Company: WSBC
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030795
Chunk: 107

Company: WESBANCO INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 107
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            Marketing

        9,712

        52

        —

            FDIC insurance

        14,215

        —

        —

            Supplies

        5,895

        125

        —

            Telecommunications

        4,718

        —

        —

            General administration

        6,027

        136

        375

            Merger-related and restructuring

        3,578

        —

        2,822

            Amortization of intangibles

        8,059

        192

        —

            Corporate overhead expenses (5)

        —

        5,779

        —

            Other segment items (6)

        17,753

        283

        27

        Segment profit before provision for income taxes

        201,070

        10,056

        (26,012
        )

        Provision for income taxes

        36,711

        2,112

        (5,219
        )

        Segment profit

        164,359

        7,944

        (20,793
        )

        151,510

        Reconciliation of segment profit (loss)

        Preferred stock dividends

        (10,125
        )

        Net income available to common shareholders

        141,385

      (1) Within Corporate other, this represents interest expense on subordinated and junior subordinated debt issued by the parent company of Wesbanco.(2) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.(3) Includes depreciation and amortization expense of $7.0 million for the community banking segment.  Such expenses for the trust and investment services segment are immaterial.(4) Includes depreciation and amortization expense of $8.3 million for the community banking segment.  Such expenses for the trust and investment services segment are immaterial.(5) Corporate overhead expenses allocated to the trust and investment services segment consist of audit and accounting services, human resources, bank administration and information technology.(6) Other segment items included in segment expenses for the community banking segment include ATM and digital banking interchange expenses, correspondent service fee expense, postage expense, corporate insurance expense and other general banking service expenses.  Other segment items included in segment expenses for the trust and investment services segment include postage expense, securities safekeeping expense and other