US Bancorp : December 31, 2022 MUFG Union Bank N.A. (San Francisco)

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 December 31, 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

Report at the close of business December 31, 2022

20221231

(RCON 9999)

This report is required by law: 12 U.S.C. § 324 (State member

This report form is to be filed by (1) banks with branches and

banks); 12 U.S.C. §1817 (State nonmember banks); 12 U.S.C. §161

consolidated

subsidiaries in U.S.

territories

and

possessions,

(National banks); and 12 U.S.C. §1464 (Savings associations).

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)

20230127

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	MUFG UnionBank, N.A.
bank's data file to the CDR.
For technical assistance with submissions to the CDR, please	Legal Title of Bank (RSSD 9017)
San Francisco
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	22826	CA	941041302
	(RSSD 9050)	State Abbreviation (RSSD 9200)	Zip Code (RSSD 9220)

Legal Entity Identifier (LEI)

OX3PU53ZLPQKJ4700D47

(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.

12/2022

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	Schedule RC-E-Deposit Liabilities:
Contact Information	3, 4	Part I. Deposits in Domestic Offices	RC-18, 19, 20
Part II. Deposits in Foreign Offices (including
Report of Income		Edge and Agreement Subsidiaries and IBFs)	RC-20
	Schedule RC-F-Other Assets	RC-21
Schedule RI-Income Statement	RI-1, 2, 3, 4	Schedule RC-G-Other Liabilities	RC-21
Schedule RI-A-Changes in Bank Equity Capital	RI-5	Schedule RC-H-Selected Balance Sheet Items for
Schedule RI-B-Charge-offs and Recoveries on		Domestic Offices	RC-22, 23
Loans and Leases and Changes in Allowances		Schedule RC-I-Assets and Liabilities of IBFs	RC-23
for Credit Losses:		Schedule RC-K-QuarterlyAverages………........................RC-24
Part I. Charge-offs and Recoveries on Loans and	Schedule RC-L-Derivatives and
Leases	RI-5, 6	Off-Balance-SheetItems…………………….......RC-25, 26, 27, 28
Part II. Changes in Allowances for Credit		Schedule RC-M-Memoranda……………….......RC-29, 30, 31, 32
Losses	RI-7
Schedule RI-C-Disaggregated Data on the		Schedule RC-N-Past Due and Nonaccrual Loans,
Allowance for Loan and Lease Losses		Leases, and Other Assets………………….RC-33, 34, 35, 36, 37
(to be completed only by selected banks):
Part I. Disaggregated Data on the Allowance for Loan	Schedule RC-O-Other Data for Deposit Insurance
and Lease Losses	......................RI-8	Assessments….................…….….…RC- 38, 39, 40, 41, 42, 43
Part II. Disaggregated Data on the Allowances for Credit
Losses	RI-9	Schedule RC-P-1-4 Family Residential Mortgage
		Banking Activities in Domestic Offices
Schedule RI-D-Income from Foreign Offices……………....................RI-10	(to be completed only by selected banks)	RC-44
Schedule RI-E-Explanations………………………………...............RI-11,12	Schedule RC-Q-Assets and Liabilities Measured
Report of Condition		at Fair Value on a Recurring Basis
	(to be completed only by selected banks)	RC-45, 46, 47
Schedule RC-Balance Sheet	RC-1, 2, 3	Schedule RC-R-Regulatory Capital:
Schedule RC-A-Cash and Balances Due		Part I. Regulatory Capital Components
from Depository Institutions	RC-4	and Ratios	RC-48, 49, 50, 51, 52
		Part II. Risk-Weighted Assets	RC-53, 54,
Schedule RC-B-Securities	RC-4, 5, 6, 7, 8	55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66
Schedule RC-C-Loans and Lease Financing		Schedule RC-S-Servicing, Securitization,
Receivables:		and Asset Sale Activities	RC-67, 68, 69
Part I. Loans and Leases	RC-9, 10, 11, 12, 13
Part II. Loans to Small Businesses and		Schedule RC-T-Fiduciary and Related
Small Farms	RC-14, 15	Services………………………………………......RC-70, 71, 72, 73
Schedule RC-D-Trading Assets and Liabilities		Schedule RC-V-Variable Interest Entities	RC-74
(to be completed only by selected
banks)……………………………………………………............RC-16, 17	Optional Narrative Statement Concerning
		the Amounts Reported in the Consolidated Reports
		of Condition and Income	RC-75

