First Citizens BancShares (FCNCA) 10-Q4 Aug 232023 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2023	Jul. 31, 2023
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	001-16715
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	56-1528994
Entity Address, Address Line One	4300 Six Forks Road
Entity Address, City or Town	Raleigh
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27609
City Area Code	(919)
Local Phone Number	716-7000
Title of 12(g) Security	Class B Common Stock, Par Value $1
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Registrant Name	FIRST CITIZENS BANCSHARES INC /DE/
Entity Central Index Key	0000798941
Current Fiscal Year End Date	--12-31
Document Period End Date	Jun. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Stock, Par Value $1
Title of 12(b) Security	Class A Common Stock, Par Value $1
Trading Symbol	FCNCA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		13,514,849
Depositary Shares, Each Representing a 1/40th Interest in a Share of 5.375% Non-Cumulative Perpetual Preferred Stock, Series A
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
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
Entity Common Stock, Shares Outstanding		1,005,185

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 917,000	$ 518,000
Interest-earning deposits at banks	37,846,000	5,025,000
Securities purchased under agreements to resell	298,000	0
Investment in marketable equity securities (cost of $75 at June 30, 2023 and $75 at December 31, 2022)	76,000	95,000
Investment securities available for sale (cost of $12,923 at June 30, 2023 and $9,967 at December 31, 2022), net of allowance for credit losses	11,894,000	8,995,000
Investment securities held to maturity (fair value of $8,652 at June 30, 2023 and $8,795 at December 31, 2022)	10,201,000	10,279,000
Assets held for sale	117,000	60,000
Loans and leases	133,015,000	70,781,000
Allowance for credit losses	(1,637,000)	(922,000)
Loans and leases, net of allowance for credit losses	131,378,000	69,859,000
Operating lease equipment, net	8,531,000	8,156,000
Premises and equipment, net	1,782,000	1,456,000
Goodwill	346,000	346,000
Other intangible assets	347,000	140,000
Other assets	5,769,000	4,369,000
Total assets	209,502,000	109,298,000
Deposits:
Noninterest-bearing	44,547,000	24,922,000
Interest-bearing	96,617,000	64,486,000
Total deposits	141,164,000	89,408,000
Credit balances of factoring clients	1,067,000	995,000
Borrowings:
Short-term borrowings	454,000	2,186,000
Long-term borrowings	39,685,000	4,459,000
Total borrowings	40,139,000	6,645,000
Other liabilities	7,361,000	2,588,000
Total liabilities	189,731,000	99,636,000
Stockholders’ equity
Preferred stock - $0.01 par value (20,000,000 and 10,000,000 shares authorized at June 30, 2023 and December 31, 2022, respectively)	881,000	881,000
Additional paid in capital	4,106,000	4,109,000
Retained earnings	15,541,000	5,392,000
Accumulated other comprehensive loss	(772,000)	(735,000)
Total stockholders’ equity	19,771,000	9,662,000
Total liabilities and stockholders’ equity	209,502,000	109,298,000
Class A Common Stock
Stockholders’ equity
Common stock	14,000	14,000
Class B Common Stock
Stockholders’ equity
Common stock	$ 1,000	$ 1,000

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Investment in marketable equity securities at cost	$ 75	$ 75
Investment securities available for sale at cost	12,923	9,967
Investment securities held to maturity at fair value	$ 8,652	$ 8,795
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	20,000,000	10,000,000
Class A Common Stock
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	32,000,000	16,000,000
Common stock, shares issued (in shares)	13,514,849	13,501,017
Common stock, shares outstanding (in shares)	13,514,849	13,501,017
Class B Common Stock
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	2,000,000	2,000,000
Common stock, shares issued (in shares)	1,005,185	1,005,185
Common stock, shares outstanding (in shares)	1,005,185	1,005,185

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Interest income
Interest and fees on loans	$ 2,353	$ 655	$ 3,370	$ 1,276
Interest on investment securities	120	89	227	172
Interest on deposits at banks	480	13	567	19
Total interest income	2,953	757	4,164	1,467
Interest expense
Deposits	575	42	863	81
Borrowings	417	15	490	37
Total interest expense	992	57	1,353	118
Net interest income	1,961	700	2,811	1,349
Provision for credit losses	151	42	934	506
Net interest income after provision for credit losses	1,810	658	1,877	843
Noninterest income
Rental income on operating lease equipment	238	213	471	421
Realized loss on sale of investment securities available for sale, net	0	0	(14)	0
Fair value adjustment on marketable equity securities, net	(10)	(6)	(19)	(3)
Bank-owned life insurance	2	9	7	17
Gain on sale of leasing equipment, net	4	5	8	11
Gain on acquisition	55	0	9,879	431
Gain on extinguishment of debt	0	0	0	6
Other noninterest income	32	26	68	42
Total noninterest income	658	424	10,917	1,274
Noninterest expense
Depreciation on operating lease equipment	91	89	180	170
Maintenance and other operating lease expenses	56	47	112	90
Salaries and benefits	775	345	1,195	701
Net occupancy expense	64	48	114	96
Equipment expense	133	54	191	106
Professional fees	21	11	32	23
Third-party processing fees	54	26	84	50
FDIC insurance expense	22	9	40	21
Marketing expense	41	9	56	17
Acquisition-related expenses	205	34	233	169
Intangible asset amortization	18	6	23	12
Other noninterest expense	92	67	167	100
Total noninterest expense	1,572	745	2,427	1,555
Income before income taxes	896	337	10,367	562
Income tax (benefit) expense	214	82	167	36
Net income	682	255	10,200	526
Preferred stock dividends	15	17	29	24
Net income available to common stockholders, basic	667	238	10,171	502
Net income available to common shareholders, diluted	$ 667	$ 238	$ 10,171	$ 502
Earnings per common share
Earnings per common share, basic (in dollars per share)	$ 45.90	$ 14.87	$ 700.10	$ 31.52
Earnings per common share, diluted (in dollars per share)	$ 45.87	$ 14.86	$ 699.53	$ 31.48
Weighted average common shares outstanding
Weighted average common shares outstanding, basic (in shares)	14,528,134	16,023,613	14,527,417	15,918,978
Weighted average common shares outstanding, diluted (in shares)	14,537,938	16,035,090	14,539,176	15,937,826
Fee income and other service charges
Noninterest income
Noninterest income	$ 69	$ 37	$ 116	$ 71
Client investment fees
Noninterest income
Noninterest income	52	0	54	0
Wealth management services
Noninterest income
Noninterest income	51	37	91	72
International fees
Noninterest income
Noninterest income	32	2	36	4
Service charges on deposit accounts
Noninterest income
Noninterest income	44	28	68	55
Factoring commissions
Noninterest income
Noninterest income	20	27	39	54
Cardholder services, net
Noninterest income
Noninterest income	41	26	62	51
Merchant services, net
Noninterest income
Noninterest income	14	9	24	19
Insurance commissions
Noninterest income
Noninterest income	$ 14	$ 11	$ 27	$ 23

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 682	$ 255	$ 10,200	$ 526
Other comprehensive loss, net of tax
Net unrealized loss on securities available for sale	(100)	(163)	(42)	(481)
Net change in unrealized loss on securities available for sale transferred to securities held to maturity	1	0	1	1
Net change in defined benefit pension items	(4)	3	4	5
Other comprehensive loss, net of tax	(103)	(160)	(37)	(475)
Total comprehensive income	$ 579	$ 95	$ 10,163	$ 51

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Millions	Total	Class A Common Stock	Class B Common Stock	Series A Preferred Stock	Series B Preferred Stock	Series C Preferred Stock	Preferred Stock	Preferred Stock Series B Preferred Stock	Preferred Stock Series C Preferred Stock	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Additional Paid in Capital	Retained Earnings	Retained Earnings Class A Common Stock	Retained Earnings Class B Common Stock	Retained Earnings Series A Preferred Stock	Retained Earnings Series B Preferred Stock	Retained Earnings Series C Preferred Stock	Accumulated Other Comprehensive 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	526												526
Other comprehensive loss, net of tax	(475)																		(475)
Stock based compensation	72											72
Cash dividends declared		$ (14)	$ (1)											$ (14)	$ (1)
Preferred stock dividends declared				$ (9)	$ (9)	$ (6)										$ (9)	$ (9)	$ (6)
Issued in CIT Merger:	5,279				334	207		$ 334	$ 207	6		5,273
Ending balance, shareholders' equity at Jun. 30, 2022	10,642						881			15	1	5,345	4,865						(465)
Beginning balance, shareholders' equity at Mar. 31, 2022	10,570						881			15	1	5,344	4,634						(305)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	255												255
Other comprehensive loss, net of tax	(160)																		(160)
Stock based compensation	1											1
Cash dividends declared		(7)	0											(7)	0
Preferred stock dividends declared				(5)	(9)	(3)										(5)	(9)	(3)
Ending balance, shareholders' equity at Jun. 30, 2022	10,642						881			15	1	5,345	4,865						(465)
Beginning balance, shareholders' equity at Dec. 31, 2022	9,662						881			14	1	4,109	5,392						(735)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	10,200												10,200
Other comprehensive loss, net of tax	(37)																		(37)
Stock based compensation	(3)											(3)
Cash dividends declared		(20)	(2)											(20)	(2)
Preferred stock dividends declared				(9)	(14)	(6)										(9)	(14)	(6)
Ending balance, shareholders' equity at Jun. 30, 2023	19,771						881			14	1	4,106	15,541						(772)
Beginning balance, shareholders' equity at Mar. 31, 2023	19,216						881			14	1	4,104	14,885						(669)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	682												682
Other comprehensive loss, net of tax	(103)																		(103)
Stock based compensation	2											2
Cash dividends declared		$ (10)	$ (1)											$ (10)	$ (1)
Preferred stock dividends declared				$ (5)	$ (7)	$ (3)										$ (5)	$ (7)	$ (3)
Ending balance, shareholders' equity at Jun. 30, 2023	$ 19,771						$ 881			$ 14	$ 1	$ 4,106	$ 15,541						$ (772)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Stockholders' Equity [Abstract]
Common share cash dividends declared (in dollars per share)	$ 0.75	$ 0.47	$ 0.75	$ 0.47

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
OPERATING ACTIVITIES
Net income	$ 10,200	$ 526
Adjustments to reconcile net income to cash provided by operating activities:
Provision for credit losses	934	506
Deferred tax (benefit) expense	(404)	14
Depreciation, amortization, and accretion, net	90	263
Stock based compensation expense	3	14
Realized loss on sale of investment securities available for sale, net	14	0
Fair value adjustment on marketable equity securities, net	19	3
Loss (gain) on sale of loans, net	1	(6)
Gain on sale of operating lease equipment, net	(8)	(11)
Gain on sale of premises and equipment, net	0	(4)
Gain on other real estate owned, net	(2)	(6)
Gain on acquisition	(9,879)	(431)
Gain on extinguishment of debt	0	(6)
Origination of loans held for sale	(286)	(342)
Proceeds from sale of loans held for sale	227	386
Net change in other assets	(70)	358
Net change in other liabilities	(274)	(11)
Other operating activities	(11)	(22)
Net cash provided by operating activities	554	1,231
CASH FLOWS FROM INVESTING ACTIVITIES
Net decrease in interest-earning deposits at banks	1,110	5,514
Purchases of investment securities available for sale	(3,095)	(1,284)
Proceeds from maturities of investment securities available for sale	486	676
Proceeds from sales of investment securities available for sale	1	0
Purchases of investment securities held to maturity	(213)	0
Proceeds from maturities of investment securities held to maturity	307	526
Net increase in securities purchased under agreements resell	(298)	0
Net decrease (increase) in loans	6,284	(2,153)
Proceeds from sales of loans	263	116
Net decrease (increase) in credit balances of factoring clients	72	(463)
Purchases of operating lease equipment	(586)	(339)
Proceeds from sales of operating lease equipment	76	40
Purchases of premises and equipment	(128)	(39)
Proceeds from sales of premises and equipment	0	12
Proceeds from sales of other real estate owned	10	22
Cash acquired, net of cash paid as consideration for acquisition	879	134
Other investing activities	1,373	(70)
Net cash provided by investing activities	6,541	2,692
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase (decrease) in time deposits	5,466	(1,676)
Net decrease in demand and other interest-bearing deposits	(9,780)	(110)
Net change in securities sold under customer repurchase agreements	9	57
Repayment of short-term borrowings	(2,250)	0
Proceeds from issuance of short-term borrowings	500	0
Repayment of long-term borrowings	(10,573)	(3,542)
Proceeds from issuance of long-term borrowings	9,990	1,652
Cash dividends paid	(52)	(38)
Other financing activities	(7)	(21)
Net cash used in financing activities	(6,697)	(3,678)
Change in cash and due from banks	398	245
Cash and due from banks at beginning of period	518	338
Cash and due from banks at end of period	917	583
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest	1,367	209
Income taxes	427	(2)
Significant non-cash investing and financing activities:
Transfers of loans to other real estate	20	2
Transfers of premises and equipment to other real estate	4	12
Dividends declared but not paid	0	1
Transfer of assets from held for investment to held for sale	261	55
Transfer of assets from held for sale to held for investment	11	21
Loans held for sale exchanged for investment securities	0	38
Commitments extended during the period on affordable housing investment credits	40	20
Purchase Money Note as consideration for SVBB Acquisition	35,808	0
Common Stock \| Issued for Acquisition
Significant non-cash investing and financing activities:
Issuance of stock	0	5,278
Common Stock \| Issued for Stock Based Compensation
Significant non-cash investing and financing activities:
Issuance of stock	0	81
Preferred Stock \| Issued for Acquisition
Significant non-cash investing and financing activities:
Issuance of stock	$ 0	$ 541

Significant Accounting Policies

Significant Accounting Policies and Basis of Presentation	6 Months Ended
Significant Accounting Policies and Basis of Presentation	Jun. 30, 2023
Accounting Policies [Abstract]
Significant Accounting Policies and Basis of Presentation	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,” or the “Bank”), which is headquartered in Raleigh, North Carolina. BancShares and its subsidiaries operate a network of more than 560 branches in 23 states, 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. BASIS OF PRESENTATION Principles of Consolidation and Basis of Presentation These consolidated financial statements and notes thereto are presented in accordance with instructions for Form 10-Q and Article 10 of Regulation S-X and, therefore, do not include all information and notes necessary for a complete presentation of financial position, results of operations and cash flow activity required in accordance with accounting principles generally accepted in the United States of America (“GAAP”). In the opinion of management, all normal recurring adjustments necessary for a fair presentation of the consolidated financial position and consolidated results of operations have been made. The unaudited interim consolidated financial statements included in this Quarterly Report on Form 10-Q should be read in conjunction with the Consolidated Financial Statements and Notes to the Consolidated Financial Statements included in BancShares’ Annual Report on Form 10-K for the year ended December 31, 2022 (the “2022 Form 10-K”). Interim results are not necessarily indicative of results for a full year. The consolidated financial statements of BancShares include the accounts of BancShares and its subsidiaries, certain partnership interests and variable interest entities (“VIEs”) where BancShares is the primary beneficiary, if applicable. All significant intercompany accounts and transactions are eliminated upon consolidation. Assets held in agency or fiduciary capacity are not included in the consolidated financial statements. Reclassifications In certain instances, amounts reported in the 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. 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 estimates related to the determination of the allowance for credit losses (“ACL”) and fair values of loans acquired in and the core deposit intangibles associated with a business combination are considered critical accounting estimates. Business Combinations BancShares accounts for all 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 value of the net tangible and intangible assets acquired 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, 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. Reportable Segments As of December 31, 2022, BancShares reported its financial results in the following reportable segments: General Banking, Commercial Banking, Rail, and Corporate segments. During the first quarter of 2023, BancShares added the Silicon Valley Banking (“SVB”) reportable segment, which includes the assets acquired, liabilities assumed and related operations from the SVBB Acquisition. ACCOUNTING POLICIES Significant accounting policies are described in the 2022 Form 10-K. We have further described relevant updates to the significant accounting policies presented below. Securities Purchased Under Agreement to Resell Securities purchased under agreement to resell (“reverse repos”) 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. Accrued interest receivables are recorded in other assets. Interest earned is recorded in interest income. 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. AHFS also includes operating lease equipment held for sale carried at LOCOM. Loans and Leases 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 are further described in Note 1 — Significant Accounting Policies and Basis of Presentation in the 2022 Form 10-K. SVB Loan Classes SVB loan classes were added to reflect the loans acquired in the SVBB Acquisition. The SVB loan classes are described below. 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 and life science/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 (“IPO”). 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 Commercial and Industrial (“C&I”) – Cash flow dependent and innovation C&I loans are made primarily to technology and life science/healthcare companies that are not investor dependent. Repayment of these loans is not dependent on additional equity financing, a successful sale or an IPO. • 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 and life science/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. Private Bank – Private banking includes loans to clients who are primarily private equity/venture capital professionals and executives in the innovation companies, as well as high net worth clients. We offer a customized suite of private banking services, including 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, we provide owner occupied commercial mortgages and real estate secured loans. Commercial Real Estate (“CRE”) – CRE consists generally of acquisition financing loans for commercial properties such as office buildings, retail properties, apartment buildings and industrial/warehouse space. Other – The remaining smaller acquired portfolios are aggregated into this category. These include other C&I, premium wine and other acquired portfolios. • Other C&I loans include working capital and revolving lines of credit, as well as term loans for equipment and fixed assets. These loans are primarily to clients that are not in the technology and life sciences/healthcare industries. Additionally, other C&I loans contain commercial tax-exempt loans to not-for-profit private schools, colleges, public charter schools and other not-for-profit organizations. • Premium wine loans are made to wine producers, vineyards and wine industry or hospitality businesses across the Western United States. A large portion of these loans are secured by real estate collateral such as vineyards and wineries. ▪ Other acquired portfolios consist primarily of construction and land loans for financing new developments as well as financing for improvements to existing buildings. These also include community development loans made as part of our responsibilities under the Community Reinvestment Act of 1977, and a small amount of Paycheck Protection Program (“PPP”) loans, which are loans guaranteed by the SBA that were issued through the PPP. 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 ACL is recorded with a corresponding increase to the provision for credit losses at the date of acquisition. The difference between the 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 ACL, which results in a gross up of the loan balance (the “PCD Gross-Up”). The initial ACL for PCD loans and leases 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 Credit Losses for additional information. Goodwill BancShares applied the acquisition method of accounting for the SVBB Acquisition and CIT Merger. The fair value of the net assets acquired 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. Refer to further discussion in Note 2 — Business Combinations and Note 7 — Goodwill and Core Deposit Intangibles. Derivative Assets and Liabilities Foreign Exchange Contracts SVB 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 In connection with negotiating credit facilities and certain other services, FCB may obtain rights that include an option to purchase a position in a client company's stock in the form of equity warrant assets in primarily private, venture-backed companies in the technology and life science/healthcare industries. These are generally categorized as Level 3 on the fair value hierarchy due to lack of direct observable pricing and a general lack of liquidity due to the private nature of the associated underlying company. Noninterest Income Refer to Note 1 — Significant Accounting Policies and Basis of Presentation in the 2022 Form 10-K for a discussion on revenue recognition and description of noninterest revenue-generating activities. Descriptions of significant noninterest income new to BancShares due to the SVBB Acquisition are summarized below. Client investment fees Client investment fees 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 on fixed income securities and repurchase agreements 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. International fees International fees 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 Accounting Standards Codification (“ASC 606”) because they are considered derivatives. Newly Adopted Accounting Standards BancShares adopted the following accounting standards as of January 1, 2023: ASU 2022-02 Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures- Issued March 2022 (“ASU 2022-02”) The amendments in this ASU: (i) eliminate the previous recognition and measurement guidance for TDRs, (ii) require new disclosures for loan modifications when a borrower is experiencing financial difficulty (the “Modification Disclosures”) and (iii) require disclosures of current period gross charge-offs by year of origination in the vintage disclosures (the “Gross Charge-off Vintage Disclosures”). The Modification Disclosures apply to the following modification types: principal forgiveness, interest rate reductions, other-than-insignificant payment delays, term extensions, or a combination thereof. Creditors are required to disclose the following by loan class: (i) amounts and relative percentages of each modification type, (ii) the financial effect of each modification type, (iii) the performance of the loan in the 12 months following the modification and (iv) qualitative information discussing how the modifications factored into the determination of the ACL. BancShares elected to apply the modified retrospective transition method for ACL recognition and measurement. The adoption of this ASU did not result in a cumulative effect adjustment to retained earnings. The Modification Disclosures and Gross Charge-off Vintage Disclosures are applied prospectively starting in the period of adoption and are presented in Note 4 — Loans and Leases.

Business Combinations

Business Combinations	6 Months Ended
Business Combinations	Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Business Combinations	BUSINESS COMBINATIONS Silicon Valley Bridge Bank Acquisition FCB completed the SVBB Acquisition on March 27, 2023 (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 has determined that the SVBB Acquisition constitutes a business combination as defined by the Financial Accounting Standards Board (“FASB”) ASC Topic 805, Business Combinations . Accordingly, the assets acquired and liabilities assumed are presented at their estimated fair values based on preliminary 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 and may require adjustments. FCB and the FDIC are awaiting conclusion of the customary final settlement process to determine whether certain assets and liabilities of SVBB will remain with the FDIC or be acquired or assumed by FCB (“Final Settlement”). As a result of progress toward Final Settlement made during the second quarter of 2023, we acquired additional net assets with book values of $702 million, primarily consisting of investment securities and cash, and reflected a corresponding increase to the principal amount of the Purchase Money Note (as defined and described below). While substantial progress was made during the second quarter of 2023, certain items remain pending as of June 30, 2023. The pending items primarily include certain intangible assets of a SVBB subsidiary and remaining options for leased bank premises and related furniture and equipment. These pending items are not reflected in the “Purchase Price Consideration; Unaudited Statement of Assets Acquired and Liabilities Assumed” table below. We continue to review information relating to events or circumstances existing at the SVBB Acquisition Date that could impact the preliminary fair value estimates. Until management finalizes its fair value estimates for the acquired assets and assumed liabilities, the preliminary gain on acquisition can be updated for a period not to exceed one year following the SVBB Acquisition Date (the “Measurement Period”). We believe the preliminary fair value estimates of assets acquired and liabilities assumed, including the affects of Measurement Period adjustments through June 30, 2023, provide a reasonable basis for determining the preliminary gain on acquisition. The fair value measurements of loans, core deposit intangibles, low-income housing tax credits, unfunded commitments, premises and equipment, and intangibles related to the Shared-Loss Agreement (as defined below) are preliminary at June 30, 2023 as we identify and assess information regarding the nature of these assets and liabilities and review the associated valuation assumptions and methodologies. Further, as described above, whether certain assets and liabilities are acquired or assumed by FCB is subject to the conclusion of Final Settlement. The tax treatment of FDIC-assisted acquisitions is complex and subject to interpretations that may result in future adjustments of deferred taxes as of the SVBB Acquisition Date. As such, the amounts recorded for tax assets and liabilities are considered provisional as we continue to evaluate the nature and extent of permanent and temporary differences between the book and tax bases of the acquired assets and liabilities assumed, as well as the tax impact on the preliminary gain on acquisition. Pursuant to the terms of the SVBB Purchase Agreement, FCB acquired assets with an estimated total fair value of approximately $107.26 billion as of the SVBB Acquisition Date, primarily including $68.46 billion of loans, net of the initial ACL for PCD loans, and $35.31 billion of cash and interest-earning deposits at banks. FCB also assumed liabilities with an estimated total fair value of approximately $61.07 billion, primarily including $55.90 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 “Purchase Price Consideration; Unaudited Statement of Assets Acquired and Liabilities Assumed” table below. In connection with the SVBB Acquisition, FCB issued a five 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 BancShares’ Class A common stock, par value $1 (“Class A Common Stock”), over the two FCB and the FDIC also entered into terms and conditions for a five 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 covers an estimated $60 billion of commercial loans (collectively, the “Covered Assets”). 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 after the SVBB Acquisition Date that were unfunded commitments to loans at the SVBB Acquisition Date for a period of one year after 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. The following tables provide the purchase price allocation to the identifiable assets acquired and liabilities assumed at their estimated fair values as of the SVBB Acquisition Date. The amounts below reflect Measurement Period adjustments made during the second quarter of 2023, which increased the preliminary after tax gain on acquisition by $55 million. These Measurement Period adjustments primarily relate to refined fair value estimates for acquired affordable housing tax credit investments, loans, and assets and liabilities of acquired SVBB subsidiaries. Purchase Price Consideration; Unaudited Statement of Assets Acquired and Liabilities Assumed 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 1,379 Interest-earning deposits at banks 33,932 Investment securities 385 Loans and leases, net of PCD ACL 68,460 Affordable housing tax credit investments 1,273 Premises and equipment 310 Core deposit intangibles 230 Other assets 1,286 Total assets acquired $ 107,255 Liabilities Deposits 55,899 Borrowings 10 Deferred tax liabilities 3,277 Other liabilities 1,882 Total liabilities assumed $ 61,068 Fair value of net assets acquired 46,187 Preliminary gain on acquisition, after income taxes (2) $ 9,879 Preliminary gain on acquisition, before income taxes (2) $ 13,156 (1) The principal amount of the Purchase Money Note is the book value of net assets acquired of approximately $52.522 billion less the asset discount of $16.450 billion pursuant to the SVBB Purchase Agreement. The $35.808 billion above is net of a fair value discount of approximately $264 million. (2) The difference between the preliminary gain on acquisition before and after taxes reflects the deferred tax liabilities recorded in the SVBB Acquisition, as presented above. The preliminary gain on acquisition of $9.88 billion included in noninterest income 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 approximate fair value. Investment Securities Fair values for securities are based on quoted market prices, where available. If quoted market prices are not available, fair value estimates are based on observable inputs including quoted market prices for similar instruments, quoted market prices that are not in an active market or other inputs that are observable in the market. In the absence of observable inputs, fair value is 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 $68.73 billion, resulting in a discount of $2.31 billion that will be accreted into income over the contractual life of the loan using the effective interest method. Loans and Leases Acquired dollars in millions Loans and Leases UPB Fair Value Non-PCD loans and leases $ 68,729 $ 66,424 PCD loans and leases 2,558 2,036 Total loans and leases $ 71,287 $ 68,460 The following table summarizes PCD loans and leases that BancShares acquired in the SVBB Acquisition. PCD Loans and Leases dollars in millions Total PCD from SVBB Acquisition UPB $ 2,558 Fair value 2,036 Fair value discount 522 PCD gross-up (220) Non-credit discount (1) $ 302 (2) The non-credit discount of $302 million will be accreted into income over the contractual life of the 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 intangibles The following table presents the intangible asset recorded related to the valuation of core deposits: Intangible Asset dollars in millions Fair Value Estimated Useful Life Amortization Method Core deposit intangibles $ 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 estimates 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 is calculated as the difference in the alternative cost of funds and the net deposit cost. Refer to further discussion in Note 7 — Goodwill and Core Deposit Intangibles. Other assets The following table details other assets acquired: Other Assets dollars in millions Fair Value Accrued interest receivable $ 428 Federal Home Loan Bank stock / Federal Reserve Bank stock 320 Fair value of derivative financial instruments, net 197 Other 341 Total other assets $ 1,286 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 value of accrued interest receivable and the remaining other assets was determined to approximate book value. Refer to further discussion in Note 12 — Derivative Financial Instruments and Note 14 — Fair Value. Deposits Acquired deposits were essentially all transactional deposits. Thus, we determined carrying amounts approximate fair value. Deferred Tax liability The SVBB Acquisition is an asset acquisition for tax purposes and is therefore considered a taxable transaction. The deferred tax liability (“DTL”) 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 proportional amortization method. 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, net 336 Accrued expenses and accounts payable 262 Reserve for off-balance sheet credit exposures 253 Accrued interest payable 113 Other 203 Total other liabilities $ 1,882 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 Preliminary estimates indicate there is no material value to attribute to the loss indemnification asset or true-up liability. This is primarily based on evaluation of historical loss experience and the credit quality of the portfolio. Unaudited Pro Forma Information - SVBB Acquisition The amount of net interest income, noninterest income and net income of $700 million, $183 million and $224 million, respectively, attributable to the SVBB Acquisition were included in BancShares’ Consolidated Statement of Income for the six months ended June 30, 2023. SVBB’s net interest income, noninterest income and net income noted above reflect management’s best estimates, based on information available at the reporting date. 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 pro forma information on revenues and earnings for the SVBB Acquisition in accordance with ASC 805-10-50-2. CIT Group Inc. BancShares completed the CIT Merger on January 3, 2022 (the “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. The CIT Merger has been accounted for as a business combination under the acquisition method of accounting. Accordingly, the assets acquired and liabilities assumed were recorded at their estimated fair values as of the Merger Date. 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 merger and other future events that are highly subjective in nature and may require adjustments. The following table provides the purchase price allocation to the identifiable assets acquired and liabilities assumed at their estimated fair values as of the Merger Date: Purchase Price Consideration and Net Assets Acquired dollars in millions, except shares issued and price per share Purchase Price Allocation Common share consideration Shares of Class A Common Stock issued 6,140,010 Price per share on January 3, 2022 $ 859.76 Common stock consideration $ 5,279 Preferred stock consideration 541 Stock-based compensation consideration 81 Cash in lieu of fractional shares and other consideration paid 51 Purchase price consideration $ 5,952 Assets Cash and interest-earning deposits at banks $ 3,060 Investment securities 6,561 Assets held for sale 59 Loans and leases 32,714 Operating lease equipment 7,838 Bank-owned life insurance 1,202 Intangible assets 143 Other assets 2,198 Total assets acquired $ 53,775 Liabilities Deposits $ 39,428 Borrowings 4,536 Credit balances of factoring clients 1,534 Other liabilities 1,894 Total liabilities assumed $ 47,392 Fair value of net assets acquired 6,383 Gain on acquisition $ 431 BancShares recorded a gain on acquisition of $431 million in noninterest income, representing the excess of the fair value of net assets acquired over the purchase price. The gain on acquisition was not taxable. For a description of the fair value and unpaid principal balance of loans from the CIT Merger, as well as the methods used to determine the fair values of significant assets and liabilities, see Note 2 — Business Combinations in Item 8 of our 2022 Form 10-K.

Investment Securities

Investment Securities	6 Months Ended
Investment Securities	Jun. 30, 2023
Investments [Abstract]
Investment Securities	INVESTMENT SECURITIES The following tables include the amortized cost and fair value of investment securities at June 30, 2023 and December 31, 2022. Amortized Cost and Fair Value - Investment Securities dollars in millions June 30, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 4,763 $ — $ (129) $ 4,634 Government agency 143 — (3) 140 Residential mortgage-backed securities 5,443 — (633) 4,810 Commercial mortgage-backed securities 1,776 — (199) 1,577 Corporate bonds (1) 538 — (62) 476 Municipal bonds 260 — (3) 257 Total investment securities available for sale (1) $ 12,923 $ — $ (1,029) $ 11,894 Investment in marketable equity securities $ 75 $ 10 $ (9) $ 76 Investment securities held to maturity U.S. Treasury $ 476 $ — $ (50) $ 426 Government agency 1,502 — (174) 1,328 Residential mortgage-backed securities 4,406 — (690) 3,716 Commercial mortgage-backed securities 3,518 — (595) 2,923 Supranational securities 297 — (40) 257 Other 2 — — 2 Total investment securities held to maturity $ 10,201 $ — $ (1,549) $ 8,652 Total investment securities (1) $ 23,199 $ 10 $ (2,587) $ 20,622 (1) Balances presented net of allowance for credit losses of $3 million. December 31, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 2,035 $ — $ (137) $ 1,898 Government agency 164 — (2) 162 Residential mortgage-backed securities 5,424 1 (630) 4,795 Commercial mortgage-backed securities 1,774 — (170) 1,604 Corporate bonds 570 — (34) 536 Total investment securities available for sale $ 9,967 $ 1 $ (973) $ 8,995 Investment in marketable equity securities $ 75 $ 21 $ (1) $ 95 Investment securities held to maturity U.S. Treasury $ 474 $ — $ (50) $ 424 Government agency 1,548 — (186) 1,362 Residential mortgage-backed securities 4,605 — (723) 3,882 Commercial mortgage-backed securities 3,355 — (484) 2,871 Supranational securities 295 — (41) 254 Other 2 — — 2 Total investment securities held to maturity $ 10,279 $ — $ (1,484) $ 8,795 Total investment securities $ 20,321 $ 22 $ (2,458) $ 17,885 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. U.S. Treasury investments represents T-bills and Notes issued by the U.S. Treasury. Investments in government agency securities represent securities issued by the Small Business Association (“SBA”), Federal Home Loan Bank (“FHLB”) and other agencies. Investments in corporate bonds represent positions in debt securities of other financial institutions. Municipal bonds are general obligation bonds that were acquired in the SVBB Acquisition. Investments in supranational securities represent securities issued by the Supranational Entities and Multilateral Development Banks. Investments in marketable equity securities represent positions in common stock of publicly traded financial institutions. Other held to maturity investments include certificates of deposit with other financial institutions. BancShares also holds approximately 354,000 shares of Class B common stock of Visa, Inc. (“Visa”). Until the resolution of certain litigation, at which time the Visa Class B common stock will convert to publicly traded Visa Class A common stock, these shares are only transferable to other stockholders of Visa 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 rate for shares of Visa Class B common stock into shares of Visa Class A 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 common stock and the status of the resolution of certain litigation matters at Visa that would trigger the conversion of the Visa Class B common stock into Visa Class A common stock. Accrued interest receivables for available for sale and held to maturity debt securities were excluded from the estimate for credit losses. At June 30, 2023, accrued interest receivables for available for sale and held to maturity debt securities were $35 million and $18 million, respectively. At December 31, 2022, accrued interest receivables for available for sale and held to maturity debt securities were $33 million and $19 million, respectively. During the three and six months ended June 30, 2023 and 2022, there was no accrued interest that was deemed uncollectible and written off against interest income. 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 June 30, 2023 December 31, 2022 Cost Fair Value Cost Fair Value Investment securities available for sale Non-amortizing securities maturing in: One year or less $ 2,987 $ 2,975 $ 37 $ 37 After one through five years 1,910 1,787 2,068 1,928 After five through 10 years 510 457 483 455 After 10 years 154 148 17 14 Government agency 143 140 164 162 Residential mortgage-backed securities 5,443 4,810 5,424 4,795 Commercial mortgage-backed securities 1,776 1,577 1,774 1,604 Total investment securities available for sale (1) $ 12,923 $ 11,894 $ 9,967 $ 8,995 Investment securities held to maturity Non-amortizing securities maturing in: One year or less $ 2 $ 2 $ 51 $ 51 After one through five years 1,581 1,426 1,479 1,328 After five through 10 years 694 585 789 663 Residential mortgage-backed securities 4,406 3,716 4,605 3,882 Commercial mortgage-backed securities 3,518 2,923 3,355 2,871 Total investment securities held to maturity $ 10,201 $ 8,652 $ 10,279 $ 8,795 (1) Balances as of June 30, 2023 are presented net of the allowance for credit losses of $3 million. T he following table presents interest and dividend income on investment securities: Interest and Dividends on Investment Securities dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Interest income - taxable investment securities $ 118 $ 89 $ 224 $ 171 Interest income - nontaxable investment securities 2 — 2 — Dividend income - marketable equity securities — — 1 1 Interest on investment securities $ 120 $ 89 $ 227 $ 172 The following table presents the gross realized losses on the sales of investment securities available for sale: Realized Losses on Debt Securities Available For Sale dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Gross realized gains on sales of investment securities available for sale $ — $ — $ — $ — Gross realized losses on sales of investment securities available for sale — — (14) — Net realized losses on sales of investment securities available for sale $ — $ — $ (14) $ — The following table provides the fair value adjustment on marketable equity securities: Fair Value Adjustment on Marketable Equity Securities dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Fair value adjustment on marketable equity securities, net $ (10) $ (6) $ (19) $ (3) 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 June 30, 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 $ 2,760 $ (2) $ 1,874 $ (127) $ 4,634 $ (129) Government agency 51 (1) 89 (2) 140 (3) Residential mortgage-backed securities 896 (33) 3,854 (600) 4,750 (633) Commercial mortgage-backed securities 564 (17) 999 (182) 1,563 (199) Corporate bonds (1) 216 (19) 260 (43) 476 (62) Municipal bonds 248 (3) — — 248 (3) Total (1) $ 4,735 $ (75) $ 7,076 $ (954) $ 11,811 $ (1,029) December 31, 2022 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 $ 403 $ (27) $ 1,495 $ (110) $ 1,898 $ (137) Government agency 65 (1) 62 (1) 127 (2) Residential mortgage-backed securities 1,698 (165) 3,001 (465) 4,699 (630) Commercial mortgage-backed securities 836 (53) 752 (117) 1,588 (170) Corporate bonds 499 (30) 37 (4) 536 (34) Municipal bonds — — — — — — Total $ 3,501 $ (276) $ 5,347 $ (697) $ 8,848 $ (973) (1) Balances as of June 30, 2023 are presented net of the allowance for credit losses of $3 million. As of June 30, 2023, there were 389 investment securities available for sale with continuous unrealized losses for more than 12 months, of which 345 were government sponsored enterprise-issued mortgage-backed securities, government agency securities, or U.S. treasury securities and the remaining 44 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 June 30, 2023, no ACL was required. For corporate bonds and municipal 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 three corporate bonds carry credit-related losses of $3 million as of June 30, 2023, which is reflected in the provision for credit losses as presented in Note 5 — Allowance for Credit Losses. 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 and Multilateral Development Banks. Given the consistently strong credit rating of the U.S. Treasury, the Supranational Entities and Multilateral Development Banks and the long history of no credit losses on debt securities issued by government agencies and government sponsored entities, as of June 30, 2023, no ACL was required for held to maturity debt securities. Investment securities having an aggregate carrying value of $4.03 billion at June 30, 2023, and $4.20 billion at December 31, 2022, were pledged as collateral to secure public funds on deposit and certain short-term borrowings, and for other purposes as required by law. 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 June 30, 2023 or December 31, 2022. There were no debt securities held to maturity on non-accrual status as of June 30, 2023 or December 31, 2022. Certain investments held by BancShares were recorded in other assets. BancShares held FHLB stock of $119 million and $197 million at June 30, 2023 and December 31, 2022, respectively; these securities are recorded at cost. BancShares held $58 million and $58 million of nonmarketable securities without readily determinable fair values, which are measured at cost at June 30, 2023 and December 31, 2022, respectively. Investments in qualified affordable housing projects, all of which are accounted for under the proportional amortization method were $1.81 billion and $598 million at June 30, 2023 and December 31, 2022, respectively.

