Capital One 2012 Annual Report Download - page 122

Table 18 presents an aging of 30+ day delinquent loans included in the above table.
Table 18: Aging and Geography of 30+ Day Delinquent Loans
December 31,
2012 2011
(Dollars in millions) Amount
% of
Total Loans(1) Amount
% of
Total Loans(1)
Total loan portfolio ................................. $205,889 100.0% $135,892 100.00%
Delinquency status:
30 – 59 days .................................. $ 2,664 1.29% $ 2,306 1.70%
60 – 89 days .................................. 1,440 0.70 1,092 0.80
90 + days ..................................... 2,256 1.10 1,970 1.45
Total ............................................ $ 6,360 3.09% $ 5,368 3.95%
Geographic region:
Domestic ..................................... $ 6,052 2.94% $ 4,930 3.63%
International ................................... 308 0.15 438 0.32
Total ............................................ $ 6,360 3.09% $ 5,368 3.95%
(1) Calculated by dividing loans in each delinquency status category or geographic region as of the end of the period by the total held-for-
investment loan portfolio, including acquired loans.
Table 19 summarizes loans that were 90 days or more past due as to interest or principal and still accruing
interest as of December 31, 2012, 2011 and 2010. These loans consist primarily of credit card accounts between
90 days and 179 days past due. As permitted by regulatory guidance issued by the Federal Financial Institutions
Examination Council (“FFIEC”), we generally continue to accrue interest on domestic credit card loans through
the date of charge-off, which is typically in the period the account becomes 180 days past due. While domestic
credit card loans typically remain on accrual status until the loan is charged-off, we establish a reserve for
finance charges and fees billed but not expected to be collected and exclude this amount from revenue.
Table 19: 90+ Days Delinquent Loans Accruing Interest
(Dollars in millions)
December 31,
2012 2011 2010
Amount
% of
Total Loans Amount
% of
Total Loans Amount
% of
Total Loans
Loan category: (1)
Credit card(2) .......................... $1,510 1.65% $1,196 1.84% $1,379 2.25%
Consumer ............................ 1 0.00 5 0.01 5 0.01
Commercial .......................... 16 0.04 41 0.12 14 0.05
Total ............................ $1,527 0.74% $1,242 0.91% $1,398 1.11%
Geographic region:(3)
Domestic ............................ $1,427 0.69% $1,047 0.77% $1,195 0.95%
International .......................... 100 0.05 195 0.14 203 0.16
Total ............................ $1,527 0.74% $1,242 0.91% $1,398 1.11%
(1) Delinquency rates are calculated by loan category by dividing 90+ day delinquent loans accruing interest as of the end of the period by
period-end loans held for investment for the specified loan category, including acquired loans as applicable.
(2) Includes credit card loans that continue to accrue finance charges and fees until charged-off, which is typically at 180 days past due. The
amounts reported for credit card loans are net of billed finance charges and fees that we do not expect to collect. The estimated
uncollectible portion of billed finance charges and fees excluded from revenue totaled $937 million, $371 million and $950 million in
2012, 2011 and 2010, respectively. The reserve for uncollectible billed finance charges and fees totaled $307 million, $74 million and
$211 million as of December 31, 2012, 2011 and 2010, respectively.
(3) Calculated by dividing loans in each geographic region as of the end of the period by the total loan portfolio.
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