PNC Bank 2014 Annual Report Download - page 21

Statistical Disclosure By Bank Holding Companies
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 223-224
Analysis Of Year-To-Year Changes
In Net Interest Income 225
Book Values Of Securities 43-44
and 146-151
Maturities And Weighted-Average
Yield Of Securities 150-151
Loan Types 39-43,
129-130 and 226
Selected Loan Maturities And
Interest Sensitivity 230
Nonaccrual, Past Due And
Restructured Loans And Other
Nonperforming Assets
72-79,
116-119,
128-141 and 228
Potential Problem Loans And Loans
Held For Sale 45 and 72-82
Summary Of Loan Loss Experience 80-82, 128-145
and 229
Assignment Of Allowance For Loan
And Lease Losses 80-82 and 229
Average Amount And Average Rate
Paid On Deposits 223-224
Time Deposits Of $100,000 Or More 174 and 230
Selected Consolidated Financial
Data 30-31
Short-term borrowings – not
included as average balances
during 2014, 2013, and 2012 were
less than 30% of total
shareholders’ equity at the end of
each period.
Supervision and Regulation
PNC is a bank holding company (BHC) registered under the
Bank Holding Company Act of 1956 (BHC Act) and a
financial holding company under the Gramm-Leach-Bliley
Act (GLB Act).
We are subject to numerous governmental regulations, some
of which are highlighted below. See Note 20 Regulatory
Matters in the Notes To Consolidated Financial Statements in
Item 8 of this Report for additional information regarding our
regulatory matters. Applicable laws and regulations restrict
our permissible activities and investments, impose conditions
and requirements on the products and services we offer and
the manner in which they are offered and sold, and require
compliance with protections for loan, deposit, brokerage,
fiduciary, investment management and other customers,
among other things. They also restrict our ability to
repurchase stock or pay dividends, or to receive dividends
from our bank subsidiary, and impose capital adequacy
requirements. The consequences of noncompliance can
include substantial monetary and nonmonetary sanctions.
In addition, we are subject to comprehensive supervision and
periodic examination by, among other regulatory bodies, the
Board of Governors of the Federal Reserve System (Federal
Reserve) and the Office of the Comptroller of the Currency
(OCC). These examinations consider not only compliance
with applicable laws, regulations and supervisory policies of
the agency, but also capital levels, asset quality and risk,
management ability and performance, earnings, liquidity and
various other factors. The results of examination activity by
any of our federal bank regulators potentially can result in the
imposition of significant limitations on our activities and
growth. These regulatory agencies generally have broad
discretion to impose restrictions and limitations on the
operations of a regulated entity and take enforcement action
against a regulated entity where the relevant agency
determines, among other things, that such operations fail to
comply with applicable law or regulations or are conducted in
an unsafe or unsound manner. This supervisory framework,
including the examination reports and supervisory ratings
(which are not publicly available) of the agencies, could
materially impact the conduct, growth and profitability of our
operations.
The Consumer Financial Protection Bureau (CFPB) is
responsible for examining PNC Bank and its affiliates
(including PNC) for compliance with most federal consumer
financial protection laws, including the laws relating to fair
lending and prohibiting unfair, deceptive or abusive acts or
practices in connection with the offer, sale or provision of
consumer financial products or services, and for enforcing
such laws with respect to PNC Bank and its affiliates. The
results of the CFPB’s examinations, which are not publicly
available, also can result in restrictions or limitations on the
operations of a regulated entity as well as enforcement actions
against a regulated entity, including the imposition of
monetary penalties and nonmonetary requirements.
We also are subject to regulation by the SEC by virtue of our
status as a public company and by the SEC and the
Commodity Futures Trading Commission (CFTC) due to the
nature of some of our businesses. Our banking and securities
businesses with operations outside the United States,
including those conducted by BlackRock, are also subject to
regulation by appropriate authorities in the foreign
jurisdictions in which they do business.
As a regulated financial services firm, our relationships and
good standing with regulators are of fundamental importance
to the operation and growth of our businesses. The Federal
Reserve, OCC, CFPB, SEC, CFTC and other domestic and
The PNC Financial Services Group, Inc. – Form 10-K 3