Regions Bank 2012 Annual Report Download - page 139

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)
Net income ........................... — — — — — 1,120 — — 1,120
Net change in unrealized gains and losses on
securities available for sale, net of tax and
reclassification adjustment ............. — — — — — — — 114 114
Net change in unrealized gains and losses on
derivative instruments, net of tax and
reclassification adjustment ............. — — — — — — — 9 9
Net change from defined benefit pension
plans, net of tax ...................... — — — — — — — 11 11
Cash dividends declared — $0.04 per
share(1) ............................. — — — — (54) — — — (54)
Preferred dividends:
U.S. Treasury preferred stock
dividends ....................... — — — — — (44) — — (44)
Series A preferred stock dividends ..... — (4) — — — — — — (4)
Preferred stock transactions:
Discount accretion .................. — 10 — — — (10) — — —
Repurchase of Series A preferred stock
issued to the U.S. Treasury and
associated accelerated accretion ..... (4) (3,429) — — — (71) — — (3,500)
Repurchase of warrant from the U.S.
Treasury ........................ — — — — (45) — — — (45)
Net proceeds from issuance of
500 thousand shares of Series A, non-
cumulative perpetual preferred stock,
including related surplus ........... 1 486 — — — — — — 486
Common stock transactions:
Net proceeds from issuance of
153 million shares of common
stock .......................... — — 153 2 873 — — — 875
Impact of stock transactions under
compensation plans, net ........... — — 1 — 23 (11) 20 — 32
BALANCE AT DECEMBER 31, 2012 .... 1 $ 482 1,413 $ 15 $19,652 $(3,338) $(1,377) $ 65 $15,499
(1) Prior period amounts have been reclassified to correct an error in classification. Refer to Note 14 “Stockholder’s Equity and
Accumulated Other Comprehensive Income (Loss)” for further discussion.
See notes to consolidated financial statements.
123