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Loans (Tables)
 12 Months Ended
Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Components of Loans
Loans consisted of the following:
At December 31,20232022
 (in millions)
Commercial loans:
Real estate, including construction$7,087 $7,963 
Business and corporate banking15,724 16,075 
Global banking(1)
10,725 10,578 
Other commercial:
Affiliates(2)
2,618 3,557 
Other3,803 3,644 
Total other commercial6,421 7,201 
Total commercial39,957 41,817 
Consumer loans:
Residential mortgages18,341 16,838 
Home equity mortgages389 370 
Credit cards199 213 
Other consumer(3)
101 142 
Total consumer19,030 17,563 
Total loans$58,987 $59,380 
(1)Represents large multinational firms including globally focused U.S. corporate and financial institutions, U.S. dollar lending to multinational banking clients managed by HSBC on a global basis and complex large business clients supported by Global Banking and Markets relationship managers.
(2)See Note 24, "Related Party Transactions," for additional information regarding loans to HSBC affiliates.
(3)Includes certain student loans that we have elected to designate under the fair value option and are therefore carried at fair value, which totaled $15 million and $20 million at December 31, 2023 and 2022, respectively. See Note 17, "Fair Value Option," for further details.
Summary of Past Due Status of Loans The following table summarizes the past due status of our loans at December 31, 2023 and 2022. The aging of past due amounts is determined based on the contractual delinquency status of payments under the loan. An account is generally considered to be contractually delinquent when payments have not been made in accordance with the loan terms. Delinquency status is affected by customer account management policies and practices such as re-age, which results in the re-setting of the contractual delinquency status to current.
 Past DueTotal Past Due 30 Days or More  
30 - 89 Days90+ Days
Current(1)
Total Loans
 (in millions)
At December 31, 2023
Commercial loans:
Real estate, including construction$— $206 $206 $6,881 $7,087 
Business and corporate banking
1 3 4 15,720 15,724 
Global banking— 1 1 10,724 10,725 
Other commercial350 — 350 6,071 6,421 
Total commercial351 210 561 39,396 39,957 
Consumer loans:
Residential mortgages174 91 265 18,076 18,341 
Home equity mortgages12 3 15 374 389 
Credit cards3 3 6 193 199 
Other consumer3 2 5 96 101 
Total consumer192 99 291 18,739 19,030 
Total loans$543 $309 $852 $58,135 $58,987 
At December 31, 2022
Commercial loans:
Real estate, including construction$27 $1 $28 $7,935 $7,963 
Business and corporate banking
13 23 36 16,039 16,075 
Global banking— 8 8 10,570 10,578 
Other commercial464 — 464 6,737 7,201 
Total commercial504 32 536 41,281 41,817 
Consumer loans:
Residential mortgages
180 105 285 16,553 16,838 
Home equity mortgages2 3 5 365 370 
Credit cards2 2 4 209 213 
Other consumer2 1 3 139 142 
Total consumer186 111 297 17,266 17,563 
Total loans$690 $143 $833 $58,547 $59,380 
(1)Loans less than 30 days past due are presented as current.
Contractual Maturities Of Loans Outstanding Contractual maturities of loans outstanding at December 31, 2023 were as follows:
  
20242025 - 20282029 - 2038ThereafterTotal
 (in millions)
Commercial loans:
Real estate, including construction$2,883 $4,040 $164 $— $7,087 
Business and corporate banking6,398 8,963 363 — 15,724 
Global banking4,364 6,113 248 — 10,725 
Other commercial2,612 3,661 148 — 6,421 
Consumer loans:
Residential mortgages57 129 474 17,681 18,341 
Home equity mortgages(1)
145 196 39 9 389 
Credit cards(2)
— 199 — — 199 
Other consumer73 27 1 — 101 
Total$16,532 $23,328 $1,437 $17,690 $58,987 
(1)Home equity mortgage maturities reflect estimates based on historical payment patterns.
