Comerica 2009 Annual Report Download - page 146
Download and view the complete annual report
Please find page 146 of the 2009 Comerica annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136 -
137 -
138 -
139 -
140 -
141 -
142 -
143 -
144 -
145 -
146 -
147 -
148 -
149 -
150 -
151 -
152 -
153 -
154 -
155 -
156 -
157
-
158
-
159
-
160
 |
 |
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Comerica Incorporated and Subsidiaries
Note 25 — Parent Company Financial Statements
BALANCE SHEETS — COMERICA INCORPORATED
December 31
2009 2008
(in millions,
except share data)
ASSETS
Cash and due from subsidiary bank .................................... $5$11
Short-term investments with subsidiary bank .............................. 2,150 2,329
Other short-term investments ......................................... 86 80
Investment in subsidiaries, principally banks .............................. 5,710 5,690
Premises and equipment ............................................ 45
Other assets ..................................................... 186 210
Total assets ................................................. $ 8,141 $ 8,325
LIABILITIES AND SHAREHOLDERS’ EQUITY
Medium- and long-term debt ......................................... $ 986 $ 1,002
Other liabilities ................................................... 126 171
Total liabilities .............................................. 1,112 1,173
Fixed rate cumulative perpetual preferred stock, series F, no par value,
$1,000 liquidation preference per share:
Authorized — 2,250,000 shares
Issued — 2,250,000 shares at 12/31/09 and 12/31/08 ..................... 2,151 2,129
Common stock — $5 par value:
Authorized — 325,000,000 shares
Issued — 178,735,252 shares at 12/31/09 and 12/31/08 ................... 894 894
Capital surplus ................................................... 740 722
Accumulated other comprehensive loss .................................. (336) (309)
Retained earnings ................................................. 5,161 5,345
Less cost of common stock in treasury — 27,555,623 shares at 12/31/09
and 28,244,967 shares at 12/31/08 .................................... (1,581) (1,629)
Total shareholders’ equity ...................................... 7,029 7,152
Total liabilities and shareholders’ equity ............................. $ 8,141 $ 8,325
144