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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income      
Interest and fees on loans and leases $ 1,575,186 $ 1,430,628 $ 1,082,135
Interest on investment securities:      
Taxable 144,462 106,027 41,406
Tax-exempt 16,168 11,651 17,138
Interest on loans held-for-sale 11,394 18,599 6,686
Interest on other earning assets 18,452 20,356 11,964
Total interest income 1,765,662 1,587,261 1,159,329
Interest expense      
Interest on deposits 166,986 226,157 107,690
Interest on borrowings 60,275 72,072 43,144
Total interest expense 227,261 298,229 150,834
Net interest income 1,538,401 1,289,032 1,008,495
Provision for credit losses 257,151 65,282 46,768
Net interest income after provision for credit losses 1,281,250 1,223,750 961,727
Noninterest income      
Net gains on sales of loans and leases 86,776 26,308 33,695
Net gains on investment securities 2,338 7,425 348
Other 46,542 21,811 28,769
Total noninterest income 516,063 465,532 454,397
Noninterest expense      
Compensation and employee benefits 702,702 576,922 502,196
Occupancy and equipment 209,690 189,560 165,839
Lease financing equipment depreciation 73,204 76,426 73,829
Net foreclosed real estate and repossessed assets 5,136 13,523 17,050
Merger-related expenses 203,888 171,968 0
Other 332,751 303,716 255,486
Total noninterest expense 1,527,371 1,332,115 1,014,400
Income before income tax expense 269,942 357,167 401,724
Income tax expense 39,901 50,241 86,096
Income after income tax expense 230,041 306,926 315,628
Income attributable to non-controlling interest 7,282 11,458 11,270
Net income attributable to TCF Financial Corporation 222,759 295,468 304,358
Preferred stock dividends 9,975 9,975 11,588
Impact of preferred stock redemption 0 0 3,481
Net income available to common shareholders $ 212,784 $ 285,493 $ 289,289
Earnings per common share      
Basic (in usd per share) $ 1.40 $ 2.56 $ 3.44
Diluted (in usd per share) $ 1.40 $ 2.55 $ 3.43
Weighted-average common shares outstanding      
Basic (in shares) 151,812,393 111,604,094 84,133,983
Diluted (in shares) 151,887,559 111,818,365 84,324,686
Leasing revenue      
Noninterest income      
Noninterest income $ 142,723 $ 163,718 $ 172,603
Fees and service charges on deposit accounts      
Noninterest income      
Noninterest income 112,681 127,860 113,242
Total noninterest income 112,681 127,860 113,242
Card and ATM revenue      
Noninterest income      
Noninterest income 88,699 87,221 78,406
Total noninterest income 88,699 87,221 78,406
Wealth management revenue      
Noninterest income      
Noninterest income 25,701 10,413 0
Total noninterest income 25,701 10,413  
Servicing fee revenue      
Noninterest income      
Noninterest income $ 10,603 $ 20,776 $ 27,334