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9.00 Tf ET q 0 0 0 rg BT 456.50 380.66 Td (1) Tj ET Q q 0 0 0 rg BT 461.00 380.66 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 380.66 Td (130132) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 366.66 Td (Allowance for Loan Losses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 366.66 Td (12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.00 366.66 Td (128) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 352.66 Td (Counterparty Credit Risk) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 338.66 Td (Methodology) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 338.66 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 510.00 338.66 Td (145, 155156) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 324.66 Td (Counterparty Credit Risk) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 324.66 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 492.00 324.66 Td (145, 155156, 171) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 310.66 Td (Credit Derivatives) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 310.66 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 310.66 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 296.66 Td (Credit Risk Mitigation) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 282.66 Td (Policies, Procedures, and Practices) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 282.66 Td (14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.00 282.66 Td (6264) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 268.66 Td (Eligible Financial Collateral, Guarantees, and Credit Derivatives) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 268.66 Td (14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 268.66 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 254.66 Td (Securitization) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 240.66 Td (Policies, Procedures, and Practices) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.00 240.66 Td (1516) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 492.65 240.66 Td (1) Tj ET Q q 0 0 0 rg BT 496.98 240.66 Td (121) Tj ET Q q 0 0 0 rg BT 514.65 240.66 Td (13, 139140) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 226.66 Td (Securitization Exposures and ) Tj ET Q q 0 0 0 rg BT 171.47 226.66 Td (Activity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 226.66 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 501.00 226.66 Td (8182, 139142) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 212.66 Td (Synthetic Securitizations) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 212.66 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 212.66 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 198.66 Td (Purchased Securitizations and Resecuritizations) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.00 198.66 Td (1617) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 198.66 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 184.66 Td (Equities Not Subject to the Market-Risk Rule) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 170.66 Td (Policies, Procedures, and Practices) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 170.66 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 170.66 Td (106107) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 156.66 Td (Carry ) Tj ET Q q 0 0 0 rg BT 87.16 156.66 Td (V) Tj ET Q q 0 0 0 rg BT 93.08 156.66 Td (alue and Fair ) Tj ET Q q 0 0 0 rg BT 141.73 156.66 Td (V) Tj ET Q q 0 0 0 rg BT 147.65 156.66 Td (alue by Exposure) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 156.66 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 156.66 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 142.66 Td (Publicly ) Tj ET Q q 0 0 0 rg BT 96.67 142.66 Td (T) Tj ET Q q 0 0 0 rg BT 101.93 142.66 Td (raded) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 142.66 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 142.66 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 128.66 Td (Unrealized and Realized Gains and Losses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 128.66 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.00 128.66 Td (124) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 114.66 Td (Interest Rate Risk for Non-T) Tj ET Q q 0 0 0 rg BT 155.66 114.66 Td (rading ) Tj ET Q q 0 0 0 rg BT 180.40 114.66 Td (Activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 100.66 Td (Policies, Procedures, and Practices) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 100.66 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.00 100.66 Td (7273) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.50 86.66 Td (Net Financing Revenue Sensitivity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 86.66 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 537.00 86.66 Td (7475) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 7 0 obj <>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (3) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Intr) Tj ET Q q 0 0 0 rg BT 69.95 711.90 Td (oduction) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (Ally Financial Inc. \(together with its consolidated subsidiaries unless the context otherwise requires, ) Tj ET Q q 0 0 0 rg BT 430.67 699.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 446.08 699.10 Td (,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 448.33 699.10 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.58 699.10 Td (or we, us, or our\) is a leading ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 688.30 Td (digital financial-services company) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 172.87 688.30 Td (. ) Tj ET Q q 0 0 0 rg BT 176.87 688.30 Td (As a customer) Tj ET Q q 0 0 0 rg BT 228.18 688.30 Td (-centric company with passionate customer service and innovative financial solutions, we ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 677.50 Td (are relentlessly focused on Doing It Right and being a trusted financial-services provider to our consumer) Tj ET Q q 0 0 0 rg BT 437.26 677.50 Td (, commercial, and corporate ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 666.70 Td (customers. ) Tj ET Q q 0 0 0 rg BT 90.33 666.70 Td (W) Tj ET Q q 0 0 0 rg BT 98.10 666.70 Td (e are one of the lar) Tj ET Q q 0 0 0 rg BT 165.15 666.70 Td (gest full-service automotive finance operations in the country and of) Tj ET Q q 0 0 0 rg BT 411.16 666.70 Td (fer a wide range of financial services and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 655.90 Td (insurance products to automotive dealerships and consumers. Our award-winning online bank \(Ally Bank, Member Federal Deposit Insurance ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 645.10 Td (Corporation and Equal Housing Lender\) of) Tj ET Q q 0 0 0 rg BT 204.55 645.10 Td (fers mortgage lending, personal lending, and a variety of deposit and other banking products, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 634.30 Td (including savings, money-market, and checking accounts, certificates of deposit, and individual retirement accounts. ) Tj ET Q q 0 0 0 rg BT 470.87 634.30 Td (Additionally) Tj ET Q q 0 0 0 rg BT 515.78 634.30 Td (, we of) Tj ET Q q 0 0 0 rg BT 540.36 634.30 Td (fer ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 623.50 Td (securities-brokerage and investment-advisory services through ) Tj ET Q q 0 0 0 rg BT 276.68 623.50 Td (Ally Invest. Our robust corporate-finance business of) Tj ET Q q 0 0 0 rg BT 468.22 623.50 Td (fers capital for equity ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 612.70 Td (sponsors and middle-market companies. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 196.55 612.70 Td (W) Tj ET Q q 0 0 0 rg BT 204.33 612.70 Td (e are a Delaware corporation and are registered as a bank holding company \(BHC\) under the Bank ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 601.90 Td (Holding Company ) Tj ET Q q 0 0 0 rg BT 118.00 601.90 Td (Act of 1956, as amended) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 207.73 601.90 Td (, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 212.23 601.90 Td (and a financial holding company \(FHC\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 355.94 601.90 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 358.19 601.90 Td (under the Gramm-Leach-Bliley ) Tj ET Q q 0 0 0 rg BT 473.40 601.90 Td (Act of 1999, as ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 591.10 Td (amended) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.98 591.10 Td ( \(the GLB ) Tj ET Q q 0 0 0 rg BT 120.23 591.10 Td (Act\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 572.30 Td (As a BHC, ) Tj ET Q q 0 0 0 rg BT 108.51 572.30 Td (Ally is subject to regulation, supervision and examination by the Board of Governors of the Federal Reserve System \(FRB\). ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 561.50 Td (Ally must also comply with regulatory risk-based and leverage capital requirements, as well as various safety and soundness standards ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 550.70 Td (imposed by the FRB, and is subject to certain statutory restrictions concerning the types of assets or securities it may own and the activities in ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 539.90 Td (which it may engage. ) Tj ET Q q 0 0 0 rg BT 128.23 539.90 Td (Ally Bank, our banking subsidiary) Tj ET Q q 0 0 0 rg BT 251.88 539.90 Td (, is a member of the Federal Reserve System and is subject to regulation, supervision ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 529.10 Td (and examination by the FRB, and as a Utah chartered bank, by the Utah Department of Financial Institutions \(UDFI\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 510.30 Td (In July 2013, the U.S. banking agencies finalized rules implementing the Basel III capital framework \(Final Capital Rules\), which ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 499.50 Td (represent substantial revisions to the existing regulatory capital standards for U.S. banking or) Tj ET Q q 0 0 0 rg BT 384.76 499.50 Td (ganizations. ) Tj ET Q q 0 0 0 rg BT 430.08 499.50 Td (The Basel III capital framework, as ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 488.70 Td (described below) Tj ET Q q 0 0 0 rg BT 107.64 488.70 Td (, requires qualitative and quantitative disclosures regarding a banking institution) Tj ET Q q 0 0 0 rg BT 399.07 488.70 Td (s regulatory capital, risk exposures, risk-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 477.90 Td (management practices, and capital adequacy) Tj ET Q q 0 0 0 rg BT 209.08 477.90 Td (. ) Tj ET Q q 0 0 0 rg BT 213.42 477.90 Td (This report also includes information on the methodologies used to calculate risk-weighted ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (assets \(R) Tj ET Q q 0 0 0 rg BT 81.25 467.10 Td (W) Tj ET Q q 0 0 0 rg BT 88.75 467.10 Td (As\). ) Tj ET Q q 0 0 0 rg BT 106.08 467.10 Td (The disclosure requirement applies to banking or) Tj ET Q q 0 0 0 rg BT 282.37 467.10 Td (ganizations with total consolidated assets of $50 billion or more that are not a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 456.30 Td (consolidated subsidiary of a BHC that is subject to these disclosure requirements. ) Tj ET Q q 0 0 0 rg BT 345.03 456.30 Td (This report is designed to satisfy these requirements and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 445.50 Td (should be read in conjunction with our ) Tj ET Q q 0 0 0 rg BT 190.23 445.50 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.93 445.50 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.66 445.50 Td (, and our Consolidated Financial ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 434.70 Td (Statements for Holding Companies - FR ) Tj ET Q q 0 0 0 rg BT 196.66 434.70 Td (Y) Tj ET Q q 0 0 0 rg BT 202.16 434.70 Td (-9C for ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 230.65 434.70 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 301.38 434.70 Td (. ) Tj ET Q q 0 0 0 rg BT 305.71 434.70 Td (The disclosures included in this report are not required to be and have ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 423.90 Td (not been audited by our independent auditors.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 405.10 Td (From time to time we have made, and in the future will make, forward-looking statements within the meaning of the Private Securities ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 394.30 Td (Litigation Reform ) Tj ET Q q 0 0 0 rg BT 116.49 394.30 Td (Act of 1995. ) Tj ET Q q 0 0 0 rg BT 163.82 394.30 Td (These statements can be identified by the fact that they do not relate strictly to historical or current facts. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 383.50 Td (Forward-looking statements often use words such as believe, expect, anticipate, intend, pursue, seek, continue, estimate, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 372.70 Td (project, outlook, forecast, potential, tar) Tj ET Q q 0 0 0 rg BT 225.24 372.70 Td (get, objective, trend, plan, goal, initiative, priorities, or other words of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 361.90 Td (comparable meaning or future-tense or conditional verbs such as may) Tj ET Q q 0 0 0 rg BT 303.57 361.90 Td (, will, should, would, or could. Forward-looking statements ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 351.10 Td (convey our expectations, intentions, or forecasts about future events, circumstances, or results.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 389.90 351.10 Td ( ) Tj ET Q q 0 0 0 rg BT 391.81 351.10 Td (Y) Tj ET Q q 0 0 0 rg BT 397.41 351.10 Td (ou should not place undue reliance on any ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 340.30 Td (forward-looking statement and should consider all uncertainties and risks discussed in this report and those under Item1A, Risk Factors in ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 329.50 Td (our ) Tj ET Q q 0 0 0 rg BT 63.25 329.50 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 239.95 329.50 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 310.68 329.50 Td (, as well as those provided in any subsequent SEC filings. Forward-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 318.70 Td (looking statements apply only as of the date they are made, and we undertake no obligation to update any forward-looking statement to reflect ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 307.90 Td (events or circumstances that arise after the date the forward-looking statement was made.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 289.10 Td (Unless the context otherwise requires, references herein to our income statement mean the Consolidated Statement of Income included in ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 278.30 Td (the Consolidated Financial Statements in our ) Tj ET Q q 0 0 0 rg BT 212.98 278.30 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 389.68 278.30 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.41 278.30 Td (. Unless the context ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 267.50 Td (otherwise requires, references herein to our balance sheet mean the Consolidated Balance Sheet included in the Consolidated Financial ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 256.70 Td (Statements in our ) Tj ET Q q 0 0 0 rg BT 114.24 256.70 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 290.95 256.70 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.67 256.70 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 236.70 Td (Basis of Pr) Tj ET Q q 0 0 0 rg BT 95.43 236.70 Td (esentation and Consolidation) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 223.90 Td (Our accounting and reporting policies conform to accounting principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 479.37 223.90 Td (America \(GAAP\). ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 213.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 94.41 213.10 Td (, where applicable, the policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 194.30 Td (Refer to Note 1 to the Consolidated Financial Statements in our ) Tj ET Q q 0 0 0 rg BT 298.21 194.30 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.91 194.30 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.64 194.30 Td (, for ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 183.50 Td (further information on our Basis of Presentation and Consolidation. ) Tj ET Q q 0 0 0 rg BT 294.80 183.50 Td (There are no significant dif) Tj ET Q q 0 0 0 rg BT 392.59 183.50 Td (ferences in the basis of consolidation between ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 172.70 Td (our ) Tj ET Q q 0 0 0 rg BT 63.25 172.70 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 239.95 172.70 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 310.68 172.70 Td (, and this report.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 152.70 Td (Basel Capital ) Tj ET Q q 0 0 0 rg BT 108.40 152.70 Td (Accord) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 139.90 Td (In December 2010, the Basel Committee reached an agreement on the global Basel III capital framework, which was designed to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 129.10 Td (increase the quality and quantity of regulatory capital by introducing new risk-based and leverage capital standards. In July 2013, the U.S. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 118.30 Td (banking agencies finalized rules implementing the Basel III capital framework in the United States as well as related provisions of the Dodd-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 107.50 Td (Frank ) Tj ET Q q 0 0 0 rg BT 72.25 107.50 Td (Act \(U.S. Basel III\). U.S. Basel III represents a substantial revision to the previously ef) Tj ET Q q 0 0 0 rg BT 385.76 107.50 Td (fective regulatory capital standards for U.S. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 96.70 Td (banking or) Tj ET Q q 0 0 0 rg BT 88.08 96.70 Td (ganizations. ) Tj ET Q q 0 0 0 rg BT 133.40 96.70 Td (W) Tj ET Q q 0 0 0 rg BT 141.18 96.70 Td (e became subject to U.S. Basel III on January 1, 2015, although a number of its provisionsincluding capital ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 85.90 Td (buf) Tj ET Q q 0 0 0 rg BT 61.33 85.90 Td (fers, were subject to a phase-in period through December 31, 2018.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 67.10 Td (Under U.S. Basel III, ) Tj ET Q q 0 0 0 rg BT 145.74 67.10 Td (Ally and ) Tj ET Q q 0 0 0 rg BT 178.73 67.10 Td (Ally Bank must maintain a minimum Common Equity ) Tj ET Q q 0 0 0 rg BT 377.06 67.10 Td (T) Tj ET Q q 0 0 0 rg BT 382.25 67.10 Td (ier 1 risk-based capital ratio of) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 492.45 67.10 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.70 67.10 Td (4.5%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.45 67.10 Td (, a minimum ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 56.30 Td (T) Tj ET Q q 0 0 0 rg BT 54.68 56.30 Td (ier 1 risk-based capital ratio of) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 164.89 56.30 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 167.14 56.30 Td (6%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 179.13 56.30 Td (, and a minimum total risk-based capital ratio of) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 352.34 56.30 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 354.59 56.30 Td (8%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.58 56.30 Td (. In addition to these minimum risk-based capital ) Tj ET Q endstream endobj 9 0 obj <>] /Rotate 0 /Contents 10 0 R>> endobj 10 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 713.80 Td (ratios, ) Tj ET Q q 0 0 0 rg BT 73.50 713.80 Td (Ally and ) Tj ET Q q 0 0 0 rg BT 106.50 713.80 Td (Ally Bank are subject to a capital conservation buf) Tj ET Q q 0 0 0 rg BT 288.77 713.80 Td (fer of more than) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.00 713.80 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.25 713.80 Td (2.5%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 367.99 713.80 Td (. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.49 713.80 Td (Failure to maintain the full amount of the buf) Tj ET Q q 0 0 0 rg BT 535.29 713.80 Td (fer ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 703.00 Td (would result in restrictions on the ability of ) Tj ET Q q 0 0 0 rg BT 206.98 703.00 Td (Ally and ) Tj ET Q q 0 0 0 rg BT 239.98 703.00 Td (Ally Bank to make capital distributions, including dividend payments and stock ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 692.20 Td (repurchases and redemptions, and to pay discretionary bonuses to executive of) Tj ET Q q 0 0 0 rg BT 332.00 692.20 Td (ficers.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 354.23 692.20 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.48 692.20 Td (U.S. Basel III also subjects ) Tj ET Q q 0 0 0 rg BT 455.72 692.20 Td (Ally and ) Tj ET Q q 0 0 0 rg BT 488.72 692.20 Td (Ally Bank to a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 681.40 Td (minimum ) Tj ET Q q 0 0 0 rg BT 86.59 681.40 Td (T) Tj ET Q q 0 0 0 rg BT 91.77 681.40 Td (ier 1 leverage ratio of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 171.48 681.40 Td (4%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 183.48 681.40 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 662.60 Td (The well capitalized standard for insured depository institutions, such as ) Tj ET Q q 0 0 0 rg BT 329.69 662.60 Td (Ally Bank, reflects the capital requirements under U.S. Basel ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 651.80 Td (III.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 633.00 Td (U.S. Basel III also revised the eligibility criteria for regulatory capital instruments and provides for the phase-out of instruments that had ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 622.20 Td (previously been recognized as capital but that do not satisfy these criteria. For example, subject to certain exceptions \(for example, certain ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 611.40 Td (debt or equity issued to the U.S. government under the Emer) Tj ET Q q 0 0 0 rg BT 267.79 611.40 Td (gency Economic Stabilization ) Tj ET Q q 0 0 0 rg BT 377.51 611.40 Td (Act\), trust preferred and other hybrid securities ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 600.60 Td (were excluded from a BHC) Tj ET Q q 0 0 0 rg BT 150.97 600.60 Td (s ) Tj ET Q q 0 0 0 rg BT 156.56 600.60 Td (T) Tj ET Q q 0 0 0 rg BT 161.74 600.60 Td (ier 1 capital as of January 1, 2016. ) Tj ET Q q 0 0 0 rg BT 287.20 600.60 Td (Also, subject to a phase-in schedule, certain items are deducted from ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 589.80 Td (Common Equity ) Tj ET Q q 0 0 0 rg BT 111.34 589.80 Td (T) Tj ET Q q 0 0 0 rg BT 116.52 589.80 Td (ier 1 capital under U.S. Basel III that had not previously been deducted from regulatory capital, and certain other ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 579.00 Td (deductions from regulatory capital have been modified. ) Tj ET Q q 0 0 0 rg BT 250.93 579.00 Td (Among other things, U.S. Basel III requires significant investments in the common ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 568.20 Td (stock of unconsolidated financial institutions, mortgage servicing assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 307.95 568.20 Td (, and certain deferred tax assets ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.14 568.20 Td (that exceed specified individual and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 557.40 Td (aggregate thresholds to be deducted from Common Equity ) Tj ET Q q 0 0 0 rg BT 262.29 557.40 Td (T) Tj ET Q q 0 0 0 rg BT 267.47 557.40 Td (ier 1 capital. U.S. Basel III also revised the standardized approach for calculating ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 546.60 Td (R) Tj ET Q q 0 0 0 rg BT 55.01 546.60 Td (W) Tj ET Q q 0 0 0 rg BT 62.50 546.60 Td (As by) Tj ET Q q 0 0 0 rg BT 83.17 546.60 Td (, among other things, modifying certain risk weights and the methods for calculating R) Tj ET Q q 0 0 0 rg BT 395.36 546.60 Td (W) Tj ET Q q 0 0 0 rg BT 402.86 546.60 Td (As for certain types of assets and exposures.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 527.80 Td (Ally and ) Tj ET Q q 0 0 0 rg BT 100.50 527.80 Td (Ally Bank are subject to the U.S. Basel III standardized approach for counterparty credit risk, but not to the U.S. Basel III ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 517.00 Td (advanced approaches for credit risk or operational risk. ) Tj ET Q q 0 0 0 rg BT 249.67 517.00 Td (Ally is also not subject to the U.S. market-risk capital rule, which applies only to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 506.20 Td (banking or) Tj ET Q q 0 0 0 rg BT 88.08 506.20 Td (ganizations with significant trading assets and liabilities.) Tj ET Q BT /F1 9.00 Tf ET endstream endobj 11 0 obj <>] /Rotate 0 /Contents 12 0 R>> endobj 12 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (5) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Scope of ) Tj ET Q q 0 0 0 rg BT 94.83 711.90 Td (Application) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (The Basel III framework applies to ) Tj ET Q q 0 0 0 rg BT 195.46 699.10 Td (Ally Financial Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 679.10 Td (Restrictions on Capital) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.50 666.30 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 666.30 Td (Capital ) Tj ET Q q 0 0 0 rg BT 114.42 666.30 Td (Adequacy Requirements ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 206.92 666.30 Td ( ) Tj ET Q q 0 0 0 rg BT 217.67 666.30 Td (Ally and ) Tj ET Q q 0 0 0 rg BT 250.67 666.30 Td (Ally Bank are subject to various capital adequacy requirements.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.84 666.30 Td ( For additional ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 655.50 Td (information, refer to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 160.97 655.50 Td (Note 20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 189.72 655.50 Td ( to the Consolidated Financial Statements in our ) Tj ET Q q 0 0 0 rg BT 364.69 655.50 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 644.70 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 156.23 644.70 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 625.90 Td ( ) Tj ET Q BT /F3 9.00 Tf ET 1 1 1 rg /GS0 gs 85.50 632.00 273.31 -8.18 re f /GS0 gs q 0 0 0 rg BT 85.50 625.90 Td (Limitations on Bank and BHC Dividends and Other Capital Distributions) Tj ET Q BT /F1 9.00 Tf ET 1 1 1 rg /GS0 gs 358.81 632.14 199.69 -8.18 re f /GS0 gs q 0 0 0 rg BT 358.81 625.90 Td ( Federal and Utah law place a number of conditions,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.50 625.90 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 615.10 Td (limits, and other restrictions on dividends and other capital distributions that may be paid by ) Tj ET Q q 0 0 0 rg BT 419.44 615.10 Td (Ally Bank to IB Finance) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.93 615.10 Td ( Holding ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 604.30 Td (Company) Tj ET Q q 0 0 0 rg BT 119.91 604.30 Td (,LLC \(IBFinance\), a direct subsidiary of ) Tj ET Q q 0 0 0 rg BT 271.38 604.30 Td (Ally and the direct parent of ) Tj ET Q q 0 0 0 rg BT 374.84 604.30 Td (Ally Bank, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 416.59 604.30 Td (and thus indirectly to ) Tj ET Q q 0 0 0 rg BT 494.58 604.30 Td (Ally) Tj ET Q q 0 0 0 rg BT 509.99 604.30 Td (. In addition, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 593.50 Td (even if the FRB does not object to our capital plan, ) Tj ET Q q 0 0 0 rg BT 270.96 593.50 Td (Ally and IB Finance may be precluded from or limited in paying dividends or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 582.70 Td (other capital distributions without the FRB) Tj ET Q q 0 0 0 rg BT 242.24 582.70 Td (s approval under certain circumstancesfor example, if ) Tj ET Q q 0 0 0 rg BT 446.16 582.70 Td (Ally or IB Finance were to not ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 571.90 Td (meet minimum regulatory capital ratios after giving ef) Tj ET Q q 0 0 0 rg BT 281.02 571.90 Td (fect to the distributions. FRB supervisory guidance also directs BHCs like us ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 561.10 Td (to consult with the FRB prior to increasing dividends, implementing common-stock-repurchase programs, or redeeming or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 550.30 Td (repurchasing capital instruments. Further) Tj ET Q q 0 0 0 rg BT 233.10 550.30 Td (, the U.S. banking agencies are authorized to prohibit an insured depository institution, like ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 539.50 Td (Ally Bank, or a BHC, like ) Tj ET Q q 0 0 0 rg BT 181.49 539.50 Td (Ally) Tj ET Q q 0 0 0 rg BT 196.91 539.50 Td (, from engaging in unsafe or unsound banking practices and, depending upon the circumstances, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 528.70 Td (could find that paying a dividend or other capital distribution would constitute an unsafe or unsound banking practice.