Loans and ACL

6 Months Ended

Jun. 30, 2023

In the first quarter of 2023, the Company adopted the Troubled Debt Restructurings and Vintage Disclosures accounting standard. Certain newly required disclosures in this footnote are presented as of and for the period ended June 30, 2023 only as the adoption of this guidance did not impact the prior periods. As such, disclosures were provided related to TDRs as of December 31, 2022 and for the three and six months ended June 30, 2022 under prior accounting standards. Refer to “Note 1. Basis of Presentation” for additional information.

The following tables present loans and leases HFI by aging category. Government guaranteed loans are not placed on nonperforming status regardless of delinquency because collection of principal and interest is reasonably assured. Truist sold its student loan portfolio at the end of the second quarter of 2023, which had a carrying value of $4.7 billion. The six months ended June 30, 2023 includes $98 million of charge-offs related to the sale, which was previously provided for in the allowance.


	Accruing
June 30, 2023 (Dollars in millions)	Current		30-89 Days Past Due		90 Days Or More Past Due(1)		Nonperforming		Total
Commercial:
Commercial and industrial	$	166,413	$	142	$	36	$	562	$	167,153
CRE	22,512		38		—		275		22,825
Commercial construction	5,916		6		5		16		5,943

Consumer:
Residential mortgage	55,170		521		564		221		56,476
Home equity	10,156		56		7		129		10,348
Indirect auto	24,948		549		—		262		25,759
Other consumer	28,522		175		12		46		28,755

Credit card	4,732		63		38		—		4,833

Total	$	318,369	$	1,550	$	662	$	1,511	$	322,092
(1)Includes government guaranteed loans of $541 million in the residential mortgage portfolio.

	Accruing
December 31, 2022 (Dollars in millions)	Current		30-89 Days Past Due		90 Days Or More Past Due(1)		Nonperforming		Total
Commercial:
Commercial and industrial	$	163,604	$	256	$	49	$	398	$	164,307
CRE	22,568		25		1		82		22,676
Commercial construction	5,844		5		—		—		5,849

Consumer:
Residential mortgage	55,005		614		786		240		56,645
Home equity	10,661		68		12		135		10,876
Indirect auto	27,015		646		1		289		27,951
Other consumer	27,289		187		13		44		27,533
Student	4,179		402		706		—		5,287
Credit card	4,766		64		37		—		4,867

Total	$	320,931	$	2,267	$	1,605	$	1,188	$	325,991
(1)Includes government guaranteed loans of $759 million in the residential mortgage portfolio and $702 million in the student portfolio.

The following tables present the amortized cost basis of loans by origination year and credit quality indicator:


June 30, 2023 (Dollars in millions)	Amortized Cost Basis by Origination Year												Revolving Credit		Loans Converted to Term		Other(1)
	2023		2022		2021		2020		2019		Prior								Total
Commercial:
Commercial and industrial:
Pass	$	18,434	$	37,324	$	17,548	$	9,277	$	6,628	$	12,487	$	59,200	$	—	$	(240)	$	160,658
Special mention	328		619		702		196		117		181		755		—		—		2,898
Substandard	133		780		420		188		385		431		698		—		—		3,035
Nonperforming	82		175		51		11		21		38		184		—		—		562
Total	18,977		38,898		18,721		9,672		7,151		13,137		60,837		—		(240)		167,153
Gross charge-offs	20		46		28		18		3		17		50		—		—		182
CRE:
Pass	2,463		5,055		3,025		2,179		3,139		3,324		997		—		(71)		20,111
Special mention	237		446		39		86		123		56		55		—		—		1,042
Substandard	104		355		231		40		366		301		—		—		—		1,397
Nonperforming	—		110		2		2		85		76		—		—		—		275
Total	2,804		5,966		3,297		2,307		3,713		3,757		1,052		—		(71)		22,825
Gross charge-offs	—		11		1		—		—		29		—		—		—		41
Commercial construction:
Pass	423		1,806		1,640		419		149		135		852		—		—		5,424
Special mention	39		135		90		129		—		—		15		—		—		408
Substandard	3		30		7		55		—		—		—		—		—		95
Nonperforming	15		—		—		—		1		—		—		—		—		16
Total	480		1,971		1,737		603		150		135		867		—		—		5,943








