v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks (restricted cash of $3 and $4) $ 648 $ 511
Interest-bearing cash and temporary investments (restricted cash of $13 and $12) 1,121 1,869
Total cash and cash equivalents 1,769 2,380
Investment securities    
Equity and other, at fair value 126 113
Available for sale, at fair value 11,131 11,112
Held to maturity, at amortized cost 17 18
Loans held for sale 61 262
Loans and leases 47,166 47,776
Allowance for credit losses on loans and leases (458) (466)
Net loans and leases 46,708 47,310
Restricted equity securities 207 159
Premises and equipment, net 424 422
Goodwill 1,482 1,482
Other intangible assets, net 633 712
Bank-owned life insurance 1,227 1,218
Other assets 1,595 1,644
Total assets 65,380 66,832
Deposits    
Non-interest-bearing 17,218 17,419
Interest-bearing 34,838 36,792
Total deposits 52,056 54,211
Securities sold under agreements to repurchase 189 207
Borrowings 4,250 3,200
Junior subordinated debentures, at fair value 339 338
Junior and other subordinated debentures, at amortized cost 97 97
Other liabilities 897 939
Total liabilities 57,828 58,992
COMMITMENTS AND CONTINGENCIES (Note 8)
SHAREHOLDERS' EQUITY    
Preferred stock, no par value, shares authorized: 2,000, issued and outstanding: 0 0 0
Common stock, no par value, shares authorized in 2026 and 2025: 520,000; issued and outstanding: 282,817 in 2026 and 295,422 in 2025 7,702 8,099
Retained earnings (accumulated deficit) 160 (26)
Accumulated other comprehensive loss (310) (233)
Total shareholders' equity 7,552 7,840
Total liabilities and shareholders' equity $ 65,380 $ 66,832