Name of institution: CIT Group Inc. Submission date: June 1, 2010 

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) FEB MAR APR Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) N/A N/A N/A

b. Total Originations N/A N/A N/A(1) Refinancings N/A N/A N/A(2) New Home Purchases N/A N/A N/A

2. Home Equity

a. Average Total Loan Balance N/A N/A N/Ab. Originations (New Lines+Line Increases) N/A N/A N/A

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

2010

1

c. Total Used and Unused Commitments N/A N/A N/A

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed N/A N/A N/A

b. New Account Originations (Initial Line Amt) N/A N/A N/A

c. Total Used and Unused Commitments N/A N/A N/A

4. Other Consumer

a. Average Total Loan Balance $9,570 $9,341 Consumer Lending assets consist primarily of our Student Lending business, which is in run‐off

mode and approximately 95% government guaranteed.

b. Originations $0 $0

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) FEB MAR APR Key 

1. C & Ia. Average Total Loan and Lease Balance $34,007 $33,006 Included in the C & I asset balances is approximately $10.9 Billion of operating leases

b. Renewal of Existing Accounts $2,419 $2,169 The Renewal of Existing Accounts is predominately from our Trade Finance business.

c. New Commitments $320 $352 The bulk of our new commitments were generated from Global Vendor Finance.

2. Commercial Real Estate

a. Average Total Loan and Lease Balance $261 $259 Some of our other businesses‐ Small Business Administration lending, and Energy financing, m

also have some of their loans secured by real estate. Those businesses are included in the

appropriate section of the report

b. Renewal of Existing Accounts $0 $0

c. New Commitments $0 $0

4. Small Business Loans3

a. Average Total Loan Balance $1,078 $1,107 

SCHEDULE C: MEMORANDA ‐ SMALL BUSINESS LENDING (Millions $)

2

g 

b. Originations $10 $12SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities N/A N/A N/Ab. Asset Backed Securities N/A N/A N/A

2. Secured Lending (Repo, PB, Margin Lending)

a. Average Total Matched Book (Repo/Reverse Repo)1 N/A N/A N/A

b. Average Total Debit Balances2 N/A N/A N/A3. Underwriting

a. Total Equity Underwriting N/A N/A N/Ab. Total Debt Underwriting N/A N/A N/A

Notes:3. Memoranda: these loans are already accounted for in either consumer lending, commercial lending, or a combination of both, and include loans guaranteed by the Small Business Administration and/or any other loans that are internally classified as small business loa

2. Applicable only for institutions offering prime brokerage or other margin lending services to clients.

1. Not applicable if matched book activity does not exceed $50 billion.

2
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  CIT Group Inc

Reporting month(s):  April 2010  

Submission date:  June 1, 2010

Person to be contacted regarding this report:   Peter Justini – 973‐422‐3678

PART II.  QUALITATIVE OVERVIEW

Please provide a brief overview of the intermediation activity during the month.  This discussion should

include a general commentary on the lending environment, loan demand, any changes in lending

standards and terms, and any other intermediation activity.

Transportation Finance – Business Aircraft

April’s market data was consistent with the trends: gradual decrease in inventories, continued pressure

on prices, and recovering flight operations.  Demand for new aircraft remains depressed with one major

manufacturer, Cessna Aircraft sitting at less than 70% sold out of production for 2010.  Gulfstream

Aerospace is in the strongest position of the major corporate aircraft original equipment manufacturers

with a large backlog in excess of $18B, but also reportedly experienced about $1B of contract defaults

since the beginning of the year.  New demand is one of the few areas not yet to show signs of a bounce

in 2010, but it is to be expected even if still two quarters away.  Used jet inventories dropped 20bps in

April to 12.3% of available fleet, comparable to the lowest level in six preceding quarters.  Average

asking prices declined 1.2% making the current average price 30% off the Q1 2008 peak, which

represented an overheated market at that time.  Flight operations reached their highest levels in 20

months with growth in activity consistently accelerating indicating improvement in the overall corporate

aircraft market.

Transportation Finance – Commercial Aircraft

The aircraft lease market appears to be improving modestly, albeit from very low levels, as air passenger

and freight traffic show signs of recovery.  Consistent with the previous months, CIT continues to

experience pressure on margins, reflecting lower lease rates on new deliveries and newly remarketed

aircraft.  CIT is focused on optimal deployment of assets, maintenance of critical relationships and

executing on opportunities for profitable growth.  Commercial air revenues remained strong for April as

a result of high asset utilization.   

Transportation Finance – Rail Cars

While market conditions have stabilized (weekly rail loadings have improved), weak car loadings and

improved train speeds have resulted in significant excess capacity in the rail network; approximately

27% of the North American fleet is being stored as carriers and shippers continue to reduce costs and

rationalize fleet size.  In this market environment, the goal for many companies is to sacrifice rate to

keep rail cars on lease to mitigate storage and freight charges, as well as position the fleet for industry

turn around.   

Leveraged Finance (relative to the Transportation Sector)

The leveraged finance transaction flow in our core aerospace and transportation markets is showing

signs of a significant increase across the spectrum of deal types: acquisition‐related, re‐financings and

dividend recapitalizations.  The increase in merger and acquisition loans has been particularly strong.   

The leveraged loan market has become more active as the high yield bond market has been negatively

impacted by the global credit market decline caused in large part by the weakness in Europe.  High yield

bond spreads have increased to a point where senior loans for core middle market issuers look relatively

more attractive for the first time in several months.

1
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  CIT Group Inc

Reporting month(s):  April 2010  

Submission date:  June 1, 2010

Person to be contacted regarding this report:   Peter Justini – 973‐422‐3678

Corporate Finance / Loan Syndication

Leveraged loan issuance increased to $26B in April from $20B in March; despite the slight pick‐up in

M&A activity, new issuance continues to be dominated by re‐financings.

Despite an estimated $13B in loan deals in marketing, investor demand continues to outpace supply

with $14B of institutional repayments in April versus $15B the prior month.  This has driven more

favorable pricing and terms for borrowers, with all‐in yields in the 5.0% ‐ 5.5% range across the market

and in the 7.0% range for smaller middle market loans and the return of some covenant transactions.

High yield issuance cooled to $30B in April from $36B in March, but this was still the 3rd highest volume

ever and year to date issuance of $100B is triple the 2009 level.

CIT’s portfolio performance continues its stabilizing trend of recent months but sales growth and capital

expenditure commitments remain weak.

Trade Finance

Conditions in the marketplace have changed somewhat from the previous month; loan demand from

our continuing client base is down compared with last year and demand from new clients has

significantly decreased.  Loan pricing has been coming down and after the return to higher standards

that we have commented on for a number of months, we have seen a loosening of terms and structures

(i.e. loan documentation, covenants and collateral perfection).  

   

Vendor Finance

CIT’s Vendor Finance’s “VF” lending levels are down as economic conditions remain soft and as a result

of seasonality.  Overall economic conditions continue to contribute to soft sales by our vendor partners.  

Consolidation of funding sources within the global vendor markets has increased the overall demand for

VF type products and services.  CIT’s April volume decreased 23% versus March primarily driven by

activity in Europe, US and South Pacific.  

CIT’s losses (charge offs + specific reserves) increased 10% in April compared to March.  The slow down

on restructure requests from customers continued in April and early stage delinquency trends continue

to be stable and continue to improve in the majority of the regions.

Traditional syndication investors (one off deals and portfolio acquisitions) are being careful and

opportunistic on their investments and have moved to a “flight to quality”; investors are looking for:

• Investment grade deals  

• Focused on mid to large ticket transactions (no small ticket), resulting in higher margins  

• Opportunistic pricing

2
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  CIT Group Inc

Reporting month(s):  April 2010  

Submission date:  June 1, 2010

Person to be contacted regarding this report:   Peter Justini – 973‐422‐3678

As for the macroeconomics across the Vendor Finance business segments, CIT is seeing/ experiencing

the following:

• Canada – While the economy performed better than anticipated in the last quarter of 2009 with

real GDP growth of 5% (annualized rate), the 2010 outlook is for moderate growth of 3% ‐3.5%.

This moderation is due to changes in drivers of the current growth namely personal

expenditures and investment in residential structures. The elimination of a Federal home

renovation tax credit in January could negatively impact consumer spending. Also the output

bolstered by increase in US demand in the later half of 2009 is forecasted to decrease since the

US growth appears to have been driven by temporary factors such as investment in inventories

and fiscal stimulus programs as captioned by recent reports from TD Bank. The anticipated

moderation of GDP growth and with the inflation rate currently at the projected target of 2%,

the Canadian Central Bank in Q1 decided to keep interest rates at their current low levels and is

expected to maintain current rates through the end of Q2 when a rate hike is forecasted. A

stabilized unemployment rate at the beginning of Q1 and an increase in exports in comparison

to imports are positive signs for 2010 GDP growth.  

