Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 200

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Chunk 200
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 In some instances, participation in residential mortgage loan modification programs requires the customer to complete a short-term trial period. A permanent loan modification is

| 48 |     | U.S. Bancorp |

contingent on the customer successfully completing the trial period arrangement, and the loan documents are not modified until that time.

Credit card and other retail loan modifications are generally part of distinct modification programs providing customers experiencing financial difficulty with modifications whereby balances may be amortized up to 60months, and generally include waiver of fees and reduced interest rates.

Loans that receive a forbearance plan generally remain in default until they are no longer delinquent as the result of the payment of all past due amounts or the borrower receiving a term extension or modification. Therefore, loans only receiving forbearance plans are not included in the table below.

The following table provides a summary of loan balances as of June 30, which were modified during the prior twelve months, by portfolio class and delinquency status:

| (Dollars in Millions)    
 2025                     |     |   |       | Current | 30-89 Days 
 Past Due   |     |     | 90 Days or    
 More Past Due |     |     |   |       | Total |
|:-------------------------|:----|:--|------:|:--------|:-----------|----:|:----|:--------------|----:|:----|:--|------:|:------|
| Commercial               |     | $ |   556 |         | $          |  38 |     | $             | 108 |     | $ |   702 |       |
| Commercial real estate   |     |   |   799 |         |            |   — |     |               | 111 |     |   |   910 |       |
| Residential mortgages(a) |     |   | 1,433 |         |            |   5 |     |               |   8 |     |   | 1,446 |       |
| Credit card              |     |   |   316 |         |            |  64 |     |               |  35 |     |   |   415 |       |
| Other retail             |     |   |    96 |         |            |  13 |     |               |   6 |     |   |   115 |       |
| Total loans              |     | $ | 3,200 |         |