Loans and Leases (Tables)

12 Months Ended

Dec. 31, 2022

Amounts Outstanding for Loans and Leases by Segment and Class

Amounts outstanding for Loans and Leases, by segment and class, are shown in the following table.

TABLE 68: LOANS AND LEASES


	DECEMBER 31,
(In Millions)	2022		2021
Commercial
Commercial and Institutional(1)	$	12,415.0	$	11,489.2
Commercial Real Estate	4,773.0		4,326.3
Non-U.S.(1)	3,131.1		1,990.2
Lease Financing, net	—		11.0
Other	1,316.5		670.7
Total Commercial	21,635.6		18,487.4
Personal
Private Client	14,119.0		15,256.3
Residential Real Estate	6,413.5		6,319.9
Non-U.S.	510.0		381.8
Other	215.2		35.2
Total Personal	21,257.7		21,993.2
Total Loans and Leases	$	42,893.3	$	40,480.6

(1) Commercial and institutional and commercial-non-U.S. combined include $5.6 billion and $4.9 billion of private equity capital call finance loans at December 31, 2022 and 2021, respectively.

Loan and Lease Segment and Class Balances Segregated by Borrower Ratings into "1 to 3", "4 to 5" and "6 to 9" (Watch List) Categories

TABLE 69: CREDIT QUALITY INDICATOR AT AMORTIZED COST BASIS BY ORIGINATION YEAR


DECEMBER 31, 2022	TERM LOANS AND LEASES												REVOLVING LOANS		REVOLVING LOANS CONVERTED TO TERM LOANS
(In Millions)	2022		2021		2020		2019		2018		PRIOR						TOTAL
Commercial
Commercial and Institutional
Risk Rating:
1 to 3 Category	$	753.3	$	1,087.5	$	209.8	$	159.3	$	45.9	$	511.3	$	6,032.8	$	17.7	$	8,817.6
4 to 5 Category	744.1		740.6		300.8		191.1		151.4		174.7		1,102.3		32.9		3,437.9
6 to 9 Category	50.8		30.5		—		13.7		—		—		64.5		—		159.5
Total Commercial and Institutional	1,548.2		1,858.6		510.6		364.1		197.3		686.0		7,199.6		50.6		12,415.0
Commercial Real Estate
Risk Rating:
1 to 3 Category	318.7		227.4		123.6		123.5		39.8		39.1		113.4		3.0		988.5
4 to 5 Category	968.5		1,040.0		637.8		447.3		153.0		256.9		181.5		17.5		3,702.5
6 to 9 Category	7.7		22.7		—		49.1		—		—		2.5		—		82.0
Total Commercial Real Estate	1,294.9		1,290.1		761.4		619.9		192.8		296.0		297.4		20.5		4,773.0
Non-U.S.
Risk Rating:
1 to 3 Category	991.9		46.2		109.6		14.8		—		6.5		1,158.3		—		2,327.3
4 to 5 Category	459.0		—		—		—		—		214.9		89.5		1.8		765.2
6 to 9 Category	0.1		—		—		23.1		—		—		15.4		—		38.6
Total Non-U.S.	1,451.0		46.2		109.6		37.9		—		221.4		1,263.2		1.8		3,131.1




