TCF Bank 2010 Annual Report Download - page 68

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• 52 • TCF Financial Corporation and Subsidiaries
Consolidated Statements of Financial Condition
At December 31,
(Dollars in thousands, except per-share data) 2010 2009
Assets
Cash and due from banks $ 663,901 $ 299,127
Investments 179,768 163,692
Securities available for sale 1,931,174 1,910,476
Loans and leases:
Consumer real estate and other 7,195,269 7,331,991
Commercial 3,646,203 3,718,519
Leasing and equipment finance 3,154,478 3,071,429
Inventory finance 792,354 468,805
Total loans and leases 14,788,304 14,590,744
Allowance for loan and lease losses (265,819) (244,471)
Net loans and leases 14,522,485 14,346,273
Premises and equipment, net 443,768 447,930
Goodwill 152,599 152,599
Other assets 571,330 565,078
Total assets $18,465,025 $17,885,175
Liabilities and Equity
Deposits:
Checking $ 4,530,064 $ 4,400,290
Savings 5,390,802 5,339,955
Money market 635,922 640,569
Certificates of deposit 1,028,327 1,187,505
Total deposits 11,585,115 11,568,319
Short-term borrowings 126,790 244,604
Long-term borrowings 4,858,821 4,510,895
Total borrowings 4,985,611 4,755,499
Accrued expenses and other liabilities 414,136 381,602
Total liabilities 16,984,862 16,705,420
Equity:
Preferred stock, par value $.01 per share, 30,000,000 shares authorized;
none issued and outstanding – –
Common stock, par value $.01 per share, 280,000,000 shares authorized;
142,965,012 and 130,339,500 shares issued 1,430 1,303
Additional paid-in capital 459,884 297,429
Retained earnings, subject to certain restrictions 1,064,978 946,002
Accumulated other comprehensive loss (31,514) (18,545)
Treasury stock at cost, 51,160 and 1,136,688 shares, and other (23,115) (50,827)
Total TCF Financial Corporation stockholders’ equity 1,471,663 1,175,362
Non-controlling interest in subsidiaries 8,500 4,393
Total equity 1,480,163 1,179,755
Total liabilities and equity $18,465,025 $17,885,175
See accompanying notes to consolidated financial statements.