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PNC » Topics » B USINESS S EGMENT C HANGES I N 2009

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

BUSINESS SEGMENT CHANGES IN 2009

In addition to our existing business segments, PNC will have three additional business segments beginning in the first quarter of 2009: Residential Mortgage Banking; PNC Asset Management Group; and Distressed Assets Portfolio. These new business segments reflect the impact of our December 31, 2008 acquisition of National City and are more fully described in Note 28 Subsequent Event included in the Notes To Consolidated Financial Statements included under Item 8 of this Report.

SUBSIDIARIES Our corporate legal structure at December 31, 2008 consisted of three domestic subsidiary banks, including their subsidiaries, and approximately 79 active non-bank subsidiaries. PNC Bank, N.A., headquartered in Pittsburgh, Pennsylvania, and National City Bank, headquartered in Cleveland, Ohio, are our principal bank subsidiaries. Our other bank subsidiary is PNC Bank, Delaware. Our non-bank subsidiary, Global Investment Servicing, has obtained a banking license in Ireland and a branch in Luxembourg, which allow Global Investment Servicing to provide depositary services as part of its business. For additional information on our subsidiaries, see Exhibit 21 to this Report.

STATISTICAL DISCLOSURE BY BANK HOLDING COMPANIES The following statistical information is included on the indicated pages of this Report and is incorporated herein by reference:

 

      Form 10-K page

Average Consolidated Balance Sheet And Net Interest Analysis

    157

Analysis Of Year-To-Year Changes In Net Interest Income

    156

Book Values Of Securities

    33 and 108-110

Maturities And Weighted-Average Yield Of Securities

    110

Loan Types

    31, 104 and 158

Selected Loan Maturities And Interest Sensitivity

    161

Nonaccrual, Past Due And Restructured Loans And Other Nonperforming Assets

    60-62, 105 and 158

Potential Problem Loans And Loans Held For Sale

    35 and 60-62

Summary Of Loan Loss Experience

    61-62 and 159

Assignment Of Allowance For Loan And Lease Losses

    61-62 and 159

Average Amount And Average Rate Paid On Deposits

    157

Time Deposits Of $100,000 Or More

    121 and 161

Selected Consolidated Financial Data

    21-22

 

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