XML 17 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1Close
Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 5,933 $ 6,921
Interest-earning deposits with banks 53,612 43,804
Loans held for sale [1] 743 734
Investment securities – available for sale 42,280 41,785
Investment securities – held to maturity 88,180 90,784
Loans [1] 319,781 321,508
Allowance for loan and lease losses (4,693) (4,791)
Net loans 315,088 316,717
Equity investments 8,280 8,314
Mortgage servicing rights 3,762 3,686
Goodwill 10,932 10,932
Other [1] 37,352 37,903
Total assets 566,162 561,580 Close
Deposits    
Noninterest-bearing 98,061 101,285
Interest-bearing 327,563 320,133
Total deposits 425,624 421,418
Borrowed funds    
Federal Home Loan Bank borrowings 37,000 38,000
Senior debt 27,907 26,836
Subordinated debt 4,827 4,875
Other [2] 2,973 3,026
Total borrowed funds 72,707 72,737
Allowance for unfunded lending related commitments 672 663
Accrued expenses and other liabilities [2] 15,785 15,621
Total liabilities 514,788 510,439 Close
Equity    
Preferred stock [3]
Common stock ($5 par value, Authorized 800,000,000 shares, issued 543,116,260 and 543,116,271 shares) 2,716 2,716
Capital surplus 19,032 19,020
Retained earnings 56,913 56,290
Accumulated other comprehensive income (loss) (8,042) (7,712)
Common stock held in treasury at cost: 145,068,954 and $145,087,054 shares (19,279) (19,209)
Total shareholders’ equity 51,340 51,105
Noncontrolling interests 34 36
Total equity 51,374 51,141 Close
Total liabilities and equity $ 566,162 $ 561,580
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.7 billion, Loans held for investment of $1.2 billion and Other assets of $0.1 billion at March 31, 2024. Comparable amounts at December 31, 2023 were $0.7 billion, $1.2 billion and $0.1 billion, respectively.
[2] Our consolidated liabilities included the following for which we have elected the fair value option: Other borrowed funds of less than $0.1 billion and Other liabilities of $0.1 billion at March 31, 2024. Comparable amounts at December 31, 2023 were less than $0.1 billion and $0.1 billion, respectively.
[3] Par value less than $0.5 million at each date.