XML 25 R13.htm IDEA: XBRL DOCUMENT
v3.25.3

Loans and asset quality | 9 Months Ended
--- | ---
Sep. 30, 2025
Receivables [Abstract] |
Loans and asset quality | Loans and asset quality Loans The table below provides the details of our loan portfolio.
Loans | Sept. 30, 2025 | Dec. 31, 2024
(in millions)
Commercial | $ | 1,333 |  | $ | 1,420 |
Commercial real estate | 6,767 |  | 6,782 |
Financial institutions | 13,038 |  | 13,167 |
Lease financings | 93 |  | 603 |
Wealth management loans | 9,180 |  | 8,698 |
Wealth management mortgages | 8,707 |  | 8,950 |
Other residential mortgages | 1,767 |  | 1,068 |
Capital call financing | 4,990 |  | 5,163 |
Other | 3,584 |  | 3,063 |
Overdrafts | 2,652 |  | 3,519 |
Margin loans | 23,084 |  | 19,137 |
Total loans (a) | $ | 75,195 |  | $ | 71,570 |
(a) Net of unearned income of $94 million at Sept. 30, 2025 and $230 million at Dec. 31, 2024 primarily related to lease financings. We disclose information related to our loans and asset quality by the class of the financing receivable in the following tables. Allowance for credit losses Activity in the allowance for credit losses on loans and lending-related commitments is presented below. This does not include activity in the allowance for credit losses related to other financial instruments, including cash and due from banks, interest-bearing deposits with banks, federal funds sold and securities purchased under resale agreements, available-for-sale securities, held-to-maturity securities and accounts receivable.
Allowance for credit losses activity for the quarter ended Sept. 30, 2025 | Wealth management loans | Wealth management mortgages | Other residential mortgages | Capital call financing |  |
(in millions) | Commercial | Commercial real estate | Financial institutions |  |  | Total
Beginning balance | $ | 13 |  | $ | 291 |  | $ | 25 |  |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 7 |  |  | $ | 345 |
Charge-offs | — |  | (5) |  | — |  |  | — |  | — |  | — |  | — |  |  | (5) |
Recoveries | — |  | — |  | — |  |  | — |  | — |  | 1 |  | — |  |  | 1 |
Net (charge-offs) recoveries | — |  | (5) |  | — |  |  | — |  | — |  | 1 |  | — |  |  | (4) |
Provision (a) | (6) |  | 4 |  | (3) |  |  | — |  | — |  | (1) |  | — |  |  | (6) |
Ending balance | $ | 7 |  | $ | 290 |  | $ | 22 |  |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 7 |  |  | $ | 335 |
Allowance for: |  |  |  |  |  |  |  |  |  |
Loan losses | $ | 1 |  | $ | 247 |  | $ | 10 |  |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 5 |  |  | $ | 272 |
Lending-related commitments | 6 |  | 43 |  | 12 |  |  | — |  | — |  | — |  | 2 |  |  | 63 |
Individually evaluated for impairment: |  |  |  |  |  |  |  |  |  |
Loan balance (b) | $ | — |  | $ | 315 |  | $ | — |  |  | $ | — |  | $ | 8 |  | $ | — |  | $ | — |  |  | $ | 323 |
Allowance for loan losses | — |  | 42 |  | — |  |  | — |  | — |  | — |  | — |  |  | 42 |
(a) Does not include the provision for credit losses benefit related to other financial instruments of $1 million for the quarter ended Sept. 30, 2025. (b) Includes collateral-dependent loans of $323 million with $350 million of collateral value.
