March 31, 2025 U.S. Bank N.A. (Cincinnati, OH)

Board of Governors of the Federal Reserve System OMB Number 7100-0036 Federal Deposit Insurance Corporation OMB Number 3064-0052 Office of the Comptroller of the Currency OMB Number 1557-0081

Approval expires June 30, 2027

Page 1 of 88

Federal Financial Institutions Examination Council

Consolidated Reports of Condition and Income for

a Bank with Domestic and Foreign Offices-FFIEC 031

Report at the close of business March 31, 2025 20250331

(RCON 9999)

This report is required by law: 12 U.S.C. § 324 (State member This report form is to be filed by (1) banks with branches and banks); 12 U.S.C. §1817 (State nonmember banks); 12 U.S.C. § consolidated subsidiaries in U.S. territories and possessions, 161 (National banks); and 12 U.S.C. §1464 (Savings associations). Edge or Agreement subsidiaries, foreign branches, consolidated

foreign subsidiaries, or International Banking Facilities, (2) banks Unless the context indicates otherwise, the term "bank" in this with domestic offices only and total consolidated assets of $100 report form refers to both banks and savings associations. billion or more, and (3) banks that are advanced approaches

institutions for regulatory capital purposes.

NOTE: Each bank's board of directors and senior management are schedules) for this report date have been prepared in confor-responsible for establishing and maintaining an effective system of mance with the instructions issued by the appropriate Federal internal control, including controls over the Reports of Condition and regulatory authority and are true and correct to the best of my Income. The Reports of Condition and Income are to be prepared in knowledge and belief.

accordance with federal regulatory authority instructions. The Reports

of Condition and Income must be signed by the Chief Financial We, the undersigned directors (trustees), attest to the correct-Officer (CFO) of the reporting bank (or by the individual performing an ness of the Reports of Condition and Income (including the sup-equivalent function) and attested to by not less than two directors porting schedules) for this report date and declare that the (trustees) for state nonmember banks and three directors for state Reports of Condition and Income have been examined by us and member banks, national banks, and savings associations. to the best of our knowledge and belief have been prepared in

conformance with the instructions issued by the appropriate I, the undersigned CFO (or equivalent) of the named bank, attest Federal regulatory authority and are true and correct.

that the Reports of Condition and Income (including the supporting

Director (Trustee)

Signature of Chief Financial Officer (or Equivalent) Director (Trustee)

April 30, 2025

Date of Signature Director (Trustee)

Submission of Reports

Each bank must file its Reports of Condition and Income (Call To fulfill the signature and attestation requirement for the Reports Report) data by either: of Condition and Income for this report date, attach your bank's completed signature page (or a photocopy or a computer gener-

1. Using computer software to prepare its Call Report and then ated version of this page) to the hard-copy record of the data file submitting the report data directly to the FFIEC's Central Data submitted to the CDR that your bank must place in its files.

   Repository (CDR), an Internet-based system for data collec-

   tion (https://cdr.ffiec.gov/cdr/), or The appearance of your bank's hard-copy record of the

2. Completing its Call Report in paper form and arranging with a submitted data file need not match exactly the appearance of the software vendor or another party to convert the data into the FFIEC's sample report forms, but should show at least the electronic format that can be processed by the CDR. The soft- caption of each Call Report item and the reported amount.

   ware vendor or other party then must electronically submit the

   bank's data file to the CDR. U.S. Bank National Association

   Legal Title of Bank (RSSD 9017)

   For technical assistance with submissions to the CDR, please

   contact the CDR Help Desk by telephone at (888) CDR-3111, by Cincinnati

   fax at (703) 774-3946, or by e-mail at [email protected]. City (RSSD 9130)

   FDIC Certificate Number

   OH45202

   6548

(RSSD 9050) State Abbreviation (RSSD 9200) Zip Code (RSSD 9220)

Legal Entity Identifier (LEI)

(Report only if your institution already has an LEI.) (RCON 9224)

The estimated average burden associated with this information collection is 86.12 hours per respondent and is expected to vary by institution, depending on individual circumstances. Burden estimates include the time for reviewing instructions, gathering and maintaining data in the required form, and completing the information collection, but exclude the time for compiling and maintaining business records in the normal course of a respondent's activities. A Federal agency may not conduct or sponsor, and an organization (or a person) is not required to respond to a collection of information, unless it displays a currently valid OMB control number. Comments concerning the accuracy of this burden estimate and suggestions for reducing this burden should be directed to the Office of Information and Regulatory Affairs, Office of Management and Budget, Washington, DC 20503, and to one of the following: Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551; Legislative and Regulatory Analysis Division, Office of the Comptroller of the Currency, Washington, DC 20219; Assistant Executive Secretary, Federal Deposit Insurance Corporation, Washington, DC 20429.

