Fifth Third Bank 2014 Annual Report Download - page 127

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
125 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) 2014 2013 2012
Interest rate contracts:
Interest rate contracts for customers (contract revenue) Corporate banking revenue $ 19 29 30
Interest rate contracts for customers (credit losses) Other noninterest expense (3) (3) (2)
Interest rate contracts for customers (credit portion of fair value adjustment) Other noninterest expense 3 7 6
Interest rate lock commitments Mortgage banking net revenue 124 58 417
Commodity contracts:
Commodity contracts for customers (contract revenue) Corporate banking revenue 6 7 7
Commodity contracts for customers (credit portion of fair value adjustment) Other noninterest expense (7) - 2
Foreign exchange contracts:
Foreign exchange contracts - customers (contract revenue) Corporate banking revenue 72 69 65
Foreign exchange contracts - customers (credit portion of fair value adjustment) Other noninterest expense - (2) 2