Citibank 2008 Annual Report Download - page 59
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LOANS OUTSTANDING
In millions of dollars at year end 2008 2007 (2) 2006 (2) 2005 (2) 2004 (2)
Consumer loans
In U.S. offices:
Mortgage and real estate (1) $229,565 $251,927 $225,900 $192,045 $161,755
Installment, revolving credit, and other 130,826 140,797 131,008 127,432 134,128
Lease financing 31 3,151 4,743 5,095 6,030
$360,422 $395,875 $361,651 $324,572 $301,913
In offices outside the U.S.:
Mortgage and real estate (1) $ 48,277 $ 55,152 $ 44,457 $ 39,619 $ 39,601
Installment, revolving credit, and other 109,932 139,369 105,393 89,559 92,647
Lease financing 304 1,124 960 866 1,619
$158,513 $195,645 $150,810 $130,044 $133,867
$518,935 $591,520 $512,461 $454,616 $435,780
Unearned income 738 787 460 4 (554)
Consumer loans—net $519,673 $592,307 $512,921 $454,620 $435,226
Corporate loans
In U.S. offices:
Commercial and industrial $ 33,450 $ 30,092 $ 23,311 $ 20,846 $ 13,821
Loans to financial institutions 10,200 8,778 4,126 1,235 616
Lease financing 1,476 1,630 2,101 1,952 1,879
Mortgage and real estate (1) 6,560 2,220 168 29 100
$ 51,686 $ 42,720 $ 29,706 $ 24,062 $ 16,416
In offices outside the U.S.:
Commercial and industrial $ 99,389 $116,145 $105,872 $ 80,116 $ 77,052
Mortgage and real estate (1) 7,480 4,156 5,334 5,206 3,928
Loans to financial institutions 18,413 20,467 21,827 16,889 12,921
Lease financing 1,850 2,292 2,024 2,082 2,485
Governments and official institutions 385 442 1,857 882 1,100
$127,517 $143,502 $136,914 $105,175 $ 97,486
$179,203 $186,222 $166,620 $129,237 $113,902
Unearned income (4,660) (536) (349) (354) (299)
Corporate loans—net $174,543 $185,686 $166,271 $128,883 $113,603
Total loans—net of unearned income $694,216 $777,993 $679,192 $583,503 $548,829
Allowance for loan losses—on drawn exposures (29,616) (16,117) (8,940) (9,782) (11,269)
Total loans—net of unearned income and allowance for credit losses $664,600 $761,876 $670,252 $573,721 $537,560
Allowance for loan losses as a percentage of total loans—net of unearned income 4.27% 2.07% 1.32% 1.68% 2.05%
(1) Loans secured primarily by real estate.
(2) Reclassified to conform to current year’s presentation.
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