Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 548

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 548
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312 1,292 After five years through ten years5,119 4,564 After ten years11,181 8,883 Total investment securities$17,918 $15,045 At December 31, 2024, investment securities with a carrying value of $7.0 billion were pledged where permitted or required by law. Pledges included $6.0 billion to the Federal Home Loan Bank (FHLB) as collateral for current advances and potential future borrowings as well as $1.0 billion to secure $357 million of liabilities, consisting of trust deposits, deposits of public entities and state and local government agencies as well as derivative instruments. For information on FHLB borrowings, refer to Note 12.

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Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTSComerica Incorporated and Subsidiaries

NOTE 4 – CREDIT QUALITY AND ALLOWANCE FOR CREDIT LOSSES

The following table presents an aging analysis of the amortized cost basis of loans.Loans Past Due and Still Accruing   (in millions)30-59 Days60-89 Days90 Daysor MoreTotalNonaccrualLoansCurrentLoansTotal LoansDecember 31, 2024Business loans:Commercial$50 $16 $13 $79 $125 $26,288 $26,492 Real estate construction:Commercial Real Estate business line (a)— — — — — 3,358 3,358 Other business lines (b)— — — — — 322 322 Total real estate construction— — — — — 3,680 3,680 Commercial mortgage:Commercial Real Estate business line (a)75 8 — 83 49 5,912 6,044 Other business lines (b)11 7 31 49 69 8,331 8,449 Total commercial mortgage86 15 31 132 118 14,243 14,493 Lease financing12 — — 12 1 709 722 International— — — — — 952 952 Total business loans148 31 44 223 244 45,872 46,339 Retail loans:Residential mortgage5 5 —