Comerica 2009 Annual Report Download - page 102
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Comerica Incorporated and Subsidiaries
the definition. Outstanding loans and total exposure from loans, unused commitments and standby letters of
credit to companies related to the automotive industry were as follows:
December 31
2009 2008
(in millions)
Automotive loans:
Production ..................................................... $ 941 $1,459
Dealer ........................................................ 3,430 4,655
Total automotive loans ........................................... $4,371 $6,114
Total automotive exposure:
Production ..................................................... $1,869 $2,867
Dealer ........................................................ 5,767 6,646
Total automotive exposure ......................................... $7,636 $9,513
Further, the Corporation’s portfolio of commercial real estate loans, which includes real estate construction
and commercial mortgage loans, was as shown in the following table.
December 31
2009 2008
(in millions)
Real estate construction loans:
Commercial Real Estate business line (a) ............................... $ 2,988 $ 3,831
Other business lines (b) ........................................... 473 646
Total real estate construction loans ................................. 3,461 4,477
Commercial mortgage loans:
Commercial Real Estate business line (a) ............................... 1,824 1,619
Other business lines (b) ........................................... 8,633 8,870
Total commercial mortgage loans .................................. 10,457 10,489
Total commercial real estate loans .................................. $13,918 $14,966
Total unused commitments on commercial real estate loans ................... $ 1,249 $ 3,549
(a) Primarily loans to real estate investors and developers.
(b) Primarily loans secured by owner-occupied real estate.
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