LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)

6 Months Ended

Jun. 30, 2020

Loans and Leases Receivable Disclosure [Abstract]

The following presents the composition of gross loans and leases HFI by portfolio and by rate type:


	June 30, 2020						December 31, 2019

(dollars in thousands)	Amount		Percent		Amount		Percent
Commercial LHFI:
CRE loans	$	7,400,780	8.1	%	$	8,468,023	9.1	%
C&I loans	17,664,463		19.3	%	16,534,694		17.8	%
Multifamily loans	8,562,825		9.4	%	8,641,204		9.3	%
Other commercial⁽²⁾	7,191,574		7.9	%	7,390,795		8.2	%
Total commercial LHFI	40,819,642		44.7	%	41,034,716		44.4	%
Consumer loans secured by real estate:
Residential mortgages	7,443,130		8.2	%	8,835,702		9.5	%
Home equity loans and lines of credit	4,514,680		4.9	%	4,770,344		5.1	%
Total consumer loans secured by real estate	11,957,810		13.1	%	13,606,046		14.6	%
Consumer loans not secured by real estate:
RICs and auto loans	37,365,398		40.9	%	36,456,747		39.3	%


Personal unsecured loans	881,244		1.0	%	1,291,547		1.4	%
Other consumer⁽³⁾	269,737		0.3	%	316,384		0.3	%
Total consumer loans	50,474,189		55.3	%	51,670,724		55.6	%
Total LHFI⁽¹⁾	$	91,293,831	100.0	%	$	92,705,440	100.0	%
Total LHFI:
Fixed rate	$	61,109,094	66.9	%	$	61,775,942	66.6	%
Variable rate	30,184,737		33.1	%	30,929,498		33.4	%
Total LHFI⁽¹⁾	$	91,293,831	100.0	%	$	92,705,440	100.0	%

(1)Total LHFI includes deferred loan fees, net of deferred origination costs and unamortized purchase premiums, net of discounts as well as purchase accounting adjustments. These items resulted in a net increase in the loan balances of $3.1 billion and $3.2 billion as of June 30, 2020 and December 31, 2019, respectively.

(2)Other commercial includes CEVF leveraged leases and loans.

(3)Other consumer primarily includes RV and marine loans.

Allowance for Credit Losses by Portfolio Segment

The activity in the ACL by portfolio segment for the three-month and six-month periods ended June 30, 2020 and 2019 was as follows:


	Three-Month Period Ended June 30, 2020
(in thousands)	Commercial		Consumer		Unallocated		Total
ALLL, beginning of period	$	911,463	$	5,712,273	$	—	$	6,623,736

Credit loss expense on loans	205,488		819,082		—		1,024,570


Charge-offs	(43,446)		(899,773)		—		(943,219)
Recoveries	7,617		400,035		—		407,652
Charge-offs, net of recoveries	(35,829)		(499,738)		—		(535,567)
ALLL, end of period	$	1,081,122	$	6,031,617	$	—	$	7,112,739

Reserve for unfunded lending commitments, beginning of period	$	140,631	$	29,309	$	—	$	169,940

Credit loss expense on unfunded lending commitments	(45,450)		(1,747)		—		(47,197)

Reserve for unfunded lending commitments, end of period	95,181		27,562		—		122,743
Total ACL, end of period	$	1,176,303	$	6,059,179	$	—	$	7,235,482

	Six-Month Period Ended June 30, 2020
(in thousands)	Commercial		Consumer		Unallocated		Total
ALLL, beginning of period	$	399,829	$	3,199,612	$	46,748	$	3,646,189
Day 1: Adjustment to allowance for adoption of ASU 2016-13	151,590		2,431,041		(46,748)		2,535,883
Credit loss expense on loans	608,316		1,534,161		—		2,142,477


Charge-offs	(96,908)		(2,144,486)		—		(2,241,394)
Recoveries	18,295		1,011,289		—		1,029,584
Charge-offs, net of recoveries	(78,613)		(1,133,197)		—		(1,211,810)
ALLL, end of period	$	1,081,122	$	6,031,617	$	—	$	7,112,739

