Loans and Leases (Tables)

9 Months Ended

Sep. 30, 2022

Amounts outstanding for Loans and Leases, by segment and class, are shown in the following table.

TABLE 46: LOANS AND LEASES


(In Millions)	SEPTEMBER 30, 2022		DECEMBER 31, 2021
Commercial
Commercial and Institutional	$	12,413.5	$	11,489.2
Commercial Real Estate	4,570.8		4,326.3
Non-U.S.	4,617.3		1,990.2
Lease Financing, net	—		11.0
Other	1,187.7		670.7
Total Commercial	22,789.3		18,487.4
Personal
Private Client	13,945.2		15,256.3
Residential Real Estate	6,445.9		6,319.9
Non-U.S.	616.4		381.8
Other	195.1		35.2
Total Personal	21,202.6		21,993.2
Total Loans and Leases	$	43,991.9	$	40,480.6

Borrower Ratings

Loan and lease segment and class balances as of September 30, 2022 and December 31, 2021 are provided in the following table, segregated by borrower ratings into “1 to 3,” “4 to 5” and “6 to 9” (watch list and nonaccrual status) categories by year of origination at amortized cost basis. Loans that are held for investment are reported at the principal amount outstanding, net of unearned income.

TABLE 47: CREDIT QUALITY INDICATOR AT AMORTIZED COST BASIS BY ORIGINATION YEAR


September 30, 2022	TERM LOANS AND LEASES												REVOLVING LOANS		REVOLVING LOANS CONVERTED TO TERM LOANS
(In Millions)	2022		2021		2020		2019		2018		PRIOR						TOTAL
Commercial
Commercial and Institutional
Risk Rating:
1 to 3 Category	$	642.9	$	1,154.0	$	287.6	$	141.3	$	52.0	$	505.7	$	6,013.5	$	17.6	$	8,814.6
4 to 5 Category	616.2		820.7		274.7		235.2		152.4		218.4		1,091.9		33.4		3,442.9
6 to 9 Category	23.5		30.9		—		17.3		20.7		0.1		63.5		—		156.0
Total Commercial and Institutional	1,282.6		2,005.6		562.3		393.8		225.1		724.2		7,168.9		51.0		12,413.5
Commercial Real Estate
Risk Rating:
1 to 3 Category	299.0		367.8		218.5		98.0		24.9		46.0		202.0		—		1,256.2
4 to 5 Category	642.2		933.3		600.3		528.9		174.1		276.1		70.1		18.5		3,243.5
6 to 9 Category	7.8		11.2		—		49.6		—		—		2.5		—		71.1
Total Commercial Real Estate	949.0		1,312.3		818.8		676.5		199.0		322.1		274.6		18.5		4,570.8
Non-U.S.
Risk Rating:
1 to 3 Category	2,145.0		46.5		120.2		13.8		—		6.0		1,047.7		—		3,379.2
4 to 5 Category	814.0		—		—		—		—		286.4		94.7		1.8		1,196.9
6 to 9 Category	1.3		—		—		23.1		—		—		16.8		—		41.2
Total Non-U.S.	2,960.3		46.5		120.2		36.9		—		292.4		1,159.2		1.8		4,617.3






