Company: CMA
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000028412-25-000197
Chunk: 31

Company: COMERICA INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 31
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, 2025 and 2024.

Automotive Lending - Production

The following table presents a summary of loans to borrowers involved with automotive production.

June 30, 2025December 31, 2024(in millions)LoansOutstandingPercent ofTotal LoansLoansOutstandingPercent ofTotal LoansProduction:Domestic$516 $499 Foreign281 265 Total production$797 1.6  %$764 1.5  %

Loans to borrowers involved with automotive production, primarily Tier 1 and Tier 2 suppliers, totaled $797 million at June 30, 2025 and $764 million at December 31, 2024. These borrowers have faced, and could face in the future, financial difficulties due to disruptions in auto production, issues with supply chains and logistics operations and impacts resulting from labor union strikes. As such, management continues to monitor this portfolio.

There were no nonaccrual loans to borrowers involved with automotive production at both June 30, 2025 and December 31, 2024. There were no automotive production loan net charge-offs during the three months ended June 30, 2025 and March 31, 2025, nor during the six months ended June 30, 2025 and 2024.

Residential Real Estate Lending

At June 30, 2025, residential real estate loans represented 7% of total loans. The following table summarizes the Corporation's residential mortgage and home equity loan portfolios by geographic market.

June 30, 2025December 31, 2024(dollar amounts in millions)ResidentialMortgageLoans% ofTotalHomeEquityLoans% ofTotalResidentialMortgageLoans% ofTotalHomeEquityLoans% ofTotalGeographic market:Michigan$614 32  %$405 23  %$576 30  %$420 23  %California878 45 929 51 889 46 931 52 Texas277 14 366 21 273 14 365 20 Other Markets185 9 81 5 191 10 86 5 Total$1,954 100  %$1,781 100  %$1,929 100  %$1,802 100  %

57

Residential real estate loans, which consist of traditional residential