Capital One 2013 Annual Report Download - page 205

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.
Table 4.11: TDR—Subsequent Payment Defaults
Year Ended December 31, 2013 Year Ended December 31, 2012
(Dollars in millions)
Number of
Contracts Total Loans
Number of
Contracts Total Loans
Credit Card:
Domestic credit card ........................... 41,859 $ 72 43,103 $ 85
International credit card(1) ....................... 47,688 138 48,663 164
Total credit card .............................. 89,547 210 91,766 249
Consumer Banking:
Auto. ....................................... 9,525 68 4,364 39
Home loan ................................... 33 3 99 7
Retail banking ................................ 126 7 107 11
Total consumer banking ........................ 9,684 78 4,570 57
Commercial Banking:
Commercial and multifamily real estate ............ 14 23 8 10
Commercial and industrial ...................... 24 22 23 18
Total commercial lending ....................... 38 45 31 28
Small-ticket commercial real estate ............... 40 32
Total commercial banking ...................... 42 45 34 30
Total ....................................... 99,273 $333 96,370 $336
(1) The regulatory regime in the 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.
Acquired Loans Accounted for Based on Expected Cash Flows
Outstanding Balance and Carrying Value of Acquired Loans
The table below presents the outstanding contractual balance and the carrying value of loans from the CCB, ING
Direct and 2012 U.S. card acquisitions accounted for based on expected cash flows as of December 31, 2013 and
2012. The table displays separately loans considered credit-impaired at acquisition and loans not considered
credit-impaired at acquisition.
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