JP Morgan Chase 2014 Annual Report Download - page 101
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JPMorgan Chase & Co./2014 Annual Report 99
Selected metrics (continued)
As of or for the year ended
December 31, (in millions,
except ratios) 2014 2013 2012
Credit data and quality
statistics
Net charge-offs/(recoveries) $ (7) $ 43 $ 35
Nonperforming assets
Nonaccrual loans:
Nonaccrual loans retained(a) 317 471 644
Nonaccrual loans held-for-sale
and loans at fair value 14 43 29
Total nonaccrual loans 331 514 673
Assets acquired in loan
satisfactions 10 15 14
Total nonperforming assets 341 529 687
Allowance for credit losses:
Allowance for loan losses 2,466 2,669 2,610
Allowance for lending-related
commitments 165 142 183
Total allowance for credit
losses 2,631 2,811 2,793
Net charge-off/(recovery) rate(b) —% 0.03% 0.03%
Allowance for loan losses to
period-end loans retained 1.67 1.97 2.06
Allowance for loan losses to
nonaccrual loans retained(a) 778 567 405
Nonaccrual loans to total period-
end loans 0.22 0.37 0.52
(a) An allowance for loan losses of $45 million, $81 million and $107
million was held against nonaccrual loans retained at December 31,
2014, 2013 and 2012, respectively.
(b) Loans held-for-sale and loans at fair value were excluded when
calculating the net charge-off/(recovery) rate.