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LOANS AND LEASES (Tables)
 6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Summary of Loans and Leases, Net of Unearned Income
Following is a summary of total loans and leases, net of unearned income:
TABLE 4.1
(in millions)June 30, 2021December 31, 2020
Commercial real estate$9,793 $9,731 
Commercial and industrial6,619 7,214 
Commercial leases477 485 
Other80 40 
Total commercial loans and leases16,969 17,470 
Direct installment2,145 2,020 
Residential mortgages3,505 3,433 
Indirect installment1,223 1,218 
Consumer lines of credit1,269 1,318 
Total consumer loans8,142 7,989 
Total loans and leases, net of unearned income$25,111 $25,459 
Certain Information Relating to Commercial Real Estate Loans
The following table shows occupancy information relating to commercial real estate loans:
TABLE 4.2
(dollars in millions)June 30,
2021		December 31,
2020
Commercial real estate:
Percent owner-occupied28.0 %28.1 %
Percent non-owner-occupied72.0 71.9 
Summary of Loan, Credit Quality Indicators We use an internal risk rating assigned to a commercial loan or lease at origination, summarized below.
TABLE 4.3
Rating CategoryDefinition
Passin general, the condition of the borrower and the performance of the loan is satisfactory or better
Special Mentionin general, the condition of the borrower has deteriorated, requiring an increased level of monitoring
Substandardin general, the condition of the borrower has significantly deteriorated and the performance of the loan could further deteriorate if deficiencies are not corrected
Doubtfulin general, the condition of the borrower has significantly deteriorated and the collection in full of both principal and interest is highly questionable or improbable
Schedule of Financing Receivables, Originated Year
The following tables summarize the designated loan rating category by loan class including term loans on an amortized cost basis by origination year:
TABLE 4.4
June 30, 202120212020201920182017PriorRevolving Loans Amortized Cost BasisTotal
(in millions)
COMMERCIAL
Commercial Real Estate:
Risk Rating:
   Pass$767 $1,822 $1,784 $1,008 $862 $2,556 $123 $8,922 
   Special Mention16 13 34 118 134 173 4 492 
   Substandard— 8 34 42 58 234 3 379 
Total commercial real estate783 1,843 1,852 1,168 1,054 2,963 130 9,793 
Commercial and Industrial:
Risk Rating:
   Pass1,494 1,529 848 463 251 332 1,243 6,160 
   Special Mention— 34 17 17 19 76 46 209 
   Substandard3 8 20 60 42 27 90 250 
Total commercial and industrial1,497 1,571 885 540 312 435 1,379 6,619 
Commercial Leases:
Risk Rating:
   Pass84 141 116 64 49 4 — 458 
   Special Mention— — — 2 3 2 — 7 
   Substandard— 6 3 2 1 — — 12 
Total commercial leases84 147 119 68 53 6 — 477 
Other Commercial:
Risk Rating:
   Pass12 — — — — 3 64 79 
   Substandard— — — — — 1 — 1 
Total other commercial12 — — — — 4 64 80 
Total commercial2,376 3,561 2,856 1,776 1,419 3,408 1,573 16,969 
CONSUMER
Direct Installment:
   Current450 630 267 159 117 507 — 2,130 
   Past due— 1 1 1 1 11 — 15 
Total direct installment450 631 268 160 118 518 — 2,145 
Residential Mortgages:
   Current695 1,022 503 194 275 778 1 3,468 
   Past due— 1 3 4 2 27 — 37 
Total residential mortgages695 1,023 506 198 277 805 1 3,505 
Indirect Installment:
   Current285 322 205 247 99 57 — 1,215 
   Past due— 2 2 2 1 1 — 8 
Total indirect installment285 324 207 249 100 58 — 1,223 
