eTrade 2003 Annual Report Download - page 15

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Table of Contents
Index to Financial Statements
The following table shows the distribution of those loans that mature in more than one year between fixed and adjustable interest rate
loans at December 31, 2003 (in thousands):
Maturity of Loan Portfolio. The following table shows the contractual maturities of our loan portfolio at December 31, 2003, including
scheduled principal repayments. This table does not, however, include any estimate of prepayments. These prepayments could significantly
shorten the average loan lives and cause the actual timing of the loan repayments to differ from those shown in the following table (in
thousands):
Interest Rate Type
Total
Fixed
Adjustable
Real estate loans:
One
-
to four
-
family
$
1,345,337
$
1,910,148
$
3,255,485
Home equity lines of credit and second mortgage
116,027
1,395,728
1,511,755
Multi
-
family
—
97
97
Commercial
1,003
712
1,715
Mixed
-
use and land
70
—
70
Total real estate loans
1,462,437
3,306,685
4,769,122
Consumer and other loans:
Recreational vehicle
2,285,045
—
2,285,045
Automobile
1,138,858
—
1,138,858
Marine
627,847
—
627,847
Credit card
—
—
—
Lease financing
2,651
—
2,651
Other
13,225
—
13,225
Total consumer and other loans
4,067,626
—
4,067,626
Total loans
$
5,530,063
$
3,306,685
$
8,836,748
Due in
< 1 Year
1-5 Years
> 5 Years
Total
Real estate loans:
One
-
to four
-
family:
Fixed
-
rate
$
32
$
3,640
$
1,341,697
$
1,345,369
Adjustable
-
rate
13
369
1,909,779
1,910,161
Home equity lines of credit and second mortgage
12
4,450
1,507,305
1,511,767
Multi
-
family
—
—
97
97
Commercial
10,564
1,469
246
12,279
Mixed
-
use and land
2
—
70
72
Total real estate loans
10,623
9,928
4,759,194
4,779,745
Consumer and other loans:
Recreational vehicle
406
26,878
2,258,167
2,285,451
Automobile
23,481
1,066,255
72,603
1,162,339
Marine
128
6,919
620,928
627,975
Credit card
113,434
—
—
113,434
Lease financing
—
2,651
—
2,651
Other
342
11,380
1,845
13,567
Total consumer and other loans
137,791
1,114,083
2,953,543
4,205,417
Total loans
$
148,414
$
1,124,011
$
7,712,737
$
8,985,162