Cover
Cover - shares | 6 Months Ended | |
Jun. 30, 2020 | Jul. 29, 2020 | |
Document Information [Line Items] | ||
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Jun. 30, 2020 | |
Document Transition Report | false | |
Entity File Number | 001-12307 | |
Entity Registrant Name | ZIONS BANCORPORATION, NATIONAL ASSOCIATION | |
Entity Incorporation, State or Country Code | X1 | |
Entity Tax Identification Number | 87-0189025 | |
Entity Address, Address Line One | One South Main | |
Entity Address, City or Town | Salt Lake City, | |
Entity Address, State or Province | UT | |
Entity Address, Postal Zip Code | 84133-1109 | |
City Area Code | 801 | |
Local Phone Number | 844-7637 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Large Accelerated Filer | |
Entity Small Business | false | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 163,980,710 | |
Amendment Flag | false | |
Document Fiscal Year Focus | 2020 | |
Document Fiscal Period Focus | Q2 | |
Entity Central Index Key | 0000109380 | |
Current Fiscal Year End Date | --12-31 | |
Common Stock [Member] | The NASDAQ Stock Market LLC [Member] | ||
Document Information [Line Items] | ||
Title of 12(b) Security | Common Stock, par value $0.001 | |
Trading Symbol | ZION | |
Security Exchange Name | NASDAQ | |
Series A Floating-Rate Non-Cumulative Perpetual Preferred Stock [Member] | The NASDAQ Stock Market LLC [Member] | ||
Document Information [Line Items] | ||
Title of 12(b) Security | Series A Floating-Rate Non-Cumulative Perpetual Preferred Stock | |
Trading Symbol | ZIONP | |
Security Exchange Name | NASDAQ | |
Series G Fixed/Floating-Rate Non-Cumulative Perpetual Preferred Stock [Member] | The NASDAQ Stock Market LLC [Member] | ||
Document Information [Line Items] | ||
Title of 12(b) Security | Series G Fixed/Floating-Rate Non-Cumulative Perpetual Preferred Stock | |
Trading Symbol | ZIONO | |
Security Exchange Name | NASDAQ | |
Series H 5.75% Non-Cumulative Perpetual Preferred Stock [Member] | The NASDAQ Stock Market LLC [Member] | ||
Document Information [Line Items] | ||
Title of 12(b) Security | Series H 5.75% Non-Cumulative Perpetual Preferred Stock | |
Trading Symbol | ZIONN | |
Security Exchange Name | NASDAQ | |
Fixed-to-Floating Rate Subordinated Notes [Member] | The NASDAQ Stock Market LLC [Member] | ||
Document Information [Line Items] | ||
Title of 12(b) Security | 6.95% Fixed-to-Floating Rate Subordinated Notes due September 15, 2028 | |
Trading Symbol | ZIONL | |
Security Exchange Name | NASDAQ |
Consolidated Balance Sheets
Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
ASSETS | ||
Cash and due from banks | $ 570 | $ 705 |
Money market investments: | ||
Interest-bearing deposits | 1,579 | 743 |
Federal funds sold and security resell agreements | 266 | 484 |
Investment securities: | ||
Held-to-maturity, at amortized cost | 688 | 592 |
Available-for-sale, at fair value | 14,201 | 13,725 |
Trading account, at fair value | 160 | 182 |
Total securities | 15,049 | 14,499 |
Loans held for sale | 105 | 129 |
Loans held for investment, net of allowance | ||
Loans and leases, net of unearned income and fees | 55,129 | 48,709 |
Less allowance for loan losses | 860 | 495 |
Loans held for investment, net of allowance | 54,269 | 48,214 |
Other noninterest-bearing investments | 813 | 898 |
Premises, equipment and software, net | 1,173 | 1,142 |
Goodwill and intangibles | 1,014 | 1,014 |
Other real estate owned | 5 | 8 |
Other assets | 1,604 | 1,336 |
Total Assets | 76,447 | 69,172 |
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
Noninterest-bearing demand | 30,714 | 23,576 |
Interest-bearing: | ||
Savings and money market | 31,307 | 28,790 |
Time | 3,663 | 4,719 |
Total deposits | 65,684 | 57,085 |
Federal funds purchased and other short-term borrowings | 860 | 2,053 |
Long-term Debt | 1,353 | 1,723 |
Reserve for unfunded lending commitments | 54 | 59 |
Other liabilities | 921 | 899 |
Total liabilities | 68,872 | 61,819 |
Shareholders' equity: | ||
Preferred stock, without par value | 566 | 566 |
Additional Paid-in Capital | 2,675 | 2,735 |
Retained earnings | 3,979 | 4,009 |
Accumulated other comprehensive income (loss) | 355 | 43 |
Total shareholders’ equity | 7,575 | 7,353 |
Total liabilities and shareholders’ equity | $ 76,447 | $ 69,172 |
Consolidated Balance Sheets (Pa
Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Statement of Financial Position [Abstract] | ||
Held-to-maturity, fair value | $ 691 | $ 597 |
Preferred stock, shares authorized (in shares) | 4,400 | 4,400 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 350,000 | 350,000 |
Common stock, shares issued (in shares) | 163,978 | 165,057 |
Common stock, outstanding shares (in shares) | 163,978 | 165,057 |
Consolidated Statements Of Inco
Consolidated Statements Of Income - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Interest income: | ||||
Interest and Fees and Loans | $ 514 | $ 581 | $ 1,046 | $ 1,151 |
Interest on Money Market Investments | 1 | 8 | 9 | 17 |
Interest on Securities | 80 | 95 | 161 | 191 |
Total interest income | 595 | 684 | 1,216 | 1,359 |
Interest expense: | ||||
Interest on Deposits | 23 | 66 | 74 | 123 |
Interest on short- and long-term borrowings | 9 | 49 | 31 | 91 |
Total interest expense | 32 | 115 | 105 | 214 |
Net interest income | 563 | 569 | 1,111 | 1,145 |
Provision for loan losses | 161 | 20 | 401 | 22 |
Provision for unfunded lending commitments | 7 | 1 | 25 | 3 |
Total provision for credit losses | 168 | 21 | 426 | 25 |
Net interest income after provision for credit losses | 395 | 548 | 685 | 1,120 |
Noninterest income: | ||||
Commercial account fees | 30 | 30 | 61 | 60 |
Card fees | 19 | 23 | 39 | 46 |
Retail and business banking fees | 15 | 20 | 33 | 38 |
Loan-related fees and income | 27 | 17 | 53 | 35 |
Capital markets and foreign exchange fees | 18 | 20 | 42 | 35 |
Wealth management and trust fees | 15 | 15 | 31 | 28 |
Other customer-related fees | 6 | 5 | 12 | 10 |
Customer-related fees | 130 | 130 | 271 | 252 |
Fair value and nonhedge derivative loss | (12) | (6) | (23) | (8) |
Dividends and other investment income | 3 | 11 | 11 | 22 |
Securities losses, net | (4) | (3) | (9) | (2) |
Total noninterest income | 117 | 132 | 250 | 264 |
Noninterest expense: | ||||
Salaries and employee benefits | 267 | 274 | 540 | 562 |
Occupancy, net | 32 | 32 | 65 | 65 |
Furniture, equipment and software, net | 32 | 35 | 64 | 67 |
Other real estate expense, net | 0 | 0 | 0 | (1) |
Credit-related expense | 6 | 8 | 10 | 13 |
Professional and legal services | 10 | 13 | 22 | 23 |
Advertising | 3 | 5 | 6 | 11 |
FDIC Premiums | 7 | 6 | 12 | 12 |
Other | 73 | 51 | 118 | 102 |
Total noninterest expense | 430 | 424 | 837 | 854 |
Income before income taxes | 82 | 256 | 98 | 530 |
Income taxes | 16 | 58 | 18 | 119 |
Net income | 66 | 198 | 80 | 411 |
Preferred stock dividends | (9) | (9) | (17) | (17) |
Net earnings applicable to common shareholders | $ 57 | $ 189 | $ 63 | $ 394 |
Weighted average common shares outstanding during the period: | ||||
Basic shares (in shares) | 163,542 | 179,156 | 163,843 | 181,946 |
Weighted average diluted common shares outstanding (in shares) | 164,425 | 189,098 | 168,132 | 192,206 |
Net earnings per common share: | ||||
Basic (in dollars per share) | $ 0.34 | $ 1.05 | $ 0.38 | $ 2.15 |
Diluted (in dollars per share) | $ 0.34 | $ 0.99 | $ 0.37 | $ 2.04 |
Consolidated Statements Of Comp
Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Statement of Comprehensive Income [Abstract] | ||||
Net income for the period | $ 66 | $ 198 | $ 80 | $ 411 |
Other comprehensive income (loss), net of tax: | ||||
Net unrealized holding gains on investment securities | 94 | 116 | 242 | 237 |
Net unrealized gains on other noninterest-bearing investments | (8) | 0 | (6) | (3) |
Net unrealized holding gains on derivative instruments | 7 | 30 | 76 | 39 |
Reclassification adjustment for (increase) decrease in interest income recognized in earnings on derivative instruments | (10) | 1 | (13) | 2 |
Reclassification to earnings for termination of pension plan | 13 | 0 | 13 | 0 |
Other comprehensive income | 96 | 147 | 312 | 275 |
Comprehensive income | $ 162 | $ 345 | $ 392 | $ 686 |
Consolidated Statements Of Chan
Consolidated Statements Of Changes In Shareholders' Equity - USD ($) shares in Thousands, $ in Millions | Total | Cumulative Effect, Period of Adoption, Adjustment [Member] | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Retained Earnings [Member]Cumulative Effect, Period of Adoption, Adjustment [Member] | Total |
Balance at beginning of period at Dec. 31, 2018 | $ 7,578 | $ 566 | $ 0 | $ 3,806 | $ 3,456 | $ (250) | ||
Balance at beginning of period (Accounting Standards Update 2017-08 [Member]) at Dec. 31, 2018 | $ (3) | $ (3) | ||||||
Balance at beginning of period (in shares) at Dec. 31, 2018 | 187,554 | |||||||
Net income for the period | 411 | 411 | ||||||
Other comprehensive income, net of tax | 275 | 275 | ||||||
Bank common stock repurchased (in shares) | (11,363) | |||||||
Bank common stock repurchased | (551) | (551) | ||||||
Net shares issued from stock warrant exercises (in shares) | 8 | |||||||
Net activity under employee plans and related tax benefits (in shares) | 736 | |||||||
Net activity under employee plans and related tax benefits | 16 | 16 | ||||||
Dividends on preferred stock | (17) | (17) | ||||||
Dividends on common stock | $ (110) | (110) | ||||||
Dividends on common stock (in dollars per share) | $ 0.60 | |||||||
Balance at end of period (in shares) at Jun. 30, 2019 | 176,935 | |||||||
Balance at end of period at Jun. 30, 2019 | $ 7,599 | 566 | $ 0 | 3,271 | 3,737 | 25 | ||
Balance at beginning of period at Mar. 31, 2019 | 7,588 | 566 | $ 0 | 3,541 | 3,603 | (122) | ||
Balance at beginning of period (in shares) at Mar. 31, 2019 | 182,513 | |||||||
Net income for the period | 198 | 198 | ||||||
Other comprehensive income, net of tax | 147 | 147 | ||||||
Bank common stock repurchased (in shares) | (5,857) | |||||||
Bank common stock repurchased | (276) | (276) | ||||||
Net shares issued from stock warrant exercises (in shares) | 7 | |||||||
Net activity under employee plans and related tax benefits (in shares) | 272 | |||||||
Net activity under employee plans and related tax benefits | 6 | 6 | ||||||
Dividends on preferred stock | (10) | (10) | ||||||
Dividends on common stock | $ (54) | (54) | ||||||
Dividends on common stock (in dollars per share) | $ 0.30 | |||||||
Balance at end of period (in shares) at Jun. 30, 2019 | 176,935 | |||||||
Balance at end of period at Jun. 30, 2019 | $ 7,599 | 566 | $ 0 | 3,271 | 3,737 | 25 | ||
Balance at beginning of period at Dec. 31, 2019 | $ 7,353 | 566 | $ 0 | 2,735 | 4,009 | 43 | ||
Balance at beginning of period (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2019 | 20 | 20 | ||||||
Balance at beginning of period (in shares) at Dec. 31, 2019 | 165,057 | 165,057 | ||||||
Bank common stock repurchased (in shares) | (1,700) | |||||||
Balance at end of period (in shares) at Mar. 31, 2020 | 163,852 | |||||||
Balance at end of period at Mar. 31, 2020 | $ 7,472 | 566 | $ 0 | 2,668 | 3,979 | 259 | ||
Balance at beginning of period at Dec. 31, 2019 | $ 7,353 | 566 | $ 0 | 2,735 | 4,009 | 43 | ||
Balance at beginning of period (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2019 | $ 20 | $ 20 | ||||||
Balance at beginning of period (in shares) at Dec. 31, 2019 | 165,057 | 165,057 | ||||||
Net income for the period | $ 80 | 80 | ||||||
Other comprehensive income, net of tax | 312 | 312 | ||||||
Bank common stock repurchased (in shares) | (1,680) | |||||||
Bank common stock repurchased | (75) | (75) | ||||||
Net shares issued from stock warrant exercises (in shares) | 1 | |||||||
Net activity under employee plans and related tax benefits (in shares) | 600 | |||||||
Net activity under employee plans and related tax benefits | 15 | 15 | ||||||
Dividends on preferred stock | (17) | (17) | ||||||
Dividends on common stock | $ (112) | (112) | ||||||
Dividends on common stock (in dollars per share) | $ 0.68 | |||||||
Change in deferred compensation | $ (1) | (1) | ||||||
Balance at end of period (in shares) at Jun. 30, 2020 | 163,978 | 163,978 | ||||||
Balance at end of period at Jun. 30, 2020 | $ 7,575 | 566 | $ 0 | 2,675 | 3,979 | 355 | ||
Balance at beginning of period at Mar. 31, 2020 | 7,472 | 566 | $ 0 | 2,668 | 3,979 | 259 | ||
Balance at beginning of period (in shares) at Mar. 31, 2020 | 163,852 | |||||||
Net income for the period | 66 | 66 | ||||||
Other comprehensive income, net of tax | 96 | 96 | ||||||
Bank common stock repurchased (in shares) | (11) | |||||||
Bank common stock repurchased | 0 | 0 | ||||||
Net activity under employee plans and related tax benefits (in shares) | 137 | |||||||
Net activity under employee plans and related tax benefits | 7 | 7 | ||||||
Dividends on preferred stock | (9) | (9) | ||||||
Dividends on common stock | $ (56) | (56) | ||||||
Dividends on common stock (in dollars per share) | $ 0.34 | |||||||
Change in deferred compensation | $ (1) | (1) | ||||||
Balance at end of period (in shares) at Jun. 30, 2020 | 163,978 | 163,978 | ||||||
Balance at end of period at Jun. 30, 2020 | $ 7,575 | $ 566 | $ 0 | $ 2,675 | $ 3,979 | $ 355 |
Consolidated Statements Of Cash
Consolidated Statements Of Cash Flows - USD ($) $ in Millions | 6 Months Ended | |
Jun. 30, 2020 | Jun. 30, 2019 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net income | $ 80 | $ 411 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Provision for credit losses | 426 | 25 |
Depreciation and amortization | 63 | 93 |
Share-based compensation | 18 | 18 |
Deferred income tax expense (benefit) | (94) | 3 |
Net decrease (increase) in trading securities | 22 | (42) |
Net increase in loans held for sale | (13) | (39) |
Change in other liabilities | 33 | (73) |
Change in other assets | (129) | (166) |
Other, net | (8) | (10) |
Net cash provided by operating activities | 398 | 220 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Net decrease (increase) in money market investments | (618) | 827 |
Proceeds from maturities and paydowns of investment securities held-to-maturity | 73 | 239 |
Purchases of investment securities held-to-maturity | (169) | (160) |
Proceeds from sales, maturities and paydowns of investment securities available-for-sale | 1,795 | 1,345 |
Purchases of investment securities available-for-sale | (2,011) | (1,028) |
Net change in loans and leases | (6,381) | (1,877) |
Net change in other noninterest-bearing investments | 59 | (5) |
Purchases of premises and equipment | (82) | (60) |
Other, net | 33 | 4 |
Net cash used in investing activities | (7,301) | (715) |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Net increase in deposits | 8,599 | 232 |
Net change in short-term funds borrowed | (1,194) | 371 |
Proceeds from the issuance of long-term debt | 0 | 497 |
Redemption of long-term debt | (429) | 0 |
Proceeds from the issuance of common stock | 5 | 7 |
Dividends paid on common and preferred stock | (130) | (127) |
Bank common stock repurchased | (76) | (551) |
Other, net | (7) | (10) |
Net cash provided by financing activities | 6,768 | 419 |
Net decrease in cash and due from banks | (135) | (76) |
Cash and due from banks at beginning of period | 705 | 614 |
Cash and due from banks at end of period | 570 | 538 |
Cash paid for interest | 123 | 199 |
Net cash paid for income taxes | 17 | 132 |
Loans held for investment transferred to other real estate owned | 1 | 6 |
Loans held for sale reclassified to loans held for investment, net | $ 22 | $ 0 |
Basis of Presentation
Basis of Presentation | 6 Months Ended |
Jun. 30, 2020 | |
Basis Of Presentation [Abstract] | |
Basis of Presentation | BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements of Zions Bancorporation, National Association and its majority-owned subsidiaries (collectively “Zions Bancorporation, N.A.,” “the Bank,” “we,” “our,” “us”) have been prepared in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. References to GAAP, including standards promulgated by the Financial Accounting Standards Board (“FASB”), are made according to sections of the Accounting Standards Codification (“ASC”). Changes to the ASC are made with Accounting Standards Updates (“ASU”) that include consensus issues of the Emerging Issues Task Force. Operating results for the six months ended June 30, 2020 and 2019 are not necessarily indicative of the results that may be expected in future periods. In preparing the consolidated financial statements, we are required to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The consolidated balance sheet at December 31, 2019 is from the audited financial statements at that date, but does not include all of the information and footnotes required by GAAP for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in the Bank’s 2019 Annual Report on Form 10-K. Certain prior period amounts have been reclassified to conform with the current period presentation. These reclassifications did not affect net income or shareholders’ equity. Additionally, effective October 1, 2019, we made certain financial reporting changes and reclassifications to noninterest income in our Consolidated Statements of Income. These changes and reclassifications were adopted on a retrospective basis. The changes and reclassifications reflect changes only to noninterest income in the Consolidated Statements of Income and do not impact net income, net interest income or noninterest expense. |
Recent Accounting Pronouncement
Recent Accounting Pronouncements and Developments | 6 Months Ended |
Jun. 30, 2020 | |
Accounting Policies [Abstract] | |
Recent Accounting Pronouncements and Developments | RECENT ACCOUNTING PRONOUNCEMENTS AND DEVELOPMENTS Accounting Standard Updates Description Date of adoption Effect on the financial statements or other significant matters Updates adopted by the Bank during 2020 ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting As part of reference rate reform, the London Interbank Offered Rate ("LIBOR") is expected to be discontinued by December 31, 2021 and is being replaced by observable or transaction-based alternative reference rates less susceptible to manipulation. This ASU addresses certain operational accounting concerns of modifying contracts such as debt, lease, and derivative agreements that reference LIBOR, or another rate, that is expected to be discontinued due to reference rate reform. The ASU provides temporary optional expedients and exceptions to the accounting requirements for contract modifications for contracts that reference LIBOR. This ASU also provides for a one-time election to sell or transfer to available-for-sale or trading certain qualifying held-to-maturity ("HTM") debt securities. Additionally, this guidance provides various optional expedients for hedging relationships affected by reference rate reform. April 1, 2020 We adopted ASU 2020-04 on April 1, 2020; the impact upon adoption was not significant as no practical expedients were applied in the current period, but will be applied in future periods. ASU 2016-13, Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and subsequent related ASUs This ASU, and subsequent updates, significantly changes how entities will measure credit losses for virtually all financial assets and certain other instruments that are not measured at fair value through net income that have the contractual right to receive cash. The update replaces today’s “incurred loss” approach with a current expected credit loss (“CECL”) model for instruments such as loans and HTM securities that are measured at amortized cost. The ASU requires credit losses relating to available-for sale (“AFS”) debt securities to be recorded through an allowance for credit loss (“ACL”) rather than a reduction of the carrying amount and replaces the historically required other-than-temporary impairment (“OTTI”) analysis. It also changes the accounting for purchased credit-impaired debt securities and loans. January 1, 2020 We adopted ASU 2016-13 and its subsequent updates on January 1, 2020; the impact upon adoption was an after-tax increase to retained earnings of approximately $20 million. Accounting Standard Updates Description Date of adoption Effect on the financial statements or other significant matters Updates adopted by the Bank during 2020 ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment This ASU removes the requirements in step two of the current goodwill impairment model, eliminating the requirement to calculate and compare the implied fair value of the reporting entity with the carrying amount of that entity, including goodwill, to measure any impairment charge. Instead, entities will record an impairment charge based on the excess of a reporting unit’s carrying amount of goodwill over its implied fair value of goodwill (i.e., measure the charge based on step one of the current guidance). January 1, 2020 We adopted ASU 2017-04 on January 1, 2020; the impact upon adoption was not significant. The transition and adoption provisions were applied prospectively. |
Fair Value
Fair Value | 6 Months Ended |
Jun. 30, 2020 | |
Fair Value Disclosures [Abstract] | |
Fair Value | FAIR VALUE Fair Value Measurement Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. For a discussion of the Bank’s valuation methodologies for assets and liabilities measured at fair value and the fair value hierarchy, see Note 3 of our 2019 Annual Report on Form 10-K. Quantitative Disclosure by Fair Value Hierarchy Assets and liabilities measured at fair value by class on a recurring basis are summarized as follows: (In millions) June 30, 2020 Level 1 Level 2 Level 3 Total ASSETS Investment securities: Available-for-sale: U.S. Treasury, agencies and corporations $ 100 $ 12,775 $ — $ 12,875 Municipal securities 1,301 1,301 Other debt securities 25 25 Total Available-for-sale 100 14,101 — 14,201 Trading account 16 144 160 Other noninterest-bearing investments: Bank-owned life insurance 530 530 Private equity investments 1 5 77 82 Other assets: Agriculture loan servicing and interest-only strips 17 17 Deferred compensation plan assets 105 105 Derivatives: Derivatives designated as hedges (1) (1) Derivatives not designated as hedges: Customer-facing interest rate 460 460 Other interest rate 20 20 Foreign exchange 3 3 Total Assets $ 229 $ 15,254 $ 94 $ 15,577 LIABILITIES Securities sold, not yet purchased $ 42 $ — $ — $ 42 Other liabilities: Deferred compensation plan obligations 105 105 Derivatives: Derivatives designated as hedges (1) (1) Derivatives not designated as hedges: Customer-facing interest rate 32 32 Other interest rate 6 6 Foreign exchange 2 2 Total Liabilities $ 149 $ 37 $ — $ 186 1 The level 1 PEI amount relates to the portion of our SBIC investments that is now publicly traded. (In millions) December 31, 2019 Level 1 Level 2 Level 3 Total ASSETS Investment securities: Available-for-sale: U.S. Treasury, agencies and corporations $ 25 $ 12,356 $ — $ 12,381 Municipal securities 1,319 1,319 Other debt securities 25 25 Total Available-for-sale 25 13,700 — 13,725 Trading account 65 117 182 Other noninterest-bearing investments: Bank-owned life insurance 525 525 Private equity investments 1 9 107 116 Other assets: Agriculture loan servicing and interest-only strips 18 18 Deferred compensation plan assets 113 113 Derivatives: Derivatives not designated as hedges: Customer-facing interest rate 146 146 Other interest rate 3 3 Foreign exchange 4 4 Total Assets $ 216 $ 14,491 $ 125 $ 14,832 LIABILITIES Securities sold, not yet purchased $ 66 $ — $ — $ 66 Other liabilities: Deferred compensation plan obligations 113 113 Derivatives: Derivatives not designated as hedges: Customer-facing interest rate 14 14 Other interest rate 1 1 Foreign exchange 4 4 Total Liabilities $ 183 $ 15 $ — $ 198 1 The level 1 PEI amount relates to the portion of our SBIC investments that is now publicly traded. Level 3 Valuations The Bank’s Level 3 holdings include private equity investments (“PEIs”), agriculture loan servicing, and interest-only strips. For additional information regarding the financial instruments measured under Level 3, and the methods and significant assumptions used to estimate their fair value, see Note 3 of our 2019 Annual Report on Form 10-K. Reconciliation of Level 3 Fair Value Measurements The following reconciles the beginning and ending balances of assets and liabilities that are measured at fair value by class on a recurring basis using Level 3 inputs: Level 3 Instruments Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 (In millions) Private Ag loan svcg and int-only strips Private Ag loan svcg and int-only strips Private Ag loan svcg and int-only strips Private equity investments 1 Ag loan svcg and int-only strips Balance at beginning of period $ 79 $ 17 $ 107 $ 17 $ 107 $ 18 $ 102 $ 18 Securities losses, net (4) — (2) — (9) — (1) — Other noninterest income (expense) — — — 2 — (1) — 1 Purchases 2 — — — 4 — 4 — Other — — — — (25) — — — Balance at end of period $ 77 $ 17 $ 105 $ 19 $ 77 $ 17 $ 105 $ 19 The reconciliation of Level 3 instruments does not include any realized gains or losses in the statement of income during the three months ended June 30, 2020, and 2019. During the six months ended June 30, realized gains in the statement of income was $15 million in 2020 and included no realized gains or losses during the same period in 2019. Nonrecurring Fair Value Measurements Included in the balance sheet amounts are the following amounts of assets that had fair value changes measured on a nonrecurring basis. (In millions) Fair value at June 30, 2020 Fair value at December 31, 2019 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total ASSETS Private equity investments $ — $ — $ 1 $ 1 $ — $ — $ 1 $ 1 Collateral-dependent loans — — — — — — — — Other real estate owned — 1 — 1 — — — — Total $ — $ 1 $ 1 $ 2 $ — $ — $ 1 $ 1 The previous fair values may not be current as of the dates indicated, but rather as of the date the fair value change occurred, such as a charge for impairment. Accordingly, carrying values may not equal current fair value. Gains (losses) from fair value changes (In millions) Three Months Ended Six Months Ended 2020 2019 2020 2019 ASSETS Private equity investments $ — $ — $ — $ — Collateral-dependent loans — (9) — (9) Other real estate owned — — — — Total $ — $ (9) $ — $ (9) During the three months ended June 30, we recognized less than $1 million of net gains in 2020 and 2019 from the sale of other real estate owned (“OREO”) properties. During the six months ended June 30, we recognized less than $1 million and approximately $1 million of net gains in 2020 and 2019 from the sale of OREO properties that had a carrying value, at the time of sale, of $3 million and $2 million during these same periods. Prior to their sale, we recognized an insignificant amount of impairment on these properties during the six months ended June 30, 2020 and 2019. Private equity investments carried at cost were measured at fair value for impairment purposes according to the methodology previously discussed for these investments. Amounts of PEIs carried at cost were $8 million at both June 30, 2020 and December 31, 2019. Amounts of other noninterest-bearing investments carried at cost were $107 million at June 30, 2020 and $157 million at December 31, 2019, which were comprised of Federal Reserve and Federal Home Loan Bank (“FHLB”) stock. Private equity investments accounted for using the equity method were $47 million at June 30, 2020 and $45 million at December 31, 2019. Loans that are collateral-dependent were measured at the lower of amortized cost or the fair value of the collateral. OREO was measured initially at fair value based on collateral appraisals at the time of transfer and subsequently at the lower of cost or fair value. For additional information regarding the measurement of fair value for impaired loans, collateral-dependent loans, and OREO, see Note 3 of our 2019 Annual Report on Form 10-K. Fair Value of Certain Financial Instruments Following is a summary of the carrying values and estimated fair values of certain financial instruments: June 30, 2020 December 31, 2019 (In millions) Carrying Estimated Level Carrying Estimated Level Financial assets: HTM investment securities $ 688 $ 691 2 $ 592 $ 597 2 Loans and leases (including loans held for sale), net of allowance 54,374 53,988 3 48,343 47,958 3 Financial liabilities: Time deposits 3,663 3,690 2 4,719 4,725 2 Long-term debt 1,353 1,320 2 1,723 1,751 2 This summary excludes financial assets and liabilities for which carrying value approximates fair value and financial instruments that are recorded at fair value on a recurring basis. For additional information regarding the financial instruments within the scope of this disclosure, and the methods and significant assumptions used to estimate their fair value, see Note 3 of our 2019 Annual Report on Form 10-K. |
Offsetting Assets and Liabiliti
Offsetting Assets and Liabilities | 6 Months Ended |
Jun. 30, 2020 | |
Offsetting Assets and Liabilities [Abstract] | |
Offsetting Assets and Liabilities | OFFSETTING ASSETS AND LIABILITIES Gross and net information for selected financial instruments in the balance sheet is as follows: June 30, 2020 (In millions) Gross amounts not offset in the balance sheet Description Gross amounts recognized Gross amounts offset in the balance sheet Net amounts presented in the balance sheet Financial instruments Cash collateral received/pledged Net amount Assets: Federal funds sold and security resell agreements $ 634 $ (368) $ 266 $ — $ — $ 266 Derivatives (included in other assets) 483 — 483 (1) — 482 Total assets $ 1,117 $ (368) $ 749 $ (1) $ — $ 748 Liabilities: Federal funds purchased and other short-term borrowings $ 1,228 $ (368) $ 860 $ — $ — $ 860 Derivatives (included in other liabilities) 40 — 40 (1) (32) 7 Total Liabilities $ 1,268 $ (368) $ 900 $ (1) $ (32) $ 867 December 31, 2019 (In millions) Gross amounts not offset in the balance sheet Description Gross amounts recognized Gross amounts offset in the balance sheet Net amounts presented in the balance sheet Financial instruments Cash collateral received/pledged Net amount Assets: Federal funds sold and security resell agreements $ 694 $ (210) $ 484 $ — $ — $ 484 Derivatives (included in other assets) 153 — 153 (6) — 147 Total assets $ 847 $ (210) $ 637 $ (6) $ — $ 631 Liabilities: Federal funds purchased and other short-term borrowings $ 2,263 $ (210) $ 2,053 $ — $ — $ 2,053 Derivatives (included in other liabilities) 19 — 19 (6) (10) 3 Total Liabilities $ 2,282 $ (210) $ 2,072 $ (6) $ (10) $ 2,056 Security repurchase and reverse repurchase (“resell”) agreements are offset, when applicable, in the balance sheet according to master netting agreements. Security repurchase agreements are included with “Federal funds purchased and other short-term borrowings.” Derivative instruments may be offset under their master netting agreements; however, for accounting purposes, we present these items on a gross basis in the Bank’s balance sheet. See Note 7 for further information regarding derivative instruments. |
Investments
Investments | 6 Months Ended |
Jun. 30, 2020 | |
Investments [Abstract] | |
Investments | INVESTMENTS Investment Securities Securities are classified as HTM, AFS or trading. HTM securities, which management has the intent and ability to hold until maturity, are carried at amortized cost. AFS securities are carried at fair value and unrealized gains and losses are reported as net increases or decreases to accumulated other comprehensive income (“AOCI”). Trading securities are carried at fair value with gains and losses recognized in current period earnings. The carrying values of our securities do not include accrued interest receivables of $54 million and $58 million at June 30, 2020 and December 31, 2019, respectively. These receivables are presented in the Consolidated Balance Sheet within the Other Assets line item. The purchase premiums for callable debt securities classified as HTM or AFS are amortized at an effective yield to the earliest call date. The purchase premiums and discounts for all other HTM and AFS securities are recognized in interest income over the contractual life of the security using the effective yield method. As principal repayments are received on securities, a proportionate amount of the related premium or discount is recognized in income so that the effective yield on the remaining portion of the security continues unchanged. Note 3 of our 2019 Annual Report on Form 10-K discusses the process to estimate fair value for investment securities. June 30, 2020 (In millions) Amortized Gross unrealized gains Gross unrealized losses Estimated Held-to-maturity Municipal securities $ 688 $ 5 $ 2 $ 691 Available-for-sale U.S. Treasury securities 100 — — 100 U.S. Government agencies and corporations: Agency securities 1,241 36 1 1,276 Agency guaranteed mortgage-backed securities 9,911 304 2 10,213 Small Business Administration loan-backed securities 1,325 — 39 1,286 Municipal securities 1,239 62 — 1,301 Other debt securities 25 — — 25 Total available-for-sale debt securities 13,841 402 42 14,201 Total investment securities $ 14,529 $ 407 $ 44 $ 14,892 December 31, 2019 (In millions) Amortized Gross unrealized gains Gross unrealized losses Estimated Held-to-maturity Municipal securities $ 592 $ 5 $ — $ 597 Available-for-sale U.S. Treasury securities 25 — — 25 U.S. Government agencies and corporations: Agency securities 1,301 5 4 1,302 Agency guaranteed mortgage-backed securities 9,518 83 42 9,559 Small Business Administration loan-backed securities 1,535 1 41 1,495 Municipal securities 1,282 37 — 1,319 Other debt securities 25 — — 25 Total available-for-sale debt securities 13,686 126 87 13,725 Total investment securities $ 14,278 $ 131 $ 87 $ 14,322 Maturities The following schedule shows the amortized cost and weighted average yields of investment debt securities by contractual maturity of principal payments as of June 30, 2020. Actual principal payments may differ from contractual or expected principal payments because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. June 30, 2020 Total debt investment securities Due in one year or less Due after one year through five years Due after five years through ten years Due after ten years (In millions) Amortized cost Avg yield Amortized cost Avg yield Amortized cost Avg yield Amortized cost Avg yield Amortized cost Avg yield Held-to-maturity Municipal securities 1 $ 688 3.41 % $ 191 2.64 % $ 237 3.38 % $ 148 3.87 % $ 112 4.18 % Available-for-sale U.S. Treasury securities 100 0.17 100 0.17 — — — — — — U.S. Government agencies and corporations: Agency securities 1,241 2.40 61 0.99 155 1.52 399 2.61 626 2.62 Agency guaranteed mortgage-backed securities 9,911 2.23 2 3.60 187 1.49 927 1.81 8,795 2.30 Small Business Administration loan-backed securities 1,325 1.45 — — 26 1.20 159 1.47 1,140 1.46 Municipal securities 1 1,239 2.56 83 1.90 560 2.26 494 2.85 102 3.39 Other debt securities 25 6.28 — — — — 10 9.50 15 4.13 Total available-for-sale debt securities 13,841 2.19 246 0.98 928 1.95 1,989 2.24 10,678 2.24 Total investment securities $ 14,529 2.26 % $ 437 1.71 % $ 1,165 2.24 % $ 2,137 2.35 % $ 10,790 2.26 % 1 The yields on tax-exempt securities are calculated on a tax-equivalent basis. The following is a summary of the amount of gross unrealized losses for debt securities and the estimated fair value by length of time the securities have been in an unrealized loss position: June 30, 2020 Less than 12 months 12 months or more Total (In millions) Gross Estimated Gross Estimated Gross Estimated Held-to-maturity Municipal securities $ 1 $ 84 $ 1 $ 19 $ 2 $ 103 Available-for-sale U.S. Treasury securities — 25 — — — 25 U.S. Government agencies and corporations: Agency securities 1 74 — 69 1 143 Agency guaranteed mortgage-backed securities — 176 2 249 2 425 Small Business Administration loan-backed securities 1 149 38 1,070 39 1,219 Municipal securities — 22 — — — 22 Other — 15 — — — 15 Total available-for-sale 2 461 40 1,388 42 1,849 Total investment securities $ 3 $ 545 $ 41 $ 1,407 $ 44 $ 1,952 December 31, 2019 Less than 12 months 12 months or more Total (In millions) Gross Estimated Gross Estimated Gross Estimated Held-to-maturity Municipal securities $ — $ 73 $ — $ 45 $ — $ 118 Available-for-sale U.S. Government agencies and corporations: Agency securities 2 222 2 359 4 581 Agency guaranteed mortgage-backed securities 4 1,173 38 3,215 42 4,388 Small Business Administration loan-backed securities 1 172 40 1,215 41 1,387 Municipal securities — 50 — 5 — 55 Other — — — — — — Total available-for-sale 7 1,617 80 4,794 87 6,411 Total investment securities $ 7 $ 1,690 $ 80 $ 4,839 $ 87 $ 6,529 At June 30, 2020 and December 31, 2019, respectively, 103 and 146 HTM and 520 and 849 AFS investment securities were in an unrealized loss position. Impairment Ongoing Policy We review investment securities on a quarterly basis for the presence of impairment. For AFS securities, we assess whether impairment is present on an individual security basis when the fair value of a debt security is less than its amortized cost basis at the balance sheet date. When determining if the fair value of an investment is less than the amortized cost basis we have elected to exclude accrued interest from the amortized cost basis of the investment. If we have an intent to sell an identified security, or it is more likely than not we will be required to sell the security before recovery of its amortized cost basis, then we recognize an impairment equal to any existing allowance written off against the security. If we do not have the intent to sell a security, and it is more likely than not that we will not be required to sell a security prior to recovery of its amortized cost basis, then we determine whether there is any impairment attributable to credit-related factors. We analyze certain factors, primarily internal and external credit ratings, to determine if the decline in fair value below the amortized cost basis has resulted from a credit loss or other factors. If a credit impairment is determined to exist, then we measure the amount of credit loss and recognize an allowance for the credit loss. In measuring the credit loss, we generally compare the present value of cash flows expected to be collected from the security to the amortized cost basis of the security. These cash flows are credit adjusted using, among other things, assumptions for default probability and loss severity. Certain other unobservable inputs such as prepayment rate assumptions are also utilized. In addition, certain internal models may be utilized. To determine the credit-related portion of impairment we use the security-specific effective interest rate when estimating the present value of cash flows. If the present value of cash flows is less than the amortized cost basis of the security, then this amount is recorded as an allowance for credit loss, limited to the amount that the fair value is less than the amortized cost basis (i.e., the credit impairment cannot result in the security being carried at an amount lower than its fair value). The assumptions used to estimate the expected cash flows depends on the particular asset class, structure and credit rating of the security. Declines in fair value that are not recorded in the allowance are recorded in other comprehensive income, net of applicable taxes. AFS Impairment Conclusions The Bank did not recognize any impairment on its AFS investment securities portfolio during the first six months of 2020. Unrealized losses relate to changes in interest rates subsequent to purchase and are not attributable to credit. At June 30, 2020, we had not initiated any sales of AFS securities nor did we have an intent to sell any identified securities with unrealized losses, and we do not believe it is more likely than not we would be required to sell such securities before recovery of their amortized cost basis. HTM Credit Quality For HTM securities, the allowance for credit losses ("ACL") is assessed consistent with the approach discussed in Note 6 for loans carried at amortized cost. The ACL on HTM securities was less than $1 million at June 30, 2020. All HTM securities were risk-graded as "pass" in terms of credit quality and none were past due as of June 30, 2020. The amortized cost basis of HTM securities categorized by year of issuance is summarized as follows: June 30, 2020 Amortized cost basis by year of issuance (In millions) 2020 2019 2018 2017 2016 Prior Total Securities Held-to-maturity $ 153 $ 32 $ 1 $ 44 $ 203 $ 255 $ 688 Securities Gains and Losses Recognized in Income The following summarizes gains and losses that were recognized in the statement of income: Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 (In millions) Gross gains Gross losses Gross gains Gross losses Gross gains Gross losses Gross gains Gross losses Other noninterest-bearing investments $ 3 $ 7 $ 1 $ 4 $ 8 $ 17 $ 5 $ 7 Net losses 1 $ (4) $ (3) $ (9) $ (2) 1 Net losses were recognized in securities losses, net in the statement of income. Interest income by security type is as follows: Three Months Ended June 30, 2020 2019 (In millions) Taxable Nontaxable Total Taxable Nontaxable Total Investment securities: Held-to-maturity $ 3 $ 2 $ 5 $ 2 $ 4 $ 6 Available-for-sale 67 7 74 81 6 87 Trading — 1 1 — 2 2 Total securities $ 70 $ 10 $ 80 $ 83 $ 12 $ 95 Six Months Ended June 30, 2020 2019 (In millions) Taxable Nontaxable Total Taxable Nontaxable Total Investment securities: Held-to-maturity $ 5 $ 5 $ 10 $ 4 $ 8 $ 12 Available-for-sale 135 13 148 164 12 176 Trading — 3 3 — 3 3 Total $ 140 $ 21 $ 161 $ 168 $ 23 $ 191 Investment securities with a carrying value of $2.0 billion at both June 30, 2020 and December 31, 2019, were pledged to secure public and trust deposits, advances, and for other purposes as required by law. Securities are also pledged as collateral for security repurchase agreements. |
