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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/26/10 Bank of America Corp/DE 10-K 12/31/09 67:20M Donnelley … Solutions/FA |
Document/Exhibit Description Pages Size
1: 10-K Annual Report HTML 5.23M
2: EX-3.A Amended and Restated Certificate of Incorporation HTML 1.17M
14: EX-10.AAA Merrill Lynch & Co., Inc. Long-Term Incentive HTML 167K
Compensation Plan
15: EX-10.BBB Employment Letter Dated May 1, 2008 HTML 96K
3: EX-10.C Bank of America Pension Restoration Plan HTML 29K
4: EX-10.E Bank of America 401(K) Restoration Plan HTML 25K
5: EX-10.I Bank of America Corporation 2003 Key Associate HTML 126K
Stock Plan
16: EX-10.III Letter Agreement Dated December 9, 2009, Amending HTML 35K
January 9, 2009 Agreement
17: EX-10.JJJ Letter Agreement Dated December 9, 2009, Amending HTML 34K
January 15, 2009 Agreement
6: EX-10.P Retirement Income Assurance Plan for Legacy Fleet HTML 174K
7: EX-10.QQ Merrill Lynch & Co., Inc. Employee Stock HTML 64K
Compensation Plan
8: EX-10.UU Forms of Stock Agreements for Salary Stock Units HTML 112K
9: EX-10.VV Boatmen's Supplemental Retirement Plan HTML 38K
10: EX-10.WW Employment Agreement Dated January 30, 1996 HTML 82K
11: EX-10.XX Employment Agreement Dated September 26, 1996 HTML 27K
12: EX-10.YY Employment Letter Dated May 7, 2001 HTML 22K
13: EX-10.ZZ Equity Incentive Plan Amended & Restated Effective HTML 62K
as of January 1, 2008
19: EX-21 List of Subsidiaries HTML 704K
20: EX-23 Consent of Pricewaterhousecoopers LLP HTML 25K
21: EX-24.A Power of Attorney HTML 33K
22: EX-24.B Corporate Resolution HTML 21K
18: EX-12 Ratio of Earnings to Fixed Charges HTML 54K
23: EX-31.A Certification of the CEO Pursuant to Section 302 HTML 26K
24: EX-31.B Certification of the CFO Pursuant to Section 302 HTML 26K
25: EX-32.A Certification of the CEO Pursuant to 18 U.S.C. HTML 21K
Section 1350
26: EX-32.B Certification of the CFO Pursuant to 18 U.S.C. HTML 21K
Section 1350
57: XML IDEA XML File -- Definitions and References XML 151K
63: XML IDEA XML File -- Filing Summary XML 78K
61: XML.R1 Statement Of Income Interest Based Revenue XML 471K
62: XML.R2 Statement Of Financial Position Unclassified - XML 310K
Deposit Based Operations
44: XML.R3 Statement Of Financial Position Unclassified - XML 187K
Deposit Based Operations (Parenthetical)
49: XML.R4 Statement Of Shareholders Equity And Other XML 914K
Comprehensive Income
55: XML.R5 Statement Of Cash Flows Indirect Deposit Based XML 424K
Operations
54: XML.R6 Summary of Significant Accounting Principles XML 122K
66: XML.R7 Merger and Restructuring Activity XML 116K
38: XML.R8 Trading Account Assets and Liabilities XML 44K
53: XML.R9 Derivatives XML 372K
36: XML.R10 Securities XML 286K
35: XML.R11 Outstanding Loans and Leases XML 94K
43: XML.R12 Allowance for Credit Losses XML 59K
59: XML.R13 Securitizations XML 155K
45: XML.R14 Variable Interest Entities XML 160K
46: XML.R15 Goodwill and Intangible Assets XML 57K
51: XML.R16 Deposits XML 47K
67: XML.R17 Short-term Borrowings XML 70K
41: XML.R18 Long-term Debt XML 242K
33: XML.R19 Commitments and Contingencies XML 196K
48: XML.R20 Shareholders' Equity and Earnings Per Common Share XML 227K
58: XML.R21 Regulatory Requirements and Restrictions XML 75K
39: XML.R22 Employee Benefit Plans XML 351K
56: XML.R23 Stock-Based Compensation Plans XML 66K
47: XML.R24 Income Taxes XML 169K
65: XML.R25 Fair Value Measurements XML 615K
60: XML.R26 Fair Value of Financial Instruments XML 49K
50: XML.R27 Mortgage Servicing Rights XML 69K
52: XML.R28 Business Segment Information XML 364K
34: XML.R29 Parent Company Information XML 120K
37: XML.R30 Performance by Geographical Area XML 73K
40: XML.R31 Document Information XML 40K
42: XML.R32 Entity Information XML 109K
64: EXCEL IDEA Workbook of Financial Reports (.xls) XLS 210K
27: EX-101.INS XBRL Instance -- bac-20091231 XML 3.79M
29: EX-101.CAL XBRL Calculations -- bac-20091231_cal XML 194K
30: EX-101.DEF XBRL Definitions -- bac-20091231_def XML 426K
31: EX-101.LAB XBRL Labels -- bac-20091231_lab XML 477K
32: EX-101.PRE XBRL Presentations -- bac-20091231_pre XML 519K
28: EX-101.SCH XBRL Schema -- bac-20091231 XSD 94K
| <?xml version="1.0" standalone="yes" encoding="windows-1252"?> | |||||||||||||||||||||
| <!-- EDGAR Online I-Metrix Xcelerate Instance Document, based on XBRL 2.1 http://www.edgar-online.com/ --> | |||||||||||||||||||||
| <!-- Version: 6.3.11 --> | |||||||||||||||||||||
| <!-- Round: 680fd6de-97b0-4369-8943-d52ef13a2256 --> | |||||||||||||||||||||
| <!-- Creation date: 2010-02-26T08:39Z --> | |||||||||||||||||||||
| <!-- Copyright (c) 2005-2010 EDGAR Online, Inc. All Rights Reserved. --> | |||||||||||||||||||||
| <xbrl xmlns="http://www.xbrl.org/2003/instance" xmlns:xbrll="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:bac="http://www.bankofamerica.com/20091231" xmlns:dei="http://xbrl.us/dei/2009-01-31" xmlns:dei-ent="http://xbrl.us/dei-ent/2009-01-31" xmlns:dei-std="http://xbrl.us/dei-std/2009-01-31" xmlns:negated="http://xbrl.us/us-gaap/negated/2008-03-31" xmlns:us-gaap="http://xbrl.us/us-gaap/2009-01-31" xmlns:us-gaap-ent="http://xbrl.us/us-gaap-ent/2009-01-31" xmlns:us-roles="http://xbrl.us/us-roles/2009-01-31" xmlns:us-types="http://xbrl.us/us-types/2009-01-31" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt"> | |||||||||||||||||||||
| <xbrll:schemaRef xlink:type="simple" xlink:arcrole="http://www.xbrl.org/2003/linkbase" xlink:href="bac-20091231.xsd" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrll="http://www.xbrl.org/2003/linkbase"/> | |||||||||||||||||||||
| <dei:EntityCommonStockSharesOutstanding contextRef="eol_PE15519---0910-K0014_STD_0_20100224_0" unitRef="shares" decimals="0"> 10032005453 </dei:EntityCommonStockSharesOutstanding> | |||||||||||||||||||||
| <dei:EntityPublicFloat contextRef="eol_PE15519---0910-K0014_STD_0_20090630_0" unitRef="iso4217_USD" decimals="0"> 114282338121 </dei:EntityPublicFloat> | |||||||||||||||||||||
| <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="eol_PE15519---0910-K0014_STD_0_20061231_0" unitRef="iso4217_USD" decimals="-6"> 36429000000 </us-gaap:CashAndCashEquivalentsAtCarryingValue> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20061231_0" unitRef="iso4217_USD" decimals="-6"> 135272000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20061231_0_411810x400328" unitRef="iso4217_USD" decimals="-6"> -7711000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20061231_0_411810x401098" unitRef="iso4217_USD" decimals="-6"> 61574000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:SharesIssued contextRef="eol_PE15519---0910-K0014_STD_0_20061231_0_411810x401105" unitRef="shares" decimals="-3"> 4458151000 </us-gaap:SharesIssued> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20061231_0_411810x409057" unitRef="iso4217_USD" decimals="-6"> 2851000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20061231_0_411810x410600" unitRef="iso4217_USD" decimals="-6"> 79024000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20061231_0_411810x414931" unitRef="iso4217_USD" decimals="-6"> -466000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="eol_PE15519---0910-K0014_STD_0_20071231_0" unitRef="iso4217_USD" decimals="-6"> 42531000000 </us-gaap:CashAndCashEquivalentsAtCarryingValue> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20071231_0" unitRef="iso4217_USD" decimals="-6"> 146803000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x400328" unitRef="iso4217_USD" decimals="-6"> 1129000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x401098" unitRef="iso4217_USD" decimals="-6"> 60328000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:SharesIssued contextRef="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x401105" unitRef="shares" decimals="-3"> 4437885000 </us-gaap:SharesIssued> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x409057" unitRef="iso4217_USD" decimals="-6"> 4409000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x410600" unitRef="iso4217_USD" decimals="-6"> 81393000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x414931" unitRef="iso4217_USD" decimals="-6"> -456000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 276904000000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities> | |||||||||||||||||||||
| <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 32857000000 </us-gaap:CashAndCashEquivalentsAtCarryingValue> | |||||||||||||||||||||
| <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> -10825000000 </us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax> | |||||||||||||||||||||
| <us-gaap:Assets contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1817943000000 </us-gaap:Assets> | |||||||||||||||||||||
| <us-gaap:CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 76766000000 </us-gaap:CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount> | |||||||||||||||||||||
| <us-gaap:CommonStockParOrStatedValuePerShare contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 0.01 </us-gaap:CommonStockParOrStatedValuePerShare> | |||||||||||||||||||||
| <us-gaap:CommonStockSharesAuthorized contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="shares" decimals="0"> 10000000000 </us-gaap:CommonStockSharesAuthorized> | |||||||||||||||||||||
| <us-gaap:CommonStockSharesIssued contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="shares" decimals="0"> 5017435592 </us-gaap:CommonStockSharesIssued> | |||||||||||||||||||||
| <us-gaap:CommonStockSharesOutstanding contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="shares" decimals="0"> 5017435592 </us-gaap:CommonStockSharesOutstanding> | |||||||||||||||||||||
| <us-gaap:Deposits contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 882997000000 </us-gaap:Deposits> | |||||||||||||||||||||
| <us-gaap:DerivativeAssets contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 62252000000 </us-gaap:DerivativeAssets> | |||||||||||||||||||||
| <us-gaap:DerivativeLiabilities contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 30709000000 </us-gaap:DerivativeLiabilities> | |||||||||||||||||||||
| <us-gaap:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 2330000000 </us-gaap:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:Goodwill contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 81934000000 </us-gaap:Goodwill> | |||||||||||||||||||||
| <us-gaap:HeldToMaturitySecurities contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 685000000 </us-gaap:HeldToMaturitySecurities> | |||||||||||||||||||||
| <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 685000000 </us-gaap:HeldToMaturitySecuritiesFairValue> | |||||||||||||||||||||
| <us-gaap:IntangibleAssetsNetExcludingGoodwill contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 8535000000 </us-gaap:IntangibleAssetsNetExcludingGoodwill> | |||||||||||||||||||||
| <us-gaap:InterestBearingDepositLiabilitiesDomestic contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 576938000000 </us-gaap:InterestBearingDepositLiabilitiesDomestic> | |||||||||||||||||||||
| <us-gaap:InterestBearingDepositLiabilitiesForeign contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 88061000000 </us-gaap:InterestBearingDepositLiabilitiesForeign> | |||||||||||||||||||||
| <us-gaap:InterestBearingDepositsInBanks contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 9570000000 </us-gaap:InterestBearingDepositsInBanks> | |||||||||||||||||||||
| <us-gaap:Liabilities contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1640891000000 </us-gaap:Liabilities> | |||||||||||||||||||||
| <us-gaap:LiabilitiesAndStockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1817943000000 </us-gaap:LiabilitiesAndStockholdersEquity> | |||||||||||||||||||||
| <us-gaap:LoansAndLeasesReceivableAllowance contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 23071000000 </us-gaap:LoansAndLeasesReceivableAllowance> | |||||||||||||||||||||
| <us-gaap:LoansAndLeasesReceivableNetOfDeferredIncome contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 931446000000 </us-gaap:LoansAndLeasesReceivableNetOfDeferredIncome> | |||||||||||||||||||||
| <us-gaap:LoansAndLeasesReceivableNetReportedAmount contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 908375000000 </us-gaap:LoansAndLeasesReceivableNetReportedAmount> | |||||||||||||||||||||
| <us-gaap:LoansHeldForSaleFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 18964000000 </us-gaap:LoansHeldForSaleFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:LoansPledgedAsCollateral contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 166891000000 </us-gaap:LoansPledgedAsCollateral> | |||||||||||||||||||||
| <us-gaap:LoansReceivableFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 5413000000 </us-gaap:LoansReceivableFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:LongTermDebt contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 268292000000 </us-gaap:LongTermDebt> | |||||||||||||||||||||
| <us-gaap:NoninterestBearingDepositLiabilitiesDomestic contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 213994000000 </us-gaap:NoninterestBearingDepositLiabilitiesDomestic> | |||||||||||||||||||||
| <us-gaap:NoninterestBearingDepositLiabilitiesForeign contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 4004000000 </us-gaap:NoninterestBearingDepositLiabilitiesForeign> | |||||||||||||||||||||
| <us-gaap:OtherAssets contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 124759000000 </us-gaap:OtherAssets> | |||||||||||||||||||||
| <us-gaap:OtherAssetsFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 55113000000 </us-gaap:OtherAssetsFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:OtherLiabilities contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 42516000000 </us-gaap:OtherLiabilities> | |||||||||||||||||||||
| <us-gaap:OtherReceivables contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 37608000000 </us-gaap:OtherReceivables> | |||||||||||||||||||||
| <us-gaap:PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 37701000000 </us-gaap:PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount> | |||||||||||||||||||||
| <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 0.01 </us-gaap:PreferredStockParOrStatedValuePerShare> | |||||||||||||||||||||
| <us-gaap:PreferredStockSharesAuthorized contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="shares" decimals="0"> 100000000 </us-gaap:PreferredStockSharesAuthorized> | |||||||||||||||||||||
| <us-gaap:PreferredStockSharesIssued contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="shares" decimals="0"> 8202042 </us-gaap:PreferredStockSharesIssued> | |||||||||||||||||||||
| <us-gaap:PreferredStockSharesOutstanding contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="shares" decimals="0"> 8202042 </us-gaap:PreferredStockSharesOutstanding> | |||||||||||||||||||||
| <us-gaap:PropertyPlantAndEquipmentNet contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 13161000000 </us-gaap:PropertyPlantAndEquipmentNet> | |||||||||||||||||||||
| <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 73823000000 </us-gaap:RetainedEarningsAccumulatedDeficit> | |||||||||||||||||||||
| <us-gaap:ServicingAssetAtFairValueAmount contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 12733000000 </us-gaap:ServicingAssetAtFairValueAmount> | |||||||||||||||||||||
| <us-gaap:ShortTermBorrowings contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 158056000000 </us-gaap:ShortTermBorrowings> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 177052000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:TradingLiabilities contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 51723000000 </us-gaap:TradingLiabilities> | |||||||||||||||||||||
| <us-gaap:TradingSecurities contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 134315000000 </us-gaap:TradingSecurities> | |||||||||||||||||||||
| <us-gaap:TradingSecuritiesPledgedAsCollateral contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 69348000000 </us-gaap:TradingSecuritiesPledgedAsCollateral> | |||||||||||||||||||||
| <bac:OtherEquity contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> -413000000 </bac:OtherEquity> | |||||||||||||||||||||
| <bac:DebtSecurities contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 277589000000 </bac:DebtSecurities> | |||||||||||||||||||||
| <bac:MortgageServicingRights contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 13056000000 </bac:MortgageServicingRights> | |||||||||||||||||||||
| <bac:OtherLiabilitiesFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 7542000000 </bac:OtherLiabilitiesFairValueDisclosure> | |||||||||||||||||||||
| <bac:OtherLiabilitiesReserveForUnfundedLendingCommitments contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 421000000 </bac:OtherLiabilitiesReserveForUnfundedLendingCommitments> | |||||||||||||||||||||
| <bac:InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1717000000 </bac:InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue> | |||||||||||||||||||||
| <bac:ShortTermDebtAtFairValue contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 0 </bac:ShortTermDebtAtFairValue> | |||||||||||||||||||||
| <bac:LongTermDebtAtFairValue contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 0 </bac:LongTermDebtAtFairValue> | |||||||||||||||||||||
| <bac:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 82478000000 </bac:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell> | |||||||||||||||||||||
| <bac:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 82099000000 </bac:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral> | |||||||||||||||||||||
| <bac:AvailableForSaleDebtSecuritiesPledgedAsCollateral contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 158939000000 </bac:AvailableForSaleDebtSecuritiesPledgedAsCollateral> | |||||||||||||||||||||
| <bac:LoansHeldForSaleNet contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 31454000000 </bac:LoansHeldForSaleNet> | |||||||||||||||||||||
| <bac:FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 206598000000 </bac:FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase> | |||||||||||||||||||||
| <bac:FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0" unitRef="iso4217_USD" decimals="-6"> 0 </bac:FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x400328" unitRef="iso4217_USD" decimals="-6"> -10825000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x401098" unitRef="iso4217_USD" decimals="-6"> 76766000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:SharesIssued contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x401105" unitRef="shares" decimals="-3"> 5017436000 </us-gaap:SharesIssued> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x409057" unitRef="iso4217_USD" decimals="-6"> 37701000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x410600" unitRef="iso4217_USD" decimals="-6"> 73823000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x414931" unitRef="iso4217_USD" decimals="-6"> -413000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 301601000000 </us-gaap:AvailableForSaleSecuritiesDebtSecurities> | |||||||||||||||||||||
| <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 121339000000 </us-gaap:CashAndCashEquivalentsAtCarryingValue> | |||||||||||||||||||||
| <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> -5619000000 </us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax> | |||||||||||||||||||||
| <us-gaap:Assets contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2223299000000 </us-gaap:Assets> | |||||||||||||||||||||
| <us-gaap:CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 128734000000 </us-gaap:CommonStockIncludingAdditionalPaidInCapitalNetOfDiscount> | |||||||||||||||||||||
| <us-gaap:CommonStockParOrStatedValuePerShare contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 0.01 </us-gaap:CommonStockParOrStatedValuePerShare> | |||||||||||||||||||||
| <us-gaap:CommonStockSharesAuthorized contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="shares" decimals="0"> 10000000000 </us-gaap:CommonStockSharesAuthorized> | |||||||||||||||||||||
| <us-gaap:CommonStockSharesIssued contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="shares" decimals="0"> 8650243926 </us-gaap:CommonStockSharesIssued> | |||||||||||||||||||||
| <us-gaap:CommonStockSharesOutstanding contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="shares" decimals="0"> 8650243926 </us-gaap:CommonStockSharesOutstanding> | |||||||||||||||||||||
| <us-gaap:Deposits contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 991611000000 </us-gaap:Deposits> | |||||||||||||||||||||
| <us-gaap:DerivativeAssets contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 80689000000 </us-gaap:DerivativeAssets> | |||||||||||||||||||||
| <us-gaap:DerivativeLiabilities contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 43728000000 </us-gaap:DerivativeLiabilities> | |||||||||||||||||||||
| <us-gaap:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 57775000000 </us-gaap:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:Goodwill contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 86314000000 </us-gaap:Goodwill> | |||||||||||||||||||||
| <us-gaap:HeldToMaturitySecurities contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 9840000000 </us-gaap:HeldToMaturitySecurities> | |||||||||||||||||||||
| <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 9684000000 </us-gaap:HeldToMaturitySecuritiesFairValue> | |||||||||||||||||||||
| <us-gaap:IntangibleAssetsNetExcludingGoodwill contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 12026000000 </us-gaap:IntangibleAssetsNetExcludingGoodwill> | |||||||||||||||||||||
| <us-gaap:InterestBearingDepositLiabilitiesDomestic contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 640789000000 </us-gaap:InterestBearingDepositLiabilitiesDomestic> | |||||||||||||||||||||
| <us-gaap:InterestBearingDepositLiabilitiesForeign contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 75718000000 </us-gaap:InterestBearingDepositLiabilitiesForeign> | |||||||||||||||||||||
| <us-gaap:InterestBearingDepositsInBanks contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 24202000000 </us-gaap:InterestBearingDepositsInBanks> | |||||||||||||||||||||
| <us-gaap:Liabilities contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 1991855000000 </us-gaap:Liabilities> | |||||||||||||||||||||
| <us-gaap:LiabilitiesAndStockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2223299000000 </us-gaap:LiabilitiesAndStockholdersEquity> | |||||||||||||||||||||
| <us-gaap:LoansAndLeasesReceivableAllowance contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 37200000000 </us-gaap:LoansAndLeasesReceivableAllowance> | |||||||||||||||||||||
| <us-gaap:LoansAndLeasesReceivableNetOfDeferredIncome contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 900128000000 </us-gaap:LoansAndLeasesReceivableNetOfDeferredIncome> | |||||||||||||||||||||
| <us-gaap:LoansAndLeasesReceivableNetReportedAmount contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 862928000000 </us-gaap:LoansAndLeasesReceivableNetReportedAmount> | |||||||||||||||||||||
| <us-gaap:LoansHeldForSaleFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 32795000000 </us-gaap:LoansHeldForSaleFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:LoansPledgedAsCollateral contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 118113000000 </us-gaap:LoansPledgedAsCollateral> | |||||||||||||||||||||
| <us-gaap:LoansReceivableFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 4936000000 </us-gaap:LoansReceivableFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:LongTermDebt contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 438521000000 </us-gaap:LongTermDebt> | |||||||||||||||||||||
| <us-gaap:NoninterestBearingDepositLiabilitiesDomestic contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 269615000000 </us-gaap:NoninterestBearingDepositLiabilitiesDomestic> | |||||||||||||||||||||
| <us-gaap:NoninterestBearingDepositLiabilitiesForeign contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 5489000000 </us-gaap:NoninterestBearingDepositLiabilitiesForeign> | |||||||||||||||||||||
| <us-gaap:OtherAssets contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 191077000000 </us-gaap:OtherAssets> | |||||||||||||||||||||
| <us-gaap:OtherAssetsFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 55909000000 </us-gaap:OtherAssetsFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:OtherLiabilities contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 127854000000 </us-gaap:OtherLiabilities> | |||||||||||||||||||||
| <us-gaap:OtherReceivables contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 81996000000 </us-gaap:OtherReceivables> | |||||||||||||||||||||
| <us-gaap:PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 37208000000 </us-gaap:PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount> | |||||||||||||||||||||
| <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 0.01 </us-gaap:PreferredStockParOrStatedValuePerShare> | |||||||||||||||||||||
| <us-gaap:PreferredStockSharesAuthorized contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="shares" decimals="0"> 100000000 </us-gaap:PreferredStockSharesAuthorized> | |||||||||||||||||||||
| <us-gaap:PreferredStockSharesIssued contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="shares" decimals="0"> 5246660 </us-gaap:PreferredStockSharesIssued> | |||||||||||||||||||||
| <us-gaap:PreferredStockSharesOutstanding contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="shares" decimals="0"> 5246660 </us-gaap:PreferredStockSharesOutstanding> | |||||||||||||||||||||
| <us-gaap:PropertyPlantAndEquipmentNet contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 15500000000 </us-gaap:PropertyPlantAndEquipmentNet> | |||||||||||||||||||||
| <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 71233000000 </us-gaap:RetainedEarningsAccumulatedDeficit> | |||||||||||||||||||||
| <us-gaap:ServicingAssetAtFairValueAmount contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 19465000000 </us-gaap:ServicingAssetAtFairValueAmount> | |||||||||||||||||||||
| <us-gaap:ShortTermBorrowings contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 69524000000 </us-gaap:ShortTermBorrowings> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 231444000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:TradingLiabilities contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 65432000000 </us-gaap:TradingLiabilities> | |||||||||||||||||||||
| <us-gaap:TradingSecurities contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 182206000000 </us-gaap:TradingSecurities> | |||||||||||||||||||||
| <us-gaap:TradingSecuritiesPledgedAsCollateral contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 30921000000 </us-gaap:TradingSecuritiesPledgedAsCollateral> | |||||||||||||||||||||
| <bac:OtherEquity contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> -112000000 </bac:OtherEquity> | |||||||||||||||||||||
| <bac:DebtSecurities contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 311441000000 </bac:DebtSecurities> | |||||||||||||||||||||
| <bac:MortgageServicingRights contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 19774000000 </bac:MortgageServicingRights> | |||||||||||||||||||||
| <bac:OtherLiabilitiesFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 19015000000 </bac:OtherLiabilitiesFairValueDisclosure> | |||||||||||||||||||||
| <bac:OtherLiabilitiesReserveForUnfundedLendingCommitments contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 1487000000 </bac:OtherLiabilitiesReserveForUnfundedLendingCommitments> | |||||||||||||||||||||
| <bac:InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 1663000000 </bac:InterestBearingDepositLiabilitiesDomesticMeasuredAtFairValue> | |||||||||||||||||||||
| <bac:ShortTermDebtAtFairValue contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 813000000 </bac:ShortTermDebtAtFairValue> | |||||||||||||||||||||
| <bac:LongTermDebtAtFairValue contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 45451000000 </bac:LongTermDebtAtFairValue> | |||||||||||||||||||||
| <bac:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 189933000000 </bac:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResell> | |||||||||||||||||||||
| <bac:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 189844000000 </bac:FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellPledgedAsCollateral> | |||||||||||||||||||||
| <bac:AvailableForSaleDebtSecuritiesPledgedAsCollateral contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 122708000000 </bac:AvailableForSaleDebtSecuritiesPledgedAsCollateral> | |||||||||||||||||||||
| <bac:LoansHeldForSaleNet contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 43874000000 </bac:LoansHeldForSaleNet> | |||||||||||||||||||||
| <bac:FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 255185000000 </bac:FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchase> | |||||||||||||||||||||
| <bac:FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0" unitRef="iso4217_USD" decimals="-6"> 37325000000 </bac:FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepourchaseFairValueDisclosure> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x400328" unitRef="iso4217_USD" decimals="-6"> -5619000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x401098" unitRef="iso4217_USD" decimals="-6"> 128734000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:SharesIssued contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x401105" unitRef="shares" decimals="-3"> 8650244000 </us-gaap:SharesIssued> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x409057" unitRef="iso4217_USD" decimals="-6"> 37208000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x410600" unitRef="iso4217_USD" decimals="-6"> 71233000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:StockholdersEquity contextRef="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x414931" unitRef="iso4217_USD" decimals="-6"> -112000000 </us-gaap:StockholdersEquity> | |||||||||||||||||||||
| <us-gaap:CashAcquiredFromAcquisition contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -19816000000 </us-gaap:CashAcquiredFromAcquisition> | |||||||||||||||||||||
| <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6" id="fnid_1061362_3_43"> 6102000000 </us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:AmortizationOfIntangibleAssets contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 1676000000 </us-gaap:AmortizationOfIntangibleAssets> | |||||||||||||||||||||
| <us-gaap:CommonStockDividendsPerShareCashPaid contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 2.40 </us-gaap:CommonStockDividendsPerShareCashPaid> | |||||||||||||||||||||
| <us-gaap:Communication contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 1013000000 </us-gaap:Communication> | |||||||||||||||||||||
| <us-gaap:CumulativeEffectOfInitialAdoptionOfFIN48 contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -146000000 </us-gaap:CumulativeEffectOfInitialAdoptionOfFIN48> | |||||||||||||||||||||
| <us-gaap:CumulativeEffectOfInitialAdoptionOfNewAccountingPrinciple contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -1381000000 </us-gaap:CumulativeEffectOfInitialAdoptionOfNewAccountingPrinciple> | |||||||||||||||||||||
| <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -753000000 </us-gaap:DeferredIncomeTaxExpenseBenefit> | |||||||||||||||||||||
| <us-gaap:DepreciationPremisesAndEquipment contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 1168000000 </us-gaap:DepreciationPremisesAndEquipment> | |||||||||||||||||||||
| <us-gaap:DividendsCommonStock contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 10696000000 </us-gaap:DividendsCommonStock> | |||||||||||||||||||||
| <us-gaap:DividendsPreferredStock contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 182000000 </us-gaap:DividendsPreferredStock> | |||||||||||||||||||||
| <us-gaap:EarningsPerShareBasic contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 3.32 </us-gaap:EarningsPerShareBasic> | |||||||||||||||||||||
| <us-gaap:EarningsPerShareDiluted contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 3.29 </us-gaap:EarningsPerShareDiluted> | |||||||||||||||||||||
| <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 134000000 </us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents> | |||||||||||||||||||||
| <us-gaap:EquipmentExpense contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 1391000000 </us-gaap:EquipmentExpense> | |||||||||||||||||||||
| <us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 254000000 </us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities> | |||||||||||||||||||||
| <us-gaap:FeesAndCommissionsDepositorAccounts contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 8908000000 </us-gaap:FeesAndCommissionsDepositorAccounts> | |||||||||||||||||||||
| <us-gaap:GainLossOnSaleOfDebtInvestments contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 180000000 </us-gaap:GainLossOnSaleOfDebtInvestments> | |||||||||||||||||||||
| <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 20924000000 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments> | |||||||||||||||||||||
| <us-gaap:IncomeTaxesPaidNet contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 9196000000 </us-gaap:IncomeTaxesPaidNet> | |||||||||||||||||||||
| <us-gaap:IncomeTaxExpenseBenefit contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 5942000000 </us-gaap:IncomeTaxExpenseBenefit> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 4190000000 </us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInDeposits contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 45368000000 </us-gaap:IncreaseDecreaseInDeposits> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 8108000000 </us-gaap:IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInOtherOperatingAssets contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 15855000000 </us-gaap:IncreaseDecreaseInOtherOperatingAssets> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -5531000000 </us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet> | |||||||||||||||||||||
| <us-gaap:InformationTechnologyAndDataProcessing contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 1962000000 </us-gaap:InformationTechnologyAndDataProcessing> | |||||||||||||||||||||
| <us-gaap:InsuranceCommissionsAndFees contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 761000000 </us-gaap:InsuranceCommissionsAndFees> | |||||||||||||||||||||
| <us-gaap:InterestAndDividendIncomeOperating contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 87304000000 </us-gaap:InterestAndDividendIncomeOperating> | |||||||||||||||||||||
| <us-gaap:InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 9417000000 </us-gaap:InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue> | |||||||||||||||||||||
| <us-gaap:InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 55681000000 </us-gaap:InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio> | |||||||||||||||||||||
| <us-gaap:InterestExpense contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 52863000000 </us-gaap:InterestExpense> | |||||||||||||||||||||
| <us-gaap:InterestExpenseDeposits contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 18093000000 </us-gaap:InterestExpenseDeposits> | |||||||||||||||||||||
| <us-gaap:InterestExpenseLongTermDebt contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 9359000000 </us-gaap:InterestExpenseLongTermDebt> | |||||||||||||||||||||
| <us-gaap:InterestExpenseShortTermBorrowings contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 21967000000 </us-gaap:InterestExpenseShortTermBorrowings> | |||||||||||||||||||||
| <us-gaap:InterestExpenseTradingLiabilities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 3444000000 </us-gaap:InterestExpenseTradingLiabilities> | |||||||||||||||||||||
| <us-gaap:InterestIncomeExpenseNet contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 34441000000 </us-gaap:InterestIncomeExpenseNet> | |||||||||||||||||||||
| <us-gaap:InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 7722000000 </us-gaap:InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell> | |||||||||||||||||||||
| <us-gaap:InterestPaidNet contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 51829000000 </us-gaap:InterestPaidNet> | |||||||||||||||||||||
| <us-gaap:LaborAndRelatedExpense contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 18753000000 </us-gaap:LaborAndRelatedExpense> | |||||||||||||||||||||
| <us-gaap:MarketingAndAdvertisingExpense contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 2356000000 </us-gaap:MarketingAndAdvertisingExpense> | |||||||||||||||||||||
| <us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 103412000000 </us-gaap:NetCashProvidedByUsedInFinancingActivities> | |||||||||||||||||||||
| <us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -108480000000 </us-gaap:NetCashProvidedByUsedInInvestingActivities> | |||||||||||||||||||||
| <us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 11036000000 </us-gaap:NetCashProvidedByUsedInOperatingActivities> | |||||||||||||||||||||
| <us-gaap:NetIncomeLoss contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 14982000000 </us-gaap:NetIncomeLoss> | |||||||||||||||||||||
| <us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 14800000000 </us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic> | |||||||||||||||||||||
| <us-gaap:NoninterestExpense contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 37524000000 </us-gaap:NoninterestExpense> | |||||||||||||||||||||
| <us-gaap:NoninterestIncome contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 32392000000 </us-gaap:NoninterestIncome> | |||||||||||||||||||||
| <us-gaap:NoninterestIncomeOtherOperatingIncome contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 1295000000 </us-gaap:NoninterestIncomeOtherOperatingIncome> | |||||||||||||||||||||
| <us-gaap:OccupancyNet contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 3038000000 </us-gaap:OccupancyNet> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 9269000000 </us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 127000000 </us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -705000000 </us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 149000000 </us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherInterestAndDividendIncome contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 4700000000 </us-gaap:OtherInterestAndDividendIncome> | |||||||||||||||||||||
| <us-gaap:OtherNoninterestExpense contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 5751000000 </us-gaap:OtherNoninterestExpense> | |||||||||||||||||||||
| <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -5040000000 </us-gaap:PaymentsForProceedsFromOtherInvestingActivities> | |||||||||||||||||||||
| <us-gaap:PaymentsForProceedsFromOtherLoansAndLeases contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 177665000000 </us-gaap:PaymentsForProceedsFromOtherLoansAndLeases> | |||||||||||||||||||||
| <us-gaap:PaymentsForProceedsFromProductiveAssets contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 2143000000 </us-gaap:PaymentsForProceedsFromProductiveAssets> | |||||||||||||||||||||
| <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 3790000000 </us-gaap:PaymentsForRepurchaseOfCommonStock> | |||||||||||||||||||||
| <us-gaap:PaymentsForRepurchaseOfPreferredStockAndPreferenceStock contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 0 </us-gaap:PaymentsForRepurchaseOfPreferredStockAndPreferenceStock> | |||||||||||||||||||||
| <us-gaap:PaymentsOfDividends contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 10878000000 </us-gaap:PaymentsOfDividends> | |||||||||||||||||||||
| <us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 28016000000 </us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt> | |||||||||||||||||||||
| <us-gaap:PaymentsToAcquireHeldToMaturitySecurities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 314000000 </us-gaap:PaymentsToAcquireHeldToMaturitySecurities> | |||||||||||||||||||||
| <us-gaap:PreferredStockDividendsAndOtherAdjustments contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 182000000 </us-gaap:PreferredStockDividendsAndOtherAdjustments> | |||||||||||||||||||||
| <us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 1118000000 </us-gaap:ProceedsFromIssuanceOfCommonStock> | |||||||||||||||||||||
| <us-gaap:ProceedsFromIssuanceOfLongTermDebt contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 67370000000 </us-gaap:ProceedsFromIssuanceOfLongTermDebt> | |||||||||||||||||||||
| <us-gaap:ProceedsFromIssuanceOfPreferredStockAndPreferenceStock contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 1558000000 </us-gaap:ProceedsFromIssuanceOfPreferredStockAndPreferenceStock> | |||||||||||||||||||||
| <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 630000000 </us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities> | |||||||||||||||||||||
| <us-gaap:ProceedsFromPaymentsForInInterestBearingDepositsInBanks contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 2191000000 </us-gaap:ProceedsFromPaymentsForInInterestBearingDepositsInBanks> | |||||||||||||||||||||
| <us-gaap:ProceedsFromPaymentsForOtherFinancingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -38000000 </us-gaap:ProceedsFromPaymentsForOtherFinancingActivities> | |||||||||||||||||||||
| <us-gaap:ProceedsFromRepaymentsOfShortTermDebt contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 32840000000 </us-gaap:ProceedsFromRepaymentsOfShortTermDebt> | |||||||||||||||||||||
| <us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 28107000000 </us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt> | |||||||||||||||||||||
| <us-gaap:ProceedsFromSaleOfForeclosedAssets contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 104000000 </us-gaap:ProceedsFromSaleOfForeclosedAssets> | |||||||||||||||||||||
| <us-gaap:ProceedsFromSaleOfLoansAndLeasesHeldForInvestment contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 57875000000 </us-gaap:ProceedsFromSaleOfLoansAndLeasesHeldForInvestment> | |||||||||||||||||||||
| <us-gaap:ProfessionalFees contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 1174000000 </us-gaap:ProfessionalFees> | |||||||||||||||||||||
| <us-gaap:ProvisionForLoanLeaseAndOtherLosses contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 8385000000 </us-gaap:ProvisionForLoanLeaseAndOtherLosses> | |||||||||||||||||||||
| <us-gaap:RepaymentsOfLongTermDebt contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 28942000000 </us-gaap:RepaymentsOfLongTermDebt> | |||||||||||||||||||||
| <us-gaap:Revenues contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 66833000000 </us-gaap:Revenues> | |||||||||||||||||||||
| <us-gaap:StockRepurchasedDuringPeriodValue contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 3790000000 </us-gaap:StockRepurchasedDuringPeriodValue> | |||||||||||||||||||||
| <us-gaap:TradingGainsLosses contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> -4889000000 </us-gaap:TradingGainsLosses> | |||||||||||||||||||||
| <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="shares" decimals="-3"> 4463213000 </us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding> | |||||||||||||||||||||
| <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="shares" decimals="-3"> 4423579000 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic> | |||||||||||||||||||||
| <bac:BrokerageCommissionsAndAssetManagementFeesRevenue contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 5147000000 </bac:BrokerageCommissionsAndAssetManagementFeesRevenue> | |||||||||||||||||||||
| <bac:FeesAndCommissionsCreditAndDebitCards contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 14077000000 </bac:FeesAndCommissionsCreditAndDebitCards> | |||||||||||||||||||||
| <bac:InvestmentBankingAndUnderwritingRevenue contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 2345000000 </bac:InvestmentBankingAndUnderwritingRevenue> | |||||||||||||||||||||
| <bac:MortgageBankingIncome contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 902000000 </bac:MortgageBankingIncome> | |||||||||||||||||||||
| <bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 2554000000 </bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther> | |||||||||||||||||||||
| <bac:EffectOnRetainedEarningsAccumulatedDeficitDueToFairValueOptionAndMeasurement contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 208000000 </bac:EffectOnRetainedEarningsAccumulatedDeficitDueToFairValueOptionAndMeasurement> | |||||||||||||||||||||
| <bac:ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 6294000000 </bac:ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet> | |||||||||||||||||||||
| <bac:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities contextRef="eol_PE15519---0910-K0014_STD_365_20071231_0" unitRef="iso4217_USD" decimals="-6"> 19233000000 </bac:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities> | |||||||||||||||||||||
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| <us-gaap:BusinessCombinationDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 2 – Merger and Restructuring Activity</b></font></p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Merrill Lynch</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation acquired Merrill Lynch through its merger with a subsidiary of the Corporation in exchange for common and preferred stock with a value of $29.1 billion, creating a financial services franchise with significantly enhanced wealth management, investment banking and international capabilities. Under the terms of the merger agreement, Merrill Lynch common shareholders received 0.8595 of a share of Bank of America Corporation common stock in exchange for each share of Merrill Lynch common stock. In addition, Merrill Lynch non-convertible preferred shareholders received Bank of America Corporation preferred stock having substantially identical terms. Merrill Lynch convertible preferred stock remains outstanding and is convertible into Bank of America common stock at an equivalent exchange ratio. With the acquisition, the Corporation has one of the largest wealth management businesses in the world with approximately 15,000 financial advisors and more than $2.1 trillion in client assets. Global investment management capabilities include an economic ownership interest of approximately 34 percent in BlackRock, Inc. (BlackRock), a publicly traded investment management company. In addition, the acquisition adds strengths in debt and equity underwriting, sales and trading, and merger and acquisition advice, creating significant opportunities to deepen relationships with corporate and institutional clients around the globe. Merrill Lynch’s results of operations were included in the Corporation’s results beginning January 1, 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The purchase price was allocated to the acquired assets and liabilities based on their estimated fair values at the Merrill Lynch acquisition date as summarized in the following table. Goodwill of $5.1 billion was calculated as the purchase premium after adjusting for the fair value of net assets acquired and represents the value expected from the synergies created from combining the Merrill Lynch wealth management and corporate and investment banking businesses with the Corporation’s capabilities in consumer and commercial banking as well as the economies of scale expected from combining the operations of the two companies. No goodwill is expected to be deductible for federal income tax purposes. The goodwill was allocated principally to the <i>Global Wealth & Investment Management (GWIM)</i> and <i>Global Markets</i> business segments.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Merrill Lynch Purchase Price Allocation</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 4px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="91%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in billions, except per share amounts)</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Purchase price</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch common shares exchanged (in millions)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,600</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Exchange ratio</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.8595</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s common shares issued (in millions)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,375</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchase price per share of the Corporation’s common stock <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14.08</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total value of the Corporation’s common stock and cash exchanged for fractional shares</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch preferred stock</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.6</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Fair value of outstanding employee stock awards</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total purchase price</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>29.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Allocation of the purchase price</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch stockholders’ equity</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19.9</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch goodwill and intangible assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2.6</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Pre-tax adjustments to reflect acquired assets and liabilities at fair value:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Derivatives and securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1.9</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6.1</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Intangible assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets/liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Long-term debt</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16.0</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Pre-tax total adjustments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12.6</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Deferred income taxes</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5.9</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">After-tax total adjustments</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.7</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Fair value of net assets acquired</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">24.0</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Goodwill resulting from the Merrill Lynch acquisition</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5.1</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The value of the shares of common stock exchanged with Merrill Lynch shareholders was based upon the closing price of the Corporation’s common stock at December 31, 2008, the last trading day prior to the date of acquisition.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Consists of trade name of $1.5 billion and customer relationship and core deposit intangibles of $3.9 billion. The amortization life is 10 years for the customer relationship and core deposit intangibles which are primarily amortized on a straight-line basis.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Condensed Statement of Net Assets Acquired</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The following condensed statement of net assets acquired reflects the values assigned to Merrill Lynch’s net assets as of the acquisition date.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="73%"></td> <td valign="bottom" width="21%"></td> <td></td> <td></td> </tr> <tr> <td height="10"></td> <td height="10" colspan="3"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in billions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>January 1, 2009</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Assets</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Federal funds sold and securities borrowed or purchased under agreements to resell</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">138.8</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">87.9</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Derivative assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">96.4</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Investment securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">70.5</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">55.9</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Intangible assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.4</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">195.3</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>650.2</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Liabilities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Deposits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">98.1</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Federal funds purchased and securities loaned or sold under agreements to repurchase</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">111.6</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18.1</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Derivative liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">72.0</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial paper and other short-term borrowings</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">37.9</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">99.6</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Long-term debt</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">188.9</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total liabilities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>626.2</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Arial" size="1"><b>Fair value of net assets acquired</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>24.0</b></font></td> </tr> </table> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Contingencies</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair value of net assets acquired includes certain contingent liabilities that were recorded as of the acquisition date. Merrill Lynch has been named as a defendant in various pending legal actions and proceedings arising in connection with its activities as a global diversified financial services institution. Some of these legal actions and proceedings include claims for substantial compensatory and/or punitive damages or claims for indeterminate amounts of damages. Merrill Lynch is also involved in investigations and/or proceedings by governmental and self-regulatory agencies. Due to the number of variables and assumptions involved in assessing the possible outcome of these legal actions, sufficient information did not exist to reasonably estimate the fair value of these contingent liabilities. As such, these contingences have been measured in accordance with accounting guidance on contingencies which states that a loss is recognized when it is probable of occurring and the loss amount can be reasonably estimated. For further information, see <i>Note 14 – Commitments and Contingencies.</i></font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In connection with the Merrill Lynch acquisition, on January 1, 2009, the Corporation recorded certain guarantees, primarily standby liquidity facilities and letters of credit, with a fair value of approximately $1 billion. At the time of acquisition, the maximum amount that could be drawn from these guarantees was approximately $20 billion.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Countrywide</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On July 1, 2008, the Corporation acquired Countrywide through its merger with a subsidiary of the Corporation. Under the terms of the merger agreement, Countrywide shareholders received 0.1822 of a share of Bank of America Corporation common stock in exchange for each share of Countrywide common stock. The acquisition of Countrywide significantly expanded the Corporation’s mortgage originating and servicing capabilities, making it a leading mortgage originator and servicer. As provided by the merger agreement, 583 million shares of Countrywide common stock were exchanged for 107 million shares of the Corporation’s common stock. Countrywide’s results of operations were included in the Corporation’s results beginning July 1, 2008.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Countrywide purchase price was allocated to the assets acquired and liabilities assumed based on their fair values at the Countrywide acquisition date as summarized in the following table. No goodwill is deductible for federal income tax purposes. All the goodwill was allocated to the <i>Home Loans & Insurance</i> business segment.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Countrywide Purchase Price Allocation</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 7px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="83%"></td> <td valign="bottom" width="15%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in billions)</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Purchase price <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Allocation of the purchase price</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Countrywide stockholders’ equity <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Pre-tax adjustments to reflect assets acquired and liabilities assumed at fair value:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(9.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Investments in other financial instruments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1.5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Deposits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.2</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Notes payable and other liabilities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.9</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Pre-tax total adjustments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(13.5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Deferred income taxes</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.9</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">After-tax total adjustments</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8.6</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Fair value of net assets acquired</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.2</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Goodwill resulting from the Countrywide acquisition</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.4</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The value of the shares of common stock exchanged with Countrywide shareholders was based upon the average of the closing prices of the Corporation’s common stock for the period commencing two trading days before and ending two trading days after January 11, 2008, the date of the Countrywide merger agreement.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents the remaining Countrywide shareholders’ equity as of the acquisition date after the cancellation of the $2.0 billion of Series B convertible preferred shares owned by the Corporation.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 10px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation acquired certain loans for which there was, at the time of the merger, evidence of deterioration of credit quality since origination and for which it was probable that all contractually required payments would not be collected. For more information, see the Countrywide purchased impaired loan discussion in <i>Note 6 – Outstanding Loans and Leases.</i></font></p> <p style="MARGIN-TOP: 10px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Other Acquisitions</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On October 1, 2007, the Corporation acquired all the outstanding shares of LaSalle, for $21.0 billion in cash. LaSalle’s results of operations were included in the Corporation’s results beginning October 1, 2007.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On July 1, 2007, the Corporation acquired all the outstanding shares of U.S. Trust Corporation for $3.3 billion in cash. U.S. Trust Corporation’s results of operations were included in the Corporation’s results beginning July 1, 2007.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Unaudited Pro Forma Condensed Combined Financial Information</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">If the Merrill Lynch and Countrywide acquisitions had been completed on January 1, 2008, total revenue, net of interest expense would have been $66.8 billion, net loss from continuing operations would have been $26.0 billion, and basic and diluted loss per common share would have been $5.37 for 2008. These results include the impact of amortizing certain purchase accounting adjustments such as intangible assets as well as fair value adjustments to loans, securities and debt. The pro forma financial information does not include the impact of possible business model changes nor does it consider any potential impacts of current market conditions or revenues, expense efficiencies, asset dispositions, share repurchases or other factors. For 2009, Merrill Lynch contributed $23.3 billion in revenue, net of interest expense, and $4.7 billion in net income. These amounts exclude the impact of intercompany transfers of businesses and are before the consideration of certain merger-related costs, revenue opportunities and certain consolidating tax benefits that were recognized in legacy Bank of America legal entities.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Merger and Restructuring Charges</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Merger and restructuring charges are recorded in the Consolidated Statement of Income and include incremental costs to integrate the operations of the Corporation and its recent acquisitions. These charges represent costs associated with these one-time activities and do not represent ongoing costs of the fully integrated combined organization. On January 1, 2009, the Corporation adopted new accounting guidance, on a prospective basis, that requires that acquisition-related transaction and restructuring costs be charged to expense as incurred. Previously, these expenses were recorded as an adjustment to goodwill.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table presents severance and employee-related charges, systems integrations and related charges, and other merger-related charges.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="58%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Severance and employee-related charges</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,351</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">138</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">106</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Systems integrations and related charges</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,155</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">640</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">240</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>215</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">157</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">64</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total merger and restructuring charges</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,721</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">935</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">410</font></td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Included for 2009 are merger-related charges of $1.8 billion related to the Merrill Lynch acquisition, $843 million related to the Countrywide acquisition, and $97 million related to the LaSalle acquisition. Included for 2008 are merger-related charges of $623 million related to the LaSalle acquisition, $205 million related to the Countrywide acquisition, and $107 million related to the U.S. Trust Corporation acquisition. Included for 2007 are merger-related charges of $233 million related to the 2006 MBNA Corporation (MBNA) acquisition, $109 million related to the U.S. Trust Corporation acquisition and $68 million related to the LaSalle acquisition.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2009, the $1.8 billion merger-related charges for the Merrill Lynch acquisition included $1.2 billion for severance and other employee-related costs, $480 million of system integration costs, and $129 million in other merger-related costs.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Merger-related Exit Cost and Restructuring Reserves</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The following table presents the changes in exit cost and restructuring reserves for 2009 and 2008. Exit cost reserves were established in purchase accounting resulting in an increase in goodwill. Restructuring reserves are established by a charge to merger and restructuring charges. Exit costs were not recorded in purchase accounting for the Merrill Lynch acquisition in accordance with amendments to the accounting guidance for business combinations which were effective January 1, 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="54%"></td> <td valign="bottom" width="12%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="8"></td> <td height="12" colspan="2"></td> <td height="12" colspan="8"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Exit Cost<br /> Reserves</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Restructuring<br /> Reserves</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, January 1</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>523</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">377</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>86</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">108</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Exit costs and restructuring charges:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>949</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Countrywide</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">588</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>191</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">71</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">LaSalle</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(24</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. Trust Corporation</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">40</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">MBNA</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Cash payments</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(387</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(464</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(816</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(155</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>112</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">523</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>403</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">86</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">= not applicable</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2008, there were $523 million of exit cost reserves related principally to the Countrywide acquisition, including $347 million for severance, relocation and other employee-related costs and $176 million for contract terminations. During 2009, $24 million of exit cost reserve adjustments were recorded for the LaSalle acquisition primarily due to lower than expected contract terminations. Cash payments of $387 million during 2009 consisted of $271 million in severance, relocation and other employee-related costs and $116 million in contract terminations. At December 31, 2009, exit cost reserves of $112 million related principally to Countrywide.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2008, there were $86 million of restructuring reserves related to the Countrywide, LaSalle and U.S. Trust Corporation acquisitions related to severance and other employee-related costs. During 2009, $1.1 billion was added to the restructuring reserves related to severance and other employee-related costs primarily associated with the Merrill Lynch acquisition. Cash payments of $816 million during 2009 were all related to severance and other employee-related costs. As of December 31, 2009, restructuring reserves of $403 million included $328 million for Merrill Lynch and $74 million for Countrywide.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Payments under exit cost and restructuring reserves associated with the U.S. Trust Corporation acquisition were completed in 2009 while payments associated with the LaSalle, Countrywide and Merrill Lynch acquisitions will continue into 2010.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> </div> </us-gaap:BusinessCombinationDisclosureTextBlock> | |||||||||||||||||||||
| <us-gaap:CommitmentsAndContingencies2009 contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" xsi:nil="true"/> | |||||||||||||||||||||
| <us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 14 – Commitments and Contingencies</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">In the normal course of business, the Corporation enters into a number of off-balance sheet commitments. These commitments expose the Corporation to varying degrees of credit and market risk and are subject to the same credit and market risk limitation reviews as those instruments recorded on the Corporation’s Consolidated Balance Sheet.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Credit Extension Commitments</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation enters into commitments to extend credit such as loan commitments, SBLCs and commercial letters of credit to meet the financing needs of its customers. The unfunded legally binding lending commitments shown in the following table are net of amounts distributed (e.g., syndicated) to other financial institutions of $30.9 billion and $46.9 billion at December 31, 2009 and 2008. At December 31, 2009, the carrying amount of these commitments, excluding commitments accounted for under the fair value option, was $1.5 billion, including deferred revenue of $34 million and a reserve for unfunded legally binding lending commitments of $1.5 billion. At December 31, 2008, the comparable amounts were $454 million, $33 million and $421 million. The carrying amount of these commitments is recorded in accrued expenses and other liabilities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The table below also includes the notional amount of commitments of $27.0 billion and $16.9 billion at December 31, 2009 and 2008, which are accounted for under the fair value option. However, the table below excludes the fair value adjustment of $950 million and $1.1 billion on these commitments that was recorded in accrued expenses and other liabilities. For information regarding the Corporation’s loan commitments accounted for at fair value, see <i>Note 20 – Fair Value Measurements.</i></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="50%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Expires in 1<br /> Year or Less</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Expires after 1<br /> Year through 3<br /> Years</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Expires after 3<br /> Years through<br /> 5 Years</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Expires after<br /> 5 Years</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Credit extension commitments, December 31, 2009</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Loan commitments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>149,248</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>187,585</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>30,897</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>28,489</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>396,219</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Home equity lines of credit</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,810</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,272</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10,667</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>76,924</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>92,673</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Standby letters of credit and financial guarantees <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>29,794</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27,789</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,923</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,739</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>76,245</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial letters of credit</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,020</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>40</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,465</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,525</b></font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Legally binding commitments <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>182,872</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>218,686</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>46,487</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>120,617</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>568,662</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Credit card lines <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>541,919</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>541,919</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total credit extension commitments</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>724,791</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>218,686</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>46,487</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>120,617</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,110,581</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Credit extension commitments, December 31, 2008</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Loan commitments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">128,992</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">120,234</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">67,111</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31,200</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">347,537</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Home equity lines of credit</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,883</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,322</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,799</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">96,415</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">107,419</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Standby letters of credit and financial guarantees <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">33,350</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26,090</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,328</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,812</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77,580</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial letters of credit</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,228</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">29</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,507</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,765</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Legally binding commitments <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">168,453</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">148,675</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">80,239</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">138,934</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">536,301</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Credit card lines <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">827,350</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">827,350</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total credit extension commitments</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">995,803</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">148,675</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">80,239</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">138,934</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,363,651</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the notional amount of SBLC and financial guarantees classified as investment grade and non-investment grade based on the credit quality of the underlying reference name within the instrument were $45.1 billion and $31.2 billion compared to $54.4 billion and $23.2 billion at December 31, 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes commitments to unconsolidated VIEs and certain QSPEs disclosed in <i>Note 9 – Variable Interest Entities</i>, including $25.1 billion and $41.6 billion to multi-seller conduits, and $9.8 billion and $6.8 billion to municipal bond trusts at December 31, 2009 and 2008. Also includes commitments to SPEs that are not disclosed in <i>Note 9 – Variable Interest Entities</i> because the Corporation does not hold a significant variable interest, including $368 million and $980 million to customer-sponsored conduits at December 31, 2009 and 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes business card unused lines of credit.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Legally binding commitments to extend credit generally have specified rates and maturities. Certain of these commitments have adverse change clauses that help to protect the Corporation against deterioration in the borrowers’ ability to pay.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Other Commitments</b></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Global Principal Investments and Other Equity Investments</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, the Corporation had unfunded equity investment commitments of approximately $2.8 billion and $1.9 billion. These commitments generally relate to the Corporation’s Global Principal Investments business which is comprised of a diversified portfolio of investments in private equity, real estate and other alternative investments. These investments are made either directly in a company or held through a fund. Bridge equity commitments provide equity bridge financing to facilitate clients’ investment activities. These conditional commitments are generally retired prior to or shortly following funding via syndication or the client’s decision to terminate. Where the Corporation has a binding equity bridge commitment and there is a market disruption or other unexpected event, there is heightened exposure in the portfolio and higher potential for loss, unless an orderly disposition of the exposure can be made. At December 31, 2009, the Corporation did not have any unfunded bridge equity commitments. The Corporation had funded equity bridges of $1.2 billion that were committed prior to the market disruption. These equity bridges are considered held for investment and recorded in other assets. In 2009, the Corporation recorded a total of $670 million in losses in equity investment income related to these investments. At December 31, 2009, these equity bridges had a zero balance.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Loan Purchases</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">In 2005, the Corporation entered into an agreement for the committed purchase of retail automotive loans over a five-year period, ending June 30, 2010. The Corporation purchased $6.6 billion of such loans in 2009 and purchased $12.0 billion of such loans in 2008 under this agreement. As of December 31, 2009, the Corporation was committed for additional purchases of $6.5 billion over the remaining term of the agreement. All loans purchased under this agreement are subject to a comprehensive set of credit criteria. This agreement is accounted for as a derivative liability with a fair value of $189 million and $316 million at December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the Corporation had commitments to purchase loans (e.g., residential mortgage and commercial real estate) of $2.2 billion which upon settlement will be included in loans or LHFS.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Operating Leases</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation is a party to operating leases for certain of its premises and equipment. Commitments under these leases are approximately $3.1 billion, $2.8 billion, $2.3 billion, $1.9 billion and $1.5 billion for 2010 through 2014, respectively, and $8.1 billion for all years thereafter.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Other Commitments</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the Corporation had commitments to enter into forward-dated resale and securities borrowing agreements of $51.8 billion. In addition, the Corporation had commitments to enter into forward-dated repurchase and securities lending agreements of $58.3 billion. All of these commitments expire within the next 12 months.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Beginning in the second half of 2007, the Corporation provided support to certain cash funds managed within <i>GWIM</i>. The funds for which the Corporation provided support typically invested in high quality, short-term securities with a portfolio weighted-average maturity of 90 days or less, including securities issued by SIVs and senior debt holdings of financial service companies. Due to market disruptions, certain investments in SIVs and senior debt securities were downgraded by the ratings agencies and experienced a decline in fair value. The Corporation entered into capital commitments under which the Corporation provided cash to these funds as a result of the net asset value per unit of a fund declining below certain thresholds. All capital commitments to these cash funds have been terminated. In 2009 and 2008, the Corporation recorded losses of $195 million and $1.1 billion related to these capital commitments.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation does not consolidate the cash funds managed within <i>GWIM</i> because the subordinated support provided by the Corporation did not absorb a majority of the variability created by the assets of the funds. In reaching this conclusion, the Corporation considered both interest rate and credit risk. The cash funds had total assets under management of $104.4 billion and $185.9 billion at December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In connection with federal and state securities regulators, the Corporation agreed to purchase at par ARS held by certain customers. During 2009, the Corporation purchased a net $3.8 billion of ARS from its customers. At December 31, 2009, the Corporation’s outstanding buyback commitment was $291 million.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, the Corporation has entered into agreements with providers of market data, communications, systems consulting and other office-related services. At December 31, 2009, the minimum fee commitments over the remaining life of these agreements totaled $2.3 billion.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Other Guarantees</b></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Bank-owned Life Insurance Book Value Protection</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation sells products that offer book value protection to insurance carriers who offer group life insurance policies to corporations, primarily banks. The book value protection is provided on portfolios of intermediate investment-grade fixed income securities and is intended to cover any shortfall in the event that policyholders surrender their policies and market value is below book value. To manage its exposure, the Corporation imposes significant restrictions on surrenders and the manner in which the portfolio is liquidated and the funds are accessed. In addition, investment parameters of the underlying portfolio are restricted. These constraints, combined with structural protections, including a cap on the amount of risk assumed on each policy, are designed to provide adequate buffers and guard against payments even under extreme stress scenarios. These guarantees are recorded as derivatives and carried at fair value in the trading portfolio. At December 31, 2009 and 2008, the notional amount of these guarantees totaled $15.6 billion and $15.1 billion and the Corporation’s maximum exposure related to these guaran tees totaled $4.9 billion and $4.8 billion with estimated maturity dates between 2030 and 2040. As of December 31, 2009 and 2008, the Corporation has not made a payment under these products. The probability of surrender has increased due to investment manager underperformance and the deteriorating financial health of policyholders, but remains a small percentage of total notional.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Employee Retirement Protection</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation sells products that offer book value protection primarily to plan sponsors of Employee Retirement Income Security Act of 1974 (ERISA) governed pension plans, such as 401(k) plans and 457 plans. The book value protection is provided on portfolios of intermediate/short-term investment-grade fixed income securities and is intended to cover any shortfall in the event that plan participants continue to withdraw funds after all securities have been liquidated and there is remaining book value. The Corporation retains the option to exit the contract at any time. If the Corporation exercises its option, the purchaser can require the Corporation to purchase high quality fixed income securities, typically government or government-backed agency securities, with the proceeds of the liquidated assets to assure the return of principal. To manage its exposure, the Corporation imposes significant restrictions and constraints on the timing of the withdrawals, the manner in which the portfolio is liquidated and the funds are accessed, and the investment parameters of the underlying portfolio. These constraints, combined with structural protections, are designed to provide adequate buffers and guard against payments even under extreme stress scenarios. These guarantees are recorded as derivatives and carried at fair value in the trading portfolio. At December 31, 2009 and 2008, the notional amount of these guarantees totaled $36.8 billion and $37.4 billion with estimated maturity dates between 2010 and 2014 if the exit option is exercised on all deals. As of December 31, 2009 and 2008, the Corporation has not made a payment under these products and has assessed the probability of payments under these guarantees as remote.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Indemnifications</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">In the ordinary course of business, the Corporation enters into various agreements that contain indemnifications, such as tax indemnifications, whereupon payment may become due if certain external events occur, such as a change in tax law. The indemnification clauses are often standard contractual terms and were entered into in the normal course of business based on an assessment that the risk of loss would be remote. These agreements typically contain an early termination clause that permits the Corporation to exit the agreement upon these events. The maximum potential future payment under indemnification agreements is difficult to assess for several reasons, including the occurrence of an external event, the inability to predict future changes in tax and other laws, the difficulty in determining how such laws would apply to parties in contracts, the absence of exposure limits contained in standard contract language and the timing of the early termination clause. Historically, any payments made under these guarantees have been de minimis. The Corporation has assessed the probability of making such payments in the future as remote.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Merchant Services</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On June 26, 2009, the Corporation contributed its merchant processing business to a joint venture in exchange for a 46.5 percent ownership interest in the joint venture. The Corporation indemnified the joint venture for any losses resulting from transactions processed through June 26, 2009 on the contributed merchant portfolio.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation, on behalf of the joint venture, provides credit and debit card processing services to various merchants by processing credit and debit card transactions on the merchants’ behalf. In connection with these services, a liability may arise in the event of a billing dispute between the merchant and a cardholder that is ultimately resolved in the cardholder’s favor and the merchant defaults upon its obligation to reimburse the cardholder. A cardholder, through its issuing bank, generally has until the later of up to six months after the date a transaction is processed or the delivery of the product or service to present a chargeback to the joint venture as the merchant processor. If the joint venture is unable to collect this amount from the merchant, it bears the loss for the amount paid to the cardholder. The joint venture is primarily liable for any losses on transactions from the contributed portfolio that occur after June 26, 2009. However, if the joint venture fails to meet its obligation to reimburse the cardholder for disputed transactions, then the Corporation could be held liable for the disputed amount. In 2009 and 2008, the Corporation processed $323.8 billion and $369.4 billion of transactions and recorded losses as a result of these chargebacks of $26 million and $21 million.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, the Corporation, on behalf of the joint venture, held as collateral $26 million and $38 million of merchant escrow deposits which may be used to offset amounts due from the individual merchants. The joint venture also has the right to offset any payments with cash flows otherwise due to the merchant. Accordingly, the Corporation believes that the maximum potential exposure is not representative of the actual potential loss exposure. The Corporation believes the maximum potential exposure for chargebacks would not exceed the total amount of merchant transactions processed through Visa and MasterCard for the last six months, which represents the claim period for the cardholder, plus any outstanding delayed-delivery transactions. As of December 31, 2009 and 2008, the maximum potential exposure totaled approximately $131.0 billion and $147.1 billion. The Corporation does not expect to make material payments in connection with these guarantees. The maximum potential exposure disclosed above does not include volumes processed by First Data contributed portfolios.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Brokerage Business</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">For a portion of the Corporation’s brokerage business, the Corporation has contracted with a third party to provide clearing services that include underwriting margin loans to the Corporation’s clients. This contract stipulates that the Corporation will indemnify the third party for any margin loan losses that occur in its issuing margin to the Corporation’s clients. The maximum potential future payment under this indemnification was $657 million and $577 million at December 31, 2009 and 2008. Historically, any payments made under this indemnification have not been material. As these margin loans are highly collateralized by the securities held by the brokerage clients, the Corporation has assessed the probability of making such payments in the future as remote. This indemnification would end with the termination of the clearing contract.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Other Derivative Contracts</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation funds selected assets, including securities issued by CDOs and CLOs, through derivative contracts, typically total return swaps, with third parties and SPEs that are not consolidated on the Corporation’s Consolidated Balance Sheet. At December 31, 2009, the total notional amount of these derivative contracts was approximately $4.9 billion with commercial banks and $2.8 billion with SPEs. The underlying securities are senior securities and substantially all of the Corporation’s exposures are insured. Accordingly, the Corporation’s exposure to loss consists principally of counterparty risk to the insurers. In certain circumstances, generally as a result of ratings downgrades, the Corporation may be required to purchase the underlying assets, which would not result in additional gain or loss to the Corporation as such exposure is already reflected in the fair value of the derivative contracts.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Other Guarantees</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation sells products that guarantee the return of principal to investors at a preset future date. These guarantees cover a broad range of underlying asset classes and are designed to cover the shortfall between the market value of the underlying portfolio and the principal amount on the preset future date. To manage its exposure, the Corporation requires that these guarantees be backed by structural and investment constraints and certain pre-defined triggers that would require the underlying assets or portfolio to be liquidated and invested in zero-coupon bonds that mature at the preset future date. The Corporation is required to fund any shortfall at the preset future date between the proceeds of the liquidated assets and the purchase price of the zero-coupon bonds. These guarantees are recorded as derivatives and carried at fair value in the trading portfolio. At December 31, 2009 and 2008, the notional amount of these guarantees totaled $2.1 billion and $1.3 billion. These guarantees have various maturities ranging from two to five years. At December 31, 2009 and 2008, the Corporation had not made a payment under these products and has assessed the probability of payments under these guarantees as remote.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation has entered into additional guarantee agreements, including lease end obligation agreements, partial credit guarantees on certain leases, real estate joint venture guarantees, sold risk participation swaps and sold put options that require gross settlement. The maximum potential future payment under these agreements was approximately $3.6 billion and $7.3 billion at December 31, 2009 and 2008. The estimated maturity dates of these obligations are between 2010 and 2033. The Corporation has made no material payments under these guarantees.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, the Corporation has guaranteed the payment obligations of certain subsidiaries of Merrill Lynch on certain derivative transactions. The aggregate amount of such derivative liabilities was approximately $2.5 billion at December 31, 2009.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Litigation and Regulatory Matters</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">In the ordinary course of business, the Corporation and its subsidiaries are routinely defendants in or parties to many pending and threatened legal actions and proceedings, including actions brought on behalf of various classes of claimants. Certain of these actions and proceedings are based on alleged violations of consumer protection, securities, environmental, banking, employment and other laws. In certain of these actions and proceedings, claims for substantial monetary damages are asserted against the Corporation and its subsidiaries.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In the ordinary course of business, the Corporation and its subsidiaries are also subject to regulatory examinations, information gathering requests, inquiries and investigations. Certain subsidiaries of the Corporation are registered broker/dealers or investment advisors and are subject to regulation by the SEC, the Financial Industry Regulatory Authority (FINRA), the New York Stock Exchange, the Financial Services Authority and other domestic, international and state securities regulators. In connection with formal and informal inquiries by those agencies, such subsidiaries receive numerous requests, subpoenas and orders for documents, testimony and information in connection with various aspects of their regulated activities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In view of the inherent difficulty of predicting the outcome of such litigation and regulatory matters, particularly where the claimants seek very large or indeterminate damages or where the matters present novel legal theories or involve a large number of parties, the Corporation cannot state with confidence what the eventual outcome of the pending matters will be, what the timing of the ultimate resolution of these matters will be, or what the eventual loss, fines or penalties related to each pending matter may be.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In accordance with applicable accounting guidance, the Corporation establishes reserves for litigation and regulatory matters when those matters present loss contingencies that are both probable and estimable. When loss contingencies are not both probable and estimable, the Corporation does not establish reserves. In some of the matters described below, including but not limited to the Lehman Brothers Holdings, Inc. matters, loss contingencies are not both probable and estimable in the view of management, and accordingly, reserves have not been established for those matters. Based on current knowledge, management does not believe that loss contingencies, if any, arising from pending litigation and regulatory matters, including the litigation and regulatory matters described below, will have a material adverse effect on the consolidated financial position or liquidity of the Corporation, but may be material to the Corporation’s results of operations for any particular reporting period.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Adelphia Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Adelphia Recovery Trust is the plaintiff in a lawsuit pending in the U.S. District Court for the Southern District of New York, entitled <i>Adelphia Recovery Trust v. Bank of America, N.A., et al</i>. The lawsuit was filed on July 6, 2003 and originally named over 700 defendants, including Bank of America, N.A. (BANA), Banc of America Securities LLC (BAS), Merrill Lynch, Merrill Lynch Capital Corp., Fleet National Bank and Fleet Securities, Inc. (collectively Fleet) and other affiliated entities, and asserted over 50 claims under federal statutes and state common law relating to loans and other services provided to various affiliates of Adelphia Communications Corporation (ACC) and entities owned by members of the founding family of ACC. The plaintiff seeks compensatory damages of approximately $5 billion, plus fees, costs and exemplary damages. The District Court granted in part defendants’ motions to dismiss, which resulted in the dismissal of approximately 650 defendants from the lawsuit. The plaintiff appealed the dismissal decision. The primary claims remaining against BANA, BAS, Merrill Lynch, Merrill Lynch Capital Corp. and Fleet include fraud, aiding and abetting fraud and aiding and abetting breach of fiduciary duty. There are several pending defense motions for summary judgment. Trial is scheduled for September 13, 2010.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Auction Rate Securities Claims</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On March 25, 2008, a putative class action, entitled <i>Burton v. Merrill Lynch & Co., Inc., et al</i>., was filed in the U.S. District Court for the Southern District of New York against Merrill Lynch Pierce, Fenner and Smith Incorporated (MLPF&S) and Merrill Lynch on behalf of persons who purchased and continue to hold ARS offered for sale by MLPF&S between March 25, 2003 and February 13, 2008. The complaint alleges, among other things, that MLPF&S failed to disclose material facts about ARS. A similar action, entitled <i>Stanton v. Merrill Lynch & Co., Inc., et al.</i>, was filed the next day in the same court. On October 31, 2008, the two cases, entitled <i>In Re Merrill Lynch Auction Rate Securities Litigation</i>, were consolidated, and, on December 10, 2008, plaintiffs filed a consolidated class action amended complaint. Plaintiffs seek to recover alleged losses in the market value of ARS allegedly caused by the decision of MLPF&S and Merrill Lynch to discontinue supporting auctions for ARS. Plaintiffs seek unspecified damages, including rescission, other compensatory and consequential damages, costs, fees and interest. On February 27, 2009, defendants filed a motion to dismiss the consolidated amended complaint in <i>In Re Merrill Lynch Auction Rate Securities Litigation</i>. On May 22, 2009, the plaintiffs filed a second amended consolidated complaint. On July 24, 2009, Merrill Lynch filed a motion to dismiss the second amended consolidated complaint.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On May 22, 2008, a putative class action, entitled <i>Bondar v. Bank of America Corporation</i>, was filed in the U.S. District Court for the Northern District of California against the Corporation, Banc of America Investment Services, Inc. (BAI) and BAS on behalf of persons who purchased ARS from the defendants. The amended complaint, which was filed on January 22, 2009, alleges, among other things, that the Corporation, BAI and BAS manipulated the market for, and failed to disclose material facts about ARS, and seeks to recover unspecified damages for losses in the market value of ARS allegedly caused by the decision of BAS and other broker/dealers to discontinue supporting auctions for ARS. On February 12, 2009, the Judicial Panel on Multidistrict Litigation (MDL Panel) consolidated Bondar and two related, individual federal actions into one proceeding in the U.S. District Court for the Northern District of California. On September 9, 2009, defendants filed their motion to dismiss the second amended consolidated complaint.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On September 4, 2008, two civil antitrust putative class actions, <i>Mayor and City Council of Baltimore, Maryland v. Citigroup et al., and Mayfield et al. v. Citigroup Inc. et al</i>., were filed in the U.S. District Court for the Southern District of New York against the Corporation, Merrill Lynch, and other financial institutions alleging that the defendants conspired to restrain trade in ARS by artificially supporting auctions and later withdrawing that support. <i>City Council of Baltimore</i> is filed on behalf of a class of issuers of ARS underwritten by the defendants between May 12, 2003 and February 13, 2008 who seek to recover the alleged above-market interest payments they claim they were forced to make when the Corporation, Merrill Lynch and others allegedly discontinued supporting ARS. In addition, the plaintiffs who also purchased ARS seek to recover claimed losses in the market value of those securities allegedly caused by the decision of the financial institutions to discontinue supporting auctions for the securities. These plaintiffs seek treble damages and seek to rescind at par their purchases of ARS. <i>Mayfield</i> is filed on behalf of a class of persons who acquired ARS directly from defendants and who held those securities as of February 13, 2008. Plaintiffs seek to recover alleged losses in the market value of ARS allegedly caused by the decision of the Corporation and Merrill Lynch and others to discontinue supporting auctions for the securities. Plaintiffs seek treble damages and seek to rescind at par their purchases of ARS. On January 15, 2009, defendants, including the Corporation and Merrill Lynch, filed a motion to dismiss the complaints. On January 25, 2010, the District Court dismissed the two cases with prejudice.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Since October 2007, numerous arbitrations and individual lawsuits have been filed against the Corporation, BANA, BAS, BAI, MLPF&S and in some cases Merrill Lynch by parties who purchased ARS. Plaintiffs in these cases, which assert substantially the same types of claims, allege that defendants manipulated the market for, and failed to disclose material facts about, ARS. Plaintiffs seek compensatory and punitive damages totaling in excess of $2.6 billion as well as rescission, among other relief.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Countrywide Bond Insurance Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On September 30, 2008, Countrywide Financial Corporation (CFC) and other Countrywide entities were named as defendants in an action filed by MBIA Insurance Corporation (MBIA), entitled <i>MBIA Insurance Corporation, Inc. v. Countrywide Home Loans, et al</i>., in New York Supreme Court, New York County. The action relates to bond insurance policies provided by MBIA with regard to certain securitized pools of home equity lines of credit and fixed-rate second lien mortgage loans. MBIA allegedly has paid claims as a result of defaults in the underlying loans, and claims that these defaults are the result of improper underwriting. On August 24, 2009, MBIA filed an amended complaint in the action, which includes allegations regarding five additional securitizations, and adds the Corporation and Countrywide Home Loans Servicing, LP as defendants. The amended complaint alleges misrepresentation and breach of contract, among other claims, and seeks unspecified actual and punitive damages, and attorneys’ fees from the Countrywide defendants and from the Corporation as an alleged successor to the Countrywide defendants. On October 9, 2009, the Corporation and the Countrywide defendants filed a motion to dismiss certain claims asserted in the amended complaint.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 28, 2009, Syncora Guarantee Inc. (Syncora) filed suit, entitled <i>Syncora Guarantee Inc. v. Countrywide Home Loans, Inc., et al</i>., in New York Supreme Court, New York County against CFC and certain other Countrywide entities. The action relates to bond insurance policies provided by Syncora with regard to certain securitized pools of home equity lines of credit. Syncora allegedly has paid claims as a result of defaults in the underlying loans, and claims that these defaults are the result of improper loan underwriting. The complaint alleges misrepresentation and breach of contract, among other claims, and seeks unspecified actual and punitive damages, and attorneys’ fees. The defendants have moved to dismiss certain of the claims.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On July 10, 2009, MBIA filed a complaint, entitled <i>MBIA Insurance Corporation, Inc. v. Bank of America Corporation, Countrywide Financial Corporation, Countrywide Home Loans, Inc., Countrywide Securities Corporation, et al.,</i> in Superior Court of the State of California, County of Los Angeles, against the Corporation, CFC, various Countrywide entities and other individuals and entities. MBIA, which amended the complaint on November 3, 2009, purports to bring the action as subrogee to the note holders for certain securitized pools of home equity lines of credit and fixed-rate second lien mortgage loans. The complaint is based upon the same allegations set forth in the complaints filed in the <i>MBIA Insurance Corporation Inc., v. Countrywide Home Loan et al.,</i> action and asserts claims for, among other things, misrepresentation, breach of contract, and violations of certain California statutes. The complaint seeks unspecified damages and declaratory relief. On December 4, 2009, the Corporation and various defendants filed demurrers in response to the amended complaint.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On December 11, 2009, Financial Guaranty Insurance Company (FGIC) filed a complaint, entitled <i>Financial Guaranty Insurance Co., v. Countrywide Home Loans, Inc</i>., in New York Supreme Court, New York County, against Countrywide Home Loans, Inc. The action relates to bond insurance policies provided by FGIC with regard to certain securitized pools of home equity lines of credit and fixed-rate second lien mortgage loans. FGIC allegedly has paid claims as a result of defaults in the underlying loans, and claims that these defaults are the result of improper loan underwriting. The complaint alleges misrepresentation and breach of contract, among other claims, and seeks unspecified actual and punitive damages, and attorneys’ fees.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Countrywide Equity and Debt Securities Matters</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">CFC, certain other Countrywide entities, and certain former officers and directors of CFC, among others, have been named as defendants in two putative class actions filed in the U.S. District Court for the Central District of California relating to certain CFC equity and debt securities. One case, entitled <i>In re Countrywide Financial Corp. Securities Litigation</i>, was filed on January 25, 2008 by certain New York state and municipal pension funds on behalf of purchasers of CFC’s common stock and certain other equity and debt securities. The complaint alleges, among other things, that CFC made misstatements (including in certain SEC filings) concerning the nature and quality of its loan underwriting practices and its financial results, in violation of the antifraud provisions of the Securities Exchange Act of 1934 and Sections 11 and 12 of the Securities Act of 1933. Plaintiffs also assert claims against BAS, MLPF&S and other underwriter defendants under Sections 11 and 12 of the Securities Act of 1933. Plaintiffs seek unspecified compensatory damages, among other remedies. On December 1, 2008, the court granted in part and denied in part the defendants’ motions to dismiss the first consolidated amended complaint, with leave to amend certain claims. Plaintiffs filed a second consolidated amended complaint. On April 6, 2009, the District Court denied the motions to dismiss the amended complaint made by CFC and the underwriters. On December 9, 2009, the District Court granted in part and denied in part plaintiffs’ motion for class certification. On December 23, 2009, defendants sought interlocutory appeal of certain aspects of the District Court’s class certification decision. Trial is scheduled for August 2010.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The other case, entitled <i>Argent Classic Convertible Arbitrage Fund L.P. v. Countrywide Financial Corp. et al.</i>, was filed in the U.S. District Court for the Central District of California on October 5, 2007 against CFC on behalf of purchasers of certain Series A and B debentures issued in various private placements pursuant to a May 16, 2007 CFC offering memorandum. This matter involves allegations similar to those in the <i>In re Countrywide Financial Corporation Securities Litigation</i> case, asserts claims under the antifraud provisions of the Securities Exchange Act of 1934 and California state law, and seeks unspecified damages. Plaintiff filed an amended complaint that added the Corporation as a defendant. On March 9, 2009, the District Court dismissed the Corporation from the case; CFC remains as a named defendant. On December 9, 2009, the District Court denied plaintiff’s motion for class certification. CFC and Argent Classic, on its own behalf, have reached a settlement in principle to dismiss the case with prejudice subject to execution of a definitive settlement agreement. Trial is scheduled for July 2010.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">CFC has also responded to subpoenas from the SEC and the U.S. Department of Justice (the DOJ).</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Countrywide FTC Investigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On June 20, 2008, the Federal Trade Commission (FTC) issued Civil Investigative Demands to CFC regarding Countrywide’s mortgage servicing practices. On January 6, 2010, FTC Staff sent a letter to the Corporation offering an opportunity to discuss settlement and enclosing a proposed consent order and draft complaint that reflects FTC Staff’s views that certain servicing practices of Countrywide Home Loans, Inc., and Countrywide Home Loans Servicing, LP, which is now known as BAC Home Loans Servicing, LP, violate Section 5 of the Federal Trade Commission Act (the FTC Act) and the Fair Debt Collection Practices Act. FTC Staff also advised that if consent negotiations are not successful, it will recommend that an enforcement action seeking injunctive relief and consumer redress be filed against Countrywide Home Loans, Inc. and BAC Home Loans Servicing, LP for violations of Section 5 of the FTC Act and the Fair Debt Collections Practices Act. The Corporation believes that the servicing practices of Countrywide Home Loans, Inc. and BAC Home Loans Servicing, LP did not and do not violate Section 5 of the FTC Act and the Fair Debt Collections Practices Act. The Corporation is currently involved in discussions with FTC Staff concerning the Staff’s views.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Countrywide Mortgage-Backed Securities Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">CFC, certain other Countrywide entities, certain former CFC officers and directors, as well as BAS and MLPF&S, are named as defendants in a consolidated putative class action, entitled <i>Luther v. Countrywide Home Loans Servicing LP, et al</i>., filed on November 14, 2007 in the Superior Court of the State of California, County of Los Angeles, that relates to public offerings of various MBS. The consolidated complaint alleges, among other things, that the mortgage loans underlying these securities were improperly underwritten and failed to comply with the guidelines and processes described in the applicable registration statements and prospectus supplements, in violation of Sections 11 and 12 of the Securities Act of 1933, and seeks unspecified compensatory damages, among other relief. In March 2009, defendants moved to dismiss the case in the</font> <font style="FONT-FAMILY: ARIAL" size="1">Superior Court. On June 15, 2009, the Superior Court entered an order staying the state court proceeding and directing the plaintiffs to file suit in Federal Court. On August 24, 2009, the plaintiffs filed a complaint in the U.S. District Court for the Central District of California seeking a declaratory judgment that the Superior Court had subject matter jurisdiction over their claims. The District Court dismissed the declaratory judgment action. On January 6, 2010, the Superior Court lifted the stay entered on June 15, 2009 and dismissed plaintiffs’ consolidated complaint with prejudice for lack of subject matter jurisdiction. On January 14, 2010, one of the plaintiffs in the <i>Luther case</i>, the Maine State Retirement System, filed a new putative class action complaint in the U.S. District Court for the Central District of California entitled <i>Maine State Retirement System v. Countrywide Financial Corporation, et al</i>. The complaint names CFC, certain other Countrywide entities, certain former CFC officers and directors, as well as BAS and MLPF&S as defendants. Plaintiff’s allegations, claims and remedies sought are substantially similar and concern the same offerings of MBS at issue in the <i>Luther case</i> that was dismissed by the Superior Court.