Name of institution: CIT Group Inc. Submission date: August 30, 2010 

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) MAY JUN JUL 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 $9,007 $8,839 $8,781 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 $0

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) MAY JUN JUL Key 

1. C & Ia. Average Total Loan and Lease Balance $32,009 $30,856 $30,259 Included in the C & I asset balances is approximately $10.9 Billion of operating leases

b. Renewal of Existing Accounts $2,062 $2,077 $2,233 The Renewal of Existing Accounts is predominately from our Trade Finance business.

c. New Commitments $335 $316 $259 The bulk of our new commitments were generated from Global Vendor Finance.

2. Commercial Real Estate

a. Average Total Loan and Lease Balance $254 $238 $206 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 $0

c. New Commitments $0 $0 $0

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

4. Small Business Loans3

a. Average Total Loan Balance $1,141 $1,132 $1,118 

2

g 

b. Originations $11 $7 $6SCHEDULE 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):  July 2010   

Submission date:  August 30, 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

Market indicators for corporate aviation dropped slightly in July after holding stable for the first half of

2010.  Absolute business conditions related to corporate aviation deteriorated slightly over 3% in one of

the composite industry reports reflecting weakened markets for all cabin classes of aircraft.  Used

business jet inventories declined by 1% in June and have dropped 12% compared to the peak of May

2009.  Estimated available inventories represent approximately 13% of the available fleet which is

approaching historical stabilization levels.  Younger aircraft models (0‐10 years old) declined by more

than 2% from May and are 18% lower than the peak last year.  New aircraft sales in the second quarter

as reported by the General Aviation Manufacturers Association (GAMA) reflect a drop in unit sales of

9.8% compared to Q2 2009 but an increase in billings.  Much of the increased dollar volume of sales was

driven by improving markets for larger cabin aircraft which is our primary target market.  Flight

operation cycles (takeoffs & landings) improved nearly 14% over the same period in 2009 and showed a

slight increase over June 2010.  Financing availability continues to reflect a steady incremental

improvement but with very limited market participants, especially on a global basis.

Transportation Finance – Commercial Aircraft

Airlines in Asia, the Middle East and Latin America reported rebounding passenger and cargo traffic

growth in July, while US carriers experienced higher load factors and yields on restrained capacity

growth and European airlines reported only marginal gains.  Second quarter earnings of a number of

publicly traded airlines were released in July with overall – although not uniform – improvement in

finances for many large global carriers.  Current aircraft production remains strong, but placement of

out of production and less fuel efficient types remains challenging.  CIT is focused on optimizing its

portfolio to reflect the current market and keeping a high level of asset utilization; maintaining critical

relationships with customers, manufacturers and financial partners; and executing on emerging

opportunities for profitable growth.  Commercial air revenues were impacted by defaults from two

customers but remained strong for July 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; over 23% 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 leasing companies continues to be to sacrifice

rate in order to keep rail cars on lease, mitigating storage and freight charges, as well as position the

fleet for industry turn around.  

Leveraged Finance (relative to the Transportation Sector)

The leveraged finance market was stable for July 2010.  There were few new transactions and pricing in

the secondary market was largely unchanged.  July saw a return of significant inflows into high yield

1
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  CIT Group Inc

Reporting month(s):  July 2010   

Submission date:  August 30, 2010

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

bond funds in general and the resulting increase in the issuance of high yield bonds.  Much of the high

yield issuances have been used to refinance senior bank debt.  Merger and acquisition activity in the

aerospace and defense sector in the second quarter of 2010 was down approximately 50% versus the

first quarter which contributed to the relatively slow quarter for leveraged finance loans.  Of those

transactions that were closed in the second quarter, all of the buyers were strategic industry buyers who

are less likely to require acquisition financing compared to financial buyers.  Private equity buyers,

however, continue to remain very active in the aerospace and defense sector.  

Corporate Finance / Loan Syndication

Following the bout of volatility that shook the capital markets in May and June, the leveraged loan and

high yield bond markets got back on track in July.  In fact, high yield bond issuance had its best July

volume on record, reaching $13.8 billion, and surpassing both May and June’s volume combined.  Total

leveraged loan volume also picked up in July to $14.3 billion, up from $10.5 billion in June.

The pace of loan defaults remained light in July, with two issuers defaulting on $584 million of

institutional loans.  With this, the default rate fell to a 20‐month low of 3.5% by principal amount and to

a 16‐month low of 4.9% by number of loans.  At the year‐to‐date pace, the default rate will end the year

at 2.0% by amount and 3.7% by number.  That is well within consensus estimate of 4.2% from buyside

accounts.  Most importantly, cash flow continues to grow, with EBITDA among leveraged issuers up 12%

on average in the second quarter.  

