PEOPLE’S UNITED FINANCIAL, INC. PBCTP Balance Sheet

People’s united financial, inc. (PBCTP)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
Assets
Cash and due from banks
507	484	635	505	508	665	410	462	402	505	414	455	380	432	347	343	302	334	300	362	306	345	312	464	427	350	447	379	320	470	358	415	341	370	370	334	315	354	320	357	296	326	410	343	345
Short-term investments
744	316	157	274	106	266	127	253	470	377	302	216	392	181	372	363	251	380	244	195	250	668	207	98	72	123	147	119	127	131	63	72	767	410	779	821	926	599	478	1,199	2,527	3,092	1,933	2,672	1,138
Total cash and cash equivalents (note 2)
1,251	801	793	780	614	932	538	715	872	882	716	672	773	614	720	707	553	715	544	558	556	1,013	519	563	500	474	595	499	447	601	422	487	1,108	780	1,150	1,156	1,241	954	798	1,556	2,823	3,418	2,343	3,015	1,483
Securities purchased under agreements to resell (note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	520	740	745	-	400	1,144	400	0
Securities (note 2):
Trading debt securities, at fair value
0	7	9	9	8	8	8	8	8	8	8	7	7	6	6	6	6	6	8	8	8	8	8	8	8	8	6	6	6	6	6	12	22	71	69	84	84	83	83	75	75	75	10	12	21
Equity securities, at fair value
6	8	7	8	8	8	8	9	9	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt securities available-for-sale, at fair value
4,276	3,564	2,978	2,971	3,060	3,121	3,312	3,245	3,153	3,125	3,197	3,682	3,772	4,409	4,906	4,711	4,746	4,527	4,221	4,518	4,356	3,993	3,873	3,724	3,848	4,208	4,194	4,439	4,570	4,532	3,651	3,560	2,742	2,725	2,336	3,025	3,003	2,831	2,305	1,621	724	739	453	446	1,848
Debt securities held-to-maturity, at amortized cost and net of allowance for credit losses of $1.9 million at March 31, 2020 (fair value of $4.07 billion and $4.02 billion)
3,861	3,869	3,805	3,807	3,823	3,792	3,742	3,718	3,696	3,588	3,387	2,875	2,324	2,005	1,817	1,749	1,678	1,609	1,377	913	897	834	630	672	658	640	56	56	56	56	56	56	56	56	56	56	55	55	55	55	55	55	55	0	0
Federal Home Loan Bank and Federal Reserve Bank stock, at cost
407	341	334	289	275	303	312	342	305	312	320	314	319	315	315	317	299	305	314	315	314	175	175	175	175	175	122	115	83	73	73	73	73	77	77	59	59	63	33	33	31	31	31	31	31
Total securities
8,551	7,789	7,135	7,085	7,175	7,233	7,384	7,324	7,173	7,042	6,914	6,880	6,423	6,737	7,046	6,785	6,731	6,449	5,921	5,755	5,576	5,012	4,687	4,580	4,690	5,032	4,379	4,617	4,715	4,668	3,787	3,702	2,895	2,931	2,540	3,226	3,203	3,033	2,477	1,786	886	901	550	490	1,901
Loans held-for-sale (note 3)
19	511	24	17	7	19	15	17	10	16	15	26	17	39	46	61	31	34	36	56	49	34	33	34	17	23	28	68	50	77	60	57	56	101	45	36	18	88	-	-	-	-	-	-	-
Loans (notes 3, 4 and 5):
Consumer
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,178	2,203	2,192	2,189	2,181	2,200	2,192	2,165	2,148	2,156	2,141	2,143	2,133	2,156	2,164	2,166	2,180	2,217	2,240	2,150	-	2,177	-	-	-	-	-	-	-
Total Retail Portfolio
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,779	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,565	-	5,493	5,478	5,442	5,399	5,365	5,234	4,967
Loans
44,284	43,596	38,781	38,556	35,515	35,241	32,199	32,512	32,104	32,575	32,384	31,611	29,687	29,744	29,367	29,038	28,510	28,410	27,672	27,562	26,929	26,592	25,954	25,455	24,629	24,390	23,227	22,866	22,160	21,736	21,040	20,605	20,489	20,384	20,148	17,687	17,523	17,327	15,214	15,214	15,311	14,233	14,301	14,552	14,565