Loans and Leases

Loans and Leases	6 Months Ended
Loans and Leases	Jun. 30, 2023
Receivables [Abstract]
Loans and Leases	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. As disclosed in Note 2 — Business Combinations, the following tables and text data as of June 30, 2023 include loans acquired in the SVBB Acquisition. Loans by Class dollars in millions June 30, 2023 December 31, 2022 Commercial Commercial construction $ 3,182 $ 2,804 Owner occupied commercial mortgage 14,748 14,473 Non-owner occupied commercial mortgage 10,733 9,902 Commercial and industrial 25,376 24,105 Leases 2,130 2,171 Total commercial 56,169 53,455 Consumer Residential mortgage 14,065 13,309 Revolving mortgage 1,900 1,951 Consumer auto 1,425 1,414 Consumer other 657 652 Total consumer 18,047 17,326 SVB Global fund banking 29,333 — Investor dependent - early stage 1,840 — Investor dependent - growth stage 4,052 — Innovation C&I and cash flow dependent 8,905 — Private Bank 9,580 — CRE 2,530 — Other 2,559 — Total SVB 58,799 — Total loans and leases $ 133,015 $ 70,781 At June 30, 2023 and December 31, 2022, accrued interest receivable on loans included in other assets was $601 million and $203 million, respectively, and was excluded from the estimate of credit losses. There was a discount on acquired loans because the fair value was lower than the UPB as further discussed in Note 2 — Business Combinations. The discount on acquired loans is accreted to interest income over the contractual life of the loan using the effective interest method as further discussed in Note 1 — Significant Accounting Policies and Basis of Presentation. Accretion for the discount on acquired loans was $243 million and $260 million for the three and six months ended June 30, 2023, respectively. The following table presents selected components of the amortized cost of loans, including the unamortized discount on acquired loans. Components of Amortized Cost dollars in millions June 30, 2023 December 31, 2022 Deferred (fees) costs, including unamortized costs and unearned fees on non-PCD loans $ (17) $ 34 Net unamortized discount on acquired loans Non-PCD $ 2,202 $ 73 PCD 276 45 Total net unamortized discount $ 2,478 $ 118 The aging of the outstanding loans and leases by class at June 30, 2023 and December 31, 2022 is provided in the tables below. Loans and leases less than 30 days past due are considered current, as various grace periods allow borrowers to make payments within a stated period after the due date and remain in compliance with the respective agreement. Loans and Leases - Delinquency Status dollars in millions June 30, 2023 30-59 Days 60-89 Days 90 Days or Total Current Total Commercial Commercial construction $ — $ 9 $ 1 $ 10 $ 3,172 $ 3,182 Owner occupied commercial mortgage 20 9 39 68 14,680 14,748 Non-owner occupied commercial mortgage 38 115 260 413 10,320 10,733 Commercial and industrial 84 38 83 205 25,171 25,376 Leases 32 19 14 65 2,065 2,130 Total commercial 174 190 397 761 55,408 56,169 Consumer Residential mortgage 113 21 46 180 13,885 14,065 Revolving mortgage 12 2 8 22 1,878 1,900 Consumer auto 8 1 1 10 1,415 1,425 Consumer other 3 2 3 8 649 657 Total consumer 136 26 58 220 17,827 18,047 SVB Global fund banking 6 — — 6 29,327 29,333 Investor dependent - early stage 3 3 21 27 1,813 1,840 Investor dependent - growth stage — 8 12 20 4,032 4,052 Innovation C&I and cash flow dependent 15 2 19 36 8,869 8,905 Private Bank 9 10 17 36 9,544 9,580 CRE 1 2 — 3 2,527 2,530 Other 5 2 4 11 2,548 2,559 Total SVB 39 27 73 139 58,660 58,799 Total loans and leases $ 349 $ 243 $ 528 $ 1,120 $ 131,895 $ 133,015 December 31, 2022 30-59 Days 60-89 Days 90 Days or Total Current Total Commercial Commercial construction $ 50 $ — $ 1 $ 51 $ 2,753 $ 2,804 Owner occupied commercial mortgage 29 5 25 59 14,414 14,473 Non-owner occupied commercial mortgage 76 144 11 231 9,671 9,902 Commercial and industrial 173 26 53 252 23,853 24,105 Leases 59 17 16 92 2,079 2,171 Total commercial 387 192 106 685 52,770 53,455 Consumer Residential mortgage 73 16 52 141 13,168 13,309 Revolving mortgage 9 3 8 20 1,931 1,951 Consumer auto 7 1 1 9 1,405 1,414 Consumer other 4 2 3 9 643 652 Total consumer 93 22 64 179 17,147 17,326 Total loans and leases $ 480 $ 214 $ 170 $ 864 $ 69,917 $ 70,781 The amortized cost by class of loans and leases on non-accrual status, and loans and leases greater than 90 days past due and still accruing at June 30, 2023 and December 31, 2022 are presented below. Loans on Non-Accrual Status (1) (2) dollars in millions June 30, 2023 December 31, 2022 Non-Accrual Loans Loans > Non-Accrual Loans Loans > Commercial Commercial construction $ 4 $ — $ 48 $ — Owner occupied commercial mortgage 51 8 41 2 Non-owner occupied commercial mortgage 318 1 228 — Commercial and industrial 216 30 184 41 Leases 33 3 28 7 Total commercial 622 42 529 50 Consumer Residential mortgage 72 7 75 10 Revolving mortgage 17 — 18 — Consumer auto 4 — 4 — Consumer other 1 3 1 3 Total consumer 94 10 98 13 SVB Global fund banking — — — — Investor dependent - early stage 26 3 — — Investor dependent - growth stage 100 — — — Innovation C&I and cash flow dependent 43 13 — — Private Bank 29 2 — — CRE 14 — — — Other 1 4 — — Total SVB 213 22 — — Total loans and leases $ 929 $ 74 $ 627 $ 63 (1) Accrued interest that was reversed when the loan went to non-accrual status was $5 million for the six months ended June 30, 2023 and $4 million for the year ended December 31, 2022. (2) Non-accrual loans for which there was no related ACL totaled $74 million at June 30, 2023 and $63 million at December 31, 2022. Other real estate owned (“OREO”) and repossessed assets were $64 million as of June 30, 2023 and $47 million as of December 31, 2022. 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 Non-PCD 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 June 30, 2023 and December 31, 2022, 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 June 30, 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 $ 369 $ 1,260 $ 775 $ 374 $ 99 $ 60 $ 85 $ — $ 3,022 Special Mention — 58 — 49 30 — — — 137 Substandard 1 2 14 — 1 5 — — 23 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total commercial construction 370 1,320 789 423 130 65 85 — 3,182 Owner occupied commercial mortgage Pass 981 2,740 3,221 2,808 1,699 2,497 167 — 14,113 Special Mention 7 49 13 25 21 69 8 — 192 Substandard 6 35 98 70 43 185 6 — 443 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total owner occupied commercial mortgage 994 2,824 3,332 2,903 1,763 2,751 181 — 14,748 Non-owner occupied commercial mortgage Pass 1,182 2,575 1,660 1,669 1,119 1,349 47 — 9,601 Special Mention 7 — — 95 111 74 — — 287 Substandard 1 2 12 92 382 301 — — 790 Doubtful — — — — 46 9 — — 55 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 1,190 2,577 1,672 1,856 1,658 1,733 47 — 10,733 Commercial and industrial Pass 5,139 5,141 3,512 1,706 1,233 1,285 5,421 4 23,441 Special Mention 58 114 135 91 52 40 110 — 600 Substandard 44 142 123 204 131 261 232 1 1,138 Doubtful — 8 6 1 23 24 20 — 82 Ungraded — — — — — — 115 — 115 Total commercial and industrial 5,241 5,405 3,776 2,002 1,439 1,610 5,898 5 25,376 Leases Pass 415 595 387 292 146 105 — — 1,940 Special Mention 10 23 12 10 6 2 — — 63 Substandard 14 34 26 22 9 11 — — 116 Doubtful — 4 3 2 1 1 — — 11 Ungraded — — — — — — — — — Total leases 439 656 428 326 162 119 — — 2,130 Total commercial $ 8,234 $ 12,782 $ 9,997 $ 7,510 $ 5,152 $ 6,278 $ 6,211 $ 5 $ 56,169 SVB - Risk Classifications by Class June 30, 2023 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2023 2022 2021 2020 2019 2018 & Prior Revolving Total Global fund banking Pass $ 168 $ 180 $ 129 $ 96 $ 42 $ 8 $ 28,646 $ 39 $ 29,308 Special Mention — — — — — — 14 — 14 Substandard — — — — — — 11 — 11 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total global fund banking 168 180 129 96 42 8 28,671 39 29,333 Investor dependent - early stage Pass 115 893 298 83 33 6 142 2 1,572 Special Mention 2 1 — — — — — — 3 Substandard 1 69 85 19 7 2 55 — 238 Doubtful — 16 3 2 — — 6 — 27 Ungraded — — — — — — — — — Total investor dependent - early stage 118 979 386 104 40 8 203 2 1,840 Investor dependent - growth stage Pass 333 1,219 988 460 119 145 233 5 3,502 Special Mention — 19 55 19 — 1 — — 94 Substandard 5 119 100 78 8 19 28 — 357 Doubtful — 36 34 10 8 6 5 — 99 Ungraded — — — — — — — — — Total investor dependent - growth stage 338 1,393 1,177 567 135 171 266 5 4,052 Innovation C&I and cash flow dependent Pass 406 1,527 1,112 1,123 594 479 2,682 — 7,923 Special Mention — 85 37 — 27 49 72 — 270 Substandard 47 110 115 114 11 38 234 — 669 Doubtful — — 1 17 — — 25 — 43 Ungraded — — — — — — — — — Total innovation C&I and cash flow dependent 453 1,722 1,265 1,254 632 566 3,013 — 8,905 Private bank Pass 696 2,298 2,205 1,411 789 1,218 899 9 9,525 Special Mention — 2 2 — — 6 6 — 16 Substandard — — — — 2 9 4 — 15 Doubtful — — — 1 1 22 — — 24 Ungraded — — — — — — — — — Total private bank 696 2,300 2,207 1,412 792 1,255 909 9 9,580 CRE Pass 171 543 251 182 196 876 85 5 2,309 Special Mention — 3 11 3 3 17 — — 37 Substandard — 1 2 21 98 46 2 — 170 Doubtful — — 2 — 1 11 — — 14 Ungraded — — — — — — — — — Total CRE 171 547 266 206 298 950 87 5 2,530 Other Pass 97 456 416 311 139 543 372 65 2,399 Special Mention — 13 8 13 — 16 5 — 55 Substandard — 25 9 10 6 29 26 — 105 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total Other 97 494 433 334 145 588 403 65 2,559 Total SVB $ 2,041 $ 7,615 $ 5,863 $ 3,973 $ 2,084 $ 3,546 $ 33,552 $ 125 $ 58,799 Consumer Loans - Delinquency Status by Class June 30, 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 $ 1,221 $ 3,513 $ 3,615 $ 1,984 $ 740 $ 2,804 $ 8 $ — $ 13,885 30-59 days 3 15 11 7 6 71 — — 113 60-89 days — 2 5 2 1 11 — — 21 90 days or greater — 1 1 2 — 42 — — 46 Total residential mortgage 1,224 3,531 3,632 1,995 747 2,928 8 — 14,065 Revolving mortgage Current — — — — — — 1,792 86 1,878 30-59 days — — — — — — 9 3 12 60-89 days — — — — — — 1 1 2 90 days or greater — — — — — — 4 4 8 Total revolving mortgage — — — — — — 1,806 94 1,900 Consumer auto Current 276 514 324 171 81 49 — — 1,415 30-59 days 1 2 2 1 1 1 — — 8 60-89 days — — 1 — — — — — 1 90 days or greater — 1 — — — — — — 1 Total consumer auto 277 517 327 172 82 50 — — 1,425 Consumer other Current 74 128 65 10 5 19 348 — 649 30-59 days — — — — — 1 2 — 3 60-89 days — — — — — 1 1 — 2 90 days or greater — — — — — 1 2 — 3 Total consumer other 74 128 65 10 5 22 353 — 657 Total consumer $ 1,575 $ 4,176 $ 4,024 $ 2,177 $ 834 $ 3,000 $ 2,167 $ 94 $ 18,047 The following tables represent current credit quality indicators by origination year as of December 31, 2022: Commercial Loans - Risk Classifications by Class December 31, 2022 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2022 2021 2020 2019 2018 2017 & Prior Revolving Total Commercial construction Pass $ 1,140 $ 759 $ 511 $ 157 $ 27 $ 75 $ 42 $ — $ 2,711 Special Mention 4 — 18 18 — — — — 40 Substandard 2 — — 43 — 5 — — 50 Doubtful — — — 3 — — — — 3 Ungraded — — — — — — — — — Total commercial construction 1,146 759 529 221 27 80 42 — 2,804 Owner occupied commercial mortgage Pass 2,773 3,328 2,966 1,825 1,048 1,867 177 — 13,984 Special Mention 33 14 32 33 18 49 2 — 181 Substandard 24 47 41 28 47 114 6 — 307 Doubtful — — — — — 1 — — 1 Ungraded — — — — — — — — — Total owner occupied commercial mortgage 2,830 3,389 3,039 1,886 1,113 2,031 185 — 14,473 Non-owner occupied commercial mortgage Pass 2,501 1,658 1,794 1,397 680 933 48 — 9,011 Special Mention — 1 69 38 35 10 1 — 154 Substandard 3 11 68 324 58 236 — — 700 Doubtful — — — 17 — 20 — — 37 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 2,504 1,670 1,931 1,776 773 1,199 49 — 9,902 Commercial and industrial Pass 7,695 4,145 2,035 1,533 872 845 5,252 29 22,406 Special Mention 87 153 79 63 52 23 40 — 497 Substandard 106 117 194 132 166 145 200 1 1,061 Doubtful 1 4 3 11 6 16 7 — 48 Ungraded — — — — — — 93 — 93 Total commercial and industrial 7,889 4,419 2,311 1,739 1,096 1,029 5,592 30 24,105 Leases Pass 718 466 389 216 80 108 — — 1,977 Special Mention 21 22 17 9 4 — — — 73 Substandard 32 32 27 12 7 1 — — 111 Doubtful 2 3 2 1 1 — — — 9 Ungraded — — — — — 1 — — 1 Total leases 773 523 435 238 92 110 — — 2,171 Total commercial $ 15,142 $ 10,760 $ 8,245 $ 5,860 $ 3,101 $ 4,449 $ 5,868 $ 30 $ 53,455 Consumer Loans - Delinquency Status by Class December 31, 2022 Days Past Due: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2022 2021 2020 2019 2018 2017 & Prior Revolving Total Residential mortgage Current $ 3,485 $ 3,721 $ 2,097 $ 805 $ 413 $ 2,625 $ 22 $ — $ 13,168 30-59 days 3 7 6 5 3 49 — — 73 60-89 days 1 1 2 — 1 11 — — 16 90 days or greater — 1 1 2 2 46 — — 52 Total residential mortgage 3,489 3,730 2,106 812 419 2,731 22 — 13,309 Revolving mortgage Current — — — — — — 1,839 92 1,931 30-59 days — — — — — — 5 4 9 60-89 days — — — — — — 2 1 3 90 days or greater — — — — — — 5 3 8 Total revolving mortgage — — — — — — 1,851 100 1,951 Consumer auto Current 599 398 216 111 59 22 — — 1,405 30-59 days 1 2 2 1 1 — — — 7 60-89 days — 1 — — — — — — 1 90 days or greater — 1 — — — — — — 1 Total consumer auto 600 402 218 112 60 22 — — 1,414 Consumer other Current 160 82 13 6 2 19 361 — 643 30-59 days — — — — — 1 3 — 4 60-89 days — — — — — 1 1 — 2 90 days or greater — — — — — 1 2 — 3 Total consumer other 160 82 13 6 2 22 367 — 652 Total consumer $ 4,249 $ 4,214 $ 2,337 $ 930 $ 481 $ 2,775 $ 2,240 $ 100 $ 17,326 Gross Charge-offs Gross charge-off vintage disclosures by origination year and loan class are summarized in the following table for the six months ended June 30, 2023: Gross Charge-offs Six Months Ended June 30, 2023 Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2023 2022 2021 2020 2019 2018 & Prior Revolving Total Commercial Non-owner occupied commercial mortgage $ — $ — $ — $ — $ 17 $ 12 $ — $ — $ 29 Commercial and industrial 3 31 16 5 3 10 16 — 84 Leases — 5 3 1 1 1 — — 11 Total commercial 3 36 19 6 21 23 16 — 124 Consumer Residential mortgage — — — — — 2 — — 2 Consumer auto — 1 — — — — — — 1 Consumer other 3 1 — — — — 6 — 10 Total consumer 3 2 — — — 2 6 — 13 SVB Investor dependent - early stage 12 13 5 — — — — — 30 Investor dependent - growth stage 1 5 10 3 1 — 4 — 24 Innovation C&I and cash flow dependent — — — 42 — — 5 — 47 Total SVB 13 18 15 45 1 — 9 — 101 Total loans and leases $ 19 $ 56 $ 34 $ 51 $ 22 $ 25 $ 31 $ — $ 238 Loan Modifications for Borrowers Experiencing Financial Difficulties On January 1, 2023, we adopted ASU 2022-02 as further discussed in Note 1 — Significant Accounting Policies and Basis of Presentation. The Modification Disclosures required by ASU 2022-02 are included below. 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 borrowers current ability to repay. BancShares’ modifications granted to debtors experiencing financial difficulties typically take the form of term extensions, interest rate reductions, other-than-insignificant 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 loan modifications made to debtors experiencing financial difficulty, disaggregated by class and type of loan modification. The tables also include the weighted average term extensions, as well as the modification total relative to the total period-end amortized cost basis of loans in the respective loan class. Loan Modifications Made to Borrowers Experiencing Financial Difficulty (three months ended June 30, 2023) dollars in millions Term Extension (1) Other Than Insignificant Payment Delay Interest Rate Reduction Amortized Cost Weighted Average Term Extension (Months) Amortized Cost Weighted Average Payment Delay (Months) Amortized Cost Weighted Average Interest Rate Reduction Commercial Commercial construction $ — 47 $ — — $ — — % Owner occupied commercial mortgage 12 13 — — 1 3.50 Non-owner occupied commercial mortgage 161 15 — — — — Commercial and industrial 57 24 6 6 — 14.40 Total commercial 230 17 6 6 1 3.50 Consumer Residential mortgage 2 90 — — — — Revolving mortgage — 55 — — — — Consumer auto — 19 — — — — Consumer other — 60 — — — 9.21 Total consumer 2 84 — — — 9.21 SVB Investor dependent - early stage 2 6 6 4 — — Innovation C&I and cash flow dependent 42 3 23 7 — — Total SVB 44 3 29 6 — — Total loans and leases $ 276 16 $ 35 6 $ 1 3.70 % dollars in millions Term Extension (1) and Interest Rate Reduction Term Extension (1) and Other Than Insignificant Payment Delay Total Amortized Cost Weighted Average Term Extension (Months) Weighted Average Interest Rate Reduction Amortized Cost Weighted Average Term Extension (Months) Weighted Average Payment Delay (Months) Amortized Cost Total as a % of Loan and Lease Class Commercial Commercial construction $ — — — % $ — — — $ — 0.01 % Owner occupied commercial mortgage — — — — — — 13 0.09 Non-owner occupied commercial mortgage — — — — — — 161 1.50 Commercial and industrial — 28 5.18 — — — 63 0.25 Total commercial — 28 5.18 — — — 237 0.42 Consumer — Residential mortgage 3 60 3.44 — — — 5 0.03 Revolving mortgage — 44 0.41 — — — — 0.01 Consumer auto — 31 0.70 — — — — 0.01 Consumer other — — — — — — — 0.01 Total consumer 3 59 3.35 — — — 5 0.03 SVB Investor dependent - early stage — — — — — — 8 0.41 Innovation C&I and cash flow dependent — — — — — — 65 0.73 Total SVB — — — — — — 73 0.12 Total loans and leases $ 3 58 3.43 % $ — 0 0 $ 315 0.24 % Loan Modifications Made to Borrowers Experiencing Financial Difficulty (six months ended June 30, 2023) dollars in millions Term Extension (1) Other Than Insignificant Payment Delay Interest Rate Reduction Amortized Cost Weighted Average Term Extension (Months) Amortized Cost Weighted Average Payment Delay (Months) Amortized Cost Weighted Average Interest Rate Reduction Commercial Commercial construction $ 1 22 $ — — $ — — % Owner occupied commercial mortgage 22 12 — — 2 3.63 Non-owner occupied commercial mortgage 212 13 — — — — Commercial and industrial 67 22 6 6 — 14.40 Total commercial 302 15 6 6 2 3.62 Consumer Residential mortgage 3 62 — — — — Revolving mortgage — 56 — — — — Consumer auto — 19 — — — — Consumer other — 60 — — — 9.33 Total consumer 3 61 — — — 9.33 SVB Investor dependent - early stage 2 6 6 4 — — Innovation C&I and cash flow dependent 49 4 23 7 — — Other — 17 — — — — Total SVB 51 4 29 6 — — Total loans and leases $ 356 13 $ 35 6 $ 2 3.86 % dollars in millions Term Extension (1) and Interest Rate Reduction Term Extension (1) and Other Than Insignificant Payment Delay Total Amortized Cost Weighted Average Term Extension (Months) Weighted Average Interest Rate Reduction Amortized Cost Weighted Average Term Extension (Months) Weighted Average Payment Delay (Months) Amortized Cost Total as a % of Loan and Lease Class Commercial Commercial construction $ — — — % $ — — — $ 1 0.03 % Owner occupied commercial mortgage — 36 2.00 — — — 24 0.16 Non-owner occupied commercial mortgage — — — — — — 212 1.97 Commercial and industrial — 30 4.61 3 8 2 76 0.30 Total commercial — 32 3.68 3 8 2 313 0.56 Consumer — Residential mortgage 3 60 3.44 — — — 6 0.04 Revolving mortgage — 53 0.40 — — — — 0.02 Consumer auto — 31 0.70 — — — — 0.01 Consumer other — — — — — — — 0.01 Total consumer 3 59 3.31 — — — 6 0.04 SVB Investor dependent - early stage — — — — — — 8 0.41 Innovation C&I and cash flow dependent — — — — — — 72 0.81 Other — — — — — — — — Total SVB — — — — — — 80 0.14 Total loans and leases $ 3 57 3.34 % $ 3 8 2 $ 399 0.30 % (1) Term extensions include loans where the balloon payment has been deferred to a later date or is amortizing over an extended period. 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 allowance for credit losses because of the measurement methodologies used to estimate the allowance, a change to the allowance for credit losses 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. There were no significant amounts of modified loans that subsequently defaulted during the first and second quarters of 2023. The following tables present the amortized cost and performance of modified loans to borrowers experiencing financial difficulties. The period of delinquency is based on the number of days the scheduled payment is contractually past due. Modified Loans Payment Status (three months ended June 30, 2023) dollars in millions Current 30–59 Days Past Due 60–89 Days Past Due 90 days or greater Past Due Total Commercial Commercial construction $ — $ — $ — $ — $ — Owner occupied commercial mortgage 13 — — — 13 Non-owner occupied commercial mortgage 126 — — 35 161 Commercial and industrial 63 — — — 63 Total commercial 202 — — 35 237 Consumer Residential mortgage 5 — — — 5 Total consumer 5 — — — 5 SVB Investor dependent - early stage 5 — — 3 8 Innovation C&I and cash flow dependent 59 — — 6 65 Total SVB 64 — — 9 73 Total loans and leases $ 271 $ — $ — $ 44 $ 315 Modified Loans Payment Status (six months ended June 30, 2023) dollars in millions Current 30–59 Days Past Due 60–89 Days Past Due 90 days or greater Past Due Total Commercial Commercial construction $ 1 $ — $ — $ — $ 1 Owner occupied commercial mortgage 24 — — — 24 Non-owner occupied commercial mortgage 177 — — 35 212 Commercial and industrial 76 — — — 76 Total commercial 278 — — 35 313 Consumer Residential mortgage 6 — — — 6 Total consumer 6 — — — 6 SVB Investor dependent - early stage 5 — — 3 8 Innovation C&I and cash flow dependent 66 — — 6 72 Total SVB 71 — — 9 80 Total loans and leases $ 355 $ — $ — $ 44 $ 399 At June 30, 2023, there were $12 million of commitments to lend additional funds to debtors experiencing financial difficulty for which the terms of the loan were modified. Prior Period Troubled Debt Restructuring The following includes disclosures for certain loan modifications or restructurings as troubled debt restructurings (“TDRs”) for historical periods prior to adoption of ASU 2022-02. In general, a modification or restructuring of a loan was considered a TDR if, for economic or legal reasons related to a borrower’s financial difficulties, a concession is granted to the borrower that creditors would not otherwise consider. Many aspects of a borrower’s financial situation are assessed when determining whether they are experiencing financial difficulty. Concessions may have related to the contractual interest rate, maturity date, payment structure or other actions. The assessments of whether a borrower was experiencing (or is likely to experience) financial difficulty, and whether a concession had been granted, were subjective in nature and management’s judgment was required when determining whether a modification was classified as a TDR. Modified loans that met the definition of a TDR were subject to BancShares’ individually reviewed loans policy. The following table presents amortized cost of TDRs: TDRs dollars in millions December 31, 2022 Accruing Non-Accruing Total Commercial Commercial construction $ 2 $ 1 $ 3 Owner occupied commercial mortgage 46 9 55 Non-owner occupied commercial mortgage 24 30 54 Commercial and industrial 26 8 34 Leases — 1 1 Total commercial 98 49 147 Consumer Residential mortgage 33 17 50 Revolving mortgage 17 5 22 Consumer auto 2 — 2 Consumer other — — — Total consumer 52 22 74 Total TDRs $ 150 $ 71 $ 221 The following table summarizes the loan restructurings during the three and six months ended June 30, 2022 that were designated as TDRs. BancShares defines payment default as movement of the TDR to non-accrual status, which is generally 90 days past due, foreclosure or charge-off, whichever occurs first. Restructurings dollars in millions (except for number of loans) Three Months Ended June 30, 2022 Six Months Ended June 30, 2022 Number of Loans Amortized Cost at Period End Number of Loans Amortized Cost at Period End Loans and leases Interest only 6 $ 6 8 $ 6 Loan term extension 41 4 76 23 Below market rates 25 3 45 5 Discharge from bankruptcy 18 2 42 4 Total 90 $ 15 171 $ 38 There were $1.5 million commitments to lend additional funds to borrowers whose loan terms were modified in TDRs as of December 31, 2022. After a loan is determined to be a TDR, BancShares continues to track its performance under its most recent restructured terms. TDRs that subsequently defaulted during the three and six months ended June 30, 2022, and were classified as TDRs during the applicable 12-month period preceding June 30, 2022 were as follows: TDR Defaults dollars in millions Three Months Ended Six Months Ended June 30, 2022 June 30, 2022 TDR Defaults $ 1 $ 3 Loans Pledged The following table provides information regarding loans pledged as collateral for borrowing capacity through the FHLB of Atlanta and the Federal Reserve Bank (“FRB”) as of June 30, 2023 and December 31, 2022. Loans Pledged dollars in millions June 30, 2023 December 31, 2022 FHLB of Atlanta Lendable collateral value of pledged non-PCD loans $ 14,999 $ 14,918 Less: Advances 2,425 4,250 Less: Letters of Credit 1,450 1,450 Available borrowing capacity $ 11,124 $ 9,218 Pledged non-PCD loans (contractual balance) $ 23,969 $ 23,491 FRB Lendable collateral value of pledged non-PCD loans $ 4,817 $ 4,203 Less: Advances — — Available borrowing capacity $ 4,817 $ 4,203 Pledged non-PCD loans (contractual balance) $ 5,995 $ 5,697 five

Allowance for Credit Losses

Allowance for Credit Losses	6 Months Ended
Allowance for Credit Losses	Jun. 30, 2023
Receivables [Abstract]
Allowance for Credit Losses	ALLOWANCE FOR CREDIT LOSSES The ACL for loans and leases is reported in the allowance for credit losses on the Consolidated Balance Sheets, while the ACL for unfunded commitments is reported in other liabilities. The provision or benefit for credit losses related to (i) loans and leases (ii) unfunded commitments and (iii) investment securities available for sale is reported in the Consolidated Statements of Income as provision or benefit for credit losses. The initial ACL for PCD loans and leases acquired in the SVBB Acquisition and the CIT Merger (the “Initial PCD ACL”) 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 ACL 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 loans and leases”). The initial ACL for unfunded commitments acquired in the SVBB Acquisition and the CIT Merger were established through a corresponding increase to the provision for unfunded commitments (the “day 2 provision for unfunded commitments”). The ACL activity for loans and leases, unfunded commitments and investment securities is summarized in the following tables. ACL for Loans and Leases dollars in millions Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Commercial Consumer SVB Total Commercial Consumer SVB Total Balance at beginning of period $ 800 $ 143 $ 662 $ 1,605 $ 789 $ 133 $ — $ 922 Initial PCD ACL — — 20 20 — — 220 220 Day 2 provision for loans and leases — — — — — — 462 462 Provision (benefit) for credit losses - loans and leases 172 16 (19) 169 230 29 (19) 240 Total provision (benefit) for credit losses- loans and leases 172 16 (19) 169 230 29 443 702 Charge-offs (69) (6) (101) (176) (124) (13) (101) (238) Recoveries 12 3 4 19 20 7 4 31 Balance at June 30, 2023 $ 915 $ 156 $ 566 $ 1,637 $ 915 $ 156 $ 566 $ 1,637 Three Months Ended June 30, 2022 Six Months Ended June 30, 2022 Commercial Consumer SVB Total Commercial Consumer SVB Total Balance at beginning of period $ 743 $ 105 $ — $ 848 $ 80 $ 98 $ — $ 178 Initial PCD ACL (12) — — (12) 258 14 — 272 Day 2 provision for loans and leases — — — — 432 22 — 454 Provision (benefit) for credit losses - loans and leases 33 3 — 36 10 (27) — (17) Total provision (benefit) for credit losses- loans and leases 33 3 — 36 442 (5) — 437 Charge-offs (36) (5) — (41) (64) (10) — (74) Recoveries 12 7 — 19 24 13 — 37 Balance at June 30, 2022 $ 740 $ 110 $ — $ 850 $ 740 $ 110 $ — $ 850 ACL for Unfunded Commitments dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Beginning balance $ 352 $ 75 $ 106 $ 12 Day 2 provision for unfunded commitments — — 254 59 (Benefit) provision for unfunded commitments (17) 6 (25) 10 Total (benefit) provision for credit losses - unfunded commitments (17) 6 229 69 Ending balance $ 335 $ 81 $ 335 $ 81 ACL for Investment Securities dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Beginning balance $ 4 $ — $ — $ — (Benefit) provision for credit losses - investment securities available for sale (1) — 3 — Ending balance $ 3 $ — $ 3 $ —

Leases

Leases	6 Months Ended
Leases	Jun. 30, 2023
Leases [Abstract]
Leases	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 16 years. Our lease terms may include options to extend or terminate the lease. 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 June 30, 2023 December 31, 2022 ROU assets: Operating leases Other assets $ 360 $ 345 Finance leases Premises and equipment 6 7 Total ROU assets $ 366 $ 352 Lease liabilities: Operating leases Other liabilities $ 368 $ 352 Finance leases Other borrowings 6 7 Total lease liabilities $ 374 $ 359 Weighted-average remaining lease terms: Operating leases 9.0 years 9.6 years Finance leases 3.6 years 4.1 years Weighted-average discount rate: Operating leases 2.42 % 2.19 % Finance leases 2.33 2.34 The following table presents components of lease cost: Components of Net Lease Cost dollars in millions Three Months Ended June 30, Six Months Ended June 30, Classification 2023 2022 2023 2022 Lease cost Operating lease cost (1) Occupancy Expense $ 15 $ 15 $ 28 $ 30 Finance lease cost Amortization of leased assets Equipment expense — 1 1 1 Variable lease cost Occupancy Expense 4 3 7 6 Sublease income Occupancy Expense (1) (1) (1) (1) Net lease cost $ 18 $ 18 $ 35 $ 36 (1) Includes short-term lease cost, which is not significant. 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 13 years. The following table presents supplemental cash flow information related to leases: Supplemental Cash Flow Information dollars in millions Six Months Ended June 30, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 28 $ 26 Financing cash flows from finance leases 1 1 ROU assets obtained in exchange for new operating lease liabilities 10 15 Lessor BancShares leases equipment to commercial end-users under operating lease and finance lease arrangements. The majority of operating lease equipment is long-lived rail equipment, which is typically leased several times over its life. We also lease technology and office equipment, and large and small industrial, medical, and transportation equipment under both operating leases and finance leases. The table that follows presents lease income related to BancShares’ operating and finance leases: Lease Income dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Lease income – Operating leases $ 221 $ 196 $ 435 $ 391 Variable lease income – Operating leases (1) 17 17 36 30 Rental income on operating leases 238 213 471 421 Interest income - Sales type and direct financing leases 43 42 84 84 Variable lease income included in Other noninterest income (2) 14 13 28 23 Interest income - Leveraged leases 4 5 9 9 Total lease income $ 299 $ 273 $ 592 $ 537 (1) Primarily includes per diem railcar operating lease rental income earned on a time or mileage usage basis. (2) Includes leased equipment property tax reimbursements due from customers of $3 million and $8 million for the three and six months ended June 30, 2023, respectively, and revenue related to insurance coverage on leased equipment of $10 million and $21 million for the three and six months ended June 30, 2023, respectively. Includes leased equipment property tax reimbursements due from customers of $5 million and $8 million for the three and six months ended June 30, 2022, respectively, and revenue related to insurance coverage on leased equipment of $8 million and $15 million for the three and six months ended June 30, 2022, respectively.
Leases	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 16 years. Our lease terms may include options to extend or terminate the lease. 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 June 30, 2023 December 31, 2022 ROU assets: Operating leases Other assets $ 360 $ 345 Finance leases Premises and equipment 6 7 Total ROU assets $ 366 $ 352 Lease liabilities: Operating leases Other liabilities $ 368 $ 352 Finance leases Other borrowings 6 7 Total lease liabilities $ 374 $ 359 Weighted-average remaining lease terms: Operating leases 9.0 years 9.6 years Finance leases 3.6 years 4.1 years Weighted-average discount rate: Operating leases 2.42 % 2.19 % Finance leases 2.33 2.34 The following table presents components of lease cost: Components of Net Lease Cost dollars in millions Three Months Ended June 30, Six Months Ended June 30, Classification 2023 2022 2023 2022 Lease cost Operating lease cost (1) Occupancy Expense $ 15 $ 15 $ 28 $ 30 Finance lease cost Amortization of leased assets Equipment expense — 1 1 1 Variable lease cost Occupancy Expense 4 3 7 6 Sublease income Occupancy Expense (1) (1) (1) (1) Net lease cost $ 18 $ 18 $ 35 $ 36 (1) Includes short-term lease cost, which is not significant. 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 13 years. The following table presents supplemental cash flow information related to leases: Supplemental Cash Flow Information dollars in millions Six Months Ended June 30, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 28 $ 26 Financing cash flows from finance leases 1 1 ROU assets obtained in exchange for new operating lease liabilities 10 15 Lessor BancShares leases equipment to commercial end-users under operating lease and finance lease arrangements. The majority of operating lease equipment is long-lived rail equipment, which is typically leased several times over its life. We also lease technology and office equipment, and large and small industrial, medical, and transportation equipment under both operating leases and finance leases. The table that follows presents lease income related to BancShares’ operating and finance leases: Lease Income dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Lease income – Operating leases $ 221 $ 196 $ 435 $ 391 Variable lease income – Operating leases (1) 17 17 36 30 Rental income on operating leases 238 213 471 421 Interest income - Sales type and direct financing leases 43 42 84 84 Variable lease income included in Other noninterest income (2) 14 13 28 23 Interest income - Leveraged leases 4 5 9 9 Total lease income $ 299 $ 273 $ 592 $ 537 (1) Primarily includes per diem railcar operating lease rental income earned on a time or mileage usage basis. (2) Includes leased equipment property tax reimbursements due from customers of $3 million and $8 million for the three and six months ended June 30, 2023, respectively, and revenue related to insurance coverage on leased equipment of $10 million and $21 million for the three and six months ended June 30, 2023, respectively. Includes leased equipment property tax reimbursements due from customers of $5 million and $8 million for the three and six months ended June 30, 2022, respectively, and revenue related to insurance coverage on leased equipment of $8 million and $15 million for the three and six months ended June 30, 2022, respectively.

