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part 1 of 3
- Market Value of
Rank Discretionary Assets
1996 1996 1995
1 Bankers Trust New York Corp. 242,450,342 206,284,215
2 Mellon Bank Corp., Pittsburgh 236,555,000 178,356,000
3 State Street Corp. 224,370,185 233,352,851
4 J.P. Morgan & Co. Inc., New York 211,761,000 184,085,000
5 Northern Trust Corp., Chicago 134,989,377 109,513,535
6 Chase Manhattan Corp., New York (a,b) 132,391,347
120,830,000
7 PNC Bank Corp., Pittsburgh 118,553,436 104,882,008
8 Citicorp, New York 97,200,000 83,900,000
9 First Chicago NBD Corp. 77,143,784 87,795,367
10 Bank of New York Co., Inc. 75,996,000 55,911,000
11 NationsBank Corp., Charlotte, N.C. (c) 69,023,797 66,200,013
12 Fidelity Management Trust Co., Boston 59,965,605
52,628,271
13 Capital Guardian Trust Co., Los Angeles 58,310,932
49,344,487
14 BankAmerica Corp., San Francisco 56,965,725 55,057,000
15 U.S. Trust Corp., New York 55,600,000 49,400,000
16 SunTrust Banks, Inc., Atlanta 53,371,471 46,959,328
17 First Union Corp., Charlotte, N.C. 50,189,905 45,748,559
18 Wells Fargo & Co., San Francisco (d) 49,968,690 258,184,700
19 KeyCorp, Cleveland 49,850,467 47,439,020
20 Fleet Financial Group, Inc., Boston 48,118,794 44,356,016
21 Norwest Corp., Minneapolis 46,913,536 39,648,592
22 Boatmen's Bancshares Inc., St. Louis, Mo. (c 42,060,934 44,460,669
23 First Bank System Inc., Minneapolis 39,332,739 29,161,479
24 Fiduciary Trust Company International, New Y 38,916,452
35,785,360
25 National City Corp., Cleveland 37,889,000 29,744,321
26 CoreStates Financial Corp., Philadelphia 36,675,253 22,790,050
27 Wilmington Trust Corp., Del. 35,332,595 32,796,335
28 Banc One Corp., Columbus, Ohio 33,852,952 33,572,821
29 BankBoston Corp. 24,938,242 14,411,857
30 Summit Bancorp, Princeton, N.J. 24,680,000 4,485,746
31 Comerica Inc., Detroit 24,317,584 37,483,160
32 Wachovia Corp., Winston-Salem, N.C. 23,520,000
20,226,000
33 Firstar Corp., Milwaukee 22,100,000 18,075,000
34 Harris Bankcorp. Inc., Chicago 19,414,098 26,737,478
35 Mercantile Bancorporation, Inc., St. Louis, 17,575,139 14,505,657
36 Union BanCal Corp., San Francisco 15,518,096 6,742,992
37 First of America Bank Corp., Kalamazoo, Mich 14,126,371
11,605,917
38 Mercantile Bankshares Corp., Baltimore 14,000,000
10,089,908
39 Crestar Financial Corp., Richmond 12,951,242 10,964,942
40 Fifth Third Bancorp., Cincinnati 11,721,352 9,789,460
41 Barnett Banks Inc., Jacksonville, Fla. 10,739,840 9,783,355
42 U.S. Bancorp., Portland, Ore. 10,553,749 9,208,988
43 UMB Financial Corp., Kansas City, Mo. 10,530,907
9,563,459
44 Glenmede Corp., Philadelphia 9,948,949 8,657,877
45 La Salle National Corp., Chicago 8,273,438 7,145,516
46 OFFITBANK, New York 8,202,802 6,942,773
47 First Maryland Bancorp., Baltimore 7,500,797 5,702,604
48 Pacific Century Financial Corp., Honolulu (e 7,336,569 6,871,034
49 Star Banc Corp., Cincinnati 7,318,030 5,835,072
50 AmSouth Bancorporation, Birmingham, Ala. 7,133,288
8,525,900