Reserve for unfunded lending commitments, beginning of period	$	85,934	$	5,892	$	—	$	91,826
Day 1: Adjustment to allowance for adoption of ASU 2016-13	10,081		330		—		10,411
Credit loss expense on unfunded lending commitments	(834)		21,340		—		20,506

Reserve for unfunded lending commitments, end of period	95,181		27,562		—		122,743
Total ACL, end of period	$	1,176,303	$	6,059,179	$	—	$	7,235,482

NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued)


	Three-Month Period Ended June 30, 2019
(in thousands)	Commercial		Consumer		Unallocated		Total
ALLL, beginning of period	$	447,991	$	3,348,356	$	46,748	$	3,843,095
Credit loss expense on loans⁽¹⁾	23,671		439,846		—		463,517
Charge-offs	(36,715)		(1,208,152)		—		(1,244,867)
Recoveries	12,131		709,957		—		722,088
Charge-offs, net of recoveries	(24,584)		(498,195)		—		(522,779)
ALLL, end of period	$	447,078	$	3,290,007	$	46,748	$	3,783,833

Reserve for unfunded lending commitments, beginning of period	$	86,563	$	6,122	$	—	$	92,685
(Recovery of) / Credit loss expense on unfunded lending commitments	(3,218)		(62)		—		(3,280)

Reserve for unfunded lending commitments, end of period	83,345		6,060		—		89,405
Total ACL, end of period	$	530,423	$	3,296,067	$	46,748	$	3,873,238

	Six-Month Period Ended June 30, 2019
(in thousands)	Commercial		Consumer		Unallocated		Total
ALLL, beginning of period	$	441,086	$	3,409,021	$	47,023	$	3,897,130
Credit loss expense on loans⁽¹⁾	45,644		1,020,899		—		1,066,543
Charge-offs	(60,316)		(2,632,770)		(275)		(2,693,361)
Recoveries	20,664		1,492,857		—		1,513,521
Charge-offs, net of recoveries	(39,652)		(1,139,913)		(275)		(1,179,840)
ALLL, end of period	$	447,078	$	3,290,007	$	46,748	$	3,783,833

Reserve for unfunded lending commitments, beginning of period	$	89,472	$	6,028	$	—	$	95,500
Release of unfunded lending commitments	(6,127)		32		—		(6,095)

Reserve for unfunded lending commitments, end of period	83,345		6,060		—		89,405
Total ACL, end of period	$	530,423	$	3,296,067	$	46,748	$	3,873,238

(1) Credit loss expense includes $20.4 million related to retail installment contracts transferred to held for sale during the three and six months ended June 30, 2019.

Schedule of Non-accrual Loans

The amortized cost basis of financial instruments that are either non-accrual with related expected credit loss or nonaccrual without related expected credit loss disaggregated by class of financing receivables and other non-performing assets is as follows:


	Non-accrual loans as of ⁽¹⁾:						Non-accrual loans with no allowance		Interest Income recognized on nonaccrual loans
(in thousands)	June 30, 2020		December 31, 2019		June 30, 2020		June 30, 2020

Non-accrual loans:
Commercial:
CRE	$	110,814	$	83,117	$	62,960	$	—
C&I	92,895		153,428		40,875		—
Multifamily	60,188		5,112		45,460		—
Other commercial	16,440		31,987		5,790		—
Total commercial loans	280,337		273,644		155,085		—
Consumer:
Residential mortgages	147,931		134,957		77,568		—
Home equity loans and lines of credit	110,917		107,289		41,415		—
RICs and auto loans	903,290		1,643,459		187,368		62,572
Personal unsecured loans	2,801		2,212		367		—
Other consumer	10,161		11,491		81		—
Total consumer loans	1,175,100		1,899,408		306,799		62,572
Total non-accrual loans	1,455,437		2,173,052		461,884		62,572

OREO	53,258		66,828		—		—
Repossessed vehicles	131,309		212,966		—		—
Foreclosed and other repossessed assets	2,268		4,218		—		—
Total OREO and other repossessed assets	186,835		284,012		—		—
Total non-performing assets	$	1,642,272	$	2,457,064	$	461,884	$	62,572

(1) The December 31, 2019 table includes balances based on recorded investment. Differences between amortized cost and UPB were not material

