Loans and Leases (Tables)

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

Schedule of Loans by Class

Refer to Note 2—Business Combinations for discussion of the loans acquired in the SVBB Acquisition.

Loans by Class

dollars in millions	December 31, 2023		December 31, 2022
Commercial
Commercial construction	$	3,465	$	2,804
Owner occupied commercial mortgage	15,567		14,473
Non-owner occupied commercial mortgage	11,540		9,902
Commercial and industrial	27,072		24,105
Leases	2,054		2,171
Total commercial	59,698		53,455
Consumer
Residential mortgage	14,422		13,309
Revolving mortgage	2,007		1,951
Consumer auto	1,442		1,414
Consumer other	720		652
Total consumer	18,591		17,326
SVB
Global fund banking	25,553		—
Investor dependent - early stage	1,403		—
Investor dependent - growth stage	2,897		—
Innovation C&I and cash flow dependent	9,658		—
Private Bank	9,822		—
CRE	2,698		—
Other	2,982		—
Total SVB	55,013		—
Total loans and leases	$	133,302	$	70,781

Schedule of Amortized Cost of Loans

The following table presents selected components of the amortized cost of loans, including the unamortized discount on acquired loans.

Components of Amortized Cost

dollars in millions	December 31, 2023		December 31, 2022
Deferred (fees) costs, including unamortized costs and unearned fees on non-PCD loans	$	(72)	$	34
Net unamortized discount on acquired loans
Non-PCD	$	1,860	$	73
PCD	176		45
Total net unamortized discount	$	2,036	$	118

Schedule of Loans and Leases Delinquency Status and Nonaccrual Status

The aging of the outstanding loans and leases by class at December 31, 2023 and 2022 is provided in the tables below. Loans and leases less than 30 days past due are considered current, as various grace periods allow borrowers to make payments within a stated period after the due date and remain in compliance with the respective agreement.

Loans and Leases - Delinquency Status

dollars in millions	December 31, 2023
	30-59 Days Past Due		60-89 Days Past Due		90 Days or Greater		Total Past Due		Current		Total
Commercial
Commercial construction	$	43	$	8	$	2	$	53	$	3,412	$	3,465
Owner occupied commercial mortgage	22		10		47		79		15,488		15,567
Non-owner occupied commercial mortgage	89		160		281		530		11,010		11,540
Commercial and industrial	164		48		112		324		26,748		27,072
Leases	55		15		21		91		1,963		2,054
Total commercial	373		241		463		1,077		58,621		59,698
Consumer
Residential mortgage	118		23		56		197		14,225		14,422
Revolving mortgage	14		3		11		28		1,979		2,007
Consumer auto	9		3		2		14		1,428		1,442
Consumer other	5		3		4		12		708		720
Total consumer	146		32		73		251		18,340		18,591
SVB
Global fund banking	—		—		—		—		25,553		25,553
Investor dependent - early stage	10		12		9		31		1,372		1,403
Investor dependent - growth stage	5		2		7		14		2,883		2,897
Innovation C&I and cash flow dependent	27		3		40		70		9,588		9,658
Private Bank	30		11		17		58		9,764		9,822
CRE	10		28		2		40		2,658		2,698
Other	5		—		4		9		2,973		2,982
Total SVB	87		56		79		222		54,791		55,013
Total loans and leases	$	606	$	329	$	615	$	1,550	$	131,752	$	133,302
	December 31, 2022
	30-59 Days Past Due		60-89 Days Past Due		90 Days or Greater		Total Past Due		Current		Total
Commercial
Commercial construction	$	50	$	—	$	1	$	51	$	2,753	$	2,804
Owner occupied commercial mortgage	29		5		25		59		14,414		14,473
Non-owner occupied commercial mortgage	76		144		11		231		9,671		9,902
Commercial and industrial	173		26		53		252		23,853		24,105
Leases	59		17		16		92		2,079		2,171
Total commercial	387		192		106		685		52,770		53,455
Consumer
Residential mortgage	73		16		52		141		13,168		13,309
Revolving mortgage	9		3		8		20		1,931		1,951
Consumer auto	7		1		1		9		1,405		1,414
Consumer other	4		2		3		9		643		652
Total consumer	93		22		64		179		17,147		17,326
Total loans and leases	$	480	$	214	$	170	$	864	$	69,917	$	70,781

The amortized cost by class of loans and leases on nonaccrual status, and loans and leases greater than 90 days past due and still accruing at December 31, 2023 and 2022 are presented below.

