Citibank 2015 Annual Report Download - page 219

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The following tables present information about total impaired consumer loans and for interest income recognized on impaired consumer loans:
At and for the year ended December 31, 2015
In millions of dollars
Recorded
investment (1)(2)
Unpaid
principal balance
Related
specific
allowance (3)
Average
carrying value (4)
Interest income
recognized (5)
Mortgage and real estate
Residential first mortgages $ 6,038 $ 6,610 $ 739 $ 8,932 $439
Home equity loans 1,399 1,972 406 1,778 64
Credit cards 1,950 1,986 604 2,079 179
Installment and other
Individual installment and other 464 519 202 449 54
Commercial market loans 352 587 113 372 13
Total $10,203 $11,674 $ 2,064 $13,610 $749
(1) Recorded investment in a loan includes net deferred loan fees and costs, unamortized premium or discount and direct write-downs and includes accrued interest only on credit card loans.
(2) $1,151 million of residential first mortgages, $459 million of home equity loans and $86 million of commercial market loans do not have a specific allowance.
(3) Included in the Allowance for loan losses.
(4) Average carrying value represents the average recorded investment ending balance for the last four quarters and does not include the related specific allowance.
(5) Includes amounts recognized on both an accrual and cash basis.
At and for the year ended December 31, 2014
In millions of dollars
Recorded
investment (1)(2)
Unpaid
principal balance
Related
specific
allowance (3)
Average
carrying value (4)
Interest income
recognized (5)(6)
Mortgage and real estate
Residential first mortgages $13,551 $14,387 $ 1,920 $15,389 $ 690
Home equity loans 2,029 2,674 602 2,075 74
Credit cards 2,407 2,447 862 2,732 196
Installment and other
Individual installment and other 948 963 445 975 124
Commercial market loans 423 599 88 381 22
Total $19,358 $21,070 $ 3,917 $21,552 $ 1,106
(1) Recorded investment in a loan includes net deferred loan fees and costs, unamortized premium or discount and direct write-downs and includes accrued interest only on credit card loans.
(2) $1,896 million of residential first mortgages, $554 million of home equity loans and $158 million of commercial market loans do not have a specific allowance.
(3) Included in the Allowance for loan losses.
(4) Average carrying value represents the average recorded investment ending balance for the last four quarters and does not include the related specific allowance.
(5) Includes amounts recognized on both an accrual and cash basis.
(6) Interest income recognized for the year ended December 31, 2013 was $1,280 million.