Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type


US BANCORP   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2020201920182017201620152014201320122011
Period End Date12/31/202012/31/201912/31/201812/31/201712/31/201612/31/201512/31/201412/31/201312/31/201212/31/2011
Loans held for sale216.00162.00165.00144.00154.00206.00128.00203.00282.00200.00
Loans12,018.0014,099.0013,120.0011,788.0010,777.0010,059.0010,113.0010,277.0010,558.0010,370.00
Investment securities:Taxable--------------------
Investment securities2,428.002,893.002,616.002,232.002,078.002,001.001,866.001,631.001,792.001,820.00
Investment securities:Non-taxable--------------------
Trading securities--------------------
Money market investments--------------------
Other interest income178.00340.00272.00182.00125.00136.00121.00174.00251.00249.00
Total Interest Income14,840.0017,494.0016,173.0014,346.0013,134.0012,402.0012,228.0012,285.0012,883.0012,639.00
Deposits950.002,855.001,869.001,041.00622.00457.00465.00561.00691.00840.00
Long-Term Debt924.001,227.001,007.00784.00754.00699.00725.00767.001,005.001,145.00
Short-term borrowings141.00360.00378.00141.0092.00245.00263.00353.00442.00531.00
Company-obligated mandatorily redeemable preferred securities of subsidiary trusts holding solely the juniorsubordinated--------------------
Total interest expense2,015.004,442.003,254.001,966.001,468.001,401.001,453.001,681.002,138.002,516.00
Net Interest Income12,825.0013,052.0012,919.0012,380.0011,666.0011,001.0010,775.0010,604.0010,745.0010,123.00
Provision for credit losses3,806.001,504.001,379.001,390.001,324.001,132.001,229.001,340.001,882.002,343.00
Net interest income after provision for credit losses9,019.0011,548.0011,540.0010,990.0010,342.009,869.009,546.009,264.008,863.007,780.00
Treasury Management Fees568.00578.00594.00618.00583.00561.00545.00538.00541.00551.00
Merchant processing services1,261.001,601.001,531.00----1,547.00--------
Investment products fees and commissions192.00186.00188.00173.00169.00185.00191.00178.00150.00129.00
Deposit service charges677.00909.001,070.001,035.00706.00702.00693.00670.00653.00659.00
Securities gains (losses), net177.0073.0030.0057.0022.00--3.009.00(15.00)(31.00)
Investment banking revenue--------------------
Trust and investment management fees1,736.001,673.001,619.001,522.001,427.001,321.001,252.001,139.001,055.001,000.00
Mortgage banking revenue2,064.00874.00720.00834.00979.00906.001,009.001,356.001,937.00986.00
Credit and debit card revenue1,338.001,413.001,401.001,289.001,206.001,070.001,021.00965.00892.001,073.00
ATM processing services--------277.00318.00321.00327.00346.00452.00
Merchant processing services------1,486.001,498.00--1,511.001,458.001,395.001,355.00
Trading income and commissions--------------------
Other748.00926.00910.00774.00911.00907.001,040.00569.00743.001,011.00
Corporate payment products revenue497.00664.00644.00575.00541.00708.00724.00706.00744.00734.00
Commercial products revenue1,143.00934.00895.00954.00971.00867.00854.00859.00878.00841.00
Merger and restructuring-related gains--------------------
Total Noninterest Income10,401.009,831.009,602.009,317.009,290.009,092.009,164.008,774.009,319.008,760.00
Compensation6,635.006,325.006,162.005,746.005,212.004,812.004,523.004,371.004,320.004,041.00
Employee Benefits1,303.001,286.001,231.001,134.001,008.001,167.001,041.001,140.00945.00845.00
Marketing and business development318.00426.00429.00542.00435.00361.00382.00357.00388.00369.00
Net occupancy and equipment1,092.001,123.001,063.001,019.00988.00991.00987.00949.00917.00999.00
Goodwill--------------------
Other intangibles176.00168.00161.00175.00179.00174.00199.00223.00274.00299.00
Merger and restructuring-related charges--------------------
Other1,833.001,618.001,709.002,529.002,015.001,819.001,978.001,695.001,957.001,914.00
Professional services430.00454.00407.00419.00502.00423.00414.00381.00530.00383.00
Technology and communications1,294.001,095.00978.00903.00877.00887.00863.00848.00821.00758.00
Postage, printing and supplies288.00290.00324.00323.00311.00297.00328.00310.00304.00303.00
Debt prepayment--------------------
Furniture and equipment--------------------
Communication--------------------
Total Noninterest Expense13,369.0012,785.0012,464.0012,790.0011,527.0010,931.0010,715.0010,274.0010,456.009,911.00
Income Before Income Taxes6,051.008,594.008,678.007,517.008,105.008,030.007,995.007,764.007,726.006,629.00
Federal:Current1,146.001,162.001,287.002,086.002,585.001,956.001,888.001,885.001,853.00907.00
Federal:Deferred(291.00)166.00(148.00)(1,180.00)(711.00)(223.00)(126.00)(83.00)45.00689.00
State:Current355.00379.00395.00201.00337.00346.00331.00216.00334.00186.00
State:Deferred(144.00)(59.00)20.00157.00(50.00)18.00(6.00)14.004.0059.00
Applicable income taxes1,066.001,648.001,554.001,264.002,161.002,097.002,087.002,032.002,236.001,841.00
Income from Continuing Operations--------------------
Income from discontinued operations (after-tax)--------------------
Income before cumulative effect of change in accounting principles--------------------
Cumulative effect of change in accounting principles--------------------
Net Income (Loss) before Preferred dividend and non-controlling interests4,985.006,946.007,124.006,253.005,944.005,933.005,908.005,732.005,490.004,788.00
Net income attributable to noncontrolling interests26.0032.0028.0035.0056.0054.0057.00(104.00)(157.00)(84.00)
Preferred dividends304.00302.00282.00267.00281.00247.00243.00250.00238.00129.00
Accretion of preferred stock discount--------------------
Earnings allocated to participating stock awards21.0029.0030.0028.0027.0024.0025.0026.0026.0022.00
Deemed dividend on preferred stock redemption--------------8.00----
Equity portion of gain on ITS exchange transaction, net of tax--------------------
Impact of the purchase of noncontrolling interests--------(9.00)----------
Impact of preferred stock call13.00----10.00------------
Net income allocated to common stockholders4,621.006,583.006,784.005,913.005,589.005,608.005,583.005,552.005,383.004,721.00
Income from continuing operations--------------------
Discontinued operations--------------------
Cumulative effect of change in accounting principles--------------------
Earnings per common share-Basic3.064.164.153.533.253.183.103.022.852.47
Income from continuing operations--------------------
Discontinued operations--------------------
Cumulative effect of change in accounting principles--------------------
Earnings per common share-Diluted3.064.164.143.513.243.163.083.002.842.46
Average Common shares outstanding-Basic1,509.001,581.001,634.001,677.001,718.001,764.001,803.001,839.001,887.001,914.00
Average Common shares outstanding-Diluted1,510.001,583.001,638.001,683.001,724.001,772.001,813.001,849.001,896.001,923.00