Company: CMA
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000028412-25-000197
Chunk: 57

Company: COMERICA INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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— 569 4,692 Total investment securities available-for-sale$17,918 $1 $2,874 $15,045 (a)Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises.A summary of the Corporation’s investment securities in an unrealized loss position as of June 30, 2025 and December 31, 2024 follows: Less than 12 Months12 Months or moreTotal(in millions, except securities count)FairValueUnrealizedLossesFairValueUnrealizedLossesFairValueUnrealizedLossesCountJune 30, 2025U.S. Treasury securities$99 $— $2 $— $101 $— 2 Residential mortgage-backed securities (a)1 — 8,764 2,044 8,765 2,044 748 Commercial mortgage-backed securities (a)— — 4,822 397 4,822 397 247 Total temporarily impaired securities$100 $— $13,588 $2,441 $13,688 $2,441 997 December 31, 2024U.S. Treasury securities$438 $— $25 $1 $463 $1 7 Residential mortgage-backed securities (a)— — 9,074 2,304 9,074 2,304 913 Commercial mortgage-backed securities (a)14 — 4,678 569 4,692 569 252 Total temporarily impaired securities$452 $— $13,777 $2,874 $14,229 $2,874 1,172 (a)Issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises.Unrealized losses on investment securities resulted from changes in market interest rates. The Corporation’s portfolio is comprised of securities issued or guaranteed by U.S. government agencies or government-sponsored enterprises. As such, it is expected that the securities would not be settled at a price less than the amortized cost of the investments. Further, the Corporation does not intend to sell the investments, and it is not more-likely-than-not that it will be required to sell the investments before recovery of amortized costs. No allowance for credit losses was recorded on securities in an unrealized loss position at June 30, 2025 or