however , consistent loan growth could help offset some of these pressures . the company continued to actively manage its balance sheet in 2011 in order to maintain capital , reduce credit and operating risk , and restore profitability . the company continues to pursue expense reduction opportunities enabled by the improved credit quality profile and the bank consolidation . the company 's focus is to continue to actively manage its balance sheet while managing for increased growth across all markets and businesses . 30 private banking the following table presents a summary of profits/ ( losses ) , revenues and expenses for the private banking segment continuing operations for 2011 , 2010 , and 2009 . replace_table_token_6_th nm - not meaningful ( 1 ) loans presented in this table are loans from the private banking segment and do not include loans of non-banking affiliates or the holding company . ( 2 ) deposits presented in this table do not include intercompany eliminations related to deposits in the bank from non-banking affiliates or the holding company . the company 's private banking segment reported net income of $ 40.1 million in 2011 , compared to a net loss of $ 0.8 million in 2010 and net income of $ 13.9 million in 2009 . the 2011 increase in net income , compared to 2010 , was a result of lower provision for loan losses , partially offset by decreased net interest income and income tax expense related to the pre-tax income in 2011 compared to the pre-tax loss reported in 2010. the decreased provision is related to improving credit quality as seen in lower charge-offs and decreases in criticized loans . during the year , the four affiliate banks that made up the private banking segment merged into one bank . the private banking segment incurred restructuring charges related to the merger of $ 5.5 million . assets under management ( “ aum ” ) at the bank in 2011 remained relatively unchanged as compared to 2010 , with net outflows of $ 0.1 billion offset by market appreciation of $ 0.1 billion . 31 total loans at the bank increased $ 170.3 million , or 4 % , to $ 4.6 billion , or 80 % of total assets at the bank , in 2011 from $ 4.5 billion , or 75 % of total assets at the bank , in 2010 . a discussion of the company 's loan portfolio can be found below in part ii . item 7 . “ management 's discussion and analysis of financial condition and results of operations : loan portfolio and credit quality . ” deposits at the bank remained relatively unchanged at $ 4.6 billion in 2011 and 2010 . a discussion of the company 's deposits can be found below in part ii . item 7 . “ management 's discussion and analysis of financial condition and results of operations : financial condition . ” investment management the following table presents a summary of profits/ ( losses ) , revenues and expenses for the investment management segment continuing operations for 2011 , 2010 , and 2009 . replace_table_token_7_th _ nm - not meaningful the company 's investment management segment reported net income of $ 4.2 million in 2011 compared to net income of $ 3.3 million and $ 1.9 million in 2010 and 2009 , respectively . investment management fee revenue increased 8 % from 2010 , due primarily to positive market conditions at the end of 2010 and the beginning of 2011. investment management and trust fee revenue from the investment management segment is earned based on beginning-of-period aum for the fiscal quarter ; therefore changes in revenue generally lag behind changes in aum . as a result , the market appreciation at the end of 2010 had a greater impact on 2011 revenue than on 2010 revenues . in 2011 , the change in aum was impacted by net outflows of $ 0.6 billion , partially offset by market appreciation . in 2010 , the change in aum was impacted by market appreciation of $ 1.3 billion , partially offset by $ 0.2 billion of net outflows . operating expenses at the investment managers increased in 2011 and 2010 , primarily due to changes in variable compensation related to fee revenue . 32 wealth advisory the following table presents a summary of profits/ ( losses ) , revenues and expenses for the wealth advisory segment continuing operations for 2011 , 2010 , and 2009 . replace_table_token_8_th _ nm - not meaningful the company 's wealth advisory segment reported net income of $ 4.6 million in 2011 , compared to net income of $ 3.8 million and $ 2.8 million in 2010 and 2009 , respectively . wealth advisory fees increased 8 % from 2010 due primarily to increases in fee-based contracts , new clients , and aum . operating expenses increased 5 % from 2010 , due primarily to increased variable compensation as a result of increased fees . aum changes for the wealth advisors in 2011 were primarily the result of net inflows of $ 0.2 billion , partially offset by market depreciation of $ 0.1 billion . aum changes for the wealth advisors in 2010 were primarily the result of market appreciation of $ 0.3 billion and net inflows of $ 0.3 billion . the wealth advisors have had twelve consecutive quarters of net inflows and net inflows in seventeen of the past eighteen quarters . the wealth advisory segment adds fee income to the company 's revenue base that is more resistant to fluctuations in market conditions in comparison to the investment management segment since financial planning fees are typically less correlated to the equity markets . 