Segment information (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Information about Company's Segments

Information about the Company’s segments is presented in the following table:

	Three months ended March 31
	2014								2013
	Total revenues(a)		Inter- segment revenues			Net income (loss)			Total revenues(a)		Inter- segment revenues			Net income (loss)
	(in thousands)
Business Banking	$	102,299		1,057			28,598		$	105,418		1,194			32,561
Commercial Banking		248,586		1,197			99,765			249,850		1,350			107,387
Commercial Real Estate		158,360		348			74,561			165,293		1,552			76,508
Discretionary Portfolio		24,657		(5,039	)		11,279			12,041		(8,601	)		1,846
Residential Mortgage Banking		94,588		9,748			19,411			119,899		18,698			34,361
Retail Banking		261,888		3,505			29,711			291,185		3,257			52,350
All Other		186,162		(10,816	)		(34,308	)		145,246		(17,450	)		(30,900	)
Total	$	1,076,540		—			229,017		$	1,088,932		—			274,113

Summary of Segment Information

	Average total assets
	Three months ended March 31				Year ended December 31
	2014		2013		2013
	(in millions)
Business Banking	$	5,242		4,980		5,080
Commercial Banking		22,523		21,272		21,655
Commercial Real Estate		16,937		17,054		17,150
Discretionary Portfolio		18,581		16,585		16,480
Residential Mortgage Banking		3,157		2,847		2,858
Retail Banking		10,155		11,391		10,997
All Other		10,070		7,784		9,442
Total	$	86,665		81,913		83,662

(a) Total revenues are comprised of net interest income and other income. Net interest income is the difference between taxable-equivalent interest earned on assets and interest paid on liabilities owed by a segment and a funding charge (credit) based on the Company’s internal funds transfer pricing and allocation 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 $5,945,000 and $6,450,000 for the three-month periods ended March 31, 2014 and 2013, respectively, and is eliminated in “All Other” total revenues. Intersegment revenues are included in total revenues of the reportable segments. The elimination of intersegment revenues is included in the determination of “All Other” total revenues.