• Latin American – While the overall regional economy contracted by 1% in 2009, the anticipation

is for GDP growth of about 2.5% in 2010 according to forecast by Moody’s. Brazil is forecasted to

top the region with the highest GDP growth for the period at 5.5% ‐6.5 %. Growth in Brazil is

mainly the result of recoveries experienced in the commodities market and an increase in

domestic demand. The resulting inflationary concerns caused by this growth pattern sparked

the intervention of the Brazil central bank which tightened monetary policy in Q1 by increasing

minimum reserve requirements by 2% and is anticipated to increase interest rates in Q2. Even

Mexico which experienced a 6.7 % decline in GDP for 2009 heavily impacted by economic

contraction in U.S. is forecasted to for GDP growth of about 3%‐4% in 2010 as outlined by a

recent S&P report. This growth is based on the improvement in the U.S economy (Mexico’s

largest export market) and a better pricing benchmark for Crude Oil (Mexico’s largest export)

among others.

• Europe UK –  Core European Countries (France, Germany, UK) are now showing GDP growth and

stabilization however concern remains that if government spending / subsidies are cut too soon

there could be a return to negative growth. UK GDP increased by .3% in Q4, ending the

recession in the UK (statistically). 2010 is forecasted to have positive GDP with approximately

0.3% growth in 2010. Unemployment continues to remain high across the region.  Speculation

by the credit ratings agencies suggests that the banking systems in Portugal, Italy, Spain, Ireland

and Britain could all be hurt by a widening debt crisis. This speculation could create debt

contagion fear with broader ramifications.

• US ‐ US Economic conditions continue to indicate recovery but with ongoing weaknesses.

Unemployment remains high at 9.7% and consumer sentiment continues to be weak. Unlike

previous recessions it is unlikely that the US consumer will lead the recovery due to high

unemployment, reductions in income and net worth. However, Business spending has improved

with businesses investing in new equipment and technology. January industrial output increased

0.9% followed by 0.1% in February. February results were impacted by particularly harsh

3
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  CIT Group Inc

Reporting month(s):  April 2010  

Submission date:  June 1, 2010

Person to be contacted regarding this report:   Peter Justini – 973‐422‐3678

weather in most parts of the US. The stock markets have just passed the one year mark from the

low point with the Dow increasing 55%. At the March Federal Open Market Committee meeting

the Federal Reserve announced rates would remain at low rates as inflation remains tame and

short term GDP growth will be low. CEO Confidence Index and the Composite of Leading

Economic Indicators have both continued to increase for 3 and 4 quarters respectively. Semi‐

Conductor demand though improving moderately slightly last quarter. Clearly a recovery is in

progress but it remains to be seen how robust it will be.

Small Business Lending

The volume of loans funded in April 2010 increased from the previous month but new applications

dropped as many small business owners may have been preoccupied with tax preparation.  

After lagging mostly positive economic developments, there was a positive shift in small business

owners’ confidence in April. The improved confidence resulted in a larger percentage capital

expenditures plan over the next year based on improving sales and earnings; this should strengthen

sagging loan demand.  

General creditworthiness of small businesses remains poor but is also beginning to show some

improvement. Illustratively, the business bankruptcy rate dropped 7%; as consumer spending drives

higher sales, creditworthiness will benefit commensurately.

The SBA secondary market is providing liquidity to lenders. Pricing for the guaranteed portion of 7(a)

loans is attractive to sellers and to investors seeking low risk assets. In addition, the $30B Small Business

Loan Fund proposed by the administration appears to be gaining momentum.

Consumer spending, which drives most small businesses, registered strong growth despite stubbornly

high unemployment. Consumer confidence which rose in April is still fragile and could be damaged by

the recent uptick in the unemployment rate and developments in Europe. The economic environment

for small business is unclear based on these factors.

Consumer Lending

Higher Education Loan Authority of the State of Missouri (Mohela) priced its second student loan

transaction for 2010

3⁄4 The $822.5MM 5.72yr AAA notes priced at L+85bps compared to Mohela’s late January print of

L+105bps for a $761.4MM 6.89yr AAA note

3⁄4 Despite the weakness in markets, the AAA note priced at a level comparable to similarly

structured Federal Family Education Loan Program asset‐backed securities transactions

Secondary markets were strained and saw a significant widening in spreads. However, investors remain

cash‐rich and are employing a wait‐and‐see approach to opportunistically enter the market

4
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  CIT Group Inc

Reporting month(s):  April 2010  

Submission date:  June 1, 2010

Person to be contacted regarding this report:   Peter Justini – 973‐422‐3678

5

The private loan portfolio delinquency performance month over month, as well as Charge offs were

down significantly. Q2 losses are tracking at 60% of the Q1 losses on improved collection effectiveness

on our career loans and graduate loans.  The Consumer unsecured portfolio continues to liquidate

quickly and finance receivable is now below $90M. The charge‐off and delinquency numbers continues

to show a positive trend month over month and we expect the trend to continue.  
Name of institution: Citigroup Submission date: May 28, 2010 Person to be c

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) FEB MAR APR Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $131,308 $129,446 $127,074 Consists of residential whole loans. Excludes assets classified as trading assets that are not part of

the core mortgage portfolio.

b. Total Originations $3,525 $3,905 $3,214 Originations includes new loans whether for refinancing of an existing home or the purchase of a

home. It does not include troubled debt restructurings which usually includes a restructuring of

terms and not additional extensions of credit.

(1) Refinancings $1,897 $2,098 $1,813 If on a refinancing, amounts were added to the existing loan balance, the total amount of the new

loan is reported. Originations include both loans originated for the balance sheet as well as loans

originated for sale.

(2) New Home Purchases $341 $438 $463

2. Home Equity

a. Average Total Loan Balance $59,106 $58,408 $57,778 Includes HELOC and 2nd mortgages.

b. Originations (New Lines+Line Increases) $113 $104 $72 If a line is increased, only the amount of the increase is included in originations. If we originated a

new HELOC or 2nd, we included the amount drawn in the Ending and Average Balances, and we

included the total new line in originations.

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

End of period fir

and held for inv

decreased due t

Home equity loans 

and are included in 

mediation efforts a

who have contacte

deemed to be at ri

mediation efforts. 

were modified.

2010

1

c. Total Used and Unused Commitments $75,158 $73,887 $72,961

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed $132,393 $128,317 $126,917 Balances do not include commercial card activity.

b. New Account Originations (Initial Line Amt) $5,319 $5,057 $5,121

c. Total Used and Unused Commitments $749,435 $736,088 $730,389

4. Other Consumer

a. Average Total Loan Balance $70,784 $70,003 $69,429 Includes auto, student and personal loans. Student loans includes related deferred fees and lines

of credit with schools (which are secured by student loans).

b. Originations $770 $818 $792

Average balance

Originations are 

Purchase sales w

receivables were 

Total used and u

Citi’s expanded 

and up .5% vs. M

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) FEB MAR APR Key 

1. C & Ia. Average Total Loan and Lease Balance $43,040 $45,212 $45,335 Renewals and new commitments are on a facility basis. Facilities may include L/Cs. Renewals

represent credit facilities that expired/matured and were renewed during the period.

b. Renewal of Existing Accounts $513 $3,472 $2,213

c. New Commitments $1,013 $3,466 $1,7692. Commercial Real Estate

a. Average Total Loan and Lease Balance $23,267 $23,813 $23,176 Renewals and new commitments are on a facility basis. Facilities may include L/Cs. Renewals

represent credit facilities that expired/matured and were renewed during the period.

b. Renewal of Existing Accounts $26 $112 $89

c. New Commitments $132 $1,416 $68SCHEDULE C: MEMORANDA ‐ SMALL BUSINESS LENDING (Millions $)

4. Small Business Loans3

a. Average Total Loan Balance $9,781 $9,569 $9,446

New commitme

Average balance

Renewal of exist

The decrease in 

2

b. Originations $98 $84 $56SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities $1,580 ‐$3,699 ‐$5,636 Does not include maturities and pay downs. Net Purchased Volume is reported using cost basis.

b. Asset Backed Securities $402 $929 ‐$6752. Secured Lending (Repo, PB, Margin Lending)

a. Average Total Matched Book (Repo/Reverse Repo)1 $147,686 $168,200 $156,341 Average Total Matched Book (Repo/Reverse Repo) is before FIN 41 netting. Includes security

lending activity.

b. Average Total Debit Balances2 $15,169 $14,932 $15,053

3. Underwriting

a. Total Equity Underwriting $10 $50 $63 Equity Underwriting represents Citi's portion of underwritten issue.

b. Total Debt Underwriting $8,416 $14,684 $12,083 Debt underwriting represents Citi's portion of underwritten issue and extensions of credit to

finance specific individual Community Development projects that are in bond form.

