Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2011

Segment Information

Our segment information for the three and six months ended June 30, 2011 and 2010 is as follows:

(Dollars in thousands)	Global Commercial Bank (1)			SVB Private Bank			SVB Capital (1)			Other Items			Total
Three months ended June 30, 2011
Net interest income	$	108,452		$	4,837		$	3		$	17,161		$	130,453
(Provision for) reduction of loan losses		(730	)		596			—			—			(134	)
Noninterest income		36,551			136			6,716			80,305			123,708
Noninterest expense (2)		(85,462	)		(2,477	)		(3,111	)		(29,982	)		(121,032	)
Income before income tax expense (3)	$	58,811		$	3,092		$	3,608		$	67,484		$	132,995
Total average loans, net of unearned income	$	4,822,497		$	642,287		$	—		$	68,047		$	5,532,831
Total average assets		5,264,434			642,744			232,381			12,114,972			18,254,531
Total average deposits		15,099,789			156,765			—			13,185			15,269,739
Three months ended June 30, 2010
Net interest income	$	90,983		$	3,120		$	—		$	12,333		$	106,436
(Provision for) reduction of loan losses		(7,571	)		163			—			—			(7,408	)
Noninterest income		32,862			132			2,956			4,207			40,157
Noninterest expense (2)		(73,877	)		(1,036	)		(3,632	)		(25,635	)		(104,180	)
Income (loss) before income tax expense (3)	$	42,397		$	2,379		$	(676	)	$	(9,095	)	$	35,005
Total average loans, net of unearned income	$	3,673,144		$	431,598		$	—		$	7,298		$	4,112,040
Total average assets		4,006,279			431,676			144,426			9,971,881			14,554,262
Total average deposits		11,767,045			153,950			—			(15,554	)		11,905,441
Six months ended June 30, 2011
Net interest income	$	212,254		$	9,238		$	4		$	29,256		$	250,752
Reduction of provision for loan losses		661			2,252			—			—			2,913
Noninterest income		71,415			223			14,006			128,018			213,662
Noninterest expense (2)		(171,847	)		(4,480	)		(6,253	)		(55,887	)		(238,467	)
Income before income tax expense (3)	$	112,483		$	7,233		$	7,757		$	101,387		$	228,860
Total average loans, net of unearned income	$	4,766,104		$	613,467		$	—		$	43,480		$	5,423,051
Total average assets		5,169,591			613,734			222,570			12,097,313			18,103,208
Total average deposits		14,803,648			153,520			—			12,638			14,969,806
Six months ended June 30, 2010
Net interest income (loss)	$	178,451		$	6,200		$	(1	)	$	22,626		$	207,276
(Provision for) reduction of loan losses		(18,427	)		274			—			—			(18,153	)
Noninterest income		63,804			237			7,870			17,519			89,430
Noninterest expense (2)		(145,201	)		(2,065	)		(7,158	)		(48,332	)		(202,756	)
Income (loss) before income tax expense (3)	$	78,627		$	4,646		$	711		$	(8,187	)	$	75,797
Total average loans, net of unearned income	$	3,669,378		$	431,125		$	—		$	13,286		$	4,113,789
Total average assets		4,004,197			431,268			146,001			9,481,115			14,062,581
Total average deposits		11,308,998			139,108			—			(9,182	)		11,438,924

(1) SVB Capital’s and Global Commercial Bank’s components of net interest income (loss), noninterest income, noninterest expense and total average assets are shown net of noncontrolling interests for all periods presented.

(2) The Global Commercial Bank segment includes direct depreciation and amortization of $2.7 million and $2.3 million for the three months ended June 30, 2011 and 2010, respectively, and $5.7 million and $4.8 million for the six months ended June 30, 2011 and 2010, respectively.

(3) 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.