Loans and Allowance for Credit Losses

9 Months Ended

Sep. 30, 2014

Loans and Allowance for Credit Losses [Abstract]

Loans and Allowance for Credit Losses

Note 5: Loans and Allowance for Credit Losses

The following table presents total loans outstanding by portfolio segment and class of financing receivable. Outstanding balances include a total net reduction of $4.6 billion and $6.4 billion at September 30, 2014, andDecember 31, 2013, respectively, for unearned income, net deferred loan fees, and unamortized discounts and premiums.

					Sept. 30,	Dec. 31,
(in millions)					2014	2013
Commercial:
	Commercial and industrial			$	212,370	193,811
	Real estate mortgage				107,208	107,100
	Real estate construction				17,880	16,747
	Lease financing				11,675	12,034
	Foreign (1)				47,350	47,551
		Total commercial			396,483	377,243
Consumer:
	Real estate 1-4 family first mortgage				263,326	258,497
	Real estate 1-4 family junior lien mortgage				60,844	65,914
	Credit card				28,270	26,870
	Automobile				55,242	50,808
	Other revolving credit and installment				34,718	42,954
		Total consumer			442,400	445,043
			Total loans	$	838,883	822,286

• Substantially all of our foreign loan portfolio is commercial loans. Loans are classified as foreign primarily based on whether the borrower's primary addressis outside of the United States.

Loan Purchases, Sales, and Transfers

The following table summarizes the proceeds paid or received for purchases and sales of loans and transfers from loans held for investment to mortgages/loans held for sale at lower of cost or fair value. This loan activity primarily includes loans purchased and sales of whole loan or participating interests, whereby we receive or transfer a portion of a loan after origination. The table excludes PCI loans and loans recorded at fair value, including loans originated for sale because their loan activity normally does not impact the allowance for credit losses.

		2014				2013
(in millions)		Commercial		Consumer	Total	Commercial	Consumer	Total
Quarter ended September 30,
	Purchases (1)	$	1,214	-	1,214	6,226	-	6,226
	Sales		(1,270)	(40)	(1,310)	(1,177)	(24)	(1,201)
	Transfers to MHFS/LHFS (1)		(14)	2	(12)	(65)	(3)	(68)
Nine months ended September 30,
	Purchases (1)	$	3,751	168	3,919	9,374	581	9,955
	Sales		(4,869)	(115)	(4,984)	(4,989)	(470)	(5,459)
	Transfers to MHFS/LHFS (1)		(73)	(9,776)	(9,849)	(198)	(15)	(213)

• The “Purchases” and “Transfers to MHFS/LHFS" categories exclude activity in government insured/guaranteed real estate 1-4 family first mortgage loans. As servicer, we are able to buy delinquent insured/guaranteed loans out of the Government National Mortgage Association (GNMA) pools. These loans have different risk characteristics from the rest of our consumer portfolio, whereby this activity does not impact the allowance for loan losses in the same manner because the loans are predominantly insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA).On a net basis, such purchases net of transfers to MHFS were $807 millionand $2.4 billion for the third quarter 2014 and 2013, respectively, and $1.0 billion and $5.2 billion for the first nine months of2014 and 2013, respectively.

Commitments to Lend

A commitment to lend is a legally binding agreement to lend funds to a customer, usually at a stated interest rate, if funded, and for specific purposes and time periods.We generally require a fee to extend such commitments. Certain commitments are subject to loan agreements with covenants regarding the financial performance of the customer or borrowing base formulas on an ongoing basis that must be met before we are required to fund the commitment. We may reduce or cancel consumer commitments, including home equity lines and credit card lines, in accordance with the contracts and applicable law.

We may, as a representative for other lenders, advance funds or provide for the issuance of letters of credit under syndicated loan or letter of credit agreements. Any advances are generally repaid in less than a week and would normally require default of both the customer and another lender to expose us to loss. These temporary advance arrangements totaled approximately $91 billionat September 30, 2014 and $87 billion atDecember31, 2013.

We issue commercial letters of credit to assist customers in purchasing goods or services, typically for international trade. At September 30, 2014, and December 31, 2013, we had $1.4 billion and $1.2 billion, respectively, of outstanding issued commercial letters of credit.We also originate multipurpose lending commitments under which borrowers have the option to draw on the facility for different purposes in one of several forms, including a standby letter of credit. See Note 10 (Guarantees, Pledged Assets and Collateral) for additional information on standby letters of credit.

When we make commitments, we are exposed to credit risk. The maximum credit risk for these commitments will generally be lower than the contractual amount because a significant portion of these commitments are expected to expire without being used by the customer. In addition, we manage the potential risk in commitments to lend by limiting the total amount of commitments, both by individual customer and in total, by monitoring the size and maturity structure of these commitmentsand by applying the same credit standardsfor these commitments as for all of our credit activities.

For loans and commitments to lend,we generally require collateral or a guarantee. We may require various types of collateral, including commercial and consumer real estate, autos, other short-term liquid assets such as accounts receivable or inventory and long-lived assets, such as equipment and other business assets. Collateral requirements for each loan or commitment may vary based on the loan product and our assessment of a customer's credit risk according to the specific credit underwriting, including credit terms and structure.

The contractual amount of our unfunded credit commitments, including unissued standby and commercial letters of credit, is summarized by portfolio segment and class of financing receivable in the following table. The table excludes standby and commercial letters of credit issued under the terms of our commitments and temporary advance commitments on behalf of other lenders.

					Sept. 30,		Dec. 31,
(in millions)						2014	2013
Commercial:
	Commercial and industrial				$	257,488	238,962
	Real estate mortgage					5,436	5,910
	Real estate construction					14,213	12,593
	Foreign					17,233	12,216
		Total commercial				294,370	269,681
Consumer:
	Real estate 1-4 family first mortgage					32,048	32,908
	Real estate 1-4 family
		junior lien mortgage				45,829	47,668
	Credit card					86,915	78,961
	Other revolving credit and installment					23,929	24,213
		Total consumer				188,721	183,750
			Total unfunded
				credit commitments	$	483,091	453,431

Allowance for Credit Losses

The allowance for credit losses consists of the allowancefor loan losses and the allowance for unfunded credit commitments.Changes in the allowance for credit losses were:

							Quarter ended Sept. 30,			Nine months ended Sept. 30,
(in millions)							2014		2013	2014	2013
Balance, beginning of period						$	13,834		16,618	14,971	17,477
Provision for credit losses							368		75	910	1,946
Interest income on certain impaired loans (1)							(52)		(63)	(163)	(209)
Loan charge-offs:
	Commercial:
		Commercial and industrial					(154)		(151)	(451)	(516)
		Real estate mortgage					(12)		(44)	(47)	(153)
		Real estate construction					(3)		(6)	(7)	(18)
		Lease financing					(5)		(3)	(12)	(30)
		Foreign					(3)		(4)	(16)	(23)
			Total commercial				(177)		(208)	(533)	(740)
	Consumer:
		Real estate 1-4 family first mortgage					(167)		(303)	(583)	(1,170)
		Real estate 1-4 family junior lien mortgage					(201)		(345)	(670)	(1,287)
		Credit card					(236)		(239)	(769)	(771)
		Automobile					(192)		(153)	(515)	(443)
		Other revolving credit and installment					(160)		(191)	(508)	(558)
			Total consumer				(956)		(1,231)	(3,045)	(4,229)
				Total loan charge-offs			(1,133)		(1,439)	(3,578)	(4,969)
Loan recoveries:
	Commercial:
		Commercial and industrial					89		93	287	288
		Real estate mortgage					49		64	116	149
		Real estate construction					61		23	108	114
		Lease financing					1		3	6	13
		Foreign					1		6	4	23
			Total commercial				201		189	521	587
	Consumer:
		Real estate 1-4 family first mortgage					53		61	162	171
		Real estate 1-4 family junior lien mortgage					61		70	178	204
		Credit card					35		32	126	95
		Automobile					80		75	267	247
		Other revolving credit and installment					35		37	114	119
			Total consumer				264		275	847	836
				Total loan recoveries			465		464	1,368	1,423
					Net loan charge-offs (2)		(668)		(975)	(2,210)	(3,546)
Allowances related to business combinations/other							(1)		(8)	(27)	(21)
Balance, end of period						$	13,481		15,647	13,481	15,647
Components:
	Allowance for loan losses					$	12,681		15,159	12,681	15,159
	Allowance for unfunded credit commitments						800		488	800	488
		Allowance for credit losses (3)				$	13,481		15,647	13,481	15,647
Net loan charge-offs (annualized) as a percentage of average total loans (2)							0.32	%	0.48	0.36	0.59
Allowance for loan losses as a percentage of total loans (3)							1.51		1.87	1.51	1.87
Allowance for credit losses as a percentage of total loans (3)							1.61		1.93	1.61	1.93

• Certain impaired loans with anallowance calculated by discounting expected cash flows using the loan's effective interest rate over the remaining life of the loan recognize reductions in the allowance as interest income.
• For PCI loans, charge-offs are only recorded to the extent that losses exceed the purchase accounting estimates.
• The allowance for credit losses includes $11 millionand $22 million at September 30, 2014 and2013, respectively, related to PCI loans acquired from Wachovia. Loans acquired from Wachovia are included in total loans net of related purchase accounting net write-downs.

The following table summarizes the activity in the allowance for credit losses by our commercial and consumer portfolio segments.

						2014			2013
(in millions)			Commercial		Consumer	Total	Commercial	Consumer	Total
Quarter ended September 30,
Balance, beginning of period			$	6,400	7,434	13,834	5,896	10,722	16,618
	Provision for credit losses			(9)	377	368	65	10	75
	Interest income on certain impaired loans			(5)	(47)	(52)	(11)	(52)	(63)
	Loan charge-offs			(177)	(956)	(1,133)	(208)	(1,231)	(1,439)
	Loan recoveries			201	264	465	189	275	464
		Net loan charge-offs		24	(692)	(668)	(19)	(956)	(975)
	Allowance related to business combinations/other			(1)	-	(1)	(8)	-	(8)
Balance, end of period			$	6,409	7,072	13,481	5,923	9,724	15,647
Nine months ended September 30,
Balance, beginning of period			$	6,103	8,868	14,971	5,714	11,763	17,477
	Provision for credit losses			337	573	910	429	1,517	1,946
	Interest income on certain impaired loans			(17)	(146)	(163)	(46)	(163)	(209)
	Loan charge-offs			(533)	(3,045)	(3,578)	(740)	(4,229)	(4,969)
	Loan recoveries			521	847	1,368	587	836	1,423
		Net loan charge-offs		(12)	(2,198)	(2,210)	(153)	(3,393)	(3,546)
	Allowance related to business combinations/other			(2)	(25)	(27)	(21)	-	(21)
Balance, end of period			$	6,409	7,072	13,481	5,923	9,724	15,647

The following table disaggregates our allowance for credit losses and recorded investment in loans by impairment methodology.

			Allowance for credit losses			Recorded investment in loans
(in millions)			Commercial	Consumer	Total	Commercial	Consumer	Total
September 30, 2014
Collectively evaluated (1)		$	5,621	3,828	9,449	390,457	398,157	788,614
Individually evaluated (2)			780	3,241	4,021	4,167	21,866	26,033
PCI (3)			8	3	11	1,859	22,377	24,236
	Total	$	6,409	7,072	13,481	396,483	442,400	838,883
December 31, 2013
Collectively evaluated (1)		$	4,921	5,011	9,932	369,405	398,084	767,489
Individually evaluated (2)			1,156	3,853	5,009	5,334	22,736	28,070
PCI (3)			26	4	30	2,504	24,223	26,727
	Total	$	6,103	8,868	14,971	377,243	445,043	822,286

• Represents loans collectively evaluated for impairment in accordance with Accounting Standards Codification (ASC) 450-20,Loss Contingencies (formerly FAS 5), and pursuant to amendments by ASU 2010-20 regarding allowance for non-impaired loans.
• Represents loans individually evaluated for impairment in accordance with ASC 310-10, Receivables (formerly FAS 114), and pursuant to amendments by ASU 2010-20 regarding allowance for impaired loans.
• Represents the allowance and related loan carrying value determined in accordance with ASC 310-30, Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality (formerly SOP 03-3) and pursuant to amendments by ASU 2010-20 regarding allowance for PCI loans.

Credit Quality

We monitor credit quality by evaluating various attributes and utilize such information in our evaluation of the appropriateness of the allowance for credit losses.The following sections provide the credit quality indicators we most closely monitor.The credit quality indicators are generally based oninformation as of our financial statement date, with the exception of updated Fair Isaac Corporation (FICO) scores and updated loan-to-value (LTV)/combined LTV (CLTV), which are obtained at least quarterly. Generally, these indicators are updated in the second month of each quarter, with updates no older than June 30,2014.See the “Purchased Credit-Impaired Loans” section of this Note for credit quality information on our PCI portfolio.