Aging Analysis of Loan Portfolio

The age of amortized cost in past due loans and accruing loans 90 days or greater past due disaggregated by class of financing receivables is summarized as follows:


	As of:
		June 30, 2020
(in thousands)		30-89 Days Past Due		90 Days or Greater		Total Past Due		Current		Total Financing Receivables		Amortized Cost > 90 Days and Accruing
Commercial:
CRE⁽¹⁾		$	103,448	$	89,702	$	193,150	$	8,311,839	$	8,504,989	$	—
C&I⁽²⁾		36,285		62,934		99,219		18,168,280		18,267,499		—
Multifamily⁽³⁾		37,575		7,164		44,739		8,564,614		8,609,353		—
Other commercial		56,345		7,763		64,108		7,127,466		7,191,574		107
Consumer:
Residential mortgages⁽⁴⁾		96,234		118,981		215,215		8,258,779		8,473,994		—
Home equity loans and lines of credit		44,406		78,839		123,245		4,391,435		4,514,680		—
RICs and auto loans⁽⁵⁾		1,861,286		277,184		2,138,470		36,864,123		39,002,593		—
Personal unsecured loans⁽⁶⁾		53,540		75,954		129,494		1,769,282		1,898,776		67,045
Other consumer		9,414		8,212		17,626		252,111		269,737		—
Total		$	2,298,533	$	726,733	$	3,025,266	$	93,707,929	$	96,733,195	$	67,152

(1) CRE loans includes $1.1 billion of LHFS at June 30, 2020.

(2) C&I loans includes $603.0 million of LHFS at June 30, 2020.

(3) Multifamily loans includes $46.5 million of LHFS at June 30, 2020.

(4) Residential mortgages includes $1.0 billion of LHFS at June 30, 2020.

(5) Personal unsecured loans includes $1.0 billion of LHFS at June 30, 2020.

(6) RICs and auto loans includes $1.6 billion of LHFS at June 30, 2020.


	As of
		December 31, 2019
(in thousands)		30-89 Days Past Due		90 Days or Greater		Total Past Due		Current		Total Financing Receivables		Recorded Investment > 90 Days and Accruing
Commercial:
CRE		$	51,472	$	65,290	$	116,762	$	8,351,261	$	8,468,023	$	—
C&I⁽¹⁾		55,957		84,640		140,597		16,510,391		16,650,988		—
Multifamily		10,456		3,704		14,160		8,627,044		8,641,204		—
Other commercial		61,973		6,352		68,325		7,322,469		7,390,794		—
Consumer:
Residential mortgages⁽²⁾		154,978		128,578		283,556		8,848,971		9,132,527		—
Home equity loans and lines of credit		45,417		75,972		121,389		4,648,955		4,770,344		—
RICs and auto loans		4,364,110		404,723		4,768,833		31,687,914		36,456,747		—
Personal unsecured loans⁽³⁾		85,277		102,572		187,849		2,110,803		2,298,652		93,102
Other consumer		11,375		7,479		18,854		297,530		316,384		—
Total		$	4,841,015	$	879,310	$	5,720,325	$	88,405,338	$	94,125,663	$	93,102

(1)C&I loans included $116.3 million of LHFS at December 31, 2019.

(2) Residential mortgages included $296.8 million of LHFS at December 31, 2019.

(3) Personal unsecured loans included $1.0 billion of LHFS at December 31, 2019.

Schedule of Financing Receivable by LTV

Residential mortgage and home equity financing receivables by LTV and FICO range are summarized as follows:


As of June 30, 2020	Residential Mortgages⁽¹⁾⁽³⁾
(dollars in thousands)	Amortized Cost by Origination Year
FICO Score	2020⁽⁴⁾		2019		2018		2017		2016		Prior		Grand Total
N/A⁽²⁾
LTV <= 70%	$	—	$	—	$	527	$	508	$	—	$	23,846	$	24,881
70.01-80%	—		—		—		—		456		21,153		21,609
80.01-90%	—		—		—		—		—		1,888		1,888
90.01-100%	—		—		—		—		—		1,285		1,285
100.01-110%	—		—		—		—		—		205		205
LTV>110%	—		—		—		—		—		423		423
LTV - N/A⁽²⁾	4,105		13,129		7,694		9,885		8,797		21,246		64,856


