Bank of Montreal 2008 Annual Report Download - page 98

94 | BMO Financial Group 191st Annual Report 2008
Supplemental Information
SUPPLEMENTAL INFORMATION
Table 9: Average Assets, Liabilities and Interest Rates ($ millions, except as noted)
2008 2007 2006
Average Interest Average Interest Average Interest
Average interest income/ Average interest income/ Average interest income/
For the year ended October 31 balances rate (%) expense balances rate (%) expense balances rate (%) expense
Assets
Canadian Dollar
Deposits with other banks 2,059 4.02 83 3,469 4.22 146 3,035 3.86 117
Securities 55,114 3.60 1,986 42,252 3.47 1,467 30,819 3.29 1,014
Loans
Residential mortgages 45,926 4.99 2,294 54,735 5.14 2,813 56,556 4.95 2,802
Non-residential mortgages 3,200 5.78 185 2,832 5.99 170 2,618 5.92 155
Consumer instalment and other personal 27,891 5.74 1,601 21,972 6.80 1,495 19,305 6.34 1,224
Credit cards 4,162 12.00 499 3,831 11.61 445 4,591 11.20 514
Businesses and governments (1) 51,250 4.59 2,351 51,519 4.96 2,558 46,305 4.57 2,118
Total loans 132,429 5.23 6,930 134,889 5.55 7,481 129,375 5.27 6,813
Other non-interest bearing assets 35,752 45,648 44,016
Total Canadian dollar 225,354 3.99 8,999 226,258 4.02 9,094 207,245 3.88 7,944
U.S. Dollar and Other Currencies
Deposits with other banks 20,985 4.04 847 20,661 4.75 982 16,378 3.98 652
Securities 35,959 3.39 1,220 41,206 4.09 1,686 30,077 3.80 1,144
Loans
Residential mortgages 6,816 5.39 367 6,635 5.17 343 6,259 4.89 306
Non-residential mortgages 3,622 6.18 224 3,107 6.47 201 2,708 6.31 171
Consumer instalment and other personal 10,035 5.79 581 9,921 6.43 638 9,522 5.90 562
Credit cards 36 10.23 4 25 5.94 1 36 2.49 1
Businesses and governments (1) 56,863 4.41 2,508 40,070 7.22 2,893 31,065 6.86 2,132
Total loans 77,372 4.76 3,684 59,758 6.82 4,076 49,590 6.40 3,172
Other non-interest bearing assets 37,939 12,692 5,841
Total U.S. dollar and other currencies 172,255 3.34 5,751 134,317 5.02 6,744 101,886 4.92 4,968
Total All Currencies
Total assets and interest income 397,609 3.71 14,750 360,575 4.39 15,838 309,131 4.18 12,912
Liabilities
Canadian Dollar
Deposits
Banks 2,641 1.94 51 2,650 3.43 91 2,965 2.83 84
Businesses and governments 64,881 3.43 2,227 60,653 3.27 1,984 56,168 2.27 1,274
Individuals 65,586 2.27 1,491 59,375 2.52 1,495 58,184 2.27 1,319
Total deposits 133,108 2.83 3,769 122,678 2.91 3,570 117,317 2.28 2,677
Subordinated debt and other interest bearing liabilities 38,276 3.62 1,387 41,285 4.01 1,655 35,090 3.80 1,333
Other non-interest bearing liabilities 38,220 47,233 40,900
Total Canadian dollar 209,604 2.46 5,156 211,196 2.47 5,225 193,307 2.07 4,010
U.S. Dollar and Other Currencies
Deposits
Banks 31,975 3.88 1,242 29,676 4.97 1,475 23,028 4.48 1,031
Businesses and governments 64,783 2.91 1,882 54,223 4.23 2,295 39,629 4.03 1,596
Individuals 18,373 2.44 448 17,799 3.18 565 17,245 2.55 439
Total deposits 115,131 3.10 3,572 101,698 4.26 4,335 79,902 3.84 3,066
Subordinated debt and other interest bearing liabilities 31,076 3.01 935 23,939 5.99 1,435 18,062 6.05 1,092
Other non-interest bearing liabilities 25,738 8,351 3,582
Total U.S. dollar and other currencies 171,945 2.62 4,507 133,988 4.31 5,770 101,546 4.10 4,158
Total All Currencies
Total liabilities and interest expense 381,549 2.53 9,663 345,184 3.19 10,995 294,853 2.77 8,168
Shareholders’ equity 16,060 15,391 14,278
Total Liabilities, Interest Expense and Shareholders’ Equity 397,609 2.43 9,663 360,575 3.05 10,995 309,131 2.64 8,168
Net interest margin
–based on earning assets 1.56 1.59 1.81
–based on total assets 1.28 1.34 1.53
Net interest income based on total assets 5,087 4,843 4,744
(1) Includes securities purchased under resale agreements.