Consumer:
Residential mortgage:

Current	1,811		13,731		16,985		5,933		2,957		13,753		—		—		—		55,170
30 - 89 days past due	4		33		37		26		30		391		—		—		—		521
90 days or more past due	—		17		29		45		42		431		—		—		—		564
Nonperforming	—		6		10		11		16		178		—		—		—		221
Total	1,815		13,787		17,061		6,015		3,045		14,753		—		—		—		56,476
Gross charge-offs	—		—		2		—		—		—		—		—		—		2
Home equity:

Current	—		—		—		—		—		—		6,350		3,806		—		10,156
30 - 89 days past due	—		—		—		—		—		—		37		19		—		56
90 days or more past due	—		—		—		—		—		—		4		3		—		7
Nonperforming	—		—		—		—		—		—		47		82		—		129
Total	—		—		—		—		—		—		6,438		3,910		—		10,348
Gross charge-offs	—		—		—		—		—		—		4		—		—		4
Indirect auto:

Current	3,203		9,764		5,842		3,236		1,851		1,061		—		—		(9)		24,948
30 - 89 days past due	25		166		135		80		70		73		—		—		—		549

Nonperforming	4		68		68		44		41		37		—		—		—		262
Total	3,232		9,998		6,045		3,360		1,962		1,171		—		—		(9)		25,759
Gross charge-offs	1		88		58		29		29		37		—		—		—		242
Other consumer:

Current	6,258		9,337		4,638		2,445		1,363		1,499		2,964		15		3		28,522
30 - 89 days past due	30		60		33		20		15		11		4		2		—		175
90 days or more past due	1		8		1		1		—		—		1		—		—		12
Nonperforming	1		7		14		8		6		9		—		1		—		46
Total	6,290		9,412		4,686		2,474		1,384		1,519		2,969		18		3		28,755
Gross charge-offs	24		76		46		26		18		7		12		—		—		209
Student:(2)





Gross charge-offs	—		—		—		—		—		108		—		—		—		108
Credit card:
Current	—		—		—		—		—		—		4,715		17		—		4,732
30 - 89 days past due	—		—		—		—		—		—		62		1		—		63
90 days or more past due	—		—		—		—		—		—		37		1		—		38

Total	—		—		—		—		—		—		4,814		19		—		4,833
Gross charge-offs	—		—		—		—		—		—		103		1		—		104
Total	$	33,598	$	80,032	$	51,547	$	24,431	$	17,405	$	34,472	$	76,977	$	3,947	$	(317)	$	322,092
Gross charge-offs	$	45	$	221	$	135	$	73	$	50	$	198	$	169	$	1	$	—	$	892


December 31, 2022 (Dollars in millions)	Amortized Cost Basis by Origination Year												Revolving Credit		Loans Converted to Term		Other(1)
	2022		2021		2020		2019		2018		Prior								Total
Commercial:
Commercial and industrial:
Pass	$	45,890	$	21,642	$	11,219	$	8,258	$	4,977	$	9,686	$	57,854	$	—	$	(199)	$	159,327
Special mention	243		302		143		160		61		88		721		—		—		1,718
Substandard	518		387		113		413		249		187		997		—		—		2,864
Nonperforming	47		53		10		28		46		27		187		—		—		398
Total	46,698		22,384		11,485		8,859		5,333		9,988		59,759		—		(199)		164,307
CRE:
Pass	6,141		3,595		2,220		3,846		2,092		2,265		757		—		(70)		20,846
Special mention	106		118		74		229		281		5		18		—		—		831
Substandard	106		99		35		422		121		134		—		—		—		917
Nonperforming	—		3		—		—		77		2		—		—		—		82
Total	6,353		3,815		2,329		4,497		2,571		2,406		775		—		(70)		22,676
Commercial construction:
Pass	1,501		1,500		825		290		212		71		1,056		—		—		5,455
Special mention	80		—		93		—		—		—		35		—		—		208
Substandard	114		—		18		1		53		—		—		—		—		186

