TCF Bank 2010 Annual Report Download - page 107

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• 91 •
2010 Form 10-K
The following table sets forth certain information of each of TCF’s reportable segments, including a reconciliation of TCF’s
consolidated totals.
Retail Wholesale Treasury Support
(In thousands) Banking Banking Services Services Eliminations Consolidated
At or For the Year Ended
December 31, 2010:
Revenues from external customers:
Interest income $ 412,038 $ 454,154 $ 103,685 $ – $ – $ 969,877
Non-interest income 409,601 98,714 33,188 (3,518) – 537,985
Total $ 821,639 $ 552,868 $ 136,873 $ (3,518) $ – $ 1,507,862
Net interest income $ 442,984 $ 251,660 $ 5,725 $ (1,167) $ – $ 699,202
Provision for credit losses 140,616 94,040 1,781 – – 236,437
Non-interest income 409,601 98,714 33,188 138,369 (141,887) 537,985
Non-interest expense 562,799 191,320 9,767 141,125 (141,887) 763,124
Income tax expense (benefit) 56,124 22,169 11,138 (1,666) – 87,765
Income (loss) after income tax expense 93,046 42,845 16,227 (2,257) – 149,861
Income attributable to
non-controlling interest – 3,297 – – – 3,297
Net income (loss) $ 93,046 $ 39,548 $ 16,227 $ (2,257) $ – $ 146,564
Total assets $7,590,149 $7,823,331 $ 6,200,121 $216,869 $(3,365,445) $18,465,025
At or For the Year ended
December 31, 2009:
Revenues from external customers:
Interest income $ 433,304 $ 408,876 $ 116,001 $ – $ – $ 958,181
Non-interest income 418,046 77,238 32,292 (1,721) – 525,855
Total $ 851,350 $ 486,114 $ 148,293 $ (1,721) $ – $ 1,484,036
Net interest income $ 403,180 $ 206,277 $ 22,988 $ 561 $ – $ 633,006
Provision for credit losses 178,029 78,693 1,814 – – 258,536
Non-interest income 418,046 77,238 32,292 142,261 (143,982) 525,855
Non-interest expense 599,045 156,204 8,255 148,262 (143,982) 767,784
Income tax expense (benefit) 17,526 17,432 17,790 (6,894) – 45,854
Income after income tax expense 26,626 31,186 27,421 1,454 – 86,687
Loss attributable to
non-controlling interest – (410) – – – (410)
Net income $ 26,626 $ 31,596 $ 27,421 $ 1,454 $ – $ 87,097
Total assets $ 7,655,815 $ 7,544,398 $ 5,549,107 $124,578 $ (2,988,723) $ 17,885,175
At or For the Year Ended
December 31, 2008:
Revenues from external customers:
Interest income $ 459,639 $ 359,914 $ 144,842 $ – $ – $ 964,395
Non-interest income 419,948 60,639 17,113 735 – 498,435
Total $ 879,587 $ 420,553 $ 161,955 $ 735 $ – $ 1,462,830
Net interest income $ 378,722 $ 147,139 $ 66,981 $ 831 $ – $ 593,673
Provision for credit losses 136,646 52,834 2,565 – – 192,045
Non-interest income 419,948 60,639 17,113 141,309 (140,574) 498,435
Non-interest expense 571,831 119,072 6,920 137,154 (140,574) 694,403
Income tax expense 28,244 14,018 26,044 8,396 – 76,702
Net income (loss) $ 61,949 $ 21,854 $ 48,565 $ (3,410) $ – $ 128,958
Total assets $ 7,583,605 $ 6,200,288 $ 5,108,534 $ 94,605 $ (2,246,675) $ 16,740,357