XML 110 R94.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Fair Value of Assets and Liabilities - Schedule of Book Value and Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases $ 61,960 $ 60,519
Short-term financial assets:    
Interest-bearing deposits with banks 1,452 1,328
Securities purchased under agreements to resell 424 519
Trading securities 1,249 1,412
Loans held for sale: 471 502
Securities available for sale at fair value 7,924 8,391
Securities held to maturity 1,297 1,323
Derivative assets 639 576
Other assets:    
Total assets 82,230 81,661
Liabilities:    
Trading liabilities 423 509
Short-term financial liabilities:    
Securities sold under agreements to repurchase 1,948 1,921
Term borrowings:    
Other long-term borrowings 1,175 1,150
Derivative liabilities 789 675
Total liabilities 73,275 72,370
Fair Value, Inputs, Level 3 | FHLB-Cincinnati Stock    
Term borrowings:    
Restricted investments 86 24
Fair Value, Inputs, Level 3 | FRB Stock    
Term borrowings:    
Restricted investments 203 203
Reported Value Measurement    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 61,960 60,519
Short-term financial assets:    
Interest-bearing deposits with banks 1,452 1,328
Federal funds sold 63 200
Securities purchased under agreements to resell 424 519
Total short-term financial assets 1,939 2,047
Trading securities 1,249 1,412
Loans held for sale: 471 502
Securities available for sale at fair value 7,924 8,391
Securities held to maturity 1,297 1,323
Derivative assets 640 577
Other assets:    
Tax credit investments 668 665
Deferred compensation mutual funds 107 102
Equity, mutual funds, and other 323 261
Total other assets 1,098 1,028
Total assets 76,578 75,799
Liabilities:    
Defined maturity deposits 7,163 6,804
Trading liabilities 423 509
Short-term financial liabilities:    
Federal funds purchased 624 302
Securities sold under agreements to repurchase 1,948 1,921
Other short-term borrowings 1,943 326
Total short-term financial liabilities 4,515 2,549
Term borrowings:    
Real estate investment trust-preferred 47 47
Term borrowings—new market tax credit investment 83 65
Secured borrowings 9 3
Junior subordinated debentures 151 150
Other long-term borrowings 885 885
Total term borrowings 1,175 1,150
Derivative liabilities 808 699
Total liabilities 14,084 11,711
Reported Value Measurement | Commercial, financial and industrial    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 33,108 32,294
Reported Value Measurement | Commercial Real Estate    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 14,448 14,044
Reported Value Measurement | Consumer Real Estate    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 13,678 13,417
Reported Value Measurement | Credit card and other    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 726 764
Reported Value Measurement | Mortgage loans (elected fair value)    
Short-term financial assets:    
Loans held for sale: 117 68
Reported Value Measurement | USDA & SBA loans - LOCOM    
Short-term financial assets:    
Loans held for sale: 327 406
Reported Value Measurement | Mortgage loans - LOCOM    
Short-term financial assets:    
Loans held for sale: 27 28
Estimate of Fair Value Measurement    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 60,362 58,851
Short-term financial assets:    
Interest-bearing deposits with banks 1,452 1,328
Federal funds sold 63 200
Securities purchased under agreements to resell 424 519
Total short-term financial assets 1,939 2,047
Trading securities 1,249 1,412
Loans held for sale: 471 503
Securities available for sale at fair value 7,924 8,391
Securities held to maturity 1,108 1,161
Derivative assets 640 577
Other assets:    
Tax credit investments 656 653
Deferred compensation mutual funds 107 102
Equity, mutual funds, and other 323 261
Total other assets 1,086 1,016
Total assets 74,779 73,958
Liabilities:    
Defined maturity deposits 7,205 6,851
Trading liabilities 423 509
Short-term financial liabilities:    
Federal funds purchased 624 302
Securities sold under agreements to repurchase 1,948 1,921
Other short-term borrowings 1,943 326
