Company: TFC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000092230-25-000020
Chunk: 236

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 2
Chunk 236
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uist 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$356 $(2)$8,806 $(470)$9,162 $(472)GSE16 — 255 (34)271 (34)Agency MBS – residential258 (4)51,006 (9,696)51,264 (9,700)Agency MBS – commercial61 (2)2,185 (567)2,246 (569)States and political subdivisions35 — 243 (13)278 (13)Non-agency MBS— — 2,981 (717)2,981 (717)Other— — 20 — 20 — Total$726 $(8)$65,496 $(11,497)$66,222 $(11,505)HTM securities:      Agency MBS