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Loans, Leases, And Allowance For Credit Losses (Tables)
 9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Summary Of Major Portfolio Segment And Specific Loan Class
Loans and leases are summarized as follows according to major portfolio segment and specific loan class:
(In millions)September 30,
2020		December 31,
2019
Loans held for sale$89 $129 
Commercial:
Commercial and industrial$13,543 $14,760 
PPP6,810 — 
Leasing319 334 
Owner-occupied8,136 7,901 
Municipal2,706 2,393 
Total commercial31,514 25,388 
Commercial real estate:
Construction and land development2,298 2,211 
Term9,729 9,344 
Total commercial real estate12,027 11,555 
Consumer:
Home equity credit line2,797 2,917 
1-4 family residential7,209 7,568 
Construction and other consumer real estate633 624 
Bankcard and other revolving plans431 502 
Other134 155 
Total consumer11,204 11,766 
Total loans and leases
$54,745 $48,709 
Summary Of Changes in The Allowance For Credit Losses
Changes in the ACL are summarized as follows:
Three Months Ended September 30, 2020
(In millions)CommercialCommercial
real estate		ConsumerTotal
Allowance for loan losses
Balance at beginning of period$571 $144 $145 $860 
Provision for loan losses41 6 (2)45 
Gross loan and lease charge-offs54 1 3 58 
Recoveries4 — 2 6 
Net loan and lease charge-offs (recoveries)50 1 1 52 
Balance at end of period$562 $149 $142 $853 
Reserve for unfunded lending commitments
Balance at beginning of period$27 $20 $7 $54 
Provision for unfunded lending commitments14 (4)— 10 
Balance at end of period$41 $16 $7 $64 
Total allowance for credit losses at end of period
Allowance for loan losses$562 $149 $142 $853 
Reserve for unfunded lending commitments41 16 7 64 
Total allowance for credit losses$603 $165 $149 $917 
Nine Months Ended September 30, 2020
(In millions)CommercialCommercial
real estate		ConsumerTotal
Allowance for loan losses
Balance at December 31, 2019$341 $101 $53 $495 
Adjustment for change in accounting standard(59)(32)93 2 
Balance at beginning of period (January 1, 2020)282 69 146 497 
Provision for loan losses364 81 1 446 
Gross loan and lease charge-offs95 1 11 107 
Recoveries11 — 6 17 
Net loan and lease charge-offs (recoveries)84 1 5 90 
Balance at end of period$562 $149 $142 $853 
Reserve for unfunded lending commitments
Balance at December 31, 2019$39 $20 $— $59 
Adjustment for change in accounting standard(28)(8)6 (30)
Balance at beginning of period (January 1, 2020)11 12 6 29 
Provision for unfunded lending commitments30 4 1 35 
Balance at end of period$41 $16 $7 $64 
Total allowance for credit losses at end of period
Allowance for loan losses$562 $149 $142 $853 
Reserve for unfunded lending commitments41 16 7 64 
Total allowance for credit losses$603 $165 $149 $917 

Three Months Ended September 30, 2019
(In millions)CommercialCommercial
real estate		ConsumerTotal
Allowance for loan losses
Balance at beginning of period$338 $114 $51 $503 
Provision for loan losses9 (6)5 8 
Gross loan and lease charge-offs6 — 5 11 
Recoveries7 1 2 10 
Net loan and lease charge-offs (recoveries)(1)(1)3 1 
Balance at end of period$348 $109 $53 $510 
Reserve for unfunded lending commitments
Balance at beginning of period$41 $19 $— $60 
Provision for unfunded lending commitments— 2 — 2 
Balance at end of period$41 $21 $— $62 
Total allowance for credit losses at end of period
Allowance for loan losses$348 $109 $53 $510 
Reserve for unfunded lending commitments41 21 — 62 
Total allowance for credit losses$389 $130 $53 $572 
Nine Months Ended September 30, 2019
(In millions)CommercialCommercial
real estate		ConsumerTotal
Allowance for loan losses
Balance at beginning of period$331 $110 $54 $495 
Provision for loan losses31 (4)3 30 
