LOANS AND LEASES AND ALLOWANCE FOR CREDIT LOSSES (Tables)
|
12 Months Ended |
Dec. 31, 2018 |
|---|
| Receivables [Abstract] |
|
| Asset and liability derivatives included in accrued income and other assets [Table Text Block] |
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December 31, 2018 |
December 31, 2017 |
(dollar amounts in millions) |
Asset |
|
Liability |
|
Asset |
|
Liability |
Derivatives designated as Hedging Instruments |
|
|
|
|
|
|
|
Interest rate contracts |
$ |
44 |
|
|
$ |
42 |
|
|
$ |
22 |
|
|
$ |
121 |
|
Derivatives not designated as Hedging Instruments |
|
|
|
|
|
|
|
Interest rate contracts |
261 |
|
|
165 |
|
|
187 |
|
|
100 |
|
Foreign exchange contracts |
23 |
|
|
19 |
|
|
18 |
|
|
18 |
|
Commodities contracts |
172 |
|
|
168 |
|
|
92 |
|
|
87 |
|
Equity contracts |
— |
|
|
10 |
|
|
3 |
|
|
5 |
|
Total Contracts |
$ |
500 |
|
|
$ |
404 |
|
|
$ |
322 |
|
|
$ |
331 |
|
|
| Schedule of financing receivable portfolio segments |
The following table provides a detailed listing of Huntington’s loan and lease portfolio at December 31, 2018 and December 31, 2017.
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|
At December 31, |
(dollar amounts in millions) |
2018 |
|
2017 |
Loans and leases: |
|
|
|
Commercial and industrial |
$ |
30,605 |
|
|
$ |
28,107 |
|
Commercial real estate |
6,842 |
|
|
7,225 |
|
Automobile |
12,429 |
|
|
12,100 |
|
Home equity |
9,722 |
|
|
10,099 |
|
Residential mortgage |
10,728 |
|
|
9,026 |
|
RV and marine finance |
3,254 |
|
|
2,438 |
|
Other consumer |
1,320 |
|
|
1,122 |
|
Loans and leases |
74,900 |
|
|
70,117 |
|
Allowance for loan and lease losses |
(772 |
) |
|
(691 |
) |
Net loans and leases |
$ |
74,128 |
|
|
$ |
69,426 |
|
|
| Lease financing receivables |
Huntington’s loan and lease portfolio includes lease financing receivables consisting of direct financing leases on equipment, which are included in C&I loans. Net investments in lease financing receivables by category at December 31, 2018 and 2017 were as follows:
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|
|
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At December 31, |
(dollar amounts in millions) |
2018 |
|
2017 |
Commercial and industrial: |
|
|
|
Lease payments receivable |
$ |
1,747 |
|
|
$ |
1,645 |
|
Estimated residual value of leased assets |
726 |
|
|
755 |
|
Gross investment in commercial lease financing receivables |
2,473 |
|
|
2,400 |
|
Deferred origination costs |
20 |
|
|
18 |
|
Deferred fees |
(250 |
) |
|
(225 |
) |
Total net investment in commercial lease financing receivables |
$ |
2,243 |
|
|
$ |
2,193 |
|
|
| Nonaccrual loans by loan class |
The following table presents NALs by loan class at December 31, 2018 and 2017:
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|