(2)As credit card receivables do not have stated maturities, the table reflects an average estimate based on historical payment patterns.
Contractual Maturities Of Loans Outstanding By Repricing Characteristic The following table summarizes loans outstanding at December 31, 2023 due after one year by repricing characteristic:
December 31, 2023Receivables at Predetermined Interest RatesReceivables at Floating or Adjustable RatesTotal Loans Due After One Year
 (in millions)
Commercial loans:
Real estate, including construction$141 $4,063 $4,204 
Business and corporate banking312 9,014 9,326 
Global banking213 6,148 6,361 
Other commercial128 3,681 3,809 
Consumer loans:
Residential mortgages5,471 12,813 18,284 
Home equity mortgages14 230 244 
Credit cards— 199 199 
Other consumer— 28 28 
Total$6,279 $36,176 $42,455 
Summary of Nonaccrual Loans and Accruing Receivables 90 Days or More Delinquent Nonperforming loans, including nonaccrual loans and accruing loans contractually 90 days or more past due, consisted of the following:
Nonaccrual LoansAccruing Loans Contractually Past Due 90 Days or MoreNonaccrual Loans With No Allowance For Credit Losses
 (in millions)
At December 31, 2023
Commercial loans:
Real estate, including construction$229 $— $40 
Business and corporate banking143 1 29 
Global banking49 — 48 
Other commercial3 — 2 
Total commercial424 1 119 
Consumer loans:
Residential mortgages(1)(2)(3)
172 — 81 
Home equity mortgages(1)(2)
6 — 5 
Credit cards— 3 — 
Other consumer— 2 — 
Total consumer178 5 86 
Total nonperforming loans$602 $6 $205 
At December 31, 2022
Commercial loans:
Real estate, including construction$45 $— $43 
Business and corporate banking116 1 62 
Global banking54 — 40 
Total commercial215 1 145 
Consumer loans:
Residential mortgages(1)(2)(3)
213 — 79 
Home equity mortgages(1)(2)
7 — 5 
Credit cards— 2 — 
Other consumer— 1 — 
Total consumer220 3 84 
Total nonperforming loans$435 $4 $229 
(1)At December 31, 2023 and 2022, nonaccrual consumer mortgage loans include $108 million and $109 million, respectively, of loans that are carried at the lower of amortized cost or fair value of the collateral less cost to sell.
(2)Nonaccrual consumer mortgage loans include all loans which are 90 or more days contractually delinquent as well as loans discharged under Chapter 7 bankruptcy and not re-affirmed and second lien loans where the first lien loan that we own or service is 90 or more days contractually delinquent.
(3)Nonaccrual consumer mortgage loans for all periods does not include guaranteed loans purchased from the Government National Mortgage Association. Repayment of these loans is predominantly insured by the Federal Housing Administration and as such, these loans have different risk characteristics from the rest of our consumer loan portfolio.
Summary of Modified Loans
The following table presents information about loan payment modifications made to borrowers experiencing financial difficulty during 2023 by type of modification, including the period-end carrying value and as a percentage of total loans:
Interest Rate ReductionPrincipal ForgivenessTerm Extension / Significant Payment Deferral
Combination(1)
Total% of Total Loans
(dollars are in millions)
Year Ended December 31, 2023
Commercial loans:
Real estate, including construction$— $— $168 $— $168 2.4 %
Business and corporate banking(2)
— — 211 187 398 2.5 
Global banking21 — 29 — 50 .5 
Total commercial21 — 408 187 616 1.5 
Consumer loans:
Residential mortgages(3)
— — 10 2 12 .1 
Total consumer— — 10 2 12 .1 
Total$21 $— $418 $189 $628 1.1 
(1)Represents loans with more than one type of payment modification during the period.
(2)Not included in the table during 2023 was a $32 million corporate banking loan that was provided with a term extension and was subsequently charged-off within the same quarter.
