Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 188

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 8
Chunk 188
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924 5.11 72,072 967 5.15 Cash and due from banks733 630 Allowance for loan losses(690)(687)Accrued income and other assets7,137 7,219 Total assets$77,558 $79,234 Money market and interest-bearing checking deposits (f)$31,912 213 2.70 $32,045 238 2.95 Savings deposits2,140 1 0.16 2,142 1 0.16 Customer certificates of deposit3,282 24 2.93 3,542 28 3.21 Other time deposits1,052 14 5.35 1,371 19 5.35 Foreign office time deposits33 — 3.78 25 — 4.14 Total interest-bearing deposits38,419 252 2.65 39,125 286 2.91 Federal funds purchased184 2 4.41 5 — 4.68 Other short-term borrowings4 — 4.61 37 1 4.77 Medium- and long-term debt6,488 95 5.83 6,698 105 6.28 Total interest-bearing sources45,095 349 3.12 45,865 392 3.40 Noninterest-bearing deposits23,480 24,222 Accrued expenses and other liabilities2,222 2,408 Shareholders’ equity6,761 6,739 Total liabilities and shareholders’ equity$77,558 $79,234 Net interest income/rate spread$575 1.99 $575 1.75 Impact of net noninterest-bearing sources of funds 1.19 1.31 Net interest margin (as a percentage of average earning assets)  3.18 %  3.06 %

(a)Interest income on commercial loans included net expense from cash flow swaps of $78 million and $115 million for the three months ended March 31, 2025 and December 31, 2024, respectively.

(b)Nonaccrual loans are included in average balances reported and in the calculation of average rates.

(c)Average balances included $2.7 billion of unrealized losses for both the three months ended March 31, 2025 and December