INTEREST REVENUE AND EXPENSE (Tables)

3 Months Ended

Mar. 31, 2012

INTEREST REVENUE AND EXPENSE

Interest revenue and expense

	Three Months Ended March 31,
In millions of dollars	2012		2011
Interest revenue
Loan interest, including fees	$	12,482	$	12,286
Deposits with banks		367		459
Federal funds sold and securities borrowed or purchased under agreements to resell		943		838
Investments, including dividends		1,910		2,411
Trading account assets(1)		1,697		2,010
Other interest		138		151
Total interest revenue	$	17,537	$	18,155
Interest expense
Deposits(2)	$	2,022	$	2,014
Federal funds purchased and securities loaned or sold under agreements to repurchase		695		737
Trading account liabilities(1)		53		84
Short-term borrowings		208		170
Long-term debt		2,612		3,048
Total interest expense	$	5,590	$	6,053
Net interest revenue	$	11,947	$	12,102
Provision for loan losses		2,828		2,899
Net interest revenue after provision for loan losses	$	9,119	$	9,203

(1)

Interest expense on Trading account liabilities of ICG is reported as a reduction of interest revenue from Trading account assets.

(2)

Includes deposit insurance fees and charges of $372 million and $220 million for the three months ended March 31, 2012 and 2011, respectively.