0000091576--12-312022Q2FALSEhttp://fasb.org/us-gaap/2022#AccountingStandardsUpdate201613Member0.040.0250.0250.02500000915762022-01-012022-06-300000091576us-gaap:CommonStockMember2022-01-012022-06-300000091576us-gaap:SeriesEPreferredStockMember2022-01-012022-06-300000091576us-gaap:SeriesFPreferredStockMember2022-01-012022-06-300000091576us-gaap:SeriesGPreferredStockMember2022-01-012022-06-3000000915762022-07-29xbrli:shares00000915762022-06-30iso4217:USD00000915762021-12-31iso4217:USDxbrli:shares0000091576us-gaap:ResidentialMortgageMember2022-06-300000091576us-gaap:ResidentialMortgageMember2021-12-3100000915762022-04-012022-06-3000000915762021-04-012021-06-3000000915762021-01-012021-06-300000091576us-gaap:PreferredStockMember2021-12-310000091576us-gaap:CommonStockMember2021-12-310000091576us-gaap:AdditionalPaidInCapitalMember2021-12-310000091576us-gaap:RetainedEarningsMember2021-12-310000091576us-gaap:TreasuryStockMember2021-12-310000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-12-310000091576us-gaap:RetainedEarningsMember2022-01-012022-06-300000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-01-012022-06-300000091576us-gaap:AdditionalPaidInCapitalMember2022-01-012022-06-300000091576us-gaap:SeriesDPreferredStockMember2022-01-012022-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesDPreferredStockMember2022-01-012022-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesEPreferredStockMember2022-01-012022-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesFPreferredStockMember2022-01-012022-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesGPreferredStockMember2022-01-012022-06-300000091576us-gaap:CommonStockMember2022-01-012022-06-300000091576us-gaap:TreasuryStockMember2022-01-012022-06-300000091576us-gaap:PreferredStockMember2022-06-300000091576us-gaap:CommonStockMember2022-06-300000091576us-gaap:AdditionalPaidInCapitalMember2022-06-300000091576us-gaap:RetainedEarningsMember2022-06-300000091576us-gaap:TreasuryStockMember2022-06-300000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-06-300000091576us-gaap:PreferredStockMember2022-03-310000091576us-gaap:CommonStockMember2022-03-310000091576us-gaap:AdditionalPaidInCapitalMember2022-03-310000091576us-gaap:RetainedEarningsMember2022-03-310000091576us-gaap:TreasuryStockMember2022-03-310000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-03-3100000915762022-03-310000091576us-gaap:RetainedEarningsMember2022-04-012022-06-300000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-04-012022-06-300000091576us-gaap:SeriesDPreferredStockMember2022-04-012022-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesDPreferredStockMember2022-04-012022-06-300000091576us-gaap:SeriesEPreferredStockMember2022-04-012022-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesEPreferredStockMember2022-04-012022-06-300000091576us-gaap:SeriesFPreferredStockMember2022-04-012022-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesFPreferredStockMember2022-04-012022-06-300000091576us-gaap:SeriesGPreferredStockMember2022-04-012022-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesGPreferredStockMember2022-04-012022-06-300000091576us-gaap:CommonStockMember2022-04-012022-06-300000091576us-gaap:AdditionalPaidInCapitalMember2022-04-012022-06-300000091576us-gaap:TreasuryStockMember2022-04-012022-06-300000091576us-gaap:PreferredStockMember2020-12-310000091576us-gaap:CommonStockMember2020-12-310000091576us-gaap:AdditionalPaidInCapitalMember2020-12-310000091576us-gaap:RetainedEarningsMember2020-12-310000091576us-gaap:TreasuryStockMember2020-12-310000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-3100000915762020-12-3100000915762021-01-012021-03-310000091576srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2020-12-310000091576us-gaap:RetainedEarningsMember2021-01-012021-06-300000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-06-300000091576us-gaap:SeriesDPreferredStockMember2021-01-012021-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesDPreferredStockMember2021-01-012021-06-300000091576us-gaap:SeriesEPreferredStockMember2021-01-012021-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesEPreferredStockMember2021-01-012021-06-300000091576us-gaap:SeriesFPreferredStockMember2021-01-012021-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesFPreferredStockMember2021-01-012021-06-300000091576us-gaap:SeriesGPreferredStockMember2021-01-012021-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesGPreferredStockMember2021-01-012021-06-300000091576us-gaap:CommonStockMember2021-01-012021-06-300000091576us-gaap:TreasuryStockMember2021-01-012021-06-300000091576us-gaap:AdditionalPaidInCapitalMember2021-01-012021-06-300000091576us-gaap:PreferredStockMember2021-06-300000091576us-gaap:CommonStockMember2021-06-300000091576us-gaap:AdditionalPaidInCapitalMember2021-06-300000091576us-gaap:RetainedEarningsMember2021-06-300000091576us-gaap:TreasuryStockMember2021-06-300000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-06-3000000915762021-06-300000091576us-gaap:PreferredStockMember2021-03-310000091576us-gaap:CommonStockMember2021-03-310000091576us-gaap:AdditionalPaidInCapitalMember2021-03-310000091576us-gaap:RetainedEarningsMember2021-03-310000091576us-gaap:TreasuryStockMember2021-03-310000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-03-3100000915762021-03-310000091576us-gaap:RetainedEarningsMember2021-04-012021-06-300000091576us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-04-012021-06-300000091576us-gaap:AdditionalPaidInCapitalMember2021-04-012021-06-300000091576us-gaap:SeriesDPreferredStockMember2021-04-012021-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesDPreferredStockMember2021-04-012021-06-300000091576us-gaap:SeriesEPreferredStockMember2021-04-012021-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesEPreferredStockMember2021-04-012021-06-300000091576us-gaap:SeriesFPreferredStockMember2021-04-012021-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesFPreferredStockMember2021-04-012021-06-300000091576us-gaap:SeriesGPreferredStockMember2021-04-012021-06-300000091576us-gaap:RetainedEarningsMemberus-gaap:SeriesGPreferredStockMember2021-04-012021-06-300000091576us-gaap:CommonStockMember2021-04-012021-06-300000091576us-gaap:TreasuryStockMember2021-04-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMember2021-12-310000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:ResidentialPrimeFinancingReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:ResidentialPrimeFinancingReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576us-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CreditCardReceivablesMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CreditCardReceivablesMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CollateralPledgedMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CollateralPledgedMember2021-12-310000091576us-gaap:SegmentDiscontinuedOperationsMemberkey:EducationLendingMember2022-06-300000091576us-gaap:SegmentDiscontinuedOperationsMemberkey:EducationLendingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2022-03-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2022-04-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2022-03-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2022-04-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2022-03-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2022-04-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2022-03-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2022-04-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2022-03-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2022-04-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMember2022-03-310000091576us-gaap:CommercialPortfolioSegmentMember2022-04-012022-06-300000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-04-012022-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2022-04-012022-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-03-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-04-012022-06-300000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2022-03-310000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2022-04-012022-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-03-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-04-012022-06-300000091576us-gaap:ConsumerPortfolioSegmentMember2022-03-310000091576us-gaap:ConsumerPortfolioSegmentMember2022-04-012022-06-300000091576us-gaap:SegmentDiscontinuedOperationsMember2022-03-310000091576us-gaap:SegmentDiscontinuedOperationsMember2022-04-012022-06-300000091576us-gaap:SegmentDiscontinuedOperationsMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2021-03-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2021-04-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2021-03-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2021-04-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-03-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-04-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2021-03-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2021-04-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2021-03-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2021-04-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2021-06-300000091576us-gaap:CommercialPortfolioSegmentMember2021-03-310000091576us-gaap:CommercialPortfolioSegmentMember2021-04-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMember2021-06-300000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-04-012021-06-300000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2021-04-012021-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2021-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-03-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-04-012021-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-06-300000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2021-03-310000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2021-04-012021-06-300000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2021-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-03-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-04-012021-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-06-300000091576us-gaap:ConsumerPortfolioSegmentMember2021-03-310000091576us-gaap:ConsumerPortfolioSegmentMember2021-04-012021-06-300000091576us-gaap:ConsumerPortfolioSegmentMember2021-06-300000091576us-gaap:SegmentDiscontinuedOperationsMember2021-03-310000091576us-gaap:SegmentDiscontinuedOperationsMember2021-04-012021-06-300000091576us-gaap:SegmentDiscontinuedOperationsMember2021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2022-01-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2022-01-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2022-01-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2022-01-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2022-01-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMember2022-01-012022-06-300000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-01-012022-06-300000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-01-012022-06-300000091576us-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:SegmentDiscontinuedOperationsMember2021-12-310000091576us-gaap:SegmentDiscontinuedOperationsMember2022-01-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2020-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2021-01-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2020-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2021-01-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2020-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMember2021-01-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2020-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:CommercialRealEstateMember2021-01-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2020-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2021-01-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMember2020-12-310000091576us-gaap:CommercialPortfolioSegmentMember2021-01-012021-06-300000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2020-12-310000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2020-12-310000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2020-12-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-01-012021-06-300000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2020-12-310000091576key:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2020-12-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-01-012021-06-300000091576us-gaap:ConsumerPortfolioSegmentMember2020-12-310000091576us-gaap:ConsumerPortfolioSegmentMember2021-01-012021-06-300000091576us-gaap:SegmentDiscontinuedOperationsMember2020-12-310000091576us-gaap:SegmentDiscontinuedOperationsMember2021-01-012021-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:SegmentContinuingOperationsMember2022-04-012022-06-30xbrli:pure0000091576us-gaap:SegmentContinuingOperationsMemberus-gaap:ConsumerPortfolioSegmentMember2022-04-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberus-gaap:PassMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedAccruingMemberkey:CommercialAndIndustrialMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberkey:CriticizedNonaccruingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:PassMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedAccruingMemberkey:CommercialRealEstateCommercialMortgageMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedNonaccruingMemberkey:CommercialRealEstateCommercialMortgageMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberkey:CriticizedAccruingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberkey:CriticizedNonaccruingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMemberus-gaap:PassMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedAccruingMemberkey:CommercialLeaseFinancingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedNonaccruingMemberkey:CommercialLeaseFinancingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberus-gaap:PassMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedAccruingMemberkey:CommercialAndIndustrialMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberkey:CriticizedNonaccruingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:PassMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedAccruingMemberkey:CommercialRealEstateCommercialMortgageMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedNonaccruingMemberkey:CommercialRealEstateCommercialMortgageMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberus-gaap:PassMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberkey:CriticizedAccruingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:ConstructionLoansMemberkey:CriticizedNonaccruingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMemberus-gaap:PassMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedAccruingMemberkey:CommercialLeaseFinancingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CriticizedNonaccruingMemberkey:CommercialLeaseFinancingMember2021-12-310000091576key:FICOScoreGreaterThan750Memberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:FICOScore660to749Memberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:RealEstateResidentialMortgageMemberkey:FICOScoreLessthan660Memberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:FICOScoreNoScoreMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:FICOScoreGreaterThan750Memberus-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:HomeEquityLoanMemberkey:FICOScore660to749Memberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:HomeEquityLoanMemberkey:FICOScoreLessthan660Memberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:HomeEquityLoanMemberkey:FICOScoreNoScoreMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:FICOScoreGreaterThan750Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576key:FICOScore660to749Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576key:FICOScoreLessthan660Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576key:FICOScoreNoScoreMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576key:FICOScoreGreaterThan750Memberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:FICOScore660to749Memberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:FICOScoreLessthan660Memberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:FICOScoreNoScoreMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:FICOScoreGreaterThan750Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576key:FICOScore660to749Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576key:FICOScoreLessthan660Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576key:FICOScoreNoScoreMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576key:FICOScoreGreaterThan750Memberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:FICOScore660to749Memberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:RealEstateResidentialMortgageMemberkey:FICOScoreLessthan660Memberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:FICOScoreNoScoreMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:FICOScoreGreaterThan750Memberus-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:HomeEquityLoanMemberkey:FICOScore660to749Memberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:HomeEquityLoanMemberkey:FICOScoreLessthan660Memberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:HomeEquityLoanMemberkey:FICOScoreNoScoreMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:FICOScoreGreaterThan750Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576key:FICOScore660to749Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576key:FICOScoreLessthan660Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576key:FICOScoreNoScoreMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576key:FICOScoreGreaterThan750Memberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:FICOScore660to749Memberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:FICOScoreLessthan660Memberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:FICOScoreNoScoreMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:FICOScoreGreaterThan750Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576key:FICOScore660to749Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576key:FICOScoreLessthan660Memberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576key:FICOScoreNoScoreMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialAndIndustrialMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialAndIndustrialMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateCommercialMortgageMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialRealEstateCommercialMortgageMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateConstructionMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialRealEstateConstructionMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateLoansMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialRealEstateLoansMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberkey:CommercialLeaseFinancingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialLeaseFinancingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialLeaseFinancingMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:RealEstateResidentialMortgageMemberus-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576key:RealEstateResidentialMortgageMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:FinancialAssetPastDueMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576us-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:CreditCardReceivablesMemberus-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:FinancialAssetPastDueMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576us-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMember2022-06-300000091576us-gaap:FinancingReceivables30To59DaysPastDueMember2022-06-300000091576us-gaap:FinancingReceivables60To89DaysPastDueMember2022-06-300000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-06-300000091576us-gaap:NonperformingFinancingReceivableMember2022-06-300000091576us-gaap:FinancialAssetPastDueMember2022-06-300000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialAndIndustrialMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialAndIndustrialMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateCommercialMortgageMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialRealEstateCommercialMortgageMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateConstructionMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialRealEstateConstructionMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateConstructionMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateLoansMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialRealEstateLoansMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialRealEstateLoansMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialLeaseFinancingMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberkey:CommercialLeaseFinancingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialLeaseFinancingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMemberkey:CommercialLeaseFinancingMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetNotPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:FinancialAssetPastDueMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:RealEstateResidentialMortgageMemberus-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576key:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576key:RealEstateResidentialMortgageMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:FinancialAssetPastDueMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:HomeEquityLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:HomeEquityLoanMemberus-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576us-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:CreditCardReceivablesMemberus-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:FinancialAssetPastDueMemberus-gaap:CreditCardReceivablesMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576us-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576us-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:FinancingReceivables30To59DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:ConsumerPortfolioSegmentMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:FinancialAssetPastDueMemberus-gaap:ConsumerPortfolioSegmentMember2021-12-310000091576us-gaap:FinancialAssetNotPastDueMember2021-12-310000091576us-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310000091576us-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310000091576us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310000091576us-gaap:NonperformingFinancingReceivableMember2021-12-310000091576us-gaap:FinancialAssetPastDueMember2021-12-310000091576key:RealEstateResidentialMortgageMember2022-01-012022-06-300000091576key:RealEstateResidentialMortgageMember2021-01-012021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialAndIndustrialMember2022-01-012022-06-30key:loan0000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMemberkey:CommercialAndIndustrialMember2021-01-012021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateCommercialMortgageMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-01-012021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateLoansMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberkey:CommercialRealEstateLoansMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-01-012021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2022-01-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberus-gaap:NonperformingFinancingReceivableMember2021-01-012021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberkey:RealEstateResidentialMortgageMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:HomeEquityLoanMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-01-012022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-01-012021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberkey:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberkey:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-01-012022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-01-012021-12-310000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:NonperformingFinancingReceivableMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-12-310000091576us-gaap:NonperformingFinancingReceivableMember2022-01-012022-06-300000091576us-gaap:NonperformingFinancingReceivableMember2021-01-012021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberkey:PriorYearAccruingMember2022-01-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:CommercialAndIndustrialMemberkey:PriorYearAccruingMember2021-01-012021-12-310000091576key:CommercialRealEstateCommercialMortgageMemberkey:PriorYearAccruingMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2022-01-012022-06-300000091576key:CommercialRealEstateCommercialMortgageMemberkey:PriorYearAccruingMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-01-012021-12-310000091576key:CommercialRealEstateLoansMemberkey:PriorYearAccruingMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2022-01-012022-06-300000091576key:CommercialRealEstateLoansMemberkey:PriorYearAccruingMemberus-gaap:CommercialRealEstatePortfolioSegmentMember2021-01-012021-12-310000091576us-gaap:CommercialPortfolioSegmentMemberkey:PriorYearAccruingMember2022-01-012022-06-300000091576us-gaap:CommercialPortfolioSegmentMemberkey:PriorYearAccruingMember2021-01-012021-12-310000091576key:RealEstateResidentialMortgageMemberkey:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576key:RealEstateResidentialMortgageMemberkey:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-12-310000091576us-gaap:HomeEquityLoanMemberkey:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576us-gaap:HomeEquityLoanMemberkey:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-12-310000091576key:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2022-01-012022-06-300000091576key:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerDirectLoansMember2021-01-012021-12-310000091576key:PriorYearAccruingMemberkey:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576key:PriorYearAccruingMemberkey:ConsumerCreditCardMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-12-310000091576key:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2022-01-012022-06-300000091576key:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMemberkey:ConsumerIndirectLoansMember2021-01-012021-12-310000091576key:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMember2022-01-012022-06-300000091576key:PriorYearAccruingMemberus-gaap:ConsumerPortfolioSegmentMember2021-01-012021-12-310000091576key:PriorYearAccruingMember2022-01-012022-06-300000091576key:PriorYearAccruingMember2021-01-012021-12-3100000915762021-01-012021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:USTreasuryAndGovernmentMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:USTreasuryAndGovernmentMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:USTreasuryAndGovernmentMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:USTreasuryAndGovernmentMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:USTreasuryAndGovernmentMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:USTreasuryAndGovernmentMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:USTreasuryAndGovernmentMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:USTreasuryAndGovernmentMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:USStatesAndPoliticalSubdivisionsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel2Memberus-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel2Memberus-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:CollateralizedMortgageObligationsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberkey:PrincipalDirectInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:PrincipalDirectInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberkey:PrincipalDirectInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:PrincipalDirectInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberkey:PrincipalDirectInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:PrincipalDirectInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberkey:PrincipalDirectInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:PrincipalDirectInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:PrincipalIndirectInvestmentsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:PrincipalIndirectInvestmentsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberkey:PrincipalInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel2Memberkey:PrincipalInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberkey:PrincipalInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:PrincipalInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberkey:PrincipalInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel2Memberkey:PrincipalInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberkey:PrincipalInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:PrincipalInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberkey:EquityInvestmentsDirectMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:EquityInvestmentsDirectMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberkey:EquityInvestmentsDirectMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:EquityInvestmentsDirectMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberkey:EquityInvestmentsDirectMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:EquityInvestmentsDirectMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberkey:EquityInvestmentsDirectMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:EquityInvestmentsDirectMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:EquityInvestmentsDirectNAVMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:EquityInvestmentsDirectNAVMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:EquityInvestmentsIndirectNAVMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:EquityInvestmentsIndirectNAVMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:EquityInvestmentsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:EquityInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:EquityInvestmentsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:EquityInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576key:EquityInvestmentsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:EquityInvestmentsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:EquityInvestmentsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:EquityInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:InterestRateContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:CommodityContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:CommodityContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:CreditRiskContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:CreditRiskContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:OtherCreditDerivativesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:OtherCreditDerivativesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:OtherCreditDerivativesMember2022-06-300000091576us-gaap:OtherCreditDerivativesMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:OtherCreditDerivativesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:OtherCreditDerivativesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:OtherCreditDerivativesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:OtherCreditDerivativesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:ShortMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ShortMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:ShortMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ShortMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:ShortMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ShortMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:ShortMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ShortMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:LongMemberus-gaap:InterestRateContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:LongMemberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:LongMemberus-gaap:InterestRateContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:LongMemberus-gaap:InterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:LongMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ForeignExchangeContractMemberus-gaap:LongMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:ForeignExchangeContractMemberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:LongMemberus-gaap:CommodityContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:LongMemberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:LongMemberus-gaap:CommodityContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:LongMemberus-gaap:CommodityContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:LongMemberus-gaap:CreditRiskContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:LongMemberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:LongMemberus-gaap:CreditRiskContractMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:LongMemberus-gaap:CreditRiskContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:OtherCreditDerivativesMemberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:OtherCreditDerivativesMemberus-gaap:LongMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:OtherCreditDerivativesMemberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:OtherCreditDerivativesMemberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:OtherCreditDerivativesMemberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:OtherCreditDerivativesMemberus-gaap:LongMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:OtherCreditDerivativesMemberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:OtherCreditDerivativesMemberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:LongMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:LongMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:LongMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576key:DirectInvestmentsMemberkey:PrincipalInvestmentsMember2022-06-300000091576key:DirectInvestmentsMemberkey:PrincipalInvestmentsMember2022-04-012022-06-300000091576key:DirectInvestmentsMemberkey:PrincipalInvestmentsMember2021-04-012021-06-300000091576key:DirectInvestmentsMemberkey:PrincipalInvestmentsMember2022-01-012022-06-300000091576key:DirectInvestmentsMemberkey:PrincipalInvestmentsMember2021-01-012021-06-300000091576key:IndirectInvestmentsMemberkey:PrincipalInvestmentsMember2022-06-300000091576key:IndirectInvestmentsMemberkey:PrincipalInvestmentsMember2022-04-012022-06-300000091576key:IndirectInvestmentsMemberkey:PrincipalInvestmentsMember2021-04-012021-06-300000091576key:IndirectInvestmentsMemberkey:PrincipalInvestmentsMember2022-01-012022-06-300000091576key:IndirectInvestmentsMemberkey:PrincipalInvestmentsMember2021-01-012021-06-300000091576key:PrincipalInvestmentsMember2022-06-300000091576key:PrincipalInvestmentsMember2022-04-012022-06-300000091576key:PrincipalInvestmentsMember2021-04-012021-06-300000091576key:PrincipalInvestmentsMember2022-01-012022-06-300000091576key:PrincipalInvestmentsMember2021-01-012021-06-300000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2021-12-310000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2022-01-012022-06-300000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2022-06-300000091576us-gaap:OtherInvestmentsMember2021-12-310000091576us-gaap:OtherInvestmentsMember2022-01-012022-06-300000091576us-gaap:OtherInvestmentsMember2022-06-300000091576key:LoansHeldForInvestmentFairValueMember2021-12-310000091576key:LoansHeldForInvestmentFairValueMember2022-01-012022-06-300000091576key:LoansHeldForInvestmentFairValueMember2022-06-300000091576us-gaap:InterestRateContractMember2021-12-310000091576us-gaap:InterestRateContractMember2022-01-012022-06-300000091576us-gaap:InterestRateContractMember2022-06-300000091576us-gaap:CreditRiskContractMember2021-12-310000091576us-gaap:CreditRiskContractMember2022-01-012022-06-300000091576us-gaap:CreditRiskContractMember2022-06-300000091576us-gaap:OtherCreditDerivativesMember2021-12-310000091576us-gaap:OtherCreditDerivativesMember2022-01-012022-06-300000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2022-03-310000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2022-04-012022-06-300000091576us-gaap:OtherInvestmentsMember2022-03-310000091576us-gaap:OtherInvestmentsMember2022-04-012022-06-300000091576key:LoansHeldForSaleFairValueMember2022-03-310000091576key:LoansHeldForSaleFairValueMember2022-04-012022-06-300000091576key:LoansHeldForSaleFairValueMember2022-06-300000091576key:LoansHeldForInvestmentFairValueMember2022-03-310000091576key:LoansHeldForInvestmentFairValueMember2022-04-012022-06-300000091576us-gaap:InterestRateContractMember2022-03-310000091576us-gaap:InterestRateContractMember2022-04-012022-06-300000091576us-gaap:CreditRiskContractMember2022-03-310000091576us-gaap:CreditRiskContractMember2022-04-012022-06-300000091576us-gaap:OtherCreditDerivativesMember2022-03-310000091576us-gaap:OtherCreditDerivativesMember2022-04-012022-06-300000091576us-gaap:AvailableforsaleSecuritiesMemberus-gaap:OtherDebtSecuritiesMember2020-12-310000091576us-gaap:AvailableforsaleSecuritiesMemberus-gaap:OtherDebtSecuritiesMember2021-01-012021-06-300000091576us-gaap:AvailableforsaleSecuritiesMemberus-gaap:OtherDebtSecuritiesMember2021-06-300000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2020-12-310000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2021-01-012021-06-300000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2021-06-300000091576us-gaap:OtherInvestmentsMember2020-12-310000091576us-gaap:OtherInvestmentsMember2021-01-012021-06-300000091576us-gaap:OtherInvestmentsMember2021-06-300000091576key:LoansHeldForSaleFairValueMember2020-12-310000091576key:LoansHeldForSaleFairValueMember2021-01-012021-06-300000091576key:LoansHeldForSaleFairValueMember2021-06-300000091576key:LoansHeldForInvestmentFairValueMember2020-12-310000091576key:LoansHeldForInvestmentFairValueMember2021-01-012021-06-300000091576key:LoansHeldForInvestmentFairValueMember2021-06-300000091576us-gaap:InterestRateContractMember2020-12-310000091576us-gaap:InterestRateContractMember2021-01-012021-06-300000091576us-gaap:InterestRateContractMember2021-06-300000091576us-gaap:CreditRiskContractMember2020-12-310000091576us-gaap:CreditRiskContractMember2021-01-012021-06-300000091576us-gaap:CreditRiskContractMember2021-06-300000091576us-gaap:OtherCreditDerivativesMember2020-12-310000091576us-gaap:OtherCreditDerivativesMember2021-01-012021-06-300000091576us-gaap:OtherCreditDerivativesMember2021-06-300000091576us-gaap:AvailableforsaleSecuritiesMemberus-gaap:OtherDebtSecuritiesMember2021-03-310000091576us-gaap:AvailableforsaleSecuritiesMemberus-gaap:OtherDebtSecuritiesMember2021-04-012021-06-300000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2021-03-310000091576us-gaap:OtherInvestmentsMemberkey:PrincipalDirectInvestmentsMember2021-04-012021-06-300000091576us-gaap:OtherInvestmentsMember2021-03-310000091576us-gaap:OtherInvestmentsMember2021-04-012021-06-300000091576key:LoansHeldForSaleFairValueMember2021-03-310000091576key:LoansHeldForSaleFairValueMember2021-04-012021-06-300000091576key:LoansHeldForInvestmentFairValueMember2021-03-310000091576key:LoansHeldForInvestmentFairValueMember2021-04-012021-06-300000091576us-gaap:InterestRateContractMember2021-03-310000091576us-gaap:InterestRateContractMember2021-04-012021-06-300000091576us-gaap:CreditRiskContractMember2021-03-310000091576us-gaap:CreditRiskContractMember2021-04-012021-06-300000091576us-gaap:OtherCreditDerivativesMember2021-03-310000091576us-gaap:OtherCreditDerivativesMember2021-04-012021-06-300000091576us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000091576us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2022-06-300000091576us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Member2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2022-06-300000091576us-gaap:FairValueMeasurementsNonrecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000091576us-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000091576us-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:MeasurementInputComparabilityAdjustmentMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:MeasurementInputComparabilityAdjustmentMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:MeasurementInputComparabilityAdjustmentMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:MeasurementInputComparabilityAdjustmentMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:MeasurementInputComparabilityAdjustmentMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:MeasurementInputComparabilityAdjustmentMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMemberus-gaap:InterestRateContractMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMemberus-gaap:InterestRateContractMembersrt:MaximumMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMemberus-gaap:InterestRateContractMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMemberus-gaap:InterestRateContractMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMemberus-gaap:InterestRateContractMembersrt:MaximumMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDefaultRateMemberus-gaap:InterestRateContractMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMemberkey:MeasurementInputLossGivenDefaultMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMembersrt:MaximumMemberkey:MeasurementInputLossGivenDefaultMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMemberkey:MeasurementInputLossGivenDefaultMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2022-06-300000091576srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMemberkey:MeasurementInputLossGivenDefaultMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMembersrt:MaximumMemberkey:MeasurementInputLossGivenDefaultMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMemberkey:MeasurementInputLossGivenDefaultMemberus-gaap:ValuationTechniqueDiscountedCashFlowMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310000091576us-gaap:FairValueInputsLevel3Member2022-06-300000091576us-gaap:FairValueInputsLevel3Member2021-12-310000091576us-gaap:FairValueInputsLevel3Memberkey:ValuationFairValueOfUnderlyingCollateralMemberus-gaap:FairValueMeasurementsNonrecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberkey:ValuationFairValueOfUnderlyingCollateralMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000091576srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberkey:ValuationFairValueOfUnderlyingCollateralMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MeasurementInputDiscountRateMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberkey:ValuationFairValueOfUnderlyingCollateralMemberus-gaap:FairValueMeasurementsNonrecurringMembersrt:MaximumMemberus-gaap:MeasurementInputDiscountRateMember2022-06-300000091576srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberkey:ValuationFairValueOfUnderlyingCollateralMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MeasurementInputDiscountRateMember2022-06-300000091576srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberkey:ValuationFairValueOfUnderlyingCollateralMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MeasurementInputDiscountRateMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberkey:ValuationFairValueOfUnderlyingCollateralMemberus-gaap:FairValueMeasurementsNonrecurringMembersrt:MaximumMemberus-gaap:MeasurementInputDiscountRateMember2021-12-310000091576srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberkey:ValuationFairValueOfUnderlyingCollateralMemberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:MeasurementInputDiscountRateMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsNonrecurringMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000091576key:ValuationAppraisedValueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2022-06-300000091576key:ValuationAppraisedValueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2021-12-310000091576us-gaap:CarryingReportedAmountFairValueDisclosureMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-06-300000091576us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-06-300000091576us-gaap:EstimateOfFairValueFairValueDisclosureMember2022-06-300000091576us-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-06-300000091576us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Memberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:DesignatedAsHedgingInstrumentMember2022-06-300000091576us-gaap:FairValueInputsLevel1Memberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-06-300000091576us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2022-06-300000091576us-gaap:FairValueInputsLevel3Memberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-06-300000091576us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-06-300000091576us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000091576us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000091576us-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000091576us-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000091576us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Memberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-12-310000091576us-gaap:FairValueInputsLevel1Memberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000091576us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2021-12-310000091576us-gaap:FairValueInputsLevel3Memberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000091576us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000091576us-gaap:SegmentDiscontinuedOperationsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberkey:EducationLendingMember2022-06-300000091576us-gaap:SegmentDiscontinuedOperationsMemberkey:EducationLendingMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-06-300000091576us-gaap:SegmentDiscontinuedOperationsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberkey:EducationLendingMember2021-12-310000091576us-gaap:SegmentDiscontinuedOperationsMemberkey:EducationLendingMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310000091576us-gaap:USTreasuryAndGovernmentMember2022-06-300000091576us-gaap:USTreasuryAndGovernmentMember2021-12-310000091576us-gaap:CollateralizedMortgageObligationsMember2022-06-300000091576us-gaap:CollateralizedMortgageObligationsMember2021-12-310000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2022-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-06-300000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310000091576us-gaap:OtherDebtSecuritiesMember2022-06-300000091576us-gaap:OtherDebtSecuritiesMember2021-12-310000091576us-gaap:AssetBackedSecuritiesMember2022-06-300000091576us-gaap:AssetBackedSecuritiesMember2021-12-310000091576us-gaap:AvailableforsaleSecuritiesMember2022-06-300000091576us-gaap:HeldtomaturitySecuritiesMember2022-06-300000091576us-gaap:AvailableforsaleSecuritiesMember2021-12-310000091576us-gaap:HeldtomaturitySecuritiesMember2021-12-310000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2022-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMember2022-06-300000091576us-gaap:MortgageBackedSecuritiesOtherMemberus-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310000091576us-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310000091576us-gaap:AssetBackedSecuritiesMembersrt:MaximumMember2022-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMembersrt:MaximumMember2021-12-310000091576us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMember2022-06-300000091576us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateContractMember2021-12-310000091576us-gaap:InterestRateContractMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:CommodityContractMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:CommodityContractMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:CreditRiskContractMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:CreditRiskContractMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:OtherCreditDerivativesMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:OtherCreditDerivativesMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:NondesignatedMember2022-06-300000091576us-gaap:NondesignatedMember2021-12-310000091576key:DerivativeFinancialInstrumentsAssetsLiabilitiesNetMember2022-06-300000091576key:DerivativeFinancialInstrumentsAssetsLiabilitiesNetMember2021-12-310000091576key:CounterpartyAndCashCollateralNettingMember2022-06-300000091576key:CounterpartyAndCashCollateralNettingMember2021-12-310000091576us-gaap:LongTermDebtMemberus-gaap:InterestRateContractMember2022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:AvailableforsaleSecuritiesMember2022-06-300000091576us-gaap:LongTermDebtMemberus-gaap:InterestRateContractMember2021-12-310000091576us-gaap:InterestRateContractMemberus-gaap:AvailableforsaleSecuritiesMember2021-12-310000091576us-gaap:LongTermDebtMemberus-gaap:InterestRateContractMemberus-gaap:NondesignatedMember2022-06-300000091576us-gaap:LongTermDebtMemberus-gaap:InterestRateContractMemberus-gaap:NondesignatedMember2021-12-310000091576us-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMemberkey:InterestExpenseLongTermDebtMember2022-04-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMemberus-gaap:FairValueHedgingMember2022-04-012022-06-300000091576key:InterestIncomeSecuritiesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2022-04-012022-06-300000091576key:InvestmentBankingAndDebtPlacementFeesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2022-04-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2022-04-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberkey:InterestExpenseLongTermDebtMember2022-04-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMemberus-gaap:CashFlowHedgingMember2022-04-012022-06-300000091576key:InterestIncomeSecuritiesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-04-012022-06-300000091576key:UnderwritingDiscountsFeesAndCommissionsMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-04-012022-06-300000091576key:InterestExpenseDepositsMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-04-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-04-012022-06-300000091576key:InvestmentBankingAndDebtPlacementFeesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-04-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMemberkey:InterestExpenseLongTermDebtMember2021-04-012021-06-300000091576us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMemberus-gaap:FairValueHedgingMember2021-04-012021-06-300000091576key:InterestIncomeSecuritiesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