v3.26.1
Loans And The Allowance For Credit Losses
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Loans And The Allowance For Credit Losses
NOTE 4. LOANS AND THE ALLOWANCE FOR CREDIT LOSSES
LOANS
The following table presents the distribution of Regions' loan portfolio by segment and class, net of unearned income:
June 30, 2026December 31, 2025
(In millions)
Commercial and industrial$51,841 $48,790 
Commercial real estate mortgage—owner-occupied5,127 4,845 
Commercial real estate construction—owner-occupied267 263 
Total commercial57,235 53,898 
Commercial investor real estate mortgage7,896 7,172 
Commercial investor real estate construction2,073 1,934 
Total investor real estate9,969 9,106 
Residential first mortgage19,498 19,765 
Home equity lines3,241 3,232 
Home equity loans2,263 2,324 
Consumer credit card1,498 1,519 
Other consumer5,496 5,793 
Total consumer31,996 32,633 
Total loans, net of unearned income$99,200 $95,637 
ALLOWANCE FOR CREDIT LOSSES
Regions determines the appropriate level of the allowance on a quarterly basis. Refer to Note 1 "Summary of Significant Accounting Policies" in the Annual Report on Form 10-K for the year ended December 31, 2025 for a description of the methodology.
ROLLFORWARD OF ALLOWANCE FOR CREDIT LOSSES
The following tables present analyses of the allowance for credit losses by portfolio segment for the three and six months ended June 30, 2026 and 2025.
Three Months Ended June 30, 2026
CommercialInvestor Real
Estate		ConsumerTotal
(In millions)
Allowance for loan losses, April 1, 2026$781 $108 $638 $1,527 
Provision for loan losses17 2 45 64 
Loan losses:
Charge-offs(67)— (56)(123)
Recoveries9 — 12 21 
Net loan losses(58)— (44)(102)
Allowance for loan losses, June 30, 2026740 110 639 1,489 
Reserve for unfunded credit commitments, April 1, 202687 14 19 120 
Provision for unfunded credit commitments1 1 2 4 
Reserve for unfunded credit commitments, June 30, 202688 15 21 124 
Allowance for credit losses, June 30, 2026$828 $125 $660 $1,613 
Three Months Ended June 30, 2025
CommercialInvestor Real
Estate		ConsumerTotal
(In millions)
Allowance for loan losses, April 1, 2025$745 $236 $632 $1,613 
Provision for loan losses62 — 50 112 
Loan losses:
Charge-offs(70)(2)(61)(133)
Recoveries10 — 10 20 
Net loan losses(60)(2)(51)(113)
Allowance for loan losses, June 30, 2025747 234 631 1,612 
Reserve for unfunded credit commitments April 1, 202591 8 18 117 
Provision for unfunded credit commitments8 5 1 14 
Reserve for unfunded credit commitments, June 30, 202599 13 19 131 
Allowance for credit losses, June 30, 2025$846 $247 $650 $1,743 
Six Months Ended June 30, 2026
CommercialInvestor Real
Estate		ConsumerTotal
(In millions)
Allowance for loan losses, January 1, 2026$755 $120 $681 $1,556 
Provision for (benefit from) loan losses122 (10)53 165 
Loan losses:
Charge-offs(155)— (119)(274)
Recoveries18 — 24 42 
Net loan losses(137)— (95)(232)
Allowance for loan losses, June 30, 20267401106391,489
Reserve for unfunded credit commitments, January 1, 202695 15 20 130 
Provision for (benefit from) unfunded credit losses(7)— 1 (6)
Reserve for unfunded credit commitments, June 30, 202688 15 21 124 
Allowance for credit losses, June 30, 2026$828 $125 $660 $1,613 
Six Months Ended June 30, 2025
CommercialInvestor Real
Estate		ConsumerTotal
(In millions)
Allowance for loan losses, January 1, 2025$743 $240 $630 $1,613 
Provision for loan losses111 18 106 235 
Loan losses:
Charge-offs(129)(24)(125)(278)
Recoveries22 — 20 42 
Net loan losses(107)(24)(105)(236)
Allowance for loan losses, June 30, 20257472346311,612
Reserve for unfunded credit commitments, January 1, 202591 7 18 116 
Provision for unfunded credit losses8 6 1 15 
Reserve for unfunded credit commitments, June 30, 202599 13 19 131 
Allowance for credit losses, June 30, 2025$846 $247 $650 $1,743 
PORTFOLIO SEGMENT RISK FACTORS
Regions' portfolio segments are commercial, investor real estate, and consumer. Classes within each segment present unique credit risks. Refer to Note 5 "Allowance for Credit Losses" in the Annual Report on Form 10-K for the year ended December 31, 2025 for information regarding Regions' portfolio segments and related classes, as well as the risks specific to each.
