Quarterly report pursuant to Section 13 or 15(d)

OTHER SECURITIES (Tables)

v3.10.0.1
OTHER SECURITIES (Tables)
 9 Months Ended
Sep. 30, 2018
Investments, Debt and Equity Securities [Abstract]  
Schedule of Other Securities
 
September 30, 2018
 
December 31, 2017
(dollar amounts in millions)
Amortized
Cost
 
Fair Value
 
Amortized
Cost
 
Fair Value
Other securities, at cost
 
 
 
 
 
 
 
Non-marketable equity securities:
 
 
 
 
 
 
 
Federal Home Loan Bank stock
248

 
248

 
287

 
287

Federal Reserve Bank stock
295

 
295

 
294

 
294

Other securities, at fair value
 
 
 
 
 
 
 
Mutual funds
20

 
20

 
18

 
18

Marketable equity securities
1

 
2

 
1

 
1

Total other securities
$
564

 
$
565

 
$
600

 
$
600

Other securities are primarily composed of FHLB stock and FRB stock (which are carried at cost) and mutual funds and other marketable equity securities (which are carried at fair value, with changes in fair value recognized in other noninterest income). Other securities that are carried at cost are reviewed at least annually for impairment, with valuation adjustments recognized in other noninterest income.