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 509.90 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 509.90 Td (T) Tj ET Q q 0 0 0 rg BT 90.66 509.90 Td (ransactions with ) Tj ET Q q 0 0 0 rg BT 153.85 509.90 Td (Af) Tj ET Q q 0 0 0 rg BT 162.69 509.90 Td (filiates ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 189.94 509.90 Td ( Sections 23A) Tj ET Q q 0 0 0 rg BT 248.94 509.90 Td ( and 23B of the Federal Reserve ) Tj ET Q q 0 0 0 rg BT 366.65 509.90 Td (Act and the FRB) Tj ET Q q 0 0 0 rg BT 429.90 509.90 Td (s Regulation ) Tj ET Q q 0 0 0 rg BT 477.23 509.90 Td (W) Tj ET Q q 0 0 0 rg BT 485.56 509.90 Td ( prevent ) Tj ET Q q 0 0 0 rg BT 516.56 509.90 Td (Ally and its ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 499.10 Td (nonbank subsidiaries from taking undue advantage of the benefits af) Tj ET Q q 0 0 0 rg BT 331.51 499.10 Td (forded to ) Tj ET Q q 0 0 0 rg BT 366.01 499.10 Td (Ally Bank as a depository institution, including its ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 488.30 Td (access to federal deposit insurance and the FRB) Tj ET Q q 0 0 0 rg BT 260.20 488.30 Td (s discount window) Tj ET Q q 0 0 0 rg BT 327.11 488.30 Td (. Pursuant to these laws, covered transactionsincluding ) Tj ET Q q 0 0 0 rg BT 542.81 488.30 Td (Ally ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 477.50 Td (Bank) Tj ET Q q 0 0 0 rg BT 107.00 477.50 Td (s extensions of credit to and asset purchases from its af) Tj ET Q q 0 0 0 rg BT 304.78 477.50 Td (filiatesare generally subject to meaningful restrictions. For example, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 466.70 Td (unless otherwise exempted, \(1\) covered transactions are limited to 10% of ) Tj ET Q q 0 0 0 rg BT 353.92 466.70 Td (Ally Bank) Tj ET Q q 0 0 0 rg BT 393.67 466.70 Td (s capital stock and surplus in the case of any ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 455.90 Td (individual af) Tj ET Q q 0 0 0 rg BT 131.08 455.90 Td (filiate and 20% of ) Tj ET Q q 0 0 0 rg BT 197.56 455.90 Td (Ally Bank) Tj ET Q q 0 0 0 rg BT 237.30 455.90 Td (s capital stock and surplus in the case of all af) Tj ET Q q 0 0 0 rg BT 402.09 455.90 Td (filiates; \(2\)) Tj ET Q q 0 0 0 rg BT 443.58 455.90 Td (Ally Bank) Tj ET Q q 0 0 0 rg BT 483.33 455.90 Td (s credit transactions ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 445.10 Td (with an af) Tj ET Q q 0 0 0 rg BT 121.32 445.10 Td (filiate are generally subject to stringent collateralization requirements; \(3\) with few exceptions, ) Tj ET Q q 0 0 0 rg BT 465.45 445.10 Td (Ally Bank may not ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 434.30 Td (purchase any low quality asset from an af) Tj ET Q q 0 0 0 rg BT 243.03 434.30 Td (filiate; and \(4\) covered transactions must be conducted on terms and conditions that are ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 423.50 Td (consistent with safe and sound banking practices \(collectively) Tj ET Q q 0 0 0 rg BT 307.60 423.50 Td (, ) Tj ET Q q 0 0 0 rg BT 311.60 423.50 Td (Af) Tj ET Q q 0 0 0 rg BT 320.94 423.50 Td (filiate ) Tj ET Q q 0 0 0 rg BT 344.01 423.50 Td (T) Tj ET Q q 0 0 0 rg BT 349.19 423.50 Td (ransaction Restrictions\). In addition, transactions between ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 412.70 Td (Ally Bank and an af) Tj ET Q q 0 0 0 rg BT 157.82 412.70 Td (filiate must be on terms and conditions that are either substantially the same as or more beneficial to ) Tj ET Q q 0 0 0 rg BT 520.21 412.70 Td (Ally Bank ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 401.90 Td (than those prevailing at the time for comparable transactions with or involving nonaf) Tj ET Q q 0 0 0 rg BT 390.75 401.90 Td (filiates.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 103.50 383.10 Td (Furthermore, these laws include an attribution rule that treats a transaction between ) Tj ET Q q 0 0 0 rg BT 405.15 383.10 Td (Ally Bank and a nonaf) Tj ET Q q 0 0 0 rg BT 486.47 383.10 Td (filiate as a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 372.30 Td (transaction between ) Tj ET Q q 0 0 0 rg BT 158.97 372.30 Td (Ally Bank and an af) Tj ET Q q 0 0 0 rg BT 231.29 372.30 Td (filiate to the extent that the proceeds of the transaction are used for the benefit of or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 361.50 Td (transferred to the af) Tj ET Q q 0 0 0 rg BT 156.05 361.50 Td (filiate. ) Tj ET Q q 0 0 0 rg BT 181.38 361.50 Td (Thus, ) Tj ET Q q 0 0 0 rg BT 203.38 361.50 Td (Ally Bank) Tj ET Q q 0 0 0 rg BT 243.13 361.50 Td (s purchase from a dealer of a retail installment sales contract involving a vehicle for ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 350.70 Td (which ) Tj ET Q q 0 0 0 rg BT 109.25 350.70 Td (Ally provided floorplan financing is subject to the ) Tj ET Q q 0 0 0 rg BT 291.21 350.70 Td (Af) Tj ET Q q 0 0 0 rg BT 300.55 350.70 Td (filiate ) Tj ET Q q 0 0 0 rg BT 323.62 350.70 Td (T) Tj ET Q q 0 0 0 rg BT 328.80 350.70 Td (ransaction Restrictions because the purchase price paid by ) Tj ET Q q 0 0 0 rg BT 540.23 350.70 Td (Ally ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 339.90 Td (Bank is ultimately transferred by the dealer to ) Tj ET Q q 0 0 0 rg BT 252.45 339.90 Td (Ally to pay of) Tj ET Q q 0 0 0 rg BT 302.53 339.90 Td (f the floorplan financing.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 103.50 321.10 Td (The Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 165.49 321.10 Td (Act tightened the ) Tj ET Q q 0 0 0 rg BT 229.22 321.10 Td (Af) Tj ET Q q 0 0 0 rg BT 238.56 321.10 Td (filiate ) Tj ET Q q 0 0 0 rg BT 261.63 321.10 Td (T) Tj ET Q q 0 0 0 rg BT 266.81 321.10 Td (ransaction Restrictions in a number of ways. For example, the definition of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 310.30 Td (covered transactions was expanded to include credit exposures arising from derivative transactions, securities lending and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 299.50 Td (borrowing transactions, and the acceptance of af) Tj ET Q q 0 0 0 rg BT 259.51 299.50 Td (filiate-issued debt obligations \(other than securities\) as collateral. For a credit ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 288.70 Td (transaction that must be collateralized, the Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 285.44 288.70 Td (Act also requires that collateral be maintained at all times while the credit ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 277.90 Td (extension or credit exposure remains outstanding and places additional limits on acceptable collateral.) Tj ET Q BT /F1 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.50 259.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 259.10 Td (Source of Strength) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 155.51 259.10 Td ( ) Tj ET Q q 0 0 0 rg BT 168.85 259.10 Td (The Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 230.84 259.10 Td (Act codified the FRB) Tj ET Q q 0 0 0 rg BT 310.58 259.10 Td (s policy requiring a BHC, like ) Tj ET Q q 0 0 0 rg BT 420.82 259.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 436.23 259.10 Td (, to serve as a source of financial ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 248.30 Td (strength for a depository-institution subsidiary) Tj ET Q q 0 0 0 rg BT 251.89 248.30 Td (, like ) Tj ET Q q 0 0 0 rg BT 271.64 248.30 Td (Ally Bank, and to commit resources to support the subsidiary in circumstances ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 237.50 Td (when ) Tj ET Q q 0 0 0 rg BT 106.75 237.50 Td (Ally might not otherwise elect to do so.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 249.23 237.50 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 251.31 237.50 Td (The functional regulator of any nonbank subsidiary of ) Tj ET Q q 0 0 0 rg BT 447.76 237.50 Td (Ally) Tj ET Q q 0 0 0 rg BT 463.18 237.50 Td (, however) Tj ET Q q 0 0 0 rg BT 498.30 237.50 Td (, may prevent ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 226.70 Td (that subsidiary from directly or indirectly contributing its financial support, and if that were to preclude ) Tj ET Q q 0 0 0 rg BT 459.15 226.70 Td (Ally from serving as an ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 215.90 Td (adequate source of financial strength, the FRB may instead require the divestiture of ) Tj ET Q q 0 0 0 rg BT 390.91 215.90 Td (Ally Bank and impose operating restrictions ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 205.10 Td (pending such a divestiture.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 186.30 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.50 186.30 Td (Enforcement ) Tj ET Q q 0 0 0 rg BT 135.91 186.30 Td (Authority ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 173.68 186.30 Td ( ) Tj ET Q q 0 0 0 rg BT 184.76 186.30 Td (The FRB possesses extensive authorities and powers to regulate and supervise the conduct of ) Tj ET Q q 0 0 0 rg BT 522.19 186.30 Td (Ally) Tj ET Q q 0 0 0 rg BT 540.69 186.30 Td (s ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 175.50 Td (businesses and operations. If the FRB were to take the position that ) Tj ET Q q 0 0 0 rg BT 329.71 175.50 Td (Ally or any of its subsidiaries have violated any law or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 164.70 Td (commitment or engaged in any unsafe or unsound practice, formal or informal enforcement and other supervisory actions could be ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 153.90 Td (taken by the FRB against ) Tj ET Q q 0 0 0 rg BT 178.24 153.90 Td (Ally) Tj ET Q q 0 0 0 rg BT 193.66 153.90 Td (, its subsidiaries, and institution-af) Tj ET Q q 0 0 0 rg BT 317.48 153.90 Td (filiated parties \(such as directors, of) Tj ET Q q 0 0 0 rg BT 446.27 153.90 Td (ficers, and agents\). ) Tj ET Q q 0 0 0 rg BT 516.33 153.90 Td (The UDFI ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 143.10 Td (and the) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 111.74 143.10 Td ( Federal Deposit Insurance Corporation \(FDIC\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 285.20 143.10 Td (have similarly expansive authorities and powers over ) Tj ET Q q 0 0 0 rg BT 478.39 143.10 Td (Ally Bank and its ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 132.30 Td (subsidiaries. For example, any of these governmental authorities could order us to cease and desist from engaging in specified ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 121.50 Td (activities or practices or could af) Tj ET Q q 0 0 0 rg BT 203.04 121.50 Td (firmatively compel us to correct specified violations or practices. Some or all of these government ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 110.70 Td (authorities also would have the power) Tj ET Q q 0 0 0 rg BT 221.85 110.70 Td (, as applicable, to issue administrative orders against us that can be judicially enforced, to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 99.90 Td (direct us to increase capital and liquidity) Tj ET Q q 0 0 0 rg BT 230.87 99.90 Td (, to limit our dividends and other capital distributions, to restrict or redirect the growth of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 89.10 Td (our assets, businesses, and operations, to assess civil money penalties against us, to remove our of) Tj ET Q q 0 0 0 rg BT 438.02 89.10 Td (ficers and directors, to require the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 78.30 Td (divestiture or the retention of assets or entities, to terminate deposit insurance, or to force us into bankruptcy) Tj ET Q q 0 0 0 rg BT 475.06 78.30 Td (, conservatorship, or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 67.50 Td (receivership. ) Tj ET Q q 0 0 0 rg BT 133.81 67.50 Td (These actions could directly af) Tj ET Q q 0 0 0 rg BT 244.11 67.50 Td (fect not only ) Tj ET Q q 0 0 0 rg BT 291.35 67.50 Td (Ally) Tj ET Q q 0 0 0 rg BT 306.76 67.50 Td (, its subsidiaries, and institution-af) Tj ET Q q 0 0 0 rg BT 430.59 67.50 Td (filiated parties but also ) Tj ET Q q 0 0 0 rg BT 514.57 67.50 Td (Ally) Tj ET Q q 0 0 0 rg BT 533.07 67.50 Td (s ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 56.70 Td (counterparties, stockholders, and creditors and its commitments, arrangements, and other dealings with them.) Tj ET Q BT /F1 9.00 Tf ET endstream endobj 13 0 obj <>] /Rotate 0 /Contents 14 0 R>> endobj 14 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 713.25 Td (Bank Holding Company) Tj ET Q q 0 0 0 rg BT 152.87 713.25 Td (, Financial Holding Company) Tj ET Q q 0 0 0 rg BT 278.46 713.25 Td (, and Depository Institution Status) Tj ET Q BT /F2 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 700.45 Td (Ally and IBFinance ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 142.98 700.45 Td (are BHCs under the BHC) Tj ET Q q 0 0 0 rg BT 236.72 700.45 Td (Act. ) Tj ET Q q 0 0 0 rg BT 253.72 700.45 Td (Ally is also an FHC under the GLB ) Tj ET Q q 0 0 0 rg BT 383.22 700.45 Td (Act. IBFinance is a direct subsidiary of ) Tj ET Q q 0 0 0 rg BT 528.43 700.45 Td (Ally and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 689.65 Td (the direct parent of ) Tj ET Q q 0 0 0 rg BT 119.47 689.65 Td (Ally Bank, which is a commercial bank that is or) Tj ET Q q 0 0 0 rg BT 295.77 689.65 Td (ganized under the laws of the State of Utah and whose deposits are ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 678.85 Td (insured by the FDIC under the Federal Deposit Insurance ) Tj ET Q q 0 0 0 rg BT 257.70 678.85 Td (Act \(FDI ) Tj ET Q q 0 0 0 rg BT 292.20 678.85 Td (Act\). ) Tj ET Q q 0 0 0 rg BT 312.19 678.85 Td (As BHCs, ) Tj ET Q q 0 0 0 rg BT 350.46 678.85 Td (Ally and IB Finance are subject to regulation, supervision, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 668.05 Td (and examination by the FRB. ) Tj ET Q q 0 0 0 rg BT 156.99 668.05 Td (Ally Bank is a member of the Federal Reserve System and is subject to regulation, supervision, and examination ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 657.25 Td (by the FRB and the UDFI.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 145.00 657.25 Td ( ) Tj ET Q q 0 0 0 rg BT 146.75 657.25 Td (Ally Bank is required to file periodic reports with regulators concerning its financial condition. ) Tj ET Q q 0 0 0 rg BT 490.75 657.25 Td (T) Tj ET Q q 0 0 0 rg BT 495.62 657.25 Td (otal assets of ) Tj ET Q q 0 0 0 rg BT 543.86 657.25 Td (Ally ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 646.45 Td (Bank were ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 90.48 646.45 Td ($167.5 billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 140.99 646.45 Td ( at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 151.98 646.45 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 222.71 646.45 Td (, based on its Call Report filing. ) Tj ET Q q 0 0 0 rg BT 339.45 646.45 Td (Ally Bank) Tj ET Q q 0 0 0 rg BT 379.20 646.45 Td (s deposits are insured by the FDIC.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 627.65 Td (The FRB and other U.S. banking agencies have adopted risk-based and leverage capital standards that establish minimum capital-to-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 616.85 Td (asset ratios for BHCs, like ) Tj ET Q q 0 0 0 rg BT 145.99 616.85 Td (Ally) Tj ET Q q 0 0 0 rg BT 161.41 616.85 Td (, and depository institutions, like ) Tj ET Q q 0 0 0 rg BT 281.15 616.85 Td (Ally Bank.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.65 616.85 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 322.74 616.85 Td (The capital-to-asset ratios play a central role in prompt corrective ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 606.05 Td (action \(PCA\), which is an enforcement framework used by the U.S. banking agencies to constrain the activities of depository institutions ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 595.25 Td (based on their levels of regulatory capital. Five categories have been established using thresholds for the Common Equity ) Tj ET Q q 0 0 0 rg BT 489.47 595.25 Td (T) Tj ET Q q 0 0 0 rg BT 494.65 595.25 Td (ier 1 risk-based ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 584.45 Td (capital ratio, the ) Tj ET Q q 0 0 0 rg BT 109.81 584.45 Td (T) Tj ET Q q 0 0 0 rg BT 114.99 584.45 Td (ier 1 risk-based capital ratio, the total risk-based capital ratio, and the leverage ratio: well capitalized, adequately ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 573.65 Td (capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized. ) Tj ET Q q 0 0 0 rg BT 381.43 573.65 Td (The Federal Deposit Insurance Corporation ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 562.85 Td (Improvement ) Tj ET Q q 0 0 0 rg BT 99.74 562.85 Td (Act of 1991 \(FDICIA\) generally prohibits a depository institution from making any capital distribution, including any payment ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 552.05 Td (of a cash dividend or a management fee to its BHC, if the depository institution would become undercapitalized after the distribution. ) Tj ET Q q 0 0 0 rg BT 532.13 552.05 Td (An ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 541.25 Td (undercapitalized institution is also subject to growth limitations and must submit and fulfill a capital restoration plan. ) Tj ET Q q 0 0 0 rg BT 473.26 541.25 Td (While BHCs are not ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 530.45 Td (subject to the PCA) Tj ET Q q 0 0 0 rg BT 116.75 530.45 Td ( framework, the FRB is empowered to compel a BHC to take measuressuch as the execution of financial or performance ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 519.65 Td (guaranteeswhen PCA) Tj ET Q q 0 0 0 rg BT 135.73 519.65 Td ( is required in connection with one of its depository-institution subsidiaries. In addition, under FDICIA, only well-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 508.85 Td (capitalized and adequately capitalized institutions may accept brokered deposits, and even adequately capitalized institutions are subject to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 498.05 Td (some restrictions on the rates they may of) Tj ET Q q 0 0 0 rg BT 199.55 498.05 Td (fer for brokered deposits. ) Tj ET Q q 0 0 0 rg BT 292.27 498.05 Td (At) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 301.27 498.05 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 303.52 498.05 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 374.24 498.05 Td (, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 378.25 498.05 Td (Ally Bank was well capitalized under the PCA) Tj ET Q q 0 0 0 rg BT 545.96 498.05 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 487.25 Td (framework.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 468.45 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.75 468.45 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 149.48 468.45 Td (, both ) Tj ET Q q 0 0 0 rg BT 171.73 468.45 Td (Ally Financial Inc. and ) Tj ET Q q 0 0 0 rg BT 256.46 468.45 Td (Ally Bank were in compliance with our regulatory capital requirements. For an ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 457.65 Td (additional discussion of capital adequacy requirements, refer to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 279.67 457.65 Td (Note 20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 308.41 457.65 Td ( to the Consolidated Financial Statements in our ) Tj ET Q q 0 0 0 rg BT 483.39 457.65 Td (Annual Report on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 446.85 Td (Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 159.46 446.85 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 230.19 446.85 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 426.85 Td (Insurance Companies) Tj ET Q BT /F2 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 414.05 Td (Some of our insurance operationsincluding in the United States, Canada, and Bermudaare subject to certain minimum aggregate ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 403.25 Td (capital requirements, net asset and dividend restrictions under applicable state and foreign insurance laws, and the rules and regulations ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 392.45 Td (promulgated by various U.S. and foreign regulatory agencies. Under various state and foreign insurance laws, dividend distributions may be ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 381.65 Td (made only from statutory unassigned surplus with approvals required from the regulatory authorities for dividends in excess of certain ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 370.85 Td (statutory limitations. Our insurance operations are also subject to applicable state and foreign laws generally governing insurance companies, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 360.05 Td (as well as laws addressing products that are not regulated as insurance, such as vehicle service contracts) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.62 360.05 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 425.87 360.05 Td (and guaranteed asset protection) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 539.07 360.05 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 349.25 Td (waivers.) Tj ET Q BT /F1 9.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 329.25 Td (Investments in ) Tj ET Q q 0 0 0 rg BT 113.95 329.25 Td (Ally) Tj ET Q BT /F2 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 316.45 Td (Because ) Tj ET Q q 0 0 0 rg BT 99.24 316.45 Td (Ally Bank is an insured depository institution and ) Tj ET Q q 0 0 0 rg BT 280.23 316.45 Td (Ally and IB Finance are BHCs, direct or indirect control of uswhether ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 305.65 Td (through the ownership of voting securities, influence over management or policies, or other meansis subject to approvals, conditions, and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 294.85 Td (other restrictions under federal and state laws. Refer to Bank Holding Company) Tj ET Q q 0 0 0 rg BT 336.34 294.85 Td (, Financial Holding Company) Tj ET Q q 0 0 0 rg BT 442.74 294.85 Td (, and Depository Institution ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 284.05 Td (Status earlier in this section. ) Tj ET Q q 0 0 0 rg BT 153.32 284.05 Td (These laws may dif) Tj ET Q q 0 0 0 rg BT 223.38 284.05 Td (fer in their purposes, definitions and presumptions of control, and restrictions, which for ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 273.25 Td (example is the case for the BHC ) Tj ET Q q 0 0 0 rg BT 167.72 273.25 Td (Act and the Change in Bank Control ) Tj ET Q q 0 0 0 rg BT 300.95 273.25 Td (Act. Investors are responsible for ensuring that they do not, directly or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 262.45 Td (indirectly) Tj ET Q q 0 0 0 rg BT 83.40 262.45 Td (, acquire control of us in contravention of these laws.) Tj ET Q BT /F1 9.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 49.50 243.65 Td (Surplus of Insurance Subsidiaries and Subsidiary Regulatory Capital) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 230.85 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.75 230.85 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 149.48 230.85 Td (, ) Tj ET Q q 0 0 0 rg BT 153.48 230.85 Td (Ally did not have any subsidiaries whose regulatory capital was less than the minimum required regulatory ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 220.05 Td (capital amount.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 201.25 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.75 201.25 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 149.48 201.25 Td (, the aggregate capital surplus of insurance subsidiaries was ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 366.41 201.25 Td ($807 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.66 201.25 Td (.) Tj ET Q endstream endobj 15 0 obj <>] /Rotate 0 /Contents 16 0 R>> endobj 16 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (7) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Capital Structur) Tj ET Q q 0 0 0 rg BT 134.28 711.90 Td (e) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (The following table presents ) Tj ET Q q 0 0 0 rg BT 171.98 699.10 Td (Ally Financial Inc.) Tj ET Q q 0 0 0 rg BT 242.21 699.10 Td (s capital components under the Final Capital Rules at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.42 699.10 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.14 699.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 674.60 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 674.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 646.60 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 646.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 618.60 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 618.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 590.60 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 590.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 562.60 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 562.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 534.60 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 534.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 506.60 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 506.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 478.60 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 478.60 82.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 674.6 m 481 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 674.6 m 563 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 604.6 m 481 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 604.6 m 563 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 548.6 m 481 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 548.6 m 563 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 478.6 m 481 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 478.6 m 563 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 464.6 m 481 464.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 464.6 m 563 464.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 450.6 m 481 450.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 481 450.6 m 563 450.6 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 52.50 679.05 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.20 679.05 Td (December) Tj ET Q q 0 0 0 rg BT 524.01 679.05 Td ( 31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 665.06 Td (Common Equity ) Tj ET Q q 0 0 0 rg BT 114.42 665.06 Td (T) Tj ET Q q 0 0 0 rg BT 119.68 665.06 Td (ier 1 capital) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 651.06 Td (Common stock and related surplus) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 651.