CREDIT QUALITY INDICATORS
The commercial and investor real estate portfolio segments' primary credit quality indicator is internal risk ratings which are detailed by categories related to underlying credit quality and probability of default. Regions assigns these risk ratings at loan origination and reviews the relationship utilizing a risk-based approach on, at minimum, an annual basis or at any time management becomes aware of information affecting the borrowers' ability to fulfill their obligations. Both quantitative and qualitative factors are considered in this review process. Refer to Note 5 "Allowance for Credit Losses" in the Annual Report on Form 10-K for the year ended December 31, 2025 for information regarding commercial risk ratings.
Regions' consumer portfolio segment has various classes that present unique credit risks. Regions considers factors such as periodic updates of FICO scores, accrual status, days past due status, unemployment rates, home prices, and geography as credit quality indicators for the consumer loan portfolio. FICO scores are obtained at origination as part of Regions' formal underwriting process. Refreshed FICO scores are obtained by the Company quarterly for most consumer loans, including residential first mortgage loans. Current FICO data is not available for certain loans in the portfolio for various reasons; for example, if customers do not use sufficient credit, an updated score may not be available. These categories are utilized to develop the associated allowance for credit losses. The higher the FICO score the less probability of default and vice versa.
The following tables present applicable credit quality indicators for the loan portfolio segments and classes, excluding loans held for sale, by vintage year as of June 30, 2026 and December 31, 2025 and gross charge-offs by vintage year for the year to date periods ended June 30, 2026 and 2025. Regions defines the vintage date for the purposes of disclosure as the date of the most recent credit decision. In general, renewals that are categorized as new credit decisions reflect the renewal date as the vintage date. Classes in the commercial and investor real estate portfolio segments are disclosed by risk rating. Classes in the consumer portfolio segment are disclosed by current FICO scores. Refer to Note 5 "Allowance for Credit Losses" in the Annual Report on Form 10-K for the year ended December 31, 2025 for more information regarding Regions' credit quality indicators.
June 30, 2026
Term LoansRevolving Loans Revolving Loans Converted to Amortizing
Other (1)
Total
20262025202420232022Prior
(In millions)
Commercial and industrial:
Risk rating:
   Pass$5,459 $8,837 $4,646 $2,068 $2,662 $4,667 $21,935 $— $(189)$50,085 
   Special Mention18 43 49 73 122 18 220 — — 543 
   Substandard Accrual51 169 17 166 65 9 324 — — 801 
   Non-accrual62 45 42 70 20 34 139 — — 412 
Total commercial and industrial$5,590 $9,094 $4,754 $2,377 $2,869 $4,728 $22,618 $— $(189)$51,841 
June 30, 2026
Term LoansRevolving Loans Revolving Loans Converted to Amortizing
Other (1)
Total
20262025202420232022Prior
(In millions)
Commercial real estate mortgage—owner-occupied:
Risk rating:
   Pass$508 $762 $665 $505 $665 $1,438 $178 $— $(6)$4,715 
