Quarterly report pursuant to Section 13 or 15(d)

Federal Funds Sold or Purchased, Securities Financing Agreements and Short-term Borrowings (Tables)

v2.4.1.9
Federal Funds Sold or Purchased, Securities Financing Agreements and Short-term Borrowings (Tables)
3 Months Ended
Mar. 31, 2015
Federal Funds Sold, Securities Borrowed or Purchased Under Agreements to Resell and Short-term Borrowings [Abstract]  
Federal Funds Sold Securities Borrowed Or Purchased Under Agreements To Resell And Short Term Borrowings
The table below presents federal funds sold or purchased, securities financing agreements, which include securities borrowed or purchased under agreements to resell and securities loaned or sold under agreements to repurchase, and short-term borrowings.

 
Three Months Ended March 31
 
Amount
 
Rate
(Dollars in millions)
2015
 
2014
 
2015
 
2014
Average during period
 
 
 
 
 
 
 
Federal funds sold and securities borrowed or purchased under agreements to resell
$
213,931

 
$
212,504

 
0.44
%
 
0.51
%
 
 
 
 
 
 
 
 
Federal funds purchased and securities loaned or sold under agreements to repurchase
$
214,722

 
$
204,804

 
0.94
%
 
1.03
%
Short-term borrowings
29,412

 
48,168

 
1.47

 
0.75

Total
$
244,134

 
$
252,972

 
1.01

 
0.97

 
 
 
 
 
 
 
 
Maximum month-end balance during period
 
 
 
 
 
 
 
Federal funds sold and securities borrowed or purchased under agreements to resell
$
226,502

 
$
219,181

 
 
 
 
 
 
 
 
 
 
 
 
Federal funds purchased and securities loaned or sold under agreements to repurchase
$
219,212

 
$
216,884

 
 
 
 
Short-term borrowings
33,270

 
51,409

 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2015
 
December 31, 2014
 
Amount
 
Rate
 
Amount
 
Rate
Period-end
 
 
 
 
 
 
 
Federal funds sold and securities borrowed or purchased under agreements to resell
$
206,708

 
0.42
%
 
$
191,823

 
0.47
%
 
 
 
 
 
 
 
 
Federal funds purchased and securities loaned or sold under agreements to repurchase
$
203,758

 
1.02
%
 
$
201,277

 
0.98
%
Short-term borrowings
33,270

 
2.00

 
31,172

 
1.47

Total
$
237,028

 
1.12

 
$
232,449

 
1.04

Securities Borrowed and Securities Purchased Under Agreements to Resell  
Offsetting Assets [Line Items]  
Offsetting Assets
Securities Financing Agreements
 
March 31, 2015
(Dollars in millions)
Gross Assets/Liabilities
 
Amounts Offset
 
Net Balance Sheet Amount
 
Financial Instruments
 
Net Assets/Liabilities
Securities borrowed or purchased under agreements to resell (1)
$
343,394

 
$
(136,686
)
 
$
206,708

 
$
(164,058
)
 
$
42,650

 
 
 
 
 
 
 
 
 
 
Securities loaned or sold under agreements to repurchase
$
340,431

 
$
(136,686
)
 
$
203,745

 
$
(165,035
)
 
$
38,710

Other
12,326

 

 
12,326

 
(12,326
)
 

Total
$
352,757

 
$
(136,686
)
 
$
216,071

 
$
(177,361
)
 
$
38,710

 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
Securities borrowed or purchased under agreements to resell (1)
$
316,567

 
$
(124,744
)
 
$
191,823

 
$
(145,573
)
 
$
46,250

 
 
 
 
 
 
 
 
 
 
Securities loaned or sold under agreements to repurchase
$
326,007

 
$
(124,744
)
 
$
201,263

 
$
(164,306
)
 
$
36,957

Other
11,641

 

 
11,641

 
(11,641
)
 

Total
$
337,648

 
$
(124,744
)
 
$
212,904

 
$
(175,947
)
 
$
36,957


(1) 
Excludes repurchase activity of $7.7 billion and $5.6 billion reported in loans and leases on the Consolidated Balance Sheet at March 31, 2015 and December 31, 2014.

Securities Loaned and Financial Assets Sold Under Agreements to Repurchase  
Offsetting Liabilities [Line Items]  
Offsetting Liabilities
Securities Financing Agreements
 
March 31, 2015
(Dollars in millions)
Gross Assets/Liabilities
 
Amounts Offset
 
Net Balance Sheet Amount
 
Financial Instruments
 
Net Assets/Liabilities
Securities borrowed or purchased under agreements to resell (1)
$
343,394

 
$
(136,686
)
 
$
206,708

 
$
(164,058
)
 
$
42,650

 
 
 
 
 
 
 
 
 
 
Securities loaned or sold under agreements to repurchase
$
340,431

 
$
(136,686
)
 
$
203,745

 
$
(165,035
)
 
$
38,710

Other
12,326

 

 
12,326

 
(12,326
)
 

Total
$
352,757

 
$
(136,686
)
 
$
216,071

 
$
(177,361
)
 
$
38,710

 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
Securities borrowed or purchased under agreements to resell (1)
$
316,567

 
$
(124,744
)
 
$
191,823

 
$
(145,573
)
 
$
46,250

 
 
 
 
 
 
 
 
 
 
Securities loaned or sold under agreements to repurchase
$
326,007

 
$
(124,744
)
 
$
201,263

 
$
(164,306
)
 
$
36,957

Other
11,641

 

 
11,641

 
(11,641
)
 

Total
$
337,648

 
$
(124,744
)
 
$
212,904

 
$
(175,947
)
 
$
36,957


(1) 
Excludes repurchase activity of $7.7 billion and $5.6 billion reported in loans and leases on the Consolidated Balance Sheet at March 31, 2015 and December 31, 2014.