Other Short Term Borrowings

9 Months Ended

Sep. 30, 2015

14. Other Short-Term Borrowings

Borrowings with original maturities of one year or less are classified as short-term. The following table presents a summary of the Bancorp's other short-term borrowings as of:

		September 30,	December 31,
($ in millions)		2015	2014
FHLB advances	$	3,450	-
Securities sold under repurchase agreements		814	995
Derivative collateral		638	561
Other		2	-
Total other short-term borrowings	$	4,904	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)			September 30, 2015		December 31, 2014
			Amount	Remaining Contractual Maturity	Amount	Remaining Contractual Maturity
Collateral type:
	Agency residential mortgage-backed securities	$	609	Overnight	896	Overnight
	U.S. Treasury and federal agencies securities		205	Overnight	99	Overnight
Total securities sold under repurchase agreements		$	814		995