Citibank 2015 Annual Report Download - page 224

206
Corporate Loans Credit Quality Indicators
Recorded investment in loans (1)
In millions of dollars
December 31,
2015
December 31,
2014
Investment grade (2)
Commercial and industrial $ 81,927 $ 80,812
Financial institutions 53,522 56,154
Mortgage and real estate 18,869 16,068
Leases 1,660 1,669
Other 51,449 46,284
Total investment grade $207,427 $200,987
Non-investment grade (2)
Accrual
Commercial and industrial $ 32,726 $ 29,003
Financial institutions 10,622 11,429
Mortgage and real estate 2,800 3,587
Leases 282 393
Other 6,867 3,609
Non-accrual
Commercial and industrial 1,039 575
Financial institutions 173 250
Mortgage and real estate 232 252
Leases 76 51
Other 44 55
Total non-investment grade $ 54,861 $ 49,204
Private bank loans managed on a
delinquency basis (2) $ 20,575 $ 18,616
Loans at fair value 4,971 5,858
Corporate loans, net of unearned income $287,834 $274,665
(1) Recorded investment in a loan includes net deferred loan fees and costs, unamortized premium or
discount, less any direct write-downs.
(2) Held-for-investment loans are accounted for on an amortized cost basis.
Impaired collateral-dependent loans and leases, where repayment is
expected to be provided solely by the sale of the underlying collateral and
there are no other available and reliable sources of repayment, are written
down to the lower of cost or collateral value, less cost to sell. Cash-basis loans
are returned to an accrual status when all contractual principal and interest
amounts are reasonably assured of repayment and there is a sustained period
of repayment performance, generally six months, in accordance with the
contractual terms of the loan.