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On August 15, 2008, a complaint, entitled <i>New Mexico State Investment Council, et al. v. Countrywide Financial Corporation, et al</i>., was filed in the First Judicial Court for the County of Santa Fe against CFC, certain other CFC entities and certain former officers and directors of CFC by three New Mexico governmental entities that allegedly acquired certain of the MBS also at issue in the <i>Luther case</i>. The complaint initially asserted claims under the Securities Act of 1933 and New Mexico state law and seeks unspecified compensatory damages and rescission. On March 25, 2009, the court denied the motion to dismiss the complaint. The individual defendants were dismissed based on lack of personal jurisdiction. On November 13, 2009, plaintiffs voluntarily dismissed the New Mexico state law claims. Trial is scheduled for October 2010.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On October 13, 2009, the Federal Home Loan Bank of Pittsburgh (FHLB Pittsburgh) filed a complaint, entitled <i>Federal Home Loan Bank of Pittsburgh v. Countrywide Securities Corporation et al.</i>, in the Court of Common Pleas of Allegheny County Pennsylvania against CFC, Countrywide Securities Corporation (CSC), Countrywide Home Loans, Inc., CWALT, Inc. and CWMBS, Inc., among other defendants, alleging violations of the Securities Act of 1933 and the Pennsylvania Securities Act of 1972, as well as fraud and negligent misrepresentation under Pennsylvania common law in connection with various offerings of MBS. The complaint asserts, among other things, misstatements and omissions concerning the credit quality of the mortgage loans underlying the securities and the loan origination practices associated with those loans and seeks unspecified damages and rescission, among other relief. The Countrywide defendants moved to dismiss the complaint on February 26, 2010.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On December 23, 2009, the Federal Home Loan Bank of Seattle (FHLB Seattle) filed three complaints in the Superior Court of Washington for King County alleging violations of the Securities Act of Washington in connection with various offerings of MBS and makes allegations similar to those in the FHLB Pittsburgh matter. The complaints seek rescission, interest, costs and attorneys’ fees. The case, entitled <i>Federal Home Loan Bank of Seattle v. Banc of America Securities LLC, et al</i>., was filed against CFC, CWALT, Inc., BAS, Banc of America Funding Corporation, and the Corporation. The case, entitled <i>Federal Home Loan Bank of Seattle v. Countrywide Securities Corporation, et al</i>., was filed against CFC, CSC, CWALT, Inc., Merrill Lynch Mortgage Investors, Inc., and Merrill Lynch Mortgage Capital, Inc. The case, entitled <i>Federal Home Loan Bank of Seattle v. UBS Securities LLC, et al</i>., was filed against CFC, CWMBS, Inc., CWALT, Inc., and UBS Securities LLC.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Data Treasury Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation and BANA were named as defendants in two cases filed by Data Treasury Corporation (Data Treasury) in the U.S. District Court for the Eastern District of Texas. In one case filed on June 25, 2005 (Ballard), Data Treasury alleged that defendants “provided, sold, installed, utilized, and assisted others to use and utilize image-based banking and archival solutions” in a manner that infringed United States Patent Nos. 5,910,988 and 6,032,137. In the other case filed on February 24, 2006 (Huntington), Data Treasury alleged that the Corporation and BANA, along with LaSalle Bank Corporation and LaSalle Bank, N.A., were “making, using, selling, offering for sale, and/or importing into the United States, directly, contributory, and/or by inducement, without authority, products and services that fall within the scope of the claims of” United States Patent Nos. 5,265,007; 5,583,759; 5,717,868; and 5,930,778. The Huntington case also claimed infringement against the LaSalle defendants of the patents at issue in the Ballard case. The Ballard and Huntington cases are now consolidated in the <i>Data Treasury Corporation v. Wells Fargo, et al</i>., action, although the claims related to the Huntington patents are currently stayed. Data Treasury seeks significant compensatory damages and equitable relief in the Ballard case and unspecified compensatory damages and injunctive relief in the Huntington case. The District Court has scheduled the Ballard case for trial in October 2010.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Enron Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On April 8, 2002, Merrill Lynch and MLPF&S were added as defendants in a consolidated class action, entitled <i>Newby v. Enron Corp. et al.</i>, filed in the U.S. District Court for the Southern District of Texas on behalf of certain purchasers of Enron’s publicly traded equity and debt securities. The complaint alleges, among other things, that Merrill Lynch and MLPF&S engaged in improper transactions that helped Enron misrepresent its earnings and revenues. On March 5, 2009, the District Court granted Merrill Lynch and MLPF&S’s motion for summary judgment and dismissed the claims against Merrill Lynch and MLPF&S with prejudice. Subsequently, the lead plaintiff, Merrill Lynch and certain other defendants filed a motion to dismiss and for entry of final judgment. The District Court granted the motion on December 2, 2009 and dismissed all claims against Merrill Lynch and MLPF&S with prejudice.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Heilig-Meyers Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">In <i>AIG Global Securities Lending Corp., et al. v. Banc of America Securities LLC</i>, filed on December 7, 2001 and formerly pending in the U.S. District Court for the Southern District of New York, the plaintiffs purchased ABS issued by a trust formed by Heilig-Meyers Co., and allege that BAS, as underwriter, made misrepresentations in connection with the sale of those securities in violation of the federal securities laws and New York common law. The case was tried and a jury rendered a verdict against BAS in favor of the plaintiffs for violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 and for common law fraud. The jury awarded aggregate compensatory damages of $84.9 million plus prejudgment interest totaling approximately $59 million. On May 14, 2009, the District Court denied BAS’s post trial motions to set aside the verdict. BAS has filed an appeal in the U.S. Court of Appeals for the Second Circuit.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">IndyMac Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On January 20, 2009, BAS and MLPF&S, in their capacity as underwriters, along with IndyMac MBS, IndyMac ABS, and other underwriters and individuals, were named as defendants in a putative class action complaint, entitled <i>IBEW Local 103 v. Indymac MBS et al</i>., filed in the Superior Court of the State of California, County of Los Angeles, by purchasers of IndyMac mortgage pass-through certificates. The complaint</font> <font style="FONT-FAMILY: ARIAL" size="1">alleges, among other things, that the mortgage loans underlying these securities were improperly underwritten and failed to comply with the guidelines and processes described in the applicable registration statements and prospectus supplements, in violation of Sections 11 and 12 of the Securities Act of 1933, and seeks unspecified compensatory damages and rescission, among other relief.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On May 14, 2009, the Corporation (as the alleged successor-in-interest to MLPF&S), CSC, IndyMac MBS, IndyMac ABS, and other underwriters and individuals, were named as defendants in a putative class action complaint, entitled <i>Police & Fire Retirement System of the City of Detroit v. IndyMac MBS, Inc., et al</i>., filed in the U.S. District Court for the Southern District of New York. On June 29, 2009, the Corporation (as the alleged successor-in-interest to CSC and MLPF&S) and other underwriters and individuals were named as defendants in another putative class action complaint, entitled <i>Wyoming State Treasurer, et al. v. John Olinski, et al</i>., also filed in the U.S. District Court for the Southern District of New York. The allegations, claims, and remedies sought in these cases are substantially similar to those in the <i>IBEW Local 103</i> case. On July 29, 2009, <i>Police & Fire Retirement System</i> and <i>Wyoming State Treasurer</i> were consolidated by the U.S. District Court for the Southern District of New York and a consolidated amended complaint was filed on October 9, 2009. The consolidated complaint named the Corporation as a defendant based on allegations that the Corporation is the “successor-in-interest” to CSC and MLPF&S. BAS and CSC were not named as defendants. Prior to the consolidation of these matters, the <i>IBEW Local 103</i> case was voluntarily dismissed by plaintiffs and its allegations and claims were incorporated into the consolidated amended complaint. A motion to dismiss the consolidated amended complaint was filed on November 23, 2009.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">In re Initial Public Offering Securities Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Beginning in 2001, BAS, Merrill Lynch, MLPF&S, other underwriters, and various issuers and others, were named as defendants in certain putative class action lawsuits that have been consolidated in the U.S. District Court for the Southern District of New York as <i>In re Initial Public Offering Securities Litigation</i>. Plaintiffs contend that the defendants failed to make certain required disclosures and manipulated prices of securities sold in initial public offerings through, among other things, alleged agreements with institutional investors receiving allocations to purchase additional shares in the aftermarket and seek unspecified damages. On December 5, 2006, the U.S. Court of Appeals for the Second Circuit reversed the District Court’s order certifying the proposed classes. On September 27, 2007, plaintiffs filed a motion to certify modified classes, which defendants opposed. On October 10, 2008, the District Court granted plaintiffs’ request to withdraw without prejudice their class certification motion. The parties agreed to settle the matter in an amount that is not material to the Corporation’s Consolidated Financial Statements and, on October 5, 2009, the District Court granted final approval of the settlement. Certain objectors to the settlement have filed an appeal of the District Court’s certification of the settlement class to the U.S. Court of Appeals for the Second Circuit.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Interchange and Related Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation, BANA, BA Merchant Services LLC (f/k/a National Processing, Inc.) and MBNA America Bank, N.A. are defendants in putative class actions filed on behalf of retail merchants that accept Visa and MasterCard payment cards. Additional defendants include Visa, MasterCard, and other financial institutions. Plaintiffs seeking unspecified treble damages and injunctive relief, allege that the defendants conspired to fix the level of interchange and merchant discount fees and that certain other practices, including various Visa and MasterCard rules, violate federal and California antitrust laws. The class actions, the first of which was filed on June 22, 2005, are coordinated for pre-trial proceedings in the U.S. District Court for the Eastern District of New York, together with individual actions brought only against Visa and MasterCard, under the caption <i>In Re Payment Card Interchange Fee and Merchant Discount Anti-Trust Litigation</i>. On January 8, 2008, the District Court dismissed all claims for pre-2004 damages. On May 8, 2008, plaintiffs filed a motion for class certification, which the defendants opposed. On January 29, 2009, the class plaintiffs filed a second amended consolidated complaint.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The class plaintiffs have also filed two supplemental complaints against certain defendants, including the Corporation, BANA, BA Merchant Services LLC (f/k/a National Processing, Inc.) and MBNA America Bank, N.A., relating to MasterCard’s 2006 initial public offering (MasterCard IPO) and Visa’s 2008 initial public offering (Visa IPO). The supplemental complaints, which seek unspecified treble damages and injunctive relief, assert, among other things, claims under federal antitrust laws. On November 25, 2008, the District Court granted defendants’ motion to dismiss the supplemental complaint relating to the MasterCard IPO, with leave to amend. On January 29, 2009, plaintiffs amended the MasterCard IPO supplemental complaint and also filed a supplemental complaint relating to the Visa IPO.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Defendants have filed motions to dismiss the second amended consolidated complaint and the MasterCard IPO and Visa supplemental complaints.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation and certain of its affiliates have entered into agreements with Visa and other financial institutions that provide for sharing liabilities in connection with certain antitrust litigation against Visa, including the Interchange case (the Visa-Related Litigation). Under these agreements, the Corporation’s obligations to Visa in the Visa-Related Litigation are capped at the Corporation’s membership interest in Visa USA, which currently is 12.9 percent. Under these agreements, Visa Inc. placed a portion of the proceeds from the Visa IPO into an escrow to fund liabilities arising from the Visa-Related Litigation, including the 2008 settlement of <i>Discover Financial Services v. Visa USA, et al</i>. and the 2007 settlement of <i>American Express Travel Related Services Company v. Visa USA, et al</i>. Since the Visa IPO, Visa Inc. has added funds to the escrow, which has the effect of repurchasing Visa Inc. Class A common stock equivalents from the Visa USA members, including the Corporation.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Lehman Brothers Holdings, Inc. Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Beginning in September 2008, BAS, MLPF&S, CSC and LaSalle Financial Services Inc., along with other underwriters and individuals, were named as defendants in several putative class action complaints filed in the U.S. District Court for the Southern District of New York and state courts in Arkansas, California, New York and Texas. Plaintiffs allege that the underwriter defendants violated Sections 11 and 12 of the Securities Act of 1933 by making false or misleading disclosures in connection with various debt and convertible stock offerings of Lehman Brothers Holdings, Inc. and seek unspecified damages. All cases against the defendants have now been transferred or conditionally transferred to the multi-district litigation captioned <i>In re Lehman Brothers Securities and ERISA Litigation</i> pending in the U.S. District Court for the Southern District of New York. BAS, MLPF&S and other defendants moved to dismiss the consolidated amended complaint.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Lehman Set-off Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On November 26, 2008, BANA commenced an adversary proceeding against Lehman Brothers Holdings, Inc. (LBHI) and Lehman Brothers Special Financing, Inc. (LBSF) in LBHI’s and LBSF’s Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of New York. In the adversary proceeding, BANA is seeking a declaration that it properly set-off funds held in Lehman deposit accounts against monies owed to BANA by LBSF and LBHI under various derivatives and guarantee agreements. LBSF and LBHI answered the complaint, and LBHI filed counterclaims against BANA and Bank of America Trust and Banking Corporation (Cayman) Limited (BofA Cayman) on January 2, 2009, alleging that BANA’s set-off was improper and violated the automatic stay in bankruptcy. LBHI’s counterclaims sought among other relief, the return of the set-off funds. BANA and BofA Cayman filed their answer to LBHI’s counterclaims, which denied the material allegations of the counterclaims, on February 9, 2009. On July 23, 2009, LBHI voluntarily dismissed its counterclaims against BofA Cayman, but BANA remains a defendant. On September 14, 2009, LBHI, LBSF and BANA submitted cross-motions for summary judgment.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Lyondell Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On July 23, 2009, an adversary proceeding, entitled <i>Official Committee of Unsecured Creditors v. Citibank, N.A., et al</i>., was filed in the U.S. Bankruptcy Court for the Southern District of New York. This adversary proceeding, in which MLPF&S, Merrill Lynch Capital Corporation and more than 50 other individuals and entities were named as defendants, relates to ongoing Chapter 11 bankruptcy proceedings in <i>In re Lyondell Chemical Company, et al</i>. The plaintiff in the adversary proceeding, the Official Committee of Unsecured Creditors of Lyondell Chemical Company (the Committee), alleged in its complaint that certain loans made and liens granted in connection with the December 20, 2007 merger between Lyondell Chemical Company and Basell AF S.C.A. were avoidable fraudulent transfers under state and federal fraudulent transfer laws. MLPF&S is named as a defendant in its capacity as: (i) a joint lead arranger under a senior credit facility and individually as lender thereunder; and (ii) a joint lead arranger under a bridge loan facility and individually as lender thereunder. Merrill Capital Corporation is named as a defendant in its capacity as: (i) a joint lead arranger under the senior credit facility and individually as lender thereunder; and (ii) administrative agent under the bridge loan facility. The Committee sought both to avoid the obligations under the loans made under the facilities and to recover fees and interest paid in connection therewith. The Committee also sought unspecified damages from MLPF&S for allegedly aiding and abetting a breach of fiduciary duty in connection with its role as advisor to Basell’s parent company, Access Industries.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On October 1, 2009, a second adversary proceeding, entitled <i>The Wilmington Trust Co. v. LyondellBasell Industries AF S.C.A., et al</i>., was filed in the U.S. Bankruptcy Court for the Southern District of New York. This adversary proceeding, in which MLPF&S, Merrill Lynch Capital Corporation and Merrill Lynch International Bank Limited (MLIB) along with more than 70 other entities are named defendants, was filed by the successor trustee for holders of certain Lyondell senior notes, and asserts causes of action for declaratory judgment, breach of contract, and equitable subordination. The complaint alleges that the 2007 leveraged buyout of Lyondell violated a 2005 intercreditor agreement executed in connection with the August 2005 issuance of the Lyondell senior notes and therefore asks the Bankruptcy Court to declare the 2007 intercreditor agreement, and specifically the debt priority provisions contained therein, null and void. The breach of contract action, brought against Merrill Lynch Capital Corporation and one other entity as signatories to the 2005 intercreditor agreement, seeks unspecified damages. The equitable subordination action is brought against all defendants and seeks to subordinate the bankruptcy claims of those defendants to the claims of the holders of the Lyondell senior notes. A motion to dismiss this complaint was filed.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On February 16, 2010, certain defendants, including MLPF&S, Merrill Lynch Capital Corporation and MLIB, advised the Bankruptcy Court that they have reached a settlement in principal with the Lyondell debtors in bankruptcy, the Committee and Wilmington Trust that would dispose of all claims asserted against MLPF&S, Merrill Lynch Capital Corporation and MLIB in these adversary proceedings. This settlement is not material to the Corporation’s Consolidated Financial Statements and is subject to Bankruptcy Court approval.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">MBIA Insurance Corporation CDO Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On April 30, 2009, MBIA and LaCrosse Financial Products, LLC filed a complaint against MLPF&S and Merrill Lynch International, entitled <i>MBIA Insurance Corporation and LaCrosse Financial Products LLC, v. Merrill Lynch Pierce Fenner & Smith, Inc., et al</i>., in New York Supreme Court, New York County. The complaint relates to certain credit default swap (CDS) agreements and insurance agreements by which plaintiffs provided credit protection to the Merrill Lynch entities and other parties on certain CDO securities held by them. Plaintiffs claim that the Merrill Lynch entities did not adequately disclose the credit quality and other risks of the CDO securities and underlying collateral. The complaint alleges claims for fraud, negligent misrepresentation and breach of contract, among other claims, and seeks rescission and unspecified compensatory and punitive damages, among other relief. Defendants filed a motion to dismiss on July 1, 2009.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Mediafiction Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Approximately a decade ago, MLIB acted as manager for a $284 million issuance of notes for an Italian library of movies, backed by the future flow of receivables to such movie rights. Mediafiction S.p.A (Mediafiction) was responsible for collecting payments in connection with the rights to the movies and forwarding the payments to MLIB for distribution to note holders. Mediafiction failed to make the required payments to MLIB and a declaration of bankruptcy under Italian law was made with respect to Mediafiction on March 9, 2006. On July 18, 2006, MLIB filed an opposition to have its claims recognized in the Mediafiction bankruptcy proceeding for amounts that Mediafiction failed to pay on the notes. Thereafter, Mediafiction filed a counterclaim alleging that the agreement between MLIB and Mediafiction was null and void and seeking return of the payments previously made by Mediafiction to MLIB. In October 2008, the Court of Rome granted Mediafiction’s counter claim against MLIB in the amount of $137 million. MLIB has appealed the ruling to the Court of Appeals of the Court of Rome.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Merrill Lynch Acquisition-related Matters</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Since January 2009, the Corporation and certain of its current and former officers and directors, among others, have been named as defendants in putative class actions, referred to as the securities actions, brought by shareholders alleging violations of federal securities laws in connection with certain public statements and the proxy statement with respect to the Corporation’s acquisition of Merrill Lynch (the Acquisition). Several of these actions have been consolidated and a consolidated amended class action complaint has been filed in the U.S. District Court for the Southern District of New York, as described below.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, several derivative actions, referred to as the derivative actions, have been filed against certain current and former directors and officers of the Corporation, and certain other parties, and the Corporation as nominal defendant, in the federal and state courts, as described below.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Other putative class actions, referred to as the ERISA actions, have been filed in the U.S. District Court for the Southern District of New York against the Corporation and certain of its current and former officers and directors seeking recovery for losses from the Bank of America 401(k) Plan pursuant to ERISA and a consolidated amended class action com plaint in these ERISA actions has been filed, as described below.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#4C4C4C" size="1"><b>In Re Bank of America Securities, Derivative & ERISA Litigation</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On June 10, 2009, the MDL Panel issued an order transferring the actions related to the Acquisition pending in federal courts outside the U.S. District Court for the Southern District of New York for coordinated or consolidated pretrial proceedings with the securities actions, ERISA actions, and derivative actions pending in the U.S. District Court for the Southern District of New York. The securities actions, ERISA actions and derivative actions have been separately consolidated and are now pending under the caption <i>In re Bank of America Securities, Derivative, and Employment Retirement Income Security Act (ERISA) Litigation</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On September 25, 2009, plaintiffs in the securities actions in the <i>In re Bank of America Securities, Derivative and Employment Retirement Income Security Act (ERISA) Litigation</i> filed a consolidated amended class action complaint. The amended complaint is brought on behalf of a purported class, which consists of purchasers of the Corporation’s common and preferred securities between September 15, 2008 and January 21, 2009, holders of the Corporation’s common stock or Series B Preferred Stock as of October 10, 2008 and purchasers of the Corporation’s common stock issued in the offering that occurred on or about October 7, 2008, and names as defendants the Corporation, Merrill Lynch and certain of their current and former directors, officers and affiliates. The amended complaint alleges violations of Sections 10(b), 14(a) and 20(a) of the Securities Exchange Act of 1934, and SEC rules promulgated thereunder, based on, among other things, alleged false statements and omissions related to: (i) the financial condition and 2008 fourth quarter losses experienced by the Corporation and Merrill Lynch; (ii) due diligence conducted in connection with the Acquisition; (iii) bonus payments to Merrill Lynch employees; and (iv) the Corporation’s contacts with government officials regarding the Corporation’s consideration of invoking the material adverse change clause in the merger agreement and the possibility of obtaining government assistance in completing the Acquisition. The amended complaint also alleges violations of Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 related to an offering of the Corporation’s common stock announced on or about October 6, 2008, and based on, among other things, alleged false statements and omissions related to bonus payments to Merrill Lynch employees and the benefits and impact of the Acquisition on the Corporation, and names BAS and MLPF&S, among others, as defendants on the Section 11 and 12(a)(2) claims. The amended complaint seeks unspecified damages and other relief. On November 24, 2009, the Corporation, BAS, Merrill Lynch, MLPF&S and the officer and director defendants moved to dismiss the consolidated amended class action complaint.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On October 9, 2009, plaintiffs in the derivative actions in the <i>In re Bank of America Securities, Derivative and Employment Retirement Income Security Act (ERISA) Litigation</i> filed a consolidated amended derivative and class action complaint. The amended complaint names as defendants certain of the Corporation’s current and former directors, officers and financial advisors, and certain of Merrill Lynch’s current and former directors and officers. The amended complaint alleges, among other things, that: (i) certain of the Corporation’s officers breached fiduciary duties by conducting an inadequate due diligence process surrounding the Acquisition, failing to make adequate disclosures regarding Merrill Lynch’s 2008 fourth quarter losses and an alleged agreement to permit Merrill Lynch to pay bonuses, and failing to invoke the material adverse change clause or otherwise renegotiate the Acquisition; (ii) certain of the Corporation’s officers and certain Merrill Lynch officers received incentive compensation that was inappropriate in view of the work performed and the results achieved and, therefore, that such person should return unearned compensation; (iii) certain of the Corporation’s officers and directors exposed the Corporation to significant liability under state and federal law and should be held responsible to the Corporation for contribution; (iv) certain Merrill Lynch officers and directors and certain financial advisors to the Corporation aided and abetted breaches of fiduciary duties by causing and/or assisting with the consummation of the Acquisition; and (v) certain of the Corporation’s officers and directors, certain of the Merrill Lynch officers and directors and certain of the Corporation’s financial advisors violated Section 14(a) of the Securities Exchange Act of 1934 and Rule 14a-9 promulgated thereunder by allegedly making material misrepresentations and/or material omissions in the proxy statement for the Acquisition and related materials and failing to update those materials to reflect, among other things, Merrill Lynch’s 2008 fourth quarter losses and Merrill Lynch’s ability and intention to pay bonuses to its employees in 2008. The amended complaint also purports to bring a direct class action claim for breach of a duty of full disclosure and complete candor by failing to correct or update disclosures made in the proxy statement for the Acquisition and for concealing an alleged agreement authorizing Merrill Lynch to pay bonuses. The direct claim is brought on behalf of a purported class of all persons who owned shares of the Corporation’s common stock as of October 10, 2008 and is brought against certain of the Corporation’s current and former officers and directors. The Corporation is named as a nominal defendant with respect to the derivative claims and is not named as a defendant in the direct class action claim. The amended complaint seeks an unspecified amount of monetary damages, equitable remedies, and other relief. On December 8, 2009, the Corporation, the officer and director defendants and the financial advisors moved to dismiss the consolidated amended derivative and class complaint. On February 8, 2010, the plaintiffs voluntarily dismissed their claims against each of the former Merrill Lynch officers and directors without prejudice.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On October 9, 2009, plaintiffs in the ERISA actions in the <i>In re Bank of America Securities, Derivative and Employment Retirement Income Security Act (ERISA) Litigation</i> filed a consolidated amended complaint for breaches of duty under ERISA. The amended complaint is brought on behalf of a purported class that consists of participants in the Corporation’s 401(k) Plan, the Corporation’s 401(k) Plan for Legacy Companies, the Countrywide Financial Corporation 401(k) Plan (collectively the 401(k) Plans), and the Corporation’s Pension Plan. The amended complaint names as defendants the Corporation, members of the Corporation’s Corporate Benefits Committee, members of the Compensation and Benefits Committee of the Corporation’s Board of Directors and certain of the Corporation’s current and former directors and officers. The amended complaint alleges violations of ERISA, based on, among other things: (i) an alleged failure to prudently and loyally manage the 401(k) Plans and Pension Plan by continuing to offer the Corporation’s common stock as an investment option or measure for participant contributions; (ii) an alleged failure to monitor the fiduciaries of the 401(k) Plans and Pension Plan; (iii) an alleged failure to provide complete and accurate information to the 401(k) Plans and Pension Plan participants with respect to the Merrill Lynch and Countrywide acquisitions and related matters; and (iv) alleged co-fiduciary liability for these purported fiduciary breaches. The amended complaint seeks an unspecified amount of monetary damages, equitable remedies, and other relief. On December 8, 2009, the Corporation and the officer and director defendants moved to dismiss the consolidated amended complaint.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#4C4C4C" size="1"><b>Other Acquisition-related Litigation</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Since January 21, 2009, the Corporation and certain of its current and former directors have been named as defendants in several putative class and derivative actions, including <i>Rothbaum v. Lewis, Southeastern Pennsylvania Transportation Authority v. Lewis, Tremont Partners LLC v.</i> <i>Lewis, Kovacs v. Lewis, Stern v. Lewis,</i> and <i>Houx v. Lewis</i>, brought by shareholders in the Delaware Court of Chancery alleging breaches of fiduciary duties in connection with the Acquisition. On April 27, 2009, the Delaware Court of Chancery consolidated the derivative actions under the caption <i>In re Bank of America Corporation Stockholder Derivative Litigation.</i> On April 30, 2009, the putative class claims in the actions, entitled <i>Stern v. Lewis</i> and <i>Houx v. Lewis</i>, were voluntarily dismissed without prejudice by order of the Chancery Court. On May 8, 2009, plaintiffs filed an amended consolidated complaint in the Chancery Court, asserting claims derivatively on behalf of the Corporation that the defendants breached their fiduciary duty of loyalty by, among other things, failing to make adequate disclosures regarding Merrill Lynch’s 2008 fourth quarter losses and bonuses paid to Merrill Lynch employees in 2008 and breached their fiduciary duty of loyalty and committed waste by failing to invoke the material adverse change clause in the merger agreement or otherwise renegotiate the Acquisition. The amended consolidated complaint seeks damages sustained as a result of the alleged wrongdoing, disgorgement of bonuses paid to the defendants and to the Corporation’s management team or to former Merrill Lynch executives, as well as attorneys’ fees and costs and other equitable relief. On June 19, 2009, the Corporation and the individual defendants filed motions to dismiss. On October 12, 2009, the Chancery Court denied defendants’ motions to dismiss.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On February 17, 2009, an additional derivative action, entitled <i>Cunniff v. Lewis, et al.</i>, was filed in North Carolina Superior Court. The complaint, which names certain of the Corporation’s current and former officers and directors as defendants and names the Corporation as a nominal defendant, alleges that defendants violated fiduciary duties in connection with the Acquisition by, among other things, failing to disclose: (i) the financial condition and 2008 fourth quarter losses experienced by Merrill Lynch and (ii) the extent of the due diligence conducted in connection with the Acquisition. The complaint also brings a cause of action for waste of corporate assets for, among other things, allegedly subjecting the Corporation to potential material liability for securities fraud. The complaint seeks unspecified damages and other relief. On October 6, 2009, the Superior Court granted defendants’ motion to stay the action in favor of derivative actions pending in the Delaware Court of Chancery.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On September 25, 2009, an alleged shareholder of the Corporation filed an action against the Corporation, and its then Chief Executive Officer in Superior Court of the State of California, San Francisco County. The complaint alleges state law causes of action for breach of fiduciary duty, misrepresentation and fraud in connection with plaintiff’s purchase of the Corporation’s common stock, based on alleged failures to disclose information regarding Merrill Lynch’s value. The action, entitled <i>Catalano v. Bank of America</i>, seeks unspecified damages and other relief. Defendants have removed the action to the U. S. District Court for the Northern District of California, and have requested that the MDL Panel transfer the action to the U.S. District Court for the Southern District of New York for coordinated or consolidated pre-trial proceedings with the related litigation pending in that Court. On December 11, 2009, defendants removed the action to the U.S. District Court for the Northern District of California. On February 5, 2010, the MDL Panel transferred the action to the U.S. District Court for the Southern District of New York for coordinated or consolidated pre-trial proceedings with the related litigation pending in that Court.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On December 22, 2009, the Corporation and certain of its officers were named in a purported class action filed in the U.S. District Court for the Southern District of New York, entitled <i>Iron Workers of Western Pennsylvania Pension Plan v. Bank of America Corp., et al</i>. The action is purportedly brought on behalf of all persons who purchased or acquired certain Corporation debt securities between September 15, 2008 and January 21, 2009 and alleges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and SEC rules promulgated thereunder, based on, among other things, alleged false statements and omissions related to: (i) the financial condition and 2008 fourth quarter losses experienced by the Corporation and Merrill Lynch; (ii) due diligence conducted in connection with the Acquisition; (iii) bonus payments to Merrill Lynch employees; and (iv) certain defendants’ contacts with government officials regarding the Corporation’s consideration of invoking the material adverse change clause in the merger agreement and the possibility of obtaining additional government assistance in completing the Acquisition. The complaint seeks unspecified damages and other relief. The parties in the securities actions in the <i>In re Bank of America Securities, Derivative and Employment Retirement Income Security Act (ERISA) Litigation</i> have requested that the District Court consolidate this action with their actions.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 13, 2010, the Corporation, Merrill Lynch and certain of the Corporation’s current and former officers and directors were named in a purported class action filed in the U.S. District Court for the Southern District of New York entitled <i>Dornfest v. Bank of America Corp., et al.</i> The action is purportedly brought on behalf of investors in Corporation option contracts between September 15, 2008 and January 22, 2009 and alleges that during the class period approximately 9.5 million Corporation call option contracts and approximately eight million Corporation put option contracts were already traded on seven of the Options Clearing Corporation exchanges. The complaint alleges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and SEC rules promulgated thereunder, based on, among other things, alleged false statements and omissions related to: (i) the financial condition and 2008 fourth quarter losses experienced by the Corporation and Merrill Lynch; (ii) due diligence conducted in connection with the Acquisition; (iii) bonus payments to Merrill Lynch employees; and (iv) certain defendants’ contacts with government officials regarding the Corporation’s consideration of invoking the material adverse change clause in the merger agreement and the possibility of obtaining additional government assistance in completing the Acquisition. The plaintiff class allegedly suffered damages because they invested in Corporation option contracts at allegedly artificially inflated prices and were adversely affected as the artificial inflation was removed from the market price of the securities. The complaint seeks unspecified damages and other relief. Plaintiffs in the securities actions in the <i>In re Bank of America Securities, Derivative and Employment Retirement Income Security Act (ERISA) Litigation</i> have requested that the District Court consolidate this action with their actions.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On February 17, 2010, an alleged shareholder of the Corporation filed a purported derivative action, entitled <i>Bahnmeier v. Lewis, et al</i>., in the U.S. District Court for the Southern District of New York. The complaint names as defendants certain of the Corporation’s current and former directors and officers, and one of Merrill Lynch’s former officers. The complaint alleges, among other things, that the individual defendants breached their fiduciary duties by failing to provide accurate and complete information to shareholders regarding, among other things: (i) the potential for litigation resulting from Countrywide’s lending practices and the risk posed to the Corporation’s capital levels as a result of Countrywide’s loan losses; (ii) the deterioration of Merrill Lynch’s financial condition during the fourth quarter of 2008, which was allegedly sufficient to trigger the material adverse change clause in the merger agreement with Merrill Lynch; (iii) the agreement to permit Merrill Lynch to pay up to $5.8 billion in bonuses to its employees; and (iv) the discussions with regulators in December 2008 concerning possibly receiving additional government assistance in completing the Acquisition. The complaint also asserts claims against the individual defendants for breach of fiduciary duty by failing to maintain adequate internal controls, unjust enrichment, abuse of control and gross mismanagement in connection with the supervision and management of the operations, business and disclosure controls of the Corporation. The Corporation is named as a nominal defendant only and no monetary relief is sought against it. The complaint seeks, among other things, an unspecified amount of monetary damages, equitable remedies and other relief.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#4C4C4C" size="1"><b>Regulatory Matters</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation and Merrill Lynch have also received and are responding to inquiries from a variety of regulators and governmental authorities relating to among other things: (i) the payment by Merrill Lynch of bonuses for 2008 and disclosures related thereto; (ii) disclosures relating to Merrill Lynch’s losses in the fourth quarter of 2008; (iii) disclosures relating to the Corporation’s consideration of whether there had been a material adverse change relating to Merrill Lynch and discussions with U.S. government officials in late December 2008; and (iv) the Acquisition and related proxy statement.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On August 3, 2009, the SEC filed a complaint against the Corporation, entitled <i>SEC v. Bank of America</i>, in the U.S. District Court for the Southern District of New York, alleging that the Corporation’s proxy statement filed on November 3, 2008 failed to disclose the discretionary incentive compensation that Merrill Lynch could award to its employees prior to completion of the Acquisition. On September 14, 2009, the District Court declined to approve a proposed consent judgment agreed to by the Corporation and the SEC. On October 9, 2009, the Corporation’s Board of Directors approved a limited waiver of the Corporation’s attorney-client and attorney work product privileges as to certain subject matters under investigation by the U.S. Congress, and federal and state regulatory authorities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 12, 2010, the SEC filed a second complaint against the Corporation, entitled <i>SEC v. Bank of America Corp.</i>, in the U.S. District Court for the Southern District of New York alleging that the Corporation violated the federal proxy rules for failing to disclose information concerning Merrill Lynch’s known and estimated losses prior to the shareholder vote on December 5, 2008, to approve the Acquisition. The SEC alleges that the Corporation was required to describe in its proxy and registration statement any material changes in Merrill Lynch’s affairs that were not already reflected in Merrill Lynch’s quarterly reports or certain other public filings, and to update shareholders on any “fundamental change” arising after the effective date of the registration statement. The SEC alleges that the Corporation’s failure to provide such an update violated Section 14(a) of the Securities Exchange Act of 1934 and Rule 14a-9 thereunder. The SEC is seeking an injunction against the Corporation to prohibit any future violations of Section 14(a) and Rule 14a-9, as well as an unspecified civil monetary penalty.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On February 1, 2010, the Corporation entered into a proposed settlement with the SEC to resolve all cases filed by the SEC relating to the Acquisition. Also, on February 4, 2010, the Corporation entered into an agreement with the Office of the Attorney General for the State of North Carolina (NC AG) to resolve all matters that are the subject of an investigation by that Office relating to the Acquisition. Under the terms of the proposed settlements, the Corporation agreed, without admitting or denying any wrongdoing, to pay $150 million as a civil penalty to be distributed to former Bank of America shareholders as part of the SEC’s Fair Fund program and a payment of $1 million to be made to the NC AG for its consumer protection purposes. The payment to the NC AG is not a penalty or a fine. As part of the settlements, the Corporation also agreed to implement a number of additional undertakings for a period of three years, including: engaging an independent auditor to perform an assessment and provide an attestation report on the effectiveness of the Corporation’s disclosure controls and procedures; furnishing management certifications signed by the CEO and CFO with respect to proxy statements; retaining disclosure counsel to the Audit Committee of the Corporation’s Board; adopting independence requirements beyond those already applicable for all members of the Compensation and Benefits Committee of the Board; continuing to retain an independent compensation consultant to the Compensation and Benefits Committee; implementing and disclosing written incentive compensation principles on the Corporation’s website and providing the Corporation’s shareholders with an advisory vote concerning any proposed changes to such principles; and providing the Corporation’s shareholders with an annual “say on pay” advisory vote regarding the compensation of senior executives. These proposed undertakings may be amended or modified in light of any new regulation or requirement that comes into effect during the three-year period and is applicable to the Corporation with respect to the same subject matter. On February 22, 2010, the District Court approved the settlement subject to the Corporation and the SEC making certain modifications to the settlement to require agreement between the SEC and the Corporation on the selection of the independent auditor and disclosure counsel and to clarify certain issues regarding the distribution of the civil penalty. The parties made the modifications and on February 24, 2010, the District Court entered the Consent Judgment encompassing the settlement terms.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On February 4, 2010, the Office of the New York State Attorney General (NY AG) filed a civil complaint in the Supreme Court of New York State, entitled <i>People of the State of New York v. Bank of America, et al</i>. The complaint names as defendants the Corporation and the Corporation’s former chief executive and chief financial officers, Kenneth D. Lewis, and Joseph L. Price, and alleges violations of Sections 352, 352-c(1)(a), 352-c(1)(c), and 353 of the New York General Business Law, commonly known as the Martin Act, and Section 63(12) of the New York Executive Law. The complaint is based on, among other things, alleged false statements and omissions and fraudulent practices related to: (i) the disclosure of Merrill Lynch’s financial condition and its interim and projected losses during the fourth quarter of 2008; (ii) the Corporation’s contacts with federal government officials regarding the Corporation’s consideration of invoking the material adverse effect clause in the merger agreement and the possibility of obtaining additional government assistance; (iii) the disclosure of the payment and timing of year-end incentive compensation to Merrill Lynch employees; and (iv) public statements regarding the due diligence conducted in connection with the Acquisition and positive statements regarding the Acquisition. The complaint seeks an unspecified amount in disgorgement, penalties, restitution, and damages and other equitable relief.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Merrill Lynch Subprime-related Matters</font></b></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#4C4C4C" size="1"><b>Louisiana Sheriffs’ Pension & Relief Fund v. Conway, et al.</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On October 3, 2008, a putative class action was filed against Merrill Lynch, Merrill Lynch Capital Trust I, Merrill Lynch Capital Trust II, Merrill Lynch Capital Trust III, MLPF&S (collectively the Merrill Lynch entities), and certain present and former Merrill Lynch officers and directors, and underwriters, including BAS, in New York Supreme Court, New York County. The complaint seeks relief on behalf of all persons who purchased or otherwise acquired debt securities issued by the Merrill Lynch entities pursuant to a shelf registration statement dated March 31, 2006. The complaint alleged that prospectuses misstated the financial condition of the Merrill Lynch entities and failed to disclose their exposure to losses from investments tied to subprime and other mortgages, as well as their liability arising from its participation in the ARS market. On October 22, 2008, the action was removed to the U.S. District Court for the Southern District of New York and on November 5, 2008 it was accepted as a related case to <i>In re Merrill Lynch & Co., Inc. Securities, Derivative, and ERISA Litigation</i>. On April 21, 2009, the parties reached an agreement in principle to settle the Louisiana Sheriff’s matter in an amount that is not material to the Corporation’s Consolidated Financial Statements and dismiss all claims with prejudice. On November 30, 2009, the U.S. District Court for the Southern District of New York granted final approval of the settlement.</font></p> <p style="MARGIN-TOP: 5px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#4C4C4C" size="1"><b>Connecticut Carpenters Pension Fund, et al. v. Merrill Lynch & Co., Inc., et al.; Iron Workers Local No. 25 Pension Fund v. Credit-Based Asset Servicing and Securitization LLC, et al.; Public Employees’ Ret. System of Mississippi v. Merrill Lynch & Co. Inc. et al.; Wyoming State Treasurer v. Merrill Lynch & Co. Inc.</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Beginning in December 2008, Merrill Lynch affiliated entities, including Merrill Lynch Mortgage Investors, Inc., and officers and directors of Merrill Lynch Mortgage Investors, Inc., and others were named in four putative class actions arising out of the underwriting and sale of more than $55 billion of MBS. The complaints alleged, among other things, that the relevant registration statements and accompanying prospectuses or prospectus supplements misrepresented or omitted material facts regarding the underwriting standards used to originate the mortgages in the mortgage pools underlying the MBS, the process by which the mortgage pools were acquired, and the appraisals of the homes secured by the mortgages. Plaintiffs seek to recover alleged losses in the market value of the MBS allegedly caused by the performance of the underlying mortgages or to rescind their purchases of the MBS. These cases were consolidated under the caption <i>Public Employees’ Ret. System of Mississippi v. Merrill Lynch & Co. Inc</i>. and, on May 20, 2009, a consolidated amended complaint was filed. On June 17, 2009, all defendants filed a motion to dismiss the consolidated amended complaint.</font></p> <p style="MARGIN-TOP: 5px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#4C4C4C" size="1"><b>Federal Home Loan Bank of Seattle Litigation</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On December 23, 2009, FHLB Seattle filed a complaint, entitled <i>Federal Home Loan Bank of Seattle v. Merrill Lynch, Pierce, Fenner & Smith, Inc., et al</i>., in the Superior Court of Washington for King County against MLPF&S, Merrill Lynch Mortgage Investors, Inc., and Merrill Lynch Mortgage Capital, Inc. The complaint alleges violations of the Securities Act of Washington in connection with the offering of various MBS and asserts, among other things, misstatements and omissions concerning the credit quality of the mortgage loans underlying the MBS and the loan origination practices associated with those loans. The complaint seeks rescission, interest, costs and attorneys’ fees.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch & Co., Inc. is cooperating with the SEC and other governmental authorities investigating subprime mortgage-related activities.</font></p> <p style="MARGIN-TOP: 5px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Montgomery</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On January 19, 2010, a putative class action entitled <i>Montgomery v. Bank of America, et al.</i>, was filed in the U.S. District Court for the Southern District of New York against the Corporation, BAS, MLPF&S and a number of its current and former officers and directors on behalf of all persons who acquired certain preferred stock offered pursuant to a shelf registration statement dated May 5, 2006, specifically two offerings dated January 24, 2008 and another dated May 20, 2008. The <i>Montgomery</i> complaint asserts claims under Sections 11, 12(a)(2), and 15 of the Securities Act of 1933, and alleges that the prospectus supplements associated with the offerings: (i) failed to disclose that the Corporation’s loans, leases, CDOs, and commercial MBS were impaired to a greater extent than disclosed; (ii) misrepresented the extent of the impaired assets by failing to establish adequate reserves or properly record losses for its impaired assets; and (iii) misrepresented the adequacy of the Corporation’s internal controls, and the Corporation’s capital base in light of the alleged impairment of its assets.</font></p> <p style="MARGIN-TOP: 5px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Municipal Derivatives Matters</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Antitrust Division of the DOJ, the SEC, and the Internal Revenue Service (IRS) are investigating possible anticompetitive bidding practices in the municipal derivatives industry involving various parties, including BANA, dating back to the early 1990s. The activities at issue in these industry-wide government investigations concern the bidding process for municipal derivatives that are offered to states, municipalities and other issuers of tax-exempt bonds. The Corporation has cooperated, and continues to cooperate, with the DOJ, the SEC and the IRS. On January 11, 2007, the Corporation entered into a Corporate Conditional Leniency Letter (the Letter) with DOJ. Under the Letter and subject to the Corporation’s continuing cooperation, the DOJ will not bring any criminal antitrust prosecution against the Corporation in connection with the matters that the Corporation reported to DOJ. Subject to satisfying the DOJ and the court presiding over any civil litigation of the Corporation’s cooperation, the Corporation is eligible for: (i) a limit on liability to single, rather than treble, damages in certain types of related civil antitrust actions; and (ii) relief from joint and several antitrust liability with other civil defendants.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On February 4, 2008, BANA received a Wells notice advising that the SEC staff is considering recommending that the SEC bring a civil injunctive action and/or an administrative proceeding against BANA “in connection with the bidding of various financial instruments associated with municipal securities.” An SEC action or proceeding could seek a permanent injunction, disgorgement plus prejudgment interest, civil penalties and other remedial relief. Merrill Lynch is also being investigated by the SEC and the DOJ concerning bidding practices in the municipal derivatives industry.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Beginning in March 2008, the Corporation, BANA and other financial institutions, including Merrill Lynch, have been named as defendants in complaints filed in federal courts in the District of Columbia, New York and elsewhere. Plaintiffs in those cases purport to represent classes of government and private entities that purchased municipal derivatives from defendants. The complaints allege that defendants conspired to allocate customers and fix or stabilize the prices of certain municipal derivatives from 1992 through the present. The plaintiffs’ complaints seek unspecified damages, including treble damages. These lawsuits were consolidated for pre-trial proceedings in the <i>In re Municipal Derivatives Antitrust Litigation</i>, pending in the U.S. District Court for the Southern District of New York. BANA, BAS, Merrill Lynch and other financial institutions have also been named in several related individual suits originally filed in California state courts on behalf of a number of cities and counties in California and asserting state law causes of action. All of these cases have been removed to the U.S. District Court for the Southern District of New York and are now part of <i>In re Municipal Derivatives Antitrust Litigation</i>. The amended complaints filed in these actions continue to allege a substantially similar conspiracy and now assert violations of the Sherman Act and California’s Cartwright Act. Six individual actions have been filed in the U.S. District Courts for the Eastern and Central Districts of California. All of these cases allege a substantially similar conspiracy and violations of the Sherman and Cartwright Acts, and seek unspecified damages, and in some cases, treble damages. All six cases are in the process of being transferred for consolidation in the <i>In re Municipal Derivatives Antitrust Litigation.</i></font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On September 3, 2009, BANA was sued by the West Virginia Attorney General on behalf of the State of West Virginia for the same conspiracy alleged in the <i>In re Municipal Derivatives Antitrust Litigation</i>. The suit was originally filed in the Circuit Court of Mason County, West Virginia. BANA removed the case to the U.S. District Court for the Southern District of West Virginia (Huntington Division). The State’s motion to remand is fully briefed. Upon removal, BANA noticed the State’s case as a tag-along action subject to transfer by the MDL Panel. The MDL Panel has issued a Conditional Transfer Order transferring the action to the U.S. District Court for the Southern District of New York. The State objected and filed a motion to vacate. That motion was denied on February 2, 2010.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Beginning in April 2008, the Corporation and BANA received subpoenas, interrogatories and/or civil investigative demands from a number of state attorneys general requesting documents and information regarding municipal derivatives transactions from 1992 through the present. The Corporation and BANA are cooperating with the state attorneys general.</font></p> <p style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Ocala Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On November 25, 2009, BANA was named as a defendant in two related lawsuits filed in the U.S. District Court for the Southern District of New York. In <i>BNP Paribas Mortgage Corporation v. Bank of America, N.A.</i> and <i>Deutsche Bank, AG v. Bank of America, N.A., plaintiffs assert breach of contract, negligence and indemnification claims in connection with BANA’s roles as, among other things, collateral agent, custodian and indenture trustee of Ocala Funding, LLC (Ocala). Ocala was a mortgage warehousing facility that provided funding to Taylor, Bean & Whitaker Mortgage Corp. (TBW) by issuing commercial paper and term securities backed by mortgage loans originated by TBW. Plaintiffs claim that they purchased in excess of $1.6 billion in securities issued by Ocala and that BANA allegedly failed, among other things, to protect the collateral backing plaintiffs’ securities. Plaintiffs seek unspecified compensatory damages, among other relief. On February 4, 2010, BANA moved to dismiss the complaints.</i></font></p> <p style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Parmalat Finanziaria S.p.A. Matters</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On December 24, 2003, Parmalat Finanziaria S.p.A. (Parmalat) was admitted into insolvency proceedings in Italy, known as “extraordinary administration.” The Corporation, through certain of its subsidiaries, including BANA, provided financial services and extended credit to Parmalat and its related entities. On June 21, 2004, Extraordinary Commissioner Dr. Enrico Bondi filed with the Italian Ministry of Production Activities a plan of reorganization for the restructuring of the companies of the Parmalat group that are included in the Italian extraordinary administration proceeding. In July 2004, the Italian Ministry of Production Activities approved the Extraordinary Commissioner’s restructuring plan, as amended, for the Parmalat group companies that are included in the Italian extraordinary administration proceeding. This plan was approved by the voting creditors and the Court of Parma, Italy in October of 2005.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Litigation and investigations relating to Parmalat are pending in both Italy and the United States.</font></p> <p style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#4C4C4C" size="1"><b>Proceedings in Italy</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On May 26, 2004, the Public Prosecutor’s Office for the Court of Milan, Italy filed criminal charges against Luca Sala, Luis Moncada, and Antonio Luzi, three former employees of the Corporation, alleging the crime of market manipulation in connection with a press release issued by Parmalat. On December 18, 2008, the Court of Milan, Italy fully acquitted each of the former employees of all charges. On June 17, 2009, the Public Prosecutor’s Office for the Court of Milan, Italy filed an appeal of the decision. The initial hearing date for the appeal is set for January 26, 2010. The Public Prosecutor’s Office also filed a related charge in May 2004 against the Corporation asserting administrative liability based on an alleged failure to maintain an organizational model sufficient to prevent the alleged criminal activities of its former employees. The trial on this administrative charge is ongoing, with hearing dates scheduled in 2010.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On July 31, 2009, the Public Prosecutor’s Office for the Court of Parma, Italy filed formal charges against 10 former employees and one current employee of the Corporation, alleging the commission of crimes of fraudulent bankruptcy, fraud, usury and embezzlement in connection with the insolvency of Parmalat. The first preliminary hearing was held on November 16, 2009, with further hearings in 2010.</font></p> <p style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#4C4C4C" size="1"><b>Proceedings in the United States</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">All cases listed herein have been transferred to the U.S. District Court for the Southern District of New York for coordinated pre-trial purposes under the caption <i>In re Securities Litigation Parmalat.</i></font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Since December 2003, certain purchasers of Parmalat-related private placement offerings have filed complaints against the Corporation and various related entities in the following actions: <i>Principal Global Investors,</i> <i>LLC, et al. v. Bank of America Corporation, et al</i>. in the U.S. District Court for the Southern District of Iowa; <i>Monumental Life Insurance Company, et</i></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1"><i>al. v. Bank of America Corporation, et al.</i> in the U.S. District Court for the Northern District of Iowa; <i>Prudential Insurance Company of America and</i> <i>Hartford Life Insurance Company v. Bank of America Corporation, et al</i>. in the U.S. District Court for the Northern District of Illinois; <i>Allstate Life Insurance Company v. Bank of America Corporation, et al</i>. in the U.S. District Court for the Northern District of Illinois; <i>Hartford Life Insurance v. Bank of America Corporation, et al.</i> in the U.S. District Court for the Southern District of New York; and <i>John Hancock Life Insurance Company, et al. v. Bank of America Corporation et al.</i> in the U.S. District Court for the District of Massachusetts. The actions variously allege violations of federal and state securities laws and state common law, and seek rescission and unspecified damages based upon the Corporation’s and related entities’ alleged roles in certain private placement offerings issued by Parmalat-related companies. The plaintiffs seek rescission and unspecified damages resulting from alleged purchases of approximately $305 million in private placement instruments.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On November 23, 2005, the Official Liquidators of Food Holdings Limited and Dairy Holdings Limited, two entities in liquidation proceedings in the Cayman Islands, filed a complaint, entitled <i>Food Holdings Ltd, et al. v. Bank of America Corp., et al.</i> (the Food Holdings Action), in the U.S. District Court for the Southern District of New York against the Corporation and several related entities. The complaint in the Food Holdings Action alleges that the Corporation and other defendants conspired with Parmalat in carrying out transactions involving the plaintiffs in connection with the funding of Parmalat’s Brazilian entities, and asserts claims for fraud, negligent misrepresentation, breach of fiduciary duty and other related claims. The complaint seeks in excess of $400 million in compensatory damages and interest, among other relief. A bench trial was held the week of September 14, 2009. On February 17, 2010, the District Court issued an Opinion and Order dismissing all of the claims.</font></p> <p style="MARGIN-TOP: 9px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Pender Litigation</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation is a defendant in a putative class action entitled <i>William L. Pender, et al. v. Bank of America Corporation, et al.</i> (formerly captioned <i>Anita Pothier, et al. v. Bank of America Corporation, et al.</i>), which is pending in the U.S. District Court for the Western District of North Carolina. The action, filed on June 30, 2004, is brought on behalf of participants in or beneficiaries of The Bank of America Pension Plan (formerly known as the NationsBank Cash Balance Plan) and The Bank of America 401(k) Plan (formerly known as the NationsBank 401(k) Plan). The Corporation, BANA, The Bank of America Pension Plan, The Bank of America 401(k) Plan, the Bank of America Corporation Corporate Benefits Committee and various members thereof, and PricewaterhouseCoopers LLP are defendants. The complaint alleges violations of ERISA, including that the design of The Bank of America Pension Plan violated ERISA’s defined benefit pension plan standards and that such plan’s definition of normal retirement age is invalid. In addition, the complaint alleges age discrimination by The Bank of America Pension Plan, unlawful lump sum benefit calculation, violation of ERISA’s “anti-backloading” rule, that certain voluntary transfers of assets by participants in The Bank of America 401(k) Plan to The Bank of America Pension Plan violated ERISA, and other related claims. The complaint alleges that plan participants are entitled to greater benefits and seeks declaratory relief, monetary relief in an unspecified amount, equitable relief, including an order reforming The Bank of America Pension Plan, attorneys’ fees and interest. On September 26, 2005, the bank defendants filed a motion to dismiss. On December 1, 2005, the plaintiffs moved to certify classes consisting of, among others, (i) all persons who accrued or who are currently accruing benefits under The Bank of America Pension Plan and (ii) all persons who elected to have amounts representing their account balances under The Bank of America 401(k) Plan transferred to The Bank of America Pension Plan.</font></p> </div> </us-gaap:CommitmentsAndContingenciesDisclosureTextBlock> | |||||||||||||||||||||
| <us-gaap:CommonStockDividendsPerShareCashPaid contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 0.04 </us-gaap:CommonStockDividendsPerShareCashPaid> | |||||||||||||||||||||
| <us-gaap:Communication contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 1420000000 </us-gaap:Communication> | |||||||||||||||||||||
| <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 370000000 </us-gaap:DeferredIncomeTaxExpenseBenefit> | |||||||||||||||||||||
| <us-gaap:DepositLiabilitiesDisclosuresTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 11 – Deposits</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation had domestic certificates of deposit and other domestic time deposits of $100 thousand or more totaling $99.4 billion and $136.6 billion at December 31, 2009 and 2008. Foreign certificates of deposit and other foreign time deposits of $100 thousand or more totaled $67.2 billion and $85.4 billion at December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Time deposits of $100 thousand or more</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="57%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Three months<br /> or less</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Over three months<br /> to twelve months</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Thereafter</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Domestic certificates of deposit and other time deposits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">44,723</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">45,651</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,058</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>99,432</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign certificates of deposit and other time deposits</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">62,473</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,488</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,282</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>67,243</b></font></td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the scheduled maturities for total time deposits were as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="74%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Domestic</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Foreign</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Due in 2010</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">174,731</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">72,507</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>247,238</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Due in 2011</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,511</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">402</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14,913</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Due in 2012</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,256</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">312</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,568</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Due in 2013</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,284</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">216</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,500</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Due in 2014</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,873</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">40</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,913</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Thereafter</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,282</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">342</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,624</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total time deposits</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">200,937</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">73,819</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>274,756</b></font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 18px"> </p> </div> </us-gaap:DepositLiabilitiesDisclosuresTextBlock> | |||||||||||||||||||||
| <us-gaap:DepreciationPremisesAndEquipment contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2336000000 </us-gaap:DepreciationPremisesAndEquipment> | |||||||||||||||||||||
| <us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 4 – Derivatives</b></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Derivative Balances</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Derivatives are held for trading, as economic hedges, or as qualifying accounting hedges<i>.</i> The Corporation enters into derivatives to facilitate client transactions, for proprietary trading purposes and to manage risk exposures. The following table identifies derivative instruments included on the Corporation’s Consolidated Balance Sheet in derivative assets and liabilities at December 31, 2009 and 2008. Balances are provided on a gross basis, prior to the application of the impact of counterparty and collateral netting. Total derivative assets and liabilities are adjusted on an aggregate basis to take into consideration the effects of legally enforceable master netting agreements and have been reduced by the cash collateral applied.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="34%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="25"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="23" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31, 2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="11" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Gross Derivative Assets</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="8" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Gross Derivative Liabilities</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in billions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Contract/<br /> Notional <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Trading<br /> Derivatives<br /> and<br /> Economic<br /> Hedges</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Qualifying<br /> Accounting<br /> Hedges <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Trading<br /> Derivatives<br /> and<br /> Economic<br /> Hedges</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Qualifying<br /> Accounting<br /> Hedges <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Interest rate contracts</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>45,261.5</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,121.3</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5.6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,126.9</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,105.0</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.8</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,105.8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Futures and forwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,842.1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7.1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6.1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,865.5</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>84.1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>84.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,626.7</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>84.1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>84.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Foreign exchange contracts</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>661.9</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23.7</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>28.3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27.3</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.5</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27.8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Spot, futures and forwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,750.8</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>24.6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.3</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>24.9</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25.6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25.7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>383.6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13.0</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>355.3</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12.7</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12.7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Equity contracts</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>58.5</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2.0</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2.0</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Futures and forwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>79.0</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3.0</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2.2</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2.2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>283.4</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25.1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.4</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25.5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>273.7</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27.3</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27.3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Commodity contracts</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>65.3</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6.9</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6.8</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6.8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Futures and forwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>387.8</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10.4</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10.4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9.6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9.6</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>54.9</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7.9</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7.9</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>50.9</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7.6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7.6</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Credit derivatives</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased credit derivatives:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Credit default swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,800.5</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>105.5</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>105.5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>45.2</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>45.2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total return swaps/other</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21.7</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.5</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.4</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written credit derivatives:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Credit default swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,788.8</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>44.1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>44.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>98.4</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>98.4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total return swaps/other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>33.1</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.8</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.8</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.1</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.1</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Gross derivative assets/liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,483.6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10.6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,494.2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,459.8</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.8</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,461.6</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Less: Legally enforceable master netting agreements</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,355.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,355.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Less: Cash collateral applied</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(58.4</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(62.8</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total derivative assets/liabilities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>80.7</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>43.7</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents the total contract/notional amount of the derivatives outstanding and includes both written and purchased credit derivatives.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Excludes $4.4 billion of long-term debt designated as a hedge of foreign currency risk.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="34%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="25"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="23" align="center"><font style="FONT-FAMILY: ARIAL" size="1">December 31, 2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: ARIAL" size="1">Gross Derivative Assets</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: ARIAL" size="1">Gross Derivative Liabilities</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in billions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Contract/<br /> Notional <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Trading<br /> Derivatives<br /> and<br /> Economic<br /> Hedges</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Qualifying<br /> Accounting<br /> Hedges <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Trading<br /> Derivatives<br /> and<br /> Economic<br /> Hedges</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Qualifying<br /> Accounting<br /> Hedges <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Interest rate contracts</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26,577.4</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,213.2</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.2</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,215.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,186.0</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,186.0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Futures and forwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,432.1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.1</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.9</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.9</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,731.1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">62.7</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">62.7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,656.6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">60.3</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">60.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Foreign exchange contracts</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">438.9</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17.5</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">21.1</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20.5</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.3</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">21.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Spot, futures and forwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,376.5</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">52.3</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">52.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51.3</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">199.8</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.5</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">175.7</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.0</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Equity contracts</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">34.7</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.8</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.0</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Futures and forwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14.1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.3</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.1</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">214.1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31.6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31.7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">217.5</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">32.6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">32.6</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Commodity contracts</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.4</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.1</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Futures and forwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9.6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.2</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.2</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.0</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17.6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.8</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased options</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15.6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.7</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Credit derivatives</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased credit derivatives:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Credit default swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,025.9</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">125.7</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">125.7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.4</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total return swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.8</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.2</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.2</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Written credit derivatives:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Credit default swaps</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,000.0</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.4</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">118.8</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">118.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total return swaps</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.2</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.4</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.4</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Gross derivative assets/liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,529.7</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.8</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,535.5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,498.0</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.4</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,499.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Less: Legally enforceable master netting agreements</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,438.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,438.4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Less: Cash collateral applied</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(34.8</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(30.3</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total derivative assets/liabilities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">62.3</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">30.7</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents the total contract/notional amount of the derivatives outstanding and includes both written and purchased credit derivatives.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Excludes $2.0 billion of long-term debt designated as a hedge of foreign currency risk.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>ALM and Risk Management Derivatives</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s ALM and risk management activities include the use of derivatives to mitigate risk to the Corporation including both derivatives that are designated as hedging instruments and economic hedges. Interest rate, commodity, credit and foreign exchange contracts are utilized in the Corporation’s ALM and risk management activities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation maintains an overall interest rate risk management strategy that incorporates the use of interest rate contracts to minimize significant fluctuations in earnings that are caused by interest rate volatility. The Corporation’s goal is to manage interest rate sensitivity so that movements in interest rates do not significantly adversely affect earnings. As a result of interest rate fluctuations, hedged fixed-rate assets and liabilities appreciate or depreciate in fair value. Gains or losses on the derivative instruments that are linked to the hedged fixed-rate assets and liabilities are expected to substantially offset this unrealized appreciation or depreciation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Interest rate contracts, which are generally non-leveraged generic interest rate and basis swaps, options, futures and forwards, are used by the Corporation in the management of its interest rate risk position. Non-leveraged generic interest rate swaps involve the exchange of fixed-rate and variable-rate interest payments based on the contractual underlying notional amount. Basis swaps involve the exchange of interest payments based on the contractual underlying notional amounts, where both the pay rate and the receive rate are floating rates based on differ ent indices. Option products primarily consist of caps, floors and swaptions. Futures contracts used for the Corporation’s ALM activities are primarily index futures providing for cash payments based upon the movements of an underlying rate index.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Interest rate and market risk can be substantial in the mortgage business. Market risk is the risk that values of mortgage assets or revenues will be adversely affected by changes in market conditions such as interest rate movements. To hedge interest rate risk in mortgage banking production income, the Corporation utilizes forward loan sale commitments and other derivative instruments including purchased options. The Corporation also utilizes derivatives such as interest rate options, interest rate swaps, forward settlement contracts and euro-dollar futures as economic hedges of the fair value of MSRs. For additional information on MSRs, see <i>Note 22 – Mortgage Servicing Rights</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation uses foreign currency contracts to manage the foreign exchange risk associated with certain foreign currency-denominated assets and liabilities, as well as the Corporation’s investments in foreign subsidiaries. Foreign exchange contracts, which include spot and forward contracts, represent agreements to exchange the currency of one country for the currency of another country at an agreed-upon price on an agreed-upon settlement date. Exposure to loss on these contracts will increase or decrease over their respective lives as currency exchange and interest rates fluctuate.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation enters into derivative commodity contracts such as futures, swaps, options and forwards as well as non-derivative commodity contracts to provide price risk management services to customers or to manage price risk associated with its physical and financial commodity positions. The non-derivative commodity contracts and physical inventories of commodities expose the Corporation to earnings volatility. Cash flow and fair value accounting hedges provide a method to mitigate a portion of this earnings volatility.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation purchases credit derivatives to manage credit risk related to certain funded and unfunded credit exposures. Credit derivatives include credit default swaps, total return swaps and swaptions. These derivatives are accounted for as economic hedges and changes in fair value are recorded in other income.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Derivatives Designated as Accounting Hedges</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation uses various types of interest rate, commodity and foreign exchange derivative contracts to protect against changes in the fair value of its assets and liabilities due to fluctuations in interest rates, exchange rates and commodity prices (fair value hedges). The Corporation also uses these types of contracts to protect against changes in the cash flows of its assets and liabilities, and other forecasted transactions (cash flow hedges). The Corporation hedges its net investment in consolidated foreign operations determined to have functional currencies other than the U.S. dollar using forward exchange contracts that typically settle in 90 days, cross-currency basis swaps, and by issuing foreign currency-denominated debt.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table summarizes certain information related to the Corporation’s derivatives designated as fair value hedges for 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="44%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="25"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="23" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Amounts Recognized in Income</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="9" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Derivative</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Hedged<br /> Item</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Hedge<br /> Ineffectiveness</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Derivative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Hedged<br /> Item</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Hedge<br /> Ineffectiveness</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Derivatives designated as fair value hedges</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Interest rate risk on long-term debt <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,858</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,082</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(776</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,340</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,143</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">197</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"><font style="FONT-FAMILY: ARIAL" size="1">Interest rate and foreign currency risk on long-term debt <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>932</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(858</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>74</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">294</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(444</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(150</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Interest rate risk on available-for-sale securities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">, 3</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>791</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,141</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(350</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">32</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(51</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(19</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Commodity price risk on commodity inventory <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">4</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(51</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>51</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>—</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,186</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,134</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,052</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,666</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,638</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">28</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts are recorded in interest expense on long-term debt.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts are recorded in interest income on AFS securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Measurement of ineffectiveness in 2009 includes $354 million of interest costs on short forward contracts. The Corporation considers this as part of the cost of hedging, and is offset by the fixed coupon receipt on the AFS security that is recognized in interest income on securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">4</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts are recorded in trading account profits (losses).</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">For 2007, hedge ineffectiveness recognized in net interest income was $55 million.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">= not applicable</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table summarizes certain information related to the Corporation’s derivatives designated as cash flow hedges and net investment hedges for 2009 and 2008. During the next 12 months, net losses in accumulated OCI of approximately $937 million ($590 million after-tax) on derivative instruments that qualify as cash flow hedges are expected to be reclassified into earnings. These net losses reclassified into earnings are expected to reduce net interest income related to the respective hedged items.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="37%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="12"></td> <td height="8" colspan="2"></td> <td height="8" colspan="12"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions, amounts pre-tax)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amounts<br /> Recognized<br /> in OCI on<br /> Derivatives</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amounts<br /> Reclassified<br /> from OCI<br /> into Income</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Hedge<br /> Ineffectiveness<br /> and Amount<br /> Excluded from<br /> Effectiveness<br /> Testing <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Amounts<br /> Recognized<br /> in OCI on<br /> Derivatives</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Amounts<br /> Reclassified<br /> from OCI<br /> into Income</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Hedge<br /> Ineffectiveness<br /> and Amount<br /> Excluded from<br /> Effectiveness<br /> Testing <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Derivatives designated as cash flow hedges</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"><font style="FONT-FAMILY: ARIAL" size="1">Interest rate risk on variable rate portfolios <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2, 3, 4, 5)</sup></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>579</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,214</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>71</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(82</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,334</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Commodity price risk on forecasted purchases<br /> and sales <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>72</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>70</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Price risk on equity investments included in available-for-sale securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(331</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">243</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(7)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>320</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,144</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>69</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">161</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,334</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Net investment hedges</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign exchange risk <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(8)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,997</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(142</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,814</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(192</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts related to derivatives designated as cash flow hedges represent hedge ineffectiveness and amounts related to net investment hedges represent amounts excluded from effectiveness testing.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts reclassified from OCI reduced interest income on assets by $110 million and $224 million during 2009 and 2008, and increased interest expense on liabilities by $1.1 billion during both 2009 and 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Hedge ineffectiveness of $73 million and $(10) million was recorded in interest income and $(2) million and $3 million was recorded in interest expense during 2009 and 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts recognized in OCI on derivatives exclude amounts related to terminated hedges of AFS securities of $(9) million and $206 million for 2009 and 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts reclassified from OCI exclude amounts related to derivative interest accruals which increased interest income by $104 million for 2009 and amounts which increased interest expense $73 million for 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Gains reclassified from OCI into income were recorded in trading account profits (losses) during 2009, 2008 and 2007 were $44 million, $0 and $18 million, respectively, related to the discontinuance of cash flow hedging because it was probable that the original forecasted transaction would not occur.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(7)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">For 2007, hedge ineffectiveness recognized in net interest income was $4 million.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(8)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts recognized in OCI on derivatives exclude losses of $387 million related to long-term debt designated as a net investment hedge for 2009.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">= not applicable</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Economic Hedges</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Derivatives designated as economic hedges are used by the Corporation to reduce certain risk exposure but are not accounted for as accounting hedges. The following table presents gains (losses) on these derivatives for 2009 and 2008. These gains (losses) are largely offset by the income or expense that is recorded on the economically hedged item.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="83%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Price risk on mortgage banking production income <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1, 2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,898</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">892</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Interest rate risk on mortgage banking servicing income <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,792</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,610</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Credit risk on loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(698</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">309</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Interest rate and foreign currency risk on long-term debt and other foreign exchange transactions <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,572</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,316</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">34</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,994</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,529</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Gains (losses) on these derivatives are recorded in mortgage banking income.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes gains on IRLCs related to the origination of mortgage loans that are held for sale, which are considered derivative instruments, of $8.4 billion for 2009 and $1.6 billion for 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Gains (losses) on these derivatives are recorded in other income.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Sales and Trading Revenue</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation enters into trading derivatives to facilitate client transactions, for proprietary trading purposes, and to manage risk exposures arising from trading assets and liabilities. It is the Corporation’s policy to include these derivative instruments in its trading activities which include derivative and non-derivative cash instruments. The resulting risk from these derivatives is managed on a portfolio basis as part of the Corporation’s <i>Global Markets</i> business segment. The related sales and trading revenue generated within <i>Global Markets</i> is recorded on different income statement line items including trading account profits (losses) and net interest income as well as other revenue categories. However, the vast majority of income related to derivative instruments is recorded in trading account profits (losses). The following table identifies the amounts in the income statement line items attributable to the Corporation’s sales and trading revenue categorized by primary risk for 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="34%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="14"></td> <td height="8" colspan="2"></td> <td height="8" colspan="16"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="13" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Trading<br /> Account<br /> Profits</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Other<br /> Revenues <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Net<br /> Interest<br /> Income</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Trading<br /> Account</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Profits<br /> (Losses)</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Other<br /> Revenues <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Net<br /> Interest<br /> Income</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Interest rate risk</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,145</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>33</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,068</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,246</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,083</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">47</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">276</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,406</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign exchange risk</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>972</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>26</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,004</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,320</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,339</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Equity risk</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,041</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,613</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>246</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,900</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(66</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">686</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">99</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">719</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Credit risk</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,433</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,576</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,637</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,494</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8,276</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,881</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,380</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(10,777</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other risk</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,084</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(469</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>628</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">130</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">58</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(14</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">174</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total sales and trading revenue</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,675</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>89</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,508</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>17,272</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,809</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,084</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,754</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,139</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents investment and brokerage services and other income recorded in <i>Global Markets</i> that the Corporation includes in its definition of sales and trading revenue.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Credit Derivatives</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation enters into credit derivatives primarily to facilitate client transactions and to manage credit risk exposures. Credit derivatives derive value based on an underlying third party-referenced obligation or a portfolio of referenced obligations and generally require the Corporation as the seller of credit protection to make payments to a buyer upon the occurrence of a predefined credit event. Such credit events generally include bankruptcy of the referenced credit entity and failure to pay under the obligation, as well as acceleration of indebtedness and payment repudiation or moratorium. For credit derivatives based on a portfolio of referenced credits or credit indices, the Corporation may not be required to make payment until a specified amount of loss has occurred and/or may only be required to make payment up to a specified amount.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Credit derivative instruments in which the Corporation is the seller of credit protection and their expiration at December 31, 2009 and 2008 are summarized below. These instruments are classified as investment and non-investment grade based on the credit quality of the underlying reference obligation. The Corporation considers ratings of BBB- or higher as meeting the definition of investment grade. Non-investment grade includes non-rated credit derivative instruments.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="54%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="15"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31, 2009</b></font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Carrying Value</b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Less than<br /> One Year</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>One to</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Three<br /> Years</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Three to<br /> Five Years</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Over</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Five Years</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Credit default swaps:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Investment grade</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>454</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,795</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,831</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>24,586</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>36,666</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Non-investment grade</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,342</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14,012</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>16,081</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>30,274</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>61,709</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,796</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,807</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,912</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>54,860</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>98,375</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Total return swaps/other:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Investment grade</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>540</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>566</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Non-investment grade</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>194</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>291</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>488</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>214</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>831</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,054</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total credit derivatives</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,797</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,021</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,920</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>55,691</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>99,429</b></font></td> </tr> <tr> <td height="10"></td> <td height="10" colspan="15"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Maximum Payout/Notional</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Credit default swaps:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Investment grade</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>147,501</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>411,258</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>596,103</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>335,526</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,490,388</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Non-investment grade</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>123,907</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>417,834</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>399,896</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>356,735</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,298,372</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>271,408</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>829,092</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>995,999</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>692,261</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,788,760</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Total return swaps/other:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Investment grade</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>31</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>60</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,081</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,087</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,259</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Non-investment grade</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,035</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,280</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,183</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,352</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23,850</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,066</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,340</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,264</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>26,439</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>33,109</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total credit derivatives</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>273,474</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>830,432</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>999,263</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>718,700</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,821,869</b></font></td> </tr> <tr> <td height="10"></td> <td height="10" colspan="15"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: ARIAL" size="1">December 31, 2008</font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: ARIAL" size="1">Carrying Value</font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Less than<br /> One Year</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">One to<br /> Three<br /> Years</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Three to<br /> Five Years</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Over Five<br /> Years</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Credit default swaps:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Investment grade</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,039</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,062</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">32,594</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">29,153</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">75,848</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Non-investment grade</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,483</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,222</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,243</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,012</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">42,960</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,522</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,284</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51,837</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">42,165</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">118,808</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Total return swaps/other:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Non-investment grade</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">36</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">57</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total credit derivatives</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,558</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,292</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51,837</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">42,178</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">118,865</font></td> </tr> <tr> <td height="10"></td> <td height="10" colspan="15"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: ARIAL" size="1">Maximum Payout/Notional</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Credit default swaps:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Investment grade</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">49,535</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">169,508</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">395,768</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">187,075</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">801,886</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Non-investment grade</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,217</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">48,829</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">89,650</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">42,452</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">198,148</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">66,752</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">218,337</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">485,418</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">229,527</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,000,034</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Total return swaps/other:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Non-investment grade</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,178</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">628</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">37</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,360</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,203</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total credit derivatives</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">67,930</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">218,965</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">485,455</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">233,887</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,006,237</font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The notional amount represents the maximum amount payable by the Corporation for most credit derivatives. However, the Corporation does not solely monitor its exposure to credit derivatives based on notional amount because this measure does not take into consideration the probability of occurrence. As such, the notional amount is not a reliable indicator of the Corporation’s exposure to these contracts. Instead, a risk framework is used to define risk tolerances and establish limits to help ensure that certain credit risk-related losses occur within acceptable, predefined limits.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation economically hedges its market risk exposure to credit derivatives by entering into a variety of offsetting derivative contracts and security positions. For example, in certain instances, the Corporation may purchase credit protection with identical underlying referenced names to offset its exposure. The carrying value and notional amount of written credit derivatives for which the Corporation held purchased credit derivatives with identical underlying referenced names at December 31, 2009 was $79.4 billion and $2.3 trillion compared to $92.4 billion and $819.4 billion at December 31, 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Credit Risk Management of Derivatives and Credit-related Contingent Features</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation executes the majority of its derivative contracts in the over-the-counter market with large, international financial institutions, including broker/dealers and, to a lesser degree, with a variety of non-financial companies. Substantially all of the derivative transactions are executed on a daily margin basis. Therefore, events such as a credit downgrade (depending on the ultimate rating level) or a breach of credit covenants would typically require an increase in the amount of collateral required of the counterparty, where applicable, and/or allow the Corporation to take additional protective measures such as early termination of all trades. Further, as discussed above, the Corporation enters into legally enforceable master netting agreements which reduce risk by permitting the closeout and netting of transactions with the same counterparty upon the occurrence of certain events.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Substantially all of the Corporation’s derivative contracts contain credit risk-related contingent features, primarily in the form of International Swaps and Derivatives Association, Inc. (ISDA) master agreements that enhance the creditworthiness of these instruments as compared to other obligations of the respective counterparty with whom the Corporation has transacted (e.g., other debt or equity). These contingent features may be for the benefit of the Corporation, as well as its counterparties with respect to changes in the Corporation’s creditworthiness. At December 31, 2009, the Corporation received cash and securities collateral of $74.6 billion and posted cash and securities collateral of $69.1 billion in the normal course of business under derivative agreements.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In connection with certain over-the-counter derivatives contracts and other trading agreements, the Corporation could be required to provide additional collateral or to terminate transactions with certain counterparties in the event of a downgrade of the senior debt ratings of Bank of America Corporation and its subsidiaries. The amount of additional collateral required depends on the contract and is usually a fixed incremental amount and/or the market value of the exposure. At December 31, 2009, the amount of additional collateral and termination payments that would be required for such derivatives and trading agreements was approximately $2.1 billion if the long-term credit rating of Bank of America Corporation and its subsidiaries was incrementally downgraded by one level by all ratings agencies. A second incremental one level downgrade by the ratings agencies would require approximately $1.2 billion in additional collateral.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation records counterparty credit risk valuation adjustments on derivative assets in order to properly reflect the credit quality of the counterparty. These adjustments are necessary as the market quotes on derivatives do not fully reflect the credit risk of the counterparties to the derivative assets. The Corporation considers collateral and legally enforceable master netting agreements that mitigate its credit exposure to each counterparty in determining the counterparty credit risk valuation adjustment. All or a portion of these counterparty credit risk valuation adjustments can be reversed or otherwise adjusted in future periods due to changes in the value of the derivative contract, collateral and creditworthiness of the counterparty. During 2009, credit valuation gains of $1.8 billion for counterparty credit risk related to derivative assets and during 2008, losses of $3.2 billion were recognized in trading account profits (losses). At December 31, 2009 and 2008, the cumulative counterparty credit risk valuation adjustment that was included in the derivative asset balance was $7.6 billion and $4.0 billion.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, the fair value of the Corporation’s or its subsidiaries’ derivative liabilities is adjusted to reflect the impact of the Corporation’s credit quality. During 2009, credit valuation losses of $801 million and during 2008, gains of $364 million were recognized in trading account profits (losses) for changes in the Corporation’s or its subsidiaries’ credit risk. At December 31, 2009 and 2008, the Corporation’s cumulative credit risk valuation adjustment that was included in the derivative liabilities balance was $608 million and $573 million.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> </div> </us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock> | |||||||||||||||||||||
