XML 46 R36.htm IDEA: XBRL DOCUMENT
v3.25.2

Strategic Lines of Business (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Segment Reporting [Abstract] |
Business Segment Financial Results | Business segment financial results were as follows:
(dollar amounts in millions) | Commercial Bank |  | Retail Bank |  | Wealth Management |  | Finance |  | Other |  | Total
Three Months Ended June 30, 2025 |  |  |  |  |
Earnings summary: |  |  |  |  |  |  |  |  |  |  |
Net interest income (expense) | $ | 453 |  |  | $ | 245 |  |  | $ | 47 |  | $ | (211) |  |  | $ | 41 |  |  | $ | 575 |
Provision (benefit) for credit losses | 48 |  |  | (2) |  |  | (1) |  | — |  |  | (1) |  |  | 44 |
Noninterest income | 149 |  |  | 26 |  |  | 76 |  | 17 |  |  | 6 |  |  | 274 |
Salaries and benefits expense | 76 |  |  | 49 |  |  | 34 |  | 16 |  |  | 183 |  |  | 358 |
Outside processing fee expense | 48 |  |  | 2 |  |  | 10 |  | 2 |  |  | 5 |  |  | 67 |
Occupancy expense | 6 |  |  | 25 |  |  | 3 |  | — |  |  | 12 |  |  | 46 |
Allocated corporate expense | 119 |  |  | 73 |  |  | 28 |  | (19) |  |  | (201) |  |  | — |
All other noninterest expenses (a) | 3 |  |  | 18 |  |  | 10 |  | 2 |  |  | 57 |  |  | 90 |
Total noninterest expenses | 252 |  |  | 167 |  |  | 85 |  | 1 |  |  | 56 |  |  | 561 |
Provision (benefit) for income taxes | 59 |  |  | 24 |  |  | 9 |  | (47) |  |  | — |  |  | 45 |
Net income (loss) | $ | 243 |  |  | $ | 82 |  |  | $ | 30 |  | $ | (148) |  |  | $ | (8) |  |  | $ | 199 |
Net charge-offs | $ | 25 |  |  | $ | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 28
Selected average balances: |  |  |  |  |  |  |  |  |  |  |
Assets | $ | 45,375 |  |  | $ | 3,062 |  |  | $ | 5,241 |  | $ | 17,113 |  |  | $ | 6,752 |  |  | $ | 77,543
Loans | 43,146 |  |  | 2,409 |  |  | 5,104 |  | — |  |  | 6 |  |  | 50,665
Deposits | 32,272 |  |  | 23,443 |  |  | 3,576 |  | 1,666 |  |  | 289 |  |  | 61,246
Three Months Ended June 30, 2024 |  |  |  |  |  |  |  |  |  |  |
Earnings summary: |  |  |  |  |  |  |  |  |  |  |
Net interest income (expense) | $ | 465 |  |  | $ | 203 |  |  | $ | 48 |  | $ | (220) |  |  | $ | 37 |  |  | $ | 533 |
Provision (benefit) for credit losses | — |  |  | 1 |  |  | (2) |  | — |  |  | 1 |  |  | — |
Noninterest income | 146 |  |  | 33 |  |  | 78 |  | 33 |  |  | 1 |  |  | 291 |
Salaries and benefits expense | 71 |  |  | 49 |  |  | 33 |  | 14 |  |  | 156 |  |  | 323 |
Outside processing fee expense | 49 |  |  | 3 |  |  | 10 |  | 1 |  |  | 5 |  |  | 68 |
Occupancy expense | 6 |  |  | 27 |  |  | 3 |  | 1 |  |  | 7 |  |  | 44 |
Allocated corporate expense | 95 |  |  | 75 |  |  | 29 |  | (17) |  |  | (182) |  |  | — |
All other noninterest expenses (a) | 29 |  |  | 23 |  |  | 13 |  | 2 |  |  | 53 |  |  | 120 |
Total noninterest expenses | 250 |  |  | 177 |  |  | 88 |  | 1 |  |  | 39 |  |  | 555 |
Provision (benefit) for income taxes | 85 |  |  | 14 |  |  | 10 |  | (46) |  |  | — |  |  | 63 |
Net income (loss) | $ | 276 |  |  | $ | 44 |  |  | $ | 30 |  | $ | (142) |  |  | $ | (2) |  |  | $ | 206 |
Net charge-offs | $ | 8 |  |  | $ | 2 |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | 11
Selected average balances: |  |  |  |  |  |  |  |  |  |  |
Assets | $ | 45,843 |  |  | $ | 3,029 |  |  | $ | 5,299 |  | $ | 18,448 |  |  | $ | 6,588 |  |  | $ | 79,207
Loans | 43,709 |  |  | 2,322 |  |  | 5,026 |  | — |  |  | 14 |  |  | 51,071
Deposits | 31,176 |  |  | 24,590 |  |  | 3,951 |  | 3,032 |  |  | 306 |  |  | 63,055
(a)All other noninterest expenses for each reportable business segment includes: i.Commercial Bank - Primarily net benefit from settlements and dismissed litigation and FDIC insurance expense. ii.Retail Bank - Primarily equipment expense and FDIC insurance expense. iii.Wealth Management - Primarily professional fees and software expense.
