Bank Management, 5th edition.
Timothy W. Koch and S. Scott MacDonald
Copyright © 2003 by South-Western, a division of Thomson Learning
ANALYZING BANK
PERFORMANCE:
USING THE UBPR
Chapter 3
Balance Sheet
 Assets = Liabilities + Equity.
 Balance sheet figures are calculated at
a particular point in time and thus
represent stock values.
Bank Assets
http://www2.fdic.gov/ubpr/UbprReport/SearchEngine/Default.asp
 Cash and due from banks
 vault cash, deposits held at the Fed and other
financial institutions, and cash items in the
process of collection.
 Investment Securities
 assets held to earn interest and help meet
liquidity needs.
 Loans
 the major asset, generate the greatest amount
of income, exhibit the highest default risk and
are relatively illiquid.
 Other assets
 bank premises and equipment, interest
receivable, prepaid expenses, other real estate
owned, and customers' liability to the bank
Balance Sheet (assets):
PNC and Community National Bank
PNC BANK NATIONAL ASSOCIATION
BALANCE SHEET
—— HISTORICAL——
12/31/00
% of
% Cha
$ 1,000
Total
—— HISTORICAL——
12/31/01
% of
% Cha
$ 1,000
Total
COMMUNITY NATIONAL BANK
—— HISTORICAL——
12/31/00 % of
% Cha $ 1,000 Total
—— HISTORICAL——
12/31/01 % of
% Cha $ 1,000 Total
ASSETS
Loans:
Real estate loans
-5.5%
Commercial loans
-5.4%
Individual loans
-10.6%
Agricultural loans
-58.9%
Other LN&LS in domestic off.
-3.0%
LN&LS in foreign off.
273.9%
Gross Loans & Leases
-5.1%
Less: Unearned Income
7.5%
Loan & Lease loss Allowance
0.8%
Net Loans & Leases
-5.2%
Investments:
U.S. Treasury & Agency securities-43.3%
Municipal securities
37.4%
Foreign debt securities
0.8%
All other securities
-6.0%
Interest bearing bank balances
69.4%
Fed funds sold & resales
-63.6%
Trading account assets
-35.8%
Total Investments
-26.9%
Total Earning Assets
23,403,724
18,180,941
3,529,627
1,717
4,588,422
347,421
50,051,852
96,913
648,833
49,306,106
37.0%
28.8%
5.6%
0.0%
7.3%
0.5%
79.2%
0.2%
1.0%
78.0%
1,887,310
45,237
27,401
2,971,309
167,916
217,241
168,345
5,484,759
3.0%
0.1%
0.0%
4.7%
0.3%
0.3%
0.3%
8.7%
-8.0% 54,790,865
86.7%
Nonint Cash & Due from banks
26.2% 3,565,214
Acceptances
2.5%
52,401
Premises fixed assets & capital leases
6.3%
800,722
Other real estate owned
-26.6%
15,047
Investment in unconsolidated subs. 32.8%
4,320
Other assets
-20.8% 3,957,334
Total Assets
-7.3% 63,185,903
Average Assets During Quarter
-7.4% 62,706,833
27.4%
16.6%
23.3%
12.0%
5.2%
9.4%
0.0%
0.0%
7.5%
66.8%
1.2%
0.0%
64.7%
17.2%
0.1% -100.0%
1.0%
-7.3%
63.6%
17.5%
50,801
26,621
5,933
0
6,458
0
89,813
0
706
89,107
37.0%
19.4%
4.3%
0.0%
4.7%
0.0%
65.4%
0.0%
0.5%
64.9%
82.9% 3,451,036
-58.7%
18,679
-5.7%
25,835
196.4% 8,805,746
-6.1%
157,670
39.0%
301,986
189.4%
487,251
141.5% 13,248,203
5.5%
0.0%
0.0%
14.1%
0.3%
0.5%
0.8%
21.2%
22,369
721
0
255
0
11,790
0
35,135
16.3%
34.3%
0.5%
-0.3%
0.0%
0.0%
0.2% -100.0%
0.0% #N/A
8.6% -39.1%
0.0%
0.0%
25.6%
9.4%
-3.1% 53,097,432
84.8%
14.6% 124,242
5.6% 16.6% 4,156,160
0.1% -11.4%
46,417
1.3%
0.0%
800,451
0.0% -38.0%
9,325
0.0% 48.1%
6,400
6.3% 13.6% 4,493,595
100.0%
-0.9% 62,609,780
6.6%
0.1%
1.3%
0.0%
0.0%
7.2%
100.0%
100.4%
99.2%
-26.8%
-19.6%
-7.6%
-36.2%
2.7%
123.8%
-19.1%
-47.1%
-7.1%
-19.2%
17,136,390
14,616,251
3,261,827
1,096
4,710,235
777,443
40,503,242
51,223
602,790
39,849,229
0.2% 62,838,680
8.7%
#N/A
0.0%
0.0%
0.0%
0.9%
0.0%
8.0%
27.1% 64,569
34.7% 35,849
-48.8%
3,037
0.0%
0
-99.6%
29
0.0%
0
15.2% 103,484
0.0%
0
20.3%
849
15.2% 102,635
41.3%
22.9%
1.9%
0.0%
0.0%
0.0%
66.2%
0.0%
0.5%
65.7%
30,044
719
0
0
500
7,175
0
38,438
19.2%
0.5%
0.0%
0.0%
0.3%
4.6%
0.0%
24.6%
90.5%
13.5% 141,073
90.3%
13.9%
7,813
0.0%
0
5.8%
3,546
0.0%
0
0.0%
0
14.8%
1,730
14.4% 137,331
5.7%
0.0%
2.6%
0.0%
0.0%
1.3%
100.0%
8.0%
8,440
0.0%
0
17.6%
4,171
#N/A
625
0.0%
0
14.0%
1,972
13.8% 156,281
5.4%
0.0%
2.7%
0.4%
0.0%
1.3%
100.0%
8.9% 136,551
99.4%
12.6% 153,733
98.4%
Adjustments to total loans
…three adjustments are made to obtain a
net loan figure.
 First, The dollar amount of outstanding
leases is included in gross loans.
 Second, unearned income is deducted
from gross interest received.
 Finally, gross loans are reduced by the
dollar magnitude of a bank's loan-loss
reserve, which exists in recognition
that some loans will not be repaid.
Provisions for loan losses
Recoveries
Provisions for loan losses
Reserve for Loan Losses
Charge offs
Bank investments and FASB 115
 Following FASB 115 a bank, at purchase, must
designate the objective behind buying investment
securities as either:



held-to-maturity securities are recorded on the
balance sheet at amortized cost.
trading account securities are actively bought and
sold, so the bank marks the securities to market
(reports them at current market value) on the balance
sheet and reports unrealized gains and losses on the
income statement.
available-for-sale, all other investment securities, are
recorded at market value on the balance sheet with a
corresponding change to stockholders’ equity as
unrealized gains and losses on securities holdings.
Average assets, capital and loan loss data:
PNC and Community National Bank
PNC BANK, NATIONAL ASSOCIATION
SUPPLEMENTAL DATA
—— HISTORICAL——
12/31/00
% of
% Cha
$ 1,000
Total
Average Assets
Domestic Banking offices
Foreign Branches
Number of equivalent employees
-3.08% 66,975,064
1.60%
698
0.00%
8
-12.27%
16,472
COMMUNITY NATIONAL BANK
—— HISTORICAL——
12/31/01
% of
% Cha
$ 1,000
Total
-5.21% 63,486,660
-2.15%
683
0.00%
8
-3.12%
15,958
—— HISTORICAL——
12/31/00 % of
% Cha $ 1,000 Total
—— HISTORICAL——
12/31/01 % of
% Cha $ 1,000 Total
12.1% 130,280
0.0%
3
0.0%
0
17.3%
61
9.1% 142,089
33.3%
4
0.0%
0
6.6%
65
16.9%
-7.3%
0.0%
22.4%
9,976
706
0
84,529
8.2% 10,795
20.3%
849
0.0%
0
19.0% 100,567
SUMMARY OF RISK BASED CAPITAL
Tier One Capital
Tier Two Capital
Tier Three Capital
Total Risk-Weighted Assets
6.02% 5,402,650
-5.77% 1,626,531
0.00%
0
-6.31% 57,833,459
-12.46% 4,729,275
17.00% 1,903,111
0.00%
0
-5.93% 54,404,578
SUMMARY OF LOAN LOSS ACCOUNT
Balance at beginning of period
Gross Credit Losses
Memo: Loans HFS Writedown
Recoveries
Net Credit Losses
Provisions for Credit Losses
Other Adjustments
Balance at end of period
Average Total Loans & Leases
-10.43%
-12.81%
0.00%
-8.05%
-14.44%
643,905
181,385
0
48,917
132,468
1.2%
0.77%
0.4% 440.66%
0.0% #N/A
0.1% -26.64%
0.3% 613.22%
648,833
980,672
637,086
35,886
944,786
1.4%
2.0%
2.2% 22.2%
1.4%
0.0%
0.1% -85.1%
2.1% 101.6%
762
270
0
14
256
0.9% -7.3%
0.3% -6.7%
0.0%
0.0%
0.0% 64.3%
0.3% -10.5%
706
252
0
23
229
0.7%
0.3%
0.0%
0.0%
0.2%
-15.09%
-105.73%
0.77%
133,000
4,396
648,833
0.3% 575.75%
0.0% -100.00%
1.3%
-7.10%
898,743
0
602,790
2.0%
0.0%
1.3%
40.8%
0.0%
-7.3%
200
0
706
0.2%
0.0%
0.9%
86.0%
0.0%
20.3%
372
0
849
0.4%
0.0%
0.9%
-13.07% 44,804,389
100.0%
10.0%
81,478
100.0%
15.7%
94,299
100.0%
0.4% -78.8%
0.6% -91.2%
0.9% -82.3%
0.7%
0.0%
290
48
338
0
0.4%
0.1%
0.4%
0.0%
788.3%
806.3%
790.8%
#N/A
2,576
435
3,011
1,830
2.7%
0.5%
3.2%
1.9%
-3.97% 51,542,871
100.0%
NON-CURRENT LN&LS
90 days and over past due
Total Nonaccrual Ln&LS
Total Non-current LN&LS
Ln&Ls 30-89 Days Past Due
-2.54%
14.66%
9.61%
0.00%
125,264
354,651
479,915
0
0.2%
0.7%
0.9%
0.0%
35.55%
-28.40%
-11.70%
#N/A
169,798
253,945
423,743
332,103
Bank liabilities
 Demand deposits
 transactions accounts that pay no interest
 Negotiable orders of withdrawal (NOWs) and
automatic transfers from savings (ATS)
accounts

pay interest set by each bank without federal
restrictions
 Money market deposit accounts (MMDAs)
 pay market rates, but a customer is limited to
no more than six checks or automatic transfers
each month
 Savings and time deposits represent the
bulk of interest-bearing liabilities at banks.
Bank liabilities (continued)
 Two general time deposits categories exist:
 Time deposits in excess of $100,000, labeled
jumbo certificates of deposit (CDs).
 Small CDs, considered core deposits which
tend to be stable deposits that are typically
not withdrawn over short periods of time.
 Deposits held in foreign offices
 balances issued by a bank subsidiary
located outside the U.S.
 Rate-sensitive borrowings:
 Federal Funds purchased and
 Repos
Core versus volatile funds
 Core deposits are stable deposits that are not highly
interest rate-sensitive.


Core deposits are more sensitive to the fees charged,
services rendered, and location of the bank.
Core deposits include: demand deposits, NOW
accounts, MMDAs, and small time deposits.
 Large, or volatile, borrowings are liabilities that are
highly rate-sensitive.



Normally issued in uninsured denominations.
Their ability to borrow is sensitive to the markets
perception of their asset quality.
Volatile liabilities or net non-core liabilities include: large
CDs (over 100,000), deposits in foreign offices, federal
funds purchased, repurchase agreements, and other
borrowings with maturities less than one year.*
*The UBPR also includes brokered deposits less than $100,000 and
maturing within one year in the definition of net noncore liabilities.
Balance Sheet (liabilities): PNC and Community National
PNC BANK NATIONAL ASSOCIATION
COMMUNITY NATIONAL BANK
Bank
BALANCE SHEET
—— HISTORICAL——
12/31/00
% of
% Cha
$ 1,000
Total
—— HISTORICAL——
12/31/01
% of
% Cha
$ 1,000
Total
—— HISTORICAL——
12/31/00 % of
% Cha $ 1,000 Total
—— HISTORICAL——
12/31/01 % of
% Cha $ 1,000 Total
LIABILITIES
Demand deposits
All NOW & ATS Accounts
Money market deposit accounts
Other savings deposits
Time deposits under $100M
Core Deposits
0.2% 6,581,761
6.7% 1,228,615
12.9% 19,973,653
-11.5% 1,856,609
3.3% 10,549,034
6.5% 40,189,672
10.4% 21.9% 8,024,609
1.9% 16.1% 1,426,841
31.6% 11.0% 22,173,721
2.9%
1.8% 1,889,720
16.7% -21.9% 8,243,535
63.6%
3.9% 41,758,426
12.8%
2.3%
35.4%
3.0%
13.2%
66.7%
25.3% 49,424
3.2%
9,121
22.3% 24,265
-3.9%
5,486
1.0% 23,233
15.2% 111,529
36.0%
6.6%
17.7%
4.0%
16.9%
81.2%
20.1% 59,382
95.8% 17,862
-12.7% 21,185
18.1%
6,477
-0.5% 23,118
14.8% 128,024
38.0%
11.4%
13.6%
4.1%
14.8%
81.9%
Time deposits of $100M or more
Deposits held in foreign offices
Total deposits
7.3% 3,412,724
-30.6% 2,397,676
3.7% 46,000,072
5.4% -32.0% 2,320,116
3.8% -3.8% 2,306,590
72.8%
0.8% 46,385,132
3.7%
3.7%
74.1%
10.3% 14,391
0.0%
0
14.6% 125,920
10.5%
0.0%
91.7%
10.3% 15,877
0.0%
0
14.3% 143,901
10.2%
0.0%
92.1%
Fed funds purchased & resale
Other borrowings inc mat < 1 yr
Memo: S.T. non core funding
Memo: Volatile liabilities
-23.0%
-66.8%
-41.3%
-39.0%
1,586,709
2,496,693
9,080,920
9,893,802
2.5%
4.0%
14.4%
15.7%
582,306
1,773,503
6,099,247
6,982,515
0.9%
2.8%
9.7%
11.2%
0.0%
0.0%
13.6%
9.6%
1,000
0
13,726
15,391
0.7%
0.0%
10.0%
11.2%
0.0%
0.0%
11.8%
9.7%
1,000
0
15,345
16,877
0.6%
0.0%
9.8%
10.8%
Other borrowings inc mat > 1 yr
-34.1% 3,793,924
Acceptances & other liabilities
61.5% 2,904,691
Total Liabilities before Sub. Notes
-7.7% 56,782,089
Sub. Notes & Debentures
0.0% 1,152,698
Total Liabilities
-7.5% 57,934,787
6.0%
4.6%
89.9%
1.8%
91.7%
17.4% 4,455,233
16.1% 3,372,710
-0.4% 56,568,884
0.0% 1,153,235
-0.4% 57,722,119
7.1%
5.4%
90.4%
1.8%
92.2%
0.0%
0
-44.9%
382
14.1% 127,302
0.0%
0
14.1% 127,302
0.0%
0.3%
92.7%
0.0%
92.7%
0.0%
0
-3.1%
370
14.1% 145,271
0.0%
0
14.1% 145,271
0.0%
0.2%
93.0%
0.0%
93.0%
8.3%
100.0%
-6.9% 4,887,661
-0.9% 62,609,780
7.8%
100.0%
17.7% 10,029
14.4% 137,331
7.3%
100.0%
9.8% 11,010
13.8% 156,281
7.0%
100.0%
0.0%
0.0%
0.0%
2.6%
0.0%
7.8%
7.8%
0.0%
4
7.1%
20,933
-38.0%
9,325
135.7% 3,900,766
0.0%
0
149.5% 12,301,296
149.5% 12,301,296
0.0%
0.0%
0.0%
6.2%
0.0%
19.6%
19.6%
0.0%
24.4%
0.0%
0.0%
-5.2%
37.7%
12.0%
1
1,120
0
0
11,837
11,508
23,345
1.9%
0.0%
0
All common and preferred capital
Total Liabilities & Capital
Memoranda:
Officer Shareholder Loans (#)
Officer Shareholder Loans ($)
Non-investment ORE
Loans Held for Sale
Held-to Maturity Securities
Available-for-Sale-Securities
Total Securities
All Brokered Deposits
-5.2% 5,251,116
-7.3% 63,185,903
100.0%
6.8%
-26.6%
-71.5%
0.0%
-24.7%
-24.7%
4
19,539
15,047
1,655,003
0
4,931,257
4,931,257
56.3%
586,684
-63.3%
-29.0%
-32.8%
-29.4%
0.9% 100.3%
1,175,114
0.0%
0.0%
0.8%
7.0%
0.0% #N/A
0.0%
0.0%
8.6% -57.3%
8.4% 123.4%
17.0% 31.8%
0.0%
0.0%
1
1,198
625
0
5,056
25,707
30,763
0.0%
0.8%
0.4%
0.0%
3.2%
16.4%
19.7%
0
0.0%
Stockholders equity
 Subordinated notes and debentures:

