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 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 December 31, 2025 and 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 December 31, 2025 and 2024. The delinquency aging includes all past due loans, both performing and nonperforming.

Table 4.1: Loan Portfolio Composition and Aging Analysis


	December 31, 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	$	251,932	$	3,015	$	2,308	$	5,148	$	10,471	$	262,403
Personal loans	9,325		72		53		49		174		9,499
International card businesses	7,304		117		83		164		364		7,668
Total credit card	268,561		3,204		2,444		5,361		11,009		279,570
Consumer Banking:
Auto	78,758		3,165		1,323		354		4,842		83,600

Retail banking	1,171		12		2		5		19		1,190
Total consumer banking	79,929		3,177		1,325		359		4,861		84,790
Commercial Banking:
Commercial and multifamily real estate	33,501		54		1		62		117		33,618
Commercial and industrial	55,330		57		3		254		314		55,644
Total commercial banking	88,831		111		4		316		431		89,262
Total loans(1)	$	437,321	$	6,492	$	3,773	$	6,036	$	16,301	$	453,622
% of Total loans	96.41%		1.43%		0.83%		1.33%		3.59%		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 December 31, 2025 and 2024. Nonperforming loans generally include loans that have been placed on nonaccrual status. We recognized interest income for loans classified as nonperforming of $96 million and $111 million for the years ended December 31, 2025 and 2024, respectively.


	December 31, 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	$	5,148		N/A			$	0		$	3,577		N/A			$	0
Personal loans	47			$	12		0			N/A			N/A			N/A
International card businesses	157			12			0			134			$	10		0
Total credit card	5,352			24			0			3,711			10			0
Consumer Banking:
Auto	0			566			0			0			750			0

Retail banking	0			17			4			0			25			12
Total consumer banking	0			583			4			0			775			12
Commercial Banking:
Commercial and multifamily real estate	0			320			191			0			509			227
Commercial and industrial	0			892			527			96			701			607
Total commercial banking	0			1,212			718			96			1,210			834
Total	$	5,352		$	1,819		$	722		$	3,807		$	1,995		$	846
% of Total loans held for investment	1.18		%	0.40		%	0.16		%	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 (“GDP”) 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.


	December 31, 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	$	250,332	$	1,600	$	251,932	$	148,112	$	453	$	148,565
30-59 days	2,925		90		3,015		1,944		29		1,973
60-89 days	2,233		75		2,308		1,483		20		1,503
Greater than 90 days	5,016		132		5,148		3,549		28		3,577
Total domestic credit card	$	260,506	$	1,897	$	262,403	$	155,088	$	530	$	155,618

International card businesses:
Current	7,260		44		7,304		6,533		37		6,570
30-59 days	112		5		117		102		5		107
60-89 days	80		3		83		69		3		72
Greater than 90 days	158		6		164		135		6		141
Total international card businesses	$	7,610	$	58	$	7,668	$	6,839	$	51	$	6,890


	December 31, 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	$	4,050	$	2,727	$	1,614	$	658	$	208	$	68	$	9,325	$	0	$	0	$	9,325
30-59 days	14		22		22		10		3		1		72		0		0		72
60-89 days	8		17		16		8		3		1		53		0		0		53
Greater than 90 days	5		16		17		8		2		1		49		0		0		49
Total personal loans	$	4,077	$	2,782	$	1,669	$	684	$	216	$	71	$	9,499	$	0	$	0	$	9,499

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 December 31, 2025 and 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.


	December 31, 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	$	17,601	$	11,622	$	5,209	$	4,634	$	2,706	$	512	$	42,284	$	0	$	0	$	42,284
621-660	6,691		4,002		2,258		1,683		988		263		15,885		0		0		15,885
620 or below	12,319		5,947		3,213		2,115		1,290		547		25,431		0		0		25,431
Total auto	36,611		21,571		10,680		8,432		4,984		1,322		83,600		0		0		83,600







Retail banking—Delinquency status:
Current	103		126		69		78		40		411		827		341		3		1,171
30-59 days	1		0		0		0		0		1		2		10		0		12
60-89 days	0		0		0		0		0		1		1		1		0		2
Greater than 90 days	0		0		0		0		0		2		2		3		0		5
Total retail banking	104		126		69		78		40		415		832		355		3		1,190
Total consumer banking	$	36,715	$	21,697	$	10,749	$	8,510	$	5,024	$	1,737	$	84,432	$	355	$	3	$	84,790


	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.


