Fifth Third Bank 2013 Annual Report Download - page 108

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
106 Fifth Third Bancorp
The following tables provide a summary of the ALLL and related loans and leases classified by portfolio segment:
Residential
A
s of December 31, 2013 ($ in millions) Commercial Mortgage Consumer Unallocated Total
A
LLL:(a)
Individually evaluated for impairment $ 186 a (c) 139 53 - 378
Collectively evaluated for impairment 872 50 172 - 1,094
Unallocated - - - 110 110
Total ALLL $ 1,058 189 225 110 1,582
Loans and leases:(b)
Individually evaluated for impairment $ 1,560 a (c) 1,325 496 - 3,381
Collectively evaluated for impairment 50,486 11,259 23,392 - 85,137
Loans acquired with deteriorated credit quality - 4 - - 4
Total portfolio loans and leases $ 52,046 12,588 23,888 - 88,522
(a) Includes
$9
related to leveraged leases.
(b) Excludes
$92
of residential mortgage loans measured at fair value, and includes
$881
of leveraged leases, net of unearned income.
(c) Includes five restructured nonaccrual loans at
December 31, 2013
associated with a consolidated variable interest entity, in which the Bancorp has no continuing credit risk due to the risk being
assumed by a third party, with a recorded investment of
$28
and an allowance of
$11
.
Residential
A
s of December 31, 2012 ($ in millions) Commercial Mortgage Consumer Unallocated Total
A
LLL:(a)
Individually evaluated for impairment $ 95 137 62 - 294
Collectively evaluated for impairment 1,140 91 216 - 1,447
Loans acquired with deteriorated credit quality 1 1 - - 2
Unallocated - - - 111 111
Total ALLL $ 1,236 229 278 111 1,854
Loans and leases:(b)
Individually evaluated for impairment $ 980 1,298 544 - 2,822
Collectively evaluated for impairment 48,407 10,637 23,833 - 82,877
Loans acquired with deteriorated credit quality 1 6 - - 7
Total portfolio loans and leases $ 49,388 11,941 24,377 - 85,706
(a) Includes $11 related to leveraged leases.
(b) Excludes $76 of residential mortgage loans measured at fair value, and includes $862 of leveraged leases, net of unearned income.