Ally Bank 2012 Annual Report Download - page 139
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137
The following tables present average balance and interest income for our impaired finance receivables and loans.
2012 2011 2010
Year ended December 31, ($ in millions)Average
balance Interest
income Average
balance Interest
income Average
balance Interest
income
Consumer automobile $ 131 $ 12 $ 35 $ 2 $ — $ —
Consumer mortgage
1st Mortgage 598 24 463 18 405 15
Home equity 95 4 90 4 79 4
Total consumer mortgage 693 28 553 22 484 19
Commercial
Commercial and industrial
Automobile 178 8 303 19 335 13
Mortgage 5 — 19 6 53 2
Other 32 6 84 1 650 6
Commercial real estate
Automobile 64 1 126 7 275 3
Mortgage 6 — 40 1 137 6
Total commercial 285 15 572 34 1,450 30
Total consumer and commercial finance receivables and loans $ 1,109 $ 55 $ 1,160 $ 58 $ 1,934 $ 49
Troubled Debt Restructurings
TDRs are loan modifications where concessions were granted to borrowers experiencing financial difficulties. Numerous initiatives, such
as the Home Affordable Modification Program (HAMP) are in place to provide support to our mortgage customers in financial distress,
including principal forgiveness, maturity extensions, delinquent interest capitalization, and changes to contractual interest rates. Additionally
for automobile loans, we offer several types of assistance to aid our customers including changing the maturity date and rewriting the loan
terms. Total TDRs recorded at historical cost and reported at carrying value before allowance for loan losses were $1.2 billion at
December 31, 2012, reflecting an increase of $441 million from December 31, 2011. Refer to Note 1 for additional information.
Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10-K