Our loan portfolio consists of loans held for investment, including loans held in our consolidated trusts, and loans held for sale. We further divide our loans held for investment into three portfolio segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment consists of domestic credit card loans, international credit card loans and personal loans. The Consumer Banking segment consists of auto and retail banking loans. The Commercial Banking segment consists of commercial and multifamily real estate as well as commercial and industrial loans. The information presented in the tables in this note excludes loans held for sale, which are carried at either fair value (if we elect the fair value option) or at the lower of cost or fair value.

Accrued interest receivable of $3.1 billion and $2.2 billion as of September 30, 2025 and December 31, 2024, respectively, is not included in the tables in this note. The table below presents the composition and aging analysis of our loans held for investment portfolio as of September 30, 2025 and December 31, 2024. The delinquency aging includes all past due loans, both performing and nonperforming.

Table 4.1: Loan Portfolio Composition and Aging Analysis


	September 30, 2025
			Delinquent Loans
(Dollars in millions)	Current		30-59 Days		60-89 Days		> 90 Days		Total Delinquent Loans		Total Loans
Credit Card:
Domestic credit card	$	244,063	$	3,015	$	2,198	$	4,675	$	9,888	$	253,951
Personal loans	9,469		72		55		50		177		9,646
International card businesses	7,088		120		81		151		352		7,440
Total credit card	260,620		3,207		2,334		4,876		10,417		271,037
Consumer Banking:
Auto	77,448		2,898		1,290		399		4,587		82,035

Retail banking	1,180		11		2		2		15		1,195
Total consumer banking	78,628		2,909		1,292		401		4,602		83,230
Commercial Banking:
Commercial and multifamily real estate	33,365		19		1		76		96		33,461
Commercial and industrial	55,023		9		123		276		408		55,431
Total commercial banking	88,388		28		124		352		504		88,892
Total loans(1)	$	427,636	$	6,144	$	3,750	$	5,629	$	15,523	$	443,159
% of Total loans	96.50%		1.39%		0.84%		1.27%		3.50%		100.00%


	December 31, 2024
			Delinquent Loans
(Dollars in millions)	Current		30-59 Days		60-89 Days		> 90 Days		Total Delinquent Loans		Total Loans
Credit Card:
Domestic credit card	$	148,565	$	1,973	$	1,503	$	3,577	$	7,053	$	155,618
Personal loans	N/A		N/A		N/A		N/A		N/A		N/A
International card businesses	6,570		107		72		141		320		6,890
Total credit card	155,135		2,080		1,575		3,718		7,373		162,508
Consumer Banking:
Auto	71,600		3,149		1,529		551		5,229		76,829

Retail banking	1,237		13		3		10		26		1,263
Total consumer banking	72,837		3,162		1,532		561		5,255		78,092
Commercial Banking:
Commercial and multifamily real estate	31,733		31		9		130		170		31,903
Commercial and industrial	55,030		3		22		217		242		55,272
Total commercial banking	86,763		34		31		347		412		87,175
Total loans(1)	$	314,735	$	5,276	$	3,138	$	4,626	$	13,040	$	327,775
% of Total loans	96.02%		1.61%		0.96%		1.41%		3.98%		100.00%

__________

The following table presents our loans held for investment that are 90 days or more past due that continue to accrue interest, loans that are classified as nonperforming and loans that are classified as nonperforming without an allowance as of September 30, 2025 and December 31, 2024. Nonperforming loans generally include loans that have been placed on nonaccrual status. We recognized interest income for loans classified as nonperforming of $4 million and $54 million for the three and nine months ended September 30, 2025, respectively, and $6 million and $70 million for the three and nine months ended September 30, 2024, respectively.