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 651.05 Td (18,350) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 637.06 Td (Accumulated deficit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.25 637.05 Td (\(4,057) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.50 637.05 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 623.06 Td (Accumulated other comprehensive income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 623.05 Td (123) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 609.06 Td (Adjustments and deductions made to Common Equity ) Tj ET Q q 0 0 0 rg BT 255.65 609.06 Td (T) Tj ET Q q 0 0 0 rg BT 260.91 609.06 Td (ier 1 capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 543.00 609.05 Td (\(579) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.50 609.05 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 595.06 Td (T) Tj ET Q q 0 0 0 rg BT 57.68 595.06 Td (otal Common Equity ) Tj ET Q q 0 0 0 rg BT 135.04 595.06 Td (T) Tj ET Q q 0 0 0 rg BT 140.29 595.06 Td (ier 1 capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 595.05 Td (13,837) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 581.06 Td (Other ) Tj ET Q q 0 0 0 rg BT 75.16 581.06 Td (T) Tj ET Q q 0 0 0 rg BT 80.42 581.06 Td (ier 1 capital) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 567.06 Td (Additional ) Tj ET Q q 0 0 0 rg BT 99.16 567.06 Td (T) Tj ET Q q 0 0 0 rg BT 104.42 567.06 Td (ier 1 capital elements) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 567.05 Td (2,496) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 553.06 Td (Adjustments and deductions made to ) Tj ET Q q 0 0 0 rg BT 193.65 553.06 Td (T) Tj ET Q q 0 0 0 rg BT 198.91 553.06 Td (ier 1 capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 553.05 Td (\(62) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.50 553.05 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 539.06 Td (T) Tj ET Q q 0 0 0 rg BT 57.68 539.06 Td (otal ) Tj ET Q q 0 0 0 rg BT 73.03 539.06 Td (T) Tj ET Q q 0 0 0 rg BT 78.29 539.06 Td (ier 1 capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 539.05 Td (16,271) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 525.06 Td (T) Tj ET Q q 0 0 0 rg BT 57.84 525.06 Td (ier 2 capital) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 511.06 Td (T) Tj ET Q q 0 0 0 rg BT 63.84 511.06 Td (ier 2 capital elements) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 511.05 Td (1,033) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 497.06 Td (Includable allowance for loan and lease losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 497.05 Td (1,264) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 483.06 Td (Adjustments and deductions made to ) Tj ET Q q 0 0 0 rg BT 193.57 483.06 Td (T) Tj ET Q q 0 0 0 rg BT 198.75 483.06 Td (ier 2 capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 483.05 Td (\(62) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.50 483.05 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 469.06 Td (T) Tj ET Q q 0 0 0 rg BT 57.68 469.06 Td (otal ) Tj ET Q q 0 0 0 rg BT 73.03 469.06 Td (T) Tj ET Q q 0 0 0 rg BT 78.29 469.06 Td (ier 2 capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 469.05 Td (2,235) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 455.06 Td (T) Tj ET Q q 0 0 0 rg BT 57.37 455.06 Td (otal capital \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 455.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 455.05 Td (18,506) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 441.50 Td (\(a\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 441.50 Td (For more information, refer to the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 177.91 441.50 Td (December31, 2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 240.78 441.50 Td (, FR ) Tj ET Q q 0 0 0 rg BT 256.27 441.50 Td (Y) Tj ET Q q 0 0 0 rg BT 261.16 441.50 Td (-9C Schedule HC-R.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 422.70 Td (Ally has issued a variety of capital instruments to meet its regulatory capital requirements and to maintain a strong capital base. ) Tj ET Q q 0 0 0 rg BT 528.70 422.70 Td (The ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 411.90 Td (terms and conditions of ) Tj ET Q q 0 0 0 rg BT 135.99 411.90 Td (Ally) Tj ET Q q 0 0 0 rg BT 154.49 411.90 Td (s significant capital instruments are described as follows.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 391.90 Td (Common Stock) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 379.10 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.00 379.10 Td (0.01) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 87.75 379.10 Td ( par value; shares authorized ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 192.96 379.10 Td (1,100,000,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 244.71 379.10 Td (; issued ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.21 379.10 Td (496,957,805) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 319.21 379.10 Td (; and outstanding ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 383.45 379.10 Td (374,331,998) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.45 379.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.43 359.10 Td (rust Pr) Tj ET Q q 0 0 0 rg BT 85.52 359.10 Td (eferr) Tj ET Q q 0 0 0 rg BT 106.42 359.10 Td (ed Securities) Tj ET Q BT /F2 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 345.10 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.75 345.10 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 149.48 345.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.98 345.10 Td (we had issued and outstanding approximately) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.44 345.10 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 338.69 345.10 Td ($2.6 billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.19 345.10 Td ( in aggregate liquidation preference of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 520.12 345.10 Td (8.125%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.87 345.10 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 334.30 Td (Fixed Rate/Floating Rate ) Tj ET Q q 0 0 0 rg BT 142.08 334.30 Td (T) Tj ET Q q 0 0 0 rg BT 147.26 334.30 Td (rust Preferred Securities, Series 2 \(Series2 ) Tj ET Q q 0 0 0 rg BT 303.55 334.30 Td (TRUPS\). Each Series2 ) Tj ET Q q 0 0 0 rg BT 390.12 334.30 Td (TRUPS security has a liquidation amount of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 323.50 Td ($25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 323.50 Td (. Distributions are cumulative and are payable until redemption at the applicable coupon rate. Distributions are payable at an annual rate ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 312.70 Td (equal to three-month London interbank of) Tj ET Q q 0 0 0 rg BT 200.54 312.70 Td (fered rate plus ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 254.27 312.70 Td (5.785%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 282.01 312.70 Td ( payable quarterly in arrears. ) Tj ET Q q 0 0 0 rg BT 386.96 312.70 Td (Ally has the right to defer payments of interest ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 301.90 Td (for a period not exceeding ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 146.21 301.90 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 155.21 301.90 Td (consecutive quarters. ) Tj ET Q q 0 0 0 rg BT 235.52 301.90 Td (The Series2 ) Tj ET Q q 0 0 0 rg BT 282.59 301.90 Td (TRUPS have no stated maturity date, but must be redeemed upon the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 291.10 Td (redemption or maturity of the related debentures \(Debentures\), which mature on February15,2040. ) Tj ET Q q 0 0 0 rg BT 410.64 291.10 Td (Ally at any time may redeem the Series 2 ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 280.30 Td (TRUPS at a redemption price equal to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 189.22 280.30 Td (100%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 210.21 280.30 Td ( of the principal amount being redeemed, plus accrued and unpaid interest through the date of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 269.50 Td (redemption. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 94.83 269.50 Td (The Series2 ) Tj ET Q q 0 0 0 rg BT 141.90 269.50 Td (TRUPS are generally nonvoting, other than with respect to certain limited matters. During any period in which any ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 258.70 Td (Series2 ) Tj ET Q q 0 0 0 rg BT 80.33 258.70 Td (TRUPS remain outstanding but in which distributions on the Series2 ) Tj ET Q q 0 0 0 rg BT 331.91 258.70 Td (TRUPS have not been fully paid, none of ) Tj ET Q q 0 0 0 rg BT 482.63 258.70 Td (Ally or its ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 247.90 Td (subsidiaries will be permitted to \(i\)declare or pay dividends on, make any distributions with respect to, or redeem, purchase, acquire or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 237.10 Td (otherwise make a liquidation payment with respect to, any of ) Tj ET Q q 0 0 0 rg BT 271.19 237.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 289.69 237.10 Td (s capital stock or make any guarantee payment with respect thereto; or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 226.30 Td (\(ii\)make any payments of principal, interest, or premium on, or repay) Tj ET Q q 0 0 0 rg BT 300.84 226.30 Td (, repurchase or redeem, any debt securities or guarantees that rank on a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 215.50 Td (parity with or junior in interest to the Debentures with certain specified exceptions in each case.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 196.70 Td (The Series 2 ) Tj ET Q q 0 0 0 rg BT 114.57 196.70 Td (TRUPS were issued prior to October 4, 2010, under the Emer) Tj ET Q q 0 0 0 rg BT 336.37 196.70 Td (gency Economic Stabilization ) Tj ET Q q 0 0 0 rg BT 446.09 196.70 Td (Act of 2008 and are not subject ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 185.90 Td (to phase-out from additional ) Tj ET Q q 0 0 0 rg BT 153.81 185.90 Td (T) Tj ET Q q 0 0 0 rg BT 158.99 185.90 Td (ier 1 capital into ) Tj ET Q q 0 0 0 rg BT 219.81 185.90 Td (T) Tj ET Q q 0 0 0 rg BT 224.99 185.90 Td (ier 2 capital. ) Tj ET Q q 0 0 0 rg BT 271.81 185.90 Td (The amount of Series 2 ) Tj ET Q q 0 0 0 rg BT 357.87 185.90 Td (TRUPS included in ) Tj ET Q q 0 0 0 rg BT 430.13 185.90 Td (Ally) Tj ET Q q 0 0 0 rg BT 448.63 185.90 Td (s ) Tj ET Q q 0 0 0 rg BT 454.22 185.90 Td (T) Tj ET Q q 0 0 0 rg BT 459.40 185.90 Td (ier 1 capital was ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 520.37 185.90 Td ($2.5 billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 561.88 185.90 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 175.10 Td (at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.25 175.10 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 128.97 175.10 Td (. ) Tj ET Q q 0 0 0 rg BT 133.31 175.10 Td (The amount represents the carrying amount of the Series 2 ) Tj ET Q q 0 0 0 rg BT 346.08 175.10 Td (TRUPS less our common stock investment in the trust.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (Subordinated Debt) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 142.30 Td (Qualifying subordinated debt included in ) Tj ET Q q 0 0 0 rg BT 217.56 142.30 Td (T) Tj ET Q q 0 0 0 rg BT 222.74 142.30 Td (ier 2 capital was ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 283.71 142.30 Td ($1.0 billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.21 142.30 Td ( at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.21 142.30 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 406.93 142.30 Td (. ) Tj ET Q q 0 0 0 rg BT 411.27 142.30 Td (The qualifying subordinated debt ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 131.50 Td (represents subordinated debt issued by ) Tj ET Q q 0 0 0 rg BT 190.22 131.50 Td (Ally with an original term to maturity of five years or greater) Tj ET Q q 0 0 0 rg BT 409.90 131.50 Td (. ) Tj ET Q q 0 0 0 rg BT 414.24 131.50 Td (The subordinated debt had a carrying ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 120.70 Td (value of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 80.99 120.70 Td ($1.0 billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 122.49 120.70 Td ( at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 133.48 120.70 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 204.21 120.70 Td (, a coupon rate of 5.75%, and a maturity date in 2025.) Tj ET Q endstream endobj 17 0 obj <>] /Rotate 0 /Contents 18 0 R>> endobj 18 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (8) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Capital ) Tj ET Q q 0 0 0 rg BT 89.84 711.90 Td (Adequacy) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (Ally has a capital-management framework that adheres to the FRB) Tj ET Q q 0 0 0 rg BT 310.67 699.10 Td (s capital plan rule for an ef) Tj ET Q q 0 0 0 rg BT 406.96 699.10 Td (fective capital adequacy process, as well ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 688.30 Td (as broader FRB risk management and capital management related supervisory guidance.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 669.50 Td (Capital adequacy assessment and management is conducted at both the enterprise and at ) Tj ET Q q 0 0 0 rg BT 386.64 669.50 Td (Ally Bank and frameworks have been ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 658.70 Td (established at both levels. Governance and oversight for each level is provided by the respective Boards of Directors \(Boards\), committees, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 647.90 Td (and management structures.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 627.90 Td (Enterprise Risk Management Framework) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 615.10 Td (The primary goals of ) Tj ET Q q 0 0 0 rg BT 144.98 615.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 163.48 615.10 Td (s Enterprise Risk Management \(ERM\) framework are to ensure that the outcomes of ) Tj ET Q q 0 0 0 rg BT 469.14 615.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 487.64 615.10 Td (s risk-taking ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 604.30 Td (activities are consistent with ) Tj ET Q q 0 0 0 rg BT 153.47 604.30 Td (Ally) Tj ET Q q 0 0 0 rg BT 171.98 604.30 Td (s risk appetite and strategies, and that there is an appropriate balance between risk taking and reward, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 593.50 Td (without jeopardizing tar) Tj ET Q q 0 0 0 rg BT 135.81 593.50 Td (geted capital and liquidity levels.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 574.70 Td (Ally) Tj ET Q q 0 0 0 rg BT 86.00 574.70 Td (s risk-management framework is applied on an enterprise-wide basis and includes the following key components: Governance & ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 563.90 Td (Or) Tj ET Q q 0 0 0 rg BT 58.83 563.90 Td (ganization, Strategy & Risk ) Tj ET Q q 0 0 0 rg BT 160.57 563.90 Td (Appetite, and Risk Management Processes, including Risk Identification and Measurement, Risk Mitigation ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 553.10 Td (and Control, and Risk Monitoring and Reporting.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 534.30 Td (The ERM framework also establishes guidance for maintaining a strong risk-management culture throughout ) Tj ET Q q 0 0 0 rg BT 462.15 534.30 Td (Ally) Tj ET Q q 0 0 0 rg BT 477.56 534.30 Td (. ) Tj ET Q q 0 0 0 rg BT 481.57 534.30 Td (Ally) Tj ET Q q 0 0 0 rg BT 500.07 534.30 Td (s risk culture is ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 523.50 Td (grounded in a top-down risk-governance structure, originating with the Risk Committee \(RC\) of the ) Tj ET Q q 0 0 0 rg BT 411.18 523.50 Td (Ally Board of Directors, and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 512.70 Td (implemented through other Board and management committees down through business-line committees, councils, members of enterprise ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 501.90 Td (management teams, and business-line management teams. Equally important is the bottom-up and cross business identification, assessment, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (and management of risks to provide information and reporting to senior management to appropriately manage and control risk exposures ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 480.30 Td (within ) Tj ET Q q 0 0 0 rg BT 74.25 480.30 Td (Ally) Tj ET Q q 0 0 0 rg BT 92.76 480.30 Td (s established risk appetite.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 461.50 Td (T) Tj ET Q q 0 0 0 rg BT 72.37 461.50 Td (o ef) Tj ET Q q 0 0 0 rg BT 85.95 461.50 Td (fectively manage and monitor the risks of ) Tj ET Q q 0 0 0 rg BT 237.66 461.50 Td (Ally) Tj ET Q q 0 0 0 rg BT 253.07 461.50 Td (, the ERM framework also defines multiple layers of defense that clarify the general ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 450.70 Td (roles and responsibilities of the business-line risk owners, independent risk-management function, and internal audit function. ) Tj ET Q q 0 0 0 rg BT 504.73 450.70 Td (This multiple ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 439.90 Td (layers of defense approach directly supports the balance between risk and return to protect ) Tj ET Q q 0 0 0 rg BT 380.37 439.90 Td (Ally) Tj ET Q q 0 0 0 rg BT 398.87 439.90 Td (s tar) Tj ET Q q 0 0 0 rg BT 413.95 439.90 Td (get capital and liquidity levels. Each ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 429.10 Td (layer has specific responsibilities with respect to the ef) Tj ET Q q 0 0 0 rg BT 246.27 429.10 Td (fectiveness of ) Tj ET Q q 0 0 0 rg BT 297.76 429.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 316.26 429.10 Td (s governance, risk management, and internal controls.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 410.30 Td (Risk appetite is also integral to enterprise risk management. It guides decisions on the types and amount of risk ) Tj ET Q q 0 0 0 rg BT 469.42 410.30 Td (Ally is willing to accept ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 399.50 Td (in executing on its strategic priorities and business objectives. ) Tj ET Q q 0 0 0 rg BT 273.96 399.50 Td (Ally uses a combination of risk appetite statements and measures to provide the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 388.70 Td (basis for risk reporting to ) Tj ET Q q 0 0 0 rg BT 142.24 388.70 Td (Ally management and the Boards. In order to assess capital adequacy) Tj ET Q q 0 0 0 rg BT 391.32 388.70 Td (, risk appetite includes processes to compare ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 377.90 Td (current and projected capital levels \(from baseline forecasting and stress testing\) to regulatory well-capitalized minimums as well as internal ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 367.10 Td (tar) Tj ET Q q 0 0 0 rg BT 58.83 367.10 Td (gets and minimums. In addition, the ERM framework highlights specific processes for appropriate governance, oversight, and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 356.30 Td (accountability for risk appetite.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 337.50 Td (Ally) Tj ET Q q 0 0 0 rg BT 86.00 337.50 Td (s risk-appetite metrics are monitored by the ERM function, and reported to the ERM Committee and the RC. Detailed risk-appetite ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 326.70 Td (metrics are also reported throughout the or) Tj ET Q q 0 0 0 rg BT 202.79 326.70 Td (ganization to various management committees.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 306.70 Td (Capital Planning Practices) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 293.90 Td (The objectives of the capital-planning process are to maintain capital levels that are commensurate with ) Tj ET Q q 0 0 0 rg BT 442.61 293.90 Td (Ally) Tj ET Q q 0 0 0 rg BT 461.11 293.90 Td (s risk profiles, maintain ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 283.10 Td (capital above the minimum regulatory capital ratios and internal minimums, and continue to serve as a source of strength for ) Tj ET Q q 0 0 0 rg BT 499.62 283.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 518.12 283.10 Td (s depository ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 272.30 Td (institution, ) Tj ET Q q 0 0 0 rg BT 90.01 272.30 Td (Ally Bank. In addition, we will continue to maintain capital levels that enable us to meet our obligations to creditors and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 261.50 Td (counterparties and remain a viable finance intermediary during stressful conditions.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 242.70 Td (The capital-adequacy process provides a comprehensive structure to manage capital adequacy across the entire or) Tj ET Q q 0 0 0 rg BT 476.16 242.70 Td (ganization. ) Tj ET Q q 0 0 0 rg BT 517.98 242.70 Td (The process ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 231.90 Td (documents key processes related to assessing the adequacy of ) Tj ET Q q 0 0 0 rg BT 273.18 231.90 Td (Ally) Tj ET Q q 0 0 0 rg BT 291.68 231.90 Td (s capital and planning for short-term and long-term capital needs. It also ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 221.10 Td (incorporates related ef) Tj ET Q q 0 0 0 rg BT 129.79 221.10 Td (forts inclusive of stress testing, material risk identification, risk appetite, modeling, and corporate governance.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 202.30 Td (The capital-adequacy process is designed to be a central integration point for decision-making processes internal to the or) Tj ET Q q 0 0 0 rg BT 504.94 202.30 Td (ganization. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 191.50 Td (Outputs from the capital-adequacy process are used to inform and improve risk appetite and related risk guardrails, as well as initiate capital ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 180.70 Td (discussions and potential capital decisions based on established triggers \(such as internal capital tar) Tj ET Q q 0 0 0 rg BT 406.49 180.70 Td (gets, internal goals/minimums, and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 169.90 Td (regulatory minimums\).) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 149.90 Td (Enterprise-W) Tj ET Q q 0 0 0 rg BT 108.20 149.90 Td (ide Str) Tj ET Q q 0 0 0 rg BT 136.62 149.90 Td (ess ) Tj ET Q q 0 0 0 rg BT 151.17 149.90 Td (T) Tj ET Q q 0 0 0 rg BT 156.92 149.90 Td (esting & Capital Planning) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 137.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 86.00 137.10 Td (s enterprise-wide stress-testing process measures risks throughout the or) Tj ET Q q 0 0 0 rg BT 345.78 137.10 Td (ganization, reflecting a required or internally driven set of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 126.30 Td (economic scenarios, and ultimately influences ) Tj ET Q q 0 0 0 rg BT 217.45 126.30 Td (Ally) Tj ET Q q 0 0 0 rg BT 235.95 126.30 Td (s risk-management and capital-planning practices.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 107.50 Td (Ally conducts various stress tests each year including severe stresses of macroeconomic conditions and idiosyncratic stresses that are ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 96.70 Td (more specific to ) Tj ET Q q 0 0 0 rg BT 109.23 96.70 Td (Ally) Tj ET Q q 0 0 0 rg BT 124.65 96.70 Td (. ) Tj ET Q q 0 0 0 rg BT 128.98 96.70 Td (The results of each stress test are integrated into our capital adequacy assessment and decision-making.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 77.90 Td (Ally has established a centrally coordinated enterprise stress-testing process, with close engagement of senior management and the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 67.10 Td (Boards throughout the process. ) Tj ET Q q 0 0 0 rg BT 163.23 67.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 181.74 67.10 Td (s Enterprise Stress ) Tj ET Q q 0 0 0 rg BT 250.31 67.10 Td (T) Tj ET Q q 0 0 0 rg BT 255.18 67.10 Td (esting and Scenario ) Tj ET Q q 0 0 0 rg BT 327.41 67.10 Td (Analysis \(STSA\) team is a dedicated team within the ERM ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 56.30 Td (function that develops and facilitates stress tests based on an established set of methodologies and appropriately tailored assumptions across ) Tj ET Q endstream endobj 19 0 obj <>] /Rotate 0 /Contents 20 0 R>> endobj 20 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 33.60 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 713.80 Td (Ally and its subsidiaries. ) Tj ET Q q 0 0 0 rg BT 140.25 713.80 Td (A) Tj ET Q q 0 0 0 rg BT 146.25 713.80 Td ( centrally managed process helps ensure ef) Tj ET Q q 0 0 0 rg BT 300.02 713.80 Td (fective oversight and control, and is conducive to providing consistent ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 703.00 Td (output that can inform strategic decisions on an ongoing basis.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 684.20 Td (The STSA) Tj ET Q q 0 0 0 rg BT 105.25 684.20 Td ( team coordinates the development of scenarios, analyzes and challenges results and supporting documentation, as well as ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 673.40 Td (prepares summary reporting materials for internal and external parties.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 654.60 Td (The following table presents ) Tj ET Q q 0 0 0 rg BT 171.98 654.60 Td (Ally) Tj ET Q q 0 0 0 rg BT 190.48 654.60 Td (s R) Tj ET Q q 0 0 0 rg BT 201.74 654.60 Td (W) Tj ET Q q 0 0 0 rg BT 209.23 654.60 Td (As by exposure type calculated under the Final Capital Rules at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.42 654.60 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 511.15 654.60 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 630.10 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 630.10 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 602.10 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 602.10 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 574.10 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 574.10 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 546.10 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 546.10 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 518.10 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 518.10 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 490.10 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 490.10 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 462.10 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 462.10 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 434.10 431.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 434.10 82.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 630.1 m 481 630.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 630.1 m 563 630.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 434.1 m 481 434.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 434.1 m 563 434.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 420.1 m 481 420.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 481 420.1 m 563 420.1 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 52.50 634.55 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.20 634.55 Td (December) Tj ET Q q 0 0 0 rg BT 524.01 634.55 Td ( 31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 620.56 Td (Exposures to government-sponsored enterprises) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 620.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 620.55 Td (4,1) Tj ET Q q 0 0 0 rg BT 550.50 620.55 Td (12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 606.56 Td (Exposures to depository institutions and foreign banks) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 606.55 Td (141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 592.56 Td (Exposures to public-sector entities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 592.55 Td (282) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 578.56 Td (Corporate exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 578.55 Td (38,822) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 564.56 Td (Retail exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 564.55 Td (71,871) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 550.56 Td (Residential mortgage exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 550.55 Td (8,976) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 536.56 Td (High volatility commercial real estate loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 536.55 Td (264) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 522.56 Td (Past due loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 522.55 Td (1,469) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 508.56 Td (Other assets \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 508.55 Td (13,958) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 494.56 Td (Securitization exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 494.55 Td (936) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 480.56 Td (Equity exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 480.55 Td (1,947) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 466.56 Td (Other of) Tj ET Q q 0 0 0 rg BT 82.66 466.56 Td (f-balance sheet items) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 466.55 Td (2,238) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 452.56 Td (Over) Tj ET Q q 0 0 0 rg BT 70.40 452.56 Td (-the-counter derivatives) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 452.55 Td (47) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 438.56 Td (Cleared transactions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 555.00 438.55 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 424.56 Td (T) Tj ET Q q 0 0 0 rg BT 57.37 424.56 Td (otal standardized risk-weighted assets \(b\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 424.