XML 48 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest Income      
Loans $ 3,625 $ 3,303 $ 2,892
Securities 619 665 564
Securities borrowed or purchased under resale agreements 765 652 347
Trading assets 360 415 326
Other 180 90 50
Total interest income 5,549 5,125 4,179
Interest Expense      
Deposits 826 441 241
Commercial paper and other short-term borrowings 202 168 58
Long-term debt 497 365 250
Securities loaned or sold under repurchase agreements 830 734 353
Trading liabilities 101 110 73
Total interest expense 2,456 1,818 975
Net Interest Income 3,093 3,307 3,204
(Reversal of) provision for credit losses 252 106 (103)
Net interest income after (reversal of) provision for credit losses 2,841 3,201 3,307
Noninterest Income      
Service charges on deposit accounts 166 179 188
Trust and investment management fees 117 118 121
Trading account activities 70 (24) (5)
Securities gains, net 39 8 17
Credit facility fees 98 90 98
Brokerage commissions and fees 74 73 69
Card processing fees, net 56 50 47
Investment banking and syndication fees 433 355 369
Fees from affiliates 1,439 1,213 866
Other, net 213 115 240
Total noninterest income 2,705 2,177 2,010
Noninterest Expense      
Salaries and employee benefits 2,687 2,616 2,495
Net occupancy and equipment 431 367 357
Professional and outside services 651 487 439
Software 313 287 192
Regulatory assessments 63 85 82
Intangible asset amortization 34 26 30
Goodwill, Impairment Loss 1,614 0 0
Other 422 409 389
Total noninterest expense 6,215 4,277 3,984
Income before income taxes and including noncontrolling interests (669) 1,101 1,333
Income tax expense (benefit) 82 52 299
Net (Loss) Income Including Noncontrolling Interests (751) 1,049 1,034
Deduct: Net loss (income) from noncontrolling interests 17 24 43
Net (Loss) Income Attributable to MUAH $ (734) $ 1,073 $ 1,077