PNC Bank 2005 Annual Report Download - page 66

CONSOLIDATED BALANCE SHEET
THE PNC FINANCIAL SERVICES GROUP, INC.
In millions, except par value 2005 2004
Assets
Cash and due from banks $3,518 $3,230
Federal funds sold and resale agreements 350 1,635
Other short-term investments, including trading securities 2,543 1,848
Loans held for sale 2,449 1,670
Securities available for sale and held to maturity 20,710 16,761
Loans, net of unearned income of $835 and $902
49,101
43,495
Allowance for loan and lease losses (596) (607)
Net loans 48,505 42,888
Goodwill 3,606 3,001
Other intangible assets 860 354
Other 9,413 8,336
Total assets
$91,954
$79,723
Liabilities
Deposits
Noninterest-bearing $14,988 $12,915
Interest-bearing 45,287 40,354
Total deposits 60,275 53,269
Borrowed funds
Federal funds purchased 4,128 219
Repurchase agreements 1,691 1,376
Bank notes and senior debt 3,875 2,383
Subordinated debt 4,469 4,050
Commercial paper 10 2,251
Other borrowed funds 2,724 1,685
Total borrowed funds 16,897 11,964
Allowance for unfunded loan commitments and letters of credit
100
75
Accrued expenses
2,770
2,406
Other 2,759 4,032
Total liabilities 82,801 71,746
Minority and noncontrolling interests in consolidated entities 590 504
Shareholders’ Equity
Preferred stock (a)
Common stock - $5 par value
Authorized 800 shares, issued 353 shares 1,764 1,764
Capital surplus 1,358 1,265
Retained earnings 9,023 8,273
Deferred compensation expense (59) (51)
Accumulated other comprehensive loss (267) (54)
Common stock held in treasury at cost: 60 and 70 shares
(3,256)
(3,724)
Total shareholders’ equity 8,563 7,473
Total liabilities, minority and noncontrolling interests, and
shareholders’ equity
$91,954
$79,723
(a) Less than $.5 million at each date.
See accompanying Notes To Consolidated Financial Statements.
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December 31