Total	1,695		1,500		936		291		265		71		1,091		—		—		5,849






Consumer:
Residential mortgage:

Current	13,824		17,340		6,167		3,084		1,384		13,206		—		—		—		55,005
30 - 89 days past due	55		61		32		37		43		386		—		—		—		614
90 or more days past due	5		31		62		62		91		535		—		—		—		786
Nonperforming	4		6		10		12		17		191		—		—		—		240
Total	13,888		17,438		6,271		3,195		1,535		14,318		—		—		—		56,645
Home equity:

Current	—		—		—		—		—		—		6,843		3,818		—		10,661
30 - 89 days past due	—		—		—		—		—		—		48		20		—		68
90 days or more past due	—		—		—		—		—		—		9		3		—		12
Nonperforming	—		—		—		—		—		—		44		91		—		135
Total	—		—		—		—		—		—		6,944		3,932		—		10,876
Indirect auto:

Current	11,646		7,141		4,105		2,461		1,096		559		—		—		7		27,015
30 - 89 days past due	147		174		111		100		60		54		—		—		—		646
90 days or more past due	1		—		—		—		—		—		—		—		—		1
Nonperforming	41		77		56		56		34		25		—		—		—		289
Total	11,835		7,392		4,272		2,617		1,190		638		—		—		7		27,951
Other consumer:

Current	11,270		5,805		3,167		1,814		865		1,061		3,278		29		—		27,289
30 - 89 days past due	68		44		26		20		10		7		10		2		—		187
90 days or more past due	8		1		1		1		—		—		2		—		—		13
Nonperforming	4		11		8		9		2		8		2		—		—		44
Total	11,350		5,861		3,202		1,844		877		1,076		3,292		31		—		27,533
Student:
Current	—		—		17		71		57		4,034		—		—		—		4,179
30 - 89 days past due	—		—		—		1		1		400		—		—		—		402
90 days or more past due	—		—		—		1		1		704		—		—		—		706

Total	—		—		17		73		59		5,138		—		—		—		5,287
Credit card:
Current	—		—		—		—		—		—		4,750		16		—		4,766
30 - 89 days past due	—		—		—		—		—		—		63		1		—		64
90 days or more past due	—		—		—		—		—		—		36		1		—		37

Total	—		—		—		—		—		—		4,849		18		—		4,867
Total	$	91,819	$	58,390	$	28,512	$	21,376	$	11,830	$	33,635	$	76,710	$	3,981	$	(262)	$	325,991

(1)Includes certain deferred fees and costs and other adjustments.

(2)Truist sold its student loan portfolio at the end of the second quarter of 2023. Charge-offs include $98 million related to the sale.

ACL

The following tables present activity in the ACL:








(Dollars in millions)	Balance at Apr 1, 2022		Charge-Offs		Recoveries		Provision (Benefit)		Other(1)		Balance at Jun 30, 2022
Commercial:
Commercial and industrial	$	1,319	$	(17)	$	13	$	42	$	—	$	1,357
CRE	283		(1)		6		(51)		—		237
Commercial construction	53		—		1		(4)		—		50

Consumer:
Residential mortgage	310		(2)		4		15		—		327
Home equity	88		(3)		6		(3)		—		88
Indirect auto	957		(77)		26		46		—		952
Other Consumer	697		(100)		20		111		—		728
Student	115		(4)		—		(10)		(1)		100
Credit card	348		(40)		9		31		—		348

