This excerpt taken from the PNC 8-K filed Jan 24, 2007.
The fair value of demand deposits, savings accounts and money market deposits is the amount payable on demand at the reporting date. The fair value of fixed-maturity certificates of deposit is estimated using a discounted cash flow calculation that applies interest rates and remaining maturities for currently offered certificates of deposit.
This excerpt taken from the PNC 8-K filed Oct 10, 2006.
Mercantile price reflects market closing price of $36.78 on 10/6/06; estimated earnings represent Mercantile 2006
Reflects median of bank and thrift deals announced after 1/1/04 with deal value between $1 and $10 billion, listed in
Source: SNL DataSource. Ratios at date of deal announcement.