Trade Finance

Conditions in the marketplace are similar to the previous month; loan demand from our continuing

client base is down compared with last year and demand from new clients is significantly reduced.  Loan

pricing has been coming down and after the return to higher standards, we have seen a loosening of

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

Vendor Finance

Global Vendor Finance lending levels are down month over month. Economic conditions remain soft;

and, overall market conditions continue to contribute to soft sales by our vendor partners. We are

seeing signs of larger companies beginning to spend on necessary technology upgrades.

July’s loan demand volume decreased 23% versus June primarily due to the sale of our Australian and

New Zealand business at the end of June. New business continues to be soft in Europe and in Latin

America.

In terms of borrower creditworthiness, 60 days or more delinquency dollars decreased 7% in July as

compared to June; 60+ percentages also relatively flat (‐4 bps) in July compared to June.  Early stage

delinquency trends continue to be stable with a small increase of 2% in July compared to June.     

Small Business Lending

Small business lending’s loan volume for July was significantly below the June total. The decline reflects

continuing uncertainty surrounding proposed small business legislation that would reduce borrowing

2
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  CIT Group Inc

Reporting month(s):  July 2010   

Submission date:  August 30, 2010

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

3

costs under the Small Business Administration’s (SBA) primary loan programs. Consequently, customers

are delaying borrowing to avoid higher fees. This situation has affected the overall SBA market as well.  

Small business owners’ confidence weakened as the economic recovery is faltering. Illustratively,

unemployment remains at a very high level and second quarter gross domestic output is estimated to

have grown less than 3%. In addition to the economy, they are concerned about possible tax increases

and more regulations.  

Economic growth slowed to 2.4% in the second quarter from almost 4.0% in the first quarter. The

momentum previously provided by businesses building inventories and fiscal stimulus has subsided. At

the same time, consumer spending has not rebounded enough to take up the slack. Leading indicators,

however, do not point to a return to recession referred to as a double dip. Instead growth will be slow

but steady driven partly by business investment as companies use their large cash balances to update

equipment and software.

Consumer Lending

CIT experienced collection effectiveness in parts of our private loans portfolio, Q2 losses were down 30%

from Q1 losses.  We continue to see similar Q2 trends in the early part of Q3.

The Consumer unsecured portfolio continues to liquidate quickly and all metrics continue to perform to

expectations, with Q2 trends showing continued improvement over the previous quarter. Early Q3

performance continues to be positive.
Name of institution: Citigroup Submission date: August 31, 2010 Person to be c

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) MAY JUN JUL Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $125,184 $123,420 $120,909 Consists of residential whole loans. Excludes assets classified as trading assets that are not part of

the core mortgage portfolio.

b. Total Originations $3,085 $3,729 $4,775 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 $1,811 $2,004 $2,298 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 $444 $640 $571

2. Home Equity

a. Average Total Loan Balance $57,109 $56,491 $55,856 Includes HELOC and 2nd mortgages.

b. Originations (New Lines+Line Increases) $59 $105 $97 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.

End of period fir

loans, increased 

warehouse loan

loan repurchase

charge offs.

Home equity loans 

Citi's loss mediatio

mitigation efforts a

initiatives like the 

Affordable Mortga

approximately $3.0 

2010

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

1

c. Total Used and Unused Commitments $72,286 $71,487 $70,730

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed $125,613 $125,099 $124,523 Balances do not include commercial card activity.

b. New Account Originations (Initial Line Amt) $5,652 $6,249 $5,953

c. Total Used and Unused Commitments $723,590 $719,133 $716,280

4. Other Consumer

a. Average Total Loan Balance $68,463 $67,776 $67,180 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 $756 $630 $582

Average balance

Originations we

Purchase sales w

were down .4% 

Used and Unuse

Citi’s expanded 

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) MAY JUN JUL Key 

1. C & Ia. Average Total Loan and Lease Balance $20,221 $18,542 $17,756 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 $1,602 $3,944 $788

c. New Commitments $1,367 $898 $2,1532. Commercial Real Estate

a. Average Total Loan and Lease Balance $22,411 $21,944 $21,910 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 $77 $177 $60

c. New Commitments $128 $222 $475SCHEDULE C: MEMORANDA ‐ SMALL BUSINESS LENDING (Millions $)

4. Small Business Loans3

a. Average Total Loan Balance $9,367 $9,194 $9,068

New commitme

Average balance

Average balance

extended.

2

b. Originations $80 $72 $78SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities ‐$5,911 $2,710 $868 Does not include maturities and pay downs. Net Purchased Volume is reported using cost basis.

b. Asset Backed Securities  ‐$481 $446 $5632. Secured Lending (Repo, PB, Margin Lending)

a. Average Total Matched Book (Repo/Reverse Repo)1 $150,756 $157,426 $124,368 Average Total Matched Book (Repo/Reverse Repo) is before FIN 41 netting. Includes security

lending activity.

b. Average Total Debit Balances2 $14,790 $14,816 $14,312

3. Underwriting

a. Total Equity Underwriting $55 $52 $29 Equity Underwriting represents Citi's portion of underwritten issue.

b. Total Debt Underwriting $6,491 $5,213 $9,294 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. 29 High Yield de

2. 186 Investment 

3. 29 Equity and Lin

Volume declined 

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):    July 2010   

Submission date:    August 31, 2010

Person to be contacted regarding this report:   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 June 2010, unless otherwise noted.

