Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 55

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 55
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U.S. Bancorp 

Consolidated Balance Sheet 

(Dollars in Millions)June 30,2025December 31,2024(Unaudited) AssetsCash and due from banks$57,807 $56,502 Investment securitiesHeld-to-maturity (fair value $67,032 and $66,275, respectively; including $32 pledged as collateral at 6/30/25)(a)77,879 78,634 Available-for-sale ($319 and $320 pledged as collateral, respectively)(a)90,577 85,992 Loans held for sale (including $2,285 and $2,251 of mortgage loans carried at fair value, respectively)2,288 2,573 LoansCommercial147,416 139,484 Commercial real estate48,181 48,859 Residential mortgages114,475 118,813 Credit card30,023 30,350 Other retail40,148 42,326 Total loans380,243 379,832 Less allowance for loan losses(7,537)(7,583)Net loans372,706 372,249 Premises and equipment3,625 3,565 Goodwill12,637 12,536 Other intangible assets5,285 5,547 Other assets (including $12,819 and $7,501 of trading securities at fair value pledged as collateral, respectively)(a)63,566 60,720 Total assets$686,370 $678,318 Liabilities and Shareholders’ EquityDepositsNoninterest-bearing$86,972 $84,158 Interest-bearing (including $7,305 and $5,754 of time deposits carried at fair value, respectively)431,745 434,151 Total deposits518,717 518,309 Short-term borrowings15,039 15,518 Long-term debt (including $1,152 and $391 of long-term debt carried at fair value, respectively)64,013 58,002 Other liabilities26,705 27,449 Total liabilities624,474 619,278 Shareholders’ equityPreferred stock6,808 6,808 Common stock, $.01 par value per share, authorized: 4,000,000,000 shares; issued: 6/30/25 and 12/31/24—2,125,725,742 shares21