First Citizens BancShares (FCNCO) 10-Q 7 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Oct. 31, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-16715
Entity Registrant Name	FIRST CITIZENS BANCSHARES INC /DE/
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	56-1528994
Entity Address, Address Line One	4300 Six Forks Road
Entity Address, City or Town	Raleigh
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27609
City Area Code	(919)
Local Phone Number	716-7000
Title of 12(g) Security	Class B Common Stock, Par Value $1
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0000798941
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false
Class A Common Stock, Par Value $1
Document Information [Line Items]
Title of 12(b) Security	Class A Common Stock, Par Value $1
Trading Symbol	FCNCA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		12,984,310
Depositary Shares, Each Representing a 1/40th Interest in a Share of 5.375% Non-Cumulative Perpetual Preferred Stock, Series A
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares, Each Representing a 1/40th Interest in a Share of 5.375% Non-Cumulative Perpetual Preferred Stock, Series A
Trading Symbol	FCNCP
Security Exchange Name	NASDAQ
5.625% Non-Cumulative Perpetual Preferred Stock, Series C
Document Information [Line Items]
Title of 12(b) Security	5.625% Non-Cumulative Perpetual Preferred Stock, Series C
Trading Symbol	FCNCO
Security Exchange Name	NASDAQ
Class B Common Stock, Par Value $1
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		1,005,185

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 862	$ 908
Interest-earning deposits at banks	25,640	33,609
Securities purchased under agreements to resell	455	473
Investment in marketable equity securities (cost of $70 at September 30, 2024 and $75 at December 31, 2023)	82	84
Investment securities available for sale (cost of $28,502 at September 30, 2024 and $20,688 at December 31, 2023), net of allowance for credit losses	28,190	19,936
Investment securities held to maturity (fair value of $9,168 at September 30, 2024 and $8,503 at December 31, 2023)	10,391	9,979
Assets held for sale	68	76
Loans and leases	138,695	133,302
Allowance for loan and lease losses	(1,678)	(1,747)
Loans and leases, net of allowance for loan and lease losses	137,017	131,555
Operating lease equipment, net	9,186	8,746
Premises and equipment, net	1,974	1,877
Goodwill	346	346
Other intangible assets, net	265	312
Other assets	6,091	5,857
Total assets	220,567	213,758
Deposits:
Noninterest-bearing	39,396	39,799
Interest-bearing	112,178	106,055
Total deposits	151,574	145,854
Credit balances of factoring clients	1,250	1,089
Borrowings:
Short-term borrowings	391	485
Long-term borrowings	36,770	37,169
Total borrowings	37,161	37,654
Other liabilities	7,754	7,906
Total liabilities	197,739	192,503
Stockholders’ equity
Preferred stock - $0.01 par value (20,000,000 shares authorized at September 30, 2024 and December 31, 2023)	881	881
Additional paid in capital	3,389	4,108
Retained earnings	18,703	16,742
Accumulated other comprehensive loss	(159)	(491)
Total stockholders’ equity	22,828	21,255
Total liabilities and stockholders’ equity	220,567	213,758
Class A
Stockholders’ equity
Common stock:	13	14
Class B
Stockholders’ equity
Common stock:	$ 1	$ 1

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Investment in marketable equity securities, at cost	$ 70	$ 75
Investment securities available for sale, at cost	28,502	20,688
Investment securities held to maturity, at fair value	$ 9,168	$ 8,503
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	20,000,000	20,000,000
Class A
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	32,000,000	32,000,000
Common stock, shares issued (in shares)	13,174,023	13,514,933
Common stock, shares outstanding (in shares)	13,174,023	13,514,933
Class B
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	2,000,000	2,000,000
Common stock, shares issued (in shares)	1,005,185	1,005,185
Common stock, shares outstanding (in shares)	1,005,185	1,005,185

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest income
Interest and fees on loans	$ 2,430	$ 2,426	$ 7,206	$ 5,796
Interest on investment securities	358	180	970	407
Interest on deposits at banks	350	504	1,176	1,071
Total interest income	3,138	3,110	9,352	7,274
Interest expense
Deposits	1,004	769	2,907	1,632
Borrowings	338	351	1,011	841
Total interest expense	1,342	1,120	3,918	2,473
Net interest income	1,796	1,990	5,434	4,801
Provision for credit losses	117	192	276	1,126
Net interest income after provision for credit losses	1,679	1,798	5,158	3,675
Noninterest income
Rental income on operating lease equipment	262	248	776	719
Realized gain (loss) on sale of investment securities, net	4	(12)	4	(26)
Fair value adjustment on marketable equity securities, net	9	(1)	3	(20)
Gain on sale of leasing equipment, net	5	10	19	18
Gain on acquisition	0	12	0	9,891
Loss on extinguishment of debt	0	0	(2)	0
Other noninterest income	19	25	92	102
Total noninterest income	650	615	1,916	11,532
Noninterest expense
Depreciation on operating lease equipment	99	95	293	275
Maintenance and other operating lease expenses	59	51	164	163
Salaries and benefits	788	727	2,277	1,922
Net occupancy expense	62	65	182	179
Equipment expense	128	117	368	308
Professional fees	42	12	91	43
Third-party processing fees	55	54	173	139
FDIC insurance expense	31	36	105	76
Marketing expense	20	22	52	78
Acquisition-related expenses	46	121	148	354
Intangible asset amortization	15	17	47	40
Other noninterest expense	111	99	318	266
Total noninterest expense	1,456	1,416	4,218	3,843
Income before income taxes	873	997	2,856	11,364
Income tax expense	234	245	779	412
Net income	639	752	2,077	10,952
Preferred stock dividends	15	15	46	44
Net income available to common stockholders, basic	624	737	2,031	10,908
Net income available to common shareholders, diluted	$ 624	$ 737	$ 2,031	$ 10,908
Earnings per common share
Basic (in dollars per share)	$ 43.42	$ 50.71	$ 140.27	$ 750.79
Diluted (in dollars per share)	$ 43.42	$ 50.67	$ 140.26	$ 750.19
Weighted average common shares outstanding
Basic (in shares)	14,375,974	14,528,310	14,480,874	14,527,718
Diluted (in shares)	14,375,974	14,539,133	14,481,919	14,539,383
Fee income and other service charges
Noninterest income
Noninterest income	$ 81	$ 71	$ 233	$ 188
Client investment fees
Noninterest income
Noninterest income	55	52	159	106
Wealth management services
Noninterest income
Noninterest income	54	49	157	140
International fees
Noninterest income
Noninterest income	29	30	87	63
Service charges on deposit accounts
Noninterest income
Noninterest income	45	44	133	112
Factoring commissions
Noninterest income
Noninterest income	19	21	55	60
Cardholder services, net
Noninterest income
Noninterest income	42	41	122	103
Merchant services, net
Noninterest income
Noninterest income	12	12	36	36
Insurance commissions
Noninterest income
Noninterest income	$ 14	$ 13	$ 42	$ 40

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 639	$ 752	$ 2,077	$ 10,952
Other comprehensive income (loss), net of tax
Net unrealized gain (loss) on securities available for sale	438	(108)	325	(150)
Net change in unrealized loss on securities available for sale transferred to securities held to maturity	1	0	1	1
Net change in defined benefit pension items	0	0	(8)	4
Net unrealized gain on cash flow hedge derivatives	12	0	14	0
Other comprehensive income (loss), net of tax	451	(108)	332	(145)
Total comprehensive income	$ 1,090	$ 644	$ 2,409	$ 10,807

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Millions	Total	Class A	Class B	Series A	Series B	Series C	Preferred Stock	Common Stock Class A	Common Stock Class B	Additional Paid in Capital	Additional Paid in Capital Class A	Retained Earnings	Retained Earnings Class A	Retained Earnings Class B	Retained Earnings Series A	Retained Earnings Series B	Retained Earnings Series C	Accumulated Other Comprehensive Loss
Beginning balance, shareholders' equity at Dec. 31, 2022	$ 9,662						$ 881	$ 14	$ 1	$ 4,109		$ 5,392						$ (735)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	10,952											10,952
Other comprehensive income (loss), net of tax	(145)																	(145)
Stock based compensation	(3)									(3)
Cash dividends declared		$ (31)	$ (2)										$ (31)	$ (2)
Preferred stock dividends declared:				$ (14)	$ (22)	$ (8)									$ (14)	$ (22)	$ (8)
Ending balance, shareholders' equity at Sep. 30, 2023	20,389						881	14	1	4,106		16,267						(880)
Beginning balance, shareholders' equity at Jun. 30, 2023	19,771						881	14	1	4,106		15,541						(772)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	752											752
Other comprehensive income (loss), net of tax	(108)																	(108)
Cash dividends declared		(10)											(10)
Preferred stock dividends declared:				(5)	(8)	(3)									(5)	(8)	(3)
Ending balance, shareholders' equity at Sep. 30, 2023	20,389						881	14	1	4,106		16,267						(880)
Beginning balance, shareholders' equity at Dec. 31, 2023	21,255						881	14	1	4,108		16,742						(491)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,077											2,077
Other comprehensive income (loss), net of tax	332																	332
Stock based compensation	(13)									(13)
Repurchased shares of Class A common stock		(707)						(1)			$ (706)
Cash dividends declared		(65)	(5)										(65)	(5)
Preferred stock dividends declared:				(14)	(24)	(8)									(14)	(24)	(8)
Ending balance, shareholders' equity at Sep. 30, 2024	22,828						881	13	1	3,389		18,703						(159)
Beginning balance, shareholders' equity at Jun. 30, 2024	22,487						881	14	1	4,099		18,102						(610)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	639											639
Other comprehensive income (loss), net of tax	451																	451
Stock based compensation	(4)									(4)
Repurchased shares of Class A common stock		(707)						(1)			$ (706)
Cash dividends declared		$ (21)	$ (2)										$ (21)	$ (2)
Preferred stock dividends declared:				$ (5)	$ (8)	$ (2)									$ (5)	$ (8)	$ (2)
Ending balance, shareholders' equity at Sep. 30, 2024	$ 22,828						$ 881	$ 13	$ 1	$ 3,389		$ 18,703						$ (159)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Common share cash dividends declared (in dollars per share)	$ 1.64	$ 0.75	$ 4.92	$ 2.25
Class A
Repurchased number of shares of Class A common stock (in shares)	353,058		353,058

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 2,077	$ 10,952
Adjustments to reconcile net income to cash provided by operating activities:
Provision for credit losses	276	1,126
Deferred tax (benefit) expense	(127)	110
Depreciation, amortization, and accretion, net	36	(12)
Stock based compensation expense	0	4
Realized (gain) loss on sale of investment securities, net	(4)	26
Fair value adjustment on marketable equity securities, net	(3)	20
(Gain) loss on sale of loans, net	(7)	3
Gain on sale of operating lease equipment, net	(19)	(18)
Loss on sale of premises and equipment, net	1	0
Gain on other real estate owned, net	(6)	(3)
Gain on acquisition	0	(9,891)
Loss on extinguishment of debt	2	0
Origination of loans held for sale	(799)	(503)
Proceeds from sale of loans held for sale	867	475
Impairment of premises and equipment and other assets	0	21
Net change in other assets	(169)	(410)
Net change in other liabilities	(245)	(130)
Other operating activities	(11)	(11)
Net cash provided by operating activities	1,869	1,759
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease in interest-earning deposits at banks	7,969	2,322
Purchase of marketable equity securities	(6)	0
Proceeds from sales of investments in marketable equity securities	15	0
Purchases of investment securities available for sale	(13,339)	(8,415)
Proceeds from maturities of investment securities available for sale	5,036	774
Proceeds from sales of investment securities available for sale	695	245
Purchases of investment securities held to maturity	(791)	(213)
Proceeds from maturities of investment securities held to maturity	401	434
Net decrease (increase) in securities purchased under agreements to resell	18	(549)
Net (increase) decrease in loans	(5,606)	6,215
Proceeds from sales of loans	244	290
Net increase in credit balances of factoring clients	161	287
Purchases of operating lease equipment	(793)	(815)
Proceeds from sales of operating lease equipment	149	178
Purchases of premises and equipment	(301)	(197)
Proceeds from sales of other real estate owned	16	15
Cash acquired, net of cash paid as consideration for acquisition	0	810
Proceeds from surrender of bank-owned life insurance policies	0	1,094
Other investing activities	(279)	312
Net cash (used in) provided by investing activities	(6,411)	2,787
CASH FLOWS FROM FINANCING ACTIVITIES
Net (decrease) increase in time deposits	(2,295)	6,238
Net increase (decrease) in demand and other interest-bearing deposits	8,063	(5,658)
Net (decrease) increase in securities sold under customer repurchase agreements	(94)	7
Repayment of short-term borrowings	0	(2,250)
Proceeds from issuance of short-term borrowings	0	500
Repayment of long-term borrowings	(348)	(13,016)
Proceeds from issuance of long-term borrowings	0	9,990
Repurchase of Class A common stock	(700)	0
Cash dividends paid	(116)	(78)
Other financing activities	(14)	(6)
Net cash provided by (used in) financing activities	4,496	(4,273)
Change in cash and due from banks	(46)	273
Cash and due from banks at beginning of period	908	518
Cash and due from banks at end of period	862	791
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest	4,005	2,443
Income taxes	754	429
Significant non-cash investing and financing activities:
Transfers of loans to other real estate	1	20
Transfers of premises and equipment to other real estate	5	5
Transfer of assets from held for investment to held for sale	329	309
Transfer of assets from held for sale to held for investment	25	14
Commitments extended during the period on affordable housing investment credits	360	81
Purchase Money Note as consideration for SVBB Acquisition	$ 0	$ 35,808

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION	NOTE 1 — SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION Nature of Operations First Citizens BancShares, Inc. (the “Parent Company” and, when including all of its subsidiaries on a consolidated basis, “we,” “us,” “our,” “BancShares”) is a financial holding company organized under the laws of Delaware that conducts operations through its banking subsidiary, First-Citizens Bank & Trust Company (“FCB”), which is headquartered in Raleigh, North Carolina. BancShares and its subsidiaries operate a network of branches and offices, predominantly located in the Southeast, Mid-Atlantic, Midwest and Western United States. BancShares provides various types of commercial and consumer banking services, including lending, leasing, and wealth management services. Deposit services include checking, savings, money market, and time deposit accounts. Business Combinations BancShares accounts for business combinations using the acquisition method of accounting. Under this method, acquired assets and assumed liabilities are included with the acquirer’s accounts at their estimated fair value as of the date of acquisition, with any excess of purchase price over the fair values of the net assets acquired and any finite-lived intangible assets established in connection with the business combination recognized as goodwill. To the extent the fair value of identifiable net assets acquired exceeds the purchase price, a gain on acquisition is recognized. Acquisition-related costs are recognized as period expenses as incurred. On March 27, 2023 (the “SVBB Acquisition Date”), FCB acquired substantially all loans and certain other assets and assumed all customer deposits and certain other liabilities of Silicon Valley Bridge Bank, N.A. (“SVBB”) from the Federal Deposit Insurance Corporation (the “FDIC”) pursuant to the terms of a purchase and assumption agreement (the “SVBB Purchase Agreement”) by and among FCB, the FDIC, and the FDIC, as receiver of SVBB (the “SVBB Acquisition”). Refer to Note 2—Business Combinations for additional information. BASIS OF PRESENTATION Principles of Consolidation and Basis of Presentation These consolidated financial statements and notes thereto are presented in accordance with instructions for Form 10-Q and Article 10 of Regulation S-X and, therefore, do not include all information and notes necessary for a complete presentation of financial position, results of operations and cash flow activity required in accordance with accounting principles generally accepted in the United States of America (“GAAP”). In the opinion of management, all normal recurring adjustments necessary for a fair presentation of the consolidated financial position and consolidated results of operations have been made. The unaudited interim consolidated financial statements included in this Quarterly Report on Form 10-Q (this “Form 10-Q”) should be read in conjunction with the Consolidated Financial Statements and Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2023 (“2023 Form 10-K”). Interim results are not necessarily indicative of results for a full year. The consolidated financial statements of BancShares include the accounts of BancShares and its subsidiaries, certain partnership interests and variable interest entities (“VIEs”) where BancShares is the primary beneficiary, if applicable. All significant intercompany accounts and transactions are eliminated upon consolidation. Assets held in agency or fiduciary capacity are not included in the consolidated financial statements. Refer to Note 8—Variable Interest Entities and Note 9—Other Assets for additional information. Reclassifications Financial Statements In certain instances, amounts reported in the 2023 consolidated financial statements have been reclassified to conform to the current financial statement presentation. Such reclassifications had no effect on previously reported stockholders’ equity or net income. Reportable Segments At December 31, 2023, BancShares reported its financial results in the General Bank, Commercial Bank, Silicon Valley Bank (“SVB”), and Rail segments. All other financial information was included in the “Corporate” section of the segment disclosures. We made the following changes to our segment reporting during the first quarter of 2024: • the private banking and wealth management components of the SVB segment were integrated into the General Bank segment, which already included other wealth management activities; • the SVB segment was renamed SVB Commercial as its customers primarily include commercial clients in key innovation markets, as well as private equity and venture capital clients; and • the Direct Bank (a nationwide digital banking platform that delivers deposit products to consumers) previously allocated to the General Bank segment was transitioned to Corporate, which already included borrowings and brokered deposits. Segment disclosures for 2023 periods included in this Form 10-Q were recast to reflect the segment reporting changes summarized above. Refer to Note 20—Business Segment Information for additional information. Loan Classes At December 31, 2023, our disclosures for loans and leases and the allowance for loan and lease losses (“ALLL”) were aggregated into Commercial, Consumer, and SVB portfolios, each of which consisted of several loan classes. The SVB portfolio consisted of the following loan classes: global fund banking, investor dependent - early stage, investor dependent - growth stage, innovation Commercial and Industrial (“innovation C&I”) and cash flow dependent, private bank, commercial real estate (“CRE”), and “other.” For further information, refer to Note 1—Significant Accounting Policies and Basis of Presentation in the Notes to the Consolidated Financial Statements included in our 2023 Form 10-K. During the first quarter of 2024, the private bank, CRE, and “other” loan classes described below, which were reported in the SVB portfolio at December 31, 2023, were recast to the applicable loan classes within the Commercial and Consumer portfolios. • The private bank loan class included loans to clients who are primarily private equity or venture capital professionals and executives in the innovation companies, as well as high net worth clients. This loan class included mortgages, home equity lines of credit, restricted and private stock loans, personal capital call lines of credit, lines of credit against liquid assets, and other secured and unsecured lending products. In addition, this class included owner occupied commercial mortgages and real estate secured loans. • The CRE loan class consisted generally of acquisition financing loans for commercial properties including office buildings, retail properties, apartment buildings and industrial/warehouse space. • The “other” loan class included smaller acquired portfolios, such as commercial and industrial, premium wine, and other acquired portfolios. Certain loans secured by other nonfarm, nonresidential properties, which were reported in the owner occupied commercial mortgage loan class at December 31, 2023, were recast to the non-owner occupied commercial mortgage loan class during the first quarter of 2024. Loan and lease and ALLL disclosures for 2023 periods included in this Form 10-Q were recast to reflect the changes in loan classes summarized above. Refer to Note 4—Loans and Leases and Note 5—Allowance for Loan and Lease Losses for additional information. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions impact the amounts reported in the consolidated financial statements and accompanying notes and the disclosures provided, and actual results could differ from those estimates. The significant estimate related to the determination of the ALLL is considered a critical accounting estimate. SIGNIFICANT ACCOUNTING POLICIES Significant accounting policies are described in the 2023 Form 10-K. Relevant updates to the significant accounting policies are described below. Derivative Assets and Liabilities During the second quarter of 2024, BancShares entered into floating-rate loan portfolio cash flow hedges as further discussed in Note 12—Derivative Financial Instruments. The changes in fair value of the hedging instrument in a cash flow hedge are reported in Accumulated Other Comprehensive Income (“AOCI”) and subsequently reclassified to earnings during the periods in which the hedged cash flows affect earnings. The recognized gains and losses on loan portfolio cash flow hedges are reported in “interest and fees on loans” on the Consolidated Statements of Income when reclassified from AOCI to earnings. We assess hedge effectiveness at inception and on an ongoing basis. If an accounting hedge subsequently ceases to qualify as an effective hedge or the forecasted cash flows are no longer probable of occurring in a cash flow hedge within the specified period, hedge accounting will be discontinued. Any amounts in AOCI related to a discontinued cash flow hedge will be reclassified to earnings over the same periods in which the hedged cash flows affect earnings. However, if it becomes probable that the forecasted cash flows will not occur within the specified period, any related amounts in AOCI will be reclassified to earnings immediately. Newly Adopted Accounting Standards As of January 1, 2024, BancShares adopted the following Accounting Standards Updates (“ASUs”) issued by the Financial Accounting Standards Board (“FASB”): ASU 2023-02 – Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method, Issued March 2023 The amendments in this ASU allow entities to elect to account for qualifying tax equity investments using the proportional amortization method (“PAM”), regardless of the program giving rise to the related income tax credits. PAM accounting had been available only for qualifying investments in qualified affordable housing projects. This ASU also requires disclosure of the nature of the investor’s tax equity investments and the effect of income tax credits and other income tax benefits from tax equity investments on the investor’s balance sheet and income statement. These required disclosures are included in Note 8—Variable Interest Entities. Adoption of this ASU did not have a material impact on our consolidated financial statements or disclosures. ASU 2022-03 – Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions, Issued June 2022 The amendments in this ASU clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. This ASU also requires specific disclosures for equity securities subject to contractual sale restrictions. Adoption of this ASU did not have a material impact on our consolidated financial statements or disclosures.

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
BUSINESS COMBINATIONS	NOTE 2 — BUSINESS COMBINATIONS Silicon Valley Bridge Bank Acquisition FCB completed the SVBB Acquisition on the SVBB Acquisition Date and acquired substantially all loans and certain other assets and assumed all customer deposits and certain other liabilities of SVBB in an FDIC-assisted transaction. BancShares determined that the SVBB Acquisition constitutes a business combination as defined by Accounting Standards Codification (“ASC”) Topic 805, Business Combinations . Accordingly, the assets acquired and liabilities assumed are presented at their estimated fair values based on valuations as of March 27, 2023. The determination of estimated fair values required management to make certain estimates about discount rates, future expected cash flows, market conditions at the time of the SVBB Acquisition and other future events that are highly subjective in nature. Management has finalized its fair value estimates for the acquired assets and assumed liabilities. The final fair value estimates included adjustments for information relating to events or circumstances existing at the SVBB Acquisition Date that impacted the preliminary fair value estimates within the allowable period not to exceed one year following the SVBB Acquisition Date (“Measurement Period Adjustments”). We recorded Measurement Period Adjustments during 2023. There were no Measurement Period Adjustments during the nine months ended September 30, 2024. Pursuant to the terms of the SVBB Purchase Agreement, FCB acquired assets with a total fair value of approximately $107.54 billion as of the SVBB Acquisition Date, primarily including $68.47 billion of loans, net of the initial ALLL for purchased credit deteriorated (“PCD”) loans, and $35.31 billion of cash and interest-earning deposits at banks. FCB also assumed liabilities with a total fair value of approximately $61.42 billion, primarily including $56.01 billion of customer deposits. The deposits were acquired without a premium and the assets were acquired at a discount of approximately $16.45 billion pursuant to the terms of the SVBB Purchase Agreement. Further details regarding the fair values of the acquired assets and assumed liabilities are provided in the “Fair Value Purchase Price Allocation” table below. In connection with the SVBB Purchase Agreement, FCB also entered into a commercial shared loss agreement with the FDIC (the “Shared-Loss Agreement”). The Shared-Loss Agreement covered an estimated $60 billion of commercial loans (collectively, the “Covered Assets”) at the time of acquisition. The FDIC will reimburse FCB for 0% of losses of up to $5 billion with respect to Covered Assets and 50% of losses in excess of $5 billion with respect to Covered Assets (“FDIC Loss Sharing”) and FCB will reimburse the FDIC for 50% of recoveries related to such Covered Assets (“FCB reimbursement”). The Shared-Loss Agreement provides for FDIC Loss Sharing for five years and FCB reimbursement for eight years. The Shared-Loss Agreement extends to loans funded within one year of the SVBB Acquisition Date that were unfunded commitments to loans at the SVBB Acquisition Date. If certain conditions are met pursuant to the Shared-Loss Agreement, FCB has agreed to pay to the FDIC, 45 days after March 31, 2031 (or, if earlier, the time of disposition of all acquired assets pursuant to the Shared-Loss Agreement), a true-up amount up to $1.5 billion calculated using a formula set forth in the Shared-Loss Agreement. As noted below, estimates indicated there is no material value to attribute to the loss indemnification asset or true-up liability. In connection with the SVBB Acquisition, FCB issued a five Purchase Price Consideration for the SVBB Acquisition As consideration for the SVBB Acquisition, FCB issued the Purchase Money Note with a principal amount of $36.07 billion (fair value of $35.81 billion). FCB pledged specified assets as collateral security for the Purchase Money Note and the Advance Facility Agreement, including loans purchased from the FDIC as receiver to SVBB, the related loan documents and collections, accounts established for collections and disbursements, any items credited thereto, such additional collateral (if any) as the parties may agree to in the future, and proceeds thereof. The interest rate on the Purchase Money Note accrues at a rate of 3.50% per annum. There are no scheduled principal payments under the Purchase Money Note. FCB may voluntarily prepay principal under the Purchase Money Note without premium or penalty, twice per month. The principal amount of the Purchase Money Note is based on the carrying value of net assets acquired less the asset discount of $16.45 billion pursuant to the terms of the SVBB Purchase Agreement. In addition, as part of the consideration for the SVBB Acquisition, BancShares issued a Cash Settled Value Appreciation Instrument to the FDIC (the “Value Appreciation Instrument”) in which FCB agreed to make a cash payment to the FDIC equal to the product of (i) 5 million and (ii) the excess amount by which the average volume weighted price of one share of Class A common stock, over the two The following table provides the final purchase price allocation, including Measurement Period Adjustments, to the identifiable assets acquired and liabilities assumed at their estimated fair values as of the SVBB Acquisition Date. Fair Value Purchase Price Allocation dollars in millions Fair Value Purchase Price Allocation as of March 27, 2023 Purchase price consideration Purchase Money Note (1) $ 35,808 Value Appreciation Instrument 500 Purchase price consideration $ 36,308 Assets Cash and due from banks $ 1,310 Interest-earning deposits at banks 34,001 Investment securities available for sale 385 Loans and leases, net of the initial PCD ALLL 68,468 Affordable housing tax credit and other unconsolidated investments 1,273 Premises and equipment 308 Core deposit intangibles 230 Other assets 1,564 Total assets acquired $ 107,539 Liabilities Deposits $ 56,014 Borrowings 10 Deferred tax liabilities 3,364 Other liabilities 2,035 Total liabilities assumed $ 61,423 Fair value of net assets acquired 46,116 Gain on acquisition, after income taxes (2) (3) $ 9,808 Gain on acquisition, before income taxes (2) $ 13,172 (1) The principal amount of the Purchase Money Note is the carrying value of net assets acquired of approximately $52.52 billion less the asset discount of $16.45 billion pursuant to the SVBB Purchase Agreement. The $35.81 billion above is net of a fair value discount of approximately $264 million. (2) The difference between the gain on acquisition before and after taxes reflects the deferred tax liabilities recorded in the SVBB Acquisition. (3) The $9.81 billion gain on acquisition includes Measurement Period Adjustments, whereas the $9.89 billion gain on acquisition in the Consolidated Statements of Income for the nine months ended September 30, 2023 was preliminary as Measurement Period Adjustments were recorded after September 30, 2023. The gain on acquisition of $9.81 billion, net of income taxes of $3.36 billion, was recorded in noninterest income during the year ended December 31, 2023, and represents the excess of the fair value of net assets acquired over the purchase price. The following is a description of the methods used to determine the estimated fair values of the Purchase Money Note and significant assets acquired and liabilities assumed, as presented above. Purchase Money Note The fair value of the Purchase Money Note was estimated based on the income approach, which includes: (i) projecting cash flows over a certain discrete projection period and (ii) discounting those projected cash flows to present value at a rate of return that considers the relative risk of the cash flows and the time value of money. Cash and interest-earning deposits at banks For financial instruments with a short-term or no stated maturity, prevailing market rates and limited credit risk, carrying amounts approximated fair value. Investment securities Fair values for securities were based on quoted market prices, where available. If quoted market prices were not available, fair value estimates were based on observable inputs including quoted market prices for similar instruments, quoted market prices that were not in an active market or other inputs that were observable in the market. In the absence of observable inputs, fair value was estimated based on pricing models and/or discounted cash flow methodologies. Loans Fair values for loans were based on a discounted cash flow methodology that considered factors including the type of loan and related collateral, classification status, fixed or variable interest rate, remaining term of loan, credit quality ratings or scores, amortization status and current discount rate. Loans with similar risk characteristics were pooled together and treated in aggregate when applying various valuation techniques. The discount rates used for loans were based on an evaluation of current market rates for new originations of comparable loans and required rates of return for market participants to purchase similar assets, including adjustments for liquidity and credit quality when necessary. BancShares’ accounting methods for acquired Non-PCD and PCD loans and leases are discussed in Note 1—Significant Accounting Policies and Basis of Presentation of the Notes to the Consolidated Financial Statements in our 2023 Form 10-K. The following table presents the unpaid principal balance (“UPB”) and fair value of the loans and leases acquired by BancShares in the SVBB Acquisition as of the SVBB Acquisition Date. The fair value of Non-PCD loans and leases was $66.42 billion, compared to the UPB of $68.72 billion, resulting in a discount of $2.30 billion that is accreted into income over the contractual life of the applicable loan using the effective interest method. Loans and Leases Acquired dollars in millions Loans and Leases UPB Fair Value Non-PCD loans and leases $ 68,719 $ 66,422 PCD loans and leases 2,568 2,046 Total loans and leases, before PCD gross-up $ 71,287 $ 68,468 The following table summarizes PCD loans and leases that BancShares acquired in the SVBB Acquisition. PCD Loans and Leases dollars in millions Total PCD Loans from SVBB Acquisition UPB $ 2,568 Fair value 2,046 Total fair value discount 522 Less: discount for loans with $0 fair value at SVBB Acquisition Date 26 Less: PCD gross-up 220 Non-credit discount (1) $ 276 (1) The non-credit discount of $276 million is accreted into income over the contractual life of the applicable loan using the effective interest method. Affordable housing tax credit investments The fair values of the affordable housing tax credit investments were determined based on discounted cash flows. The cash flow projections considered tax credits and net cash flows from operating losses and tax depreciation. The discount rate was determined using observable market data points for similar investments. Premises and equipment Fair values for furniture and fixtures, computer software and other equipment were determined using the cost approach. Core deposit intangible The following table presents the core deposit intangible recorded related to the valuation of core deposits: Core Deposit Intangible dollars in millions Fair Value Estimated Useful Life Amortization Method Core deposit intangible $ 230 8 years Effective yield Certain core deposits were acquired as part of the SVBB Acquisition, which provide an additional source of funds for BancShares. The core deposit intangible represents the costs saved by BancShares by acquiring the core deposits rather than sourcing the funds elsewhere. This intangible was valued using the after tax cost savings method under the income approach. This method estimated the fair value by discounting to present value the favorable funding spread attributable to the core deposit balances over their estimated average remaining life. The valuation considered a dynamic approach to interest rates and alternative cost of funds. The favorable funding spread was calculated as the difference in the alternative cost of funds and the net deposit cost. Other assets The following table details other assets acquired: Other Assets dollars in millions Fair Value Accrued interest receivable $ 431 Federal Home Loan Bank stock and Federal Reserve Bank stock 320 Fair value of derivative financial instruments 458 Other 355 Total other assets $ 1,564 The fair values of the derivative assets in the table above and derivative liabilities in the table below were valued using prices of financial instruments with similar characteristics and observable inputs. The fair values of accrued interest receivable and the remaining other assets were determined to approximate book value. Deposits Acquired deposits were essentially all transactional deposits. Thus, we determined carrying amounts approximated fair value. Deferred tax liability The SVBB Acquisition was an asset acquisition for tax purposes and therefore considered a taxable transaction. The deferred tax liability for the SVBB Acquisition was calculated by applying FCB’s deferred tax rate to the book and tax basis differences on the SVBB Acquisition Date for acquired assets and assumed liabilities. Deferred taxes were not recorded for the affordable housing tax credit investments in accordance with the PAM. The tax treatment of FDIC-assisted acquisitions is complex and subject to interpretations that may result in future adjustments of deferred taxes. Other liabilities The following table details other liabilities assumed: dollars in millions Fair Value Commitments to fund tax credit investments $ 715 Fair value of derivative financial instruments 497 Reserve for off-balance sheet credit exposures 253 Accrued interest payable 109 Other 461 Total other liabilities $ 2,035 The fair value of the liability representing our commitment for future capital contributions to the affordable housing tax credit investments was determined based on discounted cash flows. Projected cash flows for future capital contributions were discounted at a rate that represented FCB’s cost of debt. Shared-Loss Agreement intangibles Estimates indicated there was no material value to attribute to the loss indemnification asset or true-up liability. This was primarily based on evaluation of historical loss experience and the credit quality of the portfolio. Pro Forma Information - SVBB Acquisition SVBB was only in operation from March 10 to March 27, 2023 and does not have historical financial information on which we could base pro forma information. Additionally, we did not acquire all assets or assume all liabilities of SVBB and an essential part of the SVBB Acquisition is the federal assistance governed by the SVBB Purchase Agreement and Shared-Loss Agreement, which is not reflected in the previous operations of SVBB. Therefore, it is impracticable to provide unaudited pro forma information on revenues and earnings for the SVBB Acquisition in accordance with ASC 805-10-50-2. Net interest income, noninterest income and net income of $1.34 billion, $334 million and $381 million, respectively, attributable to the SVBB Acquisition were included in BancShares’ Consolidated Statement of Income for the nine months ended September 30, 2023.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	9 Months Ended
	Sep. 30, 2024
Investments [Abstract]
INVESTMENT SECURITIES	NOTE 3 — INVESTMENT SECURITIES The following tables include the amortized cost and fair value of investment securities at September 30, 2024 and December 31, 2023. Amortized Cost and Fair Value - Investment Securities dollars in millions September 30, 2024 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 11,765 $ 78 $ (26) $ 11,817 Government agency 87 — (2) 85 Residential mortgage-backed securities 13,201 234 (419) 13,016 Commercial mortgage-backed securities 2,925 25 (172) 2,778 Corporate bonds 507 — (30) 477 Municipal bonds 17 — — 17 Total investment securities available for sale $ 28,502 $ 337 $ (649) $ 28,190 Investment in marketable equity securities $ 70 $ 18 $ (6) $ 82 Investment securities held to maturity U.S. Treasury $ 482 $ — $ (27) $ 455 Government agency 1,512 — (99) 1,413 Residential mortgage-backed securities 4,667 37 (545) 4,159 Commercial mortgage-backed securities 3,429 — (564) 2,865 Supranational securities 299 — (25) 274 Other 2 — — 2 Total investment securities held to maturity $ 10,391 $ 37 $ (1,260) $ 9,168 Total investment securities $ 38,963 $ 392 $ (1,915) $ 37,440 December 31, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 10,554 $ 34 $ (80) $ 10,508 Government agency 120 — (3) 117 Residential mortgage-backed securities 7,154 72 (540) 6,686 Commercial mortgage-backed securities 2,319 9 (197) 2,131 Corporate bonds 529 — (47) 482 Municipal bonds 12 — — 12 Total investment securities available for sale $ 20,688 $ 115 $ (867) $ 19,936 Investment in marketable equity securities $ 75 $ 17 $ (8) $ 84 Investment securities held to maturity U.S. Treasury $ 479 $ — $ (40) $ 439 Government agency 1,506 — (143) 1,363 Residential mortgage-backed securities 4,205 — (644) 3,561 Commercial mortgage-backed securities 3,489 — (614) 2,875 Supranational securities 298 — (35) 263 Other 2 — — 2 Total investment securities held to maturity $ 9,979 $ — $ (1,476) $ 8,503 Total investment securities $ 30,742 $ 132 $ (2,351) $ 28,523 U.S. Treasury investments include Treasury bills and Notes issued by the U.S. Treasury. Investments in government agency securities represent securities issued by the Small Business Administration (“SBA”), Federal Home Loan Bank (“FHLB”) and other U.S. agencies. Investments in residential and commercial mortgage-backed securities represent securities issued by the Government National Mortgage Association, Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. Investments in corporate bonds represent positions in debt securities of other financial institutions. Municipal bonds are general obligation bonds. Investments in marketable equity securities represent positions in common stock of publicly traded financial institutions. Investments in supranational securities represent securities issued by the Supranational Entities & Multilateral Development Banks. Other held to maturity investments include certificates of deposit with other financial institutions. BancShares initially held approximately 354,000 shares of Visa, Inc. (“Visa”) Class B common stock (“Visa Class B common stock”). Effective January 24, 2024, all outstanding shares of Visa Class B common stock were redenominated as Visa Class B-1 common stock (“Visa Class B-1 common stock”) pursuant to Visa’s eighth amended and restated certificate of incorporation. BancShares currently holds approximately 354,000 shares of Visa Class B-1 common stock. Until the resolution of certain litigation, at which time the Visa Class B-1 common stock will convert to publicly traded Visa Class A common stock, or the potential exchange of Visa Class B-1 common stock for other marketable classes of Visa common stock, these shares are only transferable to other stockholders of Visa Class B-1 common stock or certain new denominations of Visa’s former Class B common stock. As a result, there is limited transfer activity in private transactions between buyers and sellers. Given this limited trading activity and the continuing uncertainty regarding the likelihood, ultimate timing and eventual exchange of Visa Class B-1 common stock for shares of Visa Class A common stock or other marketable classes of Visa common stock, these shares are not considered to have a readily determinable fair value and have no carrying value. BancShares continues to monitor the trading activity in Visa Class B-1 common stock, the status of the resolution of certain litigation matters at Visa, and other potential exchange alternatives that would trigger the conversion of the Visa Class B-1 common stock into Visa Class A common stock or other marketable classes of Visa common stock. Accrued interest receivable for available for sale and held to maturity debt securities was excluded from the estimate for credit losses. At September 30, 2024, accrued interest receivable for available for sale and held to maturity debt securities was $145 million and $19 million, respectively. At December 31, 2023, accrued interest receivable for available for sale and held to maturity debt securities was $87 million and $18 million, respectively. During the three and nine months ended September 30, 2024 and 2023, there was no accrued interest that was deemed uncollectible and written off against interest income. A security is considered past due once it is 30 days contractually past due under the terms of the agreement. There were no securities past due as of September 30, 2024 or December 31, 2023. The following table provides the amortized cost and fair value by contractual maturity. Expected maturities will differ from contractual maturities on certain securities because borrowers and issuers may have the right to call or prepay obligations with or without prepayment penalties. Residential and commercial mortgage-backed and government agency securities are stated separately as they are not due at a single maturity date. Maturities - Debt Securities dollars in millions September 30, 2024 December 31, 2023 Amortized Cost Fair Value Amortized Cost Fair Value Investment securities available for sale Non-amortizing securities maturing in: One year or less $ 6,014 $ 6,013 $ 5,674 $ 5,658 After one through five years 5,880 5,925 4,996 4,959 After five through 10 years 373 352 408 369 After 10 years 22 21 17 16 Government agency 87 85 120 117 Residential mortgage-backed securities 13,201 13,016 7,154 6,686 Commercial mortgage-backed securities 2,925 2,778 2,319 2,131 Total investment securities available for sale $ 28,502 $ 28,190 $ 20,688 $ 19,936 Investment securities held to maturity Non-amortizing securities maturing in: One year or less $ 186 $ 182 $ 27 $ 26 After one through five years 1,564 1,477 1,636 1,508 After five through 10 years 545 485 622 533 Residential mortgage-backed securities 4,667 4,159 4,205 3,561 Commercial mortgage-backed securities 3,429 2,865 3,489 2,875 Total investment securities held to maturity $ 10,391 $ 9,168 $ 9,979 $ 8,503 T he following table presents interest and dividend income on investment securities: Interest and Dividends on Investment Securities dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Interest income - taxable investment securities $ 357 $ 178 $ 967 $ 402 Interest income - nontaxable investment securities — 2 1 4 Dividend income - marketable equity securities 1 — 2 1 Interest on investment securities $ 358 $ 180 $ 970 $ 407 Fair value adjustment on marketable equity securities and realized gains and losses on sales of investment securities, net are presented on the Consolidated Statements of Income. The realized gain on sale of marketable equity securities was $4 million for the three and nine months ended September 30, 2024 and $0 million for the respective 2023 periods. The following table presents the gross realized losses on the sales of investment securities available for sale. Realized Losses on Debt Securities Available For Sale dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Gross realized gains on sales of investment securities available for sale $ — $ — $ — $ — Gross realized losses on sales of investment securities available for sale — (12) — (26) Net realized losses on sales of investment securities available for sale $ — $ (12) $ — $ (26) The following table provides information regarding investment securities available for sale with unrealized losses: Gross Unrealized Losses on Debt Securities Available For Sale dollars in millions September 30, 2024 Less than 12 months 12 months or more Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Investment securities available for sale U.S. Treasury $ 304 $ — $ 1,370 $ (26) $ 1,674 $ (26) Government agency — — 85 (2) 85 (2) Residential mortgage-backed securities 260 (1) 3,816 (418) 4,076 (419) Commercial mortgage-backed securities 91 (1) 1,314 (171) 1,405 (172) Corporate bonds 4 — 456 (30) 460 (30) Total $ 659 $ (2) $ 7,041 $ (647) $ 7,700 $ (649) December 31, 2023 Less than 12 months 12 months or more Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Investment securities available for sale U.S. Treasury $ 955 $ — $ 1,919 $ (80) $ 2,874 $ (80) Government agency 23 — 94 (3) 117 (3) Residential mortgage-backed securities 293 (3) 4,073 (537) 4,366 (540) Commercial mortgage-backed securities 157 (1) 1,386 (196) 1,543 (197) Corporate bonds 89 (9) 393 (38) 482 (47) Total $ 1,517 $ (13) $ 7,865 $ (854) $ 9,382 $ (867) As of September 30, 2024, there were 495 investment securities available for sale with continuous unrealized losses for more than 12 months, of which 424 were government sponsored enterprise-issued mortgage-backed securities, government agency securities, or U.S. treasury securities and the remaining 71 were corporate bonds. BancShares has the ability and intent to retain these securities for a period of time sufficient to recover all unrealized losses. Given the consistently strong credit rating of the U.S. Treasury, and the long history of no credit losses on debt securities issued by government agencies and government sponsored entities, as of September 30, 2024, no allowance for credit loss was required. For corporate bonds, we analyzed the changes in interest rates relative to when the investment securities were purchased or acquired, and considered other factors including changes in credit ratings, delinquencies, and other macroeconomic factors. As a result of this analysis, we determined that no allowance for credit loss was required for investment securities available for sale as of September 30, 2024. BancShares’ portfolio of held to maturity debt securities consists of mortgage-backed securities issued by government agencies and government sponsored entities, U.S. Treasury notes, unsecured bonds issued by government agencies and government sponsored entities, and securities issued by the Supranational Entities & Multilateral Development Banks. Given the consistently strong credit rating of the U.S. Treasury, the Supranational Entities & Multilateral Development Banks and the long history of no credit losses on debt securities issued by government agencies and government sponsored entities, no allowance for credit loss was required for debt securities held to maturity as of September 30, 2024. There were no debt securities on nonaccrual status as of September 30, 2024 or December 31, 2023. Investment securities having an aggregate carrying value of $3.82 billion at September 30, 2024, and $3.77 billion at December 31, 2023, were pledged as collateral to secure public funds on deposit and certain short-term borrowings, and for other purposes as required by law.

