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US Bancorp : FR Y-9C Reports at June 30, 2026
US Bancorp : FR Y-9C Reports at June 30,
About this update from U.s. Bancorp
FR Y-9C OMB Number 7100-0128 Approval expires December 31, 2028 Page 1 of 73 Board of Governors of the Federal Reserve System Consolidated Financial Statements for Holding Companies-FR Y-9C Report at the close of business as of the last calendar day of the quarter This Report is required by law: Section 5(c) of the BHC Act companies meeting certain criteria must file this report (FR Y-9C) (12 U.S.C. § 1844(c)), section 10 of Home Owners' Loan Act regardless of size. See page 1 of the general instructions for fur- (HOLA) (12 U.S.C. § 1467a(b)), section 618 of the Dodd-Frank Act ther information. However, when such holding companies own or (12 U.S.C. § 1850a(c)(1)), section 165 of the Dodd-Frank Act control, or are owned or controlled by, other holding companies, (12 U.S.C. § 5365), and section 252.153(b)(2) of Regulation YY only the top-tier holding company must file this report for the con- (12 CFR 252.153(b)(2)). solidated holding company organization. The Federal Reserve may not conduct or sponsor, and an organization (or a person) is This report form is to be filed by holding companies with total not required to respond to, a collection of information unless it dis-consolidated assets of $3 billion or more. In addition, holding plays a currently valid OMB control number. NOTE: Each holding company's board of directors and senior man- Date of Report: June 30, 2026 agement are responsible for establishing and maintaining an effec- Month / Day / Year (BHCK 9999) tive system of internal control, including controls over the Consolidated Financial Statements for Holding Companies. The Consolidated Financial Statements for Holding Companies is to be prepared in accordance with instructions provided by the Federal Reserve System. The Consolidated Financial Statements for Companies must be signed and attested by the Chief Financial Officer (CFO) of the reporting holding company (or by the individual performing this equivalent function). I, the undersigned CFO (or equivalent) of the named holding company, attest that the Consolidated Financial Statements for Holding Companies (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the Federal Reserve System and are true and correct to the best of my knowledge and belief. CONF U.S. Bancorp Printed Name of Chief Financial Officer (or Equivalent) (BHCK C490) Legal Title of Holding Company (RSSD 9017) 200 S 6th St Signature of Chief Financial Officer (or Equivalent) (BHCK H321) (Mailing Address of the Holding Company) Street / PO Box (RSSD 9110) 08/06/2026 Minneapolis MN 55402 Date of Signature (MM/DD/YYYY) (BHTX J196) City (RSSD 9130) State (RSSD 9200) Zip Code (RSSD 9220) Is confidential treatment requested for any portion of this report submission?.................. In accordance with the General Instructions for this report (check only one), a letter justifying this request is being provided along with the report (BHCK KY38)....................................................................... a letter justifying this request has been provided separately (BHCK KY38)............................................................................. 0=No 1=Yes BHCK C447 0 Person to whom questions about this report should be directed: CONF Name / Title (BHTX 8901) CONF Area Code / Phone Number (BHTX 8902) CONF Area Code / FAX Number (BHTX 9116) CONF E-mail Address of Contact (BHTX 4086) For Federal Reserve Bank Use Only RSSD ID C.I. S.F. Holding companies must maintain in their files a physically (ink) or electronically signed and attested submitted FR Y-9C. Public reporting burden for this information collection is estimated to vary from 5 to 1,250 hours per response, with an average of 44.79 hours per response for non-Advanced Approaches holding companies with $5 billion or more and an average of 35.59 hours per response for non-Advanced Approaches holding companies with less than $5 billion in total assets and 49.80 hours for Advanced Approaches holding companies, including time to gather and maintain data in the required form and to review instructions and complete the information collection. Comments regarding this burden estimate or any other aspect of this information collection, including suggestions for reducing the burden, may be sent to Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551, and to the Office of Management and Budget, Paperwork Reduction Project (7100-0128), Washington, DC 20503. 03/2026 Chief Executive Officer Contact Information This information is being requested so the Board can distribute notifications about policy initiatives and other matters directly to the Chief Executive Officers of reporting institutions. Please provide contact information for the Chief Executive Officer of the reporting institution. Enter "none" for the Chief Executive Officer's email address if not available. Chief Executive Officer contact information is for the confidential use of the Board and will not be released to the public. Chief Executive Officer CONF Name (BHCK FT42) CONF Area Code / Phone Number / Extension (BHCK FT43) CONF E-mail Address (BHCK FT44) 12/2021 Report of Income for Holding Companies Report all Schedules of the Report of Income on a calendar year-to-date basis. BHCK Amount 4435 2,917,000 4436 1,396,000 F821 6,761,000 4059 5,000 4065 253,000 4115 650,000 B488 456,000 B489 1,817,000 4060 374,000 4069 73,000 4020 178,000 4518 125,000 4107 15,005,000 HK03 514,000 HK04 195,000 6761 3,844,000 4172 61,000 4180 223,000 4185 1,458,000 4397 86,000 4398 0 4073 6,381,000 4074 8,624,000 JJ33 1,115,000 4070 1,163,000 