BB&T 2015 Annual Report Download - page 57

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    
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Nonaccrual loans and leases:
Commercial and industrial $ 237 $ 239 $ 363 $ 545 $ 582
CRE - income producing properties 38 74 113 171 275
CRE - construction and development 13 26 51 170 495
Direct retail lending (1) 43 48 109 132 142
Sales finance 7 5 5 7 7
Residential mortgage (1)(2)(3)(4) 173 166 243 269 308
Other lending subsidiaries (2)(5) 65 58 51 86 63
Total nonaccrual loans and leases (3)(4)(5) 576 616 935 1,380 1,872
Foreclosed real estate 82 87 71 107 536
Foreclosed real estate-acquired from FDIC 26 56 121 254 378
Other foreclosed property 28 23 47 49 42
Total NPAs (3)(4)(5) $ 712 $ 782 $ 1,174 $ 1,790 $ 2,828
Loans 90 days or more past due and still accruing:
Commercial and industrial $ ― $ ― $ ― $ 1 $ 2
Dealer floor plan ― ― ― ― 3
Direct retail lending (1) 7 12 33 38 56
Sales finance 5 5 5 10 15
Revolving credit 10 9 10 16 17
Residential mortgage (1) 55 83 69 91 103
Residential mortgage-government guaranteed (6) 121 238 296 252 204
Other lending subsidiaries ― ― 5 10 5
PCI 114 188 304 442 736
Total loans 90 days or more past due and still accruing (6) $ 312 $ 535 $ 722 $ 860 $ 1,141
Loans 30-89 days past due and still accruing:
Commercial and industrial $ 36 $ 23 $ 35 $ 42 $ 85
CRE - income producing properties 13 4 8 11 18
CRE - construction and development 9 1 2 3 18
Dealer floor plan ― ― ― ― 2
Direct retail lending (1) 58 41 132 145 162
Sales finance 72 62 56 56 73
Revolving credit 22 23 23 23 22
Residential mortgage (1)(2) 397 392 454 477 450
Residential mortgage-government guaranteed (7) 75 80 88 84 74
Other lending subsidiaries (2)(5) 304 237 221 290 273
PCI 42 33 88 135 222
Total loans 30 - 89 days past due and still accruing (5)(7) $ 1,028 $ 896 $ 1,107 $ 1,266 $ 1,399
(1) During the first quarter of 2014, approximately $55 million of nonaccrual loans, $22 million of loans 90 days or more past due and $83 million of loans
30-89 days past due were transferred from direct retail lending to residential mortgage.
(2) During the fourth quarter of 2013, approximately $16 million of nonaccrual loans and $40 million of loans 30-89 days past due were transferred from
other lending subsidiaries to residential mortgage.
(3) During the fourth quarter of 2014, approximately $121 million of nonaccrual residential mortgage loans were sold.
(4) During the fourth quarter of 2015, approximately $50 million of nonaccrual residential mortgage loans were sold.
(5) During the fourth quarter of 2013, approximately $9 million of nonaccrual loans and $26 million of loans 30-89 days past due were sold in connection
with the sale of a consumer lending subsidiary.
(6) Excludes government guaranteed GNMA mortgage loans that BB&T does not have the obligation to repurchase that are 90 days or more past due
totaling $365 million, $410 million, $511 million, $517 million and $426 million at December 31, 2015, 2014, 2013, 2012 and 2011, respectively.
(7) Excludes government guaranteed GNMA mortgage loans that BB&T does not have the obligation to repurchase that are past due 30-89 days totaling $2
million, $2 million, $4 million, $5 million and $7 million at December 31, 2015, 2014, 2013, 2012 and 2011, respectively.
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Source: BB&T CORP, 10-K, February 25, 2016 Powered by Morningstar® Document Research℠
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