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|
December 31, |
(dollar amounts in millions) |
2018 |
|
2017 |
Commercial and industrial |
$ |
188 |
|
|
$ |
161 |
|
Commercial real estate |
15 |
|
|
29 |
|
Automobile |
5 |
|
|
6 |
|
Home equity |
62 |
|
|
68 |
|
Residential mortgage |
69 |
|
|
84 |
|
RV and marine finance |
1 |
|
|
1 |
|
Other consumer |
— |
|
|
— |
|
Total nonaccrual loans |
$ |
340 |
|
|
$ |
349 |
|
|
| Aging analysis of loans and leases |
The following table presents an aging analysis of loans and leases, including past due loans and leases, by loan class at December 31, 2018 and 2017 (1):
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|
December 31, 2018 |
|
Past Due (1) |
|
|
|
Loans Accounted for Under FVO |
|
Total Loans
and Leases |
|
90 or
more days
past due
and accruing |
|
(dollar amounts in millions) |
30-59
Days |
|
60-89
Days |
|
90 or
more days |
Total |
|
Current |
|
|
|
|
Commercial and industrial |
$ |
72 |
|
|
$ |
17 |
|
|
$ |
51 |
|
|
$ |
140 |
|
|
$ |
30,465 |
|
|
$ |
— |
|
|
$ |
30,605 |
|
|
$ |
7 |
|
(2) |
Commercial real estate |
10 |
|
|
— |
|
|
5 |
|
|
15 |
|
|
6,827 |
|
|
— |
|
|
6,842 |
|
|
— |
|
|
Automobile |
95 |
|
|
19 |
|
|
10 |
|
|
124 |
|
|
12,305 |
|
|
— |
|
|
12,429 |
|
|
8 |
|
|
Home equity |
51 |
|
|
21 |
|
|
56 |
|
|
128 |
|
|
9,593 |
|
|
1 |
|
|
9,722 |
|
|
17 |
|
|
Residential mortgage |
108 |
|
|
47 |
|
|
168 |
|
|
323 |
|
|
10,327 |
|
|
78 |
|
|
10,728 |
|
|
131 |
|
(3) |
RV and marine finance |
12 |
|
|
3 |
|
|
2 |
|
|
17 |
|
|
3,237 |
|
|
— |
|
|
3,254 |
|
|
1 |
|
|
Other consumer |
14 |
|
|
7 |
|
|
6 |
|
|
27 |
|
|
1,293 |
|
|
— |
|
|
1,320 |
|
|
6 |
|
|
Total loans and leases |
$ |
362 |
|
|
$ |
114 |
|
|
$ |
298 |
|
|
$ |
774 |
|
|
$ |
74,047 |
|
|
$ |
79 |
|
|
$ |
74,900 |
|
|
$ |
170 |
|
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|
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December 31, 2017 |
|
Past Due (1) |
|
|
|
|
|
Loans Accounted for Under FVO |
|
Total Loans
and Leases |
|
90 or
more days
past due
and accruing |
|
(dollar amounts in millions) |
30-59
Days |
|
60-89
Days |
|
90 or
more days |
Total |
|
Current |
|
Purchased
Credit Impaired |
|
|
|
|
Commercial and industrial |
$ |
35 |
|
|
$ |
14 |
|
|
$ |
65 |
|
|
$ |
114 |
|
|
$ |
27,954 |
|
|
39 |
|
|
— |
|
|
$ |
28,107 |
|
|
$ |
9 |
|
(2) |
Commercial real estate |
10 |
|
|
1 |
|
|
11 |
|
|
22 |
|
|
7,201 |
|
|
2 |
|
|
— |
|
|
7,225 |
|
|
3 |
|
|
Automobile |
89 |
|
|
18 |
|
|
10 |
|
|
117 |
|
|
11,982 |
|
|
— |
|
|
1 |
|
|
12,100 |
|
|
7 |
|
|
Home equity |
49 |
|
|
19 |
|
|
60 |
|
|
128 |
|
|
9,969 |
|
|
— |
|
|
2 |
|
|
10,099 |
|
|
18 |
|
|
Residential mortgage |
129 |
|
|
48 |
|
|
118 |
|
|
295 |
|
|
8,642 |
|
|
— |
|
|
89 |
|
|
9,026 |
|
|
