Note 7 - Losses
| Parent Bank (NOKm) | 1 Jan 23 | Change in provision | Net write-offs /recoveries | 31 Mar 23 |
| Loans as amortised cost- CM | 921 | -93 | - | 828 |
| Loans as amortised cost- RM | 35 | 7 | -3 | 39 |
| Loans at fair value over OCI- RM | 147 | -1 | - | 146 |
| Loans at fair value over OCI- CM | 2 | 0 | - | 2 |
| Provision for expected credit losses on loans and guarantees | 1,106 | -87 | -3 | 1,015 |
| Presented as | ||||
| Provision for loan losses | 999 | -109 | -3 | 887 |
| Other debt- provisons | 67 | 17 | - | 83 |
| Other comprehensive income - fair value adjustment | 40 | 5 | - | 45 |
| Parent Bank (NOKm) | 1 Jan 22 | Change in provision | Net write-offs /recoveries | 31 Mar 22 |
| Loans as amortised cost- CM | 1,298 | -13 | -149 | 1,137 |
| Loans as amortised cost- RM | 31 | 6 | -4 | 32 |
| Loans at fair value over OCI- RM | 128 | -11 | - | 116 |
| Loans at fair value over OCI- CM | 1 | -0 | - | 1 |
| Provision for expected credit losses on loans and guarantees | 1,458 | -18 | -153 | 1,286 |
| Presented as | ||||
| Provision for loan losses | 1,348 | -10 | -153 | 1,185 |
| Other debt- provisons | 79 | -7 | - | 71 |
| Other comprehensive income - fair value adjustment | 31 | -1 | - | 30 |
| Parent Bank (NOKm) | 1 Jan 22 | Change in provision | Net write-offs /recoveries | 31 Dec 22 |
| Loans as amortised cost- CM | 1,298 | -98 | -278 | 921 |
| Loans as amortised cost- RM | 31 | 10 | -5 | 35 |
| Loans at fair value over OCI- RM | 128 | 19 | - | 147 |
| Loans at fair value over OCI- CM | 1 | 1 | - | 2 |
| Provision for expected credit losses on loans and guarantees | 1,458 | -68 | -284 | 1,106 |
| Presented as | ||||
| Provision for loan losses | 1,348 | -65 | -284 | 999 |
| Other debt- provisons | 79 | -12 | - | 67 |
| Other comprehensive income - fair value adjustment | 31 | 9 | - | 40 |
| Group (NOKm) | 1 Jan 23 | Change in provision | Net write-offs /recoveries | 31 Mar 23 |
| Loans as amortised cost- CM | 976 | -91 | - | 885 |
| Loans as amortised cost- RM | 63 | 9 | -3 | 69 |
| Loans at fair value over OCI- RM | 147 | -1 | - | 146 |
| Loans at fair value over OCI- CM | 2 | 0 | - | 2 |
| Provision for expected credit losses on loans and guarantees | 1,188 | -83 | -3 | 1,101 |
| Presented as | ||||
| Provision for loan losses | 1,081 | -105 | -3 | 973 |
| Other debt- provisons | 67 | 17 | - | 83 |
| Other comprehensive income - fair value adjustment | 40 | 5 | - |
| Group (NOKm) | 1 Jan 22 | Change in provision | Net write-offs /recoveries | 31 Mar 22 |
| Loans as amortised cost- CM | 1,343 | -12 | -149 | 1,182 |
| Loans as amortised cost- RM | 49 | 7 | -4 | 51 |
| Loans at fair value over OCI- RM | 128 | -11 | - | 116 |
| Loans at fair value over OCI- CM | 1 | -0 | - | 1 |
| Provision for expected credit losses on loans and guarantees | 1,520 | -17 | -153 | 1,351 |
| Presented as | ||||
| Provision for loan losses | 1,410 | -8 | -153 | 1,249 |
| Other debt- provisons | 79 | -7 | - | 71 |
| Other comprehensive income - fair value adjustment | 31 | -1 | - | 30 |
