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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Selected Business Segment Financial Information

Selected business segment financial information as of and for the years ended December 31, 2023, December 31, 2022, and December 31, 2021 were as follows:

 

(dollars in thousands)

 

Consumer
Banking

 

 

Commercial
Banking

 

 

Treasury
and Other

 

 

Consolidated
Total

 

Year Ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Income

 

$

400,380

 

 

$

215,865

 

 

$

(119,220

)

 

$

497,025

 

Provision for Credit Losses

 

 

7,773

 

 

 

44

 

 

 

1,183

 

 

 

9,000

 

Net Interest Income After Provision for Credit Losses

 

 

392,607

 

 

 

215,821

 

 

 

(120,403

)

 

 

488,025

 

Noninterest Income

 

 

126,373

 

 

 

33,016

 

 

 

17,220

 

 

 

176,609

 

Noninterest Expense

 

 

(340,336

)

 

 

(77,486

)

 

 

(19,696

)

 

 

(437,518

)

Income Before Income Taxes

 

 

178,644

 

 

 

171,351

 

 

 

(122,879

)

 

 

227,116

 

Provision for Income Taxes

 

 

(46,003

)

 

 

(42,806

)

 

 

32,895

 

 

 

(55,914

)

Net Income

 

$

132,641

 

 

$

128,545

 

 

$

(89,984

)

 

$

171,202

 

Total Assets as of December 31, 2023

 

$

8,486,255

 

 

$

5,831,880

 

 

$

9,415,161

 

 

$

23,733,296

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2022 1

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Income

 

$

327,445

 

 

$

209,273

 

 

$

3,840

 

 

$

540,558

 

Provision for Credit Losses

 

 

5,324

 

 

 

(206

)

 

 

(12,918

)

 

 

(7,800

)

Net Interest Income After Provision for Credit Losses

 

 

322,121

 

 

 

209,479

 

 

 

16,758

 

 

 

548,358

 

Noninterest Income

 

 

126,337

 

 

 

25,938

 

 

 

5,266

 

 

 

157,541

 

Noninterest Expense

 

 

(330,140

)

 

 

(70,601

)

 

 

(14,524

)

 

 

(415,265

)

Income Before Income Taxes

 

 

118,318

 

 

 

164,816

 

 

 

7,500

 

 

 

290,634

 

Provision for Income Taxes

 

 

(29,954

)

 

 

(40,659

)

 

 

5,783

 

 

 

(64,830

)

Net Income

 

$

88,364

 

 

$

124,157

 

 

$

13,283

 

 

$

225,804

 

Total Assets as of December 31, 2022 1

 

$

8,520,459

 

 

$

5,522,916

 

 

$

9,563,502

 

 

$

23,606,877

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2021 1

 

 

 

 

 

 

 

 

 

 

 

 

Net Interest Income

 

$

283,998

 

 

$

194,411

 

 

$

18,881

 

 

$

497,290

 

Provision for Credit Losses

 

 

5,764

 

 

 

201

 

 

 

(56,465

)

 

 

(50,500

)

Net Interest Income After Provision for Credit Losses

 

 

278,234

 

 

 

194,210

 

 

 

75,346

 

 

 

547,790

 

Noninterest Income

 

 

131,292

 

 

 

30,637

 

 

 

9,424

 

 

 

171,353

 

Noninterest Expense

 

 

(303,698

)

 

 

(64,470

)

 

 

(25,421

)

 

 

(393,589

)

Income Before Income Taxes

 

 

105,828

 

 

 

160,377

 

 

 

59,349

 

 

 

325,554

 

Provision for Income Taxes

 

 

(26,442

)

 

 

(39,070

)

 

 

(6,670

)

 

 

(72,182

)

Net Income

 

$

79,386

 

 

$

121,307

 

 

$

52,679

 

 

$

253,372

 

Total Assets as of December 31, 2021 1

 

$

7,675,813

 

 

$

5,107,001

 

 

$

10,002,127

 

 

$

22,784,941

 

 

1.
Certain prior period information has been reclassified to conform to current presentation.