Goodwill and Core Deposit Intan

Goodwill and Core Deposit Intangibles	6 Months Ended
Goodwill and Core Deposit Intangibles	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Core Deposit Intangibles	GOODWILL AND CORE DEPOSIT INTANGIBLES Goodwill BancShares applied the acquisition method of accounting for the SVBB Acquisition and the CIT Merger. The fair value of the net assets acquired exceeded the purchase prices for both acquisitions. Consequently, there was a gain on acquisition (and no goodwill) as discussed further in Note 2 — Business Combinations. BancShares had goodwill of $346 million at June 30, 2023 and December 31, 2022 that relates to business combinations completed prior to the SVBB Acquisition and the CIT Merger. All of the goodwill relates to the General Banking reporting segment. There was no goodwill impairment during the six months ended June 30, 2023 or 2022. 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 life. The following tables summarize the activity for core deposit intangibles during the six months ended June 30, 2023. Core Deposit Intangibles dollars in millions 2023 Balance, net of accumulated amortization at January 1 $ 140 Core deposit intangibles related to the SVBB Acquisition 230 Amortization for the period (23) Balance at June 30, net of accumulated amortization $ 347 Core Deposit Intangible Accumulated Amortization dollars in millions June 30, 2023 December 31, 2022 Gross balance $ 501 $ 271 Accumulated amortization (154) (131) Balance, net of accumulated amortization $ 347 $ 140 The following table summarizes the expected amortization expense as of June 30, 2023 in subsequent periods for core deposit intangibles. Core Deposit Intangible Expected Amortization dollars in millions Remainder 2023 $ 34 2024 63 2025 54 2026 46 2027 39 2028 35 Thereafter 76 Balance, net of accumulated amortization $ 347

Variable Interest Entities

Variable Interest Entities	6 Months Ended
Variable Interest Entities	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	VARIABLE INTEREST ENTITIES Variable Interest Entities Described below are the results of BancShares’ assessment of its variable interests in order to determine its current status with regard to being the VIE primary beneficiary. Refer to Note 1 — Significant Accounting Policies and Basis of Presentation for additional information on accounting for VIEs and investments in qualified housing projects. Consolidated VIEs At June 30, 2023 and December 31, 2022, there were no consolidated VIEs. Unconsolidated VIEs Unconsolidated VIEs include limited partnership interests and joint ventures where BancShares’ involvement is limited to an investor interest and BancShares does not have the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance or obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. The table below provides a summary of the assets and liabilities included on the Consolidated Balance Sheets associated with unconsolidated VIEs. The table also presents our maximum exposure to loss which consists of outstanding book basis and unfunded commitments for future investments, and represents potential losses that would be incurred under hypothetical circumstances, such that the value of BancShares’ interests and any associated collateral declines to zero and assuming no recovery. BancShares believes the possibility is remote under this hypothetical scenario; accordingly, this disclosure is not an indication of expected loss. As disclosed in Note 2 — Business Combinations, the following tables as of June 30, 2023 include VIEs acquired in the SVBB Acquisition. Unconsolidated VIEs Carrying Value dollars in millions June 30, 2023 December 31, 2022 Investment in qualified affordable housing projects $ 1,808 $ 598 Other tax credit equity investments 4 5 Total tax credit equity investments $ 1,812 $ 603 Other unconsolidated investments 161 159 Total assets (maximum loss exposure) (1) $ 1,973 $ 762 Liabilities for commitments to tax credit investments (2) $ 926 $ 295 (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.

Other Assets

Other Assets	6 Months Ended
Other Assets	Jun. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	OTHER ASSETS The following table includes the components of other assets. The increases from December 31, 2022 primarily reflect other assets acquired in conjunction with the SVBB Acquisition as further discussed in Note 2 — Business Combinations. Other Assets dollars in millions June 30, 2023 December 31, 2022 Affordable housing tax credit and other unconsolidated investments (1) $ 2,010 $ 762 Right of use assets for operating leases, net 360 345 Pension assets 359 343 Accrued interest receivable 732 329 Income tax receivable 208 275 Federal Home Loan Bank stock 119 197 Fair value of derivative financial instruments 758 159 Bank-owned life insurance 104 586 Counterparty receivables 113 98 Nonmarketable equity securities 58 58 Other real estate owned 62 47 Mortgage servicing rights 25 25 Other (2) 861 1,145 Total other assets $ 5,769 $ 4,369 (1) Refer to Note 8 — Variable Interest Entities for additional information. (2) The balance at December 31, 2022 included $607 million in “Other” related to bank-owned life insurance policies that had terminated, but not cash-settled. These items cash-settled during 2023.

Deposits

Deposits	6 Months Ended
Deposits	Jun. 30, 2023
Statistical Disclosure for Banks [Abstract]
Deposits	DEPOSITS The following table provides detail on deposit types. The deposit balances as of June 30, 2023 include those acquired in the SVBB Acquisition, as described in Note 2 — Business Combinations. Deposit Types dollars in millions June 30, 2023 December 31, 2022 Noninterest-bearing demand $ 44,547 $ 24,922 Checking with interest 24,809 16,202 Money market 29,149 21,040 Savings 26,389 16,634 Time 16,270 10,610 Total deposits $ 141,164 $ 89,408 At June 30, 2023, the scheduled maturities of time deposits were: Deposit Maturities dollars in millions Twelve months ended June 30, 2024 $ 13,744 2025 2,042 2026 286 2027 50 2028 23 Thereafter 125 Total time deposits $ 16,270

Borrowings

Borrowings	6 Months Ended
Borrowings	Jun. 30, 2023
Debt Disclosure [Abstract]
Borrowings	BORROWINGS Short-term Borrowings Short-term borrowings at June 30, 2023 and December 31, 2022 include: dollars in millions June 30, 2023 December 31, 2022 Securities sold under customer repurchase agreements $ 454 $ 436 Notes payable to FHLB of Atlanta at overnight SOFR plus 0.28%. — 1,750 Total short-term borrowings $ 454 $ 2,186 Securities Sold under Agreements to Repurchase BancShares held $454 million and $436 million at June 30, 2023 and December 31, 2022, respectively, of securities sold under agreements to repurchase that have overnight contractual maturities and are collateralized by government agency securities. BancShares utilizes securities sold under agreements to repurchase to facilitate the needs for collateralization of commercial customers and secure wholesale funding needs. Repurchase agreements are transactions whereby BancShares offers to sell to a counterparty an undivided interest in an eligible security at an agreed upon purchase price, and which obligates BancShares to repurchase the security at an agreed upon date, repurchase price and interest rate. These agreements are recorded at the amount of cash received in connection with the transactions and are reflected as securities sold under customer repurchase agreements. BancShares monitors collateral levels on a continuous basis and maintains records of each transaction specifically describing the applicable security and the counterparty’s fractional interest in that security, and segregates the security from general assets in accordance with regulations governing custodial holdings of securities. The primary risk with repurchase agreements is market risk associated with the investments securing the transactions, as additional collateral may be required based on fair value changes of the underlying investments. Securities pledged as collateral under repurchase agreements are maintained with safekeeping agents. The carrying value of investment securities pledged as collateral under repurchase agreements was $508 million and $496 million at June 30, 2023 and December 31, 2022, respectively. Long-term Borrowings Long-term borrowings at June 30, 2023 and December 31, 2022 include: Long-term Borrowings dollars in millions Maturity June 30, 2023 December 31, 2022 Parent Company: Senior: Senior unsecured fixed line of credit at 3.722% September 2023 $ 15 $ — Subordinated: Fixed-to-Floating subordinated notes at 3.375% March 2030 350 350 Junior subordinated debentures at 3-month LIBOR plus 2.25% (FCB/SC Capital Trust II) June 2034 20 20 Junior subordinated debentures at 3-month LIBOR plus 1.75% (FCB/NC Capital Trust III) June 2036 88 88 Subsidiaries: Senior: Senior unsecured fixed-to-floating rate notes at 3.929% June 2024 — 500 Senior unsecured fixed-to-floating rate notes at 2.969% September 2025 315 315 Fixed senior unsecured notes at 6.00% April 2036 51 51 Subordinated: Fixed subordinated notes at 6.125% March 2028 400 400 Fixed-to-Fixed subordinated notes at 4.125% November 2029 100 100 Junior subordinated debentures at 3-month LIBOR plus 2.80% (Macon Capital Trust I) March 2034 14 14 Junior subordinated debentures at 3-month LIBOR plus 2.85% (SCB Capital Trust I) April 2034 10 10 Secured: Notes payable to FHLB of Atlanta at overnight SOFR plus spreads ranging from 0.32% to 0.36%. Maturities through September 2025 2,425 2,500 Purchase Money Note to FDIC fixed at 3.50% (1) March 2028 36,072 — Other secured financings Maturities through January 2024 — 18 Capital lease obligations Maturities through June 2027 6 7 Unamortized issuance costs (1) (1) Unamortized purchase accounting adjustments (2) (180) 87 Total long-term borrowings $ 39,685 $ 4,459 (1) Issued in connection with the SVBB Acquisition and will be secured by acquired loans. See below and Note 2 — Business Combinations for further information. (2) At June 30, 2023 a nd December 31, 2022, unamortized purchase accounting adjustments were $62 million and $69 million, respectively, for subordinated debentures. Pledged Assets At June 30, 2023, BancShares had pledged $30.0 billion of loans to the FHLB and FRB. 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. Pledged assets related to these financings totaled $24.0 billion at June 30, 2023. 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 of Richmond, BancShares has access to an additional $4.8 billion on a secured basis. There were no outstanding borrowings with the FRB Discount Window at June 30, 2023 and December 31, 2022. Assets pledged to the FRB of Richmond totaled $6.0 billion at June 30, 2023. In connection with the SVBB Acquisition, FCB and the FDIC entered into a Purchase Money Note, which is primarily secured by all loans acquired and related commitments that subsequently were drawn and outstanding as of June 30, 2023. At June 30, 2023, BancShares had a credit line allowing contingent access to borrowings on an unsecured basis of up to $100 million, of which $85 million was unused and available.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
Derivative Financial Instruments	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	DERIVATIVE FINANCIAL INSTRUMENTS The following table presents notional amount and fair value of derivative financial instruments on a gross basis. At June 30, 2023, and December 31, 2022 BancShares’ derivatives are not designated as hedging instruments. Notional Amount and Fair Value of Derivative Financial Instruments dollars in millions June 30, 2023 December 31, 2022 Notional Amount Asset Fair Value Liability Fair Value Notional Amount Asset Fair Value Liability Fair Value Derivatives not designated as hedging instruments (Non-qualifying hedges) Interest rate contracts (1) (4) $ 24,597 $ 553 $ (624) $ 18,173 $ 158 $ (482) Foreign exchange contracts (2) 12,847 203 (200) 125 1 (4) Other contracts (3) 826 2 (1) 507 — — Total derivatives not designated as hedging instruments $ 38,270 758 (825) $ 18,805 159 (486) Gross derivatives fair values presented in the Consolidated Balance Sheets 758 (825) 159 (486) Less: Gross amounts offset in the Consolidated Balance Sheets — — — — Net amount presented in the Consolidated Balance Sheets 758 (825) 159 (486) Less: Amounts subject to master netting agreements (5) (110) 110 (13) 13 Less: Cash collateral pledged(received) subject to master netting agreements (6) (533) 39 (124) — Total net derivative fair value $ 115 $ (676) $ 22 $ (473) (1) Fair value balances include accrued interest. (2) The foreign exchange contracts exclude foreign exchange spot contracts. The notional amounts of these contracts were $161 million as of June 30, 2023, and $0 million as of December 31, 2022. (3) Other derivative contracts not designated as hedging instruments include risk participation agreements and equity warrants. (4) BancShares accounts for swap contracts cleared by the Chicago Mercantile Exchange and LCH Clearnet as “settled-to-market”. As a result, variation margin payments are characterized as settlement of the derivative exposure and variation margin balances are netted against the corresponding derivative mark-to-market balances. Gross amounts of recognized assets and liabilities were lowered by $154 million and $33 million, respectively, at June 30, 2023, and $376 million and $19 million, respectively at December 31, 2022. (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 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 other liabilities, respectively. Non-Qualifying Hedges The following table presents gains of non-qualifying hedges recognized on the Consolidated Statements of Income: Gains on Non-Qualifying Hedges dollars in millions Three Months Ended June 30, Six Months Ended June 30, Amounts Recognized 2023 2022 2023 2022 Interest rate contracts Other noninterest income $ 8 $ 2 $ 29 $ 6 Foreign currency forward contracts Other noninterest income 1 6 (1) 6 Total non-qualifying hedges - income statement impact $ 9 $ 8 $ 28 $ 12

Other Liabilities

Other Liabilities	6 Months Ended
Other Liabilities	Jun. 30, 2023
Other Liabilities Disclosure [Abstract]
Other Liabilities	OTHER LIABILITIES The following table includes the components of other liabilities. The increases from December 31, 2022 primarily reflect other liabilities assumed in conjunction with the SVBB Acquisition as further discussed in Note 2 — Business Combinations. Other Liabilities dollars in millions June 30, 2023 December 31, 2022 Fair value of derivative financial instruments $ 825 $ 486 Lease liabilities 368 352 Accrued expenses and accounts payable 391 275 Commitments to fund tax credit investments 926 295 Deferred taxes 3,147 286 ACL for unfunded commitments 335 106 Incentive plan liabilities 369 267 Accrued interest payable 121 57 Other 879 464 Total other liabilities $ 7,361 $ 2,588

Fair Value

Fair Value	6 Months Ended
Fair Value	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value	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. U.S. 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 on a Recurring Basis The following table summarizes BancShares’ assets and liabilities measured at estimated fair value on a recurring basis: Assets and Liabilities Measured at Fair Value - Recurring Basis dollars in millions June 30, 2023 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 4,634 $ — $ 4,634 $ — Government agency 140 — 140 — Residential mortgage-backed securities 4,810 — 4,810 — Commercial mortgage-backed securities 1,577 — 1,577 — Corporate bonds 476 — 325 151 Municipal bonds 257 — 257 — Total investment securities available for sale $ 11,894 $ — $ 11,743 $ 151 Marketable equity securities 76 24 52 — Loans held for sale 42 — 42 — Derivative assets (1) Interest rate contracts — non-qualifying hedges $ 553 $ — $ 552 $ 1 Foreign exchange contracts — non-qualifying hedges 203 — 203 — Other derivative contracts — non-qualifying hedges 2 — — 2 Total derivative assets $ 758 $ — $ 755 $ 3 Liabilities Derivative liabilities (1) Interest rate contracts — non-qualifying hedges $ 624 $ — $ 624 $ — Foreign exchange contracts — non-qualifying hedges 200 — 200 — Other derivative contracts — non-qualifying hedges 1 — — 1 Total derivative liabilities $ 825 $ — $ 824 $ 1 December 31, 2022 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 1,898 $ — $ 1,898 $ — Government agency 162 — 162 — Residential mortgage-backed securities 4,795 — 4,795 — Commercial mortgage-backed securities 1,604 — 1,604 — Corporate bonds 536 — 362 174 Municipal bonds — — — — Total investment securities available for sale $ 8,995 $ — $ 8,821 $ 174 Marketable equity securities 95 32 63 — Loans held for sale 4 — 4 — Derivative assets (1) Interest rate contracts — non-qualifying hedges $ 158 $ — $ 158 $ — Foreign exchange contracts — non-qualifying hedges 1 — 1 — Other derivative contracts — non-qualifying hedges — — — — Total derivative assets $ 159 $ — $ 159 $ — Liabilities Derivative liabilities (1) Interest rate contracts — non-qualifying hedges $ 482 $ — $ 482 $ — Foreign exchange contracts — non-qualifying hedges 4 — 4 — Other derivative contracts — non-qualifying hedges — — — — Total derivative liabilities $ 486 $ — $ 486 $ — (1) Derivative fair values include accrued interest. The methods and assumptions used to estimate the fair value of each class of financial instruments measured at fair value on a recurring basis are as follows: Investment securities available for sale . The fair value of U.S. Treasury, government agency, mortgage-backed securities, municipal bonds, and a portion of the corporate bonds are generally estimated using a third-party pricing service. To obtain an understanding of the processes and methodologies used, management reviews correspondence from the third-party pricing service. Management also performs a price variance analysis process to corroborate the reasonableness of prices. The third-party provider evaluates securities based on comparable investments with trades and market data and will utilize pricing models which use a variety of inputs, such as benchmark yields, reported trades, issuer spreads, benchmark securities, bids and offers as needed. These securities are generally classified as Level 2. The remaining corporate bonds held are generally measured at fair value based on indicative bids from broker-dealers using inputs that are not directly observable. These securities are classified as Level 3. Marketable equity securities. Equity securities are measured at fair value using observable closing prices. The valuation also considers the amount of market activity by examining the trade volume of each security. Equity securities are classified as Level 1 if they are traded in an active market and as Level 2 if the observable closing price is from a less than active market. Loans held for sale. Certain residential real estate loans originated for sale to investors are carried at fair value based on quoted market prices for similar types of loans. Accordingly, the inputs used to calculate fair value of originated residential real estate loans held for sale are considered Level 2 inputs. Derivative Assets and Liabilities. Derivatives were valued using models that incorporate inputs depending on the type of derivative. Other than the fair value of equity warrants and credit derivatives, which were estimated using Level 3 inputs, most derivative instruments were valued using Level 2 inputs based on observed pricing for similar assets and liabilities and model-based valuation techniques for which all significant assumptions are observable in the market. See Note 12 — Derivative Financial Instruments for notional amounts and fair values. The following tables summarize information about significant unobservable inputs related to BancShares’ categories of Level 3 financial assets and liabilities measured on a recurring basis: Quantitative Information About Level 3 Fair Value Measurements - Recurring Basis dollars in millions Financial Instrument Estimated Valuation Significant Unobservable Inputs June 30, 2023 Assets Corporate bonds $ 151 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 $ 3 Internal valuation model Not material Liabilities Interest rate & other derivative — non-qualifying hedges $ 1 Internal valuation model Not material December 31, 2022 Assets Corporate bonds $ 174 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. 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 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 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 $ 174 $ — $ — $ 207 $ — $ — Purchases — — — — — 1 Changes in FV included in earnings — 3 — — 1 (1) Changes in FV included in comprehensive income (14) — — (13) — — Transfers in — — 1 — — — Transfers out — — — (14) — — Maturity and settlements (9) — — — — — Ending balance $ 151 $ 3 $ 1 $ 180 $ 1 $ — Fair Value Option The following table summarizes the difference between the aggregate fair value and the UPB for residential real estate loans originated for sale measured at fair value as of June 30, 2023 and December 31, 2022: Aggregate Fair Value and UPB - Residential Real Estate Loans dollars in millions June 30, 2023 Fair Value Unpaid Principal Balance Difference Originated loans held for sale $ 42 $ 42 $ — December 31, 2022 Fair Value Unpaid Principal Balance Difference Originated loans held for sale $ 4 $ 4 $ — BancShares has elected the fair value option for residential real estate 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 were recorded as a component of mortgage income and included $0 million and a gain of $1 million for the three months ended June 30, 2023 and 2022, respectively, and $0 million and a loss of $2 million for the six months ended June 30, 2023 and 2022, respectively. 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 non-accrual status as of June 30, 2023 or December 31, 2022. 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) June 30, 2023 Assets held for sale - loans $ 13 $ — $ — $ 13 $ (6) Loans - collateral dependent loans 199 — — 199 (71) Other real estate owned 26 — — 26 2 Total $ 238 $ — $ — $ 238 $ (75) December 31, 2022 Assets held for sale - loans $ 23 $ — $ — $ 23 $ (1) Loans - collateral dependent loans 149 — — 149 (24) Other real estate owned 43 — — 43 14 Mortgage servicing rights — — — — 1 Total $ 215 $ — $ — $ 215 $ (10) 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, and mortgage servicing rights (“MSRs”), which are carried at the lower of amortized cost or market. 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 lower of cost or market. When available, the fair values for the transferred loans are based on quoted prices from the purchase commitments for the individual loans being transferred and are considered Level 1 inputs. The fair value of Level 2 assets was primarily estimated based on prices of recent trades of similar assets. For other loans held for sale, the fair value of Level 3 assets was primarily measured under the income approach using the discounted cash flow model based on Level 3 inputs including discount rate or the price of committed trades. Loans - collateral dependent loans. The population of Level 3 loans measured at fair value on a non-recurring basis includes collateral-dependent loans evaluated individually. Collateral values are determined using appraisals or other third-party value estimates of the subject property discounted based on estimated selling costs, and adjustments for other external factors that may impact the marketability of the collateral. Other real estate owned. OREO is carried at LOCOM. OREO asset valuations are determined by using appraisals or other third-party value estimates of the subject property with discounts, generally between 6% and 11%, applied for estimated selling costs and other external factors that may impact the marketability of the property. At June 30, 2023 and December 31, 2022, the weighted average discount applied was 8.68% and 9.31%, 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. Mortgage servicing rights. MSRs are carried at the lower of amortized cost or market and are, therefore, carried at fair value only when fair value is less than amortized cost. The fair value of MSRs is determined using a pooling methodology. Similar loans are pooled together and a discounted cash flow model, which takes into consideration discount rates, prepayment rates, and the weighted average cost to service the loans, is used to determine the fair value. 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 June 30, 2023 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 917 $ 917 $ — $ — $ 917 Interest earning deposits at banks 37,846 37,846 — — 37,846 Securities purchased under agreements to resell 298 — 298 — 298 Investment in marketable equity securities 76 24 52 — 76 Investment securities available for sale 11,894 — 11,743 151 11,894 Investment securities held to maturity 10,201 — 8,652 — 8,652 Loans held for sale 115 — 42 73 115 Net loans 129,288 — 1,552 125,261 126,813 Accrued interest receivable 732 — 732 — 732 Federal Home Loan Bank stock 119 — 119 — 119 Mortgage servicing rights 25 — — 47 47 Derivative assets 758 — 755 3 758 Financial Liabilities Deposits with no stated maturity 124,894 — 124,894 — 124,894 Time deposits 16,270 — 16,220 — 16,220 Credit balances of factoring clients 1,067 — — 1,067 1,067 Securities sold under customer repurchase agreements 454 — 454 — 454 Long-term borrowings 39,679 — 39,011 — 39,011 Accrued interest payable 121 — 121 — 121 Derivative liabilities 825 — 824 1 825 December 31, 2022 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 518 $ 518 $ — $ — $ 518 Interest earning deposits at banks 5,025 5,025 — — 5,025 Investment in marketable equity securities 95 32 63 — 95 Investment securities available for sale 8,995 — 8,821 174 8,995 Investment securities held to maturity 10,279 — 8,795 — 8,795 Loans held for sale 52 — 4 45 49 Net loans 67,720 — 1,679 62,633 64,312 Accrued interest receivable 329 — 329 — 329 Federal Home Loan Bank stock 197 — 197 — 197 Mortgage servicing rights 25 — — 47 47 Derivative assets 159 — 159 — 159 Financial Liabilities Deposits with no stated maturity 78,798 — 78,798 — 78,798 Time deposits 10,610 — 10,504 — 10,504 Credit balances of factoring clients 995 — — 995 995 Securities sold under customer repurchase agreements 436 — 436 — 436 Other short-term borrowings 1,750 — 1,750 — 1,750 Long-term borrowings 4,452 — 4,312 18 4,330 Accrued interest payable 57 — 57 — 57 Derivative liabilities 486 — 486 — 486 The methods and assumptions used to estimate the fair value of each class of financial instruments not discussed elsewhere are as follows: Net loans. The carrying value of net loans is net of the ACL. Loans are generally valued by discounting expected cash flows using market inputs with adjustments based on cohort level assumptions for certain loan types as well as internally developed estimates at a business segment level. Due to the significance of the unobservable market inputs and assumptions, as well as the absence of a liquid secondary market for most loans, these loans are classified as Level 3. Certain loans are measured based on observable market prices sourced from external data providers and classified as Level 2. Nonaccrual loans are written down and reported at their estimated recovery value which approximates their fair value and classified as Level 3. Securities Purchased Under Agreement to Resell. The fair value of securities purchased under agreement to resell equal the carrying value due to the short term nature, generally overnight, and therefore present an insignificant risk of change in fair value due to changes in market interest rate, and classified as Level 2. Investment securities held to maturity. BancShares’ portfolio of 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 and Multilateral Development Banks. We primarily use prices obtained from pricing services to determine the fair value of securities, which are Level 2 inputs. FHLB stock. The carrying amount of FHLB stock is a reasonable estimate of fair value, as these securities are not readily marketable and are evaluated for impairment based on the ultimate recoverability of the par value. BancShares considers positive and negative evidence, including the profitability and asset quality of the issuer, dividend payment history and recent redemption experience, when determining the ultimate recoverability of the par value. BancShares investment in FHLB stock is ultimately recoverable at par. The inputs used in the fair value measurement for the FHLB stock are considered Level 2 inputs. Mortgage servicing rights. MSRs are initially recorded at fair value and subsequently carried at the lower of amortized cost or market. Therefore, servicing rights are carried at fair value only when fair value is less than the amortized cost. The fair value of MSRs is determined using a pooling methodology. Similar loans are pooled together and a model which relies on discount rates, estimates of prepayment rates and the weighted average cost to service the loans is used to determine the fair value. The inputs used in the fair value measurement for MSRs are considered Level 3 inputs. Deposits. The estimated fair value of deposits with no stated maturity, such as demand deposit accounts, money market accounts, and savings accounts was the amount payable on demand at the reporting date. The fair value of time deposits was estimated based on a discounted cash flow technique using Level 2 inputs appropriate to the contractual maturity. Credit balances of factoring clients. The impact of the time value of money from the unobservable discount rate for credit balances of factoring clients is inconsequential due to the short term nature of these balances, therefore, the fair value approximated carrying value, and the credit balances were classified as Level 3. Short-term borrowed funds. Includes repurchase agreements and certain other short-term borrowings. The fair value approximates carrying value and are classified as Level 2. Long-term borrowings. For certain long-term senior and subordinated unsecured borrowings, the fair values are sourced from a third-party pricing service. The fair value 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. The fair value of other secured borrowings are estimated based on unobservable inputs and therefore classified as Level 3. For all other financial assets and financial liabilities, the carrying value is a reasonable estimate of the fair value as of June 30, 2023 and December 31, 2022. The carrying value and fair value for these assets and liabilities are equivalent because they are relatively short-term in nature and there is no interest rate or credit risk that would cause the fair value to differ from the carrying value. Cash and due from banks, and interest earning deposits at banks, are classified on the fair value hierarchy as Level 1. Accrued interest receivable and accrued interest payable are classified as Level 2.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
Stockholders' Equity	Jun. 30, 2023
Equity [Abstract]
Stockholders' Equity	STOCKHOLDERS' EQUITY A roll forward of common stock activity is presented in the following table: Number of Shares of Common Stock Outstanding Class A Class B Common stock - March 31, 2023 13,514,808 1,005,185 Restricted stock units vested, net of shares held to cover taxes 41 — Common stock - June 30, 2023 13,514,849 1,005,185 Common stock - December 31, 2022 13,501,017 1,005,185 Restricted stock units vested, net of shares held to cover taxes 13,832 — Common stock - June 30, 2023 13,514,849 1,005,185 Common Stock The Parent Company has Class A Common Stock and Class B common stock (“Class B Common Stock”). Class A Common Stock have one vote per share, while shares of Class B Common Stock have 16 votes per share. Non-Cumulative Perpetual Preferred Stock The following table summarizes BancShares’ non-cumulative perpetual preferred stock. Preferred Stock dollars in millions, except per share and par value data Preferred Stock Issuance Date Earliest Redemption Date Par Value Shares Issued and Outstanding Liquidation Preference Per Share Total Liquidation Preference Dividend Dividend Payment Dates Series A March 12, 2020 March 15, 2025 $ 0.01 345,000 $ 1,000 345 5.375% Quarterly in arrears on March 15, June 15, September 15, and December 15 Series B (1) January 3, 2022 January 4, 2027 $ 0.01 325,000 $ 1,000 325 LIBOR + 3.792% Series C January 3, 2022 January 4, 2027 $ 0.01 8,000,000 $ 25 200 5.625% (1) Beginning July 1, 2023, BancShares has moved to Term SOFR plus a credit spread adjustment for its Series B Preferred Stock. The final dividend payment based on a LIBOR accrual will occur September 15, 2023. For further description of BancShares’ non-cumulative perpetual preferred stock, refer to Note 17 — Stockholders’ Equity in Item 8 of our 2022 Form 10-K. Authorized Shares On April 25, 2023 the Parent Company’s stockholders approved amendments to the Restated Certificate of Incorporation to increase the number of authorized shares of the Class A Common Stock from 16,000,000 shares to 32,000,000 shares and to increase the number of authorized shares of the Preferred Stock from 10,000,000 shares to 20,000,000.

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	6 Months Ended
Accumulated Other Comprehensive (Loss) Income	Jun. 30, 2023
Equity [Abstract]
Accumulated Other Comprehensive (Loss) Income	ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The following table details the components of Accumulated Other Comprehensive (Loss) Income (“AOCI”): Components of Accumulated Other Comprehensive (Loss) Income dollars in millions June 30, 2023 December 31, 2022 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Unrealized loss on securities available for sale $ (1,029) $ 248 $ (781) $ (972) $ 233 $ (739) Unrealized loss on securities available for sale transferred to held to maturity (7) 2 (5) (8) 2 (6) Defined benefit pension items 18 (4) 14 13 (3) 10 Total accumulated other comprehensive loss $ (1,018) $ 246 $ (772) $ (967) $ 232 $ (735) 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) gain on securities available for sale Unrealized (loss) gain on securities available for sale transferred to held to maturity Net change in defined benefit pension items Total accumulated other comprehensive (loss) income Balance as of December 31, 2022 $ (739) $ (6) $ 10 $ (735) AOCI activity before reclassifications (54) — 4 (50) Amounts reclassified from AOCI to earnings 12 1 — 13 Other comprehensive (loss) income for the period (42) 1 4 (37) Balance as of June 30, 2023 $ (781) $ (5) $ 14 $ (772) Balance as of December 31, 2021 $ (9) $ (7) $ 26 $ 10 AOCI activity before reclassifications (481) — — (481) Amounts reclassified from AOCI to earnings — 1 5 6 Other comprehensive (loss) income for the period (481) 1 5 (475) Balance as of June 30, 2022 $ (490) $ (6) $ 31 $ (465) Other Comprehensive Income The amounts included in the Condensed Consolidated Statements of Comprehensive Income are net of income taxes. The following table presents the pretax and after-tax components of other comprehensive income: Other Comprehensive Income (Loss) by Component dollars in millions Three Months Ended June 30, 2023 2022 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 $ (134) $ 35 $ (99) $ (216) $ 53 $ (163) Amounts reclassified from AOCI to earnings $ (1) $ — $ (1) $ — $ — $ — Provision for credit losses Other comprehensive loss on securities available for sale $ (135) $ 35 $ (100) $ (216) $ 53 $ (163) Unrealized loss on securities available for sale transferred to held to maturity: AOCI activity before reclassifications $ — $ — $ — $ — $ — $ — Amounts reclassified from AOCI to earnings 1 — 1 — — — Interest on investment securities Other comprehensive income on securities available for sale transferred to held to maturity $ 1 $ — $ 1 $ — $ — $ — Defined benefit pension items: Actuarial loss $ (5) $ 1 $ (4) $ — $ — $ — Amounts reclassified from AOCI to earnings — — — 4 (1) 3 Other noninterest expense Other comprehensive (loss) income for defined benefit pension items $ (5) $ 1 $ (4) $ 4 $ (1) $ 3 Total other comprehensive loss $ (139) $ 36 $ (103) $ (212) $ 52 $ (160) dollars in millions Six Months Ended June 30, 2023 2022 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 $ (74) $ 20 $ (54) $ (635) $ 154 $ (481) Amounts reclassified from AOCI to earnings $ 17 $ (5) $ 12 $ — $ — $ — $14 realized loss on sales of investment securities available for sale, net; $3 provision for credit losses Other comprehensive loss on securities available for sale $ (57) $ 15 $ (42) $ (635) $ 154 $ (481) Unrealized loss on securities available for sale transferred to held to maturity: AOCI activity before reclassifications $ — $ — $ — $ — $ — $ — 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 loss $ 5 $ (1) $ 4 $ — $ — $ — Amounts reclassified from AOCI to earnings — — — 7 (2) 5 Other noninterest expense Other comprehensive income for defined benefit pension items $ 5 $ (1) $ 4 $ 7 $ (2) $ 5 Total other comprehensive loss $ (51) $ 14 $ (37) $ (627) $ 152 $ (475)

Regulatory Capital

Regulatory Capital	6 Months Ended
Regulatory Capital	Jun. 30, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Regulatory Capital	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 the 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. Basel III became effective for BancShares on January 1, 2015 and the associated capital conservation buffers of 2.50% were fully phased in by January 1, 2019. 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 June 30, 2023 and December 31, 2022 as summarized in the following table. dollars in millions June 30, 2023 December 31, 2022 Basel III Requirements PCA well-capitalized thresholds Amount Ratio Amount Ratio BancShares Total risk-based capital 10.50 % 10.00 % $ 22,504 15.84 % $ 11,799 13.18 % Tier 1 risk-based capital 8.50 8.00 19,898 14.00 9,902 11.06 Common equity Tier 1 7.00 6.50 19,017 13.38 9,021 10.08 Tier 1 leverage 4.00 5.00 19,898 9.50 9,902 8.99 FCB Total risk-based capital 10.50 % 10.00 % $ 22,292 15.69 % $ 11,627 12.99 % Tier 1 risk-based capital 8.50 8.00 20,142 14.18 10,186 11.38 Common equity Tier 1 7.00 6.50 20,142 14.18 10,186 11.38 Tier 1 leverage 4.00 5.00 20,142 9.62 10,186 9.25 At June 30, 2023, BancShares and FCB had risk-based capital ratio conservation buffers of 7.84% and 7.69%, respectively, which are in excess of the fully phased in Basel III conservation buffer of 2.50%. At December 31, 2022, BancShares and FCB had risk-based capital ratio conservation buffers of 5.06% and 4.99%, respectively. The capital ratio conservation buffers represent the excess of the regulatory capital ratio as of June 30, 2023 and December 31, 2022 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 15 — Stockholders’ Equity. Additional Tier 2 capital for BancShares and FCB primarily consists of qualifying ACL and qualifying subordinated debt. Dividend Restrictions

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
Earnings Per Common Share	Jun. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Common Share	EARNINGS PER COMMON SHARE The following table sets forth the computation of the basic and diluted earnings per common share: Earnings per Common Share dollars in millions, except per share data Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Net income $ 682 $ 255 $ 10,200 $ 526 Preferred stock dividends 15 17 29 24 Net income available to common stockholders $ 667 $ 238 $ 10,171 $ 502 Weighted average common shares outstanding Basic shares outstanding 14,528,134 16,023,613 14,527,417 15,918,978 Stock-based awards 9,804 11,477 11,759 18,848 Diluted shares outstanding 14,537,938 16,035,090 14,539,176 15,937,826 Earnings per common share Basic $ 45.90 $ 14.87 $ 700.10 $ 31.52 Diluted $ 45.87 $ 14.86 $ 699.53 $ 31.48

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES BancShares’ global effective income tax rates were 23.9% and 1.6% for the three and six months ended June 30, 2023, respectively, and 24.2% and 6.3% for the three and six months ended June 30, 2022, respectively. While the effective tax rates for the three months ended June 30, 2023 and 2022 were relatively consistent, the decrease from 6.3% in the prior year to 1.6% for the six months ended June 30, 2023 was primarily due to the preliminary gain on acquisition relating to the SVBB Acquisition. The quarterly income tax expense is based on a projection of BancShares’ annual effective tax rate (“ETR”). This annual ETR is applied to the year-to-date consolidated pre-tax income to determine the interim provision for income taxes before discrete items. The ETR each period is also impacted by a number of factors, including the relative mix of domestic and international earnings, effects of changes in enacted tax laws, adjustments to the valuation allowances, and discrete items. The currently forecasted ETR may vary from the actual year-end 2023 ETR due to the changes in these factors. Uncertain Tax Benefits BancShares’ recognizes tax benefits when it is more likely than not that the position will prevail, based solely on the technical merits under the tax law of the relevant jurisdiction. BancShares will recognize the tax benefit if the position meets this recognition threshold determined based on the largest amount of the benefit that is more than likely to be realized. Net Operating Loss Carryforwards and Valuation Adjustments As a result of the SVBB Acquisition, BancShares’ net deferred tax liabilities increased by approximately $3.28 billion, primarily related to acquired loans and other assets. BancShares’ ability to recognize deferred tax assets (“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 its DTAs, adjustments to the valuation allowance adjustments may be required. As a result of further assessment of information received during the second quarter related to the SVBB Acquisition, BancShares released approximately $12 million in the quarter of the $70 million valuation allowance recorded at December 31, 2022.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
Employee Benefit Plans	Jun. 30, 2023
Retirement Benefits [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS BancShares sponsors non-contributory defined benefit pension plans for its qualifying employees. The service cost component of net periodic benefit cost is included in salaries and wages while all other non-service cost components are included in other noninterest expense. The components of net periodic benefit cost are as follows: dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Service cost $ 3 $ 4 $ 5 $ 7 Interest cost 15 11 30 22 Expected return on assets (22) (22) (43) (44) Amortization of prior service cost — — — — Amortization of net actuarial loss — 3 — 6 Net periodic benefit $ (4) $ (4) $ (8) $ (9)

