Allowance for Credit Losses (Tables)

3 Months Ended

Mar. 31, 2012

Mar. 31, 2011

Allowance for Credit Losses

Analysis of the Allowance for Credit Losses

		Beginning		Charge-						Ending
Three Months Ended March 31, 2012		Balance		Offs		Recoveries		Provision		Balance
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	433	$	(63)	$	4	$	152	$	526
	Commercial real estate - other		334		(73)		3		30		294
	Commercial real estate - residential ADC		286		(54)		8		(34)		206
	Other lending subsidiaries		11		(3)		1		4		13
Retail:
	Direct retail lending		232		(57)		10		116		301
	Revolving credit		112		(22)		5		(1)		94
	Residential mortgage		365		(42)		1		(23)		301
	Sales finance		38		(7)		3		(2)		32
	Other lending subsidiaries		186		(57)		6		47		182
Covered and other acquired			149		(15)		―		3		137
Unallocated			110		―		―		(15)		95
Allowance for loan and lease losses			2,256		(393)		41		277		2,181
Reserve for unfunded lending commitments			29		―		―		11		40
Allowance for credit losses		$	2,285	$	(393)	$	41	$	288	$	2,221

		Beginning		Charge-						Ending
Three Months Ended March 31, 2011		Balance		Offs		Recoveries		Provision		Balance
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	621	$	(78)	$	4	$	(12)	$	535
	Commercial real estate - other		446		(68)		3		116		497
	Commercial real estate - residential ADC		469		(71)		4		19		421
	Other lending subsidiaries		21		(2)		1		(2)		18
Retail:
	Direct retail lending		246		(78)		9		68		245
	Revolving credit		109		(27)		5		18		105
	Residential mortgage		298		(54)		1		83		328
	Sales finance		47		(10)		2		4		43
	Other lending subsidiaries		177		(50)		5		43		175
Covered and other acquired			144		―		―		―		144
Unallocated			130		―		―		―		130
Allowance for loan and lease losses			2,708		(438)		34		337		2,641
Reserve for unfunded lending commitments			47		―		―		3		50
Allowance for credit losses		$	2,755	$	(438)	$	34	$	340	$	2,691

Breakdown of Allowance for Loan and Lease Losses Based on Method for Determining Allowance

			Allowance for Loan and Lease Losses
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
March 31, 2012			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	91	$	435	$	―	$	526
	Commercial real estate - other			54		240		―		294
	Commercial real estate - residential ADC			42		164		―		206
	Other lending subsidiaries			3		10		―		13
Retail:
	Direct retail lending			31		270		―		301
	Revolving credit			26		68		―		94
	Residential mortgage			102		199		―		301
	Sales finance			1		31		―		32
	Other lending subsidiaries			22		160		―		182
Covered and other acquired				―		36		101		137
Unallocated				―		95		―		95
		Total	$	372	$	1,708	$	101	$	2,181

			Allowance for Loan and Lease Losses
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
December 31, 2011			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	77	$	356	$	―	$	433
	Commercial real estate - other			69		265		―		334
	Commercial real estate - residential ADC			50		236		―		286
	Other lending subsidiaries			1		10		―		11
Retail:
	Direct retail lending			35		197		―		232
	Revolving credit			27		85		―		112
	Residential mortgage			152		213		―		365
	Sales finance			1		37		―		38
	Other lending subsidiaries			20		166		―		186
Covered and other acquired				―		36		113		149
Unallocated				―		110		―		110
		Total	$	432	$	1,711	$	113	$	2,256

Breakdown of Recorded Investment in Loans Based on Method for Determining Allowance

			Loans and Leases
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
March 31, 2012			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	769	$	35,387	$	―	$	36,156
	Commercial real estate - other			418		10,125		―		10,543
	Commercial real estate - residential ADC			345		1,478		―		1,823
	Other lending subsidiaries			11		3,705		―		3,716
Retail:
	Direct retail lending			160		14,702		―		14,862
	Revolving credit			61		2,098		―		2,159
	Residential mortgage			958		20,555		―		21,513
	Sales finance			18		7,569		―		7,587
	Other lending subsidiaries			55		5,180		―		5,235
Covered and other acquired				―		2,597		1,970		4,567
		Total	$	2,795	$	103,396	$	1,970	$	108,161

