Navy Federal Credit Union 2013 Annual Report Download - page 37
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Navy Federal Credit Union • 2013 Financial Section
17
2013 ANNUAL REPORT
The following tables present credit quality indicators by loan product type: consumer loans, credit card
loans, mortgage loans, and equity loans.
Navy Federal uses collateral type and FICO score as the primary credit quality indicators for its consumer
loans, which consisted of the following as of December 31, 2013 and 2012:
(dollars in thousands)
Total
Auto $ 1,805,927 $ 6,580,749 $ 8,386,676
Unsecured 537,663 1,685,680 2,223,343
Other Collateral 216,076 531,747 747,823
Total $ $ $
(1) Excludes fair value adjustments associated with the ACI portfolio (see Note 6) of $0.3 million, deferred expense of $13.0 million, business,
net of $23.1 million, CLOC of $312.6 million, and federal education of $356.5 million.
(dollars in thousands)
Total
Auto $ 1,411,322 $ 5,455,114 $ 6,866,436
Unsecured 409,987 1,476,162 1,886,149
Other Collateral 188,675 502,893 691,568
Total $ $ $
(1) Excludes fair value adjustments associated with the ACI portfolio (see Note 6) of $(1.3) million, deferred expense of $13.9 million, business,
net of $14.8 million, CLOC of $273.9 million, lease, net of $0.3 million, and federal education of $399.3 million.
Navy Federal uses delinquency status and FICO score as the primary credit quality indicators for its
credit card loans, which consisted of the following as of December 31, 2013 and 2012:
(dollars in thousands)
Total
<=60 days $ 1,338,561 $ 6,701,134 $ 8,039,695
>60 days 84,356 6,039 90,395
Total $ $ $
(1) Excludes fair value adjustments associated with the ACI portfolio (see Note 6) of $(2.6) million.
(dollars in thousands)
Total
<=60 days $ 1,035,974 $ 5,701,130 $ 6,737,104
>60 days 62,682 4,552 67,234
Total $ $ $
(1) Excludes fair value adjustments associated with the ACI portfolio (see Note 6) of $(3.1) million.