CONDENSED CONSOLIDATING FINANCIAL STATEMENTS

9 Months Ended

Sep. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS

Citigroup amended its Registration Statement on Form S-3 on file with the SEC (File No. 33-192302) to add its wholly owned subsidiary, Citigroup Global Markets Holdings Inc. (CGMHI), as a co-registrant. Any securities issued by CGMHI under the Form S-3 will be fully and unconditionally guaranteed by Citigroup.

The following are the Condensed Consolidating Statements of Income and Comprehensive Income for the three and nine months ended September 30, 2019 and 2018, Condensed Consolidating Balance Sheet as of September 30, 2019 and December 31, 2018 and Condensed Consolidating Statement of Cash Flows for the nine months ended September 30, 2019 and 2018 for Citigroup Inc., the parent holding company (Citigroup parent company), CGMHI, other Citigroup subsidiaries and eliminations and total consolidating adjustments. “Other Citigroup subsidiaries and eliminations” includes all other subsidiaries of Citigroup, intercompany eliminations and income (loss) from discontinued operations. “Consolidating adjustments” includes Citigroup parent company elimination of distributed and undistributed income of subsidiaries and investment in subsidiaries.

These Condensed Consolidating Financial Statements have been prepared and presented in accordance with SEC Regulation S-X Rule 3-10, “Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered.”

These Condensed Consolidating Financial Statements are presented for purposes of additional analysis, but should be considered in relation to the Consolidated Financial Statements of Citigroup taken as a whole.

Condensed Consolidating Statements of Income and Comprehensive Income

	Three Months Ended September 30, 2019
In millions of dollars	Citigroup parent company			CGMHI		Other Citigroup subsidiaries and eliminations			Consolidating adjustments			Citigroup consolidated
Revenues
Dividends from subsidiaries	$	4,829		$	—	$	—		$	(4,829	)	$	—
Interest revenue	2			2,595		16,580			—			19,177
Interest revenue—intercompany	1,240			502		(1,742		)	—			—
Interest expense	1,214			1,831		4,491			—			7,536
Interest expense—intercompany	246			1,088		(1,334		)	—			—
Net interest revenue	$	(218	)	$	178	$	11,681		$	—		$	11,641
Commissions and fees	$	—		$	1,296	$	1,610		$	—		$	2,906
Commissions and fees—intercompany	(19		)	39		(20		)	—			—
Principal transactions	(1,535		)	291		4,046			—			2,802
Principal transactions—intercompany	284			693		(977		)	—			—
Other income	1,213			67		(55		)	—			1,225
Other income—intercompany	(95		)	30		65			—			—
Total non-interest revenues	$	(152	)	$	2,416	$	4,669		$	—		$	6,933
Total revenues, net of interest expense	$	4,459		$	2,594	$	16,350		$	(4,829	)	$	18,574
Provisions for credit losses and for benefits and claims	$	—		$	—	$	2,088		$	—		$	2,088
Operating expenses
Compensation and benefits	$	(6	)	$	1,277	$	4,058		$	—		$	5,329
Compensation and benefits—intercompany	54			—		(54		)	—			—
Other operating	(38		)	571		4,602			—			5,135
Other operating—intercompany	6			625		(631		)	—			—
Total operating expenses	$	16		$	2,473	$	7,975		$	—		$	10,464
Equity in undistributed income of subsidiaries	$	328		$	—	$	—		$	(328	)	$	—
Income (loss) from continuing operations before income taxes	$	4,771		$	121	$	6,287		$	(5,157	)	$	6,022
Provision (benefit) for income taxes	(142		)	12		1,209			—			1,079
Income (loss) from continuing operations	$	4,913		$	109	$	5,078		$	(5,157	)	$	4,943
Income (loss) from discontinued operations, net of taxes	—			—		(15		)	—			(15		)
Net income before attribution of noncontrolling interests	$	4,913		$	109	$	5,063		$	(5,157	)	$	4,928
Noncontrolling interests	—			—		15			—			15
Net income (loss)	$	4,913		$	109	$	5,048		$	(5,157	)	$	4,913
Comprehensive income
Add: Other comprehensive income (loss)	$	(932	)	$	41	$	2,895		$	(2,936	)	$	(932	)
Total Citigroup comprehensive income (loss)	$	3,981		$	150	$	7,943		$	(8,093	)	$	3,981
Add: Other comprehensive income attributable to noncontrolling interests	$	—		$	—	$	(33	)	$	—		$	(33	)
Add: Net income attributable to noncontrolling interests	—			—		15			—			15
Total comprehensive income (loss)	$	3,981		$	150	$	7,925		$	(8,093	)	$	3,963

