Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 23

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 7
Chunk 23
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4,177 8 .77 Total commercial143,817 128 .36 134,339 143 .43 Commercial Real EstateCommercial mortgages38,194 57 .60 40,871 35 .34 Construction and development10,272 — — 11,418 1 .04 Total commercial real estate48,466 57 .47 52,289 36 .28 Residential Mortgages115,616 (1)— 116,478 (4)(.01)Credit Card29,588 317 4.30 28,349 315 4.47 Other RetailRetail leasing3,869 10 1.04 4,185 3 .29 Home equity and second mortgages13,678 — — 13,053 (1)(.03)Other23,495 43 .73 25,992 46 .71 Total other retail41,042 53 .52 43,230 48 .45 Total loans$378,529 $554 .59 %$374,685 $538 .58 %Six Months Ended June 3020252024(Dollars in Millions)Average Loan BalanceNet       Charge-offsPercentAverage Loan BalanceNet       Charge-offsPercentCommercialCommercial$137,778 $281 .41 %$128,382 $244 .38 %Lease financing4,206 10 .48 4,171 15 .72 Total commercial141,984 291 .41 132,553 259 .39 Commercial Real EstateCommercial mortgages38,408 52 .27 41,208 50 .24 Construction and development10,269 1 .02 11,455 7 .12 Total commercial real estate48,677 53 .22 52,663 57 .22 Residential Mortgages117,221 (1)— 116,059 (4)(.01)Credit Card29,497 642 4.39 28,145 611 4.37 Other RetailRetail leasing3,929 23 1.18 4,134 8 .39 Home equity and second mortgages13,610 (1)(.01)13,018 (1)(.02)Other23,859 94