XML 65 R79.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Results (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
segment
Sep. 30, 2012
Segment Results        
Number of reportable segments     3  
Earnings Summary:        
Net interest income $ 214,271 $ 209,922 $ 618,263 $ 627,114
Provision for credit losses on loans and leases, excluding covered loans   2,000   3,000
Provision for losses on covered loans 2,496 18,089 461 38,848
Noninterest income 88,883 107,257 264,620 257,725
Depreciation and amortization 9,759 10,256 30,043 29,101
Noninterest expense 199,605 197,630 602,090 574,021
Income before income taxes 91,294 89,204 250,289 239,869
Provision for income taxes 27,052 29,052 73,735 78,042
Net income 64,242 60,152 176,554 161,827
Less: Net income attributable to noncontrolling interest 609 372 1,657 1,024
Net income attributable to City National Corporation 63,633 59,780 174,897 [1] 160,803 [1]
Selected Average Balances:        
Loans and leases, excluding covered loans 16,039,753 13,587,508 15,432,239 13,050,523
Covered loans 818,928 1,207,031 905,411 1,328,484
Total assets 28,061,134 25,654,594 27,747,914 24,558,030
Deposits 24,301,647 21,940,820 23,284,065 21,038,791
Goodwill 642,622 632,473 642,622 551,065
Customer-relationship intangibles, net 43,469 54,751 45,371 41,413
Commercial and Private Banking
       
Earnings Summary:        
Net interest income 194,678 184,552 563,662 541,125
Provision for credit losses on loans and leases, excluding covered loans   2,000   3,000
Provision for losses on covered loans 2,496 18,089 461 38,848
Noninterest income 38,601 59,911 119,418 156,884
Depreciation and amortization 3,263 3,569 10,505 10,565
Noninterest expense 170,019 169,652 512,234 506,437
Income before income taxes 57,501 51,153 159,880 139,159
Provision for income taxes 17,153 16,730 47,414 45,469
Net income 40,348 34,423 112,466 93,690
Net income attributable to City National Corporation 40,348 34,423 112,466 93,690
Selected Average Balances:        
Loans and leases, excluding covered loans 15,989,181 13,526,284 15,378,936 12,994,726
Covered loans 818,928 1,207,031 905,411 1,328,484
Total assets 17,014,239 15,098,090 16,505,794 14,656,439
Deposits 23,817,083 21,298,105 22,696,050 20,469,604
Goodwill 393,176 393,176 393,176 362,868
Customer-relationship intangibles, net 4,445 7,392 5,174 8,173
Wealth Management
       
Earnings Summary:        
Net interest income 243 1,133 805 2,396
Noninterest income 57,536 54,405 171,461 133,743
Depreciation and amortization 1,878 1,996 5,654 4,980
Noninterest expense 48,184 45,387 143,920 117,650
Income before income taxes 7,717 8,155 22,692 13,509
Provision for income taxes 2,120 2,545 6,238 4,080
Net income 5,597 5,610 16,454 9,429
Less: Net income attributable to noncontrolling interest 609 372 1,657 1,024
Net income attributable to City National Corporation 4,988 5,238 14,797 8,405
Selected Average Balances:        
Total assets 644,677 638,445 647,273 569,047
Deposits 76,052 104,195 100,922 100,038
Goodwill 249,446 239,297 249,446 188,197
Customer-relationship intangibles, net 39,024 47,359 40,197 33,240
Other
       
Earnings Summary:        
Net interest income 19,350 24,237 53,796 83,593
Noninterest income (7,254) (7,059) (26,259) (32,902)
Depreciation and amortization 4,618 4,691 13,884 13,556
Noninterest expense (18,598) (17,409) (54,064) (50,066)
Income before income taxes 26,076 29,896 67,717 87,201
Provision for income taxes 7,779 9,777 20,083 28,493
Net income 18,297 20,119 47,634 58,708
Net income attributable to City National Corporation 18,297 20,119 47,634 58,708
Selected Average Balances:        
Loans and leases, excluding covered loans 50,572 61,224 53,303 55,797
Total assets 10,402,218 9,918,059 10,594,847 9,332,544
Deposits $ 408,512 $ 538,520 $ 487,093 $ 469,149
[1] Net income excludes net income attributable to redeemable noncontrolling interest of $1,657 and $1,024 for the nine month periods ended September 30, 2013 and 2012, respectively. Redeemable noncontrolling interest is reflected in the mezzanine section of the consolidated balance sheets. See Note 18 of the Notes to the Unaudited Consolidated Financial Statements.