	September 30, 2025									December 31, 2024
(Dollars in millions)	> 90 Days and Accruing			Nonperforming Loans			Nonperforming Loans Without an Allowance			> 90 Days and Accruing			Nonperforming Loans			Nonperforming Loans Without an Allowance
Credit Card:
Domestic credit card	$	4,675		N/A			$	0		$	3,577		N/A			$	0
Personal loans	47			$	13		0			N/A			N/A			N/A
International card businesses	145			12			0			134			$	10		0
Total credit card	4,867			25			0			3,711			10			0
Consumer Banking:
Auto	0			584			0			0			750			0

Retail banking	0			20			10			0			25			12
Total consumer banking	0			604			10			0			775			12
Commercial Banking:
Commercial and multifamily real estate	40			353			198			0			509			227
Commercial and industrial	0			883			464			96			701			607
Total commercial banking	40			1,236			662			96			1,210			834
Total	$	4,907		$	1,865		$	672		$	3,807		$	1,995		$	846
% of Total loans held for investment	1.11		%	0.42		%	0.15		%	1.16		%	0.61		%	0.26		%

Our Credit Card segment is highly diversified across millions of accounts and numerous geographies without significant individual exposure. We therefore generally manage credit risk based on portfolios with common risk characteristics. The risk in our Credit Card segment correlates to broad economic trends, such as the U.S. unemployment rate and U.S. Real Gross Domestic Product growth rate, as well as consumers’ financial condition, all of which can have a material effect on credit performance. The key indicator we assess in monitoring the credit quality and risk of our Credit Card segment is delinquency trends, including an analysis of loan migration between delinquency categories over time.


	September 30, 2025						December 31, 2024
(Dollars in millions)	Revolving Loans		Revolving Loans Converted to Term		Total		Revolving Loans		Revolving Loans Converted to Term		Total
Credit Card:
Domestic credit card:
Current	$	242,530	$	1,533	$	244,063	$	148,112	$	453	$	148,565
30-59 days	2,929		86		3,015		1,944		29		1,973
60-89 days	2,133		65		2,198		1,483		20		1,503
Greater than 90 days	4,557		118		4,675		3,549		28		3,577
Total domestic credit card	252,149		1,802		253,951		155,088		530		155,618

International card businesses:
Current	7,047		41		7,088		6,533		37		6,570
30-59 days	115		5		120		102		5		107
60-89 days	77		4		81		69		3		72
Greater than 90 days	146		5		151		135		6		141
Total international card businesses	$	7,385	$	55	$	7,440	$	6,839	$	51	$	6,890


	September 30, 2025
	Term Loans by Vintage Year
(Dollars in millions)	2025		2024		2023		2022		2021		Prior		Total Term Loans		Revolving Loans		Revolving Loans Converted to Term		Total
Personal loans—Delinquency status:
Current	$	3,216	$	3,161	$	1,930	$	805	$	264	$	93	$	9,469	$	0	$	0	$	9,469
30-59 days	6		22		25		13		4		2		72		0		0		72
60-89 days	4		18		20		9		3		1		55		0		0		55
Greater than 90 days	3		16		17		9		3		2		50		0		0		50
Total personal loans	$	3,229	$	3,217	$	1,992	$	836	$	274	$	98	$	9,646	$	0	$	0	$	9,646

Our Consumer Banking segment consists of auto and retail banking loans. Similar to our Credit Card segment, the risk in our Consumer Banking segment correlates to broad economic trends as well as consumers’ financial condition, all of which can have a material effect on credit performance. The key indicator we consider when assessing the credit quality and risk of our auto loan portfolio is borrower credit scores as they measure the creditworthiness of borrowers. Delinquency trends are the key indicator we assess in monitoring the credit quality and risk of our retail banking loan portfolio.

The table below presents loans held for investment in our Consumer Banking segment loans held for investment by credit quality indicator as of September 30, 2025 and December 31, 2024. We present our auto loan portfolio by Fair Isaac Corporation (“FICO”) scores at origination and our retail banking loan portfolio by delinquency status, which includes all past due loans, both performing and nonperforming.


