TCF Bank 2012 Annual Report Download - page 88

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Note 7. Allowance for Loan and Lease Losses and Credit Quality Information
The following tables provide the allowance for loan and lease losses and other information regarding the allowance for
loan and leases losses and balances by type of allowance methodology. TCF’s key credit quality indicator is the receivable’s
performance status, defined as accruing or non-accruing.
At December 31, 2012
(In thousands)
Consumer
Real Estate Commercial
Leasing and
Equipment
Finance
Inventory
Finance
Auto
Finance Other Total
Allowance for loan and lease losses:
Balance, at beginning of year $ 183,435 $ 46,954 $ 21,173 $ 2,996 $ – $ 1,114 $ 255,672
Charge-offs (184,785) (40,836) (15,248) (1,838) (1,164) (10,239) (254,110)
Recoveries 5,649 1,959 5,058 333 30 7,314 20,343
Net charge-offs (179,136) (38,877) (10,190) (1,505) (1,134) (2,925) (233,767)
Provision for credit losses 178,496 43,498 10,054 6,060 6,726 2,609 247,443
Other (782) – – 18 (1,456) – (2,220)
Balance, at end of year $ 182,013 $ 51,575 $ 21,037 $ 7,569 $ 4,136 $ 798 $ 267,128
Allowance for loan and lease losses:
Collectively evaluated for impairment $ 181,139 $ 37,210 $ 20,337 $ 7,339 $ 4,136 $ 798 $ 250,959
Individually evaluated for impairment 874 14,365 700 230 – – 16,169
Total $ 182,013 $ 51,575 $ 21,037 $ 7,569 $ 4,136 $ 798 $ 267,128
Loans and leases outstanding:
Collectively evaluated for impairment $6,669,424 $3,133,011 $3,187,393 $1,565,727 $551,456 $27,924 $15,134,935
Individually evaluated for impairment 5,077 272,224 7,754 1,487 101 – 286,643
Loans acquired with deteriorated
credit quality – – 2,870 – 1,276 – 4,146
Total $6,674,501 $3,405,235 $3,198,017 $1,567,214 $552,833 $27,924 $15,425,724
At December 31, 2011
(In thousands)
Consumer
Real Estate Commercial
Leasing and
Equipment
Finance
Inventory
Finance
Auto
Finance Other Total
Allowance for loan and lease losses:
Balance, at beginning of year $ 172,850 $ 62,478 $ 26,301 $ 2,537 $ – $ 1,653 $ 265,819
Charge-offs (156,854) (42,733) (16,984) (1,044) – (12,680) (230,295)
Recoveries 3,743 1,654 4,461 193 – 9,262 19,313
Net charge-offs (153,111) (41,079) (12,523) (851) – (3,418) (210,982)
Provision for credit losses 163,696 25,555 7,395 1,318 – 2,879 200,843
Other – – – (8) – – (8)
Balance, at end of year $ 183,435 $ 46,954 $ 21,173 $ 2,996 $ – $ 1,114 $ 255,672
Allowance for loan and lease losses:
Collectively evaluated for impairment $ 182,315 $ 24,842 $ 17,339 $ 2,583 $ – $ 1,114 $ 228,193
Individually evaluated for impairment 1,120 22,112 3,834 413 – – 27,479
Total $ 183,435 $ 46,954 $ 21,173 $ 2,996 $ – $ 1,114 $ 255,672
Loans and leases outstanding:
Collectively evaluated for impairment $ 6,887,627 $ 2,811,046 $ 3,112,864 $ 616,496 $ – $34,885 $ 13,462,918
Individually evaluated for impairment 7,664 638,446 22,200 8,204 – – 676,514
Loans acquired with deteriorated
credit quality – – 7,195 – 3,628 – 10,823
Total $ 6,895,291 $ 3,449,492 $ 3,142,259 $ 624,700 $ 3,628 $34,885 $ 14,150,255
{ 72 } { TCF Financial Corporation and Subsidiaries }