Company: CMA
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000028412-25-000235
Chunk: 27

Company: COMERICA INC
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 27
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 similar to business loans, multiplied by a probability of draw estimate based on historical experience and credit risk, applied to commitment amounts. The allowance for credit losses on lending-related commitments totaled $39 million and $35 million at September 30, 2025 and December 31, 2024, respectively.

For additional information regarding the allowance for credit losses, refer to the "Critical Accounting Estimates" section and pages F-49 through F-50 in Note 1 to the consolidated financial statements of the Corporation's 2024 Annual Report.

Nonperforming Assets

Nonperforming assets include loans on nonaccrual status and foreclosed assets. The following table presents a summary of nonperforming assets and past due loans.

56

(dollar amounts in millions)September 30, 2025December 31, 2024Total nonperforming loans$258 $308 Foreclosed property2 — Total nonperforming assets260308 Nonperforming loans as a percentage of total loans0.51  %0.61  %Nonperforming assets as a percentage of total loans and foreclosed property0.51 0.61 Loans past due 90 days or more and still accruing$14 $44 

Nonperforming assets decreased $48 million to $260 million at September 30, 2025 from $308 million at December 31, 2024, which included decreases of $49 million in nonaccrual business loans and $1 million in nonaccrual retail loans. Nonperforming loans were 0.51% of total loans at September 30, 2025, compared to 0.61% at December 31, 2024. For further information regarding the composition of nonperforming loans, refer to Note 4 to the consolidated financial statements.

The following table presents a summary of changes in nonaccrual loans.

Three Months Ended(in millions)September 30, 2025June 30, 2025March 31, 2025Balance at beginning of period$248 $301 $308 Loans transferred to nonaccrual (a)55 19 43 Nonaccrual loan gross charge-offs(45)(31)(32)Loans transferred to accrual status (a)(8)— — Nonaccrual loans sold(17)— (1)Payments/other (b)25 (41)(17)Balance at end of period