Other
Risk Rating:
1 to 3 Category	912.4		—		—		—		—		—		—		—		912.4
4 to 5 Category	275.3		—		—		—		—		—		—		—		275.3
Total Other	1,187.7		—		—		—		—		—		—		—		1,187.7
Total Commercial	6,379.6		3,364.4		1,501.3		1,107.2		424.1		1,338.7		8,602.7		71.3		22,789.3
Personal
Private Client
Risk Rating:
1 to 3 Category	356.6		251.6		47.8		337.7		13.1		28.0		5,815.4		44.8		6,895.0
4 to 5 Category	304.4		691.1		208.2		224.9		45.7		151.1		5,166.5		216.3		7,008.2
6 to 9 Category	21.8		—		0.1		—		19.1		—		1.0		—		42.0
Total Private Client	682.8		942.7		256.1		562.6		77.9		179.1		10,982.9		261.1		13,945.2
Residential Real Estate
Risk Rating:
1 to 3 Category	813.7		726.3		603.8		195.8		109.0		723.6		143.5		—		3,315.7
4 to 5 Category	280.6		616.0		596.0		285.3		171.3		943.9		185.1		1.0		3,079.2
6 to 9 Category	—		7.0		1.5		1.1		1.3		38.1		2.0		—		51.0
Total Residential Real Estate	1,094.3		1,349.3		1,201.3		482.2		281.6		1,705.6		330.6		1.0		6,445.9
Non-U.S.
Risk Rating:
1 to 3 Category	3.0		—		—		0.9		4.6		2.4		226.5		—		237.4
4 to 5 Category	23.9		44.4		—		20.6		3.2		30.0		248.9		7.8		378.8
6 to 9 Category	—		—		—		—		—		0.2		—		—		0.2
Total Non-U.S.	26.9		44.4		—		21.5		7.8		32.6		475.4		7.8		616.4
Other
Risk Rating:
1 to 3 Category	70.0		—		—		—		—		—		—		—		70.0
4 to 5 Category	125.1		—		—		—		—		—		—		—		125.1
6 to 9 Category	—		—		—		—		—		—		—		—		—
Total Other	195.1		—		—		—		—		—		—		—		195.1
Total Personal	1,999.1		2,336.4		1,457.4		1,066.3		367.3		1,917.3		11,788.9		269.9		21,202.6
Total Loans and Leases	$	8,378.7	$	5,700.8	$	2,958.7	$	2,173.5	$	791.4	$	3,256.0	$	20,391.6	$	341.2	$	43,991.9


December 31, 2021	TERM LOANS AND LEASES												REVOLVING LOANS		REVOLVING LOANS CONVERTED TO TERM LOANS
(In Millions)	2021		2020		2019		2018		2017		PRIOR						TOTAL
Commercial
Commercial and Institutional
Risk Rating:
1 to 3 Category	$	1,042.0	$	310.2	$	468.9	$	163.9	$	55.4	$	541.6	$	4,946.0	$	0.1	$	7,528.1
4 to 5 Category	993.4		441.7		406.7		193.6		243.3		230.2		1,217.8		33.1		3,759.8
6 to 9 Category	44.0		6.0		47.1		30.2		9.9		1.9		62.2		—		201.3
Total Commercial and Institutional	2,079.4		757.9		922.7		387.7		308.6		773.7		6,226.0		33.2		11,489.2
Commercial Real Estate
Risk Rating:
1 to 3 Category	472.0		298.7		279.8		65.8		16.6		79.5		67.5		2.9		1,282.8
4 to 5 Category	912.7		644.8		491.5		205.4		89.6		390.6		182.3		20.5		2,937.4
6 to 9 Category	50.1		—		50.6		—		—		2.9		2.5		—		106.1
Total Commercial Real Estate	1,434.8		943.5		821.9		271.2		106.2		473.0		252.3		23.4		4,326.3
Non-U.S.
Risk Rating:
1 to 3 Category	816.5		68.9		38.4		—		9.1		—		582.0		—		1,514.9
4 to 5 Category	167.0		—		—		1.9		—		191.9		73.3		1.8		435.9
6 to 9 Category	2.9		—		23.1		—		—		—		13.4		—		39.4
Total Non-U.S.	986.4		68.9		61.5		1.9		9.1		191.9		668.7		1.8		1,990.2
Lease Financing, net
Risk Rating:
6 to 9 Category	—		—		—		—		—		11.0		—		—		11.0
Total Lease Financing, net	—		—		—		—		—		11.0		—		—		11.0
Other
Risk Rating:
1 to 3 Category	551.5		—		—		—		—		—		—		—		551.5
4 to 5 Category	119.2		—		—		—		—		—		—		—		119.2
Total Other	670.7		—		—		—		—		—		—		—		670.7
Total Commercial	5,171.3		1,770.3		1,806.1		660.8		423.9		1,449.6		7,147.0		58.4		18,487.4
Personal
Private Client
Risk Rating:
1 to 3 Category	432.5		116.6		90.3		14.9		39.3		129.8		7,592.8		44.7		8,460.9
4 to 5 Category	567.8		335.2		396.9		213.3		55.0		39.9		4,979.8		178.3		6,766.2
6 to 9 Category	1.9		2.4		3.0		20.4		—		—		1.5		—		29.2
Total Private Client	1,002.2		454.2		490.2		248.6		94.3		169.7		12,574.1		223.0		15,256.3
Residential Real Estate
Risk Rating:
1 to 3 Category	1,018.1		660.3		213.0		110.4		139.8		763.1		161.5		—		3,066.2
4 to 5 Category	434.0		676.6		325.5		190.9		172.1		1,145.9		218.1		2.2		3,165.3
6 to 9 Category	0.3		9.9		6.5		5.3		6.3		55.1		5.0		—		88.4
Total Residential Real Estate	1,452.4		1,346.8		545.0		306.6		318.2		1,964.1		384.6		2.2		6,319.9
Non-U.S.
Risk Rating:
1 to 3 Category	27.5		—		1.2		—		—		1.0		44.1		—		73.8
4 to 5 Category	36.1		—		20.6		10.4		—		3.8		229.1		7.8		307.8
6 to 9 Category	—		—		—		—		—		0.2		—		—		0.2
Total Non-U.S.	63.6		—		21.8		10.4		—		5.0		273.2		7.8		381.8
Other
Risk Rating:
1 to 3 Category	13.4		—		—		—		—		—		—		—		13.4
4 to 5 Category	21.8		—		—		—		—		—		—		—		21.8
Total Other	35.2		—		—		—		—		—		—		—		35.2
Total Personal	2,553.4		1,801.0		1,057.0		565.6		412.5		2,138.8		13,231.9		233.0		21,993.2
Total Loans and Leases	$	7,724.7	$	3,571.3	$	2,863.1	$	1,226.4	$	836.4	$	3,588.4	$	20,378.9	$	291.4	$	40,480.6