	September 30, 2025
	Term Loans by Vintage Year
(Dollars in millions)	2025		2024		2023		2022		2021		Prior		Total Term Loans		Revolving Loans		Revolving Loans Converted to Term		Total

Auto—At origination FICO scores:(1)
Greater than 660	$	13,606	$	12,853	$	5,902	$	5,413	$	3,323	$	742	$	41,839	$	0	$	0	$	41,839
621-660	5,201		4,385		2,537		1,951		1,198		375		15,647		0		0		15,647
620 or below	9,718		6,489		3,589		2,445		1,551		757		24,549		0		0		24,549
Total auto	28,525		23,727		12,028		9,809		6,072		1,874		82,035		0		0		82,035







Retail banking—Delinquency status:
Current	83		129		71		81		42		433		839		338		3		1,180
30-59 days	0		0		0		0		0		2		2		9		0		11
60-89 days	0		0		0		0		0		1		1		1		0		2
Greater than 90 days	0		0		0		0		0		1		1		1		0		2
Total retail banking	83		129		71		81		42		437		843		349		3		1,195
Total consumer banking	$	28,608	$	23,856	$	12,099	$	9,890	$	6,114	$	2,311	$	82,878	$	349	$	3	$	83,230


	December 31, 2024
	Term Loans by Vintage Year
(Dollars in millions)	2024		2023		2022		2021		2020		Prior		Total Term Loans		Revolving Loans		Revolving Loans Converted to Term		Total

Auto—At origination FICO scores:(1)
Greater than 660	$	17,057	$	8,333	$	8,194	$	5,621	$	1,482	$	394	$	41,081	$	0	$	0	$	41,081
621-660	5,584		3,492		2,906		1,986		667		235		14,870		0		0		14,870
620 or below	8,102		4,882		3,626		2,546		1,207		515		20,878		0		0		20,878
Total auto	30,743		16,707		14,726		10,153		3,356		1,144		76,829		0		0		76,829







Retail banking—Delinquency status:
Current	143		78		93		49		51		469		883		351		3		1,237
30-59 days	0		0		0		0		0		2		2		11		0		13
60-89 days	0		0		0		0		0		1		1		2		0		3
Greater than 90 days	0		0		0		0		1		7		8		1		1		10
Total retail banking	143		78		93		49		52		479		894		365		4		1,263
Total consumer banking	$	30,886	$	16,785	$	14,819	$	10,202	$	3,408	$	1,623	$	77,723	$	365	$	4	$	78,092

__________

The key credit quality indicator for our Commercial Banking segment is our internal risk ratings. We assign internal risk ratings to loans based on relevant information about the ability of the borrowers to repay their debt. In determining the risk rating of a particular loan, some of the factors considered are the borrower’s current financial condition, historical and projected future credit performance, prospects for support from financially responsible guarantors, the estimated realizable value of any collateral and current economic trends. The scale based on our internal risk rating system is as follows:

•Criticized nonperforming: Loans that are not adequately protected by the current net worth and paying capacity of the obligor or the collateral pledged, if any. Loans classified as criticized nonperforming have a well-defined weakness, or weaknesses, which jeopardize the full repayment of the debt. These loans are characterized by the distinct possibility that we will sustain a credit loss if the deficiencies are not corrected and are generally placed on nonaccrual status.

We use our internal risk rating system for regulatory reporting, determining the frequency of credit exposure reviews, and evaluating and determining the allowance for credit losses. Generally, loans that are designated as criticized performing and criticized nonperforming are reviewed quarterly by management to determine if they are appropriately classified/rated and whether any impairment exists. Noncriticized loans are generally reviewed, at least annually, to determine the appropriate risk rating. In addition, we evaluate the risk rating during the renewal process of any loan or if a loan becomes past due.