Industry stats inclu

1. 77 High Yield de

2. 144 Investment 

3. 76 Equity and Lin

Volumes decline

Notes:3. Memoranda: these loans are already accounted for in either consumer lending, commercial lending, or a combination of both, and include loans guaranteed by the Small Business Administration and/or any other loans that are internally classified as small business loans.

2. Applicable only for institutions offering prime brokerage or other margin lending services to clients.

1. Not applicable if matched book activity does not exceed $50 billion.

2
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:    Citigroup

Reporting month(s):    April 2010   

Submission date:    May 28, 2010

Person to be contacted regarding this report:   Carol Hayles or Peter Bieszard

1

PART II.  QUALITATIVE OVERVIEW

Please provide a brief overview of the intermediation activity during the month.  This discussion should

include a general commentary on the lending environment, loan demand, any changes in lending

standards and terms, and any other intermediation activity.

Company description:  Citigroup Inc. (“Citi”) does business in the United States through Citibank, Citi

Institutional Clients Group, The Citi Private Bank, CitiFinancial, CitiMortgage and Citi Cards.   

All data cited below reflect comparisons to March 2010, unless otherwise noted.

Consumer Lending:  Citi originated $9.2 billion in new loans to U.S. consumers and small business in

April, down 7 percent from March.  Despite continued moderate improvement in the U.S. economy and

job gains across many sectors in April, unemployment rose to 9.9 percent, from 9.7 percent in March.

First mortgage loan originations in April totaled $3.2 billion, down 18 percent from March.  Average

mortgage loan balances declined moderately to $127 billion, or less than 2 percent.  Average balances

were impacted by moderate reductions in investment loans, while “held for sale” loans remained

relatively flat month‐to‐month.

In April, average home equity loan balances were $57.8 billion, down 1 percent from March balances.  

Used and unused commitments totaled $73 billion, down more than 1 percent from the prior month.

As in previous months, Citi continued to expand participation in its loss mitigation efforts and programs

focused on helping homeowners facing financial difficulty to modify their loans.  Through initiatives like

the Citi Homeownership Assistance Program, the CitiFinancial Home Affordable Mortgage Program and

the Home Affordable Mortgage Program, Citi modified approximately 16,500 first mortgage and home

equity loans with a total value of approximately $2.9 billion.

In April, Citi issued new credit card lines totaling $5.1 billion, up more than 1 percent from March.  

Purchase sales increased 1 percent from the prior month and were down 10 percent compared with

April 2009.  Average total card balances declined moderately to $126.9 billion or 1 percent from March.

Card members continued to participate in Citi’s expanded eligibility forbearance programs in April.  

More than 129,000 card members enrolled in these programs during the month, compared with

152,000 in March.  Total balances covered by Citi’s forbearance programs increased less than 1 percent

on a month‐to‐month basis, and rose 35 percent from the prior year period.  

Originations in other consumer lending categories decreased 3 percent from March to $792 million,

reflecting seasonal decreases in student loan disbursements.
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:    Citigroup

Reporting month(s):    April 2010   

Submission date:    May 28, 2010

Person to be contacted regarding this report:   Carol Hayles or Peter Bieszard

2

Commercial Lending:  In April, Citi originated $16.3 billion in corporate loans, down 30 percent

compared with March.

New Commercial & Industrial (C&I) loan commitments totaled $1.8 billion, a decrease of 49 percent

from March.  Loan renewals totaled $2.2 billion, compared with $3.5 billion in the previous month.  

Average total C&I loan balances of $45.3 billion were flat month‐to‐month.   Renewal of existing

accounts was down due to the change of accounting standards covering consolidations.  The decrease in

new commitments was primarily due to lower merger and acquisition activity.  

In April, new Commercial Real Estate (CRE) loan commitments were $68.1 million, compared with $1.4

billion in March.  Loan renewals totaled $88.8 million, down 21 percent from the prior month.  Average

total CRE loan and lease balances were $23.2 billion, down 3 percent from March.   New commitments

were down reflecting lower deal volume.   

Other Intermediation Activities:  Citi recorded net sales of $6.3 billion in mortgage‐ and asset‐backed

securities (MB S/ABS) in April.  MBS activity reflected a decrease in customer demand for agency bonds.

Citi’s total debt underwriting was $12.1 billion in April, a decrease of 18 percent month‐to‐month that

reflected lower deal volumes and lower average principal per deal.  High yield underwriting activity

included 77 deals totaling $31.9 billion, compared with 79 transactions with a cumulative value of $43.1

billion in March.  Citi lead managed 10 high yield deals with an aggregate value of $1.7 billion.  In April,

Citi also participated in 144 investment grade transactions with an aggregate value of $37.8 billion,

compared with 274 deals totaling $94.1 billion in March.  Citi lead managed 23 of these transactions

with a total value of $4.1 billion.  Citi participated in 76 equity and linked deals with an aggregate value

of $18.6 billion in April, compared with 93 deals totaling $22.7 billion in March.  Citi lead managed 10 of

these deals with a total value of $1.0 billion.   
Name of institution: Fifth Third Bancorp Submission date: May 27, 2010 Person to be c

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) FEB MAR APR Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $10,230 $10,175 $10,136 Average balance consists of 1‐4 family residential mortgage loans consistent with the classification

of the FR Y9C report. This includes loans held for sale and held for investment.

b. Total Originations $990 $1,527 $1,359(1) Refinancings $737 $1,084 $856(2) New Home Purchases $254 $443 $503

2. Home Equity

a. Average Total Loan Balance $11,763 $11,652 $11,628 Average balance consists of HELOC and HELOAN accounts consistent with the classification of the

FR Y9C report.

b. Originations (New Lines+Line Increases) $72 $104 $119

Total origination

activity and $50

Fifth Third exten

2010

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

1

c. Total Used and Unused Commitments $19,646 $19,576 $19,772

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed $2,213 $2,155 $2,138 Average balance consists of US cards for consumer obligors only, consistent with the classification

of the FR Y9C report. Business cards are included in C&I balances.

b. New Account Originations (Initial Line Amt) $54 $74 $79

c. Total Used and Unused Commitments $10,794 $11,910 $11,957

4. Other Consumer

a. Average Total Loan Balance $10,636 $10,655 $10,574 Average balance consists of auto and other consumer loans and leases consistent with the

classification of the FR Y9C report.

b. Originations $344 $458 $375

Other consumer 

decrease of app

April new credit 

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) FEB MAR APR Key 

1. C & Ia. Average Total Loan and Lease Balance $27,765 $27,807 $27,678 Average balance consists of non‐real estate commercial loans and leases consistent with the

classification of the FR Y9C report. This includes business cards.

b. Renewal of Existing Accounts $1,610 $2,550 $1,472 Includes renewed funded loans and renewed commitments.

c. New Commitments $732 $3,668 $1,980 Includes new commitments both funded and unfunded

2. Commercial Real Estate

a. Average Total Loan and Lease Balance $17,285 $17,169 $16,948 Average balance consists of real estate secured commercial loans consistent with the classification

of the FR Y9C report.

b. Renewal of Existing Accounts $392 $964 $350 Includes renewed funded loans and renewed commitments.

c. New Commitments $102 $288 $86 Includes new commitments both funded and unfunded

4. Small Business Loans3

a. Average Total Loan Balance $5,186 $5,141 $5,077 Small business loans are those classified as small business under standards established by Fifth

Third Bank. These loans are already presented within the C&I and CRE categories. Thus, this

disclosure is a subset of schedule B items 1 and 2.

New C&I commi

2010 due to sea

March 2010 at $

New CRE comm

Renewal levels f

Small Business c

March 2010.

SCHEDULE C: MEMORANDA ‐ SMALL BUSINESS LENDING (Millions $)

2

b. Originations $246 $372 $246SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities $472 $0 ‐$60 Consists of MBS purchases less sales for the month.

b. Asset Backed Securities $0 $0 $0 Consists of ABS purchases less sales for the month.

2. Secured Lending (Repo, PB, Margin Lending)

a. Average Total Matched Book (Repo/Reverse Repo)1 NA NA NA

b. Average Total Debit Balances2 NA NA NA3. Underwriting

a. Total Equity Underwriting NA NA NA

b. Total Debt Underwriting $237 $356 $1,123

There has been 

subsequent rein

Notes:1. Not applicable if matched book activity does not exceed $50 billion.

3. Memoranda: these loans are already accounted for in either consumer lending, commercial lending, or a combination of both, and include loans guaranteed by the Small Business Administration and/or any other loans that are internally classified as small business loans.

