PrivateBancorp (PVTB) 8-K PrivateBancorp Reports Second Quarter Earnings Per Share of $0.19

Exhibit 99.1

For further information:

Media Contact:

Amy Yuhn

312-564-1378

ayuhn@theprivatebank.com

Investor Relations Contact:

Sarah Lewensohn

312-564-3894

slewensohn@theprivatebank.com

For Immediate Release

PrivateBancorp Reports Second Quarter Earnings Per Share of $0.19

Earnings per share up 27 percent from first quarter driven by improved credit quality;

Total loans grew $214 million from prior quarter

CHICAGO, July 24, 2012 – PrivateBancorp, Inc. (NASDAQ: PVTB) today reported net income available to common shareholders of $14.1 million, or $0.19 per diluted share, for the second quarter 2012, compared to $5.5 million, or $0.08 per diluted share, for the second quarter 2011, and $10.8 million, or $0.15 per diluted share, for the first quarter 2012. For the six months ended June 30, 2012, the Company had net income available to common shareholders of $24.9 million, or $0.34 per diluted share, compared to $13.0 million, or $0.18 per diluted share, for the six months ended June 30, 2011.

“Continuing to build client relationships and driving overall asset quality improvement led to our highest quarterly profit since the launch of our commercial banking strategy in late 2007,” said Larry D. Richman, President and Chief Executive Officer, PrivateBancorp, Inc. “Persistently low interest rates, along with the competitive commercial banking landscape, have pressured our margins. Overall I am pleased with the steady execution of our strategy and the calling effort of our bankers, which is keeping our pipeline solid.

“I believe our performance over the past year demonstrates the strength of our core commercial business model. Compared to a year ago, total loans have increased more than $760 million, while problem loans have declined almost $470 million. Our consistent and focused business development efforts have helped us add clients and increase product sales, which have led to strong growth in treasury management, capital markets and mortgage. All of this helped drive higher net revenue and improved profits for the quarter as compared to second quarter 2011.”

Highlights

• Net income was $14.1 million, up 30 percent from the first quarter 2012, largely as a result of lower provision for loan losses.

• Net interest income of $105.3 million increased from $104.4 million in the first quarter 2012, as growth in loans offset the impact of net interest margin compression.

• Operating profit of $48.4 million declined $3.9 million from first quarter 2012, primarily as a result of higher net foreclosed property expense.

• Asset quality continued to improve during the quarter with non-performing, special mention and potential problem loans declining 14 percent from March 31, 2012. The provision for loan losses declined to $17.4 million, from $27.6 million in the first quarter of 2012.

• Total loans grew $214.0 million to $9.4 billion at June 30, 2012, driven by growth in commercial and industrial loans from new relationships and existing clients, which now comprise 63 percent of the loan portfolio at quarter end.

Operating Performance

Net revenue was $132.3 million in the second quarter 2012, an increase of 8 percent compared to $122.8 million in the second quarter 2011, and relatively flat as compared to $132.6 million in the first quarter 2012. Operating profit was $48.4 million in the second quarter 2012, compared to $47.1 million in the same period prior year and $52.3 million in the prior quarter. For the second quarter 2012, operating profit declined primarily due to higher net foreclosed property expense, which included $9.2 million of valuation adjustments, with the majority of the adjustments relating to land parcels.

Net interest income was $105.3 million for the second quarter 2012, up 5 percent from $100.5 million for the second quarter 2011 and up 1 percent from $104.4 million for the first quarter 2012. Growth in average loan balances of 5 percent over the past year and the 12 basis point decline in funding costs contributed to a $4.8 million increase in net interest income as compared to the second quarter 2011. In comparison to the first quarter 2012, the 4 percent increase in average loan balances in the second quarter offset the impact of declining yields within the loan and investment portfolios.

Net interest margin was 3.46 percent for the second quarter 2012, up from 3.36 percent in the same period prior year and down from 3.53 percent in the prior quarter. The impact to net interest margin from loan fees this quarter was 4 basis points lower than in the prior quarter. While overall changes in the mix of the loan portfolio over the past year have been favorable to net interest margin, average yields on investments and new loan production are generally trending lower.

Non-interest income was $26.2 million in the second quarter 2012, compared to $21.6 million in the second quarter 2011, and $27.5 million in the first quarter 2012. The 22 percent growth of non-interest income as compared to the second quarter of 2011 was a result of higher volumes in mortgage banking and treasury management, and increased capital markets revenue. Non-interest income declined compared to the first quarter 2012, from lower capital markets revenue. Second quarter capital markets revenue included a negative credit valuation adjustment of $830,000, whereas the first quarter results included a positive credit value adjustment of $19,000.

Expenses

Non-interest expense was $83.9 million for the second quarter 2012, compared to $75.7 million for the second quarter 2011 and $80.2 million for the first quarter 2012. The increase in non-interest expense was primarily driven by net foreclosed property expense, which was up 59 percent compared to the same period prior year and up 44 percent compared to the prior quarter. Net foreclosed property expense included $9.2 million of valuation adjustments.

The effective tax rate for the quarter was 43.0 percent and continues to be impacted by the non-deductibility of certain compensation expense as well as a reduction in tax benefits of previously awarded stock-based compensation. The Company continues to project an effective tax rate for the full year 2012 ranging from 41 to 42 percent.

Credit Quality

The Company’s asset quality continued to improve during the second quarter 2012. Non-performing assets declined to $319.2 million at June 30, 2012, down 30 percent from $454.4 million at June 30, 2011, and down 11 percent from $356.7 million at March 31, 2012. Non-performing assets to total assets were 2.47 percent at June 30, 2012, compared to 3.75 percent a year ago, and 2.83 percent at March 31, 2012. Non-performing loans were $209.3 million at the end of the second quarter 2012, a 37 percent decline from $330.4 million a year ago, and a 10 percent decline from $233.2 million at the end of the first quarter 2012. Non-performing loan inflows were $57.7 million during the second quarter 2012, down $11.9 million from the prior quarter. Special mention and potential problem loans declined 56 percent from the second quarter 2011, and 17 percent from the first quarter 2012. Based on ongoing workout and disposition activity, the Company expects problem assets will continue to trend lower in the second half of 2012, driving further improvement in asset quality metrics.

During the second quarter, the Company disposed of $50.8 million of problem assets, with an incremental charge of 2 percent based on the carrying value net of specific reserves at the time of disposition.

The reduction of the allowance for loan losses reflects the overall improvement in asset quality, the reduced requirement for specific reserves, lower charge-offs, and an increase of recoveries. At June 30, 2012, the allowance for loan losses was $174.3 million, or 1.85 percent of total loans, compared to

$206.3 million, or 2.38 percent of total loans, at June 30, 2011, and $183.8 million, or 1.99 percent of total loans at March 31, 2012. As a percentage of non-performing loans the allowance for loan losses was 83 percent at the end of the second quarter 2012, compared to 62 percent a year ago, and 79 percent at the end of the first quarter 2012.

The Company benefited from $6.9 million of recoveries this quarter, compared to an average of $3.1 million over the last four quarters. Charge-offs declined to $33.9 million for the second quarter 2012, from $45.3 million for the same period prior year and $39.7 million for the prior quarter. The second quarter 2012 provision for loan losses was $17.4 million, excluding covered loan provision, down from $31.7 million in the same period prior year and $27.6 million in the prior quarter.

Credit quality results exclude $244.8 million in covered assets as of the end of the second quarter 2012, referring to certain assets acquired through an FDIC-assisted transaction that are subject to a loss-sharing agreement, compared to $346.5 million in the second quarter 2011 and $276.5 million in the first quarter 2012.

Balance Sheet

Total loans were $9.4 billion at June 30, 2012, compared to $9.2 billion at March 31, 2012. The 2 percent growth in total loans this quarter was primarily from new commercial and industrial relationships, while revolver usage has remained flat over the last several quarters. The Company funded $430.3 million in loans to new relationships during the second quarter 2012.

Commercial and industrial loans continued to grow from March 31, 2012, and comprised 63 percent of the total loan portfolio at June 30, 2012. Total assets were $12.9 billion at June 30, 2012, up from $12.6 billion at March 31, 2012.

Total deposits were $10.7 billion at June 30, 2012, up from $10.4 billion at March 31, 2012. Non-interest bearing deposits comprised 27 percent of total deposits at June 30, 2012, compared to 29 percent of total deposits at March 31, 2012. Brokered deposits were $1.5 billion, or 14 percent of total deposits, at June 30, 2012, as compared to $1.0 billion, or 9 percent of total deposits, at March 31, 2012.

The Company’s investment securities portfolio was $2.4 billion at June 30, 2012, compared to $2.3 billion at March 31, 2012. The securities portfolio is primarily comprised of U.S. government agency backed mortgage pools, agency collateralized mortgage obligations, and investment grade municipal bonds.

Capital

As of June 30, 2012, the Company’s total risk-based capital ratio was 14.12 percent, the Tier 1 risk-based capital ratio was 12.25 percent and the leverage ratio was 11.20 percent. Tier 1 common capital ratio was 8.05 percent and tangible common equity ratio was 7.67 percent at the end of the second quarter 2012.

Quarterly Conference Call and Webcast Presentation

PrivateBancorp will host a conference call on Tuesday, July 24, 2012, at 10 a.m. CT. The call may be accessed by telephone at (888) 782-9127 (U.S. and Canada) or (706) 634-5643 (International) and entering passcode #93482670. A live webcast of the call can be accessed on the Company website at www.theprivatebank.com by visiting the Investor Relations tab under the About Us section. A rebroadcast will be available beginning approximately two hours after the call until midnight on July 26, 2012, by calling (855) 859-2056 (U.S. and Canada) or (404) 537-3406 (International) and entering passcode # 93482670.

About PrivateBancorp, Inc.

PrivateBancorp, Inc., through its subsidiaries, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities we serve. As of June 30, 2012, the Company had 34 offices in 9 states and $12.9 billion in assets. The Company website is www.theprivatebank.com.

