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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest Income        
Loans $ 739 $ 934 $ 1,596 $ 1,841
Securities 132 144 252 307
Securities borrowed or purchased under resale agreements 33 84 157 418
Trading assets 96 90 187 183
Other 9 50 42 91
Total interest income 1,009 1,302 2,234 2,840
Interest Expense        
Deposits 97 215 269 399
Commercial paper and other short-term borrowings 9 52 36 108
Long-term debt 88 127 197 258
Securities loaned or sold under repurchase agreements 13 105 132 460
Trading liabilities 15 26 39 55
Total interest expense 222 525 673 1,280
Net Interest Income 787 [1] 777 [1] 1,561 1,560
(Reversal of) provision for credit losses 361 [1] 56 [1] 831 94
Net interest income after (reversal of) provision for credit losses 426 721 730 1,466
Noninterest Income        
Service charges on deposit accounts 34 40 75 82
Trust and investment management fees 29 29 58 58
Trading account activities 37 17 1 36
Securities gains, net 57 22 110 23
Credit facility fees 26 24 50 47
Brokerage commissions and fees 15 19 33 39
Card processing fees, net 11 14 25 27
Investment banking and syndication fees 164 102 284 226
Fees from affiliates 393 353 754 695
Other, net 43 29 31 48
Total noninterest income 809 649 1,421 1,281
Noninterest Expense        
Salaries and employee benefits 697 696 1,373 1,381
Net occupancy and equipment 106 103 222 215
Professional and outside services 173 161 345 321
Software 85 72 175 152
Regulatory assessments 17 12 30 28
Intangible asset amortization 5 10 12 17
Other 95 100 222 210
Total noninterest expense 1,178 [1] 1,154 [1] 2,379 2,324
Income before income taxes and including noncontrolling interests 57 [1] 216 [1] (228) 423
Income tax expense (benefit) 39 [1] 20 [1] 64 48
Net Income (Loss) Including Noncontrolling Interests 18 [1] 196 [1] (292) 375
Deduct: Net loss (income) from noncontrolling interests 4 [1] 3 [1] 8 8
Net Income (Loss) Attributable to MUAH $ 22 [1] $ 199 [1] $ (284) $ 383
[1] As of and for the Three Months Ended June 30, 2020:(Dollars in millions) Regional Bank Global Corporate & Investment Banking - U.S. Transaction Banking MUSA Other MUFG Americas Holdings CorporationResults of operations Net interest income $500 $95 $46 $96 $50 $787Noninterest income 97 117 9 187 399 809Total revenue 597 212 55 283 449 1,596Noninterest expense 502 131 44 150 351 1,178(Reversal of) provision for credit losses 317 41 — — 3 361Income (loss) before income taxes and including noncontrolling interests (222) 4011133 9557Income tax expense (benefit) (1) (65) (5) — 34 75 39Net income (loss) including noncontrolling interests (157) 45 11 99 20 18Deduct: net (income) loss from noncontrolling interests — — — — 4 4Net income (loss) attributable to MUAH $(157) $45 $11 $99 $24 $22 Total assets, end of period $71,941 $21,735 $251 $27,881 $45,542 $167,350