The ALLL is reported as a separate line item on the Consolidated Balance Sheets, while the reserve for off-balance sheet credit exposure of $228 million and $260 million at March 31, 2026 and December 31, 2025, respectively, is included in other liabilities. The provision or benefit for credit losses related to (i) loans and leases (ii) off-balance sheet credit exposure, and (iii) other receivables or investment securities available for sale, if any, is reported in the Consolidated Statements of Income as provision or benefit for credit losses.


dollars in millions	Three Months Ended March 31, 2026				Three Months Ended March 31, 2025
	Commercial		Consumer		Total		Commercial		Consumer		Total
Balance at beginning of period	$	1,436	$	130	$	1,566	$	1,518	$	158	$	1,676


Provision for loan and lease losses	97		6		103		138		10		148

Charge-offs	(123)		(9)		(132)		(159)		(8)		(167)
Recoveries	18		3		21		20		3		23

Balance at end of period	$	1,428	$	130	$	1,558	$	1,517	$	163	$	1,680

The decrease of $8 million in the ALLL at March 31, 2026 compared to December 31, 2025, was mainly driven by loan growth concentrated in capital call lines which have a significantly lower loss rate relative to our other loan portfolios, and changes in the macroeconomic scenarios, partially offset by higher reserves for individually evaluated loans.


dollars in millions	Three Months Ended March 31,
	2026		2025

Provision for loan and lease losses	$	103	$	148


(Benefit) provision for off-balance sheet credit exposure	(32)		6

Provision for other receivables	1		—
Provision for credit losses	$	72	$	154