The Bancorp disaggregates ALLL balances and transactions in the ALLL by portfolio segment. Credit quality related disclosures for loans and leases are further disaggregated by class



For the three months ended March 31, 2012				Residential
($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
Transactions in the ALLL:
	Balance, beginning of period	$	1,527	227	365	136	2,255
	Losses charged off		(117)	(38)	(98)	-	(253)
	Recoveries of losses previously charged off		15	1	17	-	33
	Provision for loan and lease losses		(1)	43	57	(8)	91
Balance, end of period		$	1,424	233	341	128	2,126

For the three months ended March 31, 2011				Residential
($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
Transactions in the ALLL:
	Balance, beginning of period	$	1,989	310	555	150	3,004
	Losses charged off		(176)	(67)	(154)	-	(397)
	Recoveries of losses previously charged off		12	2	16	-	30
	Provision for loan and lease losses		30	41	102	(5)	168
Balance, end of period		$	1,855	286	519	145	2,805

The following tables provide a summary of the ALLL and related loans and leases classified by portfolio segment:


				Residential
As of March 31, 2012 ($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
ALLL:^(a)
	Individually evaluated for impairment	$	132	130	65	-	327
	Collectively evaluated for impairment		1,291	102	276	-	1,669
	Loans acquired with deteriorated credit quality		1	1	-	-	2
	Unallocated		-	-	-	128	128
Total ALLL		$	1,424	233	341	128	2,126
Loans and leases:^(b)
	Individually evaluated for impairment	$	1,158	1,247	570	-	2,975
	Collectively evaluated for impairment		45,317	9,772	23,972	-	79,061
	Loans acquired with deteriorated credit quality		2	8	-	-	10
Total portfolio loans and leases		$	46,477	11,027	24,542	-	82,046


				Residential
As of December 31, 2011 ($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
ALLL:^(a)
	Individually evaluated for impairment	$	155	130	65	-	350
	Collectively evaluated for impairment		1,371	96	300	-	1,767
	Loans acquired with deteriorated credit quality		1	1	-	-	2
	Unallocated		-	-	-	136	136
Total ALLL		$	1,527	227	365	136	2,255
Loans and leases:^(b)
	Individually evaluated for impairment	$	1,170	1,258	574	-	3,002
	Collectively evaluated for impairment		44,299	9,341	24,300	-	77,940
	Loans acquired with deteriorated credit quality		3	8	-	-	11
Total portfolio loans and leases		$	45,472	10,607	24,874	-	80,953


				Residential
As of March 31, 2011 ($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
ALLL:^(a)
	Individually evaluated for impairment	$	286	123	107	-	516
	Collectively evaluated for impairment		1,568	161	412	-	2,141
	Loans acquired with deteriorated credit quality		1	2	-	-	3
	Unallocated		-	-	-	145	145
Total ALLL		$	1,855	286	519	145	2,805
Loans and leases:^(b)
	Individually evaluated for impairment	$	1,086	1,193	655	-	2,934
	Collectively evaluated for impairment		42,111	8,272	24,071	-	74,454
	Loans acquired with deteriorated credit quality		4	11	8	-	23
Total portfolio loans and leases		$	43,201	9,476	24,734	-	77,411

For purposes of monitoring the credit quality and risk characteristics of its commercial portfolio segment, the Bancorp disaggregates the segment into the following classes: commercial and industrial, commercial mortgage owner-occupied, commercial mortgage nonowner-occupied, commercial construction and commercial leasing.

To facilitate the monitoring of credit quality within the commercial portfolio segment, and for purposes of analyzing historical loss rates used in the determination of the ALLL for the commercial portfolio segment, the Bancorp utilizes the following categories of credit grades: pass, special mention, substandard, doubtful or loss. The five categories, which are derived from standard regulatory rating definitions, are assigned upon initial approval of credit to borrowers and updated periodically thereafter. Pass ratings, which are assigned to those borrowers that do not have identified potential or well defined weaknesses and for which there is a high likelihood of orderly repayment, are updated periodically based on the size and credit characteristics of the borrower. All other categories are updated on a quarterly basis during the month preceding the end of the calendar quarter.

