Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 89

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 89
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 strategy to manage interest rate risk related to MSRs.The following tables provide the amortized cost, unrealized gains and losses and fair value for the major categories of the available-for-sale debt and other securities and held-to-maturity securities portfolios as of:March 31, 2025 ($ in millions)AmortizedCostUnrealizedGainsUnrealizedLossesFairValueAvailable-for-sale debt and other securities:U.S. Treasury and federal agencies securities$4,358 3 — 4,361 Mortgage-backed securities:Agency residential mortgage-backed securities7,250 2 (651)6,601 Agency commercial mortgage-backed securities23,659 2 (2,605)21,056 Non-agency commercial mortgage-backed securities3,997 — (291)3,706 Asset-backed securities and other debt securities3,357 2 (160)3,199 Other securities(a)824 — — 824 Total available-for-sale debt and other securities$43,445 9 (3,707)39,747 Held-to-maturity securities:(b)U.S. Treasury and federal agencies securities$2,387 1 (1)2,387 Mortgage-backed securities:Agency residential mortgage-backed securities4,811 — (105)4,706 Agency commercial mortgage-backed securities3,985 8 (16)3,977 Asset-backed securities and other debt securities2 — — 2 Total held-to-maturity securities$11,185 9 (122)11,072 (a)Other securities consist of FHLB, FRB and DTCC restricted stock holdings of $321, $501 and $2, respectively, at March 31, 2025, that are carried at cost.(b)The amortized cost basis includes a discount of $833 at March 31, 2025 pertaining to the remaining unamortized portion of unrealized losses on securities transferred to HTM.December 31, 2024 ($ in millions)AmortizedCostUnrealizedGainsUnrealizedLossesFairValueAvailable-for-sale debt and other securities:U.S. Treasury and federal agencies securities$4,358 2 — 4,360 Mortgage-backed securities:Agency residential mortgage-backed securities6,460 — (779)5,681 Agency commercial mortgage-backed securities23,853 1 (