Other
Risk Rating:
1 to 3 Category	993.9		—		—		—		—		—		—		—		993.9
4 to 5 Category	322.6		—		—		—		—		—		—		—		322.6
Total Other	1,316.5		—		—		—		—		—		—		—		1,316.5
Total Commercial	5,610.6		3,194.9		1,381.6		1,021.9		390.1		1,203.4		8,760.2		72.9		21,635.6
Personal
Private Client
Risk Rating:
1 to 3 Category	395.5		159.9		50.5		313.6		13.4		18.5		5,352.5		28.2		6,332.1
4 to 5 Category	430.3		755.1		192.4		191.3		38.7		160.0		5,728.6		267.2		7,763.6
6 to 9 Category	0.9		—		0.1		—		18.6		—		3.7		—		23.3
Total Private Client	826.7		915.0		243.0		504.9		70.7		178.5		11,084.8		295.4		14,119.0
Residential Real Estate
Risk Rating:
1 to 3 Category	871.6		666.7		567.7		168.1		102.9		750.8		128.4		7.9		3,264.1
4 to 5 Category	354.3		656.7		597.6		290.0		170.9		838.2		180.4		1.0		3,089.1
6 to 9 Category	—		6.8		1.5		1.1		3.7		35.9		11.3		—		60.3
Total Residential Real Estate	1,225.9		1,330.2		1,166.8		459.2		277.5		1,624.9		320.1		8.9		6,413.5
Non-U.S.
Risk Rating:
1 to 3 Category	3.0		3.7		—		—		4.6		2.3		124.6		—		138.2
4 to 5 Category	24.2		40.3		—		21.3		3.2		2.9		272.0		7.8		371.7
6 to 9 Category	—		—		—		—		—		0.1		—		—		0.1
Total Non-U.S.	27.2		44.0		—		21.3		7.8		5.3		396.6		7.8		510.0
Other
Risk Rating:
1 to 3 Category	190.8		—		—		—		—		—		—		—		190.8
4 to 5 Category	24.4		—		—		—		—		—		—		—		24.4
Total Other	215.2		—		—		—		—		—		—		—		215.2
Total Personal	2,295.0		2,289.2		1,409.8		985.4		356.0		1,808.7		11,801.5		312.1		21,257.7
Total Loans and Leases	$	7,905.6	$	5,484.1	$	2,791.4	$	2,007.3	$	746.1	$	3,012.1	$	20,561.7	$	385.0	$	42,893.3


