
Dollars in millions	June 30, 2022		Provision			Charge-offs		Recoveries		September 30, 2022
Commercial and Industrial	$	503	$	52		$	(49)	$	13	$	519
Commercial real estate:
Real estate — commercial mortgage	156		13			(3)		2		168
Real estate — construction	21		1			—		—		22
Total commercial real estate loans	177		14			(3)		2		190
Commercial lease financing	29		—			—		1		30
Total commercial loans	709		66			(52)		16		739
Real estate — residential mortgage	122		15			(1)		1		137
Home equity loans	95		(3)			—		1		93
Consumer direct loans	112		4			(8)		4		112
Credit cards	59		7			(7)		2		61
Consumer indirect loans	2		(1)			—		1		2
Total consumer loans	390		22			(16)		9		405
Total ALLL — continuing operations	1,099		88		(a)	(68)		25		1,144
Discontinued operations	24		(2)			(1)		1		22
Total ALLL — including discontinued operations	$	1,123	$	86		$	(69)	$	26	$	1,166


Dollars in millions	June 30, 2021		Provision			Charge-offs		Recoveries		September 30, 2021
Commercial and Industrial	$	499	$	(30)		$	(27)	$	20	$	462
Commercial real estate:
Real estate — commercial mortgage	227		(44)			—		1		184
Real estate — construction	35		(8)			—		—		27
Total commercial real estate loans	262		(52)			—		1		211
Commercial lease financing	34		(7)			(1)		6		32
Total commercial loans	795		(89)			(28)		27		705
Real estate — residential mortgage	86		(1)			2		1		88
Home equity loans	136		(13)			(1)		2		124
Consumer direct loans	115		(5)			(7)		2		105
Credit cards	68		(4)			(6)		1		59
Consumer indirect loans	20		5			(26)		4		3
Total consumer loans	425		(18)			(38)		10		379
Total ALLL — continuing operations	1,220		(107)		(a)	(66)		37		1,084
Discontinued operations	30		(1)			(1)		1		29
Total ALLL — including discontinued operations	$	1,250	$	(108)		$	(67)	$	38	$	1,113


Dollars in millions	December 31, 2021		Provision			Charge-offs		Recoveries		September 30, 2022
Commercial and Industrial	$	445	$	160		$	(118)	$	32	$	519
Commercial real estate:
Real estate — commercial mortgage	182		(8)			(10)		4		168
Real estate — construction	29		(8)			—		1		22
Total commercial real estate loans	211		(16)			(10)		5		190
Commercial lease financing	32		(2)			(2)		2		30
Total commercial loans	688		142			(130)		39		739
Real estate — residential mortgage	95		38			2		2		137
Home equity loans	110		(19)			(1)		3		93
Consumer direct loans	105		25			(25)		7		112
Credit cards	61		17			(22)		5		61
Consumer indirect loans	2		—			(2)		2		2
Total consumer loans	373		61			(48)		19		405
Total ALLL — continuing operations	1,061		203		(a)	(178)		58		1,144
Discontinued operations	28		(4)			(4)		2		22
Total ALLL — including discontinued operations	$	1,089	$	199		$	(182)	$	60	$	1,166


Dollars in millions	December 31, 2020		Provision			Charge-offs		Recoveries		September 30, 2021
Commercial and Industrial	$	678	$	(135)		$	(141)	$	60	$	462
Commercial real estate:
Real estate — commercial mortgage	327		(112)			(39)		8		184
Real estate — construction	47		(20)			—		—		27
Total commercial real estate loans	374		(132)			(39)		8		211
Commercial lease financing	47		(17)			(5)		7		32
Total commercial loans	1,099		(284)			(185)		75		705
Real estate — residential mortgage	102		(17)			1		2		88
Home equity loans	171		(44)			(7)		4		124
Consumer direct loans	128		(7)			(22)		6		105
Credit cards	87		(13)			(21)		6		59
Consumer indirect loans	39		(12)			(38)		14		3
Total consumer loans	527		(93)			(87)		32		379
Total ALLL — continuing operations	1,626		(377)		(a)	(272)		107		1,084
Discontinued operations	36		(6)			(3)		2		29
Total ALLL — including discontinued operations	$	1,662	$	(383)		$	(275)	$	109	$	1,113