72 |
|
(3) |
RV and marine finance |
11 |
|
|
3 |
|
|
2 |
|
|
16 |
|
|
2,421 |
|
|
— |
|
|
1 |
|
|
2,438 |
|
|
1 |
|
|
Other consumer |
12 |
|
|
5 |
|
|
5 |
|
|
22 |
|
|
1,100 |
|
|
— |
|
|
— |
|
|
1,122 |
|
|
5 |
|
|
Total loans and leases |
$ |
335 |
|
|
$ |
108 |
|
|
$ |
271 |
|
|
$ |
714 |
|
|
$ |
69,269 |
|
|
$ |
41 |
|
|
$ |
93 |
|
|
$ |
70,117 |
|
|
$ |
115 |
|
|
|
|
(1) |
NALs are included in this aging analysis based on the loan’s past due status. |
|
|
(2) |
Amounts include Huntington Technology Finance administrative lease delinquencies. |
|
| ALLL and AULC activity by portfolio segment |
The following table presents ALLL and AULC activity by portfolio segment for the years ended December 31, 2018, 2017, and 2016:
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|
|
|
|
|
|
|
|
|
|
|
|
|
(dollar amounts in millions) |
|
Commercial |
|
Consumer |
|
Total |
Year ended December 31, 2018: |
|
|
|
|
|
|
ALLL balance, beginning of period |
|
$ |
482 |
|
|
$ |
209 |
|
|
$ |
691 |
|
Loan charge-offs |
|
(79 |
) |
|
(189 |
) |
|
(268 |
) |
Recoveries of loans previously charged-off |
|
65 |
|
|
58 |
|
|
123 |
|
Provision for loan and lease losses |
|
74 |
|
|
152 |
|
|
226 |
|
ALLL balance, end of period |
|
$ |
542 |
|
|
$ |
230 |
|
|
$ |
772 |
|
AULC balance, beginning of period |
|
$ |
84 |
|
|
$ |
3 |
|
|
$ |
87 |
|
|
Provision (reduction in allowance) for unfunded loan commitments
and letters of credit
|
|
10 |
|
|
(1 |
) |
|
9 |
|
AULC balance, end of period |
|
$ |
94 |
|
|
$ |
2 |
|
|
$ |
96 |
|
ACL balance, end of period |
|
$ |
636 |
|
|
$ |
232 |
|
|
$ |
868 |
|
|
|
|
|
|
|
|
Year ended December 31, 2017: |
|
|
|
|
|
|
ALLL balance, beginning of period |
|
$ |
451 |
|
|
$ |
187 |
|
|
$ |
638 |
|
Loan charge-offs |
|
(72 |
) |
|
(180 |
) |
|
(252 |
) |
Recoveries of loans previously charged-off |
|
41 |
|
|
52 |
|
|
93 |
|
Provision for loan and lease losses |
|
62 |
|
|
150 |
|
|
212 |
|
ALLL balance, end of period |
|
$ |
482 |
|
|
$ |
209 |
|
|
$ |
691 |
|
AULC balance, beginning of period |
|
$ |
87 |
|
|
$ |
11 |
|
|
$ |
98 |
|
|
Provision (reduction in allowance) for unfunded loan commitments
and letters of credit
|
|
(3 |
) |
|
(8 |
) |
|
(11 |
) |
AULC balance, end of period |
|
$ |
84 |
|
|
$ |
3 |
|
|
$ |
87 |
|
ACL balance, end of period |
|
$ |
566 |
|
|
$ |
212 |
|
|
$ |
778 |
|
|
|
|
|
|
|
|
Year ended December 31, 2016: |
|
|
|
|
|
|
ALLL balance, beginning of period |
|
$ |
399 |
|
|
$ |
199 |
|
|
$ |
598 |
|
Loan charge-offs |
|
(92 |
) |
|
(135 |
) |
|
(227 |
) |
Recoveries of loans previously charged-off |
|
73 |
|
|
45 |
|
|
118 |
|
Provision for loan and lease losses |
|
85 |
|
|
84 |
|
|
169 |
|
Allowance for loans sold or transferred to loans held for sale |
|
(14 |
) |
|
(6 |
) |
|