	September 30, 2025
	Term Loans by Vintage Year
(Dollars in millions)	2025		2024		2023		2022		2021		Prior		Total Term Loans		Revolving Loans		Revolving Loans Converted to Term		Total
Internal risk rating:(1)
Commercial and multifamily real estate
Noncriticized	$	1,681	$	1,623	$	2,207	$	3,516	$	1,530	$	4,919	$	15,476	$	15,875	$	50	$	31,401
Criticized performing	0		113		83		410		121		947		1,674		31		2		1,707
Criticized nonperforming	10		17		0		22		77		227		353		0		0		353
Total commercial and multifamily real estate	1,691		1,753		2,290		3,948		1,728		6,093		17,503		15,906		52		33,461
Commercial and industrial
Noncriticized	4,743		5,236		5,159		8,183		3,832		7,437		34,590		16,981		126		51,697
Criticized performing	3		191		172		415		787		415		1,983		864		4		2,851
Criticized nonperforming	10		25		12		284		197		234		762		121		0		883
Total commercial and industrial	4,756		5,452		5,343		8,882		4,816		8,086		37,335		17,966		130		55,431
Total commercial banking	$	6,447	$	7,205	$	7,633	$	12,830	$	6,544	$	14,179	$	54,838	$	33,872	$	182	$	88,892


	December 31, 2024
	Term Loans by Vintage Year
(Dollars in millions)	2024		2023		2022		2021		2020		Prior		Total Term Loans		Revolving Loans		Revolving Loans Converted to Term		Total
Internal risk rating:(1)
Commercial and multifamily real estate
Noncriticized	$	1,820	$	2,574	$	3,846	$	2,230	$	903	$	4,887	$	16,260	$	12,691	$	49	$	29,000
Criticized performing	71		89		1,072		35		110		922		2,299		93		2		2,394
Criticized nonperforming	23		0		46		103		86		249		507		2		0		509
Total commercial and multifamily real estate	1,914		2,663		4,964		2,368		1,099		6,058		19,066		12,786		51		31,903
Commercial and industrial
Noncriticized	5,694		6,092		9,952		5,009		2,730		6,239		35,716		15,449		266		51,431
Criticized performing	101		190		680		932		92		258		2,253		887		0		3,140
Criticized nonperforming	41		13		186		43		184		91		558		143		0		701
Total commercial and industrial	5,836		6,295		10,818		5,984		3,006		6,588		38,527		16,479		266		55,272
Total commercial banking	$	7,750	$	8,958	$	15,782	$	8,352	$	4,105	$	12,646	$	57,593	$	29,265	$	317	$	87,175

__________

The following tables present the major modification types, amortized cost amounts for each modification type and financial effects for all FDMs undertaken during the three and nine months ended September 30, 2025 and 2024. For the three and nine months ended September 30, 2025, the tables include amounts of FDMs from the acquired Discover portfolio, including loans which were modified prior to the Closing Date.

Table 4.7: Financial Difficulty Modifications to Borrowers



	Three Months Ended September 30, 2025
	Credit Card												Consumer Banking									Commercial Banking
(Dollars in millions)	Domestic Card			Personal Loans			International Card Businesses			Total Credit Card			Auto			Retail Banking			Total Consumer Banking			Commercial and Multifamily Real Estate			Commercial and Industrial			Total Commercial Banking			Total
Interest rate reduction	$	1,158		$	—		$	57		$	1,215		$	—		$	—		$	—		$	—		$	—		$	—		$	1,215
Term extension	—			10			—			10			41			3			44			61			180			241			295
Principal balance reduction	—			—			—			—			11			—			11			—			—			—			11
Principal balance reduction and term extension:	—			—			—			—			—			—			—			—			11			11			11
Interest rate reduction and term extension	6			20			—			26			412			—			412			—			16			16			454
Other(1)	—			36			—			36			3			1			4			22			216			238			278
Total loans modified	$	1,164		$	66		$	57		$	1,287		$	467		$	4		$	471		$	83		$	423		$	506		$	2,264
% of total class of receivables	0.46		%	0.69		%	0.77		%	0.47		%	0.57		%	0.35		%	0.57		%	0.25		%	0.76		%	0.57		%	0.51		%