The Bancorp assigns a special mention rating to loans and leases that have potential weaknesses that deserve management's close attention. If left uncorrected, these potential weaknesses may, at some future date, result in the deterioration of the repayment prospects for the loan or lease or the Bancorp's credit position.

The Bancorp assigns a substandard rating to loans and leases that are inadequately protected by the current sound worth and paying capacity of the borrower or of the collateral pledged. Substandard loans and leases have well defined weaknesses or weaknesses that could jeopardize the orderly repayment of the debt. Loans and leases in this grade also are characterized by the distinct possibility that the Bancorp will sustain some loss if the deficiencies noted are not addressed and corrected.

The Bancorp assigns a doubtful rating to loans and leases that have all the attributes of a substandard rating with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The possibility of loss is extremely high, but because of certain important and reasonable specific pending factors that may work to the advantage of and strengthen the credit quality of the loan or lease, its classification as an estimated loss is deferred until its more exact status may be determined. Pending factors may include a proposed merger or acquisition, liquidation proceeding, capital injection, perfecting liens on additional collateral or refinancing plans.

Loans and leases classified as loss are considered uncollectible and are charged off in the period in which they are determined to be uncollectible. Because loans and leases in this category are fully charged down, they are not included in the following tables.

The following table summarizes the credit risk profile of the Bancorp's commercial portfolio segment, by class:


			Special
As of March 31, 2012 ($ in millions)		Pass	Mention	Substandard	Doubtful	Total
Commercial and industrial loans	$	28,761	1,479	1,805	110	32,155
Commercial mortgage loans owner-occupied		3,850	509	802	15	5,176
Commercial mortgage loans nonowner-occupied		3,172	566	971	24	4,733
Commercial construction loans		326	218	342	15	901
Commercial leases		3,414	40	57	1	3,512
Total	$	39,523	2,812	3,977	165	46,477


			Special
As of December 31, 2011 ($ in millions)		Pass	Mention	Substandard	Doubtful	Total
Commercial and industrial loans	$	27,199	1,641	1,831	112	30,783
Commercial mortgage loans owner-occupied		3,893	567	778	28	5,266
Commercial mortgage loans nonowner-occupied		3,328	521	984	39	4,872
Commercial construction loans		343	235	413	29	1,020
Commercial leases		3,434	52	44	1	3,531
Total	$	38,197	3,016	4,050	209	45,472

			Special
As of March 31, 2011 ($ in millions)		Pass	Mention	Substandard	Doubtful	Total
Commercial and industrial loans	$	23,092	1,788	2,350	114	27,344
Commercial mortgage loans owner-occupied		4,027	435	801	18	5,281
Commercial mortgage loans nonowner-occupied		3,352	659	1,152	66	5,229
Commercial construction loans		1,029	412	516	23	1,980
Commercial leases		3,273	46	46	2	3,367
Total	$	34,773	3,340	4,865	223	43,201

For purposes of monitoring the credit quality and risk characteristics of its consumer portfolio segment, the Bancorp disaggregates the segment into the following classes: home equity, automobile loans, credit card, and other consumer loans and leases. The Bancorp's residential mortgage portfolio segment is also a separate class.

