Reportable Segments

6 Months Ended

Jun. 30, 2011

Segments [Abstract]

Segment Reporting Disclosure [Text Block]

Reportable segments

Management Reporting

The Company has three reportable segments (Private Banking, Investment Management, and Wealth Advisory) and the Parent Company (Boston Private Financial Holdings, Inc.) (the “Holding Company”). The financial performance of the Company is managed and evaluated by these three areas. The segments are managed separately as a result of business concentrations in each function.

Measurement of Segment Profit and Assets

The accounting policies of the segments are the same as those described in Part II. Item 8. “Financial Statements and Supplementary Data - Note 1: Basis of Presentation and Summary of Significant Accounting Policies” in the Company’s Annual Report on Form 10-K, as amended, for the year ended December 31, 2010.

Revenues, expenses, and assets are recorded by each segment, and separate financial statements are reviewed by their management and the Company’s Segment Chief Executive Officers.

Reconciliation of Reportable Segment Items

The following tables provide a reconciliation of the revenues, profits, assets, and other significant items of reportable segments as of and for the three and six months ended June 30, 2011 and June 30, 2010. Interest expense on junior subordinated debentures is reported at the Holding Company.

	For the three months ended June 30,
	Net interest income						Non-interest income					Total revenues
	2011			2010			2011		2010			2011			2010
	(In thousands)
Total Banks (1)	$	47,841		$	47,339		$	9,893	$	7,255		$	57,734		$	54,594
Total Investment Managers	23			35			10,323		9,418			10,346			9,453
Total Wealth Advisors	(5		)	(14		)	10,278		9,305			10,273			9,291
Total Segments	47,859			47,360			30,494		25,978			78,353			73,338
Holding Company and Eliminations	(1,835		)	(2,343		)	1,819		(345		)	(16		)	(2,688		)
Total Company	$	46,024		$	45,017		$	32,313	$	25,633		$	78,337		$	70,650

	For the three months ended June 30,
	Non-interest expense (2)				Income tax expense/(benefit)						Net income/(loss) from continuing operations
	2011		2010		2011			2010			2011			2010
	(In thousands)
Total Banks (1)	$	40,718	$	36,117	$	6,566		$	10		$	12,640		$	3,505
Total Investment Managers	7,991		7,483		818			582			1,537			1,388
Total Wealth Advisors	7,832		7,325		886			755			1,555			1,211
Total Segments	56,541		50,925		8,270			1,347			15,732			6,104
Holding Company and Eliminations	5,924		5,740		(4,041		)	(2,549		)	(1,899		)	(5,879		)
Total Company	$	62,465	$	56,665	$	4,229		$	(1,202	)	$	13,833		$	225

	For the three months ended June 30,
	Net income from  continuing operations attributable to noncontrolling interests				Net income/(loss) attributable to the Company (3)						Amortization of intangibles
	2011		2010		2011			2010			2011		2010
	(In thousands)
Total Banks (1)	$	—	$	—	$	12,640		$	3,505		$	294	$	86
Total Investment Managers	416		340		1,121			1,048			830		869
Total Wealth Advisors	388		276		1,167			935			326		357
Total Segments	804		616		14,928			5,488			1,450		1,312
Holding Company and Eliminations	—		—		(383		)	(4,370		)	—		27
Total Company	$	804	$	616	$	14,545		$	1,118		$	1,450	$	1,339

	As of June 30,
	Assets				AUM (4)
	2011		2010		2011			2010
	(In thousands)				(In millions)
Total Banks (1)	$	5,825,581	$	5,661,275	$	3,739		$	3,405
Total Investment Managers	107,906		110,606		8,295			6,880
Total Wealth Advisors	77,132		72,854		8,184			7,210
Total Segments	6,010,619		5,844,735		20,218			17,495
Holding Company and Eliminations	26,159		22,974		(20		)	(17		)
Total Company	$	6,036,778	$	5,867,709	$	20,198		$	17,478

	For the six months ended June 30,
	Net interest income						Non-interest income					Total revenues
	2011			2010			2011		2010			2011			2010
	(In thousands)
Total Banks (1)	$	93,350		$	93,886		$	18,493	$	16,069		$	111,843		$	109,955
Total Investment Managers	56			72			20,455		18,571			20,511			18,643
Total Wealth Advisors	—			(14		)	20,348		18,561			20,348			18,547
Total Segments	93,406			93,944			59,296		53,201			152,702			147,145
Holding Company and Eliminations	(3,671		)	(4,617		)	3,111		(140		)	(560		)	(4,757		)
Total Company	$	89,735		$	89,327		$	62,407	$	53,061		$	152,142		$	142,388

	For the six months ended June 30,
	Non-interest expense (2)				Income tax expense/(benefit)						Net income/(loss) from continuing operations
	2011		2010		2011			2010			2011			2010
	(In thousands)
Total Banks (1)	$	78,992	$	71,410	$	6,292		$	3,884		$	15,399		$	12,084
Total Investment Managers	15,876		14,787		1,555			1,412			3,080			2,444
Total Wealth Advisors	15,925		14,649		1,583			1,457			2,840			2,441
Total Segments	110,793		100,846		9,430			6,753			21,319			16,969
Holding Company and Eliminations	13,377		11,852		(5,379		)	(5,619		)	(8,558		)	(10,990		)
Total Company	$	124,170	$	112,698	$	4,051		$	1,134		$	12,761		$	5,979

	For the six months ended June 30,
	Net income from  continuing operations attributable to noncontrolling interests				Net income/(loss) attributable to the Company (3)						Amortization of intangibles
	2011		2010		2011			2010			2011		2010
	(In thousands)
Total Banks (1)	$	—	$	—	$	15,399		$	12,084		$	351	$	173
Total Investment Managers	796		703		2,284			1,741			1,659		1,738
Total Wealth Advisors	755		598		2,085			1,843			652		705
Total Segments	1,551		1,301		19,768			15,668			2,662		2,616
Holding Company and Eliminations	—		—		(5,372		)	(9,445		)	—		53
Total Company	$	1,551	$	1,301	$	14,396		$	6,223		$	2,662	$	2,669

___________________

(1) In the second quarter of 2011, the Company merged its four Private Banking affiliates into one bank operating under the charter of Boston Private Bank. See Part I. Item 1. "Notes to Unaudited Consolidated Financial Statements - Note 1: Basis of Presentation and Summary of Significant Accounting Policies" for additional details.

(2) Non-interest expense for the three and six months ended June 30, 2011 includes $4.3 million and $6.3 million, respectively, of restructuring expense.

(3) Net income/ (loss) from discontinued operations for the three months ended June 30, 2011, and 2010 of $1.5 million, and $1.5 million, respectively and for the six months ended June 30, 2011, and 2010, of $3.2 million and $1.5 million, respectively, are included in Holding Company and Eliminations in the calculation of net loss attributable to the Company.

(4) "AUM" represents Assets Under Management and Advisory at the affiliates