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City National Corporation 2001 Online Summary Annual Report
The Blue LadderFinancial HighlightsLetter to ShareholdersFinancial InformationBanking OfficesDirectors and Executives

CONDENSED CONSOLIDATED STATEMENT OF
CHANGES IN SHAREHOLDERS' EQUITY
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For the year ended December 31,
Dollars in thousands
   
2001
2000
 
Beginning balance
 
$
743,648
   
$
571,646
 
 
Net income
   
146,170
     
131,660
 
Issuance of shares for acquisitions
   
---
     
77,145
 
Other comprehensive income net of tax
   
22,167
     
15,700
 
Issuance of shares for stock options
   
14,967
     
7,285
 
Tax benefit from stock options
   
4,482
     
2,469
 
Repurchased shares, net
   
(5,394
)
   
(29,411
)
Cash dividends
   
(35,463
)
   
(32,846
)
 
Ending balance
 
$
890,577
   
$
743,648
 

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