Gross loan and lease charge-offs33 1 12 46 
Recoveries19 4 8 31 
Net loan and lease charge-offs (recoveries)14 (3)4 15 
Balance at end of period$348 $109 $53 $510 
Reserve for unfunded lending commitments
Balance at beginning of period$40 $17 $— $57 
Provision for unfunded lending commitments1 4 — 5 
Balance at end of period$41 $21 $— $62 
Total allowance for credit losses at end of period
Allowance for loan losses$348 $109 $53 $510 
Reserve for unfunded lending commitments41 21 — 62 
Total allowance for credit losses$389 $130 $53 $572 
Summary Of Nonaccrual Loans
The amortized cost basis of loans on nonaccrual status are summarized as follows:
September 30, 2020
Amortized cost basisTotal amortized cost basis
(In millions)with no allowancewith allowanceRelated allowance
Loans held for sale$14 $— $14 $— 
Commercial:
Commercial and industrial$48 $110 $158 $21 
PPP— — — — 
Leasing— 1 1 — 
Owner-occupied41 40 81 3 
Municipal— — — — 
Total commercial89 151 240 24 
Commercial real estate:
Construction and land development— — — — 
Term13 24 37 1 
Total commercial real estate13 24 37 1 
Consumer:
Home equity credit line2 14 16 3 
1-4 family residential7 52 59 4 
Construction and other consumer real estate— — — — 
Bankcard and other revolving plans— — — 1 
Other— — — — 
Total consumer loans9 66 75 8 
Total$111 $241 $352 $33 
The amount of accrued interest receivables written off by reversing interest income during the period is summarized by loan portfolio segment as follows:
(In millions)Three Months Ended
September 30, 2020		Nine Months Ended
September 30, 2020
Commercial$5 $13 
Commercial real estate1 2 
Consumer— — 
Total$6 $15 
Summary Of Past Due Loans (Accruing And Nonaccruing)
Past due loans (accruing and nonaccruing) are summarized as follows:
September 30, 2020
(In millions)Current30-89 days
past due		90+ days
past due		Total
past due		Total
loans		Accruing
loans
90+ days
past due
Nonaccrual
loans
that are
current 1
Commercial:
Commercial and industrial$13,467 $27 $49 $76 $13,543 $3 $106 
PPP6,810 — — — 6,810 — — 
Leasing319 — — — 319 — 1 
Owner-occupied8,084 20 32 52 8,136 3 45 
Municipal2,706 — — — 2,706 — — 
Total commercial31,386 47 81 128 31,514 6 152 
Commercial real estate:
Construction and land development
2,291 7 — 7 2,298 — — 
Term9,703 12 14 26 9,729 2 18 
Total commercial real estate11,994 19 14 33 12,027 2 18 
Consumer:
Home equity credit line2,788 6 3 9 2,797 — 9 
1-4 family residential7,164 9 36 45 7,209 — 19 
Construction and other consumer real estate
633 — — — 633 — — 
Bankcard and other revolving plans
427 3 1 4 431 1 1 
Other133 1 — 1 134 — — 
Total consumer loans11,145 19 40 59 11,204 1 29 
Total$54,525 $85 $135 $220 $54,745 $9 $199 
December 31, 2019
(In millions)Current30-89 days
past due		90+ days
past due		Total
past due		Total
loans		Accruing
loans
90+ days
past due
Nonaccrual
loans
that are
current 1
Commercial:
Commercial and industrial$14,665 $57 $38 $95 $14,760 $8 $54 
PPP— — — — — — — 
Leasing334 — — — 334 1 — 
Owner-occupied7,862 20 19 39 7,901 — 44 
Municipal2,393 — — — 2,393 — — 
Total commercial25,254 77 57 134 25,388 9 98 
Commercial real estate:
Construction and land development
2,206 5 — 5 2,211 — 1 
Term9,333 8 3 11 9,344 — 10 
Total commercial real estate11,539 13 3 16 11,555 — 11 
Consumer:
Home equity credit line2,908 6 3 9 2,917 — 7 
1-4 family residential7,532 12 24 36 7,568 — 13 
Construction and other consumer real estate
624 — — — 624 — — 
Bankcard and other revolving plans
499 2 1 3 502 1 — 
Other154 1 — 1 155 — — 
Total consumer loans11,717 21 28 49 11,766 1 20 
Total$48,510 $111 $88 $199 $48,709 $10 $129 
1 Represents nonaccrual loans that are not past due more than 30 days; however, full payment of principal and interest is still not expected.
