XML 84 R68.htm IDEA: XBRL DOCUMENT v3.22.2
Credit Quality and the Allowance for Loan and Lease Losses - Summary of the Credit Risk Profile of the Bancorp's Residential Mortgage and Consumer Portfolio Segments by Class (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Financing Receivable, Modifications          
Total [1],[2] $ 118,823   $ 118,823   $ 112,050
Residential Mortgage          
Financing Receivable, Modifications          
Residential mortgage loans 133 $ 151 133 $ 151 154
Residential Mortgage | Federal Housing Administration Loan          
Financing Receivable, Modifications          
Losses due to claim denials and curtailments 1 $ 0 1 $ 1  
Residential Mortgage | 30-89 days past due | Federal Housing Administration Loan          
Financing Receivable, Modifications          
Total 71   71   49
Residential Mortgage | 90 days or more past due | Federal Housing Administration Loan          
Financing Receivable, Modifications          
Total 150   150   139
Residential Mortgage | Residential mortgage loans          
Financing Receivable, Modifications          
Year One 2,264   2,264   5,887
Year Two 5,649   5,649   3,312
Year Three 3,138   3,138   1,300
Year Four 1,128   1,128   422
Year Five 387   387   966
Prior 4,867   4,867   4,356
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 17,433   17,433   16,243
Residential Mortgage | Residential mortgage loans | Performing          
Financing Receivable, Modifications          
Year One 2,264   2,264   5,887
Year Two 5,648   5,648   3,312
Year Three 3,135   3,135   1,299
Year Four 1,125   1,125   422
Year Five 382   382   964
Prior 4,776   4,776   4,326
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 17,330   17,330   16,210
Residential Mortgage | Residential mortgage loans | Performing | Current          
Financing Receivable, Modifications          
Year One 2,264   2,264   5,886
Year Two 5,648   5,648   3,309
Year Three 3,134   3,134   1,294
Year Four 1,123   1,123   418
Year Five 380   380   954
Prior 4,757   4,757   4,261
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 17,306   17,306   16,122
Residential Mortgage | Residential mortgage loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 0   0   1
Year Two 0   0   1
Year Three 1   1   1
Year Four 1   1   1
Year Five 2   2   1
Prior 12   12   13
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 16   16   18
Residential Mortgage | Residential mortgage loans | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   2
Year Three 0   0   4
Year Four 1   1   3
Year Five 0   0   9
Prior 7   7   52
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 8   8   70
Residential Mortgage | Residential mortgage loans | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 1   1   0
Year Three 3   3   1
Year Four 3   3   0
Year Five 5   5   2
Prior 91   91   30
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 103   103   33
Consumer | Home equity          
Financing Receivable, Modifications          
Year One 4   4   2
Year Two 2   2   6
Year Three 5   5   13
Year Four 10   10   18
Year Five 14   14   2
Prior 110   110   126
Revolving Loans 3,746   3,746   3,904
Revolving Loans Converted to Term Loans 15   15   13
Total 3,906   3,906   4,084
Consumer | Home equity | Performing          
Financing Receivable, Modifications          
Year One 4   4   2
Year Two 2   2   6
Year Three 5   5   13
Year Four 10   10   18
Year Five 14   14   2
Prior 102   102   117
Revolving Loans 3,683   3,683   3,837
Revolving Loans Converted to Term Loans 14   14   12
Total 3,834   3,834   4,007
Consumer | Home equity | Performing | Current          
Financing Receivable, Modifications          
Year One 4   4   2
Year Two 2   2   6
Year Three 5   5   13
Year Four 10   10   18
Year Five 14   14   2
Prior 98   98   113
Revolving Loans 3,663   3,663   3,815
Revolving Loans Converted to Term Loans 14   14   12
Total 3,810   3,810   3,981
Consumer | Home equity | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 2   2   3
Revolving Loans 20   20   22
Revolving Loans Converted to Term Loans 0   0   0
Total 22   22   25
Consumer | Home equity | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 2   2   1
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 2   2   1
Consumer | Home equity | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 8   8   9
Revolving Loans 63   63   67
Revolving Loans Converted to Term Loans 1   1   1
Total 72   72   77
Consumer | Indirect secured consumer loans          
Financing Receivable, Modifications          
Year One 3,879   3,879   8,760
Year Two 7,127   7,127   4,244
Year Three 3,325   3,325   2,253
Year Four 1,666   1,666   926
Year Five 633   633   401
Prior 387   387   199
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 17,017   17,017   16,783
Consumer | Indirect secured consumer loans | Performing          
Financing Receivable, Modifications          
Year One 3,879   3,879   8,760
Year Two 7,126   7,126   4,232
Year Three 3,318   3,318   2,248
Year Four 1,662   1,662   921
Year Five 630   630   398
Prior 384   384   197
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 16,999   16,999   16,756
Consumer | Indirect secured consumer loans | Performing | Current          
Financing Receivable, Modifications          
Year One 3,868   3,868   8,732
Year Two 7,092   7,092   4,206
Year Three 3,295   3,295   2,221
Year Four 1,641   1,641   902
Year Five 617   617   389
Prior 377   377   194
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 16,890   16,890   16,644
Consumer | Indirect secured consumer loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 10   10   26
Year Two 32   32   24
Year Three 21   21   25
Year Four 20   20   17
Year Five 12   12   8
Prior 6   6   3
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 101   101   103
Consumer | Indirect secured consumer loans | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 1   1   2
