Quarterly report pursuant to Section 13 or 15(d)

LOANS AND LEASES - Modifications (Details)

v3.24.2
LOANS AND LEASES - Modifications (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Financing Receivable, Modified [Line Items]        
Total $ 415 $ 297 $ 528 $ 439
% of total loan class 0.33% 0.26% 0.42% 0.38%
Amortized cost basis $ 753 $ 439 $ 753 $ 439
30-59 Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 28 10 28 10
60-89  Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 9 4 9 4
90 or  more days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 21 4 21 4
Total        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 58 18 58 18
Current        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 695 421 695 421
Commercial | Commercial and industrial        
Financing Receivable, Modified [Line Items]        
Total $ 191 $ 138 $ 270 $ 236
% of total loan class 0.37% 0.28% 0.52% 0.47%
Amortized cost basis $ 420 $ 236 $ 420 $ 236
Commercial | Commercial and industrial | 30-59 Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 16 1 16 1
Commercial | Commercial and industrial | 60-89  Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 1 1 1 1
Commercial | Commercial and industrial | 90 or  more days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 7 0 7 0
Commercial | Commercial and industrial | Total        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 24 2 24 2
Commercial | Commercial and industrial | Current        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 396 234 396 234
Commercial | Commercial real estate        
Financing Receivable, Modified [Line Items]        
Total $ 198 $ 134 $ 212 $ 148
% of total loan class 1.66% 1.02% 1.78% 1.12%
Amortized cost basis $ 248 $ 148 $ 248 $ 148
Commercial | Commercial real estate | 30-59 Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Commercial | Commercial real estate | 60-89  Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Commercial | Commercial real estate | 90 or  more days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 4 0 4 0
Commercial | Commercial real estate | Total        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 4 0 4 0
Commercial | Commercial real estate | Current        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 244 148 244 148
Consumer | Residential mortgage        
Financing Receivable, Modified [Line Items]        
Total $ 17 $ 15 $ 28 $ 39
% of total loan class 0.07% 0.06% 0.12% 0.17%
Amortized cost basis $ 52 $ 39 $ 52 $ 39
Consumer | Residential mortgage | 30-59 Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 9 7 9 7
Consumer | Residential mortgage | 60-89  Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 6 3 6 3
Consumer | Residential mortgage | 90 or  more days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 8 4 8 4
Consumer | Residential mortgage | Total        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 23 14 23 14
Consumer | Residential mortgage | Current        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 29 25 29 25
Consumer | Automobile        
Financing Receivable, Modified [Line Items]        
Total $ 4 $ 5 $ 8 $ 8
% of total loan class 0.03% 0.04% 0.06% 0.06%
Amortized cost basis $ 15 $ 8 $ 15 $ 8
Consumer | Automobile | 30-59 Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 2 1 2 1
Consumer | Automobile | 60-89  Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 1 0 1 0
Consumer | Automobile | 90 or  more days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Consumer | Automobile | Total        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 3 1 3 1
Consumer | Automobile | Current        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 12 7 12 7
Consumer | Home equity        
Financing Receivable, Modified [Line Items]        
Total $ 4 $ 4 $ 9 $ 6
% of total loan class 0.04% 0.04% 0.09% 0.06%
Amortized cost basis $ 15 $ 6 $ 15 $ 6
Consumer | Home equity | 30-59 Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 1 1 1 1
Consumer | Home equity | 60-89  Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 1 0 1 0
Consumer | Home equity | 90 or  more days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 2 0 2 0
Consumer | Home equity | Total        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 4 1 4 1
Consumer | Home equity | Current        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 11 5 11 5
Consumer | RV and marine        
Financing Receivable, Modified [Line Items]        
Total       $ 1
% of total loan class       0.02%
Amortized cost basis 1 1 1 $ 1
Consumer | RV and marine | 30-59 Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Consumer | RV and marine | 60-89  Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Consumer | RV and marine | 90 or  more days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Consumer | RV and marine | Total        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Consumer | RV and marine | Current        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 1 1 1 1
Consumer | Other consumer        
Financing Receivable, Modified [Line Items]        
Total $ 1 $ 1 $ 1 $ 1
% of total loan class 0.06% 0.07% 0.06% 0.07%
Amortized cost basis $ 2 $ 1 $ 2 $ 1
Consumer | Other consumer | 30-59 Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Consumer | Other consumer | 60-89  Days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Consumer | Other consumer | 90 or  more days        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Consumer | Other consumer | Total        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 0 0 0 0
Consumer | Other consumer | Current        
Financing Receivable, Modified [Line Items]        
Amortized cost basis 2 1 2 1
Interest rate reduction        
Financing Receivable, Modified [Line Items]        
Total 35 1 85 36
Interest rate reduction | Commercial | Commercial and industrial        
