US Bank 2003 Annual Report Download - page 108
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U.S. Bancorp
Consolidated Balance Sheet — Five-Year Summary
% Change
December 31 (Dollars in Millions) 2003 2002 2001 2000 1999 2003 v 2002
Assets
Cash and due from banks ************************************ $ 8,630 $ 10,758 $ 9,120 $ 8,475 $ 7,324 (19.8)%
Held-to-maturity securities************************************* 152 233 299 252 194 (34.8)
Available-for-sale securities************************************ 43,182 28,255 26,309 17,390 17,255 52.8
Loans held for sale******************************************* 1,433 4,159 2,820 764 670 (65.5)
Loans******************************************************* 118,235 116,251 114,405 122,365 113,229 1.7
Less allowance for credit losses **************************** (2,369) (2,422) (2,457) (1,787) (1,710) (2.2)
Net loans ************************************************ 115,866 113,829 111,948 120,578 111,519 1.8
Other assets ************************************************ 20,023 22,793 20,894 17,462 17,356 (12.2)
Total assets ******************************************* $189,286 $180,027 $171,390 $164,921 $154,318 5.1%
Liabilities and Shareholders’ Equity
Deposits
Noninterest-bearing *************************************** $ 32,470 $ 35,106 $ 31,212 $ 26,633 $ 26,350 (7.5)%
Interest-bearing ******************************************* 86,582 80,428 74,007 82,902 77,067 7.7
Total deposits ***************************************** 119,052 115,534 105,219 109,535 103,417 3.0
Short-term borrowings **************************************** 10,850 7,806 14,670 11,833 10,558 39.0
Long-term debt ********************************************** 31,215 28,588 25,716 21,876 21,027 9.2
Company-obligated mandatorily redeemable preferred securities ** 2,601 2,994 2,826 1,400 1,400 (13.1)
Other liabilities*********************************************** 6,326 6,669 6,214 4,944 3,865 (5.1)
Total liabilities ***************************************** 170,044 161,591 154,645 149,588 140,267 5.2
Shareholders’ equity****************************************** 19,242 18,436 16,745 15,333 14,051 4.4
Total liabilities and shareholders’ equity ****************** $189,286 $180,027 $171,390 $164,921 $154,318 5.1%
106 U.S. Bancorp