(20 |
) |
ALLL balance, end of period |
|
$ |
451 |
|
|
$ |
187 |
|
|
$ |
638 |
|
AULC balance, beginning of period |
|
$ |
64 |
|
|
$ |
8 |
|
|
$ |
72 |
|
|
Provision (reduction in allowance) for unfunded loan commitments
and letters of credit
|
|
19 |
|
|
3 |
|
|
22 |
|
AULC recorded at acquisition |
|
4 |
|
|
— |
|
|
4 |
|
AULC balance, end of period |
|
$ |
87 |
|
|
$ |
11 |
|
|
$ |
98 |
|
ACL balance, end of period |
|
$ |
538 |
|
|
$ |
198 |
|
|
$ |
736 |
|
|
| Loan and lease balances by credit quality indicator |
The following table presents each loan and lease class by credit quality indicator at December 31, 2018 and 2017:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2018 |
|
Credit Risk Profile by UCS Classification |
(dollar amounts in millions) |
Pass |
|
OLEM |
|
Substandard |
|
Doubtful |
|
Total |
Commercial and industrial |
$ |
28,807 |
|
|
$ |
518 |
|
|
$ |
1,269 |
|
|
$ |
11 |
|
|
$ |
30,605 |
|
Commercial real estate |
6,586 |
|
|
181 |
|
|
74 |
|
|
1 |
|
|
6,842 |
|
|
Credit Risk Profile by FICO Score (1), (2) |
|
750+ |
|
650-749 |
|
<650 |
|
Other (3) |
|
Total |
Automobile |
6,254 |
|
|
4,520 |
|
|
1,373 |
|
|
282 |
|
|
$ |
12,429 |
|
Home equity |
6,098 |
|
|
2,975 |
|
|
591 |
|
|
56 |
|
|
9,720 |
|
Residential mortgage |
7,159 |
|
|
2,801 |
|
|
612 |
|
|
78 |
|
|
10,650 |
|
RV and marine finance |
2,074 |
|
|
990 |
|
|
105 |
|
|
85 |
|
|
3,254 |
|
Other consumer |
501 |
|
|
633 |
|
|
129 |
|
|
57 |
|
|
1,320 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2017 |
|
Credit Risk Profile by UCS Classification |
(dollar amounts in millions) |
Pass |
|
OLEM |
|
Substandard |
|
Doubtful |
|
Total |
Commercial and industrial |
$ |
26,268 |
|
|
$ |
694 |
|
|
$ |
1,116 |
|
|
$ |
29 |
|
|
$ |
28,107 |
|
Commercial real estate |
6,909 |
|
|
200 |
|
|
115 |
|
|
1 |
|
|
7,225 |
|
|
Credit Risk Profile by FICO Score (1), (2) |
|
750+ |
|
650-749 |
|
<650 |
|
Other (3) |
|
Total |
Automobile |
6,102 |
|
|
4,312 |
|
|
1,390 |
|
|
295 |
|
|
$ |
12,099 |
|
Home equity |
6,352 |
|
|
3,024 |
|
|
617 |
|
|
104 |
|
|
10,097 |
|
Residential mortgage |
5,697 |
|
|
2,581 |
|
|
605 |
|
|
54 |
|
|
8,937 |
|
RV and marine finance |
1,433 |
|
|
863 |
|
|
96 |
|
|
45 |
|
|
2,437 |
|
Other consumer |
428 |
|
|
540 |
|
|
143 |
|
|
11 |
|
|
1,122 |
|
|
|
(1) |
Excludes loans accounted for under the fair value option. |
|
|
(2) |
Reflects updated customer credit scores. |
|
|
(3) |
Reflects deferred fees and costs, loans in process, etc. |
|
| Summarized data for impaired loans and the related ALLL by portfolio segment |
The following tables present the balance of the ALLL attributable to loans by portfolio segment individually and collectively evaluated for impairment and the related loan and lease balance for the years ended December 31, 2018 and 2017:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(dollar amounts in millions) |
