Company: CMA
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000028412-25-000197
Chunk: 18

Company: COMERICA INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 18
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 78 8 Residential mortgage loans1,948 1,921 27 1 Consumer loans2,252 2,265 (13)(1)Total loans$50,665 $50,617 $48 — %

By line of business, the $48 million increase in loans included an increase of $206 million in Environmental Services, as well as smaller increases in other business lines, mostly offset by decreases of $359 million in National Dealer Services and $230 million in Commercial Real Estate.

Total liabilities decreased $1.9 billion to $70.6 billion for the three months ended June 30, 2025, compared to the three months ended December 31, 2024, primarily reflecting decreases of $1.1 billion in noninterest-bearing deposits, $986 million in interest-bearing deposits and $958 million in medium- and long-term debt, partially offset by an increase of $1.3 billion in short-term borrowings. The following table provides information about the change in the Corporation's average deposits and borrowed funds by type.

Three Months EndedPercentChange(dollar amounts in millions)June 30, 2025December 31, 2024ChangeNoninterest-bearing deposits$23,107 $24,222 $(1,115)(5)%Money market and interest-bearing checking deposits31,849 32,045 (196)(1)Savings deposits2,112 2,142 (30)(1)Customer certificates of deposit3,074 3,542 (468)(13)Other time deposits1,080 1,371 (291)(21)Foreign office time deposits24 25 (1)(3)Total deposits$61,246 $63,347 $(2,101)(3)%Short-term borrowings1,341 42 1,299 n/mMedium- and long-term debt5,740 6,698 (958)(14)Total borrowed funds$7,081 $6,740 $341 5 %

n/m - not meaningful

Other time deposits, which consisted of brokered deposits, decreased $291 million from the three months ended December 31, 2024, while decreases of $521 million in Retail Banking, $388 million in general Middle Market, $342 million in Technology and Life Sciences, $306 million in Wealth Management and $279 million in Corporate Banking were partially offset by smaller increases in other business lines. 

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