XML 84 R41.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Results (Tables)
3 Months Ended
Mar. 31, 2012
Segment Results  
Schedule of segment results

 

 

 

 

For the three months ended March 31, 2012

 

 

 

Commercial and

 

Wealth

 

 

 

Consolidated

 

(in thousands)

 

Private Banking

 

Management

 

Other

 

Company

 

 

 

 

 

 

 

 

 

 

 

Earnings Summary:

 

 

 

 

 

 

 

 

 

Net interest income

 

$

171,725

 

$

764

 

$

28,224

 

$

200,713

 

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

 

 

 

 

 

Provision for losses on covered loans

 

7,466

 

 

 

7,466

 

Noninterest income

 

47,245

 

39,371

 

(10,916

)

75,700

 

Depreciation and amortization

 

3,582

 

1,446

 

4,286

 

9,314

 

Noninterest expense

 

171,593

 

35,984

 

(16,171

)

191,406

 

Income before income taxes

 

36,329

 

2,705

 

29,193

 

68,227

 

Provision (benefit) for income taxes

 

15,258

 

1,034

 

5,427

 

21,719

 

Net income

 

21,071

 

1,671

 

23,766

 

46,508

 

Less: Net income attributable to noncontrolling interest

 

 

243

 

 

243

 

Net income attributable to City National Corporation

 

$

21,071

 

$

1,428

 

$

23,766

 

$

46,265

 

 

 

 

 

 

 

 

 

 

 

Selected Average Balances:

 

 

 

 

 

 

 

 

 

Loans and leases, excluding covered loans

 

$

12,379,023

 

$

 

$

53,269

 

$

12,432,292

 

Covered loans

 

1,438,714

 

 

 

1,438,714

 

Total assets

 

14,137,481

 

537,732

 

8,969,686

 

23,644,899

 

Deposits

 

19,721,998

 

99,035

 

396,362

 

20,217,395

 

Goodwill

 

324,761

 

161,921

 

 

486,682

 

Customer-relationship intangibles, net

 

9,007

 

26,493

 

 

35,500

 

 

 

 

For the three months ended March 31, 2011

 

 

 

Commercial and

 

Wealth

 

 

 

Consolidated

 

(in thousands)

 

Private Banking

 

Management

 

Other

 

Company

 

 

 

 

 

 

 

 

 

 

 

Earnings Summary:

 

 

 

 

 

 

 

 

 

Net interest income

 

$

172,687

 

$

567

 

$

8,036

 

$

181,290

 

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

 

 

 

 

 

Provision for losses on covered loans

 

19,116

 

 

 

19,116

 

Noninterest income

 

63,210

 

41,877

 

(11,194

)

93,893

 

Depreciation and amortization

 

3,633

 

1,449

 

3,834

 

8,916

 

Noninterest expense

 

165,508

 

38,182

 

(15,209

)

188,481

 

Income (loss) before income taxes

 

47,640

 

2,813

 

8,217

 

58,670

 

Provision (benefit) for income taxes

 

20,009

 

947

 

(3,070

)

17,886

 

Net income

 

27,631

 

1,866

 

11,287

 

40,784

 

Less: Net income attributable to noncontrolling interest

 

 

558

 

534

 

1,092

 

Net income attributable to City National Corporation

 

$

27,631

 

$

1,308

 

$

10,753

 

$

39,692

 

 

 

 

 

 

 

 

 

 

 

Selected Average Balances:

 

 

 

 

 

 

 

 

 

Loans and leases, excluding covered loans

 

$

11,197,583

 

$

 

$

58,304

 

$

11,255,887

 

Covered loans

 

1,810,986

 

 

 

1,810,986

 

Total assets

 

13,534,385

 

551,729

 

7,291,790

 

21,377,904

 

Deposits

 

17,750,931

 

46,566

 

386,071

 

18,183,568

 

Goodwill

 

325,211

 

161,642

 

 

486,853

 

Customer-relationship intangibles, net

 

12,411

 

28,941

 

 

41,352