Home > First Union National Bank of Virginia > Loan Charge- Offs and Recoveries
First Union National Bank of Virginia, Loan Charge- Offs and Recoveries
| 1996-12-31 (YTD Data) | Rank | |
| Total charge-offs | $29,978,000 | 140 |
| Loans secured by real estate, total | $7,898,000 | 66 |
| To non-U.S. addressees | $0 | 10 |
| Real estate loans in domestic offices | $7,898,000 | 66 |
| Construction and land development | $619,000 | 70 |
| Secured by farmland | $770,000 | 4 |
| Total charge-offs secured by 1-4 family residential properties | $3,831,000 | 63 |
| Secured by multifamily residential properties | $321,000 | 125 |
| Secured by nonfarm nonresidential properties | $2,357,000 | 92 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 23 |
| To foreign banks | $0 | 12 |
| Loans to finance agricultural production and other loans to farmers | $55,000 | 117 |
| Commercial and industrial loans | $3,259,000 | 141 |
| Loans to individuals | $17,475,000 | 126 |
| Credit card loan charge offs | $144,000 | 610 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $17,331,000 | 45 |
| Loans to foreign governments and official institutions | $0 | 11 |
| Other loans | $1,176,000 | 39 |
| Lease financing receivables | $115,000 | 146 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $16,138,000 | 77 |
| Loans secured by real estate, total | $7,992,000 | 22 |
| To non-U.S. addressees | $0 | 8 |
| Real estate loans in domestic offices | $7,992,000 | 21 |
| Construction and land development | $664,000 | 36 |
| Secured by farmland | $734,000 | 2 |
| Secured by 1-4 family residential properties - total recoveries | $3,944,000 | 11 |
| Secured by multifamily residential properties | $292,000 | 50 |
| Secured by nonfarm nonresidential properties | $2,358,000 | 53 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 32 |
| To foreign banks | $0 | 18 |
| Loans to finance agricultural production and other loans to farmers | $54,000 | 76 |
| Commercial and industrial loans | $3,197,000 | 76 |
| Loans to individuals | $4,423,000 | 111 |
| Credit card loan recoveries | $1,245,000 | 109 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $3,178,000 | 81 |
| Loans to foreign governments and official institutions | $0 | 32 |
| Other loans | $467,000 | 44 |
| Lease financing receivables | $5,000 | 221 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $13,840,000 | 162 |
| Loans secured by real estate, total | $-94,000 | 11,197 |
| To non-U.S. addressees | $0 | 7 |
| Real estate loans in domestic offices | $-94,000 | 11,222 |
| Construction and land development | $-45,000 | 11,328 |
| Secured by farmland | $36,000 | 93 |
| Secured by 1-4 family residential properties- net charge-offs | $-113,000 | 11,403 |
| Secured by multifamily residential properties | $29,000 | 299 |
| Secured by nonfarm nonresidential properties | $-1,000 | 10,245 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 20 |
| To foreign banks | $0 | 10 |
| Loans to finance agricultural production and other loans to farmers | $1,000 | 168 |
| Commercial and industrial loans | $62,000 | 2,446 |
| To non-U.S. addressees | $0 | 22 |
| Loans to individuals | $13,052,000 | 134 |
| Credit card loan net charge offs | $-1,101,000 | 11,453 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $14,153,000 | 38 |
| Loans to foreign governments and official institutions | $0 | 5 |
| Other loans | $709,000 | 40 |
| Lease financing receivables | $110,000 | 127 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| 1995-12-31 (YTD Data) | Rank | |
| Total charge-offs | $46,024,000 | 90 |
| Loans secured by real estate, total | $19,231,000 | 42 |
| To non-U.S. addressees | $0 | 15 |
| Real estate loans in domestic offices | $19,231,000 | 42 |
| Construction and land development | $1,167,000 | 62 |
| Secured by farmland | $1,606,000 | 2 |
| Total charge-offs secured by 1-4 family residential properties | $5,086,000 | 47 |
| Secured by multifamily residential properties | $437,000 | 143 |
| Secured by nonfarm nonresidential properties | $10,935,000 | 34 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 23 |
| To foreign banks | $0 | 20 |
| Loans to finance agricultural production and other loans to farmers | $13,000 | 147 |
| Commercial and industrial loans | $2,918,000 | 149 |
| Loans to individuals | $23,815,000 | 89 |
| Credit card loan charge offs | $11,812,000 | 88 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $12,003,000 | 47 |
| Loans to foreign governments and official institutions | $0 | 15 |
| Other loans | $0 | 360 |
| Lease financing receivables | $47,000 | 164 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $17,711,000 | 67 |
| Loans secured by real estate, total | $7,020,000 | 36 |
| To non-U.S. addressees | $0 | 13 |
| Real estate loans in domestic offices | $7,020,000 | 34 |
| Construction and land development | $467,000 | 60 |
| Secured by farmland | $597,000 | 2 |
| Secured by 1-4 family residential properties - total recoveries | $1,886,000 | 25 |
| Secured by multifamily residential properties | $149,000 | 87 |
| Secured by nonfarm nonresidential properties | $3,921,000 | 38 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 32 |
| To foreign banks | $0 | 20 |
| Loans to finance agricultural production and other loans to farmers | $29,000 | 102 |
| Commercial and industrial loans | $4,963,000 | 59 |
| Loans to individuals | $5,689,000 | 89 |
| Credit card loan recoveries | $2,793,000 | 72 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $2,896,000 | 71 |
| Loans to foreign governments and official institutions | $0 | 30 |
| Other loans | $0 | 383 |
| Lease financing receivables | $10,000 | 201 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $28,313,000 | 96 |
| Loans secured by real estate, total | $12,211,000 | 49 |
| To non-U.S. addressees | $0 | 12 |
| Real estate loans in domestic offices | $12,211,000 | 49 |
| Construction and land development | $700,000 | 83 |
| Secured by farmland | $1,009,000 | 3 |
| Secured by 1-4 family residential properties- net charge-offs | $3,200,000 | 62 |
| Secured by multifamily residential properties | $288,000 | 173 |
| Secured by nonfarm nonresidential properties | $7,014,000 | 37 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 19 |
| To foreign banks | $0 | 18 |
| Loans to finance agricultural production and other loans to farmers | $-16,000 | 1,155 |
| Commercial and industrial loans | $-2,045,000 | 11,946 |
| To non-U.S. addressees | $0 | 22 |
| Loans to individuals | $18,126,000 | 84 |
| Credit card loan net charge offs | $9,019,000 | 93 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $9,107,000 | 33 |
| Loans to foreign governments and official institutions | $0 | 11 |
| Other loans | $0 | 309 |
| Lease financing receivables | $37,000 | 145 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| 1994-12-31 (YTD Data) | Rank | |
| Total charge-offs | $50,348,000 | 82 |
| Loans secured by real estate, total | $16,324,000 | 63 |
| To non-U.S. addressees | $0 | 13 |
| Real estate loans in domestic offices | $16,324,000 | 63 |
| Construction and land development | $3,159,000 | 47 |
| Secured by farmland | $619,000 | 12 |
| Total charge-offs secured by 1-4 family residential properties | $4,462,000 | 71 |
| Secured by multifamily residential properties | $322,000 | 205 |
| Secured by nonfarm nonresidential properties | $7,762,000 | 68 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 18 |
| To foreign banks | $0 | 13 |
| Loans to finance agricultural production and other loans to farmers | $61,000 | 82 |
| Commercial and industrial loans | $10,973,000 | 53 |
| Loans to individuals | $22,923,000 | 66 |
| Credit card loan charge offs | $15,195,000 | 59 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $7,728,000 | 58 |
| Loans to foreign governments and official institutions | $0 | 15 |
| Other loans | $67,000 | 176 |
| Lease financing receivables | $0 | 332 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $25,430,000 | 43 |
| Loans secured by real estate, total | $8,299,000 | 35 |
| To non-U.S. addressees | $0 | 12 |
| Real estate loans in domestic offices | $8,299,000 | 34 |
| Construction and land development | $1,442,000 | 32 |
| Secured by farmland | $310,000 | 7 |
| Secured by 1-4 family residential properties - total recoveries | $2,382,000 | 20 |
| Secured by multifamily residential properties | $165,000 | 84 |
| Secured by nonfarm nonresidential properties | $4,000,000 | 37 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 33 |
| To foreign banks | $0 | 21 |
| Loans to finance agricultural production and other loans to farmers | $61,000 | 79 |
| Commercial and industrial loans | $10,988,000 | 30 |
