TCF Bank 2007 Annual Report Download - page 93

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2007 Form 10-K | 73
The following table sets forth certain information of each of TCF’s reportable segments, including a reconciliation of TCF’s
consolidated totals. The “other” category in the table below includes TCF’s parent company, corporate functions and
mortgage banking.
Leasing and Eliminations
Equipment and
(In thousands) Banking Finance Other Reclassifications Consolidated
At or For the Year Ended
December 31, 2007:
Revenues from external customers:
Interest income $ 820,516 $ 147,507 $ – $ – $ 968,023
Non-interest income 481,346 59,152 959 – 541,457
Total $ 1,301,862 $ 206,659 $ 959 $ – $ 1,509,480
Net interest income $ 485,535 $ 65,356 $ (714) $ – $ 550,177
Provision for credit losses 51,741 5,251 – – 56,992
Non-interest income 481,346 59,152 156,899 (155,940) 541,457
Non-interest expense 594,691 65,351 158,022 (155,940) 662,124
Income tax expense (benefit) 88,389 19,330 (2,009) – 105,710
Net income $ 232,060 $ 34,576 $ 172 $ – $ 266,808
Total assets $15,478,259 $2,281,781 $144,582 $(1,927,568) $15,977,054
At or For the Year Ended
December 31, 2006:
Revenues from external customers:
Interest income $ 763,846 $ 122,292 $ – $ – $ 886,138
Non-interest income 428,413 53,004 8,047 – 489,464
Total $ 1,192,259 $ 175,296 $ 8,047 $ – $ 1,375,602
Net interest income $ 477,453 $ 58,659 $ 445 $ 973 $ 537,530
Provision for credit losses 18,121 2,568 – – 20,689
Non-interest income 428,413 53,004 134,645 (126,598) 489,464
Non-interest expense 585,512 56,932 132,378 (125,625) 649,197
Income tax expense (benefit) 93,786 18,773 (394) – 112,165
Net income $ 208,447 $ 33,390 $ 3,106 $ – $ 244,943
Total assets $14,256,595 $ 1,989,230 $131,509 $ (1,707,600) $ 14,669,734
At or For the Year Ended
December 31, 2005:
Revenues from external customers:
Interest income $ 634,312 $ 97,596 $ 114 $ – $ 732,022
Non-interest income 425,017 47,465 5,760 – 478,242
Total $ 1,059,329 $ 145,061 $ 5,874 $ – $ 1,210,264
Net interest income $ 455,549 $ 57,014 $ 2,780 $ 2,347 $ 517,690
Provision for credit losses 4,593 3,993 – – 8,586
Non-interest income 425,017 47,465 125,337 (119,577) 478,242
Non-interest expense 549,586 48,596 125,984 (117,230) 606,936
Income tax expense 96,505 18,493 280 – 115,278
Net income $ 229,882 $ 33,397 $ 1,853 $ – $ 265,132
Total assets $12,931,312 $ 1,635,528 $195,355 $ (1,373,601) $ 13,388,594