   Special Mention17 22 18 23 32 76 1 — — 189 
   Substandard Accrual4 52 15 13 29 45 4 — — 162 
   Non-accrual8 — 8 10 8 25 2 — — 61 
Total commercial real estate mortgage—owner-occupied:$537 $836 $706 $551 $734 $1,584 $185 $— $(6)$5,127 
Commercial real estate construction—owner-occupied:
Risk rating:
   Pass$31 $70 $27 $6 $28 $56 $13 $— $— $231 
   Special Mention— — 7 6 5 5 — — — 23 
   Substandard Accrual— 6 — 5 — — — — — 11 
   Non-accrual— — — 2 — — — — — 2 
Total commercial real estate construction—owner-occupied:$31 $76 $34 $19 $33 $61 $13 $— $— $267 
Total commercial$6,158 $10,006 $5,494 $2,947 $3,636 $6,373 $22,816 $— $(195)$57,235 
Commercial investor real estate mortgage:
Risk rating:
   Pass$1,917 $2,112 $910 $535 $577 $229 $611 $— $(8)$6,883 
   Special Mention54 43 32 47 55 1 6 — — 238 
   Substandard Accrual164 84 — 35 315 39 11 — — 648 
   Non-accrual31 41 25 — 24 1 5 — — 127 
Total commercial investor real estate mortgage$2,166 $2,280 $967 $617 $971 $270 $633 $— $(8)$7,896 
Commercial investor real estate construction:
Risk rating:
   Pass$220 $511 $313 $151 $— $1 $735 $— $(11)$1,920 
   Special Mention1 2 15 24 71 — 13 — — 126 
   Substandard Accrual— — — 16 — — 11 — — 27 
   Non-accrual— — — — — — — — — — 
Total commercial investor real estate construction$221 $513 $328 $191 $71 $1 $759 $— $(11)$2,073 
Total investor real estate$2,387 $2,793 $1,295 $808 $1,042 $271 $1,392 $— $(19)$9,969 
Residential first mortgage:
FICO scores:
   Above 720$736 $1,328 $1,014 $1,567 $2,374 $9,077 $— $— $— $16,096 
   681-72048 86 76 122 188 659 — — — 1,179 
   620-68015 48 39 75 108 484 — — — 769 
   Below 6201 27 60 102 170 695 — — — 1,055 
   Data not available25 42 26 13 10 115 3 — 165 399 
Total residential first mortgage$825 $1,531 $1,215 $1,879 $2,850 $11,030 $3 $— $165 $19,498 
Home equity lines:
FICO scores:
   Above 720$— $— $— $— $— $— $2,464 $60 — $2,524 
   681-720— — — — — — 342 14 — 356 
   620-680— — — — — — 192 14 — 206 
   Below 620— — — — — — 113 10 — 123 
   Data not available— — — — — — — — 32 32 
Total home equity lines$— $— $— $— $— $— $3,111 $98 $32 $3,241 
June 30, 2026
Term LoansRevolving Loans Revolving Loans Converted to Amortizing
Other (1)
Total
20262025202420232022Prior
(In millions)
Home equity loans:
FICO scores:
   Above 720$156 $294 $219 $177 $234 $667 $— $— $— $1,747 
   681-72028 47 40 28 31 75 — — — 249 
   620-68010 21 20 18 19 64 — — — 152 
   Below 6201 6 11 14 16 53 — — — 101 
   Data not available— — — — — — — — 14 14 
Total home equity loans$195 $368 $290 $237 $300 $859 $— $— $14 $2,263 
Consumer credit card:
FICO scores:
Above 720$— $— $— $— $— $— $855 $— $— $855 
681-720— — — — — — 286 — — 286 
620-680— — — — — — 251 — — 251 
Below 620— — — — — — 124 — — 124 
Data not available— — — — — — 5 — (23)(18)
Total consumer credit card$— $— $— $— $— $— $1,521 $— $(23)$1,498 
Other consumer(2):
FICO scores:
   Above 720$318 $571 $515 $717 $1,058 $616 $111 $— $— $3,906 
   681-72051 106 87 115 185 106 60 — — 710 
   620-68025 59 50 69 138 78 49 — — 468 
   Below 6205 20 25 40 90 50 29 — — 259 
   Data not available62 4 3 4 11 134 — — (65)153 
Total other consumer$461 $760 $680 $945 $1,482 $984 $249 $— $(65)$5,496 
