First Citizens BancShares (FCNCO) 10-K 21 Feb 25 2024 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2024	Feb. 14, 2025	Jun. 30, 2024
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Current Fiscal Year End Date	--12-31
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 Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Public Float			$ 17,290,620,797
Documents Incorporated by Reference	Portions of the Registrant’s definitive Proxy Statement for the 2025 Annual Meeting of Stockholders are incorporated by reference into Part III of this report.
Entity Central Index Key	0000798941
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
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		12,572,063
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

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2024
Auditor Information [Abstract]
Auditor Name	KPMG LLP
Auditor Location	Raleigh, NC
Auditor Firm ID	185

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 814	$ 908
Interest-earning deposits at banks	21,364	33,609
Securities purchased under agreements to resell	158	473
Investment in marketable equity securities (cost of $79 at December 31, 2024 and $75 at December 31, 2023)	101	84
Investment securities available for sale (cost of $34,512 at December 31, 2024 and $20,688 at December 31, 2023), net of allowance for credit losses	33,750	19,936
Investment securities held to maturity (fair value of $8,702 at December 31, 2024 and $8,503 at December 31, 2023)	10,239	9,979
Assets held for sale	85	76
Loans and leases	140,221	133,302
Allowance for loan and lease losses	(1,676)	(1,747)
Loans and leases, net of allowance for loan and lease losses	138,545	131,555
Operating lease equipment, net	9,323	8,746
Premises and equipment, net	2,006	1,877
Goodwill	346	346
Other intangible assets, net	249	312
Other assets	6,740	5,857
Total assets	223,720	213,758
Deposits:
Noninterest-bearing	38,633	39,799
Interest-bearing	116,596	106,055
Total deposits	155,229	145,854
Credit balances of factoring clients	1,016	1,089
Borrowings:
Short-term borrowings	367	485
Long-term borrowings	36,684	37,169
Total borrowings	37,051	37,654
Other liabilities	8,196	7,906
Total liabilities	201,492	192,503
Stockholders’ equity
Preferred stock - $0.01 par value (20,000,000 shares authorized at December 31, 2024 and December 31, 2023)	881	881
Additional paid in capital	2,417	4,108
Retained earnings	19,361	16,742
Accumulated other comprehensive loss	(445)	(491)
Total stockholders’ equity	22,228	21,255
Total liabilities and stockholders’ equity	223,720	213,758
Class A
Stockholders’ equity
Common stock:	13	14
Class B
Stockholders’ equity
Common stock:	$ 1	$ 1

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Investment in marketable equity securities, at cost	$ 79	$ 75
Investment securities available for sale, at cost	34,512	20,688
Investment securities held to maturity, at fair value	$ 8,702	$ 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)	12,712,436	13,514,933
Common stock, shares outstanding (in shares)	12,712,436	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 - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Interest income
Interest and fees on loans	$ 9,528	$ 8,187	$ 2,953
Interest on investment securities	1,347	648	354
Interest on deposits at banks	1,478	1,556	106
Total interest income	12,353	10,391	3,413
Interest expense
Deposits	3,864	2,497	335
Borrowings	1,346	1,182	132
Total interest expense	5,210	3,679	467
Net interest income	7,143	6,712	2,946
Provision for credit losses	431	1,375	645
All other noninterest expense	6,712	5,337	2,301
Noninterest income
Rental income on operating lease equipment	1,048	971	864
Realized gain (loss) on sale of investment securities, net	6	(26)	0
Fair value adjustment on marketable equity securities, net	13	(11)	(3)
Gain on sale of leasing equipment, net	30	20	15
Gain on acquisition	0	9,808	431
(Loss) gain on extinguishment of debt	(2)	0	7
Other noninterest income	148	136	139
Total noninterest income	2,615	12,075	2,136
Noninterest expense
Depreciation on operating lease equipment	394	371	345
Maintenance and other operating lease expenses	219	222	189
Personnel cost	3,078	2,636	1,408
Net occupancy expense	242	244	191
Equipment expense	504	422	216
Professional fees	121	71	45
Third-party processing fees	230	205	103
FDIC insurance expense	138	158	31
Marketing expense	76	102	53
Acquisition-related expenses	210	470	231
Intangible asset amortization	63	57	23
Other noninterest expense	460	377	240
Total noninterest expense	5,735	5,335	3,075
Income before income taxes	3,592	12,077	1,362
Income tax expense	815	611	264
Net income	2,777	11,466	1,098
Preferred stock dividends	61	59	50
Net income available to common stockholders, basic	2,716	11,407	1,048
Net income available to common shareholders, diluted	$ 2,716	$ 11,407	$ 1,048
Earnings per common share
Basic (in dollars per share)	$ 189.42	$ 785.14	$ 67.47
Diluted (in dollars per share)	$ 189.41	$ 784.51	$ 67.40
Weighted average common shares outstanding
Basic (in shares)	14,341,872	14,527,902	15,531,924
Diluted (in shares)	14,342,655	14,539,613	15,549,944
Lending-related fees
Noninterest income
Noninterest income	$ 257	$ 218	$ 103
Deposit fees and service charges
Noninterest income
Noninterest income	230	200	142
Client investment fees
Noninterest income
Noninterest income	213	157	0
Wealth management services
Noninterest income
Noninterest income	211	188	142
International fees
Noninterest income
Noninterest income	119	91	8
Factoring commissions
Noninterest income
Noninterest income	75	82	104
Cardholder services, net
Noninterest income
Noninterest income	163	139	102
Merchant services, net
Noninterest income
Noninterest income	49	48	35
Insurance commissions
Noninterest income
Noninterest income	$ 55	$ 54	$ 47

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 2,777	$ 11,466	$ 1,098
Other comprehensive income (loss), net of tax
Net unrealized (loss) gain on securities available for sale	(7)	162	(730)
Net change in unrealized loss on securities available for sale transferred to securities held to maturity	1	1	1
Net change in defined benefit pension items	44	81	(16)
Net unrealized gain on cash flow hedge derivatives	8	0	0
Other comprehensive income (loss), net of tax	46	244	(745)
Total comprehensive income	$ 2,823	$ 11,710	$ 353

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders’ Equity - USD ($) $ in Millions	Total	Class A	Class B	Series A	Series B	Series C	Preferred Stock	Preferred Stock Series B	Preferred Stock Series C	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 Income (Loss)
Beginning balance, shareholders' equity at Dec. 31, 2021	$ 4,738						$ 340			$ 9	$ 1	$ 0		$ 4,378						$ 10
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,098													1,098
Other comprehensive income (loss), net of tax	(745)																			(745)
Issued in CIT Merger	5,279				$ 334	$ 207		$ 334	$ 207	6		5,273
Stock based compensation	75											75
Repurchased shares of Class A common stock		$ (1,240)								(1)			$ (1,239)
Cash dividends declared		(32)	$ (2)												$ (32)	$ (2)
Preferred stock dividends declared				$ (19)	(20)	(11)											$ (19)	$ (20)	$ (11)
Ending 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	11,466													11,466
Other comprehensive income (loss), net of tax	244																			244
Stock based compensation	(1)											(1)
Cash dividends declared		(53)	(4)												(53)	(4)
Preferred stock dividends declared				(18)	(30)	(11)											(18)	(30)	(11)
Ending 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	2,777													2,777
Other comprehensive income (loss), net of tax	46																			46
Stock based compensation	(12)											(12)
Repurchased shares of Class A common stock		(1,680)								(1)			$ (1,679)
Cash dividends declared		$ (91)	$ (6)												$ (91)	$ (6)
Preferred stock dividends declared				$ (19)	$ (31)	$ (11)											$ (19)	$ (31)	$ (11)
Ending balance, shareholders' equity at Dec. 31, 2024	$ 22,228						$ 881			$ 13	$ 1	$ 2,417		$ 19,361						$ (445)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders’ Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash dividends declared per common share (in dollars per share)	$ 6.87	$ 3.89	$ 2.16
Class A
Repurchased number of shares of Class A common stock (in shares)	814,641	0	1,500,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 2,777	$ 11,466	$ 1,098
Adjustments to reconcile net income to cash provided by operating activities:
Provision for credit losses	431	1,375	645
Deferred tax expense (benefit)	6	(165)	206
Depreciation, amortization, and accretion, net	130	(57)	533
Stock based compensation expense	0	5	19
Realized (gain) loss on sale of investment securities, net	(6)	26	0
Fair value adjustment on marketable equity securities, net	(13)	11	3
(Gain) loss on sale of loans, net	(7)	2	(22)
Gain on sale of operating lease equipment, net	(30)	(20)	(15)
Loss on sale of premises and equipment, net	0	0	5
Gain on other real estate owned, net	(7)	(4)	(14)
Gain on acquisition	0	(9,808)	(431)
Loss (gain) on extinguishment of debt	2	0	(7)
Origination of loans held for sale	(1,078)	(740)	(499)
Proceeds from sale of loans held for sale	1,289	693	562
Impairment of premises and equipment and other assets	22	70	0
Net change in other assets	(495)	206	484
Net change in other liabilities	(34)	(379)	260
Other operating activities	1	(21)	(36)
Net cash provided by operating activities	2,988	2,660	2,791
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease in interest-earning deposits at banks	12,245	5,416	6,965
Purchase of marketable equity securities	(6)	0	0
Proceeds from sales of investments in marketable equity securities	15	0	0
Purchases of investment securities available for sale	(22,490)	(12,839)	(1,985)
Proceeds from maturities of investment securities available for sale	7,445	2,084	1,237
Proceeds from sales of investment securities available for sale	1,493	495	2
Purchases of investment securities held to maturity	(792)	(213)	(755)
Proceeds from maturities of investment securities held to maturity	562	545	835
Net decrease (increase) in securities purchased under agreements to resell	315	(473)	0
Net (increase) decrease in loans	(7,484)	6,057	(5,344)
Proceeds from sales of loans	354	317	245
Net (decrease) increase in credit balances of factoring clients	(73)	94	(538)
Purchases of operating lease equipment	(1,106)	(1,023)	(771)
Proceeds from sales of operating lease equipment	250	243	95
Purchases of premises and equipment	(429)	(405)	(155)
Proceeds from sales of premises and equipment	0	0	13
Proceeds from sales of other real estate owned	19	19	48
Cash acquired, net of cash paid as consideration for acquisition	0	810	134
Proceeds from surrender of bank-owned life insurance policies	0	1,094	157
Other investing activities	(473)	208	(108)
Net cash (used in) provided by investing activities	(10,155)	2,429	75
CASH FLOWS FROM FINANCING ACTIVITIES
Net (decrease) increase in time deposits	(3,169)	5,634	568
Net increase (decrease) in demand and other interest-bearing deposits	12,630	(5,369)	(2,259)
Net (decrease) increase in securities sold under customer repurchase agreements	(118)	39	(153)
Repayment of short-term borrowings	0	(2,250)	(1,355)
Proceeds from issuance of short-term borrowings	0	500	3,105
Repayment of long-term borrowings	(450)	(13,120)	(5,099)
Proceeds from issuance of long-term borrowings	0	9,991	3,854
Repurchase of Class A common stock	(1,648)	0	(1,240)
Cash dividends paid	(158)	(117)	(83)
Other financing activities	(14)	(7)	(24)
Net cash provided by (used in) financing activities	7,073	(4,699)	(2,686)
Change in cash and due from banks	(94)	390	180
Cash and due from banks at beginning of period	908	518	338
Cash and due from banks at end of period	814	908	518
CASH PAYMENTS (REFUNDS) FOR:
Interest	5,079	3,686	525
Income taxes	763	514	(551)
Significant non-cash investing and financing activities:
Net settlement with FDIC for Purchase Money Note	80	0	0
Dividends declared but not paid	0	0	1
Transfer of assets from held for investment to held for sale	606	336	188
Commitments extended during the period on affordable housing investment credits	710	224	110
Purchase Money Note as consideration for SVBB Acquisition	0	35,808	0
Common Stock | Issued for Acquisition
Significant non-cash investing and financing activities:
Issuance of stock	0	0	5,279
Common Stock | Issued for Stock Based Compensation
Significant non-cash investing and financing activities:
Issuance of stock	0	0	81
Preferred Stock | Issued for Acquisition
Significant non-cash investing and financing activities:
Issuance of stock	$ 0	$ 0	$ 541

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION	12 Months Ended
	Dec. 31, 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”). On January 3, 2022 (the “CIT Merger Date”), BancShares completed its merger (the “CIT Merger”) with CIT Group Inc. (“CIT”), pursuant to an Agreement and Plan of Merger, dated as of October 15, 2020, as amended by Amendment No. 1, dated as of September 30, 2021 (as amended, the “CIT Merger Agreement”) . Refer to Note 2—Business Combinations for additional information. BASIS OF PRESENTATION Principles of Consolidation and Basis of Presentation The accounting and reporting policies of BancShares are in accordance with United States generally accepted accounting principles (“GAAP”) and general practices within the banking industry. 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. VIEs are legal entities that either do not have sufficient equity to finance their activities without the support from other parties or whose equity investors lack a controlling financial interest. BancShares has investments in certain partnerships and limited liability entities that have been evaluated and determined to be VIEs. Consolidation of a VIE is appropriate if a reporting entity holds a controlling financial interest in the VIE and is the primary beneficiary. BancShares is not the primary beneficiary and does not hold a controlling interest in the VIEs as we do not have the power to direct the activities that most significantly impact the VIEs’ economic performance. As such, assets and liabilities of these entities are not consolidated into the financial statements of BancShares. The recorded investment in these entities is reported within other assets. Refer to Note 9—Variable Interest Entities and Note 10—Other Assets for additional information. Reclassifications Financial Statements In certain instances, amounts reported in the 2023 and 2022 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. 2024 Changes to the Composition of Reportable Segments As of December 31, 2023, our reportable segments included the General Bank, the Commercial Bank, Silicon Valley Bank (“SVB”), and Rail. All other financial information not included in the segments is reported in the Corporate section of the segment disclosures. Effective January 1, 2024, we made the following changes to our segment reporting: • 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 and 2022 in Note 22—Segment Information conform with the above described changes to our reportable segments. Refer to Note 22—Segment Information for additional information. 2024 Changes to 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.” 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 in the 2023 Annual Report on Form 10-K, 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 included in this Annual Report on Form 10-K were recast to reflect the changes in loan classes summarized above. Our loan classes as of December 31, 2024 are further described in the “Loans and Leases” discussion of this Note 1—Significant Accounting Policies and Basis of Presentation. 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 Interest-Earning Deposits at Banks Interest-earning deposits at banks are primarily comprised of interest-bearing deposits with the Federal Reserve Bank (“FRB”) and other banks. Interest-earning deposits at banks have maturities of three months or less. The carrying value of interest-earning deposits at banks approximates its fair value due to its short-term nature. Securities Purchased Under Agreements to Resell Securities purchased under agreements to resell are accounted for as collateralized financing transactions as the terms of such purchase agreements do not qualify for sale accounting and are therefore recorded at the amount of cash advanced. The securities purchased under agreements to resell were primarily collateralized by U.S. Treasury and U.S. agency mortgage-backed securities. Accrued interest receivables are recorded in other assets. Interest earned is recorded in interest income. Investments Debt Securities BancShares classifies debt securities as held to maturity or available for sale. Debt securities are classified as held to maturity when BancShares has the intent and ability to hold the securities to maturity. Held to maturity securities are reported at amortized cost. Debt securities classified as available for sale are reported at estimated fair value, with unrealized gains and losses, net of income taxes, reported in Accumulated Other Comprehensive Income (“AOCI”). Amortization of premiums and accretion of discounts for debt securities are recorded in interest income. Realized gains and losses from the sale of debt securities are included in noninterest income. BancShares performs pre-purchase due diligence and evaluates the credit risk of available for sale and held to maturity debt securities purchased directly into BancShares' portfolio or via acquisition. If securities have evidence of more than insignificant credit deterioration since issuance, they are designated as purchased credit deteriorated (“PCD”). For available for sale debt securities, management performs a quarterly analysis of the investment portfolio to evaluate securities currently in an unrealized loss position for potential credit-related impairment. If BancShares intends to sell a security, or does not have the intent and ability to hold a security before recovering the amortized cost, the entirety of the unrealized loss is immediately recorded in earnings to the extent that it exceeds the associated allowance for credit losses previously established. For the remaining securities, an analysis is performed to determine if any portion of the unrealized loss recorded relates to credit impairment. If credit-related impairment exists, the amount is recorded through the allowance for credit losses and related provision. This review includes indicators such as changes in credit rating, delinquency, bankruptcy, or other significant events impacting the issuer. Debt securities are also classified as past due when the payment of principal and interest based upon contractual terms is 30 days delinquent or greater. Management reviews all debt securities with delinquent interest and immediately charges off any accrued interest determined to be uncollectible. Refer to Note 3—Investment Securities for additional information. Equity Securities Investments in equity securities having readily determinable fair values are stated at fair value. Realized and unrealized gains and losses on these securities are included in noninterest income. Dividends on marketable equity securities are included in interest on investment securities. Nonmarketable equity securities that do not meet the criteria to be accounted for under the equity method and that do not have readily determinable fair values are measured at cost under the measurement alternative with adjustments for impairment and observable price changes if applicable. Dividends from these investments are included in noninterest income. Refer to Note 10—Other Assets for amounts of nonmarketable equity securities at December 31, 2024 and 2023. BancShares evaluates its nonmarketable equity securities for impairment and recoverability of the recorded investment based on analysis of the facts and circumstances of each investment, including asset quality of the issuer, dividend payment history and recent redemption experience. Any impairment is recorded in noninterest income. Other Securities Membership in the Federal Home Loan Bank (“FHLB”) network requires ownership of FHLB restricted stock. This stock is restricted as it may only be sold to the FHLB and all sales must be at par. Accordingly, the FHLB restricted stock is carried at cost, less any applicable impairment charges and is recorded within other assets. Additionally, BancShares holds shares of Visa Inc. (“Visa”) Class B common stock. Refer to Note 3—Investment Securities and Note 10—Other Assets for additional information. Affordable Housing Tax Credit and Unconsolidated Investments 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. Affordable Housing Tax Credit Investments BancShares has investments in qualified affordable housing projects primarily for the purposes of fulfilling Community Reinvestment Act (“CRA”) requirements and obtaining tax credits. These investments are accounted for using the proportional amortization method (“PAM”) if certain conditions are met. 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 in the income statement as a component of income tax expense. All of our investments in qualified affordable housing projects are accounted for under PAM. Equity Method Investments Under the equity method, we record our proportionate share of the profits or losses of the investment entity as an adjustment to the carrying value of the investment and as a component of other noninterest income. Dividends and distributions from these investments are recorded as reductions to the carrying value of the investments. Affordable housing tax credit investments and equity method investments are evaluated for impairment, with any impairment recorded in noninterest income. The recorded impairment is the excess of the investment carrying value over the fair value. Refer to Note 9—Variable Interest Entities and Note 10—Other Assets for additional information. Assets Held for Sale Assets held for sale (“AHFS”) primarily consists of commercial loans carried at the lower of the cost or fair value (“LOCOM”) and residential mortgage loans carried at fair value, as BancShares elected to apply the fair value option for mortgage loans originated with the intent to sell. AHFS also includes operating lease equipment held for sale, which is carried at LOCOM. Loans and Leases Originated loans for which management has the intent and ability to hold for the foreseeable future are classified as held for investment and carried at the principal amount outstanding net of any unearned income, charge-offs and unamortized fees and costs. Nonrefundable fees collected and certain direct costs incurred related to loan originations are deferred and recorded as an adjustment to loans outstanding. The net amount of the nonrefundable fees and costs is amortized to interest income over the contractual lives as an adjustment to yield using methods that approximate a constant yield, as applicable, or the straight-line method for revolving lines of credit. BancShares extends credit to commercial customers through a variety of financing arrangements including term loans, revolving credit facilities, finance leases and operating leases. BancShares also extends credit through consumer loans, including residential mortgages and auto loans. Our loan classes as of December 31, 2024 are described below. Commercial Loans and Leases Commercial Construction – Commercial construction consists of loans to finance land for commercial development of real property and construction of multifamily apartments or other commercial properties. These loans are highly dependent on the supply and demand for CRE as well as the demand for newly constructed residential homes and lots acquired for development. Deterioration in demand could result in decreased collateral values, which could make repayments of outstanding loans difficult. Owner Occupied Commercial Mortgage – Owner occupied commercial mortgage consists of loans to purchase or refinance owner occupied nonresidential properties. This includes office buildings, other commercial facilities, and farmland. Commercial mortgages secured by owner occupied properties are primarily dependent on the ability of borrowers to achieve business results consistent with those projected at loan origination. While these loans are collateralized by real property in an effort to mitigate risk, it is possible the liquidation of collateral will not fully satisfy the obligation. Non-owner Occupied Commercial Mortgage – Non-owner occupied commercial mortgage consists of loans to purchase or refinance investment nonresidential properties. This includes office buildings and other facilities rented or leased to unrelated parties, as well as farmland and multifamily properties. The primary risk associated with income producing commercial mortgage loans is the ability of the income-producing property that collateralizes the loan to produce adequate cash flow to service the debt. While these loans are collateralized by real property in an effort to mitigate risk, it is possible the liquidation of collateral will not fully satisfy the obligation. Commercial and Industrial – Commercial and industrial (“C&I”) loans consist of loans or lines of credit to finance accounts receivable, inventory or other general business needs, and business credit cards. The primary risk associated with C&I loans is the ability of borrowers to achieve business results consistent with those projected at origination. Failure to achieve these projections presents risk that the borrower will be unable to service the debt consistent with the contractual terms of the loan. We provide factoring, receivable management, and secured financing to businesses (our clients, who are generally manufacturers or importers of goods) that operate in several industries, including 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 by our clients to their customers (generally retailers) that have been factored (i.e., sold or assigned to the factor). The most prevalent risk in factoring transactions is customer credit risk, which relates to the financial inability of a customer to pay undisputed factored trade accounts receivable. Factoring receivables are primarily included in the C&I loan class. Leases – Leases consists of finance lease arrangements for technology and office equipment and large and small industrial, medical, and transportation equipment. Consumer Loans Residential Mortgage – Consumer mortgage consists of loans to purchase, construct, or refinance the borrower’s primary dwelling, secondary residence or vacation home and are often secured by 1-4 family residential properties or undeveloped or partially developed land in anticipation of completing construction of a 1-4 family residential property. Significant and rapid declines in real estate values can result in borrowers having debt levels in excess of the current market value of the collateral. Delays in construction and development projects can cause cost overruns exceeding the borrower’s financial ability to complete the project. Such cost overruns can result in foreclosure of partially completed and unmarketable collateral. Revolving Mortgage – Revolving mortgage consists of home equity lines of credit and other lines of credit or loans secured by first or second liens on the borrower’s primary residence. These loans are secured by both senior and junior liens on the residential real estate and are particularly susceptible to declining collateral values. This risk is elevated for loans secured by junior liens as a substantial decline in value could render the junior lien position effectively unsecured. Consumer Auto – Consumer auto loans consist of installment loans to finance purchases of vehicles. These loans include direct auto loans originated in bank branches, as well as indirect auto loans originated through agreements with auto dealerships. The value of the underlying collateral within this class is at risk of potential rapid depreciation, which could result in unpaid balances in excess of the collateral, if any. Consumer Other – Other consumer loans consist of loans to finance unsecured home improvements, student loans, and revolving lines of credit that can be secured or unsecured, including personal credit cards. The value of the underlying collateral within this class is at risk of potential rapid depreciation, which could result in unpaid balances in excess of the collateral. SVB Loans Global Fund Banking – Global fund banking is the largest class of SVB loans and consists of capital call lines of credit, the repayment of which is dependent on the payment of capital calls by the underlying limited partner investors in funds managed by certain private equity and venture capital firms. Investor Dependent – The investor dependent class includes loans made primarily to technology, life science and healthcare companies. These borrowers typically have modest or negative cash flows and rarely have an established record of profitable operations. Repayment of these loans may be dependent upon receipt by borrowers of additional equity financing from venture capital firms or other investors, or in some cases, a successful sale to a third-party or an initial public offering. The investor dependent loans are disaggregated into two classes: • Early Stage – These include loans to pre-revenue, development-stage companies and companies that are in the early phases of commercialization, with revenues of up to $5 million. • Growth Stage – These include loans to growth stage enterprises. Companies with revenues between $5 million and $15 million, or pre-revenue clinical-stage biotechnology companies, are considered to be mid-stage, and companies with revenues in excess of $15 million are considered to be later-stage. Cash Flow Dependent and Innovation C&I – Cash flow dependent and innovation C&I loans are made primarily to technology, life science, and healthcare companies that are not investor dependent. Repayment of these loans is not dependent on additional equity financing, a successful sale or an initial public offering. • Cash Flow Dependent – Cash flow dependent loans are typically used to assist a select group of private equity sponsors with the acquisition of businesses, are larger in size and repayment is generally dependent upon the cash flows of the combined entities. Acquired companies are typically established, later-stage businesses of scale, and characterized by reasonable levels of leverage with loan structures that include meaningful financial covenants. The sponsor’s equity contribution is often 50 percent or more of the acquisition price. • Innovation C&I – These include loans in innovation sectors such as technology, life science and healthcare industries. Innovation C&I loans are dependent on either the borrower’s cash flows or balance sheet for repayment. Cash flow dependent loans require the borrower to maintain cash flow from operations that is sufficient to service all debt. Borrowers must demonstrate normalized cash flow in excess of all fixed charges associated with operating the business. Balance sheet dependent loans include asset-backed loans and are structured to require constant current asset coverage (e.g., cash, cash equivalents, accounts receivable and, to a much lesser extent, inventory) in an amount that exceeds the outstanding debt. The repayment of these arrangements is dependent on the financial condition, and payment ability, of third parties with whom our clients do business. Acquired Loans and Leases BancShares’ accounting methods for acquired loans and leases depends on whether or not the loans reflect more than insignificant credit deterioration since origination at the date of acquisition. Non-Purchased Credit Deteriorated Loans and Leases Non-Purchased Credit Deteriorated (“Non-PCD”) loans and leases do not reflect more than insignificant credit deterioration since origination at the date of acquisition. These loans are recorded at fair value and an increase to the ALLL is recorded with a corresponding increase to the provision for credit losses at the date of acquisition. The difference between fair value and the unpaid principal balance (“UPB”) at the acquisition date is amortized or accreted to interest income over the contractual life of the loan using the effective interest method. Purchased Credit Deteriorated Loans and Leases Purchased loans and leases that reflect a more than insignificant credit deterioration since origination at the date of acquisition are classified as PCD loans and leases. PCD loans and leases are recorded at acquisition date amortized cost, which is the purchase price or fair value in a business combination, plus BancShares' initial ALLL, which results in a gross up of the loan balance (the “PCD Gross-Up”). The initial ALLL for PCD loans and leases (the “Initial PCD ALLL”) is established through the PCD Gross-Up and there is no corresponding increase to the provision for credit losses. The difference between the UPB and the acquisition date amortized cost resulting from the PCD Gross-Up is amortized or accreted to interest income over the contractual life of the loan using the effective interest method. Refer to Note 5—Allowance for Loan and Lease Losses for additional information. Past Due and Non-Accrual Loans and Leases Loans and leases are classified as past due when the payment of principal and interest based upon contractual terms is 30 days or greater delinquent. Loans and leases are generally placed on nonaccrual when principal or interest becomes 90 days past due or when it is probable the principal or interest is not fully collectible. When loans are placed on nonaccrual, previously uncollected accrued interest is reversed from interest income and the ongoing accrual of interest is discontinued. All payments received thereafter are applied as a reduction of the outstanding balance until the account is collected, charged-off or returned to accrual status. Loans and leases are generally removed from nonaccrual status when they become current for a sustained period of time and there is no longer concern as to the collectability of principal and interest. Loan Charge-Offs and Recoveries Loan charge-offs are recorded after considering such factors as the borrower’s financial condition, the value of underlying collateral, guarantees, and the status of collection activities. Loan balances considered uncollectible are charged-off against the ALLL and deducted from the carrying value of the related loans. Consumer loans are subject to mandatory charge-off at specified delinquency dates in accordance with regulatory guidelines. The value of the underlying collateral for consumer loans is considered when determining the charge-off amount if repossession is reasonably assured and in process. Refer to Note 4—Loans and Leases for additional information. Realized recoveries of amounts previously charged-off are credited to the ALLL. Allowance for Loan and Lease Losses The ALLL represents management’s best estimate of credit losses expected over the life of the loan or lease, adjusted for expected contractual payments and the impact of prepayment expectations. Estimates for loan and lease losses are determined by analyzing quantitative and qualitative components present as of the evaluation date using the current expected credit loss (“CECL”) methodology in accordance with the Financial Accounting Standards Board’s (“FASB”) Accounting Standard Codification (“ASC”) 326 Financial Instruments - Credit Losses . Adjustments to the ALLL are recorded with a corresponding entry to the provision or benefit for credit losses. The ALLL is calculated based on a variety of considerations, including, but not limited to actual net loss history of the various loan and lease pools, delinquency trends, changes in forecasted economic conditions, loan growth, estimated loan life, and changes in portfolio credit quality. Loans and leases are segregated into pools with similar risk characteristics and each have a model that is utilized to estimate the ALLL. These ALLL models estimate the probability of obligor default (“PD”) and loss given default (“LGD”) for individual loans and leases within each risk pool based on historical loss experience, borrower characteristics, collateral type, forecasts of future economic conditions, expected future recoveries and other factors. The loan and lease level undiscounted ALLL is calculated by applying the modeled PD and LGD to monthly forecasted loan and lease balances which are adjusted for contractual payments, prior defaults, and prepayments. Prepayment assumptions were developed through a review of BancShares’ historical prepayment activity and considered forecasts of future economic conditions. Forecasted LGDs are adjusted for expected recoveries. Model outputs may be adjusted through a qualitative assessment to reflect trends that may not be adequately reflected within the models, which could include economic conditions, uncertainty in macroeconomic forecasts, credit quality, risk to specific industry concentrations, and any significant policy and underwriting changes. These qualitative adjustments are also used to accommodate for the imprecision of certain assumptions and uncertainties inherent in the model calculations. The ALLL models utilize economic variables, including unemployment, gross domestic product, home price index, CRE index, corporate profits, and credit spreads. These economic variables are based on macroeconomic scenario forecasts with a forecast horizon that covers the lives of the loan portfolios. Due to the inherent uncertainty in the macroeconomic forecasts, BancShares utilizes baseline, upside, and downside macroeconomic scenarios and weights the scenarios based on review of variable forecasts for each scenario and comparison to expectations. When loans do not share risk characteristics similar to others in the pool, the ALLL is evaluated on an individual basis. Given that BancShares’ CECL models are loan level models, the number of loans individually evaluated is not significant and consists primarily of loans greater than $500 thousand. A specific ALLL is established (or charge-off recorded) for the shortfall, if any, between the present value of future cash flows (or fair value of the collateral, less estimated costs to sell) and the amortized cost of the loan. Risk pools for estimating the ALLL, along with loans evaluated on an individual basis, are aggregated into commercial, consumer and SVB loan portfolios for reporting purposes in Note 5—Allowance for Loan and Lease Losses. Accrued Interest Receivable BancShares' accounting policies and credit monitoring provide that uncollectible accrued interest is reversed or written off against interest income in a timely manner. Therefore, BancShares elected to not measure an ALLL for accrued interest receivable. Accrued interest receivable is recorded in other assets Unfunded Commitments A reserve for off-balance sheet exposures is established for unfunded commitments such as unfunded balances for existing lines of credit, deferred purchase agreements (“DPAs”), commitments to extend future credit, as well as both standby and commercial letters of cred

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	12 Months Ended
	Dec. 31, 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 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 one-year period following the SVBB Acquisition Date (“Measurement Period Adjustments”). BancShares recorded Measurement Period Adjustments during 2023 and none during the year ended December 31, 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 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) $ 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 of $3.36 billion recorded in the SVBB Acquisition. 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. The following table presents the 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 at SVBB Acquisition Date 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. Refer to further detail in Note 8—Goodwill and Core Deposit Intangibles. 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 was considered a taxable transaction. The deferred tax liability of $3.36 billion 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 $1.95 billion, $478 million and $530 million, respectively, attributable to the SVBB Acquisition were included in BancShares’ Consolidated Statement of Income for the year ended December 31, 2023. CIT Group Inc. BancShares completed the CIT Merger on the CIT Merger Date. Pursuant to the CIT Merger Agreement, each share of CIT common stock, par value $0.01 per share (“CIT Common Stock”), issued and outstanding, except for certain shares of CIT Common Stock owned by CIT or BancShares, was converted into the right to receive 0.062 shares of Class A common stock, plus cash in lieu of fractional shares of Class A common stock. The Parent Company issued approximately 6.1 million shares of Class A common stock in connection with the consummation of the CIT Merger.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Dec. 31, 2024
Investments [Abstract]
INVESTMENT SECURITIES	NOTE 3 — INVESTMENT SECURITIES The following tables include the amortized cost and fair value of investment securities at December 31, 2024 and 2023: Amortized Cost and Fair Value - Investment Securities dollars in millions December 31, 2024 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 13,897 $ 33 $ (27) $ 13,903 Government agency 79 — (2) 77 Residential mortgage-backed securities 16,161 41 (582) 15,620 Commercial mortgage-backed securities 3,869 7 (210) 3,666 Corporate bonds 489 — (22) 467 Municipal bonds 17 — — 17 Total investment securities available for sale $ 34,512 $ 81 $ (843) $ 33,750 Investment in marketable equity securities $ 79 $ 27 $ (5) $ 101 Investment securities held to maturity U.S. Treasury $ 483 $ — $ (31) $ 452 Government agency 1,489 — (115) 1,374 Residential mortgage-backed securities 4,558 2 (682) 3,878 Commercial mortgage-backed securities 3,407 — (678) 2,729 Supranational securities 300 — (33) 267 Other 2 — — 2 Total investment securities held to maturity $ 10,239 $ 2 $ (1,539) $ 8,702 Total investment securities $ 44,830 $ 110 $ (2,387) $ 42,553 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”), 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 revenue 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 December 31, 2024, accrued interest receivable for available for sale and held to maturity debt securities was $177 million and $20 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 year ended December 31, 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 December 31, 2024 or 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 December 31, 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 $ 5,090 $ 5,086 $ 5,674 $ 5,658 After one through five years 8,945 8,949 4,996 4,959 After five through 10 years 346 330 408 369 After 10 years 22 22 17 16 Government agency 79 77 120 117 Residential mortgage-backed securities 16,161 15,620 7,154 6,686 Commercial mortgage-backed securities 3,869 3,666 2,319 2,131 Total investment securities available for sale $ 34,512 $ 33,750 $ 20,688 $ 19,936 Investment securities held to maturity Non-amortizing securities maturing in: One year or less $ 429 $ 419 $ 27 $ 26 After one through five years 1,299 1,208 1,636 1,508 After five through 10 years 546 468 622 533 Residential mortgage-backed securities 4,558 3,878 4,205 3,561 Commercial mortgage-backed securities 3,407 2,729 3,489 2,875 Total investment securities held to maturity $ 10,239 $ 8,702 $ 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 Year Ended December 31, 2024 2023 2022 Interest income - taxable investment securities $ 1,344 $ 642 $ 352 Interest income - nontaxable investment securities 1 4 — Dividend income - marketable equity securities 2 2 2 Interest on investment securities $ 1,347 $ 648 $ 354 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 $6 million, for the year ended December 31, 2024, and none in the years ended December 31, 2023 and 2022. The following table presents the gross realized losses on the sales of investment securities available for sale. Realized Gains and Losses on Debt Securities Available For Sale dollars in millions Year Ended December 31, 2024 2023 2022 Gross realized gains on sales of investment securities available for sale $ 1 $ — $ — Gross realized losses on sales of investment securities available for sale (1) (26) — Net realized losses on sales of investment securities available for sale $ — $ (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 December 31, 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 $ 3,791 $ (12) $ 981 $ (15) $ 4,772 $ (27) Government agency — — 77 (2) 77 (2) Residential mortgage-backed securities 7,470 (61) 3,575 (521) 11,045 (582) Commercial mortgage-backed securities 1,183 (8) 1,342 (202) 2,525 (210) Corporate bonds 16 — 438 (22) 454 (22) Total $ 12,460 $ (81) $ 6,413 $ (762) $ 18,873 $ (843) 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 December 31, 2024, there were 486 investment securities available for sale with continuous unrealized losses for more than 12 months, of which 420 were government sponsored enterprise-issued mortgage-backed securities, government agency securities, or U.S. treasury securities and the remaining 66 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 December 31, 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 December 31, 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 December 31, 2024. There were no debt securities on nonaccrual status as of December 31, 2024 or December 31, 2023. Investment securities having an aggregate carrying value of $3.94 billion at December 31, 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	12 Months Ended
	Dec. 31, 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 December 31, 2024 December 31, 2023 Commercial Commercial construction $ 5,109 $ 3,918 Owner occupied commercial mortgage 16,842 15,471 Non-owner occupied commercial mortgage 16,194 14,995 Commercial and industrial 31,640 29,794 Leases 2,014 2,054 Total commercial 71,799 66,232 Consumer Residential mortgage 23,152 22,776 Revolving mortgage 2,567 2,165 Consumer auto 1,523 1,442 Consumer other 986 1,176 Total consumer 28,228 27,559 SVB Global fund banking 27,904 25,553 Investor dependent - early stage 997 1,403 Investor dependent - growth stage 2,196 2,897 Innovation C&I and cash flow dependent 9,097 9,658 Total SVB 40,194 39,511 Total loans and leases $ 140,221 $ 133,302 Refer to Note 1—Significant Accounting Policies and Basis of Presentation for discussion of the changes in loan classes. At December 31, 2024 and December 31, 2023, accrued interest receivable on loans included in other assets 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 $505 million for the year ended December 31, 2024, including $81 million for unfunded commitments. Discount accretion income, which primarily related to the SVBB Acquisition, was $733 million for the year ended December 31, 2023, including $128 million for unfunded commitments. The following table presents selected components of the amortized cost of loans, including the unamortized discount on acquired loans. Components of Amortized Cost dollars in millions December 31, 2024 December 31, 2023 Deferred fees, including unamortized costs and unearned fees on non-PCD loans $ (91) $ (72) Net unamortized discount on acquired loans Non-PCD $ 1,504 $ 1,860 PCD 94 176 Total net unamortized discount $ 1,598 $ 2,036 The aging and nonaccrual status of the outstanding loans and leases by class at December 31, 2024 and December 31, 2023 are 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 and Nonaccrual Status (1) (2) dollars in millions December 31, 2024 Accruing Loans 30-59 Days 60-89 Days 90 Days or Total Current Total Accruing Nonaccrual Loans Total Commercial Commercial construction $ 21 $ 1 $ 1 $ 23 $ 5,077 $ 5,100 $ 9 $ 5,109 Owner occupied commercial mortgage 30 9 2 41 16,739 16,780 62 16,842 Non-owner occupied commercial mortgage 43 27 78 148 15,621 15,769 425 16,194 Commercial and industrial 118 39 16 173 31,182 31,355 285 31,640 Leases 33 11 2 46 1,937 1,983 31 2,014 Total commercial 245 87 99 431 70,556 70,987 812 71,799 Consumer Residential mortgage 172 27 7 206 22,798 23,004 148 23,152 Revolving mortgage 20 4 — 24 2,519 2,543 24 2,567 Consumer auto 12 3 — 15 1,500 1,515 8 1,523 Consumer other 5 3 3 11 974 985 1 986 Total consumer 209 37 10 256 27,791 28,047 181 28,228 SVB Global fund banking — — — — 27,904 27,904 — 27,904 Investor dependent - early stage 8 1 — 9 947 956 41 997 Investor dependent - growth stage 2 — — 2 2,148 2,150 46 2,196 Innovation C&I and cash flow dependent 52 1 — 53 8,940 8,993 104 9,097 Total SVB 62 2 — 64 39,939 40,003 191 40,194 Total loans and leases $ 516 $ 126 $ 109 $ 751 $ 138,286 $ 139,037 $ 1,184 $ 140,221 December 31, 2023 Accruing Loans 30-59 Days 60-89 Days 90 Days or Total Current Total Accruing Nonaccrual Loans Total Commercial Commercial construction $ 43 $ 8 $ 1 $ 52 $ 3,864 $ 3,916 $ 2 $ 3,918 Owner occupied commercial mortgage 19 2 8 29 15,382 15,411 60 15,471 Non-owner occupied commercial mortgage 97 160 39 296 14,288 14,584 411 14,995 Commercial and industrial 152 41 59 252 29,348 29,600 194 29,794 Leases 51 13 7 71 1,952 2,023 31 2,054 Total commercial 362 224 114 700 64,834 65,534 698 66,232 Consumer Residential mortgage 125 25 4 154 22,495 22,649 127 22,776 Revolving mortgage 13 2 — 15 2,129 2,144 21 2,165 Consumer auto 9 2 — 11 1,426 1,437 5 1,442 Consumer other 8 3 3 14 1,161 1,175 1 1,176 Total consumer 155 32 7 194 27,211 27,405 154 27,559 SVB Global fund banking — — — — 25,553 25,553 — 25,553 Investor dependent - early stage 8 9 2 19 1,347 1,366 37 1,403 Investor dependent - growth stage — 1 — 1 2,859 2,860 37 2,897 Innovation C&I and cash flow dependent 27 3 — 30 9,585 9,615 43 9,658 Total SVB 35 13 2 50 39,344 39,394 117 39,511 Total loans and leases $ 552 $ 269 $ 123 $ 944 $ 131,389 $ 132,333 $ 969 $ 133,302 (1) Accrued interest that was reversed when the loan went to nonaccrual status was $14 million for the twelve months ended December 31, 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 December 31, 2024 and $138 million at December 31, 2023. OREO and repossessed assets were $64 million as of December 31, 2024 and $62 million as of 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 December 31, 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 December 31, 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 $ 1,095 $ 1,854 $ 1,276 $ 287 $ 152 $ 52 $ 148 $ — $ 4,864 Special Mention — 80 35 — 7 24 — — 146 Substandard — 8 47 20 7 17 — — 99 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total commercial construction 1,095 1,942 1,358 307 166 93 148 — 5,109 Owner occupied commercial mortgage Pass 2,721 2,445 2,747 2,581 2,199 2,988 223 29 15,933 Special Mention 22 46 70 58 32 61 9 — 298 Substandard 30 34 136 82 73 245 10 1 611 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total owner occupied commercial mortgage 2,773 2,525 2,953 2,721 2,304 3,294 242 30 16,842 Non-owner occupied commercial mortgage Pass 2,879 3,082 2,744 2,041 1,598 2,134 119 3 14,600 Special Mention — 66 293 43 4 86 — — 492 Substandard 12 15 171 39 116 653 — — 1,006 Doubtful — — — — 20 76 — — 96 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 2,891 3,163 3,208 2,123 1,738 2,949 119 3 16,194 Commercial and industrial Pass 9,677 4,862 3,417 2,042 1,101 1,408 6,886 62 29,455 Special Mention 92 53 178 245 25 69 114 — 776 Substandard 61 127 225 106 167 207 274 4 1,171 Doubtful 5 23 35 15 1 18 6 — 103 Ungraded — — — — — — 135 — 135 Total commercial and industrial 9,835 5,065 3,855 2,408 1,294 1,702 7,415 66 31,640 Leases Pass 739 506 300 147 96 46 — — 1,834 Special Mention 13 17 29 5 4 — — — 68 Substandard 21 29 23 13 9 8 — — 103 Doubtful 1 3 2 2 1 — — — 9 Ungraded — — — — — — — — — Total leases 774 555 354 167 110 54 — — 2,014 Total commercial $ 17,368 $ 13,250 $ 11,728 $ 7,726 $ 5,612 $ 8,092 $ 7,924 $ 99 $ 71,799 SVB - Risk Classifications by Class December 31, 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 $ 892 $ 179 $ 147 $ 20 $ 14 $ 12 $ 26,588 $ 36 $ 27,888 Special Mention — — — — — — — — — Substandard — — 5 8 2 — 1 — 16 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total global fund banking 892 179 152 28 16 12 26,589 36 27,904 Investor dependent - early stage Pass 293 201 94 5 — — 97 3 693 Special Mention 8 8 3 — — — — — 19 Substandard 44 83 62 17 — — 41 — 247 Doubtful 15 16 6 — — — 1 — 38 Ungraded — — — — — — — — — Total investor dependent - early stage 360 308 165 22 — — 139 3 997 Investor dependent - growth stage Pass 842 439 258 32 — — 218 — 1,789 Special Mention 9 20 3 — — — 26 — 58 Substandard 78 90 102 14 1 — 20 — 305 Doubtful 11 3 22 5 — — 3 — 44 Ungraded — — — — — — — — — Total investor dependent - growth stage 940 552 385 51 1 — 267 — 2,196 Innovation C&I and cash flow dependent Pass 2,136 1,433 1,205 347 120 — 2,147 5 7,393 Special Mention 53 183 77 57 4 — 89 — 463 Substandard 94 220 389 226 28 — 180 — 1,137 Doubtful — — 7 — — — 97 — 104 Ungraded — — — — — — — — — Total innovation C&I and cash flow dependent 2,283 1,836 1,678 630 152 — 2,513 5 9,097 Total SVB $ 4,475 $ 2,875 $ 2,380 $ 731 $ 169 $ 12 $ 29,508 $ 44 $ 40,194 Consumer Loans - Delinquency Status by Class December 31, 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 $ 2,178 $ 2,968 $ 5,264 $ 5,148 $ 2,913 $ 4,353 $ 4 $ — $ 22,828 30-59 days 3 13 19 23 31 95 — — 184 60-89 days 1 3 5 2 2 28 — — 41 90 days or greater — 4 6 7 9 73 — — 99 Total residential mortgage 2,182 2,988 5,294 5,180 2,955 4,549 4 — 23,152 Revolving mortgage Current — — — — — — 2,420 108 2,528 30-59 days — — — — — — 16 6 22 60-89 days — — — — — — 1 5 6 90 days or greater — — — — — — 3 8 11 Total revolving mortgage — — — — — — 2,440 127 2,567 Consumer auto Current 617 358 277 155 68 27 — — 1,502 30-59 days 3 3 3 2 1 1 — — 13 60-89 days 1 1 1 1 — — — — 4 90 days or greater 1 1 1 1 — — — — 4 Total consumer auto 622 363 282 159 69 28 — — 1,523 Consumer other Current 147 144 99 30 6 18 531 — 975 30-59 days 1 — — — — 1 3 — 5 60-89 days — — 1 — — — 2 — 3 90 days or greater — — — — — 1 2 — 3 Total consumer other 148 144 100 30 6 20 538 — 986 Total consumer $ 2,952 $ 3,495 $ 5,676 $ 5,369 $ 3,030 $ 4,597 $ 2,982 $ 127 $ 28,228 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: Year Ended December 31, 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 $ — $ — $ — $ — $ — $ 12 $ — $ — $ 12 Non-owner occupied commercial mortgage — — — — 36 81 — — 117 Commercial and industrial 17 46 81 19 5 17 63 1 249 Leases 2 6 7 7 3 4 — — 29 Total commercial 19 52 88 26 44 114 63 1 407 Consumer Residential mortgage — — — — — 1 — — 1 Revolving mortgage — — — — — — — 1 1 Consumer auto 1 2 2 1 — — — — 6 Consumer other — 2 1 1 — 1 17 — 22 Total consumer 1 4 3 2 — 2 17 1 30 SVB Investor dependent - early stage — 41 66 18 2 — 7 — 134 Investor dependent - growth stage — 14 37 10 1 6 2 — 70 Innovation C&I and cash flow dependent — 2 — — — 2 12 — 16 Total SVB — 57 103 28 3 8 21 — 220 Total loans and leases $ 20 $ 113 $ 194 $ 56 $ 47 $ 124 $ 101 $ 2 $ 657 Year Ended December 31, 2023 Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2023 2022 2021 2020 2019 2018 & Prior Revolving Total Commercial Owner occupied commercial mortgage $ — $ — $ — $ — $ — $ — $ 1 $ — $ 1 Non-owner occupied commercial mortgage — — — — 66 21 — — 87 Commercial and industrial 31 90 40 53 15 16 55 1 301 Leases 2 10 7 3 2 1 — — 25 Total commercial 33 100 47 56 83 38 56 1 414 Consumer Residential mortgage — — — — — 2 — — 2 Consumer auto 1 1 1 1 — — — — 4 Consumer other 7 1 1 — — — 13 — 22 Total consumer 8 2 2 1 — 2 13 — 28 SVB Investor dependent - early stage 2 30 29 3 — — 11 — 75 Investor dependent - growth stage 22 37 25 12 — — 1 — 97 Innovation C&I and cash flow dependent 6 — — — — — 18 — 24 Total SVB 30 67 54 15 — — 30 — 196 Total loans and leases $ 71 $ 169 $ 103 $ 72 $ 83 $ 40 $ 99 $ 1 $ 638 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 year ended December 31, 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 $ 11 $ 1 $ — $ — $ — $ — $ 12 0.22 % Owner occupied commercial mortgage 37 10 4 1 2 — 54 0.32 Non-owner occupied commercial mortgage 184 6 — 9 26 — 225 1.39 Commercial and industrial 88 31 30 14 2 — 165 0.52 Total commercial 320 48 34 24 30 — 456 0.64 Consumer Residential mortgage 10 — 2 2 — — 14 0.06 Revolving mortgage 9 — — 1 — — 10 0.38 Total consumer 19 — 2 3 — — 24 0.08 SVB Investor dependent - early stage — 27 — — 12 1 40 3.94 Investor dependent - growth stage 7 37 — — 15 — 59 2.67 Innovation C&I and cash flow dependent 55 67 — — — — 122 1.35 Total SVB 62 131 — — 27 1 221 0.55 Total loans and leases $ 401 $ 179 $ 36 $ 27 $ 57 $ 1 $ 701 0.50 % (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 year ended December 31, 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 (2) Total Percent of Total Loan Class Commercial Commercial construction $ 4 $ — $ — $ — $ — $ — $ 4 0.10 % Owner occupied commercial mortgage 16 — 2 — — — 18 0.11 Non-owner occupied commercial mortgage 258 — — 40 — — 298 1.99 Commercial and industrial 106 10 — 5 — — 121 0.41 Total commercial 384 10 2 45 — — 441 0.67 Consumer Residential mortgage 8 — — 3 — 3 14 0.06 Revolving mortgage 2 — — 1 — — 3 0.12 Total consumer 10 — — 4 — 3 17 0.06 SVB Investor dependent - early stage 3 17 — — — 6 26 1.88 Investor dependent - growth stage 8 28 — — — — 36 1.24 Innovation C&I and cash flow dependent 72 — — — 7 — 79 0.81 Total SVB 83 45 — — 7 6 141 0.36 Total loans and leases $ 477 $ 55 $ 2 $ 49 $ 7 $ 9 $ 599 0.45 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. (2) Consists of $6 million of Investor dependent - early stage loans modified with a term extension, interest rate reduction, and payment delay as well as $3 million of Residential mortgages modified with a payment delay and interest rate reduction. Financial Effects of Loan Modifications made during the year ended December 31, 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 6 0.60 % 5 $ — Owner occupied commercial mortgage 30 1.42 7 — Non-owner occupied commercial mortgage 20 0.78 40 — Commercial and industrial 23 0.79 9 — Leases 11 — 6 — Total commercial 21 0.84 21 — Consumer Residential mortgage 71 1.89 11 — Revolving mortgage 37 4.27 — — Consumer auto 31 0.53 — — Consumer other 60 9.66 — — Total consumer 56 2.73 11 — SVB Investor dependent - early stage 10 2.75 7 — Investor dependent - growth stage 12 — 8 — Innovation C&I and cash flow dependent 12 — 12 — Total SVB 12 2.75 10 — Total loans and leases 21 1.00 % 13 $ — Financial Effects of Loan Modifications made during the year ended December 31, 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 9 — % — $ — Owner occupied commercial mortgage 17 3.52 — — Non-owner occupied commercial mortgage 12 3.00 — — Commercial and industrial 20 2.04 7 — Leases 16 — — — Total commercial 14 2.93 7 — Consumer Residential mortgage 78 4.13 6 — Revolving mortgage 59 2.81 — — Consumer auto 27 0.69 — — Consumer other 53 9.42 — — Total consumer 74 4.08 6 — SVB Investor dependent - early stage 9 1.00 5 — Investor dependent - growth stage 9 — 5 — Innovation C&I and cash flow dependent 4 — 5 — Total SVB 5 1.00 5 — Total loans and leases 14 2.89 % 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 December 31, 2024, there were $62 million of loans modified in the twelve months ended December 31, 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 (year ended December 31, 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 $ 12 $ — $ — $ — $ 12 Owner occupied commercial mortgage 51 3 — — 54 Non-owner occupied commercial mortgage 220 5 — — 225 Commercial and industrial 130 1 1 33 165 Total commercial 413 9 1 33 456 Consumer Residential mortgage 8 2 1 3 14 Revolving mortgage 9 — — 1 10 Total consumer 17 2 1 4 24 SVB Investor dependent - early stage 29 11 — — 40 Investor dependent - growth stage 59 — — — 59 Innovation C&I and cash flow dependent 122 — — — 122 Total SVB 210 11 — — 221 Total loans and leases $ 640 $ 22 $ 2 $ 37 $ 701 Modified Loans Payment Status (year ended December 31, 2023) dollars in millions Current 30–59 Days Past Due 60–89 Days Past Due 90 Days or Greater Past Due Total Commercial Commercial construction $ 4 $ — $ — $ — $ 4 Owner occupied commercial mortgage 17 1 — — 18 Non-owner occupied commercial mortgage 297 — — 1 298 Commercial and industrial 116 3 1 1 121 Total commercial 434 4 1 2 441 Consumer Residential mortgage 12 — 1 1 14 Revolving mortgage 3 — — — 3 Total consumer 15 — 1 1 17 SVB Investor dependent - early stage 22 — — 4 26 Investor dependent - growth stage 36 — — — 36 Innovation C&I and cash flow dependent 39 — — 40 79 Total SVB 97 — — 44 141 Total loans and leases $ 546 $ 4 $ 2 $ 47 $ 599 At December 31, 2024, there were $55 million of commitments to lend additional funds to debtors experiencing financial difficulty for which the terms of the loan were modified during the twelve months ended December 31, 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 twelve months 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 FRB and FDIC. Loans Pledged dollars in millions December 31, 2024 December 31, 2023 FHLB of Atlanta Lendable collateral value of pledged non-PCD loans $ 17,873 $ 15,072 Less: advances — — Less: letters of credit 1,450 1,450 Available borrowing capacity $ 16,423 $ 13,622 Pledged non-PCD loans $ 30,421 $ 25,370 FRB Lendable collateral value of pledged non-PCD loans $ 5,475 $ 5,115 Less: advances — — Available borrowing capacity $ 5,475 $ 5,115 Pledged non-PCD loans $ 6,309 $ 6,273 FDIC Lendable collateral value of pledged loans $ 41,282 $ 51,179 Less: advances — — Less: Purchase Money Note 35,991 36,072 Available borrowing capacity $ 5,291 $ 15,107 Pledged loans $ 41,040 $ 51,179 As a member of the FHLB, FCB can access financing based on an evaluation of its creditworthiness, statement of financial position, size and eligibility of collateral. FCB may at any time grant a security interest in, sell, convey or otherwise dispose of any of the assets used for collateral, provided that FCB is in compliance with the collateral maintenance requirement immediately following such disposition. Under borrowing arrangements with the FRB, BancShares has access to the FRB Discount Window on a secured basis. There were no outstanding borrowings with the FRB Discount Window at December 31, 2024 or December 31, 2023. In connection with the SVBB Acquisition, FCB and the FDIC entered into financing agreements, including the five-year Purchase Money Note of approximately $36.07 billion, and the Advance Facility Agreement, providing total advances available through March 27, 2025 of up to $70 billion. Refer to Note 2—Business Combinations for further discussion of these agreements and related collateral requirements and limits on usage.

