<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities and Exchange Act of 1934
(Amendment No. __)*
PNC Bank Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
693475 10 5
(CUSIP Number)
Check the following box if a fee is being paid with the statement
[x]. (A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
(Continued on following page(s))
Page 1 of 17 Pages
____________________
* The remainder of this cover page shall be filed out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act.
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CUSIP No. 693475 10 5 13G Page 2 of 17 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Warren E. Buffett ###-##-####
2 Check The Appropriate Box If A Member Of A Group*
(a) [ ]
(b) [ ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 Citizenship Or Place Of Organization
United States Citizen
5 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Voting Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Voting Power
19,453,300 Shares Common Stock
9 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Dispositive Power
-0-
10 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Dispositive Power
19,453,300 Shares Common Stock
11 Aggregate Amount Beneficially Owned By Each Reporting Person
19,453,300 Shares Common Stock
12 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares*
[ ]
13 Percent Of Class Represented By Amount In Row (9)
8.3% Common Stock (see response to Item 4)
14 Type Of Reporting Person*
IN
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CUSIP No. 693475 10 5 13G Page 3 of 17 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Berkshire Hathaway Inc. 04-2254452
2 Check The Appropriate Box If A Member Of A Group*
(a) [ ]
(b) [ ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 Citizenship Or Place Of Organization
Delaware corporation
5 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Voting Power
19,453,300 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Dispositive Power
19,453,300 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting Person
19,453,300 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares*
[ ]
11 Percent Of Class Represented By Amount In Row (9)
8.3% Common Stock (see response to Item 4)
12 Type Of Reporting Person*
HC, CO
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CUSIP No. 693475 10 5 13G Page 4 of 17 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Central States of Omaha Companies, Inc. 47-0600248
2 Check The Appropriate Box If A Member Of A Group*
(a) [ ]
(b) [ ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Voting Power
400,000 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Dispositive Power
400,000 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting Person
400,000 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares*
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.2% Common Stock (see response to Item 4)
12 Type Of Reporting Person*
HC, CO
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CUSIP No. 693475 10 5 13G Page 5 of 17 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
National Indemnity Company 47-0355979
2 Check The Appropriate Box If A Member Of A Group*
(a) [ ]
(b) [ ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Voting Power
13,792,300 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Dispositive Power
13,792,300 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting Person
13,792,300 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares*
[ ]
11 Percent Of Class Represented By Amount In Row (9)
5.9% Common Stock (see response to Item 4)
12 Type Of Reporting Person*
IC, CO
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CUSIP No. 693475 10 5 13G Page 6 of 17 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Columbia Insurance Company 47-0530077
2 Check The Appropriate Box If A Member Of A Group*
(a) [ ]
(b) [ ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Voting Power
4,961,000 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Dispositive Power
4,961,000 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting Person
4,961,000 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares*
[ ]
11 Percent Of Class Represented By Amount In Row (9)
2.1% Common Stock (see response to Item 4)
12 Type Of Reporting Person*
IC, CO
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CUSIP No. 693475 10 5 13G Page 7 of 17 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
Central States Indemnity Co. of Omaha 47-0591908
2 Check The Appropriate Box If A Member Of A Group*
(a) [ ]
(b) [ ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 Citizenship Or Place Of Organization
Nebraska corporation
5 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Voting Power
400,000 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Dispositive Power
400,000 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting Person
400,000 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares*
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.2% Common Stock (see response to Item 4)
12 Type Of Reporting Person*
IC, CO
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CUSIP No. 693475 10 5 13G Page 8 of 17 Pages
1 Name Of Reporting Person
S.S. Or I.R.S. Identification No. Of Above Person
The Fechheimer Brothers Company 31-1000330
2 Check The Appropriate Box If A Member Of A Group*
(a) [ ]
(b) [ ]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 Citizenship Or Place Of Organization
Delaware corporation
5 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Voting Power
-0-
6 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Voting Power
300,000 Shares Common Stock
7 Number Of Shares Beneficially Owned By Each Reporting Person With Sole
Dispositive Power
-0-
8 Number Of Shares Beneficially Owned By Each Reporting Person With
Shared Dispositive Power
300,000 Shares Common Stock
9 Aggregate Amount Beneficially Owned By Each Reporting Person
300,000 Shares Common Stock
10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares*
[ ]
11 Percent Of Class Represented By Amount In Row (9)
0.1% Common Stock (see response to Item 4)
12 Type Of Reporting Person*
CO
<PAGE>
CUSIP No. 693475 10 5 13G Page 9 of 17 Pages
Item 1(a). Name of Issuer:
PNC Bank Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
One PNC Plaza
Fifth Avenue and Wood Street
Pittsburgh, Pennsylvania 15265
Item 2(a). Name of Persons Filing:
Item 2(b). Address of Principal Business Office:
Item 2(c). Citizenship:
This Statement is filed by the following persons
(collectively, the "Reporting Persons"):
Warren E. Buffett
1440 Kiewit Plaza
Omaha, Nebraska 68131
(United States Citizen)
Berkshire Hathaway Inc.
