Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 54

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 2
Chunk 54
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20252024Average loans outstanding$104,354 $111,034 Allowance for loan and lease losses at beginning of period1,409 1,508 Loans charged off:Commercial and industrial62 62 Commercial real estate:Commercial mortgage36 5 Construction— — Total commercial real estate loans(a)36 5 Commercial lease financing— — Total commercial loans98 67 Residential — prime loans:Real estate — residential mortgage1 1 Home equity loans1 1 Total residential — prime loans2 2 Other consumer loans14 16 Credit cards12 12 Total consumer loans28 30 Total loans charged off126 97 Recoveries:Commercial and industrial10 8 Commercial real estate:Commercial mortgage— — Construction— — Total commercial real estate loans(a)— — Commercial lease financing— 2 Total commercial loans10 10 Residential — prime loans:Real estate — residential mortgage1 2 Home equity loans1 1 Total residential — prime loans2 3 Other consumer loans2 2 Credit cards2 1 Total consumer loans6 6 Total recoveries16 16 Net loan charge-offs(110)(81)Provision (credit) for loan and lease losses130 115 Allowance for loan and lease losses at end of period$1,429 $1,542 Liability for credit losses on lending-related commitments at beginning of period290 296 Provision (credit) for losses on lending-related commitments(12)(14)Other— (1)Liability for credit losses on lending-related commitments at end of period(b)$278 $281 Total allowance for credit losses at end of period$1,707 $1,823 Net loan charge-offs to average total loans0.43 %0.29 %Allowance for loan and lease losses to period-end loans1.36 1.40 Allowance for credit losses to period-end loans1.63 1.66 Allowance for loan and lease losses to nonperforming loans208.3 234.3 Allowance for credit losses to nonperforming loans248.8 277.1 Discontinued operations — education lending business:Loans charged off$1 $1 Recoveries— — Net loan charge-offs$(1)$(1)

(a)See Figure 9 and the accompanying discussion