ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)

6 Months Ended

Jun. 30, 2026

Equity [Abstract]

Schedule of Accumulated Other Comprehensive (Loss) Income

The following table includes the components of AOCI:

Components of Accumulated Other Comprehensive Loss


dollars in millions			June 30, 2026																		December 31, 2025
			Pretax						Income Taxes						Net of Income Taxes						Pretax						Income Taxes						Net of Income Taxes
Unrealized loss on securities available for sale			$	(527)					$	118					$	(409)					$	(162)					$	25					$	(137)
Unrealized loss on securities available for sale transferred to held to maturity			(5)						1						(4)						(5)						1						(4)
Defined benefit pension items			276						(71)						205						282						(72)						210

Unrealized (loss) gain on cash flow hedge derivatives			(30)						8						(22)						19						(5)						14
Total accumulated other comprehensive (loss) income			$	(286)					$	56					$	(230)					$	134					$	(51)					$	83

The following table summarizes the changes in the components of AOCI, net of income taxes:

Changes in Accumulated Other Comprehensive (Loss) Income by Component


dollars in millions			Unrealized loss on securities available for sale						Unrealized loss on securities available for sale transferred to held to maturity						Defined benefit pension items												Unrealized gain (loss) on cash flow hedge derivatives						Total accumulated other comprehensive income (loss)
Balance as of December 31, 2025			$	(137)					$	(4)					$	210											$	14					$	83
AOCI activity before reclassifications			(272)						—						(4)												(34)						(310)
Amounts reclassified from AOCI to earnings			—						—						(1)												(2)						(3)
Other comprehensive loss for the period			(272)						—						(5)												(36)						(313)
Balance as of June 30, 2026			$	(409)					$	(4)					$	205											$	(22)					$	(230)

Balance as of December 31, 2024			$	(584)					$	(4)					$	135											$	8					$	(445)
AOCI activity before reclassifications			328						—						(3)												9						334
Amounts reclassified from AOCI to earnings			—						—						—												(3)						(3)
Other comprehensive income (loss) for the period			328						—						(3)												6						331
Balance as of June 30, 2025			$	(256)					$	(4)					$	132											$	14					$	(114)

The following table presents the pretax and after tax components of other comprehensive income:

Other Comprehensive Income (Loss) by Component


dollars in millions			Three Months Ended June 30,
			2026																		2025
			Pretax						Income Taxes						Net of Income Taxes						Pretax						Income Taxes						Net of Income Taxes						Income Statement Line Items
Unrealized loss on securities available for sale:


Other comprehensive (loss) income on securities available for sale			$	(178)					$	45					$	(133)					$	119					$	(30)					$	89






Defined benefit pension items:
Actuarial loss			$	(3)					$	1					$	(2)					$	(4)					$	1					$	(3)
Amounts reclassified from AOCI to earnings			(1)						—						(1)						—						—						—						Other noninterest expense
Actuarial loss			$	(4)					$	1					$	(3)					$	(4)					$	1					$	(3)






Unrealized (loss) gain on cash flow hedge derivatives:
AOCI activity before reclassifications			$	(28)					$	8					$	(20)					$	—					$	(1)					$	(1)
Amounts reclassified from AOCI to earnings			(2)						—						(2)						(1)						1						—						Interest income on loans and leases
Other comprehensive loss on cash flow hedge derivatives			$	(30)					$	8					$	(22)					$	(1)					$	—					$	(1)
Total other comprehensive (loss) income			$	(212)					$	54					$	(158)					$	114					$	(29)					$	85


dollars in millions			Six Months Ended June 30,
			2026																		2025
			Pretax						Income Taxes						Net of Income Taxes						Pretax						Income Taxes						Net of Income Taxes						Income Statement Line Items
Unrealized loss on securities available for sale:


Other comprehensive (loss) income on securities available for sale			$	(365)					$	93					$	(272)					$	441					$	(113)					$	328






Defined benefit pension items:
Actuarial loss			$	(5)					$	1					$	(4)					$	(4)					$	1					$	(3)
Amounts reclassified from AOCI to earnings			(1)						—						(1)						—						—						—						Other noninterest expense
Actuarial loss			$	(6)					$	1					$	(5)					$	(4)					$	1					$	(3)






Unrealized (loss) gain on cash flow hedge derivatives:
AOCI activity before reclassifications			$	(47)					$	13					$	(34)					$	12					$	(3)					$	9
Amounts reclassified from AOCI to earnings			(2)						—						(2)						(4)						1						(3)						Interest income on loans and leases
Other comprehensive (loss) income on cash flow hedge derivatives			$	(49)					$	13					$	(36)					$	8					$	(2)					$	6
Total other comprehensive (loss) income			$	(420)					$	107					$	(313)					$	445					$	(114)					$	331