Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 150

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 8
Chunk 150
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,204 — Total deposits61,505 61,536 — 61,536 — Short-term borrowings1,225 1,225 1,225 — — Medium- and long-term debt5,733 5,811 — 5,811 — Credit-related financial instruments(63)(63)— — (63)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)Included $159 million and $158 million of loans recorded at fair value on a nonrecurring basis at March 31, 2025 and December 31, 2024, respectively.

8

Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and Subsidiaries

NOTE 3 - INVESTMENT SECURITIES

A summary of the Corporation’s investment securities follows:(in millions)AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesFair ValueMarch 31, 2025Investment securities available-for-sale:U.S. Treasury securities$1,282 $5 $— $1,287 Residential mortgage-backed securities (a)11,109 — 2,087 9,022 Commercial mortgage-backed securities (a)5,250 — 457 4,793 Total investment securities available-for-sale$17,641 $5 $2,544 $15,102 December 31, 2024Investment securities available-for-sale:U.S. Treasury securities$1,277 $1 $1 $1,277