Delinquency Status

The following table provides balances and delinquency status of accrual and nonaccrual loans and leases by segment and class, as well as the other real estate owned and nonaccrual asset balances, as of September 30, 2022 and December 31, 2021.

TABLE 48: DELINQUENCY STATUS


	ACCRUAL														NONACCRUAL WITH NO ALLOWANCE
(In Millions)	CURRENT		30 – 59 DAYS PAST DUE		60 – 89 DAYS PAST DUE		90 DAYS OR MORE PAST DUE		TOTAL ACCRUAL		NONACCRUAL		TOTAL LOANS AND LEASES
September 30, 2022
Commercial
Commercial and Institutional	$	11,949.8	$	269.9	$	174.0	$	1.4	$	12,395.1	$	18.4	$	12,413.5	$	4.6
Commercial Real Estate	4,517.5		4.5		3.3		3.6		4,528.9		41.9		4,570.8		37.9
Non-U.S.	4,591.9		25.4		—		—		4,617.3		—		4,617.3		—

Other	1,187.7		—		—		—		1,187.7		—		1,187.7		—
Total Commercial	22,246.9		299.8		177.3		5.0		22,729.0		60.3		22,789.3		42.5
Personal
Private Client	13,750.8		112.0		37.2		45.2		13,945.2		—		13,945.2		—
Residential Real Estate	6,425.3		0.7		2.5		1.3		6,429.8		16.1		6,445.9		16.1
Non-U.S.	616.4		—		—		—		616.4		—		616.4		—
Other	195.1		—		—		—		195.1		—		195.1		—
Total Personal	20,987.6		112.7		39.7		46.5		21,186.5		16.1		21,202.6		16.1
Total Loans and Leases	$	43,234.5	$	412.5	$	217.0	$	51.5	$	43,915.5	$	76.4	$	43,991.9	$	58.6
	Other Real Estate Owned										$	—
	Total Nonaccrual Assets										$	76.4


