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Table 29 — NALs/NPAs — Franklin-Related Im
p
act
2009 2008
December
31,
(
In millions
)
N
onaccrua
ll
oan
s
Fr
a
n
klin
.................................................
$
314.
7
$
650.2
N
on-Fran
klin
.............................................
1,602
.
3
8
5
1.
9
T
otal
.....................................................
$
1
,
917.
0
$
1
,
502.1
T
ota
ll
oans an
dl
eases
Fr
a
n
klin
.................................................
$
443.
9
$
650.2
N
on-Fran
kli
n
.............................................
36,346
.
8
40,441
.
8
T
otal
.....................................................
$
36
,
790.
7
$
41
,
092.0
N
AL rat
i
o
T
ota
l
...................................................
5.21
%
3.
66%
Non-Fran
kli
n
.............................................
4
.
41
2
.
11
2009 2008
December 31
,
(
In millions
)
Nonper
f
orm
i
n
g
asset
s
Fran
klin
.................................................
$
338.
5
$
650.2
N
on-Fran
klin
.............................................
1,
7
19
.
6
9
8
6
.4
T
otal
.....................................................
$
2
,
058.
1
$
1
,
636.6
Tota
ll
oans an
dl
eases
......................................
$
36
,
790.
7
$
41
,
092.0
T
ota
l
ot
h
er rea
l
estate
,
net
...................................
140.1
122.
5
Im
p
aired loans held for sal
e
..................................
1.0
12.
0
T
ota
l
...................................................
36,931
.
8
41
,
226.
5
Fr
a
nkli
n
.................................................
338.
5
650.
2
Non-Frankli
n
...............................................
$36
,
593.
3
$40
,
576.3
N
PA rat
io
Total
...................................................
5.57
%
3.97
%
N
on-Frankli
n
.............................................
4.
7
2
2.4
3
Durin
g
2009, and because we believe that there will be no meanin
g
ful economic recover
y
for th
e
f
oreseea
bl
e
f
uture, we too
k
a more conservat
i
ve approac
hi
n
id
ent
ifyi
n
g
an
d
c
l
ass
ifyi
n
g
emer
gi
n
g
pro
bl
e
m
cre
di
ts. In man
y
cases, commerc
i
a
ll
oans were p
l
ace
d
on nonaccrua
l
status even t
h
ou
gh
t
h
e
l
oan was
l
ess t
h
a
n
3
0da
y
s past due for both principal and interest pa
y
ments. Of the
$
1,514.2 million of CRE and C&I-relate
d
NALs at December 31, 2009, $530.1 million, or 35%, represented loans that were less than 30 da
y
s past due.
We
b
e
li
eve t
h
e
d
ec
i
s
i
ons
i
ncrease our opt
i
ons
f
or wor
ki
n
g
t
h
ese
l
oans towar
d
t
i
me
li
er reso
l
ut
i
on. It
is
i
mportant to note t
h
at a
l
t
h
ou
gh
t
h
ere was an
i
ncrease
i
n NALs
f
rom Decem
b
er 31, 2008, to Decem
b
er 31
,
2009, there was a substantial decline in the 2009 fourth
q
uarter
.
75