PNC » Topics » N OTE 4 L OANS AND C OMMITMENTS T O E XTEND C REDIT

This excerpt taken from the PNC 10-Q filed May 11, 2009.

NOTE 4 LOANS AND COMMITMENTS TO EXTEND CREDIT

Loans outstanding were as follows:

 

In millions    March 31,
2009
   December 31,
2008

Commercial

   $ 65,197    $ 69,220

Commercial real estate

     25,420      25,736

Consumer

     51,968      52,489

Residential real estate

     22,488      21,583

Equipment lease financing

     6,300      6,461

Total loans

   $ 171,373    $ 175,489

Loans are presented net of unearned income, net deferred loan fees, unamortized discounts and premiums, and purchase discounts and premiums totaling $3.5 billion and $4.1 billion at March 31, 2009 and December 31, 2008, respectively.

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