Business Segment Information

Business Segment Information	6 Months Ended
Business Segment Information	Jun. 30, 2023
Segment Reporting [Abstract]
Business Segment Information	BUSINESS SEGMENT INFORMATION BancShares’ segments include General Banking, Commercial Banking, a new segment Silicon Valley Banking that includes the operating results for the SVBB Acquisition, as well as Rail and Corporate. Each of the segments are described below. General Banking General Banking delivers products and services to consumers and businesses through an extensive network of branches and various digital channels, including a full suite of deposit products, loans (primarily residential mortgages and business/commercial loans), and various fee-based services. General Banking also provides a variety of wealth management products and services to individuals and institutional clients, including brokerage, investment advisory, and trust services. In addition, General Banking has a dedicated business line that supports deposit, cash management and lending to homeowner associations and property management companies nationwide. Revenue is primarily generated from interest earned on loans and fees for banking and advisory services. Commercial Banking Commercial Banking 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. 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. Commercial Banking provides senior secured loans to developers and other commercial real estate professionals, and also provides small business loans and leases, including both capital and operating leases, through a highly automated credit approval, documentation and funding process. Commercial Banking also provides factoring, receivable management, and secured financing to businesses that operate in various industries. Revenue is primarily generated from interest earned on loans, rents on equipment leased, fees and other revenue from lending and leasing activities and banking services, along with capital markets transactions and commissions earned on factoring and related activities. Silicon Valley Banking Silicon Valley Banking offers products and services to commercial clients in key innovation markets, such as healthcare and technology industries, as well as private equity and venture capital firms. The segment provides solutions to the financial needs of commercial clients through credit, treasury management, foreign exchange, trade finance and other services. In addition, the segment offers private banking and wealth management and provides a range of personal financial solutions for consumers. Private banking and wealth management clients consist of private equity/venture capital professionals and executive leaders of the innovation companies they support and premium wine clients. The segment offers a customized suite of private banking services, including mortgages, home equity lines of credit, restricted and private stock loans, capital call lines of credit, other secured and unsecured lending products and vineyard development loans, as well as planning-based financial strategies, wealth management, family office, financial planning, tax planning and trust services. Revenue is primarily generated from interest earned on loans, and fees and other revenue from lending activities and banking services. Deposit products include business and analysis checking accounts, money market accounts, multi-currency accounts, bank accounts, sweep accounts and positive pay services. Services are provided through online and mobile banking platforms, as well as branch locations. Rail Rail 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 hopper cars for coal and aggregates, boxcars for paper and auto parts, and center beams and flat cars for lumber. Revenue is primarily from operating lease income. Corporate Certain items that are not allocated to operating segments are included in the Corporate segment, inclusive of similar items related to Silicon Valley Banking. Some of the more significant and recurring items include interest income on investment securities, a portion of interest expense primarily related to corporate funding costs (including brokered deposits), income on BOLI (other noninterest income), acquisition-related costs, as well as certain unallocated costs and certain intangible asset amortization expense (operating expenses). Corporate also includes certain significant items that are infrequent, such as the Initial Non-PCD Provision for loans and leases and unfunded commitments and gain on acquisition. Corporate also includes certain purchase accounting adjustment accretion, such as the accretion of the fair value adjustment associated with the acquired loans in the SVBB Acquisition. Segment Net Income (Loss) and Select Period End Balances The following table presents the condensed income statement by segment: dollars in millions Three Months Ended June 30, 2023 General Banking Commercial Banking Silicon Valley Banking Rail Corporate Total BancShares Net interest income (expense) $ 603 $ 258 $ 635 $ (33) $ 498 $ 1,961 Provision (benefit) for credit losses 29 170 (47) — (1) 151 Net interest income (expense) after provision for credit losses 574 88 682 (33) 499 1,810 Noninterest income 119 139 169 178 53 658 Noninterest expense 393 188 592 121 278 1,572 Income before income taxes 300 39 259 24 274 896 Income tax expense 73 11 70 6 54 214 Net income $ 227 $ 28 $ 189 $ 18 $ 220 $ 682 Select Period End Balances Loans and leases $ 44,719 $ 29,433 $ 58,799 $ 64 $ — $ 133,015 Deposits 95,323 3,064 40,860 11 1,906 141,164 Operating lease equipment, net — 741 — 7,790 — 8,531 Three Months Ended June 30, 2022 General Banking Commercial Banking Silicon Valley Banking Rail Corporate Total BancShares Net interest income (expense) $ 467 $ 204 $ — $ (18) $ 47 $ 700 Provision for credit losses 7 35 — — — 42 Net interest income (expense) after provision for credit losses 460 169 — (18) 47 658 Noninterest income 125 130 — 160 9 424 Noninterest expense 390 180 — 111 64 745 Income (loss) before income taxes 195 119 — 31 (8) 337 Income tax expense 40 24 — 7 11 82 Net income (loss) $ 155 $ 95 $ — $ 24 $ (19) $ 255 Select Period End Balances Loans and leases $ 40,159 $ 27,505 $ — $ 71 $ — $ 67,735 Deposits 83,518 4,466 — 11 1,334 89,329 Operating lease equipment, net — 724 — 7,247 — 7,971 Six Months Ended June 30, 2023 General Banking Commercial Banking Silicon Valley Banking Rail Corporate Total BancShares Net interest income (expense) $ 1,163 $ 498 $ 700 $ (61) $ 511 $ 2,811 Provision (benefit) for credit losses 43 219 (47) — 719 934 Net interest income (expense) after provision for credit losses 1,120 279 747 (61) (208) 1,877 Noninterest income 235 282 183 355 9,862 10,917 Noninterest expense 788 399 625 241 374 2,427 Income before income taxes 567 162 305 53 9,280 10,367 Income tax expense (benefit) 138 40 81 13 (105) 167 Net income $ 429 $ 122 $ 224 $ 40 $ 9,385 $ 10,200 Six Months Ended June 30, 2022 General Banking Commercial Banking Silicon Valley Banking Rail Corporate Total BancShares Net interest income (expense) $ 904 $ 411 $ — $ (37) $ 71 $ 1,349 (Benefit) provision for credit losses (8) 1 — — 513 506 Net interest income (expense) after provision for credit losses 912 410 — (37) (442) 843 Noninterest income 248 242 — 322 462 1,274 Noninterest expense 799 371 — 211 174 1,555 Income (loss) before income taxes 361 281 — 74 (154) 562 Income tax expense (benefit) 80 65 — 18 (127) 36 Net income (loss) $ 281 $ 216 $ — $ 56 $ (27) $ 526

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	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 below balances for June 30, 2023 include balances related to the SVBB Acquisition. The balances acquired are included in Financing Commitments and Letters of Credit. The accompanying table summarizes credit-related commitments and other purchase and funding commitments: dollars in millions June 30, 2023 December 31, 2022 Financing Commitments Financing assets (excluding leases) $ 69,292 $ 23,452 Letters of Credit Standby letters of credit 3,090 436 Other letters of credit 107 44 Deferred Purchase Agreements 1,531 2,039 Purchase and Funding Commitments (1) 672 941 (1) BancShares’ purchase and funding commitments relate to the equipment leasing businesses’ commitments to fund finance leases and operating leases, and 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 June 30, 2023 and December 31, 2022, substantially all undrawn financing commitments were senior facilities. The undrawn and available financing commitments are primarily in the Silicon Valley Banking and Commercial Banking segments. Financing commitments also include approximately $69 million and $66 million at June 30, 2023 and December 31, 2022, 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 (“DPA”) 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 $136 million and $186 million at June 30, 2023 and December 31, 2022, 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 $1.35 billion and $1.90 billion of DPA exposures at June 30, 2023 and December 31, 2022, respectively, related to receivables on which BancShares has assumed the credit risk. The table also includes $186 million and $138 million available under DPA credit line agreements provided at June 30, 2023 and December 31, 2022, respectively. The DPA credit line agreements specify a contractually committed amount of DPA credit protection and are cancellable by us only after a notice period, which is typically 90 days or less. Litigation and other Contingencies The Parent Company and certain of its subsidiaries have been named as a defendant in legal actions arising from its normal business activities in which damages in various amounts are claimed. BancShares is also exposed to litigation risk relating to the prior business activities of banks from which assets were acquired and liabilities assumed. BancShares is involved, and from time to time in the future may be involved, in a number of pending and threatened judicial, regulatory, and arbitration proceedings as well as proceedings, investigations, examinations and other actions brought or considered by governmental and self-regulatory agencies. These matters arise in connection with the ordinary conduct of BancShares’ business. At any given time, BancShares may also be in the process of responding to subpoenas, requests for documents, data and testimony relating to such matters and engaging in discussions to resolve the matters (all of the foregoing collectively being referred to as “Litigation”). While most Litigation relates to individual claims, BancShares may be subject to putative class action claims and similar broader claims and indemnification obligations. In light of the inherent difficulty of predicting the outcome of Litigation matters and indemnification obligations, particularly when such matters are in their early stages or where the claimants seek indeterminate damages, BancShares cannot state with confidence what the eventual outcome of the pending Litigation will be, what the timing of the ultimate resolution of these matters will be, or what the eventual loss, fines, or penalties related to each pending matter will be, if any. In accordance with applicable accounting guidance, BancShares’ establishes reserves for Litigation when those matters present loss contingencies as to which it is both probable that a loss will occur and the amount of such loss can reasonably be estimated. Based on currently available information, BancShares believes that the outcome of Litigation that is currently pending will not have a material adverse effect on BancShares’ financial condition, but may be material to BancShares’ operating results or cash flows for any particular period, depending in part on its operating results for that period. The actual results of resolving such matters may be substantially higher than the amounts reserved. For certain Litigation matters in which BancShares is involved, BancShares is able to estimate a range of reasonably possible losses in excess of established reserves and insurance. For other matters for which a loss is probable or reasonably possible, such an estimate cannot be determined. For Litigation and other matters where losses are reasonably possible, management currently estimates an aggregate range of reasonably possible losses of up to $10 million in excess of any established reserves and any insurance we reasonably believe we will collect related to those matters. This estimate represents reasonably possible losses (in excess of established reserves and insurance) over the life of such Litigation, which may span a currently indeterminable number of years, and is based on information currently available as of June 30, 2023. The Litigation matters underlying the estimated range will change from time to time, and actual results may vary significantly from this estimate. Those Litigation matters for which an estimate is not reasonably possible or as to which a loss does not appear to be reasonably possible, based on current information, are not included within this estimated range and, therefore, this estimated range does not represent BancShares’ maximum loss exposure. The foregoing statements about BancShares’ Litigation are based on BancShares’ judgments, assumptions, and estimates and are necessarily subjective and uncertain. In the event of unexpected future developments, it is possible that the ultimate resolution of these cases, matters, and proceedings, if unfavorable, may be material to BancShares’ consolidated financial position in a particular period.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net income	$ 682	$ 255	$ 10,200	$ 526

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Significant Accounting Polici_2

Significant Accounting Policies and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Principles of Consolidation and Basis of Presentation These consolidated financial statements and notes thereto are presented in accordance with instructions for Form 10-Q and Article 10 of Regulation S-X and, therefore, do not include all information and notes necessary for a complete presentation of financial position, results of operations and cash flow activity required in accordance with accounting principles generally accepted in the United States of America (“GAAP”). In the opinion of management, all normal recurring adjustments necessary for a fair presentation of the consolidated financial position and consolidated results of operations have been made. The unaudited interim consolidated financial statements included in this Quarterly Report on Form 10-Q should be read in conjunction with the Consolidated Financial Statements and Notes to the Consolidated Financial Statements included in BancShares’ Annual Report on Form 10-K for the year ended December 31, 2022 (the “2022 Form 10-K”). Interim results are not necessarily indicative of results for a full year.
Principles of Consolidation	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 In certain instances, amounts reported in the 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.
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 estimates related to the determination of the allowance for credit losses (“ACL”) and fair values of loans acquired in and the core deposit intangibles associated with a business combination are considered critical accounting estimates.
Business Combinations	Business Combinations BancShares accounts for all 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 value of the net tangible and intangible assets acquired 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, 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”)
Reportable Segments	Reportable Segments As of December 31, 2022, BancShares reported its financial results in the following reportable segments: General Banking, Commercial Banking, Rail, and Corporate segments. During the first quarter of 2023, BancShares added the Silicon Valley Banking (“SVB”) reportable segment, which includes the assets acquired, liabilities assumed and related operations from the SVBB Acquisition.
Securities Purchased Under Agreement to Resell	Securities Purchased Under Agreement to ResellSecurities purchased under agreement to resell (“reverse repos”) 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. Accrued interest receivables are recorded in other assets. Interest earned is recorded in interest income.
Assets Held for Sale	Assets Held for SaleAssets 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. AHFS also includes operating lease equipment held for sale carried at LOCOM.
Loans and Leases	Loans and Leases 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 are further described in Note 1 — Significant Accounting Policies and Basis of Presentation in the 2022 Form 10-K. SVB Loan Classes SVB loan classes were added to reflect the loans acquired in the SVBB Acquisition. The SVB loan classes are described below. 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 and life science/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 (“IPO”). 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 Commercial and Industrial (“C&I”) – Cash flow dependent and innovation C&I loans are made primarily to technology and life science/healthcare companies that are not investor dependent. Repayment of these loans is not dependent on additional equity financing, a successful sale or an IPO. • 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 and life science/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. Private Bank – Private banking includes loans to clients who are primarily private equity/venture capital professionals and executives in the innovation companies, as well as high net worth clients. We offer a customized suite of private banking services, including 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, we provide owner occupied commercial mortgages and real estate secured loans. Commercial Real Estate (“CRE”) – CRE consists generally of acquisition financing loans for commercial properties such as office buildings, retail properties, apartment buildings and industrial/warehouse space. Other – The remaining smaller acquired portfolios are aggregated into this category. These include other C&I, premium wine and other acquired portfolios. • Other C&I loans include working capital and revolving lines of credit, as well as term loans for equipment and fixed assets. These loans are primarily to clients that are not in the technology and life sciences/healthcare industries. Additionally, other C&I loans contain commercial tax-exempt loans to not-for-profit private schools, colleges, public charter schools and other not-for-profit organizations. • Premium wine loans are made to wine producers, vineyards and wine industry or hospitality businesses across the Western United States. A large portion of these loans are secured by real estate collateral such as vineyards and wineries. ▪ Other acquired portfolios consist primarily of construction and land loans for financing new developments as well as financing for improvements to existing buildings. These also include community development loans made as part of our responsibilities under the Community Reinvestment Act of 1977, and a small amount of Paycheck Protection Program (“PPP”) loans, which are loans guaranteed by the SBA that were issued through the PPP. 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 ACL is recorded with a corresponding increase to the provision for credit losses at the date of acquisition. The difference between the 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
Goodwill	Goodwill BancShares applied the acquisition method of accounting for the SVBB Acquisition and CIT Merger. The fair value of the net assets acquired 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.
Derivative Assets and Liabilities	Derivative Assets and Liabilities Foreign Exchange Contracts SVB 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
Noninterest Income	Noninterest Income Refer to Note 1 — Significant Accounting Policies and Basis of Presentation in the 2022 Form 10-K for a discussion on revenue recognition and description of noninterest revenue-generating activities. Descriptions of significant noninterest income new to BancShares due to the SVBB Acquisition are summarized below. Client investment fees Client investment fees 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 on fixed income securities and repurchase agreements 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. International fees International fees 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 Accounting Standards Codification (“ASC 606”) because they are considered derivatives.
Newly Adopted Accounting Standards	Newly Adopted Accounting Standards BancShares adopted the following accounting standards as of January 1, 2023: ASU 2022-02 Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures- Issued March 2022 (“ASU 2022-02”) The amendments in this ASU: (i) eliminate the previous recognition and measurement guidance for TDRs, (ii) require new disclosures for loan modifications when a borrower is experiencing financial difficulty (the “Modification Disclosures”) and (iii) require disclosures of current period gross charge-offs by year of origination in the vintage disclosures (the “Gross Charge-off Vintage Disclosures”). The Modification Disclosures apply to the following modification types: principal forgiveness, interest rate reductions, other-than-insignificant payment delays, term extensions, or a combination thereof. Creditors are required to disclose the following by loan class: (i) amounts and relative percentages of each modification type, (ii) the financial effect of each modification type, (iii) the performance of the loan in the 12 months following the modification and (iv) qualitative information discussing how the modifications factored into the determination of the ACL. BancShares elected to apply the modified retrospective transition method for ACL recognition and measurement. The adoption of this ASU did not result in a cumulative effect adjustment to retained earnings. The Modification Disclosures and Gross Charge-off Vintage Disclosures are applied prospectively starting in the period of adoption and are presented in Note 4 — Loans and Leases.

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
Business Combinations (Tables)	Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Business Acquisitions	The following tables provide the purchase price allocation to the identifiable assets acquired and liabilities assumed at their estimated fair values as of the SVBB Acquisition Date. The amounts below reflect Measurement Period adjustments made during the second quarter of 2023, which increased the preliminary after tax gain on acquisition by $55 million. These Measurement Period adjustments primarily relate to refined fair value estimates for acquired affordable housing tax credit investments, loans, and assets and liabilities of acquired SVBB subsidiaries. Purchase Price Consideration; Unaudited Statement of Assets Acquired and Liabilities Assumed 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 1,379 Interest-earning deposits at banks 33,932 Investment securities 385 Loans and leases, net of PCD ACL 68,460 Affordable housing tax credit investments 1,273 Premises and equipment 310 Core deposit intangibles 230 Other assets 1,286 Total assets acquired $ 107,255 Liabilities Deposits 55,899 Borrowings 10 Deferred tax liabilities 3,277 Other liabilities 1,882 Total liabilities assumed $ 61,068 Fair value of net assets acquired 46,187 Preliminary gain on acquisition, after income taxes (2) $ 9,879 Preliminary gain on acquisition, before income taxes (2) $ 13,156 (1) The principal amount of the Purchase Money Note is the book value of net assets acquired of approximately $52.522 billion less the asset discount of $16.450 billion pursuant to the SVBB Purchase Agreement. The $35.808 billion above is net of a fair value discount of approximately $264 million. (2) The difference between the preliminary gain on acquisition before and after taxes reflects the deferred tax liabilities recorded in the SVBB Acquisition, as presented above. Loans and Leases Acquired dollars in millions Loans and Leases UPB Fair Value Non-PCD loans and leases $ 68,729 $ 66,424 PCD loans and leases 2,558 2,036 Total loans and leases $ 71,287 $ 68,460 The following table summarizes PCD loans and leases that BancShares acquired in the SVBB Acquisition. PCD Loans and Leases dollars in millions Total PCD from SVBB Acquisition UPB $ 2,558 Fair value 2,036 Fair value discount 522 PCD gross-up (220) Non-credit discount (1) $ 302 (2) The non-credit discount of $302 million will be accreted into income over the contractual life of the loan using the effective interest method. The following table provides the purchase price allocation to the identifiable assets acquired and liabilities assumed at their estimated fair values as of the Merger Date: Purchase Price Consideration and Net Assets Acquired dollars in millions, except shares issued and price per share Purchase Price Allocation Common share consideration Shares of Class A Common Stock issued 6,140,010 Price per share on January 3, 2022 $ 859.76 Common stock consideration $ 5,279 Preferred stock consideration 541 Stock-based compensation consideration 81 Cash in lieu of fractional shares and other consideration paid 51 Purchase price consideration $ 5,952 Assets Cash and interest-earning deposits at banks $ 3,060 Investment securities 6,561 Assets held for sale 59 Loans and leases 32,714 Operating lease equipment 7,838 Bank-owned life insurance 1,202 Intangible assets 143 Other assets 2,198 Total assets acquired $ 53,775 Liabilities Deposits $ 39,428 Borrowings 4,536 Credit balances of factoring clients 1,534 Other liabilities 1,894 Total liabilities assumed $ 47,392 Fair value of net assets acquired 6,383 Gain on acquisition $ 431
Schedule of Valuation of Core Deposits	The following table presents the intangible asset recorded related to the valuation of core deposits: Intangible Asset dollars in millions Fair Value Estimated Useful Life Amortization Method Core deposit intangibles $ 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 $ 428 Federal Home Loan Bank stock / Federal Reserve Bank stock 320 Fair value of derivative financial instruments, net 197 Other 341 Total other assets $ 1,286 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, net 336 Accrued expenses and accounts payable 262 Reserve for off-balance sheet credit exposures 253 Accrued interest payable 113 Other 203 Total other liabilities $ 1,882

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
Investment Securities (Tables)	Jun. 30, 2023
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 June 30, 2023 and December 31, 2022. Amortized Cost and Fair Value - Investment Securities dollars in millions June 30, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 4,763 $ — $ (129) $ 4,634 Government agency 143 — (3) 140 Residential mortgage-backed securities 5,443 — (633) 4,810 Commercial mortgage-backed securities 1,776 — (199) 1,577 Corporate bonds (1) 538 — (62) 476 Municipal bonds 260 — (3) 257 Total investment securities available for sale (1) $ 12,923 $ — $ (1,029) $ 11,894 Investment in marketable equity securities $ 75 $ 10 $ (9) $ 76 Investment securities held to maturity U.S. Treasury $ 476 $ — $ (50) $ 426 Government agency 1,502 — (174) 1,328 Residential mortgage-backed securities 4,406 — (690) 3,716 Commercial mortgage-backed securities 3,518 — (595) 2,923 Supranational securities 297 — (40) 257 Other 2 — — 2 Total investment securities held to maturity $ 10,201 $ — $ (1,549) $ 8,652 Total investment securities (1) $ 23,199 $ 10 $ (2,587) $ 20,622 (1) Balances presented net of allowance for credit losses of $3 million. December 31, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Investment securities available for sale U.S. Treasury $ 2,035 $ — $ (137) $ 1,898 Government agency 164 — (2) 162 Residential mortgage-backed securities 5,424 1 (630) 4,795 Commercial mortgage-backed securities 1,774 — (170) 1,604 Corporate bonds 570 — (34) 536 Total investment securities available for sale $ 9,967 $ 1 $ (973) $ 8,995 Investment in marketable equity securities $ 75 $ 21 $ (1) $ 95 Investment securities held to maturity U.S. Treasury $ 474 $ — $ (50) $ 424 Government agency 1,548 — (186) 1,362 Residential mortgage-backed securities 4,605 — (723) 3,882 Commercial mortgage-backed securities 3,355 — (484) 2,871 Supranational securities 295 — (41) 254 Other 2 — — 2 Total investment securities held to maturity $ 10,279 $ — $ (1,484) $ 8,795 Total investment securities $ 20,321 $ 22 $ (2,458) $ 17,885
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 June 30, 2023 December 31, 2022 Cost Fair Value Cost Fair Value Investment securities available for sale Non-amortizing securities maturing in: One year or less $ 2,987 $ 2,975 $ 37 $ 37 After one through five years 1,910 1,787 2,068 1,928 After five through 10 years 510 457 483 455 After 10 years 154 148 17 14 Government agency 143 140 164 162 Residential mortgage-backed securities 5,443 4,810 5,424 4,795 Commercial mortgage-backed securities 1,776 1,577 1,774 1,604 Total investment securities available for sale (1) $ 12,923 $ 11,894 $ 9,967 $ 8,995 Investment securities held to maturity Non-amortizing securities maturing in: One year or less $ 2 $ 2 $ 51 $ 51 After one through five years 1,581 1,426 1,479 1,328 After five through 10 years 694 585 789 663 Residential mortgage-backed securities 4,406 3,716 4,605 3,882 Commercial mortgage-backed securities 3,518 2,923 3,355 2,871 Total investment securities held to maturity $ 10,201 $ 8,652 $ 10,279 $ 8,795 (1) Balances as of June 30, 2023 are presented net of the allowance for credit losses of $3 million.
Schedule of Interest and Dividends on Investment Securities	T he following table presents interest and dividend income on investment securities: Interest and Dividends on Investment Securities dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Interest income - taxable investment securities $ 118 $ 89 $ 224 $ 171 Interest income - nontaxable investment securities 2 — 2 — Dividend income - marketable equity securities — — 1 1 Interest on investment securities $ 120 $ 89 $ 227 $ 172
Schedule of Realized Gain (Loss)	The following table presents the gross realized losses on the sales of investment securities available for sale: Realized Losses on Debt Securities Available For Sale dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Gross realized gains on sales of investment securities available for sale $ — $ — $ — $ — Gross realized losses on sales of investment securities available for sale — — (14) — Net realized losses on sales of investment securities available for sale $ — $ — $ (14) $ — The following table provides the fair value adjustment on marketable equity securities: Fair Value Adjustment on Marketable Equity Securities dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Fair value adjustment on marketable equity securities, net $ (10) $ (6) $ (19) $ (3)
Schedule of Unrealized Loss 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 June 30, 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 $ 2,760 $ (2) $ 1,874 $ (127) $ 4,634 $ (129) Government agency 51 (1) 89 (2) 140 (3) Residential mortgage-backed securities 896 (33) 3,854 (600) 4,750 (633) Commercial mortgage-backed securities 564 (17) 999 (182) 1,563 (199) Corporate bonds (1) 216 (19) 260 (43) 476 (62) Municipal bonds 248 (3) — — 248 (3) Total (1) $ 4,735 $ (75) $ 7,076 $ (954) $ 11,811 $ (1,029) December 31, 2022 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 $ 403 $ (27) $ 1,495 $ (110) $ 1,898 $ (137) Government agency 65 (1) 62 (1) 127 (2) Residential mortgage-backed securities 1,698 (165) 3,001 (465) 4,699 (630) Commercial mortgage-backed securities 836 (53) 752 (117) 1,588 (170) Corporate bonds 499 (30) 37 (4) 536 (34) Municipal bonds — — — — — — Total $ 3,501 $ (276) $ 5,347 $ (697) $ 8,848 $ (973) (1) Balances as of June 30, 2023 are presented net of the allowance for credit losses of $3 million.

Loans and Leases (Tables)

Loans and Leases (Tables)	6 Months Ended
Loans and Leases (Tables)	Jun. 30, 2023
Receivables [Abstract]
Schedule of Loans by Class	As disclosed in Note 2 — Business Combinations, the following tables and text data as of June 30, 2023 include loans acquired in the SVBB Acquisition. Loans by Class dollars in millions June 30, 2023 December 31, 2022 Commercial Commercial construction $ 3,182 $ 2,804 Owner occupied commercial mortgage 14,748 14,473 Non-owner occupied commercial mortgage 10,733 9,902 Commercial and industrial 25,376 24,105 Leases 2,130 2,171 Total commercial 56,169 53,455 Consumer Residential mortgage 14,065 13,309 Revolving mortgage 1,900 1,951 Consumer auto 1,425 1,414 Consumer other 657 652 Total consumer 18,047 17,326 SVB Global fund banking 29,333 — Investor dependent - early stage 1,840 — Investor dependent - growth stage 4,052 — Innovation C&I and cash flow dependent 8,905 — Private Bank 9,580 — CRE 2,530 — Other 2,559 — Total SVB 58,799 — Total loans and leases $ 133,015 $ 70,781
Schedule of Amortized Cost of Loans	The following table presents selected components of the amortized cost of loans, including the unamortized discount on acquired loans. Components of Amortized Cost dollars in millions June 30, 2023 December 31, 2022 Deferred (fees) costs, including unamortized costs and unearned fees on non-PCD loans $ (17) $ 34 Net unamortized discount on acquired loans Non-PCD $ 2,202 $ 73 PCD 276 45 Total net unamortized discount $ 2,478 $ 118
Schedule of Loans and Leases Delinquency Status and Nonaccrual Status	The aging of the outstanding loans and leases by class at June 30, 2023 and December 31, 2022 is provided in the tables below. Loans and leases less than 30 days past due are considered current, as various grace periods allow borrowers to make payments within a stated period after the due date and remain in compliance with the respective agreement. Loans and Leases - Delinquency Status dollars in millions June 30, 2023 30-59 Days 60-89 Days 90 Days or Total Current Total Commercial Commercial construction $ — $ 9 $ 1 $ 10 $ 3,172 $ 3,182 Owner occupied commercial mortgage 20 9 39 68 14,680 14,748 Non-owner occupied commercial mortgage 38 115 260 413 10,320 10,733 Commercial and industrial 84 38 83 205 25,171 25,376 Leases 32 19 14 65 2,065 2,130 Total commercial 174 190 397 761 55,408 56,169 Consumer Residential mortgage 113 21 46 180 13,885 14,065 Revolving mortgage 12 2 8 22 1,878 1,900 Consumer auto 8 1 1 10 1,415 1,425 Consumer other 3 2 3 8 649 657 Total consumer 136 26 58 220 17,827 18,047 SVB Global fund banking 6 — — 6 29,327 29,333 Investor dependent - early stage 3 3 21 27 1,813 1,840 Investor dependent - growth stage — 8 12 20 4,032 4,052 Innovation C&I and cash flow dependent 15 2 19 36 8,869 8,905 Private Bank 9 10 17 36 9,544 9,580 CRE 1 2 — 3 2,527 2,530 Other 5 2 4 11 2,548 2,559 Total SVB 39 27 73 139 58,660 58,799 Total loans and leases $ 349 $ 243 $ 528 $ 1,120 $ 131,895 $ 133,015 December 31, 2022 30-59 Days 60-89 Days 90 Days or Total Current Total Commercial Commercial construction $ 50 $ — $ 1 $ 51 $ 2,753 $ 2,804 Owner occupied commercial mortgage 29 5 25 59 14,414 14,473 Non-owner occupied commercial mortgage 76 144 11 231 9,671 9,902 Commercial and industrial 173 26 53 252 23,853 24,105 Leases 59 17 16 92 2,079 2,171 Total commercial 387 192 106 685 52,770 53,455 Consumer Residential mortgage 73 16 52 141 13,168 13,309 Revolving mortgage 9 3 8 20 1,931 1,951 Consumer auto 7 1 1 9 1,405 1,414 Consumer other 4 2 3 9 643 652 Total consumer 93 22 64 179 17,147 17,326 Total loans and leases $ 480 $ 214 $ 170 $ 864 $ 69,917 $ 70,781 The amortized cost by class of loans and leases on non-accrual status, and loans and leases greater than 90 days past due and still accruing at June 30, 2023 and December 31, 2022 are presented below. Loans on Non-Accrual Status (1) (2) dollars in millions June 30, 2023 December 31, 2022 Non-Accrual Loans Loans > Non-Accrual Loans Loans > Commercial Commercial construction $ 4 $ — $ 48 $ — Owner occupied commercial mortgage 51 8 41 2 Non-owner occupied commercial mortgage 318 1 228 — Commercial and industrial 216 30 184 41 Leases 33 3 28 7 Total commercial 622 42 529 50 Consumer Residential mortgage 72 7 75 10 Revolving mortgage 17 — 18 — Consumer auto 4 — 4 — Consumer other 1 3 1 3 Total consumer 94 10 98 13 SVB Global fund banking — — — — Investor dependent - early stage 26 3 — — Investor dependent - growth stage 100 — — — Innovation C&I and cash flow dependent 43 13 — — Private Bank 29 2 — — CRE 14 — — — Other 1 4 — — Total SVB 213 22 — — Total loans and leases $ 929 $ 74 $ 627 $ 63 (1) Accrued interest that was reversed when the loan went to non-accrual status was $5 million for the six months ended June 30, 2023 and $4 million for the year ended December 31, 2022. (2) Non-accrual loans for which there was no related ACL totaled $74 million at June 30, 2023 and $63 million at December 31, 2022. The following tables present the amortized cost and performance of modified loans to borrowers experiencing financial difficulties. The period of delinquency is based on the number of days the scheduled payment is contractually past due. Modified Loans Payment Status (three months ended June 30, 2023) dollars in millions Current 30–59 Days Past Due 60–89 Days Past Due 90 days or greater Past Due Total Commercial Commercial construction $ — $ — $ — $ — $ — Owner occupied commercial mortgage 13 — — — 13 Non-owner occupied commercial mortgage 126 — — 35 161 Commercial and industrial 63 — — — 63 Total commercial 202 — — 35 237 Consumer Residential mortgage 5 — — — 5 Total consumer 5 — — — 5 SVB Investor dependent - early stage 5 — — 3 8 Innovation C&I and cash flow dependent 59 — — 6 65 Total SVB 64 — — 9 73 Total loans and leases $ 271 $ — $ — $ 44 $ 315 Modified Loans Payment Status (six months ended June 30, 2023) dollars in millions Current 30–59 Days Past Due 60–89 Days Past Due 90 days or greater Past Due Total Commercial Commercial construction $ 1 $ — $ — $ — $ 1 Owner occupied commercial mortgage 24 — — — 24 Non-owner occupied commercial mortgage 177 — — 35 212 Commercial and industrial 76 — — — 76 Total commercial 278 — — 35 313 Consumer Residential mortgage 6 — — — 6 Total consumer 6 — — — 6 SVB Investor dependent - early stage 5 — — 3 8 Innovation C&I and cash flow dependent 66 — — 6 72 Total SVB 71 — — 9 80 Total loans and leases $ 355 $ — $ — $ 44 $ 399
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 June 30, 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 $ 369 $ 1,260 $ 775 $ 374 $ 99 $ 60 $ 85 $ — $ 3,022 Special Mention — 58 — 49 30 — — — 137 Substandard 1 2 14 — 1 5 — — 23 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total commercial construction 370 1,320 789 423 130 65 85 — 3,182 Owner occupied commercial mortgage Pass 981 2,740 3,221 2,808 1,699 2,497 167 — 14,113 Special Mention 7 49 13 25 21 69 8 — 192 Substandard 6 35 98 70 43 185 6 — 443 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total owner occupied commercial mortgage 994 2,824 3,332 2,903 1,763 2,751 181 — 14,748 Non-owner occupied commercial mortgage Pass 1,182 2,575 1,660 1,669 1,119 1,349 47 — 9,601 Special Mention 7 — — 95 111 74 — — 287 Substandard 1 2 12 92 382 301 — — 790 Doubtful — — — — 46 9 — — 55 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 1,190 2,577 1,672 1,856 1,658 1,733 47 — 10,733 Commercial and industrial Pass 5,139 5,141 3,512 1,706 1,233 1,285 5,421 4 23,441 Special Mention 58 114 135 91 52 40 110 — 600 Substandard 44 142 123 204 131 261 232 1 1,138 Doubtful — 8 6 1 23 24 20 — 82 Ungraded — — — — — — 115 — 115 Total commercial and industrial 5,241 5,405 3,776 2,002 1,439 1,610 5,898 5 25,376 Leases Pass 415 595 387 292 146 105 — — 1,940 Special Mention 10 23 12 10 6 2 — — 63 Substandard 14 34 26 22 9 11 — — 116 Doubtful — 4 3 2 1 1 — — 11 Ungraded — — — — — — — — — Total leases 439 656 428 326 162 119 — — 2,130 Total commercial $ 8,234 $ 12,782 $ 9,997 $ 7,510 $ 5,152 $ 6,278 $ 6,211 $ 5 $ 56,169 SVB - Risk Classifications by Class June 30, 2023 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2023 2022 2021 2020 2019 2018 & Prior Revolving Total Global fund banking Pass $ 168 $ 180 $ 129 $ 96 $ 42 $ 8 $ 28,646 $ 39 $ 29,308 Special Mention — — — — — — 14 — 14 Substandard — — — — — — 11 — 11 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total global fund banking 168 180 129 96 42 8 28,671 39 29,333 Investor dependent - early stage Pass 115 893 298 83 33 6 142 2 1,572 Special Mention 2 1 — — — — — — 3 Substandard 1 69 85 19 7 2 55 — 238 Doubtful — 16 3 2 — — 6 — 27 Ungraded — — — — — — — — — Total investor dependent - early stage 118 979 386 104 40 8 203 2 1,840 Investor dependent - growth stage Pass 333 1,219 988 460 119 145 233 5 3,502 Special Mention — 19 55 19 — 1 — — 94 Substandard 5 119 100 78 8 19 28 — 357 Doubtful — 36 34 10 8 6 5 — 99 Ungraded — — — — — — — — — Total investor dependent - growth stage 338 1,393 1,177 567 135 171 266 5 4,052 Innovation C&I and cash flow dependent Pass 406 1,527 1,112 1,123 594 479 2,682 — 7,923 Special Mention — 85 37 — 27 49 72 — 270 Substandard 47 110 115 114 11 38 234 — 669 Doubtful — — 1 17 — — 25 — 43 Ungraded — — — — — — — — — Total innovation C&I and cash flow dependent 453 1,722 1,265 1,254 632 566 3,013 — 8,905 Private bank Pass 696 2,298 2,205 1,411 789 1,218 899 9 9,525 Special Mention — 2 2 — — 6 6 — 16 Substandard — — — — 2 9 4 — 15 Doubtful — — — 1 1 22 — — 24 Ungraded — — — — — — — — — Total private bank 696 2,300 2,207 1,412 792 1,255 909 9 9,580 CRE Pass 171 543 251 182 196 876 85 5 2,309 Special Mention — 3 11 3 3 17 — — 37 Substandard — 1 2 21 98 46 2 — 170 Doubtful — — 2 — 1 11 — — 14 Ungraded — — — — — — — — — Total CRE 171 547 266 206 298 950 87 5 2,530 Other Pass 97 456 416 311 139 543 372 65 2,399 Special Mention — 13 8 13 — 16 5 — 55 Substandard — 25 9 10 6 29 26 — 105 Doubtful — — — — — — — — — Ungraded — — — — — — — — — Total Other 97 494 433 334 145 588 403 65 2,559 Total SVB $ 2,041 $ 7,615 $ 5,863 $ 3,973 $ 2,084 $ 3,546 $ 33,552 $ 125 $ 58,799 Consumer Loans - Delinquency Status by Class June 30, 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 $ 1,221 $ 3,513 $ 3,615 $ 1,984 $ 740 $ 2,804 $ 8 $ — $ 13,885 30-59 days 3 15 11 7 6 71 — — 113 60-89 days — 2 5 2 1 11 — — 21 90 days or greater — 1 1 2 — 42 — — 46 Total residential mortgage 1,224 3,531 3,632 1,995 747 2,928 8 — 14,065 Revolving mortgage Current — — — — — — 1,792 86 1,878 30-59 days — — — — — — 9 3 12 60-89 days — — — — — — 1 1 2 90 days or greater — — — — — — 4 4 8 Total revolving mortgage — — — — — — 1,806 94 1,900 Consumer auto Current 276 514 324 171 81 49 — — 1,415 30-59 days 1 2 2 1 1 1 — — 8 60-89 days — — 1 — — — — — 1 90 days or greater — 1 — — — — — — 1 Total consumer auto 277 517 327 172 82 50 — — 1,425 Consumer other Current 74 128 65 10 5 19 348 — 649 30-59 days — — — — — 1 2 — 3 60-89 days — — — — — 1 1 — 2 90 days or greater — — — — — 1 2 — 3 Total consumer other 74 128 65 10 5 22 353 — 657 Total consumer $ 1,575 $ 4,176 $ 4,024 $ 2,177 $ 834 $ 3,000 $ 2,167 $ 94 $ 18,047 The following tables represent current credit quality indicators by origination year as of December 31, 2022: Commercial Loans - Risk Classifications by Class December 31, 2022 Risk Classification: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2022 2021 2020 2019 2018 2017 & Prior Revolving Total Commercial construction Pass $ 1,140 $ 759 $ 511 $ 157 $ 27 $ 75 $ 42 $ — $ 2,711 Special Mention 4 — 18 18 — — — — 40 Substandard 2 — — 43 — 5 — — 50 Doubtful — — — 3 — — — — 3 Ungraded — — — — — — — — — Total commercial construction 1,146 759 529 221 27 80 42 — 2,804 Owner occupied commercial mortgage Pass 2,773 3,328 2,966 1,825 1,048 1,867 177 — 13,984 Special Mention 33 14 32 33 18 49 2 — 181 Substandard 24 47 41 28 47 114 6 — 307 Doubtful — — — — — 1 — — 1 Ungraded — — — — — — — — — Total owner occupied commercial mortgage 2,830 3,389 3,039 1,886 1,113 2,031 185 — 14,473 Non-owner occupied commercial mortgage Pass 2,501 1,658 1,794 1,397 680 933 48 — 9,011 Special Mention — 1 69 38 35 10 1 — 154 Substandard 3 11 68 324 58 236 — — 700 Doubtful — — — 17 — 20 — — 37 Ungraded — — — — — — — — — Total non-owner occupied commercial mortgage 2,504 1,670 1,931 1,776 773 1,199 49 — 9,902 Commercial and industrial Pass 7,695 4,145 2,035 1,533 872 845 5,252 29 22,406 Special Mention 87 153 79 63 52 23 40 — 497 Substandard 106 117 194 132 166 145 200 1 1,061 Doubtful 1 4 3 11 6 16 7 — 48 Ungraded — — — — — — 93 — 93 Total commercial and industrial 7,889 4,419 2,311 1,739 1,096 1,029 5,592 30 24,105 Leases Pass 718 466 389 216 80 108 — — 1,977 Special Mention 21 22 17 9 4 — — — 73 Substandard 32 32 27 12 7 1 — — 111 Doubtful 2 3 2 1 1 — — — 9 Ungraded — — — — — 1 — — 1 Total leases 773 523 435 238 92 110 — — 2,171 Total commercial $ 15,142 $ 10,760 $ 8,245 $ 5,860 $ 3,101 $ 4,449 $ 5,868 $ 30 $ 53,455 Consumer Loans - Delinquency Status by Class December 31, 2022 Days Past Due: Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2022 2021 2020 2019 2018 2017 & Prior Revolving Total Residential mortgage Current $ 3,485 $ 3,721 $ 2,097 $ 805 $ 413 $ 2,625 $ 22 $ — $ 13,168 30-59 days 3 7 6 5 3 49 — — 73 60-89 days 1 1 2 — 1 11 — — 16 90 days or greater — 1 1 2 2 46 — — 52 Total residential mortgage 3,489 3,730 2,106 812 419 2,731 22 — 13,309 Revolving mortgage Current — — — — — — 1,839 92 1,931 30-59 days — — — — — — 5 4 9 60-89 days — — — — — — 2 1 3 90 days or greater — — — — — — 5 3 8 Total revolving mortgage — — — — — — 1,851 100 1,951 Consumer auto Current 599 398 216 111 59 22 — — 1,405 30-59 days 1 2 2 1 1 — — — 7 60-89 days — 1 — — — — — — 1 90 days or greater — 1 — — — — — — 1 Total consumer auto 600 402 218 112 60 22 — — 1,414 Consumer other Current 160 82 13 6 2 19 361 — 643 30-59 days — — — — — 1 3 — 4 60-89 days — — — — — 1 1 — 2 90 days or greater — — — — — 1 2 — 3 Total consumer other 160 82 13 6 2 22 367 — 652 Total consumer $ 4,249 $ 4,214 $ 2,337 $ 930 $ 481 $ 2,775 $ 2,240 $ 100 $ 17,326
Schedule of Troubled Debt Restructuring	Gross charge-off vintage disclosures by origination year and loan class are summarized in the following table for the six months ended June 30, 2023: Gross Charge-offs Six Months Ended June 30, 2023 Term Loans by Origination Year Revolving Converted to Term Loans dollars in millions 2023 2022 2021 2020 2019 2018 & Prior Revolving Total Commercial Non-owner occupied commercial mortgage $ — $ — $ — $ — $ 17 $ 12 $ — $ — $ 29 Commercial and industrial 3 31 16 5 3 10 16 — 84 Leases — 5 3 1 1 1 — — 11 Total commercial 3 36 19 6 21 23 16 — 124 Consumer Residential mortgage — — — — — 2 — — 2 Consumer auto — 1 — — — — — — 1 Consumer other 3 1 — — — — 6 — 10 Total consumer 3 2 — — — 2 6 — 13 SVB Investor dependent - early stage 12 13 5 — — — — — 30 Investor dependent - growth stage 1 5 10 3 1 — 4 — 24 Innovation C&I and cash flow dependent — — — 42 — — 5 — 47 Total SVB 13 18 15 45 1 — 9 — 101 Total loans and leases $ 19 $ 56 $ 34 $ 51 $ 22 $ 25 $ 31 $ — $ 238 The following tables present loan modifications made to debtors experiencing financial difficulty, disaggregated by class and type of loan modification. The tables also include the weighted average term extensions, as well as the modification total relative to the total period-end amortized cost basis of loans in the respective loan class. Loan Modifications Made to Borrowers Experiencing Financial Difficulty (three months ended June 30, 2023) dollars in millions Term Extension (1) Other Than Insignificant Payment Delay Interest Rate Reduction Amortized Cost Weighted Average Term Extension (Months) Amortized Cost Weighted Average Payment Delay (Months) Amortized Cost Weighted Average Interest Rate Reduction Commercial Commercial construction $ — 47 $ — — $ — — % Owner occupied commercial mortgage 12 13 — — 1 3.50 Non-owner occupied commercial mortgage 161 15 — — — — Commercial and industrial 57 24 6 6 — 14.40 Total commercial 230 17 6 6 1 3.50 Consumer Residential mortgage 2 90 — — — — Revolving mortgage — 55 — — — — Consumer auto — 19 — — — — Consumer other — 60 — — — 9.21 Total consumer 2 84 — — — 9.21 SVB Investor dependent - early stage 2 6 6 4 — — Innovation C&I and cash flow dependent 42 3 23 7 — — Total SVB 44 3 29 6 — — Total loans and leases $ 276 16 $ 35 6 $ 1 3.70 % dollars in millions Term Extension (1) and Interest Rate Reduction Term Extension (1) and Other Than Insignificant Payment Delay Total Amortized Cost Weighted Average Term Extension (Months) Weighted Average Interest Rate Reduction Amortized Cost Weighted Average Term Extension (Months) Weighted Average Payment Delay (Months) Amortized Cost Total as a % of Loan and Lease Class Commercial Commercial construction $ — — — % $ — — — $ — 0.01 % Owner occupied commercial mortgage — — — — — — 13 0.09 Non-owner occupied commercial mortgage — — — — — — 161 1.50 Commercial and industrial — 28 5.18 — — — 63 0.25 Total commercial — 28 5.18 — — — 237 0.42 Consumer — Residential mortgage 3 60 3.44 — — — 5 0.03 Revolving mortgage — 44 0.41 — — — — 0.01 Consumer auto — 31 0.70 — — — — 0.01 Consumer other — — — — — — — 0.01 Total consumer 3 59 3.35 — — — 5 0.03 SVB Investor dependent - early stage — — — — — — 8 0.41 Innovation C&I and cash flow dependent — — — — — — 65 0.73 Total SVB — — — — — — 73 0.12 Total loans and leases $ 3 58 3.43 % $ — 0 0 $ 315 0.24 % Loan Modifications Made to Borrowers Experiencing Financial Difficulty (six months ended June 30, 2023) dollars in millions Term Extension (1) Other Than Insignificant Payment Delay Interest Rate Reduction Amortized Cost Weighted Average Term Extension (Months) Amortized Cost Weighted Average Payment Delay (Months) Amortized Cost Weighted Average Interest Rate Reduction Commercial Commercial construction $ 1 22 $ — — $ — — % Owner occupied commercial mortgage 22 12 — — 2 3.63 Non-owner occupied commercial mortgage 212 13 — — — — Commercial and industrial 67 22 6 6 — 14.40 Total commercial 302 15 6 6 2 3.62 Consumer Residential mortgage 3 62 — — — — Revolving mortgage — 56 — — — — Consumer auto — 19 — — — — Consumer other — 60 — — — 9.33 Total consumer 3 61 — — — 9.33 SVB Investor dependent - early stage 2 6 6 4 — — Innovation C&I and cash flow dependent 49 4 23 7 — — Other — 17 — — — — Total SVB 51 4 29 6 — — Total loans and leases $ 356 13 $ 35 6 $ 2 3.86 % dollars in millions Term Extension (1) and Interest Rate Reduction Term Extension (1) and Other Than Insignificant Payment Delay Total Amortized Cost Weighted Average Term Extension (Months) Weighted Average Interest Rate Reduction Amortized Cost Weighted Average Term Extension (Months) Weighted Average Payment Delay (Months) Amortized Cost Total as a % of Loan and Lease Class Commercial Commercial construction $ — — — % $ — — — $ 1 0.03 % Owner occupied commercial mortgage — 36 2.00 — — — 24 0.16 Non-owner occupied commercial mortgage — — — — — — 212 1.97 Commercial and industrial — 30 4.61 3 8 2 76 0.30 Total commercial — 32 3.68 3 8 2 313 0.56 Consumer — Residential mortgage 3 60 3.44 — — — 6 0.04 Revolving mortgage — 53 0.40 — — — — 0.02 Consumer auto — 31 0.70 — — — — 0.01 Consumer other — — — — — — — 0.01 Total consumer 3 59 3.31 — — — 6 0.04 SVB Investor dependent - early stage — — — — — — 8 0.41 Innovation C&I and cash flow dependent — — — — — — 72 0.81 Other — — — — — — — — Total SVB — — — — — — 80 0.14 Total loans and leases $ 3 57 3.34 % $ 3 8 2 $ 399 0.30 % (1) Term extensions include loans where the balloon payment has been deferred to a later date or is amortizing over an extended period. The following table presents amortized cost of TDRs: TDRs dollars in millions December 31, 2022 Accruing Non-Accruing Total Commercial Commercial construction $ 2 $ 1 $ 3 Owner occupied commercial mortgage 46 9 55 Non-owner occupied commercial mortgage 24 30 54 Commercial and industrial 26 8 34 Leases — 1 1 Total commercial 98 49 147 Consumer Residential mortgage 33 17 50 Revolving mortgage 17 5 22 Consumer auto 2 — 2 Consumer other — — — Total consumer 52 22 74 Total TDRs $ 150 $ 71 $ 221 The following table summarizes the loan restructurings during the three and six months ended June 30, 2022 that were designated as TDRs. BancShares defines payment default as movement of the TDR to non-accrual status, which is generally 90 days past due, foreclosure or charge-off, whichever occurs first. Restructurings dollars in millions (except for number of loans) Three Months Ended June 30, 2022 Six Months Ended June 30, 2022 Number of Loans Amortized Cost at Period End Number of Loans Amortized Cost at Period End Loans and leases Interest only 6 $ 6 8 $ 6 Loan term extension 41 4 76 23 Below market rates 25 3 45 5 Discharge from bankruptcy 18 2 42 4 Total 90 $ 15 171 $ 38 TDR Defaults dollars in millions Three Months Ended Six Months Ended June 30, 2022 June 30, 2022 TDR Defaults $ 1 $ 3
Schedule of Loans Purchased with Credit Deterioration
Schedule of Loans Pledged as Collateral	The following table provides information regarding loans pledged as collateral for borrowing capacity through the FHLB of Atlanta and the Federal Reserve Bank (“FRB”) as of June 30, 2023 and December 31, 2022. Loans Pledged dollars in millions June 30, 2023 December 31, 2022 FHLB of Atlanta Lendable collateral value of pledged non-PCD loans $ 14,999 $ 14,918 Less: Advances 2,425 4,250 Less: Letters of Credit 1,450 1,450 Available borrowing capacity $ 11,124 $ 9,218 Pledged non-PCD loans (contractual balance) $ 23,969 $ 23,491 FRB Lendable collateral value of pledged non-PCD loans $ 4,817 $ 4,203 Less: Advances — — Available borrowing capacity $ 4,817 $ 4,203 Pledged non-PCD loans (contractual balance) $ 5,995 $ 5,697