51 Old Kent Financial Corp., Grand Rapids, Mich 7,123,680
6,702,357
52 Commerce Bancshares Inc., Kansas City, Mo. 7,090,207
5,311,544
53 First Tennessee National Corp., Memphis 6,469,376 5,610,611
54 American Express Trust Co., Minneapolis 6,457,193
5,459,530
55 Marshall & Ilsley Corp., Milwaukee 6,195,218 6,284,800
56 HSBC America's Inc., Buffalo, N.Y. 5,373,432 4,546,989
57 Riggs National Corp., Washington, D.C. 5,072,664 5,009,527
58 Huntington Bancshares Inc., Columbus, Ohio 4,906,573
3,223,383
59 First Security Corp., Salt Lake City, Utah 4,828,450 2,666,469
60 Cullen/Frost Bankers Inc., San Antonio 4,021,126 3,694,252
61 Signet Banking Corp., Richmond 3,884,461 4,897,819
62 BOK Financial Corp., Tulsa, Okla. 3,623,651 3,320,006
63 Associated Banc-Corp., Green Bay, Wis. 3,490,742 3,118,490
64 First Empire State Corp., Buffalo, N.Y. 3,386,842 1,819,972
65 Regions Financial Corp., Birmingham, Ala. 3,361,190
2,703,819
66 Deposit Guaranty Corp., Jackson, Miss. 3,258,149 3,002,337
67 Michigan National Corp., Farmington Hills 3,187,364
3,025,422
68 Amalgamated Bank of New York 2,922,921 2,599,569
69 UST Corp., Boston 2,812,888 2,994,697
70 Central Fidelity Banks, Inc., Richmond 2,640,840 2,182,832
71 First Commerce Corp., New Orleans, La. 2,600,101 2,155,059
72 First American Corp., Nashville, Tenn. 2,596,843 2,484,692
73 Compass Bancshares, Inc., Birmingham, Ala. ( 2,570,887
2,443,742
74 Dauphin Deposit Corp., Harrisburg, Pa. 2,523,758 2,403,384
75 Republic New York Corp. 2,514,937 1,725,767
76 First Commercial Corp., Little Rock, Ark. 2,493,557 2,354,809
77 Hibernia Corp., New Orleans, La. 2,453,271 2,189,454
78 Fort Wayne National Corp., Ind. 2,332,602 1,988,384
79 First Hawaiian Inc., Honolulu 2,161,556 2,011,742
80 Citizens Financial Group Inc., Providence, R 2,146,817 987,351
81 Synovus Financial Corp., Columbus, Ga. 2,102,369 1,726,601
82 IBJ Schroder Bank & Trust Co., New York 1,966,449
1,716,038
83 Keystone Financial, Inc., Harrisburg, Pa. 1,806,644 1,611,036
84 FirstMerit Corp., Akron, Ohio 1,790,412 1,627,770
85 One Valley Bancorp, Charleston, W. Va. 1,621,079 1,468,059
86 Amcore Financial Inc., Rockford, Ill. 1,620,317 1,621,716
87 Old National Bancorp, Evansville, Ind. 1,594,864 1,529,425
88 Trustmark Corp., Jackson, Miss. 1,498,121 1,250,525
89 National Commerce Bancorporation, Memphis, T 1,386,056
1,266,109
90 Magna Group Inc. St. Louis, Mo. 1,372,676 1,309,398
91 First Michigan Bank Corp., Holland 1,362,170 N.A.
92 Sanwa Bank California, San Francisco 1,315,053 1,435,446
93 First Financial Bancorp, Hamilton, Ohio 1,290,059 1,290,327
94 BB&T Corp., Winston-Salem, N.C. 1,219,373..........
95 Union Planters Corp., Memphis, Tenn. 1,212,981 1,051,303
96 First Virginia Banks, Inc., Falls Church, Va 1,172,858 1,042,516
97 Popular Inc., San Juan, P.R. (f) 1,170,442 199,257
98 CCB Financial Corp., Durham, N.C. 1,140,451 1,029,126
99 1st Source Corp., South Bend, Ind. 1,123,085 1,041,075
100 WesBanco Inc., Wheeling, W. Va. 1,108,343
