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2003 Annual Report: Financial Review: Statistical Financial Information: Table XII Nonperforming Assets

Table XII

Nonperforming Assets(1)

December 31
(Dollars in millions) 2003 2002 2001 2000 1999
Nonperforming loans
Commercial - domestic $ 1,507 $ 2,781 $ 3,123 $ 2,777 $ 1,163
Commercial - foreign 586 1,359 461 486 486
Commercial real estate - domestic 140 161 240 236 191
Commercial real estate - foreign 2 3 3 3 3
     Total commercial 2,235 4,304 3,827 3,502 1,843
Residential mortgage 531 612 556 551 529
Home equity lines 43 66 80 32 46
Direct/Indirect consumer 28 30 27 19 19
Consumer finance 32 19 9 1,095 598
Foreign consumer 4 6 7 9 7
     Total consumer 638 733 679 1,706 1,199
          Total nonperforming loans 2,873 5,037 4,506 5,208 3,042
Foreclosed properties 148 225 402 249 163
          Total nonperforming assets $ 3,021 $ 5,262 $ 4,908 $ 5,457 $ 3,205
Nonperforming assets as a percentage of:
     Total assets 0.41 % 0.80 % 0.79 % 0.85 % 0.51 %
     Outstanding loans, leases and foreclosed properties 0.81 1.53 1.49 1.39 0.86
Nonperforming loans as a percentage of outstanding loans and leases 0.77 1.47 1.37 1.33 0.82
(1)  In 2003, $575 in interest income was contractually due on nonperforming loans and troubled debt restructured loans. Of this amount, $141 was actually recorded as interest income in 2003.


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