XML 125 R114.htm IDEA: XBRL DOCUMENT v3.23.1
Fair Value - Schedule of Carrying Values and Estimated Fair Values for Financial Instruments (Details) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Financial Assets    
Investment in marketable equity securities $ 85 $ 95
Investment securities available for sale 9,061 8,995
Investment securities held to maturity 10,381 10,279
Interest rate & other derivative — non-qualifying hedges 547 159
Financial Liabilities    
Fair value of derivative financial instruments 791 486
Reported Value Measurement    
Financial Assets    
Cash and due from banks 1,598 518
Interest earning deposits at banks 38,522 5,025
Investment in marketable equity securities 85 95
Investment securities available for sale 9,061 8,995
Investment securities held to maturity 10,381 10,279
Loans held for sale 90 52
Net loans 134,556 67,720
Accrued interest receivable 772 329
Federal Home Loan Bank stock 393 197
Mortgage and other servicing rights 25 25
Interest rate & other derivative — non-qualifying hedges 547 159
Financial Liabilities    
Deposits with no stated maturity 126,922  
Deposits with no stated maturity   78,798
Time deposits 13,128 10,610
Credit balances of factoring clients 1,126 995
Securities sold under customer repurchase agreements 509 436
Other short-term debt 500 1,750
Long-term borrowings 45,078 4,452
Accrued interest payable 150 57
Fair value of derivative financial instruments 791 486
Estimate of Fair Value Measurement    
Financial Assets    
Cash and due from banks 1,598 518
Interest earning deposits at banks 38,522 5,025
Investment in marketable equity securities 85 95
Investment securities available for sale 9,061 8,995
Investment securities held to maturity 8,993 8,795
Loans held for sale 90 49
Net loans 132,148 64,312
Accrued interest receivable 772 329
Federal Home Loan Bank stock 393 197
Mortgage and other servicing rights 45 47
Interest rate & other derivative — non-qualifying hedges 547 159
Financial Liabilities    
Deposits with no stated maturity 126,922  
Deposits with no stated maturity   78,798
Time deposits 13,055 10,504
Credit balances of factoring clients 1,126 995
Securities sold under customer repurchase agreements 509 436
Other short-term debt 500 1,750
Long-term borrowings 45,048 4,330
Accrued interest payable 150 57
Fair value of derivative financial instruments 791 486
Estimate of Fair Value Measurement | Level 1    
Financial Assets    
Cash and due from banks 1,598 518
Interest earning deposits at banks 38,522 5,025
Investment in marketable equity securities 29 32
Investment securities available for sale 0 0
Investment securities held to maturity 0 0
Loans held for sale 0 0
Net loans 0 0
Accrued interest receivable 0 0
Federal Home Loan Bank stock 0 0
Mortgage and other servicing rights 0 0
Interest rate & other derivative — non-qualifying hedges 0 0
Financial Liabilities    
Deposits with no stated maturity 0  
Deposits with no stated maturity   0
Time deposits 0 0
Credit balances of factoring clients 0 0
Securities sold under customer repurchase agreements 0 0
Other short-term debt 0 0
Long-term borrowings 0 0
Accrued interest payable 0 0
Fair value of derivative financial instruments 0 0
Estimate of Fair Value Measurement | Level 2    
Financial Assets    
Cash and due from banks 0 0
Interest earning deposits at banks 0 0
Investment in marketable equity securities 56 63
Investment securities available for sale 8,901 8,821
Investment securities held to maturity 8,993 8,795
Loans held for sale 9 4
Net loans 1,576 1,679
Accrued interest receivable 772 329
Federal Home Loan Bank stock 393 197
Mortgage and other servicing rights 0 0
Interest rate & other derivative — non-qualifying hedges 546 159
Financial Liabilities    
Deposits with no stated maturity 126,922  
Deposits with no stated maturity   78,798
Time deposits 13,055 10,504
Credit balances of factoring clients 0 0
Securities sold under customer repurchase agreements 509 436
Other short-term debt 500 1,750
Long-term borrowings 45,048 4,312
Accrued interest payable 150 57
Fair value of derivative financial instruments 790 486
Estimate of Fair Value Measurement | Level 3    
Financial Assets    
Cash and due from banks 0 0
Interest earning deposits at banks 0 0
Investment in marketable equity securities 0 0
Investment securities available for sale 160 174
Investment securities held to maturity 0 0
Loans held for sale 81 45
Net loans 130,572 62,633
Accrued interest receivable 0 0
Federal Home Loan Bank stock 0 0
Mortgage and other servicing rights 45 47
Interest rate & other derivative — non-qualifying hedges 1 0
Financial Liabilities    
Deposits with no stated maturity 0  
Deposits with no stated maturity   0
Time deposits 0 0
Credit balances of factoring clients 1,126 995
Securities sold under customer repurchase agreements 0 0
Other short-term debt 0 0
Long-term borrowings 0 18
Accrued interest payable 0 0
Fair value of derivative financial instruments $ 1 $ 0