4483 621,000 A220 373,000 Schedule HI-Consolidated Income Statement FR Y-9C For Federal Reserve Bank Use Only RSSD ID S.F. Page 3 of 73 Interest income a Interest and fee income on loans: In domestic offices: Dollar Amounts in Thousands Loans secured by 1 - 4 family residential properties........................................................... All other loans secured by real estate.................................................................................. All other loans...................................................................................................................... In foreign offices, Edge and Agreement subsidiaries, and IBFs................................................ b Income from lease financing receivables......................................................................................... c. Interest income on balances due from depository institutions (1) ...................................................... d Interest and dividend income on securities: U.S. Treasury securities and U.S. government agency obligations (excluding mortgage-backed securities)................................................................................... Mortgage-backed securities....................................................................................................... All other securities..................................................................................................................... e Interest income from trading assets (2) .............................................................................................. f. Interest income on federal funds sold and securities purchased under agreements to resell............................................................................................................................................. g Other interest income....................................................................................................................... h Total interest income (sum of items 1.a through 1.g)....................................................................... Interest expense a Interest on deposits: In domestic offices: Time deposits of $250,000 or less....................................................................................... Time deposits of more than $250,000................................................................................. Other deposits..................................................................................................................... In foreign offices, Edge and Agreement subsidiaries, and IBFs................................................ b Expense on federal funds purchased and securities sold under agreements to repurchase........... c. Interest on trading liabilities and other borrowed money (2) (excluding subordinated notes and debentures) ............................................................................. d Interest on subordinated notes and debentures and on mandatory convertible securities (2) ....................................................................................................................................... e Other interest expense..................................................................................................................... f. Total interest expense (sum of items 2.a through 2.e)..................................................................... Net interest income (item 1.h minus item 2.f)...................................................................................... Provision for credit losses (3) ............................................................................................................. Noninterest income: a Income from fiduciary activities........................................................................................................ b Service charges on deposit accounts in domestic offices................................................................ c. Trading revenue (2,4) ......................................................................................................................... 1.a.(1)(a) 1.a.(1)(b) 1.a.(1)(c) 1.a.(2) 1.b. 1.c. 1.d.(1) 1.d.(2) 1.d.(3) 1.e. 1.f. 1.g. 1.h. 2.a.(1)(a) 2.a.(1)(b) 2.a.(1)(c) 2.a.(2) 2.b. 2.c. 2.d. 2.e. 2.f. 3. 4. 5.a. 5.b. 5.c. Includes interest income on time certificates of deposit not held for trading. To be completed by holding companies with $5 billion or more in total assets. (Asset-size test is based on the prior year June 30 report date). Income and or expenses pertaining to these items should be reported in the "other" categories 1.g, 2.e, and 5.l, respectively by holding companies with less than $5 billion in total assets. Holding companies should report in item 4, the provisions for credit losses for all financial assets and off-balance sheet credit exposures. For holding companies required to complete Schedule HI, memoranda item 9, trading revenue reported in Schedule HI, item 5.c must equal the sum of memoranda items 9.a through 9.e. 03/2024 Schedule HI-Continued Dollar Amounts in Thousands BHCK Amount Holding companies with less than $5 billion in total assets should report data items 5.d.(6) and 5.d.(7) only and leave 5.d.(1) through 5.d.(5) blank. b. Realized gains (losses) on available-for-sale debt securities.............................................................. (excluding salaries and employee benefits and mortgage interest).................................................... (2) Amortization expense and impairment losses for other intangible assets...................................... (sum of items 3, 5.m, 6.a, 6.b, minus items 4 and 7.e)........................................................................ (sum of items 8.a and 8.b)................................................................................................................... (minority) interests (sum of items 10 and 11)............................................................................................ (if net income, report as a positive value; if net loss, report as a negative value)..................................... C886 302,000 C888 265,000 C887 50,000 C386 0 C387 3,000 KX46 N/A KX47 N/A B491 38,000 B492 159,000 B493 0 8560 152,000 8561 2,000 B496 (26,000) B497 3,304,000 4079 6,406,000 3521 0 3196 (84,000) 4135 5,313,000 4217 607,000 C216 0 C232 224,000 4092 2,550,000 4093 8,694,000 HT69 5,137,000 HT70 2,000 4301 5,139,000 4302 1,006,000 4300 4,133,000 FT28 0 G104 4,133,000 G103 11,000 4340 4,122,000 d. Income from securities-related and insurance activities: Fees and commissions from securities brokerage......................................................................... Investment banking, advisory, and underwriting fees and commissions........................................ Fees and commissions from annuity sales.................................................................................... Underwriting income from insurance and reinsurance activities.................................................... Income from other insurance activities........................................................................................... Fees and commissions from securities brokerage, investment banking, advisory, and underwriting fees and commissions............................................................................................... Income from insurance activities (5) ................................................................................................. Venture capital revenue (6) .................................................................................................................... Net servicing fees................................................................................................................................ Net securitization income (6) .................................................................................................................. Not applicable. Net gains (losses) on sales of loans and lease................................................................................... Net gains (losses) on sales of other real estate owned....................................................................... Net gains (losses) on sales of other assets (7) .................................................................................... Other noninterest income (8) ............................................................................................................... Total noninterest income (sum of items 5.a through 5.l)...................................................................... a. Realized gains (losses) on held-to-maturity securities........................................................................ Noninterest expense: Salaries and employee benefits........................................................................................................... Expenses of premises and fixed assets (net of rental income) (1) Goodwill impairment losses............................................................................................................ Other noninterest expense (9) .............................................................................................................. Total noninterest expense (sum of items 7.a through 7.d).................................................................. a. Income (loss) before change in net unrealized holding gains (losses) on equity securities not held for trading, applicable income taxes, and discontinued operations Change in net unrealized holding gains (losses) on equity securities not held for trading (10) .............. Income (loss) before applicable income taxes and discontinued operations Applicable income taxes (on item 8.c)....................................................................................................... Income (loss) before discontinued operations (item 8.c minus item 9)..................................................... Discontinued operations, net of applicable income taxes (11) .................................................................... Net income (loss) attributable to holding company and noncontrolling LESS: Net income (loss) attributable to noncontrolling (minority) interests Net income (loss) attributable to holding company (item 12 minus item 13)............................................. 5.d.(1) 5.d.(2) 5.d.(3) 5.d.(4) 5.d.(5) 5.d.(6) 5.d.(7) 5.e. 5.f. 5.g. 5.i. 5.j. 5.k. 5.l. 5.m. 6.a. 6.b. 7.a. 7.b. 7.c.(1) 7.c.(2) 7.d. 7.e. 8.a. 8.b. 8.c. 9. 10. 11. 12. 13. 14. Includes underwriting income from insurance and reinsurance activities. To be completed by holding companies with $5 billion or more in total assets. (Asset-size test is based on the prior year June 30 report date). Income and or expenses pertaining to these items should be reported in the "other" categories. Excludes net gains (losses) on sales of trading assets and held-to-maturity and available-for-sale debt securities. See Schedule HI, memoranda item 6. See Schedule HI, memoranda item 7. Item 8.b is to be completed by all holding companies. See the instructions for this item and the Glossary entry for "Securities Activities" for further detail on accounting for investments in equity securities. Describe on Schedule HI, memoranda item 8. 