Fifth Third Bank 2001 Annual Report Download - page 19

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Consolidated Statements of Changes in Shareholders’ Equity
FIFTH THIRD BANCORP AND SUBSIDIARIES
17
Accumulated
Nonowner
Common Preferred Capital Retained Changes Treasury
($ in millions) Stock Stock Surplus Earnings in Equity Stock Other Total
Balance at December 31, 1998 . . . . . . . . . . . $1,238 9 786 3,261 135 ( 58) — 5,371
Net Income and Nonowner Changes
in Equity, Net of Tax:
Net Income . . . . . . . . . . . . . . . . . . . . . . . . 948 948
Change in Unrealized Losses on Securities
Available-for-Sale, Net. . . . . . . . . . . . . . (437) ( 437)
Net Income and Nonowner Changes in Equity 511
Cash Dividends Declared
Fifth Third Bancorp:
Common Stock at $.59 per share. . . . . . ( 248) ( 248)
Pooled Companies Prior to Acquisition:
Common Stock. . . . . . . . . . . . . . . . . . . ( 145) ( 145)
Preferred Stock . . . . . . . . . . . . . . . . . . . ( 1) ( 1)
Shares Acquired for Treasury or Retired. . . . ( 7) ( 170) ( 2) ( 179)
Stock Options Exercised,
Including Treasury Shares Issued . . . . . . 7 7 58 72
Corporate Tax Benefit Related to Exercise
of Non-Qualified Stock Options . . . . . . 18 18
Pooled Operations for the Year Ended
December 31, 1999 . . . . . . . . . . . . . . . . ( 66) ( 66)
Stock Issued in Acquisitions and Other . . . . 17 322 ( 105) (4) 230
Balance at December 31, 1999 . . . . . . . . . . . 1,255 9 897 3,708 (302) — (4) 5,563
Net Income and Nonowner Changes
in Equity, Net of Tax:
Net Income . . . . . . . . . . . . . . . . . . . . . . . . 1,141 1,141
Change in Unrealized Gains on Securities
Available-for-Sale, Net. . . . . . . . . . . . . . 330 330
Net Income and Nonowner Changes in Equity 1,471
Cash Dividends Declared
Fifth Third Bancorp:
Common Stock at $.70 per share. . . . . . ( 325) ( 325)
Pooled Companies Prior to Acquisition:
Common Stock. . . . . . . . . . . . . . . . . . . ( 118) ( 118)
Preferred Stock . . . . . . . . . . . . . . . . . . . ( 1) ( 1)
Shares Acquired for Treasury or Retired. . . . ( 3) ( 58) (181) ( 242)
Stock Options Exercised,
Including Treasury Shares Issued . . . . . . 8 106 114
Corporate Tax Benefit Related to Exercise
of Non-Qualified Stock Options . . . . . . 15 15
Stock Issued in Acquisitions and Other . . . . 3 180 ( 180) 180 2 185
Balance at December 31, 2000 . . . . . . . . . . . 1,263 9 1,140 4,225 28 ( 1) (2) 6,662
Net Income and Nonowner Changes
in Equity, Net of Tax:
Net Income . . . . . . . . . . . . . . . . . . . . . . . . 1,094 1,094
Change in Unrealized Losses on Securities
Available-for-Sale, Net. . . . . . . . . . . . . . ( 10) ( 10)
Change in Unrealized Losses on Qualifying
Cash Flow Hedges, Net of Tax of $6 . . . . ( 10) ( 10)
Net Income and Nonowner Changes in Equity 1,074
Cash Dividends Declared
Fifth Third Bancorp:
Common Stock at $.83 per share. . . . . . ( 460) ( 460)
Preferred Stock . . . . . . . . . . . . . . . . . . . (1) (1)
Pooled Companies Prior to Acquisition:
Common Stock. . . . . . . . . . . . . . . . . . . ( 51) ( 51)
Conversion of Subordinated Debentures
to Common Stock. . . . . . . . . . . . . . . . . 10 158 168
Shares Acquired for Treasury. . . . . . . . . . . . ( 15) ( 15)
Stock Options Exercised,
Including Treasury Shares Issued . . . . . . 9 99 11 119
Corporate Tax Benefit Related to Exercise
of Non-Qualified Stock Options . . . . . . 22 22
Stock Issued in Acquisitions and Other . . . . 12 76 30 1 2 121
Balance at December 31, 2001 . . . . . . . . . . . $1,294 9 1,495 4,837 8 ( 4) —7,639
See Notes to Consolidated Financial Statements.