Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 73

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1
Chunk 73
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 loans22 42 64 357 111 468 Lease financing10 1 11 11 5 16 International loans(4)(12)(16)43 (1)42 Residential mortgage loans5 1 6 7 3 10 Consumer loans8 (2)6 71 9 80  Total loans87 (223)(136)937 250 1,187 Mortgage-backed securities(2)(25)(27)10 26 36 U.S. Treasury securities3 (4)(1)(15)(5)(20) Total investment securities1 (29)(28)(5)21 16 Interest-bearing deposits with banks6 (80)(74)420 (132)288 Other short-term investments1 1 2 6 6 12 Total interest income95 (331)(236)1,358 145 1,503 Interest Expense:Money market and interest-bearing checking deposits186 149 335 459 74 533 Savings deposits— (1)(1)5 (1)4 Customer certificates of deposit20 36 56 44 26 70 Other time deposits7 (51)(44)— 182 182 Foreign office time deposits— — — 1 — 1 Total interest-bearing deposits213 133 346 509 281 790 Federal funds purchased— (1)(1)1 (3)(2)Other short term borrowings23 (365)(342)5 371 376 Medium- and long-term debt38 47 85 138 153 291 Total interest expense274 (186)88 653 802 1,455 Net interest income$(179)$(145)$(324)$705 $(657)$48 

(a)Impact of additional days, other portfolio dynamics and interest rate swaps reflected as part of rate impact, rate/volume variances are allocated to variances due to volume.

Net interest income is the difference between interest earned on assets and interest paid on liabilities. The portion of gains and losses on risk management interest rate swaps that convert variable-rate loans to fixed rates through cash flow hedges that relate to the earnings effect of the hedged loans during the period are included in loan interest income. Additionally, gains and losses related to risk management interest rate swaps that convert fixed-rate debt to a floating