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Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2013

Assets and Liabilities Measured at Fair Value on a Recurring Basis

Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables summarize assets and liabilities measured at fair value on a recurring basis, including residential mortgage loans held for sale for which the Bancorp has elected the fair value option as of:

	Fair Value Measurements Using
June 30, 2013 ($ in millions)		Level 1^(c)	Level 2^(c)	Level 3	Total Fair Value
Assets:
Available-for-sale securities:
U.S. Treasury and government agencies	$	26	-	-	26
U.S. Government sponsored agencies		-	1,758	-	1,758
Obligations of states and political subdivisions		-	205	-	205
Agency mortgage-backed securities		-	9,663	-	9,663
Other bonds, notes and debentures		-	3,548	-	3,548
Other securities^(a)		86	56	-	142
Available-for-sale securities^(a)		112	15,230	-	15,342

Trading securities:
U.S. Government sponsored agencies		-	18	-	18
Obligations of states and political subdivisions		-	10	1	11
Agency mortgage-backed securities		-	7	-	7
Other bonds, notes and debentures		-	11	-	11
Other securities		172	-	-	172
Trading securities		172	46	1	219

Residential mortgage loans held for sale		-	2,113	-	2,113
Residential mortgage loans^(b)		-	-	83	83
Derivative assets:
Interest rate contracts		185	984	7	1,176
Foreign exchange contracts		-	257	-	257
Equity contracts		-	-	287	287
Commodity contracts		8	90	-	98
Derivative assets		193	1,331	294	1,818
Total assets	$	477	18,720	378	19,575

Liabilities:
Derivative liabilities:
Interest rate contracts	$	26	457	37	520
Foreign exchange contracts		-	215	-	215
Equity contracts		-	-	37	37
Commodity contracts		18	81	-	99
Derivative liabilities		44	753	74	871

Short positions		18	3	-	21
Total liabilities	$	62	756	74	892


	Fair Value Measurements Using
December 31, 2012 ($ in millions)		Level 1^(c)	Level 2^(c)	Level 3	Total Fair Value
Assets:
Available-for-sale securities:
U.S. Treasury and Government agencies	$	41	-	-	41
U.S. Government sponsored agencies		-	1,911	-	1,911
Obligations of states and political subdivisions		-	212	-	212
Agency mortgage-backed securities		-	8,730	-	8,730
Other bonds, notes and debentures		-	3,277	-	3,277
Other securities^(a)		79	113	-	192
Available-for-sale securities^(a)		120	14,243	-	14,363

Trading securities:
U.S. Treasury and Government agencies		1	-	-	1
U.S. Government sponsored agencies		-	6	-	6
Obligations of states and political subdivisions		-	16	1	17
Agency mortgage-backed securities		-	7	-	7
Other bonds, notes and debentures		-	15	-	15
Other securities		161	-	-	161
Trading securities		162	44	1	207

Residential mortgage loans held for sale		-	2,856	-	2,856
Residential mortgage loans^(b)		-	-	76	76
Derivative assets:
Interest rate contracts		2	1,445	60	1,507
Foreign exchange contracts		-	201	-	201
Equity contracts		-	-	177	177
Commodity contracts		-	87	-	87
Derivative assets		2	1,733	237	1,972
Total assets	$	284	18,876	314	19,474

Liabilities:
Derivative liabilities:
Interest rate contracts	$	14	600	3	617
Foreign exchange contracts		-	183	-	183
Equity contracts		-	-	33	33
Commodity contracts		-	82	-	82
Derivative liabilities		14	865	36	915

Short positions		8	2	-	10
Total liabilities	$	22	867	36	925

Excludes FHLB and FRB restricted stock totaling $497 and $348, respectively, at June 30, 2013 and $497 and $347, respectively, at December 31, 2012.
Includes residential mortgage loans originated as held for sale and subsequently transferred to held for investment.
During the three and six months ended June 30, 2013 and for the year ended December 31, 2012, no assets or liabilities were transferred between Level 1 and Level 2

Reconciliation of Assets and Liabilities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

