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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest Income    
Loans $ 907 $ 772
Securities 163 162
Securities borrowed or purchased under resale agreements 334 126
Trading assets 93 92
Other 41 14
Total interest income 1,538 1,166
Interest Expense    
Deposits 184 68
Commercial paper and other short-term borrowings 56 33
Long-term debt 131 80
Securities loaned or sold under repurchase agreements 355 138
Trading liabilities 29 22
Total interest expense 755 341
Net Interest Income 783 825
(Reversal of) provision for credit losses 38 (2)
Net interest income after (reversal of) provision for credit losses 745 827
Noninterest Income    
Service charges on deposit accounts 42 45
Trust and investment management fees 29 29
Trading account activities 19 2
Securities gains, net 1 0
Credit facility fees 23 23
Brokerage commissions and fees   18
Card processing fees, net 13 12
Investment banking and syndication fees 124 89
Brokerage Commissions Revenue 20  
Fees from affiliates 342 276
Other, net 19 (112)
Total noninterest income 632 382
Noninterest Expense    
Salaries and employee benefits 685 670
Net occupancy and equipment 112 90
Professional and outside services 160 132
Software 80 70
Regulatory assessments 16 23
Intangible asset amortization 7 7
Other 110 92
Total noninterest expense 1,170 1,084
Income before income taxes and including noncontrolling interests 207 125
Income tax expense (benefit) 28 (42)
Net Income Including Noncontrolling Interests 179 167
Deduct: Net loss from noncontrolling interests 5 (1)
Net Income Attributable to MUAH $ 184 $ 166