Forward-Looking Statements

Statements contained in this press release that are not historical facts may constitute forward-looking statements within the meaning of federal securities laws. Our ability to predict results or the actual effects of future plans, strategies or events is inherently uncertain. Factors which could cause actual results to differ from those reflected in forward-looking statements include, but are not limited to: unforeseen credit quality problems or further deterioration in problem assets that could result in charge-offs greater than we have anticipated in our allowance for loan losses; adverse developments impacting one or more large credits; the extent of further deterioration in real estate values in our market areas, particularly in the Chicago area; difficulties in resolving problem credits or slower than anticipated dispositions of other real estate owned which may result in increased losses or higher credit-related operating costs; continued uncertainty regarding U.S. and global economic recovery and economic outlook, and ongoing volatility in market conditions, that may impact credit quality or prolong weakness in demand for loans or other banking products and services; unanticipated withdrawals of significant client deposits; the availability of cost-effective sources of liquidity or funding; the terms and availability of capital to the extent necessary to repay TARP preferred stock or otherwise required; loss of key personnel or an inability to recruit and retain appropriate talent; unanticipated changes in interest rates or significant tightening of credit spreads; increased competitive pricing pressures; uncertainty relating to recently proposed regulatory capital rules that could, depending on the nature of our assets, require us to maintain higher levels of regulatory capital; uncertainty regarding implications of recently adopted or proposed rules and regulations, or those remaining to be proposed in connection with implementation of the Dodd-Frank Act that may negatively affect our revenues or profitability; other legislative, regulatory or accounting changes affecting financial services companies and/or the products

and services offered by financial services companies; or failures or disruptions to our data processing or other information or operational systems. Forward-looking statements are subject to risks, assumptions and uncertainties and could be significantly affected by many factors, including those set forth in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2011 as well as those set forth in our subsequent periodic and current reports filed with the SEC. These factors should be considered in evaluating forward-looking statements and undue reliance should not be placed on our forward-looking statements. Forward-looking statements speak only as of the date they are made and we assume no obligation to update any of these statements in public filings in light of future events unless required under the federal securities laws.

Non-GAAP Measures

This press release contains both financial measures based on accounting principles generally accepted in the United States (GAAP) and non-GAAP based financial measures. The Company believes that these non-GAAP financial measures provide information useful to investors in understanding the underlying operational performance of the Company, its business, and performance trends and facilitates comparisons with the performance of others in the banking industry. If non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconcilement to the comparable GAAP financial measure, can be found in this press release. These disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies.

Editor’s Note: Financial highlights attached.

Consolidated Income Statements

(Amounts in thousands except per share data)

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2012			2011		2012			2011
	unaudited			unaudited		unaudited			unaudited
Interest Income
Loans, including fees	$	105,142		$	102,391	$	208,681		$	208,038
Federal funds sold and other short-term investments		133			399		265			735
Securities:
Taxable		14,854			15,568		30,234			30,958
Exempt from Federal income taxes		1,336			1,387		2,636			2,873
Total interest income		121,465			119,745		241,816			242,604
Interest Expense
Interest-bearing demand deposits		799			587		1,435			1,229
Savings deposits and money market accounts		4,265			6,082		8,867			12,744
Brokered and time deposits		5,394			6,528		10,411			13,220
Short-term borrowings		123			566		265			1,393
Long-term debt		5,538			5,479		11,116			10,962
Total interest expense		16,119			19,242		32,094			39,548
Net interest income		105,346			100,503		209,722			203,056
Provision for loan and covered loan losses		17,038			31,093		44,739			68,671
Net interest income after provision for loan and covered loan losses		88,308			69,410		164,983			134,385
Non-interest Income
Trust and Investments		4,312			4,720		8,531			9,382
Mortgage banking		2,915			704		5,578			2,106
Capital markets products		6,033			3,871		13,382			8,360
Treasury management		5,260			4,453		10,414			8,778
Loan and credit-related fees		6,372			5,290		12,899			11,188
Deposit service charges and fees and other income		1,644			1,884		3,131			4,368
Net securities (losses) gains		(290	)		670		(185	)		1,037
Total non-interest income		26,246			21,592		53,750			45,219
Non-interest Expense
Salaries and employee benefits		42,177			38,636		84,875			77,193
Net occupancy expense		7,653			7,545		15,332			15,077
Technology and related costs		3,273			2,729		6,569			5,390
Marketing		3,058			2,500		5,218			4,443
Professional services		2,247			2,312		4,204			4,646
Outsourced servicing costs		2,093			1,852		3,803			4,006
Net foreclosed property expenses		11,894			7,485		20,129			13,791
Postage, telephone, and delivery		882			931		1,751			1,819
Insurance		4,239			5,092		8,544			12,432
Loan and collection expense		2,918			4,247		6,075			6,800
Other expenses		3,424			2,335		7,587			5,416
Total non-interest expense		83,858			75,664		164,087			151,013
Income before income taxes		30,696			15,338		54,646			28,591
Income tax provision		13,192			6,320		22,887			8,599
Net income		17,504			9,018		31,759			19,992
Net income attributable to noncontrolling interests		—			58		—			130
Net income attributable to controlling interests		17,504			8,960		31,759			19,862
Preferred stock dividends and discount accretion		3,442			3,419		6,878			6,834
Net income available to common stockholders	$	14,062		$	5,541	$	24,881		$	13,028
Per Common Share Data
Basic earnings per share	$	0.19		$	0.08	$	0.35		$	0.18
Diluted earnings per share	$	0.19		$	0.08	$	0.34		$	0.18
Cash dividends declared	$	0.01		$	0.01	$	0.02		$	0.02
Weighted-average common shares outstanding		70,956			70,428		70,868			70,388
Weighted-average diluted common shares outstanding		71,147			70,663		71,041			70,602

Note 1: Certain reclassifications have been made to prior period financial statements to place them on a basis comparable with the current period financial statements.

Quarterly Consolidated Income Statements Unaudited   (Amounts in thousands except per share data)

	2Q12			1Q12		4Q11		3Q11		2Q11
Interest Income
Loans, including fees	$	105,142		$	103,539	$	102,897	$	102,174	$	102,391
Federal funds sold and other short-term investments		133			132		215		231		399
Securities:
Taxable		14,854			15,380		15,263		15,196		15,568
Exempt from Federal income taxes		1,336			1,300		1,273		1,293		1,387
Total interest income		121,465			120,351		119,648		118,894		119,745
Interest Expense
Interest-bearing demand deposits		799			636		585		625		587
Savings deposits and money market accounts		4,265			4,602		4,857		5,356		6,082
Brokered and time deposits		5,394			5,017		5,561		5,895		6,528
Short-term borrowings		123			142		152		466		566
Long-term debt		5,538			5,578		5,511		5,463		5,479
Total interest expense		16,119			15,975		16,666		17,805		19,242
Net interest income		105,346			104,376		102,982		101,089		100,503
Provision for loan and covered loan losses		17,038			27,701		31,611		32,615		31,093
Net interest income after provision for loan and covered loan losses		88,308			76,675		71,371		68,474		69,410
Non-interest Income
Trust and Investments		4,312			4,219		3,992		4,452		4,720
Mortgage banking		2,915			2,663		3,032		1,565		704
Capital markets products		6,033			7,349		5,471		5,510		3,871
Treasury management		5,260			5,154		4,813		4,590		4,453
Loan and credit-related fees		6,372			6,527		5,606		5,413		5,290
Deposit service charges and fees and other income		1,644			1,487		2,115		1,735		1,884
Net securities (losses) gains		(290	)		105		364		4,370		670
Total non-interest income		26,246			27,504		25,393		27,635		21,592
Non-interest Expense
Salaries and employee benefits		42,177			42,698		40,729		38,841		38,636
Net occupancy expense		7,653			7,679		7,394		7,515		7,545
Technology and related costs		3,273			3,296		3,142		2,856		2,729
Marketing		3,058			2,160		2,250		2,218		2,500
Professional services		2,247			1,957		2,126		2,434		2,312
Outsourced servicing costs		2,093			1,710		2,077		1,918		1,852
Net foreclosed property expenses		11,894			8,235		6,862		7,129		7,485
Postage, telephone, and delivery		882			869		953		944		931
Insurance		4,239			4,305		3,462		5,393		5,092
Loan and collection expense		2,918			3,157		3,840		2,931		4,247
Other expenses		3,424			4,163		3,395		2,855		2,335
Total non-interest expense		83,858			80,229		76,230		75,034		75,664
Income before income taxes		30,696			23,950		20,534		21,075		15,338
Income tax provision		13,192			9,695		9,468		7,593		6,320
Net income		17,504			14,255		11,066		13,482		9,018
Net income attributable to noncontrolling interests		—			—		7		33		58
Net income attributable to controlling interests		17,504			14,255		11,059		13,449		8,960
Preferred stock dividends and discount accretion		3,442			3,436		3,430		3,426		3,419
Net income available to common stockholders	$	14,062		$	10,819	$	7,629	$	10,023	$	5,541
Per Common Share Data
Basic earnings per share	$	0.19		$	0.15	$	0.11	$	0.14	$	0.08
Diluted earnings per share	$	0.19		$	0.15	$	0.11	$	0.14	$	0.08
Cash dividends declared	$	0.01		$	0.01	$	0.01	$	0.01	$	0.01
Weighted-average common shares outstanding		70,956			70,780		70,540		70,479		70,428
Weighted-average diluted common shares outstanding		71,147			70,932		70,713		70,621		70,663

Note 1: Certain reclassifications have been made to prior period financial statements to place them on a basis comparable with the current period financial statements.

Consolidated Balance Sheets   (Dollars in thousands)

