|
The Corporation engages in a variety of trading-related activities that are either for clients or its own account.
The fair values of the components of trading account assets and liabilities at December 31, 2003 and 2002 were:
 |
|
|
|
|
|
|
|
|
|
December 31 |
|
|
|
|
|
|
|
|
2003 |
|
2002 |
|
|
|
|
|
|
| Trading account assets |
|
| U.S. government and agency securities |
|
$ |
16,073 |
|
$ |
19,875 |
|
| Corporate securities, trading loans, and other |
|
25,647 |
|
|
21,286 |
|
| Equity securities |
|
11,445 |
|
|
5,380 |
|
| Mortgage trading loans and |
|
| asset-backed securities |
|
8,221 |
|
|
8,703 |
|
| Foreign sovereign debt |
|
7,161 |
|
|
8,752 |
|
|
|
|
|
| Total |
|
$ |
68,547 |
|
$ |
63,996 |
|
|
|
|
|
| Trading account liabilities |
|
| U.S. government and agency securities |
|
$ |
7,304 |
|
$ |
8,531 |
|
| Equity securities |
|
8,863 |
|
|
4,825 |
|
| Corporate securities, trading loans, and other |
|
5,379 |
|
|
7,320 |
|
| Foreign sovereign debt |
|
5,276 |
|
|
3,465 |
|
| Mortgage trading loans and |
|
| asset-backed securities |
|
22 |
|
|
1,433 |
|
|
|
|
|
| Total |
|
$ |
26,844 |
|
$ |
25,574 |
|
|
|
|
|
|
