Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2013

Segment Results

The following tables provide a summary of the Company’s segment results for the years ended December 31, 2013 and 2012, on an internally managed accounting basis:

	For the Twelve Months Ended December 31, 2013
(in thousands)	Banking Operations			Residential Mortgage Banking		Total Company
Net interest income	$	1,144,820		$	21,796	$	1,166,616
Provisions for loan losses		30,758			—		30,758
Non-Interest Income:
Third party(1)		137,534			81,296		218,830
Inter-segment		(16,607	)		16,607		—
Total non-interest income		120,927			97,903		218,830
Non-interest expense(2)		533,951			73,611		607,562
Income before income tax expense		701,038			46,088		747,126
Income tax expense		254,738			16,841		271,579
Net income	$	446,300		$	29,247	$	475,547
Identifiable segment assets (period-end)	$	46,015,332		$	672,955	$	46,688,287

(1) Includes ancillary fee income.

(2) Includes both direct and indirect expenses.

The following table provides a summary of the Company’s segment results for the twelve months ended December 31, 2012, on an internally managed accounting basis:

	For the Twelve Months Ended December 31, 2012
(in thousands)	Banking Operations			Residential Mortgage Banking		Total Company
Net interest income	$	1,128,591		$	31,430	$	1,160,021
Provisions for loan losses		62,988			—		62,988
Non-Interest Income:
Third party(1)		116,063			181,290		297,353
Inter-segment		(14,795	)		14,795		—
Total non-interest income		101,268			196,085		297,353
Non-interest expense(2)		533,911			79,566		613,477
Income before income tax expense		632,960			147,949		780,909
Income tax expense		222,325			57,478		279,803
Net income	$	410,635		$	90,471	$	501,106
Identifiable segment assets (period-end)	$	42,680,290		$	1,464,810	$	44,145,100

(1) Includes ancillary fee income.

(2) Includes both direct and indirect expenses.