context
stringlengths
21
33.9k
category
stringclasses
2 values
entity
stringlengths
1
12
entity_type
stringclasses
5 values
query
stringlengths
97
3.31k
answer
stringlengths
12
169
(c) Standby letters of credit are presented excluding participations. The Corporation has established a liability of $ 2 million and $ 3 million at December 31, 2023 and 2022, respectively, as an estimate of the fair value of these financial instruments.
text
2
monetaryItemType
text: <entity> 2 </entity> <entity type> monetaryItemType </entity type> <context> (c) Standby letters of credit are presented excluding participations. The Corporation has established a liability of $ 2 million and $ 3 million at December 31, 2023 and 2022, respectively, as an estimate of the fair value of these finan...
us-gaap:LinesOfCreditFairValueDisclosure
(c) Standby letters of credit are presented excluding participations. The Corporation has established a liability of $ 2 million and $ 3 million at December 31, 2023 and 2022, respectively, as an estimate of the fair value of these financial instruments.
text
3
monetaryItemType
text: <entity> 3 </entity> <entity type> monetaryItemType </entity type> <context> (c) Standby letters of credit are presented excluding participations. The Corporation has established a liability of $ 2 million and $ 3 million at December 31, 2023 and 2022, respectively, as an estimate of the fair value of these finan...
us-gaap:LinesOfCreditFairValueDisclosure
The Corporation invests in qualified affordable housing projects, historic projects, new market projects, and opportunity zone funds for the purpose of community reinvestment and obtaining tax credits and other tax benefits. Return on the Corporation's investment in these projects and funds comes in the form of the tax...
text
219
monetaryItemType
text: <entity> 219 </entity> <entity type> monetaryItemType </entity type> <context> The Corporation invests in qualified affordable housing projects, historic projects, new market projects, and opportunity zone funds for the purpose of community reinvestment and obtaining tax credits and other tax benefits. Return on ...
us-gaap:OtherInvestments
The Corporation invests in qualified affordable housing projects, historic projects, new market projects, and opportunity zone funds for the purpose of community reinvestment and obtaining tax credits and other tax benefits. Return on the Corporation's investment in these projects and funds comes in the form of the tax...
text
250
monetaryItemType
text: <entity> 250 </entity> <entity type> monetaryItemType </entity type> <context> The Corporation invests in qualified affordable housing projects, historic projects, new market projects, and opportunity zone funds for the purpose of community reinvestment and obtaining tax credits and other tax benefits. Return on ...
us-gaap:OtherInvestments
Under the proportional amortization method, the Corporation amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits. The Corporation recognized additional income tax expense attributable to the amortization of investments in qualified affordable housing projects of $ 34 mill...
text
34
monetaryItemType
text: <entity> 34 </entity> <entity type> monetaryItemType </entity type> <context> Under the proportional amortization method, the Corporation amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits. The Corporation recognized additional income tax expense attributable to t...
us-gaap:AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization
Under the proportional amortization method, the Corporation amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits. The Corporation recognized additional income tax expense attributable to the amortization of investments in qualified affordable housing projects of $ 34 mill...
text
33
monetaryItemType
text: <entity> 33 </entity> <entity type> monetaryItemType </entity type> <context> Under the proportional amortization method, the Corporation amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits. The Corporation recognized additional income tax expense attributable to t...
us-gaap:AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization
The Corporation has principal investment commitments to provide capital-based financing to private companies through either direct investment in specific companies or through investment funds and partnerships. The timing of future cash requirements to fund such principal investment commitments is generally dependent on...
text
40
monetaryItemType
text: <entity> 40 </entity> <entity type> monetaryItemType </entity type> <context> The Corporation has principal investment commitments to provide capital-based financing to private companies through either direct investment in specific companies or through investment funds and partnerships. The timing of future cash ...
us-gaap:OtherInvestments
The Corporation has principal investment commitments to provide capital-based financing to private companies through either direct investment in specific companies or through investment funds and partnerships. The timing of future cash requirements to fund such principal investment commitments is generally dependent on...
text
27
monetaryItemType
text: <entity> 27 </entity> <entity type> monetaryItemType </entity type> <context> The Corporation has principal investment commitments to provide capital-based financing to private companies through either direct investment in specific companies or through investment funds and partnerships. The timing of future cash ...
us-gaap:OtherInvestments
(c) The commitment on standby letters of credit was $ 212 million and $ 271 million at December 31, 2023 and 2022, respectively. See Note 16 for additional information on the standby letters of credit and for information on the fair value of lending-related commitments.
text
212
monetaryItemType
text: <entity> 212 </entity> <entity type> monetaryItemType </entity type> <context> (c) The commitment on standby letters of credit was $ 212 million and $ 271 million at December 31, 2023 and 2022, respectively. See Note 16 for additional information on the standby letters of credit and for information on the fair va...
us-gaap:LettersOfCreditOutstandingAmount
(c) The commitment on standby letters of credit was $ 212 million and $ 271 million at December 31, 2023 and 2022, respectively. See Note 16 for additional information on the standby letters of credit and for information on the fair value of lending-related commitments.
text
271
monetaryItemType
text: <entity> 271 </entity> <entity type> monetaryItemType </entity type> <context> (c) The commitment on standby letters of credit was $ 212 million and $ 271 million at December 31, 2023 and 2022, respectively. See Note 16 for additional information on the standby letters of credit and for information on the fair va...
us-gaap:LettersOfCreditOutstandingAmount
Approximately 3 million anti-dilutive common stock options were excluded from the earnings per share calculation at December 31, 2023, 2 million at December 31, 2022, and 3 million at December 31, 2021.
text
3
sharesItemType
text: <entity> 3 </entity> <entity type> sharesItemType </entity type> <context> Approximately 3 million anti-dilutive common stock options were excluded from the earnings per share calculation at December 31, 2023, 2 million at December 31, 2022, and 3 million at December 31, 2021. </context>
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
Approximately 3 million anti-dilutive common stock options were excluded from the earnings per share calculation at December 31, 2023, 2 million at December 31, 2022, and 3 million at December 31, 2021.