Allowance for credit losses activity for the quarter ended June 30, 2025 | Wealth management loans | Wealth management mortgages | Other residential mortgages | Capital call financing |  |
(in millions) | Commercial | Commercial real estate | Financial institutions |  |  | Total
Beginning balance | $ | 15 |  | $ | 326 |  | $ | 16 |  |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 4 |  |  | $ | 370 |
Charge-offs | — |  | (10) |  | — |  |  | — |  | — |  | — |  | — |  |  | (10) |
Recoveries | — |  | 5 |  | — |  |  | — |  | — |  | — |  | — |  |  | 5 |
Net (charge-offs) | — |  | (5) |  | — |  |  | — |  | — |  | — |  | — |  |  | (5) |
Provision (a) | (2) |  | (30) |  | 9 |  |  | — |  | — |  | — |  | 3 |  |  | (20) |
Ending balance | $ | 13 |  | $ | 291 |  | $ | 25 |  |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 7 |  |  | $ | 345 |
Allowance for: |  |  |  |  |  |  |  |  |  |
Loan losses | $ | 2 |  | $ | 245 |  | $ | 13 |  |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 6 |  |  | $ | 275 |
Lending-related commitments | 11 |  | 46 |  | 12 |  |  | — |  | — |  | — |  | 1 |  |  | 70 |
Individually evaluated for impairment: |  |  |  |  |  |  |  |  |  |
Loan balance (b) | $ | — |  | $ | 198 |  | $ | — |  |  | $ | — |  | $ | 1 |  | $ | — |  | $ | — |  |  | $ | 199 |
Allowance for loan losses | — |  | 52 |  | — |  |  | — |  | — |  | — |  | — |  |  | 52 |
(a) Does not include the provision for credit losses related to other financial instruments of $3 million for the quarter ended June 30, 2025. (b) Includes collateral-dependent loans of $199 million with $169 million of collateral value.
Allowance for credit losses activity for the quarter ended Sept. 30, 2024 | Wealth management loans | Wealth management mortgages | Other residential mortgages | Capital call financing |  | Total
(in millions) | Commercial | Commercial real estate | Financial institutions |
Beginning balance | $ | 27 |  | $ | 298 |  | $ | 21 |  |  | $ | 1 |  | $ | 6 |  | $ | 3 |  | $ | 3 |  |  | $ | 359 |
Charge-offs | — |  | (10) |  | — |  |  | — |  | — |  | — |  | — |  |  | (10) |
Recoveries | — |  | — |  | — |  |  | — |  | — |  | — |  | — |  |  | — |
Net (charge-offs) | — |  | (10) |  | — |  |  | — |  | — |  | — |  | — |  |  | (10) |
Provision (a) | 3 |  | 20 |  | — |  |  | — |  | — |  | (1) |  | — |  |  | 22 |
Ending balance | $ | 30 |  | $ | 308 |  | $ | 21 |  |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 3 |  |  | $ | 371 |
Allowance for: |  |  |  |  |  |  |  |  |  |
Loan losses | $ | 16 |  | $ | 258 |  | $ | 12 |  |  | $ | 1 |  | $ | 5 |  | $ | 2 |  | $ | 2 |  |  | $ | 296 |
Lending-related commitments | 14 |  | 50 |  | 9 |  |  | — |  | 1 |  | — |  | 1 |  |  | 75 |
Individually evaluated for impairment: |  |  |  |  |  |  |  |  |  |
Loan balance (b) | $ | — |  | $ | 273 |  | $ | — |  |  | $ | — |  | $ | 13 |  | $ | — |  | $ | — |  |  | $ | 286 |
Allowance for loan losses | — |  | 64 |  | — |  |  | — |  | — |  | — |  | — |  |  | 64 |
(a) Does not include the provision for credit losses related to other financial instruments of $1 million for the quarter ended Sept. 30, 2024. (b) Includes collateral-dependent loans of $286 million with $291 million of collateral value.
Allowance for credit losses activity for the nine months ended Sept. 30, 2025 |  | Other residential mortgages | Capital call financing |  | Total
(in millions) | Commercial | Commercial real estate | Financial institutions |  | Wealth management loans | Wealth management mortgages |
Beginning balance | $ | 20 |  | $ | 315 |  | $ | 19 |  |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 3 |  |  | $ | 366 |
Charge-offs | — |  | (25) |  | — |  |  | — |  | — |  | — |  | — |  |  | (25) |
Recoveries | — |  | 5 |  | — |  |  | — |  | — |  | 2 |  | — |  |  | 7 |
Net (charge-offs) recoveries | — |  | (20) |  | — |  |  | — |  | — |  | 2 |  | — |  |  | (18) |
Provision (a) | (13) |  | (5) |  | 3 |  |  | — |  | — |  | (2) |  | 4 |  |  | (13) |
Ending balance | $ | 7 |  | $ | 290 |  | $ | 22 |  |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 7 |  |  | $ | 335 |
(a) Does not include provision for credit losses related to other financial instruments of $7 million for the nine months ended Sept. 30, 2025.
