BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Summary of Short-Term Borrowings

Following is a summary of short-term borrowings:

TABLE 8.1

(in millions)	March 31, 2019		December 31, 2018
Securities sold under repurchase agreements	$	239	$	251
Federal Home Loan Bank advances	1,805		2,230
Federal funds purchased	1,957		1,535
Subordinated notes	110		113
Total short-term borrowings	$	4,111	$	4,129

Summary of Long-Term Borrowings

Following is a summary of long-term borrowings:

TABLE 8.2

(in millions)	March 31, 2019		December 31, 2018
Federal Home Loan Bank advances	$	235	$	270
Subordinated notes	88		87
Junior subordinated debt	101		111
Other subordinated debt	249		159
Total long-term borrowings	$	673	$	627

Junior Subordinated Debt Trusts

The following table provides information relating to the Trusts as of March 31, 2019:

TABLE 8.3

(dollars in millions)	Trust Preferred Securities		Common Securities		Junior Subordinated Debt		Stated Maturity Date	Interest Rate		Rate Reset Factor
F.N.B. Statutory Trust II	$	22	$	1	$	22	6/15/2036	4.26	%	LIBOR + 165 basis points (bps)
Omega Financial Capital Trust I	26		1		27		10/18/2034	4.97	%	LIBOR + 219 bps
Yadkin Valley Statutory Trust I	25		1		21		12/15/2037	3.93	%	LIBOR + 132 bps
FNB Financial Services Capital Trust I	25		1		22		9/30/2035	4.05	%	LIBOR + 146 bps
Crescent Financial Capital Trust I	8		—		9		10/7/2033	5.89	%	LIBOR + 310 bps
Total	$	106	$	4	$	101