Business Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2012

Business Segment Reporting

	Three Months Ended June 30, 2012
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other			Reconciling Items			Consolidated
Average total assets		$46,337		$64,603		$35,788			$29,414			$1,773			$177,915
Average total liabilities	78,107		53,209		4,347			21,960			(180		)	157,443
Average total equity	—		—		—			—			20,472			20,472
Net interest income		$630		$433		$131			$94			($14	)		$1,274
FTE adjustment	—		32		—			1			(1		)	32
Net interest income - FTE 1	630		465		131			95			(15		)	1,306
Provision for credit losses 2	118		67		165			—			(50		)	300
Net interest income/(loss) after provision for credit losses	512		398		(34		)	95			35			1,006
Total noninterest income	340		383		179			41			(3		)	940
Total noninterest expense	688		515		348			(3		)	(2		)	1,546
Income/(loss) before provision/(benefit) for income taxes	164		266		(203		)	139			34			400
Provision/(benefit) for income taxes 3	59		78		(83		)	54			15			123
Net income/(loss) including income attributable to noncontrolling interest	105		188		(120		)	85			19			277
Net income attributable to noncontrolling interest	—		—		—			3			(1		)	2
Net income/(loss)		$105		$188		($120	)		$82			$20			$275

	Three Months Ended June 30, 2011
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking			Mortgage Banking			Corporate Other			Reconciling Items			Consolidated
Average total assets		$43,244		$62,255			$33,363			$31,281			$384			$170,527
Average total liabilities	77,718		54,932			3,427			14,927			14			151,018
Average total equity	—		—			—			—			19,509			19,509
Net interest income		$620		$399			$112			$119			$9			$1,259
FTE adjustment	—		26			—			2			(1		)	27
Net interest income - FTE 1	620		425			112			121			8			1,286
Provision for credit losses 2	177		175			153			—			(113		)	392
Net interest income/(loss) after provision for credit losses	443		250			(41		)	121			121			894
Total noninterest income	372		402			75			67			(4		)	912
Total noninterest expense	736		549			274			(14		)	(3		)	1,542
Income/(loss) before provision/(benefit) for income taxes	79		103			(240		)	202			120			264
Provision/(benefit) for income taxes 3	29		18			(93		)	84			47			85
Net income/(loss) including income attributable to noncontrolling interest	50		85			(147		)	118			73			179
Net income attributable to noncontrolling interest	—		(1		)	—			2			—			1
Net income/(loss)		$50		$86			($147	)		$116			$73			$178

¹Net interest income is FTE and is presented on a matched maturity funds transfer price basis for the segments.

²Provision for credit losses represents net charge-offs for the segments.

³Includes regular income tax provision/(benefit) and taxable-equivalent income adjustment reversal.

	Six Months Ended June 30, 2012
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other			Reconciling Items			Consolidated
Average total assets		$46,222		$63,979		$35,512			$30,332			$1,340			$177,385
Average total liabilities	77,839		54,234		4,088			21,185			(325		)	157,021
Average total equity	—		—		—			—			20,364			20,364
Net interest income		$1,263		$862		$257			$220			($17	)		$2,585
FTE adjustment	—		61		—			2			—			63
Net interest income - FTE 1	1,263		923		257			222			(17		)	2,648
Provision for credit losses 2	272		168		331			—			(154		)	617
Net interest income/(loss) after provision for credit losses	991		755		(74		)	222			137			2,031
Total noninterest income	662		762		336			61			(5		)	1,816
Total noninterest expense	1,387		1,030		686			(11		)	(5		)	3,087
Income/(loss) before provision/(benefit) for income taxes	266		487		(424		)	294			137			760
Provision/(benefit) for income taxes 3	96		137		(170		)	103			57			223
Net income/(loss) including income attributable to noncontrolling interest	170		350		(254		)	191			80			537
Net income attributable to noncontrolling interest	—		8		—			5			(1		)	12
Net income/(loss)		$170		$342		($254	)		$186			$81			$525

	Six Months Ended June 30, 2011
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other			Reconciling Items			Consolidated
Average total assets		$43,329		$61,772		$33,947			$31,082			$1,659			$171,789
Average total liabilities	77,283		54,468		3,559			15,202			(21		)	150,491
Average total equity	—		—		—			—			21,298			21,298
Net interest income		$1,239		$789		$232			$240			$8			$2,508
FTE adjustment	—		51		—			3			1			55
Net interest income - FTE 1	1,239		840		232			243			9			2,563
Provision for credit losses 2	379		321		376			—			(237		)	839
Net interest income/(loss) after provision for credit losses	860		519		(144		)	243			246			1,724
Total noninterest income	731		791		156			135			(18		)	1,795
Total noninterest expense	1,433		1,086		526			(19		)	(19		)	3,007
Income/(loss) before provision/(benefit) for income taxes	158		224		(514		)	397			247			512
Provision/(benefit) for income taxes 3	58		39		(199		)	150			98			146
Net income/(loss) including income attributable to noncontrolling interest	100		185		(315		)	247			149			366
Net income attributable to noncontrolling interest	—		4		—			5			(1		)	8
Net income/(loss)		$100		$181		($315	)		$242			$150			$358

¹Net interest income is FTE and is presented on a matched maturity funds transfer price basis for the segments.

²Provision for credit losses represents net charge-offs for the segments.

³Includes regular income tax provision/(benefit) and taxable-equivalent income adjustment reversal.