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Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure Variable Interest Entities Schedule Of Equity Method Investments [Abstract]

Affordable Housing Tax Credit Investments

A summary of Regions’ affordable housing tax credit investments and related loans and letters of credit, representing Regions’ maximum exposure to loss as of December 31 is as follows:


	2023		2022
	(In millions)
Affordable housing tax credit investments included in other assets	$	1,415	$	1,238
Unfunded affordable housing tax credit commitments included in other liabilities	592		511
Loans and letters of credit commitments	730		598
Funded portion of loans and letters of credit commitments	395		282


	2023		2022		2021
	(In millions)
Tax credits and other tax benefits recognized	$	207	$	180	$	165
Tax credit amortization expense included in income tax expense	166		149		139