Business Segments (Tables)

9 Months Ended

Sep. 30, 2011

Results of Operations and Average Assets by Segment

		Commercial	Branch	Consumer	Investment	General
($ in millions, except per share data)		Banking	Banking	Lending	Advisors	Corporate	Eliminations	Total
Three months ended September 30, 2011
Net interest income (a)	$	345	359	85	29	84	-	902
Provision for loan and lease losses		104	87	55	16	(175)	-	87
Net interest income after provision for loan
and lease losses		241	272	30	13	259	-	815
Noninterest income:
Mortgage banking net revenue		-	3	175	-	-	-	178
Service charges on deposits		53	81	-	1	(1)	-	134
Investment advisory revenue		3	30	-	89	-	(30)(b)	92
Corporate banking revenue		82	4	-	1	-		87
Card and processing revenue		10	78	-	1	(11)	-	78
Other noninterest income		11	19	10	-	24	-	64
Securities gains, net		-	-	-	-	26	-	26
Securities gains, net - non-qualifying hedges on
mortgage servicing rights		-	-	6	-	-	-	6
Total noninterest income		159	215	191	92	38	(30)	665
Noninterest expense:
Salaries, wages and incentives		60	115	37	34	123	-	369
Employee benefits		9	31	8	6	16	-	70
Net occupancy expense		5	46	2	3	19	-	75
Technology and communications		2	1	-	-	45		48
Card and processing expense		1	33	-	-	-	-	34
Equipment expense		1	13	-	-	14		28
Other noninterest expense		184	160	111	62	(165)	(30)	322
Total noninterest expense		262	399	158	105	52	(30)	946
Income before income taxes		138	88	63	-	245	-	534
Applicable income tax expense(a)		10	31	22	-	90	-	153
Net income		128	57	41	-	155	-	381
Less: Net income attributable to noncontrolling interest		-	-	-	-	-	-	-
Net income attributable to Bancorp		128	57	41	-	155	-	381
Dividends on preferred stock		-	-	-	-	8	-	8
Net income available to common shareholders	$	128	57	41	-	147	-	373
Total goodwill	$	613	1,656	-	148	-	-	2,417
Total assets	$	44,622	46,727	23,213	7,358	(7,015)	-	114,905

(a)Includes FTE adjustments of $4.

(b)Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Condensed Consolidated Statements of Income

		Commercial	Branch	Consumer	Investment	General
($ in millions, except per share data)		Banking	Banking	Lending	Advisors	Corporate	Eliminations	Total
Three months ended September 30, 2010
Net interest income (a)	$	389	384	102	35	6	-	916
Provision for loan and lease losses		559	153	232	12	(499)	-	457
Net interest income (loss) after provision for loan
and lease losses		(170)	231	(130)	23	505	-	459
Noninterest income:
Mortgage banking net revenue		-	8	224	-	-	-	232
Service charges on deposits		50	92	-	1	-	-	143
Investment advisory revenue		5	27	-	85	-	(27)(b)	90
Corporate banking revenue		81	4	-	2	(1)	-	86
Card and processing revenue		9	73	-	-	(5)	-	77
Other noninterest income		(6)	18	6	-	177	-	195
Securities gains, net		-	-	-	-	4	-	4
Total noninterest income		139	222	230	88	175	(27)	827
Noninterest expense:
Salaries, wages and incentives		52	110	44	33	121	-	360
Employee benefits		7	27	7	5	36	-	82
Net occupancy expense		4	43	2	2	21	-	72
Technology and communications		4	4	1	-	39	-	48
Card and processing expense		-	26	-	-	-	-	26
Equipment expense		1	12	-	-	17	-	30
Other noninterest expense		178	167	91	60	(108)	(27)	361
Total noninterest expense		246	389	145	100	126	(27)	979
Income (loss) before income taxes		(277)	64	(45)	11	554	-	307
Applicable income tax (benefit) expense (a)		(132)	25	(18)	4	190	-	69
Net income (loss)		(145)	39	(27)	7	364	-	238
Less: Net income attributable to noncontrolling interest		-	-	-	-	-	-	-
Net income (loss) attributable to Bancorp		(145)	39	(27)	7	364	-	238
Dividends on preferred stock		-	-	-	-	63	-	63
Net income (loss) available to common shareholders	$	(145)	39	(27)	7	301	-	175
Total goodwill	$	613	1,656	-	148	-	-	2,417
Total assets	$	43,403	46,479	22,227	6,296	(6,083)	-	112,322

(a)Includes FTE adjustments of $4.

