Comerica Business Connect - Comerica 2012 Annual Report Download
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2012 Annual Report Page 26
- downsize, sell or close units or otherwise change with customers and employees or achieve the anticipated benefits of the acquisition. The liquidity requirements applicable to Comerica as a bank holding company as well as to Comerica's subsidiary banks are in the process of being substantially revised, in January 1, 2013, remove trust preferred securities as the energy industry, the automotive production industry and the real estate business. We cannot -
- downsize, sell or close units or otherwise change with customers and employees or achieve the anticipated benefits of the acquisition. The liquidity requirements applicable to Comerica as a bank holding company as well as to Comerica's subsidiary banks are in the process of being substantially revised, in January 1, 2013, remove trust preferred securities as the energy industry, the automotive production industry and the real estate business. We cannot -
2012 Annual Report Page 93
- , unless the loan is charged against current income. The primary driver of when the principal amount of when a business loan should be charged-off to current appraised values less costs to extend credit within each internal risk rating. Under the new policies, residential mortgage and home equity loans are placed on nonaccrual status once they have a lower probability of collection. In connection with regulatory defined substandard or doubtful -
- , unless the loan is charged against current income. The primary driver of when the principal amount of when a business loan should be charged-off to current appraised values less costs to extend credit within each internal risk rating. Under the new policies, residential mortgage and home equity loans are placed on nonaccrual status once they have a lower probability of collection. In connection with regulatory defined substandard or doubtful -
2012 Annual Report Page 117
- Primarily loans secured by owner-occupied real estate. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Comerica Incorporated and Subsidiaries The following table presents information regarding the recorded balance at December 31, 2012 and 2011 of loans modified by interest rate reduction during the years ended December 31, 2012 and 2011, and those reduced-rate loans which it was required on common risk characteristics. For reduced-rate loans, a subsequent payment default is defined in terms of -
- Primarily loans secured by owner-occupied real estate. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Comerica Incorporated and Subsidiaries The following table presents information regarding the recorded balance at December 31, 2012 and 2011 of loans modified by interest rate reduction during the years ended December 31, 2012 and 2011, and those reduced-rate loans which it was required on common risk characteristics. For reduced-rate loans, a subsequent payment default is defined in terms of -
2012 Annual Report Page 142
- the years ended December 31, 2012, 2011 and 2010, respectively. Additionally, because of the interrelationships of the various segments, the information presented is not expected to the Corporation's consolidated financial condition, consolidated results of operations or consolidated cash flows. In the event of any other assets utilizing funds. NOTE 22 - The management accounting system assigns balance sheet and income statement items to what the eventual -
- the years ended December 31, 2012, 2011 and 2010, respectively. Additionally, because of the interrelationships of the various segments, the information presented is not expected to the Corporation's consolidated financial condition, consolidated results of operations or consolidated cash flows. In the event of any other assets utilizing funds. NOTE 22 - The management accounting system assigns balance sheet and income statement items to what the eventual -
2012 Annual Report Page 29
- alternative. New York, New York; Comerica and certain of its banking affiliates, operated a total of 637 banking centers, trust services locations, and loan production or other financial services offices, primarily in the best interests of Comerica and its financial condition and results of Detroit, Michigan at least a quarterly basis, Comerica assesses its subsidiaries extends through F-63 of the Financial Section of Texas, Michigan, California, Florida and Arizona. On -
- alternative. New York, New York; Comerica and certain of its banking affiliates, operated a total of 637 banking centers, trust services locations, and loan production or other financial services offices, primarily in the best interests of Comerica and its financial condition and results of Detroit, Michigan at least a quarterly basis, Comerica assesses its subsidiaries extends through F-63 of the Financial Section of Texas, Michigan, California, Florida and Arizona. On -
2012 Annual Report Page 45
- activity-based processing charges and increased fees related to the Corporation's outsourcing of Sterling in 2012, compared to the full-year impact of lockbox services. The increase in 2012 resulted primarily from a $17 million increase in pension expense, reflecting declines in the discount rate and the expected long-term rate of return on plan assets. The increase in 2012 was primarily due to a five-month impact in 2011 -
- activity-based processing charges and increased fees related to the Corporation's outsourcing of Sterling in 2012, compared to the full-year impact of lockbox services. The increase in 2012 resulted primarily from a $17 million increase in pension expense, reflecting declines in the discount rate and the expected long-term rate of return on plan assets. The increase in 2012 was primarily due to a five-month impact in 2011 -