Attached files

file filename
8-K - 8-K - VEREIT, Inc.v331676_8k.htm
EX-99.3 - EXHIBIT 99.3 - VEREIT, Inc.v331676_exhibit99x3.htm
EX-99.4 - EXHIBIT 99.4 - VEREIT, Inc.v331676_exhibit99x4.htm
EX-99.1 - EXHIBIT 99.1 - VEREIT, Inc.v331676_exhibit99x1.htm
EX-99.2 - EXHIBIT 99.2 - VEREIT, Inc.v331676_exhibit99x2.htm
EX-23.1 - EXHIBIT 23.1 - VEREIT, Inc.v331676_exhibit23x1.htm

Summary Financial Statements of RBS Citizens, N.A.

Set forth below are summary financial statements of the parent of the lessee of the Citizens Bank properties included in the portfolio of American Realty Capital Properties, Inc. and American Realty Capital Trust III, Inc. on a pro forma basis. RBS Citizens, N.A. currently makes its financial statements available on the Federal Deposit Insurance Corporation website, and the following summary financial data regarding RBS Citizens, N.A. are taken from such filings:

       
  Nine Months
Ended
September 30,
2012
(Unaudited)
  Fiscal Year Ended
(Amounts in millions)   December 31,
2011
(Audited)
  December 31,
2010
(Audited)
  December 31,
2009
(Audited)
Consolidated Condensed Statements of Income
                                   
Total interest income   $ 4,873     $ 3,484     $ 4,008     $ 4,868  
Net interest income after provision for credit losses     3,523       1,230       1,289       494  
Net income (loss)     843       345       (39 )      (600 ) 

       
(Amounts in millions)   September 30,
2012
(Unaudited)
  December 31,
2011
(Audited)
  December 31,
2010
(Audited)
  December 31,
2009
(Audited)
Consolidated Condensed Balance Sheets
                                   
Total assets   $ 107,214     $ 106,941     $ 107,836     $ 116,921  
Total liabilities     88,455       88,830       90,920       100,321  
Total shareholders’ equity     18,759       18,111       16,916       16,600