Bank of America 2007 Annual Report Download - page 102

Table III Outstanding Loans and Leases
(Dollars in millions)
December 31
2007 2006 2005 2004 2003
Consumer
Residential mortgage $274,949 $241,181 $182,596 $178,079 $140,483
Credit card – domestic 65,774 61,195 58,548 51,726 34,814
Credit card – foreign 14,950 10,999 – – –
Home equity
(1)
114,834 87,893 70,229 57,439 27,507
Direct/Indirect consumer
(1, 2)
76,844 59,378 37,407 33,257 29,799
Other consumer
(1, 3)
3,850 5,059 6,677 7,382 7,526
Total consumer 551,201 465,705 355,457 327,883 240,129
Commercial
Commercial – domestic
(4)
208,297 161,982 140,533 122,095 91,491
Commercial real estate
(5)
61,298 36,258 35,766 32,319 19,367
Commercial lease financing 22,582 21,864 20,705 21,115 9,692
Commercial – foreign 28,376 20,681 21,330 18,401 10,754
Total commercial loans measured at historical cost 320,553 240,785 218,334 193,930 131,304
Commercial loans measured at fair value
(6)
4,590 n/a n/a n/a n/a
Total commercial 325,143 240,785 218,334 193,930 131,304
Total loans and leases $876,344 $706,490 $573,791 $521,813 $371,433
(1) Home equity loan balances previously included in direct/indirect consumer and other consumer were reclassified to home equity to conform to current year presentation. Additionally, certain foreign consumer balances were
reclassified from other consumer to direct/indirect consumer to conform to current year presentation.
(2) Includes foreign consumer loans of $3.4 billion, $3.9 billion, $48 million, $57 million, and $31 million at December 31, 2007, 2006, 2005, 2004, and 2003, respectively.
(3) Includes other foreign consumer loans of $829 million, $2.3 billion, $3.8 billion, $3.5 billion, and $1.9 billion at December 31, 2007, 2006, 2005, 2004, and 2003, respectively; consumer finance loans of $3.0 billion, $2.8
billion, $2.8 billion, $3.4 billion, and $3.9 billion at December 31, 2007, 2006, 2005, 2004, and 2003, respectively; and consumer lease financing of $481 million and $1.7 billion at December 31, 2004 and 2003.
(4) Includes small business commercial—domestic loans, primarily card related, of $17.8 billion, $13.7 billion, $7.2 billion, $5.4 billion, and $2.7 billion at December 31, 2007, 2006, 2005, 2004 and 2003, respectively.
(5) Includes domestic commercial real estate loans of $60.2 billion, $35.7 billion, $35.2 billion, $31.9 billion, and $19.0 billion at December 31, 2007, 2006, 2005, 2004, and 2003, respectively; and foreign commercial real
estate loans of $1.1 billion, $578 million, $585 million, $440 million, and $324 million at December 31, 2007, 2006, 2005, 2004, and 2003, respectively.
(6) Certain commercial loans are measured at fair value in accordance with SFAS 159 and include commercial – domestic loans of $3.5 billion, commercial – foreign loans of $790 million and commercial real estate loans of
$304 million at December 31, 2007. See Note 19 – Fair Value Disclosures to the Consolidated Financial Statements for additional discussion of fair value for certain financial instruments.
n/a = not applicable
100 Bank of America 2007