XML 79 R69.htm IDEA: XBRL DOCUMENT v3.23.3
ALLOWANCE FOR CREDIT LOSSES ON LOANS AND LEASES - Changes in Allowance for Credit Losses (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance     $ 402.0  
Charge- Offs     (69.6)  
Provision for Credit Losses $ 25.9 $ 11.2 58.5 $ 35.6
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 401.0   401.0  
Unfunded loan commitment        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 21.0 18.2 21.4 19.1
Charge- Offs 0.0 0.0 0.0 0.0
Recoveries 0.0 0.0 0.0 0.0
Net (Charge- Offs) Recoveries 0.0 0.0 0.0 0.0
Provision for Credit Losses 0.3 1.1 (0.1) 0.2
Allowance for PCD Loans and Leases at Acquisition       0.0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 21.3 19.3 21.3 19.3
Total commercial loans and leases        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 287.5 270.1 281.7 261.2
Charge- Offs (38.7) (3.0) (60.7) (10.4)
Recoveries 2.5 1.7 6.9 8.3
Net (Charge- Offs) Recoveries (36.2) (1.3) (53.8) (2.1)
Provision for Credit Losses 21.6 1.1 45.0 3.0
Allowance for PCD Loans and Leases at Acquisition       7.8
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 272.9 269.9 272.9 269.9
Total commercial loans and leases | Commercial real estate        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 154.2 157.9 162.1 156.5
Charge- Offs (0.6) (1.3) (8.9) (2.9)
Recoveries 0.9 0.5 3.2 2.6
Net (Charge- Offs) Recoveries 0.3 (0.8) (5.7) (0.3)
Provision for Credit Losses 0.5 (1.8) (1.4) (5.3)
Allowance for PCD Loans and Leases at Acquisition       4.4
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 155.0 155.3 155.0 155.3
Total commercial loans and leases | Commercial and industrial        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 114.3 94.3 102.1 87.4
Charge- Offs (37.2) (0.8) (48.5) (5.1)
Recoveries 1.4 0.9 3.0 4.9
Net (Charge- Offs) Recoveries (35.8) 0.1 (45.5) (0.2)
Provision for Credit Losses 17.1 1.8 39.0 5.6
Allowance for PCD Loans and Leases at Acquisition       3.4
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 95.6 96.2 95.6 96.2
Total commercial loans and leases | Commercial leases        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 15.2 13.7 13.5 14.7
Charge- Offs 0.0 0.0 0.0 (0.1)
Recoveries 0.0 0.0 0.0 0.0
Net (Charge- Offs) Recoveries 0.0 0.0 0.0 (0.1)
Provision for Credit Losses 2.9 0.5 4.6 (0.4)
Allowance for PCD Loans and Leases at Acquisition       0.0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 18.1 14.2 18.1 14.2
Total commercial loans and leases | Other        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 3.8 4.2 4.0 2.6
Charge- Offs (0.9) (0.9) (3.3) (2.3)
Recoveries 0.2 0.3 0.7 0.8
Net (Charge- Offs) Recoveries (0.7) (0.6) (2.6) (1.5)
Provision for Credit Losses 1.1 0.6 2.8 3.1
Allowance for PCD Loans and Leases at Acquisition       0.0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 4.2 4.2 4.2 4.2
Total commercial loans and leases | Unfunded loan commitment        
Allowance for Loan and Lease Losses [Roll Forward]        
Provision for Credit Losses 0.3 1.1 (0.1) 0.2
Total consumer loans        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 125.2 107.9 120.0 83.1
Charge- Offs (2.5) (2.7) (8.9) (5.8)
Recoveries 1.0 1.2 3.1 3.6
Net (Charge- Offs) Recoveries (1.5) (1.5) (5.8) (2.2)
Provision for Credit Losses 4.0 9.0 13.5 32.3
Allowance for PCD Loans and Leases at Acquisition       2.2
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 127.7 115.4 127.7 115.4
Total consumer loans | Direct installment        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 35.6 34.2 35.9 26.4
Charge- Offs (0.1) (0.2) (0.5) (0.4)
Recoveries 0.2 0.1 0.5 0.5
Net (Charge- Offs) Recoveries 0.1 (0.1) 0.0 0.1
Provision for Credit Losses (1.0) 2.0 (1.2) 9.1
Allowance for PCD Loans and Leases at Acquisition       0.5
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 34.7 36.1 34.7 36.1
Total consumer loans | Residential mortgages        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 63.4 47.2 55.5 33.1
Charge- Offs (0.1) (0.3) (0.7) (0.6)
Recoveries 0.1 0.2 0.3 0.5
Net (Charge- Offs) Recoveries 0.0 (0.1) (0.4) (0.1)
Provision for Credit Losses 4.0 4.3 12.3 17.1
Allowance for PCD Loans and Leases at Acquisition       1.3
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 67.4 51.4 67.4 51.4
Total consumer loans | Indirect installment        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 16.6 16.0 17.3 13.5
Charge- Offs (2.1) (1.9) (6.9) (4.1)
Recoveries 0.5 0.6 1.6 1.7
Net (Charge- Offs) Recoveries (1.6) (1.3) (5.3) (2.4)
Provision for Credit Losses 1.1 2.4 4.1 6.0
Allowance for PCD Loans and Leases at Acquisition       0.0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 16.1 17.1 16.1 17.1
Total consumer loans | Consumer lines of credit        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 9.6 10.5 11.3 10.1
Charge- Offs (0.2) (0.3) (0.8) (0.7)
Recoveries 0.2 0.3 0.7 0.9
Net (Charge- Offs) Recoveries 0.0 0.0 (0.1) 0.2
Provision for Credit Losses (0.1) 0.3 (1.7) 0.1
Allowance for PCD Loans and Leases at Acquisition       0.4
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 9.5 10.8 9.5 10.8
Allowance for credit losses on loans and leases        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 412.7 378.0 401.7 344.3
Charge- Offs (41.2) (5.7) (69.6) (16.2)
Recoveries 3.5 2.9 10.0 11.9
Net (Charge- Offs) Recoveries (37.7) (2.8) (59.6) (4.3)
Provision for Credit Losses 25.6 10.1 58.5 35.3
Allowance for PCD Loans and Leases at Acquisition       10.0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance 400.6 385.3 400.6 385.3
Allowance for credit losses on loans and leases and allowance for unfunded loan commitments        
Allowance for Loan and Lease Losses [Roll Forward]        
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Beginning Balance 433.7 396.2 423.1 363.4
Charge- Offs (41.2) (5.7) (69.6) (16.2)
Recoveries 3.5 2.9 10.0 11.9
Net (Charge- Offs) Recoveries (37.7) (2.8) (59.6) (4.3)
Provision for Credit Losses 25.9 11.2 58.4 35.5
Allowance for PCD Loans and Leases at Acquisition       10.0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest, Ending Balance $ 421.9 $ 404.6 $ 421.9 $ 404.6