Company: USB-PA
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000036104-25-000028
Chunk: 128

Company: US BANCORP \DE\
Filing Date: 2025-05-06
Form: 10-Q
Chunk 128
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 increases in repurchase agreement balances, partially offset by a decrease in short-term Federal Home Loan Bank (“FHLB”) advances. Long-term debt was $59.9 billion at March 31, 2025, compared with $58.0 billion at December 31, 2024. The $1.9 billion (3.2 percent) increase was primarily due to $3.0 billion of medium-term note and $625 million of credit-linked bank note issuances, partially offset by $2.0 billion of bank note repayments. Refer to the “Liquidity Risk Management” section for discussion of liquidity management of the Company.

| TABLE 4 |     | Investment Securities |

|                                                       |     |   | March 31, 2025 |                |   |        |            |     |                                     |                            |      |   |   | December 31, 2024 |                |   |        |            |     |                                     |                            |      |   |
|:------------------------------------------------------|:----|:--|---------------:|:---------------|:--|-------:|:-----------|:----|------------------------------------:|:---------------------------|-----:|:--|:--|------------------:|:---------------|:--|-------:|:-----------|:----|------------------------------------:|:---------------------------|-----:|:--|
| (Dollars in Millions)                                 |     |   |                | Amortized Cost |   |        | Fair Value |     | Weighted- Average Maturity in Years | Weighted- Average Yield(e) |      |   |   |                   | Amortized Cost |   |        | Fair Value |     | Weighted- Average Maturity in Years | Weighted- Average Yield(e) |      |   |
| Held-to-Maturity                                      |     |   |                |                |   |        |            |     |                                     |                            |      |   |   |                   |                |   |        |            |     |                                     |                            |      |   |
| U.S. Treasury and agencies                            |     | $ |          1,297 |                | $ |  1,284 |            |     |                                 1.1 |                            | 2.85 | % | $ |             1,296 |                | $ |  1,275 |            |     |                                 1.3 |                            | 2.85 | % |
|