Company: UMBFO
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028420
Chunk: 249

Company: UMB FINANCIAL CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 249
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    23.1
    %

    22.7
    %

    Kansas City, MO-KS

    10.1

    7.8

    Jacksonville, FL

    9.3

    9.1

    St. Louis, MO-IL

    7.5

    6.7

    Tampa-St. Petersburg-Clearwater, FL

    7.3

    6.8

    Raleigh-Cary, NC

    5.8

    5.9

    Cincinnati-Middletown, OH-KY-IN

    5.8

    5.1

    Phoenix-Mesa-Scottsdale, AZ

    5.3

    4.5

    Indianapolis-Carmel, IN

    5.0

    4.9

    Milwaukee-Waukesha-West Allis, WI

    —

    5.2

    All others

    20.8

    21.3

    Total Office CRE

    100.0
    %

    100.0
    %

Consumer real estate loans increased $226.5 million, or 7.7%, compared to 2023.  These loans represented 12.4% of total loans as of December 31, 2024, compared to 12.8% as of December 31, 2023.  

For further information on loan portfolio segments refer to Note 3, “Loans and Allowance for Credit Losses,” in the Notes to the Consolidated Financial Statements.

Nonaccrual, past due and restructured loans are discussed under “Quantitative and Qualitative Disclosure about Market Risk – Credit Risk Management” in Item 7A of this report.

Investment Securities

The Company’s investment portfolio contains trading, available-for-sale (AFS), and held-to-maturity (HTM) securities as well as FRB stock, Federal Home Loan Bank (FHLB) stock, and other miscellaneous investments.  Investment securities totaled $13.7 billion as of December 31, 2024 and $13.3 billion as of December 31, 2023 and comprised 28.5% and 31.9% of the Company’s earning assets, respectively, as of those dates.  

During 2022, securities with an amortized cost of $4.1 billion and a fair value of $3