33 critical accounting policies critical accounting policies are reflective of significant judgments and uncertainties , and could potentially result in materially different results under different assumptions and conditions . story_separator_special_tag the company 's 2011 earnings were positively impacted by improving asset quality , as seen in the lower provision for loan losses , improved performance in the fee-based businesses , and improved holding company performance . these improvements were partially offset by restructuring expenses due to the merger of the bank and a decrease in net interest margin due to the interest rate environment . the company 's 2010 earnings were adversely impacted by the provision for loan losses of $ 87.2 million and increased operating expenses associated with managing a large portfolio of problematic loans , as well as increased salaries and employee benefits expense , primarily associated with executive transition charges . the company 's 2009 earnings were positively impacted by pre-tax gains of $ 18.3 million recognized from the repurchase of a portion of the trust preferred securities issued by boston private capital trust i , offset by increased provision for loan losses . the following discussions are based on the company 's continuing operations , unless otherwise stated . selected financial highlights are presented in the table below : replace_table_token_9_th nm - not meaningful 38 net interest income and margin net interest income represents the difference between interest earned , primarily on loans and investments , and interest accrued on funding sources , primarily deposits and borrowings . average balances are based on daily averages for the bank and on month-end averages for the non-bank affiliates and holding company . interest rate spread is the difference of the average rate earned on total interest earning assets and the average rate paid on total interest-bearing liabilities . net interest margin is the amount of net interest income , on a fully taxable-equivalent ( “ fte ” ) basis , expressed as a percentage of average interest-earning assets . the average rate earned on earning assets is the amount of taxable equivalent interest income expressed as a percentage of average earning assets . the average rate paid on interest-bearing liabilities is equal to interest expense expressed as a percentage of average interest-bearing liabilities . the following table sets forth the composition of the company 's net interest margin for the years ended december 31 , 2011 , 2010 , and 2009 , however the discussion following these tables reflects non-fte data . 39 replace_table_token_10_th 40 ( 1 ) interest income on non-taxable investments and loans is presented on a fte basis using the federal statutory rate of 35 % for each year presented . the discussion following this table reflects non-fte data . ( 2 ) includes loans held for sale and nonaccrual loans . ( 3 ) assets and liabilities of discontinued operations are included in other assets in the 2009 average balance sheet above . interest income , interest expense and average yields/ rates exclude discontinued operations . ( 4 ) unrealized gains and losses on investment securities are included in other assets in the average balance sheets above . rate/volume analysis the following table describes the extent to which changes in interest rates and changes in the volume of interest-earning assets and interest-bearing liabilities have affected the company 's interest income and interest expense during the periods indicated . information is provided in each category with respect to ( i ) changes attributable to changes in volumes ( changes in average balance multiplied by prior year average rate ) and ( ii ) changes attributable to changes in rate ( change in average interest rate multiplied by prior year average balance ) . changes attributable to the combined impact of volumes and rates have been allocated proportionately to separate volume and rate categories . changes in rate are presented on a non-fte basis in the table below . replace_table_token_11_th ( 1 ) interest income on non-taxable investments and loans is presented on a non-fte basis in this rate-volume table . the discussion following this table also reflects non-fte data . net interest income . net interest income decreased 1 % from 2010 to 2011 , and increased 13 % from 2009 to 2010 . the decline in net interest income in 2011was primarily due to the low interest rate environment which has compressed the company 's net interest margin , the mix of the loan portfolio to lower risk and lower rate residential loans , and lower loan growth than in recent years . the growth in net interest income for 2010 and 2009 was accomplished through growing the company 's interest earning assets which were primarily funded by increased deposits . 41 the company 's net interest margin , on a fte basis , decreased 5 basis points to 3.25 % in 2011 from 3.30 % in 2010 , after increasing 21 basis points in 2010 from 3.09 % in 2009 . the decrease in the company 's net interest margin in 2011 as compared to 2010 is primarily related to the lower interest rates earned on loans and investments as borrowers refinance at lower current market rates and maturing investments are reinvested at lower current market rates as well as the mix in the loan portfolio . due to the already low market rates on deposits and borrowings , the decline in interest rates on loans and investments can not be completely offset by lower cost of funds . the increase in the company 's net interest margin in 2010 as compared to 2009 is primarily related to lower interest expense due to lower rates paid on deposits , particularly certificates of deposit and money market accounts , as well as a lower volume of borrowed funds due primarily to the 2009 debt repurchases and the 2009 and 2010 repayments of federal home loan bank ( `` fhlb `` ) borrowings . these savings on interest expense were partially offset by lower interest income due to lower interest rates earned on investments and loans , particularly commercial , construction , and residential loans . interest and dividend income . interest and dividend income

