Loans and Allowance for Credit Losses (Tables)

12 Months Ended

Dec. 31, 2014

Receivables [Abstract]

Composition of Loan Portfolio

The composition of the loan portfolio at December 31, disaggregated by class and underlying specific portfolio type, was as follows:

(Dollars in Millions)	2014		2013
Commercial
Commercial	$	74,996	$	64,762
Lease financing		5,381		5,271
Total commercial		80,377		70,033
Commercial Real Estate
Commercial mortgages		33,360		32,183
Construction and development		9,435		7,702
Total commercial real estate		42,795		39,885
Residential Mortgages
Residential mortgages		38,598		37,545
Home equity loans, first liens		13,021		13,611
Total residential mortgages		51,619		51,156
Credit Card		18,515		18,021
Other Retail
Retail leasing		5,871		5,929
Home equity and second mortgages		15,916		15,442
Revolving credit		3,309		3,276
Installment		6,242		5,709
Automobile		14,822		13,743
Student		3,104		3,579
Total other retail		49,264		47,678
Total loans, excluding covered loans		242,570		226,773
Covered Loans		5,281		8,462
Total loans	$	247,851	$	235,235

Changes in Accretable Balance for Purchased Impaired Loans

Changes in the accretable balance for purchased impaired loans for the years ended December 31, were as follows:

(Dollars in Millions)	2014			2013			2012
Balance at beginning of period	$	1,655		$	1,709		$	2,619
Purchases		–			–			13
Accretion		(441	)		(499	)		(437	)
Disposals		(131	)		(172	)		(208	)
Reclassifications from nonaccretable difference(a)		229			258			454
Other(b)		(3	)		359			(732	)
Balance at end of period	$	1,309		$	1,655		$	1,709

(a) Primarily relates to changes in expected credit performance.

(b) The amount for the year ended December 31, 2013, primarily represents the reclassification of unamortized decreases in the FDIC asset (which are presented as a separate component within the covered assets table on page 107 beginning in 2013), partially offset by the impact of changes in expectations about retaining covered single-family loans beyond the term of the indemnification agreements. The amount for the year end December 31, 2012, primarily represents a change in the Company’s expectations regarding potential sale of modified covered loans at the end of the indemnification agreements which results in a reduction in the expected contractual interest payments included in the accretable balance for those loans that may be sold.

Activity in Allowance for Credit Losses by Portfolio Type

Activity in the allowance for credit losses by portfolio class was as follows:

(Dollars in Millions)	Commercial			Commercial Real Estate			Residential Mortgages			Credit Card			Other Retail			Total Loans, Excluding Covered Loans			Covered Loans			Total Loans
Balance at December 31, 2013	$	1,075		$	776		$	875		$	884		$	781		$	4,391		$	146		$	4,537
Add
Provision for credit losses		266			(63	)		107			657			278			1,245			(16	)		1,229
Deduct
Loans charged off		305			36			216			725			384			1,666			13			1,679
Less recoveries of loans charged off		(110	)		(49	)		(21	)		(67	)		(96	)		(343	)		(2	)		(345	)
Net loans charged off		195			(13	)		195			658			288			1,323			11			1,334
Other changes (a)		–			–			–			(3	)		–			(3	)		(54	)		(57	)
Balance at December 31, 2014	$	1,146		$	726		$	787		$	880		$	771		$	4,310		$	65		$	4,375
Balance at December 31, 2012	$	1,051		$	857		$	935		$	863		$	848		$	4,554		$	179		$	4,733
Add
Provision for credit losses		144			(114	)		212			677			351			1,270			70			1,340
Deduct
Loans charged off		246			92			297			739			523			1,897			37			1,934
Less recoveries of loans charged off		(126	)		(125	)		(25	)		(83	)		(105	)		(464	)		(5	)		(469	)
Net loans charged off		120			(33	)		272			656			418			1,433			32			1,465
Other changes (a)		–			–			–			–			–			–			(71	)		(71	)
Balance at December 31, 2013	$	1,075		$	776		$	875		$	884		$	781		$	4,391		$	146		$	4,537
Balance at December 31, 2011	$	1,010		$	1,154		$	927		$	992		$	831		$	4,914		$	100		$	5,014
Add
Provision for credit losses		316			(131	)		446			571			558			1,760			122			1,882
Deduct
Loans charged off		378			242			461			769			666			2,516			11			2,527
Less recoveries of loans charged off		(103	)		(76	)		(23	)		(102	)		(125	)		(429	)		(1	)		(430	)
Net loans charged off		275			166			438			667			541			2,087			10			2,097
Other changes (a)		–			–			–			(33	)		–			(33	)		(33	)		(66	)
Balance at December 31, 2012	$	1,051		$	857		$	935		$	863		$	848		$	4,554		$	179		$	4,733

