KeyBank 2015 Annual Report Download - page 109

(a) See Figure 16 and the accompanying discussion in the “Loans and loans held for sale” section for more information related to our
commercial, financial and agricultural loan portfolio.
(b) See Figure 17 and the accompanying discussion in the “Loans and loans held for sale” section for more information related to our
commercial real estate loan portfolio.
(c) Included in “accrued expense and other liabilities” on the balance sheet.
Nonperforming assets
Figure 41 shows the composition of our nonperforming assets. These assets totaled $403 million at December 31,
2015, and represented .67% of portfolio loans, OREO and other nonperforming assets, compared to $436 million,
or .76%, at December 31, 2014. See Note 1 under the headings “Nonperforming Loans,” “Impaired Loans,” and
“Allowance for Loan and Lease Losses” for a summary of our nonaccrual and charge-off policies.
Figure 41. Summary of Nonperforming Assets and Past Due Loans from Continuing Operations
December 31,
dollars in millions 2015 2014 2013 2012 2011
Commercial, financial and agricultural (a) $82$ 59 $ 77 $ 99 $ 188
Real estate — commercial mortgage 19 34 37 120 218
Real estate — construction 913 14 56 54
Total commercial real estate loans (b) 28 47 51 176 272
Commercial lease financing 13 18 19 16 27
Total commercial loans 123 124 147 291 487
Real estate — residential mortgage 64 79 107 103 87
Home equity:
Key Community Bank 182 185 205 210 108
Other 810 15 21 12
Total home equity loans 190 195 220 231 120
Consumer other — Key Community Bank 22321
Credit cards 22 4 11 —
Consumer other:
Marine 615 26 34 31
Other —1121
Total consumer other 616 27 36 32
Total consumer loans 264 294 361 383 240
Total nonperforming loans (c) 387 418 508 674 727
Nonperforming loans held for sale —— 1 25 46
OREO 14 18 15 22 65
Other nonperforming assets 2— 7 14 21
Total nonperforming assets $ 403 $ 436 $ 531 $ 735 $ 859
Accruing loans past due 90 days or more $72$ 96 $ 71 $ 78 $ 164
Accruing loans past due 30 through 89 days 208 235 318 424 441
Restructured loans — accruing and nonaccruing (d) 280 270 338 320 276
Restructured loans included in nonperforming loans (d) 159 157 214 249 191
Nonperforming assets from discontinued operations — education lending business 711 25 20 23
Nonperforming loans to year-end portfolio loans .65 % .73 % .93 % 1.28 % 1.47 %
Nonperforming assets to year-end portfolio loans plus OREO and other nonperforming assets .67 .76 .97 1.39 1.73
(a) See Figure 16 and the accompanying discussion in the “Loans and loans held for sale” section for more information related to our
commercial, financial and agricultural loan portfolio.
(b) See Figure 17 and the accompanying discussion in the “Loans and loans held for sale” section for more information related to our
commercial real estate loan portfolio.
(c) Loan balances exclude $11 million, $13 million, $16 million, and $23 million of PCI loans at December 31, 2015, December 31,
2014, December 31, 2013, and December 31, 2012, respectively.
(d) Restructured loans (i.e., TDRs) are those for which Key, for reasons related to a borrower’s financial difficulties, grants a concession to
the borrower that it would not otherwise consider. These concessions are made to improve the collectability of the loan and generally
take the form of a reduction of the interest rate, extension of the maturity date or reduction in the principal balance.
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