Total short-term financial liabilities 4,515 2,549
Term borrowings:    
Real estate investment trust-preferred 47 47
Term borrowings—new market tax credit investment 78 60
Secured borrowings 9 3
Junior subordinated debentures 150 150
Other long-term borrowings 847 824
Total term borrowings 1,131 1,084
Derivative liabilities 808 699
Total liabilities 14,082 11,692
Unfunded Commitments [Abstract]    
Loan commitments 1 1
Standby and other commitments 7 8
Estimate of Fair Value Measurement | Fair Value, Inputs, Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Short-term financial assets:    
Interest-bearing deposits with banks 1,452 1,328
Federal funds sold 0 0
Securities purchased under agreements to resell 0 0
Total short-term financial assets 1,452 1,328
Trading securities 0 0
Loans held for sale: 0 0
Securities available for sale at fair value 0 0
Securities held to maturity 0 0
Derivative assets 6 9
Other assets:    
Tax credit investments 0 0
Deferred compensation mutual funds 107 102
Equity, mutual funds, and other 34 34
Total other assets 141 136
Total assets 1,599 1,473
Liabilities:    
Defined maturity deposits 0 0
Trading liabilities 0 0
Short-term financial liabilities:    
Federal funds purchased 0 0
Securities sold under agreements to repurchase 0 0
Other short-term borrowings 0 0
Total short-term financial liabilities 0 0
Term borrowings:    
Real estate investment trust-preferred 0 0
Term borrowings—new market tax credit investment 0 0
Secured borrowings 0 0
Junior subordinated debentures 0 0
Other long-term borrowings 0 0
Total term borrowings 0 0
Derivative liabilities 5 10
Total liabilities 5 10
Estimate of Fair Value Measurement | Fair Value, Inputs, Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Short-term financial assets:    
Interest-bearing deposits with banks 0 0
Federal funds sold 63 200
Securities purchased under agreements to resell 424 519
Total short-term financial assets 487 719
Trading securities 1,233 1,399
Loans held for sale: 429 449
Securities available for sale at fair value 7,924 8,391
Securities held to maturity 1,108 1,161
Derivative assets 634 568
Other assets:    
Tax credit investments 0 0
Deferred compensation mutual funds 0 0
Equity, mutual funds, and other 0 0
Total other assets 0 0
Total assets 11,815 12,687
Liabilities:    
Defined maturity deposits 7,205 6,851
Trading liabilities 423 509
Short-term financial liabilities:    
Federal funds purchased 624 302
Securities sold under agreements to repurchase 1,948 1,921
Other short-term borrowings 1,943 326
Total short-term financial liabilities 4,515 2,549
Term borrowings:    
Real estate investment trust-preferred 0 0
Term borrowings—new market tax credit investment 0 0
Secured borrowings 0 0
Junior subordinated debentures 0 0
Other long-term borrowings 847 824
Total term borrowings 847 824
Derivative liabilities 785 666
Total liabilities 13,775 11,399
Estimate of Fair Value Measurement | Fair Value, Inputs, Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 60,362 58,851
Short-term financial assets:    
Interest-bearing deposits with banks 0 0
Federal funds sold 0 0
Securities purchased under agreements to resell 0 0
Total short-term financial assets 0 0
Trading securities 16 13
Loans held for sale: 42 54
Securities available for sale at fair value 0 0
Securities held to maturity 0 0
Derivative assets 0 0
Other assets:    
Tax credit investments 656 653
Deferred compensation mutual funds 0 0
Equity, mutual funds, and other 289 227
Total other assets 945 880
Total assets 61,365 59,798
Liabilities:    
Defined maturity deposits 0 0
Trading liabilities 0 0
Short-term financial liabilities:    
Federal funds purchased 0 0
Securities sold under agreements to repurchase 0 0
Other short-term borrowings 0 0
Total short-term financial liabilities 0 0
Term borrowings:    
Real estate investment trust-preferred 47 47
Term borrowings—new market tax credit investment 78 60
Secured borrowings 9 3
Junior subordinated debentures 150 150
Other long-term borrowings 0 0
Total term borrowings 284 260
Derivative liabilities 18 23
Total liabilities 302 283
