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Segment Results (Tables)
12 Months Ended
Dec. 31, 2013
Segment Results  
Schedule of segment results

 

 

 
  For the year ended December 31, 2013  
(in thousands)
  Commercial and
Private Banking
  Wealth
Management
  Other   Consolidated
Company
 

Earnings Summary:

                         

Net interest income

  $ 757,472   $ 995   $ 65,248   $ 823,715  

Provision for losses on covered loans

    635             635  

Noninterest income

    161,330     232,948     (39,109 )   355,169  

Depreciation and amortization

    13,687     7,362     18,735     39,784  

Noninterest expense

    687,895     196,668     (73,233 )   811,330  
                   

Income before income taxes

    216,585     29,913     80,637     327,135  

Provision for income taxes

    63,128     7,988     23,503     94,619  
                   

Net income

    153,457     21,925     57,134     232,516  

Less: Net income attributable to noncontrolling interest

        2,507         2,507  
                   

Net income attributable to City National Corporation

  $ 153,457   $ 19,418   $ 57,134   $ 230,009  
                   
                   

Selected Average Balances:

                         

Loans and leases, excluding covered loans

  $ 15,721,881   $   $ 53,999   $ 15,775,880  

Covered loans

    865,640             865,640  

Total assets

    16,810,571     649,775     10,830,627     28,290,973  

Deposits

    23,423,943     97,866     432,354     23,954,163  

Goodwill

    393,176     249,446         642,622  

Customer-relationship intangibles, net

    4,812     39,625         44,437  

 

 
  For the year ended December 31, 2012  
(in thousands)
  Commercial and
Private Banking
  Wealth
Management
  Other   Consolidated
Company
 

Earnings Summary:

                         

Net interest income

  $ 724,377   $ 3,668   $ 102,791   $ 830,836  

Provision for credit losses on loans and leases, excluding covered loans

    10,000             10,000  

Provision for losses on covered loans

    45,346             45,346  

Noninterest income

    214,195     187,838     (44,430 )   357,603  

Depreciation and amortization

    14,207     7,289     18,257     39,753  

Noninterest expense

    684,932     168,309     (67,856 )   785,385  
                   

Income before income taxes

    184,087     15,908     107,960     307,955  

Provision for income taxes

    59,281     4,774     34,767     98,822  
                   

Net income

    124,806     11,134     73,193     209,133  

Less: Net income attributable to noncontrolling interest

        1,084         1,084  
                   

Net income attributable to City National Corporation

  $ 124,806   $ 10,050   $ 73,193   $ 208,049  
                   
                   

Selected Average Balances:

                         

Loans and leases, excluding covered loans

  $ 13,223,860   $   $ 61,360   $ 13,285,220  

Covered loans

    1,268,513             1,268,513  

Total assets

    14,836,148     589,959     9,810,065     25,236,172  

Deposits

    21,063,846     102,144     462,878     21,628,868  

Goodwill

    370,487     203,362         573,849  

Customer-relationship intangibles, net

    7,790     35,598         43,388  

 
  For the year ended December 31, 2011  
(in thousands)
  Commercial and
Private Banking
  Wealth
Management
  Other   Consolidated
Company
 

Earnings Summary:

                         

Net interest income

  $ 740,426   $ 2,111   $ 30,453   $ 772,990  

Provision for credit losses on loans and leases, excluding covered loans

    12,500             12,500  

Provision for losses on covered loans

    43,646             43,646  

Noninterest income

    222,279     162,238     (42,650 )   341,867  

Depreciation and amortization

    14,656     5,205     15,462     35,323  

Noninterest expense

    682,288     147,157     (59,673 )   769,772  
                   

Income before income taxes

    209,615     11,987     32,014     253,616  

Provision for income taxes

    65,037     3,112     9,412     77,561  
                   

Net income

    144,578     8,875     22,602     176,055  

Less: Net income attributable to noncontrolling interest

        1,956     1,678     3,634  
                   

Net income attributable to City National Corporation

  $ 144,578   $ 6,919   $ 20,924   $ 172,421  
                   
                   

Selected Average Balances:

                         

Loans and leases, excluding covered loans

  $ 11,641,976   $   $ 56,412   $ 11,698,388  

Covered loans

    1,699,182             1,699,182  

Total assets

    13,820,611     549,917     8,157,222     22,527,750  

Deposits

    18,862,701     64,919     378,083     19,305,703  

Goodwill

    324,872     161,630         486,502  

Customer-relationship intangibles, net

    11,713     27,715         39,428