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LOANS AND LEASES (Tables)
 3 Months Ended
Mar. 31, 2025
Receivables [Abstract]  
Schedule of Loans and Leases, Net of Unearned Income
Following is a summary of total loans and leases, net of unearned income:
TABLE 4.1
(in millions)March 31, 2025December 31, 2024
Commercial real estate$12,652 $12,705 
Commercial and industrial7,628 7,550 
Commercial leases782 765 
Other174 144 
Total commercial loans and leases21,236 21,164 
Direct installment2,656 2,676 
Residential mortgages8,184 7,986 
Indirect installment776 739 
Consumer lines of credit1,383 1,374 
Total consumer loans12,999 12,775 
Total loans and leases, net of unearned income$34,235 $33,939 
Schedule of Certain Information Relating to Commercial Real Estate Loans
The following table shows occupancy information relating to commercial real estate loans:
TABLE 4.2
March 31,
2025		December 31,
2024
Commercial real estate:
Percent owner-occupied29.6 %29.0 %
Percent non-owner-occupied70.4 71.0 
Schedule of Loan, Credit Quality Indicators We use an internal risk rating assigned to a commercial loan or lease at origination, summarized below.
TABLE 4.3
Rating CategoryDefinition
Passin general, the condition of the borrower and the performance of the loan is satisfactory or better
Special Mentionin general, the condition of the borrower has deteriorated, requiring an increased level of monitoring
Substandardin general, the condition of the borrower has significantly deteriorated and the performance of the loan could further deteriorate if deficiencies are not corrected
Doubtfulin general, the condition of the borrower has significantly deteriorated and the collection in full of both principal and interest is highly questionable or improbable
Schedule of Financing Receivables, Originated Year
The following table summarizes the designated loan rating category by loan class including term loans on an amortized cost basis by origination year and year-to-date gross charge-offs by originating year:
TABLE 4.4
(in millions)20252024202320222021PriorRevolving Loans Amortized Cost BasisTotal
March 31, 2025
COMMERCIAL
Commercial Real Estate:
Risk Rating:
   Pass$245 $1,380 $1,689 $2,026 $1,819 $4,274 $182 $11,615 
   Special Mention1 5 27 148 99 285 21 586 
   Substandard— 2 11 117 66 253 2 451 
Total commercial real estate246 1,387 1,727 2,291 1,984 4,812 205 12,652 
Commercial real estate current period gross charge-offs — — — 3.7 3.9 — — 7.6 
Commercial and Industrial:
Risk Rating:
   Pass404 1,276 1,005 1,047 574 1,089 1,719 7,114 
   Special Mention6 3 22 48 39 71 91 280 
   Substandard1 5 52 12 21 73 70 234 
Total commercial and industrial411 1,284 1,079 1,107 634 1,233 1,880 7,628 
Commercial and industrial current period gross charge-offs0.1 0.5 — — 0.3 3.4 — 4.3 
Commercial Leases:
Risk Rating:
   Pass114 261 171 100 54 56 — 756 
   Special Mention— 4 6 — — — — 10 
   Substandard— — 5 2 4 5 — 16 
Total commercial leases114 265 182 102 58 61 — 782 
Commercial leases current period gross charge-offs— — — — — 0.1 — 0.1 
Other Commercial:
Risk Rating:
   Pass10 — 63 — — 5 96 174 
Total other commercial10 — 63 — — 5 96 174 
Other commercial current period gross charge-offs— — — — — 1.1 — 1.1 
Total commercial loans and leases781 2,936 3,051 3,500 2,676 6,111 2,181 21,236 
(in millions)20252024202320222021PriorRevolving Loans Amortized Cost BasisTotal
March 31, 2025
CONSUMER
Direct Installment:
   Current86 331 263 601 660 702 1 2,644 
   Past due— — 1 2 2 7 — 12 
Total direct installment86 331 264 603 662 709 1 2,656 
Direct installment current period gross charge-offs— — 0.1 0.1 — 0.2 — 0.4 
