Bank of Montreal 1997 Annual Report Download - page 60

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Supplemental Information Continued
Bank of Montreal 180th Annual Report 1997
54
Table 5 Average Balances and Average Interest Rates of Assets and Liabilities
($ millions except as noted)
1997 1996* 1995*
Average Average Average
Average interest Interest Average interest Interest Average interest Interest
For the year ended October 31
balances yield
(%)
income balances yield
(%)
income balances yield
(%)
income
Assets
Canadian Dollars
Deposits with other banks 2,387 3.19 76 2,097 4.87 102 1,977 6.45 128
Securities 21,693 4.93 1,069 20,475 6.44 1,319 21,231 5.26 1,117
Loans
Residential mortgages 30,415 6.88 2,091 26,625 7.83 2,084 23,906 8.37 2,001
Non-residential mortgages 1,621 7.86 128 1,531 8.94 137 1,508 9.71 146
Consumer instalment and other personal loans 11,389 6.76 769 10,509 8.18 859 10,018 9.45 946
Credit card loans 2,264 11.10 251 2,405 12.93 311 2,250 12.72 286
Loans to businesses and governments
(a)
24,802 5.72 1,419 19,295 7.27 1,402 18,517 7.97 1,476
Total loans 70,491 6.61 4,658 60,365 7.94 4,793 56,199 8.64 4,855
Other non-interest bearing assets 10,191 6,087 3,723
Total Canadian dollars 104,762 5.54 5,803 89,024 6.98 6,214 83,130 7.34 6,100
U.S. Dollar and Other Currencies
Deposits with other banks 22,909 5.48 1,256 16,462 5.36 882 12,799 5.70 729
Securities 17,118 6.90 1,182 12,842 7.08 909 10,047 7.23 726
Loans
Residential mortgages 2,009 7.66 154 1,538 7.82 120 1,177 8.01 94
Non-residential mortgages 671 8.42 56 358 8.53 30 489 7.97 39
Consumer instalment and other personal loans 2,404 8.49 204 1,612 8.36 135 1,317 8.28 109
Credit card loans 1,194 14.27 170 1,356 13.34 181 1,254 13.39 168
Loans to businesses and governments
(a)
36,367 7.75 2,818 29,369 7.22 2,121 26,592 7.91 2,103
Total loans 42,645 7.98 3,402 34,233 7.56 2,587 30,829 8.15 2,513
Other non-interest bearing assets 9,287 5,755 7,310
Total U.S. dollar and other currencies 91,959 6.35 5,840 69,292 6.32 4,378 60,985 6.51 3,968
Total All Currencies
Total assets and interest income 196,721 5.92 11,643 158,316 6.69 10,592 144,115 6.98 10,068
1997 1996* 1995*
Average Average Average
Average interest Interest Average interest Interest Average interest Interest
For the year ended October 31
balances cost
(%)
expense balances cost
(%)
expense balances cost
(%)
expense
Liabilities
Canadian Dollars
Deposits
Banks 3,468 2.99 104 2,749 4.13 114 2,757 6.13 169
Businesses and governments 19,901 1.35 269 13,288 3.87 514 12,159 5.10 620
Individuals 43,784 3.25 1,421 44,156 4.50 1,985 41,928 5.04 2,114
Total deposits 67,153 2.67 1,794 60,193 4.34 2,613 56,844 5.11 2,903
Subordinated debt and other interest bearing liabilities 21,599 5.49 1,184 15,667 6.27 982 14,094 2.67 377
Other non-interest bearing liabilities 8,080 6,185 5,733
Total Canadian dollars 96,832 3.08 2,978 82,045 4.38 3,595 76,671 4.28 3,280
U.S. Dollar and Other Currencies
Deposits
Banks 25,457 5.35 1,362 21,896 5.37 1,175 22,163 5.68 1,259
Businesses and governments 26,156 5.67 1,483 21,249 4.43 942 18,865 4.91 926
Individuals 13,275 4.29 569 9,809 4.12 404 7,025 4.40 309
Total deposits 64,888 5.26 3,414 52,954 4.76 2,521 48,053 5.19 2,494
Subordinated debt and other interest bearing liabilities 19,693 5.41 1,065 14,155 5.40 765 11,148 6.55 730
Other non-interest bearing liabilities 7,034 1,842 1,441
Total U.S. dollar and other currencies 91,615 4.89 4,479 68,951 4.76 3,286 60,642 5.32 3,224
Total All Currencies
Total liabilities and interest expense 188,447 3.96 7,457 150,996 4.56 6,881 137,313 4.74 6,504
Shareholders’ equity 8,274 7,320 6,802
Total liabilities and shareholders’ equity and interest expense
196,721 3.79 7,457 158,316 4.35 6,881 144,115 4.51 6,504
Net interest spread on average assets and net interest income
2.13 4,186 2.34 3,711 2.47 3,564
*Reclassified to conform with the current year’s presentation.
The above table presents daily average balances and average yield and cost on assets and liabilities on a TEB basis. (Refer to the glossary on page 90 for a definition of TEB.)
(a) Includes securities purchased under resale agreements.