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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest Income        
Interest and fees on loans and leases $ 1,301 $ 1,411 $ 3,891 $ 4,262
Interest and dividends on securities 232 221 702 651
Interest on other earning assets 8 7 31 28
Total interest income 1,541 1,639 4,624 4,941
Interest Expense        
Interest on deposits 61 72 181 236
Interest on short-term borrowings 1 1 3 5
Interest on long-term debt 130 149 401 446
Total interest expense 192 222 585 687
Net Interest Income 1,349 1,417 4,039 4,254
Provision for credit losses 34 92 168 532
Net Interest Income After Provision for Credit Losses 1,315 1,325 3,871 3,722
Noninterest Income        
Insurance income 385 355 1,234 1,146
Service charges on deposits 156 152 448 433
Mortgage banking income 107 117 267 465
Investment banking and brokerage fees and commissions 95 89 275 282
Bankcard fees and merchant discounts 70 67 202 191
Trust and investment advisory revenues 56 51 165 148
Checkcard fees 52 51 151 149
Income from bank-owned life insurance 28 27 80 81
FDIC loss share income, net (87) (74) (259) (218)
Other income 79 70 220 229
Securities gains (losses), net        
Gross realized gains 0 0 6 46
Gross realized losses (1) 0 (4) 0
OTTI charges 0 0 (23) 0
Non-credit portion recognized in OCI (4) 0 18 0
Total securities gains (losses), net (5) 0 (3) 46
Total noninterest income 936 905 2,780 2,952
Noninterest Expense        
Personnel expense 795 805 2,386 2,466
Occupancy and equipment expense 170 177 514 518
Loan-related expense 84 70 253 191
Professional services 34 60 101 143
Software expense 44 39 129 115
Regulatory charges 23 40 82 110
Outside IT Services 30 24 88 60
Amortization of intangibles 23 26 69 80
Foreclosed property expense 11 14 30 44
Merger-related and restructuring charges, net 7 4 28 36
Loss on early extinguishment of debt 122 0 122 0
Other expenses 213 212 708 618
Total noninterest expense 1,556 1,471 4,510 4,381
Earnings        
Income before income taxes 695 759 2,141 2,293
Provision for income taxes 134 450 524 1,152
Net Income 561 309 1,617 1,141
Noncontrolling interests 4 4 60 36
Dividends on preferred stock 37 37 111 80
Net income available to common shareholders $ 520 $ 268 $ 1,446 $ 1,025
EPS        
EPS basic $ 0.72 $ 0.38 $ 2.02 $ 1.46
EPS diluted $ 0.71 $ 0.37 $ 1.99 $ 1.44
Cash dividends declared $ 0.24 $ 0.23 $ 0.71 $ 0.69
Weighted Average Shares Outstanding        
Weighted Average Number of Shares Outstanding, Basic 720,117 704,134 717,373 702,219
Weighted Average Number of Shares Outstanding, Diluted 729,989 716,101 727,594 713,282