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C » Topics » Credit Commitments

This excerpt taken from the C 10-Q filed Nov 6, 2009.

Credit Commitments

        The table below summarizes Citigroup's other commitments as of September 30, 2009 and December 31, 2008.

In millions of dollars   U.S.   Outside of
U.S. 		  September 30,
2009 		  December 31,
2008 		 

Commercial and similar letters of credit

   $ 1,691   $ 5,625   $ 7,316   $ 8,215  

One- to four-family residential mortgages

     1,002     260     1,262     937  

Revolving open-end loans secured by one- to four-family residential properties

     22,186     2,919     25,105     25,212  

Commercial real estate, construction and land development

     1,059     604     1,663     2,702  

Credit card lines

     680,750     134,402     815,152     1,002,437  

Commercial and other consumer loan commitments

     172,708     89,451     262,159     309,997  
                   

Total

   $ 879,396   $ 233,261   $ 1,112,657   $ 1,349,500  
                   

        The majority of unused commitments are contingent upon customers' maintaining specific credit standards. Commercial commitments generally have floating interest rates and fixed expiration dates and may require payment of fees. Such fees (net of certain direct costs) are deferred and, upon exercise of the commitment, amortized over the life of the loan or, if exercise is deemed remote, amortized over the commitment period.

This excerpt taken from the C 8-K filed Oct 13, 2009.

Credit Commitments

 

The table below summarizes Citigroup’s other commitments as of December 31, 2008 and December 31, 2007.

 

In millions of dollars

 

U.S.

 

Outside
U.S.

 

December 31,
2008

 

December 31,
2007

 

Commercial and similar letters of credit

 

$

 2,187

 

$

 6,028

 

$

 8,215

 

$

 9,175

 

One- to four-family residential mortgages

 

628

 

309

 

937

 

4,587

 

Revolving open-end loans secured by one- to four-family residential properties

 

22,591

 

2,621

 

25,212

 

35,187

 

Commercial real estate, construction and land development

 

2,084

 

618

 

2,702

 

4,834

 

Credit card lines

 

867,261

 

135,176

 

1,002,437

 

1,103,535

 

Commercial and other consumer loan commitments

 

217,818

 

92,179

 

309,997

 

473,631

 

Total

 

$

 1,112,569

 

$

 236,931

 

$

 1,349,500

 

$

 1,630,949

 

 

The majority of unused commitments are contingent upon customers’ maintaining specific credit standards. Commercial commitments generally have floating interest rates and fixed expiration dates and may require payment of fees. Such fees (net of certain direct costs) are deferred and, upon exercise of the commitment, amortized over the life of the loan or, if exercise is deemed remote, amortized over the commitment period.

 

This excerpt taken from the C 10-Q filed Aug 7, 2009.

Credit Commitments

        The table below summarizes Citigroup's other commitments as of June 30, 2009 and December 31, 2008.

In millions of dollars   U.S.   Outside of
U.S. 		  June 30,
2009 		  December 31,
2008 		 

Commercial and similar letters of credit

   $ 1,833   $ 5,975   $ 7,808   $ 8,215  

One- to four-family residential mortgages

     1,083     247     1,330     937  

Revolving open-end loans secured by one- to four-family residential properties

     23,513     2,850     26,363     25,212  

Commercial real estate, construction and land development

     1,326     570     1,896     2,702  

Credit card lines

     738,176     134,867     873,043     1,002,437  

Commercial and other consumer loan commitments

     182,209     85,005     267,214     309,997  
                   

Total

   $ 948,140   $ 229,514   $ 1,177,654   $ 1,349,500  
                   

        The majority of unused commitments are contingent upon customers' maintaining specific credit standards. Commercial commitments generally have floating interest rates and fixed expiration dates and may require payment of fees. Such fees (net of certain direct costs) are deferred and, upon exercise of the commitment, amortized over the life of the loan or, if exercise is deemed remote, amortized over the commitment period.

This excerpt taken from the C 10-Q filed May 11, 2009.

Credit Commitments

        The table below summarizes Citigroup's other commitments as of March 31, 2009 and December 31, 2008.

