| Schedule Of Financial Information By Reportable Segment |
The following tables present financial information, including non-interest income disaggregated by major product category, for each reportable segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2025 | | Corporate Bank | | Consumer Bank | | Wealth Management | | Other | | Consolidated | | | | | | | (In millions) | | | | | | Net interest income | $ | 441 | | | $ | 710 | | | $ | 43 | | | $ | — | | | $ | 1,194 | | | | | | | Provision for credit losses | 86 | | | 67 | | | 2 | | | (31) | | | 124 | | | | | | | Non-interest income (loss): | | | | | | | | | | | | | | | Service charges on deposit accounts | 64 | | | 96 | | | 1 | | | — | | | 161 | | | | | | | Card and ATM fees | 11 | | | 106 | | | — | | | — | | | 117 | | | | | | | Investment management and trust fee income | — | | | — | | | 86 | | | — | | | 86 | | | | | | | Capital markets income | 79 | | | — | | | 1 | | | — | | | 80 | | | | | | | Mortgage income | — | | | 40 | | | — | | | — | | | 40 | | | | | | | Investment services fee income | — | | | — | | | 43 | | | — | | | 43 | | | | | | | Commercial credit fee income | 27 | | | — | | | — | | | — | | | 27 | | | | | | | Bank-owned life insurance | — | | | — | | | — | | | 23 | | | 23 | | | | | | | Securities gains (losses), net | — | | | — | | | — | | | (25) | | | (25) | | | | | | Market value adjustments on employee benefit assets | — | | | — | | | — | | | (3) | | | (3) | | | | | | | Other miscellaneous income | 42 | | | 19 | | | 1 | | | (21) | | | 41 | | | | | | Total non-interest income (loss) | 223 | | | 261 | | | 132 | | | (26) | | | 590 | | | | | | Non-interest expense: | | | | | | | | | | | | | | | Salaries and employee benefits | 145 | | | 179 | | | 70 | | | 231 | | | 625 | | | | | | | Equipment and software expense | 4 | | | 24 | | | 1 | | | 70 | | | 99 | | | | | | | Net occupancy expense | 7 | | | 53 | | | 3 | | | 7 | | | 70 | | | | | | Other expenses (1) | 154 | | | 340 | | | 45 | | | (294) | | | 245 | | | | | | Total non-interest expense | 310 | | | 596 | | | 119 | | | 14 | | | 1,039 | | | | | | Income (loss) before income taxes | 268 | | | 308 | | | 54 | | | (9) | | | 621 | | | | | | | Income tax expense (benefit) | 67 | | | 77 | | | 13 | | | (26) | | | 131 | | | | | | Net income | $ | 201 | | | $ | 231 | | | $ | 41 | | | $ | 17 | | | $ | 490 | | | | | | | Average assets | $ | 69,289 | | | $ | 37,667 | | | $ | 2,133 | | | $ | 47,787 | | | $ | 156,876 | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2024 | | | Corporate Bank | | Consumer Bank | | Wealth Management | | Other | | | | | | Consolidated | | | | | (In millions) | | Net interest income | $ | 452 | | | $ | 692 | | | $ | 40 | | | $ | — | | | | | | | $ | 1,184 | | | Provision for (benefit from) credit losses | 91 | | | 68 | | | 2 | | | (9) | | | | | | | $ | 152 | | | Non-interest income (loss): | | | | | | | | | | | | | | | Service charges on deposit accounts | 55 | | | 92 | | | 1 | | | — | | | | | | | 148 | | | Card and ATM fees | 11 | | | 105 | | | — | | | — | | | | | | | 116 | | | Investment management and trust fee income | — | | | — | | | 81 | | | — | | | | | | | 81 | | | Capital markets income | 91 | | | — | | | — | | | — | | | | | | | 91 | | | Mortgage income | — | | | 41 | | | — | | | — | | | | | | | 41 | | | Investment services fee income | — | | | — | | | 38 | | | — | | | | | | | 38 | | | Commercial credit fee income | 27 | | | — | | | — | | | — | | | | | | | 27 | | | Bank-owned life insurance | — | | | — | | | — | | | 23 | | | | | | | 23 | | | Securities gains (losses), net | — | | | — | | | — | | | (50) | | | | | | | (50) | | Market value adjustments on employee benefit assets | — | | | — | | | — | | | 15 | | | | | | | 15 | | | Other miscellaneous income | 35 | | | 19 | | | — | | | (21) | | | | | | | 33 | | Total non-interest income (loss) | 219 | | | 257 | | | 120 | | | (33) | | | | | | | 563 | | Non-interest expense: | | | | | | | | | | | | | | | Salaries and employee benefits | 150 | | | 184 | | | 66 | | | 258 | | | | | | | 658 | | | Equipment and software expense | 4 | | | 26 | | | 1 | | | 70 | | | | | | | 101 | | | Net occupancy expense | 7 | | | 56 | | | 3 | | | 8 | | | | | | | 74 | | Other expenses (1) | 163 | | | 361 | | | 42 | | | (268) | | | | | | | 298 | | Total non-interest expense | 324 | | | 627 | | | 112 | | | 68 | | | | | | | 1,131 | | Income (loss) before income taxes | 256 | | | 254 | | | 46 | | | (92) | | | | | | | 464 | | | Income tax expense (benefit) | 64 | | | 64 | | | 11 | | | (43) | | | | | | | 96 | | | Net income (loss) | $ | 192 | | | $ | 190 | | | $ | 35 | | | $ | (49) | | | | | | | $ | 368 | | | Average assets | $ | 68,941 | | | $ | 38,035 | | | $ | 2,035 | | | $ | 42,433 | | | | | | | $ | 151,444 | |
(1) Other miscellaneous expenses are primarily comprised of outside services, marketing, professional, legal and regulatory expenses, credit and checkcard expenses, and FDIC insurance assessment fees.
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