capital resources total shareholders ' equity at december 31 , 2011 was $ 566.1 million , compared to $ 518.9 million at december 31 , 2010 , an increase of $ 47.2 million , or 9 % . the increase in shareholders ' equity was primarily the result of the 2011 net income , the final deferred acquisition payment made in 2011 to anchor 's minority shareholders pursuant to the terms of the original anchor acquisition agreement , stock compensation and increases in unrealized gains on securities available for sale , partially offset by dividends paid and additional tax effects related to stock compensation awards . as a bank holding company , the company is subject to various regulatory capital requirements administered by federal agencies . failure to meet minimum capital requirements can result in certain mandatory , and possibly additional discretionary actions by regulators that , if undertaken , could have a material effect on the company 's financial statements . for example , under capital adequacy guidelines and the regulatory framework for prompt corrective action , the bank , which is a wholly-owned subsidiary of the company , must meet specific capital guidelines that involve quantitative measures of the bank 's assets and certain off-balance sheet items as calculated under regulatory guidelines . the bank 's capital amounts and classifications are also subject to qualitative judgments by the regulators about components , risk weightings , and other factors . similarly , the company is also subject to capital requirements administered by the federal reserve with respect to certain non-banking activities , including adjustments in connection with off-balance sheet items . to be categorized as `` well capitalized , '' the company and the bank must maintain minimum total risk-based , tier i risk-based , and tier i leverage ratios as set forth in the regulatory capital and capital ratios table . see part ii . item 8 . “ financial statements and supplementary data—note 24 : regulatory matters ” for further detail , including the regulatory capital and capital ratios table . in addition , the company and the bank can not be subject to any written agreement , order or capital directive or prompt corrective action to be considered `` well capitalized . ''


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```capital resources total shareholders ' equity at december 31 , 2011 was $ 566.1 million , compared to $ 518.9 million at december 31 , 2010 , an increase of $ 47.2 million , or 9 % . the increase in shareholders ' equity was primarily the result of the 2011 net income , the final deferred acquisition payment made in 2011 to anchor 's minority shareholders pursuant to the terms of the original anchor acquisition agreement , stock compensation and increases in unrealized gains on securities available for sale , partially offset by dividends paid and additional tax effects related to stock compensation awards . as a bank holding company , the company is subject to various regulatory capital requirements administered by federal agencies . failure to meet minimum capital requirements can result in certain mandatory , and possibly additional discretionary actions by regulators that , if undertaken , could have a material effect on the company 's financial statements . for example , under capital adequacy guidelines and the regulatory framework for prompt corrective action , the bank , which is a wholly-owned subsidiary of the company , must meet specific capital guidelines that involve quantitative measures of the bank 's assets and certain off-balance sheet items as calculated under regulatory guidelines . the bank 's capital amounts and classifications are also subject to qualitative judgments by the regulators about components , risk weightings , and other factors . similarly , the company is also subject to capital requirements administered by the federal reserve with respect to certain non-banking activities , including adjustments in connection with off-balance sheet items . to be categorized as `` well capitalized , '' the company and the bank must maintain minimum total risk-based , tier i risk-based , and tier i leverage ratios as set forth in the regulatory capital and capital ratios table . see part ii . item 8 . “ financial statements and supplementary data—note 24 : regulatory matters ” for further detail , including the regulatory capital and capital ratios table . in addition , the company and the bank can not be subject to any written agreement , order or capital directive or prompt corrective action to be considered `` well capitalized . ''
