- Definition

The price input is a significant unobservable input for certain fixed income instruments. For these instruments, the price input is expressed as a percentage of the notional amount, with a price of $100 meaning that the instrument is valued at par. For most of these instruments, the price varies between zero to $100, or slightly above $100. Relatively illiquid assets that have experienced significant losses since issuance, such as certain asset-backed securities, are at the lower end of the range, whereas most investment grade corporate bonds will fall in the middle to the higher end of the range. For certain structured debt instruments with embedded derivatives, the price input may be above $100 to reflect the embedded features of the instrument (for example, a step-up coupon or a conversion option). The price input is also a significant unobservable input for certain equity securities; however, the range of price inputs varies depending on the nature of the position, the number of shares outstanding and other factors. Because of these factors, the weighted average price input for equity securities does not provide insight regarding the central tendencies of the ranges for equity securities, as equity prices are generally independent of one another and are not subject to a common measurement scale (for example, the zero to $100 range applicable to debt instruments). Prices for loan-held-for-sale and other real estate owned are based on appraised values.

+ References+ Details

FAIR VALUE MEASUREMENT (Details 5) (Nonrecurring, Level 3, USD $)																			12 Months Ended														6 Months Ended				12 Months Ended
	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2013 Other real estate owned Price-based	Dec. 31, 2012 Other real estate owned Price-based	Jun. 30, 2013 Other real estate owned Price-based Minimum	Dec. 31, 2012 Other real estate owned Price-based Minimum	Jun. 30, 2013 Other real estate owned Price-based Maximum	Dec. 31, 2012 Other real estate owned Price-based Maximum	Jun. 30, 2013 Other real estate owned Price-based Weighted Average	Jun. 30, 2013 Loans held-for-sale Price-based	Dec. 31, 2012 Loans held-for-sale Price-based	Jun. 30, 2013 Loans held-for-sale Price-based Minimum	Dec. 31, 2012 Loans held-for-sale Price-based Minimum	Jun. 30, 2013 Loans held-for-sale Price-based Maximum	Dec. 31, 2012 Loans held-for-sale Price-based Maximum	Jun. 30, 2013 Loans held-for-sale Price-based Weighted Average	Dec. 31, 2012 Loans held-for-sale Recovery analysis	Dec. 31, 2012 Loans held-for-sale External model	Dec. 31, 2012 Loans held-for-sale External model Minimum	Dec. 31, 2012 Loans held-for-sale External model Maximum	Jun. 30, 2013 Loans Price-based	Dec. 31, 2012 Loans Price-based	Jun. 30, 2013 Loans Price-based Minimum	Dec. 31, 2012 Loans Price-based Minimum	Jun. 30, 2013 Loans Price-based Maximum	Dec. 31, 2012 Loans Price-based Maximum	Jun. 30, 2013 Loans Price-based Weighted Average	Jun. 30, 2013 Loans Model-based	Jun. 30, 2013 Loans Model-based Minimum	Jun. 30, 2013 Loans Model-based Maximum	Jun. 30, 2013 Loans Model-based Weighted Average	Jun. 30, 2013 Loans Recovery analysis	Jun. 30, 2013 Loans Recovery analysis Minimum	Jun. 30, 2013 Loans Recovery analysis Maximum	Jun. 30, 2013 Loans Recovery analysis Weighted Average	Dec. 31, 2012 Loans Internal model	Dec. 31, 2012 Loans Internal model Minimum	Dec. 31, 2012 Loans Internal model Maximum
Fair Value Inputs Assets Liabilities Quantitative Information
Fair value of assets as of the balance sheet date	$ 1,638,000,000	$ 2,239,000,000	$ 136,000,000	$ 165,000,000						$ 800,000,000	$ 747,000,000						$ 174,000,000	$ 485,000,000			$ 381,000,000	$ 351,000,000						$ 131,000,000				$ 77,000,000				$ 111,000,000
Price					54.63	39,774.00	100.00	15,457,452.00	98.05			35.00	63.42	100.00	100.00	93.00																					6,272,242	86,200,000
Credit spread (as a percent)																			0.40%	0.40%
Discount to price (as a percent)					24.00%	11.00%	57.00%	50.00%	35.39%			11.00%		24.00%		20.00%								25.00%		34.00%			24.00%	34.00%	31.55%
Appraised Value					$ 0.00		$ 5,000,000		$ 472,023														$ 433,649		$ 133,074,154		$ 58,648,490
Discount rate																																					6.00%	16.49%
Recovery rate (as a percent)																																	45.00%	65.00%	53.80%