Summary Of Outstanding Loan Balances (Accruing And Nonaccruing) Categorized By Credit Quality Indicators
The amortized cost basis of loans and leases categorized by year of origination and by credit quality classifications as monitored by management are summarized as follows:
September 30, 2020
Term LoansRevolving loans amortized cost basisRevolving loans converted to term loans amortized cost basis
Amortized cost basis by year of origination
(In millions)20202019201820172016PriorTotal
loans
Commercial:
Commercial and industrial
Pass$1,613 $3,192 $2,082 $994 $372 $284 $3,405 $85 $12,027 
Special Mention50 212 181 99 7 44 98 1 692 
Accruing Substandard98 110 222 76 18 17 120 5 666 
Nonaccrual42 7 8 37 2 17 35 10 158 
Total commercial and industrial
1,803 3,521 2,493 1,206 399 362 3,658 101 13,543 
PPP
Pass6,810 — — — — — — — 6,810 
Special Mention— — — — — — — — — 
Accruing Substandard— — — — — — — — — 
Nonaccrual— — — — — — — — — 
Total leasing6,810 — — — — — — — 6,810 
Leasing
Pass64 117 47 36 17 8 — — 289 
Special Mention— 11 3 2 1 6 — — 23 
Accruing Substandard2 2 1 1 — — — — 6 
Nonaccrual— — — — 1 — — — 1 
Total leasing66 130 51 39 19 14 — — 319 
Owner-occupied
Pass1,083 1,312 1,234 956 664 1,956 154 17 7,376 
Special Mention55 50 50 75 56 40 12 2 340 
Accruing Substandard25 50 62 38 35 111 17 1 339 
Nonaccrual5 14 16 12 7 25 1 1 81 
Total owner-occupied1,168 1,426 1,362 1,081 762 2,132 184 21 8,136 
Municipal
Pass663 868 374 442 76 242 3 — 2,668 
Special Mention— — — — — 10 — — 10 
Accruing Substandard— — 21 — — 7 — — 28 
Nonaccrual— — — — — — — — — 
Total municipal663 868 395 442 76 259 3 — 2,706 
Total commercial10,510 5,945 4,301 2,768 1,256 2,767 3,845 122 31,514 
September 30, 2020
Term LoansRevolving loans amortized cost basisRevolving loans converted to term loans amortized cost basis
Amortized cost basis by year of origination
(In millions)20202019201820172016PriorTotal
loans
Commercial real estate:
Construction and land development
Pass467 871 388 52 1 7 407 3 2,196 
Special Mention28 32 10 — — — 7 — 77 
Accruing Substandard— 4 — 21 — — — — 25 
Nonaccrual— — — — — — — — — 
Total construction and land development
495 907 398 73 1 7 414 3 2,298 
Term
Pass1,862 1,886 1,840 917 866 1,438 75 22 8,906 
Special Mention93 139 163 54 17 100 — — 566 
Accruing Substandard55 25 63 31 16 30 — — 220 
Nonaccrual— 5 — 3 1 27 1 — 37 
Total term2,010 2,055 2,066 1,005 900 1,595 76 22 9,729 
Total commercial real estate2,505 2,962 2,464 1,078 901 1,602 490 25 12,027 
Consumer:
Home equity credit line
Pass— — — — — — 2,640 130 2,770 
Accruing Substandard— — — — — — 10 1 11 
Nonaccrual— — — — — — 11 5 16 
Total home equity credit line— — — — — — 2,661 136 2,797 
1-4 family residential
Pass889 1,085 915 1,209 1,288 1,758 — — 7,144 
Accruing Substandard— — 1 — 1 4 — — 6 
Nonaccrual— 2 4 10 6 37 — — 59 
Total 1-4 family residential889 1,087 920 1,219 1,295 1,799 — — 7,209 
Construction and other consumer real estate
Pass119 339 141 20 1 13 — — 633 
Accruing Substandard— — — — — — — — — 
Nonaccrual— — — — — — — — — 
Total construction and other consumer real estate
119 339 141 20 1 13 — — 633 
Bankcard and other revolving plans
Pass— — — — — — 425 2 427 
Accruing Substandard— — — — — — 4 — 4 
Nonaccrual— — — — — — — — — 
Total bankcard and other revolving plans
— — — — — — 429 2 431 
Other consumer
Pass46 42 27 12 5 2 — — 134 
Accruing Substandard— — — — — — — — — 
Nonaccrual— — — — — — — — — 
Total other consumer46 42 27 12 5 2 — — 134 
Total consumer1,054 1,468 1,088 1,251 1,301 1,814 3,090 138 11,204 
Total loans$14,069 $10,375 $7,853 $5,097 $3,458 $6,183 $7,425 $285 $54,745 
Summary Of TDRs (Accruing And Nonaccruing) Categorized By Loan Class And Modification Type
Selected information on TDRs that includes the recorded investment on an accruing and nonaccruing basis by loan class and modification type is summarized in the following schedules:
September 30, 2020
Recorded investment resulting from the following modification types:
(In millions)Interest
rate below
market		Maturity
or term
extension		Principal
forgiveness		Payment
deferral
Other1
Multiple
modification
types2
Total
Accruing
Commercial:
Commercial and industrial$— $1 $— $1 $8 $4 $14 
Owner-occupied5 1 — 3 4 9 22 
Total commercial5 2 — 4 12 13 36 
Commercial real estate:
Term2 — — 7 94 24 127 
Total commercial real estate2 — — 7 94 24 127 
Consumer:
Home equity credit line— 1 7 — 1 2 11 
1-4 family residential1 1 4 — 1 16 23 
Construction and other consumer real estate
— — — — — — — 
Total consumer loans1 2 11 — 2 18 34 
Total accruing8 4 11 11 108 55 197 
Nonaccruing
Commercial:
Commercial and industrial— — — 2 31 20 53 
Owner-occupied5 — — 1 3 7 16 
Total commercial5 — — 3 34 27 69 
Commercial real estate:
Term— — — 1 3 2 6 
Total commercial real estate— — — 1 3 2 6 
Consumer:
Home equity credit line— — 1 — — 1 2 
1-4 family residential— — 1 — 1 5 7 
Total consumer loans— — 2 — 1 6 9 
Total nonaccruing5 — 2 4 38 35 84 
Total$13 $4 $13 $15 $146 $90 $281 
1 Includes TDRs that resulted from other modification types including, but not limited to, a legal judgment awarded on different terms, a bankruptcy plan confirmed on different terms, a settlement that includes the delivery of collateral in exchange for debt reduction, etc.
