XML 183 R156.htm IDEA: XBRL DOCUMENT v3.22.0.1
Fair Value of Assets and Liabilities - Summary Of Book Value And Estimated Fair Value Of Financial Instruments (Details) - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Short-term financial assets:    
Interest-bearing deposits with banks $ 14,907 $ 8,351
Securities purchased under agreements to resell 488 380
Trading securities: 1,601 1,176
Loans held-for-sale 1,172 1,022
Securities held to maturity (fair value of $705 and $10, respectively) 712 10
Gross amounts of recognized assets 323 765
Other assets:    
Total assets 89,092 84,209
Liabilities:    
Trading liabilities 426 353
Short-term financial liabilities:    
Securities sold under agreements to repurchase 1,247 1,187
Term borrowings:    
Other long term borrowings 1,590 1,670
Gross amounts of recognized liabilities 103 125
Total liabilities 80,598 75,902
Level 3 | FHLB-Cincinnati Stock    
Term borrowings:    
Restricted investments 29 61
Level 3 | FRB Stock    
Term borrowings:    
Restricted investments 203 202
Reported Value Measurement    
Assets    
Total loans, net of unearned income and allowance for loan losses 54,189 57,269
Short-term financial assets:    
Interest-bearing deposits with banks 14,907 8,351
Federal funds sold 153 65
Securities purchased under agreements to resell 488 380
Total short-term financial assets 15,548 8,796
Trading securities: 1,601 1,176
Loans held-for-sale 1,172 1,022
Securities available for sale at fair value 8,707 8,047
Securities held to maturity (fair value of $705 and $10, respectively) 712 10
Gross amounts of recognized assets 324 769
Other assets:    
Tax credit investments 456 400
Deferred compensation mutual funds 125 118
Equity, mutual funds, and other 257 288
Total other assets 838 806
Total assets 83,091 77,895
Liabilities:    
Defined maturity 3,500 5,070
Trading liabilities 426 353
Short-term financial liabilities:    
Federal funds purchased 775 845
Securities sold under agreements to repurchase 1,247 1,187
Other short-term borrowings 102 166
Total short-term financial liabilities 2,124 2,198
Term borrowings:    
Real estate investment trust-preferred 46 46
Term borrowings—new market tax credit investment 59 45
Secured borrowings 6 15
Junior subordinated debentures 148 238
Other long term borrowings 1,331 1,326
Total term borrowings 1,590 1,670
Gross amounts of recognized liabilities 128 149
Total liabilities 7,768 9,440
Reported Value Measurement | Commercial and industrial    
Assets    
Total loans, net of unearned income and allowance for loan losses 30,734 32,651
Reported Value Measurement | Commercial real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 11,955 12,033
Reported Value Measurement | Consumer real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 10,609 11,483
Reported Value Measurement | Credit Card and Other    
Assets    
Total loans, net of unearned income and allowance for loan losses 891 1,102
Reported Value Measurement | Mortgage Loans    
Short-term financial assets:    
Loans held-for-sale 258 405
Reported Value Measurement | Government guaranteed loans (SBA and USDA)    
Short-term financial assets:    
Loans held-for-sale 853 509
Reported Value Measurement | Other    
Short-term financial assets:    
Loans held-for-sale 24 31
Reported Value Measurement | Mortgage Loan - LOCOM    
Short-term financial assets:    
Loans held-for-sale 37 77
Estimate of Fair Value Measurement    
Assets    
Total loans, net of unearned income and allowance for loan losses 55,023 57,695
Short-term financial assets:    
Interest-bearing deposits with banks 14,907 8,351
Federal funds sold 153 65
Securities purchased under agreements to resell 488 380
Total short-term financial assets 15,548 8,796
Trading securities: 1,601 1,176
Loans held-for-sale 1,175 1,025
Securities available for sale at fair value 8,707 8,047
Securities held to maturity (fair value of $705 and $10, respectively) 705 10
Gross amounts of recognized assets 324 769
Other assets:    
Tax credit investments 450 371
Deferred compensation mutual funds 125 118
Equity, mutual funds, and other 257 288
Total other assets 832 777
Total assets 83,915 78,295
Liabilities:    
Defined maturity 3,524 5,083
Trading liabilities 426 353
Short-term financial liabilities:    
Federal funds purchased 775 845
Securities sold under agreements to repurchase 1,247 1,187