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 Suspicious Activity Report : however , consistent loan growth could help offset some of these pressures . the company continued to actively manage its balance sheet in 2011 in order to maintain capital , reduce credit and operating risk , and restore profitability . the company continues to pursue expense reduction opportunities enabled by the improved credit quality profile and the bank consolidation . the company 's focus is to continue to actively manage its balance sheet while managing for increased growth across all markets and businesses . 30 private banking the following table presents a summary of profits/ ( losses ) , revenues and expenses for the private banking segment continuing operations for 2011 , 2010 , and 2009 . replace_table_token_6_th nm - not meaningful ( 1 ) loans presented in this table are loans from the private banking segment and do not include loans of non-banking affiliates or the holding company . ( 2 ) deposits presented in this table do not include intercompany eliminations related to deposits in the bank from non-banking affiliates or the holding company . the company 's private banking segment reported net income of $ 40.1 million in 2011 , compared to a net loss of $ 0.8 million in 2010 and net income of $ 13.9 million in 2009 . the 2011 increase in net income , compared to 2010 , was a result of lower provision for loan losses , partially offset by decreased net interest income and income tax expense related to the pre-tax income in 2011 compared to the pre-tax loss reported in 2010. the decreased provision is related to improving credit quality as seen in lower charge-offs and decreases in criticized loans . during the year , the four affiliate banks that made up the private banking segment merged into one bank . the private banking segment incurred restructuring charges related to the merger of $ 5.5 million . assets under management ( “ aum ” ) at the bank in 2011 remained relatively unchanged as compared to 2010 , with net outflows of $ 0.1 billion offset by market appreciation of $ 0.1 billion . 31 total loans at the bank increased $ 170.3 million , or 4 % , to $ 4.6 billion , or 80 % of total assets at the bank , in 2011 from $ 4.5 billion , or 75 % of total assets at the bank , in 2010 . a discussion of the company 's loan portfolio can be found below in part ii . item 7 . “ management 's discussion and analysis of financial condition and results of operations : loan portfolio and credit quality . ” deposits at the bank remained relatively unchanged at $ 4.6 billion in 2011 and 2010 . a discussion of the company 's deposits can be found below in part ii . item 7 . “ management 's discussion and analysis of financial condition and results of operations : financial condition . ” investment management the following table presents a summary of profits/ ( losses ) , revenues and expenses for the investment management segment continuing operations for 2011 , 2010 , and 2009 . replace_table_token_7_th _ nm - not meaningful the company 's investment management segment reported net income of $ 4.2 million in 2011 compared to net income of $ 3.3 million and $ 1.9 million in 2010 and 2009 , respectively . investment management fee revenue increased 8 % from 2010 , due primarily to positive market conditions at the end of 2010 and the beginning of 2011. investment management and trust fee revenue from the investment management segment is earned based on beginning-of-period aum for the fiscal quarter ; therefore changes in revenue generally lag behind changes in aum . as a result , the market appreciation at the end of 2010 had a greater impact on 2011 revenue than on 2010 revenues . in 2011 , the change in aum was impacted by net outflows of $ 0.6 billion , partially offset by market appreciation . in 2010 , the change in aum was impacted by market appreciation of $ 1.3 billion , partially offset by $ 0.2 billion of net outflows . operating expenses at the investment managers increased in 2011 and 2010 , primarily due to changes in variable compensation related to fee revenue . 32 wealth advisory the following table presents a summary of profits/ ( losses ) , revenues and expenses for the wealth advisory segment continuing operations for 2011 , 2010 , and 2009 . replace_table_token_8_th _ nm - not meaningful the company 's wealth advisory segment reported net income of $ 4.6 million in 2011 , compared to net income of $ 3.8 million and $ 2.8 million in 2010 and 2009 , respectively . wealth advisory fees increased 8 % from 2010 due primarily to increases in fee-based contracts , new clients , and aum . operating expenses increased 5 % from 2010 , due primarily to increased variable compensation as a result of increased fees . aum changes for the wealth advisors in 2011 were primarily the result of net inflows of $ 0.2 billion , partially offset by market depreciation of $ 0.1 billion . aum changes for the wealth advisors in 2010 were primarily the result of market appreciation of $ 0.3 billion and net inflows of $ 0.3 billion . the wealth advisors have had twelve consecutive quarters of net inflows and net inflows in seventeen of the past eighteen quarters . the wealth advisory segment adds fee income to the company 's revenue base that is more resistant to fluctuations in market conditions in comparison to the investment management segment since financial planning fees are typically less correlated to the equity markets . 