Loans and leases and the allowance for credit losses (Tables)

9 Months Ended

Sep. 30, 2024

Summary of Current, Past Due and Nonaccrual Loans

A summary of current, past due and nonaccrual loans as of September 30, 2024 and December 31, 2023 follows:


(Dollars in millions)	Current		30-89 Days Past Due		Accruing Loans Past Due 90 Days or More		Nonaccrual		Total
September 30, 2024
Commercial and industrial	$	59,926	$	265	$	11	$	810	$	61,012
Real estate:
Commercial (a)	21,560		231		2		578		22,371
Residential builder and developer	981		9		—		2		992
Other commercial construction	5,123		113		—		84		5,320
Residential (b)	21,042		667		268		219		22,196
Residential — limited documentation	737		29		—		57		823
Consumer:
Home equity lines and loans	4,464		30		—		82		4,576
Recreational finance	11,621		90		—		28		11,739
Automobile	4,680		52		—		11		4,743
Other	2,066		20		7		55		2,148
Total	$	132,200	$	1,506	$	288	$	1,926	$	135,920

December 31, 2023
Commercial and industrial	$	56,091	$	238	$	11	$	670	$	57,010
Real estate:
Commercial (a)	24,072		311		25		869		25,277
Residential builder and developer	1,065		5		—		3		1,073
Other commercial construction	6,322		159		1		171		6,653
Residential (b)	21,080		763		295		215		22,353
Residential — limited documentation	825		31		—		55		911
Consumer:
Home equity lines and loans	4,528		40		—		81		4,649
Recreational finance	9,935		87		—		36		10,058
Automobile	3,918		60		—		14		3,992
Other	2,003		30		7		52		2,092
Total	$	129,839	$	1,724	$	339	$	2,166	$	134,068

_______________________________________________________________

(a)Commercial real estate loans held for sale were $716 million at September 30, 2024 and $189 million at December 31, 2023.

(b)One-to-four family residential mortgage loans held for sale were $242 million at September 30, 2024 and $190 million at December 31, 2023.

Summary of Loan grades applied various classes of Commercial and Real Estate Loans

The following table summarizes the loan grades applied at September 30, 2024 to the various classes of the Company’s commercial and industrial loans and commercial real estate loans and gross charge-offs for those types of loans for the three-month and nine-month periods ended September 30, 2024 by origination year.


	Term Loans by Origination Year												Revolving Loans		Revolving Loans Converted to Term Loans		Total
(Dollars in millions)	2024		2023		2022		2021		2020		Prior
Commercial and industrial:
Pass	$	6,885	$	7,018	$	6,491	$	3,825	$	1,802	$	5,440	$	25,290	$	78	$	56,829
Criticized accrual	128		400		419		218		122		641		1,408		37		3,373
Criticized nonaccrual	7		56		82		46		67		274		260		18		810
Total commercial and industrial	$	7,020	$	7,474	$	6,992	$	4,089	$	1,991	$	6,355	$	26,958	$	133	$	61,012
Gross charge-offs three months ended September 30, 2024	$	3	$	10	$	25	$	4	$	2	$	8	$	12	$	—	$	64
Gross charge-offs nine months ended September 30, 2024	$	4	$	24	$	44	$	19	$	12	$	22	$	95	$	—	$	220
Real estate:
Commercial:
Pass	$	1,003	$	1,648	$	1,296	$	1,190	$	1,861	$	10,308	$	383	$	—	$	17,689
Criticized accrual	5		308		752		323		648		2,044		24		—		4,104
Criticized nonaccrual	—		1		51		32		36		457		1		—		578
Total commercial real estate	$	1,008	$	1,957	$	2,099	$	1,545	$	2,545	$	12,809	$	408	$	—	$	22,371
Gross charge-offs three months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	24	$	—	$	—	$	24
Gross charge-offs nine months ended September 30, 2024	$	—	$	4	$	—	$	—	$	5	$	67	$	—	$	—	$	76
Residential builder and developer:
Pass	$	333	$	323	$	78	$	19	$	4	$	11	$	101	$	—	$	869
Criticized accrual	9		43		46		6		—		16		1		—		121
Criticized nonaccrual	—		—		—		1		—		1		—		—		2
Total residential builder and developer	$	342	$	366	$	124	$	26	$	4	$	28	$	102	$	—	$	992
Gross charge-offs three months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Gross charge-offs nine months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	2	$	—	$	—	$	2
Other commercial construction:
Pass	$	68	$	1,290	$	1,213	$	283	$	161	$	339	$	46	$	—	$	3,400
Criticized accrual	19		87		673		454		311		284		8		—		1,836
Criticized nonaccrual	—		—		5		9		49		21		—		—		84
Total other commercial construction	$	87	$	1,377	$	1,891	$	746	$	521	$	644	$	54	$	—	$	5,320
Gross charge-offs three months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Gross charge-offs nine months ended September 30, 2024	$	—	$	—	$	2	$	—	$	—	$	10	$	2	$	—	$	14

