TCF Bank 2014 Annual Report Download - page 68

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Consolidated Statements of Equity
TCF Financial Corporation
Accumulated Treasury
Number of Additional Other Stock Non-
Shares Issued Preferred Common Paid-in Retained Comprehensive and controlling Total
(Dollars in thousands) Preferred Common Stock Stock Capital Earnings Income (Loss) Other Total Interests Equity
Balance, December 31, 2011 – 160,366,380 $ – $1,604 $715,247 $1,127,823 $ 56,826 $(33,367) $1,868,133 $10,494 $1,878,627
Net loss attributable to TCF
Financial Corporation – – – – – (212,884) – – (212,884) 6,187 (206,697)
Other comprehensive income
(loss) – – – – – – (44,383) – (44,383) – (44,383)
Public offering of preferred stock 4,006,900 – 263,240 – – – – – 263,240 – 263,240
Net investment by (distribution to)
non-controlling interest – – – – – – – – – (3,411) (3,411)
Dividends on preferred stock – – – – – (5,606) – – (5,606) – (5,606)
Dividends on common stock – – – – – (31,904) – – (31,904) – (31,904)
Grants of restricted stock – 1,822,025 – 18 (18) – – – – – –
Common shares purchased by
TCF employee benefit plans – 1,742,990 – 17 19,445 – – – 19,462 – 19,462
Cancellation of shares of restricted
stock – (322,908) – (3) (1,198) 16 – – (1,185) – (1,185)
Cancellation of common shares
for tax withholding – (179,724) – (2) (1,947) – – – (1,949) – (1,949)
Net amortization of stock
compensation – – – – 11,108 – – – 11,108 – 11,108
Stock compensation tax (expense)
benefit – – – – (659) – – – (659) – (659)
Change in shares held in trust for
deferred compensation plans, at
cost – – – – 8,062 – – (8,062) – – –
Balance, December 31, 2012 4,006,900 163,428,763 $263,240 $1,634 $750,040 $ 877,445 $ 12,443 $(41,429) $1,863,373 $13,270 $1,876,643
Net income attributable to TCF
Financial Corporation – – – – – 151,668 – – 151,668 7,032 158,700
Other comprehensive income
(loss) – – – – – – (39,656) – (39,656) – (39,656)
Net investment by (distribution to)
non-controlling interest – – – – – – – – – (8,511) (8,511)
Dividends on preferred stock – – – – – (19,065) – – (19,065) – (19,065)
Dividends on common stock – – – – – (32,227) – – (32,227) – (32,227)
Grants of restricted stock – 532,777 – 5 (5) – – – – – –
Common shares purchased by
TCF employee benefit plans – 1,389,819 – 14 20,165 – – – 20,179 – 20,179
Cancellation of shares of restricted
stock – (120,313) – – (299) 25 – – (274) – (274)
Cancellation of common shares
for tax withholding – (66,185) – (1) (954) – – – (955) – (955)
Net amortization of stock
compensation – – – – 10,398 – – – 10,398 – 10,398
Stock compensation tax (expense)
benefit – – – – (473) – – – (473) – (473)
Change in shares held in trust for
deferred compensation plans, at
cost – – – – 769 – – (769) – – –
Balance, December 31, 2013 4,006,900 165,164,861 $263,240 $1,652 $779,641 $ 977,846 $(27,213) $(42,198) $1,952,968 $11,791 $1,964,759
Net income attributable to TCF
Financial Corporation – – – – – 174,187 – – 174,187 7,429 181,616
Other comprehensive income
(loss) – – – – – – 16,303 – 16,303 – 16,303
Net investment by (distribution
to) non-controlling interest – – – – – – – – – (5,505) (5,505)
Dividends on preferred stock – – – – – (19,388) – – (19,388) – (19,388)
Dividends on common stock – – – – – (32,731) – – (32,731) – (32,731)
Grants of restricted stock – 1,152,906 – 11 (11) – – – – – –
Common shares purchased by
TCF employee benefit plans – 1,452,837 – 15 23,068 – – – 23,083 – 23,083
Cancellation of shares of
restricted stock – (108,490) – (1) (519) – – – (520) – (520)
Cancellation of common shares
for tax withholding – (205,546) – (2) (3,332) – – – (3,334) – (3,334)
Net amortization of stock
compensation – – – – 9,025 – – – 9,025 – 9,025
Exercise of stock options – 47,000 – – 740 – – – 740 – 740
Stock compensation tax
(expense) benefit – – – – 1,316 – – – 1,316 – 1,316
Change in shares held in trust
for deferred compensation
plans, at cost – – – – 7,202 – – (7,202) – – –
Balance, December 31, 2014 4,006,900 167,503,568 $263,240 $1,675 $817,130 $1,099,914 $(10,910) $(49,400) $2,121,649 $13,715 $2,135,364
See accompanying notes to consolidated financial statements.
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