Company: USB-PA
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0000036104-25-000028
Chunk: 159

Company: US BANCORP \DE\
Filing Date: 2025-05-06
Form: 10-Q
Chunk 159
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 |      |     |   3.7 |         |                  | 669,393 |      |   | 653,909 |      |     |   2.4 |         |                  |        |      |   |        |      |     |       |         |
| Noninterest-bearing deposits                               |     |                                                         |   2,740 |      |   |   2,052 |      |     |  33.5 |         |                  |  79,696 |      |   |  84,787 |      |     |  -6.0 |         |                  |        |      |   |        |      |     |       |         |
| Interest-bearing deposits                                  |     |                                                         |  11,592 |      |   |  11,070 |      |     |   4.7 |         |                  | 426,838 |      |   | 418,274 |      |     |   2.0 |         |                  |        |      |   |        |      |     |       |         |
| Total deposits                                             |     |                                                         |  14,332 |      |   |  13,122 |      |     |   9.2 |         |                  | 506,534 |      |   | 503,061 |      |     |    .7 |         |                  |        |      |   |        |      |     |       |         |
| Total U.S. Bancorp shareholders’ equity                    |     |                                                         |  14,127 |      |   |   9,091 |      |     |  55.4 |         |                  |  59,611 |      |   |  55,667 |      |     |   7.1 |         |                  |        |      |   |        |      |     |       |         |

* Not meaningful

| 26 |     | U.S. Bancorp |

### Non-GAAP Financial Measures
In addition to capital ratios defined by banking regulators, the Company considers various other measures when evaluating capital utilization and adequacy, including:

• Tangible common equity to tangible assets,

• Tangible common equity to risk-weighted assets,

• Common equity tier 1 capital to risk-weighted assets, reflecting the full implementation of the CECL methodology, and

• Return on tangible common equity.

These capital measures are viewed by management as