XML 82 R67.htm IDEA: XBRL DOCUMENT v3.23.2
Credit Quality and the Allowance for Loan and Lease Losses - Summary of the Credit Risk Profile of the Bancorp's Commercial Portfolio Segment by Class (Details) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Financing Receivable, Modifications    
Total portfolio loans and leases [1],[2] $ 121,891 $ 121,480
Commercial    
Financing Receivable, Modifications    
Year One 3,107 7,198
Year Two 6,936 5,338
Year Three 4,198 2,734
Year Four 2,209 1,455
Year Five 1,221 900
Prior 2,180 1,876
Revolving Loans 56,501 56,888
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 76,352 76,389
Commercial | Pass    
Financing Receivable, Modifications    
Year One 2,742 6,795
Year Two 6,645 5,081
Year Three 3,943 2,405
Year Four 1,913 1,299
Year Five 1,082 830
Prior 1,945 1,625
Revolving Loans 53,000 53,282
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 71,270 71,317
Commercial | Special mention    
Financing Receivable, Modifications    
Year One 97 83
Year Two 77 127
Year Three 115 56
Year Four 54 52
Year Five 24 30
Prior 64 68
Revolving Loans 1,554 1,658
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 1,985 2,074
Commercial | Substandard    
Financing Receivable, Modifications    
Year One 268 320
Year Two 214 130
Year Three 140 273
Year Four 242 104
Year Five 115 40
Prior 171 183
Revolving Loans 1,947 1,948
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 3,097 2,998
Commercial | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 0 0
Commercial | Commercial and industrial loans    
Financing Receivable, Modifications    
Year One 1,475 4,040
Year Two 4,275 3,199
Year Three 2,380 1,242
Year Four 991 507
Year Five 426 286
Prior 667 619
Revolving Loans 46,683 47,339
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 56,897 57,232
Commercial | Commercial and industrial loans | Pass    
Financing Receivable, Modifications    
Year One 1,355 3,825
Year Two 4,066 3,098
Year Three 2,310 994
Year Four 769 445
Year Five 350 269
Prior 521 488
Revolving Loans 43,756 44,521
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 53,127 53,640
Commercial | Commercial and industrial loans | Special mention    
Financing Receivable, Modifications    
Year One 16 65
Year Two 53 24
Year Three 6 15
Year Four 17 36
Year Five 18 10
Prior 39 24
Revolving Loans 1,297 1,221
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 1,446 1,395
Commercial | Commercial and industrial loans | Substandard    
Financing Receivable, Modifications    
Year One 104 150
Year Two 156 77
Year Three 64 233
Year Four 205 26
Year Five 58 7
Prior 107 107
Revolving Loans 1,630 1,597
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 2,324 2,197
Commercial | Commercial and industrial loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 0 0
Commercial | Commercial mortgage owner-occupied loans    
Financing Receivable, Modifications    
Year One 647 1,245
Year Two 1,069 855
Year Three 738 555
Year Four 458 342
Year Five 256 184
Prior 328 291
Revolving Loans 1,938 1,786
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 5,434 5,258
Commercial | Commercial mortgage owner-occupied loans | Pass    
Financing Receivable, Modifications    
Year One 560 1,177
Year Two 1,044 826
Year Three 697 522
Year Four 439 257
Year Five 202 160
Prior 308 264
Revolving Loans 1,778 1,624
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 5,028 4,830
Commercial | Commercial mortgage owner-occupied loans | Special mention    
Financing Receivable, Modifications    
Year One 27 17
Year Two 7 15
Year Three 20 13
Year Four 3 12
Year Five 1 13
Prior 11 2
Revolving Loans 22 56
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 91 128
Commercial | Commercial mortgage owner-occupied loans | Substandard    
Financing Receivable, Modifications    
Year One 60 51
Year Two 18 14
Year Three 21 20
Year Four 16 73
Year Five 53 11
Prior 9 25
Revolving Loans 138 106
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 315 300
Commercial | Commercial mortgage owner-occupied loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 0 0
