Loans (Tables)

9 Months Ended

Sep. 30, 2011

Composition of Loan Portfolio

(Dollars in millions)	September 30, 2011		December 31, 2010
Commercial loans:
Commercial & industrial1		$47,985		$44,753
Commercial real estate	5,330		6,167
Commercial construction	1,390		2,568
Total commercial loans	54,705		53,488
Residential loans:
Residential mortgages - guaranteed	4,449		4,520
Residential mortgages - nonguaranteed2	23,517		23,959
Home equity products	15,980		16,751
Residential construction	1,046		1,291
Total residential loans	44,992		46,521
Consumer loans:
Guaranteed student loans	5,333		4,260
Other direct	1,945		1,722
Indirect	10,003		9,499
Credit cards	497		485
Total consumer loans	17,778		15,966
LHFI		$117,475		$115,975
LHFS		$2,243		$3,501

¹Includes $3 million and $4 million of loans carried at fair value at September 30, 2011 and December 31, 2010, respectively.

²Includes $449 million and $488 million of loans carried at fair value at September 30, 2011 and December 31, 2010, respectively.

LHFI by Credit Quality Indicator

	Commercial & industrial				Commercial real estate				Commercial construction
(Dollars in millions)	September 30, 2011		December 31, 2010		September 30, 2011		December 31, 2010		September 30, 2011		December 31, 2010
Credit rating:
Pass		$45,823		$42,140		$3,763		$4,316		$600		$836
Criticized accruing	1,682		2,029		1,227		1,509		405		771
Criticized nonaccruing	480		584		340		342		385		961
Total		$47,985		$44,753		$5,330		$6,167		$1,390		$2,568

	Residential mortgages  -    nonguaranteed 2				Home equity products				Residential construction
(Dollars in millions)	September 30, 2011		December 31, 2010		September 30, 2011		December 31, 2010		September 30, 2011		December 31, 2010
Current FICO score range:
700 and above		$16,205		$15,920		$11,348		$11,673		$695		$828
620 - 699	4,184		4,457		2,857		2,897		215		258
Below 6201	3,128		3,582		1,775		2,181		136		205
Total		$23,517		$23,959		$15,980		$16,751		$1,046		$1,291

	Consumer  - other direct3				Consumer - indirect				Consumer - credit cards
(Dollars in millions)	September 30, 2011		December 31, 2010		September 30, 2011		December 31, 2010		September 30, 2011		December 31, 2010
Current FICO score range:
700 and above		$1,187		$973		$7,530		$6,780		$278		$258
620 - 699	231		231		1,764		1,799		148		149
Below 6201	86		105		709		920		71		78
Total		$1,504		$1,309		$10,003		$9,499		$497		$485

¹For substantially all loans with refreshed FICO scores below 620, the borrower’s FICO score at the time of origination exceeded 620 but has since deteriorated as the loan has seasoned.

²Excludes $4.4 billion and $4.5 billion at September 30, 2011 and December 31, 2010, respectively, of federally guaranteed residential loans. At both September 30, 2011 and December 31, 2010, the majority of these loans had FICO scores of 700 and above.

³Excludes $441 millionand $413 millionas of September 30, 2011 and December 31, 2010, respectively, of private-label student loans with third party insurance. At both September 30, 2011 and December 31, 2010, the majority of these loans had FICO scores of 700 and above.

Payment Status for the LHFI Portfolio

	As of September 30, 2011
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing3		Total
Commercial loans:
Commercial & industrial1		$47,366		$74		$66		$479		$47,985
Commercial real estate	4,979		9		1		341		5,330
Commercial construction	1,004		1		—		385		1,390
Total commercial loans	53,349		84		67		1,205		54,705
Residential loans:
Residential mortgages - guaranteed	3,237		179		1,033		—		4,449
Residential mortgages - nonguaranteed2	21,728		342		30		1,417		23,517
Home equity products	15,417		223		—		340		15,980
Residential construction	771		22		3		250		1,046
Total residential loans	41,153		766		1,066		2,007		44,992
Consumer loans:
Guaranteed student loans	4,245		413		675		—		5,333
Other direct	1,918		15		5		7		1,945
Indirect	9,919		60		4		20		10,003
Credit cards	482		8		7		—		497
Total consumer loans	16,564		496		691		27		17,778
Total LHFI		$111,066		$1,346		$1,824		$3,239		$117,475

¹Includes $3 million of loans carried at fair value.

