Ally Bank 2011 Annual Report Download - page 116

Table of Contents
Management's Discussion and Analysis
Ally Financial Inc. • Form 10−K
Allowance for Loan Losses by Type
The following table summarizes the allocation of the allowance for loan losses by product type.
2011 2010 2009 2008 2007
December 31, ($ in millions) Amount % of total Amount % of total Amount % of total Amount % of total Amount % of total
Consumer
Domestic
Consumer automobile $ 600 39.9 $ 769 41.0 $ 772 31.6 $ 1,115 32.5 $ 1,033 37.5
Consumer mortgage
1st Mortgage 275 18.3 322 17.2 387 15.8 525 15.3 540 19.6
Home equity 237 15.8 256 13.7 251 10.3 177 5.2 243 8.8
Total domestic 1,112 74.0 1,347 71.9 1,410 57.7 1,817 53.0 1,816 65.9
Foreign
Consumer automobile 166 11.1 201 10.7 252 10.2 279 8.1 276 10.0
Consumer mortgage
1st Mortgage 4 0.2 2 0.1 2 0.1 409 11.9 49 1.8
Home equity — — — — — — 31 0.9 — —
Total foreign 170 11.3 203 10.8 254 10.3 719 20.9 325 11.8
Total consumer loans 1,282 85.3 1,550 82.7 1,664 68.0 2,536 73.9 2,141 77.7
Commercial
Domestic
Commercial and industrial
Automobile 62 4.0 73 3.9 157 6.4 178 5.2 36 1.3
Mortgage 1 0.1 — — 10 0.4 93 2.7 483 17.5
Other 52 3.5 97 5.2 322 13.2 65 1.9 66 2.4
Commercial real estate
Automobile 39 2.6 54 2.9 — — — — — —
Mortgage — — — — 54 2.2 458 13.3 — —
Total domestic 154 10.2 224 12.0 543 22.2 794 23.1 585 21.2
Foreign
Commercial and industrial
Automobile 48 3.2 33 1.7 54 2.2 45 1.3 26 1.0
Mortgage 10 0.7 12 0.7 20 0.8 3 0.1 — —
Other 1 0.1 39 2.1 111 4.6 9 0.3 3 0.1
Commercial real estate
Automobile 3 0.2 2 0.1 — — — — — —
Mortgage 5 0.3 13 0.7 53 2.2 46 1.3 — —
Total foreign 67 4.5 99 5.3 238 9.8 103 3.0 29 1.1
Total commercial loans 221 14.7 323 17.3 781 32.0 897 26.1 614 22.3
Total allowance for loan losses $ 1,503 100.0 $ 1,873 100.0 $ 2,445 100.0 $ 3,433 100.0 $ 2,755 100.0
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