notes and bonds with maturities in excess of
one year.
 Stockholders' equity



Ownership interest in the bank.
Common and preferred stock are listed at par
Surplus account represents the amount of
proceeds received by the bank in excess of
par when it issued the stock.
The income statement
 Interest income (II)
 Interest expense (IE)
 Interest income less interest expense is
net interest income (NII)
 Loan-loss provisions (PL)
 represent management's estimate of potential
lost revenue from bad loans.
 Noninterest income (OI)
 Noninterest expense (OE)
 noninterest expense usually exceeds
noninterest income such that the difference is
labeled the bank's burden
 Taxes
Income statement (interest income and expenses):
PNC and Community National Bank
PNC BANK, NATIONAL ASSOCIATION
Income Statement
—— HISTORICAL——
12/31/00
% of
% Cha
$ 1,000
Total
Interest Income:
Interest and fees on loans
Income from lease financing
Memo: Fully taxable
Tax-exempt
Estimated tax benefit
Income on Loans & Leases (TE)
-2.2% 3,845,374
29.7% 208,494
-0.9% 4,021,924
-7.2%
31,944
-8.2%
15,701
-1.0% 4,069,569
—— HISTORICAL——
12/31/01
% of
% Cha
$ 1,000
Total
-22.2% 2,992,253
24.1% 258,790
-19.8% 3,224,394
-16.6%
26,649
-14.7%
13,394
-19.8% 3,264,437
—— HISTORICAL——
12/31/01 % of
% Cha $ 1,000 Total
52.0%
4.5%
56.1%
0.5%
0.2%
56.8%
16.2%
0.0%
15.9%
#N/A
#N/A
16.4%
8,478
0
8,450
28
14
8,492
72.4%
0.8%
0.0%
0.0%
72.1%
1.1%
0.2% -100.0%
0.1% -100.0%
72.5%
0.6%
8,547
0
8,547
0
0
8,547
72.5%
0.0%
72.5%
0.0%
0.0%
72.5%
0
65,970
446,662
634
54,082
1,263
567,348
0.0%
1.1%
7.8%
0.0%
0.9%
0.0%
9.9%
6.8%
0.0%
0.0%
#N/A
#N/A
#N/A
10.5%
1,407
0
0
17
33
33
1,457
12.0% -100.0%
0.0% #N/A
0.0% #N/A
0.1%
5.9%
0.3%
9.1%
0.3%
9.1%
12.4% -16.6%
0
620
541
18
36
36
1,215
0.0%
5.3%
4.6%
0.2%
0.3%
0.3%
10.3%
-20.6%
0.0%
0.0%
-48.8%
-48.2%
-48.2%
-20.9%
Interest on due from banks
Interest onFed funds sold & resales
Trading account income
Total interest income (TE)
55.3%
8,137
30.2%
44,290
-13.0%
2,374
-2.5% 4,455,182
0.1%
0.7%
0.0%
71.9%
-33.1%
5,447
-71.4%
12,664
-38.2%
1,467
-13.6% 3,851,363
0.1%
0.2%
0.0%
67.0%
0.0%
79.9%
0.0%
18.9%
0
858
0
10,807
0.0%
7.3%
0.0%
92.2%
#N/A
-49.0%
0.0%
-5.6%
7
438
0
10,207
0.1%
3.7%
0.0%
86.6%
Interest Expense:
Int on Deposits held in foreign offices
Interest on CD's over $100M
Interest on All Other Deposits:
Total interest expense on deposits
63.7% 111,622
8.4% 211,127
25.7% 1,286,558
25.1% 1,609,307
1.8%
3.4%
20.8%
26.0%
-51.7%
53,928
-28.4% 151,082
-22.7% 993,952
-25.5% 1,198,962
0.9%
2.6%
17.3%
20.8%
0.0%
45.1%
18.9%
24.8%
0
820
2,320
3,140
0.0%
7.0%
19.8%
26.8%
0.0%
-2.6%
-7.0%
-5.8%
0
799
2,158
2,957
0.0%
6.8%
18.3%
25.1%
Interest on Fed funds purchased & resale 22.5% 168,549
Interest on Trad Liab & Oth Borrowings
-37.7% 473,858
Interest on mortgages & leases
0.0%
0
Interest on Sub. Notes & Debentures
14.9%
84,270
Total interest expense
3.5% 2,335,984
2.7%
7.7%
0.0%
1.4%
37.7%
-41.0%
99,507
-38.3% 292,561
0.0%
0
-10.8%
75,145
-28.7% 1,666,175
1.7% 190.0%
5.1%
0.0%
0.0%
0.0%
1.3%
0.0%
29.0% 26.1%
58
0
0
0
3,198
0.5%
0.0%
0.0%
0.0%
27.3%
-34.5%
0.0%
0.0%
0.0%
-6.3%
38
0
0
0
2,995
0.3%
0.0%
0.0%
0.0%
25.4%
34.2%
3.1% 2,185,188
38.0%
7,609
65.0%
-5.2%
7,212
61.2%
-8.3% 2,119,198
5.3% -100.0%
0.0% #N/A
0.0% #N/A
0.0% -19.8%
0.0% 3257.0%
0.0% -21.6%
5.3%
71.5%
—— HISTORICAL——
12/31/00 % of
% Cha $ 1,000 Total
Other security inc. (data prior to 12/31/00)
U.S. Treasury & Agency securities
Mortgage Backed Securities
Estimated tax benefit
All other securities income
Memo: Tax-Exempt Securities Income
Investment Interest Income (TE)
Net interest income (TE)
328,410
0
0
791
1,611
1,611
330,812
62.1%
3.4%
64.9%
0.5%
0.3%
65.7%
COMMUNITY NATIONAL BANK
16.1%
Income statement (noninterest income and expenses):
PNC and Community National Bank
PNC BANK, NATIONAL ASSOCIATION
COMMUNITY NATIONAL BANK
Income Statement
—— HISTORICAL——
12/31/00
% of
% Cha
$ 1,000
Total
Noninterest Income:
Fiduciary Activities
Deposit service charges
Trading revenue
Other foreign transactions
Other noninterest income
Total noninterest income
21.7% 771,456
3.9% 335,720
-190.8%
34,225
0.0%
0
-47.4% 576,427
-14.7% 1,717,828
12.5%
5.4%
0.6%
0.0%
9.3%
27.7%
-52.6% 365,434
6.0% 355,931
132.3%
79,504
0.0%
0
69.3% 975,630
3.4% 1,776,499
6.4%
6.2%
1.4%
0.0%
17.0%
30.9%
0.0%
1.2%
0.0%
0.0%
-66.4%
-25.0%
0
750
0
0
158
908
-11.3% 3,837,026
62.0%
3.2% 3,961,687
68.9%
9.7%
8,517
72.7%
Non-Interest Expenses:
Personnel expenses
-9.9% 978,446
Occupancy expense
-30.5% 279,144
Other operating expense (incl. intangibles) -0.9% 931,085
Total Noninterest Expenses
-9.8% 2,188,675
15.8%
4.5%
15.0%
35.3%
7.9% 1,055,515
8.7% 303,353
15.7% 1,077,052
11.3% 2,435,920
18.4%
5.3%
18.7%
42.4%
7.6%
6.8%
5.8%
6.9%
3,100
806
1,526
5,432
Provision: Loan & Lease Losses
Pretax Operating Income (TE)
-15.1% 133,000
-13.1% 1,515,351
2.1%
24.5%
575.7%
-58.6%
898,743
627,024
15.6%
10.9%
40.8%
13.5%
0.0%
0
-116.6%
19,561
-5.5% 1,534,912
0.0%
0.3%
24.8%
0.0%
533.8%
-51.1%
0
123,985
751,009
0.0%
0.0%
2.2% -100.0%
13.1% 17.1%
511,194
16,493
0
527,687
8.3%
0.3%
0.0%
8.5%
-49.0%
-14.9%
0.0%
-48.0%
260,608
14,029
0
274,637
4.5%
0.2%
0.0%
4.8%
Net Operating Income
-4.7% 1,007,225
16.3%
-52.7%
476,372
Net Extraordinary Items
Net Income
0.0%
0
-4.7% 1,007,225
0.0%
16.3%
#N/A
-53.2%
(4,640)
471,732
Adjusted Operating Income (TE)
Realized G/L Hld-to-Maturity Sec.
Realized G/L Avail-for-Sale Sec.
Pretax Net Operating Income (TE)
Applicable Income Taxes
Current Tax Equivalent Adjustment
Other Tax Equivalent Adjustments
Applicable Income Taxes (TE)
Cash Dividends Declared
Retained Earnings
Memo: Net International Income
Memo: Total operating income
Memo: Net operating income
-7.0%
-11.6%
0.0%
-7.1%
-40.1%
-1333.4%
0.0%
650,000
357,225
0
-4.2% 6,192,571
-11.3% 3,837,026
—— HISTORICAL——
12/31/01
% of
% Cha
$ 1,000
Total
—— HISTORICAL——
12/31/00 % of
% Cha $ 1,000 Total
—— HISTORICAL——
12/31/01 % of
% Cha $ 1,000 Total
0
830
0
0
744
1,574
0.0%
7.0%
0.0%
0.0%
6.3%
13.4%
3.2%
8,786
74.6%
26.5%
6.9%
13.0%
46.4%
25.5%
32.0%
18.1%
24.4%
3,892
1,064
1,802
6,758
33.0%
9.0%
15.3%
57.4%
200
2,885
1.7%
24.6%
86.0%
-42.6%
372
1,656
3.2%
14.1%
0
0
2,885
0.0%
0.0%
24.6%
0.0%
0.0%
-42.6%
0
0
1,656
0.0%
0.0%
14.1%
5.6%
#N/A
0.0%
9.0%
974
31
0
1,005
8.3%
0.3%
0.0%
8.6%
-50.4%
-41.9%
0.0%
-50.1%
483
18
0
501
4.1%
0.2%
0.0%
4.3%
8.3%
22.0%
1,880
16.0%
-38.6%
1,155
9.8%
-0.1%
8.2%
0.0%
22.0%
0
1,880
0.0%
16.0%
0.0%
-38.6%
0
1,155
0.0%
9.8%
10.5%
61.5% 1,050,000
18.3%
5.8% -261.9% (578,268) -10.1%
0.0%
0.0%
0
0.0%
-6.1%
35.1%
0.0%
460
1,420
0
3.9%
12.1%
0.0%
-21.7%
-44.0%
0.0%
360
795
0
3.1%
6.7%
0.0%
14.6%
9.7%
11,715
8,517
100.0%
72.7%
0.6%
3.2%
11,781
8,786
100.0%
74.6%
100.0%
62.0%
-7.1% 5,751,847
3.2% 3,961,687
100.0%
68.9%
0.0%
0.0%
6.4% 10.7%
0.0%
0.0%
0.0%
0.0%
1.3% 370.9%
7.8% 73.3%
Interest income
…the sum of interest and fees earned on all
of a bank's assets.
 Interest income includes interest from:
 Loans
 Deposits
held at other institutions,
 Municipal and taxable securities, and
 Investment and trading account
securities.
Noninterest expense
…composed primarily of:
 Personnel expense:
 salaries
and fringe benefits paid to
bank employees,
 Occupancy expense :
 rent
and depreciation on equipment
and premises, and
 Other operating expenses:
 utilities
and
 deposit insurance premiums.
Non-interest expense
 Expenses and loan losses directly
effect the balance sheet.
 The greater the size of loan portfolio,
the greater is operating overhead and
PLL.
 Consumer loans are usually smaller
and hence more expensive (noninterest) per dollar of loans.
Return on equity (ROE = NI / TE)
… the basic measure of stockholders’ returns
 ROE is composed of two parts:
 Return

represents the returns to the assets the
bank has invested in.
 Equity

on Assets (ROA = NI / TA),
Multiplier (EM = TA / TE),
the degree of financial leverage
employed by the bank.
Return on assets (ROA = NI / TA)
…can be decomposed into two parts:
 Asset utilization (AU) → income generation
 Expense ratio (ER) → expense control
 ROA
=
=
AU ER
(TR / TA) - (TE / TA)
Where:
TR = total revenue or total operating income
= Int. inc. + non-int. inc. + SG(L) and
TE = total expenses
= Int. exp. + non-int. exp. + PLL + Taxes
ROA is driven by the bank’s ability to:
…generate income (AU) and control expenses (ER)
 Income generation (AU) can be found on
the UBPR (page 1) as:
Int. Inc. Non. int. Inc. Sec gains (losses)
AU 


TA
TA
TA
 Expense Control (ER) can be found on the
UBPR (page 1) as:
Int . Exp . Non  int . Exp . PLL
*
ER 


TA
TA
TA
 Note, ER* does not include taxes.
Bank Performance Model
Returns to
Shareholders
ROE = NI / TE
Interest
Rate
Composition (mix)
Volume
INCOME
Fees and Serv Charge
Non Interest
Trust
Other
Return to the Bank
ROA = NI / TA
Rate
Interest
Composition (mix)
Volume
EXPENSES
Overhead
Salaries and Benefits
Occupancy
Degree of Leverage
EM = 1 / (TA / TE)
Prov. for LL
Taxes
Other
Expense ratio (ER = Exp / TA)
… the ability to control expenses.
 Interest expense / TA
 Cost per liability (rate)
 Int. exp. liab. (j) / $ amt. liab. (j)
 Composition of liabilities
 $ amt. of liab. (j) / TA
 Volume of debt and equity
 Non-interest expenses / TA
 Salaries and employee benefits / TA
 Occupancy expenses / TA
 Other operating expense / TA
 Provisions for loan losses / TA
 Taxes / TA
Asset utilization (AU = TR / TA):
… the ability to generate income.
 Interest Income / TA
 Asset yields (rate)
 Interest income asset (i) / $ amount of asset (i)
 Composition of assets (mix)
 $ amount asset (i) / TA
 Volume of Earning Assets
 Earning assets / TA
 Non interest income / TA
 Fees and Service Charges
 Securities Gains (Losses)
 Other income
Aggregate profitability measures
 Net interest margin
 NIM = NII / earning assets (EA)
 Spread
 Spread = (int inc / EA)  (int exp / int bear. Liab.)
 Earnings base
 Eb = ea / ta
 Burden / TA
 (Noninterest exp. - Noninterest income) / TA
 Efficiency ratio
 Non int. Exp. / (Net int. Inc. + Non int. Inc.)
Financial ratios
…PNC and Community National Bank
UBPR for PNC
UBPR
Risk Ratios
Pg #
PNC BANK, NATIONAL ASSOCIATION
Dec-00
Dec-01
UBPR
PEER1 CALC
UBPR
PEER1
COMMUNITY NATIONAL BANK
Dec-00
Dec-01
UBPR
PEER7 CALC
UBPR
PEER7
Profitability Ratios
ROE: Net Income / Average total equity
11
ROA: Net Income / Avg TA
1
AU: Total Revenue / Avg TA
1 calc
ER: Total expenses (less Taxes) / Avg TA
1 calc
Memo: PM: Net Income / Total Revenue
1 calc
EM: Avg. TA / Avg, Total Equity
6 calc
EB: Earning Assets / Avg TA
6
NIM: Net interest margin (te)
1
Spread (te)
3 calc
Efficiency Ratio
1 calc
Burden / Avg. Total Assets
1 calc
Non Interest Income / Noninterest exp.1 calc
EXPENSES:
ER*: Expense ratio components
Total Interest expense / Avg. TA
1
Memo: Interest expense / Avg. Earn assets
1
Noninterest Expenses / Avg. TA
1
Personnel expenses
3
Occupancy expense
3
Other operating expense (incl. intangibles)
3
Provision: Loan & Lease Losses / Avg. TA
1
Income Taxes / Avg. TA
1 calc
18.94%
1.50%
9.24%
6.96%
16.23%
12.63x
86.95%
3.58%
3.11%
57.17%
-0.71%
78.29%
13.82%
1.09%
9.19%
7.47%
11.86%
12.50x
89.02%
3.76%
3.14%
59.44%
-1.25%
60.69%
9.31%
0.74%
9.06%
7.88%
8.38%
12.41x
85.76%
4.05%
3.62%
61.49%
-1.04%
72.93%
9.37%
0.77%
9.10%
7.88%
8.46%
12.12x
85.13%
3.95%
3.44%
61.15%
-1.04%
72.92%
13.68%
1.12%
8.27%
6.54%
13.54%
11.88x
88.31%
3.71%
3.31%
59.51%
-1.22%
61.39%
20.28%
1.44%
9.00%
6.77%
16.00%
14.51x
90.38%
6.41%
4.99%
63.66%
-3.47%
16.79%
13.06%
1.14%
8.79%
7.08%
12.97%
11.45x
91.57%
4.74%
3.89%
63.64%
-2.49%
25.89%
10.98%
0.81%
8.29%
7.13%
9.80%
13.96x
90.36%
5.44%
4.02%
76.92%
-3.65%
23.29%
11.04%
0.82%
8.30%
7.13%
9.88%
13.72x
89.65%
5.59%
4.27%
76.90%
-3.65%
23.32%
11.81%
1.07%
8.24%
6.69%
12.99%
11.11x
91.52%
4.49%
3.75%
65.35%
-2.39%
28.01%
6.96%
3.49%
3.94%
3.27%
1.46%
0.42%
1.39%
0.20%
0.78%
7.47%
3.90%
4.31%
3.18%
1.35%
0.41%
1.37%
0.39%
0.63%
7.88%
0.00%
2.62%
3.09%
3.84%
1.66%
0.48%
1.70%
1.42%
0.43%
7.88%
2.62%
2.98%
3.84%
1.66%
0.48%
1.70%
1.42%
0.45%
6.54%
2.90%
3.21%
3.16%
1.39%
0.39%
1.31%
0.48%
0.61%
6.77%
2.45%
2.69%
4.17%
2.38%
0.62%
1.17%
0.15%
0.79%
7.08%
3.51%
3.78%
3.36%
1.77%
0.52%
1.06%
0.21%
0.57%
7.13%
0.00%
2.11%
2.26%
4.76%
2.74%
0.75%
1.27%
0.26%
0.35%
7.13%
2.11%
2.32%
4.76%
2.74%
0.75%
1.27%
0.26%
0.35%
6.69%
3.14%
3.39%
3.32%
1.77%
0.50%
1.04%
0.23%
0.48%
Interest expense
…composition, rate and volume effects for
PNC and Community National Bank
PNC BANK, NATIONAL ASSOCIATION
UBPR
Dec-00
Dec-01
Pg # UBPR
PEER1 CALC UBPR PEER1
COMMUNITY NATIONAL BANK
Dec-00
Dec-01
UBPR PEER7 CALC UBPR PEER7
Profitability Ratios
Interest Expense: Composition, Rate and Volume Effects
Rate: Avg, interest cost of liabilities
3
4.41%
Memo: Interest expense / Earning assets
1
3.94%
Volume: All Interest bearing debt (avg.) / Avg. TA
1
79.02%
Mix and Cost of Individual Liabilities:*
Total deposits (avg.) / Avg. TA:
6
67.28%
Cost (rate): Int bearing Total deposits
3
4.23%
Core deposits (avg.) / Avg. TA
6
58.74%
Trans (NOW & ATS) Accounts (avg.) / Avg. TA 6
1.77%
Cost (rate): Trans (NOW & ATS) Accts*
3
2.98%
Money mkt deposit accounts (avg.) / Avg. TA
6
28.31%
Other savings deposits (avg.) / Avg. TA
6
2.97%
Cost (rate): Other savings deposits*
3
1.62%
Time deposits under $100M (avg.) / Avg. TA
6
15.69%
Cost (rate): All other time dep. (CD < $100M)* 3
5.82%
Memo: S.T. non core funding (avg.) / Avg. TA
6
17.48%
Memo: Volatile liabilities (avg.) / Avg. TA
calc
18.66%
Large certificates of dep (inc. brokered) (avg.) / Avg.
6
TA4.85%
Cost (rate): CD's over $100M
3
6.30%
Deposits held in foreign offices (avg.) / Avg. TA 6
3.69%
Cost (rate): Deposits held in foreign offices
3
6.31%
Fed funds purchased & resale (avg.)/ Avg. TA 6
2.28%
Cost (rate): Fed funds purchased & resale
3
7.37%
Memo: All brokered deposits (avg.) / Avg. TA
6
0.60%
All common and preferred capital (avg.) / Avg. TA 6
7.92%
4.94% 3.52%
3.49% 3.65%
4.11% 4.63% 3.67%
3.64% 4.13%
4.31% 3.09%
2.98% 3.21%
2.69% 3.78% 2.26%
2.32% 3.39%
79.45% 75.34% 75.29% 79.81% 59.78% 75.83% 55.52% 57.90% 76.04%
66.58%
4.41%
49.81%
1.28%
2.32%
16.97%
7.07%
2.06%
12.38%
5.79%
28.81%
30.00%
8.38%
5.92%
6.39%
4.72%
8.61%
6.17%
2.29%
8.00%
73.44%
3.08%
65.14%
2.11%
#N/A
33.50%
2.98%
#N/A
14.94%
#N/A
12.07%
13.42%
4.56%
5.27%
3.74%
2.29%
1.72%
9.18%
1.40%
8.06%
70.93%
3.18%
63.74%
1.96%
2.17%
33.11%
2.95%
2.08%
14.77%
5.21%
11.02%
12.27%
4.37%
5.46%
2.83%
4.13%
2.28%
4.19%
1.41%
8.25%
66.78%
3.30%
51.70%
1.36%
1.96%
20.14%
7.53%
2.00%
11.46%
5.31%
26.65%
26.21%
7.66%
4.94%
5.09%
2.58%
8.93%
3.80%
2.12%
8.42%
91.91%
4.08%
81.11%
6.43%
1.42%
20.29%
4.26%
2.57%
16.86%
5.34%
10.25%
11.53%
10.79%
5.55%
0.00%
0.00%
0.74%
5.80%
0.00%
6.89%
85.51%
4.54%
73.32%
9.78%
2.11%
12.44%
8.43%
2.54%
25.15%
5.63%
13.37%
14.06%
11.56%
5.81%
0.00%
0.00%
1.47%
4.40%
0.13%
8.73%
91.90%
3.67%
81.59%
9.19%
#N/A
15.48%
4.07%
#N/A
15.79%
#N/A
9.90%
10.99%
10.31%
5.28%
0.00%
#N/A
0.68%
3.80%
0.00%
7.17%
91.65%
3.64%
80.85%
7.16%
0.90%
18.01%
4.21%
2.40%
16.27%
5.60%
10.30%
11.49%
10.80%
5.09%
0.00%
0.00%
0.69%
3.80%
0.00%
7.29%
85.39%
4.09%
72.12%
9.59%
1.65%
12.55%
8.07%
2.74%
24.90%
5.44%
13.59%
14.48%
12.62%
5.38%
0.00%
0.00%
1.20%
2.53%
0.23%
9.00%
Interest income
…composition, rate and volume effects for
PNC and Community National Bank
UBPR
Pg #
PNC BANK, NATIONAL ASSOCIATION
Dec-00
Dec-01
UBPR
PEER1 CALC
UBPR
PEER1
COMMUNITY NATIONAL BANK
Dec-00
Dec-01
UBPR
PEER7 CALC
UBPR
PEER7
Profitability Ratios
Interest Income: Composition, Rate and Volume Effects
Rate: Avg, yield on Avg, TA
Memo: Avg. yield on earn. assets (rate) 1
7.52%
Volume: Earn assets (avg.) / Avg, TA
6
86.95%
Non earning assets (avg.) / Avg. TA
13.05%
Mix and Cost of Individual Assets:*
Total Loans (Gross loans less unearned inc.)
6 (avg.)
76.87%
/ Avg.
Yield (rate): Total Loans & Leases (te) 3
7.90%
Total Investments (avg.) / Avg. TA:
6-calc
11.04%
Yield (rate): Total investment securities
3 (TE): 4.98%
Yield (rate): Total investment securities
3 (Book):
4.97%
Interest bearing bank balances (avg.) / 6
Avg. TA0.18%
Yield (rate): Interest bearing bank balances
3
7.02%
Fed funds sold & resales (avg.) / Avg. TA
6
1.01%
Yield (rate): Fed funds sold & resales 3
6.30%
Trading account assets (avg.) / Avg. TA 6
0.33%
Held-to Maturity Securities (avg.) / Avg. 6TA
0.00%
Available-for-Sale-Securities (avg.) / Avg.
6 TA 9.52%
8.08%
89.02%
10.71%
7.14%
85.76%
14.24%
6.93% 6.96%
85.13% 88.31%
14.88% 11.42%
9.10% 8.52% 7.69%
90.38% 91.57% 90.36%
9.62% 8.15% 9.64%
7.91% 7.88%
89.65% 91.52%
10.34% 8.19%
TA
64.18%
8.63%
21.38%
6.72%
6.57%
0.84%
5.95%
2.34%
6.33%
1.09%
1.12%
15.99%
71.87%
7.29%
14.89%
6.58%
6.58%
0.26%
3.35%
0.41%
4.88%
0.52%
0.00%
13.70%
69.69% 63.43%
7.29% 7.44%
16.46% 21.89%
5.55% 6.28%
5.54% 6.13%
0.20% 0.82%
5.33% 4.87%
0.58% 3.43%
3.86% 3.82%
0.59% 1.18%
0.00% 0.71%
15.09% 15.75%
61.49% 65.48% 65.83%
10.42% 9.37% 9.06%
29.42% 23.93% 25.06%
6.20% 6.47% 4.49%
6.13% 6.12% 4.42%
0.00% 0.33% 0.17%
0.00% 3.99% #N/A
12.24% 2.61% 6.46%
6.22% 6.15% 4.62%
0.00% 0.00% 0.00%
9.22% 3.60% 5.75%
7.96% 17.39% 12.67%
65.47% 65.94%
9.06% 8.71%
24.71% 23.45%
5.13% 6.17%
5.05% 5.80%
0.14% 0.58%
4.44% 2.93%
7.79% 3.85%
3.99% 3.50%
0.00% 0.00%
5.28% 2.71%
11.50% 16.31%
Fundamental risks :
 Credit risk
 Liquidity risk
 Market risk
 Operational risk
 Capital or solvency risk
 Legal risk
 Reputational risk
Credit risk
…the potential variation in net income and
market value of equity resulting from
nonpayment or delayed payment.
 Three Question need to be addressed:
1.
What has been the loss experience?
2.
What amount of losses do we expect?
3.
How prepared is the bank?
Credit ratios to consider
 What has been the loss experience?
 Net loss to average total LN&LS
 Gross losses to average total LN&LS
 Recoveries to avg tot LN&LS
 Recoveries to prior period losses.
 Net losses by type of LN&LS
 What amount of losses do we expect?
 Non-current LN&LS to tot loans
 Total P/D LN&LS - incl nonaccural
 Non-curr restruc LN&LS / GR LN&LS
 Curr-Non-curr restruct / GR LN&LS
 Past due by loan type
Credit ratios to consider (continued)
 How prepared are we?
 Loss
Provision to: average assets and
avg tot LN&LS
 LN&LS Allowance to: net losses and
total LN&LS
 Earnings coverage of net loss
Credit risk ratios :
PNC and Community National
UBPR
RISK RATIOS
Credit Risk
Gross loss / Avg. Tot LN&LS
Net loss / Avg. Tot LN&LS
Recoveries / Avg. Tot LN&LS
Recoveries to prior credit loss
Pg #
PNC BANK, NATIONAL ASSOCIATION
Dec-00
Dec-01
UBPR
PEER1 CALC
UBPR
PEER1
7
7
7
7
0.35%
0.26%
0.09%
23.51%
0.56%
0.43%
0.12%
30.12%
2.19%
2.11%
0.08%
19.8%
0.00%
2.19% 0.76%
2.11% 0.63%
0.08% 0.12%
19.78% 26.90%
90 days past due / EOP LN&LS
Total Nonaccrual LN&LS / EOP LN&LS
Total Noncurrent / EOP LN&LS
8A
8A
8A
0.25%
0.71%
0.96%
0.19%
0.74%
0.99%
0.42%
0.63%
1.05%
0.42%
0.63%
1.05%
LN&LS Allowance to total LN&LS
LN&LS Allowance / Net losses
Earn Coverage of net losses
Net Loan and lease growth rate
7
7
7
1
1.30%
4.90x
12.32x
-5.23%
1.48% 1.49%
4.60x
0.64x
11.46x
1.60x
26.93% -19.18%
0.00%
1.49%
0.64x
1.62x
-19.18%
0.23%
0.97%
1.31%
COMMUNITY NATIONAL BANK
Dec-00
Dec-01
UBPR PEER7 CALC
UBPR
PEER7
0.33% 0.22%
0.31% 0.16%
0.02% 0.05%
6.33% 31.64%
0.27%
0.24%
0.02%
8.5%
0.00%
0.27% 0.27%
0.24% 0.21%
0.02% 0.05%
8.52% 33.01%
0.32%
0.05%
0.38%
2.49%
0.42%
2.91%
2.49%
0.42%
2.91%
0.13%
0.40%
0.59%
0.16%
0.49%
0.71%
1.62%
0.79% 1.23% 0.82%
0.82% 1.24%
3.13x 276.00% 15.34x
3.71x 371.00% 12.71x
6.93x 1193.0% 33.17x
8.78x 883.00% 27.11x
8.39% 17.48% 16.13% 15.18%
0.00% 15.18% 12.18%
Liquidity risk
…the variation in net income and market value of
equity caused by a bank's difficulty in obtaining
cash at a reasonable cost from either the sale of
assets or new borrowings.