Allowance for credit losses activity for the nine months ended Sept. 30, 2024 |  | Other residential mortgages | Capital call financing |  | Total
(in millions) | Commercial | Commercial real estate | Financial institutions | Lease financings | Wealth management loans | Wealth management mortgages
Beginning balance | $ | 27 |  | $ | 325 |  | $ | 19 |  | $ | 1 |  | $ | 1 |  | $ | 9 |  | $ | 4 |  | $ | 4 |  |  | $ | 390 |
Charge-offs | — |  | (53) |  | — |  | — |  | — |  | (1) |  | — |  | — |  |  | (54) |
Recoveries | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  |  | — |
Net (charge-offs) | — |  | (53) |  | — |  | — |  | — |  | (1) |  | — |  | — |  |  | (54) |
Provision (a) | 3 |  | 36 |  | 2 |  | (1) |  | — |  | (2) |  | (2) |  | (1) |  |  | 35 |
Ending balance | $ | 30 |  | $ | 308 |  | $ | 21 |  | $ | — |  | $ | 1 |  | $ | 6 |  | $ | 2 |  | $ | 3 |  |  | $ | 371 |
(a) Does not include provision for credit losses related to other financial instruments of $15 million for the nine months ended Sept. 30, 2024. Nonperforming assets The table below presents our nonperforming assets.
Nonperforming assets | Sept. 30, 2025 |  | Dec. 31, 2024
| Recorded investment |  | Recorded investment
| With an allowance | Without an allowance |  |  | With an allowance | Without an allowance |
(in millions) | Total |  | Total
Nonperforming loans: |  |  |  |  |  |  |
Commercial real estate | $ | 125 |  | $ | — |  | $ | 125 |  |  | $ | 104 |  | $ | 39 |  | $ | 143 |
Wealth management mortgages | 9 |  | 8 |  | 17 |  |  | 6 |  | 9 |  | 15 |
Other residential mortgages | 16 |  | — |  | 16 |  |  | 18 |  | 1 |  | 19 |
Total nonperforming loans | 150 |  | 8 |  | 158 |  |  | 128 |  | 49 |  | 177 |
Other assets owned | — |  | 2 |  | 2 |  |  | — |  | 2 |  | 2 |
Total nonperforming assets | $ | 150 |  | $ | 10 |  | $ | 160 |  |  | $ | 128 |  | $ | 51 |  | $ | 179 |
Past due loans The table below presents our past due loans.
Past due loans and still accruing interest | Sept. 30, 2025 |  | Dec. 31, 2024
Days past due |  | Total past due |  | Days past due | Total past due
(in millions) | 30-59 |  | 60-89 | ≥90 |  | 30-59 |  | 60-89 | ≥90
Commercial real estate | $ | 11 |  |  | $ | 42 |  | $ | — |  |  | $ | 53 |  |  | $ | 15 |  |  | $ | — |  | $ | — |  | $ | 15 |
Wealth management loans | 37 |  |  | — |  | — |  |  | 37 |  |  | 47 |  |  | — |  | — |  | 47 |
Other residential mortgages | 13 |  |  | 4 |  | — |  |  | 17 |  |  | 7 |  |  | 1 |  | — |  | 8 |
Wealth management mortgages | — |  |  | 2 |  | — |  |  | 2 |  |  | 34 |  |  | 2 |  | — |  | 36 |
Total past due loans | $ | 61 |  |  | $ | 48 |  | $ | — |  |  | $ | 109 |  |  | $ | 103 |  |  | $ | 3 |  | $ | — |  | $ | 106 |
Loan modifications Modified loans are evaluated to determine whether a modification or restructuring with a borrower experiencing financial difficulty results in principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension. The modification could result in a new loan or a continuation of the existing loan. In the third quarter of 2025, we modified one commercial real estate loan, with a recorded investment of $123 million, by extending the maturity date. We also modified one residential mortgage loan, with a recorded investment of less than $1 million, by extending the maturity date and providing payment modifications. At Sept. 30, 2025, other residential mortgages loans that were modified in the previous 12 months and now past due by more than 90 days totaled less than $1 million. There were no loan modifications in the second quarter of 2025. In the third quarter of 2024, we modified one commercial real estate exposure, with a recorded investment of $42 million, by extending the maturity date. We also modified one residential mortgage loan, with a recorded investment of less than $1 million, by providing payment modifications. Credit quality indicators Our credit strategy is to focus on investment-grade clients that are active users of our non-credit services. Each customer is assigned an internal credit rating, which is mapped to an external rating agency grade equivalent, if possible, based upon a number of dimensions, which are continually evaluated and may change over time. The tables below provide information about the credit profile of the loan portfolio by the period of origination.