Totals for the top 100 companies 2,869,524,902,733,593,847
part 2 of 3
- Market Value of
Rank PercenChg. inAll Fiduciary Trust Assets Percent
1996 ChangeRank 1996 1995 Change
1 Bankers Trust N 17.53 2 1,709,698,688 1,412,627,265 21.03
2 Mellon Bank Cor 32.63 3 1,075,332,000 1,038,869,000 3.51
3 State Street Co -3.85 -1 3,032,037,415 2,188,223,782 38.56
4 J.P. Morgan & C 15.03 0 305,870,000 953,537,000 -67.92
5 Northern Trust 23.26 1 793,850,376 629,662,364 26.08
6 Chase Manhattan 9.57 5 946,767,869 987,833,000 -4.16
7 PNC Bank Corp., 13.04 0 339,789,472 291,052,820 16.74
8 Citicorp, New Y 15.85 1 225,600,000 735,100,000 -69.31
9 First Chicago N-12.13 -1 296,544,798 315,316,411 -5.95
10 Bank of New Yor 35.92 3 2,397,172,0001,431,458,000 67.46
11 NationsBank Cor 4.27 -1 171,142,283 183,244,447 -6.60
12 Fidelity Manage 13.94 3 246,195,976 196,676,583 25.18
13 Capital Guardia 18.17 4 96,931,350 80,448,201 20.49
14 BankAmerica Cor 3.47 0 103,549,605 153,305,000-32.46
15 U.S. Trust Corp 12.55 1 73,600,000 63,700,000 15.54
16 SunTrust Banks, 13.65 3 78,005,876 66,008,376 18.18
17 First Union Cor 9.71 3 109,062,834 100,243,563 8.80
18 Wells Fargo & C-80.65 -17 224,101,341 302,103,800-25.82
19 KeyCorp, Clevel 5.08 -1 96,358,970 81,323,193 18.49
20 Fleet Financial 8.48 2 89,551,038 75,459,336 18.67
21 Norwest Corp., 18.32 2 117,085,973 102,356,928 14.39
22 Boatmen's Bancs -5.40 -1 91,554,581 78,047,965 17.31
23 First Bank Syst 34.88 6 136,948,402 93,486,948 46.49
24 Fiduciary Trust 8.75 1 81,878,267 79,895,557 2.48
25 National City C 27.38 3 82,175,000 63,198,688 30.03
26 CoreStates Fina 60.93 5 294,614,120 213,712,194 37.86
27 Wilmington Trus 7.73 0 99,389,669 84,196,603 18.04
28 Banc One Corp., 0.83 -2 128,211,570 114,136,912 12.33
29 BankBoston Corp 73.04 7 71,665,020 60,735,583 18.00
30 Summit Bancorp,450.19 34 30,893,026 9,565,391222.97
31 Comerica Inc., -35.12 -7 93,462,258 98,477,361 -5.09
32 Wachovia Corp., 16.29 1 100,095,000 90,144,000 11.04
33 Firstar Corp., 22.27 1 N. A. 18,075,000 22.27
34 Harris Bankcorp-27.39 -4 40,682,348 190,557,281-78.65
35 Mercantile Banc 21.16 0 25,825,806 20,182,044 27.96
36 Union BanCal Co130.14 15 34,538,899 11,915,284189.87
37 First of Americ 21.72 1 24,383,308 20,309,948 20.06
38 Mercantile Bank 38.75 3 27,000,000 26,491,392 1.92
39 Crestar Financi 18.12 0 29,880,754 31,438,444 -4.95
40 Fifth Third Ban 19.73 2 85,327,268 74,643,580 14.31
41 Barnett Banks I 9.78 2 15,464,670 13,862,528 11.56
42 U.S. Bancorp., 14.60 3 14,866,071 13,756,439 8.07
43 UMB Financial C 10.12 1 107,973,128 112,437,181 -3.97
44 Glenmede Corp., 14.91 2 10,429,734 9,045,604 15.30
45 La Salle Nation 15.79 3 26,798,711 21,743,050 23.25
46 OFFITBANK, New 18.15 3 8,740,685 7,088,371 23.31
47 First Maryland 31.53 9 34,953,838 25,944,382 34.73
48 Pacific Century 6.78 2 12,199,330 12,179,549 0.16
49 Star Banc Corp. 25.41 6 27,632,905 19,416,052 42.32
50 AmSouth Bancorp-16.33 -3 20,570,161 21,096,195 -2.49
51 Old Kent Financ 6.29 1 10,542,076 9,809,366 7.47
