Federal Deposit Insurance Corporation

U.S. Bancorp Posts Q4 Profit With FDIC, Treasury Aid 

U.S. Bancorp [stock USB][/stock] on Wednesday reported a net quarterly income of $330 million — or 15 cents per share — down from the 53-cents-per-share earnings reported in the previous-year period. The bank’s total residential mortgages increased 3.4 percent to $760 million in the quarter, according to its earnings statement.