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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest Income      
Loans and leases, including fees $ 1,085 $ 1,022 $ 862
Securities:      
Taxable 126 119 97
Tax-exempt 32 28 20
Other 4 1 1
Total Interest Income 1,247 1,170 980
Interest Expense      
Deposits 217 142 72
Short-term borrowings 80 75 44
Long-term borrowings 33 21 18
Total Interest Expense 330 238 134
Net Interest Income 917 932 846
Provision for credit losses 44 61 61
Net Interest Income After Provision for Credit Losses 873 871 785
Non-Interest Income      
Service charges 124 126 120
Trust services 28 26 23
Insurance commissions and fees 20 18 19
Securities commissions and fees 17 18 15
Capital markets income 33 21 17
Mortgage banking operations 32 22 20
Dividends on non-marketable equity securities 19 16 9
Bank owned life insurance 12 13 12
Net securities gains 0 0 6
Other 9 16 11
Total Non-Interest Income 294 276 252
Non-Interest Expense      
Salaries and employee benefits 375 370 327
Net occupancy 59 60 54
Equipment 62 55 49
Amortization of intangibles 14 16 18
Outside services 64 66 56
FDIC insurance 23 33 33
Bank shares and franchise taxes 12 12 10
Merger-related 0 0 57
Other 87 83 77
Total Non-Interest Expense 696 695 681
Income Before Income Taxes 471 452 356
Income taxes 84 79 157
Net Income 387 373 199
Preferred stock dividends 8 8 8
Net Income Available to Common Stockholders $ 379 $ 365 $ 191
Earnings per Common Share      
Basic (in usd per share) $ 1.17 $ 1.13 $ 0.63
Diluted (in usd per share) $ 1.16 $ 1.12 $ 0.63