Regions Bank 2011 Annual Report Download - page 236

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The following tables present financial information for each reportable segment for the years ended
December 31:
Year Ended December 31, 2011
Investment Banking/
Brokerage/Trust
Banking/
Treasury Insurance
Continuing
Operations
Discontinued
Operations
Total
Company
(In millions)
Net interest income .......................... $ 3,375 $ 2 $ 33 $ 31 $ 3,441
Provision for loan losses ...................... 1,530 — 1,530
Non-interest income .......................... 1,800 136 207 995 3,138
Non-interest expense ......................... 3,342 99 168 942 4,551
Goodwill impairment ......................... — — 253 492 745
Income tax expense (benefit) ................... (52) 14 10 (4) (32)
Net income ................................. $ 355 $ 25 $ (191) $ (404) $ (215)
Average assets .............................. $122,497 $527 $3,695 $3,254 $129,973
Year Ended December 31, 2010
Investment Banking/
Brokerage/Trust
Banking/
Treasury Insurance
Continuing
Operations
Discontinued
Operations
Total
Company
(In millions)
Net interest income .......................... $ 3,364 $ 2 $ 23 $ 43 $ 3,432
Provision for loan losses ...................... 2,863 — 2,863
Non-interest income .......................... 2,152 137 200 1,042 3,531
Non-interest expense ......................... 3,532 95 157 1,001 4,785
Regulatory charge ........................... — — 75 125 200
Income tax expense (benefit) ................... (427) 15 36 30 (346)
Net income (loss) ............................ $ (452) $ 29 $ (45) $ (71) $ (539)
Average assets .............................. $129,618 $513 $2,589 $3,235 $135,955
Year Ended December 31, 2009
Investment Banking/
Brokerage/Trust
Banking/
Treasury Insurance
Continuing
Operations
Discontinued
Operations
Total
Company
(In millions)
Net interest income .......................... $ 3,273 $ 3 $ 17 $ 42 $ 3,335
Provision for loan losses ...................... 3,541 — 3,541
Non-interest income .......................... 2,410 139 216 990 3,755
Non-interest expense ......................... 3,533 96 156 966 4,751
Income tax expense (benefit) ................... (241) 18 29 23 (171)
Net income (loss) ............................ $ (1,150) $ 28 $ 48 $ 43 $ (1,031)
Average assets .............................. $137,664 $494 $1,310 $3,291 $142,759
212