Fifth Third Bank 2013 Annual Report Download - page 128

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
126 Fifth Third Bancorp
The net gains (losses) recorded in the Consolidated Statements of Income relating to free-standing derivative instruments used for customer
accommodation are summarized in the following table:
For the year ended December 31 Consolidated Statements of
Income Caption
($ in millions) 2013 2012 2011
Interest rate contracts:
Interest rate contracts for customers (contract revenue) Corporate banking revenue $ 29 30 28
Interest rate contracts for customers (credit losses) Other noninterest expense (3) (2) (13)
Interest rate contracts for customers (credit portion of fair value adjustment) Other noninterest expense 7 6 13
Interest rate lock commitments Mortgage banking net revenue 58 417 206
Commodity contracts:
Commodity contracts for customers (contract revenue) Corporate banking revenue 7 7 8
Commodity contracts for customers (credit portion of fair value adjustment) Other noninterest expense - 2 -
Foreign exchange contracts:
Foreign exchange contracts - customers (contract revenue) Corporate banking revenue 69 65 47
Foreign exchange contracts - customers (credit portion of fair value adjustment) Other noninterest expense (2) 2 1