Loans (Tables)

12 Months Ended

Dec. 31, 2012

Receivables [Abstract]

Composition of Loan Portfolio

(Dollars in millions)	2012		2011
Commercial loans:
Commercial & industrial		$54,048		$49,538
Commercial real estate	4,127		5,094
Commercial construction	713		1,240
Total commercial loans	58,888		55,872
Residential loans:
Residential mortgages - guaranteed	4,252		6,672
Residential mortgages - nonguaranteed1	23,389		23,243
Home equity products	14,805		15,765
Residential construction	753		980
Total residential loans	43,199		46,660
Consumer loans:
Guaranteed student loans	5,357		7,199
Other direct	2,396		2,059
Indirect	10,998		10,165
Credit cards	632		540
Total consumer loans	19,383		19,963
LHFI 2		$121,470		$122,495
LHFS		$3,399		$2,353

¹Includes $379 million and $431 million of loans carried at fair value at December 31, 2012 and 2011, respectively.

²Loans are presented net of unearned income, unamortized discounts and premiums, and net deferred loan costs of $639 million and $716 million at December 31, 2012 and 2011, respectively.

LHFI by Credit Quality Indicator

	Commercial Loans
	Commercial & industrial				Commercial real estate				Commercial construction
(Dollars in millions)	December 31, 2012		December 31, 2011		December 31, 2012		December 31, 2011		December 31, 2012		December 31, 2011
Credit rating:
Pass		$52,292		$47,683		$3,564		$3,845		$506		$581
Criticized accruing	1,562		1,507		497		961		173		369
Criticized nonaccruing	194		348		66		288		34		290
Total		$54,048		$49,538		$4,127		$5,094		$713		$1,240

	Residential Loans 1
	Residential mortgages - nonguaranteed				Home equity products				Residential construction
(Dollars in millions)	December 31, 2012		December 31, 2011		December 31, 2012		December 31, 2011		December 31, 2012		December 31, 2011
Current FICO score range:
700 and above		$17,410		$16,139		$11,339		$11,084		$561		$661
620 - 699	3,850		4,132		2,297		2,903		123		202
Below 6202	2,129		2,972		1,169		1,778		69		117
Total		$23,389		$23,243		$14,805		$15,765		$753		$980

	Consumer Loans 3
	Other direct				Indirect				Credit cards
(Dollars in millions)	December 31, 2012		December 31, 2011		December 31, 2012		December 31, 2011		December 31, 2012		December 31, 2011
Current FICO score range:
700 and above		$1,980		$1,614		$8,300		$7,397		$435		$347
620 - 699	350		359		2,038		1,990		152		142
Below 6202	66		86		660		778		45		51
Total		$2,396		$2,059		$10,998		$10,165		$632		$540

¹Excludes $4.3 billion and $6.7 billion at December 31, 2012 and 2011, respectively, of guaranteed residential loans. At both December 31, 2012 and 2011, the majority of these loans had FICO scores of 700 and above.

²For 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.

³Excludes $5.4 billion and $7.2 billion at December 31, 2012 and 2011, respectively, of guaranteed student loans.

Payment Status for the LHFI Portfolio

	2012
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing 2		Total
Commercial loans:
Commercial & industrial		$53,747		$81		$26		$194		$54,048
Commercial real estate	4,050		11		—		66		4,127
Commercial construction	679		—		—		34		713
Total commercial loans	58,476		92		26		294		58,888
Residential loans:
Residential mortgages - guaranteed	3,523		39		690		—		4,252
Residential mortgages - nonguaranteed1	22,401		192		21		775		23,389
Home equity products	14,314		149		1		341		14,805
Residential construction	625		15		1		112		753
Total residential loans	40,863		395		713		1,228		43,199
Consumer loans:
Guaranteed student loans	4,769		556		32		—		5,357
Other direct	2,372		15		3		6		2,396
Indirect	10,909		68		2		19		10,998
Credit cards	619		7		6		—		632
Total consumer loans	18,669		646		43		25		19,383
Total LHFI		$118,008		$1,133		$782		$1,547		$121,470

¹Includes $379 million of loans carried at fair value, the majority of which were accruing current.

²Total nonaccruing loans past due 90 days or more totaled $975 million. Nonaccruing loans past due fewer than 90 days include modified nonaccrual loans reported as TDRs.

	2011
(Dollars in millions)	Accruing Current		Accruing 30-89 Days Past Due		Accruing 90+ Days Past Due		Nonaccruing 2		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, the majority of which were accruing current.

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.

