INTEREST REVENUE AND EXPENSE (Tables)

3 Months Ended

Mar. 31, 2022

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	2022		2021
Interest revenue
Consumer loans	$	6,262	$	6,702
Corporate loans	2,454		2,207
Loan interest, including fees	$	8,716	$	8,909
Deposits with banks	296		145
Securities borrowed and purchased under agreements to resell	394		294
Investments, including dividends	2,050		1,752
Trading account assets(1)	1,146		1,337
Other interest-bearing assets	549		97
Total interest revenue	$	13,151	$	12,534
Interest expense
Deposits	$	871	$	712
Securities loaned and sold under agreements to repurchase	282		253
Trading account liabilities(1)	147		114
Short-term borrowings and other interest-bearing liabilities	55		31
Long-term debt	925		918
Total interest expense	$	2,280	$	2,028
Net interest income	$	10,871	$	10,506
Provision (benefit) for credit losses on loans	260		(1,479)
Net interest income after provision for credit losses on loans	$	10,611	$	11,985

(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.