Business Segments (Tables)

12 Months Ended

Dec. 31, 2017

Business Segments

Results of Operations and Average Assets by Segment

The following tables present the results of operations and assets by business segment for the years ended December 31:
					Wealth	General
		Commercial	Branch	Consumer	and Asset	Corporate
2017 ($ in millions)		Banking	Banking	Lending	Management	and Other	Eliminations	Total
Net interest income	$	1,652	1,782	240	154	(30)	-	3,798
Provision for loan and lease losses		38	153	40	6	24	-	261
Net interest income after provision for loan and lease losses		1,614	1,629	200	148	(54)	-	3,537
Total noninterest income		838 (c)	756 (b)	237	419	1,106	(132)(a)	3,224
Total noninterest expense		1,496	1,621	467	454	84	(132)	3,990
Income (loss) before income taxes		956	764	(30)	113	968	-	2,771
Applicable income tax expense (benefit)		150	270	(11)	39	129	-	577
Net income (loss)		806	494	(19)	74	839	-	2,194
Less: Net income attributable to noncontrolling interests		-	-	-	-	-	-	-
Net income (loss) attributable to Bancorp		806	494	(19)	74	839	-	2,194
Dividends on preferred stock		-	-	-	-	75	-	75
Net income (loss) available to common shareholders	$	806	494	(19)	74	764	-	2,119
Total goodwill	$	613	1,655	-	177	-	-	2,445
Total assets	$	58,568	57,892	22,218	9,485	(5,970)(d)	-	142,193

• Revenue sharing agreements between wealth and asset management and branch banking are eliminated in the Consolidated Statements of Income.
• Includes impairment charges of $7 for branches and land. For more information refer to Note 7 and Note 27.
• Includes impairment charges of $52 for operating lease equipment. For more information refer to Note 8 and Note 27.
• Includes bank premises and equipment of $27 classified as held for sale. For more information, refer to Note 7.

					Wealth	General
		Commercial	Branch	Consumer	and Asset	Corporate
2016 ($ in millions)		Banking	Banking	Lending	Management	and Other	Eliminations	Total
Net interest income	$	1,814	1,669	248	168	(284)	-	3,615
Provision for loan and lease losses		76	138	44	1	84	-	343
Net interest income after provision for loan and lease losses		1,738	1,531	204	167	(368)	-	3,272
Total noninterest income		907 (c)	755 (b)	303	399	463	(131)(a)	2,696
Total noninterest expense		1,426	1,621	475	422	90	(131)	3,903
Income before income taxes		1,219	665	32	144	5	-	2,065
Applicable income tax expense		224	234	12	51	(16)	-	505
Net income		995	431	20	93	21	-	1,560
Less: Net income attributable to noncontrolling interests		-	-	-	-	(4)	-	(4)
Net income attributable to Bancorp		995	431	20	93	25	-	1,564
Dividends on preferred stock		-	-	-	-	75	-	75
Net income available to common shareholders	$	995	431	20	93	(50)	-	1,489
Total goodwill	$	613	1,655	-	148	-	-	2,416
Total assets	$	58,092	55,940	22,041	9,487	(3,383)(d)	-	142,177

• Revenue sharing agreements between wealth and asset management and branch banking are eliminated in the Consolidated Statements of Income.
• Includes impairment charges of $32 for branches and land. For more information refer to Note 7 and Note 27.
• Includes impairment charges of $20 for operating lease equipment. For more information, refer to Note 8 and Note 27.
• Includes bank premises and equipment of $39 classified as held for sale. For more information, refer to Note 7.

					Wealth	General
		Commercial	Branch	Consumer	and Asset	Corporate
2015 ($ in millions)		Banking	Banking	Lending	Management	and Other	Eliminations	Total
Net interest income	$	1,625	1,555	249	128	(24)	-	3,533
Provision for loan and lease losses		298	151	44	3	(100)	-	396
Net interest income after provision for loan and lease losses		1,327	1,404	205	125	76	-	3,137
Total noninterest income		853 (c)	652 (b)	407	418	822	(149)(a)	3,003
Total noninterest expense		1,369	1,598	440	455	62	(149)	3,775
Income before income taxes		811	458	172	88	836	-	2,365
Applicable income tax expense		93	161	61	30	314	-	659
Net income		718	297	111	58	522	-	1,706
Less: Net income attributable to noncontrolling interests		-	-	-	-	(6)	-	(6)
Net income attributable to Bancorp		718	297	111	58	528	-	1,712
Dividends on preferred stock		-	-	-	-	75	-	75
Net income available to common shareholders	$	718	297	111	58	453	-	1,637
Total goodwill	$	613	1,655	-	148	-	-	2,416
Total assets	$	58,105	53,609	22,656	9,939	(3,261)(d)	-	141,048

• Revenue sharing agreements between wealth and asset management and branch banking are eliminated in the Consolidated Statements of Income.
• Includes impairment charges of $109 for branches and land. For more information refer to Note 7.
• Includes impairment charges of $36 for operating lease equipment. For more information, refer to Note 8.
• Includes bank premises and equipment of $81 classified as held for sale.