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BUSINESS SEGMENTS (Tables)
 6 Months Ended
Jun. 30, 2015
BUSINESS SEGMENTS  
Operating results and key financial measures for operating segments
 
Three Months Ended June 30, 2015
($ in thousands)
Retail Banking
Commercial Banking
Other
Total
Interest income
$
82,729

$
157,337

$
15,379

$
255,445

Charge for funds used
(21,357
)
(38,328
)
(13,723
)
(73,408
)
Interest spread on funds used
61,372

119,009

1,656

182,037

Interest expense
(12,996
)
(4,710
)
(10,247
)
(27,953
)
Credit on funds provided
60,950

7,995

4,463

73,408

Interest spread on funds provided
47,954

3,285

(5,784
)
45,455

Net interest income (loss)
$
109,326

$
122,294

$
(4,128
)
$
227,492

(Reversal of) provision for loan losses
$
(3,454
)
$
6,948

$
—

$
3,494

Depreciation, amortization and accretion (1)
$
3,235

$
(6,054
)
$
8,938

$
6,119

Goodwill
$
357,207

$
112,226

$
—

$
469,433

Segment pre-tax profit (loss)
$
55,349

$
97,269

$
(8,197
)
$
144,421

Segment assets
$
7,373,641

$
16,141,368

$
6,549,063

$
30,064,072

 
Three Months Ended June 30, 2014
($ in thousands)
Retail Banking
Commercial Banking
Other
Total
Interest income
$
99,792

$
181,880

$
12,770

$
294,442

Charge for funds used
(23,854
)
(34,281
)
(9,929
)
(68,064
)
Interest spread on funds used
75,938

147,599

2,841

226,378

Interest expense
(11,950
)
(3,421
)
(12,621
)
(27,992
)
Credit on funds provided
54,139

8,983

4,942

68,064

Interest spread on funds provided
42,189

5,562

(7,679
)
40,072

Net interest income (loss)
$
118,127

$
153,161

$
(4,838
)
$
266,450

(Reversal of) provision for loan losses
$
(440
)
$
8,440

$
—

$
8,000

Depreciation, amortization and accretion (1) (2)
$
4,096

$
(1,286
)
$
12,148

$
14,958

Goodwill
$
354,163

$
104,304

$
—

$
458,467

Segment pre-tax profit (loss) (2)
$
48,939

$
77,844

$
(3,817
)
$
122,966

Segment assets (2)
$
7,822,020

$
14,177,634

$
5,557,346

$
27,557,000

(1)
Includes amortization and accretion related to the FDIC indemnification asset.
(2)
Prior periods were restated to reflect the retrospective application of adopting the new accounting guidance related to the Company’s investments in qualified affordable housing projects ASU 2014-01. See Note 10 of the Notes to Consolidated Financial Statements for additional information.
 
Six Months Ended June 30, 2015
($ in thousands)
Retail Banking
Commercial Banking
Other
Total
Interest income
$
170,175

$
316,122

$
32,409

$
518,706

Charge for funds used
(44,656
)
(75,678
)
(23,168
)
(143,502
)
Interest spread on funds used
125,519

240,444

9,241

375,204

Interest expense
(25,219
)
(8,973
)
(21,305
)
(55,497
)
Credit on funds provided
118,618

16,010

8,874

143,502

Interest spread on funds provided
93,399

7,037

(12,431
)
88,005

Net interest income (loss)
$
218,918

$
247,481

$
(3,190
)
$
463,209

(Reversal of) provision for loan losses
$
(2,723
)
$
11,204

$
—

$
8,481

Depreciation, amortization and accretion (1)
$
4,917

$
(16,531
)
$
21,860

$
10,246

Goodwill
$
357,207

$
112,226

$
—

$
469,433

Segment pre-tax profit (loss)
$
108,284

$
190,444

$
(7,481
)
$
291,247

Segment assets
$
7,373,641

$
16,141,368

$
6,549,063

$
30,064,072

 
Six Months Ended June 30, 2014
($ in thousands)
Retail Banking
Commercial Banking
Other
Total
Interest income
$
198,517

$
350,956

$
31,142

$
580,615

Charge for funds used
(48,150
)
(66,098
)
(14,312
)
(128,560
)
Interest spread on funds used
150,367

284,858

16,830

452,055

Interest expense
(23,661
)
(6,701
)
(25,837
)
(56,199
)
Credit on funds provided
102,332

17,419

8,809

128,560

Interest spread on funds provided
78,671

10,718

(17,028
)
72,361

Net interest income (loss)
$
229,038

$
295,576

$
(198
)
$
524,416

Provision for loan losses
$
2,212

$
12,721

$
—

$
14,933

Depreciation, amortization and accretion (1) (2)
$
6,667

$
(4,614
)
$
21,968

$
24,021

Goodwill
$
354,163

$
104,304

$
—

$
458,467

Segment pre-tax profit (loss) (2)
$
93,355

$
154,769

$
(8,995
)
$
239,129

Segment assets (2)
$
7,822,020

$
14,177,634

$
5,557,346

$
27,557,000

(1)
Includes amortization and accretion related to the FDIC indemnification asset.
(2)
Prior periods were restated to reflect the retrospective application of adopting the new accounting guidance related to the Company’s investments in qualified affordable housing projects ASU 2014-01. See Note 10 of the Notes to Consolidated Financial Statements for additional information.