Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2012

Intangible Assets

The details of the Bancorp’s intangible assets are shown in the following table.
			Gross Carrying	Accumulated	Valuation	Net Carrying
($ in millions)			Amount	Amortization	Allowance	Amount
As of September 30, 2012
	Mortgage servicing rights	$	2,774	(1,415)	(680)	679
	Core deposit intangibles		180	(157)	-	23
	Other		44	(37)	-	7
Total intangible assets		$	2,998	(1,609)	(680)	709
As of December 31, 2011
	Mortgage servicing rights	$	2,520	(1,281)	(558)	681
	Core deposit intangibles		439	(407)	-	32
	Other		44	(36)	-	8
Total intangible assets		$	3,003	(1,724)	(558)	721
As of September 30, 2011
	Mortgage servicing rights	$	2,440	(1,234)	(544)	662
	Core deposit intangibles		439	(404)	-	35
	Other		44	(34)	-	10
Total intangible assets		$	2,923	(1,672)	(544)	707

Estimated Amortization Expense

Estimated amortization expense for the remainder of 2012 through 2016 is as follows:
		Mortgage	Other
($ in millions)		Servicing Rights	Intangible Assets	Total
Remainder of 2012	$	81	3	84
2013		270	8	278
2014		208	4	212
2015		163	2	165
2016		129	2	131