Other short-term borrowings 102 166
Total short-term financial liabilities 2,124 2,198
Term borrowings:    
Real estate investment trust-preferred 47 47
Term borrowings—new market tax credit investment 58 45
Secured borrowings 6 15
Junior subordinated debentures 150 223
Other long term borrowings 1,452 1,455
Total term borrowings 1,713 1,785
Gross amounts of recognized liabilities 128 149
Total liabilities 7,915 9,568
Loan commitments 1 2
Standby and other commitments 6 6
Estimate of Fair Value Measurement | Commercial and industrial    
Assets    
Total loans, net of unearned income and allowance for loan losses 31,020 32,582
Estimate of Fair Value Measurement | Commercial real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 11,986 12,079
Estimate of Fair Value Measurement | Consumer real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 11,111 11,903
Estimate of Fair Value Measurement | Credit Card and Other    
Assets    
Total loans, net of unearned income and allowance for loan losses 906 1,131
Estimate of Fair Value Measurement | Mortgage Loans    
Short-term financial assets:    
Loans held-for-sale 258 405
Estimate of Fair Value Measurement | Government guaranteed loans (SBA and USDA)    
Short-term financial assets:    
Loans held-for-sale 856 512
Estimate of Fair Value Measurement | Other    
Short-term financial assets:    
Loans held-for-sale 24 31
Estimate of Fair Value Measurement | Mortgage Loan - LOCOM    
Short-term financial assets:    
Loans held-for-sale 37 77
Estimate of Fair Value Measurement | Level 1    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Short-term financial assets:    
Interest-bearing deposits with banks 14,907 8,351
Federal funds sold 0 0
Securities purchased under agreements to resell 0 0
Total short-term financial assets 14,907 8,351
Trading securities: 0 0
Loans held-for-sale 0 0
Securities available for sale at fair value 0 0
Securities held to maturity (fair value of $705 and $10, respectively) 0 0
Gross amounts of recognized assets 12 63
Other assets:    
Tax credit investments 0 0
Deferred compensation mutual funds 125 118
Equity, mutual funds, and other 25 25
Total other assets 150 143
Total assets 15,069 8,557
Liabilities:    
Defined maturity 0 0
Trading liabilities 0 0
Short-term financial liabilities:    
Federal funds purchased 0 0
Securities sold under agreements to repurchase 0 0
Other short-term borrowings 0 0
Total short-term financial liabilities 0 0
Term borrowings:    
Real estate investment trust-preferred 0 0
Term borrowings—new market tax credit investment 0 0
Secured borrowings 0 0
Junior subordinated debentures 0 0
Other long term borrowings 0 0
Total term borrowings 0 0
Gross amounts of recognized liabilities 11 71
Total liabilities 11 71
Estimate of Fair Value Measurement | Level 1 | Commercial and industrial    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Estimate of Fair Value Measurement | Level 1 | Commercial real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Estimate of Fair Value Measurement | Level 1 | Consumer real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Estimate of Fair Value Measurement | Level 1 | Credit Card and Other    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Estimate of Fair Value Measurement | Level 1 | Mortgage Loans    
Short-term financial assets:    
Loans held-for-sale 0 0
Estimate of Fair Value Measurement | Level 1 | Government guaranteed loans (SBA and USDA)    
Short-term financial assets:    
Loans held-for-sale 0 0
Estimate of Fair Value Measurement | Level 1 | Other    
Short-term financial assets:    
Loans held-for-sale 0 0
Estimate of Fair Value Measurement | Level 1 | Mortgage Loan - LOCOM    
Short-term financial assets:    
Loans held-for-sale 0 0
Estimate of Fair Value Measurement | Level 2    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Short-term financial assets:    
Interest-bearing deposits with banks 0 0
Federal funds sold 153 65
Securities purchased under agreements to resell 488 380
Total short-term financial assets 641 445
Trading securities: 1,563 1,176
Loans held-for-sale 1,109 935
Securities available for sale at fair value 8,707 8,015
Securities held to maturity (fair value of $705 and $10, respectively) 705 0
Gross amounts of recognized assets 312 706
Other assets:    