ALLOWANCE FOR LOAN AND LEASE LO

ALLOWANCE FOR LOAN AND LEASE LOSSES	12 Months Ended
	Dec. 31, 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 14—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. The Initial PCD ALLL for the SVBB Acquisition and the CIT Merger were established through a PCD Gross-Up and there were no corresponding increases to the provision for credit losses. The PCD Gross-Ups are discussed further in Note 1—Significant Accounting Policies and Basis of Presentation. The initial ALLL for Non-PCD loans and leases acquired in the SVBB Acquisition and the CIT Merger were established through corresponding increases 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 and the CIT Merger were established through a corresponding increase to the provision for off-balance sheet credit exposure (the “Day 2 Provision for Off-Balance Sheet Credit Exposure”). The ALLL activity for loans and leases is summarized in the following table: Allowance for Loan and Lease Losses dollars in millions Year Ended December 31, 2024 Year Ended December 31, 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 for loan and lease losses 298 8 163 469 651 2 50 703 Total provision for loan and lease losses 298 8 163 469 690 45 430 1,165 Charge-offs (407) (30) (220) (657) (414) (28) (196) (638) Recoveries 46 14 57 117 47 13 18 78 Balance at end of period $ 1,063 $ 158 $ 455 $ 1,676 $ 1,126 $ 166 $ 455 $ 1,747 dollars in millions Year Ended December 31, 2022 Commercial Consumer SVB Total Balance at beginning of period $ 80 $ 98 $ — $ 178 Initial PCD ALLL 258 14 — 272 Day 2 Provision for Loan and Lease Losses 432 22 — 454 Provision (benefit) for loan and lease losses 101 (4) — 97 Total provision for loan and lease losses 533 18 — 551 Charge-offs (126) (20) — (146) Recoveries 44 23 — 67 Balance at end of period $ 789 $ 133 $ — $ 922 The decrease in the ALLL at December 31, 2024 compared to December 31, 2023 was mainly due to changes in loan mix, improvements in the macroeconomic forecast, and decreases in specific reserves for individually evaluated loans. The mix shift was mostly within SVB loans and reflected increases in the global fund banking portfolio, which has a lower loss rate relative to the rest of our portfolios, and decreases in the investor dependent portfolios, which have higher loss rates. These decreases were partially offset by increases related to loan growth and a $20 million loan loss reserve for Helene. The following table presents the components of the provision for credit losses: Provision for Credit Losses dollars in millions Year Ended December 31, 2024 2023 2022 Day 2 Provision for Loan and Lease Losses $ — $ 462 $ 454 Provision for loan and lease losses 469 703 97 Total provision for loan and lease losses 469 1,165 551 Day 2 Provision for Off-Balance Sheet Credit Exposure — 254 59 (Benefit) provision from off-balance sheet credit exposure (38) (44) 35 Total (benefit) provision for off-balance sheet credit exposure (38) 210 94 Provision for credit losses $ 431 $ 1,375 $ 645

LEASES

LEASES	12 Months Ended
	Dec. 31, 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 December 31, 2024 December 31, 2023 Lease assets: Operating lease ROU assets Other assets $ 316 $ 354 Finance leases Premises and equipment 15 9 Total lease assets $ 331 $ 363 Lease liabilities: Operating leases Other liabilities $ 357 $ 396 Finance leases Other borrowings 15 9 Total lease liabilities $ 372 $ 405 Weighted-average remaining lease terms: Operating leases 7.4 years 8.1 years Finance leases 11.7 years 15.4 years Weighted-average discount rate: Operating leases 2.94 % 2.70 % Finance leases 3.96 3.52 As of December 31, 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 Year Ended December 31, Classification 2024 2023 2022 Operating lease cost (1) Occupancy expense $ 76 $ 64 $ 58 Finance lease ROU asset amortization Equipment expense 2 2 2 Variable lease cost (2) Occupancy expense 28 25 12 Sublease income Occupancy expense (6) (3) (2) Net lease cost (1), (2) $ 100 $ 88 $ 70 (1) In addition, approximately $34 million and $6 million related to subleases or closures of leased real estate were included in acquisition-related expenses in the Consolidated Statements of Income for the years ended December 31, 2023 and December 31, 2022, respectively. (2) Includes short-term lease cost. Operating lease cost is recognized as a single lease cost on a straight-line basis over the lease term. For finance leases, the 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 Year Ended December 31, 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 77 $ 63 $ 54 Financing cash flows from finance leases 2 2 2 ROU assets obtained in exchange for new operating lease liabilities 28 69 19 ROU assets obtained in exchange for new finance lease liabilities 8 4 5 The following table presents lease liability maturities at December 31, 2024: Maturity of Lease Liabilities dollars in millions Operating Leases Finance Leases Total 2025 68 3 71 2026 67 3 70 2027 56 2 58 2028 42 1 43 2029 37 1 38 Thereafter 124 10 134 Total undiscounted lease payments 394 20 414 Difference between undiscounted cash flows and discounted cash flows 37 5 42 Lease liabilities, at present value 357 15 372 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. Our Rail operating leases typically do not include purchase options. Many of our finance leases, and other equipment operating leases, offer the lessee the option to purchase the equipment at fair market value or for a nominal fixed purchase option. Many of the leases that do not have a nominal purchase option include renewal provisions resulting in some leases continuing beyond the initial contractual term. Our leases typically do not include early termination options. Continued rent payments are due if leased equipment is not returned at the end of the lease. The following table provides the net book value of operating lease equipment (net of accumulated depreciation of $941 million at December 31, 2024, which includes $4 million of impairment on operating lease equipment, and $658 million at December 31, 2023) by equipment type. Operating Lease Equipment dollars in millions December 31, 2024 December 31, 2023 Railcars and locomotives (1) $ 8,573 $ 7,966 Other equipment 750 780 Total (1) $ 9,323 $ 8,746 (1) Includes off-lease rail equipment of $219 million at December 31, 2024 and $253 million at December 31, 2023. The following table presents the components of the finance lease net investment on a discounted basis: Components of Net Investment in Finance Leases dollars in millions December 31, 2024 December 31, 2023 Lease receivables $ 1,764 $ 1,780 Unguaranteed residual assets 235 262 Total net investment in finance leases 1,999 2,042 Leveraged lease net investment (1) 15 13 Total $ 2,014 $ 2,055 (1) Leveraged leases are reported net of non-recourse debt of $2 million at December 31, 2024 and $5 million at December 31, 2023. Our leveraged lease arrangements commenced before the ASC 842, Leases, effective date of January 1, 2019, and continue to be reported under the leveraged lease accounting model. ASC 842 eliminated leveraged lease accounting for new leases and for existing leases modified on or after the standard’s effective date. The table that follows presents lease income related to BancShares’ operating and finance leases: Lease Income dollars in millions Year Ended December 31, 2024 2023 2022 Lease income – operating leases $ 966 $ 895 $ 796 Variable lease income – operating leases (1) 82 76 68 Rental income on operating leases 1,048 971 864 Interest income – sales type and direct financing leases 175 171 169 Variable lease income included in other noninterest income (2) 61 59 51 Interest income – leveraged leases 4 12 20 Total lease income $ 1,288 $ 1,213 $ 1,104 (1) Primarily includes per diem railcar operating lease rental income earned on a time or mileage usage basis. (2) Includes revenue related to insurance coverage on leased equipment and leased equipment property tax reimbursements due from customers. The following tables present lease payments due on non-cancellable operating leases and lease receivables due on finance leases at December 31, 2024. Excluded from these tables are variable lease payments, including rentals calculated based on asset usage levels, rentals from future renewal and re-leasing activity, and expected sales proceeds from remarketing equipment at lease expiration, all of which are components of lease profitability. Maturity Analysis of Operating Lease Payments dollars in millions 2025 $ 864 2026 713 2027 543 2028 361 2029 216 Thereafter 348 Total $ 3,045 Maturity Analysis of Lease Receivable Payments - Sales Type and Direct Financing Leases dollars in millions 2025 $ 741 2026 541 2027 360 2028 205 2029 94 Thereafter 48 Total undiscounted lease receivables $ 1,989 Difference between undiscounted cash flows and discounted cash flows 225 Lease receivables, at present value $ 1,764
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 December 31, 2024 December 31, 2023 Lease assets: Operating lease ROU assets Other assets $ 316 $ 354 Finance leases Premises and equipment 15 9 Total lease assets $ 331 $ 363 Lease liabilities: Operating leases Other liabilities $ 357 $ 396 Finance leases Other borrowings 15 9 Total lease liabilities $ 372 $ 405 Weighted-average remaining lease terms: Operating leases 7.4 years 8.1 years Finance leases 11.7 years 15.4 years Weighted-average discount rate: Operating leases 2.94 % 2.70 % Finance leases 3.96 3.52 As of December 31, 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 Year Ended December 31, Classification 2024 2023 2022 Operating lease cost (1) Occupancy expense $ 76 $ 64 $ 58 Finance lease ROU asset amortization Equipment expense 2 2 2 Variable lease cost (2) Occupancy expense 28 25 12 Sublease income Occupancy expense (6) (3) (2) Net lease cost (1), (2) $ 100 $ 88 $ 70 (1) In addition, approximately $34 million and $6 million related to subleases or closures of leased real estate were included in acquisition-related expenses in the Consolidated Statements of Income for the years ended December 31, 2023 and December 31, 2022, respectively. (2) Includes short-term lease cost. Operating lease cost is recognized as a single lease cost on a straight-line basis over the lease term. For finance leases, the 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 Year Ended December 31, 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 77 $ 63 $ 54 Financing cash flows from finance leases 2 2 2 ROU assets obtained in exchange for new operating lease liabilities 28 69 19 ROU assets obtained in exchange for new finance lease liabilities 8 4 5 The following table presents lease liability maturities at December 31, 2024: Maturity of Lease Liabilities dollars in millions Operating Leases Finance Leases Total 2025 68 3 71 2026 67 3 70 2027 56 2 58 2028 42 1 43 2029 37 1 38 Thereafter 124 10 134 Total undiscounted lease payments 394 20 414 Difference between undiscounted cash flows and discounted cash flows 37 5 42 Lease liabilities, at present value 357 15 372 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. Our Rail operating leases typically do not include purchase options. Many of our finance leases, and other equipment operating leases, offer the lessee the option to purchase the equipment at fair market value or for a nominal fixed purchase option. Many of the leases that do not have a nominal purchase option include renewal provisions resulting in some leases continuing beyond the initial contractual term. Our leases typically do not include early termination options. Continued rent payments are due if leased equipment is not returned at the end of the lease. The following table provides the net book value of operating lease equipment (net of accumulated depreciation of $941 million at December 31, 2024, which includes $4 million of impairment on operating lease equipment, and $658 million at December 31, 2023) by equipment type. Operating Lease Equipment dollars in millions December 31, 2024 December 31, 2023 Railcars and locomotives (1) $ 8,573 $ 7,966 Other equipment 750 780 Total (1) $ 9,323 $ 8,746 (1) Includes off-lease rail equipment of $219 million at December 31, 2024 and $253 million at December 31, 2023. The following table presents the components of the finance lease net investment on a discounted basis: Components of Net Investment in Finance Leases dollars in millions December 31, 2024 December 31, 2023 Lease receivables $ 1,764 $ 1,780 Unguaranteed residual assets 235 262 Total net investment in finance leases 1,999 2,042 Leveraged lease net investment (1) 15 13 Total $ 2,014 $ 2,055 (1) Leveraged leases are reported net of non-recourse debt of $2 million at December 31, 2024 and $5 million at December 31, 2023. Our leveraged lease arrangements commenced before the ASC 842, Leases, effective date of January 1, 2019, and continue to be reported under the leveraged lease accounting model. ASC 842 eliminated leveraged lease accounting for new leases and for existing leases modified on or after the standard’s effective date. The table that follows presents lease income related to BancShares’ operating and finance leases: Lease Income dollars in millions Year Ended December 31, 2024 2023 2022 Lease income – operating leases $ 966 $ 895 $ 796 Variable lease income – operating leases (1) 82 76 68 Rental income on operating leases 1,048 971 864 Interest income – sales type and direct financing leases 175 171 169 Variable lease income included in other noninterest income (2) 61 59 51 Interest income – leveraged leases 4 12 20 Total lease income $ 1,288 $ 1,213 $ 1,104 (1) Primarily includes per diem railcar operating lease rental income earned on a time or mileage usage basis. (2) Includes revenue related to insurance coverage on leased equipment and leased equipment property tax reimbursements due from customers. The following tables present lease payments due on non-cancellable operating leases and lease receivables due on finance leases at December 31, 2024. Excluded from these tables are variable lease payments, including rentals calculated based on asset usage levels, rentals from future renewal and re-leasing activity, and expected sales proceeds from remarketing equipment at lease expiration, all of which are components of lease profitability. Maturity Analysis of Operating Lease Payments dollars in millions 2025 $ 864 2026 713 2027 543 2028 361 2029 216 Thereafter 348 Total $ 3,045 Maturity Analysis of Lease Receivable Payments - Sales Type and Direct Financing Leases dollars in millions 2025 $ 741 2026 541 2027 360 2028 205 2029 94 Thereafter 48 Total undiscounted lease receivables $ 1,989 Difference between undiscounted cash flows and discounted cash flows 225 Lease receivables, at present value $ 1,764

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
PREMISES AND EQUIPMENT	NOTE 7 — PREMISES AND EQUIPMENT Major classifications of premises and equipment at December 31, 2024 and 2023 are summarized as follows: dollars in millions Useful Life (years) December 31, 2024 December 31, 2023 Land indefinite $ 407 $ 403 Premises and leasehold improvements 3 - 30 1,598 1,609 Furniture, equipment and software 2 - 15 1,629 1,260 Total 3,634 3,272 Less accumulated depreciation and amortization 1,628 1,395 Premises and equipment, net $ 2,006 $ 1,877 Depreciation and amortization expense is included in equipment expense and net occupancy expense in the Consolidated Statements of Income and was $276 million, $225 million, and $142 million for the years ended December 31, 2024, 2023 and 2022, respectively. For the year ended December 31, 2024, there were $22 million of impairment charges primarily on software and related projects, of which $9 million was included in acquisition-related expenses, with the remaining included in other noninterest expense. For the year ended December 31, 2023, there were $35 million of impairment charges primarily on software, of which $32 million was included in acquisition-related expenses, with the remaining amount included in other non-interest expense.

GOODWILL AND CORE DEPOSIT INTAN

GOODWILL AND CORE DEPOSIT INTANGIBLES	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND CORE DEPOSIT INTANGIBLES	NOTE 8 — GOODWILL AND CORE DEPOSIT INTANGIBLES Goodwill BancShares had goodwill of $346 million at December 31, 2024 and 2023. There was no goodwill impairment during the years ended December 31, 2024, 2023, or 2022. Goodwill relates to the General Bank reporting unit. Refer to Note 1—Significant Accounting Policies and Basis of Presentation for accounting policies and impairment testing related to goodwill and intangible assets. 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: Core Deposit Intangibles Year Ended December 31, dollars in millions 2024 2023 Balance at beginning of period, net of accumulated amortization $ 312 $ 140 Core deposit intangibles related to the SVBB Acquisition — 230 Less: amortization for the period 63 58 Balance at end of period, net of accumulated amortization $ 249 $ 312 The following table summarizes the accumulated amortization balance for core deposit intangibles: Core Deposit Intangible Accumulated Amortization dollars in millions December 31, 2024 December 31, 2023 Gross balance $ 501 $ 501 Less: accumulated amortization 252 189 Balance, net of accumulated amortization $ 249 $ 312 The following table summarizes the expected amortization expense as of December 31, 2024 in subsequent periods for core deposit intangibles: Core Deposit Intangible Expected Amortization dollars in millions 2025 $ 54 2026 46 2027 39 2028 34 2029 30 Thereafter 46 Balance, net of accumulated amortization $ 249 Intangible Liability An intangible liability was recorded in other liabilities for net below market lessor lease contract rental rates related to the rail portfolio. This lease intangible is being amortized on a straight-line basis over the lease term, thereby increasing rental income (a component of noninterest income) over the remaining term of the lease agreements. The following tables summarize the activity for the intangible liability: Intangible Liability Year Ended December 31, dollars in millions 2024 2023 Balance at January 1 $ 24 $ 36 Amortization (6) (12) Balance at December 31, net of accumulated amortization $ 18 $ 24 The following tables summarize the accumulated amortization balance for the intangible liability: Intangible Liability Accumulated Amortization dollars in millions December 31, 2024 December 31, 2023 Gross balance $ 52 $ 52 Accumulated amortization (34) (28) Balance, net of accumulated amortization $ 18 $ 24 The following table summarizes the expected amortization as of December 31, 2024 in subsequent annual periods for the intangible liability: Intangible Liability Amortization dollars in millions 2025 $ 4 2026 3 2027 3 2028 2 2029 2 Thereafter 4 $ 18

VARIABLE INTEREST ENTITIES

VARIABLE INTEREST ENTITIES	12 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 9 — VARIABLE INTEREST ENTITIES Unconsolidated VIEs 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 December 31, 2024 December 31, 2023 Affordable housing tax credit investments $ 2,357 $ 1,887 Other tax credit equity investments 2 3 Total tax credit equity investments $ 2,359 $ 1,890 Other unconsolidated investments 157 162 Total affordable housing tax credit and other unconsolidated investments (maximum loss exposure) (1) $ 2,516 $ 2,052 Liabilities for commitments to fund tax credit investments (2) $ 1,214 $ 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. We have investments in qualified affordable housing projects, primarily to support our CRA initiatives and obtain tax credits. These investments are accounted for using PAM and provide tax benefits 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 Year Ended December 31, 2024 2023 2022 Amortization of affordable housing tax credit investments (1) $ 237 $ 169 $ 60 Tax credits from affordable housing tax credit investments (231) (157) (60) Other tax benefits from affordable housing tax credit investments (56) (29) (17) Net income tax benefit from affordable housing tax credit investments (2) $ (50) $ (17) $ (17) (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) Net income tax benefit impact is included in net income in cash flows from operating activities on the Consolidated Statements of Cash Flows. Changes in income taxes payable are reported in the net change in other liabilities as an adjustment to reconcile net income to net cash provided by operating activities. Refer to Note 1—Significant Accounting Policies and Basis of Presentation for additional information on accounting for VIEs, including PAM.

OTHER ASSETS

OTHER ASSETS	12 Months Ended
	Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER ASSETS	NOTE 10 — OTHER ASSETS The following table includes the components of other assets: Other Assets dollars in millions December 31, 2024 December 31, 2023 Affordable housing tax credit and other unconsolidated investments (1) $ 2,516 $ 2,052 Accrued interest receivable 902 832 Fair value of derivative financial instruments 660 640 Pension and other retirement plan assets 658 568 Right of use assets for operating leases, net 316 354 Income tax receivable 505 209 Counterparty receivables 69 114 Bank-owned life insurance 106 105 Nonmarketable equity securities 127 103 Other real estate owned 56 58 Mortgage servicing rights 27 25 Federal Home Loan Bank stock 20 20 Other 778 777 Total other assets $ 6,740 $ 5,857 (1) Refer to Note 9—Variable Interest Entities for additional information.

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2024
Statistical Disclosure for Banks [Abstract]
DEPOSITS	NOTE 11 — DEPOSITS The following table provides detail on deposit types: Deposit Types dollars in millions December 31, 2024 December 31, 2023 Noninterest-bearing demand $ 38,633 $ 39,799 Checking with interest 25,343 23,754 Money market 35,722 30,625 Savings 42,278 35,244 Time 13,253 16,432 Total deposits $ 155,229 $ 145,854 At December 31, 2024, the scheduled maturities of time deposits were: Deposit Maturities dollars in millions Twelve months ended December 31, 2025 $ 12,724 2026 445 2027 39 2028 23 2029 22 Thereafter — Total time deposits $ 13,253

BORROWINGS

BORROWINGS	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
BORROWINGS	NOTE 12 — BORROWINGS Short-term Borrowings Securities Sold under Agreements to Repurchase BancShares held $367 million and $485 million at December 31, 2024 and 2023, respectively, of securities sold under agreements to repurchase that have overnight contractual maturities and are collateralized by government agency securities. The weighted average interest rate for securities sold under agreements to repurchase was 0.59% and 0.43% at December 31, 2024 and 2023, respectively. 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 $435 million and $502 million at December 31, 2024 and 2023, respectively. Long-term Borrowings The following table presents long-term borrowings, net of the respective unamortized purchase accounting adjustments and issuance costs, at December 31, 2024 and 2023: Long-term Borrowings dollars in millions Maturity December 31, 2024 December 31, 2023 Parent Company: Subordinated: Fixed-to-Floating subordinated notes at 3.375% March 2030 $ 350 $ 349 Junior subordinated debentures (FCB/SC Capital Trust II) (1) June 2034 — 18 Subsidiaries: Senior: Senior unsecured fixed-to-floating rate notes at 2.969% (2) September 2025 — 318 Fixed senior unsecured notes at 6.00% April 2036 58 59 Subordinated: Fixed subordinated notes at 6.125% March 2028 445 460 Fixed-to-Fixed subordinated notes at 4.125% (3) November 2029 — 101 Junior subordinated debentures (SCB Capital Trust I) (1) April 2034 — 10 Secured: Purchase Money Note to FDIC fixed at 3.50% (4) March 2028 35,816 35,846 Capital lease obligations Maturities through May 2057 15 8 Total long-term borrowings $ 36,684 $ 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 year ended December 31, 2024. (2) Included a callable feature one year prior to maturity and the debt was redeemed in September 2024. (3) Included an optional redemption feature five years prior to maturity which was exercised in November 2024. (4) Issued in connection with the SVBB Acquisition and secured by collateral. Refer to Note 2—Business Combinations and Note 4—Loans and Leases. Contractual maturities of long-term borrowings (borrowings with original maturities of more than one year) at December 31, 2024 are included in the following table. Long-term Borrowings Maturities dollars in millions Year Ended December 31, (1) 2025 $ (36) 2026 (39) 2027 (39) 2028 36,380 2029 1 Thereafter 417 Total long-term borrowings $ 36,684 (1) Amounts in this table include amortization and accretion of purchase accounting adjustments based on the scheduled periods of recognition. Pledged Assets

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	NOTE 13 — 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. 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 December 31, 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) 3,500 1 — — — — Total derivatives designated as hedging instruments $ 4,584 $ 1 $ — $ 815 $ — $ — Derivatives not designated as hedging instruments (Non-qualifying hedges) Interest rate contracts (1) (4) $ 26,235 $ 491 $ (516) $ 24,548 $ 530 $ (518) Foreign exchange contracts (2) 7,843 152 (108) 9,142 104 (117) Other contracts (3) 1,316 16 (1) 983 6 (1) Total derivatives not designated as hedging instruments $ 35,394 $ 659 $ (625) $ 34,673 $ 640 $ (636) Gross derivatives fair values presented in the Consolidated Balance Sheets $ 660 $ (625) $ 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 660 (625) 640 (636) Less: amounts subject to master netting agreements (5) (48) 48 (97) 97 Less: cash collateral pledged (received) subject to master netting agreements (6) (539) 2 (405) 39 Total net derivative fair value $ 73 $ (575) $ 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 $177 million and $0 million, respectively, as of December 31, 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, the derivative asset and liability fair values in the table above are presented net of the variation margin payments. Therefore, the gross derivative assets and liabilities were “netted down” by $83 million and $22 million, respectively, at December 31, 2024, which includes $14 million and $0 million relating to qualifying hedges, respectively. Gross derivative assets and liabilities were “netted down” 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 Year Ended December 31, Interest Expense 2024 2023 2022 Gain on hedging instruments - time deposits Deposits $ — $ — $ — (Loss) gain on hedging instruments - borrowings Borrowings (4) 4 — Loss on hedged item - time deposits Deposits (1) — — Gain (loss) on hedged item - borrowings Borrowings 3 (5) — Net loss on fair value hedges Total interest expense $ (2) $ (1) $ — The following table presents the carrying value of hedged items and associated cumulative hedging adjustment related to fair value hedges: Carrying Value of Hedged Items 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 December 31, 2024 Long-term borrowings $ 795 $ 2 $ — Deposits 335 1 — 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: Unrealized Gain on Cash Flow Hedges dollars in millions Year Ended December 31, 2024 2023 2022 Other comprehensive income on cash flow hedge derivatives before reclassifications $ 11 $ — $ — Amounts reclassified from AOCI to earnings — — — Other comprehensive income on cash flow hedge derivatives $ 11 $ — $ — The following table presents other information for cash flow hedges: Other Information for Cash Flow Hedges dollars in millions December 31, 2024 December 31, 2023 Unrealized gain on cash flow hedge derivatives reported in AOCI, net of income taxes $ 8 $ — Estimate to be reclassified from AOCI to earnings during the next 12 months, net of income taxes (1) $ 7 $ — Maximum number of months over which forecasted cash flows are hedged 24 — (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 Year Ended December 31, Amounts Recognized 2024 2023 2022 Interest rate contracts Other noninterest income $ 22 $ 32 $ 12 Foreign currency forward contracts Other noninterest income 59 (8) 20 Other contracts Other noninterest income 2 1 1 Total non-qualifying hedges - income statement impact $ 83 $ 25 $ 33

OTHER LIABILITIES

OTHER LIABILITIES	12 Months Ended
	Dec. 31, 2024
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES	NOTE 14 — OTHER LIABILITIES The following table includes the components of other liabilities: Other Liabilities dollars in millions December 31, 2024 December 31, 2023 Deferred taxes (1) $ 3,534 $ 3,579 Commitments to fund tax credit investments 1,214 947 Accrued personnel cost 1,024 924 Fair value of derivative financial instruments 625 636 Lease liabilities 357 396 Reserve for off-balance sheet credit exposure 278 316 Accrued interest payable 134 137 Accounts payable and other 1,030 971 Total other liabilities $ 8,196 $ 7,906 (1) Primarily includes deferred taxes associated with the SVBB Acquisition as further discussed in Note 2—Business Combinations. Also includes UTB accruals as further discussed in Note 20—Income Taxes.

FAIR VALUE

FAIR VALUE	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE	NOTE 15 — 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 December 31, 2024 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 13,903 $ — $ 13,903 $ — Government agency 77 — 77 — Residential mortgage-backed securities 15,620 — 15,620 — Commercial mortgage-backed securities 3,666 — 3,666 — Corporate bonds 467 — 299 168 Municipal bonds 17 — 17 — Total investment securities available for sale $ 33,750 $ — $ 33,582 $ 168 Marketable equity securities 101 48 53 — Loans held for sale 55 — 55 — Derivative assets (1) Total qualifying hedge assets $ 1 $ — $ 1 $ — Interest rate contracts — non-qualifying hedges $ 491 $ — $ 490 $ 1 Foreign exchange contracts — non-qualifying hedges 152 — 152 — Other derivative contracts — non-qualifying hedges 16 — — 16 Total non-qualifying hedge assets $ 659 $ — $ 642 $ 17 Total derivative assets $ 660 $ — $ 643 $ 17 Liabilities Derivative liabilities (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 516 $ — $ 516 $ — Foreign exchange contracts — non-qualifying hedges 108 — 108 — Other derivative contracts — non-qualifying hedges 1 — — 1 Total non-qualifying hedge liabilities $ 625 $ — $ 624 $ 1 Total derivative liabilities $ 625 $ — $ 624 $ 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 trade volume. 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 13—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 December 31, 2024 December 31, 2023 Assets Corporate bonds $ 168 $ 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 $ 17 $ 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 Year Ended December 31, 2024 Year Ended December 31, 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 — 9 — — 6 — Changes in fair value included in earnings (1) 2 — — 1 — Changes in fair value included in comprehensive income 12 — — (8) — — Transfers in — — — — — 1 Maturity and settlements — (1) — (9) — — Ending balance $ 168 $ 17 $ 1 $ 157 $ 7 $ 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: Aggregate Fair Value and UPB - Residential Mortgage Loans dollars in millions December 31, 2024 December 31, 2023 Fair Value Unpaid Principal Balance Difference Fair Value Unpaid Principal Balance Difference Originated loans held for sale $ 55 $ 54 $ 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 year ended December 31, 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 December 31, 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 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) December 31, 2024 Assets held for sale - loans $ 13 $ — $ — $ 13 $ (7) Loans - collateral dependent loans 388 — — 388 (171) Other real estate owned 16 — — 16 6 Total $ 417 $ — $ — $ 417 $ (172) 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. Gains and losses are recorded in noninterest income. Loans - collateral dependent loans. The population of Level 3 loans measured at fair value that are experiencing financial difficulty and are 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. Gains and losses generally reflect the required net provision and charge-offs specific to the loans included in the population for the respective periods and are recorded in the provision for credit losses. 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 December 31, 2024 and December 31, 2023, the weighted average discount applied was 9.45% 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. Refer to Note 1—Significant Accounting Policies and Basis of Presentation for further accounting 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 December 31, 2024 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 814 $ 814 $ — $ — $ 814 Interest-earning deposits at banks 21,364 21,364 — — 21,364 Securities purchased under agreements to resell 158 — 158 — 158 Investment in marketable equity securities 101 48 53 — 101 Investment securities available for sale 33,750 — 33,582 168 33,750 Investment securities held to maturity 10,239 — 8,702 — 8,702 Loans held for sale 82 — 55 27 82 Net loans 136,567 — 1,463 133,409 134,872 Accrued interest receivable 902 — 902 — 902 Federal Home Loan Bank stock 20 — 20 — 20 Mortgage servicing rights 27 — — 47 47 Derivative assets - qualifying hedges 1 — 1 — 1 Derivative assets - non-qualifying hedges 659 — 642 17 659 Financial Liabilities Deposits with no stated maturity 141,976 — 141,976 — 141,976 Time deposits 13,253 — 13,247 — 13,247 Credit balances of factoring clients 1,016 — — 1,016 1,016 Securities sold under customer repurchase agreements 367 — 367 — 367 Long-term borrowings 36,669 — 36,220 — 36,220 Accrued interest payable 134 — 134 — 134 Derivative liabilities - qualifying hedges — — — — — Derivative liabilities - non-qualifying hedges 625 — 624 1 625 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 December 31, 2024 and December 31, 2023 included $211 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 Agreements to Resell. The fair value of securities purchased under agreements 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. 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. 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 December 31, 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. Refer to Note 1—Significant Accounting Policies and Basis of Presentation for further descriptions of accounting policies related to certain of these assets and liabilities.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 16 — STOCKHOLDERS' EQUITY A roll forward of common stock activity is presented in the following table: Number of Shares of Common Stock December 31, 2024 December 31, 2023 Outstanding Outstanding Class A Class B Class A Class B Common stock - beginning of period 13,514,933 1,005,185 13,501,017 1,005,185 Shares purchased under authorized repurchase plan (814,641) — — — Restricted stock units vested, net of shares held to cover taxes 12,144 — 13,916 — Common stock - end of period 12,712,436 1,005,185 13,514,933 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. Restricted Stock Units Refer to Note 21—Employee Benefit Plans for discussion of the RSUs. Non-Cumulative Perpetual Preferred Stock BancShares has Series A, Series B, and Series C preferred stock. On March 12, 2020, BancShares issued and sold an aggregate of 13,800,000 depositary shares, each representing a 1/40th interest in a share of 5.375% non-cumulative perpetual preferred stock, series A preferred stock (equivalent to $1,000 per share of the Series A preferred stock) for a total of $345 million. CIT Series A and CIT Series B preferred stock automatically converted into the right to receive one share of BancShares’ Series B preferred stock and BancShares Series C preferred stock, respectively. 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 (1) 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% (1) Upon conversion to SOFR in 2023, BancShares began paying a credit spread adjustment in addition to the stated dividend. 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. The Parent Company may redeem the BancShares Preferred Stock at its option, and subject to any required regulatory approval, at a redemption price equal to the “Liquidation Preference Per Share” in the table above, plus any declared and unpaid dividends to, but excluding, the redemption date, (i) in whole or in part, from time to time, on any dividend payment date on or after the “Earliest Redemption Date” in the table above, or (ii) in whole but not in part, at any time within 90 days following a regulatory capital treatment event.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	NOTE 17 — ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The following table details the components of AOCI: Components of Accumulated Other Comprehensive (Loss) Income dollars in millions December 31, 2024 December 31, 2023 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Unrealized loss on securities available for sale $ (762) $ 178 $ (584) $ (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 182 (47) 135 122 (31) 91 Unrealized gain on cash flow hedge derivatives 11 (3) 8 — — — Total accumulated other comprehensive loss $ (575) $ 130 $ (445) $ (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 (7) — 44 8 45 Amounts reclassified from AOCI to earnings — 1 — — 1 Other comprehensive (loss) income for the period (7) 1 44 8 46 Balance as of December 31, 2024 $ (584) $ (4) $ 135 $ 8 $ (445) Balance as of December, 31, 2022 $ (739) $ (6) $ 10 $ — $ (735) AOCI activity before reclassifications 143 — 81 — 224 Amounts reclassified from AOCI to earnings 19 1 — — 20 Other comprehensive income for the period 162 1 81 — 244 Balance as of December 31, 2023 $ (577) $ (5) $ 91 $ — $ (491) 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 Year Ended December 31, 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 $ (10) $ 3 $ (7) $ 194 $ (51) $ 143 Amounts reclassified from AOCI to earnings — — — 26 (7) 19 Realized loss on sale of investment securities, net Other comprehensive (loss) income on securities available for sale $ (10) $ 3 $ (7) $ 220 $ (58) $ 162 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: Actuarial gain $ 60 $ (16) $ 44 $ 109 $ (28) $ 81 Unrealized gain on cash flow hedge derivatives: AOCI activity before reclassifications $ 11 $ (3) $ 8 $ — $ — $ — Amounts reclassified from AOCI to earnings — — — — — — Interest and fees on loans Other comprehensive income on cash flow hedge derivatives $ 11 $ (3) $ 8 $ — $ — $ — Total other comprehensive income $ 62 $ (16) $ 46 $ 330 $ (86) $ 244

REGULATORY CAPITAL

REGULATORY CAPITAL	12 Months Ended
	Dec. 31, 2024
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
REGULATORY CAPITAL	NOTE 18 — REGULATORY CAPITAL BancShares and FCB are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on BancShares’ Consolidated Financial Statements. Certain activities, such as the ability to undertake new business initiatives, including acquisitions, the access to and cost of funding for new business initiatives, the ability to pay dividends, the ability to repurchase shares or other capital instruments, the level of deposit insurance costs, and the level and nature of regulatory oversight, largely depend on a financial institution’s capital strength. Federal banking agencies approved regulatory capital guidelines (“Basel III”) aimed at strengthening previous capital requirements for banking organizations. The following table includes the Basel III requirements for regulatory capital ratios. Basel III Minimums Basel III Conservation Buffers Basel III Requirements Regulatory capital ratios Total risk-based capital 8.00 % 2.50 % 10.50 % Tier 1 risk-based capital 6.00 2.50 8.50 Common equity Tier 1 4.50 2.50 7.00 Tier 1 leverage 4.00 — 4.00 The FDIC also has Prompt Corrective Action (“PCA”) thresholds for regulatory capital ratios. The regulatory capital ratios for BancShares and FCB are calculated in accordance with the guidelines of the federal banking authorities. The regulatory capital ratios for BancShares and FCB exceed the Basel III requirements and the PCA well capitalized thresholds as of December 31, 2024 and 2023 as summarized in the following table. dollars in millions December 31, 2024 December 31, 2023 Basel III Requirements PCA Well Capitalized Thresholds Amount Ratio Amount Ratio BancShares Total risk-based capital 10.50 % 10.00 % $ 24,610 15.04 % $ 23,891 15.75 % Tier 1 risk-based capital 8.50 8.00 22,137 13.53 21,150 13.94 Common equity Tier 1 7.00 6.50 21,256 12.99 20,270 13.36 Tier 1 leverage 4.00 5.00 22,137 9.90 21,150 9.83 FCB Total risk-based capital 10.50 % 10.00 % $ 23,975 14.66 % $ 23,600 15.56 % Tier 1 risk-based capital 8.50 8.00 21,852 13.37 21,227 13.99 Common equity Tier 1 7.00 6.50 21,852 13.37 21,227 13.99 Tier 1 leverage 4.00 5.00 21,852 9.78 21,227 9.88 As of December 31, 2024, BancShares and FCB had risk-based capital ratio conservation buffers of 7.04% and 6.66%, respectively, which are in excess of the Basel III conservation buffer of 2.50%. As of December 31, 2023, BancShares and FCB had risk-based capital ratio conservation buffers of 7.75% and 7.56%, respectively. The capital ratio conservation buffers represent the excess of the regulatory capital ratio as of December 31, 2024 and 2023 over the Basel III minimum for the ratio that is the binding constraint. Additional Tier 1 capital for BancShares includes preferred stock discussed further in Note 16—Stockholders' Equity. Additional Tier 2 capital for BancShares and FCB primarily consists of qualifying ALLL and qualifying subordinated debt. Dividend Restrictions Dividends paid from FCB to the Parent Company are the primary source of funds available to the Parent Company for payment of dividends to its stockholders. The Board of Directors of FCB may approve distributions, including dividends, as it deems appropriate, subject to the requirements of the FDIC and the General Statutes of North Carolina, provided that the distributions do not reduce the regulatory capital ratios below the applicable requirements. FCB could have paid additional dividends to the Parent Company in the amount of $7.63 billion while continuing to meet the requirements for well capitalized banks at December 31, 2024. Dividends declared by FCB and paid to the Parent Company amounted to $2.22 billion for the year ended December 31, 2024.

