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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest Income    
Loans $ 708 $ 706
Securities 129 110
Securities borrowed or purchased under resale agreements 63 50
Trading assets 74 22
Other 10 6
Total interest income 984 894
Interest Expense    
Deposits 49 49
Commercial paper and other short-term borrowings 8 3
Long-term debt 57 73
Securities loaned or sold under repurchase agreements 59 32
Trading liabilities 16 13
Total interest expense 189 170
Net Interest Income [1] 795 724
(Reversal of) provision for credit losses [1] (30) 162
Net interest income after (reversal of) provision for credit losses 825 562
Noninterest Income    
Service charges on deposit accounts 48 49
Trust and investment management fees 29 32
Trading account activities (4) 28
Securities gains, net 2 13
Credit facility fees 26 27
Brokerage commissions and fees 18 19
Card processing fees, net 11 9
Investment banking and syndication fees 88 61
Fees from affiliates 219 212
Other, net 51 24
Total noninterest income 488 474
Noninterest Expense    
Salaries and employee benefits 615 595
Net occupancy and equipment 82 81
Professional and outside services 116 105
Software 46 37
Intangible asset amortization 20 14
Regulatory assessments 7 7
Other 120 129
Total noninterest expense [1] 1,006 968
Income before income taxes and including noncontrolling interests [1] 307 68
Income tax expense [1] 83 18
Net Income Including Noncontrolling Interests [1] 224 50
Deduct: Net loss from noncontrolling interests [1] 5 12
Net Income Attributable to MUAH [1] $ 229 $ 62
[1] The transferred IHC entities are not measured using a "market view" perspective.