Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Unaudited) (Parenthetical)

v3.25.1
Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Assets    
Loans held for sale, fair value $ 555 $ 652
Loans held for investment, fair value 175 173
Long-term debt, fair value $ 1,143 $ 821
Shareholders’ Equity    
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Net loans and leases [1] $ 130,242 $ 127,798
Long-term debt [1] 18,096 16,374
Other assets [1] 5,518 5,642
Other liabilities [1] 5,013 5,427
Consolidated VIE    
Net loans and leases 998 1,122
Long-term debt 911 1,023
Other assets 260 264
Other liabilities $ 98 $ 109
[1] Includes VIE balances in net loans and leases, other assets, long-term debt, and other liabilities of $998 million, $260 million, $911 million, and $98 million, respectively, at March 31, 2025, and $1.1 billion, $264 million, $1.0 billion, $109 million, respectively, at December 31, 2024. See Note 14 - “Variable Interest Entities” for additional information.