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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest income        
Loans and leases $ 186,071 $ 169,992 $ 354,173 $ 332,931
Securities 43,549 39,639 88,935 77,058
Due from banks - interest-bearing 173 407 266 705
Federal funds sold and securities purchased under resale agreements 96 98 107 252
Total interest income 229,889 210,136 443,481 410,946
Interest expense        
Deposits 3,566 10,016 7,599 20,206
Federal funds purchased and securities sold under repurchase agreements 1 2 32 2
Subordinated debt 4,308 4,635 8,369 9,283
Other long-term debt 5,535 4,656 10,289 9,338
Total interest expense 13,410 19,309 26,289 38,829
Net interest income 216,479 190,827 417,192 372,117
Provision for credit losses on loans and leases, excluding covered loans 1,000   1,000  
Provision for losses on covered loans 13,293 1,716 20,759 20,832
Net interest income after provision 202,186 189,111 395,433 351,285
Noninterest income        
Trust and investment fees 34,067 36,687 67,721 72,325
Brokerage and mutual fund fees 5,293 4,864 10,321 10,525
Cash management and deposit transaction charges 11,475 10,905 22,643 22,630
International services 10,017 9,015 18,802 17,331
FDIC loss sharing expense, net (6,026) (10,684) (5,160) (2,079)
Gain on disposal of assets 3,011 8,422 5,202 10,846
(Loss) gain on sale of securities (279) 1,689 170 1,819
Gain on acquisition   8,164   8,164
Other 17,388 23,169 30,947 44,727
Impairment loss on securities:        
Total other-than-temporary impairment loss on securities (4,129) (4,132) (4,129) (4,296)
Less: Portion of loss recognized in other comprehensive income 3,951 3,838 3,951 3,838
Net impairment loss recognized in earnings (178) (294) (178) (458)
Total noninterest income 74,768 91,937 150,468 185,830
Noninterest expense        
Salaries and employee benefits 115,035 112,139 235,280 223,151
Net occupancy of premises 14,056 13,665 27,742 27,011
Legal and professional fees 11,359 14,790 23,239 24,867
Information services 8,539 8,335 16,688 15,832
Depreciation and amortization 8,013 6,904 15,441 13,652
Amortization of intangibles 1,518 2,104 3,404 4,272
Marketing and advertising 7,597 7,626 14,413 14,144
Office services and equipment 4,492 4,672 8,440 9,278
Other real estate owned 7,541 22,162 19,635 36,651
FDIC assessments 4,523 8,524 9,002 18,330
Other operating 11,843 10,911 21,952 22,041
Total noninterest expense 194,516 211,832 395,236 409,229
Income before income taxes 82,438 69,216 150,665 127,886
Income taxes 27,271 20,650 48,990 38,536
Net income 55,167 48,566 101,675 89,350
Less: Net income attributable to noncontrolling interest 409 1,095 652 2,187
Net income attributable to City National Corporation $ 54,758 $ 47,471 $ 101,023 $ 87,163
Net income per share, basic (in dollars per share) $ 1.02 $ 0.89 $ 1.88 $ 1.64
Net income per share, diluted (in dollars per share) $ 1.01 $ 0.88 $ 1.87 $ 1.62
Shares used to compute net income per share, basic 53,105 52,462 52,923 52,392
Shares used to compute net income per share, diluted 53,373 52,977 53,217 52,931
Dividends per share (in dollars per share) $ 0.25 $ 0.20 $ 0.50 $ 0.40