TCF Financial Corporation (TCB) 2016年年度报告「NYSE」.pdf

1、 the power of ONETCF Financial Corporation2016 Annual Report4 STRATEGIC PILLARSTABLE OF CONTENTSLetter to Our Shareholders 1FORM 10-KBusiness 1Risk Factors 7Selected Financial Data 20Managements Discussion and Analysis 21Consolidated Financial Statements 58Notes to Consolidated Financial Statements

2、63Other Financial Data 111CORPORATE INFORMATIONMission,Vision and Values A-2Offices A-3Stockholder Information A-4Senior Officers A-5Board of Directors A-6Remembering William A.Cooper A-7Introduced in 2015,the four strategic pillars represent the basis for TCFs business model and strategic decision

3、making processes.The pillars are built on a strong enterprise risk management and credit culture.Execution against these four pillars is critical to ensure the creation of superior and sustainable financial performance.Focus on national vs.footprint lending increases quality and diversification of p

4、ortfolioDIVERSIFICATIONStrong origination and loan sale capabilities drive loan growth and revenue diversification with a continued high net interest marginPROFITABLE GROWTHFocus on improving operating leverage following recent build-out of key functionsOPERATING LEVERAGEMaintain sufficient funding

5、sources to support loan and lease growthCORE FUNDING$1Dear Shareholders:Reflecting on 2016,I am pleased with our accomplishments,our progress toward executing on our vision for the company and the results we delivered for our shareholders.Despite a persistently challenging banking environment in whi

6、ch interest rates remained low,competition remained steady and regulatory expectations continued to build,we were dis-ciplined in our execution of important initiatives to drive the company forward.We grew 2016 diluted earnings per com-mon share by 7.5 percent from 2015,while return on average asset