Consumer Lines of Credit:
   Current7 3 5 7 3 128 1,104 1,257 
   Past due— — — — — 10 2 12 
Total consumer lines of credit7 3 5 7 3 138 1,106 1,269 
Total consumer1,437 1,981 986 614 498 1,519 1,107 8,142 
Total loans and leases$3,813 $5,542 $3,842 $2,390 $1,917 $4,927 $2,680 $25,111 
December 31, 202020202019201820172016PriorRevolving Loans Amortized Cost BasisTotal
(in millions)
COMMERCIAL
Commercial Real Estate:
Risk Rating:
   Pass$1,879 $1,854 $1,135 $927 $888 $1,911 $163 $8,757 
   Special Mention9 30 80 158 70 163 4 514 
   Substandard4 32 29 81 116 192 6 460 
Total commercial real estate1,892 1,916 1,244 1,166 1,074 2,266 173 9,731 
Commercial and Industrial:
Risk Rating:
   Pass3,286 1,007 590 304 120 311 1,095 6,713 
   Special Mention30 23 13 28 10 35 79 218 
   Substandard8 26 65 44 6 37 97 283 
Total commercial and industrial3,324 1,056 668 376 136 383 1,271 7,214 
Commercial Leases:
Risk Rating:
   Pass178 134 83 56 5 3 — 459 
   Special Mention1 1 4 4 1 2 — 13 
   Substandard7 2 2 1 1 — — 13 
Total commercial leases186 137 89 61 7 5 — 485 
Other Commercial:
Risk Rating:
   Pass— — — — — 4 35 39 
   Substandard— — — — — 1 — 1 
Total other commercial— — — — — 5 35 40 
Total commercial5,402 3,109 2,001 1,603 1,217 2,659 1,479 17,470 
CONSUMER
Direct Installment:
   Current706 337 200 143 171 442 1 2,000 
   Past due— 1 2 1 2 14 — 20 
Total direct installment706 338 202 144 173 456 1 2,020 
Residential Mortgages:
   Current1,079 707 283 378 330 603 1 3,381 
   Past due1 5 7 4 6 29 — 52 
Total residential mortgages1,080 712 290 382 336 632 1 3,433 
Indirect Installment:
   Current372 260 332 147 67 27 — 1,205 
   Past due1 3 4 2 2 1 — 13 
Total indirect installment373 263 336 149 69 28 — 1,218 
Consumer Lines of Credit:
   Current4 7 8 3 5 127 1,146 1,300 
   Past due— — — — — 15 3 18 
Total consumer lines of credit4 7 8 3 5 142 1,149 1,318 
Total consumer2,163 1,320 836 678 583 1,258 1,151 7,989 
Total loans and leases$7,565 $4,429 $2,837 $2,281 $1,800 $3,917 $2,630 $25,459 
Age Analysis of Past Due Loans, by Class
The following tables provide an analysis of the aging of loans by class.
TABLE 4.5
(in millions)30-89 Days
Past Due
> 90 Days
Past Due
and Still
Accruing
Non-
Accrual		Total
Past Due 		CurrentTotal
Loans and
Leases		Non-accrual with No ACL
June 30, 2021
Commercial real estate$17 $— $61 $78 $9,715 $9,793 $22 
Commercial and industrial4 — 31 35 6,584 6,619 13 
Commercial leases2 — 1 3 474 477 — 
Other— — 1 1 79 80 — 
Total commercial loans and leases23 — 94 117 16,852 16,969 35 
Direct installment3 1 11 15 2,130 2,145 — 
Residential mortgages17 5 15 37 3,468 3,505 — 
Indirect installment6 — 2 8 1,215 1,223 — 
Consumer lines of credit5 1 6 12 1,257 1,269 — 
Total consumer loans31 7 34 72 8,070 8,142 — 
Total loans and leases$54 $7 $128 $189 $24,922 $25,111 $35 
(in millions)30-89 Days
Past Due
> 90 Days
Past Due
and Still
Accruing
Non-
Accrual		Total
Past Due 		CurrentTotal
Loans and
Leases		Non-accrual with No ACL
December 31, 2020
Commercial real estate$13 $— $85 $98 $9,633 $9,731 $36 
Commercial and industrial8 — 44 52 7,162 7,214 16 
Commercial leases2 — 2 4 481 485 — 
Other— — 1 1 39 40 — 
Total commercial loans and leases23 — 132 155 17,315 17,470 52 
Direct installment7 2 11 20 2,000 2,020 — 
Residential mortgages23 11 18 52 3,381 3,433 — 
Indirect installment10 1 2 13 1,205 1,218 — 
