PNC » Topics » PURCHASE ACCOUNTING ACCRETION

This excerpt taken from the PNC 8-K filed Jul 23, 2009.

PURCHASE ACCOUNTING ACCRETION

 

     Three months ended     Six months ended  

In millions

   March 31
2009
    June 30
2009
    June 30
2009
 

Performing loans

   $ 322      $ 168      $ 490   

Impaired loans

     257        259        516   

Reversal of contractual interest on impaired loans

     (223     (194     (417
                        

Net impaired loans

     34        65        99   

Securities

     31        41        72   

Deposits

     312        264        576   

Borrowings

     (85     (52     (137
                        

Total

   $ 614      $ 486      $ 1,100   
                        
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