Loan Portfolio (Tables)

9 Months Ended

Sep. 30, 2021

Loans Receivables [Abstract]

Loans by Category

Dollars in millions	September 30, 2021		December 31, 2020
Commercial and industrial (b)	$	49,553	$	52,907
Commercial real estate:
Commercial mortgage	13,674		12,687
Construction	2,120		1,987
Total commercial real estate loans	15,794		14,674
Commercial lease financing (c)	3,982		4,399
Total commercial loans	69,329		71,980
Residential — prime loans:
Real estate — residential mortgage	14,204		9,298
Home equity loans	8,747		9,360
Total residential — prime loans	22,951		18,658
Consumer direct loans	5,324		4,714
Credit cards	928		989
Consumer indirect loans	77		4,844
Total consumer loans	29,280		29,205
Total loans (d)	$	98,609	$	101,185

(a)Accrued interest of $211 million and $241 million at September 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 $139 million and $127 million of commercial credit card balances at September 30, 2021, and December 31, 2020, respectively.

(c)Commercial lease financing includes receivables held as collateral for a secured borrowing of $16 million and $23 million at September 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 $602 million at September 30, 2021, and $710 million at December 31, 2020, related to the discontinued operations of the education lending business.