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Regulatory Capital and Other Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2017
Regulatory Capital Requirements [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]
The following table summarizes our capital ratios under the U.S. Basel III capital framework.
 
December 31, 2017
 
December 31, 2016
 
Required minimum (a)
 
Well-capitalized minimum
($ in millions)
Amount
 
Ratio
 
Amount
 
Ratio
 
Capital ratios
 
 
 
 
 
 
 
 
 
 
 
Common Equity Tier 1 (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
Ally Financial Inc.
$
13,237

 
9.53
%
 
$
12,978

 
9.37
%
 
4.50
%
 
(b)

Ally Bank
17,059

 
15.04

 
17,888

 
16.70

 
4.50

 
6.50
%
Tier 1 (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
Ally Financial Inc.
$
15,628

 
11.25
%
 
$
15,147

 
10.93
%
 
6.00
%
 
6.00
%
Ally Bank
17,059

 
15.04

 
17,888

 
16.70

 
6.00

 
8.00

Total (to risk-weighted assets)
 
 
 
 
 
 
 
 
 
 
 
Ally Financial Inc.
$
17,974

 
12.94
%
 
$
17,419

 
12.57
%
 
8.00
%
 
10.00
%
Ally Bank
17,886

 
15.77

 
18,458

 
17.24

 
8.00

 
10.00

Tier 1 leverage (to adjusted quarterly average assets) (c)
 
 
 
 
 
 
 
 
 
 
 
Ally Financial Inc.
$
15,628

 
9.53
%
 
$
15,147

 
9.54
%
 
4.00
%
 
(b)

Ally Bank
17,059

 
12.87

 
17,888

 
15.21

 
4.00

(d) 
5.00
%
(a)
In addition to the minimum risk-based capital requirements for common equity Tier 1 capital, Tier 1 capital, and total capital ratios, Ally and Ally Bank were required to maintain a minimum capital conservation buffer of 1.25% and 0.625% at December 31, 2017, and December 31, 2016, respectively, which ultimately increases to 2.5% on January 1, 2019.
(b)
Currently, there is no ratio component for determining whether a BHC is “well-capitalized.”
(c)
Federal regulatory reporting guidelines require the calculation of adjusted quarterly average assets using a daily average methodology.
(d)
On August 22, 2017, banking agencies lifted the capital, liquidity, and business plan commitments that Ally Bank had made in connection with its application for membership in the Federal Reserve System, including the commitment to maintain a Tier 1 leverage ratio of at least 15%. Ally Bank now manages its capital and liquidity subject to applicable regulatory requirements.
Schedule of Common Share Repurchase Activity [Table Text Block]
The following table presents information related to our common stock for each quarter since the commencement of our common stock repurchase programs and initiation of a quarterly cash dividend on common stock.
($ in millions, except per share data; shares in thousands)
4th quarter 2017
3rd quarter 2017
2nd quarter 2017
1st quarter 2017
4th quarter 2016
3rd quarter 2016
Common stock repurchased during period (a)
 
 
 
 
 
 
Approximate dollar value
$
190

$
190

$
204

$
169

$
167

$
159

Number of shares
7,033

8,507

10,485

8,097

8,745

8,298

Number of common shares outstanding
 
 
 
 
 
 
Beginning of period
443,796

452,292

462,193

467,000

475,470

483,753

End of period
437,054

443,796

452,292

462,193

467,000

475,470

Cash dividends declared per common share (b)
$
0.12

$
0.12

$
0.08

$
0.08

$
0.08

$
0.08

(a)
Includes shares of common stock withheld to cover income taxes owed by participants in our share-based incentive plans.
(b)
On January 10, 2018, the Board declared a quarterly cash dividend payment of $0.13 per share on all common stock, a $0.01 per share increase relative to our prior quarterly cash dividend. Refer to Note 32 for further information regarding this common stock dividend.