Short-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2019

Short-Term Borrowings

Summary of Short-Term Borrowings and Weighted-Average Rates

The following table summarizes short-term borrowings and weighted-average rates:

	2019				2018
($ in millions)	Amount		Rate		Amount		Rate
As of December 31:
Federal funds purchased	$	260		1.49%	$	1,925		2.40%
Other short-term borrowings		1,011		1.24		573		1.95
Average for the years ended December 31:
Federal funds purchased	$	1,267		2.26%	$	1,509		1.97%
Other short-term borrowings		1,046		2.67		1,611		1.82
Maximum month-end balance for the years ended December 31:
Federal funds purchased	$	2,693			$	2,684
Other short-term borrowings		4,046				6,313

Summary of Other Short-Term Borrowings

The following table presents a summary of the Bancorp’s other short-term borrowings as of December 31:    

($ in millions)	2019		2018
Securities sold under repurchase agreements	$	469		302
Derivative collateral		542		271
Total other short-term borrowings	$	1,011		573