TCF Bank 2015 Annual Report Download - page 73

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Consolidated Statements of Equity
TCF Financial Corporation
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 Equity
(Dollars in thousands) Preferred Common
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
Net income — — — — — 151,668 — — 151,668 7,032 158,700
Other comprehensive income
(loss) — — — — — — (39,656) — (39,656) — (39,656)
Net investment by (distribution
to) non-controlling interest — — — — — — — — — (8,511) (8,511)
Dividends on preferred stock — — — — — (19,065) — — (19,065) — (19,065)
Dividends on common stock — — — — — (32,227) — — (32,227) — (32,227)
Grants of restricted stock — 532,777 — 5 (5) — — — — — —
Common shares purchased by
TCF employee benefit plans — 1,389,819 — 14 20,165 — — — 20,179 — 20,179
Cancellation of shares of
restricted stock — (120,313) — — (299) 25 — — (274) — (274)
Cancellation of common shares
for tax withholding — (66,185) — (1) (954) — — — (955) — (955)
Net amortization of stock
compensation — — — — 10,398 — — — 10,398 — 10,398
Stock compensation tax
(expense) benefit — — — — (473) — — — (473) — (473)
Change in shares held in trust
for deferred compensation
plans, at cost — — — — 769 — — (769) — — —
Balance, December 31, 2013 4,006,900 165,164,861 263,240 1,652 779,641 977,846 (27,213) (42,198) 1,952,968 11,791 1,964,759
Net income — — — — — 174,187 — — 174,187 7,429 181,616
Other comprehensive income
(loss) — — — — — — 16,303 — 16,303 — 16,303
Net investment by (distribution
to) non-controlling interest — — — — — — — — — (5,505) (5,505)
Dividends on preferred stock — — — — — (19,388) — — (19,388) — (19,388)
Dividends on common stock — — — — — (32,731) — — (32,731) — (32,731)
Grants of restricted stock — 1,152,906 — 11 (11) — — — — — —
Common shares purchased by
TCF employee benefit plans — 1,452,837 — 15 23,068 — — — 23,083 — 23,083
Cancellation of shares of
restricted stock — (108,490) — (1) (519) — — — (520) — (520)
Cancellation of common shares
for tax withholding — (205,546) — (2) (3,332) — — — (3,334) — (3,334)
Net amortization of stock
compensation — — — — 9,025 — — — 9,025 — 9,025
Exercise of stock options — 47,000 — — 740 — — — 740 — 740
Stock compensation tax
(expense) benefit — — — — 1,316 — — — 1,316 — 1,316
Change in shares held in trust
for deferred compensation
plans, at cost — — — — 7,202 — — (7,202) — — —
Balance, December 31, 2014 4,006,900 167,503,568 263,240 1,675 817,130 1,099,914 (10,910) (49,400) 2,121,649 13,715 2,135,364
Net income — — — — — 197,123 — — 197,123 8,700 205,823
Other comprehensive income
(loss) — — — — — — (4,436) — (4,436) — (4,436)
Net investment by (distribution
to) non-controlling interest — — — — — — — — — (6,414) (6,414)
Dividends on preferred stock — — — — — (19,388) — — (19,388) — (19,388)
Dividends on common stock — — — — — (37,302) — — (37,302) — (37,302)
Grants of restricted stock — 828,304 — 8 (8) — — — — — —
Common shares purchased by
TCF employee benefit plans — 1,588,111 — 16 24,819 — — — 24,835 — 24,835
Cancellation of shares of
restricted stock — (159,522) — (2) (685) — — — (687) — (687)
Cancellation of common shares
for tax withholding — (73,431) — — (1,166) — — — (1,166) — (1,166)
Net amortization of stock
compensation — — — — 7,160 — — — 7,160 — 7,160
Exercise of stock options — 200,000 — 2 2,568 — — — 2,570 — 2,570
Stock compensation tax
(expense) benefit — — — — 558 — — — 558 — 558
Change in shares held in trust
for deferred compensation
plans, at cost — — — — 1,460 — — (1,460) — — —
Balance, December 31, 2015 4,006,900 169,887,030 $ 263,240 $ 1,699 $ 851,836 $ 1,240,347 $ (15,346) $ (50,860) $ 2,290,916 $ 16,001 $ 2,306,917
See accompanying notes to consolidated financial statements.