Ally Bank 2015 Annual Report Download - page 11

5IFTFBOEPUIFSSFRVJSFNFOUTNBZFJUIFSDVSSFOUMZPSJOUIFGVUVSFJNQBDU"MMZcTCVTJOFTTBOESJTLNBOBHFNFOUTUSBUFHJFTBOE
PSSFTUSJDUUIFSFWFOVFUIBU"MMZHFOFSBUFTGSPNDFSUBJOCVTJOFTTFT
d&OIBODFE1SVEFOUJBM4UBOEBSETe*O'FCSVBSZUIF'3#JTTVFEBGJOBMSVMFUPJNQMFNFOUDFSUBJOFOIBODFEQSVEFOUJBM
TUBOEBSETVOEFSUIF%PEE'SBOL"DUGPSMBSHFCBOLIPMEJOHDPNQBOJFTTVDIBT"MMZ5IFGJOBMSVMFHFOFSBMMZCFDBNFFGGFDUJWFPO
+BOVBSZ"NPOHPUIFSUIJOHTUIFGJOBMSVMFSFRVJSFT"MMZUPNBJOUBJOBCVGGFSPGVOFODVNCFSFEIJHIMZMJRVJEBTTFUTUPNFFU
QSPKFDUFEOFUDBTIPVUGMPXTGPSEBZTPWFSUIFSBOHFPGMJRVJEJUZTUSFTTTDFOBSJPTVTFEJOJOUFSOBMTUSFTTUFTUTBOEUPDPNQMZXJUIB
OVNCFSPGSJTLNBOBHFNFOUBOEHPWFSOBODFSFRVJSFNFOUTJODMVEJOHMJRVJEJUZSJTLNBOBHFNFOUTUBOEBSET5IF'FEFSBM3FTFSWFIBT
TUBUFEUIBUJUXJMMJTTVFBUBMBUFSEBUFGJOBMSVMFTUPJNQMFNFOUDFSUBJOPUIFSFOIBODFEQSVEFOUJBMTUBOEBSETVOEFSUIF%PEE'SBOL
"DUGPSMBSHFCBOLIPMEJOHDPNQBOJFTJODMVEJOHTJOHMFDPVOUFSQBSUZDSFEJUMJNJUTBOEBOFBSMZSFNFEJBUJPOGSBNFXPSL
d-JRVJEJUZ$PWFSBHF3BUJP3FRVJSFNFOUTe5PDPNQMFNFOUUIFBCPWFNFOUJPOFEJOUFSOBMMJRVJEJUZTUSFTTUFTUJOHBOEMJRVJEJUZ
CVGGFSSFRVJSFNFOUTUIF'3#BOEPUIFS64CBOLJOHSFHVMBUPSTJTTVFEBGJOBMSVMFJO4FQUFNCFSUPJNQMFNFOUUIF#BTFM***
MJRVJEJUZDPWFSBHFSBUJP-$3SFRVJSFNFOUTGPSMBSHFCBOLIPMEJOHDPNQBOJFT5IF-$3XBTEFWFMPQFECZUIF#BTFM$PNNJUUFFPO
#BOLJOH4VQFSWJTJPO#BTFM$PNNJUUFFUPFOTVSFCBOLJOHPSHBOJ[BUJPOTNBJOUBJOBOBNPVOUPGIJHIRVBMJUZMJRVJEBTTFUTUIBUJTOP
MFTTUIBOQFSDFOUPGUIFJSUPUBMOFUDBTIPVUGMPXTBSJTJOHGSPNTJHOJGJDBOUTUSFTTPWFSBQSPTQFDUJWFDBMFOEBSEBZQFSJPE5IF
64-$3SVMFJTNPSFTUSJOHFOUJODFSUBJOSFTQFDUTDPNQBSFEUPUIF#BTFM$PNNJUUFFcTWFSTJPOPGUIF-$3BOEJODMVEFTBHFOFSBMMZ
OBSSPXFSEFGJOJUJPOPGEFCUBOEFRVJUZTFDVSJUJFTUIBURVBMJGZBTIJHIRVBMJUZMJRVJEBTTFUTBOEBUXPZFBSQIBTFJOQFSJPEUIBUCFHBO
PO+BOVBSZBOEFOETPO+BOVBSZ"TJNQMFSMFTTTUSJOHFOU64-$3SFRVJSFNFOU.PEJGJFE-$3BQQMJFTUP