Loans, Leases, And Allowance Fo
Loans, Leases, And Allowance For Credit Losses | 6 Months Ended |
Jun. 30, 2020 | |
Loans And Allowance For Credit Losses [Abstract] | |
Loans, Leases, And Allowance For Credit Losses | LOANS, LEASES, AND ALLOWANCE FOR CREDIT LOSSES Loans, Leases, and Loans Held for Sale Loans and leases are summarized as follows according to major portfolio segment and specific loan class: (In millions) June 30, December 31, Loans held for sale $ 105 $ 129 Commercial: Commercial and industrial $ 14,076 $ 14,760 PPP 6,690 — Leasing 324 334 Owner-occupied 8,083 7,901 Municipal 2,535 2,393 Total commercial 31,708 25,388 Commercial real estate: Construction and land development 2,367 2,211 Term 9,587 9,344 Total commercial real estate 11,954 11,555 Consumer: Home equity credit line 2,856 2,917 1-4 family residential 7,393 7,568 Construction and other consumer real estate 640 624 Bankcard and other revolving plans 437 502 Other 141 155 Total consumer 11,467 11,766 Total loans and leases $ 55,129 $ 48,709 Loans and leases are presented at their amortized cost basis, which includes net unamortized purchase premiums, discounts, and deferred loan fees and costs totaling $212 million and $48 million at June 30, 2020 and December 31, 2019, respectively. Amortized cost basis does not include accrued interest receivables of $183 million and $164 million at June 30, 2020 and December 31, 2019, respectively. These receivables are presented in the Consolidated Balance Sheet within the Other Assets line item. Municipal loans generally include loans to state and local governments (“municipalities”) with the debt service being repaid from general funds or pledged revenues of the municipal entity, or to private commercial entities or 501(c)(3) not-for-profit entities utilizing a pass-through municipal entity to achieve favorable tax treatment. Land acquisition and development loans included in the construction and land development loan portfolio were $142 million at June 30, 2020 and $158 million at December 31, 2019. Loans with a carrying value of $26.6 billion at June 30, 2020 and $21.5 billion at December 31, 2019 have been pledged at the Federal Reserve or the FHLB of Des Moines as collateral for current and potential borrowings. We sold loans totaling $608 million and $907 million for the three and six months ended June 30, 2020 and $132 million and $250 million for the three and six months ended June 30, 2019 , respectively, that were classified as loans held for sale. The sold loans were derecognized from the balance sheet. Loans classified as loans held for sale primarily consist of conforming residential mortgages and the guaranteed portion of Small Business Administration (“SBA”) loans, and does not consist of loans from the SBA's Payroll Protection Program. The loans are mainly sold to U.S. government agencies or participated to third parties. At times, we have continuing involvement in the transferred loans in the form of servicing rights or a guarantee from the respective issuer. Amounts added to loans held for sale during these same periods were $602 million and $917 million for the three and six months ended June 30, 2020 and $170 million and $263 million for the three and six months ended June 30, 2019 , respectively. See Note 5 for further information regarding guaranteed securities. The principal balance of sold loans for which we retain servicing was approximately $2.3 billion at June 30, 2020 and $1.7 billion at December 31, 2019. Income from loans sold, excluding servicing, was $13 million and $26 million for the three and six months ended June 30, 2020, and $3 million and $5 million for the three and six months ended June 30, 2019, respectively. Allowance for Credit Losses The allowance for credit losses (“ACL”), which consists of the allowance for loan and lease losses ("ALLL") and the reserve for unfunded lending commitments, represents our estimate of current expected credit losses over the contractual term of the loan and lease portfolio and unfunded lending commitments as of the balance sheet date. The ACL for AFS and HTM debt securities is estimated separately from loans. For HTM securities, the ACL is assessed consistent with the approach for loans carried at amortized cost. See Note 5 for further discussion on our assessment of expected credit losses on AFS securities and disclosures related to AFS and HTM securities. We determine our ACL as the best estimate within a range of estimated current expected losses by using the loan’s amortized cost basis (principal balance, net of unamortized premiums, discounts, and deferred fees and costs). We do not estimate the ACL for accrued interest receivables because we reverse or write-off uncollectible accrued interest receivable balances in a timely manner, generally within one month. The methodologies we use to estimate the ACL depend upon the type of loan, the age and contractual term of the loan, expected payments (both contractual and assumed prepayments), credit quality indicators, economic forecasts, and the evaluation method (whether individually or collectively evaluated). Expected loan extensions, renewals, or modifications are not considered in the ACL, unless they are included in the original or modified contract at the reporting date and are not unconditionally cancellable, or we reasonably expect them to result in a TDR. Losses are charged to the ACL when recognized. Generally, commercial and commercial real estate (“CRE”) loans are charged off or charged down when they are determined to be uncollectible in whole or in part, or when 180 days past due, unless the loan is well-secured and in process of collection. Consumer loans are either charged off or charged down to net realizable value no later than the month in which they become 180 days past due. Closed-end consumer loans that are not secured by residential real estate are either charged off or charged down to net realizable value no later than the month in which they become 120 days past due. We establish the amount of the ACL by analyzing the portfolio at least quarterly, and we adjust the provision for loan losses and unfunded lending commitments to ensure the ACL is at an appropriate level at the balance sheet date. For commercial and CRE loans with commitments greater than $1 million, we assign internal risk grades using a comprehensive loan grading system based on financial and statistical models, individual credit analysis, and loan officer experience and judgment. The credit quality indicators discussed subsequently are based on this grading system. Estimated credit losses on all loan segments, including consumer and small commercial and CRE loans with commitments less than or equal to $1 million that are evaluated on a collective basis, are derived from statistical analyses of our historical default and loss experience since January 2008. We estimate current expected credit losses over the contractual remaining life of each loan, which considers historical credit loss experience, current conditions, and reasonable and supportable forecasts about the future. We use the following two types of credit loss estimation models: • Econometric loss models, which rely on statistical analyses of our historical loss experience dependent upon economic factors and other loan-level characteristics. Statistically relevant economic factors vary depending upon the type of loan, but include variables such as unemployment, real estate price indices, energy prices, GDP, etc. • Loss models that are based on our long-term average historical credit loss experience since 2008, which rely on statistical analyses of our historical loss experience dependent upon loan-level characteristics. Estimated credit losses during the first 12 months of a loan’s contractual remaining life, or reasonable and supportable period, are derived from the econometric loss models. Over a subsequent 12-month reversion period, we blend the estimated credit losses from the two models on a straight-line basis. For the remaining life of the loan, the estimated credit losses are derived from the long-term average historical credit loss models. For loans that do not share risk characteristics with other loans, we estimate lifetime expected credit losses on an individual basis. We consider individually-evaluated loans to be nonaccrual loans with a balance greater than $1 million; TDR loans, including TDRs that subsequently default; a loan no longer reported as a TDR; or a loan where we reasonably expect it to become a TDR. When a loan is individually-evaluated for expected credit losses, we estimate a specific reserve for the loan based on the projected present value of the loan’s future cash flows discounted at the loan’s effective interest rate, or the observable market price of the loan, or the fair value of the loan’s underlying collateral. The process of estimating future cash flows also incorporates the same determining factors discussed subsequently under nonaccrual loans. When we base the specific reserve on the fair value of the loan’s underlying collateral, we generally charge off the portion of the balance that is greater than fair value. For these loans, subsequent to the charge-off, if the fair value of the loan's underlying collateral increases according to an updated appraisal, we hold a negative reserve up to the lesser of the amount of the charge-off or the updated fair value. The methodologies described above generally rely on historical loss information to help determine our quantitative portion of the ACL. However, we also consider other qualitative and environmental factors related to current conditions and reasonable and supportable forecasts that may indicate current expected credit losses may differ from the historical information reflected in our quantitative models. Thus, after applying historical loss experience, as described above, we review the quantitative portion of ACL for each segment using qualitative criteria, and we use those criteria to determine our qualitative estimate. We monitor various risk factors that influence our judgment regarding the level of the ACL across the portfolio segments. These factors primarily include: • Actual and expected changes in international, national, regional, and local economic and business conditions and developments; • The volume and severity of past due loans, the volume of nonaccrual loans, and the volume and severity of adversely classified or graded loans; • Lending policies and procedures, including changes in underwriting standards and practices for collection, charge-off, and recovery; • The experience, ability, and depth of lending management and other relevant staff; • The nature and volume of the portfolio; • The quality of the credit review function; • The existence, growth, and effect of any concentration of credit; • The effect of other external factors such as regulatory, legal, and technological environments; competition; and events such as natural disasters and pandemics. The magnitude of the impact of these factors on our qualitative assessment of the ACL changes from quarter to quarter according to changes made by management in its assessment of these factors, the extent these factors are already reflected in quantitative loss estimates, and the extent changes in these factors diverge from one to another. We also consider the uncertainty and imprecision inherent in the estimation process when evaluating the ACL. Off-Balance-Sheet Credit Exposures As previously discussed, we estimate current expected credit losses for off-balance-sheet loan commitments, including standby letters of credit, that are not unconditionally cancellable. This estimate uses the same procedures and methodologies described previously for loans and is calculated by taking the difference between the estimated current expected credit loss and the funded balance, if greater than zero. Changes in the Allowance for Credit Losses On January 1, 2020, we adopted Accounting Standards Update (“ASU”) 2016-13, Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , and its subsequent updates, often referred to as the Current Expected Credit Loss ("CECL") standard. Due to the adoption of the standard, the ACL methodology explained above has significantly changed from the prior period. For more information on our previous ACL methodology, see Note 6 in our 2019 Annual Report on Form 10-K. The ACL was $914 million at June 30, 2020, compared with $777 million at March 31, 2020. During the second quarter of 2020, our estimate of current expected credit losses increased primarily due to the ongoing economic impact related to the effects of the COVID-19 pandemic. Changes in the ACL are summarized as follows: Three Months Ended June 30, 2020 (In millions) Commercial Commercial Consumer Total Allowance for loan losses Balance at beginning of period $ 413 $ 128 $ 189 $ 730 Provision for loan losses 186 16 (41) 161 Gross loan and lease charge-offs 31 — 5 36 Recoveries 3 — 2 5 Net loan and lease charge-offs (recoveries) 28 — 3 31 Balance at end of period $ 571 $ 144 $ 145 $ 860 Reserve for unfunded lending commitments Balance at beginning of period $ 16 $ 23 $ 8 $ 47 Provision for unfunded lending commitments 11 (3) (1) 7 Balance at end of period $ 27 $ 20 $ 7 $ 54 Total allowance for credit losses at end of period Allowance for loan losses $ 571 $ 144 $ 145 $ 860 Reserve for unfunded lending commitments 27 20 7 54 Total allowance for credit losses $ 598 $ 164 $ 152 $ 914 Six Months Ended June 30, 2020 (In millions) Commercial Commercial Consumer Total Allowance for loan losses Balance at December 31, 2019 $ 341 $ 101 $ 53 $ 495 Adjustment for change in accounting standard (59) (32) 93 2 Balance at beginning of period (January 1, 2020) 282 69 146 497 Provision for loan losses 323 75 3 401 Gross loan and lease charge-offs 41 — 8 49 Recoveries 7 — 4 11 Net loan and lease charge-offs (recoveries) 34 — 4 38 Balance at end of period $ 571 $ 144 $ 145 $ 860 Reserve for unfunded lending commitments Balance at December 31, 2019 $ 39 $ 20 $ — $ 59 Adjustment for change in accounting standard (28) (8) 6 (30) Balance at beginning of period (January 1, 2020) 11 12 6 29 Provision for unfunded lending commitments 16 8 1 25 Balance at end of period $ 27 $ 20 $ 7 $ 54 Total allowance for credit losses at end of period Allowance for loan losses $ 571 $ 144 $ 145 $ 860 Reserve for unfunded lending commitments 27 20 7 54 Total allowance for credit losses $ 598 $ 164 $ 152 $ 914 Three Months Ended June 30, 2019 (In millions) Commercial Commercial Consumer Total Allowance for loan losses Balance at beginning of period $ 328 $ 113 $ 56 $ 497 Provision for loan losses 23 1 (4) 20 Gross loan and lease charge-offs 19 — 4 23 Recoveries 6 — 3 9 Net loan and lease charge-offs (recoveries) 13 — 1 14 Balance at end of period $ 338 $ 114 $ 51 $ 503 Reserve for unfunded lending commitments Balance at beginning of period $ 42 $ 17 $ — $ 59 Provision for unfunded lending commitments (1) 2 — 1 Balance at end of period $ 41 $ 19 $ — $ 60 Total allowance for credit losses at end of period Allowance for loan losses $ 338 $ 114 $ 51 $ 503 Reserve for unfunded lending commitments 41 19 — 60 Total allowance for credit losses $ 379 $ 133 $ 51 $ 563 Six Months Ended June 30, 2019 (In millions) Commercial Commercial Consumer Total Allowance for loan losses Balance at beginning of period $ 331 $ 110 $ 54 $ 495 Provision for loan losses 22 2 (2) 22 Gross loan and lease charge-offs 27 1 7 35 Recoveries 12 3 6 21 Net loan and lease charge-offs (recoveries) 15 (2) 1 14 Balance at end of period $ 338 $ 114 $ 51 $ 503 Reserve for unfunded lending commitments Balance at beginning of period $ 40 $ 17 $ — $ 57 Provision for unfunded lending commitments 1 2 — 3 Balance at end of period $ 41 $ 19 $ — $ 60 Total allowance for credit losses at end of period Allowance for loan losses $ 338 $ 114 $ 51 $ 503 Reserve for unfunded lending commitments 41 19 — 60 Total allowance for credit losses $ 379 $ 133 $ 51 $ 563 Nonaccrual Loans Loans are generally placed on nonaccrual status when payment in full of principal and interest is not expected, or the loan is 90 days or more past due as to principal or interest, unless the loan is both well-secured and in the process of collection. Factors we consider in determining whether a loan is placed on nonaccrual include delinquency status, collateral value, borrower or guarantor financial statement information, bankruptcy status, and other information which would indicate that the full and timely collection of interest and principal is uncertain. A nonaccrual loan may be returned to accrual status when all delinquent interest and principal become current in accordance with the terms of the loan agreement; the loan, if secured, is well-secured; the borrower has paid according to the contractual terms for a minimum of six months; and an analysis of the borrower indicates a reasonable assurance of the ability and willingness to maintain payments. The amortized cost basis of loans on nonaccrual status are summarized as follows: June 30, 2020 Amortized cost basis Total amortized cost basis (In millions) with no allowance with allowance Related allowance Commercial: Commercial and industrial $ 26 $ 146 $ 172 $ 33 PPP — — — — Leasing — 1 1 — Owner-occupied 29 39 68 2 Municipal — — — — Total commercial 55 186 241 35 Commercial real estate: Construction and land development — — — — Term 14 9 23 1 Total commercial real estate 14 9 23 1 Consumer: Home equity credit line 1 14 15 2 1-4 family residential 9 50 59 3 Construction and other consumer real estate — — — — Bankcard and other revolving plans — 1 1 1 Other — — — — Total consumer loans 10 65 75 6 Total $ 79 $ 260 $ 339 $ 42 The amount of accrued interest receivables written off by reversing interest income during the period is summarized by loan portfolio segment as follows: (In millions) Three Months Ended Six Months Ended Commercial $ 4 $ 8 Commercial real estate 1 1 Consumer — — Total $ 5 $ 9 Past Due Loans Closed-end loans with payments scheduled monthly are reported as past due when the borrower is in arrears for two or more monthly payments. Similarly, open-end credits, such as charge-card plans and other revolving credit plans, are reported as past due when the minimum payment has not been made for two or more billing cycles. Other multi-payment obligations (i.e., quarterly, semi-annual, etc.), single payment, and demand notes, are reported as past due when either principal or interest is due and unpaid for a period of 30 days or more. Past due loans (accruing and nonaccruing) are summarized as follows: June 30, 2020 (In millions) Current 30-89 days 90+ days Total Total Accruing Nonaccrual loans that are current 1 Commercial: Commercial and industrial $ 13,912 $ 104 $ 60 $ 164 $ 14,076 $ 5 $ 108 PPP 6,690 — — — 6,690 — — Leasing 324 — — — 324 — 1 Owner-occupied 8,028 29 26 55 8,083 2 40 Municipal 2,535 — — — 2,535 — — Total commercial 31,489 133 86 219 31,708 7 149 Commercial real estate: Construction and land development 2,357 10 — 10 2,367 — — Term 9,542 23 22 45 9,587 8 6 Total commercial real estate 11,899 33 22 55 11,954 8 6 Consumer: Home equity credit line 2,850 2 4 6 2,856 — 10 1-4 family residential 7,338 15 40 55 7,393 — 16 Construction and other consumer real estate 638 2 — 2 640 — — Bankcard and other revolving plans 433 3 1 4 437 1 — Other 140 1 — 1 141 — — Total consumer loans 11,399 23 45 68 11,467 1 26 Total $ 54,787 $ 189 $ 153 $ 342 $ 55,129 $ 16 $ 181 December 31, 2019 (In millions) Current 30-89 days 90+ days Total Total Accruing Nonaccrual loans that are current 1 Commercial: Commercial and industrial $ 14,665 $ 57 $ 38 $ 95 $ 14,760 $ 8 $ 54 PPP — — — — — — — Leasing 334 — — — 334 1 — Owner-occupied 7,862 20 19 39 7,901 — 44 Municipal 2,393 — — — 2,393 — — Total commercial 25,254 77 57 134 25,388 9 98 Commercial real estate: Construction and land development 2,206 5 — 5 2,211 — 1 Term 9,333 8 3 11 9,344 — 10 Total commercial real estate 11,539 13 3 16 11,555 — 11 Consumer: Home equity credit line 2,908 6 3 9 2,917 — 7 1-4 family residential 7,532 12 24 36 7,568 — 13 Construction and other consumer real estate 624 — — — 624 — — Bankcard and other revolving plans 499 2 1 3 502 1 — Other 154 1 — 1 155 — — Total consumer loans 11,717 21 28 49 11,766 1 20 Total $ 48,510 $ 111 $ 88 $ 199 $ 48,709 $ 10 $ 129 1 Represents nonaccrual loans that are not past due more than 30 days; however, full payment of principal and interest is still not expected. Credit Quality Indicators In addition to the nonaccrual and past due criteria, we also analyze loans using loan risk-grading systems, which vary based on the size and type of credit risk exposure. The internal risk grades assigned to loans follow our definitions of Pass, Special Mention, Substandard, and Doubtful, which are consistent with published definitions of regulatory risk classifications. Definitions of Pass, Special Mention, Substandard, and Doubtful are summarized as follows: • Pass – A Pass asset is higher-quality and does not fit any of the other categories described below. The likelihood of loss is considered low. • Special Mention – A Special Mention asset has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the Bank’s credit position at some future date. • Substandard – A Substandard asset is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified have well-defined weaknesses and are characterized by the distinct possibility that the Bank may sustain some loss if deficiencies are not corrected. • Doubtful – A Doubtful asset has all the weaknesses inherent in a Substandard asset with the added characteristics that the weaknesses make collection or liquidation in full highly questionable and improbable. The balance of loans classified as Doubtful as of June 30, 2020 and December 31, 2019 was insignificant. We generally assign internal risk grades to commercial and CRE loans with commitments greater than $1 million based on financial and statistical models, individual credit analysis, and loan officer experience and judgment. For these larger loans, we assign one of multiple grades within the Pass classification or one of the following four grades: Special Mention, Substandard, Doubtful, and Loss. Loss indicates that the outstanding balance has been charged off. We confirm our internal risk grades quarterly, or as soon as we identify information that affects the credit risk of the loan. For consumer loans and certain small commercial and CRE loans with commitments less than or equal to $1 million, we generally assign internal risk grades similar to those described previously based on automated rules that depend on refreshed credit scores, payment performance, and other risk indicators. These are generally assigned either a Pass or Substandard grade and are reviewed as we identify information that might warrant a grade change. The amortized cost basis of loans and leases categorized by year of origination and by credit quality classifications as monitored by management are summarized as follows: June 30, 2020 Term Loans Revolving loans amortized cost basis Revolving loans converted to term loans amortized cost basis Amortized cost basis by year of origination (In millions) 2020 2019 2018 2017 2016 Prior Total Commercial: Commercial and industrial Pass $ 1,084 $ 3,456 $ 2,401 $ 1,312 $ 516 $ 317 $ 3,430 $ 37 $ 12,553 Special Mention 45 186 160 90 14 63 135 1 694 Accruing Substandard 28 159 203 93 24 23 124 3 657 Nonaccrual 1 33 12 37 10 17 32 30 172 Total commercial and industrial 1,158 3,834 2,776 1,532 564 420 3,721 71 14,076 PPP Pass 6,690 — — — — — — — 6,690 Special Mention — — — — — — — — — Accruing Substandard — — — — — — — — — Nonaccrual — — — — — — — — — Total leasing 6,690 — — — — — — — 6,690 Leasing Pass 49 127 52 40 20 9 — — 297 Special Mention — 9 3 2 1 7 — — 22 Accruing Substandard — 2 1 1 — — — — 4 Nonaccrual — — — — 1 — — — 1 Total leasing 49 138 56 43 22 16 — — 324 Owner-occupied Pass 739 1,370 1,306 1,028 718 2,096 156 17 7,430 Special Mention 36 53 63 42 42 45 14 — 295 Accruing Substandard 15 36 42 39 35 112 10 1 290 Nonaccrual — 9 14 11 7 26 — 1 68 Total owner-occupied 790 1,468 1,425 1,120 802 2,279 180 19 8,083 Municipal Pass 371 890 408 487 79 260 — 1 2,496 Special Mention — — — — — 14 — — 14 Accruing Substandard — — 21 — — 4 — — 25 Nonaccrual — — — — — — — — — Total municipal 371 890 429 487 79 278 — 1 2,535 Total commercial 9,058 6,330 4,686 3,182 1,467 2,993 3,901 91 31,708 June 30, 2020 Term Loans Revolving loans amortized cost basis Revolving loans converted to term loans amortized cost basis Amortized cost basis by year of origination (In millions) 2020 2019 2018 2017 2016 Prior Total Commercial real estate: Construction and land development Pass 357 740 604 47 13 8 457 3 2,229 Special Mention 26 40 21 27 — — 20 — 134 Accruing Substandard — 4 — — — — — — 4 Nonaccrual — — — — — — — — — Total construction and land development 383 784 625 74 13 8 477 3 2,367 Term Pass 1,444 2,052 1,739 1,014 901 1,517 77 9 8,753 Special Mention 57 161 170 89 15 157 5 — 654 Accruing Substandard 37 25 30 20 14 31 — — 157 Nonaccrual — — 1 4 — 17 1 — 23 Total term 1,538 2,238 1,940 1,127 930 1,722 83 9 9,587 Total commercial real estate 1,921 3,022 2,565 1,201 943 1,730 560 12 11,954 Consumer: Home equity credit line Pass — — — — — — 2,693 141 2,834 Accruing Substandard — — — — — — 6 1 7 Nonaccrual — — — — — — 11 4 15 Total home equity credit line — — — — — — 2,710 146 2,856 1-4 family residential Pass 563 1,107 1,017 1,320 1,373 1,951 — — 7,331 Accruing Substandard — — 1 — 1 1 — — 3 Nonaccrual — 2 3 10 8 36 — — 59 Total 1-4 family residential 563 1,109 1,021 1,330 1,382 1,988 — — 7,393 Construction and other consumer real estate Pass 54 354 187 28 2 15 — — 640 Accruing Substandard — — — — — — — — — Nonaccrual — — — — — — — — — Total construction and other consumer real estate 54 354 187 28 2 15 — — 640 Bankcard and other revolving plans Pass — — — — — — 431 1 432 Accruing Substandard — — — — — — 4 — 4 Nonaccrual — — — — — — 1 — 1 Total bankcard and other revolving plans — — — — — — 436 1 437 Other consumer Pass 35 49 32 16 6 3 — — 141 Accruing Substandard — — — — — — — — — Nonaccrual — — — — — — — — — Total other consumer 35 49 32 16 6 3 — — 141 Total consumer 652 1,512 1,240 1,374 1,390 2,006 3,146 147 11,467 Total loans $ 11,631 $ 10,864 $ 8,491 $ 5,757 $ 3,800 $ 6,729 $ 7,607 $ 250 $ 55,129 Modified and Restructured Loans Loans may be modified in the normal course of business for competitive reasons or to strengthen the Bank’s position. Loan modifications and restructurings may also occur when the borrower experiences financial difficulty and needs temporary or permanent relief from the original contractual terms of the loan. Loans that have been modified to accommodate a borrower who is experiencing financial difficulties, and for which the Bank has granted a concession that it would not otherwise consider, are considered troubled debt restructurings (“TDRs”). Consistent with recent accounting and regulatory guidance, loan modifications provided to borrowers experiencing financial difficulties exclusively related to the COVID-19 pandemic, in which we provide certain short-term modifications or payment deferrals, are not classified as TDRs. The TDRs disclosed subsequently do not include these loan modifications. For further discussion of our policies and processes regarding TDRs, see Note 6 of our 2019 Annual Report on Form 10-K. Selected information on TDRs that includes the recorded investment on an accruing and nonaccruing basis by loan class and modification type is summarized in the following schedules: June 30, 2020 Recorded investment resulting from the following modification types: (In millions) Interest Maturity Principal Payment Other 1 Multiple modification types 2 Total Accruing Commercial: Commercial and industrial $ 1 $ 5 $ — $ — $ 7 $ 3 $ 16 Owner-occupied 3 1 — 3 4 9 20 Total commercial 4 6 — 3 11 12 36 Commercial real estate: Term 1 — — 7 94 24 126 Total commercial real estate 1 — — 7 94 24 126 Consumer: Home equity credit line — 1 7 — 1 2 11 1-4 family residential 1 1 4 — 1 17 24 Construction and other consumer real estate — — — — — — — Total consumer loans 1 2 11 — 2 19 35 Total accruing 6 8 11 10 107 55 197 Nonaccruing Commercial: Commercial and industrial — — — 10 4 51 65 Owner-occupied 5 — — — 1 2 8 Municipal — — — — — — — Total commercial 5 — — 10 5 53 73 Commercial real estate: Term 1 — — 1 3 2 7 Total commercial real estate 1 — — 1 3 2 7 Consumer: Home equity credit line — — 1 — — — 1 1-4 family residential — — 1 1 — 5 7 Total consumer loans — — 2 1 — 5 8 Total nonaccruing 6 — 2 12 8 60 88 Total $ 12 $ 8 $ 13 $ 22 $ 115 $ 115 $ 285 1 Includes TDRs that resulted from other modification types including, but not limited to, a legal judgment awarded on different terms, a bankruptcy plan confirmed on different terms, a settlement that includes the delivery of collateral in exchange for debt reduction, etc. 2 Includes TDRs that resulted from a combination of any of the previous modification types. December 31, 2019 Recorded investment resulting from the following modification types: (In millions) Interest Maturity Principal Payment Other 1 Multiple modification types 2 Total Accruing Commercial: Commercial and industrial $ 1 $ 2 $ — $ — $ 8 $ 5 $ 16 Owner-occupied 3 1 — — 4 7 15 Total commercial 4 3 — — 12 12 31 Commercial real estate: Term 2 — — 1 — 3 6 Total commercial real estate 2 — — 1 — 3 6 Consumer: Home equity credit line — 2 7 — — 2 11 1-4 family residential 1 1 4 — 1 22 29 Construction and other consumer real estate — 1 — — — — 1 Total consumer loans 1 4 11 — 1 24 41 Total accruing 7 7 11 1 13 39 78 Nonaccruing Commercial: Commercial and industrial — 4 — 20 4 22 50 Owner-occupied 5 — — — 1 4 10 Municipal — — — — — — — Total commercial 5 4 — 20 5 26 60 Commercial real estate: Term 1 — — — 3 3 7 Total commercial real estate 1 — — — 3 3 7 Consumer: Home equity credit line — — 2 — — — 2 1-4 family residential — — 1 — 1 4 6 Total consumer loans — — 3 — 1 4 8 Total nonaccruing 6 4 3 20 9 33 75 Total $ 13 $ 11 $ 14 $ 21 $ 22 $ 72 $ 153 1 Includes TDRs that resulted from other modification types including, but not limited to, a legal judgment awarded on different terms, a bankruptcy plan confirmed on different terms, a settlement that includes the delivery of collateral in exchange for debt reduction, etc. 2 Includes TDRs that resulted from a combination of any of the previous modification types. Unfunded lending commitments on TDRs amounted to $4 million and $5 million at June 30, 2020 and December 31, 2019, respectively. The total recorded investment of all TDRs in which interest rates were modified below market was $77 million at June 30, 2020 and $73 million at December 31, 2019. These loans are included in the previous schedule in the columns for interest rate below market and multiple modification types. The net financial impact on interest income due to interest rate modifications below market for accruing TDRs for the three and six months ended June 30, 2020 and 2019 was not significant. On an ongoing basis, we monitor the performance of all TDRs according to their restructured terms. Subsequent payment default is defined in terms of delinquency, when principal or interest payments are past due 90 days or more for commercial loans, or 60 days or more for consumer loans. The recorded investment of accruing and nonaccruing TDRs that had a payment default during the period listed below (and are still in default at period end) and are within 12 months or less of being modified as TDRs is as follows: Three Months Ended Three Months Ended (In millions) Accruing Nonaccruing Total Accruing Nonaccruing Total Commercial and industrial $ — $ 2 $ 2 $ — $ 3 $ 3 1-4 family residential — — — — 1 1 Total $ — $ 2 $ 2 $ — $ 4 $ 4 Six Months Ended Six Months Ended (In millions) Accruing Nonaccruing Total Accruing Nonaccruing Total Commercial and industrial $ — $ 3 $ 3 $ — $ 6 $ 6 Term — — — — 1 1 1-4 family residential — — — — 1 1 Construction and other consumer real estate — — — — — — Total $ — $ 3 $ 3 $ — $ 8 $ 8 Note: Total loans modified as TDRs during the 12 months previous to June 30, 2020 and 2019 were $173 million and $69 million , respectively. Collateral-Dependent Loans As discussed previously, when a loan is individually-evaluated for expected credit losses, we estimate a specific reserve for the loan based on the projected present value of the loan’s future cash flows discounted at the loan’s effective interest rate, or the observable market pri |
Derivative Instruments And Hedg
Derivative Instruments And Hedging Activities | 6 Months Ended |
Jun. 30, 2020 | |
Summary of Derivative Instruments [Abstract] | |