(3)During 2023, the carrying value of consumer mortgage loans with a payment modification included loans that were recorded at the lower of amortized cost or fair value of the collateral less cost to sell.
The following table summarizes the financial effect of loan payment modifications made to borrowers experiencing financial difficulty during 2023 by type of modification:
Weighted-Average Interest Rate ReductionPrincipal Forgiven
(in millions)		Weighted-Average Term Extension / Payment Deferral
(in years)
Year Ended December 31, 2023
Commercial loans:
Real estate, including construction— %$— 0.3
Business and corporate banking.5 2 1.5
Global banking— — 1.6
Consumer loans:
Residential mortgages3.9 — 1.7
The following table presents loans to borrowers experiencing financial difficulty with a payment modification during the previous 12 months which subsequently became 90 days or greater contractually delinquent during 2023 by type of modification:
Interest Rate ReductionPrincipal ForgivenessTerm Extension / Significant Payment Deferral
Combination(1)
Total
(in millions)
Year Ended December 31, 2023
Commercial loans:
Real estate, including construction$— $— $166 $— $166 
Total commercial$— $— $166 $— $166 
(1)Represents loans with more than one type of payment modification during the period.
The following table summarizes our TDR Loans at December 31, 2022:
December 31, 2022
 (in millions)
Commercial loans:
Business and corporate banking$382 
Global banking6 
Total commercial(1)
388 
Consumer loans:
Residential mortgages(2)
136 
Home equity mortgages(2)
12 
Credit cards2 
Total consumer150 
Total TDR Loans(3)
$538 
(1)Additional commitments to lend to commercial borrowers whose loans have been modified in TDR Loans totaled $38 million at December 31, 2022.
(2)At December 31, 2022, the carrying value of consumer mortgage TDR Loans included $99 million of loans that were recorded at the lower of amortized cost or fair value of the collateral less cost to sell.
(3)At December 31, 2022, the carrying value of TDR Loans included $122 million of loans which were classified as nonaccrual.
Summary of Past Due Status of Loans with Payment Modification
The following table presents the past due status of loans to borrowers experiencing financial difficulty with a payment modification during the previous 12 months at December 31, 2023:
 Past Due  
30 - 89 Days90+ Days
Current(1)
Total
 (in millions)
At December 31, 2023
Commercial loans:
Real estate, including construction$— $166 $2 $168 
Business and corporate banking(2)
— — 398 398 
Global banking— — 50 50 
Total commercial— 166 450 616 
Consumer loans:
Residential mortgages— — 12 12 
Total consumer— — 12 12 
Total loans$— $166 $462 $628 
(1)Loans less than 30 days past due are presented as current.
(2)Not included in the table at December 31, 2023 was a $32 million corporate banking loan that was provided with a term extension and was subsequently charged-off within the same quarter.