LOANS AND LEASES

LOANS AND LEASES	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
LOANS AND LEASES	NOTE 4 — LOANS AND LEASES Unless otherwise noted, loans held for sale are not included in the following tables. Leases in the following tables include finance leases, but exclude operating lease equipment. Loans by Class dollars in millions September 30, 2024 December 31, 2023 Commercial Commercial construction $ 4,924 $ 3,918 Owner occupied commercial mortgage 16,372 15,471 Non-owner occupied commercial mortgage 16,078 14,995 Commercial and industrial 30,867 29,794 Leases 2,020 2,054 Total commercial 70,261 66,232 Consumer Residential mortgage 23,237 22,776 Revolving mortgage 2,455 2,165 Consumer auto 1,543 1,442 Consumer other 1,347 1,176 Total consumer 28,582 27,559 SVB Global fund banking 27,114 25,553 Investor dependent - early stage 1,128 1,403 Investor dependent - growth stage 2,434 2,897 Innovation C&I and cash flow dependent 9,176 9,658 Total SVB 39,852 39,511 Total loans and leases $ 138,695 $ 133,302 Refer to Note 1—Significant Accounting Policies and Basis of Presentation for discussion of the changes in loan classes. At September 30, 2024 and December 31, 2023, accrued interest receivable on loans included in other assets was $615 million and $625 million, respectively, and was excluded from the estimate of credit losses. The discount on acquired loans is accreted to interest income over the contractual life of the loan using the effective interest method. Discount accretion income, which primarily related to the SVBB Acquisition, was $107 million and $415 million for the three and nine months ended September 30, 2024, including $16 million and $71 million for unfunded commitments, respectively. Discount accretion income, which primarily related to the SVBB Acquisition, was $275 million and $535 million for the three and nine months ended September 30, 2023, including $69 million and $88 million for unfunded commitments, respectively. 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 September 30, 2024 December 31, 2023 Deferred fees, including unamortized costs and unearned fees on non-PCD loans $ (86) $ (72) Net unamortized discount on acquired loans Non-PCD $ 1,577 $ 1,860 PCD 111 176 Total net unamortized discount $ 1,688 $ 2,036 The aging of the outstanding loans and leases by class at September 30, 2024 and December 31, 2023 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 September 30, 2024 30-59 Days 60-89 Days 90 Days or Total Current Total Commercial Commercial construction $ 42 $ 12 $ 3 $ 57 $ 4,867 $ 4,924 Owner occupied commercial mortgage 37 29 27 93 16,279 16,372 Non-owner occupied commercial mortgage 8 22 379 409 15,669 16,078 Commercial and industrial 126 46 83 255 30,612 30,867 Leases 31 15 10 56 1,964 2,020 Total commercial 244 124 502 870 69,391 70,261 Consumer Residential mortgage 132 33 100 265 22,972 23,237 Revolving mortgage 18 6 11 35 2,420 2,455 Consumer auto 11 3 3 17 1,526 1,543 Consumer other 6 3 4 13 1,334 1,347 Total consumer 167 45 118 330 28,252 28,582 SVB Global fund banking — — — — 27,114 27,114 Investor dependent - early stage 2 3 2 7 1,121 1,128 Investor dependent - growth stage — 3 6 9 2,425 2,434 Innovation C&I and cash flow dependent 14 3 2 19 9,157 9,176 Total SVB 16 9 10 35 39,817 39,852 Total loans and leases $ 427 $ 178 $ 630 $ 1,235 $ 137,460 $ 138,695 December 31, 2023 30-59 Days 60-89 Days 90 Days or Total Current Total Commercial Commercial construction $ 43 $ 8 $ 2 $ 53 $ 3,865 $ 3,918 Owner occupied commercial mortgage 21 10 47 78 15,393 15,471 Non-owner occupied commercial mortgage 100 188 283 571 14,424 14,995 Commercial and industrial 177 49 116 342 29,452 29,794 Leases 55 15 21 91 1,963 2,054 Total commercial 396 270 469 1,135 65,097 66,232 Consumer Residential mortgage 136 33 73 242 22,534 22,776 Revolving mortgage 15 3 11 29 2,136 2,165 Consumer auto 9 3 2 14 1,428 1,442 Consumer other 8 3 4 15 1,161 1,176 Total consumer 168 42 90 300 27,259 27,559 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 Total SVB 42 17 56 115 39,396 39,511 Total loans and leases $ 606 $ 329 $ 615 $ 1,550 $ 131,752 $ 133,302 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 September 30, 2024 and December 31, 2023 are presented below. Loans on Nonaccrual Status (1) (2) dollars in millions September 30, 2024 December 31, 2023 Nonaccrual Loans Loans > Nonaccrual Loans Loans > Commercial Commercial construction $ 4 $ 3 $ 2 $ 1 Owner occupied commercial mortgage 76 7 60 8 Non-owner occupied commercial mortgage 469 86 411 39 Commercial and industrial 288 24 194 59 Leases 31 1 31 7 Total commercial 868 121 698 114 Consumer Residential mortgage 138 7 127 4 Revolving mortgage 22 — 21 — Consumer auto 7 — 5 — Consumer other 2 3 1 3 Total consumer 169 10 154 7 SVB Global fund banking — — — — Investor dependent - early stage 56 — 37 2 Investor dependent - growth stage 35 — 37 — Innovation C&I and cash flow dependent 116 — 43 — Total SVB 207 — 117 2 Total loans and leases $ 1,244 $ 131 $ 969 $ 123 (1) Accrued interest that was reversed when the loan went to nonaccrual status was $11 million for the nine months ended September 30, 2024 and $10 million for the year ended December 31, 2023. (2) Nonaccrual loans for which there was no related ALLL totaled $303 million at September 30, 2024 and $138 million at December 31, 2023. Other real estate owned (“OREO”) and repossessed assets were $62 million as of September 30, 2024 and December 31, 2023. Credit Quality Indicators Loans and leases are monitored for credit quality on a recurring basis. Commercial loans and leases and consumer loans have different credit quality indicators as a result of the unique characteristics of the loan classes being evaluated. The credit quality indicators for commercial loans and leases are developed through a review of individual borrowers on an ongoing basis. Commercial loans are evaluated periodically with more frequent evaluations done on criticized loans. The indicators as of the date presented are based on the most recent assessment performed and are defined below: Pass – A pass rated asset is not adversely classified because it does not display any of the characteristics for adverse classification. Special mention – A special mention asset has potential weaknesses which deserve management’s close attention. If left uncorrected, such potential weaknesses may result in deterioration of the repayment prospects or collateral position at some future date. Special mention assets are not adversely classified and do not warrant adverse classification. Substandard – A substandard asset is inadequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged, if any. Assets classified as substandard generally have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. These assets are characterized by the distinct possibility of loss if the deficiencies are not corrected. Doubtful – An asset classified as doubtful has all the weaknesses inherent in an asset classified substandard with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable on the basis of currently existing facts, conditions and values. Loss – Assets classified as loss are considered uncollectible and of such little value it is inappropriate to be carried as an asset. This classification is not necessarily equivalent to any potential for recovery or salvage value, but rather it is not appropriate to defer a full charge-off even though partial recovery may be affected in the future. Ungraded – Ungraded loans represent loans not included in the individual credit grading process due to their relatively small balances or borrower type. The majority of ungraded loans at September 30, 2024 and December 31, 2023, relate to business credit cards. Business credit card loans are subject to automatic charge-off when they become 120 days past due in the same manner as unsecured consumer lines of credit. The credit quality indicator for consumer loans is based on delinquency status of the borrower as of the date presented. As the borrower becomes more delinquent, the likelihood of loss increases. An exemption is applied to government guaranteed loans as the principal repayments are insured by the Federal Housing Administration and U.S. Department of Veterans Affairs and thus remain on accrual status regardless of delinquency status. 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 September 30, 2024 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2024 2023 2022 2021 2020 2019 & Prior Revolving Total Commercial construction Pass $ 817 $ 1,746 $ 1,348 $ 369 $ 165 $ 75 $ 125 $ — $ 4,645 Special Mention — 27 68 31 7 23 — — 156 Substandard — 6 68 9 7 29 — — 119 Doubtful — — — 4 — — — — 4 Ungraded — — — — — — — — — Total commercial construction 817 1,779 1,484 413 179 127 125 — 4,924 Owner occupied commercial mortgage Pass 1,952 2,443 2,832 2,686 2,245 3,191 195 29 15,573 Special Mention 11 39 28 57 34 94 9 — 272 Substandard 13 33 117 53 60 236 10 1 523 Doubtful — — — — — 4 — — 4 Ungraded — — — — — — — — — Total owner occupied commercial mortgage 1,976 2,515 2,977 2,796 2,339 3,525 214 30 16,372 Non-owner occupied commercial mortgage Pass 2,074 3,106 2,798 2,130 1,721 2,450 110 3 14,392 Special Mention — 37 332 57 4 118 — — 548 Substandard 2 1 123 23 137 729 1 — 1,016 Doubtful — — — — 17 105 — — 122 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 2,076 3,144 3,253 2,210 1,879 3,402 111 3 16,078 Commercial and industrial Pass 7,831 5,341 3,868 2,221 1,250 1,584 6,326 58 28,479 Special Mention 87 49 206 231 8 71 99 — 751 Substandard 105 114 231 133 173 247 373 3 1,379 Doubtful 2 25 40 11 2 23 13 — 116 Ungraded — — — — — — 142 — 142 Total commercial and industrial 8,025 5,529 4,345 2,596 1,433 1,925 6,953 61 30,867 Leases Pass 571 558 347 179 112 59 — — 1,826 Special Mention 8 16 31 12 9 — — — 76 Substandard 16 31 24 14 14 9 — — 108 Doubtful 1 3 3 2 1 — — — 10 Ungraded — — — — — — — — — Total leases 596 608 405 207 136 68 — — 2,020 Total commercial $ 13,490 $ 13,575 $ 12,464 $ 8,222 $ 5,966 $ 9,047 $ 7,403 $ 94 $ 70,261 SVB - Risk Classifications by Class September 30, 2024 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2024 2023 2022 2021 2020 2019 & Prior Revolving Total Global fund banking Pass $ 854 $ 220 $ 162 $ 23 $ 16 $ 14 $ 25,792 $ 17 $ 27,098 Special Mention — — — — — — — — — Substandard — — 5 8 2 — 1 — 16 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total global fund banking 854 220 167 31 18 14 25,793 17 27,114 Investor dependent - early stage Pass 242 321 157 18 — — 96 3 837 Special Mention 3 17 1 1 — — — — 22 Substandard 9 69 78 17 — — 44 — 217 Doubtful 19 15 16 — — — 2 — 52 Ungraded — — — — — — — — — Total investor dependent - early stage 273 422 252 36 — — 142 3 1,128 Investor dependent - growth stage Pass 744 681 415 52 — — 202 4 2,098 Special Mention 5 15 9 1 — — 26 — 56 Substandard 26 53 129 17 1 — 18 — 244 Doubtful 8 4 13 9 — — 2 — 36 Ungraded — — — — — — — — — Total investor dependent - growth stage 783 753 566 79 1 — 248 4 2,434 Innovation C&I and cash flow dependent Pass 1,523 1,781 1,476 465 204 25 2,009 — 7,483 Special Mention 108 169 123 55 4 17 91 — 567 Substandard 112 182 254 157 67 — 242 — 1,014 Doubtful — — 7 — — — 105 — 112 Ungraded — — — — — — — — — Total innovation C&I and cash flow dependent 1,743 2,132 1,860 677 275 42 2,447 — 9,176 Total SVB $ 3,653 $ 3,527 $ 2,845 $ 823 $ 294 $ 56 $ 28,630 $ 24 $ 39,852 Consumer Loans - Delinquency Status by Class September 30, 2024 Days Past Due: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2024 2023 2022 2021 2020 2019 & Prior Revolving Total Residential mortgage Current $ 1,783 $ 3,046 $ 5,352 $ 5,244 $ 2,988 $ 4,555 $ 4 $ — $ 22,972 30-59 days 2 9 15 10 14 82 — — 132 60-89 days — — 2 3 4 24 — — 33 90 days or greater — 3 7 10 10 70 — — 100 Total residential mortgage 1,785 3,058 5,376 5,267 3,016 4,731 4 — 23,237 Revolving mortgage Current — — — — — — 2,320 100 2,420 30-59 days — — — — — — 13 5 18 60-89 days — — — — — — 1 5 6 90 days or greater — — — — — — 3 8 11 Total revolving mortgage — — — — — — 2,337 118 2,455 Consumer auto Current 516 400 311 180 82 37 — — 1,526 30-59 days 1 3 3 2 1 1 — — 11 60-89 days — 2 1 — — — — — 3 90 days or greater — 1 1 1 — — — — 3 Total consumer auto 517 406 316 183 83 38 — — 1,543 Consumer other Current 127 172 108 35 6 20 866 — 1,334 30-59 days 1 — — — — 1 4 — 6 60-89 days — 1 — — — — 2 — 3 90 days or greater — — — — — 2 2 — 4 Total consumer other 128 173 108 35 6 23 874 — 1,347 Total consumer $ 2,430 $ 3,637 $ 5,800 $ 5,485 $ 3,105 $ 4,792 $ 3,215 $ 118 $ 28,582 The following tables represent current credit quality indicators by origination year as of December 31, 2023: 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 $ 1,062 $ 1,615 $ 620 $ 226 $ 63 $ 57 $ 39 $ 4 $ 3,686 Special Mention — 10 6 81 47 — — — 144 Substandard — 47 5 31 — 5 — — 88 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total commercial construction 1,062 1,672 631 338 110 62 39 4 3,918 Owner occupied commercial mortgage Pass 2,544 2,859 2,902 2,467 1,666 2,107 193 31 14,769 Special Mention 26 19 24 28 43 72 1 — 213 Substandard 7 91 99 61 45 176 10 — 489 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total owner occupied commercial mortgage 2,577 2,969 3,025 2,556 1,754 2,355 204 31 15,471 Non-owner occupied commercial mortgage Pass 3,132 3,150 2,212 1,860 1,148 1,930 80 3 13,515 Special Mention 14 45 33 96 171 90 9 — 458 Substandard 2 48 27 127 365 330 — — 899 Doubtful — — 2 13 67 39 2 — 123 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 3,148 3,243 2,274 2,096 1,751 2,389 91 3 14,995 Commercial and industrial Pass 8,472 4,858 3,347 1,660 952 1,351 6,818 34 27,492 Special Mention 105 134 149 89 69 26 194 — 766 Substandard 92 236 144 217 127 258 264 4 1,342 Doubtful 2 19 5 — 12 20 13 — 71 Ungraded — — — — — — 123 — 123 Total commercial and industrial 8,671 5,247 3,645 1,966 1,160 1,655 7,412 38 29,794 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 $ 16,239 $ 13,688 $ 9,909 $ 7,192 $ 4,877 $ 6,505 $ 7,746 $ 76 $ 66,232 SVB - Risk Classifications by Class December 31, 2023 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans 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 Total SVB $ 4,560 $ 4,548 $ 1,632 $ 513 $ 129 $ 60 $ 27,996 $ 73 $ 39,511 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 $ 3,155 $ 5,588 $ 5,521 $ 3,174 $ 1,381 $ 3,702 $ 13 $ — $ 22,534 30-59 days 3 16 15 7 10 85 — — 136 60-89 days 1 1 5 4 1 21 — — 33 90 days or greater 1 4 2 6 1 59 — — 73 Total residential mortgage 3,160 5,609 5,543 3,191 1,393 3,867 13 — 22,776 Revolving mortgage Current — — — — — — 2,056 80 2,136 30-59 days — — — — — — 11 4 15 60-89 days — — — — — — 1 2 3 90 days or greater — — — — — — 6 5 11 Total revolving mortgage — — — — — — 2,074 91 2,165 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 215 170 52 8 5 21 690 — 1,161 30-59 days 1 1 — — — — 6 — 8 60-89 days — — — — — 1 2 — 3 90 days or greater — — — — — 2 2 — 4 Total consumer other 216 171 52 8 5 24 700 — 1,176 Total consumer $ 3,903 $ 6,212 $ 5,860 $ 3,331 $ 1,455 $ 3,920 $ 2,787 $ 91 $ 27,559 Gross Charge-offs Gross charge-off vintage disclosures by origination year and loan class are summarized in the following tables: Nine Months Ended September 30, 2024 Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2024 2023 2022 2021 2020 2019 & Prior Revolving Total Commercial Owner occupied commercial mortgage $ — $ — $ — $ — $ — $ 8 $ — $ — $ 8 Non-owner occupied commercial mortgage — — — — 19 70 — — 89 Commercial and industrial 8 33 65 15 4 9 38 1 173 Leases 1 4 4 4 2 2 — — 17 Total commercial 9 37 69 19 25 89 38 1 287 Consumer Residential mortgage — — — — — 1 — — 1 Consumer auto — 2 1 1 — — — — 4 Consumer other — 1 1 1 — 1 12 — 16 Total consumer — 3 2 2 — 2 12 — 21 SVB Investor dependent - early stage — 28 40 18 2 — 6 — 94 Investor dependent - growth stage — 9 23 9 1 4 1 — 47 Innovation C&I and cash flow dependent — 2 — — — 1 12 — 15 Total SVB — 39 63 27 3 5 19 — 156 Total loans and leases $ 9 $ 79 $ 134 $ 48 $ 28 $ 96 $ 69 $ 1 $ 464 Nine Months Ended September 30, 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 — — — — 48 12 — — 60 Commercial and industrial 5 53 22 7 4 11 26 1 129 Leases 1 7 4 3 1 1 — — 17 Total commercial 6 60 26 10 53 24 27 1 207 Consumer Residential mortgage — — — — — 2 — — 2 Consumer auto — 1 1 1 — — — — 3 Consumer other 5 1 1 — — — 9 — 16 Total consumer 5 2 2 1 — 2 9 — 21 SVB Investor dependent - early stage 1 17 18 3 — — 10 — 49 Investor dependent - growth stage 24 40 17 13 — — 1 — 95 Innovation C&I and cash flow dependent 7 — — 40 — — 18 — 65 Total SVB 32 57 35 56 — — 29 — 209 Total loans and leases $ 43 $ 119 $ 63 $ 67 $ 53 $ 26 $ 65 $ 1 $ 437 Loan Modifications for Borrowers Experiencing Financial Difficulties As part of BancShares’ ongoing credit risk management practices, BancShares attempts to work with borrowers when necessary to extend or modify loan terms to better align with the borrowers’ current ability to repay. BancShares’ modifications granted to debtors experiencing financial difficulties typically take the form of term extensions, interest rate reductions, payment delays, principal forgiveness, or a combination thereof. Modifications are made in accordance with internal policies and guidelines to conform to regulatory guidance. The following tables present the amortized cost of loan modifications made to debtors experiencing financial difficulty, disaggregated by class and type of loan modification. The tables also provide financial effects by type of such loan modifications for the respective loan class. Amortized Cost of Loans Modified during the three months ended September 30, 2024 dollars in millions Term Extension (1) Payment Delay Interest Rate Reduction Term Extension (1) and Interest Rate Reduction Term Extension (1) and Payment Delay Total Percent of Total Loan Class Commercial Owner occupied commercial mortgage $ 15 $ 1 $ — 8 $ — $ 24 0.15 % Non-owner occupied commercial mortgage 30 6 — — — 36 0.22 Commercial and industrial 100 — — 3 1 104 0.34 Total commercial 145 7 — 11 1 164 0.23 Consumer Residential mortgage 1 — — 1 — 2 0.01 Revolving mortgage 1 — — — — 1 0.05 Total consumer 2 — — 1 — 3 0.01 SVB Investor dependent - early stage — 15 — — 2 17 1.54 Investor dependent - growth stage 6 19 — — 6 31 1.29 Innovation C&I and cash flow dependent 40 — — — — 40 0.43 Total SVB 46 34 — — 8 88 0.22 Total loans and leases $ 193 $ 41 $ — $ 12 $ 9 $ 255 0.18 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. Amortized Cost of Loans Modified during the three months ended September 30, 2023 dollars in millions Term Extension (1) Payment Delay Interest Rate Reduction Term Extension (1) and Interest Rate Reduction Other Combinations Total Percent of Total Loan Class Commercial Commercial construction $ 13 $ — $ — $ — $ — $ 13 0.34 % Owner occupied commercial mortgage 1 — — — — 1 0.01 Non-owner occupied commercial mortgage 155 — — — — 155 1.09 Commercial and industrial 44 13 — 3 — 60 0.21 Total commercial 213 13 — 3 — 229 0.36 Consumer Residential mortgage 3 — — — — 3 0.01 Total consumer 3 — — — — 3 0.01 SVB Investor dependent - early stage 2 12 — 6 — 20 1.17 Investor dependent - growth stage 9 14 — — — 23 0.58 Innovation C&I and cash flow dependent 20 — — — — 20 0.23 Total SVB 31 26 — 6 — 63 0.15 Total loans and leases $ 247 $ 39 $ — $ 9 $ — $ 295 0.22 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. Financial Effects of Loan Modifications made during the three months ended September 30, 2024 dollars in millions Weighted Average Term Extension (in Months) Weighted Average Interest Rate Reduction Weighted Average Payment Delay (in Months) Amount of Principal Forgiven Commercial Commercial construction 36 0.60 % — $ — Owner occupied commercial mortgage 17 1.82 6 — Non-owner occupied commercial mortgage 7 — 6 — Commercial and industrial 17 2.61 6 — Leases 11 — — — Total commercial 15 2.03 6 — Consumer Residential mortgage 47 2.07 11 — Revolving mortgage 60 5.42 — — Consumer auto 31 — — — Consumer other 60 10.54 — — Total consumer 52 3.29 11 — SVB Investor dependent - early stage 6 — 7 — Investor dependent - growth stage 9 — 6 — Innovation C&I and cash flow dependent 12 — — — Total SVB 11 — 6 — Total loans and leases 14 2.19 % 6 $ — Financial Effects of Loan Modifications made during the three months ended September 30, 2023 dollars in millions Weighted Average Term Extension (in Months) Weighted Average Interest Rate Reduction Weighted Average Payment Delay (in Months) Amount of Principal Forgiven Commercial Commercial construction 3 — % — $ — Owner occupied commercial mortgage 19 4.25 — — Non-owner occupied commercial mortgage 6 — — — Commercial and industrial 14 2.11 7 — Total commercial 8 2.12 7 — Consumer Residential mortgage 91 5.25 — — Revolving mortgage 58 3.40 — — Consumer other 36 7.63 — — Total consumer 88 4.41 — — SVB Investor dependent - early stage 10 1.00 5 — Investor dependent - growth stage 11 — 5 — Innovation C&I and cash flow dependent 4 — — — Total SVB 7 1.00 5 — Total loans and leases 9 1.49 % 6 $ — Amortized Cost of Loans Modified during the nine months ended September 30, 2024 dollars in millions Term Extension (1) Payment Delay Interest Rate Reduction Term Extension (1) and Interest Rate Reduction Term Extension (1) and Payment Delay Other Combinations (2) Total Percent of Total Loan Class Commercial Commercial construction $ 3 $ — $ — $ — $ — $ — $ 3 0.06 % Owner occupied commercial mortgage 36 1 4 9 9 — 59 0.36 Non-owner occupied commercial mortgage 108 6 — — 26 — 140 0.88 Commercial and industrial 133 24 31 12 1 — 201 0.65 Total commercial 280 31 35 21 36 — 403 0.57 Consumer Residential mortgage 7 — — 1 — — 8 0.04 Revolving mortgage 4 — — 1 — — 5 0.20 Total consumer 11 — — 2 — — 13 0.05 SVB Investor dependent - early stage — 23 — — 17 1 41 3.55 Investor dependent - growth stage 7 55 — — 16 — 78 3.22 Innovation C&I and cash flow dependent 58 67 — — — — 125 1.36 Total SVB 65 145 — — 33 1 244 0.61 Total loans and leases $ 356 $ 176 $ 35 $ 23 $ 69 $ 1 $ 660 0.48 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. (2) Consists of $1 million of Investor dependent - early stage loans modified with a term extension, interest rate reduction, and payment delay. Amortized Cost of Loans Modified during the nine months ended September 30, 2023 dollars in millions Term Extension (1) Payment Delay Interest Rate Reduction Term Extension (1) and Interest Rate Reduction Term Extension (1) and Payment Delay Other Combinations Total Percent of Total Loan Class Commercial Commercial construction $ 14 $ — $ — $ — $ — $ — $ 14 0.35 % Owner occupied commercial mortgage 23 — 2 — — — 25 0.15 Non-owner occupied commercial mortgage 327 — — — — — 327 2.29 Commercial and industrial 106 28 — 3 — — 137 0.48 Total commercial 470 28 2 3 — — 503 0.78 Consumer Residential mortgage 5 — — 3 — — 8 0.04 Total consumer 5 — — 3 — — 8 0.03 SVB Investor dependent - early stage 3 18 — 6 — — 27 1.59 Investor dependent - growth stage 9 14 — — — — 23 0.58 Innovation C&I and cash flow dependent 79 — — — — — 79 0.90 Total SVB 91 32 — 6 — — 129 0.31 Total loans and leases $ 566 $ 60 $ 2 $ 12 $ — $ — $ 640 0.48 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. Financial Effects of Loan Modifications made during the nine months ended September 30, 2024 dollars in millions Weighted Average Term Extension (in Months) Weighted Average Interest Rate Reduction Weighted Average Payment Delay (in Months) Amount of Principal Forgiven Commercial Commercial construction 15 0.60 % — $ — Owner occupied commercial mortgage 28 1.67 18 — Non-owner occupied commercial mortgage 20 — 40 — Commercial and industrial 16 0.71 11 — Leases 11 — 6 — Total commercial 20 0.93 26 — Consumer Residential mortgage 70 2.09 11 — Revolving mortgage 60 4.73 — — Consumer auto 29 0.26 — — Consumer other 57 9.65 — — Total consumer 66 3.41 11 — SVB Investor dependent - early stage 9 2.75 8 — Investor dependent - growth stage 12 — 8 — Innovation C&I and cash flow dependent 12 — 12 — Total SVB 11 2.75 9 — Total loans and leases 19 1.07 % 14 $ — Financial Effects of Loan Modifications made during the nine months ended September 30, 2023 dollars in millions Weighted Average Term Extension (in Months) Weighted Average Interest Rate Reduction Weighted Average Payment Delay (in Months) Amount of Principal Forgiven Commercial Commercial construction 4 — % — $ — Owner occupied commercial mortgage 14 3.53 — — Non-owner occupied commercial mortgage 11 — — — Commercial and industrial 19 2.25 6 — Total commercial 13 2.66 6 — Consumer Residential mortgage 76 3.52 — — Revolving mortgage 57 2.44 — — Consumer auto 25 0.70 — — Consumer other 54 8.47 — — Total consumer 74 3.56 — — SVB Investor dependent - early stage 9 1.00 5 — Investor dependent - growth stage 11 — 5 — Innovation C&I and cash flow dependent 4 — — — Total SVB 5 1.00 5 — Total loans and leases 13 2.21 % 6 $ — Borrowers experiencing financial difficulties are typically identified in our credit risk management process before loan modifications occur. An assessment of whether a borrower is experiencing financial difficulty is reassessed or performed on the date of a modification. Since the effect of most modifications made to borrowers experiencing financial difficulty is already included in the ALLL because of the measurement methodologies used to estimate the ALLL, a change to the ALLL is generally not recorded upon modification. Upon BancShares’ determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is charged off. At September 30, 2024, there were $39 million of loans modified in the twelve months ended September 30, 2024, which defaulted subsequent to modification. The following tables present the amortized cost and performance of loans to borrowers experiencing financial difficulties for which the terms of the loan were modified during the referenced periods. The period of delinquency is based on the number of days the scheduled payment is contractually past due. Modified Loans Payment Status (twelve months ended September 30, 2024) dollars in millions Current 30–59 Days Past Due 60–89 Days Past Due 90 Days or Greater Past Due Total Commercial Commercial construction $ 3 $ — $ — $ — $ 3 Owner occupied commercial mortgage 50 — 9 2 61 Non-owner occupied commercial mortgage 156 1 — 16 173 Commercial and industrial 201 1 — 2 204 Total commercial 410 2 9 20 441 Consumer Residential mortgage 9 1 2 4 16 Revolving mortgage 6 — — — 6 Total consumer 15 1 2 4 22 SVB Investor dependent - early stage 40 — — 1 41 Investor dependent - growth stage 87 — — — 87 Innovation C&I and cash flow dependent 145 — — — 145 Total SVB 272 — — 1 273 Total loans and leases $ 697 $ 3 $ 11 $ 25 $ 736 Modified Loans Payment Status (nine months ended September 30, 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 $ 14 $ — $ — $ — $ 14 Owner occupied commercial mortgage 25 — — — 25 Non-owner occupied commercial mortgage 290 — — 37 327 Commercial and industrial 137 — — — 137 Total commercial 466 — — 37 503 Consumer Residential mortgage 7 1 — — 8 Total consumer 7 1 — — 8 SVB Investor dependent - early stage 24 — 3 — 27 Investor dependent - growth stage 20 — 3 — 23 Innovation C&I and cash flow dependent 63 16 — — 79 Total SVB 107 16 6 — 129 Total loans and leases $ 580 $ 17 $ 6 $ 37 $ 640 At September 30, 2024, there were $44 million of commitments to lend additional funds to debtors experiencing financial difficulty for which the terms of the loan were modified during the nine months ended September 30, 2024. At December 31, 2023, there were $13 million of commitments to lend additional funds to debtors experiencing financial difficulty for which the terms of the loan were modified during the year ended December 31, 2023 . Loans Pledged The following table provides information regarding loans pledged as collateral for borrowing capacity through the FHLB of Atlanta, the Board of Governors of the Federal Reserve System (“FRB”) and FDIC. Loans Pledged dollars in millions September 30, 2024 December 31, 2023 FHLB of Atlanta Lendable collateral value of pledged non-PCD loans $ 17,245 $ 15,072 Less: advances — — Less: letters of credit 1,450 1,450 Available borrowing capacity $ 15,795 $ 13,622 Pledged non-PCD loans (contractual balance) $ 30,106 $ 25,370 FRB Lendable collateral value of pledged non-PCD loans $ 5,621 $ 5,115 Less: advances — — Available borrowing capacity $ 5,621 $ 5,115 Pledged non-PCD loans (contractual balance) $ 6,689 $ 6,273 FDIC Lendable collateral value of pledged loans $ 44,117 $ 51,179 Less: advances — — Less: Purchase Money Note 35,991 36,072 Available borrowing capacity $ 8,126 $ 15,107 Pledged loans (contractual balance) $ 44,117 $ 51,179 As a member of the FHLB, FCB can access financing based on an evaluation of its creditworthiness, statement of financial posi

ALLOWANCE FOR LOAN AND LEASE LO

ALLOWANCE FOR LOAN AND LEASE LOSSES	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
ALLOWANCE FOR LOAN AND LEASE LOSSES	NOTE 5 — ALLOWANCE FOR LOAN AND LEASE LOSSES The ALLL is reported as a separate line item on the Consolidated Balance Sheets, while the reserve for off-balance sheet credit exposure is included in other liabilities, presented in Note 13—Other Liabilities. The provision or benefit for credit losses related to (i) loans and leases (ii) off-balance sheet credit exposure, and (iii) investment securities available for sale is reported in the Consolidated Statements of Income as provision or benefit for credit losses. SVBB Acquisition The initial ALLL for PCD loans and leases acquired in the SVBB Acquisition (the “Initial PCD ALLL”) was established through a PCD gross-up and there was no corresponding increase to the provision for credit losses. The initial ALLL for Non-PCD loans and leases acquired in the SVBB Acquisition was established through a corresponding increase to the provision for credit losses (the “Day 2 Provision for Loan and Lease Losses”). The initial reserve for off-balance sheet credit exposure acquired in the SVBB Acquisition was established through a corresponding increase to the provision for off-balance sheet credit exposure (the “Day 2 Provision for Off-balance Sheet Credit Exposure”). Collectively, these are referred to as the “Day 2 Provision for Credit Losses.” The accounting policy for loans and off-balance sheet credit exposure acquired in a business combination is further discussed in Note 1—Significant Accounting Policies and Basis of Presentation in the Notes to the Consolidated Financial Statements included in our 2023 Form 10-K. The ALLL activity for loans and leases is summarized in the following table: Allowance for Loan and Lease Losses dollars in millions Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Commercial Consumer SVB Total Commercial Consumer SVB Total Balance at beginning of period $ 1,103 $ 153 $ 444 $ 1,700 $ 968 $ 173 $ 496 $ 1,637 Provision (benefit) for loan and lease losses 78 — 45 123 166 (10) 56 212 Charge-offs (116) (8) (53) (177) (83) (7) (109) (199) Recoveries 11 5 16 32 13 4 6 23 Balance at end of period $ 1,076 $ 150 $ 452 $ 1,678 $ 1,064 $ 160 $ 449 $ 1,673 The moderate decrease in the ALLL at September 30, 2024 compared to June 30, 2024 was primarily due to changes in credit quality and lower loan balances, partially offset by changes in the macroeconomic forecast, higher specific reserves, and the estimate related to Hurricane Helene. dollars in millions Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Commercial Consumer SVB Total Commercial Consumer SVB Total Balance at beginning of period $ 1,126 $ 166 $ 455 $ 1,747 $ 789 $ 133 $ — $ 922 Initial PCD ALLL — — — — 14 3 203 220 Day 2 Provision for Loan and Lease Losses — — — — 39 43 380 462 Provision (benefit) for loan and lease losses 203 (5) 113 311 396 (9) 65 452 Total provision (benefit) for loan and lease losses 203 (5) 113 311 435 34 445 914 Charge-offs (287) (21) (156) (464) (207) (21) (209) (437) Recoveries 34 10 40 84 33 11 10 54 Balance at end of period $ 1,076 $ 150 $ 452 $ 1,678 $ 1,064 $ 160 $ 449 $ 1,673 The following table presents the components of the provision for credit losses: Provision for Credit Losses dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Day 2 Provision for Loan and Lease Losses $ — $ — $ — $ 462 Provision for loan and lease losses 123 212 311 452 Total provision for loan and lease losses 123 212 311 914 Day 2 Provision for Off-balance Sheet Credit Exposure — — — 254 Benefit from off-balance sheet credit exposure (6) (17) (35) (42) Total (benefit) provision for off-balance sheet credit exposure (6) (17) (35) 212 (Benefit) provision for investment securities available for sale credit losses — (3) — — Provision for credit losses $ 117 $ 192 $ 276 $ 1,126

LEASES

LEASES	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
LEASES	NOTE 6 — LEASES Lessee BancShares leases primarily include administrative offices and bank locations. Substantially all of our lease liabilities relate to United States real estate leases under operating lease arrangements. Our real estate leases have remaining lease terms of up to 33 years. Our lease terms may include options to extend or terminate the lease, and our operating leases have renewal terms that can extend from 1 to 25 years. The options are included in the lease term when it is determined that it is reasonably certain the option will be exercised. The following table presents supplemental balance sheet information and remaining weighted average lease terms and discount rates: Supplemental Lease Information dollars in millions Classification September 30, 2024 December 31, 2023 Lease assets: Operating lease ROU assets Other assets $ 331 $ 354 Finance leases Premises and equipment 7 9 Total lease assets $ 338 $ 363 Lease liabilities: Operating leases Other liabilities $ 373 $ 396 Finance leases Other borrowings 8 9 Total lease liabilities $ 381 $ 405 Weighted-average remaining lease terms: Operating leases 7.5 years 8.1 years Finance leases 16.5 years 15.4 years Weighted-average discount rate: Operating leases 2.80 % 2.70 % Finance leases 3.63 3.52 As of September 30, 2024, there were no leases that have not yet commenced that would have a material impact on BancShares’ consolidated financial statements. The following table presents components of lease cost: Components of Net Lease Cost dollars in millions Three Months Ended September 30, Nine Months Ended September 30, Classification 2024 2023 2024 2023 Operating lease cost Occupancy expense $ 19 $ 18 $ 56 $ 46 Finance lease ROU asset amortization Equipment expense — 1 1 1 Variable lease cost (1) Occupancy expense 7 8 22 16 Sublease income Occupancy expense (1) (1) (4) (2) Net lease cost (1) $ 25 $ 26 $ 75 $ 61 (1) Includes short-term lease cost, which is not material. Operating lease cost is recognized as a single lease cost on a straight-line basis over the lease term. For finance leases, the right of use (“ROU”) asset is amortized straight-line over the lease term as equipment expense and interest on the lease liability is recognized separately; however, interest on the lease liability was less than $1 million per year and is therefore not presented in the table above. Variable lease cost includes common area maintenance, property taxes, utilities, and other operating expenses related to leased premises recognized in the period in which the expense was incurred. Certain of our lease agreements also include rental payments adjusted periodically for inflation. While lease liabilities are not remeasured because of these changes, these adjustments are treated as variable lease costs and recognized in the period in which the expense is incurred. Sublease income results from leasing excess building space that BancShares is no longer utilizing under operating leases, which have remaining lease terms of up to 12 years. The following table presents supplemental cash flow information related to leases: Supplemental Cash Flow Information dollars in millions Nine Months Ended September 30, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 57 $ 45 Financing cash flows from finance leases 1 2 ROU assets obtained in exchange for new operating lease liabilities 26 69 ROU assets obtained in exchange for new finance lease liabilities — 4 Lessor BancShares leases equipment to commercial end-users under operating lease and finance lease arrangements. The majority of operating lease equipment is long-lived rail equipment, which is typically leased several times over its life. We also lease technology and office equipment, and large and small industrial, medical, and transportation equipment under both operating leases and finance leases. The table that follows presents lease income related to BancShares’ operating and finance leases: Lease Income dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Lease income – Operating leases $ 236 $ 229 $ 714 $ 664 Variable lease income – Operating leases (1) 26 19 62 55 Rental income on operating leases 262 248 776 719 Interest income – Sales type and direct financing leases 44 43 131 127 Variable lease income included in Other noninterest income (2) 15 15 46 44 Interest income – Leveraged leases 1 2 3 11 Total lease income $ 322 $ 308 $ 956 $ 901 (1) Primarily includes per diem railcar operating lease rental income earned on a time or mileage usage basis. (2)
LEASES	NOTE 6 — LEASES Lessee BancShares leases primarily include administrative offices and bank locations. Substantially all of our lease liabilities relate to United States real estate leases under operating lease arrangements. Our real estate leases have remaining lease terms of up to 33 years. Our lease terms may include options to extend or terminate the lease, and our operating leases have renewal terms that can extend from 1 to 25 years. The options are included in the lease term when it is determined that it is reasonably certain the option will be exercised. The following table presents supplemental balance sheet information and remaining weighted average lease terms and discount rates: Supplemental Lease Information dollars in millions Classification September 30, 2024 December 31, 2023 Lease assets: Operating lease ROU assets Other assets $ 331 $ 354 Finance leases Premises and equipment 7 9 Total lease assets $ 338 $ 363 Lease liabilities: Operating leases Other liabilities $ 373 $ 396 Finance leases Other borrowings 8 9 Total lease liabilities $ 381 $ 405 Weighted-average remaining lease terms: Operating leases 7.5 years 8.1 years Finance leases 16.5 years 15.4 years Weighted-average discount rate: Operating leases 2.80 % 2.70 % Finance leases 3.63 3.52 As of September 30, 2024, there were no leases that have not yet commenced that would have a material impact on BancShares’ consolidated financial statements. The following table presents components of lease cost: Components of Net Lease Cost dollars in millions Three Months Ended September 30, Nine Months Ended September 30, Classification 2024 2023 2024 2023 Operating lease cost Occupancy expense $ 19 $ 18 $ 56 $ 46 Finance lease ROU asset amortization Equipment expense — 1 1 1 Variable lease cost (1) Occupancy expense 7 8 22 16 Sublease income Occupancy expense (1) (1) (4) (2) Net lease cost (1) $ 25 $ 26 $ 75 $ 61 (1) Includes short-term lease cost, which is not material. Operating lease cost is recognized as a single lease cost on a straight-line basis over the lease term. For finance leases, the right of use (“ROU”) asset is amortized straight-line over the lease term as equipment expense and interest on the lease liability is recognized separately; however, interest on the lease liability was less than $1 million per year and is therefore not presented in the table above. Variable lease cost includes common area maintenance, property taxes, utilities, and other operating expenses related to leased premises recognized in the period in which the expense was incurred. Certain of our lease agreements also include rental payments adjusted periodically for inflation. While lease liabilities are not remeasured because of these changes, these adjustments are treated as variable lease costs and recognized in the period in which the expense is incurred. Sublease income results from leasing excess building space that BancShares is no longer utilizing under operating leases, which have remaining lease terms of up to 12 years. The following table presents supplemental cash flow information related to leases: Supplemental Cash Flow Information dollars in millions Nine Months Ended September 30, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 57 $ 45 Financing cash flows from finance leases 1 2 ROU assets obtained in exchange for new operating lease liabilities 26 69 ROU assets obtained in exchange for new finance lease liabilities — 4 Lessor BancShares leases equipment to commercial end-users under operating lease and finance lease arrangements. The majority of operating lease equipment is long-lived rail equipment, which is typically leased several times over its life. We also lease technology and office equipment, and large and small industrial, medical, and transportation equipment under both operating leases and finance leases. The table that follows presents lease income related to BancShares’ operating and finance leases: Lease Income dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Lease income – Operating leases $ 236 $ 229 $ 714 $ 664 Variable lease income – Operating leases (1) 26 19 62 55 Rental income on operating leases 262 248 776 719 Interest income – Sales type and direct financing leases 44 43 131 127 Variable lease income included in Other noninterest income (2) 15 15 46 44 Interest income – Leveraged leases 1 2 3 11 Total lease income $ 322 $ 308 $ 956 $ 901 (1) Primarily includes per diem railcar operating lease rental income earned on a time or mileage usage basis. (2)

