Loan Portfolio (Tables)

3 Months Ended

Mar. 31, 2020



in millions	March 31, 2020		December 31, 2019
Commercial and industrial ^(b)	$	55,983	$	48,295
Commercial real estate:
Commercial mortgage	13,548		13,491
Construction	1,710		1,558
Total commercial real estate loans	15,258		15,049
Commercial lease financing ^(c)	4,677		4,688
Total commercial loans	75,918		68,032
Residential — prime loans:
Real estate — residential mortgage	7,498		7,023
Home equity loans	10,103		10,274
Total residential — prime loans	17,601		17,297
Consumer direct loans	3,833		3,513
Credit cards	1,041		1,130
Consumer indirect loans	4,805		4,674
Total consumer loans	27,280		26,614
Total loans^(d)	$	103,198	$	94,646


(a)	Accrued interest of $241 million and $244 million at March 31, 2020, and December 31, 2019, 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 $143 million and $144 million of commercial credit card balances at March 31, 2020, and December 31, 2019, respectively.

(c)

Commercial lease financing includes receivables held as collateral for a secured borrowing of $14 million and $15 million at March 31, 2020, and December 31, 2019, 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 163 of our 2019 Form 10-K.

(d)

Total loans exclude loans of $821 million at March 31, 2020, and $865 million at December 31, 2019, related to the discontinued operations of the education lending business.