Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 44

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 7
Chunk 44
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 110 160 — Individuals8 19 — 11 24 — Total$75,137 138,099 623 73,293 136,898 456 By Loan Size:Less than $1 million5  %5 10 5 5 15 $1 million to $5 million7 5 6 7 5 10 $5 million to $10 million4 4 5 4 4 6 $10 million to $25 million13 11 26 13 11 22 $25 million to $50 million24 22 26 24 22 33 Greater than $50 million47 53 27 47 53 14 Total100  %100 100 100 100 100 By State:California10 %9 4 10 8 6 Ohio8 10 4 8 10 3 Texas8 9 1 8 9 1 Illinois8 7 3 8 8 5 Florida7 6 7 7 6 8 New York7 6 9 7 6 12 Michigan5 5 4 5 5 6 Georgia4 4 12 4 4 16 Indiana3 4 — 3 4 2 North Carolina3 3 1 3 3 1 Pennsylvania3 3 21 3 3 8 South Carolina3 2 — 3 2 — Other31 32 34 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. 

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