Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 305

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 1
Chunk 305
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 $94 million in 2023. For further information about the composition of loans transferred to nonaccrual status during 2024, refer to the nonaccrual information by industry category table below.

The following table presents the composition of nonaccrual loans by balance and the related number of borrowers at December 31, 2024 and 2023.

20242023(dollar amounts in millions)Number ofBorrowersBalanceNumber ofBorrowersBalanceUnder $2 million490 $68 457 $50 $2 million - $5 million18 64 11 35 $5 million - $10 million5 33 5 35 $10 million - $25 million6 112 4 58 Greater than $25 million1 31 — — Total 520 $308 477 $178 

F-23

The following table presents a summary of nonaccrual loans at December 31, 2024 and loans transferred to nonaccrual and net loan charge-offs (recoveries) for the year ended December 31, 2024, based on North American Industry Classification System categories.

December 31, 2024Year Ended December 31, 2024(dollar amounts in millions)Nonaccrual LoansLoans Transferred toNonaccrual (a)Net Loan Charge-Offs (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 — —