v3.26.1
LOANS AND LEASES (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Loans by Class
The following table summarizes loans by class:

Loans by Class
dollars in millionsJune 30, 2026December 31, 2025
Commercial
Commercial and industrial$46,574 $44,721 
Capital call lines34,203 31,791 
Owner occupied commercial mortgage17,904 17,660 
Investor dependent2,624 2,778 
Commercial real estate23,233 23,784 
Total commercial124,538 120,734 
Consumer
Residential mortgage21,566 21,861 
Revolving mortgage2,868 2,863 
Auto1,261 1,416 
Other consumer801 1,056 
Total consumer26,496 27,196 
Total loans and leases$151,034 $147,930 
Schedule of Amortized Cost of Loans
The following table presents selected components of the amortized cost of loans, including the unamortized discount on acquired loans.

Components of Amortized Cost
dollars in millionsJune 30, 2026December 31, 2025
Deferred fees, including unamortized costs and unearned fees on Non-PCD loans$(103)$(103)
Net unamortized discount on acquired loans
Non-PCD$1,185$1,281
PCD3645 
Total net unamortized discount$1,221$1,326
The aging and nonaccrual status of the outstanding loans and leases by class at June 30, 2026 and December 31, 2025 are provided in the tables below. Loans and leases less than 30 days past due are considered current, as various grace periods allow borrowers to make payments within a stated period after the due date and remain in compliance with the respective agreement.
Schedule of Loans and Leases Delinquency Status and Nonaccrual Status
Loans and Leases - Delinquency and Nonaccrual Status (1)
dollars in millionsJune 30, 2026
Accruing Loans
30-59 Days
Past Due		60-89 Days
Past Due		90 Days or
Greater		Total
Past Due		CurrentTotal Accruing
Nonaccrual Loans (2)
Total
Commercial
Commercial and industrial$139 $65 $37 $241 $45,835 $46,076 $498 $46,574 
Capital call lines— — — — 34,203 34,203 — 34,203 
Owner occupied commercial mortgage71 14 14 99 17,652 17,751 153 17,904 
Investor dependent2 3 — 5 2,578 2,583 41 2,624 
Commercial real estate26 2 197 225 22,496 22,721 512 23,233 
Total commercial238 84 248 570 122,764 123,334 1,204 124,538 
Consumer
Residential mortgage129 26 7 162 21,208 21,370 196 21,566 
Revolving mortgage25 3 — 28 2,805 2,833 35 2,868 
Auto11 2 — 13 1,238 1,251 10 1,261 
Other consumer5 2 1 8 792 800 1 801 
Total consumer170 33 8 211 26,043 26,254 242 26,496 
Total loans and leases$408 $117 $256 $781 $148,807 $149,588 $1,446 $151,034 
December 31, 2025
Accruing Loans
30-59 Days
Past Due
60-89 Days
Past Due
90 Days or
Greater
Total
Past Due
Current
Total Accruing
Nonaccrual Loans (2)
Total
Commercial
Commercial and industrial$232 $56 $63 $351 $43,914 $44,265 $456 $44,721 
Capital call lines— — — — 31,791 31,791 — 31,791 
Owner occupied commercial mortgage78 19 1 98 17,403 17,501 159 17,660 
Investor dependent11 1 — 12 2,717 2,729 49 2,778 
Commercial real estate221 31 171 423 22,943 23,366 418 23,784 
Total commercial542 107 235 884 118,768 119,652 1,082 120,734 
Consumer
Residential mortgage168 42 7 217 21,465 21,682 179 21,861 
Revolving mortgage25 4 — 29 2,799 2,828 35 2,863 
Auto15 3 — 18 1,389 1,407 9 1,416 
Other consumer5 3 2 10 1,044 1,054 2 1,056 
Total consumer213 52 9 274 26,697 26,971 225 27,196 
Total loans and leases$755 $159 $244 $1,158 $145,465 $146,623 $1,307 $147,930 
(1)    Accrued interest that was deducted from interest income when the loan was moved to nonaccrual status was $9 million for the six months ended June 30, 2026 and $10 million for the six months ended June 30, 2025.
(2)    Nonaccrual loans for which there was no related ALLL totaled $374 million at June 30, 2026 and $415 million at December 31, 2025. Refer to Note 1—Significant Accounting Policies and Basis of Presentation of our 2025 Form 10-K for discussion of loans individually evaluated to determine the ALLL.
The following tables present the amortized cost and performance of loans to borrowers experiencing financial difficulties for which the terms of the loan were modified during the referenced periods. The period of delinquency is based on the number of days the scheduled payment is contractually past due.
Modified Loans Payment Status (twelve months ended June 30, 2026)
dollars in millionsCurrent30–59 Days Past Due60–89 Days Past Due90 Days or Greater Past DueTotal
Commercial
Commercial and industrial$530 $1 $3 $36 $570 
Capital call lines— — — — — 
Owner occupied commercial mortgage64 5 2 8 79 
Investor dependent72 — 2 — 74 
Commercial real estate166 — — 135 301 
Total commercial832 6 7 179 1,024 
Consumer
Residential mortgage23 3 2 3 31 
Revolving mortgage2 — — — 2 
Auto— — — — — 
Other consumer4 — — — 4 
Total consumer29 3 2 3 37 
Total loans and leases
$861 $9 $9 $182 $1,061 
Modified Loans Payment Status (twelve months ended June 30, 2025)
dollars in millionsCurrent30–59 Days Past Due60–89 Days Past Due90 Days or Greater Past DueTotal
Commercial
Commercial and industrial$262 $2 $4 $1 $269 
Capital call lines— — — — — 
Owner occupied commercial mortgage71 1 1 3 76 
Investor dependent76 — 3 — 79 
Commercial real estate304 14 — 43 361 
Total commercial713 17 8 47 785 
Consumer
Residential mortgage37 3 2 3 45 
Revolving mortgage7 — — — 7 
Auto— — — — — 
Other consumer— — — — — 
Total consumer44 3 2 3 52 
Total loans and leases
$757 $20 $10 $50 $837 
Schedule of Loans Disaggregated by Year of Origination and by Risk Rating
The following tables summarize the commercial loans disaggregated by year of origination and by risk rating. The consumer loan delinquency status by year of origination is also presented below. The tables reflect the amortized cost of the loans and include PCD loans.

