eTrade 2005 Annual Report Download - page 68
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The allowance as a percentage of total nonperforming loans, net decreased in 2005 compared to 2004. The lower ratio results from a
change in the mix of assets. As our loan portfolio shifts to mortgage loans with loan to value ratios that remain consistent or increase
over the life of the loan, the level of the allowance to nonperforming assets may decrease. Real estate loan charge-offs to average
outstanding loans were 0.03% compared to 0.34% for non-real estate loan charge-offs. Real estate loans to total loans receivable, net
are 79% for 2005 compared to 64% for 2004.
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2006. EDGAR Online, Inc.