	06/30/12			03/31/12			12/31/11			09/30/11			06/30/11
	unaudited			unaudited			audited			unaudited			unaudited
Assets
Cash and due from banks	$	141,563		$	166,062		$	156,131		$	171,268		$	160,289
Fed funds sold and other short-term investments		315,378			193,571			205,610			248,559			457,422
Loans held for sale		35,342			29,185			32,049			24,126			13,503
Securities available-for-sale, at fair value		1,625,649			1,705,649			1,783,465			1,872,587			2,057,290
Securities held-to-maturity, at amortized cost		693,277			598,066			490,143			273,200			—
Non-marketable equity investments		47,702			43,882			43,604			43,894			20,406
Loans - excluding covered assets, net of unearned fees		9,436,235			9,222,253			9,008,561			8,674,955			8,672,642
Allowance for loan losses		(174,302	)		(183,844	)		(191,594	)		(200,041	)		(206,286	)
Loans, net of allowance for loan losses and unearned fees		9,261,933			9,038,409			8,816,967			8,474,914			8,466,356
Covered assets		244,782			276,534			306,807			318,973			346,452
Allowance for covered loan losses		(21,733	)		(26,323	)		(25,939	)		(16,689	)		(16,904	)
Covered assets, net of allowance for covered loan losses		223,049			250,211			280,868			302,284			329,548
Other real estate owned, excluding covered assets		109,836			123,498			125,729			116,364			123,997
Premises, furniture, and equipment, net		38,177			37,462			38,633			39,069			38,171
Accrued interest receivable		37,089			36,033			35,732			32,686			32,128
Investment in bank owned life insurance		51,751			51,356			50,966			50,565			50,183
Goodwill		94,546			94,559			94,571			94,584			94,596
Other intangible assets		14,152			14,683			15,353			15,715			16,089
Capital markets derivative assets		102,613			97,805			101,676			111,248			93,453
Other assets		150,119			142,733			145,373			148,798			161,946
Total assets	$	12,942,176		$	12,623,164		$	12,416,870		$	12,019,861		$	12,115,377
Liabilities
Demand deposits:
Noninterest-bearing	$	2,920,182		$	3,054,536		$	3,244,307		$	2,832,481		$	2,527,230
Interest-bearing		785,879			714,522			595,238			611,293			531,107
Savings deposits and money market accounts		4,146,022			4,347,832			4,378,220			4,392,697			4,497,297
Brokered deposits		1,484,435			961,481			815,951			902,002			1,342,422
Time deposits		1,398,012			1,344,341			1,359,138			1,370,190			1,336,212
Total deposits		10,734,530			10,422,712			10,392,854			10,108,663			10,234,268
Short-term borrowings		335,000			355,000			156,000			59,154			63,311
Long-term debt		374,793			379,793			379,793			379,793			409,793
Accrued interest payable		5,855			5,425			5,567			5,841			5,767
Capital markets derivative liabilities		105,773			100,109			104,140			113,968			95,043
Other liabilities		52,071			47,971			81,764			66,266			46,547
Total liabilities		11,608,022			11,311,010			11,120,118			10,733,685			10,854,729
Equity
Preferred stock - Series B		241,185			240,791			240,403			240,020			239,642
Common stock		71,843			71,611			71,483			71,220			71,155
Treasury stock		(22,639	)		(21,749	)		(21,454	)		(20,680	)		(20,615	)
Additional paid-in capital		978,510			973,417			968,787			965,640			963,156
Retained earnings/(accumulated deficit)		14,268			932			(9,164	)		(16,075	)		(25,388	)
Accumulated other comprehensive income, net of tax		50,987			47,152			46,697			46,051			32,535
Total stockholders’ equity		1,334,154			1,312,154			1,296,752			1,286,176			1,260,485
Noncontrolling interests		—			—			—			—			163
Total equity		1,334,154			1,312,154			1,296,752			1,286,176			1,260,648
Total liabilities and equity	$	12,942,176		$	12,623,164		$	12,416,870		$	12,019,861		$	12,115,377

Selected Financial Data

Unaudited   (Amounts in thousands except per share data)

	2Q12			1Q12			4Q11			3Q11			2Q11
Selected Statement of Income Data:
Net interest income	$	105,346		$	104,376		$	102,982		$	101,089		$	100,503
Net revenue(1) (2)	$	132,291		$	132,560		$	129,046		$	129,404		$	122,811
Operating profit(1) (2)	$	48,433		$	52,331		$	52,816		$	54,370		$	47,147
Provision for loan and covered loan losses	$	17,038		$	27,701		$	31,611		$	32,615		$	31,093
Income before taxes	$	30,696		$	23,950		$	20,534		$	21,075		$	15,338
Net income available to common stockholders	$	14,062		$	10,819		$	7,629		$	10,023		$	5,541
Per Common Share Data:
Basic earnings per share	$	0.19		$	0.15		$	0.11		$	0.14		$	0.08
Diluted earnings per share	$	0.19		$	0.15		$	0.11		$	0.14		$	0.08
Dividends declared	$	0.01		$	0.01		$	0.01		$	0.01		$	0.01
Book value (period end)(1)	$	15.09		$	14.79		$	14.72		$	14.57		$	14.22
Tangible book value (period end)(1) (2)	$	13.59		$	13.29		$	13.19		$	13.04		$	12.68
Market value (close)	$	14.76		$	15.17		$	10.98		$	7.52		$	13.80
Book value multiple		0.98	x		1.03	x		0.75	x		0.52	x		0.97	x
Share Data:
Weighted-average common shares outstanding		70,956			70,780			70,540			70,479			70,428
Diluted-average common shares outstanding		71,147			70,932			70,713			70,621			70,663
Common shares issued (at period end)		73,273			73,205			72,514			72,491			72,497
Common shares outstanding (at period end)		72,424			72,415			71,745			71,789			71,808
Performance Ratios:
Return on average assets		0.55	%		0.46	%		0.36	%		0.44	%		0.29	%
Return on average common equity		5.18	%		4.04	%		2.86	%		3.80	%		2.18	%
Net interest margin(1) (2)		3.46	%		3.53	%		3.48	%		3.49	%		3.36	%
Fee revenue as a percent of total revenue(1)		20.12	%		20.79	%		19.55	%		18.71	%		17.23	%
Non-interest income to average assets		0.83	%		0.89	%		0.82	%		0.91	%		0.69	%
Non-interest expense to average assets		2.64	%		2.59	%		2.45	%		2.46	%		2.43	%
Net overhead ratio(1)		1.81	%		1.70	%		1.64	%		1.56	%		1.74	%
Efficiency ratio (1) (2)		63.39	%		60.52	%		59.07	%		57.98	%		61.61	%
Selected Information:
Assets under management and administration (AUMA)(1)	$	4,738,973		$	4,879,947		$	4,303,547		$	4,161,614		$	4,395,516
Custody assets included in AUMA	$	2,073,777		$	2,060,455		$	1,599,528		$	1,525,001		$	1,623,190
Credit valuation adjustment on capital markets derivatives (1)	$	(830	)	$	19		$	244		$	(1,207	)	$	(573	)
Balance Sheet Ratios:
Loans to deposits (period end) (3)		87.91	%		88.48	%		86.68	%		85.82	%		84.74	%
Average interest-earning assets to average interest-bearing liabilities		146.44	%		149.68	%		150.70	%		145.30	%		139.77	%
Capital Ratios (period end):
Total risk-based capital(1)		14.12	%		14.20	%		14.28	%		14.82	%		15.12	%
Tier 1 risk-based capital(1)		12.25	%		12.31	%		12.38	%		12.89	%		12.95	%
Leverage (1)		11.20	%		11.35	%		11.33	%		11.48	%		11.00	%
Tier 1 common capital(1) (2)		8.05	%		8.04	%		8.04	%		8.34	%		8.34	%
Tangible common equity to tangible assets(1) (2)		7.67	%		7.69	%		7.69	%		7.86	%		7.58	%
Total equity to total assets		10.31	%		10.39	%		10.44	%		10.70	%		10.41	%

(1) Refer to Glossary of Terms for definition.

(2) This is a non-U.S. GAAP financial measure, refer to Non-U.S. GAAP Financial Measures for a reconciliation from non-U.S. GAAP to U.S. GAAP.

(3) Excludes covered assets. Refer to Glossary of Terms for definition.

Loan Composition (excluding covered assets⁽¹⁾) (Dollars in thousands)

			% of					% of					% of					% of					% of
	06/30/12		Total			03/31/12		Total			12/31/11		Total			09/30/11		Total			06/30/11		Total
	unaudited					unaudited					audited					unaudited					unaudited
Commercial and industrial	$	4,523,780		48	%	$	4,325,558		47	%	$	4,192,842		46	%	$	3,959,153		45	%	$	3,886,555		46	%
Commercial - owner-occupied CRE		1,384,831		15	%		1,175,729		13	%		1,130,932		13	%		1,070,340		12	%		986,602		11	%
Total commercial		5,908,611		63	%		5,501,287		60	%		5,323,774		59	%		5,029,493		57	%		4,873,157		57	%
Commercial real estate		2,124,492		23	%		2,378,640		26	%		2,233,851		25	%		2,156,621		25	%		2,280,961		26	%
Commercial real estate - multi-family		499,250		5	%		493,218		5	%		452,595		5	%		445,908		5	%		416,459		5	%
Total commercial real estate		2,623,742		28	%		2,871,858		31	%		2,686,446		30	%		2,602,529		30	%		2,697,420		31	%
Construction		171,014		2	%		127,837		1	%		287,002		3	%		315,858		4	%		366,061		4	%
Residential real estate		330,254		3	%		308,880		3	%		297,229		3	%		307,705		4	%		301,250		3	%
Home equity		174,131		2	%		175,972		2	%		181,158		2	%		186,914		2	%		190,691		2	%
Personal		228,483		2	%		236,419		3	%		232,952		3	%		232,456		3	%		244,063		3	%
Total loans	$	9,436,235		100	%	$	9,222,253		100	%	$	9,008,561		100	%	$	8,674,955		100	%	$	8,672,642		100	%

(1) Refer to Glossary of Terms for definition.

Loan Composition (excluding covered assets⁽¹⁾) (Dollars in thousands) Unaudited

Commercial Loans Composition by Industry Segment

(Classified pursuant to the North American Industrial Classification System standard industry descriptions and represents our client's primary business activity)

	06/30/12					03/31/12					12/31/11
			% of					% of					% of
	Amount		Total			Amount		Total			Amount		Total
Manufacturing	$	1,347,763		23	%	$	1,301,681		24	%	$	1,257,973		24	%
Healthcare		1,290,219		22	%		1,343,017		24	%		1,218,205		23	%
Wholesale trade		588,666		10	%		506,840		9	%		482,386		9	%
Finance and insurance		492,367		8	%		493,103		9	%		454,830		8	%
Real estate, rental and leasing		333,393		6	%		269,647		5	%		342,860		6	%
Professional, scientific and technical services		410,156		7	%		348,907		6	%		350,677		7	%
Administrative, support, waste management and remediation services		351,447		6	%		328,370		6	%		321,912		6	%
Architectural, engineering and construction		257,529		4	%		209,998		4	%		195,875		4	%
All other(2)		837,071		14	%		699,724		13	%		699,056		13	%
Total commercial(3)	$	5,908,611		100	%	$	5,501,287		100	%	$	5,323,774		100	%

Commercial Real Estate and Construction Loans Portfolio by Collateral Type

	06/30/12										03/31/12										12/31/11
						Amount										Amount
			% of			Non-		% Non-					% of			Non-		% Non-					% of
	Amount		Total			performing		performing (4)			Amount		Total			performing		performing (4)			Amount		Total
Commercial Real Estate Portfolio
Land	$	225,810		9	%	$	24,792		11	%	$	238,326		8	%	$	30,016		13	%	$	230,579		9	%
Residential 1-4 family		90,554		3	%		12,139		13	%		119,772		4	%		16,709		14	%		105,919		4	%
Multi-family		499,250		19	%		8,752		2	%		493,218		17	%		5,983		1	%		452,595		17	%
Industrial/warehouse		310,203		12	%		6,886		2	%		370,200		13	%		7,596		2	%		350,282		13	%
Office		568,435		22	%		20,560		4	%		617,871		22	%		20,157		3	%		585,183		22	%
Retail		401,888		15	%		37,730		9	%		489,960		17	%		60,006		12	%		431,200		16	%
Healthcare		209,934		8	%		—		—			144,239		5	%		—		—			144,529		5	%
Mixed use/other		317,668		12	%		8,585		3	%		398,272		14	%		18,788		5	%		386,159		14	%
Total commercial real estate	$	2,623,742		100	%	$	119,444		5	%	$	2,871,858		100	%	$	159,255		6	%	$	2,686,446		100	%
Construction Portfolio
Land	$	53,050		31	%	$	—		—		$	39,735		31	%	$	369		1	%	$	23,422		8	%
Residential 1-4 family		14,785		9	%		—		—			19,033		15	%		1,223		6	%		21,906		8	%
Multi-family		11,950		7	%		—		—			10,793		8	%		—		—			64,892		23	%
Industrial/warehouse		4,870		3	%		—		—			2,861		2	%		—		—			15,216		5	%
Office		39,303		23	%		401		1	%		27,757		22	%		336		1	%		43,403		15	%
Retail		11,736		7	%		—		—			4,687		4	%		—		—			61,469		21	%
Mixed use/other		35,320		20	%		154			*		22,971		18	%		852		4	%		56,694		20	%
									��
Total construction	$	171,014		100	%	$	555			*	$	127,837		100	%	$	2,780		2	%	$	287,002		100	%

(1) Refer to Glossary of Terms for definition.

