XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.24.3

Loans and leases and the allowance for credit losses (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Receivables [Abstract] |
Summary of Current, Past Due and Nonaccrual Loans | A summary of current, past due and nonaccrual loans as of September 30, 2024 and December 31, 2023 follows:
(Dollars in millions) | Current |  | 30-89 Days Past Due |  | Accruing Loans Past Due 90 Days or More |  | Nonaccrual |  | Total
September 30, 2024 |  |  |  |  |  |  |  |  |
Commercial and industrial | $ | 59,926 |  |  | $ | 265 |  |  | $ | 11 |  |  | $ | 810 |  |  | $ | 61,012 |
Real estate: |  |  |  |  |  |  |  |  |
Commercial (a) | 21,560 |  |  | 231 |  |  | 2 |  |  | 578 |  |  | 22,371 |
Residential builder and developer | 981 |  |  | 9 |  |  | — |  |  | 2 |  |  | 992 |
Other commercial construction | 5,123 |  |  | 113 |  |  | — |  |  | 84 |  |  | 5,320 |
Residential (b) | 21,042 |  |  | 667 |  |  | 268 |  |  | 219 |  |  | 22,196 |
Residential — limited documentation | 737 |  |  | 29 |  |  | — |  |  | 57 |  |  | 823 |
Consumer: |  |  |  |  |  |  |  |  |
Home equity lines and loans | 4,464 |  |  | 30 |  |  | — |  |  | 82 |  |  | 4,576 |
Recreational finance | 11,621 |  |  | 90 |  |  | — |  |  | 28 |  |  | 11,739 |
Automobile | 4,680 |  |  | 52 |  |  | — |  |  | 11 |  |  | 4,743 |
Other | 2,066 |  |  | 20 |  |  | 7 |  |  | 55 |  |  | 2,148 |
Total | $ | 132,200 |  |  | $ | 1,506 |  |  | $ | 288 |  |  | $ | 1,926 |  |  | $ | 135,920 |
December 31, 2023 |
Commercial and industrial | $ | 56,091 |  |  | $ | 238 |  |  | $ | 11 |  |  | $ | 670 |  |  | $ | 57,010 |
Real estate: |  |  |  |  |  |  |  |  |
Commercial (a) | 24,072 |  |  | 311 |  |  | 25 |  |  | 869 |  |  | 25,277 |
Residential builder and developer | 1,065 |  |  | 5 |  |  | — |  |  | 3 |  |  | 1,073 |
Other commercial construction | 6,322 |  |  | 159 |  |  | 1 |  |  | 171 |  |  | 6,653 |
Residential (b) | 21,080 |  |  | 763 |  |  | 295 |  |  | 215 |  |  | 22,353 |
Residential — limited documentation | 825 |  |  | 31 |  |  | — |  |  | 55 |  |  | 911 |
Consumer: |  |  |  |  |  |  |  |  |
Home equity lines and loans | 4,528 |  |  | 40 |  |  | — |  |  | 81 |  |  | 4,649 |
Recreational finance | 9,935 |  |  | 87 |  |  | — |  |  | 36 |  |  | 10,058 |
Automobile | 3,918 |  |  | 60 |  |  | — |  |  | 14 |  |  | 3,992 |
Other | 2,003 |  |  | 30 |  |  | 7 |  |  | 52 |  |  | 2,092 |
Total | $ | 129,839 |  |  | $ | 1,724 |  |  | $ | 339 |  |  | $ | 2,166 |  |  | $ | 134,068 |
_______________________________________________________________ (a)Commercial real estate loans held for sale were $716 million at September 30, 2024 and $189 million at December 31, 2023. (b)One-to-four family residential mortgage loans held for sale were $242 million at September 30, 2024 and $190 million at December 31, 2023.
Summary of Loan grades applied various classes of Commercial and Real Estate Loans | The following table summarizes the loan grades applied at September 30, 2024 to the various classes of the Company’s commercial and industrial loans and commercial real estate loans and gross charge-offs for those types of loans for the three-month and nine-month periods ended September 30, 2024 by origination year.
