| Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table sets forth the components in accumulated other comprehensive income (loss) for each type of investment securities available-for-sale, investment securities held-to-maturity, and cash flow hedges: | | | | | | | | | | | | | | | Held-to-Maturity Securities | Available-for-Sale Securities | Cash Flow Hedges | Accumulated Other Comprehensive Income (Loss) Net of Tax | | (Dollars in millions) | Accumulated other comprehensive income (loss) ("AOCI") | | | | | Balance at December 31, 2015, net of tax | $ | 5 |
| $ | — |
| $ | (3 | ) | $ | 2 |
| Net unrealized loss, net of tax | — |
| 16 |
| (44 | ) | (28 | ) | Reclassifications out of AOCI | (1 | ) | 1 |
| 7 |
| 7 |
| Balance at June 30, 2016, net of tax | $ | 4 |
| $ | 17 |
| $ | (40 | ) | $ | (19 | ) | | | | | | Balance at December 31, 2014, net of tax | $ | — |
| $ | 8 |
| $ | — |
| $ | 8 |
| Balance at June 30, 2015, net of tax | $ | — |
| $ | 8 |
| $ | — |
| $ | 8 |
|
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The following table sets forth the components in accumulated other comprehensive income (loss) for each type of investment securities available-for-sale, investment securities held-to-maturity, and cash flow hedges. | | | | | | | | | | | | | | | | | | Held-to-Maturity Securities | | Available-for-Sale Securities (1) | | Cash Flow Hedges | | Accumulated Other Comprehensive Income (Loss) Net of Tax | | (Dollars in millions) | | | Accumulated other comprehensive income (loss) ("AOCI") | | | | | | | | Balance at December 31, 2014, net of tax | $ | — |
| | $ | 8 |
| | $ | — |
| | $ | 8 |
| Net unrealized loss, net of tax | — |
| | (5 | ) | | (5 | ) | | (10 | ) | Reclassifications out of AOCI (1) | — |
| | 2 |
| | 2 |
| | 4 |
| Transfer of net unrealized loss from AFS to HTM | 5 |
| | (5 | ) | | — |
| | — |
| Balance at December 31, 2015, net of tax | $ | 5 |
| | $ | — |
| | $ | (3 | ) | | $ | 2 |
| | | | | | | | | Balance at December 31, 2013, net of tax | $ | — |
| | $ | (5 | ) | | $ | — |
| | $ | (5 | ) | Net unrealized gain, net of tax | — |
| | 13 |
| | — |
| | 13 |
| Reclassifications out of AOCI (1) | — |
| | — |
| | — |
| | — |
| Balance at December 31, 2014, net of tax | $ | — |
| | $ | 8 |
| | $ | — |
| | $ | 8 |
| | | | | | | | | Balance at December 31, 2012, net of tax | $ | — |
| | $ | (2 | ) | | $ | — |
| | $ | (2 | ) | Net unrealized gain, net of tax | — |
| | (3 | ) | | — |
| | (3 | ) | Reclassifications out of AOCI (1) | — |
| | — |
| | — |
| | — |
| Balance at December 31, 2013, net of tax | $ | — |
| | $ | (5 | ) | | $ | — |
| | $ | (5 | ) |
| | (1) | Reclassifications are reported in other noninterest income on the Consolidated Statement of Operations. |
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