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Consolidated Statements of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest Income      
Interest and fees on loans $ 4,633 $ 5,035 $ 5,219
Interest and fees on loans held for sale 107 112 93
Interest and Dividend Income, Securities, Available-for-sale 579 655 [1] 791 [1]
Trading account interest and other 69 65 78
Total interest income 5,388 5,867 6,181
Interest Expense      
Interest on deposits 291 429 624
Interest Expense, Long-term Debt 210 299 449
Interest on other borrowings 34 37 43
Total interest expense 535 765 1,116
Net, interest income 4,853 5,102 5,065
Provision for Loan, Lease, and Other Losses 553 1,395 [2] 1,513 [2]
Interest Income (Expense), after Provision for Loan Loss 4,300 3,707 3,552
Noninterest Income      
Service charges on deposit accounts 657 676 685
Fees and Commissions, Other 369 402 415
Fees and Commissions, Credit and Debit Cards 310 316 463
Fees and Commissions, Fiduciary and Trust Activities 518 512 531
Investment Advisory, Management and Administrative Fees 267 241 230
Investment Banking Revenue 356 342 317
Trading Gain (Loss) 182 211 248
Fees and Commissions, Mortgage Banking 314 343 (5)
Servicing Fees, Net 87 260 224
Gain (Loss) on Sale of Securities, Net 2 [3] 1,974 [3] 117 [3]
Noninterest Income, Other Operating Income 152 96 196
Total noninterest income 3,214 5,373 3,421
Noninterest Expense      
Employee compensation 2,488 2,603 2,494
Other Labor-related Expenses 413 474 382
Outside processing and software 746 710 653
Net occupancy expense 348 359 356
Operating losses 503 277 377
Credit and collection services 264 239 275
Federal Deposit Insurance Corporation Premium Expense 181 233 300
Equipment Expense 181 188 178
Marketing and Advertising Expense 135 184 184
Professional Fees 73 165 120
Amortization of Intangible Assets and Impairment of Goodwill 23 46 43
Gains (Losses) on Sales of Other Real Estate (4) (140) (264)
Net loss/(gain) on extinguishment of debt 0 (16) 3
Other Noninterest Expense 521 689 611
Noninterest Expense 5,880 6,323 6,234
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 1,634 2,757 739
Income Tax Expense (Benefit) 273 773 79
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1,361 1,984 660
Net Income (Loss) Attributable to Noncontrolling Interest 17 26 13
Net Income (Loss) Attributable to Parent 1,344 1,958 647
Net Income (Loss) Available to Common Stockholders, Basic $ 1,297 $ 1,931 $ 495
Earnings Per Share, Diluted $ 2.41 $ 3.59 $ 0.94
Earnings Per Share, Basic $ 2.43 $ 3.62 $ 0.94
Common Stock, Dividends, Per Share, Declared $ 0.35 $ 0.20 $ 0.12
Weighted Average Number of Shares Outstanding, Diluted 539,093 538,061 527,618
Weighted Average Number of Shares Outstanding, Basic 534,283 534,149 523,995
[1] Includes dividends on Coke common stock of $31 million and $56 million for the years ended December 31, 2012 and 2011, respectively.
[2] 2 Provision for credit losses represents net charge-offs for the segments.
[3] Total OTTI was $0, $1 million, and $2 million for the years ended December 31, 2013, 2012, and 2011, respectively. Of total OTTI, losses of $1 million, $7 million, and $6 million were recognized in earnings, and gains of $1 million, $6 million, and $4 million were recognized as non-credit-related OTTI in OCI for the years ended December 31, 2013, 2012, and 2011, respectively.