Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets (Parenthetical)

v3.25.0.1
Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets    
Loans held for sale, fair value $ 652 $ 506
Loans held for investment 173 174
Long-term debt, fair value $ 821 $ 0
Shareholders’ equity    
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Net loans and leases [1] $ 127,798 $ 119,727
Long-term debt [1] 16,374 12,394
Other assets [1] 5,642 5,150
Other liabilities [1] 5,427 5,726
Consolidated VIE    
Net loans and leases 1,122 0
Long-term debt 1,023 0
Other assets 264 82
Other liabilities $ 109 $ 57
[1] Includes VIE balances in net loans and leases, long-term debt, other assets, and other liabilities of $1.1 billion, $1.0 billion, $264 million, and $109 million, respectively, at December 31, 2024, and VIE balances in other assets, and other liabilities of $82 million and $57 million, at December 31, 2023, respectively. See Note 20 - “Variable Interest Entities” for additional information.