|
Commercial |
|
Consumer |
|
Total |
ALLL at December 31, 2018 |
|
|
|
|
|
|
Portion of ALLL balance: |
|
|
|
|
|
|
Attributable to loans individually evaluated for impairment |
|
$ |
33 |
|
|
$ |
10 |
|
|
$ |
43 |
|
Attributable to loans collectively evaluated for impairment |
|
509 |
|
|
220 |
|
|
729 |
|
Total ALLL balance |
|
$ |
542 |
|
|
$ |
230 |
|
|
$ |
772 |
|
Loan and Lease Ending Balances at December 31, 2018 (1) |
|
|
|
|
|
|
Portion of loan and lease ending balance: |
|
|
|
|
|
|
Individually evaluated for impairment |
|
516 |
|
|
591 |
|
|
1,107 |
|
Collectively evaluated for impairment |
|
36,931 |
|
|
36,783 |
|
|
73,714 |
|
Total loans and leases evaluated for impairment |
|
$ |
37,447 |
|
|
$ |
37,374 |
|
|
$ |
74,821 |
|
|
|
(1) |
Excludes loans accounted for under the fair value option. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(dollar amounts in millions) |
|
Commercial |
|
Consumer |
|
Total |
ALLL at December 31, 2017 |
|
|
|
|
|
|
Portion of ALLL balance: |
|
|
|
|
|
|
Attributable to loans individually evaluated for impairment |
|
$ |
32 |
|
|
$ |
9 |
|
|
$ |
41 |
|
Attributable to loans collectively evaluated for impairment |
|
450 |
|
|
200 |
|
|
650 |
|
Total ALLL balance: |
|
$ |
482 |
|
|
$ |
209 |
|
|
$ |
691 |
|
Loan and Lease Ending Balances at December 31, 2017 (1) |
|
|
|
|
|
|
Portion of loan and lease ending balances: |
|
|
|
|
|
|
Attributable to purchased credit-impaired loans |
|
$ |
41 |
|
|
$ |
— |
|
|
$ |
41 |
|
Individually evaluated for impairment |
|
607 |
|
|
616 |
|
|
1,223 |
|
Collectively evaluated for impairment |
|
34,684 |
|
|
34,076 |
|
|
68,760 |
|
Total loans and leases evaluated for impairment |
|
$ |
35,332 |
|
|
$ |
34,692 |
|
|
$ |
70,024 |
|
|
| Detailed impaired loan information by class |
The following tables present by class the ending, unpaid principal balance, and the related ALLL, along with the average balance and interest income recognized only for impaired loans and leases for the years ended December 31, 2018 and 2017 (1):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended |
|
December 31, 2018 |
|
December 31, 2018 |
(dollar amounts in millions) |
Ending
Balance
|
|
Unpaid
Principal
Balance (6)
|
|
Related
Allowance (7)
|
|
Average
Balance
|
|
Interest
Income
Recognized
|
With no related allowance recorded: |
|
|
|
|
|
|
|
|
|
Commercial and industrial |
$ |
224 |
|
|
$ |
261 |
|
|
$ |
— |
|
|
$ |
256 |
|
|
$ |
22 |
|
Commercial real estate |
36 |
|
|
45 |
|
|
— |
|
|
47 |
|
|
8 |
|
|
|
|
|
|
|
|
|
|
|
With an allowance recorded: |
|
|
|
|
|
|
|
|
|
Commercial and industrial |
221 |
|
|
240 |
|
|
31 |
|
|
272 |
|
