v3.26.1
Credit Quality and the Allowance for Loan and Lease Losses (Tables)
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Summary of Transactions in the ALLL
The following tables summarize transactions in the ALLL by portfolio segment:
For the three months ended March 31, 2026 ($ in millions)
Commercial		Residential
Mortgage
Consumer
Total
Balance, beginning of period$1,186 109 958 2,253 
Losses charged-off(a)(b)
(77)— (110)(187)
Recoveries of losses previously charged-off(a)(b)
8 — 35 43 
Provision for (benefit from) loan and lease losses60 (7)99 152 
Allowance on PCD loans and leases at acquisition177 2 1 180 
Allowance on PSLs at acquisition466 4 11 481 
Balance, end of period$1,820 108 994 2,922 
(a)The Bancorp recorded $4 in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements.
(b)Excludes net charge-offs of $94 million which were taken immediately at the time of the Comerica acquisition.

For the three months ended March 31, 2025 ($ in millions)

Commercial
Residential
Mortgage

Consumer

Total
Balance, beginning of period$1,154 146 1,052 2,352 
Losses charged-off(a)
(67)— (106)(173)
Recoveries of losses previously charged-off(a)
3 — 34 37 
Provision for (benefit from) loan and lease losses151 (7)24 168 
Balance, end of period$1,241 139 1,004 2,384 
(a)The Bancorp recorded $6 in both losses charged-off and recoveries of losses previously charged-off related to customer defaults on point-of-sale consumer loans for which the Bancorp obtained recoveries under third-party credit enhancements.
Summary of the ALLL and Related Loans and Leases Classified by Portfolio Segment The following tables provide a summary of the ALLL and related loans and leases, classified by portfolio segment:
As of March 31, 2026 ($ in millions)
Commercial		Residential
Mortgage
Consumer
Total
ALLL:(a)
Individually evaluated$147 — 14 161 
Collectively evaluated1,673 108 980 2,761 
Total ALLL$1,820 108 994 2,922 
Portfolio loans and leases:(b)
Individually evaluated$492 143 106 741 
Collectively evaluated122,367 19,259 33,778 175,404 
Total portfolio loans and leases$122,859 19,402 33,884 176,145 
(a)Includes $2 related to commercial leveraged leases at March 31, 2026.
(b)Excludes $105 of residential mortgage loans measured at fair value and includes $238 of commercial leveraged leases, net of unearned income, at March 31, 2026.
As of December 31, 2025 ($ in millions)

Commercial
Residential
Mortgage

Consumer

Total
ALLL:(a)
Individually evaluated$178 — 15 193 
Collectively evaluated1,008 109 943 2,060 
Total ALLL$1,186 109 958 2,253 
Portfolio loans and leases:(b)
Individually evaluated$367 143 105 615 
Collectively evaluated73,195 17,403 31,332 121,930 
Total portfolio loans and leases$73,562 17,546 31,437 122,545 
(a)Includes $2 related to commercial leveraged leases at December 31, 2025.
(b)Excludes $106 of residential mortgage loans measured at fair value and includes $243 of commercial leveraged leases, net of unearned income, at December 31, 2025.
Loan and Leases Balances by Credit Quality Indicator
The following tables present the amortized cost basis of the Bancorp’s commercial portfolio segment, by class and vintage, disaggregated by credit risk rating:
As of March 31, 2026 ($ in millions) Term Loans and Leases by Origination YearRevolving and Other Loans
20262025202420232022PriorTotal
Commercial and industrial loans:
Pass$2,119 6,563 4,063 1,833 2,679 2,321 59,357 78,935 
Special mention27 95 135 62 58 46 1,354 1,777 
Substandard15 52 243 159 184 158 2,251 3,062 
Doubtful— — 1 — — — 89 90 
Total commercial and industrial loans$2,161 6,710 4,442 2,054 2,921 2,525 63,051 83,864 
Commercial mortgage owner-occupied loans:

Pass$583 1,843 1,109 1,060 1,395 2,099 3,228 11,317 
Special mention7 100 10 47 59 113 78 414 
Substandard6 126 55 61 70 75 136 529 
Doubtful— — — — — — — — 
Total commercial mortgage owner-occupied loans$596 2,069 1,174 1,168 1,524 2,287 3,442 12,260 
Commercial mortgage nonowner-occupied loans:

