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Consolidated Balance Sheet - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 5,249,000,000 $ 4,879,000,000
Interest-earning deposits with banks 28,595,000,000 25,711,000,000
Loans held for sale (a) [1] 2,655,000,000 2,504,000,000
Investment securities – available for sale 57,618,000,000 60,104,000,000
Investment securities – held to maturity 18,513,000,000 15,843,000,000
Loans (a) [1] 220,458,000,000 210,833,000,000
Allowance for loan and lease losses (2,611,000,000) (2,589,000,000)
Net loans 217,847,000,000 208,244,000,000
Equity investments 11,392,000,000 10,728,000,000
Mortgage servicing rights 1,832,000,000 1,758,000,000
Goodwill 9,173,000,000 9,103,000,000
Other (a) [1] 27,894,000,000 27,506,000,000
Total assets 380,768,000,000 366,380,000,000
Deposits    
Noninterest-bearing 79,864,000,000 80,230,000,000
Interest-bearing 185,189,000,000 176,934,000,000
Total deposits 265,053,000,000 257,164,000,000
Borrowed funds    
Federal Home Loan Bank borrowings 21,037,000,000 17,549,000,000
Bank notes and senior debt 28,062,000,000 22,972,000,000
Subordinated debt 5,200,000,000 8,009,000,000
Other (b) [2] 4,789,000,000 4,176,000,000
Total borrowed funds 59,088,000,000 52,706,000,000
Allowance for unfunded loan commitments and letters of credit 297,000,000 301,000,000
Accrued expenses and other liabilities 8,745,000,000 9,355,000,000
Total liabilities 333,183,000,000 319,526,000,000
Equity    
Preferred stock (c) [3]
Common stock ($5 par value, Authorized 800 shares, issued 542 shares) 2,710,000,000 2,709,000,000
Capital surplus 16,374,000,000 16,651,000,000
Retained earnings 35,481,000,000 31,670,000,000
Accumulated other comprehensive income (loss) (148,000,000) (265,000,000)
Common stock held in treasury at cost: 69 and 57 shares (6,904,000,000) (5,066,000,000)
Total shareholders’ equity 47,513,000,000 45,699,000,000
Noncontrolling interests 72,000,000 1,155,000,000
Total equity 47,585,000,000 46,854,000,000
Total liabilities and equity $ 380,768,000,000 $ 366,380,000,000
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $1.7 billion, Loans of $.9 billion, and Other assets of $.3 billion at December 31, 2017 and Loans held for sale of $2.4 billion, Loans of $.9 billion, and Other assets of $.5 billion at December 31, 2016.
[2] Our consolidated liabilities included Other borrowed funds of $.1 billion at both December 31, 2017 and December 31, 2016, for which we have elected the fair value option.
[3] Par value less than $.5 million at each date.