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BUSINESS SEGMENTS (Tables) | 9 Months Ended
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Sep. 30, 2015
Segment Reporting [Abstract] |
Operating results and key financial measures for operating segments | The following tables present the operating results and other key financial measures for the individual operating segments for the three and nine months ended September 30, 2015 and 2014:
|  | Three Months Ended September 30, 2015
($ in thousands) |  | Retail Banking |  | Commercial Banking |  | Other |  | Total
Interest income |  | $ | 81,911 |  |  | $ | 166,693 |  |  | $ | 16,028 |  |  | $ | 264,632 |
Charge for funds used |  | (20,795 | ) |  | (41,447 | ) |  | (20,485 | ) |  | (82,727 | )
Interest spread on funds used |  | 61,116 |  |  | 125,246 |  |  | (4,457 | ) |  | 181,905 |
Interest expense |  | (13,727 | ) |  | (4,765 | ) |  | (5,851 | ) |  | (24,343 | )
Credit on funds provided |  | 68,783 |  |  | 8,849 |  |  | 5,095 |  |  | 82,727 |
Interest spread on funds provided |  | 55,056 |  |  | 4,084 |  |  | (756 | ) |  | 58,384 |
Net interest income (loss) |  | $ | 116,172 |  |  | $ | 129,330 |  |  | $ | (5,213 | ) |  | $ | 240,289 |
Provision for credit losses |  | $ | 1,455 |  |  | $ | 6,281 |  |  | $ | — |  |  | $ | 7,736 |
Depreciation, amortization and accretion (1) |  | $ | 1,827 |  |  | $ | (13,496 | ) |  | $ | 18,765 |  |  | $ | 7,096 |
Goodwill |  | $ | 357,207 |  |  | $ | 112,226 |  |  | $ | — |  |  | $ | 469,433 |
Segment pre-tax profit (loss) |  | $ | 52,325 |  |  | $ | 96,605 |  |  | $ | (9,941 | ) |  | $ | 138,989 |
Segment assets |  | $ | 7,274,494 |  |  | $ | 17,125,065 |  |  | $ | 6,720,117 |  |  | $ | 31,119,676 |
|  | Three Months Ended September 30, 2014
($ in thousands) |  | Retail Banking |  | Commercial Banking |  | Other |  | Total
Interest income |  | $ | 95,911 |  |  | $ | 175,032 |  |  | $ | 15,005 |  |  | $ | 285,948 |
Charge for funds used |  | (24,738 | ) |  | (35,809 | ) |  | (15,265 | ) |  | (75,812 | )
Interest spread on funds used |  | 71,173 |  |  | 139,223 |  |  | (260 | ) |  | 210,136 |
Interest expense |  | (12,057 | ) |  | (4,692 | ) |  | (12,225 | ) |  | (28,974 | )
Credit on funds provided |  | 60,770 |  |  | 9,908 |  |  | 5,134 |  |  | 75,812 |
Interest spread on funds provided |  | 48,713 |  |  | 5,216 |  |  | (7,091 | ) |  | 46,838 |
Net interest income (loss) |  | $ | 119,886 |  |  | $ | 144,439 |  |  | $ | (7,351 | ) |  | $ | 256,974 |
Provision for credit losses |  | $ | 394 |  |  | $ | 14,831 |  |  | $ | — |  |  | $ | 15,225 |
Depreciation, amortization and accretion (1) (2) |  | $ | 4,806 |  |  | $ | (412 | ) |  | $ | 34,499 |  |  | $ | 38,893 |
Goodwill |  | $ | 354,163 |  |  | $ | 104,304 |  |  | $ | — |  |  | $ | 458,467 |
Segment pre-tax profit (loss) (2) |  | $ | 45,163 |  |  | $ | 49,364 |  |  | $ | (9,228 | ) |  | $ | 85,299 |
Segment assets (2) |  | $ | 7,775,343 |  |  | $ | 14,879,699 |  |  | $ | 5,829,127 |  |  | $ | 28,484,169 |
(1) | Includes amortization and accretion related to the FDIC indemnification asset.
