BUSINESS SEGMENT RESULTS (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The business segment results are consistent with the Company’s internal reporting system and, in all material respects, with GAAP and practices predominant in the banking industry. The business segment results are summarized as follows:



	First Bank			Corporate, Other and Intercompany Reclassifications				Consolidated Totals
(dollars in thousands)	June 30, 2015		December 31, 2014	June 30, 2015		December 31, 2014		June 30, 2015	December 31, 2014
Balance sheet information:
Investment securities	$	2,088,703	2,063,837	—		—		2,088,703	2,063,837
Total loans	3,344,907		3,149,243	—		—		3,344,907	3,149,243
FRB and FHLB stock	30,390		30,458	—		—		30,390	30,458
Total assets	6,047,605		5,847,778	49,113		47,013		6,096,718	5,894,791
Deposits	5,078,758		4,871,140	(22,233	)	(21,636	)	5,056,525	4,849,504
Securities sold under agreements to repurchase	45,616		64,875	—		—		45,616	64,875
Subordinated debentures	—		—	354,324		354,286		354,324	354,286
Stockholders’ equity	883,317		871,301	(355,393	)	(358,857	)	527,924	512,444



	First Bank				Corporate, Other and Intercompany Reclassifications				Consolidated Totals
	Three Months Ended				Three Months Ended				Three Months Ended
	June 30,				June 30,				June 30,
(dollars in thousands)	2015			2014	2015		2014		2015		2014
Income statement information:
Interest income	$	45,984		42,557	—		30		45,984		42,587
Interest expense	2,186			2,041	3,043		3,022		5,229		5,063
Net interest income (loss)	43,798			40,516	(3,043	)	(2,992	)	40,755		37,524
(Benefit) provision for loan losses	(7,500		)	—	—		—		(7,500	)	—
Net interest income (loss) after (benefit) provision for loan losses	51,298			40,516	(3,043	)	(2,992	)	48,255		37,524
Noninterest income	22,450			13,747	91		90		22,541		13,837
Noninterest expense	56,343			43,230	167		(19	)	56,510		43,211
Income (loss) before provision (benefit) for income taxes	17,405			11,033	(3,119	)	(2,883	)	14,286		8,150
Provision (benefit) for income taxes	2,647			1,901	(1,091	)	1,017		1,556		2,918
Net income (loss)	14,758			9,132	(2,028	)	(3,900	)	12,730		5,232
Net income attributable to noncontrolling interest in subsidiary	18			1	—		—		18		1
Net income (loss) attributable to First Banks, Inc.	$	14,740		9,131	(2,028	)	(3,900	)	12,712		5,231



	First Bank					Corporate, Other and Intercompany Reclassifications				Consolidated Totals
	Six Months Ended					Six Months Ended				Six Months Ended
	June 30,					June 30,				June 30,
(dollars in thousands)	2015			2014		2015		2014		2015		2014
Income statement information:
Interest income	$	87,650		84,746		—		30		87,650		84,776
Interest expense	4,261			4,092		6,047		6,820		10,308		10,912
Net interest income (loss)	83,389			80,654		(6,047	)	(6,790	)	77,342		73,864
(Benefit) provision for loan losses	(7,500		)	—		—		—		(7,500	)	—
Net interest income (loss) after (benefit) provision for loan losses	90,889			80,654		(6,047	)	(6,790	)	84,842		73,864
Noninterest income	40,487			27,916		182		206		40,669		28,122
Noninterest expense	106,586			85,833		343		(264	)	106,929		85,569
Income (loss) before provision (benefit) for income taxes	24,790			22,737		(6,208	)	(6,320	)	18,582		16,417
Provision (benefit) for income taxes	5,341			6,021		(2,172	)	(186	)	3,169		5,835
Net income (loss)	19,449			16,716		(4,036	)	(6,134	)	15,413		10,582
Net income (loss) attributable to noncontrolling interest in subsidiary	27			(54	)	—		—		27		(54	)
Net income (loss) attributable to First Banks, Inc.	$	19,422		16,770		(4,036	)	(6,134	)	15,386		10,636

FIRST BANKS, INC 10-Q