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1.0.0.3 false Interest income and Interest expense false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDEPS Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 Interest income and Interest expense [Abstract] 0 us-gaap_InterestIncomeExpenseNetAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 Interest income and Interest expense 1 us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0   <div style="font-family: Helvetica,Arial,sans-serif"> <div style="position: relative"> <div align="left" style="font-size: 12pt; margin-top: 6pt"><b>Note 7 – Interest income and Interest expense</b> </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">Details of interest income and interest expense were as follows. </div> <div align="center"> <table style="font-size: 8pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">  <tr valign="bottom"> <td width="58%"> </td> <td width="7%"> </td> <td width="3%"> </td> <td width="1%"> </td> <td width="3%"> </td> <td width="7%"> </td> <td width="3%"> </td> <td width="1%"> </td> <td width="3%"> </td> <td width="7%"> </td> <td width="3%"> </td> <td width="1%"> </td> <td width="3%"> </td> </tr> <tr style="font-size: 8pt" valign="bottom"> <td nowrap="nowrap" align="left">Year ended December 31, (in millions)</td> <td> </td> <td nowrap="nowrap" align="right" colspan="2"><b>2009</b></td> <td> </td> <td> </td> <td nowrap="nowrap" align="right" colspan="2">2008</td> <td> </td> <td> </td> <td nowrap="nowrap" align="right" colspan="2">2007</td> <td> </td> </tr>   <tr style="font-size: 1px"> <td colspan="12" align="left" style="border-top: 1px solid #000000"> </td> </tr> <tr style="font-size: 4pt" valign="bottom"> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><b>Interest income</b><sup style="font-size: 85%; vertical-align: text-top">(a)</sup> </div></td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Loans </div></td> <td> </td> <td align="left"><b>$</b></td> <td align="right"><b>38,704</b></td> <td> </td> <td> </td> <td align="left">$</td> <td align="right">38,347</td> <td> </td> <td> </td> <td align="left">$</td> <td align="right">36,660</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Securities </div></td> <td> </td> <td> </td> <td align="right"><b>12,377</b></td> <td> </td> <td> </td> <td> </td> <td align="right">6,344</td> <td> </td> <td> </td> <td> </td> <td align="right">5,232</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Trading assets </div></td> <td> </td> <td> </td> <td align="right"><b>12,098</b></td> <td> </td> <td> </td> <td> </td> <td align="right">17,236</td> <td> </td> <td> </td> <td> </td> <td align="right">17,041</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Federal funds sold and securities purchased under resale agreements </div></td> <td> </td> <td> </td> <td align="right"><b>1,750</b></td> <td> </td> <td> </td> <td> </td> <td align="right">5,983</td> <td> </td> <td> </td> <td> </td> <td align="right">6,497</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Securities borrowed </div></td> <td> </td> <td> </td> <td align="right"><b>4</b></td> <td> </td> <td> </td> <td> </td> <td align="right">2,297</td> <td> </td> <td> </td> <td> </td> <td align="right">4,539</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Deposits with banks </div></td> <td> </td> <td> </td> <td align="right"><b>938</b></td> <td> </td> <td> </td> <td> </td> <td align="right">1,916</td> <td> </td> <td> </td> <td> </td> <td align="right">1,418</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Other assets<sup style="font-size: 85%; vertical-align: text-top">(b)</sup> </div></td> <td> </td> <td> </td> <td align="right"><b>479</b></td> <td> </td> <td> </td> <td> </td> <td align="right">895</td> <td> </td> <td> </td> <td> </td> <td align="right">—</td> <td> </td> </tr> <tr style="font-size: 1px"> <td colspan="12" align="left" style="border-top: 1px solid #000000"> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><b>Total interest income</b> </div></td> <td> </td> <td> </td> <td align="right"><b>66,350</b></td> <td> </td> <td> </td> <td> </td> <td align="right">73,018</td> <td> </td> <td> </td> <td> </td> <td align="right">71,387</td> <td> </td> </tr> <tr style="font-size: 1px"> <td colspan="12" align="left" style="border-top: 1px solid #000000"> </td> </tr> <tr style="font-size: 4pt" valign="bottom"> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><b>Interest expense</b><sup style="font-size: 85%; vertical-align: text-top">(a)</sup> </div></td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Interest-bearing deposits </div></td> <td> </td> <td> </td> <td align="right"><b>4,826</b></td> <td> </td> <td> </td> <td> </td> <td align="right">14,546</td> <td> </td> <td> </td> <td> </td> <td align="right">21,653</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Short-term and other liabilities<sup