Company: FITBI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000035527-25-000137
Chunk: 230

Company: FIFTH THIRD BANCORP
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 1
Chunk 230
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 substandard, doubtful and loss. The five categories, which are derived from standard regulatory rating definitions, are assigned upon initial approval of credit to borrowers and updated periodically thereafter. The Bancorp defines term loans and leases as those having a fixed duration, repayment schedule and defined interest rate. For purposes of disclosing term loans by origination year, the Bancorp generally determines the origination date for loans and leases within the commercial portfolio as the date of the most recent credit decision or extension. Revolving and other loans include loans with revolving privileges and certain complex lending arrangements involving commitments made by the Bancorp under predefined terms, including loans with both revolving and non-revolving components, loans with delayed draw features or loans with interchangeable interest rate and repayment options that extend beyond the time of origination. 

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

The following tables present the amortized cost basis of the Bancorp’s commercial portfolio segment, by class and vintage, disaggregated by credit risk rating:As of March 31, 2025 ($ in millions)    Term Loans and Leases by Origination YearRevolving and Other Loans20252024202320222021PriorTotalCommercial and industrial loans:Pass$965 2,812 1,180 2,302 1,096 746 41,472 50,573 Special mention1 64 25 11 9 4 833 947 Substandard5 115 100 179 84 41 1,507 2,031 Doubtful— — — 2 — — 147 149 Total commercial and industrial loans$971 2,991 1,305 2,494 1,189 791 43,959 53,700 Commercial mortgage owner-occupied loans:Pass$312 777 761 798 609 578 1,827 5,662 Special mention— 14 6 15 11 2 43 91 Substandard12 56 41 34 30 43 241 457 Doubtful— — — — — — — — Total commercial mortgage owner-occupied loans$324 847 808 847 650 623 2,111 6,210 Commercial mortgage nonowner-occupied loans:Pass$110