Bank of America 2008 Annual Report Download - page 105
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Table V Accruing Loans and Leases Past Due 90 Days or More (1)
December 31
(Dollars in millions) 2008 2007 2006 2005 2004
Consumer
Residential mortgage
(2)
$ 372
$ 237 $ 118 $ – $ –
Credit card – domestic
2,197
1,855 1,991 1,197 1,075
Credit card – foreign
368
272 184 – –
Direct/Indirect consumer
1,370
745 378 75 58
Other consumer
4
4 7 15 23
Total consumer
4,311
3,113 2,678 1,287 1,156
Commercial
Commercial – domestic
(3)
381
119 66 79 82
Commercial real estate
52
36 78 4 1
Commercial lease financing
23
25 26 15 14
Commercial – foreign
7
16 9 32 2
463
196 179 130 99
Small business commercial – domestic
640
427 199 38 39
Total commercial
1,103
623 378 168 138
Total accruing loans and leases past due 90 days or more (4)
$5,414
$3,736 $3,056 $1,455 $1,294
(1) Accruing loans past due 90 days or more do not include acquired loans accounted for in accordance with SOP 03-3 that were considered impaired and written down to fair value upon acquisition and accrete interest
income over the remaining life of the loan.
(2) Balances are related to repurchases pursuant to our servicing agreements with GNMA mortgage pools where repayments are insured by the Federal Housing Administration or guaranteed by the Department of Veteran
Affairs.
(3) Excludes small business commercial – domestic loans.
(4) Balances do not include loans measured at fair value in accordance with SFAS 159. At December 31, 2008 and 2007, there were no accruing loans or leases past due 90 days or more measured under fair value in
accordance with SFAS 159.
Bank of America 2008
103