Fifth Third Bank 2014 Annual Report Download - page 111

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
109 Fifth Third Bancorp
Unpaid
2013 Principal Recorded
($ in millions) Balance Investment ALLL
W
ith a related ALLL recorded:
Commercial:
Commercial and industrial loans $870 759 145
Commercial mortgage owner-occupied loans(b) 85 74 11
Commercial mortgage nonowner-occupied loans 154 134 14
Commercial construction loans 68 54 5
Commercial leases 12 12 -
Restructured residential mortgage loans 1,081 1,052 139
Restructured consumer:
Home equity 377 373 39
A
utomobile loans 23 23 3
Credit card 59 58 11
Total impaired loans and leases with a related ALLL $2,729 2,539 367
W
ith no related ALLL recorded:
Commercial:
Commercial and industrial loans $181 177 -
Commercial mortgage owner-occupied loans 106 98 -
Commercial mortgage nonowner-occupied loans 154 147 -
Commercial construction loans 77 63 -
Commercial leases 14 14 -
Restructured residential mortgage loans 313 273 -
Restructured consumer:
Home equity 43 39 -
A
utomobile loans 3 3 -
Total impaired loans and leases with no related ALLL 891 814 -
Total impaired loans and leases $3,620 3,353 a(a) 367
(a) Includes $869, $1,241 and $444, respectively, of commercial, residential mortgage and consumer TDRs on accrual status; $228, $84 and $52, respectively, of commercial, residential mortgage and
consumer TDRs on nonaccrual status.
(b) Excludes five restructured nonaccrual loans at December 31, 2013 associated with a consolidated VIE, in which the Bancorp has no continuing credit risk due to the risk being assumed by a third
party, with an unpaid principal balance of $28, a recorded investment of $28, and an allowance of $11.
The following table summarizes the Bancorp’s average impaired loans and leases (by class) and interest income (by class) for the year ended
December 31:
2014 2013 2012
Average Interest Average Interest Average Interest
Recorded Income Recorded Income Recorded Income
($ in millions) Investment Recognized Investment Recognized Investment Recognized
Commercial:
Commercial and industrial loans $786 25 517 16 448 4
Commercial mortgage owner-occupied loans(a) 149 4 146 4 156 4
Commercial mortgage nonowner-occupied loans 268 8 321 8 361 10
Commercial construction loans 92 2 108 4 160 2
Commercial leases 13 - 11 - 10 -
Restructured residential mortgage loans 1,273 54 1,311 53 1,276 47
Restructured consumer:
Home equity 394 20 429 23 439 24
A
utomobile loans 24 1 29 1 38 1
Credit card 62 5 68 4 80 4
Other consumer loans and leases - - 2 - 1 -
Total impaired loans and leases $ 3,061 119 2,942 113 2,969 96
(a) Excludes five restructured nonaccrual loans at
December 31, 2014
associated with a consolidated VIE, in which the Bancorp has no continuing credit risk due to the risk being assumed by a
third party, with an average recorded investment of
$28
for the years ended
December 31, 2014
and 2013 and an immaterial amount of interest income recognized for the years ended
December 31, 2014
and 2013.