			Loans and Leases
							Loans
							Acquired
			Individually		Collectively		With
			Evaluated		Evaluated		Deteriorated
			for		for		Credit
December 31, 2011			Impairment		Impairment		Quality		Total
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	656	$	35,759	$	―	$	36,415
	Commercial real estate - other			511		10,178		―		10,689
	Commercial real estate - residential ADC			420		1,641		―		2,061
	Other lending subsidiaries			5		3,621		―		3,626
Retail:
	Direct retail lending			165		14,302		―		14,467
	Revolving credit			62		2,150		―		2,212
	Residential mortgage			931		19,650		―		20,581
	Sales finance			10		7,391		―		7,401
	Other lending subsidiaries			49		5,062		―		5,111
Covered and other acquired				―		2,782		2,124		4,906
		Total	$	2,809	$	102,536	$	2,124	$	107,469

Schedule of Commercial Credit Exposure Credit Risk Profile by Internal Loan Risk Rating

							Commercial
					Commercial		Real Estate -		Other
			Commercial		Real Estate -		Residential		Lending
March 31, 2012			& Industrial		Other		ADC		Subsidiaries
			(Dollars in millions)
Commercial:
	Pass		$	33,196	$	8,669	$	992	$	3,664
	Special mention			361		129		40		4
	Substandard - performing			1,914		1,433		479		32
	Nonperforming			685		312		312		16
		Total	$	36,156	$	10,543	$	1,823	$	3,716

							Commercial
					Commercial		Real Estate -		Other
			Commercial		Real Estate -		Residential		Lending
December 31, 2011			& Industrial		Other		ADC		Subsidiaries
			(Dollars in millions)
Commercial:
	Pass		$	33,497	$	8,568	$	1,085	$	3,578
	Special mention			488		234		60		5
	Substandard - performing			1,848		1,493		540		35
	Nonperforming			582		394		376		8
		Total	$	36,415	$	10,689	$	2,061	$	3,626

Schedule of Retail Credit Exposure Credit Risk Profile Based on Payment Activity

			Direct Retail		Revolving		Residential		Sales		Other Lending
March 31, 2012			Lending		Credit		Mortgage		Finance		Subsidiaries
			(Dollars in millions)
Retail:
	Performing		$	14,723	$	2,159	$	21,193	$	7,572	$	5,191
	Nonperforming			139		―		320		15		44
		Total	$	14,862	$	2,159	$	21,513	$	7,587	$	5,235

			Direct Retail		Revolving		Residential		Sales		Other Lending
December 31, 2011			Lending		Credit		Mortgage		Finance		Subsidiaries
			(Dollars in millions)
Retail:
	Performing		$	14,325	$	2,212	$	20,273	$	7,394	$	5,056
	Nonperforming			142		―		308		7		55
		Total	$	14,467	$	2,212	$	20,581	$	7,401	$	5,111

Aging Analysis of Past Due Loans and Leases

			Accruing Loans and Leases
							90 Days Or		Nonaccrual		Total Loans And
					30-89 Days		More Past		Loans And		Leases, Excluding
March 31, 2012			Current		Past Due		Due		Leases		Covered Loans
			(Dollars in millions)
Commercial:
	Commercial and industrial		$	35,407	$	62	$	2	$	685	$	36,156
	Commercial real estate - other			10,204		26		1		312		10,543
	Commercial real estate - residential ADC			1,503		8		―		312		1,823
	Other lending subsidiaries			3,681		14		5		16		3,716
Retail:
	Direct retail lending			14,540		135		48		139		14,862
	Revolving credit			2,125		20		14		―		2,159
	Residential mortgage (1)			20,424		479		290		320		21,513
	Sales finance			7,509		50		13		15		7,587
	Other lending subsidiaries			5,032		158		1		44		5,235
Other acquired				34		―		1		―		35
		Total (1)	$	100,459	$	952	$	375	$	1,843	$	103,629

				Accruing Loans and Leases
								90 Days Or		Nonaccrual		Total Loans And
						30-89 Days		More Past		Loans And		Leases, Excluding
	December 31, 2011			Current		Past Due		Due		Leases		Covered Loans
				(Dollars in millions)
	Commercial:
		Commercial and industrial		$	35,746	$	85	$	2	$	582	$	36,415
		Commercial real estate - other			10,273		22		―		394		10,689
		Commercial real estate - residential ADC			1,671		14		―		376		2,061
		Other lending subsidiaries			3,589		25		4		8		3,626
	Retail:
		Direct retail lending			14,109		161		55		142		14,467
		Revolving credit			2,173		22		17		―		2,212
		Residential mortgage (1)			19,393		570		310		308		20,581
		Sales finance			7,301		75		18		7		7,401
		Other lending subsidiaries			4,807		248		1		55		5,111
	Other acquired				37		1		1		―		39
			Total (1)	$	99,099	$	1,223	$	408	$	1,872	$	102,602
(1)	Residential mortgage loans include $82 million and $91 million in government guaranteed loans 30-89 days past due, and $218 million and $206 million in government guaranteed loans 90 days or more past due as of March 31, 2012 and December 31, 2011, respectively.