Consumer lines of credit9 2 7 18 1,300 1,318 — 
Total consumer loans49 16 38 103 7,886 7,989 — 
Total loans and leases$72 $16 $170 $258 $25,201 $25,459 $52 
Summary of Non-Performing Assets
Following is a summary of non-performing assets:
TABLE 4.6
(dollars in millions)June 30,
2021		December 31,
2020
Non-accrual loans$128 $170 
Total non-performing loans
128 170 
Other real estate owned 9 10 
Total non-performing assets
$137 $180 
Asset quality ratios:
Non-performing loans / total loans and leases
0.51 %0.67 %
Non-performing assets + 90 days past due + OREO / total loans and leases + OREO
0.57 0.77 
Summary of the Composition of Total TDRs
Following is a summary of the composition of total TDRs:
TABLE 4.7
(in millions)June 30,
2021		December 31,
2020
Accruing$57 $58 
Non-accrual38 33 
Total TDRs$95 $91 
Summary of Troubled Debt Restructurings by Class of Loans
Following is a summary of TDR loans, by class, for loans that were modified during the periods indicated:
TABLE 4.8
Three Months Ended June 30, 2021Six Months Ended June 30, 2021
(dollars in millions)Number
of
Contracts		Pre-
Modification
Outstanding
Recorded
Investment		Post-
Modification
Outstanding
Recorded
Investment		Number
of
Contracts		Pre-
Modification
Outstanding
Recorded
Investment		Post-
Modification
Outstanding
Recorded
Investment
Commercial real estate9 $2 $2 19 $19 $19 
Commercial and industrial4 — — 5 — — 
Total commercial loans13 2 2 24 19 19 
Direct installment9 — — 19 1 1 
Residential mortgages2 — — 3 — — 
Consumer lines of credit15 1 1 25 2 2 
Total consumer loans26 1 1 47 3 3 
Total39 $3 $3 71 $22 $22 

 Three Months Ended June 30, 2020Six Months Ended June 30, 2020
(dollars in millions)Number
of
Contracts		Pre-
Modification
Outstanding
Recorded
Investment		Post-
Modification
Outstanding
Recorded
Investment		Number
of
Contracts		Pre-
Modification
Outstanding
Recorded
Investment		Post-
Modification
Outstanding
Recorded
Investment
Commercial real estate11 $5 $5 16 $6 $5 
Commercial and industrial9 2 1 16 3 2 
Other— — — 1 — — 
Total commercial loans20 7 6 33 9 7 
Direct installment19 1 1 38 3 3 
Residential mortgages2 1 1 16 2 2 
Consumer lines of credit13 — — 28 1 1 
Total consumer loans34 2 2 82 6 6 
Total54 $9 $8 115 $15 $13 
The year-to-date items in the above tables have been adjusted for loans that have been paid off and/or sold.
Summary of Troubled Debt Restructurings by Class of Loans and Leases, Payment Default
Following is a summary of TDRs, by class, for which there was a payment default, excluding loans that have been paid off and/or sold. Default occurs when a loan is 90 days or more past due and is within 12 months of restructuring.
TABLE 4.9
 Three Months Ended
June 30, 2021		Six Months Ended
June 30, 2021
(dollars in millions)Number of
Contracts		Recorded
Investment		Number of
Contracts		Recorded
Investment
Commercial and industrial— $— 1 $— 
Total commercial loans— — 1 — 
Direct installment1 — 1 — 
Residential mortgages— — 1 — 
Total consumer loans1 — 2 — 
Total1 $— 3 $— 

 Three Months Ended
June 30, 2020		Six Months Ended
June 30, 2020
(dollars in millions)Number of
Contracts		Recorded
Investment		Number of
Contracts		Recorded
Investment
Commercial real estate4 $1 8 $3 
Commercial and industrial1 — 2 — 
Total commercial loans5 1 10 3 
Direct installment3 — 7 — 
Residential mortgages1 — 2 — 
Consumer lines of credit2 — 2 — 
Total consumer loans6 — 11 — 
Total11 $1 21 $3