Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 555

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 555
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11 39 Provision for credit losses on lending-related commitments(3)(2)(5)(9)(2)(11)16 5 21 Provision for credit losses54 (5)49 91 (2)89 44 16 60 Balance at end of period:Allowance for loan losses625 65 690 620 68 688 541 69 610 Allowance for credit losses on lending-related commitments28 7 35 31 9 40 40 11 51 Allowance for credit losses$653 $72 $725 $651 $77 $728 $581 $80 $661 Allowance for loan losses as a percentage of total loans1.35 %1.55 %1.37 %1.29 %1.63 %1.32 %1.10 %1.67 %1.14 %Allowance for credit losses as a percentage of total loans1.41 1.73 1.44 1.36 1.85 1.40 1.18 1.96 1.24 

F-65

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTSComerica Incorporated and Subsidiaries

Nonaccrual LoansThe following table presents additional information regarding nonaccrual loans. Interest income of $16 million, $9 million and $12 million was recognized on nonaccrual loans for the years ended December 31, 2024, 2023 and 2022, respectively.(in millions)Nonaccrual Loans with No Related AllowanceNonaccrual Loans with Related AllowanceTotalNonaccrualLoansDecember 31, 2024Business loans:Commercial$9 $116 $125 Commercial mortgage:Commercial Real Estate business line (b)— 49 49 Other business lines (a)7 62 69 Total commercial mortgage7 111 118 Lease financing— 1 1 Total business loans16 228 244 Retail loans:Residential mortgage37 — 37 Consumer:Home equity27 — 27 Total consumer27 — 27 Total retail loans64 — 64 Total nonaccrual loans$80 $228 $308 December 31, 2023Business loans:Commercial$47