Company: WSBC
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030795
Chunk: 108

Company: WESBANCO INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 108
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 —

            Equipment and software (4)

        36,619

        47

        —

            Miscellaneous taxes

        11,678

        8

        —

            Professional services

        9,740

        580

        5,414

            Marketing

        10,280

        96

        802

            FDIC insurance

        12,249

        —

        —

            Supplies

        6,447

        132

        —

            Telecommunications

        5,325

        —

        —

            General administration

        5,494

        152

        100

            Merger-related and restructuring

        3,775

        —

        55

            Amortization of intangibles

        8,855

        233

        —

            Corporate overhead expenses (5)

        —

        5,300

        —

            Other segment items (6)

        17,260

        269

        (85
        )

        Segment profit before provision for income taxes

        207,205

        8,904

        (22,060
        )

        Provision for income taxes

        38,273

        1,870

        (5,126
        )

        Segment profit

        168,932

        7,034

        (16,934
        )

        159,032

        Reconciliation of segment profit (loss)

        Preferred stock dividends

        (10,125
        )

        Net income available to common shareholders

        148,907

      (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 $7.5 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.(