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.

The following tables summarize transactions in the ALLL by portfolio segment:



For the three months ended September 30, 2012				Residential
($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
Transactions in the ALLL:
	Balance, beginning of period	$	1,347	232	316	121	2,016
	Losses charged off		(76)	(28)	(84)	-	(188)
	Recoveries of losses previously charged off		14	2	16	-	32
	Provision for loan and lease losses		2	26	42	(5)	65
Balance, end of period		$	1,287	232	290	116	1,925

For the three months ended September 30, 2011				Residential
($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
Transactions in the ALLL:
	Balance, beginning of period	$	1,764	268	452	130	2,614
	Losses charged off		(146)	(38)	(110)	-	(294)
	Recoveries of losses previously charged off		10	2	20	-	32
	Provision for loan and lease losses		21	1	46	19	87
Balance, end of period		$	1,649	233	408	149	2,439

For the nine months ended September 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		(289)	(104)	(267)	-	(660)
	Recoveries of losses previously charged off		47	5	51	-	103
	Provision for loan and lease losses		2	104	141	(20)	227
Balance, end of period		$	1,287	232	290	116	1,925

For the nine months ended September 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		(480)	(142)	(412)	-	(1,034)
	Recoveries of losses previously charged off		39	5	57	-	101
	Provision for loan and lease losses		101	60	208	(1)	368
Balance, end of period		$	1,649	233	408	149	2,439

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

				Residential
As of September 30, 2012 ($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
ALLL:^(a)
	Individually evaluated for impairment	$	107	134	61	-	302
	Collectively evaluated for impairment		1,179	97	229	-	1,505
	Loans acquired with deteriorated credit quality		1	1	-	-	2
	Unallocated		-	-	-	116	116
Total ALLL		$	1,287	232	290	116	1,925
Loans and leases:^(b)
	Individually evaluated for impairment	$	1,107	1,279	554	-	2,940
	Collectively evaluated for impairment		45,805	10,346	23,884	-	80,035
	Loans acquired with deteriorated credit quality		1	7	-	-	8
Total portfolio loans and leases		$	46,913	11,632	24,438	-	82,983


				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 September 30, 2011 ($ in millions)			Commercial	Mortgage	Consumer	Unallocated	Total
ALLL:^(a)
	Individually evaluated for impairment	$	221	130	65	-	416
	Collectively evaluated for impairment		1,427	102	343	-	1,872
	Loans acquired with deteriorated credit quality		1	1	-	-	2
	Unallocated		-	-	-	149	149
Total ALLL		$	1,649	233	408	149	2,439
Loans and leases:^(b)
	Individually evaluated for impairment	$	1,225	1,237	581	-	3,043
	Collectively evaluated for impairment		42,941	8,940	24,217	-	76,098
	Loans acquired with deteriorated credit quality		3	10	-	-	13
Total portfolio loans and leases		$	44,169	10,187	24,798	-	79,154

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 September 30, 2012 ($ in millions)		Pass	Mention	Substandard	Doubtful	Total
Commercial and industrial loans	$	30,372	1,539	1,398	35	33,344
Commercial mortgage loans owner-occupied		3,886	394	690	3	4,973
Commercial mortgage loans nonowner-occupied		2,981	486	902	6	4,375
Commercial construction loans		362	96	213	1	672
Commercial leases		3,470	45	34	-	3,549
Total	$	41,071	2,560	3,237	45	46,913


			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 September 30, 2011 ($ in millions)		Pass	Mention	Substandard	Doubtful	Total
Commercial and industrial loans	$	25,510	1,598	2,023	127	29,258
Commercial mortgage loans owner-occupied		4,080	562	785	19	5,446
Commercial mortgage loans nonowner-occupied		3,293	550	1,013	28	4,884
Commercial construction loans		418	258	511	26	1,213
Commercial leases		3,298	42	27	1	3,368
Total	$	36,599	3,010	4,359	201	44,169

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. Residential mortgage, home equity, 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 unless the loan is both well secured and in the process of collection. 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:

		September 30, 2012		December 31, 2011		September 30, 2011
($ in millions)		Performing	Nonperforming	Performing	Nonperforming	Performing	Nonperforming
Residential mortgage loans^(a)	$	11,377	255	10,332	275	9,911	276
Home equity		10,187	51	10,665	54	10,862	58
Automobile loans		11,910	2	11,825	2	11,591	2
Credit card		1,955	39	1,930	48	1,832	46
Other consumer loans and leases		294	-	349	1	406	1
Total	$	35,723	347	35,101	380	34,602	383

