PNC FINANCIAL SERVICES GROUP INC
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
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Time Deposits
The aggregate amount of time deposit accounts (including certificates of deposits) in denominations that met or exceeded the insured limit were $7.3 billion at December 31, 2023.
Table 68 shows the total amount of time deposits at December 31, 2023 by future contractual maturity range:
Table 68: Time Deposits
| In billions | |
|---|---|
| 2024 | $30.7 |
| 2025 | $0.5 |
| 2026 | $0.1 |
| 2027 | $0.1 |
| 2028 | $0.1 |
| 2029 and thereafter | $0.1 |
| Total | $31.6 |
NOTE 9 BORROWED FUNDS
The following table shows the carrying value of total borrowed funds at December 31, 2023 (including adjustments related to accounting hedges, purchase accounting and unamortized original issuance discounts) by remaining contractual maturity:
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