Credit profile of the loan portfolio |  |  |  | Sept. 30, 2025
|  |  |  |  |  |  | Revolving loans |  |
| Originated, at amortized cost | Amortized cost | Converted to term loans – Amortized cost |  | Accrued interest receivable
(in millions) | YTD25 | 2024 | 2023 | 2022 | 2021 | Prior to 2021 | Total (a)
Commercial: |  |  |  |  |  |  |  |  |  |
Investment grade | $ | 11 |  | $ | 24 |  | $ | 54 |  | $ | 16 |  | $ | 51 |  | $ | 115 |  | $ | 998 |  | $ | — |  | $ | 1,269 |  |
Non-investment grade | 14 |  | 11 |  | 14 |  | — |  | — |  | — |  | 25 |  | — |  | 64 |  |
Total commercial | 25 |  | 35 |  | 68 |  | 16 |  | 51 |  | 115 |  | 1,023 |  | — |  | 1,333 |  | $ | 1 |
Commercial real estate: (b) |  |  |  |  |  |  |  |  |  |
Investment grade | 503 |  | 461 |  | 616 |  | 748 |  | 301 |  | 1,455 |  | 146 |  | — |  | 4,230 |  |
Non-investment grade | 149 |  | 298 |  | 219 |  | 660 |  | 292 |  | 854 |  | 47 |  | 18 |  | 2,537 |  |
Total commercial real estate | 652 |  | 759 |  | 835 |  | 1,408 |  | 593 |  | 2,309 |  | 193 |  | 18 |  | 6,767 |  | 25 |
Financial institutions: |  |  |  |  |  |  |  |  |  |
Investment grade | 295 |  | 373 |  | 75 |  | 10 |  | 25 |  | 42 |  | 10,404 |  | — |  | 11,224 |  |
Non-investment grade | 53 |  | 50 |  | — |  | — |  | — |  | — |  | 1,711 |  | — |  | 1,814 |  |
Total financial institutions | 348 |  | 423 |  | 75 |  | 10 |  | 25 |  | 42 |  | 12,115 |  | — |  | 13,038 |  | 119 |
Wealth management loans: |  |  |  |  |  |  |  |  |  |
Investment grade | 11 |  | — |  | 29 |  | 26 |  | 51 |  | 91 |  | 8,773 |  | 175 |  | 9,156 |  |
Non-investment grade | — |  | — |  | — |  | — |  | — |  | — |  | 24 |  | — |  | 24 |  |
Total wealth management loans | 11 |  | — |  | 29 |  | 26 |  | 51 |  | 91 |  | 8,797 |  | 175 |  | 9,180 |  | 57 |
Wealth management mortgages (b) | 462 |  | 276 |  | 766 |  | 1,514 |  | 1,747 |  | 3,927 |  | 15 |  | — |  | 8,707 |  | 24 |
Lease financings | — |  | — |  | — |  | — |  | 7 |  | 86 |  | — |  | — |  | 93 |  | — |
Other residential mortgages (b) | 389 |  | 357 |  | 173 |  | 501 |  | 175 |  | 172 |  | — |  | — |  | 1,767 |  | 6 |
Capital call financing | 230 |  | 130 |  | — |  | — |  | — |  | — |  | 4,630 |  | — |  | 4,990 |  | 24 |
Other loans | — |  | — |  | — |  | — |  | — |  | — |  | 3,584 |  | — |  | 3,584 |  | 6 |
Margin loans | 10,452 |  | — |  | — |  | — |  | — |  | — |  | 12,632 |  | — |  | 23,084 |  | 35 |
Total loans | $ | 12,569 |  | $ | 1,980 |  | $ | 1,946 |  | $ | 3,475 |  | $ | 2,649 |  | $ | 6,742 |  | $ | 42,989 |  | $ | 193 |  | $ | 72,543 |  | $ | 297 |
(a) Excludes overdrafts of $2,652 million. Overdrafts occur on a daily basis primarily in the custody and securities clearance business and are generally repaid within two business days. (b) In the first nine months of 2025, the gross write-offs related to commercial real estate loans were $25 million, wealth management mortgages were $1 million, and other residential mortgages were less than $1 million.
