Top 75 Banks in Collateralized Mortgage Obligations

+++ Includes private, Fannie Mae, and Freddie Mac CMOs, including REMICS, on Sept. 30, 1996 compared with Sept. 30, 1995 (dollar amounts in thousands)

part 1 of 4

Total CMOs

Rank Name of Bank, City, State 9/30/96 9/30/96

1 Wells Fargo Bank NA, San Francisco 5,849,558 5,233,413

2 Chase Manhattan Bank NA, New York 4,070,000 3,531,000

3 PNC Bank NA, Pittsburgh 3,718,866 1,642

4 Summit Bank, Hackensack, N.J. 2,983,863 2,099,309

5 European American Bank, New York* 1,940,171 1,753,909

6 First of America Bank-Michigan NA, Kalamazoo

1,752,300 2,210,724

7 Republic National Bank of New York 1,677,298 1,136,958

8 Bank One Texas NA, Dallas 1,672,651 2,430,686

9 First American National Bank, Nashville 1,619,320 1,552,360

10 Boatmens National Bank of St Louis 1,578,795 1,387,819

11 La Salle National Bank, Chicago* 1,372,530 1,348,693

12 Nationsbank NA, Charlotte, N.C. 1,325,769 1,791,309

13 Morgan Guaranty Trust Company of New York 1,306,9171,674,099

14 Barnett Bank NA, Jacksonville, Fla. 1,298,887 7,845

15 Nationsbank NA, (South), Atlanta 1,220,638 2,858

16 State Street Bank & Trust Co., Boston 1,167,175 1,197,615

17 Compass Bank, Birmingham 1,121,776 712,223

18 Keybank NA, Cleveland 1,103,369 839,474

19 Onbank & Trust Co., Syracuse 1,099,994 1,390,308

20 First Tennessee Bank NA, Memphis 1,073,878 1,305,157

21 Old Kent Bank, Grand Rapids, Mich. 999,251 929,979

22 Trustmark National Bank, Jackson 961,219 909,421

23 First Security Bank NA, Ogden, Utah 959,123 626,116

24 Bank Of Hawaii, Honolulu 910,936 563,695

25 Compass Bank, Houston 839,109 470,677

26 Bank Of Oklahoma Tulsa NA 790,781 817,249

27 First National Bank of Boston 774,020 719,048

28 Central Fidelity National Bank, Richmond, Va. 765,645 987,065

29 First Alabama Bank, Birmingham 751,045 589,231

30 First Union National Bank, Avondale, Pa. 700,638 2,636,060

31 National City Bank, Cleveland 687,057 482,691

32 First Of America Bank-Illinois NA, Bannockbur 683,881 764,106

33 Citizens Bank Maryland, Laurel 672,567 718,053

34 AmSouth Bank Florida, Tampa 666,947 63,328

35 CoreStates Bank NA, Philadelphia 651,876 392,137

36 Bank Of America Texas NA, Irving 647,390 767,289

37 Provident Bank, Cincinnati 602,727 616,775

38 Banco Popular de Puerto Rico, San Juan 591,000 561,000

39 Key Bank of New York, Albany 588,534 1,283,181

40 M&I Marshall & Ilsley Bank, Milwaukee 582,076 326,685

41 Bank One-Arizona NA, Phoenix 577,260 757,675

42 Fifth Third Bank, Cincinnati 574,492 396,342

43 SouthTrust Bank of Alabama NA, Birmingham 572,314 588,272

44 First Union National Bank of Florida, Jackson 556,191 1,520,485

45 Magna Bank NA, Brentwood, Mo. 522,876 146,241

46 AmSouth Bank of Alabama, Birmingham 518,926 151,554

47 Comerica Bank, Detroit 501,531 1,829,236

48 National City Bank of Pennsylvania, Pittsburg 501,486 759,902

49 First National Bank of Maryland, Baltimore* 498,899 478,701

50 PNC Bank-Ohio NA, Cincinnati 473,500 924,547

51 Star Bank NA, Cincinnati 470,119 640,425

52 Wachovia Bank of South Carolina NA, Columbia 469,109 580,217

53 National Bank of Commerce, Memphis 458,537 513,709

54 Banco De Santander-Puerto Rico, Hato Rey 447,761 569,630

