Loans and Leases (Tables)

12 Months Ended

Dec. 31, 2016

Loans and Leases Receivable

Loans and Leases Classified by Primary Purpose

The following table provides a summary of commercial loans and leases classified by primary purpose and consumer loans and leases classified based upon product or collateral as of December 31:
($ in millions)			2016	2015
Loans held for sale:
	Commercial and industrial loans	$	60	20
	Commercial mortgage loans		5	34
	Residential mortgage loans		686	708
	Home equity		-	35
	Automobile loans		-	4
	Credit card		-	101
	Other consumer loans		-	1
Total loans held for sale		$	751	903
Portfolio loans and leases:
	Commercial and industrial loans	$	41,676	42,131
	Commercial mortgage loans		6,899	6,957
	Commercial construction loans		3,903	3,214
	Commercial leases		3,974	3,854
Total commercial loans and leases			56,452	56,156
	Residential mortgage loans		15,051	13,716
	Home equity		7,695	8,301
	Automobile loans		9,983	11,493
	Credit card		2,237	2,259
	Other consumer loans and leases		680	657
Total consumer loans and leases			35,646	36,426
Total portfolio loans and leases		$	92,098	92,582

Total Loans And Leases Owned By The Bancorp

The following table presents a summary of the total loans and leases owned by the Bancorp and net charge-offs (recoveries) as of and for the years ended December 31:
				90 Days Past Due		Net
		Carrying Value		and Still Accruing		Charge-Offs (Recoveries)
($ in millions)		2016	2015	2016	2015	2016	2015
Commercial and industrial loans	$	41,736	42,151	4	7	172	229
Commercial mortgage loans		6,904	6,991	-	-	15	27
Commercial construction loans		3,903	3,214	-	-	(1)	3
Commercial leases		3,974	3,854	-	-	4	2
Residential mortgage loans		15,737	14,424	49	40	10	17
Home equity		7,695	8,336	-	-	27	39
Automobile loans		9,983	11,497	9	10	35	28
Credit card		2,237	2,360	22	18	80	82
Other consumer loans and leases		680	658	-	-	20	19
Total loans and leases	$	92,849	93,485	84	75	362	446
Less: Loans held for sale	$	751	903
Total portfolio loans and leases	$	92,098	92,582

Investment in Lease Financing

The following table provides the components of the commercial lease financing portfolio as of December 31:
($ in millions)		2016	2015
Rentals receivable, net of principal and interest on nonrecourse debt	$	3,551	3,550
Estimated residual value of leased assets		903	906
Initial direct cost, net of amortization		23	22
Gross investment in lease financing		4,477	4,478
Unearned income		(503)	(624)
Net investment in commercial lease financing(a)	$	3,974	3,854

The accumulated allowance for uncollectible minimum lease payments was $15and $47 at December 31, 2016and 2015, respectively.