Total loans and leases came to a standstill at the 10 largest U.S. banks by assets during the third quarter, as the wider industry posted a 0.8% gain.

Among the Big Four U.S. banks, JPMorgan Chase Bank NA posted a 0.6% quarter-over-quarter increase in loans and Citibank NA grew loans 0.1%. Loans at Bank of America NA fell 0.6% and at Wells Fargo Bank NA declined 0.7%.

During Bank of America Corp.'s third-quarter earnings call, CFO Paul Donofrio said the company's loan growth was affected by runoff and the sale of noncore consumer real estate loans. Wells Fargo & Co. CFO John Shrewsberry said his company's loans fell due to strategic loan sales, continued declines in commercial real estate, lower auto originations and runoff in legacy junior-lien mortgages, according to a transcript of the company's third-quarter call.

There were some bright spots during the quarter. Among the 10 largest U.S. banks, multifamily loans, consumer loans and first-lien mortgages all increased quarter over quarter.

However, home equity loans dropped another 3.3% in the third quarter and have fallen over 13% year over year.

This analysis includes US Bank NA, PNC Bank NA, TD Bank NA, Capital One NA, Branch Banking and Trust Co., SunTrust Bank and the Big 4 U.S. banks.

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