Citibank 2015 Annual Report Download - page 213

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195
The following are 12-month rollforwards of the credit-related impairments recognized in earnings for AFS and HTM debt securities held that the Company
does not intend to sell nor likely will be required to sell:
Cumulative OTTI credit losses recognized in earnings on securities still held
In millions of dollars
Dec. 31, 2014
balance
Credit impairments
recognized in
earnings on
securities not
previously impaired
Credit impairments
recognized in
earnings on
securities that have
been previously
impaired
Reductions due to
credit-impaired
securities sold,
transferred or
matured
Dec. 31, 2015
balance
AFS debt securities
Mortgage-backed securities $295 $— $ (1) $— $294
State and municipal — 8 — — 8
Foreign government securities 171 — — (1) 170
Corporate 118 2 (2) (6) 112
All other debt securities 149 22 (1) — 170
Total OTTI credit losses recognized for
AFS debt securities $ 733 $32 $ (4) $ (7) $754
HTM debt securities
Mortgage-backed securities (1) $ 670 $ 1 $ (1) $ (2) $668
Corporate — — — — —
All other debt securities 133 — — (1) 132
Total OTTI credit losses recognized for
HTM debt securities $ 803 $ 1 $ (1) $ (3) $800
(1) Primarily consists of Alt-A securities.
Cumulative OTTI credit losses recognized in earnings on securities still held
In millions of dollars
Dec. 31, 2013
balance
Credit impairments
recognized in
earnings on
securities not
previously impaired
Credit impairments
recognized in
earnings on
securities that have
been previously
impaired
Reductions due to
credit-impaired
securities sold,
transferred or
matured
Dec. 31, 2014
balance
AFS debt securities
Mortgage-backed securities $295 $— $— $ — $295
State and municipal — — — — —
Foreign government securities 171 — — — 171
Corporate 113 8 — (3) 118
All other debt securities 144 5 — — 149
Total OTTI credit losses recognized for
AFS debt securities $ 723 $13 $— $ (3) $733
HTM debt securities
Mortgage-backed securities (1) $ 678 $ 5 $— $ (13) $670
Corporate 56 — — (56) —
All other debt securities 133 — — — 133
Total OTTI credit losses recognized for
HTM debt securities $ 867 $ 5 $— $ (69) $803
(1) Primarily consists of Alt-A securities.