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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 709 $ 716
Money market investments:    
Interest-bearing deposits 1,688 1,488
Federal funds sold and securities purchased under agreements to resell 894 937
Investment securities:    
Held-to-maturity, at amortized cost (fair value: $10,105 and $10,466) 10,209 10,382
Available-for-sale, at fair value 9,931 10,300
Trading, at fair value 59 48
Total investment securities 20,199 20,730
Loans held for sale 12 53
Loans and leases, net of unearned income and fees 58,109 57,779
Less allowance for loan and lease losses 699 684
Loans held for investment, net of allowance 57,410 57,095
Other noninterest-bearing investments 922 950
Premises, equipment and software, net 1,396 1,400
Goodwill and intangibles 1,057 1,059
Other real estate owned 6 6
Other assets 2,767 2,769
Total assets 87,060 87,203
Deposits:    
Noninterest-bearing demand 25,137 26,244
Interest-bearing:    
Savings and money market 38,879 38,721
Time 10,221 9,996
Total deposits 74,237 74,961
Federal funds and other short-term borrowings 4,895 4,379
Long-term debt 544 542
Reserve for unfunded lending commitments 37 45
Other liabilities 1,518 1,585
Total liabilities 81,231 81,512
Shareholders’ equity:    
Preferred stock, without par value; authorized 4,400 shares 440 440
Additional Paid in Capital 1,705 1,731
Retained earnings 6,293 6,212
Accumulated other comprehensive income (loss) (2,609) (2,692)
Total shareholders’ equity 5,829 5,691
Total liabilities and shareholders’ equity $ 87,060 $ 87,203