Bank of Montreal 2002 Annual Report Download - page 65

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BMO FINANCIAL GROUP ANNUAL REPORT
2002
61
Total
2002 2001 2000 1999 1998
1,949 1,597 1,427 1,272 1,239
820 980 358 320 130
–––––
68 40 44 47 64
(884) (698) (251) (193) (195)
(4) 30 19 (19) 34
1,949 1,949 1,597 1,427 1,272
(176) (157) (139) (104) (93)
(708) (541) (67) (74) (99)
––
(45) (15) (3)
30 25 23 22 23
38 15 21 25 41
0.6 0.4 0.1 0.1 0.1
TABLE 17 Provision for Credit Losses – Segmented Information ($ millions)
For the year ended October 31 2002 2001 2000 1999 1998
Individuals
Residential mortgages 76577
Cards 58 48 35 26 26
Personal loans 79 74 73 48 30
Total loans to individuals 144 128 113 81 63
Diversified Commercial (d)
Commercial mortgages 610 (1)
––
Commercial real estate (2) (1) 1 (6) (66)
Construction (non-real estate) (23) 28 (2) 3 3
Retail trade 29 74 20 6 (5)
Wholesale trade 19 114 3 10 1
Agriculture 2(1) (10) 2 (5)
Communications 399 129
–
513
Manufacturing 94 280 81 14 4
Mining
–
5
––
(3)
Oil and gas 2(22) 6 43 (2)
Transportation 17 38 68 8 17
Utilities 69 17 (1)
–
3
Forest products 4
–
325
Service industries 19 18 14 46 (19)
Financial institutions 564 (6) 7 12
Other (2) (1) 1 14 (1)
Total commercial, corporate and institutional (e) 638 752 177 154 (43)
Net charge to earnings for general provision
–
100 110 85 110
Lesser-developed countries 38
–
(42)
––
Total provision for credit losses 820 980 358 320 130
TABLE 18 Allowance for Credit Losses – Segmented Information ($ millions)
As at October 31 2002 2001 2000 1999 1998
Diversified Commercial Specific
Allowance by Industry (d)
Commercial mortgages
–
6
–
45
Commercial real estate 912 30 28 35
Construction (non-real estate) 531544
Retail trade 18 59 23 7 8
Wholesale trade 109 80 12 8 13
Agriculture 14 31064
Communications 116 60 30 13 8
Manufacturing 175 300 96 37 62
Mining
––––
2
Oil and gas 20 18 51 44 1
Transportation 64 77 77 23 17
Utilities 87 19233
Forest products 610 19 7 6
Service industries 44 48 85 56 31
Financial institutions 11 26 35 35 27
Other 64 6318536
Total specific allowance for credit losses
on diversified commercial loans (b) 742 755 506 360 262
Total
2002 2001 2000 1999 1998
56644
48589
914 11 12 13
742 755 506 360 262
18
––
85 104
––– –
8
769 769 517 457 387
1,180 1,180 1,080 970 885
1,949 1,949 1,597 1,427 1,272
83.4 96.8 106.4 130.6 153.3
5.1 7.1 5.6 6.3 8.6
34.6 41.5 38.8 40.1 39.3
100.0 na na 100.0 100.0