SunTrust 2015 Annual Report Download - page 105
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77
SunTrust Banks, Inc.
Consolidated Balance Sheets
December 31,
(Dollars in millions and shares in thousands, except per share data) 2015 2014
Assets
Cash and due from banks $4,299 $7,047
Federal funds sold and securities borrowed or purchased under agreements to resell 1,277 1,160
Interest-bearing deposits in other banks 23 22
Cash and cash equivalents 5,599 8,229
Trading assets and derivative instruments 16,119 6,202
Securities available for sale 227,825 26,770
Loans held for sale ($1,494 and $1,892 at fair value at December 31, 2015 and 2014, respectively) 1,838 3,232
Loans 3 ($257 and $272 at fair value at December 31, 2015 and 2014, respectively) 136,442 133,112
Allowance for loan and lease losses (1,752) (1,937)
Net loans 134,690 131,175
Premises and equipment, net 1,502 1,508
Goodwill 6,337 6,337
Other intangible assets (MSRs at fair value: $1,307 and $1,206 at December 31, 2015 and 2014, respectively) 1,325 1,219
Other assets 5,582 5,656
Total assets $190,817 $190,328
Liabilities
Noninterest-bearing deposits $42,272 $41,096
Interest-bearing deposits 107,558 99,471
Total deposits 149,830 140,567
Funds purchased 1,949 1,276
Securities sold under agreements to repurchase 1,654 2,276
Other short-term borrowings 1,024 5,634
Long-term debt 4 ($973 and $1,283 at fair value at December 31, 2015 and 2014, respectively) 8,462 13,022
Trading liabilities and derivative instruments 1,263 1,227
Other liabilities 3,198 3,321
Total liabilities 167,380 167,323
Shareholders’ Equity
Preferred stock, no par value 1,225 1,225
Common stock, $1.00 par value 550 550
Additional paid-in capital 9,094 9,089
Retained earnings 14,686 13,295
Treasury stock, at cost, and other 5(1,658) (1,032)
Accumulated other comprehensive loss, net of tax (460)(122)
Total shareholders’ equity 23,437 23,005
Total liabilities and shareholders’ equity $190,817 $190,328
Common shares outstanding 6508,712 524,540
Common shares authorized 750,000 750,000
Preferred shares outstanding 12 12
Preferred shares authorized 50,000 50,000
Treasury shares of common stock 41,209 25,381
1 Includes trading securities pledged as collateral where counterparties have the right to sell or repledge the collateral $1,377 $1,316
2 Includes securities AFS pledged as collateral where counterparties have the right to sell or repledge the collateral —369
3 Includes loans of consolidated VIEs 246 288
4 Includes debt of consolidated VIEs 259 302
5 Includes noncontrolling interest 108 108
6 Includes restricted shares 1,334 2,930
See accompanying Notes to Consolidated Financial Statements.