Commercial Credit Quality IndicatorsIn addition to monitoring commercial loan concentration risk, we manage a consistent process for assessing commercial loan credit quality. Generally, commercial loans are subject to individual risk assessment using our internal borrower and collateral quality ratings. Our ratings are aligned to Pass and Criticized categories. The Criticized category includes Special Mention, Substandard, and Doubtful categories which are defined by bank regulatory agencies.

The following table provides a breakdown of outstanding commercial loans by risk category. Of the $9.1 billion in criticized commercial real estate (CRE) loans at September 30, 2014, $1.9 billion has been placed on nonaccrual status and written down to net realizable collateral value. CRE loanshave a high level ofmonitoring in place to manage these assets and mitigate loss exposure.

				Commercial		Real	Real
					and	estate	estate	Lease
(in millions)					industrial	mortgage	construction	financing	Foreign	Total
September 30, 2014
By risk category:
	Pass			$	196,918	98,129	16,687	11,200	45,096	368,030
	Criticized				15,206	8,106	956	475	1,851	26,594
		Total commercial loans (excluding PCI)			212,124	106,235	17,643	11,675	46,947	394,624
Total commercial PCI loans (carrying value)					246	973	237	-	403	1,859
			Total commercial loans	$	212,370	107,208	17,880	11,675	47,350	396,483
December 31, 2013
By risk category:
	Pass			$	178,673	94,992	14,594	11,577	44,094	343,930
	Criticized				14,923	10,972	1,720	457	2,737	30,809
		Total commercial loans (excluding PCI)			193,596	105,964	16,314	12,034	46,831	374,739
Total commercial PCI loans (carrying value)					215	1,136	433	-	720	2,504
			Total commercial loans	$	193,811	107,100	16,747	12,034	47,551	377,243

The following table provides past due information for commercial loans, which we monitor as part of our credit risk management practices.

				Commercial		Real	Real
					and	estate	estate	Lease
(in millions)				industrial		mortgage	construction	financing	Foreign	Total
September 30, 2014
By delinquency status:
	Current-29 DPD and still accruing			$	211,140	104,279	17,319	11,622	46,908	391,268
	30-89 DPD and still accruing				366	283	89	28	4	770
	90+ DPD and still accruing				32	37	18	-	4	91
Nonaccrual loans					586	1,636	217	25	31	2,495
		Total commercial loans (excluding PCI)			212,124	106,235	17,643	11,675	46,947	394,624
Total commercial PCI loans (carrying value)					246	973	237	-	403	1,859
			Total commercial loans	$	212,370	107,208	17,880	11,675	47,350	396,483
December 31, 2013
By delinquency status:
	Current-29 DPD and still accruing			$	192,509	103,139	15,698	11,972	46,784	370,102
	30-89 DPD and still accruing				338	538	103	33	7	1,019
	90+ DPD and still accruing				11	35	97	-	-	143
Nonaccrual loans					738	2,252	416	29	40	3,475
		Total commercial loans (excluding PCI)			193,596	105,964	16,314	12,034	46,831	374,739
Total commercial PCI loans (carrying value)					215	1,136	433	-	720	2,504
			Total commercial loans	$	193,811	107,100	16,747	12,034	47,551	377,243

Consumer Credit Quality IndicatorsWe have various classes of consumer loans that present unique risks. Loan delinquency, FICO credit scores and LTV for loan types are common credit quality indicators that we monitor and utilize in our evaluation of the appropriateness of the allowance for credit losses for the consumer portfolio segment.

Many of our loss estimation techniques used for the allowance for credit losses rely on delinquency-based models; therefore, delinquency is an important indicator of credit quality and the establishment of our allowance for credit losses. The following table provides the outstanding balances of our consumer portfolio by delinquency status.

				Real estate	Real estate			Other
				1-4 family	1-4 family			revolving
				first	junior lien	Credit		credit and
(in millions)				mortgage	mortgage	card	Automobile	installment	Total
September 30, 2014
By delinquency status:
	Current-29 DPD		$	205,905	59,293	27,619	54,105	34,347	381,269
	30-59 DPD			2,505	400	206	856	156	4,123
	60-89 DPD			1,088	230	143	204	109	1,774
	90-119 DPD			557	160	118	70	75	980
	120-179 DPD			627	192	183	6	19	1,027
	180+ DPD			4,431	463	1	1	12	4,908
Government insured/guaranteed loans (1)				25,942	-	-	-	-	25,942
	Total consumer loans (excluding PCI)			241,055	60,738	28,270	55,242	34,718	420,023
Total consumer PCI loans (carrying value)				22,271	106	-	-	-	22,377
		Total consumer loans	$	263,326	60,844	28,270	55,242	34,718	442,400
December 31, 2013
By delinquency status:
	Current-29 DPD		$	193,361	64,194	26,203	49,699	31,866	365,323
	30-59 DPD			2,784	461	202	852	178	4,477
	60-89 DPD			1,157	253	144	186	111	1,851
	90-119 DPD			587	182	124	66	76	1,035
	120-179 DPD			747	216	196	4	20	1,183
	180+ DPD			5,024	485	1	1	7	5,518
Government insured/guaranteed loans (1)				30,737	-	-	-	10,696	41,433
	Total consumer loans (excluding PCI)			234,397	65,791	26,870	50,808	42,954	420,820
Total consumer PCI loans (carrying value)				24,100	123	-	-	-	24,223
		Total consumer loans	$	258,497	65,914	26,870	50,808	42,954	445,043

• Represents loans whose repayments are predominantly insured by the FHA or guaranteed by the VA and student loans whose repayments are predominantly guaranteed by agencies on behalf of the U.S. Department of Education under the Federal Family Education Loan Program (FFELP). Loans insured/guaranteed by the FHA/VA and 90+ DPD totaled $16.0 billion at September 30, 2014, compared with $20.8billion at December 31, 2013. On June 30, 2014, we transferred all government guaranteed student loans to loans held for sale.Student loans 90+ DPD totaled $900 million at December 31, 2013.

Of the $6.9 billion of consumer loans not government insured/guaranteed that are 90 days or more past due at September 30, 2014, $855 million was accruing, compared with $7.7 billion past due and $902 million accruing at December 31, 2013.

Real estate 1-4 family first mortgage loans 180 days or more past due totaled $4.4 billion, or 1.8% of total first mortgages (excluding PCI), at September 30, 2014, compared with $5.0 billion, or 2.1%, atDecember 31, 2013.

