XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.25.1

ALLOWANCE FOR LOAN AND LEASE LOSSES | 3 Months Ended
--- | ---
Mar. 31, 2025
Receivables [Abstract] |
ALLOWANCE FOR LOAN AND LEASE LOSSES | NOTE 5 — ALLOWANCE FOR LOAN AND LEASE LOSSES The ALLL is reported as a separate line item on the Consolidated Balance Sheets, while the reserve for off-balance sheet credit exposure is included in other liabilities. The provision or benefit for credit losses related to (i) loans and leases (ii) off-balance sheet credit exposure, and (iii) investment securities available for sale, if any, is reported in the Consolidated Statements of Income as provision or benefit for credit losses. The ALLL activity for loans and leases is summarized in the following table: Allowance for Loan and Lease Losses
dollars in millions | Three Months Ended March 31, 2025 |  | Three Months Ended March 31, 2024
| Commercial |  | Consumer |  | SVB |  | Total |  | Commercial |  | Consumer |  | SVB |  | Total
Balance at beginning of period | $ | 1,063 |  |  | $ | 158 |  |  | $ | 455 |  |  | $ | 1,676 |  |  | $ | 1,126 |  |  | $ | 166 |  |  | $ | 455 |  |  | $ | 1,747 |
Provision (benefit) for loan and lease losses | 105 |  |  | 10 |  |  | 33 |  |  | 148 |  |  | 59 |  |  | (6) |  |  | 40 |  |  | 93 |
Charge-offs | (105) |  |  | (8) |  |  | (54) |  |  | (167) |  |  | (75) |  |  | (7) |  |  | (46) |  |  | (128) |
Recoveries | 15 |  |  | 3 |  |  | 5 |  |  | 23 |  |  | 10 |  |  | 2 |  |  | 13 |  |  | 25 |
Balance at end of period | $ | 1,078 |  |  | $ | 163 |  |  | $ | 439 |  |  | $ | 1,680 |  |  | $ | 1,120 |  |  | $ | 155 |  |  | $ | 462 |  |  | $ | 1,737 |
The increase in the ALLL at March 31, 2025 compared to December 31, 2024 was primarily due to modest deterioration in the macroeconomic forecast, as well as increases in loan volume, partially offset by the result of a mix shift from the investor dependent portfolio to the global fund banking portfolio, which has a lower loss rate relative to our other loan portfolios, and lower specific reserves for individually evaluated loans. The following table presents the components of the provision for credit losses: Provision for Credit Losses
dollars in millions | Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |  |  |
Provision for loan and lease losses | $ | 148 |  |  | $ | 93 |  |  |  |  |  |  |
Provision (benefit) for off-balance sheet credit exposure | 6 |  |  | (29) |  |  |  |  |  |  |
Provision for credit losses | $ | 154 |  |  | $ | 64 |  |  |  |  |  |  |

X
- Definition The entire disclosure for allowance for credit losses. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -Publisher FASB -URI https://asc.fasb.org/310/tableOfContent + Details
Name: | us-gaap_AllowanceForCreditLossesTextBlock
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