Commercial Loans - Risk Classifications by Class
June 30, 2026
Risk Classification:Term Loans by Origination YearRevolving Converted to Term Loans
dollars in millions202620252024202320222021 & PriorRevolvingTotal
Commercial and industrial
Pass$8,427 $9,973 $5,984 $2,921 $2,039 $2,440 $11,240 $125 $43,149 
Special Mention111 171 274 55 82 123 166 — 982 
Substandard138 412 342 169 371 305 325 8 2,070 
Doubtful60 24 16 21 44 15 40 — 220 
Ungraded— — — — — — 153 — 153 
Total commercial and industrial8,736 10,580 6,616 3,166 2,536 2,883 11,924 133 46,574 
Capital call lines
Pass— — — — — — 34,137 66 34,203 
Total capital call lines— — — — — — 34,137 66 34,203 
Owner occupied commercial mortgage
Pass1,585 2,615 2,568 1,995 2,297 5,618 274 28 16,980 
Special Mention20 11 40 29 66 59 1 — 226 
Substandard19 35 89 136 154 253 11 1 698 
Doubtful— — — — — — — — — 
Total owner occupied commercial mortgage1,624 2,661 2,697 2,160 2,517 5,930 286 29 17,904 
Investor dependent
Pass378 871 401 32 50 — 308 — 2,040 
Special Mention2 33 20 18 — — 18 — 91 
Substandard— 164 184 52 1 2 52 — 455 
Doubtful7 21 4 4 — — 2 — 38 
Total Investor dependent387 1,089 609 106 51 2 380 — 2,624 
Commercial real estate
Pass2,640 4,444 4,252 3,387 2,501 3,587 864 — 21,675 
Special Mention50 134 37 40 28 5 — — 294 
Substandard236 422 73 186 92 178 1 — 1,188 
Doubtful12 12 21 4 17 9 — — 75 
Ungraded1 — — — — — — — 1 
Total commercial real estate2,939 5,012 4,383 3,617 2,638 3,779 865 — 23,233 
Total commercial
Pass13,030 17,903 13,205 8,335 6,887 11,645 46,823 219 118,047 
Special Mention183 349 371 142 176 187 185 — 1,593 
Substandard393 1,033 688 543 618 738 389 9 4,411 
Doubtful79 57 41 29 61 24 42 — 333 
Ungraded1 — — — — — 153 — 154 
Total commercial$13,686 $19,342 $14,305 $9,049 $7,742 $12,594 $47,592 $228 $124,538 
Consumer Loans - Delinquency Status by Class
June 30, 2026
Days Past Due:Term Loans by Origination YearRevolving Converted to Term Loans
dollars in millions202620252024202320222021 & PriorRevolvingTotal
Residential mortgage
Current$948 $1,512 $1,546 $2,301 $4,581 $10,368 $4 $— $21,260 
30-59 days3 3 6 12 26 94 — — 144 
60-89 days— — 2 4 7 25 — — 38 
90 days or greater— 3 5 11 18 87 — — 124 
Total residential mortgage951 1,518 1,559 2,328 4,632 10,574 4 — 21,566 
Revolving mortgage
Current— — — — — — 2,672 144 2,816 
30-59 days— — — — — — 21 8 29 
60-89 days— — — — — — — 4 4 
90 days or greater— — — — — — 3 16 19 
Total revolving mortgage— — — — — — 2,696 172 2,868 
Auto
Current193 392 315 162 113 66 — — 1,241 
30-59 days— 2 4 3 2 2 — — 13 
60-89 days— 1 1 1 1 — — — 4 
90 days or greater— 1 1 1 — — — — 3 
Total consumer auto193 396 321 167 116 68 — — 1,261 
Other consumer
Current103 149 64 44 39 13 380 — 792 
30-59 days— 1 — — — — 4 — 5 
60-89 days— — — — — — 2 — 2 
90 days or greater— — — — — — 2 — 2 
Total consumer other103 150 64 44 39 13 388 — 801 
Total consumer$1,247 $2,064 $1,944 $2,539 $4,787 $10,655 $3,088 $172 $26,496 
 