03/2022 Schedule HI-Continued Memoranda Dollar Amounts in Thousands BHCK Amount Memo Items 1 and 2 are to be reported by holding companies with $5 billion or more in total assets. (1) on a fully taxable equivalent basis............................................................................................................................. (included in Schedule HI, items 1.a and 1.b, above)................................................................................................. (included in Schedule HI, item 1.d.(3), above).......................................................................................................... (round to nearest whole number).............................................................................................................................. Memo Items 6.a through 6.j are to be completed annually on a calendar year-to-date basis in the December report only by holding companies with less than $5 billion in total assets. Holding companies with $5 billion or more in total assets should report these items on a quarterly basis. (1) 4519 8,678,000 4592 5,193,000 4313 97,000 4507 139,000 BHCK Number 4150 67,432 BHCK Amount C013 0 C014 0 C016 0 4042 0 C015 0 F555 854,000 T047 0 h. i. j. TEXT 8562 Merchant processing services 8562 921,000 TEXT 8563 Corporate payment products revenue 8563 408,000 TEXT 8564 8564 0 Memo Items 7.a through 7.p are to be completed annually on a calendar year-to-date basis in the December report only by holding companies with less than $5 billion in total assets. Holding companies with $5 billion or more in total assets should report these items on a quarterly basis. (1) 7 Other noninterest expense (from Schedule HI, item 7.d, above) (only report amounts greater than $100,000 that exceed 7 percent of the sum of Schedule HI, item 7.d): C017 307,000 0497 366,000 4136 0 C018 0 8403 0 4141 0 4146 CONF F556 0 F557 0 F558 0 F559 0 Y923 0 Net interest income (item 3 above) on a fully taxable equivalent basis..................................................................... Net income before applicable income taxes, and discontinued operations (item 8.c above) Income on tax-exempt loans and leases to states and political subdivisions in the U.S. Income on tax-exempt securities issued by states and political subdivisions in the U.S. Number of full-time equivalent employees at end of current period Other noninterest income (from Schedule HI, item 5.l, above) (only report amounts greater than $100,000 that exceed 7 percent of Schedule HI, item 5.I): Income and fees from the printing and sale of checks....................................................................................... Earnings on/increase in value of cash surrender value of life insurance............................................................ Income and fees from automated teller machines (ATMs)................................................................................. Rent and other income from other real estate owned......................................................................................... Safe deposit box rent.......................................................................................................................................... Bank card and credit card interchange fees....................................................................................................... Income and fees from wire transfers.................................................................................................................. Data processing expenses........................................................................................................................................ Advertising and marketing expenses........................................................................................................................ Directors' fees........................................................................................................................................................... Printing, stationery, and supplies.............................................................................................................................. Postage..................................................................................................................................................................... Legal fees and expenses.......................................................................................................................................... FDIC deposit insurance assessments (2) ................................................................................................................ Accounting and auditing expenses............................................................................................................................ Consulting and advisory expenses............................................................................................................................ Automated teller machine (ATM) and interchange expenses................................................................................... Telecommunications expenses................................................................................................................................. Other real estate owned expenses............................................................................................................................ FR Y-9C Page 5 of 73 M.1. M.2. M.3. M.4. M.5. M.6.a. M.6.b. M.6.c. M.6.d. M.6.e. M.6.f. M.6.g. M.6.h. M.6.i. M.6.j. M.7.a. M.7.b. M.7.c. M.7.d. M.7.e. M.7.f. M.7.g. M.7.h. M.7.i. M.7.j. M.7.k. M.7.l. Asset-size test is based on the total assets reported as of prior year June 30 report date. Amounts reported in Memorandum item 7.g will not be made available to the public on an individual institution basis. 03/2022