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Loans
 12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Loans following table presents the distribution of Regions' loan portfolio by segment and class, net of unearned income as of December 31:
 
2019
 
2018
 
(In millions)
Commercial and industrial
$
39,971

 
$
39,282

Commercial real estate mortgage—owner-occupied
5,537

 
5,549

Commercial real estate construction—owner-occupied
331

 
384

Total commercial
45,839

 
45,215

Commercial investor real estate mortgage
4,936

 
4,650

Commercial investor real estate construction
1,621

 
1,786

Total investor real estate
6,557

 
6,436

Residential first mortgage
14,485

 
14,276

Home equity
8,384

 
9,257

Indirect—vehicles
1,812

 
3,053

Indirect—other consumer
3,249

 
2,349

Consumer credit card
1,387

 
1,345

Other consumer
1,250

 
1,221

Total consumer
30,567

 
31,501

Total loans, net of unearned income (1)
$
82,963

 
$
83,152


_________
(1)
Loans are presented net of unearned income, unamortized discounts and premiums and net deferred loan costs of $11 million and $(4) million at December 31, 2019 and 2018, respectively.
During 2019 and 2018, Regions purchased approximately $1.5 billion and $503 million in indirect-other consumer and commercial and industrial loans from third parties, respectively.
In January 2019, Regions decided to discontinue its indirect auto lending business due to margin compression impacting overall returns on the portfolio.  Regions ceased originating new indirect auto loans in the first quarter of 2019 and completed any in-process indirect auto loan closings by the end of the second quarter of 2019. The Company will remain in the direct auto lending business.
At December 31, 2019, $21.6 billion in securities and net eligible loans held by Regions were pledged to secure current and potential borrowings from the FHLB. At December 31, 2019, an additional $22.7 billion in net eligible loans held by Regions were pledged to the FRB for potential borrowings.
See Note 14 for details regarding Regions’ investment in sales-type, direct financing, and leveraged leases included within the commercial and industrial loan portfolio.