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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest Income        
Loans $ 711 $ 700 $ 1,408 $ 1,378
Securities 114 121 223 223
Other 5 2 11 5
Total interest income 830 823 1,642 1,606
Interest Expense        
Deposits 49 50 98 102
Commercial paper and other short-term borrowings 4 2 5 3
Long-term debt 57 52 122 99
Total interest expense 110 104 225 204
Net Interest Income 720 719 1,417 1,402
(Reversal of) provision for credit losses (37) 15 125 18
Net interest income after provision for credit losses 757 704 1,292 1,384
Noninterest Income        
Service charges on deposit accounts 46 49 95 98
Trust and investment management fees 30 26 61 54
Trading account activities 20 19 33 27
Securities gains, net 19 5 32 8
Credit facility fees 28 30 55 60
Merchant banking fees 23 20 37 40
Brokerage commissions and fees 13 14 26 27
Card processing fees, net 9 9 18 17
Fees from affiliates 239 192 439 358
Other, net 39 21 65 31
Total noninterest income 466 385 861 720
Noninterest Expense        
Salaries and employee benefits 523 555 1,066 1,122
Net occupancy and equipment 75 75 151 155
Professional and outside services 75 64 177 141
Software 37 29 73 57
Regulatory assessments 13 14 27 27
Intangible asset amortization 6 10 13 20
Other 81 96 179 170
Total noninterest expense 810 843 1,686 1,692
Income before income taxes and including noncontrolling interests 413 246 467 412
Income tax expense 119 71 136 105
Net Income Including Noncontrolling Interests 294 175 331 307
Deduct: Net loss from noncontrolling interests 11 6 23 11
Net Income Attributable to MUAH $ 305 $ 181 $ 354 $ 318