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## Nonaccrual loans 

The following table presents changes in consumer, excluding credit card, nonaccrual loans for the years ended December 31, 2020 and 2019. 

## Nonaccrual loan activity (a) 

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(a) In the third quarter of 2020, the Firm reclassified certain fair value option elected lending-related positions from trading assets to loans. Prior-period amounts have been revised to conform with the current presentation. (b) Other reductions includes loan sales. 

(c) 

Includes loans to customers that have exited COVID-19 payment deferral programs and are 90 or more days past due, predominantly all of which were also at least 150 days past due and therefore considered collateral-dependent. Collateral-dependent loans are charged down to the lower of amortized cost or fair value of the underlying collateral less costs to sell. 

## Active and suspended foreclosure: Refer to Note 12 for 

information on loans that were in the process of active or suspended foreclosure. 

Refer to Note 12 for further information about the consumer credit portfolio, including information about delinquencies, loan modifications and other credit quality indicators. 

## Purchased credit deteriorated (“PCD”) loans 

The following tables provide credit-related information for PCD loans, which were accounted for as PCI loans prior to the adoption of CECL. PCI loans are considered PCD loans under CECL and are subject to the Firm’s nonaccrual and charge-off policies. PCD loans are now reported in the consumer, excluding credit card portfolio’s residential real estate class. Refer to Note 1 for further information. 

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(a) At December 31, 2020, loans under payment deferral programs offered in response to the COVID-19 pandemic which are still within their deferral period and performing according to their modified terms are generally not considered delinquent. (b) Includes loans to customers that have exited COVID-19 payment deferral 

programs and are 150 or more days past due and therefore considered collateral-dependent. Collateral dependent loans are charged down to the lower of amortized cost or fair value of the underlying collateral less costs to sell. (c) Includes loans to customers that have exited COVID-19 payment deferral 

programs and are 90 or more days past due, predominantly all of which were also at least 150 days past due and therefore considered collateral-dependent. 

