Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v3.2.0.727
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Carrying and Fair Value 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, 2015 and December 31, 2014 are presented in the table below.

Fair Value of Financial Instruments
 
June 30, 2015
 
December 31, 2014
 
 
 
Fair Value
 
 
 
Fair Value
(Dollars in millions)
Carrying
Value
 
Level 2
 
Level 3
 
Total
 
Carrying
Value
 
Level 2
 
Level 3
 
Total
Financial assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans
$
848,196

 
$
72,467

 
$
791,875

 
$
864,342

 
$
842,259

 
$
87,174

 
$
776,370

 
$
863,544

Loans held-for-sale
6,914

 
5,984

 
930

 
6,914

 
12,836

 
12,236

 
618

 
12,854

Financial liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
$
1,149,560

 
$
1,149,966

 
$

 
$
1,149,966

 
$
1,118,936

 
$
1,119,427

 
$

 
$
1,119,427

Long-term debt
243,414

 
247,433

 
2,716

 
250,149

 
243,139

 
249,692

 
2,362

 
252,054