Business Segments

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Business Segments

15. BUSINESS SEGMENTS

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

• The Community Banking segment provides commercial and consumer banking services. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, international banking, business credit, capital markets and lease financing. Consumer banking products and services include deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services.

• 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 March 31, 2016
Interest income	$	143,978	$	—	$	22	$	9,785	$	1,969		$	155,754
Interest expense		12,594		—		—		941		1,865			15,400
Net interest income		131,384		—		22		8,844		104			140,354
Provision for credit losses		9,917		—		—		1,526		325			11,768
Non-interest income		31,233		8,816		4,194		716		1,085			46,044
Non-interest expense		118,048		7,089		3,301		5,204		357			133,999
Intangible amortization		2,441		65		143		—		—			2,649
Income tax expense (benefit)		10,117		605		275		1,112		(259	)		11,850
Net income (loss)		22,094		1,057		497		1,718		766			26,132
Total assets		20,151,815		20,540		21,680		188,547		(58,058	)		20,324,524
Total intangibles		1,062,079		10,383		12,779		1,809		—			1,087,050

	Community Banking		Wealth Management		Insurance			Consumer Finance		Parent and Other			Consolidated
At or for the Three Months Ended March 31, 2015
Interest income	$	122,118	$	—	$	23		$	9,593	$	1,635		$	133,369
Interest expense		9,941		—		—			860		647			11,448
Net interest income		112,177		—		23			8,733		988			121,921
Provision for credit losses		6,327		—		—			1,574		235			8,136
Non-interest income		27,301		8,387		3,593			676		(1,775	)		38,182
Non-interest expense		77,079		6,493		4,170			4,808		(10	)		92,540
Intangible amortization		1,947		68		100			—		—			2,115
Income tax expense (benefit)		15,931		658		(226	)		1,149		(543	)		16,969
Net income (loss)		38,194		1,168		(428	)		1,878		(469	)		40,343
Total assets		16,100,851		21,125		18,464			182,662		(44,254	)		16,278,848
Total intangibles		852,764		10,652		10,021			1,809		—			875,246