Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 36

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 2
Chunk 36
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 postretirement benefit costs, net of deferred taxes(238)(303)Total Common Equity Tier 1 capital$16,549 $16,489 TIER 1 CAPITALCommon Equity Tier 1$16,549 $16,489 Additional Tier 1 capital instruments and related surplus2,446 2,445 Less:Deductions— — Total Tier 1 capital$18,995 $18,934 TIER 2 CAPITALTier 2 capital instruments and related surplus$1,710 $1,767 Allowance for losses on loans and liability for losses on lending-related commitments (c)1,717 1,635 Less:Deductions— — Total Tier 2 capital3,427 3,402 Total risk-based capital$22,422 $22,336 RISK-WEIGHTED ASSETS(e)Risk-weighted assets on balance sheet$106,826 $105,047 Risk-weighted off-balance sheet exposure32,302 31,883 Market risk-equivalent assets1,386 1,366 Gross risk-weighted assets140,514 138,296 Less:Excess allowance for loan and lease losses— — Net risk-weighted assets$140,514 $138,296 AVERAGE QUARTERLY TOTAL ASSETS$187,100 $188,855 CAPITAL RATIOS(e)Tier 1 risk-based capital13.52 %13.69 %Total risk-based capital15.96 %16.15 %Leverage (d)10.15 %10.03 %Common Equity Tier 111.78 %11.92 %

(a)Net of capital surplus.

(b)As of January 1, 2025, the CECL optional transition provision had been fully phased-in. Amounts prior to January 1, 2025, reflect Key's election to adopt the CECL optional transition  provision.

(c)The ALLL included in Tier 2 capital is limited by regulation to 1.25% of the institution’s standardized total risk-weighted assets (excluding its standardized market risk-weighted assets). The ALLL includes $13 million and $13 million of allowance classified as “discontinued assets” on the balance sheet at March 31, 2025, and December 31, 2024, respectively.

(d)This ratio is Tier 1 capital divided by