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
EARNINGS PER COMMON SHARE	NOTE 19 — 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 Year Ended December 31, 2024 2023 2022 Net income $ 2,777 $ 11,466 $ 1,098 Preferred stock dividends 61 59 50 Net income available to common stockholders $ 2,716 $ 11,407 $ 1,048 Weighted average common shares outstanding Basic shares outstanding 14,341,872 14,527,902 15,531,924 Stock-based awards 783 11,711 18,020 Diluted shares outstanding 14,342,655 14,539,613 15,549,944 Earnings per common share Basic $ 189.42 $ 785.14 $ 67.47 Diluted $ 189.41 $ 784.51 $ 67.40 RSUs are discussed in Note 21—Employee Benefit Plans.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 20 — INCOME TAXES The provision (benefit) for income taxes for the year ended December 31, 2024, 2023 and 2022 is comprised of the following: Provision (Benefit) for Income Taxes dollars in millions Year Ended December 31 2024 2023 2022 Current U.S. federal income tax provision $ 649 $ 400 $ 58 Deferred U.S. federal income tax provision / (benefit) 68 46 170 Total federal income tax provision 717 446 228 Current state and local income tax provision 157 372 4 Deferred state and local income tax (benefit) / provision (71) (222) 23 Total state and local income tax provision 86 150 27 Total non-U.S. income tax provision 12 15 9 Total provision for income taxes $ 815 $ 611 $ 264 A reconciliation from the U.S. Federal statutory rate to BancShares’ actual effective income tax rate for the year ended December 31, 2024, 2023 and 2022 is presented below. Income tax expense (benefit) includes, if applicable, federal, state and foreign taxes. Percentage of Pretax Income dollars in millions Effective Income Tax Rate 2024 2023 2022 Pretax Income Income Tax Expense (Benefit) Percentage of Pretax Income Pretax Income Income Tax Expense (Benefit) Percentage of Pretax Income Pretax Income Income Tax Expense (Benefit) Percentage of Pretax Income Federal income taxes and rate $ 3,592 $ 754 21.0 % $ 12,077 $ 2,536 21.0 % 1,362 $ 286 21.0 % Increase (decrease) due to: State and local income taxes, net of federal income tax benefit 118 3.3 % 804 6.7 % 53 3.9 % Gain on acquisition — — % (2,703) (22.4) % (105) (7.7) % Tax credits (44) (1.2) % (26) (0.2) % (20) (1.5) % Effect of BOLI surrender — — % — — % 48 3.5 % Adjustment to unrecognized tax benefits 44 1.2 % 2 — % — — % Deferred tax liability adjustment (78) (2.2) % 11 0.1 % (8) (0.6) % Difference in tax rates applicable to non-U.S. earnings 1 — % 1 — % 1 0.1 % Valuation allowances (11) (0.3) % (40) (0.3) % (5) (0.4) % Other 31 0.9 % 26 0.2 % 14 1.1 % Provision for income taxes and effective income tax rate $ 815 22.7 % $ 611 5.1 % $ 264 19.4 % BancShares permanently reinvested eligible earnings of certain foreign subsidiaries and, accordingly, does not accrue any U.S. or foreign taxes that would be due if those earnings were repatriated. As of December 31, 2024, this assertion resulted in an unrecognized net deferred tax liability of approximately $20 million on reinvested earnings of $698 million. The tax effects of temporary differences that give rise to deferred income tax assets and liabilities at December 31, 2024 and 2023 are presented below: Components of Deferred Income Tax Assets and Liabilities dollars in millions 2024 2023 Deferred Tax Assets: Allowance for loan and lease losses $ 500 $ 542 Net unrealized loss on investment securities available for sale 226 235 Deferred compensation 128 152 Capitalized costs 110 75 Lease liabilities 84 115 Tax credits 79 21 Net operating loss carry forwards 76 118 Accrued liabilities and reserves 53 104 Other 59 63 Total gross deferred tax assets 1,315 1,425 Deferred Tax Liabilities: Basis difference in loans (2,243) (2,598) Operating leases (1,847) (1,729) Loans and direct financing leases (329) (260) Pension assets (129) (110) Right of use assets for operating leases (73) (110) Other (149) (169) Total deferred tax liabilities (4,770) (4,976) Total net deferred tax liability before valuation allowances (3,455) (3,551) Less: valuation allowances (17) (28) Net deferred tax liability after valuation allowances $ (3,472) $ (3,579) Net Operating Loss Carryforwards and Valuation Adjustments The SVBB Acquisition was an asset acquisition for tax purposes and is therefore considered a taxable transaction. The basis difference in loans in the table above reflects the largest component of the DTL related to the SVBB Acquisition. Deferred taxes were not recorded for the affordable housing tax credit investments in accordance with PAM. Refer to Note 2—Business Combinations for additional information on the DTL acquired in the SVBB Acquisition. As of December 31, 2024, BancShares has DTAs totaling $76 million on its global net operating losses (“NOLs”). This includes: (1) DTAs of $60 million (net of federal expense) relating to cumulative state NOLs of $1.28 billion, including amounts of reporting entities that file in multiple jurisdictions, (2) DTAs of $11 million relating to cumulative non-U.S. NOLs of $48 million, and (3) DTAs of $5 million relating to cumulative federal NOLs of $25 million. The U.S. federal NOLs were substantially utilized in 2023 and the remaining federal NOLs are limited under Internal Revenue Code Sec. 382 and begin to expire in 2030. State NOLs began to expire in 2024 and non-US NOLs will begin to expire in 2041. As of December 31, 2024, BancShares has DTAs of $79 million from its global tax credits. This includes: (1) DTAs of $62 million from federal tax credits, which BancShares has committed to purchase in 2025, (2) DTAs of $12 million (net of federal expense) from state tax credits, and (3) DTAs of $5 million from non-U.S. tax credits. The federal tax credits begin to expire in 2045, the state tax credits have an indefinite carryforward, and the non-U.S. credits begin to expire in 2035. During 2024, management updated BancShares’ forecast of future U.S. state taxable income. The updated forecast continues to support a valuation allowance of $17 million (net of federal benefit) on U.S. state DTAs relating to certain state NOLs as of December 31, 2024. BancShares’ ability to recognize DTAs is evaluated on a quarterly basis to determine if there are any significant events that would affect our ability to utilize existing DTAs. If events are identified that affect our ability to utilize our DTAs, changes to the valuation allowance may be required. Liabilities for Unrecognized Tax Benefits A reconciliation of the beginning and ending amount of UTBs is as follows: Unrecognized Tax Benefits December 31, 2024 December 31, 2023 December 31, 2022 dollars in millions Liabilities for Unrecognized Tax Benefits Interest / Penalties Total Total Total Balance at beginning of period $ 28 $ 3 $ 31 $ 30 $ 31 Effect of CIT Merger — — — — 6 Additions for tax positions related to current year 8 — 8 — — Additions for tax positions related to prior years 42 6 48 5 1 Reductions for tax positions of prior years — — — — (2) Expiration of statutes of limitations (1) — (1) (2) (1) Settlements — — — (2) (5) Balance at end of period $ 77 $ 9 $ 86 $ 31 $ 30 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 recognized. During the year ended December 31, 2024, BancShares recorded a net increase in UTBs, including interest and penalties. The net increase primarily related to additions for tax positions related to prior and current years and was partially offset by the expiration of statutes of limitations. As of December 31, 2024, the accrued liability for interest and penalties is $9 million. BancShares recognizes accrued interest and penalties on UTBs in income tax expense. BancShares has UTBs relating to uncertain state tax positions in various state jurisdictions resulting from tax filings submitted to the states. No tax benefit has been recorded for these uncertain tax positions in the consolidated financial statements. It is reasonably possible that these uncertain tax positions may be settled or resolved in the next twelve months. No reasonable estimate of the settlement or resolution can be made. The entire $86 million of UTBs including interest and penalties at December 31, 2024, would lower BancShares’ effective income tax rate, if realized. Management believes that it is reasonably possible the total potential liability before interest and penalties may be increased or decreased by $10 million within the next twelve months of the reporting date because of anticipated settlement with taxing authorities, resolution of open tax matters, and the expiration of various statutes of limitations. Income Tax Audits BancShares is subject to examinations by the U.S. Internal Revenue Service and other taxing authorities in jurisdictions where BancShares has significant business operations for the years ranging from 2015 through 2024. The tax years under examination vary by jurisdiction. BancShares does not expect completion of those audits to have a material impact on the firm’s financial condition, but it may be material to operating results for a particular period, depending, in part, on the operating results for that period. The table below presents the earliest tax years that remain subject to examination by major jurisdiction. Jurisdiction December 31, 2024 U.S. Federal 2021 New York State and City 2015 North Carolina 2016 California 2017 Canada 2017

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	NOTE 21 — EMPLOYEE BENEFIT PLANS The benefit plans include noncontributory defined benefit pension plans and 401(k) savings plans, which are qualified under the Internal Revenue Code. BancShares also maintains agreements with certain executives providing supplemental benefits paid upon death or separation from service at an agreed-upon age. BancShares sponsors benefit plans for its qualifying employees and eligible former employees of First Citizens Bancorporation, Inc. (“Bancorporation”) and its former subsidiary, First Citizens Bank and Trust Company, Inc. (“First-Citizens South”). Bancorporation merged with BancShares, Inc. on October 1, 2014 and First-Citizens South merged with FCB on January 1, 2015. Certain benefit plans of CIT were assumed by BancShares upon closing of the CIT Merger. CIT sponsored both funded and unfunded noncontributory defined benefit pension and postretirement plans, executive retirement plans, and a 401(k) savings plan covering certain employees as further discussed below. There were no benefit plans assumed in connection with the SVBB Acquisition. Retirement and Post-Retirement Plans Pension Plans BancShares sponsors three qualified noncontributory defined benefit pension plans (the “Pension Plans”), including the First-Citizens Bank & Trust Company and Adopting Related Employers Pension Plan (the “FCB Pension Plan”), the First Citizens Bank and Trust Company, Inc. Pension Plan (the “First-Citizens South Pension Plan”), and a plan assumed upon completion of the CIT Merger (the “CIT Pension Plan”). BancShares employees who were hired prior to April 1, 2007 and qualified under length of service and other requirements are covered by the FCB Pension Plan, which was closed to new participants as of April 1, 2007. There were no discretionary contributions made to the FCB Pension Plan during 2024 or 2023. Certain legacy First-Citizens South employees that qualified under length of service and other requirements are covered by the First-Citizens South Pension Plan, which was closed to new participants as of September 1, 2007. There were no discretionary contributions made to the First-Citizens South Pension Plan during 2024 or 2023. Participants in the FCB Pension Plan and First-Citizens South Pension Plan were fully vested after five years of service. Retirement benefits are based on years of service and highest annual compensation for five BancShares makes contributions to the Pension Plans in amounts between the minimum required for funding and the maximum amount deductible for federal income tax purposes. Management evaluates the need for its contributions to these plans on a periodic basis based upon numerous factors including, but not limited to, funded status, returns on plan assets, discount rates and the current economic environment. Supplemental and Executive Retirement Plans Upon completion of the CIT Merger, BancShares assumed a frozen U.S. non-contributory supplemental retirement plan (the “Supplemental Retirement Plan”) and an additional retirement plan for certain executives (the “Executive Retirement Plan”), which had been closed to new participants since 2006 and whose participants were all inactive. There were no discretionary contributions made to the Executive Retirement Plan or the Supplemental Retirement Plan in 2024 or 2023. Accumulated balances under the Executive Retirement Plan and the Supplemental Retirement Plan continue to receive periodic interest, subject to certain government limits. The interest credit was 4.3% and 3.9%, respectively, for the years ended December 31, 2024 and 2023. Postretirement Benefit Plans Upon completion of the CIT Merger, BancShares assumed four postretirement benefit plans (“the Postretirement Plans”) that provided healthcare and life insurance benefits to eligible retired employees. For most eligible retirees, healthcare was contributory and life insurance was non-contributory. The Postretirement Plans were funded on a “pay-as-you-go” basis. Certain Postretirement Plans were terminated during the first quarter of 2022 and BancShares recognized a reduction in other noninterest expense of approximately $27 million during 2022 related to obligations previously accrued. Funding for Retirement and Postretirement Plans The funding policy for the Pension Plans is to contribute an amount each year to meet all Employee Retirement Income Security Act (“ERISA”) minimum requirements, including amounts to meet quarterly funding requirements, avoid “at-risk” status and avoid any benefit restrictions. BancShares may also contribute additional voluntary amounts each year (up to the maximum tax-deductible amount) in order to achieve certain target funding levels in the plans, with consideration also given to current and future cash flow and tax positions. No contributions are currently expected for the year ending December 31, 2025. The tables and disclosures below address the following: (i) the Pension Plans, the Supplemental Retirement Plan, and the Executive Retirement Plan (the “Retirement Plans”) and (ii) the Postretirement Plans (collectively with the Retirement Plans, the “Plans”). The Supplemental and Executive Retirement Plans are unfunded. Therefore, the tables and disclosures below regarding plan assets apply to the Pension Plans, which are funded. Obligations and Funded Status The following table provides the changes in benefit obligations, assets and the funded status of the Plans at December 31, 2024 and 2023. Obligations and Funded Status dollars in millions Retirement Plans 2024 2023 Change in benefit obligation Projected benefit obligation at January 1 $ 1,169 $ 1,115 Service cost 10 9 Interest cost 59 61 Actuarial (gain) loss (30) 50 Benefits paid (68) (66) Projected benefit obligation at December 31 1,140 1,169 Change in plan assets Fair value of plan assets at January 1 1,589 1,404 Actual return on plan assets 121 245 Employer contributions 6 6 Benefits paid (68) (66) Fair value of plan assets at December 31 1,648 1,589 Funded status at December 31 $ 508 $ 420 Information for retirement plans with a benefit obligation in excess of plan assets Projected and accumulated benefit obligations $ 49 $ 54 Reported in Consolidated Balance Sheets Funded Pension Plans (other assets) 557 474 Unfunded Supplemental and Executive Retirement Plans (other liabilities) (49) (54) Net funded status of Retirement Plans $ 508 $ 420 The following table details the amounts recognized in accumulated other comprehensive income, before income taxes, at December 31, 2024 and 2023. Refer to Note 17—Accumulated Other Comprehensive (Loss) Income for additional information. dollars in millions Retirement Plans 2024 2023 Net actuarial gain $ 182 $ 122 The accumulated benefit obligation for the Plans at December 31, 2024 and 2023 was $1.09 billion and $1.12 billion, respectively. The Plans use a measurement date of December 31. The following table shows the components of periodic benefit cost related to the Plans and changes in assets and benefit obligations of the Plans recognized in other comprehensive income, before income taxes, for the years ended December 31, 2024, 2023 and 2022. Refer to Note 17—Accumulated Other Comprehensive (Loss) Income for additional information. Periodic benefit costs related to Postretirement Plans were less than $1 million for the years ended December 31, 2024 and 2023. Net Periodic Benefit Costs and Other Amounts dollars in millions Retirement Plans Postretirement Plans Year Ended December 31 Year Ended December 31 2024 2023 2022 2022 Service cost $ 10 $ 9 $ 14 $ — Interest cost 59 61 43 — Expected return on assets (91) (85) (87) — Net prior service credit amortization — — — (27) Amortization of net actuarial loss — — 12 — Total net periodic benefit (22) (15) (18) (27) Current year actuarial (gain) loss (60) (109) 33 — Amortization of actuarial loss — — (12) — Current year amortization of prior service cost — — — 27 Amortization of prior service cost — — — (27) Net (gain) loss recognized in other comprehensive income (60) (109) 21 — Total recognized in net periodic benefit cost and other comprehensive income $ (82) $ (124) $ 3 $ (27) The actuarial gain in 2024 was primarily due to return on assets greater than expected and increased discount rates, partially offset by higher interest crediting rate. The actuarial gain in 2023 was primarily due to return on assets greater than expected, partially offset by the impact of a decreased discount rate. Service costs and the amortization of prior service costs are recorded in personnel expense, while interest cost, expected return on assets and the amortization of actuarial gains or losses are recorded in other noninterest expense. The assumptions used to determine the benefit obligations at December 31, 2024 and 2023 are as follows: Weighted Average Assumptions Retirement Plans 2024 2023 Discount rate 5.69 % 5.17 % Rate of compensation increase 4.60 5.60 Interest crediting rate (1) 4.50 4.00 (1) Specific to cash investments in the CIT Pension Plan. The assumptions used to determine the net periodic benefit cost for the years ended December 31, 2024, 2023 and 2022, are as follows: Weighted Average Assumptions Retirement Plans Postretirement Plans 2024 2023 2022 2022 Discount rate 5.17 % 5.57 % 3.03 % 3.02 % Rate of compensation increase 5.60 5.60 5.60 N/A Expected long-term return on plan assets 6.18 6.14 5.87 N/A Interest crediting rate (1) 4.00 4.25 1.50 N/A (1) Specific to cash investments in the CIT Pension Plan. The estimated discount rate, which represents the interest rate that could be obtained for a suitable investment used to fund the benefit obligations, is based on a yield curve developed from high-quality corporate bonds across a full maturity spectrum. The projected cash flows of the Pension Plans are discounted based on this yield curve and a single discount rate is calculated to achieve the same present value. The increase in discount rate from the prior year is reflective of the current market conditions. The weighted average expected long-term rate of return on Pension Plans’ assets represents the average rate of return expected to be earned on the Pension Plans’ assets over the period the benefits included in the benefit obligation are to be paid. In developing the expected rate of return on the Pension Plans’ assets, historical and current returns, as well as investment allocation strategies, are considered. Assets of the Pension Plans For the Pension Plans, our primary total return objective is to achieve returns over the long term that will fund retirement liabilities and provide desired benefits of the Pension Plans in a manner that satisfies the fiduciary requirements of the ERISA. The Pension Plans’ assets have a long-term time horizon that runs concurrent with the average life expectancy of the participants. As such, the Pension Plans can assume a time horizon that extends well beyond a full market cycle and can assume a reasonable level of risk. It is expected, however, that both professional investment management and sufficient portfolio diversification will smooth volatility and help generate a consistent level of return. The investments are broadly diversified across global, economic and market risk factors in an attempt to reduce volatility and target multiple return sources. Within approved guidelines and restrictions, the investment manager has discretion over the timing and selection of individual investments. Depending on the investment type, Pension Plan assets may be held by the BancShares’ trust department or held by a third-party servicer. Equity securities are measured at fair value using observable closing prices. These securities are classified as Level 1 as they are traded in an active market. Fixed income securities are generally estimated using a third-party pricing service. 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. Investments in collective investment funds, limited partnerships and common collective trusts were measured using the net asset value per share practical expedient and are not required to be classified in the fair value hierarchy. There were no direct investments in equity securities of BancShares included in the Pension Plans’ assets in any of the years presented. The following tables summarize the fair values and fair value hierarchy for the assets of the Pension Plans at December 31, 2024 and 2023. Fair Value Measurements dollars in millions December 31, 2024 Market Value Level 1 Level 2 Level 3 Not Classified (1) Weighted Average Target Allocation Pension Plans Actual % Cash and equivalents $ 56 $ 56 $ — $ — $ — —% - 5% 3 % Equity securities 25% - 65% 48 % Common and preferred stock 145 145 — — — Mutual funds 182 182 — — — Exchange traded funds 458 458 — — — Fixed income 30% - 65% 45 % U.S. government and government agency securities 7 — 7 — — Corporate bonds 6 — 6 — — Collective investment funds (fixed income) 736 — — — 736 Alternative investments —% - 30% 4 % Limited partnerships 58 — — — 58 Total pension assets $ 1,648 $ 841 $ 13 $ — $ 794 100 % December 31, 2023 Market Value Level 1 Level 2 Level 3 Not Classified (1) Weighted Average Target Allocation Pension Plans Actual % Cash and equivalents $ 31 $ 31 $ — $ — $ — —% - 5% 2 % Equity securities 25% - 65% 45 % Common and preferred stock 134 134 — — — Mutual funds 126 126 — — — Exchange traded funds 459 459 — — — Fixed income 30% - 65% 50 % U.S. government and government agency securities 17 — 17 — — Corporate bonds 15 — 15 — — Exchange traded funds 13 13 — — — Collective investment funds (fixed income) 753 — — — 753 Alternative investments —% - 30% 3 % Limited partnerships 41 — — — 41 Total pension assets $ 1,589 $ 763 $ 32 $ — $ 794 100 % (1) These investments have been measured using the net asset value per share practical expedient and are not required to be classified in the above tables. Cash Flows The following table presents estimated future benefits projected to be paid for the next ten years from the Pension Plans’ assets or from BancShares’ general assets calculated using current actuarial assumptions. Actual benefit payments may differ from projected benefit payments. Projected Benefits dollars in millions Retirement Plans 2025 $ 72 2026 76 2027 79 2028 81 2029 83 2030-2034 435 401(k) Savings Plans BancShares sponsors two qualified defined contribution plans, the FCB 401(k) Plan and the FCB Legacy 401(k) Plan (the “Legacy 401(k) Plan,” and together with the FCB 401(k) Plan, the “401(k) Plans”), which allow employees to voluntarily defer a pre-tax and/or post-tax portion of their compensation for retirement and receive certain employer contributions as further described below. Employees are eligible to participate in only one of the 401(k) Plans, depending on their hire date and whether they were hired before the Pension Plans and 401(k) Plans were restructured in 2007 (the “Restructuring of the Plans”), and in accordance with their elections made at that time. Employees hired prior to the Restructuring of the Plans who elected to continue participation in their respective Pension Plan and “legacy” 401(k) plans are eligible to make deferrals and receive employer matching contributions in accordance with the Legacy 401(k) Plan. Under the Legacy 401(k) Plan, FCB matches participants’ deferrals in an amount equal to 100% of the first 3%, and 50% of the next 3%, of the participant's compensation that he or she defers, up to and including a maximum matching contribution of 4.5% of the participant’s eligible compensation. Employees hired prior to the Restructuring of the Plans who elected to participate in an “enhanced” 401(k) plan (now, the FCB 401(k) Plan) and associates hired or rehired after the Restructuring of the Plans (including former CIT and Silicon Valley Bank associates) can only participate in the FCB 401(k) Plan. Under the FCB 401(k) Plan, BancShares matches participants’ deferrals in an amount equal to 100% of the first 6% of the participant’s eligible compensation. The matching contribution immediately vests. In addition, BancShares may make discretionary nonelective employer contributions under the FCB 401(k) Plan to each eligible participant’s account, without regard to the amount of the participant’s deferrals. Historically, this nonelective employer contribution has been equal to 3% of participants’ eligible compensation. The nonelective employer contribution vests after three years of service. BancShares recognized expense for contributions to the 401(k) Plans of $165 million, $114 million, and $55 million for the years ended December 31, 2024, 2023 and 2022, respectively. Additional Benefits for Executives, Directors, and Officers BancShares has entered into contractual agreements with certain executives providing payments for a period of no more than ten years following separation from service occurring no earlier than an agreed-upon age. These agreements also provide a death benefit in the event a participant dies prior to separation from service or during the payment period following separation from service. BancShares has also assumed liability for contractual obligations to directors and officers of previously acquired entities. The following table provides the accrued liability as of December 31, 2024 and 2023, and the changes in the accrued liability during the years then ended: dollars in millions 2024 2023 Accrued liability as of January 1 $ 34 $ 36 Benefit expense and interest cost 3 2 Benefits paid (4) (4) Accrued liability as of December 31 $ 33 $ 34 Discount rate at December 31 4.86 % 5.09 % Other Compensation Plans BancShares offers various short-term and long-term incentive plans for certain employees. Compensation awarded under these plans may be based on defined formulas, performance criteria, or at the discretion of management. The incentive compensation programs were designed to motivate employees through a balanced approach of risk and reward for their contributions toward BancShares’ success. As of December 31, 2024 and 2023, the accrued liability for incentive compensation was $705 million and $676 million, respectively. Certain compensation awards converted to BancShares’ RSUs at completion of the CIT Merger. Compensation expense related to these awards was recognized over the vesting period or the requisite service period, which is generally three years for BancShares’ RSUs, under the graded vesting method whereby each vesting tranche of the award is amortized separately as if each were a separate award. There are no unvested RSUs outstanding at December 31, 2024 as 2024 was the last year of vesting. The following table presents the vesting activity during 2024 and 2023 and the unvested RSUs at December 31, 2023. There were no grants of stock-based compensation awards during 2024 or 2023. The fair value of RSUs that vested and settled in stock during 2024 and 2023 were $31 million and $16 million, respectively. Stock-Settled Awards Outstanding share amounts in whole dollars Stock-Settled Awards Number of Shares Weighted Average Grant Date Value (1) December 31, 2024 Unvested at beginning of period 20,255 $ 859.76 Forfeited / cancelled — 859.76 Vested / settled awards (20,255) 859.76 Unvested at end of period — $ 859.76 December 31, 2023 Unvested at beginning of period 42,989 $ 859.76 Forfeited / cancelled (643) 859.76 Vested / settled awards (22,091) 859.76 Unvested at end of period 20,255 $ 859.76 (1) Represents the share price of BancShares as of the CIT Merger Date.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	NOTE 22 — SEGMENT INFORMATION Effective January 1, 2024, we changed our segment reporting as further described in Note 1—Significant Accounting Policies and Basis of Presentation and the segment disclosures below for 2023 and 2022 were recast to conform with those segment reporting changes. BancShares’ segments include the General Bank, the Commercial Bank, SVB Commercial, and Rail. All other financial information not included in the segments is reported in the Corporate section of the segment disclosures. We do not aggregate multiple operating segments into a reportable segment. Therefore, each of our operating segments are reportable segments. Certain noninterest expenses are directly incurred by a segment, while others are not. Noninterest expenses not directly incurred by a segment are included in Corporate unless allocated to a segment (“Allocated Expenses”). Under our segment expense allocation methodology, Allocated Expenses increase noninterest expense of the applicable segment(s), with an offsetting decrease to Corporate noninterest expense. “All other noninterest expense” in the segment reporting tables below are presented net of Allocated Expenses, resulting in a reduction to expense (or “Contra Expense”) for Corporate. 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 primarily generated from interest earned on loans. Noninterest income is primarily generated from fees for banking and advisory services, including lending-related fees, most of BancShares’ income related to deposit fees and service charges, cardholder services, along with essentially all of the wealth management services income. 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, 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 primarily generated from interest and fees on loans. Noninterest income is mostly generated from rental income on operating lease equipment, lending-related fees, including most of BancShares’ capital market fees, and other revenue from banking services. Noninterest income also includes all of the 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. Noninterest income is mostly generated from fees, including essentially all of client investment fees and most of the international fees, and other revenue from lending-related 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, which is included in noninterest income, and to a lesser extent, gains on sale of leasing equipment. Corporate All other financial information not included in the segments is reported in Corporate. 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; as well as funds transfer pricing allocations. Noninterest income includes gains or losses on sales of investment securities, fair value adjustments on marketable equity securities, and income from BOLI. Personnel cost in Corporate includes the personnel costs not allocated to the operating segments. Corporate includes acquisition-related expenses and 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. Corporate also includes the offsetting impacts of Allocated Expenses as discussed above. Segment Results and Select Period End Balances The following tables present the condensed income statements by segment and include the significant segment expenses and measure of segment profit or loss that are further discussed in Note 1—Significant Accounting Policies and Basis of Presentation. dollars in millions Year Ended December 31, 2024 General Bank Commercial Bank SVB Commercial Rail Corporate (1) BancShares (2) Net interest income (expense) $ 2,980 $ 1,100 $ 2,274 $ (186) $ 975 $ 7,143 Rental income on operating lease equipment — 227 — 821 — 1,048 All other noninterest income 612 315 565 15 60 1,567 Total noninterest income 612 542 565 836 60 2,615 Total revenue 3,592 1,642 2,839 650 1,035 9,758 Depreciation on operating lease equipment — 185 — 209 — 394 Maintenance and other operating lease expenses — — — 219 — 219 Personnel cost 787 233 530 25 1,503 3,078 Acquisition-related expenses — — — — 210 210 All other noninterest expense (3) 1,244 493 1,023 50 (976) 1,834 Total noninterest expense 2,031 911 1,553 503 737 5,735 Provision for credit losses 153 144 134 — — 431 Income before income taxes 1,408 587 1,152 147 298 3,592 Income tax expense (benefit) 362 147 295 36 (25) 815 Net income $ 1,046 $ 440 $ 857 $ 111 $ 323 $ 2,777 Select Period End Balances Loans and leases $ 66,768 $ 33,197 $ 40,194 $ 62 $ — $ 140,221 Operating lease equipment, net — 750 — 8,573 — 9,323 Deposits 73,062 3,283 36,637 18 42,229 155,229 (1) Corporate includes all other financial information that is not included in the reportable segments as further discussed above and in Note 1—Significant Accounting Policies and Basis of Presentation. (2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate. (3) All other noninterest expense represents “other segment items” under ASC 280 and primarily includes Allocated Expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of Allocated Expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above. dollars in millions Year Ended December 31, 2023 General Bank Commercial Bank SVB Commercial Rail Corporate (1) BancShares (2) Net interest income (expense) $ 2,580 $ 1,015 $ 1,647 $ (143) $ 1,613 $ 6,712 Rental income on operating lease equipment — 231 — 740 — 971 All other noninterest income 526 329 430 5 9,814 11,104 Total noninterest income 526 560 430 745 9,814 12,075 Total revenue 3,106 1,575 2,077 602 11,427 18,787 Depreciation on operating lease equipment — 180 — 191 — 371 Maintenance and other operating lease expenses — — — 222 — 222 Personnel cost 725 194 401 22 1,294 2,636 Acquisition-related expenses — — — — 470 470 All other noninterest expense (3) 1,114 450 883 45 (856) 1,636 Total noninterest expense 1,839 824 1,284 480 908 5,335 Provision for credit losses 77 517 65 — 716 1,375 Income before income taxes 1,190 234 728 122 9,803 12,077 Income tax expense 319 69 184 32 7 611 Net income $ 871 $ 165 $ 544 $ 90 $ 9,796 $ 11,466 Select Period End Balances Loans and leases $ 62,832 $ 30,936 $ 39,511 $ 23 $ — $ 133,302 Operating lease equipment, net — 780 — 7,966 — 8,746 Deposits 68,729 3,228 34,730 13 39,154 145,854 (1) Corporate includes all other financial information that is not included in the reportable segments as further discussed above and in Note 1—Significant Accounting Policies and Basis of Presentation. (2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate. (3) All other noninterest expense represents “other segment items” under ASC 280 and primarily includes Allocated Expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of Allocated Expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above. dollars in millions Year Ended December 31, 2022 General Bank Commercial Bank SVB Commercial Rail Corporate (1) BancShares (2) Net interest income (expense) $ 1,830 $ 884 $ — $ (80) $ 312 $ 2,946 Rental income on operating lease equipment — 212 — 652 — 864 All other noninterest income 483 306 — 4 479 1,272 Total noninterest income 483 518 — 656 479 2,136 Total revenue 2,313 1,402 — 576 791 5,082 Depreciation on operating lease equipment — 169 — 176 — 345 Maintenance and other operating lease expenses — — — 189 — 189 Personnel cost 549 171 — 20 668 1,408 Acquisition-related expenses — — — — 231 231 All other noninterest expense (3) 909 405 — 42 (454) 902 Total noninterest expense 1,458 745 — 427 445 3,075 Provision for credit losses 11 121 — — 513 645 Income (loss) before income taxes 844 536 — 149 (167) 1,362 Income tax expense (benefit) 214 128 — 37 (115) 264 Net income (loss) $ 630 $ 408 $ — $ 112 $ (52) $ 1,098 Select Period End Balances Loans and leases $ 43,212 $ 27,491 $ — $ 78 $ — $ 70,781 Operating lease equipment, net — 723 — 7,433 — 8,156 Deposits 67,894 3,219 — 15 18,280 89,408 (1) Corporate includes all other financial information that is not included in the reportable segments as further discussed above and in Note 1—Significant Accounting Policies and Basis of Presentation. (2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate. (3) All other noninterest expense represents “other segment items” under ASC 280 and primarily includes Allocated Expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of Allocated Expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 23 — 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 December 31, 2024 December 31, 2023 Financing Commitments Financing assets (excluding leases) $ 53,250 $ 57,567 Letters of Credit Standby letters of credit 2,188 2,412 Other letters of credit 103 103 Deferred Purchase Agreements 1,802 2,076 Purchase and Funding Commitments (1) 178 685 (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 December 31, 2024 and 2023, substantially all undrawn financing commitments were senior facilities. Financing commitments also include $79 million and $66 million at December 31, 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 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 $166 million and $143 million at December 31, 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 $1.74 billion and $1.92 billion of DPA exposures at December 31, 2024 and December 31, 2023, respectively, related to receivables on which BancShares has assumed the credit risk. The table also includes $59 million and $161 million available under DPA credit line agreements provided at December 31, 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 does not believe that the outcome of Litigation that is currently pending will have a material impact on BancShares’ consolidated financial statements. 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 December 31, 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.

CERTAIN RELATIONSHIPS AND RELAT

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS	12 Months Ended
	Dec. 31, 2024
Related Party Transactions [Abstract]
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS	NOTE 24 — CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS BancShares has investments in qualified affordable housing projects primarily for CRA purposes and obtaining tax credits. These investments are accounted for in accordance with PAM. BancShares also has investments in various trusts, partnerships, and limited liability corporations established in conjunction with structured financing transactions of equipment, power and infrastructure projects, and workout transactions. BancShares’ interests in these entities were entered into in the ordinary course of business and are accounted for under the equity or cost methods. Refer to Note 9—Variable Interest Entities and Note 10—Other Assets for additional information. The combination of investments in and loans to unconsolidated entities represents BancShares’ maximum exposure to loss, as BancShares does not provide guarantees or other forms of indemnification to unconsolidated entities. BancShares has, and expects to have in the future, banking transactions in the ordinary course of business with its directors, executive officers, principal shareholders, and their immediate family (collectively “Related Persons”), including transactions in which Related Persons may have a material interest. Loans to Related Persons totaled $42 million and $27 million as of December 31, 2024 and 2023, respectively. Unfunded loan commitments available to Related Persons totaled $14 million and $10 million as of December 31, 2024 and 2023, respectively.

PARENT COMPANY FINANCIAL STATEM

PARENT COMPANY FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
PARENT COMPANY FINANCIAL STATEMENTS	NOTE 25 — PARENT COMPANY FINANCIAL STATEMENTS The following tables present condensed stand-alone financial statements of the Parent Company: Parent Company Condensed Balance Sheets dollars in millions December 31, 2024 December 31, 2023 Assets Cash and due from banks $ 310 $ 200 Interest-earning deposits at banks 1 5 Investment in marketable equity securities 99 82 Note receivable from banking subsidiary 200 — Investment in banking subsidiary 21,932 21,324 Investment in other subsidiaries 97 50 Other assets 75 60 Total assets $ 22,714 $ 21,721 Liabilities and Stockholders' Equity Subordinated debt $ 350 $ 367 Borrowings due to banking subsidiary 44 45 Other liabilities 92 54 Total liabilities 486 466 Stockholders’ equity 22,228 21,255 Total liabilities and stockholders’ equity $ 22,714 $ 21,721 Parent Company Condensed Statements of Income Year Ended December 31 dollars in millions 2024 2023 2022 Income Dividends from banking subsidiary $ 2,221 $ 367 $ 1,410 Other income (loss) 25 (8) (2) Total income 2,246 359 1,408 Expenses Interest expense 16 22 19 Other expenses 61 40 26 Total expenses 77 62 45 Income before income taxes and equity in undistributed net income of subsidiaries 2,169 297 1,363 Income tax (benefit) expense (22) (14) 44 Income before equity in undistributed net income of subsidiaries 2,191 311 1,319 Equity in undistributed (distributed) net income of subsidiaries 586 11,155 (221) Net income 2,777 11,466 1,098 Preferred stock dividends 61 59 50 Net income available to common stockholders $ 2,716 $ 11,407 $ 1,048 Parent Company Condensed Statements of Cash Flows Year Ended December 31 dollars in millions 2024 2023 2022 OPERATING ACTIVITIES Net income $ 2,777 $ 11,466 $ 1,098 Adjustments to reconcile net income to cash provided by operating activities: (Undistributed) distributed net income of subsidiaries (586) (11,155) 221 Deferred tax expense (benefit) 2 (5) 48 Net amortization of premiums and discounts — — 1 Fair value adjustment on marketable equity securities, net (13) 11 6 Stock based compensation expense — 5 19 Realized gain on sale of investment securities, net (6) — — Net change in other assets (15) (17) (3) Net change in other liabilities (5) 3 (2) Other operating activities 3 — — Net cash provided by operating activities 2,157 308 1,388 INVESTING ACTIVITIES Net decrease (increase) in interest-earning deposits at banks 4 (2) 3 Purchase of marketable equity securities (6) — — Proceeds from sale of marketable equity securities 15 — — Note receivable from banking subsidiary (200) — — Net cash paid in acquisition — — (51) Other investing activities (23) — — Net cash used in investing activities (210) (2) (48) FINANCING ACTIVITIES Repayment of other borrowings — — (68) Repayment of subordinated debt (17) (87) — (Repayment) proceeds for borrowings due to banking subsidiary (1) (15) 20 Repurchase of Class A common stock (1,648) — (1,240) Cash dividends paid (158) (117) (83) Other financing activities (13) (6) (24) Net cash used in financing activities (1,837) (225) (1,395) Net change in cash and due from banks 110 81 (55) Cash and due from banks at beginning of year 200 119 174 Cash and due from banks at end of year $ 310 $ 200 $ 119 CASH PAYMENTS (REFUNDS) FOR: Interest $ 15 $ 23 $ 18 Income taxes (1) 470 (536)

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net income	$ 2,777	$ 11,466	$ 1,098

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 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