| <us-gaap:DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 18 – Stock-Based Compensation Plans</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The compensation cost for the plans described below was $2.8 billion, $885 million and $1.2 billion in 2009, 2008 and 2007, respectively. The related income tax benefit was $1.0 billion, $328 million and $438 million for 2009, 2008 and 2007, respectively.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The table below presents the assumptions used to estimate the fair value of stock options granted on the date of grant using the lattice option-pricing model. Lattice option-pricing models incorporate ranges of assumptions for inputs and those ranges are disclosed in the table below. The risk-free interest rate for periods within the contractual life of the stock option is based on the U.S. Treasury yield curve in effect at the time of grant. Expected volatilities are based on implied volatilities from traded stock options on the Corporation’s common stock, historical volatility of the Corporation’s common stock, and other factors. The Corporation uses historical data to estimate stock option exercise and employee termination within the model. The expected term of stock options granted is derived from the output of the model and represents the period of time that stock options granted are expected to be outstanding. The estimates of fair value from these models are theoretical values for stock options and changes in the assumptions used in the models could result in materially different fair value estimates. The actual value of the stock options will depend on the market value of the Corporation’s common stock when the stock options are exercised. No stock options were granted in 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="49%"></td> <td valign="bottom" width="12%"></td> <td></td> <td></td> <td valign="bottom" width="9%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="3"></td> <td height="8" colspan="3"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Risk-free interest rate</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.05 – 3.85</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.72 – 5.16</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Dividend yield</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.30</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.40</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Expected volatility</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26.00 – 36.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16.00 – 27.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Weighted-average volatility</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">32.80</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19.70</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Expected lives (years)</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.6</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.5</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Excluded from the table above are assumptions used to estimate the fair value of approximately 108 million stock options assumed in connection with the Merrill Lynch acquisition. The fair value of these awards was estimated using a Black-Scholes option pricing model. Similar to options valued using the lattice option-pricing model described above, key assumptions used include the implied volatility based on the Corporation’s common stock of 75 percent, the risk-free interest rate based on the U.S. Treasury yield curve in effect at December 31, 2008, an expected dividend yield of 4.2 percent and the expected life of the options based on their actual remaining term.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation has equity compensation plans which include the Key Employee Stock Plan, the Key Associate Stock Plan and the Merrill Lynch Employee Stock Compensation Plan. Descriptions of the material features of the equity compensation plans follow.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Key Employee Stock Plan</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Key Employee Stock Plan, as amended and restated, provided for different types of awards including stock options, restricted stock shares and restricted stock units. Under the plan, 10-year options to purchase approximately 260 million shares of common stock were granted through December 31, 2002 to certain employees at the closing market price on the respective grant dates. At December 31, 2009, approximately 45 million fully vested options were outstanding under this plan. No further awards may be granted.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Key Associate Stock Plan</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On April 24, 2002, the shareholders approved the Key Associate Stock Plan to be effective January 1, 2003. This approval authorized and reserved 200 million shares for grant in addition to the remaining amount under the Key Employee Stock Plan as of December 31, 2002, which was approximately 34 million shares plus any shares covered by awards under the Key Employee Stock Plan that terminate, expire, lapse or are cancelled after December 31, 2002. Subsequently, the shareholders authorized an additional 282 million shares for grant under the Key Associate Stock Plan. In conjunction with the Merrill Lynch acquisition, the shareholders authorized an additional 105 million shares for grant under the Key Associate Stock Plan. At December 31, 2009, approximately 152 million options were outstanding under this plan. Approximately 90 million shares of restricted stock and restricted stock units were granted in 2009. These shares of restricted stock generally vest in three equal annual installments beginning one year from the grant date with the exception of financial advisor awards that vest eight years from grant date.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Employee Stock Compensation Plan</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation assumed the Merrill Lynch Employee Stock Compensation Plan. Future shares can be granted under this plan. Approximately 34 million shares of restricted stock units were granted in 2009 which generally vest in three equal annual installments beginning one year from the grant date. Awards granted prior to 2009 generally vest in four equal annual installments beginning one year from the grant date. At December 31, 2009, there were approximately 48 million shares outstanding.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table presents the status of all option plans at December 31, 2009, and changes during 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Employee stock options</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="56%"></td> <td valign="bottom" width="15%"></td> <td></td> <td></td> <td valign="bottom" width="8%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Shares</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Weighted-<br /> average Exercise<br /> Price</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Outstanding at January 1, 2009</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>232,429,057</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>43.08</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch acquisition, January 1, 2009</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>107,521,280</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>62.89</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Exercised</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,835</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12.56</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Forfeited</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(36,224,754</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>46.31</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.88em; MARGIN-LEFT: 2.63em"><font style="FONT-FAMILY: Arial" size="1"><b>Outstanding at December 31, 2009 <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>303,722,748</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>49.71</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Options exercisable at December 31, 2009</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>275,180,674</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>49.45</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Options vested and expected to vest <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>303,640,869</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>49.71</b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes 45 million options under the Key Employee Stock Plan, 152 million options under the Key Associate Stock Plan and 107 million options to employees of predecessor companies assumed in mergers.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes vested shares and nonvested shares after a forfeiture rate is applied.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the Corporation had no aggregate intrinsic value of options outstanding, exercisable, and vested and expected to vest. The weighted-average remaining contractual term of options outstanding was 3.7 years, options exercisable was 3.2 years, and options vested and expected to vest was 3.7 years at December 31, 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The weighted-average grant-date fair value of options granted in 2008 and 2007 was $8.92 and $8.44. No options were granted in 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table presents the status of the restricted stock/unit awards at December 31, 2009, and changes during 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Restricted stock/unit awards</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="14%"></td> <td></td> <td></td> <td valign="bottom" width="12%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Shares</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Weighted-<br /> average Grant<br /> Date Fair<br /> Value</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Outstanding at January 1, 2009</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>32,715,964</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>45.45</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch acquisition, January 1, 2009</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>83,446,110</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14.08</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Granted</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>124,146,773</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10.57</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Vested</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(31,181,360</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>31.46</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Cancelled</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(34,099,465</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14.39</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Arial" size="1"><b>Outstanding at December 31, 2009</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>175,028,022</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14.30</b></font></td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, there was $677 million of total unrecognized compensation cost related to share-based compensation arrangements for all awards that is expected to be recognized over a weighted-average period of 0.89 years. The total fair value of restricted stock vested in 2009 was $203 million. In 2009, the amount of cash used to settle equity instruments was $397 million.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Other Stock Plans</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">As a result of the Merrill Lynch acquisition, the Corporation assumed the obligations of outstanding awards granted under the Merrill Lynch Financial Advisor Capital Accumulation Award Plans (FACAAP) and the Merrill Lynch Employee Stock Purchase Plan (ESPP). The FACAAP is no longer an active plan and no awards were granted in 2009. Awards granted in 2003 and thereafter are generally payable eight years from the grant date in a fixed number of the Corporation’s common stock. For outstanding awards granted prior to 2003, payment is generally made ten years from the grant date in a fixed number of the Corporation’s common stock unless the fair value of such shares is less than a specified minimum value, in which case, the minimum value is paid in cash. At December 31, 2009, there were 23 million shares outstanding under this plan.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The ESPP allows eligible associates to invest from one percent to 10 percent of eligible compensation to purchase the Corporation’s common stock, subject to legal limits. Purchases were made at a discount of up to five percent of the average high and low market price on the relevant purchase date and the maximum annual contribution per employee was $23,750 in 2009. Up to 107 million shares have been authorized for issuance under the ESPP in 2009. The activity during 2009 is as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="77%"></td> <td valign="bottom" width="10%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="3"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Shares</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Available at January 1, 2009</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>16,449,696</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased through plan</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,019,593</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Arial" size="1"><b>Available at December 31, 2009</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,430,103</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> </table> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The weighted-average fair value of the ESPP stock purchase rights (i.e. the five percent discount on the Corporation’s common stock purchases) exercised by employees in 2009 is $0.57 per stock purchase right.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> </div> </us-gaap:DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock> | |||||||||||||||||||||
| <us-gaap:DividendsCommonStock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 326000000 </us-gaap:DividendsCommonStock> | |||||||||||||||||||||
| <us-gaap:DividendsPreferredStock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 4537000000 </us-gaap:DividendsPreferredStock> | |||||||||||||||||||||
| <us-gaap:EarningsPerShareBasic contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD_per_shares" decimals="2"> -0.29 </us-gaap:EarningsPerShareBasic> | |||||||||||||||||||||
| <us-gaap:EarningsPerShareDiluted contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD_per_shares" decimals="2"> -0.29 </us-gaap:EarningsPerShareDiluted> | |||||||||||||||||||||
| <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 394000000 </us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents> | |||||||||||||||||||||
| <us-gaap:EquipmentExpense contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2455000000 </us-gaap:EquipmentExpense> | |||||||||||||||||||||
| <us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 0 </us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities> | |||||||||||||||||||||
| <us-gaap:FairValueMeasurementInputsDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 20 – Fair Value Measurements</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Under applicable accounting guidance, 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. The Corporation determines the fair values of its financial instruments based on the fair value hierarchy established under applicable accounting guidance which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. There are three levels of inputs that may be used to measure fair value. The Corporation accounts for certain corporate loans and loan commitments, LHFS, structured reverse repurchase agreements, long-term deposits and long-term debt under the fair value option. For a detailed discussion regarding the fair value hierarchy and how the Corporation measures fair value, see <i>Note 1 – Summary of Significant Accounting Principles</i>.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Level 1, 2 and 3 Valuation Techniques</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Financial instruments are considered Level 1 when valuation can be based on quoted prices in active markets for identical assets or liabilities. Level 2 financial instruments are valued using quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or models using inputs that are observable or can be corroborated by observable market data of substantially the full term of the assets or liabilities. Financial instruments are considered Level 3 when their values are determined using pricing models, discounted cash flow methodologies or similar techniques, and at least one significant model assumption or input is unobservable and when determination of the fair value requires significant management judgment or estimation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation also uses market indices for direct inputs to certain models where the cash settlement is directly linked to appreciation or depreciation of that particular index (primarily in the context of structured credit products). In those cases, no material adjustments are made to the index-based values. In other cases, market indices are also used as inputs to valuation, but are adjusted for trade specific factors such as rating, credit quality, vintage and other factors.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Trading Account Assets and Liabilities and Available-for-Sale Debt Securities</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair values of trading account assets and liabilities are primarily based on actively traded markets where prices are based on either direct market quotes or observed transactions. The fair values of AFS debt securities are generally based on quoted market prices or market prices for similar assets. Liquidity is a significant factor in the determination of the fair values of trading account assets and liabilities and AFS debt securities. Market price quotes may not be readily available for some positions, or positions within a market sector where trading activity has slowed significantly or ceased such as certain CDO positions and other ABS. Some of these instruments are valued using a net asset value approach which considers the value of the underlying securities. Underlying assets are valued using external pricing services, where available, or matrix pricing based on the vintages and ratings. Situations of illiquidity generally are triggered by the market’s perception of credit uncertainty regarding a single company or a specific market sector. In these instances, fair value is determined based on limited available market information and other factors, principally from reviewing the issuer’s financial statements and changes in credit ratings made by one or more ratings agencies.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Derivative Assets and Liabilities</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair values of derivative assets and liabilities traded in the over-the-counter market are determined using quantitative models that require the use of multiple market inputs including interest rates, prices and indices to generate continuous yield or pricing curves and volatility factors, which are used to value the position. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. Estimation risk is greater for derivative asset and liability positions that are either option-based or have longer maturity dates where observable market inputs are less readily available or are unobservable, in which case, quantitative-based extrapolations of rate, price or index scenarios are used in determining fair values. The fair values of derivative assets and liabilities include adjustments for market liquidity, counterparty credit quality and other deal specific factors, where appropriate. The Corporation incorporates within its fair value measurements of over-the-counter derivatives the net credit differential between the counterparty credit risk and the Corporation’s own credit risk. An estimate of severity of loss is also used in the determination of fair value, primarily based on market data.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Corporate Loans and Loan Commitments</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair values of loans and loan commitments are based on market prices, where available, or discounted cash flow analyses using market-based credit spreads of comparable debt instruments or credit derivatives of the specific borrower or comparable borrowers. Results of discounted cash flow calculations may be adjusted, as appropriate, to reflect other market conditions or the perceived credit risk of the borrower.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Mortgage Servicing Rights</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair values of MSRs are determined using models which depend on estimates of prepayment rates, the resultant weighted-average lives of the MSRs and the OAS levels. For more information on MSRs, see <i>Note 22 – Mortgage Servicing Rights</i>.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Loans Held-for-Sale</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair values of LHFS are based on quoted market prices, where available, or are determined by discounting estimated cash flows using interest rates approximating the Corporation’s current origination rates for similar loans adjusted to reflect the inherent credit risk.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Other Assets</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation estimates the fair values of certain other assets including AFS marketable equity securities and certain retained residual interests in securitization vehicles. The fair values of AFS marketable equity securities are generally based on quoted market prices or market prices for similar assets. However, non-public investments are initially valued at the transaction price and subsequently adjusted when evidence is available to support such adjustments. The fair value of retained residual interests in securitization vehicles are based on certain observable inputs such as interest rates and credit spreads, as well as unobservable inputs such as estimated net charge-off and payment rates.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Securities Financing Agreements</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair values of certain reverse repurchase arrangements, repurchase arrangements and securities borrowed transactions are determined using quantitative models, including discounted cash flow models that require the use of multiple market inputs including interest rates and spreads to generate continuous yield or pricing curves and volatility factors. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third party pricing services.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Deposits, Commercial Paper and Other Short-term Borrowings, and Certain Structured Notes Classified as Long-term Debt</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair values of deposits, commercial paper and other short-term borrowings, and certain structured notes that are classified as long-term debt are determined using quantitative models, including discounted cash flow models that require the use of multiple market inputs including interest rates and spreads to generate continuous yield or pricing curves and volatility factors. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third party pricing services. The Corporation considers the impact of its own creditworthiness in the valuation of these liabilities. The credit risk is determined by reference to observable credit spreads in the secondary cash market.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Asset-backed Secured Financings</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair values of asset-backed secured financings are based on external broker bids, where available, or are determined by discounting estimated cash flows using interest rates approximating the Corporation’s current origination rates for similar loans adjusted to reflect the inherent credit risk.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 8px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Recurring Fair Value</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Assets and liabilities carried at fair value on a recurring basis at December 31, 2009, including financial instruments which the Corporation accounts for under the fair value option, are summarized in the table below.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 8px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="49%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="15" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31, 2009</b></font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="8" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Fair Value Measurements Using</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Level 1</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Level 2</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Level 3</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Netting<br /> Adjustments <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Assets/Liabilities<br /> at Fair Value</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Assets</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Federal funds sold and securities borrowed or purchased under agreements to resell</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>57,775</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>57,775</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. government and agency securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>17,140</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27,445</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>44,585</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate securities, trading loans and other</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,772</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>41,157</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,080</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>57,009</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Equity securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25,274</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,204</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,084</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>33,562</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,353</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,647</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,143</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>28,143</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage trading loans and asset-backed securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,137</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,770</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,907</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>65,539</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>95,590</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,077</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>182,206</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Derivative assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,326</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,467,855</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23,048</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,413,540</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>80,689</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. Treasury securities and agency debentures</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,571</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,454</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23,025</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage-backed securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Agency</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>166,246</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>166,246</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Agency-collateralized mortgage obligations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25,781</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25,781</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency residential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27,887</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,216</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>35,103</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency commercial</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,651</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,909</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>158</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,271</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>468</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,897</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate/Agency bonds</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,265</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>927</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,192</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Other taxable securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>676</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14,017</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,549</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,242</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,278</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,928</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15,206</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,405</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>260,850</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,346</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>301,601</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,936</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,936</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,465</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,465</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25,853</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,942</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>32,795</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>35,411</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,677</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,821</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>55,909</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>124,681</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,920,600</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>103,635</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,413,540</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>735,376</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Liabilities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Interest-bearing deposits in domestic offices</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,663</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,663</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Federal funds purchased and securities loaned or sold under agreements to repurchase</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>37,325</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>37,325</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account liabilities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. government and agency securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22,339</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,180</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>26,519</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Equity securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>17,300</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,107</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,407</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,028</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>483</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>386</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,897</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate securities and other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>282</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,317</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,609</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total trading account liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>51,949</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,087</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>396</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>65,432</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Derivative liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,925</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,443,494</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15,185</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,417,876</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>43,728</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial paper and other short-term borrowings</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>813</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>813</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>16,797</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>620</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,598</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,015</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Long-term debt</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>40,791</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,660</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>45,451</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total liabilities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>71,671</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,537,793</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,839</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,417,876</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>213,427</b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent the impact of legally enforceable master netting agreements that allow the Corporation to settle positive and negative positions and also cash collateral held or placed with the same counterparties.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Assets and liabilities carried at fair value on a recurring basis at December 31, 2008, including financial instruments which the Corporation accounts for under the fair value option, are summarized in the table below.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="50%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="16"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="15" align="center"><font style="FONT-FAMILY: ARIAL" size="1">December 31, 2008</font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="8" align="center"><font style="FONT-FAMILY: ARIAL" size="1">Fair Value Measurements Using</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Level 1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Level 2</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Level 3</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Netting<br /> Adjustments <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Assets/Liabilities<br /> at Fair Value</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Assets</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Federal funds sold and securities borrowed or purchased under agreements to resell</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,330</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,330</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">44,571</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">83,011</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,733</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">134,315</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Derivative assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,109</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,525,106</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,289</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,473,252</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">62,252</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,789</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">255,413</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,702</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">276,904</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,413</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,413</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,733</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,733</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15,582</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,382</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,964</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,407</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,549</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,157</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">55,113</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">74,876</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,906,991</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">59,409</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,473,252</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">568,024</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Liabilities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Interest-bearing deposits in domestic offices</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,717</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,717</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">37,410</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,313</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51,723</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Derivative liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,872</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,488,509</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,019</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,468,691</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">30,709</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,602</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,940</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,542</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total liabilities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">47,884</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,504,539</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,959</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,468,691</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">91,691</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent the impact of legally enforceable master netting agreements that allow the Corporation to settle positive and negative positions and also cash collateral held or placed with the same counterparties.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The tables below present a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during 2009, 2008 and 2007, including realized and unrealized gains (losses) included in earnings and accumulated OCI.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 7px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="2"><b><font size="2">Level 3</font> <font size="2">Fair Value Measurements</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="33%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="26" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Balance<br /> January 1,<br /> 2009<font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Merrill</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Lynch</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Acquisition</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Gains</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>(Losses)</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Included in<br /> Earnings</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Gains</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>(Losses)</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Included<br /> in OCI</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Purchases,<br /> Issuances<br /> and<br /> Settlements</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Transfers<br /> into / (out of)<br /> Level 3<font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Balance<br /> December 31,<br /> 2009<font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate securities, trading loans and other</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,540</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,012</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>370</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,015</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,173</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,080</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Equity securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>546</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,848</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(396</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,425</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(489</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,084</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>30</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>136</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>167</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>810</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,143</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage trading loans and asset-backed securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,647</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,294</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(262</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>933</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,842</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,770</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,733</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,184</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(152</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,340</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(348</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,077</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net derivative assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,270</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,307</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,526</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(7,906</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,666</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,863</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency MBS:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Residential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,439</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,509</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,159</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,738</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,187</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,876</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,216</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>657</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(185</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(155</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(52</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,247</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(79</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(226</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(73</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(401</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>468</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate/Agency bonds</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,598</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(22</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>127</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>324</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,100</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>927</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Other taxable securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,599</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(75</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>669</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,490</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,154</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,549</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>162</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>26</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,093</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>645</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,928</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,702</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,509</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,518</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,327</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,488</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(186</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,346</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,413</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,452</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>515</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,718</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>274</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,936</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,733</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>209</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,286</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,237</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,465</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,382</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,872</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>678</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,048</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>58</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,942</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,157</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,696</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,273</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(308</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,821</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account liabilities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(348</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(386</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate securities and other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(14</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(10</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total trading account liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(362</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(396</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other<br /> liabilities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,940</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,337</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,385</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>294</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,598</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Long-term debt <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(7,481</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,310</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>830</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,301</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,660</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td height="16"></td> <td height="16" colspan="28"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="26" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Balance<br /> January 1,<br /> 2008<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Countrywide<br /> Acquisition</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Gains<br /> (Losses)</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Included in<br /> Earnings</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Gains<br /> (Losses)</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Included<br /> in OCI</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Purchases,<br /> Issuances<br /> and<br /> Settlements</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Transfers<br /> into / (out of)</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Level 3<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Balance</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">December 31,<br /> 2008<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,027</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,222</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,233</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,161</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,733</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net derivative assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,203</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(185</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,531</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,380</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(253</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,270</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,507</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">528</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,509</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,688</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,754</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,110</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,702</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,590</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(780</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,603</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,413</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,053</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,188</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,115</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(393</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,733</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,334</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,425</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,047</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(542</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,212</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,382</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,987</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,407</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">175</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,372</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(40</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,157</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other<br /> liabilities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(660</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,212</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(169</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">101</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,940</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Assets (liabilities)</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Net derivatives at December 31, 2009 and 2008 include derivative assets of $23.0 billion and $8.3 billion and derivative liabilities of $15.2 billion and $6.0 billion, respectively.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent items which are accounted for under the fair value option including commercial loans, loan commitments and LHFS.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Other assets is primarily comprised of AFS marketable equity securities and other equity investments.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 7px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="2"><b><font size="2">Level 3</font> <font size="2">Fair Value Measurements</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="41%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="22" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Balance<br /> January 1,<br /> 2007<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Gains</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">(Losses)</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Included in<br /> Earnings</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Gains<br /> (Losses)</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Included<br /> in OCI</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Purchases,<br /> Issuances,<br /> and<br /> Settlements</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Transfers</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">into / (out of)<br /> Level 3<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Balance</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">December 31,<br /> 2007<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">303</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,959</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">708</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,975</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,027</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net derivative assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">788</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(341</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(333</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,317</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,203</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,133</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(398</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(206</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,588</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">390</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,507</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,947</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(140</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">783</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,590</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,869</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">231</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(47</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,053</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(90</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,259</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,683</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,334</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,605</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,149</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(79</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,638</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(50</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,987</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(349</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(279</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(32</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(660</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Assets (liabilities)</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent items which were carried at fair value prior to the adoption of the fair value option.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Net derivatives at December 31, 2007 included derivative assets of $9.0 billion and derivative liabilities of $10.2 billion. Amounts at January 1, 2007 were accounted for at fair value prior to the adoption of the fair value option.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Other assets is primarily comprised of AFS marketable equity securities and other equity investments.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The tables below summarize gains and losses due to changes in fair value, including both realized and unrealized gains (losses), recorded in earnings for Level 3 assets and liabilities during 2009, 2008 and 2007. These amounts include those gains (losses) generated by loans, LHFS, loan commitments and structured notes which are accounted for under the fair value option.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 7px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="2"><b><font size="2">Level 3</font> <font size="2">Total Realized and Unrealized Gains (Losses) Included in Earnings</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="51%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="20" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Card Income<br /> (Loss)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Equity<br /> Investment<br /> Income</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Trading<br /> Account<br /> Profits<br /> (Losses)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Mortgage<br /> Banking<br /> Income<br /> (Loss) <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Other<br /> Income<br /> (Loss)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate securities, trading loans and other</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>370</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>370</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Equity securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(396</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(396</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>136</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>136</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage trading loans and asset-backed securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(262</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(262</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(152</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(152</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net derivative assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,526</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,052</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,526</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency MBS:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Residential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(20</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,139</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,159</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(185</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(185</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(79</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(79</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate/Agency bonds</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(22</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(22</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Other taxable securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(75</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(75</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(20</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,498</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,518</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>526</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>515</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,286</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,286</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(216</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>306</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>588</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>678</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>947</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>244</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>61</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,273</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account liabilities – Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>36</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,360</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,385</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Long-term debt <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,083</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(227</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,310</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>947</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,990</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,857</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>810</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10,645</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td height="16"></td> <td height="16" colspan="22"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="20" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,044</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(178</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,222</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net derivative assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">103</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,428</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,531</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(74</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,435</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,509</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(775</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(780</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,115</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,115</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(195</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(848</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,047</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">55</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">110</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">175</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">295</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(473</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(169</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">55</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">110</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,132</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,492</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,677</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(12,136</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td height="16"></td> <td height="16" colspan="22"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="20" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,959</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,959</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net derivative assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(515</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">174</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(341</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 4)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(398</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(398</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(139</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(140</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">231</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">231</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(61</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(29</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(90</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">103</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,971</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">75</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,149</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(274</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(279</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">103</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,971</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,541</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">376</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(736</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,827</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage banking income does not reflect the impact of Level 1 and Level 2 hedges against MSRs.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent items which are accounted for under the fair value option.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent items which are carried at fair value prior to the adoption of the fair value option.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent write-downs on certain securities that were deemed to be other-than-temporarily impaired during 2007.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent items which are accounted for under the fair value option.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The tables below summarize changes in unrealized gains (losses) recorded in earnings during 2009, 2008 and 2007 for Level 3 assets and liabilities that were still held at December 31, 2009, 2008 and 2007. These amounts include changes in fair value generated by loans, LHFS, loan commitments and structured notes which are accounted for under the fair value option.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 7px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="2"><b><font size="2">Level 3</font> <font size="2">Changes in Unrealized Gains (Losses) Relating to Assets and Liabilities Still Held at Reporting Date</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="46%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="22" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Card Income<br /> (Loss)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Equity<br /> Investment<br /> Income</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Trading<br /> Account<br /> Profits<br /> (Losses)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Mortgage<br /> Banking<br /> Income<br /> (Loss) <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Other<br /> Income<br /> (Loss)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate securities, trading loans and other</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>89</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>89</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Equity securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(328</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(328</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>137</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>137</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage trading loans and asset-backed securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(332</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(332</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(434</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(434</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net derivative assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,761</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>348</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,413</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage-backed securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 6.4em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency MBS:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 8em"><font style="FONT-FAMILY: ARIAL" size="1">Residential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(20</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(659</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(679</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Other taxable securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(14</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(8</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(10</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(13</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(20</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(670</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(703</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>210</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>210</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,100</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,100</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(195</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>164</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>695</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>664</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(71</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(106</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,061</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>890</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account liabilities – Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,740</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,729</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Long-term debt <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,303</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(225</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,528</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(71</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(106</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(5,744</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,587</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,811</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,477</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td height="16"></td> <td height="16" colspan="24"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="22" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,144</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(178</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,322</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net derivative assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,095</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,154</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,249</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(74</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,840</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,914</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,003</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,003</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,378</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,378</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(154</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(423</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(581</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(331</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(193</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(524</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">292</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(880</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(588</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(331</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(193</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(203</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,607</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,727</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(11,061</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td height="16"></td> <td height="16" colspan="24"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="22" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,857</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,857</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net derivative assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(196</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">139</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(57</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(398</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(398</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(167</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(167</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(43</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(43</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(58</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(22</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(80</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(136</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(65</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(201</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(395</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(396</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(136</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(65</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,112</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">74</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(960</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,199</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage banking income does not reflect impact of Level 1 and Level 2 hedges against MSRs.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent items which are accounted for under the fair value option.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent items which were accounted for prior to the adoption of the fair value option.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts represent items which were carried at fair value prior to the adoption of the fair value option and certain portfolios of LHFS which are accounted for under the fair value option.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Nonrecurring Fair Value</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Certain assets and liabilities are measured at fair value on a nonrecurring basis and are not included in the previous tables in this Note. These assets and liabilities primarily include LHFS, unfunded loan commitments held-for-sale, and foreclosed properties. The amounts below represent only balances measured at fair value during the year and still held as of the reporting date.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 7px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="55%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="8" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>At and for the Year Ended<br /> December 31, 2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="8" align="center"><font style="FONT-FAMILY: ARIAL" size="1">At and for the Year Ended<br /> December 31, 2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Level 2</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Level 3</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(Losses)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Level 2</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Level 3</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(Losses)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Assets</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans held-for-sale</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,320</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,248</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,288</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,828</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,782</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,699</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">1</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,426</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,858</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,131</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,164</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Foreclosed properties <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">2</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>644</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(322</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">590</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(171</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>31</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>322</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(268</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Gains (losses) represent charge-offs associated with real estate-secured loans that exceed 180 days past due which are netted against the allowance for loan and lease losses.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts are included in other assets on the Consolidated Balance Sheet and represent fair value and related losses of foreclosed properties that were written down subsequent to their initial classification as foreclosed properties.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Fair Value Option Elections</b></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Corporate Loans and Loan Commitments</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation elected to account for certain large corporate loans and loan commitments which exceeded the Corporation’s single name credit risk concentration guidelines under the fair value option. Lending commitments, both funded and unfunded, are actively managed and monitored and, as appropriate, credit risk for these lending relationships may be mitigated through the use of credit derivatives, with the Corporation’s credit view and market perspectives determining the size and timing of the hedging activity. These credit derivatives do not meet the requirements for derivatives designated as hedging instruments and are therefore carried at fair value with changes in fair value recorded in other income. Electing the fair value option allows the Corporation to carry these loans and loan commitments at fair value, which is more consistent with management’s view of the underlying economics and the manner in which they are managed. In addition, accounting for these loans and loan commitments at fair value reduces the accounting asymmetry that would otherwise result from carrying the loans at historical cost and the credit derivatives at fair value.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, funded loans which the Corporation elected to carry at fair value had an aggregate fair value of $4.9 billion and $5.4 billion recorded in loans and leases and an aggregate outstanding principal balance of $5.4 billion and $6.4 billion. At December 31, 2009 and 2008, unfunded loan commitments that the Corporation has elected to carry at fair value had an aggregate fair value of $950 million and $1.1 billion recorded in accrued expenses and other liabilities and an aggregate committed exposure of $27.0 billion and $16.9 billion. Interest income on these loans is recorded in interest and fees on loans and leases.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Loans Held-for-Sale</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation also elected to account for certain LHFS at fair value. Electing to use fair value allows a better offset of the changes in fair values of the loans and the derivative instruments used to economically hedge them. The Corporation has not elected to fair value other LHFS primarily because these loans are floating rate loans that are not economically hedged using derivative instruments. At December 31, 2009 and 2008, residential mortgage loans, commercial mortgage loans, and other LHFS for which the fair value option was elected had an aggregate fair value of $32.8 billion and $18.9 billion and an aggregate outstanding principal balance of $36.5 billion and $20.7 billion. Interest income on these loans is recorded in other interest income. These changes in fair value are mostly offset by hedging activities. An immaterial portion of these amounts was attributable to changes in instrument-specific credit risk.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Other Assets</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation elected the fair value option for certain other assets. Other assets primarily represents non-marketable convertible preferred shares for which the Corporation has economically hedged a majority of the position with derivatives. At December 31, 2009, these assets had a fair value of $253 million.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Securities Financing Agreements</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation elected the fair value option for certain securities financing agreements. The fair value option election was made for certain securities financing agreements based on the tenor of the agreements which reflects the magnitude of the interest rate risk. The majority of securities financing agreements collateralized by U.S. government securities were excluded from the fair value option election as these contracts are generally short-dated and therefore the interest rate risk is not considered significant. At December 31, 2009, securities financing agreements for which the fair value option has been elected had an aggregate fair value of $95.1 billion and a principal balance of $94.6 billion.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Long-term Deposits</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation elected to fair value certain long-term fixed-rate and rate-linked deposits which are economically hedged with derivatives. At December 31, 2009 and 2008, these instruments had an aggregate fair value of $1.7 billion for both years ended and principal balance of $1.6 billion and $1.7 billion recorded in interest-bearing deposits. Interest paid on these instruments continues to be recorded in interest expense. Election of the fair value option will allow the Corporation to reduce the accounting volatility that would otherwise result from the accounting asymmetry created by accounting for the financial instruments at historical cost and the economic hedges at fair value. The Corporation did not elect to fair value other financial instruments within the same balance sheet category because they were not economically hedged using derivatives.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Commercial Paper and Other Short-term Borrowings</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation elected to fair value certain commercial paper and other short-term borrowings that were acquired as part of the Merrill Lynch acquisition. This debt is risk-managed on a fair value basis. At December 31, 2009, this debt had both an aggregate fair value and a principal balance of $813 million recorded in commercial paper and other short-term borrowings.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Long-term Debt</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation elected to fair value certain long-term debt, primarily structured notes, that were acquired as part of the Merrill Lynch acquisition. This long-term debt is risk-managed on a fair value basis. Election of the fair value option will allow the Corporation to reduce the accounting volatility that would otherwise result from the accounting asymmetry created by accounting for the financial instruments at historical cost and the economic hedges at fair value. The Corporation did not elect to fair value other financial instruments within the same balance sheet category because they were not economically hedged using derivatives. At December 31, 2009, this long-term debt had an aggregate fair value of $45.5 billion and a principal balance of $48.6 billion recorded in long-term debt.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Asset-backed Secured Financings</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation elected to fair value certain asset-backed secured financings that were acquired as part of the Countrywide acquisition. At December 31, 2009, these secured financings had an aggregate fair value of $707 million and principal balance of $1.5 billion recorded in accrued expenses and other liabilities. Using the fair value option election allows the Corporation to reduce the accounting volatility that would otherwise result from the accounting asymmetry created by accounting for the asset-backed secured financings at historical cost and the corresponding mortgage LHFS securing these financings at fair value.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table provides information about where changes in the fair value of assets or liabilities for which the fair value option has been elected are included in the Consolidated Statement of Income for 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Gains (Losses) Relating to Assets and Liabilities Accounted for Using Fair Value Option</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="37%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="34" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Corporate<br /> Loans and<br /> Loan<br /> Commitments</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Loans<br /> Held-for-Sale</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Securities<br /> Financing<br /> Agreements</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Other<br /> Assets</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Long-<br /> term<br /> Deposits</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Asset-<br /> backed<br /> Secured<br /> Financings</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Commercial<br /> Paper and<br /> Other<br /> Short-term<br /> Borrowings</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Long-</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>term<br /> Debt</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"><font style="FONT-FAMILY: ARIAL" size="1">Trading account profits (losses)</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(211</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>379</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(236</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,938</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,981</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage banking income (loss)</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,251</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,240</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"><font style="FONT-FAMILY: ARIAL" size="1">Equity investment income (loss)</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(177</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(177</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <font style="FONT-FAMILY: ARIAL" size="1">Other income (loss)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,886</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>588</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(292</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>35</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,900</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,683</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,911</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,628</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(292</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>202</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>35</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(236</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(8,838</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,399</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td height="16"></td> <td height="16" colspan="36"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="34" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"><font style="FONT-FAMILY: ARIAL" size="1">Trading account profits (losses)</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(680</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(676</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage banking income</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">281</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">295</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">576</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <font style="FONT-FAMILY: ARIAL" size="1">Other income (loss)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,248</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(215</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(18</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(10</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,491</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,244</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(614</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(18</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(10</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">295</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,591</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 18px"> </p> </div> </us-gaap:FairValueMeasurementInputsDisclosureTextBlock> | |||||||||||||||||||||
| <us-gaap:FeesAndCommissionsDepositorAccounts contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 11038000000 </us-gaap:FeesAndCommissionsDepositorAccounts> | |||||||||||||||||||||
| <us-gaap:GainLossOnSaleOfDebtInvestments contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 4723000000 </us-gaap:GainLossOnSaleOfDebtInvestments> | |||||||||||||||||||||
| <us-gaap:GoodwillAndIntangibleAssetsDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 10 – Goodwill and Intangible Assets</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The following table presents goodwill at December 31, 2009 and 2008, which includes $5.1 billion of goodwill from the acquisition of Merrill Lynch and $4.4 billion of goodwill from the acquisition of Countrywide. As discussed in more detail in <i>Note 23 – Business Segment Information</i>, the Corporation changed its basis of presentation from three segments to six segments effective January 1, 2009 in connection with the Merrill Lynch acquisition. The reporting units utilized for goodwill impairment tests are the business segments or one level below the business segments.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="82%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="6"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Deposits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>17,875</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,805</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Global Card Services</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22,292</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,271</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Home Loans & Insurance</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,797</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,797</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Global Banking</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27,550</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">28,409</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Global Markets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,358</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,080</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Global Wealth & Investment Management</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10,411</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,503</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">All Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>31</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">69</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total goodwill</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>86,314</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">81,934</font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">No goodwill impairment was recognized for 2009 and 2008. For more information on goodwill impairment testing, see the <i>Goodwill and Intangible Assets</i> section of <i>Note 1 – Summary of Significant Accounting Principles</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Based on the results of the annual impairment test at June 30, 2009, and due to continued stress on <i>Home Loans & Insurance</i> and <i>Global Card Services</i> as a result of current market conditions, the Corporation concluded that an additional impairment analysis should be performed for these two reporting units as of December 31, 2009. In performing the first step of the additional impairment analysis, the Corporation compared the fair value of each reporting unit to its carrying amount, including goodwill. Consistent with the annual test, the Corporation utilized a combination of the market approach and the income approach for <i>Home Loans & Insurance</i> and the income approach for <i>Global Card Services</i>. For <i>Home Loans & Insurance</i> the carrying value exceeded the fair value, and accordingly, the second step analysis of comparing the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill was performed. Although <i>Global Card Services</i> passed step one of the goodwill impairment analysis, to further substantiate the value of the goodwill balance, the Corporation also performed the step two analysis for this reporting unit. The results of the second step of the goodwill impairment test, which were consistent with the results of the annual impairment test, indicated that no goodwill was impaired for 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table presents the gross carrying values and accumulated amortization related to intangible assets at December 31, 2009 and 2008. Gross carrying amounts include $5.4 billion of intangible assets related to the Merrill Lynch acquisition consisting of $800 million of core deposit intangibles, $3.1 billion of customer relationships and $1.5 billion of non-amortizing other intangibles.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="58%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="14"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="13" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Gross Carrying<br /> Value</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Accumulated<br /> Amortization</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Gross Carrying<br /> Value</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Accumulated<br /> Amortization</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Purchased credit card relationships</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,179</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,452</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,080</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,740</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Core deposit intangibles</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,394</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,722</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,594</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,284</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Customer relationships</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,232</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>760</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,104</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">259</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Affinity relationships</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,651</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>751</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,638</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">587</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other intangibles</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,438</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,183</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,009</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,020</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total intangible assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,894</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,868</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,425</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,890</font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of intangibles expense was $2.0 billion, $1.8 billion and $1.7 billion in 2009, 2008 and 2007, respectively. The Corporation estimates aggregate amortization expense will be approximately $1.8 bil lion, $1.6 billion, $1.4 billion, $1.2 billion and $1.0 billion for 2010 through 2014, respectively.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> </div> </us-gaap:GoodwillAndIntangibleAssetsDisclosureTextBlock> | |||||||||||||||||||||
| <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 4360000000 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments> | |||||||||||||||||||||
| <us-gaap:IncomeTaxDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 19 – Income Taxes</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The components of income tax expense (benefit) for 2009, 2008 and 2007 were as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="77%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Current income tax expense (benefit)</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Federal</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,576</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,075</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,210</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">State</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>555</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">561</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">681</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>735</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">585</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">804</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total current expense (benefit)</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,286</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,221</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,695</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Deferred income tax expense (benefit)</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Federal</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>792</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,269</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(710</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">State</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(620</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(520</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(18</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>198</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(12</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(25</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total deferred expense (benefit)</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>370</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,801</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(753</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total income tax expense (benefit) <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,916</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">420</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,942</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Does not reflect the deferred tax effects of unrealized gains and losses on AFS debt and marketable equity securities, foreign currency translation adjustments, derivatives and employee benefit plan adjustments that are included in accumulated OCI. As a result of these tax effects, accumulated OCI decreased $1.6 billion in 2009, increased $5.9 billion in 2008 and decreased $5.0 billion in 2007. Also, does not reflect the tax effects associated with the Corporation’s employee stock plans which decreased common stock and additional paid-in capital $295 million and $9 million in 2009 and 2008, and increased common stock and additional paid-in capital $251 million in 2007. Goodwill was reduced $0, $9 million and $47 million in 2009, 2008 and 2007, respectively, reflecting certain tax benefits attributable to exercises of employee stock options issued by acquired companies which had vested prior to the merger dates.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Income tax expense (benefit) for 2009, 2008 and 2007 varied from the amount computed by applying the statutory income tax rate to income before income taxes. A reconciliation between the expected federal income tax expense using the federal statutory tax rate of 35 percent to the Corporation’s actual income tax expense (benefit) and resulting effective tax rate for 2009, 2008 and 2007 is presented in the following table.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="62%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="7"></td> <td height="12" colspan="2"></td> <td height="12" colspan="7"></td> <td height="12" colspan="2"></td> <td height="12" colspan="7"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amount</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Percent</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Amount</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Percent</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Amount</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Percent</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Expected federal income tax expense</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,526</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>35.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,550</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">35.0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,323</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">35.0</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Increase (decrease) in taxes resulting from:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">State tax expense (benefit), net of federal effect</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(42</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">27</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.6</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">431</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.1</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt income, including dividends</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(863</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(19.8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(631</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(14.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(683</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign tax differential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(709</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(16.3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(192</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(485</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Low income housing credits/other credits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(668</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(15.3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(722</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(16.3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(590</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Change in U.S. federal valuation allowance</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(650</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(14.9</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loss on certain foreign subsidiary stock</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(595</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(13.7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Non-U.S. leasing — restructuring</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(221</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1.1</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Leveraged lease tax differential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>59</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">216</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.9</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">148</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Changes in prior period UTBs (including interest)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>87</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">169</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">143</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(61</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1.4</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(124</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.6</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total income tax expense (benefit)</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,916</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(44.0</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>)% </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">420</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9.5</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,942</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">28.4</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The reconciliation of the beginning unrecognized tax benefits (UTB) balance to the ending balance is presented in the following table.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Reconciliation of the Change in Unrecognized Tax Benefits</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="78%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Beginning balance</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,541</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,095</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,667</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Increases related to positions taken during prior years</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>791</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">688</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">67</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Increases related to positions taken during the current year</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>181</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">241</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">456</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Positions acquired or assumed in business combinations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,924</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">169</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">328</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Decreases related to positions taken during prior years</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(554</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(371</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(227</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Settlements</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(615</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(209</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(108</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Expiration of statute of limitations</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(15</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(72</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(88</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Arial" size="1"><b>Ending balance</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,253</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,541</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,095</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As of December 31, 2009, 2008 and 2007, the balance of the Corporation’s UTBs which would, if recognized, affect the Corporation’s effective tax rate was $4.0 billion, $2.6 billion and $1.8 billion, respectively. Included in the UTB balance are some items, the recognition of which would not affect the effective tax rate, such as the tax effect of certain temporary differences, the portion of gross state UTBs that would be offset by the tax benefit of the associated federal deduction and the portion of gross foreign UTBs that would be offset by tax reductions in other jurisdictions.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation is under examination by the IRS and other tax authorities in countries and states in which it has significant business operations. The table below summarizes the status of significant U.S. federal examinations (unless otherwise noted) for the Corporation and various acquired subsidiaries as of December 31, 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="43%"></td> <td valign="bottom" width="11%"></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="2"></td> <td height="8" colspan="2"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Years under<br /> examination <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Status at</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>December 31, 2009</b></font></p> </td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Bank of America Corporation</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2000-2002</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">In Appeals process</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Bank of America Corporation</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2003-2005</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Field examination</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch – U.S.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2004</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">In Appeals process</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch – U.S.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2005-2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Field examination</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch – U.K.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Field examination</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">FleetBoston</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1997-2000</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">In Appeals process</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">FleetBoston</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2001-2004</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Field examination</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">LaSalle</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2003-2005</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Field examination</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Countrywide</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2005-2006</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Field examination</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Countrywide</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Field examination</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">All tax years in material jurisdictions subsequent to the above years remain open to examination.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition to the above examinations, the Corporation is in the process of appealing an adverse decision by the U.S. Tax Court with respect to a 1987 Merrill Lynch transaction. The income tax associated with this matter has been remitted and is included in the UTB balance above.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">With the exception of the 2003 through 2005 tax years of Bank of America and the issues for which protests have been filed for Bank of America and Merrill Lynch as described below, it is reasonably possible that all above U.S. federal examinations will be concluded during the next twelve months.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2008, the IRS announced a settlement initiative related to lease-in, lease-out (LILO) and sale-in, lease-out (SILO) leveraged lease transactions. The Corporation executed closing agreements under this settlement initiative in late 2009 for all of these transactions for Bank of America Corporation and predecessor companies. Determinations of final tax and interest are expected to be finalized by the end of the first quarter of 2010. As a result of prior remittances, the Corporation does not expect to pay additional tax and interest related to the settlement initiative.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The remaining unagreed proposed adjustment for Bank of America Corporation for 2000 through 2002 tax years is the disallowance of foreign tax credits related to certain structured investment transactions. The Corporation continues to believe the crediting of these foreign taxes against U.S. income taxes was appropriate and has filed a protest to that effect with the Appeals Office.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The IRS proposed adjustments for two issues in the audit of Merrill Lynch for the tax year 2004 which have been protested to the Appeals Office. The issues involve eligibility for the dividends received deduction and foreign tax credits with respect to a structured investment transaction. The Corporation also intends to protest any adjustments the IRS proposes for these same issues in tax years 2005 through 2007.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In 2005 and 2008, Merrill Lynch paid income tax assessments for the fiscal years April 1, 1998 through March 31, 2007 in relation to the taxation of income that was originally reported in other jurisdictions, primarily the U.S. Upon making these payments, Merrill Lynch began the process of obtaining clarification from international tax authorities on the appropriate allocation of income among multiple jurisdictions (Competent Authority) to prevent double taxation of the income. During 2009, an agreement was reached between Japan and the U.S. on the allocation of income during these years. The impact of these settlements resulted in UTB decreases that are reflected in the previous table. All tax years in Japan subsequent to those settled remain open to examination.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation files income tax returns in more than 100 state and foreign jurisdictions each year and is under continuous examination by various state and foreign taxing authorities. While many of these examinations are resolved every year, the Corporation does not anticipate that resolutions occurring within the next twelve months would result in a material change to the Corporation’s financial position.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2009, the Corporation resolved many state examinations and issues under state audits. The most significant of these settlements, all of which resulted in UTB decreases, were with California and New York.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Considering all federal and foreign examinations, it is reasonably possible that the UTB balance will decrease by as much as $1.3 billion during the next twelve months, since resolved items would be removed from the balance whether their resolution resulted in payment or recognition.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2009 and 2008, the Corporation recognized in income tax expense, $184 million and $147 million of interest and penalties, net of tax. As of December 31, 2009 and 2008, the Corporation’s accrual for interest and penalties that related to income taxes, net of taxes and remittances, was $1.1 billion and $677 million.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Significant components of the Corporation’s net deferred tax assets and liabilities at December 31, 2009 and 2008 are presented in the following table.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="62%"></td> <td valign="bottom" width="14%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="12%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="8"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>(Dollars in millions)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Deferred tax assets</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net operating loss carryforwards (NOL)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>17,236</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,263</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Allowance for credit losses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,011</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,042</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Security and loan valuations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,590</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,590</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Employee compensation and retirement benefits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,021</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,409</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Capital loss carryforwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,187</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other tax credit carryforwards</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,263</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,134</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,271</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">State income taxes</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,636</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">279</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,149</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,308</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,987</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Gross deferred tax assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>50,386</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,990</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Valuation allowance</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,315</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(272</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Total deferred tax assets, net of<br /> valuation allowance</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>46,071</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,718</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Deferred tax liabilities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage servicing rights</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,663</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,404</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Long-term borrowings</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,320</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Intangibles</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,497</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,712</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Equipment lease financing</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,411</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,720</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fee income</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,382</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,637</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>878</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,641</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,549</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Gross deferred liabilities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,792</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,022</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Net deferred tax assets <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">1</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27,279</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,696</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s net deferred tax assets were adjusted during 2009 and 2008 to include $20.6 billion and $3.5 billion of net deferred tax assets related to business combinations.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table summarizes the deferred tax assets and related valuation allowances recognized for the net operating and other loss carryforwards and tax credit carryforwards at December 31, 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="68%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="3"></td> <td height="8" colspan="4"></td> <td height="8" colspan="3"></td> <td height="8" colspan="3"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>(Dollars in millions)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Deferred<br /> Tax Asset</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Valuation<br /> Allowance</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Net<br /> Deferred<br /> Tax Asset</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>First Year<br /> Expiring</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net operating losses – U.S.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,378</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,378</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">After 2027</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net operating losses – U.K.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,817</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,817</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">None</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net operating losses – U.S. states <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,232</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(443</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">789</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Various</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net operating losses – other</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>41</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(41</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Various</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Capital losses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,187</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,187</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">After 2013</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">General business credits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,525</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,525</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">After 2027</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Alternative minimum tax credits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>123</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">123</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">None</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign tax credits</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>615</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(306</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">309</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">After 2017</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The U.K. NOL may be carried forward indefinitely. Due to change-in-control limitations in the three years prior to and following the change in ownership, this unlimited carryforward period may be jeopardized by certain major changes in the nature or conduct of the U.K. businesses.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The NOL and related valuation allowance for U.S. states before considering the benefit of federal deductions were $1.9 billion and $682 million.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">With the acquisition of Merrill Lynch on January 1, 2009, the Corporation established a valuation allowance to reduce certain deferred tax assets to the amount more-likely-than-not to be realized before their expiration. During 2009, the Corporation released $650 million of the valuation allowance attributable to Merrill Lynch’s capital loss carryforward due to utilization against net capital gains generated in 2009. The valuation allowance also increased by $139 million due to increases in operating loss carryforwards and other deferred tax assets generated in certain state and foreign jurisdictions for which management believes it is more-likely-than-not that realization of these assets will not occur.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation concluded that no valuation allowance is necessary to reduce the U.K. NOL, U.S. federal NOL, and general business credit carryforwards since estimated future taxable income will be sufficient to utilize these assets prior to their expiration. Merrill Lynch also has U.S. federal capital loss and foreign tax credit carryforwards against which valuation allowances have been recorded to reduce the assets to the amounts the Corporation believes are more-likely-than-not to be realized.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, federal income taxes had not been provided on $16.7 billion and $6.5 billion of undistributed earnings of foreign subsidiaries earned prior to 1987 and after 1997 that have been reinvested for an indefinite period of time. If the earnings were distributed, an additional $2.5 billion and $1.1 billion of tax expense, net of credits for foreign taxes paid on such earnings and for the related foreign withholding taxes, would have resulted as of December 31, 2009 and 2008.</font></p> </div> </us-gaap:IncomeTaxDisclosureTextBlock> | |||||||||||||||||||||
| <us-gaap:IncomeTaxesPaidNet contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2933000000 </us-gaap:IncomeTaxesPaidNet> | |||||||||||||||||||||
| <us-gaap:IncomeTaxExpenseBenefit contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -1916000000 </us-gaap:IncomeTaxExpenseBenefit> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -16601000000 </us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInDeposits contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 10507000000 </us-gaap:IncreaseDecreaseInDeposits> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -59822000000 </us-gaap:IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInOtherOperatingAssets contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -28553000000 </us-gaap:IncreaseDecreaseInOtherOperatingAssets> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -3150000000 </us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet> | |||||||||||||||||||||
| <us-gaap:InformationTechnologyAndDataProcessing contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2500000000 </us-gaap:InformationTechnologyAndDataProcessing> | |||||||||||||||||||||
| <us-gaap:InsuranceCommissionsAndFees contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2760000000 </us-gaap:InsuranceCommissionsAndFees> | |||||||||||||||||||||
| <us-gaap:InterestAndDividendIncomeOperating contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 77916000000 </us-gaap:InterestAndDividendIncomeOperating> | |||||||||||||||||||||
| <us-gaap:InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 7944000000 </us-gaap:InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue> | |||||||||||||||||||||
| <us-gaap:InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 48703000000 </us-gaap:InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio> | |||||||||||||||||||||
| <us-gaap:InterestExpense contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 30807000000 </us-gaap:InterestExpense> | |||||||||||||||||||||
| <us-gaap:InterestExpenseDeposits contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 7807000000 </us-gaap:InterestExpenseDeposits> | |||||||||||||||||||||
| <us-gaap:InterestExpenseLongTermDebt contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 15413000000 </us-gaap:InterestExpenseLongTermDebt> | |||||||||||||||||||||
| <us-gaap:InterestExpenseShortTermBorrowings contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 5512000000 </us-gaap:InterestExpenseShortTermBorrowings> | |||||||||||||||||||||
| <us-gaap:InterestExpenseTradingLiabilities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2075000000 </us-gaap:InterestExpenseTradingLiabilities> | |||||||||||||||||||||
| <us-gaap:InterestIncomeExpenseNet contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 47109000000 </us-gaap:InterestIncomeExpenseNet> | |||||||||||||||||||||
| <us-gaap:InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2894000000 </us-gaap:InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell> | |||||||||||||||||||||
| <us-gaap:InterestPaidNet contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 37602000000 </us-gaap:InterestPaidNet> | |||||||||||||||||||||
| <us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 5 – Securities</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The amortized cost, gross unrealized gains and losses in accumulated OCI, and fair value of AFS debt and marketable equity securities at December 31, 2009 and 2008 were:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="63%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="4"></td> <td height="12" colspan="3"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amortized<br /> Cost</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Gross<br /> Unrealized<br /> Gains</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Gross<br /> Unrealized<br /> Losses</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Fair Value</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Available-for-sale debt securities, December 31, 2009</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. Treasury and agency securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22,648</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>414</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(37</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23,025</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage-backed securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Agency</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>164,677</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,415</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(846</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>166,246</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Agency-collateralized mortgage obligations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25,330</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>464</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(13</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25,781</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency residential <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>37,940</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,191</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,028</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>35,103</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency commercial</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,354</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>671</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(116</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,909</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,732</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>61</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(896</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,897</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate bonds</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,136</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>182</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(126</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,192</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other taxable securities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,475</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>245</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(478</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,242</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total taxable securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>287,292</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,643</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,540</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>286,395</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15,334</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>115</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(243</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15,206</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total available-for-sale debt securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>302,626</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,758</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,783</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>301,601</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Available-for-sale marketable equity securities <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,020</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,895</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(507</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,408</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Available-for-sale debt securities, December 31, 2008</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. Treasury and agency securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,540</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">121</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(14</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,647</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage-backed securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Agency</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">191,913</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,064</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(146</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">194,831</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency residential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">40,139</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">860</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8,825</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">32,174</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency commercial</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,085</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(512</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,573</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,675</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(678</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,003</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate bonds</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,560</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,022</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,569</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other taxable securities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">24,832</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,300</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23,543</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total taxable securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">275,744</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,093</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(12,497</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">267,340</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,501</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">44</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(981</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,564</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total available-for-sale debt securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">286,245</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,137</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(13,478</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">276,904</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Available-for-sale marketable equity securities <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,892</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,717</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,537</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,072</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes approximately 85 percent of prime bonds, 10 percent of Alt-A bonds and five percent of subprime bonds.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes substantially all ABS.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Recorded in other assets on the Corporation’s Consolidated Balance Sheet.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the amortized cost and fair value of HTM debt securities was $9.8 billion and $9.7 billion, which includes ABS that were issued by the Corporation’s credit card securitization trust and retained by the Corporation with an amortized cost of $6.6 billion and a fair value of $6.4 billion. At December 31, 2008, both the amortized cost and fair value of HTM debt securities were $685 million. The accumulated net unrealized gains (losses) on AFS debt and marketable equity securities included in accumulated OCI were $(628) million and $2.1 billion, net of the related income tax expense (benefit) of $(397) million and $1.3 billion. At December 31, 2009 and 2008, the Corporation had nonperforming AFS debt securities of $467 million and $291 million.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2009, the Corporation transferred $5.6 billion of auction rate securities (ARS) from trading account assets to AFS debt securities due to the Corporation’s decision to hold these securities. During 2008, the Corporation reclassified $12.6 billion of AFS debt securities to trading account assets in connection with the Countrywide acquisition as the Corporation realigned its AFS portfolio. Further, the Corporation transferred $1.7 billion of leveraged lending bonds from trading account assets to AFS debt securities due to the Corporation’s decision to hold these bonds.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2009, the Corporation recorded other-than-temporary impairment losses on AFS and HTM debt securities as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="24"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="22" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Non-agency<br /> Residential<br /> MBS</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Non-agency<br /> Commercial<br /> MBS</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Foreign<br /> Securities</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Corporate<br /> Bonds</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Other Taxable<br /> Securities <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total other-than-temporary impairment losses (unrealized<br /> and realized)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,240</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(360</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(87</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(815</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,508</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Unrealized other-than-temporary impairment losses<br /> recognized in OCI <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">672</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>672</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Net impairment losses recognized in earnings <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">3)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,568</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(360</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(87</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(815</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,836</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes $31 million of other-than-temporary impairment losses on HTM debt securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents the noncredit component of other-than-temporary impairment losses on AFS debt securities. For 2009, for certain securities, the Corporation recognized credit losses in excess of unrealized losses in OCI. In these instances, a portion of the credit losses recognized in earnings has been offset by an unrealized gain. Balances above exclude $582 million of gross gains recorded in OCI related to these securities for 2009.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents the credit component of other-than-temporary impairment losses on AFS and HTM debt securities.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Activity related to the credit component recognized in earnings on debt securities held by the Corporation for which a portion of the other-than-temporary impairment loss remains in OCI for 2009 is as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="85%"></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="3"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, January 1, 2009</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Credit component of other-than-temporary impairment not reclassified to OCI in connection with the cumulative-effect transition adjustment <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Additions for the credit component on debt securities on which other-than temporary impairment was not previously recognized <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>420</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, December 31, 2009</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>442</b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As of January 1, 2009, the Corporation had securities with $134 million of other-than-temporary impairment previously recognized in earnings of which $22 million represented the credit component and $112 million represented the noncredit component which was reclassified to OCI through a cumulative-effect transition adjustment.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2009, the Corporation recognized $2.4 billion of other-than-temporary impairment losses on debt securities in which no portion of other-than-temporary impairment loss remained in OCI. Other-than-temporary impairment losses related to these securities are excluded from these amounts.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As of December 31, 2009, those debt securities with other-than-temporary impairment for which a portion of the other-than-temporary impairment loss remains in OCI consisted entirely of non-agency residential Mortgage-backed Securities (MBS). The Corporation estimates the portion of loss attributable to credit using a discounted cash flow model. The Corporation estimates the expected cash flows of the underlying collateral using internal credit risk, interest rate and prepayment risk models that incorporate management’s best estimate of current key assumptions such as default rates, loss severity and prepayment rates. Assumptions used can vary widely from loan to loan, and are influenced by such factors as loan interest rate, geographical location of the borrower, borrower characteristics and collateral type. The Corporation then uses a third party vendor to determine how the underlying collateral cash flows will be distributed to each security issued from the structure. Expected principal and interest cash flows on the impaired debt security are discounted using the book yield of each individual impaired debt security.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Based on the expected cash flows derived from the model, the Corporation expects to recover the unrealized losses in accumulated OCI on non-agency residential MBS. Significant assumptions used in the valuation of non-agency residential MBS were as follows at December 31, 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="36%"></td> <td valign="bottom" width="17%"></td> <td></td> <td></td> <td valign="bottom" width="14%"></td> <td></td> <td valign="bottom" width="10%"></td> <td></td> <td></td> <td valign="bottom" width="14%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="3"></td> <td height="8" colspan="2"></td> <td height="8" colspan="6"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Range <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Weighted-<br /> average</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10<font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">th<br /> </sup>Percentile <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>90<font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">th</sup><br /> Percentile <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Prepayment speed <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>32.7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Loss severity <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>51.0</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21.8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>61.3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Life default rate <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>48.4</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.1</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>98.7</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents the range of inputs/assumptions based upon the underlying collateral.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The value of a variable below which the indicated percentile of observations will fall.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Annual constant prepayment speed.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Loss severity rates are projected considering collateral characteristics such as LTV, creditworthiness of borrowers (FICO score) and geographic concentration. Weighted-average severity by collateral type was 47 percent for prime bonds, 52 percent for Alt-A bonds and 55 percent for subprime bonds.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Default rates are projected by considering collateral characteristics including, but not limited to LTV, FICO and geographic concentration. Weighted-average life default rate by collateral type was 36 percent for prime bonds, 56 percent for Alt-A bonds and 65 percent for subprime bonds.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table presents the current fair value and the associated gross unrealized losses on investments in securities with gross unrealized losses at December 31, 2009 and 2008. The table also discloses whether these securities have had gross unrealized losses for less than twelve months, or for twelve months or longer.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 7px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Less than Twelve Months</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Twelve Months or Longer</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Fair<br /> Value</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Gross<br /> Unrealized<br /> Losses</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Fair<br /> Value</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Gross<br /> Unrealized<br /> Losses</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Fair Value</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Gross<br /> Unrealized<br /> Losses</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 0.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Temporarily-impaired available-for-sale debt securities at December 31, 2009</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. Treasury and agency securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,655</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(37</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,655</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(37</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage-backed securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Agency</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>53,979</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(817</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>740</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>54,719</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(846</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Agency-collateralized mortgage obligations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>965</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(10</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>747</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,712</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(13</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency residential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,907</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(557</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,613</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,370</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,520</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,927</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency commercial</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,263</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,711</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(81</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,974</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(116</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>169</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(27</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,355</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(869</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,524</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(896</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate bonds</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,157</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(71</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>294</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(55</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,451</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(126</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other taxable securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,779</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(70</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>932</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(408</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,711</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(478</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total taxable securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>72,874</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,624</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,392</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,815</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>94,266</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,439</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,716</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(93</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,989</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(150</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,705</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(243</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 3.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Total temporarily-impaired available-for-sale<br /> debt securities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>77,590</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,717</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23,381</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,965</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>100,971</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,682</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 0.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Temporarily-impaired available-for-sale marketable<br /> equity securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>338</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(113</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,554</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(394</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,892</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(507</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total temporarily-impaired available-for-sale securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>77,928</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,830</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>24,935</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(5,359</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>102,863</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(7,189</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 0.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Other-than-temporarily impaired available-for-sale<br /> debt securities <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage-backed securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency residential</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>51</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(17</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,076</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(84</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,127</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(101</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 3.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Total temporarily-impaired and other-than-temporarily impaired available-for-sale securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>77,979</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,847</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>26,011</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(5,443</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>103,990</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(7,290</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 0.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Temporarily-impaired available-for-sale debt securities at December 31, 2008</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. Treasury and agency securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">306</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(14</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">306</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(14</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage-backed securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Agency</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,282</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(12</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,508</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(134</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,790</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(146</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency residential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,853</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,750</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,783</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,075</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">21,636</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8,825</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency commercial</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">215</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(26</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,358</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(486</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,573</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(512</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,491</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(562</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,126</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(116</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,617</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(678</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate bonds</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,573</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(934</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">666</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(88</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,239</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,022</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other taxable securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,870</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,077</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">501</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(223</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,371</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,300</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total taxable securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">41,590</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(9,375</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,942</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,122</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">55,532</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(12,497</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,386</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(682</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,540</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(299</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,926</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(981</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 3.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Total temporarily-impaired available-for-sale<br /> debt securities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">47,976</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(10,057</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15,482</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,421</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">63,458</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(13,478</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 0.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Temporarily-impaired available-for-sale marketable<br /> equity securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,431</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(499</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,555</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,038</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,986</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,537</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total temporarily-impaired available-for-sale securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51,407</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(10,556</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,037</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,459</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">68,444</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(15,015</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes other-than-temporarily impaired available-for-sale debt securities in which a portion of the other-than-temporary impairment loss remains in OCI.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The impairment of AFS debt and marketable equity securities is based on a variety of factors, including the length of time and extent to which the market value has been less than cost, the financial condition of the issuer of the security, and the Corporation’s intent and ability to hold the security to recovery.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the amortized cost of approximately 12,000 AFS securities exceeded their fair value by $7.3 billion. Included in the $7.3 billion of gross unrealized losses on AFS securities at December 31, 2009, was $1.9 billion of gross unrealized losses that have existed for less than twelve months and $5.4 billion of gross unrealized losses that have existed for a period of twelve months or longer. Of the gross unreal ized losses existing for twelve months or longer, $3.6 billion, or 66 percent, of the gross unrealized losses are related to approximately 500 MBS primarily due to continued deterioration in collateralized mortgage obligation values driven by illiquidity in the markets. In addition, of the gross unrealized losses existing for twelve months or longer, $394 million, or seven percent, is related to approximately 800 AFS marketable equity securities primarily due to the overall decline in the market during 2008. The Corporation has no intent to sell these securities and it is not more-likely-than-not that the Corporation will be required to sell these securities before recovery of amortized cost.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The amortized cost and fair value of the Corporation’s investment in AFS debt securities from the Federal National Mortgage Association (FNMA), Government National Mortgage Association (GNMA) and the Federal Home Loan Mortgage Corporation (FHLMC) that exceeded 10 percent of consolidated shareholders’ equity at December 31, 2009 and 2008 were:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="60%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="14"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="13" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amortized<br /> Cost</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Fair Value</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Amortized<br /> Cost</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Fair Value</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.6em; MARGIN-BOTTOM: 1px; MARGIN-LEFT: 1.6em"> <font style="FONT-FAMILY: ARIAL" size="1">Federal National Mortgage Association</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>100,321</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>101,096</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">102,908</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">104,126</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.6em; MARGIN-BOTTOM: 1px; MARGIN-LEFT: 1.6em"> <font style="FONT-FAMILY: ARIAL" size="1">Government National Mortgage Association</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>60,610</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>61,121</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">43,713</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">44,627</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.6em; MARGIN-BOTTOM: 1px; MARGIN-LEFT: 1.6em"> <font style="FONT-FAMILY: ARIAL" size="1">Federal Home Loan Mortgage Corporation</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>29,076</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>29,810</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">46,114</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">46,859</font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Securities are pledged or assigned to secure borrowed funds, government and trust deposits and for other purposes. The carrying value of pledged securities was $122.7 billion and $158.9 billion at December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The expected maturity distribution of the Corporation’s MBS and the contractual maturity distribution of the Corporation’s other debt secu rities, and the yields of the Corporation’s AFS debt securities portfolio at December 31, 2009 are summarized in the following table. Actual maturities may differ from the contractual or expected maturities since borrowers may have the right to prepay obligations with or without prepayment penalties.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="51%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="38"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="36" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31, 2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Due in One<br /> Year or Less</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Due after One Year<br /> through Five Years</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Due after Five Years<br /> through Ten Years</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Due after Ten Years</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amount</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Yield <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amount</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Yield <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amount</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Yield <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amount</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Yield <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amount</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Yield <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Fair value of available-for-sale debt securities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. Treasury and agency securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">231</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.94</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,888</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.31</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,774</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.78</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,132</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.73</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23,025</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.59</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage-backed securities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Agency</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">28</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.48</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">78,579</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.81</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">33,351</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.66</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">54,288</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.52</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">166,246</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.69</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Agency-collateralized mortgage obligations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">495</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.83</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,360</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.39</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,778</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.53</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">148</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.98</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,781</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.48</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency residential</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">757</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.58</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,068</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9.34</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,790</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.61</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,488</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.09</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">35,103</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.38</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Non-agency commercial</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">132</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.22</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,729</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.91</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,779</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10.89</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">269</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.17</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,909</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">105</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.03</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,828</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.33</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">96</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.60</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,868</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.21</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,897</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.53</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate bonds</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">592</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.22</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,311</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.68</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,662</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.47</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">627</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.59</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,192</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.31</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other taxable securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,297</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.17</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,921</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.92</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">203</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.19</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">821</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,242</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.24</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total taxable securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,637</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.82</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">125,684</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.24</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">58,433</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.81</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">87,641</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.45</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">286,395</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.73</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Tax-exempt securities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,413</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.28</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,772</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.38</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,450</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.39</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,571</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.29</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15,206</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.56</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total available-for-sale debt securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,050</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>127,456</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5.25</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>61,883</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.89</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>91,212</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.48</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>301,601</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.67</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 0.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Amortized cost of available-for-sale debt securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,271</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>127,395</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>61,103</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>92,857</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>302,626</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Yields are calculated based on the amortized cost of the securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Yields of tax-exempt securities are calculated on a fully taxable-equivalent (FTE) basis.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The components of realized gains and losses on sales of debt securities for 2009, 2008 and 2007 were:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 7px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="57%"></td> <td valign="bottom" width="8%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Gross gains</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,047</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,367</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">197</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Gross losses</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(324</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(243</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(17</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Net gains on sales of debt securities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,723</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,124</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">180</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The income tax expense attributable to realized net gains on sales of debt securities was $1.7 billion, $416 million and $67 million in 2009, 2008 and 2007, respectively.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Certain Corporate and Strategic Investments</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, the Corporation owned approximately 11 percent, or 25.6 billion common shares and 19 percent, or 44.7 billion common shares of China Construction Bank (CCB). During 2009, the Corporation sold its initial investment of 19.1 billion common shares in CCB for a pre-tax gain of $7.3 billion. These shares were accounted for at fair value and recorded as AFS marketable equity securities in other assets with an offset, net-of-tax, in accumulated OCI. The remaining investment of 25.6 billion common shares is accounted for at cost, is recorded in other assets and is non-transferable until August 2011. At December 31, 2009 and 2008, the cost of the CCB investment was $9.2 billion and $12.0 billion, the carrying value was $9.2 billion and $19.7 billion, and the fair value was $22.0 billion and $24.5 billion. Dividend income on this investment is recorded in equity investment income. The Corporation remains a significant shareholder in CCB and intends to continue the important long-term strategic alliance with CCB originally entered into in 2005. As part of this alliance, the Corporation expects to continue to provide advice and assistance to CCB.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, the Corporation owned approximately 188.4 million and 171.3 million preferred shares and 56.5 million and 51.3 million common shares of Itaú Unibanco Holding S.A. (Itaú Unibanco). During 2009, the Corporation received a dividend of 17.1 million preferred shares and 5.2 million common shares. The Itaú Unibanco investment is accounted for at fair value and recorded as AFS marketable equity securities in other assets with an offset, net-of-tax, in accumulated OCI. Dividend income on this investment is recorded in equity investment income. At December 31, 2009 and 2008, the cost of this investment was $2.6 billion and the fair value was $5.4 billion and $2.5 billion.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, the Corporation had a 24.9 percent, or $2.5 billion and $2.1 billion, investment in Grupo Financiero Santander, S.A., the subsidiary of Grupo Santander, S.A. This investment is recorded in other assets and is accounted for under the equity method of accounting with income being recorded in equity investment income.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As part of the acquisition of Merrill Lynch, the Corporation acquired an economic ownership in BlackRock, a publicly traded investment company. At December 31, 2009, the carrying value was $10.0 billion representing approximately a 34 percent economic ownership interest in BlackRock. This investment is recorded in other assets and is accounted for using the equity method of accounting with income being recorded in equity investment income. During 2009, BlackRock completed its purchase of Barclays Global Investors, an asset management business, from Barclays PLC which had the effect of diluting the Corporation’s ownership interest in BlackRock from approximately 50 percent to approximately 34 percent and, for accounting purposes, was treated as a sale of a portion of the Corporation’s ownership interest. As a result, upon the closing of this transaction, the Corporation recorded an adjustment to its investment in BlackRock, resulting in a pre-tax gain of $1.1 billion. The summarized earnings information for BlackRock, which represents 100 percent of BlackRock, includes revenues of $4.7 billion, operating income and income before income taxes of $1.3 billion, and net income of $875 million in 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On June 26, 2009, the Corporation entered into a joint venture agreement with First Data Corporation (First Data) creating Banc of America Merchant Services, LLC. Under the terms of the agreement, the Corporation contributed its merchant processing business to the joint venture and First Data contributed certain merchant processing contracts and personnel resources. The Corporation recorded in other income a pre-tax gain of $3.8 billion related to this transaction. The Corporation owns approximately 46.5 percent of this joint venture, 48.5 percent is owned by First Data, with the remaining stake held by a third party investor. The third party investor has the right to put their interest to the joint venture which would have the effect of increasing the Corporation’s ownership interest to 49 percent. The investment in the joint venture, which was initially recorded at a fair value of $4.7 billion, is being accounted for under the equity method of accounting with income being recorded in equity investment income. The carrying value at December 31, 2009 was $4.7 billion.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> </div> </us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock> | |||||||||||||||||||||
| <us-gaap:LaborAndRelatedExpense contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 31528000000 </us-gaap:LaborAndRelatedExpense> | |||||||||||||||||||||
| <us-gaap:LongTermDebtTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 13 – Long-term Debt</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Long-term debt consists of borrowings having an original maturity of one year or more. The following table presents the balance of long-term debt at December 31, 2009 and 2008 and the related rates and maturity dates at December 31, 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="82%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="6"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Notes issued by Bank of America Corporation</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Senior notes:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 4.80%, ranging from 0.61% to 7.63%, due 2010 to 2043</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>78,282</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">64,799</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, with a weighted-average rate of 1.17%, ranging from 0.15% to 4.57%, due 2010 to 2041</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>47,731</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51,488</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Structured notes</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,897</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,565</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Subordinated notes:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 5.69%, ranging from 2.40% to 10.20%, due 2010 to 2038</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>28,017</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">29,618</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, with a weighted-average rate of 1.60%, ranging from 0.60% to 4.39%, due 2016 to 2019</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>681</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">650</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Junior subordinated notes (related to trust preferred securities):</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 6.71%, ranging from 5.25% to 11.45%, due 2026 to 2055</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15,763</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15,606</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, with a weighted-average rate of 0.88%, ranging from 0.50% to 3.63%, due 2027 to 2056</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,517</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,736</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total notes issued by Bank of America Corporation</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>182,888</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">171,462</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Notes issued by Merrill Lynch & Co., Inc. and subsidiaries</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Senior notes:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 5.24%, ranging from 0.05% to 8.83%, due 2010 to 2066</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>52,506</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, with a weighted-average rate of 0.80%, ranging from 0.13% to 5.29%, due 2010 to 2044</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>36,624</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Structured notes</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>48,518</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Subordinated notes:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 6.07%, ranging from 0.12% to 8.13%, due 2010 to 2038</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,258</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, with a weighted-average rate of 1.12%, ranging from 0.83% to 1.26%, due 2017 to 2037</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,857</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Junior subordinated notes (related to trust preferred securities):</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 6.93%, ranging from 6.45% to 7.38%, due 2062 to 2066</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,552</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other long-term debt</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,636</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total notes issued by Merrill Lynch & Co., Inc. and subsidiaries</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>154,951</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Notes issued by Bank of America, N.A. and other subsidiaries</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Senior notes:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 2.16%, ranging from 0.40% to 8.10%, due 2010 to 2027</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,461</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,103</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, with a weighted-average rate of 0.38%, ranging from 0.15% to 3.31%, due 2010 to 2051</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>24,846</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">28,467</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Subordinated notes:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 5.91%, ranging from 5.30% to 7.13%, due 2012 to 2036</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,193</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,593</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, with a weighted-average rate of 0.73%, ranging from 0.25% to 3.76%, due 2010 to 2027</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,272</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,796</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total notes issued by Bank of America, N.A. and other subsidiaries</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>44,772</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">42,959</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Notes issued by NB Holdings Corporation</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Junior subordinated notes (related to trust preferred securities):</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, 0.85%, due 2027</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">258</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total notes issued by NB Holdings Corporation</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">258</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Notes issued by BAC North America Holding Company and subsidiaries</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Senior notes:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 5.40%, ranging from 3.00% to 7.00%, due 2010 to 2026</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>420</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">562</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Junior subordinated notes (related to trust preferred securities):</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, 6.97%, perpetual</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>490</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">491</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, with a weighted-average rate of 1.54%, ranging from 0.31% to 2.03%, perpetual</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>945</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">940</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total notes issued by BAC North America Holding Company and subsidiaries</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,855</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,993</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Other debt</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Advances from Federal Home Loan Banks:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Fixed, with a weighted-average rate of 4.08%, ranging from 0.36% to 8.29%, due 2010 to 2028</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>53,032</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">48,495</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Floating, with a weighted-average rate of 0.14%, ranging from 0.13% to 0.14%, due 2011 to 2013</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>750</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,750</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">375</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total other debt</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>53,797</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51,620</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total long-term debt</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>438,521</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">268,292</font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The majority of the floating rates are based on three- and six-month London InterBank Offered Rates (LIBOR).</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Bank of America Corporation, Merrill Lynch & Co., Inc. and subsidiaries, and Bank of America, N.A. maintain various domestic and international debt programs to offer both senior and subordinated notes. The notes may be denominated in U.S. dollars or foreign currencies. At December 31, 2009 and 2008, the amount of foreign currency-denominated debt translated into U.S. dollars included in total long-term debt was $156.8 billion and $53.3 billion. Foreign currency contracts are used to convert certain foreign currency-denominated debt into U.S. dollars.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, Bank of America Corporation was authorized to issue approximately $119.1 billion and $92.9 billion of additional corporate debt and other securities under its existing domestic shelf registration statements. At December 31, 2009 and 2008, Bank of America, N.A. was authorized to issue $35.3 billion and $48.3 billion of additional bank notes. Long-term bank notes outstanding under Bank of America, N.A.’s $75.0 billion bank note program totaled $19.1 billion and $16.2 billion at December 31, 2009 and 2008. In addition, Bank of America, N.A. was authorized to issue $20.6 billion of additional mortgage notes under the $30.0 billion mortgage bond program at both December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The weighted-average effective interest rates for total long-term debt (excluding structured notes), total fixed-rate debt and total floating-rate debt (based on the rates in effect at December 31, 2009) were 3.62 percent, 4.93 percent and 0.80 percent, respectively, at December 31, 2009 and (based on the rates in effect at December 31, 2008) were 4.26 percent, 5.05 percent and 2.80 percent, respectively, at December 31, 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The weighted-average interest rate for debt (excluding structured notes) issued by Merrill Lynch & Co., Inc. and subsidiaries was 3.73 percent at December 31, 2009. The Corporation has not assumed or guaranteed the $154 billion of long-term debt that was issued or guaranteed by Merrill Lynch & Co., Inc. or its subsidiaries prior to the acquisition of Merrill Lynch by the Corporation. Beginning late in the third quarter of 2009, in connection with the update or renewal of certain Merrill Lynch international securities offering programs, the Corporation agreed to guarantee debt securities, warrants and/or certificates issued by certain subsidiaries of Merrill Lynch & Co., Inc. on a going forward basis. All existing Merrill Lynch & Co., Inc. guarantees of securities issued by those same Merrill Lynch subsidiaries under various international securities offering programs will remain in full force and effect as long as those securities are outstanding, and the Corporation has not assumed any of those prior Merrill Lynch & Co., Inc. guarantees or otherwise guaranteed such securities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, certain structured notes acquired in the acquisition of Merrill Lynch are accounted for under the fair value option. For more information on these structured notes, see <i>Note 20 – Fair Value Measurements</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Aggregate annual maturities of long-term debt obligations at December 31, 2009 are as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="44%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2010</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2011</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2012</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2013</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2014</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Thereafter</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Bank of America Corporation</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23,354</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15,711</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">39,880</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,714</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,119</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">80,110</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>182,888</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch & Co., Inc. and subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31,680</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,867</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,760</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">21,246</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,210</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">46,188</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>154,951</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Bank of America, N.A. and other subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,779</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">58</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,759</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,240</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">99</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,837</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>44,772</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">NB Holdings Corporation</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">258</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">BAC North America Holding Company and subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">74</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">43</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">45</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,652</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,855</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23,257</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,364</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,597</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,132</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,272</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">175</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>53,797</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>99,144</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>54,043</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>70,011</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>37,358</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>34,745</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>143,220</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>438,521</b></font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Certain structured notes contain provisions whereby the borrowings are redeemable at the option of the holder (put options) at specified dates prior to maturity. Other structured notes have coupon or repayment terms linked to the performance of debt or equity securities, indices, currencies or commodities and the maturity may be accelerated based on the value of a referenced index or security. In both cases, the Corporation or a subsidiary, may be required to settle the obligation for cash or other securities prior to the contractual maturity date. These borrowings are reflected in the above table as maturing at their earliest put or redemption date.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Trust Preferred and Hybrid Securities</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Trust preferred securities (Trust Securities) are issued by trust companies (the Trusts) that are not consolidated. These Trust Securities are mandatorily redeemable preferred security obligations of the Trusts. The sole assets of the Trusts generally are junior subordinated deferrable interest notes of the Corporation or its subsidiaries (the Notes). The Trusts generally are 100 percent owned finance subsidiaries of the Corporation. Obligations associated with the Notes are included in the Long-term Debt table on the previous page.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Certain of the Trust Securities were issued at a discount and may be redeemed prior to maturity at the option of the Corporation. The Trusts generally have invested the proceeds of such Trust Securities in the Notes. Each issue of the Notes has an interest rate equal to the corresponding Trust Securities distribution rate. The Corporation has the right to defer payment of interest on the Notes at any time or from time to time for a period not exceeding five years provided that no extension period may extend beyond the stated maturity of the relevant Notes. During any such extension period, distributions on the Trust Securities will also be deferred and the Corporation’s ability to pay dividends on its common and preferred stock will be restricted.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Trust Securities generally are subject to mandatory redemption upon repayment of the related Notes at their stated maturity dates or their earlier redemption at a redemption price equal to their liquidation amount plus accrued distributions to the date fixed for redemption and the premium, if any, paid by the Corporation upon concurrent repayment of the related Notes.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Periodic cash payments and payments upon liquidation or redemption with respect to Trust Securities are guaranteed by the Corporation or its subsidiaries to the extent of funds held by the Trusts (the Preferred Securities Guarantee). The Preferred Securities Guarantee, when taken together with the Corporation’s other obligations including its obligations under the Notes, generally will constitute a full and unconditional guarantee, on a subordinated basis, by the Corporation of payments due on the Trust Securities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Hybrid Income Term Securities (HITS) totaling $1.6 billion were also issued by the Trusts to institutional investors in 2007. The BAC Capital Trust XIII Floating Rate Preferred HITS have a distribution rate of three-month LIBOR plus 40 bps and the BAC Capital Trust XIV Fixed-to-Floating Rate Preferred HITS have an initial distribution rate of 5.63 percent. Both series of HITS represent beneficial interests in the assets of the respective capital trust, which consist of a series of the Corporation’s junior subordinated notes and a stock purchase contract for a specified series of the Corporation’s preferred stock. The Corporation will remarket the junior subordinated notes underlying each series of HITS on or about the five-year anniversary of the issuance to obtain sufficient funds for the capital trusts to buy the Corporation’s preferred stock under the stock purchase contracts.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In connection with the HITS, the Corporation entered into two replacement capital covenants for the benefit of investors in certain series of the Corporation’s long-term indebtedness (Covered Debt). As of December 31, 2009, the Corporation’s 6.625% Junior Subordinated Notes due 2036 constitute the Covered Debt under the covenant corresponding to the Floating Rate Preferred HITS and the Corporation’s 5.625% Junior Subordinated Notes due 2035 constitute the Covered Debt under the covenant corresponding to the Fixed-to-Floating Rate Preferred HITS. These covenants generally restrict the ability of the Corporation and its subsidiaries to redeem or purchase the HITS and related securities unless the Corporation has obtained the prior approval of the Board of Governors of the Federal Reserve System (Federal Reserve) if required under the Federal Reserve’s capital guidelines, the redemption or purchase price of the HITS does not exceed the amount received by the Corporation from the sale of certain qualifying securities, and such replacement securities qualify as Tier 1 Capital and are not “restricted core capital elements” under the Federal Reserve’s guidelines.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Also included in the outstanding Trust Securities and Notes in the following table are non-consolidated wholly owned subsidiary funding vehicles of BAC North America Holding Company (BACNAH, formerly ABN AMRO North America Holding Company) and its subsidiary, LaSalle, that issued preferred securities (Funding Securities). These subsidiary funding vehicles have invested the proceeds of their Funding Securities in separate series of preferred securities of BACNAH or LaSalle, as applicable (BACNAH Preferred Securities). The BACNAH Preferred Securities (and the corresponding Funding Securities) are non-cumulative and permit nonpayment of dividends within certain limitations. The issuance dates for the BACNAH Preferred Securities (and the related Funding Securities) range from 2000 to 2001. These Funding Securities are subject to mandatory redemption upon repayment by the issuer of the corresponding series of BACNAH Preferred Securities at a redemption price equal to their liquidation amount plus accrued and unpaid distributions for up to one quarter.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">For additional information on Trust Securities for regulatory capital purposes, <i>see Note 16 – Regulatory Requirements and Restrictions</i>.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table is a summary of the outstanding Trust and Hybrid Securities and the related Notes at December 31, 2009 as originated by Bank of America Corporation and its predecessor companies and subsidiaries.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="34%"></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="2"></td> <td height="8" colspan="3"></td> <td height="8" colspan="3"></td> <td height="8" colspan="2"></td> <td height="8" colspan="3"></td> <td height="8" colspan="2"></td> <td height="8" colspan="2"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="3" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Issuance Date</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="3" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Aggregate<br /> Principal<br /> Amount<br /> of Trust<br /> Securities</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="3" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Aggregate<br /> Principal<br /> Amount<br /> of the<br /> Notes</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="3" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Stated Maturity<br /> of the Notes</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="3" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Per Annum Interest</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Rate of the Notes</b></font></p> </td> <td valign="bottom" rowspan="3"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="3" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Interest Payment<br /> Dates</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="3" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Redemption Period</b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b><font size="1">Issuer</font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>Bank of America</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust I</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">575</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>593</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2031</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 12/15/06</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust II</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">January 2002</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">900</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>928</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">February 2032</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/1,5/1,8/1,11/1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 2/01/07</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust III</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2002</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">500</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>516</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2032</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/15,5/15,8/15,11/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 8/15/07</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust IV</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">April 2003</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">375</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>387</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2033</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.88</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/1,5/1,8/1,11/1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 5/01/08</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust V</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2004</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">518</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>534</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2034</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/3,5/3,8/3,11/3</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/03/09</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust VI</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">March 2005</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,000</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,031</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">March 2035</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/8,9/8</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Any time</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust VII <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2005</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,415</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,415</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2035</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.25</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/10,8/10</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Any time</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust VIII</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2005</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">530</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>546</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2035</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/25,5/25,8/25,11/25</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 8/25/10</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust X</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">March 2006</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">900</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>928</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">March 2055</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.25</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/29,6/29,9/29,12/29</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 3/29/11</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust XI</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2006</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,000</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,031</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2036</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5/23,11/23</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Any time</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust XII</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2006</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">863</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>890</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2055</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.88</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/2,5/2,8/2,11/2</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 8/02/11</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust XIII</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">February 2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">700</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>700</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">March 2043</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +40 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 3/15/17</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust XIV</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">February 2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">850</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>850</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">March 2043</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,9/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 3/15/17</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust XV</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">500</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>500</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2056</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +80 bps</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/1,6/1,9/1,12/1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 6/01/37</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>NationsBank</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust II</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 1996</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">365</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>376</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2026</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.83</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 12/15/06</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust III</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">February 1997</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">500</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>515</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">January 2027</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +55 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/15,4/15,7/15,10/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 1/15/07</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust IV</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">April 1997</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">500</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>515</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">April 2027</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.25</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4/15,10/15</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 4/15/07</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>BankAmerica</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Institutional Capital A</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 1996</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">450</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>464</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2026</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.07</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6/30,12/31</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 12/31/06</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Institutional Capital B</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 1996</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">300</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>309</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2026</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.70</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6/30,12/31</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 12/31/06</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital II</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 1996</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">450</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>464</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2026</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 12/15/06</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital III</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">January 1997</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">400</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>412</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">January 2027</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +57 bps</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/15,4/15,7/15,10/15</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 1/15/02</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>Barnett</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital III</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">January 1997</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">250</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">February 2027</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +62.5 bps</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/1,5/1,8/1,11/1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 2/01/07</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>Fleet</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust II</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 1996</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">250</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2026</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.92</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 12/15/06</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust V</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 1998</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">250</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2028</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +100 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/18,6/18,9/18,12/18</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 12/18/03</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust VIII</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">March 2002</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">534</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>550</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">March 2032</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.20</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 3/08/07</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <font style="FONT-FAMILY: ARIAL" size="1">Capital Trust IX</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">July 2003</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">175</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>180</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2033</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.00</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/1,5/1,8/1,11/1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 7/31/08</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>BankBoston</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust III</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 1997</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">250</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2027</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +75 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 6/15/07</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust IV</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 1998</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">250</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2028</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +60 bps</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/8,6/8,9/8,12/8</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 6/08/03</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>Progress</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust I</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 1997</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2027</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10.50</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6/1,12/1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 6/01/07</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust II</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">July 2000</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">July 2030</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11.45</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/19,7/19</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 7/19/10</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust III</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2002</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2032</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +335 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/15,5/15,8/15,11/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/15/07</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust IV</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2002</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">January 2033</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +335 bps</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/7,4/7,7/7,10/7</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 1/07/08</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>MBNA</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust A</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 1996</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">250</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>258</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2026</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.28</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6/1,12/1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 12/01/06</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust B</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">January 1997</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">280</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>289</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">February 2027</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +80 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/1,5/1,8/1,11/1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 2/01/07</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust D</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2002</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">300</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>309</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">October 2032</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.13</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/1,4/1,7/1,10/1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 10/01/07</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust E</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2002</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">200</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>206</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">February 2033</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.10</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/15,5/15,8/15,11/15</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 2/15/08</font></td> </tr> <tr> <td valign="top" nowrap="nowrap"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>ABN AMRO North America</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series I</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>77</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/15,5/15,8/15,11/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series II</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>77</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series III</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>77</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/15,4/15,7/15,10/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series IV</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>77</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/28,5/30,8/30,11/30</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series V</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>77</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/30,6/30,9/30,12/30</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series VI</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>77</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/30,4/30,7/30,10/30</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series VII</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">88</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>88</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series IX</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">70</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>70</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/5,6/5,9/5,12/5</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series X</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">53</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>53</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/12,6/12,9/12,12/12</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series XI</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">27</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/26,6/26,9/26,12/26</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series XII</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2001</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">80</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>80</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/10,4/10,7/10,10/10</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series XIII</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2001</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">70</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>70</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +175 bps</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/24,4/24,7/24,10/24</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/8/12</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>LaSalle</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series I</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2000</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">491</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>491</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.97% through 9/15/2010;<br /> 3-mo. LIBOR +105.5 bps<br /> thereafter</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> <br /> <br /> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 9/15/10</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Series J</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">September 2000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">95</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>95</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo. LIBOR +5.5 bps<br /> through 9/15/2010; 3-mo.<br /> LIBOR +105.5 bps<br /> thereafter</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> <br /> <br /> <br /> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 9/15/10</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>Countrywide</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital III</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 1997</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">200</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>206</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2027</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.05</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Only under special event</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital IV</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">April 2003</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">500</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>515</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">April 2033</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.75</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1/1,4/1,7/1,10/1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 4/11/08</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital V</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2006</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,495</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,496</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2036</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.00</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2/1,5/1,8/1,11/1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 11/1/11</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: Arial" size="1"><b>Merrill Lynch</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Preferred Capital Trust III</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">January 1998</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">750</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>900</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/30,6/30,9/30,12/30</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 3/08</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Preferred Capital Trust IV</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 1998</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">400</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>480</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.12</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/30,6/30,9/30,12/30</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 6/08</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Preferred Capital Trust V</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 1998</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">850</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,021</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Perpetual</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.28</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/30,6/30,9/30,12/30</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 9/08</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust I</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2006</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,050</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,051</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2066</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.45</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 12/11</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust II</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">May 2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">950</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>951</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">June 2062</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.45</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 6/12</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 1.85em"><font style="FONT-FAMILY: ARIAL" size="1">Capital Trust III</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">August 2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">750</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>751</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">September 2062</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.375</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3/15,6/15,9/15,12/15</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after 9/12</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.85em; MARGIN-LEFT: 3.69em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">24,991</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25,823</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Aggregate principal amount of notes were issued in British Pound. Presentation currency is U.S. Dollar.</font></p> </td> </tr> </table> </div> </us-gaap:LongTermDebtTextBlock> | |||||||||||||||||||||
| <us-gaap:MarketingAndAdvertisingExpense contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 1933000000 </us-gaap:MarketingAndAdvertisingExpense> | |||||||||||||||||||||
| <us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -199568000000 </us-gaap:NetCashProvidedByUsedInFinancingActivities> | |||||||||||||||||||||
| <us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 157925000000 </us-gaap:NetCashProvidedByUsedInInvestingActivities> | |||||||||||||||||||||
| <us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 129731000000 </us-gaap:NetCashProvidedByUsedInOperatingActivities> | |||||||||||||||||||||
| <us-gaap:NetIncomeLoss contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 6276000000 </us-gaap:NetIncomeLoss> | |||||||||||||||||||||
| <us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -2204000000 </us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic> | |||||||||||||||||||||
| <us-gaap:NoninterestExpense contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 66713000000 </us-gaap:NoninterestExpense> | |||||||||||||||||||||
| <us-gaap:NoninterestIncome contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 72534000000 </us-gaap:NoninterestIncome> | |||||||||||||||||||||
| <us-gaap:NoninterestIncomeOtherOperatingIncome contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -14000000 </us-gaap:NoninterestIncomeOtherOperatingIncome> | |||||||||||||||||||||
| <us-gaap:OccupancyNet contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 4906000000 </us-gaap:OccupancyNet> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 3593000000 </us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 550000000 </us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 923000000 </us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 211000000 </us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherInterestAndDividendIncome contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 5428000000 </us-gaap:OtherInterestAndDividendIncome> | |||||||||||||||||||||
| <us-gaap:OtherNoninterestExpense contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 14991000000 </us-gaap:OtherNoninterestExpense> | |||||||||||||||||||||
| <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -9249000000 </us-gaap:PaymentsForProceedsFromOtherInvestingActivities> | |||||||||||||||||||||
| <us-gaap:PaymentsForProceedsFromOtherLoansAndLeases contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -21257000000 </us-gaap:PaymentsForProceedsFromOtherLoansAndLeases> | |||||||||||||||||||||
| <us-gaap:PaymentsForProceedsFromProductiveAssets contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2240000000 </us-gaap:PaymentsForProceedsFromProductiveAssets> | |||||||||||||||||||||
| <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 0 </us-gaap:PaymentsForRepurchaseOfCommonStock> | |||||||||||||||||||||
| <us-gaap:PaymentsForRepurchaseOfPreferredStockAndPreferenceStock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 45000000000 </us-gaap:PaymentsForRepurchaseOfPreferredStockAndPreferenceStock> | |||||||||||||||||||||
| <us-gaap:PaymentsOfDividends contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 4863000000 </us-gaap:PaymentsOfDividends> | |||||||||||||||||||||
| <us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 185145000000 </us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt> | |||||||||||||||||||||
| <us-gaap:PaymentsToAcquireHeldToMaturitySecurities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 3914000000 </us-gaap:PaymentsToAcquireHeldToMaturitySecurities> | |||||||||||||||||||||
| <us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 17 – Employee Benefit Plans</b></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Pension and Postretirement Plans</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation sponsors noncontributory trusteed pension plans that cover substantially all officers and employees, a number of noncontributory nonqualified pension plans, and postretirement health and life plans. The plans provide defined benefits based on an employee’s compensation and years of service. The Bank of America Pension Plan (the Pension Plan) provides participants with compensation credits, generally based on years of service. For account balances based on compensation credits prior to January 1, 2008, the Pension Plan allows participants to select from various earnings measures, which are based on the returns of certain funds or common stock of the Corporation. The participant-selected earnings measures determine the earnings rate on the individual participant account balances in the Pension Plan. Participants may elect to modify earnings measure allocations on a periodic basis subject to the provisions of the Pension Plan. For account balances based on compensation credits subsequent to December 31, 2007, the account balance earnings rate is based on a benchmark rate. For eligible employees in the Pension Plan on or after January 1, 2008, the benefits become vested upon completion of three years of service. It is the policy of the Corporation to fund not less than the minimum funding amount required by ERISA.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Pension Plan has a balance guarantee feature for account balances with participant-selected earnings, applied at the time a benefit payment is made from the plan that effectively provides principal protection for participant balances transferred and certain compensation credits. The Corporation is responsible for funding any shortfall on the guarantee feature.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In May 2008, the Corporation and the IRS entered into a closing agreement resolving all matters relating to an audit by the IRS of the Pension Plan and the Bank of America 401(k) Plan. The audit included a review of voluntary transfers by participants of 401(k) Plan accounts to the Pension Plan. In connection with the agreement, the Pension Plan transferred approximately $1.2 billion of assets and liabilities associated with the transferred accounts to a newly established defined contribution plan during 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As a result of recent acquisitions, the Corporation assumed the obligations related to the pension plans of FleetBoston, MBNA, U.S. Trust Corporation, LaSalle and Countrywide. These plans, together with the Pension Plan, are referred to as the Qualified Pension Plans. The Bank of America Pension Plan for Legacy Fleet (the FleetBoston Pension Plan) and the Bank of America Pension Plan for Legacy U.S. Trust Corporation (the U.S. Trust Pension Plan) are substantially similar to the Pension Plan discussed above; however, these plans do not allow participants to select various earnings measures; rather the earnings rate is based on a benchmark rate. In addition, both plans include participants with benefits determined under formulas based on average or career compensation and years of service rather than by reference to a pension account. The Bank of America Pension Plan for Legacy MBNA (the MBNA Pension Plan), the Bank of America Pension Plan for Legacy LaSalle (the LaSalle Pension Plan) and the Countrywide Financial Corporation Inc. Defined Benefit Pension Plan (the Countrywide Pension Plan) provide retirement benefits based on the number of years of benefit service and a percentage of the participant’s average annual compensation during the five highest paid consecutive years of the last ten years of employment. Effective December 31, 2008, the Countrywide Pension Plan, LaSalle Pension Plan, MBNA Pension Plan and U.S. Trust Pension Plan merged into the FleetBoston Pension Plan, which was renamed the Bank of America Pension Plan for Legacy Companies. The plan merger did not change participant benefits or benefit accruals as the Bank of America Pension Plan for Legacy Companies continues the respective benefit structures of the five plans for their respective participant groups.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As a result of the Merrill Lynch acquisition, the Corporation assumed the obligations related to the plans of Merrill Lynch. These plans include a terminated U.S. pension plan, non-U.S. pension plans, nonqualified pension plans and postretirement plans. The non-U.S. pension plans vary based on the country and local practices. The terminated U.S. pension plan and the non-U.S. pension plans are referred to as the Other Pension Plans.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In 1988, Merrill Lynch purchased a group annuity contract that guarantees the payment of benefits vested under the terminated U.S. pension plan. The Corporation, under a supplemental agreement, may be responsible for, or benefit from actual experience and investment performance of the annuity assets. The Corporation contributed $120 million under this agreement during 2009. Additional contributions may be required in the future under this agreement.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation sponsors a number of noncontributory, nonqualified pension plans (the Nonqualified Pension Plans). As a result of acquisitions, the Corporation assumed the obligations related to the noncontributory, nonqualified pension plans of former FleetBoston, MBNA, U.S. Trust Corporation, LaSalle, Countrywide and Merrill Lynch. These plans, which are unfunded, provide defined pension benefits to certain employees.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition to retirement pension benefits, full-time, salaried employees and certain part-time employees may become eligible to continue participation as retirees in health care and/or life insurance plans sponsored by the Corporation. Based on the other provisions of the individual plans, certain retirees may also have the cost of these benefits partially paid by the Corporation. The obligations assumed as a result of the acquisitions are substantially similar to the Corporation’s postretirement health and life plans, except for Countrywide which did not have a postretirement health and life plan. Collectively, these plans are referred to as the Postretirement Health and Life Plans.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The tables within this Note include the information related to the Countrywide plans beginning July 1, 2008 and the Merrill Lynch plans beginning January 1, 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table summarizes the changes in the fair value of plan assets, changes in the projected benefit obligation (PBO), the funded status of both the accumulated benefit obligation (ABO) and the PBO, and the weighted-average assumptions used to determine benefit obligations for the pension plans and postretirement plans at December 31, 2009 and 2008. Amounts recognized at December 31, 2009 and 2008 are reflected in other assets, and accrued expenses and other liabilities on the Consolidated Balance Sheet. The discount rate assumption is based on a cash flow matching technique and is subject to change each year. This technique utilizes yield curves that are based on Aa-rated corporate bonds with cash flows that match estimated benefit payments of each of the plans to produce the discount rate assumptions. The asset valuation method for the Qualified Pension Plans recognizes 60 percent of the prior year’s market gains or losses at the next measurement date with the remaining 40 percent spread equally over the subsequent four years.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="57%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="8"></td> <td height="8" colspan="2"></td> <td height="8" colspan="8"></td> <td height="8" colspan="2"></td> <td height="8" colspan="8"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" nowrap="nowrap" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Qualified Pension Plans <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" nowrap="nowrap" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Nonqualified and Other<br /> Pension Plans <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" nowrap="nowrap" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Postretirement Health<br /> and Life Plans <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Change in fair value of plan assets</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Fair value, January 1</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14,254</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,720</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>110</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">165</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Countrywide balance, July 1, 2008</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">305</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch balance, January 1, 2009</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,788</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Actual return on plan assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,238</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,310</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(58</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(43</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Company contributions <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,400</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>322</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">154</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>92</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">83</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Plan participant contributions</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>141</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">117</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Benefits paid</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(791</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(861</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(309</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(154</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(272</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(227</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Plan transfer</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,174</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Federal subsidy on benefits paid</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign currency exchange rate changes</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>100</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 2em"><font style="FONT-FAMILY: Arial" size="1"><b>Fair value, December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14,527</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,254</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,847</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>113</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">110</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Change in projected benefit obligation</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Projected benefit obligation, January 1</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,724</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,200</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,258</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,307</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,404</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,576</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Countrywide balance, July 1, 2008</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">439</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">53</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch balance, January 1, 2009</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,963</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>226</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Service cost</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>387</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">343</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>34</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>16</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Interest cost</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>740</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">837</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>243</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>93</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">87</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Plan participant contributions</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>141</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">117</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Plan amendments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>37</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Actuarial loss (gain)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>89</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,239</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>137</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(32</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(180</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Benefits paid</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(791</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(861</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(309</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(154</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(272</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(227</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Plan transfer</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,174</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Termination benefits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>36</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Curtailments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Federal subsidy on benefits paid</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign currency exchange rate changes</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>111</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 2em"><font style="FONT-FAMILY: Arial" size="1"><b>Projected benefit obligation, December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,048</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,724</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,436</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,258</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,620</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,404</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 2em"><font style="FONT-FAMILY: Arial" size="1"><b>Amount recognized, December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,479</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">530</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(589</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,256</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,507</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,294</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Funded status, December 31</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Accumulated benefit obligation</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,198</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,864</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,317</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,246</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Overfunded (unfunded) status of ABO</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,329</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,390</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(470</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,244</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Provision for future salaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>850</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">860</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>119</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Projected benefit obligation</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,048</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,724</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,436</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,258</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,620</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,404</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 1.5em"> <font style="FONT-FAMILY: Arial" size="1"><b>Weighted-average assumptions,</b></font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 1px; MARGIN-LEFT: 1.5em"> <font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Discount rate</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5.75</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5.63</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5.75</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Rate of compensation increase</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.00</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.00</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.69</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.00</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The measurement date for the Qualified Pension Plans, Nonqualified and Other Pension Plans, and Postretirement Health and Life Plans was December 31 of each year reported.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s best estimate of its contributions to be made to the Qualified Pension Plans, Nonqualified and Other Pension Plans, and Postretirement Health and Life Plans in 2010 is $0, $230 million and $116 million, respectively.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">n/a = not applicable</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts recognized in the Consolidated Financial Statements at December 31, 2009 and 2008 were as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="56%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="7"></td> <td height="12" colspan="2"></td> <td height="12" colspan="8"></td> <td height="12" colspan="2"></td> <td height="12" colspan="8"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" nowrap="nowrap" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Qualified<br /> Pension Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" nowrap="nowrap" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Nonqualified and Other<br /> Pension Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" nowrap="nowrap" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Postretirement Health<br /> and Life Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,479</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">607</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>831</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(77</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,420</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,256</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,507</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,294</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 2em"><font style="FONT-FAMILY: Arial" size="1"><b>Net amount recognized at December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,479</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">530</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(589</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,256</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,507</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,294</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Net periodic benefit cost (income) for 2009, 2008 and 2007 included the following components:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="47%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="12"></td> <td height="12" colspan="2"></td> <td height="12" colspan="12"></td> <td height="12" colspan="2"></td> <td height="12" colspan="12"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Qualified Pension Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Nonqualified and Other<br /> Pension Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="center"> <font style="FONT-FAMILY: Arial" size="1"><b>Postretirement Health</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="center"> <font style="FONT-FAMILY: Arial" size="1"><b>and Life Plans</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Components of net periodic benefit cost (income)</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Service cost</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>387</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">343</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">316</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>34</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b> 16</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1"> 16</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1"> 16</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Interest cost</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>740</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">837</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">761</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>243</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">71</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>93</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">87</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">84</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Expected return on plan assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,231</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,444</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,312</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(222</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(13</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of transition obligation</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>31</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">32</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of prior service cost (credits)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>39</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">33</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">47</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of net actuarial loss (gain)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>377</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">83</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">156</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(77</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(81</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(60</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Recognized loss (gain) due to settlements<br /> and curtailments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Recognized termination benefit costs</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>36</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 2em"><font style="FONT-FAMILY: Arial" size="1"><b>Net periodic benefit cost (income)</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>348</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(148</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(32</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>52</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">90</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">104</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>55</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">40</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">62</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 0.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Weighted-average assumptions used to determine<br /> net cost for the years ended December 31</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Discount rate</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6.00</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.75</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5.86</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.75</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6.00</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.75</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Expected return on plan assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8.00</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5.66</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8.00</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Rate of compensation increase</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.00</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.00</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.00</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.61</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.00</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.00</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">n/a = not applicable</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The net periodic benefit cost (income) for each of the Plans in 2009 includes the results of Merrill Lynch. The net periodic benefit cost (income) of the Merrill Lynch Nonqualified and Other Pension Plans, and Postretirement Health and Life Plans was $(20) million and $18 million in 2009 using a blended discount rate of 5.59 percent at January 1, 2009. The net periodic benefit cost (income) for 2009 and 2008 includes the results of Countrywide. The net periodic benefit cost of the Countrywide Qualified Pension Plan was $29 million in 2008 using a discount rate of 6.75 percent at July 1, 2008. The net periodic benefit cost of the Countrywide Nonqualified Pension Plan was $1 million. Countrywide did not have a Postretirement Health and Life Plan.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Net periodic postretirement health and life expense was determined using the “projected unit credit” actuarial method. Gains and losses for all benefits except postretirement health care are recognized in accordance with the standard amortization provisions of the applicable accounting guidance. For the Postretirement Health Care Plans, 50 percent of the unrecognized gain or loss at the beginning of the fiscal year (or at subsequent remeasurement) is recognized on a level basis during the year.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Assumed health care cost trend rates affect the postretirement benefit obligation and benefit cost reported for the Postretirement Health Care Plans. The assumed health care cost trend rate used to measure the expected cost of benefits covered by the Postretirement Health Care Plans was 8.00 percent for 2010, reducing in steps to 5.00 percent in 2017 and later years. A one-percentage-point increase in assumed health care cost trend rates would have increased the service and interest costs and the benefit obligation by $4 million and $57 million in 2009, $4 million and $35 million in 2008, and $5 million and $64 million in 2007. A one-percentage-point decrease in assumed health care cost trend rates would have lowered the service and interest costs and the benefit obligation by $4 million and $50 million in 2009, $4 million and $31 million in 2008, and $4 million and $54 million in 2007.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Pre-tax amounts included in accumulated OCI at December 31, 2009 and 2008 were as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="44%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="6"></td> <td height="12" colspan="2"></td> <td height="12" colspan="8"></td> <td height="12" colspan="2"></td> <td height="12" colspan="8"></td> <td height="12" colspan="2"></td> <td height="12" colspan="6"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Qualified Pension<br /> Plans</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Nonqualified and Other<br /> Pension Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Postretirement Health<br /> and Life Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net actuarial (gain) loss</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,937</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,232</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>479</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">70</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(106</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(158</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,310</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,144</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Transition obligation</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>95</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">126</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>95</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">126</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Prior service cost (credits)</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>126</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">129</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(22</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(30</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>104</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">99</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 2em"><font style="FONT-FAMILY: Arial" size="1"><b>Amounts recognized in accumulated OCI</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,063</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,361</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>457</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">40</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(32</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,509</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,369</font></td> </tr> </table> <p style="MARGIN-TOP: 10px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Pre-tax amounts recognized in OCI for 2009 included the following components:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="64%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="4"></td> <td height="12" colspan="4"></td> <td height="12" colspan="4"></td> <td height="12" colspan="4"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Qualified<br /> Pension<br /> Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Nonqualified<br /> and Other<br /> Pension<br /> Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Postretirement<br /> Health and<br /> Life Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Other changes in plan assets and benefit obligations recognized in OCI</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Current year actuarial (gain) loss</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(918</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">416</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(24</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(526</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of actuarial gain (loss)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(377</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(308</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Current year prior service cost</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">36</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>36</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of prior service credit (cost)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(39</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(31</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of transition obligation</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(31</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(31</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total recognized in OCI</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,298</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>416</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(860</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The estimated net actuarial loss and prior service cost (credits) for the Qualified Pension Plans that will be amortized from accumulated OCI into net periodic benefit cost (income) during 2010 are pre-tax amounts of $358 million and $28 million. The estimated net actuarial loss and prior service cost for the Nonqualified and Other Pension Plans that will be amortized from accumulated OCI into net periodic benefit cost (income) during 2010 are pre-tax amounts of $2 million and $(8) million. The estimated net actuarial loss and transition obligation for the Postretirement Health and Life Plans that will be amortized from accumulated OCI into net periodic benefit cost (income) during 2010 are pre-tax amounts of $(32) million and $31 million.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Plan Assets</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Qualified Pension Plans have been established as retirement vehicles for participants, and trusts have been established to secure benefits promised under the Qualified Pension Plans. The Corporation’s policy is to invest the trust assets in a prudent manner for the exclusive purpose of providing benefits to participants and defraying reasonable expenses of administration. The Corporation’s investment strategy is designed to provide a total return that, over the long term, increases the ratio of assets to liabilities. The strategy attempts to maximize the investment return on assets at a level of risk deemed appropriate by the Corporation while complying with ERISA and any applicable regulations and laws. The investment strategy utilizes asset allocation as a principal determinant for establishing the risk/reward profile of the assets. Asset allocation ranges are established, periodically reviewed, and adjusted as funding levels and liability characteristics change. Active and passive investment managers are employed to help enhance the risk/return profile of the assets. An additional aspect of the investment strategy used to minimize risk (part of the asset allocation plan) includes matching the equity exposure of participant-selected earnings measures. For example, the common stock of the Corporation held in the trust is maintained as an offset to the exposure related to participants who selected to receive an earnings measure based on the return performance of common stock of the Corporation. No plan assets are expected to be returned to the Corporation during 2010.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The assets of the non-U.S. plans are primarily attributable to the U.K. pension plan. The U.K. pension plan’s assets are invested prudently so that the benefits promised to members are provided with consideration given to the nature and the duration of the plan’s liabilities. The current planned investment strategy was set following an asset-liability study and advice from the Trustee’s investment advisors. The selected asset allocation strategy is designed to achieve a higher return than the lowest risk strategy while maintaining a prudent approach to meeting the plan’s liabilities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Expected Return on Asset assumption (EROA assumption) was developed through analysis of historical market returns, historical asset class volatility and correlations, current market conditions, anticipated future asset allocations, the funds’ past experience, and expectations on potential future market returns. The EROA assumption is determined using the calculated market-related value for the Qualified Pension Plans and the fair value for the Postretirement Health and Life Plans. The EROA assumption represents a long-term average view of the performance of the assets in the Qualified Pension Plans, the Nonqualified and Other Pension Plans, and the Postretirement Health and Life Plans, a return that may or may not be achieved during any one calendar year. Some of the building blocks used to arrive at the long-term return assumption include an implied return from equity securities of 8.75 percent, debt securities of 5.75 percent, and real estate of 7.00 percent for the Qualified Pension Plans, Nonqualified and Other Pension Plans, and Postretirement Health and Life Plans. The terminated U.S. pension plan is solely invested in a group annuity contract which was primarily invested in fixed income securities structured such that asset maturities match the duration of the plan’s obligations.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The target allocations for 2010 by asset category for the Qualified Pension Plans, Nonqualified and Other Pension Plans, and Postretirement Health and Life Plans are as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Asset Category</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="74%"></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="7" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2010 Target Allocation</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Qualified<br /> Pension<br /> Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Nonqualified<br /> and Other<br /> Pension<br /> Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Postretirement<br /> Health and<br /> Life Plans</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">Equity securities</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">60 – 80</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5 – 15</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">50 – 75</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">Debt securities</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20 – 40</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">65 – 80</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25 – 45</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">Real estate</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0 – 5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0 – 5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0 – 5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">Other</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0 – 10</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5 – 20</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0 – 5</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Equity securities for the Qualified Pension Plans include common stock of the Corporation in the amounts of $224 million (1.54 percent of total plan assets) and $269 million (1.88 percent of total plan assets) at December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Fair Value Measurements</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">For information on fair value measurements, including descriptions of Level 1, 2 and 3 of the fair value hierarchy and the valuation methods employed by the Corporation, see <i>Note 1 – Summary of Significant Accounting Principles</i> and <i>Note 20 – Fair Value Measurements</i>.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Plan investment assets measured at fair value by level and in total at December 31, 2009 are summarized in the table below.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="68%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="9"></td> <td height="8" colspan="3"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="8" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Fair Value Measurements Using</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Level 1</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Level 2</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Level 3</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Money market and interest-bearing cash</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,282</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,282</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. government and government agency obligations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,460</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,422</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,882</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,301</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,301</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Asset-backed securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,116</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,116</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Mutual funds <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">777</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>777</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Common and collective trusts <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,764</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,782</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Common and preferred stocks</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,424</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,424</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign equity securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">653</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>653</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">268</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">611</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>885</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign common collective trusts</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">289</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>289</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign other</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">266</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>284</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Real estate</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">119</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>119</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Participant loans</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">74</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>74</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other investments</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">30</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">402</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">187</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>619</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total plan investment assets, at fair value</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,894</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,923</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>670</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,487</b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Balance as of December 31, 2009 includes $386 million of international equity developed markets funds, $230 million of U.S. large cap equity funds, $68 million of U.S. small cap equity funds, $55 million of emerging market bond funds, $23 million of real estate funds, $13 million of emerging market equity funds and $2 million of short-term bond funds.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Balance as of December 31, 2009 includes $1 billion of U.S. large cap equity funds, $646 million of international equity developed markets funds, $883 million of intermediate-term bond funds, $149 million of short-term bond funds, $39 million of U.S. mid cap equity funds, $18 million of real estate funds, $14 million of alternative commodities funds, $10 million of emerging markets equity funds and $23 million of U.S. small cap equity funds.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The table below presents a reconciliation of all Plan investment assets measured at fair value using significant unobservable inputs (Level 3) during 2009.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Level 3 – Fair Value Measurements</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="32%"></td> <td valign="bottom" width="12%"></td> <td></td> <td></td> <td valign="bottom" width="12%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> <td valign="bottom" width="12%"></td> <td></td> <td></td> <td valign="bottom" width="12%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Balance<br /> January 1, 2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Actual Return on Plan<br /> Assets Still Held at the<br /> Reporting Date <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Purchases, Sales<br /> and Settlements</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Transfers into /</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>(out of) Level 3</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Balance<br /> December 31, 2009</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Common and Collective Trusts</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign other</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">328</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(100</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">38</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>266</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Real estate</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">149</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(30</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>119</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Participant loans</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">74</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>74</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other investments</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">237</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(75</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>187</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>821</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(214</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>43</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>670</b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation did not sell any level 3 plan assets during the year.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Projected Benefit Payments</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Benefit payments projected to be made from the Qualified Pension Plans, the Nonqualified and Other Pension Plans, and the Postretirement Health and Life Plans are as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="47%"></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> <td valign="bottom" width="13%"></td> <td></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="3"></td> <td height="8" colspan="3"></td> <td height="8" colspan="6"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="2" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Qualified<br /> Pension Plans <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="2" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Nonqualified and Other<br /> Pension Plans <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Postretirement Health and Life Plans</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Net Payments <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Medicare Subsidy</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">2010</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">883</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">309</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">163</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">2011</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">896</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">265</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">166</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">2012</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">902</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">287</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">167</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">2013</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">900</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">285</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">167</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">21</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">2014</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">900</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">278</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">167</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">21</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">2015 - 2019</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,582</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,461</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">785</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">100</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Benefit payments expected to be made from the plans’ assets.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Benefit payments expected to be made from the Corporation’s assets.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Benefit payments (net of retiree contributions) expected to be made from a combination of the plans’ and the Corporation’s assets.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Defined Contribution Plans</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation maintains qualified defined contribution retirement plans and nonqualified defined contribution retirement plans. As a result of the Merrill Lynch acquisition, the Corporation also maintains the defined contribution plans of Merrill Lynch which include the 401(k) Savings & Investment Plan, the Retirement and Accumulation Plan (RAP) and the Employee Stock Ownership Plan (ESOP). The Corporation contributed approximately $605 million, $454 million and $420 million in 2009, 2008 and 2007, respectively, in cash, to the qualified defined contribution plans. At December 31, 2009 and 2008, 203 million shares and 104 million shares of the Corporation’s common stock were held by plans. Payments to the plans for dividends on common stock were $8 million, $214 million and $228 million in 2009, 2008 and 2007, respectively.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, certain non-U.S. employees within the Corporation are covered under defined contribution pension plans that are separately administered in accordance with local laws.</font></p> </div> </us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock> | |||||||||||||||||||||
| <us-gaap:PreferredStockDividendsAndOtherAdjustments contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 8480000000 </us-gaap:PreferredStockDividendsAndOtherAdjustments> | |||||||||||||||||||||
| <us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 13468000000 </us-gaap:ProceedsFromIssuanceOfCommonStock> | |||||||||||||||||||||
| <us-gaap:ProceedsFromIssuanceOfLongTermDebt contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 67744000000 </us-gaap:ProceedsFromIssuanceOfLongTermDebt> | |||||||||||||||||||||
| <us-gaap:ProceedsFromIssuanceOfPreferredStockAndPreferenceStock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 49244000000 </us-gaap:ProceedsFromIssuanceOfPreferredStockAndPreferenceStock> | |||||||||||||||||||||
| <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2771000000 </us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities> | |||||||||||||||||||||
| <us-gaap:ProceedsFromPaymentsForInInterestBearingDepositsInBanks contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 19081000000 </us-gaap:ProceedsFromPaymentsForInInterestBearingDepositsInBanks> | |||||||||||||||||||||
| <us-gaap:ProceedsFromPaymentsForOtherFinancingActivities contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -42000000 </us-gaap:ProceedsFromPaymentsForOtherFinancingActivities> | |||||||||||||||||||||
| <us-gaap:ProceedsFromRepaymentsOfShortTermDebt contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> -126426000000 </us-gaap:ProceedsFromRepaymentsOfShortTermDebt> | |||||||||||||||||||||
| <us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 164155000000 </us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt> | |||||||||||||||||||||
| <us-gaap:ProceedsFromSaleOfForeclosedAssets contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 1997000000 </us-gaap:ProceedsFromSaleOfForeclosedAssets> | |||||||||||||||||||||
| <us-gaap:ProceedsFromSaleOfLoansAndLeasesHeldForInvestment contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 7592000000 </us-gaap:ProceedsFromSaleOfLoansAndLeasesHeldForInvestment> | |||||||||||||||||||||
| <us-gaap:ProfessionalFees contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2281000000 </us-gaap:ProfessionalFees> | |||||||||||||||||||||
| <us-gaap:ProvisionForLoanLeaseAndOtherLosses contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 48570000000 </us-gaap:ProvisionForLoanLeaseAndOtherLosses> | |||||||||||||||||||||
| <us-gaap:RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 16 – Regulatory Requirements and Restrictions</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Federal Reserve requires the Corporation’s banking subsidiaries to maintain reserve balances based on a percentage of certain deposits. Average daily reserve balances required by the Federal Reserve were $10.9 billion and $7.1 billion for 2009 and 2008. Currency and coin residing in branches and cash vaults (vault cash) are used to partially satisfy the reserve requirement. The average daily reserve balances, in excess of vault cash, held with the Federal Reserve amounted to $3.4 billion and $133 million for 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The primary sources of funds for cash distributions by the Corporation to its shareholders are dividends received from its banking subsidiaries, Bank of America, N.A. and FIA Card Services, N.A. In 2009, the Corporation received $3.4 billion in dividends from Bank of America, N.A. In 2010, Bank of America, N.A. and FIA Card Services, N.A. can declare and pay dividends to the Corporation of $1.4 billion and $0 plus an additional amount equal to their net profits for 2010, as defined by statute, up to the date of any such dividend declaration. The other subsidiary national banks can initiate aggregate dividend payments in 2010 of $373 million plus an additional amount equal to their net profits for 2010, as defined by statute, up to the date of any such dividend declaration. The amount of dividends that each subsidiary bank may declare in a calendar year without approval by the Office of the Comptroller of the Currency (OCC) is the subsidiary bank’s net profits for that year combined with its net retained profits, as defined, for the preceding two years.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Federal Reserve, OCC, Federal Deposit Insurance Corporation (FDIC) and Office of Thrift Supervision (collectively, joint agencies) have in place regulatory capital guidelines for U.S. banking organizations. Failure to meet the capital requirements can initiate certain mandatory and discretionary actions by regulators that could have a material effect on the Corporation’s financial position. The regulatory capital guidelines measure capital in relation to the credit and market risks of both on- and off-balance sheet items using various risk weights. Under the regulatory capital guidelines, Total capital consists of three tiers of capital. Tier 1 capital includes common shareholders’ equity, Trust Securities, noncontrolling interests and qualifying preferred stock, less goodwill and other adjustments. Tier 2 capital consists of preferred stock not qualifying as Tier 1 capital, mandatorily convertible debt, limited amounts of subordinated debt, other qualifying term debt, the allowance for credit losses up to 1.25 percent of risk-weighted assets and other adjustments. Tier 3 capital includes subordinated debt that is unsecured, fully paid, has an original maturity of at least two years, is not redeemable before maturity without prior approval by the Federal Reserve and includes a lock-in clause precluding payment of either interest or principal if the payment would cause the issuing bank’s risk-based capital ratio to fall or remain below the required minimum. Tier 3 capital can only be used to satisfy the Corporation’s market risk capital requirement and may not be used to support its credit risk requirement. At December 31, 2009 and 2008, the Corporation had no subordinated debt that qualified as Tier 3 capital.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Certain corporate-sponsored trust companies which issue Trust Securities are not consolidated. In accordance with Federal Reserve guidance, the Federal Reserve allows Trust Securities to qualify as Tier 1 capital with revised quantitative limits that will be effective on March 31, 2011. As a result, the Corporation includes Trust Securities in Tier 1 capital. Current limits restrict core capital elements to 15 percent of total core capital elements for internationally active bank holding companies. In addition, the Federal Reserve revised the qualitative standards for capital instruments included in regulatory capital. Internationally active bank holding companies are those that have significant activities in non-U.S. markets with consolidated assets greater than $250 billion or on-balance sheet foreign exposure greater than $10 billion. At December 31, 2009, the Corporation’s restricted core capital elements comprised 11.8 percent of total core capital elements. The Corporation expects to remain fully compliant with the revised limits prior to the implementation date of March 31, 2011.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">To meet minimum, adequately-capitalized regulatory requirements, an institution must maintain a Tier 1 capital ratio of four percent and a Total capital ratio of eight percent. A “well-capitalized” institution must generally maintain capital ratios 200 bps higher than the minimum guidelines. The risk-based capital rules have been further supplemented by a Tier 1 leverage ratio, defined as Tier 1 capital divided by adjusted quarterly average total assets, after certain adjustments. “Well-capitalized” bank holding companies must have a minimum Tier 1 leverage ratio of four percent. National banks must maintain a Tier 1 leverage ratio of at least five percent to be classified as “well-capitalized.”</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Net unrealized gains (losses) on AFS debt securities, net unrealized gains on AFS marketable equity securities, net unrealized gains (losses) on derivatives, and employee benefit plan adjustments in shareholders’ equity are excluded from the calculations of Tier 1 common capital, Tier 1 capital and leverage ratios. The Total capital ratio excludes all of the above with the exception of up to 45 percent of net unrealized pre-tax gains on AFS marketable equity securities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation calculates Tier 1 common capital as Tier 1 capital including CES less qualifying trust preferred securities, hybrid securities and qualifying noncontrolling interest in subsidiaries. CES is included in Tier 1 common capital based upon applicable regulatory guidance and the expectation that the underlying Common Equivalent Stock would convert into common stock following shareholder approval of additional authorized shares. Tier 1 common capital was $120.4 billion and $63.3 billion and the Tier 1 common capital ratio was 7.81 percent and 4.80 percent at December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Regulatory Capital</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="53%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="19" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="8" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="8" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Actual</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="2" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Minimum</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Required <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: ARIAL" size="1">Actual</font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="2" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Minimum</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">Required <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Ratio</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amount</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Ratio</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Amount</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Risk-based capital</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Tier 1 common</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1"><i>Bank of America Corporation</i></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7.81</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>120,394</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>n/a</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.80</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">63,339</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Tier 1</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1"><i>Bank of America Corporation</i></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10.40</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>160,388</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>61,676</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9.15</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">120,814</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">52,833</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Bank of America, N.A.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10.30</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>111,916</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>43,472</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.51</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">88,979</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">41,818</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">FIA Card Services, N.A.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15.21</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>28,831</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,584</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13.90</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,573</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,632</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1"><i>Bank of America Corporation</i></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14.66</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>226,070</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>123,401</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13.00</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">171,661</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">105,666</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Bank of America, N.A.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13.76</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>149,528</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>86,944</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11.71</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">122,392</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">83,635</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">FIA Card Services, N.A.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>17.01</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>32,244</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15,168</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16.25</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,875</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,264</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Tier 1 leverage</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1"><i>Bank of America Corporation</i></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6.91</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>160,388</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>92,882</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.44</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">120,814</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">56,155</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Bank of America, N.A.</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7.38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>111,916</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>60,626</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.94</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">88,979</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">44,944</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">FIA Card Services, N.A.</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23.09</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>28,831</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,994</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14.28</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,573</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,113</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Dollar amount required to meet guidelines for adequately capitalized institutions.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">n/a = not applicable</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Regulatory Capital Developments</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">In June 2004, the Basel II Accord was published with the intent of more closely aligning regulatory capital requirements with underlying risks, similar to economic capital. While economic capital is measured to cover unexpected losses, the Corporation also manages regulatory capital to adhere to regulatory standards of capital adequacy. The Basel II Final Rule (Basel II Rules), which was published on December 7, 2007, established requirements for the U.S. implementation and provided detailed capital requirements for credit and operational risk under Pillar 1, supervisory requirements under Pillar 2 and disclosure requirements under Pillar 3. The Corporation will begin Basel II parallel implementation during the second quarter of 2010.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In July 2009, the Basel Committee on Banking Supervision released a consultative document entitled “Revisions to the Basel II Market Risk Framework” that would significantly increase the capital requirements for trading book activities if adopted as proposed. The proposal recommended implementation by December 31, 2010, but regulatory agencies have not yet issued a notice of proposed rulemaking, which is required before establishing final rules. As a result, the Corporation cannot determine the implementation date or the final capital impact.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In December 2009, the Basel Committee on Banking Supervision issued a consultative document entitled “Strengthening the Resilience of the Banking Sector.” If adopted as proposed, this could increase significantly the aggregate equity that bank holding companies are required to hold by disqualifying certain instruments that previously have qualified as Tier 1 capital. In addition, it would increase the level of risk-weighted assets. The proposal could also increase the capital charges imposed on certain assets potentially making certain businesses more expensive to conduct. Regulatory agencies have not opined on the proposal for implementation. The Corporation continues to assess the potential impact of the proposal.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As part of the Capital Assistance Program (CAP), the Corporation, as well as several other large financial institutions, are subject to the SCAP conducted by the federal regulators. The objective of the SCAP is to assess losses that could occur under certain economic scenarios, including economic conditions more severe than the Corporation currently anticipates. As a result of the SCAP, in May 2009 federal regulators determined that the Corporation required an additional $33.9 billion of Tier 1 common capital to sustain the most severe economic circum stances assuming a more prolonged and deeper recession over a two-year period than both private and government economists currently project. The Corporation achieved the increased capital requirement during 2009 through strategic transactions that increased common capital by approximately $39.7 billion which significantly exceeded the SCAP buffer. This included a gain from the sale of shares in CCB, direct sale of common stock, reduced dividends on preferred shares associated with shares exchanged for common stock and related deferred tax disallowances.</font></p> </div> </us-gaap:RegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock> | |||||||||||||||||||||
| <us-gaap:RepaymentsOfLongTermDebt contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 101207000000 </us-gaap:RepaymentsOfLongTermDebt> | |||||||||||||||||||||
| <us-gaap:Revenues contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 119643000000 </us-gaap:Revenues> | |||||||||||||||||||||
| <us-gaap:ScheduleOfCondensedFinancialStatementsTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 24 – Parent Company Information</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The following tables present the Parent Company Only financial information:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Condensed Statement of Income</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="75%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="top"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" bgcolor="#FFFFFF" valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" bgcolor="#FFFFFF" valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" bgcolor="#FFFFFF" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" bgcolor="#FFFFFF" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Income</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Dividends from subsidiaries:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Bank holding companies and related subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,100</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,178</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,615</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Nonbank companies and related subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,026</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">181</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Interest from subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,179</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,433</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,939</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other income</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,784</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">940</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,319</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total income</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,090</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23,577</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">29,054</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Expense</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Interest on borrowed funds</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,737</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,818</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,834</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Noninterest expense</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,238</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,829</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,127</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total expense</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,975</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,647</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,961</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Income before income taxes and equity in undistributed earnings of subsidiaries</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,115</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,930</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,093</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Income tax benefit</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>85</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,793</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,136</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Income before equity in undistributed earnings of subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,200</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,723</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,229</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Equity in undistributed earnings (losses) of subsidiaries:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Bank holding companies and related subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,183</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(11,221</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,497</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Nonbank companies and related subsidiaries</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,259</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,494</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">250</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total equity in undistributed earnings (losses) of subsidiaries</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,076</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(12,715</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,247</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Net income</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,276</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,982</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Net income (loss) applicable to common shareholders</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,204</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,556</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,800</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Condensed Balance Sheet</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="82%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="top"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Assets</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Cash held at bank subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>91,892</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">98,525</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,788</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,241</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Receivables from subsidiaries:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Bank holding companies and related subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>58,931</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">39,239</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Nonbank companies and related subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,043</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23,518</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Investments in subsidiaries:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Bank holding companies and related subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>206,994</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">172,460</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Nonbank companies and related subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>47,078</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,355</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other assets</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,773</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,428</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>440,499</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">390,766</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Liabilities and shareholders’ equity</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial paper and other short-term borrowings</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,968</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26,536</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Accrued expenses and other liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,204</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15,244</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Payables to subsidiaries:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Bank holding companies and related subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>363</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">469</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Nonbank companies and related subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>632</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Long-term debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>182,888</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">171,462</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Shareholders’ equity</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>231,444</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">177,052</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total liabilities and shareholders’ equity</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>440,499</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">390,766</font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Condensed Statement of Cash Flows</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="72%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Operating activities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net income</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,276</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,008</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,982</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Reconciliation of net income to net cash provided by operating activities:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Equity in undistributed (earnings) losses of subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,076</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,715</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,247</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other operating activities, net</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,889</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(598</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(276</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Net cash provided by operating activities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,089</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,125</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,953</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Investing activities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net (purchases) sales of securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,729</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(12,142</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(839</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net payments from (to) subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(29,926</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,490</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(44,457</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other investing activities, net</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(17</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">43</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(824</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Net cash used in investing activities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(26,214</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(9,609</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(46,120</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Financing activities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net increase (decrease) in commercial paper and other short-term borrowings</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(20,673</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(14,131</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,873</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Proceeds from issuance of long-term debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>30,347</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">28,994</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">38,730</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Retirement of long-term debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(20,180</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(13,178</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(12,056</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Proceeds from issuance of preferred stock</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>49,244</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">34,742</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,558</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Repayment of preferred stock</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(45,000</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Proceeds from issuance of common stock</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,468</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,127</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,118</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Common stock repurchased</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,790</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Cash dividends paid</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,863</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(11,528</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(10,878</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other financing activities, net</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,149</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,030</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">576</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Net cash provided by financing activities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,492</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">40,056</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">24,131</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net increase (decrease) in cash held at bank subsidiaries</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,633</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">46,572</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,036</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Cash held at bank subsidiaries at January 1</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>98,525</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51,953</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">54,989</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Cash held at bank subsidiaries at December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>91,892</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">98,525</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51,953</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> </div> </us-gaap:ScheduleOfCondensedFinancialStatementsTextBlock> | |||||||||||||||||||||
| <us-gaap:ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 25 – Performance by Geographical Area</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Since the Corporation’s operations are highly integrated, certain asset, liability, income and expense amounts must be allocated to arrive at total assets, total revenue, net of interest expense, income before income taxes and net income by geographic area. The Corporation identifies its geographic performance based on the business unit structure used to manage the capital or expense deployed in the region as applicable. This requires certain judgments related to the allocation of revenue so that revenue can be appropriately matched with the related expense or capital deployed in the region.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="51%"></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="2"></td> <td height="12" colspan="3"></td> <td height="12" colspan="2"></td> <td height="12" colspan="11"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="9" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Year Ended December 31</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Year</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total Assets <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total<br /> Revenue, Net<br /> of Interest<br /> Expense <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Income<br /> (Loss)</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Before<br /> Income Taxes</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Net Income<br /> (Loss)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Domestic <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,840,232</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>98,278</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,901</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,025</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,678,853</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">67,549</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,289</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,254</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">60,245</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,039</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,137</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Asia<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>118,921</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10,685</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,096</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,101</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">50,567</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,770</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,207</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">761</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,613</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,146</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">721</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Europe, Middle East and Africa</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>239,374</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,085</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,295</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,652</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">78,790</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,020</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(456</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(252</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,097</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">894</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">592</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Latin America and the Caribbean</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>24,772</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,595</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>870</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>548</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,733</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">443</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">388</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">245</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">878</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">845</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">532</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Total Foreign</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>383,067</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,365</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,261</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,301</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">139,090</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,233</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,139</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">754</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,588</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,885</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,845</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total Consolidated</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,223,299</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>119,643</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,360</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,276</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,817,943</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">72,782</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,428</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,008</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">66,833</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,924</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,982</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Total assets include long-lived assets, which are primarily located in the U.S.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">There were no material intercompany revenues between geographic regions for any of the periods presented.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes the Corporation’s Canadian operations, which had total assets of $31.1 billion and $13.5 billion at December 31, 2009 and 2008; total revenue, net of interest expense of $2.5 billion, $1.2 billion and $770 million; income before income taxes of $723 million, $552 million and $292 million; and net income of $488 million, $404 million and $195 million for 2009, 2008 and 2007, respectively.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The year ended December 31, 2009 amount includes pre-tax gains of $7.3 billion ($4.7 billion net-of-tax) on the sale of common shares of the Corporation’s initial investment in CCB.</font></p> </td> </tr> </table> </div> </us-gaap:ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock> | |||||||||||||||||||||
| <us-gaap:ScheduleOfServicingAssetsAtFairValueTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 22 – Mortgage Servicing Rights</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation accounts for consumer MSRs at fair value with changes in fair value recorded in the Consolidated Statement of Income in mortgage banking income. The Corporation economically hedges these MSRs with certain derivatives and securities including MBS and U.S. Treasuries. The securities that economically hedge the MSRs are recorded in other assets with changes in the fair value of the securities and the related interest income recorded as mortgage banking income.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table presents activity for residential first mortgage MSRs for 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="62%"></td> <td valign="bottom" width="13%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="11%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, January 1</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,733</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,053</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch balance, January 1, 2009</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>209</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Countrywide balance, July 1, 2008</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>—</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,188</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Additions / sales</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,728</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,587</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Impact of customer payments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,709</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,313</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other changes in MSR market value</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,504</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,782</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>19,465</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,733</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Mortgage loans serviced for investors (in billions)</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,716</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,654</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">During 2009 and 2008, other changes in MSR market value were $4.5 billion and $(6.8) billion. These amounts reflect the change in discount rates and prepayment speed assumptions, mostly due to changes in interest rates, as well as the effect of changes in other assumptions. The amounts do not include $782 million in gains in 2009 resulting from lower than expected prepayments and $(333) million in losses in 2008 resulting from higher than expected prepayments. The net amounts of $5.3 billion and $(7.1) billion are included in the line “mortgage banking income (loss)” in the table “Level 3 – Total Realized and Unrealized Gains (Losses) Included in Earnings” in <i>Note 20 – Fair Value Measurements.</i></font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, the fair value of consumer MSRs was $19.5 billion and $12.7 billion. The Corporation uses an OAS valuation approach to determine the fair value of MSRs which factors in prepayment risk. This approach consists of projecting servicing cash flows under multiple interest rate scenarios and discounting these cash flows using risk-adjusted discount rates. The key economic assumptions used in valuations of MSRs include weighted-average lives of the MSRs and the OAS levels.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Key economic assumptions used in determining the fair value of MSRs at December 31, 2009 and 2008 were as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="45%"></td> <td valign="bottom" width="13%"></td> <td></td> <td></td> <td valign="bottom" width="8%"></td> <td></td> <td></td> <td valign="bottom" width="8%"></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="8%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="14"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="12" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Fixed</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Adjustable</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Fixed</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Adjustable</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Weighted-average option adjusted spread</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.67</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4.64</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.71</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.40</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Weighted-average life,<br /> in years</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5.62</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3.26</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.26</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.71</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table presents the sensitivity of the weighted-average lives and fair value of MSRs to changes in modeled assumptions. The sensitivities in the following table are hypothetical and should be used with caution. As the amounts indicate, changes in fair value based on variations in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear. Also, the effect of a variation in a particular assumption on the fair value of a MSR that continues to be held by the Corporation is calculated without changing any other assumption. In reality, changes in one factor may result in changes in another, which might magnify or counteract the sensitivities. Additionally, the Corporation has the ability to hedge interest rate and market valuation fluctuations associated with MSRs. The below sensitivities do not reflect any hedge strategies that may be undertaken to mitigate such risk.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="46%"></td> <td valign="bottom" width="21%"></td> <td></td> <td></td> <td valign="bottom" width="14%"></td> <td></td> <td></td> <td valign="bottom" width="14%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="10"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="8" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31, 2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Change in Weighted-<br /> average Lives</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Fixed</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Adjustable</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Change<br /> in Fair<br /> Value</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Prepayment rates</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Impact of 10% decrease</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.32</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> years </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.14</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> years </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">895</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Impact of 20% decrease</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.68</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.31</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,895</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Impact of 10% increase</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.29</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.12</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(807</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Impact of 20% increase</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.54</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(0.22</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,540</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>OAS level</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Impact of 100 bps decrease</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">900</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Impact of 200 bps decrease</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,882</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Impact of 100 bps increase</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(828</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Impact of 200 bps increase</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,592</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">n/a = not applicable</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Commercial and residential reverse mortgage MSRs are accounted for using the amortization method (i.e., lower of cost or market). Commercial and residential reverse mortgage MSRs totaled $309 million and $323 million at December 31, 2009 and 2008 and are not included in the tables above.</font></p> </div> </us-gaap:ScheduleOfServicingAssetsAtFairValueTextBlock> | |||||||||||||||||||||
| <us-gaap:ScheduleOfVariableInterestEntitiesTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 9 – Variable Interest Entities</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation utilizes SPEs in the ordinary course of business to support its own and its customers’ financing and investing needs. These SPEs are typically structured as VIEs and are thus subject to consolidation by the reporting enterprise that absorbs the majority of the economic risks and rewards of the VIE. To determine whether it must consolidate a VIE, the Corporation qualitatively analyzes the design of the VIE to identify the creators of variability within the VIE, including an assessment as to the nature of the risks that are created by the assets and other contractual arrangements of the VIE, and identifies whether it will absorb a majority of that variability.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, the Corporation uses VIEs such as trust preferred securities trusts in connection with its funding activities, as described in more detail in <i>Note 13 – Long-term Debt</i>. The Corporation also uses VIEs in the form of synthetic securitization vehicles to mitigate a portion of the credit risk on its residential mortgage loan portfolio as described in <i>Note 6</i> – <i>Outstanding Loans and Leases.</i> The Corporation has also provided support to or has loss exposure resulting from its involvement with other VIEs, including certain cash funds managed within <i>GWIM,</i> as described in more detail in <i>Note 14 – Commitments and Contingencies.</i> These VIEs are not included in the tables below.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The table below presents the assets and liabilities of VIEs that are consolidated on the Corporation’s Consolidated Balance Sheet at December 31, 2009, total assets of consolidated VIEs at December 31, 2008, and the Corporation’s maximum exposure to loss resulting from its involvement with consolidated VIEs as of December 31, 2009 and 2008. The Corporation’s maximum exposure to loss is based on the unlikely event that all of the assets in the VIEs become worthless and incorporates not only potential losses associated with assets recorded on the Corporation’s Consolidated Balance Sheet but also potential losses associated with off-balance sheet commitments such as unfunded liquidity commitments and other contractual arrangements. The Corporation’s maximum exposure to loss does not include losses previously recognized through write-downs of assets.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 7px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Consolidated VIEs</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="43%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Multi-Seller<br /> Conduits</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Loan and Other</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Investment<br /> Vehicles</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>CDOs</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Leveraged<br /> Lease Trusts</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Other<br /> Vehicles</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Consolidated VIEs, December 31, 2009</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">Maximum loss exposure</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,388</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,265</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,863</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,634</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,463</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>28,613</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">Consolidated Assets <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">145</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,785</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">548</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,478</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Derivative assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">579</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">830</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,409</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,492</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,799</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,414</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,728</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Held-to-maturity debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,899</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,899</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">318</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,752</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,650</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>17,720</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">All other assets</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,087</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">184</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,275</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,713</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,362</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,199</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,650</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,585</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>35,509</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">Consolidated Liabilities<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline"> (1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial paper and other short-term borrowings</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,748</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">987</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,735</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">All other liabilities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,127</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,753</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">163</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15,060</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,748</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,127</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,753</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,150</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22,795</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Consolidated VIEs, December 31, 2008</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">Maximum loss exposure</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,304</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,189</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,443</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,774</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,497</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>24,207</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">Total assets of VIEs <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,368</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,449</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,443</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,829</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,631</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23,720</b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Total assets and liabilities of consolidated VIEs are reported net of intercompany balances that have been eliminated in consolidation.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the Corporation’s total maximum loss exposure to consolidated VIEs was $28.6 billion, which includes $5.9 billion attributable to the addition of Merrill Lynch, primarily loan and other investment vehicles and CDOs.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The table below presents total assets of unconsolidated VIEs in which the Corporation holds a significant variable interest and Corporation-sponsored unconsolidated VIEs in which the Corporation holds a variable interest, even if not significant, at December 31, 2009 and 2008. The table also presents the Corporation’s maximum exposure to loss resulting from its involvement with these VIEs at December 31, 2009 and 2008. The Corporation’s maximum exposure to loss is based on the unlikely event that all of the assets in the VIEs become worthless and incorporates not only potential losses associated with assets recorded on the Corporation’s Consolidated Balance Sheet but also potential losses associated with off-balance sheet commitments such as unfunded liquidity commitments and other contractual arrangements. The Corporation’s maximum exposure to loss does not include losses previously recognized through write-downs of assets. Certain QSPEs, principally municipal bond trusts, in which the Corporation has continuing involvement are discussed in <i>Note 8 – Securitizations</i> and are also included in the table. Assets and liabilities of unconsolidated VIEs recorded on the Corporation’s Consolidated Balance Sheet at December 31, 2009 are also summarized below.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 7px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Unconsolidated VIEs</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="32%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Multi-<br /> Seller<br /> Conduits</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Loan and<br /> Other</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Investment<br /> Vehicles</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Real Estate<br /> Investment<br /> Vehicles</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Municipal<br /> Bond<br /> Trusts</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>CDOs</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Customer<br /> Vehicles</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Other<br /> Vehicles</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Unconsolidated VIEs, December 31, 2009</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">Maximum loss exposure</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,135</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,571</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,812</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,143</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,987</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,904</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,232</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>63,784</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">Total assets of VIEs</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,893</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,507</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,812</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,247</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">56,590</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,755</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,232</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>114,036</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">On-balance sheet assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">216</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">191</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,253</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,118</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,778</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Derivative assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">128</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">167</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,085</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,708</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">62</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,150</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">368</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>368</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">318</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">933</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,251</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">All other assets</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">60</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,287</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,812</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">166</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,325</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">378</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,564</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,812</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">358</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,872</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,826</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">62</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,872</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">On-balance sheet liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Derivative liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">139</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">287</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">781</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">154</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">54</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,415</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">All other liabilities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">581</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,460</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">856</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,897</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">720</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,460</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">287</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">781</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,010</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">54</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,312</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Unconsolidated VIEs, December 31, 2008</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">Maximum loss exposure</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">42,046</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,789</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,696</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,145</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,383</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,741</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,170</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>69,970</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: ARIAL" size="1">Total assets of VIEs</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">27,922</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,691</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,980</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,997</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,570</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,032</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,211</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>60,403</b></font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the Corporation’s total maximum loss exposure to unconsolidated VIEs was $63.8 billion, which includes $19.7 billion attributable to the addition of Merrill Lynch, primarily customer vehicles, municipal bond trusts and CDOs.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Except as described below, the Corporation has not provided financial or other support to consolidated or unconsolidated VIEs that it was not previously contractually required to provide, nor does it intend to do so.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Multi-seller Conduits</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation administers four multi-seller conduits which provide a low-cost funding alternative to its customers by facilitating their access to the commercial paper market. These customers sell or otherwise transfer assets to the conduits, which in turn issue short-term commercial paper that is rated high-grade and is collateralized by the underlying assets. The Corporation receives fees for providing combinations of liquidity and SBLCs or similar loss protection commitments to the conduits. The Corporation also receives fees for serving as commercial paper placement agent and for providing administrative services to the conduits. The Corporation’s liquidity commitments are collateralized by various classes of assets and incorporate features such as overcollateralization and cash reserves that are designed to provide credit support to the conduits at a level equivalent to investment grade as determined in accordance with internal risk rating guidelines. Third parties participate in a small number of the liquidity facilities on a pari passu basis with the Corporation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation determines whether it must consolidate a multi-seller conduit based on an analysis of projected cash flows using Monte Carlo simulations which are driven principally by credit risk inherent in the assets of the conduits. Interest rate risk is not included in the cash flow analysis because the conduits are not designed to absorb and pass along interest rate risk to investors. Instead, the assets of the conduits pay variable rates of interest based on the conduits’ funding costs. The assets of the conduits typically carry a risk rating of AAA to BBB based on the Corporation’s current internal risk rating equivalent which reflects structural enhancements of the assets including third party insurance. Projected loss calculations are based on maximum binding commitment amounts, probability of default based on the average one-year Moody’s Corporate Finance transition table, and recovery rates of 90 percent, 65 percent and 45 percent for senior, mezzanine and subordinate exposures. Approximately 98 percent of commitments in the unconsolidated conduits and 69 percent of commitments in the consolidated conduit are supported by senior exposures. Certain assets funded by one of the unconsolidated conduits benefit from embedded credit enhancement provided by the Corporation. Credit risk created by these assets is deemed to be credit risk of the Corporation which is absorbed by third party investors.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation does not consolidate three conduits as it does not expect to absorb a majority of the variability created by the credit risk of the assets held in the conduits. On a combined basis, these three conduits have issued approximately $147 million of capital notes and equity interests to third parties, $142 million of which was outstanding at December 31, 2009. These instruments will absorb credit risk on a first loss basis. The Corporation consolidates the fourth conduit which has not issued capital notes or equity interests to third parties.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the assets of the consolidated conduit, which consist primarily of debt securities, and the conduit’s unfunded liquidity commitments were mainly collateralized by $2.2 billion in credit card loans (25 percent), $1.1 billion in student loans (12 percent), $1.0 billion in auto loans (11 percent), $680 million in trade receivables (eight percent) and $377 million in equipment loans (four percent). In addition, $3.0 billion of the Corporation’s liquidity commitments were collateralized by projected cash flows from long-term contracts (e.g., television broad cast contracts, stadium revenues and royalty payments) which, as mentioned above, incorporate features that provide credit support. Amounts advanced under these arrangements will be repaid when cash flows due under the long-term contracts are received. Approximately 74 percent of this exposure is insured. At December 31, 2009, the weighted-average life of assets in the consolidated conduit was estimated to be 3.4 years and the weighted-average maturity of commercial paper issued by this conduit was 33 days. Assets of the Corporation are not available to pay creditors of the consolidated conduit except to the extent the Corporation may be obligated to perform under the liquidity commitments and SBLCs. Assets of the consolidated conduit are not available to pay creditors of the Corporation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s liquidity commitments to the unconsolidated conduits, all of which were unfunded at December 31, 2009, pertained to facilities that were mainly collateralized by $4.4 billion in trade receivables (18 percent), $3.9 billion in auto loans (16 percent), $3.5 billion in credit card loans (15 percent), $2.6 billion in student loans (11 percent), and $2.0 billion in equipment loans (eight percent). In addition, $5.6 billion (24 percent) of the Corporation’s commitments were collateralized by the conduits’ short-term lending arrangements with investment funds, primarily real estate funds, which, as mentioned above, incorporate features that provide credit support. Amounts advanced under these arrangements are secured by a diverse group of high quality equity investors. Outstanding advances under these facilities will be repaid when the investment funds issue capital calls. At December 31, 2009, the weighted-average life of assets in the unconsolidated conduits was estimated to be 2.4 years and the weighted-average maturity of commercial paper issued by these conduits was 37 days. At December 31, 2009 and 2008, the Corporation did not hold any commercial paper issued by the multi-seller conduits other than incidentally and in its role as a commercial paper dealer.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s liquidity, SBLCs and similar loss protection commitments obligate it to purchase assets from the conduits at the conduits’ cost. Subsequent realized losses on assets purchased from the unconsolidated conduits would be reimbursed from restricted cash accounts that were funded by the issuance of capital notes and equity interests to third party investors. The Corporation would absorb losses in excess of such amounts. If a conduit is unable to re-issue commercial paper due to illiquidity in the commercial paper markets or deterioration in the asset portfolio, the Corporation is obligated to provide funding subject to the following limitations. The Corporation’s obligation to purchase assets under the SBLCs and similar loss protection commitments is subject to a maximum commitment amount which is typically set at eight to 10 percent of total outstanding commercial paper. The Corporation’s obligation to purchase assets under the liquidity agreements, which comprise the remainder of its exposure, is generally limited to the amount of non-defaulted assets. Although the SBLCs are unconditional, the Corporation is not obligated to fund under other liquidity or loss protection commitments if the conduit is the subject of a voluntary or involuntary bankruptcy proceeding.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">One of the unconsolidated conduits holds CDO investments with aggregate outstanding funded amounts of $318 million and $388 million and unfunded commitments of $225 million and $162 million at December 31, 2009 and December 31, 2008. At December 31, 2009, $190 million of the conduit’s total exposure pertained to an insured CDO which holds middle market loans. The underlying collateral of the remaining CDO investments includes $33 million of subprime mortgages and other investment grade securities. All of the unfunded commitments are revolving commitments to the insured CDO. During 2009 and 2008, these investments were downgraded or threatened with a downgrade by the ratings agencies. In accordance with the terms of the Corporation’s existing liquidity obligations, the conduit had transferred the funded investments to the Corporation in a transaction that was accounted for as a financing transaction due to the conduit’s continuing exposure to credit losses of the investments. As a result of the transfer, the CDO investments no longer serve as collateral for commercial paper issuances.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The transfers were performed in accordance with existing contractual requirements. The Corporation did not provide support to the conduit that was not contractually required nor does it intend to provide support in the future that is not contractually required. The Corporation performs reconsideration analyses for the conduit at least quarterly, and the CDO investments are included in these analyses. The Corporation will be reimbursed for any realized credit losses on these CDO investments up to the amount of capital notes issued by the conduit which totaled $116 million at December 31, 2009 and $66 million at December 31, 2008. Any realized losses on the CDO investments that are caused by market illiquidity or changes in market rates of interest will be borne by the Corporation. The Corporation will also bear any credit-related losses in excess of the amount of capital notes issued by the conduit. The Corporation’s maximum exposure to loss from the CDO investments was $428 million at December 31, 2009 and $484 million at December 31, 2008, based on the combined funded amounts and unfunded commitments less the amount of cash proceeds from the issuance of capital notes which are held in a segregated account.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">There were no other significant downgrades or losses recorded in earnings from write-downs of assets held by any of the conduits during 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The liquidity commitments and SBLCs provided to unconsolidated conduits are included in <i>Note 14 – Commitments and Contingencies.</i></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Loan and Other Investment Vehicles</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Loan and other investment vehicles at December 31, 2009 and 2008 include loan securitization trusts that did not meet the requirements to be QSPEs, loan financing arrangements, and vehicles that invest in financial assets, typically debt securities or loans. The Corporation determines whether it is the primary beneficiary of and must consolidate these investment vehicles based principally on a determination as to which party is expected to absorb a majority of the credit risk or market risk created by the assets of the vehicle. Typically, the party holding subordinated or residual interests in a vehicle will absorb a majority of the risk.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Certain loan securitization trusts were designed to meet QSPE requirements but fail to do so, typically as a result of derivatives entered into by the trusts that pertain to interests ultimately retained by the Corporation due to its inability to sell such interests as a result of illiquidity in the market. The assets have been pledged to the investors in the trusts. The Corporation consolidates these loan securitization trusts if it retains the residual interest in the trust and expects to absorb a majority of the variability in cash flows created by the loans held in the trust. Investors in consolidated loan securitization trusts have no recourse to the general credit of the Corporation as their investments are repaid solely from the assets of the vehicle.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation uses financing arrangements with SPEs administered by third parties to obtain low-cost funding for certain financial assets, principally commercial loans and debt securities. The third party SPEs, typically commercial paper conduits, hold the specified assets subject to total return swaps with the Corporation. If the assets are transferred to the third party from the Corporation, the transfer is accounted for as a secured borrowing. If the third party commercial paper conduit issues a discrete series of commercial paper whose only source of repayment is the specified asset and the total return swap with the Corporation, thus creating a “silo” structure within the conduit, the Corporation consolidates that silo.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation has made investments in alternative investment funds that are considered to be VIEs because they do not have sufficient legal form equity at risk to finance their activities or the holders of the equity at risk do not have control over the activities of the vehicles. The Corporation consolidates these funds if it holds a majority of the investment in the fund. The Corporation also sponsors funds that provide a guaranteed return to investors at the maturity of the fund. This guarantee may include a guarantee of the return of an initial investment or the initial investment plus an agreed upon return depending on the terms of the fund. Investors in certain of these funds have recourse to the Corporation to the extent that the value of the assets held by the funds at maturity is less than the guaranteed amount. The Corporation consolidates these funds if the Corporation’s guarantee is expected to absorb a majority of the variability created by the assets of the fund.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Real Estate Investment Vehicles</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s investment in real estate investment vehicles at December 31, 2009 and 2008 consisted principally of limited partnership investments in unconsolidated limited partnerships that finance the construction and rehabilitation of affordable rental housing. The Corporation earns a return primarily through the receipt of tax credits allocated to the affordable housing projects.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation determines whether it must consolidate these limited partnerships based on a determination as to which party is expected to absorb a majority of the risk created by the real estate held in the vehicle, which may include construction, market and operating risk. Typically, the general partner in a limited partnership will absorb a majority of this risk due to the legal nature of the limited partnership structure and accordingly will consolidate the vehicle. The Corporation’s risk of loss is mitigated by policies requiring that the project qualify for the expected tax credits prior to making its investment. The Corporation may from time to time be asked to invest additional amounts to support a troubled project. Such additional investments have not been and are not expected to be significant.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Municipal Bond Trusts</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation administers municipal bond trusts that hold highly-rated, long-term, fixed-rate municipal bonds, some of which are callable prior to maturity. The vast majority of the bonds are rated AAA or AA and some of the bonds benefit from insurance provided by monolines. The trusts obtain financing by issuing floating-rate trust certificates that reprice on a weekly or other basis to third party investors. The Corporation may serve as remarketing agent and/or liquidity provider for the trusts. The floating-rate investors have the right to tender the certificates at specified dates, often with as little as seven days’ notice. Should the Corporation be unable to remarket the tendered certificates, it is generally obligated to purchase them at par under standby liquidity facilities. The Corporation is not obligated to purchase the certificates under the standby liquidity facilities if a bond’s credit rating declines below investment grade or in the event of certain defaults or bankruptcy of the issuer and insurer. The weighted-average remaining life of bonds held in the trusts at December 31, 2009 was 13.6 years. There were no material write-downs or downgrades of assets or issuers during 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition to standby liquidity facilities, the Corporation also provides default protection or credit enhancement to investors in securities issued by certain municipal bond trusts. Interest and principal payments on floating-rate certificates issued by these trusts are secured by an unconditional guarantee issued by the Corporation. In the event that the issuer of the underlying municipal bond defaults on any payment of principal and/or interest when due, the Corporation will make any required payments to the holders of the floating-rate certificates.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Some of these trusts are QSPEs and, as such, are not subject to consolidation by the Corporation. The Corporation consolidates those trusts that are not QSPEs if it holds the residual interests or otherwise expects to absorb a majority of the variability created by changes in market value of assets in the trusts and changes in market rates of interest. The Corporation does not consolidate a trust if the customer holds the residual interest and the Corporation is protected from loss in connection with its liquidity obligations. For example, the Corporation may have the ability to trigger the liquidation of a trust that is not a QSPE if the market value of the bonds held in the trust declines below a specified threshold which is designed to limit market losses to an amount that is less than the customer’s residual interest, effectively preventing the Corporation from absorbing the losses incurred on the assets held within the trust.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s liquidity commitments to unconsolidated trusts totaled $9.8 billion and $6.8 billion at December 31, 2009 and 2008. The increase is due principally to the addition of unconsolidated trusts acquired through the Merrill Lynch acquisition. At December 31, 2009 and 2008, the Corporation held $155 million and $688 million of floating-rate certificates issued by the municipal bond trusts in trading account assets.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Collateralized Debt Obligation Vehicles</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">CDO vehicles hold diversified pools of fixed income securities, typically corporate debt or asset-backed securities, which they fund by issuing multiple tranches of debt and equity securities. Synthetic CDOs enter into a portfolio of credit default swaps to synthetically create exposure to fixed income securities. Collateralized loan obligations (CLOs) are a subset of CDOs which hold pools of loans, typically corporate loans or commercial mortgages. CDOs are typically managed by third party portfolio managers. The Corporation transfers assets to these CDOs, holds securities issued by the CDOs, and may be a derivative counterparty to the CDOs, including credit default swap counterparty for synthetic CDOs. The Corporation receives fees for structuring CDOs and providing liquidity support for super senior tranches of securities issued by certain CDOs. The Corporation has also entered into total return swaps with certain CDOs whereby the Corporation will absorb the economic returns generated by specified assets held by the CDO. No third parties provide a significant amount of similar commitments to these CDOs.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation evaluates whether it must consolidate a CDO based principally on a determination as to which party is expected to absorb a majority of the credit risk created by the assets of the CDO. The Corporation does not typically retain a significant portion of debt securities issued by a CDO. When the Corporation structured certain CDOs, it acquired the super senior tranches, which are the most senior class of securities issued by the CDOs and benefit from the subordination of all other securities issued by the vehicle, or provided commitments to support the issuance of super senior commercial paper to third parties. When the CDOs were first created, the Corporation did not expect its investments or its liquidity commitments to absorb a significant amount of the variability driven by the credit risk within the CDOs and did not consolidate the CDOs. When the Corporation subsequently acquired commercial paper or term securities issued by certain CDOs during 2009 and 2008, principally as a result of its liquidity obligations, updated consolidation analyses were performed. Due to credit deterioration in the pools of securities held by the CDOs, the updated analyses indicated that the Corporation would now be expected to absorb a majority of the variability, and accordingly, these CDOs were consolidated. Consolidation did not have a significant impact on the Corporation’s results of operations, as the Corporation’s investments and liquidity obligations were recorded at fair value prior to consolidation. The creditors of the consolidated CDOs have no recourse to the general credit of the Corporation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The December 31, 2009 CDO balances include a portfolio of liquidity exposures obtained in connection with the Merrill Lynch acquisition, including $1.9 billion notional amount of liquidity support provided to certain synthetic CDOs in the form of unfunded lending commitments related to super senior securities. The lending commitments obligate the Corporation to purchase the super senior CDO securities at par value if the CDOs need cash to make payments due under credit default swaps held by the CDOs. This portfolio also includes an additional $1.3 billion notional amount of liquidity exposure to non-SPE third parties that hold super senior cash positions on the Corporation’s behalf. The Corporation’s net exposure to loss on these positions, after write-downs and insurance, was $88 million at December 31, 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Liquidity-related commitments also include $1.4 billion notional amount of derivative contracts with unconsolidated SPEs, principally CDO vehicles, which hold non-super senior CDO debt securities or other debt securities on the Corporation’s behalf. These derivatives are typically in the form of total return swaps which obligate the Corporation to purchase the securities at the SPE’s cost to acquire the securities, generally as a result of ratings downgrades. The underlying securities are senior securities and substantially all of the Corporation’s exposures are insured. Accordingly, the Corporation’s exposure to loss consists principally of counterparty risk to the insurers. These derivatives are included in the $2.8 billion notional amount of derivative contracts through which the Corporation obtains funding from third party SPEs, discussed in <i>Note 14 –</i> <i>Commitments and Contingencies</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The $4.6 billion of liquidity exposure described above is included in the Unconsolidated VIEs table to the extent that the Corporation’s involvement with the CDO vehicle meets the requirements for disclosure. For example, if the Corporation did not sponsor a CDO vehicle and does not hold a significant variable interest, the vehicle is not included in the table.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Including such liquidity commitments, the portfolio of CDO investments obtained in connection with the Merrill Lynch acquisition and included in the Unconsolidated VIEs table pertains to CDO vehicles with total assets of $55.6 billion. The Corporation’s maximum exposure to loss with regard to these positions is $6.0 billion. This amount is significantly less than the total assets of the CDO vehicles because the Corporation typically has exposure to only a portion of the total assets. The Corporation has also purchased credit protection from some of the same CDO vehicles in which it invested, thus reducing net exposure to future loss.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2008, liquidity commitments provided to CDOs included written put options with a notional amount of $542 million. All of these written put options were terminated in the first quarter of 2009.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Leveraged Lease Trusts</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s net involvement with consolidated leveraged lease trusts totaled $5.6 billion and $5.8 billion at December 31, 2009 and 2008. The trusts hold long-lived equipment such as rail cars, power generation and distribution equipment, and commercial aircraft. The Corporation consolidates these trusts because it holds a residual interest which is expected to absorb a majority of the variability driven by credit risk of the lessee and, in some cases, by the residual risk of the leased property. The net investment represents the Corporation’s maximum loss exposure to the trusts in the unlikely event that the leveraged lease investments become worthless. Debt issued by the leveraged lease trusts is nonrecourse to the Corporation. The Corporation has no liquidity exposure to these leveraged lease trusts.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Customer Vehicles</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Customer vehicles include credit-linked and equity-linked note vehicles, repackaging vehicles, and asset acquisition vehicles, which are typically created on behalf of customers who wish to obtain market or credit exposure to a specific company or financial instrument.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Credit-linked and equity-linked note vehicles issue notes which pay a return that is linked to the credit or equity risk of a specified company or debt instrument. The vehicles purchase high-grade assets as collateral and enter into credit default swaps or equity derivatives to synthetically create the credit or equity risk to pay the specified return on the notes. The Corporation is typically the counterparty for some or all of the credit and equity derivatives and, to a lesser extent, it may invest in securities issued by the vehicles. The Corporation may also enter into interest rate or foreign currency derivatives with the vehicles. The Corporation does not typically consolidate the vehicles because the derivatives create variability which is absorbed by the third party investors. The Corporation is exposed to loss if the collateral held by the vehicle declines in value and is insufficient to cover the vehicle’s obligation to the Corporation under the above-referenced derivatives. In addition, the Corporation has entered into derivative contracts, typically total return swaps, with certain vehicles which obligate the Corporation to purchase securities held as collateral at the vehicle’s cost, typically as a result of ratings downgrades. These exposures were obtained in connection with the Merrill Lynch acquisition. The underlying securities are senior securities and substantially all of the Corporation’s exposures are insured. Accordingly, the Corporation’s exposure to loss consists principally of counterparty risk to the insurers. The Corporation consolidates these vehicles if the variability in cash flows expected to be generated by the collateral is greater than the variability in cash flows expected to be generated by the credit or equity derivatives. At December 31, 2009, the notional amount of such derivative contracts with unconsolidated vehicles was $1.4 billion. This amount is included in the $2.8 billion notional amount of derivative contracts through which the Corporation obtains funding from unconsolidated SPEs, described in <i>Note 14 – Commitments and Contingencies</i>. The Corporation also has approximately $628 million of other liquidity commitments, including written put options and collateral value guarantees, with credit-linked and equity-linked vehicles at December 31, 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Repackaging vehicles are created to provide an investor with a specific risk profile. The vehicles typically hold a security and a derivative that modify the interest rate or currency of that security, and issues one class of notes to a single investor. These vehicles are generally QSPEs and as such are not subject to consolidation by the Corporation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Asset acquisition vehicles acquire financial instruments, typically loans, at the direction of a single customer and obtain funding through the issuance of structured notes to the Corporation. At the time the vehicle acquires an asset, the Corporation enters into a total return swap with the customer such that the economic returns of the asset are passed through to the customer. As a result, the Corporation does not consolidate the vehicles. The Corporation is exposed to counterparty credit risk if the asset declines in value and the customer defaults on its obligation to the Corporation under the total return swap. The Corporation’s risk may be mitigated by collateral or other arrangements.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Other Vehicles</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Other consolidated vehicles primarily include asset acquisition conduits and real estate investment vehicles. Other unconsolidated vehicles include asset acquisition conduits and other corporate conduits.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation administers three asset acquisition conduits which acquire assets on behalf of the Corporation or its customers. Two of the conduits, which are unconsolidated, acquire assets at the request of customers who wish to benefit from the economic returns of the specified assets on a leveraged basis, which consist principally of liquid exchange- traded equity securities. The consolidated conduit holds subordinated debt securities for the Corporation’s benefit. The conduits obtain funding by issuing commercial paper and subordinated certificates to third party investors. Repayment of the commercial paper and certificates is assured by total return swaps between the Corporation and the conduits and for unconsolidated conduits the Corporation is reimbursed through total return swaps with its customers. The weighted-average maturity of commercial paper issued by the conduits at December 31, 2009 was 68 days. The Corporation receives fees for serving as commercial paper placement agent and for providing administrative services to the conduits. At December 31, 2009 and 2008, the Corporation did not hold any commercial paper issued by the asset acquisition conduits other than incidentally and in its role as a commercial paper dealer.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation determines whether it must consolidate an asset acquisition conduit based on the design of the conduit and whether the third party investors are exposed to the Corporation’s credit risk or the market risk of the assets. Interest rate risk is not included in the cash flow analysis because the conduits are not designed to absorb and pass along interest rate risk to investors who receive current rates of interest that are appropriate for the tenor and relative risk of their investments. When a conduit acquires assets for the benefit of the Corporation’s customers, the Corporation enters into back-to-back total return swaps with the conduit and the customer such that the economic returns of the assets are passed through to the customer. The Corporation’s performance under the derivatives is collateralized by the underlying assets and as such the third party investors are exposed primarily to the credit risk of the Corporation. The Corporation’s exposure to the counterparty credit risk of its customers is mitigated by the aforementioned collateral arrangements and the ability to liquidate an asset held in the conduit if the customer defaults on its obligation. When a conduit acquires assets on the Corporation’s behalf and the Corporation absorbs the market risk of the assets, it consolidates the conduit. Derivatives related to unconsolidated conduits are carried at fair value with changes in fair value recorded in trading account profits (losses).</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Other corporate conduits at December 31, 2008 included several commercial paper conduits which held primarily high-grade, long-term municipal, corporate and mortage-backed securities. During the second quarter of 2009, the Corporation was unable to remarket the conduits’ commercial paper and, in accordance with existing contractual arrangements, the conduits were liquidated. Due to illiquidity in the financial markets, the Corporation purchased a majority of these assets. At December 31, 2009, the Corporation held $207 million of assets acquired from the liquidation of other corporate conduits and previous mandatory sales of assets out of the conduits. These assets are recorded on the Consolidated Balance Sheet in trading account assets.</font></p> </div> </us-gaap:ScheduleOfVariableInterestEntitiesTextBlock> | |||||||||||||||||||||
| <us-gaap:SegmentReportingDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 23 – Business Segment Information</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation reports the results of its operations through six business segments: <i>Deposits, Global Card Services, Home Loans & Insurance, Global Banking, Global Markets</i> and <i>Global Wealth & Investment Management (GWIM)</i>, with the remaining operations recorded in <i>All Other.</i> The Corporation may periodically reclassify business segment results based on modifications to its management reporting methodologies and changes in organizational alignment. Prior period amounts have been reclassified to conform to current period presentation.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Deposits</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1"><i>Deposits</i> includes the results of consumer deposits activities which consist of a comprehensive range of products provided to consumers and small businesses. In addition, <i>Deposits</i> includes student lending results and the net effect of its ALM activities. <i>Deposits</i> products include traditional savings accounts, money market savings accounts, CDs and IRAs, and noninterest- and interest-bearing checking accounts<i>.</i> These products provide a relatively stable source of funding and liquidity. The Corporation earns net interest spread revenue from investing this liquidity in earning assets through client-facing lending and ALM activities. The revenue is allocated to the deposit products using a funds transfer pricing process which takes into account the interest rates and maturity characteristics of the deposits. Deposits also generate fees such as account service fees, non-sufficient funds fees, overdraft charges and ATM fees. In addition, <i>Deposits</i> includes the impact of migrating customers and their related deposit balances between <i>GWIM</i> and <i>Deposits</i>. As of the date of migration, the associated net interest income, service fees and noninterest expense are recorded in the segment to which deposits were transferred.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Global Card Services</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1"><i>Global Card Services</i> provides a broad offering of products including U.S. consumer and business card, consumer lending, international card and debit card to consumers and small businesses. The Corporation reports <i>Global Card Services</i> results on a managed basis which is consistent with the way that management evaluates the results of <i>Global Card Services</i>. Managed basis assumes that securitized loans were not sold and presents earnings on these loans in a manner similar to the way loans that have not been sold (i.e., held loans) are presented. Loan securitization is an alternative funding process that is used by the Corporation to diversify funding sources. Loan securitization removes loans from the Consolidated Balance Sheet through the sale of loans to an off-balance sheet QSPE that is excluded from the Corporation’s Consolidated Financial Statements in accordance with applicable accounting guidance.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The performance of the managed portfolio is important in understanding <i>Global Card Services</i> results as it demonstrates the results of the entire portfolio serviced by the business. Securitized loans continue to be serviced by the business and are subject to the same underwriting standards and ongoing monitoring as held loans. In addition, excess servicing income is exposed to similar credit risk and repricing of interest rates as held loans. <i>Global Card Services</i> managed income statement line items differ from a held basis as follows:</font></p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="13" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><font style="FONT-FAMILY: ARIAL" size="5"><sub style="POSITION: relative; VERTICAL-ALIGN: baseline; TOP: 0.4ex">•</sub></font></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Managed net interest income includes <i>Global Card Services</i> net interest income on held loans and interest income on the securitized loans less the internal funds transfer pricing allocation related to securitized loans.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="13" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><font style="FONT-FAMILY: ARIAL" size="5"><sub style="POSITION: relative; VERTICAL-ALIGN: baseline; TOP: 0.4ex">•</sub></font></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Managed noninterest income includes <i>Global Card Services</i> noninterest income on a held basis less the reclassification of certain components of card income (e.g., excess servicing income) to record securitized net interest income and provision for credit losses. Noninterest income, both on a held and managed basis, also includes the impact of adjustments to the interest-only strips that are recorded in card income as management continues to manage this impact within <i>Global Card Services</i>.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="13" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><font style="FONT-FAMILY: ARIAL" size="5"><sub style="POSITION: relative; VERTICAL-ALIGN: baseline; TOP: 0.4ex">•</sub></font></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Provision for credit losses represents the provision for credit losses on held loans combined with realized credit losses associated with the securitized loan portfolio.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Home Loans & Insurance</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1"><i>Home Loans & Insurance</i> provides an extensive line of consumer real estate products and services to customers nationwide. <i>Home Loans & Insurance</i> products include fixed and adjustable rate first-lien mortgage loans for home purchase and refinancing needs, reverse mortgages, home equity lines of credit and home equity loans. First mortgage products are either sold into the secondary mortgage market to investors, while retaining MSRs and the Bank of America customer relationships, or are held on the Corporation’s balance sheet in <i>All Other</i> for ALM purposes. <i>Home Loans & Insurance</i> is not impacted by the Corporation’s mortgage production retention decisions as <i>Home Loans & Insurance</i> is compensated for the decision on a management accounting basis with a corresponding offset recorded in <i>All Other</i>. In addition, <i>Home Loans & Insurance</i> offers property, casualty, life, disability and credit insurance. <i>Home Loans & Insurance</i> also includes the impact of migrating customers and their related loan balances between <i>GWIM</i> and <i>Home Loans &</i> <i>Insurance</i>. As of the date of migration, the associated net interest income and noninterest expense are recorded in the segment to which loans were transferred.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Global Banking</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1"><i>Global Banking</i> provides a wide range of lending-related products and services, integrated working capital management, treasury solutions and investment banking services to clients worldwide. Lending products and services include commercial loans and commitment facilities, real estate lending, leasing, trade finance, short-term credit facilities, asset-based lending and indirect consumer loans. Capital management and treasury solutions include treasury management, foreign exchange and short-term investing options. Investment banking services provide the Corporation’s commercial and corporate issuer clients with debt and equity underwriting and distribution capabilities as well as merger-related and other advisory services. <i>Global Banking</i> also includes the results of economic hedging of the credit risk to certain exposures utilizing various risk mitigation tools. Product specialists within <i>Global Markets</i> work closely with <i>Global Banking</i> on the underwriting and distribution of debt and equity securities and certain other products. In order to reflect the efforts of <i>Global Markets</i> and <i>Global Banking</i> in servicing the Corporation’s clients with the best product capabilities, the Corporation allocates revenue and expenses to the two segments based on relative contribution.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Global Markets</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1"><i>Global Markets</i> provides financial products, advisory services, financing, securities clearing, settlement and custody services globally to institutional investor clients in support of their investing and trading activities. <i>Global Markets</i> also works with commercial and corporate issuer clients to provide debt and equity underwriting and distribution capabilities and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed income and mortgage-related products. The business may take positions in these products and participate in market-making activities dealing in government securities, equity and equity-linked securities, high-grade and high-yield corporate debt securities, commercial paper, MBS and ABS. Product specialists within <i>Global Markets</i> work closely with <i>Global Banking</i> on the underwriting and distribution of debt and equity securities and certain other products. In order to reflect the efforts of <i>Global Markets</i> and <i>Global Banking</i> in servicing the Corporation’s clients with the best product capabilities, the Corporation allocates revenue and expenses to the two segments based on relative contribution.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Global Wealth & Investment Management</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1"><i>GWIM</i> offers investment and brokerage services, estate management, financial planning services, fiduciary management, credit and banking expertise, and diversified asset management products to institutional clients, as well as affluent and high net-worth individuals. In addition, <i>GWIM</i> includes the results of Retirement and Philanthropic Services, the Corporation’s approximately 34 percent economic ownership of BlackRock, and other miscellaneous items. <i>GWIM</i> also reflects the impact of migrating customers, and their related deposit and loan balances, between <i>GWIM</i> and <i>Deposits</i> and <i>GWIM</i> and <i>Home Loans & Insurance</i>. As of the date of migration, the associated net interest income, noninterest income and noninterest expense are recorded in the segment to which deposits and loans were transferred.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>All Other</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1"><i>All Other</i> consists of equity investment activities including Global Principal Investments, corporate investments and strategic investments, the residential mortgage portfolio associated with ALM activities, the residual impact of the cost allocation processes, merger and restructuring charges, and the results of certain businesses that are expected to be or have been sold or are in the process of being liquidated. <i>All Other</i> also includes certain amounts associated with ALM activities, foreign exchange rate fluctuations related to revaluation of foreign currency-denominated debt issuances, certain gains (losses) on sales of whole mortgage loans, gains (losses) on sales of debt securities and a securitization offset which removes the securitization impact of sold loans in <i>Global Card Services</i> in order to present the consolidated results of the Corporation on a GAAP basis (i.e., held basis). Effective January 1, 2009, as part of the Merrill Lynch acquisition, <i>All Other</i> includes the results of First Republic Bank and fair value adjustments related to certain Merrill Lynch structured notes.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Basis of Presentation</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Total revenue, net of interest expense, includes net interest income on a FTE basis and noninterest income. The adjustment of net interest income to a FTE basis results in a corresponding increase in income tax expense. The segment results also reflect certain revenue and expense methodologies that are utilized to determine net income. The net interest income of the businesses includes the results of a funds transfer pricing process that matches assets and liabilities with similar interest rate sensitivity and maturity characteristics. Net interest income of the business segments also includes an allocation of net interest income generated by the Corporation’s ALM activities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The management accounting and reporting process derives segment and business results by utilizing allocation methodologies for revenue and expense. The net income derived for the businesses is dependent upon revenue and cost allocations using an activity-based costing model, funds transfer pricing, and other methodologies and assumptions management believes are appropriate to reflect the results of the business.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation’s ALM activities maintain an overall interest rate risk management strategy that incorporates the use of interest rate contracts to manage fluctuations in earnings that are caused by interest rate volatility. The Corporation’s goal is to manage interest rate sensitivity so that movements in interest rates do not significantly adversely affect net interest income. The results of the business segments will fluctuate based on the performance of corporate ALM activities. ALM activities are recorded in the business segments such as external product pricing decisions, including deposit pricing strategies, the effects of the Corporation’s internal funds transfer pricing process as well as the net effects of other ALM activities. Certain residual impacts of the funds transfer pricing process are retained in <i>All Other</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Certain expenses not directly attributable to a specific business segment are allocated to the segments. The most significant of these expenses include data and item processing costs and certain centralized or shared functions. Data processing costs are allocated to the segments based on equipment usage. Item processing costs are allocated to the segments based on the volume of items processed for each segment. The costs of certain centralized or shared functions are allocated based on methodologies that reflect utilization.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following tables present total revenue, net of interest expense, on a FTE basis and net income (loss) for 2009, 2008 and 2007, and total assets at December 31, 2009 and 2008 for each business segment, as well as <i>All Other</i>.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 8px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="30%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Business Segments</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: Arial" size="1"><b>At and for the Year Ended December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Total Corporation <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Deposits <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Global Card Services <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net interest income <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>48,410</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">46,554</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">36,190</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,160</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,970</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,215</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,264</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,589</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,627</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Noninterest income</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>72,534</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">27,422</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">32,392</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,848</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,870</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,187</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,078</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,631</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,146</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Total revenue, net of<br /> interest expense</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>120,944</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">73,976</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">68,582</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14,008</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,840</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,402</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>29,342</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31,220</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">27,773</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Provision for credit losses <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">5</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>48,570</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26,825</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,385</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>380</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">399</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">227</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>30,081</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,164</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,678</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of intangibles</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,978</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,834</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,676</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>238</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">297</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">294</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>911</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,048</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,040</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other noninterest expense</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>64,735</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">39,695</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">35,848</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,455</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,486</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,056</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,050</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,112</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,337</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Income (loss) before<br /> income taxes</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,661</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,622</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,673</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,935</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,658</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,825</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(8,700</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,896</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,718</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Income tax expense (benefit) <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(615</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,614</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,691</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,429</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,146</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,751</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,145</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">662</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,457</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Arial" size="1"><b>Net income (loss)</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,276</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,982</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,506</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,512</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,074</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(5,555</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,234</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,261</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Year end total assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,223,299</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,817,943</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>445,363</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">390,487</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>217,139</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">252,683</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="11"></td> <td height="12" colspan="2"></td> <td height="12" colspan="12"></td> <td height="12" colspan="2"></td> <td height="12" colspan="12"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Home Loans & Insurance</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Global Banking <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Global Markets</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net interest income <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,974</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,311</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,899</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,250</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,755</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,679</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,120</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,151</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,308</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Noninterest income (loss)</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,928</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,999</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,806</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,785</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,041</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,083</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14,506</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8,982</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,618</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Total revenue, net of<br /> interest expense</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>16,902</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,310</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,705</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23,035</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,796</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,762</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,626</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,831</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,310</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Provision for credit losses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,244</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,287</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,015</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,835</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,130</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">658</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>400</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(50</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of intangibles</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>63</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">39</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>187</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">217</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">182</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>65</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other noninterest expense</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,620</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,923</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,527</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,352</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,467</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,376</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,977</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,904</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,737</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Income (loss) before<br /> income taxes</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,025</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,939</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">161</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,661</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,982</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,546</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10,184</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,687</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,052</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Income tax expense (benefit) <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,187</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,457</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">60</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,692</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,510</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,415</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,007</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,771</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,241</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Arial" size="1"><b>Net income (loss)</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,838</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,482</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">101</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,969</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,472</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,131</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,177</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,916</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,811</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Year end total assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>232,706</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">205,046</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>398,061</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">394,541</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>538,456</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">306,693</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="11"></td> <td height="12" colspan="2"></td> <td height="12" colspan="12"></td> <td height="12" colspan="2"></td> <td height="12" colspan="12"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>GWIM <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>All Other <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2, 3)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="10"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net interest income <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,564</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,797</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,920</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,922</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8,019</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,458</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Noninterest income</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,559</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,012</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,637</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,830</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,851</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,151</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Total revenue, net of<br /> interest expense</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,123</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,809</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,557</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,092</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,168</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(307</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Provision for credit losses <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">5</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,061</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">664</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,431</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,769</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,210</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Amortization of intangibles</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>512</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">231</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">150</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Other noninterest expense</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,565</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,679</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,341</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,716</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,124</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">474</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Income (loss) before<br /> income taxes</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,985</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,235</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,051</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,379</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,523</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,424</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Income tax expense (benefit) <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,446</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">807</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,096</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,857</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,283</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,153</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Net income (loss)</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,539</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,428</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,955</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>478</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,240</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,271</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Year end total assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>254,192</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">189,073</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>137,382</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">79,420</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">There were no material intersegment revenues.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Total assets include asset allocations to match liabilities (i.e., deposits).</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1"><i>Global Card Services</i> is presented on a managed basis with a corresponding offset recorded in <i>All Other</i>.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">FTE basis</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Provision for credit losses represents: For <i>Global Card Services</i> – Provision for credit losses on held loans combined with realized credit losses associated with the securitized loan portfolio and for <i>All Other</i> – Provision for credit losses combined with the <i>Global Card Services</i> securitization offset.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1"><i>Global Card Services</i> is reported on a managed basis which includes a securitization impact adjustment that has the effect of presenting securitized loans in a manner similar to the way loans that have not been sold are presented. <i>All Other</i> results include a corresponding securitization offset that removes the impact of these securitized loans in order to present the consolidated results of the Corporation on a held basis. The table below reconciles <i>Global Card Services</i> and <i>All Other</i> to a held basis by reclassifying net interest income, all other income and realized credit losses associated with the securitized loans to card income.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Global Card Services – Reconciliation</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="41%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="12"></td> <td height="8" colspan="2"></td> <td height="8" colspan="10"></td> <td height="8" colspan="2"></td> <td height="8" colspan="10"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="9" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="9" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Managed<br /> Basis <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Securitization<br /> Impact <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Held<br /> Basis</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Managed<br /> Basis <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Securitization<br /> Impact <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Held<br /> Basis</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Managed<br /> Basis <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Securitization<br /> Impact <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Held<br /> Basis</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net interest income <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,264</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(9,250</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,014</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,589</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8,701</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,888</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,627</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8,027</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,600</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Noninterest income:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Card income</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,555</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,034</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,521</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,033</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,250</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,283</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,170</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,356</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,526</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">All other income</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>523</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(115</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>408</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,598</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(219</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,379</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">976</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(288</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">688</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Total noninterest income</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,078</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,149</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,929</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,631</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,031</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,662</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,146</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,068</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,214</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Total revenue, net of interest expense</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>29,342</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11,399</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>17,943</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31,220</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,670</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">24,550</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">27,773</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,959</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,814</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Provision for credit losses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>30,081</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11,399</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,682</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,164</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,670</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,494</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,678</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,959</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,719</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Noninterest expense</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,961</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,961</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,160</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,160</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,377</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,377</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Income (loss) before income taxes</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(8,700</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(8,700</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,896</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,896</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,718</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,718</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Income tax expense (benefit) <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,145</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,145</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">662</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">662</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,457</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,457</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 3.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Net income (loss)</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(5,555</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(5,555</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,234</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,234</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,261</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,261</font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="9" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Reported<br /> Basis <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Securitization<br /> Offset <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>As<br /> Adjusted</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Reported<br /> Basis <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Securitization<br /> Offset <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">As<br /> Adjusted</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Reported<br /> Basis <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Securitization<br /> Offset <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">As<br /> Adjusted</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net interest income <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,922</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,250</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,328</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(8,019</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,701</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">682</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,458</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,027</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">569</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Noninterest income:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Card income (loss)</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(895</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,034</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,139</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,164</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,250</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(86</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,817</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,356</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(539</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Equity investment income</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,020</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,020</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">265</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">265</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,745</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,745</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 2.4em"><font style="FONT-FAMILY: ARIAL" size="1">Gains on sales of debt securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,440</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,440</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,133</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,133</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">179</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">179</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">All other income (loss)</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,735</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>115</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,620</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(711</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">219</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(492</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">410</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">288</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">698</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top" nowrap="nowrap"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Total noninterest income</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,830</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,149</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,979</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,851</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,031</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">820</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,151</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,068</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,083</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Total revenue, net of interest expense</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,092</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,399</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>10,307</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,168</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,670</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,502</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(307</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,959</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,652</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Provision for credit losses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,431</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,399</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,968</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,769</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,670</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,901</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,210</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,959</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(251</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Merger and restructuring charges</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,721</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,721</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">935</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">935</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">410</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">410</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">All other noninterest expense</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,997</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,997</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">189</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">189</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">69</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">69</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 4em"><font style="FONT-FAMILY: ARIAL" size="1">Income (loss) before income taxes</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,379</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,379</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,523</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(2,523</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,424</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,424</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Income tax expense (benefit) <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,857</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,857</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,283</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,283</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,153</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,153</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 3.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Net income (loss)</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>478</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>478</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,240</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,240</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,271</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,271</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Provision for credit losses represents: For <i>Global Card Services</i> – Provision for credit losses on held loans combined with realized credit losses associated with the securitized loan portfolio and for <i>All Other</i> – Provision for credit losses combined with the <i>Global Card Services</i> securitization offset.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The securitization impact/offset on net interest income is on a funds transfer pricing methodology consistent with the way funding costs are allocated to the businesses.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">FTE basis</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following tables present a reconciliation of the six business segments’ (<i>Deposits, Global Card Services, Home Loans & Insurance, Global Banking, Global Markets</i> and <i>GWIM</i>) total revenue, net of interest expense, on a FTE basis, and net income to the Consolidated Statement of Income, and total assets to the Consolidated Balance Sheet. The adjustments presented in the tables below include consolidated income, expense and asset amounts not specifically allocated to individual business segments.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="74%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="4"></td> <td height="12" colspan="4"></td> <td height="12" colspan="4"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Segment total revenue, net of interest expense <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>122,036</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">79,144</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">68,889</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Adjustments:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">ALM activities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(960</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,605</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">66</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Equity investment income</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,020</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">265</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,745</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Liquidating businesses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,300</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">256</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,060</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">FTE basis adjustment</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,301</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,194</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,749</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Managed securitization impact to total revenue, net of interest expense</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(11,399</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,670</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,959</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>947</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,624</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(219</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Consolidated revenue, net of interest expense</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>119,643</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">72,782</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">66,833</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Segment net income</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,798</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,248</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,711</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Adjustments, net of taxes:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">ALM activities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6,278</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(554</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(241</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Equity investment income</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,683</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">167</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,359</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Liquidating businesses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>445</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">86</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">613</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Merger and restructuring charges</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,714</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(630</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(258</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,342</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(309</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">798</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Consolidated net income</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,276</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,982</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">FTE basis</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="79%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="8"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Segment total assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,085,917</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,738,523</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Adjustments:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">ALM activities, including securities portfolio</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>560,063</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">552,796</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Equity investments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>34,662</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31,422</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Liquidating businesses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22,244</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,172</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Elimination of segment excess asset allocations to match liabilities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(561,607</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(439,162</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Elimination of managed securitized loans <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(89,715</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(100,960</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>171,735</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">32,152</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Consolidated total assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,223,299</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,817,943</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents <i>Global Card Services</i> securitized loans.</font></p> </td> </tr> </table> </div> </us-gaap:SegmentReportingDisclosureTextBlock> | |||||||||||||||||||||
| <us-gaap:ShortTermDebtTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 12 – Short-term Borrowings</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Bank of America, N.A. maintains a global program to offer up to a maximum of $75.0 billion outstanding at any one time, of bank notes with fixed or floating rates and maturities of at least seven days from the date of issue. Short-term bank notes outstanding under this program totaled $20.6 billion at December 31, 2009 compared to $10.5 billion at December 31, 2008. These short-term bank notes, along with Federal Home Loan Bank advances, U.S. Treasury tax and loan notes, and term federal funds purchased, are reflected in commercial paper and other short-term borrowings on the Consolidated Balance Sheet. See <i>Note 13 – Long-term Debt</i> for information regarding the long-term notes that may be issued under the $75.0 billion bank note program.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table presents information for short-term borrowings.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="57%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="2"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> <td height="12" colspan="2"></td> <td height="12" colspan="3"></td> <td height="12" colspan="3"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>Short-term Borrowings</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="4" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Amount</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Rate</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Amount</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Rate</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Amount</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Rate</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Federal funds purchased</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">At December 31</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,814</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.09</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,432</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.11</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,187</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.15</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">% </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Average during year</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,239</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.05</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,969</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.67</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,595</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.84</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Maximum month-end balance during year</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,814</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>—</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18,788</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,187</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Securities loaned or sold under agreements to repurchase</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">At December 31</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>250,371</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.39</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">192,166</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.84</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">207,248</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Average during year</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>365,624</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.96</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">264,012</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.54</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">245,886</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.21</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Maximum month-end balance during year</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>430,067</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>—</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">295,537</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">277,196</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Commercial paper</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">At December 31</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,131</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>0.65</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">37,986</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1.80</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">55,596</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.85</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Average during year</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>26,697</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.03</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">57,337</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.09</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">57,712</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.03</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Maximum month-end balance during year</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>37,025</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>—</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">65,399</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">69,367</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Other short-term borrowings</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">At December 31</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>56,393</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.72</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">120,070</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.07</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">135,493</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4.95</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Average during year</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>92,083</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1.87</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">125,392</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2.99</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">113,621</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5.18</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: ARIAL" size="1">Maximum month-end balance during year</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>169,602</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>—</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">160,150</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">142,047</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">—</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> </div> </us-gaap:ShortTermDebtTextBlock> | |||||||||||||||||||||
| <us-gaap:StockholdersEquityOther contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 2000000 </us-gaap:StockholdersEquityOther> | |||||||||||||||||||||
| <us-gaap:StockIssuedDuringPeriodValueAcquisitions contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 29109000000 </us-gaap:StockIssuedDuringPeriodValueAcquisitions> | |||||||||||||||||||||
| <us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 13468000000 </us-gaap:StockIssuedDuringPeriodValueNewIssues> | |||||||||||||||||||||
| <us-gaap:StockRedeemedOrCalledDuringPeriodValue contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 45000000000 </us-gaap:StockRedeemedOrCalledDuringPeriodValue> | |||||||||||||||||||||
| <us-gaap:TradingGainsLosses contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 12235000000 </us-gaap:TradingGainsLosses> | |||||||||||||||||||||
| <us-gaap:TradingSecuritiesAndCertainTradingAssetsTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 3 – Trading Account Assets and Liabilities</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The following table presents the components of trading account assets and liabilities at December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="83%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="6"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 1.71em"><font style="FONT-FAMILY: Arial" size="1"><b>Trading account assets</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 3.43em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. government and agency securities <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>44,585</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">60,038</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 3.43em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate securities, trading loans and other</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>57,009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">34,056</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 3.43em"><font style="FONT-FAMILY: ARIAL" size="1">Equity securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>33,562</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,258</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 3.43em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>28,143</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,614</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 3.43em"><font style="FONT-FAMILY: ARIAL" size="1">Mortgage trading loans and asset-backed securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,907</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,349</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 5.14em"><font style="FONT-FAMILY: Arial" size="1"><b>Total trading account assets</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>182,206</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">134,315</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 1.71em"><font style="FONT-FAMILY: Arial" size="1"><b>Trading account liabilities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 3.43em"><font style="FONT-FAMILY: ARIAL" size="1">U.S. government and agency securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>26,519</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">27,286</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 3.43em"><font style="FONT-FAMILY: ARIAL" size="1">Equity securities</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>18,407</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,128</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 3.43em"><font style="FONT-FAMILY: ARIAL" size="1">Foreign sovereign debt</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,897</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,252</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 3.43em"><font style="FONT-FAMILY: ARIAL" size="1">Corporate securities and other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,609</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,057</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.71em; MARGIN-LEFT: 5.14em"><font style="FONT-FAMILY: Arial" size="1"><b>Total trading account liabilities</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>65,432</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">51,723</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes $23.5 billion and $52.6 billion at December 31, 2009 and 2008 of government-sponsored enterprise (GSE) obligations.</font></p> </td> </tr> </table> </div> </us-gaap:TradingSecuritiesAndCertainTradingAssetsTextBlock> | |||||||||||||||||||||
