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September 30, 2024 U.S. Bank N.A. (Cincinnati, OH)

Report at the close of business September 30, 2024
This report is required by law: 12 U.S.C. § 324 (State member banks); 12 U.S.C. §1817 (State nonmember banks); 12 U.S.C. § 161 (National banks); and 12 U.S.C. §1464 (Savings associations).

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

20240930

(RCON 9999)

This report form is to be filed by (1) banks with branches and consolidated subsidiaries in U.S. territories and possessions, 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)

October 30, 2024

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
  1. 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

U.S. Bank National Association

bank's data file to the CDR.

For technical assistance with submissions to the CDR, please

Legal Title of Bank (RSSD 9017)

Cincinnati

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

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

City (RSSD 9130)

FDIC Certificate Number

6548

OH

45202

(RSSD 9050)

State Abbreviation (RSSD 9200)

Zip Code (RSSD 9220)

Legal Entity Identifier (LEI)

6BYL5QZYBDK8S7L73M02

(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.

09/2024

FFIEC 031

Page 2 of 88

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

Table of Contents

Signature Page

1

Contact Information

3, 4

Report of Income

Schedule RI-Income Statement

RI-1, 2, 3, 4

Schedule RI-A-Changes in Bank Equity Capital

RI-5

Schedule RI-B-Charge-offs and Recoveries on

Loans and Leases and Changes in Allowances

for Credit Losses:

Part I. Charge-offs and Recoveries on Loans and

Leases

RI-5, 6

Part II. Changes in Allowances for Credit

Losses

RI-7

Schedule RI-C-Disaggregated Data on the

Allowances for Credit Losses

(to be completed only by selected banks):

RI-8

Schedule RI-D-Income from Foreign Offices……………......................RI-9

Schedule RI-E-Explanations………………………………...............RI-10,11

Report of Condition

Schedule RC-Balance Sheet

RC-1, 2, 3

Schedule RC-A-Cash and Balances Due

from Depository Institutions

RC-4

Schedule RC-B-Securities

RC-4, 5, 6, 7, 8

Schedule RC-C-Loans and Lease Financing

Receivables:

Part I. Loans and Leases

RC-9, 10, 11, 12, 13

Part II. Loans to Small Businesses and

Small Farms

RC-14, 15

Schedule RC-D-Trading Assets and Liabilities (to be completed only by selected

banks)……………………………………………………............RC-16, 17

Schedule RC-E-Deposit Liabilities:

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

Schedule RC-F-Other Assets

RC-21

Schedule RC-G-Other Liabilities

RC-21

Schedule RC-H-Selected Balance Sheet Items for

Domestic Offices

RC-22, 23

Schedule RC-I-Assets and Liabilities of IBFs

RC-23

Schedule RC-K-QuarterlyAverages………........................RC-24

Schedule RC-L-Derivatives and

Off-Balance-SheetItems…………………….......RC-25, 26, 27, 28

Schedule RC-M-Memoranda………………...........RC-29, 30, 31,

Schedule RC-N-Past Due and Nonaccrual Loans,

Leases, and Other Assets…………………......RC-32, 33, 34, 35

Schedule RC-O-Other Data for Deposit Insurance Assessments….................…….….…RC- 36, 37, 38, 39, 40, 41

Schedule RC-P-1-4 Family Residential Mortgage

Banking Activities in Domestic Offices

(to be completed only by selected banks)

RC-42

Schedule RC-Q-Assets and Liabilities Measured

at Fair Value on a Recurring Basis

(to be completed only by selected banks)

RC-43, 44, 45

Schedule RC-R-Regulatory Capital:

Part I. Regulatory Capital Components

and Ratios

RC-46, 47, 48, 49, 50

Part II. Risk-Weighted Assets

RC-51, 52,

53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64

Schedule RC-S-Servicing, Securitization,

and Asset Sale Activities

RC-65, 66, 67

Schedule RC-T-Fiduciary and Related Services………………………………………......RC-68, 69, 70, 71

Schedule RC-V-Variable Interest Entities

RC-72

Optional Narrative Statement Concerning

the Amounts Reported in....................................................the Consolidated Reports

RC-73

of Condition and Income

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.

