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INVESTMENTS IN QUALIFIED AFFORDABLE HOUSING PARTNERSHIPS, TAX CREDIT AND OTHER INVESTMENTS, NET (Tables)
6 Months Ended
Jun. 30, 2015
INVESTMENTS IN QUALIFIED AFFORDABLE HOUSING PARTNERSHIPS, TAX CREDIT AND OTHER INVESTMENTS, NET  
Summary of the impact of new accounting guidance
December 31, 2014
($ in thousands)
As Previously Reported
As Revised
Consolidated Balance Sheet:
Investments in qualified affordable housing partnerships, net
$
178,652

$
178,962

Other assets - Deferred tax assets
$
384,367

$
389,601

Retained earnings
$
1,598,598

$
1,604,141

Three Months Ended
June 30, 2014
Six Months Ended
June 30, 2014
($ in thousands, except per share data)
As Previously Reported
As Revised
As Previously Reported
As Revised
Consolidated Statements of Income:
Noninterest expense — Amortization of tax credit and other investments
$
12,851

$
5,490

$
18,815

$
6,982

Income before income taxes
$
115,606

$
122,966

$
227,296

$
239,129

Income tax expense
$
31,618

$
38,661

$
66,567

$
80,653

Net income
$
83,988

$
84,305

$
160,729

$
158,476

Earnings Per Share
Basic
$
0.59

$
0.59

$
1.13

$
1.11

Diluted
$
0.58

$
0.59

$
1.12

$
1.11


Schedule of investments in qualified affordable housing partnerships and related unfunded commitments
($ in thousands)
June 30, 2015
December 31, 2014
Investments in qualified affordable housing partnerships, net
$
176,566

$
178,962

Accrued expenses and other liabilities — Unfunded commitments
$
45,567

$
43,311


Schedule of other information related to investments in qualified affordable housing partnerships
Three Months Ended
June 30,
Six Months Ended
June 30,
($ in thousands)
2015
2014
2015
2014
Tax credits and other tax benefits recognized
$
8,605

$
7,649

$
17,380

$
15,441

Amortization expense included in income tax expense
$
6,152

$
5,357

$
12,396

$
10,714