TD Bank 2010 Annual Report Download - page 32

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TD BANK GROUP ANNUAL REPORT 2010 MANAGEMENT’S DISCUSSION AND ANALYSIS30
Assets1
(millions of Canadian dollars) Canadian dollars U.S. dollars
2010 2009 2008 2010 2009 2008
Consumer loans $ 24,026 $ 20,371 $ 16,861 $ 23,550 $ 18,900 $ 15,844
Business and government loans 41,545 36,108 35,154 40,722 33,500 33,033
Debt securities classified as loans2 5,054 7,900 – 4,954 7,302 –
Investment securities3 36,590 27,998 28,366 35,866 25,879 26,655
Other assets 11,164 12,261 8,231 10,943 11,333 7,734
Total $ 118,379 $ 104,638 $ 88,612 $ 116,035 $ 96,914 $ 83,266
BUSINESS SEGMENT ANALYSIS
U.S. Personal and Commercial Banking
Operating under the brand name, TD Bank, America’s Most Convenient Bank, U.S. Personal and Commercial
Banking offers a full range of banking services to more than 6.5 million customers including individuals,
businesses, and governments.
1
Excluding all goodwill and other intangibles.
2
As a result of the 2009 Amendments to CICA Handbook Section 3855, certain
available-for-sale and held-to-maturity securities were reclassified to loans.
3
Investment securities at October 31, 2008 include $9,690 million (US $8,354 million)
of debt securities reclassified as loans in 2009.
(millions of Canadian dollars)
NET INCOME
09 1008
0
$1,000
500
750
250
$973
(percent)
EFFICIENCY RATIO
09 1008
80%
60
40
20
0
61%