	Nine Months Ended September 30, 2025
	Credit Card												Consumer Banking									Commercial Banking
(Dollars in millions)	Domestic Card(2)			Personal Loans			International Card Businesses			Total Credit Card			Auto			Retail Banking			Total Consumer Banking			Commercial and Multifamily Real Estate			Commercial and Industrial			Total Commercial Banking			Total
Interest rate reduction	$	3,138		$	—		$	113		$	3,251		$	—		$	—		$	—		$	3		$	—		$	3		$	3,254
Term extension	—			31			—			31			75			4			79			328			403			731			841
Principal balance reduction	—			—			—			—			22			—			22			—			—			—			22
Principal balance reduction and term extension	—			—			—			—			—			—			—			—			11			11			11
Interest rate reduction and term extension	10			52			—			62			766			—			766			—			65			65			893

Other(1)	—			90			—			90			4			1			5			52			293			345			440
Total loans modified	$	3,148		$	173		$	113		$	3,434		$	867		$	5		$	872		$	383		$	772		$	1,155		$	5,461
% of total class of receivables	1.24		%	1.80		%	1.52		%	1.27		%	1.06		%	0.40		%	1.05		%	1.15		%	1.39		%	1.30		%	1.23		%



	Three Months Ended September 30, 2024
	Credit Card										Consumer Banking									Commercial Banking
(Dollars in millions)	Domestic Card			Personal Loans	International Card Businesses			Total Credit Card			Auto			Retail Banking			Total Consumer Banking			Commercial and Multifamily Real Estate			Commercial and Industrial			Total Commercial Banking			Total
Interest rate reduction	$	173		N/A	$	60		$	233		$	—		$	—		$	—		$	—		$	9		$	9		$	242
Term extension	—			N/A	—			—			10			3			13			286			432			718			731
Principal balance reduction	—			N/A	—			—			9			—			9			—			—			—			9
Interest rate reduction and term extension	5			N/A	—			5			258			—			258			—			1			1			264
Other(1)	—			N/A	—			—			2			—			2			21			31			52			54
Total loans modified	$	178		N/A	$	60		$	238		$	279		$	3		$	282		$	307		$	473		$	780		$	1,300
% of total class of receivables	0.12		%	N/A	0.83		%	0.15		%	0.37		%	0.22		%	0.37		%	0.96		%	0.87		%	0.90		%	0.41		%


	Nine Months Ended September 30, 2024
	Credit Card										Consumer Banking									Commercial Banking
(Dollars in millions)	Domestic Card			Personal Loans	International Card Businesses			Total Credit Card			Auto			Retail Banking			Total Consumer Banking			Commercial and Multifamily Real Estate			Commercial and Industrial			Total Commercial Banking			Total
Interest rate reduction	$	472		N/A	$	113		$	585		$	—		$	—		$	—		$	—		$	9		$	9		$	594
Term extension	—			N/A	—			—			17			4			21			513			695			1,208			1,229
Principal balance reduction	—			N/A	—			—			19			—			19			—			15			15			34
Interest rate reduction and term extension	8			N/A	—			8			573			—			573			—			7			7			588
Other(1)	—			N/A	—			—			3			1			4			159			117			276			280
Total loans modified	$	480		N/A	$	113		$	593		$	612		$	5		$	617		$	672		$	843		$	1,515		$	2,725
% of total class of receivables	0.32		%	N/A	1.56		%	0.38		%	0.81		%	0.42		%	0.80		%	2.09		%	1.54		%	1.74		%	0.85		%

__________

Table 4.8: Financial Effects of Financial Difficulty Modifications to Borrowers



	Three Months Ended September 30, 2025
	Credit Card			Consumer Banking		Commercial Banking
(Dollars in millions)	Domestic Card	Personal Loans	International Card Businesses		Auto	Retail Banking	Commercial and Multifamily Real Estate	Commercial and Industrial
Weighted-average interest rate reduction	15.45%	14.13%	26.21%		8.48%	—%	—%	5.75%
Payment delay duration (in months)	12	28	—		6	56	5	8
Principal balance reduction	$85	—	—		—	—	—	$19
Interest and fees forgiven	$68	—	—		—	—	—	—