Consumer Lending:  Citi originated $11.4 billion in new loans to U.S. consumers and small businesses in

July, up more than 6 percent from the prior month.  U.S. unemployment remained flat at 9.5 percent on

a month‐to‐month basis.

In July, first mortgage loan originations totaled $4.8 billion, up 28 percent from June.  Average mortgage

loan balances declined two percent month‐to‐month to $120.9 billion.  Held for sale loans increased $1

billion in July, but this was offset by a $1.2 billion decrease in loans held for investment.  

Average home equity loan balances were $55.9 billion, a decline of approximately 1 percent from June.  

Used and unused commitments totaled $70.7 billion, also down 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, CitiFinancial’s proprietary modification program and the

Home Affordable Mortgage Program, Citi modified approximately 15,800 first mortgage and home

equity loans with a total value of $3.0 billion in July.   

In July, Citi issued new credit card lines totaling just under $6.0 billion, down nearly 5 percent since June.  

Purchase sales were flat month‐to‐month and down 13 percent from June 2009.  Average total card

balances declined less than 1 percent to $124.5 billion.

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

than 120,000 card members enrolled in these programs during the month, compared with 121,000 in

June.  Total balances covered by Citi’s forbearance programs declined 1 percent on a month‐to‐month

basis, and were up 13 percent from the prior year period.  

Originations in other consumer lending categories decreased nearly 8 percent to $581.6 million,

primarily due to the elimination of certain student loan programs.
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:    Citigroup

Reporting month(s):    July 2010   

Submission date:    August 31, 2010

Person to be contacted regarding this report:   Peter Bieszard

2

Commercial Lending:  In July, Citi originated $12.8 billion in corporate loans, up nearly 22 percent

compared to June.

New Commercial & Industrial (C&I) loan commitments totaled $2.2 billion, an increase of nearly 140%

percent from June due to an increase in letters of credit issued to corporate clients.  Loan renewals in

July totaled $788 million, down 80 percent from June when refinancing volumes for maturing credit

facilities were significantly higher than normal.  Average total C&I loan balances were $17.8 billion, or 4

percent lower than June balances.   

New Commercial Real Estate (CRE) loan commitments were $475.4 million, an increase of 114 percent

from June due to new letters of credit.  Loan renewals totaled $60.1 million, down 66 percent month‐to‐

month.  Average total CRE loan and lease balances of $21.9 billion were flat compared to June.   

Other Intermediation Activities:  Citi recorded net purchases of $1.4 billion in mortgage‐ and asset‐

backed securities (MBS/ABS) in July, compared with $3.2 billion in June.  Volumes declined as a result of

a reduction in certain broker dealer positions and profitable trading opportunities.  

Citi’s total debt underwriting was $9.3 billion in July, an increase of 78 percent month‐to‐month that

reflects higher average principal per deal.  High yield underwriting activity included 29 deals totaling

$15.4 billion, compared with 18 transactions with a cumulative total of $7.5 billion in June.  Citi lead

managed 9 high yield deals with an aggregate value of $1.6 billion.  In July, Citi also participated in 186

investment grade transactions with an aggregate value of $59.9 billion, compared with 222 deals

totaling $57.1 billion in June.  Citi lead managed 18 of these transactions with a total value of $2.9

billion.  Citi also participated in 29 equity and linked deals with an aggregate value of $10.1 billion in

July, compared with 59 deals totaling $16.3 billion in June.  Citi lead managed 6 deals with a total value

of $1.2 billion.   
Name of institution: Fifth Third Bancorp Submission date: August 30, 2010 Person to be c

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) MAY JUN JLY Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $10,160 $10,263 $10,292 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 $1,192 $1,540 $1,476(1) Refinancings $671 $867 $1,047(2) New Home Purchases $521 $673 $428

2. Home Equity

a. Average Total Loan Balance $11,567 $11,496 $11,394 Average balance consists of HELOC and HELOAN accounts consistent with the classification of the

FR Y9C report.

b. Originations (New Lines+Line Increases) $76 $99 $65

Total origination

and $428 million 

Fifth Third also e

2010

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

1

c. Total Used and Unused Commitments $19,689 $19,558 $19,445

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed $2,125 $2,117 $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) $77 $102 $92

c. Total Used and Unused Commitments $11,916 $12,011 $12,109

4. Other Consumer

a. Average Total Loan Balance $10,522 $10,561 $10,708 Average balance consists of auto and other consumer loans and leases consistent with the

classification of the FR Y9C report.

