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Though its capital ratio looks respectable, payments are late on half of its lending book.
Of the £970m, £288m were from the core lending book and £682m from the non-core book.
Wells Fargo, another bank with a large consumer lending book, on Wednesday announced fourth-quarter net income of $2.8 billion, or 8 cents a share, compared with a loss of $2.7 billion a year earlier.
Since being taken over by the parent bank last October, the troubled lending book has fallen by £1.2bn to £4.4bn.
It has been seen as a drag on the Australian lender's performance, with the parent company taking on a troubled commercial lending book worth £5.6bn in order to strengthen the subsidiary.
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Ms. Dick recalls wide-ranging, universe-spanning conversations, and lending books to her autodidact husband.
Most of the discussion assumed that lending books was what libraries are for.
He predicts there will be further bad debts on their lending books and the need for more capital injections.
If we view the library as purely a function of lending books this is indeed the case.
Despite the advice of French writer Anatole France – "Never lend books, for no one ever returns them; the only books I have in my library are books that other people have lent me" – publishers recognise that many readers enjoy lending books to their friends once they have finished them.
Mr. Whitman, who had called himself a frustrated novelist, poured his energy into selling and lending books and moving in literary circles.
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