XML 43 R26.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Allowance for Credit Losses (Tables)

3 Months Ended

Mar. 31, 2024

Receivables [Abstract]

Schedule Of Loan Portfolio, Net Of Unearned Income

The following table presents the distribution of Regions' loan portfolio by segment and class, net of unearned income:

			March 31, 2024						December 31, 2023
			(In millions)
Commercial and industrial			$	49,701					$	50,865
Commercial real estate mortgage—owner-occupied			4,788						4,887
Commercial real estate construction—owner-occupied			306						281
Total commercial			54,795						56,033
Commercial investor real estate mortgage			6,422						6,605
Commercial investor real estate construction			2,341						2,245
Total investor real estate			8,763						8,850
Residential first mortgage			20,199						20,207
Home equity lines			3,155						3,221
Home equity loans			2,415						2,439
Consumer credit card			1,314						1,341
Other consumer—exit portfolio			28						43
Other consumer			6,193						6,245
Total consumer			33,304						33,496
Total loans, net of unearned income			$	96,862					$	98,379

Analysis Of The Allowance For Credit Losses By Portfolio Segment

			Three Months Ended March 31, 2024
			Commercial						Investor Real Estate						Consumer						Total
			(In millions)
Allowance for loan losses, January 1, 2024			$	722					$	192					$	662					$	1,576
Provision for loan losses			88						23						51						162
Loan losses:
Charge-offs			(62)						(5)						(74)						(141)
Recoveries			8						1						11						20
Net loan (losses) recoveries			(54)						(4)						(63)						(121)
Allowance for loan losses, March 31, 2024			756						211						650						1,617
Reserve for unfunded credit commitments, January 1, 2024			92						13						19						124
Provision for (benefit from) unfunded credit losses			(5)						(3)						(2)						(10)
Reserve for unfunded credit commitments, March 31, 2024			87						10						17						114
Allowance for credit losses, March 31, 2024			$	843					$	221					$	667					$	1,731

			Three Months Ended March 31, 2023
			Commercial						Investor Real Estate						Consumer						Total
			(In millions)
Allowance for loan losses, December 31, 2022			$	665					$	121					$	678					$	1,464
Cumulative effect of accounting guidance (1)			(3)						(3)						(32)						(38)
Allowance for loan losses, January 1, 2023 (adjusted for change in accounting guidance)			$	662					$	118					$	646					$	1,426
Provision for loan losses			70						8						51						129
Loan losses:
Charge-offs			(49)						—						(56)						(105)
Recoveries			10						—						12						22
Net loan (losses) recoveries			(39)						—						(44)						(83)
Allowance for loan losses, March 31, 2023			693						126						653						1,472
Reserve for unfunded credit commitments, January 1, 2023			72						21						25						118
Provision for (benefit from) unfunded credit losses			5						6						(5)						6
Reserve for unfunded credit commitments, March 31, 2023			77						27						20						124
Allowance for credit losses, March 31, 2023			$	770					$	153					$	673					$	1,596

_____

(1) See Note 1 in the Annual Report on Form 10-K for the year ended December 31, 2023 for additional information.

