XML 79 R68.htm IDEA: XBRL DOCUMENT v3.22.2.2
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 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Financing Receivable, Modifications          
Total [1],[2] $ 119,999   $ 119,999   $ 112,050
Residential Mortgage          
Financing Receivable, Modifications          
Residential mortgage loans 125 $ 156 125 $ 156 154
Residential Mortgage | Federal Housing Administration Loan          
Financing Receivable, Modifications          
Losses due to claim denials and curtailments 0 $ 1 2 $ 2  
Residential Mortgage | 30-89 days past due | Federal Housing Administration Loan          
Financing Receivable, Modifications          
Total 74   74   49
Residential Mortgage | 90 days or more past due          
Financing Receivable, Modifications          
Residential mortgage loans         2
Residential Mortgage | 90 days or more past due | Federal Housing Administration Loan          
Financing Receivable, Modifications          
Total 139   139   139
Residential Mortgage | Nonperforming          
Financing Receivable, Modifications          
Residential mortgage loans 2   2    
Residential Mortgage | Residential mortgage loans          
Financing Receivable, Modifications          
Year One 2,837   2,837   5,887
Year Two 5,532   5,532   3,312
Year Three 3,047   3,047   1,300
Year Four 1,084   1,084   422
Year Five 365   365   966
Prior 4,610   4,610   4,356
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 17,475   17,475   16,243
Residential Mortgage | Residential mortgage loans | Performing          
Financing Receivable, Modifications          
Year One 2,837   2,837   5,887
Year Two 5,530   5,530   3,312
Year Three 3,044   3,044   1,299
Year Four 1,080   1,080   422
Year Five 359   359   964
Prior 4,512   4,512   4,326
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 17,362   17,362   16,210
Residential Mortgage | Residential mortgage loans | Performing | Current          
Financing Receivable, Modifications          
Year One 2,836   2,836   5,886
Year Two 5,528   5,528   3,309
Year Three 3,042   3,042   1,294
Year Four 1,079   1,079   418
Year Five 358   358   954
Prior 4,495   4,495   4,261
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 17,338   17,338   16,122
Residential Mortgage | Residential mortgage loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 1   1   1
Year Two 1   1   1
Year Three 2   2   1
Year Four 1   1   1
Year Five 0   0   1
Prior 12   12   13
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 17   17   18
Residential Mortgage | Residential mortgage loans | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 1   1   2
Year Three 0   0   4
Year Four 0   0   3
Year Five 1   1   9
Prior 5   5   52
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 7   7   70
Residential Mortgage | Residential mortgage loans | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 2   2   0
Year Three 3   3   1
Year Four 4   4   0
Year Five 6   6   2
Prior 98   98   30
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 113   113   33
Consumer | Home equity          
Financing Receivable, Modifications          
Year One 12   12   2
Year Two 2   2   6
Year Three 5   5   13
Year Four 9   9   18
Year Five 13   13   2
Prior 104   104   126
Revolving Loans 3,839   3,839   3,904
Revolving Loans Converted to Term Loans 16   16   13
Total 4,000   4,000   4,084
Consumer | Home equity | Performing          
Financing Receivable, Modifications          
Year One 12   12   2
Year Two 2   2   6
Year Three 5   5   13
Year Four 9   9   18
Year Five 13   13   2
Prior 96   96   117
Revolving Loans 3,780   3,780   3,837
Revolving Loans Converted to Term Loans 15   15   12
Total 3,932   3,932   4,007
Consumer | Home equity | Performing | Current          
Financing Receivable, Modifications          
Year One 12   12   2
Year Two 2   2   6
Year Three 5   5   13
Year Four 9   9   18
Year Five 13   13   2
Prior 93   93   113
Revolving Loans 3,760   3,760   3,815
Revolving Loans Converted to Term Loans 15   15   12
Total 3,909   3,909   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 1   1   1
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 1   1   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 59   59   67
Revolving Loans Converted to Term Loans 1   1   1
Total 68   68   77
Consumer | Indirect secured consumer loans          
Financing Receivable, Modifications          
Year One 4,963   4,963   8,760
Year Two 6,466   6,466   4,244
Year Three 2,951   2,951   2,253
Year Four 1,437   1,437   926
Year Five 523   523   401
Prior 306   306   199
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 16,646   16,646   16,783
Consumer | Indirect secured consumer loans | Performing          
Financing Receivable, Modifications          
Year One 4,963   4,963   8,760
Year Two 6,465   6,465   4,232
Year Three 2,945   2,945   2,248
Year Four 1,434   1,434   921
Year Five 520   520   398
Prior 304   304   197
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 16,631   16,631   16,756
Consumer | Indirect secured consumer loans | Performing | Current          
Financing Receivable, Modifications          
Year One 4,944   4,944   8,732
Year Two 6,430   6,430   4,206
Year Three 2,920   2,920   2,221
Year Four 1,413   1,413   902
Year Five 508   508   389
Prior 298   298   194
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 16,513   16,513   16,644
Consumer | Indirect secured consumer loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 18   18   26
Year Two 32   32   24
Year Three 23   23   25
Year Four 19   19   17
Year Five 11   11   8
Prior 5   5   3
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 108   108   103
Consumer | Indirect secured consumer loans | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 1   1   2