(b)Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Condensed Consolidated Statements of Income

		Commercial	Branch	Consumer	Investment	General
($ in millions, except per share data)		Banking	Banking	Lending	Advisors	Corporate	Eliminations	Total
Nine months ended September 30, 2011
Net interest income(a)	$	1,015	1,057	256	85	242	-	2,655
Provision for loan and lease losses		402	300	205	25	(564)	-	368
Net interest income after provision for loan
and lease losses		613	757	51	60	806	-	2,287
Noninterest income:
Mortgage banking net revenue		-	6	435	1	-	-	442
Service charges on deposits		154	228	-	3	(1)	-	384
Investment advisory revenue		9	89	-	275	-	(88)(b)	285
Corporate banking revenue		254	11	-	2	1	-	268
Card and processing revenue		29	241	-	3	(25)	-	248
Other noninterest income		51	57	26	-	92	-	226
Securities gains, net		-	-	-	-	40	-	40
Securities gains, net - non-qualifying hedges on
mortgage servicing rights		-	-	12	-	-	-	12
Total noninterest income		497	632	473	284	107	(88)	1,905
Noninterest expense:
Salaries, wages and incentives		170	344	101	104	366	-	1,085
Employee benefits		35	100	26	21	64	-	246
Net occupancy expense		15	138	6	8	59	-	226
Technology and communications		8	4	1	1	126	-	140
Card and processing expense		4	88	-	-	-	-	92
Equipment expense		2	38	1	1	43	-	85
Other noninterest expense		581	480	319	181	(582)	(88)	891
Total noninterest expense		815	1,192	454	316	76	(88)	2,765
Income before income taxes		295	197	70	28	837	-	1,427
Applicable income tax expense (benefit) (a)		(7)	69	24	10	347	-	443
Net income		302	128	46	18	490	-	984
Less: Net income attributable to noncontrolling interest		-	-	-	-	1	-	1
Net income attributable to Bancorp		302	128	46	18	489	-	983
Dividends on preferred stock		-	-	-	-	194	-	194
Net income available to common shareholders	$	302	128	46	18	295	-	789
Total goodwill	$	613	1,656	-	148	-	-	2,417
Total assets	$	44,622	46,727	23,213	7,358	(7,015)	-	114,905

(a)Includes FTE adjustments of $14.

(b)Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Condensed Consolidated Statements of Income.

		Commercial	Branch	Consumer	Investment	General
($ in millions, except per share data)		Banking	Banking	Lending	Advisors	Corporate	Eliminations	Total
Nine months ended September 30, 2010
Net interest income (a)	$	1,156	1,155	299	109	(16)	-	2,703
Provision for loan and lease losses		1,025	436	478	33	(600)	-	1,372
Net interest income (loss) after provision for loan
and lease losses		131	719	(179)	76	584	-	1,331
Noninterest income:
Mortgage banking net revenue		-	18	479	1	-	-	498
Service charges on deposits		145	285	-	5	-	-	435
Investment advisory revenue		11	78	-	256	-	(78)(b)	267
Corporate banking revenue		248	11	-	2	(1)	-	260
Card and processing revenue		25	220	-	2	(12)	-	235
Other noninterest income		36	54	26	-	238	-	354
Securities gains, net		-	-	-	-	25	-	25
Total noninterest income		465	666	505	266	250	(78)	2,074
Noninterest expense:
Salaries, wages and incentives		156	327	113	95	355	-	1,046
Employee benefits		29	88	22	19	83	-	241
Net occupancy expense		12	130	5	7	68	-	222
Technology and communications		10	12	1	2	113	-	138
Card and processing expense		1	80	-	-	1	-	82
Equipment expense		2	37	1	1	50	-	91
Other noninterest expense		515	489	249	173	(299)	(78)	1,049
Total noninterest expense		725	1,163	391	297	371	(78)	2,869
Income (loss) before income taxes		(129)	222	(65)	45	463	-	536
Applicable income tax expense (benefit) (a)		(152)	83	(28)	16	197	-	116
Net income (loss)		23	139	(37)	29	266	-	420
Less: Net income attributable to noncontrolling interest		-	-	-	-	-	-	-
Net income (loss) attributable to Bancorp		23	139	(37)	29	266	-	420
Dividends on preferred stock		-	-	-	-	187	-	187
Net income (loss) available to common shareholders	$	23	139	(37)	29	79	-	233
Total goodwill	$	613	1,656	-	148	-	-	2,417
Total assets	$	43,403	46,479	22,227	6,296	(6,083)	-	112,322

(a)Includes FTE adjustments of $13.

(b)Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Condensed Consolidated Statements of Income.