Regions Bank 2010 Annual Report Download - page 207

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NOTE 24. PARENT COMPANY ONLY FINANCIAL STATEMENTS
Presented below are condensed financial statements of Regions Financial Corporation:
Balance Sheets
December 31
2010 2009
(In millions)
ASSETS
Cash and due from banks ..................................................... $ $ 11
Interest-bearing deposits in other banks .......................................... 3,848 4,050
Loans to subsidiaries ......................................................... 36 91
Securities available for sale .................................................... 36 46
Trading assets .............................................................. 26 22
Premises and equipment ...................................................... 65 69
Investments in subsidiaries:
Banks ................................................................. 15,719 16,273
Non-banks ............................................................. 1,670 1,814
17,389 18,087
Other assets ................................................................ 380 421
Total assets ........................................................ $21,780 $22,797
LIABILITIES AND STOCKHOLDERS’ EQUITY
Long-term borrowings ........................................................ $ 4,907 $ 4,662
Other liabilities ............................................................. 139 254
Total liabilities ............................................................. 5,046 4,916
Stockholders’ equity:
Preferred stock .......................................................... 3,380 3,602
Common stock .......................................................... 13 12
Additional paid-in capital ................................................. 19,050 18,781
Retained earnings (deficit) ................................................ (4,047) (3,235)
Treasury stock .......................................................... (1,402) (1,409)
Accumulated other comprehensive income (loss) .............................. (260) 130
Total stockholders’ equity ..................................................... 16,734 17,881
Total liabilitites and stockholders’ equity ................................. $21,780 $22,797
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