Company: USB-PA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000036104-25-000055
Chunk: 72

Company: US BANCORP \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 72
---
789 $2,644 $838 $7,915 AddProvision for credit losses155 9 (33)338 32 501 DeductLoans charged-off155 74 4 373 77 683 Less recoveries of loans charged-off(27)(17)(5)(56)(24)(129)Net loan charge-offs (recoveries)128 57 (1)317 53 554 Balance at end of period$2,239 $1,384 $757 $2,665 $817 $7,862 2024Balance at beginning of period$2,159 $1,629 $843 $2,425 $848 $7,904 AddProvision for credit losses164 3 (11)388 24 568 DeductLoans charged-off180 38 3 358 73 652 Less recoveries of loans charged-off(37)(2)(7)(43)(25)(114)Net loan charge-offs (recoveries)143 36 (4)315 48 538 Balance at end of period$2,180 $1,596 $836 $2,498 $824 $7,934 Six Months Ended June 30 (Dollars in Millions)CommercialCommercial Real EstateResidential MortgagesCredit CardOther RetailTotal Loans2025Balance at beginning of period$2,175 $1,508 $783 $2,640 $819 $7,925 AddProvision for credit losses355 (71)(27)667 114 1,038 DeductLoans charged-off342 99 8 759 165 1,373 Less recoveries of loans charged-off(51)(46)(9)(117)(49)(272)Net loan charge-offs (recoveries)291 53 (1)642 116 1,101 Balance at end of period$2,239 $1,384 $757 $2,665 $817 $7,862 2024Balance at beginning of period$2,119 $1,620 $827 $2,403 $870 $7,839 AddProvision for credit losses320 33 5 706 57 1,121 DeductLoans charged-off319 72 7 695 154 1,