ALLL	4,170		(244)		85		177		(1)		4,187
RUFC	253		—		—		(6)		—		247
ACL	$	4,423	$	(244)	$	85	$	171	$	(1)	$	4,434

(Dollars in millions)	Balance at Apr 1, 2023		Charge-Offs		Recoveries		Provision (Benefit)		Other(1)		Balance at Jun 30, 2023
Commercial:
Commercial and industrial	$	1,497	$	(107)	$	13	$	133	$	—	$	1,536
CRE	251		(35)		—		186		—		402
Commercial construction	87		—		—		22		—		109

Consumer:
Residential mortgage	332		(1)		2		(13)		—		320
Home equity	87		(2)		5		(5)		—		85
Indirect auto	993		(115)		31		72		—		981
Other consumer	779		(104)		20		113		—		808
Student(2)	98		(103)		—		5		—		—
Credit card	355		(53)		9		54		—		365

ALLL	4,479		(520)		80		567		—		4,606
RUFC	282		—		—		(9)		—		273
ACL	$	4,761	$	(520)	$	80	$	558	$	—	$	4,879



















(Dollars in millions)	Balance at Jan 1, 2022		Charge-Offs		Recoveries		Provision (Benefit)		Other(1)		Balance at Jun 30, 2022
Commercial:
Commercial and industrial	$	1,426	$	(48)	$	30	$	(51)	$	—	$	1,357
CRE	350		(2)		7		(118)		—		237
Commercial construction	52		(1)		2		(3)		—		50

Consumer:
Residential mortgage	308		(4)		10		13		—		327
Home equity	96		(4)		11		(15)		—		88
Indirect auto	1,022		(179)		49		60		—		952
Other consumer	714		(176)		41		149		—		728
Student	117		(10)		—		(7)		—		100
Credit card	350		(81)		18		61		—		348

ALLL	4,435		(505)		168		89		—		4,187
RUFC	260		—		—		(13)		—		247
ACL	$	4,695	$	(505)	$	168	$	76	$	—	$	4,434


(Dollars in millions)	Balance at Jan 1, 2023		Charge-Offs		Recoveries		Provision (Benefit)		Other(1)		Balance at Jun 30, 2023
Commercial:
Commercial and industrial	$	1,409	$	(182)	$	26	$	284	$	(1)	$	1,536
CRE	224		(41)		1		218		—		402
Commercial construction	46		—		1		62		—		109

Consumer:
Residential mortgage	399		(2)		4		—		(81)		320
Home equity	90		(4)		11		(12)		—		85
Indirect auto	981		(242)		57		172		13		981
Other consumer	770		(209)		37		211		(1)		808
Student(2)	98		(108)		—		10		—		—
Credit card	360		(104)		18		94		(3)		365

ALLL	4,377		(892)		155		1,039		(73)		4,606
RUFC	272		—		—		1		—		273
ACL	$	4,649	$	(892)	$	155	$	1,040	$	(73)	$	4,879

(1)Includes the amounts for the ALLL for PCD acquisitions, the impact of adopting the Troubled Debt Restructurings and Vintage Disclosures accounting standard, and other activity.

(2)Truist sold its student loan portfolio at the end of the second quarter of 2023. Charge-offs include $98 million related to the sale.

The commercial ALLL increased $212 million and $368 million and the consumer ALLL decreased $95 million and $144 million during the three and six months ended June 30, 2023, respectively. The increase in the commercial ALLL primarily reflects loan growth and an updated economic outlook. The decrease in the consumer ALLL was primarily driven by the sale of the student portfolio in the current quarter as well as first quarter 2023 impacts associated with the adoption of the Troubled Debt Restructurings and Vintage Disclosure accounting standard. Considerations for the updated economic outlook include the potential impacts related to the risks associated with inflation, rising rates, geopolitical events, and recession.

The quantitative models have been designed to estimate losses using macro-economic forecasts over a reasonable and supportable forecast period of two years, followed by a reversion to long-term historical loss conditions over a one-year period. Forecasts of macroeconomic variables used in loss forecasting include, but are not limited to, unemployment trends, U.S. real GDP, corporate credit spreads, rental rates, property values, home price indices, and used car prices.

The overall economic forecast incorporates a third-party baseline forecast that is adjusted to reflect Truist’s interest rate outlook. Management also considers optimistic and pessimistic third-party macro-economic forecasts in order to capture uncertainty in the economic environment. These forecasts, along with the primary economic forecast, are weighted 40% baseline, 30% optimistic, and 30% pessimistic in the June 30, 2023 ACL, unchanged since December 31, 2022. While the scenario weightings were unchanged, each forecast scenario reflected deterioration in certain economic variables over the reasonable and supportable forecast period when compared to the prior period. The overall economic forecast shaping the ACL estimate at June 30, 2023 included GDP growth in the low-single digits and an unemployment rate near mid-single digits.

Quantitative models have certain limitations with respect to estimating expected losses, particularly in times of rapidly changing macro-economic conditions and forecasts. As a result, management believes that the qualitative component of the ACL, which incorporates management’s expert judgment related to expected future credit losses, will continue to be an important component of the ACL for the foreseeable future. The June 30, 2023 ACL estimate includes adjustments to consider the impact of current and expected events or risks not captured by the loss forecasting models, the outcomes of which are uncertain and may not be completely considered by quantitative models. Refer to “Note 1. Basis of Presentation” in Truist’s Annual Report on Form 10-K for the year ended December 31, 2022 for additional information.

NPAs

The following table provides a summary of nonperforming loans and leases, excluding LHFS:


	June 30, 2023				December 31, 2022
	Recorded Investment				Recorded Investment
(Dollars in millions)	Without an ALLL		With an ALLL		Without an ALLL		With an ALLL
Commercial:
Commercial and industrial	$	93	$	469	$	120	$	278
CRE	69		206		75		7
Commercial construction	—		16		—		—

Consumer:
Residential mortgage	1		220		4		236
Home equity	1		128		2		133
Indirect auto	22		240		3		286
Other consumer	—		46		—		44


Total	$	186	$	1,325	$	204	$	984

The following table presents a summary of nonperforming assets and residential mortgage loans in the process of foreclosure:


(Dollars in millions)	Jun 30, 2023		Dec 31, 2022
Nonperforming loans and leases HFI	$	1,511	$	1,188
Nonperforming LHFS	13		—
Foreclosed real estate	3		4
Other foreclosed property	56		58
Total nonperforming assets	$	1,583	$	1,250

Residential mortgage loans in the process of foreclosure	$	229	$	248

Loan Modifications

The following tables summarize the period-end amortized cost basis and the weighted average financial effect of loans to borrowers experiencing financial difficulty that were modified during the period, disaggregated by class of financing receivable and type of modification granted. These tables include modification activity that occurred on or after January 1, 2023. The volume of payment delay modifications is expected to increase throughout 2023 as the cumulative period over which such modifications are evaluated gradually extends to a full 12-month rolling period:


Three Months Ended June 30, 2023 (Dollars in millions)	Renewals		Term Extensions		Capitalizations		Payment Delays		Combination - Interest Rate Adjustment and Term Extension		Combination - Capitalization and Term Extension		Combination - Capitalization, Interest Rate and Term Extension		Other		Total Modified Loans		Percentage of Total Class of Financing Receivable
Commercial:
Commercial and industrial	$	265	$	—	$	—	$	21	$	44	$	—	$	—	$	—	$	330	0.20	%
CRE	49		—		—		—		—		—		—		—		49		0.21
Commercial construction	2		—		—		—		—		—		—		—		2		0.03
Consumer:
Residential mortgage	—		25		39		36		1		89		18		5		213		0.38
Home equity	—		—		—		—		3		—		—		1		4		0.04
Indirect auto	—		7		—		141		4		—		—		7		159		0.62
Other consumer	—		5		—		—		1		—		—		1		7		0.02
Credit card	—		—		—		—		—		—		—		5		5		0.10
Total	$	316	$	37	$	39	$	198	$	53	$	89	$	18	$	19	$	769	0.24


