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SHORT-TERM BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Short-Term Borrowings
Following is a summary of short-term borrowings:
TABLE 13.1
December 3120242023
(in millions)  
Securities sold under repurchase agreements$165 $233 
Federal Home Loan Bank advances585 1,900 
Federal funds purchased370 260 
Subordinated notes136 113 
Total short-term borrowings$1,256 $2,506 
Schedule of Weighted Average Interest Rates on Short-Term Borrowings
The following represents weighted average interest rates on short-term borrowings:
TABLE 13.2
December 31202420232022
Year-to-date average4.80 %3.75 %1.72 %
Period-end4.11 5.17 1.96