Allowance for Credit Losses (Ta

Allowance for Credit Losses (Tables)	6 Months Ended
Allowance for Credit Losses (Tables)	Jun. 30, 2023
Receivables [Abstract]
Schedule of Allowance for Credit Losses	The ACL activity for loans and leases, unfunded commitments and investment securities is summarized in the following tables. ACL for Loans and Leases dollars in millions Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Commercial Consumer SVB Total Commercial Consumer SVB Total Balance at beginning of period $ 800 $ 143 $ 662 $ 1,605 $ 789 $ 133 $ — $ 922 Initial PCD ACL — — 20 20 — — 220 220 Day 2 provision for loans and leases — — — — — — 462 462 Provision (benefit) for credit losses - loans and leases 172 16 (19) 169 230 29 (19) 240 Total provision (benefit) for credit losses- loans and leases 172 16 (19) 169 230 29 443 702 Charge-offs (69) (6) (101) (176) (124) (13) (101) (238) Recoveries 12 3 4 19 20 7 4 31 Balance at June 30, 2023 $ 915 $ 156 $ 566 $ 1,637 $ 915 $ 156 $ 566 $ 1,637 Three Months Ended June 30, 2022 Six Months Ended June 30, 2022 Commercial Consumer SVB Total Commercial Consumer SVB Total Balance at beginning of period $ 743 $ 105 $ — $ 848 $ 80 $ 98 $ — $ 178 Initial PCD ACL (12) — — (12) 258 14 — 272 Day 2 provision for loans and leases — — — — 432 22 — 454 Provision (benefit) for credit losses - loans and leases 33 3 — 36 10 (27) — (17) Total provision (benefit) for credit losses- loans and leases 33 3 — 36 442 (5) — 437 Charge-offs (36) (5) — (41) (64) (10) — (74) Recoveries 12 7 — 19 24 13 — 37 Balance at June 30, 2022 $ 740 $ 110 $ — $ 850 $ 740 $ 110 $ — $ 850 ACL for Unfunded Commitments dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Beginning balance $ 352 $ 75 $ 106 $ 12 Day 2 provision for unfunded commitments — — 254 59 (Benefit) provision for unfunded commitments (17) 6 (25) 10 Total (benefit) provision for credit losses - unfunded commitments (17) 6 229 69 Ending balance $ 335 $ 81 $ 335 $ 81 ACL for Investment Securities dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Beginning balance $ 4 $ — $ — $ — (Benefit) provision for credit losses - investment securities available for sale (1) — 3 — Ending balance $ 3 $ — $ 3 $ —

Leases (Tables)

Leases (Tables)	6 Months Ended
Leases (Tables)	Jun. 30, 2023
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 June 30, 2023 December 31, 2022 ROU assets: Operating leases Other assets $ 360 $ 345 Finance leases Premises and equipment 6 7 Total ROU assets $ 366 $ 352 Lease liabilities: Operating leases Other liabilities $ 368 $ 352 Finance leases Other borrowings 6 7 Total lease liabilities $ 374 $ 359 Weighted-average remaining lease terms: Operating leases 9.0 years 9.6 years Finance leases 3.6 years 4.1 years Weighted-average discount rate: Operating leases 2.42 % 2.19 % Finance leases 2.33 2.34
Schedule of Net Lease Cost	The following table presents components of lease cost: Components of Net Lease Cost dollars in millions Three Months Ended June 30, Six Months Ended June 30, Classification 2023 2022 2023 2022 Lease cost Operating lease cost (1) Occupancy Expense $ 15 $ 15 $ 28 $ 30 Finance lease cost Amortization of leased assets Equipment expense — 1 1 1 Variable lease cost Occupancy Expense 4 3 7 6 Sublease income Occupancy Expense (1) (1) (1) (1) Net lease cost $ 18 $ 18 $ 35 $ 36 (1) Includes short-term lease cost, which is not significant.
Schedule of Supplemental Cash Flow Information	The following table presents supplemental cash flow information related to leases: Supplemental Cash Flow Information dollars in millions Six Months Ended June 30, 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 28 $ 26 Financing cash flows from finance leases 1 1 ROU assets obtained in exchange for new operating lease liabilities 10 15
Schedule of Operating Lease Income	The table that follows presents lease income related to BancShares’ operating and finance leases: Lease Income dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Lease income – Operating leases $ 221 $ 196 $ 435 $ 391 Variable lease income – Operating leases (1) 17 17 36 30 Rental income on operating leases 238 213 471 421 Interest income - Sales type and direct financing leases 43 42 84 84 Variable lease income included in Other noninterest income (2) 14 13 28 23 Interest income - Leveraged leases 4 5 9 9 Total lease income $ 299 $ 273 $ 592 $ 537 (1) Primarily includes per diem railcar operating lease rental income earned on a time or mileage usage basis. (2) Includes leased equipment property tax reimbursements due from customers of $3 million and $8 million for the three and six months ended June 30, 2023, respectively, and revenue related to insurance coverage on leased equipment of $10 million and $21 million for the three and six months ended June 30, 2023, respectively. Includes leased equipment property tax reimbursements due from customers of $5 million and $8 million for the three and six months ended June 30, 2022, respectively, and revenue related to insurance coverage on leased equipment of $8 million and $15 million for the three and six months ended June 30, 2022, respectively.

Goodwill and Core Deposit Int_2

Goodwill and Core Deposit Intangibles (Tables)	6 Months Ended
Goodwill and Core Deposit Intangibles (Tables)	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Core Deposit Intangible Assets	The following tables summarize the activity for core deposit intangibles during the six months ended June 30, 2023. Core Deposit Intangibles dollars in millions 2023 Balance, net of accumulated amortization at January 1 $ 140 Core deposit intangibles related to the SVBB Acquisition 230 Amortization for the period (23) Balance at June 30, net of accumulated amortization $ 347 Core Deposit Intangible Accumulated Amortization dollars in millions June 30, 2023 December 31, 2022 Gross balance $ 501 $ 271 Accumulated amortization (154) (131) Balance, net of accumulated amortization $ 347 $ 140
Schedule of Core Deposit Intangible Assets, Future Amortization Expense	The following table summarizes the expected amortization expense as of June 30, 2023 in subsequent periods for core deposit intangibles. Core Deposit Intangible Expected Amortization dollars in millions Remainder 2023 $ 34 2024 63 2025 54 2026 46 2027 39 2028 35 Thereafter 76 Balance, net of accumulated amortization $ 347

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	6 Months Ended
Variable Interest Entities (Tables)	Jun. 30, 2023
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. As disclosed in Note 2 — Business Combinations, the following tables as of June 30, 2023 include VIEs acquired in the SVBB Acquisition. Unconsolidated VIEs Carrying Value dollars in millions June 30, 2023 December 31, 2022 Investment in qualified affordable housing projects $ 1,808 $ 598 Other tax credit equity investments 4 5 Total tax credit equity investments $ 1,812 $ 603 Other unconsolidated investments 161 159 Total assets (maximum loss exposure) (1) $ 1,973 $ 762 Liabilities for commitments to tax credit investments (2) $ 926 $ 295 (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.

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
Other Assets (Tables)	Jun. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	Other Assets dollars in millions June 30, 2023 December 31, 2022 Affordable housing tax credit and other unconsolidated investments (1) $ 2,010 $ 762 Right of use assets for operating leases, net 360 345 Pension assets 359 343 Accrued interest receivable 732 329 Income tax receivable 208 275 Federal Home Loan Bank stock 119 197 Fair value of derivative financial instruments 758 159 Bank-owned life insurance 104 586 Counterparty receivables 113 98 Nonmarketable equity securities 58 58 Other real estate owned 62 47 Mortgage servicing rights 25 25 Other (2) 861 1,145 Total other assets $ 5,769 $ 4,369 (1) Refer to Note 8 — Variable Interest Entities for additional information. (2) The balance at December 31, 2022 included $607 million in “Other” related to bank-owned life insurance policies that had terminated, but not cash-settled. These items cash-settled during 2023.

Deposits (Tables)

Deposits (Tables)	6 Months Ended
Deposits (Tables)	Jun. 30, 2023
Statistical Disclosure for Banks [Abstract]
Schedule of Deposit Liabilities Type	The following table provides detail on deposit types. The deposit balances as of June 30, 2023 include those acquired in the SVBB Acquisition, as described in Note 2 — Business Combinations. Deposit Types dollars in millions June 30, 2023 December 31, 2022 Noninterest-bearing demand $ 44,547 $ 24,922 Checking with interest 24,809 16,202 Money market 29,149 21,040 Savings 26,389 16,634 Time 16,270 10,610 Total deposits $ 141,164 $ 89,408
Schedule of Time Deposit Maturities	At June 30, 2023, the scheduled maturities of time deposits were: Deposit Maturities dollars in millions Twelve months ended June 30, 2024 $ 13,744 2025 2,042 2026 286 2027 50 2028 23 Thereafter 125 Total time deposits $ 16,270

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
Borrowings (Tables)	Jun. 30, 2023
Debt Disclosure [Abstract]
Schedule of Short-term Borrowings	Short-term borrowings at June 30, 2023 and December 31, 2022 include: dollars in millions June 30, 2023 December 31, 2022 Securities sold under customer repurchase agreements $ 454 $ 436 Notes payable to FHLB of Atlanta at overnight SOFR plus 0.28%. — 1,750 Total short-term borrowings $ 454 $ 2,186
Schedule of Long-term Borrowings	Long-term borrowings at June 30, 2023 and December 31, 2022 include: Long-term Borrowings dollars in millions Maturity June 30, 2023 December 31, 2022 Parent Company: Senior: Senior unsecured fixed line of credit at 3.722% September 2023 $ 15 $ — Subordinated: Fixed-to-Floating subordinated notes at 3.375% March 2030 350 350 Junior subordinated debentures at 3-month LIBOR plus 2.25% (FCB/SC Capital Trust II) June 2034 20 20 Junior subordinated debentures at 3-month LIBOR plus 1.75% (FCB/NC Capital Trust III) June 2036 88 88 Subsidiaries: Senior: Senior unsecured fixed-to-floating rate notes at 3.929% June 2024 — 500 Senior unsecured fixed-to-floating rate notes at 2.969% September 2025 315 315 Fixed senior unsecured notes at 6.00% April 2036 51 51 Subordinated: Fixed subordinated notes at 6.125% March 2028 400 400 Fixed-to-Fixed subordinated notes at 4.125% November 2029 100 100 Junior subordinated debentures at 3-month LIBOR plus 2.80% (Macon Capital Trust I) March 2034 14 14 Junior subordinated debentures at 3-month LIBOR plus 2.85% (SCB Capital Trust I) April 2034 10 10 Secured: Notes payable to FHLB of Atlanta at overnight SOFR plus spreads ranging from 0.32% to 0.36%. Maturities through September 2025 2,425 2,500 Purchase Money Note to FDIC fixed at 3.50% (1) March 2028 36,072 — Other secured financings Maturities through January 2024 — 18 Capital lease obligations Maturities through June 2027 6 7 Unamortized issuance costs (1) (1) Unamortized purchase accounting adjustments (2) (180) 87 Total long-term borrowings $ 39,685 $ 4,459 (1) Issued in connection with the SVBB Acquisition and will be secured by acquired loans. See below and Note 2 — Business Combinations for further information. (2) At June 30, 2023 a nd December 31, 2022, unamortized purchase accounting adjustments were $62 million and $69 million, respectively, for subordinated debentures.

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
Derivative Financial Instruments (Tables)	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments, Offsetting Assets	The following table presents notional amount and fair value of derivative financial instruments on a gross basis. At June 30, 2023, and December 31, 2022 BancShares’ derivatives are not designated as hedging instruments. Notional Amount and Fair Value of Derivative Financial Instruments dollars in millions June 30, 2023 December 31, 2022 Notional Amount Asset Fair Value Liability Fair Value Notional Amount Asset Fair Value Liability Fair Value Derivatives not designated as hedging instruments (Non-qualifying hedges) Interest rate contracts (1) (4) $ 24,597 $ 553 $ (624) $ 18,173 $ 158 $ (482) Foreign exchange contracts (2) 12,847 203 (200) 125 1 (4) Other contracts (3) 826 2 (1) 507 — — Total derivatives not designated as hedging instruments $ 38,270 758 (825) $ 18,805 159 (486) Gross derivatives fair values presented in the Consolidated Balance Sheets 758 (825) 159 (486) Less: Gross amounts offset in the Consolidated Balance Sheets — — — — Net amount presented in the Consolidated Balance Sheets 758 (825) 159 (486) Less: Amounts subject to master netting agreements (5) (110) 110 (13) 13 Less: Cash collateral pledged(received) subject to master netting agreements (6) (533) 39 (124) — Total net derivative fair value $ 115 $ (676) $ 22 $ (473) (1) Fair value balances include accrued interest. (2) The foreign exchange contracts exclude foreign exchange spot contracts. The notional amounts of these contracts were $161 million as of June 30, 2023, and $0 million as of December 31, 2022. (3) Other derivative contracts not designated as hedging instruments include risk participation agreements and equity warrants. (4) BancShares accounts for swap contracts cleared by the Chicago Mercantile Exchange and LCH Clearnet as “settled-to-market”. As a result, variation margin payments are characterized as settlement of the derivative exposure and variation margin balances are netted against the corresponding derivative mark-to-market balances. Gross amounts of recognized assets and liabilities were lowered by $154 million and $33 million, respectively, at June 30, 2023, and $376 million and $19 million, respectively at December 31, 2022. (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 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 other liabilities, respectively.
Schedule of Derivative Instruments, Offsetting Liabilities	The following table presents notional amount and fair value of derivative financial instruments on a gross basis. At June 30, 2023, and December 31, 2022 BancShares’ derivatives are not designated as hedging instruments. Notional Amount and Fair Value of Derivative Financial Instruments dollars in millions June 30, 2023 December 31, 2022 Notional Amount Asset Fair Value Liability Fair Value Notional Amount Asset Fair Value Liability Fair Value Derivatives not designated as hedging instruments (Non-qualifying hedges) Interest rate contracts (1) (4) $ 24,597 $ 553 $ (624) $ 18,173 $ 158 $ (482) Foreign exchange contracts (2) 12,847 203 (200) 125 1 (4) Other contracts (3) 826 2 (1) 507 — — Total derivatives not designated as hedging instruments $ 38,270 758 (825) $ 18,805 159 (486) Gross derivatives fair values presented in the Consolidated Balance Sheets 758 (825) 159 (486) Less: Gross amounts offset in the Consolidated Balance Sheets — — — — Net amount presented in the Consolidated Balance Sheets 758 (825) 159 (486) Less: Amounts subject to master netting agreements (5) (110) 110 (13) 13 Less: Cash collateral pledged(received) subject to master netting agreements (6) (533) 39 (124) — Total net derivative fair value $ 115 $ (676) $ 22 $ (473) (1) Fair value balances include accrued interest. (2) The foreign exchange contracts exclude foreign exchange spot contracts. The notional amounts of these contracts were $161 million as of June 30, 2023, and $0 million as of December 31, 2022. (3) Other derivative contracts not designated as hedging instruments include risk participation agreements and equity warrants. (4) BancShares accounts for swap contracts cleared by the Chicago Mercantile Exchange and LCH Clearnet as “settled-to-market”. As a result, variation margin payments are characterized as settlement of the derivative exposure and variation margin balances are netted against the corresponding derivative mark-to-market balances. Gross amounts of recognized assets and liabilities were lowered by $154 million and $33 million, respectively, at June 30, 2023, and $376 million and $19 million, respectively at December 31, 2022. (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 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 other liabilities, respectively.
Schedule of Non-Qualifying Hedges	The following table presents gains of non-qualifying hedges recognized on the Consolidated Statements of Income: Gains on Non-Qualifying Hedges dollars in millions Three Months Ended June 30, Six Months Ended June 30, Amounts Recognized 2023 2022 2023 2022 Interest rate contracts Other noninterest income $ 8 $ 2 $ 29 $ 6 Foreign currency forward contracts Other noninterest income 1 6 (1) 6 Total non-qualifying hedges - income statement impact $ 9 $ 8 $ 28 $ 12

Other Liabilities (Tables)

Other Liabilities (Tables)	6 Months Ended
Other Liabilities (Tables)	Jun. 30, 2023
Other Liabilities Disclosure [Abstract]
Schedule of Other Liabilities	Other Liabilities dollars in millions June 30, 2023 December 31, 2022 Fair value of derivative financial instruments $ 825 $ 486 Lease liabilities 368 352 Accrued expenses and accounts payable 391 275 Commitments to fund tax credit investments 926 295 Deferred taxes 3,147 286 ACL for unfunded commitments 335 106 Incentive plan liabilities 369 267 Accrued interest payable 121 57 Other 879 464 Total other liabilities $ 7,361 $ 2,588

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
Fair Value (Tables)	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table summarizes BancShares’ assets and liabilities measured at estimated fair value on a recurring basis: Assets and Liabilities Measured at Fair Value - Recurring Basis dollars in millions June 30, 2023 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 4,634 $ — $ 4,634 $ — Government agency 140 — 140 — Residential mortgage-backed securities 4,810 — 4,810 — Commercial mortgage-backed securities 1,577 — 1,577 — Corporate bonds 476 — 325 151 Municipal bonds 257 — 257 — Total investment securities available for sale $ 11,894 $ — $ 11,743 $ 151 Marketable equity securities 76 24 52 — Loans held for sale 42 — 42 — Derivative assets (1) Interest rate contracts — non-qualifying hedges $ 553 $ — $ 552 $ 1 Foreign exchange contracts — non-qualifying hedges 203 — 203 — Other derivative contracts — non-qualifying hedges 2 — — 2 Total derivative assets $ 758 $ — $ 755 $ 3 Liabilities Derivative liabilities (1) Interest rate contracts — non-qualifying hedges $ 624 $ — $ 624 $ — Foreign exchange contracts — non-qualifying hedges 200 — 200 — Other derivative contracts — non-qualifying hedges 1 — — 1 Total derivative liabilities $ 825 $ — $ 824 $ 1 December 31, 2022 Total Level 1 Level 2 Level 3 Assets Investment securities available for sale U.S. Treasury $ 1,898 $ — $ 1,898 $ — Government agency 162 — 162 — Residential mortgage-backed securities 4,795 — 4,795 — Commercial mortgage-backed securities 1,604 — 1,604 — Corporate bonds 536 — 362 174 Municipal bonds — — — — Total investment securities available for sale $ 8,995 $ — $ 8,821 $ 174 Marketable equity securities 95 32 63 — Loans held for sale 4 — 4 — Derivative assets (1) Interest rate contracts — non-qualifying hedges $ 158 $ — $ 158 $ — Foreign exchange contracts — non-qualifying hedges 1 — 1 — Other derivative contracts — non-qualifying hedges — — — — Total derivative assets $ 159 $ — $ 159 $ — Liabilities Derivative liabilities (1) Interest rate contracts — non-qualifying hedges $ 482 $ — $ 482 $ — Foreign exchange contracts — non-qualifying hedges 4 — 4 — Other derivative contracts — non-qualifying hedges — — — — Total derivative liabilities $ 486 $ — $ 486 $ —
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 Valuation Significant Unobservable Inputs June 30, 2023 Assets Corporate bonds $ 151 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 $ 3 Internal valuation model Not material Liabilities Interest rate & other derivative — non-qualifying hedges $ 1 Internal valuation model Not material December 31, 2022 Assets Corporate bonds $ 174 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.
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 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 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 $ 174 $ — $ — $ 207 $ — $ — Purchases — — — — — 1 Changes in FV included in earnings — 3 — — 1 (1) Changes in FV included in comprehensive income (14) — — (13) — — Transfers in — — 1 — — — Transfers out — — — (14) — — Maturity and settlements (9) — — — — — Ending balance $ 151 $ 3 $ 1 $ 180 $ 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 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 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 $ 174 $ — $ — $ 207 $ — $ — Purchases — — — — — 1 Changes in FV included in earnings — 3 — — 1 (1) Changes in FV included in comprehensive income (14) — — (13) — — Transfers in — — 1 — — — Transfers out — — — (14) — — Maturity and settlements (9) — — — — — Ending balance $ 151 $ 3 $ 1 $ 180 $ 1 $ —
Schedule of Fair Value Option	The following table summarizes the difference between the aggregate fair value and the UPB for residential real estate loans originated for sale measured at fair value as of June 30, 2023 and December 31, 2022: Aggregate Fair Value and UPB - Residential Real Estate Loans dollars in millions June 30, 2023 Fair Value Unpaid Principal Balance Difference Originated loans held for sale $ 42 $ 42 $ — December 31, 2022 Fair Value Unpaid Principal Balance Difference Originated loans held for sale $ 4 $ 4 $ —
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) June 30, 2023 Assets held for sale - loans $ 13 $ — $ — $ 13 $ (6) Loans - collateral dependent loans 199 — — 199 (71) Other real estate owned 26 — — 26 2 Total $ 238 $ — $ — $ 238 $ (75) December 31, 2022 Assets held for sale - loans $ 23 $ — $ — $ 23 $ (1) Loans - collateral dependent loans 149 — — 149 (24) Other real estate owned 43 — — 43 14 Mortgage servicing rights — — — — 1 Total $ 215 $ — $ — $ 215 $ (10)
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 June 30, 2023 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 917 $ 917 $ — $ — $ 917 Interest earning deposits at banks 37,846 37,846 — — 37,846 Securities purchased under agreements to resell 298 — 298 — 298 Investment in marketable equity securities 76 24 52 — 76 Investment securities available for sale 11,894 — 11,743 151 11,894 Investment securities held to maturity 10,201 — 8,652 — 8,652 Loans held for sale 115 — 42 73 115 Net loans 129,288 — 1,552 125,261 126,813 Accrued interest receivable 732 — 732 — 732 Federal Home Loan Bank stock 119 — 119 — 119 Mortgage servicing rights 25 — — 47 47 Derivative assets 758 — 755 3 758 Financial Liabilities Deposits with no stated maturity 124,894 — 124,894 — 124,894 Time deposits 16,270 — 16,220 — 16,220 Credit balances of factoring clients 1,067 — — 1,067 1,067 Securities sold under customer repurchase agreements 454 — 454 — 454 Long-term borrowings 39,679 — 39,011 — 39,011 Accrued interest payable 121 — 121 — 121 Derivative liabilities 825 — 824 1 825 December 31, 2022 Estimated Fair Value Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and due from banks $ 518 $ 518 $ — $ — $ 518 Interest earning deposits at banks 5,025 5,025 — — 5,025 Investment in marketable equity securities 95 32 63 — 95 Investment securities available for sale 8,995 — 8,821 174 8,995 Investment securities held to maturity 10,279 — 8,795 — 8,795 Loans held for sale 52 — 4 45 49 Net loans 67,720 — 1,679 62,633 64,312 Accrued interest receivable 329 — 329 — 329 Federal Home Loan Bank stock 197 — 197 — 197 Mortgage servicing rights 25 — — 47 47 Derivative assets 159 — 159 — 159 Financial Liabilities Deposits with no stated maturity 78,798 — 78,798 — 78,798 Time deposits 10,610 — 10,504 — 10,504 Credit balances of factoring clients 995 — — 995 995 Securities sold under customer repurchase agreements 436 — 436 — 436 Other short-term borrowings 1,750 — 1,750 — 1,750 Long-term borrowings 4,452 — 4,312 18 4,330 Accrued interest payable 57 — 57 — 57 Derivative liabilities 486 — 486 — 486

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
Stockholders' Equity (Tables)	Jun. 30, 2023
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 Outstanding Class A Class B Common stock - March 31, 2023 13,514,808 1,005,185 Restricted stock units vested, net of shares held to cover taxes 41 — Common stock - June 30, 2023 13,514,849 1,005,185 Common stock - December 31, 2022 13,501,017 1,005,185 Restricted stock units vested, net of shares held to cover taxes 13,832 — Common stock - June 30, 2023 13,514,849 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 Issued and Outstanding Liquidation Preference Per Share Total Liquidation Preference Dividend Dividend Payment Dates Series A March 12, 2020 March 15, 2025 $ 0.01 345,000 $ 1,000 345 5.375% Quarterly in arrears on March 15, June 15, September 15, and December 15 Series B (1) January 3, 2022 January 4, 2027 $ 0.01 325,000 $ 1,000 325 LIBOR + 3.792% Series C January 3, 2022 January 4, 2027 $ 0.01 8,000,000 $ 25 200 5.625% (1) Beginning July 1, 2023, BancShares has moved to Term SOFR plus a credit spread adjustment for its Series B Preferred Stock. The final dividend payment based on a LIBOR accrual will occur September 15, 2023.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss) Income (Tables)	6 Months Ended
Accumulated Other Comprehensive (Loss) Income (Tables)	Jun. 30, 2023
Equity [Abstract]
Schedule of Accumulated Other Comprehensive (Loss) Income	The following table details the components of Accumulated Other Comprehensive (Loss) Income (“AOCI”): Components of Accumulated Other Comprehensive (Loss) Income dollars in millions June 30, 2023 December 31, 2022 Pretax Income Net of Income Taxes Pretax Income Net of Income Taxes Unrealized loss on securities available for sale $ (1,029) $ 248 $ (781) $ (972) $ 233 $ (739) Unrealized loss on securities available for sale transferred to held to maturity (7) 2 (5) (8) 2 (6) Defined benefit pension items 18 (4) 14 13 (3) 10 Total accumulated other comprehensive loss $ (1,018) $ 246 $ (772) $ (967) $ 232 $ (735) 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) gain on securities available for sale Unrealized (loss) gain on securities available for sale transferred to held to maturity Net change in defined benefit pension items Total accumulated other comprehensive (loss) income Balance as of December 31, 2022 $ (739) $ (6) $ 10 $ (735) AOCI activity before reclassifications (54) — 4 (50) Amounts reclassified from AOCI to earnings 12 1 — 13 Other comprehensive (loss) income for the period (42) 1 4 (37) Balance as of June 30, 2023 $ (781) $ (5) $ 14 $ (772) Balance as of December 31, 2021 $ (9) $ (7) $ 26 $ 10 AOCI activity before reclassifications (481) — — (481) Amounts reclassified from AOCI to earnings — 1 5 6 Other comprehensive (loss) income for the period (481) 1 5 (475) Balance as of June 30, 2022 $ (490) $ (6) $ 31 $ (465) Other Comprehensive Income (Loss) by Component dollars in millions Three Months Ended June 30, 2023 2022 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 $ (134) $ 35 $ (99) $ (216) $ 53 $ (163) Amounts reclassified from AOCI to earnings $ (1) $ — $ (1) $ — $ — $ — Provision for credit losses Other comprehensive loss on securities available for sale $ (135) $ 35 $ (100) $ (216) $ 53 $ (163) Unrealized loss on securities available for sale transferred to held to maturity: AOCI activity before reclassifications $ — $ — $ — $ — $ — $ — Amounts reclassified from AOCI to earnings 1 — 1 — — — Interest on investment securities Other comprehensive income on securities available for sale transferred to held to maturity $ 1 $ — $ 1 $ — $ — $ — Defined benefit pension items: Actuarial loss $ (5) $ 1 $ (4) $ — $ — $ — Amounts reclassified from AOCI to earnings — — — 4 (1) 3 Other noninterest expense Other comprehensive (loss) income for defined benefit pension items $ (5) $ 1 $ (4) $ 4 $ (1) $ 3 Total other comprehensive loss $ (139) $ 36 $ (103) $ (212) $ 52 $ (160) dollars in millions Six Months Ended June 30, 2023 2022 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 $ (74) $ 20 $ (54) $ (635) $ 154 $ (481) Amounts reclassified from AOCI to earnings $ 17 $ (5) $ 12 $ — $ — $ — $14 realized loss on sales of investment securities available for sale, net; $3 provision for credit losses Other comprehensive loss on securities available for sale $ (57) $ 15 $ (42) $ (635) $ 154 $ (481) Unrealized loss on securities available for sale transferred to held to maturity: AOCI activity before reclassifications $ — $ — $ — $ — $ — $ — 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 loss $ 5 $ (1) $ 4 $ — $ — $ — Amounts reclassified from AOCI to earnings — — — 7 (2) 5 Other noninterest expense Other comprehensive income for defined benefit pension items $ 5 $ (1) $ 4 $ 7 $ (2) $ 5 Total other comprehensive loss $ (51) $ 14 $ (37) $ (627) $ 152 $ (475)

