SunTrust 2010 Annual Report Download - page 205
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SUNTRUST BANKS, INC.
Notes to Consolidated Financial Statements (Continued)
The components of AOCI at December 31 were as follows:
(Dollars in millions) 2010 2009 2008
Unrealized net gain on AFS securities $1,526 $1,160 $887
Unrealized net gain on derivative financial instruments 532 412 847
Employee benefit plans (442) (502) (753)
Total AOCI $1,616 $1,070 $981
Note 24 - Other Noninterest Expense
Other noninterest expense in the Consolidated Statements of Income/(Loss) includes:
Twelve Months Ended December 31
(Dollars in millions) 2010 2009 2008
Consulting and legal $84 $57 $59
Postage and delivery 83 84 90
Communications 64 67 70
Other staff expense 55 51 70
Operating supplies 47 41 44
Other expense 332 330 328
Total other noninterest expense $665 $630 $661
Note 25 - SunTrust Banks, Inc. (Parent Company Only) Financial Information
Statements of Income/(Loss) - Parent Company Only
(Dollars in millions) 2010 2009 2008
Income
From subsidiaries:
Dividends $28 $14 $1,068
Interest on loans 2326
Trading account gains/(losses) and commissions 44 (2) (72)
Other income 165 62 271
Total income 239 77 1,293
Expense
Interest on short-term borrowings 9834
Interest on long-term debt 228 273 309
Employee compensation and benefits (13) (46) (3)
Service fees to subsidiaries 215 12
Other expense 21 36 5
Total expense 247 286 357
Income/(loss) before income taxes and equity in undistributed income/(loss) of subsidiaries (8) (209) 936
Income tax benefit 12 97 40
Income/(loss) before equity in undistributed income/(loss) of subsidiaries 4(112) 976
Equity in undistributed income/(loss) of subsidiaries 185 (1,452) (180)
Net income/(loss) 189 (1,564) 796
Series A preferred dividends (7) (14) (22)
U.S. Treasury preferred dividends and accretion of discount (267) (266) (27)
Gain on repurchase of Series A preferred stock -94 -
Dividends and undistributed earnings allocated to unvested shares (2) 17 (6)
Net income/(loss) available to common shareholders ($87) ($1,733) $741
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