| | California entertainment, commercial loans helped sink Comerica's second quarter (Site not responding. Last check: 2007-10-06) |
 | | Comerica increased its loan-loss provision to $247 million, pretax, with $40 million of that earmarked retroactively for the second quarter, while net chargeoffs were increased to $212 million, $22 million of which was reflected retroactively in the second quarter. |
 | | In the filing, submitted Dec. 27, Comerica disclosed that the $40 million in additional provisioning and $22 million in additional chargeoffs related specifically to the bank's California franchise and followed a regular examination by the Federal Reserve Bank of San Francisco and the California Department of Financial Institutions. |
 | | In the filing, Comerica said the $22 million in additional net chargeoffs recorded retroactively to the second quarter broke down into 11 entertainment loans, five commercial middle-market loans and one overdraft relating to a commercial middle-market loan. |
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