PNC Bank 2000 Annual Report Download - page 90

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87
AN A LY S I S O F YE A R -T O - Y E A R CH A N G E S I N NE T IN T E R E S T IN C O M E
2000/1999 1999/1998
Increase/(Decrease) in Income/Expense Increase/(Decrease) in Income/Expense
Due to Changes in: Due to Changes in:
Taxable-equivalent basis - in millions Volume Rate Total Volume Rate Total
IN T E R E S T - EA R N I N G AS S E T S
Loans held for sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $90 $10 $100 $71 $2 $73
Securities available for sale
U.S. Treasury, government agencies
and corporations . . . . . . . . . . . . . . . . . . . . . . . . . . . (12) 8 (4) (93) (7) (100)
Other debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 10 29 96 (2) 94
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (7) 5 (2) 8 (2) 6
Total securities available for sale . . . . . . . . . . . . . . . (1) 24 23 (3) 3
Loans, net of unearned income
Consumer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (96) 43 (53) (64) (32) (96)
Credit card . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (100) (100) (471) 33 (438)
Residential mortgage . . . . . . . . . . . . . . . . . . . . . . . . . 25 16 41 (12) (29) (41)
Commercial . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (112) 159 47 25 (27) (2)
Commercial real estate . . . . . . . . . . . . . . . . . . . . . . . . (58) 33 (25) 7 (19) (12)
Lease financing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 5 53 38 1 39
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 5 15 25 1 26
Total loans, net of unearned income . . . . . . . . . . . . . (221) 199 (22) (228) (296) (524)
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 30 44 7 (1) 6
Total interest-earning assets . . . . . . . . . . . . . . . . . . . . (108) 253 $145 (138) (307) $(445)
IN T E R E S T - B E A R I N G LI A B I L I T I E S
Interest-bearing deposits
Demand and money market . . . . . . . . . . . . . . . . . . . . . 56 109 $165 78 (24) $54
Savings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (6) 3 (3) (4) (8) (12)
Retail certificates of deposit . . . . . . . . . . . . . . . . . . . . 22 96 118 (61) (57) (118)
Other time . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (56) 11 (45) (15) (3) (18)
Deposits in foreign offices . . . . . . . . . . . . . . . . . . . . . . 36 13 49 (4) (4) (8)
Total interest-bearing deposits . . . . . . . . . . . . . . . . . 63 221 284 37 (139) (102)
Borrowed funds
Federal funds purchased . . . . . . . . . . . . . . . . . . . . . . . 27 24 51 (45) (10) (55)
Repurchase agreements . . . . . . . . . . . . . . . . . . . . . . . 8 6 14 (8) (3) (11)
Bank notes and senior debt . . . . . . . . . . . . . . . . . . . . . (119) 93 (26) (116) (32) (148)
Federal Home Loan Bank borrowings . . . . . . . . . . . . . (49) 12 (37) 49 (4) 45
Other borrowed funds . . . . . . . . . . . . . . . . . . . . . . . . . 7 11 18 (26) (14) (40)
Subordinated debt . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 (1) 25 19 (5) 14
Total borrowed funds . . . . . . . . . . . . . . . . . . . . . . . . (103) 148 45 (140) (55) (195)
Total interest-bearing liabilities . . . . . . . . . . . . . . . . . . (5) 334 $329 (74) (223) $(297)
Change in net interest income . . . . . . . . . . . . . . . . . . . (53) (131) $(184) (69) (79) $(148)
Changes attributable to rate/volume are prorated into rate and volume components.