Mortgage Banking Activity (Tables)

12 Months Ended

Dec. 31, 2024

Mortgage Banking [Abstract]

Schedule of Residential Mortgage Loans Held for Sale

The following table summarizes activity relating to residential mortgage loans held for sale for the years ended December 31, 2024, 2023, and 2022.

Table 8.7.1

MORTGAGE LOAN ACTIVITY

(Dollars in millions)	2024		2023		2022
Balance at beginning of period	$	62	$	44	$	250
Originations and purchases	951		692		1,275
Sales, net of gains	(932)		(674)		(1,481)
Balance at end of period	$	81	$	62	$	44

Schedule of Mortgage Servicing Rights

The following table presents the carrying values of mortgage servicing rights as of December 31, 2024 and 2023.

Table 8.7.2

MORTGAGE SERVICING RIGHTS

	December 31, 2024
(Dollars in millions)	Gross  Carrying Amount		Accumulated Amortization		Net Carrying Amount
Mortgage servicing rights	$	30	$	(9)	$	21
	December 31, 2023
(Dollars in millions)	Gross  Carrying Amount		Accumulated Amortization		Net Carrying Amount
Mortgage servicing rights	$	25	$	(7)	$	18