Atlantic Union Bankshares Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting Disclosures (Tables)

Segment Reporting Disclosures (Tables)

6 Months Ended

Jun. 30, 2012

Segment Reporting Disclosures [Abstract]

Information about reportable segments and reconciliation


	Community Bank		Mortgage		Eliminations			Consolidated
Three Months Ended June 30, 2012
Net interest income	$	37,792	$	295	$	—		$	38,087
Provision for loan losses		3,000		—		—			3,000

Net interest income after provision for loan losses		34,792		295		—			35,087
Noninterest income		7,212		7,315		(117	)		14,410
Noninterest expenses		31,061		6,820		(117	)		37,764

Income before income taxes		10,943		790		—			11,733
Income tax expense		2,993		320		—			3,313

Net income	$	7,950	$	470	$	—		$	8,420

Total assets	$	3,967,690	$	110,374	$	(95,776	)	$	3,982,288

Three Months Ended June 30, 2011
Net interest income	$	39,341	$	282	$	—		$	39,623
Provision for loan losses		4,500		—		—			4,500

Net interest income after provision for loan losses		34,841		282		—			35,123
Noninterest income		5,777		4,304		(118	)		9,963
Noninterest expenses		31,665		4,325		(118	)		35,872

Income before income taxes		8,953		261		—			9,214
Income tax expense		2,299		95		—			2,394

Net income	$	6,654	$	167	$	—		$	6,820

Total assets	$	3,846,714	$	57,215	$	(52,405	)	$	3,851,524

Six Months Ended June 30, 2012
Net interest income	$	75,830	$	604	$	—		$	76,434
Provision for loan losses		6,500		—		—			6,500

Net interest income after provision for loan losses		69,330		604		—			69,934
Noninterest income		13,849		12,613		(234	)		26,228
Noninterest expenses		61,555		12,052		(234	)		73,373

Income before income taxes		21,624		1,165		—			22,789
Income tax expense		5,985		461		—			6,446

Net income	$	15,639	$	704	$	—		$	16,343

Total assets	$	3,967,690	$	110,374	$	(95,776	)	$	3,982,288

Six Months Ended June 30, 2011
Net interest income	$	77,654	$	769	$	—		$	78,423
Provision for loan losses		10,800		—		—			10,800

Net interest income after provision for loan losses		66,854		769		—			67,623
Noninterest income		11,472		9,272		(234	)		20,510
Noninterest expenses		61,621		9,252		(234	)		70,639

Income before income taxes		16,705		789		—			17,494
Income tax (benefit) expense		4,186		294		—			4,480

Net income	$	12,519	$	495	$	—		$	13,014

Total assets	$	3,846,714	$	57,215	$	(52,405	)	$	3,851,524

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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