Purchased Loans (Tables)

3 Months Ended

Mar. 31, 2012

Accounting for Acquired Loans Disclosure

RBC Acquisition - Purchased Loans Balances

RBC Acquisition - Purchased Loans Balances
			Purchased Impaired Loans				Other Purchased Loans
In millions			Fair Value		Outstanding Balance		Fair Value		Outstanding Balance
Commercial Lending
	Commercial	$	446	$	746	$	6,002	$	6,328
	Commercial real estate		481		836		2,067		2,310
	Equipment lease financing						86		92
Total Commercial Lending			927		1,582		8,155		8,730
Consumer Lending
	Home equity		151		215		2,827		3,346
	Residential real estate		896		1,214		1,168		1,202
	Credit card and other consumer						376		385
Total Consumer Lending			1,047		1,429		4,371		4,933
Total		$	1,974	$	3,011	$	12,526	$	13,663

Accretable Yield

Accretable Yield
In millions		2012
January 1		$	2,109
Accretion due to RBC acquisition on March 2, 2012			584
Accretion (including excess cash recoveries)			(198)
Net reclassifications to accretable from non-accretable (a)			(23)
Disposals			(3)
March 31		$	2,469
(a)	The net reclass includes the impact of improvements in the excess cash expected to be collected from credit improvements, as well as accretable differences related to cash flow extensions.

Purchased Impaired Loans - RBC Acquisition

Purchased Impaired Loans - RBC Acquisition
In millions		March 2, 2012
Contractually required payments including interest	$	3,769
Less: Nonaccretable difference		1,211
Cash flows expected to be collected		2,558
Less: Accretable yield		584
Fair value of loans acquired	$	1,974

Purchased Impaired Loans - Balances

Purchased Impaired Loans - Balances
			March 31, 2012 (a)				December 31, 2011 (b)
In millions			Recorded Investment		Outstanding Balance		Recorded Investment		Outstanding Balance
Commercial Lending
	Commercial	$	568	$	947	$	140	$	245
	Commercial real estate		1,128		1,465		712		743
Total Commercial Lending			1,696		2,412		852		988
Consumer Lending
	Consumer		2,839		3,459		2,766		3,405
	Residential real estate		3,886		4,217		3,049		3,128
Total Consumer Lending			6,725		7,676		5,815		6,533
Total		$	8,421	$	10,088	$	6,667	$	7,521
(a)	Represents National City and RBC acquisitions.
(b)	Represents National City acquisition.

Purchased Non-Impaired Loans

As of March 2,2012					Commercial		Equipment				Residential		Credit Card and
In millions			Commercial		Real Estate		Lease Finance		Home Equity		Real Estate		other consumer		Total
Outstanding Balance		$	6,328	$	2,310	$	92	$	3,346	$	1,202	$	385	$	13,663
Less: Fair value adjustment			326		243		6		519		34		9		1,137
Fair value of loans acquired			6,002		2,067		86		2,827		1,168		376		12,526
The table below details contractually required payments, cash flows not expected to be collected and cash flows expected to
be collected on other purchased loans acquired from RBC.
As of March 2,2012					Commercial		Equipment				Residential		Credit Card and
In millions			Commercial		Real Estate		Lease Finance		Home Equity		Real Estate		other consumer		Total
Contractually required repayments
	including interest (a)		6,864		2,466		101		5,003		1,869		414		16,717
Less: Contractual cash flows not
	expected to be collected		86		131		6		1,501		538		189		2,451
Cash flows expected to be collected		$	6,778	$	2,335	$	95	$	3,502	$	1,331	$	225	$	14,266
(a)	Denotes required payments based on a loan's contractual schedule assuming no loss or prepayment.