33 critical accounting policies critical accounting policies are reflective of significant judgments and uncertainties , and could potentially result in materially different results under different assumptions and conditions . story_separator_special_tag the company 's 2011 earnings were positively impacted by improving asset quality , as seen in the lower provision for loan losses , improved performance in the fee-based businesses , and improved holding company performance . these improvements were partially offset by restructuring expenses due to the merger of the bank and a decrease in net interest margin due to the interest rate environment . the company 's 2010 earnings were adversely impacted by the provision for loan losses of $ 87.2 million and increased operating expenses associated with managing a large portfolio of problematic loans , as well as increased salaries and employee benefits expense , primarily associated with executive transition charges . the company 's 2009 earnings were positively impacted by pre-tax gains of $ 18.3 million recognized from the repurchase of a portion of the trust preferred securities issued by boston private capital trust i , offset by increased provision for loan losses . the following discussions are based on the company 's continuing operations , unless otherwise stated . selected financial highlights are presented in the table below : replace_table_token_9_th nm - not meaningful 38 net interest income and margin net interest income represents the difference between interest earned , primarily on loans and investments , and interest accrued on funding sources , primarily deposits and borrowings . average balances are based on daily averages for the bank and on month-end averages for the non-bank affiliates and holding company . interest rate spread is the difference of the average rate earned on total interest earning assets and the average rate paid on total interest-bearing liabilities . net interest margin is the amount of net interest income , on a fully taxable-equivalent ( “ fte ” ) basis , expressed as a percentage of average interest-earning assets . the average rate earned on earning assets is the amount of taxable equivalent interest income expressed as a percentage of average earning assets . the average rate paid on interest-bearing liabilities is equal to interest expense expressed as a percentage of average interest-bearing liabilities . the following table sets forth the composition of the company 's net interest margin for the years ended december 31 , 2011 , 2010 , and 2009 , however the discussion following these tables reflects non-fte data . 39 replace_table_token_10_th 40 ( 1 ) interest income on non-taxable investments and loans is presented on a fte basis using the federal statutory rate of 35 % for each year presented . the discussion following this table reflects non-fte data . ( 2 ) includes loans held for sale and nonaccrual loans . ( 3 ) assets and liabilities of discontinued operations are included in other assets in the 2009 average balance sheet above . interest income , interest expense and average yields/ rates exclude discontinued operations . ( 4 ) unrealized gains and losses on investment securities are included in other assets in the average balance sheets above . rate/volume analysis the following table describes the extent to which changes in interest rates and changes in the volume of interest-earning assets and interest-bearing liabilities have affected the company 's interest income and interest expense during the periods indicated . information is provided in each category with respect to ( i ) changes attributable to changes in volumes ( changes in average balance multiplied by prior year average rate ) and ( ii ) changes attributable to changes in rate ( change in average interest rate multiplied by prior year average balance ) . changes attributable to the combined impact of volumes and rates have been allocated proportionately to separate volume and rate categories . changes in rate are presented on a non-fte basis in the table below . replace_table_token_11_th ( 1 ) interest income on non-taxable investments and loans is presented on a non-fte basis in this rate-volume table . the discussion following this table also reflects non-fte data . net interest income . net interest income decreased 1 % from 2010 to 2011 , and increased 13 % from 2009 to 2010 . the decline in net interest income in 2011was primarily due to the low interest rate environment which has compressed the company 's net interest margin , the mix of the loan portfolio to lower risk and lower rate residential loans , and lower loan growth than in recent years . the growth in net interest income for 2010 and 2009 was accomplished through growing the company 's interest earning assets which were primarily funded by increased deposits . 41 the company 's net interest margin , on a fte basis , decreased 5 basis points to 3.25 % in 2011 from 3.30 % in 2010 , after increasing 21 basis points in 2010 from 3.09 % in 2009 . the decrease in the company 's net interest margin in 2011 as compared to 2010 is primarily related to the lower interest rates earned on loans and investments as borrowers refinance at lower current market rates and maturing investments are reinvested at lower current market rates as well as the mix in the loan portfolio . due to the already low market rates on deposits and borrowings , the decline in interest rates on loans and investments can not be completely offset by lower cost of funds . the increase in the company 's net interest margin in 2010 as compared to 2009 is primarily related to lower interest expense due to lower rates paid on deposits , particularly certificates of deposit and money market accounts , as well as a lower volume of borrowed funds due primarily to the 2009 debt repurchases and the 2009 and 2010 repayments of federal home loan bank ( `` fhlb `` ) borrowings . these savings on interest expense were partially offset by lower interest income due to lower interest rates earned on investments and loans , particularly commercial , construction , and residential loans . interest and dividend income . interest and dividend income

