Company: KEY-PI
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000091576-25-000038
Chunk: 69

Company: KEYCORP /NEW/
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 69
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16 — (4)1 13 Total ALLL — including discontinued operations$1,524 $341 $(530)$87 $1,422 (a)Excludes a credit related to reserves on lending-related commitments of $6 million. Twelve Months Ended December 31, 2023:Dollars in millionsDecember 31, 2022ProvisionCharge-offsRecoveriesDecember 31, 2023Commercial and Industrial $601 $99 $(188)$44 $556 Commercial real estate:Real estate — commercial mortgage203 253 (39)2 419 Real estate — construction28 23 — 1 52 Total commercial real estate loans231 276 (39)3 471 Commercial lease financing32 (4)— 5 33 Total commercial loans864 371 (227)52 1,060 Real estate — residential mortgage196 (37)(1)4 162 Home equity loans98 (13)(2)3 86 Other consumer loans113 52 (51)8 122 Credit cards66 42 (37)7 78 Total consumer loans473 44 (91)22 448 Total ALLL — continuing operations1,337 415 (a) (318)74 1,508 Discontinued operations21 (2)(4)1 16 Total ALLL — including discontinued operations$1,358 $413 $(322)$75 $1,524 (a)Excludes a provision related to reserves on lending-related commitments of $74 million.

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Twelve Months Ended December 31, 2022Dollars in millionsDecember 31, 2021Provision Charge-offsRecoveriesDecember 31, 2022Commercial and industrial$445 $259   $(153)$50 $601 Commercial real estate:Real estate — commercial mortgage182 39 (23)5 203 Real estate — construction29 (2)— 1 28 Total commercial real estate loans211 37 (23)6 231 Commercial lease financing32 (2)(2)4 32 Total commercial loans688 294 (178)60 864 Real estate — residential mortgage95 94 2 5 196 Home equity loans110 (14)(1)3 98 Other consumer loans107 34   (38