Total consumer loans$1,481 $2,659 $2,185 $3,061 $4,632 $12,873 $4,884 $98 $123 $31,996 
Total Loans$10,026 $15,458 $8,974 $6,816 $9,310 $19,517 $29,092 $98 $(91)$99,200 

December 31, 2025
Term LoansRevolving Loans Revolving Loans Converted to Amortizing
Other (1)
Total
20252024202320222021Prior
(In millions)
Commercial and industrial:
Risk rating:
   Pass$9,993 $5,700 $2,683 $3,593 $1,866 $3,540 $19,167 $— $254 $46,796 
   Special Mention70 29 107 133 40 9 190 — — 578 
   Substandard Accrual159 30 184 137 5 13 414 — — 942 
   Non-accrual49 88 118 36 17 27 139 — — 474 
Total commercial and industrial$10,271 $5,847 $3,092 $3,899 $1,928 $3,589 $19,910 $— $254 $48,790 
Commercial real estate mortgage—owner-occupied:
Risk rating:
   Pass$756 $706 $589 $735 $662 $1,000 $112 $— $(5)$4,555 
   Special Mention4 18 7 28 29 18 1 — — 105 
   Substandard Accrual39 13 14 15 30 27 2 — — 140 
   Non-accrual1 4 2 10 12 16 — — — 45 
Total commercial real estate mortgage—owner-occupied:$800 $741 $612 $788 $733 $1,061 $115 $— $(5)$4,845 
December 31, 2025
Term LoansRevolving Loans Revolving Loans Converted to Amortizing
Other (1)
Total
20252024202320222021Prior
Commercial real estate construction—owner-occupied:
Risk rating:
   Pass$75 $24 $29 $29 $23 $45 $14 $— $— $239 
   Special Mention— 7 — 7 — 2 — — — 16 
   Substandard Accrual6 — — — — — — — — 6 
   Non-accrual— 1 — — — 1 — — — 2 
Total commercial real estate construction—owner-occupied:$81 $32 $29 $36 $23 $48 $14 $— $— $263 
Total commercial$11,152 $6,620 $3,733 $4,723 $2,684 $4,698 $20,039 $— $249 $53,898 
Commercial investor real estate mortgage:
Risk rating:
   Pass$2,802 $806 $637 $960 $309 $180 $531 $— $(6)$6,219 
   Special Mention144 — 59 135 1 1 — — — 340 
   Substandard Accrual251 — 22 109 93 — 17 — — 492 
   Non-accrual— 49 — 27 — 4 41 — — 121 
Total commercial investor real estate mortgage$3,197 $855 $718 $1,231 $403 $185 $589 $— $(6)$7,172 
Commercial investor real estate construction:
Risk rating:
   Pass$321 $446 $276 $162 $— $1 $660 $— $(13)$1,853 
   Special Mention2 4 — — — — 18 — — 24 
   Substandard Accrual— — — 42 — — 15 — — 57 
   Non-accrual— — — — — — — — — — 
Total commercial investor real estate construction$323 $450 $276 $204 $— $1 $693 $— $(13)$1,934 
Total investor real estate$3,520 $1,305 $994 $1,435 $403 $186 $1,282 $— $(19)$9,106 
Residential first mortgage:
FICO scores:
   Above 720$1,270 $1,161 $1,734 $2,507 $3,690 $5,934 $— $— $— $16,296 
   681-72094 85 147 203 243 469 — — — 1,241 
   620-68044 47 74 122 149 359 — — — 795 
   Below 62013 46 104 164 163 545 — — — 1,035 
   Data not available49 26 15 13 33 92 2 — 168 398 
Total residential first mortgage$1,470 $1,365 $2,074 $3,009 $4,278 $7,399 $2 $— $168 $19,765 
Home equity lines:
FICO scores:
   Above 720$— $— $— $— $— $— $2,443 $61 — $2,504 
   681-720— — — — — — 346 14 — 360 
   620-680— — — — — — 198 12 — 210 
   Below 620— — — — — — 117 9 — 126 
   Data not available— — — — — — — — 32 32 
Total home equity lines$— $— $— $— $— $— $3,104 $96 $32 $3,232 
Home equity loans:
FICO scores:
   Above 720$326 $254 $204 $255 $272 $488 $— $— $— $1,799 
   681-72053 46 32 39 31 57 — — — 258 
   620-68019 22 18 21 21 50 — — — 151 
   Below 6203 9 14 16 16 43 — — — 101 
   Data not available— — — — — — — — 15 15 
