Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 83

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1
Chunk 83
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 following table lists the Corporation's banking centers by geographic market.

December 31202420232022Michigan159176177Texas114116115California889292Other Markets:Arizona121617Florida778Canada111Total Other Markets202426Total381408410

BALANCE SHEET AND CAPITAL FUNDS ANALYSIS

Earning Assets

Period-End Loans

(in millions)PercentChangeDecember 3120242023ChangeCommercial loans$26,492 $27,251 $(759)(3)%Real estate construction loans3,680 5,083 (1,403)(28)Commercial mortgage loans14,493 13,686 807 6 Lease financing722 807 (85)(11)International loans952 1,102 (150)(14)Residential mortgage loans1,929 1,889 40 2 Consumer loans:Home equity1,802 1,792 10 1 Other consumer469 503 (34)(7)Total consumer loans2,271 2,295 (24)(1)Total loans$50,539 $52,113 $(1,574)(3)%

On a period-end basis, total loans decreased $1.6 billion to $50.5 billion at December 31, 2024, compared to $52.1 billion at December 31, 2023. The $1.4 billion decrease in real estate construction loans was primarily in the Commercial Real Estate line of business and reflected expected paydowns from a higher pace of refinancing or sale of projects.

Average Loans

(in millions)PercentChangeYears Ended December 3120242023ChangeAverage Loans By Loan Type:Commercial loans $26,278 $30,009 $(3,731)(12)%Real estate construction loans4,422 4,041 381 9 Commercial mortgage loans14,260 13,697 563 4 Lease financing791 776 15 2 International loans1,069 1,226 (157)(13)Residential mortgage loans1,902 1,877 25 1 Consumer loans:Home equity1,787 1,775 12 1 Other consumer470 502 (32)(6)Total consumer loans2,257 2,277 (20)(1)Total loans$50,979 $53,903 $(2,924)(5)%

F-13

(in millions