TABLE 25 _{Line of Business Financial Performance}


	Wholesale Banking and Commercial Real Estate							Consumer and Small Business Banking
Year Ended December 31 (Dollars in Millions)	2016		2015		Percent Change			2016		2015		Percent Change
Condensed Income Statement
Net interest income (taxable-equivalent basis)	$	2,240	$	2,002		11.9	%	$	4,752	$	4,580		3.8	%
Noninterest income		897		892		.6			2,527		2,485		1.7
Securities gains (losses), net		2		–		*			–		–		–
Total net revenue		3,139		2,894		8.5			7,279		7,065		3.0
Noninterest expense		1,417		1,322		7.2			4,999		4,799		4.2
Other intangibles		4		4		–			32		40		(20.0	)
Total noninterest expense		1,421		1,326		7.2			5,031		4,839		4.0
Income before provision and income taxes		1,718		1,568		9.6			2,248		2,226		1.0
Provision for credit losses		365		214		70.6			93		148		(37.2	)
Income before income taxes		1,353		1,354		(.1	)		2,155		2,078		3.7
Income taxes and taxable-equivalent adjustment		492		493		(.2	)		785		755		4.0
Net income		861		861		–			1,370		1,323		3.6
Net (income) loss attributable to noncontrolling interests		–		–		–			–		–		–
Net income attributable to U.S. Bancorp	$	861	$	861		–		$	1,370	$	1,323		3.6
Average Balance Sheet
Commercial	$	70,854	$	64,569		9.7	%	$	10,352	$	9,848		5.1	%
Commercial real estate		21,193		20,506		3.4			18,224		17,917		1.7
Residential mortgages		8		8		–			53,402		50,007		6.8
Credit card		–		–		–			–		–		–
Other retail		2		2		–			50,251		46,964		7.0
Total loans, excluding covered loans		92,057		85,085		8.2			132,229		124,736		6.0
Covered loans		–		–		–			4,196		4,934		(15.0	)
Total loans		92,057		85,085		8.2			136,425		129,670		5.2
Goodwill		1,647		1,647		–			3,681		3,681		–
Other intangible assets		17		20		(15.0	)		2,421		2,594		(6.7	)
Assets		100,575		93,421		7.7			151,754		146,554		3.5
Noninterest-bearing deposits		36,849		36,345		1.4			27,544		25,829		6.6
Interest checking		8,615		7,445		15.7			43,587		39,930		9.2
Savings products		42,284		28,095		50.5			57,465		53,753		6.9
Time deposits		13,078		15,027		(13.0	)		14,273		15,828		(9.8	)
Total deposits		100,826		86,912		16.0			142,869		135,340		5.6
Total U.S. Bancorp shareholders’ equity		8,996		8,309		8.3			11,192		10,892		2.8

*	Not meaningful


Wealth Management and Securities Services								Payment Services									Treasury and Corporate Support									Consolidated Company
2016			2015		Percent Change			2016			2015			Percent Change			2016			2015			Percent Change			2016			2015			Percent Change

$	537		$	355		51.3	%	$	2,140		$	1,930			10.9	%	$	2,062		$	2,347			(12.1	)%	$	11,731		$	11,214			4.6	%
	1,589			1,475		7.7			3,562			3,371			5.7			980			869			12.8			9,555			9,092			5.1
	–			–		–			–			–			–			20			–			*			22			–			*
	2,126			1,830		16.2			5,702			5,301			7.6			3,062			3,216			(4.8	)		21,308			20,306			4.9
	1,510			1,422		6.2			2,656			2,521			5.4			915			693			32.0			11,497			10,757			6.9
	24			28		(14.3	)		119			102			16.7			–			–			–			179			174			2.9
	1,534			1,450		5.8			2,775			2,623			5.8			915			693			32.0			11,676			10,931			6.8
	592			380		55.8			2,927			2,678			9.3			2,147			2,523			(14.9	)		9,632			9,375			2.7
	(4	)		–		*			869			787			10.4			1			(17	)		*			1,324			1,132			17.0
	596			380		56.8			2,058			1,891			8.8			2,146			2,540			(15.5	)		8,308			8,243			.8
	217			138		57.2			750			687			9.2			120			237			(49.4	)		2,364			2,310			2.3
	379			242		56.6			1,308			1,204			8.6			2,026			2,303			(12.0	)		5,944			5,933			.2
	–			–		–			(32	)		(31	)		(3.2	)		(24	)		(23	)		(4.3	)		(56	)		(54	)		(3.7	)
$	379		$	242		56.6		$	1,276		$	1,173			8.8		$	2,002		$	2,280			(12.2	)	$	5,888		$	5,879			.2

$	2,916		$	2,322		25.6	%	$	7,535		$	7,059			6.7	%	$	386		$	285			35.4	%	$	92,043		$	84,083			9.5	%
	520			569		(8.6	)		–			–			–			3,103			3,423			(9.3	)		43,040			42,415			1.5
	2,272			1,816		25.1			–			–			–			–			9			*			55,682			51,840			7.4
	–			–		–			20,490			18,057			13.5			–			–			–			20,490			18,057			13.5
	1,553			1,517		2.4			524			596			(12.1	)		–			–			–			52,330			49,079			6.6
	7,261			6,224		16.7			28,549			25,712			11.0			3,489			3,717			(6.1	)		263,585			245,474			7.4
	–			1		*			–			–			–			30			50			(40.0	)		4,226			4,985			(15.2	)
	7,261			6,225		16.6			28,549			25,712			11.0			3,519			3,767			(6.6	)		267,811			250,459			6.9
	1,566			1,567		(.1	)		2,465			2,475			(.4	)		–			–			–			9,359			9,370			(.1	)
	101			126		(19.8	)		494			411			20.2			–			–			–			3,033			3,151			(3.7	)
	10,352			9,238		12.1			34,409			31,796			8.2			136,223			127,856			6.5			433,313			408,865			6.0
	13,735			14,393		(4.6	)		951			879			8.2			2,097			1,757			19.4			81,176			79,203			2.5
	9,484			7,959		19.2			–			605			*			40			35			14.3			61,726			55,974			10.3
	36,564			33,994		7.6			97			91			6.6			490			483			1.4			136,900			116,416			17.6
	3,876			3,343		15.9			–			–			–			1,781			1,360			31.0			33,008			35,558			(7.2	)
	63,659			59,689		6.7			1,048			1,575			(33.5	)		4,408			3,635			21.3			312,810			287,151			8.9
	2,382			2,312		3.0			6,390			5,868			8.9			18,379			17,432			5.4			47,339			44,813			5.6