Total home equity loans$401 $331 $268 $331 $340 $638 $— $— $15 $2,324 
December 31, 2025
Term LoansRevolving Loans Revolving Loans Converted to Amortizing
Other (1)
Total
20252024202320222021Prior
Consumer credit card:
FICO scores:
Above 720$— $— $— $— $— $— $874 $— $— $874 
681-720— — — — — — 286 — — 286 
620-680— — — — — — 246 — — 246 
Below 620— — — — — — 125 — — 125 
Data not available— — — — — — 6 — (18)(12)
Total consumer credit card$— $— $— $— $— $— $1,537 $— $(18)$1,519 
Other consumer(2):
FICO scores:
   Above 720$717 $611 $802 $1,133 $340 $346 $113 $— $— $4,062 
   681-720123 103 133 210 66 57 62 — — 754 
   620-68065 61 79 152 50 40 49 — — 496 
   Below 62016 27 46 104 33 26 31 — — 283 
   Data not available112 2 4 11 6 138 — — (75)198 
Total other consumer$1,033 $804 $1,064 $1,610 $495 $607 $255 $— $(75)$5,793 
Total consumer loans$2,904 $2,500 $3,406 $4,950 $5,113 $8,644 $4,898 $96 $122 $32,633 
Total Loans$17,576 $10,425 $8,133 $11,108 $8,200 $13,528 $26,219 $96 $352 $95,637 
________
(1)Other consists of amounts that are not accounted for at the loan level.
(2)Other consumer class includes overdrafts which are included in the current vintage year.
The following tables present gross charge-offs by vintage year for the six months ended June 30, 2026 and 2025.
June 30, 2026
Term LoansRevolving LoansTotal
20262025202420232022Prior
(In millions)
Commercial and industrial$11 $31 $20 $39 $13 $7 $33 $154 
Commercial real estate mortgage—owner-occupied— — — — — 1 — $1 
Total commercial11 31 20 39 13 8 33 155 
Residential first mortgage— — — — 1 — — 1 
Home equity lines— — — — — — 2 2 
Consumer credit card— — — — — — 36 36 
Other consumer(1)
15 13 7 9 18 12 6 80 
Total consumer15 13 7 9 19 12 44 119 
Total gross charge-offs$26 $44 $27 $48 $32 $20 $77 $274 
June 30, 2025
Term LoansRevolving LoansTotal
20252024202320222021Prior
(In millions)
Commercial and industrial$— $16 $19 $38 $5 $2 $47 $127 
Commercial real estate mortgage—owner-occupied— — — — 1 1 — 2 
Total commercial— 16 19 38 6 3 47 129 
Commercial investor real estate mortgage— 8 12 — — 4 — 24 
Total investor real estate— 8 12 — — 4 — 24 
Residential first mortgage— — — 1 — — — 1 
Home equity lines— — — — — — 1 1 
Consumer credit card— — — — — — 34 34 
Other consumer(1)
14 15 14 23 9 9 5 89 
Total consumer14 15 14 24 9 9 40 125 
Total gross charge-offs$14 $39 $45 $62 $15 $16 $87 $278 
______
(1)Other consumer class includes overdraft gross charge-offs. The majority of overdraft gross charge-offs for the six months ended June 30, 2026 and 2025 are included in the current vintage year.
AGING AND NON-ACCRUAL ANALYSIS
The following tables include an aging analysis of DPD and loans on non-accrual status for each portfolio segment and class as of June 30, 2026 and December 31, 2025. Loans on non-accrual status with no related allowance totaled $114 million at June 30, 2026 and were comprised of commercial and investor real estate loans, and totaled $109 million at December 31, 2025 and were comprised of commercial loans. Non–accrual loans with no related allowance typically include loans where the underlying collateral is deemed sufficient to recover all remaining principal. Loans that have been fully charged-off do not appear in the tables below.
