Summary of Quarterly Financial Statements (Unaudited)

12 Months Ended

Dec. 31, 2013

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.

	2013
(in millions, except per share data)	Fourth Quarter		Third Quarter		Second Quarter			First Quarter
Interest income	$	456	$	439	$	443		$	446
Interest expense	26		27		29			30
Net interest income	430		412		414			416
Provision for credit losses	9		8		13			16
Net securities gains (losses)	—		1		(2		)	—
Noninterest income excluding net securities gains (losses)	204		213		210			200
Noninterest expenses	473		417		416			416
Provision for income taxes	35		54		50			50
Net income	117		147		143			134
Less income allocated to participating securities	2		2		2			2
Net income attributable to common shares	$	115	$	145	$	141		$	132
Earnings per common share:
Basic	$	0.64	$	0.80	$	0.77		$	0.71
Diluted	0.62		0.78		0.76			0.70
Comprehensive income	267		144		15			137

	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