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Bank of Montreal 180th Annual Report 199760
Supplemental Information Continued
Table 11 Allocation of 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
Individuals
Residential mortgages 99 6 6 5 00 0 0 0 00 0 0 0
Cards 00 0 0 0 00 0 0 0 00 0 0 0
Personal loans 59 8 10 12 66 9 8 13 00 0 0 0
Total individuals 14 18 14 16 17 66 9 8 13 00 0 0 0
Diversified commercial
(b)
255 292 301 487 724 90 234 239 301 459 00 0 0 0
General allowance 625 425 275 150 100 150 50 50 50 0 00 0 0 0
Designated lesser developed
countries (LDC)
Specific allowance 00 0 0 0 00 0 0 0 00 0 0 0
Country risk allowance 00 0 0 0 00 0 0 0 00 0 0 0
Off-balance sheet 12 0 0 2 00 0 0 11 00 0 0 0
Allowance for credit losses (ACL) 895 737 590 653 843 246 290 298 359 483 00 0 0 0
Coverage Ratios
ACL as a % of gross impaired
loans and acceptances (GIL) 169.3 91.9 78.2 57.3 48.3 96.9 49.2 30.8 28.8 29.4 0.0 0.0 0.0 0.0 0.0
ACL as a % of GIL
(c)
Individuals 10.8 10.8 12.5 16.0 16.3 100.0 100.0 100.0 100.0 76.5 0.0 0.0 0.0 0.0 0.0
Diversified commercial 64.1 46.1 46.9 46.8 44.3 36.3 40.1 24.9 24.3 28.9 0.0 0.0 0.0 0.0 0.0
Designated LDC
(d)
na na na na na na na na na na na na na na na
Table 12 Net Impaired Loans (NIL) and Acceptances – 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
Individuals
Residential mortgages 94 122 66 45 49 00 0 0 0 00 0 0 0
Cards 35 4 11 3 00 0 0 0 00 0 0 0
Personal loans 19 22 28 28 35 00 0 0 4 00 0 0 0
Total individuals 116 149 98 84 87 00 0 0 4 00 0 0 0
Diversified commercial
(b)
143 341 341 553 912 158 349 721 939 1,128 00 0 0 0
General allowance (625) (425) (275) (150) (100) (150) (50) (50) (50) 0 00 0 0 0
Designated lesser
developed countries (LDC) 00 0 0 0 00 0 0 0 00 0 0 0
Total net impaired
loans and acceptances (NIL) (366) 65 164 487 899 8299 671 889 1,132 00 0 0 0
Condition Ratios
Gross impaired loans and
acceptances (GIL) as a % of equity
and allowance for credit losses NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
NIL as a % of net loans and acceptances
(0.47) 0.09 0.26 0.79 1.68 0.02 0.95 2.47 3.05 4.99 0.00 0.00 0.00 0.00 0.00
NIL as a % of net loans and acceptances
(e)
Individuals 0.26 0.37 0.27 0.25 0.29 0.00 0.00 0.00 0.00 0.15 0.00 0.00 0.00 0.00 0.00
Diversified commercial 0.55 1.46 1.44 2.39 4.19 0.67 1.82 4.21 5.72 7.73 0.00 0.00 0.00 0.00 0.00
Designated LDC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
(a) Geographic location is based on the ultimate risk of the underlying asset.
(b) No allowance or impaired exposure for securities purchased under resale agreements.
(c) Segment ACL as a percentage of segment GIL.
(d) Excludes LDC reservations in excess of impaired loans (1997 – $93 million,
1996 – $108 million, 1995 – $360 million, 1994 – $425 million, 1993 – $0).
(e) Segment NIL as a percentage of segment net loans and acceptances.
(f) Includes allowance of U.S. subsidiary in excess of impaired loans.
na – Not applicable.
NA – Not available.