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Supplemental Information
SUPPLEMENTAL INFORMATION
Table 12: Changes in Allowance for Credit Losses –
Segmented Information ($ millions, except as noted) (8)
Canada United States Other countries
As at October 31 2014 2013 2012 2011 2010 2014 2013 2012 2011 2010 2014 2013 2012 2011 2010
Allowance for credit losses (ACL),
beginning of year
Consumer 602 518 464 454 327 278 291 270 145 41 –––––
Businesses and governments 433 450 468 473 503 653 659 797 859 970 418 12 42 61
Total ACL, beginning of year 1,035 968 932 927 830 931 950 1,067 1,004 1,011 418 12 42 61
Provision for credit losses
Consumer 436 521 543 527 359 202 262 401 350 324 –––––
Businesses and governments 97 133 90 152 126 (172) (327) (267) 184 249 (2) (2) (3) (1) (9)
Total provision for credit losses 533 654 633 679 485 30 (65) 134 534 573 (2) (2) (3) (1) (9)
Recoveries
Consumer 99 81 91 80 76 102 95 125 61 61 –––––
Businesses and governments 15 (1) 4 1 (3) 408 597 626 99 49 –––––
Total recoveries 114 80 95 81 73 510 692 751 160 110 –––––
Write-offs
Consumer (500) (507) (563) (587) (430) (242) (347) (492) (289) (322) –––––
Businesses and governments (122) (160) (76) (136) (114) (285) (280) (461) (289) (348) –(3) (1) (29) (2)
Total write-offs (622) (667) (639) (723) (544) (527) (627) (953) (578) (670) –(3) (1) (29) (2)
Other, including foreign exchange rate
changes
Consumer (22) (11) (17) (10) (14) (7) (23) (13) 3 39 –––––
Businesses and governments (52) 11 (36) (22) 22 42 4 (36) (56) (70) (1) (9) 10 – (8)
Total Other, including foreign
exchange rate changes (74) – (53) (32) 8 35 (19) (49) (53) (31) (1) (9) 10 – (8)
ACL, end of year (4)
Consumer 615 602 518 464 318 333 278 291 270 143 –––––
Businesses and governments 371 433 450 468 534 646 653 659 797 850 14181242
Total ACL, end of year 986 1,035 968 932 852 979 931 950 1,067 993 14181242
Allocation of Write-offs by Market
Consumer (500) (507) (563) (587) (430) (242) (347) (492) (289) (322) –––––
Businesses and governments (122) (160) (76) (136) (114) (285) (280) (461) (289) (348) –(3) (1) (29) (2)
Allocation of Recoveries by Market
Consumer 99 81 91 80 76 102 95 125 61 61 –––––
Businesses and governments 15 (1) 4 1 (3) 408 597 626 99 49 –––––
Net write-offs as a % of average loans
and acceptances (2) (6) un un un un un un un un un un un un un un un
Table 13: Allocation of Allowance for Credit Losses –
Segmented Information ($ millions, except as noted)
Canada United States Other countries
As at October 31 2014 2013 2012 2011 2010 2014 2013 2012 2011 2010 2014 2013 2012 2011 2010
Consumer
Residential mortgages 20 27 36 38 42 66 52 30 34 10 –––––
Consumer instalment and other
personal loans 74 64 55 54 47 –775 ––––––
Total consumer 94 91 91 92 89 66 59 37 39 10 –––––
Businesses and governments 97 153 172 153 168 116 137 129 218 272 14181242
Off-balance sheet –– –––50 41 29 45 9 –––––
Total specific allowances 191 244 263 245 257 232 237 195 302 291 14181242
Collective allowance 795 791 705 687 595 747 694 755 765 702 –––––
Allowance for credit losses 986 1,035 968 932 852 979 931 950 1,067 993 14181242
Coverage Ratios
Allowance for credit losses as a % of
gross impaired loans
and acceptances (GIL) (2)
Total 132.9 137.3 109.3 97.4 89.5 71.4 49.9 45.0 59.6 52.9 20.0 57.1 41.9 85.7 51.2
Consumer 23.6 26.2 27.0 24.8 21.6 9.9 8.4 5.7 10.1 3.2 –––––
Businesses and governments 28.2 37.7 31.3 26.1 31.1 18.5 12.7 9.2 16.4 17.5 20.0 57.1 41.9 85.7 51.2
116 BMO Financial Group 197th Annual Report 2014
Total
2014 2013 2012 2011 2010
880 809 734 599 368
1,090 1,127 1,277 1,374 1,534
1,970 1,936 2,011 1,973 1,902
638 783 944 877 683
(77) (196) (180) 335 366
561 587 764 1,212 1,049
201 176 216 141 137
423 596 630 100 46
624 772 846 241 183
(742) (854) (1,055) (876) (752)
(407) (443) (538) (454) (464)
(1,149) (1,297) (1,593) (1,330) (1,216)
(7) (34) (30) (7) 25
(33) 6 (62) (78) (56)
(40) (28) (92) (85) (31)
948 880 809 734 461
1,018 1,090 1,127 1,277 1,426
1,966 1,970 1,936 2,011 1,887
(741) (854) (1,055) (876) (752)
(408) (443) (538) (454) (464)
201 176 216 141 137
423 596 630 100 46
0.18 0.20 0.30 0.51 0.60
Total
2014 2013 2012 2011 2010
86 79 66 72 52
74 71 62 59 47
160 150 128 131 99
214 294 319 383 482
50 41 29 45 9
424 485 476 559 590
1,542 1,485 1,460 1,452 1,297
1,966 1,970 1,936 2,011 1,887
93.6 75.8 64.1 73.2 64.9
14.9 14.3 13.1 17.3 13.7
22.0 19.7 16.0 19.9 22.2
117