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 June 30, 2012				Residential
($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
Transactions in the ALLL:
	Balance, beginning of period	$	1,424	233	341	128	2,126
	Losses charged off		(95)	(38)	(86)	-	(219)
	Recoveries of losses previously charged off		17	2	19	-	38
	Provision for loan and lease losses		1	35	42	(7)	71
Balance, end of period		$	1,347	232	316	121	2,016

For the three months ended June 30, 2011				Residential
($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
Transactions in the ALLL:
	Balance, beginning of period	$	1,855	286	519	145	2,805
	Losses charged off		(158)	(37)	(148)	-	(343)
	Recoveries of losses previously charged off		17	1	21	-	39
	Provision for loan and lease losses		50	18	60	(15)	113
Balance, end of period		$	1,764	268	452	130	2,614

For the six months ended June 30, 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		(211)	(76)	(185)	-	(472)
	Recoveries of losses previously charged off		33	3	35	-	71
	Provision for loan and lease losses		(2)	78	101	(15)	162
Balance, end of period		$	1,347	232	316	121	2,016

For the six months ended June 30, 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		(334)	(104)	(302)	-	(740)
	Recoveries of losses previously charged off		29	3	37	-	69
	Provision for loan and lease losses		80	59	162	(20)	281
Balance, end of period		$	1,764	268	452	130	2,614

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


				Residential
As of June 30, 2012 ($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
ALLL:^(a)
	Individually evaluated for impairment	$	116	129	63	-	308
	Collectively evaluated for impairment		1,230	102	253	-	1,585
	Loans acquired with deteriorated credit quality		1	1	-	-	2
	Unallocated		-	-	-	121	121
Total ALLL		$	1,347	232	316	121	2,016
Loans and leases:^(b)
	Individually evaluated for impairment	$	1,198	1,265	562	-	3,025
	Collectively evaluated for impairment		45,363	10,080	23,805	-	79,248
	Loans acquired with deteriorated credit quality		2	8	-	-	10
Total portfolio loans and leases		$	46,563	11,353	24,367	-	82,283


				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 June 30, 2011 ($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
ALLL:^(a)
	Individually evaluated for impairment	$	245	126	74	-	445
	Collectively evaluated for impairment		1,518	141	378	-	2,037
	Loans acquired with deteriorated credit quality		1	1	-	-	2
	Unallocated		-	-	-	130	130
Total ALLL		$	1,764	268	452	130	2,614
Loans and leases:^(b)
	Individually evaluated for impairment	$	1,181	1,220	589	-	2,990
	Collectively evaluated for impairment		42,252	8,559	24,093	-	74,904
	Loans acquired with deteriorated credit quality		3	11	-	-	14
Total portfolio loans and leases		$	43,436	9,790	24,682	-	77,908

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 June 30, 2012 ($ in millions)		Pass	Mention	Substandard	Doubtful	Total
Commercial and industrial loans	$	29,379	1,575	1,626	32	32,612
Commercial mortgage loans owner-occupied		3,902	491	752	7	5,152
Commercial mortgage loans nonowner-occupied		3,015	559	922	14	4,510
Commercial construction loans		364	170	285	3	822
Commercial leases		3,388	56	23	-	3,467
Total	$	40,048	2,851	3,608	56	46,563


			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 June 30, 2011 ($ in millions)		Pass	Mention	Substandard	Doubtful	Total
Commercial and industrial loans	$	24,268	1,594	2,077	160	28,099
Commercial mortgage loans owner-occupied		3,995	430	779	25	5,229
Commercial mortgage loans nonowner-occupied		3,195	640	1,134	35	5,004
Commercial construction loans		948	303	473	54	1,778
Commercial leases		3,232	52	40	2	3,326
Total	$	35,638	3,019	4,503	276	43,436

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:


		June 30, 2012		December 31, 2011		June 30, 2011
($ in millions)		Performing	Nonperforming	Performing	Nonperforming	Performing	Nonperforming
Residential mortgage loans^(a)	$	11,093	260	10,332	275	9,518	272
Home equity		10,323	54	10,665	54	10,990	58
Automobile loans		11,736	3	11,825	2	11,312	3
Credit card		1,901	42	1,930	48	1,806	50
Other consumer loans and leases		308	-	349	1	460	3
Total	$	35,361	359	35,101	380	34,086	386

