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Federal, State, and Local Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Deferred Tax Assets:    
Allowance for credit losses on loans and leases $ 314 $ 253
Acquisition accounting and fair value adjustments on securities (including OTTI) 177 188
Right of Use Liability 121 32
Compensation and related benefit obligations 54 30
Other 38 22
Unrealized gains and amortization of mortgage servicing rights 26 0
Accrued Expenses 16 19
Net operating loss carryforwards 12 8
Gross deferred tax assets 758 552
Valuation allowance (4) (5)
Net deferred tax asset after valuation allowance 754 547
Deferred Tax Liabilities:    
Leases (315) (492)
Fair value adjustments on loans (198) (210)
Right of Use Asset (109) (32)
Amortizable intangibles (95) (127)
Prepaid pension cost (37) (35)
Premises and equipment (29) (44)
Other (14) (36)
Acquisition accounting and fair value adjustments on debt (8) (9)
Unrealized gains and amortization of mortgage servicing rights 0 (79)
Gross deferred tax liabilities (805) (1,064)
Net deferred tax liability $ (51) $ (517)