| Term Loans by Origination Year |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
(Dollars in millions) | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  |  |
Commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 6,885 |  |  | $ | 7,018 |  |  | $ | 6,491 |  |  | $ | 3,825 |  |  | $ | 1,802 |  |  | $ | 5,440 |  |  | $ | 25,290 |  |  | $ | 78 |  |  | $ | 56,829 |
Criticized accrual | 128 |  |  | 400 |  |  | 419 |  |  | 218 |  |  | 122 |  |  | 641 |  |  | 1,408 |  |  | 37 |  |  | 3,373 |
Criticized nonaccrual | 7 |  |  | 56 |  |  | 82 |  |  | 46 |  |  | 67 |  |  | 274 |  |  | 260 |  |  | 18 |  |  | 810 |
Total commercial and industrial | $ | 7,020 |  |  | $ | 7,474 |  |  | $ | 6,992 |  |  | $ | 4,089 |  |  | $ | 1,991 |  |  | $ | 6,355 |  |  | $ | 26,958 |  |  | $ | 133 |  |  | $ | 61,012 |
Gross charge-offs three months ended September 30, 2024 | $ | 3 |  |  | $ | 10 |  |  | $ | 25 |  |  | $ | 4 |  |  | $ | 2 |  |  | $ | 8 |  |  | $ | 12 |  |  | $ | — |  |  | $ | 64 |
Gross charge-offs nine months ended September 30, 2024 | $ | 4 |  |  | $ | 24 |  |  | $ | 44 |  |  | $ | 19 |  |  | $ | 12 |  |  | $ | 22 |  |  | $ | 95 |  |  | $ | — |  |  | $ | 220 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 1,003 |  |  | $ | 1,648 |  |  | $ | 1,296 |  |  | $ | 1,190 |  |  | $ | 1,861 |  |  | $ | 10,308 |  |  | $ | 383 |  |  | $ | — |  |  | $ | 17,689 |
Criticized accrual | 5 |  |  | 308 |  |  | 752 |  |  | 323 |  |  | 648 |  |  | 2,044 |  |  | 24 |  |  | — |  |  | 4,104 |
Criticized nonaccrual | — |  |  | 1 |  |  | 51 |  |  | 32 |  |  | 36 |  |  | 457 |  |  | 1 |  |  | — |  |  | 578 |
Total commercial real estate | $ | 1,008 |  |  | $ | 1,957 |  |  | $ | 2,099 |  |  | $ | 1,545 |  |  | $ | 2,545 |  |  | $ | 12,809 |  |  | $ | 408 |  |  | $ | — |  |  | $ | 22,371 |
Gross charge-offs three months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 24 |  |  | $ | — |  |  | $ | — |  |  | $ | 24 |
Gross charge-offs nine months ended September 30, 2024 | $ | — |  |  | $ | 4 |  |  | $ | — |  |  | $ | — |  |  | $ | 5 |  |  | $ | 67 |  |  | $ | — |  |  | $ | — |  |  | $ | 76 |
Residential builder and developer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 333 |  |  | $ | 323 |  |  | $ | 78 |  |  | $ | 19 |  |  | $ | 4 |  |  | $ | 11 |  |  | $ | 101 |  |  | $ | — |  |  | $ | 869 |
Criticized accrual | 9 |  |  | 43 |  |  | 46 |  |  | 6 |  |  | — |  |  | 16 |  |  | 1 |  |  | — |  |  | 121 |
Criticized nonaccrual | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |  |  | — |  |  | — |  |  | 2 |
Total residential builder and developer | $ | 342 |  |  | $ | 366 |  |  | $ | 124 |  |  | $ | 26 |  |  | $ | 4 |  |  | $ | 28 |  |  | $ | 102 |  |  | $ | — |  |  | $ | 992 |
Gross charge-offs three months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Gross charge-offs nine months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |
Other commercial construction: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 68 |  |  | $ | 1,290 |  |  | $ | 1,213 |  |  | $ | 283 |  |  | $ | 161 |  |  | $ | 339 |  |  | $ | 46 |  |  | $ | — |  |  | $ | 3,400 |
Criticized accrual | 19 |  |  | 87 |  |  | 673 |  |  | 454 |  |  | 311 |  |  | 284 |  |  | 8 |  |  | — |  |  | 1,836 |
Criticized nonaccrual | — |  |  | — |  |  | 5 |  |  | 9 |  |  | 49 |  |  | 21 |  |  | — |  |  | — |  |  | 84 |
Total other commercial construction | $ | 87 |  |  | $ | 1,377 |  |  | $ | 1,891 |  |  | $ | 746 |  |  | $ | 521 |  |  | $ | 644 |  |  | $ | 54 |  |  | $ | — |  |  | $ | 5,320 |
Gross charge-offs three months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Gross charge-offs nine months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 10 |  |  | $ | 2 |  |  | $ | — |  |  | $ | 14 |
The following table summarizes the loan grades applied at December 31, 2023 to the various classes of the Company’s commercial and industrial loans and commercial real estate loans by origination year.
| Term Loans by Origination Year |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  |
(Dollars in millions) | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  |  |  | Total
Commercial and industrial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 8,689 |  |  | $ | 8,087 |  |  | $ | 4,800 |  |  | $ | 2,248 |  |  | $ | 2,169 |  |  | $ | 4,843 |  |  | $ | 22,345 |  |  | $ | 70 |  |  | $ | 53,251 |
Criticized accrual | 292 |  |  | 279 |  |  | 277 |  |  | 142 |  |  | 127 |  |  | 481 |  |  | 1,460 |  |  | 31 |  |  | 3,089 |
Criticized nonaccrual | 29 |  |  | 68 |  |  | 56 |  |  | 75 |  |  | 36 |  |  | 150 |  |  | 243 |  |  | 13 |  |  | 670 |
Total commercial and industrial | $ | 9,010 |  |  | $ | 8,434 |  |  | $ | 5,133 |  |  | $ | 2,465 |  |  | $ | 2,332 |  |  | $ | 5,474 |  |  | $ | 24,048 |  |  | $ | 114 |  |  | $ | 57,010 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 2,048 |  |  | $ | 1,742 |  |  | $ | 1,367 |  |  | $ | 2,011 |  |  | $ | 3,059 |  |  | $ | 8,491 |  |  | $ | 440 |  |  | $ | — |  |  | $ | 19,158 |
