September 30, 2021 U.S. Bank N.A. (Cincinnati, OH)

Report at the close of business September 30, 2021

This report is required by law: 12 U.S.C. § 324 (State member banks); 12 U.S.C. §1817 (State nonmember banks); 12 U.S.C. §161 (National banks); and 12 U.S.C. §1464 (Savings associations).

Board of Governors of the Federal Reserve System	OMB Number 7100-0036
Federal Deposit Insurance Corporation	OMB Number 3064-0052
Office of the Comptroller of the Currency	OMB Number 1557-0081
	Approval expires June 30, 2024
	Page 1 of 91

Federal Financial Institutions Examination Council

Consolidated Reports of Condition and Income for

a Bank with Domestic and Foreign Offices-FFIEC 031

20210930

(RCON 9999)

This report form is to be filed by (1) banks with branches and consolidated subsidiaries in U.S. territories and possessions, Edge or Agreement subsidiaries, foreign branches, consolidated foreign subsidiaries, or International Banking Facilities, (2) banks

Unless the context indicates otherwise, the term "bank" in this with domestic offices only and total consolidated assets of $100

report form refers to both banks and savings associations.billion or more, and (3) banks that are advanced approaches institutions for regulatory capital purposes.

NOTE: Each bank's board of directors and senior management are

schedules) for this report date have been prepared

in

confor-

responsible for establishing and maintaining an effective system of

mance with the instructions issued by the appropriate Federal

internal control, including controls over the Reports of Condition and

regulatory authority and are true and correct to the best of my

Income. The Reports of Condition and Income are to be prepared in

knowledge and belief.

accordance with federal regulatory authority instructions. The Reports

of Condition and Income must be signed by the Chief Financial

We,

the

undersigned

directors

(trustees),

attest

to the

correct-

Officer (CFO) of the reporting bank (or by the individual performing an

ness of the Reports of Condition and Income (including the sup-

equivalent function) and attested to by not less than two directors

porting

schedules)

for

this report date and declare that

the

(trustees) for state nonmember banks and three directors for state

Reports of Condition and Income have been examined

by

us

and

member banks, national banks, and savings associations.

to the best of our knowledge and belief have been prepared in

conformance with the instructions issued by

the

appropriate

I, the undersigned CFO (or equivalent) of the named bank, attest

Federal regulatory authority and are true and correct.

that the Reports of Condition and Income (including the supporting

Director (Trustee)

Signature of Chief Financial Officer (or Equivalent)

Director (Trustee)

October 29, 2021

Date of Signature

Director (Trustee)

Submission of Reports

Each bank must file its Reports of Condition and Income (Call

To

fulfill

the signature

and attestation requirement

for

the

Reports

Report) data by either:

of Condition and Income for this report date, attach your bank's

completed

signature

page (or a

photocopy

or a

computer

gener-

1. Using computer software to prepare its Call Report and then ated version of this page) to the hard-copy record of the data file

submitting the report data directly to the FFIEC's	Central Data submitted to the CDR that your bank must place in its files.
Repository (CDR), an Internet-based system for	data collec-
tion (https://cdr.ffiec.gov/cdr/), or	The appearance of your bank's hard-copy record of the

1. Completing its Call Report in paper form and arranging with a submitted data file need not match exactly the appearance of the

software vendor or another party to convert the data into the	FFIEC's sample report	forms, but should show at least the
electronic format that can be processed by the CDR. The soft-	caption of each Call Report item and the reported amount.
ware vendor or other party then must electronically submit the	U.S. Bank National Association
bank's data file to the CDR.
For technical assistance with submissions to the CDR, please	Legal Title of Bank (RSSD 9017)
Cincinnati
contact the CDR Help Desk by telephone at (888) CDR-3111, by
fax at [phone], or by e-mail at [e-mail].	City (RSSD 9130)
FDIC Certificate Number	6548		OH			45202
	(RSSD 9050)	State Abbreviation (RSSD 9200)			Zip Code (RSSD 9220)

Legal Entity Identifier (LEI)

6BYL5QZYBDK8S7L73M02

(Report only if your institution already has an LEI.) (RCON 9224)

The estimated average burden associated with this information collection is 86.49 hours per respondent and is expected to vary by institution, depending on individual circumstances. Burden estimates include the time for reviewing instructions, gathering and maintaining data in the required form, and completing the information collection, but exclude the time for compiling and maintaining business records in the normal course of a respondent's activities. A Federal agency may not conduct or sponsor, and an organization (or a person) is not required to respond to a collection of information, unless it displays a currently valid OMB control number. Comments concerning the accuracy of this burden estimate and suggestions for reducing this burden should be directed to the Office of Information and Regulatory Affairs, Office of Management and Budget, Washington, DC 20503, and to one of the following: Secretary, Board of Governors of the Federal Reserve System, 20th and C Streets, NW, Washington, DC 20551; Legislative and Regulatory Analysis Division, Office of the Comptroller of the Currency, Washington, DC 20219; Assistant Executive Secretary, Federal Deposit Insurance Corporation, Washington, DC 20429.