55 Manufacturers & Traders Trust Company, Buffal 433,114 630,135

56 PNC Bank Kentucky, Louisville 427,734 921,240

57 Dauphin Deposit Bank & Trust Co., Harrisburg, 424,214 434,535

58 Summit Bank, Bethlehem, Pa. 420,549 495,312

59 PNC Bank, Wilmington, Del. 383,593 658,647

60 Michigan National Bank, Farmington Hills, Mic 383,413 489,945

61 National Bank of Alaska, Anchorage 382,034 393,404

62 United States National Bank of Oregon, Portla 376,000 416,000

63 Northern Trust Co., Chicago 365,742 432,537

64 Bank IV NA, Wichita, Kan. 357,672 408,851

65 First Commonwealth Bank, Indiana, Pa. 333,063 53,842

66 First Security Bank of New Mexico NA, Albuque 329,188 190,027

67 Bank Leumi Trust Company of New York* 326,392 549,445

68 North Fork Bank, Mattituck, N.Y. 322,297 116,475

69 Old Kent Bank-Chicago, Elmhurst, Ill. 321,489 265,967

70 Suntrust Bank, Atlanta 318,035 243,667

71 Boatmens National Bank, Tulsa, Okla. 316,641 183,127

72 Bank of America Arizona, Phoenix 300,412 428,599

73 Bank One Lousiana NA, Baton Rouge, La. 291,149 506,473

74 Mercantile Bank of Arkansas, Little Rock 286,036 265,548

75 La Salle National Bank, Chicago* 285,656 246,053

Totals Top 75 Banks1 (in billions) 68.31 65.02

Totals All Banks in Nation1 (in billions) 113.71 133.79

part 2 of 4

Government CMOs

Private CMOs

Rank Name of Bank, City % Chng 9/30/95 % Chng 9/30/96

1 Wells Fargo Bank NA, S 11.77 2,796,962 -8.72 3,052,596

2 Chase Manhattan Bank N 15.26 3,931,000 20.62 139,000

3 PNC Bank NA, Pittsburg *** 3,419,921 *** 298,945

4 Summit Bank, Hackensac 42.14 1,655,225 102.69 1,328,638

5 European American Bank 10.62 1,267,713 5.9 672,458

6 First of America Bank- -20.74 1,496,150 -18.89 256,150

7 Republic National Bank 47.53 1,221,649 37.75 455,649

8 Bank One Texas NA, Dal -31.19 1,186,319 -15.48 486,332

9 First American Nationa 4.31 1,333,922 2.91 285,398

10 Boatmens National Bank 13.76 1,034,857 8.02 543,938

11 La Salle National Bank 1.77 832,390 -4.29 540,140

12 Nationsbank NA, Charlo -25.99 1,324,810 -25.87 959

13 Morgan Guaranty Trust -21.93 1,301,156 -20.91 5,761

14 Barnett Bank NA, Jacks *** 1,287,785 *** 11,102

15 Nationsbank NA, (South *** 40,039 *** 1,180,599

16 State Street Bank & Tr -2.54 271,883 -36.92 895,292

17 Compass Bank, Birmingh 57.5 420,132 2.47 701,644

18 Keybank NA, Cleveland 31.44 1,103,066 31.44 303

19 Onbank & Trust Co., Sy -20.88 647,969 -20.01 452,025

20 First Tennessee Bank N -17.72 1,073,878 -17.7 0

21 Old Kent Bank, Grand R 7.45 640,287 -28.54 358,964

22 Trustmark National Ban 5.7 959,219 5.79 2,000

23 First Security Bank NA 53.19 917,320 57.62 41,803

24 Bank Of Hawaii, Honolu 61.6 906,584 65.32 4,352

25 Compass Bank, Houston 78.28 449,804 210.15 389,305

26 Bank Of Oklahoma Tulsa -3.24 788,078 -2.67 2,703

27 First National Bank of 7.65 723,403 0.61 50,617

28 Central Fidelity Natio -22.43 468,194 -26.11 297,451

29 First Alabama Bank, Bi 27.46 751,045 27.46 0

30 First Union National B -73.42 1,157 -99.89 699,481

31 National City Bank, Cl 42.34 381,656 133.35 305,401

32 First Of America Bank- -10.5 575,135 -9.03 108,746

33 Citizens Bank Maryland -6.33 672,567 -6.33 0

34 AmSouth Bank Florida, 953.16 449,622 *** 217,325

35 CoreStates Bank NA, Ph 66.24 509,778 45.22 142,098