GOODWILL AND CORE DEPOSIT INTAN

GOODWILL AND CORE DEPOSIT INTANGIBLES	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND CORE DEPOSIT INTANGIBLES	NOTE 7 — GOODWILL AND CORE DEPOSIT INTANGIBLES Goodwill BancShares had goodwill of $346 million at September 30, 2024 and December 31, 2023. There was no goodwill impairment during the nine months ended September 30, 2024 or 2023. Core Deposit Intangibles Core deposit intangibles represent the estimated fair value of core deposits and other customer relationships acquired. Core deposit intangibles are being amortized over their estimated useful lives. The following tables summarize the activity for core deposit intangibles during the nine months ended September 30, 2024: Core Deposit Intangibles dollars in millions Nine Months Ended September 30, 2024 Balance at beginning of period, net of accumulated amortization $ 312 Less: amortization for the period 47 Balance at end of period, net of accumulated amortization $ 265 The following table summarizes the accumulated amortization balance for core deposit intangibles at September 30, 2024 and December 31, 2023: Core Deposit Intangible Accumulated Amortization dollars in millions September 30, 2024 December 31, 2023 Gross balance $ 501 $ 501 Less: accumulated amortization 236 189 Balance, net of accumulated amortization $ 265 $ 312 The following table summarizes the expected amortization expense as of September 30, 2024 in subsequent periods for core deposit intangibles: Core Deposit Intangible Expected Amortization dollars in millions Remainder 2024 $ 16 2025 54 2026 46 2027 39 2028 34 2029 30 Thereafter 46 Balance, net of accumulated amortization $ 265

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 8 — VARIABLE INTEREST ENTITIES Refer to Note 1—Significant Accounting Policies and Basis of Presentation for additional information on accounting for VIEs. Consolidated VIEs At September 30, 2024 and December 31, 2023, there were no consolidated VIEs. Unconsolidated VIEs Unconsolidated VIEs include limited partnership interests and joint ventures where BancShares’ involvement is limited to an investor interest and BancShares does not have the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance or obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The table below provides a summary of the assets and liabilities included on the Consolidated Balance Sheets associated with unconsolidated VIEs. The table also presents our maximum exposure to loss which consists of outstanding book basis and unfunded commitments for future investments, and represents potential losses that would be incurred under hypothetical circumstances, such that the value of BancShares’ interests and any associated collateral declines to zero and assuming no recovery. BancShares believes the possibility is remote under this hypothetical scenario; accordingly, this disclosure is not an indication of expected loss. Unconsolidated VIEs Carrying Value dollars in millions September 30, 2024 December 31, 2023 Affordable housing tax credit investments $ 2,066 $ 1,887 Other tax credit equity investments 2 3 Total tax credit equity investments $ 2,068 $ 1,890 Other unconsolidated investments 149 162 Total assets (maximum loss exposure) (1) $ 2,217 $ 2,052 Liabilities for commitments to tax credit investments (2) $ 1,033 $ 947 (1) Included in other assets. (2) Represents commitments to invest in qualified affordable housing investments and other investments qualifying for community reinvestment tax credits. These commitments are payable on demand and are included in other liabilities. BancShares has investments in qualified affordable housing projects primarily for the purposes of fulfilling Community Reinvestment Act of 1977 (“CRA”) requirements and obtaining tax credits. These investments are accounted for using PAM and provide tax benefits to investors in the form of tax deductions from operating losses and tax credits. Under PAM, the initial cost of the investment is amortized in proportion to the tax credits and other tax benefits received, and the net investment performance is recognized on the Consolidated Statements of Income as a component of income tax expense. The table below summarizes the amortization of our affordable housing tax credit investments and the related tax credits and other tax benefits that are recognized in income tax expense on the Consolidated Statements of Income. Tax Credit Investments Recognized in Income Tax Expense dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Amortization of affordable housing tax credit investments (1) $ 58 $ 44 $ 176 $ 111 Tax credits from affordable housing tax credit investments (58) (46) (173) (79) Other tax benefits from affordable housing tax credit investments (8) (7) (29) (45) Net income tax benefit from affordable housing tax credit investments (2) $ (8) $ (9) $ (26) $ (13) (1) Amortization is included in depreciation, amortization, and accretion, net as an adjustment to reconcile net income to net cash provided by operating activities on the Consolidated Statements of Cash Flows. (2)

OTHER ASSETS

OTHER ASSETS	9 Months Ended
	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER ASSETS	NOTE 9 — OTHER ASSETS The following table includes the components of other assets: Other Assets dollars in millions September 30, 2024 December 31, 2023 Affordable housing tax credit and other unconsolidated investments (1) $ 2,217 $ 2,052 Accrued interest receivable 904 832 Fair value of derivative financial instruments 553 640 Pension assets 482 474 Right of use assets for operating leases, net 331 354 Income tax receivable 342 209 Counterparty receivables 133 114 Bank-owned life insurance 107 105 Nonmarketable equity securities 127 103 Other real estate owned 53 58 Mortgage servicing rights 27 25 Federal Home Loan Bank stock 19 20 Other 796 871 Total other assets $ 6,091 $ 5,857 (1) Refer to Note 8—Variable Interest Entities for additional information.

DEPOSITS

DEPOSITS	9 Months Ended
	Sep. 30, 2024
Statistical Disclosure for Banks [Abstract]
DEPOSITS	NOTE 10 — DEPOSITS The following table provides detail on deposit types: Deposit Types dollars in millions September 30, 2024 December 31, 2023 Noninterest-bearing demand $ 39,396 $ 39,799 Checking with interest 23,216 23,754 Money market 34,567 30,611 Savings 40,266 35,258 Time 14,129 16,432 Total deposits $ 151,574 $ 145,854 At September 30, 2024, the scheduled maturities of time deposits were: Deposit Maturities dollars in millions Twelve months ended September 30, 2025 $ 13,400 2026 641 2027 47 2028 20 2029 21 Thereafter — Total time deposits $ 14,129

BORROWINGS

BORROWINGS	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
BORROWINGS	NOTE 11 — BORROWINGS Short-term Borrowings Securities Sold under Agreements to Repurchase BancShares held $391 million and $485 million at September 30, 2024 and December 31, 2023, respectively, of securities sold under agreements to repurchase that have overnight contractual maturities and are collateralized by government agency securities. BancShares utilizes securities sold under agreements to repurchase to facilitate the needs for collateralization of commercial customers and secure wholesale funding needs. Repurchase agreements are transactions whereby BancShares offers to sell to a counterparty an undivided interest in an eligible security at an agreed upon purchase price, and which obligates BancShares to repurchase the security at an agreed upon date, repurchase price and interest rate. These agreements are recorded at the amount of cash received in connection with the transactions and are reflected as securities sold under customer repurchase agreements. BancShares monitors collateral levels on a continuous basis and maintains records of each transaction specifically describing the applicable security and the counterparty’s fractional interest in that security, and segregates the security from general assets in accordance with regulations governing custodial holdings of securities. The primary risk with repurchase agreements is market risk associated with the investments securing the transactions, as additional collateral may be required based on fair value changes of the underlying investments. Securities pledged as collateral under repurchase agreements are maintained with safekeeping agents. The carrying value of investment securities pledged as collateral under repurchase agreements was $451 million and $502 million at September 30, 2024 and December 31, 2023, respectively. Long-term Borrowings Long-term borrowings at September 30, 2024 and December 31, 2023 include: Long-term Borrowings dollars in millions Maturity September 30, 2024 December 31, 2023 Parent Company: Subordinated: Fixed-to-Floating subordinated notes at 3.375% March 2030 $ 351 $ 350 Junior subordinated debentures (FCB/SC Capital Trust II) (1) June 2034 — 20 Subsidiaries: Senior: Senior unsecured fixed-to-floating rate notes at 2.969% September 2025 (3) — 316 Fixed senior unsecured notes at 6.00% April 2036 51 51 Subordinated: Fixed subordinated notes at 6.125% March 2028 403 404 Fixed-to-Fixed subordinated notes at 4.125% November 2029 100 100 Junior subordinated debentures (SCB Capital Trust I) (1) April 2034 — 10 Secured: Purchase Money Note to FDIC fixed at 3.50% (2) March 2028 35,991 36,072 Capital lease obligations Maturities through May 2057 8 9 Unamortized purchase accounting adjustments (134) (163) Total long-term borrowings $ 36,770 $ 37,169 (1) The borrowings were called during the first quarter of 2024, resulting in a $2 million loss on extinguishment of debt for the nine months ended September 30, 2024. (2) Issued in connection with the SVBB Acquisition and secured by collateral. Refer to Note 2—Business Combinations and Note 4—Loans and Leases. (3) Included a callable feature one year prior to maturity and the debt was redeemed in September 2024. Pledged Assets

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	NOTE 12 — DERIVATIVE FINANCIAL INSTRUMENTS Our derivatives designated as hedging instruments include interest rate swap contracts utilized to manage our interest rate exposure for items on our Consolidated Balance Sheets. This includes floating-rate loan portfolio cash flow hedges and fair value hedges of our fixed-rate borrowings and deposits. Our derivatives not designated as hedging instruments mainly include interest rate and foreign exchange contracts that our customers utilized for their risk management needs. We typically manage our exposure to these customer derivatives by entering into offsetting or “back-to-back” interest rate and foreign exchange contracts with third-party dealers. Derivative instruments that are cleared through certain central counterparty clearing houses are settled-to-market and reported net of collateral positions. For further information on accounting for derivatives and hedging, refer to Note 1—Significant Accounting Policies and Basis of Presentation of this Form 10-Q and our 2023 Form 10-K. The following table presents notional amounts and fair values of derivative financial instruments: Notional Amount and Fair Value of Derivative Financial Instruments dollars in millions September 30, 2024 December 31, 2023 Notional Amount Asset Fair Value Liability Fair Value Notional Amount Asset Fair Value Liability Fair Value Derivatives designated as hedging instruments (Qualifying hedges) Fair Value Hedges Interest rate contracts hedging time deposits $ 334 $ — $ — $ — $ — $ — Interest rate contracts hedging long-term borrowings 750 — — 815 — — Total fair value hedges (1) (4) 1,084 — — 815 — — Cash Flow Hedges Interest rate contracts hedging loans (1) (4) 2,500 — — — — — Total derivatives designated as hedging instruments $ 3,584 $ — $ — $ 815 $ — $ — Derivatives not designated as hedging instruments (Non-qualifying hedges) Interest rate contracts (1) (4) $ 25,538 $ 446 $ (415) $ 24,548 $ 530 $ (518) Foreign exchange contracts (2) 8,198 93 (91) 9,142 104 (117) Other contracts (3) 1,308 14 (1) 983 6 (1) Total derivatives not designated as hedging instruments $ 35,044 $ 553 $ (507) $ 34,673 $ 640 $ (636) Gross derivatives fair values presented in the Consolidated Balance Sheets $ 553 $ (507) $ 640 $ (636) Less: gross amounts offset in the Consolidated Balance Sheets — — — — Net amount presented in other assets and other liabilities in the Consolidated Balance Sheets 553 (507) 640 (636) Less: amounts subject to master netting agreements (5) (114) 114 (97) 97 Less: cash collateral pledged (received) subject to master netting agreements (6) (234) 46 (405) 39 Total net derivative fair value $ 205 $ (347) $ 138 $ (500) (1) Fair value balances include accrued interest. (2) The foreign exchange contracts exclude foreign exchange spot contracts. The notional and net fair value amounts of these contracts were $660 million and $0 million, respectively, as of September 30, 2024, and $179 million and $0 million, respectively, as of December 31, 2023. (3) Other derivative contracts not designated as hedging instruments include risk participation agreements and equity warrants. (4) BancShares accounts for swap contracts cleared by the Chicago Mercantile Exchange and LCH Clearnet as “settled-to-market.” As a result, variation margin payments are characterized as settlement of the derivative exposure and variation margin balances are netted against the corresponding derivative mark-to-market balances. Gross amounts of recognized assets and liabilities were lowered by $70 million and $47 million, respectively, at September 30, 2024, which includes $24 million and $0 million relating to qualifying hedges, respectively. Gross amounts of recognized assets and liabilities were lowered by $66 million and $37 million, respectively, at December 31, 2023, which includes $4 million and $0 million, respectively, relating to qualifying hedges. (5) BancShares’ derivative transactions are governed by International Swaps and Derivatives Association (“ISDA”) agreements that allow for net settlements of certain payments as well as offsetting of all contracts with a given counterparty in the event of bankruptcy or default of one of the two parties to the transaction. BancShares believes its ISDA agreements meet the definition of a master netting arrangement or similar agreement for purposes of the above disclosure. (6) In conjunction with the ISDA agreements described above, BancShares has entered into collateral arrangements with its counterparties, which provide for the exchange of cash depending on the change in the market valuation of the derivative contracts outstanding. Such collateral is available to be applied in settlement of the net balances upon an event of default of one of the counterparties. Collateral pledged or received is included in other assets or deposits, respectively. Fair Value Hedges The following table presents the impact of fair value hedges recorded in interest expense on the Consolidated Statements of Income: Recognized Gains (Losses) on Fair Value Hedges dollars in millions Three Months Ended September 30, Nine Months Ended September 30, Interest Expense 2024 2023 2024 2023 Gain on hedging instruments - time deposits Deposits $ 2 $ — $ 1 $ — Gain (loss) on hedging instruments - borrowings Borrowings 4 — (2) — Loss on hedged item - time deposits Deposits (3) — (2) — Loss on hedged item - borrowings Borrowings (5) — — — Net loss on fair value hedges Total interest expense $ (2) $ — $ (3) $ — The following table presents the carrying value of hedged items and associated cumulative hedging adjustment related to fair value hedges: dollars in millions Cumulative Fair Value Hedging Adjustment Included in the Carrying Value of Hedged Items Carrying Value of Hedged Items Currently Designated No Longer Designated September 30, 2024 Long-term borrowings $ 801 $ 4 $ — Deposits 336 2 — December 31, 2023 Long-term borrowings 879 5 — Cash Flow Hedges The following table presents the pretax unrealized gain on hedging instruments in cash flow hedges, which are reported in other comprehensive income, and the pretax amount reclassified from AOCI to earnings for the three and nine months ended September 30, 2024: Unrealized Gain on Cash Flow Hedges dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Other comprehensive income on cash flow hedge derivatives before reclassifications $ 14 $ — $ 17 $ — Amounts reclassified from AOCI to earnings 2 — 2 — Other comprehensive income on cash flow hedge derivatives $ 16 $ — $ 19 $ — Decrease in interest income on loans due to amounts reclassified from AOCI to earnings $ (2) $ — $ (2) $ — The following table presents other information for cash flow hedges: Other Information for Cash Flow Hedges dollars in millions September 30, 2024 December 31, 2023 Unrealized gain on cash flow hedge derivatives reported in AOCI, net of income taxes $ 14 $ — Estimate to be reclassified from AOCI to earnings during the next 12 months, net of income taxes (1) $ 14 $ — Maximum number of months over which forecasted cash flows are hedged 13 — (1) Reclassified amounts could differ from amounts actually recognized due to items such as changes in interest rates, hedge de-designations and the addition of other hedges. Non-Qualifying Hedges The following table presents gains on non-qualifying hedges recognized on the Consolidated Statements of Income: Gains (Losses) on Non-Qualifying Hedges dollars in millions Three Months Ended September 30, Nine Months Ended September 30, Amounts Recognized 2024 2023 2024 2023 Interest rate contracts Other noninterest income $ (5) $ 8 $ 6 $ 37 Foreign currency forward contracts Other noninterest income (20) 11 3 10 Other contracts Other noninterest income 2 1 1 1 Total non-qualifying hedges - income statement impact $ (23) $ 20 $ 10 $ 48

OTHER LIABILITIES

OTHER LIABILITIES	9 Months Ended
	Sep. 30, 2024
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES	NOTE 13 — OTHER LIABILITIES The following table includes the components of other liabilities: Other Liabilities dollars in millions September 30, 2024 December 31, 2023 Deferred taxes (1) $ 3,561 $ 3,579 Commitments to fund tax credit investments 1,033 947 Incentive plan liabilities 570 689 Fair value of derivative financial instruments 507 636 Accrued expenses and accounts payable 265 351 Lease liabilities 373 396 Reserve for off-balance sheet credit exposure 281 316 Accrued interest payable 149 137 Other 1,015 855 Total other liabilities $ 7,754 $ 7,906 (1) Primarily includes deferred taxes associated with the SVBB Acquisition. Refer to Note 2—Business Combinations for additional information.

FAIR VALUE

FAIR VALUE	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE	NOTE 14 — FAIR VALUE Fair Value Hierarchy BancShares measures certain financial assets and liabilities at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. GAAP also establishes a fair value hierarchy, which prioritizes the inputs to valuation techniques used to measure fair value into three levels. Assets and liabilities are recorded at fair value according to a fair value hierarchy comprised of three levels. The levels are based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. The level within the fair value hierarchy for an asset or liability is based on the lowest level of input significant to the fair value measurement with Level 1 inputs considered highest and Level 3 inputs considered lowest. A brief description of each input level follows: • Level 1 inputs are quoted prices in active markets for identical assets and liabilities. • Level 2 inputs are quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active and inputs other than quoted prices observable for the assets or liabilities and market corroborated inputs. • Level 3 inputs are unobservable inputs for the asset or liability. These unobservable inputs and assumptions reflect the estimates market participants would use in pricing the asset or liability. Assets and Liabilities Measured at Fair Value - Recurring Basis dollars in millions September 30, 2024 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 11,817 $ — $ 11,817 $ — Government agency 85 — 85 — Residential mortgage-backed securities 13,016 — 13,016 — Commercial mortgage-backed securities 2,778 — 2,778 — Corporate bonds 477 — 313 164 Municipal bonds 17 — 17 — Total investment securities available for sale $ 28,190 $ — $ 28,026 $ 164 Marketable equity securities 82 31 51 — Loans held for sale 41 — 41 — Derivative assets (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 446 $ — $ 445 $ 1 Foreign exchange contracts — non-qualifying hedges 93 — 93 — Other derivative contracts — non-qualifying hedges 14 — — 14 Total non-qualifying hedge assets $ 553 $ — $ 538 $ 15 Total derivative assets $ 553 $ — $ 538 $ 15 Liabilities Derivative liabilities (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 415 $ — $ 415 $ — Foreign exchange contracts — non-qualifying hedges 91 — 91 — Other derivative contracts — non-qualifying hedges 1 — — 1 Total non-qualifying hedge liabilities $ 507 $ — $ 506 $ 1 Total derivative liabilities $ 507 $ — $ 506 $ 1 December 31, 2023 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 10,508 $ — $ 10,508 $ — Government agency 117 — 117 — Residential mortgage-backed securities 6,686 — 6,686 — Commercial mortgage-backed securities 2,131 — 2,131 — Corporate bonds 482 — 325 157 Municipal bonds 12 — 12 — Total investment securities available for sale $ 19,936 $ — $ 19,779 $ 157 Marketable equity securities 84 36 48 — Loans held for sale 38 — 38 — Derivative assets (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 530 $ — $ 529 $ 1 Foreign exchange contracts — non-qualifying hedges 104 — 104 — Other derivative contracts — non-qualifying hedges 6 — — 6 Total non-qualifying hedge assets $ 640 $ — $ 633 $ 7 Total derivative assets $ 640 $ — $ 633 $ 7 Liabilities Derivative liabilities (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 518 $ — $ 518 $ — Foreign exchange contracts — non-qualifying hedges 117 — 117 — Other derivative contracts — non-qualifying hedges 1 — — 1 Total non-qualifying hedge liabilities $ 636 $ — $ 635 $ 1 Total derivative liabilities $ 636 $ — $ 635 $ 1 (1) Derivative fair values include accrued interest. The methods and assumptions used to estimate the fair value of each class of financial instruments measured at fair value on a recurring basis are as follows: Investment securities available for sale . The fair value of U.S. Treasury, government agency, mortgage-backed securities, municipal bonds, and a portion of the corporate bonds are generally estimated using a third-party pricing service. To obtain an understanding of the processes and methodologies used, management reviews correspondence from the third-party pricing service. Management also performs a price variance analysis process to corroborate the reasonableness of prices. The third-party provider evaluates securities based on comparable investments with trades and market data and will utilize pricing models which use a variety of inputs, such as benchmark yields, reported trades, issuer spreads, benchmark securities, bids and offers as needed. These securities are generally classified as Level 2. The remaining corporate bonds held are generally measured at fair value based on indicative bids from broker-dealers using inputs that are not directly observable. These securities are classified as Level 3. Marketable equity securities. Equity securities are measured at fair value using observable closing prices. The valuation also considers the amount of market activity by examining the trade volume of each security. Equity securities are classified as Level 1 if they are traded in an active market and as Level 2 if the observable closing price is from a less than active market. Loans held for sale. Certain residential real estate loans originated for sale to investors are carried at fair value based on quoted market prices for similar types of loans. Accordingly, the inputs used to calculate fair value of originated residential real estate loans held for sale are considered Level 2 inputs. Derivative Assets and Liabilities. Derivatives were valued using models that incorporate inputs depending on the type of derivative. Other than the fair value of equity warrants and credit derivatives, which were estimated using Level 3 inputs, most derivative instruments were valued using Level 2 inputs based on observed pricing for similar assets and liabilities and model-based valuation techniques for which all significant assumptions are observable in the market. Refer to Note 12—Derivative Financial Instruments for notional amounts and fair values. The following tables summarize information about significant unobservable inputs related to BancShares’ categories of Level 3 financial assets and liabilities measured on a recurring basis: Quantitative Information About Level 3 Fair Value Measurements - Recurring Basis dollars in millions Financial Instrument Estimated Fair Value Valuation Technique Significant Unobservable Inputs September 30, 2024 December 31, 2023 Assets Corporate bonds $ 164 $ 157 Indicative bid provided by broker Multiple factors, including but not limited to, current operations, financial condition, cash flows, and recently executed financing transactions related to the issuer. Interest rate & other derivative — non-qualifying hedges $ 15 $ 7 Internal valuation model Multiple factors, including but not limited to, private company valuation, illiquidity discount, and estimated life of the instrument. Liabilities Interest rate & other derivative — non-qualifying hedges $ 1 $ 1 Internal valuation model Not material The following table summarizes the changes in estimated fair value for all assets and liabilities measured at estimated fair value on a recurring basis using significant unobservable inputs (Level 3): Changes in Estimated Fair Value of Level 3 Financial Assets and Liabilities - Recurring Basis dollars in millions Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Corporate Bonds Other Derivative Assets — Non-Qualifying Other Derivative Liabilities — Non-Qualifying Corporate Bonds Other Derivative Assets — Non-Qualifying Other Derivative Liabilities — Non-Qualifying Beginning balance $ 157 $ 7 $ 1 $ 174 $ — $ — Purchases — 7 — — — — Changes in fair value included in earnings (1) 1 — — 5 — Changes in fair value included in comprehensive income 8 — — (13) — — Transfers in — — — — — 1 Transfers out — — — — — — Maturity and settlements — — — (9) — — Ending balance $ 164 $ 15 $ 1 $ 152 $ 5 $ 1 Fair Value Option The following table summarizes the difference between the aggregate fair value and the UPB for residential mortgage loans originated for sale measured at fair value as of September 30, 2024 and December 31, 2023: Aggregate Fair Value and UPB - Residential Mortgage Loans dollars in millions September 30, 2024 December 31, 2023 Fair Value Unpaid Principal Balance Difference Fair Value Unpaid Principal Balance Difference Originated loans held for sale $ 41 $ 40 $ 1 $ 38 $ 37 $ 1 BancShares has elected the fair value option for residential mortgage loans originated for sale. This election reduces certain timing differences in the Consolidated Statements of Income and better aligns with the management of the portfolio from a business perspective. The changes in fair value that were recorded as a component of mortgage income were insignificant for the three and nine months ended September 30, 2024 and 2023. Interest earned on loans held for sale is recorded within interest income on loans and leases in the Consolidated Statements of Income. No originated loans held for sale were 90 or more days past due or on nonaccrual status as of September 30, 2024 or December 31, 2023. Assets Measured at Estimated Fair Value on a Non-recurring Basis Certain assets or liabilities are required to be measured at estimated fair value on a non-recurring basis subsequent to initial recognition. Generally, these adjustments are the result of lower of the cost or market value (“LOCOM”) or other impairment accounting. The following table presents carrying value of assets measured at estimated fair value on a non-recurring basis for which gains and losses have been recorded in the periods. The gains and losses reflect amounts recorded for the respective periods, regardless of whether the asset is still held at period end. Assets Measured at Fair Value - Non-recurring Basis dollars in millions Fair Value Measurements Total Level 1 Level 2 Level 3 Total Gains (Losses) September 30, 2024 Assets held for sale - loans $ 3 $ — $ — $ 3 $ (4) Loans - collateral dependent loans 314 — — 314 (114) Other real estate owned 13 — — 13 5 Total $ 331 $ — $ — $ 331 $ (113) December 31, 2023 Assets held for sale - loans $ 12 $ — $ — $ 12 $ (4) Loans - collateral dependent loans 265 — — 265 (131) Other real estate owned 16 — — 16 4 Total $ 293 $ — $ — $ 293 $ (131) Certain other assets are adjusted to their fair value on a non-recurring basis, including certain loans, OREO, and goodwill, which are periodically tested for impairment. Most loans held for investment, deposits, and borrowings are not reported at fair value. The methods and assumptions used to estimate the fair value of each class of financial instruments measured at fair value on a non-recurring basis are as follows: Assets held for sale - loans. Loans held for investment subsequently transferred to held for sale are carried at the LOCOM. When available, the fair values for the transferred loans are based on quoted prices from the purchase commitments for the individual loans being transferred and are considered Level 1 inputs. The fair value of Level 2 assets was primarily estimated based on prices of recent trades of similar assets. For other loans held for sale, the fair value of Level 3 assets was primarily measured under the income approach using the discounted cash flow model based on Level 3 inputs including discount rate or the price of committed trades. Loans - collateral dependent loans. The population of Level 3 loans measured at fair value on a non-recurring basis includes collateral-dependent loans evaluated individually. Collateral values are determined using appraisals or other third-party value estimates of the subject property discounted based on estimated selling costs, and adjustments for other external factors that may impact the marketability of the collateral. Other real estate owned. OREO is carried at LOCOM. OREO asset valuations are determined by using appraisals or other third-party value estimates of the subject property with discounts, generally between 6% and 10%, applied for estimated selling costs and other external factors that may impact the marketability of the property. At September 30, 2024 and December 31, 2023, the weighted average discount applied was 9.41% and 8.59%, respectively. Changes to the value of the assets between scheduled valuation dates are monitored through continued communication with brokers and monthly reviews by the asset manager assigned to each asset. If there are any significant changes in the market or the subject property, valuations are adjusted or new appraisals are ordered to ensure the reported values reflect the most current information. Financial Instruments Fair Value The table below presents the carrying values and estimated fair values for financial instruments, excluding leases and certain other assets and liabilities for which these disclosures are not required. Carrying Values and Fair Values of Financial Assets and Liabilities dollars in millions September 30, 2024 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 862 $ 862 $ — $ — $ 862 Interest-earning deposits at banks 25,640 25,640 — — 25,640 Securities purchased under agreements to resell 455 — 455 — 455 Investment in marketable equity securities 82 31 51 — 82 Investment securities available for sale 28,190 — 28,026 164 28,190 Investment securities held to maturity 10,391 — 9,168 — 9,168 Loans held for sale 65 — 41 24 65 Net loans 135,036 — 1,450 133,464 134,914 Accrued interest receivable 904 — 904 — 904 Federal Home Loan Bank stock 19 — 19 — 19 Mortgage servicing rights 27 — — 42 42 Derivative assets - qualifying hedges — — — — — Derivative assets - non-qualifying hedges 553 — 538 15 553 Financial Liabilities Deposits with no stated maturity 137,445 — 137,445 — 137,445 Time deposits 14,129 — 14,128 — 14,128 Credit balances of factoring clients 1,250 — — 1,250 1,250 Securities sold under customer repurchase agreements 391 — 391 — 391 Long-term borrowings 36,762 — 36,765 — 36,765 Accrued interest payable 149 — 149 — 149 Derivative liabilities - qualifying hedges — — — — — Derivative liabilities - non-qualifying hedges 507 — 506 1 507 December 31, 2023 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 908 $ 908 $ — $ — $ 908 Interest-earning deposits at banks 33,609 33,609 — — 33,609 Securities purchased under agreements to resell 473 — 473 — 473 Investment in marketable equity securities 84 36 48 — 84 Investment securities available for sale 19,936 — 19,779 157 19,936 Investment securities held to maturity 9,979 — 8,503 — 8,503 Loans held for sale 73 — 38 35 73 Net loans 129,545 — 1,479 125,217 126,696 Accrued interest receivable 832 — 832 — 832 Federal Home Loan Bank stock 20 — 20 — 20 Mortgage servicing rights 25 — — 42 42 Derivative assets - qualifying hedges — — — — — Derivative assets - non-qualifying hedges 640 — 633 7 640 Financial Liabilities Deposits with no stated maturity 129,427 — 129,427 — 129,427 Time deposits 16,427 — 16,416 — 16,416 Credit balances of factoring clients 1,089 — — 1,089 1,089 Securities sold under customer repurchase agreements 485 — 485 — 485 Long-term borrowings 37,160 — 36,816 — 36,816 Accrued interest payable 137 — 137 — 137 Derivative liabilities - qualifying hedges — — — — — Derivative liabilities - non-qualifying hedges 636 — 635 1 636 The methods and assumptions used to estimate the fair value of each class of financial instruments not discussed elsewhere are as follows: Interest-earning Deposits at Banks. The carrying value of interest-earning deposits at banks approximates its fair value due to its short-term nature. The balances at September 30, 2024 and December 31, 2023 included $212 million and $211 million, respectively, as a required minimum deposit under the Advance Facility Agreement. Net loans. The carrying value of net loans is net of the ALLL. Loans are generally valued by discounting expected cash flows using market inputs with adjustments based on cohort level assumptions for certain loan types as well as internally developed estimates at a business segment level. Due to the significance of the unobservable market inputs and assumptions, as well as the absence of a liquid secondary market for most loans, these loans are classified as Level 3. Certain loans are measured based on observable market prices sourced from external data providers and classified as Level 2. Nonaccrual loans are written down and reported at their estimated recovery value, which approximates their fair value, and classified as Level 3. Securities Purchased Under Agreement to Resell. The fair value of securities purchased under agreement to resell equal the carrying value due to the short term nature, generally overnight, and therefore present an insignificant risk of change in fair value due to changes in market interest rate, and classified as Level 2. Investment securities held to maturity. BancShares’ portfolio of debt securities held to maturity consists of mortgage-backed securities issued by government agencies and government sponsored entities, U.S. Treasury notes, unsecured bonds issued by government agencies and government sponsored entities, and securities issued by the Supranational Entities & Multilateral Development Banks. We primarily use prices obtained from pricing services to determine the fair value of securities, which are Level 2 inputs. FHLB stock. The carrying amount of FHLB stock is a reasonable estimate of fair value, as these securities are not readily marketable and are evaluated for impairment based on the ultimate recoverability of the par value. BancShares considers positive and negative evidence, including the profitability and asset quality of the issuer, dividend payment history and recent redemption experience, when determining the ultimate recoverability of the par value. BancShares investment in FHLB stock is ultimately recoverable at par. The inputs used in the fair value measurement for the FHLB stock are considered Level 2 inputs. Mortgage servicing rights (“MSRs”). MSRs are initially recorded at fair value and subsequently carried at the lower of amortized cost or market. Therefore, servicing rights are carried at fair value only when fair value is less than the amortized cost. The fair value of MSRs is determined using a pooling methodology. Similar loans are pooled together and a model which relies on discount rates, estimates of prepayment rates and the weighted average cost to service the loans is used to determine the fair value. The inputs used in the fair value measurement for MSRs are considered Level 3 inputs. Deposits. The estimated fair value of deposits with no stated maturity, such as demand deposit accounts, money market accounts, and savings accounts was the amount payable on demand at the reporting date. The fair value of time deposits was estimated based on a discounted cash flow technique using Level 2 inputs appropriate to the contractual maturity. Credit balances of factoring clients. The impact of the time value of money from the unobservable discount rate for credit balances of factoring clients is inconsequential due to the short term nature of these balances, therefore, the fair value approximated carrying value, and the credit balances are classified as Level 3. Short-term borrowed funds. Includes repurchase agreements and certain other short-term borrowings. The fair value approximates carrying value and are classified as Level 2. Long-term borrowings. For certain long-term senior and subordinated unsecured borrowings, the fair values are sourced from a third-party pricing service. The fair values of other long-term borrowings are determined by discounting future cash flows using current interest rates for similar financial instruments. The inputs used in the fair value measurement for FHLB borrowings, senior and subordinated debentures, and other borrowings are classified as Level 2. For all other financial assets and financial liabilities, the carrying value is a reasonable estimate of the fair value as of September 30, 2024 and December 31, 2023. The carrying value and fair value for these assets and liabilities are equivalent because they are relatively short-term in nature and there is no interest rate or credit risk that would cause the fair value to differ from the carrying value. Cash and due from banks, and interest-earning deposits at banks, are classified on the fair value hierarchy as Level 1. Accrued interest receivable and accrued interest payable are classified as Level 2.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 15 — STOCKHOLDERS' EQUITY A roll forward of common stock activity is presented in the following table: Number of Shares of Common Stock September 30, 2024 Outstanding Class A Class B Common stock - June 30, 2024 13,524,550 1,005,185 Shares purchased under authorized repurchase plan (353,058) — Restricted stock units vested, net of shares held to cover taxes 2,531 — Common stock - September 30, 2024 13,174,023 1,005,185 Common stock - December 31, 2023 13,514,933 1,005,185 Shares purchased under authorized repurchase plan (353,058) — Restricted stock units vested, net of shares held to cover taxes 12,148 — Common stock - September 30, 2024 13,174,023 1,005,185 Common Stock The Parent Company has Class A common stock and Class B Common stock, each with a par value of $1. Class A common stockholders have one vote per share while Class B common stockholders have 16 votes per share. Non-Cumulative Perpetual Preferred Stock The following table summarizes BancShares’ non-cumulative perpetual preferred stock: Preferred Stock dollars in millions, except per share and par value data Preferred Stock Issuance Date Earliest Redemption Date Par Value Shares Authorized, Issued and Outstanding Liquidation Preference Per Share Total Liquidation Preference Dividend Series A March 12, 2020 March 15, 2025 $ 0.01 345,000 $ 1,000 $ 345 5.375% Series B January 3, 2022 January 4, 2027 0.01 325,000 1,000 325 SOFR + 3.972% Series C January 3, 2022 January 4, 2027 0.01 8,000,000 25 200 5.625% Dividends on BancShares Series A, B, and C Preferred Stock (together, “BancShares Preferred Stock”) will be paid when, as, and if declared by the Board of Directors of the Parent Company, or a duly authorized committee thereof, to the extent that the Parent Company has lawfully available funds to pay dividends. If declared, dividends with respect to the BancShares Preferred Stock will accrue and be payable quarterly in arrears on March 15, June 15, September 15, and December 15 of each year. Dividends on the BancShares Preferred Stock will not be cumulative. For further description of BancShares’ Preferred Stock, refer to Note 17—Stockholders’ Equity in the Notes to the Consolidated Financial Statements included in our 2023 Form 10-K.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	NOTE 16 — ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The following table details the components of AOCI as of September 30, 2024 and December 31, 2023: Components of Accumulated Other Comprehensive (Loss) Income dollars in millions September 30, 2024 December 31, 2023 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Unrealized loss on securities available for sale $ (312) $ 60 $ (252) $ (752) $ 175 $ (577) Unrealized loss on securities available for sale transferred to held to maturity (6) 2 (4) (7) 2 (5) Defined benefit pension items 112 (29) 83 122 (31) 91 Unrealized gain on cash flow hedge derivatives 19 (5) 14 — — — Total accumulated other comprehensive loss $ (187) $ 28 $ (159) $ (637) $ 146 $ (491) The following table details the changes in the components of AOCI, net of income taxes: Changes in Accumulated Other Comprehensive (Loss) Income by Component dollars in millions Unrealized loss on securities available for sale Unrealized loss on securities available for sale transferred to held to maturity Defined benefit pension items Unrealized gain on cash flow hedge derivatives Total accumulated other comprehensive loss Balance as of December 31, 2023 $ (577) $ (5) $ 91 $ — $ (491) AOCI activity before reclassifications 325 — (8) 12 329 Amounts reclassified from AOCI to earnings — 1 — 2 3 Other comprehensive income (loss) for the period 325 1 (8) 14 332 Balance as of September 30, 2024 $ (252) $ (4) $ 83 $ 14 $ (159) Balance as of December 31, 2022 $ (739) $ (6) $ 10 $ — $ (735) AOCI activity before reclassifications (169) — 4 — (165) Amounts reclassified from AOCI to earnings 19 1 — — 20 Other comprehensive (loss) income for the period (150) 1 4 — (145) Balance as of September 30, 2023 $ (889) $ (5) $ 14 $ — $ (880) Other Comprehensive Income The amounts included in the Consolidated Statements of Comprehensive Income are net of income taxes. The following table presents the pretax and after tax components of other comprehensive income: Other Comprehensive Income (Loss) by Component dollars in millions Three Months Ended September 30, 2024 2023 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Income Statement Line Items Unrealized loss on securities available for sale: AOCI activity before reclassifications $ 594 $ (156) $ 438 $ (155) $ 40 $ (115) Amounts reclassified from AOCI to earnings — — — 9 (2) 7 $12 realized loss on sales of investment securities available for sale, net; $(3) provision for credit losses Other comprehensive income (loss) on securities available for sale $ 594 $ (156) $ 438 $ (146) $ 38 $ (108) Unrealized loss on securities available for sale transferred to held to maturity: Amounts reclassified from AOCI to earnings $ 1 $ — $ 1 $ — $ — $ — Interest on investment securities Other comprehensive income on securities available for sale transferred to held to maturity $ 1 $ — $ 1 $ — $ — $ — Unrealized gain on cash flow hedge derivatives: AOCI activity before reclassifications $ 14 $ (4) $ 10 $ — $ — $ — Amounts reclassified from AOCI to earnings 2 — 2 — — — Interest and fees on loans Other comprehensive income on cash flow hedge derivatives $ 16 $ (4) $ 12 $ — $ — $ — Total other comprehensive income (loss) $ 611 $ (160) $ 451 $ (146) $ 38 $ (108) dollars in millions Nine Months Ended September 30, 2024 2023 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Income Statement Line Items Unrealized loss on securities available for sale: AOCI activity before reclassifications $ 440 $ (115) $ 325 $ (229) $ 60 $ (169) Amounts reclassified from AOCI to earnings — — — 26 (7) 19 Realized loss on sale of investment securities, net Other comprehensive income (loss) on securities available for sale $ 440 $ (115) $ 325 $ (203) $ 53 $ (150) Unrealized loss on securities available for sale transferred to held to maturity: Amounts reclassified from AOCI to earnings $ 1 $ — $ 1 $ 1 $ — $ 1 Interest on investment securities Other comprehensive income on securities available for sale transferred to held to maturity $ 1 $ — $ 1 $ 1 $ — $ 1 Defined benefit pension items: Other comprehensive (loss) income for defined benefit pension items $ (10) $ 2 $ (8) $ 5 $ (1) $ 4 Unrealized gain on cash flow hedge derivatives: AOCI activity before reclassifications $ 17 $ (5) $ 12 $ — $ — $ — Amounts reclassified from AOCI to earnings 2 — 2 — — — Interest and fees on loans Other comprehensive income on cash flow hedge derivatives $ 19 $ (5) $ 14 $ — $ — $ — Total other comprehensive income (loss) $ 450 $ (118) $ 332 $ (197) $ 52 $ (145)