Regulatory Capital (Tables)

Regulatory Capital (Tables)	6 Months Ended
Regulatory Capital (Tables)	Jun. 30, 2023
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 June 30, 2023 December 31, 2022 Basel III Requirements PCA well-capitalized thresholds Amount Ratio Amount Ratio BancShares Total risk-based capital 10.50 % 10.00 % $ 22,504 15.84 % $ 11,799 13.18 % Tier 1 risk-based capital 8.50 8.00 19,898 14.00 9,902 11.06 Common equity Tier 1 7.00 6.50 19,017 13.38 9,021 10.08 Tier 1 leverage 4.00 5.00 19,898 9.50 9,902 8.99 FCB Total risk-based capital 10.50 % 10.00 % $ 22,292 15.69 % $ 11,627 12.99 % Tier 1 risk-based capital 8.50 8.00 20,142 14.18 10,186 11.38 Common equity Tier 1 7.00 6.50 20,142 14.18 10,186 11.38 Tier 1 leverage 4.00 5.00 20,142 9.62 10,186 9.25

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
Earnings Per Common Share (Tables)	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the computation of the basic and diluted earnings per common share: Earnings per Common Share dollars in millions, except per share data Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Net income $ 682 $ 255 $ 10,200 $ 526 Preferred stock dividends 15 17 29 24 Net income available to common stockholders $ 667 $ 238 $ 10,171 $ 502 Weighted average common shares outstanding Basic shares outstanding 14,528,134 16,023,613 14,527,417 15,918,978 Stock-based awards 9,804 11,477 11,759 18,848 Diluted shares outstanding 14,537,938 16,035,090 14,539,176 15,937,826 Earnings per common share Basic $ 45.90 $ 14.87 $ 700.10 $ 31.52 Diluted $ 45.87 $ 14.86 $ 699.53 $ 31.48

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
Employee Benefit Plans (Tables)	Jun. 30, 2023
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs	The components of net periodic benefit cost are as follows: dollars in millions Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Service cost $ 3 $ 4 $ 5 $ 7 Interest cost 15 11 30 22 Expected return on assets (22) (22) (43) (44) Amortization of prior service cost — — — — Amortization of net actuarial loss — 3 — 6 Net periodic benefit $ (4) $ (4) $ (8) $ (9)

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
Business Segment Information (Tables)	Jun. 30, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table presents the condensed income statement by segment: dollars in millions Three Months Ended June 30, 2023 General Banking Commercial Banking Silicon Valley Banking Rail Corporate Total BancShares Net interest income (expense) $ 603 $ 258 $ 635 $ (33) $ 498 $ 1,961 Provision (benefit) for credit losses 29 170 (47) — (1) 151 Net interest income (expense) after provision for credit losses 574 88 682 (33) 499 1,810 Noninterest income 119 139 169 178 53 658 Noninterest expense 393 188 592 121 278 1,572 Income before income taxes 300 39 259 24 274 896 Income tax expense 73 11 70 6 54 214 Net income $ 227 $ 28 $ 189 $ 18 $ 220 $ 682 Select Period End Balances Loans and leases $ 44,719 $ 29,433 $ 58,799 $ 64 $ — $ 133,015 Deposits 95,323 3,064 40,860 11 1,906 141,164 Operating lease equipment, net — 741 — 7,790 — 8,531 Three Months Ended June 30, 2022 General Banking Commercial Banking Silicon Valley Banking Rail Corporate Total BancShares Net interest income (expense) $ 467 $ 204 $ — $ (18) $ 47 $ 700 Provision for credit losses 7 35 — — — 42 Net interest income (expense) after provision for credit losses 460 169 — (18) 47 658 Noninterest income 125 130 — 160 9 424 Noninterest expense 390 180 — 111 64 745 Income (loss) before income taxes 195 119 — 31 (8) 337 Income tax expense 40 24 — 7 11 82 Net income (loss) $ 155 $ 95 $ — $ 24 $ (19) $ 255 Select Period End Balances Loans and leases $ 40,159 $ 27,505 $ — $ 71 $ — $ 67,735 Deposits 83,518 4,466 — 11 1,334 89,329 Operating lease equipment, net — 724 — 7,247 — 7,971 Six Months Ended June 30, 2023 General Banking Commercial Banking Silicon Valley Banking Rail Corporate Total BancShares Net interest income (expense) $ 1,163 $ 498 $ 700 $ (61) $ 511 $ 2,811 Provision (benefit) for credit losses 43 219 (47) — 719 934 Net interest income (expense) after provision for credit losses 1,120 279 747 (61) (208) 1,877 Noninterest income 235 282 183 355 9,862 10,917 Noninterest expense 788 399 625 241 374 2,427 Income before income taxes 567 162 305 53 9,280 10,367 Income tax expense (benefit) 138 40 81 13 (105) 167 Net income $ 429 $ 122 $ 224 $ 40 $ 9,385 $ 10,200 Six Months Ended June 30, 2022 General Banking Commercial Banking Silicon Valley Banking Rail Corporate Total BancShares Net interest income (expense) $ 904 $ 411 $ — $ (37) $ 71 $ 1,349 (Benefit) provision for credit losses (8) 1 — — 513 506 Net interest income (expense) after provision for credit losses 912 410 — (37) (442) 843 Noninterest income 248 242 — 322 462 1,274 Noninterest expense 799 371 — 211 174 1,555 Income (loss) before income taxes 361 281 — 74 (154) 562 Income tax expense (benefit) 80 65 — 18 (127) 36 Net income (loss) $ 281 $ 216 $ — $ 56 $ (27) $ 526

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
Commitments and Contingencies (Tables)	Jun. 30, 2023
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 June 30, 2023 December 31, 2022 Financing Commitments Financing assets (excluding leases) $ 69,292 $ 23,452 Letters of Credit Standby letters of credit 3,090 436 Other letters of credit 107 44 Deferred Purchase Agreements 1,531 2,039 Purchase and Funding Commitments (1) 672 941 (1) BancShares’ purchase and funding commitments relate to the equipment leasing businesses’ commitments to fund finance leases and operating leases, and Rail’s railcar manufacturer purchase and upgrade commitments.

Significant Accounting Polici_3

Significant Accounting Policies and Basis of Presentation (Details)	Jun. 30, 2023 loan
Accounting Policies [Abstract]
Number of branches (more than)	560
Number of states in which entity operates	23

Business Combinations - Narrati

Business Combinations - Narrative (Details) $ / shares in Units, $ in Millions				3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) $ / shares	Mar. 27, 2023 USD ($) $ / shares	Jan. 03, 2022 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) $ / shares	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) $ / shares	Jun. 30, 2022 USD ($)	Dec. 31, 2022 $ / shares
Business Acquisition [Line Items]
Net interest income				$ 1,961	$ 700	$ 2,811	$ 1,349
Noninterest income				658	424	10,917	1,274
Net income				682	255	10,200	526
Gain on acquisition				55	0	9,879	431
Operating Segments \| Silicon Valley Banking
Business Acquisition [Line Items]
Net interest income				635	0	700	0
Noninterest income				169	0	183	0
Net income				189	$ 0	$ 224	$ 0
SVB
Business Acquisition [Line Items]
Additional net assets acquired				702
Total assets acquired		$ 107,255
Loans and leases		68,460
Cash and interest-earning deposits at banks		35,310
Total liabilities assumed		61,068
Deposits		55,899
Assets acquired, discount		16,450
Business combination, consideration transferred, liabilities incurred	$ 35,808	35,808
Cash settled value appreciation instrument issued and issuable, base amount		$ 5
Number of trading days		2 days
Cash settled value appreciation instrument, threshold amount \| $ / shares		$ 582.55
Cash settled value appreciation instrument, maximum amount		$ 500
Payment to acquire business, value appreciation instrument exercised		500
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
Share-Loss Agreement, true-up payment term		45 days
True-up amount		$ 1,500
Preliminary gain on acquisition, after income taxes, period increase				$ 55
Preliminary gain on acquisition, after income taxes	$ 9,880	9,879
UPB		71,287
Purchase accounting adjustment of discount		(2,310)
Gain on acquisition		13,156
SVB \| Non-PCD
Business Acquisition [Line Items]
Loans and leases acquired, FV		66,420
UPB		$ 68,729
SVB \| FDIC Credit Facility
Business Acquisition [Line Items]
Debt instrument, term		5 years
FDIC advances, maximum amount available		$ 70,000
FHLB, advances, interest rate		0%
SVB \| Secured Debt \| FDIC Credit Facility \| Secured Overnight Financing Rate (SOFR)
Business Acquisition [Line Items]
Basis spread on variable rate		0.25%
SVB \| Purchase Money Note \| Secured Debt
Business Acquisition [Line Items]
Debt instrument, term		5 years
Business combination, consideration transferred, liabilities incurred		$ 36,000
Debt instrument, stated interest rate		3.50%
CIT Group Inc.
Business Acquisition [Line Items]
Total assets acquired			$ 53,775
Loans and leases			32,714
Cash and interest-earning deposits at banks			3,060
Total liabilities assumed			47,392
Deposits			39,428
Gain on acquisition			$ 431
Class A Common Stock
Business Acquisition [Line Items]
Common stock, par value (in dollars per share) \| $ / shares	$ 1			$ 1		$ 1		$ 1
Class A Common Stock \| CIT Group Inc.
Business Acquisition [Line Items]
Common stock, terms of conversion, conversion ratio			0.062
Business acquisition, equity interest Issued or issuable (in shares) \| shares			6,140,010
CIT Group Inc.
Business Acquisition [Line Items]
Common stock, par value (in dollars per share) \| $ / shares			$ 0.01

Business Combinations - Schedul

Business Combinations - Schedule of Business Acquisitions - SVBB Acquisition (Details) - USD ($) $ in Millions			3 Months Ended		6 Months Ended
	Jun. 30, 2023	Mar. 27, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Liabilities
Gain on acquisition			$ 55	$ 0	$ 9,879	$ 431
SVB
Purchase price consideration
Purchase Money Note	$ 35,808	$ 35,808
Value Appreciation Instrument		500
Purchase price consideration		36,308
Assets
Cash and interest-earning deposits at banks		1,379
Interest-earning deposits at banks		33,932
Investment securities		385
Loans and leases		68,460
Affordable housing tax credit investments		1,273
Premises and equipment		310
Other assets		1,286
Total assets acquired		107,255
Liabilities
Deposits		55,899
Borrowings		10
Deferred tax liabilities	3,280	3,277	$ 3,280		$ 3,280
Other liabilities		1,882
Total liabilities assumed		61,068
Fair value of net assets acquired		46,187
Preliminary gain on acquisition, after income taxes	$ 9,880	9,879
Gain on acquisition		13,156
Book value of net assets acquired		52,522
Business combination asset acquired, discount		16,450
Purchase Money Note, fair value discount		264
SVB \| Core Deposits
Assets
Core deposit intangibles		$ 230

Business Combinations - Sched_2

Business Combinations - Schedule of Unpaid Balance and Fair Value of the Acquired Loan Portfolio (Details) - SVB $ in Millions	Mar. 27, 2023 USD ($)
Business Acquisition [Line Items]
UPB	$ 71,287
Loans and Leases, FV	68,460
Non-PCD
Business Acquisition [Line Items]
UPB	68,729
Loans and Leases, FV	66,424
PCD
Business Acquisition [Line Items]
UPB	2,558
Loans and Leases, FV	$ 2,036

Business Combinations - Sched_3

Business Combinations - Schedule of PCD Loans and Leases Acquired (Details) - SVB $ in Millions	Mar. 27, 2023 USD ($)
Business Acquisition [Line Items]
UPB	$ 71,287
Fair value	68,460
PCD
Business Acquisition [Line Items]
UPB	2,558
Fair value	2,036
Fair value discount	522
PCD gross-up	(220)
Non-credit discount	$ 302

Business Combinations - Sched_4

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

Business Combinations - Sched_5

Business Combinations - Schedule of Other Assets Acquired (Details) - SVB $ in Millions	Mar. 27, 2023 USD ($)
Business Acquisition [Line Items]
Accrued interest receivable	$ 428
Federal Home Loan Bank stock / Federal Reserve Bank stock	320
Fair value of derivative financial instruments, net	197
Other	341
Total other assets	$ 1,286

Business Combinations - Sched_6

Business Combinations - Schedule of Other Liabilities Assumed (Details) - SVB $ in Millions	Mar. 27, 2023 USD ($)
Business Acquisition [Line Items]
Commitments to fund tax credit investments	$ 715
Fair value of derivative financial instruments, net	336
Accrued expenses and accounts payable	262
Reserve for off-balance sheet credit exposures	253
Accrued interest payable	113
Other	203
Other liabilities	$ 1,882

Business Combinations - Sched_7

Business Combinations - Schedule of Business Acquisitions - CIT Acquisition (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended		6 Months Ended
	Jan. 03, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Liabilities
Gain on acquisition		$ 55	$ 0	$ 9,879	$ 431
CIT Group Inc.
Business Acquisition [Line Items]
Stock-based compensation consideration	$ 81
Cash in lieu of fractional shares and other consideration paid	51
Purchase price consideration	5,952
Assets
Cash and interest-earning deposits at banks	3,060
Investment securities	6,561
Assets held for sale	59
Loans and leases	32,714
Operating lease equipment	7,838
Bank-owned life insurance	1,202
Core deposit intangibles	143
Other assets	2,198
Total assets acquired	53,775
Liabilities
Deposits	39,428
Borrowings	4,536
Credit balances of factoring clients	1,534
Other liabilities	1,894
Total liabilities assumed	47,392
Fair value of net assets acquired	6,383
Gain on acquisition	$ 431
CIT Group Inc. \| Class A Common Stock, Par Value $1
Business Acquisition [Line Items]
Shares of BancShares Class A common stock issued (in shares)	6,140,010
Price per share on January 3, 2022 (in dollars per share)	$ 859.76
Value Appreciation Instrument	$ 5,279
CIT Group Inc. \| Preferred Stock
Business Acquisition [Line Items]
Value Appreciation Instrument	$ 541

Investment Securities - Schedul

Investment Securities - Schedule of Amortized Cost and Fair Value of Investment Securities (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Investment securities available for sale
Investment securities available for sale, cost	$ 12,923	$ 9,967
Investment securities available for sale, gross unrealized gains	0	1
Investment securities available for sale, gross unrealized losses	(1,029)	(973)
Investment securities available for sale	11,894	8,995
Investment in marketable equity securities
Investment in marketable equity securities at cost	75	75
Investment in marketable equity, gross unrealized gains	10	21
Investment in marketable equity, gross unrealized losses	(9)	(1)
Investment in marketable equity, fair value	76	95
Investment securities held to maturity
Investment securities held to maturity, cost	10,201	10,279
Investment securities held to maturity, gross unrealized gains	0	0
Investment securities held to maturity, gross unrealized losses	(1,549)	(1,484)
Investment securities held to maturity, cost, fair value	8,652	8,795
Investments, Fair Value Disclosure [Abstract]
Total investment securities, amortized cost	23,199	20,321
Total investment securities, gross unrealized gains	10	22
Total investment securities, gross unrealized losses	(2,587)	(2,458)
Total investment securities, fair value	20,622	17,885
Investment securities available for sale, allowance for credit loss	3
U.S. Treasury
Investment securities available for sale
Investment securities available for sale, cost	4,763	2,035
Investment securities available for sale, gross unrealized gains	0	0
Investment securities available for sale, gross unrealized losses	(129)	(137)
Investment securities available for sale	4,634	1,898
Investment securities held to maturity
Investment securities held to maturity, cost	476	474
Investment securities held to maturity, gross unrealized gains	0	0
Investment securities held to maturity, gross unrealized losses	(50)	(50)
Investment securities held to maturity, cost, fair value	426	424
Government agency
Investment securities available for sale
Investment securities available for sale, cost	143	164
Investment securities available for sale, gross unrealized gains	0	0
Investment securities available for sale, gross unrealized losses	(3)	(2)
Investment securities available for sale	140	162
Investment securities held to maturity
Investment securities held to maturity, cost	1,502	1,548
Investment securities held to maturity, gross unrealized gains	0	0
Investment securities held to maturity, gross unrealized losses	(174)	(186)
Investment securities held to maturity, cost, fair value	1,328	1,362
Residential mortgage-backed securities
Investment securities available for sale
Investment securities available for sale, cost	5,443	5,424
Investment securities available for sale, gross unrealized gains	0	1
Investment securities available for sale, gross unrealized losses	(633)	(630)
Investment securities available for sale	4,810	4,795
Investment securities held to maturity
Investment securities held to maturity, cost	4,406	4,605
Investment securities held to maturity, gross unrealized gains	0	0
Investment securities held to maturity, gross unrealized losses	(690)	(723)
Investment securities held to maturity, cost, fair value	3,716	3,882
Commercial mortgage-backed securities
Investment securities available for sale
Investment securities available for sale, cost	1,776	1,774
Investment securities available for sale, gross unrealized gains	0	0
Investment securities available for sale, gross unrealized losses	(199)	(170)
Investment securities available for sale	1,577	1,604
Investment securities held to maturity
Investment securities held to maturity, cost	3,518	3,355
Investment securities held to maturity, gross unrealized gains	0	0
Investment securities held to maturity, gross unrealized losses	(595)	(484)
Investment securities held to maturity, cost, fair value	2,923	2,871
Corporate bonds
Investment securities available for sale
Investment securities available for sale, cost	538	570
Investment securities available for sale, gross unrealized gains	0	0
Investment securities available for sale, gross unrealized losses	(62)	(34)
Investment securities available for sale	476	536
Municipal bonds
Investment securities available for sale
Investment securities available for sale, cost	260
Investment securities available for sale, gross unrealized gains	0
Investment securities available for sale, gross unrealized losses	(3)
Investment securities available for sale	257
Supranational securities
Investment securities held to maturity
Investment securities held to maturity, cost	297	295
Investment securities held to maturity, gross unrealized gains	0	0
Investment securities held to maturity, gross unrealized losses	(40)	(41)
Investment securities held to maturity, cost, fair value	257	254
Other
Investment securities held to maturity
Investment securities held to maturity, cost	2	2
Investment securities held to maturity, gross unrealized gains	0	0
Investment securities held to maturity, gross unrealized losses	0	0
Investment securities held to maturity, cost, fair value	$ 2	$ 2

Investment Securities - Narrati

Investment Securities - Narrative (Details) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) security shares	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) security shares	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Schedule of Investments [Line Items]
Debt securities, available-for-sale, accrued Interest	$ 35		$ 35		$ 33
Debt Securities, held-to-maturity, accrued interest	18		18		19
Write off of accrued interest receivable	$ 0	$ 0	$ 0	$ 0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, number of positions \| security	389		389
Investment securities available for sale, allowance for credit loss	$ 3		$ 3
Debt securities, held-to-maturity, threshold period past due	30 days		30 days
Securities past due	$ 10,201		$ 10,201		10,279
Held-to-maturity securities, nonaccrual	0		0		0
Federal Home Loan Bank stock	119		119		197
Nonmarketable equity securities	58		58		58
Amortization method qualified affordable housing project investments	1,810		1,810		598
Provision for credit losses	151	42	934	506
Available-for-Sale Securities
Schedule of Investments [Line Items]
Provision for credit losses	(1)	$ 0	3	$ 0
Total Past Due
Schedule of Investments [Line Items]
Securities past due	0		0		0
Asset Pledged as Collateral
Schedule of Investments [Line Items]
Investment securities, aggregate carrying value, pledged as collateral	$ 4,030		$ 4,030		$ 4,200
Visa, Inc \| Class B Common Stock
Schedule of Investments [Line Items]
Investment owned (in shares) \| shares	354		354
Residential Mortgage Backed Securities or Government Agency Securities
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, number of positions \| security	345		345
Corporate bonds
Schedule of Investments [Line Items]
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, number of positions \| security	44		44

Investment Securities - Sched_2

Investment Securities - Schedule of Investment Securities Maturity Information (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Investment securities available for sale
Non-amortizing securities maturing in one year or less, cost	$ 2,987	$ 37
Non-amortizing securities maturing in after one through five years, cost	1,910	2,068
Non-amortizing securities maturing in after five through 10 years, cost	510	483
Non-amortizing securities maturing in after 10 years, cost	154	17
Investment securities available for sale, cost	12,923	9,967
Non-amortizing securities maturing in one year or less, fair value	2,975	37
Non-amortizing securities maturing in after one through five years, fair value	1,787	1,928
Non-amortizing securities maturing in after five through 10 years, fair value	457	455
Non-amortizing securities maturing in after 10 years, fair value	148	14
Investment securities available for sale, fair value	11,894	8,995
Investment securities held to maturity
Non-amortizing securities maturing in one year or less, cost	2	51
Non-amortizing securities maturing in after one through five years, cost	1,581	1,479
Non-amortizing securities maturing in after five through 10 years, cost	694	789
Investment securities held to maturity, cost	10,201	10,279
Non-amortizing securities maturing in one year or less, fair value	2	51
Non-amortizing securities maturing in after one through five years, fair value	1,426	1,328
Non-amortizing securities maturing in after five through 10 years, fair value	585	663
Investment securities held to maturity, cost, fair value	8,652	8,795
Investment securities available for sale, allowance for credit loss	3
Government agency
Investment securities available for sale
Without single maturity date, cost	143	164
Without single maturity date, fair value	140	162
Residential mortgage-backed securities
Investment securities available for sale
Without single maturity date, cost	5,443	5,424
Without single maturity date, fair value	4,810	4,795
Investment securities held to maturity
Without single maturity date, cost	4,406	4,605
Without single maturity date, fair value	3,716	3,882
Commercial mortgage-backed securities
Investment securities available for sale
Without single maturity date, cost	1,776	1,774
Without single maturity date, fair value	1,577	1,604
Investment securities held to maturity
Without single maturity date, cost	3,518	3,355
Without single maturity date, fair value	$ 2,923	$ 2,871

Investment Securities - Sched_3

Investment Securities - Schedule of Interest and Dividends on Investment Securities (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Investments [Abstract]
Interest income - taxable investment securities	$ 118	$ 89	$ 224	$ 171
Interest income - nontaxable investment securities	2	0	2	0
Dividend income - marketable equity securities	0	0	1	1
Interest on investment securities	$ 120	$ 89	$ 227	$ 172

Investment Securities - Sched_4

Investment Securities - Schedule of Realized Gain (Loss) From Available-for-sale Securities (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Investments [Abstract]
Gross realized gains on sales of investment securities available for sale	$ 0	$ 0	$ 0	$ 0
Gross realized losses on sales of investment securities available for sale	0	0	(14)	0
Net realized losses on sales of investment securities available for sale	$ 0	$ 0	$ (14)	$ 0

Investment Securities - Sched_5

Investment Securities - Schedule of Marketable Equity Securities Gains (Losses) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Investments [Abstract]
Fair value adjustment on marketable equity securities, net	$ (10)	$ (6)	$ (19)	$ (3)

Investment Securities - Sched_6

Investment Securities - Schedule of Unrealized Losses (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Investment securities available for sale:
Investment securities available for sale, less than 12 months, fair value	$ 4,735	$ 3,501
Investment securities available for sale, less than 12 months, unrealized losses	(75)	(276)
Investment securities available for sale, 12 months or more, fair value	7,076	5,347
Investment securities available for sale, 12 months or more, unrealized losses	(954)	(697)
Investment securities available for sale, fair value	11,811	8,848
Investment securities available for sale, unrealized losses	(1,029)	(973)
Investment securities available for sale, allowance for credit loss	3
U.S. Treasury
Investment securities available for sale:
Investment securities available for sale, less than 12 months, fair value	2,760	403
Investment securities available for sale, less than 12 months, unrealized losses	(2)	(27)
Investment securities available for sale, 12 months or more, fair value	1,874	1,495
Investment securities available for sale, 12 months or more, unrealized losses	(127)	(110)
Investment securities available for sale, fair value	4,634	1,898
Investment securities available for sale, unrealized losses	(129)	(137)
Government agency
Investment securities available for sale:
Investment securities available for sale, less than 12 months, fair value	51	65
Investment securities available for sale, less than 12 months, unrealized losses	(1)	(1)
Investment securities available for sale, 12 months or more, fair value	89	62
Investment securities available for sale, 12 months or more, unrealized losses	(2)	(1)
Investment securities available for sale, fair value	140	127
Investment securities available for sale, unrealized losses	(3)	(2)
Residential mortgage-backed securities
Investment securities available for sale:
Investment securities available for sale, less than 12 months, fair value	896	1,698
Investment securities available for sale, less than 12 months, unrealized losses	(33)	(165)
Investment securities available for sale, 12 months or more, fair value	3,854	3,001
Investment securities available for sale, 12 months or more, unrealized losses	(600)	(465)
Investment securities available for sale, fair value	4,750	4,699
Investment securities available for sale, unrealized losses	(633)	(630)
Commercial mortgage-backed securities
Investment securities available for sale:
Investment securities available for sale, less than 12 months, fair value	564	836
Investment securities available for sale, less than 12 months, unrealized losses	(17)	(53)
Investment securities available for sale, 12 months or more, fair value	999	752
Investment securities available for sale, 12 months or more, unrealized losses	(182)	(117)
Investment securities available for sale, fair value	1,563	1,588
Investment securities available for sale, unrealized losses	(199)	(170)
Corporate bonds
Investment securities available for sale:
Investment securities available for sale, less than 12 months, fair value	216	499
Investment securities available for sale, less than 12 months, unrealized losses	(19)	(30)
Investment securities available for sale, 12 months or more, fair value	260	37
Investment securities available for sale, 12 months or more, unrealized losses	(43)	(4)
Investment securities available for sale, fair value	476	536
Investment securities available for sale, unrealized losses	(62)	(34)
Municipal bonds
Investment securities available for sale:
Investment securities available for sale, less than 12 months, fair value	248	0
Investment securities available for sale, less than 12 months, unrealized losses	(3)	0
Investment securities available for sale, 12 months or more, fair value	0	0
Investment securities available for sale, 12 months or more, unrealized losses	0	0
Investment securities available for sale, fair value	248	0
Investment securities available for sale, unrealized losses	$ (3)	$ 0

Loans and Leases - Schedule of

Loans and Leases - Schedule of Loans by Class (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 133,015	$ 70,781	$ 67,735
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	56,169	53,455
Commercial \| Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3,182	2,804
Commercial \| Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14,748	14,473
Commercial \| Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10,733	9,902
Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	25,376	24,105
Commercial \| Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,130	2,171
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18,047	17,326
Consumer \| Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14,065	13,309
Consumer \| Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,900	1,951
Consumer \| Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,425	1,414
Consumer \| Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	657	652
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	58,799	0
SVB \| Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	29,333	0
SVB \| Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,840	0
SVB \| Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,052	0
SVB \| Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8,905	0
SVB \| Private Bank
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9,580	0
SVB \| CRE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,530	0
SVB \| Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 2,559	$ 0

Loans and Leases - Narrative (D

Loans and Leases - Narrative (Details) - USD ($) $ in Millions		3 Months Ended	6 Months Ended
	Mar. 27, 2023	Jun. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Receivables [Abstract]
Financing receivable, accrued interest receivable		$ 601	$ 601	$ 203
Financing receivable, amortization of purchase discount		$ 243	$ 260
Financing receivable, threshold period past due		30 days	30 days
Other real estate owned		$ 64	$ 64	47
Financing receivable, troubled debt restructuring, commitment to lend		$ 12	$ 12	$ 1.5
SVB \| FDIC Credit Facility
Accounts, Notes, Loans and Financing Receivable [Line Items]
Debt instrument, term	5 years
FDIC advances, maximum amount available	$ 70,000

Loans and Leases - Schedule o_2

Loans and Leases - Schedule of Amortized Cost of Loans (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total net unamortized discount	$ 2,478	$ 118
Non-PCD
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred (fees) costs, including unamortized costs and unearned fees on non-PCD loans	(17)	34
Total net unamortized discount	2,202	73
PCD
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total net unamortized discount	$ 276	$ 45

Loans and Leases - Schedule o_3

Loans and Leases - Schedule of Loans and Leases Delinquency Status (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 133,015	$ 70,781	$ 67,735
Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,120	864
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	349	480
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	243	214
90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	528	170
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	131,895	69,917
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	56,169	53,455
Commercial \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	761	685
Commercial \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	174	387
Commercial \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	190	192
Commercial \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	397	106
Commercial \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	55,408	52,770
Commercial \| Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3,182	2,804
Commercial \| Commercial construction \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10	51
Commercial \| Commercial construction \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	50
Commercial \| Commercial construction \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	0
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	3,172	2,753
Commercial \| Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14,748	14,473
Commercial \| Owner occupied commercial mortgage \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	68	59
Commercial \| Owner occupied commercial mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	20	29
Commercial \| Owner occupied commercial mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	5
Commercial \| Owner occupied commercial mortgage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39	25
Commercial \| Owner occupied commercial mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14,680	14,414
Commercial \| Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10,733	9,902
Commercial \| Non-owner occupied commercial mortgage \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	413	231
Commercial \| Non-owner occupied commercial mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	38	76
Commercial \| Non-owner occupied commercial mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	115	144
Commercial \| Non-owner occupied commercial mortgage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	260	11
Commercial \| Non-owner occupied commercial mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10,320	9,671
Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	25,376	24,105
Commercial \| Commercial and industrial \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	205	252
Commercial \| Commercial and industrial \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	84	173
Commercial \| Commercial and industrial \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	38	26
Commercial \| Commercial and industrial \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	83	53
Commercial \| Commercial and industrial \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	25,171	23,853
Commercial \| Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,130	2,171
Commercial \| Leases \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	65	92
Commercial \| Leases \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	32	59
Commercial \| Leases \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	19	17
Commercial \| Leases \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14	16
Commercial \| Leases \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,065	2,079
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	18,047	17,326
Consumer \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	220	179
Consumer \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	136	93
Consumer \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	26	22
Consumer \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	58	64
Consumer \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	17,827	17,147
Consumer \| Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14,065	13,309
Consumer \| Residential mortgage \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	180	141
Consumer \| Residential mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	113	73
Consumer \| Residential mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	21	16
Consumer \| Residential mortgage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	46	52
Consumer \| Residential mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	13,885	13,168
Consumer \| Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,900	1,951
Consumer \| Revolving mortgage \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	22	20
Consumer \| Revolving mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	12	9
Consumer \| Revolving mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	3
Consumer \| Revolving mortgage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8	8
Consumer \| Revolving mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,878	1,931
Consumer \| Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,425	1,414
Consumer \| Consumer auto \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10	9
Consumer \| Consumer auto \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8	7
Consumer \| Consumer auto \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	1
Consumer \| Consumer auto \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	1
Consumer \| Consumer auto \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,415	1,405
Consumer \| Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	657	652
Consumer \| Consumer other \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8	9
Consumer \| Consumer other \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	4
Consumer \| Consumer other \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2	2
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	649	643
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	58,799	0
SVB \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	139
SVB \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39
SVB \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27
SVB \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	73
SVB \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	58,660
SVB \| Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	29,333	0
SVB \| Global fund banking \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	6
SVB \| Global fund banking \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	6
SVB \| Global fund banking \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0
SVB \| Global fund banking \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0
SVB \| Global fund banking \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	29,327
SVB \| Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,840	0
SVB \| Investor dependent - early stage \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27
SVB \| Investor dependent - early stage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3
SVB \| Investor dependent - early stage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3
SVB \| Investor dependent - early stage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	21
SVB \| Investor dependent - early stage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,813
SVB \| Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,052	0
SVB \| Investor dependent - growth stage \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	20
SVB \| Investor dependent - growth stage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0
SVB \| Investor dependent - growth stage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8
SVB \| Investor dependent - growth stage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	12
SVB \| Investor dependent - growth stage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,032
SVB \| Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8,905	0
SVB \| Innovation C&I and cash flow dependent \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	36
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	15
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	2
SVB \| Innovation C&I and cash flow dependent \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	19
SVB \| Innovation C&I and cash flow dependent \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8,869
SVB \| Private Bank
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9,580	0
SVB \| Private Bank \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	36
SVB \| Private Bank \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9
SVB \| Private Bank \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10
SVB \| Private Bank \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	17
SVB \| Private Bank \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9,544
SVB \| CRE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,530	0
SVB \| CRE \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3
SVB \| CRE \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1
SVB \| CRE \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2
SVB \| CRE \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0
SVB \| CRE \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,527
SVB \| Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,559	$ 0
SVB \| Other \| Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	11
SVB \| Other \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5
SVB \| Other \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2
SVB \| Other \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4
SVB \| Other \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 2,548

Loans and Leases - Schedule o_4

Loans and Leases - Schedule of Nonaccrual Status (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	$ 929	$ 627
Loans > 90 Days and Accruing	74	63
Financing receivable, accrued interest reversed to nonaccrual status	5	4
Financing receivable, nonaccrual without allowance for credit loss	74	63
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	622	529
Loans > 90 Days and Accruing	42	50
Commercial \| Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	4	48
Loans > 90 Days and Accruing	0	0
Commercial \| Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	51	41
Loans > 90 Days and Accruing	8	2
Commercial \| Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	318	228
Loans > 90 Days and Accruing	1	0
Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	216	184
Loans > 90 Days and Accruing	30	41
Commercial \| Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	33	28
Loans > 90 Days and Accruing	3	7
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	94	98
Loans > 90 Days and Accruing	10	13
Consumer \| Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	72	75
Loans > 90 Days and Accruing	7	10
Consumer \| Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	17	18
Loans > 90 Days and Accruing	0	0
Consumer \| Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	4	4
Loans > 90 Days and Accruing	0	0
Consumer \| Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	1	1
Loans > 90 Days and Accruing	3	3
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	213	0
Loans > 90 Days and Accruing	22	0
SVB \| Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	0	0
Loans > 90 Days and Accruing	0	0
SVB \| Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	26	0
Loans > 90 Days and Accruing	3	0
SVB \| Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	100	0
Loans > 90 Days and Accruing	0	0
SVB \| Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	43	0
Loans > 90 Days and Accruing	13	0
SVB \| Private Bank
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	29	0
Loans > 90 Days and Accruing	2	0
SVB \| CRE
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	14	0
Loans > 90 Days and Accruing	0	0
SVB \| Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-Accrual Loans	1	0
Loans > 90 Days and Accruing	$ 4	$ 0

