Capital One 2012 Annual Report Download - page 210

CAPITAL ONE FINANCIAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
TDR—Subsequent Payment Defaults of Completed TDR Modifications
The following table presents the type, number and amount of loans accounted for as TDRs that experienced a
payment default during the period and had completed a modification event in the twelve months prior to the
payment default. A payment default occurs if the loan is either 90 days or more delinquent or the loan has been
charged-off as of the end of the period presented.
December 31, 2012 December 31, 2011
(Dollars in millions)
Number of
Contracts
Total
Loans
Number of
Contracts
Total
Loans
Credit card:
Domestic credit card .............................. 43,103 $ 85 34,489 $ 93
International credit card(1) .......................... 48,663 164 47,989 185
Total credit card ................................. 91,766 249 82,478 278
Consumer banking:
Auto ........................................... 4,364 39 1,499 15
Home loan ...................................... 99 7 101 12
Retail banking ................................... 107 11 237 11
Total consumer banking ........................... 4,570 57 1,837 38
Commercial banking:
Commercial and multifamily real estate ............... 8 10 17 41
Commercial and industrial ......................... 23 18 13 9
Total commercial lending .......................... 31 28 30 50
Small-ticket commercial real estate .................. 32 10
Total commercial banking .......................... 34 30 31 50
Total .......................................... 96,370 $336 84,346 $366
(1) The regulatory regime in the United Kingdom (“U.K.”) requires U.K. credit card businesses to accept payment plan proposals even when
the proposed payments are less than the contractual minimum amount. As a result, loans entering long-term TDR payment programs in
the U.K. typically continue to age and ultimately charge-off even when fully in compliance with the TDR program terms.
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