PNC Bank 2008 Annual Report Download - page 164

Download and view the complete annual report

Please find page 164 of the 2008 PNC Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 184

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184

R
ECONCILIATIONS OF
N
ON
-GAAP R
ATIOS AT
D
ECEMBER
31, 2008
Allowance for loan and lease losses to nonperforming loans
GAAP basis 236%
PNC, excluding the impact of National City 95%
In millions
PNC consolidated allowance for loan and lease losses (GAAP) $3,917
Less: National City acquired allowance 2,224
Less: Conforming provision for credit losses 504
Add: National City amount transferred to allowance for unfunded loan commitments and letters of credit 154
PNC allowance for loan and lease losses, excluding the impact of National City $1,343
PNC consolidated nonperforming loans (GAAP) $1,662
Less: National City nonperforming loans 250
PNC nonperforming loans, excluding the impact of National City $1,412
Allowance for loan and lease losses to total loans
GAAP basis 2.23%
PNC, excluding the impact of National City 1.77%
In millions
PNC consolidated allowance for loan and lease losses (GAAP) $ 3,917
Less: National City acquired allowance 2,224
Less: Conforming provision for credit losses 504
Add: National City amount transferred to allowance for unfunded loan commitments and letters of credit 154
PNC allowance for loan and lease losses, excluding the impact of National City $ 1,343
PNC consolidated total loans (GAAP) $175,489
Less: National City total loans 99,659
PNC total loans, excluding the impact of National City $ 75,830
PNC acquired National City on December 31, 2008. We believe that the disclosure of these ratios excluding the impact of National
City provides additional meaningful information regarding the allowance for loan and lease losses at that date and the impact of
National City on these ratios.
160