Business Segments (Tables)

12 Months Ended

Dec. 31, 2015

Business Segments

Results of Operations and Average Assets by Segment

Results of operations and assets by business segment for the years ended December 31 are:
								General
		Commercial		Branch		Consumer	Investment	Corporate
2015 ($ in millions)		Banking		Banking		Lending	Advisors	and Other	Eliminations		Total
Net interest income	$	1,625		1,555		249	128	(24)	-		3,533
Provision for loan and lease losses		239		159		45	3	(50)	-		396
Net interest income after provision for loan and lease losses		1,386		1,396		204	125	26	-		3,137
Total noninterest income		853	(c)	652	(b)	407	418	822	(149)	(a)	3,003
Total noninterest expense		1,402		1,567		436	455	64	(149)		3,775
Income before income taxes		837		481		175	88	784	-		2,365
Applicable income tax expense		98		170		63	30	298	-		659
Net income		739		311		112	58	486	-		1,706
Less: Net income attributable to noncontrolling interests		-		-		-	-	(6)	-		(6)
Net income attributable to Bancorp		739		311		112	58	492	-		1,712
Dividends on preferred stock		-		-		-	-	75	-		75
Net income available to common shareholders	$	739		311		112	58	417	-		1,637
Total goodwill	$	613		1,655		-	148	-	-		2,416
Total assets	$	58,166		53,587		22,656	9,938	(3,265)	-		141,082

• Revenue sharing agreements between Investment Advisors and Branch Banking are eliminated in the Consolidated Statements of Income.
• Includes an impairment charge of $109 for branches and land. For more information refer to Note 7 and Note 27.
• Includes an impairment charge of $36 for operating lease equipment. For more information refer to Note 8 and Note 27.

							General
		Commercial	Branch		Consumer	Investment	Corporate
2014 ($ in millions)		Banking	Banking		Lending	Advisors	and Other	Eliminations		Total
Net interest income	$	1,627	1,573		258	121	-	-		3,579
Provision for loan and lease losses		235	181		156	3	(260)	-		315
Net interest income after provision for loan and lease losses		1,392	1,392		102	118	260	-		3,264
Total noninterest income		880	726	(b)	350	410	253	(146)	(a)	2,473
Total noninterest expense		1,317	1,554		554	445	(15)	(146)		3,709
Income (loss) before income taxes		955	564		(102)	83	528	-		2,028
Applicable income tax expense (benefit)		155	199		(36)	29	198	-		545
Net income (loss)		800	365		(66)	54	330	-		1,483
Less: Net income attributable to noncontrolling interests		-	-		-	-	2	-		2
Net income (loss) attributable to Bancorp		800	365		(66)	54	328	-		1,481
Dividends on preferred stock		-	-		-	-	67	-		67
Net income (loss) available to common shareholders	$	800	365		(66)	54	261	-		1,414
Total goodwill	$	613	1,655		-	148	-	-		2,416
Total assets	$	56,306	51,462		22,567	10,443	(2,072)	-		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.

							General
		Commercial	Branch		Consumer	Investment	Corporate
2013 ($ in millions)		Banking	Banking		Lending	Advisors	and Other	Eliminations		Total
Net interest income	$	1,569	1,380		312	154	146	-		3,561
Provision for loan and lease losses		195	211		93	2	(272)	-		229
Net interest income after provision for loan and lease losses		1,374	1,169		219	152	418	-		3,332
Total noninterest income		811	745	(b)	755	406	654	(144)	(a)	3,227
Total noninterest expense		1,230	1,576		685	453	161	(144)		3,961
Income before income taxes		955	338		289	105	911	-		2,598
Applicable income tax expense		157	119		102	37	357	-		772
Net income		798	219		187	68	554	-		1,826
Less: Net income attributable to noncontrolling interests		-	-		-	-	(10)	-		(10)
Net income attributable to Bancorp		798	219		187	68	564	-		1,836
Dividends on preferred stock		-	-		-	-	37	-		37
Net income available to common shareholders	$	798	219		187	68	527	-		1,799
Total goodwill	$	613	1,655		-	148	-	-		2,416
Total assets	$	54,495	47,788		22,624	10,711	(5,175)	-		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. For more information refer to Note 7 and Note 27.