Bank of Montreal 2013 Annual Report Download - page 105

SUPPLEMENTAL INFORMATION
Table 16: Changes in Allowance for Credit Losses –
Segmented Information ($ millions, except as noted)
Canada United States Other Countries
As at October 31 2013 2012 2011 2010 2009 2013 2012 2011 2010 2009 2013 2012 2011 2010 2009
Allowance for credit losses (ACL),
beginning of year
Consumer 518 464 454 327 245 291 270 145 41 20 – – – – –
Businesses and governments 450 468 473 503 463 659 797 859 970 978 18 12 42 61 41
Total ACL, beginning of year 968 932 927 830 708 950 1,067 1,004 1,011 998 18 12 42 61 41
Provision for credit losses
Consumer 523 544 527 359 408 262 401 350 324 276 – – – – –
Businesses and governments 133 90 152 126 109 (327) (267) 184 249 789 (2) (3) (1) (9) 21
Total provision for credit losses 656 634 679 485 517 (65) 134 534 573 1,065 (2) (3) (1) (9) 21
Recoveries
Consumer 81 91 80 76 57 95 125 61 61 47 – – – – –
Businesses and governments (1) 4 1 (3) 1 597 626 99 49 40 – – – – –
Total recoveries 80 95 81 73 58 692 751 160 110 87 – – – – –
Write-offs
Consumer
Businesses and governments (509) (160) (564) (76) (587) (136) (430) (114) (383) (68) (347) (280) (492) (461) (289) (289) (322) (348) (302) (739) – (3) – (1) – (29) – (2) – –
Total write-offs (669) (640) (723) (544) (451) (627) (953) (578) (670) (1,041) (3) (1) (29) (2) –
Other, including foreign exchange rate
changes
Consumer
Businesses and governments (11) 11 (17) (36) (10) (22) (14) 22 – (2) (23) 4 (13) (36) 3 (56) 39 (70) – (98) – (9) – 10 –
– – (8) – (1)
Total Other, including foreign
exchange rate changes – (53) (32) 8 (2) (19) (49) (53) (31) (98) (9) 10 – (8) (1)
ACL, end of year (4)
Consumer 602 518 464 318 327 278 291 270 143 41 – – – – –
Businesses and governments 433 450 468 534 503 653 659 797 850 970 4 18 12 42 61
Total ACL, end of year 1,035 968 932 852 830 931 950 1,067 993 1,011 4 18 12 42 61
Allocation of Write-offs by Market
Consumer
Businesses and governments
Allocation of Recoveries by Market
Consumer
(509)
(160)
81
(564)
(76)
91
(587)
(136)
80
(430)
(114)
76
(383)
(68)
57
(347)
(280)
95
(492)
(461)
125
(289)
(289)
61
(322)
(348)
61
(302)
(739)
47
–
(3)
–
–
(1)
–
–
(29)
–
–
(2)
–
–
–
–
Businesses and governments (1) 4 1 (3) 1 597 626 99 49 40 – – – – –
Net write-offs as a % of average loans
and acceptances (2) (6)
Net write-offs as a % of average loans
and acceptances excluding purchased
portfolios (2) (6)
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
un
Supplemental Information
Table 17: Allocation of Allowance for Credit Losses –
Segmented Information ($ millions, except as noted)
Canada United States Other countries
As at October 31 2013 2012 2011 2010 2009 2013 2012 2011 2010 2009 2013 2012 2011 2010 2009
Consumer
Residential mortgages
Consumer instalment and other 27 36 38 42 33 52 30 34 10 – – – – – –
personal loans 64 55 54 47 51 7 7 5 – – – – – – –
Total consumer 91 91 92 89 84 59 37 39 10 – – – – – –
Businesses and government
Off-balance sheet 153 – 172 – 153 – 168 – 157 – 137 41 129 29 218 45 272 9 294 – 4 – 18 – 12 – 42 – 61 –
Total specific allowances
Collective allowance 244 791 263 705 245 687 257 595 241 589 237 694 195 755 302 765 291 702 294 717 4 – 18 – 12 – 42 – 61 –
Allowance for credit losses 1,035 968 932 852 830 931 950 1,067 993 1,011 4 18 12 42 61
Coverage Ratios
Allowance for credit losses as a % of
gross impaired loans and
acceptances (GIL) (2)
Total 137.3 109.3 97.4 89.5 87.4 49.9 45.0 59.6 52.9 46.8 57.1 41.9 85.7 51.2 32.8
Consumer 26.2 27.0 24.8 21.6 20.1 8.4 5.7 10.1 3.2 – – ––––
Businesses and government 37.7 31.3 26.1 31.1 29.5 12.7 9.2 16.4 17.5 14.9 57.1 41.9 85.7 51.2 32.8
Allowance for credit losses as a % of
GIL excluding purchased portfolios (2)
Total 137.3 109.3 97.4 89.5 87.4 82.9 63.6 60.1 52.9 46.8 57.1 41.9 85.7 51.2 32.8
116 BMO Financial Group 196th Annual Report 2013