Citibank 2011 Annual Report Download - page 66

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Capital Resources of Citigroup’s U.S. Depository
Institutions
Citigroup’s U.S. subsidiary depository institutions are also subject to risk-
based capital guidelines issued by their respective primary federal bank
regulatory agencies, which are similar to the guidelines of the Federal
Reserve Board.
The following table sets forth the capital tiers and capital ratios of
Citibank, N.A., Citi’s primary U.S. subsidiary depository institution, as of
December 31, 2011 and December 31, 2010:
Citibank, N.A. Capital Tiers and Capital Ratios Under
Regulatory Guidelines(1)
In billions of dollars at year end, except ratios 2011 
4IERææ#OMMONæ#APITALæ $ 121.3  
4IERææ#APITAL 121.9 
4OTALæ#APITALæ4IERææ#APITALææ4IERææ#APITAL 134.3 
4IERææ#OMMONæRATIO 14.63% 
4IERææ#APITALæRATIO 14.70 
4OTALæ#APITALæRATIOæ 16.20 
,EVERAGEæRATIO 9.66 
æ %FFECTIVEæ*ULYæææ#ITIBANKæ3OUTHæ$AKOTAæ.!æMERGEDæINTOæ#ITIBANKæ.!æ4HEæAMOUNTæ
OFæ4IERææ#OMMONæ#APITALæ4IERææ#APITALæANDæ4OTALæ#APITALæANDæTHEæRESULTANTæCAPITALæRATIOSæATæ
$ECEMBERæææHAVEæBEENæRESTATEDæTOæREFLECTæTHISæMERGERæ4HEææ#APITALæ2ATIOSæABOVEæALSOæ
REFLECTæTHEæIMPACTæOFæDIVIDENDSæPAIDæBYæ#ITIBANKæ.!æTOæ#ITIGROUPæDURINGææ
Impact of Changes on Capital Ratios
The following table presents the estimated sensitivity of Citigroup’s and
Citibank, N.A.’s capital ratios to changes of $100 million in Tier 1 Common
Capital, Tier 1 Capital or Total Capital (numerator), or changes of $1 billion
in risk-weighted assets or adjusted average total assets (denominator), based
on financial information as of December 31, 2011. This information is
provided for the purpose of analyzing the impact that a change in Citigroup’s
or Citibank, N.A.’s financial position or results of operations could have
on these ratios. These sensitivities only consider a single change to either a
component of capital, risk-weighted assets or adjusted average total assets.
Accordingly, an event that affects more than one factor may have a larger
basis point impact than is reflected in this table.
Tier 1 Common ratio Tier 1 Capital ratio Total Capital ratio Leverage ratio
Impact of $100
million change in
Tier 1 Common Capital
Impact of $1
billion change in
risk-weighted
assets
Impact of $100
million change
in Tier 1 Capital
Impact of $1
billion change in
risk-weighted
assets
Impact of $100
million change
in Total Capital
Impact of $1
billion change in
risk-weighted
assets
Impact of $100
million change
in Tier 1 Capital
Impact of $1
billion change
in adjusted
average total
assets
#ITIGROUP 1.0 bps 1.2 bps 1.0 bps 1.4 bps 1.0 bps 1.8 bps 0.6 bps 0.4 bps
#ITIBANKæ.! 1.2 bps 1.8 bps 1.2 bps 1.8 bps 1.2 bps 2.0 bps 0.8 bps 0.8 bps
Broker-Dealer Subsidiaries
At December 31, 2011, Citigroup Global Markets Inc., a broker-dealer
registered with the SEC that is an indirect wholly owned subsidiary of
Citigroup, had net capital, computed in accordance with the SEC’s net
capital rule, of $7.8 billion, which exceeded the minimum requirement by
$7.0 billion.
In addition, certain of Citi’s other broker-dealer subsidiaries are subject
to regulation in the countries in which they do business, including
requirements to maintain specified levels of net capital or its equivalent.
Citigroup’s broker-dealer subsidiaries were in compliance with their capital
requirements at December 31, 2011.