Loans and Leases (Tables)

12 Months Ended

Dec. 31, 2018

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)			2018	2017
Loans and leases held for sale:
	Commercial and industrial loans	$	67	-
	Commercial mortgage loans		3	6
	Residential mortgage loans		537	486
Total loans and leases held for sale		$	607	492
Portfolio loans and leases:
	Commercial and industrial loans	$	44,340	41,170
	Commercial mortgage loans		6,974	6,604
	Commercial construction loans		4,657	4,553
	Commercial leases		3,600	4,068
Total commercial loans and leases			59,571	56,395
	Residential mortgage loans		15,504	15,591
	Home equity		6,402	7,014
	Automobile loans		8,976	9,112
	Credit card		2,470	2,299
	Other consumer loans		2,342	1,559
Total consumer loans			35,694	35,575
Total portfolio loans and leases		$	95,265	91,970

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)		2018	2017	2018	2017	2018	2017
Commercial and industrial loans	$	44,407	41,170	4	3	132	111
Commercial mortgage loans		6,977	6,610	2	-	(1)	12
Commercial construction loans		4,657	4,553	-	-	-	-
Commercial leases		3,600	4,068	-	-	1	2
Residential mortgage loans		16,041	16,077	38	57	7	7
Home equity		6,402	7,014	-	-	12	19
Automobile loans		8,976	9,112	12	10	40	37
Credit card		2,470	2,299	37	27	101	84
Other consumer loans		2,342	1,559	-	-	38	26
Total loans and leases	$	95,872	92,462	93	97	330	298
Less: Loans and leases held for sale	$	607	492
Total portfolio loans and leases	$	95,265	91,970

Investment in Lease Financing

The following table provides the components of the commercial lease financing portfolio as of December 31:
($ in millions)		2018	2017
Rentals receivable, net of principal and interest on nonrecourse debt	$	3,256	3,684
Estimated residual value of leased assets		804	885
Initial direct cost, net of amortization		19	22
Gross investment in commercial lease financing		4,079	4,591
Unearned income		(479)	(523)
Net investment in commercial lease financing(a)	$	3,600	4,068

The accumulated allowance for uncollectible minimum lease payments was $18and $14 at December 31, 2018and 2017, respectively.