Loans (Tables)

12 Months Ended

Dec. 31, 2011

Receivables [Abstract]

Composition of Loan Portfolio

(Dollars in millions)	2011		2010
Commercial loans:
Commercial & industrial		$49,538		$44,753
Commercial real estate	5,094		6,167
Commercial construction	1,240		2,568
Total commercial loans	55,872		53,488
Residential loans:
Residential mortgages - guaranteed	6,672		4,520
Residential mortgages - nonguaranteed1	23,243		23,959
Home equity products	15,765		16,751
Residential construction	980		1,291
Total residential loans	46,660		46,521
Consumer loans:
Guaranteed student loans	7,199		4,260
Other direct	2,059		1,722
Indirect	10,165		9,499
Credit cards	540		485
Total consumer loans	19,963		15,966
LHFI		$122,495		$115,975
LHFS		$2,353		$3,501

¹Includes $431 million and $488 million of loans carried at fair value at December 31, 2011 and 2010, respectively.

LHFI by Credit Quality Indicator

	Commercial & industrial				Commercial real estate				Commercial construction
(Dollars in millions)	2011		2010		2011		2010		2011		2010
Credit rating:
Pass		$47,683		$42,140		$3,845		$4,316		$581		$836
Criticized accruing	1,507		2,029		961		1,509		369		771
Criticized nonaccruing	348		584		288		342		290		961
Total		$49,538		$44,753		$5,094		$6,167		$1,240		$2,568

	Residential mortgages  -    nonguaranteed 2				Home equity products				Residential construction
(Dollars in millions)	2011		2010		2011		2010		2011		2010
Current FICO score range:
700 and above		$16,139		$15,920		$11,084		$11,673		$661		$828
620 - 699	4,132		4,457		2,903		2,897		202		258
Below 6201	2,972		3,582		1,778		2,181		117		205
Total		$23,243		$23,959		$15,765		$16,751		$980		$1,291

	Consumer  - other direct 3				Consumer - indirect				Consumer - credit cards
(Dollars in millions)	2011		2010		2011		2010		2011		2010
Current FICO score range:
700 and above		$1,251		$973		$7,397		$6,780		$347		$258
620 - 699	273		231		1,990		1,799		142		149
Below 6201	86		105		778		920		51		78
Total		$1,610		$1,309		$10,165		$9,499		$540		$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 $6.7 billion and $4.5 billion at December 31, 2011 and 2010, respectively, of guaranteed residential loans. At both December 31, 2011 and 2010, the majority of these loans had FICO scores of 700 and above.

³Excludes $449 million and $413 million as of December 31, 2011 and 2010, respectively, of private-label student loans with third party insurance. At December 31, 2011 and 2010, the majority of these loans had FICO scores of 700 and above.

Payment Status for the LHFI Portfolio

	2011
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing2		Total
Commercial loans:
Commercial & industrial		$49,098		$80		$12		$348		$49,538
Commercial real estate	4,797		9		—		288		5,094
Commercial construction	943		7		—		290		1,240
Total commercial loans	54,838		96		12		926		55,872
Residential loans:
Residential mortgages - guaranteed	5,394		176		1,102		—		6,672
Residential mortgages - nonguaranteed1	21,501		324		26		1,392		23,243
Home equity products	15,223		204		—		338		15,765
Residential construction	737		22		1		220		980
Total residential loans	42,855		726		1,129		1,950		46,660
Consumer loans:
Guaranteed student loans	5,690		640		869		—		7,199
Other direct	2,032		14		6		7		2,059
Indirect	10,074		66		5		20		10,165
Credit cards	526		7		7		—		540
Total consumer loans	18,322		727		887		27		19,963
Total LHFI		$116,015		$1,549		$2,028		$2,903		$122,495

¹Includes $431 million of loans carried at fair value.

²Total nonaccruing loans past due 90 days or more totaled $2.3 billion. Nonaccruing loans past due fewer than 90 days include modified nonaccrual loans reported as TDRs.

