Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 80

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 80
---
ated in 20215,018 — 10 10 5,028 6,537 — 14 14 6,551 Originated prior to 20214,624 — 19 19 4,643 5,543 — 21 21 5,564 Revolving14,151 — 114 114 14,265 13,846 — 120 120 13,966 Revolving converted to term767 — 40 40 807 731 — 42 42 773 Total other retail39,935 — 213 213 40,148 42,106 — 220 220 42,326 Total loans$370,380 $2,275 $7,588 $9,863 $380,243 $369,052 $2,424 $8,356 $10,780 $379,832 Total outstanding commitments$789,563 $3,118 $9,644 $12,762 $802,325 $778,155 $3,875 $10,441 $14,316 $792,471 Note:  Year of origination is based on the origination date of a loan, or for existing loans the date when the maturity date, pricing or commitment amount is amended. Predominately all current year and nearer term loan origination years for criticized loans relate to existing loans that have had recent maturity date, pricing or commitment amount amendments.  (a)Classified rating on consumer loans primarily based on delinquency status. (b)Includes an immaterial amount of revolving converted to term loans. (c)At June 30, 2025, $2.2 billion of GNMA loans 90 days or more past due and $1.4 billion of modified GNMA loans whose repayments are insured by the Federal Housing Administration or guaranteed by the United States Department of Veterans Affairs were classified with a pass rating, compared with $2.3 billion and $1.4 billion at December 31, 2024, respectively. (d)Predominately all credit card loans are considered revolving loans. Includes an immaterial amount of revolving converted to term loans.

46U.S. Bancorp

Loan Modifications In certain circumstances, the Company may modify the terms of a loan to maximize the collection of amounts due when