Less allowance for credit losses
341	246	246	244	240	240	238	236	235	234	233	231	231	229	226	220	215	211	207	205	200	198	196	192	190	187	188	185	187	188	186	180	183	182	177	176	177	172	172	172	172	172	172	167	157
Total loans, net
43,942	43,349	38,535	38,312	35,274	35,001	31,961	32,275	31,869	32,340	32,151	31,379	29,456	29,515	29,141	28,817	28,295	28,199	27,464	27,356	26,728	26,393	25,757	25,262	24,438	24,202	23,039	22,680	21,973	21,548	20,854	20,425	20,306	20,201	19,971	17,511	17,345	17,155	15,042	15,042	15,138	14,061	14,129	14,385	14,408
Goodwill (note 8)
3,070	3,070	2,868	2,868	2,723	2,685	2,435	2,435	2,411	2,411	2,411	2,263	1,992	1,992	1,957	1,957	1,955	1,958	1,954	1,954	1,954	1,954	1,954	1,954	1,954	1,954	1,954	1,954	1,954	1,954	1,954	1,953	1,953	1,951	1,921	1,720	1,719	1,723	1,533	1,533	1,517	1,261	1,261	1,261	1,261
Bank-owned life insurance
707	705	505	504	467	467	407	407	406	405	405	404	348	349	347	346	346	346	345	345	344	343	342	341	340	339	338	337	336	336	335	334	334	332	330	293	291	291	239	239	236	250	235	233	228
Premises and equipment, net
300	305	258	261	255	267	243	246	250	253	264	270	239	244	245	249	252	257	258	262	268	277	282	289	292	304	314	320	327	330	334	337	330	339	363	323	326	325	254	255	258	264	261	258	262
Other acquisition-related intangible assets (note 8)
198	209	196	204	173	180	133	138	143	148	156	163	143	149	113	119	123	129	130	136	142	148	154	160	166	172	179	185	192	199	205	212	216	222	229	226	232	238	238	244	248	253	258	263	274
Other assets (notes 1, 3, 5 and 13)
2,396	1,853	1,754	1,587	1,399	1,091	1,013	1,015	964	952	963	963	836	967	1,074	1,105	974	786	821	756	786	719	743	735	711	710	682	681	600	608	622	643	607	695	661	828	583	706	573	547	477	445	625	502	347
Total assets
60,433	58,589	52,071	51,622	48,091	47,877	44,133	44,574	44,100	44,453	43,998	43,023	40,229	40,609	40,692	40,150	39,263	38,877	37,477	37,183	36,407	35,997	34,774	33,921	33,112	33,213	31,510	31,344	30,598	30,324	28,576	28,154	27,807	27,558	27,213	25,322	24,962	25,037	21,897	21,950	21,588	21,257	20,810	20,811	20,167
Liabilities
Deposits:
Non-interest-bearing
10,526	9,803	9,129	8,747	8,315	8,543	8,060	8,002	7,938	8,002	7,655	7,566	6,669	6,660	6,521	6,226	6,091	6,178	5,877	5,893	5,761	5,655	5,500	5,542	5,372	5,312	5,105	5,116	4,994	5,084	4,746	4,799	4,636	4,506	4,217	3,932	3,789	3,872	3,427	3,421	3,313	3,509	3,192	3,310	3,173
Savings
5,136	4,987	4,616	4,847	4,159	4,116	4,048	4,184	4,442	4,410	4,513	4,668	4,451	4,397	4,391	18,040	18,134	17,420	17,236	16,084	16,086	15,252	14,747	14,115	13,858	12,862	12,657	12,278	12,210	11,959	11,729	11,617	11,477	10,970	10,789	9,336	9,255	8,897	7,880	7,907	7,641	7,327	6,926	6,609	6,214
Interest-bearing checking and money market
20,238	19,592	16,727	17,424	17,130	16,583	15,065	14,659	15,257	15,189	15,143	14,887	14,813	14,260	14,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Time
8,840	9,205	8,100	8,447	7,296	6,916	6,035	5,621	5,255	5,454	5,235	4,692	4,570	4,542	4,686	4,732	4,879	4,818	5,165	5,457	5,301	5,230	5,013	4,431	4,434	4,382	4,426	4,587	4,586	4,706	4,886	5,040	5,152	5,339	5,479	5,009	5,064	5,162	4,367	4,505	4,442	4,608	4,931	5,102	4,881