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
EARNINGS PER COMMON SHARE	NOTE 17 — EARNINGS PER COMMON SHARE The following table sets forth the computation of the basic and diluted earnings per common share: Earnings per Common Share dollars in millions, except per share data Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net income $ 639 $ 752 $ 2,077 $ 10,952 Preferred stock dividends 15 15 46 44 Net income available to common stockholders $ 624 $ 737 $ 2,031 $ 10,908 Weighted average common shares outstanding Basic shares outstanding 14,375,974 14,528,310 14,480,874 14,527,718 Stock-based awards — 10,823 1,045 11,665 Diluted shares outstanding 14,375,974 14,539,133 14,481,919 14,539,383 Earnings per common share Basic $ 43.42 $ 50.71 $ 140.27 $ 750.79 Diluted $ 43.42 $ 50.67 $ 140.26 $ 750.19

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 18 — INCOME TAXES BancShares’ global effective income tax rates (“ETRs”) were 26.8% and 24.6% for the three months ended September 30, 2024 and 2023, respectively, and 27.3% and 3.6% for the nine months ended September 30, 2024 and 2023, respectively. The increase in effective tax rate for the three months ended September 30, 2024 compared to 2023 was primarily due to the release of state valuation allowances in the prior year period. The increase in the effective tax rate for the nine months ended September 30, 2024 compared to 2023 was primarily due to the effects of the non-taxable nature of the gain on acquisition relating to the SVBB Acquisition in the prior year period. The quarterly income tax expense is based on a projection of BancShares’ annual ETR. This annual ETR is applied to the year-to-date consolidated pretax income to determine the interim provision for income taxes before discrete items. The ETR each period is also impacted by a number of factors, including the relative mix of domestic and international earnings, effects of changes in enacted tax laws, adjustments to the valuation allowances, and discrete items. The currently forecasted ETR may vary from the actual year-end 2024 ETR due to the changes in these factors. Uncertain Tax Benefits BancShares’ recognizes tax benefits when it is more likely than not that the position will prevail, based solely on the technical merits under the tax law of the relevant jurisdiction. BancShares will recognize the tax benefit if the position meets this recognition threshold determined based on the largest amount of the benefit that is more than likely to be realized. Net Operating Loss Carryforwards and Valuation Adjustments

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	NOTE 19 — EMPLOYEE BENEFIT PLANS BancShares sponsors non-contributory defined benefit pension plans for its qualifying employees. The service cost component of net periodic benefit cost is included in salaries and wages, while all other non-service cost components are included in other noninterest expense. The components of net periodic benefit cost are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Service cost $ 2 $ 2 $ 7 $ 7 Interest cost 15 15 45 45 Expected return on assets (23) (21) (69) (64) Net periodic benefit $ (6) $ (4) $ (17) $ (12)

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
BUSINESS SEGMENT INFORMATION	NOTE 20 — BUSINESS SEGMENT INFORMATION BancShares made changes to its segment reporting during the first quarter of 2024, as further discussed in Note 1—Significant Accounting Policies and Basis of Presentation. Segment disclosures for 2023 periods included in this Form 10-Q were recast to reflect the segment reporting changes. BancShares’ segments at September 30, 2024 include General Bank, Commercial Bank, SVB Commercial, and Rail. All other financial information not allocated to the segments is included in the “Corporate” section of the segment disclosures. The segment descriptions below reflect the segment reporting changes made during the first quarter of 2024. General Bank The General Bank segment delivers products and services to consumers and businesses through our extensive network of branches and various digital channels. We offer a full suite of deposit products, loans (primarily residential mortgages and business and commercial loans), cash management, private banking and wealth management, payment services, and treasury services. We offer conforming and jumbo residential mortgage loans throughout the United States that are primarily originated through branches and retail referrals, employee referrals, internet leads, direct marketing and a correspondent lending channel, as well as through our private banking service. Private banking and wealth management offers a customized suite of products and services to individuals and institutional clients, as well as private equity and venture capital professionals and executive leaders of the innovation companies they support, and premium wine clients. The General Bank segment offers brokerage, investment advisory, private stock loans, other secured and unsecured lending products and vineyard development loans, as well as planning-based financial strategies, family office, financial planning, tax planning and trust services. The General Bank segment also includes a community association bank channel that supports deposit, cash management and lending to homeowner associations and property management companies. Revenue is generated from interest earned on loans and from fees for banking and advisory services. We primarily originate loans by utilizing our branch network and industry referrals, as well as direct digital marketing efforts. We derive our SBA loans through a network of SBA originators. We periodically purchase loans on a whole-loan basis. We also invest in community development that supports the construction of affordable housing in our communities in line with our CRA initiatives. Commercial Bank The Commercial Bank segment provides a range of lending, leasing, capital markets, asset management, and other financial and advisory services, primarily to small and middle market companies in a wide range of industries, including energy, healthcare, technology media and telecommunications (“TMT”), asset-backed lending, capital finance, maritime, aerospace and defense, and sponsor finance. Loans offered are primarily senior secured loans collateralized by accounts receivable, inventory, machinery and equipment, transportation equipment, and/or intangibles, and are often used for working capital, plant expansion, acquisitions, or recapitalizations. These loans include revolving lines of credit and term loans and, depending on the nature of the collateral, may be referred to as collateral-backed loans, asset-based loans or cash flow loans. We provide senior secured loans to developers and other CRE professionals. Additionally, we provide small business loans and leases, including both capital and operating leases, through a highly automated credit approval, documentation and funding process. We provide factoring, receivable management and secured financing to businesses that operate in several industries. These include apparel, textile, furniture, home furnishings, and consumer electronics. Factoring entails the assumption of credit risk with respect to trade accounts receivable arising from the sale of goods from our factoring clients to their customers that have been factored (i.e., sold or assigned to the factor). Our factoring clients, which are generally manufacturers or importers of goods, are the counterparties on factoring, financing or receivables purchasing agreements to sell trade receivables to us. Our factoring clients’ customers, which are generally retailers, are the account debtors and obligors on trade accounts receivable that have been factored. Revenue is generated from interest and fees on loans, rental income on operating lease equipment, fee income and other revenue from banking services and capital markets transactions, and commissions earned on factoring-related activities. We derive most of our commercial lending business through direct marketing to borrowers, lessees, manufacturers, vendors, and distributors. We also utilize referrals as a source for commercial lending business. We may periodically buy participations or syndications of loans and lines of credit and purchase loans on a whole-loan basis. SVB Commercial The SVB Commercial segment offers products and services to commercial clients and investors across stages, sectors and regions in the innovation ecosystem, as well as private equity and venture capital firms. The SVB Commercial segment provides solutions to the financial needs of commercial clients. Loan products consist of capital call lines of credit, investor dependent loans, cash flow dependent loans, and innovation C&I loans made primarily to technology, life science and healthcare companies. Revenue is primarily generated from interest earned on loans, and fees and other revenue from lending activities and banking services. Deposit products include business and analysis checking accounts, money market accounts, multi-currency accounts, bank accounts, sweep accounts, and positive pay services. Services are provided through online and mobile banking platforms as well as branch locations. Rail The Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers throughout North America. Railcar types include covered hopper cars used to ship grain and agricultural products, plastic pellets, sand, and cement; tank cars for energy products and chemicals; gondolas for coal, steel coil and mill service products; open-top hopper cars for coal and aggregates; boxcars for paper and auto parts; and centerbeams and flat cars for lumber. Revenue is generated primarily from rental income on operating lease equipment. Corporate Corporate includes all other financial information not allocated to the segments. Corporate contains BancShares’ centralized Treasury function, which manages the investment security portfolio, interest-earning deposits at banks and corporate/wholesale funding (e.g., borrowings, Direct Bank deposits and brokered deposits). Corporate deposits are primarily comprised of Direct Bank deposits. Corporate includes interest income on investment securities and interest-earning deposits at banks; interest expense for borrowings, Direct Bank deposits, and brokered deposits; funds transfer pricing allocations; gains or losses on sales of investment securities; fair value adjustments on marketable equity securities; income from bank-owned life insurance; portions of salaries and benefits expense; and acquisition-related expenses. Corporate also includes certain items related to accounting for business combinations, such as gains on acquisitions, Day 2 Provision for Credit Losses and discount accretion income for certain acquired loans. Segment Results and Select Period End Balances The following table presents the condensed income statements by segment: dollars in millions Three Months Ended September 30, 2024 General Bank Commercial Bank SVB Commercial Rail Corporate Total BancShares Net interest income (expense) $ 768 $ 274 $ 583 $ (48) $ 219 $ 1,796 Provision for credit losses 38 29 50 — — 117 Net interest income (expense) after provision for credit losses 730 245 533 (48) 219 1,679 Noninterest income 149 133 139 207 22 650 Noninterest expense 517 227 393 130 189 1,456 Income before income taxes 362 151 279 29 52 873 Income tax expense 99 41 75 8 11 234 Net income $ 263 $ 110 $ 204 $ 21 $ 41 $ 639 Select Period End Balances Loans and leases $ 66,092 $ 32,689 $ 39,852 $ 62 $ — $ 138,695 Operating lease equipment, net — 767 — 8,419 — 9,186 Deposits 72,169 2,754 35,945 14 40,692 151,574 Three Months Ended September 30, 2023 General Bank Commercial Bank SVB Commercial Rail Corporate Total BancShares Net interest income (expense) $ 681 $ 249 $ 537 $ (40) $ 563 $ 1,990 Provision (benefit) for credit losses 24 132 39 — (3) 192 Net interest income (expense) after provision for credit losses 657 117 498 (40) 566 1,798 Noninterest income 135 139 141 194 6 615 Noninterest expense 482 205 413 116 200 1,416 Income before income taxes 310 51 226 38 372 997 Income tax expense 85 14 61 10 75 245 Net income $ 225 $ 37 $ 165 $ 28 $ 297 $ 752 Select Period End Balances Loans and leases $ 61,035 $ 30,220 $ 41,906 $ 41 $ — $ 133,202 Operating lease equipment, net — 739 — 7,922 — 8,661 Deposits 69,108 3,370 36,236 12 37,507 146,233 dollars in millions Nine Months Ended September 30, 2024 General Bank Commercial Bank SVB Commercial Rail Corporate Total BancShares Net interest income (expense) $ 2,197 $ 823 $ 1,706 $ (136) $ 844 $ 5,434 Provision for credit losses 121 65 90 — — 276 Net interest income (expense) after provision for credit losses 2,076 758 1,616 (136) 844 5,158 Noninterest income 446 400 415 612 43 1,916 Noninterest expense 1,534 676 1,164 374 470 4,218 Income before income taxes 988 482 867 102 417 2,856 Income tax expense 270 127 235 27 120 779 Net income $ 718 $ 355 $ 632 $ 75 $ 297 $ 2,077 Nine Months Ended September 30, 2023 General Bank Commercial Bank SVB Commercial Rail Corporate Total BancShares Net interest income (expense) $ 1,889 $ 744 $ 1,128 $ (101) $ 1,141 $ 4,801 Provision for credit losses 40 353 17 — 716 1,126 Net interest income (expense) after provision for credit losses 1,849 391 1,111 (101) 425 3,675 Noninterest income 388 420 295 549 9,880 11,532 Noninterest expense 1,349 615 900 357 622 3,843 Income before income taxes 888 196 506 91 9,683 11,364 Income tax expense (benefit) 222 55 136 23 (24) 412 Net income $ 666 $ 141 $ 370 $ 68 $ 9,707 $ 10,952

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 21 — COMMITMENTS AND CONTINGENCIES Commitments To meet the financing needs of its customers, BancShares and its subsidiaries have financial instruments with off-balance sheet risk. These financial instruments involve elements of credit, interest rate or liquidity risk and include commitments to extend credit and standby letters of credit. The accompanying table summarizes credit-related commitments and other purchase and funding commitments: dollars in millions September 30, 2024 December 31, 2023 Financing Commitments Financing assets (excluding leases) $ 56,147 $ 57,567 Letters of Credit Standby letters of credit 2,261 2,412 Other letters of credit 108 103 Deferred Purchase Agreements 1,902 2,076 Purchase and Funding Commitments (1) 372 685 (1) BancShares’ purchase and funding commitments relate to the equipment leasing businesses’ commitments to fund Rail’s railcar manufacturer purchase and upgrade commitments. Financing Commitments Commitments to extend credit are legally binding agreements to lend to customers. These commitments generally have fixed expiration dates or other termination clauses and may require payment of fees. Established credit standards control the credit risk exposure associated with these commitments. In some cases, BancShares requires collateral be pledged to secure the commitment, including cash deposits, securities and other assets. Financing commitments, referred to as loan commitments or lines of credit, primarily reflect BancShares’ agreements to lend to its customers, subject to the customers’ compliance with contractual obligations. At September 30, 2024 and 2023, substantially all undrawn financing commitments were senior facilities. Financing commitments also include $76 million and $66 million at September 30, 2024 and December 31, 2023, respectively, related to off-balance sheet commitments to fund equity investments. Commitments to fund equity investments are contingent on events that have yet to occur and may be subject to change. As financing commitments may not be fully drawn, may expire unused, may be reduced or canceled at the customer’s request, and may require the customer to be in compliance with certain conditions, commitment amounts do not necessarily reflect actual future cash flow requirements. The table above excludes uncommitted revolving credit facilities extended by Commercial Services to its clients for working capital purposes. In connection with these facilities, Commercial Services has the sole discretion throughout the duration of these facilities to determine the amount of credit that may be made available to its clients at any time and whether to honor any specific advance requests made by its clients under these credit facilities. Letters of Credit Standby letters of credit are commitments to pay the beneficiary thereof if drawn upon by the beneficiary upon satisfaction of the terms of the letter of credit. Those commitments are primarily issued to support public and private borrowing arrangements. To mitigate its risk, BancShares’ credit policies govern the issuance of standby letters of credit. The credit risk related to the issuance of these letters of credit is essentially the same as in extending loans to clients and, therefore, these letters of credit are collateralized when necessary. These financial instruments generate fees and involve, to varying degrees, elements of credit risk in excess of amounts recognized in the Consolidated Balance Sheets. Deferred Purchase Agreements A deferred purchase agreement (“DPA”) is provided in conjunction with factoring, whereby a client is provided with credit protection for trade receivables without purchasing the receivables. The trade receivables terms generally require payment in 90 days or less. If the client’s customer is unable to pay an undisputed receivable solely as the result of credit risk, BancShares is then required to purchase the receivable from the client, less any borrowings for such client based on such defaulted receivable. The outstanding amount in the table above, less $177 million and $143 million at September 30, 2024 and December 31, 2023, respectively, of borrowings for such clients, is the maximum amount that BancShares would be required to pay under all DPAs. This maximum amount would only occur if all receivables subject to DPAs default in the manner described above, thereby requiring BancShares to purchase all such receivables from the DPA clients. The table above includes $1.86 billion and $1.92 billion of DPA exposures at September 30, 2024 and December 31, 2023, respectively, related to receivables on which BancShares has assumed the credit risk. The table also includes $45 million and $161 million available under DPA credit line agreements provided at September 30, 2024 and December 31, 2023, respectively. The DPA credit line agreements specify a contractually committed amount of DPA credit protection and are cancellable by us only after a notice period, which is typically 90 days or less. Litigation and Other Contingencies The Parent Company and certain of its subsidiaries have been named as a defendant in legal actions arising from its normal business activities in which damages in various amounts are claimed. BancShares is also exposed to litigation risk relating to the prior business activities of banks from which assets were acquired and liabilities assumed. BancShares is involved, and from time to time in the future may be involved, in a number of pending and threatened judicial, regulatory, and arbitration proceedings as well as proceedings, investigations, examinations and other actions brought or considered by governmental and self-regulatory agencies. These matters arise in connection with the ordinary conduct of BancShares’ business. At any given time, BancShares may also be in the process of responding to subpoenas, requests for documents, data and testimony relating to such matters and engaging in discussions to resolve the matters (all of the foregoing collectively being referred to as “Litigation”). While most Litigation relates to individual claims, BancShares may be subject to putative class action claims and similar broader claims and indemnification obligations. In light of the inherent difficulty of predicting the outcome of Litigation matters and indemnification obligations, particularly when such matters are in their early stages or where the claimants seek indeterminate damages, BancShares cannot state with confidence what the eventual outcome of the pending Litigation will be, what the timing of the ultimate resolution of these matters will be, or what the eventual loss, fines, or penalties related to each pending matter will be, if any. In accordance with applicable accounting guidance, BancShares’ establishes reserves for Litigation when those matters present loss contingencies as to which it is both probable that a loss will occur and the amount of such loss can reasonably be estimated. Based on currently available information, BancShares believes that the outcome of Litigation that is currently pending will not have a material adverse effect on BancShares’ financial condition, but may be material to BancShares’ operating results or cash flows for any particular period, depending in part on its operating results for that period. The actual results of resolving such matters may be substantially higher than the amounts reserved. For certain Litigation matters in which BancShares is involved, BancShares is able to estimate a range of reasonably possible losses in excess of established reserves and insurance. For other matters for which a loss is probable or reasonably possible, such an estimate cannot be determined. For Litigation and other matters where losses are reasonably possible, management currently estimates an aggregate range of reasonably possible losses of up to $10 million in excess of any established reserves and any insurance we reasonably believe we will collect related to those matters. This estimate represents reasonably possible losses (in excess of established reserves and insurance) over the life of such Litigation, which may span a currently indeterminable number of years, and is based on information currently available as of September 30, 2024. The Litigation matters underlying the estimated range will change from time to time, and actual results may vary significantly from this estimate. Those Litigation matters for which an estimate is not reasonably possible or as to which a loss does not appear to be reasonably possible, based on current information, are not included within this estimated range and, therefore, this estimated range does not represent BancShares’ maximum loss exposure. The foregoing statements about BancShares’ Litigation are based on BancShares’ judgments, assumptions, and estimates and are necessarily subjective and uncertain. In the event of unexpected future developments, it is possible that the ultimate resolution of these cases, matters, and proceedings, if unfavorable, may be material to BancShares’ consolidated financial position in a particular period.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net income	$ 639	$ 752	$ 2,077	$ 10,952

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation and Basis of Presentation These consolidated financial statements and notes thereto are presented in accordance with instructions for Form 10-Q and Article 10 of Regulation S-X and, therefore, do not include all information and notes necessary for a complete presentation of financial position, results of operations and cash flow activity required in accordance with accounting principles generally accepted in the United States of America (“GAAP”). In the opinion of management, all normal recurring adjustments necessary for a fair presentation of the consolidated financial position and consolidated results of operations have been made. The unaudited interim consolidated financial statements included in this Quarterly Report on Form 10-Q (this “Form 10-Q”) should be read in conjunction with the Consolidated Financial Statements and Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2023 (“2023 Form 10-K”). Interim results are not necessarily indicative of results for a full year.
Basis of Presentation	Principles of Consolidation and Basis of Presentation These consolidated financial statements and notes thereto are presented in accordance with instructions for Form 10-Q and Article 10 of Regulation S-X and, therefore, do not include all information and notes necessary for a complete presentation of financial position, results of operations and cash flow activity required in accordance with accounting principles generally accepted in the United States of America (“GAAP”). In the opinion of management, all normal recurring adjustments necessary for a fair presentation of the consolidated financial position and consolidated results of operations have been made. The unaudited interim consolidated financial statements included in this Quarterly Report on Form 10-Q (this “Form 10-Q”) should be read in conjunction with the Consolidated Financial Statements and Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2023 (“2023 Form 10-K”). Interim results are not necessarily indicative of results for a full year.
Reclassifications	Reclassifications Financial Statements In certain instances, amounts reported in the 2023 consolidated financial statements have been reclassified to conform to the current financial statement presentation. Such reclassifications had no effect on previously reported stockholders’ equity or net income. Reportable Segments At December 31, 2023, BancShares reported its financial results in the General Bank, Commercial Bank, Silicon Valley Bank (“SVB”), and Rail segments. All other financial information was included in the “Corporate” section of the segment disclosures. We made the following changes to our segment reporting during the first quarter of 2024: • the private banking and wealth management components of the SVB segment were integrated into the General Bank segment, which already included other wealth management activities; • the SVB segment was renamed SVB Commercial as its customers primarily include commercial clients in key innovation markets, as well as private equity and venture capital clients; and • the Direct Bank (a nationwide digital banking platform that delivers deposit products to consumers) previously allocated to the General Bank segment was transitioned to Corporate, which already included borrowings and brokered deposits. Segment disclosures for 2023 periods included in this Form 10-Q were recast to reflect the segment reporting changes summarized above. Refer to Note 20—Business Segment Information for additional information. Loan Classes At December 31, 2023, our disclosures for loans and leases and the allowance for loan and lease losses (“ALLL”) were aggregated into Commercial, Consumer, and SVB portfolios, each of which consisted of several loan classes. The SVB portfolio consisted of the following loan classes: global fund banking, investor dependent - early stage, investor dependent - growth stage, innovation Commercial and Industrial (“innovation C&I”) and cash flow dependent, private bank, commercial real estate (“CRE”), and “other.” For further information, refer to Note 1—Significant Accounting Policies and Basis of Presentation in the Notes to the Consolidated Financial Statements included in our 2023 Form 10-K. During the first quarter of 2024, the private bank, CRE, and “other” loan classes described below, which were reported in the SVB portfolio at December 31, 2023, were recast to the applicable loan classes within the Commercial and Consumer portfolios. • The private bank loan class included loans to clients who are primarily private equity or venture capital professionals and executives in the innovation companies, as well as high net worth clients. This loan class included mortgages, home equity lines of credit, restricted and private stock loans, personal capital call lines of credit, lines of credit against liquid assets, and other secured and unsecured lending products. In addition, this class included owner occupied commercial mortgages and real estate secured loans. • The CRE loan class consisted generally of acquisition financing loans for commercial properties including office buildings, retail properties, apartment buildings and industrial/warehouse space. • The “other” loan class included smaller acquired portfolios, such as commercial and industrial, premium wine, and other acquired portfolios. Certain loans secured by other nonfarm, nonresidential properties, which were reported in the owner occupied commercial mortgage loan class at December 31, 2023, were recast to the non-owner occupied commercial mortgage loan class during the first quarter of 2024.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions impact the amounts reported in the consolidated financial statements and accompanying notes and the disclosures provided, and actual results could differ from those estimates. The significant estimate related to the determination of the ALLL is considered a critical accounting estimate.
Derivative Assets and Liabilities	Derivative Assets and Liabilities During the second quarter of 2024, BancShares entered into floating-rate loan portfolio cash flow hedges as further discussed in Note 12—Derivative Financial Instruments. The changes in fair value of the hedging instrument in a cash flow hedge are reported in Accumulated Other Comprehensive Income (“AOCI”) and subsequently reclassified to earnings during the periods in which the hedged cash flows affect earnings. The recognized gains and losses on loan portfolio cash flow hedges are reported in “interest and fees on loans” on the Consolidated Statements of Income when reclassified from AOCI to earnings. We assess hedge effectiveness at inception and on an ongoing basis. If an accounting hedge subsequently ceases to qualify as an effective hedge or the forecasted cash flows are no longer probable of occurring in a cash flow hedge within the specified period, hedge accounting will be discontinued. Any amounts in AOCI related to a discontinued cash flow hedge will be reclassified to earnings over the same periods in which the hedged cash flows affect earnings. However, if it becomes probable that the forecasted cash flows will not occur within the specified period, any related amounts in AOCI will be reclassified to earnings immediately.
Newly Adopted Accounting Standards	Newly Adopted Accounting Standards As of January 1, 2024, BancShares adopted the following Accounting Standards Updates (“ASUs”) issued by the Financial Accounting Standards Board (“FASB”): ASU 2023-02 – Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method, Issued March 2023 The amendments in this ASU allow entities to elect to account for qualifying tax equity investments using the proportional amortization method (“PAM”), regardless of the program giving rise to the related income tax credits. PAM accounting had been available only for qualifying investments in qualified affordable housing projects. This ASU also requires disclosure of the nature of the investor’s tax equity investments and the effect of income tax credits and other income tax benefits from tax equity investments on the investor’s balance sheet and income statement. These required disclosures are included in Note 8—Variable Interest Entities. Adoption of this ASU did not have a material impact on our consolidated financial statements or disclosures. ASU 2022-03 – Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions, Issued June 2022 The amendments in this ASU clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. This ASU also requires specific disclosures for equity securities subject to contractual sale restrictions. Adoption of this ASU did not have a material impact on our consolidated financial statements or disclosures.

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Business Acquisitions	The following table provides the final purchase price allocation, including Measurement Period Adjustments, to the identifiable assets acquired and liabilities assumed at their estimated fair values as of the SVBB Acquisition Date. Fair Value Purchase Price Allocation dollars in millions Fair Value Purchase Price Allocation as of March 27, 2023 Purchase price consideration Purchase Money Note (1) $ 35,808 Value Appreciation Instrument 500 Purchase price consideration $ 36,308 Assets Cash and due from banks $ 1,310 Interest-earning deposits at banks 34,001 Investment securities available for sale 385 Loans and leases, net of the initial PCD ALLL 68,468 Affordable housing tax credit and other unconsolidated investments 1,273 Premises and equipment 308 Core deposit intangibles 230 Other assets 1,564 Total assets acquired $ 107,539 Liabilities Deposits $ 56,014 Borrowings 10 Deferred tax liabilities 3,364 Other liabilities 2,035 Total liabilities assumed $ 61,423 Fair value of net assets acquired 46,116 Gain on acquisition, after income taxes (2) (3) $ 9,808 Gain on acquisition, before income taxes (2) $ 13,172 (1) The principal amount of the Purchase Money Note is the carrying value of net assets acquired of approximately $52.52 billion less the asset discount of $16.45 billion pursuant to the SVBB Purchase Agreement. The $35.81 billion above is net of a fair value discount of approximately $264 million. (2) The difference between the gain on acquisition before and after taxes reflects the deferred tax liabilities recorded in the SVBB Acquisition. (3) The $9.81 billion gain on acquisition includes Measurement Period Adjustments, whereas the $9.89 billion gain on acquisition in the Consolidated Statements of Income for the nine months ended September 30, 2023 was preliminary as Measurement Period Adjustments were recorded after September 30, 2023. Loans and Leases Acquired dollars in millions Loans and Leases UPB Fair Value Non-PCD loans and leases $ 68,719 $ 66,422 PCD loans and leases 2,568 2,046 Total loans and leases, before PCD gross-up $ 71,287 $ 68,468 The following table summarizes PCD loans and leases that BancShares acquired in the SVBB Acquisition. PCD Loans and Leases dollars in millions Total PCD Loans from SVBB Acquisition UPB $ 2,568 Fair value 2,046 Total fair value discount 522 Less: discount for loans with $0 fair value at SVBB Acquisition Date 26 Less: PCD gross-up 220 Non-credit discount (1) $ 276 (1)
Schedule of Valuation of Core Deposits Intangible	The following table presents the core deposit intangible recorded related to the valuation of core deposits: Core Deposit Intangible dollars in millions Fair Value Estimated Useful Life Amortization Method Core deposit intangible $ 230 8 years Effective yield
Schedule of Other Assets Acquired and Other Liabilities Assumed	The following table details other assets acquired: Other Assets dollars in millions Fair Value Accrued interest receivable $ 431 Federal Home Loan Bank stock and Federal Reserve Bank stock 320 Fair value of derivative financial instruments 458 Other 355 Total other assets $ 1,564 The following table details other liabilities assumed: dollars in millions Fair Value Commitments to fund tax credit investments $ 715 Fair value of derivative financial instruments 497 Reserve for off-balance sheet credit exposures 253 Accrued interest payable 109 Other 461 Total other liabilities $ 2,035

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Investments [Abstract]
Schedule of Amortized Cost and Fair Value of Investment Securities	The following tables include the amortized cost and fair value of investment securities at September 30, 2024 and December 31, 2023. Amortized Cost and Fair Value - Investment Securities dollars in millions September 30, 2024 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 11,765 $ 78 $ (26) $ 11,817 Government agency 87 — (2) 85 Residential mortgage-backed securities 13,201 234 (419) 13,016 Commercial mortgage-backed securities 2,925 25 (172) 2,778 Corporate bonds 507 — (30) 477 Municipal bonds 17 — — 17 Total investment securities available for sale $ 28,502 $ 337 $ (649) $ 28,190 Investment in marketable equity securities $ 70 $ 18 $ (6) $ 82 Investment securities held to maturity U.S. Treasury $ 482 $ — $ (27) $ 455 Government agency 1,512 — (99) 1,413 Residential mortgage-backed securities 4,667 37 (545) 4,159 Commercial mortgage-backed securities 3,429 — (564) 2,865 Supranational securities 299 — (25) 274 Other 2 — — 2 Total investment securities held to maturity $ 10,391 $ 37 $ (1,260) $ 9,168 Total investment securities $ 38,963 $ 392 $ (1,915) $ 37,440 December 31, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 10,554 $ 34 $ (80) $ 10,508 Government agency 120 — (3) 117 Residential mortgage-backed securities 7,154 72 (540) 6,686 Commercial mortgage-backed securities 2,319 9 (197) 2,131 Corporate bonds 529 — (47) 482 Municipal bonds 12 — — 12 Total investment securities available for sale $ 20,688 $ 115 $ (867) $ 19,936 Investment in marketable equity securities $ 75 $ 17 $ (8) $ 84 Investment securities held to maturity U.S. Treasury $ 479 $ — $ (40) $ 439 Government agency 1,506 — (143) 1,363 Residential mortgage-backed securities 4,205 — (644) 3,561 Commercial mortgage-backed securities 3,489 — (614) 2,875 Supranational securities 298 — (35) 263 Other 2 — — 2 Total investment securities held to maturity $ 9,979 $ — $ (1,476) $ 8,503 Total investment securities $ 30,742 $ 132 $ (2,351) $ 28,523
Schedule of Investment Securities Maturity Information	The following table provides the amortized cost and fair value by contractual maturity. Expected maturities will differ from contractual maturities on certain securities because borrowers and issuers may have the right to call or prepay obligations with or without prepayment penalties. Residential and commercial mortgage-backed and government agency securities are stated separately as they are not due at a single maturity date. Maturities - Debt Securities dollars in millions September 30, 2024 December 31, 2023 Amortized Cost Fair Value Amortized Cost Fair Value Investment securities available for sale Non-amortizing securities maturing in: One year or less $ 6,014 $ 6,013 $ 5,674 $ 5,658 After one through five years 5,880 5,925 4,996 4,959 After five through 10 years 373 352 408 369 After 10 years 22 21 17 16 Government agency 87 85 120 117 Residential mortgage-backed securities 13,201 13,016 7,154 6,686 Commercial mortgage-backed securities 2,925 2,778 2,319 2,131 Total investment securities available for sale $ 28,502 $ 28,190 $ 20,688 $ 19,936 Investment securities held to maturity Non-amortizing securities maturing in: One year or less $ 186 $ 182 $ 27 $ 26 After one through five years 1,564 1,477 1,636 1,508 After five through 10 years 545 485 622 533 Residential mortgage-backed securities 4,667 4,159 4,205 3,561 Commercial mortgage-backed securities 3,429 2,865 3,489 2,875 Total investment securities held to maturity $ 10,391 $ 9,168 $ 9,979 $ 8,503
Schedule of Interest and Dividends on Investment Securities	T he following table presents interest and dividend income on investment securities: Interest and Dividends on Investment Securities dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Interest income - taxable investment securities $ 357 $ 178 $ 967 $ 402 Interest income - nontaxable investment securities — 2 1 4 Dividend income - marketable equity securities 1 — 2 1 Interest on investment securities $ 358 $ 180 $ 970 $ 407
Schedule of Realized Losses	The following table presents the gross realized losses on the sales of investment securities available for sale. Realized Losses on Debt Securities Available For Sale dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Gross realized gains on sales of investment securities available for sale $ — $ — $ — $ — Gross realized losses on sales of investment securities available for sale — (12) — (26) Net realized losses on sales of investment securities available for sale $ — $ (12) $ — $ (26)
Schedule of Unrealized Losses on Available-for-sale Securities	The following table provides information regarding investment securities available for sale with unrealized losses: Gross Unrealized Losses on Debt Securities Available For Sale dollars in millions September 30, 2024 Less than 12 months 12 months or more Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Investment securities available for sale U.S. Treasury $ 304 $ — $ 1,370 $ (26) $ 1,674 $ (26) Government agency — — 85 (2) 85 (2) Residential mortgage-backed securities 260 (1) 3,816 (418) 4,076 (419) Commercial mortgage-backed securities 91 (1) 1,314 (171) 1,405 (172) Corporate bonds 4 — 456 (30) 460 (30) Total $ 659 $ (2) $ 7,041 $ (647) $ 7,700 $ (649) December 31, 2023 Less than 12 months 12 months or more Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Investment securities available for sale U.S. Treasury $ 955 $ — $ 1,919 $ (80) $ 2,874 $ (80) Government agency 23 — 94 (3) 117 (3) Residential mortgage-backed securities 293 (3) 4,073 (537) 4,366 (540) Commercial mortgage-backed securities 157 (1) 1,386 (196) 1,543 (197) Corporate bonds 89 (9) 393 (38) 482 (47) Total $ 1,517 $ (13) $ 7,865 $ (854) $ 9,382 $ (867)

LOANS AND LEASES (Tables)

