BUSINESS SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2024

The following table presents the condensed income statements by segment:


dollars in millions	Three Months Ended June 30, 2024
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	738	$	279	$	577	$	(45)	$	272	$	1,821
Provision for credit losses	55		22		18		—		—		95
Net interest income (expense) after provision for credit losses	683		257		559		(45)		272		1,726
Noninterest income	152		131		139		203		14		639
Noninterest expense	497		221		387		129		152		1,386
Income before income taxes	338		167		311		29		134		979
Income tax expense	93		44		85		8		42		272
Net income	$	245	$	123	$	226	$	21	$	92	$	707
Select Period End Balances

Loans and leases	$	65,195	$	32,116	$	41,968	$	62	$	—	$	139,341
Operating lease equipment, net	—		767		—		8,178		—		8,945
Deposits	71,479		2,958		35,891		10		40,741		151,079

	Three Months Ended June 30, 2023
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	659	$	258	$	554	$	(33)	$	523	$	1,961
Provision (benefit) for credit losses	5		169		(22)		—		(1)		151
Net interest income (expense) after provision for credit losses	654		89		576		(33)		524		1,810
Noninterest income	135		137		145		178		63		658
Noninterest expense	469		199		464		121		319		1,572
Income before income taxes	320		27		257		24		268		896
Income tax expense	77		11		70		6		50		214
Net income	$	243	$	16	$	187	$	18	$	218	$	682
Select Period End Balances

Loans and leases	$	59,651	$	29,170	$	44,130	$	64	$	—	$	133,015
Operating lease equipment, net	—		741		—		7,790		—		8,531
Deposits	69,863		3,067		37,092		11		31,131		141,164


dollars in millions	Six Months Ended June 30, 2024
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	1,429	$	549	$	1,123	$	(88)	$	625	$	3,638
Provision for credit losses	83		36		40		—		—		159
Net interest income (expense) after provision for credit losses	1,346		513		1,083		(88)		625		3,479
Noninterest income	297		267		276		405		21		1,266
Noninterest expense	1,017		449		771		244		281		2,762
Income before income taxes	626		331		588		73		365		1,983
Income tax expense	171		86		160		19		109		545
Net income	$	455	$	245	$	428	$	54	$	256	$	1,438






	Six Months Ended June 30, 2023
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	1,208	$	496	$	591	$	(61)	$	577	$	2,811
Provision (benefit) for credit losses	15		222		(22)		—		719		934
Net interest income (expense) after provision for credit losses	1,193		274		613		(61)		(142)		1,877
Noninterest income	253		280		154		355		9,875		10,917
Noninterest expense	867		409		487		241		423		2,427
Income before income taxes	579		145		280		53		9,310		10,367
Income tax expense (benefit)	137		41		75		13		(99)		167
Net income	$	442	$	104	$	205	$	40	$	9,409	$	10,200