Ally Bank 2011 Annual Report Download - page 157

Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10−K
The following table presents the carrying value before allowance for loan losses of our finance receivables and loans recorded at historical cost on
nonaccrual status.
December 31, ($ in millions) 2011 2010
Consumer automobile $ 228 $ 207
Consumer mortgage
1st Mortgage 281 500
Home equity 58 61
Total consumer mortgage 339 561
Commercial
Commercial and industrial
Automobile 223 296
Mortgage — 40
Other 37 134
Commercial real estate
Automobile 67 199
Mortgage 12 71
Total commercial 339 740
Total consumer and commercial finance receivables and loans $ 906 $ 1,508
Management performs a quarterly analysis of the consumer automobile, consumer mortgage, and commercial portfolios using a range of credit quality
indicators to assess the adequacy of the allowance based on historical and current trends. The tables below present our finance receivables and loans by
select credit quality indicators for the consumer automobile, consumer mortgage, and commercial portfolios.
The following table presents performing and nonperforming credit quality indicators in accordance with our internal accounting policies for our
consumer finance receivables and loans recorded at historical cost reported at carrying value before allowance for loan losses.
2011 2010
December 31, ($ in millions) Performing Nonperforming Total Performing Nonperforming Total
Consumer automobile $ 63,231 $ 228 $ 63,459 $ 51,047 $ 207 $ 51,254
Consumer mortgage
1st Mortgage 6,610 281 6,891 6,807 500 7,307
Home equity 3,044 58 3,102 3,380 61 3,441
Total consumer mortgage $ 9,654 $ 339 $ 9,993 $ 10,187 $ 561 $ 10,748
The following table presents pass and criticized credit quality indicators based on regulatory definitions for our commercial finance receivables and
loans recorded at historical cost reported at carrying value before allowance for loan losses.
2011 2010
December 31, ($ in millions) Pass Criticized (a) Total Pass Criticized (a) Total
Commercial
Commercial and industrial
Automobile $ 32,464 $ 2,353 $ 34,817 $ 31,254 $ 2,088 $ 33,342
Mortgage 1,760 151 1,911 1,504 77 1,581
Other 883 358 1,241 1,041 1,066 2,107
Commercial real estate
Automobile 2,305 180 2,485 2,013 274 2,287
Mortgage — 14 14 — 79 79
Total commercial $ 37,412 $ 3,056 $ 40,468 $ 35,812 $ 3,584 $ 39,396
(a) Includes loans classified as special mention, substandard, or doubtful. These classifications are based on regulatory definitions and generally represent loans within our portfolio that
are of higher default risk or have already defaulted.
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