Criticized accrual | 227 |  |  | 891 |  |  | 465 |  |  | 456 |  |  | 966 |  |  | 2,238 |  |  | 7 |  |  | — |  |  | 5,250 |
Criticized nonaccrual | — |  |  | 46 |  |  | 3 |  |  | 113 |  |  | 93 |  |  | 611 |  |  | 3 |  |  | — |  |  | 869 |
Total commercial real estate | $ | 2,275 |  |  | $ | 2,679 |  |  | $ | 1,835 |  |  | $ | 2,580 |  |  | $ | 4,118 |  |  | $ | 11,340 |  |  | $ | 450 |  |  | $ | — |  |  | $ | 25,277 |
Residential builder and developer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 530 |  |  | $ | 252 |  |  | $ | 41 |  |  | $ | 6 |  |  | $ | 2 |  |  | $ | 12 |  |  | $ | 116 |  |  | $ | — |  |  | $ | 959 |
Criticized accrual | 1 |  |  | 18 |  |  | 30 |  |  | — |  |  | 59 |  |  | — |  |  | 3 |  |  | — |  |  | 111 |
Criticized nonaccrual | — |  |  | — |  |  | 3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3 |
Total residential builder and developer | $ | 531 |  |  | $ | 270 |  |  | $ | 74 |  |  | $ | 6 |  |  | $ | 61 |  |  | $ | 12 |  |  | $ | 119 |  |  | $ | — |  |  | $ | 1,073 |
Other commercial construction: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass | $ | 813 |  |  | $ | 1,366 |  |  | $ | 651 |  |  | $ | 373 |  |  | $ | 646 |  |  | $ | 187 |  |  | $ | 30 |  |  | $ | — |  |  | $ | 4,066 |
Criticized accrual | 53 |  |  | 391 |  |  | 390 |  |  | 691 |  |  | 565 |  |  | 326 |  |  | — |  |  | — |  |  | 2,416 |
Criticized nonaccrual | — |  |  | 14 |  |  | 10 |  |  | 46 |  |  | 50 |  |  | 49 |  |  | 2 |  |  | — |  |  | 171 |
Total other commercial construction | $ | 866 |  |  | $ | 1,771 |  |  | $ | 1,051 |  |  | $ | 1,110 |  |  | $ | 1,261 |  |  | $ | 562 |  |  | $ | 32 |  |  | $ | — |  |  | $ | 6,653 |
Summary of loans in Accrual and Nonaccrual Status | A summary of loans in accrual and nonaccrual status at September 30, 2024 for the various classes of the Company’s residential real estate loans and consumer loans and gross charge-offs for those types of loans for the three-month and nine-month periods ended September 30, 2024 by origination year follows:
| Term Loans by Origination Year |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
(Dollars in millions) | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  |  |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | 1,550 |  |  | $ | 1,415 |  |  | $ | 4,481 |  |  | $ | 3,559 |  |  | $ | 2,427 |  |  | $ | 7,510 |  |  | $ | 100 |  |  | $ | — |  |  | $ | 21,042 |
30-89 days past due | 17 |  |  | 10 |  |  | 114 |  |  | 76 |  |  | 35 |  |  | 415 |  |  | — |  |  | — |  |  | 667 |
Accruing loans past due 90 days or more | — |  |  | 8 |  |  | 29 |  |  | 29 |  |  | 18 |  |  | 184 |  |  | — |  |  | — |  |  | 268 |
Nonaccrual | — |  |  | 2 |  |  | 27 |  |  | 15 |  |  | 3 |  |  | 169 |  |  | 3 |  |  | — |  |  | 219 |
Total residential | $ | 1,567 |  |  | $ | 1,435 |  |  | $ | 4,651 |  |  | $ | 3,679 |  |  | $ | 2,483 |  |  | $ | 8,278 |  |  | $ | 103 |  |  | $ | — |  |  | $ | 22,196 |
Gross charge-offs three months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |
Gross charge-offs nine months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 4 |  |  | $ | — |  |  | $ | — |  |  | $ | 4 |
Residential - limited documentation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 737 |  |  | $ | — |  |  | $ | — |  |  | $ | 737 |
30-89 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 29 |  |  | — |  |  | — |  |  | 29 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Nonaccrual | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 57 |  |  | — |  |  | — |  |  | 57 |
Total residential - limited documentation | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 823 |  |  | $ | — |  |  | $ | — |  |  | $ | 823 |
Gross charge-offs three months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Gross charge-offs nine months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Home equity lines and loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | 95 |  |  | $ | 3,038 |  |  | $ | 1,327 |  |  | $ | 4,464 |
30-89 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2 |  |  | — |  |  | 28 |  |  | 30 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Nonaccrual | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3 |  |  | — |  |  | 79 |  |  | 82 |
Total home equity lines and loans | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | 100 |  |  | $ | 3,038 |  |  | $ | 1,434 |  |  | $ | 4,576 |
Gross charge-offs three months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |  |  | $ | 1 |
Gross charge-offs nine months ended September 30, 2024 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3 |  |  | $ | 3 |
Recreational finance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | 3,153 |  |  | $ | 2,219 |  |  | $ | 2,026 |  |  | $ | 1,609 |  |  | $ | 1,102 |  |  | $ | 1,512 |  |  | $ | — |  |  | $ | — |  |  | $ | 11,621 |