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 424.55 Td (145,072) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 411.00 Td (\(a\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 411.00 Td (Includes investments in operating leases with an R) Tj ET Q q 0 0 0 rg BT 229.02 411.00 Td (W) Tj ET Q q 0 0 0 rg BT 235.69 411.00 Td (A) Tj ET Q q 0 0 0 rg BT 241.02 411.00 Td ( amount of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 277.68 411.00 Td ($8.9 billion) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 314.57 411.00 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 401.40 Td (\(b\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 401.40 Td (For more information, refer to Schedule HC-R of our FR ) Tj ET Q q 0 0 0 rg BT 251.39 401.40 Td (Y) Tj ET Q q 0 0 0 rg BT 256.28 401.40 Td (-9C for ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 281.61 401.40 Td (December31, 2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 344.48 401.40 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 382.60 Td (The following table summarizes the capital ratios for ) Tj ET Q q 0 0 0 rg BT 259.94 382.60 Td (Ally and its depository subsidiary) Tj ET Q q 0 0 0 rg BT 380.85 382.60 Td (, ) Tj ET Q q 0 0 0 rg BT 384.85 382.60 Td (Ally Bank.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 340.10 295.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 340.10 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 340.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 340.10 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 340.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 340.10 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 340.1 m 345 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 340.1 m 415 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 340.1 m 419 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 340.1 m 489 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 340.1 m 493 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 340.1 m 563 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 340.1 m 415 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 340.1 m 489 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 340.1 m 563 340.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 312.1 m 345 312.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 345 312.1 m 415 312.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 415 312.1 m 419 312.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 419 312.1 m 489 312.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 489 312.1 m 493 312.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 493 312.1 m 563 312.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 344.55 Td (December) Tj ET Q q 0 0 0 rg BT 91.31 344.55 Td ( 31, 2019) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.60 362.55 Td (Common Equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 353.55 Td (T) Tj ET Q q 0 0 0 rg BT 373.92 353.55 Td (ier) Tj ET Q q 0 0 0 rg BT 384.25 353.55 Td ( 1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.10 344.55 Td (capital ratio) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.00 353.55 Td (T) Tj ET Q q 0 0 0 rg BT 447.92 353.55 Td (ier) Tj ET Q q 0 0 0 rg BT 458.25 353.55 Td ( 1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.10 344.55 Td (capital ratio) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.50 353.55 Td (T) Tj ET Q q 0 0 0 rg BT 501.68 353.55 Td (otal risk-based) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.10 344.55 Td (capital ratio) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 330.56 Td (Ally Financial Inc.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 330.55 Td (9.54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 330.55 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.25 330.55 Td (1) Tj ET Q q 0 0 0 rg BT 463.75 330.55 Td (1.22) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 330.55 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 533.25 330.55 Td (12.76) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 553.50 330.55 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 316.56 Td (Ally Bank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.25 316.55 Td (12.30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.25 316.55 Td (12.30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 533.25 316.55 Td (13.21) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 21 0 obj <>] /Rotate 0 /Contents 22 0 R>> endobj 22 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (10) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Capital Conservation Buffer) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (As part of the Basel III capital requirements, ) Tj ET Q q 0 0 0 rg BT 229.69 699.10 Td (Ally must maintain a capital conservation buf) Tj ET Q q 0 0 0 rg BT 393.99 699.10 Td (fer of greater than 2.5% in order to not be ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 688.30 Td (subject to any limitation on distributions and discretionary bonus payments. ) Tj ET Q q 0 0 0 rg BT 324.55 688.30 Td (The capital conservation buf) Tj ET Q q 0 0 0 rg BT 427.10 688.30 Td (fer is composed solely of Common ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 677.50 Td (Equity ) Tj ET Q q 0 0 0 rg BT 75.59 677.50 Td (T) Tj ET Q q 0 0 0 rg BT 80.77 677.50 Td (ier 1 capital and is equal to the lowest of the reported Common Equity ) Tj ET Q q 0 0 0 rg BT 336.04 677.50 Td (T) Tj ET Q q 0 0 0 rg BT 341.22 677.50 Td (ier 1, ) Tj ET Q q 0 0 0 rg BT 361.80 677.50 Td (T) Tj ET Q q 0 0 0 rg BT 366.98 677.50 Td (ier 1, or total capital ratios, minus the minimum ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 666.70 Td (capital requirement for each respective ratio.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 647.90 Td (Failure to maintain the full amount of the buf) Tj ET Q q 0 0 0 rg BT 230.30 647.90 Td (fer would result in restrictions on ) Tj ET Q q 0 0 0 rg BT 351.78 647.90 Td (Ally) Tj ET Q q 0 0 0 rg BT 370.28 647.90 Td (s ability to make capital distributions, including ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 637.10 Td (dividend payments and stock repurchases and redemptions, and to pay discretionary bonuses to executive of) Tj ET Q q 0 0 0 rg BT 438.98 637.10 Td (ficers.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 618.30 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.75 618.30 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 149.48 618.30 Td (, ) Tj ET Q q 0 0 0 rg BT 153.48 618.30 Td (Ally) Tj ET Q q 0 0 0 rg BT 171.98 618.30 Td (s capital conservation buf) Tj ET Q q 0 0 0 rg BT 264.04 618.30 Td (fer was ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.52 618.30 Td (4.76%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.77 618.30 Td (, which exceeded the requirement. ) Tj ET Q q 0 0 0 rg BT 440.96 618.30 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 485.37 618.30 Td (, ) Tj ET Q q 0 0 0 rg BT 489.37 618.30 Td (Ally is not subject ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 607.50 Td (to any limitations on distributions and discretionary bonus payments, and it is also not subject to a maximum payout amount equal to eligible ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 596.70 Td (retained income multiplied by the applicable maximum payout ratio.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 577.90 Td (Eligible retained income is defined under Basel III as net income for the four quarters preceding the current calendar quarter) Tj ET Q q 0 0 0 rg BT 514.70 577.90 Td (, net of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 567.10 Td (distributions and associated tax ef) Tj ET Q q 0 0 0 rg BT 171.31 567.10 Td (fects not already reflected in net income. ) Tj ET Q q 0 0 0 rg BT 319.74 567.10 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.99 567.10 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.72 567.10 Td (, ) Tj ET Q q 0 0 0 rg BT 405.72 567.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 424.22 567.10 Td (s eligible retained income was ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 556.30 Td (calculated to be ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 108.22 556.30 Td ($309 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 154.47 556.30 Td (, which consisted of net income of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.44 556.30 Td ($1.6 billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 321.94 556.30 Td (, net of distributions related to repurchases of and cash dividends ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 545.50 Td (on common stock totaling ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 145.49 545.50 Td ($1.3 billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 186.99 545.50 Td (.) Tj ET Q endstream endobj 23 0 obj <>] /Rotate 0 /Contents 24 0 R>> endobj 24 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 33.60 Td (1) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Cr) Tj ET Q q 0 0 0 rg BT 63.28 711.90 Td (edit Risk) Tj ET Q BT /F2 12.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (For qualitative discussion surrounding our credit-risk-management policies, procedures, and practices, refer to the Risk Management ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 688.30 Td (section within Management) Tj ET Q q 0 0 0 rg BT 151.98 688.30 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 214.23 688.30 Td (Analysis of Financial Condition and Results of Operations \(MD&A\) in our ) Tj ET Q q 0 0 0 rg BT 486.45 688.30 Td (Annual Report on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 677.50 Td (Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 159.46 677.50 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 230.19 677.50 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 658.70 Td (For a description of our accounting policies for \(i\) determining past due or delinquency status, \(ii\) placing loans on nonaccrual status, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 647.90 Td (\(iii\) returning loans to accrual status, \(iv\) identifying impaired loans, \(v\) estimating our allowance for loan and lease losses, and \(vi\) char) Tj ET Q q 0 0 0 rg BT 542.18 647.90 Td (ging-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 637.10 Td (of) Tj ET Q q 0 0 0 rg BT 56.83 637.10 Td (f uncollectible amounts, refer to the section titled ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 236.03 637.10 Td (Significant ) Tj ET Q q 0 0 0 rg BT 277.11 637.10 Td (Accounting Policies) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.34 637.10 Td ( within Note 1 to the Consolidated Financial Statements in ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 626.30 Td (our ) Tj ET Q q 0 0 0 rg BT 63.25 626.30 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 239.95 626.30 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 310.68 626.30 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 607.50 Td (The following table summarizes, by counterparty type and domicile, total and average balances for our significant asset classes exposed ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 596.70 Td (to credit risk.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 549.20 140.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.00 549.20 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.00 549.20 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 549.20 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 549.20 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 549.20 41.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 549.20 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.00 549.20 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 549.20 39.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 549.20 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 549.20 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 549.20 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 521.20 140.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.00 521.20 36.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.00 521.20 36.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 521.20 47.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 521.20 40.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 521.20 41.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 521.20 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.00 521.20 40.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 521.20 39.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 521.20 40.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 521.20 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 521.20 46.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 484.20 140.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.00 484.20 36.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.00 484.20 36.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 484.20 47.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 484.20 40.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 484.20 41.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 484.20 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.00 484.20 40.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 484.20 39.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 484.20 40.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 484.20 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 484.20 46.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 447.20 140.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.00 447.20 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.00 447.20 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 447.20 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 447.20 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 447.20 41.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 447.20 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.00 447.20 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 447.20 39.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 447.20 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 447.20 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 517.00 447.20 46.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190 572.2 m 226 572.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226 572.2 m 262 572.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262 572.2 m 309 572.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 572.2 m 349 572.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 572.2 m 390 572.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394 572.2 m 434 572.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 572.2 m 473 572.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 572.2 m 513 572.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 549.2 m 190 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190 549.2 m 226 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226 549.2 m 262 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262 549.2 m 309 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 549.2 m 349 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 549.2 m 390 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390 549.2 m 394 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394 549.2 m 434 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 549.2 m 473 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 549.2 m 513 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 549.2 m 517 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 549.2 m 563 549.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 447.2 m 190 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190 447.2 m 226 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226 447.2 m 262 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262 447.2 m 309 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 447.2 m 349 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 447.2 m 390 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390 447.2 m 394 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394 447.2 m 434 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 447.2 m 473 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 447.2 m 513 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 447.2 m 517 447.2 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 517 447.2 m 563 447.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 433.2 m 190 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 190 433.2 m 226 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 226 433.2 m 262 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 262 433.2 m 309 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 309 433.2 m 349 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 349 433.2 m 390 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 390 433.2 m 394 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 394 433.2 m 434 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 434 433.2 m 473 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 473 433.2 m 513 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 513 433.2 m 517 433.2 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 517 433.2 m 563 433.2 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 253.60 576.65 Td (Counterparty type) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.00 576.65 Td (Domicile) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 553.65 Td (December) Tj ET Q q 0 0 0 rg BT 91.31 553.65 Td ( 31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 125.06 553.65 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 127.31 553.65 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 195.45 553.65 Td (Banks) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 231.20 562.65 Td (Public) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.05 553.65 Td (sector) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 265.00 562.65 Td (Corporate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.70 553.65 Td (& Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 553.65 Td (Retail) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 359.15 553.65 Td (T) Tj ET Q q 0 0 0 rg BT 364.74 553.65 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.45 562.65 Td (United) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.00 553.65 Td (States) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.45 562.65 Td (Non-) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.95 553.65 Td (U.S.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.65 553.65 Td (T) Tj ET Q q 0 0 0 rg BT 488.24 553.65 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 562.65 Td (Quarterly) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.50 553.65 Td (average) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 539.66 Td (Exposure) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 525.66 Td (Debt securities \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 192.50 525.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 209.00 525.65 Td (365) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.50 525.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 238.25 525.65 Td (6,404) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 525.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.75 525.65 Td (25,083) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.50 525.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.50 525.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.50 525.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.75 525.65 Td (31,852) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.50 525.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.75 525.65 Td (31,732) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.50 525.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.00 525.65 Td (120) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.50 525.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.75 525.65 Td (31,852) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.50 525.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 525.65 Td (32,003) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 511.66 Td (Finance receivables and loans, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 70.50 502.66 Td (of unearned income \(b\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.50 502.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 249.50 502.65 Td (57) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.75 502.65 Td (38,378) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.75 502.65 Td (89,954) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.25 502.65 Td (128,389) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.25 502.65 Td (128,292) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.50 502.65 Td (97) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.25 502.65 Td (128,389) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 502.65 Td (127,589) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 488.66 Td (Operating leases) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.50 488.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 249.50 488.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.50 488.65 Td (19) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.25 488.65 Td (8,845) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.25 488.65 Td (8,864) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.25 488.65 Td (8,864) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.50 488.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.25 488.65 Td (8,864) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 488.65 Td (8,749) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 474.66 Td (Over) Tj ET Q q 0 0 0 rg BT 79.31 474.66 Td (-the-counter derivative) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 70.50 465.66 Td (contracts \(at fair value\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.50 465.65 Td (55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 249.50 465.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.00 465.65 Td (9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.50 465.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.50 465.65 Td (64) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 421.50 465.65 Td (64) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.50 465.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.50 465.65 Td (64) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 465.65 Td (78) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 451.66 Td (Unfunded commitments) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.50 451.65 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 249.50 451.65 Td (29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.25 451.65 Td (4,986) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.00 451.65 Td (541) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.25 451.65 Td (5,556) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.25 451.65 Td (5,477) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.50 451.65 Td (79) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.25 451.65 Td (5,556) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 451.65 Td (5,471) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 437.66 Td (T) Tj ET Q q 0 0 0 rg BT 57.37 437.66 Td (otal credit risk exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 192.50 437.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 209.00 437.65 Td (420) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.50 437.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 238.25 437.65 Td (6,490) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 437.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.75 437.65 Td (68,475) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.50 437.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.75 437.65 Td (99,340) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.50 437.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.25 437.65 Td (174,725) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.50 437.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 401.25 437.65 Td (174,429) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.50 437.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.00 437.65 Td (296) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.50 437.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.25 437.65 Td (174,725) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.50 437.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 437.65 Td (173,890) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 424.10 Td (\(a\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 424.10 Td (Includes available-for) Tj ET Q q 0 0 0 rg BT 137.30 424.10 Td (-sale securities presented at fair value, and held-to-maturity securities presented at amortized cost of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 459.62 424.10 Td ($1.6 billion) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 496.51 424.10 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 414.50 Td (\(b\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 414.50 Td (Refer to the Risk Management section within MD&A) Tj ET Q q 0 0 0 rg BT 239.25 414.50 Td ( in our ) Tj ET Q q 0 0 0 rg BT 261.70 414.50 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 418.77 414.50 Td (December31, 2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.63 414.50 Td (, for state concentration ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 404.90 Td (risk of our consumer and commercial loan portfolios.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 386.10 Td (The following table summarizes the remaining contractual maturity delineation of our significant asset classes exposed to credit risk.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 343.60 253.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 343.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 343.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 343.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 343.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 315.60 253.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 315.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 315.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 315.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 315.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 287.60 253.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 287.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 287.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 287.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 287.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 259.60 253.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 259.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 259.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 259.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 259.60 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 343.6 m 303 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303 343.6 m 368 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 343.6 m 433 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 343.6 m 498 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 343.6 m 563 343.