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Business Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Business Segment Reporting
 
Three Months Ended March 31, 2017
(Dollars in millions)
Consumer
Banking and
Private Wealth
Management
 
Wholesale Banking
 
Mortgage Banking
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
 
 
Average loans

$44,074

 

$72,451

 

$27,078

 

$67

 

$—

 

$143,670

Average consumer and commercial deposits
98,871

 
57,393

 
2,543

 
117

 
(50
)
 
158,874

Average total assets
49,794

 
85,864

 
31,475

 
34,005

 
3,114

 
204,252

Average total liabilities
99,478

 
63,108

 
2,861

 
15,158

 
(24
)
 
180,581

Average total equity

 

 

 

 
23,671

 
23,671

Statements of Income:
 
 
 
 
 
 
 
 
 
 
 
Net interest income

$766

 

$543

 

$113

 

$11

 

($67
)
 

$1,366

FTE adjustment

 
34

 

 
1

 
(1
)
 
34

Net interest income-FTE 1
766

 
577

 
113

 
12

 
(68
)
 
1,400

Provision for credit losses 2
88

 
31

 

 

 

 
119

Net interest income after provision for credit losses-FTE
678

 
546

 
113

 
12

 
(68
)
 
1,281

Total noninterest income
350

 
403

 
115

 
23

 
(44
)
 
847

Total noninterest expense
797

 
482

 
184

 
6

 
(4
)
 
1,465

Income before provision for income taxes-FTE
231

 
467

 
44

 
29

 
(108
)
 
663

Provision for income taxes-FTE 3
85

 
174

 
15

 
(16
)
 
(65
)
 
193

Net income including income attributable to noncontrolling interest
146

 
293

 
29

 
45

 
(43
)
 
470

Net income attributable to noncontrolling interest

 

 

 
2

 

 
2

Net income

$146

 

$293

 

$29

 

$43

 

($43
)
 

$468


1 Presented on a matched maturity funds transfer price basis for the segments.
2 Provision for credit losses represents net charge-offs by segment combined with an allocation to the segments for the provision attributable to quarterly changes in the ALLL and unfunded commitment reserve balances.
3 Includes regular provision for income taxes as well as FTE income and tax credit adjustment reversals.

 
Three Months Ended March 31, 2016
(Dollars in millions)
Consumer
Banking and
Private Wealth
Management
 
Wholesale Banking
 
Mortgage Banking
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
 
 
Average loans

$41,589

 

$70,773

 

$25,946

 

$64

 

$—

 

$138,372

Average consumer and commercial deposits
93,238

 
53,620

 
2,311

 
107

 
(47
)
 
149,229

Average total assets
47,285

 
84,363

 
29,203

 
30,560

 
1,603

 
193,014

Average total liabilities
93,853

 
59,496

 
2,686

 
13,201

 
(19
)
 
169,217

Average total equity

 

 

 

 
23,797

 
23,797

Statements of Income:
 
 
 
 
 
 
 
 
 
 
 
Net interest income

$719

 

$495

 

$120

 

$31

 

($83
)
 

$1,282

FTE adjustment

 
35

 

 
1

 

 
36

Net interest income-FTE 1
719

 
530

 
120

 
32

 
(83
)
 
1,318

Provision/(benefit) for credit losses 2
29

 
82

 
(10
)
 

 

 
101

Net interest income after provision/(benefit) for credit losses-FTE
690

 
448

 
130

 
32

 
(83
)
 
1,217

Total noninterest income
356

 
313

 
126

 
20

 
(34
)
 
781

Total noninterest expense
741

 
411

 
174

 
(4
)
 
(4
)
 
1,318

Income before provision for income taxes-FTE
305

 
350

 
82

 
56

 
(113
)
 
680

Provision for income taxes-FTE 3
113

 
131

 
32

 
16

 
(61
)
 
231

Net income including income attributable to noncontrolling interest
192

 
219

 
50

 
40

 
(52
)
 
449

Net income attributable to noncontrolling interest

 

 

 
2

 

 
2

Net income

$192

 

$219

 

$50

 

$38

 

($52
)
 

$447


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 provision for income taxes as well as FTE income and tax credit adjustment reversals.