30-89 days past due | 8 |  |  | 17 |  |  | 14 |  |  | 16 |  |  | 14 |  |  | 21 |  |  | — |  |  | — |  |  | 90 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Nonaccrual | 1 |  |  | 5 |  |  | 5 |  |  | 5 |  |  | 4 |  |  | 8 |  |  | — |  |  | — |  |  | 28 |
Total recreational finance | $ | 3,162 |  |  | $ | 2,241 |  |  | $ | 2,045 |  |  | $ | 1,630 |  |  | $ | 1,120 |  |  | $ | 1,541 |  |  | $ | — |  |  | $ | — |  |  | $ | 11,739 |
Gross charge-offs three months ended September 30, 2024 | $ | 3 |  |  | $ | 5 |  |  | $ | 6 |  |  | $ | 4 |  |  | $ | 4 |  |  | $ | 6 |  |  | $ | — |  |  | $ | — |  |  | $ | 28 |
Gross charge-offs nine months ended September 30, 2024 | $ | 4 |  |  | $ | 12 |  |  | $ | 17 |  |  | $ | 14 |  |  | $ | 11 |  |  | $ | 18 |  |  | $ | — |  |  | $ | — |  |  | $ | 76 |
Automobile: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | 1,875 |  |  | $ | 856 |  |  | $ | 826 |  |  | $ | 729 |  |  | $ | 267 |  |  | $ | 127 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,680 |
30-89 days past due | 7 |  |  | 11 |  |  | 13 |  |  | 11 |  |  | 5 |  |  | 5 |  |  | — |  |  | — |  |  | 52 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Nonaccrual | 1 |  |  | 2 |  |  | 2 |  |  | 3 |  |  | 1 |  |  | 2 |  |  | — |  |  | — |  |  | 11 |
Total automobile | $ | 1,883 |  |  | $ | 869 |  |  | $ | 841 |  |  | $ | 743 |  |  | $ | 273 |  |  | $ | 134 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,743 |
Gross charge-offs three months ended September 30, 2024 | $ | 1 |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | 1 |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 7 |
Gross charge-offs nine months ended September 30, 2024 | $ | 1 |  |  | $ | 6 |  |  | $ | 6 |  |  | $ | 5 |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | — |  |  | $ | — |  |  | $ | 22 |
Other: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | 205 |  |  | $ | 168 |  |  | $ | 121 |  |  | $ | 81 |  |  | $ | 18 |  |  | $ | 20 |  |  | $ | 1,452 |  |  | $ | 1 |  |  | $ | 2,066 |
30-89 days past due | 3 |  |  | 2 |  |  | 2 |  |  | 1 |  |  | — |  |  | — |  |  | 11 |  |  | 1 |  |  | 20 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7 |  |  | — |  |  | 7 |
Nonaccrual | 2 |  |  | 1 |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 51 |  |  | — |  |  | 55 |
Total other | $ | 210 |  |  | $ | 171 |  |  | $ | 124 |  |  | $ | 82 |  |  | $ | 18 |  |  | $ | 20 |  |  | $ | 1,521 |  |  | $ | 2 |  |  | $ | 2,148 |
Gross charge-offs three months ended September 30, 2024 | $ | 5 |  |  | $ | 3 |  |  | $ | 2 |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | 18 |  |  | $ | — |  |  | $ | 29 |
Gross charge-offs nine months ended September 30, 2024 | $ | 10 |  |  | $ | 9 |  |  | $ | 7 |  |  | $ | 4 |  |  | $ | 1 |  |  | $ | 2 |  |  | $ | 47 |  |  | $ | — |  |  | $ | 80 |
Total loans and leases at September 30, 2024 | $ | 15,279 |  |  | $ | 15,890 |  |  | $ | 18,767 |  |  | $ | 12,542 |  |  | $ | 8,957 |  |  | $ | 30,732 |  |  | $ | 32,184 |  |  | $ | 1,569 |  |  | $ | 135,920 |
Total gross charge-offs for the three months ended September 30, 2024 | $ | 12 |  |  | $ | 20 |  |  | $ | 35 |  |  | $ | 10 |  |  | $ | 7 |  |  | $ | 39 |  |  | $ | 30 |  |  | $ | 1 |  |  | $ | 154 |
Total gross charge-offs for the nine months ended September 30, 2024 | $ | 19 |  |  | $ | 55 |  |  | $ | 76 |  |  | $ | 42 |  |  | $ | 31 |  |  | $ | 127 |  |  | $ | 144 |  |  | $ | 3 |  |  | $ | 497 |
A summary of loans in accrual and nonaccrual status at December 31, 2023 for the various classes of the Company’s residential real estate loans and consumer loans by origination year follows:
| Term Loans by Origination Year |  | Revolving Loans |  | Revolving Loans Converted to Term Loans |  | Total
(Dollars in millions) | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  |  |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | 1,726 |  |  | $ | 4,709 |  |  | $ | 3,732 |  |  | $ | 2,543 |  |  | $ | 1,215 |  |  | $ | 7,060 |  |  | $ | 95 |  |  | $ | — |  |  | $ | 21,080 |
30-89 days past due | 18 |  |  | 120 |  |  | 88 |  |  | 52 |  |  | 28 |  |  | 457 |  |  | — |  |  | — |  |  | 763 |
Accruing loans past due 90 days or more | 1 |  |  | 30 |  |  | 28 |  |  | 17 |  |  | 14 |  |  | 205 |  |  | — |  |  | — |  |  | 295 |
Nonaccrual | 1 |  |  | 17 |  |  | 10 |  |  | 3 |  |  | 4 |  |  | 179 |  |  | 1 |  |  | — |  |  | 215 |
Total residential | $ | 1,746 |  |  | $ | 4,876 |  |  | $ | 3,858 |  |  | $ | 2,615 |  |  | $ | 1,261 |  |  | $ | 7,901 |  |  | $ | 96 |  |  | $ | — |  |  | $ | 22,353 |
Residential - limited documentation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 825 |  |  | $ | — |  |  | $ | — |  |  | $ | 825 |
30-89 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 31 |  |  | — |  |  | — |  |  | 31 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Nonaccrual | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 55 |  |  | — |  |  | — |  |  | 55 |