|
11 |
|
Commercial real estate |
35 |
|
|
39 |
|
|
2 |
|
|
45 |
|
|
2 |
|
Automobile |
38 |
|
|
42 |
|
|
2 |
|
|
37 |
|
|
2 |
|
Home equity |
314 |
|
|
356 |
|
|
10 |
|
|
326 |
|
|
14 |
|
Residential mortgage |
287 |
|
|
323 |
|
|
4 |
|
|
297 |
|
|
11 |
|
RV and marine finance |
2 |
|
|
3 |
|
|
— |
|
|
2 |
|
|
— |
|
Other consumer |
9 |
|
|
9 |
|
|
3 |
|
|
8 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
|
Commercial and industrial (3) |
445 |
|
|
501 |
|
|
31 |
|
|
528 |
|
|
33 |
|
Commercial real estate (4) |
71 |
|
|
84 |
|
|
2 |
|
|
92 |
|
|
10 |
|
Automobile (2) |
38 |
|
|
42 |
|
|
2 |
|
|
37 |
|
|
2 |
|
Home equity (5) |
314 |
|
|
356 |
|
|
10 |
|
|
326 |
|
|
14 |
|
Residential mortgage (5) |
287 |
|
|
323 |
|
|
4 |
|
|
297 |
|
|
11 |
|
RV and marine finance (2) |
2 |
|
|
3 |
|
|
— |
|
|
2 |
|
|
— |
|
Other consumer (2) |
9 |
|
|
9 |
|
|
3 |
|
|
8 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended |
|
December 31, 2017 |
|
December 31, 2017 |
(dollar amounts in millions) |
Ending
Balance
|
|
Unpaid
Principal
Balance (6)
|
|
Related
Allowance (7)
|
|
Average
Balance
|
|
Interest
Income
Recognized
|
With no related allowance recorded: |
|
|
|
|
|
|
|
|
|
Commercial and industrial |
$ |
284 |
|
|
$ |
311 |
|
|
$ |
— |
|
|
$ |
206 |
|
|
$ |
12 |
|
Commercial real estate |
56 |
|
|
81 |
|
|
— |
|
|
64 |
|
|
8 |
|
|
|
|
|
|
|
|
|
|
|
With an allowance recorded: |
|
|
|
|
|
|
|
|
|
Commercial and industrial |
257 |
|
|
280 |
|
|
29 |
|
|
292 |
|
|
16 |
|
Commercial real estate |
51 |
|
|
51 |
|
|
3 |
|
|
52 |
|
|
2 |
|
Automobile |
36 |
|
|
40 |
|
|
2 |
|
|
33 |
|
|
2 |
|
Home equity |
334 |
|
|
385 |
|
|
14 |
|
|
329 |
|
|
15 |
|
Residential mortgage |
308 |
|
|
338 |
|
|
4 |
|
|
325 |
|
|
12 |
|
RV and marine finance |
2 |
|
|
3 |
|
|
— |
|
|
1 |
|
|
— |
|
Other consumer |
8 |
|
|
8 |
|
|
2 |
|
|
5 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
|
Commercial and industrial (3) |
541 |
|
|
591 |
|
|
29 |
|
|
498 |
|
|
28 |
|
Commercial real estate (4) |
107 |
|
|
132 |
|
|
3 |
|
|
116 |
|
|
10 |
|
Automobile (2) |
36 |
|
|
40 |
|
|
2 |
|
|
33 |
|
|
2 |
|
Home equity (5) |
334 |
|
|
385 |
|
|
14 |
|
|
329 |
|
|
15 |
|
Residential mortgage (5) |
308 |
|
|
338 |
|
|
4 |
|
|
325 |
|
|
12 |
|
RV and marine finance (2) |
2 |
|
|
3 |
|
|
— |
|
|
1 |
|
|
— |
|
Other consumer (2) |
8 |
|
|
8 |
|
|
2 |
|
|
5 |
|
|
— |
|
|
|
(1) |
These tables do not include loans fully charged-off. |
|
|
(2) |
All automobile, RV and marine finance and other consumer impaired loans included in these tables are considered impaired due to their status as a TDR. |
|
|
(3) |
At December 31, 2018 and December 31, 2017, C&I loans of $366 million and $382 million, respectively, were considered impaired due to their status as a TDR.
