US Bank 2014 Annual Report Download - page 35

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TABLE 8 COMMERCIAL REAL ESTATE LOANS BY PROPERTY TYPE AND GEOGRAPHY
2014 2013
At December 31 (Dollars in Millions) Loans Percent Loans Percent
Property Type
Business owner occupied ......................................................... $11,535 26.9% $11,223 28.1%
Commercial property
Industrial ....................................................................... 1,582 3.7 1,567 3.9
Office ........................................................................... 5,680 13.3 5,173 13.0
Retail ........................................................................... 4,896 11.4 4,503 11.3
Other commercial .............................................................. 4,670 10.9 4,253 10.7
Multi-family ....................................................................... 8,548 20.0 7,886 19.8
Hotel/motel ....................................................................... 3,624 8.5 3,251 8.1
Residential homebuilders ......................................................... 1,996 4.7 1,728 4.3
Health care facilities .............................................................. 264 .6 301 .8
Total ............................................................................ $42,795 100.0% $39,885 100.0%
Geography
California .......................................................................... $10,545 24.6% $ 9,148 22.9%
Colorado .......................................................................... 1,955 4.6 1,781 4.5
Illinois ............................................................................. 2,153 5.0 1,586 4.0
Minnesota ......................................................................... 2,031 4.7 2,052 5.2
Missouri ........................................................................... 1,453 3.4 1,573 3.9
Ohio ............................................................................... 1,391 3.3 1,491 3.7
Oregon ............................................................................ 2,012 4.7 1,999 5.0
Washington ........................................................................ 3,501 8.2 3,548 8.9
Wisconsin ......................................................................... 2,293 5.4 2,410 6.0
Iowa, Kansas, Nebraska, North Dakota, South Dakota ............................. 2,202 5.1 2,237 5.6
Arkansas, Indiana, Kentucky, Tennessee .......................................... 1,764 4.1 1,718 4.3
Idaho, Montana, Wyoming ......................................................... 1,319 3.1 1,265 3.2
Arizona, Nevada, New Mexico, Utah ............................................... 3,383 7.9 3,214 8.1
Total banking region ............................................................ 36,002 84.1 34,022 85.3
Florida, Michigan, New York, Pennsylvania, Texas ................................. 3,656 8.6 3,178 8.0
All other states .................................................................... 3,137 7.3 2,685 6.7
Total outside Company’s banking region ........................................ 6,793 15.9 5,863 14.7
Total ............................................................................ $42,795 100.0% $39,885 100.0%
$822 million (4.9 percent) in 2014, compared with 2013. The
increases reflected new and existing customer growth during
the period.
Other Retail Total other retail loans, which include retail
leasing, home equity and second mortgages and other retail
loans, increased $1.6 billion (3.3 percent) at December 31,
2014, compared with December 31, 2013. Average other
retail loans increased $1.2 billion (2.6 percent) in 2014,
compared with 2013. The increases were primarily due to
higher auto and installment loans, and the Charter One
acquisition, partially offset by lower student loan balances.
U.S. BANCORP The power of potential
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