Derivative Instruments And Hedging Activities | DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES Objectives and Accounting The Bank is exposed to certain risks arising from both its business operations and economic conditions. Our objectives in using derivatives are to add stability to interest income or expense, to modify the duration of specific assets or liabilities as we consider advisable, to manage exposure to interest rate movements or other identified risks, and/or to directly offset derivatives sold to our customers. For a detailed discussion of the use of and accounting policies regarding derivative instruments, see Note 7 of our 2019 Annual Report on Form 10-K. Fair Value Hedges – As of June 30, 2020, the Bank had $500 million notional amount of an interest rate swap designated in a qualifying fair value hedge relationship. The hedging instrument used is a receive-fixed interest rate swap converting the interest on our fixed-rate debt to floating. The hedge is designated as a fair value hedge of the change in fair value of the London Interbank Offered Rate (“LIBOR”) benchmark swap rate component of the contractual coupon cash flows of our fixed-rate debt. The swap is structured to match the critical terms of the hedged notes, resulting in the expectation that the swap will be highly effective as a hedging instrument. All interest rate swaps designated as fair value hedges were highly effective and met all other requirements to remain designated and part of qualifying hedge accounting relationships as of the balance sheet date. During the second quarter of 2020, the fair value hedge swap portfolio increased in value by $4 million, which was offset by the change in fair value of the hedged debt, resulting in no direct earnings impact. At December 31, 2019 we had $1.5 billion of fixed-to-floating interest rate swaps designated as fair value hedges of long-term debt (effectively converting the fixed-rate debt into floating-rate debt). In late March 2020, we terminated $1 billion of swaps (i.e., two $500 million swaps with maturities in August 2021 and February 2022) with a combined fair value of $36 million. As a result, the cumulative basis adjustment on the debt at the time of the terminations will be amortized as an adjustment to interest expense through the maturity of the debt, thereby reducing the effective interest rate. During the second quarter of 2020, the Bank amortized $7 million of the outstanding unamortized debt basis adjustment. Additionally, as part of the repurchase and retirement of senior notes, the Bank recognized $12 million of the unamortized debt basis adjustment in Other noninterest expense. As of June 30, 2020, the Bank has $18 million of unamortized debt basis adjustments from previously designed fair value hedges remaining. Cash Flow Hedges – For derivatives designated as qualifying cash flow hedges, periodic changes in fair value are deferred in AOCI. Amounts deferred in AOCI are reclassified into earnings in the periods in which the hedged forecasted transactions (i.e., the hedged floating-rate commercial loan interest receipts) are recognized in earnings or become probable not to occur. As of June 30, 2020, the Bank had $3.5 billion notional amount of receive-fixed interest rate swaps designated as cash flow hedges of pools of floating-rate commercial loans. During the second quarter of 2020, the Bank's cash flow hedge portfolio decreased in value by $4 million, which was recorded in AOCI. The amounts deferred in AOCI are reclassified into earnings in the periods in which the interest payments occur (i.e. when the hedged forecasted transactions affect earnings). Collateral and Credit Risk Exposure to credit risk arises from the possibility of nonperformance by counterparties. No significant losses on derivative instruments have occurred as a result of counterparty nonperformance. For a more detailed discussion of collateral and credit risk related to our derivative contracts, see Note 7 of our 2019 Annual Report on Form 10-K. Our derivative contracts require us to pledge collateral for derivatives that are in a net liability position at a given balance sheet date. Certain of these derivative contracts contain credit-risk-related contingent features that include the requirement to maintain a minimum debt credit rating. We may be required to pledge additional collateral if a credit-risk-related feature were triggered, such as a downgrade of our credit rating. However, in past situations, not all counterparties have demanded that additional collateral be pledged when provided for by the contractual terms. At June 30, 2020, the fair value of our derivative liabilities was $502 million, for which we were required to pledge cash collateral of $81 million in the normal course of business. If our credit rating were downgraded one notch by either Standard & Poor’s (“S&P”) or Moody’s at June 30, 2020, there would likely be $3 million of additional collateral required to be pledged. As a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”), all newly eligible derivatives entered into are cleared through a central clearinghouse. Derivatives that are centrally cleared do not have credit-risk-related features that require additional collateral if our credit rating were downgraded. Derivative Amounts Selected information with respect to notional amounts and recorded gross fair values at June 30, 2020 and December 31, 2019, is summarized as follows: June 30, 2020 December 31, 2019 Notional Fair value Notional Fair value (In millions) Other Other Other Other Derivatives designated as hedging instruments: Cash flow hedges: Purchased interest rate floors $ — $ — $ — $ — $ — $ — Receive-fixed interest rate swaps 3,500 — — 3,588 — — Fair value hedges: Receive-fixed interest rate swaps 500 — — 1,500 — — Total derivatives designated as hedging instruments 4,000 — — 5,088 — — Derivatives not designated as hedging instruments: Customer-facing interest rate derivatives 1, 2 5,280 460 — 4,409 146 5 Offsetting interest rate derivatives 2 5,281 — 494 4,422 5 157 Other interest rate derivatives 1,679 20 6 726 3 1 Foreign exchange derivatives 273 3 2 385 4 4 Total derivatives not designated as hedging instruments 12,513 483 502 9,942 158 167 Total derivatives $ 16,513 $ 483 $ 502 $ 15,030 $ 158 $ 167 1 Customer-facing interest rate derivatives in an asset position include a $34 million and an $11 million net credit valuation adjustment reducing the fair value amounts as of June 30, 2020 and December 31, 2019, respectively. There was no significant debit valuation adjustment for derivative liabilities. These adjustments are required to reflect both our nonperformance risk and that of the respective counterparty. 2 The fair value amounts for these derivatives do not include the settlement amounts for those trades that are cleared. Once the settlement amounts with the clearing houses are included the derivative fair values would be the following: June 30, 2020 December 31, 2019 (In millions) Other assets Other liabilities Other assets Other liabilities Customer-facing interest rate derivatives $ 460 $ — $ 141 $ 5 Offsetting interest rate derivatives — 32 5 9 The amount of derivative gains (losses) from cash flow and fair value hedges that was deferred in OCI or recognized in earnings for the three and six months ended June 30, 2020 and 2019 is as follows: Amount of derivative gain (loss) recognized/reclassified Three Months Ended June 30, 2020 (In millions) Effective Portion of Derivatives Gain/(Loss) Deferred in OCI Excluded Components Deferred in OCI (Amortization Approach) Amount of Gain/(Loss) Reclassified From OCI into Income Interest on Fair Value Hedges Hedge Ineffectiveness / OCI Reclass due to Missed Forecast Derivatives designated as hedging instruments: Cash flow hedges of floating-rate assets 1 : Purchased interest rate floors $ — $ — $ 3 $ — $ — Interest rate swaps 10 — 10 — — Fair value hedges of fixed-rate debt: Receive-fixed interest rate swaps — — — 1 — Basis amortization on terminated swaps 2 — — — 6 — Total derivatives designated as hedging instruments $ 10 $ — $ 13 $ 7 $ — Amount of derivative gain (loss) recognized/reclassified Six Months Ended June 30, 2020 (In millions) Effective Portion of Derivatives Gain/(Loss) Deferred in OCI Excluded Components Deferred in OCI (Amortization Approach) Amount of Gain/(Loss) Reclassified From OCI into Income Interest on Fair Value Hedges Hedge Ineffectiveness / OCI Reclass due to Missed Forecast Derivatives designated as hedging instruments: Cash flow hedges of floating-rate assets 1 : Purchased interest rate floors $ — $ — $ 6 $ — $ — Interest rate swaps 102 — 11 — — Fair value hedges of fixed-rate debt: Receive-fixed interest rate swaps — — — 3 — Basis amortization on terminated swaps 2 — — — 7 — Total derivatives designated as hedging instruments $ 102 $ — $ 17 $ 10 $ — Amount of derivative gain (loss) recognized/reclassified Three Months Ended June 30, 2019 (In millions) Effective Portion of Derivatives Gain/(Loss) Deferred in OCI Excluded Components Deferred in OCI (Amortization Approach) Amount of Gain/(Loss) Reclassified From OCI into Income Interest on Fair Value Hedges Hedge Ineffectiveness / OCI Reclass due to Missed Forecast Derivatives designated as hedging instruments: Cash flow hedges of floating-rate assets 1 : Purchased interest rate floors $ 2 $ 15 $ (1) $ — $ — Interest rate swaps 24 — (1) — — Fair value hedges of fixed-rate debt: Receive-fixed interest rate swaps — — — — — Basis amortization on terminated swaps 2 — — — — — Total derivatives designated as hedging instruments $ 26 $ 15 $ (2) $ — $ — Amount of derivative gain (loss) recognized/reclassified Six Months Ended June 30, 2019 (In millions) Effective Portion of Derivatives Gain/(Loss) Deferred in OCI Excluded Components Deferred in OCI (Amortization Approach) Amount of Gain/(Loss) Reclassified From OCI into Income Interest on Fair Value Hedges Hedge Ineffectiveness / OCI Reclass due to Missed Forecast Derivatives designated as hedging instruments: Cash flow hedges of floating-rate assets 1 : Purchased interest rate floors $ 2 $ 18 $ (1) $ — $ — Interest rate swaps 33 — (3) — — Fair value hedges of fixed-rate debt: Receive-fixed interest rate swaps — — — 1 — Basis amortization on terminated swaps 2 — — — — — Total derivatives designated as hedging instruments $ 35 $ 18 $ (4) $ 1 $ — Note: These schedules are not intended to present at any given time the Bank’s long/short position with respect to its derivative contracts. 1 Amounts recognized in OCI and reclassified from AOCI represent the effective portion of the derivative gain (loss). For the 12 months following June 30, 2020, we estimate that $61 million will be reclassified from AOCI into interest 2 Adjustment to interest expense resulting from the amortization of the debt basis adjustment on fixed-rate debt previously hedged by terminated receive-fixed interest rate. The amount of gains (losses) recognized from derivatives not designated as accounting hedges is as follows: Noninterest (Other) Income/(Expense) (In millions) Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 Derivatives not designated as hedging instruments: Customer-facing interest rate derivatives $ 34 $ 346 $ 86 $ 132 Offsetting interest rate derivatives (39) (352) (85) (130) Other interest rate derivatives 2 11 (1) (1) Foreign exchange derivatives 5 12 6 11 Total derivatives not designated as hedging instruments $ 2 $ 17 $ 6 $ 12 The following schedule presents derivatives used in fair value hedge accounting relationships, as well as pre-tax gains/(losses) recorded on such derivatives and the related hedged items for the periods presented. Gain/(loss) recorded in income Three Months Ended June 30, 2020 Three Months Ended June 30, 2019 (In millions) Derivatives 2 Hedged items Total income statement impact Derivatives 2 Hedged items Total income statement impact Interest rate swaps 1 $ 4 $ (4) $ — $ 12 $ (12) $ — Gain/(loss) recorded in income Six Months Ended June 30, 2020 Six Months Ended June 30, 2019 (In millions) Derivatives 2 Hedged items Total income statement impact Derivatives 2 Hedged items Total income statement impact Interest rate swaps 1 $ 75 $ (75) $ — $ 18 $ (18) $ — 1 Consists of hedges of benchmark interest rate risk of fixed-rate long-term debt. Gains and losses were recorded in net interest income. 2 The income for derivatives does not reflect interest income/expense to be consistent with the presentation of the gains/ (losses) on the hedged items. The following schedule provides selected information regarding the long-term debt in the statement of financial position in which the hedged item is included. Carrying amount of the hedged assets/(liabilities) 1 Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets/(liabilities) (In millions) June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Long-term debt 2 $ (549) $ (1,510) $ (49) $ (10) 1 Carrying amounts displayed above exclude issuance discounts or premiums and unamortized issuance costs. 2 The carrying amount of long-term fixed-rate debt excludes amounts related to terminated fair value hedges. |
Leases
Leases | 6 Months Ended |
Jun. 30, 2020 | |
Leases [Abstract] | |
Leases | LEASES We determine if a contract is a lease or contains a lease at inception. For a more detailed discussion of our lease policies, see Note 8 of our 2019 Annual Report on Form 10-K. We have operating and finance leases for branches, corporate offices, and data centers. Our equipment leases are not material. At June 30, 2020, we had 421 branches, of which 274 are owned and 147 are leased. We lease our headquarters in Salt Lake City, Utah, and other office or data centers are either owned or leased. The Bank may enter into certain lease arrangements with a term of 12 months or less, and we have elected to exclude these from capitalization. The length of our commitments for leases ranges from 2020 to 2062, some of which include options to extend or terminate the leases. Assets recorded under operating leases were $209 million at June 30, 2020, and $218 million at December 31, 2019, while assets recorded under finance leases were $4 million at both of those dates. We utilized a secured incremental borrowing rate based on the remaining term of the lease as of the effective date for the discount rate to determine our lease ROU assets and liabilities. The following schedule presents lease-related assets and liabilities, their weighted average remaining life, and the weighted average discount rate. (Dollar amounts in millions) June 30, December 31, 2019 Operating assets and liabilities Operating right-of-use assets, net of amortization $ 209 $ 218 Operating lease liabilities 237 246 Weighted average remaining lease term (years) Operating leases 8.9 9.1 Finance leases 19.7 20.2 Weighted average discount rate Operating leases 3.1 % 3.2 % Finance leases 3.1 % 3.1 % The components of lease expense are as follows: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2020 2019 2020 2019 Operating lease costs $ 12 $ 12 $ 24 $ 24 Variable lease costs 12 13 24 26 Total lease cost $ 24 $ 25 $ 48 $ 50 Supplemental cash flow information related to leases is as follows: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2020 2019 2020 2019 Cash paid for amounts in the measurement of lease liabilities: Operating cash disbursements from operating leases $ 13 $ 12 $ 25 $ 24 ROU assets obtained in exchange for lease liabilities: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2020 2019 2020 2019 New operating lease liabilities $ 3 $ 4 $ 6 $ 4 Maturities analysis for operating lease liabilities as of June 30, 2020 is as follows (contractual undiscounted lease payments): (In millions) 2020 1 $ 25 2021 47 2022 42 2023 35 2024 26 Thereafter 104 Total $ 279 1 Contractual maturities for the six months remaining in 2020. The Bank enters into certain lease agreements where it is the lessor of real estate. Real estate leases are made from bank-owned and subleased property to generate cash flow from the property, including from leasing vacant suites in which the Bank occupies portions of the building. Operating lease income was $3 million for both the second quarters of 2020 and 2019, and $6 million for both the first six months of 2020 and 2019. The Bank also has a lending division that makes equipment leases, considered to be sales-type leases or direct financing leases, totaling $324 million and $334 million as of June 30, 2020 and December 31, 2019, respectively. The Bank uses leasing of equipment as a venue for customers to access equipment without purchasing upfront. The Bank recorded income of $3 million on these leases for both the second quarters of 2020 and 2019, and $7 million for both the first six months of 2020 and 2019. |
Long-Term Debt And Shareholders
Long-Term Debt And Shareholders' Equity | 6 Months Ended |
Jun. 30, 2020 | |
Capitalization, Long-term Debt and Equity [Abstract] | |
Long-Term Debt And Shareholders' Equity | LONG-TERM DEBT AND SHAREHOLDERS’ EQUITY Long-Term Debt Long-term debt is summarized as follows: (In millions) June 30, December 31, 2019 Subordinated notes $ 630 $ 572 Senior notes 719 1,147 Finance lease obligations 4 4 Total $ 1,353 $ 1,723 The preceding carrying values represent the par value of the debt adjusted for any unamortized premium or discount, unamortized debt issuance costs, and basis adjustments for interest rate swaps designated as fair value hedges. The change in outstanding senior and subordinated debt balances from December 31, 2019 to June 30, 2020 was primarily a result of the repurchase and retirement of senior notes that had adjustments to their carrying values from being in designated hedge relationships with interest rate swaps. During the second quarter of 2020, the Bank repurchased and retired $219 million of senior notes with an interest rate of 3.50% and $210 million of senior notes with an interest rate of 3.35%. During the first quarter of 2020 the Bank terminated two receive-fixed interest rate swaps designated as hedges on senior notes, resulting in one outstanding receive-fixed interest rate swap designated as a hedge on a $500 million subordinated note with an interest rate of 3.25% at June 30, 2020 . The outstanding swap constitutes a qualifying fair value hedging relationship. The terminated interest rate swaps adjusted the carrying value of the debt and this adjustment will be amortized into earnings until the original maturity date. For more information on derivatives designated as qualifying fair value hedges, see Note 7 – Derivative Instruments and Hedging Activities . Common Stock The Bank’s common stock is traded on the National Association of Securities Dealers Automated Quotations (“NASDAQ”) Global Select Market. As of June 30, 2020, there were 164.0 million shares of 0.001 par value common stock outstanding. The balance of common stock and additional paid-in capital was $2.7 billion at June 30, 2020, and decreased $60 million, or 2%, from December 31, 2019, primarily due to Bank common stock repurchases. During the first quarter of 2020, the Bank repurchased 1.7 million shares of common stock outstanding with a fair value of $75 million at an average price of $45.02 per share. On May 22, 2020, 29.2 million common stock warrants (NASDAQ: ZIONW), with an exercise price of $33.31, expired unexercised. Each common stock warrant was convertible into 1.10 shares and the exercise of the common stock warrants was cashless as the warrants were settled on a net share basis. Accumulated Other Comprehensive Income Accumulated other comprehensive income improved to $355 million at June 30, 2020 from $43 million at December 31, 2019 primarily as a result of increases in the fair value of AFS securities due to changes in interest rates. Changes in AOCI by component are as follows: (In millions) Net unrealized gains (losses) on investment securities Net unrealized gains (losses) on derivatives and other Pension and post-retirement Total Six Months Ended June 30, 2020 Balance at December 31, 2019 $ 29 $ 28 $ (14) $ 43 OCI before reclassifications, net of tax 241 71 13 325 Amounts reclassified from AOCI, net of tax — (13) — (13) OCI 241 58 13 312 Balance at June 30, 2020 $ 270 $ 86 $ (1) $ 355 Income tax expense included in OCI $ 79 $ 19 $ 4 $ 102 Six Months Ended June 30, 2019 Balance at December 31, 2018 $ (228) $ (1) $ (21) $ (250) OCI before reclassifications, net of tax 237 36 — 273 Amounts reclassified from AOCI, net of tax — 2 — 2 OCI 237 38 — 275 Balance at June 30, 2019 $ 9 $ 37 $ (21) $ 25 Income tax expense included in OCI $ 78 $ 12 $ — $ 90 Amounts reclassified from AOCI 1 Amounts reclassified from AOCI 1 Statement of income (SI) (In millions) Three Months Ended Six Months Ended Details about AOCI components 2020 2019 2020 2019 Affected line item Net unrealized gains (losses) on derivative instruments $ 13 $ (2) $ 17 $ (4) SI Interest and fees on loans Income tax expense (benefit) 3 (1) 4 (2) Amounts Reclassified from AOCI 10 (1) 13 (2) 1 Positive reclassification amounts indicate increases to earnings in the statement of income. |
Commitments, Guarantees, And Co
Commitments, Guarantees, And Contingent Liabilities | 6 Months Ended |
Jun. 30, 2020 | |
Guarantees, Commitments And Contingencies [Abstract] | |
Commitments, Guarantees, And Contingent Liabilities | COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES Commitments and Guarantees Contractual amounts of off-balance sheet financial instruments used to meet the financing needs of our customers are as follows: (In millions) June 30, December 31, Net unfunded commitments to extend credit 1 $ 23,498 $ 23,099 Standby letters of credit: Financial 532 631 Performance 178 192 Commercial letters of credit 21 5 Total unfunded lending commitments $ 24,229 $ 23,927 1 Net of participations The Bank’s 2019 Annual Report on Form 10-K contains further information about these commitments and guarantees including their terms and collateral requirements. At June 30, 2020, the Bank had recorded $6 million as a liability for the guarantees associated with the standby letters of credit, which consisted of $4 million attributable to the RULC and $2 million of deferred commitment fees. Legal Matters We are subject to litigation in court and arbitral proceedings, as well as proceedings, investigations, examinations and other actions brought or considered by governmental and self-regulatory agencies. Litigation may relate to lending, deposit and other customer relationships, vendor and contractual issues, employee matters, intellectual property matters, personal injuries and torts, regulatory and legal compliance, and other matters. While most matters relate to individual claims, we are also subject to putative class action claims and similar broader claims. Proceedings, investigations, examinations and other actions brought or considered by governmental and self-regulatory agencies may relate to our banking, investment advisory, trust, securities, and other products and services; our customers’ involvement in money laundering, fraud, securities violations and other illicit activities or our policies and practices relating to such customer activities; and our compliance with the broad range of banking, securities and other laws and regulations applicable to us. At any given time, we may be in the process of responding to subpoenas, requests for documents, data and testimony relating to such matters and engaging in discussions to resolve the matters. As of June 30, 2020, we were subject to the following material litigation or governmental inquiries: • a civil suit, JTS Communities, Inc. et. al v. CB&T, Jun Enkoji and Dawn Satow , brought against us in the Superior Court for Sacramento County, California in June 2017. In this case four investors in our former customer, International Manufacturing Group (“IMG”) seek to hold us liable for losses arising from their investments in that company, alleging that we conspired with and knowingly assisted IMG and its principal in furtherance of an alleged Ponzi scheme. This case is in the discovery phase with dispositive motion practice underway. The hearings for the dispositive motions have been delayed, and the previously scheduled May 2020 trial setting has been vacated to be reset in the future due to the COVID-19 pandemic. • a civil class action lawsuit, Evans v. CB&T , brought against us in the United States District Court for the Eastern District of California in May 2017. This case was filed on behalf of a class of up to 50 investors in IMG and seeks to hold us liable for losses of class members arising from their investments in IMG, alleging that we conspired with and knowingly assisted IMG and its principal in furtherance of an alleged Ponzi scheme. In December 2017, the District Court dismissed all claims against the Bank. In January 2018, the plaintiff filed an appeal with the Court of Appeals for the Ninth Circuit. The appeal was heard in early April 2019 with the Court of Appeals reversing the trial court’s dismissal. This case is in the post-pleading phase and trial will not occur for a substantial period of time. • two civil cases, Lifescan Inc. and Johnson & Johnson Health Care Services v. Jeffrey Smith, et. al. , brought against us in the United States District Court for the District of New Jersey in December 2017, and Roche Diagnostics and Roche Diabetes Care Inc. v. Jeffrey C. Smith, et. al. , brought against us in the United States District Court for the District of New Jersey in March 2019. In these cases, certain manufacturers and distributors of medical products seek to hold us liable for allegedly fraudulent practices of a borrower of the Bank who filed for bankruptcy protection in 2017. The cases are in early phases, with initial motion practice and discovery underway in the Lifescan case. Trial has not been scheduled in either case. • a civil class action lawsuit, Gregory, et. al. v. Zions Bancorporation , brought against us in the United States District Court for Utah in January 2019. This case was filed on behalf of investors in Rust Rare Coin, Inc., alleging that we aided and abetted a Ponzi scheme fraud perpetrated by Rust Rare Coin, a Zions Bank customer. The case follows civil actions and the establishment of a receivership for Rust Rare Coin by The Commodities Futures Trading Commission and the Utah Division of Securities in November 2018, as well as a separate suit brought by the SEC against Rust Rare Coin and its principal, Gaylen Rust. The matter is in the early motion practice state. During the second quarter of 2019, we filed a motion to dismiss which has not yet been ruled upon by the Court. Trial has not been scheduled. • two civil class action lawsuits, Fahmia Inc.v. Zions Bancorporation, et. al., brought against us in the United States District Court for the District of Colorado in June 2020, and ImpAcct LLC v. JPMorgan Chase, et. al., brought against us and other banks in the United States District Court for the Central District of California in June 2020. A third class action lawsuit, Manoloff v. Bank of America, et. al., was filed against us in the United States District Court for the Southern District of Texas in July 2020. These cases allege that we wrongly failed to pay agents of borrowers receiving loans from us under the Government's Paycheck Protection Program fees that were allegedly owed to them under the program. These cases are similar to class action lawsuits filed against other banks and will likely involve complicated procedural issues. At least quarterly, we review outstanding and new legal matters, utilizing then available information. In accordance with applicable accounting guidance, if we determine that a loss from a matter is probable and the amount of the loss can be reasonably estimated, we establish an accrual for the loss. In the absence of such a determination, no accrual is made. Once established, accruals are adjusted to reflect developments relating to the matters. In our review, we also assess whether we can determine the range of reasonably possible losses for significant matters in which we are unable to determine that the likelihood of a loss is remote. Because of the difficulty of predicting the outcome of legal matters, discussed subsequently, we are able to meaningfully estimate such a range only for a limited number of matters. Based on information available as of June 30, 2020, we estimated that the aggregate range of reasonably possible losses for those matters to be from $0 million to roughly $35 million in excess of amounts accrued. The matters underlying the estimated range will change from time to time, and actual results may vary significantly from this estimate. Those matters for which a meaningful estimate is not possible are not included within this estimated range and, therefore, this estimated range does not represent our maximum loss exposure. Based on our current knowledge, we believe that our current estimated liability for litigation and other legal actions and claims, reflected in our accruals and determined in accordance with applicable accounting guidance, is adequate and that liabilities in excess of the amounts currently accrued, if any, arising from litigation and other legal actions and claims for which an estimate as previously described is possible, will not have a material impact on our financial condition, results of operations, or cash flows. However, in light of the significant uncertainties involved in these matters, and the very large or indeterminate damages sought in some of these matters, an adverse outcome in one or more of these matters could be material to our financial condition, results of operations, or cash flows for any given reporting period. Any estimate or determination relating to the future resolution of litigation, arbitration, governmental or self-regulatory examinations, investigations or actions or similar matters is inherently uncertain and involves significant judgment. This is particularly true in the early stages of a legal matter, when legal issues and facts have not been well articulated, reviewed, analyzed, and vetted through discovery, preparation for trial or hearings, substantive and productive mediation or settlement discussions, or other actions. It is also particularly true with respect to class action and similar claims involving multiple defendants, matters with complex procedural requirements or substantive issues or novel legal theories, and examinations, investigations and other actions conducted or brought by governmental and self-regulatory agencies, in which the normal adjudicative process is not applicable. Accordingly, we usually are unable to determine whether a favorable or unfavorable outcome is remote, reasonably likely, or probable, or to estimate the amount or range of a probable or reasonably likely loss, until relatively late in the course of a legal matter, sometimes not until a number of years have elapsed. Accordingly, our judgments and estimates relating to claims will change from time to time in light of developments and actual outcomes will differ from our estimates. These differences may be material. |
Revenue Recognition
Revenue Recognition | 6 Months Ended |
Jun. 30, 2020 | |
Revenue Recognition and Deferred Revenue [Abstract] | |
Revenue Recognition | REVENUE RECOGNITION We derive our revenue primarily from interest income on loans and securities, which was more than three-quarters of our revenue in the second quarter of 2020. Only noninterest income is considered to be revenue from contracts with customers in scope of ASC 606. For a discussion of the Bank’s revenue recognition from contracts, and the implementation of ASC 606, see Note 17 of our 2019 Annual Report on Form 10-K. Disaggregation of Revenue We provide services across different geographical areas, primarily in 11 Western U.S. States, under banking operations that have their own individual brand names, including Zions Bank, Amegy Bank, California Bank & Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington. The operating segment listed as “Other” includes certain non-bank financial services subsidiaries, centralized back-office functions, and eliminations of transactions between segments. Certain prior period amounts have been reclassified to conform with the current period presentation. These reclassifications did not affect net income or shareholders’ equity. The following schedule presents the noninterest income and net revenue by operating segments for the three months ended June 30, 2020 and 2019: Zions Bank Amegy CB&T (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 10 $ 10 $ 10 $ 9 $ 5 $ 6 Card fees 11 13 6 7 3 4 Retail and business banking fees 4 5 3 4 3 3 Capital markets and foreign exchange fees (1) — 1 1 — — Wealth management and trust fees 6 4 4 3 2 1 Other customer-related fees 1 1 — — — 1 Total noninterest income from contracts with customers (ASC 606) 31 33 24 24 13 15 Other noninterest income (Non-ASC 606 customer related) 7 3 8 10 6 7 Total customer-related fees 38 36 32 34 19 22 Other noninterest income (non-customer related) — 2 (1) — — — Total noninterest income 38 38 31 34 19 22 Other real estate owned gain from sale — — — — — — Net interest income 156 175 120 127 123 134 Total income less interest expense $ 194 $ 213 $ 151 $ 161 $ 142 $ 156 NBAZ NSB Vectra (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 2 $ 2 $ 1 $ 2 $ 1 $ 1 Card fees 2 3 2 3 1 2 Retail and business banking fees 2 2 2 3 1 1 Capital markets and foreign exchange fees — — — — — — Wealth management and trust fees — — 1 1 1 — Other customer-related fees — — — — — — Total noninterest income from contracts with customers (ASC 606) 6 7 6 9 4 4 Other noninterest income (Non-ASC 606 customer related) 4 3 4 2 4 2 Total customer-related fees 10 10 10 11 8 6 Other noninterest income (non-customer related) — 1 — — — — Total noninterest income 10 11 10 11 8 6 Other real estate owned gain from sale — — — — — — Net interest income 53 59 35 38 33 35 Total income less interest expense $ 63 $ 70 $ 45 $ 49 $ 41 $ 41 TCBW Other Consolidated Bank (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 1 $ 1 $ — $ (1) $ 30 $ 30 Card fees — — — — 25 32 Retail and business banking fees — — — 2 15 20 Capital markets and foreign exchange fees — — 3 1 3 2 Wealth management and trust fees — — 1 5 15 14 Other customer-related fees — — 5 3 6 5 Total noninterest income from contracts with customers (ASC 606) 1 1 9 10 94 103 Other noninterest income (Non-ASC 606 customer related) — — 3 — 36 27 Total customer-related fees 1 1 12 10 130 130 Other noninterest income (non-customer related) — — (12) (1) (13) 2 Total noninterest income 1 1 — 9 117 132 Other real estate owned gain from sale — — — — — — Net interest income 13 14 30 (13) 563 569 Total income less interest expense $ 14 $ 15 $ 30 $ (4) $ 680 $ 701 The following schedule presents the noninterest income and net revenue by operating segments for the six months ended June 30, 2020 and 2019: Zions Bank Amegy CB&T (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 21 $ 20 $ 19 $ 17 $ 11 $ 11 Card fees 23 25 12 14 6 8 Retail and business banking fees 10 11 7 8 6 7 Capital markets and foreign exchange fees (1) — 3 3 — — Wealth management and trust fees 11 8 8 5 4 2 Other customer-related fees 1 2 1 1 1 1 Total noninterest income from contracts with customers (ASC 606) 65 66 50 48 28 29 Other noninterest income (Non-ASC 606 customer related) 12 4 17 20 15 12 Total customer-related fees 77 70 67 68 43 41 Other noninterest income (non-customer related) (1) 1 — — 1 — Total noninterest income 76 71 67 68 44 41 Other real estate owned gain from sale — 1 — — — — Net interest income 314 351 237 252 245 267 Total income less interest expense $ 390 $ 423 $ 304 $ 320 $ 289 $ 308 NBAZ NSB Vectra (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 4 $ 4 $ 4 $ 4 $ 3 $ 3 Card fees 5 6 5 6 2 3 Retail and business banking fees 4 4 4 6 2 2 Capital markets and foreign exchange fees — — — — — — Wealth management and trust fees 1 1 2 2 2 1 Other customer-related fees — — — — — — Total noninterest income from contracts with customers (ASC 606) 14 15 15 18 9 9 Other noninterest income (Non-ASC 606 customer related) 7 6 6 3 7 3 Total customer-related fees 21 21 21 21 16 12 Other noninterest income (non-customer related) — — — — — — Total noninterest income 21 21 21 21 16 12 Other real estate owned gain from sale — — — — — — Net interest income 105 117 70 76 65 69 Total income less interest expense $ 126 $ 138 $ 91 $ 97 $ 81 $ 81 TCBW Other Consolidated Bank (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 1 $ 1 $ (2) $ — $ 61 $ 60 Card fees — 1 2 (1) 55 62 Retail and business banking fees — — — — 33 38 Capital markets and foreign exchange fees — — 4 2 6 5 Wealth management and trust fees — — 2 8 30 27 Other customer-related fees — — 8 5 11 9 Total noninterest income from contracts with customers (ASC 606) 1 2 14 14 196 201 Other noninterest income (Non-ASC 606 customer related) 1 — 10 3 75 51 Total customer-related fees 2 2 24 17 271 252 Other noninterest income (non-customer related) — — (21) 11 (21) 12 Total noninterest income 2 2 3 28 250 264 Other real estate owned gain from sale — — — 1 — 2 Net interest income 25 27 50 (14) 1,111 1,145 Total income less interest expense $ 27 $ 29 $ 53 $ 15 $ 1,361 $ 1,411 Revenue from contracts with customers did not generate significant contract assets and liabilities. Contract receivables are included in Other Assets. Payment terms vary by services offered, and the timing between completion of performance obligations and payment is typically not significant. |
Retirement Plans
Retirement Plans | 6 Months Ended |
Jun. 30, 2020 | |
Defined Benefit Plan [Abstract] | |
Retirement Plans | RETIREMENT PLANS The following discloses the net periodic cost (benefit) and its components for the Bank’s pension and other retirement plans: (In millions) Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Interest cost $ — $ 1 $ 2 $ 3 Expected return on plan assets (1) (2) (3) (4) Pension termination-related expense 28 — 28 — Amortization of net actuarial loss — 1 — 1 Net periodic cost $ 27 $ — $ 27 $ — In October 2018, the Bank announced its intention to terminate the defined benefit pension plan subject to obtaining necessary regulatory approval. The Bank received an IRS letter of determination on March 31, 2020. Plan participants made elections for lump-sum distributions or annuity benefits. Lump-sum distributions were completed in May 2020, and the annuity purchase was completed in June 2020. As a result of the pension termination, the Bank incurred $28 million of expense, which was recognized in Other noninterest expense. The pension plan |
Income Taxes
Income Taxes | 6 Months Ended |
Jun. 30, 2020 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | INCOME TAXES The effective income tax rate of 19.5% for the second quarter of 2020 was lower than the 2019 second quarter rate of 22.7%. The effective tax rates for the first six months of 2020 and 2019 were 18.4% and 22.5%, respectively. The income tax rates for 2020 and 2019 were reduced by nontaxable municipal interest income and nontaxable income from certain bank-owned life insurance, and were increased by the non-deductibility of Federal Deposit Insurance Corporation (“FDIC”) premiums, certain executive compensation, and other fringe benefits. Further, the 2020 tax rates were reduced as a result of the proportional increases in nontaxable items and tax credits relative to pretax book income as compared with the prior year periods. We had a net deferred tax asset (“DTA”) balance of $22 million at June 30, 2020, compared with $37 million at December 31, 2019. The decrease in the net DTA resulted primarily from the decrease of accrued compensation and an increase in unrealized gains in other comprehensive income ("OCI") related to securities. An increase in the provision for loan losses in excess of net charge-offs, offset some of the overall decrease in DTA. |
Net Earnings Per Common Share
Net Earnings Per Common Share | 6 Months Ended |
Jun. 30, 2020 | |
Earnings Per Share [Abstract] | |
Net Earnings Per Common Share | NET EARNINGS PER COMMON SHARE Basic and diluted net earnings per common share based on the weighted average outstanding shares are summarized as follows: Three Months Ended Six Months Ended (In millions, except shares and per share amounts) 2020 2019 2020 2019 Basic: Net income $ 66 $ 198 $ 80 $ 411 Less common and preferred dividends 66 63 130 127 Undistributed earnings — 135 (50) 284 Less undistributed earnings applicable to nonvested shares — 1 — 2 Undistributed earnings applicable to common shares — 134 (50) 282 Distributed earnings applicable to common shares 56 54 112 110 Total earnings applicable to common shares $ 56 $ 188 $ 62 $ 392 Weighted average common shares outstanding (in thousands) 163,542 179,156 163,843 181,946 Net earnings per common share $ 0.34 $ 1.05 $ 0.38 $ 2.15 Diluted: Total earnings applicable to common shares $ 56 $ 188 $ 62 $ 392 Weighted average common shares outstanding (in thousands) 163,542 179,156 163,843 181,946 Dilutive effect of common stock warrants (in thousands) 723 9,318 4,012 9,587 Dilutive effect of stock options (in thousands) 160 624 277 673 Weighted average diluted common shares outstanding (in thousands) 164,425 189,098 168,132 192,206 Net earnings per common share $ 0.34 $ 0.99 $ 0.37 $ 2.04 The following schedule presents the weighted average stock awards that were anti-dilutive and not included in the calculation of diluted earnings per share. Three Months Ended Six Months Ended (In thousands) 2020 2019 2020 2019 Restricted stock and restricted stock units 1,321 1,446 1,357 1,435 Stock options 938 492 855 411 |
Operating Segment Information
Operating Segment Information | 6 Months Ended |
Jun. 30, 2020 | |
Segment Reporting [Abstract] | |