The following tables are a reconciliation of assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
			Residential	Interest Rate	Equity
For the three months ended June 30, 2013		Trading	Mortgage	Derivatives,	Derivatives,	Total
($ in millions)		Securities	Loans	Net^(a)	Net^(a)	Fair Value
Beginning balance	$	1	81	48	174		304
Total gains or losses (realized/unrealized):
Included in earnings		-	(2)	(57)	71		12
Settlements		-	(4)	(21)	5		(20)
Transfers into Level 3^(b)		-	8	-	-		8
Ending balance	$	1	83	(30)	250		304
The amount of total gains or losses for the period
included in earnings attributable to the change in
unrealized gains or losses relating to assets
still held at June 30, 2013^(c)	$	-	(2)	(27)	71		42


	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
			Residential	Interest Rate	Equity
For the three months ended June 30, 2012		Trading	Mortgage	Derivatives,	Derivatives,	Total
($ in millions)		Securities	Loans	Net^(a)	Net^(a)	Fair Value
Beginning balance	$	1	67	17	135		220
Total gains or losses (realized/unrealized):
Included in earnings		-	0	125	45		170
Settlements		-	(3)	(88)	4		(87)
Transfers into Level 3^(b)		-	12	-	-		12
Ending balance	$	1	76	54	184		315
The amount of total gains or losses for the period
included in earnings attributable to the change in
unrealized gains or losses relating to assets
still held at June 30, 2012^(c)	$	-	0	54	45		99

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
			Residential	Interest Rate	Equity
For the six months ended June 30, 2013		Trading	Mortgage	Derivatives,	Derivatives,	Total
($ in millions)		Securities	Loans	Net^(a)	Net^(a)	Fair Value
Beginning balance	$	1	76	57	144		278
Total gains or losses (realized/unrealized):
Included in earnings		-	(1)	(1)	98		96
Settlements		-	(7)	(86)	8		(85)
Transfers into Level 3^(b)		-	15	-	-		15
Ending balance	$	1	83	(30)	250		304
The amount of total gains or losses for the period
included in earnings attributable to the change in
unrealized gains or losses relating to assets
still held at June 30, 2013^(c)	$	-	(1)	23	98		120


	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
			Residential	Interest Rate	Equity
For the six months ended June 30, 2012		Trading	Mortgage	Derivatives,	Derivatives,	Total
($ in millions)		Securities	Loans	Net^(a)	Net^(a)	Fair Value
Beginning balance	$	1	65	32	32	$	130
Total gains or losses (realized/unrealized):
Included in earnings		-	-	175	74		249
Settlements		-	(6)	(153)	78		(81)
Transfers into Level 3^(b)		-	17	-	-		17
Ending balance	$	1	76	54	184	$	315
The amount of total gains or losses for the period
included in earnings attributable to the change in
unrealized gains or losses relating to assets
still held at June 30, 2012^(c)	$	-	-	71	74	$	145

Net interest rate derivatives include derivative assets and liabilities of $7 and $37, respectively, as of June 30, 2013 and $55 and $1, respectively, as of June 30, 2012. Net equity derivatives include derivative assets and liabilities of $287 and $37, respectively, as of June 30, 2013, and $214 and $30, respectively, as of June 30, 2012.
Includes residential mortgage loans held for sale that were transferred to held for investment
Includes interest income and expense.

Total Gains and Losses Included in Earnings for Assets and Liabilites Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

The total gains and losses included in earnings for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) were recorded in the Condensed Consolidated Statements of Income as follows:

		For the three months		For the six months
		ended June 30,		ended June 30,
($ in millions)		2013	2012	2013	2012
Mortgage banking net revenue	$	(59)	125	(2)	175
Other noninterest income		71	45	98	74
Total gains	$	12	170	96	249

The total gains and losses included in earnings attributable to changes in unrealized gains and losses related to Level 3 assets and liabilities still held at June 30, 2013 and 2012 were recorded in the Condensed Consolidated Statements of Income as follows:

		For the three months		For the six months
		ended June 30,		ended June 30,
($ in millions)		2013	2012	2013	2012
Mortgage banking net revenue	$	(29)	54	22	71
Other noninterest income		71	45	98	74
Total gains	$	42	99	120	145

Quantitative information about significant unobservable level 3 fair value measurement inputs

The following tables present information as of June 30, 2013 and 2012 about significant unobservable inputs related to the Bancorp’s material categories of Level 3 financial assets and liabilities measured on a recurring basis:

As of June 30, 2013 ($ in millions)
Financial Instrument		Fair Value	Valuation Technique	Significant Unobservable Inputs	Ranges of Inputs	Weighted-Average
Residential mortgage loans	$	83	Loss rate model	Interest rate risk factor	(22.1) - 45.6%	3.8%
				Credit risk factor	0 - 67.0%	3.3%
IRLCs, net		(28)	Discounted cash flow	Loan closing rates	9.9 - 95.0%	63.0%
Stock warrants associated with Vantiv		287	Black-Scholes option	Expected term (years)	2.00 - 16.0	5.1
Holding, LLC			valuation model	Expected volatility^(a)	23.8 - 34.7%	28.9%
				Expected dividend rate	-	-
Swap associated with the sale of Visa, Inc.		(37)	Discounted cash flow	Timing of the resolution	3/31/2014 -	NM
Class B shares				of the Covered Litigation	3/31/2017

As of June 30, 2012 ($ in millions)
Financial Instrument		Fair Value	Valuation Technique	Significant Unobservable Inputs	Ranges of Inputs	Weighted-Average
Residential mortgage loans	$	76	Loss rate model	Interest rate risk factor	(90.8) - 16.5%	5.5%
				Credit risk factor	2.2 - 68.4%	4.4%
IRLCs, net		54	Discounted cash flow	Loan closing rates	9.9 - 86.9%	54.0%
Stock warrants associated with Vantiv		213	Black-Scholes option	Expected term (years)	1.75 - 17.0	4.8
Holding, LLC			valuation model	Expected volatility^(a)	29.0 - 41.2%	35.4%
				Expected dividend rate	-	-
Swap associated with the sale of Visa, Inc.		(29)	Discounted cash flow	Timing of the resolution	6/30/13 -	NM
Class B shares				of the Covered Litigation	6/30/15

Based on historical and implied volatilities of comparable companies assuming similar expected terms.

The following tables present information as of June 30, 2013 and 2012 about significant unobservable inputs related to the Bancorp’s material categories of Level 3 financial assets and liabilities measured on a nonrecurring basis:

As of June 30, 2013 ($ in millions)
Financial Instrument		Fair Value	Valuation Technique	Significant Unobservable Inputs	Ranges of Inputs	Weighted-Average
Commercial loans held for sale	$	2	Appraised value	Appraised value	NM	NM
				Cost to sell	NM	10.0%
Commercial and industrial loans		83	Appraised value	Default rates	100%	NM
				Collateral value	NM	NM
Commercial mortgage loans		35	Appraised value	Default rates	100%	NM
				Collateral value	NM	NM
Commercial construction loans		8	Appraised value	Default rates	100%	NM
				Collateral value	NM	NM
Mortgage servicing rights		894	Discounted cash flow	Prepayment speed	0 - 100%	(Fixed) 11.8% (Adjustable) 25.9%
				Discount rates	9.4 - 18.0%	(Fixed) 10.4% (Adjustable) 11.6%
OREO property		112	Appraised value	Appraised value	NM	NM

As of June 30, 2012 ($ in millions)
Financial Instrument		Fair Value	Valuation Technique	Significant Unobservable Inputs	Ranges of Inputs	Weighted-Average
Commercial loans held for sale	$	8	Discounted cash flow	Appraised value	NM	NM
				Cost to sell	NM	10.0%
Commercial and industrial loans		77	Discounted cash flow	Default rates	100%	NM
				Collateral value	NM	NM
Commercial mortgage loans		95	Discounted cash flow	Default rates	100%	NM
				Collateral value	NM	NM
Commercial construction loans		26	Discounted cash flow	Default rates	100%	NM
				Collateral value	NM	NM
Mortgage servicing rights		736	Discounted cash flow	Prepayment speed	0 - 100%	(Fixed) 15.2% (Adjustable) 27.1%
				Discount rates	9.4 - 18.0%	(Fixed) 10.6% (Adjustable) 11.7%
OREO property		134	Appraised value	Appraised value	NM	NM

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

The following tables represent those assets that were subject to fair value adjustments during the quarters ended June 30, 2013 and 2012 and still held as of the end of the period, and the related gains and losses from fair value adjustments on assets sold during the period as well as assets still held as of the end of the period.