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 259.6 m 303 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303 259.6 m 368 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 259.6 m 433 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433 259.6 m 498 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 259.6 m 563 259.6 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 245.60000000000002 m 303 245.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 303 245.60000000000002 m 368 245.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 368 245.60000000000002 m 433 245.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 433 245.60000000000002 m 498 245.60000000000002 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 498 245.60000000000002 m 563 245.60000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 348.05 Td (December) Tj ET Q q 0 0 0 rg BT 91.31 348.05 Td ( 31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 125.06 348.05 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 127.31 348.05 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.15 357.05 Td (One year) Tj ET Q q 0 0 0 rg BT 347.31 357.05 Td ( or) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.25 348.05 Td (less) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.40 366.05 Td (After) Tj ET Q q 0 0 0 rg BT 392.80 366.05 Td ( one year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.45 357.05 Td (thr) Tj ET Q q 0 0 0 rg BT 388.37 357.05 Td (ough five) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 348.05 Td (years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.70 357.05 Td (After) Tj ET Q q 0 0 0 rg BT 467.10 357.05 Td ( five) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.75 348.05 Td (years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.15 348.05 Td (T) Tj ET Q q 0 0 0 rg BT 525.33 348.05 Td (otal) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 334.06 Td (Exposure) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 320.06 Td (Debt securities \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.50 320.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.00 320.05 Td (247) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 370.50 320.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.25 320.05 Td (2,651) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.50 320.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 320.05 Td (28,954) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.50 320.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.75 320.05 Td (31,852) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 306.06 Td (Finance receivables and loans, net of unearned income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.75 306.05 Td (29,042) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.75 306.05 Td (49,389) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 306.05 Td (49,958) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 306.05 Td (128,389) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 292.06 Td (Operating leases) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.25 292.05 Td (2,066) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.25 292.05 Td (6,798) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.50 292.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 292.05 Td (8,864) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 278.06 Td (Over) Tj ET Q q 0 0 0 rg BT 79.31 278.06 Td (-the-counter derivative contracts \(at fair value\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.00 278.05 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 420.50 278.05 Td (62) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.50 278.05 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 278.05 Td (64) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 264.06 Td (Unfunded commitments) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.25 264.05 Td (2,247) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.25 264.05 Td (2,807) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.00 264.05 Td (502) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 264.05 Td (5,556) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 250.06 Td (T) Tj ET Q q 0 0 0 rg BT 57.37 250.06 Td (otal credit risk exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.50 250.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.75 250.05 Td (33,604) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 370.50 250.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.75 250.05 Td (61,707) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.50 250.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 250.05 Td (79,414) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.50 250.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 250.05 Td (174,725) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 236.50 Td (\(a\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 236.50 Td (Includes available-for) Tj ET Q q 0 0 0 rg BT 137.30 236.50 Td (-sale securities presented at fair value, and held-to-maturity securities presented at amortized cost of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 459.62 236.50 Td ($1.6 billion) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 496.51 236.50 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 217.70 Td (The following table presents the gross carrying value of loans in our held-for) Tj ET Q q 0 0 0 rg BT 344.24 217.70 Td (-investment portfolio that have been impaired or that are 90 ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 206.90 Td (days or more past due.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 173.40 223.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.00 173.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 173.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 173.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 173.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 173.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 145.40 223.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.00 145.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 145.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 145.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 145.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 145.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 117.40 223.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.00 117.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.00 117.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 117.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 117.40 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.00 117.40 58.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 173.39999999999998 m 273 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 173.39999999999998 m 331 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331 173.39999999999998 m 389 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 173.39999999999998 m 447 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 173.39999999999998 m 505 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 173.39999999999998 m 563 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 173.39999999999998 m 331 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331 173.39999999999998 m 389 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 173.39999999999998 m 447 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 173.39999999999998 m 505 173.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 145.39999999999998 m 273 145.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 145.39999999999998 m 331 145.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331 145.39999999999998 m 389 145.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 145.39999999999998 m 447 145.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 145.39999999999998 m 505 145.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 145.39999999999998 m 563 145.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 131.39999999999998 m 273 131.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 273 131.39999999999998 m 331 131.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331 145.39999999999998 m 389 145.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 331 131.39999999999998 m 389 131.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 145.39999999999998 m 447 145.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 389 131.39999999999998 m 447 131.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 447 131.39999999999998 m 505 131.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 505 131.39999999999998 m 563 131.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 331 131.39999999999998 m 389 131.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 389 131.39999999999998 m 447 131.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 447 131.39999999999998 m 505 131.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 103.39999999999998 m 273 103.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273 103.39999999999998 m 331 103.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331 103.39999999999998 m 389 103.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 103.39999999999998 m 447 103.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 103.39999999999998 m 505 103.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505 103.39999999999998 m 563 103.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 89.39999999999998 m 273 89.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 273 89.39999999999998 m 331 89.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331 103.39999999999998 m 389 103.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 331 89.39999999999998 m 389 89.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 103.39999999999998 m 447 103.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 389 89.39999999999998 m 447 89.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 447 89.39999999999998 m 505 89.39999999999998 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 505 89.39999999999998 m 563 89.39999999999998 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 177.85 Td (December) Tj ET Q q 0 0 0 rg BT 91.31 177.85 Td ( 31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 125.06 177.85 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 127.31 177.85 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.55 186.85 Td (Consumer) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.00 177.85 Td (automotive) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.55 186.85 Td (Consumer) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.25 177.85 Td (mortgage) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.55 186.85 Td (Consumer) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.30 177.85 Td (other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.80 177.85 Td (Commer) Tj ET Q q 0 0 0 rg BT 485.70 177.85 Td (cial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.65 177.85 Td (T) Tj ET Q q 0 0 0 rg BT 528.83 177.85 Td (otal) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 163.86 Td (Impaired loans with related allowance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.50 163.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 163.85 Td (425) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 163.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 163.85 Td (138) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.50 163.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.50 163.85 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.50 163.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.00 163.85 Td (137) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.50 163.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 163.85 Td (700) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 149.86 Td (Impaired loans without a related allowance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 149.85 Td (1) Tj ET Q q 0 0 0 rg BT 318.50 149.85 Td (13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.50 149.85 Td (70) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.50 149.85 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.50 149.85 Td (78) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 149.85 Td (261) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 135.86 Td (T) Tj ET Q q 0 0 0 rg BT 57.68 135.86 Td (otal impaired loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.50 135.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 135.85 Td (538) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 135.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 135.85 Td (208) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.50 135.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.50 135.85 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.50 135.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.00 135.85 Td (215) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.50 135.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 135.85 Td (961) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 121.86 Td (Loans 90 days or more past due nonaccrual) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.50 121.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 121.85 Td (367) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 121.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.50 121.85 Td (37) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.50 121.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.00 121.85 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.50 121.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.50 121.85 Td (49) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.50 121.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 121.85 Td (455) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 107.86 Td (Loans 90 days or more past due still accruing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 107.85 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.50 107.85 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.50 107.85 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.50 107.85 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 107.85 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 93.86 Td (T) Tj ET Q q 0 0 0 rg BT 57.37 93.86 Td (otal loans 90 days or more past due) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.50 93.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 93.85 Td (367) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 93.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.50 93.85 Td (37) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.50 93.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.00 93.85 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.50 93.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.50 93.85 Td (49) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.50 93.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 93.85 Td (455) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 25 0 obj <>] /Rotate 0 /Contents 26 0 R>> endobj 26 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 713.80 Td (The following table presents an analysis of the activity in our allowance for loan losses.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 680.30 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 680.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 680.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.00 680.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 680.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 680.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 680.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 680.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 680.30 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 680.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 680.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 652.30 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 652.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 652.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.00 652.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 652.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 652.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 652.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 652.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 652.30 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 652.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 652.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 624.30 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 624.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 624.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.00 624.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 624.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 624.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 624.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 624.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 624.30 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 624.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 624.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 596.30 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 596.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 596.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.00 596.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 596.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 596.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 596.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 596.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 596.30 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 596.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 596.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 568.30 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 568.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 568.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.00 568.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 568.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 568.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 568.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 568.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 568.30 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 568.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 568.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 540.30 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 540.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 540.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.00 540.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 540.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 540.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 540.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 540.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 540.30 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 540.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 540.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 512.30 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 512.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 512.30 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.00 512.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 512.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 512.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 512.30 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 512.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 512.30 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 512.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 512.30 50.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 680.3 m 292 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 680.3 m 296 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 680.3 m 346 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346 680.3 m 350 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 680.3 m 398 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 680.3 m 402 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 680.3 m 450 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 680.3 m 454 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 680.3 m 509 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 680.3 m 513 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 680.3 m 563 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 680.3 m 292 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 680.3 m 296 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 680.3 m 346 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346 680.3 m 350 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 680.3 m 398 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 680.3 m 402 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 680.3 m 450 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 680.3 m 454 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 680.3 m 509 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 680.3 m 513 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 680.3 m 563 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 638.3 m 292 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 638.3 m 296 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 638.3 m 346 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346 638.3 m 350 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 638.3 m 398 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 638.3 m 402 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 638.3 m 450 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 638.3 m 454 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 638.3 m 509 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 638.3 m 513 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 638.3 m 563 638.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 596.3 m 292 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292 596.3 m 296 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 596.3 m 346 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346 596.3 m 350 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 596.3 m 398 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 596.3 m 402 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 596.3 m 450 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 596.3 m 454 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 596.3 m 509 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 596.3 m 513 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 596.3 m 563 596.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 596.3 m 292 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 582.3 m 292 582.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 292 582.3 m 296 582.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 296 582.3 m 346 582.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346 596.3 m 350 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 346 582.3 m 350 582.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 596.3 m 398 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 350 582.3 m 398 582.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 596.3 m 402 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 398 582.3 m 402 582.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 596.3 m 450 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 402 582.3 m 450 582.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 596.3 m 454 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 450 582.3 m 454 582.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 596.3 m 509 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 454 582.3 m 509 582.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509 596.3 m 513 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 509 582.3 m 513 582.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 596.3 m 563 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 513 582.3 m 563 582.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 484.3 m 292 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 292 484.3 m 296 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 296 484.3 m 346 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 346 484.3 m 350 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 350 484.3 m 398 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 398 484.3 m 402 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 402 484.3 m 450 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 450 484.3 m 454 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 454 484.3 m 509 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 509 484.3 m 513 484.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 513 484.3 m 563 484.3 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 684.75 Td (Thr) Tj ET Q q 0 0 0 rg BT 67.34 684.75 Td (ee months ended December) Tj ET Q q 0 0 0 rg BT 172.40 684.75 Td ( 31, 2019 ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 208.40 684.75 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.55 693.75 Td (Consumer) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.00 684.75 Td (automotive) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.55 693.75 Td (Consumer) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.25 684.75 Td (mortgage) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.55 693.75 Td (Consumer) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.30 684.75 Td (other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.30 684.75 Td (Commer) Tj ET Q q 0 0 0 rg BT 491.20 684.75 Td (cial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.65 684.75 Td (T) Tj ET Q q 0 0 0 rg BT 532.83 684.75 Td (otal) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 670.76 Td (Allowance at October 1, 2019) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 670.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 670.75 Td (1,090) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 670.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.50 670.75 Td (44) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.50 670.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.50 670.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 670.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.00 670.75 Td (143) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.50 670.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 670.75 Td (1,277) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 656.76 Td (Char) Tj ET Q q 0 0 0 rg BT 75.91 656.76 Td (ge-of) Tj ET Q q 0 0 0 rg BT 94.74 656.76 Td (fs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.00 656.75 Td (\(396) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.50 656.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.00 656.75 Td (\(2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.50 656.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.00 656.75 Td (\(5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.50 656.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.50 656.75 Td (\(16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 505.50 656.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 543.00 656.75 Td (\(419) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.50 656.75 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 642.76 Td (Recoveries) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 642.75 Td (125) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.00 642.75 Td (4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.50 642.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.50 642.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 642.75 Td (129) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 628.76 Td (Net char) Tj ET Q q 0 0 0 rg BT 89.15 628.76 Td (ge-of) Tj ET Q q 0 0 0 rg BT 107.98 628.76 Td (fs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.00 628.75 Td (\(271) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.50 628.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.00 628.75 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.00 628.75 Td (\(5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.50 628.