Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K OF AMERICAN EXPRESS COMPANY - AMERICAN EXPRESS CO | creditstatnov2016.htm |
|
U.S. Card Member Loans
|
Exhibit 99.1
|
|
Ending U.S. Card Member loans:
|
Oct. 31,
2015
|
Nov. 30,
2015
|
Dec. 31,
2015
|
Jan. 31,
2016
|
Feb. 29,
2016
|
Mar. 31,
2016
|
Apr. 30,
2016
|
May 31,
2016
|
Jun. 30,
2016
|
Jul. 31,
2016
|
Aug. 31,
2016
|
Sept. 30,
2016
|
Oct. 31,
2016
|
|||||||||||||||||||||||||||||||||||||||
|
U.S. Consumer
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Loans held for investment
|
$
|
52,551
|
$
|
53,818
|
$
|
43,496
|
$
|
42,474
|
$
|
41,697
|
$
|
42,432
|
$
|
42,965
|
$
|
44,174
|
$
|
44,594
|
$
|
44,785
|
$
|
45,049
|
$
|
44,857
|
$
|
45,519
|
||||||||||||||||||||||||||
|
Loans held for investment related to Costco and JetBlue*
|
12,055
|
12,329
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|||||||||||||||||||||||||||||||||||||||
|
Total loans held for investment excluding loans related to Costco and JetBlue
|
$
|
40,496
|
$
|
41,489
|
$
|
43,496
|
$
|
42,474
|
$
|
41,697
|
$
|
42,432
|
$
|
42,965
|
$
|
44,174
|
$
|
44,594
|
$
|
44,785
|
$
|
45,049
|
$
|
44,857
|
$
|
45,519
|
||||||||||||||||||||||||||
|
Total loans held for investment, growth versus prior year
|
7
|
%
|
7
|
%
|
(18
|
)%
|
(17
|
)%
|
(15
|
)%
|
(16
|
)%
|
(15
|
)%
|
(15
|
)%
|
(14
|
)%
|
(14
|
)%
|
(14
|
)%
|
(14
|
)%
|
(13
|
)%
|
||||||||||||||||||||||||||
|
Total loans held for investment excluding loans related to Costco and JetBlue, growth versus prior year
|
9
|
%
|
9
|
%
|
10
|
%
|
11
|
%
|
12
|
%
|
12
|
%
|
12
|
%
|
13
|
%
|
14
|
%
|
14
|
%
|
12
|
%
|
12
|
%
|
12 |
%
|
||||||||||||||||||||||||||
|
Loans held for sale related to Costco and JetBlue*
|
$
|
-
|
$
|
-
|
$
|
12,755
|
$
|
11,789
|
$
|
10,901
|
$
|
9,745
|
$
|
9,603
|
$
|
9,582
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
|
|||||||||||||||||||||||||
|
*
|
Note: Costco and JetBlue loans reclassified as held for sale as of December 2015. The Costco and JetBlue portfolios were sold as of June 17, 2016 and March 18, 2016, respectively.
|
-1-
|
Ending U.S. Card Member loans:
|
Oct. 31, 2015
|
Nov. 30,
2015
|
Dec. 31,
2015
|
Jan. 31,
2016
|
Feb. 29,
2016
|
Mar. 31,
2016
|
Apr. 30,
2016
|
May 31,
2016
|
Jun. 30,
2016
|
Jul. 31,
2016
|
Aug. 31,
2016
|
Sept. 30,
2016
|
Oct. 31,
2016
|
|||||||||||||||||||||||||||||||||||||||
|
U.S. Small Business
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Loans held for investment
|
$
|
10,195
|
$
|
10,126
|
$
|
7,951
|
$
|
8,042
|
$
|
7,970
|
$
|
8,268
|
$
|
8,438
|
$
|
8,530
|
$
|
8,644
|
$
|
8,740
|
$
|
8,781
|
$
|
9,013
|
$
|
9,209
|
||||||||||||||||||||||||||
|
Loans held for investment related to Costco and JetBlue*
|
2,288
|
2,295
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|||||||||||||||||||||||||||||||||||||||
|
Total loans held for investment excluding loans related to Costco and JetBlue
|
$
|
7,907
|
$
|
7,831
|
$
|
7,951
|
$
|
8,042
|
$
|
7,970
|
$
|
8,268
|
$
|
8,438
|
$
|
8,530
|
$
|
8,644
|
$
|
8,740
|
$
|
8,781
|
$
|
9,013
|
$
|
9,209
|
||||||||||||||||||||||||||
|
Total loans held for investment, growth versus prior year
|
10
|
%
|
8
|
%
|
(16
|
)%
|
(15
|
)%
|
(15
|
)%
|
(14
|
)%
|
(14
|
)%
|
(15
|
)%
|
(13
|
)%
|
(12
|
)%
|
(12
|
)%
|
(10
|
)%
|
(10
|
)%
|
||||||||||||||||||||||||||
|
Total loans held for investment excluding loans related to Costco and JetBlue, growth versus prior year
|
13
|
%
|
12
|
%
|
13
|
%
|
13
|
%
|
12
|
%
|
13
|
%
|
14
|
%
|
13
|
%
|
15
|
%
|
16
|
%
|
16
|
%
|
17
|
%
|
16
|
%
|
||||||||||||||||||||||||||
|
Loans held for sale related to Costco and JetBlue*
|
$
|
-
|
$
|
-
|
$
|
2,345
|
$
|
2,200
|
$
|
2,063
|
$
|
2,032
|
$
|
2,024
|
$
|
2,008
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
||||||||||||||||||||||||||
|
*
|
Note: Costco and JetBlue loans reclassified as held for sale as of December 2015. The Costco and JetBlue portfolios were sold as of June 17, 2016 and March 18, 2016, respectively.