		Fair Value Measurements Using				Total (Losses) Gains	Total (Losses) Gains
						For the three months	For the six months
As of June 30, 2013 ($ in millions)		Level 1	Level 2	Level 3	Total	ended June 30, 2013	ended June 30, 2013
Commercial loans held for sale^(a)	$	-	-	2	2	(1)	(5)
Commercial and industrial loans		-	-	83	83	(25)	(31)
Commercial mortgage loans		-	-	35	35	(8)	(25)
Commercial construction loans		-	-	8	8	(2)	(2)
MSRs		-	-	894	894	102	151
OREO property		-	-	112	112	(7)	(29)
Total	$	-	-	1,134	1,134	59	59


		Fair Value Measurements Using				Total Losses	Total Losses
						For the three months	For the six months
As of June 30, 2012 ($ in millions)		Level 1	Level 2	Level 3	Total	ended June 30, 2012	ended June 30, 2012
Commercial loans held for sale^(a)	$	-	-	8	8	(5)	(6)
Commercial and industrial loans		-	-	77	77	(25)	(56)
Commercial mortgage loans		-	-	95	95	(16)	(29)
Commercial construction loans		-	-	26	26	(5)	(16)
MSRs		-	-	736	736	(60)	(49)
OREO property		-	-	134	134	(22)	(45)
Total	$	-	-	1,076	1,076	(133)	(201)

Includes commercial nonaccrual loans held for sale.

Difference Between the Aggregate Fair Value and the Aggregate Unpaid Principal Balance for Residential Mortgage Loans Measured at Fair Value

The following table summarizes the difference between the fair value and the principal balance for residential mortgage loans measured at fair value as of:

		Aggregate	Aggregate Unpaid
($ in millions)		Fair Value	Principal Balance	Difference
June 30, 2013
Residential mortgage loans measured at fair value	$	2,196	2,196	-
Past due loans of 90 days or more		3	3	-
Nonaccrual loans		1	1	-

December 31, 2012
Residential mortgage loans measured at fair value		2,932	2,775	157
Past due loans of 90 days or more		3	4	(1)
Nonaccrual loans		-	1	(1)

Carrying Amounts and Estimated Fair Values for Certain Financial Instruments

Fair Value of Certain Financial Instruments
The following tables summarize the carrying amounts and estimated fair values for certain financial instruments, excluding financial instruments measured at fair value on a recurring basis:

		Net Carrying	Fair Value Measurements Using			Total
As of June 30, 2013 ($ in millions)		Amount	Level 1	Level 2	Level 3	Fair Value
Financial assets:
Cash and due from banks	$	2,390	2,390	-	-	2,390
Other securities		845	-	845	-	845
Held-to-maturity securities		274	-	-	274	274
Other short-term investments		1,109	1,109	-	-	1,109
Loans held for sale		35	-	-	35	35
Portfolio loans and leases:
Commercial and industrial loans		37,039	-	-	38,882	38,882
Commercial mortgage loans		8,165	-	-	7,680	7,680
Commercial construction loans		727	-	-	608	608
Commercial leases		3,506	-	-	3,279	3,279
Residential mortgage loans^(a)		12,116	-	-	11,427	11,427
Home equity		9,411	-	-	9,340	9,340
Automobile loans		11,989	-	-	11,819	11,819
Credit card		2,031	-	-	2,172	2,172
Other consumer loans and leases		334	-	-	348	348
Unallocated allowance for loan and lease losses		(104)	-	-	-	-
Total portfolio loans and leases, net^(a)	$	85,214	-	-	85,555	85,555
Financial liabilities:
Deposits		93,454	-	93,503	-	93,503
Federal funds purchased		636	636	-	-	636
Other short-term borrowings		2,112	-	2,112	-	2,112
Long-term debt		6,940	6,710	680	-	7,390

Excludes $83 of residential mortgage loans measured at fair value on a recurring basis.

