Issuer Purchases of Equity Securities The following table provides information about our repurchases of common stock during the three-month period ended December 31, 2007.
## Table 0 ##
(a) We repurchased a total of 2,957,300 shares of our common stock during the quarter ended December 31, 2007 under a share repurchase program that we announced in October 2002.
(b) Our Board of Directors has approved a share repurchase program for the repurchase of up to 128 million shares of our common stock from time-to-time, including 20 million shares approved for repurchase by our Board of Directors in September 2007.
Under the program, management has discretion to determine the number and price of the shares to be repurchased, and the timing of any repurchases, in compliance with applicable law and regulation.
As of December 31, 2007, we had repurchased a total of 95.3 million shares under the program.
In 2007, we did not make any unregistered sales of equity securities.
For a more detailed description of the estimates and allocations used to measure business segment performance, see Note 21 to the Consolidated Financial Statements.
Commercial Banking consists principally of commercial lending, commercial real estate finance lending and commercial deposit gathering activities.
This segment also includes the equipment financing operations of PCLC, as well as cash management, correspondent banking and municipal banking.
## Table 1 ##
Commercial Banking income from continuing operations declined $3.8 million, or 8%, in 2006 compared to 2005, primarily reflecting lower fee-based revenues and an increase in non-interest expense, partially offset by an increase in other non-interest income.
Net interest income increased $0.8 million, or 1%, reflecting a $284 million, or 8%, increase in average earning assets, partially offset by narrower net spreads.
The $3.9 million decrease in fee-based revenues reflects lower lending-related charges and fees, primarily lower commercial real estate finance loan prepayment penalties.
The increase in other non-interest income primarily reflects a $2.7 million increase in rental income on leased equipment.
The $4.6 million, or 6%, increase in non-interest expense reflects an increase in direct expenses due to the continued growth in Commercial Banking, including a $2.0 million increase in the amortization expense of equipment leased to commercial customers.
The increase in average earning assets compared to 2005 reflects increases of $183 million, or 35%, in PCLC loans, and $127 million, or 10%, in commercial loans, partially offset by a $25 million, or 1%, decrease in commercial real estate finance loans.
Average commercial non-interest-bearing deposits totaled $939 million for 2006, a $43 million, or 4%, decrease compared to 2005, reflecting the current higher interest rate environment.
Commercial Banking income from continuing operations increased $0.6 million, or 1%, in 2005 compared to 2004, reflecting increases in net interest income and fee-based revenues, partially offset by increases in non-interest expense.
Net interest income increased $3.9 million, or 3%, reflecting a $417 million, or 13%, increase in average earning assets, partially offset by narrower net spreads.
The $3.3 million increase in fee-based revenues reflects higher lending-related charges and fees, primarily higher commercial real estate finance loan prepayment penalties.
The $6.3 million, or 9%, increase in non-interest expense reflects a $5.3 million increase in allocated expenses, due to the continued growth in this business during 2005 and a higher level of charges related to loan prepayments.
The increase in average earning assets compared to 2004 reflects increases of $224 million, or 21%, in commercial loans, $164 million, or 46%, in PCLC loans and $30 million, or 2%, in commercial real estate finance loans.
Average commercial non-interest-bearing deposits grew $43 million, or 5%, on a year-over-year basis.
People’s United Financial, Inc.  and Subsidiaries Notes to Consolidated Financial Statements FDIC Loss-Share Receivable On April 16, 2010, People’s United Bank entered into a definitive purchase and assumption agreement (the “Agreement”) with the FDIC pursuant to which People’s United Bank assumed all of the deposits, certain assets and the banking operations of Butler Bank.
The Agreement also provides for loss-share coverage by the FDIC, up to certain limits, on all covered assets (loans and REO).
The FDIC is obligated to reimburse People’s United Bank for 80% of any future losses on covered assets up to $34.0 million.
People’s United Bank will reimburse the FDIC for 80% of recoveries with respect to losses for which the FDIC paid 80% reimbursement under the loss-sharing coverage.
The asset arising from the loss-sharing coverage, referred to as the “FDIC loss-share receivable” is included in other assets in the Consolidated Statements of Condition (see Note 7).
The FDIC loss-share receivable is measured separately from the covered loans because the coverage is not contractually embedded in the loans and is not transferable should People’s United Bank choose to dispose of the covered loans.
The FDIC loss-share receivable will be reduced as losses are realized on covered assets and as loss-sharing payments are received from the FDIC.
Realized losses in excess of the acquisition date estimates will result in an increase in the FDIC loss-share receivable.
Conversely, the FDIC loss-share receivable will be reduced if realized losses are less than the estimates at acquisition.
