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Business Segment Reporting Business Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Business Segment Reporting [Table Text Block]


 
Year Ended December 31, 2017
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$72,622

 

$71,521

 

$76

 

($3
)
 

$144,216

Average consumer and commercial deposits
102,820

 
56,618

 
175

 
(64
)
 
159,549

Average total assets
82,507

 
85,227

 
34,567

 
2,630

 
204,931

Average total liabilities
103,757

 
62,291

 
14,610

 
(28
)
 
180,630

Average total equity
—

 
—

 
—

 
24,301

 
24,301

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$3,698

 

$2,247

 

($44
)
 

($268
)
 

$5,633

FTE adjustment
—

 
142

 
3

 
—

 
145

Net interest income-FTE 1
3,698

 
2,389

 
(41
)
 
(268
)
 
5,778

Provision for credit losses 2
368

 
41

 
—

 
—

 
409

Net interest income after provision for credit losses-FTE
3,330

 
2,348

 
(41
)
 
(268
)
 
5,369

Total noninterest income
1,874

 
1,710

 
(33
)
 
(197
)
 
3,354

Total noninterest expense
3,842

 
1,869

 
73

 
(20
)
 
5,764

Income before provision for income taxes-FTE
1,362

 
2,189

 
(147
)
 
(445
)
 
2,959

Provision for income taxes-FTE 3, 4
491

 
816

 
(355
)
 
(275
)
 
677

Net income including income attributable to noncontrolling interest
871

 
1,373

 
208

 
(170
)
 
2,282

Less: Net income attributable to noncontrolling interest
—

 
—

 
9

 
—

 
9

Net income

$871

 

$1,373

 

$199

 

($170
)
 

$2,273


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.
4 Tax effects resulting from the 2017 Tax Act are included in Corporate Other.

 
Year Ended December 31, 2016 1
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$69,455

 

$71,600

 

$66

 

($3
)
 

$141,118

Average consumer and commercial deposits
99,424

 
54,713

 
124

 
(72
)
 
154,189

Average total assets
79,118

 
85,494

 
31,952

 
2,440

 
199,004

Average total liabilities
100,423

 
60,438

 
14,148

 
(73
)
 
174,936

Average total equity
—

 
—

 
—

 
24,068

 
24,068

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$3,465

 

$2,018

 

$101

 

($363
)
 

$5,221

FTE adjustment
—

 
136

 
2

 
—

 
138

Net interest income-FTE 2
3,465

 
2,154

 
103

 
(363
)
 
5,359

Provision for credit losses 3
172

 
272

 
—

 
—

 
444

Net interest income after provision for credit losses-FTE
3,293

 
1,882

 
103

 
(363
)
 
4,915

Total noninterest income
2,036

 
1,356

 
138

 
(147
)
 
3,383

Total noninterest expense
3,796

 
1,676

 
13

 
(17
)
 
5,468

Income before provision for income taxes-FTE
1,533

 
1,562

 
228

 
(493
)
 
2,830

Provision for income taxes-FTE 4
568

 
583

 
59

 
(267
)
 
943

Net income including income attributable to noncontrolling interest
965

 
979

 
169

 
(226
)
 
1,887

Less: Net income attributable to noncontrolling interest
—

 
—

 
9

 
—

 
9

Net income

$965

 

$979

 

$160

 

($226
)
 

$1,878


1 Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the year ended December 31, 2016 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.
2 Presented on a matched maturity funds transfer price basis for the segments.
3 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.
4 Includes regular Provision for income taxes as well as FTE income and tax credit adjustment reversals.

 
Year Ended December 31, 2015 1
(Dollars in millions)
Consumer
 
Wholesale
 
Corporate Other
 
Reconciling
Items
 
Consolidated
Balance Sheets:
 
 
 
 
 
 
 
 
 
Average LHFI

$65,637

 

$67,872

 

$60

 

($11
)
 

$133,558

Average consumer and commercial deposits
93,789

 
50,373

 
101

 
(60
)
 
144,203

Average total assets
75,204

 
80,903

 
29,668

 
3,117

 
188,892

Average total liabilities
94,801

 
56,044

 
14,771

 
(70
)
 
165,546

Average total equity
—

 
—

 
—

 
23,346

 
23,346

Statements of Income:
 
 
 
 
 
 
 
 
 
Net interest income

$3,324

 

$1,918

 

$152

 

($630
)
 

$4,764

FTE adjustment
1

 
138

 
3

 
—

 
142

Net interest income-FTE 2
3,325

 
2,056

 
155

 
(630
)
 
4,906

Provision for credit losses 3
27

 
137

 
—

 
1

 
165

Net interest income after provision for credit losses-FTE
3,298

 
1,919

 
155

 
(631
)
 
4,741

Total noninterest income
1,967

 
1,285

 
137

 
(121
)
 
3,268

Total noninterest expense
3,631

 
1,523

 
17

 
(11
)
 
5,160

Income before provision for income taxes-FTE
1,634

 
1,681

 
275

 
(741
)
 
2,849

Provision for income taxes-FTE 4
553

 
628

 
81

 
(356
)
 
906

Net income including income attributable to noncontrolling interest
1,081

 
1,053

 
194

 
(385
)
 
1,943

Less: Net income attributable to noncontrolling interest
—

 
—

 
10

 
—

 
10

Net income

$1,081

 

$1,053

 

$184

 

($385
)
 

$1,933

1 Beginning in the second quarter of 2017, the Company realigned its business segment structure from three segments to two segments. Specifically, the Company retained the previous composition of the Wholesale Banking segment and changed the basis of presentation of the Consumer Banking and Private Wealth Management segment and Mortgage Banking segment such that those segments were combined into a single Consumer segment. Accordingly, business segment information presented for the year ended December 31, 2015 has been revised to conform to the new business segment structure and updated internal funds transfer pricing methodology for consistent presentation.
2 Presented on a matched maturity funds transfer price basis for the segments.
3 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.
4 Includes regular Provision for income taxes as well as FTE income and tax credit adjustment reversals.