PNC Bank 2001 Annual Report Download - page 65

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CONSOLIDATED BALANCE SHEET
THE PNC FINANCIAL SERVICES GROUP, INC.
63
December 31
In millions, except par value 2001 2000
ASSET
S
Cash and due from banks $4,327 $3,662
Short-term investments 1,335 1,151
Loans held for sale 4,189 1,655
Securities 13,908 5,902
Loans, net of unearned income of $1,164 and $999 37,974 50,601
Allowance for credit losses (630) (675)
Net loans 37,344 49,926
Goodwill and other amortizable assets 2,373 2,468
Investment in discontinued o
p
erations 356
Othe
r
6,092 4,724
T
otal assets $69,568 $69,844
LIABILITIES
De
p
osits
Noninterest-bearin
g
$10,124 $8,490
Interest-bearin
g
37,180 39,174
T
otal de
p
osits 47,304 47,664
Borrowed funds
Federal funds
p
urchased 167 1,445
Re
p
urchase a
g
reements 954 607
Bank notes and senior deb
t
6,362 6,110
Federal Home Loan Bank borrowin
g
s2,047 500
Subordinated deb
t
2,298 2,407
Other borrowed funds 262 649
T
otal borrowed funds 12,090 11,718
Othe
r
3,333 2,849
T
otal liabilities 62,727 62,231
Minority interes
t
170 109
Mandatorily redeemable ca
p
ital securities of subsidiary trusts 848 848
S
HAREHOLDERS’
E
QUITY
Preferred stock 17
Common stock - $5
p
ar value
Authorized 800 and 450 shares
Issued 353 shares 1,764 1,764
Ca
p
ital sur
p
lus 1,077 1,303
Retained earnin
g
s6,549 6,736
Deferred benefit ex
p
ense (16) (25)
Accumulated other com
p
rehensive income (loss) from continuin
g
o
p
erations 5(43)
Accumulated other com
p
rehensive loss from discontinued o
p
erations (45)
Common stock held in treasury at cost: 70 and 63 shares (3,557) (3,041)
T
otal shareholders’ e
q
uit
y
5,823 6,656
T
otal liabilities, minorit
y
interest, ca
p
ital securities and shareholders’ e
q
uit
y
$69,568 $69,844
See accompanying Notes to Consolidated Financial Statements.