Loan Portfolio (Tables)

6 Months Ended

Jun. 30, 2020



in millions	June 30, 2020		December 31, 2019
Commercial and industrial ^(b)	$	58,297	$	48,295
Commercial real estate:
Commercial mortgage	13,465		13,491
Construction	1,919		1,558
Total commercial real estate loans	15,384		15,049
Commercial lease financing ^(c)	4,524		4,688
Total commercial loans	78,205		68,032
Residential — prime loans:
Real estate — residential mortgage	8,149		7,023
Home equity loans	9,782		10,274
Total residential — prime loans	17,931		17,297
Consumer direct loans	4,327		3,513
Credit cards	974		1,130
Consumer indirect loans	4,722		4,674
Total consumer loans	27,954		26,614
Total loans^(d)	$	106,159	$	94,646


(a)	Accrued interest of $225 million and $244 million at June 30, 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 $132 million and $144 million of commercial credit card balances at June 30, 2020, and December 31, 2019, respectively.

(c)

Commercial lease financing includes receivables held as collateral for a secured borrowing of $18 million and $15 million at June 30, 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 $780 million at June 30, 2020, and $865 million at December 31, 2019, related to the discontinued operations of the education lending business.