v3.26.1
Allowance for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2026
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of Allowance for Loan Losses by Portfolio Segment
The following table provides a rollforward of the ALLL and the reserve for unfunded lending commitments by
portfolio type for the three and six months ended June 30, 2026 and 2025.
ROLLFORWARD OF ALLL & RESERVE FOR UNFUNDED LENDING COMMITMENTS
(Dollars in millions)Commercial, Financial, and IndustrialCommercial Real EstateConsumer Real EstateCredit Card and OtherTotal
Three Months Ended June 30, 2026
Allowance for loan and lease losses:
Balance as of April 1, 2026$353 $156 $201 $20 $730 
Charge-offs(32)(3)(1)(5)(41)
Recoveries— 
Provision (benefit) for loan and lease losses 24 (3)(12)12 
Balance as of June 30, 2026$350 $150 $190 $19 $709 
Reserve for remaining unfunded commitments:
Balance as of April 1, 2026$80 $$$— $96 
Provision (benefit) for remaining unfunded commitments — (1)— 
Balance as of June 30, 202684 7 8  99 
Allowance for credit losses as of June 30, 2026$434 $157 $198 $19 $808 
Three Months Ended June 30, 2025
Allowance for loan and lease losses:
Balance as of April 1, 2025$345 $225 $230 $22 $822 
Charge-offs(28)(7)(2)(6)(43)
Recoveries — 
Provision (benefit) for loan and lease losses 24 (5)26 
Balance as of June 30, 2025$347 $213 $233 $21 $814 
Reserve for remaining unfunded commitments:
Balance as of April 1, 2025$63 $$11 $— $83 
Provision (benefit) for remaining unfunded commitments (2)— 
Balance as of June 30, 202568 10 — 87 
Allowance for credit losses as of June 30, 2025$415 $223 $242 $21 $901 
(Dollars in millions)Commercial, Financial, and IndustrialCommercial Real EstateConsumer Real EstateCredit Card and OtherTotal
Six Months Ended June 30, 2026
Allowance for loan and lease losses:
Balance as of January 1, 2026$335 $177 $206 $20 $738 
Charge-offs(68)(7)(2)(9)(86)
Recoveries19 — 25 
Provision (benefit) for loan and lease losses 64 (20)(18)32 
Balance as of June 30, 2026$350 $150 $190 $19 $709 
Reserve for remaining unfunded commitments:
Balance as of January 1, 2026$81 $11 $$— $101 
Provision (benefit) for remaining unfunded commitments (4)(1)— (2)
Balance as of June 30, 202684 7 8  99 
Allowance for credit losses as of June 30, 2026$434 $157 $198 $19 $808 
Six Months Ended June 30, 2025
Allowance for loan and lease losses:
Balance as of January 1, 2025$345 $227 $221 $22 $815 
Charge-offs(62)(10)(2)(10)(84)
Recoveries 12 21 
Provision (benefit) for loan and lease losses 52 (7)11 62 
Balance as of June 30, 2025$347 $213 $233 $21 $814 
Reserve for remaining unfunded commitments:
Balance as of January 1, 2025$57 $11 $11 $— $79 
Provision (benefit) for remaining unfunded commitments 11 (1)(2)— 
Balance as of June 30, 202568 10 — 87 
Allowance for credit losses as of June 30, 2025$415 $223 $242 $21 $901 
Schedule of Gross Charge offs by Year of Origination
The following table presents gross charge-offs by year of origination for the six months ended June 30, 2026 and 2025.
 GROSS CHARGE-OFFS
Six Months Ended June 30, 2026
(Dollars in millions)20262025202420232022Prior to 2022Revolving LoansTotal
C&I$$— $32 $13 $$11 $$68 
CRE— — — — — 
Consumer real estate— — — — — 
Credit card and other— — — 
Total$6 $1 $32 $14 $5 $19 $9 $86 
Six Months Ended June 30, 2025
(Dollars in millions)20252024202320222021Prior to 2021Revolving LoansTotal
C&I $$$$$19 $26 $$62 
CRE— — — — — 10 
Consumer real estate— — — — — 
Credit card and other— — 10 
Total$$$$14 $21 $32 $$84