Summary of Receivables which were Modified and as a Result became Classified as TDR Loans
The following table presents information about loans which were modified during 2022 and 2021 and as a result of this action became classified as TDR Loans:
Year Ended December 31,20222021
(in millions)
Commercial loans:
Business and corporate banking$439 $11 
Global banking3 15 
Total commercial442 26 
Consumer loans:
Residential mortgages20 36 
Home equity mortgages2 1 
Credit cards4 2 
Total consumer26 39 
Total$468 $65 
Loans Classified As TDR Loans In Previous 12 Months That Became 60 Days Or Greater Delinquent
The following table presents consumer loans which were classified as TDR Loans during the previous 12 months which subsequently became 60 days or greater contractually delinquent during the years ended December 31, 2022 and 2021:
Year Ended December 31,20222021
(in millions)
Consumer loans:
Residential mortgages$— $5 
Total consumer$— $5 
Commercial loans  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Summary of Criticized Commercial Loans
The following table summarizes our criticized commercial loans, including a disaggregation of the loans by year of origination as of December 31, 2023 and 2022:
20232022202120202019PriorRevolving
Loans		Revolving Loans Converted to Term LoansTotal at Dec. 31, 2023
 (in millions)
Real estate, including construction:
Special mention$— $40 $— $104 $92 $42 $3 $3 $284 
Substandard2 — — 1 — 821 — — 824 
Doubtful— — — — — 166 18 — 184 
Total real estate, including construction2 40 — 105 92 1,029 21 3 1,292 
Business and corporate banking:
Special mention38 103 12 4 20 126 296 8 607 
Substandard31 22 — 27 — 156 746 1 983 
Doubtful— — 36 — — 9 71 — 116 
Total business and corporate banking69 125 48 31 20 291 1,113 9 1,706 
Global banking:
Special mention— — — — — 45 62 — 107 
Substandard— 14 — — — 114 73 — 201 
Doubtful— 187 — — 14 — 1 — 202 
Total global banking— 201 — — 14 159 136 — 510 
Other commercial:
Special mention6 — — — — — — — 6 
Substandard38 — — — — — — — 38 
Doubtful— — — — — — 3 — 3 
Total other commercial44 — — — — — 3 — 47 
Total commercial$115 $366 $48 $136 $126 $1,479 $1,273 $12 $3,555 
Total commercial:
Special mention$44 $143 $12 $108 $112 $213 $361 $11 $1,004 
Substandard71 36 — 28 — 1,091 819 1 2,046 
Doubtful— 187 36 — 14 175 93 — 505 
Total commercial$115 $366 $48 $136 $126 $1,479 $1,273 $12 $3,555 
20222021202020192018PriorRevolving
Loans		Revolving Loans Converted to Term LoansTotal at Dec. 31, 2022
 (in millions)
Real estate, including construction:
Special mention$204 $— $22 $212 $27 $19 $63 $3 $550 
Substandard1 — 48 64 677 891 19 — 1,700 
Total real estate, including construction205 — 70 276 704 910 82 3 2,250 
Business and corporate banking:
Special mention1 — 16 1 34 116 182 — 350 
Substandard3 43 26 1 10 138 548 1 770 
Doubtful— — 9 — 15 — 24 4 52 
Total business and corporate banking4 43 51 2 59 254 754 5 1,172 
Global banking:
Special mention— — — — — 8 182 — 190 
Substandard232 — — 16 — 2 186 — 436 
Doubtful— — — — — — 15 — 15 
Total global banking232 — — 16 — 10 383 — 641 
Other commercial:
Substandard— — — — — — 7 — 7 
Doubtful31 — — — — — 7 — 38 
Total other commercial31 — — — — — 14 — 45 
Total commercial$472 $43 $121 $294 $763 $1,174 $1,233 $8 $4,108 
Total commercial:
Special mention$205 $— $38 $213 $61 $143 $427 $3 $1,090 
Substandard236 43 74 81 687 1,031 760 1 2,913 
