PNC Bank 2012 Annual Report Download - page 22

management services to institutional clients, intermediary and
individual investors through various investment vehicles.
Investment management services primarily consist of the
management of equity, fixed income, multi-asset class,
alternative investment and cash management products.
BlackRock offers its investment products in a variety of
vehicles, including open-end and closed-end mutual funds,
iShares®exchange-traded funds (ETFs), collective investment
trusts and separate accounts. In addition, BlackRock provides
market risk management, financial markets advisory and
enterprise investment system services to a broad base of
clients. Financial markets advisory services include valuation
services relating to illiquid securities, dispositions and
workout assignments (including long-term portfolio
liquidation assignments), risk management and strategic
planning and execution.
We hold an equity investment in BlackRock, which is a key
component of our diversified revenue strategy. BlackRock is a
publicly traded company, and additional information
regarding its business is available in its filings with the
Securities and Exchange Commission (SEC).
Non-Strategic Assets Portfolio (formerly, Distressed Assets
Portfolio) includes a consumer portfolio of mainly residential
mortgage and brokered home equity loans and a small
commercial loan and lease portfolio. We obtained a significant
portion of these non-strategic assets through acquisitions of
other companies.
S UBSIDIARIES
Our corporate legal structure at December 31, 2012 consisted
of one domestic subsidiary bank, including its subsidiaries,
and approximately 141 active non-bank subsidiaries. Our bank
subsidiary is PNC Bank, National Association (PNC Bank,
N.A.), headquartered in Pittsburgh, Pennsylvania. For
additional information on our subsidiaries, see Exhibit 21 to
this Report.
S TATISTICAL D ISCLOSURE B Y B ANK H OLDING C OMPANIES
The following statistical information is included on the
indicated pages of this Report and is incorporated herein by
reference:
Form 10-K page
Average Consolidated Balance Sheet
And Net Interest Analysis 237 – 238
Analysis Of Year-To-Year Changes
In Net Interest Income 239
Book Values Of Securities 46 – 49
and 165 – 171
Maturities And Weighted-Average
Yield Of Securities 170 – 171
Loan Types 42 – 45, 145 and 240
Selected Loan Maturities And
Interest Sensitivity 242
Nonaccrual, Past Due And
Restructured Loans And Other
Nonperforming Assets
85 – 95, 130 – 131,
146 – 158 and
240 – 241
Potential Problem Loans And Loans
Held For Sale
49–50and
86–97
Summary Of Loan Loss Experience 95 – 97,
146 – 158, 162 – 164
and 241
Assignment Of Allowance For Loan
And Lease Losses
95–97and
242
Average Amount And Average Rate
Paid On Deposits 237 – 238
Time Deposits Of $100,000 Or More 191 and 242
Selected Consolidated Financial Data 29 – 30
Short-term borrowings – not included
as average balances during 2012,
2011, and 2010 were less than 30%
of total shareholders’ equity at the
end of each period.
E UROPEAN E XPOSURE
For information regarding our exposure to European entities at
December 31, 2012 and December 31, 2011, see the European
Exposure section included in Item 7 of this Report.
The PNC Financial Services Group, Inc. – Form 10-K 3