Capital One 2014 Annual Report Download - page 202

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180
Year Ended December 31, 2013
Reduced Interest Rate Term Extension Balance Reduction
Average
Total % of Average % of Term % of Gross
Loans TDR Rate TDR Extension TDR Balance
(Dollars in millions) Modified(1) Activity(2)(3) Reduction(4) Activity(3)(5) (Months)(6) Activity(3)(7) Reduction(8)
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
(1) Represents total loans modified and accounted for as TDRs during the period. Paydowns, net charge-offs and any other changes in the loan
carrying value subsequent to the loan entering TDR status are not reflected.
(2) Represents percentage of loans modified and accounted for as TDRs during the period that were granted a reduced interest rate.
(3) Due to multiple concessions granted to some troubled borrowers, percentages may total more than 100% for certain loan types.
(4) Represents weighted average interest rate reduction for those loans that received an interest rate concession.
(5) Represents percentage of loans modified and accounted for as TDRs during the period that were granted a maturity date extension.
(6) Represents weighted average change in maturity date for those loans that received a maturity date extension.
(7) Represents percentage of loans modified and accounted for as TDRs during the period that were granted forgiveness or forbearance of a
portion of their balance.
(8) Total amount represents the gross balance forgiven. For loans modified in bankruptcy, the gross balance reduction represents collateral
value write downs associated with the discharge of the borrower’s obligations.
CAPITAL ONE FINANCIAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Capital One Financial Corporation (COF)