Company: CMA
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000028412-25-000108
Chunk: 550

Company: COMERICA INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 550
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62

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTSComerica Incorporated and Subsidiaries

The following table presents loans by credit quality indicator and vintage year. Credit quality indicator is based on internal risk ratings assigned to each business loan at the time of approval and subjected to subsequent reviews, generally at least annually, and to pools of retail loans with similar risk characteristics. Vintage year is the year of origination or major modification.  December 31, 2024Vintage Year(in millions)20242023202220212020PriorRevolversRevolvers Converted to TermTotalBusiness loans:Commercial:    Pass (a)$3,313 (b)$2,129 (b)$1,856 (b)$1,127 $358 $1,192 $15,173 $15 $25,163     Criticized (b)90 160 179 185 33 59 621 2 1,329 Total commercial3,403 2,289 2,035 1,312 391 1,251 15,794 17 26,492 Commercial gross charge-offs1 1 9 29 9 12 10 1 72 Real estate construction    Pass (a)137 703 1,987 550 19 23 223 — 3,642     Criticized (b)— — 36 — — 2 — — 38 Total real estate construction137 703 2,023 550 19 25 223 — 3,680 Commercial mortgage    Pass (a)1,423 1,574 3,339 2,576 1,301 2,414 793 — 13,420     Criticized (b)105 187 350 102 111 208 10 — 1,073 Total commercial mortgage1,528 1,761 3,689 2,678 1,412 2,622 803 — 14,493 Commercial mortgage gross charge-offs— — 11 — — 5 — — 16 Lease financing    Pass (a)262 226 38 80 30 80 — — 716     Criticized (b)3 1 1 — — 1