Note 8 - Defaults
| Parent bank | Group | |||||
| 31 Dec 2013 | 31 Mar 2013 | 31 Mar 2014 | (NOKm) | 31 Mar 2014 | 31 Mar 2013 | 31 Dec 2013 |
| Total defaults | ||||||
| 311 | 316 | 205 | Loans in default for more than 90 days *) | 263 | 388 | 386 |
| 73 | 61 | 51 | - individual write-downs | 59 | 71 | 87 |
| 238 | 255 | 155 | Net defaults | 205 | 317 | 299 |
| 24 % | 19 % | 25 % | Provision rate | 22 % | 18 % | 23 % |
| Problem Loans | ||||||
| 146 | 138 | 213 | Problem loans (not in default) | 231 | 160 | 157 |
| 76 | 67 | 105 | - individual write-downs | 114 | 72 | 86 |
| 70 | 71 | 108 | Net problem loans | 117 | 87 | 71 |
| 52 % | 49 % | 49 % | Provision rate | 49 % | 45 % | 55 % |
| *) There are no defaults that relates to loans in the guarantee portfolio taken over from BN Bank per Q1. | ||||||
| Any default in this portfolio will not entail loss for SpareBank 1 SMN. | ||||||
