Bank of America 2015 Annual Report Download - page 113

Bank of America 2015 111
Table IV Outstanding Loans and Leases
December 31
(Dollars in millions) 2015 2014 2013 2012 2011
Consumer
Residential mortgage (1) $ 187,911 $216,197 $248,066 $252,929 $ 273,228
Home equity 75,948 85,725 93,672 108,140 124,856
U.S. credit card 89,602 91,879 92,338 94,835 102,291
Non-U.S. credit card 9,975 10,465 11,541 11,697 14,418
Direct/Indirect consumer (2) 88,795 80,381 82,192 83,205 89,713
Other consumer (3) 2,067 1,846 1,977 1,628 2,688
Total consumer loans excluding loans accounted for under the fair value option 454,298 486,493 529,786 552,434 607,194
Consumer loans accounted for under the fair value option (4) 1,871 2,077 2,164 1,005 2,190
Total consumer 456,169 488,570 531,950 553,439 609,384
Commercial
U.S. commercial (5) 265,647 233,586 225,851 209,719 193,199
Commercial real estate (6) 57,199 47,682 47,893 38,637 39,596
Commercial lease financing 27,370 24,866 25,199 23,843 21,989
Non-U.S. commercial 91,549 80,083 89,462 74,184 55,418
Total commercial loans excluding loans accounted for under the fair value option 441,765 386,217 388,405 346,383 310,202
Commercial loans accounted for under the fair value option (4) 5,067 6,604 7,878 7,997 6,614
Total commercial 446,832 392,821 396,283 354,380 316,816
Total loans and leases $ 903,001 $881,391 $928,233 $907,819 $ 926,200
(1) Includes pay option loans of $2.3 billion, $3.2 billion, $4.4 billion, $6.7 billion and $9.9 billion, and non-U.S. residential mortgage loans of $2 million, $2 million, $0, $93 million and $85 million at
December 31, 2015, 2014, 2013, 2012 and 2011, respectively. The Corporation no longer originates pay option loans.
(2) Includes auto and specialty lending loans of $42.6 billion, $37.7 billion, $38.5 billion, $35.9 billion and $43.0 billion, unsecured consumer lending loans of $886 million, $1.5 billion, $2.7 billion,
$4.7 billion and $8.0 billion, U.S. securities-based lending loans of $39.8 billion, $35.8 billion, $31.2 billion, $28.3 billion and $23.6 billion, non-U.S. consumer loans of $3.9 billion, $4.0 billion,
$4.7 billion, $8.3 billion and $7.6 billion, student loans of $564 million, $632 million, $4.1 billion, $4.8 billion and $6.0 billion, and other consumer loans of $1.0 billion, $761 million, $1.0 billion,
$1.2 billion and $1.5 billion at December 31, 2015, 2014, 2013, 2012 and 2011, respectively.
(3) Includes consumer finance loans of $564 million, $676 million, $1.2 billion, $1.4 billion and $1.7 billion, consumer leases of $1.4 billion, $1.0 billion, $606 million, $34 million and $0, consumer
overdrafts of $146 million, $162 million, $176 million, $177 million and $103 million, and other non-U.S. consumer loans of $4 million, $3 million, $5 million, $5 million and $929 million at
December 31, 2015, 2014, 2013, 2012 and 2011, respectively.
(4) Consumer loans accounted for under the fair value option were residential mortgage loans of $1.6 billion, $1.9 billion, $2.0 billion, $1.0 billion and $2.2 billion, and home equity loans of $250
million, $196 million, $147 million, $0 and $0 at December 31, 2015, 2014, 2013, 2012 and 2011, respectively. Commercial loans accounted for under the fair value option were U.S. commercial
loans of $2.3 billion, $1.9 billion, $1.5 billion, $2.3 billion and $2.2 billion, and non-U.S. commercial loans of $2.8 billion, $4.7 billion, $6.4 billion, $5.7 billion and $4.4 billion at December 31,
2015, 2014, 2013, 2012 and 2011, respectively.
(5) Includes U.S. small business commercial loans, including card-related products, of $12.9 billion, $13.3 billion, $13.3 billion, $12.6 billion and $13.3 billion at December 31, 2015, 2014, 2013,
2012 and 2011, respectively.
(6) Includes U.S. commercial real estate loans of $53.6 billion, $45.2 billion, $46.3 billion, $37.2 billion and $37.8 billion, and non-U.S. commercial real estate loans of $3.5 billion, $2.5 billion, $1.6
billion, $1.5 billion and $1.8 billion at December 31, 2015, 2014, 2013, 2012 and 2011, respectively.