Financing Receivable, Modified [Line Items]        
Total $ 34 0 $ 84 $ 35
Interest rate reduction | Commercial | Commercial and industrial | Minimum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate 8.46%   8.40% 7.68%
Interest rate reduction | Commercial | Commercial and industrial | Maximum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate 8.21%   7.57% 6.94%
Interest rate reduction | Commercial | Commercial real estate        
Financing Receivable, Modified [Line Items]        
Total $ 0 0 $ 0 $ 0
Interest rate reduction | Commercial | Commercial real estate | Minimum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate     7.98%  
Interest rate reduction | Commercial | Commercial real estate | Maximum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate     7.85%  
Interest rate reduction | Consumer | Commercial real estate | Minimum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate 7.98%    
Interest rate reduction | Consumer | Commercial real estate | Maximum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate 7.85%    
Interest rate reduction | Consumer | Residential mortgage        
Financing Receivable, Modified [Line Items]        
Total $ 0 0 $ 0 $ 0
Interest rate reduction | Consumer | Residential mortgage | Minimum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate      
Interest rate reduction | Consumer | Residential mortgage | Maximum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate      
Interest rate reduction | Consumer | Automobile        
Financing Receivable, Modified [Line Items]        
Total 0 0 $ 0 0
Interest rate reduction | Consumer | Home equity        
Financing Receivable, Modified [Line Items]        
Total 0 0 $ 0 $ 0
Interest rate reduction | Consumer | Home equity | Minimum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate     9.28% 8.37%
Interest rate reduction | Consumer | Home equity | Maximum        
Financing Receivable, Modified [Line Items]        
Weighted-average contractual interest rate     6.69% 5.86%
Interest rate reduction | Consumer | RV and marine        
Financing Receivable, Modified [Line Items]        
Total       $ 0
Interest rate reduction | Consumer | Other consumer        
Financing Receivable, Modified [Line Items]        
Total 1 1 $ 1 1
Term extension        
Financing Receivable, Modified [Line Items]        
Total 321 289 375 390
Term extension | Commercial | Commercial and industrial        
Financing Receivable, Modified [Line Items]        
Total $ 116 $ 138 $ 144 $ 198
Weighted-average years added to the life 8 months 12 days 8 months 12 days 9 months 18 days 10 months 24 days
Term extension | Commercial | Commercial real estate        
Financing Receivable, Modified [Line Items]        
Total $ 184 $ 134 $ 198 $ 148
Weighted-average years added to the life 4 months 24 days 6 months 4 months 24 days 6 months
Term extension | Consumer | Residential mortgage        
Financing Receivable, Modified [Line Items]        
Total $ 15 $ 12 $ 23 $ 35
Weighted-average years added to the life 7 years 4 months 24 days 8 years 9 months 18 days 7 years 7 months 6 days 7 years 2 months 12 days
Term extension | Consumer | Automobile        
Financing Receivable, Modified [Line Items]        
Total $ 4 $ 4 $ 7 $ 7
Weighted-average years added to the life     1 year 7 months 6 days 2 years
Term extension | Consumer | Home equity        
Financing Receivable, Modified [Line Items]        
Total 2 1 $ 3 $ 1
Weighted-average years added to the life     12 years 10 months 24 days 15 years 6 months
Term extension | Consumer | RV and marine        
Financing Receivable, Modified [Line Items]        
Total       $ 1
Term extension | Consumer | Other consumer        
Financing Receivable, Modified [Line Items]        
Total 0 0 $ 0 0
Payment deferral        
Financing Receivable, Modified [Line Items]        
Total 1 2 4 2
Payment deferral | Commercial | Commercial and industrial        
Financing Receivable, Modified [Line Items]        
Total 0 0 0 0
Payment deferral | Commercial | Commercial real estate        
Financing Receivable, Modified [Line Items]        
Total 0 0 0 0
Payment deferral | Consumer | Residential mortgage        
Financing Receivable, Modified [Line Items]        
Total 1 2 4 2
Payment deferral | Consumer | Automobile        
Financing Receivable, Modified [Line Items]        
Total 0 0 0 0
Payment deferral | Consumer | Home equity        
Financing Receivable, Modified [Line Items]        
Total 0 0 0 0
Payment deferral | Consumer | RV and marine        
Financing Receivable, Modified [Line Items]        
Total       0
Payment deferral | Consumer | Other consumer        
Financing Receivable, Modified [Line Items]        
Total 0 0 0 0
Combo - interest rate reduction and term extension        
Financing Receivable, Modified [Line Items]        
Total 58 5 64 11
Combo - interest rate reduction and term extension | Commercial | Commercial and industrial        
Financing Receivable, Modified [Line Items]        
Total 41 0 42 3
Combo - interest rate reduction and term extension | Commercial | Commercial real estate        
Financing Receivable, Modified [Line Items]        
Total 14 0 14 0
Combo - interest rate reduction and term extension | Consumer | Residential mortgage        
Financing Receivable, Modified [Line Items]        
Total 1 1 1 2
Combo - interest rate reduction and term extension | Consumer | Automobile        
Financing Receivable, Modified [Line Items]        
Total 0 1 1 1
Combo - interest rate reduction and term extension | Consumer | Home equity        
Financing Receivable, Modified [Line Items]        
Total 2 3 6 5
Combo - interest rate reduction and term extension | Consumer | RV and marine        
Financing Receivable, Modified [Line Items]        
Total       0
Combo - interest rate reduction and term extension | Consumer | Other consumer        
Financing Receivable, Modified [Line Items]        
Total $ 0 $ 0 $ 0 $ 0