52 Commerce Bancsh 33.49 7 13,343,485 11,263,615 18.47
53 First Tennessee 15.31 4 13,664,153 12,697,956 7.61
54 American Expres 18.27 4 36,829,928 28,539,119 29.05
55 Marshall & Ilsl -1.43 -2 31,727,366 27,125,291 16.97
56 HSBC America's 18.18 7 14,789,588 12,530,184 18.03
57 Riggs National 1.26 4 10,159,744 9,355,034 8.60
58 Huntington Banc 52.22 11 16,003,851 11,299,006 41.64
59 First Security 81.08 18 8,003,360 4,271,165 87.38
60 Cullen/Frost Ba 8.85 5 7,838,178 6,520,760 20.20
61 Signet Banking -20.69 1 8,568,603 9,159,018 -6.45
62 BOK Financial C 9.15 5 6,925,392 6,815,582 1.61
63 Associated Banc 11.94 7 5,299,323 4,710,220 12.51
64 First Empire St 86.09 29 14,998,218 13,466,536 11.37
65 Regions Financi 24.31 11 7,559,622 4,662,207 62.15
66 Deposit Guarant 8.52 7 4,283,392 3,896,354 9.93
67 Michigan Nation 5.35 5 10,674,079 10,502,923 1.63
68 Amalgamated Ban 12.44 10 9,038,774 8,291,967 9.01
69 UST Corp., Bost -6.07 5 2,939,289 3,097,327 -5.10
70 Central Fidelit 20.98 17 10,245,816 9,807,690 4.47
71 First Commerce 20.65 17 13,632,046 11,661,962 16.89
72 First American 4.51 8 5,157,878 4,439,806 16.17
73 Compass Bancsha 5.20 8 6,668,421 6,184,219 7.83
74 Dauphin Deposit 5.01 8 6,070,818 4,558,433 33.18
75 Republic New Yo 45.73 20 5,913,753 4,551,173 29.94
76 First Commercia 5.89 8 7,354,981 6,468,913 13.70
77 Hibernia Corp., 12.05 9 6,033,228 5,300,185 13.83
78 Fort Wayne Nati 17.31 14 2,856,593 2,423,793 17.86
79 First Hawaiian 7.45 11 7,884,579 7,206,378 9.41
80 Citizens Financ117.43 38 3,204,164 1,261,446154.01
81 Synovus Financi 21.76 13 3,631,601 2,979,116 21.90
82 IBJ Schroder Ba 14.59 15 16,108,667 19,687,938-18.18
83 Keystone Financ 12.14 18 2,793,416 2,621,928 6.54
84 FirstMerit Corp 9.99 15 3,186,509 3,445,924 -7.53
85 One Valley Banc 10.42 19 2,645,699 2,348,690 12.65
86 Amcore Financia -0.09 14 2,261,633 2,233,164 1.27
87 Old National Ba 4.28 15 2,245,590 2,229,168 0.74
88 Trustmark Corp. 19.80 22 4,802,320 4,925,228 -2.50
89 National Commer 9.47 20 2,685,938 2,375,675 13.06
90 Magna Group Inc 4.83 17 2,032,500 1,866,911 8.87
91 First Michigan ..... ... 3,368,149 N.A. .....
92 Sanwa Bank Cali -8.39 13 9,979,914 9,795,570 1.88
93 First Financial -0.02 15 1,462,502 1,462,984 -0.03
94 BB&T Corp., Win..... ... 3,978,728.......... .....
95 Union Planters 15.38 16 4,934,426 1,537,901220.85
96 First Virginia 12.50 16 1,535,773 1,378,851 11.38
97 Popular Inc., S487.40 44 3,355,197 2,375,633 41.23
98 CCB Financial C 10.82 18 1,376,887 1,252,471 9.93
99 1st Source Corp 7.88 15 1,251,092 1,169,304 6.99
100 WesBanco Inc., 20.78 20 1,567,656 1,592,194 -1.54
Totals for the 4.97 14,669,817,2813,351,484,87 9.87
part 3 of 3
Top 100 Banking Companies in Trust Assets Under Management
Banks and nondeposit trust companies with trust assets under management
- Discretionary Assets
Rank as a % of Total
1996 1996 1995
1 Bankers Trust N 14.18 14.60
2 Mellon Bank Cor 22.00 17.17
3 State Street Co 7.40 10.66
4 J.P. Morgan & C 69.23 19.31
