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Supplemental Information Continued
Bank of Montreal 180th Annual Report 1997
58
Table 9 Net Loans and Acceptances – Segmented Information
($ millions)
Canada
(a)
United States
(a)
Mexico
(a)
As at October 31
1997 1996 1995 1994 1993 1997 1996 1995 1994 1993 1997 1996 1995 1994 1993
Individuals
Residential mortgages
(b)
30,995 26,539 23,412 21,588 19,073 2,594 1,926 1,490 1,118 915 00 0 0 0
Cards 877 2,528 2,357 2,133 2,061 1,035 1,314 1,482 1,128 835 00 0 0 0
Personal Loans 12,007 10,739 10,365 9,763 8,461 2,664 2,058 1,388 1,228 910 00 0 0 0
Total loans to individuals 43,879 39,806 36,134 33,484 29,595 6,293 5,298 4,360 3,474 2,660 00 0 0 0
Commercial, corporate
and institutional
Diversified commercial 26,152 23,326 23,657 23,095 21,758 23,497 19,075 17,132 16,405 14,592 433 485 430 489 290
Securities purchased under
resale agreements 7,679 6,960 4,772 5,265 2,245 10,721 7,121 5,733 9,307 5,413 00 0 0 0
Total commercial, corporate
and institutional 33,831 30,286 28,429 28,360 24,003 34,218 26,196 22,865 25,712 20,005 433 485 430 489 290
General allowance (625) (425) (275) (150) (100) (150) (50) (50) (50) 0 00 0 0 0
Designated lesser
developed countries 00 0 0 0 00 0 0 0 00 0 0 0
Total net loans and acceptances 77,085 69,667 64,288 61,694 53,498 40,361 31,444 27,175 29,136 22,665 433 485 430 489 290
Table 10 Allowance for Credit Losses – Segmented Information
($ millions except as noted)
Canada
(a)
United States
(a)
Mexico
(a)
As at October 31
1997 1996 1995 1994 1993 1997 1996 1995 1994 1993 1997 1996 1995 1994 1993
Allowance for credit losses
(ACL), beginning of year 737 590 653 843 651 290 298 359 483 476 00 0 0 1
Provision for credit losses 330 156 171 276 417 (55) 69 104 238 259 00 0 0 (1)
Transfer of allowance 0150 0 0 0 00 0 0 0 00 0 0 0
Recoveries 43 15 15 18 27 115 88 37 56 31 00 0 0 0
Write-offs
(e)
(216) (174) (255) (488) (260) (118) (170) (195) (456) (313) 00 0 0 0
Other, including foreign exchange 10 6 4 8 14 5(7) 38 30 00 0 0 0
ACL, end of year 895 737 590 653 843 246 290 298 359 483 00 0 0 0
Allocation of Write-offs by Market
Individuals (106) (90) (74) (74) (100) (96) (60) (50) (45) (49) 00 0 0 0
Commercial, corporate
and institutional (110) (84) (181) (414) (160) (22) (110) (145) (411) (264) 00 0 0 0
Designated lesser
developed countries (LDC) 00 0 0 0 00 0 0 0 00 0 0 0
Allocation of Recoveries by Market
Individuals 11 15 17 22 23 10 11 14 14 13 00 0 0 0
Commercial, corporate
and institutional 32 0(2) (4) 4 105 77 23 42 18 00 0 0 0
Designated LDC 00 0 0 0 00 0 0 0 00 0 0 0
Net write-offs as a % of
average loans and acceptances
(a) Geographic location is based on the ultimate risk of the underlying asset.
Provincial location is based on the booking location and/or customer residency.
(b) Excludes residential mortgages classified as commercial corporate loans
(1997 – $2.0 billion, 1996 – $1.6 billion, 1995 – $1.5 billion, 1994 – $1.5 billion,
1993 – $1.3 billion).
(c) No provision for securities purchased under resale agreements.
(d) Excludes the general allowance.
(e) Write-offs on designated lesser developed countries include losses on sales of per-
forming assets that were charged directly against the allowance (1997 – $3 million,
1996 – $109 million, 1995 – $115 million, 1994 – $0, 1993 – $65 million).