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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
INTEREST INCOME:        
Interest and fees on loans and leases (related party balances of $17, $18, $53 and $54, respectively) $ 812 $ 754 $ 2,381 $ 2,235
Interest and fees on loans held for sale, at fair value 3 2 8 4
Interest and fees on other loans held for sale 3 0 7 22
Investment securities 154 155 468 458
Interest-bearing deposits in banks 2 2 4 4
Total interest income 974 913 2,868 2,723
INTEREST EXPENSE:        
Deposits 65 41 177 108
Deposits held for sale 0 0 0 4
Federal funds purchased and securities sold under agreements to repurchase (related party balances of $1, $3, $6 and $16, respectively) 4 9 13 25
Other short-term borrowed funds (related party balances of $13, $16, $38 and $60, respectively) 17 21 51 70
Long-term borrowed funds (related party balances of $19, $17, $59 and $42, respectively) 32 22 95 55
Total interest expense 118 93 336 262
Net interest income 856 820 2,532 2,461
Provision for credit losses 76 77 211 247
Net interest income after provision for credit losses 780 743 2,321 2,214
NONINTEREST INCOME:        
Service charges and fees (related party balances of $0, $1, $2 and $4, respectively) 145 144 419 430
Card fees 60 58 172 175
Trust and investment services fees 41 39 118 120
Mortgage banking fees 18 21 81 55
Capital markets fees (related party balances of $2, $4, $8 and $9, respectively) 21 22 73 66
Foreign exchange and trade finance fees (related party balances of $5, $59, $21 and $52, respectively) 22 26 67 70
Bank-owned life insurance income 14 13 40 36
Securities gains, net 2 2 19 27
Net impairment losses recognized in earnings (2) (1) (5) (7)
Other income (related party balances of ($75), $5, ($125) and ($130), respectively) 32 17 76 367
Total noninterest income 353 341 1,060 1,339
NONINTEREST EXPENSE:        
Salaries and employee benefits 404 409 1,234 1,281
Outside services (related party balances of $3, $3, $8 and $19, respectively) 89 106 267 314
Occupancy (related party balances of $0, $0, $1 and $0, respectively) 75 77 245 245
Equipment expense 62 58 190 187
Amortization of software 35 38 108 102
Other operating expense 133 122 405 439
Total noninterest expense 798 810 2,449 2,568
Income before income tax expense 335 274 932 985
Income tax expense 115 85 313 317
NET INCOME 220 189 619 668
Net income available to common stockholders $ 213 $ 189 $ 612 $ 668
Weighted-average common shares outstanding:        
Basic (in Shares) 530,985,255 559,998,324 538,279,222 559,998,324
Diluted (in Shares) 533,398,158 560,243,747 540,926,361 560,081,031
Per common share information:        
Basic earnings (in Dollars per Share) $ 0.40 $ 0.34 $ 1.14 $ 1.19
Diluted earnings (in Dollars per Share) 0.40 0.34 1.13 1.19
Dividends declared and paid (in Dollars per Share) $ 0.10 $ 0.68 $ 0.30 $ 1.34