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Table of Contents
Management's Discussion and Analysis
Ally Financial Inc. • Form 10-K
77
Outstanding Finance Receivables and Loans
The following table presents the composition of our on-balance sheet finance receivables and loans.
December 31, ($ in millions)2014 2013 2012 2011 2010
Consumer
Consumer automotive $ 56,570 $ 56,417 $ 53,715 $ 63,459 $ 51,254
Consumer mortgage 7,474 8,444 9,821 10,828 11,763
Total consumer 64,044 64,861 63,536 74,287 63,017
Commercial
Commercial and industrial
Automotive (a) 30,871 30,948 30,270 34,817 33,342
Mortgage —— — 1,911 1,581
Other 1,882 1,664 2,697 1,241 2,107
Commercial real estate
Automotive 3,151 2,855 2,552 2,485 2,287
Mortgage ———1479
Total commercial loans 35,904 35,467 35,519 40,468 39,396
Total finance receivables and loans (b) $ 99,948 $ 100,328 $ 99,055 $ 114,755 $ 102,413
Loans held-for-sale $ 2,003 $ 35 $ 2,576 $ 8,557 $ 11,411
(a) Includes notes receivable from GM of $529 million and $484 million at December 31, 2011 and December 31 2010, respectively.
(b) Includes historical cost, fair value, and repurchased loans.
Nonperforming Assets
The following table summarizes the nonperforming assets in our on-balance sheet portfolio.
December 31, ($ in millions)2014 2013 2012 2011 2010
Consumer
Consumer automotive $ 386 $ 329 $ 260 $ 228 $ 207
Consumer mortgage 177 192 382 549 821
Total consumer (a) 563 521 642 777 1,028
Commercial
Commercial and industrial
Automotive 32 116 146 223 296
Mortgage ————40
Other 46 74 33 37 134
Commercial real estate
Automotive 414 37 67 199
Mortgage ———1271
Total commercial (b) 82 204 216 339 740
Total nonperforming finance receivables and loans 645 725 858 1,116 1,768
Foreclosed properties 10 10 8 82 150
Repossessed assets (c) 90 101 62 56 47
Total nonperforming assets $ 745 $ 836 $ 928 $ 1,254 $ 1,965
Loans held-for-sale (d) $8
$ 9 $ 25 $ 2,820 $ 3,273
(a) Interest revenue that would have been accrued on total consumer finance receivables and loans at original contractual rates was $49 million during the
year ended December 31, 2014. Interest income recorded for these loans was $17 million during the year ended December 31, 2014.
(b) Interest revenue that would have been accrued on total commercial finance receivables and loans at original contractual rates was $9 million during the
year ended December 31, 2014. Interest income recorded for these loans was $5 million during the year ended December 31, 2014.
(c) Repossessed assets exclude $7 million, $7 million, $3 million, $3 million, and $14 million of repossessed operating lease assets at December 31, 2014,
2013, 2012, 2011, and 2010, respectively.
(d) Interest revenue that would have been accrued on total loans held-for-sale at original contractual rates was $22 million during the year ended
December 31, 2014. Interest income recorded for these loans was $20 million during the year ended December 31, 2014.