SunTrust 2011 Annual Report Download - page 214
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Notes to Consolidated Financial Statements (Continued)
198
NOTE 23 - OTHER NONINTEREST EXPENSE
Other noninterest expense in the Consolidated Statements of Income/(Loss) includes:
(Dollars in millions)
Consulting and legal
Other staff expense
Postage and delivery
Communications
Operating supplies
Mortgage reinsurance
Other expense
Total other noninterest expense
Year Ended December 31
2011
$120
95
81
63
45
28
299
$731
2010
$84
55
83
64
47
27
332
$692
2009
$57
51
84
67
41
115
337
$752
NOTE 24 - SUNTRUST BANKS, INC. (PARENT COMPANY ONLY) FINANCIAL INFORMATION
Statements of Income/(Loss) - Parent Company Only
(Dollars in millions)
Income
Dividends1
Interest on loans
Trading income/(loss)
Other income
Total income
Expense
Interest on short-term borrowings
Interest on long-term debt
Employee compensation and benefits2
Service fees to subsidiaries
Potential mortgage servicing settlement and claims expense
Other expense
Total expense
Loss before income taxes and equity in undistributed income/(loss) of
subsidiaries
Income tax benefit
(Loss)/income before equity in undistributed income/(loss) of subsidiaries
Equity in undistributed income/(loss) of subsidiaries
Net income/(loss)
Preferred dividends, Series A
Dividends and accretion of discount on preferred stock issued to the U.S.
Treasury
Accelerated accretion associated with repurchase of preferred stock issued
to the U.S. Treasury
Gain on repurchase of Series A preferred stock
Dividends and undistributed earnings allocated to unvested shares
Net income/(loss) available to common shareholders
Year Ended December 31
2011
$29
11
53
132
225
9
226
(7)
11
120
13
372
(147)
49
(98)
745
647
(7)
(66)
(74)
—
(5)
$495
2010
$28
2
44
165
239
9
228
(13)
2
—
21
247
(8)
12
4
185
189
(7)
(267)
—
—
(2)
($87)
2009
$14
3
(2)
62
77
8
273
(46)
15
—
36
286
(209)
97
(112)
(1,452)
(1,564)
(14)
(266)
—
94
17
($1,733)
1Substantially all dividend income received from subsidiaries.
2 Includes incentive compensation allocations between Parent Company and subsidiaries.