PNC » Topics » Fair Value Option - Fair Value and Principal Balances

This excerpt taken from the PNC 10-K filed Mar 2, 2009.

Fair Value Option – Fair Value and Principal Balances

 

In millions   

Fair Value

December 31,
2008

  

Aggregate Unpaid
Principal Balance

December 31,
2008

   Difference  

Customer resale agreements

   $ 1,072    $ 980    $ 92  

Commercial mortgage loans held for sale

          

Performing loans

     1,376      1,572      (196 )

Nonaccrual loans

     24      27      (3 )

Total

     1,400      1,599      (199 )

 

113


Table of Contents
This excerpt taken from the PNC 10-Q filed Nov 6, 2008.

Fair Value Option – Fair Value and Principal Balances

 

In millions   

Fair Value

September 30,
2008

  

Aggregate Unpaid
Principal Balance

September 30,
2008

   Difference  

Assets

          

Customer resale agreements

   $ 1,007    $ 980    $ 27  

Commercial mortgage loans held for sale (a)

     1,465      1,664      (199 )

Liabilities

          

Bank notes

     6      6         

(a)    Includes loans held for sale which are 90 days or more past due.

     $11      $13    $ (2 )

 

67


Table of Contents
This excerpt taken from the PNC 10-Q filed Aug 8, 2008.

Fair Value Option – Fair Value and Principal Balances

 

In millions  

Fair Value

June 30, 2008

 

Aggregate Unpaid
Principal Balance

June 30, 2008

  Difference  

Assets

       

Customer resale
agreements

  $ 1,001   $ 980   $ 21  

Commercial mortgage
loans held for sale (a)

    1,604     1,745     (141 )

Liabilities

       

Bank notes

    11     11        

(a)    Includes loans held for sale which are 90 days or more past due.

    $6     $6  

 

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