Significant Group Concentrations of Credit Risk Significant Group Concentrations of Credit Risk (Tables)

12 Months Ended

Dec. 31, 2023

Significant Group Concentrations of Credit Risk [Abstract]

Schedule of Automotive Industry Outstanding Loans and Total Exposure

The following table summarizes the Corporation's commercial real estate loan portfolio by loan category.

(in millions)
December 31	2023		2022
Real estate construction loans:
Commercial Real Estate business line (a)	$	4,570	$	2,505
Other business lines (b)	513		600
Total real estate construction loans	5,083		3,105
Commercial mortgage loans:
Commercial Real Estate business line (a)	4,727		4,681
Other business lines (b)	8,959		8,625
Total commercial mortgage loans	13,686		13,306
Total commercial real estate loans	$	18,769	$	16,411
Total unused commitments on commercial real estate loans	$	4,382	$	6,602

(a)Primarily loans to real estate developers.

(b)Primarily loans secured by owner-occupied real estate.

Schedule of Commercial Real Estate Loans and Unused Commitments

Outstanding loans, included in commercial loans on the Consolidated Balance Sheets, and total exposure (outstanding loans, unused commitments and standby letters of credit) to companies related to the automotive industry were as follows:

(in millions)
December 31	2023		2022
Automotive loans:
Production	$	848	$	1,068
Dealer	6,191		5,367
Total automotive loans	$	7,039	$	6,435
Total automotive exposure:
Production	$	1,744	$	2,028
Dealer	10,418		10,910
Total automotive exposure	$	12,162	$	12,938