INTEREST REVENUE AND EXPENSE

12 Months Ended

Dec. 31, 2018

Banking and Thrift, Interest [Abstract]

INTEREST REVENUE AND EXPENSE

INTEREST REVENUE AND EXPENSE

Interest revenue and Interest expense consisted of the following:

In millions of dollars	2018		2017		2016
Interest revenue
Loan interest, including fees	$	45,682	$	41,736	$	40,125
Deposits with banks	2,203		1,635		971
Federal funds sold and securities borrowed or purchased under agreements to resell	5,492		3,249		2,543
Investments, including dividends	9,494		8,295		7,582
Trading account assets(1)	6,284		5,501		5,738
Other interest	1,673		1,163		1,029
Total interest revenue	$	70,828	$	61,579	$	57,988
Interest expense
Deposits(2)	$	9,616	$	6,587	$	5,300
Federal funds purchased and securities loaned or sold under agreements to repurchase	4,889		2,661		1,912
Trading account liabilities(1)	1,001		638		410
Short-term borrowings	2,209		1,059		477
Long-term debt	6,551		5,573		4,413
Total interest expense	$	24,266	$	16,518	$	12,512
Net interest revenue	$	46,562	$	45,061	$	45,476
Provision for loan losses	7,354		7,503		6,749
Net interest revenue after provision for loan losses	$	39,208	$	37,558	$	38,727

(1) Interest expense on Trading account liabilities is reported as a reduction of interest revenue from Trading account assets.

(2) Includes deposit insurance fees and charges of $1,182 million, $1,249 million and $1,145 million for 2018, 2017 and 2016, respectively.