Condensed Consolidating Statements of Income and Comprehensive Income

	Three Months Ended September 30, 2018
In millions of dollars	Citigroup parent company				CGMHI				Other Citigroup subsidiaries and eliminations			Consolidating adjustments			Citigroup consolidated
Revenues
Dividends from subsidiaries	$	7,948			$	—			$	—		$	(7,948	)	$	—
Interest revenue	1				2,291				15,878			—			18,170
Interest revenue—intercompany	1,281				424				(1,705		)	—			—
Interest expense	1,068				1,405				3,895			—			6,368
Interest expense—intercompany	492				899				(1,391		)	—			—
Net interest revenue	$	(278	)		$	411			$	11,669		$	—		$	11,802
Commissions and fees	$	—			$	1,194			$	1,609		$	—		$	2,803
Commissions and fees—intercompany	—				72				(72		)	—			—
Principal transactions	(100		)		581				1,883			—			2,364
Principal transactions—intercompany	(303		)		(10		)		313			—			—
Other income	265				325				830			—			1,420
Other income—intercompany	(45		)		57				(12		)	—			—
Total non-interest revenues	$	(183	)		$	2,219			$	4,551		$	—		$	6,587
Total revenues, net of interest expense	$	7,487			$	2,630			$	16,220		$	(7,948	)	$	18,389
Provisions for credit losses and for benefits and claims	$	—			$	3			$	1,971		$	—		$	1,974
Operating expenses
Compensation and benefits	$	14			$	1,148			$	4,157		$	—		$	5,319
Compensation and benefits—intercompany	19				—				(19		)	—			—
Other operating	(201		)		558				4,635			—			4,992
Other operating—intercompany	13				564				(577		)	—			—
Total operating expenses	$	(155	)		$	2,270			$	8,196		$	—		$	10,311
Equity in undistributed income of subsidiaries	$	(3,099	)		$	—			$	—		$	3,099		$	—
Income (loss) from continuing operations before income taxes	$	4,543			$	357			$	6,053		$	(4,849	)	$	6,104
Provision (benefit) for income taxes	(79		)	—	169				1,381			—			1,471
Income (loss) from continuing operations	$	4,622			$	188			$	4,672		$	(4,849	)	$	4,633
Income (loss) from discontinued operations, net of taxes	—				—				(8		)	—			(8		)
Net income (loss) before attribution of noncontrolling interests	$	4,622			$	188			$	4,664		$	(4,849	)	$	4,625
Noncontrolling interests	—				—				3			—			3
Net income (loss)	$	4,622			$	188			$	4,661		$	(4,849	)	$	4,622
Comprehensive income
Add: Other comprehensive income (loss)	$	(1,151	)		$	(196	)		$	(458	)	$	654		$	(1,151	)
Total Citigroup comprehensive income (loss)	$	3,471			$	(8	)		$	4,203		$	(4,195	)	$	3,471
Add: Other comprehensive income attributable to noncontrolling interests	$	—			$	—		—	$	8		$	—		$	8
Add: Net income attributable to noncontrolling interests	—				—			—	3			—			3
Total comprehensive income (loss)	$	3,471			$	(8	)		$	4,214		$	(4,195	)	$	3,482

