Fifth Third Bank 2014 Annual Report Download - page 109

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
107 Fifth Third Bancorp
Age Analysis of Past Due Loans and Leases
The following tables summarize the Bancorp’s recorded investment in portfolio loans and leases by age and class:
Past Due
Current 90 Days 90 Days Past
A
s of December 31, 2014 Loans and 30-89 and Total Total Loans Due and Still
($ in millions) Leases(c) Days(c) Greater(c) Past Due and Leases Accruing
Commercial:
Commercial and industrial loans $40,651 29 85 114 40,765 -
Commercial mortgage owner-occupied loans 3,774 7 53 60 3,834 -
Commercial mortgage nonowner-occupied loans 3,537 11 17 28 3,565 -
Commercial construction loans 2,069 - - - 2,069 -
Commercial leases 3,717 3 - 3 3,720 -
Residential mortgage loans(a)(b) 12,109 38 134 172 12,281 56
Consumer:
Home equity 8,710 100 76 176 8,886 -
A
utomobile loans 11,953 74 10 84 12,037 8
Credit card 2,335 34 32 66 2,401 23
Other consumer loans and leases 417 1 - 1 418 -
Total portfolio loans and leases(a) $ 89,272 297 407 704 89,976 87
(a) Excludes
$108
of loans measured at fair value.
(b) Information for current residential mortgage loans includes loans whose repayments are insured by the FHA or guaranteed by the VA. As of December 31, 2014,
$99
of these loans were 30-89
days past due and
$373
were 90 days or more past due. The Bancorp recognized
$14
of losses for the year ended December 31, 2014 due to claim denials and curtailments associated with these
insured or guaranteed loans.
(c) Includes accrual and nonaccrual loans and leases.
Past Due
Current 90 Days 90 Days Past
A
s of December 31, 2013 Loans and 30-89 and Total Total Loans Due and Still
($ in millions) Leases(c) Days(c) Greater(c) Past Due and Leases Accruing
Commercial:
Commercial and industrial loans $39,118 53 145 198 39,316 -
Commercial mortgage owner-occupied loans 4,423 15 69 84 4,507 -
Commercial mortgage nonowner-occupied loans 3,515 9 35 44 3,559 -
Commercial construction loans 1,010 - 29 29 1,039 -
Commercial leases 3,620 - 5 5 3,625 -
Residential mortgage loans(a)(b) 12,284 73 231 304 12,588 66
Consumer:
Home equity 9,058 102 86 188 9,246 -
A
utomobile loans 11,919 55 10 65 11,984 8
Credit card 2,225 36 33 69 2,294 29
Other consumer loans and leases 362 2 - 2 364 -
Total portfolio loans and leases(a) $ 87,534 345 643 988 88,522 103
(a) Excludes $92 of loans measured at fair value.
(b) Information for current residential mortgage loans includes loans whose repayments are insured by the FHA or guaranteed by the VA. As of December 31, 2013, $81 of these loans were 30-89
days past due and $378 were 90 days or more past due. The Bancorp recognized $5 of losses for the year ended December 31, 2013 due to claim denials and curtailments associated with these
insured or guaranteed loans.
(c) Includes accrual and nonaccrual loans and leases.