	2010
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing2		Total
Commercial loans:
Commercial & industrial		$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 - nonguaranteed1	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 $488 million of loans carried at fair value.

²Total nonaccruing loans past due 90 days or more totaled $3.3 billion. Nonaccruing loans past due fewer than 90 days include modified nonaccrual loans reported as TDRs.

LHFI Considered Impaired

	As of December 31, 2011						Year Ended December 31, 2011
(Dollars in millions)	Unpaid Principal   Balance		Amortized   Cost1		Related Allowance		Average Amortized   Cost		Interest Income Recognized2
Impaired loans with no related allowance recorded:
Commercial loans:
Commercial & industrial		$93		$73		$—		$109		$3
Commercial real estate	58		50		—		56		1
Commercial construction	45		40		—		47		1
Total commercial loans	196		163		—		212		5
Impaired loans with an allowance recorded:
Commercial loans:
Commercial & industrial	76		67		9		68		1
Commercial real estate	111		82		15		103		2
Commercial construction	132		100		10		121		2
Total commercial loans	319		249		34		292		5
Residential loans:
Residential mortgages - nonguaranteed	2,797		2,405		293		2,451		88
Home equity products	553		515		86		528		23
Residential construction	246		221		26		229		8
Total residential loans	3,596		3,141		405		3,208		119
Consumer loans:
Other direct	12		12		1		13		1
Credit cards	27		27		8		26		2
Total consumer loans	39		39		9		39		3
Total impaired loans		$4,150		$3,592		$448		$3,751		$132

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 year ended December 31, 2011, cash basis interest income was $25 million.

	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)	2011		2010
Nonaccrual/NPLs:
Commercial loans:
Commercial & industrial		$348		$584
Commercial real estate	288		342
Commercial construction	290		961
Residential loans:
Residential mortgages - nonguaranteed	1,392		1,543
Home equity products	338		355
Residential construction	220		290
Consumer loans:
Other direct	7		10
Indirect	20		25
Total nonaccrual/NPLs	2,903		4,110
OREO1	479		596
Other repossessed assets	10		52
Total nonperforming assets		$3,392		$4,758

¹Does 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 $132 million and $195 million at December 31, 2011 and 2010, respectively.

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

(Dollars in millions)	Number of Loans Modified	Principal Forgiveness1		Rate Modification2		Term Extension and/or Other Concessions		Total
Commercial loans:
Commercial & industrial	466		$26		$28		$47		$101
Commercial real estate	40	35		25		14		74
Commercial construction	49	20		8		77		105
Residential loans:
Residential mortgages - nonguaranteed	1,018	—		238		26		264
Home equity products	1,701	—		130		6		136
Residential construction	421	—		16		46		62
Consumer loans:
Other direct	80	—		—		4		4
Credit cards	2,336	—		13		—		13
Total TDRs	6,111		$81		$458		$220		$759

¹Restructured loans which had forgiveness of amounts contractually due under the terms of the loan typically have had 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 year ended December 31, 2011 was $14 million, substantially all of which related to Commercial construction. There was no principal forgiveness for Residential or Consumer loans during the year ended December 31, 2011.

²Restructured loans which had a modification of the loan's contractual interest rate may also have had an extension of the loan's contractual maturity date and/or other concessions. The financial effect of modifying the interest rate on the loans modified as a TDR was immaterial to the financial statements during the year ended December 31, 2011.

TroubledDebtRestructuingDefault [Table Text Block]

(Dollars in millions)	Number of Loans	Amortized Cost
Commercial loans:
Commercial & industrial	51		$10
Commercial real estate	10	17
Commercial construction	23	15
Residential loans:
Residential mortgages	271	75
Home equity products	127	13
Residential construction	25	3
Consumer loans:
Other direct	2	—
Credit cards	377	3
Total TDRs	886		$136