Condensed Consolidating Statements of Income and Comprehensive Income

	Nine Months Ended September 30, 2019
In millions of dollars	Citigroup parent company				CGMHI				Other Citigroup subsidiaries and eliminations			Consolidating adjustments			Citigroup consolidated
Revenues
Dividends from subsidiaries	$	19,045			$	—			$	—		$	(19,045	)	$	—
Interest revenue	2				8,351				49,612			—			57,965
Interest revenue—intercompany	3,892				1,523				(5,415		)	—			—
Interest expense	3,763				5,566				13,286			—			22,615
Interest expense—intercompany	760				3,315				(4,075		)	—			—
Net interest revenue	$	(629	)		$	993			$	34,986		$	—		$	35,350
Commissions and fees	$	—			$	3,912			$	4,801		$	—		$	8,713
Commissions and fees—intercompany	(20		)		254				(234		)	—			—
Principal transactions	(2,925		)		399				10,006			—			7,480
Principal transactions—intercompany	1,522				2,054				(3,576		)	—			—
Other income	1,164				664				2,537			—			4,365
Other income—intercompany	(120		)		86				34			—			—
Total non-interest revenues	$	(379	)		$	7,369			$	13,568		$	—		$	20,558
Total revenues, net of interest expense	$	18,037			$	8,362			$	48,554		$	(19,045	)	$	55,908
Provisions for credit losses and for benefits and claims	$	—			$	—			$	6,161		$	—		$	6,161
Operating expenses
Compensation and benefits	$	31			$	3,727			$	12,610		$	—		$	16,368
Compensation and benefits—intercompany	97				—				(97		)	—			—
Other operating	(24		)		1,664				13,540			—			15,180
Other operating—intercompany	16				1,789				(1,805		)	—			—
Total operating expenses	$	120			$	7,180			$	24,248		$	—		$	31,548
Equity in undistributed income of subsidiaries	$	(4,021	)		$	—			$	—		$	4,021		$	—
Income (loss) from continuing operations before income taxes	$	13,896			$	1,182			$	18,145		$	(15,024	)	$	18,199
Provision (benefit) for income taxes	(526		)	—	160				4,093			—			3,727
Income (loss) from continuing operations	$	14,422			$	1,022			$	14,052		$	(15,024	)	$	14,472
Income (loss) from discontinued operations, net of taxes	—				—				—			—			—
Net income (loss) before attribution of noncontrolling interests	$	14,422			$	1,022			$	14,052		$	(15,024	)	$	14,472
Noncontrolling interests	—				—				50			—			50
Net income (loss)	$	14,422			$	1,022			$	14,002		$	(15,024	)	$	14,422
Comprehensive income
Add: Other comprehensive income (loss)	$	1,035			$	(260	)		$	4,628		$	(4,368	)	$	1,035
Total Citigroup comprehensive income (loss)	$	15,457			$	762			$	18,630		$	(19,392	)	$	15,457
Add: Other comprehensive income attributable to noncontrolling interests	$	—			$	—		—	$	(26	)	$	—		$	(26	)
Add: Net income attributable to noncontrolling interests	—				—			—	50			—			50
Total comprehensive income (loss)	$	15,457			$	762			$	18,654		$	(19,392	)	$	15,481