(2) All other consists of numerous smaller balances across a variety of industries.

(3) Includes owner-occupied commercial real estate of $1.4 billion, $1.2 billion and $1.1 billion at June 30, 2012, March 31, 2012 and December 31, 2011, respectively.

(4) Calculated as nonperforming loans in the respective collateral type divided by total loans of the corresponding collateral type presented above.

* Less than 1%.

Asset Quality (excluding covered assets⁽¹⁾)

Unaudited
(Dollars in thousands)

	2Q12			1Q12			4Q11			3Q11			2Q11
Credit Quality Key Ratios
Net charge-offs (annualized) to average loans		1.16	%		1.57	%		1.72	%		1.76	%		1.95	%
Nonperforming loans to total loans		2.22	%		2.53	%		2.88	%		3.51	%		3.81	%
Nonperforming loans to total assets		1.62	%		1.85	%		2.09	%		2.54	%		2.73	%
Nonperforming assets to total assets		2.47	%		2.83	%		3.11	%		3.50	%		3.75	%
Allowance for loan losses to:
Total loans		1.85	%		1.99	%		2.13	%		2.31	%		2.38	%
Nonperforming loans		83	%		79	%		74	%		66	%		62	%
Nonperforming assets
Loans past due 90 days and accruing	$	—		$	—		$	—		$	—		$	—
Nonaccrual loans		209,339			233,222			259,852			304,747			330,448
OREO		109,836			123,498			125,729			116,364			123,997
Total nonperforming assets	$	319,175		$	356,720		$	385,581		$	421,111		$	454,445
Restructured loans accruing interest	$	97,690		$	136,521		$	100,909		$	106,330		$	124,614
Special mention loans	$	108,052		$	143,790		$	204,965		$	218,561		$	227,413
Potential problem loans	$	164,077		$	184,029		$	177,095		$	277,125		$	392,019
Nonperforming Loans Rollforward
Beginning balance	$	233,222		$	259,852		$	304,747		$	330,448		$	356,932
Additions:
New nonaccrual loans		57,717			69,581			67,512			68,298			110,438
Reductions:
Return to performing status		(1,953	)		(14,291	)		(2,072	)		(1,608	)		(2,781	)
Paydowns and payoffs, net of advances		(9,961	)		(4,806	)		(8,950	)		(13,166	)		(8,258	)
Net sales		(25,954	)		(27,479	)		(27,178	)		(20,432	)		(38,129	)
Transfer to OREO		(9,968	)		(13,513	)		(33,695	)		(24,373	)		(49,667	)
Charge-offs, net		(33,764	)		(36,122	)		(40,512	)		(34,420	)		(38,087	)
Total reductions		(81,600	)		(96,211	)		(112,407	)		(93,999	)		(136,922	)
Balance at end of period	$	209,339		$	233,222		$	259,852		$	304,747		$	330,448
OREO Rollforward
Beginning balance	$	123,498		$	125,729		$	116,364		$	123,997		$	93,770
New foreclosed properties		9,968			13,513			33,695			24,373			49,667
Valuation adjustments		(9,207	)		(4,522	)		(3,999	)		(1,175	)		(5,483	)
Disposals:
Sales proceeds		(13,517	)		(9,078	)		(18,085	)		(25,921	)		(13,615	)
Net loss on sale		(906	)		(2,144	)		(2,246	)		(4,910	)		(342	)
Balance at end of period	$	109,836		$	123,498		$	125,729		$	116,364		$	123,997
Restructured Loans Accruing Interest Rollforward
Beginning balance	$	136,521		$	100,909		$	106,330		$	124,614		$	100,895
Additions:
New restructured loans accruing interest		1,864			47,673			8,803			8,592			54,663
Return to performing status		157			—			1,099			1,029			—
Reductions:
Paydowns and payoffs, net of advances		(14,593	)		(4,661	)		(3,334	)		(20,545	)		(7,915	)
Move to nonperforming loans		(25,688	)		(6,665	)		(5,735	)		(4,716	)		(9,930	)
Net sales		(170	)		—			—			(2,260	)		(9,600	)
Removal of restructured loan status		(401	)		(735	)		(6,254	)		(340	)		—
Charge-offs, net		—			—			—			(44	)		(3,499	)
Balance at end of period	$	97,690		$	136,521		$	100,909		$	106,330		$	124,614

(1) Refer to Glossary of Terms for definition.

Asset Quality (excluding covered assets⁽¹⁾) Unaudited (Dollars in thousands)

Credit Quality Indicators⁽¹⁾

	Special					Potential					Non-
	Mention		% of			Problem		% of			Performing		% of			Total
	Loans		Loan Type			Loans		Loan Type			Loans		Loan Type			Loans
As of June 30, 2012
Transformational(1)
Commercial	$	50,348		0.9	%	$	54,982		1.0	%	$	45,464		0.8	%	$	5,413,098
Commercial real estate		16,724		1.0	%		21,921		1.3	%		68,843		4.0	%		1,721,408
Construction		5,844		3.5	%		—		—			—		—			164,639
Residential real estate		351		0.2	%		4,653		3.1	%		1,250		0.8	%		149,150
Home equity		—		—			1,656		2.6	%		423		0.7	%		64,266
Personal		—		—			51			*		1,010		0.6	%		158,378
Total transformational	$	73,267		1.0	%	$	83,263		1.1	%	$	116,990		1.5	%	$	7,670,939
Legacy(1)
Commercial	$	5,630		1.1	%	$	7,940		1.6	%	$	14,377		2.9	%	$	495,513
Commercial real estate		26,254		2.9	%		52,943		5.9	%		50,601		5.6	%		902,334
Construction		—		—			—		—			555		8.7	%		6,375
Residential real estate		2,378		1.3	%		14,959		8.3	%		9,778		5.4	%		181,104
Home equity		516		0.5	%		4,200		3.8	%		11,640		10.6	%		109,865
Personal		7			*		772		1.1	%		5,398		7.7	%		70,105
Total legacy		34,785		2.0	%		80,814		4.6	%		92,349		5.2	%		1,765,296
Total	$	108,052		1.1	%	$	164,077		1.7	%	$	209,339		2.2	%	$	9,436,235
As of March 31, 2012
Transformational(1)
Commercial	$	61,382		1.2	%	$	49,229		1.0	%	$	22,765		0.4	%	$	5,065,103
Commercial real estate		26,466		1.5	%		33,251		1.9	%		87,228		4.9	%		1,782,434
Construction		7,272		6.1	%		—		—			—		—			118,394
Residential real estate		4,309		2.9	%		5,983		4.0	%		1,057		0.7	%		149,639
Home equity		—		—			1,659		2.8	%		424		0.7	%		59,946
Personal		—		—			765		0.5	%		311		0.2	%		149,951
Total transformational	$	99,429		1.4	%	$	90,887		1.2	%	$	111,785		1.5	%	$	7,325,467
Legacy(1)
Commercial	$	11,198		2.6	%	$	8,557		2.0	%	$	17,421		4.0	%	$	436,184
Commercial real estate		30,355		2.8	%		62,880		5.8	%		72,027		6.6	%		1,089,424
Construction		—		—			—		—			2,781		29.5	%		9,443
Residential real estate		2,384		1.5	%		15,027		9.4	%		11,012		6.9	%		159,241
Home equity		420		0.4	%		5,613		4.8	%		9,954		8.6	%		116,026
Personal		4			*		1,065		1.2	%		8,242		9.5	%		86,468
Total legacy		44,361		2.3	%		93,142		4.9	%		121,437		6.4	%		1,896,786
Total	$	143,790		1.6	%	$	184,029		2.0	%	$	233,222		2.5	%	$	9,222,253

(1) Refer to Glossary of Terms for definition.

* Less than 0.1%.

