Purchased Loans (Tables)

9 Months Ended

Sep. 30, 2014

Accounting for Acquired Loans Disclosure

Purchased Impaired Loans - Balances

Table 69: Purchased Impaired Loans - Balances
		September 30, 2014						December 31, 2013
In millions		OutstandingBalance (a)		Recorded Investment		Carrying Value			OutstandingBalance (a)		Recorded Investment		Carrying Value
Commercial lending
	Commercial	$	183	$	82	$	64		$	282	$	157	$	131
	Commercial real estate		390		323		245			655		516		409
Total commercial lending			573		405		309			937		673		540
Consumer lending
	Consumer		2,244		2,065		1,794			2,523		2,312		1,971
	Residential real estate		2,551		2,697		2,173			3,025		3,121		2,591
Total consumer lending			4,795		4,762		3,967			5,548		5,433		4,562
	Total	$	5,368	$	5,167	$	4,276		$	6,485	$	6,106	$	5,102
(a) Outstanding balance represents the balance on the loan servicing system for active loans. It is possible for the outstanding balance to be lower than the recorded investment for certain loans due to the use of pool accounting.

Purchased Impaired Loans - Accretable Yield

Activity for the accretable yield during the first nine months of 2014 and 2013 follows:
Table 70: Purchased Impaired Loans - Accretable Yield
In millions		2014		2013
January 1		$	2,055	$	2,166
Accretion (including excess cash recoveries)			(449)		(539)
Net reclassifications to accretable from non-accretable (a)			237		577
Disposals			(24)		(20)
September 30		$	1,819	$	2,184
(a)	Approximately 68% and 60% of the net reclassifications for the nine months ended September 30, 2014 and 2013, respectively, were within the consumer portfolio primarily due to increases in the expected average life of residential and home equity loans. The remaining net reclassifications were predominantly due to future cash flow improvements within the commercial portfolio.