Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 269

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 269
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3 — 3 Indirect secured consumer loans— 13 20 22 8 6 — — 69 Credit card— — — — — — 42 — 42 Solar energy installation loans— 6 25 13 — — — — 44 Other consumer loans— 2 8 13 4 7 16 1 51 Total residential mortgage and consumer loans$— 21 53 48 12 14 61 1 210 For the six months ended June 30, 2024($ in millions)Term Loans by Origination YearRevolving LoansRevolving Loans Converted to Term Loans20242023202220212020PriorTotalResidential mortgage loans$— — — — — 1 — — 1 Consumer loans:Home equity— — — — — — 3 — 3 Indirect secured consumer loans— 16 26 13 5 6 — — 66 Credit card— — — — — — 46 — 46 Solar energy installation loans— 8 6 — 5 9 — — 28 Other consumer loans— 5 13 6 10 9 16 2 61 Total residential mortgage and consumer loans$— 29 45 19 20 25 65 2 205 Collateral-Dependent Loans and LeasesThe Bancorp considers a loan or lease to be collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. When a loan or lease is collateral-dependent, its fair value is generally based on the fair value less cost to sell of the underlying collateral.The following table presents the amortized cost basis of the Bancorp’s collateral-dependent loans and leases, by portfolio class, as of:($ in millions)June 30,2025December 31,2024Commercial loans and leases:Commercial and industrial loans$416 325 Commercial mortgage owner-occupied loans28 63 Commercial mortgage nonowner-occupied loans7 4 Commercial construction loans— 1 Commercial leases— 2 Total commercial loans and leases$451 395 Residential mortgage loans141 131 Consumer loans:Home equity74 66 Indirect secured consumer loans