Financing Receivable Credit Quality Indicators

			March 31, 2024
			Term Loans																					Revolving Loans						Revolving Loans Converted to Amortizing						Unallocated (1)						Total
			2024			2023			2022			2021			2020			Prior
			(In millions)
			Commercial and industrial:
Risk rating:
Pass			$	1,966		$	7,132		$	7,997		$	4,625		$	2,196		$	4,258					$	18,512					$	—					$	(18)					$	46,668
Special Mention			16			151			174			51			33			51						598						—						—						1,074
Substandard Accrual			22			80			376			85			37			69						734						—						—						1,403
Non-accrual			1			162			145			37			6			28						177						—						—						556
Total commercial and industrial			$	2,005		$	7,525		$	8,692		$	4,798		$	2,272		$	4,406					$	20,021					$	—					$	(18)					$	49,701
Commercial real estate mortgage—owner-occupied:
Risk rating:
Pass			$	149		$	750		$	912		$	929		$	622		$	1,033					$	99					$	—					$	(5)					$	4,489
Special Mention			2			4			22			41			14			57						1						—						—						141
Substandard Accrual			—			3			35			33			16			29						2						—						—						118
Non-accrual			2			2			8			11			5			11						1						—						—						40
Total commercial real estate mortgage—owner-occupied:			$	153		$	759		$	977		$	1,014		$	657		$	1,130					$	103					$	—					$	(5)					$	4,788
Commercial real estate construction—owner-occupied:
Risk rating:
Pass			$	21		$	101		$	44		$	43		$	22		$	46					$	5					$	—					$	—					$	282
Special Mention			—			—			—			1			1			—						—						—						—						2
Substandard Accrual			—			—			10			—			1			1						—						—						—						12
Non-accrual			—			2			—			—			2			6						—						—						—						10
Total commercial real estate construction—owner-occupied:			$	21		$	103		$	54		$	44		$	26		$	53					$	5					$	—					$	—					$	306
Total commercial			$	2,179		$	8,387		$	9,723		$	5,856		$	2,955		$	5,589					$	20,129					$	—					$	(23)					$	54,795
Commercial investor real estate mortgage:
Risk rating:
Pass			$	412		$	1,039		$	1,375		$	1,103		$	384		$	339					$	361					$	—					$	(3)					$	5,010
Special Mention			48			84			365			52			20			14						67						—						—						650
Substandard Accrual			53			95			187			1			37			69						79						—						—						521
Non-accrual			47			98			57			—			—			39						—						—						—						241
Total commercial investor real estate mortgage			$	560		$	1,316		$	1,984		$	1,156		$	441		$	461					$	507					$	—					$	(3)					$	6,422
Commercial investor real estate construction:
Risk rating:
Pass			$	18		$	262		$	960		$	230		$	26		$	2					$	647					$	—					$	(14)					$	2,131
Special Mention			—			26			105			—			—			—						25						—						—						156
Substandard Accrual			—			—			25			—			—			—						29						—						—						54
Non-accrual			—			—			—			—			—			—						—						—						—						—
Total commercial investor real estate construction			$	18		$	288		$	1,090		$	230		$	26		$	2					$	701					$	—					$	(14)					$	2,341
Total investor real estate			$	578		$	1,604		$	3,074		$	1,386		$	467		$	463					$	1,208					$	—					$	(17)					$	8,763
Residential first mortgage:
FICO scores:
Above 720			$	209		$	1,964		$	2,870		$	4,297		$	4,300		$	3,046					$	—					$	—					$	—					$	16,686
681-720			22			221			298			341			247			349						—						—						—						1,478
620-680			11			91			141			149			113			309						—						—						—						814
Below 620			—			37			101			127			93			440						—						—						—						798
Data not available			7			33			18			47			46			97						2						—						173						423
Total residential first mortgage			$	249		$	2,346		$	3,428		$	4,961		$	4,799		$	4,241					$	2					$	—					$	173					$	20,199