2021-04-012021-06-300000091576key:InvestmentBankingAndDebtPlacementFeesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2021-04-012021-06-300000091576key:InterestExpenseDepositsMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2021-04-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2021-04-012021-06-300000091576us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberkey:InterestExpenseLongTermDebtMember2021-04-012021-06-300000091576us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMemberus-gaap:CashFlowHedgingMember2021-04-012021-06-300000091576key:InterestIncomeSecuritiesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-04-012021-06-300000091576key:UnderwritingDiscountsFeesAndCommissionsMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-04-012021-06-300000091576key:InterestExpenseDepositsMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-04-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-04-012021-06-300000091576key:InvestmentBankingAndDebtPlacementFeesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-04-012021-06-300000091576us-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMemberkey:InterestExpenseLongTermDebtMember2022-01-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMemberus-gaap:FairValueHedgingMember2022-01-012022-06-300000091576key:InterestIncomeSecuritiesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2022-01-012022-06-300000091576key:InvestmentBankingAndDebtPlacementFeesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2022-01-012022-06-300000091576key:InterestExpenseDepositsMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2022-01-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2022-01-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberkey:InterestExpenseLongTermDebtMember2022-01-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMemberus-gaap:CashFlowHedgingMember2022-01-012022-06-300000091576key:InterestIncomeSecuritiesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-01-012022-06-300000091576key:UnderwritingDiscountsFeesAndCommissionsMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-01-012022-06-300000091576key:InterestExpenseDepositsMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-01-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-01-012022-06-300000091576key:InvestmentBankingAndDebtPlacementFeesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2022-01-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMemberkey:InterestExpenseLongTermDebtMember2021-01-012021-06-300000091576us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMemberus-gaap:FairValueHedgingMember2021-01-012021-06-300000091576key:InterestIncomeSecuritiesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2021-01-012021-06-300000091576key:InvestmentBankingAndDebtPlacementFeesMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2021-01-012021-06-300000091576key:InterestExpenseDepositsMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2021-01-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMemberus-gaap:FairValueHedgingMember2021-01-012021-06-300000091576us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberkey:InterestExpenseLongTermDebtMember2021-01-012021-06-300000091576us-gaap:InterestRateContractMemberus-gaap:InterestIncomeMemberus-gaap:CashFlowHedgingMember2021-01-012021-06-300000091576key:InterestIncomeSecuritiesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-01-012021-06-300000091576key:UnderwritingDiscountsFeesAndCommissionsMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-01-012021-06-300000091576key:InterestExpenseDepositsMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-01-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-01-012021-06-300000091576key:InvestmentBankingAndDebtPlacementFeesMemberus-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMember2021-01-012021-06-300000091576us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestExpenseMember2022-04-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestExpenseMember2021-04-012021-06-300000091576us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestExpenseMember2022-01-012022-06-300000091576us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestExpenseMember2021-01-012021-06-300000091576key:CorporateServicesMemberus-gaap:InterestRateContractMember2022-04-012022-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:InterestRateContractMember2022-04-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMember2022-04-012022-06-300000091576key:CorporateServicesMemberus-gaap:InterestRateContractMember2021-04-012021-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:InterestRateContractMember2021-04-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMember2021-04-012021-06-300000091576us-gaap:ForeignExchangeContractMemberkey:CorporateServicesMember2022-04-012022-06-300000091576us-gaap:ForeignExchangeContractMemberkey:ConsumerMortgageIncomeMember2022-04-012022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:OtherIncomeMember2022-04-012022-06-300000091576us-gaap:ForeignExchangeContractMember2022-04-012022-06-300000091576us-gaap:ForeignExchangeContractMemberkey:CorporateServicesMember2021-04-012021-06-300000091576us-gaap:ForeignExchangeContractMemberkey:ConsumerMortgageIncomeMember2021-04-012021-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:OtherIncomeMember2021-04-012021-06-300000091576us-gaap:ForeignExchangeContractMember2021-04-012021-06-300000091576key:CorporateServicesMemberus-gaap:CommodityContractMember2022-04-012022-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:CommodityContractMember2022-04-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:CommodityContractMember2022-04-012022-06-300000091576us-gaap:CommodityContractMember2022-04-012022-06-300000091576key:CorporateServicesMemberus-gaap:CommodityContractMember2021-04-012021-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:CommodityContractMember2021-04-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:CommodityContractMember2021-04-012021-06-300000091576us-gaap:CommodityContractMember2021-04-012021-06-300000091576key:CorporateServicesMemberus-gaap:CreditRiskContractMember2022-04-012022-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:CreditRiskContractMember2022-04-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:CreditRiskContractMember2022-04-012022-06-300000091576key:CorporateServicesMemberus-gaap:CreditRiskContractMember2021-04-012021-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:CreditRiskContractMember2021-04-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:CreditRiskContractMember2021-04-012021-06-300000091576us-gaap:OtherCreditDerivativesMemberkey:CorporateServicesMember2022-04-012022-06-300000091576us-gaap:OtherCreditDerivativesMemberkey:ConsumerMortgageIncomeMember2022-04-012022-06-300000091576us-gaap:OtherCreditDerivativesMemberus-gaap:OtherIncomeMember2022-04-012022-06-300000091576us-gaap:OtherCreditDerivativesMemberkey:CorporateServicesMember2021-04-012021-06-300000091576us-gaap:OtherCreditDerivativesMemberkey:ConsumerMortgageIncomeMember2021-04-012021-06-300000091576us-gaap:OtherCreditDerivativesMemberus-gaap:OtherIncomeMember2021-04-012021-06-300000091576key:CorporateServicesMember2022-04-012022-06-300000091576key:ConsumerMortgageIncomeMember2022-04-012022-06-300000091576us-gaap:OtherIncomeMember2022-04-012022-06-300000091576key:CorporateServicesMember2021-04-012021-06-300000091576key:ConsumerMortgageIncomeMember2021-04-012021-06-300000091576us-gaap:OtherIncomeMember2021-04-012021-06-300000091576key:CorporateServicesMemberus-gaap:InterestRateContractMember2022-01-012022-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:InterestRateContractMember2022-01-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMember2022-01-012022-06-300000091576key:CorporateServicesMemberus-gaap:InterestRateContractMember2021-01-012021-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:InterestRateContractMember2021-01-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:InterestRateContractMember2021-01-012021-06-300000091576us-gaap:ForeignExchangeContractMemberkey:CorporateServicesMember2022-01-012022-06-300000091576us-gaap:ForeignExchangeContractMemberkey:ConsumerMortgageIncomeMember2022-01-012022-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:OtherIncomeMember2022-01-012022-06-300000091576us-gaap:ForeignExchangeContractMember2022-01-012022-06-300000091576us-gaap:ForeignExchangeContractMemberkey:CorporateServicesMember2021-01-012021-06-300000091576us-gaap:ForeignExchangeContractMemberkey:ConsumerMortgageIncomeMember2021-01-012021-06-300000091576us-gaap:ForeignExchangeContractMemberus-gaap:OtherIncomeMember2021-01-012021-06-300000091576us-gaap:ForeignExchangeContractMember2021-01-012021-06-300000091576key:CorporateServicesMemberus-gaap:CommodityContractMember2022-01-012022-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:CommodityContractMember2022-01-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:CommodityContractMember2022-01-012022-06-300000091576us-gaap:CommodityContractMember2022-01-012022-06-300000091576key:CorporateServicesMemberus-gaap:CommodityContractMember2021-01-012021-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:CommodityContractMember2021-01-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:CommodityContractMember2021-01-012021-06-300000091576us-gaap:CommodityContractMember2021-01-012021-06-300000091576key:CorporateServicesMemberus-gaap:CreditRiskContractMember2022-01-012022-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:CreditRiskContractMember2022-01-012022-06-300000091576us-gaap:OtherIncomeMemberus-gaap:CreditRiskContractMember2022-01-012022-06-300000091576key:CorporateServicesMemberus-gaap:CreditRiskContractMember2021-01-012021-06-300000091576key:ConsumerMortgageIncomeMemberus-gaap:CreditRiskContractMember2021-01-012021-06-300000091576us-gaap:OtherIncomeMemberus-gaap:CreditRiskContractMember2021-01-012021-06-300000091576us-gaap:OtherCreditDerivativesMemberkey:CorporateServicesMember2022-01-012022-06-300000091576us-gaap:OtherCreditDerivativesMemberkey:ConsumerMortgageIncomeMember2022-01-012022-06-300000091576us-gaap:OtherCreditDerivativesMemberus-gaap:OtherIncomeMember2022-01-012022-06-300000091576us-gaap:OtherCreditDerivativesMemberkey:CorporateServicesMember2021-01-012021-06-300000091576us-gaap:OtherCreditDerivativesMemberkey:ConsumerMortgageIncomeMember2021-01-012021-06-300000091576us-gaap:OtherCreditDerivativesMemberus-gaap:OtherIncomeMember2021-01-012021-06-300000091576key:CorporateServicesMember2022-01-012022-06-300000091576key:ConsumerMortgageIncomeMember2022-01-012022-06-300000091576us-gaap:OtherIncomeMember2022-01-012022-06-300000091576key:CorporateServicesMember2021-01-012021-06-300000091576key:ConsumerMortgageIncomeMember2021-01-012021-06-300000091576us-gaap:OtherIncomeMember2021-01-012021-06-300000091576us-gaap:ForeignExchangeContractMember2022-06-300000091576us-gaap:ForeignExchangeContractMember2021-12-310000091576us-gaap:CommodityContractMember2022-06-300000091576us-gaap:CommodityContractMember2021-12-310000091576us-gaap:OtherCreditDerivativesMember2022-06-300000091576us-gaap:OtherCreditDerivativesMember2022-01-012022-06-300000091576us-gaap:OtherCreditDerivativesMember2021-12-310000091576us-gaap:OtherCreditDerivativesMember2021-01-012021-12-310000091576us-gaap:OtherCreditDerivativesMembersrt:MaximumMember2022-06-300000091576key:BankingSubsidiaryMember2022-06-30key:derivative0000091576srt:MoodysA3RatingMemberkey:OneRatingDowngradeMember2022-06-300000091576srt:StandardPoorsAMinusRatingMemberkey:OneRatingDowngradeMember2022-06-300000091576srt:MoodysA3RatingMemberkey:OneRatingDowngradeMember2021-12-310000091576srt:StandardPoorsAMinusRatingMemberkey:OneRatingDowngradeMember2021-12-310000091576srt:MoodysA3RatingMemberkey:TwoRatingDowngradeMember2022-06-300000091576srt:StandardPoorsAMinusRatingMemberkey:TwoRatingDowngradeMember2022-06-300000091576srt:MoodysA3RatingMemberkey:TwoRatingDowngradeMember2021-12-310000091576srt:StandardPoorsAMinusRatingMemberkey:TwoRatingDowngradeMember2021-12-310000091576key:ThreeRatingDowngradeMembersrt:MoodysA3RatingMember2022-06-300000091576key:ThreeRatingDowngradeMembersrt:StandardPoorsAMinusRatingMember2022-06-300000091576key:ThreeRatingDowngradeMembersrt:MoodysA3RatingMember2021-12-310000091576key:ThreeRatingDowngradeMembersrt:StandardPoorsAMinusRatingMember2021-12-310000091576key:BankingSubsidiaryMemberus-gaap:UnsecuredDebtMember2022-06-30key:rating0000091576key:BankingSubsidiaryMemberus-gaap:UnsecuredDebtMember2021-12-310000091576key:BankingSubsidiaryMemberus-gaap:UnsecuredDebtMembersrt:MaximumMember2022-06-300000091576key:BankingSubsidiaryMemberus-gaap:UnsecuredDebtMembersrt:MaximumMember2021-12-310000091576us-gaap:CommercialMortgageBackedSecuritiesMember2022-03-310000091576us-gaap:CommercialMortgageBackedSecuritiesMember2021-03-310000091576us-gaap:CommercialMortgageBackedSecuritiesMember2020-12-310000091576us-gaap:CommercialMortgageBackedSecuritiesMember2022-04-012022-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMember2021-04-012021-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMember2022-01-012022-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMember2021-01-012021-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMember2021-06-300000091576srt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMember2022-01-012022-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMembersrt:MaximumMember2022-01-012022-06-300000091576srt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMember2022-01-012022-06-300000091576srt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMember2021-01-012021-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMembersrt:MaximumMember2021-01-012021-06-300000091576srt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMember2021-01-012021-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMember2022-01-012022-06-300000091576us-gaap:CommercialMortgageBackedSecuritiesMember2021-01-012021-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2022-03-310000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2021-03-310000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2020-12-310000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2022-04-012022-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2021-04-012021-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2022-01-012022-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2021-01-012021-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2021-06-300000091576srt:MinimumMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMember2022-01-012022-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMembersrt:MaximumMember2022-01-012022-06-300000091576srt:WeightedAverageMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMember2022-01-012022-06-300000091576srt:MinimumMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMember2021-01-012021-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMembersrt:MaximumMember2021-01-012021-06-300000091576srt:WeightedAverageMemberus-gaap:ResidentialMortgageBackedSecuritiesMemberkey:DiscountedCashFlowMember2021-01-012021-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2022-01-012022-06-300000091576us-gaap:ResidentialMortgageBackedSecuritiesMember2021-01-012021-06-300000091576key:ConsumerBankMember2021-06-300000091576key:CommercialBankMember2021-06-300000091576key:ConsumerBankMember2021-07-012021-12-310000091576key:CommercialBankMember2021-07-012021-12-3100000915762021-07-012021-12-310000091576key:ConsumerBankMember2021-12-310000091576key:CommercialBankMember2021-12-310000091576key:ConsumerBankMember2022-01-012022-06-300000091576key:CommercialBankMember2022-01-012022-06-300000091576key:ConsumerBankMember2022-06-300000091576key:CommercialBankMember2022-06-300000091576key:AccruedIncomeAndOtherAssetsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-06-300000091576key:AccruedIncomeAndOtherAssetsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-12-310000091576us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberkey:QualifiedAffordableHousingProjectsInvestmentMember2022-06-300000091576us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMemberkey:QualifiedAffordableHousingProjectsInvestmentMember2021-12-310000091576key:VariableInterestSponsorsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-06-300000091576key:VariableInterestSponsorsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-12-310000091576us-gaap:InvestmentsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-01-012022-06-300000091576us-gaap:InvestmentsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-01-012021-06-300000091576us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-01-012021-06-300000091576key:PrincipalIndirectInvestmentsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-06-300000091576key:PrincipalIndirectInvestmentsMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-12-310000091576us-gaap:VariableInterestEntityPrimaryBeneficiaryMemberus-gaap:InvestmentsMember2022-06-300000091576us-gaap:VariableInterestEntityPrimaryBeneficiaryMemberus-gaap:InvestmentsMember2021-12-310000091576key:OtherUnconsolidatedVariableInterestEntitiesMemberus-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-06-300000091576us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2022-06-300000091576us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-12-310000091576key:AccruedIncomeAndOtherAssetsMember2022-06-300000091576key:AccruedIncomeAndOtherAssetsMember2021-12-310000091576key:KeyCorpMember2022-06-300000091576key:FirstNiagaraBankN.A.Member2022-06-300000091576key:XUPMember2021-11-192021-11-190000091576key:GradFinMember2022-05-022022-05-020000091576key:GradFinMember2022-05-020000091576us-gaap:SegmentDiscontinuedOperationsMemberkey:GovernmentGuaranteedLoansMember2022-06-300000091576us-gaap:SegmentDiscontinuedOperationsMemberkey:GovernmentGuaranteedLoansMember2021-12-310000091576key:GrossAmountsPresentedInBalanceSheetsMember2022-06-300000091576key:NettingAdjustmentsMember2022-06-300000091576key:CounterpartyAndCashCollateralNettingMember2022-06-300000091576key:GrossAmountsPresentedInBalanceSheetsMember2021-12-310000091576key:NettingAdjustmentsMember2021-12-310000091576key:CounterpartyAndCashCollateralNettingMember2021-12-310000091576us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-06-300000091576us-gaap:PensionPlansDefinedBenefitMember2022-04-012022-06-300000091576us-gaap:PensionPlansDefinedBenefitMember2021-04-012021-06-300000091576us-gaap:PensionPlansDefinedBenefitMember2022-01-012022-06-300000091576us-gaap:PensionPlansDefinedBenefitMember2021-01-012021-06-300000091576key:KeyCorpCapitalOneMember2022-06-300000091576key:KeyCorpCapitalTwoMember2022-06-300000091576key:KeyCorpCapitalThreeMember2022-06-300000091576key:HNCStatutoryTrustIIIMember2022-06-300000091576key:WillowGroveStatutoryTrustIMember2022-06-300000091576key:HNCStatutoryTrustIVMember2022-06-300000091576key:WestbankCapitalTrustIIMember2022-06-300000091576key:WestbankCapitalTrustIIIMember2022-06-300000091576key:BusinessTrustsMember2022-06-300000091576key:BusinessTrustsMember2021-12-310000091576key:KeyCorpCapitalTwoMemberkey:TreasuryRateMember2022-01-012022-06-300000091576key:TreasuryRateMemberkey:KeyCorpCapitalThreeMember2022-01-012022-06-300000091576key:KeycorpCapitalIIandIIIMemberkey:TreasuryRateMemberus-gaap:DebtInstrumentRedemptionPeriodFiveMember2022-01-012022-06-300000091576key:KeyCorpCapitalOneMemberus-gaap:LondonInterbankOfferedRateLIBORMember2022-01-012022-06-300000091576us-gaap:LondonInterbankOfferedRateLIBORMemberkey:HNCStatutoryTrustIIIMember2022-01-012022-06-300000091576us-gaap:LondonInterbankOfferedRateLIBORMemberkey:WillowGroveStatutoryTrustIMember2022-01-012022-06-300000091576key:HNCStatutoryTrustIVMemberus-gaap:LondonInterbankOfferedRateLIBORMember2022-01-012022-06-300000091576key:WestbankCapitalTrustIIandIIIMemberus-gaap:LondonInterbankOfferedRateLIBORMember2022-01-012022-06-300000091576us-gaap:FinancialStandbyLetterOfCreditMember2022-06-300000091576key:UnderwritingAndServicingProgramMember2022-06-300000091576key:ResidentialMortgageReserveMember2022-06-300000091576us-gaap:PutOptionMember2022-06-300000091576srt:MinimumMemberus-gaap:RiskLevelLowMember2022-01-012022-06-300000091576us-gaap:RiskLevelLowMembersrt:MaximumMember2022-01-012022-06-300000091576srt:MinimumMemberus-gaap:RiskLevelMediumMember2022-01-012022-06-300000091576srt:MaximumMemberus-gaap:RiskLevelMediumMember2022-01-012022-06-300000091576srt:MinimumMemberus-gaap:RiskLevelHighMember2022-01-012022-06-300000091576us-gaap:FinancialStandbyLetterOfCreditMember2022-01-012022-06-300000091576srt:MinimumMemberus-gaap:FinancialStandbyLetterOfCreditMember2022-01-012022-06-300000091576srt:MaximumMemberus-gaap:FinancialStandbyLetterOfCreditMember2022-01-012022-06-300000091576key:UnderwritingAndServicingProgramMember2022-01-012022-06-300000091576us-gaap:PutOptionMember2022-01-012022-06-300000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-12-310000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-12-310000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-12-310000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-01-012022-06-300000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-01-012022-06-300000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-01-012022-06-300000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-06-300000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-06-300000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-06-300000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-03-310000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-03-310000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-03-310000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2022-04-012022-06-300000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-04-012022-06-300000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-04-012022-06-300000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-12-310000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-12-310000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-12-310000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-01-012021-06-300000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-01-012021-06-300000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-01-012021-06-300000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-06-300000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-06-300000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-06-300000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-03-310000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-03-310000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-03-310000091576us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2021-04-012021-06-300000091576us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-04-012021-06-300000091576us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-04-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:InterestIncomeMember2022-04-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:InterestIncomeMember2021-04-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:InterestExpenseMember2022-04-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:InterestExpenseMember2021-04-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-04-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-04-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberkey:AccumulatedDefinedBenefitPlansAdjustmentNetActuarialGainLossAttributableToParentMember2022-04-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberkey:AccumulatedDefinedBenefitPlansAdjustmentNetActuarialGainLossAttributableToParentMember2021-04-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberkey:AccumulatedDefinedBenefitPlansAdjustmentSettlementLossesAttributableToParentMember2022-04-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberkey:AccumulatedDefinedBenefitPlansAdjustmentSettlementLossesAttributableToParentMember2021-04-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2022-04-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2021-04-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-04-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-04-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:InterestIncomeMember2022-01-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:InterestIncomeMember2021-01-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:InterestExpenseMember2022-01-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMemberus-gaap:InterestExpenseMember2021-01-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-01-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-01-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberkey:AccumulatedDefinedBenefitPlansAdjustmentNetActuarialGainLossAttributableToParentMember2022-01-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberkey:AccumulatedDefinedBenefitPlansAdjustmentNetActuarialGainLossAttributableToParentMember2021-01-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberkey:AccumulatedDefinedBenefitPlansAdjustmentSettlementLossesAttributableToParentMember2022-01-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberkey:AccumulatedDefinedBenefitPlansAdjustmentSettlementLossesAttributableToParentMember2021-01-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2022-01-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember2021-01-012021-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-01-012022-06-300000091576us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-01-012021-06-300000091576key:EmployeeEquityCompensationProgramsMember2021-07-310000091576key:A2021CapitalPlanMember2022-04-012022-06-300000091576us-gaap:SeriesDPreferredStockMember2022-06-300000091576key:DepositorySharesSeriesDMember2022-06-300000091576us-gaap:SeriesEPreferredStockMember2022-06-300000091576key:DepositorySharesSeriesEMember2022-06-300000091576us-gaap:SeriesFPreferredStockMember2022-06-300000091576key:DepositorySharesSeriesFMember2022-06-300000091576us-gaap:SeriesGPreferredStockMember2022-06-300000091576key:DepositorySharesSeriesGMember2022-06-300000091576key:ConsumerBankMember2022-06-30key:branch0000091576key:CommercialBankMember2022-06-300000091576key:ConsumerBankMemberus-gaap:OperatingSegmentsMember2022-04-012022-06-300000091576key:ConsumerBankMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000091576key:CommercialBankMemberus-gaap:OperatingSegmentsMember2022-04-012022-06-300000091576key:CommercialBankMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000091576key:CorporateAndReconcilingItemsMember2022-04-012022-06-300000091576key:CorporateAndReconcilingItemsMember2021-04-012021-06-30key:employee0000091576key:ConsumerBankMemberus-gaap:OperatingSegmentsMember2022-01-012022-06-300000091576key:ConsumerBankMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000091576key:CommercialBankMemberus-gaap:OperatingSegmentsMember2022-01-012022-06-300000091576key:CommercialBankMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000091576key:CorporateAndReconcilingItemsMember2022-01-012022-06-300000091576key:CorporateAndReconcilingItemsMember2021-01-012021-06-300000091576key:TrustAndInvestmentServicesMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-04-012022-06-300000091576key:CorporateBankingMemberkey:TrustAndInvestmentServicesMemberus-gaap:OperatingSegmentsMember2022-04-012022-06-300000091576key:TrustAndInvestmentServicesMember2022-04-012022-06-300000091576key:TrustAndInvestmentServicesMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-04-012021-06-300000091576key:CorporateBankingMemberkey:TrustAndInvestmentServicesMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000091576key:TrustAndInvestmentServicesMember2021-04-012021-06-300000091576key:InvestmentBankingAndDebtPlacementMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-04-012022-06-300000091576key:CorporateBankingMemberkey:InvestmentBankingAndDebtPlacementMemberus-gaap:OperatingSegmentsMember2022-04-012022-06-300000091576key:InvestmentBankingAndDebtPlacementMember2022-04-012022-06-300000091576key:InvestmentBankingAndDebtPlacementMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-04-012021-06-300000091576key:CorporateBankingMemberkey:InvestmentBankingAndDebtPlacementMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000091576key:InvestmentBankingAndDebtPlacementMember2021-04-012021-06-300000091576key:ServiceChargesOnDepositAccountsMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-04-012022-06-300000091576key:CorporateBankingMemberkey:ServiceChargesOnDepositAccountsMemberus-gaap:OperatingSegmentsMember2022-04-012022-06-300000091576key:ServiceChargesOnDepositAccountsMember2022-04-012022-06-300000091576key:ServiceChargesOnDepositAccountsMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-04-012021-06-300000091576key:CorporateBankingMemberkey:ServiceChargesOnDepositAccountsMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000091576key:ServiceChargesOnDepositAccountsMember2021-04-012021-06-300000091576key:CardsAndPaymentsMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-04-012022-06-300000091576key:CorporateBankingMemberkey:CardsAndPaymentsMemberus-gaap:OperatingSegmentsMember2022-04-012022-06-300000091576key:CardsAndPaymentsMember2022-04-012022-06-300000091576key:CardsAndPaymentsMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-04-012021-06-300000091576key:CorporateBankingMemberkey:CardsAndPaymentsMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000091576key:CardsAndPaymentsMember2021-04-012021-06-300000091576key:OtherNoninterestIncomeMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-04-012022-06-300000091576key:CorporateBankingMemberkey:OtherNoninterestIncomeMemberus-gaap:OperatingSegmentsMember2022-04-012022-06-300000091576key:OtherNoninterestIncomeMember2022-04-012022-06-300000091576key:OtherNoninterestIncomeMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-04-012021-06-300000091576key:CorporateBankingMemberkey:OtherNoninterestIncomeMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000091576key:OtherNoninterestIncomeMember2021-04-012021-06-300000091576us-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-04-012022-06-300000091576key:CorporateBankingMemberus-gaap:OperatingSegmentsMember2022-04-012022-06-300000091576us-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-04-012021-06-300000091576key:CorporateBankingMemberus-gaap:OperatingSegmentsMember2021-04-012021-06-300000091576key:TrustAndInvestmentServicesMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-01-012022-06-300000091576key:CorporateBankingMemberkey:TrustAndInvestmentServicesMemberus-gaap:OperatingSegmentsMember2022-01-012022-06-300000091576key:TrustAndInvestmentServicesMember2022-01-012022-06-300000091576key:TrustAndInvestmentServicesMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-01-012021-06-300000091576key:CorporateBankingMemberkey:TrustAndInvestmentServicesMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000091576key:TrustAndInvestmentServicesMember2021-01-012021-06-300000091576key:InvestmentBankingAndDebtPlacementMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-01-012022-06-300000091576key:CorporateBankingMemberkey:InvestmentBankingAndDebtPlacementMemberus-gaap:OperatingSegmentsMember2022-01-012022-06-300000091576key:InvestmentBankingAndDebtPlacementMember2022-01-012022-06-300000091576key:InvestmentBankingAndDebtPlacementMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-01-012021-06-300000091576key:CorporateBankingMemberkey:InvestmentBankingAndDebtPlacementMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000091576key:InvestmentBankingAndDebtPlacementMember2021-01-012021-06-300000091576key:ServiceChargesOnDepositAccountsMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-01-012022-06-300000091576key:CorporateBankingMemberkey:ServiceChargesOnDepositAccountsMemberus-gaap:OperatingSegmentsMember2022-01-012022-06-300000091576key:ServiceChargesOnDepositAccountsMember2022-01-012022-06-300000091576key:ServiceChargesOnDepositAccountsMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-01-012021-06-300000091576key:CorporateBankingMemberkey:ServiceChargesOnDepositAccountsMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000091576key:ServiceChargesOnDepositAccountsMember2021-01-012021-06-300000091576key:CardsAndPaymentsMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-01-012022-06-300000091576key:CorporateBankingMemberkey:CardsAndPaymentsMemberus-gaap:OperatingSegmentsMember2022-01-012022-06-300000091576key:CardsAndPaymentsMember2022-01-012022-06-300000091576key:CardsAndPaymentsMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-01-012021-06-300000091576key:CorporateBankingMemberkey:CardsAndPaymentsMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000091576key:CardsAndPaymentsMember2021-01-012021-06-300000091576key:OtherNoninterestIncomeMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-01-012022-06-300000091576key:CorporateBankingMemberkey:OtherNoninterestIncomeMemberus-gaap:OperatingSegmentsMember2022-01-012022-06-300000091576key:OtherNoninterestIncomeMember2022-01-012022-06-300000091576key:OtherNoninterestIncomeMemberus-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-01-012021-06-300000091576key:CorporateBankingMemberkey:OtherNoninterestIncomeMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-300000091576key:OtherNoninterestIncomeMember2021-01-012021-06-300000091576us-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2022-01-012022-06-300000091576key:CorporateBankingMemberus-gaap:OperatingSegmentsMember2022-01-012022-06-300000091576us-gaap:OperatingSegmentsMemberkey:CommunityBankingMember2021-01-012021-06-300000091576key:CorporateBankingMemberus-gaap:OperatingSegmentsMember2021-01-012021-06-30
Table of contents

