Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 26

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 2
Chunk 26
---
 64 $5 million - $10 million4 26 5 33 $10 million - $25 million7 120 6 112 Greater than $25 million1 31 1 31 Total 515 $301 520 $308 

The following table presents a summary of nonaccrual loans at March 31, 2025 as well as loans transferred to nonaccrual and net loan charge-offs (recoveries) for the three months ended March 31, 2025, based on North American Industry Classification System (NAICS) categories.

(dollar amounts in millions)March 31, 2025Three Months Ended March 31, 2025Nonaccrual LoansLoans Transferred toNonaccrual (a)Net Loan Charge-Offs (Recoveries)Industry CategoryReal Estate & Home Builders$84 28 %$28 66 %$11 Health Care & Social Assistance45 15 — — 2 Residential Mortgage35 12 — — — Information & Communication23 8 — — 6 Manufacturing22 6 9 20 6 Retail Trade18 6 — — 2 Services15 5 3 8 (1)Utilities13 5 — — — Arts, Entertainment & Recreation5 2 — — — Wholesale Trade5 2 — — (1)Management of Companies and Enterprises4 1 — — — Other (b)32 10 3 6 1 Total$301 100 %$43 100 %$26

(a)Based on an analysis of nonaccrual loans with book balances greater than $2 million.

(b)Other category includes other industry categories with smaller impacts, as well as consumer, excluding residential mortgage and certain personal purpose nonaccrual loans and net charge-offs.

Loans past due 90 days or more and still accruing interest generally represent loans that are well-collateralized and in the process of collection. Loans past due 90 days or more was $12 million at March 31, 2025, compared to $44 million at December 31, 2024. Loans past due 30-89 days decreased $79 million to $140 million at March 31, 2025, compared to