Citigroup Inc.

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Citi-Branded CardsNCL $BNCL %90+ $B90+DPD %9.30%$2.49.82%8.80%$1.54.74%$1.9$1.9$1.8$1.7$1.6$1.01.80%2.82%2.36%2.06%1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10Note: Includes Puerto Rico.Retail Partner CardsNCL $BNCL %90+ $B90+DPD %12.81%$2.712.24%11.71%$1.9$2.0$1.7$1.66.88%$1.22.76%4.42%$1.53.80%$1.43.47%1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10Note: Includes Canada, Puerto Rico and Installment Lending.100
North America Cards—FICO InformationAs set forth in the table below, approximately 77% of the Citi-brandedportfolio had FICO credit scores of at least 660 on a refreshed basis as ofDecember 31, 2010, while 69% of the retail partner cards portfolio had scoresof 660 or above. These percentages reflect an improvement during 2010.Balances: December 31, 2010Refreshed Citi-Branded Retail PartnerFICO ≥ 660 77% 69%620 ≤ FICO < 660 9% 13%FICO < 620 14% 18%Note: Based on balances of $119 billion (increased from $116 billion at September 30, 2010). Balancesinclude interest and fees. Excludes Canada, Puerto Rico and Installment and Classified portfolios. Excludesbalances where FICO was unavailable ($0.5 billion for Citi-branded, $1.7 billion for retail partner cards).The table below provides delinquency statistics for loans 90+DPD for boththe Citi-branded and retail partner cards portfolios as of December 31, 2010.Given the economic environment, customers have generally migrated downfrom higher FICO score ranges, driven by their delinquencies with Citi and/or other creditors. As these customers roll through the delinquency buckets,they materially damage their credit score and may ultimately go to chargeoff.Loans 90+DPD are more likely to be associated with low refreshed FICOscores, both because low scores are indicative of repayment risk and becausetheir delinquency has been reported by Citigroup to the credit bureaus. Loanswith FICO scores less than 620, which constituted 14% of the Citi-brandedportfolio as of December 31, 2010 (down from 15% at September 30, 2010),have a 90+DPD rate of 13.9% (down from 15.0% at September 30, 2010).In the retail partner cards portfolio, loans with FICO scores less than 620constituted 18% of the portfolio as of December 31, 2010 (down from 21% atSeptember 30, 2010) and have a 90+DPD rate of 17.8% (up from 17.3% atSeptember 30, 2010).90+DPD Delinquency Rate: December 31, 2010Refreshed Citi-Branded 90+DPD% Retail Partner 90+DPD%FICO ≥ 660 0.1% 0.1%620 ≤ FICO < 660 0.6% 0.9%FICO < 620 13.9% 17.8%Note: Based on balances of $119 billion (increased from $116 billion at September 30, 2010). Balancesinclude interest and fees. Excludes Canada, Puerto Rico and Installment and Classified portfolios. Excludesbalances where FICO was unavailable ($0.5 billion for Citi-branded, $1.7 billion for retail partner cards).FICO Trend Information—North America CardsCiti-Branded CardsIn billions of dollars10080604020061.255.255.6 57.4 58.321.9 20.9 20.0 18.5 17.74Q09 1Q10 2Q10 3Q10 4Q10FICO < 660 FICO ≥ 660Note: Excludes Canada, Puerto Rico and Installment and Classified portfolios. Balances include interestand fees. Balances based on refreshed FICO. Chart also excludes balances for which FICO was unavailable($0.7 billion in 4Q09, $0.6 billion in 1Q10, $0.6 billion in 2Q10, $0.6 billion in 3Q10 and $0.5 billionin 4Q10).Retail Partner CardsIn billions of dollars605040302010034.230.2 30.020.0 18.3 16.3 14.6 13.2FICO < 660 FICO ≥ 66027.7 30.04Q09 1Q10 2Q10 3Q10 4Q10Note: Excludes Canada, Puerto Rico and Installment and Classified portfolios. Balances include interestand fees. Balances based on refreshed FICO. Chart also excludes balances for which FICO was unavailable($2.1 billion in 4Q09, $2.1 billion in 1Q10, $2.1 billion in 2Q10, $2.0 billion in 3Q10 and $1.7 billionin 4Q10).As of December 31, 2010, the Citi-branded cards portfolio totaledapproximately $76 billion (excluding the items noted above), a reductionof $7 billion, or 9%, from December 31, 2009, primarily driven by lowerbalances in the FICO below 660 segment. In the Citi-branded cardsportfolio, loans with refreshed FICO scores below 660 were $17.7 billionas of December 31, 2010, $4.2 billion or 19% lower than the balance asof December 31, 2009. Similarly, the retail partner cards portfolio wasapproximately $43 billion (excluding the items noted above) as of December31, 2010, a reduction of $11 billion, or 20%, from December 31, 2009. In theretail partner cards portfolio, loans with refreshed FICO scores below 660 were$13.2 billion as of December 31, 2010, $6.8 billion, or 34%, lower than thebalance as of December 31, 2009.101
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UNITED STATESSECURITIES AND EXCHANG
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CITIGROUP’S 2010 ANNUAL REPORT ON
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As described above, Citigroup is ma
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Operating ExpensesCitigroup operati
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FIVE-YEAR SUMMARY OF SELECTED FINAN