Residential Mortgages:
   Current289 1,682 1,448 1,577 1,398 1,737 — 8,131 
   Past due— 5 9 7 4 28 — 53 
Total residential mortgages289 1,687 1,457 1,584 1,402 1,765 — 8,184 
Residential mortgages current period gross charge-offs— 0.1 0.1 — — 0.2 — 0.4 
Indirect Installment:
   Current114 366 23 61 122 76 — 762 
   Past due— 1 2 5 4 2 — 14 
Total indirect installment114 367 25 66 126 78 — 776 
Indirect installment current period gross charge-offs— 0.2 0.4 0.6 0.7 0.3 — 2.2 
Consumer Lines of Credit:
   Current2 8 26 48 12 125 1,149 1,370 
   Past due— — — 1 1 9 2 13 
Total consumer lines of credit2 8 26 49 13 134 1,151 1,383 
Consumer lines of credit current period gross charge-offs— — — — — 0.3 — 0.3 
Total consumer loans491 2,393 1,772 2,302 2,203 2,686 1,152 12,999 
Total loans and leases$1,272 $5,329 $4,823 $5,802 $4,879 $8,797 $3,333 $34,235 
Total charge-offs$0.1 $0.8 $0.6 $4.4 $4.9 $5.6 $— $16.4 
(in millions)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
December 31, 2024
COMMERCIAL
Commercial Real Estate:
Risk Rating:
   Pass$1,405 $1,661 $2,025 $1,984 $1,200 $3,235 $197 $11,707 
   Special Mention1 10 177 52 107 181 37 565 
   Substandard2 16 119 43 55 195 3 433 
Total commercial real estate1,408 1,687 2,321 2,079 1,362 3,611 237 12,705 
Commercial real estate current period gross charge-offs— 0.8 1.0 15.0 10.5 11.3 — 38.6 
Commercial and Industrial:
Risk Rating:
   Pass1,241 1,079 1,074 647 461 669 1,861 7,032 
   Special Mention6 20 57 74 12 63 41 273 
   Substandard4 50 11 33 8 59 80 245 
Total commercial and industrial1,251 1,149 1,142 754 481 791 1,982 7,550 
Commercial and industrial current period gross charge-offs0.1 3.9 1.5 1.8 6.0 7.6 — 20.9 
Commercial Leases:
Risk Rating:
   Pass331 184 106 60 26 39 — 746 
   Special Mention— 1 — — — 1 — 2 
   Substandard— 6 2 4 5 — — 17 
Total commercial leases331 191 108 64 31 40 — 765 
Commercial leases current period gross charge-offs— — — — — 0.3 — 0.3 
Other Commercial:
Risk Rating:
   Pass12 62 — — — 5 65 144 
Total other commercial12 62 — — — 5 65 144 
Other commercial current period gross charge-offs— — — — — 4.2 — 4.2 
Total commercial loans and leases3,002 3,089 3,571 2,897 1,874 4,447 2,284 21,164 
(in millions)20242023202220212020PriorRevolving Loans Amortized Cost BasisTotal
December 31, 2024
CONSUMER
Direct Installment:
   Current346 277 621 683 341 396 — 2,664 
   Past due— 1 3 1 1 6 — 12 
Total direct installment346 278 624 684 342 402 — 2,676 
Direct installment current period gross charge-offs— 0.2 0.3 0.2 — 1.1 — 1.8 
Residential Mortgages:
   Current1,663 1,478 1,598 1,417 728 1,048 — 7,932 
   Past due2 15 6 5 1 25 — 54 
Total residential mortgages1,665 1,493 1,604 1,422 729 1,073 — 7,986 
Residential mortgages current period gross charge-offs0.1 0.6 0.3 0.2 — 1.4 — 2.6 
Indirect Installment:
   Current396 24 67 142 49 42 — 720 
   Past due1 3 6 6 2 1 — 19 
Total indirect installment397 27 73 148 51 43 — 739 
Indirect installment current period gross charge-offs0.2 1.8 4.5 3.2 0.5 1.6 — 11.8 
Consumer Lines of Credit:
   Current8 29 51 13 1 117 1,141 1,360 
   Past due— — 1 1 — 10 2 14 
Total consumer lines of credit8 29 52 14 1 127 1,143 1,374 
Consumer lines of credit current period gross charge-offs— 0.1 0.1 0.1 — 1.3 — 1.6 
Total consumer loans2,416 1,827 2,353 2,268 1,123 1,645 1,143 12,775 
Total loans and leases$5,418 $4,916 $5,924 $5,165 $2,997 $6,092 $3,427 $33,939 
Total charge-offs$0.4 $7.4 $7.7 $20.5 $17.0 $28.8 $— $81.8 
Schedule of Age Analysis of Past Due Loans, by Class
The following table provides an analysis of the aging of loans by class.