Age Analysis of Past Due Loans and Leases
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 September 30, 2012			Loans and	30-89	and	Total	Total Loans	Due and Still
($ in millions)			Leases^(c)	Days^(c)	Greater^(c)	Past Due	and Leases	Accruing
Commercial:
	Commercial and industrial loans	$	33,104	55	185	240	33,344	1
	Commercial mortgage owner-occupied loans		4,841	17	115	132	4,973	21
	Commercial mortgage nonowner-occupied loans		4,200	34	141	175	4,375	1
	Commercial construction loans		589	-	83	83	672	-
	Commercial leases		3,547	1	1	2	3,549	-
Residential mortgage loans^{(a) (b)}			11,207	97	328	425	11,632	76
Consumer:
	Home equity		9,994	126	118	244	10,238	65
	Automobile loans		11,840	62	10	72	11,912	9
	Credit card		1,927	37	30	67	1,994	28
	Other consumer loans and leases		292	2	-	2	294	-
Total portfolio loans and leases^{(a) (d)}		$	81,541	431	1,011	1,442	82,983	201


				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^(c)	Days^(c)	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	-
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	-
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 September 30, 2011			Loans and	30-89	and	Total	Total Loans	Due and Still
($ in millions)			Leases^(c)	Days^(c)	Greater^(c)	Past Due	and Leases	Accruing
Commercial:
	Commercial and industrial loans	$	28,949	57	252	309	29,258	9
	Commercial mortgage owner-occupied loans		5,291	35	120	155	5,446	2
	Commercial mortgage nonowner-occupied loans		4,629	73	182	255	4,884	7
	Commercial construction loans		1,024	11	178	189	1,213	44
	Commercial leases		3,355	3	10	13	3,368	1
Residential mortgage loans^{(a) (b)}			9,721	107	359	466	10,187	91
Consumer:
	Home equity		10,651	128	141	269	10,920	83
	Automobile loans		11,514	67	12	79	11,593	9
	Credit card		1,777	32	69	101	1,878	28
	Other consumer loans and leases		405	1	1	2	407	0
Total portfolio loans and leases^{(a) (d)}		$	77,316	514	1,324	1,838	79,154	274

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 September 30, 2012			Principal	Recorded
($ in millions)			Balance	Investment^(a)	Allowance
With a related allowance recorded:
Commercial:
	Commercial and industrial loans	$	278	229	79
	Commercial mortgage owner-occupied loans		63	53	7
	Commercial mortgage nonowner-occupied loans		193	152	14
	Commercial construction loans		80	55	8
Restructured residential mortgage loans			1,052	1,007	134
Restructured consumer:
	Home equity		403	400	46
	Automobile loans		33	33	4
	Credit card		78	78	11
	Other consumer loans and leases		2	2	-
Total impaired loans with a related allowance		$	2,182	2,009	303
With no related allowance recorded:
Commercial:
	Commercial and industrial loans	$	219	193	-
	Commercial mortgage owner-occupied loans		122	111	-
	Commercial mortgage nonowner-occupied loans		269	239	-
	Commercial construction loans		128	68	-
	Commercial leases		8	8	-
Restructured residential mortgage loans			326	272	-
Restructured consumer:
	Home equity		40	38	-
	Automobile loans		3	3	-
Total impaired loans with no related allowance			1,115	932	-
Total impaired loans and leases		$	3,297	2,941	303


			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	-
Total impaired loans with a related allowance		$	2,448	2,137	352
With no related allowance recorded:
Commercial:
	Commercial and industrial loans	$	375	265	-
	Commercial mortgage owner-occupied loans		78	69	-
	Commercial mortgage nonowner-occupied loans		191	157	-
	Commercial construction loans		143	105	-
	Commercial leases		2	2	-
Restructured residential mortgage loans			276	228	-
Restructured consumer:
	Home equity		48	46	-
	Automobile loans		4	4	-
Total impaired loans with no related allowance			1,117	876	-
Total impaired loans and leases		$	3,565	3,013	352