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Risk Management and Strategy BancShares maintains robust processes for assessing, identifying, and managing material risks from cybersecurity threats that are integrated with our overall risk management program. As part of its cybersecurity risk management framework, BancShares leverages a Three Lines of Defense model (the “Three Lines Model”) to promote clarity of roles and responsibilities in managing risk. Under the Three Lines Model, the ECSO, led by our Chief Information Security Officer (the “CISO”), acts as a first line of defense and has primary responsibility for identifying, assessing, monitoring, and managing material risks from cybersecurity threats. Our CISO reports to our Chief Information and Operations Officer (“CIOO”), who reports directly to our Chief Executive Officer. Within ECSO, the Cyber Security Operation Center identifies, assesses, monitors, and manages potential cybersecurity events in coordination with the Enterprise Incident Management (“EIM”) team, escalating analysis and response to incidents and events in accordance with established procedures and the Enterprise Severity Matrix. In addition, BancShares maintains a third-party risk management team tasked with identifying, evaluating, and managing risk posed by all third-party engagements, including from cybersecurity threats. The second-line independent risk management, including compliance, enterprise risk management, and operational risk management, works with the first line ECSO to evaluate, assess, and manage material risks using an established Risk Appetite Framework. The Risk Appetite Framework requires the cybersecurity organization to document the current risk landscape and the activities undertaken to mitigate risk that exceeds enterprise risk tolerance. The third-line in the Three Lines Model is our internal audit team, which assesses the effectiveness of related controls. BancShares maintains processes for reporting and escalation from each line of defense through management to senior leadership, to management-level committees, and to committees of the Board and the Board, as appropriate. Reporting includes top and emerging risks, and other operational risk metrics. BancShares follows a defense-in-depth and layered-control framework to protect the organization against cybersecurity threats and attacks. ECSO remains committed to maintaining and improving preventative and detective controls and enhancing our defenses in response to the evolving threat landscape. This mission is supported by policy, standards, and procedures which align to industry frameworks, including the National Institute of Standards and Technology Cybersecurity Framework, and are executed through the firm’s preventive and detective controls. BancShares has implemented a threat awareness program that includes cross-organizational information sharing capabilities for threat intelligence and membership and engagement with intelligence communities, including but not limited to, the Financial Services Information Sharing and Analysis Center, the Financial Services Sector Coordinating Council, the Federal Bureau of Investigation, and the U.S. Department of Homeland Security. BancShares also utilizes external experts and third-party assessors to maximize its risk intelligence coverage and to enhance risk detection and remediation. BancShares engages internal auditors, external assessors, and consultants to benchmark, scale, manage, and identify cybersecurity threats. Consultants also assess BancShares’ cybersecurity systems and complete vulnerability testing.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	BancShares maintains robust processes for assessing, identifying, and managing material risks from cybersecurity threats that are integrated with our overall risk management program. As part of its cybersecurity risk management framework, BancShares leverages a Three Lines of Defense model (the “Three Lines Model”) to promote clarity of roles and responsibilities in managing risk.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Governance The Board retains supervisory oversight responsibility for the organization and its activities, including enterprise risk management and cybersecurity risks. The Board conducts oversight of management through board committees, presentations from senior leadership, and routine Board-directed reporting to ensure management continues to operate and conduct business in alignment with Risk Appetite Statements. Oversight of cybersecurity and the ECSO organization is the responsibility of the Risk Committee. The Risk Committee oversees cybersecurity and other risks through reporting from management, including the Enterprise Risk Oversight Committee (“EROC”), as well as additional management-level subcommittees beneath the Risk Committee including the Technology & Security Risk Committee (“TSRC”) and the Operational Risk Committee (“ORC” and, together with the EROC and TSRC, the “Management Committees”). Management Committees, which include as members the CISO and other cybersecurity leadership, have clear lines of communication with the Board and its committees. The Management Committees are designed with a purpose-driven scope and decision-making authority and are required to provide the Board with regular reporting of management’s business activities and the potential risk associated with those activities. Management Committees are informed by EIM following the incident management process as per internal policies and standards. The Board may from time to time create informal working groups to enable deeper and more detailed discussions related to our technology needs and investments and inform the Board on cybersecurity risks, among other topics. In addition, the Audit Committee of the Board monitors internal audit’s coverage of cybersecurity governance, risks, and related controls, including any identified deficiencies, that could adversely affect the ability to record, process, summarize, and report financial data. The Risk Committee coordinates with the Audit Committee for review of information security matters, as needed. The CISO is responsible for assessing and managing material cyber risks. The CISO’s expertise with assessing and managing material cyber risks is based on more than 20 years of cybersecurity experience with prior roles as a CISO and Global Head of Operations. The CISO is informed about and monitors the prevention, detection, mitigation, and remediation of cybersecurity by the ECSO through regular reporting and escalations, as required. The CIOO, the CISO, and others, report information about material risks from cybersecurity threats to the Board or a committee or subcommittee of the Board, as described below. The Risk Committee receives information on cybersecurity risk, including risk appetite utilization, breaches and emerging risks, and the control environment, directly or indirectly, from various sources, including the CIOO, CISO, and each of the Management Committees. Additionally, the Risk Committee reviews BancShares’ information security policy and program with a focus on whether they are appropriate to protect data, records, and proprietary information of BancShares as well as that of its customers and employees.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Board retains supervisory oversight responsibility for the organization and its activities, including enterprise risk management and cybersecurity risks. The Board conducts oversight of management through board committees, presentations from senior leadership, and routine Board-directed reporting to ensure management continues to operate and conduct business in alignment with Risk Appetite Statements.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	Oversight of cybersecurity and the ECSO organization is the responsibility of the Risk Committee. The Risk Committee oversees cybersecurity and other risks through reporting from management, including the Enterprise Risk Oversight Committee (“EROC”), as well as additional management-level subcommittees beneath the Risk Committee including the Technology & Security Risk Committee (“TSRC”) and the Operational Risk Committee (“ORC” and, together with the EROC and TSRC, the “Management Committees”).
Cybersecurity Risk Role of Management [Text Block]	In addition, the Audit Committee of the Board monitors internal audit’s coverage of cybersecurity governance, risks, and related controls, including any identified deficiencies, that could adversely affect the ability to record, process, summarize, and report financial data. The Risk Committee coordinates with the Audit Committee for review of information security matters, as needed. The CISO is responsible for assessing and managing material cyber risks. The CISO’s expertise with assessing and managing material cyber risks is based on more than 20 years of cybersecurity experience with prior roles as a CISO and Global Head of Operations. The CISO is informed about and monitors the prevention, detection, mitigation, and remediation of cybersecurity by the ECSO through regular reporting and escalations, as required. The CIOO, the CISO, and others, report information about material risks from cybersecurity threats to the Board or a committee or subcommittee of the Board, as described below. The Risk Committee receives information on cybersecurity risk, including risk appetite utilization, breaches and emerging risks, and the control environment, directly or indirectly, from various sources, including the CIOO, CISO, and each of the Management Committees. Additionally, the Risk Committee reviews BancShares’ information security policy and program with a focus on whether they are appropriate to protect data, records, and proprietary information of BancShares as well as that of its customers and employees.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	The CISO is responsible for assessing and managing material cyber risks.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	The CISO’s expertise with assessing and managing material cyber risks is based on more than 20 years of cybersecurity experience with prior roles as a CISO and Global Head of Operations.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	The Management Committees are designed with a purpose-driven scope and decision-making authority and are required to provide the Board with regular reporting of management’s business activities and the potential risk associated with those activities. Management Committees are informed by EIM following the incident management process as per internal policies and standards.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation and Basis of Presentation The accounting and reporting policies of BancShares are in accordance with United States generally accepted accounting principles (“GAAP”) and general practices within the banking industry. 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.
Basis of Presentation	Principles of Consolidation and Basis of Presentation The accounting and reporting policies of BancShares are in accordance with United States generally accepted accounting principles (“GAAP”) and general practices within the banking industry. 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.
Reclassifications	Reclassifications Financial Statements In certain instances, amounts reported in the 2023 and 2022 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. 2024 Changes to the Composition of Reportable Segments As of December 31, 2023, our reportable segments included the General Bank, the Commercial Bank, Silicon Valley Bank (“SVB”), and Rail. All other financial information not included in the segments is reported in the Corporate section of the segment disclosures. Effective January 1, 2024, we made the following changes to our segment reporting: • 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 and 2022 in Note 22—Segment Information conform with the above described changes to our reportable segments. Refer to Note 22—Segment Information for additional information. 2024 Changes to 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.” 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 in the 2023 Annual Report on Form 10-K, 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.
Interest-Earning Deposits at Banks	Interest-Earning Deposits at Banks Interest-earning deposits at banks are primarily comprised of interest-bearing deposits with the Federal Reserve Bank (“FRB”) and other banks. Interest-earning deposits at banks have maturities of three months or less. The carrying value of interest-earning deposits at banks approximates its fair value due to its short-term nature.
Securities Purchased Under Agreements to Resell and Securities Sold Under Customer Repurchase Agreements	Securities Purchased Under Agreements to Resell Securities purchased under agreements to resell are accounted for as collateralized financing transactions as the terms of such purchase agreements do not qualify for sale accounting and are therefore recorded at the amount of cash advanced. The securities purchased under agreements to resell were primarily collateralized by U.S. Treasury and U.S. agency mortgage-backed securities. Accrued interest receivables are recorded in other assets. Interest earned is recorded in interest income. Securities Sold Under Customer Repurchase Agreements
Investments	Investments Debt Securities BancShares classifies debt securities as held to maturity or available for sale. Debt securities are classified as held to maturity when BancShares has the intent and ability to hold the securities to maturity. Held to maturity securities are reported at amortized cost. Debt securities classified as available for sale are reported at estimated fair value, with unrealized gains and losses, net of income taxes, reported in Accumulated Other Comprehensive Income (“AOCI”). Amortization of premiums and accretion of discounts for debt securities are recorded in interest income. Realized gains and losses from the sale of debt securities are included in noninterest income. BancShares performs pre-purchase due diligence and evaluates the credit risk of available for sale and held to maturity debt securities purchased directly into BancShares' portfolio or via acquisition. If securities have evidence of more than insignificant credit deterioration since issuance, they are designated as purchased credit deteriorated (“PCD”). For available for sale debt securities, management performs a quarterly analysis of the investment portfolio to evaluate securities currently in an unrealized loss position for potential credit-related impairment. If BancShares intends to sell a security, or does not have the intent and ability to hold a security before recovering the amortized cost, the entirety of the unrealized loss is immediately recorded in earnings to the extent that it exceeds the associated allowance for credit losses previously established. For the remaining securities, an analysis is performed to determine if any portion of the unrealized loss recorded relates to credit impairment. If credit-related impairment exists, the amount is recorded through the allowance for credit losses and related provision. This review includes indicators such as changes in credit rating, delinquency, bankruptcy, or other significant events impacting the issuer. Debt securities are also classified as past due when the payment of principal and interest based upon contractual terms is 30 days delinquent or greater. Management reviews all debt securities with delinquent interest and immediately charges off any accrued interest determined to be uncollectible. Refer to Note 3—Investment Securities for additional information. Equity Securities Investments in equity securities having readily determinable fair values are stated at fair value. Realized and unrealized gains and losses on these securities are included in noninterest income. Dividends on marketable equity securities are included in interest on investment securities. Nonmarketable equity securities that do not meet the criteria to be accounted for under the equity method and that do not have readily determinable fair values are measured at cost under the measurement alternative with adjustments for impairment and observable price changes if applicable. Dividends from these investments are included in noninterest income. Refer to Note 10—Other Assets for amounts of nonmarketable equity securities at December 31, 2024 and 2023. BancShares evaluates its nonmarketable equity securities for impairment and recoverability of the recorded investment based on analysis of the facts and circumstances of each investment, including asset quality of the issuer, dividend payment history and recent redemption experience. Any impairment is recorded in noninterest income. Other Securities Membership in the Federal Home Loan Bank (“FHLB”) network requires ownership of FHLB restricted stock. This stock is restricted as it may only be sold to the FHLB and all sales must be at par. Accordingly, the FHLB restricted stock is carried at cost, less any applicable impairment charges and is recorded within other assets. Additionally, BancShares holds shares of Visa Inc. (“Visa”) Class B common stock. Refer to Note 3—Investment Securities and Note 10—Other Assets for additional information.
Affordable Housing Tax Credit and Unconsolidated Investments	Affordable Housing Tax Credit and Unconsolidated Investments 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.
Affordable Housing Tax Credit Investments	Affordable Housing Tax Credit Investments
Equity Method Investments	Equity Method Investments Under the equity method, we record our proportionate share of the profits or losses of the investment entity as an adjustment to the carrying value of the investment and as a component of other noninterest income. Dividends and distributions from these investments are recorded as reductions to the carrying value of the investments.
Assets Held for Sale	Assets Held for Sale
Loans and Leases	Loans and Leases Originated loans for which management has the intent and ability to hold for the foreseeable future are classified as held for investment and carried at the principal amount outstanding net of any unearned income, charge-offs and unamortized fees and costs. Nonrefundable fees collected and certain direct costs incurred related to loan originations are deferred and recorded as an adjustment to loans outstanding. The net amount of the nonrefundable fees and costs is amortized to interest income over the contractual lives as an adjustment to yield using methods that approximate a constant yield, as applicable, or the straight-line method for revolving lines of credit. BancShares extends credit to commercial customers through a variety of financing arrangements including term loans, revolving credit facilities, finance leases and operating leases. BancShares also extends credit through consumer loans, including residential mortgages and auto loans. Our loan classes as of December 31, 2024 are described below. Commercial Loans and Leases Commercial Construction – Commercial construction consists of loans to finance land for commercial development of real property and construction of multifamily apartments or other commercial properties. These loans are highly dependent on the supply and demand for CRE as well as the demand for newly constructed residential homes and lots acquired for development. Deterioration in demand could result in decreased collateral values, which could make repayments of outstanding loans difficult. Owner Occupied Commercial Mortgage – Owner occupied commercial mortgage consists of loans to purchase or refinance owner occupied nonresidential properties. This includes office buildings, other commercial facilities, and farmland. Commercial mortgages secured by owner occupied properties are primarily dependent on the ability of borrowers to achieve business results consistent with those projected at loan origination. While these loans are collateralized by real property in an effort to mitigate risk, it is possible the liquidation of collateral will not fully satisfy the obligation. Non-owner Occupied Commercial Mortgage – Non-owner occupied commercial mortgage consists of loans to purchase or refinance investment nonresidential properties. This includes office buildings and other facilities rented or leased to unrelated parties, as well as farmland and multifamily properties. The primary risk associated with income producing commercial mortgage loans is the ability of the income-producing property that collateralizes the loan to produce adequate cash flow to service the debt. While these loans are collateralized by real property in an effort to mitigate risk, it is possible the liquidation of collateral will not fully satisfy the obligation. Commercial and Industrial – Commercial and industrial (“C&I”) loans consist of loans or lines of credit to finance accounts receivable, inventory or other general business needs, and business credit cards. The primary risk associated with C&I loans is the ability of borrowers to achieve business results consistent with those projected at origination. Failure to achieve these projections presents risk that the borrower will be unable to service the debt consistent with the contractual terms of the loan. We provide factoring, receivable management, and secured financing to businesses (our clients, who are generally manufacturers or importers of goods) that operate in several industries, including 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 by our clients to their customers (generally retailers) that have been factored (i.e., sold or assigned to the factor). The most prevalent risk in factoring transactions is customer credit risk, which relates to the financial inability of a customer to pay undisputed factored trade accounts receivable. Factoring receivables are primarily included in the C&I loan class. Leases – Leases consists of finance lease arrangements for technology and office equipment and large and small industrial, medical, and transportation equipment. Consumer Loans Residential Mortgage – Consumer mortgage consists of loans to purchase, construct, or refinance the borrower’s primary dwelling, secondary residence or vacation home and are often secured by 1-4 family residential properties or undeveloped or partially developed land in anticipation of completing construction of a 1-4 family residential property. Significant and rapid declines in real estate values can result in borrowers having debt levels in excess of the current market value of the collateral. Delays in construction and development projects can cause cost overruns exceeding the borrower’s financial ability to complete the project. Such cost overruns can result in foreclosure of partially completed and unmarketable collateral. Revolving Mortgage – Revolving mortgage consists of home equity lines of credit and other lines of credit or loans secured by first or second liens on the borrower’s primary residence. These loans are secured by both senior and junior liens on the residential real estate and are particularly susceptible to declining collateral values. This risk is elevated for loans secured by junior liens as a substantial decline in value could render the junior lien position effectively unsecured. Consumer Auto – Consumer auto loans consist of installment loans to finance purchases of vehicles. These loans include direct auto loans originated in bank branches, as well as indirect auto loans originated through agreements with auto dealerships. The value of the underlying collateral within this class is at risk of potential rapid depreciation, which could result in unpaid balances in excess of the collateral, if any. Consumer Other – Other consumer loans consist of loans to finance unsecured home improvements, student loans, and revolving lines of credit that can be secured or unsecured, including personal credit cards. The value of the underlying collateral within this class is at risk of potential rapid depreciation, which could result in unpaid balances in excess of the collateral. SVB Loans Global Fund Banking – Global fund banking is the largest class of SVB loans and consists of capital call lines of credit, the repayment of which is dependent on the payment of capital calls by the underlying limited partner investors in funds managed by certain private equity and venture capital firms. Investor Dependent – The investor dependent class includes loans made primarily to technology, life science and healthcare companies. These borrowers typically have modest or negative cash flows and rarely have an established record of profitable operations. Repayment of these loans may be dependent upon receipt by borrowers of additional equity financing from venture capital firms or other investors, or in some cases, a successful sale to a third-party or an initial public offering. The investor dependent loans are disaggregated into two classes: • Early Stage – These include loans to pre-revenue, development-stage companies and companies that are in the early phases of commercialization, with revenues of up to $5 million. • Growth Stage – These include loans to growth stage enterprises. Companies with revenues between $5 million and $15 million, or pre-revenue clinical-stage biotechnology companies, are considered to be mid-stage, and companies with revenues in excess of $15 million are considered to be later-stage. Cash Flow Dependent and Innovation C&I – Cash flow dependent and innovation C&I loans are made primarily to technology, life science, and healthcare companies that are not investor dependent. Repayment of these loans is not dependent on additional equity financing, a successful sale or an initial public offering. • Cash Flow Dependent – Cash flow dependent loans are typically used to assist a select group of private equity sponsors with the acquisition of businesses, are larger in size and repayment is generally dependent upon the cash flows of the combined entities. Acquired companies are typically established, later-stage businesses of scale, and characterized by reasonable levels of leverage with loan structures that include meaningful financial covenants. The sponsor’s equity contribution is often 50 percent or more of the acquisition price. • Innovation C&I – These include loans in innovation sectors such as technology, life science and healthcare industries. Innovation C&I loans are dependent on either the borrower’s cash flows or balance sheet for repayment. Cash flow dependent loans require the borrower to maintain cash flow from operations that is sufficient to service all debt. Borrowers must demonstrate normalized cash flow in excess of all fixed charges associated with operating the business. Balance sheet dependent loans include asset-backed loans and are structured to require constant current asset coverage (e.g., cash, cash equivalents, accounts receivable and, to a much lesser extent, inventory) in an amount that exceeds the outstanding debt. The repayment of these arrangements is dependent on the financial condition, and payment ability, of third parties with whom our clients do business. Acquired Loans and Leases BancShares’ accounting methods for acquired loans and leases depends on whether or not the loans reflect more than insignificant credit deterioration since origination at the date of acquisition. Non-Purchased Credit Deteriorated Loans and Leases Non-Purchased Credit Deteriorated (“Non-PCD”) loans and leases do not reflect more than insignificant credit deterioration since origination at the date of acquisition. These loans are recorded at fair value and an increase to the ALLL is recorded with a corresponding increase to the provision for credit losses at the date of acquisition. The difference between fair value and the unpaid principal balance (“UPB”) at the acquisition date is amortized or accreted to interest income over the contractual life of the loan using the effective interest method. Purchased Credit Deteriorated Loans and Leases Purchased loans and leases that reflect a more than insignificant credit deterioration since origination at the date of acquisition are classified as PCD loans and leases. PCD loans and leases are recorded at acquisition date amortized cost, which is the purchase price or fair value in a business combination, plus BancShares' initial ALLL, which results in a gross up of the loan balance (the “PCD Gross-Up”). The initial ALLL for PCD loans and leases (the “Initial PCD ALLL”) is established through the PCD Gross-Up and there is no corresponding increase to the provision for credit losses. The difference between the UPB and the acquisition date amortized cost resulting from the PCD Gross-Up is amortized or accreted to interest income over the contractual life of the loan using the effective interest method. Refer to Note 5—Allowance for Loan and Lease Losses for additional information. Past Due and Non-Accrual Loans and Leases Loans and leases are classified as past due when the payment of principal and interest based upon contractual terms is 30 days or greater delinquent. Loans and leases are generally placed on nonaccrual when principal or interest becomes 90 days past due or when it is probable the principal or interest is not fully collectible. When loans are placed on nonaccrual, previously uncollected accrued interest is reversed from interest income and the ongoing accrual of interest is discontinued. All payments received thereafter are applied as a reduction of the outstanding balance until the account is collected, charged-off or returned to accrual status. Loans and leases are generally removed from nonaccrual status when they become current for a sustained period of time and there is no longer concern as to the collectability of principal and interest. Loan Charge-Offs and Recoveries
Allowance for Loan and Lease Losses	Allowance for Loan and Lease Losses The ALLL represents management’s best estimate of credit losses expected over the life of the loan or lease, adjusted for expected contractual payments and the impact of prepayment expectations. Estimates for loan and lease losses are determined by analyzing quantitative and qualitative components present as of the evaluation date using the current expected credit loss (“CECL”) methodology in accordance with the Financial Accounting Standards Board’s (“FASB”) Accounting Standard Codification (“ASC”) 326 Financial Instruments - Credit Losses . Adjustments to the ALLL are recorded with a corresponding entry to the provision or benefit for credit losses. The ALLL is calculated based on a variety of considerations, including, but not limited to actual net loss history of the various loan and lease pools, delinquency trends, changes in forecasted economic conditions, loan growth, estimated loan life, and changes in portfolio credit quality. Loans and leases are segregated into pools with similar risk characteristics and each have a model that is utilized to estimate the ALLL. These ALLL models estimate the probability of obligor default (“PD”) and loss given default (“LGD”) for individual loans and leases within each risk pool based on historical loss experience, borrower characteristics, collateral type, forecasts of future economic conditions, expected future recoveries and other factors. The loan and lease level undiscounted ALLL is calculated by applying the modeled PD and LGD to monthly forecasted loan and lease balances which are adjusted for contractual payments, prior defaults, and prepayments. Prepayment assumptions were developed through a review of BancShares’ historical prepayment activity and considered forecasts of future economic conditions. Forecasted LGDs are adjusted for expected recoveries. Model outputs may be adjusted through a qualitative assessment to reflect trends that may not be adequately reflected within the models, which could include economic conditions, uncertainty in macroeconomic forecasts, credit quality, risk to specific industry concentrations, and any significant policy and underwriting changes. These qualitative adjustments are also used to accommodate for the imprecision of certain assumptions and uncertainties inherent in the model calculations. The ALLL models utilize economic variables, including unemployment, gross domestic product, home price index, CRE index, corporate profits, and credit spreads. These economic variables are based on macroeconomic scenario forecasts with a forecast horizon that covers the lives of the loan portfolios. Due to the inherent uncertainty in the macroeconomic forecasts, BancShares utilizes baseline, upside, and downside macroeconomic scenarios and weights the scenarios based on review of variable forecasts for each scenario and comparison to expectations. When loans do not share risk characteristics similar to others in the pool, the ALLL is evaluated on an individual basis. Given that BancShares’ CECL models are loan level models, the number of loans individually evaluated is not significant and consists primarily of loans greater than $500 thousand. A specific ALLL is established (or charge-off recorded) for the shortfall, if any, between the present value of future cash flows (or fair value of the collateral, less estimated costs to sell) and the amortized cost of the loan. Risk pools for estimating the ALLL, along with loans evaluated on an individual basis, are aggregated into commercial, consumer and SVB loan portfolios for reporting purposes in Note 5—Allowance for Loan and Lease Losses. Accrued Interest Receivable BancShares' accounting policies and credit monitoring provide that uncollectible accrued interest is reversed or written off against interest income in a timely manner. Therefore, BancShares elected to not measure an ALLL for accrued interest receivable. Accrued interest receivable is recorded in other assets Unfunded Commitments
Lessor Arrangements	Lessor Arrangements Operating lease equipment is carried at cost less accumulated depreciation. Operating lease equipment is depreciated to its estimated residual value using the straight-line method over the lease term or estimated useful life of the asset. Rail equipment has estimated useful lives of 40-50 years and the useful lives of other equipment are generally 3-10 years. When AHFS accounting criteria are met for operating lease equipment, the equipment is marked to LOCOM and classified as AHFS and depreciation is no longer recognized. Equipment received at the end of the lease that will be sold is marked to LOCOM, with the adjustment recorded in other noninterest income. Initial direct costs are amortized over the lease term. Sales-type and direct financing leases are carried at the aggregate of lease payments receivable and estimated residual value of the leased property, if applicable, less unearned income. Interest income is recognized over the term of the leases to achieve a constant periodic rate of return on the outstanding investment. Our finance lease activity primarily relates to leasing of new equipment with the equipment purchase price equal to fair value and therefore there is no selling profit or loss at lease commencement. Lease components are separated from non-lease components that transfer a good or service to the customer, and the non-lease components in our lease contracts are accounted for in accordance with ASC 310 Receivables . BancShares utilizes the operating lease practical expedient for its Rail portfolio leases to not separate non-lease components of railcar maintenance services from associated lease components, and as a result rental income includes the maintenance non-lease component. This practical expedient is available when both of the following are met: (i) the timing and pattern of transfer of the non-lease components and associated lease component are the same and (ii) the lease component, if accounted for separately, would be classified as an operating lease.
Impairment of Operating Lease Equipment	Impairment of Operating Lease Equipment
Lessee Arrangements	Lessee Arrangements BancShares leases certain branch locations, administrative offices, and equipment. Operating lease right of use (“ROU”) assets are included in other assets and the associated lease obligations are included in other liabilities. Finance leases are included in premises and equipment and other borrowings. Refer to Note 12—Borrowings for additional information. Leases with an initial term of 12 months or less are not recorded on the Consolidated Balance Sheets; BancShares instead recognizes lease expense for these leases on a straight-line basis over the lease term. ROU assets represent BancShares' right to use an underlying asset for the lease term and lease liabilities represent BancShares' corresponding obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at commencement date based on the present value of lease payments over the lease term. ROU assets also include initial direct costs and pre-paid lease payments made less any lease incentives received. As most of BancShares' leases do not provide an implicit rate, BancShares uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The incremental borrowing rate is determined using secured rates for new FHLB advances under similar terms as the lease at inception. Most leases include one or more options to renew. The exercise of lease renewal options is at BancShares' sole discretion. When it is reasonably certain BancShares will exercise its option to renew or extend the lease term, the option is included in calculating the value of the ROU asset and lease liability. The depreciable life of assets and leasehold improvements are limited by the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill is defined above in the “Business Combinations” section. BancShares’ evaluates goodwill for impairment annually as of July 31, or more frequently if events occur or circumstances change that may trigger a decline in the value of the reporting unit or otherwise indicate that a potential impairment exists. BancShares applied the acquisition method of accounting for the SVBB Acquisition and CIT Merger and the fair values of the net assets acquired and core deposit intangibles exceeded the purchase price for each transaction. Consequently, there was a gain on acquisition (and no goodwill) related to the SVBB Acquisition and the CIT Merger. Other finite-lived intangible assets, such as core deposit intangibles, are initially recorded at fair value and are amortized over their average estimated useful lives. Intangible assets are evaluated for impairment when events or changes in circumstances indicate a potential impairment exists.
Other Real Estate Owned	Other Real Estate Owned Other Real Estate Owned (“OREO”) includes foreclosed real estate property and closed branch properties. Foreclosed real estate property in OREO is initially recorded at the asset’s estimated fair value less costs to sell. Any excess in the recorded investment in the loan over the estimated fair value less costs to sell is charged-off against the ALLL at the time of foreclosure. If the estimated value of the OREO exceeds the recorded investment of the loan, the difference is recorded as a gain within other income. OREO is subsequently carried at LOCOM less estimated selling costs and is evaluated at least annually. The periodic evaluations are generally based on the appraised value of the property and may include additional adjustments based upon management’s review of the valuation estimate and specific knowledge of the property. Routine maintenance costs, income and expenses related to the operation of the foreclosed asset, subsequent declines in market value and net gains or losses on disposal are included in collection and foreclosure-related expense.
Premises and Equipment	Premises and Equipment Premises and equipment are carried at cost less accumulated depreciation. Land is carried at cost. Depreciation expense is generally computed using the straight-line method over the estimated useful lives of the assets. Leasehold improvements and finance lease ROU assets are amortized on a straight-line basis over the lesser of the lease terms or the estimated useful lives of the assets. BancShares reviews premises and equipment for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable, and when an impairment loss is recognized the adjusted carrying amount will be its new cost basis to depreciate over the remaining useful life of the asset.
Derivative Assets and Liabilities	Derivative Assets and Liabilities BancShares manages economic risk and exposure to interest rate and foreign currency risk through derivative transactions in over-the-counter markets with other financial institutions. BancShares also offers derivative products to its customers in order for them to manage their interest rate and currency risks. BancShares does not enter into derivative financial instruments for speculative purposes. Derivatives utilized by BancShares may include swaps, forward settlement contracts, options contracts, and risk participations. A swap agreement is a contract between two parties to exchange cash flows based on specified underlying notional amounts, assets and/or indices. Forward settlement contracts are agreements to buy or sell a quantity of a financial instrument, index, currency or commodity at a predetermined future date, and rate or price. An option contract is an agreement that gives the buyer the right, but not the obligation, to buy or sell an underlying asset from or to another party at a predetermined price or rate over a specific period of time. A risk participation is a financial guarantee, in exchange for a fee, that gives the buyer the right to be made whole in the event of a predefined default event. At inception, BancShares documents all relationships between hedging instruments and hedged items, including effectiveness as well as the risk management objectives and strategies for undertaking various hedges. Upon executing a derivative contract, BancShares designates the derivative as either a qualifying hedge or nonqualifying hedge (defined below). The designation may change based upon management’s reassessment of circumstances. BancShares assesses hedge effectiveness at inception and on an ongoing basis. In order to manage its interest rate exposure, BancShares enters into fair value hedges of certain fixed rate debt and deposits. BancShares recognizes the changes in the fair values of the hedging instrument and hedged item in interest expense for borrowings and deposits in the Consolidated Statements of Income. BancShares also utilizes floating-rate loan portfolio cash flow hedges. The changes in fair value of the hedging instrument in a cash flow hedge are reported in 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. If an accounting hedge (“qualifying 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. Derivatives not designated as hedging instruments (“nonqualifying hedges”) are presented in the Consolidated Balance Sheets in other assets or other liabilities, with resulting gains or losses and periodic interest settlements and other changes in fair value reported in other noninterest income. BancShares provides interest rate derivative contracts to support the business requirements of its customers. The derivative contracts include interest rate swap agreements and interest rate cap and floor agreements wherein BancShares acts as a seller of these derivative contracts to its customers. The carrying amount of these customer derivatives is net of the credit valuation allowance for counterparty credit risk. To mitigate the market risk associated with these customer derivatives, BancShares enters into back-to-back positions with other financial institutions. BancShares has both bought and sold credit protection in the form of participations in interest rate swaps (risk participations). These risk participations were entered into in the ordinary course of business to facilitate customer credit needs. Swap participations where BancShares has sold credit protection have maturities ranging between 2025 and 2048 and may require BancShares to make payment to the counterparty if the customer fails to make payment on any amounts due to the counterparty upon early termination of the swap transaction. BancShares uses foreign currency forward contracts, interest rate swaps, and options to hedge interest rate and foreign currency risks arising from its asset and liability mix. These are treated as economic hedges, which are nonqualifying hedges. All derivative instruments are recorded at their respective fair value. BancShares reports all derivatives on a gross basis in the Consolidated Balance Sheets and does not offset derivative assets and liabilities and cash collateral under master netting agreements except for swap contracts cleared by the Chicago Mercantile Exchange and LCH Clearnet. These swap contracts are accounted as “settled-to-market” and cash variation margin paid or received is characterized as settlement of the derivative exposure. Variation margin balances are offset against the corresponding derivative asset and liability balances on the balance sheet. Fair value is based on dealer quotes, pricing models, discounted cash flow methodologies, or similar techniques for which the determination of fair value may require significant management judgment or estimation. Valuations of derivative assets and liabilities reflect the value of the instrument including BancShares’ and the counterparty’s credit risk. BancShares is exposed to credit risk to the extent that the counterparty fails to perform under the terms of a derivative agreement. Losses related to credit risk would be reflected in other noninterest income. BancShares manages this credit risk by requiring that all derivative transactions entered into as hedges be conducted with counterparties rated investment grade at the initial transaction by nationally recognized rating agencies, and by setting limits on the exposure with any individual counterparty. In addition, pursuant to the terms of the Credit Support Annexes between BancShares and its counterparties, BancShares may be required to post collateral or may be entitled to receive collateral in the form of cash or highly liquid securities depending on the valuation of the derivative instruments as measured on a daily basis. Refer to Note 13—Derivative Financial Instruments for additional information. Foreign Exchange Contracts FCB has foreign exchange forwards and swaps contracts with clients involved in foreign activities, either as the purchaser or seller, depending upon the clients’ needs. These are structured as back-to-back contracts to mitigate the risk of fluctuations in currency rates. The foreign exchange forward contracts are with correspondent banks to economically reduce our foreign exchange exposure related to certain foreign currency denominated instruments. Equity Warrant Assets
Mortgage Servicing Rights	Mortgage Servicing Rights
Fair Values	Fair Values Fair Value Hierarchy BancShares measures the fair value of its financial assets and liabilities in accordance with ASC 820 Fair Value Measurement , which defines fair value, establishes a consistent framework for measuring fair value, and requires disclosures about fair value measurements. BancShares categorizes its financial instruments based on the significance of inputs to the valuation techniques according to the following three-tier fair value hierarchy: • Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities that are accessible at the measurement date. Level 1 assets and liabilities include equity securities that are traded in an active exchange market. • Level 2 - Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include certain commercial loans, debt and equity securities with quoted prices that are traded less frequently than exchange-traded instruments or using a third-party pricing service, borrowings, time deposits, deposits with no stated maturity, securities sold under customer repurchase agreements and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. •
Per Share Data	Per Share Data
Income Taxes	Income Taxes Income taxes are accounted for using the asset and liability approach as prescribed in ASC 740, Income Taxes . Under this method, a deferred tax asset (“DTA”) or deferred tax liability (“DTL”) is determined based on the currently enacted tax rates applicable to the period in which the differences between the financial statement carrying amounts and tax basis of existing assets and liabilities are expected to be reported in BancShares’ income tax returns. The effect on deferred taxes of a change in tax rates is recognized in income in the period which includes the enactment date. BancShares has adopted the portfolio approach for purposes of releasing residual tax effects within AOCI. BancShares has unrecognized tax benefits (“UTBs”) related to the uncertain portion of tax positions BancShares has taken or expects to take. The potential impact of current events on the estimates used to establish income tax expenses and income tax liabilities is continually monitored and evaluated. Income tax positions based on current tax law, positions taken by various tax auditors within the jurisdictions where income tax returns are filed, as well as potential or pending audits or assessments by such tax auditors are evaluated on a periodic basis. BancShares files a consolidated federal income tax return and various combined and separate company state tax returns.
Bank-Owned Life Insurance	Bank-Owned Life Insurance
Defined Benefit Pension Plans and Other Postretirement Benefits	Defined Benefit Pension Plans and Other Postretirement Benefits
Stock-Based Compensation	Stock-Based Compensation All previously issued stock-based compensation awards vested during 2024 and there are no unvested RSUs as of December 31, 2024. The fair value of the RSUs issued in the CIT Merger was determined based on the closing share price of the Parent Company’s Class A common stock on the CIT Merger Date. The fair value of the RSUs was (i) included in the purchase price consideration for the portion related to employee services provided prior to completion of the CIT Merger and (ii) recognized in expenses for the portion related to employee services to be provided after completion of the CIT Merger.
Common Stock Repurchases	Common Stock Repurchases Repurchased common stock is immediately retired upon repurchase, resulting in a reduction to common stock at par value. The excess cost of repurchased common stock over the par amount is recorded as a reduction to additional paid in capital. Direct costs, including excise taxes, are included in the cost of the repurchased shares.
Revenue Recognition	Revenue Recognition Interest income on held for investment loans is recognized using the effective interest method or on a basis approximating a level rate of return over the life of the asset. Interest income includes components of accretion of the fair value discount on loans and lease receivables recorded in connection with purchase accounting adjustments, which are accreted using the effective interest method as a yield adjustment over the remaining contractual term of the loan and recorded in interest income. If the loan is subsequently classified as held for sale, accretion (amortization) of the discount (premium) will cease. Interest income on loans held for investment and held for sale is included in interest and fees on loans in the Consolidated Statements of Income. Interest on investment securities and interest on interest-earning deposits at banks is recognized in interest income on an accrual basis. Amortization of premiums and accretion of discounts for investment securities are included in interest on investment securities. Dividends received from marketable equity securities are recognized within interest on investment securities. BancShares generally acts in a principal capacity, on its own behalf, in its contracts with customers. In these transactions, BancShares recognizes revenues and the related costs to generate those revenues on a gross basis. In certain, circumstances, BancShares acts in an agent capacity, on behalf of the customers with other entities, and recognizes revenues and the related costs to provide BancShares' services on a net basis. BancShares acts as an agent when providing certain cardholder and merchant, insurance, investment management, and brokerage services. Descriptions of our noninterest revenue-generating activities are summarized below: Rental income on operating lease equipment – Rental income is recognized on a straight-line basis over the lease term for lease contract fixed payments and is included in noninterest income. Rental income also includes variable lease income which is recognized as earned. The accrual of rental income on operating leases is suspended when the collection of substantially all rental payments is no longer probable and rental income for such leases is recognized when cash payments are received. In the period we conclude that collection of rental payments is no longer probable, accrued but uncollected rental revenue is reversed against rental income. Lending-related fees – These include, but are not limited to, fees on lines and letters of credit, capital market-related fees and commercial loan service fees. The performance obligation is fulfilled and revenue is recognized at the point in time the requested service is provided to the customer. Deposit fees and service charges – These deposit account-related fees and service charges include monthly account maintenance and transaction-based service fees, such as overdraft fees, stop payment fees and charges for issuing cashier’s checks and money orders. Other fees include, but are not limited to, internet banking fees, wire transfer fees, and safe deposit fees. For account maintenance services, revenue is recognized at the end of the statement period when BancShares' performance obligation has been satisfied. Other revenues from transaction-based services are recognized at a point in time when the performance obligation has been completed. Client investment fees – These are earned from discretionary investment management and related transaction-based services. For discretionary investment management services, revenue is recognized monthly based on the clients’ assets under management. Transaction-based fees are earned when transactions are executed. Amounts paid to third-party providers are not reflected in the transaction price because FCB is an agent for such services. Wealth management services – These primarily represent sales commissions on various product offerings, transaction fees and trust and asset management fees. The performance obligation for wealth management services is the provision of services to place annuity products issued by the counterparty to investors and the provision of services to manage the client’s assets, including brokerage custodial and other management services. Revenue from wealth management services is recognized over the period in which services are performed, and is based on a percentage of the value of the assets under management/administration. International fees – These primarily include foreign exchange fees. Foreign exchange fees represent the difference between foreign currency's purchase and sale price in spot contracts. These fees are recognized when contracts are executed with our clients. Fees related to other foreign exchange contracts are recognized outside the scope of ASC 606, Revenue from Contracts with Customers , because they are considered derivatives. Factoring commissions – These are earned in the Commercial Bank segment and generally correlate with factoring volumes, principally in the retail sectors. Factoring commissions are charged as a percentage of the invoice amount of the receivables assigned to BancShares. The volume of factoring activity and the commission rates charged impact factoring commission income earned. Factoring commissions are deferred and recognized as income over time based on the underlying terms of the assigned receivables. Refer to Commercial Loans and Leases section for additional commentary on factoring. Cardholder and Merchant Services – These represent interchange fees from customer debit and credit card transactions earned when a cardholder engages in a transaction with a merchant as well as fees charged to merchants for providing them the ability to accept and process the debit and credit card transaction. Revenue is recognized when the performance obligation has been satisfied, which is upon completion of the card transaction. As BancShares is acting as an agent for the customer and transaction processor, costs associated with cardholder and merchant services transactions are netted against the fee income. Insurance commissions – These include revenue from insurance on equipment leased to customers, which is recognized over the policy period. We also earn commissions on the issuance of insurance products and services. The commission performance obligation is generally satisfied upon the issuance of the insurance policy and revenue is recognized when the commission payment is remitted by the insurance carrier or policy holder depending on whether the billing is performed by BancShares or the carrier. Realized gain (loss) on sale of investment securities, net – This reflects the net gain or loss realized from sales based on the difference between sales price and amortized cost. Fair value adjustments on marketable equity securities, net – This reflects changes in market prices of underlying portfolio investments. Gain on sale of leasing equipment, net – These are recognized upon completion of sale (sale closing) and transfer of title. The gain is determined based on sales price less book carrying value (net of accumulated depreciation). Other noninterest income – This consists of several forms of recurring revenue, such as FHLB dividends and BOLI income. For the remaining transactions, revenue is recognized when, or as, the performance obligation is satisfied. Other items include derivative gains and losses, gain on sales of other assets including OREO, fixed assets and loans, and non-marketable securities.
Newly Adopted Accounting Standards	Newly Adopted Accounting Standards As of January 1, 2024, BancShares adopted the following Accounting Standards Updates (“ASUs”) issued by FASB: ASU No. 2023-07 - Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, Issued November 2023 This ASU requires disclosure of the title and position of the chief operating decision maker (“CODM”) and the significant segment expenses that are regularly provided to the CODM. Our CODM is the Chief Executive Officer. We qualitatively and quantitatively assessed the segment expense items that are regularly provided to the CODM and identified significant segment expenses. Net income is the primary measure of segment profit or loss and is determined in accordance with the measurement principles most consistent with GAAP, which is required for BancShares’ Consolidated Statements of Income. The CODM periodically reviews comparisons to forecasts and recent prior periods for segment net income to evaluate segment financial performance and determine where to deploy capital, liquidity, and human resources and develop strategies for loan and deposit volumes, fee-based products and services, and expense management. Refer to Note 22—Segment Information for the segment reporting tables, which include significant segment expenses and the measure of segment profit or loss the CODM uses to assess the financial performance and decide how to allocate resources to each segment, as well as a qualitative description of the components of all other noninterest expense. 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 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 9—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)	12 Months Ended
	Dec. 31, 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) $ 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 of $3.36 billion recorded in the SVBB Acquisition. 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 at SVBB Acquisition Date 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)	12 Months Ended
	Dec. 31, 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 December 31, 2024 and 2023: Amortized Cost and Fair Value - Investment Securities dollars in millions December 31, 2024 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 13,897 $ 33 $ (27) $ 13,903 Government agency 79 — (2) 77 Residential mortgage-backed securities 16,161 41 (582) 15,620 Commercial mortgage-backed securities 3,869 7 (210) 3,666 Corporate bonds 489 — (22) 467 Municipal bonds 17 — — 17 Total investment securities available for sale $ 34,512 $ 81 $ (843) $ 33,750 Investment in marketable equity securities $ 79 $ 27 $ (5) $ 101 Investment securities held to maturity U.S. Treasury $ 483 $ — $ (31) $ 452 Government agency 1,489 — (115) 1,374 Residential mortgage-backed securities 4,558 2 (682) 3,878 Commercial mortgage-backed securities 3,407 — (678) 2,729 Supranational securities 300 — (33) 267 Other 2 — — 2 Total investment securities held to maturity $ 10,239 $ 2 $ (1,539) $ 8,702 Total investment securities $ 44,830 $ 110 $ (2,387) $ 42,553 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 December 31, 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 $ 5,090 $ 5,086 $ 5,674 $ 5,658 After one through five years 8,945 8,949 4,996 4,959 After five through 10 years 346 330 408 369 After 10 years 22 22 17 16 Government agency 79 77 120 117 Residential mortgage-backed securities 16,161 15,620 7,154 6,686 Commercial mortgage-backed securities 3,869 3,666 2,319 2,131 Total investment securities available for sale $ 34,512 $ 33,750 $ 20,688 $ 19,936 Investment securities held to maturity Non-amortizing securities maturing in: One year or less $ 429 $ 419 $ 27 $ 26 After one through five years 1,299 1,208 1,636 1,508 After five through 10 years 546 468 622 533 Residential mortgage-backed securities 4,558 3,878 4,205 3,561 Commercial mortgage-backed securities 3,407 2,729 3,489 2,875 Total investment securities held to maturity $ 10,239 $ 8,702 $ 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 Year Ended December 31, 2024 2023 2022 Interest income - taxable investment securities $ 1,344 $ 642 $ 352 Interest income - nontaxable investment securities 1 4 — Dividend income - marketable equity securities 2 2 2 Interest on investment securities $ 1,347 $ 648 $ 354
Schedule of Realized Losses	The following table presents the gross realized losses on the sales of investment securities available for sale. Realized Gains and Losses on Debt Securities Available For Sale dollars in millions Year Ended December 31, 2024 2023 2022 Gross realized gains on sales of investment securities available for sale $ 1 $ — $ — Gross realized losses on sales of investment securities available for sale (1) (26) — Net realized losses on sales of investment securities available for sale $ — $ (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 December 31, 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 $ 3,791 $ (12) $ 981 $ (15) $ 4,772 $ (27) Government agency — — 77 (2) 77 (2) Residential mortgage-backed securities 7,470 (61) 3,575 (521) 11,045 (582) Commercial mortgage-backed securities 1,183 (8) 1,342 (202) 2,525 (210) Corporate bonds 16 — 438 (22) 454 (22) Total $ 12,460 $ (81) $ 6,413 $ (762) $ 18,873 $ (843) 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)	12 Months Ended
	Dec. 31, 2024
Receivables [Abstract]
Schedule of Loans by Class	Loans by Class dollars in millions December 31, 2024 December 31, 2023 Commercial Commercial construction $ 5,109 $ 3,918 Owner occupied commercial mortgage 16,842 15,471 Non-owner occupied commercial mortgage 16,194 14,995 Commercial and industrial 31,640 29,794 Leases 2,014 2,054 Total commercial 71,799 66,232 Consumer Residential mortgage 23,152 22,776 Revolving mortgage 2,567 2,165 Consumer auto 1,523 1,442 Consumer other 986 1,176 Total consumer 28,228 27,559 SVB Global fund banking 27,904 25,553 Investor dependent - early stage 997 1,403 Investor dependent - growth stage 2,196 2,897 Innovation C&I and cash flow dependent 9,097 9,658 Total SVB 40,194 39,511 Total loans and leases $ 140,221 $ 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 December 31, 2024 December 31, 2023 Deferred fees, including unamortized costs and unearned fees on non-PCD loans $ (91) $ (72) Net unamortized discount on acquired loans Non-PCD $ 1,504 $ 1,860 PCD 94 176 Total net unamortized discount $ 1,598 $ 2,036
Schedule of Loans and Leases Delinquency Status and Nonaccrual Status	The aging and nonaccrual status of the outstanding loans and leases by class at December 31, 2024 and December 31, 2023 are 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 and Nonaccrual Status (1) (2) dollars in millions December 31, 2024 Accruing Loans 30-59 Days 60-89 Days 90 Days or Total Current Total Accruing Nonaccrual Loans Total Commercial Commercial construction $ 21 $ 1 $ 1 $ 23 $ 5,077 $ 5,100 $ 9 $ 5,109 Owner occupied commercial mortgage 30 9 2 41 16,739 16,780 62 16,842 Non-owner occupied commercial mortgage 43 27 78 148 15,621 15,769 425 16,194 Commercial and industrial 118 39 16 173 31,182 31,355 285 31,640 Leases 33 11 2 46 1,937 1,983 31 2,014 Total commercial 245 87 99 431 70,556 70,987 812 71,799 Consumer Residential mortgage 172 27 7 206 22,798 23,004 148 23,152 Revolving mortgage 20 4 — 24 2,519 2,543 24 2,567 Consumer auto 12 3 — 15 1,500 1,515 8 1,523 Consumer other 5 3 3 11 974 985 1 986 Total consumer 209 37 10 256 27,791 28,047 181 28,228 SVB Global fund banking — — — — 27,904 27,904 — 27,904 Investor dependent - early stage 8 1 — 9 947 956 41 997 Investor dependent - growth stage 2 — — 2 2,148 2,150 46 2,196 Innovation C&I and cash flow dependent 52 1 — 53 8,940 8,993 104 9,097 Total SVB 62 2 — 64 39,939 40,003 191 40,194 Total loans and leases $ 516 $ 126 $ 109 $ 751 $ 138,286 $ 139,037 $ 1,184 $ 140,221 December 31, 2023 Accruing Loans 30-59 Days 60-89 Days 90 Days or Total Current Total Accruing Nonaccrual Loans Total Commercial Commercial construction $ 43 $ 8 $ 1 $ 52 $ 3,864 $ 3,916 $ 2 $ 3,918 Owner occupied commercial mortgage 19 2 8 29 15,382 15,411 60 15,471 Non-owner occupied commercial mortgage 97 160 39 296 14,288 14,584 411 14,995 Commercial and industrial 152 41 59 252 29,348 29,600 194 29,794 Leases 51 13 7 71 1,952 2,023 31 2,054 Total commercial 362 224 114 700 64,834 65,534 698 66,232 Consumer Residential mortgage 125 25 4 154 22,495 22,649 127 22,776 Revolving mortgage 13 2 — 15 2,129 2,144 21 2,165 Consumer auto 9 2 — 11 1,426 1,437 5 1,442 Consumer other 8 3 3 14 1,161 1,175 1 1,176 Total consumer 155 32 7 194 27,211 27,405 154 27,559 SVB Global fund banking — — — — 25,553 25,553 — 25,553 Investor dependent - early stage 8 9 2 19 1,347 1,366 37 1,403 Investor dependent - growth stage — 1 — 1 2,859 2,860 37 2,897 Innovation C&I and cash flow dependent 27 3 — 30 9,585 9,615 43 9,658 Total SVB 35 13 2 50 39,344 39,394 117 39,511 Total loans and leases $ 552 $ 269 $ 123 $ 944 $ 131,389 $ 132,333 $ 969 $ 133,302 (1) Accrued interest that was reversed when the loan went to nonaccrual status was $14 million for the twelve months ended December 31, 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 December 31, 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 (year ended December 31, 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 $ 12 $ — $ — $ — $ 12 Owner occupied commercial mortgage 51 3 — — 54 Non-owner occupied commercial mortgage 220 5 — — 225 Commercial and industrial 130 1 1 33 165 Total commercial 413 9 1 33 456 Consumer Residential mortgage 8 2 1 3 14 Revolving mortgage 9 — — 1 10 Total consumer 17 2 1 4 24 SVB Investor dependent - early stage 29 11 — — 40 Investor dependent - growth stage 59 — — — 59 Innovation C&I and cash flow dependent 122 — — — 122 Total SVB 210 11 — — 221 Total loans and leases $ 640 $ 22 $ 2 $ 37 $ 701 Modified Loans Payment Status (year ended December 31, 2023) dollars in millions Current 30–59 Days Past Due 60–89 Days Past Due 90 Days or Greater Past Due Total Commercial Commercial construction $ 4 $ — $ — $ — $ 4 Owner occupied commercial mortgage 17 1 — — 18 Non-owner occupied commercial mortgage 297 — — 1 298 Commercial and industrial 116 3 1 1 121 Total commercial 434 4 1 2 441 Consumer Residential mortgage 12 — 1 1 14 Revolving mortgage 3 — — — 3 Total consumer 15 — 1 1 17 SVB Investor dependent - early stage 22 — — 4 26 Investor dependent - growth stage 36 — — — 36 Innovation C&I and cash flow dependent 39 — — 40 79 Total SVB 97 — — 44 141 Total loans and leases $ 546 $ 4 $ 2 $ 47 $ 599
Schedule of Loans Disaggregated by Year of Origination and by Risk Rating	The following tables summarize the commercial and SVB loans disaggregated by year of origination and by risk rating. The consumer loan delinquency status by year of origination is also presented below. The tables reflect the amortized cost of the loans and include PCD loans. Commercial Loans - Risk Classifications by Class December 31, 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 $ 1,095 $ 1,854 $ 1,276 $ 287 $ 152 $ 52 $ 148 $ — $ 4,864 Special Mention — 80 35 — 7 24 — — 146 Substandard — 8 47 20 7 17 — — 99 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total commercial construction 1,095 1,942 1,358 307 166 93 148 — 5,109 Owner occupied commercial mortgage Pass 2,721 2,445 2,747 2,581 2,199 2,988 223 29 15,933 Special Mention 22 46 70 58 32 61 9 — 298 Substandard 30 34 136 82 73 245 10 1 611 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total owner occupied commercial mortgage 2,773 2,525 2,953 2,721 2,304 3,294 242 30 16,842 Non-owner occupied commercial mortgage Pass 2,879 3,082 2,744 2,041 1,598 2,134 119 3 14,600 Special Mention — 66 293 43 4 86 — — 492 Substandard 12 15 171 39 116 653 — — 1,006 Doubtful — — — — 20 76 — — 96 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 2,891 3,163 3,208 2,123 1,738 2,949 119 3 16,194 Commercial and industrial Pass 9,677 4,862 3,417 2,042 1,101 1,408 6,886 62 29,455 Special Mention 92 53 178 245 25 69 114 — 776 Substandard 61 127 225 106 167 207 274 4 1,171 Doubtful 5 23 35 15 1 18 6 — 103 Ungraded — — — — — — 135 — 135 Total commercial and industrial 9,835 5,065 3,855 2,408 1,294 1,702 7,415 66 31,640 Leases Pass 739 506 300 147 96 46 — — 1,834 Special Mention 13 17 29 5 4 — — — 68 Substandard 21 29 23 13 9 8 — — 103 Doubtful 1 3 2 2 1 — — — 9 Ungraded — — — — — — — — — Total leases 774 555 354 167 110 54 — — 2,014 Total commercial $ 17,368 $ 13,250 $ 11,728 $ 7,726 $ 5,612 $ 8,092 $ 7,924 $ 99 $ 71,799 SVB - Risk Classifications by Class December 31, 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 $ 892 $ 179 $ 147 $ 20 $ 14 $ 12 $ 26,588 $ 36 $ 27,888 Special Mention — — — — — — — — — Substandard — — 5 8 2 — 1 — 16 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total global fund banking 892 179 152 28 16 12 26,589 36 27,904 Investor dependent - early stage Pass 293 201 94 5 — — 97 3 693 Special Mention 8 8 3 — — — — — 19 Substandard 44 83 62 17 — — 41 — 247 Doubtful 15 16 6 — — — 1 — 38 Ungraded — — — — — — — — — Total investor dependent - early stage 360 308 165 22 — — 139 3 997 Investor dependent - growth stage Pass 842 439 258 32 — — 218 — 1,789 Special Mention 9 20 3 — — — 26 — 58 Substandard 78 90 102 14 1 — 20 — 305 Doubtful 11 3 22 5 — — 3 — 44 Ungraded — — — — — — — — — Total investor dependent - growth stage 940 552 385 51 1 — 267 — 2,196 Innovation C&I and cash flow dependent Pass 2,136 1,433 1,205 347 120 — 2,147 5 7,393 Special Mention 53 183 77 57 4 — 89 — 463 Substandard 94 220 389 226 28 — 180 — 1,137 Doubtful — — 7 — — — 97 — 104 Ungraded — — — — — — — — — Total innovation C&I and cash flow dependent 2,283 1,836 1,678 630 152 — 2,513 5 9,097 Total SVB $ 4,475 $ 2,875 $ 2,380 $ 731 $ 169 $ 12 $ 29,508 $ 44 $ 40,194 Consumer Loans - Delinquency Status by Class December 31, 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 $ 2,178 $ 2,968 $ 5,264 $ 5,148 $ 2,913 $ 4,353 $ 4 $ — $ 22,828 30-59 days 3 13 19 23 31 95 — — 184 60-89 days 1 3 5 2 2 28 — — 41 90 days or greater — 4 6 7 9 73 — — 99 Total residential mortgage 2,182 2,988 5,294 5,180 2,955 4,549 4 — 23,152 Revolving mortgage Current — — — — — — 2,420 108 2,528 30-59 days — — — — — — 16 6 22 60-89 days — — — — — — 1 5 6 90 days or greater — — — — — — 3 8 11 Total revolving mortgage — — — — — — 2,440 127 2,567 Consumer auto Current 617 358 277 155 68 27 — — 1,502 30-59 days 3 3 3 2 1 1 — — 13 60-89 days 1 1 1 1 — — — — 4 90 days or greater 1 1 1 1 — — — — 4 Total consumer auto 622 363 282 159 69 28 — — 1,523 Consumer other Current 147 144 99 30 6 18 531 — 975 30-59 days 1 — — — — 1 3 — 5 60-89 days — — 1 — — — 2 — 3 90 days or greater — — — — — 1 2 — 3 Total consumer other 148 144 100 30 6 20 538 — 986 Total consumer $ 2,952 $ 3,495 $ 5,676 $ 5,369 $ 3,030 $ 4,597 $ 2,982 $ 127 $ 28,228 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: Year Ended December 31, 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 $ — $ — $ — $ — $ — $ 12 $ — $ — $ 12 Non-owner occupied commercial mortgage — — — — 36 81 — — 117 Commercial and industrial 17 46 81 19 5 17 63 1 249 Leases 2 6 7 7 3 4 — — 29 Total commercial 19 52 88 26 44 114 63 1 407 Consumer Residential mortgage — — — — — 1 — — 1 Revolving mortgage — — — — — — — 1 1 Consumer auto 1 2 2 1 — — — — 6 Consumer other — 2 1 1 — 1 17 — 22 Total consumer 1 4 3 2 — 2 17 1 30 SVB Investor dependent - early stage — 41 66 18 2 — 7 — 134 Investor dependent - growth stage — 14 37 10 1 6 2 — 70 Innovation C&I and cash flow dependent — 2 — — — 2 12 — 16 Total SVB — 57 103 28 3 8 21 — 220 Total loans and leases $ 20 $ 113 $ 194 $ 56 $ 47 $ 124 $ 101 $ 2 $ 657 Year Ended December 31, 2023 Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2023 2022 2021 2020 2019 2018 & Prior Revolving Total Commercial Owner occupied commercial mortgage $ — $ — $ — $ — $ — $ — $ 1 $ — $ 1 Non-owner occupied commercial mortgage — — — — 66 21 — — 87 Commercial and industrial 31 90 40 53 15 16 55 1 301 Leases 2 10 7 3 2 1 — — 25 Total commercial 33 100 47 56 83 38 56 1 414 Consumer Residential mortgage — — — — — 2 — — 2 Consumer auto 1 1 1 1 — — — — 4 Consumer other 7 1 1 — — — 13 — 22 Total consumer 8 2 2 1 — 2 13 — 28 SVB Investor dependent - early stage 2 30 29 3 — — 11 — 75 Investor dependent - growth stage 22 37 25 12 — — 1 — 97 Innovation C&I and cash flow dependent 6 — — — — — 18 — 24 Total SVB 30 67 54 15 — — 30 — 196 Total loans and leases $ 71 $ 169 $ 103 $ 72 $ 83 $ 40 $ 99 $ 1 $ 638 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 year ended December 31, 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 $ 11 $ 1 $ — $ — $ — $ — $ 12 0.22 % Owner occupied commercial mortgage 37 10 4 1 2 — 54 0.32 Non-owner occupied commercial mortgage 184 6 — 9 26 — 225 1.39 Commercial and industrial 88 31 30 14 2 — 165 0.52 Total commercial 320 48 34 24 30 — 456 0.64 Consumer Residential mortgage 10 — 2 2 — — 14 0.06 Revolving mortgage 9 — — 1 — — 10 0.38 Total consumer 19 — 2 3 — — 24 0.08 SVB Investor dependent - early stage — 27 — — 12 1 40 3.94 Investor dependent - growth stage 7 37 — — 15 — 59 2.67 Innovation C&I and cash flow dependent 55 67 — — — — 122 1.35 Total SVB 62 131 — — 27 1 221 0.55 Total loans and leases $ 401 $ 179 $ 36 $ 27 $ 57 $ 1 $ 701 0.50 % (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 year ended December 31, 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 (2) Total Percent of Total Loan Class Commercial Commercial construction $ 4 $ — $ — $ — $ — $ — $ 4 0.10 % Owner occupied commercial mortgage 16 — 2 — — — 18 0.11 Non-owner occupied commercial mortgage 258 — — 40 — — 298 1.99 Commercial and industrial 106 10 — 5 — — 121 0.41 Total commercial 384 10 2 45 — — 441 0.67 Consumer Residential mortgage 8 — — 3 — 3 14 0.06 Revolving mortgage 2 — — 1 — — 3 0.12 Total consumer 10 — — 4 — 3 17 0.06 SVB Investor dependent - early stage 3 17 — — — 6 26 1.88 Investor dependent - growth stage 8 28 — — — — 36 1.24 Innovation C&I and cash flow dependent 72 — — — 7 — 79 0.81 Total SVB 83 45 — — 7 6 141 0.36 Total loans and leases $ 477 $ 55 $ 2 $ 49 $ 7 $ 9 $ 599 0.45 % (1) Term extensions include modifications in which the balloon principal payment was deferred to a later date or the loan amortization period was extended. (2) Consists of $6 million of Investor dependent - early stage loans modified with a term extension, interest rate reduction, and payment delay as well as $3 million of Residential mortgages modified with a payment delay and interest rate reduction. Financial Effects of Loan Modifications made during the year ended December 31, 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 6 0.60 % 5 $ — Owner occupied commercial mortgage 30 1.42 7 — Non-owner occupied commercial mortgage 20 0.78 40 — Commercial and industrial 23 0.79 9 — Leases 11 — 6 — Total commercial 21 0.84 21 — Consumer Residential mortgage 71 1.89 11 — Revolving mortgage 37 4.27 — — Consumer auto 31 0.53 — — Consumer other 60 9.66 — — Total consumer 56 2.73 11 — SVB Investor dependent - early stage 10 2.75 7 — Investor dependent - growth stage 12 — 8 — Innovation C&I and cash flow dependent 12 — 12 — Total SVB 12 2.75 10 — Total loans and leases 21 1.00 % 13 $ — Financial Effects of Loan Modifications made during the year ended December 31, 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 9 — % — $ — Owner occupied commercial mortgage 17 3.52 — — Non-owner occupied commercial mortgage 12 3.00 — — Commercial and industrial 20 2.04 7 — Leases 16 — — — Total commercial 14 2.93 7 — Consumer Residential mortgage 78 4.13 6 — Revolving mortgage 59 2.81 — — Consumer auto 27 0.69 — — Consumer other 53 9.42 — — Total consumer 74 4.08 6 — SVB Investor dependent - early stage 9 1.00 5 — Investor dependent - growth stage 9 — 5 — Innovation C&I and cash flow dependent 4 — 5 — Total SVB 5 1.00 5 — Total loans and leases 14 2.89 % 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 FRB and FDIC. Loans Pledged dollars in millions December 31, 2024 December 31, 2023 FHLB of Atlanta Lendable collateral value of pledged non-PCD loans $ 17,873 $ 15,072 Less: advances — — Less: letters of credit 1,450 1,450 Available borrowing capacity $ 16,423 $ 13,622 Pledged non-PCD loans $ 30,421 $ 25,370 FRB Lendable collateral value of pledged non-PCD loans $ 5,475 $ 5,115 Less: advances — — Available borrowing capacity $ 5,475 $ 5,115 Pledged non-PCD loans $ 6,309 $ 6,273 FDIC Lendable collateral value of pledged loans $ 41,282 $ 51,179 Less: advances — — Less: Purchase Money Note 35,991 36,072 Available borrowing capacity $ 5,291 $ 15,107 Pledged loans $ 41,040 $ 51,179