The Bancorp considers repayment performance as the best indicator of credit quality for residential mortgage and consumer loans, which includes both the delinquency status and performing versus nonperforming status of the loans. The delinquency status of all residential mortgage and consumer loans is presented by class in the age analysis section below while the performing versus nonperforming status is presented in the table below. Residential mortgage loans that have principal and interest payments that have become past due 150 days and home equity loans with principal and interest payments that have become past due 180 days are classified as nonperforming unless such loans are both well secured and in the process of collection. Automobile and other consumer loans and leases that have been modified in a TDR and subsequently become past due 90 days are classified as nonperforming. Credit card loans that have been modified in a TDR are classified as nonperforming unless such loans have a sustained repayment performance of six months or greater and are reasonably assured of repayment in accordance with the restructured terms. Well secured loans are collateralized by perfected security interests in real and/or personal property for which the Bancorp estimates proceeds from sale would be sufficient to recover the outstanding principal and accrued interest balance of the loan and pay all costs to sell the collateral. The Bancorp considers a loan in the process of collection if collection efforts or legal action is proceeding and the Bancorp expects to collect funds sufficient to bring the loan current or recover the entire outstanding principal and accrued interest balance

The following table presents a summary of the Bancorp's residential mortgage and consumer portfolio segments disaggregated into performing versus nonperforming status as of:


		March 31, 2012		December 31, 2011		March 31, 2011
($ in millions)		Performing	Nonperforming	Performing	Nonperforming	Performing	Nonperforming
Residential mortgage loans^(a)	$	10,762	265	10,332	275	9,215	261
Home equity		10,443	50	10,665	54	11,166	56
Automobile loans		11,829	3	11,825	2	11,126	3
Credit card		1,851	45	1,930	48	1,767	54
Other consumer loans and leases		320	1	349	1	502	60
Total	$	35,205	364	35,101	380	33,776	434

The following tables summarize the Bancorp's recorded investment in portfolio loans and leases by age and class:


				Past Due
			Current		90 Days			90 Days Past
As of March 31, 2012			Loans and	30-89	and	Total	Total Loans	Due and Still
($ in millions)			Leases	Days	Greater^(c)	Past Due	and Leases	Accruing
Commercial:
	Commercial and industrial loans	$	31,872	77	206	283	32,155	2
	Commercial mortgage owner-occupied loans		5,010	30	136	166	5,176	30
	Commercial mortgage nonowner-occupied loans		4,516	48	169	217	4,733	0
	Commercial construction loans		782	5	114	119	901	0
	Commercial leases		3,507	1	4	5	3,512	0
Residential mortgage loans^{(a) (b)}			10,594	97	336	433	11,027	73
Consumer:
	Home equity		10,250	118	125	243	10,493	74
	Automobile loans		11,771	50	11	61	11,832	8
	Credit card		1,795	31	70	101	1,896	29
	Other consumer loans and leases		319	1	1	2	321	0
Total portfolio loans and leases^(a)		$	80,416	458	1,172	1,630	82,046	216


				Past Due
			Current		90 Days			90 Days Past
As of December 31, 2011			Loans and	30-89	and	Total	Total Loans	Due and Still
($ in millions)			Leases	Days	Greater^(c)	Past Due	and Leases	Accruing
Commercial:
	Commercial and industrial loans	$	30,493	49	241	290	30,783	4
	Commercial mortgage owner-occupied loans		5,088	62	116	178	5,266	1
	Commercial mortgage nonowner-occupied loans		4,649	41	182	223	4,872	2
	Commercial construction loans		887	12	121	133	1,020	1
	Commercial leases		3,521	4	6	10	3,531	0
Residential mortgage loans^{(a) (b)}			10,149	110	348	458	10,607	79
Consumer:
	Home equity		10,455	136	128	264	10,719	74
	Automobile loans		11,744	71	12	83	11,827	9
	Credit card		1,873	33	72	105	1,978	30
	Other consumer loans and leases		348	1	1	2	350	0
Total portfolio loans and leases^(a)		$	79,207	519	1,227	1,746	80,953	200