LHFI Considered Impaired

	As of December 31, 2012						Year Ended December 31, 2012
(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		$59		$40		$—		$48		$1
Commercial real estate	6		5		—		9		—
Commercial construction	45		45		—		45		1
Total commercial loans	110		90		—		102		2
Impaired loans with an allowance recorded:
Commercial loans:
Commercial & industrial	46		38		6		51		1
Commercial real estate	15		7		1		9		—
Commercial construction	5		3		—		4		—
Total commercial loans	66		48		7		64		1
Residential loans:
Residential mortgages - nonguaranteed	2,346		2,046		234		2,063		83
Home equity products	661		612		88		627		26
Residential construction	259		201		26		209		10
Total residential loans	3,266		2,859		348		2,899		119
Consumer loans:
Other direct	14		14		2		15		1
Indirect	46		46		2		50		2
Credit cards	21		21		5		24		2
Total consumer loans	81		81		9		89		5
Total impaired loans		$3,523		$3,078		$364		$3,154		$127

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, 2012, cash basis interest income was $18 million.

	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 net book balance.

²Of the interest income recognized for the year ended December 31, 2011, cash basis interest income was $25 million.

Nonperforming Assets

(Dollars in millions)	2012		2011
Nonaccrual/NPLs:
Commercial loans:
Commercial & industrial		$194		$348
Commercial real estate	66		288
Commercial construction	34		290
Residential loans:
Residential mortgages - nonguaranteed	775		1,392
Home equity products	341		338
Residential construction	112		220
Consumer loans:
Other direct	6		7
Indirect	19		20
Total nonaccrual/NPLs	1,547		2,903
OREO1	264		479
Other repossessed assets	9		10
Nonperforming LHFS	37		—
Total nonperforming assets		$1,857		$3,392

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 $140 million and $132 million at December 31, 2012 and 2011, respectively.

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	20121
(Dollars in millions)	Number of Loans Modified	Principal  Forgiveness 2		Rate  Modification 3		Term Extension and/or Other Concessions 4		Total
Commercial loans:
Commercial & industrial	358		$5		$4		$23		$32
Commercial real estate	33	20		7		6		33
Commercial construction	16	4		—		14		18
Residential loans:
Residential mortgages - nonguaranteed	2,804	—		72		125		197
Home equity products	3,790	—		110		91		201
Residential construction	564	—		1		73		74
Consumer loans:
Other direct	127	—		—		4		4
Indirect	2,803	—		—		49		49
Credit cards	1,421	—		8		—		8
Total TDRs	11,916		$29		$202		$385		$616

¹Includes loans modified under the terms of a TDR that were charged-off during the period.

²Restructured 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 during the year ended December 31, 2012 was $9 million.

³Restructured 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, 2012.

⁴ Approximately 4,231 of the residential loans, with an amortized cost of $201 million as of December 31, 2012, relate to loans discharged in Chapter 7 bankruptcy that were reclassified as TDRs during 2012.

	20111
(Dollars in millions)	Number of Loans Modified	Principal  Forgiveness 2		Rate  Modification 3		Term Extension and/or Other Concessions		Total
Commercial loans:
Commercial & industrial	510		$28		$45		$55		$128
Commercial real estate	43	40		26		22		88
Commercial construction	102	38		8		97		143
Residential loans:
Residential mortgages - nonguaranteed	967	—		233		16		249
Home equity products	1,737	—		134		6		140
Residential construction	367	—		17		36		53
Consumer loans:
Other direct	78	—		1		3		4
Credit cards	2,468	—		14		—		14
Total TDRs	6,272		$106		$478		$235		$819

¹Includes loans modified under the terms of a TDR that were charged-off during the period.

²Restructured 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 during the year ended December 31, 2011 was $17 million.

³Restructured 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]

	Year Ended December 31, 2012 1
(Dollars in millions)	Number of Loans	Amortized Cost
Commercial loans:
Commercial & industrial	84		$5
Commercial real estate	9	5
Commercial construction	10	7
Residential loans:
Residential mortgages	141	20
Home equity products	164	11
Residential construction	24	3
Consumer loans:
Other direct	4	—
Indirect	43	—
Credit cards	204	1
Total TDRs	683		$52

¹For the year ended December 31, 2012, this represents defaults on loans that were first modified between the periods January 1, 2011 and December 31, 2012, including loans modified under the terms of a TDR that were charged-off during the periods.

	Year Ended December 31, 2011 1
(Dollars in millions)	Number of Loans	Amortized Cost
Commercial loans:
Commercial & industrial	71		$14
Commercial real estate	14	22
Commercial construction	32	28
Residential loans:
Residential mortgages	455	108
Home equity products	220	22
Residential construction	33	7
Consumer loans:
Other direct	10	—
Credit cards	403	3
Total TDRs	1,238		$204

¹For the year ended December 31, 2011, this represents defaults on loans that were first modified between the periods January 1, 2010 and December 31, 2011, including loans modified under the terms of a TDR that were charged-off during the periods.