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 |
|
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