(a) Includes net changes in credit losses to be reimbursed by the FDIC and for the years ended December 31, 2014 and 2013, reductions in the allowance for covered loans where the reversal of a previously recorded allowance was offset by an associated decrease in the indemnification asset, and the impact of any loan sales.

Additional Detail of Allowance for Credit Losses and Related Loan Balances by Portfolio Type

Additional detail of the allowance for credit losses by portfolio class was as follows:

(Dollars in Millions)	Commercial		Commercial Real Estate		Residential Mortgages		Credit Card		Other Retail		Total Loans, Excluding Covered Loans		Covered Loans		Total Loans
Allowance Balance at December 31, 2014 Related to
Loans individually evaluated for impairment(a)	$	5	$	4	$	–	$	–	$	–	$	9	$	–	$	9
TDRs collectively evaluated for impairment		12		12		319		61		41		445		4		449
Other loans collectively evaluated for impairment		1,129		678		468		819		730		3,824		1		3,825
Loans acquired with deteriorated credit quality		–		32		–		–		–		32		60		92
Total allowance for credit losses	$	1,146	$	726	$	787	$	880	$	771	$	4,310	$	65	$	4,375
Allowance Balance at December 31, 2013 Related to
Loans individually evaluated for impairment(a)	$	15	$	17	$	–	$	–	$	–	$	32	$	–	$	32
TDRs collectively evaluated for impairment		19		26		329		87		55		516		4		520
Other loans collectively evaluated for impairment		1,041		700		546		797		726		3,810		5		3,815
Loans acquired with deteriorated credit quality		–		33		–		–		–		33		137		170
Total allowance for credit losses	$	1,075	$	776	$	875	$	884	$	781	$	4,391	$	146	$	4,537

(a) Represents the allowance for credit losses related to loans greater than $5 million classified as nonperforming or TDRs.

Additional detail of loan balances by portfolio class was as follows:

(Dollars in Millions)	Commercial		Commercial Real Estate		Residential Mortgages		Credit Card		Other Retail		Total Loans, Excluding Covered Loans		Covered Loans (b)		Total Loans
December 31, 2014
Loans individually evaluated for impairment(a)	$	159	$	128	$	12	$	–	$	–	$	299	$	–	$	299
TDRs collectively evaluated for impairment		124		393		4,653		240		237		5,647		34		5,681
Other loans collectively evaluated for impairment		80,093		41,744		46,953		18,275		49,027		236,092		2,463		238,555
Loans acquired with deteriorated credit quality		1		530		1		–		–		532		2,784		3,316
Total loans	$	80,377	$	42,795	$	51,619	$	18,515	$	49,264	$	242,570	$	5,281	$	247,851
December 31, 2013
Loans individually evaluated for impairment(a)	$	197	$	237	$	–	$	–	$	–	$	434	$	62	$	496
TDRs collectively evaluated for impairment		155		358		5,064		310		269		6,156		87		6,243
Other loans collectively evaluated for impairment		69,680		39,129		46,090		17,711		47,409		220,019		4,538		224,557
Loans acquired with deteriorated credit quality		1		161		2		–		–		164		3,775		3,939
Total loans	$	70,033	$	39,885	$	51,156	$	18,021	$	47,678	$	226,773	$	8,462	$	235,235

(a) Represents loans greater than $5 million classified as nonperforming or TDRs.

