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)

9 Months Ended

Sep. 30, 2012

Segment Reporting Disclosures [Abstract]

Information about reportable segments and reconciliation


	Community Bank		Mortgage		Eliminations			Consolidated
Three Months Ended September 30, 2012
Net interest income	$	38,428	$	334	$	—		$	38,762
Provision for loan losses		2,400		—		—			2,400

Net interest income after provision for loan losses		36,028		334		—			36,362
Noninterest income		6,750		8,919		(117	)		15,552
Noninterest expenses		30,596		7,839		(117	)		38,318

Income before income taxes		12,182		1,414		—			13,596
Income tax expense		3,415		555		—			3,970

Net income	$	8,767	$	859	$	—		$	9,626

Total assets	$	4,020,661	$	154,181	$	(146,649	)	$	4,028,193


Three Months Ended September 30, 2011
Net interest income	$	39,208	$	238	$	—		$	39,446
Provision for loan losses		3,600		—		—			3,600

Net interest income after provision for loan losses		35,608		238		—			35,846
Noninterest income		6,665		4,862		(116	)		11,411
Noninterest expenses		30,259		4,361		(116	)		34,504

Income before income taxes		12,014		739		—			12,753
Income tax expense		3,407		275		—			3,682

Net income	$	8,607	$	464	$	—		$	9,071

Total assets	$	3,902,362	$	70,055	$	(57,960	)	$	3,914,457


Nine Months Ended September 30, 2012
Net interest income	$	114,258	$	938	$	—		$	115,196
Provision for loan losses		8,900		—		—			8,900

Net interest income after provision for loan losses		105,358		938		—			106,296
Noninterest income		20,805		21,532		(351	)		41,986
Noninterest expenses		92,357		19,891		(351	)		111,897

Income before income taxes		33,806		2,579		—			36,385
Income tax expense		9,400		1,016		—			10,416

Net income	$	24,406	$	1,563	$	—		$	25,969

Total assets	$	4,020,661	$	154,181	$	(146,649	)	$	4,028,193


Nine Months Ended September 30, 2011
Net interest income	$	116,862	$	1,007	$	—		$	117,869
Provision for loan losses		14,400		—		—			14,400

Net interest income after provision for loan losses		102,462		1,007		—			103,469
Noninterest income		18,599		14,135		(351	)		32,383
Noninterest expenses		92,342		13,614		(351	)		105,605

Income before income taxes		28,719		1,528		—			30,247
Income tax (benefit) expense		7,593		569		—			8,162

Net income	$	21,126	$	959	$	—		$	22,085

Total assets	$	3,902,362	$	70,055	$	(57,960	)	$	3,914,457

- 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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