Ally Bank 2012 Annual Report Download - page 108

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December 31, ($ in millions) 2012 2011
Assets
Cash and cash equivalents
Noninterest-bearing $ 1,073 $ 2,475
Interest-bearing 6,440 10,560
Total cash and cash equivalents 7,513 13,035
Trading assets —622
Investment securities 14,178 15,135
Loans held-for-sale, net ($2,490 and $3,919 fair value-elected) 2,576 8,557
Finance receivables and loans, net
Finance receivables and loans, net ($— and $835 fair value-elected) 99,055 114,755
Allowance for loan losses (1,170) (1,503)
Total finance receivables and loans, net 97,885 113,252
Investment in operating leases, net 13,550 9,275
Mortgage servicing rights 952 2,519
Premiums receivable and other insurance assets 1,609 1,853
Other assets 11,908 18,741
Assets of operations held-for-sale 32,176 1,070
Total assets $ 182,347 $ 184,059
Liabilities
Deposit liabilities
Noninterest-bearing $ 1,977 $ 2,029
Interest-bearing 45,938 43,021
Total deposit liabilities 47,915 45,050
Short-term borrowings 7,461 7,680
Long-term debt ($— and $830 fair value-elected) 74,561 92,885
Interest payable 932 1,587
Unearned insurance premiums and service revenue 2,296 2,576
Accrued expenses and other liabilities ($— and $29 fair value-elected) 6,585 14,664
Liabilities of operations held-for-sale 22,699 337
Total liabilities 162,449 164,779
Equity
Common stock and paid-in capital 19,668 19,668
Mandatorily convertible preferred stock held by U.S. Department of Treasury 5,685 5,685
Preferred stock 1,255 1,255
Accumulated deficit (7,021) (7,415)
Accumulated other comprehensive income 311 87
Total equity 19,898 19,280
Total liabilities and equity $ 182,347 $ 184,059
The Notes to the Consolidated Financial Statements are an integral part of these statements.
Table of Contents
Consolidated Balance Sheet
Ally Financial Inc. • Form 10-K