PNC Bank 2006 Annual Report Download - page 130

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L
OANS
O
UTSTANDING
December 31 - in millions 2006 2005 2004 2003 2002
Commercial $20,584 $19,325 $17,438 $15,082 $14,987
Commercial real estate 3,532 3,162 1,980 1,824 2,267
Consumer 16,515 16,173 15,606 11,855 9,854
Residential mortgage 6,337 7,307 4,772 2,886 3,921
Lease financing 3,556 3,628 4,096 5,147 5,081
Other 376 341 505 518 415
Total loans 50,900 49,936 44,397 37,312 36,525
Unearned income (795) (835) (902) (1,009) (1,075)
Total loans, net of unearned income (a) $50,105 $49,101 $43,495 $36,303 $35,450
(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.
N
ONPERFORMING
A
SSETS AND
R
ELATED
I
NFORMATION
December 31 - dollars in millions 2006 2005 2004 2003 2002
Nonaccrual loans
Commercial $109 $134 $89 $213 $226
Lease financing 117 5 11 57
Commercial real estate 12 14 14 6 7
Consumer 13 10 11 11 11
Residential mortgage 12 15 21 24 7
Total nonaccrual loans $147 $190 $140 $265 $308
Troubled debt restructured loan 311
Total nonperforming loans 147 190 143 266 309
Nonperforming loans held for sale (a) 1 3 27 97
Foreclosed and other assets
Lease 12 13 14 17
Residential mortgage 10 910 96
Other 23596
Total foreclosed and other assets 24 25 29 35 12
Total nonperforming assets (b) $171 $216 $175 $328 $418
Nonperforming loans to total loans .29% .39% .33% .73% .87%
Nonperforming assets to total loans, loans held for sale and foreclosed assets .33 .42 .39 .87 1.13
Nonperforming assets to total assets .17 .23 .22 .48 .63
Interest on nonperforming loans
Computed on original terms $15 $16 $11 $29 $23
Recognized 452510
Past due loans
Accruing loans past due 90 days or more $50 $46 $49 $57 $115
As a percentage of total loans .10% .09% .11% .16% .32%
Past due loans held for sale
Accruing loans held for sale past due 90 days or more $9 $47 $9 $6 $32
As a percentage of total loans held for sale .38% 1.92% .54% .43% 1.99%
(a) Includes $1 million, $2 million, $10 million, and $17 million of troubled debt restructured loans held for sale at December 31, 2005, 2004, 2003 and 2002, respectively.
(b) Excludes equity management assets that are carried at estimated fair value of $11 million (including $4 million of troubled debt restructured assets) at December 31, 2006, $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 and $40 million (including $12 million of troubled debt restructured assets) at December 31,
2002.
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