Our segment information for the three and nine months ended September 30, 2016 and 2015 is as follows:



(Dollars in thousands)	Global Commercial Bank (1)			SVB Private Bank			SVB Capital (1)			Other Items (2)			Total
Three months ended September 30, 2016
Net interest income	$	262,484		$	13,298		$	1		$	13,378		$	289,161
Provision for loan losses	(16,974		)	(1,976		)	—			—			(18,950		)
Noninterest income	79,226			664			30,619			33,631			144,140
Noninterest expense (3)	(159,429		)	(3,122		)	(3,924		)	(55,352		)	(221,827		)
Income (loss) before income tax expense (4)	$	165,307		$	8,864		$	26,696		$	(8,343	)	$	192,524
Total average loans, net of unearned income	$	16,357,099		$	2,074,982		$	—		$	215,113		$	18,647,194
Total average assets (5)	40,829,515			2,091,244			325,321			205,249			43,451,329
Total average deposits	36,484,125			1,115,446			—			310,183			37,909,754
Three months ended September 30, 2015
Net interest income	$	217,932		$	11,667		$	1		$	25,060		$	254,660
Provision for loan losses	(32,074		)	(1,329		)	—			—			(33,403		)
Noninterest income	68,517			506			17,332			22,122			108,477
Noninterest expense (3)	(137,637		)	(2,761		)	(3,745		)	(40,612		)	(184,755		)
Income before income tax expense (4)	$	116,738		$	8,083		$	13,588		$	6,570		$	144,979
Total average loans, net of unearned income	$	13,047,507		$	1,669,858		$	—		$	199,287		$	14,916,652
Total average assets (5)	39,688,677			1,664,602			334,045			326,896			42,014,220
Total average deposits	36,151,235			1,041,773			—			190,059			37,383,067
Nine months ended September 30, 2016
Net interest income (expense)	$	773,342		$	40,508		$	(51	)	$	40,119		$	853,918
Provision for loan losses	(86,143		)	(2,481		)	—			—			(88,624		)
Noninterest income	231,295			2,053			44,492			65,210			343,050
Noninterest expense (3)	(461,058		)	(9,481		)	(11,521		)	(144,152		)	(626,212		)
Income (loss) before income tax expense (4)	$	457,436		$	30,599		$	32,920		$	(38,823	)	$	482,132
Total average loans, net of unearned income	$	15,769,964		$	1,978,175		$	—		$	207,358		$	17,955,497
Total average assets (5)	41,021,311			1,986,215			334,328			327,862			43,669,716
Total average deposits	37,002,027			1,120,575			—			321,388			38,443,990
Nine months ended September 30, 2015
Net interest income	$	625,611		$	32,499		$	3		$	79,243		$	737,356
Provision for loan losses	(64,126		)	(2,242		)	—			—			(66,368		)
Noninterest income	197,740			1,498			57,919			101,131			358,288
Noninterest expense (3)	(421,425		)	(8,869		)	(10,935		)	(128,179		)	(569,408		)
Income before income tax expense (4)	$	337,800		$	22,886		$	46,987		$	52,195		$	459,868
Total average loans, net of unearned income	$	12,721,972		$	1,529,095		$	—		$	180,718		$	14,431,785
Total average assets (5)	37,449,533			1,527,339			335,136			594,681			39,906,689
Total average deposits	34,124,748			1,125,345			—			163,260			35,413,353


(1)	Global Commercial Bank’s and SVB Capital’s components of net interest income, noninterest income, noninterest expense and total average assets are shown net of noncontrolling interests for all periods presented. Noncontrolling interest is included within "Other Items".

(2)

The "Other Items" column reflects the adjustments necessary to reconcile the results of the operating segments to the consolidated financial statements prepared in conformity with GAAP. Net interest income consists primarily of interest earned from our fixed income investment portfolio, net of FTP. Noninterest income consists primarily of gains on equity warrant assets and gains on the sale of fixed income securities. Noninterest expense consists primarily of expenses associated with corporate support functions such as finance, human resources, marketing, legal and other expenses.


(3)	The Global Commercial Bank segment includes direct depreciation and amortization of $6.4 million and $4.9 million for the three months ended September 30, 2016 and 2015, respectively, and $18.3 million and $14.9 million for the nine months ended September 30, 2016 and 2015, respectively.


(4)	The internal reporting model used by management to assess segment performance does not calculate income tax expense by segment. Our effective tax rate is a reasonable approximation of the segment rates.


(5)	Total average assets equal the greater of total average assets or the sum of total average liabilities and total average stockholders’ equity for each segment to reconcile the results to the consolidated financial statements prepared in conformity with GAAP.