TABLE 4.5
(in millions)30-89 Days
Past Due
> 90 Days
Past Due
and Still
Accruing
Non-
Accrual		Total
Past Due		CurrentTotal
Loans and
Leases		Non-accrual with No ACL
March 31, 2025
Commercial real estate$10 $— $82 $92 $12,560 $12,652 $28 
Commercial and industrial16 — 51 67 7,561 7,628 15 
Commercial leases— — 3 3 779 782 — 
Other1 1 2 4 170 174 — 
Total commercial loans and leases27 1 138 166 21,070 21,236 43 
Direct installment8 1 3 12 2,644 2,656 — 
Residential mortgages34 5 14 53 8,131 8,184 1 
Indirect installment12 — 2 14 762 776 — 
Consumer lines of credit7 2 4 13 1,370 1,383 — 
Total consumer loans61 8 23 92 12,907 12,999 1 
Total loans and leases$88 $9 $161 $258 $33,977 $34,235 $44 

(in millions)30-89 Days
Past Due
> 90 Days
Past Due
and Still
Accruing
Non-
Accrual		Total
Past Due 		CurrentTotal
Loans and
Leases		Non-accrual with No ACL
December 31, 2024
Commercial real estate$26 $— $88 $114 $12,591 $12,705 $24 
Commercial and industrial10 — 52 62 7,488 7,550 19 
Commercial leases1 — 2 3 762 765 — 
Other1 — 2 3 141 144 — 
Total commercial loans and leases38 — 144 182 20,982 21,164 43 
Direct installment8 2 2 12 2,664 2,676 — 
Residential mortgages38 9 7 54 7,932 7,986 — 
Indirect installment16 1 2 19 720 739 — 
Consumer lines of credit8 2 4 14 1,360 1,374 — 
Total consumer loans70 14 15 99 12,676 12,775 — 
Total loans and leases$108 $14 $159 $281 $33,658 $33,939 $43 
Schedule of Non-Performing Assets
Following is a summary of non-performing assets:
TABLE 4.6
(dollars in millions)March 31,
2025		December 31,
2024
Non-accrual loans$161 $159 
Total non-performing loans and leases161 159 
Other real estate owned 2 3 
Total non-performing assets$163 $162 
Asset quality ratios:
Non-performing loans and leases / total loans and leases0.47 %0.47 %
Non-performing assets plus 90 days or more past due / total loans and leases plus OREO
0.50 0.52 
Schedule of Financing Receivable, Modified
The following table shows the amortized cost basis at the end of the reporting period of the loans modified during the period to borrowers experiencing financial difficulty, disaggregated by class of financing receivable, type of concession granted and the financial effect of the modifications made to borrowers experiencing financial difficulty:
TABLE 4.7
(dollars in millions)Amortized Cost Basis% of Total Class of Financing ReceivableFinancial Effect
Three Months Ended March 31, 2025
Term Extension
Commercial real estate$1.8 0.01 %
The modified loans had an average increase in term of 2 months, extending the maturity date.
Direct installment0.5 0.02 
The modified loans had an average increase in term of 10 months, extending the maturity date.
Residential mortgages2.2 0.03 
The modified loans had an average increase in term of 27 months, extending the maturity date.
Consumer lines of credit0.1 0.01 
The modified loans had an average increase in term of 221 months, extending the maturity date.
Total4.6 
Term Extension and Rate Reduction
Residential mortgages1.3 0.02 
The term was extended, with a weighted average yield reductions of 100 basis points to 450 basis points with extensions up to 27 years.