Operating Segment Information | OPERATING SEGMENT INFORMATION We manage our operations and prepare management reports and other information with a primary focus on geographical area. Our banking operations are managed under their own individual brand names, including Zions Bank, Amegy Bank, California Bank & Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington. Performance assessment and resource allocation are based upon this geographical structure. We use an internal funds transfer pricing (“FTP”) allocation system to report results of operations for business segments. This process is continually refined. In the third quarter of 2019, we made changes to the FTP process to more accurately reflect the cost of funds for loans. Prior period amounts have been revised to reflect the impact of these changes had they been instituted for the periods presented. Total average loans and deposits presented for the banking segments include insignificant intercompany amounts between banking segments and may also include deposits with the Other segment. As of June 30, 2020, our banking business is conducted through 7 locally managed and branded segments in distinct geographical areas. Zions Bank operates 95 branches in Utah, 25 branches in Idaho, and one branch in Wyoming. Amegy operates 75 branches in Texas. CB&T operates 85 branches in California. NBAZ operates 56 branches in Arizona. NSB operates 46 branches in Nevada. Vectra operates 34 branches in Colorado and one branch in New Mexico. TCBW operates two branches in Washington and one branch in Oregon. The operating segment identified as “Other” includes certain non-bank financial service subsidiaries, centralized back-office functions, and eliminations of transactions between segments. The major components of net interest income at the Bank’s back-office include the revenue associated with the investments securities portfolio and the offset of the FTP costs and benefits provided to the business segments. The following schedule does not present total assets or income tax expense for each operating segment, but instead presents average loans, average deposits and income before income taxes because these are the metrics that management uses when evaluating performance and making decisions pertaining to the operating segments. The condensed statement of income identifies the components of income and expense which affect the operating amounts presented in the Other segment. The accounting policies of the individual operating segments are the same as those of the Bank. Transactions between operating segments are primarily conducted at fair value, resulting in profits that are eliminated for reporting consolidated results of operations. The following schedule presents selected operating segment information for the three months ended June 30, 2020 and 2019: Zions Bank Amegy CB&T (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 156 $ 175 $ 120 $ 127 $ 123 $ 134 Provision for credit losses 40 16 25 (8) 46 9 Net interest income after provision for credit losses 116 159 95 135 77 125 Noninterest income 38 38 31 34 19 22 Noninterest expense 111 120 79 86 74 82 Income (loss) before income taxes $ 43 $ 77 $ 47 $ 83 $ 22 $ 65 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 14,222 $ 13,067 $ 13,570 $ 12,254 $ 12,524 $ 10,838 Total average deposits 17,977 15,205 13,023 11,361 13,522 11,412 NBAZ NSB Vectra (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 53 $ 59 $ 35 $ 38 $ 33 $ 35 Provision for credit losses 16 2 40 — (1) 1 Net interest income after provision for credit losses 37 57 (5) 38 34 34 Noninterest income 10 11 10 11 8 6 Noninterest expense 35 38 34 37 27 27 Income (loss) before income taxes $ 12 $ 30 $ (29) $ 12 $ 15 $ 13 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 5,247 $ 4,847 $ 3,169 $ 2,570 $ 3,490 $ 3,105 Total average deposits 5,722 5,048 5,402 4,406 3,662 2,811 TCBW Other Consolidated Bank (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 13 $ 14 $ 30 $ (13) $ 563 $ 569 Provision for credit losses 5 2 (3) (1) 168 21 Net interest income after provision for credit losses 8 12 33 (12) 395 548 Noninterest income 1 1 — 9 117 132 Noninterest expense 5 5 65 29 430 424 Income (loss) before income taxes $ 4 $ 8 $ (32) $ (32) $ 82 $ 256 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 1,485 $ 1,203 $ 561 $ 440 $ 54,268 $ 48,324 Total average deposits 1,282 1,053 2,410 3,051 63,000 54,347 The following schedule presents selected operating segment information for the six months ended June 30, 2020 and 2019: Zions Bank Amegy CB&T (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 314 $ 351 $ 237 $ 252 $ 245 $ 267 Provision for credit losses 94 26 127 (23) 84 12 Net interest income after provision for credit losses 220 325 110 275 161 255 Noninterest income 76 71 67 68 44 41 Noninterest expense 221 237 161 174 151 164 Income (loss) before income taxes $ 75 $ 159 $ 16 $ 169 $ 54 $ 132 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 13,611 $ 13,004 $ 12,984 $ 12,058 $ 11,773 $ 10,707 Total average deposits 16,953 15,238 12,344 11,401 12,825 11,328 NBAZ NSB Vectra (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 105 $ 117 $ 70 $ 76 $ 65 $ 69 Provision for credit losses 35 4 52 (1) 23 5 Net interest income after provision for credit losses 70 113 18 77 42 64 Noninterest income 21 21 21 21 16 12 Noninterest expense 72 78 70 73 53 54 Income (loss) before income taxes $ 19 $ 56 $ (31) $ 25 $ 5 $ 22 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 4,991 $ 4,798 $ 2,942 $ 2,535 $ 3,296 $ 3,080 Total average deposits 5,413 4,972 5,115 4,368 3,325 2,816 TCBW Other Consolidated Bank (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 25 $ 27 $ 50 $ (14) $ 1,111 $ 1,145 Provision for credit losses 10 2 1 — 426 25 Net interest income after provision for credit losses 15 25 49 (14) 685 1,120 Noninterest income 2 2 3 28 250 264 Noninterest expense 11 11 98 63 837 854 Income (loss) before income taxes $ 6 $ 16 $ (46) $ (49) $ 98 $ 530 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 1,372 $ 1,156 $ 563 $ 412 $ 51,532 $ 47,750 Total average deposits 1,165 1,064 2,814 2,946 59,954 54,133 |
Recent Accounting Pronounceme_2
Recent Accounting Pronouncements and Developments (Policies) | 6 Months Ended |
Jun. 30, 2020 | |
Accounting Policies [Abstract] | |
Recent Accounting Pronouncements and Developments | Accounting Standard Updates Description Date of adoption Effect on the financial statements or other significant matters Updates adopted by the Bank during 2020 ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting As part of reference rate reform, the London Interbank Offered Rate ("LIBOR") is expected to be discontinued by December 31, 2021 and is being replaced by observable or transaction-based alternative reference rates less susceptible to manipulation. This ASU addresses certain operational accounting concerns of modifying contracts such as debt, lease, and derivative agreements that reference LIBOR, or another rate, that is expected to be discontinued due to reference rate reform. The ASU provides temporary optional expedients and exceptions to the accounting requirements for contract modifications for contracts that reference LIBOR. This ASU also provides for a one-time election to sell or transfer to available-for-sale or trading certain qualifying held-to-maturity ("HTM") debt securities. Additionally, this guidance provides various optional expedients for hedging relationships affected by reference rate reform. April 1, 2020 We adopted ASU 2020-04 on April 1, 2020; the impact upon adoption was not significant as no practical expedients were applied in the current period, but will be applied in future periods. ASU 2016-13, Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and subsequent related ASUs This ASU, and subsequent updates, significantly changes how entities will measure credit losses for virtually all financial assets and certain other instruments that are not measured at fair value through net income that have the contractual right to receive cash. The update replaces today’s “incurred loss” approach with a current expected credit loss (“CECL”) model for instruments such as loans and HTM securities that are measured at amortized cost. The ASU requires credit losses relating to available-for sale (“AFS”) debt securities to be recorded through an allowance for credit loss (“ACL”) rather than a reduction of the carrying amount and replaces the historically required other-than-temporary impairment (“OTTI”) analysis. It also changes the accounting for purchased credit-impaired debt securities and loans. January 1, 2020 We adopted ASU 2016-13 and its subsequent updates on January 1, 2020; the impact upon adoption was an after-tax increase to retained earnings of approximately $20 million. Accounting Standard Updates Description Date of adoption Effect on the financial statements or other significant matters Updates adopted by the Bank during 2020 ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment This ASU removes the requirements in step two of the current goodwill impairment model, eliminating the requirement to calculate and compare the implied fair value of the reporting entity with the carrying amount of that entity, including goodwill, to measure any impairment charge. Instead, entities will record an impairment charge based on the excess of a reporting unit’s carrying amount of goodwill over its implied fair value of goodwill (i.e., measure the charge based on step one of the current guidance). January 1, 2020 We adopted ASU 2017-04 on January 1, 2020; the impact upon adoption was not significant. The transition and adoption provisions were applied prospectively. |
Fair Value (Tables)
Fair Value (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Fair Value Disclosures [Abstract] | |
Schedule Of Assets And Liabilities Measured At Fair Value By Class On A Recurring Basis | Assets and liabilities measured at fair value by class on a recurring basis are summarized as follows: (In millions) June 30, 2020 Level 1 Level 2 Level 3 Total ASSETS Investment securities: Available-for-sale: U.S. Treasury, agencies and corporations $ 100 $ 12,775 $ — $ 12,875 Municipal securities 1,301 1,301 Other debt securities 25 25 Total Available-for-sale 100 14,101 — 14,201 Trading account 16 144 160 Other noninterest-bearing investments: Bank-owned life insurance 530 530 Private equity investments 1 5 77 82 Other assets: Agriculture loan servicing and interest-only strips 17 17 Deferred compensation plan assets 105 105 Derivatives: Derivatives designated as hedges (1) (1) Derivatives not designated as hedges: Customer-facing interest rate 460 460 Other interest rate 20 20 Foreign exchange 3 3 Total Assets $ 229 $ 15,254 $ 94 $ 15,577 LIABILITIES Securities sold, not yet purchased $ 42 $ — $ — $ 42 Other liabilities: Deferred compensation plan obligations 105 105 Derivatives: Derivatives designated as hedges (1) (1) Derivatives not designated as hedges: Customer-facing interest rate 32 32 Other interest rate 6 6 Foreign exchange 2 2 Total Liabilities $ 149 $ 37 $ — $ 186 1 The level 1 PEI amount relates to the portion of our SBIC investments that is now publicly traded. (In millions) December 31, 2019 Level 1 Level 2 Level 3 Total ASSETS Investment securities: Available-for-sale: U.S. Treasury, agencies and corporations $ 25 $ 12,356 $ — $ 12,381 Municipal securities 1,319 1,319 Other debt securities 25 25 Total Available-for-sale 25 13,700 — 13,725 Trading account 65 117 182 Other noninterest-bearing investments: Bank-owned life insurance 525 525 Private equity investments 1 9 107 116 Other assets: Agriculture loan servicing and interest-only strips 18 18 Deferred compensation plan assets 113 113 Derivatives: Derivatives not designated as hedges: Customer-facing interest rate 146 146 Other interest rate 3 3 Foreign exchange 4 4 Total Assets $ 216 $ 14,491 $ 125 $ 14,832 LIABILITIES Securities sold, not yet purchased $ 66 $ — $ — $ 66 Other liabilities: Deferred compensation plan obligations 113 113 Derivatives: Derivatives not designated as hedges: Customer-facing interest rate 14 14 Other interest rate 1 1 Foreign exchange 4 4 Total Liabilities $ 183 $ 15 $ — $ 198 1 The level 1 PEI amount relates to the portion of our SBIC investments that is now publicly traded. |
Schedule Of Assets And Liabilities Measured At Fair Value By Class On A Recurring Basis Using Level 3 Inputs | The following reconciles the beginning and ending balances of assets and liabilities that are measured at fair value by class on a recurring basis using Level 3 inputs: Level 3 Instruments Three Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 (In millions) Private Ag loan svcg and int-only strips Private Ag loan svcg and int-only strips Private Ag loan svcg and int-only strips Private equity investments 1 Ag loan svcg and int-only strips Balance at beginning of period $ 79 $ 17 $ 107 $ 17 $ 107 $ 18 $ 102 $ 18 Securities losses, net (4) — (2) — (9) — (1) — Other noninterest income (expense) — — — 2 — (1) — 1 Purchases 2 — — — 4 — 4 — Other — — — — (25) — — — Balance at end of period $ 77 $ 17 $ 105 $ 19 $ 77 $ 17 $ 105 $ 19 |
Schedule Of Assets With Fair Value Changes On Nonrecurring Basis | Included in the balance sheet amounts are the following amounts of assets that had fair value changes measured on a nonrecurring basis. (In millions) Fair value at June 30, 2020 Fair value at December 31, 2019 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total ASSETS Private equity investments $ — $ — $ 1 $ 1 $ — $ — $ 1 $ 1 Collateral-dependent loans — — — — — — — — Other real estate owned — 1 — 1 — — — — Total $ — $ 1 $ 1 $ 2 $ — $ — $ 1 $ 1 The previous fair values may not be current as of the dates indicated, but rather as of the date the fair value change occurred, such as a charge for impairment. Accordingly, carrying values may not equal current fair value. Gains (losses) from fair value changes (In millions) Three Months Ended Six Months Ended 2020 2019 2020 2019 ASSETS Private equity investments $ — $ — $ — $ — Collateral-dependent loans — (9) — (9) Other real estate owned — — — — Total $ — $ (9) $ — $ (9) |
Schedule of Carrying Values and Estimated Fair Values | Following is a summary of the carrying values and estimated fair values of certain financial instruments: June 30, 2020 December 31, 2019 (In millions) Carrying Estimated Level Carrying Estimated Level Financial assets: HTM investment securities $ 688 $ 691 2 $ 592 $ 597 2 Loans and leases (including loans held for sale), net of allowance 54,374 53,988 3 48,343 47,958 3 Financial liabilities: Time deposits 3,663 3,690 2 4,719 4,725 2 Long-term debt 1,353 1,320 2 1,723 1,751 2 |
Offsetting Assets and Liabili_2
Offsetting Assets and Liabilities (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Offsetting Assets and Liabilities [Abstract] | |
Schedule of Offsetting Assets and Liabilities | Gross and net information for selected financial instruments in the balance sheet is as follows: June 30, 2020 (In millions) Gross amounts not offset in the balance sheet Description Gross amounts recognized Gross amounts offset in the balance sheet Net amounts presented in the balance sheet Financial instruments Cash collateral received/pledged Net amount Assets: Federal funds sold and security resell agreements $ 634 $ (368) $ 266 $ — $ — $ 266 Derivatives (included in other assets) 483 — 483 (1) — 482 Total assets $ 1,117 $ (368) $ 749 $ (1) $ — $ 748 Liabilities: Federal funds purchased and other short-term borrowings $ 1,228 $ (368) $ 860 $ — $ — $ 860 Derivatives (included in other liabilities) 40 — 40 (1) (32) 7 Total Liabilities $ 1,268 $ (368) $ 900 $ (1) $ (32) $ 867 December 31, 2019 (In millions) Gross amounts not offset in the balance sheet Description Gross amounts recognized Gross amounts offset in the balance sheet Net amounts presented in the balance sheet Financial instruments Cash collateral received/pledged Net amount Assets: Federal funds sold and security resell agreements $ 694 $ (210) $ 484 $ — $ — $ 484 Derivatives (included in other assets) 153 — 153 (6) — 147 Total assets $ 847 $ (210) $ 637 $ (6) $ — $ 631 Liabilities: Federal funds purchased and other short-term borrowings $ 2,263 $ (210) $ 2,053 $ — $ — $ 2,053 Derivatives (included in other liabilities) 19 — 19 (6) (10) 3 Total Liabilities $ 2,282 $ (210) $ 2,072 $ (6) $ (10) $ 2,056 |
Schedule of Offsetting Assets and Liabilities | Gross and net information for selected financial instruments in the balance sheet is as follows: June 30, 2020 (In millions) Gross amounts not offset in the balance sheet Description Gross amounts recognized Gross amounts offset in the balance sheet Net amounts presented in the balance sheet Financial instruments Cash collateral received/pledged Net amount Assets: Federal funds sold and security resell agreements $ 634 $ (368) $ 266 $ — $ — $ 266 Derivatives (included in other assets) 483 — 483 (1) — 482 Total assets $ 1,117 $ (368) $ 749 $ (1) $ — $ 748 Liabilities: Federal funds purchased and other short-term borrowings $ 1,228 $ (368) $ 860 $ — $ — $ 860 Derivatives (included in other liabilities) 40 — 40 (1) (32) 7 Total Liabilities $ 1,268 $ (368) $ 900 $ (1) $ (32) $ 867 December 31, 2019 (In millions) Gross amounts not offset in the balance sheet Description Gross amounts recognized Gross amounts offset in the balance sheet Net amounts presented in the balance sheet Financial instruments Cash collateral received/pledged Net amount Assets: Federal funds sold and security resell agreements $ 694 $ (210) $ 484 $ — $ — $ 484 Derivatives (included in other assets) 153 — 153 (6) — 147 Total assets $ 847 $ (210) $ 637 $ (6) $ — $ 631 Liabilities: Federal funds purchased and other short-term borrowings $ 2,263 $ (210) $ 2,053 $ — $ — $ 2,053 Derivatives (included in other liabilities) 19 — 19 (6) (10) 3 Total Liabilities $ 2,282 $ (210) $ 2,072 $ (6) $ (10) $ 2,056 |
Investments (Tables)
Investments (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Investments [Abstract] | |
Summary Of Investment Securities | June 30, 2020 (In millions) Amortized Gross unrealized gains Gross unrealized losses Estimated Held-to-maturity Municipal securities $ 688 $ 5 $ 2 $ 691 Available-for-sale U.S. Treasury securities 100 — — 100 U.S. Government agencies and corporations: Agency securities 1,241 36 1 1,276 Agency guaranteed mortgage-backed securities 9,911 304 2 10,213 Small Business Administration loan-backed securities 1,325 — 39 1,286 Municipal securities 1,239 62 — 1,301 Other debt securities 25 — — 25 Total available-for-sale debt securities 13,841 402 42 14,201 Total investment securities $ 14,529 $ 407 $ 44 $ 14,892 December 31, 2019 (In millions) Amortized Gross unrealized gains Gross unrealized losses Estimated Held-to-maturity Municipal securities $ 592 $ 5 $ — $ 597 Available-for-sale U.S. Treasury securities 25 — — 25 U.S. Government agencies and corporations: Agency securities 1,301 5 4 1,302 Agency guaranteed mortgage-backed securities 9,518 83 42 9,559 Small Business Administration loan-backed securities 1,535 1 41 1,495 Municipal securities 1,282 37 — 1,319 Other debt securities 25 — — 25 Total available-for-sale debt securities 13,686 126 87 13,725 Total investment securities $ 14,278 $ 131 $ 87 $ 14,322 |
Contractual Maturities Debt Securities | June 30, 2020 Total debt investment securities Due in one year or less Due after one year through five years Due after five years through ten years Due after ten years (In millions) Amortized cost Avg yield Amortized cost Avg yield Amortized cost Avg yield Amortized cost Avg yield Amortized cost Avg yield Held-to-maturity Municipal securities 1 $ 688 3.41 % $ 191 2.64 % $ 237 3.38 % $ 148 3.87 % $ 112 4.18 % Available-for-sale U.S. Treasury securities 100 0.17 100 0.17 — — — — — — U.S. Government agencies and corporations: Agency securities 1,241 2.40 61 0.99 155 1.52 399 2.61 626 2.62 Agency guaranteed mortgage-backed securities 9,911 2.23 2 3.60 187 1.49 927 1.81 8,795 2.30 Small Business Administration loan-backed securities 1,325 1.45 — — 26 1.20 159 1.47 1,140 1.46 Municipal securities 1 1,239 2.56 83 1.90 560 2.26 494 2.85 102 3.39 Other debt securities 25 6.28 — — — — 10 9.50 15 4.13 Total available-for-sale debt securities 13,841 2.19 246 0.98 928 1.95 1,989 2.24 10,678 2.24 Total investment securities $ 14,529 2.26 % $ 437 1.71 % $ 1,165 2.24 % $ 2,137 2.35 % $ 10,790 2.26 % 1 The yields on tax-exempt securities are calculated on a tax-equivalent basis. |
Summary Of Amount Of Gross Unrealized Losses For Debt Securities And Estimated Fair Value | The following is a summary of the amount of gross unrealized losses for debt securities and the estimated fair value by length of time the securities have been in an unrealized loss position: June 30, 2020 Less than 12 months 12 months or more Total (In millions) Gross Estimated Gross Estimated Gross Estimated Held-to-maturity Municipal securities $ 1 $ 84 $ 1 $ 19 $ 2 $ 103 Available-for-sale U.S. Treasury securities — 25 — — — 25 U.S. Government agencies and corporations: Agency securities 1 74 — 69 1 143 Agency guaranteed mortgage-backed securities — 176 2 249 2 425 Small Business Administration loan-backed securities 1 149 38 1,070 39 1,219 Municipal securities — 22 — — — 22 Other — 15 — — — 15 Total available-for-sale 2 461 40 1,388 42 1,849 Total investment securities $ 3 $ 545 $ 41 $ 1,407 $ 44 $ 1,952 December 31, 2019 Less than 12 months 12 months or more Total (In millions) Gross Estimated Gross Estimated Gross Estimated Held-to-maturity Municipal securities $ — $ 73 $ — $ 45 $ — $ 118 Available-for-sale U.S. Government agencies and corporations: Agency securities 2 222 2 359 4 581 Agency guaranteed mortgage-backed securities 4 1,173 38 3,215 42 4,388 Small Business Administration loan-backed securities 1 172 40 1,215 41 1,387 Municipal securities — 50 — 5 — 55 Other — — — — — — Total available-for-sale 7 1,617 80 4,794 87 6,411 Total investment securities $ 7 $ 1,690 $ 80 $ 4,839 $ 87 $ 6,529 |
Debt Securities, Held-to-maturity | The amortized cost basis of HTM securities categorized by year of issuance is summarized as follows: June 30, 2020 Amortized cost basis by year of issuance (In millions) 2020 2019 2018 2017 2016 Prior Total Securities Held-to-maturity $ 153 $ 32 $ 1 $ 44 $ 203 $ 255 $ 688 |
Gains And Losses, Including OTTI, Recognized In Statement Of Income | The following summarizes gains and losses that were recognized in the statement of income: Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 (In millions) Gross gains Gross losses Gross gains Gross losses Gross gains Gross losses Gross gains Gross losses Other noninterest-bearing investments $ 3 $ 7 $ 1 $ 4 $ 8 $ 17 $ 5 $ 7 Net losses 1 $ (4) $ (3) $ (9) $ (2) 1 Net losses were recognized in securities losses, net in the statement of income. |
Interest Income By Security Type | Interest income by security type is as follows: Three Months Ended June 30, 2020 2019 (In millions) Taxable Nontaxable Total Taxable Nontaxable Total Investment securities: Held-to-maturity $ 3 $ 2 $ 5 $ 2 $ 4 $ 6 Available-for-sale 67 7 74 81 6 87 Trading — 1 1 — 2 2 Total securities $ 70 $ 10 $ 80 $ 83 $ 12 $ 95 Six Months Ended June 30, 2020 2019 (In millions) Taxable Nontaxable Total Taxable Nontaxable Total Investment securities: Held-to-maturity $ 5 $ 5 $ 10 $ 4 $ 8 $ 12 Available-for-sale 135 13 148 164 12 176 Trading — 3 3 — 3 3 Total $ 140 $ 21 $ 161 $ 168 $ 23 $ 191 |
Loans, Leases, And Allowance _2
Loans, Leases, And Allowance For Credit Losses (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Loans And Allowance For Credit Losses [Abstract] | |
Summary Of Major Portfolio Segment And Specific Loan Class | Loans and leases are summarized as follows according to major portfolio segment and specific loan class: (In millions) June 30, December 31, Loans held for sale $ 105 $ 129 Commercial: Commercial and industrial $ 14,076 $ 14,760 PPP 6,690 — Leasing 324 334 Owner-occupied 8,083 7,901 Municipal 2,535 2,393 Total commercial 31,708 25,388 Commercial real estate: Construction and land development 2,367 2,211 Term 9,587 9,344 Total commercial real estate 11,954 11,555 Consumer: Home equity credit line 2,856 2,917 1-4 family residential 7,393 7,568 Construction and other consumer real estate 640 624 Bankcard and other revolving plans 437 502 Other 141 155 Total consumer 11,467 11,766 Total loans and leases $ 55,129 $ 48,709 |
Summary Of Changes in The Allowance For Credit Losses | Changes in the ACL are summarized as follows: Three Months Ended June 30, 2020 (In millions) Commercial Commercial Consumer Total Allowance for loan losses Balance at beginning of period $ 413 $ 128 $ 189 $ 730 Provision for loan losses 186 16 (41) 161 Gross loan and lease charge-offs 31 — 5 36 Recoveries 3 — 2 5 Net loan and lease charge-offs (recoveries) 28 — 3 31 Balance at end of period $ 571 $ 144 $ 145 $ 860 Reserve for unfunded lending commitments Balance at beginning of period $ 16 $ 23 $ 8 $ 47 Provision for unfunded lending commitments 11 (3) (1) 7 Balance at end of period $ 27 $ 20 $ 7 $ 54 Total allowance for credit losses at end of period Allowance for loan losses $ 571 $ 144 $ 145 $ 860 Reserve for unfunded lending commitments 27 20 7 54 Total allowance for credit losses $ 598 $ 164 $ 152 $ 914 Six Months Ended June 30, 2020 (In millions) Commercial Commercial Consumer Total Allowance for loan losses Balance at December 31, 2019 $ 341 $ 101 $ 53 $ 495 Adjustment for change in accounting standard (59) (32) 93 2 Balance at beginning of period (January 1, 2020) 282 69 146 497 Provision for loan losses 323 75 3 401 Gross loan and lease charge-offs 41 — 8 49 Recoveries 7 — 4 11 Net loan and lease charge-offs (recoveries) 34 — 4 38 Balance at end of period $ 571 $ 144 $ 145 $ 860 Reserve for unfunded lending commitments Balance at December 31, 2019 $ 39 $ 20 $ — $ 59 Adjustment for change in accounting standard (28) (8) 6 (30) Balance at beginning of period (January 1, 2020) 11 12 6 29 Provision for unfunded lending commitments 16 8 1 25 Balance at end of period $ 27 $ 20 $ 7 $ 54 Total allowance for credit losses at end of period Allowance for loan losses $ 571 $ 144 $ 145 $ 860 Reserve for unfunded lending commitments 27 20 7 54 Total allowance for credit losses $ 598 $ 164 $ 152 $ 914 Three Months Ended June 30, 2019 (In millions) Commercial Commercial Consumer Total Allowance for loan losses Balance at beginning of period $ 328 $ 113 $ 56 $ 497 Provision for loan losses 23 1 (4) 20 Gross loan and lease charge-offs 19 — 4 23 Recoveries 6 — 3 9 Net loan and lease charge-offs (recoveries) 13 — 1 14 Balance at end of period $ 338 $ 114 $ 51 $ 503 Reserve for unfunded lending commitments Balance at beginning of period $ 42 $ 17 $ — $ 59 Provision for unfunded lending commitments (1) 2 — 1 Balance at end of period $ 41 $ 19 $ — $ 60 Total allowance for credit losses at end of period Allowance for loan losses $ 338 $ 114 $ 51 $ 503 Reserve for unfunded lending commitments 41 19 — 60 Total allowance for credit losses $ 379 $ 133 $ 51 $ 563 Six Months Ended June 30, 2019 (In millions) Commercial Commercial Consumer Total Allowance for loan losses Balance at beginning of period $ 331 $ 110 $ 54 $ 495 Provision for loan losses 22 2 (2) 22 Gross loan and lease charge-offs 27 1 7 35 Recoveries 12 3 6 21 Net loan and lease charge-offs (recoveries) 15 (2) 1 14 Balance at end of period $ 338 $ 114 $ 51 $ 503 Reserve for unfunded lending commitments Balance at beginning of period $ 40 $ 17 $ — $ 57 Provision for unfunded lending commitments 1 2 — 3 Balance at end of period $ 41 $ 19 $ — $ 60 Total allowance for credit losses at end of period Allowance for loan losses $ 338 $ 114 $ 51 $ 503 Reserve for unfunded lending commitments 41 19 — 60 Total allowance for credit losses $ 379 $ 133 $ 51 $ 563 |
Summary Of Nonaccrual Loans | The amortized cost basis of loans on nonaccrual status are summarized as follows: June 30, 2020 Amortized cost basis Total amortized cost basis (In millions) with no allowance with allowance Related allowance Commercial: Commercial and industrial $ 26 $ 146 $ 172 $ 33 PPP — — — — Leasing — 1 1 — Owner-occupied 29 39 68 2 Municipal — — — — Total commercial 55 186 241 35 Commercial real estate: Construction and land development — — — — Term 14 9 23 1 Total commercial real estate 14 9 23 1 Consumer: Home equity credit line 1 14 15 2 1-4 family residential 9 50 59 3 Construction and other consumer real estate — — — — Bankcard and other revolving plans — 1 1 1 Other — — — — Total consumer loans 10 65 75 6 Total $ 79 $ 260 $ 339 $ 42 The amount of accrued interest receivables written off by reversing interest income during the period is summarized by loan portfolio segment as follows: (In millions) Three Months Ended Six Months Ended Commercial $ 4 $ 8 Commercial real estate 1 1 Consumer — — Total $ 5 $ 9 |
Summary Of Past Due Loans (Accruing And Nonaccruing) | Past due loans (accruing and nonaccruing) are summarized as follows: June 30, 2020 (In millions) Current 30-89 days 90+ days Total Total Accruing Nonaccrual loans that are current 1 Commercial: Commercial and industrial $ 13,912 $ 104 $ 60 $ 164 $ 14,076 $ 5 $ 108 PPP 6,690 — — — 6,690 — — Leasing 324 — — — 324 — 1 Owner-occupied 8,028 29 26 55 8,083 2 40 Municipal 2,535 — — — 2,535 — — Total commercial 31,489 133 86 219 31,708 7 149 Commercial real estate: Construction and land development 2,357 10 — 10 2,367 — — Term 9,542 23 22 45 9,587 8 6 Total commercial real estate 11,899 33 22 55 11,954 8 6 Consumer: Home equity credit line 2,850 2 4 6 2,856 — 10 1-4 family residential 7,338 15 40 55 7,393 — 16 Construction and other consumer real estate 638 2 — 2 640 — — Bankcard and other revolving plans 433 3 1 4 437 1 — Other 140 1 — 1 141 — — Total consumer loans 11,399 23 45 68 11,467 1 26 Total $ 54,787 $ 189 $ 153 $ 342 $ 55,129 $ 16 $ 181 December 31, 2019 (In millions) Current 30-89 days 90+ days Total Total Accruing Nonaccrual loans that are current 1 Commercial: Commercial and industrial $ 14,665 $ 57 $ 38 $ 95 $ 14,760 $ 8 $ 54 PPP — — — — — — — Leasing 334 — — — 334 1 — Owner-occupied 7,862 20 19 39 7,901 — 44 Municipal 2,393 — — — 2,393 — — Total commercial 25,254 77 57 134 25,388 9 98 Commercial real estate: Construction and land development 2,206 5 — 5 2,211 — 1 Term 9,333 8 3 11 9,344 — 10 Total commercial real estate 11,539 13 3 16 11,555 — 11 Consumer: Home equity credit line 2,908 6 3 9 2,917 — 7 1-4 family residential 7,532 12 24 36 7,568 — 13 Construction and other consumer real estate 624 — — — 624 — — Bankcard and other revolving plans 499 2 1 3 502 1 — Other 154 1 — 1 155 — — Total consumer loans 11,717 21 28 49 11,766 1 20 Total $ 48,510 $ 111 $ 88 $ 199 $ 48,709 $ 10 $ 129 1 Represents nonaccrual loans that are not past due more than 30 days; however, full payment of principal and interest is still not expected. |
Summary Of Outstanding Loan Balances (Accruing And Nonaccruing) Categorized By Credit Quality Indicators | The amortized cost basis of loans and leases categorized by year of origination and by credit quality classifications as monitored by management are summarized as follows: June 30, 2020 Term Loans Revolving loans amortized cost basis Revolving loans converted to term loans amortized cost basis Amortized cost basis by year of origination (In millions) 2020 2019 2018 2017 2016 Prior Total Commercial: Commercial and industrial Pass $ 1,084 $ 3,456 $ 2,401 $ 1,312 $ 516 $ 317 $ 3,430 $ 37 $ 12,553 Special Mention 45 186 160 90 14 63 135 1 694 Accruing Substandard 28 159 203 93 24 23 124 3 657 Nonaccrual 1 33 12 37 10 17 32 30 172 Total commercial and industrial 1,158 3,834 2,776 1,532 564 420 3,721 71 14,076 PPP Pass 6,690 — — — — — — — 6,690 Special Mention — — — — — — — — — Accruing Substandard — — — — — — — — — Nonaccrual — — — — — — — — — Total leasing 6,690 — — — — — — — 6,690 Leasing Pass 49 127 52 40 20 9 — — 297 Special Mention — 9 3 2 1 7 — — 22 Accruing Substandard — 2 1 1 — — — — 4 Nonaccrual — — — — 1 — — — 1 Total leasing 49 138 56 43 22 16 — — 324 Owner-occupied Pass 739 1,370 1,306 1,028 718 2,096 156 17 7,430 Special Mention 36 53 63 42 42 45 14 — 295 Accruing Substandard 15 36 42 39 35 112 10 1 290 Nonaccrual — 9 14 11 7 26 — 1 68 Total owner-occupied 790 1,468 1,425 1,120 802 2,279 180 19 8,083 Municipal Pass 371 890 408 487 79 260 — 1 2,496 Special Mention — — — — — 14 — — 14 Accruing Substandard — — 21 — — 4 — — 25 Nonaccrual — — — — — — — — — Total municipal 371 890 429 487 79 278 — 1 2,535 Total commercial 9,058 6,330 4,686 3,182 1,467 2,993 3,901 91 31,708 June 30, 2020 Term Loans Revolving loans amortized cost basis Revolving loans converted to term loans amortized cost basis Amortized cost basis by year of origination (In millions) 2020 2019 2018 2017 2016 Prior Total Commercial real estate: Construction and land development Pass 357 740 604 47 13 8 457 3 2,229 Special Mention 26 40 21 27 — — 20 — 134 Accruing Substandard — 4 — — — — — — 4 Nonaccrual — — — — — — — — — Total construction and land development 383 784 625 74 13 8 477 3 2,367 Term Pass 1,444 2,052 1,739 1,014 901 1,517 77 9 8,753 Special Mention 57 161 170 89 15 157 5 — 654 Accruing Substandard 37 25 30 20 14 31 — — 157 Nonaccrual — — 1 4 — 17 1 — 23 Total term 1,538 2,238 1,940 1,127 930 1,722 83 9 9,587 Total commercial real estate 1,921 3,022 2,565 1,201 943 1,730 560 12 11,954 Consumer: Home equity credit line Pass — — — — — — 2,693 141 2,834 Accruing Substandard — — — — — — 6 1 7 Nonaccrual — — — — — — 11 4 15 Total home equity credit line — — — — — — 2,710 146 2,856 1-4 family residential Pass 563 1,107 1,017 1,320 1,373 1,951 — — 7,331 Accruing Substandard — — 1 — 1 1 — — 3 Nonaccrual — 2 3 10 8 36 — — 59 Total 1-4 family residential 563 1,109 1,021 1,330 1,382 1,988 — — 7,393 Construction and other consumer real estate Pass 54 354 187 28 2 15 — — 640 Accruing Substandard — — — — — — — — — Nonaccrual — — — — — — — — — Total construction and other consumer real estate 54 354 187 28 2 15 — — 640 Bankcard and other revolving plans Pass — — — — — — 431 1 432 Accruing Substandard — — — — — — 4 — 4 Nonaccrual — — — — — — 1 — 1 Total bankcard and other revolving plans — — — — — — 436 1 437 Other consumer Pass 35 49 32 16 6 3 — — 141 Accruing Substandard — — — — — — — — — Nonaccrual — — — — — — — — — Total other consumer 35 49 32 16 6 3 — — 141 Total consumer 652 1,512 1,240 1,374 1,390 2,006 3,146 147 11,467 Total loans $ 11,631 $ 10,864 $ 8,491 $ 5,757 $ 3,800 $ 6,729 $ 7,607 $ 250 $ 55,129 |
Summary Of TDRs (Accruing And Nonaccruing) Categorized By Loan Class And Modification Type | Selected information on TDRs that includes the recorded investment on an accruing and nonaccruing basis by loan class and modification type is summarized in the following schedules: June 30, 2020 Recorded investment resulting from the following modification types: (In millions) Interest Maturity Principal Payment Other 1 Multiple modification types 2 Total Accruing Commercial: Commercial and industrial $ 1 $ 5 $ — $ — $ 7 $ 3 $ 16 Owner-occupied 3 1 — 3 4 9 20 Total commercial 4 6 — 3 11 12 36 Commercial real estate: Term 1 — — 7 94 24 126 Total commercial real estate 1 — — 7 94 24 126 Consumer: Home equity credit line — 1 7 — 1 2 11 1-4 family residential 1 1 4 — 1 17 24 Construction and other consumer real estate — — — — — — — Total consumer loans 1 2 11 — 2 19 35 Total accruing 6 8 11 10 107 55 197 Nonaccruing Commercial: Commercial and industrial — — — 10 4 51 65 Owner-occupied 5 — — — 1 2 8 Municipal — — — — — — — Total commercial 5 — — 10 5 53 73 Commercial real estate: Term 1 — — 1 3 2 7 Total commercial real estate 1 — — 1 3 2 7 Consumer: Home equity credit line — — 1 — — — 1 1-4 family residential — — 1 1 — 5 7 Total consumer loans — — 2 1 — 5 8 Total nonaccruing 6 — 2 12 8 60 88 Total $ 12 $ 8 $ 13 $ 22 $ 115 $ 115 $ 285 1 Includes TDRs that resulted from other modification types including, but not limited to, a legal judgment awarded on different terms, a bankruptcy plan confirmed on different terms, a settlement that includes the delivery of collateral in exchange for debt reduction, etc. 2 Includes TDRs that resulted from a combination of any of the previous modification types. December 31, 2019 Recorded investment resulting from the following modification types: (In millions) Interest Maturity Principal Payment Other 1 Multiple modification types 2 Total Accruing Commercial: Commercial and industrial $ 1 $ 2 $ — $ — $ 8 $ 5 $ 16 Owner-occupied 3 1 — — 4 7 15 Total commercial 4 3 — — 12 12 31 Commercial real estate: Term 2 — — 1 — 3 6 Total commercial real estate 2 — — 1 — 3 6 Consumer: Home equity credit line — 2 7 — — 2 11 1-4 family residential 1 1 4 — 1 22 29 Construction and other consumer real estate — 1 — — — — 1 Total consumer loans 1 4 11 — 1 24 41 Total accruing 7 7 11 1 13 39 78 Nonaccruing Commercial: Commercial and industrial — 4 — 20 4 22 50 Owner-occupied 5 — — — 1 4 10 Municipal — — — — — — — Total commercial 5 4 — 20 5 26 60 Commercial real estate: Term 1 — — — 3 3 7 Total commercial real estate 1 — — — 3 3 7 Consumer: Home equity credit line — — 2 — — — 2 1-4 family residential — — 1 — 1 4 6 Total consumer loans — — 3 — 1 4 8 Total nonaccruing 6 4 3 20 9 33 75 Total $ 13 $ 11 $ 14 $ 21 $ 22 $ 72 $ 153 1 Includes TDRs that resulted from other modification types including, but not limited to, a legal judgment awarded on different terms, a bankruptcy plan confirmed on different terms, a settlement that includes the delivery of collateral in exchange for debt reduction, etc. 2 Includes TDRs that resulted from a combination of any of the previous modification types. The recorded investment of accruing and nonaccruing TDRs that had a payment default during the period listed below (and are still in default at period end) and are within 12 months or less of being modified as TDRs is as follows: Three Months Ended Three Months Ended (In millions) Accruing Nonaccruing Total Accruing Nonaccruing Total Commercial and industrial $ — $ 2 $ 2 $ — $ 3 $ 3 1-4 family residential — — — — 1 1 Total $ — $ 2 $ 2 $ — $ 4 $ 4 Six Months Ended Six Months Ended (In millions) Accruing Nonaccruing Total Accruing Nonaccruing Total Commercial and industrial $ — $ 3 $ 3 $ — $ 6 $ 6 Term — — — — 1 1 1-4 family residential — — — — 1 1 Construction and other consumer real estate — — — — — — Total $ — $ 3 $ 3 $ — $ 8 $ 8 Note: Total loans modified as TDRs during the 12 months previous to June 30, 2020 and 2019 were $173 million and $69 million , respectively. |
Summary Of Collateral-Dependent Loans | Selected information on loans for which the repayment is expected to be provided substantially through the operation or sale of the underlying collateral and the borrower is experiencing financial difficulties, including the type of collateral and the extent to which the collateral secures the loans, is summarized as follows: June 30, 2020 (In millions) Amortized Cost Major Types of Collateral Weighted Average LTV 1 Commercial: Commercial and industrial $ 16 Single family residential, Agriculture 47% Owner-occupied 2 Farm land 26% Commercial real estate: Term 10 Multi-family, Industrial 50% Consumer: Home equity credit line 2 Single family residential 26% 1-4 family residential 1 Single family residential 45% Total $ 31 1 The fair value is based on the most recent appraisal or other collateral evaluation. |
Derivative Instruments and He_2
Derivative Instruments and Hedging Activities (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Summary of Derivative Instruments [Abstract] | |
