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MERGERS AND ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Amounts Recorded on Consolidated Balance Sheets in Conjunction with Acquisition
The following table summarizes the amounts recorded on the consolidated balance sheets as of the respective acquisition dates in conjunction with the Howard and Union acquisitions discussed above.
TABLE 3.1
(in millions)HowardUnion
Fair value of consideration paid$443 $126 
Fair value of identifiable assets acquired:
Cash and cash equivalents75 113 
Securities321 212 
Loans1,780 652 
Core deposit and other intangible assets19 41 
Fixed and other assets156 59 
Total identifiable assets acquired2,351 1,077 
Fair value of liabilities assumed:
Deposits1,831 956 
Borrowings247 30 
Other liabilities
Total liabilities assumed2,085 989 
Fair value of net identifiable assets acquired266 88 
Goodwill recognized $177 $38