Citibank 2010 Annual Report Download - page 86

84
Loans Outstanding
In millions of dollars at year end 2010 2009 2008 2007 2006
Consumer loans
In U.S. offices
Mortgage and real estate (1) $151,469 $183,842 $219,482 $240,644 $208,592
Installment, revolving credit, and other 28,291 58,099 64,319 69,379 62,758
Cards (2)(3) 122,384 28,951 44,418 46,559 48,849
Commercial and industrial 5,021 5,640 7,041 7,716 7,595
Lease financing 211 31 3,151 4,743
$307,167 $276,543 $335,291 $367,449 $332,537
In offices outside the U.S.
Mortgage and real estate (1) $ 52,175 $ 47,297 $ 44,382 $ 49,326 $ 41,859
Installment, revolving credit, and other 38,024 42,805 41,272 70,205 61,509
Cards 40,948 41,493 42,586 46,176 30,745
Commercial and industrial 18,584 14,780 16,814 18,422 15,750
Lease financing 665 331 304 1,124 960
$150,396 $146,706 $145,358 $185,253 $150,823
Total Consumer loans $457,563 $423,249 $480,649 $552,702 $483,360
Unearned income 69 808 738 787 460
Consumer loans, net of unearned income $457,632 $424,057 $481,387 $553,489 $483,820
Corporate loans
In U.S. offices
Commercial and industrial $ 14,334 $ 15,614 $ 26,447 $ 20,696 $ 18,066
Loans to financial institutions (2) 29,813 6,947 10,200 8,778 4,126
Mortgage and real estate (1) 19,693 22,560 28,043 18,403 17,476
Installment, revolving credit, and other 12,640 17,737 22,050 26,539 17,051
Lease financing 1,413 1,297 1,476 1,630 2,101
$ 77,893 $ 64,155 $ 88,216 $ 76,046 $ 58,820
In offices outside the U.S.
Commercial and industrial $ 69,718 $ 66,747 $ 79,421 $ 94,188 $ 88,449
Installment, revolving credit, and other 11,829 9,683 17,441 21,037 14,146
Mortgage and real estate (1) 5,899 9,779 11,375 9,981 7,932
Loans to financial institutions 22,620 15,113 18,413 20,467 21,827
Lease financing 531 1,295 1,850 2,292 2,024
Governments and official institutions 3,644 2,949 773 1,029 2,523
$114,241 $105,566 $129,273 $148,994 $136,901
Total Corporate loans $192,134 $169,721 $217,489 $225,040 $195,721
Unearned income (972) (2,274) (4,660) (536) (349)
Corporate loans, net of unearned income $191,162 $167,447 $212,829 $224,504 $195,372
Total loans—net of unearned income $648,794 $591,504 $694,216 $777,993 $679,192
Allowance for loan losses—on drawn exposures (40,655) (36,033) (29,616) (16,117) (8,940)
Total loans—net of unearned income and allowance for credit losses $608,139 $555,471 $664,600 $761,876 $670,252
Allowance for loan losses as a percentage of total loans—net of
unearned income (3) 6.31% 6.09% 4.27% 2.07% 1.32%
Allowance for Consumer loan losses as a percentage of total Consumer
loans—net of unearned income (3) 7.77% 6.70% 4.61% 2.26%
Allowance for Corporate loan losses as a percentage of total Corporate
loans—net of unearned income (3) 2.76% 4.56% 3.48% 1.61%
(1) Loans secured primarily by real estate.
(2) 2010 includes the impact of consolidating entities in connection with Citi’s adoption of SFAS 167 (see discussion on page 24 and Note 1 to the Consolidated Financial Statements).
(3) Excludes loans in 2010 that are carried at fair value.