The following table provides a breakdown of our consumer portfolio by updated FICO. We obtain FICO scores at loan origination and the scores are updated at least quarterly. The majority of our portfolio is underwritten with a FICO score of 680 and above. FICO is not available for certain loan types and may not be obtained if we deem it unnecessary due to strong collateral and other borrower attributes, primarily securities-based margin loans of $5.5 billion at September 30, 2014, and $5.0 billion at December 31, 2013.

					Real estate	Real estate			Other
					1-4 family	1-4 family			revolving
					first	junior lien	Credit		credit and
(in millions)					mortgage	mortgage	card	Automobile	installment	Total
September 30, 2014
By updated FICO:
	< 600			$	11,679	3,934	2,416	8,510	859	27,398
	600-639				8,277	2,887	2,354	6,311	1,022	20,851
	640-679				14,403	5,494	4,442	9,414	2,289	36,042
	680-719				24,620	9,267	5,670	9,877	4,304	53,738
	720-759				35,610	12,626	5,907	7,341	5,793	67,277
	760-799				80,488	18,128	4,843	7,169	7,452	118,080
	800+				37,143	7,631	2,398	6,108	5,794	59,074
No FICO available					2,893	771	240	512	1,693	6,109
FICO not required					-	-	-	-	5,512	5,512
Government insured/guaranteed loans (1)					25,942	-	-	-	-	25,942
		Total consumer loans (excluding PCI)			241,055	60,738	28,270	55,242	34,718	420,023
Total consumer PCI loans (carrying value)					22,271	106	-	-	-	22,377
			Total consumer loans	$	263,326	60,844	28,270	55,242	34,718	442,400
December 31, 2013
By updated FICO:
	< 600			$	14,128	5,047	2,404	8,400	956	30,935
	600-639				9,030	3,247	2,175	5,925	1,015	21,392
	640-679				14,917	5,984	4,176	8,827	2,156	36,060
	680-719				24,336	10,042	5,398	8,992	3,914	52,682
	720-759				32,991	13,575	5,530	6,546	5,263	63,905
	760-799				72,062	19,238	4,535	6,313	6,828	108,976
	800+				33,311	7,705	2,408	5,397	5,127	53,948
No FICO available					2,885	953	244	408	1,992	6,482
FICO not required					-	-	-	-	5,007	5,007
Government insured/guaranteed loans (1)					30,737	-	-	-	10,696	41,433
		Total consumer loans (excluding PCI)			234,397	65,791	26,870	50,808	42,954	420,820
Total consumer PCI loans (carrying value)					24,100	123	-	-	-	24,223
			Total consumer loans	$	258,497	65,914	26,870	50,808	42,954	445,043

• Represents loans whose repayments are predominantly insured by the FHA or guaranteed by the VA and student loans whose repayments are predominantly guaranteed by agencies on behalf of the U.S. Department of Education under FFELP. On June 30, 2014, we transferred all government guaranteed student loans to loans held for sale.

LTV refers to the ratio comparing the loan's unpaid principal balance to the property's collateral value. CLTV refers to the combination of first mortgage and junior lien mortgage (including unused line amounts for credit line products) ratios. LTVs and CLTVs are updated quarterlyusing a cascade approach which first uses values provided by automated valuation models (AVMs) for the property. If an AVM is not available, then the value is estimated using the original appraised value adjusted by the change in Home Price Index (HPI) for the property location. If an HPI is not available, the original appraised value is used.The HPI value is normally the only method considered for high value properties, generally with an original value of $1 million or more, as the AVM values have proven less accurate for these properties.

The following table shows the most updated LTV and CLTV distribution of the real estate 1-4 family first and junior lien mortgage loan portfolios.We consider the trends in residential real estate markets as we monitor credit risk and establish our allowance for credit losses. In the event of a default, any loss should be limited to the portion of the loan amount in excess of the net realizable value of the underlying real estate collateral value. Certain loans do not have an LTV or CLTV primarily due to industry data availability and portfolios acquired from or serviced by other institutions.

					September 30, 2014			December 31, 2013
					Real estate	Real estate		Real estate	Real estate
					1-4 family	1-4 family		1-4 family	1-4 family
					first	junior lien		first	junior lien
					mortgage	mortgage		mortgage	mortgage
(in millions)					by LTV	by CLTV	Total	by LTV	by CLTV	Total
By LTV/CLTV:
	0-60%			$	94,798	15,792	110,590	74,046	13,636	87,682
	60.01-80%				82,796	17,727	100,523	80,187	17,154	97,341
	80.01-100%				26,187	14,286	40,473	30,843	16,272	47,115
	100.01-120% (1)				6,614	7,530	14,144	10,678	9,992	20,670
	> 120% (1)				3,314	4,500	7,814	6,306	7,369	13,675
No LTV/CLTV available					1,404	903	2,307	1,600	1,368	2,968
Government insured/guaranteed loans (2)					25,942	-	25,942	30,737	-	30,737
		Total consumer loans (excluding PCI)			241,055	60,738	301,793	234,397	65,791	300,188
Total consumer PCI loans (carrying value)					22,271	106	22,377	24,100	123	24,223
			Total consumer loans	$	263,326	60,844	324,170	258,497	65,914	324,411

• Reflects total loan balances with LTV/CLTV amounts in excess of 100%. In the event of default, the loss content would generally be limited to only the amount in excess of 100% LTV/CLTV.
• Represents loans whose repayments are predominantly insured by the FHA or guaranteed by the VA.

Nonaccrual LoansThe following table provides loans on nonaccrual status. PCI loans are excluded from this table because they continue to earn interest fromaccretable yield, independent of performance in accordance with their contractual terms.

