RBS 2012 Annual Report Download - page 173

RBS GROUP 2012
171
UK Retail Ulster Bank RBS Citizens (1)
2011
Performing
£m
Non-performing
£m
Total
£m
Performing
£m
Non-performing
£m
Total
£m
Performing
£m
Non-performing
£m
Total
£m
<= 50% 21,537 285 21,822 2,568 222 2,790 4,745 49 4,794
> 50% and <= 70% 25,598 390 25,988 1,877 157 2,034 4,713 78 4,791
> 70% and <= 90% 33,738 671 34,409 2,280223 2,503 6,893 125 7,018
> 90% and <= 100% 7,365 343 7,708 1,377 128 1,505 2,352 66 2,418
> 100% and <= 110% 3,817 276 4,093 1,462130 1,592 1,517 53 1,570
> 110% and <= 130% 1,514 199 1,713 2,752322 3,074 1,536 53 1,589
> 130% and <= 150% 60 15 75 2,607 369 2,976 626 28 654
> 150% — — — 2,798 748 3,546 588 27 615
Total with LTVs 93,629 2,179 95,808 17,721 2,299 20,020 22,970 479 23,449
Other (2) 567 13 580 — — — 681 23 704
Total 94,196 2,192 96,388 17,721 2,299 20,020 23,651 502 24,153
Total portfolio average LTV (3) 67% 80% 67% 104% 125% 106% 76% 91% 77%
Average LTV on new originations during the year 63% 74% 63%
2010
<= 50% 19,568 246 19,814 3,385 186 3,571 5,193 45 5,238
> 50% and <= 70% 24,363 345 24,708 2,534 152 2,686 4,902 79 4,981
> 70% and <= 90% 31,711 588 32,299 3,113 179 3,292 7,029 137 7,166
> 90% and <= 100% 7,998 319 8,317 1,958 121 2,079 2,459 67 2,526
> 100% and <= 110% 4,083 260 4,343 2,049 137 2,186 1,534 53 1,587
> 110% and <= 130% 1,722 202 1,924 4,033 358 4,391 1,425 61 1,486
> 130% and <= 150% 57 16 73 2,174 297 2,471 599 28 627
> 150% — — — 355 131 486 589 36 625
Total with LTVs 89,502 1,976 91,478 19,601 1,561 21,162 23,730 506 24,236
Other (2) 1,090 24 1,114 — — — 762 30 792
Total 90,592 2,000 92,592 19,601 1,561 21,162 24,492 536 25,028
Total portfolio average LTV (3) 68% 81% 68% 91% 106% 92% 75% 94% 76%
Average LTV on new originations during the year 68% 79% 66%
Notes:
(1) Includes residential mortgages and home equity loans and lines (refer to page 188 for a breakdown of balances).
(2) Where no indexed LTV is held.
(3) Average LTV weighted by value is arrived at by calculating the LTV on each individual mortgage and applying a weighting based on the value of each mortgage.
(4) Excludes mortgage lending in Wealth. This portfolio totalled £8.8 billion (2011 - £8.3 billion; 2010 - £7.8 billion) and continues to perform in line with expectations with minimal provisions of
£248 million.