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Loans and Leases (Tables)
 6 Months Ended
Jun. 30, 2022
Receivables [Abstract]  
Loans and Leases Classified by Primary Purpose
The following table provides a summary of commercial loans and leases classified by primary purpose and consumer loans classified based upon product or collateral as of:

($ in millions)		June 30,
2022		December 31,
2021
Loans and leases held for sale:
Commercial and industrial loans$3 7 
Commercial mortgage loans— 13 
Commercial leases1 1 
Residential mortgage loans2,538 4,394 
Total loans and leases held for sale$2,542 4,415 
Portfolio loans and leases:
Commercial and industrial loans(a)
$56,095 51,659 
Commercial mortgage loans10,748 10,316 
Commercial construction loans5,357 5,241 
Commercial leases2,850 3,052 
Total commercial loans and leases$75,050 70,268 
Residential mortgage loans$17,566 16,397 
Home equity3,906 4,084 
Indirect secured consumer loans17,017 16,783 
Credit card1,763 1,766 
Other consumer loans3,521 2,752 
Total consumer loans$43,773 41,782 
Total portfolio loans and leases$118,823 112,050 
(a)Includes $371 million and $1.3 billion as of June 30, 2022 and December 31, 2021, respectively, related to the SBA’s Paycheck Protection Program.
Total Loans and Leases Owned by the Bancorp
The following table presents a summary of the total loans and leases owned by the Bancorp as of:
Carrying Value
90 Days Past Due and Still Accruing(a)

($ in millions)		June 30,
2022		December 31,
2021		June 30,
2022		December 31,
2021
Commercial and industrial loans$56,098 51,666 6 17 
Commercial mortgage loans10,748 10,329 — 1 
Commercial construction loans5,357 5,241 — 1 
Commercial leases2,851 3,053 1 — 
Residential mortgage loans20,104 20,791 8 72 
Home equity3,906 4,084 2 1 
Indirect secured consumer loans17,017 16,783 8 9 
Credit card1,763 1,766 13 15 
Other consumer loans3,521 2,752 1 1 
Total loans and leases$121,365 116,465 39 117 
Less: Loans and leases held for sale2,542 4,415 
Total portfolio loans and leases$118,823 112,050 
(a)Excludes government guaranteed residential mortgage loans.

The following table presents a summary of net charge-offs (recoveries):
For the three months ended
June 30,		For the six months ended
June 30,
($ in millions)2022202120222021
Commercial and industrial loans$33 13 42 40 
Commercial mortgage loans— 6 (1)8 
Commercial construction loans3 — 3 — 
Commercial leases— (2)— (2)
Residential mortgage loans(1)— (1)(1)
Home equity— (1)(1)(1)
Indirect secured consumer loans5 — 13 9 
Credit card14 20 27 45 
Other consumer loans8 8 14 17 
Total net charge-offs$62 44 96 115 
Investment in Lease Financing
The following table presents the components of the net investment in leases as of:
($ in millions)(a)
June 30,
2022		December 31, 2021
Net investment in direct financing leases:
Lease payment receivable (present value)$718 886 
Unguaranteed residual assets (present value)135 147 
Net premium on acquired leases1 1 
Net investment in sales-type leases:
Lease payment receivable (present value)1,688 1,678 
Unguaranteed residual assets (present value)62 55 
(a)Excludes $246 and $285 of leveraged leases at June 30, 2022 and December 31, 2021, respectively.
Sales-type and Direct Financing Leases, Lease Receivable, Maturity
The following table presents undiscounted cash flows for both direct financing and sales-type leases for the remainder of 2022 through 2027 and thereafter as well as a reconciliation of the undiscounted cash flows to the total lease receivables as follows:
As of June 30, 2022 ($ in millions)Direct Financing
Leases		Sales-Type Leases
Remainder of 2022$118 266 
2023212 452 
2024152 363 
2025111 305 
202683 172 
202745 123 
Thereafter44 131 
Total undiscounted cash flows$765 1,812 
Less: Difference between undiscounted cash flows and discounted cash flows47 124 
Present value of lease payments (recognized as lease receivables)$718 1,688