US Bank 2013 Annual Report Download - page 32

TABLE 8 Commercial Real Estate Loans by Property Type and Geography
2013 2012
At December 31 (Dollars in Millions) Loans Percent Loans Percent
Property Type
Business owner occupied ............................................................ $11,223 28.1% $11,405 30.9%
Commercial property
Industrial ........................................................................... 1,567 3.9 1,586 4.3
Office .............................................................................. 5,173 13.0 4,833 13.1
Retail ............................................................................... 4,503 11.3 4,537 12.3
Other commercial .................................................................. 4,253 10.7 3,735 10.1
Multi-family ........................................................................... 7,886 19.8 6,857 18.5
Hotel/motel ........................................................................... 3,251 8.1 2,569 6.9
Residential homebuilders............................................................. 1,728 4.3 1,142 3.1
Health care facilities .................................................................. 301 .8 289 .8
Total ............................................................................... $39,885 100.0% $36,953 100.0%
Geography
California ............................................................................. $ 9,148 22.9% $ 8,039 21.8%
Colorado.............................................................................. 1,781 4.5 1,644 4.5
Illinois ................................................................................. 1,586 4.0 1,555 4.2
Minnesota ............................................................................ 2,052 5.2 1,958 5.3
Missouri .............................................................................. 1,573 3.9 1,560 4.2
Ohio .................................................................................. 1,491 3.7 1,512 4.1
Oregon ............................................................................... 1,999 5.0 1,921 5.2
Washington ........................................................................... 3,548 8.9 3,586 9.7
Wisconsin ............................................................................ 2,410 6.0 2,011 5.4
Iowa, Kansas, Nebraska, North Dakota, South Dakota ............................... 2,237 5.6 2,349 6.4
Arkansas, Indiana, Kentucky, Tennessee ............................................ 1,718 4.3 1,886 5.1
Idaho, Montana, Wyoming ............................................................ 1,265 3.2 1,156 3.1
Arizona, Nevada, New Mexico, Utah ................................................. 3,214 8.1 2,958 8.0
Total banking region ............................................................... 34,022 85.3 32,135 87.0
Florida, Michigan, New York, Pennsylvania, Texas ................................... 3,178 8.0 2,405 6.5
All other states ........................................................................ 2,685 6.7 2,413 6.5
Total outside Company’s banking region .......................................... 5,863 14.7 4,818 13.0
Total ............................................................................... $39,885 100.0% $36,953 100.0%
Other Retail Total other retail loans, which include retail
leasing, home equity and second mortgages and other retail
loans, decreased $34 million (.1 percent) at December 31,
2013, compared with December 31, 2012. Average other
retail loans decreased $813 million (1.7 percent) in 2013,
compared with 2012. The decreases were primarily due to
lower home equity and second mortgages and student loan
balances, partially offset by higher auto and installment
loans, and retail leasing balances.
TABLE 9 Residential Mortgages by Geography
2013 2012
At December 31 (Dollars in Millions) Loans Percent Loans Percent
California ................................................................................ $ 8,754 17.1% $ 6,022 13.7%
Colorado ................................................................................ 3,012 5.9 2,674 6.1
Illinois ................................................................................... 3,151 6.2 2,882 6.5
Minnesota ............................................................................... 4,029 7.9 3,521 8.0
Missouri ................................................................................. 2,224 4.3 2,064 4.7
Ohio ..................................................................................... 2,511 4.9 2,301 5.2
Oregon .................................................................................. 2,104 4.1 1,836 4.2
Washington ............................................................................. 2,868 5.6 2,543 5.8
Wisconsin ............................................................................... 1,606 3.1 1,482 3.4
Iowa, Kansas, Nebraska, North Dakota, South Dakota .................................. 2,298 4.5 2,049 4.6
Arkansas, Indiana, Kentucky, Tennessee ............................................... 3,510 6.9 3,233 7.3
Idaho, Montana, Wyoming .............................................................. 1,160 2.3 989 2.2
Arizona, Nevada, New Mexico, Utah .................................................... 3,344 6.5 2,753 6.3
Total banking region .................................................................. 40,571 79.3 34,349 78.0
Florida, Michigan, New York, Pennsylvania, Texas ...................................... 4,586 9.0 4,329 9.9
All other states .......................................................................... 5,999 11.7 5,340 12.1
Total outside Company’s banking region ............................................. 10,585 20.7 9,669 22.0
Total .................................................................................. $51,156 100.0% $44,018 100.0%
30 U.S. BANCORP