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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income    
Interest and fees on loans and leases $ 360,584 $ 443,096
Interest on investment securities:    
Taxable 38,716 40,920
Tax-exempt 3,700 4,349
Interest on loans held-for-sale 975 1,561
Interest on other earning assets 1,657 5,466
Total interest income 405,632 495,392
Interest expense    
Interest on deposits 13,786 67,419
Interest on borrowings 10,019 26,492
Total interest expense 23,805 93,911
Net interest income 381,827 401,481
Provision for credit losses 20,556 96,943
Net interest income after provision for credit losses 361,271 304,538
Noninterest income    
Net gains on sales of loans and leases 6,058 7,573
Net gains on investment securities 8 0
Other 11,055 27,727
Total noninterest income 132,060 136,963
Noninterest expense    
Compensation and employee benefits 173,602 171,528
Occupancy and equipment 52,166 57,288
Lease financing equipment depreciation 20,426 18,450
Net foreclosed real estate and repossessed assets 1,029 1,859
Merger-related expenses 16,216 36,728
Other 85,243 88,746
Total noninterest expense 348,682 374,599
Income before income tax expense 144,649 66,902
Income tax expense 19,540 13,086
Income after income tax expense 125,109 53,816
Income attributable to non-controlling interest 1,773 1,917
Net income attributable to TCF Financial Corporation 123,336 51,899
Preferred stock dividends 2,493 2,493
Net income available to common shareholders $ 120,843 $ 49,406
Earnings per common share:    
Basic earnings per common share (in usd per share) $ 0.79 $ 0.33
Diluted earnings per common share (in usd per share) $ 0.79 $ 0.32
Weighted-average common shares outstanding    
Basic (in shares) 152,159,117 151,902,357
Diluted (in shares) 152,540,687 152,114,017
Leasing revenue    
Interest expense    
Revenue From Contract with Customer And Revenue Not From Contract With Customer, Excluding Interest Income $ 36,453 $ 33,565
Noninterest income    
Noninterest income 36,453 33,565
Fees and service charges on deposit accounts    
Interest expense    
Revenue From Contract with Customer And Revenue Not From Contract With Customer, Excluding Interest Income 25,895 34,597
Noninterest income    
Noninterest income 25,895 34,597
Total noninterest income 25,895 34,597
Card and ATM revenue    
Interest expense    
Revenue From Contract with Customer And Revenue Not From Contract With Customer, Excluding Interest Income 24,661 21,685
Noninterest income    
Noninterest income 24,661 21,685
Total noninterest income 24,661 21,685
Mortgage banking income    
Interest expense    
Revenue From Contract with Customer And Revenue Not From Contract With Customer, Excluding Interest Income 20,986 5,665
Noninterest income    
Noninterest income 20,986 5,665
Wealth management revenue    
Interest expense    
Revenue From Contract with Customer And Revenue Not From Contract With Customer, Excluding Interest Income 6,944 6,151
Noninterest income    
Noninterest income 6,944 6,151
Total noninterest income $ 6,944 $ 6,151