Fannie Mae 2012 Annual Report Download - page 266

FANNIE MAE
(In conservatorship)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
F-32
Individually Impaired Loans
Individually impaired loans include TDRs, acquired credit-impaired loans, and multifamily loans that we have assessed as
probable that we will not collect all contractual amounts due, regardless of whether we are currently accruing interest. The
following tables display the total recorded investment, unpaid principal balance, and related allowance as of December 31,
2012 and 2011 and interest income recognized and average recorded investment for the years ended December 31, 2012 and
2011 for individually impaired loans.
As of December 31,
2012 2011
Unpaid
Principal
Balance
Total
Recorded
Investment (1)
Related
Allowance
for Loan
Losses
Related
Allowance
for
Accrued
Interest
Receivable
Unpaid
Principal
Balance
Total
Recorded
Investment (1)
Related
Allowance
for Loan
Losses
Related
Allowance
for
Accrued
Interest
Receivable
(Dollars in millions)
Individually impaired loans:
With related allowance recorded:
Single-family:
Primary(2) . . . . . . . . . . . . . . . . . . . . . . . . . $ 132,754 $ 126,106 $ 28,610 $ 628 $116,825 $ 109,684 $ 29,598 $ 674
Government (3) . . . . . . . . . . . . . . . . . . . . . 214 208 38 4 258 258 67 8
Alt-A . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38,387 35,620 11,154 267 34,318 31,516 11,121 268
Other (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . 16,873 16,114 4,743 86 16,181 15,363 5,353 99
Total single-family . . . . . . . . . . . . . . . . 188,228 178,048 44,545 985 167,582 156,821 46,139 1,049
Multifamily . . . . . . . . . . . . . . . . . . . . . . . . . 2,449 2,471 489 13 2,832 2,855 718 32
Total individually impaired loans with
related allowance recorded . . . . . . . . . . . 190,677 180,519 45,034 998 170,414 159,676 46,857 1,081
With no related allowance recorded:(5)
Single-family:
Primary(2) . . . . . . . . . . . . . . . . . . . . . . . . . 16,222 13,901 — — 9,370 6,471 — —
Government(3). . . . . . . . . . . . . . . . . . . . . . 104 104 — — 25 17 — —
Alt-A . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,994 2,822 — — 3,056 1,538 — —
Other (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,218 977 — — 680 367 — —
Total single-family . . . . . . . . . . . . . . . . 21,538 17,804 — — 13,131 8,393 — —
Multifamily . . . . . . . . . . . . . . . . . . . . . . . . . 2,056 2,068 — — 1,759 1,771 — —
Total individually impaired loans with no
related allowance recorded . . . . . . . . . . . 23,594 19,872 — — 14,890 10,164 — —
Total individually impaired loans(6) . . . . . . . . $ 214,271 $ 200,391 $ 45,034 $ 998 $185,304 $ 169,840 $ 46,857 $ 1,081