| Schedule of Accounts, Notes, Loans and Financing Receivable |
The following table presents the balances for held for investment loans by portfolio segment and held for sale loans. | | | | | | | | | | | | | | | | $ in millions | | June 30, 2025 | | September 30, 2024 | | SBL | | $ | 18,497 | | | $ | 16,233 | | | C&I loans | | 10,754 | | | 9,953 | | | CRE loans | | 7,777 | | | 7,615 | | | REIT loans | | 1,735 | | | 1,716 | | | Residential mortgage loans | | 9,976 | | | 9,412 | | | Tax-exempt loans | | 1,311 | | | 1,338 | | | Total loans held for investment | | 50,050 | | | 46,267 | | | Held for sale loans | | 255 | | | 184 | | | Total loans held for sale and investment | | 50,305 | | | 46,451 | | | Allowance for credit losses | | (465) | | | (457) | | Bank loans, net | | $ | 49,840 | | | $ | 45,994 | | | | | | | | ACL as a % of total loans held for investment | | 0.93 | % | | 0.99 | % | | Accrued interest receivable on bank loans (included in “Other receivables, net”) | | $ | 207 | | | $ | 214 | |
| | | | | | | | | | | | | | | | $ in millions | | June 30, 2025 | | September 30, 2024 | Affiliated with the firm as of period-end (1) | | $ | 1,527 | | | $ | 1,350 | | No longer affiliated with the firm as of period-end (2) | | 15 | | | 16 | | | Total loans to financial advisors | | 1,542 | | | 1,366 | | | Allowance for credit losses | | (42) | | | (40) | | | Loans to financial advisors, net | | $ | 1,500 | | | $ | 1,326 | | Accrued interest receivable on loans to financial advisors (included in “Other receivables, net”) | | $ | 11 | | | $ | 9 | | Allowance for credit losses as a percent of total loans to financial advisors | | 2.72 | % | | 2.93 | % |
(1)These loans were predominantly current. (2)These loans were on nonaccrual status and predominantly past due for a period of 180 days or more.
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