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Allowance for Credit Losses on Loans and Leases (Tables)
 6 Months Ended
Jun. 30, 2023
Credit Loss [Abstract]  
Schedule of Activity in the Allowance for Loan and Lease Losses
The following table summarizes activity in the allowance for credit losses for the periods indicated:

For the Six Months Ended June 30,
20232022
(in millions)MortgageOtherTotalMortgageOtherTotal
Balance, beginning of period$290 $103 $393 $178 $21 $199 
Adjustment for Purchased PCD Loans—1313———
Charge-offs(3)(5)(8)(4)—(4)
Recoveries—99459
Provision for (recovery of) credit losses on loans and leases4314418730(18)12
Balance, end of period$330 $264 $594 $208 $8 $216 
Schedule of Additional Information about Nonaccrual Loans
The following table presents additional information about the Company’s nonaccrual loans at June 30, 2023:
(in millions)Recorded InvestmentRelated AllowanceInterest Income Recognized
Nonaccrual loans with no related allowance:
Multi-family$32 $— $— 
Commercial real estate34—1
One-to-four family first mortgage78——
Other (includes C&I)59——
Total nonaccrual loans with no related allowance$203 $— $1 
Nonaccrual loans with an allowance recorded:
Multi-family$1 $— $— 
Commercial real estate2——
One-to-four family first mortgage73—
Other (includes C&I)2015—
Total nonaccrual loans with an allowance recorded$30 $18 $— 
Total nonaccrual loans:
Multi-family$33 $— $— 
Commercial real estate36—1
One-to-four family first mortgage853—
Other (includes C&I)7915—
Total nonaccrual loans$233 $18 $1 

The following table presents additional information about the Company’s nonaccrual loans at December 31, 2022:

(in millions)Recorded InvestmentRelated AllowanceInterest Income Recognized
Nonaccrual loans with no related allowance:
Multi-family$13 $— $— 
Commercial real estate19—1
One-to-four family first mortgage90——
Other (includes C&I)3——
Total nonaccrual loans with no related allowance$125 $— $1 
Nonaccrual loans with an allowance recorded:
Commercial real estate$1 $— $— 
One-to-four family first mortgage2——
Other (includes C&I)1314—
Total nonaccrual loans with an allowance recorded$16 $14 $— 
Total nonaccrual loans:
Multi-family$13 $— $— 
Commercial real estate20—1
One-to-four family first mortgage92——
Other (includes C&I)1614—
Total nonaccrual loans$141 $14 $1