09/2021

FFIEC 031

Page 2 of 91

Consolidated Reports of Condition and Income for a Bank with Domestic and Foreign Offices

Table of Contents

Signature Page.........................................................................................	1
Contact Information.............................................................................	3, 4
Report of Income
Schedule RI-Income Statement..............................................	RI-1, 2, 3, 4
Schedule RI-A-Changes in Bank Equity Capital.................................	RI-5
Schedule RI-B-Charge-offs and Recoveries on
Loans and Leases and Changes in Allowances
for Credit Losses:
Part I. Charge-offs and Recoveries on Loans and
Leases.....................................................................................	RI-5, 6
Part II. Changes in Allowances for Credit
Losses.........................................................................................	RI-7
Schedule RI-C-Disaggregated Data on the
Allowance for Loan and Lease Losses
(to be completed only by selected banks):
Part I. Disaggregated Data on the Allowance for Loan
and Lease Losses.......................................................................	RI-8
Part II. Disaggregated Data on the Allowances for Credit
Losses.........................................................................................	RI-9

Schedule RI-D-Income from Foreign Offices……………....................RI-10

Schedule RI-E-Explanations………………………………...............RI-11,12

Report of Condition
Schedule RC-Balance Sheet...................................................	RC-1, 2, 3
Schedule RC-A-Cash and Balances Due
from Depository Institutions...........................................................	RC-4
Schedule RC-B-Securities...............................................	RC-4, 5, 6, 7, 8
Schedule RC-C-Loans and Lease Financing
Receivables:
Part I. Loans and Leases.....................................	RC-9, 10, 11, 12, 13
Part II. Loans to Small Businesses and
Small Farms........................................................................	RC-14, 15

Schedule RC-D-Trading Assets and Liabilities (to be completed only by selected

banks)……………………………………………………............RC-16, 17

Schedule RC-E-Deposit Liabilities:
Part I. Deposits in Domestic Offices......................	RC-18, 19, 20
Part II. Deposits in Foreign Offices (including
Edge and Agreement Subsidiaries and IBFs)..............	RC-20
Schedule RC-F-Other Assets............................................	RC-21
Schedule RC-G-Other Liabilities.......................................	RC-21
Schedule RC-H-Selected Balance Sheet Items for
Domestic Offices.........................................................	RC-22, 23
Schedule RC-I-Assets and Liabilities of IBFs...................	RC-23

Schedule RC-K-QuarterlyAverages………........................RC-24

Schedule RC-L-Derivatives and

Off-Balance-SheetItems…………………….......RC-25, 26, 27, 28

Schedule RC-M-Memoranda………………......RC-29, 30, 31, 32

Schedule RC-N-Past Due and Nonaccrual Loans,

Leases, and Other Assets………………….RC-33, 34, 35, 36, 37

Schedule RC-O-Other Data for Deposit Insurance Assessments….................…….….…RC- 38, 39, 40, 41, 42, 43

Schedule RC-P-1-4 Family Residential Mortgage

Banking Activities in Domestic Offices
(to be completed only by selected banks)	........................RC-44
Schedule RC-Q-Assets and Liabilities Measured
at Fair Value on a Recurring Basis
(to be completed only by selected banks)	............RC-45, 46, 47
Schedule RC-R-Regulatory Capital:
Part I. Regulatory Capital Components
and Ratios..............................................	RC-48, 49, 50, 51, 52
Part II. Risk-Weighted Assets.....................................	RC-53, 54,
55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66
Schedule RC-S-Servicing, Securitization,
and Asset Sale Activities.......................................	RC-67, 68, 69

Schedule RC-T-Fiduciary and Related Services………………………………………......RC-70, 71, 72, 73

Schedule RC-V-Variable Interest Entities..........................	RC-74
Optional Narrative Statement Concerning
the Amounts Reported in....................................................the Consolidated Reports	RC-75
of Condition and Income

For information or assistance, national banks, state nonmember banks, and savings associations should contact the FDIC's Data Collection and Analysis Section, 550 17th Street, NW, Washington, DC 20429, toll free on (800) 688-FDIC(3342), Monday through Friday between 8:00 a.m. and 5:00 p.m., Eastern Time. State member banks should contact their Federal Reserve District Bank.

