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Allowance for Credit Losses on Loans and Leases (Tables)
 3 Months Ended
Mar. 31, 2023
Credit Loss [Abstract]  
Schedule of Activity in the Allowance for Loan and Lease Losses
The following table summarizes activity in the allowance for loan and lease losses for the periods indicated:

For the Three Months Ended March 31,
20232022
(in millions)MortgageOtherTotalMortgageOtherTotal
Balance, beginning of period$290 $103 $393 $178 $21 $199 
Adjustment for Purchased PCD Loans—13130
Charge-offs(2)(3)(5)(3)—(3)
Recoveries—55—22
Provision for (recovery of) credit losses on loans and leases(5)1491441(2)(1)
Balance, end of period$283 $267 $550 $176 $21 $197 
Schedule of Additional Information about Nonaccrual Loans
The following table presents additional information about the Company’s nonaccrual loans at March 31, 2023:
(in millions)Recorded InvestmentRelated AllowanceInterest Income Recognized
Nonaccrual loans with no related allowance:
Multi-family$13 $— $— 
Commercial real estate18——
One-to-four family first mortgage77——
Acquisition, development, and construction———
Other (includes C&I)16——
Total nonaccrual loans with no related allowance$124 $— $— 
Nonaccrual loans with an allowance recorded:
Multi-family$— $— $— 
Commercial real estate3——
One-to-four family first mortgage71—
Acquisition, development, and construction———
Other (includes C&I)1414—
Total nonaccrual loans with an allowance recorded$24 $15 $— 
Total nonaccrual loans:
Multi-family$13 $— $— 
Commercial real estate21——
One-to-four family first mortgage841—
Acquisition, development, and construction———
Other (includes C&I)3014—
Total nonaccrual loans$148 $15 $— 
The following table presents additional information about the Company’s nonaccrual loans at December 31, 2022:

(in millions)Recorded InvestmentRelated AllowanceInterest Income Recognized
Nonaccrual loans with no related allowance:
Multi-family$13 $— $— 
Commercial real estate19—1
One-to-four family first mortgage90——
Other (includes C&I)3——
Total nonaccrual loans with no related allowance$125 $— $1 
Nonaccrual loans with an allowance recorded:
Commercial real estate$1 $— $— 
One-to-four family first mortgage2——
Other (includes C&I)1314—
Total nonaccrual loans with an allowance recorded$16 $14 $— 
Total nonaccrual loans:
Multi-family$13 $— $— 
Commercial real estate20—1
One-to-four family first mortgage92——
Acquisition, development, and construction———
Other (includes C&I)1614—
Total nonaccrual loans$141 $14 $1