Throughout this earnings release , all information is reported on a continuing operations basis unless otherwise noted . Quarterly returns are annualized . Certain amounts are presented on an FTE basis . We believe that this presentation provides comparability of amounts arising from both taxable and tax-exempt sources , and is consistent with industry practice . The adjustment to an FTE basis has no impact on net income . Where financial measures are presented excluding certain specified amounts , we believe the presentation enhances investor understanding of period-to-period results .