Company: KEY-PI
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000091576-25-000058
Chunk: 99

Company: KEYCORP /NEW/
Filing Date: 2025-05-06
Form: 10-Q
Item: Item 2
Chunk 99
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 a securitization collateralized by sold indirect auto loans.

70

The following table summarizes securities in an unrealized loss position for which an allowance for credit losses has not been recorded as of March 31, 2025, and December 31, 2024. Duration of Unrealized Loss Position   Less than 12 Months12 Months or LongerTotalDollars in millionsFairValueGrossUnrealizedLossesFairValueGrossUnrealizedLossesFairValueGrossUnrealizedLossesMarch 31, 2025Securities available for sale:U.S Treasury, agencies, and corporations$2,646 $4 $516 $28 $3,162 $32 Agency residential collateralized mortgage obligations98 — 8,161 2,010 8,259 2,010 Agency residential mortgage-backed securities8,138 137 3,120 541 11,258 678 Agency commercial mortgage-backed securities48 — 4,233 426 4,281 426 Held-to-maturity securities:Agency residential collateralized mortgage obligations184 3 3,482 243 3,666 246 Agency residential mortgage-backed securities— — 133 15 133 15 Agency commercial mortgage-backed securities — — 2,059 171 2,059 171 Asset-backed securities— — 231 5 231 5 Other securities2 — 6 1 8 1 Total securities in an unrealized loss position$11,116 $144 $21,941 $3,440 $33,057 $3,584 December 31, 2024Securities available for sale:U.S. Treasury, agencies, and corporations$3,647 $8 $508 $36 $4,155 $44 Agency residential collateralized mortgage obligations91 — 8,108 2,193 8,199 2,193 Agency residential mortgage-backed securities11,364 254 3,145 618 14,509 872 Agency commercial mortgage-backed securities 50 1 4,360 516 4,410 517 Held-to-maturity securities:Agency residential collateralized mortgage obligations569 18 3,387 314 3,956 332 Agency residential mortgage-backed securities— — 134 17 134 17