Fifth Third Bank 2002 Annual Report Download - page 63

Download and view the complete annual report

Please find page 63 of the 2002 Fifth Third 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 66

  • 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

FIFTH THIRD BANCORP AND SUBSIDIARIES
61
Consolidated Ten Year Comparison
Average Assets ($ in millions)
Interest-Earning Assets
Federal Interest-Bearing Cash and Total
Loans and Funds Deposits Due from Other Average
Year Leases Loaned (a) in Banks (a) Securities Total Banks Assets Assets
2002 $45,538.6 $154.6 $184.0 $23,246.3 $69,123.5 $1,551.0 $4,969.0 $74,998.6
2001 44,888.2 68.8 132.4 19,736.2 64,825.6 1,482.4 4,980.4 70,663.5
2000 42,690.5 117.5 82.8 18,629.7 61,520.5 1,455.7 4,227.8 66,609.9
1999 38,652.1 223.4 103.8 16,900.9 55,880.2 1,628.1 3,343.8 60,292.3
1998 36,013.8 241.0 134.8 16,090.7 52,480.3 1,565.8 2,781.7 56,305.6
1997 33,850.4 326.9 185.8 15,425.0 49,788.1 1,366.6 2,495.0 53,161.5
1996 30,742.2 324.9 211.6 14,958.5 46,237.2 1,401.5 2,212.1 49,366.6
1995 27,598.3 493.6 182.0 12,714.7 40,988.6 1,364.8 1,715.1 43,607.8
1994 22,848.9 340.2 133.6 11,595.5 34,918.2 1,256.3 1,491.2 37,426.9
1993 20,476.5 292.8 263.4 10,529.4 31,562.1 1,213.3 1,318.4 33,943.6
Average Deposits and Short-Term Borrowings ($ in millions)
Deposits
Certificates– Short-
Interest Money Other $100,000 Foreign Term
Year Demand Checking Savings Market Time and Over Office Total Borrowings Total
2002 $8,952.8 $16,239.1 $9,464.8 $1,162.4 $9,402.8 $1,689.6 $2,017.7 $48,929.2 $7,190.3 $56,119.5
2001 7,394.5 11,489.0 4,928.4 2,551.5 13,473.0 3,821.0 1,992.2 45,649.6 8,799.1 54,448.7
2000 6,257.3 9,531.2 5,798.8 939.1 13,716.3 4,283.0 3,895.5 44,421.2 9,724.7 54,145.9
1999 6,078.8 8,553.1 6,206.6 1,327.6 13,858.0 4,196.8 952.3 41,173.2 8,572.8 49,746.0
1998 5,626.7 7,030.6 6,331.7 1,471.0 15,116.9 3,856.3 269.8 39,703.0 7,095.5 46,798.5
1997 4,931.9 6,208.9 4,548.0 2,508.1 15,887.2 4,173.3 440.5 38,697.9 6,113.0 44,810.9
1996 4,492.5 5,558.6 4,236.8 2,908.8 15,170.6 4,186.4 569.1 37,122.8 4,836.6 41,959.4
1995 4,049.7 5,017.5 3,373.8 2,949.5 12,597.1 3,943.6 1,006.5 32,937.7 4,582.4 37,520.1
1994 3,584.6 3,520.8 4,062.3 4,092.7 10,283.7 2,371.1 814.4 28,729.6 3,543.0 32,272.6
1993 3,172.6 3,241.2 4,213.7 3,914.8 9,699.3 2,004.7 485.5 26,731.8 2,361.0 29,092.8
Income ($ in millions, except per share data)
Per Share (b)
Originally Reported
Other Dividend
Interest Interest Operating Operating Net Diluted Dividends Diluted Payout
Year Income Expense Income Expense Income Earnings Earnings Declared Earnings Earnings Ratio
2002 $4,129.4 $1,429.1 $2,194.1 $2,216.1 $1,634.0 $2.82 $2.76 $.98 $2.82 $2.76 35.5%
2001 4,708.8 2,275.8 1,797.4 2,341.4 1,093.0 1.90 1.86 .83 1.90 1.86 44.7
2000 4,947.4 2,692.9 1,482.4 1,918.8 1,140.4 2.02 1.98 .70 1.86 1.83 38.2
1999 4,199.4 2,021.7 1,339.0 1,892.5 946.6 1.68 1.66 .58231.46 1.43 40.9
1998 4,052.2 2,042.0 1,165.2 1,767.9 806.9 1.44 1.42 .47131.20 1.17 40.3
1997 3,933.4 2,026.1 904.8 1,463.7 776.5 1.39 1.37 .37910 1.15 1.13 33.6
1996 3,621.0 1,852.2 748.8 1,418.8 653.7 1.16 1.14 .3247.95 .93 34.9
1995 3,238.8 1,673.2 616.9 1,222.4 592.5 1.09 1.07 .2849.86 .84 33.8
1994 2,519.9 1,120.9 520.2 1,096.4 497.8 .96 .94 .23710 .75 .73 32.3
1993 2,314.3 1,002.2 497.0 1,024.0 475.0 .92 .91 .2017.65 .63 31.8
Miscellaneous at December 31 ($ in millions, except per share data)
Shareholders’ Equity
Accumulated
Number of Nonowner Reserve
Shares of Stock Common Preferred Capital Retained Changes in Treasury Per for Credit
Year Outstanding (b) Stock Stock Surplus Earnings Equity Stock Total Share (b) Losses
2002 574,355,247 $1,295.2 $ 9.3 $1,441.4 $5,904.1 $369.0 $(544.0) $8,475.0 $14.76 $683.2
2001 582,674,580 1,293.5 9.3 1,495.4 4,837.4 7.8 ( 4.1) 7,639.3 13.11 624.1
2000(c) 569,056,843 1,263.3 9.3 1,139.7 4,225.0 27.9 ( 1.1) 6,662.4 11.71 609.3
1999(c) 565,425,468 1,255.2 9.3 896.3 3,708.1 (301.8) 5,562.8 9.84 572.9
1998 557,438,774 1,237.5 9.3 786.5 3,261.3 135.8 ( 58.0) 5,371.4 9.64 532.2
1997 556,356,059 1,235.1 9.3 771.8 3,033.2 139.9 (184.6) 5,004.6 9.00 509.2
1996 564,561,419 1,253.3 9.3 739.5 2,676.2 16.8 ( .2) 4,694.9 8.32 483.6
1995 548,266,213 1,217.2 14.3 522.3 2,400.4 46.0 4,200.2 7.66 474.0
1994 520,876,043 1,156.3 14.3 255.5 2,086.6 ( 66.9) ( .2) 3,445.6 6.62 427.4
1993 518,275,600 1,150.6 14.3 183.4 1,818.4 24.1 ( .2) 3,190.5 6.16 382.2
(a) Federal funds loaned and interest-bearing deposits in banks are combined in other short-term investments in the Consolidated Financial Statements.
(b) Number of shares outstanding and per share data have been adjusted for stock splits in 2000, 1998, 1997 and 1996.
(c) Excludes the unamortized portion of the 1999 non-officer employee stock grant totaling $2.7 million in 2000 and $4.3 million in 1999.