Pass$193 1,478 933 846 1,100 1,381 7,869 13,800 
Special mention5 1 21 5 11 24 373 440 
Substandard23 20 66 19 53 5 457 643 
Doubtful— — — — — — — — 
Total commercial mortgage nonowner-occupied loans$221 1,499 1,020 870 1,164 1,410 8,699 14,883 
Commercial construction loans:

Pass$— 37 — — — 27 7,267 7,331 
Special mention— — — 60 — — 538 598 
Substandard— — — — — — 400 400 
Doubtful— — — — — — — — 
Total commercial construction loans$— 37 — 60 — 27 8,205 8,329 
Commercial leases:

Pass$451 1,152 814 262 176 594 — 3,449 
Special mention— 5 22 — — — — 27 
Substandard8 3 14 12 3 7 — 47 
Doubtful— — — — — — — — 
Total commercial leases$459 1,160 850 274 179 601 — 3,523 
Total commercial loans and leases:
Pass$3,346 11,073 6,919 4,001 5,350 6,422 77,721 114,832 
Special mention39 201 188 174 128 183 2,343 3,256 
Substandard52 201 378 251 310 245 3,244 4,681 
Doubtful— — 1 — — — 89 90 
Total commercial loans and leases$3,437 11,475 7,486 4,426 5,788 6,850 83,397 122,859 
As of December 31, 2025 ($ in millions) Term Loans and Leases by Origination YearRevolving and Other Loans
20252024202320222021PriorTotal
Commercial and industrial loans:
Pass$3,359 2,040 861 1,829 832 553 40,015 49,489 
Special mention23 51 10 7 13 10 839 953 
Substandard57 89 92 138 42 28 1,743 2,189 
Doubtful— 1 — — 6 — 111 118 
Total commercial and industrial loans$3,439 2,181 963 1,974 893 591 42,708 52,749 
Commercial mortgage owner-occupied loans:
Pass$1,136 615 572 648 537 406 1,712 5,626 
Special mention24 4 28 16 14 3 72 161 
Substandard69 44 38 33 27 12 132 355 
Doubtful— — — — — — — — 
Total commercial mortgage owner-occupied loans$1,229 663 638 697 578 421 1,916 6,142 
Commercial mortgage nonowner-occupied loans:
Pass$824 542 486 638 109 419 2,628 5,646 
Special mention1 — — 19 — — 111 131 
Substandard20 63 16 42 — 24 144 309 
Doubtful— — — — — — — — 
Total commercial mortgage nonowner-occupied loans$845 605 502 699 109 443 2,883 6,086 
Commercial construction loans:
Pass$44 — — — 27 — 4,404 4,475 
Special mention— — — — — — 548 548 
Substandard— — — — — — 293 293 
Doubtful— — — — — — — — 
Total commercial construction loans$44 — — — 27 — 5,245 5,316 
Commercial leases:
Pass$1,255 858 266 198 173 472 — 3,222 
Special mention2 6 — — 1 — — 9 
Substandard1 15 11 3 5 3 — 38 
Doubtful— — — — — — — — 
Total commercial leases$1,258 879 277 201 179 475 — 3,269 
Total commercial loans and leases:
Pass$6,618 4,055 2,185 3,313 1,678 1,850 48,759 68,458 
Special mention50 61 38 42 28 13 1,570 1,802 
Substandard147 211 157 216 74 67 2,312 3,184 
Doubtful— 1 — — 6 — 111 118 
Total commercial loans and leases$6,815 4,328 2,380 3,571 1,786 1,930 52,752 73,562 

The following tables summarize the Bancorp’s gross charge-offs within the commercial portfolio segment, by class and vintage:
For the three months ended March 31, 2026
($ in millions)
Term Loans and Leases by Origination YearRevolving and Other Loans
20262025202420232022PriorTotal
Commercial loans and leases:
Commercial and industrial loans$— 1 — — — 6 70 77 
Commercial mortgage owner-occupied loans— — — — — — — — 
Commercial leases— — — — — — — — 
Total commercial loans and leases$— 1 — — — 6 70 77 
For the three months ended March 31, 2025
($ in millions)
Term Loans and Leases by Origination YearRevolving and Other Loans
20252024202320222021PriorTotal
Commercial loans and leases:
Commercial and industrial loans$— 6 4 1 — — 43 54 
Commercial mortgage owner-occupied loans— — — — — 11 — 11 
Commercial leases— — — — — 2 — 2 
Total commercial loans and leases$— 6 4 1 — 13 43 67 
The following tables present the amortized cost basis of the Bancorp’s residential mortgage and consumer portfolio segments, by class and vintage, disaggregated by both delinquency and performing versus nonperforming status:
As of March 31, 2026 ($ in millions)Term Loans by Origination YearRevolving LoansRevolving Loans Converted to Term Loans
20262025202420232022PriorTotal
Residential mortgage loans:
Performing:
Current(a)
$390 2,205 2,116 1,073 2,841 10,581 — — 19,206 
30-89 days past due— 1 8 1 2 18 — — 30 
90 days or more past due— — 1 — 1 4 — — 6 
Nonperforming— — 4 8 15 133 — — 160 
Total residential mortgage loans(b)
$390 2,206 2,129 1,082 2,859 10,736 — — 19,402 
Home equity:

Performing:

Current$38 188 129 46 26 72 5,933 166 6,598 
30-89 days past due— — — — — 1 30 2 33 
90 days or more past due— — — — — — — — — 
Nonperforming— — — 1 — 6 90 7 104 
Total home equity$38 188 129 47 26 79 6,053 175 6,735 
Indirect secured consumer loans:

Performing:









Current$2,362 7,032 3,915 1,687 1,791 1,340 — — 18,127 
30-89 days past due1 24 23 20 25 18 — — 111 
90 days or more past due— — — — — — — — — 
Nonperforming— 7 10 12 16 13 — — 58 
Total indirect secured consumer loans$2,363 7,063 3,948 1,719 1,832 1,371 — — 18,296 
Credit card:

Performing:
Current$— — — — — — 1,595 — 1,595 
30-89 days past due— — — — — — 16 — 16 
90 days or more past due— — — — — — 17 — 17 
Nonperforming— — — — — — 30 — 30 
Total credit card$— — — — — — 1,658 — 1,658 
Solar energy installation loans:

Performing:
Current$57 761 690 1,870 1,007 29 — — 4,414 
30-89 days past due— 2 4 12 7 — — — 25 
90 days or more past due— — — — — — — — — 
Nonperforming3 5 2 10 6 — — — 26 
Total solar energy installation loans$60 768 696 1,892 1,020 29 — — 4,465 
Other consumer loans:

Performing:

Current$97 315 168 270 391 523 923 21 2,708 
30-89 days past due— 3 2 2 7 3 — — 17 
90 days or more past due— — — — — — — — — 
Nonperforming1 — — 1 2 1 — — 5 
Total other consumer loans$98 318 170 273 400 527 923 21 2,730 
Total residential mortgage and consumer loans:
Performing:
Current$2,944 10,501 7,018 4,946 6,056 12,545 8,451 187 52,648 
30-89 days past due1 30 37 35 41 40 46 2 232 
90 days or more past due— — 1 — 1 4 17 — 23 
Nonperforming4 12 16 32 39 153 120 7 383 
Total residential mortgage and consumer loans(b)
$2,949 10,543 7,072 5,013 6,137 12,742 8,634 196 53,286 
(a)Information includes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the FHA or guaranteed by the VA. As of March 31, 2026, $63 of these loans were 30-89 days past due and $233 were 90 days or more past due. The Bancorp recognized losses of an immaterial amount during the three months ended March 31, 2026 due to claim denials and curtailments associated with these insured or guaranteed loans.
(b)Excludes $105 of residential mortgage loans measured at fair value at March 31, 2026, including $1 of 30-89 days past due loans, $1 of 90 days or more past due loans and $4 of nonperforming loans.
As of December 31, 2025 ($ in millions) Term Loans by Origination YearRevolving LoansRevolving Loans Converted to Term Loans
20252024202320222021PriorTotal
Residential mortgage loans:
Performing:
Current(a)
$1,871 2,047 897 2,649 4,095 5,800 — — 17,359 
30-89 days past due— 4 2 3 8 15 — — 32 
90 days or more past due— 2 1 — 3 4 — — 10 
Nonperforming— 3 7 14 17 104 — — 145 
Total residential mortgage loans(b)
$1,871 2,056 907 2,666 4,123 5,923 — — 17,546 
Home equity:
Performing:
Current$194 137 50 27 1 76 4,182 83 4,750 
30-89 days past due— — — — — 1 23 1 25 
90 days or more past due— — — — — — — — — 
Nonperforming— — 1 — — 5 61 4 71 
Total home equity$194 137 51 27 1 82 4,266 88 4,846 
Indirect secured consumer loans:
Performing:
Current$7,854 4,387 1,881 2,004 1,213 435 — — 17,774 
30-89 days past due23 26 24 31 17 8 — — 129 
90 days or more past due— — — — — — — — — 
Nonperforming4 10 12 19 11 5 — — 61 
Total indirect secured consumer loans$7,881 4,423 1,917 2,054 1,241 448 — — 17,964 
Credit card:
Performing:
Current$— — — — — — 1,683 — 1,683 
30-89 days past due— — — — — — 18 — 18 
90 days or more past due— — — — — — 17 — 17 
Nonperforming— — — — — — 29 — 29 
Total credit card$— — — — — — 1,747 — 1,747 
Solar energy installation loans:

Performing:
Current$814 724 1,914 1,030 1 29 — — 4,512 
30-89 days past due1 4 14 7 — — — — 26 
90 days or more past due— — — — — — — — — 
Nonperforming1 2 11 7 — 1 — — 22 
Total solar energy installation loans$816 730 1,939 1,044 1 30 — — 4,560 
Other consumer loans:
Performing:
Current$248 104 245 377 139 204 957 22 2,296 
30-89 days past due1 1 3 5 2 2 1 1 16 
90 days or more past due— — — — — — — — — 
Nonperforming— — 2 3 — — 2 1 8 
Total other consumer loans$249 105 250 385 141 206 960 24 2,320 
Total residential mortgage and consumer loans:
Performing:
Current$10,981 7,399 4,987 6,087 5,449 6,544 6,822 105 48,374 
30-89 days past due25 35 43 46 27 26 42 2 246 
90 days or more past due— 2 1 — 3 4 17 — 27 
Nonperforming5 15 33 43 28 115 92 5 336 
Total residential mortgage and consumer loans(b)
$11,011 7,451 5,064 6,176 5,507 6,689 6,973 112 48,983 
(a)Information includes advances made pursuant to servicing agreements for GNMA mortgage pools whose repayments are insured by the FHA or guaranteed by the VA. As of December 31, 2025, $83 of these loans were 30-89 days past due and $195 were 90 days or more past due. The Bancorp recognized an immaterial amount of losses during the three months ended March 31, 2025 due to claim denials and curtailments associated with these insured or guaranteed loans.
(b)Excludes $106 of residential mortgage loans measured at fair value at December 31, 2025, including $2 of 30-89 days past due loans and $4 of nonperforming loans.
The following tables summarize the Bancorp’s gross charge-offs within the residential mortgage and consumer portfolio segments, by class and vintage:
For the three months ended March 31, 2026
($ in millions)
Term Loans by Origination YearRevolving LoansRevolving Loans Converted to Term Loans
20262025202420232022PriorTotal
Consumer loans:
Home equity$— — — — — — 2 — 2 
Indirect secured consumer loans— 7 8 8 12 5 — — 40 
Credit card— — — — — — 19 — 19 
Solar energy installation loans— 2 4 13 7 — — — 26 
Other consumer loans— 1 1 3 5 4 9 — 23 
Total residential mortgage and consumer loans$— 10 13 24 24 9 30 — 110 

For the three months ended March 31, 2025
($ in millions)
Term Loans by Origination YearRevolving LoansRevolving Loans Converted to Term Loans
20252024202320222021PriorTotal
Consumer loans:
Home equity$— — — — — — 2 — 2 
Indirect secured consumer loans— 6 11 12 4 3 — — 36 
Credit card— — — — — — 22 — 22 
Solar energy installation loans— 3 11 7 — — — — 21 
Other consumer loans— 1 4 7 2 3 8 — 25 
Total residential mortgage and consumer loans$— 10 26 26 6 6 32 — 106 
Financing Receivable, Past Due
The following tables summarize the Bancorp’s amortized cost basis in portfolio commercial loans and leases, by age and class:
Current
Loans and
Leases(a)
Past DueTotal Loans
and Leases		90 Days Past
Due and Still
Accruing
As of March 31, 2026 ($ in millions)
30-89
Days(a)
90 Days
or More(a)
Total
Past Due
Commercial loans and leases:
Commercial and industrial loans$83,403 322 139 461 83,864 3 
Commercial mortgage owner-occupied loans12,193 58 9 67 12,260 — 
Commercial mortgage nonowner-occupied loans14,788 71 24 95 14,883 19 
Commercial construction loans8,280 47 2 49 8,329 2 
Commercial leases3,516 6 1 7 3,523 1 
Total portfolio commercial loans and leases$122,180 504 175 679 122,859 25 
(a)Includes accrual and nonaccrual loans and leases.

