XML 42 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2016
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, 2016 and June 30, 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
FirstMerit
(In thousands)
Commercial
 
Retail
 
Wealth
 
Other
 
Consolidated
June 30, 2016
QTD
YTD
 
QTD
YTD
 
QTD
YTD
 
QTD
YTD
 
QTD
YTD
OPERATIONS:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income/(loss)
$
101,313

$
203,932

 
$
94,369

$
189,096

 
$
6,314

$
12,867

 
$
(15,918
)
$
(34,661
)
 
$
186,078

$
371,234

Provision/ (recapture) for loan losses
1,070

6,842

 
5,123

9,169

 
(20
)
(175
)
 
218

(1,636
)
 
6,391

14,200

Noninterest income
20,782

41,961

 
22,079

45,673

 
15,129

29,437

 
7,125

15,438

 
65,115

132,509

Noninterest expense
57,201

118,221

 
84,880

173,575

 
13,883

27,236

 
4,356

8,251

 
160,320

327,283

Net income/(loss)
41,486

78,539

 
17,189

33,816

 
4,927

9,908

 
(5,293
)
(9,818
)
 
58,309

112,445

AVERAGES:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets
$
9,600,103

$
9,596,152

 
$
6,370,350

$
6,301,303

 
$
314,752

$
310,159

 
$
9,638,361

$
9,639,033

 
$
25,923,566

$
25,846,647

Loans
9,721,866

9,715,827

 
6,173,352

6,097,054

 
306,028

301,586

 
41,656

46,706

 
16,242,902

16,161,173

Earning assets
10,081,198

10,077,716

 
6,178,619

6,103,154

 
306,028

301,586

 
6,555,458

6,523,236

 
23,121,303

23,005,692

Deposits
7,269,121

7,373,805

 
11,003,769

11,014,512

 
1,284,516

1,302,113

 
1,410,044

1,111,129

 
20,967,450

20,801,559

Economic capital
1,251,845

1,252,069

 
867,958

870,360

 
121,824

126,706

 
770,591

742,055

 
3,012,218

2,991,190

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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