Ally Bank 2014 Annual Report Download - page 123
Download and view the complete annual report
Please find page 123 of the 2014 Ally Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
 |
 |
Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10-K
111
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.
2014 2013
December 31, ($ in millions)Performing Nonperforming Total Performing Nonperforming Total
Consumer automotive $ 56,184 $ 386 $ 56,570 $ 56,088 $ 329 $ 56,417
Consumer mortgage 7,296 177 7,473 8,251 192 8,443
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.
2014 2013
December 31, ($ in millions)Pass Criticized (a) Total Pass Criticized (a) Total
Commercial
Commercial and industrial
Automotive $ 29,150 $ 1,721 $ 30,871 $ 29,194 $ 1,754 $ 30,948
Other 1,509 373 1,882 1,388 276 1,664
Commercial real estate — Automotive 3,015 136 3,151 2,770 85 2,855
Total commercial $ 33,674 $ 2,230 $ 35,904 $ 33,352 $ 2,115 $ 35,467
(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.
Impaired Loans and Troubled Debt Restructurings
Impaired Loans
Loans are considered impaired when we determine it is probable that we will be unable to collect all amounts due according to the terms
of the loan agreement. For more information on our impaired finance receivables and loans, refer to Note 1.