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Segment information (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Information about Company's Segments | Information about the Company’s segments is presented in the accompanying table.
| Year Ended December 31,
| Commercial Bank |  | Retail Bank |  | Institutional Services and Wealth Management
(Dollars in millions) | 2024 |  | 2023 |  | 2022 |  | 2024 |  | 2023 |  | 2022 |  | 2024 |  | 2023 |  | 2022
Net interest income (a) | $ | 2,212 |  |  | $ | 2,409 |  |  | $ | 2,302 |  |  | $ | 4,288 |  |  | $ | 4,352 |  |  | $ | 3,008 |  |  | $ | 748 |  |  | $ | 700 |  |  | $ | 403 |
Noninterest income | 672 |  |  | 658 |  |  | 588 |  |  | 810 |  |  | 762 |  |  | 703 |  |  | 809 |  |  | 1,005 |  |  | 1,007 |
Total revenue | 2,884 |  |  | 3,067 |  |  | 2,890 |  |  | 5,098 |  |  | 5,114 |  |  | 3,711 |  |  | 1,557 |  |  | 1,705 |  |  | 1,410 |
Provision for credit losses | 266 |  |  | 297 |  |  | 66 |  |  | 288 |  |  | 173 |  |  | 101 |  |  | 6 |  |  | — |  |  | (1) |
Salaries and employee benefits | 610 |  |  | 577 |  |  | 483 |  |  | 778 |  |  | 779 |  |  | 694 |  |  | 413 |  |  | 405 |  |  | 376 |
Depreciation and amortization | 39 |  |  | 39 |  |  | 39 |  |  | 252 |  |  | 249 |  |  | 198 |  |  | 9 |  |  | 8 |  |  | 8 |
Other direct expenses | 285 |  |  | 275 |  |  | 213 |  |  | 421 |  |  | 465 |  |  | 386 |  |  | 102 |  |  | 156 |  |  | 211 |
Indirect expense (b) | 490 |  |  | 455 |  |  | 389 |  |  | 1,048 |  |  | 964 |  |  | 929 |  |  | 307 |  |  | 298 |  |  | 272 |
Income (loss) before taxes | 1,194 |  |  | 1,424 |  |  | 1,700 |  |  | 2,311 |  |  | 2,484 |  |  | 1,403 |  |  | 720 |  |  | 838 |  |  | 544 |
Income tax expense (benefit) | 323 |  |  | 385 |  |  | 458 |  |  | 595 |  |  | 646 |  |  | 364 |  |  | 185 |  |  | 218 |  |  | 142 |
Net income (loss) | $ | 871 |  |  | $ | 1,039 |  |  | $ | 1,242 |  |  | $ | 1,716 |  |  | $ | 1,838 |  |  | $ | 1,039 |  |  | $ | 535 |  |  | $ | 620 |  |  | $ | 402 |
Average total assets | $ | 80,864 |  |  | $ | 80,243 |  |  | $ | 69,960 |  |  | $ | 53,043 |  |  | $ | 51,213 |  |  | $ | 49,059 |  |  | $ | 3,800 |  |  | $ | 3,675 |  |  | $ | 3,598 |
| All Other |  | Total (c)
(Dollars in millions) | 2024 |  | 2023 |  | 2022 |  | 2024 |  | 2023 |  | 2022
Net interest income (a) | $ | (396) |  |  | $ | (346) |  |  | $ | 109 |  |  | $ | 6,852 |  |  | $ | 7,115 |  |  | $ | 5,822 |
Noninterest income | 136 |  |  | 103 |  | 59 |  | 2,427 |  |  | 2,528 |  | 2,357
Total revenue | (260) |  |  | (243) |  | 168 |  | 9,279 |  |  | 9,643 |  | 8,179
Provision for credit losses | 50 |  |  | 175 |  | 351 |  | 610 |  |  | 645 |  | 517
Salaries and employee benefits | 1,361 |  |  | 1,236 |  | 1,234 |  | 3,162 |  |  | 2,997 |  | 2,787
Depreciation and amortization | 208 |  |  | 201 |  | 190 |  | 508 |  |  | 497 |  | 435
Other direct expenses | 881 |  |  | 989 |  | 1,018 |  | 1,689 |  |  | 1,885 |  | 1,828
Indirect expense (b) | (1,845) |  |  | (1,717) |  |  | (1,590) |  |  | — |  |  | — |  |  | — |
Income (loss) before taxes | (915) |  |  | (1,127) |  | (1,035) |  | 3,310 |  |  | 3,619 |  | 2,612
Income tax expense (benefit) | (381) |  |  | (371) |  | (344) |  | 722 |  |  | 878 |  | 620
Net income (loss) | $ | (534) |  |  | $ | (756) |  |  | $ | (691) |  |  | $ | 2,588 |  |  | $ | 2,741 |  |  | $ | 1,992 |
Average total assets | $ | 73,513 |  |  | $ | 70,266 |  |  | $ | 67,635 |  |  | $ | 211,220 |  |  | $ | 205,397 |  |  | $ | 190,252 |
__________________________________________________________________________________ (a)Net interest income is the difference between actual taxable-equivalent interest earned on assets and interest paid on liabilities by a segment and a funding charge (credit) based on the Company’s internal funds transfer pricing methodology. Segments are charged a cost to fund any assets (e.g. loans) and are paid a funding credit for any funds provided (e.g. deposits). The taxable-equivalent adjustment aggregated $50 million in 2024, $54 million in 2023 and $39 million in 2022 and is eliminated in "All Other" net interest income and income tax expense (benefit). (b)Indirect expense represents centrally-allocated costs associated with data processing, risk management and other support services provided by the "All Other" category to the Commercial Bank, Retail Bank and Institutional Services and Wealth Management segments. (c)Intersegment revenues and expenses were not material for the years ended December 31, 2024, 2023 and 2022.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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