(b) Includes expected reimbursements from the FDIC under loss sharing agreements.

Summary of Loans by Portfolio Type, Including Delinquency Status of those that Continue to Accrue Interest and are Nonperforming

The following table provides a summary of loans by portfolio class, including the delinquency status of those that continue to accrue interest, and those that are nonperforming:

	Accruing
(Dollars in Millions)	Current		30-89 Days Past Due		90 Days or More Past Due		Nonperforming		Total
December 31, 2014
Commercial	$	79,977	$	247	$	41	$	112	$	80,377
Commercial real estate		42,406		110		20		259		42,795
Residential mortgages(a)		50,330		221		204		864		51,619
Credit card		18,046		229		210		30		18,515
Other retail		48,764		238		75		187		49,264
Total loans, excluding covered loans		239,523		1,045		550		1,452		242,570
Covered loans		4,804		68		395		14		5,281
Total loans	$	244,327	$	1,113	$	945	$	1,466	$	247,851
December 31, 2013
Commercial	$	69,587	$	257	$	55	$	134	$	70,033
Commercial real estate		39,459		94		29		303		39,885
Residential mortgages(a)		49,695		358		333		770		51,156
Credit card		17,507		226		210		78		18,021
Other retail		47,156		245		86		191		47,678
Total loans, excluding covered loans		223,404		1,180		713		1,476		226,773
Covered loans		7,693		166		476		127		8,462
Total loans	$	231,097	$	1,346	$	1,189	$	1,603	$	235,235

(a) At December 31, 2014, $431 million of loans 30–89 days past due and $3.1 billion of loans 90 days or more past due purchased from Government National Mortgage Association (“GNMA”) mortgage pools whose repayments are insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs, were classified as current, compared with $440 million and $3.7 billion at December 31, 2013, respectively.

Summary of Loans by Portfolio Type and Company's Internal Credit Quality Rating

The following table provides a summary of loans by portfolio class and the Company’s internal credit quality rating:

			Criticized
(Dollars in Millions)	Pass		Special Mention		Classified(a)		Total Criticized		Total
December 31, 2014
Commercial	$	78,409	$	1,204	$	764	$	1,968	$	80,377
Commercial real estate		41,322		451		1,022		1,473		42,795
Residential mortgages(b)		50,479		5		1,135		1,140		51,619
Credit card		18,275		–		240		240		18,515
Other retail		48,932		20		312		332		49,264
Total loans, excluding covered loans		237,417		1,680		3,473		5,153		242,570
Covered loans		5,164		–		117		117		5,281
Total loans	$	242,581	$	1,680	$	3,590	$	5,270	$	247,851
Total outstanding commitments	$	501,535	$	2,964	$	4,179	$	7,143	$	508,678
December 31, 2013
Commercial	$	68,075	$	1,013	$	945	$	1,958	$	70,033
Commercial real estate		38,113		616		1,156		1,772		39,885
Residential mortgages(b)		50,152		5		999		1,004		51,156
Credit card		17,733		–		288		288		18,021
Other retail		47,313		27		338		365		47,678
Total loans, excluding covered loans		221,386		1,661		3,726		5,387		226,773
Covered loans		8,160		18		284		302		8,462
Total loans	$	229,546	$	1,679	$	4,010	$	5,689	$	235,235
Total outstanding commitments	$	470,046	$	2,939	$	4,812	$	7,751	$	477,797

(a) Classified rating on consumer loans primarily based on delinquency status.

(b) At December 31, 2014, $3.1 billion of GNMA loans 90 days or more past due and $2.2 billion of restructured GNMA loans whose repayments are insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs were classified with a pass rating, compared with $3.7 billion and $2.6 billion at December 31, 2013, respectively.

