FirstMerit Corporation and Subsidiaries

 

17. Segment Information

The Corporation provides a diversified range of banking and certain nonbanking financial services and products through its various subsidiaries. Management reports the results of the Corporation’s operations through its major line of business, Supercommunity Banking. Parent Company, Other Subsidiaries and Eliminations include activities that are not directly attributable to Supercommunity Banking. Included in this category are certain nonbanking affiliates, eliminations of certain intercompany transactions and certain nonrecurring transactions. Also included are portions of certain assets, capital and support functions not specifically identifiable with Supercommunity Banking. The Corporation’s business is conducted solely in the United States.

The accounting policies of the segment are the same as those described in the “Summary of Significant Accounting Policies.” The Corporation evaluates performance based on profit or loss from operations before income taxes.

The following table presents a summary of financial results and significant performance measures for the periods depicted:

The table below presents estimated revenues from external customers, by product and service group for the periods depicted.

 

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