US Bancorp Q4 08

--Net income 330 mil, 015 ps vs 0.53 ps Q4 07 --Credit quality Allowance / NPA 138%, trending down from 327% in Q4 07, falling into line with other banks such as BAC and C --Risky exposure > 110 bil, seems larger than equity 24 bil commercial real estate : 90 bil residential real estate: 23 bil opinions --underweight