			March 31, 2024
			Term Loans																					Revolving Loans						Revolving Loans Converted to Amortizing						Unallocated (1)						Total
			2024			2023			2022			2021			2020			Prior
			(In millions)
			Home equity lines:
FICO scores:
Above 720			$	—		$	—		$	—		$	—		$	—		$	—					$	2,327					$	44					$	—					$	2,371
681-720			—			—			—			—			—			—						350						10						—						360
620-680			—			—			—			—			—			—						191						9						—						200
Below 620			—			—			—			—			—			—						98						7						—						105
Data not available			—			—			—			—			—			—						82						6						31						119
Total home equity lines			$	—		$	—		$	—		$	—		$	—		$	—					$	3,048					$	76					$	31					$	3,155
Home equity loans:
FICO scores:
Above 720			$	66		$	317		$	354		$	376		$	194		$	583					$	—					$	—					$	—					$	1,890
681-720			18			43			60			48			21			69						—						—						—						259
620-680			4			19			24			23			9			55						—						—						—						134
Below 620			—			4			12			13			5			40						—						—						—						74
Data not available			—			1			4			5			3			29						—						—						16						58
Total home equity loans			$	88		$	384		$	454		$	465		$	232		$	776					$	—					$	—					$	16					$	2,415
Consumer credit card:
FICO scores:
Above 720			$	—		$	—		$	—		$	—		$	—		$	—					$	742					$	—					$	—					$	742
681-720			—			—			—			—			—			—						257						—						—						257
620-680			—			—			—			—			—			—						213						—						—						213
Below 620			—			—			—			—			—			—						101						—						—						101
Data not available			—			—			—			—			—			—						18						—						(17)						1
Total consumer credit card			$	—		$	—		$	—		$	—		$	—		$	—					$	1,331					$	—					$	(17)					$	1,314
Other consumer—exit portfolios:
FICO scores:
Above 720			$	—		$	—		$	—		$	—		$	—		$	15					$	—					$	—					$	—					$	15
681-720			—			—			—			—			—			3						—						—						—						3
620-680			—			—			—			—			—			4						—						—						—						4
Below 620			—			—			—			—			—			6						—						—						—						6
Data not available			—			—			—			—			—			1						—						—						(1)						—
Total other consumer—exit portfolios			$	—		$	—		$	—		$	—		$	—		$	29					$	—					$	—		$	—		$	(1)					$	28
Other consumer(2):
FICO scores:
Above 720			$	222		$	1,291		$	1,514		$	494		$	280		$	263					$	113					$	—					$	—					$	4,177
681-720			24			269			362			123			63			53						64						—						—						958
620-680			12			154			235			84			41			34						52						—						—						612
Below 620			2			46			126			50			24			20						31						—						—						299
Data not available			74			18			9			7			5			173						2						—						(141)						147
Total other consumer			$	334		$	1,778		$	2,246		$	758		$	413		$	543					$	262					$	—					$	(141)					$	6,193
Total consumer loans			$	671		$	4,508		$	6,128		$	6,184		$	5,444		$	5,589					$	4,643					$	76					$	61					$	33,304
Total Loans			$	3,428		$	14,499		$	18,925		$	13,426		$	8,866		$	11,641					$	25,980					$	76					$	21					$	96,862

			December 31, 2023
			Term Loans																					Revolving Loans						Revolving Loans Converted to Amortizing						Unallocated (1)						Total
			2023			2022			2021			2020			2019			Prior
			(In millions)
			Commercial and industrial:
Risk rating:
Pass			$	8,272		$	9,123		$	5,267		$	2,326		$	1,376		$	3,210					$	18,561					$	—					$	53					$	48,188
Special Mention			87			186			71			109			26			90						484						—						—						1,053
Substandard Accrual			141			212			74			38			7			3						678						—						—						1,153
Non-accrual			128			102			37			6			20			10						168						—						—						471
Total commercial and industrial			$	8,628		$	9,623		$	5,449		$	2,479		$	1,429		$	3,313					$	19,891					$	—					$	53					$	50,865
Commercial real estate mortgage—owner-occupied:
Risk rating:
Pass			$	799		$	954		$	988		$	658		$	343		$	801					$	76					$	—					$	(5)					$	4,614
Special Mention			21			13			33			20			7			13						14						—						—						121
Substandard Accrual			3			34			32			14			8			24						1						—						—						116
Non-accrual			4			3			10			8			3			8						—						—						—						36
Total commercial real estate mortgage—owner-occupied:			$	827		$	1,004		$	1,063		$	700		$	361		$	846					$	91					$	—					$	(5)					$	4,887
Commercial real estate construction—owner-occupied:
Risk rating:
Pass			$	89		$	53		$	44		$	24		$	11		$	38					$	3					$	—					$	—					$	262
Special Mention			—			7			—			—			—			1						—						—						—						8
Substandard Accrual			—			1			—			1			—			1						—						—						—						3
Non-accrual			2			—			—			2			—			4						—						—						—						8
Total commercial real estate construction—owner-occupied:			$	91		$	61		$	44		$	27		$	11		$	44					$	3					$	—					$	—					$	281
Total commercial			$	9,546		$	10,688		$	6,556		$	3,206		$	1,801		$	4,203					$	19,985					$	—					$	48					$	56,033
Commercial investor real estate mortgage:
Risk rating:
Pass			$	1,130		$	1,587		$	1,135		$	488		$	296		$	110					$	383					$	—					$	(4)					$	5,125
Special Mention			269			247			52			59			30			—						90						—						—						747
Substandard Accrual			134			197			—			67			67			3						32						—						—						500
Non-accrual			99			57			37			—			12			28						—						—						—						233
Total commercial investor real estate mortgage			$	1,632		$	2,088		$	1,224		$	614		$	405		$	141					$	505					$	—					$	(4)					$	6,605
Commercial investor real estate construction:
Risk rating:
Pass			$	256		$	836		$	280		$	26		$	2		$	1					$	649					$	—					$	(15)					$	2,035
Special Mention			—			122			—			—			—			—						59						—						—						181
Substandard Accrual			—			25			—			—			—			—						4						—						—						29
Non-accrual			—			—			—			—			—			—						—						—						—						—
Total commercial investor real estate construction			$	256		$	983		$	280		$	26		$	2		$	1					$	712					$	—					$	(15)					$	2,245
Total investor real estate			$	1,888		$	3,071		$	1,504		$	640		$	407		$	142					$	1,217					$	—					$	(19)					$	8,850
Residential first mortgage:
FICO scores:
Above 720			$	1,939		$	2,863		$	4,358		$	4,390		$	816		$	2,353					$	—					$	—					$	—					$	16,719
681-720			226			298			355			255			52			294						—						—						—						1,480
620-680			86			153			153			112			43			270						—						—						—						817
Below 620			21			90			122			87			53			389						—						—						—						762
Data not available			33			16			49			46			11			92						1						—						181						429
Total residential first mortgage			$	2,305		$	3,420		$	5,037		$	4,890		$	975		$	3,398					$	1					$	—					$	181					$	20,207