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.50 628.75 Td (\(16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 505.50 628.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 543.00 628.75 Td (\(290) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.50 628.75 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 614.76 Td (Provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 614.75 Td (256) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.50 614.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.50 614.75 Td (14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.00 614.75 Td (6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 614.75 Td (276) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 600.76 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 600.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.50 600.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.50 600.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.50 600.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 600.75 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 586.76 Td (Allowance at December 31, 2019) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 586.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 586.75 Td (1,075) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 586.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.50 586.75 Td (46) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.50 586.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.00 586.75 Td (9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 586.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.00 586.75 Td (133) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.50 586.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 586.75 Td (1,263) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 572.76 Td (Allowance for loan losses at December 31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 558.76 Td (Individually evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 558.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 558.75 Td (38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 558.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.50 558.75 Td (18) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.50 558.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.50 558.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 558.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.50 558.75 Td (33) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.50 558.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 558.75 Td (89) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 544.76 Td (Collectively evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 544.75 Td (1,037) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.50 544.75 Td (28) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.00 544.75 Td (9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.00 544.75 Td (100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 544.75 Td (1,174) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 530.76 Td (Finance receivables and loans at gross carrying value) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 516.76 Td (Ending balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 516.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 516.75 Td (72,390) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 516.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.75 516.75 Td (17,322) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.50 516.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.00 516.75 Td (201) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 516.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.75 516.75 Td (38,307) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.50 516.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 516.75 Td (128,220) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 502.76 Td (Individually evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 502.75 Td (538) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 502.75 Td (208) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.50 502.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.00 502.75 Td (215) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 502.75 Td (961) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 488.76 Td (Collectively evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 488.75 Td (71,852) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.75 488.75 Td (17,1) Tj ET Q q 0 0 0 rg BT 385.50 488.75 Td (14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.00 488.75 Td (201) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.75 488.75 Td (38,092) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.25 488.75 Td (127,259) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 27 0 obj <>] /Rotate 0 /Contents 28 0 R>> endobj 28 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (13) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Counterparty Cr) Tj ET Q q 0 0 0 rg BT 136.93 711.90 Td (edit Risk) Tj ET Q BT /F2 12.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (Counterparty credit risk is the risk that a counterparty to a financial transaction may be unable or unwilling to fulfill its contractual ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 688.30 Td (obligation, which could potentially lead to financial losses for ) Tj ET Q q 0 0 0 rg BT 273.95 688.30 Td (Ally) Tj ET Q q 0 0 0 rg BT 289.37 688.30 Td (. Counterparty credit risk at ) Tj ET Q q 0 0 0 rg BT 390.34 688.30 Td (Ally arises primarily from conventional ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 677.50 Td (treasury activities including derivatives and securities financing transactions.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 658.70 Td (Credit risk associated with derivative financial instruments is measured as the net replacement cost should the counterparties that owe us ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 647.90 Td (under the contract completely fail to perform under the terms of those contracts, assuming no recoveries of underlying collateral as measured ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 637.10 Td (by the market value of the derivative financial instrument.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 618.30 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 618.30 Td (e periodically enter into term repurchase agreementsshort-term borrowing agreements in which we sell securities to one or more ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 607.50 Td (investors while simultaneously committing to repurchase them at a specified future date, at the stated price plus accrued interest.) Tj ET Q BT /F1 9.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 587.50 Td (Risk Reduction) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 574.70 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 574.70 Td (e manage our risk to financial counterparties through internal credit analysis, limits, and monitoring. ) Tj ET Q q 0 0 0 rg BT 438.43 574.70 Td (Additionally) Tj ET Q q 0 0 0 rg BT 483.34 574.70 Td (, derivatives and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 563.90 Td (repurchase agreements are entered into with approved counterparties using industry standard agreements.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 545.10 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 545.10 Td (e execute certain over) Tj ET Q q 0 0 0 rg BT 153.79 545.10 Td (-the-counter \(OTC\) derivatives such as interest rate caps and floors using bilateral agreements with financial ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 534.30 Td (counterparties. Bilateral agreements generally require both parties to post collateral in the event the fair values of the derivative financial ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 523.50 Td (instruments meet posting thresholds established under the agreements. In the event that either party defaults on the obligation, the secured ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 512.70 Td (party may seize the collateral. Payments related to the exchange of collateral for OTC derivatives are recognized as collateral.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 493.90 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 493.90 Td (e also execute certain derivatives such as interest rate swaps with clearinghouses, which requires us to post and receive collateral. For ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 483.10 Td (these clearinghouse derivatives, these payments are recognized as settlements rather than collateral.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 464.30 Td (Certain derivative instruments contain provisions that require us to either post additional collateral or immediately settle any outstanding ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 453.50 Td (liability balances upon the occurrence of a specified credit-risk-related event. No such specified credit-risk-related events occurred) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 519.79 453.50 Td ( during the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 442.70 Td (fourth quarter of 2019.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 423.90 Td (The primary risk associated with these repurchase agreements is that the counterparty will be unable to perform under the terms of the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (contract. For transactions in which we are the borrower) Tj ET Q q 0 0 0 rg BT 248.32 413.10 Td (, we may be exposed to the excess market value of the securities pledged over the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 402.30 Td (amount borrowed. Daily mark-to-market collateral management is designed to limit this risk to the initial mar) Tj ET Q q 0 0 0 rg BT 444.23 402.30 Td (gin. However) Tj ET Q q 0 0 0 rg BT 492.86 402.30 Td (, should a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 391.50 Td (counterparty declare bankruptcy or become insolvent, we may incur additional delays and costs.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 371.50 Td (Counterparty Exposur) Tj ET Q q 0 0 0 rg BT 146.82 371.50 Td (es) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 358.70 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 358.70 Td (e placed noncash collateral totaling ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 204.47 358.70 Td ($1) Tj ET Q q 0 0 0 rg BT 213.13 358.70 Td (18 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 250.39 358.70 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.64 358.70 Td (supporting our derivative positions) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 378.37 358.70 Td ( at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 389.37 358.70 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.09 358.70 Td (, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.59 358.70 Td (in accounts maintained by ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 347.90 Td (counterparties.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.73 347.90 Td ( ) Tj ET Q q 0 0 0 rg BT 104.81 347.90 Td (W) Tj ET Q q 0 0 0 rg BT 112.59 347.90 Td (e received cash and noncash collateral from counterparties totaling ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 355.23 347.90 Td ($40 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 396.98 347.90 Td ( and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.48 347.90 Td ($29 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.23 347.90 Td (, respectively) Tj ET Q q 0 0 0 rg BT 503.63 347.90 Td (, at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 337.10 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 120.23 337.10 Td (, primarily to support these derivative positions. ) Tj ET Q q 0 0 0 rg BT 294.79 337.10 Td (These amounts include collateral received from clearinghouses. ) Tj ET Q q 0 0 0 rg BT 526.03 337.10 Td (W) Tj ET Q q 0 0 0 rg BT 533.80 337.10 Td (e may ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 326.30 Td (be granted the right to sell or pledge the underlying assets we receive as noncash collateral. ) Tj ET Q q 0 0 0 rg BT 379.63 326.30 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 390.88 326.30 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.61 326.30 Td (, we ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 478.85 326.30 Td (have not sold or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 315.50 Td (pledged any of the noncash collateral received under these agreements.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.38 315.50 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 296.70 Td (The fair value amounts of derivative instruments are presented on a gross basis, are segregated by derivatives that are designated and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 285.90 Td (qualifying as hedging instruments or those that are not, and are further segregated by type of contract within those two categories. ) Tj ET Q q 0 0 0 rg BT 518.61 285.90 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 120.23 275.10 Td (, this included total derivatives of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 242.95 275.10 Td ($64 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 284.70 275.10 Td ( in an asset position, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.19 275.10 Td ($5 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 397.45 275.10 Td ( in a liability position, and of a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 510.18 275.10 Td ($32.5 billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 556.18 275.10 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 264.30 Td (notional amount. ) Tj ET Q q 0 0 0 rg BT 112.25 264.30 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 123.50 264.30 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 194.22 264.30 Td (, the net amount of derivatives in net asset positions totaled ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.68 264.30 Td ($26 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 451.43 264.30 Td ( and derivatives in net liability ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 253.50 Td (positions totaled ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 111.00 253.50 Td ($1 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 148.25 253.50 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 234.70 Td (As of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 89.50 234.70 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 160.22 234.70 Td (, ) Tj ET Q q 0 0 0 rg BT 164.23 234.70 Td (Ally has not purchased or sold any credit derivatives and had no securities ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.90 234.70 Td (sold under agreements to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 223.90 Td (repurchase.) Tj ET Q BT /F1 9.00 Tf ET endstream endobj 29 0 obj <>] /Rotate 0 /Contents 30 0 R>> endobj 30 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (14) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Cr) Tj ET Q q 0 0 0 rg BT 63.28 711.90 Td (edit Risk Mitigation) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (Credit risk is defined as the risk of loss arising from an obligor not meeting its contractual obligations to us. Credit risk includes ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 688.30 Td (consumer credit risk, commercial credit risk, and counterparty credit risk.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.40 688.30 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.65 688.30 Td (Credit risk is a major source of potential economic loss to us. Credit ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 677.50 Td (risk is monitored by the risk committees, executive leadership team, and our associates. ) Tj ET Q q 0 0 0 rg BT 366.75 677.50 Td (T) Tj ET Q q 0 0 0 rg BT 371.62 677.50 Td (ogether) Tj ET Q q 0 0 0 rg BT 398.25 677.50 Td (, they oversee credit decisioning, account ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 666.70 Td (servicing activities, and credit-risk-management processes, and manage credit risk exposures within our risk appetite. In addition, our Loan ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 655.90 Td (Review Group provides an independent assessment of the quality of our credit portfolios and credit-risk-management practices, and reports its ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 645.10 Td (findings to the RC on a regular basis.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 626.30 Td (T) Tj ET Q q 0 0 0 rg BT 72.37 626.30 Td (o mitigate risk, we have implemented specific policies and practices across business lines, utilizing both qualitative and quantitative ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 615.50 Td (analyses. ) Tj ET Q q 0 0 0 rg BT 84.33 615.50 Td (This reflects our commitment to maintaining an independent and ongoing assessment of credit risk and credit quality) Tj ET Q q 0 0 0 rg BT 504.64 615.50 Td (. Our policies ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 604.70 Td (require an objective and timely assessment of the overall quality of the consumer and commercial loan and operating lease portfolios. ) Tj ET Q q 0 0 0 rg BT 532.43 604.70 Td (This ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 593.90 Td (includes the identification of relevant trends that af) Tj ET Q q 0 0 0 rg BT 233.02 593.90 Td (fect the collectability of the portfolios, segments of the portfolios that are potential problem ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 583.10 Td (areas, loans and operating leases with potential credit weaknesses, and the assessment of the adequacy of internal credit risk policies and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 572.30 Td (procedures. Our consumer and commercial loan and operating lease portfolios are subject to regular stress tests that are based on plausible, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 561.50 Td (but unexpected, economic scenarios to assess how the portfolios may perform in a severe economic downturn. In addition, we establish and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 550.70 Td (maintain underwriting policies and limits across our portfolios and higher risk segments \(for example, nonprime\) based on our risk appetite.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 531.90 Td (Another important aspect to managing credit risk involves the need to carefully monitor and manage the performance and pricing of our ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 521.10 Td (loan products with the aim of generating appropriate risk-adjusted returns. ) Tj ET Q q 0 0 0 rg BT 319.01 521.10 Td (When considering pricing, various granular risk-based factors are ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 510.30 Td (considered such as expected loss rates, loss volatility) Tj ET Q q 0 0 0 rg BT 239.37 510.30 Td (, anticipated operating costs, and tar) Tj ET Q q 0 0 0 rg BT 368.91 510.30 Td (geted returns on equity) Tj ET Q q 0 0 0 rg BT 451.05 510.30 Td (.) Tj ET Q q 0 0 0 rg BT 455.39 510.30 Td (W) Tj ET Q q 0 0 0 rg BT 463.17 510.30 Td (e carefully monitor credit ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 499.50 Td (losses and trends in credit losses relative to expected credit losses at contract inception. ) Tj ET Q q 0 0 0 rg BT 365.49 499.50 Td (W) Tj ET Q q 0 0 0 rg BT 373.26 499.50 Td (e closely monitor our loan performance and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 488.70 Td (profitability in light of forecasted economic conditions and manage credit risk and expectations of losses in the portfolio.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 469.90 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 469.90 Td (e manage credit risk based on the risk profile of the borrower) Tj ET Q q 0 0 0 rg BT 295.08 469.90 Td (, the source of repayment, the underlying collateral, and current market ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 459.10 Td (conditions. ) Tj ET Q q 0 0 0 rg BT 91.34 459.10 Td (W) Tj ET Q q 0 0 0 rg BT 99.11 459.10 Td (e monitor the credit risk profile of individual borrowers, various segmentations \(for example, geographic region, product type, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 448.30 Td (industry segment\), as well as the aggregate portfolio. ) Tj ET Q q 0 0 0 rg BT 242.28 448.30 Td (W) Tj ET Q q 0 0 0 rg BT 250.06 448.30 Td (e perform quarterly analyses of the consumer automotive, consumer mortgage, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 437.50 Td (consumer other) Tj ET Q q 0 0 0 rg BT 104.87 437.50 Td (, and commercial portfolios using a range of indicators to assess the adequacy of the allowance for loan losses based on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 426.70 Td (historical and current trends.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 152.46 426.70 Td ( Refer to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 186.20 426.70 Td (Note 9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 210.45 426.70 Td ( to the Consolidated Financial Statements in our ) Tj ET Q q 0 0 0 rg BT 385.42 426.70 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 415.90 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 120.23 415.90 Td (, for additional information.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 397.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 112.41 397.10 Td (, we utilize numerous collection strategies to mitigate loss and provide ongoing support to customers in financial distress. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 386.30 Td (For consumer automotive loans, we work with customers when they become delinquent on their monthly payment. In lieu of repossessing ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 375.50 Td (their vehicle, we may of) Tj ET Q q 0 0 0 rg BT 136.55 375.50 Td (fer several types of assistance to aid our customers based on their willingness and ability to repay their loan. Loss ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 364.70 Td (mitigation may include payment extensions and rewrites of the loan terms. For mortgage loans, as part of certain programs, we of) Tj ET Q q 0 0 0 rg BT 515.96 364.70 Td (fer mortgage ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 353.90 Td (loan modifications to qualified borrowers. ) Tj ET Q q 0 0 0 rg BT 203.30 353.90 Td (These programs are in place to provide support to our mortgage customers in financial distress, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 343.10 Td (including principal for) Tj ET Q q 0 0 0 rg BT 130.32 343.10 Td (giveness, maturity extensions, delinquent interest capitalization, and changes to contractual interest rates.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 324.30 Td (Furthermore, we manage our credit exposure to financial counterparties based on the risk profile of the counterparty) Tj ET Q q 0 0 0 rg BT 485.01 324.30 Td (. ) Tj ET Q q 0 0 0 rg BT 489.35 324.30 Td (W) Tj ET Q q 0 0 0 rg BT 497.48 324.30 Td (ithin our policies ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 313.50 Td (we have established standards and requirements for managing counterparty risk exposures in a safe and sound manner) Tj ET Q q 0 0 0 rg BT 474.37 313.50 Td (. Counterparty credit ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 302.70 Td (risk is derived from multiple exposure types including derivatives, securities trading, securities financing transactions, financial futures, cash ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 291.90 Td (balances \(for example, due from depository institutions, restricted accounts, and cash equivalents\), and investment in debt securities. For ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 281.10 Td (more information on derivative counterparty credit risk, refer to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 279.16 281.10 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 281.41 281.10 Td (Note 21) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 310.16 281.10 Td ( to the Consolidated Financial Statements in our ) Tj ET Q q 0 0 0 rg BT 485.13 281.10 Td (Annual Report on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 270.30 Td (Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 159.46 270.30 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 230.19 270.30 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 250.30 Td (Loan and Lease Exposur) Tj ET Q q 0 0 0 rg BT 155.74 250.30 Td (e) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 237.50 Td (The risks inherent in our loan and operating lease exposures are lar) Tj ET Q q 0 0 0 rg BT 308.50 237.50 Td (gely driven by changes in the overall economy) Tj ET Q q 0 0 0 rg BT 476.11 237.50 Td (, used vehicle and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 226.70 Td (housing prices, unemployment levels, and their impact on our borrowers. ) Tj ET Q q 0 0 0 rg BT 315.03 226.70 Td (The potential financial statement impact of these exposures varies ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 215.90 Td (depending on the accounting classification and future expected disposition strategy) Tj ET Q q 0 0 0 rg BT 348.08 215.90 Td (. ) Tj ET Q q 0 0 0 rg BT 352.42 215.90 Td (W) Tj ET Q q 0 0 0 rg BT 360.19 215.90 Td (e retain the majority of our consumer automotive loans ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 205.10 Td (as they complement our core business model, but we do sell loans from time to time on an opportunistic basis. ) Tj ET Q q 0 0 0 rg BT 448.77 205.10 Td (W) Tj ET Q q 0 0 0 rg BT 456.54 205.10 Td (e ultimately manage the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 194.30 Td (associated risks based on the underlying economics of the exposure. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 297.18 194.30 Td (Our operating lease residual risk may be more volatile than credit risk in ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 183.50 Td (stressed macroeconomic scenarios.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 175.70 183.50 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 177.79 183.50 Td (While all operating leases are exposed to potential reductions in used vehicle values, only loans where we ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 172.70 Td (take possession of the vehicle are af) Tj ET Q q 0 0 0 rg BT 178.79 172.70 Td (fected by potential reductions in used vehicle values.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 153.90 Td (For detailed information on the significant asset classes af) Tj ET Q q 0 0 0 rg BT 276.28 153.90 Td (fected by our loan and lease exposure, refer to the Risk Management section ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (within MD&A) Tj ET Q q 0 0 0 rg BT 102.26 143.10 Td ( in our ) Tj ET Q q 0 0 0 rg BT 127.51 143.10 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 304.21 143.10 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 374.94 143.10 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 124.30 Td (Other than guarantees related to sovereign debt securities we hold, at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 317.91 124.30 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 388.63 124.30 Td (, none of our exposures were covered by ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 113.50 Td (eligible guarantees recognized for the purposes of reducing capital requirements, and none were covered by credit derivatives. ) Tj ET Q q 0 0 0 rg BT 505.56 113.50 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 102.70 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 120.23 102.70 Td (, an insignificant amount of our exposure was covered by eligible financial collateral.) Tj ET Q endstream endobj 31 0 obj <>] /Rotate 0 /Contents 32 0 R>> endobj 32 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (15) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Securitization) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (Basel) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 87.50 699.10 Td ( ) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 89.75 699.10 Td (III defines a traditional securitization exposure as follows:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 680.30 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 680.30 Td (All or a portion of the credit risk of one or more underlying exposures is transferred to one or more third parties other than through ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 669.50 Td (the use of credit derivatives or guarantees;) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 650.70 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 650.70 Td (The credit risk associated with the underlying exposures has been separated into at least two tranches reflecting dif) Tj ET Q q 0 0 0 rg BT 498.45 650.70 Td (ferent levels of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 639.90 Td (seniority;) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 621.10 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 621.10 Td (Performance of the securitization exposures depends upon the performance of the underlying exposures;) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 602.30 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 602.30 Td (All or substantially all of the underlying exposures are financial exposures;) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 583.50 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 583.50 Td (The underlying exposures are not owned by an operating company; and) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 564.70 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 564.70 Td (The underlying exposures are not owned by a small business investment company or related to a community development ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 553.90 Td (investment.