| Loans to individuals | $6,041,000 | 76 |
| Credit card loan recoveries | $3,350,000 | 56 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $2,691,000 | 83 |
| Loans to foreign governments and official institutions | $0 | 34 |
| Other loans | $0 | 356 |
| Lease financing receivables | $41,000 | 136 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $24,918,000 | 98 |
| Loans secured by real estate, total | $8,025,000 | 104 |
| To non-U.S. addressees | $0 | 9 |
| Real estate loans in domestic offices | $8,025,000 | 104 |
| Construction and land development | $1,717,000 | 60 |
| Secured by farmland | $309,000 | 21 |
| Secured by 1-4 family residential properties- net charge-offs | $2,080,000 | 113 |
| Secured by multifamily residential properties | $157,000 | 267 |
| Secured by nonfarm nonresidential properties | $3,762,000 | 94 |
| Real estate loans in foreign offices | NA | NA |
| Loans to depository institutions | $0 | 14 |
| To foreign banks | $0 | 11 |
| Loans to finance agricultural production and other loans to farmers | $0 | 130 |
| Commercial and industrial loans | $-15,000 | 10,799 |
| To non-U.S. addressees | $0 | 26 |
| Loans to individuals | $16,882,000 | 64 |
| Credit card loan net charge offs | $11,845,000 | 65 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $5,037,000 | 37 |
| Loans to foreign governments and official institutions | $0 | 9 |
| Other loans | $67,000 | 122 |
| Lease financing receivables | $-41,000 | 11,022 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| 1993-12-31 (YTD Data) | Rank | |
| Total charge-offs | $60,214,000 | 89 |
| Loans secured by real estate, total | $15,900,000 | 106 |
| To non-U.S. addressees | $0 | 19 |
| Real estate loans in domestic offices | $15,900,000 | 106 |
| Construction and land development | $4,300,000 | 72 |
| Secured by farmland | $178,000 | 53 |
| Total charge-offs secured by 1-4 family residential properties | $3,896,000 | 82 |
| Secured by multifamily residential properties | $273,000 | 256 |
| Secured by nonfarm nonresidential properties | $7,253,000 | 99 |
| Real estate loans in foreign offices | $0 | 17 |
| Loans to depository institutions | $42,000 | 20 |
| To foreign banks | $0 | 17 |
| Loans to finance agricultural production and other loans to farmers | $97,000 | 72 |
| Commercial and industrial loans | $20,655,000 | 52 |
| Loans to individuals | $23,057,000 | 64 |
| Credit card loan charge offs | $16,566,000 | 56 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $6,491,000 | 81 |
| Loans to foreign governments and official institutions | $0 | 34 |
| Other loans | $279,000 | 121 |
| Lease financing receivables | $184,000 | 116 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $20,677,000 | 59 |
| Loans secured by real estate, total | $6,614,000 | 30 |
| To non-U.S. addressees | $0 | 16 |
| Real estate loans in domestic offices | $6,614,000 | 30 |
| Construction and land development | $1,732,000 | 32 |
| Secured by farmland | $56,000 | 88 |
| Secured by 1-4 family residential properties - total recoveries | $1,492,000 | 35 |
| Secured by multifamily residential properties | $120,000 | 110 |
| Secured by nonfarm nonresidential properties | $3,214,000 | 31 |
| Real estate loans in foreign offices | $0 | 16 |
| Loans to depository institutions | $13,000 | 33 |
| To foreign banks | $0 | 26 |
| Loans to finance agricultural production and other loans to farmers | $35,000 | 95 |
| Commercial and industrial loans | $8,065,000 | 49 |
| Loans to individuals | $5,388,000 | 76 |
| Credit card loan recoveries | $2,657,000 | 60 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $2,731,000 | 83 |
| Loans to foreign governments and official institutions | $0 | 38 |
| Other loans | $387,000 | 61 |
| Lease financing receivables | $175,000 | 68 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $39,537,000 | 101 |
| Loans secured by real estate, total | $9,286,000 | 143 |
| To non-U.S. addressees | $0 | 18 |
| Real estate loans in domestic offices | $9,286,000 | 143 |
| Construction and land development | $2,568,000 | 100 |
| Secured by farmland | $122,000 | 58 |
| Secured by 1-4 family residential properties- net charge-offs | $2,404,000 | 115 |
| Secured by multifamily residential properties | $153,000 | 313 |
| Secured by nonfarm nonresidential properties | $4,039,000 | 140 |
| Real estate loans in foreign offices | $0 | 16 |
