BUSINESS SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2024

The following table presents the condensed income statements by segment:


dollars in millions	Three Months Ended September 30, 2024
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	768	$	274	$	583	$	(48)	$	219	$	1,796
Provision for credit losses	38		29		50		—		—		117
Net interest income (expense) after provision for credit losses	730		245		533		(48)		219		1,679
Noninterest income	149		133		139		207		22		650
Noninterest expense	517		227		393		130		189		1,456
Income before income taxes	362		151		279		29		52		873
Income tax expense	99		41		75		8		11		234
Net income	$	263	$	110	$	204	$	21	$	41	$	639
Select Period End Balances

Loans and leases	$	66,092	$	32,689	$	39,852	$	62	$	—	$	138,695
Operating lease equipment, net	—		767		—		8,419		—		9,186
Deposits	72,169		2,754		35,945		14		40,692		151,574

	Three Months Ended September 30, 2023
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	681	$	249	$	537	$	(40)	$	563	$	1,990
Provision (benefit) for credit losses	24		132		39		—		(3)		192
Net interest income (expense) after provision for credit losses	657		117		498		(40)		566		1,798
Noninterest income	135		139		141		194		6		615
Noninterest expense	482		205		413		116		200		1,416
Income before income taxes	310		51		226		38		372		997
Income tax expense	85		14		61		10		75		245
Net income	$	225	$	37	$	165	$	28	$	297	$	752
Select Period End Balances

Loans and leases	$	61,035	$	30,220	$	41,906	$	41	$	—	$	133,202
Operating lease equipment, net	—		739		—		7,922		—		8,661
Deposits	69,108		3,370		36,236		12		37,507		146,233


dollars in millions	Nine Months Ended September 30, 2024
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	2,197	$	823	$	1,706	$	(136)	$	844	$	5,434
Provision for credit losses	121		65		90		—		—		276
Net interest income (expense) after provision for credit losses	2,076		758		1,616		(136)		844		5,158
Noninterest income	446		400		415		612		43		1,916
Noninterest expense	1,534		676		1,164		374		470		4,218
Income before income taxes	988		482		867		102		417		2,856
Income tax expense	270		127		235		27		120		779
Net income	$	718	$	355	$	632	$	75	$	297	$	2,077






	Nine Months Ended September 30, 2023
	General Bank		Commercial Bank		SVB Commercial		Rail		Corporate		Total BancShares
Net interest income (expense)	$	1,889	$	744	$	1,128	$	(101)	$	1,141	$	4,801
Provision for credit losses	40		353		17		—		716		1,126
Net interest income (expense) after provision for credit losses	1,849		391		1,111		(101)		425		3,675
Noninterest income	388		420		295		549		9,880		11,532
Noninterest expense	1,349		615		900		357		622		3,843
Income before income taxes	888		196		506		91		9,683		11,364
Income tax expense (benefit)	222		55		136		23		(24)		412
Net income	$	666	$	141	$	370	$	68	$	9,707	$	10,952