06/2020

FFIEC 031

Page 3 of 91

Contact Information for the Reports of Condition and Income

To facilitate communication between the Agencies and the bank concerning the Reports of Condition and Income, please provide contact information for (1) the Chief Financial Officer (or equivalent) of the bank signing the reports for this quarter, and (2) the person

at the bank -other than the Chief Financial Officer (or equivalent) - to whom questions about the reports should be directed. If the Chief Financial Officer (or equivalent) is the primary contact for questions about the reports, please provide contact information for another person at the bank who will serve as a secondary contact for communications between the Agencies and the bank concerning the Reports of Condition and Income. Enter "none" for the contact's e-mail address or fax number if not available. Contact information for the Reports of Condition and Income is for the confidential use of the Agencies and will not be released to the public.

Chief Financial Officer (or Equivalent) Signing the Reports

CONF

Name (TEXT C490)

CONF

Title (TEXT C491)

CONF

E-mail Address (TEXT C492)

CONF

Area Code / Phone Number / Extension (TEXT C493)

CONF

Area Code / FAX Number (TEXT C494)

Other Person to Whom Questions about the Reports Should be Directed

CONF

Name (TEXT C495)

CONF

Title (TEXT C496)

CONF

E-mail Address (TEXT 4086)

CONF

Area Code / Phone Number / Extension (TEXT 8902)

CONF

Area Code / FAX Number (TEXT 9116)

Chief Executive Officer Contact Information

This information is being requested so the Agencies can distribute notifications about policy initiatives, deposit insurance assessments, and other matters directly to the Chief Executive Officers of reporting institutions. Notifications about other matters may include emergency notifications that may or may not also be sent to the institution's emergency contacts listed below. Please provide contact information for the Chief Executive Officer of the reporting institution. Enter "none" for the Chief Executive Officer's e-mail address or fax number if not available. Chief Executive Officer contact information is for the confidential use of the Agencies and will not be released to the public.

Chief Executive Officer

CONF		CONF
Name (TEXT FT42)		Area Code / Phone Number / Extension (TEXT FT43)
CONF		CONF
E-mail Address (TEXT FT44)		Area Code / FAX Number (TEXT FT45)

Emergency Contact Information

This information is being requested so the Agencies can distribute critical, time-sensitive information to emergency contacts at banks. Please provide primary contact information for a senior official of the bank who has decision-making authority. Also provide information for a secondary contact if available. Enter "none" for the contact's e-mail address or fax number if not available. Emergency contact information is for the confidential use of the Agencies and will not be released to the public.

Primary Contact

CONF

Name (TEXT C366)

CONF

Title (TEXT C367)

CONF

E-mail Address (TEXT C368)

CONF

Area Code / Phone Number / Extension (TEXT C369)

CONF

Area Code / FAX Number (TEXT C370)

Secondary Contact

CONF

Name (TEXT C371)

CONF

Title (TEXT C372)

CONF

E-mail Address (TEXT C373)

CONF

Area Code / Phone Number / Extension (TEXT C374)

CONF

Area Code / FAX Number (TEXT C375)

09/2016

FFIEC 031

Page 4 of 91

USA PATRIOT Act Section 314(a) Anti-Money Laundering

Contact Information

This information is being requested to identify points-of-contact who are in charge of your bank's USA PATRIOT Act Section 314(a) information requests. Bank personnel listed could be contacted by law enforcement officers or the Financial Crimes Enforcement Network (FinCEN) for additional information related to specific Section 314(a) search requests or other anti-terrorist financing and anti- money-laundering matters. Communications sent by FinCEN to the bank for purposes other than Section 314(a) notifications will state the intended purpose and should be directed to the appropriate bank personnel for review. Any disclosure of customer records to law enforcement officers or FinCEN must be done in compliance with applicable law, including the Right to Financial Privacy Act (12 U.S.C. 3401 et seq.).

Please provide information for a primary and secondary contact. Information for a third and fourth contact may be provided at the bank's option. Enter "none" for the contact's e-mail address if not available. This contact information is for the confidential use of the Agencies, FinCEN, and law enforcement officers and will not be released to the public.

