Ally Bank 2014 Annual Report Download - page 126

Download and view the complete annual report

Please find page 126 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.

Page out of 188

  • 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
114
The following table shows the percentage of total consumer finance receivables and loans recorded at historical cost reported at carrying
value before allowance for loan losses by state concentration.
2014 (a) 2013
December 31, Automotive
1st Mortgage
and home
equity Automotive
1st Mortgage
and home
equity
Texas 13.6% 6.0% 13.2% 5.8%
California 6.2 30.8 5.8 29.5
Florida 7.3 3.7 7.0 3.6
Pennsylvania 5.3 1.6 5.3 1.7
Illinois 4.4 4.2 4.4 4.4
Georgia 4.2 2.1 4.0 2.1
Michigan 3.8 3.1 4.4 3.9
New York 4.0 1.9 4.3 1.9
Ohio 3.9 0.6 4.0 0.7
North Carolina 3.5 1.9 3.4 1.9
Other United States 43.8 44.1 44.2 44.5
Total consumer loans 100.0% 100.0% 100.0% 100.0%
(a) Presentation is in descending order as a percentage of total consumer finance receivables and loans at December 31, 2014.
Commercial Real Estate
The commercial real estate portfolio consists of loans issued primarily to automotive dealers. The following table shows the percentage
of total commercial real estate finance receivables and loans reported at carrying value before allowance for loan losses by state
concentration.
December 31, 2014 2013
Texas 13.8% 13.2%
Florida 12.3 12.6
Michigan 9.9 11.6
California 9.0 9.2
Virginia 4.1 3.8
North Carolina 3.9 4.1
New York 3.9 4.5
Pennsylvania 3.8 3.3
Georgia 3.7 3.1
Illinois 2.7 2.5
Other United States 32.9 32.1
Total commercial real estate finance receivables and loans 100.0% 100.0%
Commercial Criticized Exposure
Finance receivables and loans classified as special mention, substandard, or doubtful are deemed as criticized. These classifications are
based on regulatory definitions and generally represent finance receivables and loans within our portfolio that have a higher default risk or
have already defaulted. The following table presents the percentage of total commercial criticized finance receivables and loans reported at
carrying value before allowance for loan losses by industry concentrations.
December 31, 2014 2013
Automotive 87.3% 91.4%
Health / Medical 3.5 1.6
Electronics 2.9 3.4
Other 6.3 3.6
Total commercial criticized finance receivables and loans 100.0% 100.0%