INTEREST REVENUE AND EXPENSE (Tables)

9 Months Ended

Sep. 30, 2020

Banking and Thrift, Interest [Abstract]

Interest revenue and Interest expense consisted of the following:


	Three Months Ended September 30,				Nine Months Ended September 30,
In millions of dollars	2020		2019		2020		2019
Interest revenue
Loan interest, including fees	$	9,421	$	11,993	$	30,820	$	35,942
Deposits with banks	116		736		802		2,079
Securities borrowed and purchased under agreements to resell	352		1,745		1,961		5,422
Investments, including dividends	1,870		2,411		6,248		7,464
Trading account assets(1)	1,457		1,893		4,720		5,719
Other interest	98		399		491		1,339
Total interest revenue	$	13,314	$	19,177	$	45,042	$	57,965
Interest expense
Deposits(2)	$	1,293	$	3,369	$	5,376	$	9,680
Securities loaned and sold under agreements to repurchase	292		1,630		1,830		4,943
Trading account liabilities(1)	123		345		506		992
Short-term borrowings and other interest-bearing liabilities	88		609		612		1,976
Long-term debt	1,025		1,583		3,653		5,024
Total interest expense	$	2,821	$	7,536	$	11,977	$	22,615
Net interest revenue	$	10,493	$	11,641	$	33,065	$	35,350
Provision for credit losses on loans	1,809		2,062		15,949		6,095
Net interest revenue after provision for credit losses on loans	$	8,684	$	9,579	$	17,116	$	29,255

(1)Interest expense on Trading account liabilities of ICG is reported as a reduction of Interest revenue. Interest revenue and Interest expense on cash collateral positions are reported in interest on Trading account assets and Trading account liabilities, respectively.

(2)Includes deposit insurance fees and charges of $375 million and $199 million for the three months ended September 30, 2020 and 2019, respectively, and $870 million and $581 million for the nine months ended September 30, 2020 and 2019, respectively.