PNC Bank 2009 Annual Report Download - page 176
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L
OANS
O
UTSTANDING
December 31 - in millions 2009 (a) 2008 (a) 2007 2006 2005
Commercial $ 54,818 $ 69,220 $28,952 $20,883 $19,599
Commercial real estate 23,131 25,736 8,903 3,527 3,157
Equipment lease financing 6,202 6,461 2,514 2,789 2,792
TOTAL COMMERCIAL LENDING 84,151 101,417 40,369 27,199 25,548
Consumer 53,582 52,489 18,393 16,569 16,246
Residential real estate 19,810 21,583 9,557 6,337 7,307
TOTAL CONSUMER LENDING 73,392 74,072 27,950 22,906 23,553
Total loans $157,543 $175,489 $68,319 $50,105 $49,101
(a) Amounts include the impact of National City, which we acquired on December 31, 2008.
N
ONPERFORMING
A
SSETS AND
R
ELATED
I
NFORMATION
December 31 - dollars in millions 2009 (a) 2008 (a) 2007 2006 2005
Nonaccrual loans
Commercial $1,792 $ 576 $193 $109 $ 134
Commercial real estate 2,132 766 212 12 14
Equipment lease financing 130 973117
Consumer 152 70 17 13 10
Residential real estate 1,025 153 27 25 24
Total nonaccrual loans 5,231 1,662 452 160 199
Troubled debt restructured loans 440 2
Total nonperforming loans 5,671 1,662 454 160 199
Foreclosed and other assets
Commercial lending 266 50 11 12 13
Consumer lending 379 469 30 12 12
Total foreclosed and other assets 645 519 41 24 25
Total nonperforming assets $6,316 $2,181 $495 $184 $ 224
Nonperforming loans to total loans 3.60% .95% .66% .32% .41%
Nonperforming assets to total loans and foreclosed assets 3.99 1.24 .72 .37 .46
Nonperforming assets to total assets 2.34 .75 .36 .18 .24
Interest on nonperforming loans
Computed on original terms $ 302 $ 115 $ 51 $ 15 $ 16
Recognized prior to nonperforming status 90 60 32 4 5
Past due loans (b) (c)
Accruing loans past due 90 days or more $ 884 $ 395 $136 $ 55 $ 53
As a percentage of total loans .60% .24% .20% .11% .11%
Past due loans held for sale
Accruing loans held for sale past due 90 days or more $45 $40$8$9$47
As a percentage of total loans held for sale 1.77 .92% .20% .38% 1.92%
(a) Amounts include the impact of National City, which we acquired on December 31, 2008.
(b) Excludes loans that are government insured/guaranteed, primarily residential mortgages.
(c) Excludes impaired loans acquired from National City totaling $2.7 billion at December 31, 2009 and $2.0 billion at December 31, 2008. These loans are excluded as they were
recorded at estimated fair value when acquired and are currently considered performing loans due to the accretion of interest in purchase accounting.
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