LOANS AND LEASES (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Schedule of Loans by Class	Loans by Class dollars in millions September 30, 2024 December 31, 2023 Commercial Commercial construction $ 4,924 $ 3,918 Owner occupied commercial mortgage 16,372 15,471 Non-owner occupied commercial mortgage 16,078 14,995 Commercial and industrial 30,867 29,794 Leases 2,020 2,054 Total commercial 70,261 66,232 Consumer Residential mortgage 23,237 22,776 Revolving mortgage 2,455 2,165 Consumer auto 1,543 1,442 Consumer other 1,347 1,176 Total consumer 28,582 27,559 SVB Global fund banking 27,114 25,553 Investor dependent - early stage 1,128 1,403 Investor dependent - growth stage 2,434 2,897 Innovation C&I and cash flow dependent 9,176 9,658 Total SVB 39,852 39,511 Total loans and leases $ 138,695 $ 133,302
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 September 30, 2024 December 31, 2023 Deferred fees, including unamortized costs and unearned fees on non-PCD loans $ (86) $ (72) Net unamortized discount on acquired loans Non-PCD $ 1,577 $ 1,860 PCD 111 176 Total net unamortized discount $ 1,688 $ 2,036
Schedule of Loans and Leases Delinquency Status and Nonaccrual Status	The aging of the outstanding loans and leases by class at September 30, 2024 and December 31, 2023 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 September 30, 2024 30-59 Days 60-89 Days 90 Days or Total Current Total Commercial Commercial construction $ 42 $ 12 $ 3 $ 57 $ 4,867 $ 4,924 Owner occupied commercial mortgage 37 29 27 93 16,279 16,372 Non-owner occupied commercial mortgage 8 22 379 409 15,669 16,078 Commercial and industrial 126 46 83 255 30,612 30,867 Leases 31 15 10 56 1,964 2,020 Total commercial 244 124 502 870 69,391 70,261 Consumer Residential mortgage 132 33 100 265 22,972 23,237 Revolving mortgage 18 6 11 35 2,420 2,455 Consumer auto 11 3 3 17 1,526 1,543 Consumer other 6 3 4 13 1,334 1,347 Total consumer 167 45 118 330 28,252 28,582 SVB Global fund banking — — — — 27,114 27,114 Investor dependent - early stage 2 3 2 7 1,121 1,128 Investor dependent - growth stage — 3 6 9 2,425 2,434 Innovation C&I and cash flow dependent 14 3 2 19 9,157 9,176 Total SVB 16 9 10 35 39,817 39,852 Total loans and leases $ 427 $ 178 $ 630 $ 1,235 $ 137,460 $ 138,695 December 31, 2023 30-59 Days 60-89 Days 90 Days or Total Current Total Commercial Commercial construction $ 43 $ 8 $ 2 $ 53 $ 3,865 $ 3,918 Owner occupied commercial mortgage 21 10 47 78 15,393 15,471 Non-owner occupied commercial mortgage 100 188 283 571 14,424 14,995 Commercial and industrial 177 49 116 342 29,452 29,794 Leases 55 15 21 91 1,963 2,054 Total commercial 396 270 469 1,135 65,097 66,232 Consumer Residential mortgage 136 33 73 242 22,534 22,776 Revolving mortgage 15 3 11 29 2,136 2,165 Consumer auto 9 3 2 14 1,428 1,442 Consumer other 8 3 4 15 1,161 1,176 Total consumer 168 42 90 300 27,259 27,559 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 Total SVB 42 17 56 115 39,396 39,511 Total loans and leases $ 606 $ 329 $ 615 $ 1,550 $ 131,752 $ 133,302 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 September 30, 2024 and December 31, 2023 are presented below. Loans on Nonaccrual Status (1) (2) dollars in millions September 30, 2024 December 31, 2023 Nonaccrual Loans Loans > Nonaccrual Loans Loans > Commercial Commercial construction $ 4 $ 3 $ 2 $ 1 Owner occupied commercial mortgage 76 7 60 8 Non-owner occupied commercial mortgage 469 86 411 39 Commercial and industrial 288 24 194 59 Leases 31 1 31 7 Total commercial 868 121 698 114 Consumer Residential mortgage 138 7 127 4 Revolving mortgage 22 — 21 — Consumer auto 7 — 5 — Consumer other 2 3 1 3 Total consumer 169 10 154 7 SVB Global fund banking — — — — Investor dependent - early stage 56 — 37 2 Investor dependent - growth stage 35 — 37 — Innovation C&I and cash flow dependent 116 — 43 — Total SVB 207 — 117 2 Total loans and leases $ 1,244 $ 131 $ 969 $ 123 (1) Accrued interest that was reversed when the loan went to nonaccrual status was $11 million for the nine months ended September 30, 2024 and $10 million for the year ended December 31, 2023. (2) Nonaccrual loans for which there was no related ALLL totaled $303 million at September 30, 2024 and $138 million at December 31, 2023. The following tables present the amortized cost and performance of loans to borrowers experiencing financial difficulties for which the terms of the loan were modified during the referenced periods. The period of delinquency is based on the number of days the scheduled payment is contractually past due. Modified Loans Payment Status (twelve months ended September 30, 2024) dollars in millions Current 30–59 Days Past Due 60–89 Days Past Due 90 Days or Greater Past Due Total Commercial Commercial construction $ 3 $ — $ — $ — $ 3 Owner occupied commercial mortgage 50 — 9 2 61 Non-owner occupied commercial mortgage 156 1 — 16 173 Commercial and industrial 201 1 — 2 204 Total commercial 410 2 9 20 441 Consumer Residential mortgage 9 1 2 4 16 Revolving mortgage 6 — — — 6 Total consumer 15 1 2 4 22 SVB Investor dependent - early stage 40 — — 1 41 Investor dependent - growth stage 87 — — — 87 Innovation C&I and cash flow dependent 145 — — — 145 Total SVB 272 — — 1 273 Total loans and leases $ 697 $ 3 $ 11 $ 25 $ 736 Modified Loans Payment Status (nine months ended September 30, 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 $ 14 $ — $ — $ — $ 14 Owner occupied commercial mortgage 25 — — — 25 Non-owner occupied commercial mortgage 290 — — 37 327 Commercial and industrial 137 — — — 137 Total commercial 466 — — 37 503 Consumer Residential mortgage 7 1 — — 8 Total consumer 7 1 — — 8 SVB Investor dependent - early stage 24 — 3 — 27 Investor dependent - growth stage 20 — 3 — 23 Innovation C&I and cash flow dependent 63 16 — — 79 Total SVB 107 16 6 — 129 Total loans and leases $ 580 $ 17 $ 6 $ 37 $ 640
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 September 30, 2024 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2024 2023 2022 2021 2020 2019 & Prior Revolving Total Commercial construction Pass $ 817 $ 1,746 $ 1,348 $ 369 $ 165 $ 75 $ 125 $ — $ 4,645 Special Mention — 27 68 31 7 23 — — 156 Substandard — 6 68 9 7 29 — — 119 Doubtful — — — 4 — — — — 4 Ungraded — — — — — — — — — Total commercial construction 817 1,779 1,484 413 179 127 125 — 4,924 Owner occupied commercial mortgage Pass 1,952 2,443 2,832 2,686 2,245 3,191 195 29 15,573 Special Mention 11 39 28 57 34 94 9 — 272 Substandard 13 33 117 53 60 236 10 1 523 Doubtful — — — — — 4 — — 4 Ungraded — — — — — — — — — Total owner occupied commercial mortgage 1,976 2,515 2,977 2,796 2,339 3,525 214 30 16,372 Non-owner occupied commercial mortgage Pass 2,074 3,106 2,798 2,130 1,721 2,450 110 3 14,392 Special Mention — 37 332 57 4 118 — — 548 Substandard 2 1 123 23 137 729 1 — 1,016 Doubtful — — — — 17 105 — — 122 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 2,076 3,144 3,253 2,210 1,879 3,402 111 3 16,078 Commercial and industrial Pass 7,831 5,341 3,868 2,221 1,250 1,584 6,326 58 28,479 Special Mention 87 49 206 231 8 71 99 — 751 Substandard 105 114 231 133 173 247 373 3 1,379 Doubtful 2 25 40 11 2 23 13 — 116 Ungraded — — — — — — 142 — 142 Total commercial and industrial 8,025 5,529 4,345 2,596 1,433 1,925 6,953 61 30,867 Leases Pass 571 558 347 179 112 59 — — 1,826 Special Mention 8 16 31 12 9 — — — 76 Substandard 16 31 24 14 14 9 — — 108 Doubtful 1 3 3 2 1 — — — 10 Ungraded — — — — — — — — — Total leases 596 608 405 207 136 68 — — 2,020 Total commercial $ 13,490 $ 13,575 $ 12,464 $ 8,222 $ 5,966 $ 9,047 $ 7,403 $ 94 $ 70,261 SVB - Risk Classifications by Class September 30, 2024 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2024 2023 2022 2021 2020 2019 & Prior Revolving Total Global fund banking Pass $ 854 $ 220 $ 162 $ 23 $ 16 $ 14 $ 25,792 $ 17 $ 27,098 Special Mention — — — — — — — — — Substandard — — 5 8 2 — 1 — 16 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total global fund banking 854 220 167 31 18 14 25,793 17 27,114 Investor dependent - early stage Pass 242 321 157 18 — — 96 3 837 Special Mention 3 17 1 1 — — — — 22 Substandard 9 69 78 17 — — 44 — 217 Doubtful 19 15 16 — — — 2 — 52 Ungraded — — — — — — — — — Total investor dependent - early stage 273 422 252 36 — — 142 3 1,128 Investor dependent - growth stage Pass 744 681 415 52 — — 202 4 2,098 Special Mention 5 15 9 1 — — 26 — 56 Substandard 26 53 129 17 1 — 18 — 244 Doubtful 8 4 13 9 — — 2 — 36 Ungraded — — — — — — — — — Total investor dependent - growth stage 783 753 566 79 1 — 248 4 2,434 Innovation C&I and cash flow dependent Pass 1,523 1,781 1,476 465 204 25 2,009 — 7,483 Special Mention 108 169 123 55 4 17 91 — 567 Substandard 112 182 254 157 67 — 242 — 1,014 Doubtful — — 7 — — — 105 — 112 Ungraded — — — — — — — — — Total innovation C&I and cash flow dependent 1,743 2,132 1,860 677 275 42 2,447 — 9,176 Total SVB $ 3,653 $ 3,527 $ 2,845 $ 823 $ 294 $ 56 $ 28,630 $ 24 $ 39,852 Consumer Loans - Delinquency Status by Class September 30, 2024 Days Past Due: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2024 2023 2022 2021 2020 2019 & Prior Revolving Total Residential mortgage Current $ 1,783 $ 3,046 $ 5,352 $ 5,244 $ 2,988 $ 4,555 $ 4 $ — $ 22,972 30-59 days 2 9 15 10 14 82 — — 132 60-89 days — — 2 3 4 24 — — 33 90 days or greater — 3 7 10 10 70 — — 100 Total residential mortgage 1,785 3,058 5,376 5,267 3,016 4,731 4 — 23,237 Revolving mortgage Current — — — — — — 2,320 100 2,420 30-59 days — — — — — — 13 5 18 60-89 days — — — — — — 1 5 6 90 days or greater — — — — — — 3 8 11 Total revolving mortgage — — — — — — 2,337 118 2,455 Consumer auto Current 516 400 311 180 82 37 — — 1,526 30-59 days 1 3 3 2 1 1 — — 11 60-89 days — 2 1 — — — — — 3 90 days or greater — 1 1 1 — — — — 3 Total consumer auto 517 406 316 183 83 38 — — 1,543 Consumer other Current 127 172 108 35 6 20 866 — 1,334 30-59 days 1 — — — — 1 4 — 6 60-89 days — 1 — — — — 2 — 3 90 days or greater — — — — — 2 2 — 4 Total consumer other 128 173 108 35 6 23 874 — 1,347 Total consumer $ 2,430 $ 3,637 $ 5,800 $ 5,485 $ 3,105 $ 4,792 $ 3,215 $ 118 $ 28,582 The following tables represent current credit quality indicators by origination year as of December 31, 2023: 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 $ 1,062 $ 1,615 $ 620 $ 226 $ 63 $ 57 $ 39 $ 4 $ 3,686 Special Mention — 10 6 81 47 — — — 144 Substandard — 47 5 31 — 5 — — 88 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total commercial construction 1,062 1,672 631 338 110 62 39 4 3,918 Owner occupied commercial mortgage Pass 2,544 2,859 2,902 2,467 1,666 2,107 193 31 14,769 Special Mention 26 19 24 28 43 72 1 — 213 Substandard 7 91 99 61 45 176 10 — 489 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total owner occupied commercial mortgage 2,577 2,969 3,025 2,556 1,754 2,355 204 31 15,471 Non-owner occupied commercial mortgage Pass 3,132 3,150 2,212 1,860 1,148 1,930 80 3 13,515 Special Mention 14 45 33 96 171 90 9 — 458 Substandard 2 48 27 127 365 330 — — 899 Doubtful — — 2 13 67 39 2 — 123 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 3,148 3,243 2,274 2,096 1,751 2,389 91 3 14,995 Commercial and industrial Pass 8,472 4,858 3,347 1,660 952 1,351 6,818 34 27,492 Special Mention 105 134 149 89 69 26 194 — 766 Substandard 92 236 144 217 127 258 264 4 1,342 Doubtful 2 19 5 — 12 20 13 — 71 Ungraded — — — — — — 123 — 123 Total commercial and industrial 8,671 5,247 3,645 1,966 1,160 1,655 7,412 38 29,794 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 $ 16,239 $ 13,688 $ 9,909 $ 7,192 $ 4,877 $ 6,505 $ 7,746 $ 76 $ 66,232 SVB - Risk Classifications by Class December 31, 2023 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans 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 Total SVB $ 4,560 $ 4,548 $ 1,632 $ 513 $ 129 $ 60 $ 27,996 $ 73 $ 39,511 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 $ 3,155 $ 5,588 $ 5,521 $ 3,174 $ 1,381 $ 3,702 $ 13 $ — $ 22,534 30-59 days 3 16 15 7 10 85 — — 136 60-89 days 1 1 5 4 1 21 — — 33 90 days or greater 1 4 2 6 1 59 — — 73 Total residential mortgage 3,160 5,609 5,543 3,191 1,393 3,867 13 — 22,776 Revolving mortgage Current — — — — — — 2,056 80 2,136 30-59 days — — — — — — 11 4 15 60-89 days — — — — — — 1 2 3 90 days or greater — — — — — — 6 5 11 Total revolving mortgage — — — — — — 2,074 91 2,165 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 215 170 52 8 5 21 690 — 1,161 30-59 days 1 1 — — — — 6 — 8 60-89 days — — — — — 1 2 — 3 90 days or greater — — — — — 2 2 — 4 Total consumer other 216 171 52 8 5 24 700 — 1,176 Total consumer $ 3,903 $ 6,212 $ 5,860 $ 3,331 $ 1,455 $ 3,920 $ 2,787 $ 91 $ 27,559
Schedule of Troubled Debt Restructuring	Gross charge-off vintage disclosures by origination year and loan class are summarized in the following tables: Nine Months Ended September 30, 2024 Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2024 2023 2022 2021 2020 2019 & Prior Revolving Total Commercial Owner occupied commercial mortgage $ — $ — $ — $ — $ — $ 8 $ — $ — $ 8 Non-owner occupied commercial mortgage — — — — 19 70 — — 89 Commercial and industrial 8 33 65 15 4 9 38 1 173 Leases 1 4 4 4 2 2 — — 17 Total commercial 9 37 69 19 25 89 38 1 287 Consumer Residential mortgage — — — — — 1 — — 1 Consumer auto — 2 1 1 — — — — 4 Consumer other — 1 1 1 — 1 12 — 16 Total consumer — 3 2 2 — 2 12 — 21 SVB Investor dependent - early stage — 28 40 18 2 — 6 — 94 Investor dependent - growth stage — 9 23 9 1 4 1 — 47 Innovation C&I and cash flow dependent — 2 — — — 1 12 — 15 Total SVB — 39 63 27 3 5 19 — 156 Total loans and leases $ 9 $ 79 $ 134 $ 48 $ 28 $ 96 $ 69 $ 1 $ 464 Nine Months Ended September 30, 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 — — — — 48 12 — — 60 Commercial and industrial 5 53 22 7 4 11 26 1 129 Leases 1 7 4 3 1 1 — — 17 Total commercial 6 60 26 10 53 24 27 1 207 Consumer Residential mortgage — — — — — 2 — — 2 Consumer auto — 1 1 1 — — — — 3 Consumer other 5 1 1 — — — 9 — 16 Total consumer 5 2 2 1 — 2 9 — 21 SVB Investor dependent - early stage 1 17 18 3 — — 10 — 49 Investor dependent - growth stage 24 40 17 13 — — 1 — 95 Innovation C&I and cash flow dependent 7 — — 40 — — 18 — 65 Total SVB 32 57 35 56 — — 29 — 209 Total loans and leases $ 43 $ 119 $ 63 $ 67 $ 53 $ 26 $ 65 $ 1 $ 437 The following tables present the amortized cost of loan modifications made to debtors experiencing financial difficulty, disaggregated by class and type of loan modification. The tables also provide financial effects by type of such loan modifications for the respective loan class. Amortized Cost of Loans Modified during the three months ended September 30, 2024 dollars in millions Term Extension (1) Payment Delay Interest Rate Reduction Term Extension (1) and Interest Rate Reduction Term Extension (1) and Payment Delay Total Percent of Total Loan Class Commercial Owner occupied commercial mortgage $ 15 $ 1 $ — 8 $ — $ 24 0.15 % Non-owner occupied commercial mortgage 30 6 — — — 36 0.22 Commercial and industrial 100 — — 3 1 104 0.34 Total commercial 145 7 — 11 1 164 0.23 Consumer Residential mortgage 1 — — 1 — 2 0.01 Revolving mortgage 1 — — — — 1 0.05 Total consumer 2 — — 1 — 3 0.01 SVB Investor dependent - early stage — 15 — — 2 17 1.54 Investor dependent - growth stage 6 19 — — 6 31 1.29 Innovation C&I and cash flow dependent 40 — — — — 40 0.43 Total SVB 46 34 — — 8 88 0.22 Total loans and leases $ 193 $ 41 $ — $ 12 $ 9 $ 255 0.18 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. Amortized Cost of Loans Modified during the three months ended September 30, 2023 dollars in millions Term Extension (1) Payment Delay Interest Rate Reduction Term Extension (1) and Interest Rate Reduction Other Combinations Total Percent of Total Loan Class Commercial Commercial construction $ 13 $ — $ — $ — $ — $ 13 0.34 % Owner occupied commercial mortgage 1 — — — — 1 0.01 Non-owner occupied commercial mortgage 155 — — — — 155 1.09 Commercial and industrial 44 13 — 3 — 60 0.21 Total commercial 213 13 — 3 — 229 0.36 Consumer Residential mortgage 3 — — — — 3 0.01 Total consumer 3 — — — — 3 0.01 SVB Investor dependent - early stage 2 12 — 6 — 20 1.17 Investor dependent - growth stage 9 14 — — — 23 0.58 Innovation C&I and cash flow dependent 20 — — — — 20 0.23 Total SVB 31 26 — 6 — 63 0.15 Total loans and leases $ 247 $ 39 $ — $ 9 $ — $ 295 0.22 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. Financial Effects of Loan Modifications made during the three months ended September 30, 2024 dollars in millions Weighted Average Term Extension (in Months) Weighted Average Interest Rate Reduction Weighted Average Payment Delay (in Months) Amount of Principal Forgiven Commercial Commercial construction 36 0.60 % — $ — Owner occupied commercial mortgage 17 1.82 6 — Non-owner occupied commercial mortgage 7 — 6 — Commercial and industrial 17 2.61 6 — Leases 11 — — — Total commercial 15 2.03 6 — Consumer Residential mortgage 47 2.07 11 — Revolving mortgage 60 5.42 — — Consumer auto 31 — — — Consumer other 60 10.54 — — Total consumer 52 3.29 11 — SVB Investor dependent - early stage 6 — 7 — Investor dependent - growth stage 9 — 6 — Innovation C&I and cash flow dependent 12 — — — Total SVB 11 — 6 — Total loans and leases 14 2.19 % 6 $ — Financial Effects of Loan Modifications made during the three months ended September 30, 2023 dollars in millions Weighted Average Term Extension (in Months) Weighted Average Interest Rate Reduction Weighted Average Payment Delay (in Months) Amount of Principal Forgiven Commercial Commercial construction 3 — % — $ — Owner occupied commercial mortgage 19 4.25 — — Non-owner occupied commercial mortgage 6 — — — Commercial and industrial 14 2.11 7 — Total commercial 8 2.12 7 — Consumer Residential mortgage 91 5.25 — — Revolving mortgage 58 3.40 — — Consumer other 36 7.63 — — Total consumer 88 4.41 — — SVB Investor dependent - early stage 10 1.00 5 — Investor dependent - growth stage 11 — 5 — Innovation C&I and cash flow dependent 4 — — — Total SVB 7 1.00 5 — Total loans and leases 9 1.49 % 6 $ — Amortized Cost of Loans Modified during the nine months ended September 30, 2024 dollars in millions Term Extension (1) Payment Delay Interest Rate Reduction Term Extension (1) and Interest Rate Reduction Term Extension (1) and Payment Delay Other Combinations (2) Total Percent of Total Loan Class Commercial Commercial construction $ 3 $ — $ — $ — $ — $ — $ 3 0.06 % Owner occupied commercial mortgage 36 1 4 9 9 — 59 0.36 Non-owner occupied commercial mortgage 108 6 — — 26 — 140 0.88 Commercial and industrial 133 24 31 12 1 — 201 0.65 Total commercial 280 31 35 21 36 — 403 0.57 Consumer Residential mortgage 7 — — 1 — — 8 0.04 Revolving mortgage 4 — — 1 — — 5 0.20 Total consumer 11 — — 2 — — 13 0.05 SVB Investor dependent - early stage — 23 — — 17 1 41 3.55 Investor dependent - growth stage 7 55 — — 16 — 78 3.22 Innovation C&I and cash flow dependent 58 67 — — — — 125 1.36 Total SVB 65 145 — — 33 1 244 0.61 Total loans and leases $ 356 $ 176 $ 35 $ 23 $ 69 $ 1 $ 660 0.48 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. (2) Consists of $1 million of Investor dependent - early stage loans modified with a term extension, interest rate reduction, and payment delay. Amortized Cost of Loans Modified during the nine months ended September 30, 2023 dollars in millions Term Extension (1) Payment Delay Interest Rate Reduction Term Extension (1) and Interest Rate Reduction Term Extension (1) and Payment Delay Other Combinations Total Percent of Total Loan Class Commercial Commercial construction $ 14 $ — $ — $ — $ — $ — $ 14 0.35 % Owner occupied commercial mortgage 23 — 2 — — — 25 0.15 Non-owner occupied commercial mortgage 327 — — — — — 327 2.29 Commercial and industrial 106 28 — 3 — — 137 0.48 Total commercial 470 28 2 3 — — 503 0.78 Consumer Residential mortgage 5 — — 3 — — 8 0.04 Total consumer 5 — — 3 — — 8 0.03 SVB Investor dependent - early stage 3 18 — 6 — — 27 1.59 Investor dependent - growth stage 9 14 — — — — 23 0.58 Innovation C&I and cash flow dependent 79 — — — — — 79 0.90 Total SVB 91 32 — 6 — — 129 0.31 Total loans and leases $ 566 $ 60 $ 2 $ 12 $ — $ — $ 640 0.48 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. Financial Effects of Loan Modifications made during the nine months ended September 30, 2024 dollars in millions Weighted Average Term Extension (in Months) Weighted Average Interest Rate Reduction Weighted Average Payment Delay (in Months) Amount of Principal Forgiven Commercial Commercial construction 15 0.60 % — $ — Owner occupied commercial mortgage 28 1.67 18 — Non-owner occupied commercial mortgage 20 — 40 — Commercial and industrial 16 0.71 11 — Leases 11 — 6 — Total commercial 20 0.93 26 — Consumer Residential mortgage 70 2.09 11 — Revolving mortgage 60 4.73 — — Consumer auto 29 0.26 — — Consumer other 57 9.65 — — Total consumer 66 3.41 11 — SVB Investor dependent - early stage 9 2.75 8 — Investor dependent - growth stage 12 — 8 — Innovation C&I and cash flow dependent 12 — 12 — Total SVB 11 2.75 9 — Total loans and leases 19 1.07 % 14 $ — Financial Effects of Loan Modifications made during the nine months ended September 30, 2023 dollars in millions Weighted Average Term Extension (in Months) Weighted Average Interest Rate Reduction Weighted Average Payment Delay (in Months) Amount of Principal Forgiven Commercial Commercial construction 4 — % — $ — Owner occupied commercial mortgage 14 3.53 — — Non-owner occupied commercial mortgage 11 — — — Commercial and industrial 19 2.25 6 — Total commercial 13 2.66 6 — Consumer Residential mortgage 76 3.52 — — Revolving mortgage 57 2.44 — — Consumer auto 25 0.70 — — Consumer other 54 8.47 — — Total consumer 74 3.56 — — SVB Investor dependent - early stage 9 1.00 5 — Investor dependent - growth stage 11 — 5 — Innovation C&I and cash flow dependent 4 — — — Total SVB 5 1.00 5 — Total loans and leases 13 2.21 % 6 $ —
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 Board of Governors of the Federal Reserve System (“FRB”) and FDIC. Loans Pledged dollars in millions September 30, 2024 December 31, 2023 FHLB of Atlanta Lendable collateral value of pledged non-PCD loans $ 17,245 $ 15,072 Less: advances — — Less: letters of credit 1,450 1,450 Available borrowing capacity $ 15,795 $ 13,622 Pledged non-PCD loans (contractual balance) $ 30,106 $ 25,370 FRB Lendable collateral value of pledged non-PCD loans $ 5,621 $ 5,115 Less: advances — — Available borrowing capacity $ 5,621 $ 5,115 Pledged non-PCD loans (contractual balance) $ 6,689 $ 6,273 FDIC Lendable collateral value of pledged loans $ 44,117 $ 51,179 Less: advances — — Less: Purchase Money Note 35,991 36,072 Available borrowing capacity $ 8,126 $ 15,107 Pledged loans (contractual balance) $ 44,117 $ 51,179

ALLOWANCE FOR LOAN AND LEASE _2

ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Schedule of Allowance for Loan and Lease Losses	The ALLL activity for loans and leases is summarized in the following table: Allowance for Loan and Lease Losses dollars in millions Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 Commercial Consumer SVB Total Commercial Consumer SVB Total Balance at beginning of period $ 1,103 $ 153 $ 444 $ 1,700 $ 968 $ 173 $ 496 $ 1,637 Provision (benefit) for loan and lease losses 78 — 45 123 166 (10) 56 212 Charge-offs (116) (8) (53) (177) (83) (7) (109) (199) Recoveries 11 5 16 32 13 4 6 23 Balance at end of period $ 1,076 $ 150 $ 452 $ 1,678 $ 1,064 $ 160 $ 449 $ 1,673 dollars in millions Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Commercial Consumer SVB Total Commercial Consumer SVB Total Balance at beginning of period $ 1,126 $ 166 $ 455 $ 1,747 $ 789 $ 133 $ — $ 922 Initial PCD ALLL — — — — 14 3 203 220 Day 2 Provision for Loan and Lease Losses — — — — 39 43 380 462 Provision (benefit) for loan and lease losses 203 (5) 113 311 396 (9) 65 452 Total provision (benefit) for loan and lease losses 203 (5) 113 311 435 34 445 914 Charge-offs (287) (21) (156) (464) (207) (21) (209) (437) Recoveries 34 10 40 84 33 11 10 54 Balance at end of period $ 1,076 $ 150 $ 452 $ 1,678 $ 1,064 $ 160 $ 449 $ 1,673 The following table presents the components of the provision for credit losses: Provision for Credit Losses dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Day 2 Provision for Loan and Lease Losses $ — $ — $ — $ 462 Provision for loan and lease losses 123 212 311 452 Total provision for loan and lease losses 123 212 311 914 Day 2 Provision for Off-balance Sheet Credit Exposure — — — 254 Benefit from off-balance sheet credit exposure (6) (17) (35) (42) Total (benefit) provision for off-balance sheet credit exposure (6) (17) (35) 212 (Benefit) provision for investment securities available for sale credit losses — (3) — — Provision for credit losses $ 117 $ 192 $ 276 $ 1,126

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Schedule of Operating and Finance Lease Assets and Liabilities	The following table presents supplemental balance sheet information and remaining weighted average lease terms and discount rates: Supplemental Lease Information dollars in millions Classification September 30, 2024 December 31, 2023 Lease assets: Operating lease ROU assets Other assets $ 331 $ 354 Finance leases Premises and equipment 7 9 Total lease assets $ 338 $ 363 Lease liabilities: Operating leases Other liabilities $ 373 $ 396 Finance leases Other borrowings 8 9 Total lease liabilities $ 381 $ 405 Weighted-average remaining lease terms: Operating leases 7.5 years 8.1 years Finance leases 16.5 years 15.4 years Weighted-average discount rate: Operating leases 2.80 % 2.70 % Finance leases 3.63 3.52
Schedule of Net Lease Cost	The following table presents components of lease cost: Components of Net Lease Cost dollars in millions Three Months Ended September 30, Nine Months Ended September 30, Classification 2024 2023 2024 2023 Operating lease cost Occupancy expense $ 19 $ 18 $ 56 $ 46 Finance lease ROU asset amortization Equipment expense — 1 1 1 Variable lease cost (1) Occupancy expense 7 8 22 16 Sublease income Occupancy expense (1) (1) (4) (2) Net lease cost (1) $ 25 $ 26 $ 75 $ 61 (1) Includes short-term lease cost, which is not material.
Schedule of Supplemental Cash Flow Information	The following table presents supplemental cash flow information related to leases: Supplemental Cash Flow Information dollars in millions Nine Months Ended September 30, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 57 $ 45 Financing cash flows from finance leases 1 2 ROU assets obtained in exchange for new operating lease liabilities 26 69 ROU assets obtained in exchange for new finance lease liabilities — 4
Schedule of Operating Lease Income	The table that follows presents lease income related to BancShares’ operating and finance leases: Lease Income dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Lease income – Operating leases $ 236 $ 229 $ 714 $ 664 Variable lease income – Operating leases (1) 26 19 62 55 Rental income on operating leases 262 248 776 719 Interest income – Sales type and direct financing leases 44 43 131 127 Variable lease income included in Other noninterest income (2) 15 15 46 44 Interest income – Leveraged leases 1 2 3 11 Total lease income $ 322 $ 308 $ 956 $ 901 (1) Primarily includes per diem railcar operating lease rental income earned on a time or mileage usage basis. (2)

GOODWILL AND CORE DEPOSIT INT_2

GOODWILL AND CORE DEPOSIT INTANGIBLES (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Core Deposit Intangible Assets	The following tables summarize the activity for core deposit intangibles during the nine months ended September 30, 2024: Core Deposit Intangibles dollars in millions Nine Months Ended September 30, 2024 Balance at beginning of period, net of accumulated amortization $ 312 Less: amortization for the period 47 Balance at end of period, net of accumulated amortization $ 265 The following table summarizes the accumulated amortization balance for core deposit intangibles at September 30, 2024 and December 31, 2023: Core Deposit Intangible Accumulated Amortization dollars in millions September 30, 2024 December 31, 2023 Gross balance $ 501 $ 501 Less: accumulated amortization 236 189 Balance, net of accumulated amortization $ 265 $ 312
Schedule of Core Deposit Intangible Assets, Future Amortization Expense	The following table summarizes the expected amortization expense as of September 30, 2024 in subsequent periods for core deposit intangibles: Core Deposit Intangible Expected Amortization dollars in millions Remainder 2024 $ 16 2025 54 2026 46 2027 39 2028 34 2029 30 Thereafter 46 Balance, net of accumulated amortization $ 265

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The table below provides a summary of the assets and liabilities included on the Consolidated Balance Sheets associated with unconsolidated VIEs. The table also presents our maximum exposure to loss which consists of outstanding book basis and unfunded commitments for future investments, and represents potential losses that would be incurred under hypothetical circumstances, such that the value of BancShares’ interests and any associated collateral declines to zero and assuming no recovery. BancShares believes the possibility is remote under this hypothetical scenario; accordingly, this disclosure is not an indication of expected loss. Unconsolidated VIEs Carrying Value dollars in millions September 30, 2024 December 31, 2023 Affordable housing tax credit investments $ 2,066 $ 1,887 Other tax credit equity investments 2 3 Total tax credit equity investments $ 2,068 $ 1,890 Other unconsolidated investments 149 162 Total assets (maximum loss exposure) (1) $ 2,217 $ 2,052 Liabilities for commitments to tax credit investments (2) $ 1,033 $ 947 (1) Included in other assets. (2) Represents commitments to invest in qualified affordable housing investments and other investments qualifying for community reinvestment tax credits. These commitments are payable on demand and are included in other liabilities. The table below summarizes the amortization of our affordable housing tax credit investments and the related tax credits and other tax benefits that are recognized in income tax expense on the Consolidated Statements of Income. Tax Credit Investments Recognized in Income Tax Expense dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Amortization of affordable housing tax credit investments (1) $ 58 $ 44 $ 176 $ 111 Tax credits from affordable housing tax credit investments (58) (46) (173) (79) Other tax benefits from affordable housing tax credit investments (8) (7) (29) (45) Net income tax benefit from affordable housing tax credit investments (2) $ (8) $ (9) $ (26) $ (13) (1) Amortization is included in depreciation, amortization, and accretion, net as an adjustment to reconcile net income to net cash provided by operating activities on the Consolidated Statements of Cash Flows. (2)

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	9 Months Ended
	Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	The following table includes the components of other assets: Other Assets dollars in millions September 30, 2024 December 31, 2023 Affordable housing tax credit and other unconsolidated investments (1) $ 2,217 $ 2,052 Accrued interest receivable 904 832 Fair value of derivative financial instruments 553 640 Pension assets 482 474 Right of use assets for operating leases, net 331 354 Income tax receivable 342 209 Counterparty receivables 133 114 Bank-owned life insurance 107 105 Nonmarketable equity securities 127 103 Other real estate owned 53 58 Mortgage servicing rights 27 25 Federal Home Loan Bank stock 19 20 Other 796 871 Total other assets $ 6,091 $ 5,857 (1) Refer to Note 8—Variable Interest Entities for additional information.

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2024
Statistical Disclosure for Banks [Abstract]
Schedule of Deposit Liabilities Type	The following table provides detail on deposit types: Deposit Types dollars in millions September 30, 2024 December 31, 2023 Noninterest-bearing demand $ 39,396 $ 39,799 Checking with interest 23,216 23,754 Money market 34,567 30,611 Savings 40,266 35,258 Time 14,129 16,432 Total deposits $ 151,574 $ 145,854
Schedule of Time Deposit Maturities	At September 30, 2024, the scheduled maturities of time deposits were: Deposit Maturities dollars in millions Twelve months ended September 30, 2025 $ 13,400 2026 641 2027 47 2028 20 2029 21 Thereafter — Total time deposits $ 14,129

BORROWINGS (Tables)

BORROWINGS (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Long-term Borrowings	Long-term borrowings at September 30, 2024 and December 31, 2023 include: Long-term Borrowings dollars in millions Maturity September 30, 2024 December 31, 2023 Parent Company: Subordinated: Fixed-to-Floating subordinated notes at 3.375% March 2030 $ 351 $ 350 Junior subordinated debentures (FCB/SC Capital Trust II) (1) June 2034 — 20 Subsidiaries: Senior: Senior unsecured fixed-to-floating rate notes at 2.969% September 2025 (3) — 316 Fixed senior unsecured notes at 6.00% April 2036 51 51 Subordinated: Fixed subordinated notes at 6.125% March 2028 403 404 Fixed-to-Fixed subordinated notes at 4.125% November 2029 100 100 Junior subordinated debentures (SCB Capital Trust I) (1) April 2034 — 10 Secured: Purchase Money Note to FDIC fixed at 3.50% (2) March 2028 35,991 36,072 Capital lease obligations Maturities through May 2057 8 9 Unamortized purchase accounting adjustments (134) (163) Total long-term borrowings $ 36,770 $ 37,169 (1) The borrowings were called during the first quarter of 2024, resulting in a $2 million loss on extinguishment of debt for the nine months ended September 30, 2024. (2) Issued in connection with the SVBB Acquisition and secured by collateral. Refer to Note 2—Business Combinations and Note 4—Loans and Leases. (3) Included a callable feature one year prior to maturity and the debt was redeemed in September 2024.

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments, Offsetting Assets	The following table presents notional amounts and fair values of derivative financial instruments: Notional Amount and Fair Value of Derivative Financial Instruments dollars in millions September 30, 2024 December 31, 2023 Notional Amount Asset Fair Value Liability Fair Value Notional Amount Asset Fair Value Liability Fair Value Derivatives designated as hedging instruments (Qualifying hedges) Fair Value Hedges Interest rate contracts hedging time deposits $ 334 $ — $ — $ — $ — $ — Interest rate contracts hedging long-term borrowings 750 — — 815 — — Total fair value hedges (1) (4) 1,084 — — 815 — — Cash Flow Hedges Interest rate contracts hedging loans (1) (4) 2,500 — — — — — Total derivatives designated as hedging instruments $ 3,584 $ — $ — $ 815 $ — $ — Derivatives not designated as hedging instruments (Non-qualifying hedges) Interest rate contracts (1) (4) $ 25,538 $ 446 $ (415) $ 24,548 $ 530 $ (518) Foreign exchange contracts (2) 8,198 93 (91) 9,142 104 (117) Other contracts (3) 1,308 14 (1) 983 6 (1) Total derivatives not designated as hedging instruments $ 35,044 $ 553 $ (507) $ 34,673 $ 640 $ (636) Gross derivatives fair values presented in the Consolidated Balance Sheets $ 553 $ (507) $ 640 $ (636) Less: gross amounts offset in the Consolidated Balance Sheets — — — — Net amount presented in other assets and other liabilities in the Consolidated Balance Sheets 553 (507) 640 (636) Less: amounts subject to master netting agreements (5) (114) 114 (97) 97 Less: cash collateral pledged (received) subject to master netting agreements (6) (234) 46 (405) 39 Total net derivative fair value $ 205 $ (347) $ 138 $ (500) (1) Fair value balances include accrued interest. (2) The foreign exchange contracts exclude foreign exchange spot contracts. The notional and net fair value amounts of these contracts were $660 million and $0 million, respectively, as of September 30, 2024, and $179 million and $0 million, respectively, as of December 31, 2023. (3) Other derivative contracts not designated as hedging instruments include risk participation agreements and equity warrants. (4) BancShares accounts for swap contracts cleared by the Chicago Mercantile Exchange and LCH Clearnet as “settled-to-market.” As a result, variation margin payments are characterized as settlement of the derivative exposure and variation margin balances are netted against the corresponding derivative mark-to-market balances. Gross amounts of recognized assets and liabilities were lowered by $70 million and $47 million, respectively, at September 30, 2024, which includes $24 million and $0 million relating to qualifying hedges, respectively. Gross amounts of recognized assets and liabilities were lowered by $66 million and $37 million, respectively, at December 31, 2023, which includes $4 million and $0 million, respectively, relating to qualifying hedges. (5) BancShares’ derivative transactions are governed by International Swaps and Derivatives Association (“ISDA”) agreements that allow for net settlements of certain payments as well as offsetting of all contracts with a given counterparty in the event of bankruptcy or default of one of the two parties to the transaction. BancShares believes its ISDA agreements meet the definition of a master netting arrangement or similar agreement for purposes of the above disclosure. (6) In conjunction with the ISDA agreements described above, BancShares has entered into collateral arrangements with its counterparties, which provide for the exchange of cash depending on the change in the market valuation of the derivative contracts outstanding. Such collateral is available to be applied in settlement of the net balances upon an event of default of one of the counterparties. Collateral pledged or received is included in other assets or deposits, respectively.
Schedule of Derivative Instruments, Offsetting Liabilities	The following table presents notional amounts and fair values of derivative financial instruments: Notional Amount and Fair Value of Derivative Financial Instruments dollars in millions September 30, 2024 December 31, 2023 Notional Amount Asset Fair Value Liability Fair Value Notional Amount Asset Fair Value Liability Fair Value Derivatives designated as hedging instruments (Qualifying hedges) Fair Value Hedges Interest rate contracts hedging time deposits $ 334 $ — $ — $ — $ — $ — Interest rate contracts hedging long-term borrowings 750 — — 815 — — Total fair value hedges (1) (4) 1,084 — — 815 — — Cash Flow Hedges Interest rate contracts hedging loans (1) (4) 2,500 — — — — — Total derivatives designated as hedging instruments $ 3,584 $ — $ — $ 815 $ — $ — Derivatives not designated as hedging instruments (Non-qualifying hedges) Interest rate contracts (1) (4) $ 25,538 $ 446 $ (415) $ 24,548 $ 530 $ (518) Foreign exchange contracts (2) 8,198 93 (91) 9,142 104 (117) Other contracts (3) 1,308 14 (1) 983 6 (1) Total derivatives not designated as hedging instruments $ 35,044 $ 553 $ (507) $ 34,673 $ 640 $ (636) Gross derivatives fair values presented in the Consolidated Balance Sheets $ 553 $ (507) $ 640 $ (636) Less: gross amounts offset in the Consolidated Balance Sheets — — — — Net amount presented in other assets and other liabilities in the Consolidated Balance Sheets 553 (507) 640 (636) Less: amounts subject to master netting agreements (5) (114) 114 (97) 97 Less: cash collateral pledged (received) subject to master netting agreements (6) (234) 46 (405) 39 Total net derivative fair value $ 205 $ (347) $ 138 $ (500) (1) Fair value balances include accrued interest. (2) The foreign exchange contracts exclude foreign exchange spot contracts. The notional and net fair value amounts of these contracts were $660 million and $0 million, respectively, as of September 30, 2024, and $179 million and $0 million, respectively, as of December 31, 2023. (3) Other derivative contracts not designated as hedging instruments include risk participation agreements and equity warrants. (4) BancShares accounts for swap contracts cleared by the Chicago Mercantile Exchange and LCH Clearnet as “settled-to-market.” As a result, variation margin payments are characterized as settlement of the derivative exposure and variation margin balances are netted against the corresponding derivative mark-to-market balances. Gross amounts of recognized assets and liabilities were lowered by $70 million and $47 million, respectively, at September 30, 2024, which includes $24 million and $0 million relating to qualifying hedges, respectively. Gross amounts of recognized assets and liabilities were lowered by $66 million and $37 million, respectively, at December 31, 2023, which includes $4 million and $0 million, respectively, relating to qualifying hedges. (5) BancShares’ derivative transactions are governed by International Swaps and Derivatives Association (“ISDA”) agreements that allow for net settlements of certain payments as well as offsetting of all contracts with a given counterparty in the event of bankruptcy or default of one of the two parties to the transaction. BancShares believes its ISDA agreements meet the definition of a master netting arrangement or similar agreement for purposes of the above disclosure. (6) In conjunction with the ISDA agreements described above, BancShares has entered into collateral arrangements with its counterparties, which provide for the exchange of cash depending on the change in the market valuation of the derivative contracts outstanding. Such collateral is available to be applied in settlement of the net balances upon an event of default of one of the counterparties. Collateral pledged or received is included in other assets or deposits, respectively.
Schedule of Fair Value and Non-Qualifying Hedges	The following table presents the impact of fair value hedges recorded in interest expense on the Consolidated Statements of Income: Recognized Gains (Losses) on Fair Value Hedges dollars in millions Three Months Ended September 30, Nine Months Ended September 30, Interest Expense 2024 2023 2024 2023 Gain on hedging instruments - time deposits Deposits $ 2 $ — $ 1 $ — Gain (loss) on hedging instruments - borrowings Borrowings 4 — (2) — Loss on hedged item - time deposits Deposits (3) — (2) — Loss on hedged item - borrowings Borrowings (5) — — — Net loss on fair value hedges Total interest expense $ (2) $ — $ (3) $ — The following table presents the carrying value of hedged items and associated cumulative hedging adjustment related to fair value hedges: dollars in millions Cumulative Fair Value Hedging Adjustment Included in the Carrying Value of Hedged Items Carrying Value of Hedged Items Currently Designated No Longer Designated September 30, 2024 Long-term borrowings $ 801 $ 4 $ — Deposits 336 2 — December 31, 2023 Long-term borrowings 879 5 — The following table presents gains on non-qualifying hedges recognized on the Consolidated Statements of Income: Gains (Losses) on Non-Qualifying Hedges dollars in millions Three Months Ended September 30, Nine Months Ended September 30, Amounts Recognized 2024 2023 2024 2023 Interest rate contracts Other noninterest income $ (5) $ 8 $ 6 $ 37 Foreign currency forward contracts Other noninterest income (20) 11 3 10 Other contracts Other noninterest income 2 1 1 1 Total non-qualifying hedges - income statement impact $ (23) $ 20 $ 10 $ 48
Schedule of Unrealized Gain on Cash Flow Hedges	The following table presents the pretax unrealized gain on hedging instruments in cash flow hedges, which are reported in other comprehensive income, and the pretax amount reclassified from AOCI to earnings for the three and nine months ended September 30, 2024: Unrealized Gain on Cash Flow Hedges dollars in millions Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Other comprehensive income on cash flow hedge derivatives before reclassifications $ 14 $ — $ 17 $ — Amounts reclassified from AOCI to earnings 2 — 2 — Other comprehensive income on cash flow hedge derivatives $ 16 $ — $ 19 $ — Decrease in interest income on loans due to amounts reclassified from AOCI to earnings $ (2) $ — $ (2) $ —
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	The following table presents other information for cash flow hedges: Other Information for Cash Flow Hedges dollars in millions September 30, 2024 December 31, 2023 Unrealized gain on cash flow hedge derivatives reported in AOCI, net of income taxes $ 14 $ — Estimate to be reclassified from AOCI to earnings during the next 12 months, net of income taxes (1) $ 14 $ — Maximum number of months over which forecasted cash flows are hedged 13 — (1) Reclassified amounts could differ from amounts actually recognized due to items such as changes in interest rates, hedge de-designations and the addition of other hedges.

