Business Segments

6 Months Ended

Jun. 30, 2012

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.

	Community Banking		Wealth Management		Insurance		Consumer Finance		Parent and Other			Consolidated
At or for the Three Months Ended June 30, 2012
Interest income	$	98,965	$	2	$	28	$	8,672	$	1,618		$	109,285
Interest expense		11,394		—		—		896		2,514			14,804
Net interest income		87,571		2		28		7,776		(896	)		94,481
Provision for loan losses		5,151		—		—		1,631		245			7,027
Non-interest income		24,409		6,001		2,967		587		(1,186	)		32,778
Non-interest expense		62,897		5,054		2,774		4,582		806			76,113
Intangible amortization		2,183		80		106		—		—			2,369
Income tax expense (benefit)		12,692		318		42		834		(1,266	)		12,620
Net income (loss)		29,057		551		73		1,316		(1,867	)		29,130
Total assets		11,562,365		18,287		20,574		169,838		(20,325	)		11,750,739
Total intangibles		691,011		11,472		11,139		1,809		—			715,431
At or for the Three Months Ended June 30, 2011
Interest income	$	88,207	$	3	$	33	$	8,492	$	1,420		$	98,155
Interest expense		15,718		—		—		1,064		2,679			19,461
Net interest income		72,489		3		33		7,428		(1,259	)		78,694
Provision for loan losses		6,812		—		—		1,656		83			8,551
Non-interest income		20,726		6,368		3,001		549		(1,386	)		29,258
Non-interest expense		54,319		4,649		2,772		4,381		443			66,564
Intangible amortization		1,615		83		107		—		—			1,805
Income tax expense (benefit)		8,495		585		56		769		(1,235	)		8,670
Net income (loss)		21,974		1,054		99		1,171		(1,936	)		22,362
Total assets		9,657,270		20,485		19,366		169,765		(9,723	)		9,857,163
Total intangibles		576,786		11,799		11,564		1,809		—			601,958
At or for the Six Months Ended June 30, 2012
Interest income	$	196,392	$	4	$	58	$	17,028	$	3,090		$	216,572
Interest expense		24,218		—		—		1,867		5,085			31,170
Net interest income		172,174		4		58		15,161		(1,995	)		185,402
Provision for loan losses		10,389		—		—		2,797		413			13,599
Non-interest income		47,856		11,883		6,470		1,084		(2,770	)		64,523
Non-interest expense		134,690		9,743		5,711		9,187		1,174			160,505
Intangible amortization		4,278		160		212		—		—			4,650
Income tax expense (benefit)		20,426		721		216		1,642		(2,546	)		20,459
Net income (loss)		50,247		1,263		389		2,619		(3,806	)		50,712
Total assets		11,562,365		18,287		20,574		169,838		(20,325	)		11,750,739
Total intangibles		691,011		11,472		11,139		1,809		—			715,431

	Community Banking		Wealth Management		Insurance		Consumer Finance		Parent and Other			Consolidated
At or for the Six Months Ended June 30, 2011
Interest income	$	175,990	$	6	$	66	$	16,562	$	2,902		$	195,526
Interest expense		32,112		—		—		2,181		5,256			39,549
Net interest income		143,878		6		66		14,381		(2,354	)		155,977
Provision for loan losses		13,648		—		—		2,984		147			16,779
Non-interest income		40,807		12,306		6,559		1,071		(3,053	)		57,690
Non-interest expense		114,376		9,582		6,063		8,705		599			139,325
Intangible amortization		3,221		167		213		—		—			3,601
Income tax expense (benefit)		14,331		918		126		1,452		(2,402	)		14,425
Net income (loss)		39,109		1,645		223		2,311		(3,751	)		39,537
Total assets		9,657,270		20,485		19,366		169,765		(9,723	)		9,857,163
Total intangibles		576,786		11,799		11,564		1,809		—			601,958