	ACCRUAL														NONACCRUAL WITH NO ALLOWANCE
(In Millions)	CURRENT		30 – 59 DAYS PAST DUE		60 – 89 DAYS PAST DUE		90 DAYS OR MORE PAST DUE		TOTAL ACCRUAL		NONACCRUAL		TOTAL LOANS AND LEASES
December 31, 2021
Commercial
Commercial and Institutional	$	11,434.7	$	32.5	$	2.1	$	0.4	$	11,469.7	$	19.5	$	11,489.2	$	8.8
Commercial Real Estate	4,256.6		3.1		—		—		4,259.7		66.6		4,326.3		52.3
Non-U.S.	1,990.2		—		—		—		1,990.2		—		1,990.2		—
Lease Financing, net	11.0		—		—		—		11.0		—		11.0		—
Other	670.7		—		—		—		670.7		—		670.7		—
Total Commercial	18,363.2		35.6		2.1		0.4		18,401.3		86.1		18,487.4		61.1
Personal
Private Client	14,927.3		229.5		71.8		27.7		15,256.3		—		15,256.3		—
Residential Real Estate	6,273.2		7.0		3.3		0.2		6,283.7		36.2		6,319.9		36.2
Non-U.S	381.6		0.2		—		—		381.8		—		381.8		—
Other	35.2		—		—		—		35.2		—		35.2		—
Total Personal	21,617.3		236.7		75.1		27.9		21,957.0		36.2		21,993.2		36.2
Total Loans and Leases	$	39,980.5	$	272.3	$	77.2	$	28.3	$	40,358.3	$	122.3	$	40,480.6	$	97.3
	Other Real Estate Owned										$	3.0
	Total Nonaccrual Assets										$	125.3

Modified Troubled Debt Restructurings

The following table provides, by segment and class, the number of TDR modifications of loans and leases during the three- and nine- months ended September 30, 2022 and 2021, and the recorded investments and unpaid principal balances as of September 30, 2022 and 2021.

TABLE 49: TROUBLED DEBT RESTRUCTURINGS


	THREE MONTHS ENDED SEPTEMBER 30, 2022					NINE MONTHS ENDED SEPTEMBER 30, 2022
($ In Millions)	NUMBER OF LOANS AND LEASES	RECORDED INVESTMENT		UNPAID PRINCIPAL BALANCE		NUMBER OF LOANS AND LEASES	RECORDED INVESTMENT		UNPAID PRINCIPAL BALANCE
Commercial
Commercial and Institutional	1	$	0.1	$	0.1	2	$	0.6	$	0.6
Commercial Real Estate	1	31.6		32.5		1	31.6		32.5
Total Commercial	2	31.7		32.6		3	32.2		33.1
Personal
Residential Real Estate	1	0.1		0.1		3	0.2		0.2
Total Personal	1	0.1		0.1		3	0.2		0.2
Total Loans and Leases	3	$	31.8	$	32.7	6	$	32.4	$	33.3

Note: Period-end balances reflect all pay downs and charge-offs during the period.


	THREE MONTHS ENDED SEPTEMBER 30, 2021					NINE MONTHS ENDED SEPTEMBER 30, 2021
($ In Millions)	NUMBER OF LOANS AND LEASES	RECORDED INVESTMENT		UNPAID PRINCIPAL BALANCE		NUMBER OF LOANS AND LEASES	RECORDED INVESTMENT		UNPAID PRINCIPAL BALANCE
Commercial
Commercial and Institutional	—	$	—	$	—	6	$	19.6	$	19.6
Commercial Real Estate	—	—		—		2	28.3		34.5
Total Commercial	—	—		—		8	47.9		54.1
Personal
Residential Real Estate	1	0.2		0.2		8	1.0		1.2
Total Personal	1	0.2		0.2		8	1.0		1.2
Total Loans and Leases	1	$	0.2	$	0.2	16	$	48.9	$	55.3

Note: Period-end balances reflect all pay downs and charge-offs during the period.