The following table summarizes the loan grades applied at December 31, 2023 to the various classes of the Company’s commercial and industrial loans and commercial real estate loans by origination year.


	Term Loans by Origination Year												Revolving Loans		Revolving Loans Converted to Term Loans
(Dollars in millions)	2023		2022		2021		2020		2019		Prior						Total
Commercial and industrial:
Pass	$	8,689	$	8,087	$	4,800	$	2,248	$	2,169	$	4,843	$	22,345	$	70	$	53,251
Criticized accrual	292		279		277		142		127		481		1,460		31		3,089
Criticized nonaccrual	29		68		56		75		36		150		243		13		670
Total commercial and industrial	$	9,010	$	8,434	$	5,133	$	2,465	$	2,332	$	5,474	$	24,048	$	114	$	57,010
Real estate:
Commercial:
Pass	$	2,048	$	1,742	$	1,367	$	2,011	$	3,059	$	8,491	$	440	$	—	$	19,158
Criticized accrual	227		891		465		456		966		2,238		7		—		5,250
Criticized nonaccrual	—		46		3		113		93		611		3		—		869
Total commercial real estate	$	2,275	$	2,679	$	1,835	$	2,580	$	4,118	$	11,340	$	450	$	—	$	25,277
Residential builder and developer:
Pass	$	530	$	252	$	41	$	6	$	2	$	12	$	116	$	—	$	959
Criticized accrual	1		18		30		—		59		—		3		—		111
Criticized nonaccrual	—		—		3		—		—		—		—		—		3
Total residential builder and developer	$	531	$	270	$	74	$	6	$	61	$	12	$	119	$	—	$	1,073
Other commercial construction:
Pass	$	813	$	1,366	$	651	$	373	$	646	$	187	$	30	$	—	$	4,066
Criticized accrual	53		391		390		691		565		326		—		—		2,416
Criticized nonaccrual	—		14		10		46		50		49		2		—		171
Total other commercial construction	$	866	$	1,771	$	1,051	$	1,110	$	1,261	$	562	$	32	$	—	$	6,653

Summary of loans in Accrual and Nonaccrual Status

A summary of loans in accrual and nonaccrual status at September 30, 2024 for the various classes of the Company’s residential real estate loans and consumer loans and gross charge-offs for those types of loans for the three-month and nine-month periods ended September 30, 2024 by origination year follows:


	Term Loans by Origination Year												Revolving Loans		Revolving Loans Converted to Term Loans		Total
(Dollars in millions)	2024		2023		2022		2021		2020		Prior
Residential:
Current	$	1,550	$	1,415	$	4,481	$	3,559	$	2,427	$	7,510	$	100	$	—	$	21,042
30-89 days past due	17		10		114		76		35		415		—		—		667
Accruing loans past due 90 days or more	—		8		29		29		18		184		—		—		268
Nonaccrual	—		2		27		15		3		169		3		—		219
Total residential	$	1,567	$	1,435	$	4,651	$	3,679	$	2,483	$	8,278	$	103	$	—	$	22,196
Gross charge-offs three months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	1	$	—	$	—	$	1
Gross charge-offs nine months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	4	$	—	$	—	$	4
Residential - limited documentation:
Current	$	—	$	—	$	—	$	—	$	—	$	737	$	—	$	—	$	737
30-89 days past due	—		—		—		—		—		29		—		—		29
Accruing loans past due 90 days or more	—		—		—		—		—		—		—		—		—
Nonaccrual	—		—		—		—		—		57		—		—		57
Total residential - limited documentation	$	—	$	—	$	—	$	—	$	—	$	823	$	—	$	—	$	823
Gross charge-offs three months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Gross charge-offs nine months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Consumer:
Home equity lines and loans:
Current	$	—	$	—	$	—	$	2	$	2	$	95	$	3,038	$	1,327	$	4,464
30-89 days past due	—		—		—		—		—		2		—		28		30
Accruing loans past due 90 days or more	—		—		—		—		—		—		—		—		—
Nonaccrual	—		—		—		—		—		3		—		79		82
Total home equity lines and loans	$	—	$	—	$	—	$	2	$	2	$	100	$	3,038	$	1,434	$	4,576
Gross charge-offs three months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	1	$	1
Gross charge-offs nine months ended September 30, 2024	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	3	$	3
Recreational finance:
Current	$	3,153	$	2,219	$	2,026	$	1,609	$	1,102	$	1,512	$	—	$	—	$	11,621
30-89 days past due	8		17		14		16		14		21		—		—		90
Accruing loans past due 90 days or more	—		—		—		—		—		—		—		—		—
Nonaccrual	1		5		5		5		4		8		—		—		28
Total recreational finance	$	3,162	$	2,241	$	2,045	$	1,630	$	1,120	$	1,541	$	—	$	—	$	11,739
Gross charge-offs three months ended September 30, 2024	$	3	$	5	$	6	$	4	$	4	$	6	$	—	$	—	$	28
Gross charge-offs nine months ended September 30, 2024	$	4	$	12	$	17	$	14	$	11	$	18	$	—	$	—	$	76
Automobile:
Current	$	1,875	$	856	$	826	$	729	$	267	$	127	$	—	$	—	$	4,680
30-89 days past due	7		11		13		11		5		5		—		—		52
Accruing loans past due 90 days or more	—		—		—		—		—		—		—		—		—
Nonaccrual	1		2		2		3		1		2		—		—		11
Total automobile	$	1,883	$	869	$	841	$	743	$	273	$	134	$	—	$	—	$	4,743
Gross charge-offs three months ended September 30, 2024	$	1	$	2	$	2	$	1	$	1	$	—	$	—	$	—	$	7
Gross charge-offs nine months ended September 30, 2024	$	1	$	6	$	6	$	5	$	2	$	2	$	—	$	—	$	22
Other:
Current	$	205	$	168	$	121	$	81	$	18	$	20	$	1,452	$	1	$	2,066
30-89 days past due	3		2		2		1		—		—		11		1		20
Accruing loans past due 90 days or more	—		—		—		—		—		—		7		—		7
Nonaccrual	2		1		1		—		—		—		51		—		55
Total other	$	210	$	171	$	124	$	82	$	18	$	20	$	1,521	$	2	$	2,148
Gross charge-offs three months ended September 30, 2024	$	5	$	3	$	2	$	1	$	—	$	—	$	18	$	—	$	29
Gross charge-offs nine months ended September 30, 2024	$	10	$	9	$	7	$	4	$	1	$	2	$	47	$	—	$	80
Total loans and leases at September 30, 2024	$	15,279	$	15,890	$	18,767	$	12,542	$	8,957	$	30,732	$	32,184	$	1,569	$	135,920
Total gross charge-offs for the three months ended September 30, 2024	$	12	$	20	$	35	$	10	$	7	$	39	$	30	$	1	$	154
Total gross charge-offs for the nine months ended September 30, 2024	$	19	$	55	$	76	$	42	$	31	$	127	$	144	$	3	$	497

A summary of loans in accrual and nonaccrual status at December 31, 2023 for the various classes of the Company’s residential real estate loans and consumer loans by origination year follows:


	Term Loans by Origination Year												Revolving Loans		Revolving Loans Converted to Term Loans		Total
(Dollars in millions)	2023		2022		2021		2020		2019		Prior
Residential:
Current	$	1,726	$	4,709	$	3,732	$	2,543	$	1,215	$	7,060	$	95	$	—	$	21,080
30-89 days past due	18		120		88		52		28		457		—		—		763
Accruing loans past due 90 days or more	1		30		28		17		14		205		—		—		295
Nonaccrual	1		17		10		3		4		179		1		—		215
Total residential	$	1,746	$	4,876	$	3,858	$	2,615	$	1,261	$	7,901	$	96	$	—	$	22,353
Residential - limited documentation:
Current	$	—	$	—	$	—	$	—	$	—	$	825	$	—	$	—	$	825
30-89 days past due	—		—		—		—		—		31		—		—		31
Accruing loans past due 90 days or more	—		—		—		—		—		—		—		—		—
Nonaccrual	—		—		—		—		—		55		—		—		55
Total residential - limited documentation	$	—	$	—	$	—	$	—	$	—	$	911	$	—	$	—	$	911
Consumer:
Home equity lines and loans:
Current	$	—	$	—	$	2	$	2	$	13	$	98	$	3,022	$	1,391	$	4,528
30-89 days past due	—		—		—		—		—		3		—		37		40
Accruing loans past due 90 days or more	—		—		—		—		—		—		—		—		—
Nonaccrual	—		—		—		—		—		5		3		73		81
Total home equity lines and loans	$	—	$	—	$	2	$	2	$	13	$	106	$	3,025	$	1,501	$	4,649
Recreational finance:
Current	$	2,653	$	2,338	$	1,857	$	1,286	$	781	$	1,020	$	—	$	—	$	9,935
30-89 days past due	11		16		19		14		11		16		—		—		87
Accruing loans past due 90 days or more	—		—		—		—		—		—		—		—		—
Nonaccrual	3		5		8		6		5		9		—		—		36
Total recreational finance	$	2,667	$	2,359	$	1,884	$	1,306	$	797	$	1,045	$	—	$	—	$	10,058
Automobile:
Current	$	1,063	$	1,096	$	1,047	$	427	$	198	$	87	$	—	$	—	$	3,918
30-89 days past due	8		15		17		9		6		5		—		—		60
Accruing loans past due 90 days or more	—		—		—		—		—		—		—		—		—
Nonaccrual	2		3		3		2		2		2		—		—		14
Total automobile	$	1,073	$	1,114	$	1,067	$	438	$	206	$	94	$	—	$	—	$	3,992
Other:
Current	$	250	$	176	$	118	$	33	$	13	$	18	$	1,392	$	3	$	2,003
30-89 days past due	3		3		2		—		—		1		20		1		30
Accruing loans past due 90 days or more	—		—		—		—		—		—		7		—		7
Nonaccrual	2		1		1		—		—		—		48		—		52
Total other	$	255	$	180	$	121	$	33	$	13	$	19	$	1,467	$	4	$	2,092
Total loans and leases at December 31, 2023	$	18,423	$	21,683	$	15,025	$	10,555	$	10,062	$	27,464	$	29,237	$	1,619	$	134,068

Changes in Allowance for Credit Losses

Changes in the allowance for credit losses for the three months ended September 30, 2024 and 2023 were as follows:


	Commercial and Industrial		Real Estate
(Dollars in millions)			Commercial		Residential		Consumer		Total
Three Months Ended September 30, 2024
Beginning balance	$	790	$	658	$	110	$	646	$	2,204
Provision for credit losses	52		1		(5)		72		120
Net charge-offs:
Charge-offs	(64)		(24)		(1)		(65)		(154)
Recoveries	14		4		1		15		34
Net charge-offs	(50)		(20)		—		(50)		(120)
Ending balance	$	792	$	639	$	105	$	668	$	2,204

Three Months Ended September 30, 2023
Beginning balance	$	583	$	694	$	118	$	603	$	1,998
Provision for credit losses	40		79		(3)		34		150
Net charge-offs:
Charge-offs	(26)		(52)		(1)		(43)		(122)
Recoveries	7		5		—		14		26
Net charge-offs	(19)		(47)		(1)		(29)		(96)
Ending balance	$	604	$	726	$	114	$	608	$	2,052

Changes in the allowance for credit losses for the nine months ended September 30, 2024 and 2023 were as follows:


	Commercial and Industrial		Real Estate
(Dollars in millions)			Commercial		Residential		Consumer		Total
Nine Months Ended September 30, 2024
Beginning balance	$	620	$	764	$	116	$	629	$	2,129
Provision for credit losses	365		(60)		(11)		176		470
Net charge-offs:
Charge-offs	(220)		(92)		(4)		(181)		(497)
Recoveries	27		27		4		44		102
Net charge-offs	(193)		(65)		—		(137)		(395)
Ending balance	$	792	$	639	$	105	$	668	$	2,204