| Group (NOKm) | 1 Jan 22 | Change in provision | Net write-offs /recoveries | 31 Dec 22 |
| Loans as amortised cost- CM | 1,343 | -88 | -280 | 976 |
| Loans as amortised cost- RM | 49 | 19 | -5 | 63 |
| Loans at fair value over OCI- RM | 128 | 19 | - | 147 |
| Loans at fair value over OCI- CM | 1 | 1 | - | 2 |
| Provision for expected credit losses on loans and guarantees | 1,520 | -48 | -285 | 1,188 |
| Presented as | ||||
| Provision for loan losses | 1,410 | -45 | -285 | 1,081 |
| Other debt- provisons | 79 | -12 | - | 67 |
| Other comprehensive income - fair value adjustment | 31 | 9 | - | 40 |
| Accrual for losses on loans | ||||||||||||
| 31 Mar 2023 | 31 Mar 2022 | 31 Dec 2022 | ||||||||||
| Parent Bank (NOKm) | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total |
| Retail market | ||||||||||||
| Opening balance | 46 | 93 | 42 | 181 | 39 | 82 | 36 | 156 | 39 | 82 | 36 | 156 |
| Transfer to (from) stage 1 | 20 | -20 | -0 | - | 15 | -15 | -0 | - | 18 | -18 | -0 | - |
| Transfer to (from) stage 2 | -3 | 3 | -0 | - | -2 | 2 | -0 | - | -2 | 2 | -0 | - |
| Transfer to (from) stage 3 | -0 | -5 | 5 | - | -0 | -5 | 5 | - | -0 | -6 | 6 | - |
| Net remeasurement of loss allowances | -21 | 18 | 5 | 2 | -16 | 12 | 0 | -4 | -24 | 20 | 7 | 4 |
| Originations or purchases | 8 | 2 | 1 | 11 | 5 | 4 | 1 | 10 | 17 | 24 | 4 | 45 |
| Derecognitions | -6 | -9 | -3 | -18 | -3 | -8 | -2 | -13 | -12 | -24 | -3 | -39 |
| Changes due to changed input assumptions | 6 | 7 | -4 | 9 | -0 | 2 | -2 | 0 | 9 | 13 | -2 | 20 |
| Actual loan losses | 0 | 0 | -3 | -3 | - | - | -4 | -4 | 0 | 0 | -5 | -5 |
| Closing balance | 51 | 89 | 43 | 182 | 38 | 74 | 34 | 146 | 46 | 93 | 42 | 181 |
| Corporate Market | ||||||||||||
| Opening balance | 138 | 298 | 421 | 858 | 84 | 268 | 871 | 1,223 | 84 | 268 | 871 | 1,223 |
| Transfer to (from) stage 1 | 28 | -27 | -0 | - | 20 | -20 | -0 | - | 75 | -74 | -1 | - |
| Transfer to (from) stage 2 | -4 | 14 | -10 | - | -2 | 2 | - | - | -5 | 97 | -92 | - |
| Transfer to (from) stage 3 | -1 | -2 | 3 | - | -1 | -3 | 4 | - | -1 | -3 | 4 | - |
| Net remeasurement of loss allowances | -31 | -56 | -20 | -107 | 38 | 19 | -12 | 45 | -67 | -35 | -66 | -168 |
| Originations or purchases | 18 | 1 | - | 19 | 25 | 8 | 2 | 35 | 49 | 34 | 4 | 87 |
| Derecognitions | -13 | -15 | -3 | -32 | -6 | -10 | -15 | -31 | -33 | -31 | -24 | -88 |
| Changes due to changed input assumptions | 7 | 5 | - | 12 | -55 | -6 | 6 | -54 | 37 | 41 | 4 | 83 |
| Actual loan losses | - | - | - | - | - | - | -149 | -149 | - | - | -278 | -278 |
| Closing balance | 141 | 218 | 391 | 750 | 104 | 258 | 708 | 1,069 | 138 | 298 | 421 | 858 |
| Total accrual for loan losses | 192 | 306 | 434 | 932 | 142 | 332 | 741 | 1,215 | 184 | 391 | 463 | 1,039 |
| 31 Mar 2023 | 31 Mar 2022 | 31 Dec 2022 | ||||||||||
| Group (NOKm) | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total |
| Retail market | ||||||||||||
| Opening balance | 55 | 107 | 47 | 209 | 45 | 89 | 40 | 174 | 45 | 89 | 40 | 174 |
| Transfer to (from) stage 1 | 21 | -21 | -0 | - | 16 | -16 | -0 | - | 20 | -20 | -0 | - |
