INTEREST REVENUE AND EXPENSE (Tables)

3 Months Ended

Mar. 31, 2020

Banking and Thrift, Interest [Abstract]

Interest revenue and interest expense

Interest revenue and Interest expense consisted of the following:

	Three Months Ended March 31,
In millions of dollars	2020		2019
Interest revenue
Loan interest, including fees	$	11,250	$	11,969
Deposits with banks	527		607
Securities borrowed and purchased under agreements to resell	1,208		1,783
Investments, including dividends	2,281		2,548
Trading account assets(1)	1,590		1,686
Other interest	283		483
Total interest revenue	$	17,139	$	19,076
Interest expense
Deposits(2)	$	2,614	$	3,027
Securities loaned and sold under agreements to repurchase	1,085		1,589
Trading account liabilities(1)	239		327
Short-term borrowings	384		652
Long-term debt	1,325		1,722
Total interest expense	$	5,647	$	7,317
Net interest revenue	$	11,492	$	11,759
Provision for credit losses on loans	6,444		1,944
Net interest revenue after provision for credit losses on loans	$	5,048	$	9,815

(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 $225 million and $193 million for the three months ended March 31, 2020 and 2019, respectively.