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Loans and Allowance for Loan Losses (Tables)
 6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Summary of Loans
The following table provides the outstanding balances of loans held for investment at June 30, 2021 and December 31, 2020.
(Dollars in millions)June 30,
2021		December 31,
2020
Loans held for investment: 
Commercial and industrial$31,632 $31,212 
Commercial mortgage15,937 16,244 
Construction1,607 1,655 
Lease financing958 1,038 
Total commercial portfolio50,134 50,149 
Residential mortgage and home equity(1)
25,681 29,034 
Other consumer(2)
2,752 2,983 
Total consumer portfolio28,433 32,017 
Total loans held for investment(3)
78,567 82,166 
Allowance for loan losses(858)(1,273)
Loans held for investment, net$77,709 $80,893 
(1)Includes home equity loans of $1,351 million and $1,590 million at June 30, 2021 and December 31, 2020, respectively.
(2)Other consumer loans substantially include unsecured consumer loans and consumer credit cards.
(3)Includes $71 million and $127 million at June 30, 2021 and December 31, 2020, respectively, for net unamortized (discounts) and premiums and deferred (fees) and costs.
Reconciliation of Changes in Allowance for Loan Losses by Portfolio Segment
 For the Three Months Ended June 30, 2021
(Dollars in millions)CommercialConsumerTotal
Allowance for loan losses, beginning of period$708 $347 $1,055 
(Reversal of) provision for loan losses(137)(30)(167)
Loans charged-off(23)(24)(47)
Recoveries of loans previously charged-off10 7 17 
Allowance for loan losses, end of period$558 $300 $858 
 For the Three Months Ended June 30, 2020
(Dollars in millions)CommercialConsumerTotal
Allowance for loan losses, beginning of period$679 $473 $1,152 
(Reversal of) provision for loan losses264 89 353 
Loans charged-off(14)(45)(59)
Recoveries of loans previously charged-off3 3 6 
Allowance for loan losses, end of period$932 $520 $1,452 
 For the Six Months Ended June 30, 2021
(Dollars in millions)CommercialConsumerTotal
Allowance for loan losses, beginning of period$851 $422 $1,273 
(Reversal of) provision for loan losses(280)(78)(358)
Loans charged-off(31)(57)(88)
Recoveries of loans previously charged-off18 13 31 
Allowance for loan losses, end of period$558 $300 $858 
Summary of Nonaccrual Loans
The following table presents nonaccrual loans as of June 30, 2021 and December 31, 2020. The nonaccrual loans all have related allowance for loan losses recorded as of June 30, 2021 and December 31, 2020.
(Dollars in millions)June 30,
2021		December 31,
2020
Commercial and industrial$298 $182 
Commercial mortgage232 317 
Construction— 28 
  Total commercial portfolio530 527 
Residential mortgage and home equity150 183 
Other consumer— 1 
  Total consumer portfolio150 184 
        Total nonaccrual loans$680 $711 
Troubled debt restructured loans that continue to accrue interest$207 $212 
Troubled debt restructured nonaccrual loans (included in total nonaccrual loans above)$256 $279 
Aging of Balance of Loans Held for Investment
The following tables show the aging of the balance of loans held for investment by class as of June 30, 2021 and December 31, 2020.

 June 30, 2021
 Aging Analysis of Loans
(Dollars in millions)Current
30 to 89
Days Past
Due
90 Days
or More
Past Due
Total Past
Due
Total
Commercial and industrial$32,485 $95 $10 $105 $32,590 
Commercial mortgage15,603 214 120 334 15,937 
Construction1,596 11 — 11 1,607 
  Total commercial portfolio49,684 320 130 450 50,134 
Residential mortgage and home equity25,550 90 41 131 25,681 
Other consumer 2,728 15 9 24 2,752 
  Total consumer portfolio28,278 105 50 155 28,433 
Total loans held for investment$77,962 $425 $180 $605 $78,567 

 December 31, 2020
 Aging Analysis of Loans
(Dollars in millions)Current
30 to 89
Days Past
Due
90 Days
or More
Past Due
Total Past
Due
Total
Commercial and industrial$32,101 $76 $73 $149 $32,250 
Commercial mortgage15,983 128 133 261 16,244 
Construction1,634 21 — 21 1,655 
  Total commercial portfolio49,718 225 206 431 50,149 
Residential mortgage and home equity28,815 156 63 219 29,034 
Other consumer 2,943 26 14 40 2,983 
  Total consumer portfolio31,758 182 77 259 32,017 
Total loans held for investment$81,476 $407 $283 $690 $82,166 
The following table presents the loans that are 90 days or more past due, but are not on nonaccrual status, by loan class.
(Dollars in millions)June 30, 2021December 31, 2020
Commercial and industrial$7 $13 
Commercial mortgage13 11 
  Total commercial portfolio20 24 
Residential mortgage and home equity— 7 
Other consumer9 14 
  Total consumer portfolio9 21 
        Total loans that are 90 days or more past due and still accruing$29 $45