Bank of Montreal 2004 Annual Report Download - page 78

Table 9 Average Assets, Liabilities and Interest Rates (teb) ($ millions, except as noted)
2004 2003 2002
Average Interest Average Interest Average Interest
Average interest income/ Average interest income/ Average interest income/
For the year ended October 31 balances rate (%) expense balances rate (%) expense balances rate (%) expense
Assets
Canadian Dollar
Deposits with other banks 1,682 2.50 42 1,679 3.07 52 2,377 2.81 68
Securities 28,924 3.25 940 27,041 3.45 933 23,441 3.49 817
Loans
Residential mortgages 48,592 4.90 2,380 43,804 5.31 2,324 39,710 5.60 2,222
Non-residential mortgages 2,439 6.27 153 2,352 6.40 151 2,272 6.69 151
Consumer instalment and other personal 15,863 5.35 849 14,964 6.12 916 14,582 5.91 861
Credit cards 3,288 10.63 349 2,570 10.78 277 1,635 10.42 170
Businesses and governments (1) 33,002 4.01 1,324 29,158 4.87 1,419 27,509 4.52 1,244
Total loans 103,184 4.90 5,055 92,848 5.48 5,087 85,708 5.42 4,648
Other non-interest bearing assets 39,313 29,877 15,789
Total Canadian dollar 173,103 3.49 6,037 151,445 4.01 6,072 127,315 4.35 5,533
U.S. Dollar and Other Currencies
Deposits with other banks 17,408 2.28 396 13,720 2.22 304 13,244 3.29 436
Securities 26,070 2.59 675 24,977 3.28 819 19,902 4.54 903
Loans
Residential mortgages 5,848 4.54 265 5,646 5.03 284 5,307 6.12 325
Non-residential mortgages 2,158 5.63 122 2,008 6.35 127 1,977 6.82 135
Consumer instalment and other personal 7,352 4.45 327 6,330 5.16 326 5,507 6.19 341
Credit cards 24 4.89 1 59 2.88 2 55 3.49 2
Businesses and governments (1) 30,781 3.16 973 37,424 3.06 1,145 41,153 3.81 1,565
Total loans 46,163 3.66 1,688 51,467 3.66 1,884 53,999 4.39 2,368
Other non-interest bearing assets 7,048 22,357 33,530
Total U.S. dollar and other currencies 96,689 2.85 2,759 112,521 2.67 3,007 120,675 3.07 3,707
Total All Currencies
Total assets and interest income 269,792 3.26 8,796 263,966 3.44 9,079 247,990 3.73 9,240
Liabilities
Canadian Dollar
Deposits
Banks 1,737 1.70 29 1,609 2.29 37 1,455 1.18 17
Businesses and governments 45,200 0.83 376 37,403 1.10 411 34,955 0.77 268
Individuals 56,783 2.18 1,239 55,037 2.48 1,366 50,180 2.62 1,317
Total deposits 103,720 1.58 1,644 94,049 1.93 1,814 86,590 1.85 1,602
Subordinated debt and other interest bearing liabilities 19,599 3.35 656 17,350 3.96 687 15,665 4.10 643
Other non-interest bearing liabilities 37,049 28,274 14,038
Total Canadian dollar 160,368 1.43 2,300 139,673 1.79 2,501 116,293 1.93 2,245
U.S. Dollar and Other Currencies
Deposits
Banks 22,539 1.53 345 20,428 1.49 304 15,583 2.17 338
Businesses and governments 33,353 1.67 556 31,396 1.74 546 33,752 2.20 742
Individuals 18,328 1.09 199 19,745 1.49 293 20,464 2.20 451
Total deposits 74,220 1.48 1,100 71,569 1.60 1,143 69,799 2.19 1,531
Subordinated debt and other interest bearing liabilities 19,042 1.76 335 23,506 1.63 384 21,782 2.43 529
Other non-interest bearing liabilities 3,033 17,092 28,686
Total U.S. dollar and other currencies 96,295 1.49 1,435 112,167 1.36 1,527 120,267 1.71 2,060
Total All Currencies
Total liabilities and interest expense 256,663 1.46 3,735 251,840 1.60 4,028 236,560 1.82 4,305
Shareholders’ equity 13,129 12,126 11,430
Total Liabilities, Interest Expense and Shareholders’ Equity 269,792 1.38 3,735 263,966 1.53 4,028 247,990 1.74 4,305
Net interest margin and net interest income 1.88 5,061 1.91 5,051 1.99 4,935
(1) Includes securities purchased under resale agreements.
BMO Financial Group Annual Report 200474
Supplemental Information
Supplemental Information