XML 28 R4.htm IDEA: XBRL DOCUMENT v3.24.3Close
Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 6,162 $ 6,921
Interest-earning deposits with banks 35,024 43,804
Loans held for sale [1] 750 734
Investment securities – available for sale 60,338 41,785
Investment securities – held to maturity 83,845 90,784
Loans [1] 321,381 321,508
Allowance for loan and lease losses (4,589) (4,791)
Net loans 316,792 316,717
Equity investments 9,217 8,314
Mortgage servicing rights 3,503 3,686
Goodwill 10,932 10,932
Other [1] 38,318 37,903
Total assets 564,881 561,580 Close
Deposits    
Noninterest-bearing 94,588 101,285
Interest-bearing 329,378 320,133
Total deposits 423,966 421,418
Borrowed funds    
Federal Home Loan Bank borrowings 28,000 38,000
Senior debt 32,492 26,836
Subordinated debt 4,196 4,875
Other [2] 3,381 3,026
Total borrowed funds 68,069 72,737
Allowance for unfunded lending related commitments 725 663
Accrued expenses and other liabilities [2] 16,392 15,621
Total liabilities 509,152 510,439 Close
Equity    
Preferred stock [3]
Common stock ($5 par value, Authorized 800,000,000 shares, issued 543,225,979 and 543,116,271 shares) 2,716 2,716
Capital surplus 19,150 19,020
Retained earnings 58,412 56,290
Accumulated other comprehensive income (loss) (5,090) (7,712)
Common stock held in treasury at cost: 146,306,706 and 145,087,054 shares (19,499) (19,209)
Total shareholders’ equity 55,689 51,105
Noncontrolling interests 40 36
Total equity 55,729 51,141 Close
Total liabilities and equity $ 564,881 $ 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 September 30, 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 September 30, 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.