June 30, 2026
Accrual Loans
30-59 DPD60-89 DPD90+ DPDTotal
30+ DPD		Total
Accrual		Non-accrualTotal
(In millions)
Commercial and industrial$45 $16 $4 $65 $51,429 $412 $51,841 
Commercial real estate mortgage—owner-occupied12 3 1 16 5,066 61 5,127 
Commercial real estate construction—owner-occupied— — — — 265 2 267 
Total commercial57 19 5 81 56,760 475 57,235 
Commercial investor real estate mortgage38 — — 38 7,769 127 7,896 
Commercial investor real estate construction— — — — 2,073 — 2,073 
Total investor real estate38 — — 38 9,842 127 9,969 
Residential first mortgage113 68 191 372 19,465 33 19,498 
Home equity lines15 7 13 35 3,216 25 3,241 
Home equity loans9 5 8 22 2,255 8 2,263 
Consumer credit card12 8 21 41 1,498 — 1,498 
Other consumer43 21 20 84 5,496 — 5,496 
Total consumer192 109 253 554 31,930 66 31,996 
$287 $128 $258 $673 $98,532 $668 $99,200 
 
December 31, 2025
Accrual Loans
30-59 DPD60-89 DPD90+ DPDTotal
30+ DPD		Total
Accrual		Non-accrualTotal
(In millions)
Commercial and industrial$39 $16 $6 $61 $48,316 $474 $48,790 
Commercial real estate mortgage—owner-occupied4 2 — 6 4,800 45 4,845 
Commercial real estate construction—owner-occupied— — — — 261 2 263 
Total commercial43 18 6 67 53,377 521 53,898 
Commercial investor real estate mortgage— — — — 7,051 121 7,172 
Commercial investor real estate construction— — — — 1,934 — 1,934 
Total investor real estate— — — — 8,985 121 9,106 
Residential first mortgage128 82 184 394 19,740 25 19,765 
Home equity lines19 6 15 40 3,208 24 3,232 
Home equity loans11 4 8 23 2,317 7 2,324 
Consumer credit card12 10 22 44 1,519 — 1,519 
Other consumer51 24 24 99 5,793 — 5,793 
Total consumer221 126 253 600 32,577 56 32,633 
$264 $144 $259 $667 $94,939 $698 $95,637 
At June 30, 2026 and December 31, 2025, the Company had collateral-dependent commercial loans of $249 million and $337 million, respectively. At June 30, 2026 and December 31, 2025, the Company had collateral-dependent investor real estate loans of $122 million and $121 million, respectively. The collateral for commercial and investor real estate loans generally consists of all business assets including real estate, receivables and equipment. At June 30, 2026 and December 31, 2025, the Company had collateral-dependent residential mortgage and home equity loans and lines totaling $149 million and $127 million, respectively. The collateral for these loans consists of residential real estate. Refer to Note 1 "Summary of Significant Accounting Policies" in the Annual Report on Form 10-K for the year ended December 31, 2025 for additional details for the criteria of collateral-dependent loans.
MODIFICATIONS TO BORROWERS EXPERIENCING FINANCIAL DIFFICULTY
Modifications to troubled borrowers are loans where the borrower is experiencing financial difficulty at the time of modification and are undertaken in order to improve the likelihood of repayment. Refer to Note 1 "Summary of Significant Accounting Policies" in the Annual Report on Form 10-K for the year ended December 31, 2025 for additional information.
For each portfolio segment and class, the following tables present the end of period balances of new modifications to troubled borrowers and the related percentage of the loan portfolio period-end balance by the type of modification in the three and six months ended June 30, 2026 and 2025.