ALLOWANCE FOR LOAN AND LEASE _2

ALLOWANCE FOR LOAN AND LEASE LOSSES (Tables)	12 Months Ended
	Dec. 31, 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 Year Ended December 31, 2024 Year Ended December 31, 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 for loan and lease losses 298 8 163 469 651 2 50 703 Total provision for loan and lease losses 298 8 163 469 690 45 430 1,165 Charge-offs (407) (30) (220) (657) (414) (28) (196) (638) Recoveries 46 14 57 117 47 13 18 78 Balance at end of period $ 1,063 $ 158 $ 455 $ 1,676 $ 1,126 $ 166 $ 455 $ 1,747 dollars in millions Year Ended December 31, 2022 Commercial Consumer SVB Total Balance at beginning of period $ 80 $ 98 $ — $ 178 Initial PCD ALLL 258 14 — 272 Day 2 Provision for Loan and Lease Losses 432 22 — 454 Provision (benefit) for loan and lease losses 101 (4) — 97 Total provision for loan and lease losses 533 18 — 551 Charge-offs (126) (20) — (146) Recoveries 44 23 — 67 Balance at end of period $ 789 $ 133 $ — $ 922 The following table presents the components of the provision for credit losses: Provision for Credit Losses dollars in millions Year Ended December 31, 2024 2023 2022 Day 2 Provision for Loan and Lease Losses $ — $ 462 $ 454 Provision for loan and lease losses 469 703 97 Total provision for loan and lease losses 469 1,165 551 Day 2 Provision for Off-Balance Sheet Credit Exposure — 254 59 (Benefit) provision from off-balance sheet credit exposure (38) (44) 35 Total (benefit) provision for off-balance sheet credit exposure (38) 210 94 Provision for credit losses $ 431 $ 1,375 $ 645

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2024 December 31, 2023 Lease assets: Operating lease ROU assets Other assets $ 316 $ 354 Finance leases Premises and equipment 15 9 Total lease assets $ 331 $ 363 Lease liabilities: Operating leases Other liabilities $ 357 $ 396 Finance leases Other borrowings 15 9 Total lease liabilities $ 372 $ 405 Weighted-average remaining lease terms: Operating leases 7.4 years 8.1 years Finance leases 11.7 years 15.4 years Weighted-average discount rate: Operating leases 2.94 % 2.70 % Finance leases 3.96 3.52
Schedule of Net Lease Cost	The following table presents components of lease cost: Components of Net Lease Cost dollars in millions Year Ended December 31, Classification 2024 2023 2022 Operating lease cost (1) Occupancy expense $ 76 $ 64 $ 58 Finance lease ROU asset amortization Equipment expense 2 2 2 Variable lease cost (2) Occupancy expense 28 25 12 Sublease income Occupancy expense (6) (3) (2) Net lease cost (1), (2) $ 100 $ 88 $ 70 (1) In addition, approximately $34 million and $6 million related to subleases or closures of leased real estate were included in acquisition-related expenses in the Consolidated Statements of Income for the years ended December 31, 2023 and December 31, 2022, respectively. (2) Includes short-term lease cost.
Schedule of Supplemental Cash Flow Information	The following table presents supplemental cash flow information related to leases: Supplemental Cash Flow Information dollars in millions Year Ended December 31, 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 77 $ 63 $ 54 Financing cash flows from finance leases 2 2 2 ROU assets obtained in exchange for new operating lease liabilities 28 69 19 ROU assets obtained in exchange for new finance lease liabilities 8 4 5
Schedule of Operating Lease Liability Maturities	The following table presents lease liability maturities at December 31, 2024: Maturity of Lease Liabilities dollars in millions Operating Leases Finance Leases Total 2025 68 3 71 2026 67 3 70 2027 56 2 58 2028 42 1 43 2029 37 1 38 Thereafter 124 10 134 Total undiscounted lease payments 394 20 414 Difference between undiscounted cash flows and discounted cash flows 37 5 42 Lease liabilities, at present value 357 15 372
Schedule of Finance Lease Liability Maturities	The following table presents lease liability maturities at December 31, 2024: Maturity of Lease Liabilities dollars in millions Operating Leases Finance Leases Total 2025 68 3 71 2026 67 3 70 2027 56 2 58 2028 42 1 43 2029 37 1 38 Thereafter 124 10 134 Total undiscounted lease payments 394 20 414 Difference between undiscounted cash flows and discounted cash flows 37 5 42 Lease liabilities, at present value 357 15 372
Schedule of Net Book Value of Assets Subject to Leases	The following table provides the net book value of operating lease equipment (net of accumulated depreciation of $941 million at December 31, 2024, which includes $4 million of impairment on operating lease equipment, and $658 million at December 31, 2023) by equipment type. Operating Lease Equipment dollars in millions December 31, 2024 December 31, 2023 Railcars and locomotives (1) $ 8,573 $ 7,966 Other equipment 750 780 Total (1) $ 9,323 $ 8,746 (1) Includes off-lease rail equipment of $219 million at December 31, 2024 and $253 million at December 31, 2023.
Schedule of Net Investment In Finance Leases	The following table presents the components of the finance lease net investment on a discounted basis: Components of Net Investment in Finance Leases dollars in millions December 31, 2024 December 31, 2023 Lease receivables $ 1,764 $ 1,780 Unguaranteed residual assets 235 262 Total net investment in finance leases 1,999 2,042 Leveraged lease net investment (1) 15 13 Total $ 2,014 $ 2,055 (1) Leveraged leases are reported net of non-recourse debt of $2 million at December 31, 2024 and $5 million at December 31, 2023. Our leveraged lease arrangements commenced before the ASC 842, Leases, effective date of January 1, 2019, and continue to be reported under the leveraged lease accounting model. ASC 842 eliminated leveraged lease accounting for new leases and for existing leases modified on or after the standard’s effective date.
Schedule of Operating Lease Income	The table that follows presents lease income related to BancShares’ operating and finance leases: Lease Income dollars in millions Year Ended December 31, 2024 2023 2022 Lease income – operating leases $ 966 $ 895 $ 796 Variable lease income – operating leases (1) 82 76 68 Rental income on operating leases 1,048 971 864 Interest income – sales type and direct financing leases 175 171 169 Variable lease income included in other noninterest income (2) 61 59 51 Interest income – leveraged leases 4 12 20 Total lease income $ 1,288 $ 1,213 $ 1,104 (1) Primarily includes per diem railcar operating lease rental income earned on a time or mileage usage basis. (2)
Schedule of Maturity Analysis of Operating Lease Payments	The following tables present lease payments due on non-cancellable operating leases and lease receivables due on finance leases at December 31, 2024. Excluded from these tables are variable lease payments, including rentals calculated based on asset usage levels, rentals from future renewal and re-leasing activity, and expected sales proceeds from remarketing equipment at lease expiration, all of which are components of lease profitability. Maturity Analysis of Operating Lease Payments dollars in millions 2025 $ 864 2026 713 2027 543 2028 361 2029 216 Thereafter 348 Total $ 3,045
Schedule of Maturity Analysis of Sales-type and Direct Financing Leases	Maturity Analysis of Lease Receivable Payments - Sales Type and Direct Financing Leases dollars in millions 2025 $ 741 2026 541 2027 360 2028 205 2029 94 Thereafter 48 Total undiscounted lease receivables $ 1,989 Difference between undiscounted cash flows and discounted cash flows 225 Lease receivables, at present value $ 1,764

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Schedule of Premises and Equipment	Major classifications of premises and equipment at December 31, 2024 and 2023 are summarized as follows: dollars in millions Useful Life (years) December 31, 2024 December 31, 2023 Land indefinite $ 407 $ 403 Premises and leasehold improvements 3 - 30 1,598 1,609 Furniture, equipment and software 2 - 15 1,629 1,260 Total 3,634 3,272 Less accumulated depreciation and amortization 1,628 1,395 Premises and equipment, net $ 2,006 $ 1,877

GOODWILL AND CORE DEPOSIT INT_2

GOODWILL AND CORE DEPOSIT INTANGIBLES (Tables)	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Core Deposit Intangible Assets	The following tables summarize the activity for core deposit intangibles: Core Deposit Intangibles Year Ended December 31, dollars in millions 2024 2023 Balance at beginning of period, net of accumulated amortization $ 312 $ 140 Core deposit intangibles related to the SVBB Acquisition — 230 Less: amortization for the period 63 58 Balance at end of period, net of accumulated amortization $ 249 $ 312 The following table summarizes the accumulated amortization balance for core deposit intangibles: Core Deposit Intangible Accumulated Amortization dollars in millions December 31, 2024 December 31, 2023 Gross balance $ 501 $ 501 Less: accumulated amortization 252 189 Balance, net of accumulated amortization $ 249 $ 312
Schedule of Core Deposit Intangible Assets, Future Amortization Expense	The following table summarizes the expected amortization expense as of December 31, 2024 in subsequent periods for core deposit intangibles: Core Deposit Intangible Expected Amortization dollars in millions 2025 $ 54 2026 46 2027 39 2028 34 2029 30 Thereafter 46 Balance, net of accumulated amortization $ 249
Schedule of Finite-Lived Intangible Liabilities	The following tables summarize the activity for the intangible liability: Intangible Liability Year Ended December 31, dollars in millions 2024 2023 Balance at January 1 $ 24 $ 36 Amortization (6) (12) Balance at December 31, net of accumulated amortization $ 18 $ 24 The following tables summarize the accumulated amortization balance for the intangible liability: Intangible Liability Accumulated Amortization dollars in millions December 31, 2024 December 31, 2023 Gross balance $ 52 $ 52 Accumulated amortization (34) (28) Balance, net of accumulated amortization $ 18 $ 24
Schedule of Finite-Lived Intangible Liabilities, Future Amortization Expense	The following table summarizes the expected amortization as of December 31, 2024 in subsequent annual periods for the intangible liability: Intangible Liability Amortization dollars in millions 2025 $ 4 2026 3 2027 3 2028 2 2029 2 Thereafter 4 $ 18

VARIABLE INTEREST ENTITIES (Tab

VARIABLE INTEREST ENTITIES (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2024 December 31, 2023 Affordable housing tax credit investments $ 2,357 $ 1,887 Other tax credit equity investments 2 3 Total tax credit equity investments $ 2,359 $ 1,890 Other unconsolidated investments 157 162 Total affordable housing tax credit and other unconsolidated investments (maximum loss exposure) (1) $ 2,516 $ 2,052 Liabilities for commitments to fund tax credit investments (2) $ 1,214 $ 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 Year Ended December 31, 2024 2023 2022 Amortization of affordable housing tax credit investments (1) $ 237 $ 169 $ 60 Tax credits from affordable housing tax credit investments (231) (157) (60) Other tax benefits from affordable housing tax credit investments (56) (29) (17) Net income tax benefit from affordable housing tax credit investments (2) $ (50) $ (17) $ (17) (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) Net income tax benefit impact is included in net income in cash flows from operating activities on the Consolidated Statements of Cash Flows. Changes in income taxes payable are reported in the net change in other liabilities as an adjustment to reconcile net income to net cash provided by operating activities. Refer to Note 1—Significant Accounting Policies and Basis of Presentation for additional information on accounting for VIEs, including PAM.

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2024 December 31, 2023 Affordable housing tax credit and other unconsolidated investments (1) $ 2,516 $ 2,052 Accrued interest receivable 902 832 Fair value of derivative financial instruments 660 640 Pension and other retirement plan assets 658 568 Right of use assets for operating leases, net 316 354 Income tax receivable 505 209 Counterparty receivables 69 114 Bank-owned life insurance 106 105 Nonmarketable equity securities 127 103 Other real estate owned 56 58 Mortgage servicing rights 27 25 Federal Home Loan Bank stock 20 20 Other 778 777 Total other assets $ 6,740 $ 5,857 (1) Refer to Note 9—Variable Interest Entities for additional information.

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2024
Statistical Disclosure for Banks [Abstract]
Schedule of Deposit Liabilities Type	The following table provides detail on deposit types: Deposit Types dollars in millions December 31, 2024 December 31, 2023 Noninterest-bearing demand $ 38,633 $ 39,799 Checking with interest 25,343 23,754 Money market 35,722 30,625 Savings 42,278 35,244 Time 13,253 16,432 Total deposits $ 155,229 $ 145,854
Schedule of Time Deposit Maturities	At December 31, 2024, the scheduled maturities of time deposits were: Deposit Maturities dollars in millions Twelve months ended December 31, 2025 $ 12,724 2026 445 2027 39 2028 23 2029 22 Thereafter — Total time deposits $ 13,253

BORROWINGS (Tables)

BORROWINGS (Tables)	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Schedule of Long-term Borrowings	The following table presents long-term borrowings, net of the respective unamortized purchase accounting adjustments and issuance costs, at December 31, 2024 and 2023: Long-term Borrowings dollars in millions Maturity December 31, 2024 December 31, 2023 Parent Company: Subordinated: Fixed-to-Floating subordinated notes at 3.375% March 2030 $ 350 $ 349 Junior subordinated debentures (FCB/SC Capital Trust II) (1) June 2034 — 18 Subsidiaries: Senior: Senior unsecured fixed-to-floating rate notes at 2.969% (2) September 2025 — 318 Fixed senior unsecured notes at 6.00% April 2036 58 59 Subordinated: Fixed subordinated notes at 6.125% March 2028 445 460 Fixed-to-Fixed subordinated notes at 4.125% (3) November 2029 — 101 Junior subordinated debentures (SCB Capital Trust I) (1) April 2034 — 10 Secured: Purchase Money Note to FDIC fixed at 3.50% (4) March 2028 35,816 35,846 Capital lease obligations Maturities through May 2057 15 8 Total long-term borrowings $ 36,684 $ 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 year ended December 31, 2024. (2) Included a callable feature one year prior to maturity and the debt was redeemed in September 2024. (3) Included an optional redemption feature five years prior to maturity which was exercised in November 2024. (4) Issued in connection with the SVBB Acquisition and secured by collateral. Refer to Note 2—Business Combinations and Note 4—Loans and Leases.
Schedule of Maturities of Long-Term Debt	Contractual maturities of long-term borrowings (borrowings with original maturities of more than one year) at December 31, 2024 are included in the following table. Long-term Borrowings Maturities dollars in millions Year Ended December 31, (1) 2025 $ (36) 2026 (39) 2027 (39) 2028 36,380 2029 1 Thereafter 417 Total long-term borrowings $ 36,684 (1) Amounts in this table include amortization and accretion of purchase accounting adjustments based on the scheduled periods of recognition.

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 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) 3,500 1 — — — — Total derivatives designated as hedging instruments $ 4,584 $ 1 $ — $ 815 $ — $ — Derivatives not designated as hedging instruments (Non-qualifying hedges) Interest rate contracts (1) (4) $ 26,235 $ 491 $ (516) $ 24,548 $ 530 $ (518) Foreign exchange contracts (2) 7,843 152 (108) 9,142 104 (117) Other contracts (3) 1,316 16 (1) 983 6 (1) Total derivatives not designated as hedging instruments $ 35,394 $ 659 $ (625) $ 34,673 $ 640 $ (636) Gross derivatives fair values presented in the Consolidated Balance Sheets $ 660 $ (625) $ 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 660 (625) 640 (636) Less: amounts subject to master netting agreements (5) (48) 48 (97) 97 Less: cash collateral pledged (received) subject to master netting agreements (6) (539) 2 (405) 39 Total net derivative fair value $ 73 $ (575) $ 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 $177 million and $0 million, respectively, as of December 31, 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, the derivative asset and liability fair values in the table above are presented net of the variation margin payments. Therefore, the gross derivative assets and liabilities were “netted down” by $83 million and $22 million, respectively, at December 31, 2024, which includes $14 million and $0 million relating to qualifying hedges, respectively. Gross derivative assets and liabilities were “netted down” 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 December 31, 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) 3,500 1 — — — — Total derivatives designated as hedging instruments $ 4,584 $ 1 $ — $ 815 $ — $ — Derivatives not designated as hedging instruments (Non-qualifying hedges) Interest rate contracts (1) (4) $ 26,235 $ 491 $ (516) $ 24,548 $ 530 $ (518) Foreign exchange contracts (2) 7,843 152 (108) 9,142 104 (117) Other contracts (3) 1,316 16 (1) 983 6 (1) Total derivatives not designated as hedging instruments $ 35,394 $ 659 $ (625) $ 34,673 $ 640 $ (636) Gross derivatives fair values presented in the Consolidated Balance Sheets $ 660 $ (625) $ 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 660 (625) 640 (636) Less: amounts subject to master netting agreements (5) (48) 48 (97) 97 Less: cash collateral pledged (received) subject to master netting agreements (6) (539) 2 (405) 39 Total net derivative fair value $ 73 $ (575) $ 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 $177 million and $0 million, respectively, as of December 31, 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, the derivative asset and liability fair values in the table above are presented net of the variation margin payments. Therefore, the gross derivative assets and liabilities were “netted down” by $83 million and $22 million, respectively, at December 31, 2024, which includes $14 million and $0 million relating to qualifying hedges, respectively. Gross derivative assets and liabilities were “netted down” 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 Year Ended December 31, Interest Expense 2024 2023 2022 Gain on hedging instruments - time deposits Deposits $ — $ — $ — (Loss) gain on hedging instruments - borrowings Borrowings (4) 4 — Loss on hedged item - time deposits Deposits (1) — — Gain (loss) on hedged item - borrowings Borrowings 3 (5) — Net loss on fair value hedges Total interest expense $ (2) $ (1) $ — The following table presents the carrying value of hedged items and associated cumulative hedging adjustment related to fair value hedges: Carrying Value of Hedged Items 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 December 31, 2024 Long-term borrowings $ 795 $ 2 $ — Deposits 335 1 — 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 Year Ended December 31, Amounts Recognized 2024 2023 2022 Interest rate contracts Other noninterest income $ 22 $ 32 $ 12 Foreign currency forward contracts Other noninterest income 59 (8) 20 Other contracts Other noninterest income 2 1 1 Total non-qualifying hedges - income statement impact $ 83 $ 25 $ 33
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: Unrealized Gain on Cash Flow Hedges dollars in millions Year Ended December 31, 2024 2023 2022 Other comprehensive income on cash flow hedge derivatives before reclassifications $ 11 $ — $ — Amounts reclassified from AOCI to earnings — — — Other comprehensive income on cash flow hedge derivatives $ 11 $ — $ —
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 December 31, 2024 December 31, 2023 Unrealized gain on cash flow hedge derivatives reported in AOCI, net of income taxes $ 8 $ — Estimate to be reclassified from AOCI to earnings during the next 12 months, net of income taxes (1) $ 7 $ — Maximum number of months over which forecasted cash flows are hedged 24 — (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)	12 Months Ended
	Dec. 31, 2024
Other Liabilities Disclosure [Abstract]
Schedule of Other Liabilities	The following table includes the components of other liabilities: Other Liabilities dollars in millions December 31, 2024 December 31, 2023 Deferred taxes (1) $ 3,534 $ 3,579 Commitments to fund tax credit investments 1,214 947 Accrued personnel cost 1,024 924 Fair value of derivative financial instruments 625 636 Lease liabilities 357 396 Reserve for off-balance sheet credit exposure 278 316 Accrued interest payable 134 137 Accounts payable and other 1,030 971 Total other liabilities $ 8,196 $ 7,906 (1) Primarily includes deferred taxes associated with the SVBB Acquisition as further discussed in Note 2—Business Combinations. Also includes UTB accruals as further discussed in Note 20—Income Taxes.

FAIR VALUE (Tables)

FAIR VALUE (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2024 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 13,903 $ — $ 13,903 $ — Government agency 77 — 77 — Residential mortgage-backed securities 15,620 — 15,620 — Commercial mortgage-backed securities 3,666 — 3,666 — Corporate bonds 467 — 299 168 Municipal bonds 17 — 17 — Total investment securities available for sale $ 33,750 $ — $ 33,582 $ 168 Marketable equity securities 101 48 53 — Loans held for sale 55 — 55 — Derivative assets (1) Total qualifying hedge assets $ 1 $ — $ 1 $ — Interest rate contracts — non-qualifying hedges $ 491 $ — $ 490 $ 1 Foreign exchange contracts — non-qualifying hedges 152 — 152 — Other derivative contracts — non-qualifying hedges 16 — — 16 Total non-qualifying hedge assets $ 659 $ — $ 642 $ 17 Total derivative assets $ 660 $ — $ 643 $ 17 Liabilities Derivative liabilities (1) Interest rate contracts — qualifying hedges $ — $ — $ — $ — Interest rate contracts — non-qualifying hedges $ 516 $ — $ 516 $ — Foreign exchange contracts — non-qualifying hedges 108 — 108 — Other derivative contracts — non-qualifying hedges 1 — — 1 Total non-qualifying hedge liabilities $ 625 $ — $ 624 $ 1 Total derivative liabilities $ 625 $ — $ 624 $ 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 December 31, 2024 December 31, 2023 Assets Corporate bonds $ 168 $ 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 $ 17 $ 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 Year Ended December 31, 2024 Year Ended December 31, 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 — 9 — — 6 — Changes in fair value included in earnings (1) 2 — — 1 — Changes in fair value included in comprehensive income 12 — — (8) — — Transfers in — — — — — 1 Maturity and settlements — (1) — (9) — — Ending balance $ 168 $ 17 $ 1 $ 157 $ 7 $ 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 Year Ended December 31, 2024 Year Ended December 31, 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 — 9 — — 6 — Changes in fair value included in earnings (1) 2 — — 1 — Changes in fair value included in comprehensive income 12 — — (8) — — Transfers in — — — — — 1 Maturity and settlements — (1) — (9) — — Ending balance $ 168 $ 17 $ 1 $ 157 $ 7 $ 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: Aggregate Fair Value and UPB - Residential Mortgage Loans dollars in millions December 31, 2024 December 31, 2023 Fair Value Unpaid Principal Balance Difference Fair Value Unpaid Principal Balance Difference Originated loans held for sale $ 55 $ 54 $ 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) December 31, 2024 Assets held for sale - loans $ 13 $ — $ — $ 13 $ (7) Loans - collateral dependent loans 388 — — 388 (171) Other real estate owned 16 — — 16 6 Total $ 417 $ — $ — $ 417 $ (172) 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 December 31, 2024 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 814 $ 814 $ — $ — $ 814 Interest-earning deposits at banks 21,364 21,364 — — 21,364 Securities purchased under agreements to resell 158 — 158 — 158 Investment in marketable equity securities 101 48 53 — 101 Investment securities available for sale 33,750 — 33,582 168 33,750 Investment securities held to maturity 10,239 — 8,702 — 8,702 Loans held for sale 82 — 55 27 82 Net loans 136,567 — 1,463 133,409 134,872 Accrued interest receivable 902 — 902 — 902 Federal Home Loan Bank stock 20 — 20 — 20 Mortgage servicing rights 27 — — 47 47 Derivative assets - qualifying hedges 1 — 1 — 1 Derivative assets - non-qualifying hedges 659 — 642 17 659 Financial Liabilities Deposits with no stated maturity 141,976 — 141,976 — 141,976 Time deposits 13,253 — 13,247 — 13,247 Credit balances of factoring clients 1,016 — — 1,016 1,016 Securities sold under customer repurchase agreements 367 — 367 — 367 Long-term borrowings 36,669 — 36,220 — 36,220 Accrued interest payable 134 — 134 — 134 Derivative liabilities - qualifying hedges — — — — — Derivative liabilities - non-qualifying hedges 625 — 624 1 625 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)	12 Months Ended
	Dec. 31, 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 December 31, 2024 December 31, 2023 Outstanding Outstanding Class A Class B Class A Class B Common stock - beginning of period 13,514,933 1,005,185 13,501,017 1,005,185 Shares purchased under authorized repurchase plan (814,641) — — — Restricted stock units vested, net of shares held to cover taxes 12,144 — 13,916 — Common stock - end of period 12,712,436 1,005,185 13,514,933 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 (1) 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% (1) Upon conversion to SOFR in 2023, BancShares began paying a credit spread adjustment in addition to the stated dividend.

