Ally Bank 2012 Annual Report Download - page 69

67
Selected Loan Maturity and Sensitivity Data
The table below shows the commercial finance receivables and loans portfolio and the distribution between fixed and floating interest
rates based on the stated terms of the commercial loan agreements. This portfolio is reported at carrying value before allowance for loan
losses.
December 31, 2012 ($ in millions)Within 1 year (a) 1-5 years After 5 years Total (b)
Commercial and industrial $ 31,107 $ 1,798 $ 44 $ 32,949
Commercial real estate 131 2,004 417 2,552
Total domestic 31,238 3,802 461 35,501
Foreign 3 15 — 18
Total commercial finance receivables and loans $ 31,241 $ 3,817 $ 461 $ 35,519
Loans at fixed interest rates $ 1,809 $ 381
Loans at variable interest rates 2,008 80
Total commercial finance receivables and loans $ 3,817 $ 461
(a) Includes loans (e.g., floorplan) with revolving terms.
(b) Loan maturities are based on the remaining maturities under contractual terms.
Allowance for Loan Losses
The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans.
($ in millions)Consumer
automobile Consumer mortgage Total consumer Commercial Total
Allowance at January 1, 2012 $ 766 $ 516 $ 1,282 $ 221 $ 1,503
Charge-offs
Domestic (438) (149) (587) (8) (595)
Foreign (178) — (178) (3) (181)
Total charge-offs (616) (149) (765) (11) (776)
Recoveries
Domestic 171 11 182 11 193
Foreign 76 — 76 33 109
Total recoveries 247 11 258 44 302
Net charge-offs (369) (138) (507) 33 (474)
Provision for loan losses 257 86 343 (14) 329
Foreign provision for loan losses 115 — 115 (50) 65
Deconsolidation of ResCap — (9) (9) — (9)
Other (a) (194) (3) (197) (47) (244)
Allowance at December 31, 2012 $ 575 $ 452 $ 1,027 $ 143 $ 1,170
Allowance for loan losses to finance receivables and loans
outstanding at December 31, 2012 (b) 1.1% 4.6% 1.6% 0.4 % 1.2%
Net charge-offs to average finance receivables and loans
outstanding at December 31, 2012 (b) 0.5% 1.4% 0.7% (0.1)% 0.4%
Allowance for loan losses to total nonperforming finance
receivables and loans at December 31, 2012 (b) 221.3% 118.0% 159.8% 66.4 % 136.3%
Ratio of allowance for loans losses to net charge-offs at
December 31, 2012 1.6 3.3 2.0 (4.3) 2.5
(a) Other includes the allowance of foreign Automotive Finance operations finance receivables and loans that were reclassified as discontinued operations.
(b) Coverage percentages are based on the allowance for loan losses related to finance receivables and loans excluding those loans held at fair value as a
percentage of the unpaid principal balance, net of premiums and discounts.
The allowance for consumer loan losses at December 31, 2012, declined $255 million compared to December 31, 2011. The decline
reflects the reclassification of the foreign Automotive Finance operations to discontinued operations and the runoff of legacy portfolios, which
was partially offset by an increase in loans outstanding.
Table of Contents
Management's Discussion and Analysis
Ally Financial Inc. • Form 10-K