Attached files
| file | filename |
|---|---|
| EX-31.2 - EX-31.2 - FIRSTMERIT CORP /OH/ | d184423dex312.htm |
| EX-31.1 - EX-31.1 - FIRSTMERIT CORP /OH/ | d184423dex311.htm |
| 10-K/A - FORM 10-K/A - FIRSTMERIT CORP /OH/ | d184423d10ka.htm |
Exhibit 99
GAAP RECONCILIATION
| Year Ended December 31, | ||||||||||||||||
| (Dollars in thousands) | 2015 | 2014 | 2013 | 2012 | ||||||||||||
| Net income |
$ | 229,484 | $ | 237,951 | $ | 183,684 | $ | 134,106 | ||||||||
| Adjustments to net income, net of tax |
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| Plus: Branch closure costs |
1,932 | 2,568 | 676 | — | ||||||||||||
| Acquisition related charges |
— | 706 | 48,786 | 1,972 | ||||||||||||
| Restructure expenses |
949 | 564 | — | — | ||||||||||||
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| Total adjusted charges |
2,881 | 3,838 | 49,462 | 1,972 | ||||||||||||
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| Adjusted net income (non-GAAP) |
$ | 232,365 | $ | 241,789 | $ | 233,146 | $ | 136,078 | ||||||||
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| Average assets (GAAP) |
$ | 25,155,792 | $ | 24,418,211 | $ | 21,489,775 | $ | 14,620,627 | ||||||||
| Average equity (GAAP) |
$ | 2,903,160 | $ | 2,790,139 | $ | 2,408,865 | $ | 1,608,108 | ||||||||
| Less: Average intangible assets |
65,767 | 76,821 | 64,641 | 7,276 | ||||||||||||
| Average goodwill |
741,740 | 741,740 | 662,402 | 460,044 | ||||||||||||
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| Average tangible equity (non-GAAP) |
$ | 2,095,653 | $ | 1,971,578 | $ | 1,681,822 | $ | 1,140,788 | ||||||||
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| Return on average assets |
0.91 | % | 0.97 | % | 0.85 | % | 0.92 | % | ||||||||
| Adjusted return on average assets, net of adjusted charges (non-GAAP) |
0.92 | % | 0.99 | % | 1.08 | % | 0.93 | % | ||||||||
| Return on average equity |
7.90 | % | 8.53 | % | 7.63 | % | 8.34 | % | ||||||||
| Adjusted return on average equity, net of adjusted charges (non-GAAP) |
8.00 | % | 8.67 | % | 9.68 | % | 8.46 | % | ||||||||
| Return on average tangible equity (non-GAAP) |
10.95 | % | 12.07 | % | 10.92 | % | 11.76 | % | ||||||||
| Adjusted return on average tangible equity, net of adjusted charges (non-GAAP) |
11.09 | % | 12.26 | % | 13.86 | % | 11.93 | % | ||||||||