Year Two 3   3   2
Year Three 2   2   2
Year Four 2   2   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 10   10   9
Consumer | Indirect secured consumer loans | Nonperforming          
Financing Receivable, Modifications          
Year One 0   0   0
Year Two 1   1   12
Year Three 6   6   5
Year Four 3   3   5
Year Five 3   3   3
Prior 2   2   2
Revolving Loans 0   0   0
Revolving Loans Converted to Term Loans 0   0   0
Total 15   15   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 1,770   1,770   1,766
Revolving Loans Converted to Term Loans 0   0   0
Total 1,770   1,770   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 1,747   1,747   1,743
Revolving Loans Converted to Term Loans 0   0   0
Total 1,747   1,747   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 1,715   1,715   1,710
Revolving Loans Converted to Term Loans 0   0   0
Total 1,715   1,715   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 18   18   18
Revolving Loans Converted to Term Loans 0   0   0
Total 18   18   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 14   14   15
Revolving Loans Converted to Term Loans 0   0   0
Total 14   14   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 1,729   1,729   695
Year Two 613   613   532
Year Three 394   394   279
Year Four 193   193   176
Year Five 127   127   106
Prior 163   163   47
Revolving Loans 962   962   916
Revolving Loans Converted to Term Loans 24   24   1
Total 4,205   4,205   2,752
Consumer | Other consumer loans | Performing          
Financing Receivable, Modifications          
Year One 1,728   1,728   695
Year Two 612   612   532
Year Three 394   394   279
Year Four 193   193   176
Year Five 127   127   106
Prior 162   162   47
Revolving Loans 962   962   915
Revolving Loans Converted to Term Loans 24   24   1
Total 4,202   4,202   2,751
Consumer | Other consumer loans | Performing | Current          
Financing Receivable, Modifications          
Year One 1,723   1,723   692
Year Two 607   607   530
Year Three 391   391   275
Year Four 191   191   174
Year Five 125   125   105
Prior 160   160   47
Revolving Loans 957   957   913
Revolving Loans Converted to Term Loans 24   24   0
Total 4,178   4,178   2,736
Consumer | Other consumer loans | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 5   5   3
Year Two 5   5   2
Year Three 3   3   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 0   0   1
Total 23   23   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 0   0   0
Year Five 0   0   0
Prior 0   0   0
Revolving Loans 1   1   0
Revolving Loans Converted to Term Loans 0   0   0
Total 1   1   1
Consumer | Other consumer loans | Nonperforming          
Financing Receivable, Modifications          
Year One 1   1   0
Year Two 1   1   0
Year Three 0   0   0
Year Four 0   0   0
Year Five 0   0   0
Prior 1   1   0
Revolving Loans 0   0   1
Revolving Loans Converted to Term Loans 0   0   0
Total 3   3   1
Residential Mortgage and Consumer          
Financing Receivable, Modifications          
Year One 9,541   9,541   15,344
Year Two 12,613   12,613   8,094
Year Three 6,397   6,397   3,845
Year Four 2,723   2,723   1,542
Year Five 1,028   1,028   1,475
Prior 5,183   5,183   4,728
Revolving Loans 6,571   6,571   6,586
Revolving Loans Converted to Term Loans 40   40   14
Total 44,096   44,096   41,628
Residential Mortgage and Consumer | Performing          
Financing Receivable, Modifications          
Year One 9,540   9,540   15,344
Year Two 12,609   12,609   8,082
Year Three 6,388   6,388   3,839
Year Four 2,716   2,716   1,537
Year Five 1,019   1,019   1,470
Prior 5,074   5,074   4,687
Revolving Loans 6,489   6,489   6,495
Revolving Loans Converted to Term Loans 39   39   13
Total 43,874   43,874   41,467
Residential Mortgage and Consumer | Performing | Current          
Financing Receivable, Modifications          
Year One 9,515   9,515   15,312
Year Two 12,567   12,567   8,051
Year Three 6,358   6,358   3,803
Year Four 2,692   2,692   1,512
Year Five 1,004   1,004   1,450
Prior 5,046   5,046   4,615
Revolving Loans 6,432   6,432   6,438
Revolving Loans Converted to Term Loans 39   39   12
Total 43,653   43,653   41,193
Residential Mortgage and Consumer | Performing | 30-89 days past due          
Financing Receivable, Modifications          
Year One 24   24   30
Year Two 38   38   27
Year Three 28   28   29
Year Four 22   22   20
Year Five 13   13   10
Prior 21   21   19
Revolving Loans 42   42   42
Revolving Loans Converted to Term Loans 0   0   1
Total 188   188   178
Residential Mortgage and Consumer | Performing | 90 days or more past due          
Financing Receivable, Modifications          
Year One 1   1   2
Year Two 4   4   4
Year Three 2   2   7
Year Four 2   2   5
Year Five 2   2   10
Prior 7   7   53
Revolving Loans 15   15   15
Revolving Loans Converted to Term Loans 0   0   0
Total 33   33   96
Residential Mortgage and Consumer | Nonperforming          
Financing Receivable, Modifications          
Year One 1   1   0
Year Two 4   4   12
Year Three 9   9   6
Year Four 7   7   5
Year Five 9   9   5
Prior 109   109   41
Revolving Loans 82   82   91
Revolving Loans Converted to Term Loans 1   1   1
Total $ 222   $ 222   $ 161
[1] Includes $125 and $154 of residential mortgage loans measured at fair value at September 30, 2022 and December 31, 2021, respectively.
[2] Includes $19 and $24 of other short-term investments, $223 and $322 of portfolio loans and leases, $(3) and $(2) of ALLL, $2 and $2 of other assets, $9 and $1 of other liabilities, and $156 and $263 of long-term debt from consolidated VIEs that are included in their respective captions above at September 30, 2022 and December 31, 2021, respectively. For further information, refer to Note 12.