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549 
 
FORM 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 2022
or
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to

Commission File Number 001-11302
 
KeyCorp
key-20220630_g1.jpg
Exact name of registrant as specified in its charter:
 
Ohio
34-6542451
State or other jurisdiction of incorporation or organization:I.R.S. Employer Identification Number:
127 Public Square,
Cleveland,
Ohio
44114-1306
Address of principal executive offices:Zip Code:
(216) 689-3000
Registrant’s telephone number, including area code:
 
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Shares, $1 par value
KEY
New York Stock Exchange
Depositary Shares (each representing a 1/40th interest in a share of Fixed-to-Floating Rate
KEY PrI
New York Stock Exchange
Perpetual Non-Cumulative Preferred Stock, Series E)
Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-
KEY PrJ
New York Stock Exchange
Cumulative Preferred Stock, Series F)
Depositary Shares (each representing a 1/40th interest in a share of Fixed Rate Perpetual Non-
KEY PrK
New York Stock Exchange
Cumulative Preferred Stock, Series G)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒  No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filerAccelerated filerNon-accelerated filer
Smaller reporting companyEmerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No 

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.
Common Shares with a par value of $1 each932,658,580 shares
Title of classOutstanding at July 29, 2022
1

Table of contents

KEYCORP
TABLE OF CONTENTS
PART I. FINANCIAL INFORMATION
  Page Number
Item 1.
2

Table of contents

Item 2.
Item 3.
Item 4.
PART II. OTHER INFORMATION
Item 1.
Item 1A.
Item 2.
Item 6.

