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Commitments, Contingencies, and Concentrations of Credit Risk (Tables)
12 Months Ended
Dec. 31, 2012
Commitments and Contingencies Disclosure [Abstract]  
Outstanding loan commitments

 

($ in millions)            
             
Type of Commitment  Fixed Rate   Variable Rate   Total 
Outstanding closed-end loan commitments  $66    258    324 
Unfunded commitments on revolving lines of credit,
  credit cards and home equity loans
   33    184    217 
     Total  $99    442    541 

 

 

Maximum credit risk

 

($ in thousands)

Issuer

  Amortized Cost   Fair Value 
Ginnie Mae - mortgage-backed securities  $83,950    86,353 
Small Business Administration   55,034    55,710 
Federal Home Loan Bank System - bonds   9,000    9,088 
Federal Home Loan Bank of Atlanta  - common stock   4,934    4,934 
Craven County, North Carolina municipal bond   3,643    4,029 
First Citizens Bancorp (South Carolina) – bond / trust preferred securities   3,998    3,813 
Fannie Mae - mortgage-backed securities and collateralized mortgage obligations   3,701    3,987 
Spartanburg, South Carolina Sanitary Sewer District municipal bond   3,293    3,662 
Richmond County, North Carolina municipal bond   2,608    2,860 
Federal Farm Credit bonds   2,500    2,508 
South Carolina State municipal bond   2,133    2,384 
Virginia State Housing Authority municipal bond   2,162    2,371