²Includes $449 million of loans carried at fair value.

³Total nonaccruing loans past due 90 days or more totaled $2.5 billion. Nonaccruing loans past due fewer than 90 days include modified nonaccrual loans reported as TDRs.

	As of December 31, 2010
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing3		Total
Commercial loans:
Commercial & industrial1		$44,046		$111		$12		$584		$44,753
Commercial real estate	5,794		27		4		342		6,167
Commercial construction	1,595		11		1		961		2,568
Total commercial loans	51,435		149		17		1,887		53,488
Residential loans:
Residential mortgages - guaranteed	3,469		167		884		—		4,520
Residential mortgages - nonguaranteed2	21,916		456		44		1,543		23,959
Home equity products	16,162		234		—		355		16,751
Residential construction	953		42		6		290		1,291
Total residential loans	42,500		899		934		2,188		46,521
Consumer loans:
Guaranteed student loans	3,281		383		596		—		4,260
Other direct	1,692		15		5		10		1,722
Indirect	9,400		74		—		25		9,499
Credit cards	460		12		13		—		485
Total consumer loans	14,833		484		614		35		15,966
Total LHFI		$108,768		$1,532		$1,565		$4,110		$115,975

¹Includes $4 million of loans carried at fair value.

²Includes $488 million of loans carried at fair value.

³Total nonaccruing loans past due 90 days or more totaled $3.3 billion. Nonaccruing loans past due fewer than 90 days include TDRs.

LHFI Considered Impaired

	As of September 30, 2011						For the Three Months Ended September 30, 2011				For the Nine Months Ended September 30, 2011
(Dollars in millions)	Unpaid Principal   Balance		Amortized   Cost1		Related Allowance		Average Amortized   Cost		Interest Income Recognized2		Average Amortized   Cost		Interest Income Recognized2
Impaired loans with no related allowance recorded:
Commercial loans:
Commercial & industrial		$97		$96		$—		$96		$1		$101		$1
Commercial real estate	89		85		—		81		1		69		2
Commercial construction	93		91		—		74		—		92		—
Total commercial loans	279		272		—		251		2		262		3
Impaired loans with an allowance recorded:
Commercial loans:
Commercial & industrial	123		118		21		109		1		123		1
Commercial real estate	129		123		27		120		—		131		1
Commercial construction	237		198		31		192		1		301		2
Total commercial loans	489		439		79		421		2		555		4
Residential loans:
Residential mortgages - nonguaranteed	2,848		2,462		278		2,471		22		2,462		66
Home equity products	544		508		95		496		7		464		17
Residential construction	253		213		25		196		2		196		5
Total residential loans	3,645		3,183		398		3,163		31		3,122		88
Consumer loans:
Other direct	12		12		2		12		—		12		—
Total impaired loans		$4,425		$3,906		$479		$3,847		$35		$3,951		$95

¹Amortized cost reflects charge-offs that have been recognized plus other amounts that have been applied to reduce the net book balance.

²Of the interest income recognized for the three and nine months ended September 30, 2011, cash basis interest income was $6 million and $19 million, respectively.

	As of December 31, 2010
(Dollars in millions)	Unpaid Principal     Balance		Amortized     Cost1		Related Allowance
Impaired loans with no related allowance recorded:
Commercial loans:
Commercial & industrial		$86		$67		$—
Commercial real estate	110		86		—
Commercial construction	67		52		—
Total commercial loans	263		205		—
Impaired loans with an allowance recorded:
Commercial loans:
Commercial & industrial	123		96		18
Commercial real estate	103		81		19
Commercial construction	673		524		138
Total commercial loans	899		701		175
Residential loans:
Residential mortgages - nonguaranteed	2,785		2,467		309
Home equity products	503		503		93
Residential construction	226		196		26
Total residential loans	3,514		3,166		428
Consumer loans:
Other direct	11		11		2
Total impaired loans		$4,687		$4,083		$605

¹Amortized cost reflects charge-offs that have been recognized plus other amounts that have been applied to reduce net book balance.

