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Allowance for Credit Losses on Loans and Leases (Tables)
 9 Months Ended
Sep. 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 Nine Months Ended September 30,
20232022
(in millions)MortgageOtherTotalMortgageOtherTotal
Balance, beginning of period$290 $103 $393 $178 $21 $199 
Adjustment for Purchased PCD Loans—1313———
Charge-offs(19)(15)(34)(5)—(5)
Recoveries—11114610
Provision for (recovery of) credit losses on loans and leases10812823631(17)14
Balance, end of period$379 $240 $619 $208 $10 $218 
Schedule of Additional Information about Nonaccrual Loans
The following table presents additional information about the Company’s nonaccrual loans at September 30, 2023:
(in millions)Recorded InvestmentRelated AllowanceInterest Income Recognized
Nonaccrual loans with no related allowance:
Multi-family$58 $— $1 
Commercial real estate42—1
One-to-four family first mortgage84——
Acquisition, development, and construction———
Other (includes C&I)38——
Total nonaccrual loans with no related allowance$222 $— $2 
Nonaccrual loans with an allowance recorded:
Multi-family$44 $1 $1 
Commercial real estate11543
One-to-four family first mortgage6——
Acquisition, development, and construction11—
Other (includes C&I)4632—
Total nonaccrual loans with an allowance recorded$212 $38 $4 
Total nonaccrual loans:
Multi-family$102 $1 $2 
Commercial real estate15744
One-to-four family first mortgage90——
Acquisition, development, and construction11—
Other (includes C&I)8432—
Total nonaccrual loans$434 $38 $6 

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