Ally Bank 2012 Annual Report Download - page 137

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135
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)2012 2011
Consumer automobile $ 260 $ 228
Consumer mortgage
1st Mortgage 342 281
Home equity 40 58
Total consumer mortgage 382 339
Commercial
Commercial and industrial
Automobile 146 223
Mortgage ——
Other 33 37
Commercial real estate
Automobile 37 67
Mortgage —12
Total commercial 216 339
Total consumer and commercial finance receivables and loans $ 858 $ 906
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 the
population of loans by quality indicators for our 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.
Nonperforming loans include finance receivables and loans on nonaccrual status when the principal or interest has been delinquent for 90
days or when full collection is determined not to be probable. Refer to Note 1 for additional information.
2012 2011
December 31, ($ in millions)Performing Nonperforming Total Performing Nonperforming Total
Consumer automobile $ 53,455 $ 260 $ 53,715 $ 63,231 $ 228 $ 63,459
Consumer mortgage
1st Mortgage 6,831 342 7,173 6,610 281 6,891
Home equity 2,608 40 2,648 3,044 58 3,102
Total consumer mortgage $ 9,439 $ 382 $ 9,821 $ 9,654 $ 339 $ 9,993
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.
2012 2011
December 31, ($ in millions)Pass Criticized (a) Total Pass Criticized (a) Total
Commercial
Commercial and industrial
Automobile $ 28,978 $ 1,292 $ 30,270 $ 32,464 $ 2,353 $ 34,817
Mortgage — — — 1,760 151 1,911
Other 2,417 280 2,697 883 358 1,241
Commercial real estate
Automobile 2,440 112 2,552 2,305 180 2,485
Mortgage — — — — 14 14
Total commercial $ 33,835 $ 1,684 $ 35,519 $ 37,412 $ 3,056 $ 40,468
(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 have a higher default risk or have already defaulted.
Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10-K