Annual report pursuant to Section 13 and 15(d)

Quarterly Information (Unaudited) (Tables)

v2.4.0.6
Quarterly Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
(dollars in millions)
 
For the Quarter Ended
 
Dec 31,
2012
 
Sep 30,
2012
 
Jun 30,
2012
 
Mar 31,
2012
 
 
Dec 31,
2011
 
Sep 30,
2011
 
Jun 30,
2011
 
Mar 31,
2011
Total revenues
$
7,255

 
$
6,419

 
$
6,969

 
$
6,672

 
 
$
5,545

 
$
8,075

 
$
9,303

 
$
10,259

Interest expense
1,605

 
1,732

 
1,854

 
1,907

 
 
1,840

 
2,202

 
2,390

 
2,353

Revenues, net of interest expense
5,650

 
4,687

 
5,115

 
4,765

 
 
3,705

 
5,873

 
6,913

 
7,906

Non-interest expenses
5,487

 
5,509

 
4,897

 
6,582

 
 
6,124

 
6,260

 
9,365

 
7,239

Pre-tax earnings (loss)
163

 
(822
)
 
218

 
(1,817
)
 
 
(2,419
)
 
(387
)
 
(2,452
)
 
667

Income tax (benefit) expense
(1,813
)
 
246

 
(770
)
 
(211
)
 
 
(1,606
)
 
(537
)
 
(1,020
)
 
219

Net earnings (loss)
$
1,976

 
$
(1,068
)
 
$
988

 
$
(1,606
)
 
 
$
(813
)
 
$
150

 
$
(1,432
)
 
$
448