text
2
sharesItemType
text: <entity> 2 </entity> <entity type> sharesItemType </entity type> <context> Approximately 3 million anti-dilutive common stock options were excluded from the earnings per share calculation at December 31, 2023, 2 million at December 31, 2022, and 3 million at December 31, 2021. </context>
us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
The Corporation utilizes a risk-based internal profitability measurement system to provide strategic business unit reporting. The profitability measurement system is based on internal management methodologies designed to produce consistent results and reflect the underlying economics of the units. Certain strategic bus...
text
three
integerItemType
text: <entity> three </entity> <entity type> integerItemType </entity type> <context> The Corporation utilizes a risk-based internal profitability measurement system to provide strategic business unit reporting. The profitability measurement system is based on internal management methodologies designed to produce consi...
us-gaap:NumberOfReportableSegments
On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The Board of Directors also declared a regular quarterly cash dividend of $ 0.3671875 per depo...
text
0.22
perShareItemType
text: <entity> 0.22 </entity> <entity type> perShareItemType </entity type> <context> On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The Boar...
us-gaap:CommonStockDividendsPerShareDeclared
On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The Board of Directors also declared a regular quarterly cash dividend of $ 0.3671875 per depo...
text
0.3671875
perShareItemType
text: <entity> 0.3671875 </entity> <entity type> perShareItemType </entity type> <context> On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The...
us-gaap:PreferredStockDividendsPerShareDeclared
On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The Board of Directors also declared a regular quarterly cash dividend of $ 0.3671875 per depo...
text
5.875
percentItemType
text: <entity> 5.875 </entity> <entity type> percentItemType </entity type> <context> On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The Boar...
us-gaap:PreferredStockDividendRatePercentage
On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The Board of Directors also declared a regular quarterly cash dividend of $ 0.3671875 per depo...
text
0.3515625
perShareItemType
text: <entity> 0.3515625 </entity> <entity type> perShareItemType </entity type> <context> On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The...
us-gaap:PreferredStockDividendsPerShareDeclared
On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The Board of Directors also declared a regular quarterly cash dividend of $ 0.3671875 per depo...
text
5.625
percentItemType
text: <entity> 5.625 </entity> <entity type> percentItemType </entity type> <context> On January 30, 2024 , the Corporation's Board of Directors declared a regular quarterly cash dividend of $ 0.22 per common share, payable on March 15, 2024 to shareholders of record at the close of business on March 1, 2024 . The Boar...
us-gaap:PreferredStockDividendRatePercentage
On February 18, 2022, CBNA closed on its HSBC transaction, which included 66 branches in the New York City metropolitan area, 9 branches in the Mid-Atlantic/Washington D.C. area, and 5 branches in Southeast Florida. The acquired liabilities and assets included approximately $ 6.3 billion in deposits and $ 1.5 billion i...
text
120
monetaryItemType
text: <entity> 120 </entity> <entity type> monetaryItemType </entity type> <context> On February 18, 2022, CBNA closed on its HSBC transaction, which included 66 branches in the New York City metropolitan area, 9 branches in the Mid-Atlantic/Washington D.C. area, and 5 branches in Southeast Florida. The acquired liabil...
us-gaap:Goodwill
Upon closing of the acquisition, each share of Investors common stock was converted into 0.297 of a share of the Company’s common stock. This conversion, coupled with the conversion of equity awards noted below under “Share-Based Compensation Activity”, resulted in an increase of approximately 73.6 million basic and di...
text
73.6
sharesItemType
text: <entity> 73.6 </entity> <entity type> sharesItemType </entity type> <context> Upon closing of the acquisition, each share of Investors common stock was converted into 0.297 of a share of the Company’s common stock. This conversion, coupled with the conversion of equity awards noted below under “Share-Based Compen...
us-gaap:BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
Under the terms of the merger agreement with Investors, stock options and restricted shares granted by Investors that were outstanding as of April 6, 2022 were converted into CFG awards and remained subject to their original terms and conditions. Citizens issued 1,151,301 stock options and 259,316 restricted shares in ...
text
1151301
sharesItemType
text: <entity> 1151301 </entity> <entity type> sharesItemType </entity type> <context> Under the terms of the merger agreement with Investors, stock options and restricted shares granted by Investors that were outstanding as of April 6, 2022 were converted into CFG awards and remained subject to their original terms an...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
Under the terms of the merger agreement with Investors, stock options and restricted shares granted by Investors that were outstanding as of April 6, 2022 were converted into CFG awards and remained subject to their original terms and conditions. Citizens issued 1,151,301 stock options and 259,316 restricted shares in ...
text
259316
sharesItemType
text: <entity> 259316 </entity> <entity type> sharesItemType </entity type> <context> Under the terms of the merger agreement with Investors, stock options and restricted shares granted by Investors that were outstanding as of April 6, 2022 were converted into CFG awards and remained subject to their original terms and...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
Goodwill of $ 887 million recorded in connection with the acquisition resulted from the expected synergies, operational efficiencies and expertise of Investors. The amount of goodwill recorded reflected the increased market share and related synergies that resulted from the acquisition, and represents the excess purcha...
text
887
monetaryItemType
text: <entity> 887 </entity> <entity type> monetaryItemType </entity type> <context> Goodwill of $ 887 million recorded in connection with the acquisition resulted from the expected synergies, operational efficiencies and expertise of Investors. The amount of goodwill recorded reflected the increased market share and r...
us-gaap:Goodwill
Excludes the acceleration of one-time executive compensation and Employee Stock Ownership Plan expenses of $ 122 million incurred by Investors in the first quarter of 2022.
text
122
monetaryItemType
text: <entity> 122 </entity> <entity type> monetaryItemType </entity type> <context> Excludes the acceleration of one-time executive compensation and Employee Stock Ownership Plan expenses of $ 122 million incurred by Investors in the first quarter of 2022. </context>
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
In addition, the supplemental pro forma financial information includes non-recurring acquisition-related costs of $ 335 million incurred during the year ended December 31, 2022, as summarized in the following table. These costs, along with the $ 13 million incurred during 2021, are included in the first quarter of 2021...
text
335
monetaryItemType
text: <entity> 335 </entity> <entity type> monetaryItemType </entity type> <context> In addition, the supplemental pro forma financial information includes non-recurring acquisition-related costs of $ 335 million incurred during the year ended December 31, 2022, as summarized in the following table. These costs, along ...
