PNC Bank 2005 Annual Report Download - page 116

116
LOANS OUTSTANDING
December 31
-
in millions
2005
2004
2003
2002
2001
Commercial $19,325 $17,438 $15,082 $14,987 $15,205
Commercial real estate 3,162 1,980 1,824 2,267 2,372
Consumer 16,173 15,606 11,855 9,854 9,164
Residential mortgage 7,307 4,772 2,886 3,921 6,395
Lease financing 3,628 4,096 5,147 5,081 5,557
Other 341 505 518 415 445
Total loans
49,936
44,397
37,312
36,525
39,138
Unearned income (835) (902) (1,009) (1,075) (1,164)
Total loans, net of unearned income (a) $49,101 $43,495 $36,303 $35,450 $37,974
(a) Includes $2.3 billion at December 31, 2004 and $2.2 billion at December 31, 2003 related to Market Street, which was deconsolidated effective October 17, 2005.
NONPERFORMING ASSETS AND RELATED INFORMATION
December 31 - dollars in millions 2005 2004 2003 2002 2001
Nonaccrual loans
Commercial $134 $89 $213 $226 $188
Lease financing 17 5 11 57 11
Commercial real estate 14 14 6 7 4
Consumer 10 11 11 11 3
Residential mortgage 15 21 24 7 5
Total nonaccrual loans $190 $140 $265 $308 $211
Troubled debt restructured loan 3 1 1
Total nonperforming loans 190 143 266 309 211
Nonperforming loans held for sale (a) 1 3 27 97 169
Foreclosed and other assets
Lease 13 14 17
Residential mortgage 9 10 9 6 3
Commercial real estate 1
Other 3 5 9 6 7
Total foreclosed and other assets
25
29
35
12
11
Total nonper
forming assets
(b)
$216
$175
$328
$418
$391
Nonperforming loans to total loans .39% .33% .73% .87% .56%
Nonperforming assets to total loans, loans held
for sale and foreclosed assets .42 .39 .87 1.13 .93
Nonperforming assets to total assets .23 .22 .48 .63 .56
Interest on nonperforming loans
Computed on original terms $16 $11 $29 $23 $27
Recognized 5 2 5 10 10
Past due loans
Accruing loans past due 90 days or more $46 $49 $57 $115 $159
As a percentage of total loans .09% .11% .16% .32% .42%
Past due loans held for sale
Accruing loans held for sale past due 90
days or more $47 $9 $6 $32 $33
As a percentage of total loans held for sale 1.92% .54% .43% 1.99% .79%
(a) Includes $1 million, $2 million, $10 million, $17 million and $6 million of troubled debt restructured loans held for sale at December 31, 2005, 2004, 2003, 2002 and 2001,
respectively.
(b) Excludes equity management assets that are carried at estimated fair value of $25 million (including $7 million of troubled debt restructured assets) at December 31, 2005, $32
million (including $11 million of troubled debt restructured assets) at December 31, 2004, $37 million (including $5 million of troubled debt restructured assets) at December 31,
2003, $40 million (including $12 million of troubled debt restructured assets) at December 31, 2002 and $18 million at December 31, 2001.
.