				Past Due
			Current		90 Days			90 Days Past
As of March 31, 2011			Loans and	30-89	and	Total	Total Loans	Due and Still
($ in millions)			Leases	Days	Greater^(c)	Past Due	and Leases	Accruing
Commercial:
	Commercial and industrial loans	$	26,920	132	292	424	27,344	8
	Commercial mortgage owner-occupied loans		5,094	57	130	187	5,281	4
	Commercial mortgage nonowner-occupied loans		4,931	103	195	298	5,229	4
	Commercial construction loans		1,775	50	155	205	1,980	23
	Commercial leases		3,352	5	10	15	3,367	0
Residential mortgage loans^{(a) (b)}			9,001	119	356	475	9,476	98
Consumer:
	Home equity		10,946	136	140	276	11,222	84
	Automobile loans		11,050	67	12	79	11,129	9
	Credit card		1,703	36	82	118	1,821	36
	Other consumer loans and leases		500	2	60	62	562	0
Total portfolio loans and leases^(a)		$	75,272	707	1,432	2,139	77,411	266

(b) Information for current residential mortgage loans includes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs. As of March 31, 2011 $50 of these loans were 30-89 days past due and $298 were 90 days or more past due. The Bancorp recognized an immaterial amount of losses for the three months ended March 31, 2011 due to claim denials and curtailments associated with these advances.

Larger commercial loans included within aggregate borrower relationship balances exceeding $1 million that exhibit probable or observed credit weaknesses are subject to individual review for impairment. The Bancorp also performs an individual review on loans that are restructured in a troubled debt restructuring. The Bancorp considers the current value of collateral, credit quality of any guarantees, the loan structure, and other factors when evaluating whether an individual loan is impaired. Other factors may include the geography and industry of the borrower, size and financial condition of the borrower, cash flow and leverage of the borrower, and the Bancorp's evaluation of the borrower's management. Smaller-balance homogenous loans that are collectively evaluated for impairment are not included in the following tables.

The following tables summarize the Bancorp's impaired loans and leases (by class) that were subject to individual review:


			Unpaid
As of March 31, 2012			Principal	Recorded
($ in millions)			Balance	Investment^(a)	Allowance
With a related allowance recorded:
Commercial:
	Commercial and industrial loans	$	367	248	92
	Commercial mortgage owner-occupied loans		88	69	9
	Commercial mortgage nonowner-occupied loans		227	159	19
	Commercial construction loans		142	85	12
	Commercial leases		4	4	1
Restructured residential mortgage loans			1,044	997	131
Restructured consumer:
	Home equity		401	398	47
	Automobile loans		39	39	5
	Credit card		95	87	13
	Other consumer loans and leases		2	2	0
Total impaired loans with a related allowance		$	2,409	2,088	329
With no related allowance recorded:
Commercial:
	Commercial and industrial loans	$	275	228	0
	Commercial mortgage owner-occupied loans		99	88	0
	Commercial mortgage nonowner-occupied loans		205	179	0
	Commercial construction loans		130	94	0
	Commercial leases		6	6	0
Restructured residential mortgage loans			312	258	0
Restructured consumer:
	Home equity		44	41	0
	Automobile loans		3	3	0
Total impaired loans with no related allowance			1,074	897	0
Total impaired loans and leases		$	3,483	2,985	329


			Unpaid
As of December 31, 2011			Principal	Recorded
($ in millions)			Balance	Investment^(a)	Allowance
With a related allowance recorded:
Commercial:
	Commercial and industrial loans	$	330	246	102
	Commercial mortgage owner-occupied loans		66	52	10
	Commercial mortgage nonowner-occupied loans		203	147	24
	Commercial construction loans		213	120	18
	Commercial leases		11	10	2
Restructured residential mortgage loans			1,091	1,038	131
Restructured consumer:
	Home equity		401	397	46
	Automobile loans		37	37	5
	Credit card		94	88	14
	Other consumer loans and leases		2	2	0
Total impaired loans with a related allowance		$	2,448	2,137	352
With no related allowance recorded:
Commercial:
	Commercial and industrial loans	$	375	265	0
	Commercial mortgage owner-occupied loans		78	69	0
	Commercial mortgage nonowner-occupied loans		191	157	0
	Commercial construction loans		143	105	0
	Commercial leases		2	2	0
Restructured residential mortgage loans			276	228	0
Restructured consumer:
	Home equity		48	46	0
	Automobile loans		4	4	0
Total impaired loans with no related allowance			1,117	876	0
Total impaired loans and leases		$	3,565	3,013	352


