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Branch Assets and Liabilities Held for Sale (Tables)
9 Months Ended
Sep. 30, 2012
Assets and Liabilities Held for Sale for Certain Retail Branches

The following summarizes the assets and liabilities classified as held for sale at September 30, 2012 and December 31, 2011 in our consolidated balance sheet related to the agreement to sell certain retail branches.

 

     

September 30,

2012

    

December 31,

2011

 
     (in millions)  

Loans held for sale(1)

   $           -       $ 2,495   

Other branch assets held for sale:

     

Properties and equipment, net

     -         42   

Goodwill allocated to retail branch disposal group

     -         398   
  

 

 

    

 

 

 

Total other branch assets held for sale

     -         440   
  

 

 

    

 

 

 

Total branch assets held for sale

   $ -       $ 2,935   
  

 

 

    

 

 

 

Deposits held for sale

   $ -       $ 15,144   

Other branch liabilities held for sale

     -         11   
  

 

 

    

 

 

 

Total branch liabilities held for sale

   $ -       $ 15,155   
  

 

 

    

 

 

 

 

 

(1) 

Loans held for sale includes $521 million of commercial loans, $1.4 billion of residential mortgages, $416 million of credit card loans and $161 million in other consumer loans at December 31, 2011.