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
In addition, the supplemental pro forma financial information includes non-recurring acquisition-related costs of $ 335 million incurred during the year ended December 31, 2022, as summarized in the following table. These costs, along with the $ 13 million incurred during 2021, are included in the first quarter of 2021...
text
13
monetaryItemType
text: <entity> 13 </entity> <entity type> monetaryItemType </entity type> <context> In addition, the supplemental pro forma financial information includes non-recurring acquisition-related costs of $ 335 million incurred during the year ended December 31, 2022, as summarized in the following table. These costs, along w...
us-gaap:BusinessCombinationAcquisitionRelatedCosts
Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection with the identification of more-than-insignificant deterioration in credit quality in...
text
101
monetaryItemType
text: <entity> 101 </entity> <entity type> monetaryItemType </entity type> <context> Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection ...
us-gaap:FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection with the identification of more-than-insignificant deterioration in credit quality in...
text
15.6
monetaryItemType
text: <entity> 15.6 </entity> <entity type> monetaryItemType </entity type> <context> Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection...
us-gaap:BusinessCombinationAcquiredReceivablesFairValue
Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection with the identification of more-than-insignificant deterioration in credit quality in...
text
4.5
monetaryItemType
text: <entity> 4.5 </entity> <entity type> monetaryItemType </entity type> <context> Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection ...
us-gaap:BusinessCombinationAcquiredReceivablesFairValue
Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection with the identification of more-than-insignificant deterioration in credit quality in...
text
15.9
monetaryItemType
text: <entity> 15.9 </entity> <entity type> monetaryItemType </entity type> <context> Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection...
us-gaap:BusinessCombinationAcquiredReceivablesGrossContractualAmount
Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection with the identification of more-than-insignificant deterioration in credit quality in...
text
4.7
monetaryItemType
text: <entity> 4.7 </entity> <entity type> monetaryItemType </entity type> <context> Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection ...
us-gaap:BusinessCombinationAcquiredReceivablesGrossContractualAmount
Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection with the identification of more-than-insignificant deterioration in credit quality in...
text
145
monetaryItemType
text: <entity> 145 </entity> <entity type> monetaryItemType </entity type> <context> Under CECL, the Company is required to determine whether purchased loans held for investment have experienced more-than-insignificant deterioration in credit quality since origination. A variety of factors are considered in connection ...
us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
Excludes portfolio level basis adjustments of $ 60 million for securities designated in active fair value hedge relationships. The basis adjustments represent a reduction to the amortized cost of the securities being hedged.
text
60
monetaryItemType
text: <entity> 60 </entity> <entity type> monetaryItemType </entity type> <context> Excludes portfolio level basis adjustments of $ 60 million for securities designated in active fair value hedge relationships. The basis adjustments represent a reduction to the amortized cost of the securities being hedged. </context>
us-gaap:HedgedAssetFairValueHedgePortfolioLayerMethodCumulativeIncreaseDecreaseExcludedFromAmortizedCost
Taxable interest income from investment securities as presented in the Consolidated Statements of Operations was $ 1.2 billion, $ 840 million and $ 487 million for the years ended December 31, 2023, 2022 and 2021, respectively.
text
1.2
monetaryItemType
text: <entity> 1.2 </entity> <entity type> monetaryItemType </entity type> <context> Taxable interest income from investment securities as presented in the Consolidated Statements of Operations was $ 1.2 billion, $ 840 million and $ 487 million for the years ended December 31, 2023, 2022 and 2021, respectively. </conte...
us-gaap:InterestIncomeSecuritiesTaxable
Taxable interest income from investment securities as presented in the Consolidated Statements of Operations was $ 1.2 billion, $ 840 million and $ 487 million for the years ended December 31, 2023, 2022 and 2021, respectively.
text
840
monetaryItemType
text: <entity> 840 </entity> <entity type> monetaryItemType </entity type> <context> Taxable interest income from investment securities as presented in the Consolidated Statements of Operations was $ 1.2 billion, $ 840 million and $ 487 million for the years ended December 31, 2023, 2022 and 2021, respectively. </conte...
us-gaap:InterestIncomeSecuritiesTaxable
Taxable interest income from investment securities as presented in the Consolidated Statements of Operations was $ 1.2 billion, $ 840 million and $ 487 million for the years ended December 31, 2023, 2022 and 2021, respectively.
text
487
monetaryItemType
text: <entity> 487 </entity> <entity type> monetaryItemType </entity type> <context> Taxable interest income from investment securities as presented in the Consolidated Statements of Operations was $ 1.2 billion, $ 840 million and $ 487 million for the years ended December 31, 2023, 2022 and 2021, respectively. </conte...
us-gaap:InterestIncomeSecuritiesTaxable
Securitizations of mortgage loans retained in the investment portfolio for the years ended December 31, 2023 and 2022 were $ 102 million and $ 143 million, respectively. These securitizations include a substantive guarantee by a third party. The guarantors were FNMA and FHLMC in 2023 and 2022. The debt securities recei...
text
102
monetaryItemType
text: <entity> 102 </entity> <entity type> monetaryItemType </entity type> <context> Securitizations of mortgage loans retained in the investment portfolio for the years ended December 31, 2023 and 2022 were $ 102 million and $ 143 million, respectively. These securitizations include a substantive guarantee by a third ...
us-gaap:ProceedsFromSecuritizationsOfLoansHeldForSale
Securitizations of mortgage loans retained in the investment portfolio for the years ended December 31, 2023 and 2022 were $ 102 million and $ 143 million, respectively. These securitizations include a substantive guarantee by a third party. The guarantors were FNMA and FHLMC in 2023 and 2022. The debt securities recei...
text
143
monetaryItemType
text: <entity> 143 </entity> <entity type> monetaryItemType </entity type> <context> Securitizations of mortgage loans retained in the investment portfolio for the years ended December 31, 2023 and 2022 were $ 102 million and $ 143 million, respectively. These securitizations include a substantive guarantee by a third ...
us-gaap:ProceedsFromSecuritizationsOfLoansHeldForSale
Accrued interest receivable on loans and leases held for investment totaled $ 875 million and $ 820 million as of December 31, 2023 and 2022, respectively, and is included in other assets in the Consolidated Balance Sheets.