					Sept. 30,		Dec. 31,
(in millions)						2014	2013
Commercial:
	Commercial and industrial				$	586	738
	Real estate mortgage					1,636	2,252
	Real estate construction					217	416
	Lease financing					25	29
	Foreign					31	40
		Total commercial (1)				2,495	3,475
Consumer:
	Real estate 1-4 family first mortgage (2)					8,784	9,799
	Real estate 1-4 family junior lien mortgage					1,903	2,188
	Automobile					143	173
	Other revolving credit and installment					40	33
		Total consumer				10,870	12,193
			Total nonaccrual loans
				(excluding PCI)	$	13,365	15,668

• Includes LHFS of $1 million at both September 30, 2014 and December 31,2013.
• Includes MHFS of $182 million at September 30, 2014 and$227 million atDecember 31,2013

LOANS IN PROCESS OF FORECLOSUREOur recorded investment in consumer mortgage loans collateralized by residential real estate property that are in process of foreclosure was $12.6 billion and $17.3 billion at September 30, 2014 and December 31, 2013, respectively, which included $6.8billion and $10.0 billion, respectively, of loans that are government insured/guaranteed. We commence the foreclosure process on consumer real estate loans when a borrower becomes 120 days delinquent in accordance with Consumer Finance Protection Bureau Guidelines. Foreclosure procedures and timelines vary depending on whether the property address resides in a judicial or non-judicial state. Judicial states require the foreclosure to be processed through the state's courts while non-judicial states are processed without court intervention. Foreclosure timelines vary according to state law.

LOANS 90 Days OR MORE Past Due and StillAccruingCertain loans 90 days or more past due as to interest or principal are still accruing, because they are (1) well-secured and in the process of collection or (2) real estate 1-4 family mortgage loans or consumer loans exempt under regulatory rules from being classified as nonaccrual until later delinquency, usually 120 days past due. PCI loans of $4.0 billion at September 30, 2014, and $4.5 billion at December 31, 2013, are not included in these past due and still accruing loans even though they are 90 days or more contractually past due. These PCI loans are considered to be accruing because they continue to earn interest from accretable yield, independent of performance in accordance with their contractual terms.

The following table shows non-PCI loans 90 days or more past due and still accruing by class for loans not government insured/guaranteed.

						Sept. 30,	Dec. 31,
(in millions)					2014		2013
Loans 90 days or more past due and still accruing:
Total (excluding PCI):					$	18,295	23,219
	Less: FHA insured/guaranteed by the VA (1)(2)					16,628	21,274
	Less: Student loans guaranteed
		under the FFELP (3)				721	900
			Total, not government
				insured/guaranteed	$	946	1,045
By segment and class, not government
	insured/guaranteed:
Commercial:
	Commercial and industrial				$	32	11
	Real estate mortgage					37	35
	Real estate construction					18	97
	Foreign					4	0
		Total commercial				91	143
Consumer:
	Real estate 1-4 family first mortgage (2)					327	354
	Real estate 1-4 family junior lien mortgage (2)					78	86
	Credit card					302	321
	Automobile					64	55
	Other revolving credit and installment					84	86
		Total consumer				855	902
			Total, not government
				insured/guaranteed	$	946	1,045

• Represents loans whose repayments are predominantly insured by the FHA or guaranteed by the VA.
• Includes mortgage loans held for sale 90 days or more past due and still accruing.
• Represents loans whose repayments are predominantly guaranteed by agencies on behalf of the U.S. Department of Education under the FFELP.At the end of secondquarter 2014, all government guaranteed student loans were transferred to loans held for sale.

Impaired LoansThe table below summarizes key information for impaired loans. Our impaired loans predominantly include loans on nonaccrual status in the commercial portfolio segment and loans modified in a TDR, whether on accrual or nonaccrual status. These impaired loans generally have estimated losses which are included in the allowance for credit losses. We have impaired loans with no allowance for credit losses when loss content has been previously recognized through charge-offs and we do not anticipate additional charge-offs or losses, or certain loans are currently performing in accordance with their terms and for which no loss has been estimated.Impaired loans exclude PCI loans. The table below includes trial modifications that totaled $473million at September 30, 2014, and $650 million at December 31, 2013.

For additional information on our impaired loans and allowance for credit losses, see Note 1 (Summary of Significant Accounting Policies) in our 2013 Form 10-K.

						Recorded investment
							Impaired loans
					Unpaid		with related	Related
					principal	Impaired	allowance for	allowance for
(in millions)					balance (1)	loans	credit losses	credit losses
September 30, 2014
Commercial:
	Commercial and industrial			$	1,624	994	776	244
	Real estate mortgage				3,518	2,745	2,673	460
	Real estate construction				589	378	363	50
	Lease financing				65	21	21	16
	Foreign				38	29	21	10
		Total commercial			5,834	4,167	3,855	780
Consumer:
	Real estate 1-4 family first mortgage				21,584	18,762	13,094	2,453
	Real estate 1-4 family junior lien mortgage				3,116	2,564	2,023	680
	Credit card				358	358	358	95
	Automobile				196	136	60	9
	Other revolving credit and installment				56	46	39	4
		Total consumer (2)			25,310	21,866	15,574	3,241
			Total impaired loans (excluding PCI)	$	31,144	26,033	19,430	4,021
December 31, 2013
Commercial:
	Commercial and industrial			$	2,016	1,274	1,024	223
	Real estate mortgage				4,269	3,375	3,264	819
	Real estate construction				946	615	589	101
	Lease financing				71	33	33	8
	Foreign				44	37	37	5
		Total commercial			7,346	5,334	4,947	1,156
Consumer:
	Real estate 1-4 family first mortgage				22,450	19,500	13,896	3,026
	Real estate 1-4 family junior lien mortgage				3,130	2,582	2,092	681
	Credit card				431	431	431	132
	Automobile				245	189	95	11
	Other revolving credit and installment				44	34	27	3
		Total consumer (2)			26,300	22,736	16,541	3,853
			Total impaired loans (excluding PCI)	$	33,646	28,070	21,488	5,009

• Excludes the unpaid principal balance for loansthat have been fully charged off or otherwise have zero recorded investment.
• At September 30, 2014 and December 31, 2013, includes the recorded investment of $2.1 billion and $2.5 billion, respectively, of government insured/guaranteed loans that are predominantly insured by the FHA or guaranteed by the VA and generally do not have an allowance.

Commitments to lend additional funds on loans whose terms have been modified in a TDRamounted to $360million and $407 million at September 30, 2014 and December 31, 2013, respectively.

The following tables provide the average recorded investment in impaired loans and the amount of interest income recognized on impaired loans by portfolio segment and class.