As described in Note 1 ("Summary of Significant Accounting Policies"), under the heading “Allowance for Loan and Lease Losses” beginning on page 109 of our 2021 Form 10-K, we estimate the ALLL using relevant available information, from internal and external sources, relating to past events, current economic and portfolio conditions, and reasonable and supportable forecasts. In our estimation of expected credit losses, we use a two year reasonable and supportable period across all products. Following this two year period in which supportable forecasts can be generated, for all modeled loan portfolios, we revert expected credit losses to a level that is consistent with our historical information by reverting the macroeconomic variables (model inputs) to their long run average. We revert to historical loss rates for less complex estimation methods for smaller portfolios. A 20 year fixed length look back period is used to calculate the long run average of the macroeconomic variables. A four quarter reversion period is used where the macroeconomic variables linearly revert to their long run average following the two year reasonable and supportable period.

We develop our reasonable and supportable forecasts using relevant data including, but not limited to, changes in economic output, unemployment rates, property values, and other factors associated with the credit losses on financial assets. Some macroeconomic variables apply to all portfolio segments, while others are more portfolio specific. The following table discloses key macroeconomic variables for each loan portfolio.


Segment	Portfolio	Key Macroeconomic Variables (a)
Commercial	Commercial and industrial	BBB corporate bond rate (spread), fixed investment, business bankruptcies, GDP, industrial production, and unemployment rate
	Commercial real estate	Property & real estate price indices, unemployment rate, business bankruptcies, GDP
	Commercial lease financing	BBB corporate bond rate (spread), GDP, and unemployment rate
Consumer	Real estate — residential mortgage	GDP, home price index, unemployment rate, and 30 year mortgage rate
	Home equity	Home price index, unemployment rate, and 30 year mortgage rate
	Consumer direct	Unemployment rate and U.S. household income
	Consumer indirect	New vehicle sales, used vehicle prices, and Unemployment rate
	Credit cards	Unemployment rate and U.S. household income
	Discontinued operations	Unemployment rate

In addition to macroeconomic drivers, portfolio attributes such as remaining term, outstanding balance, risk ratings, utilization, FICO, LTV, and delinquency also drive ALLL changes. Our ALLL models were designed to capture the correlation between economic and portfolio changes. As such, evaluating shifts in individual portfolio attributes and macroeconomic variables in isolation may not be indicative of past or future performance.

As of September 30, 2022, risk of slowing economic growth is elevated due to the heightened inflationary pressures and continued stress on global supply chains. While inflation in the United States has persisted at elevated levels, monetary policy has become more restrictive which is expected to reduce inflation into 2023. While unemployment rates are still expected to remain at relatively low levels, job growth is moderating. We utilized the Moody’s August 2022 Consensus forecast as our baseline forecast to estimate our expected credit losses as of September 30, 2022. We determined such forecast to be a reasonable view of the outlook for the economy given all available information at quarter end.

The baseline scenario reflects slow economic growth over the next two years in markets in which we operate. U.S. GDP continues to grow, albeit at a slow pace, at a 1.7% annualized rate in the third quarter of 2022 and at an annual rate of approximately 2% and 1% for 2022 and 2023, respectively. The national unemployment rate forecast is 3.5% in the third quarter of 2022, and is expected to increase slightly through the fourth quarter of 2023 due to labor supply constraints. The U.S. Consumer Price Index (CPI) annualized rate is expected to return to below 3% by the first quarter of 2023.

Changes to the economic forecast include increases in unemployment, lower final sales of domestic product and decreased consumer confidence measures, largely related to observed high inflation and increased interest rates. Loan growth particularly within the commercial and industrial portfolio remains strong and contributes to reserve build. These increases are partly offset by reductions in the qualitative reserves due to easing of pandemic-related risks as well as lower reserves attributable to a model recalibration and to individually assessed reserves.

Current reserve levels reflect the overall declining economic outlook quarter-over-quarter, with the most meaningful economic changes being the slowing home price growth and shifts in the unemployment outlook. As it relates to the changes in the ALLL due to portfolio factors, increases are largely driven by targeted growth in the residential mortgage portfolio.

