v3.25.2
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 57,807 $ 56,502
Investment securities    
Held-to-maturity (fair value $67,032 and $66,275, respectively; including $32 pledged as collateral at 6/30/25) [1] 77,879 78,634
Available-for-sale ($319 and $320 pledged as collateral, respectively) [1] 90,577 85,992
Loans held for sale (including $2,285 and $2,251 of mortgage loans carried at fair value, respectively) 2,288 2,573
Loans    
Total loans 380,243 379,832
Less allowance for loan losses (7,537) (7,583)
Net loans 372,706 372,249
Premises and equipment 3,625 3,565
Goodwill 12,637 12,536
Other intangible assets 5,285 5,547
Other assets (including $12,819 and $7,501 of trading securities at fair value pledged as collateral, respectively) [1] 63,566 60,720
Total assets 686,370 678,318
Deposits    
Noninterest-bearing 86,972 84,158
Interest-bearing (including $7,305 and $5,754 of time deposits carried at fair value, respectively) 431,745 434,151
Total deposits 518,717 518,309
Short-term borrowings 15,039 15,518
Long-term debt (including $1,152 and $391 of long-term debt carried at fair value, respectively) 64,013 58,002
Other liabilities 26,705 27,449
Total liabilities 624,474 619,278
Shareholders’ equity    
Preferred stock 6,808 6,808
Common stock, $.01 par value per share, authorized: 4,000,000,000 shares; issued: 6/30/25 and 12/31/24—2,125,725,742 shares 21 21
Capital surplus 8,706 8,715
Retained earnings 78,652 76,863
Less cost of common stock in treasury: 6/30/25—567,509,986 shares; 12/31/24—565,929,654 shares (24,140) (24,065)
Accumulated other comprehensive income (loss) (8,609) (9,764)
Total U.S. Bancorp shareholders’ equity 61,438 58,578
Noncontrolling interests 458 462
Total equity 61,896 59,040
Total liabilities and equity 686,370 678,318
Commercial | Commercial    
Loans    
Total loans 147,416 139,484
Commercial | Commercial real estate    
Loans    
Total loans 48,181 48,859
Consumer | Residential mortgages    
Loans    
Total loans 114,475 118,813
Consumer | Credit card    
Loans    
Total loans 30,023 30,350
Consumer | Other retail    
Loans    
Total loans $ 40,148 $ 42,326
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.