Year Two 2   2   2
Year Three 2   2   2
Year Four 1   1   2
Year Five 1   1   1
Prior 1   1   0
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 8   8   9
Consumer | Indirect secured consumer loans | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 1   1   12
Year Three 7   7   5
Year Four 4   4   5
Year Five 3   3   3
Prior 3   3   2
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 18   18   27
Consumer | Credit card          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 1,763   1,763   1,766
Revolving Loans Converted to Term Loans 0   0   0
Total 1,763   1,763   1,766
Consumer | Credit card | Performing          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 1,740   1,740   1,743
Revolving Loans Converted to Term Loans 0   0   0
Total 1,740   1,740   1,743
Consumer | Credit card | Performing | Current          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 1,710   1,710   1,710
Revolving Loans Converted to Term Loans 0   0   0
Total 1,710   1,710   1,710
Consumer | Credit card | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 17   17   18
Revolving Loans Converted to Term Loans 0   0   0
Total 17   17   18
Consumer | Credit card | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 13   13   15
Revolving Loans Converted to Term Loans 0   0   0
Total 13   13   15
Consumer | Credit card | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 23   23   23
Revolving Loans Converted to Term Loans 0   0   0
Total 23   23   23
Consumer | Other consumer loans          
Financing Receivable, Modifications          
Year One 848   848   695
Year Two 695   695   532
Year Three 437   437   279
Year Four 221   221   176
Year Five 144   144   106
Prior 177   177   47
Revolving Loans 979   979   916
Revolving Loans Converted to Term Loans 20   20   1
Total 3,521   3,521   2,752
Consumer | Other consumer loans | Performing          
Financing Receivable, Modifications          
Year One 848   848   695
Year Two 695   695   532
Year Three 437   437   279
Year Four 221   221   176
Year Five 144   144   106
Prior 176   176   47
Revolving Loans 978   978   915
Revolving Loans Converted to Term Loans 20   20   1
Total 3,519   3,519   2,751
Consumer | Other consumer loans | Performing | Current          
Financing Receivable, Modifications          
Year One 847   847   692
Year Two 691   691   530
Year Three 435   435   275
Year Four 218   218   174
Year Five 142   142   105
Prior 174   174   47
Revolving Loans 974   974   913
Revolving Loans Converted to Term Loans 19   19   0
Total 3,500   3,500   2,736
Consumer | Other consumer loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 1   1   3
Year Two 4   4   2
Year Three 2   2   3
Year Four 2   2   2
Year Five 2   2   1
Prior 2   2   0
Revolving Loans 4   4   2
Revolving Loans Converted to Term Loans 1   1   1
Total 18   18   14
Consumer | Other consumer loans | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   1
Year Four 1   1   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 1   1   1
Consumer | Other consumer loans | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 0   0   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 1   1   0
Revolving Loans 1   1   1
Revolving Loans Converted to Term Loans 0   0   0
Total 2   2   1
Residential Mortgage and Consumer          
Financing Receivable, Modifications          
Year One 6,995   6,995   15,344
Year Two 13,473   13,473   8,094
Year Three 6,905   6,905   3,845
Year Four 3,025   3,025   1,542
Year Five 1,178   1,178   1,475
Prior 5,541   5,541   4,728
Revolving Loans 6,488   6,488   6,586
Revolving Loans Converted to Term Loans 35   35   14
Total 43,640   43,640   41,628
Residential Mortgage and Consumer | Performing          
Financing Receivable, Modifications          
Year One 6,995   6,995   15,344
Year Two 13,471   13,471   8,082
Year Three 6,895   6,895   3,839
Year Four 3,018   3,018   1,537
Year Five 1,170   1,170   1,470
Prior 5,438   5,438   4,687
Revolving Loans 6,401   6,401   6,495
Revolving Loans Converted to Term Loans 34   34   13
Total 43,422   43,422   41,467
Residential Mortgage and Consumer | Performing | Current          
Financing Receivable, Modifications          
Year One 6,983   6,983   15,312
Year Two 13,433   13,433   8,051
Year Three 6,869   6,869   3,803
Year Four 2,992   2,992   1,512
Year Five 1,153   1,153   1,450
Prior 5,406   5,406   4,615
Revolving Loans 6,347   6,347   6,438
Revolving Loans Converted to Term Loans 33   33   12
Total 43,216   43,216   41,193
Residential Mortgage and Consumer | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 11   11   30
Year Two 36   36   27
Year Three 24   24   29
Year Four 23   23   20
Year Five 16   16   10
Prior 22   22   19
Revolving Loans 41   41   42
Revolving Loans Converted to Term Loans 1   1   1
Total 174   174   178
Residential Mortgage and Consumer | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 1   1   2
Year Two 2   2   4
Year Three 2   2   7
Year Four 3   3   5
Year Five 1   1   10
Prior 10   10   53
Revolving Loans 13   13   15
Revolving Loans Converted to Term Loans 0   0   0
Total 32   32   96
Residential Mortgage and Consumer | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 2   2   12
Year Three 10   10   6
Year Four 7   7   5
Year Five 8   8   5
Prior 103   103   41
Revolving Loans 87   87   91
Revolving Loans Converted to Term Loans 1   1   1
Total $ 218   $ 218   $ 161
[1] Includes $133 and $154 of residential mortgage loans measured at fair value at June 30, 2022 and December 31, 2021, respectively.
[2] Includes $21 and $24 of other short-term investments, $267 and $322 of portfolio loans and leases, $(3) and $(2) of ALLL, $2 and $2 of other assets, $10 and $1 of other liabilities, and $200 and $263 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2022 and December 31, 2021, respectively. For further information, refer to Note 12.