 |
($ in thousands, except per share data)
|
|
|
|
2002 |
|
2001 |
|
2000 |
|
| Net income, as reported (GAAP) |
$ |
59,158 |
$ |
41,892 |
$ |
6,989 |
| Non-operating items, (income)
expenses: |
|
|
|
|
|
|
| Gains on asset sales (a) |
|
(6,120) |
|
(4,772) |
|
(6,017) |
| Noninterest expenses, non-operating
items (a) |
|
10,313 |
|
3,513 |
|
39,769 |
Provision for loan losses to conform
Anchor
Financial's credit risk methodologies |
|
— |
|
— |
|
3,000 |
| Related income taxes |
|
(1,257) |
|
357 |
|
(10,420) |
Cumulative
effect to change in accounting principle,
net of tax |
|
1,406 |
|
(282) |
|
— |
|
| Operating earnings (non-GAAP) |
|
63,500 |
|
40,708 |
|
33,321 |
| Amortization of intangables, net
of tax |
|
1,053 |
|
5,196 |
|
5,692 |
|
| Operating earnings (non-GAAP),
cash basis |
$ |
64,553 |
$ |
45,904 |
$ |
39,013 |
|
| |
| Average common shares outstanding,
diluted (000s) |
|
42,715 |
|
42,824 |
|
43,551 |
| Per common share data, diluted: |
|
|
|
|
|
|
| Net income, as reported (GAAP) |
$ |
1.38 |
|
0.98 |
$ |
0.16 |
| Operating earnings (non-GAAP) |
|
1.49 |
|
0.95 |
|
0.77 |
| Operating earnings (non-GAAP), cash
basis |
|
1.51 |
|
1.07 |
|
0.90 |
Notes:
(a) See components of Noninterest Income and Expenses on page
14 for a list of these items.
|
|
|