Three Months Ended June 30, 2026
Term ExtensionPayment DeferralTerm Extension and Interest Rate ModificationTotal
$
%(1)
$
%(1)
$
%(1)
$
%(1)
(Dollars in millions)
Commercial and industrial$10 0.02 %$— — %$— — %$10 0.02 %
Commercial real estate mortgage—owner-occupied3 0.07 %— — %— — %3 0.07 %
Total commercial13 0.02 %— — %— — %13 0.02 %
Residential first mortgage43 0.22 %2 0.01 %11 0.06 %56 0.29 %
Home equity lines1 0.02 %— — %2 0.05 %3 0.07 %
Home equity loans1 0.03 %— — %1 0.05 %2 0.09 %
Total consumer45 0.14 %2 — %14 0.04 %61 0.19 %
Total$58 0.06 %$2 — %$14 0.01 %$74 0.07 %
Three Months Ended June 30, 2025
Term Extension
Payment DeferralTerm Extension and Interest Rate ModificationTotal
$
%(1)
$
%(1)
$
%(1)
$
%(1)
(Dollars in millions)
Commercial and industrial$35 0.07 %$10 0.02 %$— — %$45 0.09 %
Commercial real estate mortgage—owner-occupied2 0.03 %— — %— — %2 0.03 %
Total commercial37 0.07 %10 0.02 %— — %47 0.09 %
Commercial investor real estate mortgage109 1.56 %— — %— — %109 1.56 %
Total investor real estate109 1.19 %— — %— — %109 1.19 %
Residential first mortgage60 0.30 %2 0.01 %3 0.02 %65 0.33 %
Home equity lines— 0.01 %— — %1 0.04 %1 0.05 %
Home equity loans1 0.06 %— — %2 0.06 %3 0.12 %
Total consumer61 0.19 %2 0.01 %6 0.02 %69 0.21 %
Total$207 0.21 %$12 0.01 %$6 0.01 %$225 0.23 %
Six Months Ended June 30, 2026
Term ExtensionPayment DeferralTerm Extension and Interest Rate Modification
Term Extension and Payment Deferral
Other
Total
$
%(1)
$
%(1)
$
%(1)
$
%(1)
$
%(1)
$
%(1)
(Dollars in millions)
Commercial and industrial$12 0.02 %$— — %$— — %$19 0.04 %$— — %$31 0.06 %
Commercial real estate mortgage—owner-occupied25 0.48 %— — %— — %— — %3 0.07 %28 0.54 %
Total commercial37 0.07 %— — %— — %19 0.03 %3 0.01 %59 0.10 %
Residential first mortgage69 0.36 %2 0.01 %17 0.09 %— — %— — %88 0.46 %
Home equity lines1 0.02 %— — %3 0.09 %— — %— — %4 0.11 %
Home equity loans2 0.07 %— — %3 0.12 %— — %— — %5 0.20 %
Total consumer72 0.22 %2 0.01 %23 0.07 %— — %— — %97 0.30 %
Total$109 0.11 %$2 — %$23 0.02 %$19 0.02 %$3 — %$156 0.16 %
Six Months Ended June 30, 2025
Term ExtensionInterest Rate ReductionPayment DeferralTerm Extension and Interest Rate ModificationTotal
$
%(1)
$
%(1)
$
%(1)
$
%(1)
$
%(1)
(Dollars in millions)
Commercial and industrial$85 0.17 %$4 0.01 %$10 0.02 %$— — %$99 0.20 %
Commercial real estate mortgage—owner-occupied2 0.04 %— — %— — %— — %2 0.04 %
Total commercial87 0.16 %4 0.01 %10 0.02 %— — %101 0.18 %
Commercial investor real estate mortgage133 1.92 %— — %— — %— — %133 1.92 %
Total investor real estate133 1.46 %— — %— — %— — %133 1.46 %
Residential first mortgage117 0.58 %— — %3 0.02 %9 0.04 %129 0.64 %
Home equity lines1 0.02 %— — %— — %3 0.10 %4 0.12 %
Home equity loans2 0.09 %— — %— — %3 0.12 %5 0.21 %
Total consumer120 0.36 %— — %3 0.01 %15 0.05 %138 0.42 %
Total$340 0.35 %$4 — %$13 0.01 %$15 0.02 %$372 0.38 %
______
(1) Amounts calculated based upon whole dollar values.
The end of period balance of unfunded commitments related to modifications to troubled borrowers was immaterial at June 30, 2026 and totaled $124 million at December 31, 2025.
The following tables present the financial impact of modifications to troubled borrowers during the three and six months ended June 30, 2026 and 2025 by class of financing receivable and the type of modification. The tables include new modifications to troubled borrowers, as well as renewals of existing modifications to troubled borrowers.
