Loan Portfolio

3 Months Ended

Mar. 31, 2022

Loans Receivables [Abstract]

Loan Portfolio

3. Loan Portfolio

Loan Portfolio by Portfolio Segment and Financing Receivable (a)

Dollars in millions	March 31, 2022		December 31, 2021
Commercial and industrial (b)	$	52,815	$	50,525
Commercial real estate:
Commercial mortgage	15,124		14,244
Construction	2,065		1,996
Total commercial real estate loans	17,189		16,240
Commercial lease financing (c)	3,916		4,071
Total commercial loans	73,920		70,836
Residential — prime loans:
Real estate — residential mortgage	17,181		15,756
Home equity loans	8,258		8,467
Total residential — prime loans	25,439		24,223
Consumer direct loans	6,249		5,753
Credit cards	930		972
Consumer indirect loans	62		70
Total consumer loans	32,680		31,018
Total loans (d)	$	106,600	$	101,854

(a)Accrued interest of $193 million and $198 million at March 31, 2022, and December 31, 2021, 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 $147 million and $139 million of commercial credit card balances at March 31, 2022, and December 31, 2021, respectively.

(c)Commercial lease financing includes receivables held as collateral for a secured borrowing of $14 million and $16 million at March 31, 2022, and December 31, 2021, 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 169 of our 2021 Form 10-K.

(d)Total loans exclude loans of $531 million at March 31, 2022, and $567 million at December 31, 2021, related to the discontinued operations of the education lending business.