The prevalent risk characteristic for both commercial and consumer loans is the risk of loss arising from an obligor’s inability or failure to meet contractual payment or performance terms. Evaluation of this risk is stratified and monitored by the loan risk rating grades assigned for the commercial loan portfolios and the refreshed FICO score assigned for the consumer loan portfolios. The internal risk grades assigned to loans follow our definitions of Pass and Criticized, which are consistent with published definitions of regulatory risk classifications. Loans with a pass rating represent those loans not classified on our rating scale for credits, as minimal credit risk has been identified. Criticized loans are those loans that either have a potential weakness deserving management's close attention or have a well-defined weakness that may put full collection of contractual cash flows at risk. Borrower FICO scores provide information about the credit quality of our consumer loan portfolio as they provide an indication as to the likelihood that a debtor will repay its debts. The scores are obtained from a nationally recognized consumer rating agency and are presented in the tables below at the dates indicated.

All extensions of credit are subject to loan grading or scoring. Loan grades are assigned at the time of origination, verified by credit risk management, and periodically re-evaluated thereafter. This risk rating methodology blends our judgment with quantitative modeling. Commercial loans generally are assigned two internal risk ratings. The first rating reflects the probability that the borrower will default on an obligation; the second rating reflects expected recovery rates on the credit facility. Default probability is determined based on, among other factors, the financial strength of the borrower, an assessment of the borrower’s management, the borrower’s competitive position within its industry sector, and our view of industry risk in the context of the general economic outlook. Types of exposure, transaction structure, and collateral, including credit risk mitigants, affect the expected recovery assessment.


As of September 30, 2022	Term Loans												Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
	Amortized Cost Basis by Origination Year and Internal Risk Rating
Dollars in millions	2022		2021		2020		2019		2018		Prior						Total
Commercial and Industrial
Risk Rating:
Pass	$	7,572	$	9,757	$	3,729	$	3,267	$	1,862	$	3,831	$	24,796	$	132	$	54,946
Criticized (Accruing)	11		179		130		114		278		251		865		28		1,856
Criticized (Nonaccruing)	39		2		7		6		8		25		80		2		169
Total commercial and industrial	7,622		9,938		3,866		3,387		2,148		4,107		25,741		162		56,971
Real estate — commercial mortgage
Risk Rating:
Pass	4,162		4,264		1,014		1,912		827		2,695		927		50		15,851
Criticized (Accruing)	—		24		26		85		91		242		46		1		515
Criticized (Nonaccruing)	—		—		1		2		2		25		4		—		34
Total real estate — commercial mortgage	4,162		4,288		1,041		1,999		920		2,962		977		51		16,400
Real estate — construction
Risk Rating:
Pass	475		747		516		365		168		49		1		—		2,321
Criticized (Accruing)	—		—		5		5		14		4		—		—		28
Criticized (Nonaccruing)	—		—		—		—		—		—		—		—		—
Total real estate — construction	475		747		521		370		182		53		1		—		2,349
Commercial lease financing
Risk Rating:
Pass	697		869		558		506		199		991		—		—		3,820
Criticized (Accruing)	1		1		10		19		13		11		—		—		55
Criticized (Nonaccruing)	—		—		—		1		1		—		—		—		2
Total commercial lease financing	698		870		568		526		213		1,002				—		3,877
Total commercial loans	$	12,957	$	15,843	$	5,996	$	6,282	$	3,463	$	8,124	$	26,719	$	213	$	79,597


As of December 31, 2021	Term Loans												Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
	Amortized Cost Basis by Origination Year and Internal Risk Rating
Dollars in millions	2021		2020		2019		2018		2017		Prior						Total
Commercial and Industrial
Risk Rating:
Pass	$	11,675	$	4,941	$	4,040	$	2,771	$	1,777	$	3,108	$	20,406	$	72	$	48,790
Criticized (Accruing)	64		71		115		175		200		121		784		14		1,544
Criticized (Nonaccruing)	1		1		21		10		19		15		122		2		191
Total commercial and industrial	11,740		5,013		4,176		2,956		1,996		3,244		21,312		88		50,525
Real estate — commercial mortgage
Risk Rating:
Pass	4,923		1,197		2,137		1,168		612		2,787		803		53		13,680
Criticized (Accruing)	15		22		70		62		109		206		35		1		520
Criticized (Nonaccruing)	—		1		1		5		—		31		6		—		44
Total real estate — commercial mortgage	4,938		1,220		2,208		1,235		721		3,024		844		54		14,244
Real estate — construction
Risk Rating:
Pass	495		565		530		223		92		32		2		—		1,939
Criticized (Accruing)	—		4		5		43		4		—		1		—		57
Criticized (Nonaccruing)	—		—		—		—		—		—		—		—		—
Total real estate — construction	495		569		535		266		96		32		3		—		1,996
Commercial lease financing
Risk Rating:
Pass	1,039		748		675		301		309		927		—		—		3,999
Criticized (Accruing)	—		6		29		13		13		7		—		—		68
Criticized (Nonaccruing)	—		—		1		1		1		1		—		—		4
Total commercial lease financing	1,039		754		705		315		323		935		—		—		4,071
Total commercial loans	$	18,212	$	7,556	$	7,624	$	4,772	$	3,136	$	7,235	$	22,159	$	142	$	70,836


