Dec 1 (Reuters) - Bank of Montreal BMO.TO :
* BMO'S CURRENT ALLOWANCE LEVEL ENOUGH TO COVER IMPAIRED LOAN LOSSES IN THE COMING YEAR - CONF CALL
* BMO SAYS 88% OF CANADIAN, 80% OF U.S. CONSUMER LOAN DEFERRALS HAVE EXPIRED, LITTLE MORE THAN 2% IN DELINQUENCY/DEFAULT - CONF CALL
* BMO SAYS ABOUT 94% OF BUSINESS LOAN DEFERRALS HAVE EXPIRED, ABOUT 2% OF THOSE IN DELINQUENCY/DEFAULT - CONF CALL