36 Bank Of America Texas -15.63 647,390 -15.63 0

37 Provident Bank, Cincin -2.28 362,373 -17.56 240,354

38 Banco Popular de Puert 5.35 523,000 16.48 68,000

39 Key Bank of New York, -54.13 471,330 -59.09 117,204

40 M&I Marshall & Ilsley 78.18 547,812 67.69 34,264

41 Bank One-Arizona NA, P -23.81 468,075 -20.16 109,185

42 Fifth Third Bank, Cinc 44.95 445,556 20.29 128,936

43 SouthTrust Bank of Ala -2.71 568,135 -2.13 4,179

44 First Union National B -63.42 0 *** 556,191

45 Magna Bank NA, Brentwo 257.54 339,966 283.36 182,910

46 AmSouth Bank of Alabam 242.4 425,010 310.13 93,916

47 Comerica Bank, Detroit -72.58 437,145 -74.71 64,386

48 National City Bank of -34.01 481,479 -34.73 20,007

49 First National Bank of 4.22 273,952 -33.08 224,947

50 PNC Bank-Ohio NA, Cinc -48.79 387,822 -52.89 85,678

51 Star Bank NA, Cincinna -26.59 351,372 -27.79 118,747

52 Wachovia Bank of South -19.15 464,299 -19.07 4,810

53 National Bank of Comme -10.74 350,993 -31.67 107,544

54 Banco De Santander-Pue -21.39 436,175 -20.5 11,586

55 Manufacturers & Trader -31.27 120,683 -43.82 312,431

56 PNC Bank Kentucky, Lou -53.57 352,971 -57.63 74,763

57 Dauphin Deposit Bank & -2.38 424,214 -2.38 0

58 Summit Bank, Bethlehem -15.09 177,789 -3.24 242,760

59 PNC Bank, Wilmington, -41.76 378,101 -41.87 5,492

60 Michigan National Bank -21.74 383,413 -20.62 0

61 National Bank of Alask -2.89 270,578 -1.51 111,456

62 United States National -9.62 366,000 -11.38 10,000

63 Northern Trust Co., Ch -15.44 320,265 -13.11 45,477

64 Bank IV NA, Wichita, K -12.52 318,257 -22.09 39,415

65 First Commonwealth Ban 518.59 331,104 514.95 1,959

66 First Security Bank of 73.23 320,796 85.26 8,392

67 Bank Leumi Trust Compa -40.6 279,553 -42.85 46,839

68 North Fork Bank, Matti 176.71 0 *** 322,297

69 Old Kent Bank-Chicago, 20.88 242,391 1.42 79,098

70 Suntrust Bank, Atlanta 30.52 318,035 30.52 0

71 Boatmens National Bank 72.91 233,042 27.49 83,599

72 Bank of America Arizon -29.91 300,412 -29.91 0

73 Bank One Lousiana NA, -42.51 290,044 -42.69 1,105

74 Mercantile Bank of Ark 7.72 285,834 7.75 202

75 La Salle National Bank 16.1 161,451 10.69 124,205

Totals Top 75 Banks1 ( 5.06% 50.7 2.47% 17.6

Totals All Banks in Na -15.01% 91.07 -17.03% 22.64

part 3 of 4

Total Securities

Rank Name of Bank, City % Chng 9/30/96 % Chng 9/30/96

1 Wells Fargo Bank NA, S 40.71 12,624,062 38.97 46.34

2 Chase Manhattan Bank N -48.9 41,860,000 41.72 9.72

3 PNC Bank NA, Pittsburg *** 8,613,826 189.66 43.17

4 Summit Bank, Hackensac 3.58 5,035,471 50.93 59.26

5 European American Bank 20.76 4,615,352 8.44 42.04

6 First of America Bank- -30.04 2,815,628 -6.66 62.23

7 Republic National Bank 82.2 18,101,876 94.39 9.27

8 Bank One Texas NA, Dal -52.65 5,217,596 -7.41 32.06

9 First American Nationa 11.39 2,163,780 6.53 74.84

10 Boatmens National Bank 26.56 3,424,726 3.91 46.1

11 La Salle National Bank 12.77 3,484,533 -1.44 39.39

12 Nationsbank NA, Charlo -77.29 4,202,654 -59.53 31.55

13 Morgan Guaranty Trust -80.13 21,438,032 4.28 6.1

14 Barnett Bank NA, Jacks *** 5,062,174 *** 25.66

15 Nationsbank NA, (South *** 6,443,777 177.72 18.94

16 State Street Bank & Tr 16.79 8,707,326 42.58 13.4

17 Compass Bank, Birmingh 132.18 1,665,604 0.93 67.35