03/2024

FFIEC 031

Page 3 of 88

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)

09/2016

FFIEC 031

Page 4 of 88

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

CONF

CONF

Name (TEXT C437)

Name (TEXT C442)

CONF

CONF

Title (TEXT C438)

Title (TEXT C443)

CONF

CONF

E-mail Address (TEXT C439)

E-mail Address (TEXT C444)

CONF

CONF

Area Code/ Phone Number/ Extension (TEXT C440)

Area Code/ Phone Number/ Extension (TEXT C445)

Third Contact

Fourth Contact

CONF

CONF

Name (TEXT C870)

Name (TEXT C875)

CONF

CONF

Title (TEXT C871)

Title (TEXT C876)

CONF

CONF

E-mail Address (TEXT C872)

E-mail Address (TEXT C877)

CONF

CONF

Area Code/ Phone Number/ Extension (TEXT C873)

Area Code/ Phone Number/ Extension (TEXT C878)

06/2012

Consolidated Report of Income

for the period January 1, 2024-September 30, 2024

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

Schedule RI-Income Statement

Dollar Amounts in Thousands

RIAD

1. Interest income:

a. Interest and fee income on loans:

(1) In domestic offices:

(a) Loans secured by real estate:

(1) Loans secured by 1-4 family residential properties

4435

(2) All other loans secured by real estate

4436

(b) Loans to finance agricultural production and other loans to farmers

4024

(c) Commercial and industrial loans

4012

(d) Loans to individuals for household, family, and other personal expenditures:

(1) Credit cards

B485

(2) Other (includes revolving credit plans other than credit cards, automobile loans,

and other consumer loans)

B486

(e) Loans to foreign governments and official institutions

4056

(f) All other loans in domestic offices

B487

(2) In foreign offices, Edge and Agreement subsidiaries, and IBFs

4059

(3) Total interest and fee income on loans (sum of items 1.a.(1)(a) through 1.a.(2))

4010

b. Income from lease financing receivables

4065

c. Interest income on balances due from depository institutions (1)

4115

d. Interest and dividend income on securities:

(1) U.S. Treasury securities and U.S. Government agency obligations

(excluding mortgage-backed securities)

B488

(2) Mortgage-backed securities

B489

(3) All other securities

(includes securities issued by states and political subdivisions in the U.S.)

4060

e. Interest income from trading assets

4069

f. Interest income on federal funds sold and securities purchased under agreements to resell

4020

g. Other interest income

4518

h. Total interest income (sum of items 1.a.(3) through 1.g)

4107

2. Interest expense:

a. Interest on deposits:

(1) Interest on deposits in domestic offices:

(a) Transaction accounts (interest-bearing demand deposits, NOW accounts, ATS

accounts, and telephone and preauthorized transfer accounts)

4508

(b) Nontransaction accounts:

(1) Savings deposits (includes MMDAs)

0093

(2) Time deposits of $250,000 or less

HK03

(3) Time deposits of more than $250,000

HK04

(2) Interest on deposits in foreign offices, Edge and Agreement subsidiaries, and IBFs

4172

b. Expense of federal funds purchased and securities sold under agreements to repurchase

4180

c. Interest on trading liabilities and other borrowed money

4185

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

FFIEC 031

Page 5 of 88

RI-1

Amount

4,316,068 1.a.(1)(a)(1)

2,460,412 1.a.(1)(a)(2)

57,091 1.a.(1)(b)

5,057,183 1.a.(1)(c)

2,860,424 1.a.(1)(d)(1)

1,007,319 1.a.(1)(d)(2)

0 1.a.(1)(e)

1,353,451 1.a.(1)(f)

5,210 1.a.(2)

17,117,158 1.a.(3)

340,509 1.b.

2,126,663 1.c.

768,631 1.d.(1)

2,281,095 1.d.(2)

726,554 1.d.(3)

9,215 1.e.

425 1.f.

102,312 1.g.

23,472,562 1.h.

577,409 2.a.(1)(a)

6,730,484 2.a.(1)(b)(1)

1,263,402 2.a.(1)(b)(2)

551,416 2.a.(1)(b)(3)

144,208 2.a.(2)

25,525 2.b.

1,701,648 2.c.

09/2024

FFIEC 031

Page 6 of 88

Schedule RI-Continued

RI-2

Year-to-date

Dollar Amounts in Thousands RIAD

Amount

2.

Interest expense (continued):

d. Interest on subordinated notes and debentures…………………………….………………………….…………… 4200

117,423

2.d.

e. Total interest expense (sum of items 2.a through 2.d)…………………………….…………….………………… 4073

11,111,515

2.e.

3.

Net interest income (item 1.h minus 2.e)…………………………….……………………… 4074

12,361,047

3.

4.

Provisions for credit losses(1)…………………………….…………………………………JJ33

1,685,924

4.

5.

Noninterest income:

a. Income from fiduciary activities (2)…………………………….…………………….………………………………… 4070

1,501,102

5.a.

b. Service charges on deposit accounts…………………………………….………….……………………………… 4080

856,812

5.b.

c. Trading revenue (3)………………………………………………………………………………….………………… A220

353,439

5.c.

d. Income from securities-related and insurance activities:

(1) Fees and commissions from securities brokerage……………………………………………………………… C886

271,808

5.d.(1)

(2) Investment banking, advisory, and underwriting fees and commissions…………………………………… C888

170,731

5.d.(2)

(3) Fees and commissions from annuity sales……………………………………….………….………………… C887

0

5.d.(3)

(4) Underwriting income from insurance and reinsurance activities……………………………………………… C386

0

5.d.(4)

(5) Income from other insurance activities…………………………………………….…………………………… C387

0

5.d.(5)

e. Venture capital revenue……………………………………………………………….………………………….…… B491

8,483

5.e.

f. Net servicing fees……………………………………………………………………………………………………… B492

272,091

5.f.

g. Net securitization income……………………………………………………………………………………………… B493

0

5.g.

h. Not applicable

i. Net gains (losses) on sales of loans and leases…………………………………………………………………… 5416

198,299

5.i.

j. Net gains (losses) on sales of other real estate owned……………………………….…………………………… 5415

2,768

5.j.

k. Net gains (losses) on sales of other assets (4)………………………………………………….…………………… B496

26,099

5.k.

l. Other noninterest income*…………………………………………………………………………………………… B497

4,282,838

5.l.

m. Total noninterest income (sum of items 5.a through 5.l)……………………………… 4079

7,944,470

5.m.

6.

a. Realized gains (losses) on held-to-maturity securities………………………………..… 3521

0

6.a.

b. Realized gains (losses) on available-for-sale debt securities………………………… 3196

(153,140)

6.b.

7.

Noninterest expense:

a. Salaries and employee benefits……………………………………………………………………………………… 4135

7,636,545

7.a.

b. Expenses of premises and fixed assets (net of rental income)

(excluding salaries and employee benefits and mortgage interest)………………….…………………………… 4217

912,462

7.b.

c. (1) Goodwill impairment losses……………………………………………………………………………………… C216

0

7.c.(1)

(2) Amortization expense and impairment losses for other intangible assets…………………………………… C232

427,837

7.c.(2)

d. Other noninterest expense*…………………………………………………………………………………………… 4092

3,476,172

7.d.

e. Total noninterest expense (sum of items 7.a through 7.d)……………………………. 4093

12,453,016

7.e.

8.

a. Income (loss) before change in net unrealized holding gains (losses) on equity

securities not held for trading, applicable income taxes, and discontinued

operations (item 3 plus or minus items 4, 5.m, 6.a, 6.b, and 7.e)……………………… HT69

6,013,437

8.a.

b. Change in net unrealized holding gains (losses) on equity securities not held

for trading (5)…………………………………………………………………….………… HT70

262

8.b.

c. Income (loss) before applicable income taxes, and discontinued

operations (sum of items 8.a and 8.b)…………………………………………………… 4301

6,013,699

8.c.

9.

Applicable income taxes (on item 8.c)……………………………………………………… 4302

1,278,697

9.

10.

Income (loss) before discontinued operations (item 8.c minus item 9)………………… 4300

4,735,002

10.

11.

Discontinued operations, net of applicable income taxes*………………………………... FT28

0

11.

* Describe on Schedule RI-E-Explanations.

  1. Institutions should report in item 4 the provisions for credit losses on all financial assets and off-balance-sheet credit exposures.
  2. For banks required to complete Schedule RC-T, items 14 through 22, income from fiduciary activities reported in Schedule RI, item 5.a, must equal the amount reported in Schedule RC-T, item 22.
  3. For banks required to complete Schedule RI, Memorandum item 8, trading revenue reported in Schedule RI, item 5.c, must equal the sum of Memorandum items 8.a through 8.e.
  4. Exclude net gains (losses) on sales of trading assets and held-to-maturity and available-for-sale debt securities.
  5. Item 8.b is to be completed by all institutions. See the instructions for this item and the Glossary entry for "Securities Activities" for further detail on accounting for investments in equity securities.

03/2024

Schedule RI-Continued

FFIEC 031

Page 7 of 88

RI-3

Year-to-date

Dollar Amounts in Thousands RIAD

Amount

12.

Net income (loss) attributable to bank and noncontrolling (minority)

interests (sum of items 10 and 11)………………………………………………… G104

4,735,002

12.

13.

LESS: Net income (loss) attributable to noncontrolling (minority)

interests (if net income, report as a positive value; if net loss, report

as a negative value)……………………………………………………………..…… G103

31,383

13.

14.

Net income (loss) attributable to bank (item 12 minus item 13)………………… 4340

4,703,619

14.

Memoranda

Year-to-date

Dollar Amounts in Thousands

RIAD

Amount

1.

Interest expense incurred to carry tax-exempt securities, loans, and leases acquired after

August 7, 1986, that is not deductible for federal income tax purposes…………………………………… 4513

102,904

M.1.

Memorandum item 2 is to be completed by banks with $1 billion or more in total assets (1)

2.

Income from the sale and servicing of mutual funds and annuities in domestic offices

(included in Schedule RI, item 8)……………………………………………………………………………… 8431

375,394

M.2.

3.

Income on tax-exempt loans and leases to states and political subdivisions in the U.S.

(included in Schedule RI, items 1.a and 1.b)………………………………………………………………… 4313

221,845

M.3.

4.

Income on tax-exempt securities issued by states and political subdivisions in the U.S.

(included in Schedule RI, item 1.d.(3))………………………………………………………………………… 4507

227,510

M.4.

5.

Number of full-time equivalent employees at end of current period

Number

(round to nearest whole number)……………………………………………………………………………… 4150

69,060

M.5.

6.

Not applicable

7.

If the reporting institution has applied push down accounting this calendar year, report the

RIAD

Date

date of the institution's acquisition (see instructions) (2)……………………………………………………… 9106

00000000

M.7.

8.

Trading revenue (from cash instruments and derivative instruments)

(sum of Memorandum items 8.a through 8.e must equal Schedule RI, item 5.c):

Memorandum items 8.a through 8.e are to be completed by banks that reported

total trading assets of $10 million or more for any quarter of the preceding calendar year.

Amount

RIAD

a. Interest rate exposures……………………………………………………………………………………… 8757

220,083

M.8.a.

b. Foreign exchange exposures………………………………………………………………………………… 8758

126,298

M.8.b.

c. Equity security and index exposures………………………………………………………………………… 8759

0

M.8.c.

d. Commodity and other exposures…………………………………………………………………………… 8760

14,465

M.8.d.

e. Credit exposures……………………………………………………………………………………………… F186

(7,406)

M.8.e.

Memorandum items 8.f through 8.h are to be completed by banks with $100 billion or

more in total assets that are required to complete Schedule RI, Memorandum items 8.a

through 8.e, above. (1)

f. Impact on trading revenue of changes in the creditworthiness of the bank's derivatives

counterparties on the bank's derivative assets (year-to-date changes)

(included in Memorandum items 8.a through 8.e above):

(1) Gross credit valuation adjustment (CVA)………………………..………………..………………..…… FT36

8,879

M.8.f.(1)

(2) CVA hedge…………………………………………………………………………………….…………… FT37

(2,609)

M.8.f.(2)
  1. The asset-size tests are based on the total assets reported on the June 30, 2023, Report of Condition.
  2. Report the date in YYYYMMDD format. For example, a bank acquired onMarch 1, 2024, would report 20240301.

03/2024

FFIEC 031

Page 8 of 88

Schedule RI-Continued

RI-4

Memoranda-Continued

Year-to-date

Dollar Amounts in Thousands

RIAD

Amount

g. Impact on trading revenue of changes in the creditworthiness of the bank on the

bank's derivative liabilities (year-to-date changes) (included in Memorandum items 8.a through

8.e above):

(1) Gross debit valuation adjustment (DVA)………………………..………………..………………..……..… FT38

(6,757)

M.8.g.(1)

(2) DVA hedge…………………………………………………………………………………….………………. FT39

(2,008)

M.8.g.(2)

h. Gross trading revenue, before including positive or negative net CVA and net DVA…………………….. FT40

44,280

M.8.h.

Memorandum items 9.a and 9.b are to be completed by banks with $10 billion or more in

total assets (1)

9. Net gains (losses) recognized in earnings on credit derivatives that economically hedge credit

exposures held outside the trading account:

a. Net gains (losses) on credit derivatives held for trading……………………………………………………… C889

989

M.9.a.

b. Net gains (losses) on credit derivatives held for purposes other than trading……………………………… C890

(165,259)

M.9.b.

10. Credit losses on derivatives (see instructions)…………………………………………………………………… A251

0

M.10.

11. Does the reporting bank have a Subchapter S election in effect for federal income tax

RIAD

Yes

No

purposes for the current tax year?………………………………………………………………………………… A530

x

M.11.

12. Not applicable

Memorandum item 13 is to be completed by banks that have elected to account for assets

and liabilities under a fair value option.

13. Net gains (losses) recognized in earnings on assets and liabilities that are reported at fair

value under a fair value option:

RIAD

Amount

a. Net gains (losses) on assets……………………………………………………………………………………… F551

(62,811)

M.13.a.

(1) Estimated net gains (losses) on loans attributable to changes in instrument-specific

credit risk………………………………………………………………………………………………………… F552

0

M.13.a.(1)

b. Net gains (losses) on liabilities…………………………………………………………………………………… F553

(1,783)

M.13.b.

(1) Estimated net gains (losses) on liabilities attributable to changes in instrument-specific

credit risk………………………………………………………………………………………………………… F554

0

M.13.b.(1)

14. Not applicable

Memorandum item 15 is to be completed by institutions with $1 billion or more in total assets (1) that answered "Yes" to Schedule RC-E, Part I, Memorandum item 5.

15. Components of service charges on deposit accounts in domestic offices (sum of

Memorandum items 15.a through 15.d must equal Schedule RI, item 5.b):

a. Consumer overdraft-related service charges levied on those transaction

account and nontransaction savings account deposit products intended primarily

for individuals for personal, household, or family use

H032

b. Consumer account periodic maintenance charges levied on those transaction

account and nontransaction savings account deposit products intended primarily

for individuals for personal, household, or family use

H033

c. Consumer customer automated teller machine (ATM) fees levied on those transaction

account and nontransaction savings account deposit products intended primarily

for individuals for personal, household, or family use

H034

d. All other service charges on deposit accounts

H035

166,749 M.15.a.

108,775 M.15.b.

30,938 M.15.c.

550,350 M.15.d.

1. The asset-size tests are based on the total assets reported on the June 30, 2023, Report of Condition.

03/2024

FFIEC 031

Page 9 of 88

Schedule RI-A- Changes in Bank Equity Capital

RI-5

Dollar Amounts in Thousands

RIAD

Amount

1.

Total bank equity capital most recently reported for the December 31, 2023, Reports of

Condition and Income (i.e., after adjustments from amended Reports of Income)

3217

61,526,628

1.

2.

Cumulative effect of changes in accounting principles and corrections of material

accounting errors*

B507

0

2.

3.

Balance end of previous calendar year as restated (sum of items 1 and 2)

B508

61,526,628

3.

4.

Net income (loss) attributable to bank (must equal Schedule RI, item 14)

4340

4,703,619

4.

5.

Sale, conversion, acquisition, or retirement of capital stock, net

(excluding treasury stock transactions)

B509

0

5.

6.

Treasury stock transactions, net

B510

0

6.

7.

Changes incident to business combinations, net

4356

0

7.

8.

LESS: Cash dividends declared on preferred stock

4470

0

8.

9.

LESS: Cash dividends declared on common stock

4460

3,300,000

9.

10.

Other comprehensive income (1)

B511

1,348,467

10.

11.

Other transactions with stockholders (including a parent holding company)*

(not included in items 5, 6, 8, or 9 above)

4415

0

11.

12.

Total bank equity capital end of current period (sum of items 3 through 11)

(must equal Schedule RC, item 27.a)

3210

64,278,714

12.
  • Describe on Schedule RI-E-Explanations

1. Includes, but is not limited to, changes in net unrealized holding gains (losses) on available-for-sale debt securities, changes in accumulated net gains (losses) on cash flow hedges, foreign currency translation adjustments, and pension and other postretirement plan-related changes other than net periodic benefit cost.

Schedule RI-B-Charge-offs and Recoveries on Loans and Leases and Changes in Allowances for Credit Losses

Part I. Charge-offs and Recoveries on Loans and Leases

Part I includes charge-offs and recoveries through

(Column A)

(Column B)

the allocated transfer risk reserve.

Charge-offs(1)

Recoveries

Calendar Year-to-date

Dollar Amounts in Thousands RIAD

Amount

RIAD

Amount

1. Loans secured by real estate:

a. Construction, land development, and other land loans in

domestic offices:

(1)

1-4 family residential construction loans……………………………… C891

923

C892

0

1.a.(1)

(2)

Other construction loans and all land development and other

land loans………………………………………………………………… C893

1,179

C894

160

1.a.(2)

b. Secured by farmland in domestic offices…………………………………… 3584

360

3585

40

1.b.

c. Secured by 1-4 family residential properties in domestic offices:

(1)

Revolving, open-end loans secured by 1-4 family residential

properties and extended under lines of credit………………………… 5411

4,390

5412

6,723

1.c.(1)

(2)

Closed-end loans secured by 1-4 family residential properties:

(a) Secured by first liens………………………………………………… C234

9,805

C217

16,663

1.c.(2)(a)

(b) Secured by junior liens……………………………………………… C235

2,589

C218

1,664

1.c.(2)(b)

d. Secured by multifamily (5 or more) residential properties in

domestic offices……………………………………………………………… 3588

890

3589

278

1.d.

e. Secured by nonfarm nonresidential properties in domestic offices:

(1)

Loans secured by owner-occupied nonfarm

nonresidential properties………………………………………………… C895

2,509

C896

402

1.e.(1)

(2)

Loans secured by other nonfarm nonresidential properties………… C897

140,264

C898

24,631

1.e.(2)

f. In foreign offices……………………………………………………………… B512

0 B513

0 1.f.

1. Include write-downs arising from transfers of loans to a held-for-sale account.

03/2024

FFIEC 031

Page 10 of 88

RI-6

Schedule RI-B-Continued

Part I-Continued

(Column A)

(Column B)

Charge-offs(1)

Recoveries

Dollar Amounts in Thousands RIAD

Calendar Year-to-date

Amount

RIAD

Amount

2.

Not applicable

3.

Loans to finance agricultural production and other loans to farmers………… 4655

57,613

4665

453

3.

4.

Commercial and industrial loans:

a. To U.S. addressees (domicile)………………………………………………… 4645

392,754

4617

71,499

4.a.

b. To non-U.S. addressees (domicile)…………………………………………… 4646

1,031

4618

12

4.b.

5.

Loans to individuals for household, family, and other personal

expenditures:

a. Credit cards……………………………………………………………………… B514

1,041,460

B515

131,487

5.a.

b. Automobile loans………………………………………………………………… K129

34,230

K133

23,223

5.b.

c. Other (includes revolving credit plans other than credit cards, and other

consumer loans)………………………………………………………………… K205

164,222

K206

32,005

5.c.

6.

Loans to foreign governments and official institutions………………………… 4643

0

4627

0

6.

7.

All other loans……………………………………………………………………… 4644

9,429

4628

229

7.

8.

Lease financing receivables:

a. Leases to individuals for household, family, and other personal

expenditures……………………………………………………………………… F185

23,043

F187

10,369

8.a.

b. All other leases…………………………………………………………………… C880

28,991

F188

6,059

8.b.

9.

Total (sum of items 1 through 8)………………………………………………… 4635

1,915,682

4605

325,897

9.

(Column A)

(Column B)

Charge-offs(1)

Recoveries

Memoranda

Calendar Year-to-date

Dollar Amounts in Thousands RIAD

Amount

RIAD

Amount

1.

Loans to finance commercial real estate, construction, and land

development activities (not secured by real estate) included in

Schedule RI-B, Part I, items 4 and 7, above…………………………………… 5409

0

5410

247

M.1.

2.

Loans secured by real estate to non-U.S. addressees (domicile)

(included in Schedule RI-B, Part I, item 1, above)……………………………… 4652

17

4662

0

M.2.

3.

Not applicable

Memorandum item 4 is to be completed by banks that (1) together with affiliated institutions, have

outstanding credit card receivables (as defined in the instructions) that exceed $500 million as of the

report date, or (2) are credit card specialty banks as defined for Uniform Bank Performance

Report purposes.

Calendar Year-to-date

4.

Uncollectible retail credit card fees and finance charges reversed against income

RIAD

Amount

(i.e., not included in charge-offs against the allowance forcredit losses on loans and leases) …… C388

221,069

M.4.

1. Include write-downs arising from transfers of loans to a held-for-sale account.

03/2024

Disclaimer

U.S. Bancorp published this content on November 01, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on November 01, 2024 at 18:10:07.440.

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