Segment Information

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company’s operating segments are based on the Company’s organizational structure. Each segment reflects the manner in which financial information is evaluated by management. The operating segment results include certain overhead allocations and intercompany transactions. All intercompany transactions have been eliminated to determine the consolidated balances. The Company operates primarily in the United States, and, accordingly, revenue and assets outside the United States are not material. There are no individual customers whose revenues exceeded 10% of consolidated revenue.

The following tables present the segment information for the Company’s segments.

	Three Months Ended March 31, 2016
	Consumer and Commercial Banking		Corporate and Investment Banking			Treasury			Corporate Support and Other			Consolidated
	(In Thousands)
Net interest income (expense)	$	541,391	$	40,908		$	(2,372	)	$	(63,046	)	$	516,881
Allocated provision for loan losses	58,187		53,427			—			1,631			113,245
Noninterest income	178,913		41,522			11,387			(5,243		)	226,579
Noninterest expense	460,848		78,677			5,237			28,357			573,119
Net income (loss) before income tax expense (benefit)	201,269		(49,674		)	3,778			(98,277		)	57,096
Income tax expense (benefit)	70,444		(17,386		)	1,322			(31,762		)	22,618
Net income (loss)	130,825		(32,288		)	2,456			(66,515		)	34,478
Less: net income attributable to noncontrolling interests	105		—			423			—			528
Net income (loss) attributable to BBVA Compass Bancshares, Inc.	$	130,720	$	(32,288	)	$	2,033		$	(66,515	)	$	33,950
Average assets	$	55,963,143	$	12,707,022		$	16,283,929		$	7,294,978		$	92,249,072

	Three Months Ended March 31, 2015
	Consumer and Commercial Banking		Corporate and Investment Banking		Treasury		Corporate Support and Other			Consolidated
	(In Thousands)
Net interest income	$	484,160	$	39,886	$	18,382	$	(33,399	)	$	509,029
Allocated provision for loan losses	30,524		10,973		—		534			42,031
Noninterest income	171,908		49,486		33,856		(5,980		)	249,270
Noninterest expense	426,070		39,436		5,097		52,116			522,719
Net income (loss) before income tax expense (benefit)	199,474		38,963		47,141		(92,029		)	193,549
Income tax expense (benefit)	69,816		13,637		16,500		(48,171		)	51,782
Net income (loss)	129,658		25,326		30,641		(43,858		)	141,767
Less: net income attributable to noncontrolling interests	228		—		429		—			657
Net income (loss) attributable to BBVA Compass Bancshares, Inc.	$	129,430	$	25,326	$	30,212	$	(43,858	)	$	141,110
Average assets	$	52,627,209	$	11,834,345	$	13,572,927	$	7,052,674		$	85,087,155

The financial information presented was derived from the internal profitability reporting system used by management to monitor and manage the financial performance of the Company. This information is based on internal management accounting policies that have been developed to reflect the underlying economics of the businesses. These policies address the methodologies applied and include policies related to funds transfer pricing, cost allocations and capital allocations.

Funds transfer pricing was used in the determination of net interest income earned primarily on loans and deposits. The method employed for funds transfer pricing is a matched funding concept whereby operating segments which are fund providers are credited and those that are fund users are charged based on maturity, prepayment and/or repricing characteristics applied on an instrument level. Costs for centrally managed operations are generally allocated to the lines of business based on the utilization of services provided or other appropriate indicators. Capital is allocated to the lines of business based upon the underlying risks in each business taking into account economic and regulatory capital standards.

The development and application of these methodologies is a dynamic process. Accordingly, prior period financials have been revised to reflect management accounting enhancements and changes in the Company's organizational structure. The 2015 segment information has been revised to conform to the 2016 presentation. In addition, unlike financial accounting, there is no authoritative literature for management accounting similar to U.S. GAAP. Consequently, reported results are not necessarily comparable to those presented by other financial institutions.