b. Originations $384 $531 $573

Other consumer 

increase of appr

July new credit c

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) MAY JUN JLY Key 

1. C & Ia. Average Total Loan and Lease Balance $27,525 $27,442 $27,499 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 $1,782 $2,598 $1,759 Includes renewed funded loans and renewed commitments.

c. New Commitments $1,612 $1,714 $1,442 Includes new commitments both funded and unfunded

2. Commercial Real Estate

a. Average Total Loan and Lease Balance $16,843 $16,585 $16,261 Average balance consists of real estate secured commercial loans consistent with the classification

of the FR Y9C report.

b. Renewal of Existing Accounts $534 $1,160 $458 Includes renewed funded loans and renewed commitments.

c. New Commitments $148 $194 $106 Includes new commitments both funded and unfunded

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

4. Small Business Loans3

a. Average Total Loan Balance $5,032 $5,000 $4,966 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.

Small Business c

June 2010.New C&I commi

2010.New CRE comm

Renewal levels f

2

b. Originations $259 $429 $287SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities $0 $0 $831 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 $355 $974 $697

MBS purchases t

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):  July 2010   

Submission date:  August 30, 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 2.0% in July 2010 compared to June 2010.  New

CRE commitments originated in July 2010 were $106 million, compared to $194 million in June 2010.  

Renewal levels for existing accounts decreased in July 2010 to $458 million versus June 2010 at $1.16

billion.  Payments and dispositions of troubled CRE outpaced the volume of renewals and new

originations in June 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 increased by approximately 0.2% in July 2010 compared to June 2010.  New

C&I commitments originated in July 2010 decreased to $1.44 billion compared to $1.71 billion in June

2010.  Renewal levels for existing accounts in July 2010 of $1.76 billion were down from June 2010 at

$2.60 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.   In general, customers continue to remain deleveraged

and liquid through reduced inventories versus expanding operations and capacity.   

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 build, 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 historical

averages, which has also served to constrain demand.  Credit spreads have narrowed somewhat in

recent months, including the non‐investment grade rating categories, which could favorably impact

volume if spreads continue to fall.
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  Fifth Third Bancorp

Reporting month(s):  July 2010   

Submission date:  August 30, 2010

Person to be contacted regarding this report: Blane Scarberry

2

Small Business:  Average Small Business balances decreased by approximately 0.7% in July 2010

compared to June 2010.  Small Business commitments originated in July 2010 were $287 million, which

was down from $429 million in June 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 0.6% in July 2010 compared to

June 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 July 2010.   

Consumer section

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

and auto) was slightly down compared to June 2010 given decrease in home equity and credit card

demand.  

July new credit card extensions were $92 million, a decrease from $102 million of extensions in June.  

Other consumer loan originations, which include new car loans, were $573 million in July.  This was an

increase of approximately $42 million from June.  We also extended $65 million of new home equity

lines of credit during the month.

July 2010 mortgage lending was similar to June 2010.  Total originations for the month totaled

approximately $1.5 billion driven by $1.05 billion of refinancing activity and $428 million of new home

purchases.  This was a decrease of approximately $64 million from June.   

During the month of July, 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 July of 2010, Fifth Third’s portfolio of consumer loans and leases was flat relative to June 2010.   

Treasury section

July investment portfolio activity included the re‐investment of portfolio cash flows and the allocation of

additional balance sheet liquidity into agency MBS.  For the month net Agency MBS purchases totaled

$831 million.
Name of institution: KeyCorp Submission date: 8/27/10 Person to be c

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) MAY JUN JUL Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $3,058 $3,049 $3,028 First Mortgage includes loans secured by 1‐4 family residential properties including home equity

loans secured by first liens.

b. Total Originations $141 $164 $140 Total Originations include both portfolio and held‐for‐sale loan originations.

(1) Refinancings $65 $77 $83(2) New Home Purchases $76 $87 $57

2. Home Equity

a. Average Total Loan Balance $8,316 $8,291 $8,273 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) $80 $80 $68

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Application volu

in July.July application v

2010

1

c. Total Used and Unused Commitments $16,209 $16,172 $16,121

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 $9,358 $9,561 $9,742 Other Consumer includes all other non‐revolving consumer loans.

b. Originations $9 $11 $10

July application v

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) MAY JUN JUL Key

1. C & Ia. Average Total Loan and Lease Balance $24,556 $24,232 $23,583 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 $1,005 $1,423 $1,441 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 $514 $997 $1,015 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 $14,462 $14,138 $13,863 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 $410 $313 $483 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 $11 $146 $120 New commitments include outstanding balances and unused commitments. Commitment

amounts exclude standby letters of credit.

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

4. Small Business Loans3

a. Average Total Loan Balance $3,104 $3,073 $3,042 Small Business includes loans guaranteed by the Small Business Administration ("SBA") and other

loans internally classified as small business loans.