Banks can acquire liquidity in two distinct
ways:
1.
By liquidation of assets.


2.
Composition of investments
Maturity of investments
By borrowing.


Core deposits
Volatile deposits
Liquidity risk ratios :
PNC and Community National
UBPR
RISK RATIOS
Pg #
PNC BANK, NATIONAL ASSOCIATION
Dec-00
Dec-01
UBPR
PEER1 CALC
UBPR
PEER1
Liquidity Risk
%Total (EOP) Assets (except where noted)
Total equity
11
8.31%
8.03% 7.81%
Core deposits
10
63.61% 49.59% 65.14%
S.T Non-core funding
10
14.37% 28.27% 58.15%
Avg. Volatile liabilities (% Avg, TA)
6 calc
18.66% 30.00% 13.41%
Net loans & leases / Total Deposits
10
107.19% 96.26% 85.91%
Net loans & leases / Core Deposits
10
122.68% 137.94% 95.43%
Avg. Available for sale securities / Avg. TA6
9.52% 15.99% 13.70%
Short-term investments
10
0.66%
5.81% #N/A
Pledged securities
10
74.50% 55.99% #N/A
0.00%
7.81%
66.70%
9.74%
12.27%
85.91%
95.43%
15.09%
0.74%
45.01%
8.36%
52.73%
25.13%
26.21%
93.01%
123.0%
15.75%
6.74%
52.38%
COMMUNITY NATIONAL BANK
Dec-00
Dec-01
UBPR PEER7 CALC
UBPR
PEER7
7.30%
81.21%
9.99%
11.53%
70.76%
79.90%
7.96%
12.30%
50.66%
8.86%
72.77%
13.45%
14.06%
76.78%
90.91%
17.39%
6.72%
41.89%
7.05%
81.59%
82.85%
11.00%
71.32%
80.17%
12.67%
#N/A
#N/A
0.00%
7.05%
81.92%
9.82%
11.49%
71.32%
80.17%
11.50%
8.50%
34.27%
8.92%
72.29%
13.31%
14.48%
77.33%
92.11%
16.31%
6.44%
38.82%
Market risk
…the risk to a financial institution’s
condition resulting from adverse movements
in market rates or prices .
 Market risk arises from changes in:
 Interest
rates
 Foreign exchange rates
 Equity and security prices.
Interest rate risk
…the potential variability in a bank's net
interest income and market value of equity
due to changes in the level of market
interest rates.
Example: $10,000 Car loan
4 year Car loan at
8.5%
1 year CD at
4.5%
Spread
4.0%
But for How long?
 Funding GAP
GAP = $RSA - $RSL,
where $RSA = $ amount of assets which will mature or
reprice in a give period of time.
 In this example:
GAP3m = $0.00 - $10,000 = - $10,000
This is a negative GAP.
Foreign exchange risk
… the risk to a financial institution’s
condition resulting from adverse movements
in foreign exchange rates.
 Foreign exchange risk arises from changes
in foreign exchange rates that affect the
values of assets, liabilities, and off-balance
sheet activities denominated in currencies
different from the bank’s domestic (home)
currency.
 This risk is often found in off-balance sheet
loan commitments and guarantees
denominated in foreign currencies; foreign
currency translation risk.
Equity and security price risk
…change in market prices, interest rates and
foreign exchange rates affect the market values of
equities, fixed income securities, foreign currency
holdings, and associated derivative and other offbalance sheet contracts.
 Large banks must conduct value-at-
risk analysis to assess the risk of loss
with their trading account portfolios.
Operational risk
…measures the cost efficiency of the bank's
activities; i.e., expense control or productivity.
 Typical ratios focus on:



total assets per employee
total personnel expense per employee
noninterest expense ratio
 There is no meaningful way to estimate the
likelihood of fraud or other contingencies
from published data
 A bank’s operating risk is closely related to
its operating policies and processes and
whether is has adequate controls
Operational risk ratios:
PNC and Community National
UBPR
RISK RATIOS
Pg #
Operational Risk
Total Assets / Number of employees
3
Personnel expense / number of employees
3
Efficiency ratio
1 calc
Marginal tax rate
3
Overhead less noninterest income / Avg TA
3
PNC BANK, NATIONAL ASSOCIATION
Dec-00
Dec-01
UBPR
PEER1 CALC
UBPR
PEER1
0.00%
0.00%
COMMUNITY NATIONAL BANK
Dec-00
Dec-01
UBPR PEER7 CALC
UBPR
PEER7
0.00%
0.00%
3,840x
59.40x
57.17%
35.00%
0.70%
2,250x 2,630x 2,404x
50.82x 41.82x 59.88x
63.66% 63.64% 76.92%
34.00% 0.00% #N/A
3.47% 2.45% 3.65%
4,780x 3,923x
55.47x 66.14x
59.44% 61.49%
0.00% #N/A
1.17% 1.04%
3,920x 4,730x
66.14x 58.28x
61.15% 59.51%
35.00% 0.00%
1.04% 1.15%
2,400x 2,720x
59.88x 43.83x
76.90% 65.35%
34.00% 0.00%
3.65% 2.35%
Capital risk
… closely tied to asset quality and a bank's
overall risk profile
 The more risk taken, the greater is the
amount of capital required.
 Appropriate risk measures include all the
risk measures discussed earlier as well as
ratios measuring the ratio of:



tier 1 capital and total risk based capital to
risk weighted assets,
equity capital to total assets,
dividend payout, and growth rate in tier 1
capital.
Definitions of capital
 Tier 1 capital is:
 total common equity capital plus
noncumulative preferred stock, plus minority
interest in unconsolidated subsidiaries, less
ineligible intangibles.
 Risk weighted assets are:
 the total of risk adjusted assets where the
risk weights are based on four risk classes of
assets.
 Importantly, a bank's dividend policy affects
its capital risk by influencing retained
earnings.
Capital risk ratios :
PNC and Community National
UBPR
RISK RATIOS
Pg #
Capital Risk
Tier 1 Capital / Risk-weighted assets
Total RBC / Risk weighted Assets
Tier 1 Leverage Capital / Total Assets
Equity Capital / Total Assets
Dividend Payout
Growth rate in total equity capital
Equity growth less asset growth
11A
11A
11A
11
11
11
11
PNC BANK, NATIONAL ASSOCIATION
Dec-00
Dec-01
UBPR
PEER1 CALC
UBPR
PEER1
0.00%
COMMUNITY NATIONAL BANK
Dec-00
Dec-01
UBPR PEER7 CALC
UBPR
PEER7
0.00%
9.34%
12.15%
8.77%
8.31%
64.53%
-5.23%
2.10%
11.80%
12.64%
7.31%
7.30%
24.47%
17.68%
3.33%
8.49% 8.73%
8.69% 9.20%
11.21% 12.24% 12.19% 12.03%
7.04% 7.55%
7.65% 7.12%
8.03% 7.81%
7.81% 8.36%
64.59% 222.58% 211.54% 68.90%
32.87% -6.92%
-6.92% 19.03%
4.78% -6.01%
-6.01% 3.39%
0.00%
12.38% 10.73%
13.48% 11.58%
8.71% 6.91%
8.86% 7.05%
34.72% 31.17%
15.95% 9.78%
2.72% -4.02%
0.00%
10.73%
11.58%
7.02%
7.05%
30.85%
9.78%
-4.02%
12.37%
13.48%
8.65%
8.92%
33.65%
11.09%
-0.32%
Legal risk
…the potential that unenforceable contracts,
lawsuits, or adverse judgments can disrupt or
otherwise negatively affect the operations or
condition of banking organization
 Legal risk include:
 Compliance
risks
 Strategic risks
 General liability issues
Reputational risk
 Reputational risk is the potential that
negative publicity regarding an
institution’s business practices,
whether true or not, will cause a
decline in the customer base, costly
litigation, or revenue reductions.
(UBPR users manual)
UBPR format
http://www.ffiec.gov/UBPR.htm
 Cover page

00
Contains basic descriptive information on the bank, its location,
charter and certification numbers, and a brief description of the peer
group included.
 Summary Ratios


01
Basic summary information on the bank include return on assets;
interest and non-interest income and expenses as a percentage of
assets.
Risk summary measures on the loan portfolio; liquidity;
capitalization; and growth rates are also included.
 Income Information

Income Statement - Revenues and Expenses


02
Detailed income statement, in $1,000 of dollars.
Noninterest Income and Expenses and Yields 03


On this page the FDIC mixes additional detail on noninterest income
and expenses in $1,000 of dollars with ratio (% of assets) of these
same numbers.
In addition, the average rates on, or yields of assets and costs of
liabilities, are include in the bottom half of the page.
UBPR format
 Balance Sheet Information:

Balance Sheet - Assets, Liabilities & Capital





05A
This is one of many pages that provide additional detail for items
from the previous page.
Dollar amounts of derivative contracts and percent of total ratios
are provided.
Derivatives Analysis

05
Both dollar amounts and ratios, each off-balance sheet item as a
percent of total off-balance sheet items.
Derivatives Analysis


Basic balance sheet detail in $1,000 of dollars.
Off-Balance Sheet Items

04
05B
notional value of derivatives.
Balance Sheet - % Composition of Assets & Liab.06



Basic common size analysis.
The balance sheet is presented in percentage of total assets.
Very useful for evaluating the mix of assets and liabilities.
UBPR format
 Balance Sheet Information:

Analysis of Loan & Lease Allowance and Loan Mix






08
The dollar amount of past due, nonaccrual, restructured and other
real estate owned (OREO) is provided.
Ratios, detailing the percentage of non-current loans, by type, for
past due and nonaccrual loans is provided.
Analysis of Past Due, Nonaccrual & Restructured LN&LS

07A
Ratios detailing the loan mix (each loan category as a percentage of
total loans) as well as information on mortgage serving assets.
Analysis of Past Due, Nonaccrual & Restructured LN&LS


Reconciliation of the Loan and Lease (LN&LS) allowance is provided
in $1,000 of dollars.
Ratios on the provisions for loan losses (loss provision), LN&LS
allowance, gross losses, recoveries, and net losses by loan type are
provided as well.
Analysis of Loan & Lease Allowance and Loan Mix

07
08A
Memoranda Information
Additional detail in dollars and percentage of non-current real estate
loans.
UBPR format
 Balance Sheet Information:

Interest Rate Risk Analysis as a Percent of Assets





10
Dollar amount of short term investments, debt securities and high
risk mortgage securities.
Liquidity ratios and the securities mix (percentage of total securities)
is provided as well.
Capital Analysis



Basic interest rate risk information.
Total interest bearing assets and liabilities and the net position (GAP)
for three month and one year repricing.
Liquidity and Investment Portfolio

09
Reconciliation of stockholders equity and the dollar amounts of
equity components.
Capital ratios, including return on equity (ROE), dividend payout, and
growth rates in capital components.
Risk-Based Capital Analysis



11
11A
The dollar amount of tier one and tire two capital and its components.
Dollar amount of risk-weighted assets and adjustments to riskweighted assets.
Risk-based capital and leverage capital ratios are provided as well.
UBPR format
 Balance Sheet Information:

Last-Four Quarters Income Analysis


Four quarter summary information which combines
information from page 01 and 03 on yield or cost of assets
and liabilities.
State Average Summary