1440 Kiewit Plaza
Omaha, Nebraska 68131
(Delaware Corporation)
National Indemnity Company
3024 Harney Street
Omaha, Nebraska 68131
(Nebraska Corporation)
Central States of Omaha Companies, Inc.
1212 North 96th Street
Omaha, Nebraska 68114
(Nebraska Corporation)
Central States Indemnity Co. of Omaha
1212 North 96th Street
Omaha, Nebraska 68114
(Nebraska Corporation)
Columbia Insurance Company
3024 Harney Street
Omaha, Nebraska 68131
(Nebraska Corporation)
The Fechheimer Brothers Company
4545 Malsbary Road
Cincinnati, Ohio 45252
(Delaware Corporation)
Item 2(d). Title of Class of Securities:
Common Stock
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CUSIP No. 693475 10 5 13G Page 10 of 17 Pages
Item 2(e). CUSIP Number:
693475 10 5
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the
Act: Not applicable.
(b) [ ] Bank as defined in Section 3(a)(6) of the Act: Not
applicable.
(c) [X] Insurance Company as defined in Section 3(a)(19) of the
Act:
National Indemnity Company
Columbia Insurance Company
Central States Indemnity Co. of Omaha
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act: Not applicable.
(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940: Not applicable.
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund: Not applicable.
(g) [X] Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G):
Berkshire Hathaway Inc.
Central States of Omaha Companies,
Inc.**
Warren E. Buffett (an individual who may be deemed
to control Berkshire Hathaway Inc.)
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H): Not
applicable.
** Central States of Omaha Companies, Inc. is the parent holding company
of Central States Indemnity Co. of Omaha. Berkshire Hathaway Inc. is the parent
holding company of Central States of Omaha Companies, Inc.
<PAGE>
CUSIP No. 693475 10 5 13G Page 11 of 17 Pages
Item 4. Ownership
As of December 31, 1994 the Reporting Persons beneficially owned in
the aggregate more than five percent of the outstanding Common Stock
as follows:
Warren E. Buffett
(a) Amount Beneficially Owned: 19,453,300 shares Common Stock.
(b) Percent of Class: 8.3% of Common Stock.***
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none.
(ii) shared power to vote or to direct the vote:
19,453,300 shares Common Stock.
(iii) sole power to dispose or direct the disposition
of: none.
(iv) shared power to dispose or to direct the
disposition of: 19,453,300 shares Common Stock.
Berkshire Hathaway Inc.
(a) Amount Beneficially Owned: 19,453,300 shares Common Stock
(b) Percent of Class: 8.3% of Common Stock.***
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none.
(ii) shared power to vote or to direct the vote:
19,453,300 shares Common Stock.
(iii) sole power to dispose or direct the disposition
of: none.
(iv) shared power to dispose or to direct the
disposition of: 19,453,300 shares Common Stock.
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CUSIP No. 693475 10 5 13G Page 12 of 17 Pages
National Indemnity Company
(a) Amount Beneficially Owned: 13,792,300 shares Common Stock.
(b) Percent of Class: 5.9% of Common Stock.***
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none.
(ii) shared power to vote or to direct the vote:
13,792,300 shares Common Stock.
(iii) sole power to dispose or direct the disposition
of: none.
(iv) shared power to dispose or to direct the
disposition of: 13,792,300 shares Common Stock.
Columbia Insurance Company
(a) Amount Beneficially Owned: 4,961,000 shares Common Stock
(b) Percent of Class: 2.1% of Common Stock.***
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none.
(ii) shared power to vote or to direct the vote:
4,961,000 shares Common Stock.
(iii) sole power to dispose or direct the disposition
of: none.
(iv) shared power to dispose or to direct the
disposition of: 4,961,000 shares Common Stock.
<PAGE>
CUSIP No. 693475 10 5 13G Page 13 of 17 Pages
Central States of Omaha Companies, Inc.
(a) Amount Beneficially Owned: 400,000 shares Common Stock.
(b) Percent of Class: 0.2% of Common Stock.***
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none.
(ii) shared power to vote or to direct the vote:
400,000 shares Common Stock.
(iii) sole power to dispose or direct the disposition
of: none.
(iv) shared power to dispose or to direct the
disposition of: 400,000 shares Common Stock.
Central States Indemnity Co. of Omaha
(a) Amount Beneficially Owned: 400,000 shares Common Stock
(b) Percent of Class: 0.2% of Common Stock.***
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none.
(ii) shared power to vote or to direct the vote:
400,000 shares Common Stock.