	Nine Months Ended September 30, 2025
	Credit Card			Consumer Banking			Commercial Banking
(Dollars in millions)	Domestic Card	Personal Loans	International Card Businesses		Auto	Retail Banking		Commercial and Multifamily Real Estate	Commercial and Industrial
Weighted-average interest rate reduction	15.09%	13.99%	25.90%		8.85%	0.50%		0.85%	2.34%
Payment delay duration (in months)	12	34	—		6	33		7	13
Principal balance reduction	$230	—	—		—	—		—	$19
Interest and fees forgiven	$201	—	—		—	—		—	—



	Three Months Ended September 30, 2024
	Credit Card			Consumer Banking		Commercial Banking
(Dollars in millions)	Domestic Card	Personal Loans	International Card Businesses	Auto	Retail Banking	Commercial and Multifamily Real Estate	Commercial and Industrial
Weighted-average interest rate reduction	20.49%	N/A	27.01%	8.83%	—%	—%	2.14%
Payment delay duration (in months)	12	N/A	—	6	25	18	18
Principal balance reduction	—	N/A	—	—	—	—	—


	Nine Months Ended September 30, 2024
	Credit Card			Consumer Banking		Commercial Banking
(Dollars in millions)	Domestic Card	Personal Loans	International Card Businesses	Auto	Retail Banking	Commercial and Multifamily Real Estate	Commercial and Industrial
Weighted-average interest rate reduction	20.19%	N/A	26.76%	8.78%	3.48%	0.79%	1.90%
Payment delay duration (in months)	12	N/A	—	6	4	11	16
Principal balance reduction	—	N/A	—	—	—	—	$15

We monitor loan performance trends, including FDMs, to assess and manage our exposure to credit risk. See “Part II—Item 8. Financial Statements and Supplementary Data—Note 1—Summary of Significant Accounting Policies” in our 2024 Form 10-K for additional information on how the allowance for modified loans is calculated for each portfolio segment. FDMs are accumulated and the performance of each loan that received an FDM is reported on a rolling 12-month basis.


	September 30, 2025
			Delinquent Loans
(Dollars in millions)	Current		30-59 Days		60-89 Days		> 90 Days		Total Delinquent Loans		Total Loans
Credit Card:
Domestic credit card(2)	$	3,343	$	228	$	160	$	306	$	694	$	4,037
Personal loans	175		21		13		5		39		214
International card businesses	74		12		11		35		58		132
Total credit card	3,592		261		184		346		791		4,383
Consumer Banking:
Auto	776		114		67		23		204		980
Retail banking	5		0		0		0		0		5
Total consumer banking	781		114		67		23		204		985
Commercial Banking:
Commercial and multifamily real estate	412		12		0		22		34		446
Commercial and industrial	742		5		31		159		195		937
Total commercial banking	1,154		17		31		181		229		1,383
Total	$	5,527	$	392	$	282	$	550	$	1,224	$	6,751


	September 30, 2024
			Delinquent Loans
(Dollars in millions)	Current		30-59 Days		60-89 Days		> 90 Days		Total Delinquent Loans		Total Loans
Credit Card:
Domestic credit card	$	423	$	60	$	45	$	88	$	193	$	616
Personal loans	N/A		N/A		N/A		N/A		N/A		N/A
International card businesses	68		12		11		37		60		128
Total credit card	491		72		56		125		253		744
Consumer Banking:
Auto	560		112		71		28		211		771
Retail banking	10		0		0		0		0		10
Total consumer banking	570		112		71		28		211		781
Commercial Banking:
Commercial and multifamily real estate	646		0		0		28		28		674
Commercial and industrial	768		74		4		65		143		911
Total commercial banking	1,414		74		4		93		171		1,585
Total	$	2,475	$	258	$	131	$	246	$	635	$	3,110

__________

FDMs may subsequently enter default. A default occurs if a FDM is either 90 days or more delinquent, has been charged off, or has been reclassified from accrual to nonaccrual status. Loans that entered a modification program while in default are not considered to have subsequently defaulted for purposes of this disclosure. The allowance for any FDMs that have subsequently defaulted is measured using the same methodology as the allowance for loans held for investment. See “Part II—Item 8. Financial Statements and Supplementary Data—Note 1—Summary of Significant Accounting Policies” in our 2024 Form 10-K for additional information.

