The tables Thursday on pages 8 and 9, which ranked bank holding companies by their first-quarter commercial and industrial lending, omitted U.S. Bancorp. It is the bank holding company formed Feb. 27 from Firstar Corp. of Milwaukee and the old U.S. Bancorp of Minneapolis. The new company reported $39.74 billion of commercial and industrial loans at March 31, which ranked it No. 7 among U.S. bank holding companies. This total was 75.82% higher than the old U.S. Bancorp reported a year earlier, and nonperforming loans were 1.48% of the total, up from 0.66% a year earlier.
A July 9 article on page one, Banks Taking the Offensive on ATM Fees with Iowa Suit, incorrectly identified the holding company of one bank plaintiff in a lawsuit against the Iowa superintendent of banking. The holding company of Metrobank is Metrocorp of East Moline, Ill., not Metrocorp Bancshares of Houston.