Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 63

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 63
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 as follows:  June 30, 2025December 31, 2024(Dollars in Millions)Amortized Cost Unrealized GainsUnrealized Losses Fair ValueAmortized CostUnrealized GainsUnrealized Losses Fair ValueHeld-to-MaturityU.S. Treasury and agencies$647 $— $(9)$638 $1,296 $— $(21)$1,275 Mortgage-backed securitiesResidential agency75,272 32 (10,887)64,417 75,392 3 (12,317)63,078 Commercial agency1,700 16 (3)1,713 1,702 — (27)1,675 Other260 4 — 264 244 3 — 247 Total held-to-maturity$77,879 $52 $(10,899)$67,032 $78,634 $6 $(12,365)$66,275 Available-for-SaleU.S. Treasury and agencies$29,790 $9 $(1,682)$28,117 $30,467 $1 $(2,081)$28,387 Mortgage-backed securitiesResidential agency39,763 110 (1,740)38,133 35,558 13 (2,290)33,281 CommercialAgency8,633 — (1,018)7,615 8,673 — (1,322)7,351 Non-agency7 — — 7 7 — (1)6 Asset-backed securities7,167 18 (2)7,183 7,136 30 (1)7,165 Obligations of state and political subdivisions10,631 9 (1,431)9,209 10,690 13 (1,151)9,552 Other310 3 — 313 249 1 — 250 Total available-for-sale, excluding portfolio level basis adjustments96,301 149 (5,873)90,577 92,780 58 (6,846)85,992 Portfolio level basis adjustments(a)314 — (314)— 13 — (13)— Total available-for-sale$96,615 $149 $(6,187