(dollar amounts in millions) | Commercial Bank |  | Retail Bank |  | Wealth Management |  | Finance |  | Other |  | Total
Six Months Ended June 30, 2025 |  |  |  |  |
Earnings Summary: |  |  |  |  |  |  |  |  |  |  |
Net interest income (expense) | $ | 925 |  |  | $ | 499 |  |  | $ | 95 |  |  | $ | (451) |  |  | $ | 82 |  |  | $ | 1,150 |
Provision (benefit) for credit losses | 79 |  |  | (7) |  |  | (7) |  |  | — |  |  | (1) |  |  | 64 |
Noninterest income | 284 |  |  | 52 |  |  | 147 |  |  | 40 |  |  | 5 |  |  | 528 |
Salaries and benefits expense | 157 |  |  | 100 |  |  | 69 |  |  | 33 |  |  | 367 |  |  | 726 |
Outside processing fee expense | 94 |  |  | 4 |  |  | 20 |  |  | 3 |  |  | 10 |  |  | 131 |
Occupancy expense | 12 |  |  | 50 |  |  | 6 |  |  | 1 |  |  | 23 |  |  | 92 |
Allocated corporate expense | 238 |  |  | 153 |  |  | 63 |  |  | (39) |  |  | (415) |  |  | — |
All other noninterest expenses (a) | 18 |  |  | 40 |  |  | 24 |  |  | 4 |  |  | 110 |  |  | 196 |
Total noninterest expenses | 519 |  |  | 347 |  |  | 182 |  |  | 2 |  |  | 95 |  |  | 1,145 |
Provision (benefit) for income taxes | 130 |  |  | 50 |  |  | 16 |  |  | (99) |  |  | 1 |  |  | 98 |
Net income (loss) | $ | 481 |  |  | $ | 161 |  |  | $ | 51 |  |  | $ | (314) |  |  | $ | (8) |  |  | $ | 371 |
Net charge-offs | $ | 51 |  |  | $ | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 54 |
Selected Average Balances: |  |  |  |  |  |  |  |  |  |  |
Assets | $ | 45,168 |  |  | $ | 3,057 |  |  | $ | 5,206 |  |  | $ | 17,272 |  |  | $ | 6,847 |  |  | $ | 77,550 |
Loans | 43,000 |  |  | 2,394 |  |  | 5,044 |  |  | — |  |  | 3 |  |  | 50,441 |
Deposits | 32,510 |  |  | 23,539 |  |  | 3,598 |  |  | 1,650 |  |  | 272 |  |  | 61,569 |
Six Months Ended June 30, 2024 |  |  |  |  |  |  |  |  |  |  |
Earnings Summary: |  |  |  |  |  |  |  |  |  |  |
Net interest income (expense) | $ | 942 |  |  | $ | 404 |  |  | $ | 94 |  |  | $ | (437) |  |  | $ | 78 |  |  | $ | 1,081 |
Provision (benefit) for credit losses | 16 |  |  | — |  |  | (1) |  |  | — |  |  | (1) |  |  | 14 |
Noninterest income | 293 |  |  | 61 |  |  | 143 |  |  | 23 |  |  | 7 |  |  | 527 |
Salaries and benefits expense | 150 |  |  | 100 |  |  | 69 |  |  | 28 |  |  | 324 |  |  | 671 |
Outside processing fee expense | 98 |  |  | 5 |  |  | 21 |  |  | 2 |  |  | 10 |  |  | 136 |
Occupancy expense | 12 |  |  | 51 |  |  | 6 |  |  | 2 |  |  | 17 |  |  | 88 |
Allocated corporate expense | 198 |  |  | 151 |  |  | 60 |  |  | (35) |  |  | (374) |  |  | — |
All other noninterest expenses (a) | 67 |  |  | 51 |  |  | 29 |  |  | 7 |  |  | 109 |  |  | 263 |
Total noninterest expenses | 525 |  |  | 358 |  |  | 185 |  |  | 4 |  |  | 86 |  |  | 1,158 |
Provision (benefit) for income taxes | 142 |  |  | 22 |  |  | 11 |  |  | (87) |  |  | 4 |  |  | 92 |
Net income (loss) | $ | 552 |  |  | $ | 85 |  |  | $ | 42 |  |  | $ | (331) |  |  | $ | (4) |  |  | $ | 344 |
Net charge-offs | $ | 22 |  |  | $ | 2 |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | 25 |
Selected Average Balances: |  |  |  |  |  |  |  |  |  |  |
Assets | $ | 46,163 |  |  | $ | 3,028 |  |  | $ | 5,372 |  |  | $ | 18,752 |  |  | $ | 8,097 |  |  | $ | 81,412 |
Loans | 43,810 |  |  | 2,309 |  |  | 5,089 |  |  | — |  |  | 13 |  |  | 51,221 |
Deposits | 31,694 |  |  | 24,487 |  |  | 3,925 |  |  | 3,786 |  |  | 291 |  |  | 64,183 |
(a)

X
- 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
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration