Quarterly report pursuant to Section 13 or 15(d)

INVESTMENT SECURITIES AND OTHER SECURITIES - Continuous Unrealized Loss Position (Details)

v3.22.2.2
INVESTMENT SECURITIES AND OTHER SECURITIES - Continuous Unrealized Loss Position (Details) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Available-for-sale securities:    
Less than 12 months, fair value $ 13,837 $ 20,747
Less than 12 months, gross unrealized losses (1,949) (304)
12 months or longer, fair value 9,207 319
12 months or longer, gross unrealized losses (2,018) (11)
Total, fair value 23,044 21,066
Total, gross unrealized losses (3,967) (315)
Held-to-maturity securities:    
Less than 12 months, fair value 10,622 7,608
Less than 12 months, gross unrealized losses (1,481) (84)
12 months or longer, fair value 4,192 0
12 months or longer, gross unrealized losses (857) 0
Total held-to-maturity securities 14,814 7,608
Total, gross unrealized losses (2,338) (84)
Residential CMO    
Available-for-sale securities:    
Less than 12 months, fair value 2,330 2,925
Less than 12 months, gross unrealized losses (220) (40)
12 months or longer, fair value 705 0
12 months or longer, gross unrealized losses (162) 0
Total, fair value 3,035 2,925
Total, gross unrealized losses (382) (40)
Held-to-maturity securities:    
Less than 12 months, fair value 3,279 1,453
Less than 12 months, gross unrealized losses (510) (20)
12 months or longer, fair value 811 0
12 months or longer, gross unrealized losses (157) 0
Total held-to-maturity securities 4,090 1,453
Total, gross unrealized losses (667) (20)
Residential MBS    
Available-for-sale securities:    
Less than 12 months, fair value 5,580 13,491
Less than 12 months, gross unrealized losses (921) (160)
12 months or longer, fair value 6,402 0
12 months or longer, gross unrealized losses (1,365) 0
Total, fair value 11,982 13,491
Total, gross unrealized losses (2,286) (160)
Held-to-maturity securities:    
Less than 12 months, fair value 5,851 5,837
Less than 12 months, gross unrealized losses (811) (59)
12 months or longer, fair value 3,174 0
12 months or longer, gross unrealized losses (663) 0
Total held-to-maturity securities 9,025 5,837
Total, gross unrealized losses (1,474) (59)
Commercial MBS    
Available-for-sale securities:    
Less than 12 months, fair value 1,462 1,251
Less than 12 months, gross unrealized losses (324) (38)
12 months or longer, fair value 576 0
12 months or longer, gross unrealized losses (219) 0
Total, fair value 2,038 1,251
Total, gross unrealized losses (543) (38)
Held-to-maturity securities:    
Less than 12 months, fair value 1,360 318
Less than 12 months, gross unrealized losses (151) (5)
12 months or longer, fair value 207 0
12 months or longer, gross unrealized losses (37) 0
Total held-to-maturity securities 1,567 318
Total, gross unrealized losses (188) (5)
Other agencies    
Available-for-sale securities:    
Less than 12 months, fair value 28 140
Less than 12 months, gross unrealized losses (1) (1)
12 months or longer, fair value 52 0
12 months or longer, gross unrealized losses (8) 0
Total, fair value 80 140
Total, gross unrealized losses (9) (1)
Held-to-maturity securities:    
Less than 12 months, fair value 132  
Less than 12 months, gross unrealized losses (9)  
12 months or longer, fair value 0  
12 months or longer, gross unrealized losses 0  
Total held-to-maturity securities 132  
Total, gross unrealized losses (9)  
Total U.S. Treasury, federal agency, and other agency securities    
Available-for-sale securities:    
Less than 12 months, fair value 9,400 17,807
Less than 12 months, gross unrealized losses (1,466) (239)
12 months or longer, fair value 7,735 0
12 months or longer, gross unrealized losses (1,754) 0
Total, fair value 17,135 17,807
Total, gross unrealized losses (3,220) (239)
Held-to-maturity securities:    
Less than 12 months, fair value 10,622 7,608
Less than 12 months, gross unrealized losses (1,481) (84)
12 months or longer, fair value 4,192 0
12 months or longer, gross unrealized losses (857) 0
Total held-to-maturity securities 14,814 7,608
Total, gross unrealized losses (2,338) (84)
Municipal securities    
Available-for-sale securities:    
Less than 12 months, fair value 2,863 859
Less than 12 months, gross unrealized losses (226) (22)
12 months or longer, fair value 401 319
12 months or longer, gross unrealized losses (25) (11)
Total, fair value 3,264 1,178
Total, gross unrealized losses (251) (33)
Private-label CMO    
Available-for-sale securities:    
Less than 12 months, fair value 94 78
Less than 12 months, gross unrealized losses (8) (1)
12 months or longer, fair value 20 0
12 months or longer, gross unrealized losses (2) 0
Total, fair value 114 78
Total, gross unrealized losses (10) (1)
Asset-backed securities    
Available-for-sale securities:    
Less than 12 months, fair value 240 237
Less than 12 months, gross unrealized losses (20) (4)
12 months or longer, fair value 131 0
12 months or longer, gross unrealized losses (24) 0
Total, fair value 371 237
Total, gross unrealized losses (44) (4)
Corporate debt    
Available-for-sale securities:    
Less than 12 months, fair value 1,240 1,766
Less than 12 months, gross unrealized losses (229) (38)
12 months or longer, fair value 920 0
12 months or longer, gross unrealized losses (213) 0
Total, fair value 2,160 1,766
Total, gross unrealized losses $ (442) $ (38)