Schedule of Derivative Amounts | Selected information with respect to notional amounts and recorded gross fair values at June 30, 2020 and December 31, 2019, is summarized as follows: June 30, 2020 December 31, 2019 Notional Fair value Notional Fair value (In millions) Other Other Other Other Derivatives designated as hedging instruments: Cash flow hedges: Purchased interest rate floors $ — $ — $ — $ — $ — $ — Receive-fixed interest rate swaps 3,500 — — 3,588 — — Fair value hedges: Receive-fixed interest rate swaps 500 — — 1,500 — — Total derivatives designated as hedging instruments 4,000 — — 5,088 — — Derivatives not designated as hedging instruments: Customer-facing interest rate derivatives 1, 2 5,280 460 — 4,409 146 5 Offsetting interest rate derivatives 2 5,281 — 494 4,422 5 157 Other interest rate derivatives 1,679 20 6 726 3 1 Foreign exchange derivatives 273 3 2 385 4 4 Total derivatives not designated as hedging instruments 12,513 483 502 9,942 158 167 Total derivatives $ 16,513 $ 483 $ 502 $ 15,030 $ 158 $ 167 1 Customer-facing interest rate derivatives in an asset position include a $34 million and an $11 million net credit valuation adjustment reducing the fair value amounts as of June 30, 2020 and December 31, 2019, respectively. There was no significant debit valuation adjustment for derivative liabilities. These adjustments are required to reflect both our nonperformance risk and that of the respective counterparty. 2 The fair value amounts for these derivatives do not include the settlement amounts for those trades that are cleared. Once the settlement amounts with the clearing houses are included the derivative fair values would be the following: June 30, 2020 December 31, 2019 (In millions) Other assets Other liabilities Other assets Other liabilities Customer-facing interest rate derivatives $ 460 $ — $ 141 $ 5 Offsetting interest rate derivatives — 32 5 9 |
Schedule of Derivative Gains (Losses) Deferred in OCI or Recognized in Earnings | The amount of derivative gains (losses) from cash flow and fair value hedges that was deferred in OCI or recognized in earnings for the three and six months ended June 30, 2020 and 2019 is as follows: Amount of derivative gain (loss) recognized/reclassified Three Months Ended June 30, 2020 (In millions) Effective Portion of Derivatives Gain/(Loss) Deferred in OCI Excluded Components Deferred in OCI (Amortization Approach) Amount of Gain/(Loss) Reclassified From OCI into Income Interest on Fair Value Hedges Hedge Ineffectiveness / OCI Reclass due to Missed Forecast Derivatives designated as hedging instruments: Cash flow hedges of floating-rate assets 1 : Purchased interest rate floors $ — $ — $ 3 $ — $ — Interest rate swaps 10 — 10 — — Fair value hedges of fixed-rate debt: Receive-fixed interest rate swaps — — — 1 — Basis amortization on terminated swaps 2 — — — 6 — Total derivatives designated as hedging instruments $ 10 $ — $ 13 $ 7 $ — Amount of derivative gain (loss) recognized/reclassified Six Months Ended June 30, 2020 (In millions) Effective Portion of Derivatives Gain/(Loss) Deferred in OCI Excluded Components Deferred in OCI (Amortization Approach) Amount of Gain/(Loss) Reclassified From OCI into Income Interest on Fair Value Hedges Hedge Ineffectiveness / OCI Reclass due to Missed Forecast Derivatives designated as hedging instruments: Cash flow hedges of floating-rate assets 1 : Purchased interest rate floors $ — $ — $ 6 $ — $ — Interest rate swaps 102 — 11 — — Fair value hedges of fixed-rate debt: Receive-fixed interest rate swaps — — — 3 — Basis amortization on terminated swaps 2 — — — 7 — Total derivatives designated as hedging instruments $ 102 $ — $ 17 $ 10 $ — Amount of derivative gain (loss) recognized/reclassified Three Months Ended June 30, 2019 (In millions) Effective Portion of Derivatives Gain/(Loss) Deferred in OCI Excluded Components Deferred in OCI (Amortization Approach) Amount of Gain/(Loss) Reclassified From OCI into Income Interest on Fair Value Hedges Hedge Ineffectiveness / OCI Reclass due to Missed Forecast Derivatives designated as hedging instruments: Cash flow hedges of floating-rate assets 1 : Purchased interest rate floors $ 2 $ 15 $ (1) $ — $ — Interest rate swaps 24 — (1) — — Fair value hedges of fixed-rate debt: Receive-fixed interest rate swaps — — — — — Basis amortization on terminated swaps 2 — — — — — Total derivatives designated as hedging instruments $ 26 $ 15 $ (2) $ — $ — Amount of derivative gain (loss) recognized/reclassified Six Months Ended June 30, 2019 (In millions) Effective Portion of Derivatives Gain/(Loss) Deferred in OCI Excluded Components Deferred in OCI (Amortization Approach) Amount of Gain/(Loss) Reclassified From OCI into Income Interest on Fair Value Hedges Hedge Ineffectiveness / OCI Reclass due to Missed Forecast Derivatives designated as hedging instruments: Cash flow hedges of floating-rate assets 1 : Purchased interest rate floors $ 2 $ 18 $ (1) $ — $ — Interest rate swaps 33 — (3) — — Fair value hedges of fixed-rate debt: Receive-fixed interest rate swaps — — — 1 — Basis amortization on terminated swaps 2 — — — — — Total derivatives designated as hedging instruments $ 35 $ 18 $ (4) $ 1 $ — Note: These schedules are not intended to present at any given time the Bank’s long/short position with respect to its derivative contracts. 1 Amounts recognized in OCI and reclassified from AOCI represent the effective portion of the derivative gain (loss). For the 12 months following June 30, 2020, we estimate that $61 million will be reclassified from AOCI into interest 2 Adjustment to interest expense resulting from the amortization of the debt basis adjustment on fixed-rate debt previously hedged by terminated receive-fixed interest rate. |
Schedule of Gains (Losses) Recognized From Derivatives Not Designated As Accounting Hedges | The amount of gains (losses) recognized from derivatives not designated as accounting hedges is as follows: Noninterest (Other) Income/(Expense) (In millions) Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 Derivatives not designated as hedging instruments: Customer-facing interest rate derivatives $ 34 $ 346 $ 86 $ 132 Offsetting interest rate derivatives (39) (352) (85) (130) Other interest rate derivatives 2 11 (1) (1) Foreign exchange derivatives 5 12 6 11 Total derivatives not designated as hedging instruments $ 2 $ 17 $ 6 $ 12 |
Schedule of Fair Value Hedges | The following schedule presents derivatives used in fair value hedge accounting relationships, as well as pre-tax gains/(losses) recorded on such derivatives and the related hedged items for the periods presented. Gain/(loss) recorded in income Three Months Ended June 30, 2020 Three Months Ended June 30, 2019 (In millions) Derivatives 2 Hedged items Total income statement impact Derivatives 2 Hedged items Total income statement impact Interest rate swaps 1 $ 4 $ (4) $ — $ 12 $ (12) $ — Gain/(loss) recorded in income Six Months Ended June 30, 2020 Six Months Ended June 30, 2019 (In millions) Derivatives 2 Hedged items Total income statement impact Derivatives 2 Hedged items Total income statement impact Interest rate swaps 1 $ 75 $ (75) $ — $ 18 $ (18) $ — 1 Consists of hedges of benchmark interest rate risk of fixed-rate long-term debt. Gains and losses were recorded in net interest income. 2 The income for derivatives does not reflect interest income/expense to be consistent with the presentation of the gains/ (losses) on the hedged items. |
Schedule of Hedged Item Included in Long Term Debt | The following schedule provides selected information regarding the long-term debt in the statement of financial position in which the hedged item is included. Carrying amount of the hedged assets/(liabilities) 1 Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets/(liabilities) (In millions) June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 Long-term debt 2 $ (549) $ (1,510) $ (49) $ (10) 1 Carrying amounts displayed above exclude issuance discounts or premiums and unamortized issuance costs. 2 The carrying amount of long-term fixed-rate debt excludes amounts related to terminated fair value hedges. |
Leases (Tables)
Leases (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Leases [Abstract] | |
Lease related assets and liabilities | The following schedule presents lease-related assets and liabilities, their weighted average remaining life, and the weighted average discount rate. (Dollar amounts in millions) June 30, December 31, 2019 Operating assets and liabilities Operating right-of-use assets, net of amortization $ 209 $ 218 Operating lease liabilities 237 246 Weighted average remaining lease term (years) Operating leases 8.9 9.1 Finance leases 19.7 20.2 Weighted average discount rate Operating leases 3.1 % 3.2 % Finance leases 3.1 % 3.1 % |
Lease expense | The components of lease expense are as follows: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2020 2019 2020 2019 Operating lease costs $ 12 $ 12 $ 24 $ 24 Variable lease costs 12 13 24 26 Total lease cost $ 24 $ 25 $ 48 $ 50 |
Supplemental cash flow information and ROU assets | Supplemental cash flow information related to leases is as follows: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2020 2019 2020 2019 Cash paid for amounts in the measurement of lease liabilities: Operating cash disbursements from operating leases $ 13 $ 12 $ 25 $ 24 ROU assets obtained in exchange for lease liabilities: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2020 2019 2020 2019 New operating lease liabilities $ 3 $ 4 $ 6 $ 4 |
Operating lease liabilities maturities analysis | Maturities analysis for operating lease liabilities as of June 30, 2020 is as follows (contractual undiscounted lease payments): (In millions) 2020 1 $ 25 2021 47 2022 42 2023 35 2024 26 Thereafter 104 Total $ 279 1 Contractual maturities for the six months remaining in 2020. |
Long-Term Debt And Shareholde_2
Long-Term Debt And Shareholders' Equity (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Capitalization, Long-term Debt and Equity [Abstract] | |
Schedule of Long-term Debt | Long-term debt is summarized as follows: (In millions) June 30, December 31, 2019 Subordinated notes $ 630 $ 572 Senior notes 719 1,147 Finance lease obligations 4 4 Total $ 1,353 $ 1,723 |
Schedule Of Changes In Accumulated Other Comprehensive Income | Changes in AOCI by component are as follows: (In millions) Net unrealized gains (losses) on investment securities Net unrealized gains (losses) on derivatives and other Pension and post-retirement Total Six Months Ended June 30, 2020 Balance at December 31, 2019 $ 29 $ 28 $ (14) $ 43 OCI before reclassifications, net of tax 241 71 13 325 Amounts reclassified from AOCI, net of tax — (13) — (13) OCI 241 58 13 312 Balance at June 30, 2020 $ 270 $ 86 $ (1) $ 355 Income tax expense included in OCI $ 79 $ 19 $ 4 $ 102 Six Months Ended June 30, 2019 Balance at December 31, 2018 $ (228) $ (1) $ (21) $ (250) OCI before reclassifications, net of tax 237 36 — 273 Amounts reclassified from AOCI, net of tax — 2 — 2 OCI 237 38 — 275 Balance at June 30, 2019 $ 9 $ 37 $ (21) $ 25 Income tax expense included in OCI $ 78 $ 12 $ — $ 90 |
Reclassification out of Accumulated Other Comprehensive Income | Amounts reclassified from AOCI 1 Amounts reclassified from AOCI 1 Statement of income (SI) (In millions) Three Months Ended Six Months Ended Details about AOCI components 2020 2019 2020 2019 Affected line item Net unrealized gains (losses) on derivative instruments $ 13 $ (2) $ 17 $ (4) SI Interest and fees on loans Income tax expense (benefit) 3 (1) 4 (2) Amounts Reclassified from AOCI 10 (1) 13 (2) 1 Positive reclassification amounts indicate increases to earnings in the statement of income. |
Commitments, Guarantees, And _2
Commitments, Guarantees, And Contingent Liabilities (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Guarantees, Commitments And Contingencies [Abstract] | |
Schedule Of Off Balance Sheet Financial Instruments | Contractual amounts of off-balance sheet financial instruments used to meet the financing needs of our customers are as follows: (In millions) June 30, December 31, Net unfunded commitments to extend credit 1 $ 23,498 $ 23,099 Standby letters of credit: Financial 532 631 Performance 178 192 Commercial letters of credit 21 5 Total unfunded lending commitments $ 24,229 $ 23,927 1 Net of participations |
Revenue Recognition and Deferre
Revenue Recognition and Deferred Revenue (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Revenue Recognition and Deferred Revenue [Abstract] | |
Reconciliation of Revenue from Segments to Consolidated | The following schedule presents the noninterest income and net revenue by operating segments for the three months ended June 30, 2020 and 2019: Zions Bank Amegy CB&T (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 10 $ 10 $ 10 $ 9 $ 5 $ 6 Card fees 11 13 6 7 3 4 Retail and business banking fees 4 5 3 4 3 3 Capital markets and foreign exchange fees (1) — 1 1 — — Wealth management and trust fees 6 4 4 3 2 1 Other customer-related fees 1 1 — — — 1 Total noninterest income from contracts with customers (ASC 606) 31 33 24 24 13 15 Other noninterest income (Non-ASC 606 customer related) 7 3 8 10 6 7 Total customer-related fees 38 36 32 34 19 22 Other noninterest income (non-customer related) — 2 (1) — — — Total noninterest income 38 38 31 34 19 22 Other real estate owned gain from sale — — — — — — Net interest income 156 175 120 127 123 134 Total income less interest expense $ 194 $ 213 $ 151 $ 161 $ 142 $ 156 NBAZ NSB Vectra (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 2 $ 2 $ 1 $ 2 $ 1 $ 1 Card fees 2 3 2 3 1 2 Retail and business banking fees 2 2 2 3 1 1 Capital markets and foreign exchange fees — — — — — — Wealth management and trust fees — — 1 1 1 — Other customer-related fees — — — — — — Total noninterest income from contracts with customers (ASC 606) 6 7 6 9 4 4 Other noninterest income (Non-ASC 606 customer related) 4 3 4 2 4 2 Total customer-related fees 10 10 10 11 8 6 Other noninterest income (non-customer related) — 1 — — — — Total noninterest income 10 11 10 11 8 6 Other real estate owned gain from sale — — — — — — Net interest income 53 59 35 38 33 35 Total income less interest expense $ 63 $ 70 $ 45 $ 49 $ 41 $ 41 TCBW Other Consolidated Bank (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 1 $ 1 $ — $ (1) $ 30 $ 30 Card fees — — — — 25 32 Retail and business banking fees — — — 2 15 20 Capital markets and foreign exchange fees — — 3 1 3 2 Wealth management and trust fees — — 1 5 15 14 Other customer-related fees — — 5 3 6 5 Total noninterest income from contracts with customers (ASC 606) 1 1 9 10 94 103 Other noninterest income (Non-ASC 606 customer related) — — 3 — 36 27 Total customer-related fees 1 1 12 10 130 130 Other noninterest income (non-customer related) — — (12) (1) (13) 2 Total noninterest income 1 1 — 9 117 132 Other real estate owned gain from sale — — — — — — Net interest income 13 14 30 (13) 563 569 Total income less interest expense $ 14 $ 15 $ 30 $ (4) $ 680 $ 701 The following schedule presents the noninterest income and net revenue by operating segments for the six months ended June 30, 2020 and 2019: Zions Bank Amegy CB&T (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 21 $ 20 $ 19 $ 17 $ 11 $ 11 Card fees 23 25 12 14 6 8 Retail and business banking fees 10 11 7 8 6 7 Capital markets and foreign exchange fees (1) — 3 3 — — Wealth management and trust fees 11 8 8 5 4 2 Other customer-related fees 1 2 1 1 1 1 Total noninterest income from contracts with customers (ASC 606) 65 66 50 48 28 29 Other noninterest income (Non-ASC 606 customer related) 12 4 17 20 15 12 Total customer-related fees 77 70 67 68 43 41 Other noninterest income (non-customer related) (1) 1 — — 1 — Total noninterest income 76 71 67 68 44 41 Other real estate owned gain from sale — 1 — — — — Net interest income 314 351 237 252 245 267 Total income less interest expense $ 390 $ 423 $ 304 $ 320 $ 289 $ 308 NBAZ NSB Vectra (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 4 $ 4 $ 4 $ 4 $ 3 $ 3 Card fees 5 6 5 6 2 3 Retail and business banking fees 4 4 4 6 2 2 Capital markets and foreign exchange fees — — — — — — Wealth management and trust fees 1 1 2 2 2 1 Other customer-related fees — — — — — — Total noninterest income from contracts with customers (ASC 606) 14 15 15 18 9 9 Other noninterest income (Non-ASC 606 customer related) 7 6 6 3 7 3 Total customer-related fees 21 21 21 21 16 12 Other noninterest income (non-customer related) — — — — — — Total noninterest income 21 21 21 21 16 12 Other real estate owned gain from sale — — — — — — Net interest income 105 117 70 76 65 69 Total income less interest expense $ 126 $ 138 $ 91 $ 97 $ 81 $ 81 TCBW Other Consolidated Bank (In millions) 2020 2019 2020 2019 2020 2019 Commercial account fees $ 1 $ 1 $ (2) $ — $ 61 $ 60 Card fees — 1 2 (1) 55 62 Retail and business banking fees — — — — 33 38 Capital markets and foreign exchange fees — — 4 2 6 5 Wealth management and trust fees — — 2 8 30 27 Other customer-related fees — — 8 5 11 9 Total noninterest income from contracts with customers (ASC 606) 1 2 14 14 196 201 Other noninterest income (Non-ASC 606 customer related) 1 — 10 3 75 51 Total customer-related fees 2 2 24 17 271 252 Other noninterest income (non-customer related) — — (21) 11 (21) 12 Total noninterest income 2 2 3 28 250 264 Other real estate owned gain from sale — — — 1 — 2 Net interest income 25 27 50 (14) 1,111 1,145 Total income less interest expense $ 27 $ 29 $ 53 $ 15 $ 1,361 $ 1,411 |
Retirement Plans (Tables)
Retirement Plans (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Defined Benefit Plan [Abstract] | |
Schedule Of Net Periodic Benefit Cost (Credit) For Pension And Postretirement Plans | The following discloses the net periodic cost (benefit) and its components for the Bank’s pension and other retirement plans: (In millions) Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Interest cost $ — $ 1 $ 2 $ 3 Expected return on plan assets (1) (2) (3) (4) Pension termination-related expense 28 — 28 — Amortization of net actuarial loss — 1 — 1 Net periodic cost $ 27 $ — $ 27 $ — |
Net Earnings Per Common Share (
Net Earnings Per Common Share (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Earnings Per Share [Abstract] | |
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method | Basic and diluted net earnings per common share based on the weighted average outstanding shares are summarized as follows: Three Months Ended Six Months Ended (In millions, except shares and per share amounts) 2020 2019 2020 2019 Basic: Net income $ 66 $ 198 $ 80 $ 411 Less common and preferred dividends 66 63 130 127 Undistributed earnings — 135 (50) 284 Less undistributed earnings applicable to nonvested shares — 1 — 2 Undistributed earnings applicable to common shares — 134 (50) 282 Distributed earnings applicable to common shares 56 54 112 110 Total earnings applicable to common shares $ 56 $ 188 $ 62 $ 392 Weighted average common shares outstanding (in thousands) 163,542 179,156 163,843 181,946 Net earnings per common share $ 0.34 $ 1.05 $ 0.38 $ 2.15 Diluted: Total earnings applicable to common shares $ 56 $ 188 $ 62 $ 392 Weighted average common shares outstanding (in thousands) 163,542 179,156 163,843 181,946 Dilutive effect of common stock warrants (in thousands) 723 9,318 4,012 9,587 Dilutive effect of stock options (in thousands) 160 624 277 673 Weighted average diluted common shares outstanding (in thousands) 164,425 189,098 168,132 192,206 Net earnings per common share $ 0.34 $ 0.99 $ 0.37 $ 2.04 |
Schedule of Weighted Average Number of Shares | The following schedule presents the weighted average stock awards that were anti-dilutive and not included in the calculation of diluted earnings per share. Three Months Ended Six Months Ended (In thousands) 2020 2019 2020 2019 Restricted stock and restricted stock units 1,321 1,446 1,357 1,435 Stock options 938 492 855 411 |
Operating Segment Information (
Operating Segment Information (Tables) | 6 Months Ended |
Jun. 30, 2020 | |
Segment Reporting [Abstract] | |
Schedule of Segment Reporting Information, by Segment | Zions Bank Amegy CB&T (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 156 $ 175 $ 120 $ 127 $ 123 $ 134 Provision for credit losses 40 16 25 (8) 46 9 Net interest income after provision for credit losses 116 159 95 135 77 125 Noninterest income 38 38 31 34 19 22 Noninterest expense 111 120 79 86 74 82 Income (loss) before income taxes $ 43 $ 77 $ 47 $ 83 $ 22 $ 65 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 14,222 $ 13,067 $ 13,570 $ 12,254 $ 12,524 $ 10,838 Total average deposits 17,977 15,205 13,023 11,361 13,522 11,412 NBAZ NSB Vectra (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 53 $ 59 $ 35 $ 38 $ 33 $ 35 Provision for credit losses 16 2 40 — (1) 1 Net interest income after provision for credit losses 37 57 (5) 38 34 34 Noninterest income 10 11 10 11 8 6 Noninterest expense 35 38 34 37 27 27 Income (loss) before income taxes $ 12 $ 30 $ (29) $ 12 $ 15 $ 13 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 5,247 $ 4,847 $ 3,169 $ 2,570 $ 3,490 $ 3,105 Total average deposits 5,722 5,048 5,402 4,406 3,662 2,811 TCBW Other Consolidated Bank (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 13 $ 14 $ 30 $ (13) $ 563 $ 569 Provision for credit losses 5 2 (3) (1) 168 21 Net interest income after provision for credit losses 8 12 33 (12) 395 548 Noninterest income 1 1 — 9 117 132 Noninterest expense 5 5 65 29 430 424 Income (loss) before income taxes $ 4 $ 8 $ (32) $ (32) $ 82 $ 256 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 1,485 $ 1,203 $ 561 $ 440 $ 54,268 $ 48,324 Total average deposits 1,282 1,053 2,410 3,051 63,000 54,347 The following schedule presents selected operating segment information for the six months ended June 30, 2020 and 2019: Zions Bank Amegy CB&T (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 314 $ 351 $ 237 $ 252 $ 245 $ 267 Provision for credit losses 94 26 127 (23) 84 12 Net interest income after provision for credit losses 220 325 110 275 161 255 Noninterest income 76 71 67 68 44 41 Noninterest expense 221 237 161 174 151 164 Income (loss) before income taxes $ 75 $ 159 $ 16 $ 169 $ 54 $ 132 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 13,611 $ 13,004 $ 12,984 $ 12,058 $ 11,773 $ 10,707 Total average deposits 16,953 15,238 12,344 11,401 12,825 11,328 NBAZ NSB Vectra (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 105 $ 117 $ 70 $ 76 $ 65 $ 69 Provision for credit losses 35 4 52 (1) 23 5 Net interest income after provision for credit losses 70 113 18 77 42 64 Noninterest income 21 21 21 21 16 12 Noninterest expense 72 78 70 73 53 54 Income (loss) before income taxes $ 19 $ 56 $ (31) $ 25 $ 5 $ 22 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 4,991 $ 4,798 $ 2,942 $ 2,535 $ 3,296 $ 3,080 Total average deposits 5,413 4,972 5,115 4,368 3,325 2,816 TCBW Other Consolidated Bank (In millions) 2020 2019 2020 2019 2020 2019 SELECTED INCOME STATEMENT DATA Net interest income $ 25 $ 27 $ 50 $ (14) $ 1,111 $ 1,145 Provision for credit losses 10 2 1 — 426 25 Net interest income after provision for credit losses 15 25 49 (14) 685 1,120 Noninterest income 2 2 3 28 250 264 Noninterest expense 11 11 98 63 837 854 Income (loss) before income taxes $ 6 $ 16 $ (46) $ (49) $ 98 $ 530 SELECTED AVERAGE BALANCE SHEET DATA Total average loans $ 1,372 $ 1,156 $ 563 $ 412 $ 51,532 $ 47,750 Total average deposits 1,165 1,064 2,814 2,946 59,954 54,133 |
Basis of Presentation (Details)
Basis of Presentation (Details) | Jun. 30, 2020Statessegment |
Basis Of Presentation [Abstract] | |
Number of states in which entity operates | States | 11 |
Number of community regional banks operating in distinct geographical areas | segment | 7 |
Recent Accounting Pronounceme_3
Recent Accounting Pronouncements and Developments (Details) $ in Millions | Jan. 01, 2020USD ($) |
Accounting Policies [Abstract] | |
Impact Of Restatement On Opening Retained Earnings, After Tax | $ 20 |
Fair Value (Narrative) (Details
Fair Value (Narrative) (Details) - USD ($) | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | Dec. 31, 2019 | |
Derivatives, Fair Value [Line Items] | |||||
Other noninterest-bearing investments valued under the cost method | $ 8,000,000 | $ 8,000,000 | $ 8,000,000 | ||
Federal Home Loan Bank Stock and Federal Reserve Bank Stock | 107,000,000 | 107,000,000 | 157,000,000 | ||
Equity Method Investments, Fair Value Disclosure | 47,000,000 | 47,000,000 | $ 45,000,000 | ||
Fair Value, Inputs, Level 3 [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings | 0 | $ 0 | 15,000,000 | $ 0 | |
Other Real Estate Owned Properties [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Net gains on sale of OREO properties | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | |
Other Real Estate | $ 3,000,000 | $ 2,000,000 | $ 3,000,000 | $ 2,000,000 |
Fair Value (Schedule Of Assets
Fair Value (Schedule Of Assets And Liabilities Measured At Fair Value By Class On A Recurring Basis) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | $ 14,201 | $ 13,725 |
Debt Securities, Trading, and Equity Securities, FV-NI | 160 | 182 |
Assets, Fair Value Disclosure | 15,577 | 14,832 |
Financial Instruments Sold, Not yet Purchased, at Fair Value | 42 | 66 |
Financial and Nonfinancial Liabilities, Fair Value Disclosure | 186 | 198 |
US Treasury Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 12,875 | 12,381 |
Available-for-sale Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 1,301 | 1,319 |
Asset-backed Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 25 | 25 |
Bank-owned life insurance [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Noninterest Bearing Investments Fair Value Disclosure | 530 | 525 |
Private Equity Funds [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Noninterest Bearing Investments Fair Value Disclosure | 82 | 116 |
Assets, Fair Value Disclosure | 1 | 1 |
Interest-Only-Strip [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 17 | 18 |
Derivatives Designated As Hedging Instruments [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | (1) | |
Other Liabilities, Fair Value Disclosure | (1) | |
Interest Rate Swaps For Customers [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 460 | 146 |
Other Liabilities, Fair Value Disclosure | 32 | 14 |
Derivative Interest Rate Related And Other [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 20 | 3 |
Other Liabilities, Fair Value Disclosure | 6 | 1 |
Foreign Exchange Contract [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 3 | 4 |
Other Liabilities, Fair Value Disclosure | 2 | 4 |
Fair Value, Inputs, Level 1 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 100 | 25 |
Debt Securities, Trading, and Equity Securities, FV-NI | 16 | 65 |
Assets, Fair Value Disclosure | 229 | 216 |
Financial Instruments Sold, Not yet Purchased, at Fair Value | 42 | 66 |
Financial and Nonfinancial Liabilities, Fair Value Disclosure | 149 | 183 |
Fair Value, Inputs, Level 1 [Member] | US Treasury Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 100 | 25 |
Fair Value, Inputs, Level 1 [Member] | Private Equity Funds [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Noninterest Bearing Investments Fair Value Disclosure | 5 | 9 |
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Foreign Exchange Contract [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 3 | 4 |
Other Liabilities, Fair Value Disclosure | 2 | 4 |
Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 14,101 | 13,700 |
Debt Securities, Trading, and Equity Securities, FV-NI | 144 | 117 |
Assets, Fair Value Disclosure | 15,254 | 14,491 |
Financial Instruments Sold, Not yet Purchased, at Fair Value | 0 | 0 |
Financial and Nonfinancial Liabilities, Fair Value Disclosure | 37 | 15 |
Fair Value, Inputs, Level 2 [Member] | US Treasury Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 12,775 | 12,356 |
Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 1,301 | 1,319 |
Fair Value, Inputs, Level 2 [Member] | Asset-backed Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 25 | 25 |
Fair Value, Inputs, Level 2 [Member] | Bank-owned life insurance [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Noninterest Bearing Investments Fair Value Disclosure | 530 | 525 |
Fair Value, Inputs, Level 2 [Member] | Private Equity Funds [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Derivatives Designated As Hedging Instruments [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | (1) | |
Other Liabilities, Fair Value Disclosure | (1) | |
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swaps For Customers [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 460 | 146 |
Other Liabilities, Fair Value Disclosure | 32 | 14 |
Fair Value, Inputs, Level 2 [Member] | Derivative Interest Rate Related And Other [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 20 | 3 |
Other Liabilities, Fair Value Disclosure | 6 | 1 |
Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 0 | 0 |
Assets, Fair Value Disclosure | 94 | 125 |
Financial Instruments Sold, Not yet Purchased, at Fair Value | 0 | 0 |
Financial and Nonfinancial Liabilities, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | US Treasury Securities [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Investments, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Private Equity Funds [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Noninterest Bearing Investments Fair Value Disclosure | 77 | 107 |
Assets, Fair Value Disclosure | 1 | 1 |
Fair Value, Inputs, Level 3 [Member] | Interest-Only-Strip [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 17 | 18 |
Deferred Compensation Arrangement with Individual, by Type of Compensation, Pension and Other Postretirement Benefits [Member] | Warranty, Rights and Obligations, Fair Value Option [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 105 | 113 |
Other Liabilities, Fair Value Disclosure | 105 | 113 |
Deferred Compensation Arrangement with Individual, by Type of Compensation, Pension and Other Postretirement Benefits [Member] | Fair Value, Inputs, Level 1 [Member] | Warranty, Rights and Obligations, Fair Value Option [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Other Assets, Fair Value Disclosure | 105 | 113 |
Other Liabilities, Fair Value Disclosure | $ 105 | $ 113 |
Fair Value (Schedule Of Asset_2
Fair Value (Schedule Of Assets And Liabilities Measured At Fair Value By Class On A Recurring Basis Using Level 3 Inputs) (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Private Equity Investments [Member] | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Fair value of assets, Beginning balance | $ 79 | $ 107 | $ 107 | $ 102 |
Securities losses, net | (4) | (2) | (9) | (1) |
Other noninterest income (expense) | 0 | 0 | 0 | 0 |
Purchases | 2 | 0 | 4 | 4 |
Other | 0 | 0 | (25) | 0 |
Fair value of assets, Ending balance | 77 | 105 | 77 | 105 |
Servicing Contracts [Member] | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Fair value of assets, Beginning balance | 17 | 17 | 18 | 18 |
Securities losses, net | 0 | 0 | 0 | 0 |
Other noninterest income (expense) | 0 | 2 | (1) | 1 |
Purchases | 0 | 0 | 0 | 0 |
Other | 0 | 0 | 0 | 0 |
Fair value of assets, Ending balance | $ 17 | $ 19 | $ 17 | $ 19 |
Fair Value (Schedule Of Asset_3
Fair Value (Schedule Of Assets With Fair Value Changes On Nonrecurring Basis) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | $ 15,577 | $ 14,832 |
Private Equity Funds [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 1 | 1 |
Collateral Dependent Loans [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Other Real Estate Owned [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 1 | 0 |
Total [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 2 | 1 |
Fair Value, Inputs, Level 1 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 229 | 216 |
Fair Value, Inputs, Level 1 [Member] | Private Equity Funds [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Collateral Dependent Loans [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Other Real Estate Owned [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Total [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 15,254 | 14,491 |
Fair Value, Inputs, Level 2 [Member] | Private Equity Funds [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Collateral Dependent Loans [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Other Real Estate Owned [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 1 | 0 |
Fair Value, Inputs, Level 2 [Member] | Total [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 1 | 0 |
Fair Value, Inputs, Level 3 [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 94 | 125 |
Fair Value, Inputs, Level 3 [Member] | Private Equity Funds [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 1 | 1 |
Fair Value, Inputs, Level 3 [Member] | Collateral Dependent Loans [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Other Real Estate Owned [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Total [Member] | ||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||
Assets, Fair Value Disclosure | $ 1 | $ 1 |
Fair Value (Schedule Of Realize
Fair Value (Schedule Of Realize Gains (Losses) From Fair Value Changes) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Gains (losses) from fair value changes | $ 0 | $ (9) | $ 0 | $ (9) |
Private Equity Investments [Member] | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Gains (losses) from fair value changes | 0 | 0 | 0 | 0 |
Collateral Dependent Loans [Member] | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Gains (losses) from fair value changes | 0 | (9) | 0 | (9) |
Other Real Estate Owned [Member] | ||||
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ||||
Gains (losses) from fair value changes | $ 0 | $ 0 | $ 0 | $ 0 |
Fair Value (Schedule Of Carryin
Fair Value (Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Held-to-maturity, fair value | $ 691 | $ 597 |
Time deposits | 3,663 | 4,719 |
Long-term Debt | 1,353 | 1,723 |
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Held-to-maturity, fair value | 688 | 592 |
Time deposits | 3,663 | 4,719 |
Long-term Debt | 1,353 | 1,723 |
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Held-to-maturity, fair value | 691 | 597 |
Time deposits | 3,690 | 4,725 |
Long-term Debt | 1,320 | 1,751 |
Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Loans and leases (including loans held for sale), net of allowance | 54,374 | 48,343 |
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member] | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||
Loans and leases (including loans held for sale), net of allowance | $ 53,988 | $ 47,958 |
Offsetting Assets and Liabili_3
Offsetting Assets and Liabilities (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Offsetting Assets and Liabilities [Abstract] | ||
Federal funds sold and security resell agreements, Gross amounts recognized | $ 634 | $ 694 |
Federal funds sold and security resell agreements, Gross amounts offset in the balance sheet | (368) | (210) |
Federal funds sold and security resell agreements, Net amounts presented in balance sheet | 266 | 484 |
Federal funds sold and security resell agreements, financial instruments | 0 | 0 |
Federal funds sold and security resell agreements, cash collateral received/pledged | 0 | 0 |
Federal funds sold and security resell agreements, Net amount | 266 | 484 |
Derivative assets, Gross amounts recognized | 483 | 153 |
Derivative assets, Gross amounts offset in the balance sheet | 0 | 0 |
Derivative assets, Net amounts presented in balance sheet | 483 | 153 |
Derivatives asset, Financial instruments | (1) | (6) |
Derivatives asset, Cash collateral received/pledged | 0 | 0 |
Derivative assets, Net amount | 482 | 147 |
Total assets, Gross amounts recognized | 1,117 | 847 |
Total assets, Gross amounts offset in the balance sheet | (368) | (210) |
Total assets, Net amounts presented in the balance sheet | 749 | 637 |
Total assets, Financial instruments | (1) | (6) |
Total assets, Cash collateral received/pledged | 0 | 0 |
Total assets, Net amounts | 748 | 631 |
Federal funds purchased and other short-term borrowings, Gross amounts recognized | 1,228 | 2,263 |
Federal funds purchased and other short-term borrowings, Gross amounts offset in balance sheet | (368) | (210) |
Federal funds purchased and other short-term borrowings, Net amounts presented in balance sheet | 860 | 2,053 |
Federal funds purchased and other short-term borrowings, Financial instruments | 0 | 0 |
Federal funds purchased and other short-term borrowings, Cash collateral received/pledged | 0 | 0 |
Federal funds purchased and other short-term borrowings, Net amount | 860 | 2,053 |
Derivative liabilities, Gross amounts recognized | 40 | 19 |
Derivative liabilities, Gross amounts offset in balance sheet | 0 | 0 |
Derivative liabilities, Net amounts presented in balance sheet | 40 | 19 |
Derivative liabilities, Financial instrument | (1) | (6) |
Derivative liabilities, Cash collateral received/pledged | (32) | (10) |
Derivative liabilities, Net amount | 7 | 3 |
Total liabilities, Gross amounts recognzied | 1,268 | 2,282 |
Total liabilities, Gross amounts offset in balance sheet | (368) | (210) |
Total liabilities, Net amounts presented in the balance sheet | 900 | 2,072 |
Total liabilities, Financial instruments | (1) | (6) |
Total liabilities, Cash collateral received/pledged | (32) | (10) |
Total liabilities, Net amount | $ 867 | $ 2,056 |
Investments (Narrative) (Detail
Investments (Narrative) (Details) $ in Millions | Jun. 30, 2020USD ($)hTMNumbernumberOfBranches | Dec. 31, 2019USD ($)hTMNumbernumberOfBranches |
Debt and Equity Securities, FV-NI [Line Items] | ||
Accrued interest receivable | $ 183 | $ 164 |
Held-to-maturity, Amortized cost | $ 688 | |
Number of HTM investment securities in an unrealized loss position | hTMNumber | 103 | 146 |
Number of AFS investment securities in an unrealized loss position | numberOfBranches | 520 | 849 |
Allowance for credit loss on HTM securities | $ 1 | |
Carrying value of pledged securities | 2,000 | $ 2,000 |
Securities Investment [Member] | ||
Debt and Equity Securities, FV-NI [Line Items] | ||
Accrued interest receivable | $ 54 | $ 58 |
Investments (Summary Of Investm
Investments (Summary Of Investment Securities) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Marketable Securities [Line Items] | ||
Held-to-maturity, Amortized cost | $ 688 | |
Held-to-maturity, fair value | 691 | $ 597 |
Available-for-sale, Amortized cost | 13,841 | 13,686 |
Available-for-sale, Gross unrealized gains | 402 | 126 |
Available-for-sale, Gross unrealized losses | 42 | 87 |
Available-for-sale, at fair value | 14,201 | 13,725 |
Total investment securities, Amortized cost | 14,529 | 14,278 |
Total investment securities, Gross unrealized gains | 407 | 131 |
Total investment securities, Gross unrealized losses | 44 | 87 |
Total investment securities, estimated fair value | 14,892 | 14,322 |
Municipal Securities [Member] | ||
Marketable Securities [Line Items] | ||
Held-to-maturity, Amortized cost | 688 | 592 |
Held-to-maturity, Gross unrealized gains | 5 | 5 |
