Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 545

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 545
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Level 2Level 3December 31, 2024AssetsCash and due from banks$850 $850 $850 $— $— Interest-bearing deposits with banks5,954 5,954 5,954 — — Other short-term investments21 21 21 — — Total loans, net of allowance for loan losses (a)49,849 49,436 — — 49,436 LiabilitiesDemand deposits59,277 59,277 — 59,277 — Time deposits4,534 4,555 — 4,555 — Total deposits63,811 63,832 — 63,832 — Medium- and long-term debt6,673 6,780 — 6,780 — Credit-related financial instruments(64)(64)— — (64)December 31, 2023AssetsCash and due from banks$1,443 $1,443 $1,443 $— $— Interest-bearing deposits with banks8,059 8,059 8,059 — — Other short-term investments24 24 24 — — Total loans, net of allowance for loan losses (a)51,425 50,633 — — 50,633 LiabilitiesDemand deposits58,476 58,476 — 58,476 — Time deposits8,286 8,391 — 8,391 — Total deposits66,762 66,867 — 66,867 — Short-term borrowings3,565 3,565 3,565 — — Medium- and long-term debt6,206 6,207 — 6,207 — Credit-related financial instruments(72)(72)— — (72)(a)Included $158 million and $44 million of loans recorded at fair value on a nonrecurring basis at December 31, 2024 and 2023, respectively.

F-59

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTSComerica Incorporated and Subsidiaries

NOTE 3 - INVESTMENT SECURITIES

A summary of the Corporation’s investment securities follows:(in millions)AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesFair ValueDecember