(iii) sole power to dispose or direct the disposition
of: none.
(iv) shared power to dispose or to direct the
disposition of: 400,000 shares Common Stock.
<PAGE>
CUSIP No. 693475 10 5 13G Page 14 of 17 Pages
The Fechheimer Brothers Company
(a) Amount Beneficially Owned: 300,000 shares Common Stock.
(b) Percent of Class: 0.1% of Common Stock.***
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none.
(ii) shared power to vote or to direct the vote:
300,000 shares Common Stock.
(iii) sole power to dispose or direct the disposition
of: none.
(iv) shared power to dispose or to direct the
disposition of: 300,000 shares Common Stock.
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
At this time, no person other than the Reporting
Persons is known to have the right to receive or the
power to direct receipt of dividends from, or proceeds
from the sale of Securities covered by this Information
Statement.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
See Item 3(c) and Exhibit A
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
*** Percentages based on 234,869,658 shares of the Issuer's Common Stock
outstanding as of November 9, 1994 according to the Issuer's report on Form 10Q
for the quarter ended September 30, 1994.
<PAGE>
CUSIP No. 693475 10 5 13G Page 15 of 17 Pages
Item 10. Certification.
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were acquired in the ordinary course of business and
were not acquired for the purpose of and do not have
the effect of changing or influencing the control of
the issuer of such securities and were not acquired in
connection with or as a participant in any transaction
having such purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated this 14th day of February, 1995.
/s/ Warren E. Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC.,
NATIONAL INDEMNITY COMPANY and
COLUMBIA INSURANCE COMPANY
By: /s/ Warren E. Buffett
Warren E. Buffett
Chairman of the Board of the
above-named corporations
CENTRAL STATES OF OMAHA COMPANIES,
INC., CENTRAL STATES INDEMNITY CO.
OF OMAHA and THE FECHHEIMER BROTHERS
COMPANY
By: /s/ Warren E. Buffett
Warren E. Buffett
Attorney-in-Fact
<PAGE>
CUSIP No. 693475 10 5 13G Page 16 of 17 Pages
EXHIBIT A
RELEVANT SUBSIDIARIES OF PARENT HOLDING COMPANIES
Parent Holding Companies:
Berkshire Hathaway Inc.
Central States of Omaha Companies, Inc.
Warren E. Buffett (an individual who may be deemed to
control Berkshire Hathaway Inc.)
Relevant Subsidiaries Which Are Insurance Companies as Defined in Section
3(a)(19) of the Act:
National Indemnity Company
Columbia Insurance Company
Central States Indemnity Co. of Omaha
Note: No Common Stock of PNC Bank Corporation is held directly by Berkshire
Hathaway Inc. or Central States of Omaha Companies, Inc. Other than
the indirect holdings of Berkshire Hathaway Inc., no Common Stock of
PNC Bank Corporation is held directly or indirectly by Warren E.
Buffett, an individual who may be deemed to control Berkshire Hathaway
Inc. 300,000 shares or approximately 0.1% of Common Stock of PNC Bank
Corporation are held directly by The Fechheimer Brothers Company which
is not a person specified in Rule 13d-1(b)(1)(ii)(A) through (F).
<PAGE>
CUSIP No. 693475 10 5 13G Page 17 of 17 Pages
EXHIBIT B
The undersigned persons hereby agree that reports on Schedule 13G, and
amendments thereto, may be filed in a single statement on behalf of each of such
persons, and further, each of such persons designates Warren E. Buffett as its
agent and Attorney-in-Fact for the purpose of executing any and all Schedule 13G
filings required to be made by it with the Securities and Exchange Commission.
/s/ Warren E. Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC. BORSHEIM'S JEWELRY COMPANY, INC.
By: /s/ Warren E. Buffett By: /s/ Warren E. Buffett
Warren E. Buffett Warren E. Buffett
Chairman of the Board Chairman of the Board
CENTRAL STATES INDEMNITY CENTRAL STATES OF OMAHA
COMPANY OF OMAHA COMPANIES, INC.
By: /s/ William McBain Kizer By: /s/ William McBain Kizer
William McBain Kizer William McBain Kizer
Chairman of the Board Chairman of the Board
COLUMBIA INSURANCE COMPANY THE FECHHEIMER BROS. CO.
By: /s/ Warren E. Buffett By: /s/ Linda L. Metze
Warren E. Buffett Linda L. Metze
Chairman of the Board Treasurer
NATIONAL FIRE AND MARINE NATIONAL INDEMNITY COMPANY
INSURANCE COMPANY
By: /s/ Warren E. Buffett By: /s/ Warren E. Buffett
Warren E. Buffett Warren E. Buffett
Chairman of the Board Chairman of the Board
NEBRASKA FURNITURE MART, INC.
By: /s/ Marc D. Hamburg
Marc D. Hamburg
Assistant Secretary
