Company: FITBI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000035527-25-000171
Chunk: 202

Company: FIFTH THIRD BANCORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 202
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13 11 11 13 11 22 $25 million to $50 million24 21 30 24 22 33 Greater than $50 million47 54 35 47 53 14 Total100  %100 100 100 100 100 By State:California10 %9 4 10 8 6 Ohio8 10 2 8 10 3 Texas8 9 9 8 9 1 Illinois8 7 4 8 8 5 Florida7 7 4 7 6 8 New York7 6 10 7 6 12 Michigan5 5 5 5 5 6 Georgia4 4 13 4 4 16 Indiana3 3 1 3 4 2 Pennsylvania3 3 14 3 3 8 North Carolina3 3 1 3 3 1 South Carolina3 2 — 3 2 — Other31 32 33 31 32 32 Total100  %100 100 100 100 100 

The origination policies for commercial real estate outline the risks and underwriting requirements for owner and nonowner-occupied and construction lending. Included in the policies are maturity and amortization terms, maximum LTVs, minimum debt service coverage ratios, construction loan monitoring procedures, appraisal requirements, pre-leasing requirements (as applicable), pro forma analysis requirements and interest rate sensitivity. The Bancorp requires a valuation of real estate collateral, which may include third-party appraisals, be performed at the time of origination and renewal in accordance with regulatory requirements and on an as-needed basis when market conditions justify. The Bancorp maintains an appraisal review department to order and review third-party appraisals in accordance with regulatory requirements. 

35

Table of ContentsManagement’s Discussion and Analysis of Financial Condition and Results of Operations (continued)

Nonaccrual assets with relationships exceeding $1 million are reviewed quarterly to assess the appropriateness of the value ascribed in the assessment of charge-offs and specific reserves. Additionally, collateral values are also reviewed at least annually for all criticized assets.

The Bancorp assesses all real estate and non-real estate collateral securing a loan and considers all cross-collateralized loans in the calculation of the LTV ratio. The following tables provide detail on the most