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Non-GAAP Reconciliation Note: Core results exclude acquisition, divestiture, systems conversion, accounting correction, discontinued operations and restructuring net charges after tax 20 (Dollars in thousands) 2012 2013 2014 1H15 Net income 33,188 $ 41,143 $ 33,744 $ 18,803 $ Non-core revenue (net) (1,485) (6,045) 9,691 (2,418) Non-core expense (net) 18,019 15,348 8,492 13,132 Income taxes (6,114) (3,750) (7,185) (2,587) Net (income) loss from discontinued operations 637 - - - Total core income (A) 44,245 $ 46,696 $ 44,742 $ 26,930 $ Amortization of intangible assets (after tax) 3,203 $ 3,161 $ 2,887 $ 1,835 $ Total core tangible income (B) 47,448 $ 49,857 $ 47,629 $ 28,765 $ Total non-interest income 54,056 $ 58,232 $ 47,770 $ 29,342 $ Non-core revenue (net) (1,485) (6,045) 9,691 (2,418) Net interest income 143,388 168,752 178,691 98,130 Total core revenue 195,959 $ 220,939 $ 236,152 $ 125,054 $ Total non-interest expense 140,806 $ 157,359 $ 165,986 $ 99,173 $ Less: Non-core expense (net) (18,019) (15,348) (8,492) (13,132) Core non-interest expense 122,787 142,011 157,494 86,041 (Dollars in millions, except per share data) Total average assets (C) 4,532 $ 5,306 $ 6,171 $ 6,846 $ Total average equity (D) 586 $ 675 $ 693 $ 748 $ Total average intangible assets 242 272 278 289 Total average tangible equity (E) 344 $ 403 $ 415 $ 459 $ Total stockholders' equity, period-end 667 $ 678 $ 709 $ 827 $ Less: Intangible assets, period-end (274) (271) (276) (320) Total tangible stockholders' equity, period-end (F) 393 $ 407 $ 433 $ 507 $ Total shares outstanding, period-end ( thousands ) (G) 25,148 25,036 25,183 29,521 Average diluted shares outstanding ( thousands ) (H) 22,329 24,965 24,854 26,713 Core earnings per common share, diluted (A/H) 1.98 $ 1.87 $ 1.80 $ 1.01 $ Tangible book value per share, period-end (F/G) 15.63 $ 16.27 $ 17.19 $ 17.16 $ Core return on assets (A/C) 0.98 % 0.88 % 0.73 % 0.79 % Core return on equity (A/D) 7.52 6.92 6.46 7.20 Core return on tangible equity (B/E) 13.77 12.37 11.48 12.23 |