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Segment Information
 3 Months Ended
Mar. 31, 2017
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, 2017
 
Consumer and Commercial Banking
 
Corporate and Investment Banking
 
Treasury
 
Corporate Support and Other
 
Consolidated
 
(In Thousands)
Net interest income (expense)
$
508,884

 
$
35,345

 
$
14,268

 
$
(7,064
)
 
$
551,433

Allocated provision for loan losses
63,305

 
5,720

 
—

 
11,114

 
80,139

Noninterest income
190,376

 
49,360

 
1,888

 
3,063

 
244,687

Noninterest expense
473,326

 
38,760

 
6,308

 
30,918

 
549,312

Net income (loss) before income tax expense (benefit)
162,629

 
40,225

 
9,848

 
(46,033
)
 
166,669

Income tax expense (benefit)
56,920

 
14,079

 
3,446

 
(28,599
)
 
45,846

Net income (loss)
105,709

 
26,146

 
6,402

 
(17,434
)
 
120,823

Less: net income attributable to noncontrolling interests
23

 
—

 
416

 
4

 
443

Net income (loss) attributable to BBVA Compass Bancshares, Inc.
$
105,686

 
$
26,146

 
$
5,986

 
$
(17,438
)
 
$
120,380

Average assets
$
54,346,358

 
$
11,009,451

 
$
15,180,526

 
$
7,140,547

 
$
87,676,882

 
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)
$
499,812

 
$
47,516

 
$
(5,140
)
 
$
(25,306
)
 
$
516,882

Allocated provision for loan losses
61,011

 
53,427

 
—

 
(1,193
)
 
113,245

Noninterest income
196,032

 
43,526

 
11,387

 
2,260

 
253,205

Noninterest expense
481,897

 
78,497

 
5,238

 
26,512

 
592,144

Net income (loss) before income tax expense (benefit)
152,936

 
(40,882
)
 
1,009

 
(48,365
)
 
64,698

Income tax expense (benefit)
53,527

 
(14,309
)
 
353

 
(14,140
)
 
25,431

Net income (loss)
99,409

 
(26,573
)
 
656

 
(34,225
)
 
39,267

Less: net income attributable to noncontrolling interests
105

 
—

 
423

 
—

 
528

Net income (loss) attributable to BBVA Compass Bancshares, Inc.
$
99,304

 
$
(26,573
)
 
$
233

 
$
(34,225
)
 
$
38,739

Average assets
$
54,581,856

 
$
14,464,503

 
$
16,283,929

 
$
6,974,818

 
$
92,305,106

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 operating segment based on the utilization of services provided or other appropriate indicators. Capital is allocated to the operating segments 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 2016 segment information has been revised to conform to the 2017 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.