					Quarter ended September 30,							Nine months ended September 30,
						2014			2013			2014			2013
						Average	Recognized		Average	Recognized		Average	Recognized		Average	Recognized
						recorded		interest	recorded	interest		recorded		interest	recorded	interest
(in millions)					investment			income	investment	income	investment			income	investment	income
Commercial:
	Commercial and industrial				$	1,051		22	1,362	28		1,123		60	1,580	76
	Real estate mortgage					2,856		42	3,868	38		3,043		107	4,093	106
	Real estate construction					407		7	878	6		485		22	1,070	29
	Lease financing					26		1	25	1		30		1	30	1
	Foreign					31		-	27	-		33		-	36	-
		Total commercial				4,371		72	6,160	73		4,714		190	6,809	212
Consumer:
	Real estate 1-4 family
		first mortgage				19,104		232	19,593	270		18,954		707	19,359	785
	Real estate 1-4 family
		junior lien mortgage				2,555		36	2,499	36		2,552		107	2,492	109
	Credit card					367		11	467	14		392		35	491	43
	Automobile					144		4	228	7		161		15	263	24
	Other revolving credit
		and installment				41		1	32	1		38		3	28	2
		Total consumer				22,211		284	22,819	328		22,097		867	22,633	963
			Total impaired loans
				(excluding PCI)	$	26,582		356	28,979	401		26,811		1,057	29,442	1,175
Interest income:
	Cash basis of accounting						$	115		129				314		371
	Other (1)							241		272				743		804
		Total interest income					$	356		401				1,057		1,175

• Includes interest recognized on accruing TDRs, interest recognized related to certain impaired loans which have an allowance calculated using discounting, and amortization of purchase accounting adjustments related to certain impaired loans.

TROUBLED DEBT RESTRUCTURINGs (TDRs)When, for economic or legal reasons related to a borrower's financial difficulties, we grant a concession for other than an insignificant period of time to a borrower that we would not otherwise consider, the related loan is classified as a TDR. We do not consider any loans modified through a loan resolution such as foreclosure or short sale to be a TDR.

We may require some consumer borrowers experiencing financial difficulty to make trial payments generally for a period of three to four months, according to the terms of a planned permanent modification, to determine if they can perform according to those terms. These arrangements represent trial modifications, which we classify and account for as TDRs. While loans are in trial payment programs, their original terms are not considered modified and they continue to advance through delinquency status and accrue interest according to their original terms. The planned modifications for these arrangements predominantly involve interest rate reductions or other interest rate concessions; however, the exact concession type and resulting financial effect are usually not finalized and do not take effect until the loan is permanently modified. The trial period terms are developed in accordance with our proprietary programs or the U.S. Treasury's Making Home Affordable programs for real estate 1-4 family first lien (i.e. Home Affordable Modification Program – HAMP) and junior lien (i.e. Second Lien Modification Program – 2MP) mortgage loans.

At September 30, 2014, the loans in trial modification period were $149million under HAMP, $35million under 2MP and $289million under proprietary programs, compared with $253 million, $45 million and $352million at December 31, 2013, respectively. Trial modifications with a recorded investment of $178 million at September 30, 2014, and $286 million at December 31, 2013, were accruing loans and $295 million and $364 million, respectively, were nonaccruing loans. Our experience is that substantially all of the mortgages that enter a trial payment period program are successful in completing the program requirements and are then permanently modified at the end of the trial period. Our allowance process considers the impact of those modifications that are probable to occur.

The following table summarizes our TDR modifications for the periods presented by primary modification type and includes the financial effects of these modifications. For those loans that modify more than once, the table reflects each modification that occurred during the period.

					Primary modification type (1)				Financial effects of modifications
										Weighted		Recorded
										average		investment
						Interest				interest		related to
						rate	Other		Charge-	rate		interest rate
(in millions)				Principal (2)		reduction	concessions (3)	Total	offs (4)	reduction		reduction (5)
Quarter ended September 30, 2014
Commercial:
	Commercial and industrial			$	-	9	176	185	3	1.29	%	$	9
	Real estate mortgage				4	50	180	234	-	1.20			50
	Real estate construction				-	2	31	33	-	2.15			2
	Foreign				-	-	-	-	-	-			-
		Total commercial			4	61	387	452	3	1.25			61
Consumer:
	Real estate 1-4 family first mortgage				115	113	682	910	15	2.34			209
	Real estate 1-4 family junior lien mortgage				12	31	62	105	17	3.23			41
	Credit card				-	38	-	38	-	11.59			38
	Automobile				-	2	22	24	9	8.46			2
	Other revolving credit and installment				-	3	6	9	-	5.22			3
	Trial modifications (6)				-	-	28	28	-	-			-
		Total consumer			127	187	800	1,114	41	3.73			293
			Total	$	131	248	1,187	1,566	44	3.30	%	$	354
Quarter ended September 30, 2013
Commercial:
	Commercial and industrial			$	2	73	316	391	6	3.58	%	$	73
	Real estate mortgage				-	62	345	407	1	1.65			62
	Real estate construction				-	6	54	60	-	1.08			6
	Foreign				-	1	-	1	-	0.26			1
		Total commercial			2	142	715	859	7	2.60			142
Consumer:
	Real estate 1-4 family first mortgage				271	259	832	1,362	49	2.80			485
	Real estate 1-4 family junior lien mortgage				24	41	77	142	8	3.43			64
	Credit card				-	46	-	46	-	10.15			46
	Automobile				1	2	26	29	9	8.98			2
	Other revolving credit and installment				-	2	2	4	-	5.40			2
	Trial modifications (6)				-	-	37	37	-	-			-
		Total consumer			296	350	974	1,620	66	3.46			599
			Total	$	298	492	1,689	2,479	73	3.30	%	$	741

