us bancorp preformance report year end december 2012

7/29/2019 Us Bancorp Preformance Report Year End December 2012

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RSSD Number:

Federal Reserve District:

Consolidated Assets ($000):

Peer Group Number: Number in Peer Group:

Number of Bank Subsidiaries:

Bank Holding Company Information Table of Contents

Section Page Number

Summary Ratios .................................................................................................................................1

CONSOLIDATED INFORMATION:

Income Statement - Revenues and Expenses ............................................................................2Relative Income Statement and Margin Analysis ........................................................................3Non-Interest Income and Expenses ............................................................................................4

Assets..........................................................................................................................................5Liabilities and Changes in Capital ...............................................................................................6Percent Composition of Assets ...................................................................................................7Loan Mix and Analysis of Concentrations of Credit ...................................................................7ALiquidity and Funding ..................................................................................................................8Derivatives and Off-Balance-Sheet Transactions ........................................................................9Derivative Instruments...............................................................................................................10Derivatives Analysis .................................................................................................................. 11

Allowance and Net Loan and Lease Losses .............................................................................12Past Due and Nonaccrual Assets ..............................................................................................13Past Due and Nonaccrual Loans and Leases .........................................................................13A

Past Due and Nonaccrual Loans and LeasesContinued .....................................................13BRisk-Based Capital ....................................................................................................................14Insurance and Broker-Dealer Activities .....................................................................................15Foreign Activities .......................................................................................................................16Servicing, Securitization and Asset Sale ActivitiesPart 1 ........................................................17Servicing, Securitization and Asset Sale ActivitiesPart 2 ........................................................18Servicing, Securitization and Asset Sale ActivitiesPart 3 ........................................................19

PARENT COMPANY INFORMATION:Parent Company Income Statement .........................................................................................20Parent Company Balance Sheet ...............................................................................................21Parent Company AnalysisPart 1..............................................................................................22Parent Company AnalysisPart 2..............................................................................................23

Public versions of individual BHC reports are available on the FFIEC web site: www.ffiec.gov/nicpubweb/nicweb/nichome.aspx. For information on ordering individual or peer group reports or theUser's Guide, contact the Board of Governors of the Federal Reserve System, Publications Servicesat (202) 452-3245.

Board of Governors of the Federal Reserve SystemFR BHCPR

NOTE: This report, which is prepared by the Federal Reserve Board's Division of Banking Supervisionand Regulation, is used by the Federal Reserve System in carrying out its supervisory responsibilities. Allinformation contained herein was obtained from sources deemed reliable. However, no guarantee is givenas to the accuracy of the data or of the calculations derived therefrom. The data and calculations in thisreport do not indicate approval or disapproval of any particular institution's performance and are not to beconstrued as a rating of any institution by the Federal Reserve System. Users are cautioned that any con-clusions drawn from this report are their own and are not to be attributed to the Federal Reserve System.Questions regarding the contents of this report should be directed to the nearest Federal Reserve Bank.

1 Consolidated assets equal to or greater than $10 billion2 Consolidated assets between $3 billion and $10 billion3 Consolidated assets between $1 billion and $3 billion4 Consolidated assets between $500 million and $1 billion5 Consolidated assets less than $500 million (starting March 2006 includes former

peer group 6)6 Consolidated assets less than $300 million (valid only prior to March 2006. Starting March

2003 includes former peer group 7)7 Consolidated assets less than $150 million (valid only prior to March 2003)9 Atypical and second-tier bank holding companies

ADDRESS:

Peer Group DescriptionNumber

Bank Holding Company Performance Report December 31, 2012BHC Name

City/State

U.S. BANCORP

800 NICOLLET MALL

MINNEAPOLIS, MN 55402

2

901

353,855,000

9

1119794

MINNEAPOLIS, MN

U.S. BANCORP


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BHC Peer Pct BHC Peer Pct BHC Peer Pct BHC Peer Pct BHC Peer Pct

FR BHCPRPage 1

Summary Ratios

Average assets ($000) ...........................................................................................Net income ($000) ..................................................................................................Number of BHCs in peer group ..............................................................................

EARNINGS AND PROFITABILITYPERCENT OF AVERAGE ASSETS:

Net interest income (TE) ...................................................................................+ Non-interest income ......................................................................................

Overhead expense ........................................................................................ Provision for loan and lease losses ...............................................................+ Securities gains (losses) ................................................................................+ Other tax equiv adjustments ..........................................................................= Pretax net oper income (TE) .........................................................................Net operating income........................................................................................Net income........................................................................................................Net income (sub S adjusted) ............................................................................

PERCENT OF AVG EARNING ASSETS:Interest income (TE) .........................................................................................Interest expense ...............................................................................................Net interest income (TE) ...................................................................................

