Capital One 2012 Annual Report Download - page 208

CAPITAL ONE FINANCIAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
As part of our loan modifications to borrowers experiencing financial difficulty, we may provide multiple
concessions to minimize our economic loss and improve long-term loan performance and collectability. The
following tables present the types, amounts and financial effects of loans modified and accounted for as troubled
debt restructurings during the period:
Total
Loans
Modified(1)
December 31, 2012
Reduced Interest Rate Term Extension Balance Reduction
(Dollars in millions)
% of
TDR
Activity(2)(8)
Average
Rate
Reduction(3)
% of TDR
Activity(4)(8)
Average
Term
Extension
(Months)(5)
% of
TDR
Activity(6)(8)
Gross
Balance
Reduction(7)
Credit card:
Domestic credit card ......... $ 353 100% 11.45% 0% 0 0% $ 0
International credit card ....... 218 100 23.71 0 0 0 0
Total credit card ............. 571 100 15.64 0 0 0 0
Consumer banking:
Auto ...................... 338 51 6.71 69 8 50 219
Home loan ................. 62 65 2.50 75 128 45 10
Retail banking .............. 28 3 2.67 96 9 0 0
Total consumer banking ...... 428 50 5.90 72 26 46 229
Commercial banking:
Commercial and multifamily
real estate ................ 62 38 2.18 90 16 0 0
Commercial and industrial ..... 131 7 3.90 87 13 0 0
Total commercial lending ..... 193 17 2.67 88 14 0 0
Small-ticket commercial real
estate ................... 0 0 0.00 0 0 0 0
Total commercial banking ..... 193 17 2.67 88 14 0 0
Total ...................... $1,192 69% 12.56% 40% 22 16% $229
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