Capital One 2012 Annual Report Download - page 197

CAPITAL ONE FINANCIAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Credit Card: Risk Profile by Geographic Region and Delinquency Status
December 31, 2012 December 31, 2011
(Dollars in millions) Loans
% of
Total(1)
Acquired
Loans
% of
Total(1) Total
% of
Total(1) Total
% of
Total(1)
Domestic credit card and
installment loans:
California ..................... $ 9,245 10.0% $ 31 0.1% $ 9,276 10.1%$ 6,410 9.9%
Texas ......................... 5,910 6.5 23 0.0 5,933 6.5 3,862 5.9
New York ..................... 5,846 6.4 23 0.0 5,869 6.4 3,737 5.7
Florida ........................ 4,835 5.3 17 0.0 4,852 5.3 3,382 5.2
Illinois ........................ 4,100 4.5 15 0.0 4,115 4.5 2,664 4.1
Pennsylvania ................... 3,861 4.2 14 0.0 3,875 4.2 2,575 4.0
Ohio ......................... 3,351 3.6 12 0.0 3,363 3.6 2,284 3.5
New Jersey .................... 3,060 3.3 10 0.0 3,070 3.3 2,162 3.3
Michigan ...................... 2,917 3.2 11 0.0 2,928 3.2 1,834 2.8
Other ......................... 39,728 43.3 132 0.2 39,860 43.5 27,699 42.6
Total domestic credit card and
installment loans .......... 82,853 90.3 288 0.3 83,141 90.6 56,609 87.0
International credit card:
United Kingdom ................ 3,678 4.0 0 0.0 3,678 4.0 3,828 5.9
Canada ....................... 4,936 5.4 0 0.0 4,936 5.4 4,638 7.1
Total international credit
card .................... 8,614 9.4 0 0.0 8,614 9.4 8,466 13.0
Total credit card and
installment loans .......... $91,467 99.7% $288 0.3% $91,755 100.0%$65,075 100.0%
Selected credit metrics:
30+ day delinquencies(2) .......... $ 3,326 3.62% $ 62 0.07% $ 3,388 3.69%$ 2,511 3.86%
90+ day delinquencies(2) .......... 1,530 1.67 33 0.03 1,563 1.70 1,196 1.84
December 31,
2012 2011
(Dollars in millions) Amount Rate Amount Rate
Net charge-offs:
Domestic credit card ............................................... $2,532 3.53% $2,522 4.72%
International credit card ............................................ 412 4.98 534 6.18
Total(3) .......................................................... $2,944 3.68% $3,056 4.92%
(1) Percentages by geographic region within the domestic and international credit card portfolios are calculated based on the total held-for-
investment credit card loans as of the end of the reported period.
(2) Delinquency rates calculated by dividing delinquent credit card loans by the total balance of credit card loans held for investment as of
the end of the reported period.
(3) Calculated by dividing net charge-offs by average credit card loans held for investment during 2012 and 2011.
The 30+ day delinquency rate for our entire credit card loan portfolio decreased to 3.69% as of December 31,
2012, from 3.86% as of December 31, 2011, reflecting underlying credit improvement trends.
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