Loan Portfolio Aging (excluding covered assets⁽¹⁾)

Unaudited (Dollars in thousands)

	Current			30-59 Days Past  Due			60-89 Days Past Due			90 Days Past Due and Accruing		Nonaccrual			Total Loans
As of June 30, 2012
Loan balances:
Commercial	$	5,842,805		$	901		$	5,064		$	—	$	59,841		$	5,908,611
Commercial real estate		2,500,441			1,314			2,543			—		119,444			2,623,742
Construction		170,459			—			—			—		555			171,014
Residential real estate		318,864			341			21			—		11,028			330,254
Personal and home equity		381,143			1,983			1,017			—		18,471			402,614
Total loans	$	9,213,712		$	4,539		$	8,645		$	—	$	209,339		$	9,436,235
Aging as a percent of loan balance:
Commercial		98.89	%		0.01	%		0.09	%		—		1.01	%		100.00	%
Commercial real estate		95.30	%		0.05	%		0.10	%		—		4.55	%		100.00	%
Construction		99.68	%		—			—			—		0.32	%		100.00	%
Residential real estate		96.55	%		0.10	%		0.01	%		—		3.34	%		100.00	%
Personal and home equity		94.67	%		0.49	%		0.25	%		—		4.59	%		100.00	%
Total loans		97.64	%		0.05	%		0.09	%		—		2.22	%		100.00	%

	2Q12			1Q12			4Q11			3Q11			2Q11
Nonaccrual loans:
Commercial	$	59,841		$	40,186		$	65,958		$	61,399		$	51,634
Commercial real estate		119,444			159,255			133,257			168,078			192,778
Construction		555			2,781			21,879			29,997			37,140
Residential real estate		11,028			12,069			14,589			18,007			18,496
Personal and home equity		18,471			18,931			24,169			27,266			30,400
Total	$	209,339		$	233,222		$	259,852		$	304,747		$	330,448
Nonaccrual loans as a percent of total loan type:
Commercial		1.01	%		0.73	%		1.24	%		1.22	%		1.06	%
Commercial real estate		4.55	%		5.55	%		4.96	%		6.46	%		7.15	%
Construction		0.32	%		2.18	%		7.62	%		9.50	%		10.15	%
Residential real estate		3.34	%		3.91	%		4.91	%		5.85	%		6.14	%
Personal and home equity		4.59	%		4.59	%		5.84	%		6.50	%		6.99	%
Total		2.22	%		2.53	%		2.88	%		3.51	%		3.81	%
Loans past due 60-89 days and still accruing:
Commercial	$	5,064		$	3,963		$	923		$	101		$	3,978
Commercial real estate		2,543			2,081			9,777			8,801			10,292
Construction		—			68			2,381			—			—
Residential real estate		21			1,135			645			2,864			1,000
Personal and home equity		1,017			253			809			1,016			1,288
Total	$	8,645		$	7,500		$	14,535		$	12,782		$	16,558
Loans past due 60-89 days and still accruing as a percent of total loan type:
Commercial		0.09	%		0.07	%		0.02	%			*		0.08	%
Commercial real estate		0.10	%		0.07	%		0.36	%		0.34	%		0.39	%
Construction		—			0.05	%		0.83	%		—			—
Residential real estate		0.01	%		0.37	%		0.22	%		0.93	%		0.33	%
Personal and home equity		0.25	%		0.06	%		0.20	%		0.24	%		0.30	%
Total		0.09	%		0.08	%		0.16	%		0.15	%		0.19	%
Loans past due 30-59 days and still accruing:
Commercial	$	901		$	3,216		$	6,018		$	3,529		$	1,723
Commercial real estate		1,314			6,590			3,523			5,884			3,384
Construction		—			—			—			342			—
Residential real estate		341			4,960			3,800			7			392
Personal and home equity		1,983			1,754			446			776			2,803
Total	$	4,539		$	16,520		$	13,787		$	10,538		$	8,302
Loans past due 30-59 days and still accruing as a percent of total loan type:
Commercial		0.01	%		0.06	%		0.11	%		0.07	%		0.03	%
Commercial real estate		0.05	%		0.23	%		0.13	%		0.23	%		0.13	%
Construction		—			—			—			0.11	%		—
Residential real estate		0.10	%		1.61	%		1.28	%			*		0.13	%
Personal and home equity		0.49	%		0.43	%		0.11	%		0.19	%		0.64	%
Total		0.05	%		0.18	%		0.15	%		0.12	%		0.10	%

(1) Refer to Glossary of Terms for definition.

* Less than 0.01%.

Asset Quality (excluding covered assets⁽¹⁾)

Unaudited (Dollars in thousands)

Nonaccrual Loans Stratification

	$10.0 Million or More		$5.0 to $9.9 Million		$3.0 to $4.9 Million		$1.5 to $2.9 Million		Under $1.5 Million		Total
As of June 30, 2012
Amount:
Commercial	$	31,535	$	—	$	11,407	$	8,792	$	8,107	$	59,841
Commercial real estate		63,709		6,409		6,984		12,220		30,122		119,444
Construction		—		—		—		—		555		555
Residential real estate		—		—		4,789		—		6,239		11,028
Personal and home equity		—		—		3,848		—		14,623		18,471
Total	$	95,244	$	6,409	$	27,028	$	21,012	$	59,646	$	209,339
Number of borrowers:
Commercial		2		—		3		4		30		39
Commercial real estate		4		1		2		5		48		60
Construction		—		—		—		—		2		2
Residential real estate		—		—		1		—		21		22
Personal and home equity		—		—		1		—		43		44
Total		6		1		7		9		144		167
As of March 31, 2012
Amount:
Commercial	$	—	$	14,164	$	7,737	$	5,751	$	12,534	$	40,186
Commercial real estate		77,770		19,374		11,493		25,689		24,929		159,255
Construction		—		—		—		—		2,781		2,781
Residential real estate		—		—		4,789		—		7,280		12,069
Personal and home equity		—		5,827		—		1,615		11,489		18,931
Total	$	77,770	$	39,365	$	24,019	$	33,055	$	59,013	$	233,222
Number of borrowers:
Commercial		—		2		2		3		35		42
Commercial real estate		5		3		3		12		48		71
Construction		—		—		—		—		6		6
Residential real estate		—		—		1		—		20		21
Personal and home equity		—		1		—		1		31		33
Total		5		6		6		16		140		173

Restructured Loans Accruing Interest Stratification

	$10.0 Million or More		$5.0 to  $9.9 Million		$3.0 to $4.9 Million		$1.5 to $2.9 Million		Under $1.5 Million		Total
As of June 30, 2012
Amount:
Commercial	$	60,733	$	14,190	$	—	$	2,799	$	4,496	$	82,218
Commercial real estate		—		5,157		—		4,211		3,609		12,977
Construction		—		—		—		—		—		—
Residential real estate		—		—		—		—		874		874
Personal and home equity		—		—		—		—		1,621		1,621
Total	$	60,733	$	19,347	$	—	$	7,010	$	10,600	$	97,690
Number of borrowers:
Commercial		4		2		—		1		10		17
Commercial real estate		—		1		—		2		8		11
Construction		—		—		—		—		—		—
Residential real estate		—		—		—		—		3		3
Personal and home equity		—		—		—		—		2		2
Total		4		3		—		3		23		33
As of March 31, 2012
Amount:
Commercial	$	55,205	$	20,050	$	3,259	$	—	$	4,155	$	82,669
Commercial real estate		20,576		5,178		—		7,217		4,586		37,557
Construction		—		—		—		—		—		—
Residential real estate		—		—		—		—		1,115		1,115
Personal and home equity		12,593		—		—		—		2,587		15,180
Total	$	88,374	$	25,228	$	3,259	$	7,217	$	12,443	$	136,521
Number of borrowers:
Commercial		4		3		1		—		10		18
Commercial real estate		1		1		—		3		9		14
Construction		—		—		—		—		—		—
Residential real estate		—		—		—		—		4		4
Personal and home equity		1		—		—		—		4		5
Total		6		4		1		3		27		41

(1) Refer to Glossary of Terms for definition.

Foreclosed Real Estate (OREO), excluding covered assets⁽¹⁾

Unaudited (Dollars in thousands)

OREO Properties by Type

	June 30, 2012							March 31, 2012							December 31, 2011
	Number of				% of			Number of				% of			Number of				% of
	Properties		Amount		Total			Properties		Amount		Total			Properties		Amount		Total
Single-family homes		58	$	17,734		16	%		69	$	21,074		17	%		71	$	26,866		21	%
Land parcels		273		43,367		39	%		260		49,706		40	%		262		51,465		41	%
Multi-family		8		2,026		2	%		13		4,665		4	%		14		3,327		3	%
Office/industrial		45		34,912		32	%		47		39,983		32	%		44		37,019		29	%
Retail		23		11,797		11	%		11		8,070		7	%		9		7,052		6	%
Total		407	$	109,836		100	%		400	$	123,498		100	%		400	$	125,729		100	%

OREO Property Type by Location

										South			Mid
	Illinois			Georgia			Michigan			Eastern (2)			Western (3)			Other			Total
June 30, 2012
Single-family homes	$	16,431		$	—		$	—		$	—		$	1,062		$	241		$	17,734
Land parcels		24,104			2,996			1,956			8,133			6,178			—			43,367
Multi-family		1,918			—			—			—			108			—			2,026
Office/industrial		18,720			1,058			1,181			3,762			8,140			2,051			34,912
Retail		8,946			2,851			—			—			—			—			11,797
Total	$	70,119		$	6,905		$	3,137		$	11,895		$	15,488		$	2,292		$	109,836
% of Total		64	%		6	%		3	%		11	%		14	%		2	%		100	%
March 31, 2012
Single-family homes	$	18,497		$	—		$	1,718		$	—		$	618		$	241		$	21,074
Land parcels		27,487			3,438			2,137			9,568			7,076			—			49,706
Multi-family		1,335			—			—			460			2,870			—			4,665
Office/industrial		19,670			1,058			1,197			6,411			8,253			3,394			39,983
Retail		4,872			2,262			936			—			—			—			8,070
Total	$	71,861		$	6,758		$	5,988		$	16,439		$	18,817		$	3,635		$	123,498
% of Total		58	%		6	%		5	%		13	%		15	%		3	%		100	%
December 31, 2011
Single family homes	$	23,277		$	385		$	1,718		$	—		$	608		$	878		$	26,866
Land parcels		29,370			2,898			3,171			9,568			6,458			—			51,465
Multi-family		3,327			—			—			—			—			—			3,327
Office/industrial		18,430			1,656			548			3,762			9,228			3,395			37,019
Retail		4,501			1,615			936			—			—			—			7,052
Total	$	78,905		$	6,554		$	6,373		$	13,330		$	16,294		$	4,273		$	125,729
% of Total		63	%		5	%		5	%		11	%		13	%		3	%		100	%

(1) Refer to Glossary of Terms for definition.

(2) Represents the southeastern states of Arkansas and Florida.

(3) Represents the midwestern states of Kansas, Missouri, Wisconsin, Indiana and Ohio.