As of September 30, 2022	Term Loans												Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
	Amortized Cost Basis by Origination Year and FICO Score
Dollars in millions	2022		2021		2020		2019		2018		Prior						Total
Real estate — residential mortgage
FICO Score:
750 and above	$	4,959	$	8,248	$	2,624	$	643	$	63	$	1,015	$	—	$	—	$	17,552
660 to 749	1,256		979		299		115		32		261		—		—		2,942
Less than 660	35		38		18		15		15		139		—		—		260
No Score	51		1		1		1		1		28		1		—		84
Total real estate — residential mortgage	6,301		9,266		2,942		774		111		1,443		1		—		20,838
Home equity loans
FICO Score:
750 and above	138		879		760		214		76		647		2,303		403		5,420
660 to 749	85		302		204		83		33		196		961		129		1,993
Less than 660	9		31		22		17		10		84		294		38		505
No Score	4		—		—		—		—		2		2		—		8
Total home equity loans	236		1,212		986		314		119		929		3,560		570		7,926
Consumer direct loans
FICO Score:
750 and above	1,229		1,876		860		378		50		106		104		—		4,603
660 to 749	474		461		242		129		29		44		204		—		1,583
Less than 660	44		62		31		23		7		10		55		—		232
No Score	59		39		23		18		12		24		210		—		385
Total consumer direct loans	1,806		2,438		1,156		548		98		184		573		—		6,803
Credit cards
FICO Score:
750 and above	—		—		—		—		—		—		493		—		493
660 to 749	—		—		—		—		—		—		391		—		391
Less than 660	—		—		—		—		—		—		92		—		92
No Score	—		—		—		—		—		—		1		—		1
Total credit cards	—		—		—		—		—		—		977		—		977
Consumer indirect loans
FICO Score:
750 and above	—		2		—		—		—		24		—		—		26
660 to 749	—		—		—		—		—		17		—		—		17
Less than 660	—		—		—		—		—		7		—		—		7
No Score	—		—		—		—		—		—		—		—		—
Total consumer indirect loans	—		2		—		—		—		48		—		—		50
Total consumer loans	$	8,343	$	12,918	$	5,084	$	1,636	$	328	$	2,604	$	5,111	$	570	$	36,594


As of December 31, 2021	Term Loans												Revolving Loans Amortized Cost Basis		Revolving Loans Converted to Term Loans Amortized Cost Basis
	Amortized Cost Basis by Origination Year and FICO Score
Dollars in millions	2021		2020		2019		2018		2017		Prior						Total
Real estate — residential mortgage
FICO Score:
750 and above	$	7,906	$	2,909	$	777	$	84	$	126	$	1,096	$	—	$	—	$	12,898
660 to 749	1,686		351		169		39		25		308		—		—		2,578
Less than 660	26		14		19		16		9		142		—		—		226
No Score	18		—		1		1		3		30		1		—		54
Total real estate — residential mortgage	9,636		3,274		966		140		163		1,576		1		—		15,756
Home equity loans
FICO Score:
750 and above	1,051		830		251		96		128		666		2,244		423		5,689
660 to 749	394		263		111		44		40		204		1,004		143		2,203
Less than 660	27		24		20		13		13		92		333		46		568
No Score	—		2		—		—		—		2		3		—		7
Total home equity loans	1,472		1,119		382		153		181		964		3,584		612		8,467
Consumer direct loans
FICO Score:
750 and above	1,799		1,129		517		65		17		129		109		—		3,765
660 to 749	612		295		174		46		10		45		212		—		1,394
Less than 660	45		33		27		11		3		12		60		—		191
No Score	68		40		29		17		10		21		218		—		403
Total consumer direct loans	2,524		1,497		747		139		40		207		599		—		5,753
Credit cards
FICO Score:
750 and above	—		—		—		—		—		—		500		—		500
660 to 749	—		—		—		—		—		—		387		—		387
Less than 660	—		—		—		—		—		—		84		—		84
No Score	—		—		—		—		—		—		1		—		1
Total credit cards	—		—		—		—		—		—		972		—		972
Consumer indirect loans
FICO Score:
750 and above	5		—		—		—		—		30		—		—		35
660 to 749	—		—		—		—		—		26		—		—		26
Less than 660	—		—		—		—		—		9		—		—		9
No Score	—		—		—		—		—		—		—		—		—
Total consumer indirect loans	5		—		—		—		—		65		—		—		70
Total consumer loans	$	13,637	$	5,890	$	2,095	$	432	$	384	$	2,812	$	5,156	$	612	$	31,018

