v3.26.1
CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Cash and due from banks $ 827 $ 762
Interest bearing deposits with banks 23,893 23,148
Federal funds sold and securities purchased under agreements to resell 4,457 9,252
Trading assets (includes $4.3 billion and $3.5 billion pledged to creditors) 27,731 22,757
Securities available-for-sale (amortized cost of $34.5 billion and $31.7 billion, and includes $0.4 billion and $0.0 billion pledged to creditors) 32,817 30,030
Securities held-to-maturity (fair value of $20.1 billion and $18.1 billion) 20,489 18,293
Loans 62,103 59,894
Less – allowance for credit losses 423 442
Loans, net 61,680 59,452
Loans held for sale (includes $0.8 billion and $0.6 billion designated under fair value option) 1,305 1,925
Properties and equipment, net 75 72
Goodwill 458 458
Other assets (includes $0.1 billion and $0.0 billion designated under fair value option) 6,976 6,261
Total assets 180,708 172,410
Domestic deposits:    
Noninterest bearing 26,380 20,066
Interest bearing (includes $3.8 billion and $3.6 billion designated under fair value option) 94,020 95,707
Foreign deposits - interest bearing 6,413 8,324
Total deposits 126,813 124,097
Short-term borrowings 9,082 7,289
Long-term debt (includes $8.7 billion and $8.3 billion designated under fair value option) 25,305 23,026
Total debt 161,200 154,412
Trading liabilities 2,994 2,355
Interest, taxes and other liabilities (includes $0.1 billion and $0.0 billion designated under fair value option) 3,757 3,204
Total liabilities 167,951 159,971
Equity    
Preferred stock (no par value; 40,999,000 shares authorized; 265 shares issued and outstanding) 265 265
Common equity:    
Common stock ($5 par value; 150,000,000 shares authorized; 714 shares issued and outstanding) 0 0
Additional paid-in capital 12,685 12,701
Retained earnings 1,225 852
Accumulated other comprehensive loss (1,418) (1,379)
Total common equity 12,492 12,174
Total equity 12,757 12,439
Total liabilities and equity $ 180,708 $ 172,410