Business Segments (Tables)

3 Months Ended

Mar. 31, 2015

Results of Operations and Average Assets by Segment

The following tables present the results of operations and assets by business segment for the three months ended March 31, 2015 and 2014:

						General
		Commercial	Branch	Consumer	Investment	Corporate
March 31, 2015 ($ in millions)		Banking	Banking	Lending	Advisors	and Other	Eliminations	Total
Net interest income	$	392	377	63	29	(14)	-	847
Provision for loan and lease losses		33	42	14	2	(22)	-	69
Net interest income after provision for loan and lease losses		359	335	49	27	8	-	778
Total noninterest income		174^(c)	176^(b)	129	107	82	(38)^(a)	630
Total noninterest expense		357	392	104	115	(7)	(38)	923
Income before income taxes		176	119	74	19	97	-	485
Applicable income tax expense		13	42	26	7	36	-	124
Net income		163	77	48	12	61	-	361
Less: Net income attributable to noncontrolling interests		-	-	-	-	-	-	-
Net income attributable to Bancorp		163	77	48	12	61	-	361
Dividends on preferred stock		-	-	-	-	15	-	15
Net income available to common shareholders	$	163	77	48	12	46	-	346
Total goodwill	$	613	1,655	-	148	-	-	2,416
Total assets	$	57,864	53,290	22,057	10,042	(2,783)	-	140,470


						General
		Commercial	Branch	Consumer	Investment	Corporate
March 31, 2014 ($ in millions)		Banking	Banking	Lending	Advisors	and Other	Eliminations	Total
Net interest income	$	398	391	64	32	8	-	893
Provision for loan and lease losses		98	45	25	-	(99)	-	69
Net interest income after provision for loan and lease losses		300	346	39	32	107	-	824
Total noninterest income		208	174	119	103	(5)	(35)^(a)	564
Total noninterest expense		333	390	167	110	(15)	(35)	950
Income (loss) before income taxes		175	130	(9)	25	117	-	438
Applicable income tax expense (benefit)		17	45	(3)	8	52	-	119
Net income (loss)		158	85	(6)	17	65	-	319
Less: Net income attributable to noncontrolling interests		-	-	-	-	1	-	1
Net income (loss) attributable to Bancorp		158	85	(6)	17	64	-	318
Dividends on preferred stock		-	-	-	-	9	-	9
Net income (loss) available to common shareholders	$	158	85	(6)	17	55	-	309
Total goodwill	$	613	1,655	-	148	-	-	2,416
Total assets	$	55,090	49,469	22,436	9,775	(7,116)	-	129,654

Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Condensed Consolidated Statements of Income.
Includes an impairment charge of $4 for branches and land. For more information refer to Note 7 and Note 19.
Includes an impairment charge of $30 for operating lease equipment. For more information refer to Note 8 and Note 19.

- 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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