12
STAVG
Summary ratios, similar to page 01 for state averages.
Page 01
SUMMARY RATIOS
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
12/31/2001
AVERAGE ASSETS ($000)
63,486,660
NET INCOME ($000)
491,731
NUMBER OF BANKS IN PEER GROUP
69
EARNINGS AND PROFITABILITY
PERCENT OF AVERAGE ASSETS:
INTEREST INCOME (TE)
- INTEREST EXPENSE
NET INTEREST INCOME (TE)
+ NONINTEREST INCOME
- NONINTEREST EXPENSE
- PROVISION: LOAN&LEASE LOSSES
= PRETAX OPERATING INCOME (TE)
+ REALIZED GAINS/LOSSES SEC
= PRETAX NET OPERATING INC (TE)
NET OPERATING INCOME
ADJUSTED NET OPERATING INCOME
NET INCOME ADJUSTED SUB S
NET INCOME
BANK PEER1
PCT
BANK PEER1
35
28
47
81
77
94
25
88
27
27
18
6.65
3.49
3.16
2.56
3.27
0.20
2.26
0.03
2.29
1.50
1.50
0.77
6.27
2.90
3.33
1.94
3.16
0.48
1.64
0.06
1.72
1.12
1.21
1.12
1.12
27
MARGIN ANALYSIS:
AVG EARNING ASSETS TO AVG ASSETS
AVG INT-BEARING FUNDS TO AVG AST
INT INC (TE) TO AVG EARN ASSETS
INT EXPENSE TO AVG EARN ASSETS
NET INT INC-TE TO AVG EARN ASSET
87.99
75.29
6.93
2.98
3.95
90.15
79.81
6.96
3.21
3.71
LOAN & LEASE ANALYSIS
NET LOSS TO AVERAGE TOTAL LN&LS
EARNINGS COVERAGE OF NET LOSS(X)
LN&LS ALLOWANCE TO NET LOSSES(X)
LN&LS ALLOWANCE TO TOTAL LN&LS
NON-CUR LN&LS TO GROSS LN&LS
2.11
1.62
0.64
1.49
1.05
LIQUIDITY
NET NON CORE FUND DEPENDENCE
NET LOANS & LEASES TO ASSETS
CAPITALIZATION
TIER ONE LEVERAGE CAPITAL
CASH DIVIDENDS TO NET INCOME
RETAIN EARNS TO AVG TOTAL EQUITY
RESTR+NONAC+RE ACQ TO EQCAP+ALLL
6.10
2.62
3.47
2.80
3.84
1.42
1.02
0.20
1.21
0.78
0.71
PNC BANK, NATIONAL ASSOCIATION
SUMMARY RATIOS
12/31/2000
66,975,064
1,007,226
70
PCT
PITTSBURGH, PA
12/31/1999
69,105,444
1,057,038
67
BANK PEER1
21
22
29
77
56
35
77
91
81
83
74
6.61
3.27
3.35
2.92
3.51
0.23
2.52
-0.17
2.35
1.53
1.53
1.50
7.32
3.90
3.40
1.93
3.18
0.39
1.78
-0.06
1.70
1.09
1.21
1.09
1.09
83
25
20
38
32
55
88.42
79.02
7.52
3.94
3.58
90.80
79.45
8.08
4.31
3.76
0.63
6.93
3.13
1.62
1.31
98
7
5
51
45
0.26
12.32
4.90
1.30
0.96
20.10
63.65
35.24
61.01
20
50
7.65
213.53
-10.64
4.80
7.12
69.27
3.50
7.06
74
97
1
35
12/31/1998
69,511,004
1,008,240
64
PCT
BANK PEER1
35
57
26
76
70
45
82
5
79
80
82
7.18
3.60
3.57
3.04
4.19
0.31
2.11
0.17
2.28
1.45
1.13
1.53
6.75
3.21
3.53
2.25
3.36
0.26
2.09
0.00
2.08
1.32
1.33
1.32
1.32
79
26
42
21
28
35
89.91
79.38
7.36
3.63
3.72
90.61
77.33
7.46
3.55
3.90
0.43
11.46
4.60
1.48
0.99
32
67
67
38
54
0.29
12.15
4.16
1.22
0.83
24.15
78.03
40.16
64.01
14
90
8.77
64.53
6.72
7.04
66.60
3.34
92
52
71
PAGE 01
4/1/02 5:31:48 PM
12/31/1997
58,915,553
900,886
58
BANK PEER1
8.09
3.98
4.12
2.33
3.98
0.11
2.36
0.07
2.42
1.53
1.19
1.45
7.04
3.47
3.59
2.14
3.47
0.28
1.94
0.04
1.99
1.27
1.31
1.27
1.27
1.53
7.17
3.45
3.75
2.06
3.52
0.27
2.04
0.03
2.07
1.33
1.32
1.33
1.33
38
64
36
58
26
90.75
79.00
7.91
3.97
3.94
90.70
76.06
7.79
3.83
3.97
90.42
78.26
8.95
4.40
4.55
90.73
75.17
7.92
3.80
4.14
0.42
11.19
4.27
1.44
0.76
38
67
54
27
60
0.79
3.76
1.62
1.25
0.95
0.42
11.02
4.92
1.52
0.77
0.59
5.34
3.51
1.76
1.03
0.42
13.98
5.94
1.65
0.78
35.98
76.30
40.47
63.77
42
88
36.42
79.69
36.79
62.99
37.04
75.42
33.62
61.74
7.65
102.74
-0.50
7.06
66.43
5.34
73
83
17
7.72
70.32
4.92
6.92
62.32
6.03
8.03
75.48
4.44
6.93
71.09
5.20
13.97
17.65
12.60
26.16
35.58
14
8
8
52
29
2.18
4.23
7.97
-49.54
-24.24
30.19
29.12
30.77
43.67
39.52
GROWTH RATES
ASSETS
-0.91
14.33
20
-7.33
26.22
8
-4.27
TIER ONE CAPITAL
-12.46
15.18
5
6.02
25.72
30
-6.82
NET LOANS & LEASES
-19.18
8.39
8
-5.23
26.93
12
-8.35
SHORT TERM INVESTMENTS
11.84
78.80
44
-41.42
53.14
19
8.03
SHORT TERM NON CORE FUNDING
-32.83
6.17
20
-41.28
22.83
5
8.04
* ONE OR MORE MERGERS, CONSOLIDATIONS OR PURCHASES HAVE OCCURRED DURING THE PERIOD.
12/31/01
21.69 509.13
24.98 417.11
33.84 436.60
-42.13
85.86
22.82 1,771.78
INCOME STATEMENT - REVENUES AND EXPENSES ($000) Page 02
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
PNC BANK, NATIONAL ASSOCIATION
INCOME STATEMENT - REVENUE AND EXPENSES ($000)
PITTSBURGH, PA
PAGE 02
4/1/02 5:31:51 PM
PERCENT CHANGE1
YEAR
-22.19
24.12
-16.58
12/31/2001
2,992,253
258,790
26,649
13,394
3,264,437
12/31/2000
3,845,374
208,494
31,944
15,701
4,069,569
12/31/1999
3,931,743
160,760
34,436
17,111
4,109,614
12/31/1998
4,446,579
121,608
39,891
20,197
4,588,384
12/31/1997
4,139,465
89,718
35,045
18,038
4,247,221
U S TREAS & AGENCY (EXCL MBS)
MORTGAGE BACKED SECURITIES
ESTIMATED TAX BENEFIT
ALL OTHER SECURITIES
TAX EXEMPT SECURITIES INCOME
INVESTMT INTEREST INCOME (TE)
65,970
446,662
634
54,082
1,263
567,348
NA
NA
791
NA
1,611
330,812
NA
NA
1,544
NA
3,109
418,364
NA
NA
3,359
NA
6,635
368,652
NA
NA
4,437
NA
8,621
478,233
INTEREST ON DUE FROM BANKS
INT ON FED FUNDS SOLD & RESALES
TRADING ACCOUNT INCOME
OTHER INTEREST INCOME
5,447
12,664
1,467
19,998
8,137
44,290
2,374
NA
5,238
34,006
2,729
NA
5,830
23,585
2,445
NA
11,930
30,884
416
NA
-33.06
-71.41
-38.21
3,871,362
4,455,183
4,569,952
4,988,896
4,768,684
-13.10
53,928
151,082
993,952
99,507
292,561
NA
75,145
111,622
211,127
1,286,558
168,549
473,858
NA
84,270
68,205
194,714
1,023,807
137,612
760,033
NA
73,313
65,672
238,544
1,051,049
191,768
897,833
NA
60,659
94,506
238,509
1,058,108
149,947
756,283
NA
46,190
-51.69
-28.44
-22.74
-40.96
-38.26
NA
-10.83
1,666,175
2,335,984
2,257,684
2,505,525
2,343,543
-28.67
NET INTEREST INCOME (TE)
NONINTEREST INCOME
ADJUSTED OPERATING INCOME (TE)
2,205,187
1,776,499
3,981,686
2,119,199
1,717,828
3,837,027
2,312,268
2,014,857
4,327,125
2,483,371
2,114,359
4,597,730
2,425,141
1,371,554
3,796,695
4.06
3.42
3.77
NON-INTEREST EXPENSE
PROVISION: LOAN & LEASE LOSSES
PRETAX OPERATING INCOME (TE)
2,435,920
898,743
647,023
2,188,675
133,000
1,515,352
2,427,447
156,640
1,743,038
2,911,717
217,961
1,468,052
2,343,936
65,000
1,387,759
11.30
575.75
-57.30
REALIZED G/L HLD-TO-MATURITY SEC
REALIZED G/L AVAIL-FOR SALE SEC
PRETAX NET OPERATING INC (TE)
0
123,985
771,008
0
19,561
1,534,913
0
-117,962
1,625,076
0
119,057
1,587,109
0
40,817
1,428,576
NA
533.84
-49.77
APPLICABLE INCOME TAXES
CURRENT TAX EQUIV ADJUSTMENT
OTHER TAX EQUIV ADJUSTMENTS
NET OPERATING INCOME
260,608
14,029
0
274,637
511,194
16,493
0
527,687
549,382
18,656
0
568,038
555,313
23,556
0
578,869
505,215
22,475
0
527,690
496,371
1,007,226
1,057,038
1,008,240
900,886
-50.72
-4,640
491,731
0
1,007,226
0
1,057,038
0
1,008,240
0
900,886
-51.18
1,050,000
-558,269
0
650,000
357,226
0
1,086,000
-28,962
0
709,000
299,240
0
680,025
220,861
0
61.54
-256.28
NA
INTEREST AND FEES ON LOANS
INCOME FROM LEASE FINANCING
TAX-EXEMPT
ESTIMATED TAX BENEFIT
INCOME ON LOANS & LEASES (TE)
TOTAL INTEREST INCOME (TE)
INT ON DEPOSITS IN FOREIGN OFF
INTEREST ON TIME DEP OVER $100M
INTEREST ON ALL OTHER DEPOSITS
INT ON FED FUNDS PURCH & REPOS
INT TRAD LIAB & OTH BORROWINGS
INT ON MORTGAGES & LEASES
INT ON SUB NOTES & DEBENTURES
TOTAL INTEREST EXPENSE
NET OPERATING INCOME
NET EXTRAORDINARY ITEMS
NET INCOME
CASH DIVIDENDS DECLARED
RETAINED EARNINGS
MEMO: NET INTERNATIONAL INCOME
-19.78
-21.60
71.50
Page 03
NONINTEREST INCOME AND EXPENSE ($000) AND YIELDS
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
NONINTEREST INCOME & EXPENSES
FIDUCIARY ACTIVITIES
DEPOSIT SERVICE CHARGES
TRADING REVENUE
OTHER FOREIGN TRANSACTIONS
OTHER NONINTEREST INCOME
NONINTEREST INCOME
PERSONNEL EXPENSE
OCCUPANCY EXPENSE
OTHER OPER EXP(INCL INTANGIBLES)
TOTAL OVERHEAD EXPENSE
DOMESTIC BANKING OFFICES(#)
FOREIGN BRANCHES (#)
ASSETS PER DOMESTIC OFFICE
NUMBER OF EQUIVALENT EMPLOYEES
PERCENT OF AVERAGE ASSETS
PERSONNEL EXPENSE
OCCUPANCY EXPENSE
OTHER OPER EXP(INCL INTANGIBLES)
TOTAL OVERHEAD EXPENSE
OVERHEAD LESS NONINT INC
OTHER INCOME & EXPENSE RATIOS:
AVG PERSONNEL EXP PER EMPL($000)
ASSETS PER EMPLOYEE ($MILLION)
MARGINAL TAX RATE
PNC BANK, NATIONAL ASSOCIATION
PITTSBURGH, PA
NONINTEREST INCOME AND EXPENSES ($000) AND YIELDS
12/31/2001
12/31/2000
12/31/1999
12/31/1998
365,434
355,931
79,504
NA
975,630
1,776,499
1,055,515
303,353
1,077,052
2,435,920
683
8
90,484
15,958
771,456
335,720
34,225
NA
576,427
1,717,828
978,446
279,144
931,085
2,188,675
698
8
89,996
16,472
634,045
323,231
-37,707
NA
1,095,288
2,014,857
1,086,137
401,473
939,837
2,427,447
687
8
99,099
18,776
636,629
307,642
83,579
NA
1,086,509
2,114,359
1,175,148
354,378
1,382,191
2,911,717
724
8
98,241
22,348
PAGE 03
4/1/02 5:31:52 PM
12/31/1997
462,220
290,552
21,309
NA
597,473
1,371,554
1,004,453
327,197
1,012,286
2,343,936
751
8
92,740
21,305
BANK
1.66
0.48
1.70
3.84
1.04
PEER1
1.39
0.39
1.31
3.16
1.15
PCT
72
72
77
77
38
BANK
1.46
0.42
1.39
3.27
0.70
PEER1
1.35
0.41
1.37
3.18
1.17
PCT
61
54
60
56
22
BANK
1.57
0.58
1.36
3.51
0.60
PEER1
1.47
0.43
1.41
3.36
1.15
PCT
63
82
54
70
14
BANK
1.69
0.51
1.99
4.19
1.15
PEER1
1.50
0.44
1.48
3.47
1.35
BANK
1.70
0.56
1.72
3.98
1.65
PEER1
1.54
0.47
1.46
3.52
1.41
66.14
3.92
35.00
58.28
4.73
67
44
59.40
3.84
35.00
55.47
4.78
69
45
57.85
3.63
35.00
52.86
4.30
69
51
52.58
3.19
35.00
50.75
3.90
47.15
3.27
35.00
50.66
3.78
YIELD ON OR COST OF:
TOTAL LOANS & LEASES (TE)
LOANS IN DOMESTIC OFFICES
REAL ESTATE
COMMERCIAL & INDUSTRIAL
INDIVIDUAL
CREDIT CARD
AGRICULTURAL
LOANS IN FOREIGN OFFICES
TOTAL INVESTMENT SECURITIES(TE)
TOTAL INVESTMENT SECURITES(BOOK)
U S TREAS & AGENCY (EXCL MBS)
MORTGAGE BACKED SECURITIES
ALL OTHER SECURITIES
INTEREST-BEARING BANK BALANCES
FEDERAL FUNDS SOLD & RESALES
TOTAL-INT BEARING DEPOSITS
TRANSACTION ACCOUNTS
OTHER SAVINGS DEPOSITS
TIME DEPS OVER $100M
ALL OTHER TIME DEPOSITS
FOREIGN OFFICE DEPOSITS
7.29
7.28
7.41
7.38
7.52
0.00
7.10
8.69
5.55
5.54
4.54
6.17
3.54
5.33
3.86
3.18
2.17
2.08
5.46
5.21
4.13
7.44
7.39
7.55
7.41
8.15
4.93
6.41
2.24
6.28
6.13
5.48
6.42
5.84
4.87
3.82
3.30
1.96
2.00
4.94
5.31
2.58
32
34
34
50
28
52
40
90
22
25
24
22
11
71
55
37
62
61
65
47
78
7.90
7.89
7.36
8.49
9.15
NA
8.76
8.70
4.98
4.97
NA
NA
NA
7.02
6.30
4.23
2.98
1.62
6.30
5.82
6.31
8.63
8.69
8.60
9.19
9.78
0.00
8.36
2.70
6.72
6.57
0.00
0.00
0.00
5.95
6.33
4.41
2.32
2.06
5.92
5.79
4.72
14
15
7
23
52
98
38
87
2
2
98
98
98
76
39
35
67
36
70
61
83
7.66
7.63
7.34
8.05
9.13
NA
8.60
8.37
5.59
5.57
NA
NA
NA
6.21
5.06
3.52
2.59
1.51
5.27
5.00
5.09
7.97
7.97
8.12
8.00
9.33
0.00
7.54
2.51
6.39
6.22
0.00
0.00
0.00
5.37
5.25
3.72
1.96
1.98
4.98
5.01
4.05
25
26
11
52
52
98
61
91
7
14
98
98
98
76
45
32
70
26
75
48
83
8.19
8.16
7.84
7.92
10.99
NA
8.49
10.89
5.79
5.74
NA
NA
NA
6.29
5.22
3.86
2.41
1.84
6.39
5.15
5.51
8.41
8.39
8.40
8.36
10.25
0.00
7.97
3.51
6.58
6.41
0.00
0.00
0.00
6.24
5.66
4.23
2.35
2.39
5.38
5.44
4.69
9.35
9.35
9.91
8.19
10.86
NA
22.02
7.09
7.02
6.95
NA
NA
NA
9.48
3.57
4.55
2.57
2.02
8.79
5.97
5.71
8.55
8.59
8.57
8.44
10.44
0.00
8.39
3.81
6.73
6.56
0.00
0.00
0.00
5.84
5.72
4.28
2.08
2.41
5.45
5.44
4.66
FEDERAL FUNDS PURCHASED & REPOS
OTHER BORROWED MONEY
SUBORD NOTES & DEBENTURES
ALL INTEREST-BEARING FUNDS
4.19
4.46
6.52
3.49
3.80
5.18
4.27
3.65
80
34
72
35
7.37
4.14
7.31
4.41
6.17
6.24
5.55
4.94
94
12
74
23
4.47
5.38
6.97
4.12
4.89
5.83
4.94
4.16
13
54
75
48
5.15
5.89
7.18
4.56
5.17
5.96
4.99
4.56
6.31
6.01
7.97
5.08
5.34
5.47
5.69
4.58
BALANCE SHEET - ASSETS, LIABILITIES AND CAPITAL ($000) Page 04
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
PNC BANK, NATIONAL ASSOCIATION
BALANCE SHEET - ASSETS, LIABILITIES AND CAPITAL ($000)
12/31/2001
12/31/2000
12/31/1999
PITTSBURGH, PA
12/31/1998
12/31/1997
ASSETS:
REAL ESTATE LOANS
COMMERCIAL LOANS
INDIVIDUAL LOANS
AGRICULTURAL LOANS
OTHER LN&LS IN DOMESTIC OFFICES
LN&LS IN FOREIGN OFFICES
GROSS LOANS & LEASES
LESS: UNEARNED INCOME
LN&LS ALLOWANCE
NET LOANS & LEASES
U S TREASURY & AGENCY SECURITIES
MUNICIPAL SECURITIES
FOREIGN DEBT SECURITIES
ALL OTHER SECURITIES
INTEREST-BEARING BANK BALANCES
FEDERAL FUNDS SOLD & RESALES
TRADING ACCOUNT ASSETS
TOTAL INVESTMENTS
TOTAL EARNING ASSETS
17,136,390
14,616,251
3,261,827
1,096
4,710,235
777,443
40,503,242
51,223
