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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Selected segment information
Segment Income Statement Data
 
 
 
 
 
 
 
($ in Thousands)
Corporate and
Commercial
Specialty
 
Community, 
Consumer, and
Business
 
Risk Management
and Shared Services
 
Consolidated
Total
Six Months Ended June 30, 2015
 
 
 
 
Net interest income
$
151,846

 
$
173,742

 
$
8,713

 
$
334,301

Noninterest income
24,918

 
135,131

 
6,548

 
166,597

Total revenue
176,764

 
308,873

 
15,261

 
500,898

Credit provision *
19,460

 
13,663

 
(23,623
)
 
9,500

Noninterest expense
69,350

 
244,017

 
37,704

 
351,071

Income before income taxes
87,954

 
51,193

 
1,180

 
140,327

Income tax expense (benefit)
30,429

 
17,918

 
(4,092
)
 
44,255

Net income
$
57,525

 
$
33,275

 
$
5,272

 
$
96,072

Return on average allocated capital (ROT1CE) **
12.1
%
 
10.4
%
 
2.4
%
 
10.4
%
Six Months Ended June 30, 2014
 
 
 
 
 
 
 
Net interest income
$
148,499

 
$
145,343

 
$
39,834

 
$
333,676

Noninterest income
24,083

 
113,686

 
7,999

 
145,768

Total revenue
172,582

 
259,029

 
47,833

 
479,444

Credit provision *
25,947

 
9,760

 
(25,707
)
 
10,000

Noninterest expense
75,513

 
223,363

 
36,707

 
335,583

Income before income taxes
71,122

 
25,906

 
36,833

 
133,861

Income tax expense
24,378

 
9,067

 
8,852

 
42,297

Net income
$
46,744

 
$
16,839

 
$
27,981

 
$
91,564

Return on average allocated capital (ROT1CE) **
10.4
%
 
6.4
%
 
11.3
%
 
9.5
%
Segment Balance Sheet Data
 
 
 
 
 
 
 
($ in Thousands)
Corporate and
Commercial
Specialty
 
Community,
Consumer, and
Business
 
Risk Management
and Shared Services
 
Consolidated
Total
Average Balances for YTD 2Q 2015
 
 
 
 
 
 
 
Average earning assets
$
9,321,388

 
$
8,618,054

 
$
6,268,081

 
$
24,207,523

Average loans
9,311,672

 
8,618,054

 
73,015

 
18,002,741

Average deposits
5,571,627

 
10,693,412

 
3,077,242

 
19,342,281

Average allocated capital (T1CE) **
$
955,799

 
$
643,796

 
$
212,466

 
$
1,812,061

Average Balances for YTD 2Q 2014
 
 
 
 
 
 
 
Average earning assets
$
9,020,912

 
$
7,308,806

 
$
5,887,073

 
$
22,216,791

Average loans
9,010,272

 
7,308,806

 
87,756

 
16,406,834

Average deposits
5,147,717

 
9,636,263

 
2,298,077

 
17,082,057

Average allocated capital (T1CE) **
$
908,844

 
$
531,307

 
$
455,478

 
$
1,895,629


Segment Income Statement Data
 
 
 
 
 
 
 
($ in Thousands)
Corporate and
Commercial
Specialty
 
Community, 
Consumer, and
Business
 
Risk Management
and Shared Services
 
Consolidated
Total
Three Months Ended June 30, 2015
 
 
 
 
Net interest income
$
76,155

 
$
87,385

 
$
2,948

 
$
166,488

Noninterest income
12,305

 
69,617

 
4,599

 
86,521

Total revenue
88,460

 
157,002

 
7,547

 
253,009

Credit provision *
9,935

 
6,592

 
(11,527
)
 
5,000

Noninterest expense
34,889

 
125,474

 
16,453

 
176,816

Income before income taxes
43,636

 
24,936

 
2,621

 
71,193

Income tax expense (benefit)
15,061

 
8,728

 
(1,996
)
 
21,793

Net income
$
28,575

 
$
16,208

 
$
4,617

 
$
49,400

Return on average allocated capital (ROT1CE) **
11.8
%
 
10.2
%
 
5.8
%
 
10.5
%
Three Months Ended June 30, 2014
 
 
 
 
 
 
 
Net interest income
$
74,433

 
$
73,091

 
$
21,179

 
$
168,703

Noninterest income
12,230

 
57,858

 
2,159

 
72,247

Total revenue
86,663

 
130,949

 
23,338

 
240,950

Credit provision *
12,915

 
4,813

 
(12,728
)
 
5,000

Noninterest expense
39,792

 
112,164

 
15,969

 
167,925

Income before income taxes
33,956

 
13,972

 
20,097

 
68,025

Income tax expense
11,370

 
4,891

 
5,399

 
21,660

Net income
$
22,586

 
$
9,081

 
$
14,698

 
$
46,365

Return on average allocated capital (ROT1CE) **
9.7
%
 
6.9
%
 
12.4
%
 
9.6
%
Segment Balance Sheet Data
 
 
 
 
 
 
 
($ in Thousands)
Corporate and
Commercial
Specialty
 
Community,
Consumer, and
Business
 
Risk Management
and Shared Services
 
Consolidated
Total
Average Balances for 2Q15
 
 
 
 
 
 
 
Average earning assets
$
9,422,805

 
$
8,709,691

 
$
6,133,871

 
$
24,266,367

Average loans
9,411,245

 
8,709,691

 
67,369

 
18,188,305

Average deposits
5,720,064

 
10,862,330

 
3,043,816

 
19,626,210

Average allocated capital (T1CE) **
$
968,690

 
$
640,256

 
$
210,873

 
$
1,819,819

Average Balances for 2Q14
 
 
 
 
 
 
 
Average earning assets
$
9,188,973

 
$
7,386,355

 
$
5,962,187

 
$
22,537,515

Average loans
9,175,637

 
7,386,355

 
84,397

 
16,646,389

Average deposits
5,055,431

 
9,731,580

 
2,385,821

 
17,172,832

Average allocated capital (T1CE) **
$
930,660

 
$
526,818

 
$
434,288

 
$
1,891,766

 
 
 
 
 
 
 
 
* The consolidated credit provision is equal to the actual reported provision for credit losses.
 
 
 
 
** The Federal Reserve establishes capital adequacy requirements for the Corporation, including Tier 1 capital. Tier 1 capital is comprised of common capital and certain redeemable, non-cumulative preferred stock. Average allocated capital represents average Tier 1 common equity which is defined as average Tier 1 capital excluding qualifying perpetual preferred stock and qualifying trust preferred securities. This is a non-GAAP financial measure. For segment reporting purposes, the ROT1CE reflects return on average allocated Tier 1 common equity ("T1CE"). The ROT1CE for the Risk Management and Shared Services segment and the Consolidated Total is inclusive of the annualized effect of the preferred stock dividends.