TCF Bank 2003 Annual Report Download - page 10

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8TCF Financial Corporation and Subsidiaries
Over the long term, the success and viability of our supermarket partners are important to TCF. If our partners sell
or contract their stores, we are at risk; though over time, as we build out our traditional branch system, this risk is mit-
igated somewhat. We continue to work closely with our partners to optimize our businesses and to be aware of and address
any potential risks.
None of these risks are new. Our consistent results have proven that we have managed these risks in the past and we
believe we are adequately prepared to manage them in the future. Our philosophy at TCF is to run a highly profitable
bank and to minimize risk. TCF does not utilize unconsolidated subsidiaries and has no exotic derivatives, foreign loans,
bank owned life insurance, etc. In our opinion, TCF’s accounting is conservative.
A careful reading of this Annual Report will tell you generally everything about our company. We try to keep our
financial reporting simple, but as complete as possible. We have a lot to be proud of and nothing to hide.
Fee Revenue
Per Checking Account
(dollars)
03
$223
$218
$209
$190
$168
02010099
Checking Accounts
(thousands)
12/03
1,444
1,338
1,249
1,131
1,032
12/0212/0112/0012/99