Capital One 2013 Annual Report Download - page 203

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:
Table 4.10: Troubled Debt Restructurings
Total
Loans
Modified(1)
Year Ended December 31, 2013
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 ..... $ 311 100% 11.62% 0% 0 0% $ 0
International credit card . . 187 100 24.95 0 0 0 0
Total credit card ........ 498 100 16.64 0 0 0 0
Consumer Banking:
Auto .................. 274 31 1.37 55 9 45 109
Home loan ............. 98 22 2.89 20 127 21 4
Retail banking .......... 30 6 3.68 58 7 0 0
Total consumer banking . . 402 27 1.72 46 21 36 113
Commercial Banking:
Commercial and
multifamily real
estate ............... 53 23 1.74 77 16 0 0
Commercial and
industrial ............ 47 0 0.00 79 6 0 0
Total commercial
lending .............. 100 12 1.74 78 11 0 0
Small-ticket commercial
real estate ............ 8 0 0.00 0 0 0 0
Total commercial
banking ............. 108 11 1.74 72 11 0 0
Total ................. $1,008 61% 13.73% 26% 18 14% $113
183