	December 31, 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	$	2,288	$	1,516	$	2,034	$	3,178	$	1,357	$	4,573	$	14,946	$	16,352	$	140	$	31,438
Criticized performing	0		172		145		428		109		975		1,829		29		2		1,860
Criticized nonperforming	10		17		0		0		76		217		320		0		0		320
Total commercial and multifamily real estate	2,298		1,705		2,179		3,606		1,542		5,765		17,095		16,381		142		33,618
Commercial and industrial
Noncriticized	8,077		5,391		4,623		7,531		3,284		6,667		35,573		16,643		219		52,435
Criticized performing	3		162		185		391		726		309		1,776		541		0		2,317
Criticized nonperforming	12		71		12		158		246		196		695		162		35		892
Total commercial and industrial	8,092		5,624		4,820		8,080		4,256		7,172		38,044		17,346		254		55,644
Total commercial banking	$	10,390	$	7,329	$	6,999	$	11,686	$	5,798	$	12,937	$	55,139	$	33,727	$	396	$	89,262


	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

__________

As part of our loss mitigation efforts, we may provide short-term (one to twelve months) or long-term (greater than twelve months) modifications to a borrower experiencing financial difficulty to improve long-term collectibility of the loan and to avoid the need for repossession or foreclosure of collateral. Our modification programs and balances include those in place at Discover prior to the Transaction. The Company also allows permanent loan modifications for Credit Card customers who request financial assistance through external sources. The Company will in certain cases accept partial payment in full satisfaction of the outstanding receivable known as settlements. The settlement typically includes a waiver of unpaid principal, interest or fees.

The following tables present the major modification types, amortized cost basis amounts for each modification type and financial effects for all FDMs undertaken during the years ended December 31, 2025, 2024 and 2023, respectively. For the year ended December 31, 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


	Year Ended December 31, 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	$	3,955		—			$	143		$	4,098		—			—			—			$	3		—			$	3		$	4,101
Term extension	—			$	38		—			38			$	97		$	3		$	100		317			$	471		788			926
Principal balance reduction	—			—			—			—			25			—			25			—			5			5			30
Principal balance reduction and term extension	—			—			—			—			—			—			—			—			11			11			11
Interest rate reduction and term extension	8			66			—			74			1,094			—			1,094			—			98			98			1,266

Other(1)	—			110			—			110			5			2			7			48			250			298			415
Total loans modified	$	3,963		$	214		$	143		$	4,320		$	1,221		$	5		$	1,226		$	368		$	835		$	1,203		$	6,749
% of total class of receivables	1.51		%	2.25		%	1.86		%	1.55		%	1.46		%	0.46		%	1.45		%	1.09		%	1.50		%	1.35		%	1.49		%


	Year Ended December 31, 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	$	570		N/A	$	123		$	693		—			—			—			—			—			—			$	693
Term extension	—			N/A	—			—			$	32		$	5		$	37		$	471		$	581		$	1,052		1,089
Principal balance reduction	—			N/A	—			—			21			—			21			—			15			15			36
Interest rate reduction and term extension	9			N/A	—			9			665			—			665			—			114			114			788
Other(1)	—			N/A	—			—			4			1			5			68			69			137			142
Total loans modified	$	579		N/A	$	123		$	702		$	722		$	6		$	728		$	539		$	779		$	1,318		$	2,748
% of total class of receivables	0.37		%	N/A	1.79		%	0.43		%	0.94		%	0.48		%	0.93		%	1.69		%	1.41		%	1.51		%	0.84		%


	Year Ended December 31, 2023
	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	$	590		N/A	$	97		$	687		$	—		$	—		$	—		$	—		$	—		$	—		$	687
Term extension	—			N/A	—			—			65			6			71			463			436			899			970
Principal balance reduction	—			N/A	—			—			21			—			21			—			—			—			21
Principal balance reduction and term extension	—			N/A	—			—			—			—			—			—			11			11			11
Interest rate reduction and term extension	12			N/A	—			12			672			1			673			—			26			26			711

Other(1)	—			N/A	—			—			4			3			7			2			451			453			460
Total loans modified	$	602		N/A	$	97		$	699		$	762		$	10		$	772		$	465		$	924		$	1,389		$	2,860
% of total class of receivables	0.41		%	N/A	1.41		%	0.45		%	1.03		%	0.74		%	1.02		%	1.35		%	1.65		%	1.54		%	0.89		%

__________

Table 4.8: Financial Effects of Financial Difficulty Modifications to Borrowers


	Year Ended December 31, 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	15.18%	13.98%	25.71%		8.77%	0.50%		0.85%	2.78%
Payment delay duration (in months)	12	33	0		6	33		7	16
Principal balance reduction	$311	—	—		$1	—		—	$36
Interest and fees forgiven	$269	—	—		—	—		—	—


	Year Ended December 31, 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	20.12%	N/A	26.71%	8.83%	3.48%	0.79%	1.90%
Payment delay duration (in months)	12	N/A	—	6	3	10	16
Principal balance reduction	—	N/A	—	$1	—	—	$15


	Year Ended December 31, 2023
	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	19.32%	N/A	27.10%		8.72%	2.00%		—%	0.25%
Payment delay duration (in months)	12	N/A	—		6	10		13	7
Principal balance reduction	—	N/A	—		$1	—		$20	$3

We monitor loan performance trends, including FDMs, to assess and manage our exposure to credit risk. See “Note 1—Summary of Significant Accounting Policies” for additional information on how the allowance for modified loans is calculated for each portfolio. FDMs are accumulated and the performance of each loan that received an FDM is reported on a rolling 12-month basis.


	December 31, 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)	$	3,250	$	221	$	164	$	328	$	713	$	3,963
Personal loans	174		22		12		6		40		214
International card businesses	77		13		13		40		66		143
Total credit card	3,501		256		189		374		819		4,320
Consumer Banking:
Auto	956		147		88		30		265		1,221
Retail banking	5		0		0		0		0		5
Total consumer banking	961		147		88		30		265		1,226
Commercial Banking:
Commercial and multifamily real estate	368		0		0		0		0		368
Commercial and industrial	694		31		0		110		141		835
Total commercial banking	1,062		31		0		110		141		1,203
Total	$	5,524	$	434	$	277	$	514	$	1,225	$	6,749


	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	$	397	$	57	$	43	$	82	$	182	$	579
Personal loans	N/A		N/A		N/A		N/A		N/A		N/A
International card businesses	68		11		10		34		55		123
Total credit card	465		68		53		116		237		702
Consumer Banking:
Auto	522		101		70		29		200		722
Retail banking	4		1		0		1		2		6
Total consumer banking	526		102		70		30		202		728
Commercial Banking:
Commercial and multifamily real estate	535		2		0		2		4		539
Commercial and industrial	696		0		19		64		83		779
Total commercial banking	1,231		2		19		66		87		1,318
Total	$	2,222	$	172	$	142	$	212	$	526	$	2,748


	December 31, 2023
			Delinquent Loans
(Dollars in millions)	Current		30-59 Days		60-89 Days		> 90 Days		Total Delinquent Loans		Total Loans
Credit Card:
Domestic credit card	$	384	$	81	$	46	$	91	$	218	$	602
Personal loans	N/A		N/A		N/A		N/A		N/A		N/A
International card businesses	49		9		9		30		48		97
Total credit card	433		90		55		121		266		699
Consumer Banking:
Auto	548		107		76		31		214		762
Retail banking	10		0		0		0		0		10
Total consumer banking	558		107		76		31		214		772
Commercial Banking:
Commercial and multifamily real estate	426		0		0		39		39		465
Commercial and industrial	820		0		0		104		104		924
Total commercial banking	1,246		0		0		143		143		1,389
Total	$	2,237	$	197	$	131	$	295	$	623	$	2,860

__________

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 “Note 1—Summary of Significant Accounting Policies” for additional information.

Table 4.10 Subsequent Defaults of Financial Difficulty Modifications to Borrowers


	Year Ended December 31, 2025
(Dollars in millions)	Interest Rate Reduction		Term Extension		Interest Rate Reduction and Term Extension		Other Modifications		Total Loans
Credit Card:
Domestic credit card	$	710	$	0	$	3	$	0	$	713
Personal loans	0		10		10		43		63
International card businesses	91		0		0		0		91
Total credit card	801		10		13		43		867
Consumer Banking:
Auto	0		8		410		0		418

Total consumer banking	0		8		410		0		418
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	$	801	$	38	$	423	$	56	$	1,318


	Year Ended December 31, 2024
(Dollars in millions)	Interest Rate Reduction		Term Extension		Interest Rate Reduction and Term Extension		Other modifications		Total Loans
Credit Card:
Domestic credit card	$	228	$	0	$	3	$	0	$	231
Personal loans	N/A		N/A		N/A		N/A		N/A
International card businesses	76		0		0		0		76
Total credit card	304		0		3		0		307
Consumer Banking:
Auto	0		8		448		0		456
Retail banking	0		1		0		0		1
Total consumer banking	0		9		448		0		457
Commercial Banking:
Commercial and multifamily real estate	0		169		0		54		223
Commercial and industrial	0		125		0		255		380
Total commercial banking	0		294		0		309		603
Total	$	304	$	303	$	451	$	309	$	1,367


	Year Ended December 31, 2023
(Dollars in millions)	Interest Rate Reduction		Term Extension		Interest Rate Reduction and Term Extension		Total Loans
Credit Card:
Domestic credit card	$	89	$	0	$	1	$	90
Personal loans	N/A		N/A		N/A		N/A
International card businesses	20		0		0		20
Total credit card	109		0		1		110
Consumer Banking:
Auto	0		15		235		250

Total consumer banking	0		15		235		250
Commercial Banking:
Commercial and multifamily real estate	0		46		0		46
Commercial and industrial	0		51		0		51
Total commercial banking	0		97		0		97
Total	$	109	$	112	$	236	$	457

We pledged loan collateral of $6.6 billion and $6.7 billion to secure a portion of our FHLB borrowing capacity of $34.4 billion and $35.1 billion as of December 31, 2025 and 2024, respectively. We also pledged loan collateral of $91.6 billion and $80.2 billion to secure our Federal Reserve Discount Window borrowing capacity of $53.3 billion and $46.7 billion as of December 31, 2025 and 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.