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CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Interest income:    
Loans $ 501us-gaap_InterestAndFeeIncomeLoansAndLeases $ 464us-gaap_InterestAndFeeIncomeLoansAndLeases
Securities 200hsbcusa_InterestIncomeSecurities 207hsbcusa_InterestIncomeSecurities
Trading assets 95us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue 48us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
Short-term investments 22hsbcusa_InterestIncomeShortTermInvestments 16hsbcusa_InterestIncomeShortTermInvestments
Other 15us-gaap_OtherInterestAndDividendIncome 10us-gaap_OtherInterestAndDividendIncome
Total interest income 833us-gaap_InterestAndDividendIncomeOperating 745us-gaap_InterestAndDividendIncomeOperating
Interest expense:    
Deposits 46us-gaap_InterestExpenseDeposits 35us-gaap_InterestExpenseDeposits
Short-term borrowings 11us-gaap_InterestExpenseShortTermBorrowings 6us-gaap_InterestExpenseShortTermBorrowings
Long-term debt 167us-gaap_InterestExpenseLongTermDebt 170us-gaap_InterestExpenseLongTermDebt
Other 3us-gaap_InterestExpenseOther 15us-gaap_InterestExpenseOther
Total interest expense 227us-gaap_InterestExpense 226us-gaap_InterestExpense
Net interest income 606us-gaap_InterestIncomeExpenseNet [1] 519us-gaap_InterestIncomeExpenseNet [1]
Provision for credit losses 53us-gaap_ProvisionForLoanAndLeaseLosses 16us-gaap_ProvisionForLoanAndLeaseLosses
Net interest income after provision for credit losses 553us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 503us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Other revenues:    
Credit card fees 10us-gaap_FeesAndCommissionsCreditCards 14us-gaap_FeesAndCommissionsCreditCards
Other fees and commissions 182us-gaap_FeesAndCommissionsOther 173us-gaap_FeesAndCommissionsOther
Trust income 35us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities 31us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities
Trading revenue 33us-gaap_TradingGainsLosses 133us-gaap_TradingGainsLosses
Net other-than-temporary impairment losses 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet [2] (2)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet [2]
Other securities gains, net 23us-gaap_GainLossOnSaleOfSecuritiesNet 22us-gaap_GainLossOnSaleOfSecuritiesNet
Servicing and other fees from HSBC affiliates 56hsbcusa_RevenueOtherFinancialServicesWithAffiliates 47hsbcusa_RevenueOtherFinancialServicesWithAffiliates
Residential mortgage banking revenue 19hsbcusa_ResidentialMortgageBankingRevenueLoss 48hsbcusa_ResidentialMortgageBankingRevenueLoss
Gain on instruments designated at fair value and related derivatives 85hsbcusa_GainLossOnInstrumentsDesignatedAtFairValueAndRelatedDerivative 28hsbcusa_GainLossOnInstrumentsDesignatedAtFairValueAndRelatedDerivative
Other income 21us-gaap_OtherIncome 6us-gaap_OtherIncome
Total other revenues 464us-gaap_NoninterestIncome 500us-gaap_NoninterestIncome
Operating expenses:    
Salaries and employee benefits 246us-gaap_LaborAndRelatedExpense 215us-gaap_LaborAndRelatedExpense
Support services from HSBC affiliates 352hsbcusa_SupportServicesFromAffiliates 354hsbcusa_SupportServicesFromAffiliates
Occupancy expense, net 56us-gaap_OccupancyNet 57us-gaap_OccupancyNet
Other expenses 123us-gaap_OtherNoninterestExpense 124us-gaap_OtherNoninterestExpense
Total operating expenses 777us-gaap_NoninterestExpense [3] 750us-gaap_NoninterestExpense [3]
Income before income tax 240us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 253us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 76us-gaap_IncomeTaxExpenseBenefit 149us-gaap_IncomeTaxExpenseBenefit
Net income $ 164us-gaap_NetIncomeLoss $ 104us-gaap_NetIncomeLoss
[1] Net interest income of each segment represents the difference between actual interest earned on assets and interest paid on liabilities of the segment adjusted for a funding charge or credit. Segments are charged a cost to fund assets (e.g. customer loans) and receive a funding credit for funds provided (e.g. customer deposits) based on equivalent market rates. The objective of these charges/credits is to transfer interest rate risk from the segments to one centralized unit in Balance Sheet Management and more appropriately reflect the profitability of segments.
[2] During the three months ended March 31, 2015, there were no other-than-temporary impairment ("OTTI") losses on securities recognized in other revenues and no OTTI losses in the non-credit component of securities recognized in accumulated other comprehensive loss ("AOCI"), net of tax. During the three months ended March 31, 2014, OTTI losses on securities held-to-maturity totaling $2 million were recognized in other revenues. There were no OTTI losses in the non-credit component of such impaired securities recognized in AOCI, net of tax.
[3] Expenses for the segments include fully apportioned corporate overhead expenses.