Company: TFC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000092230-25-000020
Chunk: 148

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 2
Chunk 148
---
 Financial Corporation   59

The following table presents a summary of the loans and leases by scheduled repayment period and interest rate terms. Determinations of maturities are based on scheduled repayments, except when rollovers or extensions are included for purposes of measuring the ACL. Truist’s credit policy typically does not permit automatic renewal of loans. At the scheduled maturity date (including balloon payment date), the client generally must request a new loan to replace the matured loan and execute either a new note or note modification with rate, terms, and conditions negotiated at that time.Table 17: Loan MaturitiesDecember 31, 2024(Dollars in millions)1 Year or Less1 to 5 Years5 to 15 YearsAfter 15 YearsTotalFixed rate:   Commercial:Commercial and industrial$11,084 $14,377 $10,589 $2,111 $38,161 CRE858 2,161 401 3 3,423 Commercial construction19 42 22 38 121 Total commercial11,961 16,580 11,012 2,152 41,705 Consumer:Residential mortgage1,560 6,276 17,113 23,743 48,692 Home equity313 956 1,604 409 3,282 Indirect auto5,514 15,958 1,617 — 23,089 Other consumer5,580 13,784 6,611 857 26,832 Total consumer12,967 36,974 26,945 25,009 101,895 Credit card266 — — — 266 Total fixed rate25,194 53,554 37,957 27,161 143,866 Variable rate:   Commercial:Commercial and industrial32,888 73,617 8,234 1,948 116,687 CRE5,139 10,982 813 6 16,940 Commercial construction3,321 4,956 121 1 8,399 Total commercial41,348 89,555 9,168 1,955 142,026 Consumer:Residential mortgage175 776 2,348 3,608 6,907 Home equity623 2,261 3,459 17 6,360 Indirect auto— — —