<600
LTV <= 70%	$	844	$	2,469	$	2,631	$	17,153	$	13,278	$	131,518	$	167,893
70.01-80%	824		5,175		5,104		5,562		5,112		12,978		34,755
80.01-90%	—		5,273		12,828		5,073		252		2,080		25,506
90.01-100%	—		8,130		—		—		219		936		9,285
100.01-110%	—		—		—		—		—		727		727
LTV>110%	—		—		—		—		—		1,621		1,621
LTV - N/A(2)	—		—		—		—		—		63		63


600-639
LTV <= 70%	$	2,686	$	8,518	$	10,572	$	11,914	$	14,745	$	90,769	$	139,204
70.01-80%	2,345		3,979		2,864		3,992		2,756		9,381		25,317
80.01-90%	459		6,397		8,444		3,680		—		1,277		20,257
90.01-100%	882		5,980		177		—		—		719		7,758
100.01-110%	—		—		—		—		—		785		785
LTV>110%	—		—		—		—		—		1,228		1,228
LTV - N/A⁽²⁾	—		—		—		—		—		—		—


640-679
LTV <= 70%	$	2,747	$	18,935	$	20,470	$	31,462	$	29,651	$	131,277	$	234,542
70.01-80%	4,467		22,995		11,654		7,759		3,952		7,114		57,941
80.01-90%	1,243		8,453		18,079		6,358		—		1,731		35,864
90.01-100%	2,512		14,658		194		—		—		1,213		18,577
100.01-110%	—		—		—		—		—		570		570
LTV>110%	—		—		—		—		—		441		441
LTV - N/A⁽²⁾	—		—		—		—		—		38		38


680-719
LTV <= 70%	$	19,353	$	47,345	$	40,864	$	77,285	$	61,120	$	226,123	$	472,090
70.01-80%	19,074		56,309		28,699		16,310		9,506		6,846		136,744
80.01-90%	2,520		19,942		28,010		6,190		137		3,349		60,148
90.01-100%	12,423		36,127		325		—		—		1,487		50,362
100.01-110%	—		—		—		—		—		566		566
LTV>110%	—		—		—		—		—		492		492
LTV - N/A(2)	231		—		—		—		—		80		311


720-759
LTV <= 70%	$	53,791	$	97,325	$	89,547	$	173,393	$	139,901	$	344,344	$	898,301
70.01-80%	41,227		100,520		60,188		21,464		12,614		8,215		244,228
80.01-90%	6,824		48,682		52,732		13,132		224		2,124		123,718
90.01-100%	21,757		52,828		—		13		—		538		75,136
100.01-110%	—		—		—		—		—		592		592
LTV>110%	—		—		—		—		—		820		820
LTV - N/A⁽²⁾	499		—		—		—		—		237		736


>=760
LTV <= 70%	$	147,498	$	377,193	$	249,148	$	624,069	$	682,579	$	1,324,440	$	3,404,927
70.01-80%	89,572		356,464		148,998		79,307		28,609		16,725		719,675
80.01-90%	12,902		129,572		87,007		24,838		158		5,011		259,488
90.01-100%	22,395		65,665		—		—		95		4,371		92,526
100.01-110%	—		—		—		—		77		276		353
LTV>110%	—		—		—		—		93		2,727		2,820
LTV - N/A⁽²⁾	156		1,102		—		—		—		320		1,578
Total - All FICO Bands
LTV <= 70%	$	226,919	$	551,785	$	413,759	$	935,784	$	941,274	$	2,272,317	$	5,341,838
70.01-80%	157,509		545,442		257,507		134,394		63,005		82,412		1,240,269
80.01-90%	23,948		218,319		207,100		59,271		771		17,460		526,869
90.01-100%	59,969		183,388		696		13		314		10,549		254,929
100.01-110%	—		—		—		—		77		3,721		3,798
LTV>110%	—		—		—		—		93		7,752		7,845
LTV - N/A⁽²⁾	4,991		14,231		7,694		9,885		8,797		21,984		67,582
Grand Total	$	473,336	$	1,513,165	$	886,756	$	1,139,347	$	1,014,331	$	2,416,195	$	7,443,130

(1) Excludes LHFS.

