Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Segment Reporting Information, by Segment

The following table presents the condensed income statements and select period end balances for each segment.


dollars in millions	Year Ended December 31, 2022
	General Banking		Commercial Banking		Rail		Corporate		Total BancShares
Net interest income (expense)	$	1,942	$	889	$	(80)	$	195	$	2,946
Provision for credit losses	11		121		—		513		645
Net interest income (expense) after provision for credit losses	1,931		768		(80)		(318)		2,301
Noninterest income	472		521		657		486		2,136
Noninterest expense	1,570		746		428		331		3,075
Income (loss) before income taxes	833		543		149		(163)		1,362
Income tax expense (benefit)	204		128		37		(105)		264
Net income (loss)	$	629	$	415	$	112	$	(58)	$	1,098
Select Period End Balances

Loans and leases	$	42,930	$	27,773	$	78	$	—	$	70,781
Deposits	84,361		3,225		15		1,807		89,408
Operating lease equipment, net	—		723		7,433		—		8,156

	Year Ended December 31, 2021
	General Banking		Commercial Banking		Rail		Corporate		Total BancShares
Net interest income (expense)	$	1,447	$	17	$	—	$	(74)	$	1,390
Benefit for credit losses	(37)		—		—		—		(37)
Net interest income (expense) after benefit for credit losses	1,484		17		—		(74)		1,427
Noninterest income	433		—		—		75		508
Noninterest expense	1,179		3		—		52		1,234
Income (loss) before income taxes	738		14		—		(51)		701
Income tax expense (benefit)	162		3		—		(11)		154
Net income (loss)	$	576	$	11	$	—	$	(40)	$	547
Select Period End Balances

Loans and leases	$	31,820	$	552	$	—	$	—	$	32,372
Deposits	51,344		62		—		—		51,406


	Year Ended December 31, 2020
	General Banking		Commercial Banking		Rail		Corporate		Total BancShares
Net interest income (expense)	$	1,391	$	15	$	—	$	(18)	$	1,388
Provision for credit losses	58		—		—		—		58
Net interest income (expense) after provision for credit losses	1,333		15		—		(18)		1,330
Noninterest income	379		—		—		98		477
Noninterest expense	1,146		3		—		40		1,189
Income before income taxes	566		12		—		40		618
Income tax expense	116		2		—		8		126
Net income	$	450	$	10	$	—	$	32	$	492
Select Period End Balances

Loans and leases	$	32,235	$	554	$	—	$	3	$	32,792
Deposits	43,391		40		—		1		43,432