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 535.10 Td (Synthetic securitization exposures are those that meet the above criteria but through the use of one or more credit derivatives or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 524.30 Td (guarantees. Resecuritization is a securitization with more than one underlying exposures in which one or more of the underlying exposures is ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 513.50 Td (a securitization exposure.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 494.70 Td (Ally is both an originator and investor in the securitization market. ) Tj ET Q q 0 0 0 rg BT 309.78 494.70 Td (W) Tj ET Q q 0 0 0 rg BT 317.55 494.70 Td (e securitize, transfer) Tj ET Q q 0 0 0 rg BT 389.90 494.70 Td (, and service consumer and commercial ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 483.90 Td (automotive loans, and notes secured by operating leases \(collectively referred to as financial assets\) through the use of special purpose entities ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 473.10 Td (\(SPEs\) that are often variable interest entities \(VIEs\) and may or may not be consolidated on our balance sheet. ) Tj ET Q q 0 0 0 rg BT 451.87 473.10 Td (As an originator) Tj ET Q q 0 0 0 rg BT 510.00 473.10 Td (, the majority ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 462.30 Td (of the securitizations that are consolidated on our balance sheet are risk weighted according to the underlying assets. Securitization activities ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 451.50 Td (act as a source of liquidity and cost-ef) Tj ET Q q 0 0 0 rg BT 186.04 451.50 Td (ficient funding while also reducing our credit exposure beyond any economic interest we may retain.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 432.70 Td (For all ) Tj ET Q q 0 0 0 rg BT 93.34 432.70 Td (VIEs in which we are involved, we assess whether we are the primary beneficiary of the ) Tj ET Q q 0 0 0 rg BT 413.30 432.70 Td (VIE on an ongoing basis. In ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 421.90 Td (circumstances where we have both the power to direct the activities that most significantly impact the ) Tj ET Q q 0 0 0 rg BT 417.72 421.90 Td (VIEs performance and the obligation to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 411.10 Td (absorb losses or the right to receive the benefits of the ) Tj ET Q q 0 0 0 rg BT 246.03 411.10 Td (VIE that could be significant, we would conclude that we are the primary beneficiary ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 400.30 Td (of the ) Tj ET Q q 0 0 0 rg BT 72.33 400.30 Td (VIE, and would consolidate the ) Tj ET Q q 0 0 0 rg BT 188.14 400.30 Td (VIE \(also referred to as on-balance sheet\). In situations where we are not deemed to be the primary ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 389.50 Td (beneficiary of the ) Tj ET Q q 0 0 0 rg BT 115.05 389.50 Td (VIE, we do not consolidate the ) Tj ET Q q 0 0 0 rg BT 228.61 389.50 Td (VIE and only recognize our interests in the ) Tj ET Q q 0 0 0 rg BT 385.40 389.50 Td (VIE \(also referred to as of) Tj ET Q q 0 0 0 rg BT 479.44 389.50 Td (f-balance sheet\).) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 370.70 Td (In the case of a consolidated on-balance-sheet ) Tj ET Q q 0 0 0 rg BT 235.01 370.70 Td (VIE used for a securitization, the underlying assets remain on our) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 471.19 370.70 Td ( balance sheet ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 523.91 370.70 Td (with the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 359.90 Td (corresponding obligations to third party beneficial interest holders reflected as debt. ) Tj ET Q q 0 0 0 rg BT 353.24 359.90 Td (W) Tj ET Q q 0 0 0 rg BT 361.02 359.90 Td (e recognize income on the assets, interest expense on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 349.10 Td (the debt issued by the ) Tj ET Q q 0 0 0 rg BT 129.57 349.10 Td (VIE, and losses on the assets as incurred. Consolidation of the ) Tj ET Q q 0 0 0 rg BT 355.62 349.10 Td (VIE precludes us from recording an accounting sale on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 338.30 Td (the transaction.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 319.50 Td (In securitizations where we are not determined to be the primary beneficiary of the ) Tj ET Q q 0 0 0 rg BT 367.71 319.50 Td (VIE, we must determine whether we achieve a sale ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 308.70 Td (for accounting purposes. ) Tj ET Q q 0 0 0 rg BT 140.31 308.70 Td (T) Tj ET Q q 0 0 0 rg BT 145.18 308.70 Td (o achieve a sale for accounting purposes, the financial assets being transferred must be legally isolated, not be ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 297.90 Td (constrained by restrictions from further transfer) Tj ET Q q 0 0 0 rg BT 220.33 297.90 Td (, and be deemed to be beyond our control. ) Tj ET Q q 0 0 0 rg BT 373.87 297.90 Td (W) Tj ET Q q 0 0 0 rg BT 381.64 297.90 Td (e would deem the transaction to be an of) Tj ET Q q 0 0 0 rg BT 527.43 297.90 Td (f-) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (balance-sheet securitization if the preceding three criteria for sale accounting are met. If we were to fail any of these three criteria for sale ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 276.30 Td (accounting, the transfer would be accounted for as a secured borrowing consistent with the preceding paragraph regarding on-balance sheet ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 265.50 Td (VIEs.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 246.70 Td (The gain or loss recognized on of) Tj ET Q q 0 0 0 rg BT 187.80 246.70 Td (f-balance-sheet securitizations take into consideration any assets received or liabilities assumed, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 235.90 Td (including any retained interests, and servicing assets or liabilities \(if applicable\), which are initially recorded at fair value at the date of sale. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 225.10 Td (Upon the sale of the financial assets, we recognize a gain or loss on sale for the dif) Tj ET Q q 0 0 0 rg BT 346.74 225.10 Td (ference between the assets and liabilities recognized, and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 214.30 Td (the assets derecognized. ) Tj ET Q q 0 0 0 rg BT 138.30 214.30 Td (The financial assets obtained from of) Tj ET Q q 0 0 0 rg BT 271.84 214.30 Td (f-balance-sheet securitizations are primarily reported as cash or if applicable, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 203.50 Td (retained interests. Retained interests are classified as securities or as other assets depending on their form and structure. ) Tj ET Q q 0 0 0 rg BT 481.19 203.50 Td (The estimate of the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 192.70 Td (fair value of the retained interests and servicing requires us to exercise significant judgment about the timing and amount of future cash flows ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 181.90 Td (from the interests.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 114.73 181.90 Td ( For a discussion on fair value estimates, refer to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 291.93 181.90 Td (Note 24) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.68 181.90 Td ( to the Consolidated Financial Statements in our ) Tj ET Q q 0 0 0 rg BT 495.65 181.90 Td (Annual Report on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 171.10 Td (Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 159.46 171.10 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 230.19 171.10 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 152.30 Td (Gains or losses on of) Tj ET Q q 0 0 0 rg BT 142.83 152.30 Td (f-balance-sheet securitizations are reported in gain on mortgage and automotive loans, net, in our ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.71 152.30 Td (income statement.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 133.50 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 133.50 Td (e retain the right to service our consumer and commercial automotive loan and operating lease securitizations. ) Tj ET Q q 0 0 0 rg BT 473.72 133.50 Td (W) Tj ET Q q 0 0 0 rg BT 481.49 133.50 Td (e may receive ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 122.70 Td (servicing fees for of) Tj ET Q q 0 0 0 rg BT 121.56 122.70 Td (f-balance-sheet securitizations based on the securitized asset balances and certain ancillary fees, all of which are reported ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 111.90 Td (in servicing fees in) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 117.73 111.90 Td ( our income statement. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 201.79 111.90 Td (T) Tj ET Q q 0 0 0 rg BT 206.66 111.90 Td (ypically) Tj ET Q q 0 0 0 rg BT 235.07 111.90 Td (, the fee we are paid for servicing represents adequate compensation, and consequently) Tj ET Q q 0 0 0 rg BT 547.36 111.90 Td (, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 101.10 Td (does not result in the recognition of a servicing asset or liability) Tj ET Q q 0 0 0 rg BT 278.11 101.10 Td (.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 82.30 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 82.30 Td (e generally hold certain conditional repurchase options specific to securitizations that allow us to repurchase assets from the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 71.50 Td (securitization entity) Tj ET Q q 0 0 0 rg BT 120.14 71.50 Td (. ) Tj ET Q q 0 0 0 rg BT 124.48 71.50 Td (The majority of the securitizations provide us, as servicer) Tj ET Q q 0 0 0 rg BT 330.80 71.50 Td (, with a call option that allows us to repurchase the remaining ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 60.70 Td (transferred financial assets or redeem outstanding beneficial interests at our discretion once the asset pool reaches a predefined level, which ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 49.90 Td (represents the point where servicing becomes administratively burdensome \(a clean-up call option\). ) Tj ET Q q 0 0 0 rg BT 410.47 49.90 Td (The repurchase price is typically the ) Tj ET Q endstream endobj 33 0 obj <>] /Rotate 0 /Contents 34 0 R>> endobj 34 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 713.80 Td (discounted securitization balance of the assets plus accrued interest when applicable. ) Tj ET Q q 0 0 0 rg BT 356.72 713.80 Td (W) Tj ET Q q 0 0 0 rg BT 364.50 713.80 Td (e generally have discretion regarding when or if we ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 703.00 Td (will exercise these options, but we would do so only when it is in our best interest.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 684.20 Td (Other than our customary representation and warranty provisions, these securitizations are nonrecourse to us, thereby transferring the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 673.40 Td (risk of future credit losses to the extent the beneficial interests in the SPE are held by third parties. Representation and warranty provisions ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 662.60 Td (generally require us to repurchase assets or indemnify the investor or other party for incurred losses to the extent it is determined that the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 651.80 Td (assets were ineligible or were otherwise defective at the time of sale. ) Tj ET Q q 0 0 0 rg BT 298.99 651.80 Td (W) Tj ET Q q 0 0 0 rg BT 306.76 651.80 Td (e did not provide any non-contractual financial support to any of these ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 641.00 Td (entities duringthe fourth quarter of 2019.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 622.20 Td (Assets intended to be securitized of) Tj ET Q q 0 0 0 rg BT 195.05 622.20 Td (f-balance sheet are accounted for as loans held-for) Tj ET Q q 0 0 0 rg BT 376.03 622.20 Td (-sale and are valued using internally developed ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 611.40 Td (valuation models when observable market prices are not available, which is often the case. ) Tj ET Q q 0 0 0 rg BT 377.72 611.40 Td (The models utilize prepayment, default, and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 600.60 Td (discount rate assumptions to price the loans on a discounted cash flow basis.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 580.60 Td (Risk Management) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 567.80 Td (Our securitization activity exposes us primarily to the credit risk and performance of the underlying assets. For qualitative discussion ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 557.00 Td (surrounding our credit-risk-management policies, procedures, and practices, refer to the Risk Management section within MD&A) Tj ET Q q 0 0 0 rg BT 516.12 557.00 Td ( in our ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 546.20 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 226.20 546.20 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 296.93 546.20 Td (. ) Tj ET Q q 0 0 0 rg BT 301.27 546.20 Td (T) Tj ET Q q 0 0 0 rg BT 306.14 546.20 Td (o mitigate the retained risk in securitization activities, ) Tj ET Q q 0 0 0 rg BT 501.33 546.20 Td (Ally utilizes ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 535.40 Td (credit enhancements including cash reserves, overcollateralization, and subordinate notes.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 515.40 Td (Securitization Exposur) Tj ET Q q 0 0 0 rg BT 147.38 515.40 Td (es) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 502.60 Td (The following table represents ) Tj ET Q q 0 0 0 rg BT 178.97 502.60 Td (Ally) Tj ET Q q 0 0 0 rg BT 197.47 502.60 Td (s of) Tj ET Q q 0 0 0 rg BT 210.56 502.60 Td (f-balance sheet securitization exposures, including delinquencies and net credit losses.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 469.10 296.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.00 469.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 469.10 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 469.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 469.10 71.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 469.10 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 469.10 67.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 469.1 m 346 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346 469.1 m 350 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 469.1 m 417 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 469.1 m 421 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 469.1 m 492 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 469.1 m 496 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 469.1 m 563 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 455.1 m 346 455.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346 455.1 m 350 455.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 469.1 m 417 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 455.1 m 417 455.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 455.1 m 421 455.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 469.1 m 492 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 455.1 m 492 455.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 455.1 m 496 455.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 469.1 m 563 469.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 455.1 m 563 455.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 441.1 m 346 441.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 346 441.1 m 350 441.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 350 441.1 m 417 441.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 417 441.1 m 421 441.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 421 441.1 m 492 441.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 492 441.1 m 496 441.1 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 496 441.1 m 563 441.1 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 473.55 Td (At and for) Tj ET Q q 0 0 0 rg BT 92.34 473.55 Td ( the thr) Tj ET Q q 0 0 0 rg BT 120.67 473.55 Td (ee months ended December) Tj ET Q q 0 0 0 rg BT 225.73 473.55 Td ( 31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 259.48 473.55 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 261.73 473.55 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.25 473.55 Td (T) Tj ET Q q 0 0 0 rg BT 362.84 473.55 Td (otal amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.70 482.55 Td (Amount 60 days) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.50 473.55 Td (or) Tj ET Q q 0 0 0 rg BT 431.91 473.55 Td ( mor) Tj ET Q q 0 0 0 rg BT 449.99 473.55 Td (e past due) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.95 482.55 Td (Net cr) Tj ET Q q 0 0 0 rg BT 533.52 482.55 Td (edit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.20 473.55 Td (losses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 459.56 Td (Consumer automotive) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 459.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.00 459.55 Td (417) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.50 459.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.00 459.55 Td (6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.50 459.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 555.00 459.55 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 445.56 Td (T) Tj ET Q q 0 0 0 rg BT 57.37 445.56 Td (otal securitization exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 445.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.00 445.55 Td (417) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.50 445.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.00 445.55 Td (6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.50 445.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 555.00 445.55 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 422.80 Td (Ally does not have any synthetic securitization exposures.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 402.80 Td (Securitization ) Tj ET Q q 0 0 0 rg BT 110.88 402.80 Td (Activity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 390.00 Td (During the three months ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 181.22 390.00 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 251.95 390.00 Td (, we did not complete any of) Tj ET Q q 0 0 0 rg BT 354.51 390.00 Td (f-balance sheet securitizations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 370.00 Td (Pur) Tj ET Q q 0 0 0 rg BT 65.43 370.00 Td (chased Investment Securities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 357.20 Td (As an investor) Tj ET Q q 0 0 0 rg BT 119.13 357.20 Td (, ) Tj ET Q q 0 0 0 rg BT 123.13 357.20 Td (Ally has purchased investment securities that meet the regulatory definition of a securitization. ) Tj ET Q q 0 0 0 rg BT 466.37 357.20 Td (These securitizations are ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 346.40 Td (accounted for as available-for) Tj ET Q q 0 0 0 rg BT 156.51 346.40 Td (-sale securities and reported at fair value on our balance sheet. ) Tj ET Q q 0 0 0 rg BT 382.41 346.40 Td (A) Tj ET Q q 0 0 0 rg BT 388.24 346.40 Td (vailable-for) Tj ET Q q 0 0 0 rg BT 430.04 346.40 Td (-sale securities are carried at fair ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 335.60 Td (value based on observable market prices, when available. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 258.25 335.60 Td (W) Tj ET Q q 0 0 0 rg BT 266.03 335.60 Td (e classify our securities as Level 1 when fair value is determined using quoted ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 324.80 Td (prices available for the same instruments trading in active markets. ) Tj ET Q q 0 0 0 rg BT 292.50 324.80 Td (W) Tj ET Q q 0 0 0 rg BT 300.28 324.80 Td (e classify our securities as Level 2 when fair value is determined using ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 314.00 Td (prices for similar instruments trading in active markets. ) Tj ET Q q 0 0 0 rg BT 251.03 314.00 Td (W) Tj ET Q q 0 0 0 rg BT 258.81 314.00 Td (e perform pricing validation procedures for our available-for) Tj ET Q q 0 0 0 rg BT 476.78 314.00 Td (-sale securities.) Tj ET Q BT /F1 9.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 294.00 Td (Other) Tj ET Q q 0 0 0 rg BT 74.87 294.00 Td ( Securitization Exposur) Tj ET Q q 0 0 0 rg BT 175.24 294.00 Td (es) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 281.20 Td (As of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 89.50 281.20 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 160.22 281.20 Td (, our securitization exposures included commercial loans and unfunded lending commitments made to SPEs ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 270.40 Td (and secured by underlying financial exposures. ) Tj ET Q q 0 0 0 rg BT 221.03 270.40 Td (These arrangements are designed to meet the needs of our clients for long-term financing of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 259.60 Td (assets or working capital, and qualify for us as traditional securitizations for regulatory capital purposes.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 239.60 Td (Regulatory Capital ) Tj ET Q q 0 0 0 rg BT 133.39 239.60 Td (Appr) Tj ET Q q 0 0 0 rg BT 155.99 239.60 Td (oach) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 226.80 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 226.80 Td (e utilize the Simplified Supervisory Formula ) Tj ET Q q 0 0 0 rg BT 237.75 226.80 Td (Approach \(SSF) Tj ET Q q 0 0 0 rg BT 292.83 226.80 Td (A\) to determine the risk weight of securitization exposures. ) Tj ET Q q 0 0 0 rg BT 508.61 226.80 Td (The SSF) Tj ET Q q 0 0 0 rg BT 539.20 226.80 Td (A) Tj ET Q q 0 0 0 rg BT 545.20 226.80 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 216.00 Td (method considers our seniority in the securitization structure and risk factors inherent in the underlying assets.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 197.20 Td (The following table represents ) Tj ET Q q 0 0 0 rg BT 178.97 197.20 Td (Ally) Tj ET Q q 0 0 0 rg BT 197.47 197.20 Td (s securitizations by underlying exposure type as of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.92 197.20 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.65 197.20 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 163.70 442.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 163.70 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 163.70 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 135.70 442.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 135.70 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 135.70 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 107.70 442.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 107.70 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 107.70 67.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 163.70000000000005 m 492 163.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 163.70000000000005 m 496 163.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 163.70000000000005 m 563 163.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 107.70000000000005 m 492 107.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 93.70000000000005 m 492 93.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 107.70000000000005 m 496 107.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 492 93.70000000000005 m 496 93.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 107.70000000000005 m 563 107.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 496 93.70000000000005 m 563 93.70000000000005 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 168.15 Td (December) Tj ET Q q 0 0 0 rg BT 91.31 168.15 Td ( 31, 2019 ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 127.31 168.15 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.80 177.15 Td (Exposur) Tj ET Q q 0 0 0 rg BT 543.15 177.15 Td (e) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.20 168.15 Td (amount) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 154.16 Td (Mortgage-backed residential securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.50 154.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 154.15 Td (2,841) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 140.16 Td (Mortgage-backed commercial securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 140.15 Td (41) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 126.16 Td (Asset-backed securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 126.15 Td (387) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 112.16 Td (Other securitization exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 112.15 Td (1,055) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 98.16 Td (T) Tj ET Q q 0 0 0 rg BT 57.37 98.16 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.50 98.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 98.15 Td (4,324) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 35 0 obj <>] /Rotate 0 /Contents 36 0 R>> endobj 36 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (17) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 713.80 Td (The following table represents ) Tj ET Q q 0 0 0 rg BT 178.97 713.80 Td (Ally) Tj ET Q q 0 0 0 rg BT 197.47 713.80 Td (s securitizations by risk-weight bands as of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 354.69 713.80 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 425.41 713.80 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 680.30 371.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 680.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 680.30 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 680.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 680.30 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 652.30 371.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 652.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 652.30 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 652.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 652.30 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 624.30 371.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 624.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 624.30 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 624.30 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 624.30 67.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 680.3 m 421 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 680.3 m 425 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 680.3 m 492 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 680.3 m 496 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 680.3 m 563 680.