(2) Balances in the "N/A" range for LTV or FICO score primarily represent loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable.

(3) The ALLL model considers LTV for financing receivables in first lien position and CLTV for financing receivables in second lien position for the Company.

(4) Loans originated during the six-months ended June 30, 2020.

NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued)


As of June 30, 2020	Home Equity Loans and Lines of Credit⁽²⁾
(in thousands)	Amortized Cost by Origination Year
FICO Score	2020⁽⁴⁾		2019		2018		2017		2016		Prior		Total		Revolving
N/A⁽²⁾
LTV <= 70%	$	3	$	6	$	128	$	32	$	1,779	$	39,684	$	41,632	$	8,382
70.01-90%	—		20		—		180		698		12,795		13,693		203
90.01-110%	—		—		—		—		—		1,890		1,890		—
LTV>110%	—		—		—		—		—		110		110		—
LTV - N/A⁽²⁾	5,641		14,130		17,593		16,764		12,846		81,025		147,999		—

<600
LTV <= 70%	$	75	$	1,286	$	6,233	$	12,651	$	15,838	$	136,418	$	172,501	$	160,821
70.01-90%	241		1,278		5,542		4,257		1,891		14,164		27,373		25,973
90.01-110%	—		—		—		—		—		3,242		3,242		2,898
LTV>110%	—		—		—		—		—		3,529		3,529		3,354
LTV - N/A⁽²⁾	—		—		—		15		—		531		546		—

600-639
LTV <= 70%	$	456	$	3,750	$	9,002	$	11,382	$	11,945	$	108,247	$	144,782	$	141,223
70.01-90%	282		3,405		4,205		4,563		930		13,831		27,216		26,716
90.01-110%	—		—		—		—		—		2,735		2,735		2,572
LTV>110%	—		—		—		—		—		1,322		1,322		1,268
LTV - N/A⁽²⁾	—		—		—		—		—		41		41		—

640-679
LTV <= 70%	$	3,161	$	14,182	$	21,111	$	24,409	$	22,616	$	162,386	$	247,865	$	244,981
70.01-90%	2,964		11,209		15,972		8,636		4,137		20,601		63,519		63,621
90.01-110%	—		49		—		—		—		6,038		6,087		5,593
LTV>110%	49		—		—		—		—		2,871		2,920		2,864
LTV - N/A⁽²⁾	—		96		—		—		—		108		204		—

680-719
LTV <= 70%	$	16,884	$	30,602	$	45,671	$	50,892	$	52,600	$	275,868	$	472,517	$	465,016
70.01-90%	7,604		25,255		28,220		23,606		5,556		31,641		121,882		122,310
90.01-110%	145		—		—		—		—		11,398		11,543		11,211
LTV>110%	—		—		228		—		—		4,956		5,184		4,863
LTV - N/A⁽²⁾	41		—		—		—		—		81		122		—

720-759
LTV <= 70%	$	23,514	$	51,429	$	69,467	$	75,952	$	70,675	$	376,303	$	667,340	$	658,903
70.01-90%	13,548		33,229		40,610		31,839		7,607		38,422		165,255		164,950
90.01-110%	—		133		4		—		—		12,751		12,888		11,664
LTV>110%	—		—		—		—		—		10,310		10,310		9,922
LTV - N/A⁽²⁾	311		72		—		65		—		157		605		—

>=760
LTV <= 70%	$	64,081	$	145,116	$	185,988	$	183,811	$	164,397	$	988,605	$	1,731,998	$	1,706,323
70.01-90%	29,373		76,230		81,349		54,257		17,771		104,747		363,727		365,233
90.01-110%	289		85		—		—		—		25,698		26,072		25,224
LTV>110%	426		79		—		—		—		14,287		14,792		14,209
LTV - N/A⁽²⁾	333		264		132		70		—		440		1,239		—

