Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 258

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 258
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, Agency RMBS, and Agency CMBS.(c)Amortized cost includes  $169 million of securities as of June 30, 2025, and $303 million of securities as of December 31, 2024, related to the purchase of senior notes from a securitization collateralized by sold indirect auto loans.

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The following table summarizes securities in an unrealized loss position for which an allowance for credit losses has not been recorded as of June 30, 2025, and December 31, 2024. Duration of Unrealized Loss Position   Less than 12 Months12 Months or LongerTotalDollars in millionsFairValueGrossUnrealizedLossesFairValueGrossUnrealizedLossesFairValueGrossUnrealizedLossesJune 30, 2025Securities available for sale:U.S Treasury, agencies, and corporations$2,607 $4 $519 $24 $3,126 $28 Agency residential collateralized mortgage obligations96 — 8,022 1,916 8,118 1,916 Agency residential mortgage-backed securities7,772 128 3,055 503 10,827 631 Agency commercial mortgage-backed securities47 — 4,096 391 4,143 391 Held-to-maturity securities:Agency residential collateralized mortgage obligations184 1 3,300 223 3,484 224 Agency residential mortgage-backed securities— — 129 15 129 15 Agency commercial mortgage-backed securities — — 2,033 165 2,033 165 Asset-backed securities— — 170 3 170 3 Other securities— — 6 — 6 — Total securities in an unrealized loss position$10,706 $133 $21,330 $3,240 $32,036 $3,373 December 31, 2024Securities available for sale:U.S. Treasury, agencies, and corporations$3,647 $8 $508 $36 $4,155 $44 Agency residential collateralized mortgage obligations91 — 8,108 2,193 8,199 2,193 Agency residential mortgage-backed securities11,364 254 3,145 618 14,509 872 Agency commercial mortgage-backed securities 50