Estimate of Fair Value Measurement | Commercial, financial and industrial    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 32,427 31,673
Estimate of Fair Value Measurement | Commercial, financial and industrial | Fair Value, Inputs, Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Estimate of Fair Value Measurement | Commercial, financial and industrial | Fair Value, Inputs, Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Estimate of Fair Value Measurement | Commercial, financial and industrial | Fair Value, Inputs, Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 32,427 31,673
Estimate of Fair Value Measurement | Commercial Real Estate    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 14,214 13,831
Estimate of Fair Value Measurement | Commercial Real Estate | Fair Value, Inputs, Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Estimate of Fair Value Measurement | Commercial Real Estate | Fair Value, Inputs, Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Estimate of Fair Value Measurement | Commercial Real Estate | Fair Value, Inputs, Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 14,214 13,831
Estimate of Fair Value Measurement | Consumer Real Estate    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 13,004 12,605
Estimate of Fair Value Measurement | Consumer Real Estate | Fair Value, Inputs, Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Estimate of Fair Value Measurement | Consumer Real Estate | Fair Value, Inputs, Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Estimate of Fair Value Measurement | Consumer Real Estate | Fair Value, Inputs, Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 13,004 12,605
Estimate of Fair Value Measurement | Credit card and other    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 717 742
Estimate of Fair Value Measurement | Credit card and other | Fair Value, Inputs, Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Estimate of Fair Value Measurement | Credit card and other | Fair Value, Inputs, Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 0 0
Estimate of Fair Value Measurement | Credit card and other | Fair Value, Inputs, Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Net loans and leases 717 742
Estimate of Fair Value Measurement | Mortgage loans (elected fair value)    
Short-term financial assets:    
Loans held for sale: 117 68
Estimate of Fair Value Measurement | Mortgage loans (elected fair value) | Fair Value, Inputs, Level 1    
Short-term financial assets:    
Loans held for sale: 0 0
Estimate of Fair Value Measurement | Mortgage loans (elected fair value) | Fair Value, Inputs, Level 2    
Short-term financial assets:    
Loans held for sale: 102 42
Estimate of Fair Value Measurement | Mortgage loans (elected fair value) | Fair Value, Inputs, Level 3    
Short-term financial assets:    
Loans held for sale: 15 26
Estimate of Fair Value Measurement | USDA & SBA loans - LOCOM    
Short-term financial assets:    
Loans held for sale: 327 407
Estimate of Fair Value Measurement | USDA & SBA loans - LOCOM | Fair Value, Inputs, Level 1    
Short-term financial assets:    
Loans held for sale: 0 0
Estimate of Fair Value Measurement | USDA & SBA loans - LOCOM | Fair Value, Inputs, Level 2    
Short-term financial assets:    
Loans held for sale: 327 407
Estimate of Fair Value Measurement | USDA & SBA loans - LOCOM | Fair Value, Inputs, Level 3    
Short-term financial assets:    
Loans held for sale: 0 0
Estimate of Fair Value Measurement | Mortgage loans - LOCOM    
Short-term financial assets:    
Loans held for sale: 27 28
Estimate of Fair Value Measurement | Mortgage loans - LOCOM | Fair Value, Inputs, Level 1    
Short-term financial assets:    
Loans held for sale: 0 0
Estimate of Fair Value Measurement | Mortgage loans - LOCOM | Fair Value, Inputs, Level 2    
Short-term financial assets:    
Loans held for sale: 0 0
Estimate of Fair Value Measurement | Mortgage loans - LOCOM | Fair Value, Inputs, Level 3    
Short-term financial assets:    
Loans held for sale: 27 28
Contractual Amount    
Unfunded Commitments [Abstract]    
Loan commitments 21,990 24,579
Standby and other commitments $ 752 $ 746