Nine Months Ended September 30, 2023
Beginning balance	$	568	$	611	$	115	$	631	$	1,925

Provision for credit losses	73		287		(1)		61		420
Net charge-offs:
Charge-offs	(70)		(180)		(4)		(125)		(379)
Recoveries	33		8		4		41		86
Net charge-offs	(37)		(172)		—		(84)		(293)
Ending balance	$	604	$	726	$	114	$	608	$	2,052

Loan and Leases Considered Nonaccrual and Interest Income Recognized on Loans

Information with respect to loans and leases that were considered nonaccrual at the beginning and end of the reporting period and the interest income recognized on such loans for the three-month and nine-month periods ended September 30, 2024 and 2023 follows:


	Amortized Cost with Allowance		Amortized Cost without Allowance		Total		Amortized Cost				Interest Income Recognized
(Dollars in millions)	September 30, 2024						June 30, 2024		January 1, 2024		Three Months Ended September 30, 2024		Nine Months Ended September 30, 2024
Commercial and industrial	$	610	$	200	$	810	$	805	$	670	$	5	$	14
Real estate:
Commercial	348		230		578		707		869		5		31
Residential builder and developer	2		—		2		2		3		1		1
Other commercial construction	21		63		84		77		171		—		3
Residential	113		106		219		205		215		4		10
Residential — limited documentation	22		35		57		55		55		—		1
Consumer:
Home equity lines and loans	39		43		82		79		81		2		4
Recreational finance	17		11		28		25		36		—		—
Automobile	8		3		11		11		14		—		—
Other	55		—		55		58		52		—		—
Total	$	1,235	$	691	$	1,926	$	2,024	$	2,166	$	17	$	64


(Dollars in millions)	September 30, 2023						June 30, 2023		January 1, 2023		Three Months Ended September 30, 2023		Nine Months Ended September 30, 2023
Commercial and industrial	$	366	$	300	$	666	$	607	$	504	$	7	$	13
Real estate:
Commercial	417		638		1,055		1,192		1,240		9		18
Residential builder and developer	3		—		3		1		1		—		—
Other commercial construction	4		132		136		146		125		—		2
Residential	91		150		241		239		272		3		12
Residential — limited documentation	22		40		62		67		78		1		1
Consumer:
Home equity lines and loans	48		30		78		77		85		2		6
Recreational finance	21		10		31		32		45		—		—
Automobile	12		4		16		22		40		—		—
Other	54		—		54		53		49		—		—
Total	$	1,038	$	1,304	$	2,342	$	2,436	$	2,439	$	22	$	52

Loan Modification Activities to Borrowers Experiencing Financial Difficulty on Financing Receivables

The tables that follow summarize the Company’s loan modification activities to borrowers experiencing financial difficulty for the three-month and nine-month periods ended September 30, 2024 and 2023:


	Amortized cost at September 30, 2024
(Dollars in millions)	Term Extension		Other (a)		Combination of Modification Types (b)		Total (c) (d)		Percent of Total Loan Class
Three Months Ended September 30, 2024
Commercial and industrial	$	92	$	23	$	2	$	117	.19	%
Real estate:
Commercial	163		1		—		164		.73
Residential builder and developer	2		—		—		2		.17
Other commercial construction	2		—		—		2		.03
Residential	34		4		4		42		.19
Residential — limited documentation	2		1		—		3		.41
Consumer:
Home equity lines and loans	—		—		—		—		—
Recreational finance	—		—		—		—		—
Automobile	—		—		—		—		—
Other	—		—		—		—		—
Total	$	295	$	29	$	6	$	330	.24	%

Nine Months Ended September 30, 2024
Commercial and industrial	$	190	$	78	$	2	$	270	.44	%
Real estate:
Commercial	420		1		4		425		1.90
Residential builder and developer	13		—		—		13		1.27
Other commercial construction	139		—		—		139		2.62
Residential	123		10		6		139		.63
Residential — limited documentation	5		2		—		7		.86
Consumer:
Home equity lines and loans	1		—		1		2		.04
Recreational finance	1		—		—		1		.01
Automobile	—		—		—		—		—
Other	—		—		—		—		—
Total	$	892	$	91	$	13	$	996	.73	%

_______________________________________________________________

(a)Predominantly payment deferrals.

(b)Predominantly term extensions combined with interest rate reductions.

