JP Morgan Chase 2009 Annual Report Download - page 120

Management’s discussion and analysis
JPMorgan Chase & Co./2009 Annual Report
118
Concentrations of credit risk – consumer loans other than purchased credit-impaired loans
Following is tabular information and, where appropriate, supplemental discussions about certain concentrations of credit risk for the Firm’s
consumer loans, other than purchased credit-impaired loans, including:
• Geographic distribution of loans, including certain residential real estate loans with high loan-to-value ratios; and
• Loans that are 30+ days past due.
The following tables present the geographic distribution of managed consumer credit outstandings by product as of December 31, 2009 and
2008, excluding purchased credit-impaired loans.
Consumer loans by geographic region – excluding purchased credit-impaired loans
December 31,
2009
(in billions)
Home
equity –
senior lien
Home
equity –
junior lien
Prime
mortgage
Subprime
mortgage
Option
ARMs
Total
home loan
portfolio Auto
Card
reported
All other
loans
Total
consumer
loans–
reported
Card
securitized
Total
consumer
loans–
managed
California $ 3.6 $ 16.9 $ 19.1 $ 1.7 $ 3.8 $ 45.1 $ 4.4 $ 11.0 $ 1.8 $ 62.3 $ 11.4 $ 73.7
New York 3.4 12.4 9.2 1.5 0.9 27.4 3.8 6.0 4.2 41.4 6.7 48.1
Texas 4.2 2.7 2.5 0.4 0.2 10.0 4.3 5.6 3.8 23.7 6.5 30.2
Florida 1.2 4.1 6.0 1.9 0.7 13.9 1.8 5.2 0.9 21.8 4.8 26.6
Illinois 1.8 4.8 3.4 0.6 0.4 11.0 2.4 3.9 2.4 19.7 4.9 24.6
Ohio 2.3 1.9 0.8 0.3 — 5.3 3.2 3.1 2.9 14.5 3.4 17.9
New Jersey 0.8 3.8 2.3 0.6 0.3 7.8 1.8 3.0 0.9 13.5 3.6 17.1
Michigan 1.3 1.9 1.4 0.3 — 4.9 2.1 2.4 2.5 11.9 2.9 14.8
Arizona 1.6 3.6 1.6 0.3 0.1 7.2 1.5 1.7 1.6 12.0 2.1 14.1
Pennsylvania 0.2 1.2 0.7 0.4 0.1 2.6 2.0 2.8 0.8 8.2 3.2 11.4
Washington 0.9 2.4 1.9 0.3 0.4 5.9 0.6 1.5 0.4 8.4 1.5 9.9
Colorado 0.4 1.7 1.8 0.2 0.2 4.3 1.0 1.6 0.8 7.7 2.1 9.8
All other 5.7 16.6 16.6 4.0 1.4 44.3 17.1 31.0 10.6 103.0 31.5 134.5
Total $ 27.4 $ 74.0 $ 67.3 $ 12.5 $ 8.5 $ 189.7 $ 46.0 $ 78.8 $ 33.6 $ 348.1 $ 84.6 $ 432.7
December 31, 2008
(in billions)
Home
equity –
senior lien
Home
equity –
junior lien
Prime
mortgage
Subprime
mortgage
Option
ARMs
Total
home
loan
portfolio Auto
Card
reported
All other
loans
Total
consumer
loans –
reported
Card
securitized
Total
consumer
loans –
managed
California $ 3.9 $ 19.3 $ 22.8 $ 2.2 $ 3.8 $ 52.0 $ 4.7 $ 14.8 $ 2.0 $ 73.5 $ 12.5 $ 86.0
New York 3.3 13.0 10.4 1.7 0.9 29.3 3.7 8.3 4.7 46.0 6.6 52.6
Texas 5.0 3.1 2.7 0.4 0.2 11.4 3.8 7.4 4.1 26.7 6.1 32.8
Florida 1.3 5.0 6.0 2.3 0.9 15.5 1.5 6.8 0.9 24.7 5.2 29.9
Illinois 1.9 5.3 3.3 0.7 0.3 11.5 2.2 5.3 2.5 21.5 4.6 26.1
Ohio 2.6 2.0 0.7 0.4 — 5.7 3.3 4.1 3.3 16.4 3.4 19.8
New Jersey 0.8 4.2 2.5 0.8 0.3 8.6 1.6 4.2 0.9 15.3 3.6 18.9
Michigan 1.4 2.2 1.3 0.4 — 5.3 1.5 3.4 2.8 13.0 2.8 15.8
Arizona 1.7 4.2 1.6 0.4 0.2 8.1 1.6 2.3 1.9 13.9 1.8 15.7
Pennsylvania 0.2 1.4 0.7 0.5 0.1 2.9 1.7 3.9 0.7 9.2 3.2 12.4
Washington 1.0 2.8 2.3 0.3 0.5 6.9 0.6 2.0 0.4 9.9 1.6 11.5
Colorado 0.5 1.9 1.9 0.3 0.3 4.9 0.9 2.1 0.9 8.8 2.1 10.9
All other 6.2 20.1 16.3 4.9 1.5 49.0 15.5 40.1 10.5 115.1 32.1 147.2
Total $ 29.8 $ 84.5 $ 72.5 $ 15.3 $ 9.0 $ 211.1 $ 42.6 $ 104.7 $ 35.6 $ 394.0 $ 85.6 $ 479.6