			Unpaid
As of March 31, 2011			Principal	Recorded
($ in millions)			Balance	Investment^(a)	Allowance
With a related allowance recorded:
Commercial:
	Commercial and industrial loans	$	479	351	162
	Commercial mortgage owner-occupied loans		107	66	17
	Commercial mortgage nonowner-occupied loans		169	117	21
	Commercial construction loans		252	159	39
	Commercial leases		10	10	48
Restructured residential mortgage loans			1,094	1,044	125
Restructured consumer:
	Home equity		395	393	52
	Automobile loans		35	34	5
	Credit card		112	99	19
	Other consumer loans and leases		87	84	31
Total impaired loans with a related allowance		$	2,740	2,357	519
With no related allowance recorded:
Commercial:
	Commercial and industrial loans	$	178	142	0
	Commercial mortgage owner-occupied loans		64	54	0
	Commercial mortgage nonowner-occupied loans		171	144	0
	Commercial construction loans		73	43	0
	Commercial leases		4	4	0
Restructured residential mortgage loans			201	160	0
Restructured consumer:
	Home equity		50	48	0
	Automobile loans		5	5	0
Total impaired loans with no related allowance			746	600	0
Total impaired loans and leases		$	3,486	2,957	519

(a) Includes $243, $1,083, and $515, respectively, of commercial, residential mortgage and consumer TDRs on accrual status; $149, $121 and $148, respectively, of commercial, residential mortgage and consumer TDRs on nonaccrual status.

The following table summarizes the Bancorp's average impaired loans and leases and interest income by class:


			For the three months ended
			March 31, 2012
			Average	Interest
			Recorded	Income
($ in millions)			Investment	Recognized
Commercial:
	Commercial and industrial loans	$	494	1
	Commercial mortgage owner-occupied loans		139	1
	Commercial mortgage nonowner-occupied loans		320	2
	Commercial construction loans		202	1
	Commercial leases		11	0
Restructured residential mortgage loans			1,262	12
Restructured consumer:
	Home equity		444	6
	Automobile loans		41	0
	Credit card		80	1
Total impaired loans and leases		$	2,993	24


			For the three months ended
			March 31, 2011
			Average	Interest
			Recorded	Income
($ in millions)			Investment	Recognized
Commercial:
	Commercial and industrial loans	$	509	13
	Commercial mortgage owner-occupied loans		109	5
	Commercial mortgage nonowner-occupied loans		277	8
	Commercial construction loans		206	5
	Commercial leases		14	0
Restructured residential mortgage loans			1,196	10
Restructured consumer:
	Home equity		441	6
	Automobile loans		39	0
	Credit card		86	1
	Other consumer loans and leases		82	0
Total impaired loans and leases		$	2,959	48

The following table summarizes the Bancorp's nonperforming loans and leases, by class, as of:


			March 31,	December 31,	March 31,
($ in millions)			2012	2011	2011
Commercial:
	Commercial and industrial loans	$	442	487	572
	Commercial mortgage owner-occupied loans		180	170	271
	Commercial mortgage nonowner-occupied loans		225	251	182
	Commercial construction loans		131	138	168
	Commercial leases		10	12	18
Total commercial loans and leases			988	1,058	1,211
Residential mortgage loans			265	275	261
Consumer:
	Home equity		50	54	56
	Automobile loans		3	2	3
	Credit card		45	48	54
	Other consumer loans and leases		1	1	60
Total consumer loans and leases			99	105	173
Total nonperforming loans and leases^(a)		$	1,352	1,438	1,645
OREO and other repossessed property^(b)			321	378	481

