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LOANS AND LEASES (Tables)
3 Months Ended
Mar. 31, 2016
Receivables [Abstract]  
Schedule of loans and leases
A summary of the loans and leases portfolio follows:
(in millions)
March 31, 2016
 
December 31, 2015
Commercial

$34,671

 

$33,264

Commercial real estate
9,406

 
8,971

Leases
3,895

 
3,979

Total commercial
47,972

 
46,214

Residential mortgages
13,345

 
13,318

Home equity loans
2,313

 
2,557

Home equity lines of credit
14,526

 
14,674

Home equity loans serviced by others (1)
930

 
986

Home equity lines of credit serviced by others (1)
339

 
389

Automobile
13,847

 
13,828

Student
5,006

 
4,359

Credit cards
1,581

 
1,634

Other retail
1,132

 
1,083

Total retail
53,019

 
52,828

Total loans and leases (2) (3)

$100,991

 

$99,042


(1) The Company’s SBO portfolio consists of purchased home equity loans and lines that were originally serviced by others. The Company now services a portion of this portfolio internally.
(2) Excluded from the table above are loans held for sale totaling $751 million and $365 million as of March 31, 2016 and December 31, 2015, respectively.
(3) Mortgage loans serviced for others by the Company’s subsidiaries are not included above and amounted to $17.4 billion and $17.6 billion at March 31, 2016 and December 31, 2015, respectively.