Total deposits
44,741	43,589	38,573	39,467	36,900	36,159	33,210	32,468	32,893	33,056	32,547	31,814	30,505	29,860	29,655	28,999	29,105	28,417	28,279	27,434	27,149	26,138	25,261	24,088	23,665	22,557	22,189	21,981	21,791	21,750	21,362	21,457	21,267	20,815	20,486	18,278	18,110	17,933	15,674	15,834	15,397	15,445	15,050	15,023	14,269
Borrowings:
Federal Home Loan Bank advances
4,489	3,125	2,948	2,054	1,573	2,404	2,369	3,510	2,610	2,774	3,074	3,130	2,160	3,061	3,261	3,562	3,063	3,463	2,164	2,615	2,165	2,291	2,467	2,798	2,619	3,719	2,370	2,206	1,407	1,178	629	330	331	332	333	477	481	508	9	7	10	14	15	14	15
Federal funds purchased
1,120	1,620	1,365	1,110	1,020	845	735	855	805	820	543	629	613	617	844	680	303	374	360	474	496	913	469	331	775	825	704	931	934	619	415	-	-	-	27	400	200	29	-	-	-	-	-	-	-
Customer repurchase agreements
301	409	315	235	264	332	261	254	265	301	295	324	327	343	-	-	-	469	-	1	1	486	1	199	486	501	539	487	506	588	479	452	452	497	519	453	476	473	244	133	164	144	139	145	156
Other borrowings
-	-	0	0	1	11	26	19	195	207	231	0	81	35	-	-	-	-	-	1	1	1	3	2	6	11	7	1	1	1	1	176	26	27	-	-	-	-	-	-	-	-	0	0	16
Total borrowings
5,910	5,154	4,629	3,399	2,859	3,593	3,392	4,639	3,876	4,103	4,144	4,084	3,183	4,056	4,436	4,563	3,717	4,307	2,996	3,562	3,142	3,691	3,415	3,773	3,887	5,057	3,621	3,626	2,849	2,386	1,524	959	811	856	880	1,331	1,157	1,010	253	140	174	158	154	160	187
Notes and debentures
1,012	993	915	911	901	895	885	888	891	901	906	906	903	1,030	1,053	1,058	1,050	1,038	1,044	1,029	1,042	1,033	1,021	1,040	639	639	639	638	659	659	160	160	159	159	159	159	176	182	182	182	182	181	181	181	180
Other liabilities (notes 1, 4, 5 and 13)
1,043	905	822	797	808	695	686	678	592	571	654	514	442	520	683	699	599	382	425	470	390	500	421	384	324	391	423	420	411	489	421	430	388	510	395	360	357	691	421	379	355	370	309	310	356
Total liabilities
52,707	50,642	44,941	44,576	41,470	41,343	38,174	38,674	38,255	38,633	38,252	37,319	35,034	35,467	35,829	35,320	34,472	34,145	32,746	32,497	31,725	31,364	30,119	29,285	28,516	28,645	26,873	26,667	25,712	25,285	23,468	23,007	22,627	22,342	21,922	20,128	19,802	19,817	16,532	16,537	16,109	16,156	15,694	15,674	14,993
Commitments and contingencies (notes 1, 5 and 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	-	-
Stockholders’ Equity (notes 6, 9 and 15)
Preferred stock ($0.01 par value; 50.0 million shares authorized; 10.0 million shares issued and outstanding at both dates)
244	244	244	244	244	244	244	244	244	244	244	244	244	244	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock ($0.01 par value; 1.95 billion shares authorized; 533.5 million shares and 532.8 million shares issued)
5	5	4	4	4	4	4	4	4	4	4	4	4	4	4	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Additional paid-in capital
7,644	7,639	6,901	6,890	6,558	6,549	6,054	6,040	6,029	6,012	5,972	5,965	5,472	5,446	5,359	5,350	5,344	5,337	5,327	5,319	5,304	5,291	5,285	5,281	5,276	5,277	5,272	5,268	5,265	5,261	5,263	5,258	5,252	5,247	5,242	4,989	4,981	4,978	4,946	4,940	4,924	4,511	4,506	4,500	4,485
Retained earnings