If a borrower is experiencing financial difficulty, the Bancorp may consider, in certain circumstances, modifying the terms of their loan to maximize collection of amounts due. Within each of the Bancorp's loan classes, TDRs typically involve either a reduction of the stated interest rate of the loan, an extension of the loan's maturity date(s) at a stated rate lower than the current market rate for a new loan with similar risk, or in limited circumstances, a reduction of the principal balance of the loan or the loan's accrued interest. Modifying the terms of loans may result in an increase or decrease to the ALLL depending upon the terms modified, the method used to measure the ALLL for a loan prior to modification, and whether any charge-offs were recorded on the loan before or at the time of modification. Refer to the ALLL section of Note 1 in the Bancorp's Form 10-K for information on the Bancorp's ALLL methodology. Upon modification of a loan, the Bancorp measures the related impairment as the difference between the estimated future cash flows, discounted at the original effective yield of the loan, expected to be collected on the modified loan and the carrying value of the loan. The resulting measurement may result in the need for minimal or no valuation allowance because it is probable that all cash flows will be collected under the modified terms of the loan. In addition, if the stated interest rate was increased in a TDR, the cash flows on the modified loan, using pre modification interest rate as the discount rate, often exceed the recorded investment of the loan. Conversely, the Bancorp often recognizes an impairment loss as an increase to ALLL upon a modification that reduces the stated interest rate on a loan. If a TDR involves a reduction of the principal balance of the loan or the loan's accrued interest, that amount is charged off to the ALLL. As of March 31, 2012, December 31, 2011, and March 31, 2011, the Bancorp had $20 million, $42 million, and $38 million in line of credit commitments, respectively, and $1 million in letter of credit commitments to lend additional funds to borrowers whose terms have been modified in a troubled debt restructuring.

The following table provides a summary of loans modified in a TDR by the Bancorp during the three months ended March 31, 2012:


			Recorded investment		Increase
		Number of loans	in loans modified		(Decrease)	Charge-offs
		modified in a TDR	in a TDR		to ALLL upon	recognized upon
($ in millions)^(a)		during the period^(b)	during the period		modification	modification
Commercial:
	Commercial and industrial loans	30	$	15	(3)	0
	Commercial mortgage owner-occupied loans	27		8	(2)	0
	Commercial mortgage nonowner-occupied loans	30		51	1	0
	Commercial construction loans	11		36	0	0
Residential mortgage loans		480		78	7	0
Consumer:
	Home equity	311		19	1	0
	Automobile loans	339		5	1	0
	Credit card	2,741		18	2	0
Total portfolio loans and leases		3,969	$	230	7	0

The Bancorp considers TDRs that become 90 days or more past due under the modified terms as subsequently defaulted. For commercial loans not subject to individual review for impairment, the historical loss rates that are applied to such commercial loans for purposes of determining the allowance include historical losses associated with subsequent defaults on loans previously modified in a TDR. For consumer loans, the Bancorp performs a qualitative assessment of the adequacy of the consumer ALLL by comparing the consumer ALLL to forecasted consumer losses over the projected loss emergence period (the forecasted losses include the impact of subsequent defaults of consumer TDRs). When a residential mortgage, home equity, auto or other consumer loan that has been modified in a TDR subsequently defaults, the present value of expected cash flows used in the measurement of the potential impairment loss is generally limited to the expected net proceeds from the sale of the loan's underlying collateral and any resulting impairment loss is reflected as a charge-off or an increase in ALLL. When a credit card loan that has been modified in a TDR subsequently defaults, the calculation of the impairment loss is consistent with the Bancorp's calculation for other credit card loans that have become 90 days or more past due.

The following table provides a summary of subsequent defaults that occurred during the three months ended March 31, 2012 and within 12 months of the restructuring date:


		Number of		Recorded
($ in millions)^(a)		Contracts		Investment
Commercial:
	Commercial mortgage nonowner-occupied loans	1	$	1
	Commercial construction loans	2		3
Residential mortgage loans		64		11
Consumer:
	Home equity	31		2
	Automobile loans	12		0
	Credit card	17		0
Total portfolio loans and leases		127	$	17