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Parent Company Only Condensed Financial Information (Tables)
 12 Months Ended
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheets
The condensed balance sheets of SVB Financial at December 31, 2017 and 2016, and the related condensed statements of income, comprehensive income and cash flows for 2017, 2016 and 2015, are presented below:
Condensed Balance Sheets
 
 
December 31,
(Dollars in thousands)
 
2017
 
2016
Assets:
 
 
 
 
Cash and cash equivalents
 
$
457,324

 
$
500,014

Investment securities
 
485,220

 
244,603

Net loans
 
—

 
13,337

Other assets
 
196,974

 
197,220

Investment in subsidiaries:
 
 
 
 
   Bank subsidiary
 
3,762,542

 
3,423,427

   Nonbank subsidiaries
 
90,540

 
113,928

Total assets
 
$
4,992,600

 
$
4,492,529

 
 
 
 
 
Liabilities and SVBFG stockholders’ equity:
 
 
 
 
3.50% Senior Notes
 
$
347,303

 
$
346,979

5.375% Senior Notes
 
348,189

 
347,586

7.0% Junior Subordinated Debentures
 
—

 
54,493

Other liabilities
 
117,313

 
100,917

Total liabilities
 
$
812,805

 
$
849,975

SVBFG stockholders’ equity
 
4,179,795

 
3,642,554

Total liabilities and SVBFG stockholders’ equity
 
$
4,992,600

 
$
4,492,529
Condensed Statements of Income
Condensed Statements of Income
 
 
Year ended December 31,
(Dollars in thousands)
 
2017

2016

2015
Interest income
 
$
2,077

 
$
690

 
$
964

Interest expense
 
(34,932
)
 
(35,316
)
 
(34,169
)
Dividend income from bank subsidiary
 
90,000

 
40,000

 
—

Gains on equity warrant assets, net (1)
 
54,555

 
37,892

 
70,963

Gains on investment securities, net
 
37,132

 
20,644

 
39,447

Fund management fees and other noninterest income (1)
 
24,613

 
21,913

 
2,286

General and administrative expenses
 
(63,077
)
 
(55,139
)
 
(54,822
)
Income tax benefit (expense)
 
10,367

 
423

 
(14,448
)
Income before net income of subsidiaries
 
120,735

 
31,107

 
10,221

Equity in undistributed net income of nonbank subsidiaries
 
13,002

 
11,949

 
26,819

Equity in undistributed net income of bank subsidiary
 
356,769

 
339,629

 
306,864

Net income available to common stockholders
 
$
490,506

 
$
382,685

 
$
343,904


 

(1)
Our consolidated statements of income for the years ended December 31, 2016 and 2015 were modified from prior periods’ presentation to conform to the current period's presentation, which reflects a new line item to separately disclose net gains on equity warrant assets. In prior periods, net gains on equity warrant assets were reported as a component of net gains on derivative instruments. We removed the line item "gains on derivative instruments, net" and reclassified all other gains on derivative instruments, net to other noninterest income.
Condensed Statements of Comprehensive Income
Condensed Statements of Comprehensive Income
 
 
Year ended December 31,
(Dollars in thousands)
 
2017
 
2016
 
2015
Net income available to common stockholders
 
$
490,506

 
$
382,685

 
$
343,904

Other comprehensive (loss) income, net of tax:
 
 
 
 
 
 
Foreign currency translation gains (losses)
 
3,769

 
3,071

 
(1,492
)
Changes in unrealized holding gains and losses on AFS securities
 
22,285

 
654

 
(2,041
)
Equity in other comprehensive (losses) income of subsidiaries
 
(50,956
)
 
4,301

 
(23,767
)
Other comprehensive (loss) income, net of tax
 
(24,902
)
 
8,026

 
(27,300
)
Total comprehensive income
 
$
465,604

 
$
390,711

 
$
316,604
Condensed Statements of Cash Flows
Condensed Statements of Cash Flows
 
 
Year ended December 31,
(Dollars in thousands)
 
2017
 
2016
 
2015
Cash flows from operating activities:
 
 
 
 
 
 
Net income attributable to SVBFG
 
$
490,506

 
$
382,685

 
$
343,904

Adjustments to reconcile net income to net cash used for operating activities:
 
 
 
 
 
 
Gains on equity warrant assets, net
 
(54,555
)
 
(37,892
)
 
(70,963
)
Gains on investment securities, net
 
(37,132
)
 
(20,644
)
 
(39,447
)
Net income of bank subsidiary
 
(446,769
)
 
(379,629
)
 
(306,864
)
Net income on nonbank subsidiaries
 
(13,002
)
 
(11,949
)
 
(26,819
)
Cash dividends from bank subsidiary
 
90,000

 
40,000

 
—

Amortization of share-based compensation
 
36,900

 
35,494

 
32,239

Decrease (increase) in other assets
 
12,959

 
35,699

 
(30,638
)
Increase in other liabilities
 
11,774

 
15,293

 
28,985

Other, net
 
131

 
2,992

 
15,956

Net cash provided by (used for) operating activities
 
90,812

 
62,049

 
(53,647
)
 
 
 
 
 
 
 
Cash flows from investing activities:
 
 
 
 
 
 
Net (increase) decrease in investment securities from purchases, sales and maturities
 
(117,743
)
 
54,737

 
31,380

Net decrease (increase) in loans
 
13,337

 
(3,478
)
 
6,825

Increase in investment in bank subsidiary
 
(38,927
)
 
(14,738
)
 
(378,286
)
Decrease in investment in nonbank subsidiaries
 
34,374

 
1,924

 
71,062

Net cash (used for) provided by investing activities
 
(108,959
)
 
38,445

 
(269,019
)
 
 
 
 
 
 
 
Cash flows from financing activities:
 
 
 
 
 
 
Principal payments of long-term debt
 
(51,546
)
 
—

 
—

Proceeds from issuance of common stock, ESPP and ESOP
 
27,003

 
26,147

 
22,410

Tax effect from stock exercises (1)
 
—

 
(3,640
)
 
16,602

Net proceeds from issuance of long-term debt
 
—

 
—

 
346,431

Net cash (used for) provided by financing activities
 
(24,543
)
 
22,507

 
385,443

Net (decrease) increase in cash and cash equivalents
 
(42,690
)
 
123,001

 
62,777

Cash and cash equivalents at beginning of period
 
500,014

 
377,013

 
314,236

Cash and cash equivalents at end of period
 
$
457,324

 
$
500,014

 
$
377,013