Held-to-maturity, Gross unrealized losses | 2 | 0 |
Held-to-maturity, fair value | 691 | 597 |
Available-for-sale, Amortized cost | 1,239 | 1,282 |
Available-for-sale, Gross unrealized gains | 62 | 37 |
Available-for-sale, Gross unrealized losses | 0 | 0 |
Available-for-sale, at fair value | 1,301 | 1,319 |
US Treasury Securities [Member] | ||
Marketable Securities [Line Items] | ||
Available-for-sale, Amortized cost | 100 | 25 |
Available-for-sale, Gross unrealized gains | 0 | 0 |
Available-for-sale, Gross unrealized losses | 0 | 0 |
Available-for-sale, at fair value | 100 | 25 |
Agency Securities [Member] | ||
Marketable Securities [Line Items] | ||
Available-for-sale, Amortized cost | 1,241 | 1,301 |
Available-for-sale, Gross unrealized gains | 36 | 5 |
Available-for-sale, Gross unrealized losses | 1 | 4 |
Available-for-sale, at fair value | 1,276 | 1,302 |
Agency Guaranteed Mortgage Backed Securities [Member] | ||
Marketable Securities [Line Items] | ||
Available-for-sale, Amortized cost | 9,911 | 9,518 |
Available-for-sale, Gross unrealized gains | 304 | 83 |
Available-for-sale, Gross unrealized losses | 2 | 42 |
Available-for-sale, at fair value | 10,213 | 9,559 |
Small Business Administration Loan Backed Securities [Member] | ||
Marketable Securities [Line Items] | ||
Available-for-sale, Amortized cost | 1,325 | 1,535 |
Available-for-sale, Gross unrealized gains | 0 | 1 |
Available-for-sale, Gross unrealized losses | 39 | 41 |
Available-for-sale, at fair value | 1,286 | 1,495 |
Available-for-sale, Other debt securities [Member] | ||
Marketable Securities [Line Items] | ||
Available-for-sale, Amortized cost | 25 | 25 |
Available-for-sale, Gross unrealized gains | 0 | 0 |
Available-for-sale, Gross unrealized losses | 0 | 0 |
Available-for-sale, at fair value | $ 25 | $ 25 |
Investments (Contractual Maturi
Investments (Contractual Maturities Debt Securities) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Schedule of Held-to-maturity Securities [Line Items] | ||
Held-to-maturity, Amortized cost | $ 688 | |
Available-for-sale, Amortized cost | 13,841 | $ 13,686 |
Amortized cost of investment securities | $ 14,529 | $ 14,278 |
Available-for-Sale, maturity, total, weighted average yield | 2.19% | |
Debt Securities, maturity, total, weighted average yield | 2.26% | |
Due in one year or less | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 246 | |
Amortized cost of investment securities | $ 437 | |
Available-for-sale, maturity, within one year, weighted average yield | 0.98% | |
Debt Securities, maturity, total, weighted average yield | 1.71% | |
One year through five years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 928 | |
Amortized cost of investment securities | $ 1,165 | |
Debt Securities, maturity, total, weighted average yield | 2.24% | |
Available-for-sale, maturity, after one through five years, weighted average yield | 1.95% | |
Five years through 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 1,989 | |
Amortized cost of investment securities | $ 2,137 | |
Debt Securities, maturity, total, weighted average yield | 2.35% | |
Available-for-sale, maturity, after five through ten years, weighted average yield | 2.24% | |
After 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 10,678 | |
Amortized cost of investment securities | $ 10,790 | |
Debt Securities, maturity, total, weighted average yield | 2.26% | |
Available-for-sale, maturity, rolling after 10 years, weighted average yield | 2.24% | |
Municipal Securities [Member] | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Held-to-maturity, Amortized cost | $ 688 | |
Available-for-sale, Amortized cost | $ 1,239 | |
Held-to-maturity securities average yield | 3.41% | |
Available-for-Sale, maturity, total, weighted average yield | 2.56% | |
Municipal Securities [Member] | Due in one year or less | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Held-to-maturity, Amortized cost | $ 191 | |
Available-for-sale, Amortized cost | $ 83 | |
Held-to-maturity, maturity, within one year, weighted average yield | 2.64% | |
Available-for-sale, maturity, within one year, weighted average yield | 1.90% | |
Municipal Securities [Member] | One year through five years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Held-to-maturity, Amortized cost | $ 237 | |
Available-for-sale, Amortized cost | $ 560 | |
Held-to-maturity, maturity, after one through five years, weighted average yield | 3.38% | |
Available-for-sale, maturity, after one through five years, weighted average yield | 2.26% | |
Municipal Securities [Member] | Five years through 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Held-to-maturity, Amortized cost | $ 148 | |
Available-for-sale, Amortized cost | $ 494 | |
Held-to-maturity, maturity, after five through ten years, weighted average yield | 3.87% | |
Available-for-sale, maturity, after five through ten years, weighted average yield | 2.85% | |
Municipal Securities [Member] | After 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Held-to-maturity, Amortized cost | $ 112 | |
Available-for-sale, Amortized cost | $ 102 | |
Held-to-maturity, maturity, rolling after ten years, weighted average yield | 4.18% | |
Available-for-sale, maturity, rolling after 10 years, weighted average yield | 3.39% | |
US Treasury Securities [Member] | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 100 | |
Available-for-Sale, maturity, total, weighted average yield | 0.17% | |
US Treasury Securities [Member] | Due in one year or less | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 100 | |
Available-for-sale, maturity, within one year, weighted average yield | 0.17% | |
US Treasury Securities [Member] | One year through five years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 0 | |
Available-for-sale, maturity, after one through five years, weighted average yield | 0.00% | |
US Treasury Securities [Member] | Five years through 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 0 | |
Available-for-sale, maturity, after five through ten years, weighted average yield | 0.00% | |
US Treasury Securities [Member] | After 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 0 | |
Available-for-sale, maturity, rolling after 10 years, weighted average yield | 0.00% | |
Agency Securities [Member] | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 1,241 | |
Available-for-Sale, maturity, total, weighted average yield | 2.40% | |
Agency Securities [Member] | Due in one year or less | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 61 | |
Available-for-sale, maturity, within one year, weighted average yield | 0.99% | |
Agency Securities [Member] | One year through five years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 155 | |
Available-for-sale, maturity, after one through five years, weighted average yield | 1.52% | |
Agency Securities [Member] | Five years through 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 399 | |
Available-for-sale, maturity, after five through ten years, weighted average yield | 2.61% | |
Agency Securities [Member] | After 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 626 | |
Available-for-sale, maturity, rolling after 10 years, weighted average yield | 2.62% | |
Agency Guaranteed Mortgage Backed Securities [Member] | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 9,911 | |
Available-for-Sale, maturity, total, weighted average yield | 2.23% | |
Agency Guaranteed Mortgage Backed Securities [Member] | Due in one year or less | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 2 | |
Available-for-sale, maturity, within one year, weighted average yield | 3.60% | |
Agency Guaranteed Mortgage Backed Securities [Member] | One year through five years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 187 | |
Available-for-sale, maturity, after one through five years, weighted average yield | 1.49% | |
Agency Guaranteed Mortgage Backed Securities [Member] | Five years through 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 927 | |
Available-for-sale, maturity, after five through ten years, weighted average yield | 1.81% | |
Agency Guaranteed Mortgage Backed Securities [Member] | After 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 8,795 | |
Available-for-sale, maturity, rolling after 10 years, weighted average yield | 2.30% | |
Small Business Administration Loan Backed Securities [Member] | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 1,325 | |
Available-for-Sale, maturity, total, weighted average yield | 1.45% | |
Small Business Administration Loan Backed Securities [Member] | Due in one year or less | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 0 | |
Available-for-sale, maturity, within one year, weighted average yield | 0.00% | |
Small Business Administration Loan Backed Securities [Member] | One year through five years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 26 | |
Available-for-sale, maturity, after one through five years, weighted average yield | 1.20% | |
Small Business Administration Loan Backed Securities [Member] | Five years through 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 159 | |
Available-for-sale, maturity, after five through ten years, weighted average yield | 1.47% | |
Small Business Administration Loan Backed Securities [Member] | After 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 1,140 | |
Available-for-sale, maturity, rolling after 10 years, weighted average yield | 1.46% | |
Available-for-sale, Other debt securities [Member] | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 25 | |
Available-for-Sale, maturity, total, weighted average yield | 6.28% | |
Available-for-sale, Other debt securities [Member] | Due in one year or less | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 0 | |
Available-for-sale, maturity, within one year, weighted average yield | 0.00% | |
Available-for-sale, Other debt securities [Member] | One year through five years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 0 | |
Available-for-sale, maturity, after one through five years, weighted average yield | 0.00% | |
Available-for-sale, Other debt securities [Member] | Five years through 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 10 | |
Available-for-sale, maturity, after five through ten years, weighted average yield | 9.50% | |
Available-for-sale, Other debt securities [Member] | After 10 years | ||
Schedule of Held-to-maturity Securities [Line Items] | ||
Available-for-sale, Amortized cost | $ 15 | |
Available-for-sale, maturity, rolling after 10 years, weighted average yield | 4.13% |
Investments (Summary Of Amount
Investments (Summary Of Amount Of Gross Unrealized Losses For Debt Securities And Estimated Fair Value) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items] | ||
Investment Securities Gross Unrealized Losses Less Than 12 Months | $ 3 | $ 7 |
Investment Securities Estimated Fair Value Less Than 12 Months | 545 | 1,690 |
Investment Securities Gross Unrealized Losses 12 Months or More | 41 | 80 |
Investment Securities Estimated Fair Value 12 Months or More | 1,407 | 4,839 |
Investment Securities Gross Unrealized Losses Total | 44 | 87 |
Investment Securities Estimated Fair Value Total | 1,952 | 6,529 |
Municipal Securities [Member] | ||
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items] | ||
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | 1 | 0 |
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, Less than 12 Months, Fair Value | 84 | 73 |
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | 1 | 0 |
Debt Securities, Held-to-maturity, Continuous Unrealized Loss Position, 12 Months or Longer, Fair Value | 19 | 45 |
Debt Securities, Held-to-maturity, Unrealized Loss Position, Accumulated Loss | 2 | 0 |
Debt Securities, Held-to-maturity, Unrealized Loss Position, Fair Value | 103 | 118 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | 0 | 0 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | 22 | 50 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | 0 | 0 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | 0 | 5 |
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | 0 | 0 |
Debt Securities, Available-for-sale, Unrealized Loss Position | 22 | 55 |
US Treasury Securities [Member] | ||
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items] | ||
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | 0 | |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | 25 | |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | 0 | |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | 0 | |
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | 0 | |
Debt Securities, Available-for-sale, Unrealized Loss Position | 25 | |
Agency Securities [Member] | ||
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items] | ||
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | 1 | 2 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | 74 | 222 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | 0 | 2 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | 69 | 359 |
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | 1 | 4 |
Debt Securities, Available-for-sale, Unrealized Loss Position | 143 | 581 |
Agency Guaranteed Mortgage Backed Securities [Member] | ||
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items] | ||
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | 0 | 4 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | 176 | 1,173 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | 2 | 38 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | 249 | 3,215 |
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | 2 | 42 |
Debt Securities, Available-for-sale, Unrealized Loss Position | 425 | 4,388 |
Small Business Administration Loan Backed Securities [Member] | ||
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items] | ||
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | 1 | 1 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | 149 | 172 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | 38 | 40 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | 1,070 | 1,215 |
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | 39 | 41 |
Debt Securities, Available-for-sale, Unrealized Loss Position | 1,219 | 1,387 |
Available-for-sale, Unrealized losses, Other [Member] | ||
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items] | ||
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | 0 | 0 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | 15 | 0 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | 0 | 0 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | 0 | 0 |
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | 0 | 0 |
Debt Securities, Available-for-sale, Unrealized Loss Position | 15 | 0 |
Available-for-sale Securities [Member] | ||
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items] | ||
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | 2 | 7 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | 461 | 1,617 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | 40 | 80 |
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | 1,388 | 4,794 |
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | 42 | 87 |
Debt Securities, Available-for-sale, Unrealized Loss Position | $ 1,849 | $ 6,411 |
Investments (HTM Year Of Issuan
Investments (HTM Year Of Issuance) (Details) $ in Millions | Jun. 30, 2020USD ($) |
Investments, Debt and Equity Securities [Abstract] | |
2020 | $ 153 |
2019 | 32 |
2018 | 1 |
2017 | 44 |
2016 | 203 |
Prior | 255 |
Total Securities | $ 688 |
Investments (Gains And Losses,
Investments (Gains And Losses, Including OTTI, Recognized In Statement Of Income) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Investments [Abstract] | ||||
Other noninterest-bearing investments, Nonmarketable equity securities, Gross gains | $ 3 | $ 1 | $ 8 | $ 5 |
Other noninterest-bearing investments, Nonmarketable equity securities, Gross losses | 7 | 4 | 17 | 7 |
Net losses | $ (4) | $ (3) | $ (9) | $ (2) |
Investments (Rollforward Of Tot
Investments (Rollforward Of Total Amount Of Credit-Related OTTI) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Interest income | $ 80 | $ 95 | $ 161 | $ 191 |
Taxable [Member] | ||||
Interest income | 70 | 83 | 140 | 168 |
Nontaxable [Member] | ||||
Interest income | 10 | 12 | 21 | 23 |
Held-to-maturity Securities [Member] | ||||
Interest income | 5 | 6 | 10 | 12 |
Held-to-maturity Securities [Member] | Taxable [Member] | ||||
Interest income | 3 | 2 | 5 | 4 |
Held-to-maturity Securities [Member] | Nontaxable [Member] | ||||
Interest income | 2 | 4 | 5 | 8 |
Available-for-sale Securities [Member] | ||||
Interest income | 74 | 87 | 148 | 176 |
Available-for-sale Securities [Member] | Taxable [Member] | ||||
Interest income | 67 | 81 | 135 | 164 |
Available-for-sale Securities [Member] | Nontaxable [Member] | ||||
Interest income | 7 | 6 | 13 | 12 |
Trading [Member] | ||||
Interest income | 1 | 2 | 3 | 3 |
Trading [Member] | Taxable [Member] | ||||
Interest income | 0 | 0 | 0 | 0 |
Trading [Member] | Nontaxable [Member] | ||||
Interest income | $ 1 | $ 2 | $ 3 | $ 3 |
Loans, Leases, And Allowance _3
Loans, Leases, And Allowance For Credit Losses (Narrative) (Details) - USD ($) | 3 Months Ended | 6 Months Ended | ||||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | Mar. 31, 2020 | Dec. 31, 2019 | |
Loans And Allowance For Credit Losses [Line Items] | ||||||
Unearned income and fees, net of related costs | $ 212,000,000 | $ 212,000,000 | $ 48,000,000 | |||
Accrued interest receivable | 183,000,000 | 183,000,000 | 164,000,000 | |||
Land Development Loans | 142,000,000 | 142,000,000 | 158,000,000 | |||
Carrying value of loans | 26,600,000,000 | 26,600,000,000 | 21,500,000,000 | |||
Principle amount of loans held for sale sold | 608,000,000 | $ 132,000,000 | 907,000,000 | $ 250,000,000 | ||
Payments for Origination and Purchases of Loans Held-for-sale | 602,000,000 | 170,000,000 | 917,000,000 | 263,000,000 | ||
Principal Balance of Loans Sold, Serviced Loans | 2,300,000,000 | 2,300,000,000 | 1,700,000,000 | |||
Loans and Leases Receivable, Gain (Loss) on Sales, Net | 13,000,000 | $ 3,000,000 | 26,000,000 | $ 5,000,000 | ||
Financing Receivable, Commitments Threshold For Evaluating Collectively Or Individually | 1,000,000 | 1,000,000 | ||||
Financing Receivable, Allowance for Credit Loss | 914,000,000 | 914,000,000 | $ 777,000,000 | |||
Unfunded Lending Commitments on Troubled Debt Restructuring | 4,000,000 | 4,000,000 | 5,000,000 | |||
Recorded investment in TDR loans modified with interest rates below market | 77,000,000 | 77,000,000 | 73,000,000 | |||
Other Real Estate, Foreclosed Assets, and Repossessed Assets | 1,000,000 | 1,000,000 | 1,000,000 | |||
Other Real Estate, In Process of Foreclosing Assets | $ 9,000,000 | $ 9,000,000 | $ 8,000,000 | |||
Commercial Real Estate [Member] | ||||||
Loans And Allowance For Credit Losses [Line Items] | ||||||
Financing Receivable, Period Once Past Due, Charged Off Or Charged Down | 180 days | |||||
Consumer Loan [Member] | ||||||
Loans And Allowance For Credit Losses [Line Items] | ||||||
Financing Receivable, Period Once Past Due, Charged Off Or Charged Down | 180 days | |||||
Closed End Consumer Loan [Member] | ||||||
Loans And Allowance For Credit Losses [Line Items] | ||||||
Financing Receivable, Period Once Past Due, Charged Off Or Charged Down | 120 days |
Loans, Leases, And Allowance _4
Loans, Leases, And Allowance For Credit Losses (Summary Of Major Portfolio Segment And Specific Loan Class) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Loans held for sale | $ 105 | $ 129 |
Loans Credit Quality Outstanding, Commercial And Industrial | 14,076 | 14,760 |
Loans Credit Quality Outstanding, PPP | 6,690 | 0 |
Loan Credit Quality Outstanding, Leasing | 324 | 334 |
Owner occupied | 8,083 | 7,901 |
Loans Credit Quality Outstanding, Municipal | 2,535 | 2,393 |
Land Development Loans, Loans Receivable Commercial Construction and Land Development | 2,367 | 2,211 |
Term | 9,587 | 9,344 |
Loans Credit Quality Outstanding, Commercial Real Estate | 11,954 | 11,555 |
Loans Credit Quality Outstanding, Home Equity Credit Line | 2,856 | 2,917 |
Loans Credit Quality Outstanding, 1-4 Family Residential | 7,393 | 7,568 |
Loans Credit Quality Outstanding, Construction and Other | 640 | 624 |
Loans Credit Quality Outstanding, Bankcard | 437 | 502 |
Loans Credit Quality Outstanding, Other | 141 | 155 |
Loans and Leases Receivable, Gross | 55,129 | 48,709 |
Commercial [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Loans and Leases Receivable, before Fees, Gross | 31,708 | 25,388 |
Consumer Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Loans and Leases Receivable, before Fees, Gross | $ 11,467 | $ 11,766 |
Loans, Leases, And Allowance _5
Loans, Leases, And Allowance For Credit Losses (Summary Of Changes In The Allowance For Credit Losses) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | |||||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jan. 01, 2020 | Jun. 30, 2019 | |
Financing Receivable, Allowance for Credit Losses [Line Items] | |||||||
Balance at beginning of period | $ 730 | $ 497 | $ 495 | $ 495 | |||
Loans and Leases Receivable, Allowance, Change in Accounting Standard Adjustment | $ 2 | ||||||
Provision for loan losses | 161 | 20 | 401 | 22 | |||
Allowance for Loan and Lease Losses, Write-offs | 36 | 23 | 49 | 35 | |||
Allowance for Loan and Lease Losses, Recoveries of Bad Debts | 5 | 9 | 11 | 21 | |||
Net loan and lease charge-offs | 31 | 14 | 38 | 14 | |||
Balance at end of period | 860 | 503 | 860 | 503 | |||
Balance at beginning of period | 47 | 59 | 59 | 57 | |||
Other Liabilities Reserve For Unfunded Lending Commitments, Change in Accounting Standard Adjustment | (30) | ||||||
Provision for Unfunded Lending Commitments (decrease) | 7 | 1 | 25 | 3 | |||
Balance at end of period | 54 | 60 | 54 | 60 | |||
Allowance for loan losses | 860 | 503 | 860 | 503 | $ 860 | 497 | $ 503 |
Reserve for unfunded lending commitments | 54 | 60 | 54 | 60 | 54 | 29 | 60 |
Allowance for loan and lease losses and reserve for unfunded lending commitments | 914 | 563 | |||||
Commercial [Member] | |||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | |||||||
Balance at beginning of period | 413 | 328 | 341 | 331 | |||
Loans and Leases Receivable, Allowance, Change in Accounting Standard Adjustment | (59) | ||||||
Provision for loan losses | 186 | 23 | 323 | 22 | |||
Allowance for Loan and Lease Losses, Write-offs | 31 | 19 | 41 | 27 | |||
Allowance for Loan and Lease Losses, Recoveries of Bad Debts | 3 | 6 | 7 | 12 | |||
Net loan and lease charge-offs | 28 | 13 | 34 | 15 | |||
Balance at end of period | 571 | 338 | 571 | 338 | |||
Balance at beginning of period | 16 | 42 | 39 | 40 | |||
Other Liabilities Reserve For Unfunded Lending Commitments, Change in Accounting Standard Adjustment | (28) | ||||||
Provision for Unfunded Lending Commitments (decrease) | 11 | (1) | 16 | 1 | |||
Balance at end of period | 27 | 41 | 27 | 41 | |||
Allowance for loan losses | 571 | 338 | 341 | 331 | 571 | 282 | 338 |
Reserve for unfunded lending commitments | 27 | 41 | 27 | 41 | 27 | 11 | 41 |
Allowance for loan and lease losses and reserve for unfunded lending commitments | 598 | 379 | |||||
Commercial Real Estate Portfolio Segment [Member] | |||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | |||||||
Balance at beginning of period | 128 | 113 | 101 | 110 | |||
Loans and Leases Receivable, Allowance, Change in Accounting Standard Adjustment | (32) | ||||||
Provision for loan losses | 16 | 1 | 75 | 2 | |||
Allowance for Loan and Lease Losses, Write-offs | 0 | 0 | 0 | 1 | |||
Allowance for Loan and Lease Losses, Recoveries of Bad Debts | 0 | 0 | 0 | 3 | |||
Net loan and lease charge-offs | 0 | 0 | 0 | (2) | |||
Balance at end of period | 144 | 114 | 144 | 114 | |||
Balance at beginning of period | 23 | 17 | 20 | 17 | |||
Other Liabilities Reserve For Unfunded Lending Commitments, Change in Accounting Standard Adjustment | (8) | ||||||
Provision for Unfunded Lending Commitments (decrease) | (3) | 2 | 8 | 2 | |||
Balance at end of period | 20 | 19 | 20 | 19 | |||
Allowance for loan losses | 144 | 114 | 144 | 114 | 144 | 69 | 114 |
Reserve for unfunded lending commitments | 20 | 19 | 20 | 19 | 20 | 12 | 19 |
Allowance for loan and lease losses and reserve for unfunded lending commitments | 164 | 133 | |||||
Consumer Portfolio Segment [Member] | |||||||
Financing Receivable, Allowance for Credit Losses [Line Items] | |||||||
Balance at beginning of period | 189 | 56 | 53 | 54 | |||
Loans and Leases Receivable, Allowance, Change in Accounting Standard Adjustment | 93 | ||||||
Provision for loan losses | (41) | (4) | 3 | (2) | |||
Allowance for Loan and Lease Losses, Write-offs | 5 | 4 | 8 | 7 | |||
Allowance for Loan and Lease Losses, Recoveries of Bad Debts | 2 | 3 | 4 | 6 | |||
Net loan and lease charge-offs | 3 | 1 | 4 | 1 | |||
Balance at end of period | 145 | 51 | 145 | 51 | |||
Balance at beginning of period | 8 | 0 | 0 | 0 | |||
Other Liabilities Reserve For Unfunded Lending Commitments, Change in Accounting Standard Adjustment | 6 | ||||||
Provision for Unfunded Lending Commitments (decrease) | (1) | 0 | 1 | 0 | |||
Balance at end of period | 7 | 0 | 7 | 0 | |||
Allowance for loan losses | 145 | 51 | 145 | 51 | 145 | 146 | 51 |
Reserve for unfunded lending commitments | $ 7 | $ 0 | $ 7 | $ 0 | 7 | $ 6 | 0 |
Allowance for loan and lease losses and reserve for unfunded lending commitments | $ 152 | $ 51 |
Loans, Leases, And Allowance _6
Loans, Leases, And Allowance For Credit Losses (Summary Of Nonaccrual Loans) (Details) $ in Millions | 3 Months Ended | 6 Months Ended |
Jun. 30, 2020USD ($) | Jun. 30, 2020USD ($) | |
Commercial And Industrial [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | $ 26 | $ 26 |
Financing Receivable, Nonaccrual, With Allowance | 146 | 146 |
Total | 172 | 172 |
Financing Receivable, Nonaccrual, Related Allowance | 33 | 33 |
PPP [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 0 | 0 |
Financing Receivable, Nonaccrual, With Allowance | 0 | 0 |
Total | 0 | 0 |
Financing Receivable, Nonaccrual, Related Allowance | 0 | 0 |
Finance Leases Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 0 | 0 |
Financing Receivable, Nonaccrual, With Allowance | 1 | 1 |
Total | 1 | 1 |
Financing Receivable, Nonaccrual, Related Allowance | 0 | 0 |
Owner Occupied [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 29 | 29 |
Financing Receivable, Nonaccrual, With Allowance | 39 | 39 |
Total | 68 | 68 |
Financing Receivable, Nonaccrual, Related Allowance | 2 | 2 |
Municipal [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 0 | 0 |
Financing Receivable, Nonaccrual, With Allowance | 0 | 0 |
Total | 0 | 0 |
Financing Receivable, Nonaccrual, Related Allowance | 0 | 0 |
Commercial Loan [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 55 | 55 |
Financing Receivable, Nonaccrual, With Allowance | 186 | 186 |
Total | 241 | 241 |
Financing Receivable, Nonaccrual, Related Allowance | 35 | 35 |
Accrued Interest Receivable, Write Off | 4 | 8 |
Construction and Land Development [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 0 | 0 |
Financing Receivable, Nonaccrual, With Allowance | 0 | 0 |
Total | 0 | 0 |
Financing Receivable, Nonaccrual, Related Allowance | 0 | 0 |
Term [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 14 | 14 |
Financing Receivable, Nonaccrual, With Allowance | 9 | 9 |
Total | 23 | 23 |
Financing Receivable, Nonaccrual, Related Allowance | 1 | 1 |
Commercial Real Estate [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 14 | 14 |
Financing Receivable, Nonaccrual, With Allowance | 9 | 9 |
Total | 23 | 23 |
Financing Receivable, Nonaccrual, Related Allowance | 1 | 1 |
Accrued Interest Receivable, Write Off | 1 | 1 |
Home Equity Line of Credit [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 1 | 1 |
Financing Receivable, Nonaccrual, With Allowance | 14 | 14 |
Total | 15 | 15 |
Financing Receivable, Nonaccrual, Related Allowance | 2 | 2 |
One Through Four Family Residential [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 9 | 9 |
Financing Receivable, Nonaccrual, With Allowance | 50 | 50 |
Total | 59 | 59 |
Financing Receivable, Nonaccrual, Related Allowance | 3 | 3 |
Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 0 | 0 |
Financing Receivable, Nonaccrual, With Allowance | 0 | 0 |
Total | 0 | 0 |
Financing Receivable, Nonaccrual, Related Allowance | 0 | 0 |
Bankcard And Other Revolving Plans [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 0 | 0 |
Financing Receivable, Nonaccrual, With Allowance | 1 | 1 |
Total | 1 | 1 |
Financing Receivable, Nonaccrual, Related Allowance | 1 | 1 |
Consumer Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 0 | 0 |
Financing Receivable, Nonaccrual, With Allowance | 0 | 0 |
Total | 0 | 0 |
Financing Receivable, Nonaccrual, Related Allowance | 0 | 0 |
Consumer Loan [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 10 | 10 |
Financing Receivable, Nonaccrual, With Allowance | 65 | 65 |
Total | 75 | 75 |
Financing Receivable, Nonaccrual, Related Allowance | 6 | 6 |
Accrued Interest Receivable, Write Off | 0 | 0 |
Financing Receivables, Total [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Nonaccrual, No Allowance | 79 | 79 |
Financing Receivable, Nonaccrual, With Allowance | 260 | 260 |
Total | 339 | 339 |
Financing Receivable, Nonaccrual, Related Allowance | 42 | 42 |
Accrued Interest Receivable, Write Off | $ 5 | $ 9 |
Loans, Leases, And Allowance _7
Loans, Leases, And Allowance For Credit Losses (Summary Of Past Due Loans (Accruing And Nonaccruing)) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | $ 54,787 | $ 48,510 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 189 | 111 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 153 | 88 |
Financing Receivable, Recorded Investment, Past Due | 342 | 199 |
Loans and Leases Receivable, Gross | 55,129 | 48,709 |
Accruing loans 90+ days past due | 16 | 10 |
Financing Receivable Recorded Investment Nonaccrual Status That Are Current | 181 | 129 |
Commercial And Industrial [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 164 | 95 |
Loans and Leases Receivable, Gross | 14,076 | 14,760 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 172 | |
PPP [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Loans and Leases Receivable, Gross | 6,690 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 0 | |
Finance Leases Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Loans and Leases Receivable, Gross | 324 | 334 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 1 | |
Owner Occupied [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 55 | 39 |
Loans and Leases Receivable, Gross | 8,083 | 7,901 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 68 | |
Municipal [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 0 | 0 |
Loans and Leases Receivable, Gross | 2,535 | 2,393 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 0 | |
Commercial Loan [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 31,489 | 25,254 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 133 | 77 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 86 | 57 |
Financing Receivable, Recorded Investment, Past Due | 219 | 134 |
Loans and Leases Receivable, Gross | 31,708 | 25,388 |
Accruing loans 90+ days past due | 7 | 9 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 241 | |
Financing Receivable Recorded Investment Nonaccrual Status That Are Current | 149 | 98 |
Commercial Real Estate Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 10 | 5 |
Loans and Leases Receivable, Gross | 2,367 | 2,211 |
Term [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 45 | 11 |
Loans and Leases Receivable, Gross | 9,587 | 9,344 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 23 | |
Commercial Real Estate [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 11,899 | 11,539 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 33 | 13 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 22 | 3 |
Financing Receivable, Recorded Investment, Past Due | 55 | 16 |
Loans and Leases Receivable, Gross | 11,954 | 11,555 |
Accruing loans 90+ days past due | 8 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 23 | |
Financing Receivable Recorded Investment Nonaccrual Status That Are Current | 6 | 11 |
Home Equity Line of Credit [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 6 | 9 |
Loans and Leases Receivable, Gross | 2,856 | 2,917 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 15 | |
One Through Four Family Residential [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 55 | 36 |
Loans and Leases Receivable, Gross | 7,393 | 7,568 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 59 | |
Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 2 | 0 |
Loans and Leases Receivable, Gross | 640 | 624 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 0 | |
Bankcard And Other Revolving Plans [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Nonaccrual Status | 1 | |
Consumer Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Past Due | 1 | 1 |
Loans and Leases Receivable, Gross | 141 | 155 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 0 | |
Consumer Loan [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 11,399 | 11,717 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 23 | 21 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 45 | 28 |
Financing Receivable, Recorded Investment, Past Due | 68 | 49 |
Loans and Leases Receivable, Gross | 11,467 | 11,766 |
Accruing loans 90+ days past due | 1 | 1 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 75 | |
Financing Receivable Recorded Investment Nonaccrual Status That Are Current | 26 | 20 |
Commercial And Industrial [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 13,912 | 14,665 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 104 | 57 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 60 | 38 |
Accruing loans 90+ days past due | 5 | 8 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 108 | 54 |
PPP [Member] | PPP [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 6,690 | 0 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 0 | 0 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 0 | 0 |
Accruing loans 90+ days past due | 0 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 0 | 0 |
Finance Leases Portfolio Segment [Member] | Finance Leases Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 324 | 334 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 0 | 0 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 0 | 0 |
Accruing loans 90+ days past due | 0 | 1 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 1 | 0 |
Owner Occupied [Member] | Owner Occupied [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 8,028 | 7,862 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 29 | 20 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 26 | 19 |
Accruing loans 90+ days past due | 2 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 40 | 44 |
Municipal [Member] | Municipal [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 2,535 | 2,393 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 0 | 0 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 0 | 0 |
Accruing loans 90+ days past due | 0 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 0 | 0 |
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 2,357 | 2,206 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 10 | 5 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 0 | 0 |
Accruing loans 90+ days past due | 0 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 0 | 1 |
Term [Member] | Term [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 9,542 | 9,333 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 23 | 8 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 22 | 3 |
Accruing loans 90+ days past due | 8 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 6 | 10 |
Home Equity Line of Credit [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 2,850 | 2,908 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 2 | 6 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 4 | 3 |
Accruing loans 90+ days past due | 0 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 10 | 7 |
One Through Four Family Residential [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 7,338 | 7,532 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 15 | 12 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 40 | 24 |
Accruing loans 90+ days past due | 0 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 16 | 13 |
Construction And Other Consumer Real Estate [Member] | Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 638 | 624 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 2 | 0 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 0 | 0 |
Accruing loans 90+ days past due | 0 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 0 | 0 |
Revolving Credit Facility [Member] | Bankcard And Other Revolving Plans [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 433 | 499 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 3 | 2 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 1 | 1 |
Financing Receivable, Recorded Investment, Past Due | 4 | 3 |
Loans and Leases Receivable, Gross | 437 | 502 |
Accruing loans 90+ days past due | 1 | 1 |
Financing Receivable, Recorded Investment, Nonaccrual Status | 0 | 0 |
Consumer Portfolio Segment [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Financing Receivable, Recorded Investment, Current | 140 | 154 |
Financing Receivable Recorded Investment Thirty To Eighty Nine Days Past Due | 1 | 1 |
Financing Receivable Recorded Investments, Equal To and Greater Than 90 Days Past Due | 0 | 0 |
Accruing loans 90+ days past due | 0 | 0 |
Financing Receivable, Recorded Investment, Nonaccrual Status | $ 0 | $ 0 |
Loans, Leases, And Allowance _8
Loans, Leases, And Allowance For Credit Losses (Summary Of Outstanding Loan Balances (Accruing And Nonaccruing) Categorized By Credit Quality Indicators) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Loans Credit Quality Outstanding, Commercial And Industrial | $ 14,076 | $ 14,760 |
Commercial [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Loans Credit Quality Outstanding, Commercial And Industrial | 1,158 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 3,834 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 2,776 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,532 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 564 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 420 | |
Revolving Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 3,721 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 71 | |
Total Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 14,076 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Current Fiscal Year | 6,690 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 6,690 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Current Fiscal Year | 49 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 138 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 56 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 43 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 22 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 16 | |