Primary Contact

CONF

Name (TEXT C437)

CONF

Title (TEXT C438)

CONF

E-mail Address (TEXT C439)

CONF

Area Code/ Phone Number/ Extension (TEXT C440)

Third Contact

CONF

Name (TEXT C870)

CONF

Title (TEXT C871)

CONF

E-mail Address (TEXT C872)

CONF

Area Code/ Phone Number/ Extension (TEXT C873)

Secondary Contact

CONF

Name (TEXT C442)

CONF

Title (TEXT C443)

CONF

E-mail Address (TEXT C444)

CONF

Area Code/ Phone Number/ Extension (TEXT C445)

Fourth Contact

CONF

Name (TEXT C875)

CONF

Title (TEXT C876)

CONF

E-mail Address (TEXT C877)

CONF

Area Code/ Phone Number/ Extension (TEXT C878)

06/2012

FFIEC 031

Page 5 of 91

RI-1

Consolidated Report of Income

for the period January 1, 2021-September 30, 2021

All Report of Income schedules are to be reported on a calendar year-to-date basis in thousands of dollars.

Schedule RI-Income Statement

Dollar Amounts in Thousands	RIAD	Amount
1. Interest income:
a. Interest and fee income on loans:
(1) In domestic offices:
(a) Loans secured by real estate:
(1) Loans secured by 1-4 family residential properties........................................................	4435	2,360,591	1.a.(1)(a)(1)
(2) All other loans secured by real estate..............................................................................	4436	864,292	1.a.(1)(a)(2)
(b) Loans to finance agricultural production and other loans to farmers....................................	4024	17,020	1.a.(1)(b)
(c) Commercial and industrial loans...........................................................................................	4012	1,635,660	1.a.(1)(c)
(d) Loans to individuals for household, family, and other personal expenditures:
(1) Credit cards.....................................................................................................................	B485	1,700,669	1.a.(1)(d)(1)
(2) Other (includes revolving credit plans other than credit cards, automobile loans,
and other consumer loans)..............................................................................................	B486	1,043,222	1.a.(1)(d)(2)
(e) Loans to foreign governments and official institutions..........................................................	4056	0	1.a.(1)(e)
(f) All other loans in domestic offices.........................................................................................	B487	256,837	1.a.(1)(f)
(2) In foreign offices, Edge and Agreement subsidiaries, and IBFs.................................................	4059	4,238	1.a.(2)
(3) Total interest and fee income on loans (sum of items 1.a.(1)(a) through 1.a.(2)).......................	4010	7,882,529	1.a.(3)
b. Income from lease financing receivables.........................................................................................	4065	405,223	1.b.
c. Interest income on balances due from depository institutions (1).....................................................	4115	26,712	1.c.
d. Interest and dividend income on securities:
(1) U.S. Treasury securities and U.S. Government agency obligations
(excluding mortgage-backed securities).....................................................................................	B488	208,242	1.d.(1)
(2) Mortgage-backed securities........................................................................................................	B489	1,318,652	1.d.(2)
(3) All other securities
(includes securities issued by states and political subdivisions in the U.S.)...............................	4060	197,410	1.d.(3)
e. Interest income from trading assets.................................................................................................	4069	565	1.e.
f. Interest income on federal funds sold and securities purchased under agreements to resell..........	4020	18	1.f.
g. Other interest income.......................................................................................................................	4518	32,369	1.g.
h. Total interest income (sum of items 1.a.(3) through 1.g)..................................................................	4107	10,071,720	1.h.
2. Interest expense:
a. Interest on deposits:
(1) Interest on deposits in domestic offices:
(a) Transaction accounts (interest-bearing demand deposits, NOW accounts, ATS
accounts, and telephone and preauthorized transfer accounts)...........................................	4508	15,181	2.a.(1)(a)
(b) Nontransaction accounts:
(1) Savings deposits (includes MMDAs)...............................................................................	0093	157,894	2.a.(1)(b)(1)
(2) Time deposits of $250,000 or less...................................................................................	HK03	58,217	2.a.(1)(b)(2)
(3) Time deposits of more than $250,000.............................................................................	HK04	12,607	2.a.(1)(b)(3)
(2) Interest on deposits in foreign offices, Edge and Agreement subsidiaries, and IBFs.................	4172	1,376	2.a.(2)
b. Expense of federal funds purchased and securities sold under agreements to repurchase............	4180	1,195	2.b.
c. Interest on trading liabilities and other borrowed money..................................................................	4185	224,129	2.c.

1. Includes interest income on time certificates of deposit not held for trading.

09/2021