602,790
39,849,229
3,451,036
18,679
25,835
8,805,746
157,670
301,986
487,251
13,248,203
53,097,432
23,403,724
18,180,941
3,529,627
1,717
4,588,422
347,421
50,051,852
96,913
648,833
49,306,106
1,887,310
45,237
27,401
2,971,309
167,916
217,241
168,345
5,484,759
54,790,865
24,775,627
19,210,571
3,949,726
4,176
4,728,638
92,920
52,761,658
90,125
643,905
52,027,628
3,327,865
32,932
27,176
3,160,079
99,152
596,424
262,316
7,505,944
59,533,572
23,865,234
20,020,701
7,479,982
3,291
6,095,857
93,648
57,558,713
74,906
718,873
56,764,934
3,393,428
60,406
23,806
2,380,076
139,128
503,873
190,921
6,691,638
63,456,572
23,276,309
16,712,125
9,411,563
7,824
4,172,625
57,743
53,638,189
124,409
939,800
52,573,980
4,589,646
120,640
26,323
2,666,837
575,024
672,568
234,086
8,885,124
61,459,104
NONINT CASH & DUE FROM BANKS
ACCEPTANCES
PREMISES, FIX ASSTS, CAP LEASES
OTHER REAL ESTATE OWNED
INV IN UNCONSOLIDATED SUBS
OTHER ASSETS
TOTAL ASSETS
AVERAGE ASSETS DURING QUARTER
4,156,160
46,417
800,451
9,325
6,400
4,493,595
62,609,780
62,838,680
3,565,214
52,401
800,722
15,047
4,320
3,957,334
63,185,903
62,706,833
2,825,972
51,128
753,408
20,503
3,252
4,999,476
68,187,311
67,699,026
2,543,636
48,769
788,383
33,575
4,273
4,355,213
71,230,421
72,021,559
4,032,671
55,862
816,931
47,912
3,588
3,294,333
69,710,401
66,237,413
8,024,609
1,426,841
22,173,721
1,889,720
8,243,535
41,758,426
2,320,116
2,306,590
46,385,132
582,306
1,773,503
6,099,247
4,455,233
3,372,710
56,568,884
1,153,235
4,887,661
62,609,780
6,581,761
1,228,615
19,973,653
1,856,609
10,549,034
40,189,672
3,412,724
2,397,676
46,000,072
1,586,709
2,496,693
9,080,920
3,793,924
2,904,691
56,782,089
1,152,698
5,251,116
63,185,903
6,566,570
1,151,582
17,691,693
2,097,495
10,212,847
37,720,187
3,179,539
3,454,618
44,354,344
2,060,884
7,520,807
15,463,542
5,759,258
1,798,842
61,494,135
1,152,161
5,541,015
68,187,311
7,260,300
1,099,994
16,988,379
2,478,782
11,179,408
39,006,863
4,927,216
399,027
44,333,106
1,698,578
7,976,219
14,312,251
8,578,171
1,459,583
64,045,657
901,452
6,283,312
71,230,421
7,941,357
936,116
14,324,132
2,560,580
12,370,598
38,132,783
3,094,653
3,144,711
44,372,147
4,116,501
9,919,397
18,890,734
3,335,785
1,401,556
63,145,386
761,088
5,803,927
69,710,401
4
20,933
9,325
3,900,766
0
12,301,296
1,175,114
4
19,539
15,047
1,655,003
0
4,931,257
586,684
2
18,298
20,503
5,798,088
0
6,548,052
375,282
2
14,820
33,575
3,233,546
0
5,857,716
1,233,264
7
277,049
47,912
2,324,102
0
7,403,446
465,587
LIABILITIES
DEMAND DEPOSITS
ALL NOW & ATS ACCOUNTS
MONEY MARKET DEPOSIT ACCOUNTS
OTHER SAVINGS DEPOSITS
TIME DEP UNDER $100M
CORE DEPOSITS
TIME DEP OF $100M OR MORE
DEPOSITS IN FOREIGN OFFICES
TOTAL DEPOSITS
FEDERAL FUNDS PURCH & RESALE
OTHER BORROWINGS INCL MAT < 1 YR
MEMO: SHT TERM N CORE FUNDING
OTHER BORROWINGS WITH MAT > 1 YR
ACCEPTANCES & OTHER LIABILITIES
TOTAL LIABILITIES (INCL MORTG)
SUBORD NOTES AND DEBENTURES
ALL COMMON & PREFERRED CAPITAL
TOTAL LIBILITIES & CAPITAL
MEMORANDA:
OFFICER, SHAREHOLDER LOANS (#)
OFFICER, SHAREHOLDER LOANS ($)
NON-INVESTMENT ORE
LOANS HELD FOR SALE
HELD-TO-MATURITY SECURITIES
AVAILABLE-FOR-SALE-SECURITIES
ALL BROKERED DEPOSITS
PAGE 04
4/1/02 5:31:55 PM
PERCENT CHANGE
1 QTR 1 YEAR
-1.63
-7.69
-0.80
6.20
-5.56
30.56
-3.85
-26.78
-19.61
-7.59
-36.17
2.65
123.78
-19.08
-12.96
-3.63
5.78
-4.99
-5.49
34.31
47.80
-7.10
-19.18
82.85
-58.71
-5.72
196.36
-6.10
-15.70
189.44
24.09
16.58
-1.22
45.82
-0.03
-38.03
-41.83
-3.23
1.30
13.55
-0.91
0.21
20.15
14.28
2.14
1.29
-6.06
3.67
-12.05
403.29
6.94
21.92
16.13
11.01
1.78
-21.86
3.90
-32.02
-3.80
0.84
43.65
6.58
-19.51
-39.86
-2.50
0.01
-11.55
-3.23
-28.97
-32.83
17.43
16.11
-0.38
0.05
-6.92
-0.91
-5.80
45.82
NA
NA
24.68
-10.85
7.13
-38.03
NA
NA
149.46
100.30
PAGE 05
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
12/31/2001
OUTSTANDING ($000)
HOME EQUITY (1-4 FAMILY)
CREDIT CARD
COMMERCIAL RE SECURED BY RE
COMMERCIAL RE NOT SECURED BY RE
ALL OTHER
SECURITIES UNDERWRITING
MEMO: UNUSED COMMIT W/MAT GT 1 YR
12/31/2000
12/31/1999
PITTSBURGH, PA
12/31/1998
12/31/1997
PAGE 05
4/1/02 5:31:56 PM
PERCENT CHANGE
1 QTR 1 YEAR
3,578,540
0
925,314
1,709,755
24,662,036
0
12,425,899
3,137,699
0
1,302,778
1,675,731
25,628,908
0
14,169,017
2,820,798
0
992,559
1,539,412
30,094,077
0
15,304,762
2,624,740
14,712,437
1,323,755
1,240,608
31,830,540
0
16,620,894
2,462,506
16,305,003
1,016,564
1,072,141
28,805,163
0
17,202,091
5.23
14.05
-22.38
-2.24
0.16
-28.97
2.03
-3.77
-1.8
-12.3
STANDBY LETTERS OF CREDIT
AMOUNT CONVEYED TO OTHERS
COMMERCIAL LETTERS OF CREDIT
4,122,020
290,210
119,809
4,061,186
244,260
108,349
4,540,009
212,460
132,086
4,987,870
247,854
115,850
5,543,280
681,032
204,349
-1.77
5.43
-22.67
1.5
18.81
10.58
ASSETS SECURITIZED OR SOLD W REC
AMOUNT OF RECOURSE EXPOSURE
1,020,535
106,779
0
0
1,193,959
1,066,572
543,444
414,751
382,273
382,273
-12.09
10.16
0
197,550
0
4,390,723
0
4,314,673
0
4,254,673
0
0
40.81
-95.5
9,233,190
8,909,432
10,851,857
5,048,189
2,979,739
29.45
3.63
45,568,749
49,214,806
56,479,430
66,682,106
58,771,018
4.16
-7.41
CREDIT DERIVS BANK AS GTR
CREDIT DERIVS BANK AS BENEF
ALL OTH OFF-BALANCE SHEET ITEMS
OFF-BALANCE SHEET ITEMS
PNC BANK, NATIONAL ASSOCIATION
OFF BALANCE SHEET ITEMS & DERIVATIVES ANALYSIS
OFF-BALANCE SHEET ITEMS
OUTSTANDING (% OF TOTAL)
BANK PEER1
HOME EQUITY (1-4 FAMILY)
5.72
3.65
CREDIT CARD
0.00
1.94
COMMERCIAL RE SECURED BY RE
1.48
2.01
COMMERCIAL RE NOT SECURED BY RE
2.73
0.37
ALL OTHER
39.39 20.96
TOTAL LN&LS COMMITMENTS
49.31 31.11
SECURITIES UNDERWRITING
0.00
0.00
PCT
78
50
41
95
87
84
91
BANK PEER1
4.97
2.90
0.00
2.58
2.06
2.15
2.65
0.40
40.56 22.56
50.24 33.04
0.00
0.00
PCT
80
43
53
97
85
81
91
BANK PEER1
4.14
2.66
0.00
2.98
1.46
2.14
2.26
0.43
44.13 26.44
51.98 37.82
0.00
0.00
PCT
73
36
38
97
86
80
91
BANK PEER1
3.68
2.34
20.65
3.99
1.86
2.25
1.74
0.37
44.69 27.33
72.63 38.73
0.00
0.00
BANK PEER1
3.53
2.59
23.39
6.15
1.46
1.92
1.54
0.47
41.32 27.82
71.24 41.49
0.00
0.00
STANDBY LETTERS OF CREDIT
AMOUNT CONVEYED TO OTHERS
COMMERCIAL LETTERS OF CREDIT
6.58
0.46
0.19
4.22
0.37
0.19
68
67
64
6.43
0.39
0.17
4.29
0.36
0.23
71
67
56
6.66
0.31
0.19
4.92
0.39
0.32
67
55
44
7.00
0.35
0.16
4.66
0.44
0.39
7.95
0.98
0.29
5.20
0.54
0.59
ASSETS SECURITIZED OR SOLD W REC
AMOUNT OF RECOURSE EXPOSURE
CREDIT DERIVS BANK AS GTR
CREDIT DERIVS BANK AS BENEF
1.63
0.17
0.00
0.32
6.23
0.35
0.15
0.22
52
64
72
78
0.00
0.00
0.00
6.95
2.40
0.45
0.13
0.23
30
30
74
95
1.75
1.56
0.00
6.33
1.97
0.49
0.15
0.19
64
86
75
95
0.76
0.58
0.00
5.97
1.49
0.35
0.10
0.22
0.55
0.55
0.00
0.00
0.87
0.26
0.04
0.08
ALL OTH OFF-BALANCE SHEET ITEMS
14.75
5.97
82
14.10
4.24
87
15.91
4.88
85
7.09
2.83
4.27
4.34
OFF-BALANCE SHEET ITEMS
72.78
60.93
71
77.89
52.10
76
82.83
57.37
76
93.61
54.58
84.31
57.46
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
PNC BANK, NATIONAL ASSOCIATION
OFF BALANCE SHEET ITEMS & DERIVATIVES ANALYSIS
DERIVATIVES ANALYSIS
PAGE 05A
12/31/2001
12/31/2000
12/31/1999
12/31/1997
54,371,363
51,765,565
2,580,248
25,550
42,525,046
40,588,997
1,888,499
47,550
25,223,958
23,504,661
1,710,897
8,400
4,614,075
8,282,539
8,070
8,274,469
8,989,659
0
8,989,659
22,038,260
6,311,533
4,770,415
0
4,770,415
14,885,277
0
14,885,277
28,404,138
6,513,726
9,071,630
0
9,071,630
4,980,356
0
4,980,356
21,959,334
5,173,792
6,921,999
0
6,921,999
2,759,643
0
2,759,643
10,368,524
40,968,606
36,939,451
4,022,155
7,000
9,965,510
9,965,510
0
0
9,965,510
31,430,645
25,905,439
5,506,136
19,070
12,493,888
12,479,193
14,695
0
0
29,800,345
27,199,464
2,575,331
25,550
24,571,018
24,566,101
4,917
0
7,675,000
19,507,926
17,582,230
1,878,146
47,550
23,017,120
23,006,767
10,353
0
4,875,000
11,091,610
9,393,779
1,689,431
8,400
14,132,348
14,110,882
21,466
0
3,864,840
37,631,791
9,525,537
22,174,113
5,932,141
32,073,546
9,923,739
16,977,069
5,172,738
46,405,555
15,291,214
24,775,057
6,339,284
33,126,916
11,657,513
17,021,584
4,447,819
17,727,459
8,121,140
6,855,589
2,750,730
573,820
711,223
425,603
285,620
285,620
711,223
0
315,983
338,182
214,198
123,984
0
338,182
0
293,838
359,154
185,134
174,020
18,571
359,154
0
510,279
682,217
128,505
553,712
52,875
682,217
0
173,855
283,323
69,817
213,506
94,745
283,323
0
122
0
0
0
0
25,170
-1,696
-25,193
-1,719
-56,473
-1,687
0
-58,160
29,588
6,972
-354
36,206
12,781
2,731
-1,880
13,632
-21,611
5,248
-1,528
-17,891
50,934,116
46,904,961
4,022,155
7,000
43,924,533
38,384,632
5,520,831
19,070
DERIVATIVES POSITION
FUTURES AND FORWARDS
WRITTEN OPTIONS
EXCHANGE TRADED
OVER-THE-COUNTER
PURCHASED OPTIONS
EXCHANGE TRADED
OVER-THE-COUNTER
SWAPS
5,126,370
5,343,653
0
5,343,653
8,075,266
0
8,075,266
32,388,827
HELD-FOR-TRADING
INTEREST RATE CONTRACTS
FOREIGN EXCHANGE CONTRACTS
EQUITY, COMM & OTH CONTRACTS
NON-TRADED
INTEREST RATE CONTRACTS
FOREIGN EXCHANGE CONTRACTS
EQUITY, COMM & OTH CONTRACTS
MEMO: MARKED-TO-MARKET
DERIVATIVE CONTRACTS (RBC DEF )
ONE YEAR OR LESS
OVER 1 YEAR TO 5 YEARS
OVER 5 YEARS
PAST DUE DERIV INSTRUMENTS:
FAIR VALUE CARRIED AS ASSETS
IMPACT NONTRADED DERIV CONTRACTS:
INCREASE (DECR) IN INTEREST INC
INCREASE (DECR) IN INTEREST EXP
INCREASE (DECR) IN NONINT ALLOC
INCREASE (DECR) IN NET INCOME
PAGE 05A
4/1/02 5:31:59 PM
12/31/1998
NOTIONAL AMOUNT ($000)
DERIVATIVE CONTRACTS
INTEREST RATE CONTRACTS
FOREIGN EXCHANGE CONTRACTS
EQUITY, COMM & OTH CONTRACTS
GROSS NEGATIVE FAIR VALUE
GROSS POSTIVE FAIR VALUE
HELD-FOR-TRADING
NON-TRADED
MEMO MARKED-TO-MARKET
CURR CREDIT EXP ON RBC DERIV CONTR
CREDIT LOSSES OFF-BS DERIVS
PITTSBURGH, PA
BALANCE SHEET - PERCENTAGE COMPOSITION OF ASSETS & LIABILITIES PAGE 06
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
PNC BANK, NATIONAL ASSOCIATION
COUNTY: ALLEGHENY BALANCE SHEET - PERCENTAGE COMPOSITION OF ASSETS AND LIABILITIES
12/31/2001
PEER1
60.78
2.65
0.97
63.17
BANK
75.05
3.23
0.95
77.33
12/31/1999
PEER1
60.62
2.93
0.95
63.52
0.20
0.58
0.59
0.00
15.09
0.84
2.34
1.09
1.12
15.99
54
43
56
45
21
0.13
0.69
0.39
0.00
10.07
1.07
2.85
1.05
1.36
15.56
47
33
52
45
26
0.27
0.62
0.26
0.00
9.19
1.25
2.96
1.40
1.90
15.52
0.36
1.75
0.15
0.00
11.73
1.87
3.80
1.95
2.11
14.29
86.95
89.02
26
88.61
88.76
38
89.09
88.71
87.98
88.55
74
67
45
71
82
4.16
1.14
0.03
7.72
13.05
100.00
4.07
1.05
0.03
5.56
10.98
100.00
57
57
53
77
73
3.40
1.08
0.04
6.87
11.39
100.00
4.64
1.14
0.03
5.18
11.24
100.00
23
42
75
77
61
3.80
1.15
0.06
5.89
10.90
99.99
5.02
1.22
0.04
4.87
11.28
100.00
5.41
1.22
0.10
5.28
12.02
100.00
5.41
1.26
0.06
4.69
11.45
100.00
4.17
70
6.49
4.25
71
7.03
4.81
70
7.48
4.70
7.63
5.13
10.95
1.96
33.11
2.95
14.77
63.74
8.23
1.36
20.14
7.53
11.46
51.70
75
77
87
30
65
81
10.01
1.77
28.31
2.97
15.69
58.74
8.89
1.28
16.97
7.07
12.38
49.81
64
74
90
25
64
70
9.84
1.55
25.41
3.36
15.37
55.54
10.93
1.54
16.24
7.93
12.06
50.64
44
58
86
22
67
55
10.67
1.37
21.55
3.63
16.91
54.12
12.52
1.75
14.72
7.53
13.70
52.32
12.73
1.21
19.38
4.26
18.19
55.76
14.04
1.96
14.59
7.37
14.42
53.81
TIME DEP OF $100M OR MORE
DEPOSITS IN FOREIGN OFFICES
TOTAL DEPOSITS
FEDERAL FUNDS PURCH & REPOS
OTHER BORROWINGS INCL < 1 YR
MEMO: SHT TER N CORE FUNDING
4.37
2.83
70.93
2.28
2.79
11.02
7.66
5.09
66.78
8.93
4.53
26.65
22
52
68
10
42
8
4.85
3.69
67.28
2.28
7.84
17.48
8.38
6.39
66.58
8.61
6.62
28.81
21
53
54
8
69
16
5.51
2.74
63.79
2.60
11.18
21.00
7.03
6.94
66.42
9.94
5.93
28.57
38
41
38
7
85
29
5.21
3.73
63.06
3.32
12.55
23.46
7.09
6.77
67.86
10.01
4.84
27.47
4.54
2.75
63.05
4.47
17.02
27.12
6.59
7.80
69.82
9.05
5.13
26.61
OTHER BORROWINGS > 1 YR
ACCEPTANCES & OTHER LIABILITIES
TOTAL LIABILITIES (INCL MORTG)
7.82
6.11
89.94
5.05
3.03
89.98
77
92
38
9.55
3.41
90.36
4.52
2.52
90.41
87
73
42
9.93
2.48
89.98
4.19
2.64
90.47
85
52
32
8.91
2.24
90.08
3.97
2.56
90.59
4.05
2.10
90.70
3.29
2.65
90.92
SUBORDINATED NOTES & DEBENTURES
