Company: USB-PA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000036104-25-000064
Chunk: 55

Company: US BANCORP \DE\
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 55
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U.S. Bancorp 

Consolidated Balance Sheet 

(Dollars in Millions)September 30,2025December 31,2024(Unaudited) AssetsCash and due from banks$66,637 $56,502 Investment securitiesHeld-to-maturity (fair value $67,346 and $66,275, respectively)76,931 78,634 Available-for-sale ($326 and $320 pledged as collateral, respectively)(a)89,065 85,992 Loans held for sale (including $2,288 and $2,251 of mortgage loans carried at fair value, respectively)2,490 2,573 LoansCommercial148,414 139,484 Commercial real estate48,244 48,859 Residential mortgages115,046 118,813 Credit card30,594 30,350 Other retail40,219 42,326 Total loans382,517 379,832 Less allowance for loan losses(7,557)(7,583)Net loans374,960 372,249 Premises and equipment3,695 3,565 Goodwill12,634 12,536 Other intangible assets5,152 5,547 Other assets (including $2,713 and $7,501 of trading securities at fair value pledged as collateral, respectively)(a)63,793 60,720 Total assets$695,357 $678,318 Liabilities and Shareholders’ EquityDepositsNoninterest-bearing$91,550 $84,158 Interest-bearing (including $4,924 and $5,754 of time deposits carried at fair value, respectively)434,599 434,151 Total deposits526,149 518,309 Short-term borrowings15,449 15,518 Long-term debt (including $1,408 and $391 of long-term debt carried at fair value, respectively)62,535 58,002 Other liabilities27,426 27,449 Total liabilities631,559 619,278 Shareholders’ equityPreferred stock6,808 6,808 Common stock, $.01 par value per share, authorized: 4,000,000,000 shares; issued: 9/30/25 and 12/31/24—2,125,725,742 shares21 21 Capital surplus8,745 8,715 Retained earnings79