XML 138 R123.htm IDEA: XBRL DOCUMENT v3.22.1
Fair Value - Schedule of Carrying Values and Estimated Fair Values for Financial Instruments (Details) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Financial Assets    
Investment securities held to maturity $ 10,074 $ 3,809
Investment in marketable equity securities 100 98
Fair value of derivative financial instruments 110 0
Financial Liabilities    
Fair value of derivative financial instruments 204 0
Reported Value Measurement    
Financial Assets    
Cash and due from banks 523 338
Interest-earning deposits at banks 9,285 9,115
Investment securities available for sale 9,295 9,203
Investment securities held to maturity 10,074 3,809
Investment in marketable equity securities 100 98
Loans held for sale 81 99
Net loans 62,489 32,193
Income earned not collected 247 134
Federal Home Loan Bank stock 39 40
Mortgage and other servicing rights 28 23
Fair value of derivative financial instruments 110  
Financial Liabilities    
Deposits 91,597  
Securities sold under customer repurchase agreements 616 589
Long-term borrowings 2,672 1,195
Credit balances of factoring clients 1,150  
Accrued interest payable 24 8
Fair value of derivative financial instruments 204  
Deposits with no stated maturity   48,925
Time deposits   2,481
Estimate of Fair Value Measurement    
Financial Assets    
Cash and due from banks 523 338
Interest-earning deposits at banks 9,285 9,115
Investment securities available for sale 9,295 9,203
Investment securities held to maturity 9,457 3,759
Investment in marketable equity securities 100 98
Loans held for sale 81 99
Net loans 61,331 31,890
Income earned not collected 247 134
Federal Home Loan Bank stock 39 40
Mortgage and other servicing rights 35 23
Fair value of derivative financial instruments 110  
Financial Liabilities    
Deposits 91,572  
Securities sold under customer repurchase agreements 616 589
Long-term borrowings 2,621 1,222
Credit balances of factoring clients 1,150  
Accrued interest payable 24 8
Fair value of derivative financial instruments 204  
Deposits with no stated maturity   48,925
Time deposits   2,471
Estimate of Fair Value Measurement | Level 1    
Financial Assets    
Cash and due from banks 523 338
Interest-earning deposits at banks 9,285 9,115
Investment securities available for sale 0 0
Investment securities held to maturity 0 0
Investment in marketable equity securities 33 34
Loans held for sale 0 0
Net loans 0 0
Income earned not collected 0 0
Federal Home Loan Bank stock 0 0
Mortgage and other servicing rights 0 0
Fair value of derivative financial instruments 0  
Financial Liabilities    
Deposits 0  
Securities sold under customer repurchase agreements 0 0
Long-term borrowings 0 0
Credit balances of factoring clients 0  
Accrued interest payable 0 0
Fair value of derivative financial instruments 0  
Deposits with no stated maturity   0
Time deposits   0
Estimate of Fair Value Measurement | Level 2    
Financial Assets    
Cash and due from banks 0 0
Interest-earning deposits at banks 0 0
Investment securities available for sale 9,109 8,996
Investment securities held to maturity 9,457 3,759
Investment in marketable equity securities 67 64
Loans held for sale 65 99
Net loans 1,574 0
Income earned not collected 247 134
Federal Home Loan Bank stock 39 40
Mortgage and other servicing rights 0 0
Fair value of derivative financial instruments 109  
Financial Liabilities    
Deposits 91,572  
Securities sold under customer repurchase agreements 616 589
Long-term borrowings 2,606 1,222
Credit balances of factoring clients 0  
Accrued interest payable 24 8
Fair value of derivative financial instruments 203  
Deposits with no stated maturity   48,925
Time deposits   2,471
Estimate of Fair Value Measurement | Level 3    
Financial Assets    
Cash and due from banks 0 0
Interest-earning deposits at banks 0 0
Investment securities available for sale 186 207
Investment securities held to maturity 0 0
Investment in marketable equity securities 0 0
Loans held for sale 16 0
Net loans 59,757 31,890
Income earned not collected 0 0
Federal Home Loan Bank stock 0 0
Mortgage and other servicing rights 35 23
Fair value of derivative financial instruments 1  
Financial Liabilities    
Deposits 0  
Securities sold under customer repurchase agreements 0 0
Long-term borrowings 15 0
Credit balances of factoring clients 1,150  
Accrued interest payable 0 0
Fair value of derivative financial instruments $ 1  
Deposits with no stated maturity   0
Time deposits   $ 0