SunTrust 2014 Annual Report Download - page 125

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Notes to Consolidated Financial Statements, continued
102
Year Ended December 31
2014 2013 2012
(Dollars in millions)
Average
Amortized
Cost
Interest
Income
Recognized1
Average
Amortized
Cost
Interest
Income
Recognized1
Average
Amortized
Cost
Interest
Income
Recognized1
Impaired loans with no related allowance recorded:
Commercial loans:
C&I $84 $1 $75 $1 $48 $1
CRE 11 1 60 2 9 —
Commercial construction — — — — 45 1
Total commercial loans 95 2 135 3 102 2
Residential loans:
Residential mortgages - nonguaranteed 437 17 449 18 512 15
Residential construction 12 — 21 1 53 1
Total residential loans 449 17 470 19 565 16
Impaired loans with an allowance recorded:
Commercial loans:
C&I 16 1 45 1 51 1
CRE 5 — 3 — 9 —
Commercial construction — — 5 — 4 —
Total commercial loans 21 1 53 1 64 1
Residential loans:
Residential mortgages - nonguaranteed 1,357 78 1,576 76 1,551 68
Home equity products 644 27 649 23 627 26
Residential construction 144 8 172 10 156 9
Total residential loans 2,145 113 2,397 109 2,334 103
Consumer loans:
Other direct 14 — 15 1 15 1
Indirect 113 5 89 4 50 2
Credit cards 10 1 16 1 24 2
Total consumer loans 137 6 120 6 89 5
Total impaired loans $2,847 $139 $3,175 $138 $3,154 $127
1 Of the interest income recognized during the year ended December 31, 2014, 2013, and 2012, cash basis interest income was $4 million, $10 million, and $18 million, respectively.