Condensed Consolidating Statements of Income and Comprehensive Income

	Nine Months Ended September 30, 2018
In millions of dollars	Citigroup parent company				CGMHI				Other Citigroup subsidiaries and eliminations			Consolidating adjustments			Citigroup consolidated
Revenues
Dividends from subsidiaries	$	16,648			$	—			$	—		$	(16,648	)	$	—
Interest revenue	67				6,344				45,641			—			52,052
Interest revenue—intercompany	3,636				1,206				(4,842		)	—			—
Interest expense	3,119				3,732				10,562			—			17,413
Interest expense—intercompany	1,467				2,567				(4,034		)	—			—
Net interest revenue	$	(883	)		$	1,251			$	34,271		$	—		$	34,639
Commissions and fees	$	—			$	3,793			$	5,151		$	—		$	8,944
Commissions and fees—intercompany	(1		)		163				(162		)	—			—
Principal transactions	(275		)		805				7,202			—			7,732
Principal transactions—intercompany	(1,161		)		1,461				(300		)	—			—
Other income	817				666				2,932			—			4,415
Other income—intercompany	(111		)		88				23			—			—
Total non-interest revenues	$	(731	)		$	6,976			$	14,846		$	—		$	21,091
Total revenues, net of interest expense	$	15,034			$	8,227			$	49,117		$	(16,648	)	$	55,730
Provisions for credit losses and for benefits and claims	$	—			$	(21	)		$	5,664		$	—		$	5,643
Operating expenses
Compensation and benefits	$	149			$	3,695			$	12,734		$	—		$	16,578
Compensation and benefits—intercompany	82				—				(82		)	—			—
Other operating	(210		)		1,684				13,896			—			15,370
Other operating—intercompany	38				1,835				(1,873		)	—			—
Total operating expenses	$	59			$	7,214			$	24,675		$	—		$	31,948
Equity in undistributed income of subsidiaries	$	(2,060	)		$	—			$	—		$	2,060		$	—
Income (loss) from continuing operations before income taxes	$	12,915			$	1,034			$	18,778		$	(14,588	)	$	18,139
Provision (benefit) for income taxes	(817		)	—	853				4,320			—			4,356
Income (loss) from continuing operations	$	13,732			$	181			$	14,458		$	(14,588	)	$	13,783
Income (loss) from discontinued operations, net of taxes	—				—				—			—			—
Net income (loss) before attribution of noncontrolling interests	$	13,732			$	181			$	14,458		$	(14,588	)	$	13,783
Noncontrolling interests	—				—				51			—			51
Net income (loss)	$	13,732			$	181			$	14,407		$	(14,588	)	$	13,732
Comprehensive income
Add: Other comprehensive income (loss)	$	(3,974	)		$	(186	)		$	1,787		$	(1,601	)	$	(3,974	)
Total Citigroup comprehensive income (loss)	$	9,758			$	(5	)		$	16,194		$	(16,189	)	$	9,758
Add: Other comprehensive income attributable to noncontrolling interests	$	—			$	—		—	$	(35	)	$	—		$	(35	)
Add: Net income attributable to noncontrolling interests	—				—			—	51			—			51
Total comprehensive income (loss)	$	9,758			$	(5	)		$	16,210		$	(16,189	)	$	9,774