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 June 30, 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	$	32,360	41	211	252	32,612	2
	Commercial mortgage owner-occupied loans		4,992	28	132	160	5,152	22
	Commercial mortgage nonowner-occupied loans		4,306	36	168	204	4,510	0
	Commercial construction loans		714	3	105	108	822	0
	Commercial leases		3,464	1	2	3	3,467	0
Residential mortgage loans^{(a) (b)}			10,917	99	337	436	11,353	80
Consumer:
	Home equity		10,131	125	121	246	10,377	67
	Automobile loans		11,680	49	10	59	11,739	8
	Credit card		1,851	40	52	92	1,943	24
	Other consumer loans and leases		308	0	0	0	308	0
Total portfolio loans and leases^{(a) (d)}		$	80,723	422	1,138	1,560	82,283	203


				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) (d)}		$	79,207	519	1,227	1,746	80,953	200


				Past Due
			Current		90 Days			90 Days Past
As of June 30, 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	$	27,737	70	292	362	28,099	7
	Commercial mortgage owner-occupied loans		5,064	41	124	165	5,229	8
	Commercial mortgage nonowner-occupied loans		4,746	37	221	258	5,004	4
	Commercial construction loans		1,556	40	182	222	1,778	48
	Commercial leases		3,314	3	9	12	3,326	1
Residential mortgage loans^{(a) (b)}			9,334	102	354	456	9,790	87
Consumer:
	Home equity		10,775	130	143	273	11,048	84
	Automobile loans		11,234	68	13	81	11,315	10
	Credit card		1,755	28	73	101	1,856	30
	Other consumer loans and leases		459	1	3	4	463	0
Total portfolio loans and leases^{(a) (d)}		$	75,974	520	1,414	1,934	77,908	279

(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 June 30, 2011, $28 of these loans were 30-89 days past due and $271 were 90 days or more past due. The Bancorp recognized an immaterial amount of losses for the three months ended June 30, 2011 and $1 million for the six months ended June 30, 2011 due to claim denials and curtailments associated with these advances.

(d) Includes $1 of government insured loans 30-89 days past due and accruing of government insured commercial loans whose repayments are insured by the Small Business Administration at June 30, 2011 and an immaterial amount of government insured commercial loans 90 days past due and still accruing.

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 June 30, 2012			Principal	Recorded
($ in millions)			Balance	Investment^(a)	Allowance
With a related allowance recorded:
Commercial:
	Commercial and industrial loans	$	284	198	80
	Commercial mortgage owner-occupied loans		68	55	8
	Commercial mortgage nonowner-occupied loans		229	174	19
	Commercial construction loans		152	108	9
	Commercial leases		12	4	1
Restructured residential mortgage loans			1,045	996	129
Restructured consumer:
	Home equity		404	401	45
	Automobile loans		36	36	5
	Credit card		97	84	13
Total impaired loans with a related allowance		$	2,327	2,056	309
With no related allowance recorded:
Commercial:
	Commercial and industrial loans	$	334	260	0
	Commercial mortgage owner-occupied loans		130	117	0
	Commercial mortgage nonowner-occupied loans		264	209	0
	Commercial construction loans		115	68	0
	Commercial leases		7	7	0
Restructured residential mortgage loans			323	269	0
Restructured consumer:
	Home equity		40	38	0
	Automobile loans		3	3	0
Total impaired loans with no related allowance			1,216	971	0
Total impaired loans and leases		$	3,543	3,027	309


			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 June 30, 2011			Principal	Recorded
($ in millions)			Balance	Investment^(a)	Allowance
With a related allowance recorded:
Commercial:
	Commercial and industrial loans	$	414	394	184
	Commercial mortgage owner-occupied loans		49	38	5
	Commercial mortgage nonowner-occupied loans		208	162	30
	Commercial construction loans		207	156	19
	Commercial leases		12	19	8
Restructured residential mortgage loans			1,101	1,053	127
Restructured consumer:
	Home equity		392	389	50
	Automobile loans		36	36	5
	Credit card		105	96	18
	Other consumer loans and leases		5	5	1
Total impaired loans with a related allowance		$	2,529	2,348	447
With no related allowance recorded:
Commercial:
	Commercial and industrial loans	$	210	155	0
	Commercial mortgage owner-occupied loans		60	83	0
	Commercial mortgage nonowner-occupied loans		148	139	0
	Commercial construction loans		70	34	0
	Commercial leases		4	4	0
Restructured residential mortgage loans			221	178	0
Restructured consumer:
	Home equity		62	59	0
	Automobile loans		4	4	0
Total impaired loans with no related allowance			779	656	0
Total impaired loans and leases		$	3,308	3,004	447