LOSSES, ALLOW, AND PAST DUE + NONACCR:Net Ln&Ls losses / Avg loans & leases ............................................................Earnings coverage of net losses (X) .................................................................Ln&Ls allowance / Total Lns&Ls not held-for-sale ............................................Ln&Ls allowance / Total loans & leases ............................................................Nonaccr Lns&Ls + ORE / Lns&Ls + ORE.........................................................3089 days PD Lns&Ls / Total Lns&Ls (confidential prior to March 2001) .......

LIQUIDITY AND FUNDING:Net noncore funding dependence .....................................................................Net ST noncore funding dependence ...............................................................Net loans and leases/total assets .....................................................................

CAPITALIZATION:Tier 1 leverage ratio ..........................................................................................Equity capital / Total assets ..............................................................................

Equity capital + minority int/total assets ............................................................Tier 1 Common Eq Cap / T RWA ......................................................................Net Loans&Ls / Equity capital (X) .....................................................................Cash dividends / Net income ............................................................................Cash dividends / Net income (sub S adj)..........................................................Retained earnings / Avg equity cap .................................................................

GROWTH RATES:Assets ...............................................................................................................Equity capital ....................................................................................................Net loans and leases ........................................................................................Noncore funding ...............................................................................................

PARENT COMPANY RATIOS:Short-term debt / Equity capital .......................................................................Long-term debt / Equity capital .........................................................................Equity investment in subs / Equity cap .............................................................

Cash FR op + noncash + op exp / Op exp + div ...............................................

BHC Name

RSSD Number

City/State FR Dist: Peer:

12/31/2012 12/31/2011 12/31/2010 12/31/2009 12/31/2008

BUSINESS COMBINATION USING PURCHASE METHOD OF ACCOUNTING. EARNINGS OF ACQUIRED COMPANY REPORTED ONLY FROM DATE OF PURCHASE.

2396.9663.133999.5281.0126115.8349.4455126.35128.095159.7825.98

810583.6831108.8298.8045108.44103.9736107.31101.5438106.52101.16

8111.6521.347015.7420.117716.2830.637714.0726.757413.8124.99

823.228.35893.3021.67642.780.20773.857.97842.477.65

4511.407.0856-17.01-11.5665-7.84-0.0360-5.660.1245-4.25-4.76

826.7417.9279-5.395.31620.411.30654.326.46537.927.58

7412.1824.96303.31-1.28815.7413.70847.3215.11787.5414.77

729.1412.38720.225.30821.439.46725.5710.51455.954.04

56-8.15-0.6486-7.116.0988310.14924.7111.75905.4910.46

-19.73

7374.27104.891859.6927.353135.7414.295124.9022.376025.1530.32

537.087.02776.297.49745.416.67675.266.17635.205.78

298.366.771510.467.841411.328.561611.458.96579.7010.123910.229.483510.809.853211.1210.285211.5911.38

519.429.853610.019.233210.669.593510.919.994811.3011.02

698.439.82398.698.48539.039.14449.269.09499.379.22

6563.3969.157559.7169.165757.51644757.6461.665157.9663.76

7122.3229.287510.2519.81596.2410.51664.179.80713.4211.58

6037.2138.756030.2530.475425.3322.535620.1519.446019.3520.56

741.582.06741.512.10761.201.60700.961.18650.871.01

302.451.49404.243.10363.752.75392.742.06391.951.39

571.841.87482.802.55532.632.62572.112.22711.611.92

611.871.90482.842.61542.672.74602.132.29711.641.99

702.243.96711.672.12602.532.05673.513.16578.804.58

581.101.07502.332.02602.042.14671.171.40670.740.95

723.253.66743.163.66733.393.88603.373.64593.283.57

322.412.18361.521.27501.071.02610.880.88620.740.70

575.705.84594.704.92664.544.90594.324.52584.074.26

0.17

95-0.271.2079-0.380.82840.511.16920.721.53930.871.65

95-0.261.2078-0.400.82850.511.16920.721.53930.881.65

88-0.161.7275-0.391.05770.771.54901.122.16931.282.33

450.000.00510.000.00470.000.00450.000.00450.000.00

15-0.12-0.40130.02-0.17120.06-0.03110.05-0.01100.040.00

651.201.26591.962.06731.101.52740.490.74760.330.55

383.292.97503.283.06593.193.25523.163.10493.343.07

871.583.15791.923.10801.892.92841.612.75801.882.74

702.913.19712.853.23703.043.43573.043.25582.903.21

1111

6973707090

2,946,0002,205,0003,317,0004,872,0005,647,000

246,329,250269,894,250285,735,250317,967,750341,749,000

1

19MINNEAPOLIS, MN

1119794

U.S. BANCORP


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Percent Change

FR BHCPRPage 2

Income StatementRevenues and Expenses

Interest and fees on loans .....................................................Income from lease financing receivables ..............................

