SunTrust 2013 Annual Report Download - page 46

30
Item 6. SELECTED FINANCIAL DATA
Year Ended December 31
(Dollars in millions, except per share data) 2013 2012 2011 2010 2009
Summary of Operations:
Interest income $5,388 $5,867 $6,181 $6,343 $6,710
Interest expense 535 765 1,116 1,489 2,244
Net interest income 4,853 5,102 5,065 4,854 4,466
Provision for credit losses 553 1,395 1,513 2,651 4,064
Net interest income after provision for credit losses 4,300 3,707 3,552 2,203 402
Noninterest income 3,214 5,373 3,421 3,729 3,710
Noninterest expense 5,880 6,323 6,234 5,911 6,562
Income/(loss) before provision for income taxes 1,634 2,757 739 21 (2,450)
Provision/(benefit) for income taxes 273 773 79 (185) (898)
Net income attributable to noncontrolling interest 17 26 13 17 12
Net income/(loss) $1,344 $1,958 $647 $189 ($1,564)
Net income/(loss) available to common shareholders $1,297 $1,931 $495 ($87) ($1,733)
Net income/(loss) available to common shareholders,
excluding Form 8-K items 1$1,476 $1,178 $495 ($87) ($1,733)
Net interest income - FTE 1$4,980 $5,225 $5,179 $4,970 $4,589
Total revenue - FTE 18,194 10,598 8,600 8,699 8,299
Total revenue - FTE, excluding net securities gains 1 8,192 8,624 8,483 8,508 8,201
Total revenue - FTE, excluding Form 8-K items 18,257 11,901 8,600 8,699 8,299
Net income/(loss) per average common share:
Diluted 22.41 3.59 0.94 (0.18) (3.98)
Diluted excluding goodwill/intangible impairment charges,
other than MSRs 1,2 2.41 3.60 0.94 (0.18) (2.34)
Diluted excluding effect of accelerated accretion associated
with the repurchase of preferred stock issued to the U.S.
Treasury 1,2 2.41 3.59 1.08 (0.18) (3.98)
Diluted, excluding the effect of Form 8-K items 1,2 2.74 2.19 0.94 (0.18) (3.98)
Basic 2.43 3.62 0.94 (0.18) (3.98)
Dividends paid per average common share 0.35 0.20 0.12 0.04 0.22
Book value per common share 38.61 37.59 36.86 36.34 35.29
Tangible book value per common share 127.01 25.98 25.18 23.76 22.59
Market capitalization 19,734 15,279 9,504 14,768 10,128
Market price:
High 36.99 30.79 33.14 31.92 30.18
Low 26.93 18.07 15.79 20.16 6.00
Close 36.81 28.35 17.70 29.51 20.29
Selected Average Balances
Total assets $172,497 $176,134 $172,440 $172,375 $175,442
Earning assets 153,728 153,479 147,802 147,187 150,908
Loans 122,657 122,893 116,308 113,925 121,041
Consumer and commercial deposits 127,076 126,249 122,672 117,129 113,164
Brokered time and foreign deposits 2,065 2,255 2,386 2,916 6,082
Intangible assets including MSRs 7,535 7,322 7,780 7,837 7,882
MSRs 1,121 887 1,331 1,317 533
Preferred Stock 725 290 1,328 4,929 5,067
Total shareholders’ equity 21,167 20,495 20,696 22,834 22,286
Average common shares - diluted (thousands) 539,093 538,061 527,618 498,744 437,486
Average common shares - basic (thousands) 534,283 534,149 523,995 495,361 435,328
At December 31
Total assets $175,335 $173,442 $176,859 $172,874 $174,165
Earning assets 156,978 151,223 154,696 148,473 147,896
Loans 127,877 121,470 122,495 115,975 113,675