XML 53 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
ALLOWANCE FOR CREDIT LOSSES
 9 Months Ended
Sep. 30, 2018
Loans and Leases Receivable Disclosure [Abstract]  
ALLOWANCE FOR CREDIT LOSSES
ALLOWANCE FOR CREDIT LOSSES
 
 
Three Months Ended September 30,
Nine Months Ended 
 September 30,
In millions of dollars
2018
2017
2018
2017
Allowance for loan losses at beginning of period
$
12,126

$
12,025

$
12,355

$
12,060

Gross credit losses
(2,094
)
(2,120
)
(6,499
)
(6,394
)
Gross recoveries(1)
338

343

1,172

1,198

Net credit losses (NCLs)
$
(1,756
)
$
(1,777
)
$
(5,327
)
$
(5,196
)
NCLs
$
1,756

$
1,777

$
5,327

$
5,196

Net reserve builds (releases)
169

419

302

466

Net specific reserve builds (releases)
(19
)
(50
)
(125
)
(175
)
Total provision for loan losses
$
1,906

$
2,146

$
5,504

$
5,487

Other, net (see table below)
60

(28
)
(196
)
15

Allowance for loan losses at end of period
$
12,336

$
12,366

$
12,336

$
12,366

Allowance for credit losses on unfunded lending commitments at beginning of period
$
1,278

$
1,406

$
1,258

$
1,418

Provision (release) for unfunded lending commitments
42

(175
)
66

(190
)
Other, net
1

1

(3
)
4

Allowance for credit losses on unfunded lending commitments at end of period(2)
$
1,321

$
1,232

$
1,321

$
1,232

Total allowance for loans, leases and unfunded lending commitments
$
13,657

$
13,598

$
13,657

$
13,598


(1)
Recoveries have been reduced by certain collection costs that are incurred only if collection efforts are successful.
(2)
Represents additional credit loss reserves for unfunded lending commitments and letters of credit recorded in Other liabilities on the Consolidated Balance Sheet.

Other, net details
Three Months Ended September 30,
Nine Months Ended 
 September 30,
In millions of dollars
2018
2017
2018
2017
Sales or transfers of various consumer loan portfolios to HFS
 
 
 
 
Transfer of real estate loan portfolios
$
(2
)
$
(28
)
$
(88
)
$
(84
)
Transfer of other loan portfolios
(3
)
(6
)
(109
)
(130
)
Sales or transfers of various consumer loan portfolios to HFS
$
(5
)
$
(34
)
$
(197
)
$
(214
)
FX translation, consumer
62

7

16

221

Other
3

(1
)
(15
)
8

Other, net
$
60

$
(28
)
$
(196
)
$
15




Allowance for Credit Losses and Investment in Loans
 
Three Months Ended
 
September 30, 2018
September 30, 2017
In millions of dollars
Corporate
Consumer
Total
Corporate
Consumer
Total
Allowance for loan losses at beginning of period
$
2,330

$
9,796

$
12,126

$
2,510

$
9,515

$
12,025

Charge-offs
(36
)
(2,058
)
(2,094
)
(49
)
(2,071
)
(2,120
)
Recoveries
6

332

338

6

337

343

Replenishment of net charge-offs
30

1,726

1,756

43

1,734

1,777

Net reserve builds (releases)
34

135

169

(60
)
479

419

Net specific reserve builds (releases)
(27
)
8

(19
)
21

(71
)
(50
)
Other
2

58

60

3

(31
)
(28
)
Ending balance
$
2,339

$
9,997

$
12,336

$
2,474

$
9,892

$
12,366


 
Nine Months Ended
 
September 30, 2018
September 30, 2017
In millions of dollars
Corporate
Consumer
Total
Corporate
Consumer
Total
Allowance for loan losses at beginning of period
$
2,486

$
9,869

$
12,355

$
2,702

$
9,358

$
12,060

Charge-offs
(195
)
(6,304
)
(6,499
)
(248
)
(6,146
)
(6,394
)
Recoveries
71

1,101

1,172

91

1,107

1,198

Replenishment of net charge-offs
124

5,203

5,327

157

5,039

5,196

Net reserve builds (releases)
(15
)
317

302

(230
)
696

466

Net specific reserve builds (releases)
(119
)
(6
)
(125
)
(18
)
(157
)
(175
)
Other
(13
)
(183
)
(196
)
20

(5
)
15

Ending balance
$
2,339

$
9,997

$
12,336

$
2,474

$
9,892

$
12,366


 
September 30, 2018
December 31, 2017
In millions of dollars
Corporate
Consumer
Total
Corporate
Consumer
Total
Allowance for loan losses
 

 

 

 
 
 
Collectively evaluated in accordance with ASC 450
$
2,035

$
8,820

$
10,855

$
2,060

$
8,531

$
10,591

Individually evaluated in accordance with ASC 310-10-35
304

1,175

1,479

426

1,334

1,760

Purchased credit impaired in accordance with ASC 310-30
—

2

2

—

4

4

Total allowance for loan losses
$
2,339

$
9,997

$
12,336

$
2,486

$
9,869

$
12,355

Loans, net of unearned income
 
 
 
 
 
 
Collectively evaluated in accordance with ASC 450
$
343,774

$
319,816

$
663,590

$
327,142

$
326,884

$
654,026

Individually evaluated in accordance with ASC 310-10-35
1,448

5,501

6,949

1,887

6,580

8,467

Purchased credit impaired in accordance with ASC 310-30
—

131

131

—

167

167

Held at fair value
4,218

21

4,239

4,349

25

4,374

Total loans, net of unearned income
$
349,440

$
325,469

$
674,909

$
333,378

$
333,656

$
667,034