Company: KEY-PI
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000091576-25-000038
Chunk: 81

Company: KEYCORP /NEW/
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 81
---
184 $51 $34 $269 0.35 %Real estate — residential mortgage$— $— $1 $9 $10 0.05 %Home equity loans2 1 1 5 9 0.13 Other consumer loans— 1 — 2 3 0.05 Credit cards— — — 4 4 0.40 Total consumer loans$2 $2 $2 $20 $26 0.07 %Total loans$2 $186 $53 $54 $295 0.26 %(a)Combination modifications consist primarily of loans modified with both an interest rate reduction and a term extension.Financial Effects of Modifications to Borrowers Experiencing Financial DifficultyThe following table summarizes the financial impacts of loan modifications made to specific loans during the twelve months ended December 31, 2024. Twelve months ended December 31, 2024Weighted-average Interest Rate ChangeWeighted-average Term Extension (in years)LOAN TYPECommercial and Industrial(4.12)%1.75Commercial mortgage(1.49)%0.66Construction— %2.87Real estate — residential mortgage(1.81)%6.15Home equity loans(4.03)%6.53Other consumer loans(4.06)%0.77Credit cards(16.26)%1.00Twelve months ended December 31, 2023Weighted-average Interest Rate ChangeWeighted-average Term Extension (in years)LOAN TYPECommercial and Industrial(5.69)%0.59Commercial mortgage— %1.37Real estate — residential mortgage(1.97)%7.58Home equity loans(4.02)%6.87Other consumer loans(3.62)%1.01Credit cards(14.90)%1.00

131

Amortized Cost Basis of Modified Loans That Subsequently DefaultedTwelve months ended December 31, 2024Dollars in millionsInterest Rate ReductionTerm ExtensionOtherCombinationTotalLOAN TYPECommercial and Industrial$— $22 $— $1 $23 Commercial real estateCommercial mortgage11 — — 11 Construction— — — — — Total commercial real estate loans11 — — — 11 Commercial lease financing— — — — — Total commercial loans$11 $