Total residential - limited documentation | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 911 |  |  | $ | — |  |  | $ | — |  |  | $ | 911 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Home equity lines and loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | — |  |  | $ | — |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | 13 |  |  | $ | 98 |  |  | $ | 3,022 |  |  | $ | 1,391 |  |  | $ | 4,528 |
30-89 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3 |  |  | — |  |  | 37 |  |  | 40 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Nonaccrual | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5 |  |  | 3 |  |  | 73 |  |  | 81 |
Total home equity lines and loans | $ | — |  |  | $ | — |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | 13 |  |  | $ | 106 |  |  | $ | 3,025 |  |  | $ | 1,501 |  |  | $ | 4,649 |
Recreational finance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | 2,653 |  |  | $ | 2,338 |  |  | $ | 1,857 |  |  | $ | 1,286 |  |  | $ | 781 |  |  | $ | 1,020 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,935 |
30-89 days past due | 11 |  |  | 16 |  |  | 19 |  |  | 14 |  |  | 11 |  |  | 16 |  |  | — |  |  | — |  |  | 87 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Nonaccrual | 3 |  |  | 5 |  |  | 8 |  |  | 6 |  |  | 5 |  |  | 9 |  |  | — |  |  | — |  |  | 36 |
Total recreational finance | $ | 2,667 |  |  | $ | 2,359 |  |  | $ | 1,884 |  |  | $ | 1,306 |  |  | $ | 797 |  |  | $ | 1,045 |  |  | $ | — |  |  | $ | — |  |  | $ | 10,058 |
Automobile: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | 1,063 |  |  | $ | 1,096 |  |  | $ | 1,047 |  |  | $ | 427 |  |  | $ | 198 |  |  | $ | 87 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,918 |
30-89 days past due | 8 |  |  | 15 |  |  | 17 |  |  | 9 |  |  | 6 |  |  | 5 |  |  | — |  |  | — |  |  | 60 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Nonaccrual | 2 |  |  | 3 |  |  | 3 |  |  | 2 |  |  | 2 |  |  | 2 |  |  | — |  |  | — |  |  | 14 |
Total automobile | $ | 1,073 |  |  | $ | 1,114 |  |  | $ | 1,067 |  |  | $ | 438 |  |  | $ | 206 |  |  | $ | 94 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,992 |
Other: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | 250 |  |  | $ | 176 |  |  | $ | 118 |  |  | $ | 33 |  |  | $ | 13 |  |  | $ | 18 |  |  | $ | 1,392 |  |  | $ | 3 |  |  | $ | 2,003 |
30-89 days past due | 3 |  |  | 3 |  |  | 2 |  |  | — |  |  | — |  |  | 1 |  |  | 20 |  |  | 1 |  |  | 30 |
Accruing loans past due 90 days or more | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7 |  |  | — |  |  | 7 |
Nonaccrual | 2 |  |  | 1 |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 48 |  |  | — |  |  | 52 |
Total other | $ | 255 |  |  | $ | 180 |  |  | $ | 121 |  |  | $ | 33 |  |  | $ | 13 |  |  | $ | 19 |  |  | $ | 1,467 |  |  | $ | 4 |  |  | $ | 2,092 |
Total loans and leases at December 31, 2023 | $ | 18,423 |  |  | $ | 21,683 |  |  | $ | 15,025 |  |  | $ | 10,555 |  |  | $ | 10,062 |  |  | $ | 27,464 |  |  | $ | 29,237 |  |  | $ | 1,619 |  |  | $ | 134,068 |
Changes in Allowance for Credit Losses | Changes in the allowance for credit losses for the three months ended September 30, 2024 and 2023 were as follows:
| Commercial and Industrial |  | Real Estate |  |  |  |
(Dollars in millions) |  | Commercial |  | Residential |  | Consumer |  | Total
Three Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |
Beginning balance | $ | 790 |  |  | $ | 658 |  |  | $ | 110 |  |  | $ | 646 |  |  | $ | 2,204 |
Provision for credit losses | 52 |  |  | 1 |  |  | (5) |  |  | 72 |  |  | 120 |
Net charge-offs: |  |  |  |  |  |  |  |  |
Charge-offs | (64) |  |  | (24) |  |  | (1) |  |  | (65) |  |  | (154) |
Recoveries | 14 |  |  | 4 |  |  | 1 |  |  | 15 |  |  | 34 |
Net charge-offs | (50) |  |  | (20) |  |  | — |  |  | (50) |  |  | (120) |
Ending balance | $ | 792 |  |  | $ | 639 |  |  | $ | 105 |  |  | $ | 668 |  |  | $ | 2,204 |
Three Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |
Beginning balance | $ | 583 |  |  | $ | 694 |  |  | $ | 118 |  |  | $ | 603 |  |  | $ | 1,998 |
Provision for credit losses | 40 |  |  | 79 |  |  | (3) |  |  | 34 |  |  | 150 |
Net charge-offs: |  |  |  |  |  |  |  |  |
Charge-offs | (26) |  |  | (52) |  |  | (1) |  |  | (43) |  |  | (122) |
Recoveries | 7 |  |  | 5 |  |  | — |  |  | 14 |  |  | 26 |
Net charge-offs | (19) |  |  | (47) |  |  | (1) |  |  | (29) |  |  | (96) |
Ending balance | $ | 604 |  |  | $ | 726 |  |  | $ | 114 |  |  | $ | 608 |  |  | $ | 2,052 |
Changes in the allowance for credit losses for the nine months ended September 30, 2024 and 2023 were as follows:
| Commercial and Industrial |  | Real Estate |  |  |  |
(Dollars in millions) |  | Commercial |  | Residential |  | Consumer |  | Total