| <us-gaap:TransfersAndServicingOfFinancialAssetsTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 8 – Securitizations</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation routinely securitizes loans and debt securities. These securitizations are a source of funding for the Corporation in addition to transferring the economic risk of the loans or debt securities to third parties. In a securitization, various classes of debt securities may be issued and are generally collateralized by a single class of transferred assets which most often consist of residential mortgages, but may also include commercial mortgages, credit card receivables, home equity loans, automobile loans or MBS. The securitized loans may be serviced by the Corporation or by third parties. With each securitization, the Corporation may retain a portion of the securities, subordinated tranches, interest-only strips, subordinated interests in accrued interest and fees on the securitized receivables or, in some cases, overcollateralization and cash reserve accounts, all of which are referred to as retained interests. These retained interests are recorded in other assets, AFS debt securities, or trading account assets and are generally carried at fair value or amounts that approximate fair value with changes recorded in income or accumulated OCI, or are recorded as HTM debt securities and carried at amortized cost. Changes in the fair value of credit card related interest- only strips are recorded in card income. In addition, the Corporation may enter into derivatives with the securitization trust to mitigate the trust’s interest rate or foreign currency risk. These derivatives are entered into at market terms and are generally senior in payment. The Corporation also may serve as the underwriter and distributor of the securitization, serve as the administrator of the trust, and from time to time, make markets in securities issued by the securitization trusts.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>First Lien Mortgage-related Securitizations</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">As part of its mortgage banking activities, the Corporation securitizes a portion of the residential mortgage loans it originates or purchases from third parties in conjunction with or shortly after loan closing or purchase. In addition, the Corporation may, from time to time, securitize commercial mortgages and first lien residential mortgages that it originates or purchases from other entities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table summarizes selected information related to mortgage securitizations at and for the years ended December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="44%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="26"></td> <td height="8" colspan="2"></td> <td height="8" colspan="3"></td> <td height="8" colspan="3"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="25" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Residential Mortgage</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" rowspan="2" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Agency</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="11" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Non-Agency</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Prime</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Subprime</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Alt-A</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Commercial Mortgage </b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>For the Year Ended December 31</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Cash proceeds from new securitizations <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>346,448</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">123,653</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,038</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,377</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>313</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,557</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Gains on securitizations <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2,3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>73</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">24</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">29</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -0.8em; MARGIN-LEFT: 0.8em"><font style="FONT-FAMILY: ARIAL" size="1">Cash flows received on residual interests</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>25</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>71</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">33</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>At December 31</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Principal balance outstanding <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,255,650</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,123,916</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>81,012</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">111,683</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>83,065</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">57,933</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>147,072</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">136,027</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>65,397</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">55,403</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Residual interests held</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>48</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Senior securities held <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5, 6)</sup>:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,295</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,308</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>201</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">367</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>431</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">278</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>469</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">168</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13,786</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,507</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,845</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,559</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>188</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">121</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>561</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">569</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,215</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Total senior securities held</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>16,081</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">13,815</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,046</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,926</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>200</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">121</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>992</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">847</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,684</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">184</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Subordinated securities held <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5, 7)</sup>:</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Trading account assets</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>122</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">136</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Available-for-sale debt securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -0.75em; MARGIN-LEFT: 3.75em"><font style="FONT-FAMILY: Arial" size="1"><b>Total subordinated securities held</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>13</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">43</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">18</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>145</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">136</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation sells residential mortgage loans to GSEs in the normal course of business and receives MBS in exchange which may then be sold into the market to third party investors for cash proceeds.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Net of hedges</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Substantially all of the residential mortgages securitized are initially classified as LHFS and accounted for under the fair value option. As such, gains are recognized on these LHFS prior to securitization. During 2009 and 2008, the Corporation recognized $5.5 billion and $1.6 billion of gains on these LHFS.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Generally, the Corporation as transferor will service the sold loans and thus recognize a MSR upon securitization.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As a holder of these securities, the Corporation receives scheduled interest and principal payments. During 2009 and 2008, there were no significant other-than-temporary impairment losses recorded on those securities classified as AFS debt securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, substantially all of the residential mortgage held senior securities were valued using quoted market prices. At December 31, 2009, substantially all of the commercial mortgage held senior securities were valued using quoted market prices while at December 31, 2008 substantially all were valued using model valuations.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(7)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, substantially all of the residential mortgage held subordinated securities and all of the commercial mortgage held subordinated securities were valued using quoted market prices while at December 31, 2008 substantially all were valued using model valuations.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition to the amounts included in the table above, during 2009, the Corporation purchased $49.2 billion of MBS from third parties and resecuritized them compared to $12.2 billion during 2008. Net gains, which include net interest income earned during the holding period, totaled $213 million and $80 million in 2009 and 2008. At December 31, 2009 and 2008, the Corporation retained $543 million and $1.0 billion of the senior securities issued in these transactions which were valued using quoted market prices and recorded in trading account assets.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation has consumer MSRs from the sale or securitization of mortgage loans. Servicing fee and ancillary fee income on consumer mortgage loans serviced, including securitizations where the Corporation has continuing involvement, were $6.2 billion and $3.5 billion in 2009 and 2008. Servicing advances on consumer mortgage loans, including securitizations where the Corporation has continuing involvement, were $19.3 billion and $8.8 billion at December 31, 2009 and 2008. In addition, the Corporation has retained commercial MSRs from the sale or securitization of commercial mortgage loans. Servicing fee and ancillary fee income on commercial mortgage loans serviced, including securitizations where the Corporation has continuing involvement, were $49 million and $40 million in 2009 and 2008. Servicing advances on commercial mortgage loans, including securitizations where the Corporation has continuing involvement, were $109 million and $14 million at December 31, 2009 and 2008. For more information on MSRs, see <i>Note 22 – Mortgage Servicing Rights</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation sells mortgage loans and, in the past sold home equity loans, with various representations and warranties related to, among other things, the ownership of the loan, validity of the lien securing the loan, absence of delinquent taxes or liens against the property securing the loan, the process used in selecting the loans for inclusion in a transaction, the loan’s compliance with any applicable loan criteria established by the buyer, and the loan’s compliance with applicable local, state and federal laws. Under the Corporation’s representations and warranties, the Corporation may be required to repurchase the mortgage loans with the identified defects, indemnify or provide other recourse to the investor or insurer. In such cases, the Corporation bears any subsequent credit loss on the mortgage loans. The Corporation’s representations and warranties are generally not subject to stated limits and extend over the life of the loan. However, the Corporation’s contractual liability arises only if there is a breach of the representations and warranties that materially and adversely affects the interest of the investor or pursuant to such other standard established by the terms of the related selling agreement. The Corporation attempts to limit its risk of incurring these losses by structuring its operations to ensure consistent production of quality mortgages and servicing those mortgages at levels that meet secondary mortgage market standards. In addition, certain of the Corporation’s securitizations include corporate guarantees that are contracts written to protect purchasers of the loans from credit losses up to a specified amount. The estimated losses to be absorbed under the guarantees are recorded when the Corporation sells the loans with guarantees. The methodology used to estimate the liability for representations and warranties considers a variety of factors and is a function of the representations and warranties given, estimated defaults, historical loss experience and probability that the Corporation will be required to repurchase the loan. The Corporation records its liability for representations and warranties, and corporate guarantees in accrued expenses and other liabilities and records the related expense in mortgage banking income. During 2009 and 2008, the Corporation recorded representations and warranties expense of $1.9 billion and $246 million. During 2009 and 2008, the Corporation repurchased $1.5 billion and $448 million of loans from first lien securitization trusts under the Corporation’s representations and warranties and corporate guarantees and paid $730 million and $77 million to indemnify the investors or insurers. In addition, during 2009, the Corporation repurchased $13.1 billion of loans from first lien securitization trusts as a result of modifications, loan delinquencies or optional clean-up calls.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Credit Card Securitizations</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation securitizes originated and purchased credit card loans. The Corporation’s continuing involvement includes servicing the receivables, retaining an undivided interest (the “seller’s interest”) in the receivables, and holding certain retained interests in credit card securitization trusts including senior and subordinated securities, interest-only strips, discount receivables, subordinated interests in accrued interest and fees on the securitized receivables and cash reserve accounts. The securitization trusts’ legal documents require the Corporation to maintain a minimum seller’s interest of four to five percent, and at December 31, 2009, the Corporation is in compliance with this requirement. The seller’s interest in the trusts represents the Corporation’s undivided interest in the receivables transferred to the trust and is pari passu to the investors’ interest. The seller’s interest is not represented by security certificates, is carried at historical cost, and is classified in loans on the Corporation’s Consolidated Balance Sheet. At December 31, 2009 and 2008, the Corporation had $10.8 billion and $14.8 billion of seller’s interest.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As specifically permitted by the terms of the transaction documents, and in an effort to address the recent decline in the excess spread due to the performance of the underlying credit card receivables in the U.S. Credit Card Securitization Trust, an additional subordinated security with a stated interest rate of zero percent was issued by the trust to the Corporation during 2009 (the Class D security). As the issuance was not treated as a sale, the Class D security was recorded at $7.8 billion representing the carry-over basis of the seller’s interest which is comprised of the $8.5 billion book value of the loans exchanged less the associated $750 million allowance for loan and lease losses, and was classified as HTM. Future principal and interest cash flows on the loans exchanged for the Class D security will be returned to the Corporation through its ownership of the Class D security and the U.S. Credit Card Securitization Trust’s residual interest. Income on this residual interest is presently recognized in card income as cash is received. The Class D security is subject to review for impairment at least on a quarterly basis. As the Corporation expects to receive all of the contractually due cash flows on the Class D security, there was no other-than-temporary impairment at December 31, 2009. In addition, as permitted by the transaction documents, the Corporation specified that from March 1, 2009 through September 30, 2009 a percentage of new receivables transferred to the trust will be deemed “discount receivables” and collections thereon will be added to finance charges which have increased the yield in the trust. Through the designation of these newly transferred receivables as discount receivables, the Corporation has subordinated a portion of its seller’s interest to the investors’ interest. The discount receivables were initially accounted for at the carry-over basis of the seller’s interest and are subject to impairment review at least on a quarterly basis. No impairment on the discount receivables has been recognized as of December 31, 2009. During 2009, the Corporation extended this agreement through March 31, 2010. The carrying amount and fair value of the discount receivables were both $3.6 billion, and the carrying amount and fair value of the retained Class D security was $6.6 billion and $6.4 billion at December 31, 2009. These actions did not have a significant impact on the Corporation’s results of operations.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table summarizes selected information related to credit card securitizations at and for the year ended December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 7px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="82%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Credit Card</b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>For the Year Ended December 31</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Cash proceeds from new securitizations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>650</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,148</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Gains on securitizations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>—</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">81</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Collections reinvested in revolving period securitizations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>133,771</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">162,332</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Cash flows received on residual interests</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,512</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,771</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>At December 31</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Principal balance outstanding <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>103,309</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">114,141</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Senior securities held <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,162</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,965</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Subordinated securities held <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,993</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,837</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other subordinated or residual interests held <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,195</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,233</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Principal balance outstanding represents the principal balance of credit card receivables that have been legally isolated from the Corporation including those loans represented by the seller’s interest that are still held on the Corporation’s Consolidated Balance Sheet.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, held senior securities issued by credit card securitization trusts were valued using quoted market prices and substantially all were classified as AFS debt securities and there were no other-than-temporary impairment losses recorded on those securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, the $6.6 billion Class D security was carried at amortized cost and classified as HTM debt securities and $1.4 billion of other held subordinated securities were valued using quoted market prices and were classified as AFS debt securities. At December 31, 2008, all of the held subordinated securities were valued using quoted market prices and classified as AFS debt securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Other subordinated and residual interests include discount receivables, subordinated interests in accrued interest and fees on the securitized receivables, and cash reserve accounts and interest-only strips which are carried at fair value or amounts that approximate fair value. The residual interests were valued using model valuations. Residual interests associated with the Class D and discount receivables transactions have not been recognized.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Economic assumptions are used in measuring the fair value of certain residual interests that continue to be held by the Corporation. The expected loss rate assumption used to measure the discount receivables at December 31, 2009 was 13 percent. A 10 percent and 20 percent adverse change to the expected loss rate would have caused a decrease of $280 million and $1.2 billion to the fair value of the discount receivables at December 31, 2009. The discount rate assumption used to measure the Class D security at December 31, 2009 was six percent. A 100 bps and 200 bps increase in the discount rate would have caused a decrease of $116 million and $228 million to the fair value of the Class D security. Conversely, a 100 bps and 200 bps decrease in the discount rate would have caused an increase of $120 million and $245 million to the fair value of the Class D security. These sensitivities are hypothetical and should be used with caution. As the amounts indicate, changes in fair value based on variations in assumptions generally cannot be extrapolated because the relationship of the change in assumption to the change in fair value may not be linear.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, there were no recognized servicing assets or liabilities associated with any of the credit card securitization transactions. The Corporation recorded $2.0 billion and $2.1 billion in servicing fees related to credit card securitizations during 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2008, the Corporation became one of the liquidity support providers for the Corporation’s commercial paper program that obtains financing by issuing tranches of commercial paper backed by credit card receivables to third-party investors from a trust sponsored by the Corporation. During 2009, the Corporation became the sole liquidity support provider for the program and increased its liquidity commitment from $946 million to $2.3 billion. The maximum amount of commercial paper that can be issued under this program given the current level of liquidity support is $8.8 billion, all of which was outstanding at December 31, 2009 and 2008. If certain conditions set forth in the legal documents governing the trust are not met, such as not being able to reissue the commercial paper due to market illiquidity, the commercial paper maturity dates will be extended to 390 days from the original issuance date. This extension would cause the outstanding commercial paper to convert to an interest-bearing note and subsequent credit card receivable collections would be applied to the outstanding note balance. If these notes are still outstanding at the end of the extended maturity period, the liquidity commitment obligates the Corporation and other liquidity support providers, if any, to purchase maturity notes from the trust in order to retire the interest-bearing notes held by investors. As a maturity note holder, the Corporation would be entitled to the remaining cash flows from the collateralizing credit card receivables. At December 31, 2009 and 2008, none of the commercial paper had been extended and there were no maturity notes outstanding. Due to illiquidity in the marketplace, the Corporation held $7.1 billion and $5.0 billion of the outstanding commercial paper as of December 31, 2009 and 2008, which is classified in AFS debt securities on the Corporation’s Consolidated Balance Sheet.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Other Securitizations</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation also maintains interests in other securitization trusts to which the Corporation transferred assets including municipal bonds, automobile loans and home equity loans. These retained interests include senior and subordinated securities and residual interests. During 2009, the Corporation had cash proceeds from new securitizations of municipal bonds of $664 million as well as cash flows received on residual interests of $316 million. At December 31, 2009, the principal balance outstanding for municipal bonds securitization trusts was $6.9 billion, senior securities held were $122 million and residual interests held were $203 million. The residual interests were valued using model valuations and substantially all are classified as derivative assets. At December 31, 2009, all of the held senior securities issued by municipal bond securitization trusts were valued using quoted market prices and classified as trading account assets.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2009, the Corporation securitized $9.0 billion of automobile loans in a transaction that was structured as a secured borrowing under applicable accounting guidance and the loans are therefore recorded on the Corporation’s Consolidated Balance Sheet and excluded from the following table.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">There were no new securitizations of home equity loans during 2009 and 2008. The following table summarizes selected information related to home equity and automobile loan securitizations at and for the year ended December 31, 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 7px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="67%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Home Equity</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>Automobile</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>For the Year Ended December 31</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Cash proceeds from new securitizations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">741</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Losses on securitizations <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(31</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Collections reinvested in revolving period securitizations</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>177</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">235</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Repurchases of loans from trust <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>268</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">128</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>298</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">184</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Cash flows received on residual interests</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>35</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">27</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>52</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>At December 31</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Principal balance outstanding</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>46,282</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">34,169</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,656</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,385</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Senior securities held <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 4)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>15</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,119</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,102</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Subordinated securities held <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>48</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>195</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">383</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Residual interests held <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>100</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">93</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>83</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">84</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Net of hedges</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Repurchases of loans from the trust for home equity loans are typically a result of the Corporation’s representations and warranties, modifications or the exercise of an optional clean-up call. In addition, during 2009 and 2008, the Corporation paid $141 million and $34 million to indemnify the investor or insurer under the representations and warranties, and corporate guarantees. For further information regarding representations and warranties, and corporate guarantees, see the First Lien Mortgage-related Securitizations discussion. Repurchases of automobile loans during 2009 and 2008 were due to the exercise of an optional clean-up call.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As a holder of these securities, the Corporation receives scheduled interest and principal payments. During 2009, there were no other-than-temporary impairment losses recorded on those securities classified as AFS debt securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009, all of the held senior securities issued by the home equity securitization trusts were valued using quoted market prices and classified as trading account assets. At December 31, 2009 and 2008, substantially all of the held senior securities issued by the automobile securitization trusts were valued using quoted market prices and classified as AFS debt securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, substantially all of the held subordinated securities issued by the home equity securitization trusts were valued using model valuations and classified as AFS debt securities. At December 31, 2009 and 2008, substantially all of the held subordinated securities issued by the automobile securitization trusts were valued using quoted market prices and classified as AFS debt securities.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Residual interests include the residual asset, overcollateralization and cash reserve accounts, which are carried at fair value or amounts that approximate fair value. The residual interests were derived using model valuations and substantially all are classified in other assets.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Under the terms of the Corporation’s home equity securitizations, advances are made to borrowers when they draw on their lines of credit and the Corporation is reimbursed for those advances from the cash flows in the securitization. During the revolving period of the securitization, this reimbursement normally occurs within a short period after the advance. However, when the securitization transaction has begun a rapid amortization period, reimbursement of the Corporation’s advance occurs only after other parties in the securitization have received all of the cash flows to which they are entitled. This has the effect of extending the time period for which the Corporation’s advances are outstanding. In particular, if loan losses requiring draws on monoline insurers’ policies, which protect the bondholders in the securitization, exceed a specified threshold or duration, the Corporation may not receive reimbursement for all of the funds advanced to borrowers, as the senior bondholders and the monoline insurers have priority for repayment.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation evaluates all of its home equity securitizations for their potential to experience a rapid amortization event by estimating the amount and timing of future losses on the underlying loans, the excess spread available to cover such losses and by evaluating any estimated shortfalls in relation to contractually defined triggers. A maximum funding obligation attributable to rapid amortization cannot be calculated as a home equity borrower has the ability to pay down and redraw balances. At December 31, 2009 and 2008, home equity securitization transactions in rapid amortization had $14.1 billion and $13.1 billion of trust certificates outstanding. This amount is significantly greater than the amount the Corporation expects to fund. At December 31, 2009, an additional $1.1 billion of trust certificates outstanding pertain to home equity securitization transactions that are expected to enter rapid amortization during the next 24 months. The charges that will ultimately be recorded as a result of the rapid amortization events are dependent on the performance of the loans, the amount of subsequent draws, and the timing of related cash flows. At December 31, 2009 and 2008, the reserve for losses on expected future draw obligations on the home equity securitizations in or expected to be in rapid amortization was $178 million and $345 million.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation has consumer MSRs from the sale or securitization of home equity loans. The Corporation recorded $128 million and $78 million of servicing fee income related to home equity securitizations during 2009 and 2008. For more information on MSRs, see <i>Note 22 – Mortgage Servicing Rights</i>. At December 31, 2009 and 2008, there were no recognized servicing assets or liabilities associated with any of the automobile securitization transactions. The Corporation recorded $43 million and $30 million in servicing fees related to automobile securitizations during 2009 and 2008.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation provides financing to certain entities under asset-backed financing arrangements. These entities are controlled and consolidated by third parties. At December 31, 2009, the principal balance outstanding for these asset-backed financing arrangements was $10.4 billion, the maximum loss exposure was $6.8 billion, and on-balance sheet assets were $6.7 billion which are primarily recorded in loans and leases. The total cash flows for 2009 were $491 million and are primarily related to principal and interest payments received.</font></p> </div> </us-gaap:TransfersAndServicingOfFinancialAssetsTextBlock> | |||||||||||||||||||||
| <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="shares" decimals="-3"> 7728570000 </us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding> | |||||||||||||||||||||
| <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="shares" decimals="-3"> 7728570000 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic> | |||||||||||||||||||||
| <bac:BrokerageCommissionsAndAssetManagementFeesRevenue contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 11919000000 </bac:BrokerageCommissionsAndAssetManagementFeesRevenue> | |||||||||||||||||||||
| <bac:FeesAndCommissionsCreditAndDebitCards contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 8353000000 </bac:FeesAndCommissionsCreditAndDebitCards> | |||||||||||||||||||||
| <bac:InvestmentBankingAndUnderwritingRevenue contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 5551000000 </bac:InvestmentBankingAndUnderwritingRevenue> | |||||||||||||||||||||
| <bac:MortgageBankingIncome contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 8791000000 </bac:MortgageBankingIncome> | |||||||||||||||||||||
| <bac:AllowanceForLoanAndLeaseLossesDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 7 – Allowance for Credit Losses</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The following table summarizes the changes in the allowance for credit losses for 2009, 2008 and 2007.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="75%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Allowance for loan and lease losses, January 1</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>23,071</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,588</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,016</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans and leases charged off</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(35,483</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(17,666</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,730</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Recoveries of loans and leases previously charged off</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,795</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,435</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,250</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Net charge-offs</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(33,688</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(16,231</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(6,480</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Provision for loan and lease losses</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>48,366</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26,922</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,357</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Write-downs on consumer purchased impaired loans <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(179</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(370</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">792</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">695</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Allowance for loan and lease losses, December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>37,200</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23,071</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,588</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Reserve for unfunded lending commitments, January 1</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>421</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">518</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">397</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Provision for unfunded lending commitments</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>204</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(97</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">28</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>862</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">— </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">93</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: Arial" size="1"><b>Reserve for unfunded lending commitments, December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>1,487</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">421</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">518</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Allowance for credit losses, December 31</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>38,687</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23,492</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,106</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents the write-downs on certain pools of purchased impaired loans that exceed the original purchase accounting adjustments.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">n/a = not applicable</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation recorded $3.7 billion in provision, including a $3.5 billion addition to the allowance for loan and leases losses, during 2009 specifically for the purchased impaired loan portfolio. The amount of the allowance for loan and lease losses associated with the purchased impaired loan portfolio was $3.9 billion at December 31, 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In the above table, the 2009 “other” amount under allowance for loan and lease losses includes a $750 million reduction in the allowance for loan and lease losses related to $8.5 billion of credit card loans that were exchanged for a $7.8 billion HTM debt security that was issued by the Corporation’s U.S. Credit Card Securitization Trust and retained by the Corporation. This reduction was partially offset by a $340 million increase associated with the reclassification to other assets of the December 31, 2008 amount expected to be reimbursable under residential mortgage cash collateralized synthetic securitizations. The 2008 “other” amount under allowance for loan and lease losses, includes the $1.2 billion addition of the Countrywide allowance for loan losses as of July 1, 2008. The 2007 “other” amount under allowance for loan and lease losses includes the $725 million and $25 million additions of the LaSalle and U.S. Trust Corporation allowance for loan losses as of October 1, 2007 and July 1, 2007.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In the previous table, the 2009 “other” amount under the reserve for unfunded lending commitments represents the fair value of the acquired Merrill Lynch reserve excluding those accounted for under the fair value option, net of accretion and the impact of funding previously unfunded portions. The 2007 “other” amount under the reserve for unfunded lending commitments includes the $124 million addition of the LaSalle reserve as of October 1, 2007.</font></p> </div> </bac:AllowanceForLoanAndLeaseLossesDisclosureTextBlock> | |||||||||||||||||||||
| <bac:LoansHeldForInvestmentTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 6 – Outstanding Loans and Leases</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Outstanding loans and leases at December 31, 2009 and 2008 were:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 7px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="82%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Consumer</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Residential mortgage <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>242,129</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">248,063</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Home equity</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>149,126</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">152,483</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Discontinued real estate <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>14,854</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,981</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Credit card – domestic</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>49,453</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">64,128</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Credit card – foreign</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>21,656</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,146</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Direct/Indirect consumer <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>97,236</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">83,436</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other consumer <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,110</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,442</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total consumer</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>577,564</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">588,679</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Commercial</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial – domestic <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>198,903</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">219,233</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial real estate <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>69,447</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">64,701</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial lease financing</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>22,199</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,400</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial – foreign</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>27,079</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">31,020</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 4.8em"><font style="FONT-FAMILY: ARIAL" size="1">Total commercial loans</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>317,628</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">337,354</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial loans measured at fair value <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(7)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,936</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,413</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total commercial</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>322,564</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">342,767</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total loans and leases</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>900,128</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">931,446</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes foreign residential mortgages of $552 million at December 31, 2009 mainly from the Merrill Lynch acquisition. The Corporation did not have any material foreign residential mortgage loans prior to January 1, 2009.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes $13.4 billion and $18.2 billion of pay option loans and $1.5 billion and $1.8 billion of subprime loans at December 31, 2009 and 2008. The Corporation no longer originates these products.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes dealer financial services loans of $41.6 billion and $40.1 billion, consumer lending of $19.7 billion and $28.2 billion, securities-based lending margin loans of $12.9 billion and $0, and foreign consumer loans of $7.8 billion and $1.8 billion at December 31, 2009 and 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes consumer finance loans of $2.3 billion and $2.6 billion, and other foreign consumer loans of $709 million and $618 million at December 31, 2009 and 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes small business commercial – domestic loans, primarily credit card related, of $17.5 billion and $19.1 billion at December 31, 2009 and 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes domestic commercial real estate loans of $66.5 billion and $63.7 billion and foreign commercial real estate loans of $3.0 billion and $979 million at December 31, 2009 and 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(7)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Certain commercial loans are accounted for under the fair value option and include commercial – domestic loans of $3.0 billion and $3.5 billion, commercial – foreign loans of $1.9 billion and $1.7 billion, and commercial real estate loans of $90 million and $203 million at December 31, 2009 and 2008. See <i>Note 20 – Fair Value Measurements</i> for additional discussion of fair value for certain financial instruments.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation mitigates a portion of its credit risk through synthetic securitizations which are cash collateralized and provide mezzanine risk protection of $2.5 billion which will reimburse the Corporation in the event that losses exceed 10 bps of the original pool balance. As of December 31, 2009 and 2008, $70.7 billion and $109.3 billion of mortgage loans were protected by these agreements. The decrease in these credit protected pools was due to approximately $12.1 billion in loan sales, a terminated transaction of $6.6 billion and principal payments during the year. During 2009, $669 million was recognized in other income for amounts that will be reimbursed under these structures. As of December 31, 2009, the Corporation had a receivable of $1.0 billion from these structures for reimbursement of losses. In addition, the Corporation has entered into credit protection agreements with GSEs totaling $6.6 billion and $9.6 billion as of December 31, 2009 and 2008, providing full protection on conforming residential mortgage loans that become severely delinquent.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Nonperforming Loans and Leases</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The following table presents the Corporation’s nonperforming loans and leases, including nonperforming TDRs at December 31, 2009 and 2008. This table excludes performing TDRs and loans accounted for under the fair value option. Nonperforming LHFS are excluded from nonperforming loans and leases as they are recorded at the lower of cost or fair value. In addition, purchased impaired loans and past due consumer credit card, consumer non-real estate-secured loans and leases, and business card loans are not considered nonperforming loans and leases and are therefore excluded from nonperforming loans and leases. Real estate-secured, past due consumer loans repurchased pursuant to the Corporation’s servicing agreements with GNMA are not reported as nonperforming as repayments are guaranteed by the FHA.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Nonperforming Loans and Leases</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="82%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Consumer</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Residential mortgage</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>16,596</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,057</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Home equity</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,804</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,637</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Discontinued real estate</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>249</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">77</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Direct/Indirect consumer</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>86</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Other consumer</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>104</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">91</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total consumer</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>20,839</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9,888</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Commercial</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial – domestic <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,125</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,245</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial real estate</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,286</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,906</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial lease financing</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>115</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">56</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Commercial – foreign</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>177</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">290</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total commercial</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,703</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,497</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 4.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total nonperforming loans and leases</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>33,542</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,385</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes small business commercial – domestic loans of $200 million and $205 million at December 31, 2009 and 2008.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Included in certain loan categories in the nonperforming table above are TDRs that were classified as nonperforming. At December 31, 2009 and 2008, the Corporation had $2.9 billion and $209 million of residential mortgages, $1.7 billion and $302 million of home equity, $486 million and $44 million of commercial – domestic loans, and $43 million and $5 million of discontinued real estate loans that were TDRs and classified as nonperforming. In addition to these amounts, the Corporation had performing TDRs that were on accrual status of $2.3 billion and $320 million of residential mortgages, $639 million and $1 million of home equity, $91 million and $13 million of commercial – domestic loans, and $35 million and $66 million of discontinued real estate.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Impaired Loans and Troubled Debt Restructurings</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">A loan is considered impaired when, based on current information and events, it is probable that the Corporation will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming commercial loans, commercial performing TDRs, and both performing and nonperforming consumer real estate TDRs. As defined in applicable accounting guidance, impaired loans exclude nonperforming consumer loans not modified in a TDR, and all commercial loans and leases accounted for under the fair value option. Purchased impaired loans are reported and discussed separately below.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, the Corporation had $12.7 billion and $6.5 billion of commercial impaired loans and $7.7 billion and $903 million of consumer impaired loans. The average recorded investment in the commercial and consumer impaired loans for 2009, 2008 and 2007 was approximately $15.1 billion, $5.0 billion and $1.2 billion, respectively. At December 31, 2009 and 2008, the recorded investment in impaired loans requiring an allowance for loan and lease losses was $18.6 billion and $6.9 billion, and the related allowance for loan and lease losses was $3.0 billion and $720 million. For 2009, 2008 and 2007, interest income recognized on impaired loans totaled $266 million, $105 million and $130 million, respectively.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">At December 31, 2009 and 2008, remaining commitments to lend additional funds to debtors whose terms have been modified in a commercial or consumer TDR were immaterial.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation seeks to assist customers that are experiencing financial difficulty through renegotiating credit card and consumer lending loans while ensuring compliance with Federal Financial Institutions Examination Council (FFIEC) guidelines. At December 31, 2009 and 2008, the Corporation had renegotiated consumer credit card – domestic held loans of $4.2 billion and $2.3 billion of which $3.1 billion and $1.7 billion were current or less than 30 days past due under the modified terms. In addition, at December 31, 2009 and 2008, the Corporation had renegotiated consumer credit card – foreign held loans of $898 million and $517 million of which $471 million and $287 million were current or less than 30 days past due under the modified terms, and consumer lending loans of $2.0 billion and $1.3 billion of which $1.5 billion and $854 million were current or less than 30 days past due under the modified terms. These renegotiated loans are excluded from nonperforming loans.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Purchased Impaired Loans</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Purchased impaired loans are acquired loans with evidence of credit quality deterioration since origination for which it is probable at purchase date that the Corporation will be unable to collect all contractually required payments. In connection with the Countrywide acquisition in 2008, the Corporation acquired purchased impaired loans, substantially all of which are residential mortgage, home equity and discontinued real estate, with an unpaid principal balance of $47.7 billion and $55.4 billion and a carrying amount of $37.5 billion and $42.2 billion at December 31, 2009 and 2008. At December 31, 2009, the unpaid principal balance of Merrill Lynch purchased impaired consumer and commercial loans was $2.4 billion and $2.0 billion and the carrying amount of these loans was $2.1 billion and $692 million. As of the acquisition date of January 1, 2009, these loans had an unpaid principal balance of $2.7 billion and $2.9 billion and a fair value of $2.3 billion and $1.9 billion.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table provides details on purchased impaired loans obtained in the Merrill Lynch acquisition. This information is provided only for acquisitions that occurred in the current year.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Acquired Loan Information for Merrill Lynch as of January 1, 2009</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="82%"></td> <td valign="bottom" width="13%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Contractually required payments including interest</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,205</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Less: Nonaccretable difference</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,357</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: Arial" size="1"><b>Cash flows expected to be collected <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,848</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Less: Accretable yield</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(627</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: Arial" size="1"><b>Fair value of loans acquired</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>4,221</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents undiscounted expected principal and interest cash flows upon acquisition.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Consumer purchased impaired loans are accounted for on a pool basis. Pooled loans that are modified subsequent to acquisition are reviewed to compare modified contractual cash flows to the purchased impaired loan carrying value. If the present value of the modified cash flows is lower than the carrying value, the loan is removed from the purchased impaired loan pool at its carrying value, as well as any related allowance for loan and lease losses, and classified as a TDR. The carrying value of purchased impaired loan TDRs totaled $2.3 billion at December 31, 2009 of which $1.9 billion were on accrual status. The carrying value of these modified loans, net of allowance, was approximately 69 percent of the unpaid principal balance.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation recorded a $750 million provision for credit losses establishing a corresponding valuation allowance within the allowance for loan and lease losses for purchased impaired loans at December 31, 2008. The Corporation recorded $3.7 billion in provision, including a $3.5 billion addition to the allowance for loan and lease losses, related to the purchased impaired loan portfolio during 2009 due to a decrease in expected principal cash flows. The amount of the allowance for loan and lease losses associated with the purchased impaired loan portfolio was $3.9 billion at December 31, 2009, primarily related to Countrywide.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table shows activity for the accretable yield on purchased impaired loans acquired from Countrywide and Merrill Lynch for 2009 and 2008. The decrease in expected cash flows during 2009 of $1.4 billion is primarily attributable to lower expected interest cash flows due to increased credit losses, faster prepayment assumptions and lower rates.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Accretable Yield Activity</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 6px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="80%"></td> <td valign="bottom" width="13%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" colspan="2"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Accretable yield, July 1, 2008 <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,549</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accretion</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,667</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Disposals/transfers</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(589</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Reclassifications to nonaccretable difference</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,433</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Accretable yield, January 1, 2009</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>12,860</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Merrill Lynch balance</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>627</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Accretion</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,859</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Disposals/transfers <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,482</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Reclassifications to nonaccretable difference</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(1,431</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: Arial" size="1"><b>Accretable yield, December 31, 2009</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,715</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents the accretable yield of loans acquired from Countrywide at July 1, 2008.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="10" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes $1.2 billion in accretable yield related to loans restructured in TDRs in which the present value of modified cash flows was lower than expectations upon acquisition. These TDRs were removed from the purchased impaired loan pool.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Loans Held-for-Sale</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation had LHFS of $43.9 billion and $31.5 billion at December 31, 2009 and 2008. Proceeds from sales, securitizations and paydowns of LHFS were $365.1 billion, $142.1 billion and $107.1 billion for 2009, 2008 and 2007. Proceeds used for originations and purchases of LHFS were $369.4 billion, $127.5 billion and $123.0 billion for 2009, 2008 and 2007.</font></p> </div> </bac:LoansHeldForInvestmentTextBlock> | |||||||||||||||||||||
| <bac:StockholdersEquityAndEarningsPerShareTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 15 – Shareholders’ Equity and Earnings Per Common Share</b></font></p> <p style="MARGIN-TOP: 11px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Common Stock</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">In January 2009, the Corporation issued 1.4 billion shares of common stock in connection with its acquisition of Merrill Lynch. For additional information regarding the Merrill Lynch acquisition, see <i>Note 2 – Merger and Restructuring Activity</i>. During 2009 and 2008, in connection with preferred stock issuances to the U.S. government under TARP, the Corporation issued warrants to purchase 121.8 million shares of common stock at an exercise price of $30.79 per share and 150.4 million shares of common stock at an exercise price of $13.30 per share. The U.S. Treasury recently announced its intention to auction, during March 2010, these warrants.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During the second quarter of 2009, the Corporation issued 1.25 billion shares of its common stock at an average price of $10.77 per share through an at-the-market issuance program resulting in gross proceeds of approximately $13.5 billion.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation may repurchase shares, subject to certain restrictions, from time to time, in the open market or in private transactions through the Corporation’s approved repurchase program. In 2009, the Corporation did not repurchase any shares of common stock and issued approximately 7.4 million shares under employee stock plans. At December 31, 2009, the Corporation had reserved 1.3 billion of unissued common shares for future issuances.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In October 2009, the Board declared a fourth quarter cash dividend of $0.01 per common share which was paid on December 24, 2009 to common shareholders of record on December 4, 2009. In July 2009, the Board declared a third quarter cash dividend of $0.01 per common share which was paid on September 25, 2009 to common shareholders of record on September 4, 2009. In April 2009, the Board declared a second quarter cash dividend of $0.01 per common share which was paid on June 26, 2009 to shareholders of record on June 5, 2009. In January 2009, the Board declared a first quarter cash dividend of $0.01 per common share which was paid on March 27, 2009 to shareholders of record on March 6, 2009.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, in January 2010, the Board declared a regular quarterly cash dividend on common stock of $0.01 per share, payable on March 26, 2010 to common shareholders of record on March 5, 2010.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Preferred Stock</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">During 2009, the Corporation entered into agreements with certain holders of non-government perpetual preferred stock to exchange their holdings of approximately $7.3 billion aggregate liquidation preference of perpetual preferred stock for approximately 545 million shares of common stock. In addition, the Corporation exchanged approximately $3.9 billion aggregate liquidation preference of non-government preferred stock for approximately 200 million shares of common stock in an exchange offer. In total, these exchanges resulted in the exchange of approximately $11.3 billion aggregate liquidation preference of preferred stock into approximately 745 million shares of common stock. The table below provides further detail on the non-convertible perpetual preferred stock exchanges.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="61%"></td> <td valign="bottom" width="5%"></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="2"></td> <td height="8" colspan="3"></td> <td height="8" colspan="2"></td> <td height="8" colspan="3"></td> </tr> <tr> <td valign="bottom"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions, actual shares)</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: ARIAL" size="1">Series</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Preferred<br /> Shares<br /> Exchanged</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Carrying<br /> Value <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Common<br /> Shares Issued</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Fair Value<br /> of Stock<br /> Issued</b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Negotiated Exchanges</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series K</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">173,298</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,332</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">328,193,964</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,635</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series M</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">102,643</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,566</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">192,970,068</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,178</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 4</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,024</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">211</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">11,642,232</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">131</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series D</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,566</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">164</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,104,798</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">114</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 7</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">33,404</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">33</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,069,047</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">23</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total Negotiated Exchanges</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">322,935</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,306</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">544,980,109</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6,081</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Exchange Offer</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series E</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">61,509</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,538</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">78,670,451</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,003</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 5</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">29,810</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">894</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">45,753,525</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">583</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 1</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,139</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">484</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,866,796</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">292</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 2</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,453</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">584</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">27,562,975</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">351</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 3</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,664</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">140</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,490,194</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">95</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series I</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,416</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">185</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">10,215,305</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">130</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series J</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,289</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">57</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,378,098</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">43</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series H</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,517</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">63</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,062,655</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">52</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total Exchange Offer</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">143,797</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,945</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">199,999,999</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,549</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Arial" size="1"><b>Total Preferred Exchanges</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>466,732</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>11,251</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>744,980,108</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>8,630</b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts shown are before third party issuance costs.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2009, in addition to the exchanges detailed in the table above, the Corporation exchanged 3.6 million shares, or $3.6 billion aggregate liquidation preference of Series L 7.25% Non-Cumulative Perpetual Convertible Preferred Stock into 255 million shares of common stock valued at $2.8 billion, which was accounted for as an induced conversion of preferred stock.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">As a result of the exchange, the Corporation recorded an increase to retained earnings and net income applicable to common shareholders of approximately $580 million. This represents the net of a $2.62 billion benefit due to the excess of the carrying value of the Corporation’s non-convertible preferred stock over the fair value of the common stock exchanged. This was partially offset by a $2.04 billion inducement representing the excess of the fair value of the common stock exchanged over the fair value of the common stock that would have been issued under the original conversion terms.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In connection with the Merrill Lynch acquisition, Merrill Lynch non-convertible preferred shareholders received Bank of America Corporation preferred stock having substantially identical terms. Merrill Lynch convertible preferred stock remains outstanding and is now convertible into Bank of America common stock at an exchange ratio equivalent to the exchange ratio for Merrill Lynch common stock in connection with the acquisition.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following table presents a summary of preferred stock previously issued by the Corporation and remaining outstanding (including the series of preferred stock issued and remaining outstanding in connection with the acquisition of Merrill Lynch), after consideration of the exchanges discussed on the previous page.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="1"><b>Preferred Stock Summary</b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="21%"></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="3%"></td> <td width="6%"></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td width="14%"></td> <td valign="bottom" width="2%"></td> <td width="12%"></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions, except as noted)</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: ARIAL" size="1"><b>Series</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1"><b>Description</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1"><b>Initial<br /> Issuance<br /> Date</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1"><b>Total<br /> Shares<br /> Outstanding</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1"><b>Liquidation<br /> Preference<br /> per Share<br /> (in dollars)</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1"><b>Carrying<br /> Value <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1"><b>Per Annum</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1"><b>Dividend Rate</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1"><b>Redemption Period</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series B <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7% Cumulative<br /> Redeemable</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">June</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">1997</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7,571</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">100</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.00%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series D <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 9)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.204% Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">September</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2006</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">26,434</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">661</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.204%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">On or after</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">September 14, 2011</font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series E <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 9)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Floating Rate<br /> Non-Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">November</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2006</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,491</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">487</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Annual rate equal to the greater of (a) 3-mo. LIBOR + 35 bps and (b) 4.00%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after November 15, 2011</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series H <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 9)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.20% Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">May</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2008</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">114,483</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,862</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.20%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">On or after</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">May 1, 2013</font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series I <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 9)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.625% Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">September</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2007</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,584</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">365</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.625%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">On or after</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">October 1, 2017</font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series J <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 9)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.25% Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">November</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2007</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">39,111</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">978</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.25%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after November 1, 2012</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series K <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3,10)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Fixed-to-Floating<br /> Rate Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">January</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2008</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">66,702</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,668</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.00% through 1/29/18; 3-mo. LIBOR + 363 bps thereafter</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after<br /> January 30, 2018</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series L</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.25% Non-<br /> Cumulative<br /> Perpetual<br /> Convertible</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">January</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2008</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,349,321</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,349</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7.25%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series M <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 10)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Fixed-to-Floating<br /> Rate Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">April</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2008</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">57,357</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">25,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,434</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.125% through 5/14/18; 3-mo. LIBOR + 364 bps thereafter</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after<br /> May 15, 2018</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series S</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Common<br /> Equivalent Stock</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">December 2009</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,286,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">15,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">19,290</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Same as dividend per common share</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">n/a</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 1 <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 4)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Floating Rate<br /> Non-Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2004</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,861</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">30,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">146</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo LIBOR + 75 bps <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after November 28, 2009</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 2 <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 4)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Floating Rate<br /> Non-Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">March</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2005</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17,547</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">30,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">526</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo LIBOR + 65 bps <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after November 28, 2009</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 3 <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 4)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.375% Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2005</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">22,336</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">30,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">670</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.375%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after November 28, 2010</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top" nowrap="nowrap"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 4 <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 4)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Floating Rate<br /> Non-Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">November 2005</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,976</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">30,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">389</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo LIBOR + 75 bps <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after November 28, 2010</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 5 <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 4)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Floating Rate<br /> Non-Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">March</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2007</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">20,190</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">30,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">606</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3-mo LIBOR + 50 bps <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">On or after</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">May 21, 2012</font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top" nowrap="nowrap"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 6 <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 7)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.70% Non-<br /> Cumulative<br /> Perpetual</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">September 2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">65,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">65</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.70%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On or after February 03, 2009</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 7 <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 7)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.25% Non-<br /> Cumulative<br /> Perpetual</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">September 2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">16,596</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">17</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">6.25%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">On or after</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">March 18, 2010</font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top" nowrap="nowrap"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Series 8 <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 4)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.625% Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">April</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2008</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">89,100</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">30,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,673</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8.625%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">On or after</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">May 28, 2013</font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top" nowrap="nowrap"> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.6em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 1.6em"> <font style="FONT-FAMILY: ARIAL" size="1">Series 2</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.6em; MARGIN-BOTTOM: 1px; MARGIN-LEFT: 1.6em"> <font style="FONT-FAMILY: ARIAL" size="1">(MC) <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 8)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9.00% Non-Voting<br /> Mandatory<br /> Convertible Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">July</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2008</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">12,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">100,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,200</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9.00%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On October 15, 2010</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.6em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 1.6em"> <font style="FONT-FAMILY: ARIAL" size="1">Series 3</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: ARIAL" size="1">(MC) <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3, 8)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9.00% Non-Voting<br /> Mandatory<br /> Convertible Non-<br /> Cumulative</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">July</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: ARIAL" size="1">2008</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">5,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">100,000</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">500</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">9.00%</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">On October 15, 2010</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>5,246,660</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>37,887</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Amounts shown are before third party issuance costs and other Merrill Lynch purchase accounting related adjustments of $679 million.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Series B Preferred Stock does not have early redemption/call rights.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation may redeem series of preferred stock on or after the redemption date, in whole or in part, at its option, at the liquidation preference plus declared and unpaid dividends.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Ownership is held in the form of depositary shares, each representing a 1/1200<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">th</sup> interest in a share of preferred stock, paying a quarterly cash dividend, if and when declared.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(5)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Subject to 3.00% minimum rate per annum.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(6)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Subject to 4.00% minimum rate per annum.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(7)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Ownership is held in the form of depositary shares, each representing a 1/40<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">th</sup> interest in a share of preferred stock, paying a quarterly cash dividend, if and when declared.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(8)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Represents shares outstanding of Merrill Lynch & Co., Inc. Each share of Mandatory Convertible Preferred Stock Series 2 and Series 3 will be converted on October 15, 2010 into a maximum of 2,605 and 3,820 shares of the Corporation’s common stock plus cash in lieu of fractional shares and are optionally convertible prior to that time into 2,227 and 3,265 shares.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(9)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Ownership is held in the form of depositary shares each representing a 1/1000<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">th</sup> interest in a share of preferred stock paying a quarterly cash dividend, if and when declared.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(10)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Ownership is held in the form of depositary shares each representing a 1/25<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">th</sup> interest in a share of preferred stock, paying a semi-annual cash dividend, if and when declared, until the redemption date adjusts to a quarterly cash dividend, if and when declared, thereafter.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 4px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">n/a = not applicable</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Series L Preferred Stock does not have early redemption/call rights. Each share of the Series L Preferred Stock may be converted at any time, at the option of the holder, into 20 shares of the Corporation’s common stock plus cash in lieu of fractional shares. On or after January 30, 2013, the Corporation may cause some or all of the Series L Preferred Stock, at its option, at any time or from time to time, to be converted into shares of common stock at the then-applicable conversion rate if, for 20 trading days during any period of 30 consecutive trading days, the closing price of common stock exceeds 130 percent of the then-applicable conversion price of the Series L Preferred Stock. If the Corporation exercises its rights to cause the automatic conversion of Series L Preferred Stock on January 30, 2013, it will still pay any accrued dividends payable on January 30, 2013 to the applicable holders of record.</font></p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Common Equivalent Junior Preferred Stock Series S (Common Equivalent Stock) does not have early redemption/call rights. Each share of the Common Equivalent Stock is automatically convertible into 1,000 shares of the Corporation’s common stock following effectiveness of an amendment to the Corporation’s certificate of incorporation to increase the amount of authorized common stock. Ownership of the Common Equivalent Stock is held in the form of depositary shares each representing a 1/1000<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">th</sup> interest in a share of preferred stock, paying cash dividends, on an as converted basis, with the Corporation’s common stock, if and when declared. In certain circumstances following the failure of the Corporation’s stockholders to approve the amendment to the certificate of incorporation, the Common Equivalent Stock will partially convert into common stock, the liquidation preference per share will be proportionally reduced, and the shares will be entitled to additional quarterly cash dividends, if and when declared.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">All series of preferred stock in the previous table have a par value of $0.01 per share. The shares of the series of preferred stock above are not subject to the operation of a sinking fund, and other than the right of the Series S Preferred Stock to participate in certain common dividends and liquidating distributions, have no participation rights. With the exception of the Series L Preferred Stock, Common Equivalent Stock, and Mandatory Convertible Preferred Stock Series 2 and 3, the shares of the series of preferred stock in the previous table are not convertible. The holders of the Series B Preferred Stock, Common Equivalent Stock and Series 1-8 Preferred Stock have general voting rights, and the holders of the other series included in the previous table have no general voting rights. All preferred stock of the Corporation outstanding has preference over the Corporation’s common stock with respect to the payment of dividends and distribution of the Corporation’s assets in the event of a liquidation or dissolution except the Series S, which ranks equally with the common stock in certain circumstances. If any dividend payable on these series is in arrears for three or more semi-annual or six or more quarterly dividend periods, as applicable (whether consecutive or not), the holders of these series and any other class or series of preferred stock ranking equally as to payment of dividends and upon which equivalent voting rights have been conferred and are exercisable (voting as a single class) will be entitled to vote for the election of two additional directors. These voting rights terminate when the Corporation has paid in full dividends on these series for at least two semi-annual or four quarterly dividend periods, as applicable, following the dividend arrearage.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In October 2008, in connection with TARP, the Corporation issued to the U.S. Treasury non-voting perpetual preferred stock and warrants for $15.0 billion. In addition, in January 2009, in connection with TARP and the Merrill Lynch acquisition, the Corporation issued additional preferred stock for $30.0 billion. On December 2, 2009, the Corporation received approval from the U.S. Treasury and Federal Reserve to repay the U.S. government’s $45.0 billion preferred stock investment provided under TARP. In accordance with the authorization, on December 9, 2009, the Corporation repurchased all outstanding shares of Fixed-Rate Cumulative Perpetual Preferred Stock Series N, Series Q and Series R preferred stock (collectively, TARP Preferred Stock) previously issued to the U.S. Treasury. The U.S. Treasury recently announced its intention to auction, during March 2010, the common stock warrants the Corporation issued in connection with the sale of the TARP Preferred Stock.</font></p> <p style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation repurchased the TARP Preferred Stock through use of $25.7 billion in excess liquidity and $19.2 billion in proceeds from the sale of 1.3 billion Common Equivalent Securities (CES) valued at $15.00 per unit. The Common Equivalent Securities consist of depositary shares representing interests in shares of Common Equivalent Stock, and warrants (Contingent Warrants) to purchase an aggregate of 60 million shares of the Corporation’s common stock. Each CES consisted of one depositary share representing a 1/1000<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">th</sup> interest in a share of Common Equivalent Stock and each Contingent Warrant granted the holder the right to purchase 0.0467 of a share of a common stock for $0.01 per share. Each depositary share entitled the holder, through the depository to a proportional fractional interest in all rights and preferences of the Common Equivalent Stock, including conversion, dividend, liquidation and voting rights.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation held a special meeting of stockholders on February 23, 2010 at which it obtained stockholder approval of an amendment to the amended and restated certificate of incorporation to increase the number of authorized shares of common stock, and accordingly the Common Equivalent Stock automatically converted in full into 1.286 billion shares of common stock on February 24, 2010 following the filing of the amendment with the Delaware Secretary of State on February 23, 2010. In addition, as a result, the Contingent Warrants expired without having become exercisable and the CES ceased to exist.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">During 2009, 2008 and 2007, the aggregate dividends declared on preferred stock were $4.5 billion, $1.3 billion and $182 million, respectively. This included $536 million in 2009 related to preferred stock issued or remaining outstanding as a part of the Merrill Lynch acquisition.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Accumulated OCI</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The following table presents the changes in accumulated OCI for 2009, 2008 and 2007, net-of-tax.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 7px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="40%"></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Available-for-<br /> Sale Debt<br /> Securities</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Available-for-<br /> Sale Marketable<br /> Equity Securities</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Derivatives</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Employee</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Benefit Plans <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Foreign</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px" align="right"> <font style="FONT-FAMILY: Arial" size="1"><b>Currency <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Total</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, December 31, 2008</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(5,956</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>3,935</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,458</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,642</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(704</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(10,825</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Cumulative adjustment for accounting change – OTTI <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(71</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(71</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net change in fair value recorded in accumulated OCI</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,364</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,651</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>197</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>318</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>211</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>9,741</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net realized (gains) losses reclassified into earnings</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(965</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,457</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>726</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>232</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,464</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, December 31, 2009</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(628</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2,129</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,535</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,092</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(493</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(5,619</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, December 31, 2007</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,880</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,416</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,402</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,301</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">296</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,129</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net change in fair value recorded in accumulated OCI <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4</sup><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,496</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,858</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">104</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,387</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,000</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(14,637</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net realized losses reclassified into earnings</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,420</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">377</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">840</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">46</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,683</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, December 31, 2008</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(5,956</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3,935</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,458</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,642</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(704</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(10,825</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, December 31, 2006</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,117</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">384</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(3,697</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,428</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">147</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(7,711</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net change in fair value recorded in accumulated OCI</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,100</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,316</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,252</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">142</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,310</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net realized losses reclassified into earnings</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">137</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(284</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">547</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">123</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">7</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">530</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Balance, December 31, 2007</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,880</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">8,416</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(4,402</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,301</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">296</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">1,129</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Net change in fair value represents after-tax adjustments based on the final year-end actuarial valuations.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Net change in fair value represents only the impact of changes in foreign exchange rates on the Corporation’s net investment in foreign operations.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(3)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Effective January 1, 2009, the Corporation adopted new accounting guidance on the recognition of other-than-temporary impairment losses on debt securities. For additional information on the adoption of this accounting guidance, see <i>Note 1 – Summary of Significant Accounting Principles</i> and <i>Note 5 – Securities</i>.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(4)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">For more information on employee benefit plans, see <i>Note 17 – Employee Benefit Plans</i>.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 10px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Earnings Per Common Share</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation adopted new accounting guidance on EPS which defines unvested share-based payment awards that contain nonforfeitable rights to dividends as participating securities that are included in computing EPS using the two-class method. Prior period EPS amounts have been reclassified to conform to current period presentation. See <i>Note 1 – Summary of Significant Accounting Principles</i> for additional information.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">For 2009, 2008 and 2007, average options to purchase 315 million, 181 million and 28 million shares, respectively, of common stock were outstanding but not included in the computation of earnings per common share because they were antidilutive under the treasury stock method. For 2009, 147 million average dilutive potential common shares associated with the convertible Series L Preferred Stock and Mandatory Convertible Preferred Stock Series 2 and Series 3 were excluded from the diluted share count because the result would have been antidilutive under the “if-converted” method. For 2009, 81 million average potential dilutive common shares associated with the Common Equivalent Securities were also excluded from the diluted share count because the result would have been antidilutive under the “if-converted” method. For 2009, average warrants to purchase 265 million shares of common stock were outstanding but not included in the computation of earnings per common share because they were antidilutive under the treasury stock method. For 2008, 128 million average dilutive potential common shares associated with the convertible Series L Preferred Stock issued in January 2008 were excluded from the diluted share count because the result would have been antidilutive under the “if-converted” method.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The calculation of earnings per common share and diluted earnings per common share for 2009, 2008 and 2007 is presented below.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 7px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="70%"></td> <td valign="bottom" width="7%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="6%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions, except per share information; shares in thousands)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2007</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Earnings (loss) per common share</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net income</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>6,276</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,008</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,982</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Preferred stock dividends</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(4,494</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(1,452</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(182</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Accelerated accretion from redemption of preferred stock issued to the U.S. Treasury</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(3,986</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">–</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net income (loss) applicable to common shareholders</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,204</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,556</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,800</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Income (loss) allocated to participating securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(69</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(108</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net income (loss) allocated to common shareholders</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,210</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,487</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,692</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Average common shares issued and outstanding</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,728,570</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,592,085</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,423,579</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Earnings (loss) per common share</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(0.29</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.54</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.32</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td height="12"></td> <td height="12" colspan="4"></td> <td height="12" colspan="4"></td> <td height="12" colspan="4"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Diluted earnings (loss) per common share</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Net income (loss) applicable to common shareholders<sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,204</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,556</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,800</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Income (loss) allocated to participating securities</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(6</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(69</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">(108</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1">) </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Net income (loss) allocated to common shareholders</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(2,210</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">2,487</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">14,692</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Average common shares issued and outstanding</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,728,570</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,592,085</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,423,579</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 1.6em"><font style="FONT-FAMILY: ARIAL" size="1">Dilutive potential common shares <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>–</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,343</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">39,634</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Total diluted average common shares issued and outstanding</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>7,728,570</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,596,428</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">4,463,213</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Diluted earnings (loss) per common share</b></font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>(0.29</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Arial" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">0.54</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">3.29</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">For 2009, the Corporation recorded an increase to retained earnings and net income applicable to common shareholders of approximately $580 million related to the Corporation’s preferred stock exchange for common stock.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Includes incremental shares from restricted stock units, restricted stock shares, stock options and warrants. Due to a net loss applicable to common shareholders for 2009, no dilutive potential common shares were included in the calculations of diluted EPS because they were antidilutive.</font></p> </td> </tr> </table> </div> </bac:StockholdersEquityAndEarningsPerShareTextBlock> | |||||||||||||||||||||
