Business Segments (Tables)

9 Months Ended

Sep. 30, 2012

Reportable Business Segment Results for Prior Periods

The reportable business segment results for prior periods have been adjusted to reflect changes in the transfer pricing and overhead methodologies that have occurred.

	Retail Banking				Corporate Banking
	As of and for the Three Months Ended September 30,				As of and for the Three Months Ended September 30,
	2012		2011		2012		2011
Results of operations—Market View (dollars in millions):
Net interest income (expense)	$	269	$	273	$	349	$	321
Noninterest income (expense)		56		67		146		143
Total revenue		325		340		495		464
Noninterest expense (income)		260		267		258		234
Credit expense (income)		6		6		38		44
Income (loss) before income taxes and including noncontrolling interests		59		67		199		186
Income tax expense (benefit)		23		26		50		48
Net income (loss) including noncontrolling interests		36		41		149		138
Deduct: Net loss from noncontrolling interests		—		—		—		—
Net income (loss) attributable to UNBC	$	36	$	41	$	149	$	138
Total assets, end of period—Market View (dollars in millions):	$	26,895	$	24,833	$	37,877	$	32,821

	Other						Reconciling Items
	As of and for the Three Months Ended September 30,						As of and for the Three Months Ended September 30,
	2012			2011			2012			2011
Results of operations—Market View (dollars in millions):
Net interest income (expense)	$	56		$	31		$	(20	)	$	(19	)
Noninterest income (expense)		3			(6	)		(16	)		(19	)
Total revenue		59			25			(36	)		(38	)
Noninterest expense (income)		137			116			(17	)		(14	)
Credit expense (income)		1			(63	)		—			—
Income (loss) before income taxes and including noncontrolling interests		(79	)		(28	)		(19	)		(24	)
Income tax expense (benefit)		(23	)		(31	)		(8	)		(10	)
Net income (loss) including noncontrolling interests		(56	)		3			(11	)		(14	)
Deduct: Net loss from noncontrolling interests		6			4			—			—
Net income (loss) attributable to UNBC	$	(50	)	$	7		$	(11	)	$	(14	)
Total assets, end of period—Market View (dollars in millions):	$	25,646		$	28,517		$	(2,233	)	$	(2,158	)

	UnionBanCal Corporation
	As of and for the Three Months Ended September 30,
	2012		2011
Results of operations—Market View (dollars in millions):
Net interest income (expense)	$	654	$	606
Noninterest income (expense)		189		185
Total revenue		843		791
Noninterest expense (income)		638		603
Credit expense (income)		45		(13	)
Income (loss) before income taxes and including noncontrolling interests		160		201
Income tax expense (benefit)		42		33
Net income (loss) including noncontrolling interests		118		168
Deduct: Net loss from noncontrolling interests		6		4
Net income (loss) attributable to UNBC	$	124	$	172
Total assets, end of period—Market View (dollars in millions):	$	88,185	$	84,013

	Retail Banking				Corporate Banking
	As of and for the Nine Months Ended September 30,				As of and for the Nine Months Ended September 30,
	2012		2011		2012		2011
Results of operations—Market View (dollars in millions):
Net interest income (expense)	$	809	$	817	$	1,024	$	954
Noninterest income (expense)		170		203		422		422
Total revenue		979		1,020		1,446		1,376
Noninterest expense (income)		787		809		740		707
Credit expense (income)		18		19		115		145
Income (loss) before income taxes and including noncontrolling interests		174		192		591		524
Income tax expense (benefit)		68		75		155		129
Net income (loss) including noncontrolling interests		106		117		436		395
Deduct: Net loss from noncontrolling interests		—		—		—		—
Net income (loss) attributable to UNBC	$	106	$	117	$	436	$	395
Total assets, end of period—Market View (dollars in millions):	$	26,895	$	24,833	$	37,877	$	32,821

	Other						Reconciling Items
	As of and for the Nine Months Ended September 30,						As of and for the Nine Months Ended September 30,
	2012			2011			2012			2011
Results of operations—Market View (dollars in millions):
Net interest income (expense)	$	192		$	124		$	(59	)	$	(57	)
Noninterest income (expense)		21			95			(47	)		(55	)
Total revenue		213			219			(106	)		(112	)
Noninterest expense (income)		365			322			(41	)		(42	)
Credit expense (income)		(102	)		(372	)		(1	)		(1	)
Income (loss) before income taxes and including noncontrolling interests		(50	)		269			(64	)		(69	)
Income tax expense (benefit)		(38	)		101			(25	)		(27	)
Net income (loss) including noncontrolling interests		(12	)		168			(39	)		(42	)
Deduct: Net loss from noncontrolling interests		15			11			—			—
Net income (loss) attributable to UNBC	$	3		$	179		$	(39	)	$	(42	)
Total assets, end of period—Market View (dollars in millions):	$	25,646		$	28,517		$	(2,233	)	$	(2,158	)

	UnionBanCal Corporation
	As of and for the Nine Months Ended September 30,
	2012		2011
Results of operations—Market View (dollars in millions):
Net interest income (expense)	$	1,966	$	1,838
Noninterest income (expense)		566		665
Total revenue		2,532		2,503
Noninterest expense (income)		1,851		1,796
Credit expense (income)		30		(209	)
Income (loss) before income taxes and including noncontrolling interests		651		916
Income tax expense (benefit)		160		278
Net income (loss) including noncontrolling interests		491		638
Deduct: Net loss from noncontrolling interests		15		11
Net income (loss) attributable to UNBC	$	506	$	649
Total assets, end of period—Market View (dollars in millions):	$	88,185	$	84,013