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CITIGROUP REVENUESIn millions of do
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REGIONAL CONSUMER BANKINGRegional C
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2009 vs. 2008Revenues, net of inter
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SECURITIES AND BANKINGSecurities an
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TRANSACTION SERVICESTransaction Ser
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BROKERAGE AND ASSET MANAGEMENTBroke
Page 29 and 30: Japan Consumer FinanceCitigroup con
Page 31 and 32: The following table provides detail
Page 33 and 34: CORPORATE/OTHERCorporate/Other incl
Page 35 and 36: During 2010, average Consumer loans
Page 37 and 38: SEGMENT BALANCE SHEET AT DECEMBER 3
Page 39 and 40: Citigroup Regulatory Capital Ratios
Page 41 and 42: Capital Resources of Citigroup’s
Page 43 and 44: Regulatory Capital Standards Develo
Page 45 and 46: DepositsCiti continues to focus on
Page 47 and 48: Secured financing is primarily cond
Page 49 and 50: Each of the credit rating agencies
Page 51 and 52: RISK FACTORSThe ongoing implementat
Page 53 and 54: The emerging markets in which Citi
Page 55 and 56: is largely uncertain. However, any
Page 57 and 58: a short-term Liquidity Coverage Rat
Page 59 and 60: understanding or cause confusion ac
Page 61 and 62: MANAGING GLOBAL RISKRISK MANAGEMENT
Page 63 and 64: CREDIT RISKCredit risk is the poten
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Page 67 and 68: (1) 2010 primarily includes an addi
Page 69 and 70: Non-Accrual Loans and AssetsThe tab
Page 71 and 72: Renegotiated LoansThe following tab
Page 73 and 74: Citi’s first mortgage portfolio i
Page 75 and 76: Consumer Mortgage FICO and LTVData
Page 77 and 78: Second Mortgages: December 31, 2010
Page 79: Interest Rate Risk Associated with
Page 83 and 84: CONSUMER LOAN DETAILSConsumer Loan
Page 85 and 86: Consumer Loan Modification Programs
Page 87 and 88: North America CardsNorth America ca
Page 89 and 90: Payment deferrals that do not conti
Page 91 and 92: Repurchase ReserveCiti has recorded
Page 93 and 94: Securities and Banking-Sponsored Pr
Page 95 and 96: The following table presents the co
Page 97 and 98: MARKET RISKMarket risk encompasses
Page 99 and 100: Trading PortfoliosPrice risk in tra
Page 101 and 102: INTEREST REVENUE/EXPENSE AND YIELDS
Page 103 and 104: AVERAGE BALANCES AND INTEREST RATES
Page 105 and 106: ANALYSIS OF CHANGES IN INTEREST EXP
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Page 109 and 110: As required by SEC rules, the table
Page 111 and 112: The credit valuation adjustment amo
Page 113 and 114: The fair values shown are prior to
Page 115 and 116: Key Controls over Fair Value Measur
Page 117 and 118: The following table reflects the in
Page 119 and 120: The results of the July 1, 2010 tes
Page 121 and 122: As a result of the losses incurred
Page 123 and 124: MANAGEMENT’S ANNUAL REPORT ON INT
Page 125 and 126: • an “ownership change” under
Page 127 and 128: REPORT OF INDEPENDENT REGISTERED PU
Page 129 and 130: FINANCIAL STATEMENTS AND NOTES TABL
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CONSOLIDATED FINANCIAL STATEMENTSCO
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CONSOLIDATED BALANCE SHEET(Continue
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CONSOLIDATED STATEMENT OF CHANGES I
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CITIBANK CONSOLIDATED BALANCE SHEET
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NOTES TO CONSOLIDATED FINANCIAL STA
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Repurchase and Resale AgreementsSec
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ecoveries are added. Securities rec
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Consumer Mortgage Representations a
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Transfers of Financial AssetsFor a
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ACCOUNTING CHANGESChange in Account
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The following table reflects the in
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Measuring Liabilities at Fair Value
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Revisions to the Earnings-per-Share
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FUTURE APPLICATION OF ACCOUNTING ST
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3. DISCONTINUED OPERATIONSSale of T
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CitiCapitalOn July 31, 2008, Citigr
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5. INTEREST REVENUE AND EXPENSEFor
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Stock Award ProgramsCitigroup issue
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In January 2009, members of the Man
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Information with respect to stock o
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9. RETIREMENT BENEFITSThe Company h