Loans on Non-Accrual Status (1) (2)

dollars in millions	December 31, 2023				December 31, 2022
	Non-Accrual Loans		Loans > 90 Days and Accruing		Non-Accrual Loans		Loans > 90 Days and Accruing
Commercial
Commercial construction	$	2	$	1	$	48	$	—
Owner occupied commercial mortgage	61		8		41		2
Non-owner occupied commercial mortgage	354		38		228		—
Commercial and industrial	193		56		184		41
Leases	31		7		28		7
Total commercial	641		110		529		50
Consumer
Residential mortgage	96		1		75		10
Revolving mortgage	20		—		18		—
Consumer auto	5		—		4		—
Consumer other	1		3		1		3
Total consumer	122		4		98		13
SVB
Global fund banking	—		—		—		—
Investor dependent - early stage	37		2		—		—
Investor dependent - growth stage	37		—		—		—
Innovation C&I and cash flow dependent	43		—		—		—
Private Bank	30		3		—		—
CRE	58		—		—		—
Other	1		4		—		—
Total SVB	206		9		—		—
Total loans and leases	$	969	$	123	$	627	$	63

(1)    Accrued interest that was reversed when the loan went to nonaccrual status was $10 million for the year ended December 31, 2023 and $4 million for the year ended December 31, 2022.

(2)    Nonaccrual loans for which there was no related ALLL totaled $138 million at December 31, 2023 and $63 million at December 31, 2022.

The following tables present the amortized cost and performance of modified loans to borrowers experiencing financial difficulties. The period of delinquency is based on the number of days the scheduled payment is contractually past due.

Modified Loans Payment Status (year ended December 31, 2023)

dollars in millions	Current		30–59 Days Past Due		60–89 Days Past Due		90 days or greater Past Due		Total
Commercial
Commercial construction	$	4	$	—	$	—	$	—	$	4
Owner occupied commercial mortgage	17		1		—		1		19
Non-owner occupied commercial mortgage	280		—		—		—		280
Commercial and industrial	114		—		1		1		116
Total commercial	415		1		1		2		419
Consumer
Residential mortgage	11		—		1		1		13
Revolving mortgage	3		—		—		—		3
Total consumer	14		—		1		1		16
SVB
Investor dependent - early stage	22		—		—		4		26
Investor dependent - growth stage	36		—		—		—		36
Innovation C&I and cash flow dependent	39		—		—		40		79
Private Bank	4		—		—		—		4
CRE	14		—		—		—		14
Other	2		3		—		—		5
Total SVB	117		3		—		44		164
Total loans and leases	$	546	$	4	$	2	$	47	$	599

Schedule of Loans Disaggregated by Year of Origination and by Risk Rating

The following tables summarize the commercial and SVB loans disaggregated by year of origination and by risk rating. The consumer loan delinquency status by year of origination is also presented below. The tables reflect the amortized cost of the loans and include PCD loans.

