BUSINESS SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

The following table presents the condensed income statements by segment:


dollars in millions	Three Months Ended March 31, 2024
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	691	$	270	$	546	$	(43)	$	353	$	1,817
Provision for credit losses	28		14		22		—		—		64
Net interest income (expense) after provision for credit losses	663		256		524		(43)		353		1,753
Noninterest income	145		136		137		202		7		627
Noninterest expense	520		228		384		115		129		1,376
Income before income taxes	288		164		277		44		231		1,004
Income tax expense	78		42		75		11		67		273
Net income	$	210	$	122	$	202	$	33	$	164	$	731
Select Period End Balances

Loans and leases	$	63,732	$	31,730	$	39,846	$	62	$	—	$	135,370
Operating lease equipment, net	—		763		—		8,048		—		8,811
Deposits	71,150		3,023		34,014		14		41,408		149,609

	Three Months Ended March 31, 2023
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	549	$	238	$	37	$	(28)	$	54	$	850
Provision for credit losses	10		53		—		—		720		783
Net interest income (expense) after provision for credit losses	539		185		37		(28)		(666)		67
Noninterest income	118		143		9		177		9,812		10,259
Noninterest expense	398		210		23		120		104		855
Income before income taxes	259		118		23		29		9,042		9,471
Income tax expense (benefit)	60		30		5		7		(149)		(47)
Net income	$	199	$	88	$	18	$	22	$	9,191	$	9,518
Select Period End Balances

Loans and leases	$	58,101	$	28,405	$	51,702	$	80	$	—	$	138,288
Operating lease equipment, net	—		719		—		7,612		—		8,331
Deposits	71,117		3,042		45,328		14		20,549		140,050