Company: CMA
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000028412-25-000154
Chunk: 64

Company: COMERICA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 64
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 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 basis at March 31, 2025 and 2024 of FDMs that were restructured during the three-month periods ended March 31, 2025 and 2024 by type of modification.(in millions)Term Extension (a)Interest Rate ReductionCombinations (b)TotalPercent of Total Class Three Months Ended March 31, 2025Business loans:Commercial$44 $— $— $44 0.17 %Commercial mortgage:Commercial Real Estate business line (c)34 — — 34 0.54 Other business lines (d)10 — — 10 0.12 Total commercial mortgage44 — — 44 0.30 Total business loans88 — — 88 0.19 Retail loans:Consumer:Home equity— 1 — 1 0.07 Total consumer— 1 — 1 0.06 Total retail loans— 1 — 1 0.03 Total loans$88 $1 $— $89 0.18 %Three Months Ended March 31, 2024Business loans:Commercial$108 $— $10 $118 0.45 %Commercial mortgage:Other business lines (d)5 — — 5 0.06 Total commercial mortgage5 — — 5 0.04 International1 — — 1 0.13 Total business loans114 — 10 124 0.27 Retail loans:Consumer:Home equity1 1 1 3 0.12 Total consumer1 1 1 3 0.10 Total retail loans1 1 1