The amount ultimately collected for the FDIC loss-share receivable is dependent upon the performance of the underlying covered assets over time and claims submitted to the FDIC.
In the event that losses under the loss-share coverage do not reach expected levels, People’s United Bank has agreed to make a cash payment to the FDIC on approximately the tenth anniversary of the Agreement.
NOTE 5 – Goodwill and Other Acquisition-Related Intangible Assets Goodwill Changes in the carrying amount of People’s United Financial’s goodwill are summarized as follows for the years ended December 31, 2013, 2012 and 2011:
## Table 2 ##
Recent acquisitions have been undertaken with the objective of expanding the Company’s business, both geographically and through product offerings, as well as realizing synergies and economies of scale by combining with the acquired entities.
For these reasons, a market-based premium was generally paid for the acquired entities which, in turn, resulted in the recognition of goodwill, representing the excess of the respective purchase prices over the estimated fair value of the net assets acquired.

<table><tr><td><i>Period</i></td><td><i>Total Number of</i><i>Shares Purchased</i></td><td><i>Average Price</i><i>Paid Per</i><i>Share</i></td><td><i>Total Number of Shares</i><i>Purchased as Part of</i><i>PubliclyAnnounced</i><i>Program<sup>(a)</sup></i></td><td><i>Maximum Number of</i><i>Shares That May Yet Be</i><i>Purchased Under the</i><i>Program<sup>(b)</sup></i></td></tr><tr><td>October</td><td>127,100</td><td>$108.58</td><td>127,100</td><td>35,573,131</td></tr><tr><td>November</td><td>1,504,300</td><td>109.07</td><td>1,504,300</td><td>34,068,831</td></tr><tr><td>December</td><td>1,325,900</td><td>108.78</td><td>1,325,900</td><td>32,742,931</td></tr></table>
<table><tr><td> Years ended December 31 (in millions)</td><td> 2006</td><td> 2005</td><td> 2004</td></tr><tr><td>Net interest income</td><td>$130.5</td><td>$129.7</td><td>$125.8</td></tr><tr><td>Provision for loan losses</td><td>10.5</td><td>9.4</td><td>8.8</td></tr><tr><td>Non-interest income:</td><td></td><td></td><td></td></tr><tr><td>Fee-based revenues</td><td>17.8</td><td>21.7</td><td>18.4</td></tr><tr><td>Other non-interest income</td><td>5.0</td><td>2.0</td><td>1.4</td></tr><tr><td>Total non-interest income</td><td>22.8</td><td>23.7</td><td>19.8</td></tr><tr><td>Non-interest expense</td><td>78.3</td><td>73.7</td><td>67.4</td></tr><tr><td>Income before income tax expense</td><td>64.5</td><td>70.3</td><td>69.4</td></tr><tr><td>Income tax expense</td><td>22.6</td><td>24.6</td><td>24.3</td></tr><tr><td>Income from continuing operations</td><td>$41.9</td><td>$45.7</td><td>$45.1</td></tr><tr><td>Average earning assets</td><td>$3,904.9</td><td>$3,620.9</td><td>$3,204.3</td></tr><tr><td>Average liabilities</td><td>1,172.7</td><td>1,270.5</td><td>1,195.3</td></tr><tr><td>Year end assets</td><td>4,155.0</td><td>3,812.2</td><td>3,531.8</td></tr></table>
<table><tr><td></td><td colspan="4">Operating Segment</td></tr><tr><td>(in millions)</td><td>CommercialBanking</td><td>Retail and Business Banking</td><td>WealthManagement</td><td>Total</td></tr><tr><td>Balance at December 31, 2010</td><td>$1,037.1</td><td>$636.5</td><td>$49.8</td><td>$1,723.4</td></tr><tr><td>Acquisition of Danvers</td><td>183.6</td><td>45.9</td><td>—</td><td>229.5</td></tr><tr><td>Adjustments</td><td>0.2</td><td>-1.7</td><td>—</td><td>-1.5</td></tr><tr><td>Balance at December 31, 2011</td><td>1,220.9</td><td>680.7</td><td>49.8</td><td>1,951.4</td></tr><tr><td>Acquisition of branches</td><td>—</td><td>0.7</td><td>—</td><td>0.7</td></tr><tr><td>Adjustments</td><td>1.9</td><td>0.5</td><td>—</td><td>2.4</td></tr><tr><td>Balance at December 31, 2012</td><td>1,222.8</td><td>681.9</td><td>49.8</td><td>1,954.5</td></tr><tr><td>Balance at December 31, 2013</td><td>$1,222.8</td><td>$681.9</td><td>$49.8</td><td>$1,954.5</td></tr></table>

Question: At December 31, what year is the Balance for Commercial Banking in terms of Operating Segment smaller than 1100 million?