| Transfer to (from) stage 2 | -3 | 3 | -0 | - | -2 | 2 | -0 | - | -3 | 3 | -1 | - |
| Transfer to (from) stage 3 | -0 | -6 | 6 | - | -0 | -5 | 5 | - | -0 | -7 | 7 | - |
| Net remeasurement of loss allowances | -21 | -21 | -6 | 7 | -16 | 15 | 1 | -1 | -24 | 25 | 8 | 9 |
| Originations or purchases | 10 | 2 | 1 | 13 | 7 | 5 | 1 | 12 | 22 | 30 | 4 | 56 |
| Derecognitions | -6 | -10 | -3 | -19 | -4 | -8 | -2 | -14 | -13 | -26 | -4 | -43 |
| Changes due to changed input assumptions | 5 | 5 | -4 | 6 | -1 | 2 | -3 | -2 | 8 | 13 | -3 | 18 |
| Actual loan losses | - | - | -3 | -3 | - | - | -4 | -4 | - | - | -5 | -5 |
| Closing balance | 60 | 103 | 49 | 212 | 45 | 82 | 38 | 165 | 55 | 107 | 47 | 209 |
| Corporate Market | ||||||||||||
| Opening balance | 151 | 311 | 450 | 912 | 94 | 278 | 896 | 1,268 | 94 | 278 | 896 | 1,268 |
| Transfer to (from) stage 1 | 29 | -28 | -0 | - | 21 | -21 | -0 | - | 77 | -76 | -1 | - |
| Transfer to (from) stage 2 | -5 | 15 | -10 | - | -2 | 2 | -0 | - | -7 | 99 | -92 | - |
| Transfer to (from) stage 3 | -1 | -3 | 4 | - | -1 | -3 | 4 | - | -2 | -3 | 4 | - |
| Net remeasurement of loss allowances | -29 | -53 | -19 | -101 | 39 | 20 | -11 | 48 | -68 | -30 | -47 | -145 |
| Originations or purchases | 2 | 0 | 1 | 3 | 27 | 8 | 2 | 37 | 55 | 35 | 5 | 95 |
| Derecognitions | -14 | -16 | -3 | -33 | -6 | -11 | -16 | -33 | -34 | -33 | -26 | -93 |
| Changes due to changed input assumptions | 7 | 4 | -6 | 5 | -55 | -7 | 6 | -56 | 35 | 40 | -8 | 67 |
| Actual loan losses | - | - | - | - | - | - | -149 | -149 | - | - | -280 | -280 |
| Closing balance | 158 | 231 | 417 | 806 | 115 | 268 | 732 | 1,115 | 151 | 311 | 450 | 912 |
| Total accrual for loan losses | 219 | 334 | 465 | 1,018 | 160 | 350 | 770 | 1,279 | 206 | 418 | 497 | 1,121 |
| Accrual for losses on guarantees and unused credit lines | ||||||||||||
| 31 Mar 2023 | 31 Mar 2022 | 31 Dec 2022 | ||||||||||
| Parent Bank and Group (NOKm) | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total |
| Opening balance | 24 | 34 | 9 | 67 | 19 | 55 | 5 | 79 | 19 | 55 | 5 | 79 |
| Transfer to (from) stage 1 | 1 | -1 | -0 | - | 1 | -1 | -0 | - | 16 | -16 | -0 | - |
| Transfer to (from) stage 2 | -0 | 0 | -0 | - | -0 | 0 | -0 | - | -1 | 1 | -0 | - |
| Transfer to (from) stage 3 | -0 | -0 | 0 | - | -0 | -0 | 0 | - | -0 | -0 | 1 | - |
| Net remeasurement of loss allowances | -4 | 11 | 4 | 12 | 2 | -5 | 0 | -2 | -16 | -3 | 3 | -15 |
| Originations or purchases | - | - | - | - | 5 | 1 | 0 | 6 | 12 | 6 | 0 | 18 |
| Derecognitions | -1 | -3 | -0 | -4 | -1 | -5 | -0 | -6 | -4 | -12 | -0 | -16 |
| Changes due to changed input assumptions | 2 | -4 | - | -2 | -5 | -1 | 0 | -5 | -3 | 3 | 0 | 1 |
| Actual loan losses | - | - | - | - | - | - | - | - | - | - | - | - |
| Closing balance | 31 | 39 | 13 | 83 | 21 | 45 | 5 | 71 | 24 | 34 | 9 | 67 |
| Of which | ||||||||||||
| Retail market | 3 | 3 | 1 | |||||||||
| Corporate Market | 81 | 68 | 66 | |||||||||
| Provision for credit losses specified by industry | ||||||||||||
