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Non-Gaap
Reconciliation Note: See footnote on page 16 for description of non-core
items 12 (Dollars in thousands) 2010 2011 2012 2013 1H14 Net income 13,615 $ 17,348 $ 33,188 $ 41,143 $ 10,358 $ Less: Non-core revenue (net) - (2,113)
(1,485) (6,045) 9,936 Non-core expense (net) 447 19,928 18,019 15,348 6,492
Income taxes (87) (6,547) (6,114) (3,750) (5,459) Net (income) loss from
discontinued operations - (914) 637 - - Total core income (A) 13,975 $ 27,714
$ 44,245 $ 46,696 $ 21,327 $ Amortization of intangible assets (after tax)
1,813 $ 2,542 $ 3,203 $ 3,161 $ 1,548 $ Total core tangible income (B) 15,788
$ 30,256 $ 47,448 $ 49,857 $ 22,875 $ Total non-interest income 29,751 $ 35,803
$ 54,056 $ 58,232 $ 18,929 $ Less: Non-core revenue (net) - (2,113) (1,485)
(6,045) 9,936 Net interest income 76,947 106,520 143,388 168,752 87,095 Total
core revenue 106,698 $ 140,210 $ 195,959 $ 220,939 $ 115,960 $ Total
non-interest expense 82,137 $ 116,442 $ 140,806 $ 157,359 $ 84,623 $ Less:
Non-core expense (net) (447) (19,928) (18,019) (15,348) (6,492) Core
non-interest expense 81,690 96,514 122,787 142,011 78,131 (Dollars in
millions, except per share data) Total average assets (C) 2,743 $ 3,484 $ 4,532 $ 5,306 $ 5,999 $ Total average equity (D) 383 $ 476 $ 586 $ 675 $ 692
$ Total average intangible assets 174 207 242 272 279 Total average tangible
equity (E) 209 $ 269 $ 344 $ 403 $ 413 $ Total stockholders' equity,
period-end 387 $ 552 $ 667 $ 678 $ 690 $ Less: Intangible assets, period-end
(173) (223) (274) (271) (279) Total tangible stockholders' equity, period-end
(F) 214 $ 329 $ 393 $ 407 $ 411 $ Total shares outstanding, period-end (
thousands ) (G) 14,076 21,148 25,148 25,036 25,115 Average diluted shares
outstanding ( thousands ) (H) 13,896 17,952 22,329 24,965 24,821 Core
earnings per common share, diluted (A/H) 1.00 $ 1.54 $ 1.98 $ 1.87 $ 0.86 $ Tangible book value per share, period-end (F/G) 15.22 $ 15.53 $ 15.63 $ 16.27
$ 16.40 $ Core return on assets (A/C) 0.51 % 0.80 % 0.98 % 0.88 % 0.71 Core
return on equity (A/D) 3.65 5.76 7.52 6.92 6.17 Core return on tangible
equity (B/E) 7.57 11.27 13.77 12.37 11.09
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