PNC Bank 2000 Annual Report Download - page 89

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SE L E C T E D QU A R T E R L Y FI N A N C I A L DA TA
Quarter ended – dollars in millions, 2000 1999
except per share data Fourth Third Second First Fourth Third Second First
SU M M A R Y O F OP E R AT I O N S
Interest income . . . . . . . . . . . . . . . $ 1 , 1 9 0 $ 1 , 2 0 1 $ 1 , 1 8 0 $ 1 , 1 6 1 $1,137 $1,125 $1,116 $1,205
Interest expense . . . . . . . . . . . . . . . 6 5 7 6 7 0 6 3 5 6 0 6 575 552 540 572
Net interest income . . . . . . . . . . . . 5 3 3 5 3 1 5 4 5 5 5 5 562 573 576 633
Provision for credit losses . . . . . . . . 4 0 3 0 3 5 3 1 30 30 25 78
Noninterest income before net
securities gains (losses) . . . . . . . . 7 1 9 6 9 3 7 2 8 7 3 1 647 569 547 665
Net securities gains (losses) . . . . . . 1 6 7 ( 3 ) (22) 2 42
Noninterest expense . . . . . . . . . . . . 7 5 2 7 4 7 7 8 0 7 9 2 753 656 684 750
Income from continuing operations
before income taxes . . . . . . . . . . 4 7 6 4 5 4 4 5 8 4 6 0 404 458 456 470
Income taxes . . . . . . . . . . . . . . . . . 1 6 2 1 5 5 1 5 9 1 5 8 117 159 154 156
Income from continuing
operations . . . . . . . . . . . . . . . . . 3 1 4 2 9 9 2 9 9 3 0 2 287 299 302 314
Income from discontinued
operations . . . . . . . . . . . . . . . . . 2 0 2 3 1 6 6 17 21 13 11
Net income . . . . . . . . . . . . . . . . . . $ 3 3 4 $ 3 2 2 $ 3 1 5 $ 3 0 8 $304 $320 $315 $325
PE R CO M M O N SH A R E DA TA
Book value . . . . . . . . . . . . . . . . . . . $ 2 1 . 8 8 $ 2 1 . 0 1 $ 2 0 . 2 2 $ 1 9 . 6 8 $19.23 $18.90 $18.40 $18.78
Basic earnings
Continuing operations . . . . . . . . . 1 . 0 7 1 . 0 2 1 . 0 1 1 . 0 2 .96 1.00 1.00 1.02
Discontinued operations . . . . . . . . 0 7 . 0 8 . 0 6 . 0 2 .06 .07 .04 .04
Net income . . . . . . . . . . . . . . . . . 1 . 1 4 1 . 1 0 1 . 0 7 1 . 0 4 1.02 1.07 1.04 1.06
Diluted earnings
Continuing operations . . . . . . . . . 1 . 0 6 1 . 0 1 1 . 0 1 1 . 0 1 .95 .99 .99 1.01
Discontinued operations . . . . . . . . 0 7 . 0 8 . 0 5 . 0 2 .06 .07 .04 .04
Net income . . . . . . . . . . . . . . . . . 1 . 1 3 1 . 0 9 1 . 0 6 1 . 0 3 1.01 1.06 1.03 1.05
Diluted cash earnings (a)
Continuing operations . . . . . . . . . 1 . 1 6 1 . 1 1 1 . 1 0 1 . 1 1 1.03 1.05 1.06 1.07
Discontinued operations . . . . . . . . 0 6 . 0 8 . 0 6 . 0 2 .06 .07 .04 .04
Net income . . . . . . . . . . . . . . . . . 1 . 2 2 1 . 1 9 1 . 1 6 1 . 1 3 1.09 1.12 1.10 1.11
AV E R A G E BA L A N C E SH E E T
Assets . . . . . . . . . . . . . . . . . . . . . . $ 6 8 , 9 5 3 $ 6 9 , 0 9 8 $ 6 9 , 1 0 5 $ 6 8 , 7 5 6 $67,609 $67,054 $68,499 $70,334
Securities available for sale . . . . . . 5 , 9 2 8 6 , 1 7 9 6 , 0 0 9 6 , 1 2 8 6,351 6,386 6,495 5,086
Loans, net of unearned income . . . . 4 9 , 9 2 8 4 9 , 9 5 1 5 0 , 2 2 9 4 9 , 9 6 6 50,716 51,445 52,439 56,596
Deposits . . . . . . . . . . . . . . . . . . . . 3 8 , 6 6 0 3 7 , 6 7 1 3 7 , 1 8 3 3 6 , 5 5 5 35,363 35,820 35,530 36,161
Borrowed funds . . . . . . . . . . . . . . . 1 1 , 7 3 8 1 3 , 5 1 8 1 4 , 4 2 2 1 5 , 3 3 3 15,341 14,903 15,343 16,294
Shareholders' equity . . . . . . . . . . . . 6 , 4 2 5 6 , 1 8 5 6 , 0 0 5 5 , 9 2 7 5,904 5,732 5,873 5,975
(a) Excluding amortization of goodwill
86
STAT I S T I C A L IN F O R M AT I O N
The PNC Financial Services Group, Inc.