Certain Transfers of Financial Assets and Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2019

Certain Transfers of Financial Assets and Variable Interest Entities [Abstract]

Community Development Tax Credits and Amortization [Table Text Block]

The following table presents tax credits and amortization associated with the Company’s investments in community development investments:

	Tax Credits								Amortization
	Three Months Ended September 30				Nine Months Ended September 30				Three Months Ended September 30				Nine Months Ended September 30
(Dollars in millions)	2019		2018		2019		2018		2019		2018		2019		2018
Qualified affordable housing partnerships		$33		$28		$98		$87		$35		$29		$103		$92
Other community development investments	25		23		64		62		21		19		53		49

Quantitative Information about Transferred Financial Assets that have been Derecognized and Other Financial Assets Managed Together [Table Text Block]

The Company's total managed loans, including the LHFI portfolio and other transferred loans (securitized and unsecuritized), are presented in the following table by portfolio balance and delinquency status (accruing loans 90 days or more past due and all nonaccrual loans) at September 30, 2019 and December 31, 2018, as well as the related net charge-offs for the three and nine months ended September 30, 2019 and 2018.

	Portfolio Balance				Past Due and Nonaccrual				Net Charge-offs
	September 30, 2019		December 31, 2018		September 30, 2019		December 31, 2018		Three Months Ended September 30						Nine Months Ended September 30
(Dollars in millions)									2019			2018			2019			2018
LHFI portfolio:
Commercial		$85,007		$80,940		$366		$175		$30			$42			$74			$76
Consumer	73,448		70,899		1,627		2,003		82			46			220			164
Total LHFI portfolio	158,455		151,839		1,993		2,178		112			88			294			240
Managed securitized loans:
Commercial 1	7,391		6,399		7		—		—			—			—			—
Consumer	134,515		139,809		114		146		—		2	1		2	1		2	5		2
Total managed securitized loans	141,906		146,208		121		146		—			1			1			5
Managed unsecuritized loans 3	514		1,134		61		152		—			—			—			—
Total managed loans		$300,875		$299,181		$2,175		$2,476		$112			$89			$295			$245

¹ Comprised of commercial mortgages sold through Fannie Mae, Freddie Mac, and Ginnie Mae securitizations, whereby servicing has been retained by the Company.

² Amounts associated with $212 million and $387 million of managed securitized loans at September 30, 2019 and December 31, 2018, respectively. Net charge-off data is not reported to the Company for the remaining balance of $134.3 billion and $139.4 billion of managed securitized loans at September 30, 2019 and December 31, 2018, respectively.

³ Comprised of unsecuritized loans the Company originated and sold to private investors with servicing rights retained. Net charge-offs on these loans are not presented in the table as the data is not reported to the Company by the private investors that own these related loans.

Tax Credit Variable Interest Entities [Table Text Block]

The following table presents information related to the Company's investments in tax credit VIEs that it does not consolidate:

	Community Development Investments				Renewable Energy Partnerships
(Dollars in millions)	September 30, 2019		December 31, 2018		September 30, 2019		December 31, 2018
Carrying value of investments 1		$1,943		$1,636		$55		$86
Maximum exposure to loss related to investments 2	2,379		2,207		241		138

¹ At September 30, 2019 and December 31, 2018, the carrying value of community development investments excludes $67 million and $68 million of investments in funds that do not qualify for tax credits, respectively.

² At September 30, 2019 and December 31, 2018, the Company's maximum exposure to loss related to community development investments includes $470 million and $422 million of loans and $593 million and $639 million of unfunded equity commitments, respectively. At September 30, 2019 and December 31, 2018, the Company's maximum exposure to loss related to renewable energy partnerships includes $186 million and $52 million of unfunded equity commitments, respectively.