Summary of Impaired Loans by Portfolio Class

A summary of impaired loans, which include all nonaccrual and TDR loans, by portfolio class was as follows:

(Dollars in Millions)	Period-end Recorded Investment(a)		Unpaid Principal Balance		Valuation Allowance		Commitments to Lend Additional Funds
December 31, 2014
Commercial	$	329	$	769	$	21	$	51
Commercial real estate		624		1,250		23		18
Residential mortgages		2,730		3,495		273		–
Credit card		240		240		61		–
Other retail		361		570		44		4
Total impaired loans, excluding GNMA and covered loans		4,284		6,324		422		73
Loans purchased from GNMA mortgage pools		2,244		2,244		50		–
Covered loans		43		55		4		1
Total	$	6,571	$	8,623	$	476	$	74
December 31, 2013
Commercial	$	382	$	804	$	36	$	54
Commercial real estate		693		1,322		51		40
Residential mortgages		2,767		3,492		308		–
Credit card		310		310		87		–
Other retail		391		593		59		14
Total impaired loans, excluding GNMA and covered loans		4,543		6,521		541		108
Loans purchased from GNMA mortgage pools		2,607		2,607		28		–
Covered loans		452		1,008		30		4
Total	$	7,602	$	10,136	$	599	$	112

(a) Substantially all loans classified as impaired at December 31, 2014 and 2013, had an associated allowance for credit losses. The total amount of interest income recognized during 2014 on loans classified as impaired at December 31, 2014, excluding those acquired with deteriorated credit quality, was $341 million, compared to what would have been recognized at the original contractual terms of the loans of $470 million.

Impaired Loans Average Recorded Investment and Interest Income

Additional information on impaired loans for the years ended December 31 follows:

(Dollars in Millions)	Average Recorded Investment		Interest Income Recognized
2014
Commercial	$	414	$	9
Commercial real estate		592		26
Residential mortgages		2,742		140
Credit card		273		9
Other retail		377		17
Total impaired loans, excluding GNMA and covered loans		4,398		201
Loans purchased from GNMA mortgage pools		2,609		124
Covered loans		334		15
Total	$	7,341	$	340
2013
Commercial	$	382	$	29
Commercial real estate		889		39
Residential mortgages		2,749		134
Credit card		366		16
Other retail		424		24
Total impaired loans, excluding GNMA and covered loans		4,810		242
Loans purchased from GNMA mortgage pools		1,967		100
Covered loans		561		27
Total	$	7,338	$	369
2012
Commercial	$	470	$	18
Commercial real estate		1,314		43
Residential mortgages		2,717		130
Credit card		510		28
Other retail		301		19
Total impaired loans, excluding GNMA and covered loans		5,312		238
Loans purchased from GNMA mortgage pools		1,448		73
Covered loans		980		29
Total	$	7,740	$	340

Summary of Loans Modified as TDRs

The following table provides a summary of loans modified as TDRs for the years ended December 31, by portfolio class:

(Dollars in Millions)	Number of Loans		Pre-Modification Outstanding Loan Balance		Post-Modification Outstanding Loan Balance
2014
Commercial		2,027	$	238	$	203
Commercial real estate		78		80		71
Residential mortgages		2,089		271		274
Credit card		26,511		144		145
Other retail		2,833		61		61
Total loans, excluding GNMA and covered loans		33,538		794		754
Loans purchased from GNMA mortgage pools		8,961		1,000		1,013
Covered loans		43		15		14
Total loans		42,542	$	1,809	$	1,781
2013
Commercial		2,429	$	166	$	155
Commercial real estate		165		205		198
Residential mortgages		2,179		309		304
Credit card		26,669		160		161
Other retail		4,290		103		102
Total loans, excluding GNMA and covered loans		35,732		943		920
Loans purchased from GNMA mortgage pools		8,878		1,121		1,066
Covered loans		123		94		72
Total loans		44,733	$	2,158	$	2,058
2012
Commercial		4,843	$	307	$	272
Commercial real estate		312		493		461
Residential mortgages		4,616		638		623
Credit card		49,320		241		255
Other retail		10,461		279		275
Total loans, excluding GNMA and covered loans		69,552		1,958		1,886
Loans purchased from GNMA mortgage pools		9,518		1,280		1,245
Covered loans		192		277		263
Total loans		79,262	$	3,515	$	3,394

