Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 181

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 181
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 Condition and Results of Operations (continued)

The following table provides an analysis of the residential mortgage portfolio loans outstanding by LTV at origination as of:

TABLE 32:  Residential Mortgage Portfolio Loans by LTV at OriginationMarch 31, 2025December 31, 2024($ in millions)OutstandingWeighted-Average LTVOutstandingWeighted-Average LTVLTV ≤ 80%$11,780 63.7  %$11,836 63.5 %LTV > 80%, with mortgage insurance(a)3,205 95.4 3,165 95.5 LTV > 80%, no mortgage insurance2,596 91.0 2,542 90.9 Total$17,581 73.7  %$17,543 73.5 %

(a)Includes loans with either borrower or lender paid mortgage insurance.

The following tables provide an analysis of the residential mortgage portfolio loans outstanding by state with a greater than 80% LTV at origination and no mortgage insurance:

TABLE 33:  Residential Mortgage Portfolio Loans, LTV Greater Than 80% at Origination, No Mortgage InsuranceAs of March 31, 2025 ($ in millions)Outstanding90 Days PastDue and AccruingNonaccrualBy State:Illinois$529 — 5 Ohio522 1 7 Florida473 — 2 North Carolina207 — 1 Indiana170 — 2 Michigan167 — 2 Kentucky130 — 1 All other states398 — 5 Total$2,596 1 25 

TABLE 34:  Residential Mortgage Portfolio Loans, LTV Greater Than 80% at Origination, No Mortgage InsuranceAs of December 31, 2024 ($ in millions)Outstanding90 Days PastDue and AccruingNonaccrualBy State:Illinois$518 — 5 Ohio518 1 7 Florida457 — 2 North Carolina202 — — Indiana165 — 2 Michigan167 — 2 Kentucky130 — 1 All other states385 — 5 Total$2,542 1 24 

Net charge-offs on residential mortgage loans with an LTV greater than 80% at origination and no mortgage insurance were immaterial for both the three months ended March