Ally Bank 2014 Annual Report Download - page 70
Download and view the complete annual report
Please find page 70 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
Management's Discussion and Analysis
Ally Financial Inc. • Form 10-K
58
The following table presents the percentage of total commercial real estate finance receivables and loans by state concentration. These
finance receivables and loans are reported at carrying value before allowance for loan losses.
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 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. These finance receivables and loans require additional monitoring and review including specific actions to mitigate
our potential loss.
The following table presents the percentage of total commercial criticized finance receivables and loans by industry concentrations.
These finance receivables and loans within our automotive and corporate finance portfolios are reported at carrying value before allowance
for loan losses.
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%
Total criticized exposures increased $115 million to $2.2 billion at December 31, 2014 from December 31, 2013. The increase was
primarily due to, and aligned with, the growth of the corporate finance portfolio.
Selected Loan Maturity and Sensitivity Data
The table below shows the commercial finance receivables and loans portfolio and the distribution between fixed and floating interest
rates based on the stated terms of the commercial loan agreements. This portfolio is reported at carrying value before allowance for loan
losses.
December 31, 2014 ($ in millions)Within 1 year (a) 1-5 years After 5 years Total (b)
Commercial and industrial $ 30,117 $ 2,300 $ 336 $ 32,753
Commercial real estate 77 1,803 1,271 3,151
Total commercial finance receivables and loans $ 30,194 $ 4,103 $ 1,607 $ 35,904
Loans at fixed interest rates $ 1,768 $ 1,200
Loans at variable interest rates 2,335 407
Total commercial finance receivables and loans $ 4,103 $ 1,607
(a) Includes loans (e.g., floorplan) with revolving terms.
(b) Loan maturities are based on the remaining maturities under contractual terms.