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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
ASSETS:    
Cash and due from banks $ 1,067 $ 1,171
Interest-bearing cash and due from banks 689 2,105
Interest-bearing deposits in banks 363 370
Securities available for sale, at fair value 18,197 18,656
Securities held to maturity (fair value of $5,386 and $5,193, respectively) 5,285 5,148
Other investment securities, at fair value 50 33
Other investment securities, at cost 822 867
Loans held for sale, at fair value 369 256
Other loans held for sale 51 25
Loans and leases 97,431 93,410
Less: Allowance for loan and lease losses 1,201 1,195
Net loans and leases 96,230 92,215
Derivative assets (related party balances of $105 and $1, respectively) 838 629
Premises and equipment, net 560 595
Bank-owned life insurance 1,553 1,527
Goodwill 6,876 6,876
Other assets (related party balances of $2 and $7, respectively) 2,497 2,384
TOTAL ASSETS 135,447 132,857
LIABILITIES:    
Noninterest-bearing 27,373 26,086
Interest-bearing (related party balances of $5 and $5, respectively) 74,493 69,621
Total deposits 101,866 95,707
Federal funds purchased and securities sold under agreements to repurchase 1,293 4,276
Other short-term borrowed funds 5,861 6,253
Derivative liabilities (related party balances of $275 and $387, respectively) 641 612
Deferred taxes, net 637 493
Long-term borrowed funds (related party balances of $2,000 and $2,000, respectively) 4,153 4,642
Other liabilities (related party balances of $30 and $30, respectively) 1,396 1,606
TOTAL LIABILITIES $ 115,847 $ 113,589
Contingencies (refer to Note 13)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $25.00 par value, authorized 100,000,000 shares: 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 September 30, 2015, and no shares outstanding at December 31, 2014 $ 247 $ 0
Common stock: $0.01 par value, 1,000,000,000 shares authorized, 562,941,263 shares issued and 527,636,510 shares outstanding at September 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 18,718 18,676
Retained earnings 1,745 1,294
Treasury Stock, at cost, 35,304,753 and 14,378,119 shares at September 30, 2015 and December 31, 2014, respectively (857) (336)
Accumulated other comprehensive loss (259) (372)
TOTAL STOCKHOLDERS’ EQUITY 19,600 19,268
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 135,447 $ 132,857