Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 239

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 239
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Commercial lease financing2,728 1 6 1 — 8 2,736 Total commercial loans$71,151 $53 $56 $66 $565 $740 $71,891 Real estate — residential mortgage$19,766 $20 $8 $— $92 $120 $19,886 Home equity loans6,232 26 8 3 89 126 6,358 Other consumer loans5,129 15 9 9 5 38 5,167 Credit cards928 6 5 12 7 30 958 Total consumer loans$32,055 $67 $30 $24 $193 $314 $32,369 Total loans$103,206 $120 $86 $90 $758 $1,054 $104,260 (a)Amounts in table represent amortized cost and exclude loans held for sale.(b)Accrued interest of $456 million presented in “Accrued income and other assets” on the Consolidated Balance Sheets is excluded from the amortized cost basis disclosed in this table.(c)Includes balances of $75 million in Commercial mortgage and $7 million in Real estate - residential mortgage associated with loans sold to GNMA that are 90 days or more past due where Key has the right but not the obligation to repurchase and whose payments are insured by the Federal Housing Administration or guaranteed by the United States Department of Veteran Affairs.(d)Net of unearned income, net of deferred fees and costs, and unamortized discounts and premiums.At June 30, 2025, the carrying amount of our commercial nonperforming loans outstanding represented 71% of their original contractual amount owed, total nonperforming loans outstanding represented 76% of their original contractual amount owed, and nonperforming assets in total were carried at 79% of their original contractual amount owed.Nonperforming loans reduced expected interest income by $13 million and $27 million for the three and six months ended June 30, 2025, respectively, and $13 million and $27 million for the three and six months ended June 30, 2024, respectively.The amortized cost basis of nonperforming loans on nonaccrual status for which there is no related allowance for credit losses was $348 million at June 30, 2025 and $381 million at December