US BANCORP DE (USB)

(Dollars and Shares in Millions, Except Per Share Data) (Unaudited) June 30, March 31, December 31, September 30, June 30, Interest Income Loans $5,728 $5,526 $5,599 $5,688 $5,548 Loans held for sale Investment securities 1,344 1,303 1,343 1,392 1,355 Other interest income (a) Total interest income (a) 7,598 7,407 7,600 7,802 7,604 Interest Expense Deposits 2,330 2,284 2,451 2,648 2,541 Short-term borrowings (a) Long-term debt Total interest expense (a) 3,237 3,144 3,316 3,580 3,553 Net interest income 4,361 4,263 4,284 4,222 4,051 Provision for credit losses Net interest income after provision for credit losses 3,823 3,687 3,707 3,651 3,550 Noninterest Income Card revenue Corporate payment and treasury management revenue Merchant processing services Trust and investment management fees Lending and deposit-related fees Capital markets revenue Mortgage banking revenue Investment products fees Securities gains (losses), net (49) (35) (7) (57) Other Total noninterest income 3,325 2,997 3,053 3,078 2,924 Noninterest Expense Compensation and employee benefits 2,685 2,628 2,529 2,561 2,600 Net occupancy and equipment Professional services Marketing and business development Technology and communications Other intangibles Other Total noninterest expense 4,428 4,265 4,227 4,197 4,181 Income before income taxes 2,720 2,419 2,533 2,532 2,293 Applicable income taxes Net income 2,183 1,950 2,051 2,008 1,821 Net (income) loss attributable to noncontrolling interests (6) (5) (6) (7) (6) Net income attributable to U.S.