2. Applicable only for institutions offering prime brokerage or other margin lending services to clients.

2
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  Fifth Third Bancorp

Reporting month(s):  April 2010  

Submission date:  May 27, 2010

Person to be contacted regarding this report: Blane Scarberry

1

PART II.  QUALITATIVE OVERVIEW

Please provide a brief overview of the intermediation activity during the month.  This discussion should

include a general commentary on the lending environment, loan demand, any changes in lending

standards and terms, and any other intermediation activity.

Commercial sections

CRE:  Average CRE balances decreased by approximately 1.3% in April 2010 compared to March 2010.  

New CRE commitments originated in April 2010 were $86 million, compared to $288 million in March

2010.  Renewal levels for existing accounts decreased in April 2010 to $350 million versus March 2010 at

$964 million.  Payments and dispositions of troubled CRE outpaced the volume of renewals and new

originations in April causing the overall balances to continue to decline.  As commercial vacancy rates

continue to increase, Fifth Third continues to monitor the CRE portfolios and continues to suspend

lending on new non‐owner occupied properties and on new homebuilder and developer projects in

order to manage existing portfolio positions.  We feel this is prudent given that we do not believe added

exposure in those sectors is warranted given our expectation for continued elevated loss trends in the

performance of those portfolios.

C&I:  Average C&I balances decreased by approximately 0.5% in April 2010 compared to March 2010.  

New C&I commitments originated in April 2010 decreased to $2.0 billion compared to $3.7 billion in

March 2010 due to season trends.  Renewal levels for existing accounts in April 2010 of $1.5 billion were

down from March 2010 at $2.6 billion.  Lending in the Commercial segment continues to qualified

borrowers exhibiting average risk or better.  Continued emphasis is placed on prudent underwriting and

demonstrated ability to repay as well as industry segment.  Loan inquiries have begun to slowly

increase, but we are continuing to see caution from our C & I customers as they attempt to gauge the

actual strength of the recovery which to this point has been influenced by geography.   Business

investment growth has begun to increase; however, not all of that investment requires debt financing.  

In general, customers continue to remain deleveraged and liquid through reduced inventories versus

expanding operations and purchasing equipment.   

The primary market for syndicated credit and large corporate deals has seen a modest increase in 2010.  

Given a cautionary outlook for the economy and uncertainty in global markets, many companies

continue to defer plans for significant capital expenditures and inventory increases, which in turn has

reduced the need for large, new financing.  Financing for merger and acquisition activity has continued

to remain relatively slow.  Terms and covenants continue to be somewhat tighter than usual, which has

also served to constrain demand.  Credit spreads have narrowed somewhat in recent months, including
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  Fifth Third Bancorp

Reporting month(s):  April 2010  

Submission date:  May 27, 2010

Person to be contacted regarding this report: Blane Scarberry

2

the non‐investment grade rating categories, which could favorably impact volume if spreads continue to

fall.

Small Business:  Average Small Business balances decreased by approximately 1.2% in April 2010

compared to March 2010.  Small Business commitments originated in April 2010 were $246 million,

which was down from $372 million in March 2010.  Demand for Small Business credit has been in a

relatively stable range with a slight bias to run off over new production.  Business Banking loan

originations continue to be made using prudent underwriting standards.     

Overall, average total commercial loan and lease balances were down 0.8% in April 2010 compared to

March 2010.  We continue to actively work out problem loans and receive principal payments from

borrowers, which more than offset new loan volume in the month of April 2010.  

Consumer section

Consumer:  April 2010 overall loan volume for non‐mortgage consumer credit (home equity, credit card

and auto) was down compared to March 2010 given a decrease in auto credit demand.

April 2010 mortgage lending continued to be driven by attractive interest rates.  Total originations for

the month totaled approximately $1.4 billion driven by $856 million of refinancing activity and $503

million of new home purchases.  We also extended $119 million of new home equity lines of credit

during the month.

April new credit card extensions were $79 million, an increase over our $74 million of extensions in

March.  Other consumer loan originations, which include new car loans, were $375 million in April.  This

was a decrease of approximately $83 million from March.   

During the month of April, Fifth Third continued to monitor the need for prudent adjustments to

consumer lending standards, consistent with peer institutions as reported by the Federal Reserve and as

observed in the market.      

In April of 2010, Fifth Third’s portfolio of consumer loans and leases was flat relative to March 2010.   

Treasury section

There has been no purchase activity in ABS or MBS. The decline in MBS is due to pay downs received

with no subsequent reinvestment.
Name of institution: KeyCorp Submission date: 5/28/10 Person to be c

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) FEB MAR APR Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $3,083 $3,076 $3,085 First Mortgage includes loans secured by 1‐4 family residential properties including home equity

loans secured by first liens.

b. Total Originations $88 $152 $142 Total Originations include both portfolio and held‐for‐sale loan originations.

(1) Refinancings $47 $90 $69(2) New Home Purchases $40 $62 $73

2. Home Equity

a. Average Total Loan Balance $8,353 $8,330 $8,316 Home Equity includes home equity lines of credit only (Home equity loans secured by first liens are

included with First Mortgages above).

b. Originations (New Lines+Line Increases) $58 $83 $83

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

April application 

The April applica

experienced dur

2010

1

c. Total Used and Unused Commitments $16,283 $16,263 $16,236

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed N/A N/A N/A

b. New Account Originations (Initial Line Amt) N/A N/A N/A

c. Total Used and Unused Commitments N/A N/A N/A

4. Other Consumer

a. Average Total Loan Balance $10,190 $9,784 $9,485 Other Consumer includes all other non‐revolving consumer loans.

b. Originations $29 $20 $13

Application volu

and are up slight

funding of previo

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) FEB MAR APR Key 

1. C & Ia. Average Total Loan and Lease Balance $26,023 $25,510 $24,994 C & I includes lease financing receivables, commercial and industrial loans, agricultural loans, loans

to depository institutions and other nonconsumer loans.

b. Renewal of Existing Accounts $551 $1,028 $1,149 Renewals of existing accounts include outstanding balances and unused commitments for which

the terms were extended or changed. A renewed commitment may or may not have an active

draw.

c. New Commitments $337 $440 $513 New commitments include outstanding balances and unused commitments. Commitment

amounts exclude standby letters of credit.

2. Commercial Real Estate

a. Average Total Loan and Lease Balance $15,247 $15,028 $14,792 Commercial Real Estate includes construction and land loans, loans secured by multi‐family

residential properties and by other nonresidential properties.

b. Renewal of Existing Accounts $273 $560 $374 Renewals of existing accounts include outstanding balances and unused commitments for which

the terms were extended or changed. A renewed commitment may or may not have an active

draw.

c. New Commitments $25 $21 $23 New commitments include outstanding balances and unused commitments. Commitment

amounts exclude standby letters of credit.

4. Small Business Loans3

a. Average Total Loan Balance $3,186 $3,147 $3,125 Small Business includes loans guaranteed by the Small Business Administration ("SBA") and other

loans internally classified as small business loans.

CRE new loan de

extending and m

market. Manage

refinancing activ

financing these a

Although April lo

approval volume 

level for 2010, b

SCHEDULE C: MEMORANDA ‐ SMALL BUSINESS LENDING (Millions $)

In April, new loa

experienced sinc

down slightly fro

2

b. Originations $39 $59 $74SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities ‐$244 $342 $921 April mortgage backed securities ("MBS") net purchased volume includes $1.2 billion in purchases

and $288 million in sales, paydowns, calls and maturities.

b. Asset Backed Securities $0 $0 $02. Secured Lending (Repo, PB, Margin Lending)

a. Average Total Matched Book (Repo/Reverse Repo)1 N/A N/A N/A

b. Average Total Debit Balances2 N/A N/A N/A3. Underwriting

a. Total Equity Underwriting $104 $41 $137 Represents KeyCorp's equity underwriting commitments.

b. Total Debt Underwriting $103 $412 $179 Represents KeyCorp's taxable and municipal debt underwriting commitments.

KeyCorp was the 

compared to the 

deals totaling $1

were high yield 

The purchase of 

April supports Ke

, 

2009 renewal vo

Notes:3. Memoranda: these loans are already accounted for in either consumer lending, commercial lending, or a combination of both, and include loans guaranteed by the Small Business Administration and/or any other loans that are internally classified as small business loans.

2. Applicable only for institutions offering prime brokerage or other margin lending services to clients.

1. Not applicable if matched book activity does not exceed $50 billion.

2
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  KeyCorp

Reporting month(s):  April 2010

Submission date:  5/28/10

Person to be contacted regarding this report:  Robert L. Morris

1

PART II.  QUALITATIVE OVERVIEW

Please provide a brief overview of the intermediation activity during the month.  This discussion should

include a general commentary on the lending environment, loan demand, any changes in lending

standards and terms, and any other intermediation activity.