text
875
monetaryItemType
text: <entity> 875 </entity> <entity type> monetaryItemType </entity type> <context> Accrued interest receivable on loans and leases held for investment totaled $ 875 million and $ 820 million as of December 31, 2023 and 2022, respectively, and is included in other assets in the Consolidated Balance Sheets. </context>
us-gaap:InterestReceivable
Accrued interest receivable on loans and leases held for investment totaled $ 875 million and $ 820 million as of December 31, 2023 and 2022, respectively, and is included in other assets in the Consolidated Balance Sheets.
text
820
monetaryItemType
text: <entity> 820 </entity> <entity type> monetaryItemType </entity type> <context> Accrued interest receivable on loans and leases held for investment totaled $ 875 million and $ 820 million as of December 31, 2023 and 2022, respectively, and is included in other assets in the Consolidated Balance Sheets. </context>
us-gaap:InterestReceivable
Loans pledged as collateral for FHLB borrowing capacity, primarily residential mortgages and home equity products, totaled $ 36.0 billion and $ 38.4 billion at December 31, 2023 and 2022, respectively. Loans pledged as collateral to support the contingent ability to borrow at the FRB discount window, if necessary, were...
text
36.0
monetaryItemType
text: <entity> 36.0 </entity> <entity type> monetaryItemType </entity type> <context> Loans pledged as collateral for FHLB borrowing capacity, primarily residential mortgages and home equity products, totaled $ 36.0 billion and $ 38.4 billion at December 31, 2023 and 2022, respectively. Loans pledged as collateral to s...
us-gaap:FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
Loans pledged as collateral for FHLB borrowing capacity, primarily residential mortgages and home equity products, totaled $ 36.0 billion and $ 38.4 billion at December 31, 2023 and 2022, respectively. Loans pledged as collateral to support the contingent ability to borrow at the FRB discount window, if necessary, were...
text
38.4
monetaryItemType
text: <entity> 38.4 </entity> <entity type> monetaryItemType </entity type> <context> Loans pledged as collateral for FHLB borrowing capacity, primarily residential mortgages and home equity products, totaled $ 36.0 billion and $ 38.4 billion at December 31, 2023 and 2022, respectively. Loans pledged as collateral to s...
us-gaap:FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
Loans pledged as collateral for FHLB borrowing capacity, primarily residential mortgages and home equity products, totaled $ 36.0 billion and $ 38.4 billion at December 31, 2023 and 2022, respectively. Loans pledged as collateral to support the contingent ability to borrow at the FRB discount window, if necessary, were...
text
31.9
monetaryItemType
text: <entity> 31.9 </entity> <entity type> monetaryItemType </entity type> <context> Loans pledged as collateral for FHLB borrowing capacity, primarily residential mortgages and home equity products, totaled $ 36.0 billion and $ 38.4 billion at December 31, 2023 and 2022, respectively. Loans pledged as collateral to s...
us-gaap:FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
Loans pledged as collateral for FHLB borrowing capacity, primarily residential mortgages and home equity products, totaled $ 36.0 billion and $ 38.4 billion at December 31, 2023 and 2022, respectively. Loans pledged as collateral to support the contingent ability to borrow at the FRB discount window, if necessary, were...
text
34.8
monetaryItemType
text: <entity> 34.8 </entity> <entity type> monetaryItemType </entity type> <context> Loans pledged as collateral for FHLB borrowing capacity, primarily residential mortgages and home equity products, totaled $ 36.0 billion and $ 38.4 billion at December 31, 2023 and 2022, respectively. Loans pledged as collateral to s...
us-gaap:FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
Interest income on direct financing and sales-type leases for the years ended December 31, 2023, 2022 and 2021 was $ 46 million, $ 46 million and $ 49 million, respectively, and is reported within interest and fees on loans and leases in the Consolidated Statements of Operations.
text
46
monetaryItemType
text: <entity> 46 </entity> <entity type> monetaryItemType </entity type> <context> Interest income on direct financing and sales-type leases for the years ended December 31, 2023, 2022 and 2021 was $ 46 million, $ 46 million and $ 49 million, respectively, and is reported within interest and fees on loans and leases i...
us-gaap:DirectFinancingLeaseInterestIncome
Interest income on direct financing and sales-type leases for the years ended December 31, 2023, 2022 and 2021 was $ 46 million, $ 46 million and $ 49 million, respectively, and is reported within interest and fees on loans and leases in the Consolidated Statements of Operations.
text
49
monetaryItemType
text: <entity> 49 </entity> <entity type> monetaryItemType </entity type> <context> Interest income on direct financing and sales-type leases for the years ended December 31, 2023, 2022 and 2021 was $ 46 million, $ 46 million and $ 49 million, respectively, and is reported within interest and fees on loans and leases i...
us-gaap:DirectFinancingLeaseInterestIncome
Loans and leases that do not share similar risk characteristics are individually assessed for expected credit losses. Nonaccrual commercial and industrial, and commercial real estate loans with an outstanding balance of $ 5 million or greater are assessed on an individual loan level basis. Generally, measurement of the...
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> Loans and leases that do not share similar risk characteristics are individually assessed for expected credit losses. Nonaccrual commercial and industrial, and commercial real estate loans with an outstanding balance of $ 5 million or gr...
us-gaap:FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
Collateral values for residential mortgage and home equity loans are based on appraisals, which are updated every 90 days at a minimum, less estimated costs to sell. At December 31, 2023 and 2022, the Company had collateral-dependent residential mortgage and home equity loans totaling $ 556 million and $ 561 million, r...
text
556
monetaryItemType
text: <entity> 556 </entity> <entity type> monetaryItemType </entity type> <context> Collateral values for residential mortgage and home equity loans are based on appraisals, which are updated every 90 days at a minimum, less estimated costs to sell. At December 31, 2023 and 2022, the Company had collateral-dependent r...
us-gaap:FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
Collateral values for residential mortgage and home equity loans are based on appraisals, which are updated every 90 days at a minimum, less estimated costs to sell. At December 31, 2023 and 2022, the Company had collateral-dependent residential mortgage and home equity loans totaling $ 556 million and $ 561 million, r...