December 31, 2021	TERM LOANS AND LEASES												REVOLVING LOANS		REVOLVING LOANS CONVERTED TO TERM LOANS
(In Millions)	2021		2020		2019		2018		2017		PRIOR						TOTAL
Commercial
Commercial and Institutional
Risk Rating:
1 to 3 Category	$	1,042.0	$	310.2	$	468.9	$	163.9	$	55.4	$	541.6	$	4,946.0	$	0.1	$	7,528.1
4 to 5 Category	993.4		441.7		406.7		193.6		243.3		230.2		1,217.8		33.1		3,759.8
6 to 9 Category	44.0		6.0		47.1		30.2		9.9		1.9		62.2		—		201.3
Total Commercial and Institutional	2,079.4		757.9		922.7		387.7		308.6		773.7		6,226.0		33.2		11,489.2
Commercial Real Estate
Risk Rating:
1 to 3 Category	472.0		298.7		279.8		65.8		16.6		79.5		67.5		2.9		1,282.8
4 to 5 Category	912.7		644.8		491.5		205.4		89.6		390.6		182.3		20.5		2,937.4
6 to 9 Category	50.1		—		50.6		—		—		2.9		2.5		—		106.1
Total Commercial Real Estate	1,434.8		943.5		821.9		271.2		106.2		473.0		252.3		23.4		4,326.3
Non-U.S.
Risk Rating:
1 to 3 Category	816.5		68.9		38.4		—		9.1		—		582.0		—		1,514.9
4 to 5 Category	167.0		—		—		1.9		—		191.9		73.3		1.8		435.9
6 to 9 Category	2.9		—		23.1		—		—		—		13.4		—		39.4
Total Non-U.S.	986.4		68.9		61.5		1.9		9.1		191.9		668.7		1.8		1,990.2
Lease Financing, net
Risk Rating:
6 to 9 Category	—		—		—		—		—		11.0		—		—		11.0
Total Lease Financing, net	—		—		—		—		—		11.0		—		—		11.0
Other
Risk Rating:
1 to 3 Category	551.5		—		—		—		—		—		—		—		551.5
4 to 5 Category	119.2		—		—		—		—		—		—		—		119.2
Total Other	670.7		—		—		—		—		—		—		—		670.7
Total Commercial	5,171.3		1,770.3		1,806.1		660.8		423.9		1,449.6		7,147.0		58.4		18,487.4
Personal
Private Client
Risk Rating:
1 to 3 Category	432.5		116.6		90.3		14.9		39.3		129.8		7,592.8		44.7		8,460.9
4 to 5 Category	567.8		335.2		396.9		213.3		55.0		39.9		4,979.8		178.3		6,766.2
6 to 9 Category	1.9		2.4		3.0		20.4		—		—		1.5		—		29.2
Total Private Client	1,002.2		454.2		490.2		248.6		94.3		169.7		12,574.1		223.0		15,256.3
Residential Real Estate
Risk Rating:
1 to 3 Category	1,018.1		660.3		213.0		110.4		139.8		763.1		161.5		—		3,066.2
4 to 5 Category	434.0		676.6		325.5		190.9		172.1		1,145.9		218.1		2.2		3,165.3
6 to 9 Category	0.3		9.9		6.5		5.3		6.3		55.1		5.0		—		88.4
Total Residential Real Estate	1,452.4		1,346.8		545.0		306.6		318.2		1,964.1		384.6		2.2		6,319.9
Non-U.S.
Risk Rating:
1 to 3 Category	27.5		—		1.2		—		—		1.0		44.1		—		73.8
4 to 5 Category	36.1		—		20.6		10.4		—		3.8		229.1		7.8		307.8
6 to 9 Category	—		—		—		—		—		0.2		—		—		0.2
Total Non-U.S.	63.6		—		21.8		10.4		—		5.0		273.2		7.8		381.8
Other
Risk Rating:
1 to 3 Category	13.4		—		—		—		—		—		—		—		13.4
4 to 5 Category	21.8		—		—		—		—		—		—		—		21.8
Total Other	35.2		—		—		—		—		—		—		—		35.2
Total Personal	2,553.4		1,801.0		1,057.0		565.6		412.5		2,138.8		13,231.9		233.0		21,993.2
Total Loans and Leases	$	7,724.7	$	3,571.3	$	2,863.1	$	1,226.4	$	836.4	$	3,588.4	$	20,378.9	$	291.4	$	40,480.6

Impaired Loans By Segment and Class

The following table provides balances and delinquency status of accrual and nonaccrual loans and leases by segment and class, as well as the other real estate owned and nonaccrual asset balances, as of December 31, 2022 and 2021.

TABLE 70: DELINQUENCY STATUS


	ACCRUAL														NONACCRUAL WITH NO ALLOWANCE
(In Millions)	CURRENT		30 – 59 DAYS PAST DUE		60 – 89 DAYS PAST DUE		90 DAYS OR MORE PAST DUE		TOTAL ACCRUAL		NONACCRUAL		TOTAL LOANS AND LEASES
December 31, 2022
Commercial
Commercial and Institutional	$	12,353.7	$	40.2	$	3.0	$	0.7	$	12,397.6	$	17.4	$	12,415.0	$	4.4
Commercial Real Estate	4,761.5		1.3		—		—		4,762.8		10.2		4,773.0		6.2
Non-U.S.	3,131.1		—		—		—		3,131.1		—		3,131.1		—

Other	1,316.5		—		—		—		1,316.5		—		1,316.5		—
Total Commercial	21,562.8		41.5		3.0		0.7		21,608.0		27.6		21,635.6		10.6
Personal
Private Client	13,843.5		192.3		29.9		53.3		14,119.0		—		14,119.0		—
Residential Real Estate	6,373.2		9.6		12.3		0.1		6,395.2		18.3		6,413.5		18.3
Non-U.S.	509.9		—		—		0.1		510.0		—		510.0		—
Other	215.2		—		—		—		215.2		—		215.2		—
Total Personal	20,941.8		201.9		42.2		53.5		21,239.4		18.3		21,257.7		18.3
Total Loans and Leases	$	42,504.6	$	243.4	$	45.2	$	54.2	$	42,847.4	$	45.9	$	42,893.3	$	28.9
					Other Real Estate Owned						$	—
					Total Nonaccrual Assets						$	45.9