ALL COMMON & PREFERRED CAPITAL
TOTAL LIABILITIES & CAPITAL
1.81
8.25
99.99
1.45
8.42
100.00
64
51
1.72
7.92
100.00
1.43
8.00
100.00
57
50
1.53
8.49
100.00
1.44
7.85
100.00
48
70
1.21
8.71
100.00
1.36
7.85
100.00
0.97
8.33
99.99
1.35
7.64
100.00
MEMO: ALL BROKERED DEPOSITS
INSURED BROKERED DEP
1.41
0.00
2.12
1.22
60
35
0.60
0.00
2.29
1.22
42
30
0.86
0.00
1.11
0.47
60
36
1.20
0.00
0.99
0.51
0.98
0.00
0.89
0.47
DIRECT & INDIRECT INV IN RE
LOANS HELD FOR SALE
0.00
4.81
0.01
3.00
81
75
0.00
8.19
0.01
2.30
81
90
0.00
7.89
0.00
1.88
83
89
0.00
5.28
0.01
2.20
0.00
3.22
0.01
1.51
PCT
60
87
60
61
BANK
72.59
4.28
0.96
75.91
0.82
3.43
1.18
0.71
15.75
54
31
61
47
45
0.18
1.01
0.33
0.00
9.52
85.13
88.31
17
5.50
1.27
0.02
8.09
14.87
100.00
4.19
1.05
0.04
6.14
11.69
100.00
6.50
LIABILITIES, PERCENT OF AVG ASST
DEMAND DEPOSITS
ALL NOW & ATS ACCOUNTS
MONEY MARKET DEPOSIT ACCOUNTS
OTHER SAVINGS DEPOSITS
TIME DEP LESS THAN $100M
CORE DEPOSITS
INTEREST-BEARING BANK BALANCES
FEDERAL FUNDS SOLD & RESALES
TRADING ACCOUNT ASSETS
HELD-TO-MATURITY SECURITIES
AVAILABLE-FOR-SALE SECURITIES
TOTAL EARNING ASSETS
NONINT CASH & DUE FROM BANKS
PREMISES, FIX ASSTS & CAP LEASES
OTHER REAL ESTATE OWNED
ACCEPTANCES & OTHER ASSETS
SUBTOTAL
TOTAL ASSETS
STANDBY LETTERS OF CREDIT
12/31/2000
PEER1
60.98
3.20
0.92
64.05
PCT
86
61
57
89
12/31/1998
BANK PEER1
77.54
60.54
2.40
2.79
1.19
0.99
78.75
62.98
PAGE 06
4/1/02 5:32:04 PM
PCT
81
70
61
83
ASSETS, PERCENT OF AVG ASSETS
TOTAL LOANS
LEASE FINANCING RECEIVABLES
LESS: LN&LS ALLOWANCE
NET LOANS & LEASES
BANK
63.88
5.81
1.02
68.67
PITTSBURGH, PA
12/31/1997
BANK PEER1
73.47
60.20
1.94
2.68
1.43
1.06
73.99
62.24
PAGE 07
ANALYSIS OF LOAN & LEASE ALLOWANCE AND LOAN MIX
PITTSBURGH, PA
PNC BANK, NATIONAL ASSOCIATION
DIST/RSSD: 04 / 817824
ANALYSIS OF CREDIT ALLOWANCE AND LOAN MIX
COUNTY: ALLEGHENY
12/31/1998
12/31/1999
12/31/2000
12/31/2001
CHANGE: CREDIT ALLOWANCE ($000)
939,800
718,873
643,905
648,833
BEGINNING BALANCE
516,340
208,026
181,385
980,672
GROSS CREDIT LOSSES
637,086
MEMO: LOANS HFS WRITEDOWN
73,860
53,200
48,917
35,886
RECOVERIES
442,480
154,826
132,468
944,786
NET CREDIT LOSSES
CERT # 6384
CHARTER # 1316
745,426
377,722
110,109
267,613
898,743
0
602,790
133,000
4,396
648,833
156,640
-76,782
643,905
217,961
3,592
718,873
65,000
396,987
939,800
44,804,389
51,542,871
53,675,215
56,032,063
45,425,743
PROVISION FOR CREDIT LOSS
OTHER ADJUSTMENTS
ENDING BALANCE
AVERAGE TOTAL LOANS & LEASES
PAGE 07
4/1/02 5:32:07 PM
12/31/1997
ANALYSIS RATIOS
LOSS PROVISION TO AVERAGE ASSETS
RECOVERIES TO PRIOR CREDIT LOSS
BANK
1.42
19.78
PEER1
0.48
26.90
PCT
94
37
BANK
0.20
23.51
PEER1
0.39
30.12
PCT
35
45
BANK
0.23
10.30
PEER1
0.26
31.28
PCT
45
7
BANK
0.31
19.55
PEER1
0.28
35.95
BANK
0.11
75.25
PEER1
0.27
141.36
NET LOSS TO AVERAGE TOTAL LN&LS
GROSS LOSS TO AVERAGE TOT LN&LS
RECOVERIES TO AVERAGE TOT LN&LS
2.11
2.19
0.08
0.63
0.76
0.12
98
98
41
0.26
0.35
0.09
0.43
0.56
0.12
32
30
40
0.29
0.39
0.10
0.42
0.56
0.15
38
32
33
0.79
0.92
0.13
0.42
0.59
0.16
0.59
0.83
0.24
0.42
0.62
0.19
LN&LS ALLOWANCE TO TOTAL LN&LS
LN&LS ALLOWANCE TO NET LOSSES (X)
LN&LS ALL TO NONACCURAL LN&LS (X)
1.49
0.64
2.37
1.62
3.13
1.93
51
5
1.30
4.90
1.83
1.48
4.60
2.24
38
67
1.22
4.16
2.08
1.44
4.27
3.09
27
54
1.25
1.62
2.50
1.52
4.92
3.77
1.76
3.51
3.49
1.65
5.94
3.78
EARN COVER OF NET LN&LS LOSS (X)
1.62
6.93
7
12.32
11.46
67
12.15
11.19
67
3.76
11.02
5.34
13.98
NET LOSSES BY TYPE OF LN&LS
REAL ESTATE LOANS
LOANS TO FINANCE COMML REAL EST
CONTRUCTION & LAND DEV
SECURED BY FARMLAND
SINGLE & MULTI FAMILY MORTGAGE
HOME EQUITY LOANS
1-4 FAMILY NON-REVOLVING
MULTIFAMILY LOANS
NON-FARM NON-RESIDENTIAL MTG
RE LOANS IN FOREIGN OFFICES
0.28
0.00
-0.01
0.00
0.10
0.07
0.11
-0.01
1.49
NA
0.18
0.06
0.07
0.28
0.15
0.18
0.13
0.03
0.13
0.01
75
77
7
64
61
41
67
11
95
90
0.04
-0.01
0.08
0.26
0.06
0.05
0.06
-0.01
-0.06
NA
0.10
0.01
0.02
0.01
0.12
0.14
0.11
0.01
0.04
0.00
39
9
81
94
46
40
53
15
5
98
0.03
0.01
0.01
1.32
0.05
0.06
0.06
-0.07
-0.09
NA
0.08
-0.01
-0.01
0.02
0.10
0.13
0.10
-0.02
0.00
0.00
39
91
70
97
44
44
54
13
19
98
0.05
0.00
0.12
-0.03
0.04
-0.02
0.05
0.00
0.10
NA
0.05
0.00
-0.04
0.02
0.07
0.10
0.06
0.01
-0.01
0.00
0.04
-0.09
0.04
0.15
0.08
0.08
0.08
-0.05
-0.20
NA
0.07
-0.02
-0.04
0.09
0.08
0.09
0.08
-0.01
-0.03
0.00
AGRICULTURAL LOANS
COMMERCIAL AND INDUSTRIAL LOANS
LEASE FINANCING
LOANS TO INDIVIDUALS
CREDIT CARD PLANS
2.72
5.14
0.32
0.45
0.00
0.27
1.30
0.43
1.16
1.80
91
95
54
27
58
0.16
0.54
0.22
0.36
3.02
0.18
0.69
0.26
1.26
3.43
71
49
56
22
54
1.75
0.20
0.35
1.70
8.49
0.23
0.50
0.25
1.41
3.14
94
23
67
69
95
0.31
0.57
0.39
3.58
7.38
0.13
0.41
0.24
1.70
4.20
0.15
0.18
0.26
2.66
6.06
-0.01
0.29
0.21
2.03
4.43
ALL OTHER LOANS & LEASES
LOANS TO FOREIGN GOVERNMENTS
1.29
NA
0.30
-0.03
87
95
0.19
0.00
0.19
-0.31
67
95
0.44
0.00
0.34
0.00
70
92
0.14
0.00
0.20
0.02
-0.19
0.00
0.27
-1.37
PAGE 07A
ANALYSIS OF LOAN & LEASE ALLOWANCE AND LOAN MIX
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
PNC BANK, NATIONAL ASSOCIATION
ANALYSIS OF LOAN AND LEASE ALLOWANCE AND LOAN MIX
PCT
35
77
65
21
37
52
20
41
BANK
2.31
38.70
3.61
6.32
0.06
0.89
5.36
47.33
12/31/2000
PEER1
3.91
23.90
3.63
12.72
0.22
1.40
10.75
42.11
1.57
0.38
24.46
10.07
0.96
0.38
0.00
2.14
2.65
4.22
50
15
82
38
35
85
84
70
81
75
0.25
0.01
35.17
6.99
0.24
1.06
0.00
0.36
3.46
5.38
0.00
2.87
0.04
0.90
62
91
MEMORANDUM (% OF AVG TOT LOANS):
LOAN & LEASE COMMITMENTS
LOANS SOLD DURING THE QUARTER
OFFICER, SHAREHOLDER LOANS
OFFICER, SHAREH LOANS TO ASSETS
82.32
NA
0.06
0.03
55.55
0.00
0.48
0.29
OTHER REAL ESTATE OWNED % ASSETS
CONSTRUCTION & LAND DEVELOPMENT
FARMLAND
1-4 FAMILY
MULTIFAMILY
NON-FARM-NON-RESID
FOREIGN OFFICES
0.00
0.00
0.01
0.00
0.01
0.00
SUBTOTAL
DIRECT AND INDIRECT INV
TOTAL
LOAN MIX, % AVERAGE GROSS LN&LS
CONTRUCTION & DEVELOPMENT
1 - 4 FAMILY RESIDENTIAL
HOME EQUITY LOANS
OTHER REAL ESTATE LOANS
FARMLAND
MULTIFAMILY
NON-FARM NON-RESIDENTIAL
TOTAL REAL ESTATE
FINANCIAL INSTITUTION LOANS
AGRICULTURAL LOANS
COMMERCIAL & INDUSTRIAL LOANS
LOANS TO INDIVIDUALS
CREDIT CARD LOANS
MUNICIPAL LOANS
ACCEPTANCES OF OTHER BANKS
FOREIGN OFFICE LOANS & LEASES
ALL OTHER LOANS
LEASE FINANCING RECEIVABLES
SUPPLEMENTAL:
LOANS TO FOREIGN GOVERNMENTS
LOANS TO FINANCE COMML REAL EST
ASSET SERVICING % ASSETS
MORTG SERV W RECOURSE
MORTG SERV WO RECOURSE
OTHER FINANCIAL ASSETS
TOTAL
BANK
2.74
33.57
4.93
6.60
0.05
0.90
5.64
42.90
12/31/2001
PEER1
4.75
25.68
4.33
13.10
0.26
1.29
11.12
45.66
0.18
0.00
36.25
7.58
0.06
1.20
0.00
1.07
3.45
7.36
PITTSBURGH, PA
PAGE 07A
4/1/02 5:32:09 PM
PCT
38
87
54
21
38
45
21
64
BANK
2.14
35.47
2.91
7.26
0.06
1.23
5.97
44.87
12/31/1999
PEER1
3.23
22.95
3.07
12.32
0.20
1.29
10.44
39.59
1.44
0.36
26.30
11.02
1.40
0.41
0.00
2.76
3.17
4.98
42
21
76
29
21
84
76
69
67
61
1.09
0.01
33.95
9.04
1.34
1.15
0.00
0.17
5.61
4.12
0.91
0.35
27.19
12.21
1.76
0.46
0.01
3.38
3.90
4.60
67
20
73
41
55
85
75
60
77
55
1.15
0.01
30.73
15.69
6.88
1.13
0.00
0.13
5.89
3.00
0.95
0.34
26.05
12.41
2.36
0.57
0.01
4.56
4.31
4.37
1.88
0.01
29.91
18.39
6.82
1.27
0.00
0.16
3.24
2.57
1.18
0.32
26.33
13.92
3.27
0.66
0.01
6.11
4.20
4.22
0.00
2.88
0.07
0.84
61
91
0.00
3.00
0.11
1.08
48
88
0.01
2.42
0.12
1.10
0.01
1.16
0.19
0.99
78
98
37
35
68.34
NA
0.04
0.03
58.43
0.00
0.49
0.30
70
98
25
26
70.91
NA
0.04
0.03
69.11
0.00
0.67
0.38
63
98
25
26
91.26
NA
0.03
0.02
70.00
0.00
0.75
0.43
96.86
NA
0.54
0.40
75.04
0.00
0.96
0.56
0.00
0.00
0.02
0.00
0.01
0.00
90
97
60
97
70
91
0.00
0.00
0.02
0.00
0.01
0.00
0.00
0.00
0.02
0.00
0.01
0.00
87
97
74
95
71
91
0.00
0.00
0.03
0.00
0.01
0.00
0.00
0.00
0.01
0.00
0.01
0.00
83
98
91
95
64
92
0.01
0.00
0.03
0.00
0.02
0.00
0.00
0.00
0.02
0.00
0.02
0.00
0.01
0.00
0.04
0.00
0.05
0.00
0.01
0.00
0.02
0.00
0.02
0.00
0.02
0.00
0.02
0.04
0.00
0.04
47
92
45
0.03
0.00
0.03
0.03
0.00
0.03
56
92
53
0.04
0.00
0.04
0.03
0.00
0.03
76
92
75
0.06
0.00
0.06
0.04
0.00
0.04
0.10
0.00
0.10
0.05
0.00
0.06
0.00
0.00
111.86
111.86
0.48
13.06
1.85
18.93
52
40
98
92
NA
NA
NA
NA
0.00
0.00
0.00
0.00
98
98
98
98
NA
NA
NA
NA
0.00
0.00
0.00
0.00
98
98
98
98
NA
NA
NA
NA
0.00
0.00
0.00
0.00
NA
NA
NA
NA
0.00
0.00
0.00
0.00
PCT
38
80
50
27
44
58
26
54
12/31/1998
BANK PEER1
2.12
2.89
32.99
24.33
2.82
3.22
7.17
11.96
0.07
0.21
1.03
1.18
6.07
10.23
42.28
40.31
12/31/1997
BANK PEER1
2.22
2.45
33.62
23.93
3.52
3.42
6.73
11.17
0.05
0.14
0.49
1.14
6.19
9.68
42.57
38.50
PAGE 08
ANALYSIS OF PAST DUE, NONACCRUAL & RESTRUCTURED LOANS & LEASE
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
PNC BANK, NATIONAL ASSOCIATION
COUNTY: ALLEGHENY ANALYSIS OF PAST DUE, NONACCRUAL & RESTRUCTURED LOANS & LEASES
12/31/2001
12/31/2000
12/31/1999
NON-CURRENT LN&LS ($000)
90 DAYS AND OVER PAST DUE
169,798
125,264
128,531
TOTAL NONACCRUAL LN&LS
253,945
354,651
309,309
TOTAL NON-CURRENT LN&LS
423,743
479,915
437,840
LN&LS 30-89 DAYS PAST DUE
332,103
RESTRUCTURED LN&LS 90+ DAYS P/D
RESTRUCTURED LN&LS NONACCRL
RESTRUCTURE LN&LS 30-89 DAYS PD
CURRENT RESTRUCTURED LN&LS
ALL OTHER REAL ESTATE OWNED
% OF NON-CURR LN&LS BY LN TYPE
PITTSBURGH, PA
12/31/1998
PAGE 08
4/1/02 5:32:12 PM
12/31/1997
258,187
287,304
545,491
281,691
268,973
550,664
0
0
0
0
380
0
0
0
1,114
0
1,735
0
9,325
0
15,047
0
20,503
0
33,575
0
47,912
BANK
PEER1
PCT
BANK
PEER1
PCT
BANK
PEER1
PCT
BANK
PEER1
BANK
PEER1
REAL ESTATE LNS-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.47
0.14
0.61
0.67
0.23
0.73
1.02
1.33
78
11
38
25
0.25
0.11
0.36
0.17
0.57
0.79
67
11
16
0.27
0.45
0.72
0.18
0.53
0.78
76
45
54
0.47
0.57
1.04
0.23
0.60
0.89
0.54
0.68
1.22
0.22
0.75
1.01
LNS FIN COML RE-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.00
0.00
0.00
0.01
0.04
0.21
0.27
0.47
72
61
58
62
0.00
0.01
0.01
0.01
0.24
0.32
83
63
60
0.00
0.01
0.01
0.03
0.12
0.20
82
57
54
0.00
0.01
0.02
0.02
0.10
0.15
0.22
0.03
0.26
0.01
0.18
0.23
CONST & LAND DEV-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.35
0.15
0.50
0.35
0.10
0.72
0.85
1.29
87
35
45
30
0.02
0.12
0.13
0.06
0.50
0.62
61
35
25
0.27
0.18
0.46
0.07
0.56
0.66
88
39
52
1.36
0.18
1.54
0.10
0.66
0.80
0.52
0.62
1.14
0.14
1.44
1.63
SINGLE & MULTI MTG-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.53
0.08
0.60
0.76
0.30
0.44
0.85
1.46
78
14
47
30
0.26
0.04
0.30
0.23
0.48
0.77
60
11
14
0.29
0.31
0.60
0.25
0.35
0.73
64
44
50
0.37
0.35
0.72
0.29
0.47
0.86
0.40
0.34
0.74
0.26
0.56
0.88
NON-FARM/RESI MTG-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.22
0.51
0.74
0.36
0.10
0.76
0.89
0.93
81
37
47
25
0.30
0.62
0.92
0.06
0.64
0.72
92
57
64
0.17
1.39
1.56
0.06
0.78
0.86
86
77
82
0.75
1.97
2.72
0.11
0.80
0.99
1.29
2.61
3.90
0.11
1.22
1.35
NA
NA
NA
NA
0.00
0.07
0.13
0.11
90
88
87
87
NA
NA
NA
0.00
0.00
0.00
98
98
98
NA
NA
NA
0.00
0.00
0.00
98
98
98
NA
NA
NA
0.00
0.00
0.00
NA
NA
NA
0.00
0.00
0.00
COML & INDUST LNS-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.36
1.53
1.88
0.99
0.12
1.91
2.06
1.12
90
38
48
50
0.20
1.68
1.89
0.09
1.32
1.44
80
70
71
0.13
0.92
1.04
0.07
0.90
0.99
76
51
54
0.22
0.75
0.96
0.09
0.68
0.79
0.31
0.63
0.94
0.06
0.60
0.67
LOANS TO INDIVDLS-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.78
0.08
0.86
1.45
0.34
0.23
0.66
2.16
80
48
67
32
0.66
0.03
0.69
0.44
0.18
0.68
73
42
54
0.76
0.04
0.80
0.60
0.11
0.79
70
50
64
1.29
0.04
1.33
0.63
0.14
0.84
1.12
0.08
1.19
0.74
0.17
0.96
RE LNS FOR OFF–90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
ANALYSIS OF PAST DUE NONACCRUAL & RESTRUCTURED LOANS & LEASES PAGE 08A
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
% OF NON-CURR LN&LS BY LN TYPE
CREDIT CARD PLANS-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
FOREIGN GOVT LNS-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
PNC BANK, NATIONAL ASSOCIATION
ANALYSIS OF PAST DUE, NONACCRUAL & RESTRUCTURED LOANS & LEASES
BANK
0.00
