Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 108

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 8
Chunk 108
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March 31,2025December 31,2024Commercial loans and leases:Commercial and industrial loans$493 325 Commercial mortgage owner-occupied loans47 63 Commercial mortgage nonowner-occupied loans7 4 Commercial construction loans— 1 Commercial leases16 2 Total commercial loans and leases$563 395 Residential mortgage loans136 131 Consumer loans:Home equity66 66 Indirect secured consumer loans35 30 Total consumer loans$101 96 Total portfolio loans and leases$800 622 

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

Nonperforming AssetsNonperforming assets include nonaccrual loans and leases for which ultimate collectability of the full amount of the principal and/or interest is uncertain and certain other assets, including OREO and other repossessed property.The following table presents the amortized cost basis of the Bancorp’s nonaccrual loans and leases, by class, and OREO and other repossessed property as of:March 31, 2025December 31, 2024 ($ in millions)With an ALLLNo RelatedALLLTotalWith an ALLLNo RelatedALLLTotalCommercial loans and leases:Commercial and industrial loans$439 98 537 265 109 374 Commercial mortgage owner-occupied loans59 3 62 52 23 75 Commercial mortgage nonowner-occupied loans4 4 8 — 4 4 Commercial construction loans— — — — 1 1 Commercial leases1 15 16 2 — 2 Total nonaccrual portfolio commercial loans and leases$503 120 623 319 137 456 Residential mortgage loans66 79 145 57 80 137 Consumer loans:Home equity20 49 69 21 49 70 Indirect secured consumer loans51 9 60 48 7 55 Credit card31 — 31 32 — 32 Solar energy installation loans30 — 30 64 — 64 Other consumer loans8 — 8 9 — 9 Total nonaccrual portfolio consumer loans$140 58 198 174 56 230 Total nonaccrual portfolio loans and leases(a)(b)$709 257 966