Commercial Loans - Risk Classifications by Class

December 31, 2023
Risk Classification:	Term Loans by Origination Year														Revolving Converted to Term Loans
dollars in millions	2023		2022		2021		2020		2019		2018 & Prior		Revolving				Total
Commercial construction
Pass	$	1,011	$	1,318	$	589	$	219	$	52	$	55	$	36	$	—	$	3,280
Special Mention	—		—		2		49		46		—		—		—		97
Substandard	—		47		5		31		—		5		—		—		88
Doubtful	—		—		—		—		—		—		—		—		—
Ungraded	—		—		—		—		—		—		—		—		—
Total commercial construction	1,011		1,365		596		299		98		60		36		—		3,465
Owner occupied commercial mortgage
Pass	2,439		2,840		3,087		2,708		1,579		2,099		177		—		14,929
Special Mention	31		17		24		27		43		70		1		—		213
Substandard	8		54		95		63		41		155		9		—		425
Doubtful	—		—		—		—		—		—		—		—		—
Ungraded	—		—		—		—		—		—		—		—		—
Total owner occupied commercial mortgage	2,478		2,911		3,206		2,798		1,663		2,324		187		—		15,567
Non-owner occupied commercial mortgage
Pass	2,631		2,526		1,641		1,391		883		1,181		43		—		10,296
Special Mention	8		41		33		88		168		73		9		—		420
Substandard	1		36		17		114		311		276		—		—		755
Doubtful	—		—		—		—		41		28		—		—		69
Ungraded	—		—		—		—		—		—		—		—		—
Total non-owner occupied commercial mortgage	2,640		2,603		1,691		1,593		1,403		1,558		52		—		11,540
Commercial and industrial
Pass	8,069		4,573		2,945		1,395		879		937		6,033		19		24,850
Special Mention	105		134		144		89		69		21		194		—		756
Substandard	92		219		133		209		126		248		243		2		1,272
Doubtful	2		19		5		—		12		20		13		—		71
Ungraded	—		—		—		—		—		—		123		—		123
Total commercial and industrial	8,268		4,945		3,227		1,693		1,086		1,226		6,606		21		27,072
Leases
Pass	732		499		290		209		91		35		—		—		1,856
Special Mention	18		22		20		7		4		1		—		—		72
Substandard	28		32		21		19		6		8		—		—		114
Doubtful	3		4		3		1		1		—		—		—		12
Ungraded	—		—		—		—		—		—		—		—		—
Total leases	781		557		334		236		102		44		—		—		2,054
Total commercial	$	15,178	$	12,381	$	9,054	$	6,619	$	4,352	$	5,212	$	6,881	$	21	$	59,698

SVB - Risk Classifications by Class

December 31, 2023
Risk Classification:	Term Loans by Origination Year														Revolving Converted to Term Loans
dollars in millions	2023		2022		2021		2020		2019		2018 & Prior		Revolving				Total
Global fund banking
Pass	$	453	$	202	$	40	$	36	$	14	$	3	$	24,702	$	66	$	25,516
Special Mention	—		—		—		—		—		—		—		—		—
Substandard	—		7		9		3		—		—		18		—		37
Doubtful	—		—		—		—		—		—		—		—		—
Ungraded	—		—		—		—		—		—		—		—		—
Total global fund banking	453		209		49		39		14		3		24,720		66		25,553
Investor dependent - early stage
Pass	421		453		85		4		1		—		99		2		1,065
Special Mention	8		14		1		—		—		—		—		—		23
Substandard	40		138		51		3		—		—		51		—		283
Doubtful	12		12		3		—		—		1		4		—		32
Ungraded	—		—		—		—		—		—		—		—		—
Total investor dependent - early stage	481		617		140		7		1		1		154		2		1,403
Investor dependent - growth stage
Pass	1,034		967		217		25		8		2		198		5		2,456
Special Mention	6		25		—		—		—		—		—		—		31
Substandard	66		192		83		7		1		—		27		—		376
Doubtful	—		12		20		—		—		—		2		—		34
Ungraded	—		—		—		—		—		—		—		—		—
Total investor dependent - growth stage	1,106		1,196		320		32		9		2		227		5		2,897
Innovation C&I and cash flow dependent
Pass	2,370		2,238		833		293		80		44		2,598		—		8,456
Special Mention	99		103		36		66		—		—		92		—		396
Substandard	51		185		254		76		25		—		175		—		766
Doubtful	—		—		—		—		—		10		30		—		40
Ungraded	—		—		—		—		—		—		—		—		—
Total innovation C&I and cash flow dependent	2,520		2,526		1,123		435		105		54		2,895		—		9,658
Private bank
Pass	1,247		2,273		2,148		1,361		750		1,114		830		10		9,733
Special Mention	5		2		1		—		1		7		7		—		23
Substandard	10		—		3		5		3		37		5		2		65
Doubtful	—		—		—		—		1		—		—		—		1
Ungraded	—		—		—		—		—		—		—		—		—
Total private bank	1,262		2,275		2,152		1,366		755		1,158		842		12		9,822
CRE
Pass	506		458		257		168		195		801		51		5		2,441
Special Mention	—		6		7		10		3		23		—		—		49
Substandard	—		14		16		10		57		57		—		—		154
Doubtful	—		—		2		13		26		11		2		—		54
Ungraded	—		—		—		—		—		—		—		—		—
Total CRE	506		478		282		201		281		892		53		5		2,698
Other
Pass	458		625		438		251		176		377		435		42		2,802
Special Mention	—		11		12		32		—		—		—		—		55
Substandard	—		52		8		8		4		31		21		1		125
Doubtful	—		—		—		—		—		—		—		—		—
Ungraded	—		—		—		—		—		—		—		—		—
Total Other	458		688		458		291		180		408		456		43		2,982
Total SVB	$	6,786	$	7,989	$	4,524	$	2,371	$	1,345	$	2,518	$	29,347	$	133	$	55,013