Nine Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |
Beginning balance | $ | 620 |  |  | $ | 764 |  |  | $ | 116 |  |  | $ | 629 |  |  | $ | 2,129 |
Provision for credit losses | 365 |  |  | (60) |  |  | (11) |  |  | 176 |  |  | 470 |
Net charge-offs: |  |  |  |  |  |  |  |  |
Charge-offs | (220) |  |  | (92) |  |  | (4) |  |  | (181) |  |  | (497) |
Recoveries | 27 |  |  | 27 |  |  | 4 |  |  | 44 |  |  | 102 |
Net charge-offs | (193) |  |  | (65) |  |  | — |  |  | (137) |  |  | (395) |
Ending balance | $ | 792 |  |  | $ | 639 |  |  | $ | 105 |  |  | $ | 668 |  |  | $ | 2,204 |
Nine Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |
Beginning balance | $ | 568 |  |  | $ | 611 |  |  | $ | 115 |  |  | $ | 631 |  |  | $ | 1,925 |
Provision for credit losses | 73 |  |  | 287 |  |  | (1) |  |  | 61 |  |  | 420 |
Net charge-offs: |  |  |  |  |  |  |  |  |
Charge-offs | (70) |  |  | (180) |  |  | (4) |  |  | (125) |  |  | (379) |
Recoveries | 33 |  |  | 8 |  |  | 4 |  |  | 41 |  |  | 86 |
Net charge-offs | (37) |  |  | (172) |  |  | — |  |  | (84) |  |  | (293) |
Ending balance | $ | 604 |  |  | $ | 726 |  |  | $ | 114 |  |  | $ | 608 |  |  | $ | 2,052 |
Loan and Leases Considered Nonaccrual and Interest Income Recognized on Loans | Information with respect to loans and leases that were considered nonaccrual at the beginning and end of the reporting period and the interest income recognized on such loans for the three-month and nine-month periods ended September 30, 2024 and 2023 follows:
| Amortized Cost with Allowance |  | Amortized Cost without Allowance |  | Total |  | Amortized Cost |  | Interest Income Recognized
(Dollars in millions) | September 30, 2024 |  | June 30, 2024 |  | January 1, 2024 |  | Three Months Ended September 30, 2024 |  | Nine Months Ended September 30, 2024
Commercial and industrial | $ | 610 |  |  | $ | 200 |  |  | $ | 810 |  |  | $ | 805 |  |  | $ | 670 |  |  | $ | 5 |  |  | $ | 14 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial | 348 |  |  | 230 |  |  | 578 |  |  | 707 |  |  | 869 |  |  | 5 |  |  | 31 |
Residential builder and developer | 2 |  |  | — |  |  | 2 |  |  | 2 |  |  | 3 |  |  | 1 |  |  | 1 |
Other commercial construction | 21 |  |  | 63 |  |  | 84 |  |  | 77 |  |  | 171 |  |  | — |  |  | 3 |
Residential | 113 |  |  | 106 |  |  | 219 |  |  | 205 |  |  | 215 |  |  | 4 |  |  | 10 |
Residential — limited documentation | 22 |  |  | 35 |  |  | 57 |  |  | 55 |  |  | 55 |  |  | — |  |  | 1 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |
Home equity lines and loans | 39 |  |  | 43 |  |  | 82 |  |  | 79 |  |  | 81 |  |  | 2 |  |  | 4 |
Recreational finance | 17 |  |  | 11 |  |  | 28 |  |  | 25 |  |  | 36 |  |  | — |  |  | — |
Automobile | 8 |  |  | 3 |  |  | 11 |  |  | 11 |  |  | 14 |  |  | — |  |  | — |
Other | 55 |  |  | — |  |  | 55 |  |  | 58 |  |  | 52 |  |  | — |  |  | — |
Total | $ | 1,235 |  |  | $ | 691 |  |  | $ | 1,926 |  |  | $ | 2,024 |  |  | $ | 2,166 |  |  | $ | 17 |  |  | $ | 64 |
(Dollars in millions) | September 30, 2023 |  | June 30, 2023 |  | January 1, 2023 |  | Three Months Ended September 30, 2023 |  | Nine Months Ended September 30, 2023
Commercial and industrial | $ | 366 |  |  | $ | 300 |  |  | $ | 666 |  |  | $ | 607 |  |  | $ | 504 |  |  | $ | 7 |  |  | $ | 13 |
Real estate: |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial | 417 |  |  | 638 |  |  | 1,055 |  |  | 1,192 |  |  | 1,240 |  |  | 9 |  |  | 18 |
Residential builder and developer | 3 |  |  | — |  |  | 3 |  |  | 1 |  |  | 1 |  |  | — |  |  | — |
Other commercial construction | 4 |  |  | 132 |  |  | 136 |  |  | 146 |  |  | 125 |  |  | — |  |  | 2 |
Residential | 91 |  |  | 150 |  |  | 241 |  |  | 239 |  |  | 272 |  |  | 3 |  |  | 12 |
Residential — limited documentation | 22 |  |  | 40 |  |  | 62 |  |  | 67 |  |  | 78 |  |  | 1 |  |  | 1 |
Consumer: |  |  |  |  |  |  |  |  |  |  |  |  |
Home equity lines and loans | 48 |  |  | 30 |  |  | 78 |  |  | 77 |  |  | 85 |  |  | 2 |  |  | 6 |
Recreational finance | 21 |  |  | 10 |  |  | 31 |  |  | 32 |  |  | 45 |  |  | — |  |  | — |
Automobile | 12 |  |  | 4 |  |  | 16 |  |  | 22 |  |  | 40 |  |  | — |  |  | — |
Other | 54 |  |  | — |  |  | 54 |  |  | 53 |  |  | 49 |  |  | — |  |  | — |
Total | $ | 1,038 |  |  | $ | 1,304 |  |  | $ | 2,342 |  |  | $ | 2,436 |  |  | $ | 2,439 |  |  | $ | 22 |  |  | $ | 52 |
Loan Modification Activities to Borrowers Experiencing Financial Difficulty on Financing Receivables | The tables that follow summarize the Company’s loan modification activities to borrowers experiencing financial difficulty for the three-month and nine-month periods ended September 30, 2024 and 2023:
| Amortized cost at September 30, 2024
(Dollars in millions) | Term Extension |  | Other (a) |  | Combination of Modification Types (b) |  | Total (c) (d) |  | Percent of Total Loan Class