Loans and Leases - Schedule o_5

Loans and Leases - Schedule of Loans Disaggregated by Year of Origination and by Risk Rating (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 133,015	$ 70,781	$ 67,735
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	131,895	69,917
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	349	480
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	243	214
90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	528	170
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	8,234	15,142
2022	12,782	10,760
2021	9,997	8,245
2020	7,510	5,860
2019	5,152	3,101
2018 & Prior	6,278	4,449
Revolving	6,211	5,868
Revolving Converted to Term Loans	5	30
Total loans and leases	56,169	53,455
Commercial \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	55,408	52,770
Commercial \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	174	387
Commercial \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	190	192
Commercial \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	397	106
Commercial \| Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	370	1,146
2022	1,320	759
2021	789	529
2020	423	221
2019	130	27
2018 & Prior	65	80
Revolving	85	42
Revolving Converted to Term Loans	0	0
Total loans and leases	3,182	2,804
Commercial \| Commercial construction \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3,172	2,753
Commercial \| Commercial construction \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	50
Commercial \| Commercial construction \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	0
Commercial \| Commercial construction \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1	1
Commercial \| Commercial construction \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	369	1,140
2022	1,260	759
2021	775	511
2020	374	157
2019	99	27
2018 & Prior	60	75
Revolving	85	42
Revolving Converted to Term Loans	0	0
Total loans and leases	3,022	2,711
Commercial \| Commercial construction \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	4
2022	58	0
2021	0	18
2020	49	18
2019	30	0
2018 & Prior	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	137	40
Commercial \| Commercial construction \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1	2
2022	2	0
2021	14	0
2020	0	43
2019	1	0
2018 & Prior	5	5
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	23	50
Commercial \| Commercial construction \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	3
2019	0	0
2018 & Prior	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	3
Commercial \| Commercial construction \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	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]
2023	994	2,830
2022	2,824	3,389
2021	3,332	3,039
2020	2,903	1,886
2019	1,763	1,113
2018 & Prior	2,751	2,031
Revolving	181	185
Revolving Converted to Term Loans	0	0
Total loans and leases	14,748	14,473
Commercial \| Owner occupied commercial mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14,680	14,414
Commercial \| Owner occupied commercial mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	20	29
Commercial \| Owner occupied commercial mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9	5
Commercial \| Owner occupied commercial mortgage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39	25
Commercial \| Owner occupied commercial mortgage \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	981	2,773
2022	2,740	3,328
2021	3,221	2,966
2020	2,808	1,825
2019	1,699	1,048
2018 & Prior	2,497	1,867
Revolving	167	177
Revolving Converted to Term Loans	0	0
Total loans and leases	14,113	13,984
Commercial \| Owner occupied commercial mortgage \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	7	33
2022	49	14
2021	13	32
2020	25	33
2019	21	18
2018 & Prior	69	49
Revolving	8	2
Revolving Converted to Term Loans	0	0
Total loans and leases	192	181
Commercial \| Owner occupied commercial mortgage \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	6	24
2022	35	47
2021	98	41
2020	70	28
2019	43	47
2018 & Prior	185	114
Revolving	6	6
Revolving Converted to Term Loans	0	0
Total loans and leases	443	307
Commercial \| Owner occupied commercial mortgage \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	0	1
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	1
Commercial \| Owner occupied commercial mortgage \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	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]
2023	1,190	2,504
2022	2,577	1,670
2021	1,672	1,931
2020	1,856	1,776
2019	1,658	773
2018 & Prior	1,733	1,199
Revolving	47	49
Revolving Converted to Term Loans	0	0
Total loans and leases	10,733	9,902
Commercial \| Non-owner occupied commercial mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10,320	9,671
Commercial \| Non-owner occupied commercial mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	38	76
Commercial \| Non-owner occupied commercial mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	115	144
Commercial \| Non-owner occupied commercial mortgage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	260	11
Commercial \| Non-owner occupied commercial mortgage \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,182	2,501
2022	2,575	1,658
2021	1,660	1,794
2020	1,669	1,397
2019	1,119	680
2018 & Prior	1,349	933
Revolving	47	48
Revolving Converted to Term Loans	0	0
Total loans and leases	9,601	9,011
Commercial \| Non-owner occupied commercial mortgage \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	7	0
2022	0	1
2021	0	69
2020	95	38
2019	111	35
2018 & Prior	74	10
Revolving	0	1
Revolving Converted to Term Loans	0	0
Total loans and leases	287	154
Commercial \| Non-owner occupied commercial mortgage \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1	3
2022	2	11
2021	12	68
2020	92	324
2019	382	58
2018 & Prior	301	236
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	790	700
Commercial \| Non-owner occupied commercial mortgage \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	17
2019	46	0
2018 & Prior	9	20
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	55	37
Commercial \| Non-owner occupied commercial mortgage \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	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]
2023	5,241	7,889
2022	5,405	4,419
2021	3,776	2,311
2020	2,002	1,739
2019	1,439	1,096
2018 & Prior	1,610	1,029
Revolving	5,898	5,592
Revolving Converted to Term Loans	5	30
Total loans and leases	25,376	24,105
Commercial \| Commercial and industrial \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	25,171	23,853
Commercial \| Commercial and industrial \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	84	173
Commercial \| Commercial and industrial \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	38	26
Commercial \| Commercial and industrial \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	83	53
Commercial \| Commercial and industrial \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	5,139	7,695
2022	5,141	4,145
2021	3,512	2,035
2020	1,706	1,533
2019	1,233	872
2018 & Prior	1,285	845
Revolving	5,421	5,252
Revolving Converted to Term Loans	4	29
Total loans and leases	23,441	22,406
Commercial \| Commercial and industrial \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	58	87
2022	114	153
2021	135	79
2020	91	63
2019	52	52
2018 & Prior	40	23
Revolving	110	40
Revolving Converted to Term Loans	0	0
Total loans and leases	600	497
Commercial \| Commercial and industrial \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	44	106
2022	142	117
2021	123	194
2020	204	132
2019	131	166
2018 & Prior	261	145
Revolving	232	200
Revolving Converted to Term Loans	1	1
Total loans and leases	1,138	1,061
Commercial \| Commercial and industrial \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	1
2022	8	4
2021	6	3
2020	1	11
2019	23	6
2018 & Prior	24	16
Revolving	20	7
Revolving Converted to Term Loans	0	0
Total loans and leases	82	48
Commercial \| Commercial and industrial \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	0	0
Revolving	115	93
Revolving Converted to Term Loans	0	0
Total loans and leases	115	93
Commercial \| Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	439	773
2022	656	523
2021	428	435
2020	326	238
2019	162	92
2018 & Prior	119	110
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	2,130	2,171
Commercial \| Leases \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,065	2,079
Commercial \| Leases \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	32	59
Commercial \| Leases \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	19	17
Commercial \| Leases \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	14	16
Commercial \| Leases \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	415	718
2022	595	466
2021	387	389
2020	292	216
2019	146	80
2018 & Prior	105	108
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,940	1,977
Commercial \| Leases \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	10	21
2022	23	22
2021	12	17
2020	10	9
2019	6	4
2018 & Prior	2	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	63	73
Commercial \| Leases \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	14	32
2022	34	32
2021	26	27
2020	22	12
2019	9	7
2018 & Prior	11	1
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	116	111
Commercial \| Leases \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	2
2022	4	3
2021	3	2
2020	2	1
2019	1	1
2018 & Prior	1	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	11	9
Commercial \| Leases \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	0	1
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	0	1
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,575	4,249
2022	4,176	4,214
2021	4,024	2,337
2020	2,177	930
2019	834	481
2018 & Prior	3,000	2,775
Revolving	2,167	2,240
Revolving Converted to Term Loans	94	100
Total loans and leases	18,047	17,326
Consumer \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	17,827	17,147
Consumer \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	136	93
Consumer \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	26	22
Consumer \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	58	64
Consumer \| Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,224	3,489
2022	3,531	3,730
2021	3,632	2,106
2020	1,995	812
2019	747	419
2018 & Prior	2,928	2,731
Revolving	8	22
Revolving Converted to Term Loans	0	0
Total loans and leases	14,065	13,309
Consumer \| Residential mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,221	3,485
2022	3,513	3,721
2021	3,615	2,097
2020	1,984	805
2019	740	413
2018 & Prior	2,804	2,625
Revolving	8	22
Revolving Converted to Term Loans	0	0
Total loans and leases	13,885	13,168
Consumer \| Residential mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	3	3
2022	15	7
2021	11	6
2020	7	5
2019	6	3
2018 & Prior	71	49
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	113	73
Consumer \| Residential mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	1
2022	2	1
2021	5	2
2020	2	0
2019	1	1
2018 & Prior	11	11
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	21	16
Consumer \| Residential mortgage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	1	1
2021	1	1
2020	2	2
2019	0	2
2018 & Prior	42	46
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	46	52
Consumer \| Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	0	0
Revolving	1,806	1,851
Revolving Converted to Term Loans	94	100
Total loans and leases	1,900	1,951
Consumer \| Revolving mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	0	0
Revolving	1,792	1,839
Revolving Converted to Term Loans	86	92
Total loans and leases	1,878	1,931
Consumer \| Revolving mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	0	0
Revolving	9	5
Revolving Converted to Term Loans	3	4
Total loans and leases	12	9
Consumer \| Revolving mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	0	0
Revolving	1	2
Revolving Converted to Term Loans	1	1
Total loans and leases	2	3
Consumer \| Revolving mortgage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	0	0
Revolving	4	5
Revolving Converted to Term Loans	4	3
Total loans and leases	8	8
Consumer \| Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	277	600
2022	517	402
2021	327	218
2020	172	112
2019	82	60
2018 & Prior	50	22
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,425	1,414
Consumer \| Consumer auto \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	276	599
2022	514	398
2021	324	216
2020	171	111
2019	81	59
2018 & Prior	49	22
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1,415	1,405
Consumer \| Consumer auto \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1	1
2022	2	2
2021	2	2
2020	1	1
2019	1	1
2018 & Prior	1	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	8	7
Consumer \| Consumer auto \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	1
2021	1	0
2020	0	0
2019	0	0
2018 & Prior	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1	1
Consumer \| Consumer auto \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	1	1
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	0	0
Revolving	0	0
Revolving Converted to Term Loans	0	0
Total loans and leases	1	1
Consumer \| Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	74	160
2022	128	82
2021	65	13
2020	10	6
2019	5	2
2018 & Prior	22	22
Revolving	353	367
Revolving Converted to Term Loans	0	0
Total loans and leases	657	652
Consumer \| Consumer other \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	74	160
2022	128	82
2021	65	13
2020	10	6
2019	5	2
2018 & Prior	19	19
Revolving	348	361
Revolving Converted to Term Loans	0	0
Total loans and leases	649	643
Consumer \| Consumer other \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	1	1
Revolving	2	3
Revolving Converted to Term Loans	0	0
Total loans and leases	3	4
Consumer \| Consumer other \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	1	1
Revolving	1	1
Revolving Converted to Term Loans	0	0
Total loans and leases	2	2
Consumer \| Consumer other \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0	0
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018 & Prior	1	1
Revolving	2	2
Revolving Converted to Term Loans	0	0
Total loans and leases	3	3
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	2,041
2022	7,615
2021	5,863
2020	3,973
2019	2,084
2018 & Prior	3,546
Revolving	33,552
Revolving Converted to Term Loans	125
Total loans and leases	58,799	0
SVB \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	58,660
SVB \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	39
SVB \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	27
SVB \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	73
SVB \| Global fund banking
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	168
2022	180
2021	129
2020	96
2019	42
2018 & Prior	8
Revolving	28,671
Revolving Converted to Term Loans	39
Total loans and leases	29,333	0
SVB \| Global fund banking \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	29,327
SVB \| Global fund banking \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	6
SVB \| Global fund banking \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0
SVB \| Global fund banking \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0
SVB \| Global fund banking \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	168
2022	180
2021	129
2020	96
2019	42
2018 & Prior	8
Revolving	28,646
Revolving Converted to Term Loans	39
Total loans and leases	29,308
SVB \| Global fund banking \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	14
Revolving Converted to Term Loans	0
Total loans and leases	14
SVB \| Global fund banking \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	11
Revolving Converted to Term Loans	0
Total loans and leases	11
SVB \| Global fund banking \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	0
SVB \| Global fund banking \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	0
SVB \| Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	118
2022	979
2021	386
2020	104
2019	40
2018 & Prior	8
Revolving	203
Revolving Converted to Term Loans	2
Total loans and leases	1,840	0
SVB \| Investor dependent - early stage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1,813
SVB \| Investor dependent - early stage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3
SVB \| Investor dependent - early stage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3
SVB \| Investor dependent - early stage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	21
SVB \| Investor dependent - early stage \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	115
2022	893
2021	298
2020	83
2019	33
2018 & Prior	6
Revolving	142
Revolving Converted to Term Loans	2
Total loans and leases	1,572
SVB \| Investor dependent - early stage \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	2
2022	1
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	3
SVB \| Investor dependent - early stage \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1
2022	69
2021	85
2020	19
2019	7
2018 & Prior	2
Revolving	55
Revolving Converted to Term Loans	0
Total loans and leases	238
SVB \| Investor dependent - early stage \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	16
2021	3
2020	2
2019	0
2018 & Prior	0
Revolving	6
Revolving Converted to Term Loans	0
Total loans and leases	27
SVB \| Investor dependent - early stage \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	0
SVB \| Investor dependent - growth stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	338
2022	1,393
2021	1,177
2020	567
2019	135
2018 & Prior	171
Revolving	266
Revolving Converted to Term Loans	5
Total loans and leases	4,052	0
SVB \| Investor dependent - growth stage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4,032
SVB \| Investor dependent - growth stage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0
SVB \| Investor dependent - growth stage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8
SVB \| Investor dependent - growth stage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	12
SVB \| Investor dependent - growth stage \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	333
2022	1,219
2021	988
2020	460
2019	119
2018 & Prior	145
Revolving	233
Revolving Converted to Term Loans	5
Total loans and leases	3,502
SVB \| Investor dependent - growth stage \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	19
2021	55
2020	19
2019	0
2018 & Prior	1
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	94
SVB \| Investor dependent - growth stage \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	5
2022	119
2021	100
2020	78
2019	8
2018 & Prior	19
Revolving	28
Revolving Converted to Term Loans	0
Total loans and leases	357
SVB \| Investor dependent - growth stage \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	36
2021	34
2020	10
2019	8
2018 & Prior	6
Revolving	5
Revolving Converted to Term Loans	0
Total loans and leases	99
SVB \| Investor dependent - growth stage \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	0
SVB \| Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	453
2022	1,722
2021	1,265
2020	1,254
2019	632
2018 & Prior	566
Revolving	3,013
Revolving Converted to Term Loans	0
Total loans and leases	8,905	0
SVB \| Innovation C&I and cash flow dependent \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8,869
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	15
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	2
SVB \| Innovation C&I and cash flow dependent \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	19
SVB \| Innovation C&I and cash flow dependent \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	406
2022	1,527
2021	1,112
2020	1,123
2019	594
2018 & Prior	479
Revolving	2,682
Revolving Converted to Term Loans	0
Total loans and leases	7,923
SVB \| Innovation C&I and cash flow dependent \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	85
2021	37
2020	0
2019	27
2018 & Prior	49
Revolving	72
Revolving Converted to Term Loans	0
Total loans and leases	270
SVB \| Innovation C&I and cash flow dependent \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	47
2022	110
2021	115
2020	114
2019	11
2018 & Prior	38
Revolving	234
Revolving Converted to Term Loans	0
Total loans and leases	669
SVB \| Innovation C&I and cash flow dependent \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	1
2020	17
2019	0
2018 & Prior	0
Revolving	25
Revolving Converted to Term Loans	0
Total loans and leases	43
SVB \| Innovation C&I and cash flow dependent \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	0
SVB \| Private Bank
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	696
2022	2,300
2021	2,207
2020	1,412
2019	792
2018 & Prior	1,255
Revolving	909
Revolving Converted to Term Loans	9
Total loans and leases	9,580	0
SVB \| Private Bank \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9,544
SVB \| Private Bank \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	9
SVB \| Private Bank \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	10
SVB \| Private Bank \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	17
SVB \| Private Bank \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	696
2022	2,298
2021	2,205
2020	1,411
2019	789
2018 & Prior	1,218
Revolving	899
Revolving Converted to Term Loans	9
Total loans and leases	9,525
SVB \| Private Bank \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	2
2021	2
2020	0
2019	0
2018 & Prior	6
Revolving	6
Revolving Converted to Term Loans	0
Total loans and leases	16
SVB \| Private Bank \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	2
2018 & Prior	9
Revolving	4
Revolving Converted to Term Loans	0
Total loans and leases	15
SVB \| Private Bank \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	1
2019	1
2018 & Prior	22
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	24
SVB \| Private Bank \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	0
SVB \| CRE
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	171
2022	547
2021	266
2020	206
2019	298
2018 & Prior	950
Revolving	87
Revolving Converted to Term Loans	5
Total loans and leases	2,530	0
SVB \| CRE \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,527
SVB \| CRE \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	1
SVB \| CRE \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2
SVB \| CRE \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0
SVB \| CRE \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	171
2022	543
2021	251
2020	182
2019	196
2018 & Prior	876
Revolving	85
Revolving Converted to Term Loans	5
Total loans and leases	2,309
SVB \| CRE \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	3
2021	11
2020	3
2019	3
2018 & Prior	17
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	37
SVB \| CRE \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	1
2021	2
2020	21
2019	98
2018 & Prior	46
Revolving	2
Revolving Converted to Term Loans	0
Total loans and leases	170
SVB \| CRE \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	2
2020	0
2019	1
2018 & Prior	11
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	14
SVB \| CRE \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	0
SVB \| Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	97
2022	494
2021	433
2020	334
2019	145
2018 & Prior	588
Revolving	403
Revolving Converted to Term Loans	65
Total loans and leases	2,559	$ 0
SVB \| Other \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,548
SVB \| Other \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5
SVB \| Other \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2
SVB \| Other \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	4
SVB \| Other \| Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	97
2022	456
2021	416
2020	311
2019	139
2018 & Prior	543
Revolving	372
Revolving Converted to Term Loans	65
Total loans and leases	2,399
SVB \| Other \| Special Mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	13
2021	8
2020	13
2019	0
2018 & Prior	16
Revolving	5
Revolving Converted to Term Loans	0
Total loans and leases	55
SVB \| Other \| Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	25
2021	9
2020	10
2019	6
2018 & Prior	29
Revolving	26
Revolving Converted to Term Loans	0
Total loans and leases	105
SVB \| Other \| Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	0
SVB \| Other \| Ungraded
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
2018 & Prior	0
Revolving	0
Revolving Converted to Term Loans	0
Total loans and leases	$ 0

Loans and Leases - Schedule o_6

Loans and Leases - Schedule of Loans Charge-offs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 176	$ 41	$ 238	$ 74
Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			19
2022			56
2021			34
2020			51
2019			22
2018 & Prior			25
Revolving			31
Revolving Converted to Term Loans			0
Total			238
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	69	36	124	64
Commercial \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			3
2022			36
2021			19
2020			6
2019			21
2018 & Prior			23
Revolving			16
Revolving Converted to Term Loans			0
Total			124
Commercial \| Non-owner occupied commercial mortgage \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			17
2018 & Prior			12
Revolving			0
Revolving Converted to Term Loans			0
Total			29
Commercial \| Commercial and industrial \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			3
2022			31
2021			16
2020			5
2019			3
2018 & Prior			10
Revolving			16
Revolving Converted to Term Loans			0
Total			84
Commercial \| Leases \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			0
2022			5
2021			3
2020			1
2019			1
2018 & Prior			1
Revolving			0
Revolving Converted to Term Loans			0
Total			11
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	6	5	13	10
Consumer \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			3
2022			2
2021			0
2020			0
2019			0
2018 & Prior			2
Revolving			6
Revolving Converted to Term Loans			0
Total			13
Consumer \| Residential mortgage \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			0
2022			0
2021			0
2020			0
2019			0
2018 & Prior			2
Revolving			0
Revolving Converted to Term Loans			0
Total			2
Consumer \| Consumer auto \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			0
2022			1
2021			0
2020			0
2019			0
2018 & Prior			0
Revolving			0
Revolving Converted to Term Loans			0
Total			1
Consumer \| Consumer other \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			3
2022			1
2021			0
2020			0
2019			0
2018 & Prior			0
Revolving			6
Revolving Converted to Term Loans			0
Total			10
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 101	$ 0	101	$ 0
SVB \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			13
2022			18
2021			15
2020			45
2019			1
2018 & Prior			0
Revolving			9
Revolving Converted to Term Loans			0
Total			101
SVB \| Investor dependent - early stage \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			12
2022			13
2021			5
2020			0
2019			0
2018 & Prior			0
Revolving			0
Revolving Converted to Term Loans			0
Total			30
SVB \| Investor dependent - growth stage \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			1
2022			5
2021			10
2020			3
2019			1
2018 & Prior			0
Revolving			4
Revolving Converted to Term Loans			0
Total			24
SVB \| Innovation C&I and cash flow dependent \| Principal Forgiveness
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023			0
2022			0
2021			0
2020			42
2019			0
2018 & Prior			0
Revolving			5
Revolving Converted to Term Loans			0
Total			$ 47

Loans and Leases - Schedule o_7

Loans and Leases - Schedule of Loan Modifications (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 315	$ 399
Total as a % of Loan and Lease Class	0.24%	0.30%
Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 276	$ 356
Weighted Average Term Extension (Months)	16 months	13 months
Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 35	$ 35
Weighted Average Payment Delay (Months)	6 months	6 months
Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 1	$ 2
Total as a % of Loan and Lease Class	3.70%	3.86%
Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 3	$ 3
Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	58 months	57 months
Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	3.43%	3.34%
Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 3
Weighted Average Payment Delay (Months)		2 months
Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	8 months
Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 237	$ 313
Total as a % of Loan and Lease Class	0.42%	0.56%
Commercial \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 230	$ 302
Weighted Average Term Extension (Months)	17 months	15 months
Commercial \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 6	$ 6
Weighted Average Payment Delay (Months)	6 months	6 months
Commercial \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 1	$ 2
Total as a % of Loan and Lease Class	3.50%	3.62%
Commercial \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Commercial \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	28 months	32 months
Commercial \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	5.18%	3.68%
Commercial \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 3
Weighted Average Payment Delay (Months)		2 months
Commercial \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	8 months
Commercial \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Commercial \| Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 1
Total as a % of Loan and Lease Class	0.01%	0.03%
Commercial \| Commercial construction \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 1
Weighted Average Term Extension (Months)	47 months	22 months
Commercial \| Commercial construction \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)	0 months	0 months
Commercial \| Commercial construction \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0%	0%
Commercial \| Commercial construction \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Commercial \| Commercial construction \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Commercial \| Commercial construction \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	0%	0%
Commercial \| Commercial construction \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
Commercial \| Commercial construction \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Commercial \| Commercial construction \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Commercial \| Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 13	$ 24
Total as a % of Loan and Lease Class	0.09%	0.16%
Commercial \| Owner occupied commercial mortgage \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 12	$ 22
Weighted Average Term Extension (Months)	13 months	12 months
Commercial \| Owner occupied commercial mortgage \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)	0 months	0 months
Commercial \| Owner occupied commercial mortgage \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 1	$ 2
Total as a % of Loan and Lease Class	3.50%	3.63%
Commercial \| Owner occupied commercial mortgage \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Commercial \| Owner occupied commercial mortgage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	36 months
Commercial \| Owner occupied commercial mortgage \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	0%	2%
Commercial \| Owner occupied commercial mortgage \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
Commercial \| Owner occupied commercial mortgage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Commercial \| Owner occupied commercial mortgage \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Commercial \| Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 161	$ 212
Total as a % of Loan and Lease Class	1.50%	1.97%
Commercial \| Non-owner occupied commercial mortgage \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 161	$ 212
Weighted Average Term Extension (Months)	15 months	13 months
Commercial \| Non-owner occupied commercial mortgage \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)	0 months	0 months
Commercial \| Non-owner occupied commercial mortgage \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0%	0%
Commercial \| Non-owner occupied commercial mortgage \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Commercial \| Non-owner occupied commercial mortgage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Commercial \| Non-owner occupied commercial mortgage \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	0%	0%
Commercial \| Non-owner occupied commercial mortgage \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
Commercial \| Non-owner occupied commercial mortgage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Commercial \| Non-owner occupied commercial mortgage \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 63	$ 76
Total as a % of Loan and Lease Class	0.25%	0.30%
Commercial \| Commercial and industrial \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 57	$ 67
Weighted Average Term Extension (Months)	24 months	22 months
Commercial \| Commercial and industrial \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 6	$ 6
Weighted Average Payment Delay (Months)	6 months	6 months
Commercial \| Commercial and industrial \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	14.40%	14.40%
Commercial \| Commercial and industrial \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Commercial \| Commercial and industrial \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	28 months	30 months
Commercial \| Commercial and industrial \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	5.18%	4.61%
Commercial \| Commercial and industrial \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 3
Weighted Average Payment Delay (Months)		2 months
Commercial \| Commercial and industrial \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	8 months
Commercial \| Commercial and industrial \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 5	$ 6
Total as a % of Loan and Lease Class	0.03%	0.04%
Consumer \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 2	$ 3
Weighted Average Term Extension (Months)	84 months	61 months
Consumer \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)	0 months	0 months
Consumer \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	9.21%	9.33%
Consumer \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 3	$ 3
Consumer \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	59 months	59 months
Consumer \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	3.35%	3.31%
Consumer \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
Consumer \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Consumer \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Consumer \| Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 5	$ 6
Total as a % of Loan and Lease Class	0.03%	0.04%
Consumer \| Residential mortgage \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 2	$ 3
Weighted Average Term Extension (Months)	90 months	62 months
Consumer \| Residential mortgage \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)	0 months	0 months
Consumer \| Residential mortgage \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0%	0%
Consumer \| Residential mortgage \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 3	$ 3
Consumer \| Residential mortgage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	60 months	60 months
Consumer \| Residential mortgage \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	3.44%	3.44%
Consumer \| Residential mortgage \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
Consumer \| Residential mortgage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Consumer \| Residential mortgage \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Consumer \| Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0.01%	0.02%
Consumer \| Revolving mortgage \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Term Extension (Months)	55 months	56 months
Consumer \| Revolving mortgage \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)	0 months	0 months
Consumer \| Revolving mortgage \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0%	0%
Consumer \| Revolving mortgage \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Consumer \| Revolving mortgage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	44 months	53 months
Consumer \| Revolving mortgage \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	0.41%	0.40%
Consumer \| Revolving mortgage \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
Consumer \| Revolving mortgage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Consumer \| Revolving mortgage \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Consumer \| Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0.01%	0.01%
Consumer \| Consumer auto \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Term Extension (Months)	19 months	19 months
Consumer \| Consumer auto \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)	0 months	0 months
Consumer \| Consumer auto \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0%	0%
Consumer \| Consumer auto \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Consumer \| Consumer auto \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	31 months	31 months
Consumer \| Consumer auto \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	0.70%	0.70%
Consumer \| Consumer auto \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
Consumer \| Consumer auto \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Consumer \| Consumer auto \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
Consumer \| Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0.01%	0.01%
Consumer \| Consumer other \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Term Extension (Months)	60 months	60 months
Consumer \| Consumer other \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)	0 months	0 months
Consumer \| Consumer other \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	9.21%	9.33%
Consumer \| Consumer other \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Consumer \| Consumer other \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Consumer \| Consumer other \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	0%	0%
Consumer \| Consumer other \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
Consumer \| Consumer other \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
Consumer \| Consumer other \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 73	$ 80
Total as a % of Loan and Lease Class	0.12%	0.14%
SVB \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 44	$ 51
Weighted Average Term Extension (Months)	3 months	4 months
SVB \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 29	$ 29
Weighted Average Payment Delay (Months)	6 months	6 months
SVB \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0%	0%
SVB \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
SVB \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
SVB \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	0%	0%
SVB \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
SVB \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
SVB \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
SVB \| Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 8	$ 8
Total as a % of Loan and Lease Class	0.41%	0.41%
SVB \| Investor dependent - early stage \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 2	$ 2
Weighted Average Term Extension (Months)	6 months	6 months
SVB \| Investor dependent - early stage \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 6	$ 6
Weighted Average Payment Delay (Months)	4 months	4 months
SVB \| Investor dependent - early stage \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0%	0%
SVB \| Investor dependent - early stage \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
SVB \| Investor dependent - early stage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
SVB \| Investor dependent - early stage \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	0%	0%
SVB \| Investor dependent - early stage \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
SVB \| Investor dependent - early stage \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
SVB \| Investor dependent - early stage \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
SVB \| Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 65	$ 72
Total as a % of Loan and Lease Class	0.73%	0.81%
SVB \| Innovation C&I and cash flow dependent \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 42	$ 49
Weighted Average Term Extension (Months)	3 months	4 months
SVB \| Innovation C&I and cash flow dependent \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 23	$ 23
Weighted Average Payment Delay (Months)	7 months	7 months
SVB \| Innovation C&I and cash flow dependent \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Total as a % of Loan and Lease Class	0%	0%
SVB \| Innovation C&I and cash flow dependent \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
SVB \| Innovation C&I and cash flow dependent \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
SVB \| Innovation C&I and cash flow dependent \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction	0%	0%
SVB \| Innovation C&I and cash flow dependent \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 0	$ 0
Weighted Average Payment Delay (Months)		0 months
SVB \| Innovation C&I and cash flow dependent \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)	0 months	0 months
SVB \| Innovation C&I and cash flow dependent \| Weighted Average Payment Delay (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Payment Delay (Months)	0 months
SVB \| Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost		$ 0
Total as a % of Loan and Lease Class		0%
SVB \| Other \| Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost		$ 0
Weighted Average Term Extension (Months)		17 months
SVB \| Other \| Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost		$ 0
Weighted Average Payment Delay (Months)		0 months
SVB \| Other \| Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost		$ 0
Total as a % of Loan and Lease Class		0%
SVB \| Other \| Term Extension and Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost		$ 0
SVB \| Other \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)		0 months
SVB \| Other \| Weighted Average Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Interest Rate Reduction		0%
SVB \| Other \| Term Extension and Other Than Insignificant Payment Delay
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost		$ 0
Weighted Average Payment Delay (Months)		0 months
SVB \| Other \| Weighted Average Term Extension (Months)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Weighted Average Term Extension (Months)		0 months

Loans and Leases - Schedule o_8

Loans and Leases - Schedule of Loans Modified, Past Due (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 315	$ 399
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	271	355
30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	44	44
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	237	313
Commercial \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	202	278
Commercial \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Commercial \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Commercial \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	35	35
Commercial \| Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	1
Commercial \| Commercial construction \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	1
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	13	24
Commercial \| Owner occupied commercial mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	13	24
Commercial \| Owner occupied commercial mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Commercial \| Owner occupied commercial mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	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	161	212
Commercial \| Non-owner occupied commercial mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	126	177
Commercial \| Non-owner occupied commercial mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	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	35	35
Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	63	76
Commercial \| Commercial and industrial \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	63	76
Commercial \| Commercial and industrial \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Commercial \| Commercial and industrial \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Commercial \| Commercial and industrial \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5	6
Consumer \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5	6
Consumer \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer \| Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5	6
Consumer \| Residential mortgage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5	6
Consumer \| Residential mortgage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer \| Residential mortgage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer \| Residential mortgage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	73	80
SVB \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	64	71
SVB \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	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	9	9
SVB \| Investor dependent - early stage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	8	8
SVB \| Investor dependent - early stage \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	5	5
SVB \| Investor dependent - early stage \| 30-59 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB \| Investor dependent - early stage \| 60-89 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
SVB \| Investor dependent - early stage \| 90 Days or Greater
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	3	3
SVB \| Innovation C&I and cash flow dependent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	65	72
SVB \| Innovation C&I and cash flow dependent \| Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	59	66
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	$ 6	$ 6

Loans and Leases - Schedule o_9

Loans and Leases - Schedule of Troubled Debt Restructuring (Details) $ in Millions	Dec. 31, 2022 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	$ 150
Non-Accruing	71
Total	221
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	98
Non-Accruing	49
Total	147
Commercial \| Commercial construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	2
Non-Accruing	1
Total	3
Commercial \| Owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	46
Non-Accruing	9
Total	55
Commercial \| Non-owner occupied commercial mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	24
Non-Accruing	30
Total	54
Commercial \| Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	26
Non-Accruing	8
Total	34
Commercial \| Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	0
Non-Accruing	1
Total	1
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	52
Non-Accruing	22
Total	74
Consumer \| Residential mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	33
Non-Accruing	17
Total	50
Consumer \| Revolving mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	17
Non-Accruing	5
Total	22
Consumer \| Consumer auto
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	2
Non-Accruing	0
Total	2
Consumer \| Consumer other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accruing	0
Non-Accruing	0
Total	$ 0

Loans and Leases - Schedule _10

Loans and Leases - Schedule of Troubled Debt Restructuring Modifications (Details) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2022 USD ($) loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans \| loan	90	171
Amortized Cost at Period End \| $	$ 15	$ 38
Interest only
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans \| loan	6	8
Amortized Cost at Period End \| $	$ 6	$ 6
Term Extension
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans \| loan	41	76
Amortized Cost at Period End \| $	$ 4	$ 23
Below market rates
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans \| loan	25	45
Amortized Cost at Period End \| $	$ 3	$ 5
Discharge from bankruptcy
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans \| loan	18	42
Amortized Cost at Period End \| $	$ 2	$ 4

Loans and Leases - Schedule _11

Loans and Leases - Schedule of Troubled Debt that Defaulted Subsequently (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Receivables [Abstract]
Troubled debt restructuring, subsequently defaulted	$ 1	$ 3

Loans and Leases - Schedule _12

Loans and Leases - Schedule of Loans Pledged as Collateral (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Federal Reserve Bank [Abstract]
Pledged non-PCD loans (contractual balance)	$ 133,015,000	$ 70,781,000	$ 67,735,000
FHLB of Atlanta \| Non-PCD \| Asset Pledged as Collateral
FHLB of Atlanta
Lendable collateral value of pledged non-PCD loans	14,999,000	14,918,000
Less: Advances	2,425,000	4,250,000
Less: Letters of Credit	1,450,000	1,450,000
Available borrowing capacity	11,124,000	9,218,000
Federal Reserve Bank [Abstract]
Pledged non-PCD loans (contractual balance)	23,969,000	23,491,000
FRB \| Non-PCD \| Asset Pledged as Collateral
Federal Reserve Bank [Abstract]
Lendable collateral value of pledged non-PCD loans	4,817,000	4,203,000
Less: Advances	0	0
Available borrowing capacity	4,817,000	4,203,000
Pledged non-PCD loans (contractual balance)	$ 5,995,000	$ 5,697,000

Allowance for Credit Losses - S

Allowance for Credit Losses - Schedule of Allowance for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance	$ 1,605	$ 848	$ 922	$ 178
Initial PCD ACL		(12)
Initial PCD ACL	20		220	272
Day 2 provision for loans and leases	0	0	462	454
Provision for credit losses - loans and leases	169	36	240
(Benefit) for credit losses - loans and leases				(17)
Total provision for credit losses- loans and leases	169	36	702	437
charege-offs	(176)	(41)	(238)	(74)
Recoveries	19	19	31	37
Allowance for credit losses, ending balance	1,637	850	1,637	850
Commercial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance	800	743	789	80
Initial PCD ACL		(12)
Initial PCD ACL	0		0	258
Day 2 provision for loans and leases	0	0	0	432
Provision for credit losses - loans and leases	172	33	230	10
Total provision for credit losses- loans and leases	172	33	230	442
charege-offs	(69)	(36)	(124)	(64)
Recoveries	12	12	20	24
Allowance for credit losses, ending balance	915	740	915	740
Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance	143	105	133	98
Initial PCD ACL	0	0	0	14
Day 2 provision for loans and leases	0	0	0	22
Provision for credit losses - loans and leases	16	3	29
(Benefit) for credit losses - loans and leases				(27)
Total provision for credit losses- loans and leases	16	3	29	(5)
charege-offs	(6)	(5)	(13)	(10)
Recoveries	3	7	7	13
Allowance for credit losses, ending balance	156	110	156	110
SVB
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance	662	0	0	0
Initial PCD ACL	20	0	220	0
Day 2 provision for loans and leases	0	0	462	0
Provision for credit losses - loans and leases		0		0
(Benefit) for credit losses - loans and leases	(19)		(19)
Total provision for credit losses- loans and leases	(19)	0	443	0
charege-offs	(101)	0	(101)	0
Recoveries	4	0	4	0
Allowance for credit losses, ending balance	$ 566	$ 0	$ 566	$ 0

Allowance for Credit Losses -_2

Allowance for Credit Losses - Schedule of Allowance for Credit Losses on Unfunded Commitments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance	$ 1,605	$ 848	$ 922	$ 178
Day 2 provision for loans and leases	0	0	462	454
(Benefit) for credit losses - loans and leases				(17)
Provision for credit losses - loans and leases	169	36	240
Total (benefit) provision for credit losses - unfunded commitments	151	42	934	506
Allowance for credit losses, ending balance	1,637	850	1,637	850
Unfunded Commitments
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance	352	75	106	12
Day 2 provision for loans and leases	0	0	254	59
(Benefit) for credit losses - loans and leases	(17)		(25)
Provision for credit losses - loans and leases		6		10
Total (benefit) provision for credit losses - unfunded commitments	(17)	6	229	69
Allowance for credit losses, ending balance	$ 335	$ 81	$ 335	$ 81

Allowance for Credit Losses -_3

Allowance for Credit Losses - Schedule of Allowance for Investment Securities (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance	$ 1,605	$ 848	$ 922	$ 178
Provision for credit losses	151	42	934	506
Allowance for credit losses, ending balance	1,637	850	1,637	850
Available-for-Sale Securities
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Allowance for credit losses, beginning balance	4	0	0	0
Provision for credit losses	(1)	0	3	0
Allowance for credit losses, ending balance	$ 3	$ 0	$ 3	$ 0

Leases - Narrative (Details)

Leases - Narrative (Details) - Maximum	Jun. 30, 2023
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract (up to)	16 years
Excessive Building Space No Longer Utilizing
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract (up to)	13 years

Leases- Schedule of Operating a

Leases- Schedule of Operating and Finance Lease Assets and Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
ROU assets:
Operating leases	$ 360	$ 345
Finance leases	$ 6	$ 7
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Premises and equipment, net	Premises and equipment, net
Total leased assets	$ 366	$ 352
Lease liabilities:
Operating leases	$ 368	$ 352
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities
Finance leases	$ 6	$ 7
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other Borrowings	Other Borrowings
Total lease liabilities	$ 374	$ 359
Weighted Average Remaining Lease Term [Abstract]
Weighted average remaining lease term, operating	9 years	9 years 7 months 6 days
Weighted average remaining lease term, finance	3 years 7 months 6 days	4 years 1 month 6 days
Weighted Average Discount Rate [Abstract]
Weighted average discount rate, operating lease	2.42%	2.19%
Weighted average discount rate, finance lease	2.33%	2.34%

Leases - Schedule of Net Lease

Leases - Schedule of Net Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Lease cost
Operating lease cost	$ 15,000	$ 15,000	$ 28,000	$ 30,000
Finance lease cost
Amortization of leased assets	0	1,000	1,000	1,000
Variable lease cost	4,000	3,000	7,000	6,000
Sublease income	(1,000)	(1,000)	(1,000)	(1,000)
Net lease cost	$ 18,000	$ 18,000	$ 35,000	$ 36,000

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating cash flows from operating leases
Operating cash flows from operating leases	$ 28	$ 26
Financing cash flows from finance leases	1	1
ROU assets obtained in exchange for new operating lease liabilities	$ 10	$ 15

Leases - Schedule of Operating

Leases - Schedule of Operating Lease Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Leases [Abstract]
Lease income – Operating leases	$ 221	$ 196	$ 435	$ 391
Variable lease income – Operating leases	17	17	36	30
Rental income on operating leases	238	213	471	421
Interest income - Sales type and direct financing leases	43	42	84	84
Variable lease income included in Other noninterest income	14	13	28	23
Interest income - Leveraged leases	4	5	9	9
Total lease income	299	273	592	537
Property tax reimbursement due from customer	3	5	8	8
Variable lease, income related to insurance coverage	$ 10	$ 8	$ 21	$ 15