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
Schedule of Accumulated Other Comprehensive (Loss) Income	The following table details the components of AOCI: Components of Accumulated Other Comprehensive (Loss) Income dollars in millions December 31, 2024 December 31, 2023 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Unrealized loss on securities available for sale $ (762) $ 178 $ (584) $ (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 182 (47) 135 122 (31) 91 Unrealized gain on cash flow hedge derivatives 11 (3) 8 — — — Total accumulated other comprehensive loss $ (575) $ 130 $ (445) $ (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 (7) — 44 8 45 Amounts reclassified from AOCI to earnings — 1 — — 1 Other comprehensive (loss) income for the period (7) 1 44 8 46 Balance as of December 31, 2024 $ (584) $ (4) $ 135 $ 8 $ (445) Balance as of December, 31, 2022 $ (739) $ (6) $ 10 $ — $ (735) AOCI activity before reclassifications 143 — 81 — 224 Amounts reclassified from AOCI to earnings 19 1 — — 20 Other comprehensive income for the period 162 1 81 — 244 Balance as of December 31, 2023 $ (577) $ (5) $ 91 $ — $ (491) Other Comprehensive Income (Loss) by Component dollars in millions Year Ended December 31, 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 $ (10) $ 3 $ (7) $ 194 $ (51) $ 143 Amounts reclassified from AOCI to earnings — — — 26 (7) 19 Realized loss on sale of investment securities, net Other comprehensive (loss) income on securities available for sale $ (10) $ 3 $ (7) $ 220 $ (58) $ 162 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: Actuarial gain $ 60 $ (16) $ 44 $ 109 $ (28) $ 81 Unrealized gain on cash flow hedge derivatives: AOCI activity before reclassifications $ 11 $ (3) $ 8 $ — $ — $ — Amounts reclassified from AOCI to earnings — — — — — — Interest and fees on loans Other comprehensive income on cash flow hedge derivatives $ 11 $ (3) $ 8 $ — $ — $ — Total other comprehensive income $ 62 $ (16) $ 46 $ 330 $ (86) $ 244

REGULATORY CAPITAL (Tables)

REGULATORY CAPITAL (Tables)	12 Months Ended
	Dec. 31, 2024
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of Compliance with Regulatory Capital Requirements	The following table includes the Basel III requirements for regulatory capital ratios. Basel III Minimums Basel III Conservation Buffers Basel III Requirements Regulatory capital ratios Total risk-based capital 8.00 % 2.50 % 10.50 % Tier 1 risk-based capital 6.00 2.50 8.50 Common equity Tier 1 4.50 2.50 7.00 Tier 1 leverage 4.00 — 4.00 dollars in millions December 31, 2024 December 31, 2023 Basel III Requirements PCA Well Capitalized Thresholds Amount Ratio Amount Ratio BancShares Total risk-based capital 10.50 % 10.00 % $ 24,610 15.04 % $ 23,891 15.75 % Tier 1 risk-based capital 8.50 8.00 22,137 13.53 21,150 13.94 Common equity Tier 1 7.00 6.50 21,256 12.99 20,270 13.36 Tier 1 leverage 4.00 5.00 22,137 9.90 21,150 9.83 FCB Total risk-based capital 10.50 % 10.00 % $ 23,975 14.66 % $ 23,600 15.56 % Tier 1 risk-based capital 8.50 8.00 21,852 13.37 21,227 13.99 Common equity Tier 1 7.00 6.50 21,852 13.37 21,227 13.99 Tier 1 leverage 4.00 5.00 21,852 9.78 21,227 9.88

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	12 Months Ended
	Dec. 31, 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 Year Ended December 31, 2024 2023 2022 Net income $ 2,777 $ 11,466 $ 1,098 Preferred stock dividends 61 59 50 Net income available to common stockholders $ 2,716 $ 11,407 $ 1,048 Weighted average common shares outstanding Basic shares outstanding 14,341,872 14,527,902 15,531,924 Stock-based awards 783 11,711 18,020 Diluted shares outstanding 14,342,655 14,539,613 15,549,944 Earnings per common share Basic $ 189.42 $ 785.14 $ 67.47 Diluted $ 189.41 $ 784.51 $ 67.40

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Provision (Benefit)	The provision (benefit) for income taxes for the year ended December 31, 2024, 2023 and 2022 is comprised of the following: Provision (Benefit) for Income Taxes dollars in millions Year Ended December 31 2024 2023 2022 Current U.S. federal income tax provision $ 649 $ 400 $ 58 Deferred U.S. federal income tax provision / (benefit) 68 46 170 Total federal income tax provision 717 446 228 Current state and local income tax provision 157 372 4 Deferred state and local income tax (benefit) / provision (71) (222) 23 Total state and local income tax provision 86 150 27 Total non-U.S. income tax provision 12 15 9 Total provision for income taxes $ 815 $ 611 $ 264
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation from the U.S. Federal statutory rate to BancShares’ actual effective income tax rate for the year ended December 31, 2024, 2023 and 2022 is presented below. Income tax expense (benefit) includes, if applicable, federal, state and foreign taxes. Percentage of Pretax Income dollars in millions Effective Income Tax Rate 2024 2023 2022 Pretax Income Income Tax Expense (Benefit) Percentage of Pretax Income Pretax Income Income Tax Expense (Benefit) Percentage of Pretax Income Pretax Income Income Tax Expense (Benefit) Percentage of Pretax Income Federal income taxes and rate $ 3,592 $ 754 21.0 % $ 12,077 $ 2,536 21.0 % 1,362 $ 286 21.0 % Increase (decrease) due to: State and local income taxes, net of federal income tax benefit 118 3.3 % 804 6.7 % 53 3.9 % Gain on acquisition — — % (2,703) (22.4) % (105) (7.7) % Tax credits (44) (1.2) % (26) (0.2) % (20) (1.5) % Effect of BOLI surrender — — % — — % 48 3.5 % Adjustment to unrecognized tax benefits 44 1.2 % 2 — % — — % Deferred tax liability adjustment (78) (2.2) % 11 0.1 % (8) (0.6) % Difference in tax rates applicable to non-U.S. earnings 1 — % 1 — % 1 0.1 % Valuation allowances (11) (0.3) % (40) (0.3) % (5) (0.4) % Other 31 0.9 % 26 0.2 % 14 1.1 % Provision for income taxes and effective income tax rate $ 815 22.7 % $ 611 5.1 % $ 264 19.4 %
Schedule of Components of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to deferred income tax assets and liabilities at December 31, 2024 and 2023 are presented below: Components of Deferred Income Tax Assets and Liabilities dollars in millions 2024 2023 Deferred Tax Assets: Allowance for loan and lease losses $ 500 $ 542 Net unrealized loss on investment securities available for sale 226 235 Deferred compensation 128 152 Capitalized costs 110 75 Lease liabilities 84 115 Tax credits 79 21 Net operating loss carry forwards 76 118 Accrued liabilities and reserves 53 104 Other 59 63 Total gross deferred tax assets 1,315 1,425 Deferred Tax Liabilities: Basis difference in loans (2,243) (2,598) Operating leases (1,847) (1,729) Loans and direct financing leases (329) (260) Pension assets (129) (110) Right of use assets for operating leases (73) (110) Other (149) (169) Total deferred tax liabilities (4,770) (4,976) Total net deferred tax liability before valuation allowances (3,455) (3,551) Less: valuation allowances (17) (28) Net deferred tax liability after valuation allowances $ (3,472) $ (3,579)
Schedule of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of UTBs is as follows: Unrecognized Tax Benefits December 31, 2024 December 31, 2023 December 31, 2022 dollars in millions Liabilities for Unrecognized Tax Benefits Interest / Penalties Total Total Total Balance at beginning of period $ 28 $ 3 $ 31 $ 30 $ 31 Effect of CIT Merger — — — — 6 Additions for tax positions related to current year 8 — 8 — — Additions for tax positions related to prior years 42 6 48 5 1 Reductions for tax positions of prior years — — — — (2) Expiration of statutes of limitations (1) — (1) (2) (1) Settlements — — — (2) (5) Balance at end of period $ 77 $ 9 $ 86 $ 31 $ 30
Summary of Income Tax Audits	The table below presents the earliest tax years that remain subject to examination by major jurisdiction. Jurisdiction December 31, 2024 U.S. Federal 2021 New York State and City 2015 North Carolina 2016 California 2017 Canada 2017

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
Schedule of Changes in Projected Benefit Obligations, Plan Assets And Funded Status	The following table provides the changes in benefit obligations, assets and the funded status of the Plans at December 31, 2024 and 2023. Obligations and Funded Status dollars in millions Retirement Plans 2024 2023 Change in benefit obligation Projected benefit obligation at January 1 $ 1,169 $ 1,115 Service cost 10 9 Interest cost 59 61 Actuarial (gain) loss (30) 50 Benefits paid (68) (66) Projected benefit obligation at December 31 1,140 1,169 Change in plan assets Fair value of plan assets at January 1 1,589 1,404 Actual return on plan assets 121 245 Employer contributions 6 6 Benefits paid (68) (66) Fair value of plan assets at December 31 1,648 1,589 Funded status at December 31 $ 508 $ 420 Information for retirement plans with a benefit obligation in excess of plan assets Projected and accumulated benefit obligations $ 49 $ 54 Reported in Consolidated Balance Sheets Funded Pension Plans (other assets) 557 474 Unfunded Supplemental and Executive Retirement Plans (other liabilities) (49) (54) Net funded status of Retirement Plans $ 508 $ 420
Schedule of Amounts Recognized in Accumulated Other Comprehensive (Loss) Income	The following table details the amounts recognized in accumulated other comprehensive income, before income taxes, at December 31, 2024 and 2023. Refer to Note 17—Accumulated Other Comprehensive (Loss) Income for additional information. dollars in millions Retirement Plans 2024 2023 Net actuarial gain $ 182 $ 122
Schedule of Net Benefit Costs	The following table shows the components of periodic benefit cost related to the Plans and changes in assets and benefit obligations of the Plans recognized in other comprehensive income, before income taxes, for the years ended December 31, 2024, 2023 and 2022. Refer to Note 17—Accumulated Other Comprehensive (Loss) Income for additional information. Periodic benefit costs related to Postretirement Plans were less than $1 million for the years ended December 31, 2024 and 2023. Net Periodic Benefit Costs and Other Amounts dollars in millions Retirement Plans Postretirement Plans Year Ended December 31 Year Ended December 31 2024 2023 2022 2022 Service cost $ 10 $ 9 $ 14 $ — Interest cost 59 61 43 — Expected return on assets (91) (85) (87) — Net prior service credit amortization — — — (27) Amortization of net actuarial loss — — 12 — Total net periodic benefit (22) (15) (18) (27) Current year actuarial (gain) loss (60) (109) 33 — Amortization of actuarial loss — — (12) — Current year amortization of prior service cost — — — 27 Amortization of prior service cost — — — (27) Net (gain) loss recognized in other comprehensive income (60) (109) 21 — Total recognized in net periodic benefit cost and other comprehensive income $ (82) $ (124) $ 3 $ (27)
Schedule of Defined Benefit Plan Assumptions	The assumptions used to determine the benefit obligations at December 31, 2024 and 2023 are as follows: Weighted Average Assumptions Retirement Plans 2024 2023 Discount rate 5.69 % 5.17 % Rate of compensation increase 4.60 5.60 Interest crediting rate (1) 4.50 4.00 (1) Specific to cash investments in the CIT Pension Plan. The assumptions used to determine the net periodic benefit cost for the years ended December 31, 2024, 2023 and 2022, are as follows: Weighted Average Assumptions Retirement Plans Postretirement Plans 2024 2023 2022 2022 Discount rate 5.17 % 5.57 % 3.03 % 3.02 % Rate of compensation increase 5.60 5.60 5.60 N/A Expected long-term return on plan assets 6.18 6.14 5.87 N/A Interest crediting rate (1) 4.00 4.25 1.50 N/A (1) Specific to cash investments in the CIT Pension Plan.
Schedule of Fair Value and Allocation of Plan Assets	The following tables summarize the fair values and fair value hierarchy for the assets of the Pension Plans at December 31, 2024 and 2023. Fair Value Measurements dollars in millions December 31, 2024 Market Value Level 1 Level 2 Level 3 Not Classified (1) Weighted Average Target Allocation Pension Plans Actual % Cash and equivalents $ 56 $ 56 $ — $ — $ — —% - 5% 3 % Equity securities 25% - 65% 48 % Common and preferred stock 145 145 — — — Mutual funds 182 182 — — — Exchange traded funds 458 458 — — — Fixed income 30% - 65% 45 % U.S. government and government agency securities 7 — 7 — — Corporate bonds 6 — 6 — — Collective investment funds (fixed income) 736 — — — 736 Alternative investments —% - 30% 4 % Limited partnerships 58 — — — 58 Total pension assets $ 1,648 $ 841 $ 13 $ — $ 794 100 % December 31, 2023 Market Value Level 1 Level 2 Level 3 Not Classified (1) Weighted Average Target Allocation Pension Plans Actual % Cash and equivalents $ 31 $ 31 $ — $ — $ — —% - 5% 2 % Equity securities 25% - 65% 45 % Common and preferred stock 134 134 — — — Mutual funds 126 126 — — — Exchange traded funds 459 459 — — — Fixed income 30% - 65% 50 % U.S. government and government agency securities 17 — 17 — — Corporate bonds 15 — 15 — — Exchange traded funds 13 13 — — — Collective investment funds (fixed income) 753 — — — 753 Alternative investments —% - 30% 3 % Limited partnerships 41 — — — 41 Total pension assets $ 1,589 $ 763 $ 32 $ — $ 794 100 % (1) These investments have been measured using the net asset value per share practical expedient and are not required to be classified in the above tables.
Schedule of Expected Benefit Payments	The following table presents estimated future benefits projected to be paid for the next ten years from the Pension Plans’ assets or from BancShares’ general assets calculated using current actuarial assumptions. Actual benefit payments may differ from projected benefit payments. Projected Benefits dollars in millions Retirement Plans 2025 $ 72 2026 76 2027 79 2028 81 2029 83 2030-2034 435
Schedule of Accrued Liabilities	The following table provides the accrued liability as of December 31, 2024 and 2023, and the changes in the accrued liability during the years then ended: dollars in millions 2024 2023 Accrued liability as of January 1 $ 34 $ 36 Benefit expense and interest cost 3 2 Benefits paid (4) (4) Accrued liability as of December 31 $ 33 $ 34 Discount rate at December 31 4.86 % 5.09 %
Schedule of Nonvested Restricted Stock Units Activity	The following table presents the vesting activity during 2024 and 2023 and the unvested RSUs at December 31, 2023. There were no grants of stock-based compensation awards during 2024 or 2023. The fair value of RSUs that vested and settled in stock during 2024 and 2023 were $31 million and $16 million, respectively. Stock-Settled Awards Outstanding share amounts in whole dollars Stock-Settled Awards Number of Shares Weighted Average Grant Date Value (1) December 31, 2024 Unvested at beginning of period 20,255 $ 859.76 Forfeited / cancelled — 859.76 Vested / settled awards (20,255) 859.76 Unvested at end of period — $ 859.76 December 31, 2023 Unvested at beginning of period 42,989 $ 859.76 Forfeited / cancelled (643) 859.76 Vested / settled awards (22,091) 859.76 Unvested at end of period 20,255 $ 859.76 (1) Represents the share price of BancShares as of the CIT Merger Date.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The following tables present the condensed income statements by segment and include the significant segment expenses and measure of segment profit or loss that are further discussed in Note 1—Significant Accounting Policies and Basis of Presentation. dollars in millions Year Ended December 31, 2024 General Bank Commercial Bank SVB Commercial Rail Corporate (1) BancShares (2) Net interest income (expense) $ 2,980 $ 1,100 $ 2,274 $ (186) $ 975 $ 7,143 Rental income on operating lease equipment — 227 — 821 — 1,048 All other noninterest income 612 315 565 15 60 1,567 Total noninterest income 612 542 565 836 60 2,615 Total revenue 3,592 1,642 2,839 650 1,035 9,758 Depreciation on operating lease equipment — 185 — 209 — 394 Maintenance and other operating lease expenses — — — 219 — 219 Personnel cost 787 233 530 25 1,503 3,078 Acquisition-related expenses — — — — 210 210 All other noninterest expense (3) 1,244 493 1,023 50 (976) 1,834 Total noninterest expense 2,031 911 1,553 503 737 5,735 Provision for credit losses 153 144 134 — — 431 Income before income taxes 1,408 587 1,152 147 298 3,592 Income tax expense (benefit) 362 147 295 36 (25) 815 Net income $ 1,046 $ 440 $ 857 $ 111 $ 323 $ 2,777 Select Period End Balances Loans and leases $ 66,768 $ 33,197 $ 40,194 $ 62 $ — $ 140,221 Operating lease equipment, net — 750 — 8,573 — 9,323 Deposits 73,062 3,283 36,637 18 42,229 155,229 (1) Corporate includes all other financial information that is not included in the reportable segments as further discussed above and in Note 1—Significant Accounting Policies and Basis of Presentation. (2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate. (3) All other noninterest expense represents “other segment items” under ASC 280 and primarily includes Allocated Expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of Allocated Expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above. dollars in millions Year Ended December 31, 2023 General Bank Commercial Bank SVB Commercial Rail Corporate (1) BancShares (2) Net interest income (expense) $ 2,580 $ 1,015 $ 1,647 $ (143) $ 1,613 $ 6,712 Rental income on operating lease equipment — 231 — 740 — 971 All other noninterest income 526 329 430 5 9,814 11,104 Total noninterest income 526 560 430 745 9,814 12,075 Total revenue 3,106 1,575 2,077 602 11,427 18,787 Depreciation on operating lease equipment — 180 — 191 — 371 Maintenance and other operating lease expenses — — — 222 — 222 Personnel cost 725 194 401 22 1,294 2,636 Acquisition-related expenses — — — — 470 470 All other noninterest expense (3) 1,114 450 883 45 (856) 1,636 Total noninterest expense 1,839 824 1,284 480 908 5,335 Provision for credit losses 77 517 65 — 716 1,375 Income before income taxes 1,190 234 728 122 9,803 12,077 Income tax expense 319 69 184 32 7 611 Net income $ 871 $ 165 $ 544 $ 90 $ 9,796 $ 11,466 Select Period End Balances Loans and leases $ 62,832 $ 30,936 $ 39,511 $ 23 $ — $ 133,302 Operating lease equipment, net — 780 — 7,966 — 8,746 Deposits 68,729 3,228 34,730 13 39,154 145,854 (1) Corporate includes all other financial information that is not included in the reportable segments as further discussed above and in Note 1—Significant Accounting Policies and Basis of Presentation. (2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate. (3) All other noninterest expense represents “other segment items” under ASC 280 and primarily includes Allocated Expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of Allocated Expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above. dollars in millions Year Ended December 31, 2022 General Bank Commercial Bank SVB Commercial Rail Corporate (1) BancShares (2) Net interest income (expense) $ 1,830 $ 884 $ — $ (80) $ 312 $ 2,946 Rental income on operating lease equipment — 212 — 652 — 864 All other noninterest income 483 306 — 4 479 1,272 Total noninterest income 483 518 — 656 479 2,136 Total revenue 2,313 1,402 — 576 791 5,082 Depreciation on operating lease equipment — 169 — 176 — 345 Maintenance and other operating lease expenses — — — 189 — 189 Personnel cost 549 171 — 20 668 1,408 Acquisition-related expenses — — — — 231 231 All other noninterest expense (3) 909 405 — 42 (454) 902 Total noninterest expense 1,458 745 — 427 445 3,075 Provision for credit losses 11 121 — — 513 645 Income (loss) before income taxes 844 536 — 149 (167) 1,362 Income tax expense (benefit) 214 128 — 37 (115) 264 Net income (loss) $ 630 $ 408 $ — $ 112 $ (52) $ 1,098 Select Period End Balances Loans and leases $ 43,212 $ 27,491 $ — $ 78 $ — $ 70,781 Operating lease equipment, net — 723 — 7,433 — 8,156 Deposits 67,894 3,219 — 15 18,280 89,408 (1) Corporate includes all other financial information that is not included in the reportable segments as further discussed above and in Note 1—Significant Accounting Policies and Basis of Presentation. (2) In the segment reporting table above, there are no reconciling differences between BancShares and the aggregate of all reportable segments and Corporate. (3) All other noninterest expense represents “other segment items” under ASC 280 and primarily includes Allocated Expenses, net occupancy expense, equipment expense, professional fees, third-party processing fees, FDIC insurance expense, marketing expense, and intangible amortization. All other noninterest expense is presented net of Allocated Expenses in the segment reporting table above, resulting in Contra Expense for Corporate as further discussed above.

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2024 December 31, 2023 Financing Commitments Financing assets (excluding leases) $ 53,250 $ 57,567 Letters of Credit Standby letters of credit 2,188 2,412 Other letters of credit 103 103 Deferred Purchase Agreements 1,802 2,076 Purchase and Funding Commitments (1) 178 685 (1)

PARENT COMPANY FINANCIAL STAT_2

PARENT COMPANY FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Condensed Balance Sheet	Parent Company Condensed Balance Sheets dollars in millions December 31, 2024 December 31, 2023 Assets Cash and due from banks $ 310 $ 200 Interest-earning deposits at banks 1 5 Investment in marketable equity securities 99 82 Note receivable from banking subsidiary 200 — Investment in banking subsidiary 21,932 21,324 Investment in other subsidiaries 97 50 Other assets 75 60 Total assets $ 22,714 $ 21,721 Liabilities and Stockholders' Equity Subordinated debt $ 350 $ 367 Borrowings due to banking subsidiary 44 45 Other liabilities 92 54 Total liabilities 486 466 Stockholders’ equity 22,228 21,255 Total liabilities and stockholders’ equity $ 22,714 $ 21,721
Schedule of Condensed Statements of Income	Parent Company Condensed Statements of Income Year Ended December 31 dollars in millions 2024 2023 2022 Income Dividends from banking subsidiary $ 2,221 $ 367 $ 1,410 Other income (loss) 25 (8) (2) Total income 2,246 359 1,408 Expenses Interest expense 16 22 19 Other expenses 61 40 26 Total expenses 77 62 45 Income before income taxes and equity in undistributed net income of subsidiaries 2,169 297 1,363 Income tax (benefit) expense (22) (14) 44 Income before equity in undistributed net income of subsidiaries 2,191 311 1,319 Equity in undistributed (distributed) net income of subsidiaries 586 11,155 (221) Net income 2,777 11,466 1,098 Preferred stock dividends 61 59 50 Net income available to common stockholders $ 2,716 $ 11,407 $ 1,048
Schedule of Condensed Statements of Cash Flows	Parent Company Condensed Statements of Cash Flows Year Ended December 31 dollars in millions 2024 2023 2022 OPERATING ACTIVITIES Net income $ 2,777 $ 11,466 $ 1,098 Adjustments to reconcile net income to cash provided by operating activities: (Undistributed) distributed net income of subsidiaries (586) (11,155) 221 Deferred tax expense (benefit) 2 (5) 48 Net amortization of premiums and discounts — — 1 Fair value adjustment on marketable equity securities, net (13) 11 6 Stock based compensation expense — 5 19 Realized gain on sale of investment securities, net (6) — — Net change in other assets (15) (17) (3) Net change in other liabilities (5) 3 (2) Other operating activities 3 — — Net cash provided by operating activities 2,157 308 1,388 INVESTING ACTIVITIES Net decrease (increase) in interest-earning deposits at banks 4 (2) 3 Purchase of marketable equity securities (6) — — Proceeds from sale of marketable equity securities 15 — — Note receivable from banking subsidiary (200) — — Net cash paid in acquisition — — (51) Other investing activities (23) — — Net cash used in investing activities (210) (2) (48) FINANCING ACTIVITIES Repayment of other borrowings — — (68) Repayment of subordinated debt (17) (87) — (Repayment) proceeds for borrowings due to banking subsidiary (1) (15) 20 Repurchase of Class A common stock (1,648) — (1,240) Cash dividends paid (158) (117) (83) Other financing activities (13) (6) (24) Net cash used in financing activities (1,837) (225) (1,395) Net change in cash and due from banks 110 81 (55) Cash and due from banks at beginning of year 200 119 174 Cash and due from banks at end of year $ 310 $ 200 $ 119 CASH PAYMENTS (REFUNDS) FOR: Interest $ 15 $ 23 $ 18 Income taxes (1) 470 (536)

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION (Details)	Dec. 31, 2024 USD ($) renewalOption $ / shares	Dec. 31, 2023 $ / shares
Significant Accounting Policies and Basis of Presentation [Line Items]
Allowance for credit loss, individually evaluated loans, threshold	$ 500,000
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Lessee, operating lease, options to renew | renewalOption	1
Class A
Significant Accounting Policies and Basis of Presentation [Line Items]
Common stock, par value (in dollars per share) | $ / shares	$ 1	$ 1
Class B
Significant Accounting Policies and Basis of Presentation [Line Items]
Common stock, par value (in dollars per share) | $ / shares	$ 1	$ 1
Minimum | Rail Equipment
Significant Accounting Policies and Basis of Presentation [Line Items]
Useful Life (years)	40 years
Minimum | Other Equipment
Significant Accounting Policies and Basis of Presentation [Line Items]
Useful Life (years)	3 years
Maximum | Rail Equipment
Significant Accounting Policies and Basis of Presentation [Line Items]
Useful Life (years)	50 years
Maximum | Other Equipment
Significant Accounting Policies and Basis of Presentation [Line Items]
Useful Life (years)	10 years
Investor dependent - early stage
Significant Accounting Policies and Basis of Presentation [Line Items]
Allowance for credit loss, classification threshold	$ 5,000,000
Investor dependent - mid stage | Minimum
Significant Accounting Policies and Basis of Presentation [Line Items]
Allowance for credit loss, classification threshold	5,000,000
Investor dependent - mid stage | Maximum
Significant Accounting Policies and Basis of Presentation [Line Items]
Allowance for credit loss, classification threshold	15,000,000
Investor dependent - later stage | Minimum
Significant Accounting Policies and Basis of Presentation [Line Items]
Allowance for credit loss, classification threshold	$ 15,000,000

BUSINESS COMBINATIONS - Narrati

BUSINESS COMBINATIONS - Narrative (Details) $ / shares in Units, $ in Millions				12 Months Ended
	Apr. 04, 2023 USD ($)	Mar. 27, 2023 USD ($) $ / shares shares	Jan. 03, 2022 $ / shares shares	Dec. 31, 2024 USD ($) $ / shares	Dec. 31, 2023 USD ($) $ / shares	Dec. 31, 2022 USD ($)
Business Acquisition [Line Items]
Net interest income				$ 7,143	$ 6,712	$ 2,946
Noninterest income				2,615	12,075	2,136
Net income				2,777	11,466	1,098
Gain on acquisition				$ 0	$ 9,808	431
Class A
Business Acquisition [Line Items]
Common stock, par value (in dollars per share) | $ / shares				$ 1	$ 1
CIT Group Inc.
Business Acquisition [Line Items]
Common stock, par value (in dollars per share) | $ / shares			$ 0.01
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
SVBB
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) | shares		5,000,000
Cash settled value appreciation instrument issued and issuable, number of shares benchmark (in shares) | shares		1
Number of trading days		2 days
Cash settled value appreciation instrument, threshold amount (in dollars per share) | $ / shares		$ 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					1,950
Noninterest income					478
Net income					$ 530
Gain on acquisition		13,172
SVBB | Non-PCD
Business Acquisition [Line Items]
Loans and leases acquired, FV		66,420
UPB		$ 68,719
SVBB | FDIC Credit Facility
Business Acquisition [Line Items]
FHLB, advances, interest rate		0%
SVBB | Secured Debt | FDIC Credit Facility
Business Acquisition [Line Items]
Basis spread on variable rate		0.25%
SVBB | Purchase Money Note
Business Acquisition [Line Items]
Debt instrument, term		5 years
Debt instrument, face amount		$ 35,000
SVBB | Purchase Money Note | Secured Debt
Business Acquisition [Line Items]
Debt instrument, stated interest rate		3.50%
CIT Group Inc.
Business Acquisition [Line Items]
Gain on acquisition						$ 431
CIT Group Inc. | Class A
Business Acquisition [Line Items]
Common stock, terms of conversion, conversion ratio			0.062
Business acquisition, equity interest Issued or issuable (in shares) | shares			6,100,000

BUSINESS COMBINATIONS - Schedul

BUSINESS COMBINATIONS - Schedule of Business Acquisitions - SVBB Acquisition (Details) - USD ($) $ in Millions		12 Months Ended
	Mar. 27, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Liabilities
Gain on acquisition, before income taxes		$ 0	$ 9,808	$ 431
SVBB
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
SVBB | 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) - SVBB $ 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		12 Months Ended
	Mar. 27, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Discount for loans fair value at acquisition date		$ 0	$ 220	$ 272
SVBB
Business Acquisition [Line Items]
UPB	$ 71,287
Fair value	68,468
SVBB | 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 - SVBB $ in Millions	Mar. 27, 2023 USD ($)
Business Acquisition [Line Items]
Fair Value	$ 230
Estimated Useful Life at SVBB Acquisition Date	8 years

BUSINESS COMBINATIONS - Sched_5

BUSINESS COMBINATIONS - Schedule of Other Assets Acquired (Details) - SVBB $ 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) - SVBB $ 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	Dec. 31, 2024	Dec. 31, 2023
Investment securities available for sale
Amortized Cost	$ 34,512	$ 20,688
Gross Unrealized Gains	81	115
Gross Unrealized Losses	(843)	(867)
Investment securities available for sale	33,750	19,936
Investment in marketable equity securities
Amortized Cost	79	75
Gross Unrealized Gains	27	17
Gross Unrealized Losses	(5)	(8)
Fair Value	101	84
Investment securities held to maturity
Amortized Cost	10,239	9,979
Gross Unrealized Gains	2	0
Gross Unrealized Losses	(1,539)	(1,476)
Fair Value	8,702	8,503
Total investment securities
Amortized Cost	44,830	30,742
Gross Unrealized Gains	110	132
Gross Unrealized Losses	(2,387)	(2,351)
Fair Value	42,553	28,523
U.S. Treasury
Investment securities available for sale
Amortized Cost	13,897	10,554
Gross Unrealized Gains	33	34
Gross Unrealized Losses	(27)	(80)
Investment securities available for sale	13,903	10,508
Investment securities held to maturity
Amortized Cost	483	479
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(31)	(40)
Fair Value	452	439
Government agency
Investment securities available for sale
Amortized Cost	79	120
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(2)	(3)
Investment securities available for sale	77	117
Investment securities held to maturity
Amortized Cost	1,489	1,506
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(115)	(143)
Fair Value	1,374	1,363
Residential mortgage-backed securities
Investment securities available for sale
Amortized Cost	16,161	7,154
Gross Unrealized Gains	41	72
Gross Unrealized Losses	(582)	(540)
Investment securities available for sale	15,620	6,686
Investment securities held to maturity
Amortized Cost	4,558	4,205
Gross Unrealized Gains	2	0
Gross Unrealized Losses	(682)	(644)
Fair Value	3,878	3,561
Commercial mortgage-backed securities
Investment securities available for sale
Amortized Cost	3,869	2,319
Gross Unrealized Gains	7	9
Gross Unrealized Losses	(210)	(197)
Investment securities available for sale	3,666	2,131
Investment securities held to maturity
Amortized Cost	3,407	3,489
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(678)	(614)
Fair Value	2,729	2,875
Corporate bonds
Investment securities available for sale
Amortized Cost	489	529
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(22)	(47)
Investment securities available for sale	467	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	300	298
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(33)	(35)
Fair Value	267	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	12 Months Ended
	Dec. 31, 2024 USD ($) security shares	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jan. 24, 2024 USD ($) shares
Schedule of Investments [Line Items]
Debt securities, available-for-sale, accrued Interest	$ 177,000,000	$ 87,000,000
Debt Securities, held-to-maturity, accrued interest	20,000,000	18,000,000
Write off of accrued interest receivable	$ 0	0
Debt securities, held-to-maturity, threshold period past due	30 days
Securities past due	$ 10,239,000,000	9,979,000,000
Realized gains on marketable equity securities sold	$ 6,000,000	0	$ 0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, number of positions | security	486
Investment securities available for sale, allowance for credit loss	$ 0
Securities, nonaccrual	0	0
Total Past Due
Schedule of Investments [Line Items]
Securities past due	0	0
Asset Pledged as Collateral
Schedule of Investments [Line Items]
Investment securities, aggregate carrying value, pledged as collateral	$ 3,940,000,000	$ 3,770,000,000
Visa, Inc | Class B
Schedule of Investments [Line Items]
Investment owned (in shares) | shares	354
Investment owned, carrying value	$ 0
Visa, Inc | Class B-1
Schedule of Investments [Line Items]
Investment owned (in shares) | shares				354
Investment owned, carrying value				$ 0
Government sponsored enterprise-issued mortgage-backed securities, government agency securities, or U.S. treasury securities
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, number of positions | security	420
Corporate bonds
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, number of positions | security	66

INVESTMENT SECURITIES - Sched_2

INVESTMENT SECURITIES - Schedule of Investment Securities Maturity Information (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Investment securities available for sale
Non-amortizing securities maturing in one year or less, amortized cost	$ 5,090	$ 5,674
Non-amortizing securities maturing in after one through five years, amortized cost	8,945	4,996
Non-amortizing securities maturing in after five through 10 years, amortized cost	346	408
Non-amortizing securities maturing in after 10 years, amortized cost	22	17
Amortized Cost	34,512	20,688
Non-amortizing securities maturing in one year or less, fair value	5,086	5,658
Non-amortizing securities maturing in after one through five years, fair value	8,949	4,959
Non-amortizing securities maturing in after five through 10 years, fair value	330	369
Non-amortizing securities maturing in after 10 years, fair value	22	16
Investment securities available for sale, fair value	33,750	19,936
Investment securities held to maturity
Non-amortizing securities maturing in one year or less, amortized cost	429	27
Non-amortizing securities maturing in after one through five years, amortized cost	1,299	1,636
Non-amortizing securities maturing in after five through 10 years, amortized cost	546	622
Amortized Cost	10,239	9,979
Non-amortizing securities maturing in one year or less, fair value	419	26
Non-amortizing securities maturing in after one through five years, fair value	1,208	1,508
Non-amortizing securities maturing in after five through 10 years, fair value	468	533
Investment securities held to maturity, cost, fair value	8,702	8,503
Government agency
Investment securities available for sale
Without single maturity date, amortized cost	79	120
Without single maturity date, fair value	77	117
Residential mortgage-backed securities
Investment securities available for sale
Without single maturity date, amortized cost	16,161	7,154
Without single maturity date, fair value	15,620	6,686
Investment securities held to maturity
Without single maturity date, amortized cost	4,558	4,205
Without single maturity date, fair value	3,878	3,561
Commercial mortgage-backed securities
Investment securities available for sale
Without single maturity date, amortized cost	3,869	2,319
Without single maturity date, fair value	3,666	2,131
Investment securities held to maturity
Without single maturity date, amortized cost	3,407	3,489
Without single maturity date, fair value	$ 2,729	$ 2,875

INVESTMENT SECURITIES - Sched_3

INVESTMENT SECURITIES - Schedule of Interest and Dividends on Investment Securities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Investments [Abstract]
Interest income - taxable investment securities	$ 1,344	$ 642	$ 352
Interest income - nontaxable investment securities	1	4	0
Dividend income - marketable equity securities	2	2	2
Interest on investment securities	$ 1,347	$ 648	$ 354

INVESTMENT SECURITIES - Sched_4

INVESTMENT SECURITIES - Schedule of Realized Gains and Losses from Available-for-sale Securities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Investments [Abstract]
Gross realized gains on sales of investment securities available for sale	$ 1	$ 0	$ 0
Gross realized losses on sales of investment securities available for sale	(1)	(26)	0
Net realized losses on sales of investment securities available for sale	$ 0	$ (26)	$ 0

INVESTMENT SECURITIES - Sched_5

INVESTMENT SECURITIES - Schedule of Unrealized Losses (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	$ 12,460	$ 1,517
Investment securities available for sale, less than 12 months, unrealized losses	(81)	(13)
Investment securities available for sale, 12 months or more, fair value	6,413	7,865
Investment securities available for sale, 12 months or more, unrealized losses	(762)	(854)
Investment securities available for sale, fair value	18,873	9,382
Investment securities available for sale, unrealized losses	(843)	(867)
U.S. Treasury
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	3,791	955
Investment securities available for sale, less than 12 months, unrealized losses	(12)	0
Investment securities available for sale, 12 months or more, fair value	981	1,919
Investment securities available for sale, 12 months or more, unrealized losses	(15)	(80)
Investment securities available for sale, fair value	4,772	2,874
Investment securities available for sale, unrealized losses	(27)	(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	77	94
Investment securities available for sale, 12 months or more, unrealized losses	(2)	(3)
Investment securities available for sale, fair value	77	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	7,470	293
Investment securities available for sale, less than 12 months, unrealized losses	(61)	(3)
Investment securities available for sale, 12 months or more, fair value	3,575	4,073
Investment securities available for sale, 12 months or more, unrealized losses	(521)	(537)
Investment securities available for sale, fair value	11,045	4,366
Investment securities available for sale, unrealized losses	(582)	(540)
Commercial mortgage-backed securities
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	1,183	157
Investment securities available for sale, less than 12 months, unrealized losses	(8)	(1)
Investment securities available for sale, 12 months or more, fair value	1,342	1,386
Investment securities available for sale, 12 months or more, unrealized losses	(202)	(196)
Investment securities available for sale, fair value	2,525	1,543
Investment securities available for sale, unrealized losses	(210)	(197)
Corporate Bonds
Investment securities available for sale
Investment securities available for sale, less than 12 months, fair value	16	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	438	393
Investment securities available for sale, 12 months or more, unrealized losses	(22)	(38)
Investment securities available for sale, fair value	454	482
Investment securities available for sale, unrealized losses	$ (22)	$ (47)

LOANS AND LEASES - Schedule of

LOANS AND LEASES - Schedule of Loans by Class (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 140,221	$ 133,302	$ 70,781
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	71,799	66,232
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5,109	3,918
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,842	15,471
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,194	14,995
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	31,640	29,794
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,014	2,054
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	28,228	27,559
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	23,152	22,776
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,567	2,165
Consumer | Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,523	1,442
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	986	1,176
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	40,194	39,511
SVB | Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27,904	25,553
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	997	1,403
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,196	2,897
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 9,097	$ 9,658

LOANS AND LEASES - Narrative (D

LOANS AND LEASES - Narrative (Details) - USD ($)		12 Months Ended
	Mar. 27, 2023	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, accrued interest receivable		$ 603,000,000	$ 625,000,000
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]		Other assets	Other assets
Financing receivable, amortization of purchase discount		$ 505,000,000	$ 733,000,000
Financing receivable, threshold period past due		30 days
Mortgage servicing rights		$ 64,000,000	62,000,000
Modified loans that subsequently defaulted		62,000,000
Financing receivable, troubled debt restructuring, commitment to lend		55,000,000	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
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		$ 81,000,000	$ 128,000,000

LOANS AND LEASES - Schedule o_2

LOANS AND LEASES - Schedule of Amortized Cost of Loans (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total net unamortized discount	$ 1,598	$ 2,036
Non-PCD
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred fees, including unamortized costs and unearned fees on non-PCD loans	(91)	(72)
Total net unamortized discount	1,504	1,860
PCD
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total net unamortized discount	$ 94	$ 176

LOANS AND LEASES - Schedule o_3

LOANS AND LEASES - Schedule of Loans and Leases Delinquency Status (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 139,037	$ 132,333
Nonaccrual Loans	1,184	969
Loans and leases, net of allowance for loan and lease losses	140,221	133,302
Financing receivable, accrued interest reversed to nonaccrual status	14	10
Financing receivable, nonaccrual without allowance for credit loss	303	138
Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	751	944
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	516	552
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	126	269
90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	109	123
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	138,286	131,389
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	70,987	65,534
Nonaccrual Loans	812	698
Loans and leases, net of allowance for loan and lease losses	71,799	66,232
Commercial | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	431	700
Commercial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	245	362
Commercial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	87	224
Commercial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	99	114
Commercial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	70,556	64,834
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5,100	3,916
Nonaccrual Loans	9	2
Loans and leases, net of allowance for loan and lease losses	5,109	3,918
Commercial | Commercial construction | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	23	52
Commercial | Commercial construction | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	21	43
Commercial | Commercial construction | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	8
Commercial | Commercial construction | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	1
Commercial | Commercial construction | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5,077	3,864
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,780	15,411
Nonaccrual Loans	62	60
Loans and leases, net of allowance for loan and lease losses	16,842	15,471
Commercial | Owner occupied commercial mortgage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	41	29
Commercial | Owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	30	19
Commercial | Owner occupied commercial mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	2
Commercial | Owner occupied commercial mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	8
Commercial | Owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16,739	15,382
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	15,769	14,584
Nonaccrual Loans	425	411
Loans and leases, net of allowance for loan and lease losses	16,194	14,995
Commercial | Non-owner occupied commercial mortgage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	148	296
Commercial | Non-owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	43	97
Commercial | Non-owner occupied commercial mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27	160
Commercial | Non-owner occupied commercial mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	78	39
Commercial | Non-owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	15,621	14,288
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	31,355	29,600
Nonaccrual Loans	285	194
Loans and leases, net of allowance for loan and lease losses	31,640	29,794
Commercial | Commercial and industrial | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	173	252
Commercial | Commercial and industrial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	118	152
Commercial | Commercial and industrial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39	41
Commercial | Commercial and industrial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	16	59
Commercial | Commercial and industrial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	31,182	29,348
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,983	2,023
Nonaccrual Loans	31	31
Loans and leases, net of allowance for loan and lease losses	2,014	2,054
Commercial | Leases | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	46	71
Commercial | Leases | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	33	51
Commercial | Leases | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	11	13
Commercial | Leases | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	7
Commercial | Leases | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,937	1,952
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	28,047	27,405
Nonaccrual Loans	181	154
Loans and leases, net of allowance for loan and lease losses	28,228	27,559
Consumer | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	256	194
Consumer | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	209	155
Consumer | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	37	32
Consumer | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10	7
Consumer | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27,791	27,211
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	23,004	22,649
Nonaccrual Loans	148	127
Loans and leases, net of allowance for loan and lease losses	23,152	22,776
Consumer | Residential mortgage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	206	154
Consumer | Residential mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	172	125
Consumer | Residential mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27	25
Consumer | Residential mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	7	4
Consumer | Residential mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	22,798	22,495
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,543	2,144
Nonaccrual Loans	24	21
Loans and leases, net of allowance for loan and lease losses	2,567	2,165
Consumer | Revolving mortgage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	24	15
Consumer | Revolving mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	20	13
Consumer | Revolving mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4	2
Consumer | Revolving mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer | Revolving mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,519	2,129
Consumer | Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,515	1,437
Nonaccrual Loans	8	5
Loans and leases, net of allowance for loan and lease losses	1,523	1,442
Consumer | Consumer auto | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	15	11
Consumer | Consumer auto | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	12	9
Consumer | Consumer auto | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	2
Consumer | Consumer auto | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer | Consumer auto | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,500	1,426
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	985	1,175
Nonaccrual Loans	1	1
Loans and leases, net of allowance for loan and lease losses	986	1,176
Consumer | Consumer other | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	11	14
Consumer | Consumer other | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5	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	3	3
Consumer | Consumer other | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	974	1,161
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	40,003	39,394
Nonaccrual Loans	191	117
Loans and leases, net of allowance for loan and lease losses	40,194	39,511
SVB | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	64	50
SVB | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	62	35
SVB | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	13
SVB | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	2
SVB | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39,939	39,344
SVB | Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27,904	25,553
Nonaccrual Loans	0	0
Loans and leases, net of allowance for loan and lease losses	27,904	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	27,904	25,553
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	956	1,366
Nonaccrual Loans	41	37
Loans and leases, net of allowance for loan and lease losses	997	1,403
SVB | Investor dependent - early stage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	19
SVB | Investor dependent - early stage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8	8
SVB | Investor dependent - early stage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	9
SVB | Investor dependent - early stage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	2
SVB | Investor dependent - early stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	947	1,347
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,150	2,860
Nonaccrual Loans	46	37
Loans and leases, net of allowance for loan and lease losses	2,196	2,897
SVB | Investor dependent - growth stage | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	1
SVB | Investor dependent - growth stage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	0
SVB | Investor dependent - growth stage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	1
SVB | Investor dependent - growth stage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | Investor dependent - growth stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,148	2,859
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8,993	9,615
Nonaccrual Loans	104	43
Loans and leases, net of allowance for loan and lease losses	9,097	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	53	30
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	52	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	1	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	0	0
SVB | Innovation C&I and cash flow dependent | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 8,940	$ 9,585

