SunTrust 2013 Annual Report Download - page 205
Download and view the complete annual report
Please find page 205 of the 2013 SunTrust annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195 -
196 -
197 -
198 -
199 -
200 -
201 -
202 -
203 -
204 -
205 -
206 -
207 -
208 -
209 -
210 -
211 -
212 -
213 -
214 -
215 -
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
 |
 |
Notes to Consolidated Financial Statements, continued
189
Fair Value Measurements
Using Significant Unobservable Inputs
(Dollars in millions)
Beginning
balance
January 1,
2012
Included
in
earnings OCI Purchases Sales Settlements
Transfers
to/from other
balance sheet
line items
Transfers
into
Level 3
Transfers
out of
Level 3
Fair value
December
31,
2012
Included in
earnings
(held at
December
31, 2012) 1
Assets
Trading assets
and derivatives:
CDO/CLO
securities $43 $11 $— $— $— ($2) $— $— $— $52 $9
ABS 5—— —— — — — — 5 —
Derivative
contracts, net 84 930
2
——— —(882) — — 132 —
Corporate and
other debt
securities 1 — — — — — — — — 1 —
Total trading
assets and
derivatives
133 941 3—— — (2)(882) — — 190 9 3
Securities AFS:
U.S. states and
political
subdivisions 58 — — — — (12) — — — 46 —
MBS - private 221 (7) 35 — — (40) — — — 209 (7)
ABS 16 — 7 — — (2) — — — 21 —
Corporate and
other debt
securities 5 — — 2 — (2)———5—
Other equity
securities 741 — — 164 — (272) — — — 633 —
Total securities
AFS 1,041 (7) 442 5166 — (328) — — — 914 (7)4
Residential
LHFS 1 — — — (11) — 4 22 (8)8 (1)6
LHFI 433 7 6———
(49)(15)4 (1) 379 11 6
Liabilities
Other liabilities 211 308
2, 4
(194)
7
31 — (325) — — — 31 —
1 Change in unrealized gains/(losses) included in earnings for the period related to financial assets still held at December 31, 2012.
2 Amounts included in earnings are net of issuances, fair value changes, and expirations and are recognized in mortgage production related income/(loss).
3 Amounts included in earnings are recognized in trading income.
4 Amounts included in earnings are generally recognized in net securities gains; however, any related hedge ineffectiveness is recognized in trading income.
5 Amounts recognized in OCI are recognized in change in net unrealized gains on securities, net of tax.
6 Amounts are generally included in mortgage production related income/(loss); however, the mark on certain fair value loans is included in trading income.
7 Amounts recognized in OCI are recognized in change in net unrealized gains on derivatives, net of tax, and are the effective portions of the cash flow hedges
related to the Company’s probable forecasted sale of its shares of Coke common stock as discussed in Note 16, “Derivative Financial Instruments.”