The following tables represent current credit quality indicators by origination year as of December 31, 2025:

Commercial Loans - Risk Classifications by Class
December 31, 2025
Risk Classification:Term Loans by Origination YearRevolving Converted to Term Loans
dollars in millions202520242023202220212020 & PriorRevolvingTotal
Commercial and industrial
Pass$13,484 $7,906 $3,552 $2,963 $1,428 $1,539 $10,143 $76 $41,091 
Special Mention213 264 113 97 143 60 181 — 1,071 
Substandard451 296 215 475 347 65 416 5 2,270 
Doubtful18 24 27 35 10 — 32 — 146 
Ungraded— — — — — — 143 — 143 
Total Commercial and industrial14,166 8,490 3,907 3,570 1,928 1,664 10,915 81 44,721 
Capital call lines
Pass— — — — — — 31,758 33 31,791 
Total capital call lines— — — — — — 31,758 33 31,791 
Owner occupied commercial mortgage
Pass2,816 2,739 2,177 2,430 2,290 3,954 248 28 16,682 
Special Mention26 34 49 78 24 27 2 — 240 
Substandard41 55 128 179 88 222 8 3 724 
Doubtful— 4 10 — — — — — 14 
Total owner occupied commercial mortgage2,883 2,832 2,364 2,687 2,402 4,203 258 31 17,660 
Investor dependent
Pass981 648 110 67 — — 326 — 2,132 
Special Mention29 78 1 19 — — 19 — 146 
Substandard104 164 117 14 4 — 50 — 453 
Doubtful13 11 16 5 — — 2 — 47 
Total investor dependent1,127 901 244 105 4 — 397 — 2,778 
Commercial real estate
Pass5,005 4,720 4,512 2,791 1,614 2,631 732 — 22,005 
Special Mention202 19 139 25 2 31 — — 418 
Substandard409 249 221 145 70 193 1 — 1,288 
Doubtful29 3 — 18 1 22 — — 73 
Total commercial real estate5,645 4,991 4,872 2,979 1,687 2,877 733 — 23,784 
Total commercial
Pass22,286 16,013 10,351 8,251 5,332 8,124 43,207 137 113,701 
Special Mention470 395 302 219 169 118 202 — 1,875 
Substandard1,005 764 681 813 509 480 475 8 4,735 
Doubtful60 42 53 58 11 22 34 — 280 
Ungraded— — — — — — 143 — 143 
Total commercial$23,821 $17,214 $11,387 $9,341 $6,021 $8,744 $44,061 $145 $120,734 
Consumer Loans - Delinquency Status by Class
December 31, 2025
Days Past Due:Term Loans by Origination YearRevolving Converted to Term Loans
dollars in millions202520242023202220212020 & PriorRevolvingTotal
Residential mortgage
Current$1,601 $1,609 $2,512 $4,783 $4,715 $6,295 $2 $— $21,517 
30-59 days3 4 12 32 32 94 2 — 179 
60-89 days— 1 3 9 3 38 — — 54 
90 days or greater1 5 6 10 7 82 — — 111 
Total residential mortgage1,605 1,619 2,533 4,834 4,757 6,509 4 — 21,861 
Revolving mortgage
Current— — — — — — 2,686 125 2,811 
30-59 days— — — — — — 20 9 29 
60-89 days— — — — — — — 6 6 
90 days or greater— — — — — — 3 14 17 
Total revolving mortgage— — — — — — 2,709 154 2,863 
Auto
Current504 405 217 157 77 33 — — 1,393 
30-59 days3 4 3 3 2 1 — — 16 
60-89 days— 1 1 1 1 — — — 4 
90 days or greater— 1 1 1 — — — — 3 
Total consumer auto507 411 222 162 80 34 — — 1,416 
Other consumer
Current176 100 65 53 15 6 630 — 1,045 
30-59 days1 1 — — — — 4 — 6 
60-89 days— — — — — — 2 — 2 
90 days or greater1 — — — — — 2 — 3 
Total consumer other178 101 65 53 15 6 638 — 1,056 
Total consumer$2,290 $2,131 $2,820 $5,049 $4,852 $6,549 $3,351 $154 $27,196 
Schedule of Troubled Debt Restructuring
Gross charge-off disclosures by origination year and loan class are summarized in the following tables:

Six Months Ended June 30, 2026
Term Loans by Origination YearRevolving Converted to Term Loans
dollars in millions202620252024202320222021 & PriorRevolvingTotal
Commercial
Commercial and industrial$2 $15 $27 $13 $35 $7 $68 $1 $168 
Capital call lines— — — — — — — — — 
Owner occupied commercial mortgage— 1 4 — — — — — 5 
Investor dependent— 7 9 3 6 2 2 — 29 
Commercial real estate20 8 — — — 15 — — 43 
Total commercial22 31 40 16 41 24 70 1 245 
Consumer
Residential mortgage— — — — — 1 — — 1 
Revolving mortgage— — — — — — — — — 
Auto— 1 1 1 1 — — — 4 
Other consumer— 1 1 1 — — 9 — 12 
Total consumer— 2 2 2 1 1 9 — 17 
Total loans and leases$22 $33 $42 $18 $42 $25 $79 $1 $262 


Six Months Ended June 30, 2025
Term Loans by Origination YearRevolving Converted to Term Loans
dollars in millions202520242023202220212020 & PriorRevolvingTotal
Commercial
Commercial and industrial$16 $13 $34 $35 $8 $5 $56 $1 $168 
Capital call lines— — — — — — — — — 
Owner occupied commercial mortgage— — — — — 1 — — 1 
Investor dependent— 6 23 26 6 4 3 — 68 
Commercial real estate— 23 2 17 — 17 — — 59 
Total commercial16 42 59 78 14 27 59 1 296 
Consumer
Residential mortgage— — — — — — — — — 
Revolving mortgage— — — — — — — — — 
Auto— 1 1 1 — — — — 3 
Other consumer— 1 1 1 — — 9 — 12 
Total consumer— 2 2 2 — — 9 — 15 
Total loans and leases
$16 $44 $61 $80 $14 $27 $68 $1 $311 
The following tables present the amortized cost of loan modifications made to debtors experiencing financial difficulty, disaggregated by class and type of loan modification. The tables also provide financial effects by type of such loan modifications for the respective loan class. Loan modifications for principal forgiveness round to less than $1 million for all loan classes in all periods presented and are not presented in the following tables.

Amortized Cost of Loans Modified during the three months ended June 30, 2026
dollars in millions
Term Extension (1)
Payment DelayInterest Rate Reduction
Term Extension (1) and Interest Rate Reduction
Term Extension (1) and Payment Delay
Other Combinations (2)
TotalPercent of Total Loan Class
Commercial
Commercial and industrial$167 $49 $— $1 $20 $— $237 0.51 %
Owner occupied commercial mortgage5 3 — — 1 2 11 0.06 
Investor dependent3 24 — — — — 27 1.05 
Commercial real estate69 — 115 — — 7 191 0.82 
Total commercial244 76 115 1 21 9 466 0.37 
Consumer
Residential mortgage2 — 1 — — — 3 0.01 
Revolving mortgage1 — — — — — 1 0.02 
Auto— — — — — — — — 
Other consumer— — — — — — — 0.01 
Total consumer3 — 1 — — — 4 0.01 
Total loans and leases
$247 $76 $116 $1 $21 $9 $470 0.31 %
(1) Term extensions include modifications which extended the maturity date or amortization period, and modifications that deferred lump-sum principal payments to a later date.
(2) Consists of $7 million of commercial real estate loans modified with a term extension, interest rate reduction, and payment delay, as well as $2 million of owner occupied commercial mortgage loans modified with a payment delay and interest rate reduction.