Allowance for Loan Losses (excluding covered assets⁽¹⁾)

Unaudited (Dollars in thousands)

	2Q12			1Q12			4Q11			3Q11			2Q11
Change in allowance for loan losses:
Balance at beginning of period	$	183,844		$	191,594		$	200,041		$	206,286		$	218,237
Loans charged-off:
Commercial	$	(7,769	)	$	(9,549	)	$	(12,991	)	$	(5,039	)	$	(10,512	)
Commercial real estate		(17,924	)		(25,280	)		(24,083	)		(29,920	)		(25,402	)
Construction		(828	)		(1,245	)		(1,526	)		(1,419	)		(8,275	)
Residential real estate		(1,006	)		(1,084	)		(1,203	)		(234	)		(186	)
Home equity		(4	)		(483	)		(1,340	)		(3,291	)		(508	)
Personal		(6,341	)		(2,085	)		(290	)		(2,083	)		(434	)
Total charge-offs		(33,872	)		(39,726	)		(41,433	)		(41,986	)		(45,317	)
Recoveries on loans previously charged-off:
Commercial	$	634		$	1,679		$	830		$	2,278		$	707
Commercial real estate		4,150			1,882			1,410			969			511
Construction		1,664			41			109			29			56
Residential real estate		2			11			10			9			40
Home equity		314			26			300			12			15
Personal		163			702			544			103			312
Total recoveries		6,927			4,341			3,203			3,400			1,641
Net charge-offs		(26,945	)		(35,385	)		(38,230	)		(38,586	)		(43,676	)
Provisions charged to operating expense		17,403			27,635			29,783			32,341			31,725
Balance at end of period	$	174,302		$	183,844		$	191,594		$	200,041		$	206,286
Allocation of allowance for loan losses:
General allocated reserve:
Commercial	$	47,210		$	45,850		$	46,500		$	45,000		$	46,000
Commercial real estate		53,700			57,750			56,000			60,000			67,000
Construction		2,635			1,900			7,650			10,450			9,600
Residential real estate		5,200			5,400			5,400			5,800			5,400
Home equity		4,200			4,700			2,750			3,500			3,500
Personal		3,260			3,295			3,350			3,100			3,100
Total allocated	$	116,205		$	118,895		$	121,650		$	127,850		$	134,600
Specific reserve		58,097			64,949			69,944			72,191			71,686
Total	$	174,302		$	183,844		$	191,594		$	200,041		$	206,286
Allocation of reserve by a percent of total allowance for loan losses:
General allocated reserve:
Commercial		27	%		25	%		24	%		22	%		22	%
Commercial real estate		31	%		31	%		29	%		30	%		32	%
Construction		2	%		1	%		4	%		5	%		5	%
Residential real estate		3	%		3	%		3	%		3	%		3	%
Home equity		2	%		3	%		1	%		2	%		2	%
Personal		2	%		2	%		2	%		2	%		2	%
Total allocated		67	%		65	%		63	%		64	%		66	%
Specific reserve		33	%		35	%		37	%		36	%		34	%
Total		100	%		100	%		100	%		100	%		100	%
Allowance for loan losses to:
Total loans		1.85	%		1.99	%		2.13	%		2.31	%		2.38	%
Nonperforming loans		83	%		79	%		74	%		66	%		62	%

(1) Refer to Glossary of Terms for definition.

Deposits (Dollars in thousands)

			% of					% of					% of					% of					% of
	06/30/12		Total			03/31/12		Total			12/31/11		Total			09/30/11		Total			06/30/11		Total
	unaudited					unaudited					audited					unaudited					unaudited
Noninterest-bearing deposits	$	2,920,182		27	%	$	3,054,536		29	%	$	3,244,307		31	%	$	2,832,481		28	%	$	2,527,230		25	%
Interest-bearing demand deposits		785,879		7	%		714,522		7	%		595,238		6	%		611,293		6	%		531,107		5	%
Savings deposits		221,816		2	%		225,300		2	%		210,138		2	%		214,610		2	%		202,427		2	%
Money market accounts		3,924,206		37	%		4,122,532		40	%		4,168,082		40	%		4,178,087		41	%		4,294,870		42	%
Brokered deposits:
Traditional		667,454		6	%		191,023		2	%		20,499			*		60,665		1	%		277,628		3	%
Client CDARS (1)		762,231		7	%		695,458		6	%		795,452		8	%		841,337		8	%		956,094		9	%
Non-client CDARS (1)		54,750		1	%		75,000		1	%		—		—			—		—			108,700		1	%
Total brokered deposits		1,484,435		14	%		961,481		9	%		815,951		8	%		902,002		9	%		1,342,422		13	%
Time deposits		1,398,012		13	%		1,344,341		13	%		1,359,138		13	%		1,370,190		14	%		1,336,212		13	%
Total deposits	$	10,734,530		100	%	$	10,422,712		100	%	$	10,392,854		100	%	$	10,108,663		100	%	$	10,234,268		100	%
Client deposits (1)	$	10,012,326		93	%	$	10,156,689		97	%	$	10,372,355		100	%	$	10,047,998		99	%	$	9,847,940		96	%

* Less than 1%.

(1) Refer to Glossary of Terms for definition.

Net Interest Margin Unaudited   (Dollars in thousands)

	Three Months Ended June 30,
	2012								2011
	Average Balance			Interest(1)		Yield/ Rate			Average Balance			Interest(1)		Yield/ Rate
Assets:
Federal funds sold and other short-term investments	$	210,756		$	133		0.25	%	$	631,725		$	399		0.25	%
Securities:
Taxable		2,126,446			14,854		2.79	%		1,826,537			15,568		3.41	%
Tax-exempt(2)		171,426			2,035		4.75	%		139,620			2,103		6.02	%
Total securities		2,297,872			16,889		2.94	%		1,966,157			17,671		3.59	%
Loans, excluding covered assets:
Commercial		5,704,843			65,535		4.54	%		5,098,199			58,667		4.55	%
Commercial real estate		2,778,787			28,586		4.07	%		2,719,370			28,348		4.12	%
Construction		152,891			1,536		3.97	%		413,049			3,640		3.49	%
Residential		347,922			3,630		4.17	%		314,362			3,424		4.36	%
Personal and home equity		417,427			3,666		3.53	%		441,100			4,023		3.66	%
Total loans, excluding covered assets(3)		9,401,870			102,953		4.34	%		8,986,080			98,102		4.32	%
Total interest-earning assets before covered assets (2)		11,910,498			119,975		3.99	%		11,583,962			116,172		3.98	%
Covered assets(4)		237,781			2,189		3.66	%		332,076			4,289		5.12	%
Total interest-earning assets (2)		12,148,279		$	122,164		3.99	%		11,916,038		$	120,461		4.01	%
Cash and due from banks		148,174								156,678
Allowance for loan and covered loan losses		(218,798	)							(245,608	)
Other assets		702,533								672,575
Total assets	$	12,780,188							$	12,499,683
Liabilities and Equity:
Interest-bearing demand deposits	$	795,833		$	799		0.40	%	$	553,328		$	587		0.42	%
Savings deposits		225,335			161		0.29	%		204,794			209		0.41	%
Money market accounts		3,920,627			4,104		0.42	%		4,560,816			5,873		0.52	%
Time deposits		1,341,312			3,862		1.16	%		1,333,194			4,289		1.29	%
Brokered deposits		1,382,207			1,532		0.45	%		1,393,661			2,239		0.64	%
Total interest-bearing deposits		7,665,314			10,458		0.55	%		8,045,793			13,197		0.66	%
Short-term borrowings		250,774			123		0.19	%		70,045			566		3.20	%
Long-term debt		379,463			5,538		5.82	%		409,793			5,479		5.33	%
Total interest-bearing liabilities		8,295,551			16,119		0.78	%		8,525,631			19,242		0.90	%
Noninterest-bearing demand deposits		2,995,802								2,556,527
Other liabilities		156,656								158,773
Equity		1,332,179								1,258,752
Total liabilities and equity	$	12,780,188							$	12,499,683
Net interest spread(2) (5)							3.21	%							3.11	%
Effect of noninterest-bearing funds							0.25	%							0.25	%
Net interest income/margin(2) (5)				$	106,045		3.46	%				$	101,219		3.36	%

(1) Interest income included $6.3 million and $5.5 million in loan fees for the three months ended June 30, 2012 and 2011, respectively.

(2) Interest income and yields are presented on a tax-equivalent basis, assuming a federal income tax rate of 35%. This is a non-U.S. GAAP financial measure. Refer to Non-U.S. GAAP Financial Measures for a reconciliation of the effect of the tax-equivalent adjustment.

(3) Average loans on a nonaccrual basis for the recognition of interest income totaled $222.1 million and $357.2 million for the three months ended June 30, 2012 and 2011, respectively, and are included in loans for purposes of this analysis. Interest foregone on impaired loans was estimated to be approximately $2.3 million and $3.7 million for the three months ended June 30, 2012 and 2011, respectively, and was based on the average loan portfolio yield for the respective period.

(4) Covered interest-earning assets consist of loans acquired through an FDIC-assisted transaction that are subject to a loss share agreement and the related indemnification asset.

(5) Refer to Glossary of Terms for definition.

Net Interest Margin Unaudited   (Dollars in thousands)

	Three Months Ended June 30,								Three Months Ended March 31,
	2012								2012
	Average Balance			Interest(1)		Yield/ Rate			Average Balance			Interest(1)		Yield/ Rate
Assets:
Federal funds sold and other short-term investments	$	210,756		$	133		0.25	%	$	211,343		$	132		0.25	%
Securities:
Taxable		2,126,446			14,854		2.79	%		2,097,422			15,380		2.93	%
Tax-exempt(2)		171,426			2,035		4.75	%		152,412			1,980		5.20	%
Total securities		2,297,872			16,889		2.94	%		2,249,834			17,360		3.09	%
Loans, excluding covered assets:
Commercial		5,704,843			65,535		4.54	%		5,443,925			63,910		4.64	%
Commercial real estate		2,778,787			28,586		4.07	%		2,598,139			27,715		4.22	%
Construction		152,891			1,536		3.97	%		279,343			2,611		3.70	%
Residential		347,922			3,630		4.17	%		338,144			3,619		4.28	%
Personal and home equity		417,427			3,666		3.53	%		411,152			3,732		3.65	%
Total loans, excluding covered assets(3)		9,401,870			102,953		4.34	%		9,070,703			101,587		4.44	%
Total interest-earning assets before covered assets (2)		11,910,498			119,975		3.99	%		11,531,880			119,079		4.10	%
Covered assets(4)		237,781			2,189		3.66	%		264,619			1,952		2.93	%
Total interest-earning assets (2)		12,148,279		$	122,164		3.99	%		11,796,499		$	121,031		4.07	%
Cash and due from banks		148,174								141,317
Allowance for loan and covered loan losses		(218,798	)							(224,071	)
Other assets		702,533								731,771
Total assets	$	12,780,188							$	12,445,516
Liabilities and Equity:
Interest-bearing demand deposits	$	795,833		$	799		0.40	%	$	654,791		$	636		0.39	%
Savings deposits		225,335			161		0.29	%		218,145			156		0.29	%
Money market accounts		3,920,627			4,104		0.42	%		4,199,855			4,446		0.43	%
Time deposits		1,341,312			3,862		1.16	%		1,352,361			3,933		1.17	%
Brokered deposits		1,382,207			1,532		0.45	%		811,069			1,084		0.54	%
Total interest-bearing deposits		7,665,314			10,458		0.55	%		7,236,221			10,255		0.57	%
Short-term borrowings		250,774			123		0.19	%		265,205			142		0.21	%
Long-term debt		379,463			5,538		5.82	%		379,793			5,578		5.85	%
Total interest-bearing liabilities		8,295,551			16,119		0.78	%		7,881,219			15,975		0.81	%
Noninterest-bearing demand deposits		2,995,802								3,054,679
Other liabilities		156,656								194,262
Equity		1,332,179								1,315,356
Total liabilities and equity	$	12,780,188							$	12,445,516
Net interest spread(2) (5)							3.21	%							3.26	%
Effect of noninterest-bearing funds							0.25	%							0.27	%
Net interest income/margin(2) (5)				$	106,045		3.46	%				$	105,056		3.53	%

(1) Interest income included $6.3 million and $7.2 million in loan fees for the three months ended June 30, 2012 and March 31, 2012, respectively.