Condensed Consolidating Balance Sheet

	September 30, 2019
In millions of dollars	Citigroup parent company		CGMHI		Other Citigroup subsidiaries and eliminations			Consolidating adjustments			Citigroup consolidated
Assets
Cash and due from banks	$	—	$	899	$	23,187		$	—		$	24,086
Cash and due from banks—intercompany	15		4,602		(4,617		)	—			—
Deposits with banks	—		4,578		191,779			—			196,357
Deposits with banks—intercompany	3,000		7,404		(10,404		)	—			—
Securities borrowed and purchased under resale agreements	—		199,421		61,704			—			261,125
Securities borrowed and purchased under resale agreements—intercompany	—		24,459		(24,459		)	—			—
Trading account assets	323		177,504		128,997			—			306,824
Trading account assets—intercompany	1,932		4,322		(6,254		)	—			—
Investments	1		543		357,839			—			358,383
Loans, net of unearned income	—		2,444		689,299			—			691,743
Loans, net of unearned income—intercompany	—		—		—			—			—
Allowance for loan losses	—		—		(12,530		)	—			(12,530		)
Total loans, net	$	—	$	2,444	$	676,769		$	—		$	679,213
Advances to subsidiaries	$	143,997	$	—	$	(143,997	)	$	—		$	—
Investments in subsidiaries	201,557		—		—			(201,557		)	—
Other assets(1)	11,678		70,347		106,789			—			188,814
Other assets—intercompany	2,871		48,388		(51,259		)	—			—
Total assets	$	365,374	$	544,911	$	1,306,074		$	(201,557	)	$	2,014,802
Liabilities and equity
Deposits	$	—	$	—	$	1,087,769		$	—		$	1,087,769
Deposits—intercompany	—		—		—			—			—
Securities loaned and sold under repurchase agreements	—		167,830		27,217			—			195,047
Securities loaned and sold under repurchase agreements—intercompany	—		34,707		(34,707		)	—			—
Trading account liabilities	4		91,348		44,244			—			135,596
Trading account liabilities—intercompany	3,712		4,199		(7,911		)	—			—
Short-term borrowings	238		9,511		25,481			—			35,230
Short-term borrowings—intercompany	—		23,151		(23,151		)	—			—
Long-term debt	145,342		36,177		60,719			—			242,238
Long-term debt—intercompany	—		71,604		(71,604		)	—			—
Advances from subsidiaries	16,638		—		(16,638		)	—			—
Other liabilities	2,872		62,474		56,506			—			121,852
Other liabilities—intercompany	195		10,724		(10,919		)	—			—
Stockholders’ equity	196,373		33,186		169,068			(201,557		)	197,070
Total liabilities and equity	$	365,374	$	544,911	$	1,306,074		$	(201,557	)	$	2,014,802

(1) Other assets for Citigroup parent company at September 30, 2019 included $36.7 billion of placements to Citibank and its branches, of which $27.8 billion had a remaining term of less than 30 days.

Condensed Consolidating Balance Sheet

	December 31, 2018
In millions of dollars	Citigroup parent company		CGMHI		Other Citigroup subsidiaries and eliminations			Consolidating adjustments			Citigroup consolidated
Assets
Cash and due from banks	$	1	$	689	$	22,955		$	—		$	23,645
Cash and due from banks—intercompany	19		3,545		(3,564		)	—			—
Deposits with banks	—		4,915		159,545			—			164,460
Deposits with banks—intercompany	3,000		6,528		(9,528		)	—			—
Securities borrowed and purchased under resale agreements	—		212,720		57,964			—			270,684
Securities borrowed and purchased under resale agreements—intercompany	—		20,074		(20,074		)	—			—
Trading account assets	302		146,233		109,582			—			256,117
Trading account assets—intercompany	627		1,728		(2,355		)	—			—
Investments	7		224		358,376			—			358,607
Loans, net of unearned income	—		1,292		682,904			—			684,196
Loans, net of unearned income—intercompany	—		—		—			—			—
Allowance for loan losses	—		—		(12,315		)	—			(12,315		)
Total loans, net	$	—	$	1,292	$	670,589		$	—		$	671,881
Advances to subsidiaries	$	143,119	$	—	$	(143,119	)	$	—		$	—
Investments in subsidiaries	205,337		—		—			(205,337		)	—
Other assets(1)	9,861		59,734		102,394			—			171,989
Other assets—intercompany	3,037		44,255		(47,292		)	—			—
Total assets	$	365,310	$	501,937	$	1,255,473		$	(205,337	)	$	1,917,383
Liabilities and equity
Deposits	$	—	$	—	$	1,013,170		$	—		$	1,013,170
Deposits—intercompany	—		—		—			—			—
Securities loaned and sold under repurchase agreements	—		155,830		21,938			—			177,768
Securities loaned and sold under repurchase agreements—intercompany	—		21,109		(21,109		)	—			—
Trading account liabilities	1		95,571		48,733			—			144,305
Trading account liabilities—intercompany	410		1,398		(1,808		)	—			—
Short-term borrowings	207		3,656		28,483			—			32,346
Short-term borrowings—intercompany	—		11,343		(11,343		)	—			—
Long-term debt	143,767		25,986		62,246			—			231,999
Long-term debt—intercompany	—		73,884		(73,884		)	—			—
Advances from subsidiaries	21,471		—		(21,471		)	—			—
Other liabilities	3,011		66,732		50,978			—			120,721
Other liabilities—intercompany	223		13,763		(13,986		)	—			—
Stockholders’ equity	196,220		32,665		173,526			(205,337		)	197,074
Total liabilities and equity	$	365,310	$	501,937	$	1,255,473		$	(205,337	)	$	1,917,383