In millions of dollars   U.S.   Outside
U.S. 		  March 31,
2009 		  December 31,
2008 		 
Commercial and similar letters of credit   $ 2,085   $ 5,233   $ 7,318   $ 8,215  
One- to four-family residential mortgages     734     258     992     937  
Revolving open-end loans secured by one- to four-family residential properties     24,611     2,573     27,184     25,212  
Commercial real estate, construction and land development     1,744     581     2,325     2,702  
Credit card lines     750,451     126,881     877,332     1,002,437  
Commercial and other consumer loan commitments     199,803     86,558     286,361     309,997  
                   
Total   $ 979,428   $ 222,084   $ 1,201,512   $ 1,349,500  
                   

        The majority of unused commitments are contingent upon customers' maintaining specific credit standards. Commercial commitments generally have floating interest rates and fixed expiration dates and may require payment of fees. Such fees (net of certain direct costs) are deferred and, upon exercise of the commitment, amortized over the life of the loan or, if exercise is deemed remote, amortized over the commitment period.

These excerpts taken from the C 10-K filed Feb 27, 2009.

Credit Commitments

The table below summarizes Citigroup’s other commitments as of December 31, 2008 and December 31, 2007.

 

In millions of dollars   U.S.    Outside 
U.S.		    December 31,
2008		    December 31,
2007

Commercial and similar letters of credit

   $ 2,187    $ 6,028    $ 8,215    $ 9,175

One- to four-family residential mortgages

     628      309      937      4,587

Revolving open-end loans secured by one- to four-family residential properties

     22,591      2,621      25,212      35,187

Commercial real estate, construction and land development

     2,084      618      2,702      4,834

Credit card lines

     867,261      135,176      1,002,437      1,103,535

Commercial and other consumer loan commitments

     217,818      92,179      309,997      473,631

Total

   $ 1,112,569    $ 236,931    $ 1,349,500    $ 1,630,949

 

The majority of unused commitments are contingent upon customers’ maintaining specific credit standards. Commercial commitments generally have floating interest rates and fixed expiration dates and may require payment of fees. Such fees (net of certain direct costs) are deferred and, upon exercise of the commitment, amortized over the life of the loan or, if exercise is deemed remote, amortized over the commitment period.

Credit Commitments

The table below summarizes Citigroup’s other commitments as of December 31, 2008 and December 31, 2007.

 

In millions of dollars   U.S.    Outside 
U.S.		    December 31,
2008		    December 31,
2007

Commercial and similar letters of credit

   $ 2,187    $ 6,028    $ 8,215    $ 9,175

One- to four-family residential mortgages

     628      309      937      4,587

Revolving open-end loans secured by one- to four-family residential properties

     22,591      2,621      25,212      35,187

Commercial real estate, construction and land development

     2,084      618      2,702      4,834

Credit card lines

     867,261      135,176      1,002,437      1,103,535

Commercial and other consumer loan commitments

     217,818      92,179      309,997      473,631

Total

   $ 1,112,569    $ 236,931    $ 1,349,500    $ 1,630,949

 

The majority of unused commitments are contingent upon customers’ maintaining specific credit standards. Commercial commitments generally have floating interest rates and fixed expiration dates and may require payment of fees. Such fees (net of certain direct costs) are deferred and, upon exercise of the commitment, amortized over the life of the loan or, if exercise is deemed remote, amortized over the commitment period.

This excerpt taken from the C 8-K filed Jan 23, 2009.

Credit Commitments

 

The table below summarizes Citigroup’s other commitments as of December 31, 2007 and 2006.

 

In millions of dollars

 

U.S.

 

Outside of
U.S.

 

December 31,
2007

 

December 31,
2006

 

Commercial and similar letters of credit

 

$

1,483

 

$

7,692

 

$

9,175

 

$

7,861

 

One- to four-family residential mortgages

 

3,824

 

763

 

4,587

 

3,457

 

Revolving open-end loans secured by one- to four-family residential properties

 

31,930

 

3,257

 

35,187

 

32,449

 

Commercial real estate, construction and land development

 

3,736

 

1,098

 

4,834

 

4,007

 

Credit card lines

 

949,939

 

153,596

 

1,103,535

 

987,409

 

Commercial and other consumer loan commitments

 

303,376

 

170,255

 

473,631

 

439,931

 

Total

 

$

1,294,288

 

$

336,661

 

$

1,630,949

 

$

1,475,114

 

 

The majority of unused commitments are contingent upon customers’ maintaining specific credit standards. Commercial commitments generally have floating interest rates and fixed expiration dates and may require payment of fees. Such fees (net of certain direct costs) are deferred and, upon exercise of the commitment, amortized over the life of the loan or, if exercise is deemed remote, amortized over the commitment period.

 

EXCERPTS ON THIS PAGE:

10-Q
Nov 6, 2009
8-K
Oct 13, 2009
10-Q
Aug 7, 2009
10-Q
May 11, 2009
10-K (2 sections)
Feb 27, 2009
8-K
Jan 23, 2009

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