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Consolidated Balance Sheets (USD $)
In Millions
Jun. 30, 2009
Dec. 31, 2008
Assets
Cash and due from banks $ 1,571 $ 1,639
Interest-bearing deposits with banks 416 751
Federal funds sold and securities purchased under resale agreements or similar arrangements 247 350
Segregated cash due from banks 267 379
Trading securities at fair value 522 376
Securities available for sale at fair value 31,033 32,843
Loans held for sale ($3,974 and $1,396 at fair value at June 30, 2009 and December 31, 2008, respectively) 3,982 1,424
Loans and leases 96,352 97,245
Allowance for loan and lease losses (2,110) (1,574)
Loans and leases, net of allowance for loan and lease losses 94,242 95,671
Premises and equipment 1,577 1,580
Goodwill 5,491 5,483
Core deposit and other intangible assets 497 542
Residential mortgage servicing rights at fair value 615 370
Other assets 11,938 10,607
Total assets 152,398 152,015
Liabilities and Shareholders' Equity
Noninterest-bearing deposits 16,054 13,649
Interest checking 3,181 2,576
Other client deposits 43,632 39,413
Client certificates of deposit 25,472 27,937
Other interest-bearing deposits 13,825 15,038
Total deposits 102,164 98,613
Federal funds purchased, securities sold under repurchase agreements and short-term borrowed funds 12,631 10,788
Long-term debt 18,110 18,032
Accounts payable and other liabilities 4,701 8,501
Total liabilities 137,606 135,934
Shareholders' equity
Preferred stock, liquidation preference of $1,000,000 per share 0 3,082
Common stock, $5 par 3,240 2,796
Additional paid-in capital 4,828 3,510
Retained earnings 7,409 7,381
Accumulated other comprehensive loss, net of deferred income taxes of $(441) at June 30, 2009 and $(438) at December 31, 2008 (730) (732)
Noncontrolling interest 45 44
Total shareholders' equity 14,792 16,081
Total liabilities and shareholders' equity $ 152,398 $ 152,015