Consumer Loans - Delinquency Status by Class

December 31, 2023
Days Past Due:	Term Loans by Origination Year														Revolving Converted to Term Loans
dollars in millions	2023		2022		2021		2020		2019		2018 & Prior		Revolving				Total
Residential mortgage
Current	$	2,047	$	3,522	$	3,488	$	1,895	$	694	$	2,571	$	8	$	—	$	14,225
30-59 days	4		13		14		6		7		74		—		—		118
60-89 days	1		1		3		2		1		15		—		—		23
90 days or greater	1		4		1		4		1		45		—		—		56
Total residential mortgage	2,053		3,540		3,506		1,907		703		2,705		8		—		14,422
Revolving mortgage
Current	—		—		—		—		—		—		1,903		76		1,979
30-59 days	—		—		—		—		—		—		10		4		14
60-89 days	—		—		—		—		—		—		1		2		3
90 days or greater	—		—		—		—		—		—		6		5		11
Total revolving mortgage	—		—		—		—		—		—		1,920		87		2,007
Consumer auto
Current	525		427		261		131		56		28		—		—		1,428
30-59 days	1		3		2		1		1		1		—		—		9
60-89 days	1		1		1		—		—		—		—		—		3
90 days or greater	—		1		1		—		—		—		—		—		2
Total consumer auto	527		432		265		132		57		29		—		—		1,442
Consumer other
Current	158		103		52		8		4		16		367		—		708
30-59 days	1		1		—		—		—		—		3		—		5
60-89 days	—		—		—		—		—		1		2		—		3
90 days or greater	—		—		—		—		—		2		2		—		4
Total consumer other	159		104		52		8		4		19		374		—		720
Total consumer	$	2,739	$	4,076	$	3,823	$	2,047	$	764	$	2,753	$	2,302	$	87	$	18,591

The following tables represent current credit quality indicators by origination year as of December 31, 2022:

Commercial Loans - Risk Classifications by Class

December 31, 2022
Risk Classification:	Term Loans by Origination Year														Revolving Converted to Term Loans
dollars in millions	2022		2021		2020		2019		2018		2017 & Prior		Revolving				Total
Commercial construction
Pass	$	1,140	$	759	$	511	$	157	$	27	$	75	$	42	$	—	$	2,711
Special Mention	4		—		18		18		—		—		—		—		40
Substandard	2		—		—		43		—		5		—		—		50
Doubtful	—		—		—		3		—		—		—		—		3
Ungraded	—		—		—		—		—		—		—		—		—
Total commercial construction	1,146		759		529		221		27		80		42		—		2,804
Owner occupied commercial mortgage
Pass	2,773		3,328		2,966		1,825		1,048		1,867		177		—		13,984
Special Mention	33		14		32		33		18		49		2		—		181
Substandard	24		47		41		28		47		114		6		—		307
Doubtful	—		—		—		—		—		1		—		—		1
Ungraded	—		—		—		—		—		—		—		—		—
Total owner occupied commercial mortgage	2,830		3,389		3,039		1,886		1,113		2,031		185		—		14,473
Non-owner occupied commercial mortgage
Pass	2,501		1,658		1,794		1,397		680		933		48		—		9,011
Special Mention	—		1		69		38		35		10		1		—		154
Substandard	3		11		68		324		58		236		—		—		700
Doubtful	—		—		—		17		—		20		—		—		37
Ungraded	—		—		—		—		—		—		—		—		—
Total non-owner occupied commercial mortgage	2,504		1,670		1,931		1,776		773		1,199		49		—		9,902
Commercial and industrial
Pass	7,695		4,145		2,035		1,533		872		845		5,252		29		22,406
Special Mention	87		153		79		63		52		23		40		—		497
Substandard	106		117		194		132		166		145		200		1		1,061
Doubtful	1		4		3		11		6		16		7		—		48
Ungraded	—		—		—		—		—		—		93		—		93
Total commercial and industrial	7,889		4,419		2,311		1,739		1,096		1,029		5,592		30		24,105
Leases
Pass	718		466		389		216		80		108		—		—		1,977
Special Mention	21		22		17		9		4		—		—		—		73
Substandard	32		32		27		12		7		1		—		—		111
Doubtful	2		3		2		1		1		—		—		—		9
Ungraded	—		—		—		—		—		1		—		—		1
Total leases	773		523		435		238		92		110		—		—		2,171
Total commercial	$	15,142	$	10,760	$	8,245	$	5,860	$	3,101	$	4,449	$	5,868	$	30	$	53,455