			December 31, 2023
			Term Loans																					Revolving Loans						Revolving Loans Converted to Amortizing						Unallocated (1)						Total
			2023			2022			2021			2020			2019			Prior
			(In millions)
			Home equity lines:
FICO scores:
Above 720			$	—		$	—		$	—		$	—		$	—		$	—					$	2,399					$	45					$	—					$	2,444
681-720			—			—			—			—			—			—						346						11						—						357
620-680			—			—			—			—			—			—						184						9						—						193
Below 620			—			—			—			—			—			—						97						7						—						104
Data not available			—			—			—			—			—			—						85						5						33						123
Total home equity lines			$	—		$	—		$	—		$	—		$	—		$	—					$	3,111					$	77					$	33					$	3,221
Home equity loans:
FICO scores:
Above 720			$	322		$	370		$	397		$	205		$	93		$	529					$	—					$	—					$	—					$	1,916
681-720			53			62			49			22			14			60						—						—						—						260
620-680			19			27			23			8			8			52						—						—						—						137
Below 620			2			8			12			5			7			35						—						—						—						69
Data not available			1			4			5			3			3			25						—						—						16						57
Total home equity loans			$	397		$	471		$	486		$	243		$	125		$	701					$	—					$	—					$	16					$	2,439
Consumer credit card:
FICO scores:
Above 720			$	—		$	—		$	—		$	—		$	—		$	—					$	780					$	—					$	—					$	780
681-720			—			—			—			—			—			—						254						—						—						254
620-680			—			—			—			—			—			—						210						—						—						210
Below 620			—			—			—			—			—			—						95						—						—						95
Data not available			—			—			—			—			—			—						20						—						(18)						2
Total consumer credit card			$	—		$	—		$	—		$	—		$	—		$	—					$	1,359					$	—					$	(18)					$	1,341
Other consumer—exit portfolios:
FICO scores:
Above 720			$	—		$	—		$	—		$	—		$	2		$	22					$	—					$	—					$	—					$	24
681-720			—			—			—			—			1			4						—						—						—						5
620-680			—			—			—			—			—			5						—						—						—						5
Below 620			—			—			—			—			1			7						—						—						—						8
Data not available			—			—			—			—			—			1						—						—						—						1
Total other consumer—exit portfolios			$	—		$	—		$	—		$	—		$	4		$	39					$	—					$	—					$	—					$	43
Other consumer(2):
FICO scores:
Above 720			$	1,312		$	1,519		$	501		$	284		$	155		$	118					$	119					$	—					$	—					$	4,008
681-720			270			409			136			74			34			29						67						—						—						1,019
620-680			178			294			103			50			21			20						53						—						—						719
Below 620			52			147			65			31			14			13						30						—						—						352
Data not available			94			10			7			5			114			65						1						—						(149)						147
Total other consumer			$	1,906		$	2,379		$	812		$	444		$	338		$	245					$	270					$	—					$	(149)					$	6,245
Total consumer loans			$	4,608		$	6,270		$	6,335		$	5,577		$	1,442		$	4,383					$	4,741					$	77					$	63					$	33,496
Total Loans			$	16,042		$	20,029		$	14,395		$	9,423		$	3,650		$	8,728					$	25,943					$	77					$	92					$	98,379