LOANS AND LEASES - Schedule o_4

LOANS AND LEASES - Schedule of Loans Disaggregated by Year of Origination and by Risk Rating (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 140,221	$ 133,302	$ 70,781
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	17,368	16,239
Term loans by origination year, year two	13,250	13,688
Term loans by origination year, year three	11,728	9,909
Term loans by origination year, year four	7,726	7,192
Term loans by origination year, year five	5,612	4,877
Prior year	8,092	6,505
Revolving	7,924	7,746
Revolving Converted to Term Loans	99	76
Total loans and leases	71,799	66,232
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1,095	1,062
Term loans by origination year, year two	1,942	1,672
Term loans by origination year, year three	1,358	631
Term loans by origination year, year four	307	338
Term loans by origination year, year five	166	110
Prior year	93	62
Revolving	148	39
Revolving Converted to Term Loans	0	4
Total loans and leases	5,109	3,918
Commercial | Commercial construction | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1,095	1,062
Term loans by origination year, year two	1,854	1,615
Term loans by origination year, year three	1,276	620
Term loans by origination year, year four	287	226
Term loans by origination year, year five	152	63
Prior year	52	57
Revolving	148	39
Revolving Converted to Term Loans	0	4
Total loans and leases	4,864	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	80	10
Term loans by origination year, year three	35	6
Term loans by origination year, year four	0	81
Term loans by origination year, year five	7	47
Prior year	24	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	146	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	8	47
Term loans by origination year, year three	47	5
Term loans by origination year, year four	20	31
Term loans by origination year, year five	7	0
Prior year	17	5
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	99	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	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 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	2,773	2,577
Term loans by origination year, year two	2,525	2,969
Term loans by origination year, year three	2,953	3,025
Term loans by origination year, year four	2,721	2,556
Term loans by origination year, year five	2,304	1,754
Prior year	3,294	2,355
Revolving	242	204
Revolving Converted to Term Loans	30	31
Total loans and leases	16,842	15,471
Commercial | Owner occupied commercial mortgage | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2,721	2,544
Term loans by origination year, year two	2,445	2,859
Term loans by origination year, year three	2,747	2,902
Term loans by origination year, year four	2,581	2,467
Term loans by origination year, year five	2,199	1,666
Prior year	2,988	2,107
Revolving	223	193
Revolving Converted to Term Loans	29	31
Total loans and leases	15,933	14,769
Commercial | Owner occupied commercial mortgage | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	22	26
Term loans by origination year, year two	46	19
Term loans by origination year, year three	70	24
Term loans by origination year, year four	58	28
Term loans by origination year, year five	32	43
Prior year	61	72
Revolving	9	1
Revolving Converted to Term Loans	0	0
Total loans and leases	298	213
Commercial | Owner occupied commercial mortgage | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	30	7
Term loans by origination year, year two	34	91
Term loans by origination year, year three	136	99
Term loans by origination year, year four	82	61
Term loans by origination year, year five	73	45
Prior year	245	176
Revolving	10	10
Revolving Converted to Term Loans	1	0
Total loans and leases	611	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	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	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	2,891	3,148
Term loans by origination year, year two	3,163	3,243
Term loans by origination year, year three	3,208	2,274
Term loans by origination year, year four	2,123	2,096
Term loans by origination year, year five	1,738	1,751
Prior year	2,949	2,389
Revolving	119	91
Revolving Converted to Term Loans	3	3
Total loans and leases	16,194	14,995
Commercial | Non-owner occupied commercial mortgage | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2,879	3,132
Term loans by origination year, year two	3,082	3,150
Term loans by origination year, year three	2,744	2,212
Term loans by origination year, year four	2,041	1,860
Term loans by origination year, year five	1,598	1,148
Prior year	2,134	1,930
Revolving	119	80
Revolving Converted to Term Loans	3	3
Total loans and leases	14,600	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	66	45
Term loans by origination year, year three	293	33
Term loans by origination year, year four	43	96
Term loans by origination year, year five	4	171
Prior year	86	90
Revolving	0	9
Revolving Converted to Term Loans	0	0
Total loans and leases	492	458
Commercial | Non-owner occupied commercial mortgage | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	12	2
Term loans by origination year, year two	15	48
Term loans by origination year, year three	171	27
Term loans by origination year, year four	39	127
Term loans by origination year, year five	116	365
Prior year	653	330
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,006	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	20	67
Prior year	76	39
Revolving	0	2
Revolving Converted to Term Loans	0	0
Total loans and leases	96	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	9,835	8,671
Term loans by origination year, year two	5,065	5,247
Term loans by origination year, year three	3,855	3,645
Term loans by origination year, year four	2,408	1,966
Term loans by origination year, year five	1,294	1,160
Prior year	1,702	1,655
Revolving	7,415	7,412
Revolving Converted to Term Loans	66	38
Total loans and leases	31,640	29,794
Commercial | Commercial and industrial | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	9,677	8,472
Term loans by origination year, year two	4,862	4,858
Term loans by origination year, year three	3,417	3,347
Term loans by origination year, year four	2,042	1,660
Term loans by origination year, year five	1,101	952
Prior year	1,408	1,351
Revolving	6,886	6,818
Revolving Converted to Term Loans	62	34
Total loans and leases	29,455	27,492
Commercial | Commercial and industrial | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	92	105
Term loans by origination year, year two	53	134
Term loans by origination year, year three	178	149
Term loans by origination year, year four	245	89
Term loans by origination year, year five	25	69
Prior year	69	26
Revolving	114	194
Revolving Converted to Term Loans	0	0
Total loans and leases	776	766
Commercial | Commercial and industrial | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	61	92
Term loans by origination year, year two	127	236
Term loans by origination year, year three	225	144
Term loans by origination year, year four	106	217
Term loans by origination year, year five	167	127
Prior year	207	258
Revolving	274	264
Revolving Converted to Term Loans	4	4
Total loans and leases	1,171	1,342
Commercial | Commercial and industrial | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	5	2
Term loans by origination year, year two	23	19
Term loans by origination year, year three	35	5
Term loans by origination year, year four	15	0
Term loans by origination year, year five	1	12
Prior year	18	20
Revolving	6	13
Revolving Converted to Term Loans	0	0
Total loans and leases	103	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	135	123
Revolving Converted to Term Loans	0	0
Total loans and leases	135	123
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	774	781
Term loans by origination year, year two	555	557
Term loans by origination year, year three	354	334
Term loans by origination year, year four	167	236
Term loans by origination year, year five	110	102
Prior year	54	44
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	2,014	2,054
Commercial | Leases | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	739	732
Term loans by origination year, year two	506	499
Term loans by origination year, year three	300	290
Term loans by origination year, year four	147	209
Term loans by origination year, year five	96	91
Prior year	46	35
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,834	1,856
Commercial | Leases | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	13	18
Term loans by origination year, year two	17	22
Term loans by origination year, year three	29	20
Term loans by origination year, year four	5	7
Term loans by origination year, year five	4	4
Prior year	0	1
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	68	72
Commercial | Leases | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	21	28
Term loans by origination year, year two	29	32
Term loans by origination year, year three	23	21
Term loans by origination year, year four	13	19
Term loans by origination year, year five	9	6
Prior year	8	8
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	103	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	2	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	9	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	4,475	4,560
Term loans by origination year, year two	2,875	4,548
Term loans by origination year, year three	2,380	1,632
Term loans by origination year, year four	731	513
Term loans by origination year, year five	169	129
Prior year	12	60
Revolving	29,508	27,996
Revolving Converted to Term Loans	44	73
Total loans and leases	40,194	39,511
SVB | Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	892	453
Term loans by origination year, year two	179	209
Term loans by origination year, year three	152	49
Term loans by origination year, year four	28	39
Term loans by origination year, year five	16	14
Prior year	12	3
Revolving	26,589	24,720
Revolving Converted to Term Loans	36	66
Total loans and leases	27,904	25,553
SVB | Global fund banking | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	892	453
Term loans by origination year, year two	179	202
Term loans by origination year, year three	147	40
Term loans by origination year, year four	20	36
Term loans by origination year, year five	14	14
Prior year	12	3
Revolving	26,588	24,702
Revolving Converted to Term Loans	36	66
Total loans and leases	27,888	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	360	481
Term loans by origination year, year two	308	617
Term loans by origination year, year three	165	140
Term loans by origination year, year four	22	7
Term loans by origination year, year five	0	1
Prior year	0	1
Revolving	139	154
Revolving Converted to Term Loans	3	2
Total loans and leases	997	1,403
SVB | Investor dependent - early stage | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	293	421
Term loans by origination year, year two	201	453
Term loans by origination year, year three	94	85
Term loans by origination year, year four	5	4
Term loans by origination year, year five	0	1
Prior year	0	0
Revolving	97	99
Revolving Converted to Term Loans	3	2
Total loans and leases	693	1,065
SVB | Investor dependent - early stage | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	8	8
Term loans by origination year, year two	8	14
Term loans by origination year, year three	3	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	19	23
SVB | Investor dependent - early stage | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	44	40
Term loans by origination year, year two	83	138
Term loans by origination year, year three	62	51
Term loans by origination year, year four	17	3
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	41	51
Revolving Converted to Term Loans	0	0
Total loans and leases	247	283
SVB | Investor dependent - early stage | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	15	12
Term loans by origination year, year two	16	12
Term loans by origination year, year three	6	3
Term loans by origination year, year four	0	0
Term loans by origination year, year five	0	0
Prior year	0	1
Revolving	1	4
Revolving Converted to Term Loans	0	0
Total loans and leases	38	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	940	1,106
Term loans by origination year, year two	552	1,196
Term loans by origination year, year three	385	320
Term loans by origination year, year four	51	32
Term loans by origination year, year five	1	9
Prior year	0	2
Revolving	267	227
Revolving Converted to Term Loans	0	5
Total loans and leases	2,196	2,897
SVB | Investor dependent - growth stage | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	842	1,034
Term loans by origination year, year two	439	967
Term loans by origination year, year three	258	217
Term loans by origination year, year four	32	25
Term loans by origination year, year five	0	8
Prior year	0	2
Revolving	218	198
Revolving Converted to Term Loans	0	5
Total loans and leases	1,789	2,456
SVB | Investor dependent - growth stage | Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	9	6
Term loans by origination year, year two	20	25
Term loans by origination year, year three	3	0
Term loans by origination year, year four	0	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	58	31
SVB | Investor dependent - growth stage | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	78	66
Term loans by origination year, year two	90	192
Term loans by origination year, year three	102	83
Term loans by origination year, year four	14	7
Term loans by origination year, year five	1	1
Prior year	0	0
Revolving	20	27
Revolving Converted to Term Loans	0	0
Total loans and leases	305	376
SVB | Investor dependent - growth stage | Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	11	0
Term loans by origination year, year two	3	12
Term loans by origination year, year three	22	20
Term loans by origination year, year four	5	0
Term loans by origination year, year five	0	0
Prior year	0	0
Revolving	3	2
Revolving Converted to Term Loans	0	0
Total loans and leases	44	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	2,283	2,520
Term loans by origination year, year two	1,836	2,526
Term loans by origination year, year three	1,678	1,123
Term loans by origination year, year four	630	435
Term loans by origination year, year five	152	105
Prior year	0	54
Revolving	2,513	2,895
Revolving Converted to Term Loans	5	0
Total loans and leases	9,097	9,658
SVB | Innovation C&I and cash flow dependent | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2,136	2,370
Term loans by origination year, year two	1,433	2,238
Term loans by origination year, year three	1,205	833
Term loans by origination year, year four	347	293
Term loans by origination year, year five	120	80
Prior year	0	44
Revolving	2,147	2,598
Revolving Converted to Term Loans	5	0
Total loans and leases	7,393	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	53	99
Term loans by origination year, year two	183	103
Term loans by origination year, year three	77	36
Term loans by origination year, year four	57	66
Term loans by origination year, year five	4	0
Prior year	0	0
Revolving	89	92
Revolving Converted to Term Loans	0	0
Total loans and leases	463	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	94	51
Term loans by origination year, year two	220	185
Term loans by origination year, year three	389	254
Term loans by origination year, year four	226	76
Term loans by origination year, year five	28	25
Prior year	0	0
Revolving	180	175
Revolving Converted to Term Loans	0	0
Total loans and leases	1,137	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	97	30
Revolving Converted to Term Loans	0	0
Total loans and leases	104	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	2,952	3,903
Term loans by origination year, year two	3,495	6,212
Term loans by origination year, year three	5,676	5,860
Term loans by origination year, year four	5,369	3,331
Term loans by origination year, year five	3,030	1,455
Prior year	4,597	3,920
Revolving	2,982	2,787
Revolving Converted to Term Loans	127	91
Total loans and leases	28,228	27,559
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2,182	3,160
Term loans by origination year, year two	2,988	5,609
Term loans by origination year, year three	5,294	5,543
Term loans by origination year, year four	5,180	3,191
Term loans by origination year, year five	2,955	1,393
Prior year	4,549	3,867
Revolving	4	13
Revolving Converted to Term Loans	0	0
Total loans and leases	23,152	22,776
Consumer | Residential mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	2,178	3,155
Term loans by origination year, year two	2,968	5,588
Term loans by origination year, year three	5,264	5,521
Term loans by origination year, year four	5,148	3,174
Term loans by origination year, year five	2,913	1,381
Prior year	4,353	3,702
Revolving	4	13
Revolving Converted to Term Loans	0	0
Total loans and leases	22,828	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	3	3
Term loans by origination year, year two	13	16
Term loans by origination year, year three	19	15
Term loans by origination year, year four	23	7
Term loans by origination year, year five	31	10
Prior year	95	85
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	184	136
Consumer | Residential mortgage | 60-89 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	1
Term loans by origination year, year three	5	5
Term loans by origination year, year four	2	4
Term loans by origination year, year five	2	1
Prior year	28	21
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	41	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	4	4
Term loans by origination year, year three	6	2
Term loans by origination year, year four	7	6
Term loans by origination year, year five	9	1
Prior year	73	59
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	99	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	2,440	2,074
Revolving Converted to Term Loans	127	91
Total loans and leases	2,567	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	2,420	2,056
Revolving Converted to Term Loans	108	80
Total loans and leases	2,528	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	16	11
Revolving Converted to Term Loans	6	4
Total loans and leases	22	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	622	527
Term loans by origination year, year two	363	432
Term loans by origination year, year three	282	265
Term loans by origination year, year four	159	132
Term loans by origination year, year five	69	57
Prior year	28	29
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,523	1,442
Consumer | Consumer auto | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	617	525
Term loans by origination year, year two	358	427
Term loans by origination year, year three	277	261
Term loans by origination year, year four	155	131
Term loans by origination year, year five	68	56
Prior year	27	28
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,502	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	3	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	13	9
Consumer | Consumer auto | 60-89 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	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	4	3
Consumer | Consumer auto | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	1	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	4	2
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	148	216
Term loans by origination year, year two	144	171
Term loans by origination year, year three	100	52
Term loans by origination year, year four	30	8
Term loans by origination year, year five	6	5
Prior year	20	24
Revolving	538	700
Revolving Converted to Term Loans	0	0
Total loans and leases	986	1,176
Consumer | Consumer other | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term loans by origination year, year one	147	215
Term loans by origination year, year two	144	170
Term loans by origination year, year three	99	52
Term loans by origination year, year four	30	8
Term loans by origination year, year five	6	5
Prior year	18	21
Revolving	531	690
Revolving Converted to Term Loans	0	0
Total loans and leases	975	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	3	6
Revolving Converted to Term Loans	0	0
Total loans and leases	5	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	0	0
Term loans by origination year, year three	1	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	1	2
Revolving	2	2
Revolving Converted to Term Loans	0	0
Total loans and leases	$ 3	$ 4

LOANS AND LEASES - Schedule o_5

LOANS AND LEASES - Schedule of Loans Charge-offs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	$ 20	$ 71
Year two	113	169
Year three	194	103
Year four	56	72
Year five	47	83
Prior year	124	40
Revolving	101	99
Revolving Converted to Term Loans	2	1
Total	657	638	$ 146
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	19	33
Year two	52	100
Year three	88	47
Year four	26	56
Year five	44	83
Prior year	114	38
Revolving	63	56
Revolving Converted to Term Loans	1	1
Total	407	414	126
Commercial | Owner occupied commercial mortgage
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	12	0
Revolving	0	1
Revolving Converted to Term Loans	0	0
Total	12	1
Commercial | Non-owner occupied commercial mortgage
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	36	66
Prior year	81	21
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total	117	87
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	17	31
Year two	46	90
Year three	81	40
Year four	19	53
Year five	5	15
Prior year	17	16
Revolving	63	55
Revolving Converted to Term Loans	1	1
Total	249	301
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	2	2
Year two	6	10
Year three	7	7
Year four	7	3
Year five	3	2
Prior year	4	1
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total	29	25
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	1	8
Year two	4	2
Year three	3	2
Year four	2	1
Year five	0	0
Prior year	2	2
Revolving	17	13
Revolving Converted to Term Loans	1	0
Total	30	28	20
Consumer | Residential mortgage
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 | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	0
Year two	0
Year three	0
Year four	0
Year five	0
Prior year	0
Revolving	0
Revolving Converted to Term Loans	1
Total	1
Consumer | Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	1	1
Year two	2	1
Year three	2	1
Year four	1	1
Year five	0	0
Prior year	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total	6	4
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	0	7
Year two	2	1
Year three	1	1
Year four	1	0
Year five	0	0
Prior year	1	0
Revolving	17	13
Revolving Converted to Term Loans	0	0
Total	22	22
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	0	30
Year two	57	67
Year three	103	54
Year four	28	15
Year five	3	0
Prior year	8	0
Revolving	21	30
Revolving Converted to Term Loans	0	0
Total	220	196	$ 0
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	0	2
Year two	41	30
Year three	66	29
Year four	18	3
Year five	2	0
Prior year	0	0
Revolving	7	11
Revolving Converted to Term Loans	0	0
Total	134	75
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	0	22
Year two	14	37
Year three	37	25
Year four	10	12
Year five	1	0
Prior year	6	0
Revolving	2	1
Revolving Converted to Term Loans	0	0
Total	70	97
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Year one	0	6
Year two	2	0
Year three	0	0
Year four	0	0
Year five	0	0
Prior year	2	0
Revolving	12	18
Revolving Converted to Term Loans	0	0
Total	$ 16	$ 24

LOANS AND LEASES - Schedule o_6

LOANS AND LEASES - Schedule of Amortized Cost of Loans Modified (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 701	$ 599
Percent of Total Loan Class	0.50%	0.45%
Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 401	$ 477
Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	179	55
Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	36	2
Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	27	49
Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	57	7
Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1	9
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 456	$ 441
Percent of Total Loan Class	0.64%	0.67%
Commercial | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 320	$ 384
Commercial | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	48	10
Commercial | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	34	2
Commercial | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	24	45
Commercial | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	30	0
Commercial | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 12	$ 4
Percent of Total Loan Class	0.22%	0.10%
Commercial | Commercial construction | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 11	$ 4
Commercial | Commercial construction | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1	0
Commercial | Commercial construction | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Commercial | Commercial construction | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	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
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 54	$ 18
Percent of Total Loan Class	0.32%	0.11%
Commercial | Owner occupied commercial mortgage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 37	$ 16
Commercial | Owner occupied commercial mortgage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	10	0
Commercial | Owner occupied commercial mortgage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	4	2
Commercial | Owner occupied commercial mortgage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1	0
Commercial | Owner occupied commercial mortgage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2	0
Commercial | Owner occupied commercial mortgage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 225	$ 298
Percent of Total Loan Class	1.39%	1.99%
Commercial | Non-owner occupied commercial mortgage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 184	$ 258
Commercial | Non-owner occupied commercial mortgage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	6	0
Commercial | Non-owner occupied commercial mortgage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Commercial | Non-owner occupied commercial mortgage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	9	40
Commercial | Non-owner occupied commercial mortgage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	26	0
Commercial | Non-owner occupied commercial mortgage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 165	$ 121
Percent of Total Loan Class	0.52%	0.41%
Commercial | Commercial and industrial | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 88	$ 106
Commercial | Commercial and industrial | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	31	10
Commercial | Commercial and industrial | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	30	0
Commercial | Commercial and industrial | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	14	5
Commercial | Commercial and industrial | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2	0
Commercial | Commercial and industrial | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 24	$ 17
Percent of Total Loan Class	0.08%	0.06%
Consumer | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 19	$ 10
Consumer | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Consumer | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2	0
Consumer | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	3	4
Consumer | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Consumer | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	3
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 14	$ 14
Percent of Total Loan Class	0.06%	0.06%
Consumer | Residential mortgage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 10	$ 8
Consumer | Residential mortgage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Consumer | Residential mortgage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2	0
Consumer | Residential mortgage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	2	3
Consumer | Residential mortgage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
Consumer | Residential mortgage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	3
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 10	$ 3
Percent of Total Loan Class	0.38%	0.12%
Consumer | Revolving mortgage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 9	$ 2
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	1	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	0
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 221	$ 141
Percent of Total Loan Class	0.55%	0.36%
SVB | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 62	$ 83
SVB | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	131	45
SVB | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
SVB | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
SVB | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	27	7
SVB | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1	6
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 40	$ 26
Percent of Total Loan Class	3.94%	1.88%
SVB | Investor dependent - early stage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 0	$ 3
SVB | Investor dependent - early stage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	27	17
SVB | Investor dependent - early stage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
SVB | Investor dependent - early stage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
SVB | Investor dependent - early stage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	12	0
SVB | Investor dependent - early stage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	1	6
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 59	$ 36
Percent of Total Loan Class	2.67%	1.24%
SVB | Investor dependent - growth stage | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 7	$ 8
SVB | Investor dependent - growth stage | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	37	28
SVB | Investor dependent - growth stage | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
SVB | Investor dependent - growth stage | Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
SVB | Investor dependent - growth stage | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	15	0
SVB | Investor dependent - growth stage | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	0
SVB | Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 122	$ 79
Percent of Total Loan Class	1.35%	0.81%
SVB | Innovation C&I and cash flow dependent | Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 55	$ 72
SVB | Innovation C&I and cash flow dependent | Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	67	0
SVB | Innovation C&I and cash flow dependent | Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	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
SVB | Innovation C&I and cash flow dependent | Term Extension and Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	0	7
SVB | Innovation C&I and cash flow dependent | Other Combinations
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 0	$ 0

LOANS AND LEASES - Schedule o_7

LOANS AND LEASES - Schedule of Financial Effects of Loans Modified (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	21 months	14 months
Weighted Average Interest Rate Reduction	1%	2.89%
Weighted Average Payment Delay (in Months)	13 months	6 months
Amount of Principal Forgiven	$ 0	$ 0
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	21 months	14 months
Weighted Average Interest Rate Reduction	0.84%	2.93%
Weighted Average Payment Delay (in Months)	21 months	7 months
Amount of Principal Forgiven	$ 0	$ 0
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	6 months	9 months
Weighted Average Interest Rate Reduction	0.60%	0%
Weighted Average Payment Delay (in Months)	5 months	0 months
Amount of Principal Forgiven	$ 0	$ 0
Commercial | Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	30 months	17 months
Weighted Average Interest Rate Reduction	1.42%	3.52%
Weighted Average Payment Delay (in Months)	7 months	0 months
Amount of Principal Forgiven	$ 0	$ 0
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	20 months	12 months
Weighted Average Interest Rate Reduction	0.78%	3%
Weighted Average Payment Delay (in Months)	40 months	0 months
Amount of Principal Forgiven	$ 0	$ 0
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	23 months	20 months
Weighted Average Interest Rate Reduction	0.79%	2.04%
Weighted Average Payment Delay (in Months)	9 months	7 months
Amount of Principal Forgiven	$ 0	$ 0
Commercial | Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	11 months	16 months
Weighted Average Interest Rate Reduction	0%	0%
Weighted Average Payment Delay (in Months)	6 months	0 months
Amount of Principal Forgiven	$ 0	$ 0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	56 months	74 months
Weighted Average Interest Rate Reduction	2.73%	4.08%
Weighted Average Payment Delay (in Months)	11 months	6 months
Amount of Principal Forgiven	$ 0	$ 0
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	71 months	78 months
Weighted Average Interest Rate Reduction	1.89%	4.13%
Weighted Average Payment Delay (in Months)	11 months	6 months
Amount of Principal Forgiven	$ 0	$ 0
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	37 months	59 months
Weighted Average Interest Rate Reduction	4.27%	2.81%
Weighted Average Payment Delay (in Months)	0 months	0 months
Amount of Principal Forgiven	$ 0	$ 0
Consumer | Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	31 months	27 months
Weighted Average Interest Rate Reduction	0.53%	0.69%
Weighted Average Payment Delay (in Months)	0 months	0 months
Amount of Principal Forgiven	$ 0	$ 0
Consumer | Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	60 months	53 months
Weighted Average Interest Rate Reduction	9.66%	9.42%
Weighted Average Payment Delay (in Months)	0 months	0 months
Amount of Principal Forgiven	$ 0	$ 0
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	12 months	5 months
Weighted Average Interest Rate Reduction	2.75%	1%
Weighted Average Payment Delay (in Months)	10 months	5 months
Amount of Principal Forgiven	$ 0	$ 0
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	10 months	9 months
Weighted Average Interest Rate Reduction	2.75%	1%
Weighted Average Payment Delay (in Months)	7 months	5 months
Amount of Principal Forgiven	$ 0	$ 0
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (in Months)	12 months	9 months
Weighted Average Interest Rate Reduction	0%	0%
Weighted Average Payment Delay (in Months)	8 months	5 months
Amount of Principal Forgiven	$ 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
Weighted Average Interest Rate Reduction	0%	0%
Weighted Average Payment Delay (in Months)	12 months	5 months
Amount of Principal Forgiven	$ 0	$ 0

LOANS AND LEASES - Schedule o_8

LOANS AND LEASES - Schedule of Loans Modified, Past Due (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 701	$ 599
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	640	546
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	22	4
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	2
90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	37	47
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	456	441
Commercial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	413	434
Commercial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	4
Commercial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	1
Commercial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	33	2
Commercial | Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	12	4
Commercial | Commercial construction | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	12	4
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	54	18
Commercial | Owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	51	17
Commercial | Owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	1
Commercial | Owner occupied commercial mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Commercial | Owner occupied commercial mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Commercial | Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	225	298
Commercial | Non-owner occupied commercial mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	220	297
Commercial | Non-owner occupied commercial mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5	0
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	0	1
Commercial | Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	165	121
Commercial | Commercial and industrial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	130	116
Commercial | Commercial and industrial | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	3
Commercial | Commercial and industrial | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	1
Commercial | Commercial and industrial | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	33	1
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	24	17
Consumer | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	17	15
Consumer | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	0
Consumer | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	1
Consumer | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4	1
Consumer | Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14	14
Consumer | Residential mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8	12
Consumer | Residential mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	0
Consumer | Residential mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	1
Consumer | Residential mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	1
Consumer | Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10	3
Consumer | Revolving mortgage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	3
Consumer | Revolving mortgage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer | Revolving mortgage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer | Revolving mortgage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	0
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	221	141
SVB | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	210	97
SVB | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	11	0
SVB | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	44
SVB | Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	40	26
SVB | Investor dependent - early stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	29	22
SVB | Investor dependent - early stage | 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	11	0
SVB | Investor dependent - early stage | 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB | Investor dependent - early stage | 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	4
SVB | Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	59	36
SVB | Investor dependent - growth stage | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	59	36
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	0	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	122	79
SVB | Innovation C&I and cash flow dependent | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	122	39
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	0	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	$ 40

LOANS AND LEASES - Schedule o_9

LOANS AND LEASES - Schedule of Loans Pledged as Collateral (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
FHLB of Atlanta
Pledged non-PCD loans	$ 140,221	$ 133,302	$ 70,781
FHLB of Atlanta | Non-PCD | Asset Pledged as Collateral
FHLB of Atlanta
Lendable collateral value of pledged non-PCD loans	17,873	15,072
Less: advances	0	0
Less: letters of credit	1,450	1,450
Available borrowing capacity	16,423	13,622
Pledged non-PCD loans	30,421	25,370
FRB | Non-PCD | Asset Pledged as Collateral
FHLB of Atlanta
Pledged non-PCD loans	6,309	6,273
FRB
Lendable collateral value of pledged non-PCD loans	5,475	5,115
Less: advances	0	0
Available borrowing capacity	5,475	5,115
FDIC | Asset Pledged as Collateral
FHLB of Atlanta
Pledged non-PCD loans	41,040	51,179
FDIC
Lendable collateral value of pledged loans	41,282	51,179
Less: advances	0	0
Less: Purchase Money Note	35,991	36,072
Available borrowing capacity	$ 5,291	$ 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	$ 1,747	$ 922	$ 178
Initial PCD ALLL	0	220	272
Day 2 Provision for Loan and Lease Losses	0	462	454
Provision (benefit) for loan and lease losses	469	703	97
Total provision for loan and lease losses	469	1,165	551
Charge-offs	(657)	(638)	(146)
Recoveries	117	78	67
Allowance for loan and lease losses, ending balance	1,676	1,747	922
Commercial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	1,126	789	80
Initial PCD ALLL	0	14	258
Day 2 Provision for Loan and Lease Losses	0	39	432
Provision (benefit) for loan and lease losses	298	651	101
Total provision for loan and lease losses	298	690	533
Charge-offs	(407)	(414)	(126)
Recoveries	46	47	44
Allowance for loan and lease losses, ending balance	1,063	1,126	789
Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	166	133	98
Initial PCD ALLL	0	3	14
Day 2 Provision for Loan and Lease Losses	0	43	22
Provision (benefit) for loan and lease losses	8	2	(4)
Total provision for loan and lease losses	8	45	18
Charge-offs	(30)	(28)	(20)
Recoveries	14	13	23
Allowance for loan and lease losses, ending balance	158	166	133
SVB
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for loan and lease losses, beginning balance	455	0	0
Initial PCD ALLL	0	203	0
Day 2 Provision for Loan and Lease Losses	0	380	0
Provision (benefit) for loan and lease losses	163	50	0
Total provision for loan and lease losses	163	430	0
Charge-offs	(220)	(196)	0
Recoveries	57	18	0
Allowance for loan and lease losses, ending balance	$ 455	$ 455	$ 0

ALLOWANCE FOR LOAN AND LEASE _4

ALLOWANCE FOR LOAN AND LEASE LOSSES - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan loss reserve	$ 1,676	$ 1,747	$ 922	$ 178
Hurricane Helene
Financing Receivable, Allowance for Credit Loss [Line Items]
Loan loss reserve	$ 20

ALLOWANCE FOR LOAN AND LEASE _5

ALLOWANCE FOR LOAN AND LEASE LOSSES - Schedule of Components of Credit Losses (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Receivables [Abstract]
Day 2 Provision for Loan and Lease Losses	$ 0	$ 462	$ 454
Provision for loan and lease losses	469	703	97
Total provision for loan and lease losses	469	1,165	551
Day 2 Provision for Off-Balance Sheet Credit Exposure	0	254	59
(Benefit) provision from off-balance sheet credit exposure	(38)	(44)	35
Total (benefit) provision for off-balance sheet credit exposure	(38)	210	94
Provision for credit losses	$ 431	$ 1,375	$ 645

LEASES - Narrative (Details)

LEASES - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 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	Dec. 31, 2024	Dec. 31, 2023
Lease assets:
Operating lease ROU assets	$ 316	$ 354
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Finance leases	$ 15	$ 9
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Premises and equipment, net	Premises and equipment, net
Total lease assets	$ 331	$ 363
Lease liabilities:
Operating leases	$ 357	$ 396
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities
Finance leases	$ 15	$ 9
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Borrowings	Other Borrowings
Total lease liabilities	$ 372	$ 405
Weighted-average remaining lease terms:
Operating leases	7 years 4 months 24 days	8 years 1 month 6 days
Finance leases	11 years 8 months 12 days	15 years 4 months 24 days
Weighted-average discount rate:
Operating leases	2.94%	2.70%
Finance leases	3.96%	3.52%

LEASES - Schedule of Net Lease

LEASES - Schedule of Net Lease Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease cost	$ 76	$ 64	$ 58
Finance lease ROU asset amortization	2	2	2
Variable lease cost	28	25	12
Sublease income	(6)	(3)	(2)
Net lease cost	100	88	70
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 76	64	58
Acquisition-related expenses
Leases [Abstract]
Operating lease cost		34	6
Lessee, Lease, Description [Line Items]
Operating lease cost		$ 34	$ 6

LEASES - Schedule of Supplement

LEASES - Schedule of Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 77	$ 63	$ 54
Financing cash flows from finance leases	2	2	2
ROU assets obtained in exchange for new operating lease liabilities	28	69	19
ROU assets obtained in exchange for new finance lease liabilities	$ 8	$ 4	$ 5

LEASES - Schedule of Lease Liab

LEASES - Schedule of Lease Liability Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Operating Leases
2025	$ 68
2026	67
2027	56
2028	42
2029	37
Thereafter	124
Total undiscounted lease payments	394
Difference between undiscounted cash flows and discounted cash flows	37
Lease liabilities, at present value	357	$ 396
Finance Leases
2025	3
2026	3
2027	2
2028	1
2029	1
Thereafter	10
Total undiscounted lease payments	20
Difference between undiscounted cash flows and discounted cash flows	5
Lease liabilities, at present value	15	$ 9
Total
2025	71
2026	70
2027	58
2028	43
2029	38
Thereafter	134
Total undiscounted lease payments	414
Difference between undiscounted cash flows and discounted cash flows	42
Lease liabilities, at present value	$ 372

LEASES - Schedule of Net Book V

LEASES - Schedule of Net Book Value of Assets Subject to Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]
Lessor asset under operating lease, accumulated depreciation	$ 941	$ 658
Impairment on operating lease equipment	4
Operating lease equipment, net	9,323	8,746	$ 8,156
Railcars and locomotives
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]
Operating lease equipment, net	8,573	7,966
Other equipment
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]
Operating lease equipment, net	750	780
Off-lease rail equipment
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]
Operating lease equipment, net	$ 219	$ 253

LEASES - Schedule of Net Invest

LEASES - Schedule of Net Investment In Finance Leases (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Lease receivables	$ 1,764	$ 1,780
Unguaranteed residual assets	235	262
Total net investment in finance leases	1,999	2,042
Leveraged lease net investment	15	13
Total	2,014	2,055
Leveraged lease, non-recourse debt	$ 2	$ 5

LEASES - Schedule of Operatin_2

LEASES - Schedule of Operating Lease Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Lease income – operating leases	$ 966	$ 895	$ 796
Variable lease income – operating leases	82	76	68
Rental income on operating leases	1,048	971	864
Interest income – sales type and direct financing leases	175	171	169
Variable lease income included in other noninterest income	61	59	51
Interest income – leveraged leases	4	12	20
Total lease income	$ 1,288	$ 1,213	$ 1,104

LEASES - Schedule of Maturity A

LEASES - Schedule of Maturity Analysis of Operating Lease Payments (Details) $ in Millions	Dec. 31, 2024 USD ($)
Leases [Abstract]
2025	$ 864
2026	713
2027	543
2028	361
2029	216
Thereafter	348
Total	$ 3,045

LEASES - Schedule of Sales-type

LEASES - Schedule of Sales-type and Direct Financing Leases, Lease Receivable Maturity (Details) $ in Millions	Dec. 31, 2024 USD ($)
Leases [Abstract]
2025	$ 741
2026	541
2027	360
2028	205
2029	94
Thereafter	48
Total undiscounted lease receivables	1,989
Difference between undiscounted cash flows and discounted cash flows	225
Lease receivables, at present value	$ 1,764

PREMISES AND EQUIPMENT - Schedu

PREMISES AND EQUIPMENT - Schedule of Premises and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Total	$ 3,634	$ 3,272
Less accumulated depreciation and amortization	1,628	1,395
Premises and equipment, net	2,006	1,877
Land
Property, Plant and Equipment [Line Items]
Total	407	403
Premises and leasehold improvements
Property, Plant and Equipment [Line Items]
Total	$ 1,598	1,609
Premises and leasehold improvements | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (years)	3 years
Premises and leasehold improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (years)	30 years
Furniture, equipment and software
Property, Plant and Equipment [Line Items]
Total	$ 1,629	$ 1,260
Furniture, equipment and software | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (years)	2 years
Furniture, equipment and software | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (years)	15 years

PREMISES AND EQUIPMENT - Narrat

PREMISES AND EQUIPMENT - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 276	$ 225	$ 142
Software and related projects
Property, Plant and Equipment [Line Items]
Impairment charges	22	35
Software and related projects | Acquisition-related expenses
Property, Plant and Equipment [Line Items]
Impairment charges	$ 9	$ 32

GOODWILL AND CORE DEPOSIT INT_3

GOODWILL AND CORE DEPOSIT INTANGIBLES - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 346,000,000	$ 346,000,000
Goodwill impairment	$ 0	$ 0	$ 0

GOODWILL AND CORE DEPOSIT INT_4

GOODWILL AND CORE DEPOSIT INTANGIBLES - Schedule of Changes in Core Deposit Intangibles (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Finite-lived Intangible Assets [Roll Forward]
Amortization for the period	$ (63)	$ (57)	$ (23)
Core deposit intangible
Finite-lived Intangible Assets [Roll Forward]
Core deposit intangibles, beginning balance	312	140
Amortization for the period	63	58
Core deposit intangibles, ending balance	249	312	$ 140
Core deposit intangible | SVBB
Finite-lived Intangible Assets [Roll Forward]
Core deposit intangibles related to the SVBB Acquisition	$ 0	$ 230

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	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Acquired Finite-Lived Intangible Assets [Line Items]
Gross balance	$ 501	$ 501
Less: accumulated amortization	252	189
Balance, net of accumulated amortization	$ 249	$ 312	$ 140

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	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Acquired Finite-Lived Intangible Assets [Line Items]
2025	$ 54
2026	46
2027	39
2028	34
2029	30
Thereafter	46
Balance, net of accumulated amortization	$ 249	$ 312	$ 140

GOODWILL AND CORE DEPOSIT INT_7

GOODWILL AND CORE DEPOSIT INTANGIBLES - Schedule of Changes in Intangible Liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Finite-lived Intangible Liabilities [Roll Forward]
Below market lease, net, beginning balance	$ 24	$ 36
Amortization	(6)	(12)
Below market lease, net, ending balance	$ 18	$ 24

GOODWILL AND CORE DEPOSIT INT_8

GOODWILL AND CORE DEPOSIT INTANGIBLES - Schedule of Intangible Liability Accumulated Amortization of (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Below market lease, gross	$ 52	$ 52
Accumulated amortization	(34)	(28)
Balance, net of accumulated amortization	$ 18	$ 24	$ 36

GOODWILL AND CORE DEPOSIT INT_9

GOODWILL AND CORE DEPOSIT INTANGIBLES - Schedule of Finite-Lived Intangible Liabilities, Future Amortization Expense (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
2025	$ 4
2026	3
2027	3
2028	2
2029	2
Thereafter	4
Balance, net of accumulated amortization	$ 18	$ 24	$ 36

VARIABLE INTEREST ENTITIES - Sc

VARIABLE INTEREST ENTITIES - Schedule of Variable Interest Entities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Variable Interest Entity [Line Items]
Total affordable housing tax credit and other unconsolidated investments (maximum loss exposure)	$ 223,720	$ 213,758
Liabilities	201,492	192,503
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Total affordable housing tax credit and other unconsolidated investments (maximum loss exposure)	2,516	2,052
Variable Interest Entity, Not Primary Beneficiary | Total tax credit equity investments
Variable Interest Entity [Line Items]
Total affordable housing tax credit and other unconsolidated investments (maximum loss exposure)	2,359	1,890
Variable Interest Entity, Not Primary Beneficiary | Affordable housing tax credit investments
Variable Interest Entity [Line Items]
Total affordable housing tax credit and other unconsolidated investments (maximum loss exposure)	2,357	1,887
Variable Interest Entity, Not Primary Beneficiary | Other tax credit equity investments
Variable Interest Entity [Line Items]
Total affordable housing tax credit and other unconsolidated investments (maximum loss exposure)	2	3
Variable Interest Entity, Not Primary Beneficiary | Other unconsolidated investments
Variable Interest Entity [Line Items]
Total affordable housing tax credit and other unconsolidated investments (maximum loss exposure)	157	162
Variable Interest Entity, Not Primary Beneficiary | Commitments to tax credit investments
Variable Interest Entity [Line Items]
Liabilities	$ 1,214	$ 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Variable Interest Entity [Line Items]
Amortization of affordable housing tax credit investments	$ 237	$ 169	$ 60
Investment Program Proportional Amortization Method Applied Income Tax Credit And Other Tax Benefit Amortization Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag	Depreciation, amortization, and accretion, net	Depreciation, amortization, and accretion, net	Depreciation, amortization, and accretion, net
Investment Program Proportional Amortization Method Applied Income Tax Credit And Other Tax Benefit Amortization Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag	Amortization of affordable housing tax credit investments (1)	Amortization of affordable housing tax credit investments (1)	Amortization of affordable housing tax credit investments (1)
Tax credits from affordable housing tax credit investments	$ (231)	$ (157)	$ (60)
Other tax benefits from affordable housing tax credit investments	$ (56)	$ (29)	$ (17)
Investment Program Proportional Amortization Method Elected Income Tax Credit And Other Income Tax Benefit Before Amortization Statement Of Cash Flows Extensible Enumeration Not Disclosed Flag	Other tax benefits from affordable housing tax credit investments	Other tax benefits from affordable housing tax credit investments	Other tax benefits from affordable housing tax credit investments
Investment Program Proportional Amortization Method Elected Income Tax Credit And Other Income Tax Benefit Before Amortization Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed	Other tax benefits from affordable housing tax credit investments	Other tax benefits from affordable housing tax credit investments	Other tax benefits from affordable housing tax credit investments
Net income tax benefit from affordable housing tax credit investments	$ (50)	$ (17)	$ (17)

OTHER ASSETS (Details)

OTHER ASSETS (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Affordable housing tax credit and other unconsolidated investments	$ 2,516	$ 2,052
Accrued interest receivable	902	832
Fair value of derivative financial instruments	660	640
Pension and other retirement plan assets	658	568
Right of use assets for operating leases, net	316	354
Income tax receivable	505	209
Counterparty receivables	69	114
Bank-owned life insurance	106	105
Nonmarketable equity securities	127	103
Other real estate owned	56	58
Mortgage servicing rights	27	25
Federal Home Loan Bank stock	20	20
Other	778	777
Total other assets	$ 6,740	$ 5,857

DEPOSITS - Schedule of Deposit

DEPOSITS - Schedule of Deposit Liabilities Type (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statistical Disclosure for Banks [Abstract]
Noninterest-bearing demand	$ 38,633	$ 39,799
Checking with interest	25,343	23,754
Money market	35,722	30,625
Savings	42,278	35,244
Time	13,253	16,432
Total deposits	$ 155,229	$ 145,854	$ 89,408

DEPOSITS - Schedule of Time Dep

DEPOSITS - Schedule of Time Deposit Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Statistical Disclosure for Banks [Abstract]
2025	$ 12,724
2026	445
2027	39
2028	23
2029	22
Thereafter	0
Total time deposits	$ 13,253	$ 16,432

DEPOSITS - Narrative (Details)

DEPOSITS - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Statistical Disclosure for Banks [Abstract]
Time deposits with a denomination of $250,000 or more	$ 3,800	$ 4,160

BORROWINGS - Narrative (Details

BORROWINGS - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Securities sold under agreements to repurchase	$ 367	$ 485
Securities sold under agreements to repurchase, interest rate	0.59%	0.43%
Asset Pledged as Collateral | Securities Assets
Debt Instrument [Line Items]
Securities sold under agreements to repurchase	$ 435	$ 502

BORROWINGS - Schedule of Long-t

BORROWINGS - Schedule of Long-term Borrowings (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Capital lease obligations	$ 15	$ 8
Total long-term borrowings	36,684	37,169
Loss (gain) on extinguishment of debt	2	0	$ (7)
Secured Debt
Debt Instrument [Line Items]
Loss (gain) 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%
Long-term debt, gross	$ 350	349
Parent | Junior subordinated debentures (FCB/SC Capital Trust II) | Subordinated Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 0	18
Subsidiaries | Senior unsecured fixed-to-floating rate notes at 2.969% | Senior Notes
Debt Instrument [Line Items]
Debt instrument, stated interest rate	2.969%
Long-term debt, gross	$ 0	318
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%
Long-term debt, gross	$ 58	59
Subsidiaries | Fixed subordinated notes at 6.125% | Subordinated Debt
Debt Instrument [Line Items]
Debt instrument, stated interest rate	6.125%
Long-term debt, gross	$ 445	460
Subsidiaries | Fixed-to-Fixed subordinated notes at 4.125% | Subordinated Debt
Debt Instrument [Line Items]
Debt instrument, stated interest rate	4.125%
Long-term debt, gross	$ 0	101
Callable feature term	5 years
Subsidiaries | Junior subordinated debentures (SCB Capital Trust I) | Subordinated Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 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%
Long-term debt, gross	$ 35,816	$ 35,846

BORROWINGS - Schedule of Maturi

BORROWINGS - Schedule of Maturities of Long-term Debt (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Debt Disclosure [Abstract]
2025	$ (36)
2026	(39)
2027	(39)
2028	36,380
2029	1
Thereafter	417
Total long-term borrowings	$ 36,684	$ 37,169

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Instruments (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Asset Fair Value
Asset Fair Value	$ 660	$ 640
Less: gross amounts offset in the Consolidated Balance Sheets, Asset Fair Value	0	0
Derivative assets	660	640
Less: amounts subject to master netting agreements, Asset Fair Value	(48)	(97)
Less: cash collateral pledged (received) subject to master netting agreements	(539)	(405)
Total net derivative fair value, Asset Fair Value	73	138
Liability Fair Value
Liability Fair Value	(625)	(636)
Less: gross amounts offset in the Consolidated Balance Sheets, Liability Fair Value	0	0
Derivative liability	(625)	(636)
Less: amounts subject to master netting agreements, Asset Liability Value	48	97
Less: cash collateral pledged (received) subject to master netting agreements	2	39
Total net derivative fair value, Liability Fair Value	(575)	(500)
Variation margin, amount reducing derivative asset	83	66
Variation margin, amount reducing derivative liability	22	37
Qualifying Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	4,584	815
Asset Fair Value
Asset Fair Value	1	0
Liability Fair Value
Liability Fair Value	0	0
Derivative instruments and hedges, assets	14	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	3,500	0
Asset Fair Value
Asset Fair Value	1	0
Liability Fair Value
Liability Fair Value	0	0
Non-qualifying Hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	35,394	34,673
Asset Fair Value
Asset Fair Value	659	640
Liability Fair Value
Liability Fair Value	(625)	(636)
Non-qualifying Hedges | Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	26,235	24,548
Asset Fair Value
Asset Fair Value	491	530
Liability Fair Value
Liability Fair Value	(516)	(518)
Non-qualifying Hedges | Foreign currency forward contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	7,843	9,142
Asset Fair Value
Asset Fair Value	152	104
Liability Fair Value
Liability Fair Value	(108)	(117)
Non-qualifying Hedges | Foreign exchange spot contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	177	179
Liability Fair Value
Net fair value	0	0
Non-qualifying Hedges | Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	1,316	983
Asset Fair Value
Asset Fair Value	16	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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Net loss on fair value hedges	$ (2)	$ (1)	$ 0
Deposits
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized on derivatives	0	0	0
Recognized on hedged item	(1)	0	0
Borrowings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Recognized on derivatives	(4)	4	0
Recognized on hedged item	$ 3	$ (5)	$ 0

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Fair Value Hedges (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Long-term borrowings
Fair Value, Option, Quantitative Disclosures [Line Items]
Carrying Value of Hedged Items	$ 795	$ 879
Deposits
Fair Value, Option, Quantitative Disclosures [Line Items]
Carrying Value of Hedged Items	335
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	2	5
Currently Designated | Deposits
Fair Value, Option, Quantitative Disclosures [Line Items]
Cumulative Fair Value Hedging Adjustment Included in the Carrying Value of Hedged Items	1
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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Other comprehensive income on cash flow hedge derivatives before reclassifications	$ 11	$ 0	$ 0
Amounts reclassified from AOCI to earnings	0	0	0
Other comprehensive income on cash flow hedge derivatives	$ 11	$ 0	$ 0

DERIVATIVE FINANCIAL INSTRUME_7

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Other Information for Cash Flow Hedges (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Unrealized gain on cash flow hedge derivatives reported in AOCI, net of income taxes	$ 8	$ 0	$ 0
Estimate to be reclassified from AOCI to earnings during the next 12 months, net of income taxes	$ 7	$ 0
Maximum number of months over which forecasted cash flows are hedged	24 months

DERIVATIVE FINANCIAL INSTRUME_8

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Derivative Instruments Non-Qualifying Hedges (Details) - Non-qualifying Hedges - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	$ 83	$ 25	$ 33
Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	22	32	12
Foreign currency forward contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	59	(8)	20
Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	$ 2	$ 1	$ 1

OTHER LIABILITIES (Details)