Cleveland‐based KeyCorp is one of the nation's largest bank‐based financial services companies, with

consolidated total assets of approximately $95 billion at March 31, 2010.  Through KeyBank and certain

other subsidiaries, KeyCorp provides a wide range of retail and commercial banking, commercial leasing,

investment management, consumer finance, and investment banking products and services to

individual, corporate and institutional clients through two major business groups, Community Banking

and National Banking.  The Community Banking group serves consumers and small to mid‐sized

businesses through the company's 14‐state branch network, which is organized into three internally

defined geographic regions:  Rocky Mountains and Northwest, Great Lakes, and Northeast.  The National

Banking group includes those corporate and consumer business units that operate nationally, within and

beyond KeyCorp's 14‐state branch network, as well as internationally.     

General

Overall commercial loan demand increased slightly in April from the March level, largely driven by

increases in Institutional C & I Lending portfolio.  Commercial Real Estate (“CRE”) loan demand remains

weak overall, with some increased activity experienced in the Small Business portfolio.  Overall,

consumer loan applications are down from the year‐ago levels.   Consumer branch‐based loan

application volumes increased in April over the March levels, with a decline experienced in the mortgage

application volume.

Consumer

Continuing with the spring borrowing season, branch‐based application volume increased 11% over the

March level.  The largest application volume increases are in non‐home equity loan products, potentially

reflecting a shift in consumer demand for loan products.  Overall, April consumer application volume

remains below the year‐ago levels by 15%.   

There were no material changes in KeyCorp’s underwriting standards in April.

C & I

The C&I new loan approval volume continues to improve modestly.  The Institutional Bank segment

experienced its strongest approval volume in nearly a year in April, while the approval volumes in the

Middle Market, Business Banking and Leasing segments were in line with recent improving trends.  
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  KeyCorp

Reporting month(s):  April 2010

Submission date:  5/28/10

Person to be contacted regarding this report:  Robert L. Morris

2

Commercial Real Estate

There was no change in the real estate loan demand trend in the CRE segment during April.  The CRE

market outlook continues to be weak.  New originations were in Middle Market, Business Banking and

Commercial Auto Specialty segments.  

During April, KeyCorp continued to extend and modify existing credits given the lack of liquidity and

refinancing options available in the CRE market.  While the renewal volume fell to $374 million from the

March level of $560 million, a similar reduction in renewals was experienced in April 2009.  

Approximately 82% of the renewal volume, totaling $305 million, was related to performing commercial

and multifamily development projects for which refinancing options remain constrained.  For CRE

development projects, KeyCorp has created a fixed‐rate 3‐5 year loan program to modify and extend

qualifying loans for existing customers.  In the Institutional CRE portfolio, most real estate investment

trusts (“REITs”) have issued additional capital and reduced debt levels over the last two quarters,

allowing their credit lines to be modified and extended.   

Small Business

Although April loan approvals declined approximately 20% from the March level, the April approval

volume was the third highest since October 2008.  Over the past several months, KeyCorp is

experiencing a slight increase in small business firms investing in their owner‐occupied real estate.  

Owner‐occupied real estate is one of the core credit products within the Small Business portfolio.  SBA

activity continues to represent 30% of the Small Business loan approval volume in 2010, as compared to

19% in 2009 and 13% in 2008.  

Investment Portfolio

KeyCorp continues to use the securities available‐for‐sale portfolio to support strategies for managing

interest rate risk and liquidity.  In April, KeyCorp increased the size of its investment portfolio with the

purchase of an additional $1.2 billion of collateralized mortgage obligations issued by government‐

sponsored entities.   
Name of institution: Marshall & Ilsley Corporation Submission date: 05/28/10 Person to be c

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) FEB MAR APR Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $6,785 $6,736 $6,714 Includes all closed end residential RE; First Mortgages and Home Equity Loans (Approximately 80%

of Home Equity Loans are held in first position). This excludes construction and vacant land loans

which are included in the Commercial Real Estate section as average loan balances.

b. Total Originations $117 $192 $192 1‐4 Family Residential Mortgage Originations ‐ includes loans held by M&I Portfolio and loans

originated to be sold into the secondary market. This excludes construction and vacant land loans

which are included in the Commercial Real Estate section as new commitments.

(1) Refinancings $79 $123 $99(2) New Home Purchases $39 $69 $93

2. Home Equity

a. Average Total Loan Balance $2,707 $2,685 $2,664 Includes Home Equity Lines only.

b. Originations (New Lines+Line Increases) $56 $63 $65

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Mortgage origin

seasonally typic

year is attribute

and amortizatio

Home Equity ba

month; howeve

2010

1

c. Total Used and Unused Commitments $4,884 $4,857 $4,827

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed $279 $274 $278 Includes Consumer Card only.

b. New Account Originations (Initial Line Amt) $5 $6 $6

c. Total Used and Unused Commitments $1,302 $1,303 $1,305

4. Other Consumer

a. Average Total Loan Balance $2,047 $1,996 $1,984 Includes consumer PRA & LOCs. Subcategories include Auto Leases, Dealer Finance, Personal,

Securities Loans, and Student Loans.

b. Originations $49 $74 $65 Includes Additional Notes and Refinances to existing customers and notes to new customers.

Average Loan Ba

month but were 

Average Balance

month‐over‐mo

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) FEB MAR APR Key 

1. C & Ia. Average Total Loan and Lease Balance $12,688 $12,569 $12,359 Includes A/R and Inventory, Dealer Commercial, Agricultural, IRB's and Muni, and Commercial

Leases.

b. Renewal of Existing Accounts $127 $68 $127 Renewals include renewal of existing accounts where new money is requested, terms are

modified, or new master line is established.

c. New Commitments $51 $51 $68 Includes New Loans to New Customers and Unused Commitments to C&I (Also includes Unused

Commitments to: Finance Agricultural Production and Other).

2. Commercial Real Estate

a. Average Total Loan and Lease Balance $19,018 $18,889 $18,566 Includes Business Purpose 1‐4 and Construction, Development, & Vacant Land (Commercial and

Residential).

b. Renewal of Existing Accounts $52 $54 $39 Renewals include renewal of existing accounts where new money is requested, terms are

modified, or new master line is established.

c. New Commitments $46 $54 $23 Includes New Loans to New Customers and Unused Commitments for CRE (Also includes Unused

Commitments to: New Construction, Land Development and Other Land; Farmland; 1‐4 Family

Residential Properties; Multi‐Family (5 or more) Residential Properties).

4. Small Business Loans3

a. Average Total Loan Balance $3,379 $3,342 $3,309 Includes SBA‐guaranteed loans and Business Loans & Commitments < $1 million to customers with

Revenue < $1 million. Excludes Letters of Credit.

Continuing with 

led by Construct

Construction an

average balance

Average Balance

April origination

again ran lower 

SCHEDULE C: MEMORANDA ‐ SMALL BUSINESS LENDING (Millions $)

Average balance

reduce capital e

infrastructure, a

2

b. Originations $18 $22 $11SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities $39 $194 $1 Includes Mortgage Backed security purchase activities net of any security MBS sale activities,

within the consolidated investment holdings. At Qtr‐end this may also include Traded‐not‐settled

transactions.

b. Asset Backed Securities $0 $0 $02. Secured Lending (Repo, PB, Margin Lending)

a. Average Total Matched Book (Repo/Reverse Repo)1 N/A N/A N/A

b. Average Total Debit Balances2 N/A N/A N/A3. Underwriting

a. Total Equity Underwriting N/A N/A N/A

b. Total Debt Underwriting N/A N/A N/A

g 

economic condit

Notes:3. Memoranda: these loans are already accounted for in either consumer lending, commercial lending, or a combination of both, and include loans guaranteed by the Small Business Administration and/or any other loans that are internally classified as small business loans.

2. Applicable only for institutions offering prime brokerage or other margin lending services to clients.

1. Not applicable if matched book activity does not exceed $50 billion.

2
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  Marshall & Ilsley Corporation

Reporting month(s):  April 2010  

Submission date:  05/28/2010

Person to be contacted regarding this report:  Gregory A. Smith

1

PART II.  QUALITATIVE OVERVIEW

Please provide a brief overview of the intermediation activity during the month.  This discussion should

include a general commentary on the lending environment, loan demand, any changes in lending

standards and terms, and any other intermediation activity.

