Morgan Stanley 2014 Annual Report Download - page 146

approximately 0.1% and 0.4%, respectively, were on non-accrual status because the loans were past due for a period
of 90 days or more or payment of principal or interest was in doubt.
The following tables present the Company’s Institutional Securities business segment’s other lending activities
by remaining contract maturity:
At December 31, 2014
Years to Maturity
Less than 1 1-3 3-5 Over 5 Total
(dollars in millions)
Corporate loans ..................................... $4,231 $4,826 $1,884 $2,229 $13,170
Residential real estate loans ............................ — 43 — 1,655 1,698
Wholesale real estate loans ............................ 100 5,060 2,112 2,336 9,608
Total .............................................. $4,331 $9,929 $3,996 $6,220 $24,476
At December 31, 2013
Years to Maturity
Less than 1 1-3 3-5 Over 5 Total
(dollars in millions)
Corporate loans ..................................... $3,957 $1,236 $2,455 $1,222 $ 8,870
Residential real estate loans ............................ 8 16 91 1,332 1,447
Wholesale real estate loans ............................ 174 909 885 1,320 3,288
Total .............................................. $4,139 $2,161 $3,431 $3,874 $13,605
In addition, Institutional Securities other lending activities include margin lending, which allows the client to
borrow against the value of qualifying securities. At December 31, 2014 and December 31, 2013, Institutional
Securities margin lending of $15.3 billion and $15.2 billion, respectively, were classified within Customer and
other receivables in the Company’s consolidated statements of financial condition.
Wealth Management Lending Activities. The principal Wealth Management lending activities include
securities-based lending and residential real estate loans. The following tables present the Company’s Wealth
Management business segment lending activities by remaining contract maturity:
At December 31, 2014
Years to Maturity
Less than 1 1-3 3-5 Over 5 Total
(dollars in millions)
Securities-based lending and other loans .................. $19,408 $1,071 $750 $ 768 $21,997
Residential real estate loans ............................ — — — 15,825 15,825
Total .............................................. $19,408 $1,071 $750 $16,593 $37,822
At December 31, 2013
Years to Maturity
Less than 1 1-3 3-5 Over 5 Total
(dollars in millions)
Securities-based lending and other loans .................... $13,241 $509 $539 $ 594 $14,883
Residential real estate loans .............................. — — — 10,101 10,101
Total ................................................ $13,241 $509 $539 $10,695 $24,984
Securities-based lending provided to the Company’s retail clients is primarily conducted through the Company’s
PLA platform which had an outstanding funded loan balance of $19.1 billion within the $22.0 billion at
December 31, 2014 and $13.2 billion within the $14.9 billion at December 31, 2013. These loans allow the client
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