Our segment information for the three and nine months ended September 30, 2017 and 2016 is as follows:



(Dollars in thousands)	Global Commercial Bank (1)			SVB Private Bank			SVB Capital (1)			Other Items (2)			Total
Three months ended September 30, 2017
Net interest income	$	337,860		$	14,600		$	15		$	21,499		$	373,974
Provision for credit losses	(20,874		)	(1,535		)	—			(1,113		)	(23,522		)
Noninterest income	97,227			460			13,913			47,178			158,778
Noninterest expense (3)	(176,964		)	(4,706		)	(4,873		)	(71,218		)	(257,761		)
Income (loss) before income tax expense (4)	$	237,249		$	8,819		$	9,055		$	(3,654	)	$	251,469
Total average loans, net of unearned income	$	18,807,616		$	2,499,507		$	—		$	277,769		$	21,584,892
Total average assets (5)	47,817,114			2,538,400			323,417			(883,565		)	49,795,366
Total average deposits	42,376,024			1,231,390			—			435,428			44,042,842
Three months ended September 30, 2016
Net interest income	$	262,484		$	13,298		$	1		$	13,378		$	289,161
Provision for credit losses	(16,974		)	(1,976		)	—			(1,054		)	(20,004		)
Noninterest income	79,226			664			30,619			33,631			144,140
Noninterest expense (3)	(159,479		)	(3,122		)	(3,924		)	(54,248		)	(220,773		)
Income (loss) before income tax expense (4)	$	165,257		$	8,864		$	26,696		$	(8,293	)	$	192,524
Total average loans, net of unearned income	$	16,357,099		$	2,074,982		$	—		$	215,113		$	18,647,194
Total average assets (5)	40,828,549			2,096,237			325,321			201,222			43,451,329
Total average deposits	36,484,125			1,115,446			—			310,183			37,909,754
Nine months ended September 30, 2017
Net interest income	$	924,789		$	42,952		$	41		$	58,881		$	1,026,663
Provision for credit losses	(65,007		)	(2,266		)	—			(2,789		)	(70,062		)
Noninterest income	260,650			1,715			45,707			96,893			404,965
Noninterest expense (3)	(525,043		)	(12,675		)	(14,537		)	(194,385		)	(746,640		)
Income (loss) before income tax expense (4)	$	595,389		$	29,726		$	31,211		$	(41,400	)	$	614,926
Total average loans, net of unearned income	$	18,125,020		$	2,371,027		$	—		$	230,420		$	20,726,467
Total average assets (5)	45,414,432			2,403,777			333,439			(586,597		)	47,565,051
Total average deposits	40,398,413			1,289,990			—			373,232			42,061,635
Nine months ended September 30, 2016
Net interest income (expense)	$	773,342		$	40,508		$	(51	)	$	40,119		$	853,918
Provision for credit losses	(86,143		)	(2,481		)	—			(1,601		)	(90,225		)
Noninterest income	231,295			2,052			44,492			65,211			343,050
Noninterest expense (3)	(462,234		)	(9,481		)	(11,521		)	(141,375		)	(624,611		)
Income (loss) before income tax expense (4)	$	456,260		$	30,598		$	32,920		$	(37,646	)	$	482,132
Total average loans, net of unearned income	$	15,769,964		$	1,978,175		$	—		$	207,358		$	17,955,497
Total average assets (5)	41,020,808			1,999,455			334,328			315,125			43,669,716
Total average deposits	37,002,027			1,120,575			—			321,388			38,443,990


(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. Noncontrolling interest is included within “Other Items”.

(2)

The “Other Items” column reflects the adjustments necessary to reconcile the results of the operating segments to the consolidated financial statements prepared in conformity with GAAP. Net interest income consists primarily of interest earned from our fixed income investment portfolio, net of FTP. Noninterest income consists primarily of gains on equity warrant assets and gains on the sale of fixed income securities. Noninterest expense consists primarily of expenses associated with corporate support functions such as finance, human resources, marketing, legal and other expenses.


(3)	The Global Commercial Bank segment includes direct depreciation and amortization of $5.9 million and $6.4 million for the three months ended September 30, 2017 and 2016, respectively, and $19.1 million and $18.3 million for the nine months ended September 30, 2017 and 2016, respectively.


(4)	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.


(5)	Total average assets equal the greater of total average assets or the sum of total average liabilities and total average stockholders’ equity for each segment to reconcile the results to the consolidated financial statements prepared in conformity with GAAP.