secwatch.observer — SEC 8-K summary
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Issuer:     ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (ZION)
CIK:        0000109380
Form:       8-K
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0000109380-25-000118
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zions Bancorporation takes $60M provision, $50M charge-off on two commercial loans due to apparent fraud
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- Bank took $60M provision and $50M charge-off on two commercial loans in Q3 2025 due to apparent misrepresentations and defaults.
- Loans were extended by California Bank & Trust division; obligors have not responded to demands and notices.
- Bank commenced lawsuit in California against guarantors (Obligors) for full recovery of outstanding amounts.
- Bank believes situation is isolated and plans to engage counsel for independent review.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/109380/000010938025000118/0000109380-25-000118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/109380/000010938025000118/zion-20251015.htm
  HTML page:      https://secwatch.observer/filing/0000109380-25-000118

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