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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Selected segment information
Information about the Corporation’s segments is presented below.
Segment Income Statement Data
 
 
 
 
 
 
 
($ in Thousands)
Corporate and
Commercial
Specialty
 
Community,
Consumer, and
Business
 
Risk Management
and Shared Services
 
Consolidated
Total
Three Months Ended March 31, 2017
 
 
 
 
 
 
 
Net interest income
$
89,388

 
$
88,928

 
$
1,958

 
$
180,274

Noninterest income
11,993

 
64,870

 
2,968

 
79,831

Total revenue
101,381

 
153,798

 
4,926

 
260,105

Credit provision*
11,580

 
4,507

 
(7,087
)
 
9,000

Noninterest expense
37,479

 
116,097

 
20,115

 
173,691

Income (loss) before income taxes
52,322

 
33,194

 
(8,102
)
 
77,414

Income tax expense (benefit)
17,649

 
11,618

 
(8,123
)
 
21,144

Net income
$
34,673

 
$
21,576

 
$
21

 
$
56,270

Return on average allocated capital (ROCET1)**
12.6
%
 
15.2
%
 
(2.5
)%
 
10.6
%
Three Months Ended March 31, 2016
 
 
 
 
 
 
 
Net interest income
$
79,164

 
$
85,605

 
$
7,218

 
$
171,987

Noninterest income
11,613

 
63,748

 
7,831

 
83,192

Total revenue
90,777

 
149,353

 
15,049

 
255,179

Credit provision*
12,739

 
6,142

 
1,119

 
20,000

Noninterest expense
34,403

 
121,295

 
18,273

 
173,971

Income (loss) before income taxes
43,635

 
21,916

 
(4,343
)
 
61,208

Income tax expense (benefit)
14,579

 
7,670

 
(3,575
)
 
18,674

Net income (loss)
$
29,056

 
$
14,246

 
$
(768
)
 
$
42,534

Return on average allocated capital (ROCET1)**
11.3
%
 
9.1
%
 
(5.0
)%
 
8.6
%
Segment Balance Sheet Data
 
 
 
 
 
 
 
($ in Thousands)
Corporate and
Commercial
Specialty
 
Community,
Consumer, and
Business
 
Risk Management
and Shared Services
 
Consolidated
Total
Three Months Ended March 31, 2017
 
 
 
 
 
 
 
Average earning assets
$
10,759,811

 
$
9,130,457

 
$
6,449,046

 
$
26,339,314

Average loans
10,753,314

 
9,128,656

 
190,755

 
20,072,725

Average deposits
6,420,401

 
11,337,064

 
3,708,257

 
21,465,722

Average allocated capital (CET1)**
$
1,114,610

 
$
576,464

 
$
370,675

 
$
2,061,749

Three Months Ended March 31, 2016
 
 
 
 
 
 
 
Average earning assets
$
9,720,028

 
$
9,120,319

 
$
6,432,026

 
$
25,272,373

Average loans
9,711,221

 
9,119,020

 
92,589

 
18,922,830

Average deposits
5,918,341

 
11,100,195

 
3,556,638

 
20,575,174

Average allocated capital (CET1)**
$
1,031,659

 
$
627,211

 
$
237,611

 
$
1,896,481

* 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 common equity Tier 1. For segment reporting purposes, the ROCET1 reflects return on average allocated common equity Tier 1. The ROCET1 for the Risk Management and Shared Services segment and the Consolidated Total is inclusive of the annualized effect of the preferred stock dividends.