v3.26.1
BORROWINGS (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-term Borrowings
The following table presents long-term borrowings as of June 30, 2026 and December 31, 2025, net of the respective unamortized purchase accounting adjustments, issuance costs, and impacts of fair value hedges:

Long-term Borrowings
dollars in millionsInitial Issuance DateMaturityRate Reset DateInterest Rate After ResetJune 30,
2026		December 31,
2025
Parent Company:
Senior unsecured:
Fixed-to-Floating Senior Notes at 5.231%
March 12, 2025March 2031March 12, 2030
Compounded SOFR + 141 bps
$491 $497 
Fixed-to-Floating Senior Notes at 4.869%
March 3, 2026March 2032March 3, 2031
Compounded SOFR + 148.7 bps
489 — 
Subordinated:
Fixed Rate Reset Subordinated Notes at 5.600%
September 5, 2025September 2035September 5, 2030
Five-year U.S. Treasury Rate + 185 bps
589 597 
Fixed-to-Fixed Subordinated Notes at 6.254%
March 12, 2025March 2040March 12, 2035
Five-year U.S. Treasury Rate + 197 bps
732 745 
Subsidiaries:
Senior unsecured:
Fixed-to-Floating Senior Notes at 5.097%
June 24, 2026July 2029July 13, 2028
Compounded SOFR + 114.6 bps
746 — 
Fixed Senior Notes at 6.000%
March 27, 2006April 2036——58 58 
Subordinated:
Fixed Subordinated Notes at 6.125%
March 9, 2018March 2028——423 430 
Secured:
Purchase Money Note to FDIC fixed at 3.500% (1)
March 27, 2023March 2028——28,423 33,385 
Capital lease obligations—Maturities through May 2057——85 72 
Total long-term borrowings$32,036 $35,784 
(1)    Issued in connection with the SVBB Acquisition. The unamortized discount was $77 million and $115 million at June 30, 2026 and December 31, 2025, respectively. Refer to Note 5—Loans and Leases for further information on loans pledged as collateral to secure borrowings.