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Consolidated Statements of Income (Unaudited) (USD $)
In Millions
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest Income        
Loans $ 565 $ 568 $ 1,124 $ 1,108
Securities 138 135 281 278
Other 2 5 3 10
Total interest income 705 708 1,408 1,396
Interest Expense        
Deposits 53 78 106 164
Commercial paper and other short-term borrowings 2 2 3 3
Long-term debt 36 27 67 54
Total interest expense 91 107 176 221
Net Interest Income 614 601 1,232 1,175
(Reversal of) provision for loan losses (94) 44 (196) 214
Net interest income after (reversal of) provision for loan losses 708 557 1,428 961
Noninterest Income        
Service charges on deposit accounts 56 64 113 130
Trust and investment management fees 34 35 68 66
Trading account activities 28 25 61 46
Securities gains, net 29 27 57 61
Merchant banking fees 29 22 48 36
Brokerage commissions and fees 12 10 25 19
Card processing fees, net 12 12 22 21
Other 40 49 86 75
Total noninterest income 240 244 480 454
Noninterest Expense        
Salaries and employee benefits 346 319 690 599
Net occupancy and equipment 67 64 132 123
Professional and outside services 55 50 99 89
Intangible asset amortization 24 30 49 62
Regulatory assessments 19 30 40 60
(Reversal of) provision for losses on off-balance sheet commitments (18) 1 (31) (4)
Other 85 90 214 180
Total noninterest expense 578 584 1,193 1,109
Income before income taxes and including noncontrolling interests 370 217 715 306
Income tax expense 131 67 245 82
Net Income including Noncontrolling Interests 239 150 470 224
Deduct: Net loss from noncontrolling interests 3 4 7 7
Net Income attributable to UnionBanCal Corporation (UNBC) $ 242 $ 154 $ 477 $ 231