Citibank 2011 Annual Report Download - page 91

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Details of Credit Loss Experience
In millions of dollars at year end 2011    
Allowance for loan losses at beginning of year $40,655     
Provision for loan losses
#ONSUMER $12,512    
#ORPORATE (739)    
$11,773    
Gross credit losses
Consumer
)Næ53æOFFICES $15,767     
)NæOFFICESæOUTSIDEæTHEæ53 5,397    
Corporate
-ORTGAGEæANDæREALæESTATE
)Næ53æOFFICES 182    
)NæOFFICESæOUTSIDEæTHEæ53 171    
'OVERNMENTSæANDæOFFICIALæINSTITUTIONSæOUTSIDEæTHEæ53 — 
,OANSæTOæFINANCIALæINSTITUTIONS
)Næ53æOFFICES 215    
)NæOFFICESæOUTSIDEæTHEæ53 391    
#OMMERCIALæANDæINDUSTRIAL
)Næ53æOFFICES 392    
)NæOFFICESæOUTSIDEæTHEæ53 649    
$23,164    
Credit recoveries
Consumer
)Næ53æOFFICES $ 1,467  æ  æ  æ  æ
)NæOFFICESæOUTSIDEæTHEæ53 1,273    
Corporate
-ORTGAGEæANDæREALæESTATE
)Næ53æOFFICES 27    
)NæOFFICESæOUTSIDEæTHEæ53 2
'OVERNMENTSæANDæOFFICIALæINSTITUTIONSæOUTSIDEæTHEæ53 — 
,OANSæTOæFINANCIALæINSTITUTIONS
)Næ53æOFFICES —
)NæOFFICESæOUTSIDEæTHEæ53 89    
#OMMERCIALæANDæINDUSTRIAL
)Næ53æOFFICES 175    
)NæOFFICESæOUTSIDEæTHEæ53 93    
$ 3,126  æ  æ  æ  æ
Net credit losses
)Næ53æOFFICES $14,887     æ
)NæOFFICESæOUTSIDEæTHEæ53 5,151    
Total $20,038     æ
/THERNETæ $ (2,275)       æ
Allowance for loan losses at end of year (2) $30,115    
!LLOWANCEæFORæUNFUNDEDæLENDINGæCOMMITMENTSæ $ 1,136        æ
Total allowance for loans, leases and unfunded lending commitments $31,251    
.ETæ#ONSUMERæCREDITæLOSSES $18,424     æ
!SæAæPERCENTAGEæOFæAVERAGEæ#ONSUMERæLOANS 4.20%    
.ETæ#ORPORATEæCREDITæLOSSESæRECOVERIES $ 1,614  æ  æ  æ  æ
!SæAæPERCENTAGEæOFæAVERAGEæ#ORPORATEæLOANS 0.79%    
Allowance for loan losses at end of period (4)
#ITICORP $12,656      
#ITIæ(OLDINGS 17,459    
4OTALæ#ITIGROUP $30,115    
Allowance by type
#ONSUMER $27,236    
#ORPORATE 2,879    
4OTALæ#ITIGROUP $30,115    
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