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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest Income      
Loans $ 2,892 $ 2,839 $ 2,797
Securities 564 483 463
Securities borrowed or purchased under resale agreements 347 195 112
Trading assets 326 172 53
Other 50 27 12
Total interest income 4,179 3,716 3,437
Interest Expense      
Deposits 241 194 200
Commercial paper and other short-term borrowings 58 32 13
Long-term debt 250 240 250
Securities loaned or sold under repurchase agreements 353 140 52
Trading liabilities 73 57 30
Total interest expense 975 663 545
Net Interest Income 3,204 3,053 2,892
(Reversal of) provision for credit losses (103) 155 227
Net interest income after (reversal of) provision for credit losses 3,307 2,898 2,665
Noninterest Income      
Service charges on deposit accounts 188 192 195
Trust and investment management fees 121 120 111
Trading account activities (5) 105 62
Securities gains, net 17 69 20
Credit facility fees 98 108 117
Brokerage commissions and fees 69 64 79
Card processing fees, net 47 39 33
Investment banking and syndication fees 369 312 319
Fees from affiliates 866 957 763
Other, net 240 259 151
Total noninterest income 2,010 2,225 1,850
Noninterest Expense      
Salaries and employee benefits 2,376 2,355 2,414
Net occupancy and equipment 357 325 335
Professional and outside services 439 369 318
Software 192 154 120
Regulatory assessments 82 72 53
Intangible asset amortization 30 28 42
Other 508 479 465
Total noninterest expense 3,984 3,782 3,747
Income before income taxes and including noncontrolling interests 1,333 1,341 768
Income tax expense 299 419 169
Net Income Including Noncontrolling Interests 1,034 922 599
Deduct: Net loss from noncontrolling interests 43 68 45
Net Income Attributable to MUAH $ 1,077 $ 990 $ 644