OTHER LIABILITIES (Tables)

OTHER LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Other Liabilities Disclosure [Abstract]
Schedule of Other Liabilities	The following table includes the components of other liabilities: Other Liabilities dollars in millions September 30, 2024 December 31, 2023 Deferred taxes (1) $ 3,561 $ 3,579 Commitments to fund tax credit investments 1,033 947 Incentive plan liabilities 570 689 Fair value of derivative financial instruments 507 636 Accrued expenses and accounts payable 265 351 Lease liabilities 373 396 Reserve for off-balance sheet credit exposure 281 316 Accrued interest payable 149 137 Other 1,015 855 Total other liabilities $ 7,754 $ 7,906 (1) Primarily includes deferred taxes associated with the SVBB Acquisition. Refer to Note 2—Business Combinations for additional information.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	Assets and Liabilities Measured at Fair Value - Recurring Basis dollars in millions September 30, 2024 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 11,817 $ — $ 11,817 $ — Government agency 85 — 85 — Residential mortgage-backed securities 13,016 — 13,016 — Commercial mortgage-backed securities 2,778 — 2,778 — Corporate bonds 477 — 313 164 Municipal bonds 17 — 17 — Total investment securities available for sale $ 28,190 $ — $ 28,026 $ 164 Marketable equity securities 82 31 51 — Loans held for sale 41 — 41 — Derivative assets (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 446 $ — $ 445 $ 1 Foreign exchange contracts — non-qualifying hedges 93 — 93 — Other derivative contracts — non-qualifying hedges 14 — — 14 Total non-qualifying hedge assets $ 553 $ — $ 538 $ 15 Total derivative assets $ 553 $ — $ 538 $ 15 Liabilities Derivative liabilities (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 415 $ — $ 415 $ — Foreign exchange contracts — non-qualifying hedges 91 — 91 — Other derivative contracts — non-qualifying hedges 1 — — 1 Total non-qualifying hedge liabilities $ 507 $ — $ 506 $ 1 Total derivative liabilities $ 507 $ — $ 506 $ 1 December 31, 2023 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 10,508 $ — $ 10,508 $ — Government agency 117 — 117 — Residential mortgage-backed securities 6,686 — 6,686 — Commercial mortgage-backed securities 2,131 — 2,131 — Corporate bonds 482 — 325 157 Municipal bonds 12 — 12 — Total investment securities available for sale $ 19,936 $ — $ 19,779 $ 157 Marketable equity securities 84 36 48 — Loans held for sale 38 — 38 — Derivative assets (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 530 $ — $ 529 $ 1 Foreign exchange contracts — non-qualifying hedges 104 — 104 — Other derivative contracts — non-qualifying hedges 6 — — 6 Total non-qualifying hedge assets $ 640 $ — $ 633 $ 7 Total derivative assets $ 640 $ — $ 633 $ 7 Liabilities Derivative liabilities (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 518 $ — $ 518 $ — Foreign exchange contracts — non-qualifying hedges 117 — 117 — Other derivative contracts — non-qualifying hedges 1 — — 1 Total non-qualifying hedge liabilities $ 636 $ — $ 635 $ 1 Total derivative liabilities $ 636 $ — $ 635 $ 1 (1)
Schedule of Fair Value Measurement Inputs and Valuation Techniques	The following tables summarize information about significant unobservable inputs related to BancShares’ categories of Level 3 financial assets and liabilities measured on a recurring basis: Quantitative Information About Level 3 Fair Value Measurements - Recurring Basis dollars in millions Financial Instrument Estimated Fair Value Valuation Technique Significant Unobservable Inputs September 30, 2024 December 31, 2023 Assets Corporate bonds $ 164 $ 157 Indicative bid provided by broker Multiple factors, including but not limited to, current operations, financial condition, cash flows, and recently executed financing transactions related to the issuer. Interest rate & other derivative — non-qualifying hedges $ 15 $ 7 Internal valuation model Multiple factors, including but not limited to, private company valuation, illiquidity discount, and estimated life of the instrument. Liabilities Interest rate & other derivative — non-qualifying hedges $ 1 $ 1 Internal valuation model Not material
Schedule of Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table summarizes the changes in estimated fair value for all assets and liabilities measured at estimated fair value on a recurring basis using significant unobservable inputs (Level 3): Changes in Estimated Fair Value of Level 3 Financial Assets and Liabilities - Recurring Basis dollars in millions Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Corporate Bonds Other Derivative Assets — Non-Qualifying Other Derivative Liabilities — Non-Qualifying Corporate Bonds Other Derivative Assets — Non-Qualifying Other Derivative Liabilities — Non-Qualifying Beginning balance $ 157 $ 7 $ 1 $ 174 $ — $ — Purchases — 7 — — — — Changes in fair value included in earnings (1) 1 — — 5 — Changes in fair value included in comprehensive income 8 — — (13) — — Transfers in — — — — — 1 Transfers out — — — — — — Maturity and settlements — — — (9) — — Ending balance $ 164 $ 15 $ 1 $ 152 $ 5 $ 1
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The following table summarizes the changes in estimated fair value for all assets and liabilities measured at estimated fair value on a recurring basis using significant unobservable inputs (Level 3): Changes in Estimated Fair Value of Level 3 Financial Assets and Liabilities - Recurring Basis dollars in millions Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 Corporate Bonds Other Derivative Assets — Non-Qualifying Other Derivative Liabilities — Non-Qualifying Corporate Bonds Other Derivative Assets — Non-Qualifying Other Derivative Liabilities — Non-Qualifying Beginning balance $ 157 $ 7 $ 1 $ 174 $ — $ — Purchases — 7 — — — — Changes in fair value included in earnings (1) 1 — — 5 — Changes in fair value included in comprehensive income 8 — — (13) — — Transfers in — — — — — 1 Transfers out — — — — — — Maturity and settlements — — — (9) — — Ending balance $ 164 $ 15 $ 1 $ 152 $ 5 $ 1
Schedule of Fair Value Option	The following table summarizes the difference between the aggregate fair value and the UPB for residential mortgage loans originated for sale measured at fair value as of September 30, 2024 and December 31, 2023: Aggregate Fair Value and UPB - Residential Mortgage Loans dollars in millions September 30, 2024 December 31, 2023 Fair Value Unpaid Principal Balance Difference Fair Value Unpaid Principal Balance Difference Originated loans held for sale $ 41 $ 40 $ 1 $ 38 $ 37 $ 1
Schedule of Fair Value, Assets Measured on Nonrecurring Basis	The following table presents carrying value of assets measured at estimated fair value on a non-recurring basis for which gains and losses have been recorded in the periods. The gains and losses reflect amounts recorded for the respective periods, regardless of whether the asset is still held at period end. Assets Measured at Fair Value - Non-recurring Basis dollars in millions Fair Value Measurements Total Level 1 Level 2 Level 3 Total Gains (Losses) September 30, 2024 Assets held for sale - loans $ 3 $ — $ — $ 3 $ (4) Loans - collateral dependent loans 314 — — 314 (114) Other real estate owned 13 — — 13 5 Total $ 331 $ — $ — $ 331 $ (113) December 31, 2023 Assets held for sale - loans $ 12 $ — $ — $ 12 $ (4) Loans - collateral dependent loans 265 — — 265 (131) Other real estate owned 16 — — 16 4 Total $ 293 $ — $ — $ 293 $ (131)
Schedule of Carrying Values and Estimated Fair Values for Financial Instruments	The table below presents the carrying values and estimated fair values for financial instruments, excluding leases and certain other assets and liabilities for which these disclosures are not required. Carrying Values and Fair Values of Financial Assets and Liabilities dollars in millions September 30, 2024 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 862 $ 862 $ — $ — $ 862 Interest-earning deposits at banks 25,640 25,640 — — 25,640 Securities purchased under agreements to resell 455 — 455 — 455 Investment in marketable equity securities 82 31 51 — 82 Investment securities available for sale 28,190 — 28,026 164 28,190 Investment securities held to maturity 10,391 — 9,168 — 9,168 Loans held for sale 65 — 41 24 65 Net loans 135,036 — 1,450 133,464 134,914 Accrued interest receivable 904 — 904 — 904 Federal Home Loan Bank stock 19 — 19 — 19 Mortgage servicing rights 27 — — 42 42 Derivative assets - qualifying hedges — — — — — Derivative assets - non-qualifying hedges 553 — 538 15 553 Financial Liabilities Deposits with no stated maturity 137,445 — 137,445 — 137,445 Time deposits 14,129 — 14,128 — 14,128 Credit balances of factoring clients 1,250 — — 1,250 1,250 Securities sold under customer repurchase agreements 391 — 391 — 391 Long-term borrowings 36,762 — 36,765 — 36,765 Accrued interest payable 149 — 149 — 149 Derivative liabilities - qualifying hedges — — — — — Derivative liabilities - non-qualifying hedges 507 — 506 1 507 December 31, 2023 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 908 $ 908 $ — $ — $ 908 Interest-earning deposits at banks 33,609 33,609 — — 33,609 Securities purchased under agreements to resell 473 — 473 — 473 Investment in marketable equity securities 84 36 48 — 84 Investment securities available for sale 19,936 — 19,779 157 19,936 Investment securities held to maturity 9,979 — 8,503 — 8,503 Loans held for sale 73 — 38 35 73 Net loans 129,545 — 1,479 125,217 126,696 Accrued interest receivable 832 — 832 — 832 Federal Home Loan Bank stock 20 — 20 — 20 Mortgage servicing rights 25 — — 42 42 Derivative assets - qualifying hedges — — — — — Derivative assets - non-qualifying hedges 640 — 633 7 640 Financial Liabilities Deposits with no stated maturity 129,427 — 129,427 — 129,427 Time deposits 16,427 — 16,416 — 16,416 Credit balances of factoring clients 1,089 — — 1,089 1,089 Securities sold under customer repurchase agreements 485 — 485 — 485 Long-term borrowings 37,160 — 36,816 — 36,816 Accrued interest payable 137 — 137 — 137 Derivative liabilities - qualifying hedges — — — — — Derivative liabilities - non-qualifying hedges 636 — 635 1 636

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule of Common Stock Outstanding Roll Forward	A roll forward of common stock activity is presented in the following table: Number of Shares of Common Stock September 30, 2024 Outstanding Class A Class B Common stock - June 30, 2024 13,524,550 1,005,185 Shares purchased under authorized repurchase plan (353,058) — Restricted stock units vested, net of shares held to cover taxes 2,531 — Common stock - September 30, 2024 13,174,023 1,005,185 Common stock - December 31, 2023 13,514,933 1,005,185 Shares purchased under authorized repurchase plan (353,058) — Restricted stock units vested, net of shares held to cover taxes 12,148 — Common stock - September 30, 2024 13,174,023 1,005,185
Schedule of Preferred Stock and Depositary Shares	The following table summarizes BancShares’ non-cumulative perpetual preferred stock: Preferred Stock dollars in millions, except per share and par value data Preferred Stock Issuance Date Earliest Redemption Date Par Value Shares Authorized, Issued and Outstanding Liquidation Preference Per Share Total Liquidation Preference Dividend Series A March 12, 2020 March 15, 2025 $ 0.01 345,000 $ 1,000 $ 345 5.375% Series B January 3, 2022 January 4, 2027 0.01 325,000 1,000 325 SOFR + 3.972% Series C January 3, 2022 January 4, 2027 0.01 8,000,000 25 200 5.625%

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Schedule of Accumulated Other Comprehensive (Loss) Income	The following table details the components of AOCI as of September 30, 2024 and December 31, 2023: Components of Accumulated Other Comprehensive (Loss) Income dollars in millions September 30, 2024 December 31, 2023 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Unrealized loss on securities available for sale $ (312) $ 60 $ (252) $ (752) $ 175 $ (577) Unrealized loss on securities available for sale transferred to held to maturity (6) 2 (4) (7) 2 (5) Defined benefit pension items 112 (29) 83 122 (31) 91 Unrealized gain on cash flow hedge derivatives 19 (5) 14 — — — Total accumulated other comprehensive loss $ (187) $ 28 $ (159) $ (637) $ 146 $ (491) The following table details the changes in the components of AOCI, net of income taxes: Changes in Accumulated Other Comprehensive (Loss) Income by Component dollars in millions Unrealized loss on securities available for sale Unrealized loss on securities available for sale transferred to held to maturity Defined benefit pension items Unrealized gain on cash flow hedge derivatives Total accumulated other comprehensive loss Balance as of December 31, 2023 $ (577) $ (5) $ 91 $ — $ (491) AOCI activity before reclassifications 325 — (8) 12 329 Amounts reclassified from AOCI to earnings — 1 — 2 3 Other comprehensive income (loss) for the period 325 1 (8) 14 332 Balance as of September 30, 2024 $ (252) $ (4) $ 83 $ 14 $ (159) Balance as of December 31, 2022 $ (739) $ (6) $ 10 $ — $ (735) AOCI activity before reclassifications (169) — 4 — (165) Amounts reclassified from AOCI to earnings 19 1 — — 20 Other comprehensive (loss) income for the period (150) 1 4 — (145) Balance as of September 30, 2023 $ (889) $ (5) $ 14 $ — $ (880) Other Comprehensive Income (Loss) by Component dollars in millions Three Months Ended September 30, 2024 2023 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Income Statement Line Items Unrealized loss on securities available for sale: AOCI activity before reclassifications $ 594 $ (156) $ 438 $ (155) $ 40 $ (115) Amounts reclassified from AOCI to earnings — — — 9 (2) 7 $12 realized loss on sales of investment securities available for sale, net; $(3) provision for credit losses Other comprehensive income (loss) on securities available for sale $ 594 $ (156) $ 438 $ (146) $ 38 $ (108) Unrealized loss on securities available for sale transferred to held to maturity: Amounts reclassified from AOCI to earnings $ 1 $ — $ 1 $ — $ — $ — Interest on investment securities Other comprehensive income on securities available for sale transferred to held to maturity $ 1 $ — $ 1 $ — $ — $ — Unrealized gain on cash flow hedge derivatives: AOCI activity before reclassifications $ 14 $ (4) $ 10 $ — $ — $ — Amounts reclassified from AOCI to earnings 2 — 2 — — — Interest and fees on loans Other comprehensive income on cash flow hedge derivatives $ 16 $ (4) $ 12 $ — $ — $ — Total other comprehensive income (loss) $ 611 $ (160) $ 451 $ (146) $ 38 $ (108) dollars in millions Nine Months Ended September 30, 2024 2023 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Income Statement Line Items Unrealized loss on securities available for sale: AOCI activity before reclassifications $ 440 $ (115) $ 325 $ (229) $ 60 $ (169) Amounts reclassified from AOCI to earnings — — — 26 (7) 19 Realized loss on sale of investment securities, net Other comprehensive income (loss) on securities available for sale $ 440 $ (115) $ 325 $ (203) $ 53 $ (150) Unrealized loss on securities available for sale transferred to held to maturity: Amounts reclassified from AOCI to earnings $ 1 $ — $ 1 $ 1 $ — $ 1 Interest on investment securities Other comprehensive income on securities available for sale transferred to held to maturity $ 1 $ — $ 1 $ 1 $ — $ 1 Defined benefit pension items: Other comprehensive (loss) income for defined benefit pension items $ (10) $ 2 $ (8) $ 5 $ (1) $ 4 Unrealized gain on cash flow hedge derivatives: AOCI activity before reclassifications $ 17 $ (5) $ 12 $ — $ — $ — Amounts reclassified from AOCI to earnings 2 — 2 — — — Interest and fees on loans Other comprehensive income on cash flow hedge derivatives $ 19 $ (5) $ 14 $ — $ — $ — Total other comprehensive income (loss) $ 450 $ (118) $ 332 $ (197) $ 52 $ (145)

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings Per Common Share	The following table sets forth the computation of the basic and diluted earnings per common share: Earnings per Common Share dollars in millions, except per share data Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Net income $ 639 $ 752 $ 2,077 $ 10,952 Preferred stock dividends 15 15 46 44 Net income available to common stockholders $ 624 $ 737 $ 2,031 $ 10,908 Weighted average common shares outstanding Basic shares outstanding 14,375,974 14,528,310 14,480,874 14,527,718 Stock-based awards — 10,823 1,045 11,665 Diluted shares outstanding 14,375,974 14,539,133 14,481,919 14,539,383 Earnings per common share Basic $ 43.42 $ 50.71 $ 140.27 $ 750.79 Diluted $ 43.42 $ 50.67 $ 140.26 $ 750.19

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs	The components of net periodic benefit cost are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Service cost $ 2 $ 2 $ 7 $ 7 Interest cost 15 15 45 45 Expected return on assets (23) (21) (69) (64) Net periodic benefit $ (6) $ (4) $ (17) $ (12)

BUSINESS SEGMENT INFORMATION (T

BUSINESS SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table presents the condensed income statements by segment: dollars in millions Three Months Ended September 30, 2024 General Bank Commercial Bank SVB Commercial Rail Corporate Total BancShares Net interest income (expense) $ 768 $ 274 $ 583 $ (48) $ 219 $ 1,796 Provision for credit losses 38 29 50 — — 117 Net interest income (expense) after provision for credit losses 730 245 533 (48) 219 1,679 Noninterest income 149 133 139 207 22 650 Noninterest expense 517 227 393 130 189 1,456 Income before income taxes 362 151 279 29 52 873 Income tax expense 99 41 75 8 11 234 Net income $ 263 $ 110 $ 204 $ 21 $ 41 $ 639 Select Period End Balances Loans and leases $ 66,092 $ 32,689 $ 39,852 $ 62 $ — $ 138,695 Operating lease equipment, net — 767 — 8,419 — 9,186 Deposits 72,169 2,754 35,945 14 40,692 151,574 Three Months Ended September 30, 2023 General Bank Commercial Bank SVB Commercial Rail Corporate Total BancShares Net interest income (expense) $ 681 $ 249 $ 537 $ (40) $ 563 $ 1,990 Provision (benefit) for credit losses 24 132 39 — (3) 192 Net interest income (expense) after provision for credit losses 657 117 498 (40) 566 1,798 Noninterest income 135 139 141 194 6 615 Noninterest expense 482 205 413 116 200 1,416 Income before income taxes 310 51 226 38 372 997 Income tax expense 85 14 61 10 75 245 Net income $ 225 $ 37 $ 165 $ 28 $ 297 $ 752 Select Period End Balances Loans and leases $ 61,035 $ 30,220 $ 41,906 $ 41 $ — $ 133,202 Operating lease equipment, net — 739 — 7,922 — 8,661 Deposits 69,108 3,370 36,236 12 37,507 146,233 dollars in millions Nine Months Ended September 30, 2024 General Bank Commercial Bank SVB Commercial Rail Corporate Total BancShares Net interest income (expense) $ 2,197 $ 823 $ 1,706 $ (136) $ 844 $ 5,434 Provision for credit losses 121 65 90 — — 276 Net interest income (expense) after provision for credit losses 2,076 758 1,616 (136) 844 5,158 Noninterest income 446 400 415 612 43 1,916 Noninterest expense 1,534 676 1,164 374 470 4,218 Income before income taxes 988 482 867 102 417 2,856 Income tax expense 270 127 235 27 120 779 Net income $ 718 $ 355 $ 632 $ 75 $ 297 $ 2,077 Nine Months Ended September 30, 2023 General Bank Commercial Bank SVB Commercial Rail Corporate Total BancShares Net interest income (expense) $ 1,889 $ 744 $ 1,128 $ (101) $ 1,141 $ 4,801 Provision for credit losses 40 353 17 — 716 1,126 Net interest income (expense) after provision for credit losses 1,849 391 1,111 (101) 425 3,675 Noninterest income 388 420 295 549 9,880 11,532 Noninterest expense 1,349 615 900 357 622 3,843 Income before income taxes 888 196 506 91 9,683 11,364 Income tax expense (benefit) 222 55 136 23 (24) 412 Net income $ 666 $ 141 $ 370 $ 68 $ 9,707 $ 10,952

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks	The accompanying table summarizes credit-related commitments and other purchase and funding commitments: dollars in millions September 30, 2024 December 31, 2023 Financing Commitments Financing assets (excluding leases) $ 56,147 $ 57,567 Letters of Credit Standby letters of credit 2,261 2,412 Other letters of credit 108 103 Deferred Purchase Agreements 1,902 2,076 Purchase and Funding Commitments (1) 372 685 (1) BancShares’ purchase and funding commitments relate to the equipment leasing businesses’ commitments to fund Rail’s railcar manufacturer purchase and upgrade commitments.

BUSINESS COMBINATIONS - Narrati

BUSINESS COMBINATIONS - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions			3 Months Ended		9 Months Ended		12 Months Ended
	Apr. 04, 2023	Mar. 27, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Business Acquisition [Line Items]
Net interest income			$ 1,796	$ 1,990	$ 5,434	$ 4,801
Noninterest income			650	615	1,916	11,532
Net income			$ 639	$ 752	$ 2,077	10,952
FDIC Credit Facility
Business Acquisition [Line Items]
FDIC advances, maximum amount available		$ 70,000
Purchase Money Note
Business Acquisition [Line Items]
Debt instrument, term		5 years
Principal amount		$ 36,070
Notes payable, fair value disclosure		35,810
SVB
Business Acquisition [Line Items]
Total assets acquired		107,539
Loans and leases, net of the initial PCD ALLL		68,468
Cash and interest-earning deposits at banks		35,310
Total liabilities assumed		61,423
Deposits		56,014
Assets acquired, discount		16,450
Business combination, financing receivable acquired, amount covered by share-loss agreement		$ 60,000
Business combination, financing receivable acquired, amount covered by share-loss agreement, coverage percentage for loss up to $5 billion		0%
Business combination, financing receivable acquired, amount covered by share-loss agreement, coverage percentage for loss in excess of $5 billion		$ 5,000
Business combination, financing receivable acquired, above threshold amount covered by share-loss agreement, percentage		50%
Share-Loss Agreement, reimbursement percentage		50%
Share-Loss Agreement, term		5 years
Share-Loss Agreement, reimbursement term		8 years
Loans funded after acquisition date, loss share term		1 year
Share-Loss Agreement, true-up payment term		45 days
True-up amount		$ 1,500
Cash settled value appreciation instrument issued and issuable (in shares)		5,000,000
Cash settled value appreciation instrument issued and issuable, number of shares benchmark (in shares)		1
Number of trading days		2 days
Cash settled value appreciation instrument, threshold amount (in dollars per share)		$ 582.55
Cash settled value appreciation instrument, maximum amount		$ 500
Payment to acquire business, value appreciation instrument exercised	$ 500
Gain on acquisition, after income taxes		9,808					$ 9,810
Deferred tax liabilities		3,364					$ 3,360
UPB		71,287
Purchase accounting adjustment of discount		2,300
Net interest income						1,340
Noninterest income						334
Net income						$ 381
SVB | Non-PCD
Business Acquisition [Line Items]
Loans and leases acquired, FV		66,420
UPB		$ 68,719
SVB | FDIC Credit Facility
Business Acquisition [Line Items]
FHLB, advances, interest rate		0%
SVB | Secured Debt | FDIC Credit Facility
Business Acquisition [Line Items]
Basis spread on variable rate		0.25%
SVB | Purchase Money Note
Business Acquisition [Line Items]
Debt instrument, term		5 years
Debt instrument, face amount		$ 35,000
SVB | Purchase Money Note | Secured Debt
Business Acquisition [Line Items]
Debt instrument, stated interest rate		3.50%

BUSINESS COMBINATIONS - Schedul

BUSINESS COMBINATIONS - Schedule of Business Acquisitions - SVBB Acquisition (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 27, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Liabilities
Gain on acquisition, before income taxes		$ 0	$ 12	$ 0	$ 9,891
SVB
Purchase price consideration
Purchase Money Note	$ 35,808
Value Appreciation Instrument	500
Purchase price consideration	36,308
Assets
Cash and due from banks	1,310
Interest-earning deposits at banks	34,001
Investment securities available for sale	385
Loans and leases, net of the initial PCD ALLL	68,468
Affordable housing tax credit and other unconsolidated investments	1,273
Premises and equipment	308
Other assets	1,564
Total assets acquired	107,539
Liabilities
Deposits	56,014
Borrowings	10
Deferred tax liabilities	3,364					$ 3,360
Other liabilities	2,035
Total liabilities assumed	61,423
Fair value of net assets acquired	46,116
Gain on acquisition, after income taxes	9,808					$ 9,810
Gain on acquisition, before income taxes	13,172
Book value of net assets acquired	52,520
Business combination asset acquired, discount	16,450
Purchase money note, fair value discount	264
SVB | Core deposit intangible
Assets
Core deposit intangibles	$ 230

BUSINESS COMBINATIONS - Sched_2

BUSINESS COMBINATIONS - Schedule of Unpaid Balance and Fair Value of the Acquired Loan Portfolio (Details) - SVB $ in Millions	Mar. 27, 2023 USD ($)
Business Acquisition [Line Items]
UPB	$ 71,287
Fair value	68,468
Non-PCD
Business Acquisition [Line Items]
UPB	68,719
Fair value	66,422
PCD
Business Acquisition [Line Items]
UPB	2,568
Fair value	$ 2,046

BUSINESS COMBINATIONS - Sched_3

BUSINESS COMBINATIONS - Schedule of PCD Loans and Leases Acquired (Details) - USD ($) $ in Millions		9 Months Ended
	Mar. 27, 2023	Sep. 30, 2024	Sep. 30, 2023
Business Acquisition [Line Items]
Discount for loans fair value at acquisition date		$ 0	$ 220
SVB
Business Acquisition [Line Items]
UPB	$ 71,287
Fair value	68,468
SVB | PCD
Business Acquisition [Line Items]
Discount for loans fair value at acquisition date	0
UPB	2,568
Fair value	2,046
Total fair value discount	522
Less: discount for loans with $0 fair value at SVBB Acquisition Date	26
Less: PCD gross-up	220
PCD discount	$ 276

BUSINESS COMBINATIONS - Sched_4

BUSINESS COMBINATIONS - Schedule of Valuation of Core Deposits (Details) - Core deposit intangible - SVB $ in Millions	Mar. 27, 2023 USD ($)
Business Acquisition [Line Items]
Fair Value	$ 230
Estimated Useful Life	8 years

BUSINESS COMBINATIONS - Sched_5

BUSINESS COMBINATIONS - Schedule of Other Assets Acquired (Details) - SVB $ in Millions	Mar. 27, 2023 USD ($)
Business Acquisition [Line Items]
Accrued interest receivable	$ 431
Federal Home Loan Bank stock and Federal Reserve Bank stock	320
Fair value of derivative financial instruments	458
Other	355
Total other assets	$ 1,564

BUSINESS COMBINATIONS - Sched_6

BUSINESS COMBINATIONS - Schedule of Other Liabilities Assumed (Details) - SVB $ in Millions	Mar. 27, 2023 USD ($)
Business Acquisition [Line Items]
Commitments to fund tax credit investments	$ 715
Fair value of derivative financial instruments	497
Reserve for off-balance sheet credit exposures	253
Accrued interest payable	109
Other	461
Total other liabilities	$ 2,035

INVESTMENT SECURITIES - Schedul

INVESTMENT SECURITIES - Schedule of Amortized Cost and Fair Value of Investment Securities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Investment securities available for sale
Amortized Cost	$ 28,502	$ 20,688
Gross Unrealized Gains	337	115
Gross Unrealized Losses	(649)	(867)
Investment securities available for sale	28,190	19,936
Investment in marketable equity securities
Amortized Cost	70	75
Gross Unrealized Gains	18	17
Gross Unrealized Losses	(6)	(8)
Fair Value	82	84
Investment securities held to maturity
Amortized Cost	10,391	9,979
Gross Unrealized Gains	37	0
Gross Unrealized Losses	(1,260)	(1,476)
Fair Value	9,168	8,503
Total investment securities
Amortized Cost	38,963	30,742
Gross Unrealized Gains	392	132
Gross Unrealized Losses	(1,915)	(2,351)
Fair Value	37,440	28,523
U.S. Treasury
Investment securities available for sale
Amortized Cost	11,765	10,554
Gross Unrealized Gains	78	34
Gross Unrealized Losses	(26)	(80)
Investment securities available for sale	11,817	10,508
Investment securities held to maturity
Amortized Cost	482	479
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(27)	(40)
Fair Value	455	439
Government agency
Investment securities available for sale
Amortized Cost	87	120
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(2)	(3)
Investment securities available for sale	85	117
Investment securities held to maturity
Amortized Cost	1,512	1,506
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(99)	(143)
Fair Value	1,413	1,363
Residential mortgage-backed securities
Investment securities available for sale
Amortized Cost	13,201	7,154
Gross Unrealized Gains	234	72
Gross Unrealized Losses	(419)	(540)
Investment securities available for sale	13,016	6,686
Investment securities held to maturity
Amortized Cost	4,667	4,205
Gross Unrealized Gains	37	0
Gross Unrealized Losses	(545)	(644)
Fair Value	4,159	3,561
Commercial mortgage-backed securities
Investment securities available for sale
Amortized Cost	2,925	2,319
Gross Unrealized Gains	25	9
Gross Unrealized Losses	(172)	(197)
Investment securities available for sale	2,778	2,131
Investment securities held to maturity
Amortized Cost	3,429	3,489
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(564)	(614)
Fair Value	2,865	2,875
Corporate bonds
Investment securities available for sale
Amortized Cost	507	529
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(30)	(47)
Investment securities available for sale	477	482
Municipal bonds
Investment securities available for sale
Amortized Cost	17	12
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Investment securities available for sale	17	12
Supranational securities
Investment securities held to maturity
Amortized Cost	299	298
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(25)	(35)
Fair Value	274	263
Other
Investment securities held to maturity
Amortized Cost	2	2
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Fair Value	$ 2	$ 2

INVESTMENT SECURITIES - Narrati

INVESTMENT SECURITIES - Narrative (Details) shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($) security shares	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) security shares	Sep. 30, 2023 USD ($)	Jan. 24, 2024 USD ($) shares	Dec. 31, 2023 USD ($)
Schedule of Investments [Line Items]
Debt securities, available-for-sale, accrued Interest	$ 145,000,000		$ 145,000,000			$ 87,000,000
Debt Securities, held-to-maturity, accrued interest	19,000,000		19,000,000			18,000,000
Write off of accrued interest receivable	$ 0	$ 0	$ 0	$ 0
Debt securities, held-to-maturity, threshold period past due	30 days		30 days
Securities past due	$ 10,391,000,000		$ 10,391,000,000			9,979,000,000
Realized gains on marketable equity securities sold	$ 4,000,000	$ 0	$ 4,000,000	$ 0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, number of positions | security	495		495
Investment securities available for sale, allowance for credit loss	$ 0		$ 0
Securities, nonaccrual	0		0			0
Total Past Due
Schedule of Investments [Line Items]
Securities past due	0		0			0
Asset Pledged as Collateral
Schedule of Investments [Line Items]
Investment securities, aggregate carrying value, pledged as collateral	$ 3,820,000,000		$ 3,820,000,000			$ 3,770,000,000
Visa, Inc | Class B
Schedule of Investments [Line Items]
Investment owned (in shares) | shares	354		354
Investment owned, carrying value	$ 0		$ 0
Visa, Inc | Class B-1
Schedule of Investments [Line Items]
Investment owned (in shares) | shares					354
Investment owned, carrying value					$ 0
Residential Mortgage Backed Securities or Government Agency Securities
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, number of positions | security	424		424
Corporate Bonds
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, number of positions | security	71		71

INVESTMENT SECURITIES - Sched_2

INVESTMENT SECURITIES - Schedule of Investment Securities Maturity Information (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Investment securities available for sale
Non-amortizing securities maturing in one year or less, amortized cost	$ 6,014	$ 5,674
Non-amortizing securities maturing in after one through five years, amortized cost	5,880	4,996
Non-amortizing securities maturing in after five through 10 years, amortized cost	373	408
Non-amortizing securities maturing in after 10 years, amortized cost	22	17
Amortized Cost	28,502	20,688
Non-amortizing securities maturing in one year or less, fair value	6,013	5,658
Non-amortizing securities maturing in after one through five years, fair value	5,925	4,959
Non-amortizing securities maturing in after five through 10 years, fair value	352	369
Non-amortizing securities maturing in after 10 years, fair value	21	16
Investment securities available for sale, fair value	28,190	19,936
Investment securities held to maturity
Non-amortizing securities maturing in one year or less, amortized cost	186	27
Non-amortizing securities maturing in after one through five years, amortized cost	1,564	1,636
Non-amortizing securities maturing in after five through 10 years, amortized cost	545	622
Amortized Cost	10,391	9,979
Non-amortizing securities maturing in one year or less, fair value	182	26
Non-amortizing securities maturing in after one through five years, fair value	1,477	1,508
Non-amortizing securities maturing in after five through 10 years, fair value	485	533
Investment securities held to maturity, cost, fair value	9,168	8,503
Government agency
Investment securities available for sale
Without single maturity date, amortized cost	87	120
Without single maturity date, fair value	85	117
Residential mortgage-backed securities
Investment securities available for sale
Without single maturity date, amortized cost	13,201	7,154
Without single maturity date, fair value	13,016	6,686
Investment securities held to maturity
Without single maturity date, amortized cost	4,667	4,205
Without single maturity date, fair value	4,159	3,561
Commercial mortgage-backed securities
Investment securities available for sale
Without single maturity date, amortized cost	2,925	2,319
Without single maturity date, fair value	2,778	2,131
Investment securities held to maturity
Without single maturity date, amortized cost	3,429	3,489
Without single maturity date, fair value	$ 2,865	$ 2,875

INVESTMENT SECURITIES - Sched_3

INVESTMENT SECURITIES - Schedule of Interest and Dividends on Investment Securities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investments [Abstract]
Interest income - taxable investment securities	$ 357	$ 178	$ 967	$ 402
Interest income - nontaxable investment securities	0	2	1	4
Dividend income - marketable equity securities	1	0	2	1
Interest on investment securities	$ 358	$ 180	$ 970	$ 407

INVESTMENT SECURITIES - Sched_4

INVESTMENT SECURITIES - Schedule of Realized Losses From Available-for-sale Securities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investments [Abstract]
Gross realized gains on sales of investment securities available for sale	$ 0	$ 0	$ 0	$ 0
Gross realized losses on sales of investment securities available for sale	0	(12)	0	(26)
Net realized losses on sales of investment securities available for sale	$ 0	$ (12)	$ 0	$ (26)

INVESTMENT SECURITIES - Sched_5

INVESTMENT SECURITIES - Schedule of Unrealized Losses (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	$ 659	$ 1,517
Investment securities available for sale, less than 12 months, unrealized losses	(2)	(13)
Investment securities available for sale, 12 months or more, fair value	7,041	7,865
Investment securities available for sale, 12 months or more, unrealized losses	(647)	(854)
Investment securities available for sale, fair value	7,700	9,382
Investment securities available for sale, unrealized losses	(649)	(867)
U.S. Treasury
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	304	955
Investment securities available for sale, less than 12 months, unrealized losses	0	0
Investment securities available for sale, 12 months or more, fair value	1,370	1,919
Investment securities available for sale, 12 months or more, unrealized losses	(26)	(80)
Investment securities available for sale, fair value	1,674	2,874
Investment securities available for sale, unrealized losses	(26)	(80)
Government agency
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	0	23
Investment securities available for sale, less than 12 months, unrealized losses	0	0
Investment securities available for sale, 12 months or more, fair value	85	94
Investment securities available for sale, 12 months or more, unrealized losses	(2)	(3)
Investment securities available for sale, fair value	85	117
Investment securities available for sale, unrealized losses	(2)	(3)
Residential mortgage-backed securities
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	260	293
Investment securities available for sale, less than 12 months, unrealized losses	(1)	(3)
Investment securities available for sale, 12 months or more, fair value	3,816	4,073
Investment securities available for sale, 12 months or more, unrealized losses	(418)	(537)
Investment securities available for sale, fair value	4,076	4,366
Investment securities available for sale, unrealized losses	(419)	(540)
Commercial mortgage-backed securities
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	91	157
Investment securities available for sale, less than 12 months, unrealized losses	(1)	(1)
Investment securities available for sale, 12 months or more, fair value	1,314	1,386
Investment securities available for sale, 12 months or more, unrealized losses	(171)	(196)
Investment securities available for sale, fair value	1,405	1,543
Investment securities available for sale, unrealized losses	(172)	(197)
Corporate Bonds
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	4	89
Investment securities available for sale, less than 12 months, unrealized losses	0	(9)
Investment securities available for sale, 12 months or more, fair value	456	393
Investment securities available for sale, 12 months or more, unrealized losses	(30)	(38)
Investment securities available for sale, fair value	460	482
Investment securities available for sale, unrealized losses	$ (30)	$ (47)

LOANS AND LEASES - Schedule of

LOANS AND LEASES - Schedule of Loans by Class (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 138,695	$ 133,302	$ 133,202
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	70,261	66,232
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,924	3,918
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,372	15,471
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,078	14,995
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	30,867	29,794
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,020	2,054
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	28,582	27,559
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	23,237	22,776
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,455	2,165
Consumer | Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,543	1,442
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,347	1,176
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39,852	39,511
SVB | Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27,114	25,553
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,128	1,403
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,434	2,897
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 9,176	$ 9,658

LOANS AND LEASES - Narrative (D

LOANS AND LEASES - Narrative (Details) - USD ($)		3 Months Ended		9 Months Ended
	Mar. 27, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, accrued interest receivable		$ 615,000,000		$ 615,000,000		$ 625,000,000
Financing receivable, amortization of purchase discount		$ 107,000,000	$ 275,000,000	$ 415,000,000	$ 535,000,000
Financing receivable, threshold period past due		30 days		30 days
Mortgage servicing rights		$ 62,000,000		$ 62,000,000		62,000,000
Modified loans that subsequently defaulted				39,000,000
Financing receivable, troubled debt restructuring, commitment to lend		44,000,000		44,000,000		13,000,000
Other secured financings | Federal Reserve Bank of Richmond | Secured Debt
Accounts, Notes, Loans and Financing Receivable [Line Items]
Long-term line of credit		0		0		$ 0
Purchase Money Note
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term	5 years
Notes payable	$ 36,070,000,000
FDIC Credit Facility
Accounts, Notes, Loans and Financing Receivable [Line Items]
FDIC advances, maximum amount available	$ 70,000,000,000
Unfunded Loan Commitment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, amortization of purchase discount		$ 16,000,000	$ 69,000,000	$ 71,000,000	$ 88,000,000

LOANS AND LEASES - Schedule o_2

LOANS AND LEASES - Schedule of Amortized Cost of Loans (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total net unamortized discount	$ 1,688	$ 2,036
Non-PCD
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred fees, including unamortized costs and unearned fees on non-PCD loans	(86)	(72)
Total net unamortized discount	1,577	1,860
PCD
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total net unamortized discount	$ 111	$ 176

LOANS AND LEASES - Schedule o_3

LOANS AND LEASES - Schedule of Loans and Leases Delinquency Status (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 138,695	$ 133,302	$ 133,202
Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,235	1,550
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	427	606
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	178	329
90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	630	615
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	137,460	131,752
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	70,261	66,232
Commercial | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	870	1,135
Commercial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	244	396
Commercial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	124	270
Commercial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	502	469
Commercial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	69,391	65,097
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,924	3,918
Commercial | Commercial construction | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	57	53
Commercial | Commercial construction | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	42	43
Commercial | Commercial construction | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	12	8
Commercial | Commercial construction | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	2
Commercial | Commercial construction | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,867	3,865
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,372	15,471
Commercial | Owner occupied commercial mortgage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	93	78
Commercial | Owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	37	21
Commercial | Owner occupied commercial mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	29	10
Commercial | Owner occupied commercial mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27	47
Commercial | Owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,279	15,393
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,078	14,995
Commercial | Non-owner occupied commercial mortgage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	409	571
Commercial | Non-owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8	100
Commercial | Non-owner occupied commercial mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	22	188
Commercial | Non-owner occupied commercial mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	379	283
Commercial | Non-owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	15,669	14,424
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	30,867	29,794
Commercial | Commercial and industrial | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	255	342
Commercial | Commercial and industrial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	126	177
Commercial | Commercial and industrial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	46	49
Commercial | Commercial and industrial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	83	116
Commercial | Commercial and industrial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	30,612	29,452
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,020	2,054
Commercial | Leases | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	56	91
Commercial | Leases | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	31	55
Commercial | Leases | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	15	15
Commercial | Leases | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10	21
Commercial | Leases | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,964	1,963
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	28,582	27,559
Consumer | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	330	300
Consumer | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	167	168
Consumer | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	45	42
Consumer | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	118	90
Consumer | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	28,252	27,259
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	23,237	22,776
Consumer | Residential mortgage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	265	242
Consumer | Residential mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	132	136
Consumer | Residential mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	33	33
Consumer | Residential mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	100	73
Consumer | Residential mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	22,972	22,534
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,455	2,165
Consumer | Revolving mortgage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	35	29
Consumer | Revolving mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18	15
Consumer | Revolving mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	6	3
Consumer | Revolving mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	11	11
Consumer | Revolving mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,420	2,136
Consumer | Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,543	1,442
Consumer | Consumer auto | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	17	14
Consumer | Consumer auto | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	11	9
Consumer | Consumer auto | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	3
Consumer | Consumer auto | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	2
Consumer | Consumer auto | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,526	1,428
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,347	1,176
Consumer | Consumer other | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	13	15
Consumer | Consumer other | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	6	8
Consumer | Consumer other | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	3
Consumer | Consumer other | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4	4
Consumer | Consumer other | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,334	1,161
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39,852	39,511
SVB | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	35	115
SVB | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16	42
SVB | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	17
SVB | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10	56
SVB | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39,817	39,396
SVB | Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27,114	25,553
SVB | Global fund banking | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | Global fund banking | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | Global fund banking | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | Global fund banking | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | Global fund banking | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27,114	25,553
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,128	1,403
SVB | Investor dependent - early stage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	7	31
SVB | Investor dependent - early stage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	10
SVB | Investor dependent - early stage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	12
SVB | Investor dependent - early stage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	9
SVB | Investor dependent - early stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,121	1,372
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,434	2,897
SVB | Investor dependent - growth stage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	14
SVB | Investor dependent - growth stage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	5
SVB | Investor dependent - growth stage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	2
SVB | Investor dependent - growth stage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	6	7
SVB | Investor dependent - growth stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,425	2,883
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9,176	9,658
SVB | Innovation C&I and cash flow dependent | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	19	70
SVB | Innovation C&I and cash flow dependent | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14	27
SVB | Innovation C&I and cash flow dependent | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	3
SVB | Innovation C&I and cash flow dependent | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	40
SVB | Innovation C&I and cash flow dependent | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 9,157	$ 9,588

