Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 50

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 7
Chunk 50
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.6974 851 14.5Net income (loss)(290)(865)66.53,537 2,937 20.4Net (income) loss attributable to noncontrolling interests(13)(15)13.3(13)(15)13.3Net income (loss) attributable to U.S. Bancorp$(303)$(880)65.6$3,524 $2,922 20.6Average Balance SheetLoans$5,530 $5,145 7.5$378,777 $372,878 1.6Goodwill— — —12,560 12,480 .6Other intangible assets8 10 (20.0)5,424 6,048 (10.3)Assets247,892 243,014 2.0671,378 659,707 1.8Noninterest-bearing deposits2,649 2,271 16.679,405 84,102 (5.6)Interest-bearing deposits12,134 11,107 9.2425,297 424,383 .2Total deposits14,783 13,378 10.5504,702 508,485 (.7)Total U.S. Bancorp shareholders’ equity14,709 9,567 53.760,258 55,849 7.9

28U.S. Bancorp

Non-GAAP Financial Measures In addition to capital ratios defined by banking regulators, the Company considers various other measures when evaluating capital utilization and adequacy, including: •Tangible common equity to tangible assets, •Tangible common equity to risk-weighted assets, •Common equity tier 1 capital to risk-weighted assets, reflecting the full implementation of the CECL methodology, and •Return on tangible common equity.These capital measures are viewed by management as useful additional methods of evaluating the Company’s utilization of its capital held and the level of capital available to withstand unexpected negative market or economic conditions. Additionally, presentation of these measures allows investors, analysts and banking regulators to assess the Company’s capital position and use of capital relative to other financial services companies. These capital measures are not defined in generally accepted accounting principles (“GAAP”), or in banking regulations or were not effective for certain periods. In addition, certain capital measures related to prior periods are presented on the same basis as those in the current period. The effective capital ratios defined by banking regulations for these periods