	ACCRUAL														NONACCRUAL WITH NO ALLOWANCE
(In Millions)	CURRENT		30 – 59 DAYS PAST DUE		60 – 89 DAYS PAST DUE		90 DAYS OR MORE PAST DUE		TOTAL ACCRUAL		NONACCRUAL		TOTAL LOANS AND LEASES
December 31, 2021
Commercial
Commercial and Institutional	$	11,434.7	$	32.5	$	2.1	$	0.4	$	11,469.7	$	19.5	$	11,489.2	$	8.8
Commercial Real Estate	4,256.6		3.1		—		—		4,259.7		66.6		4,326.3		52.3
Non-U.S.	1,990.2		—		—		—		1,990.2		—		1,990.2		—
Lease Financing, net	11.0		—		—		—		11.0		—		11.0		—
Other	670.7		—		—		—		670.7		—		670.7		—
Total Commercial	18,363.2		35.6		2.1		0.4		18,401.3		86.1		18,487.4		61.1
Personal
Private Client	14,927.3		229.5		71.8		27.7		15,256.3		—		15,256.3		—
Residential Real Estate	6,273.2		7.0		3.3		0.2		6,283.7		36.2		6,319.9		36.2
Non-U.S	381.6		0.2		—		—		381.8		—		381.8		—
Other	35.2		—		—		—		35.2		—		35.2		—
Total Personal	21,617.3		236.7		75.1		27.9		21,957.0		36.2		21,993.2		36.2
Total Loans and Leases	$	39,980.5	$	272.3	$	77.2	$	28.3	$	40,358.3	$	122.3	$	40,480.6	$	97.3
					Other Real Estate Owned						$	3.0
					Total Nonaccrual Assets						$	125.3

Number of Loans and Leases Modified in TDRs and Total Recorded Investments and Unpaid Principal Balances

The following table provides, by segment and class, the number of TDR modifications of loans and leases during the years ended December 31, 2022, and 2021, and the recorded investments and unpaid principal balances as of December 31, 2022 and 2021.

TABLE 71: TROUBLED DEBT RESTRUCTURINGS


($ In Millions)	LOAN MODIFICATION DETAIL	NUMBER OF LOANS AND LEASES	RECORDED INVESTMENT		UNPAID PRINCIPAL BALANCE
December 31, 2022
Commercial
Commercial and Institutional	Interest rate concession, extension of term, and other modification	2	$	0.6	$	0.6
Commercial Real Estate	Interest rate concession and other modification	1	31.6		32.5
Total Commercial		3	32.2		33.1
Personal
Residential Real Estate	Interest rate concession, deferrals of principal, extension of term, and other modification	3	0.2		0.2
Private Client	Interest rate concession and extension of term	1	0.4		0.4
Total Personal		4	0.6		0.6
Total Loans and Leases		7	$	32.8	$	33.7

Note: Period-end balances reflect all paydowns and charge-offs during the year.


($ In Millions)	LOAN MODIFICATION DETAIL	NUMBER OF LOANS AND LEASES	RECORDED INVESTMENT		UNPAID PRINCIPAL BALANCE
December 31, 2021
Commercial
Commercial and Institutional	Deferrals of principal	6	$	19.6	$	19.6
Commercial Real Estate	Deferrals of principal, interest rate concessions, other modifications, and extension of term	3	36.0		42.4
Total Commercial		9	55.6		62.0
Personal
Residential Real Estate	Deferrals of principal, extension of term, and other modifications	10	1.3		1.5
Total Personal		10	1.3		1.5
Total Loans and Leases		19	$	56.9	$	63.5

Note: Period-end balances reflect all paydowns and charge-offs during the year.