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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest Income        
Loans $ 688 $ 693 $ 2,066 $ 2,109
Securities 116 113 339 343
Other 5 2 10 10
Total interest income 809 808 2,415 2,462
Interest Expense        
Deposits 48 58 150 181
Commercial paper and other short-term borrowings 3 1 6 4
Long-term debt 53 42 152 124
Total interest expense 104 101 308 309
Net Interest Income 705 707 2,107 2,153
Provision for credit losses 18 1 36 7
Net interest income after provision for credit losses 687 706 2,071 2,146
Noninterest Income        
Service charges on deposit accounts 49 52 147 153
Trust and investment management fees 27 26 81 78
Trading account activities 7 33 34 63
Securities gains, net 6 13 14 16
Credit facility fees 27 30 87 89
Merchant banking fees 22 38 62 89
Brokerage commissions and fees 13 14 40 40
Card processing fees, net 8 8 25 25
Fees from affiliates 185 151 543 151
Other, net 53 23 84 67
Total noninterest income 397 388 1,117 771
Noninterest Expense        
Salaries and employee benefits 557 492 1,679 1,258
Net occupancy and equipment 79 74 234 220
Professional and outside services 78 66 219 184
Intangible asset amortization 10 13 30 39
Regulatory assessments 11 13 38 44
Other 120 106 347 281
Total noninterest expense 855 764 2,547 2,026
Income before income taxes and including noncontrolling interests 229 330 641 891
Income tax expense 64 88 169 242
Net Income Including Noncontrolling Interests 165 242 472 649
Deduct: Net loss from noncontrolling interests 21 5 32 14
Net Income Attributable to MUAH $ 186 $ 247 $ 504 $ 663