(1) Other assets for Citigroup parent company at December 31, 2018 included $34.7 billion of placements to Citibank and its branches, of which $22.4 billion had a remaining term of less than 30 days.

Condensed Consolidating Statement of Cash Flows

	Nine Months Ended September 30, 2019
In millions of dollars	Citigroup parent company			CGMHI			Other Citigroup subsidiaries and eliminations			Consolidating adjustments		Citigroup consolidated
Net cash provided by (used in) operating activities of continuing operations	$	23,879		$	(51,748	)	$	(7,489	)	$	—	$	(35,358	)
Cash flows from investing activities of continuing operations
Purchases of investments	$	—		$	—		$	(196,733	)	$	—	$	(196,733	)
Proceeds from sales of investments	4			—			96,396			—		96,400
Proceeds from maturities of investments	—			—			91,656			—		91,656
Change in loans	—			—			(11,518		)	—		(11,518		)
Proceeds from sales and securitizations of loans	—			—			2,717			—		2,717
Change in securities borrowed and purchased under agreements to resell	—			8,914			645			—		9,559
Changes in investments and advances—intercompany	(2,045		)	(6,204		)	8,249			—		—
Other investing activities	—			(44		)	(4,129		)	—		(4,173		)
Net cash provided by (used in) investing activities of continuing operations	$	(2,041	)	$	2,666		$	(12,717	)	$	—	$	(12,092	)
Cash flows from financing activities of continuing operations
Dividends paid	$	(4,048	)	$	(155	)	$	155		$	—	$	(4,048	)
Issuance of preferred stock	1,496			—			—			—		1,496
Redemption of preferred stock	(480		)	—			—			—		(480		)
Treasury stock acquired	(12,495		)	—			—			—		(12,495		)
Proceeds (repayments) from issuance of long-term debt, net	(1,122		)	10,136			(6,738		)	—		2,276
Proceeds (repayments) from issuance of long-term debt—intercompany, net	—			(5,683		)	5,683			—		—
Change in deposits	—			—			74,599			—		74,599
Change in securities loaned and sold under agreements to repurchase	—			25,598			(8,319		)	—		17,279
Change in short-term borrowings	—			5,855			(2,971		)	—		2,884
Net change in short-term borrowings and other advances—intercompany	(4,834		)	15,211			(10,377		)	—		—
Capital contributions from (to) parent	—			(74		)	74			—		—
Other financing activities	(360		)	—			—			—		(360		)
Net cash provided by (used in) financing activities of continuing operations	$	(21,843	)	$	50,888		$	52,106		$	—	$	81,151
Effect of exchange rate changes on cash and due from banks	$	—		$	—		$	(1,363	)	$	—	$	(1,363	)
Change in cash and due from banks and deposits with banks	$	(5	)	$	1,806		$	30,537		$	—	$	32,338
Cash and due from banks and deposits with banks at beginning of period	3,020			15,677			169,408			—		188,105
Cash and due from banks and deposits with banks at end of period	$	3,015		$	17,483		$	199,945		$	—	$	220,443
Cash and due from banks	$	15		$	5,501		$	18,570		$	—	$	24,086
Deposits with banks	3,000			11,982			181,375			—		196,357
Cash and due from banks and deposits with banks at end of period	$	3,015		$	17,483		$	199,945		$	—	$	220,443
Supplemental disclosure of cash flow information for continuing operations
Cash paid during the period for income taxes	$	(274	)	$	281		$	3,728		$	—	$	3,735
Cash paid during the period for interest	3,107			8,893			10,343			—		22,343
Non-cash investing activities
Transfers to loans HFS from loans	$	—		$	—		$	4,400		$	—	$	4,400

