Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 61

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 2
Chunk 61
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 loan charge-offs$(1)$— $(1)$(1)

(a)See Figure 9 and the accompanying discussion in the “Loans and loans held for sale” section for more information related to our commercial real estate loan portfolio.

(b)Included in "Accrued expense and other liabilities" on the balance sheet.

44

Nonperforming assets

Figure 30 shows the composition of our nonperforming assets. As shown in Figure 30, nonperforming assets at June 30, 2025, decreased $65 million from December 31, 2024. 

See Note 1 (“Summary of Significant Accounting Policies”) of our 2024 Form 10-K under the headings “Nonperforming Loans,” “Impaired Loans,” and “Allowance for Loan and Lease Losses” for a summary of our nonaccrual and charge-off policies.

Figure 30. Summary of Nonperforming Assets and Past Due Loans from Continuing Operations 

Dollars in millionsJune 30, 2025March 31, 2025December 31, 2024September 30, 2024June 30, 2024Commercial and industrial$280 $288 $322 $365 $358 Commercial real estate:Commercial mortgage226 206 243 176 173 Construction— — — — — Total commercial real estate loans(a)226 206 243 176 173 Commercial lease financing— — — — 1 Total commercial loans(b)506 494 565 541 532 Real estate — residential mortgage95 94 92 87 77 Home equity loans84 87 89 90 91 Other consumer loans4 4 5 4 4 Credit cards7 7 7 6 6 Total consumer loans190 192 193 187 178 Total nonperforming loans696 686 758 728 710 OREO11 14 14 13 17 Nonperforming loans held for sale— — — — — Other nonperforming assets— — — — — Total nonperforming assets$707 $700 $772 $741 $727 Accruing loans past due 90 days or more$74 $86 $90 $166 $137 Accruing loans past due 30 through 89 days