5 Northern Trust 17.00 17.39
6 Chase Manhattan 13.98 45.20
7 PNC Bank Corp., 34.89 36.04
8 Citicorp, New Y 43.09 11.41
9 First Chicago N 26.01 27.84
10 Bank of New Yor 3.17 3.91
11 NationsBank Cor 40.33 36.13
12 Fidelity Manage 24.36 26.76
13 Capital Guardia 60.16 61.34
14 BankAmerica Cor 55.01 35.91
15 U.S. Trust Corp 75.54 77.55
16 SunTrust Banks, 68.42 71.14
17 First Union Cor 46.02 45.64
18 Wells Fargo & C 22.30 85.46
19 KeyCorp, Clevel 51.73 58.33
20 Fleet Financial 53.73 58.78
21 Norwest Corp., 40.07 38.74
22 Boatmen's Bancs 45.94 56.97
23 First Bank Syst 28.72 31.19
24 Fiduciary Trust 47.53 44.79
25 National City C 46.11 47.06
26 CoreStates Fina 12.45 10.66
27 Wilmington Trus 35.55 38.95
28 Banc One Corp., 26.40 29.41
29 BankBoston Corp 34.80 23.73
30 Summit Bancorp, 79.89 46.90
31 Comerica Inc., 26.02 38.06
32 Wachovia Corp., 23.50 22.44
33 Firstar Corp., 100.00 100.00
34 Harris Bankcorp 47.72 14.03
35 Mercantile Banc 68.05 71.87
36 Union BanCal Co 44.93 56.59
37 First of Americ 57.93 57.14
38 Mercantile Bank 51.85 38.09
39 Crestar Financi 43.34 34.88
40 Fifth Third Ban 13.74 13.11
41 Barnett Banks I 69.45 70.57
42 U.S. Bancorp., 70.99 66.94
43 UMB Financial C 9.75 8.51
44 Glenmede Corp., 95.39 95.71
45 La Salle Nation 30.87 32.86
46 OFFITBANK, New 93.85 97.95
47 First Maryland 21.46 21.98
48 Pacific Century 60.14 56.41
49 Star Banc Corp. 26.48 30.05
50 AmSouth Bancorp 34.68 40.41
51 Old Kent Financ 67.57 68.33
52 Commerce Bancsh 53.14 47.16
53 First Tennessee 47.35 44.19
54 American Expres 17.53 19.13
55 Marshall & Ilsl 19.53 23.17
56 HSBC America's 36.33 36.29
57 Riggs National 49.93 53.55
58 Huntington Banc 30.66 28.53
59 First Security 60.33 62.43
60 Cullen/Frost Ba 51.30 56.65
61 Signet Banking 45.33 53.48
62 BOK Financial C 52.32 48.71
63 Associated Banc 65.87 66.21
64 First Empire St 22.58 13.51
65 Regions Financi 44.46 57.99
66 Deposit Guarant 76.06 77.06
67 Michigan Nation 29.86 28.81
68 Amalgamated Ban 32.34 31.35
69 UST Corp., Bost 95.70 96.69
70 Central Fidelit 25.77 22.26
71 First Commerce 19.07 18.48
72 First American 50.35 55.96
73 Compass Bancsha 38.55 39.52
74 Dauphin Deposit 41.57 52.72
75 Republic New Yo 42.53 37.92
76 First Commercia 33.90 36.40
77 Hibernia Corp., 40.66 41.31
78 Fort Wayne Nati 81.66 82.04
79 First Hawaiian 27.41 27.92
80 Citizens Financ 67.00 78.27
81 Synovus Financi 57.89 57.96
82 IBJ Schroder Ba 12.21 8.72
83 Keystone Financ 64.68 61.44
84 FirstMerit Corp 56.19 47.24
85 One Valley Banc 61.27 62.51
86 Amcore Financia 71.64 72.62
87 Old National Ba 71.02 68.61
88 Trustmark Corp. 31.20 25.39
89 National Commer 51.60 53.29
90 Magna Group Inc 67.54 70.14
91 First Michigan 40.44.....
92 Sanwa Bank Cali 13.18 14.65
93 First Financial 88.21 88.20
94 BB&T Corp., Win 30.65.....
95 Union Planters 24.58 68.36
96 First Virginia 76.37 75.61
97 Popular Inc., S 34.88 8.39
98 CCB Financial C 82.83 82.17
99 1st Source Corp 89.77 89.03
100 WesBanco Inc., 70.70 57.63
Totals for the 19.56 20.47