Business Segments

9 Months Ended

Sep. 30, 2011

Business Segments [Abstract]

Business Segments

BUSINESS SEGMENTS

The Corporation operates in four reportable segments: Community Banking, Wealth Management, Insurance and Consumer Finance.

• The Community Banking segment provides services traditionally offered by full-service commercial banks, including commercial and individual demand, savings and time deposit accounts and commercial, mortgage and individual installment loans.

• The Wealth Management segment provides a broad range of personal and corporate fiduciary services including the administration of decedent and trust estates. In addition, it offers various alternative products, including securities brokerage and investment advisory services, mutual funds and annuities.

• The Insurance segment includes a full-service insurance agency offering all lines of commercial and personal insurance through major carriers. The Insurance segment also includes a reinsurer.

• The Consumer Finance segment primarily makes installment loans to individuals and purchases installment sales finance contracts from retail merchants. The Consumer Finance segment activity is funded through the sale of the Corporation's subordinated notes at the finance company's branch offices.

The following tables provide financial information for these segments of the Corporation. The information provided under the caption "Parent and Other" represents operations not considered to be reportable segments and/or general operating expenses of the Corporation, and includes the parent company, other non-bank subsidiaries and eliminations and adjustments which are necessary for purposes of reconciliation to the consolidated amounts.

At or for the Three Months Ended September 30, 2011	Community Banking		Wealth Management		Insurance		Consumer Finance		Parent and Other			Consolidated
Interest income	$	88,291	$	3	$	31	$	8,662	$	1,715		$	98,702
Interest expense		14,798		—		—		1,053		2,449			18,300
Net interest income		73,493		3		31		7,609		(734	)		80,402
Provision for loan losses		7,005		—		—		1,353		215			8,573
Non-interest income		22,033		5,653		3,143		509		(1,708	)		29,630
Non-interest expense		55,562		4,402		2,842		4,411		192			67,409
Intangible amortization		1,617		84		107		—		—			1,808
Income tax expense (benefit)		8,230		426		82		896		(1,165	)		8,469
Net income (loss)		23,112		744		143		1,458		(1,684	)		23,773
Total assets		9,755,499		19,869		18,435		171,312		(13,771	)		9,951,344
Total intangibles		575,300		11,716		11,458		1,809		—			600,283
At or for the Three Months Ended September 30, 2010	Community Banking		Wealth Management		Insurance		Consumer Finance		Parent and Other			Consolidated
Interest income	$	84,282	$	4	$	48	$	8,534	$	1,079		$	93,947
Interest expense		17,901		—		—		1,216		2,571			21,688
Net interest income		66,381		4		48		7,318		(1,492	)		72,259
Provision for loan losses		10,456		—		—		1,650		207			12,313
Non-interest income		20,434		5,120		3,163		524		(1,487	)		27,754
Non-interest expense		51,611		4,046		2,929		4,041		(55	)		62,572
Intangible amortization		1,481		88		106		—		—			1,675
Income tax expense (benefit)		6,250		359		65		776		(1,214	)		6,236
Net income (loss)		17,017		631		111		1,375		(1,917	)		17,217
Total assets		8,800,430		20,139		19,642		168,269		(15,437	)		8,993,043
Total intangibles		537,073		12,054		11,884		1,809		—			562,820

At or for the Nine Months Ended September 30, 2011	Community Banking		Wealth Management		Insurance		Consumer Finance		Parent and Other			Consolidated
Interest income	$	264,281	$	9	$	97	$	25,224	$	4,617		$	294,228
Interest expense		46,910		—		—		3,234		7,705			57,849
Net interest income		217,371		9		97		21,990		(3,088	)		236,379
Provision for loan losses		20,653		—		—		4,337		362			25,352
Non-interest income		62,840		17,959		9,702		1,580		(4,761	)		87,320
Non-interest expense		169,938		13,984		8,905		13,116		791			206,734
Intangible amortization		4,838		251		320		—		—			5,409
Income tax expense (benefit)		22,561		1,344		208		2,348		(3,567	)		22,894
Net income (loss)		62,221		2,389		366		3,769		(5,435	)		63,310
Total assets		9,755,499		19,869		18,435		171,312		(13,771	)		9,951,344
Total intangibles		575,300		11,716		11,458		1,809		—			600,283

At or for the Nine Months Ended September 30, 2010	Community Banking		Wealth Management		Insurance		Consumer Finance		Parent and Other			Consolidated
Interest income	$	252,988	$	10	$	155	$	24,660	$	3,041		$	280,854
Interest expense		57,593		—		—		3,673		7,443			68,709
Net interest income		195,395		10		155		20,987		(4,402	)		212,145
Provision for loan losses		31,451		—		—		4,547		518			36,516
Non-interest income		62,389		15,339		10,045		1,710		(3,011	)		86,472
Non-interest expense		154,399		12,209		8,835		11,953		337			187,733
Intangible amortization		4,458		263		320		—		—			5,041
Income tax expense (benefit)		17,773		1,037		375		2,237		(3,214	)		18,208
Net income (loss)		49,703		1,840		670		3,960		(5,054	)		51,119
Total assets		8,800,430		20,139		19,642		168,269		(15,437	)		8,993,043
Total intangibles		537,073		12,054		11,884		1,809		—			562,820