Bank of Montreal 2002 Annual Report Download - page 61

Download and view the complete annual report

Please find page 61 of the 2002 Bank of Montreal annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 102

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102

BMO FINANCIAL GROUP ANNUAL REPORT
2002
57
TABLE 9 Volume/Rate Analysis of Changes in Net Interest Income (teb) ($ millions)
2002/2001 2001/2000
Increase (decrease) due to change in: Increase (decrease) due to change in:
Average Average Average Average
For the year ended October 31 balance rate Total balance rate Total
Assets
Canadian Dollars
Deposits with other banks 11 (47) (36) (5) (16) (21)
Securities 169 (450) (281) 19 (115) (96)
Loans
Residential mortgages 273 (358) (85) 18 6 24
Non-residential mortgages 7 (11) (4) 1 (1)
–
Consumer instalment and other personal 34 (307) (273) 8 (58) (50)
Credit card 19 6 25 19 1 20
Businesses and governments (27) (565) (592) 114 (95) 19
Total loans 306 (1,235) (929) 160 (147) 13
Other non-interest bearing assets
––
Change in Canadian dollar interest income 486 (1,732) (1,246) 174 (278) (104)
U.S. Dollar and Other Currencies
Deposits with other banks (118) (236) (354) (114) (16) (130)
Securities (241) (316) (557) (195) (138) (333)
Loans
Residential mortgages 40 (31) 9 66 (1) 65
Non-residential mortgages 24 (23) 1 23 (2) 21
Consumer instalment and other personal 104 (107) (3) 75 (14) 61
Credit card 1 (1)
–
1
–
1
Businesses and governments (419) (1,333) (1,752) (68) (808) (876)
Total loans (250) (1,495) (1,745) 97 (825) (728)
Other non-interest bearing assets
––
Change in U.S. dollar and other currencies interest income (609) (2,047) (2,656) (212) (979) (1,191)
Total All Currencies
Change in total interest income (123) (3,779) (3,902) (38) (1,257) (1,295)
Liabilities
Canadian Dollars
Deposits
Banks (16) (39) (55) (20) (4) (24)
Businesses and governments 133 (1,075) (942) 2 (56) (54)
Individuals 130 (433) (303) 28 (60) (32)
Total deposits 247 (1,547) (1,300) 10 (120) (110)
Subordinated debt and other interest bearing liabilities 73 (163) (90) 105 (115) (10)
Other non-interest bearing liabilities
––
Change in Canadian dollar interest expense 320 (1,710) (1,390) 115 (235) (120)
U.S. Dollar and Other Currencies
Deposits
Banks (287) (426) (713) (296) (164) (460)
Businesses and governments (82) (698) (780) (72) (603) (675)
Individuals 77 (334) (257) 88 (86) 2
Total deposits (292) (1,458) (1,750) (280) (853) (1,133)
Subordinated debt and other interest bearing liabilities (249) (807) (1,056) (37) (308) (345)
Other non-interest bearing liabilities
––
Change in U.S. dollar and other currencies interest expense (541) (2,265) (2,806) (317) (1,161) (1,478)
Total All Currencies
Change in total interest expense (221) (3,975) (4,196) (202) (1,396) (1,598)
Change in total net interest income 98 196 294 164 139 303