Three Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |
Commercial and industrial | $ | 92 |  |  | $ | 23 |  |  | $ | 2 |  |  | $ | 117 |  |  | .19 | %
Real estate: |  |  |  |  |  |  |  |  |
Commercial | 163 |  |  | 1 |  |  | — |  |  | 164 |  |  | .73 |
Residential builder and developer | 2 |  |  | — |  |  | — |  |  | 2 |  |  | .17 |
Other commercial construction | 2 |  |  | — |  |  | — |  |  | 2 |  |  | .03 |
Residential | 34 |  |  | 4 |  |  | 4 |  |  | 42 |  |  | .19 |
Residential — limited documentation | 2 |  |  | 1 |  |  | — |  |  | 3 |  |  | .41 |
Consumer: |  |  |  |  |  |  |  |  |
Home equity lines and loans | — |  |  | — |  |  | — |  |  | — |  |  | — |
Recreational finance | — |  |  | — |  |  | — |  |  | — |  |  | — |
Automobile | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 295 |  |  | $ | 29 |  |  | $ | 6 |  |  | $ | 330 |  |  | .24 | %
Nine Months Ended September 30, 2024 |  |  |  |  |  |  |  |  |
Commercial and industrial | $ | 190 |  |  | $ | 78 |  |  | $ | 2 |  |  | $ | 270 |  |  | .44 | %
Real estate: |  |  |  |  |  |  |  |  |
Commercial | 420 |  |  | 1 |  |  | 4 |  |  | 425 |  |  | 1.90 |
Residential builder and developer | 13 |  |  | — |  |  | — |  |  | 13 |  |  | 1.27 |
Other commercial construction | 139 |  |  | — |  |  | — |  |  | 139 |  |  | 2.62 |
Residential | 123 |  |  | 10 |  |  | 6 |  |  | 139 |  |  | .63 |
Residential — limited documentation | 5 |  |  | 2 |  |  | — |  |  | 7 |  |  | .86 |
Consumer: |  |  |  |  |  |  |  |  |
Home equity lines and loans | 1 |  |  | — |  |  | 1 |  |  | 2 |  |  | .04 |
Recreational finance | 1 |  |  | — |  |  | — |  |  | 1 |  |  | .01 |
Automobile | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 892 |  |  | $ | 91 |  |  | $ | 13 |  |  | $ | 996 |  |  | .73 | %
_______________________________________________________________ (a)Predominantly payment deferrals. (b)Predominantly term extensions combined with interest rate reductions. (c)Includes approximately $33 million and $117 million of loans guaranteed by government-related entities (predominantly first lien residential mortgage loans) for the three-month and nine-month periods ended September 30, 2024, respectively. (d)Excludes unfunded commitments to extend credit totaling $8 million and $43 million for the three-month and nine-month periods ended September 30, 2024, respectively.
| Amortized cost at September 30, 2023
(Dollars in millions) | Term Extension |  | Other (a) |  | Combination of Modification Types (b) |  | Total (c) (d) |  | Percent of Total Loan Class
Three Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |
Commercial and industrial | $ | 40 |  |  | $ | — |  |  | $ | 1 |  |  | $ | 41 |  |  | .07 | %
Real estate: |  |  |  |  |  |  |  |  |
Commercial | 272 |  |  | — |  |  | 6 |  |  | 278 |  |  | 1.07 |
Residential builder and developer | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other commercial construction | 216 |  |  | — |  |  | — |  |  | 216 |  |  | 3.20 |
Residential | 47 |  |  | 7 |  |  | 1 |  |  | 55 |  |  | .24 |
Residential — limited documentation | 1 |  |  | 1 |  |  | — |  |  | 2 |  |  | .18 |
Consumer: |  |  |  |  |  |  |  |  |
Home equity lines and loans | — |  |  | — |  |  | — |  |  | — |  |  | — |
Recreational finance | — |  |  | — |  |  | — |  |  | — |  |  | — |
Automobile | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 576 |  |  | $ | 8 |  |  | $ | 8 |  |  | $ | 592 |  |  | .45 | %
Nine Months Ended September 30, 2023 |  |  |  |  |  |  |  |  |
Commercial and industrial | $ | 115 |  |  | $ | 10 |  |  | $ | 2 |  |  | $ | 127 |  |  | .23 | %
Real estate: |  |  |  |  |  |  |  |  |
Commercial | 409 |  |  | — |  |  | 14 |  |  | 423 |  |  | 1.63 |
Residential builder and developer | 70 |  |  | 1 |  |  | — |  |  | 71 |  |  | 6.42 |
Other commercial construction | 432 |  |  | — |  |  | 8 |  |  | 440 |  |  | 6.54 |
Residential | 104 |  |  | 17 |  |  | 4 |  |  | 125 |  |  | .56 |
Residential — limited documentation | 6 |  |  | 4 |  |  | 1 |  |  | 11 |  |  | 1.11 |
Consumer: |  |  |  |  |  |  |  |  |
Home equity lines and loans | 1 |  |  | — |  |  | — |  |  | 1 |  |  | .02 |
Recreational finance | — |  |  | — |  |  | — |  |  | — |  |  | — |
Automobile | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 1,137 |  |  | $ | 32 |  |  | $ | 29 |  |  | $ | 1,198 |  |  | .91 | %
_______________________________________________________________ (a)Predominantly payment deferrals. (b)Predominantly term extensions combined with interest rate reductions. (c)Includes approximately $45 million and $92 million of loans guaranteed by government-related entities (predominantly first lien residential mortgage loans) for the three-month and nine-month periods ended September 30, 2023, respectively. (d)Excludes unfunded commitments to extend credit totaling $62 million and $138 million for the three-month and nine-month periods ended September 30, 2023, respectively.
