XML 86 R38.htm IDEA: XBRL DOCUMENT v2.4.0.6
Reportable Segments (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Segment Reporting Information [Line Items]          
Interest Income (Expense), Net $ 46,366,000 $ 45,059,000 $ 137,730,000 $ 134,804,000  
Noninterest Income 28,604,000 29,724,000 84,067,000 88,832,000  
Revenues 74,970,000 74,783,000 221,797,000 223,636,000  
Noninterest Expense 58,150,000 [1] 54,916,000 [1] 169,112,000 [1] 175,887,000 [1]  
Income tax expense/(benefit) 5,124,000 4,542,000 14,215,000 8,559,000  
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 15,696,000 10,825,000 36,770,000 23,530,000  
Net income/ (loss) attributable to noncontrolling interests 855,000 740,000 2,407,000 2,265,000  
Net Income (Loss) Attributable to Parent 16,513,000 [2] 11,679,000 [2] 40,179,000 [2] 26,075,000 [2]  
Amortization of intangibles 1,082,000 1,124,000 3,263,000 3,679,000  
Total assets 6,272,784,000 6,024,321,000 6,272,784,000 6,024,321,000 6,049,372,000
Assets under Management, Carrying Amount 20,114,000,000 [3] 17,276,000,000 [3] 20,114,000,000 [3] 17,276,000,000 [3]  
Depreciation 1,704,000 1,538,000 4,970,000 4,678,000  
Restructuring Charges 3,581,000 1,116,000 4,280,000 7,402,000  
Net income from discontinued operations 1,672,000 1,594,000 5,816,000 4,810,000  
Private Banking Segment [Member]
         
Segment Reporting Information [Line Items]          
Interest Income (Expense), Net 47,812,000 [4] 46,814,000 [4] 142,467,000 [4] 140,163,000 [4]  
Noninterest Income 7,937,000 [4] 11,014,000 [4] 24,233,000 [4] 29,507,000 [4]  
Revenues 55,749,000 [4] 57,828,000 [4] 166,700,000 [4] 169,670,000 [4]  
Noninterest Expense 36,785,000 [1],[4] 35,680,000 [1],[4] 108,030,000 [1],[4] 114,672,000 [1],[4]  
Income tax expense/(benefit) 8,133,000 [4] 6,160,000 [4] 19,312,000 [4] 12,452,000 [4]  
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 14,831,000 [4] 11,488,000 [4] 37,658,000 [4] 26,886,000 [4]  
Net income/ (loss) attributable to noncontrolling interests 0 [4] 0 [4] 0 [4] 0 [4]  
Net Income (Loss) Attributable to Parent 14,831,000 [2],[4] 11,488,000 [2],[4] 37,658,000 [2],[4] 26,886,000 [2],[4]  
Amortization of intangibles 26,000 [4] 26,000 [4] 79,000 [4] 377,000 [4]  
Total assets 6,071,302,000 [4] 5,812,215,000 [4] 6,071,302,000 [4] 5,812,215,000 [4]  
Assets under Management, Carrying Amount 3,784,000,000 [4] 3,427,000,000 [4] 3,784,000,000 [4] 3,427,000,000 [4]  
Depreciation 1,496,000 1,341,000 4,364,000 4,074,000  
Investment Managers Segment [Member]
         
Segment Reporting Information [Line Items]          
Interest Income (Expense), Net 6,000 8,000 21,000 65,000  
Noninterest Income 10,043,000 10,276,000 29,110,000 30,730,000  
Revenues 10,049,000 10,284,000 29,131,000 30,795,000  
Noninterest Expense 7,841,000 7,839,000 23,351,000 [1] 23,715,000 [1]  
Income tax expense/(benefit) 748,000 854,000 1,977,000 2,409,000  
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 1,460,000 1,591,000 3,803,000 4,671,000  
Net income/ (loss) attributable to noncontrolling interests 444,000 400,000 1,184,000 1,196,000  
Net Income (Loss) Attributable to Parent 1,016,000 [2] 1,191,000 [2] 2,619,000 [2] 3,475,000 [2]  
Amortization of intangibles 800,000 830,000 2,401,000 2,489,000  
Total assets 105,349,000 108,767,000 105,349,000 108,767,000  
Assets under Management, Carrying Amount 8,553,000,000 7,127,000,000 8,553,000,000 7,127,000,000  
Depreciation 59,000 58,000 189,000 192,000  
Wealth Advisors Segment [Member]
         
Segment Reporting Information [Line Items]          
Interest Income (Expense), Net 6,000 [5] 7,000 [5] 19,000 [5] 17,000 [5]  
Noninterest Income 9,494,000 [5] 8,623,000 [5] 27,900,000 [5] 25,672,000 [5]  
Revenues 9,500,000 [5] 8,630,000 [5] 27,919,000 [5] 25,689,000 [5]  
Noninterest Expense 6,806,000 [5] 6,186,000 [5] 20,334,000 [1],[5] 18,912,000 [1],[5]  
Income tax expense/(benefit) 996,000 [5] 910,000 [5] 2,771,000 [5] 2,459,000 [5]  
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 1,698,000 [5] 1,534,000 [5] 4,814,000 [5] 4,318,000 [5]  
Net income/ (loss) attributable to noncontrolling interests 411,000 [5] 340,000 [5] 1,223,000 [5] 1,069,000 [5]  
Net Income (Loss) Attributable to Parent 1,287,000 [2],[5] 1,194,000 [2],[5] 3,591,000 [2],[5] 3,249,000 [2],[5]  
Amortization of intangibles 256,000 [5] 268,000 [5] 783,000 [5] 813,000 [5]  
Total assets 71,936,000 [5] 68,848,000 [5] 71,936,000 [5] 68,848,000 [5]  
Assets under Management, Carrying Amount 7,797,000,000 [3],[5] 6,740,000,000 [3],[5] 7,797,000,000 [3],[5] 6,740,000,000 [3],[5]  
Depreciation 91,000 93,000 269,000 267,000  
Reportable Segment [Member]
         
Segment Reporting Information [Line Items]          
Interest Income (Expense), Net 47,824,000 46,829,000 142,507,000 140,245,000  
Noninterest Income 27,474,000 29,913,000 81,243,000 85,909,000  
Revenues 75,298,000 76,742,000 223,750,000 226,154,000  
Noninterest Expense 51,432,000 [1] 49,705,000 [1] 151,715,000 [1] 157,299,000 [1]  
Income tax expense/(benefit) 9,877,000 7,924,000 24,060,000 17,320,000  
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 17,989,000 14,613,000 46,275,000 35,875,000  
Net income/ (loss) attributable to noncontrolling interests 855,000 740,000 2,407,000 2,265,000  
Net Income (Loss) Attributable to Parent 17,134,000 [2] 13,873,000 [2] 43,868,000 [2] 33,610,000 [2]  
Amortization of intangibles 1,082,000 1,124,000 3,263,000 3,679,000  
Total assets 6,248,587,000 5,989,830,000 6,248,587,000 5,989,830,000  
Assets under Management, Carrying Amount 20,134,000,000 [3] 17,294,000,000 [3] 20,134,000,000 [3] 17,294,000,000 [3]  
Depreciation 1,646,000 1,492,000 4,822,000 4,533,000  
Holding Company and Eliminations Segment [Domain]
         
Segment Reporting Information [Line Items]          
Interest Income (Expense), Net (1,458,000) (1,770,000) (4,777,000) (5,441,000)  
Noninterest Income 1,130,000 (189,000) 2,824,000 2,923,000  
Revenues (328,000) (1,959,000) (1,953,000) (2,518,000)  
Noninterest Expense 6,718,000 [1] 5,211,000 [1] 17,397,000 [1] 18,588,000 [1]  
Income tax expense/(benefit) (4,753,000) (3,382,000) (9,845,000) (8,761,000)  
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest (2,293,000) (3,788,000) (9,505,000) (12,345,000)  
Net income/ (loss) attributable to noncontrolling interests 0 0 0 0  
Net Income (Loss) Attributable to Parent (621,000) [2] (2,194,000) [2] (3,689,000) [2] (7,535,000) [2]  
Amortization of intangibles 0 0 0 0  
Total assets 24,197,000 34,491,000 24,197,000 34,491,000  
Assets under Management, Carrying Amount (20,000,000) (18,000,000) (20,000,000) (18,000,000)  
Depreciation $ 58,000 $ 46,000 $ 148,000 $ 145,000  
[1] Non-interest expense for the three and nine months ended September 30, 2012 includes $3.6 million and $4.3 million, respectively, of restructuring expense. Non-interest expense for the three and nine months ended September 30, 2011 includes $1.1 million and $7.4 million, respectively, of restructuring expense. Restructuring expenses have been incurred in the Private Banking segment as well as at the Holding Company.
[2] Net income from discontinued operations for the three months ended September 30, 2012, and 2011 of $1.7 million, and $1.6 million, respectively, and for the nine months ended September 30, 2012, and 2011, of $5.8 million and $4.8 million, respectively, are included in Holding Company and Eliminations in the calculation of net loss attributable to the Company.
[3] AUM” represents Assets Under Management and Advisory at the affiliates. AUM at DTC have been removed since DTC operations are classified with discontinued operations
[4] 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.
[5] In the second quarter of 2012, the Company sold its Wealth Advisory affiliate, DTC. Accordingly, current and prior period results for DTC have been reclassified into discontinued operations and are included with Holding Company and Eliminations in the tables above.