Current
Loans and
Leases(a)
Past DueTotal Loans
and Leases		90 Days Past
Due and Still
Accruing
As of December 31, 2025 ($ in millions)
30-89
Days(a)
90 Days
or More(a)
Total
Past Due
Commercial loans and leases:
Commercial and industrial loans$52,481 173 95 268 52,749 2 
Commercial mortgage owner-occupied loans6,127 3 12 15 6,142 — 
Commercial mortgage nonowner-occupied loans6,083 1 2 3 6,086 — 
Commercial construction loans5,315 — 1 1 5,316 1 
Commercial leases3,258 11 — 11 3,269 — 
Total portfolio commercial loans and leases$73,264 188 110 298 73,562 3 
(a)Includes accrual and nonaccrual loans and leases.
Summary of the Amortized Cost Basis of the Bancorp's Collateral Dependent Loans
The following table presents the amortized cost basis of the Bancorp’s collateral-dependent loans and leases, by portfolio class, as of:
($ in millions)March 31,
2026		December 31,
2025
Commercial loans and leases:
Commercial and industrial loans$350 322 
Commercial mortgage owner-occupied loans68 19 
Commercial mortgage nonowner-occupied loans12 5 
Commercial construction loans62 — 
Total commercial loans and leases$492 346 
Residential mortgage loans143 143 
Consumer loans:
Home equity70 70 
Indirect secured consumer loans36 35 
Total consumer loans$106 105 
Total portfolio loans and leases$741 594 
Summary of the Bancorp's Nonperforming Loans and Leases by Class
The following table presents the amortized cost basis of the Bancorp’s nonaccrual loans and leases, by class, and OREO and other repossessed property as of:
March 31, 2026December 31, 2025
 ($ in millions)With an ALLLNo Related
ALLL		TotalWith an ALLLNo Related
ALLL		Total
Commercial loans and leases:
Commercial and industrial loans$366 51 417 350 43 393 
Commercial mortgage owner-occupied loans50 30 80 16 13 29 
Commercial mortgage nonowner-occupied loans12 2 14 5 — 5 
Commercial construction loans— 62 62 — — — 
Total nonaccrual portfolio commercial loans and leases$428 145 573 371 56 427 
Residential mortgage loans84 80 164 69 80 149 
Consumer loans:
Home equity53 51 104 23 48 71 
Indirect secured consumer loans49 9 58 52 9 61 
Credit card30 — 30 29 — 29 
Solar energy installation loans26 — 26 22 — 22 
Other consumer loans5 — 5 8 — 8 
Total nonaccrual portfolio consumer loans$163 60 223 134 57 191 
Total nonaccrual portfolio loans and leases(a)(b)
$675 285 960 574 193 767 
OREO and other repossessed property— 39 39 — 30 30 
Total nonperforming portfolio assets(a)(b)
$675 324 999 574 223 797 
(a)Excludes $141 and $70 of nonaccrual loans held for sale as of March 31, 2026 and December 31, 2025, respectively.
(b)Includes $38 and $21 of nonaccrual government-insured commercial loans whose repayments are insured by the SBA as of March 31, 2026 and December 31, 2025, respectively.
Summary of Loan Modifications
The following tables present the amortized cost basis as of March 31, 2026 and 2025 of the Bancorp’s commercial portfolio loans that were modified for borrowers experiencing financial difficulty, by portfolio class and type of modification:
For the three months ended March 31, 2026
($ in millions)
Term ExtensionTerm Extension and Payment DelayPayment DelayOtherTotal% of Total Class
Commercial and industrial loans$258 12 — 19 289 0.34 
Commercial mortgage owner-occupied loans9 — — — 9 0.07 
Commercial mortgage nonowner-occupied loans3 1 — — 4 0.03 
Commercial construction loans32 — — — 32 0.38 
Total commercial portfolio loans$302 13 — 19 334 0.28 