(2) | Prior periods were restated to reflect the retrospective application of adopting the new accounting guidance related to the Company’s investments in qualified affordable housing projects ASU 2014-01. See Note 10 — Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net to the Consolidated Financial Statements for additional information.
|  | Nine Months Ended September 30, 2015
($ in thousands) |  | Retail Banking |  | Commercial Banking |  | Other |  | Total
Interest income |  | $ | 252,085 |  |  | $ | 482,816 |  |  | $ | 48,437 |  |  | $ | 783,338 |
Charge for funds used |  | (65,452 | ) |  | (117,125 | ) |  | (43,653 | ) |  | (226,230 | )
Interest spread on funds used |  | 186,633 |  |  | 365,691 |  |  | 4,784 |  |  | 557,108 |
Interest expense |  | (38,946 | ) |  | (13,738 | ) |  | (27,156 | ) |  | (79,840 | )
Credit on funds provided |  | 187,401 |  |  | 24,859 |  |  | 13,970 |  |  | 226,230 |
Interest spread on funds provided |  | 148,455 |  |  | 11,121 |  |  | (13,186 | ) |  | 146,390 |
Net interest income (loss) |  | $ | 335,088 |  |  | $ | 376,812 |  |  | $ | (8,402 | ) |  | $ | 703,498 |
(Reversal of) provision for credit losses |  | $ | (1,268 | ) |  | $ | 17,485 |  |  | $ | — |  |  | $ | 16,217 |
Depreciation, amortization and accretion (1) |  | $ | 6,743 |  |  | $ | (30,027 | ) |  | $ | 40,625 |  |  | $ | 17,341 |
Goodwill |  | $ | 357,207 |  |  | $ | 112,226 |  |  | $ | — |  |  | $ | 469,433 |
Segment pre-tax profit (loss) |  | $ | 160,609 |  |  | $ | 287,049 |  |  | $ | (17,422 | ) |  | $ | 430,236 |
Segment assets |  | $ | 7,274,494 |  |  | $ | 17,125,065 |  |  | $ | 6,720,117 |  |  | $ | 31,119,676 |
|  | Nine Months Ended September 30, 2014
($ in thousands) |  | Retail Banking |  | Commercial Banking |  | Other |  | Total
Interest income |  | $ | 294,428 |  |  | $ | 525,987 |  |  | $ | 46,148 |  |  | $ | 866,563 |
Charge for funds used |  | (72,888 | ) |  | (101,907 | ) |  | (29,578 | ) |  | (204,373 | )
Interest spread on funds used |  | 221,540 |  |  | 424,080 |  |  | 16,570 |  |  | 662,190 |
Interest expense |  | (35,718 | ) |  | (11,393 | ) |  | (38,062 | ) |  | (85,173 | )
Credit on funds provided |  | 163,102 |  |  | 27,328 |  |  | 13,943 |  |  | 204,373 |
Interest spread on funds provided |  | 127,384 |  |  | 15,935 |  |  | (24,119 | ) |  | 119,200 |
Net interest income (loss) |  | $ | 348,924 |  |  | $ | 440,015 |  |  | $ | (7,549 | ) |  | $ | 781,390 |
Provision for credit losses |  | $ | 2,606 |  |  | $ | 27,552 |  |  | $ | — |  |  | $ | 30,158 |
Depreciation, amortization and accretion (1) (2) |  | $ | 11,473 |  |  | $ | (5,026 | ) |  | $ | 56,467 |  |  | $ | 62,914 |
Goodwill |  | $ | 354,163 |  |  | $ | 104,304 |  |  | $ | — |  |  | $ | 458,467 |
Segment pre-tax profit (loss) (2) |  | $ | 138,518 |  |  | $ | 204,134 |  |  | $ | (18,224 | ) |  | $ | 324,428 |
Segment assets (2) |  | $ | 7,775,343 |  |  | $ | 14,879,699 |  |  | $ | 5,829,127 |  |  | $ | 28,484,169 |
(1) | Includes amortization and accretion related to the FDIC indemnification asset.
(2) | Prior periods were restated to reflect the retrospective application of adopting the new accounting guidance related to the Company’s investments in qualified affordable housing projects ASU 2014-01. See Note 10 — Investments in Qualified Affordable Housing Partnerships, Tax Credit and Other Investments, Net to the Consolidated Financial Statements for additional information.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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