Nonperforming Assets

(Dollars in millions)	September 30, 2011		December 31, 2010
Nonaccrual/NPLs:
Commercial loans:
Commercial & industrial1		$479		$584
Commercial real estate	341		342
Commercial construction	385		961
Residential loans:
Residential mortgages - nonguaranteed2	1,417		1,543
Home equity products	340		355
Residential construction	250		290
Consumer loans:
Other direct	7		10
Indirect	20		25
Total nonaccrual/NPLs	3,239		4,110
OREO3	509		596
Other repossessed assets	15		52
Total nonperforming assets		$3,763		$4,758

¹Includes $3 million and $4 million of loans carried at fair value at September 30, 2011 and December 31, 2010, respectively.

²Includes $23 million and $24 million of loans carried at fair value at September 30, 2011 and December 31, 2010 respectively.

³Does not include foreclosed real estate related to loans insured by the FHA or the VA. Proceeds due from the FHA and the VA are recorded as a receivable in other assets until the funds are received and the property is conveyed. The receivable amount related to proceeds due from the FHA or the VA totaled $134 million and $195 million at September 30, 2011 and December 31, 2010, respectively.

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Three Months Ended September 30, 2011
				Principal Forgiveness
	Number of	Rate Modification		and
(Dollars in millions)	Loans Modified	and/or Term Extension1		Other Concessions2		Total
Commercial loans:
Commercial & industrial	208		$51		$—		$51
Commercial real estate	9	14		2		16
Commercial construction	11	56		9		65
Residential loans:
Residential mortgages	304	61		—		61
Home equity products	569	42		—		42
Residential construction	266	35		—		35
Consumer loans:
Other direct	7	—		—		—
Credit cards	716	4		—		4
Total TDRs	2,090		$263		$11		$274

¹For these loans, borrowers received either a modification of the loan's contractual interest rate, an extension of the loan's contractual maturity date, or both. The financial effect of modifying the interest rate on the loans modified as a TDR was immaterial to the financial statements during the three months ended September 30, 2011.

²Restructured loans which had forgiveness of amounts contractually due under the terms of the loan typically have multiple concessions including rate modifications and/or term extensions. The total amount of charge-offs associated with principal forgiveness for the Commercial segment during the three months ended September 30, 2011 was $3 million, substantially all of which related to Commercial construction. There was no principal forgiveness for Residential or Consumer loans during the three months ended September 30, 2011.

	Nine Months Ended September 30, 2011
				Principal Forgiveness
	Number of	Rate Modification		and
(Dollars in millions)	Loans Modified	and/or Term Extension1		Other Concessions2		Total
Commercial loans:
Commercial & industrial	382		$80		$26		$106
Commercial real estate	34	43		18		61
Commercial construction	57	80		22		102
Residential loans:
Residential mortgages	851	215		2		217
Home equity products	1,308	104		—		104
Residential construction	317	45		—		45
Consumer loans:
Other direct	61	3		—		3
Credit cards	1,937	11		—		11
Total TDRs	4,947		$581		$68		$649

¹For these loans, borrowers received either a modification of the loan's contractual interest rate, an extension of the loan's contractual maturity date, or both. The financial effect of modifying the interest rate on the loans modified as a TDR was immaterial to the financial statements during the nine months ended September 30, 2011.

²Restructured loans which had forgiveness of amounts contractually due under the terms of the loan typically have multiple concessions including rate modifications and/or term extensions. The total amount of charge-offs associated with principal forgiveness for the Commercial segment during the nine months ended September 30, 2011 was $6 million, substantially all of which related to Commercial construction. There was no principal forgiveness for Residential or Consumer loans during the nine months ended September 30, 2011.

TroubledDebtRestructuingDefault [Table Text Block]

	Three Months Ended September 30, 20111			Nine Months Ended September 30, 20112
(Dollars in millions)	Number of Loans	Amortized Cost		Number of Loans	Amortized Cost
Commercial loans:
Commercial & industrial	23		$6	31		$8
Commercial real estate	5	21		8	21
Commercial construction	1	—		7	11
Residential loans:
Residential mortgages	60	19		230	66
Home equity products	60	6		108	10
Residential construction	6	1		24	3
Consumer loans:
Other direct	2	—		2	—
Credit cards	166	1		321	2
Total TDRs	323		$54	731		$121

¹For the three months ended September 30, 2011, this represents defaults on loans that were first modified between the periods July 1, 2010 and September 30, 2011.

²For the nine months ended September 30, 2011, this represents defaults on loans that were first modified between the periods January 1, 2010 and September 30, 2011.