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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest Income      
Loans and leases, including fees $ 886 $ 990 $ 1,085
Securities:      
Taxable 86 106 126
Tax-exempt 29 32 32
Other 4 2 4
Total Interest Income 1,005 1,130 1,247
Interest Expense      
Deposits 47 133 217
Short-term borrowings 27 38 80
Long-term borrowings 24 37 33
Total Interest Expense 98 208 330
Net Interest Income 907 922 917
Provision (benefit) for credit losses 1 123 44
Net Interest Income After Provision for Credit Losses 906 799 873
Non-Interest Income      
Service charges 122 108 124
Trust services 37 31 28
Insurance commissions and fees 25 24 20
Securities commissions and fees 22 17 17
Capital markets income 37 39 33
Mortgage banking operations 37 50 32
Dividends on non-marketable equity securities 9 14 19
Bank owned life insurance 15 14 12
Loss on debt extinguishment 0 (17) 0
Other 26 14 9
Total Non-Interest Income 330 294 294
Non-Interest Expense      
Salaries and employee benefits 418 406 375
Net occupancy 58 71 59
Equipment 70 66 62
Amortization of intangibles 12 13 14
Outside services 71 69 64
Marketing 14 13 13
FDIC insurance 18 20 23
Bank shares and franchise taxes 13 14 12
Merger-related 2 0 0
Other 57 78 74
Total Non-Interest Expense 733 750 696
Income Before Income Taxes 503 343 471
Income taxes 98 57 84
Net Income 405 286 387
Preferred stock dividends 8 8 8
Net Income Available to Common Stockholders 397 278 379
Net Income Available to Common Stockholders $ 397 $ 278 $ 379
Earnings per Common Share      
Basic (USD per share) $ 1.24 $ 0.86 $ 1.17
Diluted (USD per share) $ 1.23 $ 0.85 $ 1.16