text
561
monetaryItemType
text: <entity> 561 </entity> <entity type> monetaryItemType </entity type> <context> Collateral values for residential mortgage and home equity loans are based on appraisals, which are updated every 90 days at a minimum, less estimated costs to sell. At December 31, 2023 and 2022, the Company had collateral-dependent r...
us-gaap:FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
Commercial loans are secured by various types of collateral, including real estate, inventory, equipment, accounts receivable, securities and cash, among others. Collateral values are generally based on appraisals for commercial real estate loans, which are updated based on management judgment on a case-by-case basis. ...
text
233
monetaryItemType
text: <entity> 233 </entity> <entity type> monetaryItemType </entity type> <context> Commercial loans are secured by various types of collateral, including real estate, inventory, equipment, accounts receivable, securities and cash, among others. Collateral values are generally based on appraisals for commercial real e...
us-gaap:FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
Commercial loans are secured by various types of collateral, including real estate, inventory, equipment, accounts receivable, securities and cash, among others. Collateral values are generally based on appraisals for commercial real estate loans, which are updated based on management judgment on a case-by-case basis. ...
text
21
monetaryItemType
text: <entity> 21 </entity> <entity type> monetaryItemType </entity type> <context> Commercial loans are secured by various types of collateral, including real estate, inventory, equipment, accounts receivable, securities and cash, among others. Collateral values are generally based on appraisals for commercial real es...
us-gaap:FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
During the year ended December 31, 2023, net charge-offs of $ 609 million and a provision for expected credit losses of $ 687 million resulted in an increase of $ 78 million to the ACL.
text
609
monetaryItemType
text: <entity> 609 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, net charge-offs of $ 609 million and a provision for expected credit losses of $ 687 million resulted in an increase of $ 78 million to the ACL. </context>
us-gaap:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
During the year ended December 31, 2023, net charge-offs of $ 609 million and a provision for expected credit losses of $ 687 million resulted in an increase of $ 78 million to the ACL.
text
78
monetaryItemType
text: <entity> 78 </entity> <entity type> monetaryItemType </entity type> <context> During the year ended December 31, 2023, net charge-offs of $ 609 million and a provision for expected credit losses of $ 687 million resulted in an increase of $ 78 million to the ACL. </context>
us-gaap:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease
Excludes $ 34 million of charge-offs previously taken by Investors or recognized upon completion of the Investors acquisition under purchase accounting for the year ended December 31, 2022. The initial allowance for loan and lease losses on PCD assets included these amounts and, after charging these amounts off upon ac...
text
34
monetaryItemType
text: <entity> 34 </entity> <entity type> monetaryItemType </entity type> <context> Excludes $ 34 million of charge-offs previously taken by Investors or recognized upon completion of the Investors acquisition under purchase accounting for the year ended December 31, 2022. The initial allowance for loan and lease losse...
us-gaap:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
Excludes $ 34 million of charge-offs previously taken by Investors or recognized upon completion of the Investors acquisition under purchase accounting for the year ended December 31, 2022. The initial allowance for loan and lease losses on PCD assets included these amounts and, after charging these amounts off upon ac...
text
101
monetaryItemType
text: <entity> 101 </entity> <entity type> monetaryItemType </entity type> <context> Excludes $ 34 million of charge-offs previously taken by Investors or recognized upon completion of the Investors acquisition under purchase accounting for the year ended December 31, 2022. The initial allowance for loan and lease loss...
us-gaap:FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
Includes $ 169 million of initial provision expense related to non-PCD loans and leases acquired from HSBC and Investors for the year ended December 31, 2022.
text
169
monetaryItemType
text: <entity> 169 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 169 million of initial provision expense related to non-PCD loans and leases acquired from HSBC and Investors for the year ended December 31, 2022. </context>
us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
Unfunded commitments related to loans modified during the year ended December 31, 2023 were $ 221 million at December 31, 2023.
text
221
monetaryItemType
text: <entity> 221 </entity> <entity type> monetaryItemType </entity type> <context> Unfunded commitments related to loans modified during the year ended December 31, 2023 were $ 221 million at December 31, 2023. </context>
us-gaap:LoansAndLeasesReceivableImpairedCommitmentToLend
Modified TDRs resulted in charge-offs of $ 3 million for the year ended December 31, 2022. Unfunded commitments related to TDRs were $ 81 million at December 31, 2022.
text
3
monetaryItemType
text: <entity> 3 </entity> <entity type> monetaryItemType </entity type> <context> Modified TDRs resulted in charge-offs of $ 3 million for the year ended December 31, 2022. Unfunded commitments related to TDRs were $ 81 million at December 31, 2022. </context>
us-gaap:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
Modified TDRs resulted in charge-offs of $ 3 million for the year ended December 31, 2022. Unfunded commitments related to TDRs were $ 81 million at December 31, 2022.
text
81
monetaryItemType
text: <entity> 81 </entity> <entity type> monetaryItemType </entity type> <context> Modified TDRs resulted in charge-offs of $ 3 million for the year ended December 31, 2022. Unfunded commitments related to TDRs were $ 81 million at December 31, 2022. </context>
us-gaap:LoansAndLeasesReceivableImpairedCommitmentToLend
Includes $ 187 million of loans fully or partially government guaranteed by the FHA, VA, and USDA.
text
187
monetaryItemType
text: <entity> 187 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 187 million of loans fully or partially government guaranteed by the FHA, VA, and USDA. </context>
us-gaap:FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
Depreciation charged to noninterest expense totaled $ 115 million, $ 107 million and $ 98 million for the years ended December 31, 2023, 2022 and 2021, respectively, and is presented in the Consolidated Statements of Operations in either occupancy or equipment expense, as applicable.
text
115
monetaryItemType
text: <entity> 115 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation charged to noninterest expense totaled $ 115 million, $ 107 million and $ 98 million for the years ended December 31, 2023, 2022 and 2021, respectively, and is presented in the Consolidated Statements of Operations in eith...
us-gaap:Depreciation
Depreciation charged to noninterest expense totaled $ 115 million, $ 107 million and $ 98 million for the years ended December 31, 2023, 2022 and 2021, respectively, and is presented in the Consolidated Statements of Operations in either occupancy or equipment expense, as applicable.
text
107
monetaryItemType
text: <entity> 107 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation charged to noninterest expense totaled $ 115 million, $ 107 million and $ 98 million for the years ended December 31, 2023, 2022 and 2021, respectively, and is presented in the Consolidated Statements of Operations in eith...
