Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 63

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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 loans1.38 %1.19 %1.37 %1.34 %1.59 %1.36 %Allowance for credit losses as a percentage of total loans1.44 1.46 1.44 1.40 1.82 1.43 14

Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and SubsidiariesNonaccrual LoansThe following table presents additional information regarding nonaccrual loans. Interest income of $1 million and $2 million was recognized on nonaccrual loans for the three-month periods ended March 31, 2025 and 2024, respectively.(in millions)Nonaccrual Loans with No Related AllowanceNonaccrual Loans with Related AllowanceTotal Nonaccrual LoansMarch 31, 2025Business loans:Commercial$15 $93 $108 Real estate construction:Commercial Real Estate business line (a)— 20 20 Total real estate construction— 20 20 Commercial mortgage:Commercial Real Estate business line (a)— 45 45 Other business lines (b)3 62 65 Total commercial mortgage3 107 110 Lease financing— 1 1 Total business loans18 221 239 Retail loans:Residential mortgage35 — 35 Consumer:Home equity27 — 27 Total retail loans62 — 62 Total nonaccrual loans$80 $221 $301 December 31, 2024Business loans:Commercial$9 $116 $125 Commercial mortgage:Commercial Real Estate business line (a)— 49 49 Other business lines (b)7 62 69 Total commercial mortgage7 111 118 Lease financing— 1 1 Total business loans16 228 244 Retail loans:Residential mortgage37 — 37 Consumer:Home equity27 — 27 Total consumer27 — 27 Total retail loans64 — 64 Total nonaccrual loans$80 $228 $308 (a)Primarily loans to real estate developers.(b)Primarily loans secured by owner-occupied real estate.15

Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and SubsidiariesForeclosed PropertiesForeclosed properties were insignificant at both March