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Loans and ACL (Tables)
 3 Months Ended
Mar. 31, 2019
Receivables [Abstract]  
Aging Analysis of Past Due Loans and Leases The following tables present loans and leases HFI by aging category:
 
 
Accruing
 
 
 
 
March 31, 2019
(Dollars in millions)
 
Current
 
30-89 Days Past Due
 
90 Days Or More Past Due
 
Nonperforming
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
61,746

 
$
36

 
$
—

 
$
196

 
$
61,978

CRE
 
20,751

 
3

 
—

 
75

 
20,829

Lease financing
 
2,094

 
3

 
—

 
1

 
2,098

Retail:
 
 
 
 
 
 
 
 
 
 
Residential mortgage
 
30,596

 
478

 
377

 
121

 
31,572

Direct
 
11,337

 
67

 
7

 
53

 
11,464

Indirect
 
17,122

 
316

 
5

 
80

 
17,523

Revolving credit
 
3,111

 
27

 
14

 
—

 
3,152

PCI
 
395

 
18

 
28

 
—

 
441

Total
 
$
147,152

 
$
948

 
$
431

 
$
526

 
$
149,057

 
 
 
 
 
 
 
 
 
 
 
 
 
Accruing
 
 
 
 
December 31, 2018
(Dollars in millions)
 
Current
 
30-89 Days Past Due
 
90 Days Or More Past Due
 
Nonperforming
 
Total
Commercial:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
61,701

 
$
34

 
$
—

 
$
200

 
$
61,935

CRE
 
20,990

 
5

 
—

 
65

 
21,060

Lease financing
 
2,014

 
1

 
—

 
3

 
2,018

Retail:
 
 

 
 

 
 

 
 

 
 
Residential mortgage
 
30,413

 
456

 
405

 
119

 
31,393

Direct
 
11,463

 
61

 
7

 
53

 
11,584

Indirect
 
16,901

 
436

 
6

 
82

 
17,425

Revolving credit
 
3,090

 
28

 
14

 
—

 
3,132

PCI
 
413

 
23

 
30

 
—

 
466

Total
 
$
146,985

 
$
1,044

 
$
462

 
$
522

 
$
149,013
Schedule of Carrying Amounts by Risk Rating The following table presents the carrying amount of loans by risk rating. PCI loans are excluded because their related ALLL is determined by loan pool performance and revolving credit loans are excluded as the loans are charged-off rather than reclassifying to nonperforming:
 
 
March 31, 2019
 
December 31, 2018
(Dollars in millions)
 
Commercial & Industrial
 
CRE
 
Lease Financing
 
Commercial & Industrial
 
CRE
 
Lease Financing
Commercial:
 
 
 
 
 
 
 
 
 
 
 
 
Pass
 
$
60,514

 
$
20,460

 
$
2,082

 
$
60,655

 
$
20,712

 
$
2,012

Special mention
 
395

 
71

 
3

 
216

 
61

 
—

Substandard-performing
 
873

 
223

 
12

 
864

 
222

 
3

Nonperforming
 
196

 
75

 
1

 
200

 
65

 
3

Total
 
$
61,978

 
$
20,829

 
$
2,098

 
$
61,935

 
$
21,060

 
$
2,018

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Mortgage
 
Direct
 
Indirect
 
Residential Mortgage
 
Direct
 
Indirect
Retail:
 
 
 
 
 
 
 
 
 
 
 
 
Performing
 
$
31,451

 
$
11,411

 
$
17,443

 
$
31,274

 
$
11,531

 
$
17,343

Nonperforming
 
121

 
53

 
80

 
119

 
53

 
82

Total
 
$
31,572

 
$
11,464

 
$
17,523

 
$
31,393

 
$
11,584

 
$
17,425
Summary of Allowance for Credit Losses The following tables present activity in the ACL:
(Dollars in millions)
 
Balance at Jan 1, 2018
 
Charge-Offs
 
Recoveries
 
Provision (Benefit)
 
Balance at Mar 31, 2018
Commercial:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
522

 
$
(23
)
 
$
8

 
$
15

 
$
522

CRE
 
160

 
(6
)
 
2

 
19

 
175

Lease financing
 
9

 
(1
)
 
—

 
2

 
10

Retail:
 
 
 
 
 
 
 
 
 
 
Residential mortgage
 
209

 
(4
)
 
—

 
11

 
216

Direct
 
106

 
(19
)
 
6

 
6

 
99

Indirect
 
348

 
(107
)
 
15

 
91

 
347

Revolving credit
 
108

 
(21
)
 
5

 
12

 
104

PCI
 
28

 
—

 
—

 
(3
)
 
25

ALLL
 
1,490

 
(181
)
 
36

 
153

 
1,498

RUFC
 
119

 
—

 
—

 
(3
)
 
116

ACL
 
$
1,609

 
$
(181
)
 
$
36

 
$
150

 
$
1,614

 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
 
Balance at Jan 1, 2019
 
Charge-Offs
 
Recoveries
 
Provision (Benefit)
 
Balance at Mar 31, 2019
Commercial:
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
546

 
$
(17
)
 
$
6

 
$
13

 
$
548

CRE
 
190

 
(8
)
 
1

 
13

 
196

Lease financing
 
11

 
(1
)
 
—

 
1

 
11

Retail:
 
 
 
 
 
 
 
 
 
 
Residential mortgage
 
232

 
(5
)
 
1

 
(3
)
 
225

Direct
 
97

 
(18
)
 
6

 
11

 
96

Indirect
 
356

 
(109
)
 