us-gaap:Depreciation
Depreciation charged to noninterest expense totaled $ 115 million, $ 107 million and $ 98 million for the years ended December 31, 2023, 2022 and 2021, respectively, and is presented in the Consolidated Statements of Operations in either occupancy or equipment expense, as applicable.
text
98
monetaryItemType
text: <entity> 98 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation charged to noninterest expense totaled $ 115 million, $ 107 million and $ 98 million for the years ended December 31, 2023, 2022 and 2021, respectively, and is presented in the Consolidated Statements of Operations in eithe...
us-gaap:Depreciation
Citizens had capitalized software assets of $ 2.6 billion and related accumulated amortization of $ 1.7 billion as of December 31, 2023 and 2022. Amortization expense was $ 254 million, $ 243 million and $ 235 million for the years ended December 31, 2023, 2022 and 2021, respectively.
text
254
monetaryItemType
text: <entity> 254 </entity> <entity type> monetaryItemType </entity type> <context> Citizens had capitalized software assets of $ 2.6 billion and related accumulated amortization of $ 1.7 billion as of December 31, 2023 and 2022. Amortization expense was $ 254 million, $ 243 million and $ 235 million for the years end...
us-gaap:CapitalizedComputerSoftwareAmortization1
Citizens had capitalized software assets of $ 2.6 billion and related accumulated amortization of $ 1.7 billion as of December 31, 2023 and 2022. Amortization expense was $ 254 million, $ 243 million and $ 235 million for the years ended December 31, 2023, 2022 and 2021, respectively.
text
243
monetaryItemType
text: <entity> 243 </entity> <entity type> monetaryItemType </entity type> <context> Citizens had capitalized software assets of $ 2.6 billion and related accumulated amortization of $ 1.7 billion as of December 31, 2023 and 2022. Amortization expense was $ 254 million, $ 243 million and $ 235 million for the years end...
us-gaap:CapitalizedComputerSoftwareAmortization1
Citizens had capitalized software assets of $ 2.6 billion and related accumulated amortization of $ 1.7 billion as of December 31, 2023 and 2022. Amortization expense was $ 254 million, $ 243 million and $ 235 million for the years ended December 31, 2023, 2022 and 2021, respectively.
text
235
monetaryItemType
text: <entity> 235 </entity> <entity type> monetaryItemType </entity type> <context> Citizens had capitalized software assets of $ 2.6 billion and related accumulated amortization of $ 1.7 billion as of December 31, 2023 and 2022. Amortization expense was $ 254 million, $ 243 million and $ 235 million for the years end...
us-gaap:CapitalizedComputerSoftwareAmortization1
The Company recognizes the right to service residential mortgage loans for others, or MSRs, when purchased or when servicing is contractually separated from the underlying mortgage loans sold with servicing rights retained. MSRs are reported in other assets in the Consolidated Balance Sheets. MSRs are measured using th...
text
97.4
monetaryItemType
text: <entity> 97.4 </entity> <entity type> monetaryItemType </entity type> <context> The Company recognizes the right to service residential mortgage loans for others, or MSRs, when purchased or when servicing is contractually separated from the underlying mortgage loans sold with servicing rights retained. MSRs are r...
us-gaap:SecuritiesSoldUnderAgreementsToRepurchase
The Company recognizes the right to service residential mortgage loans for others, or MSRs, when purchased or when servicing is contractually separated from the underlying mortgage loans sold with servicing rights retained. MSRs are reported in other assets in the Consolidated Balance Sheets. MSRs are measured using th...
text
96.7
monetaryItemType
text: <entity> 96.7 </entity> <entity type> monetaryItemType </entity type> <context> The Company recognizes the right to service residential mortgage loans for others, or MSRs, when purchased or when servicing is contractually separated from the underlying mortgage loans sold with servicing rights retained. MSRs are r...
us-gaap:SecuritiesSoldUnderAgreementsToRepurchase
Operating lease assets where Citizens was the lessor totaled $ 254 million and $ 260 million as of December 31, 2023 and 2022, respectively. Operating lease rental income associated with these assets is recognized in other income in the Consolidated Statements of Operations on a straight-line basis over the lease term.
text
254
monetaryItemType
text: <entity> 254 </entity> <entity type> monetaryItemType </entity type> <context> Operating lease assets where Citizens was the lessor totaled $ 254 million and $ 260 million as of December 31, 2023 and 2022, respectively. Operating lease rental income associated with these assets is recognized in other income in th...
us-gaap:PropertySubjectToOrAvailableForOperatingLeaseNet
Operating lease assets where Citizens was the lessor totaled $ 254 million and $ 260 million as of December 31, 2023 and 2022, respectively. Operating lease rental income associated with these assets is recognized in other income in the Consolidated Statements of Operations on a straight-line basis over the lease term.
text
260
monetaryItemType
text: <entity> 260 </entity> <entity type> monetaryItemType </entity type> <context> Operating lease assets where Citizens was the lessor totaled $ 254 million and $ 260 million as of December 31, 2023 and 2022, respectively. Operating lease rental income associated with these assets is recognized in other income in th...
us-gaap:PropertySubjectToOrAvailableForOperatingLeaseNet
Goodwill is the purchase premium associated with the acquisition of a business and is assigned to the Company’s reporting units at the acquisition date. A reporting unit is a business operating segment or a component of a business operating segment. The Company has identified and assigned goodwill to two reporting unit...
text
two
integerItemType
text: <entity> two </entity> <entity type> integerItemType </entity type> <context> Goodwill is the purchase premium associated with the acquisition of a business and is assigned to the Company’s reporting units at the acquisition date. A reporting unit is a business operating segment or a component of a business opera...
us-gaap:NumberOfReportingUnits
The Company performed a quantitative goodwill impairment assessment in the fourth quarter of 2023 as part of its annual impairment assessment. Based on this quantitative assessment, the Company concluded that the estimated fair value of the Consumer Banking and Commercial Banking reporting units exceeded their carrying...
text
no
monetaryItemType
text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> The Company performed a quantitative goodwill impairment assessment in the fourth quarter of 2023 as part of its annual impairment assessment. Based on this quantitative assessment, the Company concluded that the estimated fair value of...
