Regions Bank 2009 Annual Report Download - page 130

REGIONS FINANCIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY—Continued
Preferred Stock Common Stock Additional
Paid-In
Capital
Retained
Earnings
(Deficit)
Treasury
Stock,
At Cost
Accumulated
Other
Comprehensive
Income (Loss) TotalShares Amount Shares Amount
(In millions, except share and per share data)
Comprehensive income:
Net income (loss) .................... — — — — — (1,031) — — (1,031)
Net change in unrealized gains and losses
on securities available for sale, net of
tax and reclassification adjustment .... — — — — — — — 277 277
Net change in unrealized gains and losses
on derivative instruments, net of tax
and reclassification adjustment(1) ..... — — — — — — — (133) (133)
Net change from defined benefit pension
plans, net of tax(1) ................. — — — — — — — 8 8
Comprehensive loss ...................... (879)
Cash dividends declared—$0.13 per share .... — — — — — (105) — — (105)
Preferred dividends ...................... — — — — — (194) — — (194)
Preferred stock transactions:
Proceeds from issuance of 287,500 shares
of mandadatority convertible preferred
stock ............................ — 278 — — — — — — 278
Discount accretion ................... — 36 — — — (36) — — —
Conversion of Series B shares .......... — (19) — — — — — — (19)
Common stock transactions:
Net proceeds from issuance of 460 million
shares of common stock ............ — — 460 5 1,764 — — — 1,769
Issuance of 33 million shares of common
stock issued in connection with early
extinguishment of debt ............. — — 33 — 135 — — — 135
Conversion of Series B shares .......... — — 5 — 19 — — — 19
Stock transactions with employees under
compensation plans, net ............ — — 4 — — — 16 — 16
Stock options exercised and related
activity, net ...................... — — — — 14 — — — 14
Amortization of unearned restricted stock .... — — — — 34 — — — 34
BALANCE AT DECEMBER 31, 2009 ..... 4 $3,602 1,193 $ 12 $18,781 $(3,235) $(1,409) $ 130 $17,881
(1) See disclosure of reclassification adjustment amount and tax effect, as applicable, in Note 15 to consolidated financial statements.
See notes to consolidated financial statements.
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