Purchased Loans (Tables)

9 Months Ended

Sep. 30, 2012

Accounting for Acquired Loans Disclosure

Purchased Impaired Loans - Balances

Table 75: Purchased Impaired Loans - Balances
			September 30, 2012 (a)				December 31, 2011 (b)
In millions			Recorded Investment		Outstanding Balance		Recorded Investment		Outstanding Balance
Commercial Lending
	Commercial	$	354	$	603	$	140	$	245
	Commercial real estate		1,048		1,334		712		743
Total Commercial Lending			1,402		1,937		852		988
Consumer Lending
	Consumer		2,697		3,143		2,766		3,405
	Residential real estate		3,650		3,833		3,049		3,128
Total Consumer Lending			6,347		6,976		5,815		6,533
Total		$	7,749	$	8,913	$	6,667	$	7,521
(a)	Represents National City and RBC Bank (USA) acquisitions.
(b)	Represents National City acquisition.

Accretable Yield

Activity for the accretable yield for the first nine months of 2012 follows:
Table 76: Accretable Yield		(a)
In millions			2012
January 1			$	2,109
Addition of accretable yield due to RBC Bank (USA) acquisition on March 2, 2012				587
Accretion (including excess cash recoveries)				(623)
Net reclassifications to accretable from non-accretable (b)				211
Disposals				(20)
September 30			$	2,264
(a)	The table above has been updated to reflect certain immaterial adjustments.
(b)	Over ninety percent of the net reclassifications were driven by the commercial portfolio. Over half of the commercial portfolio impact related to excess cash recoveries recognized
	during the period, with the remaining due to improvements of cash expected to be collected on both RBC Bank (USA) and National City loans in future periods. The remaining net
	reclassifications were due to future cash flow changes in the consumer portfolio.

RBC Acquisition - Purchased Loans Balances

Table 77: RBC Bank (USA) Acquisition - Purchased Loans Balances		(a)
			Purchased Impaired Loans				Other Purchased Loans
As of March 2, 2012 In millions			Fair Value		Outstanding Balance		Fair Value		Outstanding Balance
Commercial Lending
	Commercial	$	330	$	564	$	5,954	$	6,298
	Commercial real estate		597		1,018		2,101		2,340
	Equipment lease financing						86		92
Total Commercial Lending			927		1,582		8,141		8,730
Consumer Lending
	Home equity		175		215		2,827		3,346
	Residential real estate		896		1,214		1,168		1,202
	Credit card and other consumer						376		385
Total Consumer Lending			1,071		1,429		4,371		4,933
Total		$	1,998	$	3,011	$	12,512	$	13,663
(a)	The table above has been updated to reflect certain immaterial adjustments and reclassifications between commercial and commercial real estate.

Purchased Impaired Loans - RBC Acquisition

The table below details the contractually required payments, non-accretable difference, accretable yield, and fair value for purchased impaired loans acquired in the RBC Bank (USA) acquisition as of March 2, 2012.
Table 78 : Purchased Impaired Loans - RBC Bank (USA) Acquisition		(a)
In millions				March 2, 2012
Contractually required payments including interest			$	3,769
Less: Nonaccretable difference				1,184
Cash flows expected to be collected				2,585
Less: Accretable yield				587
Fair value of loans acquired			$	1,998
(a)	The table above has been updated to reflect certain immaterial adjustments.

Purchased Non-Impaired Loans Fair Value

Table 79: Purchased Non-Impaired Loans - Fair Value						(a)
As of March 2,2012					Commercial		Equipment				Residential		Credit Card and
In millions			Commercial		Real Estate		Lease Finance		Home Equity		Real Estate		Other Consumer		Total
Outstanding Balance		$	6,298	$	2,340	$	92	$	3,346	$	1,202	$	385	$	13,663
Less: Fair value adjustment			344		239		6		519		34		9		1,151
Fair value of loans acquired		$	5,954	$	2,101	$	86	$	2,827	$	1,168	$	376	$	12,512
(a)	The table above has been updated to reflect certain immaterial adjustments.

Purchased Non-Impaired Loans Cash Flows

The table below details contractually required payments, cash flows not expected to be collected and cash flows expected to
be collected on other purchased loans acquired in connection with the RBC Bank (USA) transaction.
Table 80: Purchased Non-Impaired Loans - Cash Flows						(a)
As of March 2,2012					Commercial		Equipment				Residential		Credit Card and
In millions			Commercial		Real Estate		Lease Finance		Home Equity		Real Estate		Other Consumer		Total
Contractually required repayments
	including interest (b)	$	6,857	$	2,473	$	101	$	5,003	$	1,869	$	414	$	16,717
Less: Contractual cash flows not
	expected to be collected		102		129		6		1,501		538		189		2,465
Cash flows expected to be collected		$	6,755	$	2,344	$	95	$	3,502	$	1,331	$	225	$	14,252
(a)	The table above has been updated to reflect certain immaterial adjustments.
(b)	Denotes required payments based on a loan's contractual schedule assuming no loss or prepayment.