US Bank 2011 Annual Report Download - page 130

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U.S. Bancorp
Consolidated Balance Sheet—Five Year Summary (Unaudited)
At December 31 (Dollars in Millions) 2011 2010 2009 2008 2007
% Change
2011 v 2010
Assets
Cash and due from banks ................ $ 13,962 $ 14,487 $ 6,206 $ 6,859 $ 8,884 (3.6)%
Held-to-maturity securities ............ 18,877 1,469 47 53 74 *
Available-for-sale securities ........... 51,937 51,509 44,721 39,468 43,042 .8
Loans held for sale ....................... 7,156 8,371 4,772 3,210 4,819 (14.5)
Loans..................................... 209,835 197,061 194,755 184,955 153,827 6.5
Less allowance for loan losses ........ (4,753) (5,310) (5,079) (3,514) (2,058) (10.5)
Net loans .............................. 205,082 191,751 189,676 181,441 151,769 7.0
Other assets .............................. 43,108 40,199 35,754 34,881 29,027 7.2
Total assets ......................... $340,122 $307,786 $281,176 $265,912 $237,615 10.5%
Liabilities and Shareholders' Equity
Deposits
Noninterest-bearing ................... $ 68,579 $ 45,314 $ 38,186 $ 37,494 $ 33,334 51.3%
Interest-bearing ........................ 162,306 158,938 145,056 121,856 98,111 2.1
Total deposits ....................... 230,885 204,252 183,242 159,350 131,445 13.0
Short-term borrowings ................... 30,468 32,557 31,312 33,983 32,370 (6.4)
Long-term debt .......................... 31,953 31,537 32,580 38,359 43,440 1.3
Other liabilities ........................... 11,755 9,118 7,381 7,187 8,534 28.9
Total liabilities ....................... 305,061 277,464 254,515 238,879 215,789 9.9
Total U.S. Bancorp shareholders'
equity .................................. 34,068 29,519 25,963 26,300 21,046 15.4
Noncontrolling interests .................. 993 803 698 733 780 23.7
Total equity ......................... 35,061 30,322 26,661 27,033 21,826 15.6
Total liabilities and equity ........... $340,122 $307,786 $281,176 $265,912 $237,615 10.5%
* Not meaningful
128 U.S. BANCORP