Consumer Loans - Delinquency Status by Class

December 31, 2022
Days Past Due:	Term Loans by Origination Year														Revolving Converted to Term Loans
dollars in millions	2022		2021		2020		2019		2018		2017 & Prior		Revolving				Total
Residential mortgage
Current	$	3,485	$	3,721	$	2,097	$	805	$	413	$	2,625	$	22	$	—	$	13,168
30-59 days	3		7		6		5		3		49		—		—		73
60-89 days	1		1		2		—		1		11		—		—		16
90 days or greater	—		1		1		2		2		46		—		—		52
Total residential mortgage	3,489		3,730		2,106		812		419		2,731		22		—		13,309
Revolving mortgage
Current	—		—		—		—		—		—		1,839		92		1,931
30-59 days	—		—		—		—		—		—		5		4		9
60-89 days	—		—		—		—		—		—		2		1		3
90 days or greater	—		—		—		—		—		—		5		3		8
Total revolving mortgage	—		—		—		—		—		—		1,851		100		1,951
Consumer auto
Current	599		398		216		111		59		22		—		—		1,405
30-59 days	1		2		2		1		1		—		—		—		7
60-89 days	—		1		—		—		—		—		—		—		1
90 days or greater	—		1		—		—		—		—		—		—		1
Total consumer auto	600		402		218		112		60		22		—		—		1,414
Consumer other
Current	160		82		13		6		2		19		361		—		643
30-59 days	—		—		—		—		—		1		3		—		4
60-89 days	—		—		—		—		—		1		1		—		2
90 days or greater	—		—		—		—		—		1		2		—		3
Total consumer other	160		82		13		6		2		22		367		—		652
Total consumer	$	4,249	$	4,214	$	2,337	$	930	$	481	$	2,775	$	2,240	$	100	$	17,326

Schedule of Troubled Debt Restructuring

Gross charge-off vintage disclosures by origination year and loan class are summarized in the following table for the year ended December 31, 2023:

Gross Charge-offs

Year Ended December 31, 2023
	Term Loans by Origination Year														Revolving Converted to Term Loans
dollars in millions	2023		2022		2021		2020		2019		2018 & Prior		Revolving				Total
Commercial
Owner occupied commercial mortgage	$	—	$	—	$	—	$	—	$	—	$	—	$	1	$	—	$	1
Non-owner occupied commercial mortgage	—		—		—		—		64		21		—		—		85
Commercial and industrial	25		73		30		9		15		15		49		1		217
Leases	2		10		7		3		2		1		—		—		25
Total commercial	27		83		37		12		81		37		50		1		328
Consumer
Residential mortgage	—		—		—		—		—		2		—		—		2
Consumer auto	1		1		1		1		—		—		—		—		4
Consumer other	7		1		1		—		—		—		13		—		22
Total consumer	8		2		2		1		—		2		13		—		28
SVB
Investor dependent - early stage	2		30		29		3		—		—		11		—		75
Investor dependent - growth stage	22		37		25		12		—		—		1		—		97
Innovation C&I and cash flow dependent	6		—		—		—		—		—		18		—		24
CRE	—		—		—		—		2		—		—		—		2
Other	6		17		10		44		—		1		6		—		84
Total SVB	36		84		64		59		2		1		36		—		282
Total loans and leases	$	71	$	169	$	103	$	72	$	83	$	40	$	99	$	1	$	638

The following tables present loan modifications made to debtors experiencing financial difficulty, disaggregated by class and type of loan modification. The tables also include the weighted average term extensions, as well as the modification total relative to the total period-end amortized cost basis of loans in the respective loan class.