(a) Includes $266, $1,088, and $505, respectively, of commercial, residential mortgage and consumer TDRs on accrual status; $188, $127 and $84, 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			For the six months ended
			June 30, 2012			June 30, 2012
			Average	Interest		Average	Interest
			Recorded	Income		Recorded	Income
($ in millions)			Investment	Recognized		Investment	Recognized
Commercial:
	Commercial and industrial loans	$	467	1	$	481	2
	Commercial mortgage owner-occupied loans		164	1		152	2
	Commercial mortgage nonowner-occupied loans		361	2		341	4
	Commercial construction loans		177	1		190	2
	Commercial leases		10	0		11	0
Restructured residential mortgage loans			1,270	13		1,266	25
Restructured consumer:
	Home equity		438	12		441	18
	Automobile loans		39	1		40	1
	Credit card		86	1		83	2
	Other consumer loans and leases		0	0		0	0
Total impaired loans and leases		$	3,012	32	$	3,005	56


			For the three months ended		For the six months ended
			June 30, 2011		June 30, 2011
			Average	Interest	Average	Interest
			Recorded	Income	Recorded	Income
($ in millions)			Investment	Recognized	Investment	Recognized
Commercial:
	Commercial and industrial loans	$	521	12	495	25
	Commercial mortgage owner-occupied loans		121	5	126	10
	Commercial mortgage nonowner-occupied loans		280	8	290	16
	Commercial construction loans		197	6	183	11
	Commercial leases		19	0	23	0
Restructured residential mortgage loans			1,222	11	1,209	21
Restructured consumer:
	Home equity		440	11	444	17
	Automobile loans		40	1	39	1
	Credit card		100	1	98	2
	Other consumer loans and leases		40	0	56	0
Total impaired loans and leases		$	2,980	55	2,963	103

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


			June 30,	December 31,	June 30,
($ in millions)			2012	2011	2011
Commercial:
	Commercial and industrial loans	$	454	487	607
	Commercial mortgage owner-occupied loans		174	170	286
	Commercial mortgage nonowner-occupied loans		240	251	178
	Commercial construction loans		112	138	160
	Commercial leases		3	12	22
Total commercial loans and leases			983	1,058	1,253
Residential mortgage loans			260	275	272
Consumer:
	Home equity		54	54	58
	Automobile loans		3	2	3
	Credit card		42	48	50
	Other consumer loans and leases		0	1	3
Total consumer loans and leases			99	105	114
Total nonperforming loans and leases^{(a) (c)}		$	1,342	1,438	1,639
OREO and other repossessed property^(b)			277	378	449

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) with 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 the 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 the 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 June 30, 2012, December 31, 2011, and June 30, 2011, the Bancorp had $24 million, $42 million, and $37 million in line of credit commitments, respectively, and $25 million in letter of credit commitments at June 30, 2012 and $1 million at December 31, 2011 and June 30, 2011, respectively, 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 June 30, 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	11	$	10	(6)	0
	Commercial mortgage owner-occupied loans	9		7	(1)	0
	Commercial mortgage nonowner-occupied loans	10		16	(6)	0
	Commercial construction loans	0		0	(4)	0
Residential mortgage loans		557		91	8	0
Consumer:
	Home equity	359		23	1	0
	Automobile loans	222		4	1	0
	Credit card	2,991		20	3	0
Total portfolio loans and leases		4,159	$	171	(4)	0

The following table provides a summary of loans modified in a TDR by the Bancorp during the six months ended June 30, 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	41	$	25	(9)	0
	Commercial mortgage owner-occupied loans	36		15	(3)	0
	Commercial mortgage nonowner-occupied loans	40		67	(5)	0
	Commercial construction loans	11		36	(4)	0
Residential mortgage loans		1,037		169	15	0
Consumer:
	Home equity	670		42	2	0
	Automobile loans	561		9	2	0
	Credit card	5,732		38	5	0
Total portfolio loans and leases		8,128	$	401	3	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 June 30, 2012 and within 12 months of the restructuring date:

The following table provides a summary of subsequent defaults that occurred during the six months ended June 30, 2012 and within 12 months of the restructuring date:


		Number of		Recorded
($ in millions)^(a)		Contracts		Investment
Commercial:
	Commercial mortgage owner-occupied loans	2	$	1
	Commercial mortgage nonowner-occupied loans	2		1
	Commercial construction loans	2		3
Residential mortgage loans		126		25
Consumer:
	Home equity	48		3
	Automobile loans	21		0
	Credit card	21		0
Total portfolio loans and leases		222	$	33