Company: CMA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000028412-25-000235
Chunk: 244

Company: COMERICA INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 244
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 ofTotal LoansProduction:Domestic$498 $499 Foreign257 265 Total production$755 1.5  %$764 1.5  %

Loans to borrowers involved with automotive production, primarily Tier 1 and Tier 2 suppliers, totaled $755 million at September 30, 2025 and $764 million at December 31, 2024. These borrowers have faced, and could face in the future, financial difficulties due to disruptions in auto production, issues with supply chains and logistics operations and impacts resulting from labor union strikes. As such, management continues to monitor this portfolio.

There were no nonaccrual loans to borrowers involved with automotive production at both September 30, 2025 and December 31, 2024. There were $1 million in automotive production loan net recoveries during the three months ended September 30, 2025 compared to none for the three months ended June 30, 2025. Automotive production loan net recoveries totaled $1 million for both the nine-month periods ended September 30, 2025 and 2024.

Residential Real Estate Lending

At September 30, 2025, residential real estate loans represented 7% of total loans. The following table summarizes the Corporation's residential mortgage and home equity loan portfolios by geographic market.

September 30, 2025December 31, 2024(dollar amounts in millions)ResidentialMortgageLoans% ofTotalHomeEquityLoans% ofTotalResidentialMortgageLoans% ofTotalHomeEquityLoans% ofTotalGeographic market:Michigan$616 32  %$404 22  %$576 30  %$420 23  %California862 45 940 52 889 46 931 52 Texas277 14 370 21 273 14 365 20 Other Markets183 9 83 5 191 10 86 5 Total$1,938 100  %$1,797 100  %$1,929 100  %$1,802 100  %

Residential real estate loans, which consist of traditional residential mortgages and home equity loans and lines of credit, totaled $3.7 billion at September 30, 2025. The residential real estate portfolio is principally located within the Corporation's primary geographic markets. Substantially all