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BMO Financial Group 186th Annual Report 200360
Supplemental Information
(a) Excludes residential mortgages classified as commercial corporate loans (2003
–
$3.3 billion,
2002
–
$3.2 billion, 2001
–
$3.2 billion, 2000
–
$2.9 billion, 1999
–
$2.8 billion).
(b)
Separate disclosure of credit exposure related to LDCs has been eliminated and reclassified to
its appropriate industry and region. 2001 and 2002 have been reclassified to conform with the
current year presentation. There are no net impaired loans and acceptances for LDCs.
(c) There was a change in the methodology of determining the geographical distribution of credit
information in fiscal 2003. For comparative purposes, 2002 credit information has been restated
on the same basis.
(d) There are no impaired securities purchased under resale agreements and no related allowances.
(e) Aggregate balances are net of specific and general allowances; the consumer, commercial and
corporate categories are stated net of specific allowances only.
(f) Excludes LDC reservations in excess of impaired loans of $79 million in 1999.
(g) Includes allowances of U.S. subsidiary in excess of impaired loans.
(h) Loans and acceptances returning to performing status, sales and repayments.
(i) Write-offs on designated LDCs include losses of $45 million on sales of performing assets that
were charged directly against the allowance in 2000.
(j)
Excludes ACL for off-balance sheet exposure of $6 million in 2003, as well as LDC reservation in
excess of impaired loans of $79 million in 1999.
NA
–
not available
Table 10 Net Loans and Acceptances
–
Segmented Information ($ millions)
Canada (c) United States (c) Other countries (c)
As at October 31 2003 2002 2001 2000 1999 2003 2002 2001 2000 1999 2003 2002 2001 2000 1999
Consumer
Residential mortgages (a) 43,533 38,865 33,741 32,342 31,858 5,307 5,469 5,000 4,211 3,512
–––––
Cards 2,963 2,275 1,521 1,382 1,144 45 6 25 16
–––––
Consumer instalment and
other personal loans 15,589 14,950 14,258 14,395 13,900 6,512 6,214 4,841 3,638 3,004
–––––
Total consumer 62,085 56,090 49,520 48,119 46,902 11,823 11,688 9,847 7,874 6,532
–––––
Commercial and corporate
Commercial and corporate,
excluding securities
purchased under resale
agreements (b) 33,844 34,012 35,847 35,886 25,083 24,441 30,287 33,881 31,818 38,507 1,867 3,035 1,896 3,300 3,434
Securities purchased under
resale agreements 6,288 8,491 8,397 6,693 8,523 6,988 7,173 6,557 9,615 11,202
––––
5,365
Total commercial and corporate
40,132 42,503 44,244 42,579 33,606 31,429 37,460 40,438 41,433 49,709 1,867 3,035 1,896 3,300 8,799
Lesser-developed
countries (LDCs)
(b)
–––––––––––––
222 205
Total loans and acceptances,
net of specific allowances 102,217 98,593 93,764 90,698 80,508 43,252 49,148 50,285 49,307 56,241 1,867 3,035 1,896 3,522 9,004
General allowance (800) (800) (855) (930) (820) (380) (380) (325) (150) (150)
–––––
Total net loans and acceptances 101,417 97,793 92,909 89,768 79,688 42,872 48,768 49,960 49,157 56,091 1,867 3,035 1,896 3,522 9,004
Table 11 Net Impaired Loans and Acceptances
–
Segmented Information ($ millions, except as noted)
Canada (c) United States (c) Other countries (c)
As at October 31 2003 2002 2001 2000 1999 2003 2002 2001 2000 1999 2003 2002 2001 2000 1999
Consumer
Residential mortgages 137 119 126 138 129
––––––––––
Consumer instalment and
other personal loans 39 39 54 48 48 510 2
–––––––
Total consumer 176 158 180 186 177 510 2
–––––––
Commercial and corporate (b)(d) 219 378 354 335 344 766 872 692 432 135 147 150 17 31 58
Total impaired loans and
acceptances, net of specific
allowances for credit losses 395 536 534 521 521 771 882 694 432 135 147 150 17 31 58
General allowance (800) (800) (855) (930) (820) (380) (380) (325) (150) (150)
–––––
Total net impaired loans
and acceptances (NIL) (405) (264) (321) (409) (299) 391 502 369 282 (15) 147 150 17 31 58
Condition Ratios
Gross impaired loans and
acceptances as a % of equity
and allowance for credit losses NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
NIL as a % of net loans
and acceptances (e) (0.40) (0.27) (0.35) (0.46) (0.38) 0.91 1.03 0.74 0.57 (0.03) 7.87 4.94 0.90 0.88 0.64
NIL as a % of net loans
and acceptances (e)
To consumer 0.28 0.28 0.36 0.39 0.38 0.04 0.09 0.02
–––––––
To commercial and corporate,
excluding securities
purchased under resale
agreements (b) 0.65 1.11 0.99 0.93 1.37 3.13 2.88 2.04 1.36 0.35 7.87 4.94 0.90 0.94 1.69