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68 Bank of Montreal Group of Companies 1999 Annual Report
Supplemental Information
Table 15 Net Impaired Loans and Acceptances
–
Segmented Information ($ millions except as noted)
Canada (a) United States (a) Mexico (a)
As at October 31 1999 1998 1997 1996 1995 1999 1998 1997 1996 1995 1999 1998 1997 1996 1995
Individuals
Residential mortgages 129 105 94 122 66 0000000000
Consumer instalments and
other personal loans 48 34 22 27 32 0000000000
Total individuals 177 139 116 149 98 0000000000
Diversified commercial (b) 344 236 143 341 341 135 108 158 349 721 10 0000
General allowance (820) (735) (625) (425) (275) (150) (150) (150) (50) (50) 00000
Designated lesser-developed
countries (LDC) 000000000000000
Total net impaired loans
and acceptances (NIL) (299) (360) (366) 65 164 (15) (42) 8 299 671 10 0000
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 (0.38) (0.47) (0.47) 0.09 0.26 (0.03) (0.09) 0.02 0.95 2.47 2.76 0.00 0.00 0.00 0.00
NIL as a % of net loans
and acceptances (e)
Individuals 0.38 0.32 0.26 0.37 0.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Diversified commercial 1.37 0.87 0.55 1.46 1.44 0.35 0.38 0.67 1.82 4.21 2.76 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
Table 14 Allocation of Allowance for Credit Losses
–
Segmented Information ($ millions except as noted)
Canada (a) United States (a) Mexico (a)
As at October 31 1999 1998 1997 1996 1995 1999 1998 1997 1996 1995 1999 1998 1997 1996 1995
Individuals
Residential mortgages 449960000000000
Consumer instalments and
other personal loans 545983566900000
Total individuals 98141814 3566900000
Diversified commercial (b) 134 125 255 292 301 182 113 90 234 239 00000
General allowance 820 735 625 425 275 150 150 150 50 50 00000
Designated lesser-developed
countries (LDC)
Specific allowance 000000000000000
Country risk allowance 000000000000000
Off-balance sheet 001200000000000
Allowance for
credit losses (ACL) 963 868 895 737 590 335 268 246 290 298 00000
Coverage Ratios
ACL as a % of gross
impaired loans and
acceptances (GIL) 145.0 170.9 169.3 91.9 78.2 104.7 118.6 96.9 49.2 30.8 0.0 0.0 0.0 0.0 0.0
ACL as a % of GIL (c)
Individuals 4.8 5.4 10.8 10.8 12.5 100.0 100.0 100.0 100.0 100.0 0.0 0.0 0.0 0.0 0.0
Diversified commercial (b) 28.0 34.6 64.1 46.1 46.9 57.4 51.1 36.3 40.1 24.9 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
(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 (
1999
–
$79 million,
1998
–
$98 million, 1997
–
$93 million, 1996
–
$108 million, 1995
–
$360 million).
(e) Segmented 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