Condensed Consolidating Statement of Cash Flows

	Nine Months Ended September 30, 2018
In millions of dollars	Citigroup parent company				CGMHI			Other Citigroup subsidiaries and eliminations			Consolidating adjustments		Citigroup consolidated
Net cash provided by (used in) operating activities of continuing operations	$	12,581			$	16,232		$	1,253		$	—	$	30,066
Cash flows from investing activities of continuing operations
Purchases of investments	$	(7,955	)		$	(18	)	$	(104,581	)	$	—	$	(112,554	)
Proceeds from sales of investments	7,634				3			44,533			—		52,170
Proceeds from maturities of investments	—				—			66,440			—		66,440
Change in loans	—				—			(16,131		)	—		(16,131		)
Proceeds from sales and securitizations of loans	—				—			4,021			—		4,021
Proceeds from significant disposals	—				—			314			—		314
Change in securities borrowed and purchased under agreements to resell	—				(47,943		)	(519		)	—		(48,462		)
Changes in investments and advances—intercompany	(7,769		)		(2,338		)	10,107			—		—
Other investing activities	214				(41		)	(2,534		)	—		(2,361		)
Net cash provided by (used in) investing activities of continuing operations	$	(7,876	)		$	(50,337	)	$	1,650		$	—	$	(56,563	)
Cash flows from financing activities of continuing operations
Dividends paid	$	(3,616	)		$	—		$	—		$	—	$	(3,616	)
Redemption of preferred stock	(218		)		—			—			—		(218		)
Treasury stock acquired	(9,848		)		—			—			—		(9,848		)
Proceeds from issuance of long-term debt, net	(883		)		7,538			(829		)	—		5,826
Proceeds (repayments) from issuance of long-term debt—intercompany, net	—				5,048			(5,048		)	—		—
Change in deposits	—				—			45,354			—		45,354
Change in securities loaned and sold under agreements to repurchase	—				35,804			(16,166		)	—		19,638
Change in short-term borrowings	32				790			(11,503		)	—		(10,681		)
Net change in short-term borrowings and other advances—intercompany	2,312				(14,771		)	12,459			—		—
Capital contributions from parent	—				(663		)	663			—		—
Other financing activities	(479		)		—			—			—		(479		)
Net cash provided by (used in) financing activities of continuing operations	$	(12,700	)		$	33,746		$	24,930		$	—	$	45,976
Effect of exchange rate changes on cash and due from banks	$	—			$	—		$	(709	)	$	—	$	(709	)
Change in cash and due from banks and deposits with banks	$	(7,995	)		$	(359	)	$	27,124		$	—	$	18,770
Cash and due from banks and deposits with banks at beginning of period	11,013				12,695			156,808			—		180,516
Cash and due from banks and deposits with banks at end of period	$	3,018			$	12,336		$	183,932		$	—	$	199,286
Cash and due from banks	$	18		—	$	2,648		$	23,061		$	—	$	25,727
Deposits with banks	3,000				9,688			160,871			—		173,559
Cash and due from banks and deposits with banks at end of period	$	3,018			$	12,336		$	183,932		$	—	$	199,286
Supplemental disclosure of cash flow information for continuing operations
Cash paid (received) during the period for income taxes	$	873			$	138		$	2,250		$	—	$	3,261
Cash paid during the period for interest	2,870				6,045			7,363			—		16,278
Non-cash investing activities
Transfers to loans HFS from loans	$	—			$	—		$	3,300		$	—	$	3,300
Transfers to OREO and other repossessed assets	—				—			94			—		94