Revolving Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 324 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Current Fiscal Year | 790 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 1,468 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1,425 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,120 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 802 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 2,279 | |
Revolving Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 180 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 19 | |
Total Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 8,083 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Current Fiscal Year | 371 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 890 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 429 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 487 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 79 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 278 | |
Revolving Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 1 | |
Total Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 2,535 | |
Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated in Current Fiscal Year | 9,058 | |
Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 6,330 | |
Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 4,686 | |
Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 3,182 | |
Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 1,467 | |
Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 2,993 | |
Revolving Loans Credit Quality Outstanding, Amortized Cost Basis | 3,901 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Amortized Cost Basis | 91 | |
Total Loans Credit Quality Outstanding, Amortized Cost Basis | 31,708 | |
Commercial Real Estate Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Current Fiscal Year | 383 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 784 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 625 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 74 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 13 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 8 | |
Revolving Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 477 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 3 | |
Total Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 2,367 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Current Fiscal Year | 1,538 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 2,238 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1,940 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,127 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 930 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 1,722 | |
Revolving Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 83 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 9 | |
Total Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 9,587 | |
Term Loans Credit Quality Outstanding, Commercial Real Estate, Amortized Cost Basis, Originated in Current Fiscal Year | 1,921 | |
Term Loans Credit Quality Outstanding, Commercial Real Estate, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 3,022 | |
Term Loans Credit Quality Outstanding, Commercial Real Estate, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 2,565 | |
Term Loans Credit Quality Outstanding, Commercial Real Estate, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,201 | |
Term Loans Credit Quality Outstanding, Commercial Real Estate, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 943 | |
Term Loans Credit Quality Outstanding, Commercial Real Estate, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 1,730 | |
Revolving Loans Credit Quality Outstanding, Commercial Real Estate, Amortized Cost Basis | 560 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Commercial Real Estate, Amortized Cost Basis | 12 | |
Total Loans Credit Quality Outstanding, Commercial Real Estate, Amortized Cost Basis | 11,954 | |
Consumer Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 2,710 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 146 | |
Total Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 2,856 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated in Current Fiscal Year | 563 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 1,109 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1,021 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,330 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 1,382 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 1,988 | |
Revolving Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 7,393 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated in Current Fiscal Year | 54 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 354 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 187 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 28 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 2 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 15 | |
Revolving Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 640 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 436 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 1 | |
Total Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 437 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated in Current Fiscal Year | 35 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 49 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 32 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 16 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 6 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 3 | |
Revolving Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 141 | |
Term Loans Credit Quality Outstanding, Consumer, Amortized Cost Basis, Originated in Current Fiscal Year | 652 | |
Term Loans Credit Quality Outstanding, Consumer, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 1,512 | |
Term Loans Credit Quality Outstanding, Consumer, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1,240 | |
Term Loans Credit Quality Outstanding, Consumer, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,374 | |
Term Loans Credit Quality Outstanding, Consumer, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 1,390 | |
Term Loans Credit Quality Outstanding, Consumer, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 2,006 | |
Revolving Loans Credit Quality Outstanding, Consumer, Amortized Cost Basis | 3,146 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Consumer, Amortized Cost Basis | 147 | |
Total Loans Credit Quality Outstanding, Consumer, Amortized Cost Basis | 11,467 | |
Total Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated in Current Fiscal Year | 11,631 | |
Total Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 10,864 | |
Total Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 8,491 | |
Total Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 5,757 | |
Total Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 3,800 | |
Total Term Loans Credit Quality Outstanding, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 6,729 | |
Total Revolving Loans Credit Quality Outstanding, Amortized Cost Basis | 7,607 | |
Total Revolving Loans Converted to Term Loans Credit Quality Outstanding, Amortized Cost Basis | 250 | |
Total Loans Credit Quality Outstanding, Total, Amortized Cost Basis | 55,129 | |
Pass [Member] | Commercial [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Loans Credit Quality Outstanding, Commercial And Industrial | 1,084 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 3,456 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 2,401 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,312 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 516 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 317 | |
Revolving Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 3,430 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 37 | |
Total Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 12,553 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Current Fiscal Year | 6,690 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 6,690 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Current Fiscal Year | 49 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 127 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 52 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 40 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 20 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 9 | |
Revolving Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 297 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Current Fiscal Year | 739 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 1,370 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1,306 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,028 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 718 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 2,096 | |
Revolving Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 156 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 17 | |
Total Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 7,430 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Current Fiscal Year | 371 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 890 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 408 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 487 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 79 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 260 | |
Revolving Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 1 | |
Total Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 2,496 | |
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Current Fiscal Year | 357 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 740 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 604 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 47 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 13 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 8 | |
Revolving Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 457 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 3 | |
Total Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 2,229 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Current Fiscal Year | 1,444 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 2,052 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1,739 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,014 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 901 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 1,517 | |
Revolving Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 77 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 9 | |
Total Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 8,753 | |
Pass [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 2,693 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 141 | |
Total Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 2,834 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated in Current Fiscal Year | 563 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 1,107 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1,017 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1,320 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 1,373 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 1,951 | |
Revolving Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 7,331 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated in Current Fiscal Year | 54 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 354 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 187 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 28 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 2 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 15 | |
Revolving Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 640 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 431 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 1 | |
Total Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 432 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated in Current Fiscal Year | 35 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 49 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 32 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 16 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 6 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 3 | |
Revolving Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 141 | |
Special Mention [Member] | Commercial [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Loans Credit Quality Outstanding, Commercial And Industrial | 45 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 186 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 160 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 90 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 14 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 63 | |
Revolving Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 135 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 1 | |
Total Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 694 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 9 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 3 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 2 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 1 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 7 | |
Revolving Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 22 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Current Fiscal Year | 36 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 53 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 63 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 42 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 42 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 45 | |
Revolving Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 14 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 295 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 14 | |
Revolving Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 14 | |
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Current Fiscal Year | 26 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 40 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 21 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 27 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 20 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 134 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Current Fiscal Year | 57 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 161 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 170 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 89 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 15 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 157 | |
Revolving Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 5 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 654 | |
Accruing Substandard [Domain] | Commercial [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Loans Credit Quality Outstanding, Commercial And Industrial | 28 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 159 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 203 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 93 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 24 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 23 | |
Revolving Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 124 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 3 | |
Total Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 657 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 2 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 1 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 4 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Current Fiscal Year | 15 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 36 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 42 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 39 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 35 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 112 | |
Revolving Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 10 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 1 | |
Total Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 290 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 21 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 4 | |
Revolving Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 25 | |
Accruing Substandard [Domain] | Commercial Real Estate Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 4 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 4 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Current Fiscal Year | 37 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 25 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 30 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 20 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 14 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 31 | |
Revolving Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 157 | |
Accruing Substandard [Domain] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 6 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 1 | |
Total Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 7 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 1 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 1 | |
Revolving Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 3 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 4 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 4 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 0 | |
Nonaccrual | Commercial [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Loans Credit Quality Outstanding, Commercial And Industrial | 1 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 33 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 12 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 37 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 10 | |
Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 17 | |
Revolving Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 32 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 30 | |
Total Loans Converted to Term Loans Credit Quality Outstanding, Commercial And Industrial, Amortized Cost Basis | 172 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, SBA PPP, Amortized Cost Basis | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 1 | |
Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Leasing, Amortized Cost Basis | 1 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 9 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 14 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 11 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 7 | |
Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 26 | |
Revolving Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 1 | |
Total Loans Credit Quality Outstanding, Owner-Occupied, Amortized Cost Basis | 68 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Municipal, Amortized Cost Basis | 0 | |
Nonaccrual | Commercial Real Estate Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Construction and Land Development, Amortized Cost Basis | 0 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 1 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 4 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 17 | |
Revolving Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 1 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Term, Amortized Cost Basis | 23 | |
Nonaccrual | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 11 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 4 | |
Total Loans Credit Quality Outstanding, Home Equity Credit Line, Amortized Cost Basis | 15 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 2 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 3 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 10 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 8 | |
Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 36 | |
Revolving Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, 1-4 Family Residential, Amortized Cost Basis | 59 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Construction and Other Consumer Real Estate, Amortized Cost Basis | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 1 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Bankcard and Other Revolving Plans, Amortized Cost Basis | 1 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated in Current Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated in Fiscal Year before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Two Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Three Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Four Years before Latest Fiscal Year | 0 | |
Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis, Originated Five or More Years before Latest Fiscal Year | 0 | |
Revolving Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 0 | |
Revolving Loans Converted to Term Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | 0 | |
Total Loans Credit Quality Outstanding, Other Consumer, Amortized Cost Basis | $ 0 |
Loans, Leases, And Allowance _9
Loans, Leases, And Allowance For Credit Losses (Summary Of Selected Information On TDRs That Includes Recorded Investment On An Accruing And Nonaccruing Basis By Loan Class And Modification Type) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Accruing [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | $ 197 | $ 78 |
Accruing [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 16 | 16 |
Accruing [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 20 | 15 |
Accruing [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 36 | 31 |
Accruing [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 126 | 6 |
Accruing [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 126 | 6 |
Accruing [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 11 | 11 |
Accruing [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 24 | 29 |
Accruing [Member] | Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 1 |
Accruing [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 35 | 41 |
Accruing [Member] | Interest Rate Below Market [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 6 | 7 |
Accruing [Member] | Interest Rate Below Market [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 4 | 4 |
Accruing [Member] | Interest Rate Below Market [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 2 |
Accruing [Member] | Interest Rate Below Market [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Accruing [Member] | Maturity Or Team Extension [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 8 | 7 |
Accruing [Member] | Maturity Or Team Extension [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 6 | 3 |
Accruing [Member] | Maturity Or Team Extension [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Maturity Or Team Extension [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 2 | 4 |
Accruing [Member] | Principal Forgiveness [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 11 | 11 |
Accruing [Member] | Principal Forgiveness [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Principal Forgiveness [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Principal Forgiveness [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 11 | 11 |
Accruing [Member] | Payment Deferral [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 10 | 1 |
Accruing [Member] | Payment Deferral [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 3 | 0 |
Accruing [Member] | Payment Deferral [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 7 | 1 |
Accruing [Member] | Payment Deferral [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 107 | 13 |
Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 11 | 12 |
Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 94 | 0 |
Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 2 | 1 |
Accruing [Member] | Multiple Modification Types [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 55 | 39 |
Accruing [Member] | Multiple Modification Types [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 12 | 12 |
Accruing [Member] | Multiple Modification Types [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 24 | 3 |
Accruing [Member] | Multiple Modification Types [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 19 | 24 |
Nonaccruing [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 285 | 153 |
Nonaccruing [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 65 | 50 |
Nonaccruing [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 8 | 10 |
Nonaccruing [Member] | Municipal [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 73 | 60 |
Nonaccruing [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 7 | 7 |
Nonaccruing [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 7 | 7 |
Nonaccruing [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 2 |
Nonaccruing [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 7 | 6 |
Nonaccruing [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 88 | 75 |
Nonaccruing [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 8 | 8 |
Nonaccruing [Member] | Interest Rate Below Market [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 12 | 13 |
Nonaccruing [Member] | Interest Rate Below Market [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 5 | 5 |
Nonaccruing [Member] | Interest Rate Below Market [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Nonaccruing [Member] | Interest Rate Below Market [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 6 | 6 |
Nonaccruing [Member] | Interest Rate Below Market [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Maturity Or Team Extension [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 8 | 11 |
Nonaccruing [Member] | Maturity Or Team Extension [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 4 |
Nonaccruing [Member] | Maturity Or Team Extension [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Maturity Or Team Extension [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 4 |
Nonaccruing [Member] | Maturity Or Team Extension [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Principal Forgiveness [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 13 | 14 |
Nonaccruing [Member] | Principal Forgiveness [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Principal Forgiveness [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Principal Forgiveness [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 2 | 3 |
Nonaccruing [Member] | Principal Forgiveness [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 2 | 3 |
Nonaccruing [Member] | Payment Deferral [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 22 | 21 |
Nonaccruing [Member] | Payment Deferral [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 10 | 20 |
Nonaccruing [Member] | Payment Deferral [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 0 |
Nonaccruing [Member] | Payment Deferral [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 12 | 20 |
Nonaccruing [Member] | Payment Deferral [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 0 |
Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 115 | 22 |
Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 5 | 5 |
Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 3 | 3 |
Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 8 | 9 |
Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 1 |
Nonaccruing [Member] | Multiple Modification Types [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 115 | 72 |
Nonaccruing [Member] | Multiple Modification Types [Member] | Commercial Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 53 | 26 |
Nonaccruing [Member] | Multiple Modification Types [Member] | Commercial Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 2 | 3 |
Nonaccruing [Member] | Multiple Modification Types [Member] | Consumer Loan [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 60 | 33 |
Nonaccruing [Member] | Multiple Modification Types [Member] | Consumer Portfolio Segment [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 5 | 4 |
Accruing [Member] | Accruing [Member] | Interest Rate Below Market [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Accruing [Member] | Accruing [Member] | Interest Rate Below Market [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 3 | 3 |
Accruing [Member] | Accruing [Member] | Interest Rate Below Market [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 2 |
Accruing [Member] | Accruing [Member] | Interest Rate Below Market [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Interest Rate Below Market [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Accruing [Member] | Accruing [Member] | Interest Rate Below Market [Member] | Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Maturity Or Team Extension [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 5 | 2 |
Accruing [Member] | Accruing [Member] | Maturity Or Team Extension [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Accruing [Member] | Accruing [Member] | Maturity Or Team Extension [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Maturity Or Team Extension [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 2 |
Accruing [Member] | Accruing [Member] | Maturity Or Team Extension [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Accruing [Member] | Accruing [Member] | Maturity Or Team Extension [Member] | Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 1 |
Accruing [Member] | Accruing [Member] | Principal Forgiveness [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Principal Forgiveness [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Principal Forgiveness [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Principal Forgiveness [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 7 | 7 |
Accruing [Member] | Accruing [Member] | Principal Forgiveness [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 4 | 4 |
Accruing [Member] | Accruing [Member] | Principal Forgiveness [Member] | Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Payment Deferral [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Payment Deferral [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 3 | 0 |
Accruing [Member] | Accruing [Member] | Payment Deferral [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 7 | 1 |
Accruing [Member] | Accruing [Member] | Payment Deferral [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Payment Deferral [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Payment Deferral [Member] | Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 7 | 8 |
Accruing [Member] | Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 4 | 4 |
Accruing [Member] | Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 94 | 0 |
Accruing [Member] | Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 0 |
Accruing [Member] | Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Accruing [Member] | Accruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Accruing [Member] | Accruing [Member] | Multiple Modification Types [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 3 | 5 |
Accruing [Member] | Accruing [Member] | Multiple Modification Types [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 9 | 7 |
Accruing [Member] | Accruing [Member] | Multiple Modification Types [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 24 | 3 |
Accruing [Member] | Accruing [Member] | Multiple Modification Types [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 2 | 2 |
Accruing [Member] | Accruing [Member] | Multiple Modification Types [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 17 | 22 |
Accruing [Member] | Accruing [Member] | Multiple Modification Types [Member] | Construction And Other Consumer Real Estate [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Interest Rate Below Market [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Interest Rate Below Market [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 5 | 5 |
Nonaccruing [Member] | Nonaccruing [Member] | Interest Rate Below Market [Member] | Municipal [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Interest Rate Below Market [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Nonaccruing [Member] | Nonaccruing [Member] | Interest Rate Below Market [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Interest Rate Below Market [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Maturity Or Team Extension [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 4 |
Nonaccruing [Member] | Nonaccruing [Member] | Maturity Or Team Extension [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Maturity Or Team Extension [Member] | Municipal [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Maturity Or Team Extension [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Maturity Or Team Extension [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Maturity Or Team Extension [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Principal Forgiveness [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Principal Forgiveness [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Principal Forgiveness [Member] | Municipal [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Principal Forgiveness [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Principal Forgiveness [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 2 |
Nonaccruing [Member] | Nonaccruing [Member] | Principal Forgiveness [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Nonaccruing [Member] | Nonaccruing [Member] | Payment Deferral [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 10 | 20 |
Nonaccruing [Member] | Nonaccruing [Member] | Payment Deferral [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Payment Deferral [Member] | Municipal [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Payment Deferral [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Payment Deferral [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Payment Deferral [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 4 | 4 |
Nonaccruing [Member] | Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 1 | 1 |
Nonaccruing [Member] | Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Municipal [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 3 | 3 |
Nonaccruing [Member] | Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Other Recorded Investment Resulting From Following Modification [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 1 |
Nonaccruing [Member] | Nonaccruing [Member] | Multiple Modification Types [Member] | Commercial And Industrial [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 51 | 22 |
Nonaccruing [Member] | Nonaccruing [Member] | Multiple Modification Types [Member] | Owner Occupied [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 2 | 4 |
Nonaccruing [Member] | Nonaccruing [Member] | Multiple Modification Types [Member] | Municipal [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Multiple Modification Types [Member] | Term [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 2 | 3 |
Nonaccruing [Member] | Nonaccruing [Member] | Multiple Modification Types [Member] | Home Equity Line of Credit [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | 0 | 0 |
Nonaccruing [Member] | Nonaccruing [Member] | Multiple Modification Types [Member] | One Through Four Family Residential [Member] | ||
Financing Receivable, Modifications [Line Items] | ||
Recorded investment resulting from the following modification types | $ 5 | $ 4 |
Loans, Leases, And Allowance_10
Loans, Leases, And Allowance For Credit Losses (Schedule Of Investment Of Accruing And Nonaccruing Loans Modified As Troubled Debt Restructurings) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | $ 2 | $ 4 | $ 3 | $ 8 |
Loans Modified As Troubled Debt Restructurings Loans | 173 | 69 | ||
Accruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 |
Nonaccruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 2 | 4 | 3 | 8 |
Commercial And Industrial [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 2 | 3 | 3 | 6 |
Commercial And Industrial [Member] | Accruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 |
Commercial And Industrial [Member] | Nonaccruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 2 | 3 | 3 | 6 |
Term [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 1 | ||
Term [Member] | Accruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | ||
Term [Member] | Nonaccruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 1 | ||
One Through Four Family Residential [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 1 | 0 | 1 |
One Through Four Family Residential [Member] | Accruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | 0 | 0 |
One Through Four Family Residential [Member] | Nonaccruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | $ 0 | $ 1 | 0 | 1 |
Construction And Other Consumer Real Estate [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | ||
Construction And Other Consumer Real Estate [Member] | Accruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | 0 | 0 | ||
Construction And Other Consumer Real Estate [Member] | Nonaccruing [Member] | ||||
Financing Receivable, Modifications [Line Items] | ||||
Financing Receivable, Modifications, Subsequent Default, Recorded Investment | $ 0 | $ 0 |
Loans, Leases, And Allowance_11
Loans, Leases, And Allowance For Credit Losses (Collateral-Dependent Loans) (Details) $ in Millions | Jun. 30, 2020USD ($) |
Financing Receivable, Impaired [Line Items] | |
Collateral-Dependent Loans, Amortized Cost | $ 31 |
Commercial [Member] | |
Financing Receivable, Impaired [Line Items] | |
Collateral-Dependent Loans, Commercial and Industrial, Amortized Cost | 16 |
Collateral-Dependent Loans, Owner-Occupied, Amortized Cost | $ 2 |
Collateral-Dependent Loans, Commercial and Industrial, Weighted Average Loan to Value Ratio | 47.00% |
Collateral-Dependent Loans, Owner-Occupied, Weighted Average Loan to Value Ratio | 26.00% |
Commercial Real Estate Portfolio Segment [Member] | |
Financing Receivable, Impaired [Line Items] | |
Collateral-Dependent Loans, Term, Amortized Cost | $ 10 |
Collateral-Dependent Loans, Term, Weighted Average Loan to Value Ratio | 50.00% |
Consumer Portfolio Segment [Member] | |
Financing Receivable, Impaired [Line Items] | |
Collateral-Dependent Loans, Home Equity Credit Line, Amortized Cost | $ 2 |
Collateral-Dependent Loans, 1-4 Family Residential, Amortized Cost | $ 1 |
Collateral-Dependent Loans, Home Equity Credit Line, Weighted Average Loan to Value Ratio | 26.00% |
Collateral-Dependent Loans, 1-4 Family Residential, Weighted Average Loan to Value Ratio | 45.00% |
Derivative Instruments And He_3
