Quarterly Earnings Summary (Unaudited)

12 Months Ended

Dec. 31, 2020

Quarterly Earnings Summary (Unaudited) [Abstract]

Quarterly Earnings Summary (Unaudited)

QUARTERLY EARNINGS SUMMARY (UNAUDITED)

TABLE 27.1

(Dollars in millions, except per share data)
Quarter Ended 2020	Dec. 31		Sept. 30		June 30		Mar. 31
Total interest income	$	270	$	273	$	281	$	306
Total interest expense	36		46		52		74
Net interest income	234		227		229		232
Provision for credit losses	18		27		30		48
Total non-interest income	68		80		77		69
Total non-interest expense	199		180		176		195
Net income	72		83		84		47
Net income available to common stockholders	70		81		82		45
Per Common Share
Basic earnings per share	$	0.22	$	0.25	$	0.25	$	0.14
Diluted earnings per share	0.22		0.25		0.25		0.14
Quarter Ended 2019
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
Other 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