Note 8 - Defaults
| Parent bank | Group | |||||
| 2012 | 31 Mar 2012 | 31 Mar 2013 | 31 Mar 2013 | 31 Mar 2012 | 2012 | |
| Total defaults | ||||||
| 298 | 265 | 316 | Loans in default for more than 90 days *) | 388 | 318 | 374 |
| 72 | 87 | 61 | - individual write-downs | 71 | 94 | 83 |
| 226 | 178 | 255 | Net defaults | 317 | 224 | 291 |
| 24 % | 33 % | 19 % | Provision rate | 18 % | 30 % | 22 % |
| Problem Loans | ||||||
| 119 | 154 | 138 | Problem loans (not in default) | 160 | 183 | 143 |
| 57 | 55 | 67 | - individual write-downs | 72 | 70 | 62 |
| 63 | 99 | 71 | Net problem loans | 87 | 113 | 81 |
| 48 % | 36 % | 49 % | Provision rate | 45 % | 38 % | 43 % |
| *) The defaults that relates to loans in the guarantee portfolio taken over from BN Bank ASA accounts for a total of NOK 0.1m per Q1 2013. | ||||||
| Any default in this portfolio will not entail loss for SpareBank 1 SMN. | ||||||