________

(1)These amounts consist of fees that are not allocated at the loan level and loans serviced by third parties wherein Regions does not receive FICO or vintage information.

(2)Other consumer class includes overdrafts which are included in the current vintage year.

The following tables present gross charge-offs by vintage year as of March 31, 2024 and 2023.

			March 31, 2024
			Term Loans																					Revolving Loans						Total
			2024			2023			2022			2021			2020			Prior
			(In millions)
Commercial and industrial			$	5		$	23		$	17		$	5		$	2		$	7					$	3					$	62
Total commercial			5			23			17			5			2			7						3						62
Commercial investor real estate mortgage			—			—			—			5			—			—						—						5
Total investor real estate			—			—			—			5			—			—						—						5
Residential first mortgage			—			—			—			—			—			1						—						1
Home equity lines			—			—			—			—			—			—						1						1
Consumer credit card			—			—			—			—			—			—						16						16
Other consumer—exit portfolios			—			—			—			—			—			1						—						1
Other consumer(1)			6			16			20			6			3			4						—						55
Total consumer			6			16			20			6			3			6						17						74
Total gross charge-offs			$	11		$	39		$	37		$	16		$	5		$	13					$	20					$	141

			March 31, 2023
			Term Loans																					Revolving Loans						Total
			2023			2022			2021			2020			2019			Prior
			(In millions)
Commercial and industrial			$	—		$	13		$	21		$	3		$	5		$	5					$	2					$	49
Total commercial			—			13			21			3			5			5						2						49
Home equity lines			—			—			—			—			—			—						1						1
Consumer credit card			—			—			—			—			—			—						12						12
Other consumer—exit portfolios			—			—			—			—			2			3						—						5
Other consumer(1)			4			17			8			4			2			3						—						38
Total consumer			4			17			8			4			4			6						13						56
Total gross charge-offs			$	4		$	30		$	29		$	7		$	9		$	11					$	15					$	105

______

(1)Other consumer class includes overdraft gross charge-offs. The majority of overdraft gross charge-offs for the three months ended March 31, 2024 and 2023 are included in the current vintage year.

Past Due Financing Receivables

The following tables include an aging analysis of DPD and loans on non-accrual status for each portfolio segment and class as of March 31, 2024 and December 31, 2023. Loans on non-accrual status with no related allowance totaled $237 million and $280 million comprised of commercial and investor real estate loans at March 31, 2024 and December 31, 2023, respectively. Non–accrual loans with no related allowance typically include loans where the underlying collateral is deemed sufficient to recover all remaining principal. Loans that have been fully charged-off do not appear in the tables below.

