Summary of Quarterly Financial Statements (Unaudited)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Financial Statements (Unaudited)

SUMMARY OF QUARTERLY FINANCIAL STATEMENTS (UNAUDITED)

The following quarterly information is unaudited. However, in the opinion of management, the information reflects all adjustments, which are necessary for the fair presentation of the results of operations, for the periods presented.

	2012
(in millions, except per share data)	Fourth Quarter			Third Quarter		Second Quarter		First Quarter
Interest income	$	456		$	460	$	470	$	477
Interest expense	32			33		35		35
Net interest income	424			427		435		442
Provision for credit losses	16			22		19		22
Net securities gains	1			—		6		5
Noninterest income excluding net securities gains	203			197		205		201
Noninterest expenses	427			449		433		448
Provision for income taxes	55			36		50		48
Net income	130			117		144		130
Less:
Income allocated to participating securities	2			1		2		1
Net income attributable to common shares	$	128		$	116	$	142	$	129
Earnings per common share:
Basic	$	0.68		$	0.61	$	0.73	$	0.66
Diluted	0.68			0.61		0.73		0.66
Comprehensive income (loss)	(30		)	165		169		160

	2011
(in millions, except per share data)	Fourth Quarter			Third Quarter		Second Quarter		First Quarter
Interest income	$	481		$	463	$	431	$	434
Interest expense	37			40		40		39
Net interest income	444			423		391		395
Provision for credit losses	18			35		45		46
Net securities gains (losses)	(4		)	12		4		2
Noninterest income excluding net securities gains (losses)	186			189		198		205
Noninterest expenses	479			463		411		418
Provision for income taxes	33			28		41		35
Net income	96			98		96		103
Less:
Income allocated to participating securities	1			1		1		1
Net income attributable to common shares	$	95		$	97	$	95	$	102
Earnings per common share:
Basic	$	0.48		$	0.51	$	0.54	$	0.58
Diluted	0.48			0.51		0.53		0.57
Comprehensive income (loss)	(30		)	176		170		110