Interest revenue and interest expense |
Interest revenue and Interest expense consisted of the following:
| | | | | | | | | | | | | | | | | Three Months Ended September 30, | Nine Months Ended September 30, | | In millions of dollars | 2022 | 2021 | 2022 | 2021 | | Interest revenue | | | | | | Consumer loans | $ | 7,380 | | $ | 6,567 | | $ | 20,243 | | $ | 19,790 | | | Corporate loans | 3,403 | | 2,307 | | 8,750 | | 6,726 | | | Loan interest, including fees | $ | 10,783 | | $ | 8,874 | | $ | 28,993 | | $ | 26,516 | | | Deposits with banks | 1,218 | | 147 | | 2,172 | | 418 | | | Securities borrowed and purchased under agreements to resell | 2,176 | | 264 | | 3,375 | | 763 | | | Investments, including dividends | 2,993 | | 1,885 | | 7,413 | | 5,455 | | | Trading account assets(1) | 1,989 | | 1,284 | | 4,794 | | 4,091 | | | Other interest-earning assets(2) | 760 | | 196 | | 1,953 | | 404 | | | Total interest revenue | $ | 19,919 | | $ | 12,650 | | $ | 48,700 | | $ | 37,647 | | | Interest expense | | | | | | Deposits | $ | 3,270 | | $ | 730 | | $ | 5,561 | | $ | 2,118 | | | Securities loaned and sold under agreements to repurchase | 1,251 | | 287 | | 2,188 | | 800 | | | Trading account liabilities(1) | 472 | | 106 | | 756 | | 370 | | | Short-term borrowings and other interest-bearing liabilities(3) | 745 | | 8 | | 1,068 | | 70 | | | Long-term debt | 1,618 | | 828 | | 3,729 | | 2,614 | | | Total interest expense | $ | 7,356 | | $ | 1,959 | | $ | 13,302 | | $ | 5,972 | | | Net interest income | $ | 12,563 | | $ | 10,691 | | $ | 35,398 | | $ | 31,675 | | | Provision (benefit) for credit losses on loans | 1,328 | | (188) | | 2,972 | | (2,793) | | | Net interest income after provision for credit losses on loans | $ | 11,235 | | $ | 10,879 | | $ | 32,426 | | $ | 34,468 | | |
(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 assets from businesses held-for-sale (see Note 2) and Brokerage receivables. (3)Includes liabilities from businesses held-for-sale (see Note 2) and Brokerage payables.
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