Loan extensions 

multi‐family spa

New loan approv

Renewals in July 

The Leasing, Mid

new and existing 

2

b. Originations $51 $76 $46SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities $531 $1,492 $398 July mortgage backed securities ("MBS") net purchased volume includes $745 million in purchases

and $347 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 $167 $88 $20 Represents KeyCorp's equity underwriting commitments.

b. Total Debt Underwriting $230 $236 $117 Represents KeyCorp's taxable and municipal debt underwriting commitments.

KeyCorp was the 

two deals totalin

in underwriting c

debt underwritin

The July purchas

increase the inve

and interest rate 

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):  July 2010

Submission date:  8/27/10

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 $94.2 billion at June 30, 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

KeyCorp continues to experience modest credit demand improvement in its commercial and industrial

lending portfolios, notably in the Middle Market, Business Banking and Leasing segments.  Commercial

real estate renewal activity improved in July.  Overall consumer credit demand shows some

improvement, as July’s increased mortgage application volume is reflective of the favorable interest rate

environment in July.  

Consumer

Consumer credit demand is improving slightly compared to the year‐ago period, yet remains

significantly below historic levels.  Mortgage rate reductions in July resulted in a 35% increase in

application volume in July from the June level.   

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

C & I

C & I loan approval volume declined modestly in July from the June level, but remained consistent with

improving trends experienced since March 2010.  The Leasing, Business Banking and Middle Market

segments experienced the highest approval volumes, totaling $564 million in loan approvals to new and

existing clients.  The Institutional Bank ‘s new client approval volume was partially offset by decreases in

existing client’s commitment levels.   

Commercial Real Estate

Commercial real estate (“CRE”) originations in June and July 2010 are at higher levels than the rest of

the year.  While originations in Real Estate Capital segment decreased from the June level, the Middle

Market and Community Development segments experienced increased levels of originations.  Renewal
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  KeyCorp

Reporting month(s):  July 2010

Submission date:  8/27/10

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

2

activity was strong as a result of several restructurings completed in the Real Estate Capital segment.  

Overall CRE balances continue to decline, as principal repayments are greater than originations.  

Small Business

Small Business loan demand for July, as well as for the last four months, has remained steady and is

almost double the July 2009 level.  For the month of July, as well as for the prior four months, SBA

lending has been strong, while conventional lending has gradually increased.  

Investment Portfolio

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

overall balance sheet liquidity and interest rate risk.  In July, KeyCorp increased the size of its investment

portfolio with the purchase of $745 million of collateralized mortgage obligations issued by government‐

sponsored entities or GNMA.
Name of institution: Marshall & Ilsley Corporation Submission date: 08/31/10 

PART I. QUANTITATIVE OVERVIEW

2010

SCHEDULE A: CONSUMER LENDING (Millions $) MAY JUNE JULY Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $6,637 $6,550 $6,463 Includes all closed end residential RE; First Mortgages and Home Equity Loans (Approximately 

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

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

b. Total Originations $173 $182 $172 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 lo

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

(1) Refinancings $83 $80 $107

(2) New Home Purchases $90 $102 $65

2. Home Equity

a. Average Total Loan Balance $2,648 $2,629 $2,613 Includes Home Equity Lines only.

b. Originations (New Lines+Line Increases) $29 $33 $26

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

c. Total Used and Unused Commitments $4,803 $4,772 $4,742

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed $276 $278 $277 Includes Consumer Card only.

b. New Account Originations (Initial Line Amt) $6 $6 $6c. Total Used and Unused Commitments $1,289 $1,296 $1,302

4. Other Consumer

a. Average Total Loan Balance $1,956 $1,931 $1,927 Includes consumer PRA & LOCs. Subcategories include Auto Leases, Dealer Finance, Personal

Securities Loans, and Student Loans.

b. Originations $62 $71 $58 Includes Additional Notes and Refinances to existing customers and notes to new customers.

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) MAY JUNE JULY Key 

1. C & Ia. Average Total Loan and Lease Balance $12,352 $12,264 $12,175 Includes A/R and Inventory, Dealer Commercial, Agricultural, IRB's and Muni, and Commercia

Leases.

b. Renewal of Existing Accounts $106 $177 $149 Renewals include renewal of existing accounts where new money is requested, terms are

modified, or new master line is established.

c. New Commitments $73 $120 $122 Includes New Loans to New Customers and Unused Commitments to C&I (Also includes Unus

Commitments to: Finance Agricultural Production and Other).