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The following table shows the chang
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A one-percentage-point change in th
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Level 3 Roll ForwardThe reconciliat
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10. INCOME TAXESIn millions of doll
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The Company is currently under audi
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11. EARNINGS PER SHAREThe following
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13. BROKERAGE RECEIVABLES AND BROKE
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The table below shows the fair valu
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Debt Securities Held-to-MaturityThe
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Evaluating Investments for Other-Th
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The following is a 12-month roll-fo
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16. LOANSCitigroup loans are report
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Residential Mortgage Loan to Values
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The following table presents Corpor
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Included in the Corporate and Consu
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18. GOODWILL AND INTANGIBLE ASSETSG
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Intangible AssetsThe components of
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CGMHI has committed long-term finan
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20. Regulatory CapitalCitigroup is
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22. SECURITIZATIONS AND VARIABLE IN
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In millions of dollars As of Decemb
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Funding Commitments for Significant
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Credit Card SecuritizationsThe Comp
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Managed Loans—Citi HoldingsThe fo
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Key assumptions used in measuring t
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Mortgage Servicing RightsIn connect
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The Company administers one conduit
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Key Assumptions and Retained Intere
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Municipal InvestmentsMunicipal inve
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Derivative NotionalsIn millions of
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activities together with gains and
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Cash Flow HedgesHedging of benchmar
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The range of credit derivatives sol
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24. CONCENTRATIONS OF CREDIT RISKCo
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Trading account assets and liabilit
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The internal valuation techniques u
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In millions of dollars at December
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Changes in Level 3 Fair Value Categ
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In millions of dollarsDecember 31,2
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26. FAIR VALUE ELECTIONSThe Company
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The following table provides inform
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Certain structured liabilitiesThe C
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28. PLEDGED SECURITIES, COLLATERAL,
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The repurchase reserve estimation p
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CollateralCash collateral available
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29. CONTINGENCIESOverviewIn additio
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pursuant to which Citigroup agreed
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court filings under docket number 0
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30. CITIBANK, N.A. STOCKHOLDER’S
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Condensed Consolidating Statements
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Condensed Consolidating Balance She
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33. SELECTED QUARTERLY FINANCIAL DA
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SUPERVISION AND REGULATIONCitigroup
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Citigroup continues to evaluate its
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CORPORATE INFORMATIONCITIGROUP EXEC
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SignaturesPursuant to the requireme
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Citigroup Inc.

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