					Primary modification type (1)				Financial effects of modifications
										Weighted		Recorded
										average		investment
						Interest				interest		related to
						rate	Other		Charge-	rate		interest rate
(in millions)				Principal (2)		reduction	concessions (3)	Total	offs (4)	reduction		reduction (5)
Nine months ended September 30, 2014
Commercial:
	Commercial and industrial			$	4	45	687	736	29	1.61	%	$	45
	Real estate mortgage				7	143	748	898	-	1.22			143
	Real estate construction				-	4	198	202	-	1.88			4
	Foreign				-	1	-	1	-	0.84			1
		Total commercial			11	193	1,633	1,837	29	1.33			193
Consumer:
	Real estate 1-4 family first mortgage				464	306	2,060	2,830	75	2.53			649
	Real estate 1-4 family junior lien mortgage				42	90	199	331	50	3.27			126
	Credit card				-	118	-	118	-	11.33			118
	Automobile				2	4	65	71	26	8.87			4
	Other revolving credit and installment				-	6	10	16	-	5.05			6
	Trial modifications (6)				-	-	(87)	(87)	-	-			-
		Total consumer			508	524	2,247	3,279	151	3.82			903
			Total	$	519	717	3,880	5,116	180	3.38	%	$	1,096
Nine months ended September 30, 2013
Commercial:
	Commercial and industrial			$	2	156	877	1,035	7	5.09	%	$	156
	Real estate mortgage				28	232	1,113	1,373	7	1.67			232
	Real estate construction				-	9	253	262	4	1.02			9
	Foreign				15	1	-	16	-	-			1
		Total commercial			45	398	2,243	2,686	18	2.99			398
Consumer:													-
	Real estate 1-4 family first mortgage				897	1,016	2,928	4,841	194	2.63			1,671
	Real estate 1-4 family junior lien mortgage				76	135	335	546	24	3.30			206
	Credit card				-	138	-	138	-	10.47			138
	Automobile				3	10	74	87	25	7.39			10
	Other revolving credit and installment				-	8	9	17	-	4.95			8
	Trial modifications (6)				-	-	91	91	-	-			-
		Total consumer			976	1,307	3,437	5,720	243	3.27			2,033
			Total	$	1,021	1,705	5,680	8,406	261	3.22	%	$	2,431
(1)	Amounts represent the recorded investment in loans after recognizing the effects of the TDR, if any. TDRs may have multiple types of concessions, but are presented only once in the first modification type based on the order presented in the table above. The reported amounts include loans remodified of $464 million and $807 million, for quarters ended September 30, 2014 and 2013, and $1.6 billion and $2.4 billion for the nine months ended 2014 and 2013, respectively.
(2)	Principal modifications include principal forgiveness at the time of the modification, contingent principal forgiveness granted over the life of the loan based on borrower performance, and principal that has been legally separated and deferred to the end of the loan, with a zero percent contractual interest rate.
(3)	Other concessions include loan renewals, term extensions and other interest and noninterest adjustments, but exclude modifications that also forgive principal and/or reduce the contractual interest rate.
(4)	Charge-offs include write-downs of the investment in the loan in the period it is contractually modified. The amount of charge-off will differ from the modification terms if the loan has been charged down prior to the modification based on our policies. In addition, there may be cases where we have a charge-off/down with no legal principal modification. Modifications resulted in legally forgiving principal (actual, contingent or deferred) of $34 million and $87 million for the quarters ended September 30, 2014 and 2013, and $126 million and $316 million for the nine months ended September 30, 2014 and 2013, respectively.
(5)	Reflects the effect of reduced interest rates on loans with principal or interest rate reduction primary modification type.
(6)	Trial modifications are granted a delay in payments due under the original terms during the trial payment period. However, these loans continue to advance through delinquency status and accrue interest according to their original terms. Any subsequent permanent modification generally includes interest rate related concessions; however, the exact concession type and resulting financial effect are usually not known until the loan is permanently modified. Trial modifications for the period are presented net of previously reported trial modifications that became permanent in the current period.

The table below summarizes permanent modification TDRs that have defaulted in the current period within 12 months of their permanent modification date. We are reporting these defaulted TDRs based on a payment default definition of 90 days past due for the commercial portfolio segment and 60 days past due for the consumer portfolio segment.

				Recorded investment of defaults
					Quarter ended September 30,		Nine months ended September 30,
(in millions)					2014	2013	2014	2013
Commercial:
	Commercial and industrial			$	33	19	58	269
	Real estate mortgage				34	51	97	473
	Real estate construction				1	10	4	252
	Foreign				-	1	5	-
		Total commercial			68	81	164	994
Consumer:
	Real estate 1-4 family first mortgage				91	107	248	447
	Real estate 1-4 family junior lien mortgage				7	9	22	48
	Credit card				13	13	39	73
	Automobile				3	5	10	45
	Other revolving credit and installment				-	1	-	1
		Total consumer			114	135	319	614
			Total	$	182	216	483	1,608

Purchased Credit-Impaired Loans

Substantially all of our PCI loans were acquired from Wachovia on December 31, 2008. The following table presents PCI loans net of any remaining purchase accounting adjustments.Real estate 1-4 family first mortgage PCI loans are predominantly Pick-a-Pay loans.

					Sept. 30,	December 31,
(in millions)					2014	2013	2008
Commercial:
	Commercial and industrial			$	246	215	4,580
	Real estate mortgage				973	1,136	5,803
	Real estate construction				237	433	6,462
	Foreign				403	720	1,859
		Total commercial			1,859	2,504	18,704
Consumer:
	Real estate 1-4 family first mortgage				22,271	24,100	39,214
	Real estate 1-4 family junior lien mortgage				106	123	728
	Automobile				-	-	151
		Total consumer			22,377	24,223	40,093
			Total PCI loans (carrying value)	$	24,236	26,727	58,797
Total PCI loans (unpaid principal balance)				$	34,320	38,229	98,182

Accretable YieldThe excess of cash flows expected to be collected over the carrying value of PCI loans is referred to as the accretable yield and is recognized in interest income using an effective yield method over the remaining life of the loan, or pools of loans. The accretable yield is affected by:

• changes in interest rate indices for variable rate PCI loans – expected future cash flows are based on the variable rates in effect at the time of the regular evaluations of cash flows expected to be collected;
• changes in prepayment assumptions – prepayments affect the estimated life of PCI loans which may change the amount of interest income, and possibly principal, expected to be collected; and
• changes in the expected principal and interest payments over the estimated life – updates to expected cash flows are driven by the credit outlook and actions taken with borrowers. Changes in expected future cash flows from loan modifications are included in the regular evaluations of cash flows expected to be collected.

The change in the accretable yield related to PCI loans is presented in the following table.

(in millions)
Balance, December 31, 2008		$	10,447
	Addition of accretable yield due to acquisitions		132
	Accretion into interest income (1)		(11,184)
	Accretion into noninterest income due to sales (2)		(393)
	Reclassification from nonaccretable difference for loans with improving credit-related cash flows		6,325
	Changes in expected cash flows that do not affect nonaccretable difference (3)		12,065
Balance, December 31, 2013			17,392
	Addition of accretable yield due to acquisitions		-
	Accretion into interest income (1)		(1,183)
	Accretion into noninterest income due to sales (2)		(35)
	Reclassification from nonaccretable difference for loans with improving credit-related cash flows		2,089
	Changes in expected cash flows that do not affect nonaccretable difference (3)		(284)
Balance, September 30, 2014		$	17,979
Balance, June 30, 2014		$	18,418
	Addition of accretable yield due to acquisitions		-
	Accretion into interest income (1)		(446)
	Accretion into noninterest income due to sales (2)		-
	Reclassification from nonaccretable difference for loans with improving credit-related cash flows		13
	Changes in expected cash flows that do not affect nonaccretable difference (3)		(6)
Balance, September 30, 2014		$	17,979
(1)	Includes accretable yield released as a result of settlements with borrowers, which is included in interest income.
(2)	Includes accretable yield released as a result of sales to third parties, which is included in noninterest income.
(3)	Represents changes in cash flows expected to be collected due to the impact of modifications, changes in prepayment assumptions, changes in interest rates on variable rate PCI loans and sales to third parties.