Total - All FICO Bands
LTV <= 70%	$	108,174	$	246,371	$	337,600	$	359,129	$	339,850	$	2,087,511	$	3,478,635	$	3,385,649
LTV 70.01 - 90%	54,012		150,626		175,898		127,338		38,590		236,201		782,665		769,006
LTV 90.01 - 110%	434		267		4		—		—		63,752		64,457		59,162
LTV>110%	475		79		228		—		—		37,385		38,167		36,480
LTV - N/A⁽²⁾	6,326		14,562		17,725		16,914		12,846		82,383		150,756		—
Grand Total	$	169,421	$	411,905	$	531,455	$	503,381	$	391,286	$	2,507,232	$	4,514,680	$	4,250,297

(1) - (4) Refer to corresponding notes above.

NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued)


	Residential Mortgages⁽¹⁾⁽³⁾
December 31, 2019	N/A⁽²⁾		LTV<=70%		70.01-80%		80.01-90%		90.01-100%		100.01-110%		LTV>110%		Grand Total
FICO Score	(dollars in thousands)
N/A⁽²⁾	$	92,052	$	4,654	$	534	$	—	$	—	$	—	$	—	$	97,240
<600	33		180,465		48,344		36,401		27,262		1,518		2,325		296,348
600-639	31		122,675		45,189		34,690		37,358		636		1,108		241,687
640-679	1,176		263,781		89,179		78,215		87,067		946		1,089		521,453
680-719	7,557		511,018		219,766		132,076		155,857		1,583		2,508		1,030,365
720-759	14,427		960,290		413,532		195,335		191,850		1,959		3,334		1,780,727
>=760	36,621		3,324,285		938,368		353,989		203,665		3,673		7,281		4,867,882
Grand Total	$	151,897	$	5,367,168	$	1,754,912	$	830,706	$	703,059	$	10,315	$	17,645	$	8,835,702

(1) Excludes LHFS.

(2) Residential mortgages in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable.

(3) The ALLL model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company.


	Home Equity Loans and Lines of Credit⁽²⁾
December 31, 2019	N/A⁽¹⁾		LTV<=70%		70.01-90%		90.01-110%		LTV>110%		Grand Total
FICO Score
N/A⁽¹⁾	$	176,138	$	189	$	153	$	—	$	—	$	176,480
<600	824		215,977		66,675		11,467		4,459		299,402
600-639	1,602		147,089		34,624		4,306		3,926		191,547
640-679	9,964		264,021		78,645		8,079		3,626		364,335
680-719	17,120		478,817		146,529		12,558		9,425		664,449
720-759	25,547		665,647		204,104		12,606		10,857		918,761
>=760	61,411		1,639,702		408,812		30,259		15,186		2,155,370
Grand Total	$	292,606	$	3,411,442	$	939,542	$	79,275	$	47,479	$	4,770,344

(1) Excludes LHFS.

(2) Home equity loans and lines of credit in the "N/A" range for LTV or FICO score primarily represent the balance on loans serviced by others, in run-off portfolios or for which a current LTV or FICO score is unavailable.

(3) The ALLL model considers LTV for financing receivables in first lien position for the Company and CLTV for financing receivables in second lien position for the Company.

NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued)

Summary of Performing and Non-performing TDRs

The following table summarizes the Company’s performing and non-performing TDRs at the dates indicated:


(in thousands)	June 30, 2020		December 31, 2019

Performing	$	3,850,850	$	3,646,354
Non-performing	449,245		673,777
Total⁽¹⁾	$	4,300,095	$	4,320,131

(1) Excludes LHFS.

Schedule of Troubled Debt Restructurings

The following tables detail the activity of TDRs for the three-month and six-month periods ended June 30, 2020 and 2019:


	Three-Month Period Ended June 30, 2020
	Number of Contracts	Pre-TDR Amortized Cost⁽¹⁾		Post-TDR Amortized Cost⁽²⁾
	(dollars in thousands)
Commercial:
CRE	9	$	13,047	$	13,047
C&I	354	27,130		27,226
Multi-family	5	51,466		51,466
Other commercial	4	72		72
Consumer:
Residential mortgages⁽³⁾	15	1,811		1,809
Home equity loans and lines of credit	22	2,693		2,939
RICs and auto loans	45,060	896,193		911,804
Personal unsecured loans	1	—		—
Other consumer	765	27,383		27,726
Total	46,235	$	1,019,795	$	1,036,089

