XML 37 R26.htm IDEA: XBRL DOCUMENT v3.25.3

Debt Securities (Tables)

9 Months Ended

Sep. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Amortized Cost, Unrealized Gains And Losses, And Fair Value Of Investment Securities

The following tables present the amortized cost, gross unrealized gains and losses, and estimated fair values of debt securities as of the dates presented:

			September 30, 2025
(in millions)			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Available for sale:
U.S. Treasury and agencies			$	1,332					$	6					$	(43)					$	1,295
Obligations of states and political subdivisions			1,621						34						(18)						1,637
Mortgage-backed securities and collateralized mortgage obligations			8,381						49						(349)						8,081
Total available for sale securities			$	11,334					$	89					$	(410)					$	11,013
Held to maturity:
Mortgage-backed securities and collateralized mortgage obligations			$	18					$	—					$	—					$	18
Total held to maturity securities			$	18					$	—					$	—					$	18

			December 31, 2024
(in millions)			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Available for sale:
U.S. Treasury and agencies			$	1,496					$	1					$	(74)					$	1,423
Obligations of states and political subdivisions			1,055						3						(32)						1,026
Mortgage-backed securities and collateralized mortgage obligations			6,307						4						(485)						5,826
Total available for sale securities			$	8,858					$	8					$	(591)					$	8,275
Held to maturity:
Mortgage-backed securities and collateralized mortgage obligations			$	2					$	1					$	—					$	3
Total held to maturity securities			$	2					$	1					$	—					$	3

Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value

The following tables present debt securities that were in an unrealized loss position as of the dates presented, based on the length of time individual securities have been in an unrealized loss position:

			September 30, 2025
			Less than 12 Months												12 Months or Longer												Total
(in millions)			Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses
Available for sale:
U.S. Treasury and agencies			$	50					$	—					$	774					$	(43)					$	824					$	(43)
Obligations of states and political subdivisions			110						(1)						222						(17)						332						(18)
Mortgage-backed securities and collateralized mortgage obligations			2,572						(28)						1,784						(321)						4,356						(349)
Total temporarily impaired securities			$	2,732					$	(29)					$	2,780					$	(381)					$	5,512					$	(410)

			December 31, 2024
			Less than 12 Months												12 Months or Longer												Total
(in millions)			Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses
Available for sale:
U.S. Treasury and agencies			$	185					$	(3)					$	795					$	(71)					$	980					$	(74)
Obligations of states and political subdivisions			539						(8)						225						(24)						764						(32)
Mortgage-backed securities and collateralized mortgage obligations			3,399						(79)						1,830						(406)						5,229						(485)
Total temporarily impaired securities			$	4,123					$	(90)					$	2,850					$	(501)					$	6,973					$	(591)

Schedule Of Maturities Of Investment Securities

The following table presents the contractual maturities of debt securities as of September 30, 2025. Expected maturities will differ from contractual maturities because some securities may be called or prepaid with or without call or prepayment penalties.

			Available For Sale												Held To Maturity
(in millions)			Amortized Cost						Fair Value						Amortized Cost						Fair Value
Due within one year			$	344					$	344					$	—					$	—
Due after one year through five years			2,755						2,744						—						—
Due after five years through ten years			1,763						1,736						—						—
Due after ten years			6,472						6,189						18						18
Total debt securities			$	11,334					$	11,013					$	18					$	18

X

- Definition

Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 326
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479081/326-30-55-8

Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-6

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479106/326-30-50-4

+ Details

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

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

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

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of unrealized gains and losses on investments.

+ References

No definition available.

+ Details

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