XML 51 R39.htm IDEA: XBRL DOCUMENT v3.5.0.2
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of segment profits (losses) and assets
Segment profits and assets are provided in the following table for the periods indicated.

(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
Three Months Ended June 30, 2016
 

 
 

 
 

 
 

Net interest income
$
31,985

 
$
7,624

 
$

 
$
39,609

Inter-segment net interest income (expense)
9,435

 
(6,900
)
 
(2,535
)
 

Credit for loan and lease losses
1,382

 

 

 
1,382

Other operating income
6,493

 
1,397

 
3,802

 
11,692

Other operating expense
(14,904
)
 
(439
)
 
(18,872
)
 
(34,215
)
Administrative and overhead expense allocation
(16,709
)
 
(194
)
 
16,903

 

Income before taxes
17,682

 
1,488

 
(702
)
 
18,468

Income tax (expense) benefit
(6,078
)
 
(513
)
 
260

 
(6,331
)
Net income (loss)
$
11,604

 
$
975

 
$
(442
)
 
$
12,137


(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
Three Months Ended June 30, 2015
 

 
 

 
 

 
 

Net interest income
$
28,837

 
$
8,457

 
$

 
$
37,294

Inter-segment net interest income (expense)
11,348

 
(8,067
)
 
(3,281
)
 

Credit for loan and lease losses
7,319

 

 

 
7,319

Other operating income
6,008

 
(1,322
)
 
3,438

 
8,124

Other operating expense
(15,354
)
 
(493
)
 
(16,611
)
 
(32,458
)
Administrative and overhead expense allocation
(15,937
)
 
(266
)
 
16,203

 

Income before taxes
22,221

 
(1,691
)
 
(251
)
 
20,279

Income tax (expense) benefit
(7,776
)
 
591

 
(759
)
 
(7,944
)
Net income (loss)
$
14,445

 
$
(1,100
)
 
$
(1,010
)
 
$
12,335

(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
Six Months Ended June 30, 2016
 

 
 

 
 

 
 

Net interest income
$
62,936

 
$
15,884

 
$

 
$
78,820

Inter-segment net interest income (expense)
19,993

 
(13,917
)
 
(6,076
)
 

Credit for loan and lease losses
2,129

 

 

 
2,129

Other operating income
12,027

 
2,142

 
7,688

 
21,857

Other operating expense
(29,647
)
 
(827
)
 
(36,616
)
 
(67,090
)
Administrative and overhead expense allocation
(28,141
)
 
(390
)
 
28,531

 

Income before taxes
39,297

 
2,892

 
(6,473
)
 
35,716

Income tax (expense) benefit
(13,644
)
 
(1,004
)
 
2,250

 
(12,398
)
Net income (loss)
$
25,653

 
$
1,888

 
$
(4,223
)
 
$
23,318

(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
Six Months Ended June 30, 2015
 

 
 

 
 

 
 

Net interest income
$
56,691

 
$
16,838

 
$

 
$
73,529

Inter-segment net interest income (expense)
21,650

 
(16,765
)
 
(4,885
)
 

Credit for loan and lease losses
10,066

 

 

 
10,066

Other operating income
12,454

 
(295
)
 
7,155

 
19,314

Other operating expense
(30,178
)
 
(971
)
 
(35,327
)
 
(66,476
)
Administrative and overhead expense allocation
(28,041
)
 
(554
)
 
28,595

 

Income before taxes
42,642

 
(1,747
)
 
(4,462
)
 
36,433

Income tax (expense) benefit
(14,924
)
 
611

 
610

 
(13,703
)
Net income
$
27,718

 
$
(1,136
)
 
$
(3,852
)
 
$
22,730


(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
At June 30, 2016:
 
 
 
 
 
 
 
Investment securities
$

 
$
1,494,823

 
$

 
$
1,494,823

Loans and leases (including loans held for sale)
3,413,868

 

 

 
3,413,868

Other
49,802

 
235,554

 
88,920

 
374,276

Total assets
$
3,463,670

 
$
1,730,377

 
$
88,920

 
$
5,282,967


(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
At December 31, 2015:
 
 
 
 
 
 
 
Investment securities
$

 
$
1,520,172

 
$

 
$
1,520,172

Loans and leases (including loans held for sale)
3,225,641

 

 

 
3,225,641

Other
74,963

 
226,172

 
84,340

 
385,475

Total assets
$
3,300,604

 
$
1,746,344

 
$
84,340

 
$
5,131,288