LOANS AND LEASES - Schedule o_4

LOANS AND LEASES - Schedule of Nonaccrual Status (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	$ 1,244	$ 969
Loans > 90 Days and Accruing	131	123
Financing receivable, accrued interest reversed to nonaccrual status	11	10
Financing receivable, nonaccrual without allowance for credit loss	303	138
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	868	698
Loans > 90 Days and Accruing	121	114
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	4	2
Loans > 90 Days and Accruing	3	1
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	76	60
Loans > 90 Days and Accruing	7	8
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	469	411
Loans > 90 Days and Accruing	86	39
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	288	194
Loans > 90 Days and Accruing	24	59
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	31	31
Loans > 90 Days and Accruing	1	7
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	169	154
Loans > 90 Days and Accruing	10	7
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	138	127
Loans > 90 Days and Accruing	7	4
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	22	21
Loans > 90 Days and Accruing	0	0
Consumer | Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	7	5
Loans > 90 Days and Accruing	0	0
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	2	1
Loans > 90 Days and Accruing	3	3
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	207	117
Loans > 90 Days and Accruing	0	2
SVB | Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	0	0
Loans > 90 Days and Accruing	0	0
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	56	37
Loans > 90 Days and Accruing	0	2
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	35	37
Loans > 90 Days and Accruing	0	0
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual Loans	116	43
Loans > 90 Days and Accruing	$ 0	$ 0

LOANS AND LEASES - Schedule o_5

LOANS AND LEASES - Schedule of Loans Disaggregated by Year of Origination and by Risk Rating (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 138,695	$ 133,302	$ 133,202
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	137,460	131,752
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	427	606
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	178	329
90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	630	615
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	13,490	16,239
Term loans by origination year, year two	13,575	13,688
Term loans by origination year, year three	12,464	9,909
Term loans by origination year, year four	8,222	7,192
Term loans by origination year, year five	5,966	4,877
Prior year	9,047	6,505
Revolving	7,403	7,746
Revolving Converted to Term Loans	94	76
Total loans and leases	70,261	66,232
Commercial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	69,391	65,097
Commercial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	244	396
Commercial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	124	270
Commercial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	502	469
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	817	1,062
Term loans by origination year, year two	1,779	1,672
Term loans by origination year, year three	1,484	631
Term loans by origination year, year four	413	338
Term loans by origination year, year five	179	110
Prior year	127	62
Revolving	125	39
Revolving Converted to Term Loans	0	4
Total loans and leases	4,924	3,918
Commercial | Commercial construction | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,867	3,865
Commercial | Commercial construction | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	42	43
Commercial | Commercial construction | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	12	8
Commercial | Commercial construction | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	2
Commercial | Commercial construction | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	817	1,062
Term loans by origination year, year two	1,746	1,615
Term loans by origination year, year three	1,348	620
Term loans by origination year, year four	369	226
Term loans by origination year, year five	165	63
Prior year	75	57
Revolving	125	39
Revolving Converted to Term Loans	0	4
Total loans and leases	4,645	3,686
Commercial | Commercial construction | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	27	10
Term loans by origination year, year three	68	6
Term loans by origination year, year four	31	81
Term loans by origination year, year five	7	47
Prior year	23	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	156	144
Commercial | Commercial construction | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	6	47
Term loans by origination year, year three	68	5
Term loans by origination year, year four	9	31
Term loans by origination year, year five	7	0
Prior year	29	5
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	119	88
Commercial | Commercial construction | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	4	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	4	0
Commercial | Commercial construction | Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1,976	2,577
Term loans by origination year, year two	2,515	2,969
Term loans by origination year, year three	2,977	3,025
Term loans by origination year, year four	2,796	2,556
Term loans by origination year, year five	2,339	1,754
Prior year	3,525	2,355
Revolving	214	204
Revolving Converted to Term Loans	30	31
Total loans and leases	16,372	15,471
Commercial | Owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,279	15,393
Commercial | Owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	37	21
Commercial | Owner occupied commercial mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	29	10
Commercial | Owner occupied commercial mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27	47
Commercial | Owner occupied commercial mortgage | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1,952	2,544
Term loans by origination year, year two	2,443	2,859
Term loans by origination year, year three	2,832	2,902
Term loans by origination year, year four	2,686	2,467
Term loans by origination year, year five	2,245	1,666
Prior year	3,191	2,107
Revolving	195	193
Revolving Converted to Term Loans	29	31
Total loans and leases	15,573	14,769
Commercial | Owner occupied commercial mortgage | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	11	26
Term loans by origination year, year two	39	19
Term loans by origination year, year three	28	24
Term loans by origination year, year four	57	28
Term loans by origination year, year five	34	43
Prior year	94	72
Revolving	9	1
Revolving Converted to Term Loans	0	0
Total loans and leases	272	213
Commercial | Owner occupied commercial mortgage | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	13	7
Term loans by origination year, year two	33	91
Term loans by origination year, year three	117	99
Term loans by origination year, year four	53	61
Term loans by origination year, year five	60	45
Prior year	236	176
Revolving	10	10
Revolving Converted to Term Loans	1	0
Total loans and leases	523	489
Commercial | Owner occupied commercial mortgage | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	4	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	4	0
Commercial | Owner occupied commercial mortgage | Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2,076	3,148
Term loans by origination year, year two	3,144	3,243
Term loans by origination year, year three	3,253	2,274
Term loans by origination year, year four	2,210	2,096
Term loans by origination year, year five	1,879	1,751
Prior year	3,402	2,389
Revolving	111	91
Revolving Converted to Term Loans	3	3
Total loans and leases	16,078	14,995
Commercial | Non-owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	15,669	14,424
Commercial | Non-owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8	100
Commercial | Non-owner occupied commercial mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	22	188
Commercial | Non-owner occupied commercial mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	379	283
Commercial | Non-owner occupied commercial mortgage | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2,074	3,132
Term loans by origination year, year two	3,106	3,150
Term loans by origination year, year three	2,798	2,212
Term loans by origination year, year four	2,130	1,860
Term loans by origination year, year five	1,721	1,148
Prior year	2,450	1,930
Revolving	110	80
Revolving Converted to Term Loans	3	3
Total loans and leases	14,392	13,515
Commercial | Non-owner occupied commercial mortgage | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	14
Term loans by origination year, year two	37	45
Term loans by origination year, year three	332	33
Term loans by origination year, year four	57	96
Term loans by origination year, year five	4	171
Prior year	118	90
Revolving	0	9
Revolving Converted to Term Loans	0	0
Total loans and leases	548	458
Commercial | Non-owner occupied commercial mortgage | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2	2
Term loans by origination year, year two	1	48
Term loans by origination year, year three	123	27
Term loans by origination year, year four	23	127
Term loans by origination year, year five	137	365
Prior year	729	330
Revolving	1	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,016	899
Commercial | Non-owner occupied commercial mortgage | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	2
Term loans by origination year, year four	0	13
Term loans by origination year, year five	17	67
Prior year	105	39
Revolving	0	2
Revolving Converted to Term Loans	0	0
Total loans and leases	122	123
Commercial | Non-owner occupied commercial mortgage | Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	8,025	8,671
Term loans by origination year, year two	5,529	5,247
Term loans by origination year, year three	4,345	3,645
Term loans by origination year, year four	2,596	1,966
Term loans by origination year, year five	1,433	1,160
Prior year	1,925	1,655
Revolving	6,953	7,412
Revolving Converted to Term Loans	61	38
Total loans and leases	30,867	29,794
Commercial | Commercial and industrial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	30,612	29,452
Commercial | Commercial and industrial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	126	177
Commercial | Commercial and industrial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	46	49
Commercial | Commercial and industrial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	83	116
Commercial | Commercial and industrial | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	7,831	8,472
Term loans by origination year, year two	5,341	4,858
Term loans by origination year, year three	3,868	3,347
Term loans by origination year, year four	2,221	1,660
Term loans by origination year, year five	1,250	952
Prior year	1,584	1,351
Revolving	6,326	6,818
Revolving Converted to Term Loans	58	34
Total loans and leases	28,479	27,492
Commercial | Commercial and industrial | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	87	105
Term loans by origination year, year two	49	134
Term loans by origination year, year three	206	149
Term loans by origination year, year four	231	89
Term loans by origination year, year five	8	69
Prior year	71	26
Revolving	99	194
Revolving Converted to Term Loans	0	0
Total loans and leases	751	766
Commercial | Commercial and industrial | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	105	92
Term loans by origination year, year two	114	236
Term loans by origination year, year three	231	144
Term loans by origination year, year four	133	217
Term loans by origination year, year five	173	127
Prior year	247	258
Revolving	373	264
Revolving Converted to Term Loans	3	4
Total loans and leases	1,379	1,342
Commercial | Commercial and industrial | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2	2
Term loans by origination year, year two	25	19
Term loans by origination year, year three	40	5
Term loans by origination year, year four	11	0
Term loans by origination year, year five	2	12
Prior year	23	20
Revolving	13	13
Revolving Converted to Term Loans	0	0
Total loans and leases	116	71
Commercial | Commercial and industrial | Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	142	123
Revolving Converted to Term Loans	0	0
Total loans and leases	142	123
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	596	781
Term loans by origination year, year two	608	557
Term loans by origination year, year three	405	334
Term loans by origination year, year four	207	236
Term loans by origination year, year five	136	102
Prior year	68	44
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	2,020	2,054
Commercial | Leases | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,964	1,963
Commercial | Leases | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	31	55
Commercial | Leases | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	15	15
Commercial | Leases | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10	21
Commercial | Leases | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	571	732
Term loans by origination year, year two	558	499
Term loans by origination year, year three	347	290
Term loans by origination year, year four	179	209
Term loans by origination year, year five	112	91
Prior year	59	35
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,826	1,856
Commercial | Leases | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	8	18
Term loans by origination year, year two	16	22
Term loans by origination year, year three	31	20
Term loans by origination year, year four	12	7
Term loans by origination year, year five	9	4
Prior year	0	1
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	76	72
Commercial | Leases | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	16	28
Term loans by origination year, year two	31	32
Term loans by origination year, year three	24	21
Term loans by origination year, year four	14	19
Term loans by origination year, year five	14	6
Prior year	9	8
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	108	114
Commercial | Leases | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1	3
Term loans by origination year, year two	3	4
Term loans by origination year, year three	3	3
Term loans by origination year, year four	2	1
Term loans by origination year, year five	1	1
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	10	12
Commercial | Leases | Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	3,653	4,560
Term loans by origination year, year two	3,527	4,548
Term loans by origination year, year three	2,845	1,632
Term loans by origination year, year four	823	513
Term loans by origination year, year five	294	129
Prior year	56	60
Revolving	28,630	27,996
Revolving Converted to Term Loans	24	73
Total loans and leases	39,852	39,511
SVB | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39,817	39,396
SVB | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16	42
SVB | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	17
SVB | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10	56
SVB | Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	854	453
Term loans by origination year, year two	220	209
Term loans by origination year, year three	167	49
Term loans by origination year, year four	31	39
Term loans by origination year, year five	18	14
Prior year	14	3
Revolving	25,793	24,720
Revolving Converted to Term Loans	17	66
Total loans and leases	27,114	25,553
SVB | Global fund banking | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27,114	25,553
SVB | Global fund banking | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | Global fund banking | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | Global fund banking | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | Global fund banking | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	854	453
Term loans by origination year, year two	220	202
Term loans by origination year, year three	162	40
Term loans by origination year, year four	23	36
Term loans by origination year, year five	16	14
Prior year	14	3
Revolving	25,792	24,702
Revolving Converted to Term Loans	17	66
Total loans and leases	27,098	25,516
SVB | Global fund banking | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
SVB | Global fund banking | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	7
Term loans by origination year, year three	5	9
Term loans by origination year, year four	8	3
Term loans by origination year, year five	2	0
Prior year	0	0
Revolving	1	18
Revolving Converted to Term Loans	0	0
Total loans and leases	16	37
SVB | Global fund banking | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
SVB | Global fund banking | Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	273	481
Term loans by origination year, year two	422	617
Term loans by origination year, year three	252	140
Term loans by origination year, year four	36	7
Term loans by origination year, year five	0	1
Prior year	0	1
Revolving	142	154
Revolving Converted to Term Loans	3	2
Total loans and leases	1,128	1,403
SVB | Investor dependent - early stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,121	1,372
SVB | Investor dependent - early stage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	10
SVB | Investor dependent - early stage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	12
SVB | Investor dependent - early stage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	9
SVB | Investor dependent - early stage | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	242	421
Term loans by origination year, year two	321	453
Term loans by origination year, year three	157	85
Term loans by origination year, year four	18	4
Term loans by origination year, year five	0	1
Prior year	0	0
Revolving	96	99
Revolving Converted to Term Loans	3	2
Total loans and leases	837	1,065
SVB | Investor dependent - early stage | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	3	8
Term loans by origination year, year two	17	14
Term loans by origination year, year three	1	1
Term loans by origination year, year four	1	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	22	23
SVB | Investor dependent - early stage | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	9	40
Term loans by origination year, year two	69	138
Term loans by origination year, year three	78	51
Term loans by origination year, year four	17	3
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	44	51
Revolving Converted to Term Loans	0	0
Total loans and leases	217	283
SVB | Investor dependent - early stage | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	19	12
Term loans by origination year, year two	15	12
Term loans by origination year, year three	16	3
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	1
Revolving	2	4
Revolving Converted to Term Loans	0	0
Total loans and leases	52	32
SVB | Investor dependent - early stage | Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	783	1,106
Term loans by origination year, year two	753	1,196
Term loans by origination year, year three	566	320
Term loans by origination year, year four	79	32
Term loans by origination year, year five	1	9
Prior year	0	2
Revolving	248	227
Revolving Converted to Term Loans	4	5
Total loans and leases	2,434	2,897
SVB | Investor dependent - growth stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,425	2,883
SVB | Investor dependent - growth stage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	5
SVB | Investor dependent - growth stage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	2
SVB | Investor dependent - growth stage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	6	7
SVB | Investor dependent - growth stage | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	744	1,034
Term loans by origination year, year two	681	967
Term loans by origination year, year three	415	217
Term loans by origination year, year four	52	25
Term loans by origination year, year five	0	8
Prior year	0	2
Revolving	202	198
Revolving Converted to Term Loans	4	5
Total loans and leases	2,098	2,456
SVB | Investor dependent - growth stage | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	5	6
Term loans by origination year, year two	15	25
Term loans by origination year, year three	9	0
Term loans by origination year, year four	1	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	26	0
Revolving Converted to Term Loans	0	0
Total loans and leases	56	31
SVB | Investor dependent - growth stage | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	26	66
Term loans by origination year, year two	53	192
Term loans by origination year, year three	129	83
Term loans by origination year, year four	17	7
Term loans by origination year, year five	1	1
Prior year	0	0
Revolving	18	27
Revolving Converted to Term Loans	0	0
Total loans and leases	244	376
SVB | Investor dependent - growth stage | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	8	0
Term loans by origination year, year two	4	12
Term loans by origination year, year three	13	20
Term loans by origination year, year four	9	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	2	2
Revolving Converted to Term Loans	0	0
Total loans and leases	36	34
SVB | Investor dependent - growth stage | Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1,743	2,520
Term loans by origination year, year two	2,132	2,526
Term loans by origination year, year three	1,860	1,123
Term loans by origination year, year four	677	435
Term loans by origination year, year five	275	105
Prior year	42	54
Revolving	2,447	2,895
Revolving Converted to Term Loans	0	0
Total loans and leases	9,176	9,658
SVB | Innovation C&I and cash flow dependent | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9,157	9,588
SVB | Innovation C&I and cash flow dependent | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14	27
SVB | Innovation C&I and cash flow dependent | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	3
SVB | Innovation C&I and cash flow dependent | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	40
SVB | Innovation C&I and cash flow dependent | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1,523	2,370
Term loans by origination year, year two	1,781	2,238
Term loans by origination year, year three	1,476	833
Term loans by origination year, year four	465	293
Term loans by origination year, year five	204	80
Prior year	25	44
Revolving	2,009	2,598
Revolving Converted to Term Loans	0	0
Total loans and leases	7,483	8,456
SVB | Innovation C&I and cash flow dependent | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	108	99
Term loans by origination year, year two	169	103
Term loans by origination year, year three	123	36
Term loans by origination year, year four	55	66
Term loans by origination year, year five	4	0
Prior year	17	0
Revolving	91	92
Revolving Converted to Term Loans	0	0
Total loans and leases	567	396
SVB | Innovation C&I and cash flow dependent | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	112	51
Term loans by origination year, year two	182	185
Term loans by origination year, year three	254	254
Term loans by origination year, year four	157	76
Term loans by origination year, year five	67	25
Prior year	0	0
Revolving	242	175
Revolving Converted to Term Loans	0	0
Total loans and leases	1,014	766
SVB | Innovation C&I and cash flow dependent | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	7	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	10
Revolving	105	30
Revolving Converted to Term Loans	0	0
Total loans and leases	112	40
SVB | Innovation C&I and cash flow dependent | Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2,430	3,903
Term loans by origination year, year two	3,637	6,212
Term loans by origination year, year three	5,800	5,860
Term loans by origination year, year four	5,485	3,331
Term loans by origination year, year five	3,105	1,455
Prior year	4,792	3,920
Revolving	3,215	2,787
Revolving Converted to Term Loans	118	91
Total loans and leases	28,582	27,559
Consumer | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	28,252	27,259
Consumer | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	167	168
Consumer | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	45	42
Consumer | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	118	90
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1,785	3,160
Term loans by origination year, year two	3,058	5,609
Term loans by origination year, year three	5,376	5,543
Term loans by origination year, year four	5,267	3,191
Term loans by origination year, year five	3,016	1,393
Prior year	4,731	3,867
Revolving	4	13
Revolving Converted to Term Loans	0	0
Total loans and leases	23,237	22,776
Consumer | Residential mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1,783	3,155
Term loans by origination year, year two	3,046	5,588
Term loans by origination year, year three	5,352	5,521
Term loans by origination year, year four	5,244	3,174
Term loans by origination year, year five	2,988	1,381
Prior year	4,555	3,702
Revolving	4	13
Revolving Converted to Term Loans	0	0
Total loans and leases	22,972	22,534
Consumer | Residential mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2	3
Term loans by origination year, year two	9	16
Term loans by origination year, year three	15	15
Term loans by origination year, year four	10	7
Term loans by origination year, year five	14	10
Prior year	82	85
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	132	136
Consumer | Residential mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	1
Term loans by origination year, year two	0	1
Term loans by origination year, year three	2	5
Term loans by origination year, year four	3	4
Term loans by origination year, year five	4	1
Prior year	24	21
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	33	33
Consumer | Residential mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	1
Term loans by origination year, year two	3	4
Term loans by origination year, year three	7	2
Term loans by origination year, year four	10	6
Term loans by origination year, year five	10	1
Prior year	70	59
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	100	73
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	2,337	2,074
Revolving Converted to Term Loans	118	91
Total loans and leases	2,455	2,165
Consumer | Revolving mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	2,320	2,056
Revolving Converted to Term Loans	100	80
Total loans and leases	2,420	2,136
Consumer | Revolving mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	13	11
Revolving Converted to Term Loans	5	4
Total loans and leases	18	15
Consumer | Revolving mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	1	1
Revolving Converted to Term Loans	5	2
Total loans and leases	6	3
Consumer | Revolving mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	3	6
Revolving Converted to Term Loans	8	5
Total loans and leases	11	11
Consumer | Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	517	527
Term loans by origination year, year two	406	432
Term loans by origination year, year three	316	265
Term loans by origination year, year four	183	132
Term loans by origination year, year five	83	57
Prior year	38	29
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,543	1,442
Consumer | Consumer auto | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	516	525
Term loans by origination year, year two	400	427
Term loans by origination year, year three	311	261
Term loans by origination year, year four	180	131
Term loans by origination year, year five	82	56
Prior year	37	28
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,526	1,428
Consumer | Consumer auto | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1	1
Term loans by origination year, year two	3	3
Term loans by origination year, year three	3	2
Term loans by origination year, year four	2	1
Term loans by origination year, year five	1	1
Prior year	1	1
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	11	9
Consumer | Consumer auto | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	1
Term loans by origination year, year two	2	1
Term loans by origination year, year three	1	1
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	3	3
Consumer | Consumer auto | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	1	1
Term loans by origination year, year three	1	1
Term loans by origination year, year four	1	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	3	2
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	128	216
Term loans by origination year, year two	173	171
Term loans by origination year, year three	108	52
Term loans by origination year, year four	35	8
Term loans by origination year, year five	6	5
Prior year	23	24
Revolving	874	700
Revolving Converted to Term Loans	0	0
Total loans and leases	1,347	1,176
Consumer | Consumer other | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	127	215
Term loans by origination year, year two	172	170
Term loans by origination year, year three	108	52
Term loans by origination year, year four	35	8
Term loans by origination year, year five	6	5
Prior year	20	21
Revolving	866	690
Revolving Converted to Term Loans	0	0
Total loans and leases	1,334	1,161
Consumer | Consumer other | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1	1
Term loans by origination year, year two	0	1
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	1	0
Revolving	4	6
Revolving Converted to Term Loans	0	0
Total loans and leases	6	8
Consumer | Consumer other | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	1	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	1
Revolving	2	2
Revolving Converted to Term Loans	0	0
Total loans and leases	3	3
Consumer | Consumer other | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	0	0
Term loans by origination year, year two	0	0
Term loans by origination year, year three	0	0
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	2	2
Revolving	2	2
Revolving Converted to Term Loans	0	0
Total loans and leases	$ 4	$ 4

LOANS AND LEASES - Schedule o_6

LOANS AND LEASES - Schedule of Loans Charge-offs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 177	$ 199	$ 464	$ 437
Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			9	43
Year two			79	119
Year three			134	63
Year four			48	67
Year five			28	53
Prior year			96	26
Revolving			69	65
Revolving Converted to Term Loans			1	1
Total			464	437
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	116	83	287	207
Commercial | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			9	6
Year two			37	60
Year three			69	26
Year four			19	10
Year five			25	53
Prior year			89	24
Revolving			38	27
Revolving Converted to Term Loans			1	1
Total			287	207
Commercial | Owner occupied commercial mortgage | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	0
Year two			0	0
Year three			0	0
Year four			0	0
Year five			0	0
Prior year			8	0
Revolving			0	1
Revolving Converted to Term Loans			0	0
Total			8	1
Commercial | Non-owner occupied commercial mortgage | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	0
Year two			0	0
Year three			0	0
Year four			0	0
Year five			19	48
Prior year			70	12
Revolving			0	0
Revolving Converted to Term Loans			0	0
Total			89	60
Commercial | Commercial and industrial | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			8	5
Year two			33	53
Year three			65	22
Year four			15	7
Year five			4	4
Prior year			9	11
Revolving			38	26
Revolving Converted to Term Loans			1	1
Total			173	129
Commercial | Leases | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			1	1
Year two			4	7
Year three			4	4
Year four			4	3
Year five			2	1
Prior year			2	1
Revolving			0	0
Revolving Converted to Term Loans			0	0
Total			17	17
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	8	7	21	21
Consumer | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	5
Year two			3	2
Year three			2	2
Year four			2	1
Year five			0	0
Prior year			2	2
Revolving			12	9
Revolving Converted to Term Loans			0	0
Total			21	21
Consumer | Residential mortgage | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	0
Year two			0	0
Year three			0	0
Year four			0	0
Year five			0	0
Prior year			1	2
Revolving			0	0
Revolving Converted to Term Loans			0	0
Total			1	2
Consumer | Consumer auto | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	0
Year two			2	1
Year three			1	1
Year four			1	1
Year five			0	0
Prior year			0	0
Revolving			0	0
Revolving Converted to Term Loans			0	0
Total			4	3
Consumer | Consumer other | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	5
Year two			1	1
Year three			1	1
Year four			1	0
Year five			0	0
Prior year			1	0
Revolving			12	9
Revolving Converted to Term Loans			0	0
Total			16	16
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 53	$ 109	156	209
SVB | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	32
Year two			39	57
Year three			63	35
Year four			27	56
Year five			3	0
Prior year			5	0
Revolving			19	29
Revolving Converted to Term Loans			0	0
Total			156	209
SVB | Investor dependent - early stage | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	1
Year two			28	17
Year three			40	18
Year four			18	3
Year five			2	0
Prior year			0	0
Revolving			6	10
Revolving Converted to Term Loans			0	0
Total			94	49
SVB | Investor dependent - growth stage | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	24
Year two			9	40
Year three			23	17
Year four			9	13
Year five			1	0
Prior year			4	0
Revolving			1	1
Revolving Converted to Term Loans			0	0
Total			47	95
SVB | Innovation C&I and cash flow dependent | Amount of Principal Forgiven
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one			0	7
Year two			2	0
Year three			0	0
Year four			0	40
Year five			0	0
Prior year			1	0
Revolving			12	18
Revolving Converted to Term Loans			0	0
Total			$ 15	$ 65

LOANS AND LEASES - Schedule o_7

LOANS AND LEASES - Schedule of Amortized Cost of Loans Modified (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 255	$ 295	$ 660	$ 640	$ 736
Percent of Total Loan Class	0.18%	0.22%	0.48%	0.48%
Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 193	$ 247	$ 356	$ 566
Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	41	39	176	60
Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	35	2
Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	12	9	23	12
Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	9		69	0
Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	1	0
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 164	$ 229	$ 403	$ 503	441
Percent of Total Loan Class	0.23%	0.36%	0.57%	0.78%
Commercial | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 145	$ 213	$ 280	$ 470
Commercial | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	7	13	31	28
Commercial | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	35	2
Commercial | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	11	3	21	3
Commercial | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1		36	0
Commercial | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		$ 13	$ 3	$ 14	3
Percent of Total Loan Class		0.34%	0.06%	0.35%
Commercial | Commercial construction | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		$ 13	$ 3	$ 14
Commercial | Commercial construction | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Commercial | Commercial construction | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Commercial | Commercial construction | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Commercial | Commercial construction | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			0	0
Commercial | Commercial construction | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 24	$ 1	$ 59	$ 25	61
Percent of Total Loan Class	0.15%	0.01%	0.36%	0.15%
Commercial | Owner occupied commercial mortgage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 15	$ 1	$ 36	$ 23
Commercial | Owner occupied commercial mortgage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1	0	1	0
Commercial | Owner occupied commercial mortgage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	4	2
Commercial | Owner occupied commercial mortgage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	8	0	9	0
Commercial | Owner occupied commercial mortgage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0		9	0
Commercial | Owner occupied commercial mortgage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 36	$ 155	$ 140	$ 327	173
Percent of Total Loan Class	0.22%	1.09%	0.88%	2.29%
Commercial | Non-owner occupied commercial mortgage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 30	$ 155	$ 108	$ 327
Commercial | Non-owner occupied commercial mortgage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	6	0	6	0
Commercial | Non-owner occupied commercial mortgage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
Commercial | Non-owner occupied commercial mortgage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
Commercial | Non-owner occupied commercial mortgage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0		26	0
Commercial | Non-owner occupied commercial mortgage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 104	$ 60	$ 201	$ 137	204
Percent of Total Loan Class	0.34%	0.21%	0.65%	0.48%
Commercial | Commercial and industrial | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 100	$ 44	$ 133	$ 106
Commercial | Commercial and industrial | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	13	24	28
Commercial | Commercial and industrial | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	31	0
Commercial | Commercial and industrial | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	3	3	12	3
Commercial | Commercial and industrial | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1		1	0
Commercial | Commercial and industrial | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 3	$ 3	$ 13	$ 8	22
Percent of Total Loan Class	0.01%	0.01%	0.05%	0.03%
Consumer | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 2	$ 3	$ 11	$ 5
Consumer | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
Consumer | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
Consumer | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1	0	2	3
Consumer | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0		0	0
Consumer | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 2	$ 3	$ 8	$ 8	16
Percent of Total Loan Class	0.01%	0.01%	0.04%	0.04%
Consumer | Residential mortgage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 1	$ 3	$ 7	$ 5
Consumer | Residential mortgage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
Consumer | Residential mortgage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
Consumer | Residential mortgage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1	0	1	3
Consumer | Residential mortgage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0		0	0
Consumer | Residential mortgage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 1		$ 5		6
Percent of Total Loan Class	0.05%		0.20%
Consumer | Revolving mortgage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 1		$ 4
Consumer | Revolving mortgage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0		0
Consumer | Revolving mortgage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0		0
Consumer | Revolving mortgage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0		1
Consumer | Revolving mortgage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0		0
Consumer | Revolving mortgage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total			0
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 88	$ 63	$ 244	$ 129	273
Percent of Total Loan Class	0.22%	0.15%	0.61%	0.31%
SVB | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 46	$ 31	$ 65	$ 91
SVB | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	34	26	145	32
SVB | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
SVB | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	6	0	6
SVB | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	8		33	0
SVB | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	1	0
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 17	$ 20	$ 41	$ 27	41
Percent of Total Loan Class	1.54%	1.17%	3.55%	1.59%
SVB | Investor dependent - early stage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 0	$ 2	$ 0	$ 3
SVB | Investor dependent - early stage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	15	12	23	18
SVB | Investor dependent - early stage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
SVB | Investor dependent - early stage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	6	0	6
SVB | Investor dependent - early stage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2		17	0
SVB | Investor dependent - early stage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	1	0
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 31	$ 23	$ 78	$ 23	87
Percent of Total Loan Class	1.29%	0.58%	3.22%	0.58%
SVB | Investor dependent - growth stage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 6	$ 9	$ 7	$ 9
SVB | Investor dependent - growth stage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	19	14	55	14
SVB | Investor dependent - growth stage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
SVB | Investor dependent - growth stage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
SVB | Investor dependent - growth stage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	6		16	0
SVB | Investor dependent - growth stage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		0	0	0
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 40	$ 20	$ 125	$ 79	$ 145
Percent of Total Loan Class	0.43%	0.23%	1.36%	0.90%
SVB | Innovation C&I and cash flow dependent | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 40	$ 20	$ 58	$ 79
SVB | Innovation C&I and cash flow dependent | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	67	0
SVB | Innovation C&I and cash flow dependent | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
SVB | Innovation C&I and cash flow dependent | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0	0	0
SVB | Innovation C&I and cash flow dependent | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 0		0	0
SVB | Innovation C&I and cash flow dependent | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total		$ 0	$ 0	$ 0

LOANS AND LEASES - Schedule o_8

LOANS AND LEASES - Schedule of Financial Effects of Loans Modified (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	14 months	9 months	19 months	13 months
Weighted Average Interest Rate Reduction	2.19%	1.49%	1.07%	2.21%
Weighted Average Payment Delay (in Months)	6 months	6 months	14 months	6 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	15 months	8 months	20 months	13 months
Weighted Average Interest Rate Reduction	2.03%	2.12%	0.93%	2.66%
Weighted Average Payment Delay (in Months)	6 months	7 months	26 months	6 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	36 months	3 months	15 months	4 months
Weighted Average Interest Rate Reduction	0.60%	0%	0.60%	0%
Weighted Average Payment Delay (in Months)	0 months	0 months	0 months	0 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	17 months	19 months	28 months	14 months
Weighted Average Interest Rate Reduction	1.82%	4.25%	1.67%	3.53%
Weighted Average Payment Delay (in Months)	6 months	0 months	18 months	0 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	7 months	6 months	20 months	11 months
Weighted Average Interest Rate Reduction	0%	0%	0%	0%
Weighted Average Payment Delay (in Months)	6 months	0 months	40 months	0 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	17 months	14 months	16 months	19 months
Weighted Average Interest Rate Reduction	2.61%	2.11%	0.71%	2.25%
Weighted Average Payment Delay (in Months)	6 months	7 months	11 months	6 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	11 months		11 months
Weighted Average Interest Rate Reduction	0%		0%
Weighted Average Payment Delay (in Months)	0 months		6 months
Amount of Principal Forgiven	$ 0		$ 0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	52 months	88 months	66 months	74 months
Weighted Average Interest Rate Reduction	3.29%	4.41%	3.41%	3.56%
Weighted Average Payment Delay (in Months)	11 months	0 months	11 months	0 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	47 months	91 months	70 months	76 months
Weighted Average Interest Rate Reduction	2.07%	5.25%	2.09%	3.52%
Weighted Average Payment Delay (in Months)	11 months	0 months	11 months	0 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	60 months	58 months	60 months	57 months
Weighted Average Interest Rate Reduction	5.42%	3.40%	4.73%	2.44%
Weighted Average Payment Delay (in Months)	0 months	0 months	0 months	0 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
Consumer | Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	31 months		29 months	25 months
Weighted Average Interest Rate Reduction	0%		0.26%	0.70%
Weighted Average Payment Delay (in Months)	0 months		0 months	0 months
Amount of Principal Forgiven	$ 0		$ 0	$ 0
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	60 months	36 months	57 months	54 months
Weighted Average Interest Rate Reduction	10.54%	7.63%	9.65%	8.47%
Weighted Average Payment Delay (in Months)	0 months	0 months	0 months	0 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	11 months	7 months	11 months	5 months
Weighted Average Interest Rate Reduction	0%	1%	2.75%	1%
Weighted Average Payment Delay (in Months)	6 months	5 months	9 months	5 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	6 months	10 months	9 months	9 months
Weighted Average Interest Rate Reduction	0%	1%	2.75%	1%
Weighted Average Payment Delay (in Months)	7 months	5 months	8 months	5 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	9 months	11 months	12 months	11 months
Weighted Average Interest Rate Reduction	0%	0%	0%	0%
Weighted Average Payment Delay (in Months)	6 months	5 months	8 months	5 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	12 months	4 months	12 months	4 months
Weighted Average Interest Rate Reduction	0%	0%	0%	0%
Weighted Average Payment Delay (in Months)	0 months	0 months	12 months	0 months
Amount of Principal Forgiven	$ 0	$ 0	$ 0	$ 0

LOANS AND LEASES - Schedule o_9

LOANS AND LEASES - Schedule of Loans Modified, Past Due (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 255	$ 295	$ 660	$ 640	$ 736
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				580	697
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				17	3
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				6	11
90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				37	25
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	164	229	403	503	441
Commercial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				466	410
Commercial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	2
Commercial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	9
Commercial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				37	20
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases		13	3	14	3
Commercial | Commercial construction | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				14	3
Commercial | Commercial construction | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
Commercial | Commercial construction | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
Commercial | Commercial construction | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	24	1	59	25	61
Commercial | Owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				25	50
Commercial | Owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
Commercial | Owner occupied commercial mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	9
Commercial | Owner occupied commercial mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	2
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	36	155	140	327	173
Commercial | Non-owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				290	156
Commercial | Non-owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	1
Commercial | Non-owner occupied commercial mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
Commercial | Non-owner occupied commercial mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				37	16
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	104	60	201	137	204
Commercial | Commercial and industrial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				137	201
Commercial | Commercial and industrial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	1
Commercial | Commercial and industrial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
Commercial | Commercial and industrial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	2
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	3	13	8	22
Consumer | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				7	15
Consumer | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				1	1
Consumer | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	2
Consumer | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	4
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	3	8	8	16
Consumer | Residential mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				7	9
Consumer | Residential mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				1	1
Consumer | Residential mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	2
Consumer | Residential mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	4
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1		5		6
Consumer | Revolving mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases					6
Consumer | Revolving mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases					0
Consumer | Revolving mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases					0
Consumer | Revolving mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases					0
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	88	63	244	129	273
SVB | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				107	272
SVB | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				16	0
SVB | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				6	0
SVB | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	1
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	17	20	41	27	41
SVB | Investor dependent - early stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				24	40
SVB | Investor dependent - early stage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
SVB | Investor dependent - early stage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				3	0
SVB | Investor dependent - early stage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	1
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	31	23	78	23	87
SVB | Investor dependent - growth stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				20	87
SVB | Investor dependent - growth stage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
SVB | Investor dependent - growth stage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				3	0
SVB | Investor dependent - growth stage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 40	$ 20	$ 125	79	145
SVB | Innovation C&I and cash flow dependent | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				63	145
SVB | Innovation C&I and cash flow dependent | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				16	0
SVB | Innovation C&I and cash flow dependent | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				0	0
SVB | Innovation C&I and cash flow dependent | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases				$ 0	$ 0

LOANS AND LEASES - Schedule _10

LOANS AND LEASES - Schedule of Loans Pledged as Collateral (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
FHLB of Atlanta
Pledged non-PCD loans (contractual balance)	$ 138,695	$ 133,302	$ 133,202
FHLB of Atlanta | Non-PCD | Asset Pledged as Collateral
FHLB of Atlanta
Lendable collateral value of pledged non-PCD loans	17,245	15,072
Less: advances	0	0
Less: letters of credit	1,450	1,450
Available borrowing capacity	15,795	13,622
Pledged non-PCD loans (contractual balance)	30,106	25,370
FRB | Non-PCD | Asset Pledged as Collateral
FHLB of Atlanta
Pledged non-PCD loans (contractual balance)	6,689	6,273
FRB
Lendable collateral value of pledged non-PCD loans	5,621	5,115
Less: advances	0	0
Available borrowing capacity	5,621	5,115
FDIC | Asset Pledged as Collateral
FHLB of Atlanta
Pledged non-PCD loans (contractual balance)	44,117	51,179
FDIC
Lendable collateral value of pledged loans	44,117	51,179
Less: advances	0	0
Less: Purchase Money Note	35,991	36,072
Available borrowing capacity	$ 8,126	$ 15,107

ALLOWANCE FOR LOAN AND LEASE _3

ALLOWANCE FOR LOAN AND LEASE LOSSES - Schedule of Allowance for Loan and Lease Losses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	$ 1,700	$ 1,637	$ 1,747	$ 922
Initial PCD ALLL			0	220
Day 2 Provision for Loan and Lease Losses	0	0	0	462
Provision (benefit) for loan and lease losses	123	212	311	452
Provision (benefit) for loan and lease losses	123	212	311	914
Charge-offs	(177)	(199)	(464)	(437)
Recoveries	32	23	84	54
Allowance for loan and lease losses, ending balance	1,678	1,673	1,678	1,673
Commercial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	1,103	968	1,126	789
Initial PCD ALLL			0	14
Day 2 Provision for Loan and Lease Losses			0	39
Provision (benefit) for loan and lease losses			203	396
Provision (benefit) for loan and lease losses	78	166	203	435
Charge-offs	(116)	(83)	(287)	(207)
Recoveries	11	13	34	33
Allowance for loan and lease losses, ending balance	1,076	1,064	1,076	1,064
Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	153	173	166	133
Initial PCD ALLL			0	3
Day 2 Provision for Loan and Lease Losses			0	43
Provision (benefit) for loan and lease losses			(5)	(9)
Provision (benefit) for loan and lease losses	0	(10)	(5)	34
Charge-offs	(8)	(7)	(21)	(21)
Recoveries	5	4	10	11
Allowance for loan and lease losses, ending balance	150	160	150	160
SVB
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	444	496	455	0
Initial PCD ALLL			0	203
Day 2 Provision for Loan and Lease Losses			0	380
Provision (benefit) for loan and lease losses			113	65
Provision (benefit) for loan and lease losses	45	56	113	445
Charge-offs	(53)	(109)	(156)	(209)
Recoveries	16	6	40	10
Allowance for loan and lease losses, ending balance	$ 452	$ 449	$ 452	$ 449

ALLOWANCE FOR LOAN AND LEASE _4

ALLOWANCE FOR LOAN AND LEASE LOSSES - Schedule of Components of Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Receivables [Abstract]
Day 2 Provision for Loan and Lease Losses	$ 0	$ 0	$ 0	$ 462
Provision for loan and lease losses	123	212	311	452
Provision (benefit) for loan and lease losses	123	212	311	914
Day 2 Provision for Off-balance Sheet Credit Exposure	0	0	0	254
Benefit from off-balance sheet credit exposure	(6)	(17)	(35)	(42)
Total (benefit) provision for off-balance sheet credit exposure	(6)	(17)	(35)	212
(Benefit) provision for investment securities available for sale credit losses	0	(3)	0	0
Provision for credit losses	$ 117	$ 192	$ 276	$ 1,126

LEASES - Narrative (Details)

LEASES - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Lessee, Lease, Description [Line Items]
Interest on the lease liability is (less than $1 million)	$ 1
Maximum
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract (up to)	33 years
Operating leases have renewal terms	25 years
Maximum | Excessive Building Space No Longer Utilizing
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract (up to)	12 years
Minimum
Lessee, Lease, Description [Line Items]
Operating leases have renewal terms	1 year

LEASES - Schedule of Operating

LEASES - Schedule of Operating and Finance Lease Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Lease assets:
Operating lease ROU assets	$ 331	$ 354
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Finance leases	$ 7	$ 9
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Premises and equipment, net	Premises and equipment, net
Total lease assets	$ 338	$ 363
Lease liabilities:
Operating leases	$ 373	$ 396
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities
Finance leases	$ 8	$ 9
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Borrowings	Other Borrowings
Total lease liabilities	$ 381	$ 405
Weighted-average remaining lease terms:
Operating leases	7 years 6 months	8 years 1 month 6 days
Finance leases	16 years 6 months	15 years 4 months 24 days
Weighted-average discount rate:
Operating leases	2.80%	2.70%
Finance leases	3.63%	3.52%

LEASES - Schedule of Net Lease

LEASES - Schedule of Net Lease Cost (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Operating lease cost	$ 19	$ 18	$ 56	$ 46
Finance lease ROU asset amortization	0	1	1	1
Variable lease cost	7	8	22	16
Sublease income	(1)	(1)	(4)	(2)
Net lease cost	$ 25	$ 26	$ 75	$ 61

LEASES - Schedule of Supplement

LEASES - Schedule of Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 57	$ 45
Financing cash flows from finance leases	1	2
ROU assets obtained in exchange for new operating lease liabilities	26	69
ROU assets obtained in exchange for new finance lease liabilities	$ 0	$ 4

