Company: TFC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000092230-25-000020
Chunk: 417

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7A
Chunk 417
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1,604)OCI before reclassifications, net of tax(1,471)(78)(10,792)— (6)(12,347)AFS Securities transferred to HTM, net of tax— — 2,872 (2,872)— — Amounts reclassified from AOCI:     Before tax29 12 45 367 — 453 Tax effect7 3 10 83 — 103 Amounts reclassified, net of tax22 9 35 284 — 350 Total OCI, net of tax(1,449)(69)(10,757)284 (6)(11,997)AOCI balance, December 31, 2022(1,535)(78)(9,395)(2,588)(5)(13,601)OCI before reclassifications, net of tax406 (260)925 — 3 1,074 Amounts reclassified from AOCI:     Before tax65 49 (385)306 — 35 Tax effect15 11 (77)65 — 14 Amounts reclassified, net of tax50 38 (308)241 — 21 Total OCI, net of tax456 (222)617 241 3 1,095 AOCI balance, December 31, 2023$(1,079)$(300)$(8,778)$(2,347)$(2)$(12,506)OCI before reclassifications, net of tax(1)430 (835)(497)— (4)(906)Amounts reclassified from AOCI:     Before tax1 359 6,154 288— 6,802 Tax effect— 85 1,452 66— 1,603 Amounts reclassified, net of tax1 274 4,702 222 — 5,199 Total OCI, net of tax431 (561)4,205 222 (4)4,293 AOCI balance, December 31, 2024$(648)$(861)$(4,573)$(2,125)$(6)$(8,213)Primary income statement location of amounts reclassified from AOCIOther expenseNet interest incomeSecurities gains (losses) and Interest on securitiesInterest on securitiesOther income(1)Includes the impact of the rem