us-gaap:GoodwillImpairmentLoss
As of December 31, 2023, all of the Company’s intangible assets were being amortized. Amortization expense recognized on intangible assets was $ 42 million, $ 41 million and $ 11 million for the years ended December 31, 2023, 2022 and 2021, respectively. The Company’s projection of amortization expense is based on bala...
text
42
monetaryItemType
text: <entity> 42 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2023, all of the Company’s intangible assets were being amortized. Amortization expense recognized on intangible assets was $ 42 million, $ 41 million and $ 11 million for the years ended December 31, 2023, 2022 and 2...
us-gaap:AmortizationOfIntangibleAssets
As of December 31, 2023, all of the Company’s intangible assets were being amortized. Amortization expense recognized on intangible assets was $ 42 million, $ 41 million and $ 11 million for the years ended December 31, 2023, 2022 and 2021, respectively. The Company’s projection of amortization expense is based on bala...
text
41
monetaryItemType
text: <entity> 41 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2023, all of the Company’s intangible assets were being amortized. Amortization expense recognized on intangible assets was $ 42 million, $ 41 million and $ 11 million for the years ended December 31, 2023, 2022 and 2...
us-gaap:AmortizationOfIntangibleAssets
As of December 31, 2023, all of the Company’s intangible assets were being amortized. Amortization expense recognized on intangible assets was $ 42 million, $ 41 million and $ 11 million for the years ended December 31, 2023, 2022 and 2021, respectively. The Company’s projection of amortization expense is based on bala...
text
11
monetaryItemType
text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> As of December 31, 2023, all of the Company’s intangible assets were being amortized. Amortization expense recognized on intangible assets was $ 42 million, $ 41 million and $ 11 million for the years ended December 31, 2023, 2022 and 2...
us-gaap:AmortizationOfIntangibleAssets
Citizens provides lending facilities to third-party sponsored special purpose entities. Because the sponsor for each respective entity has the power to direct how proceeds from the Company are utilized and maintains responsibility for any associated servicing commitments, Citizens is not the primary beneficiary of thes...
text
2.7
monetaryItemType
text: <entity> 2.7 </entity> <entity type> monetaryItemType </entity type> <context> Citizens provides lending facilities to third-party sponsored special purpose entities. Because the sponsor for each respective entity has the power to direct how proceeds from the Company are utilized and maintains responsibility for ...
us-gaap:OtherCommitment
Citizens provides lending facilities to third-party sponsored special purpose entities. Because the sponsor for each respective entity has the power to direct how proceeds from the Company are utilized and maintains responsibility for any associated servicing commitments, Citizens is not the primary beneficiary of thes...
text
2.4
monetaryItemType
text: <entity> 2.4 </entity> <entity type> monetaryItemType </entity type> <context> Citizens provides lending facilities to third-party sponsored special purpose entities. Because the sponsor for each respective entity has the power to direct how proceeds from the Company are utilized and maintains responsibility for ...
us-gaap:OtherCommitment
Contingent commitments related to the Company’s renewable energy investments were $ 67 million at December 31, 2023, and are expected to be paid in varying amounts through 2026. These payments are contingent upon the level of electricity production attained by the renewable energy entity relative to its targeted thresh...
text
67
monetaryItemType
text: <entity> 67 </entity> <entity type> monetaryItemType </entity type> <context> Contingent commitments related to the Company’s renewable energy investments were $ 67 million at December 31, 2023, and are expected to be paid in varying amounts through 2026. These payments are contingent upon the level of electricit...
us-gaap:OtherCommitment
At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, 2022, the Company’s long-term borrowed funds include principal balances of $ 16.0 bi...
text
13.6
monetaryItemType
text: <entity> 13.6 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31...
us-gaap:UnsecuredDebt
At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, 2022, the Company’s long-term borrowed funds include principal balances of $ 16.0 bi...
text
74
monetaryItemType
text: <entity> 74 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, ...
us-gaap:DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, 2022, the Company’s long-term borrowed funds include principal balances of $ 16.0 bi...
text
17
monetaryItemType
text: <entity> 17 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, ...
us-gaap:HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, 2022, the Company’s long-term borrowed funds include principal balances of $ 16.0 bi...
text
16.0
monetaryItemType
text: <entity> 16.0 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31...
us-gaap:UnsecuredDebt
At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, 2022, the Company’s long-term borrowed funds include principal balances of $ 16.0 bi...
text
85
monetaryItemType
text: <entity> 85 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, ...
us-gaap:DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, 2022, the Company’s long-term borrowed funds include principal balances of $ 16.0 bi...
text
27
monetaryItemType
text: <entity> 27 </entity> <entity type> monetaryItemType </entity type> <context> At December 31, 2023, the Company’s long-term borrowed funds include principal balances of $ 13.6 billion, unamortized debt issuance costs and discounts of $ 74 million, and hedging basis adjustments of ($ 17 ) million. At December 31, ...
us-gaap:HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized FHLB borrowing capacity, primarily for advances and letters of credit, was $ 9.2 billi...
text
9.2
monetaryItemType
text: <entity> 9.2 </entity> <entity type> monetaryItemType </entity type> <context> Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized F...
us-gaap:ShortTermBorrowings
Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized FHLB borrowing capacity, primarily for advances and letters of credit, was $ 9.2 billi...
text
15.7
monetaryItemType
text: <entity> 15.7 </entity> <entity type> monetaryItemType </entity type> <context> Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized ...
us-gaap:ShortTermBorrowings
Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized FHLB borrowing capacity, primarily for advances and letters of credit, was $ 9.2 billi...
text
15.9
monetaryItemType
text: <entity> 15.9 </entity> <entity type> monetaryItemType </entity type> <context> Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized ...
us-gaap:DebtInstrumentUnusedBorrowingCapacityAmount
Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized FHLB borrowing capacity, primarily for advances and letters of credit, was $ 9.2 billi...
text
11.5
monetaryItemType
text: <entity> 11.5 </entity> <entity type> monetaryItemType </entity type> <context> Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized ...
us-gaap:DebtInstrumentUnusedBorrowingCapacityAmount
Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized FHLB borrowing capacity, primarily for advances and letters of credit, was $ 9.2 billi...
