Loans and Leases (Tables)

12 Months Ended

Dec. 31, 2017

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 classified based upon product or collateral as of December 31:
($ in millions)			2017	2016
Loans and leases held for sale:
	Commercial and industrial loans	$	-	60
	Commercial mortgage loans		6	5
	Residential mortgage loans		486	686
Total loans and leases held for sale		$	492	751
Portfolio loans and leases:
	Commercial and industrial loans	$	41,170	41,676
	Commercial mortgage loans		6,604	6,899
	Commercial construction loans		4,553	3,903
	Commercial leases		4,068	3,974
Total commercial loans and leases			56,395	56,452
	Residential mortgage loans		15,591	15,051
	Home equity		7,014	7,695
	Automobile loans		9,112	9,983
	Credit card		2,299	2,237
	Other consumer loans		1,559	680
Total consumer loans			35,575	35,646
Total portfolio loans and leases		$	91,970	92,098

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)		2017	2016	2017	2016	2017	2016
Commercial and industrial loans	$	41,170	41,736	3	4	111	172
Commercial mortgage loans		6,610	6,904	-	-	12	15
Commercial construction loans		4,553	3,903	-	-	-	(1)
Commercial leases		4,068	3,974	-	-	2	4
Residential mortgage loans		16,077	15,737	57	49	7	10
Home equity		7,014	7,695	-	-	19	27
Automobile loans		9,112	9,983	10	9	37	35
Credit card		2,299	2,237	27	22	84	80
Other consumer loans		1,559	680	-	-	26	20
Total loans and leases	$	92,462	92,849	97	84	298	362
Less: Loans and leases held for sale	$	492	751
Total portfolio loans and leases	$	91,970	92,098

Investment in Lease Financing

The following table provides the components of the commercial lease financing portfolio as of December 31:
($ in millions)		2017	2016
Rentals receivable, net of principal and interest on nonrecourse debt	$	3,684	3,551
Estimated residual value of leased assets		885	903
Initial direct cost, net of amortization		22	23
Gross investment in lease financing		4,591	4,477
Unearned income		(523)	(503)
Net investment in commercial lease financing(a)	$	4,068	3,974

The accumulated allowance for uncollectible minimum lease payments was $14and $15 at December 31, 2017and 2016, respectively.