Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 114

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 114
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 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 $219 million at December 31, 2024. Loans past due 30 days or more and still accruing interest as a percentage of total loans were 0.31 percent and 0.52 percent at March 31, 2025 and December 31, 2024, respectively. An aging analysis of loans included in Note 4 to the consolidated financial statements provides further information about the balances comprising past due loans.

The following table presents a summary of total criticized loans.