Amortized Cost of Loans Modified during the three months ended June 30, 2025
dollars in millions
Term Extension (1)
Payment DelayInterest Rate Reduction
Term Extension (1) and Interest Rate Reduction
Term Extension (1) and Payment Delay
Other Combinations (2)
TotalPercent of Total Loan Class
Commercial
Commercial and industrial$23 $60 $— $2 $10 $5 $100 0.23 %
Owner occupied commercial mortgage2 2 — 29 7 — 40 0.24 
Investor dependent7 28 — — — — 35 1.27 
Commercial real estate84 — — 64 10 — 158 0.67 
Total commercial116 90 — 95 27 5 333 0.29 
Consumer
Residential mortgage5 — 3 1 24 — 33 0.14 
Revolving mortgage1 — — — — — 1 0.03 
Auto— — — — — — — 0.01 
Other consumer— — — — — — — 0.01 
Total consumer6 — 3 1 24 — 34 0.12 
Total loans and leases
$122 $90 $3 $96 $51 $5 $367 0.26 %
(1) Term extensions include modifications which extended the maturity date or amortization period, and modifications that deferred lump-sum principal payments to a later date.
(2) Consists of $5 million of commercial and industrial loans modified with a term extension, payment delay, and interest rate reduction.
Financial Effects of Loan Modifications made during the three months ended June 30, 2026
Weighted Average Term Extension (in Months)Weighted Average Interest Rate ReductionWeighted Average Payment Delay (in Months)
Commercial
Commercial and industrial32 2.61 %12 
Owner occupied commercial mortgage11 1.95 8 
Investor dependent6 — 6 
Commercial real estate5 1.50 9 
Total commercial24 1.52 10 
Consumer
Residential mortgage20 1.87 — 
Revolving mortgage51 5.49 — 
Auto27 0.75 — 
Other consumer— 8.45 — 
Total consumer27 2.23 — 
Total loans and leases24 1.52 %10 


Financial Effects of Loan Modifications made during the three months ended June 30, 2025
Weighted Average Term Extension (in Months)Weighted Average Interest Rate ReductionWeighted Average Payment Delay (in Months)
Commercial
Commercial and industrial13 1.06 %15 
Owner occupied commercial mortgage12 1.93 5 
Investor dependent6 — 5 
Commercial real estate23 0.60 6 
Total commercial19 1.01 11 
Consumer
Residential mortgage8 1.14 6 
Revolving mortgage43 4.40 — 
Auto19 — — 
Other consumer60 8.94 — 
Total consumer9 1.58 6 
Total loans and leases18 1.04 %11 
Amortized Cost of Loans Modified during the six months ended June 30, 2026
dollars in millions
Term Extension (1)
Payment DelayInterest Rate Reduction
Term Extension (1) and Interest Rate Reduction
Term Extension (1) and Payment Delay
Other Combinations (2)
TotalPercent of Total Loan Class
Commercial
Commercial and industrial$236 $52 $— $3 $43 $18 $352 0.75 %
Owner occupied commercial mortgage28 3 — 18 3 2 54 0.30 
Investor dependent10 51 — — — — 61 2.33 
Commercial real estate72 — 115 3 — 7 197 0.84 
Total commercial346 106 115 24 46 27 664 0.53 
Consumer
Residential mortgage3 — 1 — — — 4 0.02 
Revolving mortgage1 — — — — — 1 0.03 
Auto— — — — — — — 0.01 
Other consumer— — — — — — — 0.01 
Total consumer4 — 1 — — — 5 0.02 
Total loans and leases
$350 $106 $116 $24 $46 $27 $669 0.44 %
(1) Term extensions include modifications which extended the maturity date or amortization period, and modifications that deferred lump-sum principal payments to a later date.
(2) Consists of $18 million of commercial and industrial loans and $7 million of commercial real estate loans modified with a term extension, interest rate reduction, and payment delay, as well as $2 million of owner occupied commercial mortgage loans modified with a payment delay and interest rate reduction.

