Segment Results (Tables)

6 Months Ended

Jun. 30, 2015

Segment Results

Schedule of segment results

	For the three months ended June 30, 2015
	Commercial and		Wealth					Consolidated
(in thousands)	Private Banking		Management		Other			Company
Earnings Summary:
Net interest income	$	227,792	$	647	$	8,071		$	236,510
Provision for credit losses on loans and leases, excluding covered loans	10,000		—		—			10,000
Provision for losses on covered loans	1,091		—		—			1,091
Noninterest income	55,546		70,329		(12,971		)	112,904
Depreciation and amortization	2,492		1,921		6,321			10,734
Noninterest expense	185,756		56,248		(21,078		)	220,926
Income before income taxes	83,999		12,807		9,857			106,663
Provision for income taxes	29,811		4,375		3,498			37,684
Net income	54,188		8,432		6,359			68,979
Less: Net income attributable to noncontrolling interest	—		480		—			480
Net income attributable to City National Corporation	$	54,188	$	7,952	$	6,359		$	68,499
Selected Average Balances:
Loans and leases, excluding covered loans	$	21,221,481	$	255	$	59,732		$	21,281,468
Covered loans	455,406		—		—			455,406
Total assets	21,747,378		741,824		10,391,313			32,880,515
Deposits	28,434,220		98,144		90,959			28,623,323
Goodwill	393,177		242,995		—			636,172
Customer-relationship intangibles, net	1,419		31,464		—			32,883

	For the three months ended June 30, 2014
	Commercial and			Wealth					Consolidated
(in thousands)	Private Banking			Management		Other			Company
Earnings Summary:
Net interest income	$	208,340		$	474	$	10,288		$	219,102
Reversal of provision for credit losses on loans and leases, excluding covered loans	(1,000		)	—		—			(1,000		)
Reversal of provision for losses on covered loans	(1,461		)	—		—			(1,461		)
Noninterest income	38,511			68,729		(6,141		)	101,099
Depreciation and amortization	2,774			1,766		4,799			9,339
Noninterest expense	174,324			56,836		(18,917		)	212,243
Income before income taxes	72,214			10,601		18,265			101,080
Provision for income taxes	25,210			3,523		6,376			35,109
Net income	47,004			7,078		11,889			65,971
Less: Net income attributable to noncontrolling interest	—			510		—			510
Net income attributable to City National Corporation	$	47,004		$	6,568	$	11,889		$	65,461
Selected Average Balances:
Loans and leases, excluding covered loans	$	17,901,508		$	—	$	57,683		$	17,959,191
Covered loans	643,690			—		—			643,690
Total assets	18,705,693			693,473		10,566,732			29,965,898
Deposits	25,584,025			73,784		254,272			25,912,081
Goodwill	393,177			249,445		—			642,622
Customer-relationship intangibles, net	2,692			35,778		—			38,470

	For the six months ended June 30, 2015
	Commercial and		Wealth					Consolidated
(in thousands)	Private Banking		Management		Other			Company
Earnings Summary:
Net interest income	$	436,013	$	1,457	$	15,620		$	453,090
Provision for credit losses on loans and leases, excluding covered loans	10,000		—		—			10,000
Provision for losses on covered loans	1,588		—		—			1,588
Noninterest income	107,043		145,418		(28,482		)	223,979
Depreciation and amortization	5,206		3,783		18,104			27,093
Noninterest expense	375,486		111,003		(47,480		)	439,009
Income before income taxes	150,776		32,089		16,514			199,379
Provision for income taxes	51,905		10,691		5,685			68,281
Net income	98,871		21,398		10,829			131,098
Less: Net income attributable to noncontrolling interest	—		1,033		—			1,033
Net income attributable to City National Corporation	$	98,871	$	20,365	$	10,829		$	130,065
Selected Average Balances:
Loans and leases, excluding covered loans	$	20,787,046	$	287	$	58,183		$	20,845,516
Covered loans	473,819		—		—			473,819
Total assets	21,355,970		743,487		10,472,326			32,571,783
Deposits	27,994,486		93,025		130,593			28,218,104
Goodwill	393,177		242,844		—			636,021
Customer-relationship intangibles, net	1,534		31,996		—			33,530

	For the six months ended June 30, 2014
	Commercial and			Wealth					Consolidated
(in thousands)	Private Banking			Management		Other			Company
Earnings Summary:
Net interest income	$	398,078		$	802	$	20,020		$	418,900
Reversal of provision for credit losses on loans and leases, excluding covered loans	(1,000		)	—		—			(1,000		)
Provision for losses on covered loans	3,194			—		—			3,194
Noninterest income	84,592			132,129		(14,374		)	202,347
Depreciation and amortization	5,595			3,513		9,546			18,654
Noninterest expense	341,180			109,039		(36,439		)	413,780
Income before income taxes	133,701			20,379		32,539			186,619
Provision for income taxes	47,679			6,836		11,604			66,119
Net income	86,022			13,543		20,935			120,500
Less: Net income attributable to noncontrolling interest	—			1,209		—			1,209
Net income attributable to City National Corporation	$	86,022		$	12,334	$	20,935		$	119,291
Selected Average Balances:
Loans and leases, excluding covered loans	$	17,594,167		$	—	$	56,353		$	17,650,520
Covered loans	669,781			—		—			669,781
Total assets	18,473,951			675,663		10,541,858			29,691,472
Deposits	25,319,356			80,738		243,238			25,643,332
Goodwill	393,177			249,445		—			642,622
Customer-relationship intangibles, net	2,912			36,346		—			39,258