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BUSINESS SEGMENTS
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
We operate in three reportable segments: Community Banking, Wealth Management and Insurance.

The Community Banking segment provides commercial and consumer banking services. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, business credit, capital markets and lease financing. Consumer banking products and services include deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services.
The Wealth Management segment provides a broad range of personal and corporate fiduciary services including the administration of decedent and trust estates. In addition, it offers various alternative products, including securities brokerage (under a third-party arrangement) and investment advisory services, mutual funds and annuities.
The Insurance segment includes a full-service insurance brokerage service offering all lines of commercial and personal insurance through major carriers. The Insurance segment also includes a reinsurer.
The following tables provide financial information for these segments of FNB. The information provided under the caption “Parent and Other” represents operations not considered to be reportable segments and/or general operating expenses of FNB, and includes the parent company, other non-bank subsidiaries and eliminations and adjustments to reconcile to the Consolidated Financial Statements.
TABLE 18.1
(in millions)Community
Banking
Wealth
Management
InsuranceParent and
Other
Consolidated
At or for the Three Months Ended March 31, 2023
Interest income$442 $ $ $2 $444 
Interest expense98   9 107 
Net interest income344   (7)337 
Provision for credit losses14    14 
Non-interest income55 18 7 (1)79 
Non-interest expense (1)
195 13 4 3 215 
Amortization of intangibles5    5 
Income tax expense (benefit)38 1  (4)35 
Net income (loss)147 4 3 (7)147 
Total assets43,998 38 31 79 44,146 
Total intangibles2,526 9 26  2,561 
At or for the Three Months Ended March 31, 2022
Interest income$253 $— $— $$254 
Interest expense17 — — 20 
Net interest income236 — — (2)234 
Provision for credit losses17 — — 18 
Non-interest income56 16 (1)78 
Non-interest expense (1)
207 11 224 
Amortization of intangibles— — — 
Income tax expense (benefit)14 — (1)14 
Net income (loss)51 (4)53 
Total assets41,896 38 33 55 42,022 
Total intangibles2,457 27 — 2,493 
(1) Excludes amortization of intangibles, which is presented separately.