XML 19 R116.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Results of Operations and Average Assets by Segment (Detail) (USD $)
In Millions
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
Segment Reporting Information [Line Items]          
Net interest income $ 869 [1] $ 887 [1] $ 1,752 [2] $ 1,788 [2]  
Provision for loan and lease losses 113 325 281 915  
Net interest income (loss) after provision for loan and lease losses 756 562 1,471 873  
Noninterest income:          
Mortgage banking net revenue 162 114 264 266  
Service charges on deposits 126 149 250 291  
Investment advisory revenue 95 87 193 177  
Corporate banking revenue 95 93 181 174  
Card and processing revenue 89 84 169 158  
Other noninterest income 83 85 164 160  
Securities gains, net 6 8 14 21  
Securities gains, net - non-qualifying hedges on mortgage servicing rights     5    
Total noninterest income 656 620 1,240 1,247  
Noninterest expense:          
Salaries, wages and incentives 365 356 716 686  
Employee benefits 79 73 176 159  
Net occupancy expense 75 73 152 150  
Technology and communications 48 45 93 90  
Card and processing expense 29 31 58 56  
Equipment expense 28 31 57 60  
Other noninterest expense 277 326 567 690  
Total noninterest expense 901 935 1,819 1,891  
Income (loss) before income taxes 511 247 892 229  
Applicable income tax (benefit) expense 174 [1] 55 [1] 290 [2] 47 [2]  
Net Income (Loss) 337 192 602 182  
Less: Net income attributable to noncontrolling interest          
Net income (loss) attributable to Bancorp 337 192 602 182  
Dividends on preferred stock 9 62 185 125  
Net income (loss) available to common shareholders 328 130 417 57  
Total goodwill 2,417 2,417 2,417 2,417 2,417
Total Assets 110,805 112,025 110,805 112,025 111,007
Commercial Banking
         
Segment Reporting Information [Line Items]          
Net interest income 339 [1] 390 [1] 671 [2] 767 [2]  
Provision for loan and lease losses 147 188 299 466  
Net interest income (loss) after provision for loan and lease losses 192 202 372 301  
Noninterest income:          
Service charges on deposits 52 47 101 95  
Investment advisory revenue 3 3 6 5  
Corporate banking revenue 90 89 172 165  
Card and processing revenue 10 8 19 16  
Other noninterest income 8 17 40 45  
Total noninterest income 163 164 338 326  
Noninterest expense:          
Salaries, wages and incentives 58 53 111 104  
Employee benefits 10 9 26 22  
Net occupancy expense 5 4 10 8  
Technology and communications 3 3 6 6  
Card and processing expense 1   2 1  
Equipment expense 1 1 1 1  
Other noninterest expense 202 171 397 337  
Total noninterest expense 280 241 553 479  
Income (loss) before income taxes 75 125 157 148  
Applicable income tax (benefit) expense (11) [1] 9 [1] (17) [2] (19) [2]  
Net Income (Loss) 86 116 174 167  
Less: Net income attributable to noncontrolling interest          
Net income (loss) attributable to Bancorp 86 116 174 167  
Net income (loss) available to common shareholders 86 116 174 167  
Total goodwill 613 613 613 613  
Total Assets 43,567 43,008 43,567 43,008  
Branch Banking
         
Segment Reporting Information [Line Items]          
Net interest income 359 [1] 385 [1] 698 [2] 770 [2]  
Provision for loan and lease losses 98 125 214 282  
Net interest income (loss) after provision for loan and lease losses 261 260 484 488  
Noninterest income:          
Mortgage banking net revenue 2 3 4 10  
Service charges on deposits 73 101 147 193  
Investment advisory revenue 29 25 58 51  
Corporate banking revenue 4 4 7 7  
Card and processing revenue 86 79 163 148  
Other noninterest income 19 17 38 34  
Total noninterest income 213 229 417 443  
Noninterest expense:          
Salaries, wages and incentives 116 112 230 218  
Employee benefits 33 31 68 61  
Net occupancy expense 46 43 92 87  
Technology and communications 1 4 2 8  
Card and processing expense 28 30 55 54  
Equipment expense 13 12 25 24  
Other noninterest expense 156 165 321 322  
Total noninterest expense 393 397 793 774  
Income (loss) before income taxes 81 92 108 157  
Applicable income tax (benefit) expense 29 [1] 34 [1] 38 [2] 58 [2]  
Net Income (Loss) 52 58 70 99  
Less: Net income attributable to noncontrolling interest          
Net income (loss) attributable to Bancorp 52 58 70 99  
Net income (loss) available to common shareholders 52 58 70 99  
Total goodwill 1,656 1,656 1,656 1,656  
Total Assets 46,976 47,861 46,976 47,861  
Consumer Lending
         