Table 4.10 Subsequent Defaults of Financial Difficulty Modifications to Borrowers



	Three Months Ended September 30, 2025
(Dollars in millions)	Interest Rate Reduction		Term Extension		Interest Rate Reduction and Term Extension		Other Modifications		Total Loans
Credit Card:
Domestic credit card	$	163	$	0	$	2	$	0	$	165
Personal loans	0		3		2		11		16
International card businesses	23		0		0		0		23
Total credit card	186		3		4		11		204
Consumer Banking:
Auto	0		2		108		0		110

Total consumer banking	0		2		108		0		110
Commercial Banking:
Commercial and multifamily real estate	0		0		0		4		4

Total commercial banking	0		0		0		4		4
Total	$	186	$	5	$	112	$	15	$	318


	Nine Months Ended September 30, 2025
(Dollars in millions)	Interest Rate Reduction		Term Extension		Interest Rate Reduction and Term Extension		Other Modifications		Total Loans
Credit Card:
Domestic credit card	$	481	$	0	$	3	$	0	$	484
Personal loans	0		7		7		33		47
International card businesses	67		0		0		0		67
Total credit card	548		7		10		33		598
Consumer Banking:
Auto	0		6		278		0		284

Total consumer banking	0		6		278		0		284
Commercial Banking:
Commercial and multifamily real estate	0		0		0		11		11
Commercial and industrial	0		20		0		2		22
Total commercial banking	0		20		0		13		33
Total	$	548	$	33	$	288	$	46	$	915



	Three Months Ended September 30, 2024
(Dollars in millions)	Interest Rate Reduction		Term Extension		Interest Rate Reduction and Term Extension		Other modifications		Total Loans
Credit Card:
Domestic credit card	$	52	$	0	$	0	$	0	$	52
Personal loans	N/A		N/A		N/A		N/A		N/A
International card businesses	21		0		0		0		21
Total credit card	73		0		0		0		73
Consumer Banking:
Auto	0		1		110		0		111

Total consumer banking	0		1		110		0		111
Commercial Banking:
Commercial and multifamily real estate	0		103		0		28		131
Commercial and industrial	0		0		0		0		0
Total commercial banking	0		103		0		28		131
Total	$	73	$	104	$	110	$	28	$	315


	Nine Months Ended September 30, 2024
(Dollars in millions)	Interest Rate Reduction		Term Extension		Interest Rate Reduction and Term Extension		Other modifications		Total Loans
Credit Card:
Domestic credit card	$	179	$	0	$	2	$	0	$	181
Personal loans	N/A		N/A		N/A		N/A		N/A
International card businesses	56		0		0		0		56
Total credit card	235		0		2		0		237
Consumer Banking:
Auto	0		6		329		0		335
Retail banking	0		1		0		0		1
Total consumer banking	0		7		329		0		336
Commercial Banking:
Commercial and multifamily real estate	0		103		0		28		131
Commercial and industrial	0		125		0		255		380
Total commercial banking	0		228		0		283		511
Total	$	235	$	235	$	331	$	283	$	1,084

We pledged loan collateral of $6.4 billion and $6.7 billion to secure a portion of our FHLB borrowing capacity of $33.5 billion and $35.1 billion as of September 30, 2025 and December 31, 2024, respectively. We also pledged loan collateral of $79.7 billion and $80.2 billion to secure our Federal Reserve Discount Window borrowing capacity of $45.6 billion and $46.7 billion as of September 30, 2025 and December 31, 2024, respectively. In addition to loans pledged, we have securitized a portion of our credit card and auto loan portfolios. See “Note 6—Variable Interest Entities and Securitizations” for additional information.

For the three and nine months ended September 30, 2025, we converted $432 million and $836 million of revolving loans to term loans, respectively, primarily in our domestic credit card and commercial banking loan portfolios. For the three and nine months ended September 30, 2024, we converted $267 million and $588 million of revolving loans to term loans, respectively, primarily in our domestic credit card and commercial banking loan portfolios.