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Regulatory Capital (Tables)
 9 Months Ended
Sep. 30, 2017
Regulatory Capital Requirements [Abstract]  
Tier 1 Capital And Total Capital Components
The following table summarizes the actual and minimum required capital ratios:
Capital Components and Ratios (dollars in millions)
 
 
 
 
 
 
 
 
 
CIT
 
CIT Bank, N.A.
 
September 30,
2017
 
December 31,
2016
 
September 30,
2017
 
December 31,
2016
Common Equity Tier 1 Capital
$
6,370.2

 
$
9,058.9

 
$
4,740.0

 
$
4,623.2

Tier 1 Capital
$
6,640.0

 
$
9,058.9

 
$
4,740.0

 
$
4,623.2

Total Capital
$
7,103.8

 
$
9,535.2

 
$
5,166.3

 
$
5,053.4

Risk-Weighted Assets(1)
$
44,672.7

 
$
64,586.3

 
$
34,172.1

 
$
34,410.3

Capital Ratios:
 

 
 

 
 

 
 

Common Equity Tier 1 Capital Ratio:
 

 
 

 
 

 
 

Actual
14.3
%
 
14.0
%
 
13.9
%
 
13.4
%
Effective minimum ratios under Basel III guidelines(2)
5.750
%
 
5.125
%
 
5.750
%
 
5.125
%
Tier 1 Capital Ratio:
 

 
 

 
 

 
 

Actual
14.9
%
 
14.0
%
 
13.9
%
 
13.4
%
Effective minimum ratios under Basel III guidelines(2)
7.250
%
 
6.625
%
 
7.250
%
 
6.625
%
Total Capital Ratio:
 

 
 

 
 

 
 

Actual
15.9
%
 
14.8
%
 
15.1
%
 
14.7
%
Effective minimum ratios under Basel III guidelines(2)
9.250
%
 
8.625
%
 
9.250
%
 
8.625
%
Tier 1 Leverage Ratio:
 

 
 

 
 

 
 

Actual
13.4
%
 
13.9
%
 
11.7
%
 
10.9
%
Required minimum ratio for capital adequacy purposes
4.0
%
 
4.0
%
 
4.0
%
 
4.0
%
(1) The decrease in CIT's Risk-Weighted Assets from December 31, 2016 to September 30, 2017, reflects the sale of the Commercial Air business.
(2) Required ratios under Basel III Final Rule in effect as of the reporting date including the partially phased-in capital conservation buffer.