PNC Bank 2009 Annual Report Download - page 171
Download and view the complete annual report
Please find page 171 of the 2009 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.-
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
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
 |
 |
Results Of Businesses
Year ended December 31
In millions
Retail
Banking
Corporate &
Institutional
Banking
Asset
Management
Group
Residential
Mortgage
Banking BlackRock
Distressed
Assets
Portfolio Other Consolidated
2009
I
NCOME
S
TATEMENT
Net interest income $ 3,520 $ 3,801 $ 308 $ 332 $ 1,079 $ 43 $ 9,083
Noninterest income 2,199 1,433 611 996 $ 262 74 1,570 7,145
Total revenue 5,719 5,234 919 1,328 262 1,153 1,613 16,228
Provision for credit losses 1,330 1,603 97 (4) 771 133 3,930
Depreciation and amortization 263 141 41 5 323 773
Other noninterest expense 3,906 1,659 613 627 246 1,249 8,300
Earnings (loss) from continuing operations
before income taxes 220 1,831 168 700 262 136 (92) 3,225
Income taxes (benefit) 84 641 63 265 55 52 (293) 867
Earnings from continuing operations 136 1,190 105 435 207 84 201 2,358
Inter-segment revenue $ (3) $ 11 $ 18 $ 6 $ 16 $ (17) $ (31)
Average Assets (a) $65,320 $84,689 $7,341 $8,420 $6,249 $22,844 $82,013 $276,876
2008
I
NCOME
S
TATEMENT
Net interest income $ 1,593 $ 1,302 $ 130 $ 829 $ 3,854
Noninterest income 1,137 536 429 $ 261 79 2,442
Total revenue 2,730 1,838 559 261 908 6,296
Provision for credit losses 388 575 6 548 1,517
Depreciation and amortization 125 22 7 149 303
Other noninterest expense 1,664 923 356 439 3,382
Earnings (loss) from continuing operations
before income taxes 553 318 190 261 (228) 1,094
Income taxes (benefit) 225 103 71 54 (155) 298
Earnings (loss) from continuing operations 328 215 119 207 (73) 796
Inter-segment revenue $ 2 $ 14 $ 15 $ 15 $ (46)
Average Assets (a) $32,922 $47,050 $3,001 $4,240 $54,807 $142,020
2007
I
NCOME
S
TATEMENT
Net interest income $ 1,741 $ 998 $ 133 $ 75 $ 2,947
Noninterest income 1,016 758 461 $ 334 375 2,944
Total revenue 2,757 1,756 594 334 450 5,891
Provision for credit losses 133 127 3 52 315
Depreciation and amortization 116 17 7 112 252
Other noninterest expense 1,515 820 332 733 3,400
Earnings (loss) from continuing operations
before income taxes 993 792 252 334 (447) 1,924
Income taxes (benefit) 373 280 94 84 (270) 561
Earnings (loss) from continuing operations 620 512 158 250 (177) 1,363
Inter-segment revenue $ 6 $ 9 $ 17 $ 16 $ (48)
Average Assets (a) $31,608 $36,416 $2,619 $4,259 $48,516 $123,418
(a) Period-end balances for BlackRock.
167