Regions Bank 2013 Annual Report Download - page 2

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(In millions, except per share data, branch outlets and ATMs) 2013 2012 2011
EARNINGS SUMMARY
Income (loss) from continuing operations available to common shareholders $ 1,103 $ 1,050 $ (25)
Net income (loss) available to common shareholders 1,090 991 (429)
Earnings (loss) per common share from continuing operations – diluted 0.78 0.76 (0.02)
Earnings (loss) per common share – diluted 0.77 0.71 (0.34)
BALANCE SHEET SUMMARY
At year-end
Loans, net of unearned income $ 74,609 $ 73,995 $ 77,594
Assets 117,396 121,347 127,050
Deposits 92,453 95,474 95,627
Long-term debt 4,830 5,861 8,110
Stockholders’ equity 15,768 15,499 16,499
Average balances – Continuing Operations
Loans, net of unearned income $ 74,924 $ 76,035 $ 80,673
Assets 117,805 122,182 126,719
Deposits 92,646 95,330 95,671
Long-term debt 5,206 6,694 11,240
Stockholders’ equity 15,502 15,035 15,350
SELECTED RATIOS
Tangible common stockholders’ equity to tangible assets (non-GAAP)* 9.24% 8.63% 6.58%
Allowance for loan losses as a percentage of loans, net of unearned income 1.80 2.59 3.54
Allowance for credit losses as a percentage of loans,
net of unearned income 1.90 2.71 3.64
Adjusted efficiency ratio (non-GAAP)* 65.42 64.42 64.56
Tier 1 Common (non-GAAP)* 11.21 10.84 8.51
Tier 1 Capital 11.68 12.00 13.28
OTHER INFORMATION
Basic Weighted-average number of common shares outstanding 1,395 1,381 1,258
Diluted Weighted-average number of common shares outstanding 1,410 1,387 1,258
Total Branch Outlets 1,705 1,711 1,726
ATMs 2,029 2,054 2,083
*See Table 2 in Form 10-K for GAAP to non-GAAP reconciliations.
FINANCIAL HIGHLIGHTS