Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 227

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 227
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 and losses may change in the future as market conditions change.  March 31, 2025December 31, 2024Dollars in millionsAmortizedCost (a)(b)Gross Unrealized GainsGross Unrealized LossesFairValueAmortizedCost (a)(b)Gross Unrealized GainsGross Unrealized LossesFairValueSECURITIES AVAILABLE FOR SALEU.S. Treasury, agencies, and corporations$8,347 $47 $32 $8,362 $8,928 $20 $44 $8,904 Agency residential collateralized mortgage obligations11,135 6 2,010 9,131 11,409 8 2,193 9,224 Agency residential mortgage-backed securities19,597 58 678 18,977 16,038 3 872 15,169 Agency commercial mortgage-backed securities 4,707 — 426 4,281 4,927 — 517 4,410 Total securities available for sale $43,786 $111 $3,146 $40,751 $41,302 $31 $3,626 $37,707 HELD-TO-MATURITY SECURITIESAgency residential collateralized mortgage obligations$4,452 $7 $246 $4,213 $4,577 $3 $332 $4,248 Agency residential mortgage-backed securities148 — 15 133 151 — 17 134 Agency commercial mortgage-backed securities2,300 1 171 2,130 2,333 — 203 2,130 Asset-backed securities (c)236 — 5 231 308 — 8 300 Other securities24 — 1 23 26 — 1 25 Total held-to-maturity securities$7,160 $8 438 $6,730 $7,395 $3 $561 $6,837 (a)Amortized cost amounts exclude accrued interest receivable which is recorded within “other assets” on the balance sheet. At March 31, 2025, accrued interest receivable on available for sale securities and held-to-maturity securities totaled $127 million and $20 million, respectively.  At December 31, 2024, accrued interest receivable on available for