18 Keybank NA, Cleveland 32.89 3,407,794 3.31 32.38

19 Onbank & Trust Co., Sy -22.1 1,827,227 -34.57 60.2

20 First Tennessee Bank N *** 1,863,543 3.89 57.63

21 Old Kent Bank, Grand R 956.21 2,284,917 -5.6 43.73

22 Trustmark National Ban -26.44 1,979,535 8.31 48.56

23 First Security Bank NA -5.25 2,147,235 71.99 44.67

24 Bank Of Hawaii, Honolu -71.61 3,456,605 11.19 26.35

25 Compass Bank, Houston 19.55 1,285,540 69.3 65.27

26 Bank Of Oklahoma Tulsa -64.29 1,596,366 3.28 49.54

27 First National Bank of *** 4,620,824 15.54 16.75

28 Central Fidelity Natio -15.84 3,152,383 -17.61 24.29

29 First Alabama Bank, Bi *** 2,398,613 6.02 31.31

30 First Union National B -56.4 2,933,228 -46.07 23.89

31 National City Bank, Cl -4.3 1,568,853 -0.3 43.79

32 First Of America Bank- -17.56 1,160,081 -13.4 58.95

33 Citizens Bank Maryland *** 1,435,760 10.91 46.84

34 AmSouth Bank Florida, 504.3 2,654,865 55.31 25.12

35 CoreStates Bank NA, Ph 245.67 2,560,683 81.63 25.46

36 Bank Of America Texas *** 2,357,292 -17.48 27.46

37 Provident Bank, Cincin 35.63 1,033,186 22.06 58.34

38 Banco Popular de Puert -39.29 4,281,000 3.03 13.81

39 Key Bank of New York, -10.54 2,472,406 -20.84 23.8

40 M&I Marshall & Ilsley *** 1,274,310 63.78 45.68

41 Bank One-Arizona NA, P -36.31 2,306,970 13.43 25.02

42 Fifth Third Bank, Cinc 396.84 2,274,755 35.69 25.26

43 SouthTrust Bank of Ala -46.42 2,384,773 6.29 24

44 First Union National B -57.52 4,169,610 -5.12 13.34

45 Magna Bank NA, Brentwo 217.77 1,612,920 267.4 32.42

46 AmSouth Bank of Alabam 95.96 2,326,824 33.95 22.3

47 Comerica Bank, Detroit -36.26 3,834,324 -33.95 13.08

48 National City Bank of -9.81 3,755,564 -29.97 13.35

49 First National Bank of 224.43 2,248,293 -5.33 22.19

50 PNC Bank-Ohio NA, Cinc -15.51 671,561 -45.18 70.51

51 Star Bank NA, Cincinna -22.79 1,426,966 -13.28 32.95

52 Wachovia Bank of South -25.85 1,339,194 -21.39 35.03

53 National Bank of Comme *** 840,063 -9.01 54.58

54 Banco De Santander-Pue -44.73 1,344,178 -19.93 33.31

55 Manufacturers & Trader -24.77 1,569,444 -4.67 27.6

56 PNC Bank Kentucky, Lou -15.29 544,324 -65.33 78.58

57 Dauphin Deposit Bank & *** 2,141,784 35.37 19.81

58 Summit Bank, Bethlehem -22.08 659,462 -4.39 63.77

59 PNC Bank, Wilmington, -33.41 640,215 -39.55 59.92

60 Michigan National Bank *** 1,262,104 -5.1 30.38

61 National Bank of Alask -6.09 771,155 -3 49.54

62 United States National 233.33 1,224,000 18.03 30.72

63 Northern Trust Co., Ch -28.89 5,460,734 17.65 6.7

64 Bank IV NA, Wichita, K *** 1,731,537 7.72 20.66

65 First Commonwealth Ban *** 678,021 450.81 49.12

66 First Security Bank of -50.25 829,016 44.1 39.71

67 Bank Leumi Trust Compa -22.28 859,909 -11.56 37.96

68 North Fork Bank, Matti 176.71 1,420,097 43.21 22.7

69 Old Kent Bank-Chicago, 193.34 746,936 -7.68 43.04

70 Suntrust Bank, Atlanta *** 1,478,622 1.18 21.51

71 Boatmens National Bank *** 1,137,807 82.6 27.83

72 Bank of America Arizon *** 1,309,284 -25.79 22.94

73 Bank One Lousiana NA, 183.33 1,258,138 -35.18 23.14

74 Mercantile Bank of Ark -25.74 523,309 30.02 54.66

75 La Salle National Bank 23.96 756,672 13.35 37.75

Totals Top 75 Banks1 ( 13.31% 266.8 15.90% 25.61

Totals All Banks in Na -5.80% 800.16 -2.06% 14.21

part 4 of 4

(CMOs + MBS)

