Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 105

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 8
Chunk 105
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 gains, net, in the Condensed Consolidated Statements of Income and related to certain securities in unrealized loss positions where the Bancorp had determined that it no longer intended to hold the securities until the recovery of their amortized cost bases. At both June 30, 2025 and December 31, 2024, the Bancorp did not recognize an allowance for credit losses for its investment securities. The Bancorp also did not recognize provision for credit losses for investment securities during both the three and six months ended June 30, 2025 and 2024.At June 30, 2025 and December 31, 2024, investment securities with a fair value of $28.8 billion and $30.0 billion, respectively, were pledged to secure borrowing capacity, public deposits, trust funds, derivative contracts and for other purposes as required or permitted by law.

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Table of ContentsFifth Third Bancorp and SubsidiariesNotes to Condensed Consolidated Financial Statements (unaudited)

The expected maturity distribution of the Bancorp’s mortgage-backed securities and the contractual maturity distribution of the remainder of the Bancorp’s available-for-sale debt and other securities and held-to-maturity securities as of June 30, 2025 are shown in the following table:($ in millions)Available-for-Sale Debt and OtherHeld-to-MaturityAmortized CostFair ValueAmortized CostFair ValueDebt securities:(a)Due in 1 year or less$3,630 3,618 630 630 Due after 1 year through 5 years14,562 13,882 2,776 2,795 Due after 5 years through 10 years16,869 14,924 7,837 7,737 Due after 10 years5,863 5,039 387 385 Other securities807 807 — — Total$41,731 38,270 11,630 11,547 (a)Actual maturities may differ from contractual maturities when a right to call or prepay obligations exists with or without call or prepayment penalties.The following table provides the fair value and gross unrealized losses on available-for-sale debt and other securities in an unrealized loss position, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position as of:Less than 12 months12 months or moreTotal($ in millions)Fair ValueUnrealizedLosses