Summary of Payment Status of Loans Modified | The following table summarizes the payment status, at September 30, 2024, of loans that were modified during the twelve-month period ended September 30, 2024.
| Payment status at September 30, 2024 (amortized cost)
(Dollars in millions) | Current |  | 30-89 Days Past Due |  | Past Due 90 Days or More (a) |  | Total
Twelve Months Ended September 30, 2024 |  |  |  |  |  |  |
Commercial and industrial | $ | 308 |  |  | $ | 5 |  |  | $ | 4 |  |  | $ | 317 |
Real estate: |  |  |  |  |  |  |
Commercial | 422 |  |  | 84 |  |  | 9 |  |  | 515 |
Residential builder and developer | 13 |  |  | 1 |  |  | — |  |  | 14 |
Other commercial construction | 141 |  |  | 74 |  |  | — |  |  | 215 |
Residential (b) | 93 |  |  | 45 |  |  | 37 |  |  | 175 |
Residential — limited documentation | 6 |  |  | 2 |  |  | — |  |  | 8 |
Consumer: |  |  |  |  |  |  |
Home equity lines and loans | 2 |  |  | — |  |  | — |  |  | 2 |
Recreational finance | 1 |  |  | — |  |  | — |  |  | 1 |
Automobile | — |  |  | — |  |  | — |  |  | — |
Other | — |  |  | — |  |  | — |  |  | — |
Total | $ | 986 |  |  | $ | 211 |  |  | $ | 50 |  |  | $ | 1,247 |
_______________________________________________________________ (a) Predominantly loan modifications with term extensions. (b)Includes loans guaranteed by government-related entities classified as 30 to 89 days past due of $39 million and as past due 90 days or more of $34 million. The following table summarizes the payment status, at September 30, 2023, of loans that were modified during the nine-month period ended September 30, 2023.
| Payment status at September 30, 2023 (amortized cost)
(Dollars in millions) | Current |  | 30-89 Days Past Due |  | Past Due 90 Days or More (a) |  | Total
Nine Months Ended September 30, 2023 |  |  |  |  |  |  |
Commercial and industrial | $ | 109 |  |  | $ | 4 |  |  | $ | 14 |  |  | $ | 127 |
Real estate: |  |  |  |  |  |  |
Commercial | 406 |  |  | 17 |  |  | — |  |  | 423 |
Residential builder and developer | 71 |  |  | — |  |  | — |  |  | 71 |
Other commercial construction | 440 |  |  | — |  |  | — |  |  | 440 |
Residential (b) | 79 |  |  | 34 |  |  | 12 |  |  | 125 |
Residential — limited documentation | 8 |  |  | 1 |  |  | 2 |  |  | 11 |
Consumer: |  |  |  |  |  |  |
Home equity lines and loans | 1 |  |  | — |  |  | — |  |  | 1 |
Recreational finance | — |  |  | — |  |  | — |  |  | — |
Automobile | — |  |  | — |  |  | — |  |  | — |
Other | — |  |  | — |  |  | — |  |  | — |
Total | $ | 1,114 |  |  | $ | 56 |  |  | $ | 28 |  |  | $ | 1,198 |
___________________________________________________________ (a) Predominantly loan modifications with term extensions. (b)Includes loans guaranteed by government-related entities classified as 30 to 89 days past due of $28 million and as past due 90 days or more of $11 million.

X
- Definition Loan and leases considered nonaccrual and interest income recognized on loans. + References No definition available. + Details
Name: | mtb_LoanAndLeasesConsideredNonaccrualAndInterestIncomeRecognizedOnLoansTableTextBlock
Namespace Prefix: | mtb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Loans and leases receivable net of deferred income by accrual status. + References No definition available. + Details
Name: | mtb_LoansAndLeasesReceivableNetOfDeferredIncomeByAccrualStatusTableTextBlock
Namespace Prefix: | mtb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Modifications to borrowers experiencing financial difficulty on financing receivables. + References No definition available. + Details
Name: | mtb_ModificationsToBorrowersExperiencingFinancialDifficultyOnFinancingReceivablesTableTextBlock
Namespace Prefix: | mtb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of loan grades applied various classes of commercial and real estate loans. + References No definition available. + Details
Name: | mtb_SummaryOfLoanGradesAppliedVariousClassesOfCommercialAndRealEstateLoansTableTextBlock
Namespace Prefix: | mtb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of loans in accrual and nonaccrual status. + References No definition available. + Details
Name: | mtb_SummaryOfLoansInAccrualAndNonaccrualStatusTableTextBlock
Namespace Prefix: | mtb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7A Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-14 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 80 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479294/326-20-55-80 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
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