Credit profile of the loan portfolio |  |  |  |  | Dec. 31, 2024
|  |  |  |  |  |  | Revolving loans |  |
| Originated, at amortized cost | Amortized cost | Converted to term loans – Amortized cost |  | Accrued interest receivable
(in millions) | 2024 | 2023 | 2022 | 2021 | 2020 | Prior to 2020 | Total (a)
Commercial: |  |  |  |  |  |  |  |  |  |
Investment grade | $ | 41 |  | $ | 69 |  | $ | 20 |  | $ | 55 |  | $ | — |  | $ | 116 |  | $ | 1,010 |  | $ | — |  | $ | 1,311 |  |
Non-investment grade | 14 |  | 29 |  | — |  | 17 |  | — |  | — |  | 49 |  | — |  | 109 |  |
Total commercial | 55 |  | 98 |  | 20 |  | 72 |  | — |  | 116 |  | 1,059 |  | — |  | 1,420 |  | $ | 2 |
Commercial real estate: (b) |  |  |  |  |  |  |  |  |  |
Investment grade | 396 |  | 567 |  | 762 |  | 392 |  | 460 |  | 1,384 |  | 126 |  | — |  | 4,087 |  |
Non-investment grade | 335 |  | 315 |  | 751 |  | 351 |  | 214 |  | 617 |  | 94 |  | 18 |  | 2,695 |  |
Total commercial real estate | 731 |  | 882 |  | 1,513 |  | 743 |  | 674 |  | 2,001 |  | 220 |  | 18 |  | 6,782 |  | 28 |
Financial institutions: |  |  |  |  |  |  |  |  |  |
Investment grade | 491 |  | 370 |  | 20 |  | 26 |  | 42 |  | — |  | 10,363 |  | — |  | 11,312 |  |
Non-investment grade | 131 |  | — |  | 10 |  | — |  | — |  | — |  | 1,714 |  | — |  | 1,855 |  |
Total financial institutions | 622 |  | 370 |  | 30 |  | 26 |  | 42 |  | — |  | 12,077 |  | — |  | 13,167 |  | 157 |
Wealth management loans: |  |  |  |  |  |  |  |  |  |
Investment grade | 3 |  | 29 |  | 33 |  | 110 |  | 33 |  | 109 |  | 8,261 |  | 100 |  | 8,678 |  |
Non-investment grade | — |  | — |  | — |  | — |  | — |  | — |  | 20 |  | — |  | 20 |  |
Total wealth management loans | 3 |  | 29 |  | 33 |  | 110 |  | 33 |  | 109 |  | 8,281 |  | 100 |  | 8,698 |  | 50 |
Wealth management mortgages (b) | 495 |  | 798 |  | 1,585 |  | 1,812 |  | 818 |  | 3,423 |  | 19 |  | — |  | 8,950 |  | 23 |
Lease financings | — |  | — |  | — |  | 10 |  | 31 |  | 562 |  | — |  | — |  | 603 |  | — |
Other residential mortgages (b) | 15 |  | 148 |  | 529 |  | 184 |  | 5 |  | 187 |  | — |  | — |  | 1,068 |  | 4 |
Capital call financing | 91 |  | — |  | — |  | — |  | — |  | — |  | 5,072 |  | — |  | 5,163 |  | 28 |
Other loans | — |  | — |  | — |  | — |  | — |  | — |  | 3,063 |  | — |  | 3,063 |  | 6 |
Margin loans | 7,732 |  | — |  | — |  | — |  | — |  | — |  | 11,405 |  | — |  | 19,137 |  | 38 |
Total loans | $ | 9,744 |  | $ | 2,325 |  | $ | 3,710 |  | $ | 2,957 |  | $ | 1,603 |  | $ | 6,398 |  | $ | 41,196 |  | $ | 118 |  | $ | 68,051 |  | $ | 336 |
(a) Excludes overdrafts of $3,519 million. Overdrafts occur on a daily basis primarily in the custody and securities clearance business and are generally repaid within two business days. (b) The gross write-offs related to commercial real estate loans were $82 million, other residential mortgage loans were $1 million and wealth management mortgage loans were less than $1 million in 2024. Commercial loans The commercial loan portfolio is divided into investment grade and non-investment grade categories based on the assigned internal credit ratings, which are generally consistent with those of the public rating agencies. Customers with ratings consistent with BBB- (S&P)/Baa3 (Moody’s) or better are considered to be investment grade. Those clients with ratings lower than this threshold are considered to be non-investment grade. Commercial real estate Our income-producing commercial real estate facilities are focused on experienced owners and are structured with moderate leverage based on existing cash flows. Our commercial real estate lending activities also include construction and renovation facilities. Financial institutions Financial institution exposures are high quality, with 96% of the exposures meeting the investment grade equivalent criteria of our internal credit rating