Marshall & Ilsley Corporation (M&I) is a diversified financial services corporation headquartered in

Milwaukee, Wisconsin.  M&I Marshall & Ilsley Bank is the largest Wisconsin‐based bank, with 192 offices

throughout the state.  In addition, M&I has 53 locations throughout Arizona; 32 offices in Indianapolis

and nearby communities; 36 offices along Florida’s west coast and in central Florida; 15 offices in Kansas

City and nearby communities; 26 offices in metropolitan Minneapolis/St. Paul, and one in Duluth, Minn.;

and one office in Las Vegas, Nev.  M&I’s Southwest Bank subsidiary has 17 offices in the greater St. Louis

area.  

The communities and customers M&I serves continue to face impacts from current recessionary

conditions of the economy.  Nonetheless, M&I extended approximately $280 million of new credit to

new and existing customers in April for a total of over $7.4 billion since the infusion of CPP capital in

mid‐November 2008 (The “new credit” amount includes new and expanded extensions of credit, or

commitments to extend credit, as well as renewals of existing credit where a new promissory note was

executed).  Additionally, M&I has continued with a franchise‐wide foreclosure abatement program

designed to keep families in their homes, including a foreclosure moratorium on certain owner‐occupied

residential loans through June 30, 2010.  

In Commercial and Industrial loans, loan demand continues to be weak across all of our markets.  

Economic uncertainty has resulted in borrowers reducing capital expenditures, delaying investment in

infrastructure (plants and equipment) and experiencing lower inventories and receivables, all of which

influence customer borrowing needs.

In Commercial Real Estate, Construction and Development concentrations continue to decline in‐line

with our corporate goal of reducing credit exposure in this sector.  Economic uncertainty has resulted in

increased challenges for customers across a variety of sectors including retail, office and hospitality.  

Commercial Real Estate average balances are expected to continue contracting due to portfolio

amortization.

In Residential Real Estate, we are primarily utilizing secondary market options to effectively address the

demand for fixed rate mortgage originations and selectively using the balance sheet for adjustable rate

mortgages.  Mortgage originations were effectively flat from March to April, with an increase in

purchase activity, as is seasonally typical, offsetting a decrease in refinance activity.  The Average Loan

Balance decline year‐over‐year is attributed to originations being sold in the secondary market, periodic

sales of non‐performing loans and amortization of the portfolio.  
Name of institution: Regions Financial Corporation Submission date: May 28, 2010 

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $)

1. First Mortgage Feb Mar Apr Key 

a. Average Loan Balance (Daily Average Total Outstanding) $16,183 $16,047 $16,078 First and second residential 1‐4 family mortgages, including residential mortgages held 

b. Total Originations $393 $573 $597 Loan originations designated for the secondary market and those to be held in portfoli

Regions' balance sheet.

(1) Refinancings $212 $289 $255 Total originations designated as refinance status.

(2) New Home Purchases $181 $284 $342 Total originations designated as new purchase status.

2. Home Equity

a. Average Total Loan Balance $15,241 $15,128 $15,045 Average balances include Home Equity loans and HELOCs.b O i i ti (N Li Li I ) $70 $102 $113 N H E it l li d i

2010

TREASURY MONTHLY INTERMEDIATION SNAPSH

b. Originations (New Lines+Line Increases) $70 $102 $113 New Home Equity loans, lines and increases.

c. Total Used and Unused Commitments $25,339 $25,211 $25,063 Total portfolio of Home Equity loans and funded and unfunded HELOCs. Funded portio

included in average balance above.

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed N/A N/A N/A N/A ‐ Regions Financial Corp is an Agent Bank.

b. New Account Originations (Initial Line Amt) N/A N/A N/Ac. Total Used and Unused Commitments N/A N/A N/A

4. Other Consumer

a. Average Total Loan Balance $4,064 $3,696 $3,493 Includes consumer direct, indirect, other revolving (i.e., overdraft lines) and student loa

for sale.

b. Originations $117 $120 $96 Includes direct and student lending origination activity.

1
SCHEDULE B: COMMERCIAL LENDING (Millions $)

1. C & I Feb Mar Apr Key 

a. Average Total Loan and Lease Balance $34,276 $33,995 $33,845 Average outstanding funded balances (net of deferred fees and costs) for commercial r

loans and leases. Also includes owner‐occupied commercial real estate mortgage and

construction loans made to operating businesses.

b. Renewal of Existing Accounts $1,156 $1,557 $2,272 Renewal of existing funded and unfunded commitments for commercial and owner‐occ

real estate related loans based upon posting date of renewal. Also includes letters of c

c. New Commitments $714 $691 $948 New funded and unfunded commitments for commercial and owner‐occupied real estate related 

based upon posting date of the commitment. Also includes letters of credit and leases. Variable R

Demand Note (VRDN) fundings are excluded from new commitment activity.

2. Commercial Real Estatea. Average Total Loan and Lease Balance $21,606 $21,184 $20,566 Average outstanding funded balances (net of deferred fees and costs) for commercial i

owned real estate related loans. Also includes Commercial loans held for sale.

b. Renewal of Existing Accounts $1,046 $1,295 $943 Renewal of existing funded and unfunded commitments for commercial investor‐owne

estate related loans based upon posting date of renewal. Also includes letters of credi

c. New Commitments $28 $97 $27 New funded and unfunded commitments for commercial investor‐owned real estate related loans 

upon posting date of the commitment. Also includes letters of credit. Variable Rate Demand Note 

fundings are excluded from new commitment activity.

SCHEDULE C: MEMORANDA ‐ SMALL BUSINESS LENDING (Millions $)

4. Small Business Loans3

a. Average Total Loan Balance $13,639 $13,424 $13,322 Average outstanding funded balances (net of deferred fees and costs) for commercial and commercial real esta

loans made to small business clients, which we generally define as clients with revenues up to $10 million. The

are reflected as components of C&I, Commercial Real Estate and First Mortgage reported above.

b. Originations $487 $606 $583 New and renewed production of funded and unfunded commitments made to small bu

clients, which we generally define as clients with revenues up to $10 million. These ori

are reflected as components of C&I and Commercial Real Estate reported above.

SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities $1,919 $0.4 $0.5 Net purchase volume as captured in bond accounting system. Reflects settlement date

b. Asset Backed Securities $0 $0 $0

2. Secured Lending (Repo, PB, Margin Lending)

a. Average Total Matched Book (Repo/Reverse Repo)1 N/A N/A N/A

b. Average Total Debit Balances2 $814 $825 $819 Reflects average margin receivables as recorded on the general ledger.

3. Underwriting

Ttl E it U d iti $21 $49 $78 Ttl it d iti ti it R t Ri ' ti i ti t 

a. Total Equity Underwriting $21 $49 $78 Total equity underwriting activity. Represents Regions' participation percentage.

b. Total Debt Underwriting $821 $1,371 $1,015 Debt issuances delivered monthly. Represents Regions' participation percentage.

Notes:3. Memoranda: these loans are already accounted for in either consumer lending, commercial lending, or a combination of both, and include loans guaranteed by the Small Business Administration and/or any other loans that are internally classified as small 

2. Applicable only for institutions offering prime brokerage or other margin lending services to clients.

1. Not applicable if matched book activity does not exceed $50 billion.

2
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution: Regions Financial Corporation

Reporting month(s):    April 2010      

Submission date:  May 28, 2010

Person to be contacted regarding this report:  David Turner, Chief Financial Officer

1

PART II.  QUALITATIVE OVERVIEW

Please provide a brief overview of the intermediation activity during the month.  This discussion should

include a general commentary on the lending environment, loan demand, any changes in lending

standards and terms, and any other intermediation activity.

I. Company Description

Regions Financial Corporation (“Regions” or the “Company”) is a financial holding company

headquartered in Birmingham, Alabama, which operates throughout the South, Midwest and Texas.

Regions provides traditional commercial, retail and mortgage banking services, as well as other financial

services in the fields of investment banking, asset management, trust, securities brokerage, insurance

and other specialty financing.  At March 31, 2010, Regions had total consolidated assets of

approximately $137 billion.   

Regions conducts its banking operations through Regions Bank, its brokerage and investment banking

business through Morgan Keegan & Company, Inc. (“Morgan Keegan”), and its insurance brokerage

business through Regions Insurance Group, Inc.

II. Overall Summary  

In April, new and renewed commitments increased by $0.6 billion to $5.0 billion for the month, and

average balances were down $1.0 billion from March to $89.0 billion.

The month over month increase in new and renewed commitments was driven by a $0.7 billion increase

in C&I renewals and a $0.3 billion increase in new commitments in C&I.

III. Consumer Lending

A. Mortgage Lending

The mortgage division originated mortgage loans totaling $597 million in April 2010.  Overall production

increased 4.2% from the prior month.  New purchase originations increased from the prior month 20%,

and refinancing activity decreased 12%.  The increase in purchase activity was due in part to borrowers

taking advantage of the new home tax credit prior to its April 30th expiration.  Application activity in

April decreased 6.2% as compared to prior month.

