Citigroup loans are reported in two categories—Consumer and Corporate. These categories are classified primarily according to the segment and sub-segment that manages the loans.

Consumer loans represent loans and leases managed primarily by the Regional Consumer Banking and Local Consumer Lending businesses. The following table provides information by loan type:

*In millions of dollars*		Sept. 30, 2011			Dec. 31, 2010

Consumer loans
In U.S. offices
	Mortgage and real estate(1)	$	140,819		$	151,469
	Installment, revolving credit, and other		20,044			28,291
	Cards		113,777			122,384
	Commercial and industrial		4,785			5,021
	Lease financing		1			2

		$	279,426		$	307,167

In offices outside the U.S.
	Mortgage and real estate(1)	$	51,304		$	52,175
	Installment, revolving credit, and other		35,377			38,024
	Cards		38,063			40,948
	Commercial and industrial		20,178			16,684
	Lease financing		606			665

		$	145,528		$	148,496

Total Consumer loans		$	424,954		$	455,663
Net unearned income			(328	)		69

Consumer loans, net of unearned income		$	424,626		$	455,732

During the three and nine months ended September 30, 2011, the Company sold and/or reclassified (to held-for-sale) $3.1 billion and $14.0 billion, respectively, of Consumer loans. The Company did not have significant purchases of Consumer loans during the nine months ended September 30, 2011.

Citigroup has a comprehensive risk management process to monitor, evaluate and manage the principal risks associated with its Consumer loan portfolio. Included in the loan table above are lending products whose terms may give rise to additional credit issues. Credit cards with below-market introductory interest rates and interest-only loans are examples of such products. However, these products are closely managed using appropriate credit techniques that mitigate their additional inherent risk.

Credit quality indicators that are actively monitored include delinquency status, consumer credit scores, and loan to value ratios, each as discussed in more detail below:

Delinquency status is carefully monitored and considered a key indicator of credit quality. Substantially all of the U.S. residential first mortgage loans use the MBA method of reporting delinquencies, which considers a loan delinquent if a monthly payment has not been received by the end of the day immediately preceding the loan's next due date. All other loans use the OTS method of reporting delinquencies, which considers a loan delinquent if a monthly payment has not been received by the close of business on the loan's next due date. As a general rule, residential first mortgages, home equity loans and installment loans are classified as non-accrual when loan payments are 90 days contractually past due. Credit cards and unsecured revolving loans generally accrue interest until payments are 180 days past due. Commercial market loans are placed on a cash (non-accrual) basis when it is determined, based on actual experience and a forward-looking assessment of the collectability of the loan in full, that the payment of interest or principal is doubtful or when interest or principal is 90 days past due.

The following tables provide details on Citigroup's Consumer loan delinquency and non-accrual loans as of September 30, 2011 and December 31, 2010:

*In millions of dollars*		30 - 89 days past due(1)		³ 90 days past due(2)		90 days past due and accruing		Total non-accrual		Total current(3)(4)		Total loans(4)(5)

In North America offices
	Residential first mortgages	$	3,650	$	3,994	$	5,058	$	4,049	$	80,687	$	95,108
	Home equity loans(6)		913		1,019		—		982		42,920		44,852
	Credit cards		2,406		2,058		2,058		—		110,159		114,623
	Installment and other		860		446		13		706		19,240		20,546
	Commercial market loans		21		123		9		217		6,786		6,930

Total		$	7,850	$	7,640	$	7,138	$	5,954	$	259,792	$	282,059

In offices outside North America
	Residential first mortgages	$	540	$	505	$	—	$	757	$	42,336	$	43,381
	Home equity loans(6)		—		1		—		1		7		8
	Credit cards		915		777		498		482		37,141		38,833
	Installment and other		689		235		—		518		28,473		29,397
	Commercial market loans		51		146		—		234		29,376		29,573

Total		$	2,195	$	1,664	$	498	$	1,992	$	137,333	$	141,192

Total Citigroup		$	10,045	$	9,304	$	7,636	$	7,946	$	397,125	$	423,251

(1): Excludes $1.7 billion of residential first mortgages that are guaranteed by U.S. government agencies.
(2): Excludes $5.0 billion of residential first mortgages that are guaranteed by U.S. government agencies.
(3): Loans less than 30 days past due are presented as current.
(4): Includes $1.3 billion of residential first mortgages recorded at fair value.
(5): Excludes $1.4 billion of Consumer loans in SAP for which delinquency information is not available.
(6): Fixed rate home equity loans and loans extended under home equity lines of credit which are typically in junior lien positions.

*In millions of dollars*		30 - 89 days past due(1)		³ 90 days past due(2)		90 days past due and accruing		Total non-accrual		Total current(3)(4)		Total loans(4)

In North America offices
	Residential first mortgages	$	4,311	$	5,668	$	5,405	$	5,679	$	81,597	$	98,579
	Home equity loans(5)		1,137		1,279		—		1,273		43,814		46,230
	Credit cards		3,290		3,207		3,207		—		117,496		123,993
	Installment and other		1,500		1,126		344		1,014		29,665		32,291
	Commercial market loans		172		157		—		574		9,952		10,281

Total		$	10,410	$	11,437	$	8,956	$	8,540	$	282,524	$	311,374

In offices outside North America
	Residential first mortgages	$	657	$	573	$	—	$	774	$	41,852	$	43,082
	Home equity loans(5)		2		4		—		6		188		194
	Credit cards		1,116		974		409		564		40,806		42,896
	Installment and other		823		291		41		635		30,790		31,904
	Commercial market loans		61		186		1		278		26,035		26,282

Total		$	2,659	$	2,028	$	451	$	2,257	$	139,671	$	144,358

In the U.S., independent credit agencies rate an individual's risk for assuming debt based on the individual's credit history and assign every consumer a credit score. These scores are often called "FICO scores" because most credit bureau scores used in the U.S. are produced from software developed by Fair Isaac Corporation. Scores range from a high of 900 (which indicates high credit quality) to 300. These scores are continually updated by the agencies based upon an individual's credit actions (e.g., taking out a loan, missed or late payments, etc.).

The following table provides details on the FICO scores attributable to Citi's U.S. Consumer loan portfolio as of September 30, 2011 and December 31, 2010 (commercial market loans are not included in the table since they are business-based and FICO scores are not a primary driver in their credit evaluation). FICO scores are updated monthly for substantially all of the portfolio or, otherwise, on a quarterly basis.

As previously disclosed, during the first quarter of 2011, the cards businesses in the U.S. began using a more updated FICO model version to score customer accounts for substantially all of their loans. The change was made to incorporate a more recent version of FICO in order to improve the predictive strength of the score and to enhance Citi's ability to manage risk. In the first quarter, this change resulted in an increase in the percentage of balances with FICO scores equal to or greater than 660 and conversely lowered the percentage of balances with FICO scores lower than 620.

		September 30, 2011

		FICO
FICO Score Distribution in U.S. Portfolio(1)(2) *In millions of dollars*		Less than 620		³ 620 but less than 660		Equal to or greater than 660
Residential first mortgages		$	20,931	$	8,857	$	51,957
Home equity loans			7,049		3,713		31,938
Credit cards			9,858		10,766		89,513

Installment and other			6,564		3,363		7,520

	Total	$	44,402	$	26,699	$	180,928

		December 31, 2010

		FICO
FICO Score Distribution in U.S. Portfolio(1)(2) *In millions of dollars*		Less than 620		³ 620 but less than 660		Equal to or greater than 660
Residential first mortgages		$	24,794	$	9,095	$	50,589
Home equity loans			7,531		3,413		33,363
Credit cards			18,341		12,592		88,332
Installment and other			11,320		3,760		10,743

	Total	$	61,986	$	28,860	$	183,027

Loan to value (LTV) ratios are important credit indicators for U.S. mortgage loans. These ratios (loan balance divided by appraised value) are calculated at origination and updated by applying market price data.

The following tables provide details on the LTV ratios attributable to Citi's U.S. Consumer mortgage portfolios as of September 30, 2011 and December 31, 2010. LTV ratios are updated monthly using the most recent Core Logic HPI data available for substantially all of the portfolio applied at the Metropolitan Statistical Area level, if available; otherwise, at the state level. The remainder of the portfolio is updated in a similar manner using the Office of Federal Housing Enterprise Oversight indices.

		September 30, 2011

		LTV
LTV Distribution in U.S. Portfolio(1)(2) *In millions of dollars*		Less than or equal to 80%		> 80% but less than or equal to 100%		Greater than 100%
Residential first mortgages		$	36,536	$	22,232	$	22,958

Home equity loans			13,672		11,047		17,766

	Total	$	50,208	$	33,279	$	40,724

Impaired loans are those for which Citigroup believes it is probable that it will not collect all amounts due according to the original contractual terms of the loan. Impaired Consumer loans include non-accrual commercial market loans as well as smaller-balance homogeneous loans whose terms have been modified due to the borrower's financial difficulties and Citigroup has granted a concession to the borrower. These modifications may include interest rate reductions and/or principal forgiveness. Impaired Consumer loans exclude smaller-balance homogeneous loans that have not been modified and are carried on a non-accrual basis. In addition, Impaired Consumer loans exclude substantially all loans modified pursuant to Citi's short-term modification programs (i.e., for periods of 12 months or less) that were modified prior to January 1, 2011. At September 30, 2011, loans included in these short-term programs amounted to approximately $4.0 billion.

Effective in the third quarter, as a result of adopting ASU 2011-02, certain loans modified under short-term programs since January 1, 2011 that were previously measured for impairment under ASC 450 are now measured for impairment under ASC 310-10-35. At September 30, 2011, the recorded investment in such loans was $1,170 million and the allowance for credit losses associated with those loans was $467 million. See Note 1 to the Consolidated Financial Statements for a discussion of this change.

Valuation allowances for impaired Consumer loans are determined in accordance with ASC 310-10-35 considering all available evidence including, as appropriate, the present value of the expected future cash flows discounted at the loan's original contractual effective rate, the secondary market value of the loan and the fair value of collateral less disposal costs. These expected cash flows incorporate modification program default rate assumptions. The original contractual effective rate for credit card loans is the pre-modification rate, which may include interest rate increases under the original contractual agreement with the borrower.

The following tables present information about total impaired Consumer loans at September 30, 2011 and December 31, 2010, and for the three- and nine-month periods ended September 30, 2011 and September 30, 2010 for interest income recognized on impaired Consumer loans:

			September 30, 2011								Three Months Ended Sept. 30, 2011(5)(6)		Nine Months Ended Sept. 30, 2011(5)(6)

*In millions of dollars*			Recorded investment(1)(2)		Unpaid principal balance		Related specific allowance(3)		Average carrying value(4)		Interest income recognized		Interest income recognized
	Mortgage and real estate
		Residential first mortgages	$	19,296	$	20,429	$	3,380	$	17,794	$	220	$	674
		Home equity loans		1,859		1,909		1,065		1,539		21		51
	Credit cards			6,869		6,913		3,201		6,345		98		296
	Installment and other
		Individual installment and other		2,678		2,679		1,296		2,899		75		228
		Commercial market loans		434		633		63		619		3		19

Total(7)			$	31,136	$	32,563	$	9,005	$	29,196	$	417	$	1,268

(1): Recorded investment in a loan includes net deferred loan fees and costs, unamortized premium or discount and direct write-downs and includes accrued interest only on credit card loans.
(2): $1,002 million of residential first mortgages, $18 million of home equity loans and $194 million of commercial market loans do not have a specific allowance.
(3): Included in the Allowance for loan losses.
(4): Average carrying value represents the average recorded investment balance for 2011 and does not include related specific allowance.
(5): Includes amounts recognized on both an accrual and cash basis.
(6): Cash interest receipts on smaller-balance homogeneous loans are generally recorded as revenue. The interest recognition policy for commercial market loans is identical to that for Corporate loans, as described below.
(7): Prior to 2008, the Company's financial accounting systems did not separately track impaired smaller-balance, homogeneous Consumer loans whose terms were modified due to the borrowers' financial difficulties and it was determined that a concession was granted to the borrower. Smaller-balance consumer loans modified since January 1, 2008 amounted to $30.7 billion at September 30, 2011. However, information derived from Citi's risk management systems indicates that the amounts of outstanding modified loans, including those modified prior to 2008, approximated $31.9 billion at September 30, 2011.

			December 31, 2010

*In millions of dollars*			Recorded investment(1)(2)		Unpaid principal balance		Related specific allowance(3)		Average carrying value(4)
	Mortgage and real estate
		Residential first mortgages	$	16,225	$	17,287	$	2,783	$	13,606
		Home equity loans		1,205		1,256		393		1,010
	Credit cards			5,906		5,906		3,237		5,314
	Installment and other
		Individual installment and other		3,286		3,348		1,177		3,627
		Commercial market loans		696		934		145		909

Total(5)			$	27,318	$	28,731	$	7,735	$	24,466

(1): Recorded investment in a loan includes net deferred loan fees and costs, unamortized premium or discount and direct write-downs and includes accrued interest only on credit card loans.
(2): $1,050 million of residential first mortgages, $6 million of home equity loans and $323 million of commercial market loans do not have a specific allowance.
(3): Included in the Allowance for loan losses.
(4): Average carrying value does not include related specific allowance.
(5): Prior to 2008, the Company's financial accounting systems did not separately track impaired smaller-balance, homogeneous Consumer loans whose terms were modified due to the borrowers' financial difficulties and it was determined that a concession was granted to the borrower. Smaller-balance consumer loans modified since January 1, 2008 amounted to $26.6 billion at December 31, 2010. However, information derived from Citi's risk management systems indicates that the amounts of outstanding modified loans, including those modified prior to 2008, approximated $28.2 billion at December 31, 2010.

The following tables provide details on TDR activity and default information as of and for the three- and nine-month periods ended September 30, 2011.

The following table presents TDRs occurring during the three-month period ended September 30, 2011.

*In millions of dollars except number of loans modified*			Pre- modification recorded investment		Post- modification recorded investment(1)		Deferred principal(2)		Contingent principal forgiveness(3)		Principal forgiveness

North America
	Residential first mortgages	6,392	$	1,071	$	1,125	$	25	$	9	$	—	2	%
	Home equity products	2,817		161		165		2		—		—	4	%
	Credit cards	146,783		853		853		—		—		—	19	%
	Installment and other revolving	13,968		101		101		—		—		—	4	%
	Commercial markets(4)	54		6		—		—		—		—	—

Total		170,014	$	2,192	$	2,244	$	27	$	9	$	—

International
	Residential first mortgages	1,028	$	60	$	58	$	—	$	—	$	1	1	%
	Home equity products	10		1		1		—		—		—	—
	Credit cards	51,089		140		138		—		—		—	24	%
	Installment and other revolving	25,330		113		111		—		—		1	13	%
	Commercial markets(4)	34		30		—		—		—		—	—

Total		77,491	$	344	$	308	$	—	$	—	$	2

The following table presents TDRs occurring during the nine-month period ended September 30, 2011.

In millions of dollars except number of loans modified			Pre- modification recorded investment		Post- modification recorded investment(1)		Deferred principal(2)		Contingent principal forgiveness(3)		Principal forgiveness

North America
	Residential first mortgages	23,934	$	3,915	$	4,144	$	102	$	45	$	—	2	%
	Home equity products	11,926		662		686		21		1		—	4	%
	Credit cards	509,214		2,981		2,976		—		—		—	19	%
	Installment and other revolving	53,074		395		395		—		—		—	4	%
	Commercial markets(4)	491		49		—		—		—		1	—

Total		598,639	$	8,002	$	8,201	$	123	$	46	$	1

International
	Residential first mortgages	3,392	$	186	$	180	$	—	$	—	$	5	1	%
	Home equity products	50		3		3		—		—		—	—
	Credit cards	177,309		477		469		—		—		1	23	%
	Installment and other revolving	72,294		400		385		—		—		8	12	%
	Commercial markets(4)	43		48		—		—		—		—	—

Total		253,088	$	1,114	$	1,037	$	—	$	—	$	14

The following table presents TDRs that were modified within the last 15 months prior to each quarter-end in 2011 and for which there was a payment default in that quarterly period.

In millions of dollars		TDR loans in payment default Three Months Ended September 30, 2011(1)(2)		TDR loans in payment default Nine Months Ended September 30, 2011(1)(3)

North America
	Residential first mortgages	$	489	$	1,368
	Home equity products		15		29
	Credit cards		220		1,012
	Installment and other revolving		25		52
	Commercial markets(1)		1		2

Total		$	750	$	2,463

International
	Residential first mortgages	$	15	$	65
	Home equity products		—		2
	Credit cards		65		255
	Installment and other revolving		45		201
	Commercial markets(1)		8		11

Total		$	133	$	534

Corporate loans represent loans and leases managed by ICG or the SAP. The following table presents information by Corporate loan type as of September 30, 2011 and December 31, 2010:

*In millions of dollars*		Sept. 30, 2011			Dec. 31, 2010

Corporate
In U.S. offices
	Commercial and industrial	$	18,361		$	14,334
	Loans to financial institutions		31,241			29,813
	Mortgage and real estate(1)		20,426			19,693
	Installment, revolving credit and other		14,359			12,640
	Lease financing		1,396			1,413

		$	85,783		$	77,893

In offices outside the U.S.
	Commercial and industrial	$	75,661		$	71,618
	Installment, revolving credit and other		14,733			11,829
	Mortgage and real estate(1)		6,015			5,899
	Loans to financial institutions		27,069			22,620
	Lease financing		469			531
	Governments and official institutions		3,545			3,644

		$	127,492		$	116,141

Total Corporate loans		$	213,275		$	194,034
Net unearned income			(662	)		(972	)

Corporate loans, net of unearned income		$	212,613		$	193,062

During the nine and three months ended September 30, 2011, the Company sold and/or reclassified (to held-for-sale) $4.8 billion and $1.1 billion, respectively, of held-for-investment Corporate loans. The Company did not have significant purchases of loans classified as held-for-investment during the nine and three months ended September 30, 2011.

Corporate loans are identified as impaired and placed on a cash (non-accrual) basis when it is determined, based on actual experience and a forward-looking assessment of the collectability of the loan in full, that the payment of interest or principal is doubtful or when interest or principal is 90 days past due, except when the loan is well collateralized and in the process of collection. Any interest accrued on impaired Corporate loans and leases is reversed at 90 days and charged against current earnings, and interest is thereafter included in earnings only to the extent actually received in cash. When there is doubt regarding the ultimate collectability of principal, all cash receipts are thereafter applied to reduce the recorded investment in the loan. While Corporate loans are generally managed based on their internally assigned risk rating (see further discussion below), the following tables present delinquency information by Corporate loan type as of September 30, 2011 and December 31, 2010:

*In millions of dollars*		30-89 days past due and accruing(1)		³ 90 days past due and accruing(1)		Total past due and accruing		Total non-accrual(2)		Total current(3)		Total loans

	Commercial and industrial	$	128	$	7	$	135	$	1,357	$	90,780	$	92,272
	Financial institutions		4		—		4		1,247		56,117		57,368
	Mortgage and real estate		338		75		413		1,172		24,726		26,311
	Leases		4		11		15		19		1,831		1,865
	Other		92		4		96		376		30,269		30,741
Loans at fair value													4,056

Total		$	566	$	97	$	663	$	4,171	$	203,723	$	212,613

(1): Corporate loans that are greater than 90 days past due are generally classified as non-accrual. Corporate loans are considered past due when principal or interest is contractually due but unpaid.
(2): Citi generally does not manage Corporate loans on a delinquency basis. Non-accrual loans generally include those loans that are ³ 90 days past due or those loans for which Citi believes, based on actual experience and a forward-looking assessment of the collectability of the loan in full that the payment of interest or principal is doubtful.
(3): Corporate loans are past due when principal or interest is contractually due but unpaid. Loans less than 30 days past due are presented as current.

*In millions of dollars*		30-89 days past due and accruing(1)		³ 90 days past due and accruing(1)		Total past due and accruing		Total non-accrual(2)		Total current(3)		Total loans

	Commercial and industrial	$	94	$	39	$	133	$	5,135	$	78,752	$	84,020
	Financial institutions		2		—		2		1,258		50,648		51,908
	Mortgage and real estate		376		20		396		1,782		22,892		25,070
	Leases		9		—		9		45		1,890		1,944
	Other		100		52		152		400		26,941		27,493
Loans at fair value													2,627

Total		$	581	$	111	$	692	$	8,620	$	181,123	$	193,062

(1): Corporate loans that are greater than 90 days past due are generally classified as non-accrual. Corporate loans are considered past due when principal or interest is contractually due but unpaid.
(2): Citi generally does not manage Corporate loans on a delinquency basis. Non-accrual loans generally include those loans that are ³ 90 days past due or those loans for which Citi believes, based on actual experience and a forward-looking assessment of the collectability of the loan in full, that the payment of interest or principal is doubtful.
(3): Corporate loans are past due when principal or interest is contractually due but unpaid. Loans less than 30 days past due are presented as current.

Citigroup has established a risk management process to monitor, evaluate and manage the principal risks associated with its Corporate loan portfolio. As part of its risk management process, Citi assigns numeric risk ratings to its Corporate loan facilities based on quantitative and qualitative assessments of the obligor and facility. These risk ratings are reviewed at least annually or more often if material events related to the obligor or facility warrant. Factors considered in assigning the risk ratings include: financial condition of the borrower, qualitative assessment of management and strategy, amount and sources of repayment, amount and type of collateral and guarantee arrangements, amount and type of any contingencies associated with the borrower, and the borrower's industry and geography.

The obligor risk ratings are defined by ranges of default probabilities. The facility risk ratings are defined by ranges of loss norms, which are the product of the probability of default and the loss given default. The investment grade rating categories are similar to the category BBB-/Baa3 and above as defined by S&P and Moody's. Loans classified according to the bank regulatory definitions as special mention, substandard and doubtful will have risk ratings within the non-investment grade categories.

Corporate Loans Credit Quality Indicators at September 30, 2011 and December 31, 2010

*In millions of dollars*			Recorded investment in loans(1) September 30, 2011		Recorded investment in loans(1) December 31, 2010

Investment grade(2)
		Commercial and industrial	$	60,955	$	52,932
		Financial institutions		49,521		47,310
		Mortgage and real estate		9,470		8,119
		Leases		1,050		1,204
		Other		26,076		21,844

Total investment grade			$	147,072	$	131,409

Non-investment grade(2)
	Accrual
		Commercial and industrial	$	29,960	$	25,992
		Financial institutions		6,601		3,412
		Mortgage and real estate		3,320		3,329
		Leases		796		695
		Other		4,288		4,316
	Non-accrual
		Commercial and industrial		1,357		5,135
		Financial institutions		1,247		1,258
		Mortgage and real estate		1,172		1,782
		Leases		19		45
		Other		376		400

Total non-investment grade			$	49,136	$	46,364

Private Banking loans managed on a delinquency basis(2)			$	12,349	$	12,662
Loans at fair value				4,056		2,627

Corporate loans, net of unearned income			$	212,613	$	193,062

Corporate loans and leases identified as impaired and placed on non-accrual status are written down to the extent that principal is judged to be uncollectible. Impaired collateral-dependent loans and leases, where repayment is expected to be provided solely by the sale of the underlying collateral and there are no other available and reliable sources of repayment, are written down to the lower of cost or collateral value. Cash-basis loans are returned to an accrual status when all contractual principal and interest amounts are reasonably assured of repayment and there is a sustained period of repayment performance, generally six months, in accordance with the contractual terms of the loan.

The following tables present non-accrual loan information by Corporate loan type at September 30, 2011 and December 31, 2010, respectively, and for the three- and nine-month periods ended September 30, 2011 and September 30, 2010 for interest income recognized on non-accrual Corporate loans:

		September 30, 2011								Three Months Ended September 30, 2011		Nine Months Ended September 30, 2011

*In millions of dollars*		Recorded investment(1)		Unpaid principal balance		Related specific allowance		Average carrying value(2)		Interest income recognized		Interest income recognized
Non-accrual Corporate loans
	Commercial and industrial	$	1,357	$	1,709	$	216	$	2,446	$	24	$	48
	Loans to financial institutions		1,247		1,791		57		1,180		—		—
	Mortgage and real estate		1,172		1,390		156		1,673		3		10
	Lease financing		19		26		—		33		—		2
	Other		376		578		78		448		4		17

	Total non-accrual Corporate loans	$	4,171	$	5,494	$	507	$	5,780	$	31	$	77

		December 31, 2010

*In millions of dollars*		Recorded investment(1)		Unpaid principal balance		Related specific allowance		Average carrying value(2)
Non-accrual Corporate loans
	Commercial and industrial	$	5,135	$	8,031	$	843	$	6,027
	Loans to financial institutions		1,258		1,835		259		883
	Mortgage and real estate		1,782		2,328		369		2,474
	Lease financing		45		71		—		55
	Other		400		948		218		1,205

	Total non-accrual Corporate loans	$	8,620	$	13,213	$	1,689	$	10,644

		September 30, 2011				December 31, 2010

*In millions of dollars*		Recorded investment(1)		Related specific allowance		Recorded investment(1)		Related specific allowance
Non-accrual Corporate loans with valuation allowances
	Commercial and industrial	$	587	$	216	$	4,257	$	843
	Loans to financial institutions		610		57		818		259
	Mortgage and real estate		613		156		1,008		369
	Other		155		78		241		218

	Total non-accrual Corporate loans with specific allowance	$	1,965	$	507	$	6,324	$	1,689

Non-accrual Corporate loans without specific allowance
	Commercial and industrial	$	770			$	878
	Loans to financial institutions		637				440
	Mortgage and real estate		559				774
	Lease financing		19				45
	Other		221				159

	Total non-accrual Corporate loans without specific allowance	$	2,206		N/A	$	2,296		N/A

Included in the Corporate and Consumer loan outstanding tables above are purchased distressed loans, which are loans that have evidenced significant credit deterioration subsequent to origination but prior to acquisition by Citigroup. In accordance with SOP 03-3 (codified as ASC 310-30), the difference between the total expected cash flows for these loans and the initial recorded investment is recognized in income over the life of the loans using a level yield. Accordingly, these loans have been excluded from the impaired loan table information presented above. In addition, per SOP 03-3, subsequent decreases in the expected cash flows for a purchased distressed loan require a build of an allowance so the loan retains its level yield. However, increases in the expected cash flows are first recognized as a reduction of any previously established allowance and then recognized as income prospectively over the remaining life of the loan by increasing the loan's level yield. Where the expected cash flows cannot be reliably estimated, the purchased distressed loan is accounted for under the cost recovery method.

The following tables provide details on TDR activity and default information as of and for the three- and nine-month periods ended September 30, 2011.

The following table presents TDRs occurring during the three-month period ended September 30, 2011.

*In millions of dollars*		Carrying Value		TDRs involving changes in the amount and/or timing of principal payments(1)		TDRs involving changes in the amount and/or timing of interest payments(2)		TDRs involving changes in both the amount and/or timing of principal and interest payments		Balance of principal forgiven		Net P&L impact(3)

	Commercial and industrial	$	70	$	—	$	—	$	70	$	—	$	15
	Loans to financial institutions		—		—		—		—		—		—
	Mortgage and real estate		16		—		14		2		—		—
	Other		74		—		67		7		—		—

Total		$	160	$	—	$	81	$	79	$	—	$	15

The following table presents TDRs occurring during the nine-month period ended September 30, 2011.

*In millions of dollars*		Carrying Value		TDRs involving changes in the amount and/or timing of principal payments(1)		TDRs involving changes in the amount and/or timing of interest payments(2)		TDRs involving changes in both the amount and/or timing of principal and interest payments		Balance of principal forgiven or deferred		Net P&L impact(3)

	Commercial and industrial	$	110	$	—	$	—	$	110	$	—	$	16
	Loans to financial institutions		—		—		—		—		—		—
	Mortgage and real estate		244		3		14		227		4		37
	Other		74		—		67		7		—		—

Total		$	428	$	3	$	81	$	344	$	4	$	53

The following table presents corporate loans modified in a troubled debt restructuring within the last 12 months prior to each quarter end in 2011 and for which there was a payment default in that quarterly period.

*In millions of dollars*		Carrying Value at Sept. 30, 2011		TDR Loans in payment default(1) Three Months Ended Sept. 30, 2011		TDR Loans in payment default(1) Nine Months Ended Sept. 30, 2011

	Commercial and industrial	$	419	$	6	$	7
	Loans to financial institutions		579		—		—
	Mortgage and real estate		263		—		—
	Other		100		—		—

Total Corporate Loans modified in TDRs		$	1,361	$	6	$	7