classification at Sept. 30, 2025. In addition, 66% of the financial institutions exposure is secured. For example, securities industry clients and asset managers often borrow against marketable securities held in custody. The exposure to financial institutions is generally short term, with 82% expiring within one year. Wealth management loans Wealth management loans are not typically rated by external rating agencies. A majority of the wealth management loans are secured by the customers’ investment management accounts or custody accounts. Eligible assets pledged for these loans are typically investment grade fixed-income securities, equities and/or mutual funds. Internal ratings for this portion of the wealth management loan portfolio, therefore, would equate to investment grade external ratings. Wealth management loans are provided to select customers based on the pledge of other types of assets. For the loans collateralized by other assets, the credit quality of the obligor is carefully analyzed, but we do not consider this portion of our wealth management loan portfolio to be investment grade. Wealth management mortgages Credit quality indicators for wealth management mortgages are not correlated to external ratings. Wealth management mortgages are typically loans to high-net-worth individuals, which are secured primarily by residential property. These loans are primarily interest-only, adjustable-rate mortgages with a weighted-average loan-to-value ratio of 61% at origination. Delinquency rate is a key indicator of credit quality in our wealth management portfolio. At Sept. 30, 2025, less than 1% of the mortgages were past due. At Sept. 30, 2025, the wealth management mortgage portfolio consisted of the following geographic concentrations: California – 20%; New York – 14%; Florida – 11%; Massachusetts – 8%; and other – 47%. Lease financings At Sept. 30, 2025, all of the leasing exposure was investment grade, or investment grade equivalent, and concentrated in the U.S. Other residential mortgages The other residential mortgages portfolio primarily consists of 1-4 family residential mortgage loans and totaled $1.8 billion at Sept. 30, 2025 and $1.1 billion at Dec. 31, 2024. These loans are not typically correlated to external ratings. Capital call financing Capital call financing includes loans to private equity funds that are secured by the fund investors’ capital commitments and the funds’ right to call capital. Other loans Other loans primarily include loans to consumers that are fully collateralized with equities, mutual funds and fixed-income securities. Margin loans We had $23.1 billion of secured margin loans at Sept. 30, 2025, compared with $19.1 billion at Dec. 31, 2024. Margin loans are collateralized with marketable securities, and borrowers are required to maintain a daily collateral margin in excess of 100% of the value of the loan. We have rarely suffered a loss on these types of loans. Overdrafts Overdrafts primarily relate to custody and securities clearance clients and totaled $2.7 billion at Sept. 30, 2025 and $3.5 billion at Dec. 31, 2024. Overdrafts occur on a daily basis and are generally repaid within two business days. Reverse repurchase agreements Reverse repurchase agreements at Sept. 30, 2025 and Dec. 31, 2024 were fully secured with high-quality collateral. As a result, there was no allowance for credit losses related to these assets at Sept. 30, 2025 and Dec. 31, 2024.

X
- Definition The entire disclosure for financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481933/310-10-55-12A Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 44 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-44 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-20/tableOfContent + Details
Name: | us-gaap_FinancingReceivablesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration