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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest income        
Loans and leases $ 181,647 $ 186,049 $ 538,343 $ 530,398
Securities 43,863 40,078 128,910 125,563
Due from banks - interest-bearing 363 403 1,183 674
Federal funds sold and securities purchased under resale agreements 1,721 1,563 4,568 4,253
Total interest income 227,594 228,093 673,004 660,888
Interest expense        
Deposits 2,033 2,927 6,227 8,856
Federal funds purchased and securities sold under repurchase agreements   1   401
Subordinated debt 4,722 6,129 16,943 18,352
Other long-term debt 5,063 4,765 15,158 14,467
Other short-term borrowings       549
Total interest expense 11,818 13,822 38,328 42,625
Net interest income 215,776 214,271 634,676 618,263
(Reversal of) provision for credit losses on loans and leases, excluding covered loans (8,000)   (9,000)  
Provision for losses on covered loans 589 2,496 3,783 461
Net interest income after provision 223,187 211,775 639,893 617,802
Noninterest income        
Trust and investment fees 56,834 49,430 164,739 145,913
Brokerage and mutual fund fees 11,021 7,307 35,303 23,480
Cash management and deposit transaction charges 12,200 12,263 36,361 38,152
International services 12,233 10,932 34,111 31,462
FDIC loss sharing expense, net (9,606) (20,992) (40,850) (51,821)
Gain on disposal of assets 2,985 3,092 12,649 5,155
Gain on sale of securities 14 5,788 7,503 12,624
Other 22,311 21,207 60,771 59,981
Impairment loss on securities:        
Total other-than-temporary impairment loss on securities (318) (144) (566) (326)
Less: Portion of loss recognized in other comprehensive income 243   243  
Net impairment loss recognized in earnings (75) (144) (323) (326)
Total noninterest income 107,917 88,883 310,264 264,620
Noninterest expense        
Salaries and employee benefits 142,210 129,049 417,902 384,412
Net occupancy of premises 15,862 16,074 48,551 48,268
Legal and professional fees 14,350 10,731 45,693 36,197
Information services 10,260 9,876 29,069 28,450
Depreciation and amortization 8,276 7,827 23,989 24,248
Amortization of intangibles 1,426 1,932 4,367 5,795
Marketing and advertising 7,576 7,887 26,333 24,156
Office services and equipment 5,038 4,821 15,235 14,801
Other real estate owned 2,360 5,196 6,165 14,831
FDIC assessments 4,629 3,776 8,785 12,920
Other operating 15,215 12,195 41,628 38,055
Total noninterest expense 227,202 209,364 667,717 632,133
Income before income taxes 103,902 91,294 282,440 250,289
Income taxes 34,404 27,052 90,521 73,735
Net income 69,498 64,242 191,919 176,554
Less: Net income attributable to noncontrolling interest 847 609 2,056 1,657
Net income attributable to City National Corporation 68,651 63,633 189,863 174,897
Less: Dividends on preferred stock 4,093 2,407 12,281 7,219
Net income available to common shareholders $ 64,558 $ 61,226 $ 177,582 $ 167,678
Net income per common share, basic (in dollars per share) $ 1.16 $ 1.12 $ 3.20 $ 3.07
Net income per common share, diluted (in dollars per share) $ 1.15 $ 1.10 $ 3.16 $ 3.04
Weighted average common shares outstanding, basic (in shares) 55,031 54,274 54,893 54,039
Weighted average common shares outstanding, diluted (in shares) 55,765 54,820 55,616 54,464
Dividends per common share (in dollars per share) $ 0.33 $ 0.25 $ 0.99 $ 0.50