Company: KEY-PI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000091576-25-000110
Chunk: 35

Company: KEYCORP /NEW/
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 2
Chunk 35
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 calendar year.

Held-to-maturity securities

The majority of our held-to-maturity portfolio consists of Federal agency CMOs and mortgage-backed securities. This portfolio is also comprised of asset-backed securities and foreign bonds. Figure 15 shows the composition, yields, and remaining maturities of these securities.

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Figure 15. Held-to-Maturity Securities 

Dollars in millionsAgency Residential Collateralized Mortgage Obligations (a)Agency Residential Mortgage-backed Securities(a)Agency Commercial Mortgage-backed Securities(a)Asset-backed securitiesOtherSecuritiesTotalWeighted-Average Yield(b)June 30, 2025Remaining maturity:One year or less$65 $— $295 $170 $8 $538 2.39 %After one through five years1,267 96 911 1 16 2,291 3.30 After five through ten years2,646 7 232 2 — 2,887 3.71 After ten years327 41 830 — — 1,198 3.52 Amortized cost$4,305 $144 $2,268 $173 $24 $6,914 3.44 %Fair value$4,092 $129 $2,104 $170 $24 $6,519 Weighted-average yield(b)3.78 %2.82 %2.93 %2.08 %4.34 %3.44 %— Weighted-average maturity6.6 years7.0 years8.2 years0.9 years1.6 years7.0 years— December 31, 2024Amortized cost$4,577 $151 $2,333 $308 $26 $7,395 3.43 %Fair value4,248 134 2,130 300 25 6,837 

(a)Maturity is based upon expected average lives rather than contractual terms.

(b)Weighted-average yields are calculated based on amortized cost. Such yields have been adjusted to a TE basis using the statutory federal income tax rate in effect that calendar year.

Deposits and other sources of funds

Figure 16. Breakdown of Deposits at June 30, 2025

The following presents the breakdown of our deposits by product for the noted periods.

Dollars