PCI AllowanceBased on our regular evaluation of estimates of cash flows expected to be collected, we may establish an allowance for a PCI loan or pool of loans, with a charge to income though the provision for losses. The following table summarizes the changes in allowance for PCI loan losses.

					Other
(in millions)			Commercial	Pick-a-Pay	consumer	Total
Balance, December 31, 2008		$	-	-	-	-
	Provision for loan losses		1,641	-	107	1,748
	Charge-offs		(1,615)	-	(103)	(1,718)
Balance, December 31, 2013			26	-	4	30
	Provision (reversal of provision) for loan losses		(15)	-	-	(15)
	Charge-offs		(3)	-	(1)	(4)
Balance, September 30, 2014		$	8	-	3	11
Balance, June 30, 2014		$	5	-	3	8
	Reversal of provision for loan losses		4	-	(1)	3
	Recoveries (charge-offs)		(1)	-	1	-
Balance, September 30, 2014		$	8	-	3	11

Commercial PCI Credit Quality Indicators The following

table provides a breakdown of commercial PCI loans by risk category.

			Commercial		Real	Real
				and	estate	estate
(in millions)				industrial	mortgage	construction	Foreign	Total
September 30, 2014
By risk category:
	Pass		$	104	314	102	-	520
	Criticized			142	659	135	403	1,339
		Total commercial PCI loans	$	246	973	237	403	1,859
December 31, 2013
By risk category:
	Pass		$	118	316	160	8	602
	Criticized			97	820	273	712	1,902
		Total commercial PCI loans	$	215	1,136	433	720	2,504

The following table provides past due information for commercial PCI loans.

			Commercial		Real	Real
				and	estate	estate
(in millions)				industrial	mortgage	construction	Foreign	Total
September 30, 2014
By delinquency status:
	Current-29 DPD and still accruing		$	243	914	195	359	1,711
	30-89 DPD and still accruing			1	5	-	-	6
	90+ DPD and still accruing			2	54	42	44	142
		Total commercial PCI loans	$	246	973	237	403	1,859
December 31, 2013
By delinquency status:
	Current-29 DPD and still accruing		$	210	1,052	355	632	2,249
	30-89 DPD and still accruing			5	41	2	-	48
	90+ DPD and still accruing			-	43	76	88	207
		Total commercial PCI loans	$	215	1,136	433	720	2,504

Consumer PCI Credit Quality IndicatorsOur consumer PCI loans were aggregated into several pools of loans at acquisition. Below, we have provided credit quality indicators based on the unpaid principal balance (adjusted for write-downs) of the individual loans included in the pool, but we have not allocated the remaining purchase accounting adjustments, which were established at a pool level. The following table provides the delinquency status of consumer PCI loans.

				September 30, 2014			December 31, 2013
				Real estate	Real estate		Real estate	Real estate
				1-4 family	1-4 family		1-4 family	1-4 family
				first	junior lien		first	junior lien
(in millions)				mortgage	mortgage	Total	mortgage	mortgage	Total
By delinquency status:
	Current-29 DPD and still accruing		$	19,592	170	19,762	20,712	171	20,883
	30-59 DPD and still accruing			2,041	7	2,048	2,185	8	2,193
	60-89 DPD and still accruing			1,079	3	1,082	1,164	4	1,168
	90-119 DPD and still accruing			444	2	446	457	2	459
	120-179 DPD and still accruing			445	3	448	517	4	521
	180+ DPD and still accruing			3,802	85	3,887	4,291	95	4,386
		Total consumer PCI loans (adjusted unpaid principal balance)	$	27,403	270	27,673	29,326	284	29,610
		Total consumer PCI loans (carrying value)	$	22,271	106	22,377	24,100	123	24,223

The following table provides FICO scores forconsumer PCI loans.

				September 30, 2014			December 31, 2013
			Real estate		Real estate		Real estate	Real estate
			1-4 family		1-4 family		1-4 family	1-4 family
				first	junior lien		first	junior lien
(in millions)				mortgage	mortgage	Total	mortgage	mortgage	Total
By FICO:
	< 600		$	8,107	79	8,186	9,933	101	10,034
	600-639			5,602	53	5,655	6,029	60	6,089
	640-679			6,839	69	6,908	6,789	70	6,859
	680-719			3,940	38	3,978	3,732	35	3,767
	720-759			1,720	11	1,731	1,662	11	1,673
	760-799			889	6	895	865	5	870
	800+			198	1	199	198	1	199
No FICO available				108	13	121	118	1	119
		Total consumer PCI loans (adjusted unpaid principal balance)	$	27,403	270	27,673	29,326	284	29,610
		Total consumer PCI loans (carrying value)	$	22,271	106	22,377	24,100	123	24,223

The following table shows the distribution of consumer PCIloans by LTV for real estate 1-4 family first mortgages and byCLTVfor real estate 1-4 family junior lien mortgages.

				September 30, 2014			December 31, 2013
			Real estate		Real estate		Real estate	Real estate
				1-4 family	1-4 family		1-4 family	1-4 family
				first	junior lien		first	junior lien
				mortgage	mortgage		mortgage	mortgage
(in millions)				by LTV	by CLTV	Total	by LTV	by CLTV	Total
By LTV/CLTV:
	0-60%		$	4,120	35	4,155	2,501	32	2,533
	60.01-80%			11,277	68	11,345	8,541	42	8,583
	80.01-100%			8,070	92	8,162	10,366	88	10,454
	100.01-120% (1)			2,691	47	2,738	4,677	67	4,744
	> 120% (1)			1,235	27	1,262	3,232	54	3,286
No LTV/CLTV available				10	1	11	9	1	10
		Total consumer PCI loans (adjusted unpaid principal balance)	$	27,403	270	27,673	29,326	284	29,610
		Total consumer PCI loans (carrying value)	$	22,271	106	22,377	24,100	123	24,223

• Reflects total loan balances with LTV/CLTV amounts in excess of 100%. In the event of default, the loss content would generally be limited to only the amount in excess of 100% LTV/CLTV.