(c)Includes approximately $33 million and $117 million of loans guaranteed by government-related entities (predominantly first lien residential mortgage loans) for the three-month and nine-month periods ended September 30, 2024, respectively.

(d)Excludes unfunded commitments to extend credit totaling $8 million and $43 million for the three-month and nine-month periods ended September 30, 2024, respectively.


	Amortized cost at September 30, 2023
(Dollars in millions)	Term Extension		Other (a)		Combination of Modification Types (b)		Total (c) (d)		Percent of Total Loan Class

Three Months Ended September 30, 2023
Commercial and industrial	$	40	$	—	$	1	$	41	.07	%
Real estate:
Commercial	272		—		6		278		1.07
Residential builder and developer	—		—		—		—		—
Other commercial construction	216		—		—		216		3.20
Residential	47		7		1		55		.24
Residential — limited documentation	1		1		—		2		.18
Consumer:
Home equity lines and loans	—		—		—		—		—
Recreational finance	—		—		—		—		—
Automobile	—		—		—		—		—
Other	—		—		—		—		—
Total	$	576	$	8	$	8	$	592	.45	%



Nine Months Ended September 30, 2023
Commercial and industrial	$	115	$	10	$	2	$	127	.23	%
Real estate:
Commercial	409		—		14		423		1.63
Residential builder and developer	70		1		—		71		6.42
Other commercial construction	432		—		8		440		6.54
Residential	104		17		4		125		.56
Residential — limited documentation	6		4		1		11		1.11
Consumer:
Home equity lines and loans	1		—		—		1		.02
Recreational finance	—		—		—		—		—
Automobile	—		—		—		—		—
Other	—		—		—		—		—
Total	$	1,137	$	32	$	29	$	1,198	.91	%

_______________________________________________________________

(a)Predominantly payment deferrals.

(b)Predominantly term extensions combined with interest rate reductions.

(c)Includes approximately $45 million and $92 million of loans guaranteed by government-related entities (predominantly first lien residential mortgage loans) for the three-month and nine-month periods ended September 30, 2023, respectively.

(d)Excludes unfunded commitments to extend credit totaling $62 million and $138 million for the three-month and nine-month periods ended September 30, 2023, respectively.

Summary of Payment Status of Loans Modified

The following table summarizes the payment status, at September 30, 2024, of loans that were modified during the twelve-month period ended September 30, 2024.


	Payment status at September 30, 2024 (amortized cost)
(Dollars in millions)	Current		30-89 Days Past Due		Past Due 90 Days or More (a)		Total
Twelve Months Ended September 30, 2024
Commercial and industrial	$	308	$	5	$	4	$	317
Real estate:
Commercial	422		84		9		515
Residential builder and developer	13		1		—		14
Other commercial construction	141		74		—		215
Residential (b)	93		45		37		175
Residential — limited documentation	6		2		—		8
Consumer:
Home equity lines and loans	2		—		—		2
Recreational finance	1		—		—		1
Automobile	—		—		—		—
Other	—		—		—		—
Total	$	986	$	211	$	50	$	1,247

_______________________________________________________________

(a) Predominantly loan modifications with term extensions.

(b)Includes loans guaranteed by government-related entities classified as 30 to 89 days past due of $39 million and as past due 90 days or more of $34 million.

The following table summarizes the payment status, at September 30, 2023, of loans that were modified during the nine-month period ended September 30, 2023.


	Payment status at September 30, 2023 (amortized cost)
(Dollars in millions)	Current		30-89 Days Past Due		Past Due 90 Days or More (a)		Total
Nine Months Ended September 30, 2023
Commercial and industrial	$	109	$	4	$	14	$	127
Real estate:
Commercial	406		17		—		423
Residential builder and developer	71		—		—		71
Other commercial construction	440		—		—		440
Residential (b)	79		34		12		125
Residential — limited documentation	8		1		2		11
Consumer:
Home equity lines and loans	1		—		—		1
Recreational finance	—		—		—		—
Automobile	—		—		—		—
Other	—		—		—		—
Total	$	1,114	$	56	$	28	$	1,198

___________________________________________________________

(a) Predominantly loan modifications with term extensions.

(b)Includes loans guaranteed by government-related entities classified as 30 to 89 days past due of $28 million and as past due 90 days or more of $11 million.