XML 29 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
ASSETS:    
Cash and due from banks $ 1,099 $ 1,171
Interest-bearing cash and due from banks 1,986 2,105
Interest-bearing deposits in banks 356 370
Securities available for sale, at fair value (including $4,283 and $7,181 pledged to creditors, respectively) [1] 17,884 18,656
Securities held to maturity (including $135 and $40 pledged to creditors, respectively, and fair value of $5,297 and $5,193, respectively) [1] 5,258 5,148
Other investment securities, at fair value 70 33
Other investment securities, at cost 863 867
Loans held for sale, at fair value 325 256
Other loans held for sale 40 25
Loans and leases 99,042 93,410
Less: Allowance for loan and lease losses 1,216 1,195
Net loans and leases 97,826 92,215
Derivative assets (related party balances of $52 and $1, respectively) 625 629
Premises and equipment, net 595 595
Bank-owned life insurance 1,564 1,527
Goodwill 6,876 6,876
Other assets (related party balances of $7 and $7, respectively) 2,841 2,384
TOTAL ASSETS 138,208 132,857
LIABILITIES:    
Noninterest-bearing 27,649 26,086
Interest-bearing (related party balances of $2 and $5, respectively) 74,890 69,621
Total deposits 102,539 95,707
Federal funds purchased and securities sold under agreements to repurchase 802 4,276
Other short-term borrowed funds 2,630 6,253
Derivative liabilities (related party balances of $212 and $387, respectively) 485 612
Deferred taxes, net 730 493
Long-term borrowed funds (related party balances of $1,250 and $2,000, respectively) 9,886 4,642
Other liabilities (related party balances of $15 and $30, respectively) 1,490 1,606
TOTAL LIABILITIES $ 118,562 $ 113,589
Contingencies (refer to Note 17)
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 December 31, 2015, and no shares outstanding at December 31, 2014 $ 247 $ 0
Common stock: $0.01 par value, 1,000,000,000 shares authorized, 563,117,415 shares issued and 527,774,428 shares outstanding at December 31, 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 18,725 18,676
Retained earnings 1,913 1,294
Treasury Stock, at cost, 35,342,987 and 14,378,119 shares at December 31, 2015 and December 31, 2014, respectively (858) (336)
Accumulated other comprehensive loss (387) (372)
TOTAL STOCKHOLDERS’ EQUITY 19,646 19,268
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 138,208 $ 132,857
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.