LEASES - Schedule of Operatin_2

LEASES - Schedule of Operating Lease Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Lease income – Operating leases	$ 236	$ 229	$ 714	$ 664
Variable lease income – Operating leases	26	19	62	55
Rental income on operating leases	262	248	776	719
Interest income – Sales type and direct financing leases	44	43	131	127
Variable lease income included in Other noninterest income	15	15	46	44
Interest income – Leveraged leases	1	2	3	11
Total lease income	$ 322	$ 308	$ 956	$ 901

GOODWILL AND CORE DEPOSIT INT_3

GOODWILL AND CORE DEPOSIT INTANGIBLES - Narrative (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 346,000,000		$ 346,000,000
Goodwill impairment	$ 0	$ 0

GOODWILL AND CORE DEPOSIT INT_4

GOODWILL AND CORE DEPOSIT INTANGIBLES - Schedule of Changes in Core Deposit Intangibles (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Finite-lived Intangible Assets [Roll Forward]
Less: amortization for the period	$ 15	$ 17	$ 47	$ 40
Core deposit intangible
Finite-lived Intangible Assets [Roll Forward]
Core deposit intangibles, beginning balance			312
Less: amortization for the period			47
Core deposit intangibles, ending balance	$ 265		$ 265

GOODWILL AND CORE DEPOSIT INT_5

GOODWILL AND CORE DEPOSIT INTANGIBLES - Schedule of Gross Carrying Amount and Accumulated Amortization of Core Deposit Intangibles (Details) - Core deposit intangible - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Acquired Finite-Lived Intangible Assets [Line Items]
Gross balance	$ 501	$ 501
Less: accumulated amortization	236	189
Balance, net of accumulated amortization	$ 265	$ 312

GOODWILL AND CORE DEPOSIT INT_6

GOODWILL AND CORE DEPOSIT INTANGIBLES - Schedule of Finite-Lived Intangible Assets, Future Amortization Expense (Details) - Core deposit intangible - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Acquired Finite-Lived Intangible Assets [Line Items]
Remainder 2024	$ 16
2025	54
2026	46
2027	39
2028	34
2029	30
Thereafter	46
Balance, net of accumulated amortization	$ 265	$ 312

VARIABLE INTEREST ENTITIES - Na

VARIABLE INTEREST ENTITIES - Narrative (Details) - entity	Sep. 30, 2024	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable interest entity, consolidated, number of entities	0	0

VARIABLE INTEREST ENTITIES - Sc

VARIABLE INTEREST ENTITIES - Schedule of Variable Interest Entities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Variable Interest Entity [Line Items]
Total assets	$ 220,567	$ 213,758
Liabilities	197,739	192,503
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Total assets	2,217	2,052
Variable Interest Entity, Not Primary Beneficiary | Total tax credit equity investments
Variable Interest Entity [Line Items]
Total assets	2,068	1,890
Variable Interest Entity, Not Primary Beneficiary | Affordable housing tax credit investments
Variable Interest Entity [Line Items]
Total assets	2,066	1,887
Variable Interest Entity, Not Primary Beneficiary | Other tax credit equity investments
Variable Interest Entity [Line Items]
Total assets	2	3
Variable Interest Entity, Not Primary Beneficiary | Other unconsolidated investments
Variable Interest Entity [Line Items]
Total assets	149	162
Variable Interest Entity, Not Primary Beneficiary | Commitments to tax credit investments
Variable Interest Entity [Line Items]
Liabilities	$ 1,033	$ 947

VARIABLE INTEREST ENTITIES - _2

VARIABLE INTEREST ENTITIES - Schedule of Tax Credit Investments Recognized in Income Tax Expense (Details) - Variable Interest Entity, Not Primary Beneficiary - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Variable Interest Entity [Line Items]
Amortization of affordable housing tax credit investments	$ 58	$ 44	$ 176	$ 111
Tax credits from affordable housing tax credit investments	(58)	(46)	(173)	(79)
Other tax benefits from affordable housing tax credit investments	(8)	(7)	(29)	(45)
Net income tax benefit from affordable housing tax credit investments	$ (8)	$ (9)	$ (26)	$ (13)

OTHER ASSETS (Details)

OTHER ASSETS (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Affordable housing tax credit and other unconsolidated investments	$ 2,217	$ 2,052
Accrued interest receivable	904	832
Fair value of derivative financial instruments	553	640
Pension assets	482	474
Right of use assets for operating leases, net	331	354
Income tax receivable	342	209
Counterparty receivables	133	114
Bank-owned life insurance	107	105
Nonmarketable equity securities	127	103
Other real estate owned	53	58
Mortgage servicing rights	27	25
Federal Home Loan Bank stock	19	20
Other	796	871
Total other assets	$ 6,091	$ 5,857

DEPOSITS - Schedule of Deposit

DEPOSITS - Schedule of Deposit Liabilities Type (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Statistical Disclosure for Banks [Abstract]
Noninterest-bearing	$ 39,396	$ 39,799
Checking with interest	23,216	23,754
Money market	34,567	30,611
Savings	40,266	35,258
Time	14,129	16,432
Total deposits	$ 151,574	$ 145,854	$ 146,233

DEPOSITS - Schedule of Time Dep

DEPOSITS - Schedule of Time Deposit Maturities (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Statistical Disclosure for Banks [Abstract]
2025	$ 13,400
2026	641
2027	47
2028	20
2029	21
Thereafter	0
Total time deposits	$ 14,129	$ 16,432

DEPOSITS - Narrative (Details)

DEPOSITS - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Statistical Disclosure for Banks [Abstract]
Time deposits with a denomination of $250,000 or more	$ 3,840	$ 4,160

BORROWINGS - Narrative (Details

BORROWINGS - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Securities sold under agreements to repurchase	$ 391	$ 485
Asset Pledged as Collateral | Securities Assets
Debt Instrument [Line Items]
Securities sold under agreements to repurchase	$ 451	$ 502

BORROWINGS - Schedule of Long-t

BORROWINGS - Schedule of Long-term Borrowings (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Debt Instrument [Line Items]
Capital lease obligations	$ 8		$ 8		$ 9
Unamortized purchase accounting adjustments	(134)		(134)		(163)
Total long-term borrowings	36,770		36,770		37,169
Loss on extinguishment of debt	$ 0	$ 0	2	$ 0
Secured Debt
Debt Instrument [Line Items]
Loss on extinguishment of debt			$ 2
Parent | Fixed-to-Floating subordinated notes at 3.375% | Subordinated Debt
Debt Instrument [Line Items]
Debt instrument, stated interest rate	3.375%		3.375%
Long-term debt, gross	$ 351		$ 351		350
Parent | Junior subordinated debentures (FCB/SC Capital Trust II) | Subordinated Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 0		$ 0		20
Subsidiaries | Senior unsecured fixed-to-floating rate notes at 2.969% | Senior Notes
Debt Instrument [Line Items]
Debt instrument, stated interest rate	2.969%		2.969%
Long-term debt, gross	$ 0		$ 0		316
Callable feature term			1 year
Subsidiaries | Fixed senior unsecured notes at 6.00% | Senior Notes
Debt Instrument [Line Items]
Debt instrument, stated interest rate	6%		6%
Long-term debt, gross	$ 51		$ 51		51
Subsidiaries | Fixed subordinated notes at 6.125% | Subordinated Debt
Debt Instrument [Line Items]
Debt instrument, stated interest rate	6.125%		6.125%
Long-term debt, gross	$ 403		$ 403		404
Subsidiaries | Fixed-to-Fixed subordinated notes at 4.125% | Subordinated Debt
Debt Instrument [Line Items]
Debt instrument, stated interest rate	4.125%		4.125%
Long-term debt, gross	$ 100		$ 100		100
Subsidiaries | Junior subordinated debentures (SCB Capital Trust I) | Subordinated Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 0		$ 0		10
Subsidiaries | Purchase Money Note to FDIC fixed at 3.50% | Secured Debt
Debt Instrument [Line Items]
Debt instrument, stated interest rate	3.50%		3.50%
Long-term debt, gross	$ 35,991		$ 35,991		$ 36,072

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Instruments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Asset Fair Value
Asset Fair Value	$ 553	$ 640
Less: gross amounts offset in the Consolidated Balance Sheets, Asset Fair Value	0	0
Derivative assets	553	640
Less: amounts subject to master netting agreements, Asset Fair Value	(114)	(97)
Less: cash collateral pledged (received) subject to master netting agreements	(234)	(405)
Total net derivative fair value, Asset Fair Value	205	138
Liability Fair Value
Liability Fair Value	(507)	(636)
Less: gross amounts offset in the Consolidated Balance Sheets, Liability Fair Value	0	0
Derivative liability	(507)	(636)
Less: amounts subject to master netting agreements, Asset Liability Value	114	97
Less: cash collateral pledged (received) subject to master netting agreements	46	39
Total net derivative fair value, Liability Fair Value	(347)	(500)
Variation margin, amount reducing derivative asset	70	66
Variation margin, amount reducing derivative liability	47	37
Qualifying Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	3,584	815
Asset Fair Value
Asset Fair Value	0	0
Liability Fair Value
Liability Fair Value	0	0
Derivative instruments and hedges, assets	24	4
Derivative instruments and hedges, liabilities	0	0
Qualifying Hedges | Fair Value Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	1,084	815
Asset Fair Value
Asset Fair Value	0	0
Liability Fair Value
Liability Fair Value	0	0
Qualifying Hedges | Interest rate contracts | Fair Value Hedges | Time deposits
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	334	0
Asset Fair Value
Asset Fair Value	0	0
Liability Fair Value
Liability Fair Value	0	0
Qualifying Hedges | Interest rate contracts | Fair Value Hedges | Long-term borrowings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	750	815
Asset Fair Value
Asset Fair Value	0	0
Liability Fair Value
Liability Fair Value	0	0
Qualifying Hedges | Interest rate contracts | Cash Flow Hedges | Loans
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	2,500	0
Asset Fair Value
Asset Fair Value	0	0
Liability Fair Value
Liability Fair Value	0	0
Non-qualifying Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	35,044	34,673
Asset Fair Value
Asset Fair Value	553	640
Liability Fair Value
Liability Fair Value	(507)	(636)
Non-qualifying Hedges | Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	25,538	24,548
Asset Fair Value
Asset Fair Value	446	530
Liability Fair Value
Liability Fair Value	(415)	(518)
Non-qualifying Hedges | Foreign currency forward contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	8,198	9,142
Asset Fair Value
Asset Fair Value	93	104
Liability Fair Value
Liability Fair Value	(91)	(117)
Non-qualifying Hedges | Foreign exchange spot contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	660	179
Liability Fair Value
Net fair value	0	0
Non-qualifying Hedges | Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	1,308	983
Asset Fair Value
Asset Fair Value	14	6
Liability Fair Value
Liability Fair Value	$ (1)	$ (1)

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Instruments Fair Value Hedges (Details) - Qualifying Hedges - Interest rate contracts - Fair Value Hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net loss on fair value hedges	$ (2)	$ 0	$ (3)	$ 0
Deposits
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized on derivatives	2	0	1	0
Recognized on hedged item	(3)	0	(2)	0
Borrowings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized on derivatives	4	0	(2)	0
Recognized on hedged item	$ (5)	$ 0	$ 0	$ 0

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Fair Value Hedges (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Long-term borrowings
Fair Value, Option, Quantitative Disclosures [Line Items]
Carrying Value of Hedged Items	$ 801	$ 879
Deposits
Fair Value, Option, Quantitative Disclosures [Line Items]
Carrying Value of Hedged Items	336
Currently Designated | Long-term borrowings
Fair Value, Option, Quantitative Disclosures [Line Items]
Cumulative Fair Value Hedging Adjustment Included in the Carrying Value of Hedged Items	4	5
Currently Designated | Deposits
Fair Value, Option, Quantitative Disclosures [Line Items]
Cumulative Fair Value Hedging Adjustment Included in the Carrying Value of Hedged Items	2
No Longer Designated | Long-term borrowings
Fair Value, Option, Quantitative Disclosures [Line Items]
Cumulative Fair Value Hedging Adjustment Included in the Carrying Value of Hedged Items	0	$ 0
No Longer Designated | Deposits
Fair Value, Option, Quantitative Disclosures [Line Items]
Cumulative Fair Value Hedging Adjustment Included in the Carrying Value of Hedged Items	$ 0

DERIVATIVE FINANCIAL INSTRUME_6

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Unrealized Gain on Cash Flow Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Other comprehensive income on cash flow hedge derivatives before reclassifications	$ 14	$ 0	$ 17	$ 0
Amounts reclassified from AOCI to earnings	2	0	2	0
Other comprehensive income on cash flow hedge derivatives	16	0	19	0
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Decrease in interest income on loans due to amounts reclassified from AOCI to earnings	(3,138)	(3,110)	(9,352)	(7,274)
Reclassification out of Accumulated Other Comprehensive Income | Unrealized gain on cash flow hedge derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Decrease in interest income on loans due to amounts reclassified from AOCI to earnings	$ (2)	$ 0	$ (2)	$ 0

DERIVATIVE FINANCIAL INSTRUME_7

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Other Information for Cash Flow Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Unrealized gain on cash flow hedge derivatives reported in AOCI, net of income taxes	$ 12	$ 0	$ 14	$ 0	$ 0
Estimate to be reclassified from AOCI to earnings during the next 12 months, net of income taxes			$ 14		$ 0
Maximum number of months over which forecasted cash flows are hedged			13 months

DERIVATIVE FINANCIAL INSTRUME_8

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Instruments Non-Qualifying Hedges (Details) - Non-qualifying Hedges - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	$ (23)	$ 20	$ 10	$ 48
Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	(5)	8	6	37
Foreign currency forward contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	(20)	11	3	10
Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	$ 2	$ 1	$ 1	$ 1

OTHER LIABILITIES (Details)

OTHER LIABILITIES (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Other Liabilities Disclosure [Abstract]
Deferred taxes	$ 3,561	$ 3,579
Commitments to fund tax credit investments	1,033	947
Incentive plan liabilities	570	689
Fair value of derivative financial instruments	507	636
Accrued expenses and accounts payable	265	351
Lease liabilities	373	396
Reserve for off-balance sheet credit exposure	281	316
Accrued interest payable	149	137
Other	1,015	855
Total other liabilities	$ 7,754	$ 7,906

FAIR VALUE - Schedule of Fair V

FAIR VALUE - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	$ 28,190	$ 19,936
Marketable equity securities	82	84
Total derivative assets	553	640
Total derivative liabilities	507	636
U.S. Treasury
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	11,817	10,508
Residential mortgage-backed securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	13,016	6,686
Commercial mortgage-backed securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	2,778	2,131
Municipal bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	17	12
Fair Value, Recurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	28,190	19,936
Marketable equity securities	82	84
Loans held for sale	41	38
Total derivative assets	553	640
Total derivative liabilities	507	636
Fair Value, Recurring | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	553	640
Total derivative liabilities	507	636
Fair Value, Recurring | Interest rate contracts | Qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Interest rate contracts | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	446	530
Total derivative liabilities	415	518
Fair Value, Recurring | Foreign exchange contract | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	93	104
Total derivative liabilities	91	117
Fair Value, Recurring | Other derivative | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	14	6
Total derivative liabilities	1	1
Fair Value, Recurring | Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Marketable equity securities	31	36
Loans held for sale	0	0
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 1 | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 1 | Interest rate contracts | Qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 1 | Interest rate contracts | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 1 | Foreign exchange contract | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 1 | Other derivative | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	28,026	19,779
Marketable equity securities	51	48
Loans held for sale	41	38
Total derivative assets	538	633
Total derivative liabilities	506	635
Fair Value, Recurring | Level 2 | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	538	633
Total derivative liabilities	506	635
Fair Value, Recurring | Level 2 | Interest rate contracts | Qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 2 | Interest rate contracts | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	445	529
Total derivative liabilities	415	518
Fair Value, Recurring | Level 2 | Foreign exchange contract | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	93	104
Total derivative liabilities	91	117
Fair Value, Recurring | Level 2 | Other derivative | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	164	157
Marketable equity securities	0	0
Loans held for sale	0	0
Total derivative assets	15	7
Total derivative liabilities	1	1
Fair Value, Recurring | Level 3 | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	15	7
Total derivative liabilities	1	1
Fair Value, Recurring | Level 3 | Interest rate contracts | Qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 3 | Interest rate contracts | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	1	1
Total derivative liabilities	0	0
Fair Value, Recurring | Level 3 | Foreign exchange contract | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Recurring | Level 3 | Other derivative | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	14	6
Total derivative liabilities	1	1
Fair Value, Recurring | U.S. Treasury
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	11,817	10,508
Fair Value, Recurring | U.S. Treasury | Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | U.S. Treasury | Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	11,817	10,508
Fair Value, Recurring | U.S. Treasury | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | Government agency
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	85	117
Fair Value, Recurring | Government agency | Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | Government agency | Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	85	117
Fair Value, Recurring | Government agency | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | Residential mortgage-backed securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	13,016	6,686
Fair Value, Recurring | Residential mortgage-backed securities | Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | Residential mortgage-backed securities | Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	13,016	6,686
Fair Value, Recurring | Residential mortgage-backed securities | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | Commercial mortgage-backed securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	2,778	2,131
Fair Value, Recurring | Commercial mortgage-backed securities | Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | Commercial mortgage-backed securities | Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	2,778	2,131
Fair Value, Recurring | Commercial mortgage-backed securities | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | Corporate Bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	477	482
Fair Value, Recurring | Corporate Bonds | Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | Corporate Bonds | Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	313	325
Fair Value, Recurring | Corporate Bonds | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	164	157
Fair Value, Recurring | Municipal bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	17	12
Fair Value, Recurring | Municipal bonds | Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Fair Value, Recurring | Municipal bonds | Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	17	12
Fair Value, Recurring | Municipal bonds | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	$ 0	$ 0

FAIR VALUE - Schedule of Fair_2

FAIR VALUE - Schedule of Fair Value Measurement Inputs and Valuation Techniques (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	$ 28,190	$ 19,936
Interest rate & other derivative — non-qualifying hedges	553	640
Interest rate & other derivative — non-qualifying hedges	507	636
Fair Value, Recurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	28,190	19,936
Interest rate & other derivative — non-qualifying hedges	553	640
Interest rate & other derivative — non-qualifying hedges	507	636
Fair Value, Recurring | Corporate Bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	477	482
Fair Value, Recurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	164	157
Interest rate & other derivative — non-qualifying hedges	15	7
Interest rate & other derivative — non-qualifying hedges	1	1
Fair Value, Recurring | Level 3 | Corporate Bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	164	157
Fair Value, Recurring | Level 3 | Interest Rate and Other Derivative
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	15	7
Interest rate & other derivative — non-qualifying hedges	$ 1	$ 1

FAIR VALUE - Schedule of Fair_3

FAIR VALUE - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation (Details) - Fair Value, Recurring - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Other Derivative Liabilities — Non-Qualifying
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 1	$ 0
Purchases	0	0
Changes in fair value included in earnings	0	0
Changes in fair value included in comprehensive income	0	0
Transfers in	0	1
Transfers out	0	0
Maturity and settlements	0	0
Ending balance	1	1
Corporate Bonds
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	157	174
Purchases	0	0
Changes in fair value included in earnings	(1)	0
Changes in fair value included in comprehensive income	8	(13)
Transfers in	0	0
Transfers out	0	0
Maturity and settlements	0	(9)
Ending balance	164	152
Other Derivative Assets — Non-Qualifying
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	7	0
Purchases	7	0
Changes in fair value included in earnings	1	5
Changes in fair value included in comprehensive income	0	0
Transfers in	0	0
Transfers out	0	0
Maturity and settlements	0	0
Ending balance	$ 15	$ 5

FAIR VALUE - Schedule of Fair_4

FAIR VALUE - Schedule of Fair Value Option (Details) - Originated loans held for sale - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Option, Quantitative Disclosures [Line Items]
Loans held for sale	$ 41	$ 38
Unpaid Principal Balance	40	37
Difference	$ 1	$ 1

FAIR VALUE - Narrative (Details

FAIR VALUE - Narrative (Details)	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Fair Value Disclosures [Abstract]
Fair Value, option, loans held as assets, aggregate amount in nonaccrual status	$ 0	$ 0
Fair value, option, loans held as assets, 90 days or more past due	0	0
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Minimum deposit	$ 212,000,000	$ 211,000,000
Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Financing receivable, measurement input	0.0941	0.0859
Minimum | Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Financing receivable, measurement input	0.06
Maximum | Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Financing receivable, measurement input	0.10

FAIR VALUE - Schedule of Fair_5

FAIR VALUE - Schedule of Fair Value, Assets Measured on Nonrecurring Basis (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	$ 65	$ 73
Loans - collateral dependent loans	134,914	126,696
Level 1 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	0	0
Loans - collateral dependent loans	0	0
Level 2 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	41	38
Loans - collateral dependent loans	1,450	1,479
Level 3 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	24	35
Loans - collateral dependent loans	133,464	125,217
Fair Value, Nonrecurring | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	3	12
Loans - collateral dependent loans	314	265
Other real estate owned	13	16
Fair Value Measurements	331	293
Fair Value, Nonrecurring | Changes Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	(4)	(4)
Loans - collateral dependent loans	(114)	(131)
Other real estate owned	5	4
Fair Value Measurements	(113)	(131)
Fair Value, Nonrecurring | Level 1 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	0	0
Loans - collateral dependent loans	0	0
Other real estate owned	0	0
Fair Value Measurements	0	0
Fair Value, Nonrecurring | Level 2 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	0	0
Loans - collateral dependent loans	0	0
Other real estate owned	0	0
Fair Value Measurements	0	0
Fair Value, Nonrecurring | Level 3 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	3	12
Loans - collateral dependent loans	314	265
Other real estate owned	13	16
Fair Value Measurements	$ 331	$ 293

FAIR VALUE - Schedule of Carryi

FAIR VALUE - Schedule of Carrying Values and Estimated Fair Values for Financial Instruments (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financial Assets
Investment in marketable equity securities	$ 82	$ 84
Investment securities available for sale	28,190	19,936
Investment securities held to maturity	10,391	9,979
Fair value of derivative financial instruments	553	640
Financial Liabilities
Fair value of derivative financial instruments	507	636
Carrying Value
Financial Assets
Cash and due from banks	862	908
Interest-earning deposits at banks	25,640	33,609
Securities purchased under agreements to resell	455	473
Investment in marketable equity securities	82	84
Investment securities available for sale	28,190	19,936
Investment securities held to maturity	10,391	9,979
Loans held for sale	65	73
Net loans	135,036	129,545
Accrued interest receivable	904	832
Federal Home Loan Bank stock	19	20
Mortgage servicing rights	27	25
Financial Liabilities
Deposits with no stated maturity	137,445	129,427
Time deposits	14,129	16,427
Credit balances of factoring clients	1,250	1,089
Securities sold under customer repurchase agreements	391	485
Long-term borrowings	36,762	37,160
Accrued interest payable	149	137
Carrying Value | Qualifying Hedges
Financial Assets
Fair value of derivative financial instruments	0	0
Financial Liabilities
Fair value of derivative financial instruments	0	0
Carrying Value | Non-qualifying Hedges
Financial Assets
Fair value of derivative financial instruments	553	640
Financial Liabilities
Fair value of derivative financial instruments	507	636
Estimated Fair Value
Financial Assets
Cash and due from banks	862	908
Interest-earning deposits at banks	25,640	33,609
Securities purchased under agreements to resell	455	473
Investment in marketable equity securities	82	84
Investment securities available for sale	28,190	19,936
Investment securities held to maturity	9,168	8,503
Loans held for sale	65	73
Net loans	134,914	126,696
Accrued interest receivable	904	832
Federal Home Loan Bank stock	19	20
Mortgage servicing rights	42	42
Financial Liabilities
Deposits with no stated maturity	137,445	129,427
Time deposits	14,128	16,416
Credit balances of factoring clients	1,250	1,089
Securities sold under customer repurchase agreements	391	485
Long-term borrowings	36,765	36,816
Accrued interest payable	149	137
Estimated Fair Value | Level 1
Financial Assets
Cash and due from banks	862	908
Interest-earning deposits at banks	25,640	33,609
Securities purchased under agreements to resell	0	0
Investment in marketable equity securities	31	36
Investment securities available for sale	0	0
Investment securities held to maturity	0	0
Loans held for sale	0	0
Net loans	0	0
Accrued interest receivable	0	0
Federal Home Loan Bank stock	0	0
Mortgage servicing rights	0	0
Financial Liabilities
Deposits with no stated maturity	0	0
Time deposits	0	0
Credit balances of factoring clients	0	0
Securities sold under customer repurchase agreements	0	0
Long-term borrowings	0	0
Accrued interest payable	0	0
Estimated Fair Value | Level 2
Financial Assets
Cash and due from banks	0	0
Interest-earning deposits at banks	0	0
Securities purchased under agreements to resell	455	473
Investment in marketable equity securities	51	48
Investment securities available for sale	28,026	19,779
Investment securities held to maturity	9,168	8,503
Loans held for sale	41	38
Net loans	1,450	1,479
Accrued interest receivable	904	832
Federal Home Loan Bank stock	19	20
Mortgage servicing rights	0	0
Financial Liabilities
Deposits with no stated maturity	137,445	129,427
Time deposits	14,128	16,416
Credit balances of factoring clients	0	0
Securities sold under customer repurchase agreements	391	485
Long-term borrowings	36,765	36,816
Accrued interest payable	149	137
Estimated Fair Value | Level 3
Financial Assets
Cash and due from banks	0	0
Interest-earning deposits at banks	0	0
Securities purchased under agreements to resell	0	0
Investment in marketable equity securities	0	0
Investment securities available for sale	164	157
Investment securities held to maturity	0	0
Loans held for sale	24	35
Net loans	133,464	125,217
Accrued interest receivable	0	0
Federal Home Loan Bank stock	0	0
Mortgage servicing rights	42	42
Financial Liabilities
Deposits with no stated maturity	0	0
Time deposits	0	0
Credit balances of factoring clients	1,250	1,089
Securities sold under customer repurchase agreements	0	0
Long-term borrowings	0	0
Accrued interest payable	0	0
Estimated Fair Value | Qualifying Hedges
Financial Assets
Fair value of derivative financial instruments	0	0
Financial Liabilities
Fair value of derivative financial instruments	0	0
Estimated Fair Value | Qualifying Hedges | Level 1
Financial Assets
Fair value of derivative financial instruments	0	0
Financial Liabilities
Fair value of derivative financial instruments	0	0
Estimated Fair Value | Qualifying Hedges | Level 2
Financial Assets
Fair value of derivative financial instruments	0	0
Financial Liabilities
Fair value of derivative financial instruments	0	0
Estimated Fair Value | Qualifying Hedges | Level 3
Financial Assets
Fair value of derivative financial instruments	0	0
Financial Liabilities
Fair value of derivative financial instruments	0	0
Estimated Fair Value | Non-qualifying Hedges
Financial Assets
Fair value of derivative financial instruments	553	640
Financial Liabilities
Fair value of derivative financial instruments	507	636
Estimated Fair Value | Non-qualifying Hedges | Level 1
Financial Assets
Fair value of derivative financial instruments	0	0
Financial Liabilities
Fair value of derivative financial instruments	0	0
Estimated Fair Value | Non-qualifying Hedges | Level 2
Financial Assets
Fair value of derivative financial instruments	538	633
Financial Liabilities
Fair value of derivative financial instruments	506	635
Estimated Fair Value | Non-qualifying Hedges | Level 3
Financial Assets
Fair value of derivative financial instruments	15	7
Financial Liabilities
Fair value of derivative financial instruments	$ 1	$ 1

STOCKHOLDERS' EQUITY - Schedule

STOCKHOLDERS' EQUITY - Schedule of Common Stock Outstanding Roll Forward (Details) - shares	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
Class A
Increase (Decrease) In Common Stock [Roll Forward]
Common stock beginning balance (in shares)	13,524,550	13,514,933
Shares purchased under authorized repurchase plan (in shares)	(353,058)	(353,058)
Restricted stock units vested, net of shares held to cover taxes (in shares)	2,531	12,148
Common stock ending balance (in shares)	13,174,023	13,174,023
Class B
Increase (Decrease) In Common Stock [Roll Forward]
Common stock beginning balance (in shares)	1,005,185	1,005,185
Shares purchased under authorized repurchase plan (in shares)	0	0
Restricted stock units vested, net of shares held to cover taxes (in shares)	0	0
Common stock ending balance (in shares)	1,005,185	1,005,185

STOCKHOLDERS' EQUITY - Narrativ

STOCKHOLDERS' EQUITY - Narrative (Details)	Sep. 30, 2024 vote $ / shares	Dec. 31, 2023 $ / shares
Class A
Class of Stock [Line Items]
Common stock, par value (in dollars per share) | $ / shares	$ 1	$ 1
Common stock, voting right per share | vote	1
Class B
Class of Stock [Line Items]
Common stock, par value (in dollars per share) | $ / shares	$ 1	$ 1
Common stock, voting right per share | vote	16

STOCKHOLDERS' EQUITY - Schedu_2

STOCKHOLDERS' EQUITY - Schedule of Preferred Stock and Depositary Shares (Details) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	20,000,000	20,000,000
Series A Preferred Stock
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)	$ 0.01
Preferred stock, shares authorized (in shares)	345,000
Preferred stock, shares issued (in shares)	345,000
Preferred stock, shares outstanding (in shares)	345,000
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000
Preferred stock, liquidation preference	$ 345
Preferred stock, dividend rate	5.375%
Series B Preferred Stock
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)	$ 0.01
Preferred stock, shares authorized (in shares)	325,000
Preferred stock, shares issued (in shares)	325,000
Preferred stock, shares outstanding (in shares)	325,000
Preferred stock, liquidation preference per share (in dollars per share)	$ 1,000
Preferred stock, liquidation preference	$ 325
Preferred stock, dividend, basis spread on variable rate	3.972%
Series C Preferred Stock
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)	$ 0.01
Preferred stock, shares authorized (in shares)	8,000,000
Preferred stock, shares issued (in shares)	8,000,000
Preferred stock, shares outstanding (in shares)	8,000,000
Preferred stock, liquidation preference per share (in dollars per share)	$ 25
Preferred stock, liquidation preference	$ 200
Preferred stock, dividend rate	5.625%

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Schedule of Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	$ (187)	$ (637)
Income Taxes	28	146
Net of Income Taxes	(159)	(491)
Unrealized loss on securities available for sale
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	(312)	(752)
Income Taxes	60	175
Net of Income Taxes	(252)	(577)
Unrealized loss on securities available for sale transferred to held to maturity
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	(6)	(7)
Income Taxes	2	2
Net of Income Taxes	(4)	(5)
Defined benefit pension items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	112	122
Income Taxes	(29)	(31)
Net of Income Taxes	83	91
Unrealized gain on cash flow hedge derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	19	0
Income Taxes	(5)	0
Net of Income Taxes	$ 14	$ 0

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Schedule of Changes in Components of AOCI (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	$ 22,487	$ 19,771	$ 21,255	$ 9,662
AOCI activity before reclassifications			329	(165)
Amounts reclassified from AOCI to earnings			3	20
Other comprehensive income (loss), net of tax	451	(108)	332	(145)
Ending balance, shareholders' equity	22,828	20,389	22,828	20,389
Total accumulated other comprehensive loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	(610)	(772)	(491)	(735)
Other comprehensive income (loss), net of tax	451	(108)	332	(145)
Ending balance, shareholders' equity	(159)	(880)	(159)	(880)
Unrealized loss on securities available for sale
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity			(577)	(739)
AOCI activity before reclassifications			325	(169)
Amounts reclassified from AOCI to earnings			0	19
Other comprehensive income (loss), net of tax			325	(150)
Ending balance, shareholders' equity	(252)	(889)	(252)	(889)
Unrealized loss on securities available for sale transferred to held to maturity
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity			(5)	(6)
AOCI activity before reclassifications			0	0
Amounts reclassified from AOCI to earnings	1	0	1	1
Other comprehensive income (loss), net of tax	1	0	1	1
Ending balance, shareholders' equity	(4)	(5)	(4)	(5)
Defined benefit pension items
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity			91	10
AOCI activity before reclassifications			(8)	4
Amounts reclassified from AOCI to earnings			0	0
Other comprehensive income (loss), net of tax			(8)	4
Ending balance, shareholders' equity	83	14	83	14
Unrealized gain on cash flow hedge derivatives
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity			0	0
AOCI activity before reclassifications	10	0	12	0
Amounts reclassified from AOCI to earnings	2	0	2	0
Other comprehensive income (loss), net of tax	12	0	14	0
Ending balance, shareholders' equity	$ 14	$ 0	$ 14	$ 0

ACCUMULATED OTHER COMPREHENSI_5

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Schedule of Pretax and After-tax Components of Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, net amount			$ 329	$ (165)
Amounts reclassified from AOCI to earnings, net amount			3	20
Other comprehensive income (loss) on securities available for sale, gross amount	$ 611	$ (146)	450	(197)
Other comprehensive loss on securities available for sale, tax	(160)	38	(118)	52
Other comprehensive income (loss), net of tax	451	(108)	332	(145)
Realized (gain) loss on sale of investment securities, net	0	12	0	26
Provision for credit losses	0	(3)	0	0
Unrealized loss on securities available for sale:
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, gross amount	594	(155)	440	(229)
AOCI activity before reclassification, tax	(156)	40	(115)	60
AOCI activity before reclassification, net amount	438	(115)	325	(169)
Amounts reclassified from AOCI to earnings, gross amount	0	9	0	26
Amounts reclassified from AOCI to earnings, tax	0	(2)	0	(7)
Amounts reclassified from AOCI to earnings, net amount	0	7	0	19
Other comprehensive income (loss) on securities available for sale, gross amount	594	(146)	440	(203)
Other comprehensive loss on securities available for sale, tax	(156)	38	(115)	53
Other comprehensive income (loss), net of tax	438	(108)	325	(150)
Unrealized loss on securities available for sale transferred to held to maturity
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, net amount			0	0
Amounts reclassified from AOCI to earnings, gross amount	1	0	1	1
Amounts reclassified from AOCI to earnings, tax	0	0	0	0
Amounts reclassified from AOCI to earnings, net amount	1	0	1	1
Other comprehensive income (loss) on securities available for sale, gross amount	1	0	1	1
Other comprehensive loss on securities available for sale, tax	0	0	0	0
Other comprehensive income (loss), net of tax	1	0	1	1
Defined benefit pension items
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, net amount			(8)	4
Amounts reclassified from AOCI to earnings, net amount			0	0
Other comprehensive income (loss) on securities available for sale, gross amount			(10)	5
Other comprehensive loss on securities available for sale, tax			2	(1)
Other comprehensive income (loss), net of tax			(8)	4
Unrealized gain on cash flow hedge derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, gross amount	14	0	17	0
AOCI activity before reclassification, tax	(4)	0	(5)	0
AOCI activity before reclassification, net amount	10	0	12	0
Amounts reclassified from AOCI to earnings, gross amount	2	0	2	0
Amounts reclassified from AOCI to earnings, tax	0	0	0	0
Amounts reclassified from AOCI to earnings, net amount	2	0	2	0
Other comprehensive income (loss) on securities available for sale, gross amount	16	0	19	0
Other comprehensive loss on securities available for sale, tax	(4)	0	(5)	0
Other comprehensive income (loss), net of tax	$ 12	$ 0	$ 14	$ 0

EARNINGS PER COMMON SHARE (Deta

EARNINGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share [Abstract]
Net income	$ 639	$ 752	$ 2,077	$ 10,952
Preferred stock dividends	15	15	46	44
Net income available to common stockholders, basic	624	737	2,031	10,908
Net income available to common shareholders, diluted	$ 624	$ 737	$ 2,031	$ 10,908
Weighted average common shares outstanding
Basic shares outstanding (in shares)	14,375,974	14,528,310	14,480,874	14,527,718
Stock-based award (in shares)	0	10,823	1,045	11,665
Diluted shares outstanding (in shares)	14,375,974	14,539,133	14,481,919	14,539,383
Earnings per common share, basic (in dollars per share)	$ 43.42	$ 50.71	$ 140.27	$ 750.79
Earnings per common share, diluted (in dollars per share)	$ 43.42	$ 50.67	$ 140.26	$ 750.19

INCOME TAXES (Details)

INCOME TAXES (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Effective income tax rate	26.80%	24.60%	27.30%	3.60%

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Retirement Benefits [Abstract]
Service cost	$ 2	$ 2	$ 7	$ 7
Interest cost	15	15	45	45
Expected return on assets	(23)	(21)	(69)	(64)
Net periodic benefit	$ (6)	$ (4)	$ (17)	$ (12)

BUSINESS SEGMENT INFORMATION (D

BUSINESS SEGMENT INFORMATION (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Segment Reporting Information [Line Items]
Net interest income (expense)	$ 1,796	$ 1,990	$ 5,434	$ 4,801
Provision (benefit) for credit losses	117	192	276	1,126
Net interest income after provision for credit losses	1,679	1,798	5,158	3,675
Noninterest income	650	615	1,916	11,532
Noninterest expense	1,456	1,416	4,218	3,843
Income before income taxes	873	997	2,856	11,364
Income tax expense (benefit)	234	245	779	412
Net income	639	752	2,077	10,952
Loans and leases	138,695	133,202	138,695	133,202	$ 133,302
Operating lease equipment, net	9,186	8,661	9,186	8,661	8,746
Deposits	151,574	146,233	151,574	146,233	$ 145,854
Operating Segments | General Bank
Segment Reporting Information [Line Items]
Net interest income (expense)	768	681	2,197	1,889
Provision (benefit) for credit losses	38	24	121	40
Net interest income after provision for credit losses	730	657	2,076	1,849
Noninterest income	149	135	446	388
Noninterest expense	517	482	1,534	1,349
Income before income taxes	362	310	988	888
Income tax expense (benefit)	99	85	270	222
Net income	263	225	718	666
Loans and leases	66,092	61,035	66,092	61,035
Operating lease equipment, net	0	0	0	0
Deposits	72,169	69,108	72,169	69,108
Operating Segments | Commercial Bank
Segment Reporting Information [Line Items]
Net interest income (expense)	274	249	823	744
Provision (benefit) for credit losses	29	132	65	353
Net interest income after provision for credit losses	245	117	758	391
Noninterest income	133	139	400	420
Noninterest expense	227	205	676	615
Income before income taxes	151	51	482	196
Income tax expense (benefit)	41	14	127	55
Net income	110	37	355	141
Loans and leases	32,689	30,220	32,689	30,220
Operating lease equipment, net	767	739	767	739
Deposits	2,754	3,370	2,754	3,370
Operating Segments | SVB Commercial
Segment Reporting Information [Line Items]
Net interest income (expense)	583	537	1,706	1,128
Provision (benefit) for credit losses	50	39	90	17
Net interest income after provision for credit losses	533	498	1,616	1,111
Noninterest income	139	141	415	295
Noninterest expense	393	413	1,164	900
Income before income taxes	279	226	867	506
Income tax expense (benefit)	75	61	235	136
Net income	204	165	632	370
Loans and leases	39,852	41,906	39,852	41,906
Operating lease equipment, net	0	0	0	0
Deposits	35,945	36,236	35,945	36,236
Operating Segments | Rail
Segment Reporting Information [Line Items]
Net interest income (expense)	(48)	(40)	(136)	(101)
Provision (benefit) for credit losses	0	0	0	0
Net interest income after provision for credit losses	(48)	(40)	(136)	(101)
Noninterest income	207	194	612	549
Noninterest expense	130	116	374	357
Income before income taxes	29	38	102	91
Income tax expense (benefit)	8	10	27	23
Net income	21	28	75	68
Loans and leases	62	41	62	41
Operating lease equipment, net	8,419	7,922	8,419	7,922
Deposits	14	12	14	12
Corporate
Segment Reporting Information [Line Items]
Net interest income (expense)	219	563	844	1,141
Provision (benefit) for credit losses	0	(3)	0	716
Net interest income after provision for credit losses	219	566	844	425
Noninterest income	22	6	43	9,880
Noninterest expense	189	200	470	622
Income before income taxes	52	372	417	9,683
Income tax expense (benefit)	11	75	120	(24)
Net income	41	297	297	9,707
Loans and leases	0	0	0	0
Operating lease equipment, net	0	0	0	0
Deposits	$ 40,692	$ 37,507	$ 40,692	$ 37,507

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Schedule of Fair Value, Off-balance Sheet Risks (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Financing assets (excluding leases)
Other Commitments [Line Items]
Credit related commitments	$ 56,147	$ 57,567
Standby letters of credit
Other Commitments [Line Items]
Credit related commitments	2,261	2,412
Other letters of credit
Other Commitments [Line Items]
Credit related commitments	108	103
Deferred Purchase Agreements
Other Commitments [Line Items]
Credit related commitments	1,902	2,076
Purchase and Funding Commitments
Other Commitments [Line Items]
Credit related commitments	$ 372	$ 685

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Other Commitments [Line Items]
Deferred purchase agreement, borrowings by client	$ 177	$ 143
Deferred purchase agreement, receivables with credit risk	1,860	1,920
Deferred purchase agreement, line of credit facility, maximum borrowing capacity	45	161
Loss contingency (up to)	10
Off-Balance Sheet Commitment
Other Commitments [Line Items]
Credit related commitments	$ 76	$ 66