Regions Bank 2009 Annual Report Download - page 196

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NOTE 25. PARENT COMPANY ONLY FINANCIAL STATEMENTS
Presented below are condensed financial statements of Regions Financial Corporation:
Balance Sheets
December 31
2009 2008
(In millions)
ASSETS
Cash and due from banks ..................................................... $ 11 $ 1
Interest-bearing deposits ...................................................... 4,050 4,767
Loans to subsidiaries ......................................................... 91 91
Securities available for sale .................................................... 46 67
Trading assets .............................................................. 22 19
Premises and equipment ...................................................... 69 78
Investments in subsidiaries:
Banks ................................................................. 16,273 14,559
Non-banks ............................................................. 1,814 1,761
18,087 16,320
Other assets ................................................................ 421 491
Total assets ........................................................ $22,797 $21,834
LIABILITIES AND STOCKHOLDERS’ EQUITY
Long-term borrowings ........................................................ $ 4,662 $ 4,687
Other liabilities ............................................................. 254 334
Total liabilities ............................................................. 4,916 5,021
Stockholders’ equity:
Preferred stock .......................................................... 3,602 3,307
Common stock .......................................................... 12 7
Additional paid-in capital ................................................. 18,781 16,815
Retained earnings (deficit) ................................................ (3,235) (1,869)
Treasury stock .......................................................... (1,409) (1,425)
Accumulated other comprehensive income (loss) .............................. 130 (22)
Total stockholders’ equity ..................................................... 17,881 16,813
Total liabilities and stockholders’ equity ................................. $22,797 $21,834
182