ALLOWANCE FOR CREDIT LOSSES (Tables)

12 Months Ended

Dec. 31, 2024

The following table presents ACL activity by portfolio segment.


(dollar amounts in millions)	Commercial		Consumer		Total
Year Ended December 31, 2024:
ALLL balance, beginning of period	$	1,563	$	692	$	2,255

Loan and lease charge-offs	(311)		(220)		(531)
Recoveries of loans and leases previously charged-off	94		65		159
Provision for loan and lease losses	138		223		361


ALLL balance, end of period	$	1,484	$	760	$	2,244
AULC balance, beginning of period	$	66	$	79	$	145

Provision (benefit) for unfunded lending commitments	78		(21)		57

AULC balance, end of period	$	144	$	58	$	202
ACL balance, end of period	$	1,628	$	818	$	2,446

Year Ended December 31, 2023:
ALLL balance, beginning of period	$	1,424	$	697	$	2,121

Loan and lease charge-offs	(270)		(184)		(454)
Recoveries of loans and leases previously charged-off	112		69		181
Provision for loan and lease losses	297		110		407

ALLL balance, end of period	$	1,563	$	692	$	2,255
AULC balance, beginning of period	$	71	$	79	$	150

Provision (benefit) for unfunded lending commitments	(5)		—		(5)

AULC balance, end of period	$	66	$	79	$	145
ACL balance, end of period	$	1,629	$	771	$	2,400

Year Ended December 31, 2022:
ALLL balance, beginning of period	$	1,462	$	568	$	2,030

Loan and lease charge-offs	(129)		(184)		(313)
Recoveries of loans and leases previously charged-off	114		78		192
Provision (benefit) for loan and lease losses	(23)		235		212

ALLL balance, end of period	$	1,424	$	697	$	2,121
AULC balance, beginning of period	$	41	$	36	$	77

Provision for unfunded lending commitments	30		43		73

AULC balance, end of period	$	71	$	79	$	150
ACL balance, end of period	$	1,495	$	776	$	2,271