LOANS TO FINANCIAL ADVISORS, NET (Tables)

6 Months Ended

Mar. 31, 2021

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

The following table presents the balances for both the held for sale and held for investment loan portfolios, as well as the associated percentage of each portfolio segment in RJ Bank’s total loan portfolio.

	March 31, 2021				September 30, 2020
$ in millions	Balance		%		Balance		%
C&I loans	$	7,816	34	%	$	7,421	34	%
CRE loans	2,710		12	%	2,489		12	%
REIT loans	1,380		6	%	1,210		5	%
Tax-exempt loans	1,223		5	%	1,259		6	%
Residential mortgage loans	5,001		21	%	4,973		23	%
SBL and other	4,891		21	%	4,087		19	%
Total loans held for investment	23,021		99	%	21,439		99	%
Held for sale loans	203		1	%	110		1	%
Total loans held for sale and investment	23,224		100	%	21,549		100	%
Allowance for credit losses	(345)				(354)
Bank loans, net	$	22,879			$	21,195
Accrued interest receivable on bank loans	$	46			$	45

The following table presents the balances for our loans to financial advisors and the related accrued interest receivable.

$ in millions	March 31, 2021		September 30, 2020
Currently affiliated with the firm (1)	$	1,006	$	1,001
No longer affiliated with the firm (2)	10		15
Total loans to financial advisors	1,016		1,016
Allowance for credit losses	(28)		(4)
Loans to financial advisors, net	$	988	$	1,012
Accrued interest receivable on loans to financial advisors	$	4	$	4

(1) These loans were predominately current.

(2) These loans were predominately past due for a period of 180 days or more and on nonaccrual status.