Fully taxable income on loans and ls ...............................

Tax exempt income on loans and ls.................................Est tax benefit on inc on loans & ls ..................................Income on loans and leases (TE) ..............................

Investment interest income (TE)............................................Interest on due from depository inst ......................................Interest income on other earning assets ...............................

Total interest income (TE) ................................................

Interest on time deposits of $100K or more...........................Interest on time deposits < $100K .........................................Interest on foreign office deposits..........................................Interest on other deposits ......................................................Interest on other borrowings & trad liab.................................Interest on sub debt & mand conv sec ..................................

Total interest expense ......................................................

Net interest income (TE) ..................................................Non-interest income ..............................................................

Adjusted operating income (TE) ......................................

Overhead expense ................................................................Provision for loan and lease losses .......................................Securities gains (losses)........................................................Other tax equivalent adjustments ..........................................

Pretax net operating income (TE) ....................................

Applicable income taxes ........................................................Tax equivalent adjustments ...................................................

Applicable income taxes (TE) ..........................................Minority interest .....................................................................

Net operating income.......................................................Net extraordinary gains (losses) ............................................Net income ............................................................................

MEMORANDA:Net incBHC & noncontrol (minority) int ................................Investment securities income (TE) ........................................

U.S. Treasury and agency sec (excl MBS) ......................Mortgage-backed securities .............................................

All other securities ...........................................................

Cash dividends declared .......................................................Common ..........................................................................Preferred ..........................................................................

1-yr 5-yr

BHC Name

RSSD Number

City/State FR Dist: Peer:

($000)12/31/2012 12/31/2011 12/31/2010 12/31/2009 12/31/2008

BUSINESS COMBINATION USING PURCHASE METHOD OF ACCOUNTING. EARNINGS OF ACQUIRED COMPANY REPORTED ONLY FROM DATE OF PURCHASE.

296.6784.50119,000228,00089,000129,000238,000

-47.6053.382,971,000375,000385,000961,0001,474,000

-40.4157.063,090,000603,000474,0001,090,0001,712,000

18.87-11.21576,845562,819572,500572,565508,394

-18.902.691,493,0001,113,0001,112,0001,337,0001,373,000

55.56-20.7511,00068,00059,00053,00042,000

-10.44-22,080,8451,743,8191,743,5001,962,5651,923,394

24.6314.663,015,0002,237,0003,265,0004,788,0005,490,000

30.6015.912,946,0002,205,0003,317,0004,872,0005,647,000

00000

30.6015.912,946,0002,205,0003,317,0004,872,0005,647,000

69,00032,000-52,000-84,000-157,000

25.6419.071,221,000593,0001,144,0002,066,0002,460,000

198.67-0.44134,000198,000209,000225,000224,000

18.7521.461,087,000395,000935,0001,841,0002,236,000

24.9415.994,236,0002,830,0004,409,0006,854,0007,950,000

00000

-978,000-451,000-78,000-31,000-15,000

137.63-19.683,096,0005,557,0004,356,0002,343,0001,882,000

54.686.317,326,0008,258,0009,282,0009,856,00010,478,000

46.086.5015,636,00017,096,00018,125,00019,084,00020,325,00030.857.107,770,0008,380,0008,337,0008,736,0009,356,000

62.1767,866,0008,716,0009,788,00010,348,00010,969,000

-66.84-15.024,686,0003,020,0002,579,0002,516,0002,138,000

-53.78-12.61378,000285,000262,000238,000208,000

-61.79-13.842,427,0001,533,0001,389,0001,438,0001,239,000

-82.96-30.68601,000294,000330,000251,000174,000

-93.17-22.22270,00028,00027,00036,00028,000

-61.49-14.78472,000461,000303,000291,000248,000

-64.51-8.02538,000419,000268,000262,000241,000

-0.791.8912,552,00011,736,00012,367,00012,864,00013,107,000

160.744.76148,00086,000234,000336,000352,000

450-508,0005,0007,00022,00011,000

-10.44-22,080,8451,743,8191,743,5001,962,5651,923,394

-0.972.6310,315,1559,901,18110,382,50010,543,43510,820,606

314.9212.3437,15560,18166,50082,43592,606

72.0712.35122,000131,000140,000170,000191,000

-2.372.3910,156,0009,710,00010,176,00010,291,00010,537,000

-18.94-9.43819,000810,000757,000742,000672,000

-0.193.479,459,0009,031,0009,559,0009,719,00010,056,000

19MINNEAPOLIS, MN

1119794

U.S. BANCORP


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us bancorp preformance report year end december 2012

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