JP Morgan Chase 2014 Annual Report Download - page 124

Download and view the complete annual report

Please find page 124 of the 2014 JP Morgan Chase 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.

Page out of 320

  • 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
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284
  • 285
  • 286
  • 287
  • 288
  • 289
  • 290
  • 291
  • 292
  • 293
  • 294
  • 295
  • 296
  • 297
  • 298
  • 299
  • 300
  • 301
  • 302
  • 303
  • 304
  • 305
  • 306
  • 307
  • 308
  • 309
  • 310
  • 311
  • 312
  • 313
  • 314
  • 315
  • 316
  • 317
  • 318
  • 319
  • 320

Management’s discussion and analysis
122 JPMorgan Chase & Co./2014 Annual Report
Below are summaries of the top 25 industry exposures as of December 31, 2014 and 2013. For additional information on industry
concentrations, see Note 5.
Selected metrics
30 days or
more past
due and
accruing
loans
Net charge-
offs/
(recoveries)
Credit
derivative
hedges(e)
Liquid
securities
and other
cash
collateral
held against
derivative
receivables
Noninvestment-grade
Credit
exposure(d) Investment-
grade Noncriticized Criticized
performing Criticized
nonperforming
As of or for the year ended December
31, 2014
(in millions)
Top 25 industries(a)
Real Estate $ 107,386 $ 80,219 $ 25,558 $ 1,356 $ 253 $ 309 $ (9) $ (36) $ (27)
Banks & Finance Cos 68,203 58,360 9,266 508 69 46 (4) (1,232) (9,369)
Healthcare 57,707 49,361 7,816 488 42 193 17 (94) (244)
Oil & Gas 48,315 33,547 14,685 82 1 15 2 (144) (161)
Consumer Products 37,818 26,070 11,081 650 17 21 — (20) (2)
Asset Managers 36,374 31,880 4,436 57 1 38 (12) (9) (4,545)
State & Municipal Govt(b) 31,858 30,919 837 102 — 69 24 (148) (130)
Retail & Consumer Services 28,258 18,233 9,023 971 31 56 4 (47) (1)
Utilities 28,060 24,058 3,747 255 — 198 (3) (155) (193)
Central Govt 21,081 20,868 155 58 — — — (11,297) (1,071)
Technology 20,977 13,759 6,557 641 20 24 (3) (225) —
Machinery & Equipment Mfg 20,573 12,094 8,229 250 — 5 (2) (157) (19)
Transportation 16,365 11,444 4,835 86 — 5 (3) (34) (107)
Business Services 16,201 8,450 7,512 224 15 10 5 (9) —
Metals/Mining 15,911 8,845 6,562 504 — — 18 (377) (19)
Media 14,534 9,131 5,107 266 30 1 (1) (69) (6)
Building Materials/Construction 13,672 6,721 6,271 674 6 12 2 (104) —
Insurance 13,637 10,790 2,605 80 162 — — (52) (2,372)
Automotive 13,586 8,647 4,778 161 — 1 (1) (140) —
Chemicals/Plastics 13,545 9,800 3,716 29 — 1 (2) (14) —
Telecom Services 13,136 8,277 4,303 546 10 — (2) (813) (6)
Securities Firms & Exchanges 8,936 6,198 2,726 10 2 20 4 (102) (216)
Agriculture/Paper Mfg 7,242 4,890 2,224 122 6 36 (1) (4) (4)
Aerospace/Defense 6,070 5,088 958 24 — — — (71) —
Leisure 5,562 2,937 2,023 478 124 6 — (5) (23)
All other(c) 210,526 190,135 19,581 622 188 1,235 (21) (11,345) (1,089)
Subtotal $ 875,533 $ 690,721 $ 174,591 $ 9,244 $ 977 $ 2,301 $ 12 $ (26,703) $ (19,604)
Loans held-for-sale and loans at fair
value 6,412
Receivables from customers and other 28,972
Total $ 910,917