Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Selected segment information

Information about the Corporation’s segments is presented below:

	Corporate and Commercial Specialty
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
($ in thousands)	2023		2022		2023		2022
Net interest income	$	240,542	$	111,359	$	459,665	$	201,992
Net intersegment interest income (expense)	(100,711)		(5,301)		(181,691)		3,224
Segment net interest income	139,831		106,058		277,975		205,216
Noninterest income	32,447		39,229		65,162		76,958
Total revenue	172,278		145,287		343,136		282,174
Provision for credit losses	13,674		12,246		27,456		24,900
Noninterest expense	61,083		56,679		123,144		113,207
Income before income taxes	97,521		76,361		192,536		144,067
Income tax expense	17,096		13,974		34,833		26,281
Net income	$	80,425	$	62,387	$	157,703	$	117,786
Allocated goodwill					$	525,836	$	525,836

	Community, Consumer, and Business
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
($ in thousands)	2023		2022		2023		2022
Net interest income	$	72,460	$	76,999	$	152,744	$	146,543
Net intersegment interest income	105,841		30,638		193,920		49,470
Segment net interest income	178,301		107,636		346,664		196,013
Noninterest income	30,256		32,121		56,206		65,327
Total revenue	208,558		139,757		402,870		261,341
Provision for credit losses	7,328		4,924		14,086		9,580
Noninterest expense	109,028		104,967		220,722		203,428
Income before income taxes	92,201		29,866		168,062		48,332
Income tax expense	19,362		6,272		35,293		10,150
Net income	$	72,839	$	23,594	$	132,769	$	38,183
Allocated goodwill					$	579,156	$	579,156

	Risk Management and Shared Services
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
($ in thousands)	2023		2022		2023		2022
Net interest income	$	(55,085)	$	27,789	$	(80,483)	$	55,358
Net intersegment (expense)	(5,130)		(25,337)		(12,229)		(52,694)
Segment net interest income (loss)	(60,216)		2,452		(92,712)		2,664
Noninterest income	2,840		4,108		6,249		7,640
Total revenue	(57,376)		6,560		(86,463)		10,304
Provision for credit losses	1,097		(17,172)		(1,471)		(38,472)
Noninterest expense	20,562		19,774		34,219		38,077
Income (loss) before income taxes	(79,035)		3,959		(119,211)		10,700
Income tax expense (benefit)	(12,926)		3,117		(19,254)		5,583
Net income (loss)	$	(66,109)	$	842	$	(99,958)	$	5,117
Allocated goodwill					$	—	$	—

	Consolidated Total
	Three Months Ended Jun 30,				Six Months Ended Jun 30,
($ in thousands)	2023		2022		2023		2022
Net interest income	$	257,917	$	216,146	$	531,927	$	403,893
Net intersegment interest income	—		—		—		—
Segment net interest income	257,917		216,146		531,927		403,893
Noninterest income	65,543		75,458		127,616		149,925
Total revenue	323,460		291,604		659,543		553,819
Provision for credit losses	22,100		(2)		40,071		(3,992)
Noninterest expense	190,673		181,420		378,086		354,712
Income before income taxes	110,687		110,187		241,386		203,099
Income tax expense	23,533		23,363		50,873		42,013
Net income	$	87,154	$	86,824	$	190,514	$	161,086
Allocated goodwill					$	1,104,992	$	1,104,992