Summary of Loans Modified as TDRs in the Past Twelve Months that have Subsequently Defaulted

The following table provides a summary of TDR loans that defaulted (fully or partially charged-off or became 90 days or more past due) for the years ended December 31, that were modified as TDRs within 12 months previous to default:

(Dollars in Millions)	Number of Loans		Amount Defaulted
2014
Commercial		629	$	44
Commercial real estate		22		12
Residential mortgages		611		86
Credit card		6,335		33
Other retail		845		24
Total loans, excluding GNMA and covered loans		8,442		199
Loans purchased from GNMA mortgage pools		876		102
Covered loans		14		5
Total loans		9,332	$	306
2013
Commercial		642	$	46
Commercial real estate		87		102
Residential mortgages		1,099		163
Credit card		6,640		37
Other retail		1,841		80
Total loans, excluding GNMA and covered loans		10,309		428
Loans purchased from GNMA mortgage pools		4,972		640
Covered loans		63		49
Total loans		15,344	$	1,117
2012
Commercial		859	$	48
Commercial real estate		111		232
Residential mortgages		1,073		146
Credit card		9,774		54
Other retail		1,818		56
Total loans, excluding GNMA and covered loans		13,635		536
Loans purchased from GNMA mortgage pools		1,245		177
Covered loans		68		97
Total loans		14,948	$	810

Commercial Real Estate Loans by Property Type and Geography Excluding Covered Loans

_TABLE 8    COMMERCIAL REAL ESTATE LOANS BY PROPERTY TYPE  AND GEOGRAPHY

	2014					2013
At December 31 (Dollars in Millions)	Loans		Percent			Loans		Percent
Property Type
Business owner occupied	$	11,535		26.9	%	$	11,223		28.1	%
Commercial property
Industrial		1,582		3.7			1,567		3.9
Office		5,680		13.3			5,173		13.0
Retail		4,896		11.4			4,503		11.3
Other commercial		4,670		10.9			4,253		10.7
Multi-family		8,548		20.0			7,886		19.8
Hotel/motel		3,624		8.5			3,251		8.1
Residential homebuilders		1,996		4.7			1,728		4.3
Health care facilities		264		.6			301		.8
Total	$	42,795		100.0	%	$	39,885		100.0	%
Geography
California	$	10,545		24.6	%	$	9,148		22.9	%
Colorado		1,955		4.6			1,781		4.5
Illinois		2,153		5.0			1,586		4.0
Minnesota		2,031		4.7			2,052		5.2
Missouri		1,453		3.4			1,573		3.9
Ohio		1,391		3.3			1,491		3.7
Oregon		2,012		4.7			1,999		5.0
Washington		3,501		8.2			3,548		8.9
Wisconsin		2,293		5.4			2,410		6.0
Iowa, Kansas, Nebraska, North Dakota, South Dakota		2,202		5.1			2,237		5.6
Arkansas, Indiana, Kentucky, Tennessee		1,764		4.1			1,718		4.3
Idaho, Montana, Wyoming		1,319		3.1			1,265		3.2
Arizona, Nevada, New Mexico, Utah		3,383		7.9			3,214		8.1
Total banking region		36,002		84.1			34,022		85.3
Florida, Michigan, New York, Pennsylvania, Texas		3,656		8.6			3,178		8.0
All other states		3,137		7.3			2,685		6.7
Total outside Company’s banking region		6,793		15.9			5,863		14.7
Total	$	42,795		100.0	%	$	39,885		100.0	%

Carrying Amount of Covered Assets

The carrying amount of the covered assets at December 31, consisted of purchased impaired loans, purchased nonimpaired loans and other assets as shown in the following table:

	2014								2013
(Dollars in Millions)	Purchased Impaired Loans		Purchased Nonimpaired Loans		Other Assets		Total		Purchased Impaired Loans		Purchased Nonimpaired Loans		Other Assets		Total
Commercial loans	$	–	$	–	$	–	$	–	$	–	$	32	$	–	$	32
Commercial real estate loans		–		–		–		–		738		1,494		–		2,232
Residential mortgage loans		2,784		738		–		3,522		3,037		890		–		3,927
Credit card loans		–		–		–		–		–		5		–		5
Other retail loans		–		584		–		584		–		666		–		666
Losses reimbursable by the FDIC(a)		–		–		717		717		–		–		798		798
Unamortized changes in FDIC asset(b)		–		–		458		458		–		–		802		802
Covered loans		2,784		1,322		1,175		5,281		3,775		3,087		1,600		8,462
Foreclosed real estate		–		–		37		37		–		–		97		97
Total covered assets	$	2,784	$	1,322	$	1,212	$	5,318	$	3,775	$	3,087	$	1,697	$	8,559

(a) Relates to loss sharing agreements with remaining terms up to five years.

(b) Represents decreases in expected reimbursements by the FDIC as a result of decreases in expected losses on the covered loans. These amounts are amortized as a reduction in interest income on covered loans over the shorter of the expected life of the respective covered loans or the remaining contractual term of the indemnification agreements.

Commercial Loans by Industry Group and Geography Excluding Covered Loans

TABLE 7    COMMERCIAL LOANS BY INDUSTRY GROUP AND GEOGRAPHY

	2014					2013
At December 31 (Dollars in Millions)	Loans		Percent			Loans		Percent
Industry Group
Manufacturing	$	12,261		15.3	%	$	10,738		15.3	%
Finance and insurance		7,799		9.7			5,864		8.4
Real estate, rental and leasing		7,779		9.7			6,788		9.7
Wholesale trade		7,350		9.1			6,346		9.1
Retail trade		6,428		8.0			5,401		7.7
Healthcare and social assistance		5,280		6.6			5,048		7.2
Public administration		4,033		5.0			3,934		5.6
Professional, scientific and technical services		3,121		3.9			2,747		3.9
Transport and storage		2,941		3.7			2,322		3.3
Information		2,702		3.4			2,443		3.5
Mining		2,604		3.2			2,094		3.0
Arts, entertainment and recreation		2,493		3.1			2,214		3.2
Educational services		2,286		2.8			2,222		3.2
Agriculture, forestry, fishing and hunting		1,642		2.0			1,508		2.1
Other services		1,449		1.8			1,507		2.1
Utilities		1,404		1.7			1,374		2.0
Other		8,805		11.0			7,483		10.7
Total	$	80,377		100.0	%	$	70,033		100.0	%
Geography
California	$	9,961		12.4	%	$	8,748		12.5	%
Colorado		3,528		4.4			2,970		4.2
Illinois		4,108		5.1			3,539		5.1
Minnesota		6,316		7.9			5,086		7.3
Missouri		2,832		3.5			2,893		4.1
Ohio		3,534		4.4			3,385		4.8
Oregon		2,130		2.6			1,941		2.8
Washington		3,237		4.0			2,823		4.0
Wisconsin		3,090		3.8			2,768		4.0
Iowa, Kansas, Nebraska, North Dakota, South Dakota		4,400		5.5			4,091		5.8
Arkansas, Indiana, Kentucky, Tennessee		4,949		6.2			4,024		5.8
Idaho, Montana, Wyoming		1,475		1.8			1,148		1.6
Arizona, Nevada, New Mexico, Utah		2,951		3.7			2,917		4.2
Total banking region		52,511		65.3			46,333		66.2
Florida, Michigan, New York, Pennsylvania, Texas		14,036		17.5			11,762		16.8
All other states		13,830		17.2			11,938		17.0
Total outside Company’s banking region		27,866		34.7			23,700		33.8
Total	$	80,377		100.0	%	$	70,033		100.0	%