| 31 Mar 2023 | 31 Mar 2022 | 31 Dec 2022 | ||||||||||
| Parent Bank (NOKm) | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total |
| Agriculture and forestry | 3 | 33 | 18 | 54 | 2 | 31 | 8 | 41 | 4 | 38 | 18 | 60 |
| Fisheries and hunting | 13 | 8 | - | 21 | 9 | 10 | 0 | 19 | 11 | 12 | 0 | 23 |
| Sea farming industries | 2 | 1 | 1 | 4 | 1 | 0 | 1 | 2 | 3 | 1 | 1 | 5 |
| Manufacturing | 9 | 39 | 5 | 53 | 5 | 31 | 11 | 47 | 9 | 47 | 2 | 58 |
| Construction, power and water supply | 39 | 12 | 6 | 57 | 13 | 14 | 8 | 35 | 26 | 22 | 11 | 59 |
| Retail trade, hotels and restaurants | 9 | 20 | 14 | 42 | 10 | 28 | 11 | 49 | 16 | 14 | 1 | 32 |
| Maritime sector | 12 | 20 | 0 | 32 | 22 | 109 | 409 | 539 | 19 | 117 | 184 | 320 |
| Property management | 1 | 3 | 12 | 16 | 24 | 45 | 30 | 99 | 34 | 55 | 28 | 117 |
| Business services | 44 | 86 | 195 | 324 | 14 | 14 | 221 | 249 | 13 | 24 | 177 | 214 |
| Transport and other services | 15 | 37 | 158 | 210 | 7 | 8 | 18 | 33 | 9 | 11 | 16 | 36 |
| Public administration | 0 | - | - | 0 | 0 | - | - | 0 | 0 | 0 | 0 | 0 |
| Other sectors | 0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 |
| Wage earners | 0 | 49 | 25 | 74 | 3 | 42 | 25 | 70 | 1 | 50 | 25 | 75 |
| Total provision for losses on loans | 146 | 306 | 434 | 887 | 111 | 332 | 741 | 1,185 | 144 | 391 | 463 | 999 |
| loan loss allowance on loans at FVOCI | 45 | 45 | 30 | 30 | 40 | 40 | ||||||
| Total loan loss allowance | 192 | 306 | 434 | 932 | 142 | 332 | 741 | 1,215 | 184 | 391 | 463 | 1,039 |
| 31 Mar 2023 | 31 Mar 2022 | 31 Dec 2022 | ||||||||||
| Group (NOKm) | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total | Stage 1 | Stage 2 | Stage 3 | Total |
| Agriculture and forestry | 4 | 35 | 19 | 58 | 3 | 32 | 9 | 44 | 5 | 40 | 19 | 64 |
| Fisheries and hunting | 13 | 8 | 0 | 21 | 9 | 10 | 0 | 19 | 11 | 12 | 0 | 23 |
| Sea farming industries | 4 | 1 | 1 | 6 | 2 | 1 | 1 | 4 | 4 | 1 | 4 | 9 |
| Manufacturing | 13 | 43 | 11 | 67 | 8 | 34 | 16 | 57 | 11 | 50 | 8 | 70 |
| Construction, power and water supply | 43 | 15 | 12 | 69 | 16 | 16 | 11 | 44 | 30 | 25 | 16 | 71 |
| Retail trade, hotels and restaurants | 10 | 21 | 15 | 46 | 12 | 28 | 19 | 59 | 17 | 15 | 2 | 34 |
| Maritime sector | 12 | 20 | 0 | 32 | 22 | 109 | 409 | 539 | 19 | 117 | 184 | 320 |
| Property management | 1 | 3 | 13 | 17 | 25 | 45 | 30 | 100 | 35 | 55 | 29 | 118 |
| Business services | 46 | 87 | 203 | 336 | 15 | 16 | 225 | 256 | 15 | 25 | 184 | 224 |
| Transport and other services | 18 | 42 | 162 | 222 | 10 | 10 | 21 | 41 | 12 | 16 | 21 | 49 |
| Public administration | 0 | - | - | 0 | 0 | - | - | 0 | 0 | 0 | 0 | 0 |
| Other sectors | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 |
| Wage earners | 8 | 61 | 30 | 99 | 8 | 49 | 29 | 86 | 8 | 61 | 29 | 99 |
| Total provision for losses on loans | 173 | 334 | 465 | 973 | 130 | 350 | 770 | 1,249 | 166 | 418 | 497 | 1,081 |
| loan loss allowance on loans at FVOCI | 45 | 45 | 30 | 30 | 40 | 40 | ||||||
| Total loan loss allowance | 219 | 334 | 465 | 1,018 | 160 | 350 | 770 | 1,279 | 206 | 418 | 497 | 1,121 |