|
|
|
(4) |
At December 31, 2018 and December 31, 2017, CRE loans of $60 million and $93 million, respectively, were considered impaired due to their status as a TDR.
|
|
|
(5) |
Includes home equity and residential mortgages considered impaired due to collateral dependent designation associated with their non-accrual status as well as home equity and mortgage loans considered impaired due to their status as a TDR. |
|
| Detailed troubled debt restructuring information by class |
The following table presents, by class and modification type, the number of contracts, post-modification outstanding balance, and the financial effects of the modification for the years ended December 31, 2018 and 2017.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
New Troubled Debt Restructurings (1) |
|
Year Ended December 31, 2018 |
|
Number of
Contracts |
|
Post-modification Outstanding Recorded Investment (2) |
(dollar amounts in millions) |
|
Interest rate reduction |
|
Amortization or maturity date change |
|
Chapter 7 bankruptcy |
|
Other |
|
Total |
Commercial and industrial |
725 |
|
|
$ |
— |
|
|
$ |
352 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
352 |
|
Commercial real estate |
102 |
|
|
— |
|
|
82 |
|
|
— |
|
|
— |
|
|
82 |
|
Automobile |
2,867 |
|
|
— |
|
|
15 |
|
|
8 |
|
|
— |
|
|
23 |
|
Home equity |
602 |
|
|
— |
|
|
25 |
|
|
11 |
|
|
— |
|
|
36 |
|
Residential mortgage |
345 |
|
|
— |
|
|
34 |
|
|
3 |
|
|
— |
|
|
37 |
|
RV and marine finance |
117 |
|
|
— |
|
|
— |
|
|
1 |
|
|
— |
|
|
1 |
|
Other consumer |
1,633 |
|
|
8 |
|
|
— |
|
|
— |
|
|
— |
|
|
8 |
|
Total new TDRs |
6,391 |
|
|
$ |
8 |
|
|
$ |
508 |
|
|
$ |
23 |
|
|
$ |
— |
|
|
$ |
539 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2017 |
|
Number of
Contracts |
|
Post-modification Outstanding Recorded Investment (2) |
(dollar amounts in millions) |
|
Interest rate reduction |
|
Amortization or maturity date change |
|
Chapter 7 bankruptcy |
|
Other |
|
Total |
Commercial and industrial |
1,047 |
|
|
$ |
1 |
|
|
$ |
600 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
601 |
|
Commercial real estate |
111 |
|
|
— |
|
|
122 |
|
|
— |
|
|
— |
|
|
122 |
|
Automobile |
2,741 |
|
|
— |
|
|
15 |
|
|
8 |
|
|
— |
|
|
23 |
|
Home equity |
922 |
|
|
2 |
|
|
33 |
|
|
11 |
|
|
4 |
|
|
50 |
|
Residential mortgage |
453 |
|
|
— |
|
|
40 |
|
|
7 |
|
|
2 |
|
|
49 |
|
RV and marine finance |
131 |
|
|
— |
|
|
1 |
|
|
1 |
|
|
— |
|
|
2 |
|
Other consumer |
1,340 |
|
|
— |
|
|
6 |
|
|
— |
|
|
— |
|
|
6 |
|
Total new TDRs |
6,745 |
|
|
$ |
3 |
|
|
$ |
817 |
|
|
$ |
27 |
|
|
$ |
6 |
|
|
$ |
853 |
|
|
|
(1) |
TDRs may include multiple concessions. The disclosure classifications are based on the primary concession provided to the borrower. |
|
|
(2) |
Post-modification balances approximate pre-modification balances. The aggregate amount of charge-offs as a result of a restructuring are not significant. |
|