Loan Modifications Made to Borrowers Experiencing Financial Difficulty (year ended December 31, 2023)

dollars in millions	Term Extension (1)			Other Than Insignificant Payment Delay			Interest Rate Reduction
	Amortized Cost		Weighted Average Term Extension (Months)	Amortized Cost		Weighted Average Payment Delay (Months)	Amortized Cost		Weighted Average Interest Rate Reduction
Commercial
Commercial construction	$	4	9	$	—	—	$	—	—	%
Owner occupied commercial mortgage	17		17	—		—	2		3.62
Non-owner occupied commercial mortgage	240		12	—		—	—		—
Commercial and industrial	102		20	9		7	—		—
Leases	—		16	—		—	—		—
Total commercial	363		14	9		7	2		3.62
Consumer
Residential mortgage	7		90	—		—	—		1.63
Revolving mortgage	2		60	—		—	—		1.74
Consumer auto	—		24	—		—	—		—
Consumer other	—		55	—		—	—		9.65
Total consumer	9		84	—		—	—		4.44
SVB
Investor dependent - early stage	3		4	17		5	—		—
Investor dependent - growth stage	8		9	28		5	—		—
Innovation C&I and cash flow dependent	72		4	—		—	—		—
Private Bank	4		11	—		—	—		—
CRE	14		9	—		—	—		—
Other	4		6	1		6	—		—
Total SVB	105		6	46		5	—		—
Total loans and leases	$	477	14	$	55	6	$	2	3.83	%

(1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended.

Loan Modifications Made to Borrowers Experiencing Financial Difficulty (continued)

dollars in millions	Term Extension(1) and Interest Rate Reduction					Term Extension(1) and Other Than Insignificant Payment Delay				Other than Insignificant Payment Delay and Interest Rate Reduction
	Amortized Cost		Weighted Average Term Extension (Months)	Weighted Average Interest Rate Reduction		Amortized Cost		Weighted Average Term Extension (Months)	Weighted Average Payment Delay (Months)	Amortized Cost		Weighted Average Payment Delay (Months)	Weighted Average Interest Rate Reduction
Commercial
Commercial construction	$	—	—	—	%	$	—	—	—	$	—	—	—	%
Owner occupied commercial mortgage	—		36	2.00		—		—	—	—		—	—
Non-owner occupied commercial mortgage	40		12	3.00		—		—	—	—		—	—
Commercial and industrial	5		26	2.04		—		28	16	—		—	—
Leases	—		—	—		—		—	—	—		—	—
Total commercial	45		13	2.90		—		28	16	—		—	—
Consumer								—				—
Residential mortgage	3		62	3.31		—		—	—	3		6	5.25
Revolving mortgage	1		57	2.92		—		—	—	—		—	—
Consumer auto	—		31	0.69		—		—	—	—		—	—
Consumer other	—		36	0.25		—		—	—	—		—	—
Total consumer	4		61	3.20		—		—	—	3		6	5.25
SVB
Investor dependent - early stage	—		—	—		—		6	6	—		—	—
Investor dependent - growth stage	—		—	—		—		—	—	—		—	—
Innovation C&I and cash flow dependent	—		—	—		7		7	5	—		—	—
Private Bank	—		—	—		—		—	—	—		—	—
CRE	—		—	—		—		—	—	—		—	—
Other	—		—	—		—		17	17	—		—	—
Total SVB	—		—	—		7		7	6	—		—	—
Total loans and leases	$	49	18	2.93	%	$	7	8	6	$	3	6	5.25	%

