Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2011

Segment Information

Our segment information for the three and nine months ended September 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 September 30, 2011
Net interest income	$	115,333		$	5,848		$	2		$	14,272		$	135,455
(Provision for) reduction of loan losses		(3,883	)		3,114			—			—			(769	)
Noninterest income		39,189			128			9,873			46,421			95,611
Noninterest expense (2)		(93,046	)		(2,846	)		(3,860	)		(27,699	)		(127,451	)
Income before income tax expense (3)	$	57,593		$	6,244		$	6,015		$	32,994		$	102,846
Total average loans, net of unearned income	$	5,263,448		$	684,613		$	—		$	58,553		$	6,006,614
Total average assets		5,815,493			685,308			238,949			12,056,760			18,796,510
Total average deposits		15,573,886			200,547			—			29,603			15,804,036
Three months ended September 30, 2010
Net interest income	$	90,026		$	3,276		$	—		$	13,039		$	106,341
Provision for loan losses		(10,140	)		(831	)		—			—			(10,971	)
Noninterest income		35,514			108			6,209			44,405			86,236
Noninterest expense (2)		(75,787	)		(1,090	)		(2,930	)		(24,364	)		(104,171	)
Income before income tax expense (3)	$	39,613		$	1,463		$	3,279		$	33,080		$	77,435
Total average loans, net of unearned income	$	3,999,091		$	468,774		$	—		$	30,622		$	4,498,487
Total average assets		4,319,825			468,787			161,911			9,805,115			14,755,638
Total average deposits		11,824,240			115,131			—			(20,150	)		11,919,221
Nine months ended September 30, 2011
Net interest income	$	327,587		$	15,086		$	6		$	43,528		$	386,207
(Provision for) reduction of loan losses		(3,222	)		5,366			—			—			2,144
Noninterest income		110,604			351			23,879			174,439			309,273
Noninterest expense (2)		(264,893	)		(7,326	)		(10,113	)		(83,586	)		(365,918	)
Income before income tax expense (3)	$	170,076		$	13,477		$	13,772		$	134,381		$	331,706
Total average loans, net of unearned income	$	4,933,707		$	637,443		$	—		$	48,559		$	5,619,709
Total average assets		5,387,040			637,854			225,041			12,086,913			18,336,848
Total average deposits		15,063,215			169,368			—			18,355			15,250,938
Nine months ended September 30, 2010
Net interest income (loss)	$	268,477		$	9,476		$	(1	)	$	35,665		$	313,617
Provision for loan losses		(28,567	)		(557	)		—			—			(29,124	)
Noninterest income		98,800			345			14,079			62,442			175,666
Noninterest expense (2)		(220,988	)		(3,155	)		(10,088	)		(72,696	)		(306,927	)
Income before income tax expense (3)	$	117,722		$	6,109		$	3,990		$	25,411		$	153,232
Total average loans, net of unearned income	$	3,780,490		$	443,813		$	—		$	19,128		$	4,243,431
Total average assets		4,111,217			443,912			150,696			9,590,314			14,296,139
Total average deposits		11,482,632			131,028			—			(12,877	)		11,600,783

(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 $3.1 million and $2.5 million for the three months ended September 30, 2011 and 2010, respectively, and $8.8 million and $7.3 million for the nine months ended September 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.