| Loans to depository institutions | $29,000 | 13 |
| To foreign banks | $0 | 11 |
| Loans to finance agricultural production and other loans to farmers | $62,000 | 59 |
| Commercial and industrial loans | $12,590,000 | 55 |
| To non-U.S. addressees | $0 | 36 |
| Loans to individuals | $17,669,000 | 62 |
| Credit card loan net charge offs | $13,909,000 | 58 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $3,760,000 | 85 |
| Loans to foreign governments and official institutions | $0 | 28 |
| Other loans | $-108,000 | 1,137 |
| Lease financing receivables | $9,000 | 242 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| 1992-12-31 (YTD Data) | Rank | |
| Total charge-offs | $116,657,000 | 56 |
| Loans secured by real estate, total | $63,938,000 | 33 |
| To non-U.S. addressees | $0 | 17 |
| Real estate loans in domestic offices | $63,938,000 | 33 |
| Construction and land development | $34,300,000 | 20 |
| Secured by farmland | $389,000 | 26 |
| Total charge-offs secured by 1-4 family residential properties | $5,020,000 | 67 |
| Secured by multifamily residential properties | $996,000 | 140 |
| Secured by nonfarm nonresidential properties | $23,233,000 | 36 |
| Real estate loans in foreign offices | $0 | 17 |
| Loans to depository institutions | $21,000 | 32 |
| To foreign banks | $0 | 20 |
| Loans to finance agricultural production and other loans to farmers | $61,000 | 104 |
| Commercial and industrial loans | $30,528,000 | 58 |
| Loans to individuals | $20,697,000 | 80 |
| Credit card loan charge offs | $14,365,000 | 75 |
| Auto Loans Charge-Offs | NA | NA |
| Other Consumer Loan Charge-Offs | $6,332,000 | 102 |
| Loans to foreign governments and official institutions | $0 | 43 |
| Other loans | $208,000 | 143 |
| Lease financing receivables | $1,204,000 | 50 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Total recoveries | $9,153,000 | 115 |
| Loans secured by real estate, total | $2,700,000 | 63 |
| To non-U.S. addressees | $0 | 7 |
| Real estate loans in domestic offices | $2,700,000 | 62 |
| Construction and land development | $187,000 | 160 |
| Secured by farmland | $108,000 | 36 |
| Secured by 1-4 family residential properties - total recoveries | $64,000 | 591 |
| Secured by multifamily residential properties | $0 | 476 |
| Secured by nonfarm nonresidential properties | $2,341,000 | 28 |
| Real estate loans in foreign offices | $0 | 9 |
| Loans to depository institutions | $1,000 | 48 |
| To foreign banks | $0 | 28 |
| Loans to finance agricultural production and other loans to farmers | $12,000 | 135 |
| Commercial and industrial loans | $2,616,000 | 119 |
| Loans to individuals | $3,648,000 | 109 |
| Credit card loan recoveries | $1,824,000 | 73 |
| Auto Loans - Recoveries | NA | NA |
| Other Consumer Loan Recoveries | $1,824,000 | 127 |
| Loans to foreign governments and official institutions | $0 | 47 |
| Other loans | $0 | 349 |
| Lease financing receivables | $176,000 | 75 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
| Net charge-offs | $107,504,000 | 52 |
| Loans secured by real estate, total | $61,238,000 | 34 |
| To non-U.S. addressees | $0 | 17 |
| Real estate loans in domestic offices | $61,238,000 | 34 |
| Construction and land development | $34,113,000 | 20 |
| Secured by farmland | $281,000 | 34 |
| Secured by 1-4 family residential properties- net charge-offs | $4,956,000 | 60 |
| Secured by multifamily residential properties | $996,000 | 139 |
| Secured by nonfarm nonresidential properties | $20,892,000 | 44 |
| Real estate loans in foreign offices | $0 | 17 |
| Loans to depository institutions | $20,000 | 27 |
| To foreign banks | $0 | 15 |
| Loans to finance agricultural production and other loans to farmers | $49,000 | 82 |
| Commercial and industrial loans | $27,912,000 | 53 |
| To non-U.S. addressees | $0 | 50 |
| Loans to individuals | $17,049,000 | 80 |
| Credit card loan net charge offs | $12,541,000 | 74 |
| Auto Loans - Net Charge-Offs | NA | NA |
| Other Consumer Loans Net Charge-Offs | $4,508,000 | 94 |
| Loans to foreign governments and official institutions | $0 | 37 |
| Other loans | $208,000 | 116 |
| Lease financing receivables | $1,028,000 | 48 |
| Memoranda: | ||
| Loans to finance agricultural production and other loans to farmers | NA | NA |
* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.