Doubtful31 — 9 — 15 — 46 4 105 
Total commercial$472 $43 $121 $294 $763 $1,174 $1,233 $8 $4,108 
Summary of Nonperforming Status The following table summarizes the nonperforming status of our commercial loan portfolio, including a disaggregation of the loans by year of origination as of December 31, 2023 and 2022:
20232022202120202019PriorRevolving
Loans		Revolving Loans Converted to Term LoansTotal at Dec. 31, 2023
 (in millions)
Real estate, including construction:
Performing loans$920 $1,286 $1,019 $355 $1,014 $2,242 $19 $3 $6,858 
Nonaccrual loans— — — — 40 167 22 — 229 
Total real estate, including construction920 1,286 1,019 355 1,054 2,409 41 3 7,087 
Business and corporate banking:
Performing loans1,270 1,113 1,074 231 561 4,215 6,851 265 15,580 
Nonaccrual loans— 35 — — — 38 70 — 143 
Accruing loans contractually past due 90 days or more— — — — — — 1 — 1 
Total business and corporate banking1,270 1,148 1,074 231 561 4,253 6,922 265 15,724 
Global banking:
Performing loans2,255 1,153 844 151 321 3,561 2,341 50 10,676 
Nonaccrual loans— — — — — 39 10 — 49 
Total global banking2,255 1,153 844 151 321 3,600 2,351 50 10,725 
Other commercial:
Performing loans211 281 313 651 418 804 3,740 — 6,418 
Nonaccrual loans— — — — — 3 — — 3 
Total other commercial211 281 313 651 418 807 3,740 — 6,421 
Total commercial$4,656 $3,868 $3,250 $1,388 $2,354 $11,069 $13,054 $318 $39,957 
Total commercial:
Performing loans$4,656 $3,833 $3,250 $1,388 $2,314 $10,822 $12,951 $318 $39,532 
Nonaccrual loans— 35 — — 40 247 102 — 424 
Accruing loans contractually past due 90 days or more— — — — — — 1 — 1 
Total commercial$4,656 $3,868 $3,250 $1,388 $2,354 $11,069 $13,054 $318 $39,957 
20222021202020192018PriorRevolving
Loans		Revolving Loans Converted to Term LoansTotal at Dec. 31, 2022
 (in millions)
Real estate, including construction:
Performing loans$1,315 $854 $520 $1,671 $1,803 $1,710 $42 $3 $7,918 
Nonaccrual loans— — — 43 — 2 — — 45 
Total real estate, including construction1,315 854 520 1,714 1,803 1,712 42 3 7,963 
Business and corporate banking:
Performing loans1,107 828 443 815 292 4,995 7,275 203 15,958 
Nonaccrual loans9 — 32 — 16 24 31 4 116 
Accruing loans contractually past due 90 days or more— — — — — — 1 — 1 
Total business and corporate banking1,116 828 475 815 308 5,019 7,307 207 16,075 
Global banking:
Performing loans2,026 449 212 177 114 4,122 3,424 — 10,524 
Nonaccrual loans8 — — — — 30 16 — 54 
Total global banking2,034 449 212 177 114 4,152 3,440 — 10,578 
Other commercial:
Performing loans283 354 607 403 86 1,114 4,354 — 7,201 
Total other commercial283 354 607 403 86 1,114 4,354 — 7,201 
Total commercial$4,748 $2,485 $1,814 $3,109 $2,311 $11,997 $15,143 $210 $41,817 
Total commercial:
Performing loans$4,731 $2,485 $1,782 $3,066 $2,295 $11,941 $15,095 $206 $41,601 
Nonaccrual loans17 — 32 43 16 56 47 4 215 
Accruing loans contractually past due 90 days or more— — — — — — 1 — 1 
Total commercial$4,748 $2,485 $1,814 $3,109 $2,311 $11,997 $15,143 $210 $41,817 
Summary of Credit Quality Indicators The following table summarizes the credit risk profile of our commercial loan portfolio, including a disaggregation of the loans by year of origination as of December 31, 2023 and 2022:
20232022202120202019PriorRevolving
Loans		Revolving Loans Converted to Term LoansTotal at Dec. 31, 2023
 (in millions)
Real estate, including construction:
Investment grade$327 $100 $24 $187 $162 $939 $1 $— $1,740 
