Quarterly report pursuant to Section 13 or 15(d)

Outstanding Loans and Leases and Allowance for Credit Losses - Loan Modifications, Narrative (Details)

v3.23.3
Outstanding Loans and Leases and Allowance for Credit Losses - Loan Modifications, Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Trial modifications | Minimum          
Financing Receivable, Modified [Line Items]          
Term for contractual payments     3 months    
Trial modifications | Maximum          
Financing Receivable, Modified [Line Items]          
Term for contractual payments     4 months    
Consumer real estate          
Financing Receivable, Modified [Line Items]          
Defaults of modified loans   $ 72   $ 156  
Real estate acquired through foreclosure $ 93   $ 93   $ 121
Loans with formal foreclosure proceeding in process 684   684   871
Reclassified consumer real estate loans     86 151  
Total 655   655    
Consumer real estate | Current          
Financing Receivable, Modified [Line Items]          
Total 346   346    
Consumer real estate | 30–89 Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 125   125    
Consumer real estate | 90+ Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 184   $ 184    
Consumer real estate | Trial modifications          
Financing Receivable, Modified [Line Items]          
Defaults of modified loans   $ 8   $ 19  
Consumer real estate | Residential Mortgage And Home Equity Loan | Permanent Modifications          
Financing Receivable, Modified [Line Items]          
Modified term     30 years    
Consumer real estate | Residential mortgage          
Financing Receivable, Modified [Line Items]          
Percentage of outstanding loans     0.25%    
Defaults of modified loans     $ 160    
Total 565   565    
Consumer real estate | Residential mortgage | Current          
Financing Receivable, Modified [Line Items]          
Total 295   295    
Consumer real estate | Residential mortgage | 30–89 Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 114   114    
Consumer real estate | Residential mortgage | 90+ Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 156   156    
Consumer real estate | Residential mortgage | Forbearance And Other Payment Plans          
Financing Receivable, Modified [Line Items]          
Total $ 270   $ 437    
Increase of weighted-average life of impacted loans 4 months   8 months    
Forborne payments for modifications $ 6   $ 19    
Consumer real estate | Residential mortgage | Trial modifications          
Financing Receivable, Modified [Line Items]          
Total 33   83    
Consumer real estate | Residential mortgage | Permanent Modifications          
Financing Receivable, Modified [Line Items]          
Total $ 47   $ 128    
Increase of weighted-average life of impacted loans 12 years 1 month 6 days   9 years 10 months 24 days    
Weighted average interest rate reduction 1.31%   1.50%    
Consumer real estate | Residential mortgage | Permanent Modifications | Minimum          
Financing Receivable, Modified [Line Items]          
Modified term     1 year    
Consumer real estate | Residential mortgage | Permanent Modifications | Maximum          
Financing Receivable, Modified [Line Items]          
Modified term     20 years    
Consumer real estate | Home equity          
Financing Receivable, Modified [Line Items]          
Percentage of outstanding loans     0.35%    
Defaults of modified loans     $ 26    
Total $ 90   90    
Consumer real estate | Home equity | Current          
Financing Receivable, Modified [Line Items]          
Total 51   51    
Consumer real estate | Home equity | 30–89 Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 11   11    
Consumer real estate | Home equity | 90+ Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 28   28    
Consumer real estate | Home equity | Forbearance And Other Payment Plans          
Financing Receivable, Modified [Line Items]          
Total $ 39   $ 64    
Increase of weighted-average life of impacted loans 4 months   9 months    
Forborne payments for modifications $ 2   $ 7    
Consumer real estate | Home equity | Trial modifications          
Financing Receivable, Modified [Line Items]          
Total 10   31    
Consumer real estate | Home equity | Permanent Modifications          
Financing Receivable, Modified [Line Items]          
Total $ 9   $ 26    
Increase of weighted-average life of impacted loans 17 years 2 months 12 days   16 years 2 months 12 days    
Weighted average interest rate reduction 2.69%   3.11%    
Consumer real estate | Home equity | Permanent Modifications | Minimum          
Financing Receivable, Modified [Line Items]          
Modified term     1 year    
Consumer real estate | Home equity | Permanent Modifications | Maximum          
Financing Receivable, Modified [Line Items]          
Modified term     20 years    
Credit card and other consumer          
Financing Receivable, Modified [Line Items]          
Percentage of outstanding loans     0.22%    
Total $ 196   $ 455    
Weighted average interest rate reduction 19.40%   19.02%    
Total $ 455   $ 455    
Credit card and other consumer | Current          
Financing Receivable, Modified [Line Items]          
Total 370   370    
Credit card and other consumer | 30–89 Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 47   47    
Credit card and other consumer | 90+ Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 38   $ 38    
Credit card and other consumer | Interest Rate Reduction          
Financing Receivable, Modified [Line Items]          
Term for contractual payments     60 months    
Credit card and other consumer | Interest Rate Reduction | Minimum          
Financing Receivable, Modified [Line Items]          
Term for contractual payments     6 months    
Credit card and other consumer | Interest Rate Reduction | Maximum          
Financing Receivable, Modified [Line Items]          
Term for contractual payments     72 months    
Credit card and other consumer | Principal Forgiveness          
Financing Receivable, Modified [Line Items]          
Total 16   $ 41    
Commercial          
Financing Receivable, Modified [Line Items]          
Total $ 1,427   $ 2,343    
Weighted average interest rate reduction 0.59%   0.59%    
Total $ 2,343   $ 2,343    
Lending commitments         $ 358
Commercial | Current          
Financing Receivable, Modified [Line Items]          
Total 2,035   2,035    
Commercial | 30–89 Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 81   81    
Commercial | 90+ Days Past Due          
Financing Receivable, Modified [Line Items]          
Total 227   227    
Commercial | Interest Rate Reduction          
Financing Receivable, Modified [Line Items]          
Total 24   24    
Commercial | Payment Deferral          
Financing Receivable, Modified [Line Items]          
Total $ 243   $ 320    
Commercial | Commercial loans          
Financing Receivable, Modified [Line Items]          
Increase of weighted-average life of impacted loans 1 year 9 months 18 days   1 year 9 months 18 days    
Lending commitments $ 871   $ 871    
Commercial | Commercial loans | Forbearance Program          
Financing Receivable, Modified [Line Items]          
Increase of weighted-average life of impacted loans 8 months   9 months    
Commercial | Commercial loans | Payment Deferral | Minimum          
Financing Receivable, Modified [Line Items]          
Increase of weighted-average life of impacted loans     9 months    
Commercial | Commercial loans | Payment Deferral | Maximum          
Financing Receivable, Modified [Line Items]          
Increase of weighted-average life of impacted loans     24 months