Company: CMA
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000028412-25-000197
Chunk: 168

Company: COMERICA INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 168
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Total business loans23 155 178 Retail loans:Residential mortgage42 — 42 Consumer:Home equity28 — 28 Total retail loans70 — 70 Total nonaccrual loans$93 $155 $248 December 31, 2024Business loans:Commercial$9 $116 $125 Commercial mortgage:Commercial Real Estate business line (a)— 49 49 Other business lines (b)7 62 69 Total commercial mortgage7 111 118 Lease financing— 1 1 Total business loans16 228 244 Retail loans:Residential mortgage37 — 37 Consumer:Home equity27 — 27 Total consumer27 — 27 Total retail loans64 — 64 Total nonaccrual loans$80 $228 $308 (a)Primarily loans to real estate developers.(b)Primarily loans secured by owner-occupied real estate.16

Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and SubsidiariesForeclosed PropertiesForeclosed properties were $1 million at June 30, 2025 and insignificant at December 31, 2024. Retail loans secured by residential real estate properties in process of foreclosure included in nonaccrual loans were $3 million at June 30, 2025 and $4 million at December 31, 2024.Loan Modifications Made to Borrowers Experiencing Financial Difficulty As part of its loss mitigation efforts, the Corporation may modify loans to borrowers experiencing financial difficulty in a manner resulting in an interest rate reduction, other-than-insignificant payment delay, a term extension, principal forgiveness or a combination thereof (collectively referred to as Financially Distressed Modifications, or FDMs).The following table displays the amortized cost basis at June 30, 2025 and 2024 of FDMs that were restructured during the three- and six-month periods ended June 30, 2025 and 2024 by type of modification.(in millions)Term Extension (a)Interest Rate ReductionCombinations (b)TotalPercent of Total Class Three Months Ended June 30, 2025Business loans:Commercial$97 $— $— $97 0.36 %Real estate construction:Commercial Real Estate business line (c)— — 12 12 0.36 Total real