Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2012

Segment Reporting

Our segment information for the three and six months ended June 30, 2012 and 2011 is as follows:

(Dollars in thousands)	Global Commercial Bank (1)		SVB Private   Bank		SVB   Capital (1)		Other             Items		Total
Three months ended June 30, 2012
Net interest income (loss)	$	146,420	$	5,516	$	9	$	(11)	$	151,934
(Provision for) reduction of loan losses		(8,923)		924		-		-		(7,999)
Noninterest income		52,494		151		4,557		23,224		80,426
Noninterest expense (2)		(98,478)		(3,356)		(2,872)		(31,060)		(135,766)
Income (loss) before income tax expense (3)	$	91,513	$	3,235	$	1,694	$	(7,847)	$	88,595
Total average loans, net of unearned income	$	6,479,544	$	742,130	$	-	$	15,508	$	7,237,182
Total average assets (4)		19,023,230		747,445		251,295		868,906		20,890,876
Total average deposits		17,131,816		253,482		-		22,338		17,407,636
Three months ended June 30, 2011
Net interest income	$	125,695	$	4,653	$	3	$	102	$	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)		(84,702)		(2,477)		(3,111)		(30,742)		(121,032)
Income before income tax expense (3)	$	76,814	$	2,908	$	3,608	$	49,665	$	132,995
Total average loans, net of unearned income	$	4,822,497	$	642,287	$	-	$	68,047	$	5,532,831
Total average assets (4)		16,805,670		642,744		232,381		573,736		18,254,531
Total average deposits		15,099,789		156,765		-		13,185		15,269,739
Six months ended June 30, 2012
Net interest income	$	289,684	$	10,481	$	16	$	2,690	$	302,871
Provision for loan losses		(22,159)		(369)		-		-		(22,528)
Noninterest income		92,422		308		8,144		38,845		139,719
Noninterest expense (2)		(194,734)		(6,589)		(5,408)		(61,047)		(267,778)
Income (loss) before income tax expense (3)	$	165,213	$	3,831	$	2,752	$	(19,512)	$	152,284
Total average loans, net of unearned income	$	6,255,450	$	740,049	$	-	$	25,266	$	7,020,765
Total average assets (4)		18,790,252		744,703		254,835		771,919		20,561,709
Total average deposits		16,916,965		246,991		-		22,744		17,186,700
Six months ended June 30, 2011
Net interest income (loss)	$	246,515	$	9,054	$	4	$	(4,821)	$	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)		(170,582)		(4,480)		(6,253)		(57,152)		(238,467)
Income before income tax expense (3)	$	148,009	$	7,049	$	7,757	$	66,045	$	228,860
Total average loans, net of unearned income	$	4,766,104	$	613,467	$	-	$	43,480	$	5,423,051
Total average assets (4)		16,502,986		613,734		222,570		763,918		18,103,208
Total average deposits		14,803,648		153,520		-		12,638		14,969,806

(1) Global Commercial Bank’s and SVB Capital’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 $3.6 million and $2.7 million for the three months ended June 30, 2012 and 2011, respectively, and $7.0 million and $5.6 million for the six months ended June 30, 2012 and 2011, 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.

(4) Total average assets equals the greater of total average assets or the sum of total liabilities and total stockholders’ equity for each segment.