Schedule of Information Regarding Impaired Loans

						Unpaid				Average		Interest
				Recorded		Principal		Related		Recorded		Income
As Of / For The Three Months Ended March 31, 2012				Investment		Balance		Allowance		Investment		Recognized
				(Dollars in millions)
With No Related Allowance Recorded:
	Commercial:
		Commercial and industrial		$	128	$	223	$	―	$	126	$	―
		Commercial real estate - other			104		159		―		101		―
		Commercial real estate - residential ADC			108		213		―		110		―
	Retail:
		Direct retail lending			21		78		―		22		―
		Residential mortgage (1)			84		141		―		82		―
		Sales finance			1		2		―		1		―
		Other lending subsidiaries			2		5		―		4		―
With An Allowance Recorded:
	Commercial:
		Commercial and industrial			641		650		91		470		1
		Commercial real estate - other			314		329		54		272		1
		Commercial real estate - residential ADC			237		247		42		198		―
		Other lending subsidiaries			11		13		3		13		―
	Retail:
		Direct retail lending			139		146		31		137		2
		Revolving credit			61		60		26		61		1
		Residential mortgage (1)			637		652		91		596		7
		Sales finance			17		17		1		9		―
		Other lending subsidiaries			53		55		22		48		―
			Total (1)	$	2,558	$	2,990	$	361	$	2,250	$	12

							Unpaid				Average		Interest
					Recorded		Principal		Related		Recorded		Income
	As Of / For The Year Ended December 31, 2011				Investment		Balance		Allowance		Investment		Recognized
					(Dollars in millions)
	With No Related Allowance Recorded:
		Commercial:
			Commercial and industrial		$	114	$	196	$	―	$	102	$	―
			Commercial real estate - other			102		163		―		94		1
			Commercial real estate - residential ADC			153		289		―		145		―
		Retail:
			Direct retail lending			19		74		―		23		1
			Residential mortgage (1)			46		85		―		55		2
			Sales finance			1		1		―		1		―
			Other lending subsidiaries			2		4		―		3		―
	With An Allowance Recorded:
		Commercial:
			Commercial and industrial			542		552		77		300		1
			Commercial real estate - other			409		433		69		278		5
			Commercial real estate - residential ADC			267		298		50		164		1
			Other lending subsidiaries			5		5		1		5		―
		Retail:
			Direct retail lending			146		153		35		128		8
			Revolving credit			62		61		27		61		3
			Residential mortgage (1)			653		674		125		562		26
			Sales finance			9		10		1		6		―
			Other lending subsidiaries			47		50		20		31		2
				Total (1)	$	2,577	$	3,048	$	405	$	1,958	$	50
(1)	Residential mortgage loans exclude $237 million and $232 million in government guaranteed loans and related allowance of $11 million and $27 million as of March 31, 2012 and December 31, 2011, respectively.

Summary Of Reason For Classification As Troubled Debt Restructurings

			Three Months Ended March 31,
			2012						2011
			Types of						Types of
			Modifications (1)				Increase To		Modifications (1)				Increase To
			Rate (2)		Structure		Allowance		Rate (2)		Structure		Allowance
			(Dollars in millions)
	Commercial:
		Commercial and industrial	$	5	$	28	$	―	$	12	$	13	$	1
		Commercial real estate - other		4		9		1		19		13		1
		Commercial real estate - residential ADC		―		13		―		12		9		3
	Retail:
		Direct retail lending		6		2		1		16		1		3
		Revolving credit		8		―		2		11		―		2
		Residential mortgage		55		9		3		32		5		5
		Sales finance		2		―		―		1		2		―
		Other lending subsidiaries		8		2		4		12		1		4
(1)	Includes modifications made to existing restructurings, as well as new modifications that are considered restructurings. Balances represent the recorded investment as of the end of the period in which the modification was made.
(2)	Includes restructurings made with a below market interest rate that also includes a modification of loan structure.

Modifications that defaulted during the period that had been classified as a restructuring during the previous 12 months

		Three Months Ended March 31,
		2012		2011
		(Dollars in millions)
Commercial:
	Commercial and industrial	$	2	$	13
	Commercial real estate - other		1		30
	Commercial real estate - residential ADC		8		41
Retail:
	Direct retail lending		2		9
	Revolving credit		3		5
	Residential mortgage		17		13
	Sales finance		―		1
	Other lending subsidiaries		2		1