TCF Bank 2012 Annual Report Download - page 76

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Consolidated Statements of Equity
TCF Financial Corporation
(Dollars in thousands)
Number of Shares Issued
Preferred
Stock
Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Treasury
Stock and
Other Total
Non-
controlling
Interests
Total
EquityPreferred Common
Balance, December 31, 2009 – 130,339,500 $ – $1,303 $297,429 $ 925,797 $ 1,660 $(50,827) $1,175,362 $ 4,393 $1,179,755
Net income attributable to
TCF Financial Corporation – – – – – 150,947 – – 150,947 3,297 154,244
Other comprehensive (loss) – – – – – – (17,352) – (17,352) – (17,352)
Public offering of common stock – 12,322,250 – 124 164,443 – – – 164,567 – 164,567
Net investment by non-controlling interest – – – – – – – – – 810 810
Dividends on common stock – – – – – (27,617) – – (27,617) – (27,617)
Grants of restricted stock, 347,916 shares – 20,000 – – (8,491) – – 8,491 – – –
Common shares purchased by TCF
employee benefit plans – 442,579 – 4 6,358 – – – 6,362 – 6,362
Treasury shares sold to TCF employee
benefit plans, 757,612 shares – – – – (7,893) – – 19,620 11,727 – 11,727
Cancellation of shares of restricted stock – (23,723) – – (247) 29 – – (218) – (218)
Cancellation of common shares for
tax withholding – (135,594) – (1) (1,946) – – – (1,947) – (1,947)
Amortization of stock compensation – – – – 9,534 – – – 9,534 – 9,534
Stock compensation tax benefits – – – – 298 – – – 298 – 298
Change in shares held in trust for
deferred compensation plans, at cost – – – – 399 – – (399) – – –
Balance, December 31, 2010 – 142,965,012 $ – $1,430 $459,884 $1,049,156 $(15,692) $(23,115) $1,471,663 $ 8,500 $1,480,163
Net income attributable to
TCF Financial Corporation – – – – – 109,394 – – 109,394 4,993 114,387
Other comprehensive income – – – – – – 72,518 – 72,518 – 72,518
Public offering of common stock – 15,081,968 – 151 219,515 – – – 219,666 – 219,666
Net distribution to non-controlling interest – – – – – – – – – (2,999) (2,999)
Dividends on common stock – – – – – (30,772) – – (30,772) – (30,772)
Grants of restricted stock, 1,256,094 shares – 1,247,500 – 12 (234) – – 222 – – –
Common shares purchased by TCF employee
benefit plans – 1,402,505 – 14 17,957 – – – 17,971 – 17,971
Cancellation of shares of restricted stock – (120,886) – (1) (620) 45 – – (576) – (576)
Cancellation of common shares for
tax withholding – (209,719) – (2) (3,114) – – – (3,116) – (3,116)
Amortization of stock compensation – – – – 11,105 – – – 11,105 – 11,105
Stock compensation tax benefits – – – – 280 – – – 280 – 280
Change in shares held in trust for deferred
compensation plans, at cost – – – – 10,474 – – (10,474) – – –
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 loss – – – – – – (44,383) – (44,383) – (44,383)
Public offering of preferred stock 4,006,900 – 263,240 – – – – – 263,240 – 263,240
Net 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 shares – 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)
Amortization of stock compensation – – – – 11,108 – – – 11,108 – 11,108
Stock compensation tax expense – – – – (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
See accompanying notes to consolidated financial statements.
{ 60 } { TCF Financial Corporation and Subsidiaries }