			Unpaid
As of September 30, 2011			Principal	Recorded
($ in millions)			Balance	Investment^(a)	Allowance
With a related allowance recorded:
Commercial:
	Commercial and industrial loans	$	490	375	169
	Commercial mortgage owner-occupied loans		49	36	5
	Commercial mortgage nonowner-occupied loans		192	128	24
	Commercial construction loans		155	102	19
	Commercial leases		14	14	5
Restructured residential mortgage loans			1,106	1,055	131
Restructured consumer:
	Home equity		399	395	46
	Automobile loans		37	37	5
	Credit card		101	90	14
	Other consumer loans and leases		3	3	-
Total impaired loans with a related allowance		$	2,546	2,235	418
With no related allowance recorded:
Commercial:
	Commercial and industrial loans	$	296	233	-
	Commercial mortgage owner-occupied loans		100	86	-
	Commercial mortgage nonowner-occupied loans		166	142	-
	Commercial construction loans		171	106	-
	Commercial leases		6	6	-
Restructured residential mortgage loans			237	192	-
Restructured consumer:
	Home equity		54	51	-
	Automobile loans		5	5	-
Total impaired loans with no related allowance			1,035	821	-
Total impaired loans and leases		$	3,581	3,056	418

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

			For the three months ended			For the nine months ended
			September 30, 2012			September 30, 2012
			Average	Interest		Average	Interest
			Recorded	Income		Recorded	Income
($ in millions)			Investment	Recognized		Investment	Recognized
Commercial:
	Commercial and industrial loans	$	439	1	$	467	3
	Commercial mortgage owner-occupied loans		168	1		157	3
	Commercial mortgage nonowner-occupied loans		387	3		356	7
	Commercial construction loans		149	-		176	2
	Commercial leases		10	-		10	-
Restructured residential mortgage loans			1,276	13		1,269	38
Restructured consumer:
	Home equity		438	19		440	37
	Automobile loans		37	1		39	2
	Credit card		78	1		81	3
	Other consumer loans and leases		2	-		2	-
Total impaired loans and leases		$	2,984	39	$	2,997	95


			For the three months ended			For the nine months ended
			September 30, 2011			September 30, 2011
			Average	Interest		Average	Interest
			Recorded	Income		Recorded	Income
($ in millions)			Investment	Recognized		Investment	Recognized
Commercial:
	Commercial and industrial loans	$	540	15	$	524	40
	Commercial mortgage owner-occupied loans		116	5		121	15
	Commercial mortgage nonowner-occupied loans		287	9		294	25
	Commercial construction loans		190	8		185	19
	Commercial leases		18	-		22	-
Restructured residential mortgage loans			1,243	13		1,219	34
Restructured consumer:
	Home equity		446	17		445	34
	Automobile loans		42	1		40	2
	Credit card		95	1		97	3
	Other consumer loans and leases		28	-		43	-
Total impaired loans and leases		$	3,005	69	$	2,990	172


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

			September 30,	December 31,	September 30,
($ in millions)			2012	2011	2011
Commercial:
	Commercial and industrial loans	$	378	487	562
	Commercial mortgage owner-occupied loans		144	170	168
	Commercial mortgage nonowner-occupied loans		192	251	239
	Commercial construction loans		83	138	168
	Commercial leases		9	12	18
Total commercial loans and leases			806	1,058	1,155
Residential mortgage loans			255	275	276
Consumer:
	Home equity		51	54	58
	Automobile loans		2	2	2
	Credit card		39	48	46
	Other consumer loans and leases		-	1	1
Total consumer loans and leases			92	105	107
Total nonperforming loans and leases^{(a) (c)}		$	1,153	1,438	1,538
OREO and other repossessed property^(b)			293	378	406

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 September 30, 2012, December 31, 2011, and September 30, 2011, the Bancorp had $21 million, $42 million, and $27 million in line of credit commitments, respectively, and $26 million, $1 million, and $4 million in letter of credit commitments at September 30, 2012, December 31, 2011 and September 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:

			Recorded investment		Increase
		Number of loans	in loans modified		(Decrease)	Charge-offs
		modified in a TDR	in a TDR		to ALLL upon	recognized upon
September 30, 2012 ($ in millions)^(a)		during the period^(b)	during the period		modification	modification
Commercial:
	Commercial and industrial loans	20	$	20	-	5
	Commercial mortgage owner-occupied loans	16		29	(3)	2
	Commercial mortgage nonowner-occupied loans	12		11	(3)	-
	Commercial construction loans	3		-	-	-
	Commercial leases	6		3	-	-
Residential mortgage loans		505		90	7	-
Consumer:
	Home equity	364		21	1	-
	Automobile loans	213		3	0	-
	Credit card	2,231		13	2	-
Total portfolio loans and leases		3,370	$	190	4	7