Non-investment grade593 1,186 995 168 892 1,470 40 3 5,347 
Total real estate, including construction920 1,286 1,019 355 1,054 2,409 41 3 7,087 
Business and corporate banking:
Investment grade732 304 543 95 261 1,977 3,311 54 7,277 
Non-investment grade538 844 531 136 300 2,276 3,611 211 8,447 
Total business and corporate banking1,270 1,148 1,074 231 561 4,253 6,922 265 15,724 
Global banking:
Investment grade1,947 1,109 651 149 307 2,842 2,140 — 9,145 
Non-investment grade308 44 193 2 14 758 211 50 1,580 
Total global banking2,255 1,153 844 151 321 3,600 2,351 50 10,725 
Other commercial:
Investment grade211 192 43 376 298 564 3,143 — 4,827 
Non-investment grade— 89 270 275 120 243 597 — 1,594 
Total other commercial211 281 313 651 418 807 3,740 — 6,421 
Total commercial$4,656 $3,868 $3,250 $1,388 $2,354 $11,069 $13,054 $318 $39,957 
Total commercial:
Investment grade$3,217 $1,705 $1,261 $807 $1,028 $6,322 $8,595 $54 $22,989 
Non-investment grade1,439 2,163 1,989 581 1,326 4,747 4,459 264 16,968 
Total commercial$4,656 $3,868 $3,250 $1,388 $2,354 $11,069 $13,054 $318 $39,957 
20222021202020192018PriorRevolving
Loans		Revolving Loans Converted to Term LoansTotal at Dec. 31, 2022
 (in millions)
Real estate, including construction:
Investment grade$80 $45 $305 $178 $783 $278 $— $— $1,669 
Non-investment grade1,235 809 215 1,536 1,020 1,434 42 3 6,294 
Total real estate, including construction1,315 854 520 1,714 1,803 1,712 42 3 7,963 
Business and corporate banking:
Investment grade491 484 122 444 71 2,758 3,657 21 8,048 
Non-investment grade625 344 353 371 237 2,261 3,650 186 8,027 
Total business and corporate banking1,116 828 475 815 308 5,019 7,307 207 16,075 
Global banking:
Investment grade1,814 449 212 146 84 2,911 3,006 — 8,622 
Non-investment grade220 — — 31 30 1,241 434 — 1,956 
Total global banking2,034 449 212 177 114 4,152 3,440 — 10,578 
Other commercial:
Investment grade267 77 518 81 74 935 4,110 — 6,062 
Non-investment grade16 277 89 322 12 179 244 — 1,139 
Total other commercial283 354 607 403 86 1,114 4,354 — 7,201 
Total commercial$4,748 $2,485 $1,814 $3,109 $2,311 $11,997 $15,143 $210 $41,817 
Total commercial:
Investment grade$2,652 $1,055 $1,157 $849 $1,012 $6,882 $10,773 $21 $24,401 
Non-investment grade2,096 1,430 657 2,260 1,299 5,115 4,370 189 17,416 
Total commercial$4,748 $2,485 $1,814 $3,109 $2,311 $11,997 $15,143 $210 $41,817 
The following table summarizes gross charge-off dollars in our commercial loan portfolio, disaggregated by year of origination, during 2023:
20232022202120202019PriorRevolving
Loans		Revolving Loans Converted to Term LoansTotal
 (in millions)
Business and corporate banking$— $— $17 $— $— $11 $20 $— $48 
Total commercial$— $— $17 $— $— $11 $20 $— $48 
Consumer loans  
Accounts, Notes, Loans and Financing Receivable [Line Items]  
Summary of Nonperforming Status The following table summarizes the nonperforming status of our consumer loan portfolio, including a disaggregation of the loans by year of origination as of December 31, 2023 and 2022:
20232022202120202019PriorRevolving
Loans		Total at Dec. 31, 2023
 (in millions)
Residential mortgages:
Performing loans$2,646 $2,753 $4,096 $2,761 $1,236 $4,677 $— $18,169 
Nonaccrual loans
— 11 11 9 8 133 — 172 
Total residential mortgages2,646 2,764 4,107 2,770 1,244 4,810 — 18,341 
Home equity mortgages:
Performing loans80 69 11 22 25 176 — 383 
