XML 44 R40.htm IDEA: XBRL DOCUMENT

Segment Results (Tables)

9 Months Ended

Sep. 30, 2012

	For the three months ended September 30, 2012
	Commercial and		Wealth					Consolidated
(in thousands)	Private Banking		Management		Other			Company
Earnings Summary:
Net interest income	$	184,597	$	1,133	$	24,192		$	209,922
Provision for credit losses on loans and leases, excluding covered loans	2,000		—		—			2,000
Provision for losses on covered loans	18,089		—		—			18,089
Noninterest income	60,203		54,405		(7,351		)	107,257
Depreciation and amortization	3,569		1,996		4,691			10,256
Noninterest expense	170,040		45,233		(17,643		)	197,630
Income before income taxes	51,102		8,309		29,793			89,204
Provision for income taxes	21,463		3,334		4,255			29,052
Net income	29,639		4,975		25,538			60,152
Less: Net income attributable to noncontrolling interest	—		372		—			372
Net income attributable to City National Corporation	$	29,639	$	4,603	$	25,538		$	59,780

Selected Average Balances:
Loans and leases, excluding covered loans	$	13,526,284	$	—	$	61,224		$	13,587,508
Covered loans	1,207,031		—		—			1,207,031
Total assets	15,098,090		638,445		9,918,059			25,654,594
Deposits	21,298,105		104,195		538,520			21,940,820
Goodwill	393,176		239,297		—			632,473
Customer-relationship intangibles, net	7,392		47,359		—			54,751

	For the three months ended September 30, 2011
	Commercial and		Wealth					Consolidated
(in thousands)	Private Banking		Management		Other			Company
Earnings Summary:
Net interest income	$	189,999	$	479	$	8,838		$	199,316
Provision for credit losses on loans and leases, excluding covered loans	7,500		—		—			7,500
Provision for losses on covered loans	5,147		—		—			5,147
Noninterest income	39,139		41,070		(10,574		)	69,635
Depreciation and amortization	3,689		1,525		3,821			9,035
Noninterest expense	169,073		34,613		(15,084		)	188,602
Income before income taxes	43,729		5,411		9,527			58,667
Provision (benefit) for income taxes	18,367		1,852		(3,952		)	16,267
Net income	25,362		3,559		13,479			42,400
Less: Net income attributable to noncontrolling interest	—		1,002		—			1,002
Net income attributable to City National Corporation	$	25,362	$	2,557	$	13,479		$	41,398

Selected Average Balances:
Loans and leases, excluding covered loans	$	11,747,735	$	—	$	48,909		$	11,796,644
Covered loans	1,664,349		—		—			1,664,349
Total assets	13,882,867		556,584		8,559,111			22,998,562
Deposits	19,274,187		58,884		391,527			19,724,598
Goodwill	324,761		161,622		—			486,383
Customer-relationship intangibles, net	11,597		27,320		—			38,917

	For the nine months ended September 30, 2012
	Commercial and		Wealth					Consolidated
(in thousands)	Private Banking		Management		Other			Company
Earnings Summary:
Net interest income	$	541,163	$	2,399	$	83,552		$	627,114
Provision for credit losses on loans and leases, excluding covered loans	3,000		—		—			3,000
Provision for losses on covered loans	38,848		—		—			38,848
Noninterest income	157,758		133,743		(33,776		)	257,725
Depreciation and amortization	10,565		4,980		13,556			29,101
Noninterest expense	507,450		117,336		(50,765		)	574,021
Income before income taxes	139,058		13,826		86,985			239,869
Provision for income taxes	58,405		5,377		14,260			78,042
Net income	80,653		8,449		72,725			161,827
Less: Net income attributable to noncontrolling interest	—		1,024		—			1,024
Net income attributable to City National Corporation	$	80,653	$	7,425	$	72,725		$	160,803

Selected Average Balances:
Loans and leases, excluding covered loans	$	12,994,726	$	—	$	55,797		$	13,050,523
Covered loans	1,328,484		—		—			1,328,484
Total assets	14,656,195		569,043		9,332,792			24,558,030
Deposits	20,469,604		100,038		469,149			21,038,791
Goodwill	362,868		188,197		—			551,065
Customer-relationship intangibles, net	8,173		33,240		—			41,413

	For the nine months ended September 30, 2011
	Commercial and		Wealth					Consolidated
(in thousands)	Private Banking		Management		Other			Company
Earnings Summary:
Net interest income	$	543,719	$	1,578	$	26,136		$	571,433
Provision for credit losses on loans and leases, excluding covered loans	7,500		—		—			7,500
Provision for losses on covered loans	25,979		—		—			25,979
Noninterest income	162,470		124,011		(31,016		)	255,465
Depreciation and amortization	10,976		4,471		11,512			26,959
Noninterest expense	513,215		111,334		(44,642		)	579,907
Income before income taxes	148,519		9,784		28,250			186,553
Provision (benefit) for income taxes	62,378		2,770		(10,345		)	54,803
Net income	86,141		7,014		38,595			131,750
Less: Net income attributable to noncontrolling interest	—		3,189		—			3,189
Net income attributable to City National Corporation	$	86,141	$	3,825	$	38,595		$	128,561

Selected Average Balances:
Loans and leases, excluding covered loans	$	11,468,231	$	—	$	56,590		$	11,524,821
Covered loans	1,748,033		—		—			1,748,033
Total assets	13,718,262		554,570		7,861,843			22,134,675
Deposits	18,463,503		55,659		384,021			18,903,183
Goodwill	324,910		161,633		—			486,543
Customer-relationship intangibles, net	12,200		28,106		—			40,306

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details