Consolidated Balance Sheet (USD $) In Millions, unless otherwise specified	Dec. 31, 2011		Dec. 31, 2010
Assets
Cash and due from banks	$ 1,616		$ 1,576
Interest bearing deposits with banks	25,454		8,202
Federal funds sold and securities purchased under agreements to resell	3,109		8,236
Trading assets	38,800		32,402
Securities available-for-sale	53,281		45,523
Securities held-to-maturity (fair value of $2.3 billion and $3.4 billion at December 31, 2011 and 2010, respectively)	2,035		3,190
Loans	51,867		49,809
Less - allowance for credit losses	743		852
Loans, net	51,124		48,957
Loans held for sale (includes $377 million and $1.3 billion designated under fair value option at December 31, 2011 and 2010, respectively)	3,670		2,390
Properties and equipment, net	458		549
Intangible assets, net	242		424
Goodwill	2,228		2,626
Other assets	6,369		7,099
Other branch related assets held for sale	440		0
Assets of discontinued operations	21,454		22,639
Total assets	210,280	[1]	183,813	[1]
Deposits in domestic offices:
Noninterest bearing	20,592		23,045
Interest bearing (includes $9.8 billion and $7.4 billion designated under fair value option at December 31, 2011 and 2010, respectively)	73,474		72,808
Deposits in foreign offices:
Noninterest bearing	1,912		1,263
Interest bearing	28,607		23,502
Deposits held for sale	15,144		0
Total deposits	139,729		120,618
Short-term borrowings	16,009		15,187
Long-term debt (includes $5.0 billion and $5.4 billion designated under fair value option at December 31, 2011 and 2010, respectively)	16,709		17,080
Total debt	172,447		152,885
Trading liabilities	14,186		10,528
Interest, taxes and other liabilities	4,223		3,007
Other branch related liabilities held for sale	11		0
Liabilities of discontinued operations	911		660
Total liabilities	191,778	[1]	167,080	[1]
Shareholders' equity
Preferred stock	1,565		1,565
Common shareholder's equity:
Common stock value
Additional paid-in capital	13,814		13,785
Retained earnings	2,481		1,536
Accumulated other comprehensive income (loss)	642		(153)
Total common shareholder' s equity	16,937		15,168
Total shareholders' equity	18,502		16,733
Total liabilities and shareholders' equity	210,280		183,813
HSBC BANK USA, National Association
Assets
Cash and due from banks	1,610		1,576
Interest bearing deposits with banks	23,105		8,051
Federal funds sold and securities purchased under agreements to resell	3,109		8,236
Trading assets	37,113		32,051
Securities available-for-sale	52,998		45,253
Securities held-to-maturity (fair value of $2.3 billion and $3.4 billion at December 31, 2011 and 2010, respectively)	2,017		3,151
Loans	52,694		48,895
Less - allowance for credit losses	743		851
Loans, net	51,951		48,044
Loans held for sale (includes $377 million and $1.3 billion designated under fair value option at December 31, 2011 and 2010, respectively)	3,556		2,390
Properties and equipment, net	458		549
Intangible assets, net	242		424
Goodwill	1,638		2,036
Other assets	6,319		6,718
Other branch related assets held for sale	440		0
Assets of discontinued operations	21,454		22,639
Total assets	206,010	[1]	181,118	[1]
Deposits in domestic offices:
Noninterest bearing	20,588		23,040
Interest bearing (includes $9.8 billion and $7.4 billion designated under fair value option at December 31, 2011 and 2010, respectively)	73,474		72,808
Deposits in foreign offices:
Noninterest bearing	1,912		1,263
Interest bearing	37,873		31,461
Deposits held for sale	15,144		0
Total deposits	148,991		128,572
Short-term borrowings	11,173		12,167
Long-term debt (includes $5.0 billion and $5.4 billion designated under fair value option at December 31, 2011 and 2010, respectively)	8,319		8,671
Total debt	168,483		149,410
Trading liabilities	12,576		10,285
Interest, taxes and other liabilities	4,516		3,160
Other branch related liabilities held for sale	11		0
Liabilities of discontinued operations	911		660
Total liabilities	186,497	[1]	163,515	[1]
Shareholders' equity
Preferred stock
Common shareholder's equity:
Common stock value	2		2
Additional paid-in capital	16,063		15,846
Retained earnings	2,817		1,910
Accumulated other comprehensive income (loss)	631		(155)
Total common shareholder' s equity	19,513		17,603
Total shareholders' equity	19,513		17,603
Total liabilities and shareholders' equity	$ 206,010		$ 181,118

[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") as of December 31, 2011 and 2010 which are consolidated on our balance sheet. Assets and liabilities exclude intercompany balances that eliminate in consolidation.