Nonaccrual loans
— — — — — 6 — 6 
Total home equity mortgages80 69 11 22 25 182 — 389 
Credit cards:
Performing loans— — — — — — 196 196 
Accruing loans contractually past due 90 days or more
— — — — — — 3 3 
Total credit cards— — — — — — 199 199 
Other consumer:
Performing loans— 8 7 7 3 67 7 99 
Accruing loans contractually past due 90 days or more
— — — — — 2 — 2 
Total other consumer— 8 7 7 3 69 7 101 
Total consumer$2,726 $2,841 $4,125 $2,799 $1,272 $5,061 $206 $19,030 
Total consumer:
Performing loans$2,726 $2,830 $4,114 $2,790 $1,264 $4,920 $203 $18,847 
Nonaccrual loans— 11 11 9 8 139 — 178 
Accruing loans contractually past due 90 days or more
— — — — — 2 3 5 
Total consumer$2,726 $2,841 $4,125 $2,799 $1,272 $5,061 $206 $19,030 
20222021202020192018PriorRevolving
Loans		Total at Dec. 31, 2022
 (in millions)
Residential mortgages:
Performing loans$2,885 $4,272 $2,936 $1,300 $729 $4,503 $— $16,625 
Nonaccrual loans
2 8 13 23 22 145 — 213 
Total residential mortgages2,887 4,280 2,949 1,323 751 4,648 — 16,838 
Home equity mortgages:
Performing loans74 12 24 32 13 208 — 363 
Nonaccrual loans
— — — — — 7 — 7 
Total home equity mortgages74 12 24 32 13 215 — 370 
Credit cards:
Performing loans— — — — — — 211 211 
Accruing loans contractually past due 90 days or more
— — — — — — 2 2 
Total credit cards— — — — — — 213 213 
Other consumer:
Performing loans14 10 9 6 — 91 11 141 
Accruing loans contractually past due 90 days or more
— — — — — — 1 1 
Total other consumer14 10 9 6 — 91 12 142 
Total consumer$2,975 $4,302 $2,982 $1,361 $764 $4,954 $225 $17,563 
Total consumer:
Performing loans$2,973 $4,294 $2,969 $1,338 $742 $4,802 $222 $17,340 
Nonaccrual loans2 8 13 23 22 152 — 220 
Accruing loans contractually past due 90 days or more
— — — — — — 3 3 
Total consumer$2,975 $4,302 $2,982 $1,361 $764 $4,954 $225 $17,563 
Summary of Credit Quality Indicators The following table summarizes dollars of two-months-and-over contractual delinquency for our consumer loan portfolio, including a disaggregation of the loans by year of origination as of December 31, 2023 and 2022:
20232022202120202019PriorRevolving
Loans		Total at Dec. 31, 2023
 (in millions)
Residential mortgages(1)(2)
$— $2 $6 $6 $1 $100 $— $115 
Home equity mortgages(1)(2)
— — — — — 4 — 4 
Credit cards— — — — — — 4 4 
Other consumer— — — — — 2 — 2 
Total consumer$— $2 $6 $6 $1 $106 $4 $125 
20222021202020192018PriorRevolving
Loans		Total at Dec. 31, 2022
 (in millions)
Residential mortgages(1)(2)
$6 $4 $8 $16 $10 $97 $— $141 
Home equity mortgages(1)(2)
— — — — — 3 — 3 
Credit cards— — — — — — 3 3 
Other consumer— — — — — 2 1 3 
Total consumer$6 $4 $8 $16 $10 $102 $4 $150 
(1)At December 31, 2023 and 2022, consumer mortgage loan delinquency includes $61 million and $60 million, respectively, of loans that are carried at the lower of amortized cost or fair value of the collateral less cost to sell.
(2)At both December 31, 2023 and 2022, consumer mortgage loans include $21 million of loans that were in the process of foreclosure.
The following table summarizes gross charge-off dollars in our consumer loan portfolio, disaggregated by year of origination, during 2023:
20232022202120202019PriorRevolving
Loans		Total
 (in millions)
Residential mortgages$— $— $— $— $— $4 $— $4 
Home equity mortgages— — — — — 1 — 1 
Credit cards— — — — — — 8 8 
Other consumer— — — — — 1 — 1 
Total consumer$— $— $— $— $— $6 $8 $14