Derivative Instruments And Hedging Activities (Narrative) (Details) $ in Millions | 3 Months Ended | 6 Months Ended | ||||||
Jun. 30, 2020USD ($) | Jun. 30, 2019USD ($) | Jun. 30, 2020USD ($) | Jun. 30, 2019USD ($) | Mar. 31, 2020USD ($) | Mar. 31, 2020derivative_instrument | Mar. 31, 2020numberOfBranches | Dec. 31, 2019USD ($) | |
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||
Derivative, Notional amount | $ 16,513 | $ 16,513 | $ 15,030 | |||||
Terminated Swaps | $ 1,000 | |||||||
Number of derivatives terminated | 2 | 2 | ||||||
Terminated Swaps, Fair Value | 36 | |||||||
Terminated swaps, amortization of debt basis adjustment | 7 | |||||||
Terminated swaps, amortization of debt basis adjustment due to repurchase and retirement of Senior notes | 12 | |||||||
Terminated Swaps, Unamortized Debt Basis Adjustments | 18 | |||||||
Decrease in cash flow hedge portfolio | 4 | |||||||
Derivative liability, fair value | 40 | 40 | 19 | |||||
Cash collateral pledged for derivative liabilities | 81 | 81 | ||||||
Additional collateral that would be required to be pledge if credit rating was downgraded by one notch | 3 | 3 | ||||||
Interest Rate Swap Terminated One [Member] | ||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||
Terminated Swaps, Maturity Value | 500 | |||||||
Interest Rate Swap Terminated Two [Member] | ||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||
Terminated Swaps, Maturity Value | $ 500 | |||||||
Other Liabilities [Member] | ||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||
Derivative liability, fair value | 502 | 502 | 167 | |||||
Derivatives Designated As Hedging Instruments [Member] | ||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||
Derivative, Notional amount | 4,000 | 4,000 | 5,088 | |||||
Decrease in cash flow hedge portfolio | (10) | $ (26) | (102) | $ (35) | ||||
Derivatives Designated As Hedging Instruments [Member] | Other Liabilities [Member] | ||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||
Derivative liability, fair value | 0 | 0 | 0 | |||||
Fair Value Hedging [Member] | Derivatives Designated As Hedging Instruments [Member] | Interest Rate Swap [Member] | ||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||
Derivative, Notional amount | 500 | 500 | $ 1,500 | |||||
Cash Flow Hedging [Member] | Derivatives Designated As Hedging Instruments [Member] | Interest Rate Swap [Member] | ||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||
Derivative, Notional amount | 3,500 | 3,500 | ||||||
Decrease in cash flow hedge portfolio | $ (10) | $ (24) | $ (102) | $ (33) |
Derivative Instruments and He_4
Derivative Instruments and Hedging Activities (Notional and Recorded Fair Values) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Derivative [Line Items] | ||
Derivative, Notional amount | $ 16,513 | $ 15,030 |
Derivative asset, fair value | 483 | 153 |
Derivative liability, fair value | 40 | 19 |
Net credit valuation adjustment reducing fair value | 34 | 11 |
Other Assets [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 483 | 158 |
Other Liabilities [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 502 | 167 |
Designated as Hedging Instrument [Member] | ||
Derivative [Line Items] | ||
Derivative, Notional amount | 4,000 | 5,088 |
Designated as Hedging Instrument [Member] | Other Assets [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 0 | 0 |
Designated as Hedging Instrument [Member] | Other Liabilities [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 0 | 0 |
Designated as Hedging Instrument [Member] | Interest Rate Floor [Member] | Cash Flow Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative, Notional amount | 0 | 0 |
Designated as Hedging Instrument [Member] | Interest Rate Floor [Member] | Other Assets [Member] | Cash Flow Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 0 | 0 |
Designated as Hedging Instrument [Member] | Interest Rate Floor [Member] | Other Liabilities [Member] | Cash Flow Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 0 | 0 |
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Cash Flow Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative, Notional amount | 3,500 | 3,588 |
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Fair Value Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative, Notional amount | 500 | |
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Assets [Member] | Cash Flow Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 0 | 0 |
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Assets [Member] | Fair Value Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 0 | 0 |
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Liabilities [Member] | Cash Flow Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 0 | 0 |
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Liabilities [Member] | Fair Value Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 0 | 0 |
Derivatives Not Designated As Hedging Instruments [Member] | ||
Derivative [Line Items] | ||
Derivative, Notional amount | 12,513 | 9,942 |
Derivatives Not Designated As Hedging Instruments [Member] | Other Assets [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 483 | 158 |
Derivatives Not Designated As Hedging Instruments [Member] | Other Liabilities [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 502 | 167 |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swap [Member] | ||
Derivative [Line Items] | ||
Derivative, Notional amount | 1,679 | 726 |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swap [Member] | Other Assets [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 20 | 3 |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swap [Member] | Other Liabilities [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 6 | 1 |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swaps For Customers [Member] | ||
Derivative [Line Items] | ||
Derivative, Notional amount | 5,280 | 4,409 |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swaps For Customers [Member] | Other Assets [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 460 | 146 |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swaps For Customers [Member] | Other Assets [Member] | Fair Value Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 460 | 141 |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swaps For Customers [Member] | Other Liabilities [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 0 | 5 |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swaps For Customers [Member] | Other Liabilities [Member] | Fair Value Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 0 | 5 |
Derivatives Not Designated As Hedging Instruments [Member] | Offsetting Interest Rate Derivatives [Member] | ||
Derivative [Line Items] | ||
Derivative, Notional amount | 5,281 | 4,422 |
Derivatives Not Designated As Hedging Instruments [Member] | Offsetting Interest Rate Derivatives [Member] | Other Assets [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 0 | 5 |
Derivatives Not Designated As Hedging Instruments [Member] | Offsetting Interest Rate Derivatives [Member] | Other Assets [Member] | Fair Value Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 0 | 5 |
Derivatives Not Designated As Hedging Instruments [Member] | Offsetting Interest Rate Derivatives [Member] | Other Liabilities [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 494 | 157 |
Derivatives Not Designated As Hedging Instruments [Member] | Offsetting Interest Rate Derivatives [Member] | Other Liabilities [Member] | Fair Value Hedging [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | 32 | 9 |
Derivatives Not Designated As Hedging Instruments [Member] | Foreign Exchange [Member] | ||
Derivative [Line Items] | ||
Derivative, Notional amount | 273 | 385 |
Derivatives Not Designated As Hedging Instruments [Member] | Foreign Exchange [Member] | Other Assets [Member] | ||
Derivative [Line Items] | ||
Derivative asset, fair value | 3 | 4 |
Derivatives Not Designated As Hedging Instruments [Member] | Foreign Exchange [Member] | Other Liabilities [Member] | ||
Derivative [Line Items] | ||
Derivative liability, fair value | $ 2 | $ 4 |
Derivative Instruments and He_5
Derivative Instruments and Hedging Activities (Derivative gain (loss) recognized/reclassified) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Effective Portion of Derivatives Gain/(Loss) Deferred in OCI | $ (4) | |||
Amount of Gain/(Loss) Reclassified From OCI into Income | 10 | $ (1) | $ 13 | $ (2) |
Gains to be reclassified within the next 12 months into interest income | 61 | |||
Interest Rate Contract [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Amount of Gain/(Loss) Reclassified From OCI into Income | 10 | (1) | 13 | (2) |
Derivatives Designated As Hedging Instruments [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Effective Portion of Derivatives Gain/(Loss) Deferred in OCI | 10 | 26 | 102 | 35 |
Excluded Components Deferred in OCI (Amortization Approach) | 0 | 15 | 0 | 18 |
Amount of Gain/(Loss) Reclassified From OCI into Income | 13 | (2) | 17 | (4) |
Hedge Ineffectiveness / OCI Reclass due to Missed Forecast | 0 | 0 | 0 | 0 |
Interest on Fair Value Hedges | 7 | 0 | 10 | 1 |
Derivatives Designated As Hedging Instruments [Member] | Cash Flow Hedging [Member] | Interest Rate Floor [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Effective Portion of Derivatives Gain/(Loss) Deferred in OCI | 0 | 2 | 0 | 2 |
Excluded Components Deferred in OCI (Amortization Approach) | 0 | 15 | 0 | 18 |
Amount of Gain/(Loss) Reclassified From OCI into Income | 3 | (1) | 6 | (1) |
Hedge Ineffectiveness / OCI Reclass due to Missed Forecast | 0 | 0 | 0 | 0 |
Interest on Fair Value Hedges | 0 | 0 | 0 | 0 |
Derivatives Designated As Hedging Instruments [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Effective Portion of Derivatives Gain/(Loss) Deferred in OCI | 10 | 24 | 102 | 33 |
Excluded Components Deferred in OCI (Amortization Approach) | 0 | 0 | 0 | 0 |
Amount of Gain/(Loss) Reclassified From OCI into Income | 10 | (1) | 11 | (3) |
Hedge Ineffectiveness / OCI Reclass due to Missed Forecast | 0 | 0 | 0 | 0 |
Interest on Fair Value Hedges | 0 | 0 | 0 | 0 |
Derivatives Designated As Hedging Instruments [Member] | Fair Value Hedging [Member] | Interest Rate Contract [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Effective Portion of Derivatives Gain/(Loss) Deferred in OCI | 0 | 0 | 0 | 0 |
Excluded Components Deferred in OCI (Amortization Approach) | 0 | 0 | 0 | 0 |
Amount of Gain/(Loss) Reclassified From OCI into Income | 0 | 0 | 0 | 0 |
Hedge Ineffectiveness / OCI Reclass due to Missed Forecast | 0 | 0 | 0 | 0 |
Interest on Fair Value Hedges | 1 | 0 | 3 | 1 |
Derivatives Designated As Hedging Instruments [Member] | Fair Value Hedging [Member] | Terminated Swaps [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Effective Portion of Derivatives Gain/(Loss) Deferred in OCI | 0 | 0 | 0 | 0 |
Excluded Components Deferred in OCI (Amortization Approach) | 0 | 0 | 0 | 0 |
Amount of Gain/(Loss) Reclassified From OCI into Income | 0 | 0 | 0 | 0 |
Hedge Ineffectiveness / OCI Reclass due to Missed Forecast | 0 | 0 | 0 | 0 |
Interest on Fair Value Hedges | 6 | 0 | 7 | 0 |
Derivatives Not Designated As Hedging Instruments [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Interest on Fair Value Hedges | 2 | 6 | 17 | 12 |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swaps For Customers [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Interest on Fair Value Hedges | 34 | 86 | 346 | 132 |
Derivatives Not Designated As Hedging Instruments [Member] | Offsetting Interest Rate Derivatives [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Interest on Fair Value Hedges | (39) | (85) | (352) | (130) |
Derivatives Not Designated As Hedging Instruments [Member] | Interest Rate Swap [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Interest on Fair Value Hedges | 2 | (1) | 11 | (1) |
Derivatives Not Designated As Hedging Instruments [Member] | Foreign Exchange [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Interest on Fair Value Hedges | $ 5 | $ 6 | $ 12 | $ 11 |
Derivative Instruments and He_6
Derivative Instruments and Hedging Activities (Derivatives Not Designated As Hedges) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Derivatives Not Designated As Hedging Instruments [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Noninterest (Other) Income/(Expense) | $ 2 | $ 6 | $ 17 | $ 12 |
Derivative Instruments and He_7
Derivative Instruments and Hedging Activities (Gain (loss) recorded in income) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Total income statement impact | $ (12) | $ (6) | $ (23) | $ (8) |
Interest Rate Swap [Member] | ||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||
Increase (Decrease) in Fair Value of Derivative | 4 | 12 | 75 | 18 |
Increase (Decrease) in Fair Value of Hedged Item | (4) | (12) | (75) | (18) |
Total income statement impact | $ 0 | $ 0 | $ 0 | $ 0 |
Derivative Instruments and He_8
Derivative Instruments and Hedging Activities (Long-term debt hedged items) (Details) - Fair Value Hedging [Member] - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Derivative Instruments, Gain (Loss) [Line Items] | ||
Carrying amount of hedged liability | $ (549) | $ (1,510) |
Cumulative amount of fair value hedging adjustment included in the carrying amount of the hedged assets/(liabilities) | $ (49) | $ (10) |
Leases (Narrative) (Details)
Leases (Narrative) (Details) $ in Millions | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2020USD ($)numberOfBranchesbranch | Jun. 30, 2019USD ($) | Jun. 30, 2020USD ($)numberOfBranchesbranch | Jun. 30, 2019USD ($) | Dec. 31, 2019USD ($) | |
Leases [Abstract] | |||||
Number of branches | branch | 421 | 421 | |||
Number of branches owned | numberOfBranches | 274 | 274 | |||
Number of branches leased | numberOfBranches | 147 | 147 | |||
Operating right-of-use assets, net of amortization | $ 209 | $ 209 | $ 218 | ||
Finance lease assets | 4 | 4 | 4 | ||
Operating lease income | 3 | $ 3 | 6 | $ 6 | |
Sales-type or direct financing leases | 324 | 324 | $ 334 | ||
Sales-type or direct financing leases income | 3 | 3 | 7 | 7 | |
Operating cash disbursements from operating leases | $ 13 | $ 12 | $ 25 | $ 24 |
Leases (Assets and Liabilities)
Leases (Assets and Liabilities) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Leases [Abstract] | ||
Operating right-of-use assets, net of amortization | $ 209 | $ 218 |
Operating lease liabilities | $ 237 | $ 246 |
Weighted average remaining lease term, operating leases | 8 years 10 months 24 days | 9 years 1 month 6 days |
Weighted average remaining lease term, finance leases | 19 years 8 months 12 days | 20 years 2 months 12 days |
Weighted average discount rate, operating leases | 3.10% | 3200000.00% |
Weighted average discount rate, finance leases | 3.10% | 3100000.00% |
Leases (Components of lease exp
Leases (Components of lease expense) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Leases [Abstract] | ||||
Operating lease costs | $ 12 | $ 12 | $ 24 | $ 24 |
Variable lease costs | 12 | 13 | 24 | 26 |
Total lease cost | $ 24 | $ 25 | $ 48 | $ 50 |
Leases (Supplemental cash flow
Leases (Supplemental cash flow information) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Leases [Abstract] | ||||
Operating cash disbursements from operating leases | $ 13 | $ 12 | $ 25 | $ 24 |
New operating lease liabilities | $ 3 | $ 4 | $ 6 | $ 4 |
Leases (Maturities analysis) (D
Leases (Maturities analysis) (Details) $ in Millions | Jun. 30, 2020USD ($) |
Leases [Abstract] | |
2020 | $ 25 |
2021 | 47 |
2022 | 42 |
2023 | 35 |
2024 | 26 |
Thereafter | 104 |
Total | $ 279 |
Long-Term Debt And Shareholde_3
Long-Term Debt And Shareholders' Equity (Long-term Debt) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Debt Instruments [Abstract] | ||
Subordinated notes | $ 630 | $ 572 |
Senior notes | 719 | 1,147 |
Finance lease obligations | 4 | 4 |
Total | $ 1,353 | $ 1,723 |
Long-Term Debt And Shareholde_4
Long-Term Debt And Shareholders' Equity (Debt Narrative) (Details) $ in Millions | 3 Months Ended | |||
Jun. 30, 2020USD ($) | Mar. 31, 2020derivative_instrument | Mar. 31, 2020USD ($) | Mar. 31, 2020numberOfBranches | |
Number of derivatives terminated | 2 | 2 | ||
Senior Notes [Member] | 3.50% Senior Notes [Member] | ||||
Repayments of debt | $ 219 | |||
Debt interest rate | 3.50% | |||
Senior Notes [Member] | 3.35% Senior Notes [Member] | ||||
Repayments of debt | $ 210 | |||
Debt interest rate | 3.35% | |||
Subordinated Debt [Member] | 3.35% Senior Notes [Member] | ||||
Debt interest rate | 3.25% | |||
Subordinated Debt [Member] | Subordinated Notes Interest Rate 3.25 Percent [Member] | ||||
Subordinated notes par amount | $ 500 |
Long-Term Debt And Shareholde_5
Long-Term Debt And Shareholders' Equity (Shareholders' Equity Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | 6 Months Ended | ||
Mar. 31, 2020 | Jun. 30, 2020 | May 22, 2020 | Dec. 31, 2019 | |
Shares outstanding (in shares) | 164,000,000 | |||
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 | ||
Common stock and additional paid-in capital | $ 2,700 | |||
Common Stock and Additional Paid-in Capital Change | $ 60 | |||
Common Stock and Additional Paid-in Capital Percentage Change | 2.00% | |||
Common stock repurchased (in shares) | 1,700,000 | |||
Fair value of stock repurchased | $ 75 | |||
Average price per share of stock repurchased (in dollars per share) | $ 45.02 | |||
Common stock, terms of conversion | 1.10 | |||
Accumulated other comprehensive income | $ 355 | $ 43 | ||
Warrant [Member] | ||||
Warrants expired (in shares) | 29,200,000 | |||
Warrant exercise price (in dollars per share) | $ 33.31 |
Long-Term Debt And Shareholde_6
Long-Term Debt And Shareholders' Equity (Changes In Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
Beginning balance | $ 43 | |||
Other comprehensive income | $ 96 | $ 147 | 312 | $ 275 |
Ending balance | 355 | 355 | ||
Net unrealized gains (losses) on investment securities | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
Beginning balance | 29 | (228) | ||
OCI before reclassifications, net of tax | 241 | 237 | ||
Amounts reclassified from AOCI, net of tax | 0 | 0 | ||
Other comprehensive income | 241 | 237 | ||
Ending balance | 270 | 9 | 270 | 9 |
Net unrealized gains (losses) on investment securities, tax | 79 | 78 | ||
Net unrealized gains (losses) on derivatives and other | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
Beginning balance | 28 | (1) | ||
OCI before reclassifications, net of tax | 71 | 36 | ||
Amounts reclassified from AOCI, net of tax | (13) | 2 | ||
Other comprehensive income | 58 | 38 | ||
Ending balance | 86 | 37 | 86 | 37 |
Net unrealized gains (losses) on derivatives and other | 19 | 12 | ||
Pension and post-retirement | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
Beginning balance | (14) | (21) | ||
OCI before reclassifications, net of tax | 13 | 0 | ||
Amounts reclassified from AOCI, net of tax | 0 | 0 | ||
Other comprehensive income | 13 | 0 | ||
Ending balance | (1) | (21) | (1) | (21) |
Pension and post-retirement, tax | 4 | 0 | ||
Total | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
Beginning balance | 43 | (250) | ||
OCI before reclassifications, net of tax | 325 | 273 | ||
Amounts reclassified from AOCI, net of tax | (13) | 2 | ||
Other comprehensive income | 96 | 147 | 312 | 275 |
Ending balance | $ 355 | $ 25 | 355 | 25 |
Other Comprehensive Income (Loss), Tax | $ 102 | $ 90 |
Long-Term Debt And Shareholde_7
Long-Term Debt And Shareholders' Equity (Amounts Reclassified from AOCI) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
Amounts Reclassified from AOCI | $ 10 | $ (1) | $ 13 | $ (2) |
Interest Rate Contract [Member] | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
Income tax expense (benefit) | 3 | (1) | 4 | (2) |
Amounts Reclassified from AOCI | 10 | (1) | 13 | (2) |
Interest Rate Contract [Member] | Interest And Fees On Loan | ||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
Net unrealized gains (losses) on derivative instruments | $ 13 | $ (2) | $ 17 | $ (4) |
Commitments, Guarantees, And _3
Commitments, Guarantees, And Contingent Liabilities (Schedule Of Off Balance Sheet Financial Instruments) (Details) - USD ($) $ in Millions | Jun. 30, 2020 | Dec. 31, 2019 |
Liabilities for Guarantees on Long-Duration Contracts [Line Items] | ||
Net unfunded commitments to extend credit | $ 23,498 | $ 23,099 |
Commercial letters of credit | 21 | 5 |
Total unfunded lending commitments | 24,229 | 23,927 |
Financial [Member] | ||
Liabilities for Guarantees on Long-Duration Contracts [Line Items] | ||
Standby letters of credit | 532 | 631 |
Performance [Member] | ||
Liabilities for Guarantees on Long-Duration Contracts [Line Items] | ||
Standby letters of credit | $ 178 | $ 192 |
Commitments, Guarantees, And _4
Commitments, Guarantees, And Contingent Liabilities (Narrative) (Details) $ in Millions | Jun. 30, 2020USD ($) |
Guarantor Obligations [Line Items] | |
Letters of credit, accrued liability | $ 6 |
Reserve for unfunded lending commitments | 4 |
Deferred commitment fees | 2 |
Minimum [Member] | |
Guarantor Obligations [Line Items] | |
Estimate of possible losses | 0 |
Maximum [Member] | |
Guarantor Obligations [Line Items] | |
Estimate of possible losses | $ 35 |
Revenue Recognition and Defer_2
Revenue Recognition and Deferred Revenue (Details) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020USD ($)States | Jun. 30, 2019USD ($) | Jun. 30, 2020USD ($)States | Jun. 30, 2019USD ($) | |
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Number of states in which entity operates | States | 11 | 11 | ||
Commercial account fees | $ 30 | $ 30 | $ 61 | $ 60 |
Card fees | 19 | 23 | 39 | 46 |
Retail and business banking fees | 15 | 20 | 33 | 38 |
Capital markets and foreign exchange fees | 18 | 20 | 42 | 35 |
Wealth management and trust fees | 15 | 15 | 31 | 28 |
Total customer-related fees | 130 | 130 | 271 | 252 |
Total noninterest income | 117 | 132 | 250 | 264 |
Net interest income | 563 | 569 | 1,111 | 1,145 |
Other [Member] | ||||
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Commercial account fees | 0 | (1) | (2) | 0 |
Card fees | 0 | 0 | 2 | (1) |
Retail and business banking fees | 0 | 2 | 0 | 0 |
Capital markets and foreign exchange fees | 3 | 1 | 4 | 2 |
Wealth management and trust fees | 1 | 5 | 2 | 8 |
Other customer-related fees | 5 | 3 | 8 | 5 |
Total noninterest income from contracts with customers (ASC 606) | 9 | 10 | 14 | 14 |
Other noninterest income (Non-ASC 606 customer related) | 3 | 0 | 10 | 3 |
Total customer-related fees | 12 | 10 | 24 | 17 |
Other non-interest income (non-customer related) | (12) | (1) | (21) | 11 |
Total noninterest income | 0 | 9 | 3 | 28 |
Other real estate owned gain from sale | 0 | 0 | 0 | 1 |
Net interest income | 30 | (13) | 50 | (14) |
Total income less interest expense | 30 | (4) | 53 | 15 |
Zions Bank [Member] | Operating Segments [Member] | ||||
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Commercial account fees | 10 | 10 | 21 | 20 |
Card fees | 11 | 13 | 23 | 25 |
Retail and business banking fees | 4 | 5 | 10 | 11 |
Capital markets and foreign exchange fees | (1) | 0 | (1) | 0 |
Wealth management and trust fees | 6 | 4 | 11 | 8 |
Other customer-related fees | 1 | 1 | 1 | 2 |
Total noninterest income from contracts with customers (ASC 606) | 31 | 33 | 65 | 66 |
Other noninterest income (Non-ASC 606 customer related) | 7 | 3 | 12 | 4 |
Total customer-related fees | 38 | 36 | 77 | 70 |
Other non-interest income (non-customer related) | 0 | 2 | (1) | 1 |
Total noninterest income | 38 | 38 | 76 | 71 |
Other real estate owned gain from sale | 0 | 0 | 0 | 1 |
Net interest income | 156 | 175 | 314 | 351 |
Total income less interest expense | 194 | 213 | 390 | 423 |
Amegy Corporation [Member] | Operating Segments [Member] | ||||
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Commercial account fees | 10 | 9 | 19 | 17 |
Card fees | 6 | 7 | 12 | 14 |
Retail and business banking fees | 3 | 4 | 7 | 8 |
Capital markets and foreign exchange fees | 1 | 1 | 3 | 3 |
Wealth management and trust fees | 4 | 3 | 8 | 5 |
Other customer-related fees | 0 | 0 | 1 | 1 |
Total noninterest income from contracts with customers (ASC 606) | 24 | 24 | 50 | 48 |
Other noninterest income (Non-ASC 606 customer related) | 8 | 10 | 17 | 20 |
Total customer-related fees | 32 | 34 | 67 | 68 |
Other non-interest income (non-customer related) | (1) | 0 | 0 | 0 |
Total noninterest income | 31 | 34 | 67 | 68 |
Other real estate owned gain from sale | 0 | 0 | 0 | 0 |
Net interest income | 120 | 127 | 237 | 252 |
Total income less interest expense | 151 | 161 | 304 | 320 |
California Bank And Trust [Member] | Operating Segments [Member] | ||||
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Commercial account fees | 5 | 6 | 11 | 11 |
Card fees | 3 | 4 | 6 | 8 |
Retail and business banking fees | 3 | 3 | 6 | 7 |
Capital markets and foreign exchange fees | 0 | 0 | 0 | 0 |
Wealth management and trust fees | 2 | 1 | 4 | 2 |
Other customer-related fees | 0 | 1 | 1 | 1 |
Total noninterest income from contracts with customers (ASC 606) | 13 | 15 | 28 | 29 |
Other noninterest income (Non-ASC 606 customer related) | 6 | 7 | 15 | 12 |
Total customer-related fees | 19 | 22 | 43 | 41 |
Other non-interest income (non-customer related) | 0 | 0 | 1 | 0 |
Total noninterest income | 19 | 22 | 44 | 41 |
Other real estate owned gain from sale | 0 | 0 | 0 | 0 |
Net interest income | 123 | 134 | 245 | 267 |
Total income less interest expense | 142 | 156 | 289 | 308 |
National Bank Of Arizona [Member] | Operating Segments [Member] | ||||
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Commercial account fees | 2 | 2 | 4 | 4 |
Card fees | 2 | 3 | 5 | 6 |
Retail and business banking fees | 2 | 2 | 4 | 4 |
Capital markets and foreign exchange fees | 0 | 0 | 0 | 0 |
Wealth management and trust fees | 0 | 0 | 1 | 1 |
Other customer-related fees | 0 | 0 | 0 | 0 |
Total noninterest income from contracts with customers (ASC 606) | 6 | 7 | 14 | 15 |
Other noninterest income (Non-ASC 606 customer related) | 4 | 3 | 7 | 6 |
Total customer-related fees | 10 | 10 | 21 | 21 |
Other non-interest income (non-customer related) | 0 | 1 | 0 | 0 |
Total noninterest income | 10 | 11 | 21 | 21 |
Other real estate owned gain from sale | 0 | 0 | 0 | 0 |
Net interest income | 53 | 59 | 105 | 117 |
Total income less interest expense | 63 | 70 | 126 | 138 |
Nevada State Bank [Member] | Operating Segments [Member] | ||||
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Commercial account fees | 1 | 2 | 4 | 4 |
Card fees | 2 | 3 | 5 | 6 |
Retail and business banking fees | 2 | 3 | 4 | 6 |
Capital markets and foreign exchange fees | 0 | 0 | 0 | 0 |
Wealth management and trust fees | 1 | 1 | 2 | 2 |
Other customer-related fees | 0 | 0 | 0 | 0 |
Total noninterest income from contracts with customers (ASC 606) | 6 | 9 | 15 | 18 |
Other noninterest income (Non-ASC 606 customer related) | 4 | 2 | 6 | 3 |
Total customer-related fees | 10 | 11 | 21 | 21 |
Other non-interest income (non-customer related) | 0 | 0 | 0 | 0 |
Total noninterest income | 10 | 11 | 21 | 21 |
Other real estate owned gain from sale | 0 | 0 | 0 | 0 |
Net interest income | 35 | 38 | 70 | 76 |
Total income less interest expense | 45 | 49 | 91 | 97 |
Vectra Bank Colorado [Member] | Operating Segments [Member] | ||||
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Commercial account fees | 1 | 1 | 3 | 3 |
Card fees | 1 | 2 | 2 | 3 |
Retail and business banking fees | 1 | 1 | 2 | 2 |
Capital markets and foreign exchange fees | 0 | 0 | 0 | 0 |
Wealth management and trust fees | 1 | 0 | 2 | 1 |
Other customer-related fees | 0 | 0 | 0 | 0 |
Total noninterest income from contracts with customers (ASC 606) | 4 | 4 | 9 | 9 |
Other noninterest income (Non-ASC 606 customer related) | 4 | 2 | 7 | 3 |
Total customer-related fees | 8 | 6 | 16 | 12 |
Other non-interest income (non-customer related) | 0 | 0 | 0 | 0 |
Total noninterest income | 8 | 6 | 16 | 12 |
Other real estate owned gain from sale | 0 | 0 | 0 | 0 |
Net interest income | 33 | 35 | 65 | 69 |
Total income less interest expense | 41 | 41 | 81 | 81 |
Commerce Bank Of Washington [Member] | Operating Segments [Member] | ||||
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Commercial account fees | 1 | 1 | 1 | 1 |
Card fees | 0 | 0 | 0 | 1 |
Retail and business banking fees | 0 | 0 | 0 | 0 |
Capital markets and foreign exchange fees | 0 | 0 | 0 | 0 |
Wealth management and trust fees | 0 | 0 | 0 | 0 |
Other customer-related fees | 0 | 0 | 0 | 0 |
Total noninterest income from contracts with customers (ASC 606) | 1 | 1 | 1 | 2 |
Other noninterest income (Non-ASC 606 customer related) | 0 | 0 | 1 | 0 |
Total customer-related fees | 1 | 1 | 2 | 2 |
Other non-interest income (non-customer related) | 0 | 0 | 0 | 0 |
Total noninterest income | 1 | 1 | 2 | 2 |
Other real estate owned gain from sale | 0 | 0 | 0 | 0 |
Net interest income | 13 | 14 | 25 | 27 |
Total income less interest expense | 14 | 15 | 27 | 29 |
Corporate and Other [Member] | ||||
Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
Commercial account fees | 30 | 30 | 61 | 60 |
Card fees | 25 | 32 | 55 | 62 |
Retail and business banking fees | 15 | 20 | 33 | 38 |
Capital markets and foreign exchange fees | 3 | 2 | 6 | 5 |
Wealth management and trust fees | 15 | 14 | 30 | 27 |
Other customer-related fees | 6 | 5 | 11 | 9 |
Total noninterest income from contracts with customers (ASC 606) | 94 | 103 | 196 | 201 |
Other noninterest income (Non-ASC 606 customer related) | 36 | 27 | 75 | 51 |
Total customer-related fees | 130 | 130 | 271 | 252 |
Other non-interest income (non-customer related) | (13) | 2 | (21) | 12 |
Total noninterest income | 117 | 132 | 250 | 264 |
Other real estate owned gain from sale | 0 | 0 | 0 | 2 |
Net interest income | 563 | 569 | 1,111 | 1,145 |
Total income less interest expense | $ 680 | $ 701 | $ 1,361 | $ 1,411 |
Retirement Plans (Schedule Of N
Retirement Plans (Schedule Of Net Periodic Benefit Cost (Credit) For Pension And Postretirement Plans) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Defined Benefit Plan [Abstract] | ||||
Interest cost | $ 0 | $ 1 | $ 2 | $ 3 |
Expected return on plan assets | (1) | (2) | (3) | (4) |
Pension termination-related expense | 28 | 0 | 28 | 0 |
Amortization of net actuarial loss | 0 | 1 | 0 | 1 |
Net periodic cost | $ 27 | $ 0 | $ 27 | $ 0 |
Retirement Plans (Narrative) (D
Retirement Plans (Narrative) (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Defined Benefit Plan [Abstract] | ||||
Pension termination expense | $ 28 | $ 0 | $ 28 | $ 0 |
Loss reclassified from accumulated other comprehensive income | 17 | |||
Pre-tax decrease in stockholders' equity | $ 11 |
Income Taxes (Details)
Income Taxes (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | Dec. 31, 2019 | |
Income Tax Disclosure [Abstract] | |||||
Effective income tax rate | 19.50% | 22.70% | 18.40% | 22.50% | |
Deferred tax assets | $ 22 | $ 22 | $ 37 |
Net Earnings Per Common Share -
Net Earnings Per Common Share - Basic and diluted net earnings per common share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Basic: | ||||
Net income | $ 66 | $ 198 | $ 80 | $ 411 |
Less common and preferred dividends | 66 | 63 | 130 | 127 |
Undistributed earnings | 0 | 135 | (50) | 284 |
Less undistributed earnings applicable to nonvested shares | 0 | 1 | 0 | 2 |
Undistributed earnings applicable to common shares | 0 | 134 | (50) | 282 |
Distributed earnings applicable to common shares | 56 | 54 | 112 | 110 |
Total earnings applicable to common shares | $ 56 | $ 188 | $ 62 | $ 392 |
Weighted average common shares outstanding (in shares) | 163,542 | 179,156 | 163,843 | 181,946 |
Net earnings per common share (in dollars per share) | $ 0.34 | $ 1.05 | $ 0.38 | $ 2.15 |
Diluted: | ||||
Dilutive effect of common stock warrants (in shares) | 723 | 9,318 | 4,012 | 9,587 |
Dilutive effect of stock options (in shares) | 160 | 624 | 277 | 673 |
Weighted average diluted common shares outstanding (in shares) | 164,425 | 189,098 | 168,132 | 192,206 |
Net earnings per common share (in dollars per share) | $ 0.34 | $ 0.99 | $ 0.37 | $ 2.04 |
Net Earnings Per Common Share_2
Net Earnings Per Common Share - Stock awards that were anti-dilutive (Details) - shares shares in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | |
Restricted Stock Units (RSUs) [Member] | ||||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||||
Antidilutive securities excluded from computation of earnings per share (in shares) | 1,321 | 1,446 | 1,357 | 1,435 |
Stock Options [Member] | ||||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||||
Antidilutive securities excluded from computation of earnings per share (in shares) | 938 | 492 | 855 | 411 |
Operating Segment Information_2
Operating Segment Information (Details) $ in Millions | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2020USD ($)branch | Jun. 30, 2019USD ($) | Jun. 30, 2020USD ($)branchsegment | Jun. 30, 2019USD ($) | |
Segment Reporting Information [Line Items] | ||||
Number of operating segments | segment | 7 | |||
Number of branches | branch | 421 | 421 | ||
Net interest income | $ 563 | $ 569 | $ 1,111 | $ 1,145 |
Provision for credit losses | 168 | 21 | 426 | 25 |
Net interest income after provision for credit losses | 395 | 548 | 685 | 1,120 |
Noninterest income | 117 | 132 | 250 | 264 |
Total noninterest expense | 430 | 424 | 837 | 854 |
Income before income taxes | 82 | 256 | 98 | 530 |
Total average loans | 54,268 | 48,324 | 51,532 | 47,750 |
Total average deposits | 63,000 | 54,347 | 59,954 | 54,133 |
Other [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Net interest income | 30 | (13) | 50 | (14) |
Provision for credit losses | (3) | (1) | 1 | 0 |
Net interest income after provision for credit losses | 33 | (12) | 49 | (14) |
Noninterest income | 0 | 9 | 3 | 28 |
Total noninterest expense | 65 | 29 | 98 | 63 |
Income before income taxes | (32) | (32) | (46) | (49) |
Total average loans | 561 | 440 | 563 | 412 |
Total average deposits | 2,410 | 3,051 | 2,814 | 2,946 |
Zions Bank [Member] | Operating Segments [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Net interest income | 156 | 175 | 314 | 351 |
Provision for credit losses | 40 | 16 | 94 | 26 |
Net interest income after provision for credit losses | 116 | 159 | 220 | 325 |
Noninterest income | 38 | 38 | 76 | 71 |
Total noninterest expense | 111 | 120 | 221 | 237 |
Income before income taxes | 43 | 77 | 75 | 159 |
Total average loans | 14,222 | 13,067 | 13,611 | 13,004 |
Total average deposits | 17,977 | 15,205 | 16,953 | 15,238 |
Amegy Corporation [Member] | Operating Segments [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Net interest income | 120 | 127 | 237 | 252 |
Provision for credit losses | 25 | (8) | 127 | (23) |
Net interest income after provision for credit losses | 95 | 135 | 110 | 275 |
Noninterest income | 31 | 34 | 67 | 68 |
Total noninterest expense | 79 | 86 | 161 | 174 |
Income before income taxes | 47 | 83 | 16 | 169 |
Total average loans | 13,570 | 12,254 | 12,984 | 12,058 |
Total average deposits | 13,023 | 11,361 | 12,344 | 11,401 |
California Bank And Trust [Member] | Operating Segments [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Net interest income | 123 | 134 | 245 | 267 |
Provision for credit losses | 46 | 9 | 84 | 12 |
Net interest income after provision for credit losses | 77 | 125 | 161 | 255 |
Noninterest income | 19 | 22 | 44 | 41 |
Total noninterest expense | 74 | 82 | 151 | 164 |
Income before income taxes | 22 | 65 | 54 | 132 |
Total average loans | 12,524 | 10,838 | 11,773 | 10,707 |
Total average deposits | 13,522 | 11,412 | 12,825 | 11,328 |
National Bank Of Arizona [Member] | Operating Segments [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Net interest income | 53 | 59 | 105 | 117 |
Provision for credit losses | 16 | 2 | 35 | 4 |
Net interest income after provision for credit losses | 37 | 57 | 70 | 113 |
Noninterest income | 10 | 11 | 21 | 21 |
Total noninterest expense | 35 | 38 | 72 | 78 |
Income before income taxes | 12 | 30 | 19 | 56 |
Total average loans | 5,247 | 4,847 | 4,991 | 4,798 |
Total average deposits | 5,722 | 5,048 | 5,413 | 4,972 |
Nevada State Bank [Member] | Operating Segments [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Net interest income | 35 | 38 | 70 | 76 |
Provision for credit losses | 40 | 0 | 52 | (1) |
Net interest income after provision for credit losses | (5) | 38 | 18 | 77 |
Noninterest income | 10 | 11 | 21 | 21 |
Total noninterest expense | 34 | 37 | 70 | 73 |
Income before income taxes | (29) | 12 | (31) | 25 |
Total average loans | 3,169 | 2,570 | 2,942 | 2,535 |
Total average deposits | 5,402 | 4,406 | 5,115 | 4,368 |
Vectra Bank Colorado [Member] | Operating Segments [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Net interest income | 33 | 35 | 65 | 69 |
Provision for credit losses | (1) | 1 | 23 | 5 |
Net interest income after provision for credit losses | 34 | 34 | 42 | 64 |
Noninterest income | 8 | 6 | 16 | 12 |
Total noninterest expense | 27 | 27 | 53 | 54 |
Income before income taxes | 15 | 13 | 5 | 22 |
Total average loans | 3,490 | 3,105 | 3,296 | 3,080 |
Total average deposits | 3,662 | 2,811 | 3,325 | 2,816 |
Commerce Bank Of Washington [Member] | Operating Segments [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Net interest income | 13 | 14 | 25 | 27 |
Provision for credit losses | 5 | 2 | 10 | 2 |
Net interest income after provision for credit losses | 8 | 12 | 15 | 25 |
Noninterest income | 1 | 1 | 2 | 2 |
Total noninterest expense | 5 | 5 | 11 | 11 |
Income before income taxes | 4 | 8 | 6 | 16 |
Total average loans | 1,485 | 1,203 | 1,372 | 1,156 |
Total average deposits | $ 1,282 | $ 1,053 | $ 1,165 | $ 1,064 |
Utah [Member] | Zions Bank [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 95 | 95 | ||
Idaho [Member] | Zions Bank [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 25 | 25 | ||
Wyoming [Member] | Zions Bank [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 1 | 1 | ||
Texas [Member] | Amegy Corporation [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 75 | 75 | ||
California [Member] | California Bank And Trust [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 85 | 85 | ||
Arizona [Member] | National Bank Of Arizona [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 56 | 56 | ||
Nevada [Member] | Nevada State Bank [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 46 | 46 | ||
Colorado [Member] | Vectra Bank Colorado [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 34 | 34 | ||
New Mexico [Member] | Vectra Bank Colorado [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 1 | 1 | ||
Washington [Member] | Commerce Bank Of Washington [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 2 | 2 | ||
Oregon [Member] | Commerce Bank Of Washington [Member] | ||||
Segment Reporting Information [Line Items] | ||||
Number of branches | branch | 1 | 1 |