Loan Portfolio

6 Months Ended

Jun. 30, 2021

Loans Receivables [Abstract]

Loan Portfolio

3. Loan Portfolio

Loan Portfolio by Portfolio Segment and Financing Receivable (a)

in millions	June 30, 2021		December 31, 2020
Commercial and industrial (b)	$	50,672	$	52,907
Commercial real estate:
Commercial mortgage	12,965		12,687
Construction	2,132		1,987
Total commercial real estate loans	15,097		14,674
Commercial lease financing (c)	4,061		4,399
Total commercial loans	69,830		71,980
Residential — prime loans:
Real estate — residential mortgage	12,131		9,298
Home equity loans	9,047		9,360
Total residential — prime loans	21,178		18,658
Consumer direct loans	5,049		4,714
Credit cards	923		989
Consumer indirect loans	3,750		4,844
Total consumer loans	30,900		29,205
Total loans (d)	$	100,730	$	101,185

(a)Accrued interest of $225 million and $241 million at June 30, 2021, and December 31, 2020, respectively, presented in "other assets" on the Consolidated Balance Sheets is excluded from the amortized cost basis disclosed in this table.

(b)Loan balances include $135 million and $127 million of commercial credit card balances at June 30, 2021, and December 31, 2020, respectively.

(c)Commercial lease financing includes receivables held as collateral for a secured borrowing of $19 million and $23 million at June 30, 2021, and December 31, 2020, respectively. Principal reductions are based on the cash payments received from these related receivables. Additional information pertaining to this secured borrowing is included in Note 20 (“Long-Term Debt”) beginning on page 171 of our 2020 Form 10-K.

(d)Total loans exclude loans of $636 million at June 30, 2021, and $710 million at December 31, 2020, related to the discontinued operations of the education lending business.