Call reports 2023
COMERICA BANK — 2023
What COMERICA BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 91,259,000,000 | 90,864,000,000 | 85,808,000,000 | 85,902,000,000 |
| Total loans | 55,111,000,000 | 55,985,000,000 | 53,635,000,000 | 52,345,000,000 |
| Allowance for loan losses | 641,000,000 | 684,000,000 | 694,000,000 | 688,000,000 |
| Securities available for sale | 18,293,000,000 | 17,413,000,000 | 16,321,000,000 | 16,867,000,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 403,000,000 | 530,000,000 | 644,000,000 | 603,000,000 |
| Total deposits | 66,284,000,000 | 67,612,000,000 | 68,486,000,000 | 67,983,000,000 |
| Interest-bearing deposits | 32,975,000,000 | 36,458,000,000 | 38,413,000,000 | 40,002,000,000 |
| Noninterest-bearing deposits | 33,309,000,000 | 31,154,000,000 | 30,073,000,000 | 27,981,000,000 |
| Equity capital | 5,605,000,000 | 5,170,000,000 | 4,185,000,000 | 5,703,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 952,000,000 | 2,037,000,000 | 3,150,000,000 | 4,203,000,000 |
| Interest expense | 230,000,000 | 673,000,000 | 1,171,000,000 | 1,633,000,000 |
| Net interest income | 722,000,000 | 1,364,000,000 | 1,979,000,000 | 2,570,000,000 |
| Noninterest income | 276,000,000 | 557,000,000 | 862,000,000 | 1,049,000,000 |
| Noninterest expense | 557,000,000 | 1,090,000,000 | 1,673,000,000 | 2,397,000,000 |
| Provision for loan losses | 29,000,000 | 70,000,000 | 86,000,000 | 100,000,000 |
| Pretax income | 411,000,000 | 768,000,000 | 1,091,000,000 | 1,133,000,000 |
| Income tax | 85,000,000 | 167,000,000 | 241,000,000 | 257,000,000 |
| Net income | 326,000,000 | 601,000,000 | 850,000,000 | 876,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,037,000,000 | 8,185,000,000 | 7,983,000,000 | 8,007,000,000 |
| Total capital | 9,458,000,000 | 9,641,000,000 | 9,346,000,000 | 9,362,000,000 |
| Risk-weighted assets | 80,213,200,000 | 80,528,450,000 | 78,369,088,000 | 75,782,990,000 |