OTHER LIABILITIES (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Other Liabilities Disclosure [Abstract]
Deferred taxes	$ 3,534	$ 3,579
Commitments to fund tax credit investments	1,214	947
Accrued personnel cost	1,024	924
Fair value of derivative financial instruments	625	636
Lease liabilities	357	396
Reserve for off-balance sheet credit exposure	278	316
Accrued interest payable	134	137
Accounts payable and other	1,030	971
Total other liabilities	$ 8,196	$ 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	Dec. 31, 2024	Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	$ 33,750	$ 19,936
Marketable equity securities	101	84
Total derivative assets	660	640
Total derivative liabilities	625	636
U.S. Treasury
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	13,903	10,508
Residential mortgage-backed securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	15,620	6,686
Commercial mortgage-backed securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	3,666	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	33,750	19,936
Marketable equity securities	101	84
Loans held for sale	55	38
Total derivative assets	660	640
Total derivative liabilities	625	636
Fair Value, Recurring | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	659	640
Total derivative liabilities	625	636
Fair Value, Recurring | Interest rate contracts | Qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	1	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	491	530
Total derivative liabilities	516	518
Fair Value, Recurring | Foreign exchange contract | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	152	104
Total derivative liabilities	108	117
Fair Value, Recurring | Other derivative | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	16	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	48	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	33,582	19,779
Marketable equity securities	53	48
Loans held for sale	55	38
Total derivative assets	643	633
Total derivative liabilities	624	635
Fair Value, Recurring | Level 2 | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	642	633
Total derivative liabilities	624	635
Fair Value, Recurring | Level 2 | Interest rate contracts | Qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	1	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	490	529
Total derivative liabilities	516	518
Fair Value, Recurring | Level 2 | Foreign exchange contract | Non-qualifying Hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Total derivative assets	152	104
Total derivative liabilities	108	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	168	157
Marketable equity securities	0	0
Loans held for sale	0	0
Total derivative assets	17	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	17	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	16	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	13,903	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	13,903	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	77	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	77	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	15,620	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	15,620	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	3,666	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	3,666	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	467	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	299	325
Fair Value, Recurring | Corporate Bonds | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	168	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	Dec. 31, 2024	Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	$ 33,750	$ 19,936
Interest rate & other derivative — non-qualifying hedges	660	640
Interest rate & other derivative — non-qualifying hedges	625	636
Fair Value, Recurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	33,750	19,936
Interest rate & other derivative — non-qualifying hedges	660	640
Interest rate & other derivative — non-qualifying hedges	625	636
Fair Value, Recurring | Corporate Bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	467	482
Fair Value, Recurring | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	168	157
Interest rate & other derivative — non-qualifying hedges	17	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	168	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	17	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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 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
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	12	(8)
Transfers in	0	0
Maturity and settlements	0	(9)
Ending balance	168	157
Other Derivative Assets — Non-Qualifying
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	7	0
Purchases	9	6
Changes in fair value included in earnings	2	1
Changes in fair value included in comprehensive income	0	0
Transfers in	0	0
Maturity and settlements	(1)	0
Ending balance	$ 17	$ 7

FAIR VALUE - Schedule of Fair_4

FAIR VALUE - Schedule of Fair Value Option (Details) - Originated loans held for sale - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Option, Quantitative Disclosures [Line Items]
Loans held for sale	$ 55	$ 38
Unpaid Principal Balance	54	37
Difference	$ 1	$ 1

FAIR VALUE - Narrative (Details

FAIR VALUE - Narrative (Details)	Dec. 31, 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	$ 211,000,000	$ 211,000,000
Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Financing receivable, measurement input	0.0945	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	Dec. 31, 2024	Dec. 31, 2023
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	$ 82	$ 73
Loans - collateral dependent loans	134,872	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	55	38
Loans - collateral dependent loans	1,463	1,479
Level 3 | Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	27	35
Loans - collateral dependent loans	133,409	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	13	12
Loans - collateral dependent loans	388	265
Other real estate owned	16	16
Fair Value Measurements	417	293
Fair Value, Nonrecurring | Changes Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	(7)	(4)
Loans - collateral dependent loans	(171)	(131)
Other real estate owned	6	4
Fair Value Measurements	(172)	(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	13	12
Loans - collateral dependent loans	388	265
Other real estate owned	16	16
Fair Value Measurements	$ 417	$ 293

FAIR VALUE - Schedule of Carryi

FAIR VALUE - Schedule of Carrying Values and Estimated Fair Values for Financial Instruments (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Financial Assets
Investment in marketable equity securities	$ 101	$ 84
Investment securities available for sale	33,750	19,936
Investment securities held to maturity	10,239	9,979
Fair value of derivative financial instruments	660	640
Financial Liabilities
Fair value of derivative financial instruments	625	636
Carrying Value
Financial Assets
Cash and due from banks	814	908
Interest-earning deposits at banks	21,364	33,609
Securities purchased under agreements to resell	158	473
Investment in marketable equity securities	101	84
Investment securities available for sale	33,750	19,936
Investment securities held to maturity	10,239	9,979
Loans held for sale	82	73
Net loans	136,567	129,545
Accrued interest receivable	902	832
Federal Home Loan Bank stock	20	20
Mortgage servicing rights	27	25
Financial Liabilities
Deposits with no stated maturity	141,976	129,427
Time deposits	13,253	16,427
Credit balances of factoring clients	1,016	1,089
Securities sold under customer repurchase agreements	367	485
Long-term borrowings	36,669	37,160
Accrued interest payable	134	137
Carrying Value | Qualifying Hedges
Financial Assets
Fair value of derivative financial instruments	1	0
Financial Liabilities
Fair value of derivative financial instruments	0	0
Carrying Value | Non-qualifying Hedges
Financial Assets
Fair value of derivative financial instruments	659	640
Financial Liabilities
Fair value of derivative financial instruments	625	636
Estimated Fair Value
Financial Assets
Cash and due from banks	814	908
Interest-earning deposits at banks	21,364	33,609
Securities purchased under agreements to resell	158	473
Investment in marketable equity securities	101	84
Investment securities available for sale	33,750	19,936
Investment securities held to maturity	8,702	8,503
Loans held for sale	82	73
Net loans	134,872	126,696
Accrued interest receivable	902	832
Federal Home Loan Bank stock	20	20
Mortgage servicing rights	47	42
Financial Liabilities
Deposits with no stated maturity	141,976	129,427
Time deposits	13,247	16,416
Credit balances of factoring clients	1,016	1,089
Securities sold under customer repurchase agreements	367	485
Long-term borrowings	36,220	36,816
Accrued interest payable	134	137
Estimated Fair Value | Level 1
Financial Assets
Cash and due from banks	814	908
Interest-earning deposits at banks	21,364	33,609
Securities purchased under agreements to resell	0	0
Investment in marketable equity securities	48	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	158	473
Investment in marketable equity securities	53	48
Investment securities available for sale	33,582	19,779
Investment securities held to maturity	8,702	8,503
Loans held for sale	55	38
Net loans	1,463	1,479
Accrued interest receivable	902	832
Federal Home Loan Bank stock	20	20
Mortgage servicing rights	0	0
Financial Liabilities
Deposits with no stated maturity	141,976	129,427
Time deposits	13,247	16,416
Credit balances of factoring clients	0	0
Securities sold under customer repurchase agreements	367	485
Long-term borrowings	36,220	36,816
Accrued interest payable	134	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	168	157
Investment securities held to maturity	0	0
Loans held for sale	27	35
Net loans	133,409	125,217
Accrued interest receivable	0	0
Federal Home Loan Bank stock	0	0
Mortgage servicing rights	47	42
Financial Liabilities
Deposits with no stated maturity	0	0
Time deposits	0	0
Credit balances of factoring clients	1,016	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	1	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	1	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	659	640
Financial Liabilities
Fair value of derivative financial instruments	625	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	642	633
Financial Liabilities
Fair value of derivative financial instruments	624	635
Estimated Fair Value | Non-qualifying Hedges | Level 3
Financial Assets
Fair value of derivative financial instruments	17	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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Class A
Increase (Decrease) In Common Stock [Roll Forward]
Common stock beginning balance (in shares)	13,514,933	13,501,017
Shares purchased under authorized repurchase plan (in shares)	(814,641)	0	(1,500,000)
Restricted stock units vested, net of shares held to cover taxes (in shares)	12,144	13,916
Common stock ending balance (in shares)	12,712,436	13,514,933	13,501,017
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	1,005,185

STOCKHOLDERS' EQUITY - Narrativ

STOCKHOLDERS' EQUITY - Narrative (Details) $ / shares in Units, $ in Millions		12 Months Ended
	Mar. 12, 2020 USD ($) $ / shares shares	Dec. 31, 2024 vote $ / shares	Dec. 31, 2023 $ / shares	Jan. 03, 2022 $ / shares
Class of Stock [Line Items]
Depositary shares, shares issued (in shares) | shares	13,800,000
Depository shares, percentage of preferred stock	0.025
Depository shares, equivalent value per preferred share	$ 1,000
Depositary shares, shares issued, value | $	$ 345
CIT Group Inc.
Class of Stock [Line Items]
Common stock, par value (in dollars per share)				$ 0.01
Class A
Class of Stock [Line Items]
Common stock, par value (in dollars per share)		$ 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)		$ 1	$ 1
Common stock, voting right per share | vote		16
Series A
Class of Stock [Line Items]
Dividend	5.375%	5.375%
Series B | CIT Group Inc.
Class of Stock [Line Items]
Common stock, terms of conversion, conversion ratio				1
Series C
Class of Stock [Line Items]
Dividend		5.625%
Series C | CIT Group Inc.
Class of Stock [Line Items]
Common stock, terms of conversion, conversion ratio				1

STOCKHOLDERS' EQUITY - Schedu_2

STOCKHOLDERS' EQUITY - Schedule of Preferred Stock and Depositary Shares (Details) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
	Mar. 12, 2020	Dec. 31, 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%	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	Dec. 31, 2024	Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	$ (575)	$ (637)
Income Taxes	130	146
Net of Income Taxes	(445)	(491)
Unrealized loss on securities available for sale
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	(762)	(752)
Income Taxes	178	175
Net of Income Taxes	(584)	(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	182	122
Income Taxes	(47)	(31)
Net of Income Taxes	135	91
Unrealized gain on cash flow hedge derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	11	0
Income Taxes	(3)	0
Net of Income Taxes	$ 8	$ 0

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Schedule of Changes in Components of AOCI (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	$ 21,255	$ 9,662	$ 4,738
AOCI activity before reclassifications	45	224
Amounts reclassified from AOCI to earnings	1	20
Other comprehensive income (loss), net of tax	46	244	(745)
Ending balance, shareholders' equity	22,228	21,255	9,662
Total accumulated other comprehensive loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	(491)	(735)	10
Other comprehensive income (loss), net of tax	46	244	(745)
Ending balance, shareholders' equity	(445)	(491)	(735)
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	(7)	143
Amounts reclassified from AOCI to earnings	0	19
Other comprehensive income (loss), net of tax	(7)	162
Ending balance, shareholders' equity	(584)	(577)	(739)
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	1
Other comprehensive income (loss), net of tax	1	1
Ending balance, shareholders' equity	(4)	(5)	(6)
Defined benefit pension items
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	91	10
AOCI activity before reclassifications	44	81
Amounts reclassified from AOCI to earnings	0	0
Other comprehensive income (loss), net of tax	44	81
Ending balance, shareholders' equity	135	91	10
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	8	0
Amounts reclassified from AOCI to earnings	0	0
Other comprehensive income (loss), net of tax	8	0
Ending balance, shareholders' equity	$ 8	$ 0	$ 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, net amount	$ 45	$ 224
Amounts reclassified from AOCI to earnings, net amount	1	20
Other comprehensive (loss) income on securities available for sale and cash flow hedges, gross amount	62	330
Other comprehensive (loss) income on securities available for sale and cash flow hedges, tax	(16)	(86)
Other comprehensive income (loss), net of tax	46	244	$ (745)
Unrealized loss on securities available for sale:
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, gross amount	(10)	194
AOCI activity before reclassification, tax	3	(51)
AOCI activity before reclassification, net amount	(7)	143
Amounts reclassified from AOCI to earnings, gross amount	0	26
Amounts reclassified from AOCI to earnings, tax	0	(7)
Amounts reclassified from AOCI to earnings, net amount	0	19
Other comprehensive (loss) income on securities available for sale and cash flow hedges, gross amount	(10)	220
Other comprehensive (loss) income on securities available for sale and cash flow hedges, tax	3	(58)
Other comprehensive income (loss), net of tax	(7)	162
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	1
Amounts reclassified from AOCI to earnings, tax	0	0
Amounts reclassified from AOCI to earnings, net amount	1	1
Other comprehensive (loss) income on securities available for sale and cash flow hedges, gross amount	1	1
Other comprehensive (loss) income on securities available for sale and cash flow hedges, tax	0	0
Other comprehensive income (loss), net of tax	1	1
Defined benefit pension items
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, gross amount	60	109
AOCI activity before reclassification, tax	(16)	(28)
AOCI activity before reclassification, net amount	44	81
Amounts reclassified from AOCI to earnings, net amount	0	0
Other comprehensive income (loss), net of tax	44	81
Unrealized gain on cash flow hedge derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, gross amount	11	0
AOCI activity before reclassification, tax	(3)	0
AOCI activity before reclassification, net amount	8	0
Amounts reclassified from AOCI to earnings, gross amount	0	0
Amounts reclassified from AOCI to earnings, tax	0	0
Amounts reclassified from AOCI to earnings, net amount	0	0
Other comprehensive (loss) income on securities available for sale and cash flow hedges, gross amount	11	0
Other comprehensive (loss) income on securities available for sale and cash flow hedges, tax	(3)	0
Other comprehensive income (loss), net of tax	$ 8	$ 0

REGULATORY CAPITAL - Schedule o

REGULATORY CAPITAL - Schedule of Regulatory Capital Ratio (Details)	Dec. 31, 2024
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Basel III Minimums, Total risk-based capital	0.0800
Basel III Minimums, Tier 1 risk-based capital	0.0600
Basel III Minimums, Common equity Tier 1	0.0450
Basel III Minimums, Tier 1 leverage	0.0400
Basel III Conservation Buffers, Total risk-based capital	0.0250
Basel III Conservation Buffers, Tier 1 risk-based capital	0.0250
Basel III Conservation Buffers, Common equity Tier 1	0.0250
Basel III Conservation Buffers, Tier 1 leverage	0
Basel III Requirements, Total risk-based capital	0.1050
Basel III Requirements, Tier 1 risk-based capital	0.0850
Basel III Requirements, Common equity Tier 1	0.0700
Basel III Requirements, Tier 1 leverage	0.0400

REGULATORY CAPITAL - Schedule_2

REGULATORY CAPITAL - Schedule of Basel III Requirements and the PCA well-capitalized Thresholds (Details) $ in Millions	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Basel III Requirements, Total risk-based capital	0.1050
Basel III Requirements, Tier 1 risk-based capital	0.0850
Basel III Requirements, Common equity Tier 1	0.0700
Basel III Requirements, Tier 1 leverage	0.0400
PCA well-capitalized thresholds, Total risk-based capital	0.1000
PCA well-capitalized thresholds, Tier 1 risk-based capital	0.0800
PCA well-capitalized thresholds, Common equity Tier 1	0.0650
PCA well-capitalized thresholds, Tier 1 leverage	0.0500
Total risk-based capital, amount	$ 24,610	$ 23,891
Tier 1 risk-based capital, amount	22,137	21,150
Common equity Tier 1, amount	21,256	20,270
Tier 1 leverage, amount	$ 22,137	$ 21,150
Total risk-based capital, Ratio	0.1504	0.1575
Tier 1 risk-based capital, Ratio	0.1353	0.1394
Common equity Tier 1, Ratio	0.1299	0.1336
Tier 1 leverage, Ratio	0.0990	0.0983
FCB
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Basel III Requirements, Total risk-based capital	0.1050
Basel III Requirements, Tier 1 risk-based capital	0.0850
Basel III Requirements, Common equity Tier 1	0.0700
Basel III Requirements, Tier 1 leverage	0.0400
PCA well-capitalized thresholds, Total risk-based capital	0.1000
PCA well-capitalized thresholds, Tier 1 risk-based capital	0.0800
PCA well-capitalized thresholds, Common equity Tier 1	0.0650
PCA well-capitalized thresholds, Tier 1 leverage	0.0500
Total risk-based capital, amount	$ 23,975	$ 23,600
Tier 1 risk-based capital, amount	21,852	21,227
Common equity Tier 1, amount	21,852	21,227
Tier 1 leverage, amount	$ 21,852	$ 21,227
Total risk-based capital, Ratio	0.1466	0.1556
Tier 1 risk-based capital, Ratio	0.1337	0.1399
Common equity Tier 1, Ratio	0.1337	0.1399
Tier 1 leverage, Ratio	0.0978	0.0988

REGULATORY CAPITAL - Narrative

REGULATORY CAPITAL - Narrative (Details) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)	Dec. 31, 2023
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	0.0704	0.0775
Basel III conservation buffers, total risk-based capital	0.0250
FCB
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	0.0666	0.0756
Dividend restrictions, additional maximum amount of distribution	$ 7,630
Payments of dividends	$ 2,220

EARNINGS PER COMMON SHARE (Deta

EARNINGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Earnings Per Share [Abstract]
Net income	$ 2,777	$ 11,466	$ 1,098
Preferred stock dividends	61	59	50
Net income available to common stockholders, basic	2,716	11,407	1,048
Net income available to common shareholders, diluted	$ 2,716	$ 11,407	$ 1,048
Weighted average common shares outstanding
Basic shares outstanding (in shares)	14,341,872	14,527,902	15,531,924
Stock-based award (in shares)	783	11,711	18,020
Diluted shares outstanding (in shares)	14,342,655	14,539,613	15,549,944
Earnings per common share, basic (in dollars per share)	$ 189.42	$ 785.14	$ 67.47
Earnings per common share, diluted (in dollars per share)	$ 189.41	$ 784.51	$ 67.40

INCOME TAXES - Schedule of Comp

INCOME TAXES - Schedule of Components of Income Tax Provision (Benefit) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Current U.S. federal income tax provision	$ 649	$ 400	$ 58
Deferred U.S. federal income tax provision / (benefit)	68	46	170
Total federal income tax provision	717	446	228
Current state and local income tax provision	157	372	4
Deferred state and local income tax (benefit) / provision	(71)	(222)	23
Total state and local income tax provision	86	150	27
Total non-U.S. income tax provision	12	15	9
Total provision for income taxes	$ 815	$ 611	$ 264

INCOME TAXES - Schedule of Effe

INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Pretax Income	$ 3,592	$ 12,077	$ 1,362
Income Tax Expense (Benefit)
Federal income taxes and rate	754	2,536	286
State and local income taxes, net of federal income tax benefit	118	804	53
Gain on acquisition	0	(2,703)	(105)
Tax credits	(44)	(26)	(20)
Effect of BOLI surrender	0	0	48
Adjustment to unrecognized tax benefits	44	2	0
Deferred tax liability adjustment	(78)	11	(8)
Difference in tax rates applicable to non-U.S. earnings	1	1	1
Valuation allowances	(11)	(40)	(5)
Other	31	26	14
Total provision for income taxes	$ 815	$ 611	$ 264
Percentage of Pretax Income
Federal income taxes and rate	21%	21%	21%
State and local income taxes, net of federal income tax benefit	3.30%	6.70%	3.90%
Gain on acquisition	0%	(22.40%)	(7.70%)
Tax credits	(1.20%)	(0.20%)	(1.50%)
Effect of BOLI surrender	0%	0%	3.50%
Adjustment to unrecognized tax benefits	1.20%	0%	0%
Deferred tax liability adjustment	(2.20%)	0.10%	(0.60%)
Difference in tax rates applicable to non-U.S. earnings	0%	0%	0.10%
Valuation allowances	(0.30%)	(0.30%)	(0.40%)
Other	0.90%	0.20%	1.10%
Provision for income taxes and effective income tax rate	22.70%	5.10%	19.40%

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Effective Income Tax Rate Reconciliation [Line Items]
Amount of unrecognized deferred tax liability, reinvested earnings of foreign subsidiaries	$ 20
Reinvested earnings of foreign subsidiaries	698
Net operating loss carry forwards	76	$ 118
Tax credits	79	21
Deferred tax assets, valuation allowance	17	28
Unrecognized tax benefits, income tax penalties and interest accrued	9
Unrecognized tax benefits	86	$ 31	$ 30	$ 31
Decrease in unrecognized tax benefits is reasonably possible	10
State
Effective Income Tax Rate Reconciliation [Line Items]
Net operating loss carry forwards	60
Operating loss carryforwards	1,280
Tax credits	12
Deferred tax assets, valuation allowance	17
Foreign
Effective Income Tax Rate Reconciliation [Line Items]
Net operating loss carry forwards	11
Operating loss carryforwards	48
Tax credits	5
Federal
Effective Income Tax Rate Reconciliation [Line Items]
Net operating loss carry forwards	5
Operating loss carryforwards	25
Tax credits	$ 62

INCOME TAXES - Schedule of Co_2

INCOME TAXES - Schedule of Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Deferred Tax Assets:
Allowance for loan and lease losses	$ 500	$ 542
Net unrealized loss on investment securities available for sale	226	235
Deferred compensation	128	152
Capitalized costs	110	75
Lease liabilities	84	115
Tax credits	79	21
Net operating loss carry forwards	76	118
Accrued liabilities and reserves	53	104
Other	59	63
Total gross deferred tax assets	1,315	1,425
Deferred Tax Liabilities:
Basis difference in loans	(2,243)	(2,598)
Operating leases	(1,847)	(1,729)
Loans and direct financing leases	(329)	(260)
Pension assets	(129)	(110)
Right of use assets for operating leases	(73)	(110)
Other	(149)	(169)
Total deferred tax liabilities	(4,770)	(4,976)
Total net deferred tax liability before valuation allowances	(3,455)	(3,551)
Less: valuation allowances	(17)	(28)
Net deferred tax liability after valuation allowances	$ (3,472)	$ (3,579)

INCOME TAXES - Schedule of Unre

INCOME TAXES - Schedule of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of period	$ 31	$ 30	$ 31
Additions for tax positions related to current year	8	0	0
Additions for tax positions related to prior years	48	5	1
Reductions for tax positions of prior years	0	0	(2)
Expiration of statutes of limitations	(1)	(2)	(1)
Settlements	0	(2)	(5)
Balance at end of period	86	31	30
CIT Group Inc.
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Effect of CIT Merger	0	0	$ 6
Liabilities for Unrecognized Tax Benefits
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of period	28
Additions for tax positions related to current year	8
Additions for tax positions related to prior years	42
Reductions for tax positions of prior years	0
Expiration of statutes of limitations	(1)
Settlements	0
Balance at end of period	77	28
Liabilities for Unrecognized Tax Benefits | CIT Group Inc.
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Effect of CIT Merger	0
Interest / Penalties
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of period	3
Additions for tax positions related to current year	0
Additions for tax positions related to prior years	6
Reductions for tax positions of prior years	0
Expiration of statutes of limitations	0
Settlements	0
Balance at end of period	9	$ 3
Interest / Penalties | CIT Group Inc.
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Effect of CIT Merger	$ 0

EMPLOYEE BENEFIT PLANS - Narrat

EMPLOYEE BENEFIT PLANS - Narrative (Details)	12 Months Ended
	Dec. 31, 2024 USD ($) plan shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pension and other retirement plan assets	$ 658,000,000	$ 568,000,000
Number of defined benefit pension plans | plan	3
Number of defined benefit postretirement plan | plan	4
Expected future employer contributions, remainder of fiscal year	$ 0
Defined benefit plan, accumulated benefit obligation	1,090,000,000	1,120,000,000
Defined contribution plan, cost	$ 165,000,000	114,000,000	$ 55,000,000
Deferred compensation arrangement with individual, maximum contractual term	10 years
Accrued personnel cost	$ 705,000,000	676,000,000
SVBB
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pension and other retirement plan assets	0
Postretirement Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Plan termination			27,000,000
Total pension expense	$ 1,000,000	$ 1,000,000	$ (27,000,000)
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs vesting period	3 years
RSUs outstanding (in shares) | shares	0	20,255	42,989
RSUs grants (in shares) | shares	0	0
RSUs vested and settled in period, fair value	$ 31,000,000	$ 16,000,000
BancShares Pension Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employer contributions	$ 0	0
Vesting period	5 years
Number of consecutive years	5 years
Calculation of postretirement benefits, term	10 years
Bancorporation Pension Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employer contributions	$ 0	0
Vesting period	5 years
Number of consecutive years	5 years
Calculation of postretirement benefits, term	10 years
CIT Pension Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employer contributions	$ 0	0
Supplemental and Executive Retirement Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employer contributions	$ 0	$ 0
Interest crediting rate	4.30%	3.90%
401(k) Contribution Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of defined benefit pension plans | plan	2
FCB Legacy 401(k) Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Defined contribution plan, employer matching contribution, percent of employees' gross pay	4.50%
FCB Legacy 401(k) Plan | Defined Contribution Plan, Employer Matching Contribution, First Portion
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Defined contribution plan, employer matching contribution, percent of match	100%
Defined contribution plan, employer matching contribution, percent of employees' gross pay	3%
FCB Legacy 401(k) Plan | Defined Contribution Plan, Employer Matching Contribution, Next Portion
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Defined contribution plan, employer matching contribution, percent of match	50%
Defined contribution plan, employer matching contribution, percent of employees' gross pay	3%
FCB 401(k) Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Defined contribution plan, employer matching contribution, percent of match	100%
Defined contribution plan, employer non-elective contribution, vesting period	3 years
FCB 401(k) Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Defined contribution plan, employer matching contribution, percent of employees' gross pay	6%
FCB 401(k) Plan | Defined Contribution Plan, Employer Matching Contribution, Minimum Contribution
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Defined contribution plan, employer matching contribution, percent of employees' gross pay	3%

EMPLOYEE BENEFIT PLANS - Schedu

EMPLOYEE BENEFIT PLANS - Schedule of Changes in Projected Benefit Obligations, Plan Assets and Funded Status (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Change in plan assets
Plan assets at beginning of period	$ 1,589
Plan assets at end of period	1,648	$ 1,589
Reported in Consolidated Balance Sheets
Funded Pension Plans (other assets)	658	568
Retirement Plans
Change in benefit obligation
Benefit obligation at beginning of period	1,169	1,115
Service cost	10	9	$ 14
Interest cost	59	61	43
Actuarial (gain) loss	(30)	50
Benefits paid	(68)	(66)
Benefit obligation at end of period	1,140	1,169	1,115
Change in plan assets
Plan assets at beginning of period	1,589	1,404
Actual return on plan assets	121	245
Employer contributions	6	6
Benefits paid	(68)	(66)
Plan assets at end of period	1,648	1,589	$ 1,404
Funded status at December 31	508	420
Information for retirement plans with a benefit obligation in excess of plan assets
Projected and accumulated benefit obligations	49	54
Reported in Consolidated Balance Sheets
Net funded status of Retirement Plans	508	420
Retirement Plans | Other Assets
Reported in Consolidated Balance Sheets
Funded Pension Plans (other assets)	557	474
Retirement Plans | Other Liabilities
Reported in Consolidated Balance Sheets
Unfunded Supplemental and Executive Retirement Plans (other liabilities)	$ (49)	$ (54)

EMPLOYEE BENEFIT PLANS - Sche_2

EMPLOYEE BENEFIT PLANS - Schedule of Amounts Recognized in Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Retirement Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net actuarial gain	$ 182	$ 122

EMPLOYEE BENEFIT PLANS - Sche_3

EMPLOYEE BENEFIT PLANS - Schedule of Net Benefit Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Retirement Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 10	$ 9	$ 14
Interest cost	59	61	43
Expected return on assets	(91)	(85)	(87)
Net prior service credit amortization	0	0	0
Amortization of net actuarial loss	0	0	12
Total net periodic benefit	(22)	(15)	(18)
Current year actuarial (gain) loss	(60)	(109)	33
Amortization of actuarial loss	0	0	(12)
Current year amortization of prior service cost	0	0	0
Amortization of prior service cost	0	0	0
Net (gain) loss recognized in other comprehensive income	(60)	(109)	21
Total recognized in net periodic benefit cost and other comprehensive income	(82)	(124)	3
Postretirement Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost			0
Interest cost			0
Expected return on assets			0
Net prior service credit amortization			(27)
Amortization of net actuarial loss			0
Total net periodic benefit	$ 1	$ 1	(27)
Current year actuarial (gain) loss			0
Amortization of actuarial loss			0
Current year amortization of prior service cost			27
Amortization of prior service cost			(27)
Net (gain) loss recognized in other comprehensive income			0
Total recognized in net periodic benefit cost and other comprehensive income			$ (27)

EMPLOYEE BENEFIT PLANS - Sche_4

EMPLOYEE BENEFIT PLANS - Schedule of Defined Benefit Plan Benefit Obligation Assumptions (Details) - Retirement Plans	Dec. 31, 2024	Dec. 31, 2023
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount rate	5.69%	5.17%
Rate of compensation increase	4.60%	5.60%
Interest crediting rate	4.50%	4%

EMPLOYEE BENEFIT PLANS - Sche_5

EMPLOYEE BENEFIT PLANS - Schedule of Defined Benefit Plan Net Periodic Benefit Cost Assumptions (Details)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Retirement Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount rate	5.17%	5.57%	3.03%
Rate of compensation increase	5.60%	5.60%	5.60%
Expected long-term return on plan assets	6.18%	6.14%	5.87%
Interest crediting rate	4%	4.25%	1.50%
Postretirement Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount rate			3.02%

EMPLOYEE BENEFIT PLANS - Sche_6

EMPLOYEE BENEFIT PLANS - Schedule of Fair Value and Allocation of Plan Assets (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 1,648	$ 1,589
Actual % of Plans' Assets	100%	100%
Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 841	$ 763
Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	13	32
Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Not Classified
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	794	794
Cash and equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 56	$ 31
Actual % of Plans' Assets	3%	2%
Cash and equivalents | Minimum
Defined Benefit Plan Disclosure [Line Items]
Weighted Average Target Allocation Pension Plans	0%	0%
Cash and equivalents | Maximum
Defined Benefit Plan Disclosure [Line Items]
Weighted Average Target Allocation Pension Plans	5%	5%
Cash and equivalents | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 56	$ 31
Cash and equivalents | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and equivalents | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0
Equity securities
Defined Benefit Plan Disclosure [Line Items]
Actual % of Plans' Assets	48%	45%
Equity securities | Minimum
Defined Benefit Plan Disclosure [Line Items]
Weighted Average Target Allocation Pension Plans	25%	25%
Equity securities | Maximum
Defined Benefit Plan Disclosure [Line Items]
Weighted Average Target Allocation Pension Plans	65%	65%
Common and preferred stock
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 145	$ 134
Common and preferred stock | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	145	134
Common and preferred stock | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Common and preferred stock | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Mutual funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	182	126
Mutual funds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	182	126
Mutual funds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Mutual funds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Exchange traded funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	458	459
Exchange traded funds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	458	459
Exchange traded funds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Exchange traded funds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0
Fixed income
Defined Benefit Plan Disclosure [Line Items]
Actual % of Plans' Assets	45%	50%
Fixed income | Minimum
Defined Benefit Plan Disclosure [Line Items]
Weighted Average Target Allocation Pension Plans	30%	30%
Fixed income | Maximum
Defined Benefit Plan Disclosure [Line Items]
Weighted Average Target Allocation Pension Plans	65%	65%
U.S. government and government agency securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 7	$ 17
U.S. government and government agency securities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S. government and government agency securities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	7	17
U.S. government and government agency securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Corporate bonds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6	15
Corporate bonds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Corporate bonds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6	15
Corporate bonds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Exchange traded funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		13
Exchange traded funds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		13
Exchange traded funds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		0
Exchange traded funds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		0
Collective investment funds (fixed income)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	736	753
Collective investment funds (fixed income) | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Collective investment funds (fixed income) | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Collective investment funds (fixed income) | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Collective investment funds (fixed income) | Not Classified
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 736	$ 753
Alternative investments
Defined Benefit Plan Disclosure [Line Items]
Actual % of Plans' Assets	4%	3%
Alternative investments | Minimum
Defined Benefit Plan Disclosure [Line Items]
Weighted Average Target Allocation Pension Plans	0%	0%
Alternative investments | Maximum
Defined Benefit Plan Disclosure [Line Items]
Weighted Average Target Allocation Pension Plans	30%	30%
Limited partnerships
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 58	$ 41
Limited partnerships | Not Classified
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 58	$ 41

EMPLOYEE BENEFIT PLANS - Sche_7

EMPLOYEE BENEFIT PLANS - Schedule of Expected Benefit Payments (Details) - Retirement Plans $ in Millions	Dec. 31, 2024 USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2025	$ 72
2026	76
2027	79
2028	81
2029	83
2030-2034	$ 435

EMPLOYEE BENEFIT PLANS - Sche_8

EMPLOYEE BENEFIT PLANS - Schedule of Accrued Liabilities (Details) - Additional Benefits for Executives, Directors, and Officers - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Deferred Compensation Liability, Current and Noncurrent [Roll Forward]
Beginning balance	$ 34	$ 36
Benefit expense and interest cost	3	2
Benefits paid	(4)	(4)
Ending balance	$ 33	$ 34
Discount rate at December 31	4.86%	5.09%

EMPLOYEE BENEFIT PLANS - Sche_9

EMPLOYEE BENEFIT PLANS - Schedule of Nonvested Restricted Stock Units Activity (Details) - RSUs - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Number of Shares
Beginning balance (in shares)	20,255	42,989
Forfeited / cancelled (in shares)	0	(643)
Vested / settled awards (in shares)	(20,255)	(22,091)
Ending balance (in shares)	0	20,255
Weighted Average Grant Date Value
Beginning balance (in dollars per share)	$ 859.76	$ 859.76
Forfeited / cancelled (in dollars per share)	859.76	859.76
Vested / settled awards (in dollars per share)	859.76	859.76
Ending balance (in dollars per share)	$ 859.76	$ 859.76

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting, Asset Reconciling Item [Line Items]
Net interest income (expense)	$ 7,143	$ 6,712	$ 2,946
Rental income on operating lease equipment	1,048	971	864
All other noninterest income	1,567	11,104	1,272
Total noninterest income	2,615	12,075	2,136
Total income	9,758	18,787	5,082
Depreciation on operating lease equipment	394	371	345
Maintenance and other operating lease expenses	219	222	189
Personnel cost	3,078	2,636	1,408
Acquisition-related expenses	210	470	231
All other noninterest expense	1,834	1,636	902
Total noninterest expense	5,735	5,335	3,075
Provision for credit losses	431	1,375	645
Income (loss) before income taxes	3,592	12,077	1,362
Income tax expense	815	611	264
Net income	2,777	11,466	1,098
Loans and leases	140,221	133,302	70,781
Operating lease equipment, net	9,323	8,746	8,156
Deposits	155,229	145,854	89,408
Operating Segments | General Bank
Segment Reporting, Asset Reconciling Item [Line Items]
Net interest income (expense)	2,980	2,580	1,830
Rental income on operating lease equipment	0	0	0
All other noninterest income	612	526	483
Total noninterest income	612	526	483
Total income	3,592	3,106	2,313
Depreciation on operating lease equipment	0	0	0
Maintenance and other operating lease expenses	0	0	0
Personnel cost	787	725	549
Acquisition-related expenses	0	0	0
All other noninterest expense	1,244	1,114	909
Total noninterest expense	2,031	1,839	1,458
Provision for credit losses	153	77	11
Income (loss) before income taxes	1,408	1,190	844
Income tax expense	362	319	214
Net income	1,046	871	630
Loans and leases	66,768	62,832	43,212
Operating lease equipment, net	0	0	0
Deposits	73,062	68,729	67,894
Operating Segments | Commercial Bank
Segment Reporting, Asset Reconciling Item [Line Items]
Net interest income (expense)	1,100	1,015	884
Rental income on operating lease equipment	227	231	212
All other noninterest income	315	329	306
Total noninterest income	542	560	518
Total income	1,642	1,575	1,402
Depreciation on operating lease equipment	185	180	169
Maintenance and other operating lease expenses	0	0	0
Personnel cost	233	194	171
Acquisition-related expenses	0	0	0
All other noninterest expense	493	450	405
Total noninterest expense	911	824	745
Provision for credit losses	144	517	121
Income (loss) before income taxes	587	234	536
Income tax expense	147	69	128
Net income	440	165	408
Loans and leases	33,197	30,936	27,491
Operating lease equipment, net	750	780	723
Deposits	3,283	3,228	3,219
Operating Segments | SVB Commercial
Segment Reporting, Asset Reconciling Item [Line Items]
Net interest income (expense)	2,274	1,647	0
Rental income on operating lease equipment	0	0	0
All other noninterest income	565	430	0
Total noninterest income	565	430	0
Total income	2,839	2,077	0
Depreciation on operating lease equipment	0	0	0
Maintenance and other operating lease expenses	0	0	0
Personnel cost	530	401	0
Acquisition-related expenses	0	0	0
All other noninterest expense	1,023	883	0
Total noninterest expense	1,553	1,284	0
Provision for credit losses	134	65	0
Income (loss) before income taxes	1,152	728	0
Income tax expense	295	184	0
Net income	857	544	0
Loans and leases	40,194	39,511	0
Operating lease equipment, net	0	0	0
Deposits	36,637	34,730	0
Operating Segments | Rail
Segment Reporting, Asset Reconciling Item [Line Items]
Net interest income (expense)	(186)	(143)	(80)
Rental income on operating lease equipment	821	740	652
All other noninterest income	15	5	4
Total noninterest income	836	745	656
Total income	650	602	576
Depreciation on operating lease equipment	209	191	176
Maintenance and other operating lease expenses	219	222	189
Personnel cost	25	22	20
Acquisition-related expenses	0	0	0
All other noninterest expense	50	45	42
Total noninterest expense	503	480	427
Provision for credit losses	0	0	0
Income (loss) before income taxes	147	122	149
Income tax expense	36	32	37
Net income	111	90	112
Loans and leases	62	23	78
Operating lease equipment, net	8,573	7,966	7,433
Deposits	18	13	15
Corporate
Segment Reporting, Asset Reconciling Item [Line Items]
Net interest income (expense)	975	1,613	312
Rental income on operating lease equipment	0	0	0
All other noninterest income	60	9,814	479
Total noninterest income	60	9,814	479
Total income	1,035	11,427	791
Depreciation on operating lease equipment	0	0	0
Maintenance and other operating lease expenses	0	0	0
Personnel cost	1,503	1,294	668
Acquisition-related expenses	210	470	231
All other noninterest expense	(976)	(856)	(454)
Total noninterest expense	737	908	445
Provision for credit losses	0	716	513
Income (loss) before income taxes	298	9,803	(167)
Income tax expense	(25)	7	(115)
Net income	323	9,796	(52)
Loans and leases	0	0	0
Operating lease equipment, net	0	0	0
Deposits	$ 42,229	$ 39,154	$ 18,280

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Schedule of Fair Value, Off-balance Sheet Risks (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Financing assets (excluding leases)
Other Commitments [Line Items]
Credit related commitments	$ 53,250	$ 57,567
Standby letters of credit
Other Commitments [Line Items]
Credit related commitments	2,188	2,412
Other letters of credit
Other Commitments [Line Items]
Credit related commitments	103	103
Deferred Purchase Agreements
Other Commitments [Line Items]
Credit related commitments	1,802	2,076
Purchase and Funding Commitments
Other Commitments [Line Items]
Credit related commitments	$ 178	$ 685

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Other Commitments [Line Items]
Deferred purchase agreement, borrowings by client	$ 166	$ 143
Deferred purchase agreement, receivables with credit risk	1,740	1,920
Deferred purchase agreement, line of credit facility, maximum borrowing capacity	59	161
Loss contingency (up to)	10
Off-Balance Sheet Commitment
Other Commitments [Line Items]
Credit related commitments	$ 79	$ 66

CERTAIN RELATIONSHIPS AND REL_2

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Loans and leases	$ 140,221	$ 133,302	$ 70,781
Related Party
Related Party Transaction [Line Items]
Loans and leases	42	27
Related Party | Unfunded Loan Commitment
Related Party Transaction [Line Items]
Loans and leases	$ 14	$ 10

PARENT COMPANY FINANCIAL STAT_3

PARENT COMPANY FINANCIAL STATEMENTS - Schedule of Condensed Balance Sheet (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 814	$ 908
Interest-earning deposits at banks	21,364	33,609
Investment in marketable equity securities	101	84
Other assets	6,740	5,857
Total assets	223,720	213,758
Liabilities
Other liabilities	8,196	7,906
Total liabilities	201,492	192,503
Total stockholders’ equity	22,228	21,255	$ 9,662	$ 4,738
Total liabilities and stockholders’ equity	223,720	213,758
Parent
Assets
Cash and due from banks	310	200
Interest-earning deposits at banks	1	5
Investment in marketable equity securities	99	82
Note receivable from banking subsidiary	200	0
Investment in banking subsidiary	21,932	21,324
Investment in other subsidiaries	97	50
Other assets	75	60
Total assets	22,714	21,721
Liabilities
Subordinated debt	350	367
Borrowings due to banking subsidiary	44	45
Other liabilities	92	54
Total liabilities	486	466
Total stockholders’ equity	22,228	21,255
Total liabilities and stockholders’ equity	$ 22,714	$ 21,721

PARENT COMPANY FINANCIAL STAT_4

PARENT COMPANY FINANCIAL STATEMENTS - Schedule of Condensed Statements of Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income
Total income	$ 9,758	$ 18,787	$ 5,082
Expenses
Other expenses	460	377	240
Income tax (benefit) expense	815	611	264
Net income	2,777	11,466	1,098
Preferred stock dividends	61	59	50
Net income available to common stockholders, basic	2,716	11,407	1,048
Net income available to common shareholders, diluted	2,716	11,407	1,048
Parent
Income
Dividends from banking subsidiary	2,221	367	1,410
Other income (loss)	25	(8)	(2)
Total income	2,246	359	1,408
Expenses
Interest expense	16	22	19
Other expenses	61	40	26
Total expenses	77	62	45
Income before income taxes and equity in undistributed net income of subsidiaries	2,169	297	1,363
Income tax (benefit) expense	(22)	(14)	44
Income before equity in undistributed net income of subsidiaries	2,191	311	1,319
Equity in undistributed (distributed) net income of subsidiaries	586	11,155	(221)
Net income	2,777	11,466	1,098
Preferred stock dividends	61	59	50
Net income available to common stockholders, basic	2,716	11,407	1,048
Net income available to common shareholders, diluted	$ 2,716	$ 11,407	$ 1,048

PARENT COMPANY FINANCIAL STAT_5

PARENT COMPANY FINANCIAL STATEMENTS - Schedule of Condensed Statements of Cash Flows (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 2,777	$ 11,466	$ 1,098
Adjustments to reconcile net income to cash provided by operating activities:
Deferred tax expense (benefit)	6	(165)	206
Fair value adjustment on marketable equity securities, net	(13)	11	3
Stock based compensation expense	0	5	19
Realized (gain) loss on sale of investment securities, net	0	26	0
Net change in other assets	(495)	206	484
Net change in other liabilities	(34)	(379)	260
Other operating activities	1	(21)	(36)
Net cash provided by operating activities	2,988	2,660	2,791
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease in interest-earning deposits at banks	12,245	5,416	6,965
Purchase of marketable equity securities	(6)	0	0
Proceeds from sales of investments in marketable equity securities	15	0	0
Other investing activities	(473)	208	(108)
Net cash (used in) provided by investing activities	(10,155)	2,429	75
CASH FLOWS FROM FINANCING ACTIVITIES
Repurchase of Class A common stock	(1,648)	0	(1,240)
Cash dividends paid	(158)	(117)	(83)
Other financing activities	(14)	(7)	(24)
Net cash provided by (used in) financing activities	7,073	(4,699)	(2,686)
Net change in cash and due from banks	(94)	390	180
Cash and due from banks at beginning of period	908	518	338
Cash and due from banks at end of period	814	908	518
CASH PAYMENTS (REFUNDS) FOR:
Income taxes	763	514	(551)
Parent
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	2,777	11,466	1,098
Adjustments to reconcile net income to cash provided by operating activities:
(Undistributed) distributed net income of subsidiaries	(586)	(11,155)	221
Deferred tax expense (benefit)	2	(5)	48
Net amortization of premiums and discounts	0	0	1
Fair value adjustment on marketable equity securities, net	(13)	11	6
Stock based compensation expense	0	5	19
Realized (gain) loss on sale of investment securities, net	(6)	0	0
Net change in other assets	(15)	(17)	(3)
Net change in other liabilities	(5)	3	(2)
Other operating activities	3	0	0
Net cash provided by operating activities	2,157	308	1,388
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease in interest-earning deposits at banks	4	(2)	3
Purchase of marketable equity securities	(6)	0	0
Proceeds from sales of investments in marketable equity securities	15	0	0
Note receivable from banking subsidiary	(200)	0	0
Net cash paid in acquisition	0	0	(51)
Other investing activities	(23)	0	0
Net cash (used in) provided by investing activities	(210)	(2)	(48)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of other borrowings	0	0	(68)
Repayment of subordinated debt	(17)	(87)	0
(Repayment) proceeds for borrowings due to banking subsidiary	(1)	(15)	20
Repurchase of Class A common stock	(1,648)	0	(1,240)
Cash dividends paid	(158)	(117)	(83)
Other financing activities	(13)	(6)	(24)
Net cash provided by (used in) financing activities	(1,837)	(225)	(1,395)
Net change in cash and due from banks	110	81	(55)
Cash and due from banks at beginning of period	200	119	174
Cash and due from banks at end of period	310	200	119
CASH PAYMENTS (REFUNDS) FOR:
Interest	15	23	18
Income taxes	$ (1)	$ 470	$ (536)