FirstCaribbean International Bank (Bahamas) Limited

Notes to Consolidated Financial StatementsFor the year ended October 31, 2009(Expressed in thousands of Bahamian dollars)9. Loans and Advances to CustomersBusiness &Personal Government 2009Mortgages Loans Loans TotalPerforming loans (Note 26) $1,031,537 $ 253,795 $ 1,015,248 $2,300,580Impaired loans (Note 26) 142,165 47,770 135,085 325,020Gross loans 1,173,702 301,565 1,150,333 2,625,600Less: Provisions for impairment (11,296) (18,103) (45,926) (75,325)$1,162,406 $ 283,462 $ 1,104,407 2,550,275Add: Interest receivable 10,334Add: Unearned fee incom (18,853)$2,541,756Business &Personal Government 2008Mortgages Loans Loans TotalPerforming loans (Note 26) $1,062,936 $ 277,865 $ 1,069,163 $2,409,964Impaired loans (Note 26) 94,725 40,345 65,783 200,853Gross loans 1,157,661 318,210 1,134,946 2,610,817Less: Provisions for impairment (12,908) (21,790) (30,122) (64,820)$1,144,753 $296,420 $1,104,824 2,545,997Add: Interest receivable 12,231Add: Unearned fee income (19,156)Movement in provisions for impairment for 2009 is as follows:$2,539,072Business &Personal Government 2009Mortgages Loans Loans TotalBalance, beginning of year $ 12,908 $ 21,790 $ 30,122 $ 64,820Identified impairment (428) 2,916 15,919 18,407Unidentified impairment (78) (466) 656 112Recoveries of bad anddoubtful debts – 1,451 151 1,602Bad debts written off (1,106) (7,588) (922) (9,616)Balance, end of year $ 11,296 $ 18,103 $ 45,926 $ 75,32539