Regions’ mortgage division rolled out the U.S. Treasury sponsored Home Affordable Refinance Program

(HARP) in late March 2009, which provides borrowers who have an existing loan owned or securitized by

Fannie Mae or Freddie Mac, the ability to refinance to more beneficial financing terms with no new or

additional mortgage insurance required, even if their current loan‐to‐value ratio is higher than it was on

the original loan.  The loan‐to‐value ratio can not exceed 125%.  April originations included

approximately $38 million related to 221 loans refinanced under the Home Affordable Refinance

Program.
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution: Regions Financial Corporation

Reporting month(s):    April 2010      

Submission date:  May 28, 2010

Person to be contacted regarding this report:  David Turner, Chief Financial Officer

2

Regions’ has implemented the U. S. Treasury sponsored Home Affordable Modification Program (HMP)

for FNMA/FHLMC loans serviced by Regions. This program is designed to assist mortgage borrowers who

have an existing loan owned or securitized by Fannie Mae or Freddie Mac, and who are in imminent

danger of default or are already in default to obtain modified financing terms prescribed by the

program.  On March 26, 2010, the U.S. Treasury announced program modifications to the existing HMP

program.  These program modifications are designed to expand flexibility for mortgage servicers and

originators to assist more unemployed homeowners and to help more people who owe more on their

mortgage than their home is worth because their local markets saw large declines in home values.  The

government is expected to provide details on the program changes by this fall.  Once detailed guidelines

are received, Regions will review them and implement as applicable for FNMA/FHLMC loans serviced by

Regions.  In accordance with the program guidelines, Regions has distributed approximately 1,402

modification packages to eligible borrowers subject to a ninety‐day trial period. The first modifications

under this program were seen in July 2009.  In the month of April, Regions completed 115 modifications

totaling $16.9 million in unpaid principal.  Regions currently services approximately $20.6 billion of

Fannie Mae and Freddie Mac mortgages.  

B. Home Equity Lending

Home Equity production increased 10% in April to $113 million. The increase in production can be

attributed to the April Loan Focus week that included activities such as pre‐approved equity mailings

and corresponding call lead lists to the branches, branch call nights, increased lending advertising spend,

and lender refresher training for the sales force. While up over prior month, Home Equity Lending

production is 4% below same period prior year.

Overall Home Equity average balances declined $83.3 million or 0.6% in April to $15.0 billion.  The

HELOAN portfolio declined $27 million, 1.6%, while HELOC balances declined $56.4 million, 0.42%,

reflecting portfolio paydowns in excess of production.

C. Other Consumer Lending

Overall, Other Consumer Lending balances decreased 6% in April compared to March primarily driven by

the continued run‐off in the Indirect Lending portfolio and routine student loan sales.   

D. Customer Assistance Program

Regions’ continues to work to meet the unique needs of financially troubled borrowers to stem

foreclosures and keep customers in their homes. Well before the full effects of the credit crisis were

realized, Regions launched an extensive Customer Assistance Program (CAP) for troubled borrowers.  As

unemployment levels continue to be elevated and the housing crisis lingers our goal remains the same ‐ 

to ensure customers who encounter financial difficulty know they have options and that Regions wants

to work with them.
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution: Regions Financial Corporation

Reporting month(s):    April 2010      

Submission date:  May 28, 2010

Person to be contacted regarding this report:  David Turner, Chief Financial Officer

3

As a result, Regions has taken steps including renegotiating the terms of mortgages and home equity

loans, keeping families in their homes and allowing Regions to maintain a foreclosure rate well below

industry average for residential first mortgages.  Overall, the number of Regions first mortgage loans in

the foreclosure process is less than half the national average. (1.95% for Regions vs. 4.58% nationally in

the fourth quarter of 2009.)  Since inception of the program, Regions has restructured more than $2.1

billion in mortgages, including $23 million in April 2010. Regions has assisted more than 29,000

homeowners with solutions. 

In addition, Regions introduced the U.S. Treasury sponsored Home Affordable Modification Program for

loans serviced on behalf of Fannie Mae and Freddie Mac back in late March.  To date, we have initiated

1,402 trial period modifications for $216 million, and of those, 814 have been completed for $124

million.

IV. Commercial Lending

A.  Commercial and Industrial Lending

Loan demand remained soft in April as the stagnant economy continues to drive more conservative

leverage positions.  Outstanding loan balances were down in April as compared to March levels.  

Commercial line utilization rates were flat in April as compared to March.

In the middle market, client appetite for additional debt remains low.  Lower sales volumes have

resulted in lower inventory and accounts receivable financing requirements.  Businesses are less likely to

invest in or expand their operations given the current economic outlook.

  

Regions defines small business, in general, as clients with revenues up to $10 million.  Small business

lending activity is reflected within our Commercial and Industrial, Commercial Real Estate and First

Mortgage outstanding loan balances and production.   

Small businesses are experiencing lower working capital requirements resulting from lower sales

volumes and are reluctant to make capital investments given the current economic outlook.  As a result,

we are seeing small businesses build cash in their operating accounts.  Small business line utilization

rates increased slightly month over month.

B.  Commercial Real Estate Lending

The focus in commercial real estate lending continues to be on renewing and restructuring real estate

loans with existing clients versus active pursuit of new real estate loans.  Renewal activity includes loan

restructuring, remargining and repricing, consistent with the current credit quality of the sponsor, the

performance of the project and the current market.  As homebuilders sell existing inventory, we

continue to convert lot loans to residential construction loans, in turn, reducing our land and lot

portfolio.  
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution: Regions Financial Corporation

Reporting month(s):    April 2010      

Submission date:  May 28, 2010

Person to be contacted regarding this report:  David Turner, Chief Financial Officer

4

In April, new loan demand remained low.  Developers are reluctant to begin new projects or purchase

existing projects under current economic conditions.

V. Treasury Activities  

Management of interest rate risk is among the most fundamental tenets in banking.  Banking

institutions utilize the Available for Sale investment portfolio as a primary tool to balance the inherent

interest rate risk arising from core banking activities.  Agency Mortgage‐Backed securities provided an

efficient means to offset asset sensitivity and maintain the desired liquidity profile, while offering a

compelling risk adjusted return on the use of capital.  Mortgage‐Backed security activity in April totaled

$0.5 million, which consists of Agency Fixed‐Rate Mortgage‐Backed Products.

VI. Equity and Debt Activities at Morgan Keegan

The Morgan Keegan Equity underwriting market was robust in April. The industry leaders were

technology, finance, energy and healthcare. Morgan Keegan participated in 2 IPO’s and 3 follow‐on’s.  

April is busiest month in 2010 in terms of the number of transactions as well as dollars raised.  The new

issue market continues to build a backlog.  A year ago only four issuers had filed to bring their company

public.  Shelf registrations dropped off in April compared to March but April shelf filings exceeded both

January and February.  The volume was a little lower than expected in the Morgan Keegan Debt

underwriting department due primarily to the low industry‐wide municipal issuance in April.  We expect

volume to increase in May, and then begin to taper off as summer approaches.
Name of institution: SunTrust Banks, Inc. Submission date: 05/28/10 Person to be c

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) FEB MAR APR Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $31,413 $31,429 $31,659 Consists of (1‐4 family) residential whole loans and closed end loans secured by junior liens

originated as part of a home purchase or refinance transactions. Includes loans retained in

SunTrust's loan portfolio and loans currently recorded in loans held for sale.

b. Total Originations $1,515 $2,217 $2,368 Includes all loans originated or purchased by SunTrust through the Retail and Wholesale channels.

Volumes include all activity regardless of whether the loans are retained in the loan portfolio, or

recorded in loans held for sale and ultimately sold to a third party.

(1) Refinancings $904 $1,246 $1,221(2) New Home Purchases $611 $971 $1,147

2. Home Equity

a. Average Total Loan Balance $17,392 $17,239 $17,164 Average balance, originations, and commitments include both Home Equity Lines and Home Equity

Loans.

b. Originations (New Lines+Line Increases) $97 $126 $131

Originations inc

by new home pu

and the impend

0.7% over March Average balance

2010

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

1

c. Total Used and Unused Commitments $32,742 $32,468 $32,215

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed $1,070 $1,065 $1,063 Purchases drawn against SunTrust consumer and commercial credit card lines of credit are booked

in the calendar month transacted.

b. New Account Originations (Initial Line Amt) $12 $14 $15 SunTrust issues both commercial and consumer credit card lines of credit. New line commitments

are recognized when approved and cards are issued.

c. Total Used and Unused Commitments $4,089 $4,021 $3,975 This is the line commitment total for all credit card accounts of record.