3

Table of contents

PART I. FINANCIAL INFORMATION

Item 2. Management’s Discussion & Analysis of Financial Condition & Results of Operations

Introduction

This section reviews the financial condition and results of operations of KeyCorp and its subsidiaries for the quarterly periods ended June 30, 2022, and June 30, 2021. Some tables may include additional periods to comply with disclosure requirements or to illustrate trends in greater depth. When you read this discussion, you should also refer to the consolidated financial statements and related notes in this report. The page locations of specific sections and notes that we refer to are presented in the Table of Contents.

References to our “2021 Form 10-K” refer to our Form 10-K for the year ended December 31, 2021, which has been filed with the SEC and is available on its website (www.sec.gov) and on our website (www.key.com/ir).

Terminology

Throughout this discussion, references to “Key,” “we,” “our,” “us,” and similar terms refer to the consolidated entity consisting of KeyCorp and its subsidiaries. “KeyCorp” refers solely to the parent holding company, and “KeyBank” refers to KeyCorp’s subsidiary bank, KeyBank National Association.

We want to explain some industry-specific terms at the outset so you can better understand the discussion that follows.
 
We use the phrase continuing operations in this document to mean all of our businesses other than our government-guaranteed and private education lending business, which has been accounted for as discontinued operations since 2009.
We engage in capital markets activities primarily through business conducted by our Commercial Bank segment. These activities encompass a variety of products and services. Among other things, we trade securities as a dealer, enter into derivative contracts (both to accommodate clients’ financing needs and to mitigate certain risks), and conduct transactions in foreign currencies (both to accommodate clients’ needs and to benefit from fluctuations in exchange rates).
For regulatory purposes, capital is divided into two classes. Federal regulations currently prescribe that at least one-half of a bank or BHC’s total risk-based capital must qualify as Tier 1 capital. Both total and Tier 1 capital serve as bases for several measures of capital adequacy, which is an important indicator of financial stability and condition. Banking regulators evaluate a component of Tier 1 capital, known as Common Equity Tier 1, under the Regulatory Capital Rules. The “Capital” section of this report under the heading “Capital adequacy” provides more information on total capital, Tier 1 capital, and the Regulatory Capital Rules, including Common Equity Tier 1, and describes how these measures are calculated.

4

Table of contents

The acronyms and abbreviations identified below are used in the Management’s Discussion & Analysis of Financial Condition & Results of Operations as well as in the Notes to Consolidated Financial Statements (Unaudited). You may find it helpful to refer back to this page as you read this report.

ABO: Accumulated benefit obligation.
ALCO: Asset/Liability Management Committee.
ALLL: Allowance for loan and lease losses.
A/LM: Asset/liability management.
AML: Anti-money laundering.
AOCI: Accumulated other comprehensive income (loss).
APBO: Accumulated postretirement benefit obligation.
AQN Strategies: Arbitria Quum Notitia, LLC.
ARRC: Alternative Reference Rates Committee.
ASC: Accounting Standards Codification.
ASR: Accelerated share repurchase.
ASU: Accounting Standards Update.
ATMs: Automated teller machines.
BSA: Bank Secrecy Act.
BHCA: Bank Holding Company Act of 1956, as amended.
BHCs: Bank holding companies.
Board: KeyCorp Board of Directors.
CAPM: Capital Asset Pricing Model.
CARES Act: Coronavirus Aid, Relief, and Economic Security Act
CCAR: Comprehensive Capital Analysis and Review.
Cain Brothers: Cain Brothers & Company, LLC.
CECL: Current Expected Credit Losses.
CFPB: Consumer Financial Protection Bureau, also known as the Bureau of Consumer Financial Protection.
CFTC: Commodities Futures Trading Commission.
CMBS: Commercial mortgage-backed securities.
CMO: Collateralized mortgage obligation.
Common Shares: KeyCorp common shares, $1 par value.
CVA: Credit Valuation Adjustment.
DCF: Discounted cash flow.
DIF: Deposit Insurance Fund of the FDIC.
Dodd-Frank Act: Dodd-Frank Wall Street Reform and
Consumer Protection Act of 2010.
EAD: Exposure at default.
EBITDA: Earnings before interest, taxes, depreciation, and
amortization.
EPS: Earnings per share.
ERISA: Employee Retirement Income Security Act of 1974.
ERM: Enterprise risk management.
ESG: Environmental, social, and governance.
EVE: Economic value of equity.
FASB: Financial Accounting Standards Board.
FDIA: Federal Deposit Insurance Act, as amended.
FDIC: Federal Deposit Insurance Corporation.
Federal Reserve: Board of Governors of the Federal Reserve
System.
FHLB: Federal Home Loan Bank of Cincinnati.
FHLMC: Federal Home Loan Mortgage Corporation.
FICO: Fair Isaac Corporation.
FINRA: Financial Industry Regulatory Authority.
First Niagara: First Niagara Financial Group, Inc.
FNMA: Federal National Mortgage Association.



FSOC: Financial Stability Oversight Council.
FVA: Fair value of employee benefit plan assets.
GAAP: U.S. generally accepted accounting principles.
GNMA: Government National Mortgage Association.
HTC: Historic tax credit.
IRS: Internal Revenue Service.
ISDA: International Swaps and Derivatives Association.
KBCM: KeyBanc Capital Markets, Inc.
KCC: Key Capital Corporation.
KCDC: Key Community Development Corporation.
KCIC: Key Community Investment Capital LLC.
KEF: Key Equipment Finance.
LCR: Liquidity coverage ratio.
LGD: Loss given default.
LIBOR: London Interbank Offered Rate.
LIHTC: Low-income housing tax credit.
LTV: Loan-to-value.
Moody’s: Moody’s Investor Services, Inc.
MRM: Market Risk Management group.
MRC: Market Risk Committee.
N/A: Not applicable.
NAV: Net asset value.
NFA: National Futures Association.
N/M: Not meaningful.
NMTC: New market tax credit.
NOW: Negotiable Order of Withdrawal.
NPR: Notice of proposed rulemaking.
NYSE: New York Stock Exchange.
OCC: Office of the Comptroller of the Currency.
OCI: Other comprehensive income (loss).
OREO: Other real estate owned.
PBO: Projected benefit obligation.
PCCR: Purchased credit card relationship.
PCD: Purchased credit deteriorated.
PD: Probability of default.
PPP: Paycheck Protection Program.
RMBS: Residential mortgage-backed securities.
S&P: Standard and Poor’s Ratings Services, a Division of The McGraw-Hill Companies, Inc.
SEC: U.S. Securities & Exchange Commission.
SIFIs: Systemically important financial institutions, including large, interconnected BHCs and nonbank financial companies designated by FSOC for supervision by the Federal Reserve.
SOFR: Secured Overnight Financing Rate.
TDR: Troubled debt restructuring.
TE: Taxable-equivalent.
U.S. Treasury: United States Department of the Treasury.
VaR: Value at risk.
VEBA: Voluntary Employee Beneficiary Association.
VIE: Variable interest entity.

Forward-looking statements

From time to time, we have made or will make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements do not relate strictly to historical or current facts. Forward-looking statements usually can be identified by the use of words such as “goal,” “objective,” “plan,” “expect,” “assume,” “anticipate,” “intend,” “project,” “believe,” “estimate,” “will,” “would,” “should,” “could,” or other words of similar meaning. Forward-looking statements provide our current expectations or forecasts of future events, circumstances, results or aspirations. Our disclosures in this report contain forward-looking statements. We may also make forward-looking statements in other documents filed with or furnished to the SEC. In addition, we may make forward-looking statements orally to analysts, investors, representatives of the media, and others.

Forward-looking statements, by their nature, are subject to assumptions, risks, and uncertainties, many of which are outside of our control. Our actual results may differ materially from those set forth in our forward-looking statements.
5

Table of contents

There is no assurance that any list of risks and uncertainties or risk factors is complete. Factors that could cause our actual results to differ from those described in forward-looking statements include, but are not limited to:

our concentrated credit exposure in commercial and industrial loans;
deterioration of commercial real estate market fundamentals;
defaults by our loan counterparties or clients;
adverse changes in credit quality trends;
declining asset prices;
deterioration of asset quality and an increase in credit losses due to the continued impact of the COVID-19 global pandemic, including any of the related variants;
labor shortages and supply chain constraints;
the extensive regulation of the U.S. financial services industry;
changes in accounting policies, standards, and interpretations;
operational or risk management failures by us or critical third parties;
breaches of security or failure or unavailability of our technology systems due to technological or other factors and cybersecurity threats;
negative outcomes from claims or litigation;
failure or circumvention of our controls and procedures;
the occurrence of natural disasters, which may be exacerbated by climate change;
societal responses to climate change;
increased operational risks resulting from the COVID-19 global pandemic, including any of the related variants;
evolving capital and liquidity standards under applicable regulatory rules;
disruption of the U.S. financial system;
our ability to receive dividends from our subsidiaries, including KeyBank;
unanticipated changes in our liquidity position, including but not limited to, changes in our access to or the cost of funding and our ability to secure alternative funding sources;
downgrades in our credit ratings or those of KeyBank;
uncertainty in markets due to the COVID-19 global pandemic, including any of the related variants;
a worsening of the U.S. economy due to financial, political or other shocks;
our ability to anticipate interest rate changes and manage interest rate risk;
uncertainty surrounding the transition from LIBOR to an alternate reference rate;
deterioration of economic conditions in the geographic regions where we operate;
the soundness of other financial institutions;
our ability to manage our reputational risks;
our ability to timely and effectively implement our strategic initiatives;
increased competitive pressure;
our ability to adapt our products and services to industry standards and consumer preferences;
our ability to attract and retain talented executives and employees;
unanticipated adverse effects of strategic partnerships or acquisitions and dispositions of assets or businesses; and
our ability to develop and effectively use the quantitative models we rely upon in our business planning.

Any forward-looking statements made by us or on our behalf speak only as of the date they are made, and we do not undertake any obligation to update any forward-looking statement to reflect the impact of subsequent events or circumstances, except as required by applicable securities laws. Before making an investment decision, you should carefully consider all risks and uncertainties disclosed in our 2021 Form 10-K and any subsequent reports filed with the SEC by Key, as well as our registration statements under the Securities Act of 1933, as amended, all of which are or will upon filing be accessible on the SEC’s website at www.sec.gov and on our website at www.key.com/ir.


