Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

The following table presents the condensed income statement by segment:


dollars in millions	Three Months Ended March 31, 2023
	General Banking		Commercial Banking		Silicon Valley Banking		Rail		Corporate		Total BancShares
Net interest income (expense)	$	560	$	240	$	65	$	(28)	$	13	$	850
Provision for credit losses	14		49		—		—		720		783
Net interest income (expense) after provision for credit losses	546		191		65		(28)		(707)		67
Noninterest income	116		143		14		177		9,809		10,259
Noninterest expense	395		211		33		120		96		855
Income before income taxes	267		123		46		29		9,006		9,471
Income tax expense (benefit)	65		29		11		7		(159)		(47)
Net income	$	202	$	94	$	35	$	22	$	9,165	$	9,518
Select Period End Balances
Loans and leases	$	43,353	$	28,684	$	66,171	$	80	$	—	$	138,288
Deposits	85,982		3,045		49,259		14		1,750		140,050
Operating lease equipment, net	—		719		—		7,612		—		8,331

	Three Months Ended March 31, 2022
	General Banking		Commercial Banking		Silicon Valley Banking		Rail		Corporate		Total BancShares
Net interest income (expense)	$	437	$	207	$	—	$	(19)	$	24	$	649
(Benefit) provision for credit losses	(15)		(34)		—		—		513		464
Net interest income (expense) after benefit for credit losses	452		241		—		(19)		(489)		185
Noninterest income	123		112		—		162		453		850
Noninterest expense	409		191		—		100		110		810
Income (loss) before income taxes	166		162		—		43		(146)		225
Income tax expense (benefit)	40		41		—		11		(138)		(46)
Net income (loss)	$	126	$	121	$	—	$	32	$	(8)	$	271
Select Period End Balances
Loans and leases	$	38,528	$	26,922	$	—	$	67	$	7	$	65,524
Deposits	85,458		4,698		—		13		1,428		91,597
Operating lease equipment, net	—		721		—		7,251		—		7,972