Summary of Nonperforming Assets

TABLE 16    NONPERFORMING ASSETS^(a)

At December 31 (Dollars in Millions)	2014			2013			2012			2011			2010
Commercial
Commercial	$	99		$	122		$	107		$	280		$	519
Lease financing		13			12			16			32			78
Total commercial		112			134			123			312			597
Commercial Real Estate
Commercial mortgages		175			182			308			354			545
Construction and development		84			121			238			545			748
Total commercial real estate		259			303			546			899			1,293
Residential Mortgages(b)		864			770			661			650			636
Credit Card		30			78			146			224			228
Other Retail
Retail leasing		1			1			1			–			–
Other		186			190			216			67			65
Total other retail		187			191			217			67			65
Total nonperforming loans, excluding covered loans		1,452			1,476			1,693			2,152			2,819
Covered Loans		14			127			386			926			1,244
Total nonperforming loans		1,466			1,603			2,079			3,078			4,063
Other Real Estate(c)(d)		288			327			381			404			511
Covered Other Real Estate(d)		37			97			197			274			453
Other Assets		17			10			14			18			21
Total nonperforming assets	$	1,808		$	2,037		$	2,671		$	3,774		$	5,048
Total nonperforming assets, excluding covered assets	$	1,757		$	1,813		$	2,088		$	2,574		$	3,351
Excluding covered assets
Accruing loans 90 days or more past due(b)	$	550		$	713		$	660		$	843		$	1,094
Nonperforming loans to total loans		.60	%		.65	%		.80	%		1.10	%		1.57	%
Nonperforming assets to total loans plus other real estate(c)		.72	%		.80	%		.98	%		1.32	%		1.87	%
Including covered assets
Accruing loans 90 days or more past due(b)	$	945		$	1,189		$	1,323		$	1,753		$	2,184
Nonperforming loans to total loans		.59	%		.68	%		.93	%		1.47	%		2.06	%
Nonperforming assets to total loans plus other real estate(c)		.73	%		.86	%		1.19	%		1.79	%		2.55	%

CHANGES IN NONPERFORMING ASSETS

(Dollars in Millions)	Commercial and Commercial Real Estate			Credit Card, Other Retail and Residential Mortgages			Covered Assets			Total
Balance December 31, 2013	$	494		$	1,319		$	224		$	2,037
Additions to nonperforming assets
New nonaccrual loans and foreclosed properties		514			672			74			1,260
Advances on loans		52			–			–			52
Total additions		566			672			74			1,312
Reductions in nonperforming assets
Paydowns, payoffs		(248	)		(244	)		(171	)		(663	)
Net sales		(120	)		(127	)		(72	)		(319	)
Return to performing status		(21	)		(130	)		(2	)		(153	)
Charge-offs(e)		(240	)		(164	)		(2	)		(406	)
Total reductions		(629	)		(665	)		(247	)		(1,541	)
Net additions to (reductions in) nonperforming assets		(63	)		7			(173	)		(229	)
Balance December 31, 2014	$	431		$	1,326		$	51		$	1,808

(a) Throughout this document, nonperforming assets and related ratios do not include accruing loans 90 days or more past due.

(b) Excludes $3.1 billion, $3.7 billion, $3.2 billion, $2.6 billion and $2.6 billion at December 31, 2014, 2013, 2012, 2011 and 2010, respectively, of loans purchased from GNMA mortgage pools that are 90 days or more past due that continue to accrue interest, as their repayments are primarily insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs.

(c) Foreclosed GNMA loans of $641 million, $527 million, $548 million, $692 million and $575 million at December 31, 2014, 2013, 2012, 2011 and 2010, respectively, continue to accrue interest and are recorded as other assets and excluded from nonperforming assets because they are insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs.

(d) Includes equity investments in entities whose principal assets are other real estate owned.

(e) Charge-offs exclude actions for certain card products and loan sales that were not classified as nonperforming at the time the charge-off occurred.