Bank of Montreal 2004 Annual Report Download - page 79

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Table 10 Volume/Rate Analysis of Changes in Net Interest Income (teb) ($ millions)
2004/2003 2003/2002
Increase (decrease) due to change in: Increase (decrease) due to change in:
Average Average Average Average
For the year ended October 31 balance rate Total balance rate Total
Assets
Canadian Dollar
Deposits with other banks
–
(10) (10) (20) 4 (16)
Securities 66 (59) 7 126 (10) 116
Loans
Residential mortgages 254 (198) 56 229 (127) 102
Non-residential mortgages 5 (3) 2 7 (7)
–
Consumer instalment and other personal 55 (122) (67) 23 32 55
Credit cards 77 (5) 72 98 9 107
Businesses and governments 187 (282) (95) 75 100 175
Total loans 578 (610) (32) 432 7 439
Other non-interest bearing assets
––
Change in Canadian dollar interest income 644 (679) (35) 538 1 539
U.S. Dollar and Other Currencies
Deposits with other banks 81 11 92 15 (147) (132)
Securities 36 (180) (144) 231 (315) (84)
Loans
Residential mortgages 10 (29) (19) 21 (62) (41)
Non-residential mortgages 10 (15) (5) 1 (9) (8)
Consumer instalment and other personal 53 (52) 1 50 (65) (15)
Credit cards (1)
–
(1)
–––
Businesses and governments (204) 32 (172) (140) (280) (420)
Total loans (132) (64) (196) (68) (416) (484)
Other non-interest bearing assets
––
Change in U.S. dollar and other currencies interest income (15) (233) (248) 178 (878) (700)
Total All Currencies
Change in total interest income 629 (912) (283) 716 (877) (161)
Liabilities
Canadian Dollar
Deposits
Banks 2 (10) (8) 21820
Businesses and governments 86 (121) (35) 19 124 143
Individuals 43 (170) (127) 128 (79) 49
Total deposits 131 (301) (170) 149 63 212
Subordinated debt and other interest bearing liabilities 89 (120) (31) 69 (25) 44
Other non-interest bearing liabilities
––
Change in Canadian dollar interest expense 220 (421) (201) 218 38 256
U.S. Dollar and Other Currencies
Deposits
Banks 31 10 41 105 (139) (34)
Businesses and governments 34 (24) 10 (51) (145) (196)
Individuals (21) (73) (94) (16) (142) (158)
Total deposits 44 (87) (43) 38 (426) (388)
Subordinated debt and other interest bearing liabilities (73) 24 (49) 42 (187) (145)
Other non-interest bearing liabilities
––
Change in U.S. dollar and other currencies interest expense (29) (63) (92) 80 (613) (533)
Total All Currencies
Change in total interest expense 191 (484) (293) 298 (575) (277)
Change in total net interest income 438 (428) 10 418 (302) 116
BMO Financial Group Annual Report 2004 75
Supplemental Information