For the three months ended March 31, 2025
($ in millions)
Term ExtensionTerm Extension and Payment DelayPayment DelayOtherTotal% of Total Class
Commercial and industrial loans$50 6 65 — 121 0.23 
Commercial mortgage owner-occupied loans5 24 — — 29 0.47 
Commercial mortgage nonowner-occupied loans24 — — — 24 0.39 
Commercial construction loans8 — 42 — 50 0.84 
Total commercial portfolio loans$87 30 107 — 224 0.31 
The following table presents the financial effects of the Bancorp’s significant types of commercial portfolio loan modifications to borrowers experiencing financial difficulty, by portfolio class:
For the three months ended
March 31,
Financial Effects20262025
Commercial and industrial loansWeighted-average length of term extensions8 months6 months
Weighted-average length of payment delay4 months4 months
Commercial mortgage owner-occupied loansWeighted-average length of term extensions3 months9 months
Weighted-average length of payment delayN/A10 months
Commercial mortgage nonowner-occupied loansWeighted-average length of term extensions11 months4 months
Weighted-average length of payment delay3 monthsN/A
Commercial construction loansWeighted-average length of term extensions9 months13 months
Weighted-average length of payment delayN/A7 months
The following table presents the amortized cost basis as of March 31, 2026 and 2025 of the Bancorp’s residential mortgage portfolio loans that were modified for borrowers experiencing financial difficulty, by type of modification:
March 31, 2026March 31, 2025
For the three months ended ($ in millions)Total% of Total ClassTotal% of Total Class
Term extension and payment delay$10 0.05 $16 0.09 
Term extension, interest rate reduction and payment delay6 0.03 2 0.01 
Total residential mortgage portfolio loans$16 0.08 $18 0.10 
The following tables present the amortized cost basis as of March 31, 2026 and 2025 of the Bancorp’s consumer portfolio loans that were modified for borrowers experiencing financial difficulty, by portfolio class and type of modification:
For the three months ended March 31, 2026 ($ in millions)
Interest Rate ReductionPayment DelayOtherTotal% of Total Class
Home equity$— — 5 5 0.07 
Credit card6 — — 6 0.36 
Solar energy installation loans— — — — — 
Other consumer loans— 1 — 1 0.04 
Total consumer portfolio loans$6 1 5 12 0.04 

For the three months ended March 31, 2025 ($ in millions)
Interest Rate ReductionPayment DelayOtherTotal% of Total Class
Home equity$1 — 3 4 0.09 
Credit card6 — — 6 0.36 
Solar energy installation loans— 1 — 1 0.02 
Other consumer loans— 1 — 1 0.04 
Total consumer portfolio loans$7 2 3 12 0.04 
Financing Receivable, Modified, Past Due
The following tables present the amortized cost basis as of March 31, 2026 and 2025 for the Bancorp’s commercial portfolio loans that were modified during the twelve months ended March 31, 2026 and 2025, respectively, for borrowers experiencing financial difficulty, by age and portfolio class:
March 31, 2026 ($ in millions)
Past Due
Current30-89 Days90 Days or MoreTotal
Commercial and industrial loans$361 11 27 399 
Commercial mortgage owner-occupied loans39 — — 39 
Commercial mortgage nonowner-occupied loans88 1 — 89 
Commercial construction loans69 31 — 100 
Total commercial portfolio loans$557 43 27 627 
March 31, 2025 ($ in millions)
Past Due
Current30-89 Days90 Days or MoreTotal
Commercial and industrial loans$213 6 33 252 
Commercial mortgage owner-occupied loans66 — 24 90 
Commercial mortgage nonowner-occupied loans72 — — 72 
Commercial construction loans107 1 — 108 
Total commercial portfolio loans$458 7 57 522 
Summary of Amortized Cost Basis of Modifications to Borrowers Experiencing Financial Difficulty That Subsequently Defaulted and Were Within Twelve Months of the Modification Date The following tables present the amortized cost basis of commercial portfolio loans as of March 31, 2026 and 2025 of the modifications for borrowers experiencing financial difficulty that subsequently defaulted during the three months ended March 31, 2026 and 2025, respectively, and were within twelve months of the modification date:
March 31, 2026 ($ in millions)
Term ExtensionPayment DelayTerm Extension and Payment DelayTotal
Commercial and industrial loans$23 — — 23 
Commercial mortgage owner-occupied loans— — — — 
Total commercial portfolio loans$23 — — 23 

March 31, 2025 ($ in millions)
Term ExtensionPayment DelayTerm Extension and Payment DelayTotal
Commercial and industrial loans$— 11 6 17 
Commercial mortgage owner-occupied loans— — 24 24 
Total commercial portfolio loans$— 11 30 41