1,514	1,512	1,449	1,388	1,328	1,284	1,220	1,167	1,121	1,040	996	967	960	949	927	905	889	880	861	843	833	826	812	800	778	779	770	763	753	756	750	754	745	734	757	763	767	772	798	831	874	914	943	974	1,020
Unallocated common stock of Employee Stock Ownership Plan, at cost (5.8 million shares and 5.9 million shares)
121	122	124	126	128	130	131	133	135	137	139	141	142	144	146	148	150	151	153	155	157	159	160	162	164	166	168	169	171	173	175	177	178	180	182	184	186	187	189	191	193	195	197	198	202
Accumulated other comprehensive loss
-92	-166	-182	-193	-224	-256	-270	-260	-255	-181	-169	-174	-181	-195	-120	-120	-134	-177	-146	-164	-140	-168	-124	-126	-137	-155	-202	-178	-108	-96	-79	-90	-93	-95	-36	-70	-98	-99	-59	-60	-72	-74	-81	-83	-75
Treasury stock, at cost (109.0 million shares and 89.2 million shares)
1,469	1,164	1,162	1,162	1,162	1,162	1,162	1,162	1,162	1,162	1,162	1,162	1,162	1,162	1,162	1,162	1,161	1,161	1,161	1,161	1,161	1,161	1,161	1,161	1,160	1,170	1,039	1,009	856	712	656	602	549	493	494	307	307	248	134	110	58	58	59	60	57
Total stockholders’ equity
7,725	7,947	7,130	7,046	6,621	6,533	5,958	5,900	5,845	5,819	5,746	5,703	5,195	5,141	4,862	4,829	4,791	4,731	4,730	4,685	4,681	4,633	4,655	4,635	4,595	4,568	4,637	4,677	4,886	5,038	5,107	5,146	5,180	5,215	5,290	5,193	5,160	5,219	5,364	5,413	5,478	5,100	5,115	5,136	5,173
Total liabilities and stockholders’ equity
60,433	58,589	52,071	51,622	48,091	47,877	44,133	44,574	44,100	44,453	43,998	43,023	40,229	40,609	40,692	40,150	39,263	38,877	37,477	37,183	36,407	35,997	34,774	33,921	33,112	33,213	31,510	31,344	30,598	30,324	28,576	28,154	27,807	27,558	27,213	25,322	24,962	25,037	21,897	21,950	21,588	21,257	20,810	20,811	20,167
Common stock, shares issued (in shares)
-	-	487	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial
Loans
31,710	30,714	27,468	26,963	25,412	25,077	23,373	23,688	23,272	23,705	23,510	22,792	21,113	-	21,190	21,083	20,731	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,262	6,074	6,046	5,196	5,070	5,049	5,178	4,042	4,011	4,094	4,226
Less allowance for credit losses
211	217	216	214	209	209	207	205	204	204	203	201	201	-	202	196	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retail
Loans
12,574	12,881	11,313	11,593	10,103	10,163	8,825	8,823	8,832	8,870	8,873	8,819	8,574	-	8,177	7,955	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,127	-	2,176	2,197	2,222	2,245	2,270	2,273	2,227
Less allowance for credit losses
129	28	29	29	31	30	30	31	31	29	29	29	30	-	24	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial Loans [Member]
Commercial
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,722	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial Real Estate Loan [Member]
Commercial
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,028	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Residential Mortgage Loan [Member]
Residential mortgage
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,457	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,783	-	2,474	2,489	2,468	2,546	2,654	2,950	3,144
Commercial Customers [Member]
Customer repurchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	330	320	-	469	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-