Our policies for determining past due loans, placing loans on nonaccrual, applying payments on nonaccrual loans, and resuming accrual of interest for our commercial and consumer loan portfolios are disclosed in Note 1 (“Summary of Significant Accounting Policies”) under the heading “Nonperforming Loans” beginning on page 108 of our 2021 Form 10-K.


September 30, 2022	Current		30-59 Days Past Due (b)		60-89 Days Past Due (b)		90 and Greater Days Past Due (b)		Non-performing Loans		Total Past Due and Non-performing Loans		Total Loans (c)
Dollars in millions
LOAN TYPE
Commercial and industrial	$	56,674	$	75	$	31	$	22	$	169	$	297	$	56,971
Commercial real estate:
Commercial mortgage	16,353		4		1		8		34		47		16,400
Construction	2,348		—		—		1		—		1		2,349
Total commercial real estate loans	18,701		4		1		9		34		48		18,749
Commercial lease financing	3,857		16		1		1		2		20		3,877
Total commercial loans	$	79,232	$	95	$	33	$	32	$	205	$	365	$	79,597
Real estate — residential mortgage	$	20,759	$	9	$	3	$	1	$	66	$	79	$	20,838
Home equity loans	7,787		19		4		4		112		139		7,926
Consumer direct loans	6,779		11		6		4		3		24		6,803
Credit cards	961		4		3		6		3		16		977
Consumer indirect loans	49		—		—		—		1		1		50
Total consumer loans	$	36,335	$	43	$	16	$	15	$	185	$	259	$	36,594
Total loans	$	115,567	$	138	$	49	$	47	$	390	$	624	$	116,191


December 31, 2021	Current		30-59 Days Past Due (b)		60-89 Days Past Due (b)		90 and Greater Days Past Due (b)		Non-performing Loans		Total Past Due and Non-performing Loans		Total Loans (c)
Dollars in millions
LOAN TYPE
Commercial and industrial	$	50,226	$	19	$	49	$	40	$	191	$	299	$	50,525
Commercial real estate:
Commercial mortgage	14,174		10		9		7		44		70		14,244
Construction	1,978		—		17		1		—		18		1,996
Total commercial real estate loans	16,152		10		26		8		44		88		16,240
Commercial lease financing	4,061		6		—		—		4		10		4,071
Total commercial loans	$	70,439	$	35	$	75	$	48	$	239	$	397	$	70,836
Real estate — residential mortgage	$	15,669	$	7	$	3	$	5	$	72	$	87	$	15,756
Home equity loans	8,299		21		6		6		135		168		8,467
Consumer direct loans	5,736		8		2		3		4		17		5,753
Credit cards	956		4		3		6		3		16		972
Consumer indirect loans	68		1		—		—		1		2		70
Total consumer loans	$	30,728	$	41	$	14	$	20	$	215	$	290	$	31,018
Total loans	$	101,167	$	76	$	89	$	68	$	454	$	687	$	101,854

At September 30, 2022, the approximate carrying amount of our commercial nonperforming loans outstanding represented 60% of their original contractual amount owed, total nonperforming loans outstanding represented 72% of their original contractual amount owed, and nonperforming assets in total were carried at 80% of their original contractual amount owed.