			Recorded investment		Increase
		Number of loans	in loans modified		(Decrease)	Charge-offs
		modified in a TDR	in a TDR		to ALLL upon	recognized upon
September 30, 2011 ($ in millions)^(a)		during the period^(b)	during the period		modification	modification
Commercial:
	Commercial and industrial loans	7	$	33	(2)	-
	Commercial mortgage owner-occupied loans	7		5	(4)	-
	Commercial mortgage nonowner-occupied loans	15		44	(4)	-
	Commercial construction loans	4		22	-	-
Residential mortgage loans		384		79	8	-
Consumer:
	Home equity	347		21	1	-
	Automobile loans	371		7	1	-
	Credit card	2,781		17	2	-
Total portfolio loans and leases		3,916	$	228	2	-

The following table provides a summary of loans modified in a TDR by the Bancorp during the nine months ended:

			Recorded investment		Increase
		Number of loans	in loans modified		(Decrease)	Charge-offs
		modified in a TDR	in a TDR		to ALLL upon	recognized upon
September 30, 2012 ($ in millions)^(a)		during the period^(b)	during the period		modification	modification
Commercial:
	Commercial and industrial loans	61	$	45	(10)	5
	Commercial mortgage owner-occupied loans	52		45	(6)	2
	Commercial mortgage nonowner-occupied loans	52		78	(8)	-
	Commercial construction loans	14		36	(4)	-
	Commercial leases	6		3	-	-
Residential mortgage loans		1,542		259	22	-
Consumer:
	Home equity	1,034		63	3	-
	Automobile loans	774		12	2	-
	Credit card	7,963		51	7	-
Total portfolio loans and leases		11,498	$	592	6	7

			Recorded investment		Increase
		Number of loans	in loans modified		(Decrease)	Charge-offs
		modified in a TDR	in a TDR		to ALLL upon	recognized upon
September 30, 2011 ($ in millions)^(a)		during the period^(b)	during the period		modification	modification
Commercial:
	Commercial and industrial loans	35	$	113	2	1
	Commercial mortgage owner-occupied loans	15		20	(6)	7
	Commercial mortgage nonowner-occupied loans	28		77	(17)	3
	Commercial construction loans	9		43	(4)	-
	Commercial leases	2		-	-	-
Residential mortgage loans		1,273		255	26	-
Consumer:
	Home equity	999		61	1	-
	Automobile loans	1,135		21	2	-
	Credit card	9,188		61	9	-
Total portfolio loans and leases		12,684	$	651	13	11

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 September 30, 2012 and 2011 and within 12 months of the restructuring date:

		Number of		Recorded
September 30, 2012 ($ in millions)^(a)		Contracts		Investment
Commercial:
	Commercial mortgage owner-occupied loans	1	$	1
Residential mortgage loans		98		16
Consumer:
	Home equity	19		2
	Automobile loans	15		-
	Credit card	5		-
Total portfolio loans and leases		138	$	19

		Number of		Recorded
September 30, 2011 ($ in millions)^(a)		Contracts		Investment
Commercial:
	Commercial and industrial loans	1	$	13
	Commercial mortgage nonowner-occupied loans	2		1
	Commercial construction loans	1		1
Residential mortgage loans		75		12
Consumer:
	Home equity	49		3
	Automobile loans	8		-
	Credit card	14		-
Total portfolio loans and leases		150	$	30

The following table provides a summary of subsequent defaults that occurred during the nine months ended September 30, 2012 and 2011 and within 12 months of the restructuring date:

		Number of		Recorded
September 30, 2012 ($ in millions)^(a)		Contracts		Investment
Commercial:
	Commercial mortgage owner-occupied loans	3	$	2
	Commercial mortgage nonowner-occupied loans	2		1
	Commercial construction loans	2		3
Residential mortgage loans		224		41
Consumer:
	Home equity	67		5
	Automobile loans	36		-
	Credit card	26		-
Total portfolio loans and leases		360	$	52

		Number of		Recorded
September 30, 2011 ($ in millions)^(a)		Contracts		Investment
Commercial:
	Commercial and industrial loans	7	$	20
	Commercial mortgage owner-occupied loans	3		1
	Commercial mortgage nonowner-occupied loans	7		5
	Commercial construction loans	5		7
	Commercial leases	5		3
Residential mortgage loans		235		39
Consumer:
	Home equity	172		11
	Automobile loans	20		1
	Credit card	60		1
Total portfolio loans and leases		514	$	88