US Bank 2014 Annual Report Download - page 106

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Additional information on impaired loans for the years ended December 31 follows:
(Dollars in Millions)
Average
Recorded
Investment
Interest
Income
Recognized
2014
Commercial ...................................................................................................... $ 414 $ 9
Commercial real estate ........................................................................................... 592 26
Residential mortgages ............................................................................................ 2,742 140
Credit card ........................................................................................................ 273 9
Other retail ....................................................................................................... 377 17
Total impaired loans, excluding GNMA and covered loans ...................................................... 4,398 201
Loans purchased from GNMA mortgage pools .................................................................... 2,609 124
Covered loans..................................................................................................... 334 15
Total ........................................................................................................... $7,341 $340
2013
Commercial ...................................................................................................... $ 382 $ 29
Commercial real estate ........................................................................................... 889 39
Residential mortgages ............................................................................................ 2,749 134
Credit card ........................................................................................................ 366 16
Other retail ....................................................................................................... 424 24
Total impaired loans, excluding GNMA and covered loans ...................................................... 4,810 242
Loans purchased from GNMA mortgage pools .................................................................... 1,967 100
Covered loans..................................................................................................... 561 27
Total ........................................................................................................... $7,338 $369
2012
Commercial ...................................................................................................... $ 470 $ 18
Commercial real estate ........................................................................................... 1,314 43
Residential mortgages ............................................................................................ 2,717 130
Credit card ........................................................................................................ 510 28
Other retail ....................................................................................................... 301 19
Total impaired loans, excluding GNMA and covered loans ...................................................... 5,312 238
Loans purchased from GNMA mortgage pools .................................................................... 1,448 73
Covered loans..................................................................................................... 980 29
Total ........................................................................................................... $7,740 $340
104