US Bank 2002 Annual Report Download - page 106

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U.S. Bancorp
Consolidated Balance Sheet — Five-Year Summary
% Change
December 31 (Dollars in Millions) 2002 2001 2000 1999 1998 2001-2002
Assets
Cash and due from banks ************************************** $ 10,758 $ 9,120 $ 8,475 $ 7,324 $ 8,882 18.0%
Money market investments************************************** 434 625 657 1,934 1,039 (30.6)
Trading securities ********************************************** 898 982 753 617 666 (8.6)
Held-to-maturity securities ************************************** 233 299 252 194 233 (22.1)
Available-for-sale securities ************************************* 28,255 26,309 17,390 17,255 20,732 7.4
Loans held for sale ******************************************** 4,159 2,820 764 670 1,794 47.5
Loans ******************************************************** 116,251 114,405 122,365 113,229 106,958 1.6
Less allowance for credit losses *********************** 2,422 2,457 1,787 1,710 1,706 (1.4)
Net loans ******************************************* 113,829 111,948 120,578 111,519 105,252 1.7
Other assets ************************************************** 21,461 19,287 16,052 14,805 12,116 11.3
Total assets ******************************************** $180,027 $171,390 $164,921 $154,318 $150,714 5.0%
Liabilities and Shareholders’ Equity
Deposits
Noninterest-bearing ***************************************** $ 35,106 $ 31,212 $ 26,633 $ 26,350 $ 27,479 12.5%
Interest-bearing ******************************************** 80,428 74,007 82,902 77,067 76,867 8.7
Total deposits ******************************************* 115,534 105,219 109,535 103,417 104,346 9.8
Short-term borrowings****************************************** 7,806 14,670 11,833 10,558 10,011 (46.8)
Long-term debt ************************************************ 28,588 25,716 21,876 21,027 18,679 11.2
Company-obligated mandatorily redeemable preferred securities **** 2,994 2,826 1,400 1,400 1,400 5.9
Other liabilities ************************************************ 7,004 6,498 5,109 3,969 3,704 7.8
Total liabilities******************************************* 161,926 154,929 149,753 140,371 138,140 4.5
Shareholders’ equity ******************************************* 18,101 16,461 15,168 13,947 12,574 10.0
Total liabilities and shareholders’ equity ******************** $180,027 $171,390 $164,921 $154,318 $150,714 5.0%
104 U.S. Bancorp