Loan Portfolio

9 Months Ended

Sep. 30, 2022

Loans Receivables [Abstract]

Loan Portfolio

3. Loan Portfolio

Loan Portfolio by Portfolio Segment and Financing Receivable (a)

Dollars in millions	September 30, 2022		December 31, 2021
Commercial and industrial (b)	$	56,971	$	50,525
Commercial real estate:
Commercial mortgage	16,400		14,244
Construction	2,349		1,996
Total commercial real estate loans	18,749		16,240
Commercial lease financing (c)	3,877		4,071
Total commercial loans	79,597		70,836
Residential — prime loans:
Real estate — residential mortgage	20,838		15,756
Home equity loans	7,926		8,467
Total residential — prime loans	28,764		24,223
Consumer direct loans	6,803		5,753
Credit cards	977		972
Consumer indirect loans	50		70
Total consumer loans	36,594		31,018
Total loans (d)	$	116,191	$	101,854

(a)Accrued interest of $274 million and $198 million at September 30, 2022, and December 31, 2021, 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 $166 million and $139 million of commercial credit card balances at September 30, 2022, and December 31, 2021, respectively.

(c)Commercial lease financing includes receivables held as collateral for a secured borrowing of $10 million and $16 million at September 30, 2022, and December 31, 2021, 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 169 of our 2021 Form 10-K.

(d)Total loans exclude loans of $467 million at September 30, 2022, and $567 million at December 31, 2021, related to the discontinued operations of the education lending business.