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Consolidated Statements of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest Income        
Interest and fees on loans and leases $ 1,411 $ 1,492 $ 4,262 $ 4,486
Interest and dividends on securities 221 221 651 685
Interest on other earning assets 7 7 28 20
Total interest income 1,639 1,720 4,941 5,191
Interest Expense        
Interest on deposits 72 105 236 333
Interest on short-term borrowings 1 2 5 5
Interest on long-term debt 149 130 446 472
Total interest expense 222 237 687 810
Net Interest Income 1,417 1,483 4,254 4,381
Provision for credit losses 92 244 532 805
Net Interest Income After Provision for Credit Losses 1,325 1,239 3,722 3,576
Noninterest Income        
Insurance income 355 333 1,146 997
Mortgage banking income 117 211 465 609
Service charges on deposits 152 142 433 417
Investment banking and brokerage fees and commissions 89 90 282 267
Bankcard fees and merchant discounts 67 62 191 175
Checkcard fees 51 48 149 136
Trust and investment advisory revenues 51 46 148 137
Income from bank-owned life insurance 27 30 81 87
FDIC loss share income, net (74) (90) (218) (221)
Other income 70 92 229 208
Securities gains (losses), net        
Realized gains (losses), net 0 1 46 (3)
OTTI charges 0 0 0 (5)
Non-credit portion recognized in OCI 0 (2) 0 (4)
Total securities gains (losses), net 0 (1) 46 (12)
Total noninterest income 905 963 2,952 2,800
Noninterest Expense        
Personnel expense 805 797 2,466 2,302
Occupancy and equipment expense 177 166 518 478
Loan-related expense 70 85 191 210
Foreclosed property expense 14 54 44 218
Regulatory charges 40 40 110 124
Professional services 60 36 143 110
Software expense 39 36 115 100
Amortization of intangibles 26 31 80 82
Merger-related and restructuring charges, net 4 43 36 57
Other expenses 236 241 678 659
Total noninterest expense 1,471 1,529 4,381 4,340
Earnings        
Income (loss) before income taxes 759 673 2,293 2,036
Provision for income taxes 450 177 1,152 557
Net income 309 496 1,141 1,479
Noncontrolling interests 4 2 36 36
Dividends on preferred stock 37 25 80 33
Net income available to common shareholders $ 268 $ 469 $ 1,025 $ 1,410
EPS        
Basic $ 0.38 $ 0.67 $ 1.46 $ 2.02
Diluted $ 0.37 $ 0.66 $ 1.44 $ 1.99
Cash dividends declared $ 0.23 $ 0.20 $ 0.69 $ 0.60
Weighted Average Shares Outstanding        
Basic 704,134 699,091 702,219 698,454
Diluted 716,101 709,875 713,282 708,439