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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
ASSETS:    
Cash and due from banks $ 961 $ 1,171
Interest-bearing cash and due from banks 1,908 2,105
Interest-bearing deposits in banks 186 370
Securities available for sale, at fair value 18,662 18,656
Securities held to maturity (fair value of $5,611 and $5,193, respectively) 5,567 5,148
Other investment securities 866 872
Loans held for sale, at fair value 397 256
Other loans held for sale 300 25
Loans and leases 96,538 93,410
Less: Allowance for loan and lease losses 1,201 1,195
Net loans and leases 95,337 92,215
Derivative assets (related party balances of $36 and $1, respectively) 665 629
Premises and equipment, net 580 595
Bank-owned life insurance 1,543 1,527
Goodwill 6,876 6,876
Due from broker 939 0
Other assets (related party balances of $5 and $7, respectively) 2,464 2,412
TOTAL ASSETS 137,251 132,857
LIABILITIES:    
Noninterest-bearing 26,678 26,086
Interest-bearing (related party balances of $5 and $5, respectively) 73,937 69,621
Total deposits 100,615 95,707
Federal funds purchased and securities sold under agreements to repurchase 3,784 4,276
Other short-term borrowed funds 6,762 6,253
Derivative liabilities (related party balances of $300 and $387, respectively) 556 612
Deferred taxes, net 558 493
Long-term borrowed funds (related party balances of $2,000 and $2,000, respectively) 3,890 4,642
Other liabilities (related party balances of $29 and $30, respectively) 1,500 1,606
TOTAL LIABILITIES $ 117,665 $ 113,589
Contingencies (refer to Note 13)    
STOCKHOLDERS’ EQUITY:    
Series A, non-cumulative perpetual, $25.00 par value (liquidation preference $1,000), 250,000 shares authorized and issued net of issuance costs and related premium at June 30, 2015, and no shares outstanding at December 31, 2014 $ 247 $ 0
$0.01 par value, 1,000,000,000 shares authorized, 562,838,179 shares issued and 537,149,717 shares outstanding at June 30, 2015 and 1,000,000,000 shares authorized, 560,262,638 shares issued and 545,884,519 shares outstanding at December 31, 2014 6 6
Additional paid-in capital 18,714 18,676
Retained earnings 1,585 1,294
Treasury Stock, at cost, 25,688,462 and 14,378,119 shares at June 30, 2015 and December 31, 2014, respectively (607) (336)
Accumulated other comprehensive loss (359) (372)
TOTAL STOCKHOLDERS’ EQUITY 19,586 19,268
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 137,251 $ 132,857