			March 31, 2024
			Accrual Loans
			30-59 DPD						60-89 DPD						90+ DPD						Total 30+ DPD						Total Accrual						Non-accrual						Total
			(In millions)
Commercial and industrial			$	38					$	17					$	7					$	62					$	49,145					$	556					$	49,701
Commercial real estate mortgage—owner-occupied			4						4						—						8						4,748						40						4,788
Commercial real estate construction—owner-occupied			1						—						—						1						296						10						306
Total commercial			43						21						7						71						54,189						606						54,795
Commercial investor real estate mortgage			—						—						—						—						6,181						241						6,422
Commercial investor real estate construction			—						—						—						—						2,341						—						2,341
Total investor real estate			—						—						—						—						8,522						241						8,763
Residential first mortgage			91						59						113						263						20,177						22						20,199
Home equity lines			20						8						19						47						3,124						31						3,155
Home equity loans			9						4						7						20						2,409						6						2,415
Consumer credit card			10						8						19						37						1,314						—						1,314
Other consumer—exit portfolios			1						1						—						2						28						—						28
Other consumer			45						25						26						96						6,193						—						6,193
Total consumer			176						105						184						465						33,245						59						33,304
			$	219					$	126					$	191					$	536					$	95,956					$	906					$	96,862

			December 31, 2023
			Accrual Loans
			30-59 DPD						60-89 DPD						90+ DPD						Total 30+ DPD						Total Accrual						Non-accrual						Total
			(In millions)
Commercial and industrial			$	43					$	21					$	11					$	75					$	50,394					$	471					$	50,865
Commercial real estate mortgage—owner-occupied			3						2						—						5						4,851						36						4,887
Commercial real estate construction—owner-occupied			—						1						—						1						273						8						281
Total commercial			46						24						11						81						55,518						515						56,033
Commercial investor real estate mortgage			—						—						23						23						6,372						233						6,605
Commercial investor real estate construction			—						—						—						—						2,245						—						2,245
Total investor real estate			—						—						23						23						8,617						233						8,850
Residential first mortgage			104						48						95						247						20,185						22						20,207
Home equity lines			17						10						20						47						3,192						29						3,221
Home equity loans			10						4						7						21						2,433						6						2,439
Consumer credit card			11						8						20						39						1,341						—						1,341
Other consumer—exit portfolios			2						1						—						3						43						—						43
Other consumer			60						31						29						120						6,245						—						6,245
Total consumer			204						102						171						477						33,439						57						33,496
			$	250					$	126					$	205					$	581					$	97,574					$	805					$	98,379

Modifications by class and segment

For each portfolio segment and class, the following tables present the end of period balances of new modifications to troubled borrowers and the related percentage of the loan portfolio period-end balance by the type of modification that occurred in the three months ended March 31, 2024 and March 31, 2023.

									Three Months Ended March 31, 2024
									Term Extension																											Term Extension and Interest Rate Modification																					Total
												$			%(1)																																	$			%(1)																								$			%(1)
									(Dollars in millions)
Commercial and industrial												$	40		0.08		%																															$	—		—		%																						$	40		0.08		%
Commercial real estate mortgage—owner-occupied												1			0.01		%																															—			—		%																						1			0.01		%
Total commercial												41			0.07		%																															—			—		%																						41			0.07		%
Commercial investor real estate mortgage												100			1.56		%																															—			—		%																						100			1.56		%
Total investor real estate												100			1.14		%																															—			—		%																						100			1.14		%
Residential first mortgage												39			0.19		%																															1			0.01		%																						40			0.20		%
Home equity lines												—			—		%																															1			0.02		%																						1			0.03		%
Home equity loans												1			0.04		%																															2			0.08		%																						3			0.12		%
Total consumer												40			0.12		%																															4			0.01		%																						44			0.13		%
												$	181		0.19		%																															$	4		—		%																						$	185		0.19		%

												Three Months Ended March 31, 2023
									Term Extension															Payment Deferral															Term Extension and Interest Rate Modification																					Total
												$			%(1)															$			%(1)															$			%(1)																								$			%(1)
												(Dollars in millions)
Commercial and industrial												$	18		0.03		%													$	164		0.32		%													$	—		—		%																						$	182		0.35		%
Commercial real estate mortgage—owner-occupied												2			0.04		%													—			—		%													—			—		%																						2			0.05		%
Commercial real estate construction—owner-occupied												1			0.17		%													—			—		%													—			—		%																						1			0.17		%
Total commercial												21			0.04		%													164			0.29		%													—			—		%																						185			0.32		%
Residential first mortgage												22			0.12		%													—			—		%													2			0.01		%																						24			0.13		%
Home equity lines												1			0.02		%													—			—		%													—			—		%																						1			0.03		%
Home equity loans												1			0.04		%													—			—		%													1			0.06		%																						2			0.09		%
Total consumer												24			0.07		%													—			—		%													3			0.01		%																						27			0.09		%
												$	45		0.05		%													$	164		0.17		%													$	3		—		%																						$	212		0.22		%

____

(1) Amounts calculated based upon whole dollar values.

