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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest income        
Loans and leases $ 180,349 $ 175,435 $ 534,521 $ 508,366
Securities 44,182 40,893 133,118 117,951
Due from banks - interest-bearing 163 474 429 1,179
Federal funds sold and securities purchased under resale agreements 74 90 181 342
Total interest income 224,768 216,892 668,249 627,838
Interest expense        
Deposits 3,316 8,535 10,914 28,742
Federal funds purchased and securities sold under repurchase agreements 9   42 2
Subordinated debt 6,125 4,419 14,494 13,701
Other long-term debt 5,396 4,622 15,685 13,960
Total interest expense 14,846 17,576 41,135 56,405
Net interest income 209,922 199,316 627,114 571,433
Provision for credit losses on loans and leases, excluding covered loans 2,000 7,500 3,000 7,500
Provision for losses on covered loans 18,089 5,147 38,848 25,979
Net interest income after provision 189,833 186,669 585,266 537,954
Noninterest income        
Trust and investment fees 43,477 35,412 111,198 107,737
Brokerage and mutual fund fees 9,059 5,079 19,380 15,604
Cash management and deposit transaction charges 11,526 10,986 34,169 33,616
International services 9,819 10,352 28,621 27,683
FDIC loss sharing income (expense), net 1,667 (14,191) (3,493) (16,270)
Gain on disposal of assets 3,199 5,191 8,401 16,037
Gain on sale of securities 856 3,520 1,026 5,339
Gain on acquisition       8,164
Other 27,693 13,479 58,640 58,206
Impairment loss on securities:        
Total other-than-temporary impairment loss on securities (1,510) (4,549) (1,688) (5,007)
Less: Portion of loss recognized in other comprehensive income 1,471 4,356 1,471 4,356
Net impairment loss recognized in earnings (39) (193) (217) (651)
Total noninterest income 107,257 69,635 257,725 255,465
Noninterest expense        
Salaries and employee benefits 120,210 112,729 355,490 335,880
Net occupancy of premises 16,238 13,713 43,980 40,724
Legal and professional fees 11,757 14,242 34,996 39,109
Information services 8,660 7,906 25,348 23,738
Depreciation and amortization 8,324 6,930 23,765 20,582
Amortization of intangibles 1,932 2,105 5,336 6,377
Marketing and advertising 7,141 6,675 21,554 20,819
Office services and equipment 4,673 4,456 13,113 13,734
Other real estate owned 8,749 13,160 28,384 49,811
FDIC assessments 4,616 6,670 13,618 25,000
Other operating 15,586 9,051 37,538 31,092
Total noninterest expense 207,886 197,637 603,122 606,866
Income before income taxes 89,204 58,667 239,869 186,553
Income taxes 29,052 16,267 78,042 54,803
Net income 60,152 42,400 161,827 131,750
Less: Net income attributable to noncontrolling interest 372 1,002 1,024 3,189
Net income attributable to City National Corporation $ 59,780 $ 41,398 $ 160,803 $ 128,561
Net income per share, basic (in dollars per share) $ 1.10 $ 0.78 $ 2.98 $ 2.41
Net income per share, diluted (in dollars per share) $ 1.10 $ 0.77 $ 2.97 $ 2.39
Shares used to compute net income per share, basic (in shares) 53,425 52,481 53,092 52,422
Shares used to compute net income per share, diluted (in shares) 53,711 52,720 53,376 52,882
Dividends per share (in dollars per share) $ 0.25 $ 0.20 $ 0.75 $ 0.60