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Non-GAAP
Reconciliation Note: See footnote on next page for description of non-core
items 20 (Dollars in thousands) 2011 2012 2013 2014 Net income 17,348 $ 33,188 $ 41,143 $ 33,744 $ Non-core revenue (net) (2,113) (1,485) (6,045)
9,691 Non-core expense (net) 19,928 18,019 15,348 8,492 Income taxes (6,547)
(6,114) (3,750) (7,185) Net (income) loss from discontinued operations (914)
637 - - Total core income (A) 27,714 $ 44,245 $ 46,696 $ 44,742 $ Amortization of intangible assets (after tax) 2,542 $ 3,203 $ 3,161 $ 2,887 $ Total core tangible income (B) 30,256 $ 47,448 $ 49,857 $ 47,629 $ Total
non-interest income 35,803 $ 54,056 $ 58,232 $ 47,770 $ Non-core revenue
(net) (2,113) (1,485) (6,045) 9,691 Net interest income 106,520 143,388
168,752 178,691 Total core revenue 140,210 $ 195,959 $ 220,939 $ 236,152 $ Total non-interest expense 116,442 $ 140,806 $ 157,359 $ 165,986 $ Less:
Non-core expense (net) (19,928) (18,019) (15,348) (8,492) Core non-interest
expense 96,514 122,787 142,011 157,494 (Dollars in millions, except per share
data) Total average assets (C) 3,484 $ 4,532 $ 5,306 $ 6,171 $ Total average
equity (D) 476 $ 586 $ 675 $ 693 $ Total average intangible assets 207 242
272 278 Total average tangible equity (E) 269 $ 344 $ 403 $ 415 $ Total
stockholders' equity, period-end 552 $ 667 $ 678 $ 709 $ Less: Intangible
assets, period-end (223) (274) (271) (276) Total tangible stockholders'
equity, period-end (F) 329 $ 393 $ 407 $ 433 $ Total shares outstanding,
period-end ( thousands ) (G) 21,148 25,148 25,036 25,183 Average diluted
shares outstanding ( thousands ) (H) 17,952 22,329 24,965 24,854 Core
earnings per common share, diluted (A/H) 1.54 $ 1.98 $ 1.87 $ 1.80 $ Tangible
book value per share, period-end (F/G) 15.53 $ 15.63 $ 16.27 $ 17.19 $ Core
return on assets (A/C) 0.80 % 0.98 % 0.88 % 0.73 Core return on equity (A/D)
5.76 7.52 6.92 6.46 Core return on tangible equity (B/E) 11.27 13.77 12.37
11.48
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