Six Months Ended June 30, 2023 (Dollars in millions)	Renewals		Term Extensions		Capitalizations		Payment Delays		Combination - Interest Rate Adjustment and Term Extension		Combination - Capitalization and Term Extension		Combination - Capitalization, Interest Rate and Term Extension		Other		Total Modified Loans		Percentage of Total Class of Financing Receivable
Commercial:
Commercial and industrial	$	499	$	—	$	—	$	21	$	44	$	—	$	—	$	—	$	564	0.34	%
CRE	139		—		—		48		—		—		—		—		187		0.82
Commercial construction	3		—		—		—		—		—		—		—		3		0.05
Consumer:
Residential mortgage	—		53		69		54		2		180		37		8		403		0.71
Home equity	—		—		—		—		5		—		—		2		7		0.07
Indirect auto	—		12		—		145		9		—		—		11		177		0.69
Other consumer	—		9		—		1		3		—		—		2		15		0.05
Credit card	—		—		—		—		—		—		—		9		9		0.19
Total	$	641	$	74	$	69	$	269	$	63	$	180	$	37	$	32	$	1,365	0.42

Three Months Ended June 30, 2023

Loan Type

Financial Effect

Renewals

Commercial and industrial

Extended the term by 5 months and increased the interest rate by 0.3%.

CRE

Extended the term by 11 months.

Commercial construction

Extended the term by 2 months.

Term Extensions

Residential mortgage

Extended the term by 145 months.

Indirect auto

Extended the term by 22 months.

Other consumer

Extended the term by 24 months.

Capitalizations

Residential mortgage

Capitalized a portion of forborne loan and other advanced payments into the outstanding loan balance.

Payment Delays

Commercial and industrial

Provided payment deferral of 189 days.

Residential mortgage

Provided payment deferral of 214 days.

Indirect auto

Provided payment deferral of 125 days.

Combination - Interest Rate Adjustment and Term Extension

Commercial and industrial

Extended the term by 76 months and increased the interest rate by 3%.

Residential mortgage

Extended the term by 123 months and increased the interest rate by 1%.

Home equity

Extended the term by 169 months and decreased the interest rate by 3%.

Indirect auto

Extended the term by 10 months and decreased the interest rate by 7%.

Other consumer

Extended the term by 26 months and decreased the interest rate by 1%.

Combination - Capitalization and Term Extension

Residential mortgage

Capitalized a portion of forborne loan and other advanced payments into the outstanding loan balance and extended the term by 103 months.

Combination - Capitalization, Interest Rate and Term Extension

Residential mortgage

Capitalized a portion of forborne loan and other advanced payments into the outstanding loan balance, extended the term by 169 months, and increased the interest rate by 0.1%.

Six Months Ended June 30, 2023

Loan Type

Financial Effect

Renewals

Commercial and industrial

Extended the term by 5 months and increased the interest rate by 0.3%.

CRE

Extended the term by 10 months and increased the interest rate by 0.1%.

Commercial construction

Extended the term by 3 months.

Term Extensions

Residential mortgage

Extended the term by 151 months.

Indirect auto

Extended the term by 22 months.

Other consumer

Extended the term by 24 months.

Capitalizations

Residential mortgage

Capitalized a portion of forborne loan and other advanced payments into the outstanding loan balance.

Payment Delays

Commercial and industrial

Provided 189 days of payment deferral.

CRE

Provided 232 days of payment deferral.

Residential mortgage

Provided 209 days of payment deferral.

Indirect auto

Provided 125 days of payment deferral.

Other consumer

Provided 151 days of payment deferral.

Combination - Interest Rate Adjustment and Term Extension

Commercial and industrial

Extended the term by 76 months and increased the interest rate by 3%.

Residential mortgage

Extended the term by 114 months and increased the interest rate by 0.4%.

Home equity

Extended the term by 229 months and decreased the interest rate by 3%.

Indirect auto

Extended the term by 11 months and decreased the interest rate by 7%.