Commercial | Commercial mortgage nonowner-occupied loans    
Financing Receivable, Modifications    
Year One 430 1,193
Year Two 1,048 565
Year Three 424 534
Year Four 465 398
Year Five 353 221
Prior 336 210
Revolving Loans 2,820 2,641
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 5,876 5,762
Commercial | Commercial mortgage nonowner-occupied loans | Pass    
Financing Receivable, Modifications    
Year One 349 1,127
Year Two 1,004 462
Year Three 335 490
Year Four 421 397
Year Five 352 220
Prior 315 170
Revolving Loans 2,638 2,453
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 5,414 5,319
Commercial | Commercial mortgage nonowner-occupied loans | Special mention    
Financing Receivable, Modifications    
Year One 54 1
Year Two 15 84
Year Three 81 26
Year Four 26 0
Year Five 0 0
Prior 4 23
Revolving Loans 109 88
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 289 222
Commercial | Commercial mortgage nonowner-occupied loans | Substandard    
Financing Receivable, Modifications    
Year One 27 65
Year Two 29 19
Year Three 8 18
Year Four 18 1
Year Five 1 1
Prior 17 17
Revolving Loans 73 100
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 173 221
Commercial | Commercial mortgage nonowner-occupied loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 0 0
Commercial | Commercial construction loans    
Financing Receivable, Modifications    
Year One 211 135
Year Two 71 31
Year Three 67 93
Year Four 42 8
Year Five 8 35
Prior 16 9
Revolving Loans 5,060 5,122
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 5,475 5,433
Commercial | Commercial construction loans | Pass    
Financing Receivable, Modifications    
Year One 144 82
Year Two 71 31
Year Three 34 93
Year Four 42 8
Year Five 8 35
Prior 16 7
Revolving Loans 4,828 4,684
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 5,143 4,940
Commercial | Commercial construction loans | Special mention    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 126 293
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 126 293
Commercial | Commercial construction loans | Substandard    
Financing Receivable, Modifications    
Year One 67 53
Year Two 0 0
Year Three 33 0
Year Four 0 0
Year Five 0 0
Prior 0 2
Revolving Loans 106 145
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 206 200
Commercial | Commercial construction loans | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 0 0
Commercial | Commercial leases    
Financing Receivable, Modifications    
Year One 344 585
Year Two 473 688
Year Three 589 310
Year Four 253 200
Year Five 178 174
Prior 833 747
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 2,670 2,704
Commercial | Commercial leases | Pass    
Financing Receivable, Modifications    
Year One 334 584
Year Two 460 664
Year Three 567 306
Year Four 242 192
Year Five 170 146
Prior 785 696
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 2,558 2,588
Commercial | Commercial leases | Special mention    
Financing Receivable, Modifications    
Year One 0 0
Year Two 2 4
Year Three 8 2
Year Four 8 4
Year Five 5 7
Prior 10 19
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 33 36
Commercial | Commercial leases | Substandard    
Financing Receivable, Modifications    
Year One 10 1
Year Two 11 20
Year Three 14 2
Year Four 3 4
Year Five 3 21
Prior 38 32
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases 79 80
Commercial | Commercial leases | Doubtful    
Financing Receivable, Modifications    
Year One 0 0
Year Two 0 0
Year Three 0 0
Year Four 0 0
Year Five 0 0
Prior 0 0
Revolving Loans 0 0
Revolving Loans Converted to Term Loans 0 0
Total portfolio loans and leases $ 0 $ 0
[1] Includes $1 and $17 of other short-term investments, $42 and $185 of portfolio loans and leases, $(1) and $(2) of ALLL, $0 and $2 of other assets, $9 and $9 of other liabilities, and $37 and $118 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2023 and December 31, 2022, respectively. For further information, refer to Note 11.
[2] Includes $124 and $123 of residential mortgage loans measured at fair value at June 30, 2023 and December 31, 2022, respectively.