Loans Held for Investment | Net Charge-Offs | 30+ Day Performing Delinquencies(5) | Nonperforming Loans | ||||||||||||||||||||||||||
(Dollars in millions, except as noted) | Average | Period-End | Amount | Rate(1) | Amount | Rate(2) | Amount | Rate(3) | |||||||||||||||||||||
Credit Card:(4) | |||||||||||||||||||||||||||||
Domestic | $ | 110,889 | $ | 109,549 | $ | 468 | 5.06 | % | $ | 4,046 | 3.69 | % | N/A | N/A | |||||||||||||||
Consumer Banking: | |||||||||||||||||||||||||||||
Auto | 61,347 | 61,364 | 70 | 1.38 | 3,246 | 5.29 | $ | 381 | 0.62 | % | |||||||||||||||||||
(1) | Net charge-off rate is calculated by dividing annualized net charge-offs for the period by average loans held for investment during the period for the specified loan category. Net charge-offs and the net charge-off rate are impacted periodically by fluctuations in recoveries, including impacts of debt sales. |
(2) | 30+ day performing delinquency rate is calculated by dividing 30+ day performing delinquent loans as of the end of the period by period-end loans held for investment for the specified loan category. |
(3) | Nonperforming loan rate is calculated by dividing nonperforming loans as of the end of the period by period-end loans held for investment for the specified loan category. |
(4) | Period-end loans held for investment and average loans held for investment include billed finance charges and fees. We recognize finance charges and fee income on open-ended loans in accordance with the contractual provisions of the credit arrangements and estimate the uncollectible amount on a quarterly basis. Finance charges and fees that are charged off are reflected as a reduction in revenue. |
(5) | Include the impact of COVID-19 customer assistance programs. |