Citibank 2015 Annual Report Download - page 98

80
ADDITIONAL CONSUMER AND CORPORATE CREDIT DETAILS
Loans Outstanding
December 31,
In millions of dollars 2015 2014 2013 2012 2011
Consumer loans
In U.S. offices
Mortgage and real estate (1) $ 80,281 $ 96,533 $108,453 $125,946 $139,177
Installment, revolving credit, and other 3,480 14,450 13,398 14,070 15,616
Cards 112,800 112,982 115,651 111,403 117,908
Commercial and industrial 6,407 5,895 6,592 5,344 4,766
Lease financing —— — — 1
$202,968 $229,860 $244,094 $256,763 $277,468
In offices outside the U.S.
Mortgage and real estate (1) $ 47,062 $ 54,462 $ 55,511 $ 54,709 $ 52,052
Installment, revolving credit, and other 29,480 31,128 33,182 33,958 32,673
Cards 27,342 32,032 36,740 40,653 38,926
Commercial and industrial 21,679 22,561 24,107 22,225 21,915
Lease financing 427 609 769 781 711
$125,990 $140,792 $150,309 $152,326 $146,277
Total consumer loans $328,958 $370,652 $394,403 $409,089 $423,745
Unearned income (2) 825 (682) (572) (418) (405)
Consumer loans, net of unearned income $329,783 $369,970 $393,831 $408,671 $423,340
Corporate loans
In U.S. offices
Commercial and industrial $ 41,147 $ 35,055 $ 32,704 $ 26,985 $ 20,830
Loans to financial institutions 36,396 36,272 25,102 18,159 15,113
Mortgage and real estate (1) 37,565 32,537 29,425 24,705 21,516
Installment, revolving credit, and other 33,374 29,207 34,434 32,446 33,182
Lease financing 1,780 1,758 1,647 1,410 1,270
$150,262 $134,829 $123,312 $103,705 $ 91,911
In offices outside the U.S.
Commercial and industrial $ 78,420 $ 79,239 $ 82,663 $ 82,939 $ 79,764
Loans to financial institutions 28,704 33,269 38,372 37,739 29,794
Mortgage and real estate (1) 5,106 6,031 6,274 6,485 6,885
Installment, revolving credit, and other 20,853 19,259 18,714 14,958 14,114
Lease financing 238 356 527 605 568
Governments and official institutions 4,911 2,236 2,341 1,159 1,576
$138,232 $140,390 $148,891 $143,885 $132,701
Total corporate loans $288,494 $275,219 $272,203 $247,590 $224,612
Unearned income (3) (660) (554) (562) (797) (710)
Corporate loans, net of unearned income $287,834 $274,665 $271,641 $246,793 $223,902
Total loans—net of unearned income $617,617 $644,635 $665,472 $655,464 $647,242
Allowance for loan losses—on drawn exposures (12,626) (15,994) (19,648) (25,455) (30,115)
Total loans—net of unearned income and allowance for credit losses $604,991 $628,641 $645,824 $630,009 $617,127
Allowance for loan losses as a percentage of total loans—net of unearned income (4) 2.06% 2.50% 2.97% 3.92% 4.69%
Allowance for consumer loan losses as a percentage of total consumer
loans—net of unearned income (4) 3.01% 3.68% 4.34% 5.57% 6.45%
Allowance for corporate loan losses as a percentage of total corporate
loans—net of unearned income (4) 0.96% 0.89% 0.97% 1.14% 1.31%
(1) Loans secured primarily by real estate.
(2) Unearned income on consumer loans primarily represents unamortized origination fees, costs, premiums and discounts. Prior to December 31, 2015, these items were more than offset by prepaid interest on loans
outstanding issued by OneMain Financial. The sale of OneMain Financial was completed on November 16, 2015.
(3) Unearned income on corporate loans primarily represents interest received in advance but not yet earned on loans originated on a discount basis.
(4) All periods exclude loans that are carried at fair value.