Amortized Cost of Loans Modified during the six months ended June 30, 2025
dollars in millions
Term Extension (1)
Payment DelayInterest Rate Reduction
Term Extension (1) and Interest Rate Reduction
Term Extension (1) and Payment Delay
Other Combinations (2)
TotalPercent of Total Loan Class
Commercial
Commercial and industrial$79 $77 $— $3 $18 $5 $182 0.42 %
Owner occupied commercial mortgage11 4 — 29 20 — 64 0.37 
Investor dependent10 44 — — 6 — 60 2.15 
Commercial real estate88 — — 64 39 — 191 0.80 
Total commercial188 125 — 96 83 5 497 0.44 
Consumer
Residential mortgage9 — 3 2 25 — 39 0.17 
Revolving mortgage1 — — — — — 1 0.05 
Auto— — — — — — — 0.02 
Other consumer— — — — — — — 0.02 
Total consumer10 — 3 2 25 — 40 0.14 
Total loans and leases$198 $125 $3 $98 $108 $5 $537 0.38 %
(1) Term extensions include modifications which extended the maturity date or amortization period, and modifications that deferred lump-sum principal payments to a later date.
(2) Consists of $5 million of commercial and industrial loans modified with a term extension, payment delay, and interest rate reduction.
Financial Effects of Loan Modifications made during the six months ended June 30, 2026
Weighted Average Term Extension (in Months)Weighted Average Interest Rate ReductionWeighted Average Payment Delay (in Months)
Commercial
Commercial and industrial27 0.82 %10 
Owner occupied commercial mortgage8 1.91 7 
Investor dependent10 — 6 
Commercial real estate6 1.47 9 
Total commercial21 1.44 8 
Consumer
Residential mortgage18 1.87 4 
Revolving mortgage54 4.30 — 
Auto25 0.45 — 
Other consumer— 9.87 — 
Total consumer24 2.51 4 
Total loans and leases
21 1.45 %8 


Financial Effects of Loan Modifications made during the six months ended June 30, 2025
Weighted Average Term Extension (in Months)Weighted Average Interest Rate ReductionWeighted Average Payment Delay (in Months)
Commercial
Commercial and industrial16 1.03 %13 
Owner occupied commercial mortgage11 1.93 5 
Investor dependent7 — 5 
Commercial real estate20 0.60 7 
Total commercial17 1.01 9 
Consumer
Residential mortgage11 1.18 6 
Revolving mortgage47 3.75 5 
Auto20 — — 
Other consumer60 9.20 — 
Total consumer12 1.67 6 
Total loans and leases
17 1.05 %9 

Note: The financial effects of loan modifications for certain loan classes reported in the tables above were not reported in the preceding tables as the total amortized cost of loans modified during the period for such loan classes rounded to less than $1 million.
Schedule of Loans Pledged as Collateral
The following table provides information regarding loans pledged as collateral for borrowing capacity through the FHLB of Atlanta and the Federal Reserve Bank (“FRB”), and loans pledged as collateral for the Purchase Money Note to the FDIC.

Loans Pledged
dollars in millionsJune 30, 2026December 31, 2025
FHLB of Atlanta
Lendable collateral value of pledged Non-PCD loans$19,200 $19,225 
Less: advances— — 
Less: letters of credit1,450 1,450 
Available borrowing capacity$17,750 $17,775 
Pledged Non-PCD loans$31,820 $31,713 
FRB
Lendable collateral value of pledged Non-PCD loans$12,772 $12,962 
Less: advances— — 
Available borrowing capacity$12,772 $12,962 
Pledged Non-PCD loans$13,520 $13,640 
FDIC
Lendable collateral value of pledged loans$32,121 $35,705 
Less: advances— — 
Less: principal amount of the Purchase Money Note28,500 33,500 
Available borrowing capacity (1)
$— $— 
Pledged loans (2)
$30,963 $34,465 
(1) The draw period for the Advance Facility Agreement (an expired funding agreement between FCB and the FDIC in connection with the SVBB Acquisition) ended on March 27, 2025 so there was no available borrowing capacity at June 30, 2026 or December 31, 2025.
(2) Carrying value, net of remaining discount, for loans pledged as collateral for the Purchase Money Note.