Schedule Of Financial Information By Segment |
The following table presents selected financial information by segment and reconciliations of combined segment totals to consolidated totals. There were no material intersegment revenues between the three segments. Management periodically makes changes to methods of assigning costs and income to its business segments to better reflect operating results. If appropriate, these changes are reflected in prior year information presented below.
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(In thousands) | Consumer | Commercial | Wealth | | Other/Elimination | Consolidated Totals | Three Months Ended June 30, 2025 | | | | | | | Net interest income | $ | 126,967 | | $ | 127,763 | | $ | 23,036 | | | $ | 2,381 | | $ | 280,147 | | Provision for credit losses | (9,569) | | (108) | | (18) | | | 4,098 | | (5,597) | | Non-interest income | 23,704 | | 75,381 | | 63,846 | | | 2,682 | | 165,613 | | Investment securities gains (losses), net | — | | — | | — | | | 437 | | 437 | | Non-interest expense | (82,277) | | (108,813) | | (40,823) | | | (12,524) | | (244,437) | | Income before income taxes | $ | 58,825 | | $ | 94,223 | | $ | 46,041 | | | $ | (2,926) | | $ | 196,163 | | Six Months Ended June 30, 2025 | | | | | | | Net interest income | $ | 252,352 | | $ | 260,878 | | $ | 45,195 | | | $ | (9,176) | | $ | 549,249 | | Provision for credit losses | (19,819) | | (640) | | (18) | | | 393 | | (20,084) | | Non-interest income | 47,691 | | 144,980 | | 127,885 | | | 4,006 | | 324,562 | | Investment securities gains (losses), net | — | | — | | — | | | (7,154) | | (7,154) | | Non-interest expense | (166,082) | | (212,057) | | (82,102) | | | (22,572) | | (482,813) | | Income before income taxes | $ | 114,142 | | $ | 193,161 | | $ | 90,960 | | | $ | (34,503) | | $ | 363,760 | | Three Months Ended June 30, 2024 | | | | | | | Net interest income | $ | 127,217 | | $ | 125,536 | | $ | 22,226 | | | $ | (12,730) | | $ | 262,249 | | Provision for loan losses | (9,037) | | (725) | | 3 | | | 4,291 | | (5,468) | | Non-interest income | 24,572 | | 66,580 | | 59,600 | | | 1,492 | | 152,244 | | Investment securities gains (losses), net | — | | — | | — | | | 3,233 | | 3,233 | | Non-interest expense | (79,996) | | (100,989) | | (38,902) | | | (12,327) | | (232,214) | | Income before income taxes | $ | 62,756 | | $ | 90,402 | | $ | 42,927 | | | $ | (16,041) | | $ | 180,044 | | Six Months Ended June 30, 2024 | | | | | | | Net interest income | $ | 255,374 | | $ | 252,223 | | $ | 45,424 | | | $ | (41,773) | | $ | 511,248 | | Provision for credit losses | (17,925) | | (766) | | 4 | | | 8,432 | | (10,255) | | Non-interest income | 48,907 | | 130,382 | | 117,999 | | | 3,804 | | 301,092 | | Investment securities gains (losses), net | — | | — | | — | | | 2,974 | | 2,974 | | Non-interest expense | (160,713) | | (201,345) | | (78,453) | | | (37,400) | | (477,911) | | Income before income taxes | $ | 125,643 | | $ | 180,494 | | $ | 84,974 | | | $ | (63,963) | | $ | 327,148 | |
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