Business Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2014

Jun. 30, 2013



	Six Months Ended June 30, 2014
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other		Reconciling Items			Consolidated
Balance Sheets:
Average total assets		$47,076		$71,367		$31,400			$25,795		$2,766			$178,404
Average total liabilities	85,760		49,219		2,600			18,989		(25		)	156,543
Average total equity	—		—		—			—		21,861			21,861

Statements of Income/(Loss):
Net interest income		$1,296		$810		$274			$147		($113	)		$2,414
FTE adjustment	—		68		—			2		(1		)	69
Net interest income - FTE ¹	1,296		878		274			149		(114		)	2,483
Provision for credit losses ²	95		30		50			—		—			175
Net interest income after provision for credit losses	1,201		848		224			149		(114		)	2,308
Total noninterest income	743		586		219			209		(9		)	1,748
Total noninterest expense	1,446		802		556			77		(7		)	2,874
Income/(loss) before provision/(benefit) for income taxes	498		632		(113		)	281		(116		)	1,182
Provision/(benefit) for income taxes ³	183		209		(43		)	69		(51		)	367
Net income/(loss) including income attributable to noncontrolling interest	315		423		(70		)	212		(65		)	815
Net income attributable to noncontrolling interest	—		—		—			11		—			11
Net income/(loss)		$315		$423		($70	)		$201		($65	)		$804




	Six Months Ended June 30, 2013
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other			Reconciling Items			Consolidated
Balance Sheets:
Average total assets		$45,319		$65,354		$32,946			$27,052			$1,504			$172,175
Average total liabilities	85,449		46,162		4,383			15,112			(126		)	150,980
Average total equity	—		—		—			—			21,195			21,195

Statements of Income/(Loss):
Net interest income		$1,297		$775		$268			$162			($70	)		$2,432
FTE adjustment	—		60		—			1			—			61
Net interest income - FTE ¹	1,297		835		268			163			(70		)	2,493
Provision/(benefit) for credit losses ²	177		68		113			(1		)	1			358
Net interest income after provision/(benefit) for credit losses	1,120		767		155			164			(71		)	2,135
Total noninterest income	727		547		329			122			(4		)	1,721
Total noninterest expense	1,397		703		609			35			(4		)	2,740
Income/(loss) before provision/(benefit) for income taxes	450		611		(125		)	251			(71		)	1,116
Provision/(benefit) for income taxes ³	165		202		(52		)	78			(15		)	378
Net income/(loss) including income attributable to noncontrolling interest	285		409		(73		)	173			(56		)	738
Net income attributable to noncontrolling interest	—		—		—			9			—			9
Net income/(loss)		$285		$409		($73	)		$164			($56	)		$729



	Three Months Ended June 30, 2014
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other		Reconciling Items			Consolidated
Balance Sheets:
Average total assets		$47,204		$72,684		$31,251			$25,969		$2,712			$179,820
Average total liabilities	86,176		49,613		2,762			19,271		4			157,826
Average total equity	—		—		—			—		21,994			21,994

Statements of Income/(Loss):
Net interest income		$651		$415		$140			$72		($69	)		$1,209
FTE adjustment	—		34		—			1		—			35
Net interest income - FTE ¹	651		449		140			73		(69		)	1,244
Provision for credit losses ²	42		7		24			—		—			73
Net interest income after provision for credit losses	609		442		116			73		(69		)	1,171
Total noninterest income	381		312		119			150		(5		)	957
Total noninterest expense	734		385		367			34		(3		)	1,517
Income/(loss) before provision/(benefit) for income taxes	256		369		(132		)	189		(71		)	611
Provision/(benefit) for income taxes ³	94		124		(48		)	65		(27		)	208
Net income/(loss) including income attributable to noncontrolling interest	162		245		(84		)	124		(44		)	403
Net income attributable to noncontrolling interest	—		—		—			5		(1		)	4
Net income/(loss)		$162		$245		($84	)		$119		($43	)		$399



	Three Months Ended June 30, 2013
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other		Reconciling Items			Consolidated
Balance Sheets:
Average total assets		$45,262		$65,776		$32,711			$27,352		$1,436			$172,537
Average total liabilities	85,102		45,906		4,429			15,953		(125		)	151,265
Average total equity	—		—		—			—		21,272			21,272

Statements of Income/(Loss):
Net interest income		$648		$395		$141			$74		($47	)		$1,211
FTE adjustment	—		30		—			1		—			31
Net interest income - FTE ¹	648		425		141			75		(47		)	1,242
Provision for credit losses ²	85		12		49			—		—			146
Net interest income after provision for credit losses	563		413		92			75		(47		)	1,096
Total noninterest income	370		288		131			72		(3		)	858
Total noninterest expense	692		359		340			1		(5		)	1,387
Income/(loss) before provision/(benefit) for income taxes	241		342		(117		)	146		(45		)	567
Provision/(benefit) for income taxes ³	89		114		(48		)	47		(15		)	187
Net income/(loss) including income attributable to noncontrolling interest	152		228		(69		)	99		(30		)	380
Net income attributable to noncontrolling interest	—		—		—			3		—			3
Net income/(loss)		$152		$228		($69	)		$96		($30	)		$377

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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