Other Short Term Borrowings

6 Months Ended

Jun. 30, 2015

Disclosure Text Block [Abstract]

Other Short Term Borrowings

13. Other Short-Term Borrowings

Borrowings with original maturities of one year or less are classified as short-term. Other short-term borrowings include FHLB advances,securities sold under repurchase agreements, derivative collateral and other borrowings with original maturities of one year or less.

The following table presents a summary of the Bancorp's other short-term borrowings as of:
		June 30,	December 31,
($ in millions)		2015	2014
FHLB advances	$	2,850	-
Securities sold under repurchase agreements		765	995
Derivative collateral		521	561
Total other short-term borrowings	$	4,136	1,556

The Bancorp's securities sold under repurchase agreements are accounted for as secured borrowings and are collateralized by securities included in available-for-sale and other securities in the Condensed Consolidated Balance Sheets. These securities are subject to changes in market value and, therefore, the Bancorp may increase or decrease the level of securities pledged as collateral based upon these movements in market value.

The following table summarizes the Bancorp's securities sold under repurchase agreements by the type of collateral securing the borrowing and remaining contractual maturity as of:
($ in millions)			June 30, 2015		December 31, 2014
			Amount	Remaining Contractual Maturity	Amount	Remaining Contractual Maturity
Collateral type:
	Agency residential mortgage-backed securities	$	682	Overnight	896	Overnight
	U.S. Treasury and federal agencies securities		83	Overnight	99	Overnight
Total securities sold under repurchase agreements		$	765		995