| <bac:OtherStockIssuedDuringPeriodValue contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0" unitRef="iso4217_USD" decimals="-6"> 19244000000 </bac:OtherStockIssuedDuringPeriodValue> | |||||||||||||||||||||
| <bac:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 1 – Summary of Significant Accounting Principles</b></font></p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Bank of America Corporation (the Corporation), through its banking and nonbanking subsidiaries, provides a diverse range of financial services and products throughout the U.S. and in certain international markets. At December 31, 2009, the Corporation operated its banking activities primarily under two charters: Bank of America, National Association (Bank of America, N.A.) and FIA Card Services, N.A. In connection with certain acquisitions including Merrill Lynch & Co. Inc. (Merrill Lynch) and Countrywide Financial Corporation (Countrywide), the Corporation acquired banking subsidiaries that have been merged into Bank of America, N.A. with no impact on the Consolidated Financial Statements of the Corporation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation acquired Merrill Lynch through its merger with a subsidiary of the Corporation in exchange for common and preferred stock with a value of $29.1 billion. On July 1, 2008, the Corporation acquired all of the outstanding shares of Countrywide through its merger with a subsidiary of the Corporation in exchange for common stock with a value of $4.2 billion. On October 1, 2007, the Corporation acquired all the outstanding shares of ABN AMRO North America Holding Company, parent of LaSalle Bank Corporation (LaSalle), for $21.0 billion in cash. On July 1, 2007, the Corporation acquired all the outstanding shares of U.S. Trust Corporation for $3.3 billion in cash.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The results of operations of the acquired companies were included in the Corporation’s results from their dates of acquisition.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Principles of Consolidation and Basis of Presentation</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Consolidated Financial Statements include the accounts of the Corporation and its majority-owned subsidiaries, and those variable interest entities (VIEs) where the Corporation is the primary beneficiary. Intercompany accounts and transactions have been eliminated. Results of operations of acquired companies are included from the dates of acquisition and for VIEs, from the dates that the Corporation became the primary beneficiary. Assets held in an agency or fiduciary capacity are not included in the Consolidated Financial Statements. The Corporation accounts for investments in companies for which it owns a voting interest of 20 percent to 50 percent and for which it has the ability to exercise significant influence over operating and financing decisions using the equity method of accounting. These investments are included in other assets and are subject to impairment testing. The Corporation’s proportionate share of income or loss is included in equity investment income.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The preparation of the Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect reported amounts and disclosures. Realized results could differ from those estimates and assumptions.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation evaluates subsequent events through the date of filing with the Securities and Exchange Commission (SEC). Certain prior period amounts have been reclassified to conform to current period presentation.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>New Accounting Pronouncements</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">On July 1, 2009, the Corporation adopted new guidance that established the Financial Accounting Standards Board (FASB) Accounting Standards Codification (Codification) as the single source of authoritative GAAP. The Codification establishes a common referencing system for accounting standards and is generally organized by subject matter. Use of the Codification has no impact on the Corporation’s financial condition or results of operations. In connection with the use of the Codification, this Form 10-K no longer makes reference to specific accounting standards by number or title.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In June 2009, the FASB issued new accounting guidance on transfers of financial assets and consolidation of VIEs. This new accounting guidance, which was effective on January 1, 2010, revises existing sale accounting criteria for transfers of financial assets and significantly changes the criteria by which an enterprise determines whether it must consolidate a VIE. The adoption of this new accounting guidance on January 1, 2010 resulted in the consolidation of certain qualifying special purpose entities (QSPEs) and VIEs that were not recorded on the Corporation’s Consolidated Balance Sheet prior to that date. The adoption of this new accounting guidance resulted in a net incremental increase in assets, on a preliminary basis, of approximately $100 billion, including $70 billion resulting from consolidation of credit card trusts and $30 billion from consolidation of other special purpose entities (SPEs) including multi-seller conduits. These amounts are net of retained interests in securitizations held on the Consolidated Balance Sheet and an $11 billion increase in the allowance for loan losses, the majority of which relates to credit card receivables. This increase in the allowance for loan losses was recorded on January 1, 2010 as a charge net-of-tax to retained earnings for the cumulative effect of the adoption of this new accounting guidance. Initial recording of these assets and related allowance on the Corporation’s Consolidated Balance Sheet had no impact on results of operations.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation elected to early adopt new FASB guidance for determining whether a market is inactive and a transaction is distressed in order to apply the existing fair value measurements guidance. In addition, this new guidance requires enhanced disclosures regarding financial assets and liabilities that are recorded at fair value. The adoption of this new guidance did not have a material impact on the Corporation’s financial condition or results of operations. The enhanced disclosures required under this new guidance are included in <i>Note 20 – Fair Value Measurements</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation elected to early adopt new FASB guidance on recognition and presentation of other-than-temporary impairment of debt securities that requires an entity to recognize the credit component of other-than-temporary impairment of a debt security in earnings and the noncredit component in other comprehensive income (OCI) when the entity does not intend to sell the security and it is more-likely-than-not that the entity will not be required to sell the security prior to recovery. This new guidance also requires expanded disclosures. In connection with the adoption of this new guidance, the Corporation recorded a cumulative-effect adjustment to reclassify $71 million, net-of-tax, from retained earnings to accumulated OCI as of January 1, 2009. This new guidance does not change the recognition of other-than- temporary impairment for equity securities. The expanded disclosures required by this new guidance are included in <i>Note 5 – Securities</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation adopted new FASB guidance that modifies the accounting for business combinations and requires, with limited exceptions, the acquirer in a business combination to recognize 100 percent of the assets acquired, liabilities assumed and any noncontrolling interest in the acquired company at the acquisition-date fair value. In addition, the guidance requires that acquisition-related transaction and restructuring costs be charged to expense as incurred, and requires that certain contingent assets acquired and liabilities assumed, as well as contingent consideration, be recognized at fair value. This new guidance also modifies the accounting for certain acquired income tax assets and liabilities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Further, the new FASB guidance requires that assets acquired and liabilities assumed in a business combination that arise from contingencies be recognized at fair value on the acquisition date if fair value can be determined during the measurement period. If fair value cannot be determined, companies should typically account for the acquired contingencies under existing accounting guidance. This new guidance is effective for acquisitions consummated on or after January 1, 2009. The Corporation applied this new guidance to its January 1, 2009 acquisition of Merrill Lynch.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation adopted new FASB guidance that defines unvested share-based payment awards that contain nonforfeitable rights to dividends as participating securities that should be included in computing earnings per share (EPS) using the two-class method. Additionally, all prior-period EPS data was adjusted retrospectively. The adoption did not have a material impact on the Corporation’s financial condition or results of operations.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation adopted new FASB guidance that requires expanded qualitative, quantitative and credit-risk disclosures about derivatives and hedging activities and their effects on the Corporation’s financial position, financial performance and cash flows. The adoption of this new guidance did not impact the Corporation’s financial condition or results of operations. The expanded disclosures are included in <i>Note 4 – Derivatives</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation adopted new FASB guidance requiring all entities to report noncontrolling interests in subsidiaries as equity in the Consolidated Financial Statements and to account for transactions between an entity and noncontrolling owners as equity transactions if the parent retains its controlling financial interest in the subsidiary. This new guidance also requires expanded disclosure that distinguishes between the interests of the controlling owners and the interests of the noncontrolling owners of a subsidiary. Consolidated subsidiaries in which there are noncontrolling owners are insignificant to the Corporation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">For 2009, the Corporation adopted new accounting guidance that requires disclosures on plan assets for defined pension and other postretirement plans, including how investment decisions are made, the major categories of plan assets, the inputs and valuation techniques used to measure the fair value of plan assets, the effect of Level 3 measurements on changes in plan assets and concentrations of risk within plan assets. The expanded disclosures are included in <i>Note 17 – Employee Benefit Plans</i>.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Cash and Cash Equivalents</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Cash and cash equivalents include cash on hand, cash items in the process of collection, and amounts due from correspondent banks and the Federal Reserve Bank.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Securities Financing Agreements</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Securities borrowed or purchased under agreements to resell and securities loaned or sold under agreements to repurchase (securities financing agreements) are treated as collateralized financing transactions. These agreements are recorded at the amounts at which the securities were acquired or sold plus accrued interest, except for certain securities financing agreements which the Corporation accounts for under the fair value option. Changes in the value of securities financing agreements that are accounted for under the fair value option are recorded in other income. For more information on securities financing agreements which the Corporation accounts for under the fair value option, see <i>Note 20 – Fair Value Measurements</i>. The Corporation’s policy is to obtain possession of collateral with a market value equal to or in excess of the principal amount loaned under resale agreements. To ensure that the market value of the underlying collateral remains sufficient, collateral is generally valued daily and the Corporation may require counterparties to deposit additional collateral or may return collateral pledged when appropriate.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Substantially all securities financing agreements are transacted under master repurchase agreements which give the Corporation, in the event of default, the right to liquidate securities held and to offset receivables and payables with the same counterparty. The Corporation offsets securities financing agreements with the same counterparty on the Consolidated Balance Sheet where it has such a master agreement. In transactions where the Corporation acts as the lender in a securities lending agreement and receives securities that can be pledged or sold as collateral, it recognizes an asset on the Consolidated Balance Sheet at fair value, representing the securities received, and a liability for the same amount, representing the obligation to return those securities.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Collateral</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation accepts collateral that it is permitted by contract or custom to sell or repledge. At December 31, 2009, the fair value of this collateral was $156.9 billion of which $126.4 billion was sold or repledged. At December 31, 2008, the fair value of this collateral was $144.5 billion of which $117.6 billion was sold or repledged. The primary source of this collateral is repurchase agreements. The Corporation also pledges securities and loans as collateral in transactions that include repurchase agreements, public and trust deposits, U.S. Department of the Treasury (U.S. Treasury) tax and loan notes, and other short-term borrowings. This collateral can be sold or repledged by the counterparties to the transactions.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, the Corporation obtains collateral in connection with its derivative contracts. Required collateral levels vary depending on the credit risk rating and the type of counterparty. Generally, the Corporation accepts collateral in the form of cash, U.S. Treasury securities and other marketable securities. Based on provisions contained in legal netting agreements, the Corporation nets cash collateral against the applicable derivative fair value. The Corporation also pledges collateral on its own derivative positions which can be applied against derivative liabilities.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Trading Instruments</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Financial instruments utilized in trading activities are carried at fair value. Fair value is generally based on quoted market prices or quoted market prices for similar assets and liabilities. If these market prices are not available, fair values are estimated based on dealer quotes, pricing models, discounted cash flow methodologies, or similar techniques where the determination of fair value may require significant management judgment or estimation. Realized and unrealized gains and losses are recognized in trading account profits (losses).</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Derivatives and Hedging Activities</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Derivatives are held on behalf of customers, for trading, as economic hedges, or as qualifying accounting hedges, with the determination made when the Corporation enters into the derivative contract. The designation may change based upon management’s reassessment or changing circumstances. Derivatives utilized by the Corporation include swaps, financial futures and forward settlement contracts, and option contracts. A swap agreement is a contract between two parties to exchange cash flows based on specified underlying notional amounts, assets and/or indices. Financial futures and forward settlement contracts are agreements to buy or sell a quantity of a financial instrument, index, currency or commodity at a predetermined future date, and rate or price. An option contract is an agreement that conveys to the purchaser the right, but not the obligation, to buy or sell a quantity of a financial instrument (including another derivative financial instrument), index, currency or commodity at a predetermined rate or price during a period or at a date in the future. Option agreements can be transacted on organized exchanges or directly between parties.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">All derivatives are recorded on the Consolidated Balance Sheet at fair value, taking into consideration the effects of legally enforceable master netting agreements that allow the Corporation to settle positive and negative positions and offset cash collateral held with the same counterparty on a net basis. For exchange-traded contracts, fair value is based on quoted market prices. For non-exchange traded contracts, fair value is based on dealer quotes, pricing models, discounted cash flow methodologies, or similar techniques for which the determination of fair value may require significant management judgment or estimation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Valuations of derivative assets and liabilities reflect the value of the instrument including counterparty credit risk. These values also take into account the Corporation’s own credit standing, thus including in the valuation of the derivative instrument the value of the net credit differential between the counterparties to the derivative contract.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Trading Derivatives and Economic Hedges</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Derivatives held for trading purposes are included in derivative assets or derivative liabilities with changes in fair value included in trading account profits (losses).</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Derivatives used as economic hedges are also included in derivative assets or derivative liabilities. Changes in the fair value of derivatives that serve as economic hedges of mortgage servicing rights (MSRs), interest rate lock commitments (IRLCs) and first mortgage loans held-for-sale (LHFS) that are originated by the Corporation are recorded in mortgage banking income. Changes in the fair value of derivatives that serve as asset and liability management (ALM) economic hedges that do not qualify or were not designated as accounting hedges are recorded in other income (loss). Credit derivatives used by the Corporation as economic hedges do not qualify as accounting hedges despite being effective economic hedges, and changes in the fair value of these derivatives are included in other income (loss).</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Derivatives Used For Hedge Accounting Purposes (Accounting Hedges)</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">For accounting hedges, the Corporation formally documents at inception all relationships between hedging instruments and hedged items, as well as the risk management objectives and strategies for undertaking various accounting hedges. Additionally, the Corporation uses dollar offset or regression analysis at the inception of a hedge and for each reporting period thereafter to assess whether the derivative used in its hedging transaction is expected to be and has been highly effective in offsetting changes in the fair value or cash flows of a hedged item. The Corporation discontinues hedge accounting when it is determined that a derivative is not expected to be or has ceased to be highly effective as a hedge, and then reflects changes in fair value of the derivative in earnings after termination of the hedge relationship.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation uses its accounting hedges as either fair value hedges, cash flow hedges or hedges of net investments in foreign operations. The Corporation manages interest rate and foreign currency exchange rate sensitivity predominantly through the use of derivatives. Fair value hedges are used to protect against changes in the fair value of the Corporation’s assets and liabilities that are due to interest rate or foreign exchange volatility. Cash flow hedges are used primarily to minimize the variability in cash flows of assets or liabilities, or forecasted transactions caused by interest rate or foreign exchange fluctuations. For terminated cash flow hedges, the maximum length of time over which forecasted transactions are hedged is 26 years, with a substantial portion of the hedged transactions being less than 10 years. For open or future cash flow hedges, the maximum length of time over which forecasted transactions are or will be hedged is less than seven years.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Changes in the fair value of derivatives designated as fair value hedges are recorded in earnings, together and in the same income statement line item with changes in the fair value of the related hedged item. Changes in the fair value of derivatives designated as cash flow hedges are recorded in accumulated OCI and are reclassified into the line item in the income statement in which the hedged item is recorded and in the same period the hedged item affects earnings. Hedge ineffectiveness and gains and losses on the excluded component of a derivative in assessing hedge effectiveness are recorded in earnings in the same income statement line item. The Corporation records changes in the fair value of derivatives used as hedges of the net investment in foreign operations, to the extent effective, as a component of accumulated OCI.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">If a derivative instrument in a fair value hedge is terminated or the hedge designation removed, the previous adjustments to the carrying amount of the hedged asset or liability are subsequently accounted for in the same manner as other components of the carrying amount of that asset or liability. For interest-earning assets and interest-bearing liabilities, such adjustments are amortized to earnings over the remaining life of the respective asset or liability. If a derivative instrument in a cash flow hedge is terminated or the hedge designation is removed, related amounts in accumulated OCI are reclassified into earnings in the same period or periods during which the hedged forecasted transaction affects earnings. If it is probable that a forecasted transaction will not occur, any related amounts in accumulated OCI are reclassified into earnings in that period.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Interest Rate Lock Commitments</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation enters into IRLCs in connection with its mortgage banking activities to fund residential mortgage loans at specified times in the future. IRLCs that relate to the origination of mortgage loans that will be held for sale are considered derivative instruments under applicable accounting guidance. As such, these IRLCs are recorded at fair value with changes in fair value recorded in mortgage banking income.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Effective January 1, 2008, the Corporation adopted new accounting guidance that requires that the expected net future cash flows related to servicing of a loan be included in the measurement of all written loan commitments accounted for at fair value through earnings. In estimating the fair value of an IRLC, the Corporation assigns a probability to the loan commitment based on an expectation that it will be exercised and the loan will be funded. The fair value of the commitments is derived from the fair value of related mortgage loans which is based on observable market data. Changes to the fair value of IRLCs are recognized based on interest rate changes, changes in the probability that the commitment will be exercised and the passage of time. Changes from the expected future cash flows related to the customer relationship are excluded from the valuation of IRLCs. Prior to January 1, 2008, the Corporation did not record any unrealized gain or loss at the inception of a loan commitment, which is the time the commitment is issued to the borrower, as applicable accounting guidance at that time did not allow expected net future cash flows related to servicing of a loan to be included in the measurement of written loan commitments that are accounted for at fair value through earnings.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Outstanding IRLCs expose the Corporation to the risk that the price of the loans underlying the commitments might decline from inception of the rate lock to funding of the loan. To protect against this risk, the Corporation utilizes forward loan sales commitments and other derivative instruments, including interest rate swaps and options, to economically hedge the risk of potential changes in the value of the loans that would result from the commitments. The changes in the fair value of these derivatives are recorded in mortgage banking income.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Securities</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Debt securities are classified based on management’s intention on the date of purchase and recorded on the Consolidated Balance Sheet as debt securities as of the trade date. Debt securities which management has the intent and ability to hold to maturity are classified as held-to-maturity (HTM) and reported at amortized cost. Debt securities that are bought and held principally for the purpose of resale in the near term are classified as trading and are carried at fair value with unrealized gains and losses included in trading account profits (losses). Other debt securities are classified as available-for-sale (AFS) and carried at fair value with net unrealized gains and losses included in accumulated OCI on an after-tax basis.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation regularly evaluates each AFS and HTM debt security whose value has declined below amortized cost to assess whether the decline in fair value is other-than-temporary. In determining whether an impairment is other-than-temporary, the Corporation considers the severity and duration of the decline in fair value, the length of time expected for recovery, the financial condition of the issuer, and other qualitative factors, as well as whether the Corporation either plans to sell the security or it is more-likely-than-not that it will be required to sell the security before recovery of its amortized cost. Beginning in 2009, under new accounting guidance for impairments of debt securities that are deemed to be other-than-temporary, the credit component of an other-than-temporary impairment loss is recognized in earnings and the non-credit component is recognized in accumulated OCI in situations where the Corporation does not intend to sell the security and it is more- likely-than-not that the Corporation will not be required to sell the security prior to recovery. Prior to January 1, 2009, unrealized losses (both the credit and non-credit components) on AFS debt securities that were deemed to be other-than-temporary were included in current period earnings. If there is an other-than-temporary impairment in the fair value of any individual security classified as HTM, the Corporation writes down the security to fair value with a corresponding charge to other income.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Interest on debt securities, including amortization of premiums and accretion of discounts, is included in interest income. Realized gains and losses from the sales of debt securities, which are included in gains (losses) on sales of debt securities, are determined using the specific identification method.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Marketable equity securities are classified based on management’s intention on the date of purchase and recorded on the Consolidated Balance Sheet as of the trade date. Marketable equity securities that are bought and held principally for the purpose of resale in the near term are classified as trading and are carried at fair value with unrealized gains and losses included in trading account profits (losses). Other marketable equity securities are accounted for as AFS and classified in other assets. All AFS marketable equity securities are carried at fair value with net unrealized gains and losses included in accumulated OCI on an after-tax basis. If there is an other-than-temporary decline in the fair value of any individual AFS marketable equity security, the Corporation reclassifies the associated net unrealized loss out of accumulated OCI with a corresponding charge to equity investment income. Dividend income on all AFS marketable equity securities is included in equity investment income. Realized gains and losses on the sale of all AFS marketable equity securities, which are recorded in equity investment income, are determined using the specific identification method.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Equity investments without readily determinable fair values are recorded in other assets. Impairment testing is based on applicable accounting guidance and the cost basis is reduced when an impairment is deemed to be other-than-temporary.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Certain equity investments held by Global Principal Investments, the Corporation’s diversified equity investor in private equity, real estate and other alternative investments, are subject to investment company accounting under applicable accounting guidance, and accordingly, are carried at fair value with changes in fair value reported in equity investment income. These investments are included in other assets. Initially, the transaction price of the investment is generally considered to be the best indicator of fair value. Thereafter, valuation of direct investments is based on an assessment of each individual investment using methodologies that include publicly traded comparables derived by multiplying a key performance metric (e.g., earnings before interest, taxes, depreciation and amortization) of the portfolio company by the relevant valuation multiple observed for comparable companies, acquisition comparables, entry level multiples and discounted cash flows, and are subject to appropriate discounts for lack of liquidity or marketability. Certain factors that may influence changes in fair value include but are not limited to, recapitalizations, subsequent rounds of financing and offerings in the equity or debt capital markets. For fund investments, the Corporation generally records the fair value of its proportionate interest in the fund’s capital as reported by the fund’s respective managers.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Other investments held by Global Principal Investments are accounted for under either the equity method or at cost, depending on the Corporation’s ownership interest, and are reported in other assets.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Loans and Leases</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Loans measured at historical cost are reported at their outstanding principal balances net of any unearned income, charge-offs, unamortized deferred fees and costs on originated loans, and for purchased loans, net of any premiums or discounts. Loan origination fees and certain direct origination costs are deferred and recognized as adjustments to income over the lives of the related loans. Unearned income, discounts and premiums are amortized to interest income using a level yield methodology. The Corporation elects to account for certain loans under the fair value option. Fair values for these loans are based on market prices, where available, or discounted cash flow analyses using market-based credit spreads of comparable debt instruments or credit derivatives of the specific borrower or comparable borrowers. Results of discounted cash flow analyses may be adjusted, as appropriate, to reflect other market conditions or the perceived credit risk of the borrower.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Purchased Impaired Loans</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation purchases loans with and without evidence of credit quality deterioration since origination. Evidence of credit quality deterioration as of the purchase date may include statistics such as past due status, refreshed borrower credit scores and refreshed loan-to-value (LTV) ratios, some of which are not immediately available as of the purchase date. The Corporation continues to evaluate this information and other credit-related information as it becomes available. Interest income on purchased non-impaired loans is recognized using a level yield methodology based on the contractually required payments receivable. For purchased impaired loans, applicable accounting guidance addresses the accounting for differences between contractual cash flows and expected cash flows from the Corporation’s initial investment in loans if those differences are attributable, at least in part, to credit quality. The excess of the cash flows expected to be collected measured as of the acquisition date over the estimated fair value is referred to as the accretable yield and is recognized in interest income over the remaining life of the loan using a level yield methodology. The difference between contractually required payments as of acquisition date and the cash flows expected to be collected is referred to as the nonaccretable difference.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The initial fair values for purchased impaired loans are determined by discounting both principal and interest cash flows expected to be collected using an observable discount rate for similar instruments with adjustments that management believes a market participant would consider in determining fair value. The Corporation estimates the cash flows expected to be collected upon acquisition using internal credit risk, interest rate and prepayment risk models that incorporate management’s best estimate of current key assumptions such as default rates, loss severity and payment speeds.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Subsequent decreases to expected principal cash flows result in a charge to provision for credit losses and a corresponding increase to a valuation allowance included in the allowance for loan and lease losses. Subsequent increases in expected principal cash flows result in a recovery of any previously recorded allowance for loan and lease losses, to the extent applicable, and a reclassification from nonaccretable difference to accretable yield for any remaining increase. Changes in expected interest cash flows may result in reclassifications to/from the nonaccretable difference. Loan disposals, which may include sales of loans, receipt of payments in full from the borrower, foreclosure or troubled debt restructuring (TDR), result in removal of the loan from the purchased impaired loan pool at its allocated carrying amount.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Leases</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation provides equipment financing to its customers through a variety of lease arrangements. Direct financing leases are carried at the aggregate of lease payments receivable plus estimated residual value of the leased property less unearned income. Leveraged leases, which are a form of financing leases, are carried net of nonrecourse debt. Unearned income on leveraged and direct financing leases is accreted to interest income over the lease terms using methods that approximate the interest method.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Allowance for Credit Losses</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The allowance for credit losses, which includes the allowance for loan and lease losses and the reserve for unfunded lending commitments, represents management’s estimate of probable losses inherent in the Corporation’s lending activities. The allowance for loan and lease losses and the reserve for unfunded lending commitments exclude amounts for loans and unfunded lending commitments accounted for under the fair value option as the fair values of these instruments already reflect a credit component. The allowance for loan and lease losses represents the estimated probable credit losses in funded consumer and commercial loans and leases while the reserve for unfunded lending commitments, including standby letters of credit (SBLCs) and binding unfunded loan commitments, represents estimated probable credit losses on these unfunded credit instruments based on utilization assumptions. Credit exposures deemed to be uncollectible, excluding derivative assets, trad ing account assets and loans carried at fair value, are charged against these accounts. Cash recovered on previously charged off amounts is recorded as a recovery to these accounts.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation performs periodic and systematic detailed reviews of its lending portfolios to identify credit risks and to assess the overall collectability of those portfolios. The allowance on certain homogeneous loan portfolios, which generally consist of consumer loans (e.g., consumer real estate and credit card loans) and certain commercial loans (e.g., business card and small business portfolios), is based on aggregated portfolio segment evaluations generally by product type. Loss forecast models are utilized for these portfolios which consider a variety of factors including, but not limited to, historical loss experience, estimated defaults or foreclosures based on portfolio trends, delinquencies, economic conditions and credit scores. These models are updated on a quarterly basis to incorporate information reflecting the current economic environment. The loss forecasts also incorporate the estimated increased volume and impact of consumer real estate loan modification programs, including losses associated with estimated re-default after modification.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The remaining commercial portfolios are reviewed on an individual loan basis. Loans subject to individual reviews are analyzed and segregated by risk according to the Corporation’s internal risk rating scale. These risk classifications, in conjunction with an analysis of historical loss experience, current economic conditions, industry performance trends, geographic or obligor concentrations within each portfolio segment, and any other pertinent information (including individual valuations on nonperforming loans) result in the estimation of the allowance for credit losses. The historical loss experience is updated quarterly to incorporate the most recent data reflecting the current economic environment.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">If necessary, a specific allowance is established for individual impaired loans. A loan is considered impaired when, based on current information and events, it is probable that the Corporation will be unable to collect all amounts due, including principal and interest, according to the contractual terms of the agreement, and once a loan has been identified as individually impaired, management measures impairment. Individually impaired loans are measured based on the present value of payments expected to be received, observable market prices, or for loans that are solely dependent on the collateral for repayment, the estimated fair value of the collateral less estimated costs to sell. If the recorded investment in impaired loans exceeds this amount, a specific allowance is established as a component of the allowance for loan and lease losses.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Purchased impaired loans are recorded at fair value and applicable accounting guidance prohibits the carrying over or creation of valuation allowances in the initial accounting for impaired loans acquired in a transfer. This applies to the purchase of an individual loan, a pool of loans and portfolios of loans acquired in a purchase business combination. Subsequent to acquisition, decreases in expected principal cash flows of purchased impaired loans are recorded as a valuation allowance included in the allowance for loan and lease losses. Subsequent increases in expected principal cash flows result in a recovery of any previously recorded allowance for loan and lease losses, to the extent applicable. Write-downs on purchased impaired loans in excess of the nonaccretable difference are charged against the allowance for loan and lease losses. For more information on the purchased impaired portfolios associated with acquisitions, see <i>Note 6 – Outstanding Loans and Leases</i>.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The allowance for loan and lease losses includes two components that are allocated to cover the estimated probable losses in each loan and lease category based on the results of the Corporation’s detailed review process described above. The first component covers those commercial loans that are either nonperforming or impaired and consumer real estate loans that have been modified as TDRs. These loans are subject to impairment measurement at the loan level based on the present value of expected future cash flows discounted at the loan’s contractual effective interest rate. Where the present value is less than the recorded investment in the loan, impairment is recognized through the provision for credit losses with a corresponding increase in the allowance for loan and lease losses. The second component covers consumer loans and performing commercial loans and leases. Included within this second component of the allowance for loan and lease losses and determined separately from the procedures outlined above are reserves which are maintained to cover uncertainties that affect the Corporation’s estimate of probable losses including domestic and global economic uncertainty and large single name defaults. Management evaluates the adequacy of the allowance for loan and lease losses based on the combined total of these two components.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition to the allowance for loan and lease losses, the Corporation also estimates probable losses related to unfunded lending commitments, such as letters of credit and financial guarantees, and binding unfunded loan commitments. The reserve for unfunded lending commitments excludes commitments accounted for under the fair value option. Unfunded lending commitments are subject to individual reviews and are analyzed and segregated by risk according to the Corporation’s internal risk rating scale. These risk classifications, in conjunction with an analysis of historical loss experience, utilization assumptions, current economic conditions, performance trends within specific portfolio segments and any other pertinent information, result in the estimation of the reserve for unfunded lending commitments.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The allowance for credit losses related to the loan and lease portfolio is reported separately on the Consolidated Balance Sheet whereas the reserve for unfunded lending commitments is reported on the Consolidated Balance Sheet in accrued expenses and other liabilities. Provision for credit losses related to the loan and lease portfolio and unfunded lending commitments is reported in the Consolidated Statement of Income.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Nonperforming Loans and Leases, Charge-offs and Delinquencies</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Nonperforming loans and leases generally include loans and leases that have been placed on nonaccrual status including nonaccruing loans whose contractual terms have been restructured in a manner that grants a concession to a borrower experiencing financial difficulties. Loans accounted for under the fair value option, purchased impaired loans and LHFS are not reported as nonperforming loans and leases.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In accordance with the Corporation’s policies, non-bankrupt credit card loans and unsecured consumer loans are charged off no later than the end of the month in which the account becomes 180 days past due. The outstanding balance of real estate-secured loans that is in excess of the estimated property value, less cost to sell, is charged off no later than the end of the month in which the account becomes 180 days past due unless repayment of the loan is guaranteed by the Federal Housing Administration (FHA). Personal property-secured loans are charged off no later than the end of the month in which the account becomes 120 days past due. Accounts in bankruptcy are charged off for credit card and certain unsecured accounts 60 days after bankruptcy notification. For secured products, accounts in bankruptcy are written down to the collateral value, less cost to sell, by the end of the month in which the account becomes 60 days past due. Consumer credit card loans, consumer loans secured by personal property and unsecured consumer loans are not placed on nonaccrual status prior to charge-off and therefore are not reported as nonperforming loans. Real estate-secured loans are generally placed on nonaccrual status and classified as non performing at 90 days past due. However, consumer loans secured by real estate where repayments are guaranteed by the FHA are not placed on nonaccrual status, and therefore, are not reported as nonperforming loans. Interest accrued but not collected is reversed when a consumer loan is placed on nonaccrual status. Interest collections on nonaccruing consumer loans for which the ultimate collectability of principal is uncertain are applied as principal reductions; otherwise, such collections are credited to interest income when received. These loans may be restored to accrual status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection. Consumer loans whose contractual terms have been modified in a TDR and are current at the time of restructuring remain on accrual status if there is demonstrated performance prior to the restructuring and payment in full under the restructured terms is expected. Otherwise, the loans are placed on nonaccrual status and reported as nonperforming until there is sustained repayment performance for a reasonable period, generally six months. Consumer TDRs that are on accrual status are reported as performing TDRs through the end of the calendar year in which the restructuring occurred or the year in which the loans are returned to accrual status. In addition, if accruing consumer TDRs bear less than a market rate of interest at the time of modification, they are reported as performing TDRs throughout the remaining lives of the loans.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Commercial loans and leases, excluding business card loans, that are past due 90 days or more as to principal or interest, or where reasonable doubt exists as to timely collection, including loans that are individually identified as being impaired, are generally placed on nonaccrual status and classified as nonperforming unless well-secured and in the process of collection. Commercial loans and leases whose contractual terms have been modified in a TDR are placed on nonaccrual status and reported as nonperforming until the loans have performed for an adequate period of time under the restructured agreement. Accruing commercial TDRs are reported as performing TDRs through the end of the calendar year in which the loans are returned to accrual status. In addition, if accruing commercial TDRs bear less than a market rate of interest at the time of modification, they are reported as performing TDRs throughout the remaining lives of the loans. Interest accrued but not collected is reversed when a commercial loan is placed on nonaccrual status. Interest collections on nonaccruing commercial loans and leases for which the ultimate collectability of principal is uncertain are applied as principal reductions; otherwise, such collections are credited to income when received. Commercial loans and leases may be restored to accrual status when all principal and interest is current and full repayment of the remaining contractual principal and interest is expected, or when the loan otherwise becomes well-secured and is in the process of collection. Business card loans are charged off no later than the end of the month in which the account becomes 180 days past due or where 60 days have elapsed since receipt of notification of bankruptcy filing, whichever comes first. These loans are not placed on nonaccrual status prior to charge-off and therefore are not reported as nonperforming loans.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The entire balance of a consumer and commercial loan is contractually delinquent if the minimum payment is not received by the specified due date on the customer’s billing statement. Interest and fees continue to accrue on past due loans until the date the loan goes into nonaccrual status, if applicable.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Purchased impaired loans are recorded at fair value at the acquisition date. Although the purchased impaired loans may be contractually delinquent, the Corporation does not classify these loans as nonperforming as the loans were written down to fair value at the acquisition date and the accretable yield is recognized in interest income over the remaining life of the loan. In addition, reported net charge-offs exclude write-downs on purchased impaired loan pools as the fair value already considers the estimated credit losses.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Loans Held-for-Sale</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Loans that are intended to be sold in the foreseeable future, including residential mortgages, loan syndications, and to a lesser degree, commercial real estate, consumer finance and other loans, are reported as LHFS and are carried at the lower of aggregate cost or market value (fair value). The Corporation accounts for certain LHFS, including first mortgage LHFS, under the fair value option. Fair values for LHFS are based on quoted market prices, where available, or are determined by discounting estimated cash flows using interest rates approximating the Corporation’s current origination rates for similar loans and adjusted to reflect the inherent credit risk. Mortgage loan origination costs related to LHFS which the Corporation accounts for under the fair value option are recognized in noninterest expense when incurred. Mortgage loan origination costs for LHFS carried at the lower of cost or market value (fair value) are capitalized as part of the carrying amount of the loans and recognized as a reduction of mortgage banking income upon the sale of such loans. LHFS that are on nonaccrual status and are reported as nonperforming are reported separately from nonperforming loans and leases.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Premises and Equipment</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are recognized using the straight-line method over the estimated useful lives of the assets. Estimated lives range up to 40 years for buildings, up to 12 years for furniture and equipment, and the shorter of lease term or estimated useful life for leasehold improvements.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Mortgage Servicing Rights</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation accounts for consumer-related MSRs at fair value with changes in fair value recorded in mortgage banking income, while commercial-related and residential reverse mortgage MSRs are accounted for using the amortization method (i.e., lower of cost or market) with impairment recognized as a reduction in mortgage banking income. To reduce the volatility of earnings to interest rate and market value fluctuations, certain securities and derivatives such as options and interest rate swaps may be used as economic hedges of the MSRs, but are not designated as accounting hedges. These economic hedges are carried at fair value with changes in fair value recognized in mortgage banking income.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation estimates the fair value of the consumer-related MSRs using a valuation model that calculates the present value of estimated future net servicing income. This is accomplished through an option-adjusted spread (OAS) valuation approach that factors in prepayment risk. This approach consists of projecting servicing cash flows under multiple interest rate scenarios and discounting these cash flows using risk-adjusted discount rates. The key economic assumptions used in valuations of MSRs include weighted-average lives of the MSRs and the OAS levels. The OAS represents the spread that is added to the discount rate so that the sum of the discounted cash flows equals the market price, therefore it is a measure of the extra yield over the reference discount factor (i.e., the forward swap curve) that the Corporation expects to earn by holding the asset. These variables can, and generally do, change from quarter to quarter as market conditions and projected interest rates change, and could have an adverse impact on the value of the MSRs and could result in a corresponding reduction in mortgage banking income.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Goodwill and Intangible Assets</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Goodwill is calculated as the purchase premium after adjusting for the fair value of net assets acquired. Goodwill is not amortized but is reviewed for potential impairment on an annual basis, or when events or circumstances indicate a potential impairment, at the reporting unit level. A reporting unit, as defined under applicable accounting guidance, is a business segment or one level below a business segment. Under applicable accounting guidance, the goodwill impairment analysis is a two-step test. The first step of the goodwill impairment test involves comparing the fair value of each reporting unit with its carrying amount including goodwill. If the fair value of the reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not impaired; however, if the carrying amount of the reporting unit exceeds its fair value, the second step must be performed to measure potential impairment.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The second step involves calculating an implied fair value of goodwill for each reporting unit for which the first step indicated possible impairment. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination, which is the excess of the fair value of the reporting unit, as determined in the first step, over the aggregate fair values of the assets, liabilities and identifiable intangibles as if the reporting unit was being acquired in a business combination. Measurement of the fair values of the assets and liabilities of a reporting unit is consistent with the requirements of the fair value measurements accounting guidance, which defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The adjustments to measure the assets, liabilities and intangibles at fair value are for the purpose of measuring the implied fair value of goodwill and such adjustments are not reflected in the Consolidated Balance Sheet. If the implied fair value of goodwill exceeds the goodwill assigned to the reporting unit, there is no impairment. If the goodwill assigned to a reporting unit exceeds the implied fair value of goodwill, an impairment charge is recorded for the excess. An impairment loss recognized cannot exceed the amount of goodwill assigned to a reporting unit. An impairment loss establishes a new basis in the goodwill and subsequent reversals of goodwill impairment losses are not permitted under applicable accounting guidance. In 2009, 2008 and 2007, goodwill was tested for impairment and it was determined that goodwill was not impaired at any of these dates.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">For intangible assets subject to amortization, an impairment loss is recognized if the carrying amount of the intangible asset is not recoverable and exceeds fair value. The carrying amount of the intangible asset is considered not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use of the asset.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Special Purpose Financing Entities</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">In the ordinary course of business, the Corporation supports its customers’ financing needs by facilitating customers’ access to different funding sources, assets and risks. In addition, the Corporation utilizes certain financing arrangements to meet its balance sheet management, funding, liquidity, and market or credit risk management needs. These financing entities may be in the form of corporations, partnerships, limited liability companies or trusts, and are generally not consolidated on the Corporation’s Consolidated Balance Sheet. The majority of these activities are basic term or revolving securitization vehicles for mortgages, credit cards or other types of loans which are generally funded through term-amortizing debt structures. Other SPEs finance their activities by issuing short-term commercial paper. The securities issued by these vehicles are designed to be repaid from the underlying cash flows of the vehicles’ assets or the reissuance of commercial paper.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Securitizations</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation securitizes, sells and services interests in residential mortgage loans and credit card loans, and from time to time, automobile, other consumer and commercial loans. The securitization vehicles are typically QSPEs which, in accordance with applicable accounting guidance, are legally isolated, bankruptcy remote and beyond the control of the seller, and are not consolidated in the Corporation’s Consolidated Financial Statements. When the Corporation securitizes assets, it may retain a portion of the securities, subordinated tranches, interest-only strips, subordinated interests in accrued interest and fees on the securitized receivables and, in some cases, overcollateralization and cash reserve accounts, all of which are generally considered retained interests in the securitized assets. The Corporation may also retain senior tranches in these securitizations. Gains and losses upon sale of assets to a securitization vehicle are based on an allocation of the previous carrying amount of the assets to the retained interests. Carrying amounts of assets transferred are allocated in proportion to the relative fair values of the assets sold and interests retained.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Quoted market prices are primarily used to obtain fair values of senior retained interests. Generally, quoted market prices for retained residual interests are not available; therefore, the Corporation estimates fair values based upon the present value of the associated expected future cash flows. This may require management to estimate credit losses, prepayment speeds, forward interest yield curves, discount rates and other factors that impact the value of retained interests.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Interest-only strips retained in connection with credit card securitizations are classified in other assets and carried at fair value with changes in fair value recorded in card income. Other retained interests are recorded in other assets, AFS debt securities or trading account assets and generally are carried at fair value with changes recorded in income or accumulated OCI, or are recorded as HTM debt securities and carried at amortized cost. If the fair value of such retained interests has declined below carrying amount and there has been an adverse change in estimated contractual cash flows of the underlying assets, then such decline is determined to be other-than-temporary and the retained interest is written down to fair value with a corresponding charge to other income.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Other Special Purpose Financing Entities</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Other special purpose financing entities (e.g., Corporation-sponsored multi-seller conduits, collateralized debt obligation vehicles and asset acquisition conduits) are generally funded with short-term commercial paper or long-term debt. These financing entities are usually contractually limited to a narrow range of activities that facilitate the transfer of or access to various types of assets or financial instruments and provide the investors in the transaction with protection from creditors of the Corporation in the event of bankruptcy or receivership of the Corporation. In certain situations, the Corporation provides liquidity commitments and/or loss protection agreements.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The Corporation determines whether these entities should be consolidated by evaluating the degree to which it maintains control over the financing entity and will receive the risks and rewards of the assets in the financing entity. In making this determination, the Corporation considers whether the entity is a QSPE, which is generally not required to be consolidated by the seller or investors in the entity. For non-QSPE structures or VIEs, the Corporation assesses whether it is the primary beneficiary of the entity. In accordance with applicable accounting guidance, the entity that will absorb a majority of expected variability (the sum of the absolute values of the expected losses and expected residual returns) consolidates the VIE and is referred to as the primary beneficiary. As certain events occur, the Corporation reevaluates which parties will absorb varia bility and whether the Corporation has become or is no longer the primary beneficiary. Reconsideration events may occur when VIEs acquire additional assets, issue new variable interests or enter into new or modified contractual arrangements. A reconsideration event may also occur when the Corporation acquires new or additional interests in a VIE.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Fair Value</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation measures the fair values of its financial instruments in accordance with accounting guidance that requires an entity to base fair value on exit price and maximize the use of observable inputs and minimize the use of unobservable inputs to determine the exit price. The Corporation categorizes its financial instruments, based on the priority of inputs to the valuation technique, into a three-level hierarchy, as described below. Trading account assets and liabilities, derivative assets and liabilities, AFS debt and marketable equity securities, MSRs, and certain other assets are carried at fair value in accordance with applicable accounting guidance. The Corporation has also elected to account for certain assets and liabilities under the fair value option, including certain corporate loans and loan commitments, LHFS, commercial paper and other short-term borrowings, securities financing agreements, asset-backed secured financings, long-term deposits and long-term debt. The following describes the three-level hierarchy.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 4px"> </p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="49" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><b>Level 1 </b></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Unadjusted quoted prices in active markets for identical assets or liabilities. Level 1 assets and liabilities include debt and equity securities and derivative contracts that are traded in an active exchange market, as well as certain U.S. Treasury securities that are highly liquid and are actively traded in over-the-counter markets.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 4px"> </p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="49" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><b>Level 2 </b></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts where value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. This category generally includes U.S. government and agency mortgage-backed debt securities, corporate debt securities, derivative contracts, residential mortgage loans and certain LHFS.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 4px"> </p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="49" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><b>Level 3 </b></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Unobservable inputs that are supported by little or no market activity and that are significant to the overall fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments for which the determination of fair value requires significant management judgment or estimation. The fair value for such assets and liabilities is generally determined using pricing models, discounted cash flow methodologies or similar techniques that incorporate the assumptions a market participant would use in pricing the asset or liability. This category generally includes certain private equity investments and other principal investments, retained residual interests in securitizations, residential MSRs, asset-backed securities (ABS), highly structured, complex or long-dated derivative contracts, certain LHFS, IRLCs and certain collateralized debt obligations (CDOs) where independent pricing information cannot be obtained for a significant portion of the underlying assets.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Income Taxes</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">There are two components of income tax expense: current and deferred. Current income tax expense approximates taxes to be paid or refunded for the current period. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. These gross deferred tax assets and liabilities represent decreases or increases in taxes expected to be paid in the future because of future reversals of temporary differences in the bases of assets and liabilities as measured by tax laws and their bases as reported in the financial statements. Deferred tax assets are also recognized for tax attributes such as net operating loss carryforwards and tax credit carryforwards. Valuation allowances are recorded to reduce deferred tax assets to the amounts management concludes are more-likely-than-not to be realized.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Income tax benefits are recognized and measured based upon a two-step model: 1) a tax position must be more-likely-than-not to be sustained based solely on its technical merits in order to be recognized, and 2) the benefit is measured as the largest dollar amount of that position that is more-likely-than-not to be sustained upon settlement. The difference between the benefit recognized and the tax benefit claimed on a tax return is referred to as an unrecognized tax benefit (UTB). The Corporation records income tax-related interest and penalties, if applicable, within income tax expense.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Retirement Benefits</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation has established retirement plans covering substantially all full-time and certain part-time employees. Pension expense under these plans is charged to current operations and consists of several components of net pension cost based on various actuarial assumptions regarding future experience under the plans.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In addition, the Corporation has established unfunded supplemental benefit plans and supplemental executive retirement plans (SERPs) for selected officers of the Corporation and its subsidiaries that provide benefits that cannot be paid from a qualified retirement plan due to Internal Revenue Code restrictions. The SERPs have been frozen and the executive officers do not accrue any additional benefits. These plans are nonqualified under the Internal Revenue Code and assets used to fund benefit payments are not segregated from other assets of the Corporation; therefore, in general, a participant’s or beneficiary’s claim to benefits under these plans is as a general creditor. In addition, the Corporation has established several postretirement healthcare and life insurance benefit plans.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Accumulated Other Comprehensive Income</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation records unrealized gains and losses on AFS debt and marketable equity securities, gains and losses on cash flow accounting hedges, unrecognized actuarial gains and losses, transition obligation and prior service costs on pension and postretirement plans, foreign currency translation adjustments and related hedges of net investments in foreign operations in accumulated OCI, net-of-tax. Unrealized gains and losses on AFS debt and marketable equity securities are reclassified to earnings as the gains or losses are realized upon sale of the securities. Unrealized losses on AFS securities deemed to represent other-than- temporary impairment are reclassified to earnings at the time of the charge. Beginning in 2009, for AFS debt securities that the Corporation does not intend to sell or it is more-likely-than-not that it will not be required to sell, only the credit component of an unrealized loss is reclassified to earnings. Gains or losses on derivatives accounted for as cash flow hedges are reclassified to earnings when the hedged transaction affects earnings. Translation gains or losses on foreign currency translation adjustments are reclassified to earnings upon the substantial sale or liquidation of investments in foreign operations.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Earnings Per Common Share</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">EPS is computed by dividing net income allocated to common shareholders by the weighted average common shares outstanding. Net income allocated to common shareholders represents net income applicable to common shareholders (net income adjusted for preferred stock dividends including dividends declared, accretion of discounts on preferred stock including accelerated accretion when preferred stock is repaid early, and cumulative dividends related to the current dividend period that have not been declared as of period end) less income allocated to participating securities (see discussion below). Diluted earnings per common share is computed by dividing income allocated to common shareholders by the weighted average common shares outstanding plus amounts representing the dilutive effect of stock options outstanding, restricted stock, restricted stock units, outstanding warrants, and the dilution resulting from the conversion of convertible preferred stock, if applicable.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">On January 1, 2009, the Corporation adopted new accounting guidance on earnings per share that defines unvested share-based payment awards that contain nonforfeitable rights to dividends as participating securities that are included in computing EPS using the two-class method. The two-class method is an earnings allocation formula under which EPS is calculated for common stock and participating securities according to dividends declared and participating rights in undistributed earnings. Under this method, all earnings (distributed and undistributed) are allocated to participating securities and common shares based on their respective rights to receive dividends.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 2%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">In an exchange of non-convertible preferred stock, income allocated to common shareholders is adjusted for the difference between the carrying value of the preferred stock and the fair value of the common stock exchanged. In an induced conversion of convertible preferred stock, income allocated to common shareholders is reduced by the excess of the fair value of the common stock exchanged over the fair value of the common stock that would have been issued under the original conversion terms.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Foreign Currency Translation</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Assets, liabilities and operations of foreign branches and subsidiaries are recorded based on the functional currency of each entity. For certain of the foreign operations, the functional currency is the local currency, in which case the assets, liabilities and operations are translated, for consolidation purposes, from the local currency to the U.S. dollar reporting currency at period-end rates for assets and liabilities and generally at average rates for operations. The resulting unrealized gains or losses as well as gains and losses from certain hedges, are reported as a component of accumulated OCI on an after-tax basis. When the foreign entity’s functional currency is determined to be the U.S. dollar, the resulting remeasurement currency gains or losses on foreign currency-denominated assets or liabilities are included in earnings.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Credit Card and Deposit Arrangements</b></font></p> <p style="MARGIN-TOP: 8px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Endorsing Organization Agreements</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation contracts with other organizations to obtain their endorsement of the Corporation’s loan and deposit products. This endorsement may provide to the Corporation exclusive rights to market to the organization’s members or to customers on behalf of the Corporation. These organizations endorse the Corporation’s loan and deposit products and provide the Corporation with their mailing lists and marketing activities. These agreements generally have terms that range from two to five years. The Corporation typically pays royalties in exchange for their endorsement. Compensation costs related to the credit card agreements are recorded as contra-revenue in card income.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Cardholder Reward Agreements</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation offers reward programs that allow its cardholders to earn points that can be redeemed for a broad range of rewards including cash, travel and discounted products. The Corporation establishes a rewards liability based upon the points earned that are expected to be redeemed and the average cost per point redeemed. The points to be redeemed are estimated based on past redemption behavior, card product type, account transaction activity and other historical card performance. The liability is reduced as the points are redeemed. The estimated cost of the rewards programs is recorded as contra-revenue in card income.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" size="2"><b>Insurance Income & Insurance Expense</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Property and casualty and credit life and disability premiums are recognized over the term of the policies on a pro-rata basis for all policies except for certain of the lender-placed auto insurance and the guaranteed auto protection (GAP) policies. For GAP insurance, revenue recognition is correlated to the exposure and accelerated over the life of the contract. For lender-placed auto insurance, premiums are recognized when collections become probable due to high cancellation rates experienced early in the life of the policy. Mortgage reinsurance premiums are recognized as earned. Insurance expense includes insurance claims and commissions, both of which are recorded in other general operating expense.</font></p> </div> </bac:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock> | |||||||||||||||||||||
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| <bac:FairValueOfFinancialInstrumentsDisclosureTextBlock contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0"> <div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Arial" color="#B23040" size="3"><b>NOTE 21 – Fair Value of Financial Instruments</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair values of financial instruments have been derived, in part, by the Corporation’s assumptions, the estimated amount and timing of future cash flows and estimated discount rates. Different assumptions could significantly affect these estimated fair values. Accordingly, the net realizable values could be materially different from the estimates presented below. In addition, the estimates are only indicative of the value of individual financial instruments and should not be considered an indication of the fair value of the Corporation.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The following disclosures represent financial instruments in which the ending balance at December 31, 2009 and 2008 are not carried at fair value in its entirety on the Corporation’s Consolidated Balance Sheet.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Short-term Financial Instruments</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The carrying value of short-term financial instruments, including cash and cash equivalents, time deposits placed, federal funds sold and purchased, resale and certain repurchase agreements, commercial paper and other short-term investments and borrowings, approximates the fair value of these instruments. These financial instruments generally expose the Corporation to limited credit risk and have no stated maturities or have short-term maturities and carry interest rates that approximate market. The Corporation elected to account for certain structured reverse repurchase agreements under the fair value option. See <i>Note 20 – Fair Value Measurements</i> for additional information on these structured reverse repurchase agreements.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Loans</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">Fair values were generally determined by discounting both principal and interest cash flows expected to be collected using an observable discount rate for similar instruments with adjustments that the Corporation believes a market participant would consider in determining fair value. The Corporation estimates the cash flows expected to be collected using internal credit risk, interest rate and prepayment risk models that incorporate the Corporation’s best estimate of current key assumptions, such as default rates, loss severity and prepayment speeds for the life of the loan. The Corporation elected to account for certain large corporate loans which exceeded the Corporation’s single name credit risk concentration guidelines under the fair value option. See <i>Note 20 – Fair</i> <i>Value Measurements</i> for additional information on loans for which the Corporation adopted the fair value option.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Deposits</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The fair value for certain deposits with stated maturities was calculated by discounting contractual cash flows using current market rates for instruments with similar maturities. The carrying value of foreign time deposits approximates fair value. For deposits with no stated maturities, the carrying amount was considered to approximate fair value and does not take into account the significant value of the cost advantage and stability of the Corporation’s long-term relationships with depositors. The Corporation elected to account for certain long-term fixed-rate deposits which are economically hedged with derivatives under the fair value option. See <i>Note 20 – Fair Value Measurements</i> for additional information on these long-term fixed-rate deposits.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font size="1"> </font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b><font style="FONT-FAMILY: ARIAL" color="#4C4C4C" size="1">Long-term Debt</font></b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: ARIAL" size="1">The Corporation uses quoted market prices for its long-term debt when available. When quoted market prices are not available, fair value is estimated based on current market interest rates and credit spreads for debt with similar maturities. The Corporation elected to account for certain structured notes under the fair value option. See <i>Note 20 – Fair Value Measurements</i> for additional information on these structured notes.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 16px; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The carrying and fair values of certain financial instruments at December 31, 2009 and 2008 were as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> </p> <p style="BORDER-BOTTOM: #b23040 2pt solid; LINE-HEIGHT: 1px; MARGIN-TOP: 0px; MARGIN-BOTTOM: 2px"> </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="62%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="14"></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="13" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>December 31</b></font></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: Arial" size="1"><b>2009</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="5" align="center"><font style="FONT-FAMILY: ARIAL" size="1">2008</font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">(Dollars in millions)</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Carrying Value <font size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>Fair Value</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Carrying Value <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: ARIAL" size="1">Fair Value</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Financial assets</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Loans <sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>841,020</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b>$</b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>813,596</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">886,198</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">841,629</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.5em; MARGIN-LEFT: 1.5em"><font style="FONT-FAMILY: Arial" size="1"><b>Financial liabilities</b></font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Deposits</font></p> </td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>991,611</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>991,768</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">882,997</font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">883,987</font></td> </tr> <tr> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="top"> <p style="TEXT-INDENT: -1.6em; MARGIN-LEFT: 3.2em"><font style="FONT-FAMILY: ARIAL" size="1">Long-term debt</font></p> </td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>438,521</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: Arial" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Arial" size="1"><b>440,246</b></font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">268,292</font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom"> <font style="FONT-FAMILY: ARIAL" size="1"> </font></td> <td style="BORDER-BOTTOM: #b23040 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: ARIAL" size="1">260,291</font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(1)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">The carrying value of loans is presented net of allowance for loan and lease losses. Amounts exclude leases.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="1%" align="left"><font style="FONT-FAMILY: ARIAL" size="1"><sup style="POSITION: relative; BOTTOM: 0.8ex; VERTICAL-ALIGN: baseline">(2)</sup></font></td> <td valign="top" align="left"> <p align="justify"><font style="FONT-FAMILY: ARIAL" size="1">Fair value is determined based on the present value of future cash flows using credit spreads or risk adjusted rates of return that a buyer of the portfolio would require at December 31, 2009 and 2008. However, the Corporation expects to collect the principal cash flows underlying the book values as well as the related interest cash flows.</font></p> </td> </tr> </table> </div> </bac:FairValueOfFinancialInstrumentsDisclosureTextBlock> | |||||||||||||||||||||
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| <bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares contextRef="eol_PE15519---0910-K0014_STD_365_20091231_0_411810x401105" unitRef="shares" decimals="-3"> 7397000 </bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares> | |||||||||||||||||||||
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| <us-gaap:CommonStockDividendsPerShareCashPaid contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 2.24 </us-gaap:CommonStockDividendsPerShareCashPaid> | |||||||||||||||||||||
| <us-gaap:Communication contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1106000000 </us-gaap:Communication> | |||||||||||||||||||||
| <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -5801000000 </us-gaap:DeferredIncomeTaxExpenseBenefit> | |||||||||||||||||||||
| <us-gaap:DepreciationPremisesAndEquipment contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1485000000 </us-gaap:DepreciationPremisesAndEquipment> | |||||||||||||||||||||
| <us-gaap:DividendsCommonStock contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 10256000000 </us-gaap:DividendsCommonStock> | |||||||||||||||||||||
| <us-gaap:DividendsPreferredStock contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1272000000 </us-gaap:DividendsPreferredStock> | |||||||||||||||||||||
| <us-gaap:EarningsPerShareBasic contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 0.54 </us-gaap:EarningsPerShareBasic> | |||||||||||||||||||||
| <us-gaap:EarningsPerShareDiluted contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD_per_shares" decimals="2"> 0.54 </us-gaap:EarningsPerShareDiluted> | |||||||||||||||||||||
| <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -83000000 </us-gaap:EffectOfExchangeRateOnCashAndCashEquivalents> | |||||||||||||||||||||
| <us-gaap:EquipmentExpense contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1655000000 </us-gaap:EquipmentExpense> | |||||||||||||||||||||
| <us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 42000000 </us-gaap:ExcessTaxBenefitFromShareBasedCompensationFinancingActivities> | |||||||||||||||||||||
| <us-gaap:FeesAndCommissionsDepositorAccounts contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 10316000000 </us-gaap:FeesAndCommissionsDepositorAccounts> | |||||||||||||||||||||
| <us-gaap:GainLossOnSaleOfDebtInvestments contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1124000000 </us-gaap:GainLossOnSaleOfDebtInvestments> | |||||||||||||||||||||
| <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 4428000000 </us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments> | |||||||||||||||||||||
| <us-gaap:IncomeTaxesPaidNet contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 4700000000 </us-gaap:IncomeTaxesPaidNet> | |||||||||||||||||||||
| <us-gaap:IncomeTaxExpenseBenefit contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 420000000 </us-gaap:IncomeTaxExpenseBenefit> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -8885000000 </us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInDeposits contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 14830000000 </us-gaap:IncreaseDecreaseInDeposits> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 16973000000 </us-gaap:IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInOtherOperatingAssets contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 6391000000 </us-gaap:IncreaseDecreaseInOtherOperatingAssets> | |||||||||||||||||||||
| <us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -9056000000 </us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet> | |||||||||||||||||||||
| <us-gaap:InformationTechnologyAndDataProcessing contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 2546000000 </us-gaap:InformationTechnologyAndDataProcessing> | |||||||||||||||||||||
| <us-gaap:InsuranceCommissionsAndFees contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1833000000 </us-gaap:InsuranceCommissionsAndFees> | |||||||||||||||||||||
| <us-gaap:InterestAndDividendIncomeOperating contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 85684000000 </us-gaap:InterestAndDividendIncomeOperating> | |||||||||||||||||||||
| <us-gaap:InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 9057000000 </us-gaap:InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue> | |||||||||||||||||||||
| <us-gaap:InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 56017000000 </us-gaap:InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio> | |||||||||||||||||||||
| <us-gaap:InterestExpense contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 40324000000 </us-gaap:InterestExpense> | |||||||||||||||||||||
| <us-gaap:InterestExpenseDeposits contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 15250000000 </us-gaap:InterestExpenseDeposits> | |||||||||||||||||||||
| <us-gaap:InterestExpenseLongTermDebt contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 9938000000 </us-gaap:InterestExpenseLongTermDebt> | |||||||||||||||||||||
| <us-gaap:InterestExpenseShortTermBorrowings contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 12362000000 </us-gaap:InterestExpenseShortTermBorrowings> | |||||||||||||||||||||
| <us-gaap:InterestExpenseTradingLiabilities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 2774000000 </us-gaap:InterestExpenseTradingLiabilities> | |||||||||||||||||||||
| <us-gaap:InterestIncomeExpenseNet contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 45360000000 </us-gaap:InterestIncomeExpenseNet> | |||||||||||||||||||||
| <us-gaap:InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 3313000000 </us-gaap:InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell> | |||||||||||||||||||||
| <us-gaap:InterestPaidNet contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 36387000000 </us-gaap:InterestPaidNet> | |||||||||||||||||||||
| <us-gaap:LaborAndRelatedExpense contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 18371000000 </us-gaap:LaborAndRelatedExpense> | |||||||||||||||||||||
| <us-gaap:MarketingAndAdvertisingExpense contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 2368000000 </us-gaap:MarketingAndAdvertisingExpense> | |||||||||||||||||||||
| <us-gaap:NetCashProvidedByUsedInFinancingActivities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -10695000000 </us-gaap:NetCashProvidedByUsedInFinancingActivities> | |||||||||||||||||||||
| <us-gaap:NetCashProvidedByUsedInInvestingActivities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -2930000000 </us-gaap:NetCashProvidedByUsedInInvestingActivities> | |||||||||||||||||||||
| <us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 4034000000 </us-gaap:NetCashProvidedByUsedInOperatingActivities> | |||||||||||||||||||||
| <us-gaap:NetIncomeLoss contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 4008000000 </us-gaap:NetIncomeLoss> | |||||||||||||||||||||
| <us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 2556000000 </us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic> | |||||||||||||||||||||
| <us-gaap:NoninterestExpense contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 41529000000 </us-gaap:NoninterestExpense> | |||||||||||||||||||||
| <us-gaap:NoninterestIncome contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 27422000000 </us-gaap:NoninterestIncome> | |||||||||||||||||||||
| <us-gaap:NoninterestIncomeOtherOperatingIncome contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -1654000000 </us-gaap:NoninterestIncomeOtherOperatingIncome> | |||||||||||||||||||||
| <us-gaap:OccupancyNet contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 3626000000 </us-gaap:OccupancyNet> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -8557000000 </us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -3341000000 </us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 944000000 </us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -1000000000 </us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherInterestAndDividendIncome contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 4151000000 </us-gaap:OtherInterestAndDividendIncome> | |||||||||||||||||||||
| <us-gaap:OtherNoninterestExpense contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 7496000000 </us-gaap:OtherNoninterestExpense> | |||||||||||||||||||||
| <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 10185000000 </us-gaap:PaymentsForProceedsFromOtherInvestingActivities> | |||||||||||||||||||||
| <us-gaap:PaymentsForProceedsFromOtherLoansAndLeases contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 69574000000 </us-gaap:PaymentsForProceedsFromOtherLoansAndLeases> | |||||||||||||||||||||
| <us-gaap:PaymentsForProceedsFromProductiveAssets contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 2098000000 </us-gaap:PaymentsForProceedsFromProductiveAssets> | |||||||||||||||||||||
| <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 0 </us-gaap:PaymentsForRepurchaseOfCommonStock> | |||||||||||||||||||||
| <us-gaap:PaymentsForRepurchaseOfPreferredStockAndPreferenceStock contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 0 </us-gaap:PaymentsForRepurchaseOfPreferredStockAndPreferenceStock> | |||||||||||||||||||||
| <us-gaap:PaymentsOfDividends contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 11528000000 </us-gaap:PaymentsOfDividends> | |||||||||||||||||||||
| <us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 184232000000 </us-gaap:PaymentsToAcquireAvailableForSaleSecuritiesDebt> | |||||||||||||||||||||
| <us-gaap:PaymentsToAcquireHeldToMaturitySecurities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 840000000 </us-gaap:PaymentsToAcquireHeldToMaturitySecurities> | |||||||||||||||||||||
| <us-gaap:PreferredStockDividendsAndOtherAdjustments contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1452000000 </us-gaap:PreferredStockDividendsAndOtherAdjustments> | |||||||||||||||||||||
| <us-gaap:ProceedsFromIssuanceOfCommonStock contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 10127000000 </us-gaap:ProceedsFromIssuanceOfCommonStock> | |||||||||||||||||||||
| <us-gaap:ProceedsFromIssuanceOfLongTermDebt contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 43782000000 </us-gaap:ProceedsFromIssuanceOfLongTermDebt> | |||||||||||||||||||||
| <us-gaap:ProceedsFromIssuanceOfPreferredStockAndPreferenceStock contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 34742000000 </us-gaap:ProceedsFromIssuanceOfPreferredStockAndPreferenceStock> | |||||||||||||||||||||
| <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 741000000 </us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities> | |||||||||||||||||||||
| <us-gaap:ProceedsFromPaymentsForInInterestBearingDepositsInBanks contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 2203000000 </us-gaap:ProceedsFromPaymentsForInInterestBearingDepositsInBanks> | |||||||||||||||||||||
| <us-gaap:ProceedsFromPaymentsForOtherFinancingActivities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -56000000 </us-gaap:ProceedsFromPaymentsForOtherFinancingActivities> | |||||||||||||||||||||
| <us-gaap:ProceedsFromRepaymentsOfShortTermDebt contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -33033000000 </us-gaap:ProceedsFromRepaymentsOfShortTermDebt> | |||||||||||||||||||||
| <us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 120972000000 </us-gaap:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt> | |||||||||||||||||||||
| <us-gaap:ProceedsFromSaleOfForeclosedAssets contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1187000000 </us-gaap:ProceedsFromSaleOfForeclosedAssets> | |||||||||||||||||||||
| <us-gaap:ProceedsFromSaleOfLoansAndLeasesHeldForInvestment contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 52455000000 </us-gaap:ProceedsFromSaleOfLoansAndLeasesHeldForInvestment> | |||||||||||||||||||||
| <us-gaap:ProfessionalFees contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 1592000000 </us-gaap:ProfessionalFees> | |||||||||||||||||||||
| <us-gaap:ProvisionForLoanLeaseAndOtherLosses contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 26825000000 </us-gaap:ProvisionForLoanLeaseAndOtherLosses> | |||||||||||||||||||||
| <us-gaap:RepaymentsOfLongTermDebt contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 35072000000 </us-gaap:RepaymentsOfLongTermDebt> | |||||||||||||||||||||
| <us-gaap:Revenues contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 72782000000 </us-gaap:Revenues> | |||||||||||||||||||||
| <us-gaap:StockholdersEquityOther contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 0 </us-gaap:StockholdersEquityOther> | |||||||||||||||||||||
| <us-gaap:StockIssuedDuringPeriodValueAcquisitions contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 4201000000 </us-gaap:StockIssuedDuringPeriodValueAcquisitions> | |||||||||||||||||||||
| <us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 9883000000 </us-gaap:StockIssuedDuringPeriodValueNewIssues> | |||||||||||||||||||||
| <us-gaap:TradingGainsLosses contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -5911000000 </us-gaap:TradingGainsLosses> | |||||||||||||||||||||
| <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="shares" decimals="-3"> 4596428000 </us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding> | |||||||||||||||||||||
| <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="shares" decimals="-3"> 4592085000 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic> | |||||||||||||||||||||
| <bac:BrokerageCommissionsAndAssetManagementFeesRevenue contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 4972000000 </bac:BrokerageCommissionsAndAssetManagementFeesRevenue> | |||||||||||||||||||||
| <bac:FeesAndCommissionsCreditAndDebitCards contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 13314000000 </bac:FeesAndCommissionsCreditAndDebitCards> | |||||||||||||||||||||
| <bac:InvestmentBankingAndUnderwritingRevenue contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 2263000000 </bac:InvestmentBankingAndUnderwritingRevenue> | |||||||||||||||||||||
| <bac:MortgageBankingIncome contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 4087000000 </bac:MortgageBankingIncome> | |||||||||||||||||||||
| <bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 897000000 </bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther> | |||||||||||||||||||||
| <bac:ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 53723000000 </bac:ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellNet> | |||||||||||||||||||||
| <bac:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 26068000000 </bac:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleDebtSecurities> | |||||||||||||||||||||
| <bac:IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> -34529000000 </bac:IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseNet> | |||||||||||||||||||||
| <bac:MergerAndRestructuringCharges contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 935000000 </bac:MergerAndRestructuringCharges> | |||||||||||||||||||||
| <bac:InterestIncomeDebtSecurities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 13146000000 </bac:InterestIncomeDebtSecurities> | |||||||||||||||||||||
| <bac:EquityInvestmentGainsLosses contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 539000000 </bac:EquityInvestmentGainsLosses> | |||||||||||||||||||||
| <bac:AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 3461000000 </bac:AvailableForSaleDebtSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount> | |||||||||||||||||||||
| <bac:NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 0 </bac:NonCreditPortionOfOtherThanTemporaryImpairmentsOfDebtReclassificationRecognizedInOtherComprehensiveIncome> | |||||||||||||||||||||
| <bac:NetImpairmentLossesOnAvailableForSaleDebtSecurities contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 3461000000 </bac:NetImpairmentLossesOnAvailableForSaleDebtSecurities> | |||||||||||||||||||||
| <bac:StockIssuedDuringPeriodValuePreferredNewIssues contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0" unitRef="iso4217_USD" decimals="-6"> 34742000000 </bac:StockIssuedDuringPeriodValuePreferredNewIssues> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x400328" unitRef="iso4217_USD" decimals="-6"> -8557000000 </us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x400328" unitRef="iso4217_USD" decimals="-6"> -3341000000 </us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x400328" unitRef="iso4217_USD" decimals="-6"> 944000000 </us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x400328" unitRef="iso4217_USD" decimals="-6"> -1000000000 </us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:StockIssuedDuringPeriodValueAcquisitions contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401098" unitRef="iso4217_USD" decimals="-6"> 4201000000 </us-gaap:StockIssuedDuringPeriodValueAcquisitions> | |||||||||||||||||||||
| <us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401098" unitRef="iso4217_USD" decimals="-6"> 9883000000 </us-gaap:StockIssuedDuringPeriodValueNewIssues> | |||||||||||||||||||||
| <bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401098" unitRef="iso4217_USD" decimals="-6"> 854000000 </bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther> | |||||||||||||||||||||
| <bac:StockIssuedDuringPeriodValuePreferredNewIssues contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401098" unitRef="iso4217_USD" decimals="-6"> 1500000000 </bac:StockIssuedDuringPeriodValuePreferredNewIssues> | |||||||||||||||||||||
| <us-gaap:StockIssuedDuringPeriodSharesAcquisitions contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401105" unitRef="shares" decimals="-3"> 106776000 </us-gaap:StockIssuedDuringPeriodSharesAcquisitions> | |||||||||||||||||||||
| <us-gaap:StockIssuedDuringPeriodSharesNewIssues contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401105" unitRef="shares" decimals="-3"> 455000000 </us-gaap:StockIssuedDuringPeriodSharesNewIssues> | |||||||||||||||||||||
| <bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401105" unitRef="shares" decimals="-3"> 17775000 </bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOtherShares> | |||||||||||||||||||||
| <us-gaap:ComprehensiveIncomeNetOfTax contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401174" unitRef="iso4217_USD" decimals="-6"> -7946000000 </us-gaap:ComprehensiveIncomeNetOfTax> | |||||||||||||||||||||
| <us-gaap:NetIncomeLoss contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401174" unitRef="iso4217_USD" decimals="-6"> 4008000000 </us-gaap:NetIncomeLoss> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401174" unitRef="iso4217_USD" decimals="-6"> -8557000000 </us-gaap:OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401174" unitRef="iso4217_USD" decimals="-6"> -3341000000 </us-gaap:OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401174" unitRef="iso4217_USD" decimals="-6"> 944000000 </us-gaap:OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x401174" unitRef="iso4217_USD" decimals="-6"> -1000000000 </us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease> | |||||||||||||||||||||
| <us-gaap:StockholdersEquityOther contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x409057" unitRef="iso4217_USD" decimals="-6"> -50000000 </us-gaap:StockholdersEquityOther> | |||||||||||||||||||||
| <bac:StockIssuedDuringPeriodValuePreferredNewIssues contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x409057" unitRef="iso4217_USD" decimals="-6"> 33242000000 </bac:StockIssuedDuringPeriodValuePreferredNewIssues> | |||||||||||||||||||||
| <us-gaap:DividendsCommonStock contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x410600" unitRef="iso4217_USD" decimals="-6"> 10256000000 </us-gaap:DividendsCommonStock> | |||||||||||||||||||||
| <us-gaap:DividendsPreferredStock contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x410600" unitRef="iso4217_USD" decimals="-6"> 1272000000 </us-gaap:DividendsPreferredStock> | |||||||||||||||||||||
| <us-gaap:NetIncomeLoss contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x410600" unitRef="iso4217_USD" decimals="-6"> 4008000000 </us-gaap:NetIncomeLoss> | |||||||||||||||||||||
| <us-gaap:StockholdersEquityOther contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x410600" unitRef="iso4217_USD" decimals="-6"> 50000000 </us-gaap:StockholdersEquityOther> | |||||||||||||||||||||
| <bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther contextRef="eol_PE15519---0910-K0014_STD_366_20081231_0_411810x414931" unitRef="iso4217_USD" decimals="-6"> 43000000 </bac:StockOptionsExercisedIncludingIncomeTaxBenefitsVestingOfRestrictedStockUnitsAndOther> | |||||||||||||||||||||
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| <startDate> 2009-01-01 </startDate> | |||||||||||||||||||||
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| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> bac:OtherChangesStockholdersEquityMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <startDate> 2007-01-01 </startDate> | |||||||||||||||||||||
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| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <startDate> 2007-01-01 </startDate> | |||||||||||||||||||||
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| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <startDate> 2007-01-01 </startDate> | |||||||||||||||||||||
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| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:ComprehensiveIncomeMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <startDate> 2007-01-01 </startDate> | |||||||||||||||||||||
| <endDate> 2007-12-31 </endDate> | |||||||||||||||||||||
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| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| </entity> | |||||||||||||||||||||
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| <startDate> 2007-01-01 </startDate> | |||||||||||||||||||||
| <endDate> 2007-12-31 </endDate> | |||||||||||||||||||||
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| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| </entity> | |||||||||||||||||||||
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| <startDate> 2007-01-01 </startDate> | |||||||||||||||||||||
| <endDate> 2007-12-31 </endDate> | |||||||||||||||||||||
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| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <startDate> 2007-01-01 </startDate> | |||||||||||||||||||||
| <endDate> 2007-12-31 </endDate> | |||||||||||||||||||||
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| <context id="eol_PE15519---0910-K0014_STD_365_20071231_0"> | |||||||||||||||||||||
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| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
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| <startDate> 2007-01-01 </startDate> | |||||||||||||||||||||
| <endDate> 2007-12-31 </endDate> | |||||||||||||||||||||
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| <context id="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x414931"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> bac:OtherChangesStockholdersEquityMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
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| <instant> 2009-12-31 </instant> | |||||||||||||||||||||
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| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <instant> 2009-12-31 </instant> | |||||||||||||||||||||
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| <context id="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x409057"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <instant> 2009-12-31 </instant> | |||||||||||||||||||||
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| <context id="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x401105"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
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| <instant> 2009-12-31 </instant> | |||||||||||||||||||||
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| <context id="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x401098"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
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| <instant> 2009-12-31 </instant> | |||||||||||||||||||||
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| <context id="eol_PE15519---0910-K0014_STD_0_20091231_0_411810x400328"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
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| <instant> 2009-12-31 </instant> | |||||||||||||||||||||
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| <context id="eol_PE15519---0910-K0014_STD_0_20091231_0"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
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| <instant> 2009-12-31 </instant> | |||||||||||||||||||||
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| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x414931"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> bac:OtherChangesStockholdersEquityMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2008-12-31 </instant> | |||||||||||||||||||||
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| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x410600"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2008-12-31 </instant> | |||||||||||||||||||||
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| <context id="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x409057"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2008-12-31 </instant> | |||||||||||||||||||||
| </period> | |||||||||||||||||||||
| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x401105"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2008-12-31 </instant> | |||||||||||||||||||||
| </period> | |||||||||||||||||||||
| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x401098"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2008-12-31 </instant> | |||||||||||||||||||||
| </period> | |||||||||||||||||||||
| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20081231_0_411810x400328"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2008-12-31 </instant> | |||||||||||||||||||||
| </period> | |||||||||||||||||||||
| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20081231_0"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2008-12-31 </instant> | |||||||||||||||||||||
| </period> | |||||||||||||||||||||
| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x414931"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> bac:OtherChangesStockholdersEquityMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2007-12-31 </instant> | |||||||||||||||||||||
| </period> | |||||||||||||||||||||
| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x410600"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2007-12-31 </instant> | |||||||||||||||||||||
| </period> | |||||||||||||||||||||
| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x409057"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2007-12-31 </instant> | |||||||||||||||||||||
| </period> | |||||||||||||||||||||
| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x401105"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember> | |||||||||||||||||||||
| </segment> | |||||||||||||||||||||
| </entity> | |||||||||||||||||||||
| <period> | |||||||||||||||||||||
| <instant> 2007-12-31 </instant> | |||||||||||||||||||||
| </period> | |||||||||||||||||||||
| </context> | |||||||||||||||||||||
| <context id="eol_PE15519---0910-K0014_STD_0_20071231_0_411810x401098"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <period> | |||||||||||||||||||||
| <instant> 2007-12-31 </instant> | |||||||||||||||||||||
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| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <instant> 2007-12-31 </instant> | |||||||||||||||||||||
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| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> bac:OtherChangesStockholdersEquityMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <instant> 2006-12-31 </instant> | |||||||||||||||||||||
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| <context id="eol_PE15519---0910-K0014_STD_0_20061231_0_411810x410600"> | |||||||||||||||||||||
| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <instant> 2006-12-31 </instant> | |||||||||||||||||||||
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| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:PreferredStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <entity> | |||||||||||||||||||||
| <identifier scheme="http://www.sec.gov/CIK"> 0000070858 </identifier> | |||||||||||||||||||||
| <segment> | |||||||||||||||||||||
| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AccumulatedOtherComprehensiveIncomeMember </xbrldi:explicitMember> | |||||||||||||||||||||
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| <instant> 2009-06-30 </instant> | |||||||||||||||||||||
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| <instant> 2010-02-24 </instant> | |||||||||||||||||||||
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| <xbrll:footnote xlink:label="footnote_1061390" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US"> During 2009, the Corporation exchanged $14.8 billion of preferred stock by issuing 1.0 billion shares of common stock valued at $11.5 billion. During 2009, the Corporation transferred credit card loans of $8.5 billion and the related allowance for loan and lease losses of $750 million in exchange for a $7.8 billion held-to-maturity debt security that was issued by the Corporation's U.S. Credit Card Securitization Trust. The fair values of noncash assets acquired and liabilities assumed in the Merrill Lynch acquisition were $618.4 billion and $626.2 billion at January 1, 2009. Approximately 1.4 billion shares of common stock, valued at approximately $20.5 billion and 376 thousand shares of preferred stock valued at $8.6 billion were issued in connection with the Merrill Lynch acquisition. The Corporation securitized $14.0 billion and $26.1 billion of residential mortgage loans into mortgage-backed securities and $0 and $4.9 billion of automobile loans into asset-backed securities which were retained by the Corporation during 2009 and 2008. The fair values of noncash assets acquired and liabilities assumed in the Countrywide acquisition were $157.4 billion and $157.8 billion at July 1, 2008. Approximately 107 million shares of common stock, valued at approximately $4.2 billion were issued in connection with the Countrywide acquisition. The fair values of noncash assets acquired and liabilities assumed in the LaSalle Bank Corporation acquisition were $115.8 billion and $97.1 billion at October 1, 2007. The fair values of noncash assets acquired and liabilities assumed in the U.S. Trust Corporation acquisition were $12.9 billion and $9.8 billion at July 1, 2007. </xbrll:footnote> | |||||||||||||||||||||
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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/20/24 Bank of America Corp./DE 10-K 12/31/23 200:61M 2/22/23 Bank of America Corp./DE 10-K 12/31/22 200:66M 11/10/22 Bank of America Corp./DE SC TO-I 7:1.3M Bank of America Corp./DE Donnelley … Solutions/FA 2/22/22 Bank of America Corp./DE 10-K 12/31/21 201:72M 2/24/21 Bank of America Corp./DE 10-K 12/31/20 199:66M 8/05/10 SEC UPLOAD¶ 10/03/17 1:114K Bank of America Corp./DE 6/03/10 SEC UPLOAD¶ 10/03/17 1:97K Bank of America Corp./DE |