6

Table of contents

Long-term financial targets
key-20220630_g2.jpg
(a)See the section entitled “GAAP to Non-GAAP Reconciliations,” which presents the computations of certain financial measures related to “cash efficiency.” The section includes tables that reconcile the GAAP performance measures to the corresponding non-GAAP measures, which provides a basis for period-to-period comparisons.
key-20220630_g3.jpgkey-20220630_g4.jpg
(a)See the section entitled “GAAP to Non-GAAP Reconciliations,” which presents the computations of certain financial measures related to “tangible common equity.” The section includes tables that reconcile the GAAP performance measures to the corresponding non-GAAP measures, which provides a basis for period-to-period comparisons.









Positive Operating Leverage

Generate positive operating leverage and a cash efficiency ratio in the range of 54.0% to 56.0%.

We achieved positive operating leverage for the quarter. Revenues were up 6% quarter over quarter driven by growth in net interest income, reflecting strong loan growth. Our expense levels reflect the variable cost structure of the business as well as investments for future growth.






Moderate Risk Profile

Maintain a moderate risk profile by targeting a net loan charge-offs to average loans ratio in the range of .40% to .60% through a credit cycle.

We believe our strong risk management practices and disciplined underwriting continue to strengthen our credit quality. Net charge-offs to average loans remain at low levels, and we continue to see lower nonperforming loan levels.




Financial Return

A return on average tangible common equity in the range of 16.0% to 19.0%.

We remain committed to our stated priorities of supporting organic growth, increasing dividends, and prudently repurchasing Common Shares. During the second quarter of 2022, the Board declared a dividend of $.195 per Common Share.
7

Table of contents

Strategic developments

Our actions and results during the second quarter of 2022 support our corporate strategy described in the “Introduction” section under the “Corporate strategy” heading on page 47 of our 2021 Form 10-K.

We continued the momentum of strong loan growth across both our consumer and commercial businesses as we continue to add clients and support our existing relationships.
During the second quarter of 2022, we closed on the acquisition of GradFin, highlighting our commitment to accelerate growth through targeted investments in digital, niche businesses.
We continued to expand targeted client relationships as Laurel Road extended product and service offerings for healthcare professionals, including nurses.
We have expanded our climate commitments by investing in sustainable finance initiatives and joining the Partnership for Carbon Accounting Financials.
Our strong capital position allows us to continue to execute against each of our capital priorities of organic growth, dividends, and share repurchases. During the second quarter, the Board of Directors announced a Common Share dividend of $.195 per Common Share.

Demographics

The Consumer Bank serves individuals and small businesses throughout our 15-state branch footprint as well as healthcare professionals nationally through our Laurel Road digital brand by offering a variety of deposit and investment products, personal finance and financial wellness services, lending, student loan refinancing, mortgage and home equity, credit card, treasury services, and business advisory services. In addition, wealth management and investment services are offered to assist non-profit and high-net-worth clients with their banking, trust, portfolio management, life insurance, charitable giving, and related needs.

The Commercial Bank consists of the Commercial and Institutional operating segments. The Commercial operating segment is a full-service, commercial banking platform that focuses primarily on serving the borrowing, cash management, and capital markets needs of middle market clients within Key’s 15-state branch footprint. It is also a significant, national, commercial real estate lender and third-party servicer of commercial mortgage loans and special servicer of CMBS. The Institutional operating segment operates nationally in providing lending, equipment financing, and banking products and services to large corporate and institutional clients. The industry coverage and product teams have established expertise in the following sectors: Consumer, Energy, Healthcare, Industrial, Public Sector, Real Estate, and Technology. The operating segment includes the KBCM platform which provides a broad suite of capital markets products and services including syndicated finance, debt and equity capital markets, derivatives, foreign exchange, financial advisory, and public finance. Additionally, KBCM provides fixed income and equity sales and trading services to investor clients.

Supervision and regulation

The following discussion provides a summary of recent regulatory developments and should be read in conjunction with the disclosure included in our 2021 Form 10-K under the heading “Supervision and Regulation” in Item 1. Business and under the heading “II. Compliance Risk” in Item 1A. Risk Factors.

Regulatory capital requirements

The final rule to implement the Basel III international capital framework (“Basel III”) was effective January 1, 2015, with a multi-year transition period (“Regulatory Capital Rules”). As of April 1, 2020, the Regulatory Capital Rules were fully phased-in for Key. The Basel III capital framework and the U.S. implementation of the Basel III capital framework are discussed in more detail in Item 1. Business of our 2021 Form 10-K under the heading “Supervision and Regulation — Regulatory capital requirements.”

Under the Regulatory Capital Rules, standardized approach banking organizations, such as KeyCorp and KeyBank, are required to meet the minimum capital and leverage ratios set forth in Figure 1 below. At June 30, 2022, KeyCorp’s ratios under the fully phased-in Regulatory Capital Rules are set forth in Figure 1.

8

Table of contents

Figure 1. Minimum Capital Ratios and KeyCorp Ratios Under the Regulatory Capital Rules
Ratios (including stress capital buffer)Regulatory Minimum Requirement
Stress Capital Buffer (b)
Regulatory Minimum With Stress Capital Buffer
KeyCorp June 30, 2022 (c)
Common Equity Tier 14.5 %2.5 %7.0 %9.2 %
Tier 1 Capital6.0 2.5 8.5 10.4 
Total Capital8.0 2.5 10.5 12.0 
Leverage (a)
4.0 N/A4.0 8.6 
(a)As a standardized approach banking organization, KeyCorp is not subject to the 3% supplemental leverage ratio requirement, which became effective January 1, 2018.
(b)Stress capital buffer must consist of Common Equity Tier 1 capital. As a standardized approach banking organization, KeyCorp is not subject to the countercyclical capital buffer of up to 2.5% imposed upon an advanced approaches banking organization under the Regulatory Capital Rules.
(c)Ratios reflect the five-year transition of CECL impacts on regulatory ratios.

Revised prompt corrective action framework

The federal prompt corrective action (“PCA”) framework under the FDIA groups FDIC-insured depository institutions into one of five prompt corrective action capital categories: “well capitalized,” “adequately capitalized,” “undercapitalized,” “significantly undercapitalized,” and “critically undercapitalized.” In addition to implementing the Basel III capital framework in the United States, the Regulatory Capital Rules also revised the PCA capital category threshold ratios applicable to FDIC-insured depository institutions such as KeyBank, with an effective date of January 1, 2015. The revised PCA framework table in Figure 2 identifies the capital category thresholds for a “well capitalized” and an “adequately capitalized” institution under the PCA Framework.

Figure 2. "Well Capitalized" and "Adequately Capitalized" Capital Category Ratios under Revised PCA Framework
Prompt Corrective ActionCapital Category
Ratio
Well Capitalized (a)
Adequately Capitalized
Common Equity Tier 1 Risk-Based6.5 %4.5 %
Tier 1 Risk-Based8.0 6.0 
Total Risk-Based10.0 8.0 
Tier 1 Leverage (b)
5.0 4.0 
(a)A “well capitalized” institution also must not be subject to any written agreement, order, or directive to meet and maintain a specific capital level for any capital measure.
(b)As a “standardized approach” banking organization, KeyBank is not subject to the 3% supplemental leverage ratio requirement, which became effective January 1, 2018.

As of June 30, 2022, KeyBank (consolidated) satisfied the risk-based and leverage capital requirements necessary to be considered “well capitalized” for purposes of the PCA framework. However, investors should not regard this determination as a representation of the overall financial condition or prospects of KeyBank because the PCA framework is intended to serve a limited supervisory function. Moreover, it is important to note that the PCA framework does not apply to BHCs, like KeyCorp.

Capital planning and stress testing

On June 23, 2022, the Federal Reserve announced the results of the supervisory stress test that it conducted of 34 BHCs having more than $100 billion in total consolidated assets (including KeyCorp). The Federal Reserve indicated that all BHCs subject to the stress test maintained capital ratios above the minimum required levels under the severely adverse scenario. The stress test results for individual BHCs will be used to determine a BHC’s stress capital buffer requirement, which will be effective on October 1, 2022, and will remain in effect until September 30, 2023, unless the firm later receives an updated stress capital buffer requirement from the Federal Reserve. It is expected that the Federal Reserve will announce the final stress capital buffer requirement for each firm subject to the supervisory stress test by August 31, 2022.

See Item 1. Business of our 2021 Form 10-K under the heading “Supervision and Regulation - Regulatory capital requirements - Capital planning and stress testing” for a discussion of other recent developments concerning capital planning and stress testing requirements.

Liquidity requirements

See Item. 1 Business of our 2021 Form 10-K under the heading “Supervision and Regulation - Regulatory capital requirements - Liquidity requirements” for a discussion of liquidity requirements, including the Liquidity Coverage Rules.

Deposit insurance and assessments

9

Table of contents

On June 21, 2022, the FDIC issued for public comment a proposal to increase the initial base deposit insurance assessment rates paid by all insured depository institutions by two basis points and to amend the Restoration Plan it had adopted on September 15, 2020, to incorporate the proposed increase in rates. The FDIC indicated that it was taking these actions in order to restore the DIF reserve ratio to the required minimum of 1.35% by the statutory deadline of September 30, 2028. The FDIC said that the reserve ratio had declined below this level because of the increase in deposits since the start of the pandemic and other factors that affect the level of the DIF. Under the FDIC’s proposal, the increase in rates would begin with the first quarterly assessment period of 2023 and would remain in effect unless and until the reserve ratio meets or exceeds 2% in order to support growth in the DIF in progressing toward the FDIC’s long-term goal of a 2% reserve ratio. Comments on the proposal are due by August 20, 2022. If the proposed increase in the assessment rates is adopted, it will apply to KeyBank.

See Item 1. Business of our 2021 Form 10-K under the heading “Supervision and Regulation – FDIA, Resolution Authority and Financial Stability” for a discussion of other recent developments concerning deposit insurance and assessments.

Resolution plans

See Item 1. Business of our 2021 Form 10-K under the heading “Supervision and Regulation - FDIA, Resolution Authority and Financial Stability” for a discussion of other recent developments concerning resolution plans.

Volcker Rule

The Volcker Rule is discussed in detail in Item 1. Business of our 2021 Form 10-K under the heading “Supervision and Regulation - Other Regulatory Developments - Volcker Rule.”

Community Reinvestment Act

See Item 1. Business of our 2021 Form 10-K under the heading “Supervision and Regulation - Other Regulatory Developments - Community Reinvestment Act” for a discussion of other recent developments concerning the CRA.

Supervision and governance

See Item 1. Business of our 2021 Form 10-K under the heading “Supervision and Regulation - Other Regulatory Developments - Supervision and governance” for a discussion of other recent supervision and governance-related developments, including a discussion of the LFI Rating System.

Regulatory developments concerning COVID-19

See Item 1. Business of our 2021 Form 10-K under the heading “Supervision and Regulation - Other Regulatory Developments - Regulatory developments concerning COVID-19” for a discussion of other recent regulatory developments relating to the COVID-19 pandemic.

10

Table of contents