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PNC » Topics » Commercial Lending Exposure (a)

This excerpt taken from the PNC 10-K filed Mar 1, 2007.

Commercial Lending Exposure (a)

 

December 31 - in millions    2006    2005

Investment grade or equivalent

    49%    46%

Non-investment grade

        

$50 million or greater

    2%    2%

All other non-investment grade

    49%    52%

Total

    100%    100%
(a) Includes total commercial, commercial real estate, and equipment lease financing categories.
This excerpt taken from the PNC 10-Q filed Nov 9, 2006.

Commercial Lending Exposure (a)

 

    September 30
2006		     December 31
2005		  

Investment grade or equivalent

   49 %   46 %

Non-investment grade

    

$50 million or greater

   3     2  

All other non-investment grade

   48     52  

Total

   100 %   100 %
(a) Includes total commercial lending in the Retail Banking and Corporate & Institutional Banking business segments.

Commercial loans are the largest category and are the most sensitive to changes in assumptions and judgments underlying the determination of the allowance for loan and lease losses. We have allocated approximately $455 million, or 80%, of the total allowance for loan and lease losses at September 30, 2006 to the commercial loan category. This allocation also considers other relevant factors such as:

  ·   Actual versus estimated losses,
  ·   Regional and national economic conditions,
  ·   Business segment and portfolio concentrations,
  ·   Industry competition and consolidation,
  ·   The impact of government regulations, and
  ·   Risk of potential estimation or judgmental errors, including the accuracy of risk ratings.
This excerpt taken from the PNC 10-Q filed Aug 9, 2006.

Commercial Lending Exposure (a)

 

    

June 30

2006

    

December 31

2005

  

Investment grade or equivalent

    48 %   46 %

Non-investment grade

     

$50 million or greater

    2     2  

All other non-investment grade

    50     52  

Total

    100 %   100 %
(a) Includes total commercial lending in the Retail Banking and Corporate & Institutional Banking business segments.

 

10

Table of Contents

Commercial loans are the largest category and are the most sensitive to changes in assumptions and judgments underlying the determination of the allowance for loan and lease losses. We have allocated approximately $502 million, or 82%, of the total allowance for loan and lease losses at June 30, 2006 to the commercial loan category. This allocation also considers other relevant factors such as:

  ·   Actual versus estimated losses,
  ·   Regional and national economic conditions,
  ·   Business segment and portfolio concentrations,
  ·   Industry competition and consolidation,
  ·   The impact of government regulations, and
  ·   Risk of potential estimation or judgmental errors, including the accuracy of risk ratings.
This excerpt taken from the PNC 10-Q filed May 9, 2006.

Commercial Lending Exposure (a)

 

     March 31
2006		     December 31
2005		  

Investment grade or equivalent

    47 %   46 %

Non-investment grade

     

$50 million or greater

    2 %   2 %

All other non-investment grade

    51 %   52 %

Total

    100 %   100 %
(a) Includes total commercial lending in the Retail Banking and Corporate & Institutional Banking business segments.

 

8

Table of Contents

Commercial loans are the largest category of credits and are the most sensitive to changes in assumptions and judgments underlying the determination of the allowance for loan and lease losses. We have allocated approximately $489 million, or 82%, of the total allowance for loan and lease losses at March 31, 2006 to the commercial loan category. This allocation also considers other relevant factors such as:

  ·   Actual versus estimated losses,
  ·   Regional and national economic conditions,
  ·   Business segment and portfolio concentrations,
  ·   Industry competition and consolidation,
  ·   The impact of government regulations, and
  ·   Risk of potential estimation or judgmental errors, including the accuracy of risk ratings.

EXCERPTS ON THIS PAGE:

10-K
Mar 1, 2007
10-Q
Nov 9, 2006
10-Q
Aug 9, 2006
10-Q
May 9, 2006

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