text
69.0
monetaryItemType
text: <entity> 69.0 </entity> <entity type> monetaryItemType </entity type> <context> Advances, lines of credit and letters of credit from the FHLB are collateralized primarily by residential mortgages and home equity products sufficient to satisfy the collateral maintenance level established by the FHLB. The utilized ...
us-gaap:DebtInstrumentUnusedBorrowingCapacityAmount
Includes the amortized cost basis of closed portfolios used to designate hedging relationships under the portfolio layer method. The hedged item is a layer of the closed portfolio which is expected to be remaining at the end of the hedging relationship. As of December 31, 2023, the amortized cost basis of the closed po...
text
5.9
monetaryItemType
text: <entity> 5.9 </entity> <entity type> monetaryItemType </entity type> <context> Includes the amortized cost basis of closed portfolios used to designate hedging relationships under the portfolio layer method. The hedged item is a layer of the closed portfolio which is expected to be remaining at the end of the hed...
us-gaap:HedgedAssetFairValueHedge
Includes the amortized cost basis of closed portfolios used to designate hedging relationships under the portfolio layer method. The hedged item is a layer of the closed portfolio which is expected to be remaining at the end of the hedging relationship. As of December 31, 2023, the amortized cost basis of the closed po...
text
39
monetaryItemType
text: <entity> 39 </entity> <entity type> monetaryItemType </entity type> <context> Includes the amortized cost basis of closed portfolios used to designate hedging relationships under the portfolio layer method. The hedged item is a layer of the closed portfolio which is expected to be remaining at the end of the hedg...
us-gaap:HedgedAssetFairValueHedgeCumulativeIncreaseDecrease
Includes the amortized cost basis of closed portfolios used to designate hedging relationships under the portfolio layer method. The hedged item is a layer of the closed portfolio which is expected to be remaining at the end of the hedging relationship. As of December 31, 2023, the amortized cost basis of the closed po...
text
4.0
monetaryItemType
text: <entity> 4.0 </entity> <entity type> monetaryItemType </entity type> <context> Includes the amortized cost basis of closed portfolios used to designate hedging relationships under the portfolio layer method. The hedged item is a layer of the closed portfolio which is expected to be remaining at the end of the hed...
us-gaap:DerivativeAmountOfHedgedItem
Using the interest rate curve at December 31, 2023 with respect to cash flow hedge strategies, the Company estimates that approximately $ 914 million in pre-tax net losses will be reclassified from AOCI to net interest income over the next 12 months, including $ 460 million related to terminated swaps. This amount coul...
text
914
monetaryItemType
text: <entity> 914 </entity> <entity type> monetaryItemType </entity type> <context> Using the interest rate curve at December 31, 2023 with respect to cash flow hedge strategies, the Company estimates that approximately $ 914 million in pre-tax net losses will be reclassified from AOCI to net interest income over the ...
us-gaap:InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
Using the interest rate curve at December 31, 2023 with respect to cash flow hedge strategies, the Company estimates that approximately $ 914 million in pre-tax net losses will be reclassified from AOCI to net interest income over the next 12 months, including $ 460 million related to terminated swaps. This amount coul...
text
460
monetaryItemType
text: <entity> 460 </entity> <entity type> monetaryItemType </entity type> <context> Using the interest rate curve at December 31, 2023 with respect to cash flow hedge strategies, the Company estimates that approximately $ 914 million in pre-tax net losses will be reclassified from AOCI to net interest income over the ...
us-gaap:InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
Actuarial losses related to the Pension Plans recognized in AOCI at December 31, 2023 and 2022 were $ 446 million and $ 504 million, respectively.
text
446
monetaryItemType
text: <entity> 446 </entity> <entity type> monetaryItemType </entity type> <context> Actuarial losses related to the Pension Plans recognized in AOCI at December 31, 2023 and 2022 were $ 446 million and $ 504 million, respectively. </context>
us-gaap:DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
Actuarial losses related to the Pension Plans recognized in AOCI at December 31, 2023 and 2022 were $ 446 million and $ 504 million, respectively.
text
504
monetaryItemType
text: <entity> 504 </entity> <entity type> monetaryItemType </entity type> <context> Actuarial losses related to the Pension Plans recognized in AOCI at December 31, 2023 and 2022 were $ 446 million and $ 504 million, respectively. </context>
us-gaap:DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
In 2024, Citizens does no t plan to contribute to the Qualified Plans and expects to contribute $ 10 million to the Non-Qualified Plans.
text
no
monetaryItemType
text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> In 2024, Citizens does no t plan to contribute to the Qualified Plans and expects to contribute $ 10 million to the Non-Qualified Plans. </context>
us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
In 2024, Citizens does no t plan to contribute to the Qualified Plans and expects to contribute $ 10 million to the Non-Qualified Plans.
text
10
monetaryItemType
text: <entity> 10 </entity> <entity type> monetaryItemType </entity type> <context> In 2024, Citizens does no t plan to contribute to the Qualified Plans and expects to contribute $ 10 million to the Non-Qualified Plans. </context>
us-gaap:DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
Citizens sponsors a 401(k) Plan under which employee contributions are matched by the Company dollar for dollar up to 4 % after the employee completes of one year of service. In addition, substantially all employees will receive an additional 1.5 % of their eligible earnings after completion of one year of service, sub...
text
4
percentItemType
text: <entity> 4 </entity> <entity type> percentItemType </entity type> <context> Citizens sponsors a 401(k) Plan under which employee contributions are matched by the Company dollar for dollar up to 4 % after the employee completes of one year of service. In addition, substantially all employees will receive an additi...
us-gaap:DefinedContributionPlanEmployerMatchingContributionPercent
Citizens sponsors a 401(k) Plan under which employee contributions are matched by the Company dollar for dollar up to 4 % after the employee completes of one year of service. In addition, substantially all employees will receive an additional 1.5 % of their eligible earnings after completion of one year of service, sub...
text
78
monetaryItemType
text: <entity> 78 </entity> <entity type> monetaryItemType </entity type> <context> Citizens sponsors a 401(k) Plan under which employee contributions are matched by the Company dollar for dollar up to 4 % after the employee completes of one year of service. In addition, substantially all employees will receive an addi...
us-gaap:DefinedContributionPlanCostRecognized