		Net Carrying	Fair Value Measurements Using
As of December 31, 2012 ($ in millions)		Amount	Level 1	Level 2	Level 3	Fair Value
Financial assets:
Cash and due from banks	$	2,441	2,441	-	-	2,441
Other securities		844	-	844	-	844
Held-to-maturity securities		284	-	-	284	284
Other short-term investments		2,421	2,421	-	-	2,421
Loans held for sale		83	-	-	83	83
Portfolio loans and leases:
Commercial and industrial loans		35,236	-	-	36,496	36,496
Commercial mortgage loans		8,770	-	-	8,020	8,020
Commercial construction loans		665	-	-	505	505
Commercial leases		3,481	-	-	3,310	3,310
Residential mortgage loans^(a)		11,712	-	-	11,532	11,532
Home equity		9,875	-	-	9,798	9,798
Automobile loans		11,944	-	-	12,076	12,076
Credit card		2,010	-	-	2,139	2,139
Other consumer loans and leases		270	-	-	288	288
Unallocated allowance for loan and lease losses		(111)	-	-	-	-
Total portfolio loans and leases, net^(a)	$	83,852	-	-	84,164	84,164
Financial liabilities:
Deposits		89,517	-	89,592	-	89,592
Federal funds purchased		901	901	-	-	901
Other short-term borrowings		6,280	-	6,280	-	6,280
Long-term debt		7,085	6,925	884	-	7,809

Excludes $76 of residential mortgage loans measured at fair value on a recurring basis.

- Definition

Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to net assets, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets, liabilities, and financial instruments classified in shareholders' equity.

+ References+ Details

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References+ Details

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15

-Subparagraph b-d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 18

-Subparagraph c(2), d, e, f

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-Subparagraph a, c(1), c(2), c(3), d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13467-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 30

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 14

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 19

-Subparagraph a, b, c(1), d(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tabular disclosure of the application of the fair value option for measurement and reporting of eligible financial assets and liabilities (as defined), as well as certain other eligible items (as defined) included in the statement of financial position, whether such option is elected for a single eligible item or a group of similar eligible items and is in addition to other disclosures concerning fair value which the company may be required to provide. Such disclosure might be expected to include: (1) for items included in the statement of financial position: (a) for each line item in the statement of financial position that includes an item or items for which the fair value option has been elected, provide the aggregate carrying amount of ineligible items included in each line item in the balance sheet, if any; (b) the difference between the aggregate fair value and the aggregate unpaid principal balance (assuming contractual principal amounts and fair value option elected) of: (i) loans and long-term receivables (other than securities otherwise reported at fair value) and (ii) long-term debt instruments; (c) for loans held as assets for which the fair value option has been elected: (i) the aggregate fair value of loans that are 90 days or more past due, (ii) if the policy is to recognize interest income separately from other changes in fair value, the aggregate fair value of loans in nonaccrual status, and (iii) the difference between the aggregate fair value and the aggregate unpaid principal balance for loans that are 90 days or more past due, in nonaccrual status, or both; (2) for items included in the income statement: (a) the amounts of gains and losses from fair value changes included in earnings and in which line in the income statement those gains and losses are reported whether or not combined with gains and losses from items required to be accounted for at fair value; (b) for loans and other receivables held as assets, the estimated amount of gains or losses included in earnings attributable to changes in instrument-specific credit risk; (c) for liabilities with fair values that have been significantly affected during the reporting period by changes in the instrument-specific credit risk, the estimated amount of gains and losses from fair value changes included in earnings that are attributable to changes in the instrument-specific credit risk; and (3) certain other disclosures as required or determined to be provided.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

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-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

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-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details