EFQPTJUPSZJOTUJUVUJPOIPMEJOHDPNQBOJFTXJUICJMMJPOPSNPSFJOUPUBMDPOTPMJEBUFEBTTFUTUIBUBSFOPUDPWFSFECZUIF-$35IF
.PEJGJFE-$3SFRVJSFTEFQPTJUPSZJOTUJUVUJPOIPMEJOHDPNQBOJFTUPDBMDVMBUFUIFJS.PEJGJFE-$3POBNPOUIMZCBTJTCFHJOOJOH
+BOVBSZTVCKFDUUPBUSBOTJUJPOQFSJPEQIBTFEJOJNQMFNFOUBUJPOXJUIBNJOJNVNSBUJPPGJOBOEJO
BOECFZPOE#FDBVTF"MMZcTUPUBMBTTFUTBSFMFTTUIBOCJMMJPOCVUHSFBUFSUIBOCJMMJPOBOECFDBVTFJUIBTJNNBUFSJBMGPSFJHO
FYQPTVSF"MMZJTTVCKFDUUPUIFSFRVJSFNFOUTPGUIF.PEJGJFE-$3
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'3#BOE'%*$SFHVMBUJPOT3FGFSUP/PUFUPUIF$POTPMJEBUFE'JOBODJBM4UBUFNFOUTGPSBEEJUJPOBMJOGPSNBUJPO4FFBMTPa#BTFM
$BQJUBM'SBNFXPSLTbCFMPX
d$BQJUBM1MBOOJOHBOE4USFTT5FTUTe1VSTVBOUUPUIF%PEE'SBOL"DUUIF'3#IBTBEPQUFEDBQJUBMQMBOOJOHBOETUSFTTUFTU
SFRVJSFNFOUTGPSMBSHFCBOLIPMEJOHDPNQBOJFTJODMVEJOH"MMZXIJDIGPSNQBSUPGUIF'3#T$PNQSFIFOTJWF$BQJUBM"OBMZTJTBOE
3FWJFX$$"3QSPDFTT6OEFSUIF'3#TDBQJUBMQMBOSVMF"MMZNVTUTVCNJUBOBOOVBMDBQJUBMQMBOUPUIF'3#UBLJOHJOUP
BDDPVOUUIFSFTVMUTPGTUSFTTUFTUTDPOEVDUFECZ"MMZCBTFEPOTDFOBSJPTQSFTDSJCFECZUIF'3#5IFDBQJUBMQMBONVTUJODMVEFB
EFTDSJQUJPOPGBMMQMBOOFEDBQJUBMBDUJPOTPWFSBOJOFRVBSUFSQMBOOJOHIPSJ[POJODMVEJOHBOZJTTVBODFPGBEFCUPSFRVJUZDBQJUBM
JOTUSVNFOUBOZDBQJUBMEJTUSJCVUJPOBOEBOZTJNJMBSBDUJPOUIBUUIF'3#EFUFSNJOFTDPVMEIBWFBOJNQBDUPO"MMZTDPOTPMJEBUFE
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SFHVMBUPSZDBQJUBMSBUJPTGPSFBDIQFSJPEPWFSUIFOJOFRVBSUFSQMBOOJOHIPSJ[POBOETFSWFBTBTPVSDFPGTUSFOHUIUP"MMZ#BOL5IF
'3#XJMMFJUIFSPCKFDUUP"MMZTDBQJUBMQMBOJOXIPMFPSJOQBSUPSQSPWJEFBOPUJDFPGOPOPCKFDUJPO*GUIF'3#PCKFDUTUPUIF
DBQJUBMQMBOPSJGDFSUBJONBUFSJBMFWFOUTPDDVSBGUFSBQQSPWBMPGUIFQMBO"MMZNVTUTVCNJUBSFWJTFEDBQJUBMQMBOXJUIJOEBZT*O
BEEJUJPOFWFOXJUIBOBQQSPWFEDBQJUBMQMBO"MMZNVTUTFFLUIFBQQSPWBMPGUIF'3#CFGPSFNBLJOHBDBQJUBMEJTUSJCVUJPOJGBNPOH
PUIFSGBDUPST"MMZXPVMEOPUNFFUJUTSFHVMBUPSZDBQJUBMSFRVJSFNFOUTBGUFSNBLJOHUIFQSPQPTFEDBQJUBMEJTUSJCVUJPO
