7.3 billion - Citigroup

Corporate Loans Credit Quality Indicators at March 31,2012 and December 31, 2011Recorded investment in loans (1)In millions of dollarsMarch 31,2012December 31,2011Investment grade (2)Commercial and industrial $ 69,895 $ 67,919Financial institutions 56,658 53,482Mortgage and real estate 11,767 10,068Leases 1,202 1,161Other 22,591 24,129Total investment grade $162,113 $156,759Non-investment grade (2)AccrualCommercial and industrial $ 34,296 $ 31,172Financial institutions 9,628 7,282Mortgage and real estate 3,477 3,672Leases 631 664Other 2,442 4,462Non-accrualCommercial and industrial 1,228 1,144Financial institutions 615 779Mortgage and real estate 942 1,029Leases 11 13Other 177 271Total non-investment grade $ 53,447 $ 50,488Private Banking loans managed on adelinquency basis (2) $ 12,929 $ 12,716Loans at fair value 3,430 3,939Corporate loans, net of unearnedincome $231,919 $223,902Corporate loans and leases identified as impaired andplaced on non-accrual status are written down to the extent thatprincipal is judged to be uncollectible. Impaired collateraldependentloans and leases, where repayment is expected to beprovided solely by the sale of the underlying collateral and thereare no other available and reliable sources of repayment, arewritten down to the lower of cost or collateral value, less cost tosell. Cash-basis loans are returned to an accrual status when allcontractual principal and interest amounts are reasonablyassured of repayment and there is a sustained period ofrepayment performance, generally six months, in accordancewith the contractual terms of the loan.(1) Recorded investment in a loan includes net deferred loan fees and costs,unamortized premium or discount, less any direct write-downs.(2) Held-for-investment loans accounted for on an amortized cost basis.124CITIGROUP – 2012 FIRST QUARTER 10-Q