Bank of Montreal 2015 Annual Report Download - page 111

Supplemental Information
SUPPLEMENTAL INFORMATION
Table 5: Average Assets, Liabilities and Interest Rates
2015 2014 2013
($ millions, except as noted)
For the year ended October 31
Average
balances
Average
interest
rate (%)
Interest
income/
expense
Average
balances
Average
interest
rate (%)
Interest
income/
expense
Average
balances
Average
interest
rate (%)
Interest
income/
expense
Assets
Canadian Dollar
Deposits with other banks 1,984 1.04 21 1,632 1.52 25 2,461 1.28 32
Securities 90,322 1.39 1,257 94,234 1.32 1,244 83,605 1.78 1,492
Securities borrowed or purchased under resale agreements 29,617 0.90 266 23,027 1.03 238 22,309 1.19 265
Loans
Residential mortgages 94,119 2.83 2,663 90,134 3.08 2,779 81,693 3.15 2,576
Non-residential mortgages 6,176 3.71 229 6,276 4.08 256 6,285 4.29 269
Personal and credit cards 55,219 4.89 2,699 55,719 5.13 2,860 54,845 4.97 2,728
Businesses and governments 43,427 3.94 1,710 40,250 4.29 1,726 37,380 4.62 1,725
Total loans 198,941 3.67 7,301 192,379 3.96 7,621 180,203 4.05 7,298
Total Canadian dollar 320,864 2.76 8,845 311,272 2.93 9,128 288,578 3.15 9,087
U.S. Dollar and Other Currencies
Deposits with other banks 48,031 0.53 253 38,815 0.63 245 35,093 0.61 213
Securities 54,733 1.20 655 53,921 1.11 601 48,488 1.32 640
Securities borrowed or purchased under resale agreements 44,010 0.14 60 32,629 0.12 38 32,578 0.17 57
Loans
Residential mortgages 8,631 3.39 293 7,753 3.37 261 8,897 4.31 383
Non-residential mortgages 4,619 2.51 116 4,860 2.48 121 5,558 3.01 167
Personal and credit cards 17,071 3.19 545 15,812 3.32 524 14,862 3.59 533
Businesses and governments 79,678 3.26 2,598 61,402 3.46 2,123 47,821 4.57 2,185
Total loans 109,999 3.23 3,552 89,827 3.37 3,029 77,138 4.24 3,268
Total U.S. dollar and other currencies 256,773 1.76 4,520 215,192 1.82 3,913 193,297 2.16 4,178
Other non-interest bearing assets 86,754 67,464 73,556
Total All Currencies
Total assets and interest income 664,391 2.01 13,365 593,928 2.20 13,041 555,431 2.39 13,265
Liabilities
Canadian Dollar
Deposits
Banks 7,883 0.43 34 5,416 0.39 21 5,921 0.34 20
Businesses and governments 96,713 1.16 1,121 98,090 1.38 1,353 88,603 1.53 1,352
Individuals 94,031 0.88 832 89,007 0.97 863 82,248 0.96 788
Total deposits 198,627 1.00 1,987 192,513 1.16 2,237 176,772 1.22 2,160
Securities sold but not yet purchased and securities lent or sold (1) 40,637 1.63 661 40,713 1.74 710 36,077 1.96 708
Subordinated debt and other interest bearing liabilities 25,713 2.96 760 24,712 3.11 769 28,004 3.25 911
Total Canadian dollar 264,977 1.29 3,408 257,938 1.44 3,716 240,853 1.57 3,779
U.S. Dollar and Other Currencies
Deposits
Banks 19,377 0.27 53 19,048 0.23 44 17,135 0.33 56
Businesses and governments 169,793 0.32 546 145,355 0.34 494 123,129 0.32 392
Individuals 47,671 0.20 95 41,675 0.22 90 40,694 0.29 119
Total deposits 236,841 0.29 694 206,078 0.30 628 180,958 0.31 567
Securities sold but not yet purchased and securities lent or sold (1) 41,792 0.20 85 33,650 0.21 72 33,486 0.30 99
Subordinated debt and other interest bearing liabilities 5,749 3.61 208 4,901 3.34 164 4,325 3.32 143
Total U.S. dollar and other currencies 284,382 0.35 987 244,629 0.35 864 218,769 0.37 809
Other non-interest bearing liabilities 78,130 59,139 66,523
Total All Currencies
Total liabilities and interest expense 627,489 0.70 4,395 561,706 0.82 4,580 526,145 0.87 4,588
Shareholders’ equity 36,902 32,222 29,286
Total Liabilities, Interest Expense and Shareholders’ Equity 664,391 0.66 4,395 593,928 0.77 4,580 555,431 0.83 4,588
Net interest margin
– based on earning assets 1.55 1.60 1.79
– based on total assets 1.35 1.42 1.56
Net interest income based on total assets 8,970 8,461 8,677
Adjusted net interest margin
– based on earning assets 1.55 1.60 1.65
– based on total assets 1.35 1.42 1.44
Adjusted net interest income based on total assets 8,971 8,461 8,020
(1) For the years ended October 31, 2015, 2014 and 2013, the maximum amount of securities lent or sold under repurchase agreements at any month end amounted to $57,385 million, $50,138 million
and $53,898 million, respectively.
122 BMO Financial Group 198th Annual Report 2015