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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 1,114 $ 716
Money market investments:    
Interest-bearing deposits 1,253 1,488
Federal funds sold and securities purchased under agreements to resell 986 937
Trading securities, at fair value 68 48
Investment securities:    
Available-for-sale, at fair value 9,495 10,300
Held-to-maturity, at amortized cost (fair value: $10,024 and $10,466) 9,857 10,382
Total investment securities 19,352 20,682
Loans held for sale (includes $58 and $43 of loans carried at fair value) 97 53
Loans and leases, net of unearned income and fees 58,884 57,779
Less allowance for loan and lease losses 694 684
Loans held for investment, net of allowance 58,190 57,095
Other noninterest-bearing investments 946 950
Premises, equipment and software, net 1,372 1,400
Goodwill and intangibles 1,053 1,059
Other real estate owned 5 6
Other assets 2,596 2,769
Total assets 87,032 87,203
Deposits:    
Noninterest-bearing demand 24,973 26,244
Interest-bearing:    
Savings and money market 39,242 38,721
Time 11,503 9,996
Total deposits 75,718 74,961
Federal funds and other short-term borrowings 2,919 4,379
Long-term debt 548 542
Reserve for unfunded lending commitments 42 45
Other liabilities 1,420 1,585
Total liabilities 80,647 81,512
Shareholders’ equity:    
Preferred stock, without par value; authorized 4,400 shares 440 440
Common stock ($0.001 par value; authorized 350,000 shares; issued and outstanding 147,699 and 148,153 shares) and additional paid-in capital 1,717 1,731
Retained earnings 6,564 6,212
Accumulated other comprehensive income (loss) (2,336) (2,692)
Total shareholders’ equity 6,385 5,691
Total liabilities and shareholders’ equity $ 87,032 $ 87,203