Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 176

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 176
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 (Recoveries)Industry CategoryReal Estate & Home Builders$68 22 %$43 15 %$3 6 %Health Care & Social Assistance48 16 57 20 10 19 Residential Mortgage37 12 11 4 — — Information & Communication37 12 35 13 6 12 Manufacturing26 9 32 11 7 13 Retail Trade22 6 42 16 22 43 Utilities16 5 17 6 — — Services10 3 15 5 6 12 Wholesale Trade7 2 11 4 8 15 Arts, Entertainment & Recreation5 2 — — — — Management of Companies and Enterprises3 1 — — — — Mining, Quarrying and Oil & Gas Extraction— — — — (10)(20)Other (b)29 10 17 6 — — Total$308 100 %$280 100 %$52 100 %

(a)Based on an analysis of nonaccrual loans with book balances greater than $2 million.

(b)Other category includes other industry categories with smaller impacts, as well as consumer, excluding residential mortgage and certain personal purpose nonaccrual loans and net charge-offs.

Loans past due 90 days or more and still accruing interest generally represent loans that are well-collateralized and in the process of collection. Loans past due 90 days or more increased $24 million to $44 million at December 31, 2024, compared to $20 million at December 31, 2023. Loans past due 30-89 days increased $21 million to $219 million at December 31, 2024, compared to $198 million at December 31, 2023. Loans past due 30 days or more and still accruing interest as a percentage of total loans were 0.52 percent and 0.42 percent at December 31, 2024 and December 31, 2023, respectively. An aging analysis of loans included in Note 4 to the consolidated financial statements provides further information about the balances comprising past due loans.

The following table presents a summary of total criticized loans. The Corporation's criticized list is consistent with the Special Mention, Substandard and Doubtful categories defined by