Nonaccrual loans Active and suspended foreclosure:  Refer to Note 12 for Year ended December 31, (in millions) 2020 2019 Beginning balance $ 3,366 $ 3,853  Additions: PCD loans, upon adoption of CECL 708 NA Other additions 5,184 2,174  Total additions 5,892 2,174 Reductions: Principal payments and other 983 1,167  Charge-offs 390 371  Returned to performing status 1,024 751  Foreclosures and other liquidations 394 372  Total reductions 2,791 2,661  Net changes 3,101 (487) Ending balance $ 6,467 $ 3,366  (c) (b) (in millions, except ratios) December 31, 2020 December 31, 2019 Loan delinquency Current $ 16,036 $ 18,571  30-149 days past due 432 970  150 or more days past due 573 822  Total PCD loans $ 17,041 $ 20,363  % of 30+ days past due to total retained PCD loans 5.90 % 8.80 % Nonaccrual loans $ 1,609 NA (in millions, except ratios) Twelve months ended December 31, 2020 Net charge-offs $ 74 Net charge-off rate 0.39 % (a) (b) (c) Nonaccrual loan activity (a) The following table presents changes in consumer, excluding credit card, nonaccrual loans for the years ended December 31, 2020 and 2019. 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. Purchased credit deteriorated (“PCD”) loans (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. (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. 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. 119 JPMorgan Chase & Co./2020 Form 10-K