We classify financial assets as collateral-dependent when our borrower is experiencing financial difficulty, and we expect repayment to be provided substantially through the operation or sale of the collateral. Our commercial loans have collateral that includes cash, accounts receivable, inventory, commercial machinery, commercial properties, commercial real estate construction projects, enterprise value, and stock or ownership interests in the borrowing entity. When appropriate we also consider the enterprise value of the borrower as a repayment source for collateral-dependent loans. Our consumer loans have collateral that includes residential real estate, automobiles, boats, and RVs.

We classify loan modifications as TDRs when a borrower is experiencing financial difficulties and we have granted a concession without commensurate financial, structural, or legal consideration. Our loan modifications are handled on a case-by-case basis and are negotiated to achieve mutually agreeable terms that maximize loan collectability and meet the borrower’s financial needs.

The consumer TDR other concession category in the table below primarily includes those borrowers’ debts that are discharged through Chapter 7 bankruptcy and have not been formally re-affirmed. At September 30, 2022, and December 31, 2021, the recorded investment of consumer residential mortgage loans in the process of foreclosure was approximately $108 million and $104 million, respectively.


	Three Months Ended September 30,				Nine Months Ended September 30,
Dollars in millions	2022		2021		2022		2021
Commercial loans:


Extension of Maturity Date	$	40	$	—	$	40	$	5
Payment or Covenant Modification/Deferment	—		—		1		7
Bankruptcy Plan Modification	—		—		—		—
Increase in new commitment or new money	—		—		—		—
Total	$	40	$	—	$	41	$	12
Consumer loans:
Interest rate reduction	$	5	$	3	$	10	$	6

Other	4		12		17		18
Total	$	9	$	15	$	27	$	24
Total TDRs	$	49	$	15	$	68	$	36

A further breakdown of TDRs included in nonperforming loans by loan category for the periods indicated are as follows:


	September 30, 2022					December 31, 2021
	Number of Loans	Pre-modification Outstanding Recorded Investment		Post-modification Outstanding Recorded Investment		Number of Loans	Pre-modification Outstanding Recorded Investment		Post-modification Outstanding Recorded Investment
Dollars in millions
LOAN TYPE
Nonperforming:
Commercial and industrial	37	$	64	$	52	36	$	30	$	14
Commercial real estate:
Commercial mortgage	4	50		23		3	50		25
Total commercial real estate loans	4	50		23		3	50		25
Total commercial loans	41	114		75		39	80		39
Real estate — residential mortgage	234	29		26		220	26		24
Home equity loans	478	32		28		531	36		31
Consumer direct loans	180	2		2		207	3		2
Credit cards	343	2		2		360	2		2
Consumer indirect loans	17	2		1		23	1		1
Total consumer loans	1,252	67		59		1,341	68		60
Total nonperforming TDRs	1,293	181		134		1,380	148		99
Prior-year accruing:(a)
Commercial and industrial	17	1		—		11	—		—
Commercial real estate
Commercial mortgage	—	—		—		1	—		—
Total commercial real estate loans	—	—		—		1	—		—
Total commercial loans	17	1		—		12	—		—
Real estate — residential mortgage	443	41		35		455	39		33
Home equity loans	1,563	97		74		1,628	97		75
Consumer direct loans	257	4		3		236	5		3
Credit cards	595	4		2		579	4		2
Consumer indirect loans	107	12		6		139	15		8
Total consumer loans	2,965	158		120		3,037	160		121
Total prior-year accruing TDRs	2,982	159		120		3,049	160		121
Total TDRs	4,275	$	340	$	254	4,429	$	308	$	220

Commercial loan TDRs are considered defaulted when principal and interest payments are 90 days past due. Consumer loan TDRs are considered defaulted when principal and interest payments are more than 60 days past due. During the three months ended September 30, 2022, there were two commercial loan TDRs and 56 consumer loan TDRs with a combined recorded investment of $1 million that experienced payment defaults after modifications resulting in TDR status during 2021. During the three months ended September 30, 2021, there were two commercial loan TDRs and 33 consumer loan TDRs with a combined recorded investment of $2 million that experienced payment defaults after modifications resulting in TDR status during 2020.

During the nine months ended September 30, 2022, there were seven commercial loan TDRs and 146 consumer loan TDRs with a combined recorded investment of $11 million that experienced payment defaults after modifications resulting in TDR status during 2021. During the nine months ended September 30, 2021, there were five commercial loan TDRs and 98 consumer loan TDRs with a combined recorded investment of $4 million that experienced payment defaults after modifications resulting in TDR status during 2020.