Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2014

Segment Results

The following table provides a summary of the Company’s segment results for the three months ended June 30, 2014, on an internally managed accounting basis:

	For the Three Months Ended June 30, 2014
(in thousands)	Banking     Operations			Residential Mortgage Banking			Total     Company
Net interest income		$	280,008		$	3,484		$	283,492
Provision for loan losses			188			--			188
Non-interest income:
Third party(1)			36,578			16,015			52,593
Inter-segment			(3,771)			3,771			--
Total non-interest income			32,807			19,786			52,593
Non-interest expense(2)			133,929			13,907			147,836
Income before income tax expense			178,698			9,363			188,061
Income tax expense			65,879			3,494			69,373
Net income		$	112,819		$	5,869		$	118,688
Identifiable segment assets (period-end)		$	47,931,214		$	673,558		$	48,604,772

(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 six months ended June 30, 2014, on an internally managed accounting basis:

	For the Six Months Ended June 30, 2014
(in thousands)	Banking     Operations		Residential Mortgage Banking		Total     Company
Net interest income		$561,255		$6,387		$567,642
Recovery of loan losses		(14,442)		--		(14,442)
Non-interest income:
Third party(1)		58,462		31,366		89,828
Inter-segment		(7,550)		7,550		--
Total non-interest income		50,912		38,916		89,828
Non-interest expense(2)		264,754		29,407		294,161
Income before income tax expense		361,855		15,896		377,751
Income tax expense		137,888		5,921		143,809
Net income		$223,967		$9,975		$233,942
Identifiable segment assets (period-end)		$47,931,214		$673,558		$48,604,772

(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 three months ended June 30, 2013, on an internally managed accounting basis:

	For the Three Months Ended June 30, 2013
(in thousands)	Banking     Operations		Residential Mortgage Banking		Total     Company
Net interest income		$293,678		$6,206		$299,884
Provision for loan losses		9,618		--		9,618
Non-interest income:
Third party(1)		29,835		23,910		53,745
Inter-segment		(4,058)		4,058		--
Total non-interest income		25,777		27,968		53,745
Non-interest expense(2)		131,201		20,464		151,665
Income before income tax expense		178,636		13,710		192,346
Income tax expense		64,633		5,196		69,829
Net income		$114,003		$8,514		$122,517
Identifiable segment assets (period-end)		$43,127,156		$1,058,682		$44,185,838

(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 six months ended June 30, 2013, on an internally managed accounting basis:

	For the Six Months Ended June 30, 2013
(in thousands)	Banking     Operations		Residential Mortgage Banking		Total     Company
Net interest income		$561,741		$13,319		$575,060
Provision for loan losses		19,120		--		19,120
Non-interest income:
Third party(1)		78,557		50,739		129,296
Inter-segment		(8,217)		8,217		--
Total non-interest income		70,340		58,956		129,296
Non-interest expense(2)		266,127		41,634		307,761
Income before income tax expense		346,834		30,641		377,475
Income tax expense		124,667		11,616		136,283
Net income		$222,167		$19,025		$241,192
Identifiable segment assets (period-end)		$43,127,156		$1,058,682		$44,185,838

(1) Includes ancillary fee income.

(2) Includes both direct and indirect expenses.