	Six-Month Period Ended June 30, 2020
	Number of Contracts	Pre-TDR Recorded Investment⁽¹⁾		Post-TDR Recorded Investment⁽²⁾
	(dollars in thousands)
Commercial:
CRE	11	$	14,974	$	14,974
C&I	389	27,965		28,063
Multi-family	5	51,466		51,466
Other commercial	5	117		117
Consumer:
Residential mortgages⁽³⁾	28	3,672		3,814
Home equity loans and lines of credit	50	4,767		5,034
RICs and auto loans	54,855	1,072,573		1,088,570
Personal unsecured loans	2	—		—
Other consumer	798	28,575		28,908
Total	56,143	$	1,204,109	$	1,220,946

(1) Pre-TDR modification amount is the month-end balance prior to the month in which the modification occurred.

(2) Post-TDR modification amount is the month-end balance for the month in which the modification occurred.

(3) The post-TDR modification amounts for residential mortgages exclude interest reserves.

NOTE 3. LOANS AND ALLOWANCE FOR CREDIT LOSSES (continued)


	Three-Month Period Ended June 30, 2019
	Number of Contracts	Pre-TDR Recorded Investment⁽¹⁾		Post-TDR Recorded Investment⁽²⁾
	(dollars in thousands)
Commercial:
CRE	8	$	423	$	416
C&I	14	318		317


Consumer:
Residential mortgages⁽³⁾	22	4,011		4,088
Home equity loans and lines of credit	35	2,863		3,181
RICs and auto loans	17,322	294,796		295,513
Personal unsecured loans	74	736		745
Other consumer	13	442		439
Total	17,488	$	303,589	$	304,699


	Six-Month Period Ended June 30, 2019
	Number of Contracts	Pre-TDR Recorded Investment⁽¹⁾		Post-TDR Recorded Investment⁽²⁾
	(dollars in thousands)
Commercial:
CRE	25	$	45,131	$	46,230
C&I	38	938		938


Consumer:
Residential mortgages⁽³⁾	48	7,524		7,758
Home equity loans and lines of credit	75	7,858		8,597
RICs and auto loans	37,171	624,938		626,273
Personal unsecured loans	125	1,307		1,313
Other consumer	19	625		621
Total	37,501	$	688,321	$	691,730

(1) Pre-TDR modification outstanding recorded investment amount is the month-end balance prior to the month in which the modification occurred.

(2)Post-TDR modification outstanding recorded investment amount is the month-end balance for the month in which the modification occurred.

(3)The post-TDR modification outstanding recorded investment amounts for residential mortgages exclude interest reserves.

The following table details period-end amortized cost balances of TDRs that became TDRs during the past twelve-month period and have subsequently defaulted during the three-month and six-month periods ended June 30, 2020 and 2019, respectively.


	Three-Month Period Ended June 30,										Six-Month Period Ended June 30,
	2020				2019					2020			2019
	Number of Contracts	Recorded Investment⁽¹⁾		Number of Contracts	Recorded Investment⁽¹⁾		Number of Contracts	Recorded Investment⁽¹⁾		Number of Contracts	Recorded Investment⁽¹⁾
	(dollars in thousands)										(dollars in thousands)
Commercial
CRE	14	$	2,909	1	$	93	32	$	5,114	2	$	223
C&I	5	1,045		10	254		16	8,260		25	845
Other commercial	—	—		—	—		1	45		—	—
Consumer:
Residential mortgages	22	3,640		26	2,826		30	4,880		79	7,628
Home equity loans and lines of credit	10	1,142		9	641		22	3,104		15	1,066
RICs and auto loans	2,000	31,441		5,326	89,749		6,076	100,437		12,885	215,071
Personal unsecured loans	—	—		57	646		—	—		117	1,180
Other consumer	35	1,519		—	—		46	1,807		—	—
Total	2,086	$	41,696	5,429	$	94,209	6,223	$	123,647	13,123	$	226,013

(1)Represents the period-end balance. Does not include Chapter 7 bankruptcy TDRs.