Loan Portfolio

12 Months Ended

Dec. 31, 2024

Financing Receivable, before Allowance for Credit Loss [Abstract]

Loan Portfolio

4. Loan Portfolio

Loan Portfolio by Portfolio Segment and Class of Financing Receivable (a)

December 31,
Dollars in millions	2024		2023
Commercial and industrial (b)	$	52,909	$	55,815
Commercial real estate:
Commercial mortgage	13,310		15,187
Construction	2,936		3,066
Total commercial real estate loans	16,246		18,253
Commercial lease financing (c)	2,736		3,523
Total commercial loans	71,891		77,591
Residential — prime loans:
Real estate — residential mortgage	19,886		20,958
Home equity loans	6,358		7,139
Total residential — prime loans	26,244		28,097
Other consumer loans	5,167		5,916
Credit cards	958		1,002
Total consumer loans	32,369		35,015
Total loans (d)	$	104,260	$	112,606

(a)Accrued interest of $456 million and $522 million at December 31, 2024, and December 31, 2023, respectively, is presented in "Accrued income and other assets" on the Consolidated Balance Sheets and is excluded from the amortized cost basis disclosed in this table.

(b)Loan balances include $212 million and $207 million of commercial credit card balances at December 31, 2024, and December 31, 2023, respectively.

(c)Commercial lease financing includes receivables of $3 million and $7 million held as collateral for secured borrowings at December 31, 2024, and December 31, 2023, 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”).

(d)Total loans exclude loans of $257 million at December 31, 2024, and $339 million at December 31, 2023, related to the discontinued operations of the education lending business.