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Segment Information (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Lines of business results and key performance measures
The following tables present a summary of financial results as of and for the three and six months ended June 30, 2015 and June 30, 2014:
 
 
 
 
 
 
 
 
 
 
 
 
 
FirstMerit
(In thousands)
Commercial
 
Retail
 
Wealth
 
Other
 
Consolidated
June 30, 2015
QTD
YTD
 
QTD
YTD
 
QTD
YTD
 
QTD
YTD
 
QTD
YTD
OPERATIONS:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income/(loss)
$
101,342

$
202,830

 
$
92,501

$
184,527

 
$
5,452

$
10,932

 
$
(14,177
)
$
(27,548
)
 
$
185,118

$
370,741

Provision/ (recapture) for loan losses
2,285

1,759

 
8,447

15,981

 
(1
)
(171
)
 
(1,765
)
(355
)
 
8,966

17,214

Noninterest income
21,918

44,408

 
23,964

45,701

 
14,816

28,792

 
5,884

13,528

 
66,582

132,429

Noninterest expense
61,032

122,685

 
87,799

176,070

 
13,461

27,181

 
(618
)
(3,610
)
 
161,674

322,326

Net income/(loss)
38,963

79,816

 
13,142

24,815

 
4,425

8,264

 
54

828

 
56,584

113,723

AVERAGES:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets
$
9,437,824

$
9,445,975

 
$
5,951,665

$
5,898,835

 
$
290,798

$
296,461

 
$
9,449,572

$
9,374,463

 
$
25,129,859

$
25,015,734

Loans
9,533,843

9,520,262

 
5,702,015

5,636,666

 
281,013

286,484

 
60,490

59,274

 
15,577,361

15,502,686

Earning assets
9,828,867

9,811,770

 
5,707,400

5,645,469

 
281,013

286,484

 
6,535,441

6,483,544

 
22,352,721

22,227,267

Deposits
6,777,434

6,831,887

 
11,105,954

11,115,005

 
1,188,563

1,214,617

 
610,711

573,990

 
19,682,662

19,735,499

Economic capital
1,355,049

1,349,289

 
767,803

763,446

 
111,770

109,969

 
657,810

656,765

 
2,892,432

2,879,469

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FirstMerit
(In thousands)
Commercial
 
Retail
 
Wealth
 
Other
 
Consolidated
June 30, 2014
QTD
YTD
 
QTD
YTD
 
QTD
YTD
 
QTD
YTD
 
QTD
YTD
OPERATIONS:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income/(loss)
$
106,217

$
210,422

 
$
96,108

$
190,454

 
$
4,927

$
9,717

 
$
(11,675
)
$
(21,114
)
 
$
195,577

$
389,479

Provision/ (recapture) for loan losses
(1,346
)
4,360

 
12,443

20,782

 
396

351

 
3,760

4,297

 
15,253

29,790

Noninterest income
26,681

47,987

 
25,345

52,380

 
14,052

27,516

 
6,482

11,948

 
72,560

139,831

Noninterest expense
63,441

127,407

 
89,383

186,091

 
13,177

26,695

 
1,399

(3,460
)
 
167,400

336,733

Net income/(loss)
46,875

83,885

 
12,758

23,375

 
3,515

6,622

 
(3,629
)
(907
)
 
59,519

112,974

AVERAGES:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets
$
9,192,463

$
9,132,758

 
$
5,546,492

$
5,504,382

 
$
258,845

$
250,279

 
$
9,293,476

$
9,329,040

 
$
24,291,276

$
24,216,459

Loans
9,176,853

9,119,431

 
5,198,481

5,142,098

 
248,188

239,358

 
78,797

57,313

 
14,702,319

14,558,200

Earning assets
9,465,291

9,387,095

 
5,218,868

5,160,893

 
248,188

239,358

 
6,435,149

6,349,614

 
21,367,496

21,136,960

Deposits
6,545,608

6,595,348

 
11,720,730

11,736,766

 
1,050,002

1,030,018

 
180,455

204,132

 
19,496,795

19,566,264

Economic capital
1,301,532

1,300,177

 
744,110

724,203

 
100,361

98,684

 
622,349

627,822

 
2,768,352

2,750,886