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)	Other Person to Whom Questions about the
Signing the Reports	Reports Should be Directed
CONF	CONF
Name (TEXT C490)	Name (TEXT C495)
CONF	CONF
Title (TEXT C491)	Title (TEXT C496)
CONF	CONF
E-mail Address (TEXT C492)	E-mail Address (TEXT 4086)
CONF	CONF
Area Code / Phone Number / Extension (TEXT C493)	Area Code / Phone Number / Extension (TEXT 8902)
CONF	CONF
Area Code / FAX Number (TEXT C494)	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	Secondary Contact
CONF	CONF
Name (TEXT C366)	Name (TEXT C371)
CONF	CONF
Title (TEXT C367)	Title (TEXT C372)
CONF	CONF
E-mail Address (TEXT C368)	E-mail Address (TEXT C373)
CONF	CONF
Area Code / Phone Number / Extension (TEXT C369)	Area Code / Phone Number / Extension (TEXT C374)
CONF	CONF
Area Code / FAX Number (TEXT C370)	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	Secondary Contact
CONF	CONF
Name (TEXT C437)	Name (TEXT C442)
CONF	CONF
Title (TEXT C438)	Title (TEXT C443)
CONF	CONF
E-mail Address (TEXT C439)	E-mail Address (TEXT C444)
CONF	CONF
Area Code/ Phone Number/ Extension (TEXT C440)	Area Code/ Phone Number/ Extension (TEXT C445)

Third Contact	Fourth Contact
CONF
Name (TEXT C870)	Name (TEXT C875)
CONF
Title (TEXT C871)	Title (TEXT C876)
CONF
E-mail Address (TEXT C872)	E-mail Address (TEXT C877)
CONF
Area Code/ Phone Number/ Extension (TEXT C873)	Area Code/ Phone Number/ Extension (TEXT C878)

06/2012

Consolidated Report of Income

for the period January 1, 2022-December 31, 2022

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
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) All other loans secured by real estate	4436
(b) Loans to finance agricultural production and other loans to farmers	4024
(c) Commercial and industrial loans	4012
(d) Loans to individuals for household, family, and other personal expenditures:
(1) Credit cards	B485
(2) Other (includes revolving credit plans other than credit cards, automobile loans,
and other consumer loans)	B486
(e) Loans to foreign governments and official institutions	4056
(f) All other loans in domestic offices	B487
(2) In foreign offices, Edge and Agreement subsidiaries, and IBFs	4059
(3) Total interest and fee income on loans (sum of items 1.a.(1)(a) through 1.a.(2))	4010
b. Income from lease financing receivables	4065
c. Interest income on balances due from depository institutions (1)	4115
d. Interest and dividend income on securities:
(1) U.S. Treasury securities and U.S. Government agency obligations
(excluding mortgage-backed securities)	B488
(2) Mortgage-backed securities	B489
(3) All other securities
(includes securities issued by states and political subdivisions in the U.S.)	4060
e. Interest income from trading assets	4069
f. Interest income on federal funds sold and securities purchased under agreements to resell	4020
g. Other interest income	4518
h. Total interest income (sum of items 1.a.(3) through 1.g)	4107
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
(b) Nontransaction accounts:
(1) Savings deposits (includes MMDAs)	0093
(2) Time deposits of $250,000 or less	HK03
(3) Time deposits of more than $250,000	HK04
(2) Interest on deposits in foreign offices, Edge and Agreement subsidiaries, and IBFs	4172
b. Expense of federal funds purchased and securities sold under agreements to repurchase	4180
c. Interest on trading liabilities and other borrowed money	4185

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

FFIEC 031

Page 5 of 91

RI-1

Amount

97,617 1.a.(1)(a)(1)

76,204 1.a.(1)(a)(2)

2,830 1.a.(1)(b)

46,692 1.a.(1)(c)

4,816 1.a.(1)(d)(1)

3,918 1.a.(1)(d)(2)

0 1.a.(1)(e)

8,600 1.a.(1)(f) NA 1.a.(2)

240,677 1.a.(3)

0 1.b.

73,501 1.c.

18,037 1.d.(1)

21,797 1.d.(2)

2,629 1.d.(3)

351 1.e.

24,305 1.f.

1,204 1.g.

382,501 1.h.

23,065 2.a.(1)(a)

15,892 2.a.(1)(b)(1)

7,359 2.a.(1)(b)(2)

4,253 2.a.(1)(b)(3) NA 2.a.(2)

0 2.b.

15,014 2.c.

12/2022