Tax credit investments 0 0
Deferred compensation mutual funds 0 0
Equity, mutual funds, and other 0 0
Total other assets 0 0
Total assets 13,037 11,277
Liabilities:    
Defined maturity 3,524 5,083
Trading liabilities 426 353
Short-term financial liabilities:    
Federal funds purchased 775 845
Securities sold under agreements to repurchase 1,247 1,187
Other short-term borrowings 102 166
Total short-term financial liabilities 2,124 2,198
Term borrowings:    
Real estate investment trust-preferred 0 0
Term borrowings—new market tax credit investment 0 0
Secured borrowings 0 0
Junior subordinated debentures 0 0
Other long term borrowings 1,452 1,455
Total term borrowings 1,452 1,455
Gross amounts of recognized liabilities 94 64
Total liabilities 7,620 9,153
Estimate of Fair Value Measurement | Level 2 | Commercial and industrial    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Estimate of Fair Value Measurement | Level 2 | Commercial real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Estimate of Fair Value Measurement | Level 2 | Consumer real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Estimate of Fair Value Measurement | Level 2 | Credit Card and Other    
Assets    
Total loans, net of unearned income and allowance for loan losses 0 0
Estimate of Fair Value Measurement | Level 2 | Mortgage Loans    
Short-term financial assets:    
Loans held-for-sale 230 393
Estimate of Fair Value Measurement | Level 2 | Government guaranteed loans (SBA and USDA)    
Short-term financial assets:    
Loans held-for-sale 855 511
Estimate of Fair Value Measurement | Level 2 | Other    
Short-term financial assets:    
Loans held-for-sale 24 31
Estimate of Fair Value Measurement | Level 2 | Mortgage Loan - LOCOM    
Short-term financial assets:    
Loans held-for-sale 0 0
Estimate of Fair Value Measurement | Level 3    
Assets    
Total loans, net of unearned income and allowance for loan losses 55,023 57,695
Short-term financial assets:    
Interest-bearing deposits with banks 0 0
Federal funds sold 0 0
Securities purchased under agreements to resell 0 0
Total short-term financial assets 0 0
Trading securities: 38 0
Loans held-for-sale 66 90
Securities available for sale at fair value 0 32
Securities held to maturity (fair value of $705 and $10, respectively) 0 10
Gross amounts of recognized assets 0 0
Other assets:    
Tax credit investments 450 371
Deferred compensation mutual funds 0 0
Equity, mutual funds, and other 232 263
Total other assets 682 634
Total assets 55,809 58,461
Liabilities:    
Defined maturity 0 0
Trading liabilities 0 0
Short-term financial liabilities:    
Federal funds purchased 0 0
Securities sold under agreements to repurchase 0 0
Other short-term borrowings 0 0
Total short-term financial liabilities 0 0
Term borrowings:    
Real estate investment trust-preferred 47 47
Term borrowings—new market tax credit investment 58 45
Secured borrowings 6 15
Junior subordinated debentures 150 223
Other long term borrowings 0 0
Total term borrowings 261 330
Gross amounts of recognized liabilities 23 14
Total liabilities 284 344
Estimate of Fair Value Measurement | Level 3 | Commercial and industrial    
Assets    
Total loans, net of unearned income and allowance for loan losses 31,020 32,582
Estimate of Fair Value Measurement | Level 3 | Commercial real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 11,986 12,079
Estimate of Fair Value Measurement | Level 3 | Consumer real estate    
Assets    
Total loans, net of unearned income and allowance for loan losses 11,111 11,903
Estimate of Fair Value Measurement | Level 3 | Credit Card and Other    
Assets    
Total loans, net of unearned income and allowance for loan losses 906 1,131
Estimate of Fair Value Measurement | Level 3 | Mortgage Loans    
Short-term financial assets:    
Loans held-for-sale 28 12
Estimate of Fair Value Measurement | Level 3 | Government guaranteed loans (SBA and USDA)    
Short-term financial assets:    
Loans held-for-sale 1 1
Estimate of Fair Value Measurement | Level 3 | Other    
Short-term financial assets:    
Loans held-for-sale 0 0
Estimate of Fair Value Measurement | Level 3 | Mortgage Loan - LOCOM    
Short-term financial assets:    
Loans held-for-sale 37 77
Contractual Amount    
Term borrowings:    
Loan commitments 24,229 20,796
Standby and other commitments $ 810 $ 751