Goodwill and Core Deposit Int_3

Goodwill and Core Deposit Intangibles - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 346	$ 346

Goodwill and Core Deposit Int_4

Goodwill and Core Deposit Intangibles - Schedule of Changes in Core Deposit Intangibles (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Finite-lived Intangible Assets [Roll Forward]
Amortization for the period	$ 18	$ 6	$ 23	$ 12
Core Deposits
Finite-lived Intangible Assets [Roll Forward]
Core deposit intangibles, beginning balance			140
Amortization for the period			(23)
Core deposit intangibles, ending balance	$ 347		347
Core Deposits \| SVB
Finite-lived Intangible Assets [Roll Forward]
Core deposit intangibles related to the SVBB Acquisition			$ 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 Deposits - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Acquired Finite-Lived Intangible Assets [Line Items]
Gross balance	$ 501	$ 271
Accumulated amortization	(154)	(131)
Balance, net of accumulated amortization	$ 347	$ 140

Goodwill and Core Deposit Int_6

Goodwill and Core Deposit Intangibles - Schedule of Core Deposit Intangibles, Future Amortization Expense (Details) - Core Deposits $ in Millions	Jun. 30, 2023 USD ($)
Finite-Lived Intangible Assets [Line Items]
Remainder 2023	$ 34
2024	63
2025	54
2026	46
2027	39
2028	35
Thereafter	76
Balance, net of accumulated amortization	$ 347

Variable Interest Entities - Na

Variable Interest Entities - Narrative (Details) - entity	Jun. 30, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable interest entity, consolidated, number of entities	0	0

Variable Interest Entities - Sc

Variable Interest Entities - Schedule of Variable Interest Entities (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Variable Interest Entity [Line Items]
Assets	$ 209,502	$ 109,298
Liabilities	189,731	99,636
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Assets	1,973	762
Variable Interest Entity, Not Primary Beneficiary \| Investment in qualified affordable housing projects
Variable Interest Entity [Line Items]
Assets	1,808	598
Variable Interest Entity, Not Primary Beneficiary \| Other tax credit equity investments
Variable Interest Entity [Line Items]
Assets	4	5
Variable Interest Entity, Not Primary Beneficiary \| Total tax credit equity investments
Variable Interest Entity [Line Items]
Assets	1,812	603
Variable Interest Entity, Not Primary Beneficiary \| Other unconsolidated investments
Variable Interest Entity [Line Items]
Assets	161	159
Variable Interest Entity, Not Primary Beneficiary \| Commitments to tax credit investments
Variable Interest Entity [Line Items]
Liabilities	$ 926	$ 295

Other Assets - Components of Ot

Other Assets - Components of Other Assets (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Affordable housing tax credit and other unconsolidated investments	$ 2,010	$ 762
Right of use assets for operating leases, net	360	345
Pension assets	359	343
Accrued interest receivable	732	329
Income tax receivable	208	275
Federal Home Loan Bank stock	119	197
Fair value of derivative financial instruments	758	159
Bank-owned life insurance	104	586
Counterparty receivables	113	98
Nonmarketable equity securities	58	58
Other real estate owned	62	47
Mortgage servicing rights	25	25
Other	861	1,145
Total other assets	$ 5,769	4,369
Other Assets, Miscellaneous
Other Assets [Line Items]
Bank owned life insurance, amount terminated but not cash-settled		$ 607

Deposits - Schedule of Deposit

Deposits - Schedule of Deposit Liabilities Type (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Statistical Disclosure for Banks [Abstract]
Noninterest-bearing	$ 44,547,000	$ 24,922,000
Checking with interest	24,809,000	16,202,000
Money market	29,149,000	21,040,000
Savings	26,389,000	16,634,000
Time	16,270,000	10,610,000
Total deposits	$ 141,164,000	$ 89,408,000	$ 89,329,000

Deposits - Schedule of Time Dep

Deposits - Schedule of Time Deposit Maturities (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Statistical Disclosure for Banks [Abstract]
2024	$ 13,744
2025	2,042
2026	286
2027	50
2028	23
Thereafter	125
Total time deposits	$ 16,270	$ 10,610

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Statistical Disclosure for Banks [Abstract]
Time deposits with a denomination of $250,000 or more	$ 4,950	$ 2,220

Borrowings - Schedule of Short-

Borrowings - Schedule of Short-term Borrowings (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
Securities sold under customer repurchase agreements	$ 454	$ 436
Notes payable to FHLB of Atlanta at overnight SOFR plus 0.28%.	0	1,750
Total short-term borrowings	$ 454	$ 2,186
Short-Term Notes Payable \| Secured Overnight Financing Rate (SOFR)
Short-term Debt [Line Items]
Basis spread on variable rate	0.28%

Borrowings - Narrative (Details

Borrowings - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Securities sold under customer repurchase agreements	$ 454	$ 436
Debt instrument, collateral amount	30,000
Asset Pledged as Collateral \| Securities Assets
Debt Instrument [Line Items]
Securities sold under customer repurchase agreements	508	496
Unsecured Debt
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	100
Line of credit facility, remaining borrowing capacity	85
Notes Payable To FHLB \| Secured Debt \| Asset Pledged as Collateral
Debt Instrument [Line Items]
Debt instrument, collateral amount	24,000
Other secured financings \| Secured Debt \| Federal Reserve Bank of Richmond
Debt Instrument [Line Items]
Debt instrument, collateral amount	6,000
Line of credit facility, additional borrowing capacity	4,800
Long-term line of credit	$ 0	$ 0

Borrowings - Schedule of Long-t

Borrowings - Schedule of Long-term Borrowings (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Capital lease obligations	$ 6	$ 7
Unamortized issuance costs	(1)	(1)
Unamortized purchase accounting adjustment	180	(87)
Total long-term borrowings	39,685	4,459
Subordinated Debt
Debt Instrument [Line Items]
Unamortized purchase accounting adjustment	$ 62	69
Parent \| Senior unsecured fixed line of credit at 3.722% \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, stated interest rate	3.722%
Long-term debt, gross	$ 15	0
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	350
Parent \| Junior subordinated debentures at 3-month LIBOR plus 2.25% (FCB/SC Capital Trust II) \| Subordinated Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 20	20
Parent \| Junior subordinated debentures at 3-month LIBOR plus 2.25% (FCB/SC Capital Trust II) \| Subordinated Debt \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	2.25%
Parent \| Junior subordinated debentures at 3-month LIBOR plus 1.75% (FCB/NC Capital Trust III) \| Subordinated Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 88	88
Parent \| Junior subordinated debentures at 3-month LIBOR plus 1.75% (FCB/NC Capital Trust III) \| Subordinated Debt \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%
Subsidiaries \| Senior unsecured fixed to floating rate notes at 3.929% \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, stated interest rate	3.929%
Long-term debt, gross	$ 0	500
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	$ 315	315
Subsidiaries \| Fixed senior unsecured notes at 6.00% \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, stated interest rate	6%
Long-term debt, gross	$ 51	51
Subsidiaries \| Fixed subordinated notes at 6.125% \| Subordinated Debt
Debt Instrument [Line Items]
Debt instrument, stated interest rate	6.125%
Long-term debt, gross	$ 400	400
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	$ 100	100
Subsidiaries \| Junior subordinated debentures at 3-month LIBOR plus 2.80% (Macon Capital Trust I) \| Subordinated Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 14	14
Subsidiaries \| Junior subordinated debentures at 3-month LIBOR plus 2.80% (Macon Capital Trust I) \| Subordinated Debt \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	2.80%
Subsidiaries \| Junior subordinated debentures at 3-month LIBOR plus 2.85% (SCB Capital Trust I) \| Subordinated Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 10	10
Subsidiaries \| Junior subordinated debentures at 3-month LIBOR plus 2.85% (SCB Capital Trust I) \| Subordinated Debt \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate	2.85%
Subsidiaries \| Notes payable to FHLB of Atlanta at overnight SOFR plus spreads ranging from 0.32% to 0.36%. \| Secured Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 2,425	2,500
Subsidiaries \| Notes payable to FHLB of Atlanta at overnight SOFR plus spreads ranging from 0.32% to 0.36%. \| Secured Debt \| Secured Overnight Financing Rate (SOFR) \| Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	0.32%
Subsidiaries \| Notes payable to FHLB of Atlanta at overnight SOFR plus spreads ranging from 0.32% to 0.36%. \| Secured Debt \| Secured Overnight Financing Rate (SOFR) \| Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	0.36%
Subsidiaries \| Fixed senior unsecured notes at 3.50% \| Senior Notes
Debt Instrument [Line Items]
Debt instrument, stated interest rate	3.50%
Long-term debt, gross	$ 36,072	0
Subsidiaries \| Other secured financings \| Secured Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 0	$ 18

Derivative Financial Instrume_3

Derivative Financial Instruments - Schedule of Derivative Instruments (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Asset Fair Value
Asset Fair Value	$ 758	$ 159
Less: Gross amounts offset in the Consolidated Balance Sheets, Asset Fair Value	0	0
Derivative assets	758	159
Less: Amounts subject to master netting agreements, Asset Fair Value	(110)	(13)
Less: Cash collateral pledged(received) subject to master netting agreements	(533)	(124)
Total net derivative fair value, Asset Fair Value	115	22
Liability Fair Value
Liability Fair Value	(825)	(486)
Less: Gross amounts offset in the Consolidated Balance Sheets, Liability Fair Value	0	0
Derivative liability	(825)	(486)
Less: Amounts subject to master netting agreements, Asset Liability Value	110	13
Less: Cash collateral pledged(received) subject to master netting agreements	39	0
Total net derivative fair value, Liability Fair Value	(676)	(473)
Variation margin, amount reducing derivative asset	154	376
Variation margin, amount reducing derivative liability	33	19
Not Designated as Hedging Instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	38,270	18,805
Asset Fair Value
Asset Fair Value	758	159
Liability Fair Value
Liability Fair Value	(825)	(486)
Not Designated as Hedging Instrument \| Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	24,597	18,173
Asset Fair Value
Asset Fair Value	553	158
Liability Fair Value
Liability Fair Value	(624)	(482)
Not Designated as Hedging Instrument \| Foreign currency forward contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	12,847	125
Asset Fair Value
Asset Fair Value	203	1
Liability Fair Value
Liability Fair Value	(200)	(4)
Not Designated as Hedging Instrument \| Foreign exchange spot contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	161	0
Not Designated as Hedging Instrument \| Other contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Notional Amount	826	507
Asset Fair Value
Asset Fair Value	2	0
Liability Fair Value
Liability Fair Value	$ (1)	$ 0

Derivative Financial Instrume_4

Derivative Financial Instruments - Schedule of Derivative Instruments Non-Qualifying Hedges (Details) - Not Designated as Hedging Instrument - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	$ 9	$ 8	$ 28	$ 12
Interest rate contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	8	2	29	6
Foreign currency forward contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Gains (losses) of non-qualifying hedges	$ 1	$ 6	$ (1)	$ 6

Other Liabilities - Schedule of

Other Liabilities - Schedule of Other Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Other Liabilities Disclosure [Abstract]
Fair value of derivative financial instruments	$ 825	$ 486
Lease liabilities	368	352
Accrued expenses and accounts payable	391	275
Commitments to fund tax credit investments	926	295
Deferred taxes	3,147	286
ACL for unfunded commitments	335	106
Incentive plan liabilities	369	267
Accrued interest payable	121	57
Other	879	464
Total other liabilities	$ 7,361	$ 2,588

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	$ 11,894	$ 8,995
Marketable equity securities	76	95
Interest rate & other derivative — non-qualifying hedges	758	159
Fair value of derivative financial instruments	825	486
U.S. Treasury
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	4,634	1,898
Residential mortgage-backed securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	4,810	4,795
Commercial mortgage-backed securities
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	1,577	1,604
Municipal bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	257
Fair Value, Recurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	11,894	8,995
Marketable equity securities	76	95
Loans held for sale	42	4
Interest rate & other derivative — non-qualifying hedges	758	159
Fair value of derivative financial instruments	825	486
Fair Value, Recurring \| Interest rate contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	553	158
Fair value of derivative financial instruments	624	482
Fair Value, Recurring \| Foreign exchange contract
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	203	1
Fair value of derivative financial instruments	200	4
Fair Value, Recurring \| Other derivative
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	2	0
Fair value of derivative financial instruments	1	0
Fair Value, Recurring \| Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	0	0
Marketable equity securities	24	32
Loans held for sale	0	0
Interest rate & other derivative — non-qualifying hedges	0	0
Fair value of derivative financial instruments	0	0
Fair Value, Recurring \| Level 1 \| Interest rate contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	0	0
Fair value of derivative financial instruments	0	0
Fair Value, Recurring \| Level 1 \| Foreign exchange contract
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	0	0
Fair value of derivative financial instruments	0	0
Fair Value, Recurring \| Level 1 \| Other derivative
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	0	0
Fair value of derivative financial instruments	0	0
Fair Value, Recurring \| Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	11,743	8,821
Marketable equity securities	52	63
Loans held for sale	42	4
Interest rate & other derivative — non-qualifying hedges	755	159
Fair value of derivative financial instruments	824	486
Fair Value, Recurring \| Level 2 \| Interest rate contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	552	158
Fair value of derivative financial instruments	624	482
Fair Value, Recurring \| Level 2 \| Foreign exchange contract
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	203	1
Fair value of derivative financial instruments	200	4
Fair Value, Recurring \| Level 2 \| Other derivative
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	0	0
Fair value of derivative financial instruments	0	0
Fair Value, Recurring \| Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	151	174
Marketable equity securities	0	0
Loans held for sale	0	0
Interest rate & other derivative — non-qualifying hedges	3	0
Fair value of derivative financial instruments	1	0
Fair Value, Recurring \| Level 3 \| Interest rate contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	1	0
Fair value of derivative financial instruments	0	0
Fair Value, Recurring \| Level 3 \| Foreign exchange contract
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	0	0
Fair value of derivative financial instruments	0	0
Fair Value, Recurring \| Level 3 \| Other derivative
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate & other derivative — non-qualifying hedges	2	0
Fair value of derivative financial instruments	1	0
Fair Value, Recurring \| U.S. Treasury
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	4,634	1,898
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	4,634	1,898
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	140	162
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	140	162
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	4,810	4,795
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	4,810	4,795
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	1,577	1,604
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	1,577	1,604
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	476	536
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	325	362
Fair Value, Recurring \| Corporate bonds \| Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	151	174
Fair Value, Recurring \| Municipal bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investment securities available for sale	257	0
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	257	0
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	Jun. 30, 2023	Dec. 31, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	$ 11,894	$ 8,995
Interest rate & other derivative — non-qualifying hedges	758	159
Fair value of derivative financial instruments	825	486
Fair Value, Recurring
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	11,894	8,995
Interest rate & other derivative — non-qualifying hedges	758	159
Fair value of derivative financial instruments	825	486
Fair Value, Recurring \| Corporate bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	476	536
Fair Value, Recurring \| Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	151	174
Interest rate & other derivative — non-qualifying hedges	3	0
Fair value of derivative financial instruments	1	0
Fair Value, Recurring \| Level 3 \| Corporate bonds
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Corporate bonds	$ 151	$ 174

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	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Corporate bonds
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 174	$ 207
Purchases	0	0
Changes in FV included in earnings	0	0
Changes in FV included in comprehensive income	(14)	(13)
Transfers in	0	0
Transfers out	0	(14)
Maturity and settlements	(9)	0
Ending balance	151	180
Other Derivative Assets — Non-Qualifying
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0	0
Purchases	0	0
Changes in FV included in earnings	3	1
Changes in FV included in comprehensive income	0	0
Transfers in	0	0
Transfers out	0	0
Maturity and settlements	0	0
Ending balance	3	1
Other Derivative Liabilities — Non-Qualifying
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	0	0
Purchases	0	1
Changes in FV included in earnings	0	(1)
Changes in FV included in comprehensive income	0	0
Transfers in	1	0
Transfers out	0	0
Maturity and settlements	0	0
Ending balance	$ 1	$ 0

Fair Value - Schedule of Fair_4

Fair Value - Schedule of Fair Value Option (Details) - Originated loans held for sale - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Option, Quantitative Disclosures [Line Items]
Loans held for sale	$ 42	$ 4
Unpaid Principal Balance	42	4
Difference	$ 0	$ 0

Fair Value - Narrative (Details

Fair Value - Narrative (Details)	3 Months Ended		6 Months Ended
Fair Value - Narrative (Details)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Disclosures [Abstract]
Fair value, option, changes in fair value, gain (loss)	$ 0	$ 1,000,000	$ 0	$ (2,000,000)
Fair value, option, loans held as assets, 90 days or more past due	0		0		$ 0
Fair Value, option, loans held as assets, aggregate amount in nonaccrual status	$ 0		$ 0		$ 0
Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Financing receivable, measurement input	0.0868		0.0868		0.0931
Minimum \| Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Financing receivable, measurement input	0.06		0.06
Maximum \| Measurement Input, Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Financing receivable, measurement input	0.11		0.11

Fair Value - Schedule of Fair_5

Fair Value - Schedule of Fair Value, Assets Measured on Nonrecurring Basis (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Estimate of Fair Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	$ 115	$ 49
Loans - collateral dependent loans	126,813	64,312
Mortgage servicing rights	47	47
Level 1 \| Estimate of Fair Value Measurement
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
Mortgage servicing rights	0	0
Level 2 \| Estimate of Fair Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	42	4
Loans - collateral dependent loans	1,552	1,679
Mortgage servicing rights	0	0
Level 3 \| Estimate of Fair Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	73	45
Loans - collateral dependent loans	125,261	62,633
Mortgage servicing rights	47	47
Fair Value, Nonrecurring \| Estimate of Fair Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	13	23
Loans - collateral dependent loans	199	43
Other real estate owned	26	149
Mortgage servicing rights		0
Fair Value Measurements	238	215
Fair Value, Nonrecurring \| Changes Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	(6)	(1)
Loans - collateral dependent loans	(71)	14
Other real estate owned	2	(24)
Mortgage servicing rights		1
Fair Value Measurements	(75)	(10)
Fair Value, Nonrecurring \| Level 1 \| Estimate of Fair Value Measurement
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
Mortgage servicing rights		0
Fair Value Measurements	0	0
Fair Value, Nonrecurring \| Level 2 \| Estimate of Fair Value Measurement
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
Mortgage servicing rights		0
Fair Value Measurements	0	0
Fair Value, Nonrecurring \| Level 3 \| Estimate of Fair Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	13	23
Loans - collateral dependent loans	199	43
Other real estate owned	26	149
Mortgage servicing rights		0
Fair Value Measurements	$ 238	$ 215

Fair Value - Schedule of Carryi

Fair Value - Schedule of Carrying Values and Estimated Fair Values for Financial Instruments (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Financial Assets
Investment in marketable equity securities	$ 76	$ 95
Investment securities available for sale	11,894	8,995
Investment securities held to maturity	10,201	10,279
Interest rate & other derivative — non-qualifying hedges	758	159
Financial Liabilities
Fair value of derivative financial instruments	825	486
Reported Value Measurement
Financial Assets
Cash and due from banks	917	518
Interest earning deposits at banks	37,846	5,025
Securities purchased under agreements to resell	298
Investment in marketable equity securities	76	95
Investment securities available for sale	11,894	8,995
Investment securities held to maturity	10,201	10,279
Loans held for sale	115	52
Net loans	129,288	67,720
Accrued interest receivable	732	329
Federal Home Loan Bank stock	119	197
Mortgage servicing rights	25	25
Interest rate & other derivative — non-qualifying hedges	758	159
Financial Liabilities
Deposits with no stated maturity	124,894
Deposits with no stated maturity		78,798
Time deposits	16,270	10,610
Credit balances of factoring clients	1,067	995
Securities sold under customer repurchase agreements	454	436
Other short-term debt		1,750
Long-term borrowings	39,679	4,452
Accrued interest payable	121	57
Fair value of derivative financial instruments	825	486
Estimate of Fair Value Measurement
Financial Assets
Cash and due from banks	917	518
Interest earning deposits at banks	37,846	5,025
Securities purchased under agreements to resell	298
Investment in marketable equity securities	76	95
Investment securities available for sale	11,894	8,995
Investment securities held to maturity	8,652	8,795
Loans held for sale	115	49
Net loans	126,813	64,312
Accrued interest receivable	732	329
Federal Home Loan Bank stock	119	197
Mortgage servicing rights	47	47
Interest rate & other derivative — non-qualifying hedges	758	159
Financial Liabilities
Deposits with no stated maturity	124,894
Deposits with no stated maturity		78,798
Time deposits	16,220	10,504
Credit balances of factoring clients	1,067	995
Securities sold under customer repurchase agreements	454	436
Other short-term debt		1,750
Long-term borrowings	39,011	4,330
Accrued interest payable	121	57
Fair value of derivative financial instruments	825	486
Estimate of Fair Value Measurement \| Level 1
Financial Assets
Cash and due from banks	917	518
Interest earning deposits at banks	37,846	5,025
Securities purchased under agreements to resell	0
Investment in marketable equity securities	24	32
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
Interest rate & other derivative — non-qualifying hedges	0	0
Financial Liabilities
Deposits with no stated maturity	0
Deposits with no stated maturity		0
Time deposits	0	0
Credit balances of factoring clients	0	0
Securities sold under customer repurchase agreements	0	0
Other short-term debt		0
Long-term borrowings	0	0
Accrued interest payable	0	0
Fair value of derivative financial instruments	0	0
Estimate of Fair Value Measurement \| Level 2
Financial Assets
Cash and due from banks	0	0
Interest earning deposits at banks	0	0
Securities purchased under agreements to resell	298
Investment in marketable equity securities	52	63
Investment securities available for sale	11,743	8,821
Investment securities held to maturity	8,652	8,795
Loans held for sale	42	4
Net loans	1,552	1,679
Accrued interest receivable	732	329
Federal Home Loan Bank stock	119	197
Mortgage servicing rights	0	0
Interest rate & other derivative — non-qualifying hedges	755	159
Financial Liabilities
Deposits with no stated maturity	124,894
Deposits with no stated maturity		78,798
Time deposits	16,220	10,504
Credit balances of factoring clients	0	0
Securities sold under customer repurchase agreements	454	436
Other short-term debt		1,750
Long-term borrowings	39,011	4,312
Accrued interest payable	121	57
Fair value of derivative financial instruments	824	486
Estimate of Fair Value Measurement \| 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
Investment in marketable equity securities	0	0
Investment securities available for sale	151	174
Investment securities held to maturity	0	0
Loans held for sale	73	45
Net loans	125,261	62,633
Accrued interest receivable	0	0
Federal Home Loan Bank stock	0	0
Mortgage servicing rights	47	47
Interest rate & other derivative — non-qualifying hedges	3	0
Financial Liabilities
Deposits with no stated maturity	0
Deposits with no stated maturity		0
Time deposits	0	0
Credit balances of factoring clients	1,067	995
Securities sold under customer repurchase agreements	0	0
Other short-term debt		0
Long-term borrowings	0	18
Accrued interest payable	0	0
Fair value of derivative financial instruments	$ 1	$ 0

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Common Stock Outstanding Roll Forward (Details) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023
Class A Common Stock
Increase (Decrease) In Common Stock [Roll Forward]
Common stock beginning balance (in shares)	13,514,808	13,501,017
Restricted stock units vested, net of shares held to cover taxes (in shares)	41	13,832
Common stock ending balance (in shares)	13,514,849	13,514,849
Class B Common Stock
Increase (Decrease) In Common Stock [Roll Forward]
Common stock beginning balance (in shares)	1,005,185	1,005,185
Restricted stock units vested, net of shares held to cover taxes (in shares)	0	0
Common stock ending balance (in shares)	1,005,185	1,005,185

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details)	Jun. 30, 2023 shares	Apr. 25, 2023 shares	Apr. 24, 2023 shares	Dec. 31, 2022 shares
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)	20,000,000	20,000,000	10,000,000	10,000,000
Class A Common Stock
Class of Stock [Line Items]
Common stock, voting right per share	1
Common stock, shares authorized (in shares)	32,000,000	32,000,000	16,000,000	16,000,000
Class B Common Stock
Class of Stock [Line Items]
Common stock, voting right per share	16
Common stock, shares authorized (in shares)	2,000,000			2,000,000

Stockholders' Equity - Schedu_2

Stockholders' Equity - Schedule of Preferred Stock and Depositary Shares (Details) - USD ($)	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Series A Preferred Stock
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)	$ 0.01
Preferred stock, shares issued (in shares)	345,000
Preferred stock, shares outstanding (in shares)	345,000
Liquidation preference per share (in dollars per share)	$ 1,000
Total Liquidation Preference	$ 345,000,000
Dividend	5.375%
Series B Preferred Stock
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)	$ 0.01
Preferred stock, shares issued (in shares)	325,000
Preferred stock, shares outstanding (in shares)	325,000
Liquidation preference per share (in dollars per share)	$ 1,000
Total Liquidation Preference	$ 325,000,000
Series B Preferred Stock \| London Interbank Offered Rate (LIBOR)
Class of Stock [Line Items]
Dividend, basis spread on variable rate	3.792%
Series C Preferred Stock
Class of Stock [Line Items]
Preferred stock, par value (in dollars per share)	$ 0.01
Preferred stock, shares issued (in shares)	8,000,000
Preferred stock, shares outstanding (in shares)	8,000,000
Liquidation preference per share (in dollars per share)	$ 25
Total Liquidation Preference	$ 200,000,000
Dividend	5.625%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss) Income - Schedule of Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	$ (1,018)	$ (967)
Income Taxes	246	232
Net of Income Taxes	(772)	(735)
Unrealized loss on securities available for sale
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	(1,029)	(972)
Income Taxes	248	233
Net of Income Taxes	(781)	(739)
Unrealized loss on securities available for sale transferred to held to maturity
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	(7)	(8)
Income Taxes	2	2
Net of Income Taxes	(5)	(6)
Defined benefit pension items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pretax	18	13
Income Taxes	(4)	(3)
Net of Income Taxes	$ 14	$ 10

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive (Loss) Income - Schedule of Changes in Components of AOCI (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	$ 19,216	$ 10,570	$ 9,662	$ 4,738
AOCI activity before reclassifications			(50)	(481)
Amounts reclassified from AOCI to earnings			13	6
Other comprehensive (loss) income for the period	(103)	(160)	(37)	(475)
Ending balance, shareholders' equity	19,771	10,642	19,771	10,642
Total accumulated other comprehensive (loss) income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity	(669)	(305)	(735)	10
Other comprehensive (loss) income for the period	(103)	(160)	(37)	(475)
Ending balance, shareholders' equity	(772)	(465)	(772)	(465)
Unrealized loss on securities available for sale
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity			(739)	(9)
AOCI activity before reclassifications			(54)	(481)
Amounts reclassified from AOCI to earnings			12	0
Other comprehensive (loss) income for the period			(42)	(481)
Ending balance, shareholders' equity	(781)	(490)	(781)	(490)
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			(6)	(7)
AOCI activity before reclassifications	0	0	0	0
Amounts reclassified from AOCI to earnings			1	1
Other comprehensive (loss) income for the period	1	0	1	1
Ending balance, shareholders' equity	(5)	(6)	(5)	(6)
Defined benefit pension items
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance, shareholders' equity			10	26
AOCI activity before reclassifications	(4)	0	4	0
Amounts reclassified from AOCI to earnings			0	5
Other comprehensive (loss) income for the period	(4)	3	4	5
Ending balance, shareholders' equity	$ 14	$ 31	$ 14	$ 31

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive (Loss) Income - Schedule of Pretax and After-tax Components of Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, net amount			$ (50)	$ (481)
Amounts reclassified from AOCI to earnings, Net Amount			13	6
Other comprehensive loss on securities available for sale, gross amount	$ (139)	$ (212)	(51)	(627)
Other comprehensive loss on securities available for sale, gross amount, tax	36	52	14	152
Other comprehensive loss, net of tax	(103)	(160)	(37)	(475)
Unrealized loss on securities available for sale
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, gross amount	(134)	(216)	(74)	(635)
AOCI activity before reclassification, tax	35	53	20	154
AOCI activity before reclassification, net amount	(99)	(163)	(54)	(481)
Other comprehensive loss on securities available for sale, gross amount	(135)	(216)	(57)	(635)
Other comprehensive loss on securities available for sale, gross amount, tax	35	53	15	154
Other comprehensive loss, net of tax	(100)	(163)	(42)	(481)
Unrealized loss on securities available for sale \| Provision for credit losses
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amounts reclassified from AOCI to earnings, gross amount	(1)	0	17	0
Amounts reclassified from AOCI to earnings, tax	0	0	(5)	0
Amounts reclassified from AOCI to earnings, Net Amount	(1)	0	12	0
Unrealized loss on securities available for sale transferred to held to maturity
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, gross amount	0	0	0	0
AOCI activity before reclassification, tax	0	0	0	0
AOCI activity before reclassification, net amount	0	0	0	0
Amounts reclassified from AOCI to earnings, Net Amount			1	1
Other comprehensive loss on securities available for sale, gross amount	1	0	1	1
Other comprehensive loss on securities available for sale, gross amount, tax	0	0	0	0
Other comprehensive loss, net of tax	1	0	1	1
Unrealized loss on securities available for sale transferred to held to maturity \| Interest on investment securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amounts reclassified from AOCI to earnings, gross amount	1	0	1	1
Amounts reclassified from AOCI to earnings, tax	0	0	0	0
Amounts reclassified from AOCI to earnings, Net Amount	1	0	1	1
Defined benefit pension items
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI activity before reclassification, gross amount	(5)	0	5	0
AOCI activity before reclassification, tax	1	0	(1)	0
AOCI activity before reclassification, net amount	(4)	0	4	0
Amounts reclassified from AOCI to earnings, Net Amount			0	5
Other comprehensive loss on securities available for sale, gross amount	(5)	4	5	7
Other comprehensive loss on securities available for sale, gross amount, tax	1	(1)	(1)	(2)
Other comprehensive loss, net of tax	(4)	3	4	5
Defined benefit pension items \| Other noninterest expense
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amounts reclassified from AOCI to earnings, gross amount	0	4	0	7
Amounts reclassified from AOCI to earnings, tax	0	(1)	0	(2)
Amounts reclassified from AOCI to earnings, Net Amount	$ 0	$ 3	$ 0	$ 5

Regulatory Capital - Schedule o

Regulatory Capital - Schedule of Regulatory Capital Ratio (Details)	Jun. 30, 2023
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 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	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
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	$ 22,504	$ 11,799
Tier 1 risk-based capital, amount	19,898	9,902
Common equity Tier 1, amount	19,017	9,021
Tier 1 leverage, amount	$ 19,898	$ 9,902
Total risk-based capital, Ratio	0.1584	0.1318
Tier 1 risk-based capital, Ratio	0.1400	0.1106
Common equity Tier 1, Ratio	0.1338	0.1008
Tier 1 leverage, Ratio	0.0950	0.0899
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	$ 22,292	$ 11,627
Tier 1 risk-based capital, amount	20,142	10,186
Common equity Tier 1, amount	20,142	10,186
Tier 1 leverage, amount	$ 20,142	$ 10,186
Total risk-based capital, Ratio	0.1569	0.1299
Tier 1 risk-based capital, Ratio	0.1418	0.1138
Common equity Tier 1, Ratio	0.1418	0.1138
Tier 1 leverage, Ratio	0.0962	0.0925

Regulatory Capital - Narrative

Regulatory Capital - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	7.84%	5.06%
FCB
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital conservation buffer	7.69%	4.99%
Dividend restrictions, additional maximum amount of distribution	$ 8,090
Payments of dividends	$ 117

Earnings Per Common Share - Sch

Earnings Per Common Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Net income	$ 682	$ 255	$ 10,200	$ 526
Preferred stock dividends	15	17	29	24
Net income available to common stockholders, basic	667	238	10,171	502
Net income available to common shareholders, diluted	$ 667	$ 238	$ 10,171	$ 502
Weighted average common shares outstanding
Weighted average common shares outstanding, basic (in shares)	14,528,134	16,023,613	14,527,417	15,918,978
Stock-based award (in shares)	9,804	11,477	11,759	18,848
Weighted average common shares outstanding, diluted (in shares)	14,537,938	16,035,090	14,539,176	15,937,826
Earnings per common share, basic (in dollars per share)	$ 45.90	$ 14.87	$ 700.10	$ 31.52
Earnings per common share, diluted (in dollars per share)	$ 45.87	$ 14.86	$ 699.53	$ 31.48

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 27, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Effective income tax rate		23.90%	24.20%	1.60%	6.30%
Business Acquisition [Line Items]
Deferred tax assets, valuation allowance							$ 70
SVB
Business Acquisition [Line Items]
Deferred tax liabilities	$ 3,280	$ 3,280		$ 3,280		$ 3,277
Decrease in valuation allowance due to measurement period adjustment	$ 12

Employee Benefit Plans - Schedu

Employee Benefit Plans - Schedule of Net Benefit Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Retirement Benefits [Abstract]
Service cost	$ 3,000	$ 4,000	$ 5,000	$ 7,000
Interest cost	15,000	11,000	30,000	22,000
Expected return on assets	(22,000)	(22,000)	(43,000)	(44,000)
Amortization of prior service cost	0	0	0	0
Amortization of net actuarial loss	0	3,000	0	6,000
Net periodic benefit	$ (4,000)	$ (4,000)	$ (8,000)	$ (9,000)

Business Segment Information -

Business Segment Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Net interest income (expense)	$ 1,961	$ 700	$ 2,811	$ 1,349
Provision for credit losses	151	42	934	506
Net interest income (expense) after provision for credit losses	1,810	658	1,877	843
Noninterest income	658	424	10,917	1,274
Income (loss) before income taxes	896	337	10,367	562
Income tax expense (benefit)	214	82	167	36
Net income (loss)	682	255	10,200	526
Loans and leases	133,015	67,735	133,015	67,735	$ 70,781
Deposits	141,164	89,329	141,164	89,329	89,408
Operating lease equipment, net	8,531	7,971	8,531	7,971	$ 8,156
Operating Segments \| General Banking
Segment Reporting Information [Line Items]
Net interest income (expense)	603	467	1,163	904
Provision for credit losses	29	7	43	(8)
Net interest income (expense) after provision for credit losses	574	460	1,120	912
Noninterest income	119	125	235	248
Noninterest expense	393	390	788	799
Income (loss) before income taxes	300	195	567	361
Income tax expense (benefit)	73	40	138	80
Net income (loss)	227	155	429	281
Loans and leases	44,719	40,159	44,719	40,159
Deposits	95,323	83,518	95,323	83,518
Operating lease equipment, net	0	0	0	0
Operating Segments \| Commercial Banking
Segment Reporting Information [Line Items]
Net interest income (expense)	258	204	498	411
Provision for credit losses	170	35	219	1
Net interest income (expense) after provision for credit losses	88	169	279	410
Noninterest income	139	130	282	242
Noninterest expense	188	180	399	371
Income (loss) before income taxes	39	119	162	281
Income tax expense (benefit)	11	24	40	65
Net income (loss)	28	95	122	216
Loans and leases	29,433	27,505	29,433	27,505
Deposits	3,064	4,466	3,064	4,466
Operating lease equipment, net	741	724	741	724
Operating Segments \| Silicon Valley Banking
Segment Reporting Information [Line Items]
Net interest income (expense)	635	0	700	0
Provision for credit losses	(47)	0	(47)	0
Net interest income (expense) after provision for credit losses	682	0	747	0
Noninterest income	169	0	183	0
Noninterest expense	592	0	625	0
Income (loss) before income taxes	259	0	305	0
Income tax expense (benefit)	70	0	81	0
Net income (loss)	189	0	224	0
Loans and leases	58,799	0	58,799	0
Deposits	40,860	0	40,860	0
Operating lease equipment, net	0	0	0	0
Operating Segments \| Rail
Segment Reporting Information [Line Items]
Net interest income (expense)	(33)	(18)	(61)	(37)
Provision for credit losses	0	0	0	0
Net interest income (expense) after provision for credit losses	(33)	(18)	(61)	(37)
Noninterest income	178	160	355	322
Noninterest expense	121	111	241	211
Income (loss) before income taxes	24	31	53	74
Income tax expense (benefit)	6	7	13	18
Net income (loss)	18	24	40	56
Loans and leases	64	71	64	71
Deposits	11	11	11	11
Operating lease equipment, net	7,790	7,247	7,790	7,247
Corporate
Segment Reporting Information [Line Items]
Net interest income (expense)	498	47	511	71
Provision for credit losses	(1)	0	719	513
Net interest income (expense) after provision for credit losses	499	47	(208)	(442)
Noninterest income	53	9	9,862	462
Noninterest expense	278	64	374	174
Income (loss) before income taxes	274	(8)	9,280	(154)
Income tax expense (benefit)	54	11	(105)	(127)
Net income (loss)	220	(19)	9,385	(27)
Loans and leases	0	0	0	0
Deposits	1,906	1,334	1,906	1,334
Operating lease equipment, net	$ 0	$ 0	$ 0	$ 0

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Fair Value, Off-balance Sheet Risks (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Financing assets (excluding leases)
Other Commitments [Line Items]
Credit related commitments	$ 69,292	$ 23,452
Standby letters of credit
Other Commitments [Line Items]
Credit related commitments	3,090	436
Other letters of credit
Other Commitments [Line Items]
Credit related commitments	107	44
Deferred Purchase Agreements
Other Commitments [Line Items]
Credit related commitments	1,531	2,039
Lessor commitments
Other Commitments [Line Items]
Credit related commitments	$ 672	$ 941

Commitments and Contingencies_2

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Other Commitments [Line Items]
Deferred purchase agreement, borrowings by client	$ 136	$ 186
Deferred purchase agreement, receivables with credit risk	1,350	1,900
Deferred purchase agreement, line of credit facility, maximum borrowing capacity	186	138
Loss contingency (up to)	10
Off-Balance Sheet Commitment
Other Commitments [Line Items]
Credit related commitments	$ 69	$ 66