Business Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Business Segment Reporting

	Three Months Ended September 30, 2016
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other		Reconciling Items			Consolidated
Balance Sheets:
Average loans		$43,405		$71,634		$27,146			$74		($2	)		$142,257
Average consumer and commercial deposits	95,924		55,921		3,374			157		(63		)	155,313
Average total assets	49,085		85,772		31,202			32,480		2,937			201,476
Average total liabilities	96,492		61,541		3,744			15,351		(62		)	177,066
Average total equity	—		—		—			—		24,410			24,410
Statements of Income:
Net interest income		$721		$461		$111			$21		($6	)		$1,308
FTE adjustment	—		33		—			1		—			34
Net interest income - FTE 1	721		494		111			22		(6		)	1,342
Provision/(benefit) for credit losses 2	30		68		(1		)	—		—			97
Net interest income after provision/(benefit) for credit losses - FTE	691		426		112			22		(6		)	1,245
Total noninterest income	387		320		167			20		(5		)	889
Total noninterest expense	790		427		196			1		(5		)	1,409
Income before provision for income taxes - FTE	288		319		83			41		(6		)	725
Provision for income taxes - FTE 3	108		95		31			12		3			249
Net income including income attributable to noncontrolling interest	180		224		52			29		(9		)	476
Net income attributable to noncontrolling interest	—		—		—			2		—			2
Net income		$180		$224		$52			$27		($9	)		$474

	Three Months Ended September 30, 2015
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other		Reconciling Items			Consolidated
Balance Sheets:
Average loans		$40,189		$67,291		$25,299			$69		($11	)		$132,837
Average consumer and commercial deposits	91,039		51,194		2,918			104		(29		)	145,226
Average total assets	45,887		80,067		29,280			29,895		3,212			188,341
Average total liabilities	91,689		56,627		3,290			13,362		(11		)	164,957
Average total equity	—		—		—			—		23,384			23,384
Statements of Income:
Net interest income		$688		$452		$123			$41		($93	)		$1,211
FTE adjustment	—		35		—			1		—			36
Net interest income - FTE 1	688		487		123			42		(93		)	1,247
Provision/(benefit) for credit losses 2	22		47		(38		)	—		1			32
Net interest income after provision/(benefit) for credit losses - FTE	666		440		161			42		(94		)	1,215
Total noninterest income	384		292		109			29		(3		)	811
Total noninterest expense	730		383		153			1		(3		)	1,264
Income before provision for income taxes - FTE	320		349		117			70		(94		)	762
Provision for income taxes - FTE 3	119		113		11			24		(44		)	223
Net income including income attributable to noncontrolling interest	201		236		106			46		(50		)	539
Net income attributable to noncontrolling interest	—		—		—			2		—			2
Net income		$201		$236		$106			$44		($50	)		$537

¹ Presented on a matched maturity funds transfer price basis for the segments.

² Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision/(benefit) attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

³ Includes regular income tax provision and taxable-equivalent income adjustment reversal.

	Nine Months Ended September 30, 2016
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other			Reconciling Items			Consolidated
Balance Sheets:
Average loans		$42,502		$71,499		$26,563			$66			($2	)		$140,628
Average consumer and commercial deposits	95,389		54,564		2,896			122			(60		)	152,911
Average total assets	48,190		85,402		30,178			31,510			2,333			197,613
Average total liabilities	95,975		60,295		3,274			14,019			(26		)	173,537
Average total equity	—		—		—			—			24,076			24,076
Statements of Income:
Net interest income		$2,124		$1,362		$334			$79			($22	)		$3,877
FTE adjustment	—		103		—			2			—			105
Net interest income - FTE 1	2,124		1,465		334			81			(22		)	3,982
Provision/(benefit) for credit losses 2	107		253		(17		)	—			—			343
Net interest income after provision/(benefit) for credit losses - FTE	2,017		1,212		351			81			(22		)	3,639
Total noninterest income	1,108		906		457			112			(14		)	2,569
Total noninterest expense	2,293		1,253		547			(6		)	(15		)	4,072
Income before provision for income taxes - FTE	832		865		261			199			(21		)	2,136
Provision for income taxes - FTE 3	310		264		99			55			(12		)	716
Net income including income attributable to noncontrolling interest	522		601		162			144			(9		)	1,420
Net income attributable to noncontrolling interest	—		—		—			7			—			7
Net income		$522		$601		$162			$137			($9	)		$1,413

	Nine Months Ended September 30, 2015
(Dollars in millions)	Consumer Banking and Private Wealth Management		Wholesale Banking		Mortgage Banking			Corporate Other		Reconciling Items			Consolidated
Balance Sheets:
Average loans		$40,539		$67,565		$24,847			$58		($9	)		$133,000
Average consumer and commercial deposits	90,919		49,142		2,754			106		(52		)	142,869
Average total assets	46,511		80,734		28,595			29,493		3,302			188,635
Average total liabilities	91,557		54,872		3,139			15,870		(69		)	165,369
Average total equity	—		—		—			—		23,266			23,266
Statements of Income:
Net interest income		$2,028		$1,328		$366			$106		($310	)		$3,518
FTE adjustment	—		104		—			2		1			107
Net interest income - FTE 1	2,028		1,432		366			108		(309		)	3,625
Provision/(benefit) for credit losses 2	101		73		(61		)	—		1			114
Net interest income after provision/(benefit) for credit losses - FTE	1,927		1,359		427			108		(310		)	3,511
Total noninterest income	1,136		914		346			118		(11		)	2,503
Total noninterest expense	2,195		1,165		510			15		(13		)	3,872
Income before provision for income taxes - FTE	868		1,108		263			211		(308		)	2,142
Provision for income taxes - FTE 3	323		371		44			75		(127		)	686
Net income including income attributable to noncontrolling interest	545		737		219			136		(181		)	1,456
Net income attributable to noncontrolling interest	—		—		—			7		—			7
Net income		$545		$737		$219			$129		($181	)		$1,449

¹ Presented on a matched maturity funds transfer price basis for the segments.

² Provision/(benefit) for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision/(benefit) attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.

³ Includes regular income tax provision and taxable-equivalent income adjustment reversal.