|
-2-
|
Ending U.S. Card Member loans:
|
Oct. 31,
2015
|
Nov. 30,
2015
|
Dec. 31,
2015
|
Jan. 31,
2016
|
Feb. 29,
2016
|
Mar. 31,
2016
|
Apr. 30,
2016
|
May 31,
2016
|
Jun. 30,
2016
|
Jul. 31,
2016
|
Aug. 31,
2016
|
Sept. 30,
2016
|
Oct. 31,
2016
|
|||||||||||||||||||||||||||||||||||||||
|
Total U.S. Consumer and Small Business
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Loans held for investment
|
$
|
62,746
|
$
|
63,944
|
$
|
51,446
|
$
|
50,516
|
$
|
49,666
|
$
|
50,699
|
$
|
51,403
|
$
|
52,704
|
$
|
53,238
|
$
|
53,525
|
$
|
53,829
|
$
|
53,870
|
$
|
54,728
|
||||||||||||||||||||||||||
|
Loans held for investment related to Costco and JetBlue*
|
14,343
|
14,624
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|||||||||||||||||||||||||||||||||||||||
|
Total loans held for investment excluding loans related to Costco and JetBlue
|
$
|
48,404
|
$
|
49,320
|
$
|
51,446
|
$
|
50,516
|
$
|
49,666
|
$
|
50,699
|
$
|
51,403
|
$
|
52,704
|
$
|
53,238
|
$
|
53,525
|
$
|
53,829
|
$
|
53,870
|
$
|
54,728
|
||||||||||||||||||||||||||
|
Total loans held for investment, growth versus prior year
|
8
|
%
|
7
|
%
|
(18
|
)%
|
(16
|
)%
|
(15
|
)%
|
(15
|
)%
|
(15
|
)%
|
(15
|
)%
|
(14
|
)%
|
(13
|
)%
|
(14
|
)%
|
(13
|
)%
|
(13
|
)%
|
||||||||||||||||||||||||||
|
Total loans held for investment excluding loans related to Costco and JetBlue, growth versus prior year
|
10
|
%
|
10
|
%
|
10
|
%
|
11
|
%
|
12
|
%
|
12
|
%
|
12
|
%
|
13
|
%
|
14
|
%
|
14
|
%
|
13
|
%
|
13
|
%
|
13 |
%
|
||||||||||||||||||||||||||
|
Loans held for sale related to Costco and JetBlue*
|
$ | - | $ | - | $ | 15,100 | $ | 13,988 | $ |
12,964
|
$ |
11,777
|
$ |
11,627
|
$ |
11,590
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
||||||||||||||||||||||||||
|
*
|
Note: Costco and JetBlue loans reclassified as held for sale as of December 2015. The Costco and JetBlue portfolios were sold as of June 17, 2016 and March 18, 2016, respectively.
|
-3-
|
Delinquency and Write-off Rate Statistics:**
|
Oct. 31,
2015
|
Nov. 30,
2015
|
Dec. 31,
2015
|
Jan. 31,
2016
|
Feb. 29,
2016
|
Mar. 31,
2016
|
Apr. 30,
2016
|
May 31,
2016
|
Jun. 30,
2016
|
Jul. 31,
2016
|
Aug. 31,
2016
|
Sept. 30,
2016
|
Oct. 31, 2016
|
|||||||||||||||||||||||||||||||||||||||
|
U.S. Consumer
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
30 days past due loans as a % of total loans
|
1.0
|
%
|
1.0
|
%
|
1.0
|
%
|
1.0
|
%
|
1.0
|
%
|
1.0
|
%
|
0.9
|
%
|
0.9
|
%
|
1.1
|
%
|
1.1
|
%
|
1.1
|
%
|
1.1
|
%
|
1.1
|
%
|
||||||||||||||||||||||||||
|
Net write-off rate - principal only
|
1.4
|
%
|
1.5
|
%
|
1.4
|
%
|
1.4
|
%
|
1.4
|
%
|
1.5
|
%
|
1.5
|
%
|
1.6
|
%
|
1.3
|
%
|
1.6
|
%
|
1.6
|
%
|
1.6
|
%
|
1.6
|
%
|
||||||||||||||||||||||||||
|
U.S. Small Business
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
30 days past due loans as a % of total loans
|
1.0
|
%
|
1.0
|
%
|
1.1
|
%
|
1.0
|
%
|
1.1
|
%
|
1.0
|
%
|
1.0
|
%
|
1.0
|
%
|
1.1
|
%
|
1.1
|
%
|
1.1
|
%
|
1.1
|
%
|
1.1
|
%
|
||||||||||||||||||||||||||
|
Net write-off rate - principal only
|
1.3
|
%
|
1.2
|
%
|
1.2
|
%
|
1.4
|
%
|
1.4
|
%
|
1.4
|
%
|
1.4
|
%
|
1.3
|
%
|
1.2
|
%
|
1.5
|
%
|
1.6
|
%
|
1.6
|
%
|
1.5 |
%
|
||||||||||||||||||||||||||
|
**
|
All credit metrics for total loans held for investment. Costco and JetBlue loans reclassified as held for sale as of December 2015.
|
-4-