PNC Bank 2007 Annual Report Download - page 125

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L
OANS
O
UTSTANDING
December 31 - in millions 2007 2006 2005 2004 2003
Commercial $28,607 $20,584 $19,325 $17,438 $15,082
Commercial real estate 8,906 3,532 3,162 1,980 1,824
Consumer 18,326 16,515 16,173 15,606 11,855
Residential mortgage 9,557 6,337 7,307 4,772 2,886
Lease financing 3,500 3,556 3,628 4,096 5,147
Other 413 376 341 505 518
Total loans 69,309 50,900 49,936 44,397 37,312
Unearned income (990) (795) (835) (902) (1,009)
Total loans, net of unearned income (a) $68,319 $50,105 $49,101 $43,495 $36,303
(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 2007 2006 2005 2004 2003
Nonaccrual loans
Commercial $193 $109 $ 134 $ 89 $213
Lease financing 3117 511
Commercial real estate 212 12 14 14 6
Consumer 17 13 10 11 11
Residential mortgage 10 12 15 21 24
Total nonaccrual loans $435 $147 $ 190 $140 $265
Troubled debt restructured loan 231
Total nonperforming loans 437 147 190 143 266
Foreclosed and other assets
Lease 11 12 13 14 17
Residential mortgage 16 10 9 10 9
Other 14 2 359
Total foreclosed and other assets 41 24 25 29 35
Total nonperforming assets (a) (b) $478 $171 $ 215 $172 $301
Nonperforming loans to total loans .64% .29% .39% .33% .73%
Nonperforming assets to total loans and foreclosed assets .70 .34 .42 .38 .80
Nonperforming assets to total assets .34 .17 .23 .22 .44
Interest on nonperforming loans
Computed on original terms $51 $15 $ 16 $11 $29
Recognized prior to nonperforming status 32 4 525
Past due loans
Accruing loans past due 90 days or more $106 $50 $ 46 $49 $57
As a percentage of total loans .16% .10% .09% .11% .16%
Past due loans held for sale
Accruing loans held for sale past due 90 days or more $8 $9$47$9$6
As a percentage of total loans held for sale .20% .38% 1.92% .54% .43%
(a) Excludes loans held for sale carried at lower of cost or market value of $25 million at December 31, 2007, $1 million at December 31, 2005, $3 million at December 31, 2004 and $27
million at December 31, 2003 (includes $1 million, $2 million and $10 million of troubled debt restructured loans held for sale at December 31, 2005, 2004 and 2003, respectively).
Amount at December 31, 2007 related to the Mercantile and Yardville acquisitions.
(b) Excludes equity management assets that are carried at estimated fair value of $4 million at December 31, 2007, $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, and $37 million (including $5 million of troubled debt restructured assets) at December 31, 2003.
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