Consolidated Reports of Condition and Income for a Bank with Domestic and Foreign Offices

Table of Contents

Signature Page........................................................................................1 Schedule RC-F-Other Assets. RC-21

Schedule RC-G-Other Liabilities.......................................RC-21

Contact Information............................................................................3, 4 Schedule RC-H-Selected Balance Sheet Items for

Domestic Offices........................................................RC-22, 23

Report of Income Schedule RC-I-Assets and Liabilities of IBFs...................RC-23 Schedule RI-Income Statement................................... .........RI-1, 2, 3, 4 Schedule RC-K-Quarterly Averages…… ........................RC-24 Schedule RI-A-Changes in Bank Equity Capital.......... .....................RI-5 Schedule RC-L-Derivatives and

Schedule RI-B-Charge-offs and Recoveries on Off-Balance-Sheet Items………………… ......RC-25, 26, 27, 28

Loans and Leases and Changes in Allowances Schedule RC-M-Memoranda… RC-29, 30, 31,

for Credit Losses:

Part I. Charge-offs and Recoveries on Loans and Schedule RC-N-Past Due and Nonaccrual Loans, Leases................................................................... .................RI-5, 6 Leases, and Other Assets…………………......RC-32, 33, 34, 35

Part II. Changes in Allowances for Credit

Losses.........................................................................................RI-7 Schedule RC-O-Other Data for Deposit Insurance

Schedule RI-C-Disaggregated Data on the Assessments….................…….….…RC- 36, 37, 38, 39, 40, 41

Allowances for Credit Losses

(to be completed only by selected banks): .....................RI-8 Schedule RC-P-1-4 Family Residential Mortgage

Banking Activities in Domestic Offices

Schedule RI-D-Income from Foreign Offices………… .....................RI-9 (to be completed only by selected banks)........................RC-42

Schedule RI-E-Explanations…………………………… ..............RI-10,11 Schedule RC-Q-Assets and Liabilities Measured

at Fair Value on a Recurring Basis

Report of Condition (to be completed only by selected banks)............RC-43, 44, 45 Schedule RC-Balance Sheet....................................... ...........RC-1, 2, 3

Schedule RC-R-Regulatory Capital:

Schedule RC-A-Cash and Balances Due Part I. Regulatory Capital Components

from Depository Institutions...........................................................RC-4 and Ratios. RC-46, 47, 48, 49, 50

Part II. Risk-Weighted Assets. RC-51, 52,

Schedule RC-B-Securities.........................................RC-4, 5, 6, 7, 8, 9 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64

Schedule RC-C-Loans and Lease Financing Schedule RC-S-Servicing, Securitization,

Receivables: and Asset Sale Activities......................................RC-65, 66, 67

Part I. Loans and Leases....................................RC-10, 11, 12, 13, 14

Part II. Loans to Small Businesses and Schedule RC-T-Fiduciary and Related

Small Farms............................................................................RC-15 Services…………………………………… ......RC-68, 69, 70, 71

Schedule RC-D-Trading Assets and Liabilities Schedule RC-V-Variable Interest Entities.........................RC-72 (to be completed only by selected

banks)……………………………………………………............RC-16, 17 Optional Narrative Statement Concerning

the Amounts Reported in the Consolidated Reports

Schedule RC-E-Deposit Liabilities: of Condition and Income.......................... ........................RC-73 Part I. Deposits in Domestic Offices................................RC-18, 19, 20

Part II. Deposits in Foreign Offices (including

Edge and Agreement Subsidiaries and IBFs)….... .................RC-20

For information or assistance, national banks, state nonmember banks, and savings associations should contact the FDIC's Data Collection and Analysis Section, 550 17th Street, NW, Washington, DC 20429, toll free on (800) 688-FDIC(3342), Monday through Friday between 8:00 a.m. and 5:00 p.m., EasteTime. State member banks should contact their Federal Reserve District Bank.

Contact Information for the Reports of Condition and Income

To facilitate communication between the Agencies and the bank concerning the Reports of Condition and Income, please provide contact information for (1) the Chief Financial Officer (or equivalent) of the bank signing the reports for this quarter, and (2) the person

at the bank -other than the Chief Financial Officer (or equivalent) - to whom questions about the reports should be directed. If the Chief Financial Officer (or equivalent) is the primary contact for questions about the reports, please provide contact information for another person at the bank who will serve as a secondary contact for communications between the Agencies and the bank concerning the Reports of Condition and Income. Enter "none" for the contact's e-mail address or fax number if not available. Contact information for

the Reports of Condition and Income is for the confidential use of the Agencies and will not be released to the public.

Chief Financial Officer (or Equivalent) Other Person to Whom Questions about the Signing the Reports Reports Should be Directed

CONF CONF

Name (TEXT C490) Name (TEXT C495)

CONF CONF

Title (TEXT C491) Title (TEXT C496)

CONF CONF

E-mail Address (TEXT C492) E-mail Address (TEXT 4086)

CONF CONF

Area Code / Phone Number / Extension (TEXT C493) Area Code / Phone Number / Extension (TEXT 8902)

CONF CONF

Area Code / FAX Number (TEXT C494) Area Code / FAX Number (TEXT 9116)

Chief Executive Officer Contact Information

This information is being requested so the Agencies can distribute notifications about policy initiatives, deposit insurance assessments, and other matters directly to the Chief Executive Officers of reporting institutions. Notifications about other matters may include emergency notifications that may or may not also be sent to the institution's emergency contacts listed below. Please provide contact information for the Chief Executive Officer of the reporting institution. Enter "none" for the Chief Executive Officer's e-mail address or fax number if not available. Chief Executive Officer contact information is for the confidential use of the Agencies and will not be released to the public.

Chief Executive Officer

CONF CONF

Name (TEXT FT42) Area Code / Phone Number / Extension (TEXT FT43)

CONF CONF

E-mail Address (TEXT FT44) Area Code / FAX Number (TEXT FT45)

Emergency Contact Information

This information is being requested so the Agencies can distribute critical, time-sensitive information to emergency contacts at banks. Please provide primary contact information for a senior official of the bank who has decision-making authority. Also provide information for a secondary contact if available. Enter "none" for the contact's e-mail address or fax number if not available. Emergency contact information is for the confidential use of the Agencies and will not be released to the public.

Primary Contact Secondary Contact

CONF CONF

Name (TEXT C366) Name (TEXT C371)

CONF CONF

Title (TEXT C367) Title (TEXT C372)

CONF CONF

E-mail Address (TEXT C368) E-mail Address (TEXT C373)

CONF CONF

Area Code / Phone Number / Extension (TEXT C369) Area Code / Phone Number / Extension (TEXT C374)

CONF CONF

Area Code / FAX Number (TEXT C370) Area Code / FAX Number (TEXT C375)

USA PATRIOT Act Section 314(a) Anti-Money Laundering Contact Information

This information is being requested to identify points-of-contact who are in charge of your bank's USA PATRIOT Act Section 314(a) information requests. Bank personnel listed could be contacted by law enforcement officers or the Financial Crimes Enforcement Network (FinCEN) for additional information related to specific Section 314(a) search requests or other anti-terrorist financing and anti-money-laundering matters. Communications sent by FinCEN to the bank for purposes other than Section 314(a) notifications will state the intended purpose and should be directed to the appropriate bank personnel for review. Any disclosure of customer records to law enforcement officers or FinCEN must be done in compliance with applicable law, including the Right to Financial Privacy Act (12 U.S.C. 3401 et seq.).

Please provide information for a primary and secondary contact. Information for a third and fourth contact may be provided at the bank's option. Enter "none" for the contact's e-mail address if not available. This contact information is for the confidential use of the Agencies, FinCEN, and law enforcement officers and will not be released to the public.

Primary Contact Secondary Contact

CONFCONF

Name (TEXT C437) Name (TEXT C442)

CONFCONF

Title (TEXT C438) Title (TEXT C443)

CONFCONF

E-mail Address (TEXT C439) E-mail Address (TEXT C444)

CONFCONF

Area Code/ Phone Number/ Extension (TEXT C440) Area Code/ Phone Number/ Extension (TEXT C445)

Third Contact Fourth Contact

CONFCONF

Name (TEXT C870) Name (TEXT C875)

CONFCONF

Title (TEXT C871) Title (TEXT C876)

CONFCONF

E-mail Address (TEXT C872) E-mail Address (TEXT C877)

CONFCONF

Area Code/ Phone Number/ Extension (TEXT C873) Area Code/ Phone Number/ Extension (TEXT C878)

Consolidated Report of Income

for the period January 1, 2025-March 31, 2025

All Report of Income schedules are to be reported on a calendar year-to-date basis in thousands of dollars.

	RIAD	Amount
	4435	1,468,653
	4436	698,766
	4024	15,601
	4012	1,434,648
	B485	954,864
	B486	280,762
	4056	0
	B487	584,054
	4059	915
	4010	5,438,263
	4065	122,528
	4115	479,428
	B488	249,041
	B489	823,211
	4060	233,268
	4069	1,782
	4020	129
	4518	37,008
	4107	7,384,658
	4508	201,292
	0093	1,885,180
	HK03	363,725
	HK04	142,473
	4172	36,054
	4180	17,941
	4185	518,200

Schedule RI-Income Statement

RI-1

1.a.(1)(a)(1)

1.a.(1)(a)(2)

1.a.(1)(b)

1.a.(1)(c)

1.a.(1)(d)(1)

1.a.(1)(d)(2)

1.a.(1)(e)

1.a.(1)(f)

1.a.(2)

1.a.(3)

1.b.

1.c.

1.d.(1)

1.d.(2)

1.d.(3)

1.e.

1.f.

1.g.

1.h.

2.a.(1)(a)

2.a.(1)(b)(1)

2.a.(1)(b)(2)

2.a.(1)(b)(3)

2.a.(2)

2.b.

2.c.

1. Includes interest income on time certificates of deposit not held for trading.

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U.S. Bancorp published this content on May 01, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 01, 2025 at 14:27 UTC.