GOODWILL AND CORE DEPOSIT INTANGIBLES (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Core Deposit Intangible Assets

The following tables summarize the activity for core deposit intangibles during the three months ended March 31, 2024:

Core Deposit Intangibles

dollars in millions	2024
Balance at January 1, net of accumulated amortization	$	312
Less: amortization for the period	17
Balance at March 31, net of accumulated amortization	$	295

The following tables summarize the accumulated amortization balance for core deposit intangibles at March 31, 2024 and December 31, 2023:

Core Deposit Intangible Accumulated Amortization

dollars in millions	March 31, 2024		December 31, 2023
Gross balance	$	501	$	501
Less: accumulated amortization	206		189
Balance, net of accumulated amortization	$	295	$	312

Schedule of Core Deposit Intangible Assets, Future Amortization Expense

The following table summarizes the expected amortization expense as of March 31, 2024 in subsequent periods for core deposit intangibles:

Core Deposit Intangible Expected Amortization

dollars in millions
Remainder 2024	$	46
2025	54
2026	46
2027	39
2028	34
2029	30
Thereafter	46
Balance, net of accumulated amortization	$	295