2. Commercial Real Estate

a. Average Total Loan and Lease Balance $18,326 $18,057 $17,628 Includes Business Purpose 1‐4 and Construction, Development, & Vacant Land (Commercial a

Residential).

b. Renewal of Existing Accounts $43 $48 $60 Renewals include renewal of existing accounts where new money is requested, terms are

modified, or new master line is established.

c. New Commitments $39 $17 $27 Includes New Loans to New Customers and Unused Commitments for CRE (Also includes Unu

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

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

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

4. Small Business Loans3

a. Average Total Loan Balance $3,297 $3,261 $3,229 Includes SBA‐guaranteed loans and Business Loans & Commitments < $1 million to customers 

Revenue < $1 million. Excludes Letters of Credit.

b. Originations $22 $18 $20SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities $4 $0 $8 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‐se

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

Notes: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.

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
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  Marshall & Ilsley Corporation

Reporting month(s):  July 2010   

Submission date:  08/31/2010

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 (NYSE: MI) (M&I) is a diversified financial services corporation

headquartered in Milwaukee, Wis.  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; 36 offices along

Florida’s west coast and in central Florida; 33 offices in Indianapolis and nearby communities; 26 offices

in metropolitan Minneapolis/St. Paul, and one in Duluth, Minn.; 17 offices in the greater St. Louis area;

15 offices in Kansas City and nearby communities; and one office in Las Vegas, Nev.  M&I also provides

trust and investment management, equipment leasing, mortgage banking, asset‐based lending, financial

planning, investments, and insurance services from offices throughout the country and on the Internet

(www.mibank.com or www.micorp.com).

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

conditions of the economy.  Nonetheless, M&I extended approximately $400 million of new credit to

new and existing customers in July for a total of over $8.6 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).  Included in the figures above are small business new credit extensions of $27 million in July

and over $640 million since receipt of CPP capital.  ("Small business" includes: (1) SBA‐guaranteed loans

and (2) Commercial purpose loans where the original note amount was $1 million or less, outstanding

commitments were $1 million or less and the customer had (recorded) revenue of $1 million or less).  

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 September 30, 2010.

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

Economic uncertainty has resulted in borrowers continuing to defer capital expenditures, delaying

investment in infrastructure (plants and equipment) and experiencing excess liquidity, all of which

influence customer borrowing needs.  While loan demand has been weak, line utilization levels continue

to show signs of stabilization.

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.
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  Marshall & Ilsley Corporation

Reporting month(s):  July 2010   

Submission date:  08/31/2010

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

2

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 relatively flat from June to July in total.  Refinance activity is

increasing due to the monthly average rate (on fixed rate loans) decreasing for the fourth month in a

row (April through July).  Purchase activity decrease is attributed to the expiration of the Federal

Housing Credit, which had an expiration date of June 30th.  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: August 31, 2010 

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $)

1. First Mortgage May Jun Jul Key 

a. Average Loan Balance (Daily Average Total Outstanding) $16,175 $16,250 $16,395 First and second residential 1‐4 family mortgages, including residential mortgages held 

b. Total Originations $569 $660 $653 Loan originations designated for the secondary market and those to be held in portfoli

Regions' balance sheet.

(1) Refinancings $210 $280 $271 Total originations designated as refinance status.

(2) New Home Purchases $358 $380 $382 Total originations designated as new purchase status.

2. Home Equity

a. Average Total Loan Balance $14,949 $14,846 $14,776 Average balances include Home Equity loans and HELOCs.b O i i ti (N Li Li I ) $102 $125 $98 N H E it l li d i

TREASURY MONTHLY INTERMEDIATION SNAPSH

2010

b. Originations (New Lines+Line Increases) $102 $125 $98 New Home Equity loans, lines and increases.

c. Total Used and Unused Commitments $24,592 $24,419 $24,253 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 $3,350 $3,242 $3,121 Includes consumer direct, indirect, other revolving (i.e., overdraft lines) and student loa

for sale.

b. Originations $78 $104 $61 Includes direct and student lending origination activity.

1
SCHEDULE B: COMMERCIAL LENDING (Millions $)

1. C & I May Jun Jul Key 

a. Average Total Loan and Lease Balance $33,728 $33,455 $33,654 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 $1,612 $2,572 $2,045 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 $803 $1,112 $1,235 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 $20,154 $19,712 $19,096 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 $1,066 $1,326 $978 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 $36 $44 $38 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 $13,248 $13,197 $13,197 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 $573 $701 $579 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 $866 $614 $471 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 $916 $955 $1,085 Reflects average margin receivables as recorded on the general ledger.

3. Underwriting

Ttl E it U d iti $26 $33 $17 Ttl it d iti ti it R t Ri ' ti i ti t 

a. Total Equity Underwriting $26 $33 $17 Total equity underwriting activity. Represents Regions' participation percentage.

b. Total Debt Underwriting $1,000 $1,722 $880 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):    July 2010      

Submission date:  August 31, 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 June 30, 2010, Regions had total consolidated assets of approximately

$135 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 July, new and renewed commitments decreased by $0.8 billion to $5.1 billion for the month, and

average balances were down $0.5 billion from June to $87.0 billion.

