Business Segments (Tables)

12 Months Ended

Dec. 31, 2014

Results of Operations and Average Assets by Segment

Results of operations and assets by segment for each of the three years ended December 31 are:

							General
		Commercial	Branch		Consumer	Investment	Corporate
2014 ($ in millions)		Banking	Banking		Lending	Advisors	and Other	Eliminations		Total
Net interest income	$	1,652	1,546		257	121	3	-		3,579
Provision for loan and lease losses		235	181		156	3	(260)	-		315
Net interest income after provision for loan
and lease losses		1,417	1,365		101	118	263	-		3,264
Noninterest income:
Service charges on deposits		286	272		-	2	-	-		560
Corporate banking revenue		429	4		-	2	(5)	-		430
Investment advisory revenue		3	152		-	397	1	(146)	a^(a)	407
Mortgage banking net revenue		-	5		304	1	-	-		310
Card and processing revenue		64	226		-	5	-	-		295
Other noninterest income		105	61	a^(b)	42	3	239	-		450
Securities gains, net		-	-		-	-	21	-		21
Securities gains, net - non-qualifying hedges on
mortgage servicing rights		-	-		-	-	-	-		-
Total noninterest income		887	720		346	410	256	(146)		2,473
Noninterest expense:
Salaries, wages and incentives		259	421		95	136	538	-		1,449
Employee benefits		47	116		27	26	118	-		334
Net occupancy expense		26	187		8	9	83	-		313
Technology and communications		10	4		2	-	196	-		212
Card and processing expense		8	133		-	-	-	-		141
Equipment expense		10	59		-	-	52	-		121
Other noninterest expense		959	631		420	274	(999)	(146)		1,139
Total noninterest expense		1,319	1,551		552	445	(12)	(146)		3,709
Income (loss) before income taxes		985	534		(105)	83	531	-		2,028
Applicable income tax expense (benefit)		166	188		(37)	29	199	-		545
Net income (loss)		819	346		(68)	54	332	-		1,483
Less: Net income attributable to noncontrolling interests		-	-		-	-	2	-		2
Net income (loss) attributable to Bancorp		819	346		(68)	54	330	-		1,481
Dividends on preferred stock		-	-		-	-	67	-		67
Net income (loss) available to common shareholders	$	819	346		(68)	54	263	-		1,414
Total goodwill	$	613	1,655		-	148	-	-		2,416
Total assets	$	56,871	50,920		22,554	10,443	(2,082)	-		138,706

Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Consolidated Statements of Income.
Includes an impairment charge of $20 for branches and land. For more information refer to Note 7 and Note 27 of the Notes to Consolidated Financial Statements.


							General
		Commercial	Branch		Consumer	Investment	Corporate
2013 ($ in millions)		Banking	Banking		Lending	Advisors	and Other	Eliminations		Total
Net interest income	$	1,592	1,356		312	154	147	-		3,561
Provision for loan and lease losses		194	210		92	2	(269)	-		229
Net interest income after provision for loan
and lease losses		1,398	1,146		220	152	416	-		3,332
Noninterest income:
Service charges on deposits		267	279		-	3	-	-		549
Corporate banking revenue		392	7		-	3	(2)	-		400
Investment advisory revenue		5	148		-	384	-	(144)	a^(a)	393
Mortgage banking net revenue		-	12		687	1	-	-		700
Card and processing revenue		60	207		-	5	-	-		272
Other noninterest income		94	87	a^(b)	45	10	643	-		879
Securities gains, net		-	-		3	-	18	-		21
Securities gains, net - non-qualifying hedges on
mortgage servicing rights		-	-		13	-	-	-		13
Total noninterest income		818	740		748	406	659	(144)		3,227
Noninterest expense:
Salaries, wages and incentives		261	429		175	134	582	-		1,581
Employee benefits		49	118		40	25	125	-		357
Net occupancy expense		25	183		8	10	81	-		307
Technology and communications		11	4		1	-	188	-		204
Card and processing expense		8	125		-	-	1	-		134
Equipment expense		4	58		1	-	51	-		114
Other noninterest expense		877	656		460	284	(869)	(144)		1,264
Total noninterest expense		1,235	1,573		685	453	159	(144)		3,961
Income before income taxes		981	313		283	105	916	-		2,598
Applicable income tax expense		167	109		100	37	359	-		772
Net income		814	204		183	68	557	-		1,826
Less: Net income attributable to noncontrolling interests		-	-		-	-	(10)	-		(10)
Net income attributable to Bancorp		814	204		183	68	567	-		1,836
Dividends on preferred stock		-	-		-	-	37	-		37
Net income available to common shareholders	$	814	204		183	68	530	-		1,799
Total goodwill	$	613	1,655		-	148	-	-		2,416
Total assets	$	55,081	47,221		22,610	10,711	(5,180)	-		130,443

Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Consolidated Statements of Income.
Includes an impairment charge of $6 for branches and land.


							General
		Commercial	Branch		Consumer	Investment	Corporate
2012 ($ in millions)		Banking	Banking		Lending	Advisors	and Other	Eliminations		Total
Net interest income	$	1,533	1,261		314	117	370	-		3,595
Provision for loan and lease losses		249	268		176	10	(400)	-		303
Net interest income after provision for loan
and lease losses		1,284	993		138	107	770	-		3,292
Noninterest income:
Service charges on deposits		251	268		-	3	-	-		522
Corporate banking revenue		402	8		-	3	-	-		413
Investment advisory revenue		6	129		-	366	-	(127)	a^(a)	374
Mortgage banking net revenue		-	14		830	1	-	-		845
Card and processing revenue		54	195		-	4	-	-		253
Other noninterest income		61	85	a^(b)	42	19	367	-		574
Securities gains, net		-	-		1	-	14	-		15
Securities gains, net - non-qualifying hedges on
mortgage servicing rights		-	-		3	-	-	-		3
Total noninterest income		774	699		876	396	381	(127)		2,999
Noninterest expense:
Salaries, wages and incentives		257	420		192	136	602	-		1,607
Employee benefits		47	117		39	25	143	-		371
Net occupancy expense		24	184		8	11	75	-		302
Technology and communications		10	3		1	-	182	-		196
Card and processing expense		5	115		-	-	1	-		121
Equipment expense		2	54		1	1	52	-		110
Other noninterest expense		842	576		429	264	(610)	(127)		1,374
Total noninterest expense		1,187	1,469		670	437	445	(127)		4,081
Income before income taxes		871	223		344	66	706	-		2,210
Applicable income tax expense		157	79		121	23	256	-		636
Net income		714	144		223	43	450	-		1,574
Less: Net income attributable to noncontrolling interests		-	-		-	-	(2)	-		(2)
Net income attributable to Bancorp		714	144		223	43	452	-		1,576
Dividends on preferred stock		-	-		-	-	35	-		35
Net income available to common shareholders	$	714	144		223	43	417	-		1,541
Total goodwill	$	613	1,655		-	148	-	-		2,416
Total assets	$	51,392	46,157		24,657	9,212	(9,524)	-		121,894

Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Consolidated Statements of Income.
Includes an impairment charge of $21 for branches and land.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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