"MMZSFDFJWFEBOPOPCKFDUJPOUPJUTBOEDBQJUBMQMBOT6OEFSBOFXSVMFFGGFDUJWFGPSUIFDBQJUBMQMBOOJOHDZDMF
BOETVCTFRVFOUDZDMFT"MMZFYQFDUTUPTVCNJUJUTDBQJUBMQMBOCZ"QSJMXJUIBSFTQPOTFFYQFDUFEGSPNUIF'3#CZ
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5IF'3#GJOBMTUSFTTUFTUSVMFSFRVJSFT"MMZUPDPOEVDUTFNJBOOVBMBOOVBMBOENJEDZDMFDPNQBOZSVOTUSFTTUFTUTVOEFS
CBTFMJOFBEWFSTFBOETFWFSFMZBEWFSTFFDPOPNJDTDFOBSJPTPWFSBQMBOOJOHIPSJ[POUIBUTQBOTOJOFRVBSUFST5IFSVMFBMTPTVCKFDUT
"MMZUPBOBOOVBMTVQFSWJTPSZTUSFTTUFTUDPOEVDUFECZUIF'3#'PSUIFTUSFTTUFTUJOHDZDMF"MMZTVCNJUUFEUIFSFTVMUTPGJUT
TFNJBOOVBMTUSFTTUFTUUPUIF'3#JO+BOVBSZBOE+VMZ6OEFSBOFXSVMFFGGFDUJWFGPSUIFBOETVCTFRVFOUDZDMFT"MMZ
FYQFDUTUPTVCNJUJUTDPNQBOZSVOTUSFTTUFTUTCZ"QSJMBOE0DUPCFS*OBEEJUJPOBO'%*$GJOBMSVMFSFRVJSFT
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QMBOOJOHIPSJ[POUIBUTQBOTOJOFRVBSUFST"MMZ#BOLFYQFDUTUPTVCNJUJUTDPNQBOZSVOTUSFTTUFTUCZ"QSJM
*OBEEJUJPOUIF'3#QVCMJTIFTTVNNBSZSFTVMUTPGUIFTVQFSWJTPSZTUSFTTUFTUTPGFBDIMBSHF#)$JODMVEJOH"MMZDPOEVDUFE
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JOGPSNBUJPOUPIFMQJEFOUJGZEPXOTJEFSJTLBOEUIFQPUFOUJBMFGGFDUPGBEWFSTFDPOEJUJPOTPODBQJUBMBEFRVBDZ
d-JNJUBUJPOTPO#BOLBOE#BOL)PMEJOH$PNQBOZ%JWJEFOETBOE$BQJUBM%JTUSJCVUJPOTe6UBIMBXBOEJODFSUBJOJOTUBODFT
GFEFSBMMBXQMBDFTSFTUSJDUJPOTBOEMJNJUBUJPOTPOEJWJEFOETPSPUIFSEJTUSJCVUJPOTQBZBCMFCZPVSCBOLJOHTVCTJEJBSZ"MMZ#BOLUP
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NBLJOHDFSUBJOPUIFSDBQJUBMEJTUSJCVUJPOTXJUIPVUTQFDJGJD'3#OPOPCKFDUJPOUPTVDIBDUJPO&WFOJGBMBSHF#)$SFDFJWFTBOPO
PCKFDUJPOUPJUTDBQJUBMQMBOJUNBZOPUQBZBEJWJEFOEPSNBLFDFSUBJOPUIFSDBQJUBMEJTUSJCVUJPOTXJUIPVU'3#BQQSPWBMVOEFS
DFSUBJODJSDVNTUBODFTFHXIFSFUIF#)$XPVMEOPUNFFUDFSUBJONJOJNVNSFHVMBUPSZDBQJUBMSBUJPTBGUFSHJWJOHFGGFDUUPUIF
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