(2) Interest income and yields are presented on a tax-equivalent basis, assuming a federal income tax rate of 35%. This is a non-U.S. GAAP financial measure. Refer to Non-U.S. GAAP Financial Measures for a reconciliation of the effect of the tax-equivalent adjustment.

(3) Average loans on a nonaccrual basis for the recognition of interest income totaled $222.1 million and $256.8 million for the three months ended June 30, 2012 and March 31, 2012, respectively, and are included in loans for purposes of this analysis. Interest foregone on impaired loans was estimated to be approximately $2.3 million and $2.8 million for the three months ended June 30, 2012 and March 31, 2012, respectively, and was based on the average loan portfolio yield for the respective period.

(4) Covered interest-earning assets consist of loans acquired through an FDIC-assisted transaction that are subject to a loss share agreement and the related indemnification asset.

(5) Refer to Glossary of Terms for definition.

Net Interest Margin Unaudited   (Dollars in thousands)

	Six Months Ended June 30,
	2012								2011
	Average Balance			Interest(1)		Yield/ Rate			Average Balance			Interest(1)		Yield/ Rate
Assets:
Fed funds sold and other short-term investments	$	211,050		$	265		0.25	%	$	574,998		$	735		0.25	%
Securities:
Taxable		2,111,934			30,234		2.86	%		1,780,697			30,958		3.48	%
Tax-exempt(2)		161,919			4,015		4.96	%		144,413			4,380		6.07	%
Total securities		2,273,853			34,249		3.01	%		1,925,110			35,338		3.67	%
Loans, excluding covered assets:
Commercial		5,573,826			129,444		4.59	%		5,060,294			116,412		4.58	%
Commercial real estate		2,688,545			56,301		4.14	%		2,780,249			58,277		4.17	%
Construction		228,601			4,147		3.59	%		464,498			8,525		3.65	%
Residential		333,940			7,249		4.34	%		321,562			7,209		4.48	%
Personal and home equity		412,269			7,398		3.61	%		453,866			8,089		3.59	%
Total loans, excluding covered assets(3)		9,237,181			204,539		4.38	%		9,080,469			198,512		4.35	%
Total interest-earning assets before covered assets (2)		11,722,084			239,053		4.04	%		11,580,577			234,585		4.03	%
Covered assets(4)		251,200			4,142		3.28	%		342,668			9,526		5.54	%
Total interest-earning assets (2)		11,973,284		$	243,195		4.03	%		11,923,245		$	244,111		4.08	%
Cash and due from banks		144,741								163,802
Allowance for loan and covered loan losses		(221,434	)							(247,825	)
Other assets		705,779								663,580
Total assets	$	12,602,370							$	12,502,802
Liabilities and Equity:
Interest-bearing demand deposits	$	725,312		$	1,435		0.40	%	$	576,216		$	1,229		0.43	%
Savings deposits		221,740			317		0.29	%		201,168			408		0.41	%
Money market accounts		4,060,241			8,550		0.42	%		4,612,237			12,336		0.54	%
Time deposits		1,346,836			7,795		1.16	%		1,356,068			8,807		1.31	%
Brokered deposits		1,096,638			2,616		0.48	%		1,435,683			4,413		0.62	%
Total interest-bearing deposits		7,450,767			20,713		0.56	%		8,181,372			27,193		0.67	%
Short-term borrowings		257,990			265		0.20	%		92,377			1,393		3.00	%
Long-term debt		379,628			11,116		5.81	%		410,870			10,962		5.32	%
Total interest-bearing liabilities		8,088,385			32,094		0.79	%		8,684,619			39,548		0.91	%
Noninterest-bearing demand deposits		3,025,241								2,411,118
Other liabilities		164,977								157,315
Equity		1,323,767								1,249,750
Total liabilities and equity	$	12,602,370							$	12,502,802
Net interest spread(2) (5)							3.24	%							3.17	%
Effect of non interest-bearing funds							0.25	%							0.24	%
Net interest income/margin(2) (5)				$	211,101		3.49	%				$	204,563		3.41	%

(1) Interest income included $13.6 million and $11.5 million in loan fees for the six months ended June 30, 2012 and 2011, respectively.

(2) Interest income and yields are presented on a tax-equivalent basis, assuming a federal income tax rate of 35%. This is a non-U.S. GAAP measure. Refer to Non-U.S. GAAP Measures for a reconciliation of the effect of the tax-equivalent adjustment.

(3) Average loans on a nonaccrual basis for the recognition of interest income totaled $240.3 million and $368.7 million for the six months ended June 30, 2012 and 2011, respectively, and are included in loans for purposes of this analysis. Interest foregone on impaired loans was estimated to be approximately $5.1 million and $7.7 million for the six months ended June 30, 2012 and 2011, respectively, and was based on the average loan portfolio yield for the respective period.

(4) Covered interest-earning assets consist of loans acquired through an FDIC-assisted transaction that are subject to a loss share agreement and the related indemnification asset.

(5) Refer to Glossary of Terms for definition.

Non-U.S. GAAP Financial Measures Unaudited   (Amounts in thousands)

This press release contains both financial measures based on accounting principles generally accepted in the United States (U.S. GAAP) and non-U.S. GAAP based financial measures. These non-U.S. GAAP measures include net interest income, net interest margin, net revenue, operating profit and efficiency ratio all on a fully taxable-equivalent basis; tier 1 common equity to risk-weighted assets, tangible equity to tangible assets, tangible equity to risk-weighted assets, tangible common equity to tangible assets, and tangible book value. We believe that presenting these non-U.S. GAAP financial measures will provide information useful to investors in understanding our underlying operational performance, our business, and performance trends and facilitates comparisons with the performance of others in the banking industry.

We use net interest income on a taxable-equivalent basis in calculating various performance measures by increasing the interest income earned on tax-exempt assets to make it fully equivalent to interest income earned on taxable investments assuming a 35% tax rate. Management believes this measure to be the preferred industry measurement of net interest income as it enhances comparability to net interest income arising from taxable and tax-exempt sources, and accordingly believes that providing this measure may be useful for peer comparison purposes.

We also consider various measures when evaluating capital utilization and adequacy, including tier 1 common equity to risk-weighted assets, tangible equity to tangible assets, tangible equity to risk-weighted assets, tangible common equity to tangible assets, and tangible book value. These calculations are intended to complement the capital ratios defined by banking regulators for both absolute and comparative purposes. All of these measures exclude from capital the ending balances of goodwill and other intangibles while certain of these ratios exclude preferred capital components. Because U.S. GAAP does not include capital ratio measures, we believe there are no comparable U.S. GAAP financial measures to these ratios. We believe these non-U.S. GAAP financial measures are relevant because they provide information that is helpful in assessing the level of capital available to withstand unexpected market conditions. Additionally, presentation of these measures allows readers to compare certain aspects of our capitalization to other companies. However, because there are no standardized definitions for these ratios, our calculations may not be comparable with other companies, and the usefulness of these measures to investors may be limited.

Non-U.S. GAAP financial measures have inherent limitations, are not required to be uniformly applied, and are not audited. Although these non-U.S. GAAP financial measures are frequently used by stakeholders in the evaluation of a company, they have limitations as analytical tools, and should not be considered in isolation or as a substitute for analyses of results as reported under U.S. GAAP. As a result, we encourage readers to consider our Consolidated Financial Statements in their entirety and not to rely on any single financial measure. The following table reconciles Non-U.S. GAAP financial measures to U.S. GAAP:

	Quarters Ended
	2Q12			1Q12			4Q11			3Q11			2Q11
Taxable-equivalent interest income
U.S. GAAP net interest income	$	105,346		$	104,376		$	102,982		$	101,089		$	100,503
Taxable-equivalent adjustment		699			680			671			680			716
Taxable-equivalent net interest income(a)	$	106,045		$	105,056		$	103,653		$	101,769		$	101,219
Average Earning Assets(b)	$	12,148,279		$	11,796,499		$	11,696,741		$	11,446,323		$	11,916,038
Net Interest Margin((a) annualized) / (b)		3.46	%		3.53	%		3.48	%		3.49	%		3.36	%
Net Revenue
Taxable-equivalent net interest income(a)	$	106,045		$	105,056		$	103,653		$	101,769		$	101,219
U.S. GAAP non-interest income		26,246			27,504			25,393			27,635			21,592
Net revenue	$	132,291		$	132,560		$	129,046		$	129,404		$	122,811
Operating Profit
U.S. GAAP income before income taxes	$	30,696		$	23,950		$	20,534		$	21,075		$	15,338
Provision for loan and covered loan losses		17,038			27,701			31,611			32,615			31,093
Taxable-equivalent adjustment		699			680			671			680			716
Operating profit	$	48,433		$	52,331		$	52,816		$	54,370		$	47,147
Efficiency Ratio
U.S. GAAP non-interest expense(c)	$	83,858		$	80,229		$	76,230		$	75,034		$	75,664
Taxable-equivalent net interest income(a)	$	106,045		$	105,056		$	103,653		$	101,769		$	101,219
U.S. GAAP non-interest income		26,246			27,504			25,393			27,635			21,592
Net revenue(d)	$	132,291		$	132,560		$	129,046		$	129,404		$	122,811
Efficiency ratio(c) /(d)		63.39	%		60.52	%		59.07	%		57.98	%		61.61	%

Non-U.S. GAAP Financial Measures (continued) Unaudited (Amounts in thousands, except per share data)

