Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v2.4.0.8
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Investments, All Other Investments [Abstract]  
Carrying and fair values of financial instruments
The carrying values and fair values by fair value hierarchy of certain financial instruments where only a portion of the ending balance was carried at fair value at June 30, 2013 and December 31, 2012 are presented in the table below.

Fair Value of Financial Instruments
 
June 30, 2013
 
December 31, 2012
 
 
 
Fair Value
 
 
 
Fair Value
(Dollars in millions)
Carrying
Value
 
Level 2
 
Level 3
 
Total
 
Carrying
Value
 
Level 2
 
Level 3
 
Total
Financial assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans
$
876,510

 
$
103,060

 
$
787,877

 
$
890,937

 
$
859,875

 
$
105,119

 
$
772,761

 
$
877,880

Loans held-for-sale
14,549

 
11,329

 
3,220

 
14,549

 
19,413

 
15,087

 
4,321

 
19,408

Financial liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
1,080,783

 
1,081,110

 

 
1,081,110

 
1,105,261

 
1,105,669

 

 
1,105,669

Long-term debt
262,480

 
267,271

 
1,890

 
269,161

 
275,585

 
281,173

 
2,301

 
283,474