Segment Reporting Information [Line Items]          
Net interest income 81 [1] 93 [1] 171 [2] 197 [2]  
Provision for loan and lease losses 55 114 149 246  
Net interest income (loss) after provision for loan and lease losses 26 (21) 22 (49)  
Noninterest income:          
Mortgage banking net revenue 160 111 259 255  
Other noninterest income 7 11 17 20  
Securities gains, net - non-qualifying hedges on mortgage servicing rights     5    
Total noninterest income 167 122 281 275  
Noninterest expense:          
Salaries, wages and incentives 31 40 64 69  
Employee benefits 8 8 19 15  
Net occupancy expense 2 2 4 3  
Technology and communications 1   1 1  
Other noninterest expense 105 82 208 158  
Total noninterest expense 147 132 296 246  
Income (loss) before income taxes 46 (31) 7 (20)  
Applicable income tax (benefit) expense 16 [1] (13) [1] 2 [2] (10) [2]  
Net Income (Loss) 30 (18) 5 (10)  
Less: Net income attributable to noncontrolling interest          
Net income (loss) attributable to Bancorp 30 (18) 5 (10)  
Net income (loss) available to common shareholders 30 (18) 5 (10)  
Total Assets 22,044 21,738 22,044 21,738  
Investment Advisors
         
Segment Reporting Information [Line Items]          
Net interest income 28 [1] 36 [1] 56 [2] 74 [2]  
Provision for loan and lease losses 4 8 9 21  
Net interest income (loss) after provision for loan and lease losses 24 28 47 53  
Noninterest income:          
Mortgage banking net revenue     1 1  
Service charges on deposits 1 2 2 3  
Investment advisory revenue 92 84 187 171  
Corporate banking revenue 1 1 1 2  
Card and processing revenue 1   2 1  
Total noninterest income 95 87 193 178  
Noninterest expense:          
Salaries, wages and incentives 36 33 70 63  
Employee benefits 6 6 15 14  
Net occupancy expense 3 2 5 5  
Technology and communications   1 1 1  
Other noninterest expense 59 58 121 114  
Total noninterest expense 104 100 212 197  
Income (loss) before income taxes 15 15 28 34  
Applicable income tax (benefit) expense 5 [1] 5 [1] 10 [2] 12 [2]  
Net Income (Loss) 10 10 18 22  
Less: Net income attributable to noncontrolling interest          
Net income (loss) attributable to Bancorp 10 10 18 22  
Net income (loss) available to common shareholders 10 10 18 22  
Total goodwill 148 148 148 148  
Total Assets 6,833 6,451 6,833 6,451  
Corporate and Other
         
Segment Reporting Information [Line Items]          
Net interest income 62 [1] (17) [1] 156 [2] (20) [2]  
Provision for loan and lease losses (191) (110) (390) (100)  
Net interest income (loss) after provision for loan and lease losses 253 93 546 80  
Noninterest income:          
Service charges on deposits   (1)      
Corporate banking revenue   (1) 1    
Card and processing revenue (8) (3) (15) (7)  
Other noninterest income 49 40 69 61  
Securities gains, net 6 8 14 21  
Total noninterest income 47 43 69 75  
Noninterest expense:          
Salaries, wages and incentives 124 118 241 232  
Employee benefits 22 19 48 47  
Net occupancy expense 19 22 41 47  
Technology and communications 43 37 83 74  
Card and processing expense   1 1 1  
Equipment expense 14 18 31 35  
Other noninterest expense (216) (125) (422) (191)  
Total noninterest expense 6 90 23 245  
Income (loss) before income taxes 294 46 592 (90)  
Applicable income tax (benefit) expense 135 [1] 20 [1] 257 [2] 6 [2]  
Net Income (Loss) 159 26 335 (96)  
Less: Net income attributable to noncontrolling interest          
Net income (loss) attributable to Bancorp 159 26 335 (96)  
Dividends on preferred stock 9 62 185 125  
Net income (loss) available to common shareholders 150 (36) 150 (221)  
Total Assets (8,615) (7,033) (8,615) (7,033)  
Business Intersegment, Eliminations
         
Noninterest income:          
Investment advisory revenue (29) [3] (25) [4] (58) [3] (50) [3]  
Total noninterest income (29) (25) (58) (50)  
Noninterest expense:          
Other noninterest expense (29) (25) (58) (50)  
Total noninterest expense (29) (25) (58) (50)  
Less: Net income attributable to noncontrolling interest          
[1] Includes FTE adjustments of $5.
[2] Includes FTE adjustments of $9.
[3] Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Condensed Consolidated Statements of Income.
[4] Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Consolidated Statements of Income.