Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 160

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 8
Chunk 160
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 2024, respectively.(in millions)Nonaccrual Loans with No Related AllowanceNonaccrual Loans with Related AllowanceTotal Nonaccrual LoansMarch 31, 2025Business loans:Commercial$15 $93 $108 Real estate construction:Commercial Real Estate business line (a)— 20 20 Total real estate construction— 20 20 Commercial mortgage:Commercial Real Estate business line (a)— 45 45 Other business lines (b)3 62 65 Total commercial mortgage3 107 110 Lease financing— 1 1 Total business loans18 221 239 Retail loans:Residential mortgage35 — 35 Consumer:Home equity27 — 27 Total retail loans62 — 62 Total nonaccrual loans$80 $221 $301 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.15

Table of ContentsNotes to Consolidated Financial Statements (unaudited)Comerica Incorporated and SubsidiariesForeclosed PropertiesForeclosed properties were insignificant at both March 31, 2025 and December 31, 2024. Retail loans secured by residential real estate properties in process of foreclosure included in nonaccrual loans were $3 million at March 31, 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