2 Includes TDRs that resulted from a combination of any of the previous modification types.
December 31, 2019
Recorded investment resulting from the following modification types:
(In millions)Interest
rate below
market		Maturity
or term
extension		Principal
forgiveness		Payment
deferral
Other1
Multiple
modification
types2
Total
Accruing
Commercial:
Commercial and industrial$1 $2 $— $— $8 $5 $16 
Owner-occupied3 1 — — 4 7 15 
Total commercial4 3 — — 12 12 31 
Commercial real estate:
Term2 — — 1 — 3 6 
Total commercial real estate2 — — 1 — 3 6 
Consumer:
Home equity credit line— 2 7 — — 2 11 
1-4 family residential1 1 4 — 1 22 29 
Construction and other consumer real estate
— 1 — — — — 1 
Total consumer loans1 4 11 — 1 24 41 
Total accruing7 7 11 1 13 39 78 
Nonaccruing
Commercial:
Commercial and industrial— 4 — 20 4 22 50 
Owner-occupied5 — — — 1 4 10 
Total commercial5 4 — 20 5 26 60 
Commercial real estate:
Term1 — — — 3 3 7 
Total commercial real estate1 — — — 3 3 7 
Consumer:
Home equity credit line— — 2 — — — 2 
1-4 family residential— — 1 — 1 4 6 
Total consumer loans— — 3 — 1 4 8 
Total nonaccruing6 4 3 20 9 33 75 
Total$13 $11 $14 $21 $22 $72 $153 
1 Includes TDRs that resulted from other modification types including, but not limited to, a legal judgment awarded on different terms, a bankruptcy plan confirmed on different terms, a settlement that includes the delivery of collateral in exchange for debt reduction, etc.
2 Includes TDRs that resulted from a combination of any of the previous modification types.
The recorded investment of accruing and nonaccruing TDRs that had a payment default during the period listed below (and are still in default at period end) and are within 12 months or less of being modified as TDRs is as follows:
Three Months Ended
September 30, 2020		Three Months Ended
September 30, 2019
(In millions)AccruingNonaccruingTotalAccruingNonaccruingTotal
Commercial and industrial$— $3 $3 $— $1 $1 
Total$— $3 $3 $— $1 $1 
Nine Months Ended
September 30, 2020		Nine Months Ended
September 30, 2019
(In millions)AccruingNonaccruingTotalAccruingNonaccruingTotal
Commercial and industrial$— $6 $6 $— $2 $2 
Owner-occupied— — — — 1 1 
Total commercial— 6 6 — 3 3 
Total$— $6 $6 $— $3 $3 
Note: Total loans modified as TDRs during the 12 months previous to September 30, 2020 and 2019 were $190 million and $73 million, respectively.
Summary Of Collateral-Dependent Loans
Selected information on loans for which the repayment is expected to be provided substantially through the operation or sale of the underlying collateral and the borrower is experiencing financial difficulties, including the type of collateral and the extent to which the collateral secures the loans, is summarized as follows:
September 30, 2020
(In millions)Amortized CostMajor Types of Collateral
Weighted Average LTV1
Commercial:
Commercial and industrial$19 Single family residential, Agriculture53%
Owner-occupied9 Office Building46%
Commercial real estate:
Term13 Multi-family, Hotel/Motel, Retail60%
Consumer:
Home equity credit line2 Single family residential33%
1-4 family residential3 Single family residential52%
Total$46 
1 The fair value is based on the most recent appraisal or other collateral evaluation.