The month over month decrease in new and renewed commitments was driven primarily by a $0.5

billion decrease in C&I renewals and by a $0.3 billion decrease in CRE renewals.

III. Consumer Lending

A. Mortgage Lending

The mortgage division originated mortgage loans totaling $653 million in July 2010.  Overall production

decreased 1% from the prior month.  New purchase originations increased 0.5% from the prior month,

and refinancing activity decreased 3%.  Application activity in July increased 28% as compared to prior

month due to a decline in average interest rates of approximately 30bps.  

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 cannot exceed 125%.  July originations included approximately

$69.8 million related to 424 loans refinanced under the Home Affordable Refinance Program.

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
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution: Regions Financial Corporation

Reporting month(s):    July 2010      

Submission date:  August 31, 2010

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

2

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 1,708

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 July 2010, Regions completed 74

modifications totaling $11.8 million in unpaid principal.  Regions currently services approximately $21.5

billion of Fannie Mae and Freddie Mac mortgages.   

B. Home Equity Lending

Home Equity production decreased 22% in July to $97.7MM from prior month and declined 10% versus

same period prior year.   

Decline in July's production was driven by a reduction in average ticket size this month of $5,580 and

approximately 315 less bookings.  Comparing same period to prior year the average ticket size is

consistent with the 10% decline in volume caused by 200 less loans booking this July compared to last.  

Overall Home Equity average balances declined $70 million or 0.5% in July to $14.8 billion representing

the lowest monthly decline  this year as payments/paydowns slowed. The HELOAN portfolio declined

$18.5 million, 1%, while HELOC balances declined $51.7 million or 0.5%.

C. Other Consumer Lending

Overall, Other Consumer Lending balances decreased 4% to $3.1 billion in July compared to June

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.

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
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution: Regions Financial Corporation

Reporting month(s):    July 2010      

Submission date:  August 31, 2010

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

3

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.  Since inception of the program, Regions

has restructured more than $2.2 billion in mortgages, including $19 million in July 2010. Regions has

assisted more than 31,000 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 March 2009.  To date, we have initiated

1,708 trial period modifications for $261 million, and of those, 1,024 have been completed for $157

million.

IV. Commercial Lending

A.  Commercial and Industrial Lending

July new commitments increased $123 million as compared to June, reflective of some positive

momentum.  Loan demand remained somewhat soft in the middle market as the stagnant economy

continues to drive more conservative leverage positions; however, more robust loan demand is seen in

the upper end of the market and in certain industries.  Outstanding loan balances increased $199 million

in July as compared to June levels.  Commercial line utilization rates remained flat in July as compared to

June.

In the middle market, 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.  Loan demand in our specialized industries has outperformed the general

middle market.

  

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.  

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.  

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

existing projects under current economic conditions.
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution: Regions Financial Corporation

Reporting month(s):    July 2010      

Submission date:  August 31, 2010

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

4

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 July totaled

$471 million, which consists of Agency Fixed‐Rate Mortgage‐Backed Products.

VI. Equity and Debt Activities at Morgan Keegan

The Morgan Keegan Equity syndicate activity in July was almost non‐existent.  Morgan Keegan

participated in one transaction. Globally the IPO market was very active.  The domestic market was able

to complete several IPO transactions but the deals were priced either at the low end of their range or

below the filing range. We also saw more deals either postpone due to market conditions or pull their

registration statement with the SEC. We anticipate the equity market coming back somewhat in

September but probably stronger in October.  For the Morgan Keegan Debt department, July municipal

issuance is down slightly from the average seen throughout 2010 but is reflective of the height of the

summer. Issuance is expected to pick up as summer gives way to fall and as the result of the return of

professionals in the industry as well as municipal issuers from vacations.
Name of institution: SunTrust Banks, Inc. Submission date: 08/30/10 Person to be c

PART I. QUANTITATIVE OVERVIEW

SCHEDULE A: CONSUMER LENDING (Millions $) MAY JUN JUL Key 1. First Mortgagea. Average Loan Balance (Daily Average Total Outstanding) $31,599 $31,423 $31,928 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 $2,105 $2,524 $2,349 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 $917 $1,104 $1,334(2) New Home Purchases $1,188 $1,420 $1,014

2. Home Equity

a. Average Total Loan Balance $17,095 $16,962 $16,887 Average balance, originations, and commitments include both Home Equity Lines and Home Equity

Loans.

b. Originations (New Lines+Line Increases) $101 $126 $119

Originations dec

increased due to 

Average balance

Average balance

Average line uti

2010

TREASURY MONTHLY INTERMEDIATION SNAPSHOT

1

c. Total Used and Unused Commitments $31,989 $31,763 $31,612

3. US Card ‐ Managed

a. Average Total Loan Balance ‐ Managed $1,056 $1,072 $1,055 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) $15 $15 $21 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 $3,905 $3,853 $3,821 This is the line commitment total for all credit card accounts of record.

4. Other Consumer

a. Average Total Loan Balance $12,847 $13,003 $13,181 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 $507 $620 $616

Average balance

increased 9% an

July originations 

Average line uti

1
SCHEDULE B: COMMERCIAL LENDING (Millions $) MAY JUN JUL Key 

1. C & Ia. Average Total Loan and Lease Balance $33,030 $32,909 $33,208 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 $1,122 $1,246 $1,652 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 $1,104 $1,812 $1,235 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 $20,764 $20,493 $19,430 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 $174 $480 $278 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 $157 $186 $178 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 $5,128 $5,074 $4,993 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.

Average loan ba

reclassifications 

reporting. Comb

due to client pre

Commercial rea

decline was due 

resulted in recla

rest of the declin

million compare

The persistent d

Originations dec

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

2

of $5 million or less.

b. Originations $49 $68 $43SCHEDULE D: OTHER INTERMEDIATION ACTIVITIES (Millions $)

1. MBS/ABS Net Purchased Volume

a. Mortgage Backed Securities $2,966 $183 ‐$568 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 $20 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 $31 $17 $0 Includes total dollars allocated to STRH in equity underwriting transactions that settled within the

reporting period.

b. Total Debt Underwriting $247 $290 $690 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.

$489 million in M

million.Total debt unde

underwriting of 

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):  July 2010   

Submission date: 8/30/10

Person to be contacted regarding this report:  Craig 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.

SunTrust Banks, Inc., with total assets of $170.7 billion on June 30, 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 1,675 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 July, including loans held for sale, totaled $115.7 billion, down $172 million, or 0.2%,

from June.  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 June totaled $6.4 billion, a decrease of 8% from June.  

Consumer Lending

Mortgage originations totaled $2.3 billion during July, representing a 7% decrease from June.  Mortgage

refinancings increased in July by 21%, whereas loans funded for new home purchases decreased in July

by 29% relative to June.   Factors influencing the increase in refinancings in July included seasonality and

the availability of attractive mortgage rates.  Total average mortgage balances increased by $505 million

during July.

  

Home equity borrowings remain stagnant as evidenced by the fractional monthly decline of both total

commitments and outstanding balances over the last three months.   During July, total used and unused

commitments decreased $151 million and average funded balances decreased $75 million.   Both

changes represent relative decreases of less than 1% in comparison to June.  Total equity loan and line

originations in July decreased to $119 million.  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 July, new credit card originations

totaled $21 million, with $11 million related to new consumer accounts and $10 million related to new

business and corporate accounts.    

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

indirect auto, student, and other consumer loans decreased slightly from June, as July student loan
TREASURY MONTHLY INTERMEDIATION SNAPSHOT

Name of institution:  SunTrust Banks, Inc.

Reporting month(s):  July 2010   

Submission date: 8/30/10

Person to be contacted regarding this report:  Craig Smith

2

originations decreased $34 million, or 20%, from June due to seasonality associated with semester

tuition payments and student enrollments.  Indirect auto lending increased by $30 million, or 8%

compared to June.  

Commercial Lending

Average C&I loan balances increased $299 million, or 0.9%, in July to $33 billion.  The increase was

driven by a reclassification of balances from commercial real estate due to adoption of a more granular

classification treatment.   Renewals of existing credit facilities and stand‐alone notes totaled $1.7 billion

in July, an increase of 33% from June. Combined new commitments and new funded loans decreased in

July by $577 million, a 32% decrease compared to June.  The timing of C & I originations and renewals is

impacted by client needs, seasonality and current commitment expirations.

Commercial Real Estate

Average Commercial Real Estate loans decreased $1.1 billion, or 5%, compared to the June average.   

The decline partially resulted from the reclassification of balances into C & I categories from commercial

real estate categories in conjunction with a more granular analysis of certain loan type classifications for

average balance reporting; however, the majority of the decline was due to large pay downs and pay

outs.  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.  In July, Commercial Real Estate renewals of existing accounts decreased $202 million, or 42%,

and total Commercial Real Estate new commitments decreased $8 million, or 4%, compared to June.  

The majority of originations were associated with large commercial or corporate businesses.   

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 July, the average loan balance was $5 billion, down 2% from

June.   July originations totaled $43 million, a $25 million or 37% decrease, compared to June.

Other Intermediation Activities

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

activities.  In July 2010, SunTrust purchased $489 million and sold $1.1 billion of U. S. government and

agency issued mortgage‐backed securities for the available for sale portfolio due to repositioning the

investment portfolio.  

SunTrust participated in sixteen debt issues in July with a total notional value of $7.9 billion.  SunTrust’s

allocation of underwritten debt included $481 million in investment‐grade fixed‐income issues, $120

million in municipal debt issues and $89 million in high yield debt issues, which in the aggregate was

$400 million above June totals.