Segment information (Tables)

12 Months Ended

Dec. 31, 2012

Information about Company's Segments

Information about the Company’s segments is presented in the accompanying table. Income statement amounts are in thousands of dollars. Balance sheet amounts are in millions of dollars.

							For the Years Ended December 31, 2012, 2011 and 2010
	Business Banking						Commercial Banking						Commercial Real Estate						Discretionary Portfolio
	2012		2011		2010		2012		2011		2010		2012		2011		2010		2012			2011		2010
Net interest income(a)	$	347,067	$	334,811	$	315,407	$	753,678	$	655,407	$	582,231	$	531,398	$	467,683	$	384,147	$	66,303		$	63,030	$	23,347
Noninterest income		103,283		95,429		95,443		253,808		249,150		217,368		133,120		99,409		85,200		(76,113	)		98,770		(34,383	)
		450,350		430,240		410,850		1,007,486		904,557		799,599		664,518		567,092		469,347		(9,810	)		161,800		(11,036	)
Provision for credit losses		22,245		45,689		74,443		15,781		29,823		47,675		4,238		58,474		45,781		44,305			59,309		55,810
Amortization of core deposit and other intangible assets		—		—		—		—		—		—		—		—		—		—			—		—
Depreciation and other amortization		122		140		276		567		553		552		11,004		9,054		7,339		2,065			2,859		3,733
Other noninterest expense		179,428		177,172		169,878		262,820		248,428		219,471		190,879		154,042		124,674		31,006			32,262		26,256
Income (loss) before taxes		248,555		207,239		166,253		728,318		625,753		531,901		458,397		345,522		291,553		(87,186	)		67,370		(96,835	)
Income tax expense (benefit)		101,484		84,532		67,687		296,894		256,311		217,734		149,321		105,709		88,466		(54,071	)		7,975		(58,269	)
Net income (loss)	$	147,071	$	122,707	$	98,566	$	431,424	$	369,442	$	314,167	$	309,076	$	239,813	$	203,087	$	(33,115	)	$	59,395	$	(38,566	)
Average total assets (in millions)	$	4,909	$	5,192	$	4,843	$	19,946	$	17,650	$	15,461	$	16,437	$	15,025	$	13,194	$	16,583		$	14,170	$	14,690
Capital expenditures (in millions)	$	—	$	—	$	1	$	—	$	—	$	3	$	—	$	—	$	1	$	—		$	—	$	—

							For the Years Ended December 31, 2012, 2011 and 2010
	Residential Mortgage Banking						Retail Banking						All Other									Total
	2012		2011		2010		2012		2011		2010		2012			2011			2010			2012		2011		2010
Net interest income(a)	$	78,058	$	63,951	$	71,599	$	902,906	$	851,332	$	839,828	$	(80,894	)	$	(46,458	)	$	50,967		$	2,598,516	$	2,389,756	$	2,267,526
Noninterest income		402,211		184,249		195,540		349,571		366,042		380,015		501,390			489,863			168,917			1,667,270		1,582,912		1,108,100
		480,269		248,200		267,139		1,252,477		1,217,374		1,219,843		420,496			443,405			219,884			4,265,786		3,972,668		3,375,626
Provision for credit losses		17,169		36,375		49,110		95,345		101,679		109,978		4,917			(61,349	)		(14,797	)		204,000		270,000		368,000
Amortization of core deposit and other intangible assets		—		—		—		—		—		—		60,631			61,617			58,103			60,631		61,617		58,103
Depreciation and other amortization		46,902		44,349		46,171		32,734		33,713		31,350		50,536			45,495			34,838			143,930		136,163		124,259
Other noninterest expense		195,604		151,945		160,131		751,916		744,905		698,540		693,046			771,534			333,525			2,304,699		2,280,288		1,732,475
Income (loss) before taxes		220,594		15,531		11,727		372,482		337,077		379,975		(388,634	)		(373,892	)		(191,785	)		1,552,526		1,224,600		1,092,789
Income tax expense (benefit)		85,671		2,403		587		151,616		137,161		154,680		(207,887	)		(228,970	)		(114,257	)		523,028		365,121		356,628
Net income (loss)	$	134,923	$	13,128	$	11,140	$	220,866	$	199,916	$	225,295	$	(180,747	)	$	(144,922	)	$	(77,528	)	$	1,029,498	$	859,479	$	736,161
Average total assets (in millions)	$	2,451	$	1,958	$	2,217	$	11,705	$	11,940	$	12,079	$	7,952		$	8,042		$	5,896		$	79,983	$	73,977	$	68,380
Capital expenditures (in millions)	$	1	$	—	$	1	$	15	$	25	$	33	$	76		$	45		$	31		$	92	$	70	$	70

(a) Net interest income is the difference between actual taxable-equivalent interest earned on assets and interest paid on liabilities by a segment and a funding charge (credit) based on the Company’s internal funds transfer pricing methodology. Segments are charged a cost to fund any assets (e.g. loans) and are paid a funding credit for any funds provided (e.g. deposits). The taxable-equivalent adjustment aggregated $26,391,000 in 2012, $25,876,000 in 2011 and $24,023,000 in 2010 and is eliminated in “All Other” net interest income and income tax expense (benefit).

Intersegment Activity Eliminated in Arriving at Consolidated Totals was Included in "All Other" Category

The amount of intersegment activity eliminated in arriving at consolidated totals was included in the “All Other” category as follows:

	Year Ended December 31
	2012			2011			2010
	(In thousands)
Revenues	$	(71,452	)	$	(64,239	)	$	(41,508	)
Expenses		(17,313	)		(14,146	)		(15,527	)
Income taxes (benefit)		(22,029	)		(20,383	)		(10,572	)
Net income (loss)		(32,110	)		(29,710	)		(15,409	)