Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2025

Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]

Schedule of the Allowance for Loan Losses by Portfolio Segment

The following table provides a rollforward of the ALLL and the reserve for unfunded lending commitments by portfolio type for the three and six months ended June 30, 2025 and 2024.

ROLLFORWARD OF ALLL & RESERVE FOR UNFUNDED LENDING COMMITMENTS
(Dollars in millions)	Commercial, Financial, and Industrial		Commercial Real Estate		Consumer Real Estate		Credit Card and Other		Total
	Three Months Ended June 30, 2025
Allowance for loan and lease losses:
Balance as of April 1, 2025	$	345	$	225	$	230	$	22	$	822
Charge-offs	(28)		(7)		(2)		(6)		(43)
Recoveries	6		—		1		2		9
Provision for loan and lease losses	24		(5)		4		3		26
Balance as of June 30, 2025	$	347	$	213	$	233	$	21	$	814
Reserve for remaining unfunded commitments:
Balance as of April 1, 2025	$	63	$	9	$	11	$	—	$	83
Provision for remaining unfunded commitments	5		1		(2)		—		4
Balance as of June 30, 2025	68		10		9		—		87
Allowance for credit losses as of June 30, 2025	$	415	$	223	$	242	$	21	$	901
	Three Months Ended June 30, 2024
Allowance for loan and lease losses:
Balance as of April 1, 2024	$	348	$	181	$	231	$	27	$	787
Charge-offs	(24)		(19)		(1)		(5)		(49)
Recoveries	12		—		2		1		15
Provision for loan and lease losses	8		59		(1)		2		68
Balance as of June 30, 2024	$	344	$	221	$	231	$	25	$	821
Reserve for remaining unfunded commitments:
Balance as of April 1, 2024	$	49	$	18	$	12	$	—	$	79
Provision for remaining unfunded commitments	(5)		(8)		—		—		(13)
Balance as of June 30, 2024	44		10		12		—		66
Allowance for credit losses as of June 30, 2024	$	388	$	231	$	243	$	25	$	887

(Dollars in millions)	Commercial, Financial, and Industrial		Commercial Real Estate		Consumer Real Estate		Credit Card and Other		Total
	Six Months Ended June 30, 2025
Allowance for loan and lease losses:
Balance as of January 1, 2025	$	345	$	227	$	221	$	22	$	815
Charge-offs	(62)		(10)		(2)		(10)		(84)
Recoveries	12		3		3		3		21
Provision for loan and lease losses	52		(7)		11		6		62
Balance as of June 30, 2025	$	347	$	213	$	233	$	21	$	814
Reserve for remaining unfunded commitments:
Balance as of January 1, 2025	$	57	$	11	$	11	$	—	$	79
Provision for remaining unfunded commitments	11		(1)		(2)		—		8
Balance as of June 30, 2025	68		10		9		—		87
Allowance for credit losses as of June 30, 2025	$	415	$	223	$	242	$	21	$	901
	Six Months Ended June 30, 2024
Allowance for loan and lease losses:
Balance as of January 1, 2024	$	339	$	172	$	233	$	29	$	773
Charge-offs	(52)		(32)		(1)		(10)		(95)
Recoveries	14		—		4		3		21
Provision for loan and lease losses	43		81		(5)		3		122
Balance as of June 30, 2024	$	344	$	221	$	231	$	25	$	821
Reserve for remaining unfunded commitments:
Balance as of January 1, 2024	$	49	$	22	$	12	$	—	$	83
Provision for remaining unfunded commitments	(5)		(12)		—		—		(17)
Balance as of June 30, 2024	44		10		12		—		66
Allowance for credit losses as of June 30, 2024	$	388	$	231	$	243	$	25	$	887

Schedule of Gross Charge offs by Year of Origination

The following table presents gross charge-offs by year of origination for the six months ended June 30, 2025 and 2024.

GROSS CHARGE-OFFS
	Six Months Ended June 30, 2025
(Dollars in millions)	2025		2024		2023		2022		2021		Prior to 2021		Revolving Loans		Total
C&I	$	3	$	3	$	1	$	7	$	19	$	26	$	3	$	62
CRE	—		—		—		5		—		5		—		10
Consumer Real Estate	—		—		1		1		—		—		—		2
Credit Card and Other	3		—		—		1		2		1		3		10
Total	$	6	$	3	$	2	$	14	$	21	$	32	$	6	$	84

	Six Months Ended June 30, 2024
(Dollars in millions)	2024		2023		2022		2021		2020		Prior to 2020		Revolving Loans		Total
C&I	$	—	$	9	$	11	$	20	$	1	$	9	$	2	$	52
CRE	—		—		—		—		9		23		—		32
Consumer Real Estate	—		—		—		—		—		1		—		1
Credit Card and Other	4		—		1		—		—		1		4		10
Total	$	4	$	9	$	12	$	20	$	10	$	34	$	6	$	95