Other consumer

Extended the term by 63 months and decreased the interest rate by 2%.

Combination - Capitalization and Term Extension

Residential mortgage

Capitalized a portion of forborne loan and other advanced payments into the outstanding loan balance and extended the term by 107 months.

Combination - Capitalization, Interest Rate and Term Extension

Residential mortgage

Capitalized a portion of forborne loan and other advanced payments into the outstanding loan balance, extended the term by 125 months, and decreased the interest rate by 0.1%.

The tables above exclude trial modifications totaling $88 million as of June 30, 2023. Such modifications will be included in the modification activity disclosure if the borrower successfully completes the trial period and the loan modification is finalized.

As of June 30, 2023, Truist had $419 million in unfunded lending commitments related to the modified obligations summarized in the tables above.

Upon Truist’s determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.

Truist closely monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table summarizes the delinquency status of loans that were modified:


	Payment Status (Amortized Cost Basis)
June 30, 2023 (Dollars in millions)	Current		30-89 Days Past Due		90 Days or More Past Due		Total
Commercial:
Commercial and industrial	$	528	$	3	$	33	$	564
CRE	187		—		—		187
Commercial construction	3		—		—		3
Consumer:
Residential mortgage	282		77		44		403
Home equity	6		—		1		7
Indirect auto	157		17		3		177
Other consumer	14		1		—		15
Credit card	7		1		1		9
Total	$	1,184	$	99	$	82	$	1,365
Total nonaccrual loans included above	$	291	$	23	$	47	$	361

The following table provides the amortized cost basis of financing receivables that were modified and were in payment default:


June 30, 2023 (Dollars in millions)	Renewals		Term Extensions		Capitalizations		Payment Delays		Combination - Capitalization and Term Extension		Combination - Capitalization, Interest Rate and Term Extension		Other		Total
Commercial:
Commercial and industrial	$	33	$	—	$	—	$	—	$	—	$	—	$	—	$	33


Consumer:
Residential mortgage	—		5		3		18		14		2		2		44
Home equity	—		—		—		—		—		—		1		1
Indirect auto	—		—		—		—		—		—		3		3

Credit card	—		—		—		—		—		—		1		1
Total	$	33	$	5	$	3	$	18	$	14	$	2	$	7	$	82

TDRs

The following table presents a summary of TDRs:


(Dollars in millions)	Dec 31, 2022
Performing TDRs:
Commercial:
Commercial and industrial	$	136
CRE	5
Commercial construction	1

Consumer:
Residential mortgage	1,252
Home equity	51
Indirect auto	462
Other consumer	31
Student	30
Credit card	18
Total performing TDRs	1,986
Nonperforming TDRs	214
Total TDRs	$	2,200
ALLL attributable to TDRs	$	152

The primary type of modification for TDRs designated in 2022 is summarized in the tables below. TDR balances represent the recorded investment at the end of the quarter in which the modification was made. The prior quarter balance represents recorded investment at the beginning of the quarter in which the modification was made. Rate modifications consist of TDRs made with below market interest rates, including those that also have modifications of loan structures.






















	As of / For the Three Months Ended June 30, 2022								As of / For the Six Months Ended June 30, 2022
	Type of Modification				Prior Quarter Loan Balance		Related ALLL at Period End		Type of Modification				Prior Quarter Loan Balance		Related ALLL at Period End
(Dollars in millions)	Rate		Structure						Rate		Structure
Newly designated TDRs:
Commercial	$	—	$	1	$	1	$	—	$	—	$	9	$	11	$	—




Consumer	97		197		293		14		245		388		622		29





Credit card	2		—		2		1		4		—		4		2
Re-modification of previously designated TDRs	9		29						30		40

Unearned Income, Discounts, and Net Deferred Loan Fees and Costs

The following table presents additional information about loans and leases:


(Dollars in millions)	Jun 30, 2023		Dec 31, 2022
Unearned income, discounts, and net deferred loan fees and costs	$	401	$	269