4. Other Consumer

a. Average Total Loan Balance $12,620 $12,704 $12,785 Average balances and originations include student loans, direct installment loans (auto and non‐

auto), indirect installment loans (auto and marine), and unsecured personal credit lines.

b. Originations $573 $563 $578

Average balance

April origination

March.

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) FEB MAR APR Key 

1. C & Ia. Average Total Loan and Lease Balance $33,553 $33,227 $33,078 Includes average outstandings for Commercial & Industrial loans and leases extended to small

business, commercial, middle market, and large corporate clients.

b. Renewal of Existing Accounts $778 $1,328 $887 Renewals represent credit facilities and stand‐alone notes that matured and were renewed during

the reporting period. Includes funded loans and unfunded commitments, but does not include

letters of credit or derivatives.

c. New Commitments $1,063 $1,286 $924 Includes new facilities, stand‐alone notes, and leases extended to new or existing clients. Reflects

both funded loans and unfunded commitments. Does not include takedowns under existing

commitments, letters of credit, or derivatives.

2. Commercial Real Estate

a. Average Total Loan and Lease Balance $21,581 $21,389 $21,070 Includes commercial loans secured by owner occupied or non‐owner occupied real estate.

Includes loans extended for real estate financing as well as loans made for other purposes and

collateralized by real estate.

b. Renewal of Existing Accounts $201 $349 $198 Renewals represent credit facilities and stand‐alone notes that matured and were renewed during

the reporting period. Includes funded loans and unfunded commitments, but does not include

letters of credit or derivatives.

c. New Commitments $124 $228 $163 Includes new facilities and stand‐alone notes extended to new or existing clients. Reflects both

funded loans and unfunded commitments. Does not include takedowns under existing

commitments, letters of credit, or derivatives.

4. Small Business Loans3

a. Average Total Loan Balance $5,244 $5,210 $5,173 Average balances and originations include loans originated in the business banking group which

includes loans guaranteed by the SBA. Business Banking primarily serves clients with annual sales

of $5 million or less.

Commercial rea

decreased comp

The persistent d

decreased from 

SCHEDULE C: MEMORANDA ‐ SMALL BUSINESS LENDING (Millions $)

Average loan ba

renewing credit 

2

of $5 million or less.

b. Originations $35 $48 $33SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities ‐$1,969 $508 $585 The numbers represent net purchase volume within the reporting period. These securities are

reported in SunTrust's available‐for‐sale and trading portfolios.

b. Asset Backed Securities $0 $0 $0 The numbers represent net purchase volume within the reporting period. These figures include

securities reported in SunTrust's available‐for‐sale and trading portfolios.

2. Secured Lending (Repo, PB, Margin Lending)

a. Average Total Matched Book (Repo/Reverse Repo)1 n/a n/a n/a SunTrust Bank has less than $50 billion in matched book repos. SunTrust Robinson Humphrey

“STRH”, an institutional broker dealer, is fully disclosed on the equity side through a third party

service provider and does not hold customer accounts.

b. Average Total Debit Balances2 n/a n/a n/a Although STRH self‐clears institutional fixed income transactions, STRH does not carry customer

accounts.

3. Underwriting

a. Total Equity Underwriting $36 $57 $46 Includes total dollars allocated to STRH in equity underwriting transactions that settled within the

reporting period.

b. Total Debt Underwriting $140 $763 $538 Includes total dollars allocated to STRH in investment grade fixed income, high yield fixed income,

and municipal debt underwriting transactions that settled within the reporting period.

In April, SunTrus

backed securitie

Total debt unde

underwriting of 

transactions for 

Notes:3. Memoranda: these loans are already accounted for in either consumer lending, commercial lending, or a combination of both, and include loans guaranteed by the Small Business Administration and/or any other loans that are internally classified as small business loans.

2. Applicable only for institutions offering prime brokerage or other margin lending services to clients.

1. Not applicable if matched book activity does not exceed $50 billion.

2
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  SunTrust Banks, Inc.

Reporting month(s):  April 2010  

Submission date: 5/28/10

Person to be contacted regarding this report:  Barry Koling

1

PART II.  QUALITATIVE OVERVIEW

Please provide a brief overview of the intermediation activity during the month.  This discussion should

include a general commentary on the lending environment, loan demand, any changes in lending

standards and terms, and any other intermediation activity.

SunTrust Banks, Inc., with total assets of $171.8 billion on March 31, 2010, is one of the nation’s largest

financial holding companies.  Through its banking subsidiaries, the Company provides deposit, credit,

trust, and investment services to a broad range of retail, business, and institutional clients. Other

subsidiaries provide mortgage banking, brokerage, investment management, equipment leasing, and

capital market services.  SunTrust operates 1,678 retail branches in Alabama, Arkansas, Florida, Georgia,

Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and the

District of Columbia.  In addition, SunTrust services clients in select markets nationally.   

Average loans in April, including loans held for sale, totaled $116.8 billion, down $234 million or 0.2%

from March.  These totals do not include loans extended to clients and sold to third parties.  This fact is

particularly relevant when considering the mortgage portfolio, since the majority of new originations

and refinanced mortgage loans are sold to third parties.    Total new loan originations, commitments,

and renewals extended to all borrowers in April totaled $5.3 billion, a decrease of 13.9% from March.  

Consumer Lending

Mortgage originations totaled $2.4 billion during April, representing a 6.8% increase from March.  Loans

funded for new home purchases in April increased by 18.1% relative to March, while refinancings

declined only 2.0% during the same period.   Factors influencing the increase in mortgage originations in

April included seasonality, attractive mortgage rates, and the impending deadline for a federal home‐

buyer’s tax credit.  Average mortgage balances increased by $230 million during April.  

Home equity borrowing remains stagnant as evidenced by the continuing fractional monthly decline of

both total commitments and outstanding balances over the last four months.   During April, total

commitments decreased $253 million while average funded balances decreased $75 million.   Both

changes represent relative decreases of less than 1% in comparison to March.  In April, new equity loan

and line originations increased for the fourth consecutive month to $131 million, but growth levels

remain constrained by the decline in home values and the generally reduced demand for credit.

Credit card balances represent a small percentage of SunTrust’s loan portfolio and drive a relatively

immaterial percentage of SunTrust’s total annual loan originations.  In April, new credit card originations

totaled $15 million, with $8 million related to new consumer accounts and $7 million related to new

business and corporate accounts.    

Other consumer loans are primarily composed of student, auto, and other loans.  April fundings for

indirect auto, student, and other consumer loans increased 2.7% from March, as April student loan

originations increased $47 million, or 41.7% from March due to seasonality associated with semester

tuition payments and student enrollments.  However, partially offsetting the increase in student loan

originations was indirect auto production which decreased $36 million, or 10.2% from March.  
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  SunTrust Banks, Inc.

Reporting month(s):  April 2010  

Submission date: 5/28/10

Person to be contacted regarding this report:  Barry Koling

2

Commercial Lending

Average C&I loan balances decreased $149 million, or 0.4% in April to $33.1 billion.  Renewals of existing

credit facilities and stand‐alone notes totaled $887 million in April, a decrease of 33.2% from March.  

New commitments and new funded loans also decreased in April by $362 million, a 28.1% decrease

compared to March.  C & I originations and renewals are often impacted by client timing preferences

and seasonality.  

Commercial Real Estate

Average Commercial Real Estate loans decreased $319 million, or 1.5%, compared to the March

average.  New residential home builder loan demand was negligible and demand for commercial

development projects remained low as property values remained depressed and investment activity was

limited.  Total Commercial Real Estate renewals and originations in April decreased $216 million, or

37.4%, compared to March activity.  The majority of originations were associated with large commercial

or corporate businesses.  During April, average balances of commercial real estate loans secured by

owner‐occupied real estate remained stable, while a decline in investor‐owned real estate loans drove

the decrease in average total commercial real estate balances.

Small Business Lending

Most small business loans are originated in the business banking group which primarily serves clients

with annual sales of $5 million or less.  In April, the average loan balance was $5.2 billion, down 0.7%

from March.  April originations decreased to $33 million.

Other Intermediation Activities

Beyond lending to consumers and businesses, SunTrust participates in various additional intermediation

activities.  In April 2010, SunTrust purchased an additional $585 million of U. S. government and agency

issued mortgage‐backed securities for the available for sale portfolio.

SunTrust participated in twenty‐one debt issues in April with a total notional value of $6.7 billion.  

SunTrust’s allocation of underwritten debt included $289 million in investment‐grade fixed‐income

issues, $123 million in municipal debt issues, and $126 million in high‐yield fixed‐income offerings,

which in the aggregate was $225 million below March totals.

In April, SunTrust participated in five equity offerings with a total notional value of $1.1 billion, of which

our allocation was $46 million.