Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Reporting

Our segment information for the three and nine months ended September 30, 2013 and 2012 is as follows:

(Dollars in thousands)	Global Commercial Bank (1)			SVB Private   Bank			SVB Capital (1)			Other Items			Total
Three months ended September 30, 2013
Net interest income	$	162,781		$	6,195		$	1		$	8,119		$	177,096
Provision for loan losses	(11,633		)	995			—			—			(10,638		)
Noninterest income	50,814			380			35,457			170,999			257,650
Noninterest expense (2)	(109,088		)	(3,960		)	(2,728		)	(44,748		)	(160,524		)
Income before income tax expense (3)	$	92,874		$	3,610		$	32,730		$	134,370		$	263,584
Total average loans, net of unearned income	$	8,683,784		$	942,411		$	—		$	(80,254	)	$	9,545,941
Total average assets (4)	21,331,760			1,002,718			329,680			408,576			23,072,734
Total average deposits	18,994,576			535,611			—			29,701			19,559,888
Three months ended September 30, 2012
Net interest income (loss)	$	151,858		$	5,666		$	6		$	(3,100	)	$	154,430
(Provision for) reduction of loan losses	(7,787		)	999			—			—			(6,788		)
Noninterest income	46,965			149			4,330			17,695			69,139
Noninterest expense (2)	(98,064		)	(3,603		)	(3,562		)	(29,942		)	(135,171		)
Income (loss) before income tax expense (3)	$	92,972		$	3,211		$	774		$	(15,347	)	$	81,610
Total average loans, net of unearned income	$	7,159,609		$	755,001		$	—		$	(7,004	)	$	7,907,606
Total average assets (4)	19,860,340			758,988			238,595			869,274			21,727,197
Total average deposits	17,881,175			341,537			—			37,632			18,260,344
Nine months ended September 30, 2013
Net interest income	$	466,303		$	18,226		$	5		$	25,812		$	510,346
(Provision for) reduction of loan losses	(36,030		)	1,007			—			—			(35,023		)
Noninterest income	145,716			867			48,179			239,731			434,493
Noninterest expense (2)	(316,949		)	(10,882		)	(7,871		)	(117,128		)	(452,830		)
Income (loss) before income tax expense (3)	$	259,040		$	9,218		$	40,313		$	148,415		$	456,986
Total average loans, net of unearned income	$	8,274,380		$	886,679		$	—		$	(74,880	)	$	9,086,179
Total average assets (4)	20,723,037			914,515			277,136			581,404			22,496,092
Total average deposits	18,480,757			493,204			—			15,399			18,989,360
Nine months ended September 30, 2012
Net interest income	$	441,542		$	16,147		$	22		$	(410	)	$	457,301
Provision for loan losses	(29,946		)	630			—			—			(29,316		)
Noninterest income	139,387			457			12,474			56,540			208,858
Noninterest expense (2)	(293,193		)	(9,952		)	(8,970		)	(90,834		)	(402,949		)
Income before income tax expense (3)	$	257,790		$	7,282		$	3,526		$	(34,704	)	$	233,894
Total average loans, net of unearned income	$	6,559,036		$	745,069		$	—		$	14,432		$	7,318,537
Total average assets (4)	19,149,134			749,500			243,124			811,283			20,953,041
Total average deposits	17,240,715			278,736			—			27,743			17,547,194

(1) Global Commercial Bank’s and SVB Capital’s components of net interest income, noninterest income, noninterest expense and total average assets are shown net of noncontrolling interests for all periods presented.

(2) The Global Commercial Bank segment includes direct depreciation and amortization of $5.6 million and $4.5 million for the three months ended September 30, 2013 and 2012, respectively, and $16.0 million and $11.6 million for the nine months ended September 30, 2013 and 2012, respectively.

(3) The internal reporting model used by management to assess segment performance does not calculate income tax expense by segment. Our effective tax rate is a reasonable approximation of the segment rates.

(4) Total average assets equals the greater of total average assets or the sum of total liabilities and total stockholders’ equity for each segment.