XML 63 R49.htm IDEA: XBRL DOCUMENT v3.6.0.2
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Selected segment information
Information about the Corporation’s segments is presented below.
Segment Income Statement Data
 
 
 
 
 
Corporate and
Commercial
Specialty
Community,
Consumer, and
Business
Risk Management
and Shared Services
Consolidated
Total
For the Years Ended December 31,
($ in Thousands)
2016
 
 
 
 
Net interest income
$
328,603

$
350,551

$
28,119

$
707,273

Noninterest income
47,776

277,942

27,165

352,883

Total revenue
376,379

628,493

55,284

1,060,156

Credit provision*
50,397

24,185

(4,582
)
70,000

Noninterest expense
148,493

502,285

51,782

702,560

Income before income taxes
177,489

102,023

8,084

287,596

Income tax expense (benefit)
59,261

35,708

(7,647
)
87,322

Net income
$
118,228

$
66,315

$
15,731

$
200,274

Return on average allocated capital (ROCET1)**
11.0
%
10.5
%
2.8
%
9.9
%
2015
 
 
 
 
Net interest income
$
310,072

$
349,134

$
17,072

$
676,278

Noninterest income
46,742

265,503

17,112

329,357

Total revenue
356,814

614,637

34,184

1,005,635

Credit provision*
41,913

25,614

(30,027
)
37,500

Noninterest expense
141,912

492,284

64,151

698,347

Income before income taxes
172,989

96,739

60

269,788

Income tax expense (benefit)
59,200

33,859

(11,572
)
81,487

Net income
$
113,789

$
62,880

$
11,632

$
188,301

Return on average allocated capital (ROCET1)**
11.6
%
9.8
%
2.1
%
9.9
%
2014
 
 
 
 
Net interest income
$
296,717

$
310,444

$
73,806

$
680,967

Noninterest income
49,213

221,430

20,218

290,861

Total revenue
345,930

531,874

94,024

971,828

Credit provision*
46,857

23,934

(54,791
)
16,000

Noninterest expense
148,476

463,235

68,072

679,783

Income before income taxes
150,597

44,705

80,743

276,045

Income tax expense
50,039

15,647

19,850

85,536

Net income
$
100,558

$
29,058

$
60,893

$
190,509

Return on average allocated capital (ROCET1)**
11.1
%
5.1
%
13.9
%
9.9
%
Segment Balance Sheet Data
 
 
 
 
 
Corporate and
Commercial
Specialty
Community,
Consumer, and
Business
Risk Management
and Shared Services
Consolidated
Total
Average Balance for:
($ in Thousands)
2016
 
 
 
 
Average earning assets
$
10,178,813

$
9,309,028

$
6,538,820

$
26,026,661

Average loans
10,169,300

9,307,723

173,644

19,650,667

Average deposits
5,904,238

11,451,759

3,649,775

21,005,772

Average allocated capital (CET1)**
$
1,070,598

$
629,540

$
240,253

$
1,940,391

2015
 
 
 
 
Average earning assets
$
9,383,971

$
8,810,015

$
6,377,101

$
24,571,087

Average loans
9,374,191

8,809,673

68,400

18,252,264

Average deposits
5,856,530

10,898,602

3,147,955

19,903,087

Average allocated capital (CET1)**
$
977,406

$
640,181

$
216,010

$
1,833,597

2014
 
 
 
 
Average earning assets
$
8,927,401

$
7,840,352

$
5,992,375

$
22,760,128

Average loans
8,915,498

7,840,352

83,144

16,838,994

Average deposits
5,148,195

10,061,495

2,437,394

17,647,084

Average allocated capital (CET1)**
$
903,500

$
564,303

$
402,806

$
1,870,609

* The consolidated credit provision is equal to the actual reported provision for credit losses.
** The Federal Reserve establishes capital adequacy requirements for the Corporation. Average allocated capital represents average common equity Tier 1, as defined by the Federal Reserve. For segment reporting purposes, the ROCET1, a non-GAAP financial measure, reflects return on average allocated common equity Tier 1 (“CET1”). The ROCET1 for the Risk Management and Shared Services segment and the Consolidated Total is inclusive of the annualized effect of the preferred stock dividends.