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DEPOSITS
12 Months Ended
Dec. 31, 2023
Deposits [Abstract]  
DEPOSITS
NOTE 12 - DEPOSITS
The following table presents the major components of deposits:
December 31,
(dollars in millions)20232022
Demand$37,107 $49,283 
Money market53,812 49,905 
Checking with interest31,876 39,721 
Savings27,983 29,805 
Term26,564 12,010 
Total deposits$177,342 $180,724 
The following table presents the maturity distribution of term deposits by year as of December 31, 2023:
Year
(dollars in millions)
2024$25,529 
2025866 
202674 
202759 
202833 
2029 and thereafter
Total$26,564 
The following table presents the remaining maturities of term deposits with a denomination of $250,000 or more as of December 31, 2023:
(dollars in millions)
Three months or less$2,559 
After three months through six months1,527 
After six months through twelve months1,358 
After twelve months 229 
Total term deposits$5,673