Three Months Ended June 30, 2026
Term ExtensionPayment DeferralTerm Extension and Interest Rate Modification
Weighted-Average Term Extension Weighted-Average Payment DeferralWeighted-Average Term Extension Weighted-Average Reduction in Interest Rate
(In years, except for percentage data)
Commercial and industrial0.83— — — 
Commercial real estate mortgage—owner-occupied0.58— — — 
Residential first mortgage80.6741 %
Home equity lines24— 252 %
Home equity loans11— 142 %
Three Months Ended June 30, 2025
Term ExtensionPayment DeferralTerm Extension and Interest Rate Modification
Weighted-Average Term Extension Weighted-Average Payment Deferral Weighted-Average Term Extension Weighted-Average Reduction in Interest Rate
(In years, except for percentage data)
Commercial and industrial1.170.25— — 
Commercial real estate mortgage—owner-occupied1.58— — — 
Commercial investor real estate mortgage0.67— — — 
Residential first mortgage70.6761 %
Home equity lines— — 291 %
Home equity loans12— 213 %
Six Months Ended June 30, 2026
Term ExtensionTerm Extension and Interest Rate Modification
Term Extension and Payment Deferral
Payment Deferral
Weighted-Average Term Extension Weighted-Average Term Extension Weighted-Average Reduction in Interest RateWeighted-Average Term ExtensionWeighted-Average Payment DeferralWeighted-Average Payment Deferral
(In years, except for percentage data)
Commercial and industrial0.83— — 24 — 
Commercial real estate mortgage—owner-occupied0.75— — — — — 
Residential first mortgage741 %— — 0.75
Home equity lines24242 %— — — 
Home equity loans9162 %— — — 
____
(1) During the six months ended June 30, 2026, the Company had an other modification in commercial real estate mortgage which had an immaterial financial effect.
Six Months Ended June 30, 2025
Interest Rate Reduction
Term ExtensionPayment DeferralTerm Extension and Interest Rate Modification
Weighted-Average Reduction in Interest RateWeighted-Average Term Extension Weighted-Average Payment Deferral Weighted-Average Term Extension Weighted-Average Reduction in Interest Rate
(In years, except for percentage data)
Commercial and industrialless than 1%0.750.25— — 
Commercial real estate mortgage—owner-occupied— 2.25— — — 
Commercial investor real estate mortgage— 0.67— — — 
Residential first mortgage— 70.6741 %
Home equity lines— 30— 261 %
Home equity loans— 12— 213 %
The following tables include the end of period balances of aging and non-accrual performance for modifications to troubled borrowers modified in the previous twelve-month period by portfolio segment and class as of June 30, 2026 and 2025.
June 30, 2026
Current30-89 DPD90+ DPD
Non-Performing Loans
Total
(In millions)
Commercial and industrial$31 $1 $— $86 $118 
Commercial real estate mortgage—owner-occupied23 — — 5 28 
Total commercial54 1 — 91 146 
Commercial investor real estate mortgage27 — — — 27 
Total investor real estate27 — — — 27 
Residential first mortgage127 26 20 6 179 
Home equity lines5 — — 1 6 
Home equity loans6 1 — 2 9 
Total consumer138 27 20 9 194 
$219 $28 $20 $100 $367 
June 30, 2025
Current30-89 DPD90+ DPDNon-Performing LoansTotal
(In millions)
Commercial and industrial$79 $— $— $45 $124 
Commercial real estate mortgage—owner-occupied2 — — 1 3 
Total commercial81 — — 46 127 
Commercial investor real estate mortgage111 — — 89 200 
Total investor real estate111 — — 89 200 
Residential first mortgage155 32 11 6 204 
Home equity lines9 1 — 1 11 
Home equity loans8 — — 3 11 
Total consumer172 33 11 10 226 
$364 $33 $11 $145 $553 
For modifications to troubled borrowers, a subsequent payment default is defined in terms of delinquency, when a principal or interest payment is 90 days past due or classified as non-accrual status during the reporting period. Subsequent defaults of the loans restructured as a modification to a troubled borrower during the three and six months ended June 30, 2026 that were restructured as modifications to troubled borrowers during the previous twelve months had period-end balances of $32 million and $70 million, respectively. Subsequent default of loans restructured as a modification to a troubled borrower during the three and six months ended June 30, 2025 that were restructured as modifications to troubled borrowers during the previous twelve months had period-end balances of $23 million and $48 million, respectively.