0.00
0.00
0.00
12/31/2001
PEER1
0.43
0.01
0.50
0.93
PCT
60
92
58
57
BANK
0.34
0.00
0.34
12/31/2000
PEER1
0.57
0.05
0.71
PCT
49
69
42
BANK
0.24
0.00
0.24
12/31/1999
PEER1
0.64
0.09
0.86
PCT
39
58
29
PITTSBURGH, PA
12/31/1998
BANK PEER1
2.04
0.85
0.00
0.09
2.04
1.04
PAGE 08A
4/1/02 5:32:15 PM
12/31/1997
BANK PEER1
1.75
1.20
0.00
0.07
1.75
1.38
NA
NA
NA
NA
0.00
0.02
0.02
0.14
98
90
90
88
NA
NA
NA
0.00
0.01
0.01
97
91
90
0.00
0.00
0.00
0.00
0.01
0.05
94
85
82
0.00
0.00
0.00
0.00
0.18
0.19
0.00
0.00
0.00
0.00
0.01
0.01
LEASE FINANCING-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.03
0.24
0.27
0.48
0.05
0.37
0.42
0.62
67
52
51
57
0.03
0.04
0.07
0.06
0.30
0.40
64
46
43
0.05
0.05
0.10
0.06
0.17
0.29
67
58
45
0.04
0.03
0.08
0.04
0.18
0.24
0.05
0.00
0.05
0.03
0.17
0.20
AGRICULTURAL LNS-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.00
2.37
2.37
1.82
0.05
1.30
1.39
0.90
65
75
75
77
0.00
0.00
0.00
0.09
1.15
1.37
61
35
28
0.00
0.00
0.00
0.10
1.24
1.43
55
41
35
0.00
2.13
2.13
0.06
1.00
1.11
22.51
0.51
23.02
0.07
1.38
1.86
OTHER LN&LS-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.58
0.24
0.81
0.55
0.07
0.37
0.54
0.56
91
64
77
61
0.12
0.57
0.69
0.08
0.33
0.43
78
76
78
0.13
0.50
0.63
0.07
0.18
0.26
73
86
88
0.11
0.12
0.23
0.07
0.18
0.26
0.03
0.10
0.13
0.04
0.12
0.16
GROSS LN&LS-90+ DAYS P/D
-NONACCRUAL
-TOTAL
-30-89 DAYS P/D
0.42
0.63
1.05
0.82
0.23
0.97
1.31
1.29
81
34
45
22
0.25
0.71
0.96
0.19
0.74
0.99
66
54
54
0.24
0.59
0.83
0.21
0.53
0.76
64
61
60
0.45
0.50
0.95
0.23
0.49
0.77
0.53
0.50
1.03
0.23
0.52
0.78
70.30
8.67
1.87
NA
1.07
0.00
0.00
0.00
82.15
9.87
2.66
0.00
1.38
0.00
0.00
0.00
38
51
30
98
41
82
82
77
0.80
0.77
71
0.67
0.67
61
0.70
0.67
0.69
0.65
OTHER PERTINENT RATIOS:
NON-CUR LN&LS TO-LN&LS ALLOWANCE
-EQUITY CAPITAL
%TOTAL P/D LN&LS-INCL NONACCRUAL
IENC-LOANS TO TOTAL LOANS
NON CURR LNS+OREO TO LNS+OREO
NON-CURR RESTRUCT DEBT/GR LN&LS
CURR+NON-CURR RESTRUCT/GR LN&LS
CURRENT RESTRUCT LN&LS
PAGE 09
INTEREST RATE RISK ANALYSIS AS A PERCENT OF ASSETS
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
PNC BANK, NATIONAL ASSOCIATION
INTEREST RATE RISK ANALYSIS AS A PERCENT OF ASSETS
LONG ASSETS INSTS W/ OPTIONS
MORTGAGE LOANS & PASS THRUS
LOANS & SECURITIES OVER 15 YRS
LOANS & SECURITIES 5-15 YRS
BANK
20.17
2.23
6.81
12/31/2001
PEER1
16.34
5.98
3.91
BANK
24.69
1.57
12.25
12/31/1999
PEER1
15.97
4.65
4.55
OTHER LOANS AND SECURITIES
LOANS & SECURITIES OVER 15 YRS
LOANS & SECURITIES 5-15 YRS
TOTAL LOANS & SECURITIES OVR 15
57.46
2.27
8.51
4.50
60.61
1.70
7.56
6.47
33
63
70
43
57.34
1.57
10.80
3.14
60.01
1.47
7.34
6.28
36
63
76
30
64.22
0.91
11.30
2.64
57.24
1.38
6.90
6.34
60.82
1.87
7.17
4.45
57.66
1.22
5.63
5.23
CMO`S TOTAL
AVG LIFE OVER 3 YEARS
3.66
2.77
4.10
2.37
63
67
3.84
3.02
3.68
2.53
64
67
3.13
0.76
4.21
2.18
5.49
0.54
3.59
1.91
STRUCTURED NOTES
HIGH RISK SECURITIES
MORTGAGE SERVICING
TOTAL
98
98
74
95
0.00
NA
0.42
0.42
0.01
0.00
0.19
0.23
78
98
76
71
0.00
NA
2.88
2.88
0.01
0.00
0.33
0.37
70
98
92
92
0.00
0.00
1.39
1.39
0.03
0.08
0.27
0.55
0.00
0.07
0.59
0.66
0.08
0.04
0.25
0.49
16.47
0.58
60.93
64
54
71
7.80
0.00
77.89
15.32
1.03
52.10
21
46
76
9.60
0.00
82.83
15.54
1.30
57.37
25
44
76
8.22
0.00
93.61
15.43
1.68
54.58
10.62
0.00
84.31
14.00
1.91
57.46
0.00
0.00
0.01
0.13
72
64
0.00
0.00
0.00
0.04
74
66
0.00
0.00
-0.03
-0.43
89
86
0.00
0.00
0.02
0.28
0.00
0.00
0.02
0.27
CONTRACTUAL MAT/REPRICE DATA
LOANS/SECURITIES OVER 3 YEARS
LIABILITIES OVER 3 YEARS
NET 3 YEAR POSITION
31.56
4.80
26.77
31.39
3.58
27.07
48
68
45
39.58
2.91
36.67
31.59
3.22
27.75
70
57
76
37.95
5.12
32.83
32.48
2.65
29.49
64
80
60
32.75
8.82
23.93
30.61
2.74
27.72
28.44
6.03
22.40
25.81
2.22
23.34
LOANS/SECURITIES OVER 1 YEAR
LIABILITIES OVER 1 YEAR
NET OVER 1 YEAR POSITION
41.58
12.45
29.13
43.11
8.57
33.96
42
74
31
47.92
9.55
38.37
43.77
9.22
33.63
57
57
57
45.92
13.27
32.65
43.48
7.93
35.49
48
76
41
42.61
15.93
26.68
41.67
7.80
33.60
41.50
12.06
29.44
37.57
8.06
29.67
NON-MATURITY DEPOSITS
NON-MATURITY DEPS % LONG ASSETS
NET OVER 3 YEAR POSITION
53.53
169.60
-21.97
41.51
153.22
-9.87
82
65
21
46.91
118.51
-7.33
36.15
128.49
-4.27
84
54
38
40.34
106.29
-2.39
36.61
123.45
-3.92
66
45
54
39.07
119.29
-6.32
37.80
133.79
-6.90
36.96
129.96
-8.52
38.58
172.01
-12.11
AS % TIER 1 CAPITAL
BANK
PEER1
PCT
BANK
PEER1
PCT
BANK
PEER1
PCT
BANK
PEER1
BANK
PEER1
48.61
NA
4.79
53.40
0.03
0.00
3.07
3.94
98
98
74
92
0.00
NA
4.94
4.94
0.12
0.00
2.89
3.42
70
98
71
69
0.00
NA
38.60
38.60
0.21
0.00
4.95
5.42
69
98
92
92
0.00
0.00
18.05
18.05
0.46
1.06
4.03
7.99
0.00
0.87
7.88
8.74
1.13
0.58
3.83
7.44
UNREALIZED APPN/DEPN
UNREAL APP/DEP % TIER ONE CAP
STRUCTURED NOTES
HIGH RISK SECURITIES
MORTGAGE SERVICING (FV)
TOTAL
BANK
25.14
2.49
12.66
12/31/2000
PEER1
14.94
4.60
3.87
56.80
1.94
6.69
8.26
45
67
75
32
57.00
1.79
9.25
4.27
6.04
3.88
4.09
2.44
67
70
3.67
NA
0.36
4.03
0.00
0.00
0.20
0.26
19.65
0.00
72.78
PAGE 09
4/1/02 5:32:17 PM
PCT
87
40
94
OVERALL RISK INDICATORS
AVAILABLE FOR SALE
HELD TO MATURITY
OFF BALANCE SHEET
PCT
67
37
85
PITTSBURGH, PA
PCT
77
32
94
12/31/1998
BANK PEER1
20.66
17.48
1.73
4.83
8.97
4.44
12/31/1997
BANK PEER1
20.30
16.18
2.58
3.85
6.13
3.75
DIST/RSSD: 04 / 817824
PNC BANK, NATIONAL ASSOCIATION
PITTSBURGH, PA
COUNTY: ALLEGHENY
LIQUIDITY AND INVESTMENT PORTFOLIO
12/31/2001
12/31/2000
12/31/1999
SHORT TERM INVESTMENTS
463,423
414,363
707,293
SHORT TERM ASSETS
9,304,052
9,320,772
12,130,113
SHORT TERM NON CORE FUNDING
6,099,247
9,080,920
15,463,542
NON CORE LIABLILITIES
10,946,665
13,508,285
21,785,581
LIQUIDITY AND INVESTMENT PORTFOLIO PAGE 10
CERT # 6384
CHARTER # 1316
DEBT SECURITIES 90+ DAYS P/D
TOTAL NON-CURRENT DEBT SEC
FAIR VALUE HIGH-RISK MTG SECS
FAIR VALUE STRUCTURED NOTES
PERCENT OF TOTAL ASSETS
SHORT TERM INVESTMENTS
MARKETABLE EQUITY SEC (MES)
CORE DEPOSITS
S T NON CORE FUNDING
LIQUIDITY RATIOS
NET S T NONCORE FUND DEPENDENCE
NET NON CORE FUND DEPENDENCE
BROKERED DEPOSITS TO DEPOSITS
BROKER DEP MAT < 1YR TO BKR DEPS
SHORT TRM INV TO S T NCORE FUND
SHORT TERM ASSET TO S T LIABS
NET S T LIAB TO ASSETS
NET LOANS & LEASES TO DEPOSITS
NET LN&LS TO CORE DEPOSITS
NET LN&LS & SBLC TO ASSETS
SECURITIES MIX
HELD-TO-MATURITY % TOTAL SECS
US TREAS & GOVT AGENCIES
MUNICIPAL SECURITIES
PASS-THROUGH MTG BACKED SECS
CMO & REMIC MTG BACKED SECS
ASSET BACKED SECURITIES
OTHER DOMESTIC DEBT SECS
FOREIGN DEBT SECURITIES
TOTAL HELD-TO-MATURITY
AVAILABLE-FOR-SALE % TOTAL SECS
US TREASURY & GOVT AGENCIES
MUNICIPAL SECURITIES
PASS-THROUGH MTG BACKED SECS
CMO & REMIC MTG BACKED SECS
ASSET BACKED SECURITIES
OTHER DOMESTIC DEBT SECS
FOREIGN DEBT SECURITIES
INV MUT FND & OTH MKTBL
OTHER EQUITY SECURITIES
TOTAL AVAILABLE-FOR-SALE
OTHER SECURITIES RATIOS:
STRUC NOTE TO T1CAP
APP (DEP) HI RISK & STRUC/T1CAP
APP (DEP) IN HTM SEC TO HTM SEC
APP (DEP) IN HTM SEC TO EQY CAP
PLEDGED SECURITIES TO TOT SEC
0
0
0
0
0
0
2,282,713
0
0
12/31/1998
654,694
14,057,069
14,312,251
23,472,644
PAGE 10
4/1/02 5:32:20 PM
12/31/1997
1,297,356
12,746,506
18,890,734
23,509,965
0
0
0
0
0
0
37,805
0
BANK
0.74
0.27
66.70
9.74
PEER1
6.74
0.22
52.73
25.13
PCT
22
70
81
8
BANK
0.66
0.06
63.61
14.37
PEER1
5.81
0.17
49.59
28.27
PCT
21
49
85
8
BANK
1.04
0.01
55.32
22.68
PEER1
5.52
0.14
49.07
29.84
PCT
20
39
57
25
BANK
0.92
0.04
54.76
20.09
PEER1
5.96
0.09
51.44
27.94
BANK
1.86
0.06
54.70
27.10
PEER1
7.96
0.10
52.96
27.10
10.81
20.10
2.53
75.72
7.60
81.85
3.30
85.91
95.43
70.23
21.73
35.24
3.38
31.29
32.00
83.56
7.35
93.01
123.03
65.50
20
20
67
64
38
54
38
37
20
58
15.98
24.15
1.28
23.22
4.56
51.86
13.70
107.19
122.68
84.46
27.57
40.16
3.97
38.34
20.80
64.30
13.42
96.26
137.94
68.29
12
14
46
43
35
40
52
77
42
91
25.19
35.98
0.85
23.23
4.57
52.91
15.83
117.30
137.93
82.96
29.27
40.47
2.07
34.03
18.43
66.02
13.30
97.86
137.75
68.65
38
42
51
41
25
36
54
80
63
86
21.80
36.42
2.78
74.50
4.57
60.38
12.95
128.04
145.53
86.69
27.45
36.79
1.52
32.09
21.48
71.69
11.01
93.45
127.69
67.69
29.33
37.04
1.05
26.43
6.87
47.18
20.47
118.48
137.87
83.37
25.03
33.62
1.24
27.00
29.52
76.78
9.56
89.00
121.22
67.09
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.11
0.34
0.39
0.11
0.00
0.31
0.01
2.68
81
70
74
82
95
77
81
54
0.00
0.00
0.00
0.00
NA
0.00
0.00
0.00
0.42
0.70
0.82
0.34
0.00
0.81
0.02
4.77
71
56
69
74
98
70
74
46
0.00
0.00
0.00
0.00
NA
0.00
0.00
0.00
0.40
0.88
0.99
0.36
0.00
0.62
0.03
5.99
73
55
69
75
98
69
70
44
0.00
0.00
0.00
0.00
NA
0.00
0.00
0.00
0.76
0.87
1.24
0.58
0.00
0.88
0.02
7.49
0.00
0.00
0.00
0.00
NA
0.00
0.00
0.00
1.43
1.80
1.90
1.28
0.00
0.80
0.10
10.45
5.48
0.15
20.36
2.22
20.33
49.90
0.21
1.35
NA
100.00
12.64
3.40
30.83
14.88
5.56
7.38
0.68
1.66
0.00
93.78
47
21
37
32
84
95
82
62
98
98
3.85
0.92
26.19
8.24
NA
51.88
0.56
0.73
7.65
100.00
18.55
4.18
25.45
11.29
0.00
13.34
0.87
1.26
3.18
90.60
16
35
49
47
98
91
80
52
88
98
29.27
0.50
13.62
7.93
NA
41.49
0.42
0.06
6.71
100.00
19.08
3.75
27.25
11.74
0.00
11.71
1.65
1.02
2.92
88.57
70
26
33
47
98
92
76
36
88
98
45.56
1.03
0.08
12.30
NA
33.14
0.41
0.46
7.03
100.00
17.14
4.00
29.67
13.68
0.00
9.95
1.83
0.61
2.44
86.56
13.10
1.63
1.39
47.51
NA
30.65
0.36
0.59
4.78
100.00
22.06
3.27
26.34
14.00
0.00
7.00
2.65
0.79
2.34
84.60
48.27
NA
NA
0.00
45.01
0.03
0.00
0.61
0.11
52.38
98
98
62
64
38
0.00
NA
NA
0.00
74.50
0.11
0.00
0.25
0.03
55.99
70
98
64
66
73
0.00
NA
NA
0.00
54.38
0.20
0.00
-0.68
-0.38
59.04
69
98
85
86
39
0.00
0.00
NA
0.00
69.58
2.12
0.01
0.70
0.24
60.37
0.72
-0.15
NA
0.00
54.73
2.19
-0.01
0.89
0.22
58.25
CAPITAL ANALYSIS
PAGE 11
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
12/31/2001
PNC BANK, NATIONAL ASSOCIATION
CAPITAL ANALYSIS
12/31/2000
PITTSBURGH, PA
12/31/1999
12/31/1998
PAGE 11
4/1/02 5:32:23 PM
12/31/1997
END OF PERIOD CAPITAL ($000)
PERPETUAL PREFERRED
+ COMMON STOCK
+ SURPLUS
+ UNDIVIDED PROFITS
+ ACCUM OTHER COMP INCOME
+ OTHER EQUITY CAPITAL COMP
TOTAL EQUITY CAPITAL
0
218,918
1,344,558
3,298,500
25,685
0
4,887,661
0
218,919
1,255,760
3,845,935
-69,498
0
218,919
2,061,879
3,501,465
-241,248
0
218,919
2,554,105
3,532,815
0
218,919
2,372,031
3,236,981
5,251,116
5,541,015
6,283,312
5,803,927
SUBORD NOTES & DEBENTURES
1,153,235
1,152,698
1,152,161
901,452
761,088
CHANGES IN TOTAL EQUITY ($000)
BALANCE AT BEGINNING OF PERIOD
+ NET INCOME
+ SALE OR PURCHASE OF CAPITAL
+ MERGER & ABSORPTIONS
+ RESTATE DUE TO ACCTG ERROR&CHG
+ TRANS WITH PARENT
- DIVIDENDS
+ OTHER COMPREHENSIVE INCOME
BALANCE AT END OF PERIOD
5,251,116
491,731
18,960
70,284
0
5,345
1,050,000
100,225
4,887,661
5,541,015
1,007,226
8,801
142,053
0
-969,849
650,000
171,870
5,251,116
6,283,312
1,057,038
5,661
0
0
-500,275
1,086,000
-218,721
5,541,015
5,803,927
1,008,240
0
1,843
0
176,825
709,000
1,477
6,283,312
4,629,592
900,886
0
928,616
90,197
-95,578
680,025
30,239
5,803,927
INTANGIBLE ASSETS
MORTGAGE SERVICING RIGHTS
+ PURCH CRED CARD RELATION
+ OTHER INTANGIBLES
+ GOODWILL
TOTAL INTANGIBLES
199,344
0
4,220
1,016,636
1,220,200
155,229
0
18,619
1,051,192
1,225,040
1,720,128
0
9,639
1,109,759
2,839,526
889,181
291,523
17,667
1,187,223
2,385,594
384,608
320,140
25,259
893,040
1,623,047
0
0
0
0
MEMO: GRANDFATHERED INTANG
CAPITAL RATIOS
PERCENT OF TOTAL EQUITY:
NET LOANS & LEASES (X)
SUBORD NOTES & DEBENTURES
LONG TERM DEBT
COM RE & RELATED VENTURES
PERCENT OF AVERAGE TOTAL EQUITY:
NET INCOME
DIVIDENDS
RETAINED EARNINGS
OTHER CAPITAL RATIOS:
DIVIDENDS TO NET OPER INCOME
EQUITY CAPITAL TO ASSETS
GROWTH RATES:
TOTAL EQUITY CAPITAL
EQUITY GROWTH LESS ASST GROWTH
INTANG ASSETS % TOTAL EQUITY
MORTGAGE SERVICING RIGHTS
GOODWILL
PURCH CREDIT CARD RELATION
ALL OTHER INTANGIBLES
TOTAL INTANGIBLES
BANK
PEER1
PCT
BANK
PEER1
PCT
BANK
PEER1
PCT
BANK
PEER1
BANK
PEER1
8.15
23.59
23.59
101.51
7.35
17.56
17.56
137.01
70
65
65
35
9.39
21.95
21.95
95.98
7.92
18.73
18.73
128.97
76
54