dollars in millions	Term Extension (1), Interest Rate Reduction, and Other than Insignificant Payment Delay						Total
	Amortized Cost		Weighted Average Term Extension (Months)	Weighted Average Interest Rate Reduction		Weighted Average Payment Delay (Months)	Amortized Cost		Total as a % of Loan and Lease Class
Commercial
Commercial construction	$	—	—	—	%	—	$	4	0.11	%
Owner occupied commercial mortgage	—		—	—		—	19		0.12
Non-owner occupied commercial mortgage	—		—	—		—	280		2.43
Commercial and industrial	—		—	—		—	116		0.43
Leases	—		—	—		—	—		—
Total commercial	—		—	—		—	419		0.70
Consumer			—
Residential mortgage	—		—	—		—	13		0.10
Revolving mortgage	—		—	—		—	3		0.13
Consumer auto	—		—	—		—	—		0.01
Consumer other	—		—	—		—	—		0.03
Total consumer	—		—	—		—	16		0.09
SVB
Investor dependent - early stage	6		12	1.00		6	26		1.88
Investor dependent - growth stage	—		—	—		—	36		1.24
Innovation C&I and cash flow dependent	—		—	—		—	79		0.81
Private Bank	—		—	—		—	4		0.04
CRE	—		—	—		—	14		0.53
Other	—		—	—		—	5		0.16
Total SVB	6		12	1.00		6	164		0.30
Total loans and leases	$	6	12	1.00	%	6	$	599	0.45	%

(1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended

The following table presents amortized cost of TDRs:

TDRs

dollars in millions	December 31, 2022
	Accruing		Non-Accruing		Total
Commercial
Commercial construction	$	2	$	1	$	3
Owner occupied commercial mortgage	46		9		55
Non-owner occupied commercial mortgage	24		30		54
Commercial and industrial	26		8		34
Leases	—		1		1
Total commercial	98		49		147
Consumer
Residential mortgage	33		17		50
Revolving mortgage	17		5		22
Consumer auto	2		—		2
Consumer other	—		—		—
Total consumer	52		22		74
Total TDRs	$	150	$	71	$	221

The following table summarizes the loan restructurings during the year ended December 31, 2022 and 2021 that were designated as TDRs. BancShares defined payment default as movement of the TDR to nonaccrual status that was generally 90 days past due, in foreclosure or charge-off, whichever occurred first.

Restructurings

dollars in millions (except for number of loans)	Year Ended December 31,
	2022			2021
	Number of Loans	Amortized Cost at Period End		Number of Loans	Amortized Cost at Period End
Loans and leases
Interest only	17	$	39	20	$	18
Loan term extension	128	26		129	16
Below market rates	86	9		177	20
Discharge from bankruptcy	106	5		128	10
Total	337	$	79	454	$	64

TDRs that subsequently defaulted during the year ended December 31, 2022 and 2021, and were classified as TDRs during the applicable 12-month period preceding December 31, 2022 and 2021 were as follows:

TDR Defaults

dollars in millions	December 31, 2022		December 31, 2021
TDR Defaults	$	6	$	8

Schedule of Loans Pledged as Collateral

The following table provides information regarding loans pledged as collateral for borrowing capacity through the FHLB of Atlanta, the FRB and FDIC as of December 31, 2023 and 2022.

Loans Pledged

dollars in millions	December 31, 2023		December 31, 2022
FHLB of Atlanta
Lendable collateral value of pledged non-PCD loans	$	15,072	$	14,918
Less: Advances	—		4,250
Less: Letters of Credit	1,450		1,450
Available borrowing capacity	$	13,622	$	9,218
Pledged non-PCD loans (contractual balance)	$	25,370	$	23,491
FRB
Lendable collateral value of pledged non-PCD loans	$	5,115	$	4,203
Less: Advances	—		—
Available borrowing capacity	$	5,115	$	4,203
Pledged non-PCD loans (contractual balance)	$	6,273	$	5,697
FDIC
Lendable collateral value of pledged loans	$	51,179	$	—
Less: Advances	—		—
Less: Purchase Money Note	36,072		—
Available borrowing capacity	$	15,107	$	—
Pledged loans (contractual balance)	$	51,179	$	—