style="font-size: 85%; vertical-align: text-top">(c)</sup> </div></td> <td> </td> <td> </td> <td align="right"><b>3,845</b></td> <td> </td> <td> </td> <td> </td> <td align="right">10,933</td> <td> </td> <td> </td> <td> </td> <td align="right">16,142</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Long-term debt </div></td> <td> </td> <td> </td> <td align="right"><b>6,309</b></td> <td> </td> <td> </td> <td> </td> <td align="right">8,355</td> <td> </td> <td> </td> <td> </td> <td align="right">6,606</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Beneficial interests issued by consolidated VIEs </div></td> <td> </td> <td> </td> <td align="right"><b>218</b></td> <td> </td> <td> </td> <td> </td> <td align="right">405</td> <td> </td> <td> </td> <td> </td> <td align="right">580</td> <td> </td> </tr> <tr style="font-size: 1px"> <td colspan="12" align="left" style="border-top: 1px solid #000000"> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><b>Total interest expense</b> </div></td> <td> </td> <td> </td> <td align="right"><b>15,198</b></td> <td> </td> <td> </td> <td> </td> <td align="right">34,239</td> <td> </td> <td> </td> <td> </td> <td align="right">44,981</td> <td> </td> </tr> <tr style="font-size: 1px"> <td colspan="12" align="left" style="border-top: 1px solid #000000"> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><b>Net interest income</b> </div></td> <td> </td> <td align="left"><b>$</b></td> <td align="right"><b>51,152</b></td> <td> </td> <td> </td> <td align="left">$</td> <td align="right">38,779</td> <td> </td> <td> </td> <td align="left">$</td> <td align="right">26,406</td> <td> </td> </tr> <tr style="font-size: 1px"> <td colspan="12" align="left" style="border-top: 1px solid #000000"> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Provision for credit losses </div></td> <td> </td> <td> </td> <td align="right"><b>32,015</b></td> <td> </td> <td> </td> <td> </td> <td align="right">19,445</td> <td> </td> <td> </td> <td> </td> <td align="right">6,864</td> <td> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px">Provision for credit losses – accounting conformity<sup style="font-size: 85%; vertical-align: text-top">(d)</sup> </div></td> <td> </td> <td> </td> <td align="right"><b>—</b></td> <td> </td> <td> </td> <td> </td> <td align="right">1,534</td> <td> </td> <td> </td> <td> </td> <td align="right">—</td> <td> </td> </tr> <tr style="font-size: 1px"> <td colspan="12" align="left" style="border-top: 1px solid #000000"> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><b>Total provision for credit losses</b> </div></td> <td> </td> <td align="left"><b>$</b></td> <td align="right"><b>32,015</b></td> <td> </td> <td> </td> <td align="left">$</td> <td align="right">20,979</td> <td> </td> <td> </td> <td align="left">$</td> <td align="right">6,864</td> <td> </td> </tr> <tr style="font-size: 1px"> <td colspan="12" align="left" style="border-top: 2px solid #000000"> </td> </tr> <tr valign="bottom"> <td> <div style="margin-left:15px; text-indent:-15px"><b>Net interest income after provision for credit losses</b> </div></td> <td> </td> <td align="left"><b>$</b></td> <td align="right"><b>19,137</b></td> <td> </td> <td> </td> <td align="left">$</td> <td align="right">17,800</td> <td> </td> <td> </td> <td align="left">$</td> <td align="right">19,542</td> <td> </td> </tr> <tr style="font-size: 1px"> <td colspan="12" align="left" style="border-top: 2px solid #000000"> </td> </tr>  </table> </div> <div style="margin-top: 3pt"> <table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 8pt; text-align: left"> <tr> <td width="3%"></td> <td width="1%"></td> <td width="96"></td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left">(a)</td> <td> </td> <td>Interest income and interest expense include the current-period interest accruals for financial instruments measured at fair value, except for financial instruments containing embedded derivatives that would be separately accounted for in accordance with U.S. GAAP absent the fair value option election; for those instruments, all changes in fair value, including any interest elements, are reported in principal transactions revenue.</td> </tr> <tr style="font-size: 0pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left">(b)</td> <td> </td> <td>Predominantly margin loans.</td> </tr> <tr style="font-size: 0pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left">(c)</td> <td> </td> <td>Includes brokerage customer payables.</td> </tr> <tr style="font-size: 0pt"> <td> </td> </tr> <tr valign="top"> <td nowrap="nowrap" align="left">(d)</td> <td> </td> <td>2008 includes an accounting conformity loan loss reserve provision related to the acquisition of Washington Mutual’s banking operations.</td> </tr> </table> </div> </div> </div>  <!-- Begin Block Tagged Note false false No definition available. 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