54
33
9.39
20.79
20.79
102.83
8.22
18.91
18.91
127.77
73
52
52
36
9.03
14.35
14.35
100.24
7.99
18.85
18.85
118.73
9.06
13.11
13.11
97.65
8.01
19.16
19.16
114.83
9.37
20.01
-10.64
13.68
9.51
3.50
25
94
1
18.94
12.22
6.72
13.82
9.25
3.34
76
67
71
18.11
18.61
-0.50
16.96
11.10
5.34
61
82
17
16.59
11.67
4.92
15.89
9.63
6.03
18.11
13.67
4.44
16.98
11.46
5.20
211.54
7.81
68.90
8.36
97
44
64.53
8.31
64.59
8.03
52
61
102.74
8.13
66.54
7.77
83
63
70.32
8.82
62.29
7.76
75.48
8.33
71.09
7.58
-6.92
-6.01
19.03
3.39
5
25
-5.23
2.10
32.87
4.78
14
43
-11.81
-7.54
12.26
-1.51
7
33
8.26
6.08
32.31
1.37
25.37
3.68
485.28
-5.91
4.08
20.80
0.00
0.09
24.96
2.24
11.78
0.02
1.67
17.43
77
72
78
30
74
2.96
20.02
0.00
0.35
23.33
2.17
11.41
0.05
1.28
17.35
70
77
76
46
69
31.04
20.03
0.00
0.17
51.25
3.49
10.87
0.04
1.07
16.82
91
77
80
36
92
14.15
18.89
4.64
0.28
37.97
2.81
10.30
0.05
1.29
16.30
6.63
15.39
5.52
0.44
27.96
2.79
7.73
0.10
1.42
14.07
PAGE 11A
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
COUNTY: ALLEGHENY
12/31/2001
RISK BASED CAPITAL ($000)
TIER ONE CAPITAL
TOTAL EQUITY CAPITAL ADJUSTED
- INELIGIBLE DEF TAX ASSETS
- INELIGIBLE INTANGIBLES
NET TIER ONE
PITTSBURGH, PA
12/31/1999
12/31/1998
PAGE 11A
4/1/02 5:32:25 PM
12/31/1997
5,750,131
0
1,020,856
4,729,275
6,472,461
0
1,069,811
5,402,650
6,215,322
0
1,119,398
5,095,924
6,674,497
0
1,205,524
5,468,972
6,177,931
0
930,928
5,247,002
873,235
0
679,876
0
350,000
1,903,111
977,698
0
648,833
0
NA
1,626,531
1,082,161
0
643,905
0
NA
1,726,066
866,452
0
718,873
0
NA
1,585,325
761,088
0
809,545
0
NA
1,570,633
6,632,386
0
NA
0
6,632,386
7,029,181
0
0
NA
7,029,181
6,821,990
0
0
NA
6,821,990
7,054,297
0
0
NA
7,054,297
6,817,635
NA
0
NA
6,817,635
RISK-WEIGHTED ASSETS
ON-BALANCE SHEET
CATEGORY TWO - 20%
CATEGORY THREE - 50%
CATEGORY FOUR - 100%
TOTAL ON-BALANCE SHEET
MEMO: CATEGORY ONE - 0%
3,194,204
4,503,881
35,803,526
43,501,612
1,073,140
1,222,745
8,176,952
37,763,675
47,163,372
2,634,074
1,254,530
9,128,006
38,878,280
49,260,816
4,676,051
1,665,912
8,222,741
42,886,058
52,774,711
3,088,578
1,866,122
7,201,706
42,758,757
51,826,585
3,218,481
OFF- BALANCE SHEET
CATEGORY TWO - 20%
CATEGORY THREE - 50%
CATEGORY FOUR - 100%
TOTAL OFF-BALANCE SHEET
MEMO: CATEGORY ONE - 0%
176,825
672,296
9,943,952
10,793,073
9,218,899
77,001
227,232
10,365,854
10,670,087
8,909,432
58,060
833,414
11,574,581
12,466,056
10,851,857
58,033
635,617
12,546,305
13,239,955
5,046,203
312,676
191,450
12,432,919
12,937,045
2,978,504
ADJUSTMENTS TO RISK-WGT ASSETS
RISK-WIEGHTED ASSET BEFORE DED
- INELIGIBLE DEF TAX ASSETS
- INELIGIBLE INTANGIBLES
- RECIPROCAL CAPITAL HOLDINGS
- EXCESS ALLOWABLE LN&LS LOSS AL
- ALLOCATED TRANSFER RISK RESERV
- MARKET RISK EQUIV ASSETS
TOTAL RISK-WEIGHTED ASSETS
54,294,685
NA
NA
NA
0
0
109,892
54,404,578
57,833,459
0
0
0
0
0
0
57,833,459
61,726,873
0
0
0
0
0
0
61,726,873
66,014,667
0
0
0
0
0
0
66,014,667
64,763,631
0
0
0
130,254
0
NA
64,633,376
TIER TWO CAPITAL
+ QUALIF DEBT AND REDEEM PFD
+ CUMULATIVE PREFERRED STOCK
+ ALLOWABLE LN&LS LOSS ALLOW
+ UNRL GAIN MKTBL EQY SEC (45%)
+ OTHER TIER 2 CAPITAL COMP
NET ELIGIBLE TIER TWO
TOTAL RBC BEFORE DEDUCTIONS
TIER ONE & TIER TWO
TIER THREE
- RECRIPROCAL CAPITAL HOLDINGS
- DEDUCTIONS FOR TOTAL RBC
TOTAL RISK-BASED-CAPITAL
RISK-BASED CAPITAL ANALYSIS
PNC BANK, NATIONAL ASSOCIATION
CAPITAL ANALYSIS
12/31/2000
RISK-BASED CAPITAL
TIER ONE RBC TO RISK-WGT ASSETS
TOTAL RBC TO RISK-WEIGHT ASSETS
TIER ONE LEVERAGE CAPITAL
BANK
8.69
12.19
7.65
PEER1
9.20
12.03
7.12
PCT
41
65
74
BANK
9.34
12.15
8.77
PEER1
8.49
11.21
7.04
PCT
71
87
92
BANK
8.26
11.05
7.65
PEER1
8.50
11.20
7.06
PCT
41
58
73
BANK
8.28
10.69
7.72
PEER1
8.36
11.17
6.92
OTHER CAPITAL RATIO:
DEF TAX ASSET TO T1 CAP
0.00
1.12
64
0.00
1.15
61
0.00
2.65
42
0.00
1.37
NOTE: FROM MARCH 31, 2001 FORWARD RISK BASED CAPITAL RATIOS AND DATA DO NOT INCLUDE ADJUSTMENT FOR FINANCIAL SUBSIDIARIES.
FOR BANKS WITH FINANCIAL SUBSIDIARIES PLEASE REFER TO CALL REPORT FOR INFORMATION ON THE ADJUSTMENT.
BANK
8.12
10.55
8.03
PEER1
8.39
11.15
6.93
1.06
1.67
ONE QUARTER ANNUALIZED INCOME ANALYSIS PAGE 12
CERT # 6384
CHARTER # 1316
DIST/RSSD: 04 / 817824
PNC BANK, NATIONAL ASSOCIATION
PITTSBURGH, PA
COUNTY: ALLEGHENY
ONE QUARTER ANNUALIZED INCOME ANALYSIS
12/31/2001
12/31/2000
12/31/1999
12/31/1998
EARNINGS AND PROFITABILITY
PERCENT OF AVERAGE ASSETS:
BANK PEER1
PCT
BANK PEER1
PCT
BANK PEER1
PCT
BANK PEER1
INTEREST INCOME (TE)
5.36
5.68
34
6.04
7.53
8
6.68
6.94
30
7.04
7.52
- INTEREST EXPENSE
1.77
2.17
22
2.57
4.15
2
3.44
3.45
48
3.52
3.66
NET INTEREST INCOME (TE)
3.59
3.52
44
3.47
3.42
43
3.24
3.54
26
3.52
3.90
+ NONINTEREST INCOME
2.57
2.07
71
1.05
1.98
19
2.99
2.48
69
3.66
2.46
- NON-INTEREST EXPENSE
4.46
3.31
82
1.77
3.20
7
3.77
3.58
69
4.50
4.07
- PROVISION: LOAN&LEASE LOSSES
4.24
0.63
98
0.27
0.52
45
0.17
0.30
36
0.63
0.32
PRETAX OPERATING INCOME (TE)
-2.54
1.58
2
2.48
1.66
83
2.29
2.14
61
2.05
1.96
+ REALIZED GAINS/LOSSES SECS
-0.02
0.09
11
0.11
0.01
90
0.00
-0.02
72
0.24
0.06
PRETAX NET OPERATING INC (TE)
-2.56
1.74
2
2.59
1.68
84
2.29
2.10
63
2.29
2.03
NET OPERATING INCOME
-1.64
1.15
2
1.83
1.09
84
1.61
1.34
70
1.43
1.31
ADJUSTED NET OPERATING INCOME
-2.21
1.29
2
1.83
1.29
80
1.61
1.34
69
1.07
1.32
NET INCOME ADJUSTED SUB S
1.15
1.09
1.36
1.31
NET INCOME
-1.64
1.15
2
1.83
1.09
84
1.61
1.36
69
1.43
1.31
MARGIN ANALYSIS:
INT INC (TE) TO AVG EARN ASSETS
6.12
6.32
37
6.80
8.33
8
7.48
7.70
33
7.75
8.34
INT EXPENSE TO AVG EARN ASSETS
2.02
2.40
22
2.89
4.57
2
3.85
3.82
52
3.88
4.04
NET INT INC-TE TO AVG EARN ASST
4.10
3.92
51
3.91
3.79
53
3.63
3.92
25
3.88
4.33
LOAN & LEASE ANALYSIS
NET LOSS TO AVERAGE TOTAL LN&LS
EARNINGS COVERAGE OF NET LOSS(X)
LN&LS ALLOWANCE TO NET LOSSES(X)
CAPITALIZATION
CASH DIVIDENDS TO NET INCOME
RETAIN EARNS TO AVG TOT EQUITY
YIELD ON OR COST OF:
TOTAL LOANS & LEASES (TE)
LOANS IN DOMESTIC OFFICES
REAL ESTATE
COMMERCIAL & INDUSTRIAL
INDIVIDUAL
CREDIT CARD PLANS
AGRICULTURAL
LOANS IN FOREIGN OFFICES
TOTAL INVESTMENT SECURITIES(TE)
TOTAL INVESTMENT SECURITES(BOOK)
U S TREAS & AGENCY (EXCL MBS)
MORTGAGE BACKED SECURITIES
ALL OTHER SECURITIES
INTEREST-BEARING BANK BALANCES
FEDERAL FUNDS SOLD & RESALES
TOTAL INT-BEARING DEPOSITS
TRANSACTION ACCOUNTS
OTHER SAVINGS DEPOSITS
TIME DEPS OVER $100M
ALL OTHER TIME DEPOSITS
DEPOSITS IN FOREIGN OFFICES
FEDERAL FUNDS PURCHASED & REPOS
OTHER BORROWED MONEY
SUBORD NOTES & DEBENTURES
ALL INTEREST-BEARING FUNDS
PAGE 12
4/1/02 5:32:28 PM
12/31/1997
BANK
10.52
5.24
5.28
2.83
5.01
0.15
2.96
0.14
3.10
1.92
1.52
1.92
PEER1
7.50
3.65
3.90
2.17
3.72
0.33
2.04
0.03
2.10
1.41
1.39
1.41
1.41
11.57
5.76
5.81
8.30
4.02
4.33
7.29
0.35
0.20
0.83
5.51
2.17
98
8
7
0.34
10.10
3.84
0.58
8.36
3.26
32
70
69
0.21
14.89
5.81
0.49
11.08
3.70
16
80
82
1.22
2.67
1.01
0.50
10.90
4.27
0.69
5.57
2.61
0.52
9.53
4.42
-97.00
-39.00
61.66
-0.30
7
5
104.71
-1.05
84.86
0.92
73
35
135.80
-6.95
76.50
2.02
76
25
73.54
4.35
70.45
3.43
92.44
1.80
71.99
2.12
6.58
6.53
6.86
6.56
6.44
0.00
6.31
0.14
4.87
4.87
2.73
5.73
3.24
3.01
2.02
2.28
1.64
1.37
4.68
4.29
2.04
1.94
2.64
5.92
2.41
6.79
6.68
6.91
6.40
7.81
4.71
5.49
12.16
6.06
5.92
4.79
6.21
5.73
4.14
2.25
2.51
1.43
1.46
4.21
4.50
1.56
2.26
4.52
3.78
2.73
37
34
42
58
30
57
52
78
18
21
17
20
11
52
22
37
67
50
71
44
44
34
18
67
28
7.47
7.43
6.04
8.57
11.13
NA
11.10
0.22
0.53
0.52
NA
NA
NA
6.19
6.54
4.85
3.35
1.64
7.82
6.57
6.61
14.47
-8.25
7.69
3.27
8.90
8.93
8.77
9.51
10.25
0.00
8.38
1.53
6.90
6.74
0.00
0.00
0.00
7.38
6.67
4.71
2.67
2.10
6.34
6.20
4.80
6.42
6.49
5.85
5.22
5
5
1
14
66
98
87
76
2
2
98
98
98
43
26
61
67
39
92
76
78
97
1
77
1
7.75
7.72
7.36
8.73
8.22
NA
8.67
0.40
5.88
5.86
NA
NA
NA
6.29
5.46
3.66
2.42
1.54
5.33
5.12
5.32
5.02
5.84
7.04
4.35
8.25
8.29
8.45
8.66
9.65
0.00
7.78
0.50
6.53
6.36
0.00
0.00
0.00
5.79
5.65
3.92
2.09
2.09
5.32
5.22
4.12
5.41
7.08
5.31
4.45
22
22
7
64
25
98
58
77
16
23
98
98
98
72
47
30
63
30
50
57
69
20
61
76
48
8.04
8.01
7.62
7.78
11.42
NA
6.40
0.30
5.50
5.46
NA
NA
NA
5.10
4.95
3.76
2.80
1.76
4.95
5.56
4.98
4.58
5.68
6.91
4.41
8.97
8.97
8.63
9.05
11.64
0.00
8.28
1.18
7.19
6.97
0.00
0.00
0.00
6.63
5.75
4.53
2.61
2.54
5.89
6.06
4.33
5.22
6.56
5.03
4.83
12.04
12.05
14.49
9.49
12.92
NA
36.84
4.83
9.61
9.42
NA
NA
NA
11.77
-4.56
6.40
4.20
2.57
13.90
8.17
6.41
8.88
6.97
9.49
6.71
8.97
8.99
8.93
8.72
11.23
0.00
9.86
7.81
6.97
6.82
0.00
0.00
0.00
6.05
5.66
4.49
2.41
2.50
5.78
5.96
4.79
5.73
5.94
6.01
4.84
SUMMARY INFORMATION FOR BANKS IN STATE STAVG
SUMMARY INFORMATION FOR BANKS IN STATE OF PENNSYLVANIA
AVERAGE FOR ALL INSURED COMMERCIAL BANKS IN STATE
12/31/2001
12/31/2000
12/31/1999
12/31/1998
12/31/1997
STAVG
BANKS WITH ASSETS - $MILL 12/31/2001
0-25
25-100
100+
EARNINGS AND PROFITABILITY
PERCENT OF AVERAGE ASSETS:
INTEREST INCOME (TE)
- INTEREST EXPENSE
NET INTEREST INCOME (TE)
+ NONINTEREST INCOME
- NON-INTEREST EXPENSE
- PROVISION: LOAN&LEASE LOSSES
= PRETAX OPERATING INCOME (TE)
+ SECURITIES GAINS (LOSSES)
= PRETAX NET OPERATING INC (TE)
NET OPERATING INCOME
ADJUSTED NET OPERATING INCOME
NET INCOME ADJUSTED SUB S
NET INCOME
MARGIN ANALYSIS
AVG EARNINGS ASSETS TO AVG ASSETS
AVG INT-BEARING FUNDS TO AVG AST
INT INC (TE) TO AVG EARN ASSETS
INT EXPENSE TO AVG EARN ASSETS
NET INT INC-TE TO AVG EARN ASSET
7.09
3.34
3.75
0.70
2.86
0.17
1.48
0.04
1.54
1.04
1.09
1.04
1.04
7.51
3.62
3.91
0.64
2.94
0.15
1.54
0.00
1.54
1.04
1.12
1.04
1.04
7.20
3.23
3.96
0.60
2.82
0.14
1.66
0.01
1.68
1.12
1.17
1.11
1.12
7.50
3.41
4.09
0.56
2.86
0.14
1.72
0.03
1.77
1.17
1.22
1.17
1.17
7.64
3.42
4.22
0.55
2.83
0.14
1.84
0.02
1.87
1.23
1.28
1.23
1.23
6.48
2.76
3.72
3.60
7.02
0.14
0.15
0.02
0.18
0.00
0.14
0.00
0.00
7.12
3.41
3.74
0.62
3.41
0.23
0.81
0.04
0.93
0.57
0.71
0.57
0.57
7.10
3.35
3.76
0.71
2.75
0.16
1.59
0.04
1.64
1.11
1.15
1.11
1.11
93.66
78.69
7.57
3.58
4.01
94.23
78.54
7.96
3.85
4.14
94.17
78.40
7.65
3.43
4.21
94.45
77.97
7.94
3.62
4.33
94.47
78.01
8.10
3.62
4.48
88.64
64.53
7.33
3.13
4.20
93.55
75.84
7.59
3.65
3.99
93.76
79.64
7.58
3.57
4.01
LOAN & LEASE ANALYSIS
NET LOSS TO AVERAGE TOTAL LN&LS
EARNINGS COVERAGE OF NET LOSS(X)
LN&LS ALLOWANCE TO NET LOSSES(X)
LN&LS ALLOWANCE TO TOTAL LN&LS
0.17
27.41
14.08
1.21
0.13
28.02
13.36
1.21
0.12
35.97
16.27
1.21
0.14
32.70
14.99
1.26
0.15
32.22
14.06
1.28
0.00
66.50
18.50
1.00
0.13
57.83
33.87
1.28
0.18
24.12
12.03
1.19
LIQUIDITY
NET NON CORE FUNDING DEPENDENCE
NET LOANS & LEASES TO ASSETS
15.13
62.67
13.61
63.87
14.56
62.49
7.26
60.80
6.57
62.47
10.15
49.23
6.45
63.86
17.04
62.89
CAPITALIZATION
TIER ONE LEVERAGE CAPITAL
CASH DIVIDENDS TO NET INCOME
RETAIN EARNS TO AVG TOTAL EQUITY
9.40
42.40
4.71
9.95
44.19
4.83
9.78
42.73
5.48
10.02
40.51
5.81
10.07
37.36
6.69
22.60
20.12
-3.27
12.20
22.85
2.36
8.72
47.44
5.34
11.18
5.85
9.45
62.88
15.57
9.68
6.50
12.13
83.07
8.56
9.90
7.37
13.29
-26.85
66.69
12.87
8.26
10.42
35.10
14.13
10.22
8.86
11.45
38.44
28.66
16.50
-0.50
30.73
61.41
98.88
13.99
2.90
14.37
128.44
31.05
10.34
6.74
8.11
47.78
12.30
0.24
0.54
0.86
0.20
0.40
0.65
0.23
0.45
0.78
0.29
0.45
0.82
0.33
0.51
0.94
0.21
0.00
0.21
0.53
0.73
1.38
0.21
0.57
0.84
193,504.03
17053
2599
181
189,582.47
15919
2783
187
195,327.84
16547
2565
193
198,351.60
17743
2762
197
267,581.33
23039
3689
212
133.89
39
-2
6
2,216.21
265
9
33
191,153.94
16749
2592
142
GROWTH RATES
ASSETS
TIER ONE CAPITAL
NET LOANS & LEASES
SHORT TERM INVESTMENTS
SHORT TERM NON CORE FUNDING
NON-CURRENT LOANS & LEASES:
TOTAL LN&LS-90+ DAYS PAST DUE
- NONACCRUAL
- TOTAL
TOTAL ASSETS ($MILLIONS)
EQUITY CAPITAL ($MILLIONS)
NET INCOME ($ MILLIONS)
NUMBER OF BANKS IN TABULATION
Bank Management, 5th edition.
Timothy W. Koch and S. Scott MacDonald
Copyright © 2003 by South-Western, a division of Thomson Learning
ANALYZING BANK
PERFORMANCE:
USING THE UBPR
Chapter 3