Accordingly, financial results may be revised periodically to reflect enhanced alignment of expense base allocation drivers, changes in the risk profile of a particular business, or changes in our organizational structure.


Three months ended September 30,	Key Community Bank						Key Corporate Bank
dollars in millions	2013			2012			2013			2012
SUMMARY OF OPERATIONS
Net interest income (TE)	$	357		$	376		$	188		$	189
Noninterest income		194			199			189			181

Total revenue (TE) ^(a)		551			575			377			370
Provision (credit) for loan and lease losses		24			123			13			(3	)
Depreciation and amortization expense		19			16			10			12
Other noninterest expense		422			462			207			189

Income (loss) from continuing operations before income taxes (TE)		86			(26	)		147			172
Allocated income taxes and TE adjustments		32			(10	)		51			63

Income (loss) from continuing operations		54			(16	)		96			109
Income (loss) from discontinued operations, net of taxes		—			—			—			—

Net income (loss)		54			(16	)		96			109
Less: Net income (loss) attributable to noncontrolling interests		—			—			—			—

Net income (loss) attributable to Key	$	54		$	(16	)	$	96		$	109

AVERAGE BALANCES ^(b)
Loans and leases	$	29,495		$	27,764		$	20,586		$	18,893
Total assets ^(a)		31,679			30,305			24,487			22,912
Deposits		49,652			49,269			16,125			12,879
OTHER FINANCIAL DATA
Net loan charge-offs ^(b)	$	27		$	91		$	7		$	8
Return on average allocated equity ^(b)		7.49	%		(2.25	)%		23.31	%		26.06	%
Return on average allocated equity		7.49			(2.25	)		23.31			26.06
Average full-time equivalent employees ^(c)		7,990			9,064			2,018			2,009


Nine months ended September 30,	Key Community Bank						Key Corporate Bank
dollars in millions	2013			2012			2013			2012
SUMMARY OF OPERATIONS
Net interest income (TE)	$	1,075		$	1,089		$	565		$	575
Noninterest income		582			556			567			543

Total revenue (TE) ^(a)		1,657			1,645			1,132			1,118
Provision (credit) for loan and lease losses		123			124			7			14
Depreciation and amortization expense		58			35			33			43
Other noninterest expense		1,280			1,333			596			593

Income (loss) from continuing operations before income taxes (TE)		196			153			496			468
Allocated income taxes and TE adjustments		73			57			179			171

Income (loss) from continuing operations		123			96			317			297
Income (loss) from discontinued operations, net of taxes		—			—			—			—

Net income (loss)		123			96			317			297
Less: Net income (loss) attributable to noncontrolling interests		—			—			—			3

Net income (loss) attributable to Key	$	123		$	96		$	317		$	294

AVERAGE BALANCES ^(b)
Loans and leases	$	29,213		$	26,720		$	20,256		$	18,677
Total assets ^(a)		31,575			29,076			24,108			22,826
Deposits		49,492			48,242			15,241			12,287
OTHER FINANCIAL DATA
Net loan charge-offs ^(b)	$	116		$	184			—		$	43
Return on average allocated equity ^(b)		5.74	%		4.56	%		26.07	%		22.48	%
Return on average allocated equity		5.74			4.56			26.07			22.48
Average full-time equivalent employees ^(c)		8,336			8,756			1,968			2,023

(a)

Substantially all revenue generated by our major business segments is derived from clients that reside in the United States. Substantially all long-lived assets, including premises and equipment, capitalized software, and goodwill held by our major business segments, are located in the United States.

(b)	From continuing operations.

(c)	The number of average full-time equivalent employees has not been adjusted for discontinued operations.


Other Segments						Total Segments						Reconciling Items						Key
2013			2012			2013			2012			2013			2012			2013			2012

$	40		$	11		$	585		$	576		$	(1	)	$	2		$	584		$	578
	74			146			457			526			2			(8	)		459			518

	114			157			1,042			1,102			1			(6	)		1,043			1,096
	(8	)		(11	)		29			109			(1	)		—			28			109
	2			2			31			30			33			34			64			64
	14			33			643			684			9			(36	)		652			648

	106			133			339			279			(40	)		(4	)		299			275
	15			27			98			80			(33	)		(23	)		65			57

	91			106			241			199			(7	)		19			234			218
	—			—			—			—			37			3			37			3

	91			106			241			199			30			22			271			221
	(1	)		2			(1	)		2			—			—			(1	)		2

$	92		$	104		$	242		$	197		$	30		$	22		$	272		$	219


$	3,123		$	3,980		$	53,204		$	50,637		$	67		$	58		$	53,271		$	50,695
	26,899			27,020			83,065			80,237			444			568			83,509			80,805
	754			669			66,531			62,817			(548	)		(141	)		65,983			62,676

$	3		$	9		$	37		$	108			—		$	1		$	37		$	109
	55.73	%		53.32	%		18.65	%		14.87	%		(.55	)%		1.53	%		9.11	%		8.41	%
	55.73			53.32			18.65			14.87			2.34			1.77			10.54			8.52
	55			53			10,063			11,126			4,492			4,707			14,555			15,833


Other Segments						Total Segments						Reconciling Items						Key
2013			2012			2013			2012			2013			2012			2013			2012

$	120		$	10		$	1,760		$	1,674		$	(1	)	$	7		$	1,759		$	1,681
	163			336			1,312			1,435			1			(18	)		1,313			1,417

	283			346			3,072			3,109			—			(11	)		3,072			3,098
	(19	)		35			111			173			—			(1	)		111			172
	5			7			96			85			99			98			195			183
	49			82			1,925			2,008			(12	)		(107	)		1,913			1,901

	248			222			940			843			(87	)		(1	)		853			842
	18			15			270			243			(52	)		(47	)		218			196

	230			207			670			600			(35	)		46			635			646
	—			—			—			—			45			16			45			16

	230			207			670			600			10			62			680			662
	—			4			—			7			—			—			—			7

$	230		$	203		$	670		$	593		$	10		$	62		$	680		$	655


$	3,342		$	4,408		$	52,811		$	49,805		$	56		$	55		$	52,867		$	49,860
	27,210			28,120			82,893			80,022			534			682			83,427			80,704
	713			743			65,446			61,272			(417	)		(143	)		65,029			61,129

$	15		$	61		$	131		$	288			—		$	(1	)	$	131		$	287
	44.83	%		33.44	%		17.30	%		14.74	%		(.91	)%		1.29	%		8.23	%		8.43	%
	44.83			33.44			17.30			14.74			.26			1.74			8.82			8.64
	53			53			10,357			10,832			4,623			4,757			14,980			15,565