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 610.3 m 421 610.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 610.3 m 425 610.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 610.3 m 492 610.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 610.3 m 496 610.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 610.3 m 563 610.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 596.3 m 421 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 421 596.3 m 425 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 425 596.3 m 492 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 492 596.3 m 496 596.3 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 496 596.3 m 563 596.3 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 684.75 Td (December) Tj ET Q q 0 0 0 rg BT 91.31 684.75 Td ( 31, 2019 ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 127.31 684.75 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.80 693.75 Td (Exposur) Tj ET Q q 0 0 0 rg BT 472.23 693.75 Td (e) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.20 684.75 Td (amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.45 693.75 Td (SSF) Tj ET Q q 0 0 0 rg BT 523.29 693.75 Td (A) Tj ET Q q 0 0 0 rg BT 529.29 693.75 Td ( risk-) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.60 684.75 Td (weighted assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 670.76 Td (Risk-weight category) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 656.76 Td (20% <50% risk weighting \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 656.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.25 656.75 Td (4,288) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.50 656.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 656.75 Td (871) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 642.76 Td (50% <100% risk weighting) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 642.75 Td (26) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 642.75 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 628.76 Td (100% <250% risk weighting) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.00 628.75 Td (7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 555.00 628.75 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 614.76 Td (250% 1250% risk weighting) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.00 614.75 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 614.75 Td (36) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 600.76 Td (T) Tj ET Q q 0 0 0 rg BT 57.37 600.76 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 600.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.25 600.75 Td (4,324) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.50 600.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 600.75 Td (936) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 587.20 Td (\(a\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 587.20 Td (Exposures with a risk weight equal to 20% are ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 218.35 587.20 Td ($4.2 billion) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 255.24 587.20 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 568.40 Td (At ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.75 568.40 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 149.48 568.40 Td (, ) Tj ET Q q 0 0 0 rg BT 153.48 568.40 Td (Ally did not have any resecuritization exposures.) Tj ET Q endstream endobj 37 0 obj <>] /Rotate 0 /Contents 38 0 R>> endobj 38 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (18) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Equities Not Subject to the Market-Risk Rule) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (Our equity holdings primarily consist of equity investments that are publicly traded and have a readily determinable fair value. Ef) Tj ET Q q 0 0 0 rg BT 534.19 699.10 Td (fective ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 688.30 Td (January 1, 2018, these equity investments, as well as certain investments that do not have a readily determinable fair value and are not eligible ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 677.50 Td (to be recognized using other measurement principles, are recorded at fair value with changes in fair value recorded in earnings and reported in ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 666.70 Td (other gain on investments, net, in our income statement. Details of our policy for the valuation of investment securities can be found in Note 1 ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 655.90 Td (to the Consolidated Financial Statements in our ) Tj ET Q q 0 0 0 rg BT 222.23 655.90 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 398.93 655.90 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.66 655.90 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 637.10 Td (Our equity securities recognized using other measurement principles include investments in Federal Home Loan Bank \(FHLB\) and FRB ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 626.30 Td (stock held to meet regulatory requirements, equity investments related to low-income housing tax credits \(LIHTCs\) and the Community ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 615.50 Td (Reinvestment ) Tj ET Q q 0 0 0 rg BT 100.74 615.50 Td (Act \(CRA\), which do not have a readily determinable fair value, and other equity investments that do not have a readily ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 604.70 Td (determinable fair value. Our LIHTC investments are accounted for using the proportional amortization method of accounting for qualified ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 593.90 Td (af) Tj ET Q q 0 0 0 rg BT 56.33 593.90 Td (fordable housing investments. Our obligations related to unfunded commitments for our LIHTC investments are included in other liabilities. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 583.10 Td (The majority of our other CRA) Tj ET Q q 0 0 0 rg BT 161.23 583.10 Td ( investments are accounted for using the equity method of accounting. Our investments in LIHTCs and other ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 572.30 Td (CRA) Tj ET Q q 0 0 0 rg BT 67.51 572.30 Td ( investments are included in other assets on our balance sheet. Our investments in FHLB and FRB stock are carried at cost, less ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 561.50 Td (impairment. Our remaining investments in equity securities are recorded at cost, less impairment and adjusted for observable price changes ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 550.70 Td (under the measurement alternative provided under GAAP) Tj ET Q q 0 0 0 rg BT 256.43 550.70 Td (. ) Tj ET Q q 0 0 0 rg BT 260.77 550.70 Td (These investments, along with our investments in FHLB and FRB stock, are ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 539.90 Td (included in nonmarketable equity investments in other assets on our balance sheet. ) Tj ET Q q 0 0 0 rg BT 348.67 539.90 Td (As conditions warrant, we review these investments for ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 529.10 Td (impairment and adjust the carrying value of the investment if it is deemed to be impaired. Investments recorded under the measurement ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 518.30 Td (alternative are also reviewed at each reporting period to determine if any adjustments are required for observable price changes in identical or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 507.50 Td (similar securities of the same issuer) Tj ET Q q 0 0 0 rg BT 177.22 507.50 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 488.70 Td (Under the Basel III rules, a banking or) Tj ET Q q 0 0 0 rg BT 205.79 488.70 Td (ganization may apply a 100% risk weight to equity exposures deemed non-significant. Equity ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 477.90 Td (exposures are considered non-significant when the total aggregate adjusted carrying value of the equity exposures do not exceed 10 percent of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (total capital. ) Tj ET Q q 0 0 0 rg BT 95.73 467.10 Td (Ally) Tj ET Q q 0 0 0 rg BT 114.24 467.10 Td (s equity exposures do not exceed 10 percent of total capital and are considered non-significant.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 448.30 Td (The table below presents the carrying value, fair value, and R) Tj ET Q q 0 0 0 rg BT 288.42 448.30 Td (W) Tj ET Q q 0 0 0 rg BT 295.91 448.30 Td (A) Tj ET Q q 0 0 0 rg BT 301.92 448.30 Td ( by risk-weight category for equity investments on our balance sheet.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 414.80 306.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 414.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 414.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 414.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 414.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 414.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 414.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 386.80 306.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 386.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 386.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 386.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 386.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 386.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 386.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 358.80 306.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 358.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 358.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 358.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.00 358.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 358.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 358.80 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 414.8 m 356 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 414.8 m 360 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 414.8 m 425 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 414.8 m 429 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 414.8 m 494 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 414.8 m 498 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 414.8 m 563 414.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 344.8 m 563 344.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 344.8 m 356 344.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 330.8 m 356 330.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 344.8 m 360 344.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 356 330.8 m 360 330.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 344.8 m 425 344.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 360 330.8 m 425 330.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 344.8 m 429 344.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 425 330.8 m 429 330.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429 344.8 m 494 344.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 429 330.8 m 494 330.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 344.8 m 498 344.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 494 330.8 m 498 330.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 344.8 m 563 344.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 498 330.8 m 563 330.8 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 419.25 Td (December) Tj ET Q q 0 0 0 rg BT 91.31 419.25 Td ( 31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 125.06 419.25 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 127.31 419.25 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.95 428.25 Td (Risk-weight) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.50 419.25 Td (category) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.25 428.25 Td (Carrying) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.35 419.25 Td (value \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.45 428.25 Td (Risk-weighted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.00 419.25 Td (assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 405.26 Td (Equity exposures) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 391.26 Td (FRB stock) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.00 391.25 Td (0) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.50 391.25 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.50 391.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.00 391.25 Td (449) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.50 391.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 391.25 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 377.26 Td (FHLB stock) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.50 377.25 Td (20) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.50 377.25 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.00 377.25 Td (701) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 377.25 Td (140) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 363.26 Td (Community reinvestment activity exposures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.00 363.25 Td (100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.50 363.25 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.25 363.25 Td (1,079) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 363.25 Td (1,079) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.50 349.26 Td (Non-significant equity exposures \(b\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.00 349.25 Td (100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.50 349.25 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.00 349.25 Td (728) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 349.25 Td (728) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 335.26 Td (T) Tj ET Q q 0 0 0 rg BT 57.37 335.26 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.50 335.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.25 335.25 Td (2,957) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.50 335.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.25 335.25 Td (1,947) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 321.70 Td (\(a\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 321.70 Td (Amounts represent the fair value of equity securities with readily determinable fair values, as well as investments recorded in other assets accounted for ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 312.10 Td (under either the equity method, the proportional amortization method, or the cost method.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 302.50 Td (\(b\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 302.50 Td (Includes publicly traded equity securities with a cost basis of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 264.34 302.50 Td ($668 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 305.45 302.50 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 283.70 Td (T) Tj ET Q q 0 0 0 rg BT 72.37 283.70 Td (otal net unrealized losses on equity securities recognized on our balance sheet were ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 374.50 283.70 Td ($59 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 416.25 283.70 Td ( at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.25 283.70 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 497.98 283.70 Td (. ) Tj ET Q q 0 0 0 rg BT 502.31 283.70 Td (T) Tj ET Q q 0 0 0 rg BT 507.18 283.70 Td (otal net ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 272.90 Td (realized gains arising from sales and liquidations of equity securities were ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.17 272.90 Td ($22 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 359.92 272.90 Td ( for the three months ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.89 272.90 Td (December31, 2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 531.62 272.90 Td (.) Tj ET Q endstream endobj 39 0 obj <>] /Rotate 0 /Contents 40 0 R>> endobj 40 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.39 w 0 i [] 0 d 1 J 1 j 3 M 50 772.93359375 m 106.76171875 772.93359375 l s q 0 0 1 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 1 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 18.00 Tf ET q 0 0 0 rg BT 50.00 752.40 Td (Basel III Public Disclosures) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 742.80 Td (Ally Financial Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (19) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 49.50 711.90 Td (Inter) Tj ET Q q 0 0 0 rg BT 75.28 711.90 Td (est Rate Risk for) Tj ET Q q 0 0 0 rg BT 160.71 711.90 Td ( Non-T) Tj ET Q q 0 0 0 rg BT 196.15 711.90 Td (rading ) Tj ET Q q 0 0 0 rg BT 232.50 711.90 Td (Activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 699.10 Td (W) Tj ET Q q 0 0 0 rg BT 75.27 699.10 Td (e are exposed to interest rate risk arising from changes in interest rates related to financing, investing, and cash management activities. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 688.30 Td (Interest rate risk arises from the mismatch between assets and the related liabilities used for funding. ) Tj ET Q q 0 0 0 rg BT 413.47 688.30 Td (W) Tj ET Q q 0 0 0 rg BT 421.25 688.30 Td (e enter into various financial ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 677.50 Td (instruments, including derivatives, to maintain the desired level of exposure to the risk of interest rate and other fluctuations.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.50 658.70 Td (Interest rate risk represents our most significant exposure to market risk. ) Tj ET Q q 0 0 0 rg BT 332.26 658.70 Td (W) Tj ET Q q 0 0 0 rg BT 340.04 658.70 Td (e actively monitor the level of exposure to movements in ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 647.90 Td (interest rates and take actions to mitigate adverse impacts these movements may have on future earnings. ) Tj ET Q q 0 0 0 rg BT 431.96 647.90 Td (W) Tj ET Q q 0 0 0 rg BT 439.73 647.90 Td (e use a sensitivity analysis of net ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 637.10 Td (financing revenue as our primary metric to measure and manage the interest rate risk of our financial instruments.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.50 618.30 Td (W) Tj ET Q q 0 0 0 rg BT 77.27 618.30 Td (e prepare forward-looking baseline forecasts of net financing revenue taking into consideration anticipated future business growth, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 607.50 Td (asset/liability positioning, and interest rates based on the implied forward curve. ) Tj ET Q q 0 0 0 rg BT 342.01 607.50 Td (The analysis is highly dependent upon a variety of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 596.70 Td (assumptions including the repricing characteristics of retail deposits with both contractual and non-contractual maturities. ) Tj ET Q q 0 0 0 rg BT 491.46 596.70 Td (W) Tj ET Q q 0 0 0 rg BT 499.23 596.70 Td (e continually ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 585.90 Td (monitor industry and competitive repricing activity along with other market factors when contemplating deposit pricing actions.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.50 567.10 Td (Simulations are then used to assess changes in net financing revenue in multiple interest rate scenarios relative to the baseline forecast. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 556.30 Td (The changes in net financing revenue relative to the baseline are defined as the sensitivity) Tj ET Q q 0 0 0 rg BT 373.79 556.30 Td (. Our simulations incorporate contractual cash flows ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 545.50 Td (and repricing characteristics for all assets, liabilities, and of) Tj ET Q q 0 0 0 rg BT 265.26 545.50 Td (f-balance-sheet exposures and incorporate the ef) Tj ET Q q 0 0 0 rg BT 439.26 545.50 Td (fects of changing interest rates on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 534.70 Td (the prepayment and attrition rates of certain assets and liabilities. Our simulation does not assume any specific future actions are taken to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 523.90 Td (mitigate the impacts of changing interest rates.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 69.50 505.10 Td (The net financing revenue sensitivity tests measure the potential change in our pretax net financing revenue over the following 12 ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 494.30 Td (months. ) Tj ET Q q 0 0 0 rg BT 82.01 494.30 Td (A) Tj ET Q q 0 0 0 rg BT 88.01 494.30 Td ( number of alternative rate scenarios are tested, including immediate and gradual parallel shocks to the implied market forward ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 483.50 Td (curve.Management also evaluates nonparallel shocks to interest rates and stresses to certain term points on the yield curve in isolation to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 472.70 Td (capture and monitor a number of risk types.Relative to our baseline forecast, which is based on the implied forward curve, our net financing ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 461.90 Td (revenue over the next 12 months would increase by $13 million if interest rates remain unchanged.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 443.10 Td (The following table presents the pretax dollar impact to forecasted net financing revenue over the next 12 months assuming 100 basis ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 432.30 Td (point and 200 basis point instantaneous parallel and gradual parallel shock increases, and assuming 100 basis point instantaneous parallel and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 421.50 Td (gradual parallel shock decreases to the implied market forward curve) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 298.14 421.50 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 383.00 385.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 383.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 383.00 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 383.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 383.00 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 355.00 385.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 355.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.00 355.00 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 355.00 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 355.00 65.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 397 m 494 397 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 397 m 498 397 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 397 m 563 397 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 383 m 435 383 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 383 m 439 383 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 383 m 494 383 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494 383 m 498 383 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 383 m 563 383 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 50 327 m 435 327 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 435 327 m 439 327 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 439 327 m 494 327 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 494 327 m 498 327 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 498 327 m 563 327 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.20 401.45 Td (December) Tj ET Q q 0 0 0 rg BT 503.09 401.45 Td ( 31, 2019) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 52.50 387.45 Td (\($ in millions\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.35 387.45 Td (Gradual \(a\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.95 387.45 Td (Instantaneous) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 373.46 Td (Change in interest rates) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 359.46 Td (-100 basis points) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.50 359.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.50 359.45 Td (17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.50 359.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 359.45 Td (67) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 345.46 Td (+100 basis points) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 345.45 Td (\(1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 345.45 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 555.00 345.45 Td (7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.50 331.46 Td (+200 basis points) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 331.45 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 543.00 331.45 Td (\(136) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 559.50 331.45 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 317.90 Td (\(a\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.50 317.90 Td (Gradual changes in interest rates are recognized over 12 months.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 299.10 Td (The implied forward rate curve was lower across all tenors compared to December 31, 2018, and includes one projected rate cut in the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 288.30 Td (federal funds tar) Tj ET Q q 0 0 0 rg BT 108.31 288.30 Td (get rate in the forecast horizon. ) Tj ET Q q 0 0 0 rg BT 222.35 288.30 Td (The impact of this change is reflected in our baseline net financing revenue projections. ) Tj ET Q q 0 0 0 rg BT 539.48 288.30 Td (As of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 277.50 Td (December 31, 2019, our net interest income sensitivity in the +100 and +200 basis point instantaneous shock scenarios has primarily been ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 266.70 Td (impacted by a net decrease in pay-fixed interest rate swaps, partially of) Tj ET Q q 0 0 0 rg BT 305.23 266.70 Td (fset by funding sources shifting from short-term market-based funding ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 255.90 Td (to deposits.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 237.10 Td (The exposure in the downward instantaneous interest rate shock scenario has decreased) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 382.14 237.10 Td ( in 2019 ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.89 237.10 Td (primarily due to the lower pay-fixed ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 226.30 Td (interest rate swap notional referenced above as well as the addition of interest rate floor contracts, partially of) Tj ET Q q 0 0 0 rg BT 443.18 226.30 Td (fset by increased mortgage ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 215.50 Td (prepayment risk in a lower interest rate environment.) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 196.70 Td (Our risk position is influenced by the impact of hedging activity which primarily consists of interest rate swaps designated as fair value ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 185.90 Td (hedges of certain fixed-rate assets and fixed-rate debt instruments, and pay-fixed interest rate swaps designated as cash flow hedges of certain ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 175.10 Td (floating-rate debt instruments. During the year ended December 31, 2019, we initiated a hedging program of interest rate floor contracts ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 164.30 Td (designated as cash flow hedges on certain floating-rate assets. ) Tj ET Q q 0 0 0 rg BT 274.26 164.30 Td (The size, maturity) Tj ET Q q 0 0 0 rg BT 338.90 164.30 Td (, and mix of our hedging activities are adjusted as our balance ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 49.50 153.50 Td (sheet,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 70.24 153.50 Td ( asset liability management ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 170.71 153.50 Td (objectives, and interest rate environment evolve over time.) Tj ET Q BT /F1 9.00 Tf ET endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.25 403.00 Td (\(This page intentionally left blank\)) Tj ET Q endstream endobj 43 0 obj <> /View <>>>>> endobj 44 0 obj <> /View <>>>>> endobj 45 0 obj <> endobj 46 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;