Total1.3 
Other
Commercial and industrial0.1 — Multiple modifications were made with no material financial effect.
Total0.1 
Total Outstanding Modified$6.0 
(dollars in millions)Amortized Cost Basis% of Total Class of Financing ReceivableFinancial Effect
Three Months Ended March 31, 2024
Term Extension
Direct installment$0.2 0.01 %
The modified loans had an average increase in term of 114 months, extending the maturity date.
Residential mortgages0.7 0.01 
The modified loans had an average increase in term of 46 months, extending the maturity date.
Consumer lines of credit0.5 0.04 
The modified loans had an average increase in term of 235 months, extending the maturity date.
Total1.4 
Rate Reduction
Residential mortgages0.1 — 
The term was extended, with a weighted average yield reduction of 100 basis points.
Total0.1 
Term Extension and Rate Reduction
Commercial real estate0.9 0.01 Multiple modifications were made with no material financial effect.
Residential mortgages0.6 0.01 Multiple modifications were made with no material financial effect.
Total1.5 
Balloon Payment
Commercial real estate0.6 — Multiple modifications were made with no material financial effect.
Total0.6 
Other
Commercial real estate4.1 0.03 
3 to 12 month payment deferrals with no income being earned on these loans
Commercial and industrial0.6 0.01 Multiple modifications were made with no material financial effect.
Total4.7 
Total Outstanding Modified$8.3 
We closely monitor the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of our modification efforts. The following table depicts the performance of loans that have been modified in the last 12 months:
TABLE 4.9
Payment status - amortization cost basis:
(in millions)Current30-89 Days Past Due90+ Days Past Due
March 31, 2025
Commercial real estate$20.2 $— $— 
Commercial and industrial18.8 — — 
Total commercial loans and leases39.0 — — 
Direct installment1.2 — — 
Residential mortgages7.0 2.0 0.4 
Consumer lines of credit0.8 0.2 — 
Total consumer loans9.0 2.2 0.4 
Total$48.0 $2.2 $0.4 
(in millions)Current30-89 Days Past Due90+ Days Past Due
March 31, 2024
Commercial real estate$14.9 $— $— 
Commercial and industrial20.0 — — 
Total commercial loans and leases34.9 — — 
Direct installment2.0 — 0.2 
Residential mortgages3.1 1.1 0.8 
Consumer lines of credit1.3 0.4 — 
Total consumer loans6.4 1.5 1.0 
Total$41.3 $1.5 $1.0 
Schedule of Financing Receivable, Modified, Subsequent Default
Following is a summary of loans modified in a manner that grants a concession to a borrower experiencing financial difficulties, by class, for which there was a payment default, excluding loans that have been paid off and/or sold. Default occurs when a loan is 90 days or more past due or in non-accrual and is within 12 months of restructuring.
TABLE 4.8
Amortized cost basis of modified financing receivables that subsequently defaulted:
(in millions)Term ExtensionTerm Extension and Rate ReductionBalloon PaymentOtherTotal Outstanding Modified
Three Months Ended March 31, 2025
Commercial real estate$1.0 $— $0.7 $6.4 $8.1 
Commercial and industrial18.6 15.5 — 5.8 39.9 
Total commercial loans and leases19.6 15.5 0.7 12.2 48.0 
Direct installment0.8 — — — 0.8 
Residential mortgages5.3 0.8 — — 6.1 
Total consumer loans6.1 0.8 — — 6.9 
Total$25.7 $16.3 $0.7 $12.2 $54.9 
(in millions)Term ExtensionTerm Extension and Rate ReductionBalloon PaymentOtherTotal Outstanding Modified
Three Months Ended March 31, 2024
Commercial real estate$0.3 $0.9 $0.6 $8.7 $10.5 
Commercial and industrial21.5 0.3 — 0.6 22.4 
Total commercial loans and leases21.8 1.2 0.6 9.3 32.9 
Residential mortgages0.2 — — — 0.2 
Total consumer loans0.2 — — — 0.2 
Total$22.0 $1.2 $0.6 $9.3 $33.1