Company: TFC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000092230-25-000020
Chunk: 390

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7A
Chunk 390
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 9 84 2,845 2,938 — 9 78 2,206 2,293 States and political subdivisions41 67 147 135 390 41 68 146 127 382 Other— 7 9 — 16 — 7 9 — 16 Total AFS securities$4,534 $9,537 $1,039 $58,723 $73,833 $4,555 $9,657 $1,006 $52,246 $67,464 HTM securities:Agency MBS – residential$— $— $— $50,640 $50,640 $— $— $— $40,286 $40,286 

114   Truist Financial Corporation

The following tables present the fair values and gross unrealized losses of investments based on the length of time that individual securities have been in a continuous unrealized loss position:Less than 12 months12 months or moreTotalDecember 31, 2024(Dollars in millions)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesAFS securities:      U.S. Treasury$1,579 $(6)$352 $(18)$1,931 $(24)GSE146 (4)230 (35)376 (39)Agency MBS – residential20,546 (322)26,788 (5,494)47,334 (5,816)Agency MBS – commercial105 (1)2,111 (644)2,216 (645)States and political subdivisions20 (1)202 (18)222 (19)Other— — 7 — 7 — Total$22,396 $(334)$29,690 $(6,209)$52,086 $(6,543)HTM securities:      Agency MBS – residential$— $— $40,286 $(10,354)$40,286 $(10,354)Less than 12 months12 months or moreTotalDecember 31, 2023(Dollars in millions)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesAFS securities:      U.S. Treasury