Company: CMA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000028412-25-000235
Chunk: 170

Company: COMERICA INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 170
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 as core deposit intangibles, the future earnings potential of significant customer relationships and the value of trust operations and other fee generating businesses. The Corporation believes the imprecision of an estimate could be significant. The disclosures also do not include a limited amount of nonmarketable equity securities (primarily indirect private equity and venture capital investments) that do not have a readily determinable fair value and whose fair values are based on net asset value. The carrying amount and estimated fair value of financial instruments not recorded at fair value in their entirety on a recurring basis on the Corporation’s Consolidated Balance Sheets are as follows: CarryingAmountEstimated Fair Value(in millions)TotalLevel 1Level 2Level 3September 30, 2025AssetsCash and due from banks$986 $986 $986 $— $— Interest-bearing deposits with banks4,053 4,053 4,053 — — Other short-term investments20 20 20 — — Total loans, net of allowance for loan losses (a)50,200 50,136 — — 50,136 LiabilitiesDemand deposits58,434 58,434 — 58,434 — Time deposits4,162 4,165 — 4,165 — Total deposits62,596 62,599 — 62,599 — Medium- and long-term debt5,422 5,527 — 5,527 — Credit-related financial instruments(65)(65)— — (65)December 31, 2024AssetsCash and due from banks$850 $850 $850 $— $— Interest-bearing deposits with banks5,954 5,954 5,954 — — Other short-term investments 21 21 21 — — Total loans, net of allowance for loan losses (a)49,849 49,436 — — 49,436 LiabilitiesDemand deposits59,277 59,277 — 59,277 — Time deposits4,534 4,555 — 4,555 — Total deposits63,811 63,832 — 63,832 — Medium- and long-term debt6,673 6,780 — 6,780 — Credit-related financial instruments(64)(64)— — (64)(a