	Six Months Ended June 30,
	2012			2011
Taxable-equivalent interest income
U.S. GAAP net interest income	$	209,722		$	203,056
Taxable-equivalent adjustment		1,379			1,507
Taxable-equivalent net interest income(a)	$	211,101		$	204,563
Average Earning Assets(b)	$	11,973,284		$	11,923,245
Net Interest Margin((a) annualized) /(b)		3.49	%		3.41	%
Net Revenue
Taxable-equivalent net interest income(a)	$	211,101		$	204,563
U.S. GAAP non-interest income		53,750			45,219
Net revenue	$	264,851		$	249,782
Operating Profit
U.S. GAAP income before income taxes	$	54,646		$	28,591
Provision for loan and covered loan losses		44,739			68,671
Taxable-equivalent adjustment		1,379			1,507
Operating profit	$	100,764		$	98,769
Efficiency Ratio
U.S. GAAP non-interest expense(c)	$	164,087		$	151,013
Taxable-equivalent net interest income(a)	$	211,101		$	204,563
U.S. GAAP non-interest income		53,750			45,219
Net revenue(d)	$	264,851		$	249,782
Efficiency ratio(c) /(d)		61.95	%		60.46	%

	Quarters Ended
	2Q12			1Q12			4Q11			3Q11			2Q11
Tier 1 Common Capital
U.S. GAAP total equity	$	1,334,154		$	1,312,154		$	1,296,752		$	1,286,176		$	1,260,648
Trust preferred securities		244,793			244,793			244,793			244,793			244,793
Less: accumulated other comprehensive income, net of tax		50,987			47,152			46,697			46,051			32,535
Less: goodwill		94,546			94,559			94,571			94,584			94,596
Less: other intangibles		14,152			14,683			15,353			15,715			16,089
Tier 1 risk-based capital		1,419,262			1,400,553			1,384,924			1,374,619			1,362,221
Less: preferred stock		241,185			240,791			240,403			240,020			239,642
Less: trust preferred securities		244,793			244,793			244,793			244,793			244,793
Less: noncontrolling interests		—			—			—			—			163
Tier 1 common capital(e)	$	933,284		$	914,969		$	899,728		$	889,806		$	877,623
Tangible Common Equity
U.S. GAAP total equity	$	1,334,154		$	1,312,154		$	1,296,752		$	1,286,176		$	1,260,648
Less: goodwill		94,546			94,559			94,571			94,584			94,596
Less: other intangibles		14,152			14,683			15,353			15,715			16,089
Tangible equity(f)		1,225,456			1,202,912			1,186,828			1,175,877			1,149,963
Less: preferred stock		241,185			240,791			240,403			240,020			239,642
Tangible common equity(g)	$	984,271		$	962,121		$	946,425		$	935,857		$	910,321
Tangible Assets
U.S. GAAP total assets	$	12,942,176		$	12,623,164		$	12,416,870		$	12,019,861		$	12,115,377
Less: goodwill		94,546			94,559			94,571			94,584			94,596
Less: other intangibles		14,152			14,683			15,353			15,715			16,089
Tangible assets(h)	$	12,833,478		$	12,513,922		$	12,306,946		$	11,909,562		$	12,004,692
Risk-weighted Assets(i) (1)	$	11,588,371		$	11,374,212		$	11,191,298		$	10,665,256		$	10,518,850
Period-end Common Shares Outstanding(j)		72,424			72,415			71,745			71,789			71,808
Ratios:
Tier 1 common equity to risk-weighted assets(e) /(i) (1)		8.05	%		8.04	%		8.04	%		8.34	%		8.34	%
Tangible equity to tangible assets(f) / (h)		9.55	%		9.61	%		9.64	%		9.87	%		9.58	%
Tangible equity to risk-weighted assets (f) / (i)(1)		10.57	%		10.58	%		10.60	%		11.03	%		10.93	%
Tangible common equity to tangible assets(g) / (h)		7.67	%		7.69	%		7.69	%		7.86	%		7.58	%
Tangible book value(g) / (j)	$	13.59		$	13.29		$	13.19		$	13.04		$	12.68

Glossary of Terms

Assets under management and administration (“AUMA”)—Assets held in trust where we serve as trustee or in accounts where we make investment decisions on behalf of clients. AUMA also includes non-managed assets we hold in custody for clients or for which we receive fees for advisory or brokerage services. We do not include these assets on our Consolidated Balance Sheets.

Book value—Total common equity divided by outstanding shares of common stock at end of period.

CDARS^® deposit program—is a deposit services arrangement that effectively achieves FDIC deposit insurance for jumbo deposit relationships. These deposits are classified as brokered deposits for regulatory reporting purposes; however, we classify these deposits as client CDARS^® due to the source being our client relationships and are, therefore, not traditional ‘brokered’ deposits. We also participate in a non-client CDARS^® program that is more like a traditional brokered deposit program in that our relationship is not with the underlying depositor.

Client deposits—Total deposits less brokered deposits plus client CDARS^®.

Common equity—Total equity less preferred stock.

Covered assets—Assets acquired through an FDIC-assisted transaction that are subject to a loss share agreement and are presented separately on the Consolidated Balance Sheets.

Credit quality indicators—The Company has adopted an internal risk rating policy in which each loan is rated for credit quality with a numerical rating of 1 through 8. Loans rated 5 and better (1-5 ratings, inclusive) are credits that exhibit acceptable financial performance, cash flow, and leverage. If any risk exists, we attempt to mitigate by structure, collateral, monitoring, or other meaningful controls. Credits rated 6 are considered special mention as these credits demonstrate potential weakness and that if left unresolved, may result in deterioration in the Company’s credit position and/or the repayment prospects for the credit. Borrowers rated special mention may exhibit adverse operating trends, high leverage, tight liquidity or other credit concerns. Potential problem loans have a risk rating of 7 and are considered inadequately protected by the current net worth and paying capacity of the obligor, the collateral pledged, or guarantors. These loans generally have a well defined weakness or weaknesses that may jeopardize liquidation of the debt and are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not resolved. Nonperforming loans include nonaccrual loans risk rated 7 or 8 and have all the weaknesses inherent in a 7-rated potential problem loan with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Special mention, potential problem and nonperforming loans are reviewed at minimum on a quarterly basis, while all other rated credits are reviewed as the situation warrants.

Credit valuation adjustment (“CVA”)—An adjustment may need to be incorporated into the valuation of derivative instruments for nonperformance risk to include the counterparty’s credit risk and the Company’s own credit risk. This adjustment is referred to as the CVA. The CVA represents the credit component of fair value with regard to both client-based trades and the related matched trades with interbank dealer counterparties.

Efficiency ratio—Total non-interest expense divided by the sum of net interest income on a tax equivalent basis and non-interest income. This is a non-U.S. GAAP financial measure.

Fee revenue as percent of total revenue ratio—Total non-interest income less net securities gains (losses) divided by the sum of net interest income and non-interest income less net securities gains (losses).

U.S. GAAP—Accounting principles generally accepted in the United States of America.

Net interest margin—Expressed as a percentage, net interest margin is a ratio computed as annualized taxable-equivalent net interest income divided by average interest-earning assets. The annualization of net interest income for the quarterly yield takes into consideration the interest payment convention at the product level. This is a non-U.S. GAAP financial measure.

Net interest spread—The difference between the average yield earned on interest-earning assets on a taxable-equivalent basis and the average rate paid for interest-bearing liabilities.

Net overhead ratio—Total non-interest expense less non-interest income divided by average total assets.

Net revenue—The sum of taxable equivalent net interest income and non-interest income. This is a non-U.S. GAAP financial measure.

Non-U.S. GAAP—Certain financial measures within this document that are not formally defined by U.S. GAAP or codified in the federal banking regulations. A reconciliation of these non-U.S. GAAP financial measures may be found on the previous pages.

Operating profit—The sum of U.S. GAAP income before income taxes, provision for loan and covered loan losses and taxable-equivalent adjustment. This is a non-U.S. GAAP financial measure.

Risk-weighted assets—Computed by the assignment of specific risk-weights (as defined by the Board of Governors of the Federal Reserve System) to assets and off-balance sheet instruments.

Tangible book value—Total common equity less goodwill and other intangibles divided by outstanding shares of common stock at end of period. This is a non-U.S. GAAP financial measure.

Tangible common equity to tangible assets ratio—Tangible common equity divided by tangible assets, where tangible common equity equals total equity less preferred stock, goodwill and other intangible assets and tangible assets equals total assets less goodwill and other intangible assets. This is a non-U.S. GAAP financial measure.

Glossary of Terms (continued)

Taxable-equivalent interest income—The interest income earned on certain assets is completely or partially exempt from Federal income tax. As such, these tax-exempt instruments typically yield lower returns than taxable investments. To provide more meaningful comparisons of yields and margins for all interest-earning assets, we use interest income on a taxable-equivalent basis in calculating average yields and net interest margins by increasing the interest income earned on tax-exempt assets to make it fully equivalent to interest income earned on other taxable investments. This adjustment is not permitted under U.S. GAAP on the Consolidated Income Statement.

Tier 1 common capital—Tier 1 risk-based capital, less preferred equity, less trust preferred capital securities, and less noncontrolling interests.

Tier 1 common capital ratio—Tier 1 common capital divided by period-end risk-weighted assets. This is a non-U.S. GAAP financial measure.

Tier 1 risk-based capital—Total equity, plus trust preferred capital securities, plus certain noncontrolling interests that are held by others; less goodwill and certain other intangible assets, less equity investments in nonfinancial companies, less ineligible servicing assets, less disallowed deferred tax assets and less net unrealized holding gains (losses) on available for sale equity securities, available for sale debt securities, and cash flow hedge derivatives.

Tier 1 risk-based capital ratio—Tier 1 risk-based capital divided by period-end risk-weighted assets.

Leverage ratio—Tier 1 risk-based capital divided by adjusted average total assets.

Total risk-based capital—Tier 1 risk-based capital plus qualifying subordinated debt, other noncontrolling interest not qualified as Tier 1, eligible gains on available-for-sale equity securities and the allowance for loan and lease losses, subject to certain limitations.

Total risk-based capital ratio—Total risk-based capital divided by period-end risk-weighted assets.

Transformational and legacy portfolios—We aggregate loans by originating line of business for reserve purposes because of observable similarities in the performance experience of loans underwritten by the business units. Loans originated by the business units that existed prior to the strategic changes in 2007 are considered “legacy” loans. Loans originated by a business unit that was established in connection with or following the business transformation plan are considered “transformational” loans. Renewals or restructurings of legacy loans may continue to be evaluated as legacy loans depending on the structure or defining characteristics of the new transaction. The Company has implemented a line of business model that has reorganized the legacy business units so that after 2009, all new loan originations are considered transformational.