17

 
94

 
358

Revolving credit
 
117

 
(26
)
 
6

 
22

 
119

PCI
 
9

 
—

 
—

 
(1
)
 
8

ALLL
 
1,558

 
(184
)
 
37

 
150

 
1,561

RUFC
 
93

 
—

 
—

 
5

 
98

ACL
 
$
1,651

 
$
(184
)
 
$
37

 
$
155

 
$
1,659
Schedule Of Loans Collectively Evaluated For Impairment The following table provides a summary of loans that are collectively evaluated for impairment:
 
 
March 31, 2019
 
December 31, 2018
(Dollars in millions)
 
Recorded Investment
 
Related ALLL
 
Recorded Investment
 
Related ALLL
Commercial:
 
 
 
 
 
 
 
 
Commercial and industrial
 
$
61,683

 
$
522

 
$
61,629

 
$
521

CRE
 
20,721

 
175

 
20,960

 
181

Lease financing
 
2,097

 
11

 
2,015

 
11

Retail:
 
 
 
 
 
 
 
 
Residential mortgage
 
30,697

 
159

 
30,539

 
164

Direct
 
11,398

 
91

 
11,517

 
92

Indirect
 
17,194

 
299

 
17,099

 
299

Revolving credit
 
3,123

 
108

 
3,104

 
106

PCI
 
441

 
8

 
466

 
9

Total
 
$
147,354

 
$
1,373

 
$
147,329

 
$
1,383
Schedule of Loans Individually Evaluated for Impairment The following tables set forth certain information regarding impaired loans, excluding PCI and LHFS, that were individually evaluated for impairment:

UPB
 
Recorded Investment
 
Related ALLL
 
Average Recorded Investment
 
Interest Income Recognized
As of / For The Three Months Ended March 31, 2019
(Dollars in millions)
 
Without an ALLL
 
With an ALLL
 
 
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
308

 
$
90

 
$
205

 
$
26

 
$
308

 
$
1

CRE
113

 
18

 
90

 
21

 
112

 
—

Lease financing
2

 
—

 
1

 
—

 
2

 
—

Retail:
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage
927

 
126

 
749

 
66

 
869

 
8

Direct
84

 
26

 
40

 
5

 
66

 
1

Indirect
339

 
5

 
324

 
59

 
328

 
12

Revolving credit
29

 
—

 
29

 
11

 
29

 
—

Total
$
1,802

 
$
265

 
$
1,438

 
$
188

 
$
1,714

 
$
22

 
 
 
 
 
 
 
 
 
 
 
 
 
UPB
 
Recorded Investment
 
Related ALLL
 
Average Recorded Investment
 
Interest Income Recognized
As of / For The Year Ended December 31, 2018
(Dollars in millions)
 
Without an ALLL
 
With an ALLL
 
 
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
318

 
$
95

 
$
211

 
$
25

 
$
343

 
$
6

CRE
102

 
29

 
71

 
9

 
97

 
2

Lease financing
3

 
—

 
3

 
—

 
6

 
—

Retail:
 
 
 

 
 

 
 

 
 

 
 

Residential mortgage
904

 
122

 
732

 
68

 
841

 
34

Direct
86

 
26

 
41

 
5

 
72

 
4

Indirect
335

 
6

 
320

 
57

 
306

 
46

Revolving credit
28

 
—

 
28

 
11

 
29

 
1

Total
$
1,776

 
$
278

 
$
1,406

 
$
175

 
$
1,694

 
$
93
Schedule of Performing and Nonperforming TDRs The following table presents a summary of TDRs, all of which are considered impaired:
(Dollars in millions)
 
Mar 31, 2019
 
Dec 31, 2018
Performing TDRs:
 
 
 
 
Commercial:
 
 
 
 
Commercial and industrial
 
$
63

 
$
65

CRE
 
9

 
10

Retail:
 
 
 
 
Residential mortgage
 
669

 
656

Direct
 
54

 
55

Indirect
 
306

 
305

Revolving credit
 
29

 
28

Total performing TDRs
 
1,130

 
1,119

Nonperforming TDRs (also included in NPL disclosures)
 
178

 
176

Total TDRs
 
$
1,308

 
$
1,295

ALLL attributable to TDRs
 
$
146

 
$
146
Summary Of Primary Reason Loan Modifications Were Classified as TDRs The primary reason loan modifications were classified as TDRs is summarized below. Balances represent the recorded investment at the end of the quarter in which the modification was made. Rate modifications consist of TDRs made with below market interest rates, including those that also have modifications of loan structures.
 
2019
 
2018
Three Months Ended March 31,
(Dollars in millions)
Type of Modification
 
ALLL Impact
 
Type of Modification
 
ALLL Impact
Rate
 
Structure
 
 
Rate
 
Structure
 
Newly designated TDRs:
 
 
 
 
 
 
 
 
 
 
 
Commercial:
 
 
 
 
 
 
 
 
 
 
 
Commercial and industrial
$
26

 
$
3

 
$
1

 
$
10

 
$
10

 
$
—

CRE
1

 
—

 
—

 
19

 
1

 
—

Retail:
 

 
 

 
 

 
 

 
 

 
 

Residential mortgage
73

 
8

 
4

 
82

 
10

 
5

Direct
3

 
1

 
—

 
2

 
—

 
—

Indirect
48

 
1

 
6

 
42

 
1

 
5

Revolving credit
6

 
—

 
1

 
5

 
—

 
1

Re-modification of previously designated TDRs
23

 
5

 
—

 
21

 
5

 
—