Quarterly Earnings Summary (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Earnings Summary (Unaudited) [Abstract]

Quarterly Earnings Summary (Unaudited)

QUARTERLY EARNINGS SUMMARY (UNAUDITED)

TABLE 26.1

(Dollars in millions, except per share data)
Quarter Ended 2019	Dec. 31		Sept. 30		June 30		Mar. 31
Total interest income	$	306	$	314	$	317	$	310
Total interest expense	80		84		87		79
Net interest income	226		230		230		231
Provision for credit losses	7		12		11		14
Total non-interest income	74		80		75		65
Total non-interest expense	177		178		175		166
Net income	95		103		95		94
Net income available to common stockholders	93		101		93		92
Per Common Share
Basic earnings per share	$	0.29	$	0.31	$	0.29	$	0.28
Diluted earnings per share	0.29		0.31		0.29		0.28
Quarter Ended 2018
Total interest income	$	305	$	298	$	294	$	273
Total interest expense	74		63		54		47
Net interest income	231		235		240		226
Provision for credit losses	15		16		16		14
Other non-interest income	69		75		65		67
Total non-interest expense	170		171		183		171
Net income	100		101		85		87
Net income available to common stockholders	98		99		83		85
Per Common Share
Basic earnings per share	$	0.30	$	0.30	$	0.26	$	0.26
Diluted earnings per share	0.30		0.30		0.26		0.26