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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income    
Interest and fees on loans and leases $ 443,096 $ 283,238
Interest on investment securities:    
Taxable 40,920 16,666
Tax-exempt 4,349 2,684
Interest on loans held-for-sale 1,561 825
Interest on other earning assets 5,466 3,481
Total interest income 495,392 306,894
Interest expense    
Interest on deposits 67,419 37,608
Interest on borrowings 26,492 14,857
Total interest expense 93,911 52,465
Net interest income 401,481 254,429
Provision for credit losses 96,943 10,122
Net interest income after provision for credit losses 304,538 244,307
Noninterest income    
Noninterest income 136,963 51,561
Net gains on sales of loans and leases 20,590 8,217
Net gains (losses) on investment securities 0 451
Other 13,583 6,624
Total noninterest income 136,963 103,504
Noninterest expense    
Compensation and employee benefits 171,528 123,942
Occupancy and equipment 57,288 41,710
Lease financing equipment depreciation 18,450 19,256
Net foreclosed real estate and repossessed assets 1,859 4,630
Merger-related expenses 36,728 9,458
Other 88,746 54,079
Total noninterest expense 374,599 253,075
Income before income tax expense 66,902 94,736
Income tax expense 13,086 21,287
Income after income tax expense 53,816 73,449
Income attributable to non-controlling interest 1,917 2,955
Net income attributable to TCF Financial Corporation 51,899 70,494
Preferred stock dividends 2,493 2,493
Net income available to common shareholders $ 49,406 $ 68,001
Earnings per common share:    
Basic earnings per common share (in usd per share) $ 0.33 $ 0.83
Diluted earnings per common share (in usd per share) $ 0.32 $ 0.83
Weighted-average common shares outstanding    
Basic (in shares) 151,902,357 82,245,577
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets $ (17,200)  
Diluted (in shares) 152,114,017 82,245,577
Leasing revenue    
Noninterest income    
Noninterest income $ 33,565 $ 38,165
Fees and service charges on deposit accounts    
Noninterest income    
Noninterest income 34,597 26,278
Card and ATM revenue    
Noninterest income    
Noninterest income 21,685 18,659
Servicing fee revenue    
Noninterest income    
Noninterest income 6,792 5,110
Wealth management revenue    
Noninterest income    
Noninterest income $ 6,151 $ 0