Company: CMA
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000028412-25-000197
Chunk: 166

Company: COMERICA INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 166
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 if these weaknesses are not corrected. Nonaccrual loans are loans for which the accrual of interest has been discontinued. For further information regarding nonaccrual loans, refer to the Nonperforming Assets subheading in Note 1 - Basis of Presentation and Accounting Policies on page F-52 in the Corporation's 2024 Annual Report. These categories are generally consistent with the "special mention" and "substandard" categories as defined by regulatory authorities. A minority of nonaccrual loans are consistent with the "doubtful" category.14

Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and SubsidiariesLoan interest receivable totaled $259 million and $266 million at June 30, 2025 and December 31, 2024, respectively, and was included in accrued income and other assets on the Consolidated Balance Sheets.Allowance for Credit LossesThe following table details the changes in the allowance for credit losses. 20252024(in millions)Business LoansRetail LoansTotalBusiness LoansRetail LoansTotalThree Months Ended June 30Balance at beginning of period:Allowance for loan losses$634 $49 $683 $626 $65 $691 Allowance for credit losses on lending-related commitments25 11 36 28 9 37 Allowance for credit losses659 60 719 654 74 728 Loan charge-offs(30)(1)(31)(28)— (28)Recoveries on loans previously charged-off1 2 3 16 1 17 Net loan charge-offs(29)1 (28)(12)1 (11)Provision for credit losses:Provision for loan losses49 (6)43 6 — 6 Provision for credit losses on lending-related commitments1 — 1 (5)(1)(6)Provision for credit losses50 (6)44 1 (1)— Balance at end of period:Allowance for loan losses654 44 698 620 66 686 Allowance for credit losses on lending-related commitments26 11 37 23 8 31 Allowance for credit losses$680 $55 $735 $643 $74 $717 Six Months Ended June 30Balance at beginning of periodAllowance for loan losses$625 $65 $690 $620 $68 $688