Financial impact of modifications to troubled borrowers

The following tables present the financial impact of modifications to troubled borrowers during the three months ended March 31, 2024 and 2023 by portfolio segment, class of financing receivable, and the type of modification. The tables include new modifications to troubled borrowers, as well as renewals of existing modifications to troubled borrowers.

			Three Months Ended March 31, 2024
			Term Extension												Term Extension and Interest Rate Modification
			Weighted-Average Term Extension												Weighted-Average Term Extension						Weighted-Average Reduction in Interest Rate
			(In years, except for percentage data)
Commercial and industrial			1												—						—
Commercial real estate mortgage—owner-occupied			0.67												—						—
Commercial investor real estate mortgage			0.58												—						—
Residential first mortgage			6												9						less than 1%
Home equity lines			—												19						2		%
Home equity loans			12												25						2		%

			Three Months Ended March 31, 2023
			Term Extension						Payment Deferral						Term Extension and Interest Rate Modification
			Weighted-Average Term Extension						Weighted-Average Payment Deferral						Weighted-Average Term Extension						Weighted-Average Reduction in Interest Rate
			(In years, except for percentage data)
Commercial and industrial			0.42						0.17						—						—
Commercial real estate mortgage—owner-occupied			0.50						—						—						—
Commercial real estate construction—owner-occupied			0.42						—						—						—
Residential first mortgage			5						—						7						1		%
Home equity lines			20						—						—						—
Home equity loans			11						—						17						2		%

Aging and non-accrual performance for modifications to troubled borrowers

The following tables include the end of period balances of aging and non-accrual performance for modifications to troubled borrowers modified in the previous twelve-month period by portfolio segment and class.

			March 31, 2024
			Current						30-89 DPD						90+ DPD						Non-Performing Loans						Total
			(In millions)
Commercial and industrial			$	161					$	—					$	—					$	184					$	345
Commercial real estate mortgage—owner-occupied			1						—						—						1						2
Total commercial			162						—						—						185						347
Commercial investor real estate mortgage			192						—						—						108						300
Total investor real estate			192						—						—						108						300
Residential first mortgage			87						13						8						5						113
Home equity lines			4						—						—						—						4
Home equity loans			6						1						—						2						9
Total consumer			97						14						8						7						126
			$	451					$	14					$	8					$	300					$	773

			March 31, 2023
			Current						30-89 DPD						90+ DPD						Non-Performing Loans						Total
			(In millions)
Commercial and industrial			$	169					$	—					$	—					$	13					$	182
Commercial real estate mortgage—owner-occupied			2						—						—						—						2
Commercial real estate construction—owner-occupied			—						—						—						1						1
Total commercial			171						—						—						14						185
Residential first mortgage			23						—						—						1						24
Home equity lines			1						—						—						—						1
Home equity loans			2						—						—						—						2
Total consumer			26						—						—						1						27
			$	197					$	—					$	—					$	15					$	212

X

- Definition

Financial impact of modifications to troubled borrowers

+ References

No definition available.

+ Details

Name:	rf_FinancialImpactOfModificationsToTroubledBorrowersTableTextBlock
Namespace Prefix:	rf_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Modifications by class and segment

+ References

No definition available.

+ Details

Name:	rf_ModificationsByClassAndSegmentTableTextBlock
Namespace Prefix:	rf_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: 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

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B

+ 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 financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-5

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-29

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivable with payment default and modified within previous 12 months preceding payment default for debtor experiencing financial difficulty.

+ 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/2009/role/commonPracticeRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 44
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-44

+ Details

Name:	us-gaap_FinancingReceivableModifiedSubsequentDefaultTableTextBlock
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://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 2: 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

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-7

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-7A

+ 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

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration