Comerica 2014 Annual Report Download - page 80

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CONSOLIDATED BALANCE SHEETS
Comerica Incorporated and Subsidiaries
F-43
(in millions, except share data)
December 31 2014 2013
ASSETS
Cash and due from banks $ 1,026 $ 1,140
Interest-bearing deposits with banks 5,045 5,311
Other short-term investments 99 112
Investment securities available-for-sale 8,116 9,307
Investment securities held-to-maturity 1,935 —
Commercial loans 31,520 28,815
Real estate construction loans 1,955 1,762
Commercial mortgage loans 8,604 8,787
Lease financing 805 845
International loans 1,496 1,327
Residential mortgage loans 1,831 1,697
Consumer loans 2,382 2,237
Total loans 48,593 45,470
Less allowance for loan losses (594) (598)
Net loans 47,999 44,872
Premises and equipment 532 594
Accrued income and other assets 4,438 3,888
Total assets $ 69,190 $ 65,224
LIABILITIES AND SHAREHOLDERS’ EQUITY
Noninterest-bearing deposits $ 27,224 $ 23,875
Money market and interest-bearing checking deposits 23,954 22,332
Savings deposits 1,752 1,673
Customer certificates of deposit 4,421 5,063
Foreign office time deposits 135 349
Total interest-bearing deposits 30,262 29,417
Total deposits 57,486 53,292
Short-term borrowings 116 253
Accrued expenses and other liabilities 1,507 986
Medium- and long-term debt 2,679 3,543
Total liabilities 61,788 58,074
Common stock - $5 par value:
Authorized - 325,000,000 shares
Issued - 228,164,824 shares 1,141 1,141
Capital surplus 2,188 2,179
Accumulated other comprehensive loss (412) (391)
Retained earnings 6,744 6,318
Less cost of common stock in treasury - 49,146,225 shares at 12/31/14 and 45,860,786 shares at
12/31/13 (2,259) (2,097)
Total shareholders’ equity 7,402 7,150
Total liabilities and shareholders’ equity $ 69,190 $ 65,224
See notes to consolidated financial statements.