Fifth Third Bank 2012 Annual Report Download - page 106
Download and view the complete annual report
Please find page 106 of the 2012 Fifth Third Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
 |
 |
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
104 Fifth Third Bancorp
The following table summarizes the Bancorp’s impaired loans and leases (by class) that were subject to individual review as of December 31, 2011:
Unpaid
A
s of December 31, 2011 Principal Recorded
($ in millions) Balance Investment Allowance
W
ith a related allowance recorded:
Commercial:
Commercial and industrial loans $330 246 102
Commercial mortgage owner-occupied loans 66 52 10
Commercial mortgage nonowner-occupied loans 203 147 24
Commercial construction loans 213 120 18
Commercial leases 11 10 2
Restructured residential mortgage loans 1,091 1,038 131
Restructured consumer:
Home equity 401 397 46
A
utomobile loans 37 37 5
Credit card 94 88 14
Other consumer loans and leases 2 2 -
Total impaired loans with a related allowance $2,448 2,137 352
W
ith no related allowance recorded:
Commercial:
Commercial and industrial loans $375 265 -
Commercial mortgage owner-occupied loans 78 69 -
Commercial mortgage nonowner-occupied loans 191 157 -
Commercial construction loans 143 105 -
Commercial leases 2 2 -
Restructured residential mortgage loans 276 228 -
Restructured consumer:
Home equity 48 46 -
A
utomobile loans 4 4 -
Total impaired loans with no related allowance 1,117 876 -
Total impaired loans $3,565 3,013 (a) 352
(a) Includes $390, $1,117 and $495, respectively, of commercial, residential mortgage and consumer TDRs on accrual status; $160, $141 and $79, respectively, of commercial, residential mortgage and
consumer TDRs on nonaccrual status.
The following table summarizes the Bancorp’s average impaired loans and leases and interest income by class for the year ended December 31:
2012 2011
Average Interest Average Interest
Recorded Income Recorded Income
($ in millions) Investment Recognized Investment Recognized
Commercial:
Commercial and industrial loans $448 4 532 5
Commercial mortgage owner-occupied loans 156 4 117 2
Commercial mortgage nonowner-occupied loans 361 10 288 5
Commercial construction loans 160 2 198 3
Commercial leases 10 - 16 -
Restructured residential mortgage loans 1,276 47 1,217 41
Restructured consumer:
Home equity 439 24 444 23
A
utomobile loans 38 1 41 1
Credit card 80 4 94 3
Other consumer loans and leases 1 - 21 -
Total impaired loans $2,969 96 2,968 83
During the year ended December 31, 2010, interest income of $74 million was recognized on impaired loans that had an average balance of $3.2
billion.