CMOs/Total Sec. Total Securities

Rank Name of Bank, City 9/30/95 9/30/96 9/30/95

1 Wells Fargo Bank NA, S 57.61 79.38 84.33

2 Chase Manhattan Bank N 11.95 53.27 63.66

3 PNC Bank NA, Pittsburg 0.06 53.36 26.75

4 Summit Bank, Hackensac 62.92 76.96 78.45

5 European American Bank 41.21 81.22 83.63

6 First of America Bank- 73.29 64.89 74.88

7 Republic National Bank 12.21 64.54 58.38

8 Bank One Texas NA, Dal 43.13 62.82 64.69

9 First American Nationa 76.43 87.74 82.04

10 Boatmens National Bank 42.11 74.59 74.12

11 La Salle National Bank 38.15 63.91 65.54

12 Nationsbank NA, Charlo 17.25 39.95 17.36

13 Morgan Guaranty Trust 8.14 57.28 73.25

14 Barnett Bank NA, Jacks 3.91 29.72 5.25

15 Nationsbank NA, (South 0.12 71.57 0.12

16 State Street Bank & Tr 19.61 17.81 25.72

17 Compass Bank, Birmingh 43.16 85.12 65.37

18 Keybank NA, Cleveland 25.45 88.31 83.85

19 Onbank & Trust Co., Sy 49.79 84.1 82.65

20 First Tennessee Bank N 72.76 73.85 88.44

21 Old Kent Bank, Grand R 38.42 52.14 54.42

22 Trustmark National Ban 49.76 49.29 50.78

23 First Security Bank NA 50.15 69.68 66.62

24 Bank Of Hawaii, Honolu 18.13 58.54 50.98

25 Compass Bank, Houston 61.99 78.15 75.81

26 Bank Of Oklahoma Tulsa 52.87 61.66 67.52

27 First National Bank of 17.98 34.25 28.34

28 Central Fidelity Natio 25.8 61.79 64.78

29 First Alabama Bank, Bi 26.04 46.5 40.26

30 First Union National B 48.47 71.19 73.37

31 National City Bank, Cl 30.67 72.27 72.42

32 First Of America Bank- 57.04 65.74 64.51

33 Citizens Bank Maryland 55.47 73.77 71.21

34 AmSouth Bank Florida, 3.7 80.37 67.25

35 CoreStates Bank NA, Ph 27.81 31.77 32.18

36 Bank Of America Texas 26.86 92.19 93.57

37 Provident Bank, Cincin 72.86 64.59 73.6

38 Banco Popular de Puert 13.5 19.39 17.52

39 Key Bank of New York, 41.08 49.1 65.64

40 M&I Marshall & Ilsley 41.99 50.11 51.49

41 Bank One-Arizona NA, P 37.25 63.81 49.13

42 Fifth Third Bank, Cinc 23.64 83.13 79.36

43 SouthTrust Bank of Ala 26.22 43.54 38.37

44 First Union National B 34.6 84.2 77.76

45 Magna Bank NA, Brentwo 33.31 41.38 47.7

46 AmSouth Bank of Alabam 8.72 70.01 68.68

47 Comerica Bank, Detroit 31.51 79.41 84.32

48 National City Bank of 14.17 51.47 54.98

49 First National Bank of 20.16 70.06 66.37

50 PNC Bank-Ohio NA, Cinc 75.47 79.47 85.89

51 Star Bank NA, Cincinna 38.92 92.51 95.4

52 Wachovia Bank of South 34.06 58.81 60.39

53 National Bank of Comme 55.64 56.58 58

54 Banco De Santander-Pue 33.93 39.26 39.39

55 Manufacturers & Trader 38.27 54.09 73.74

56 PNC Bank Kentucky, Lou 58.68 78.58 58.68

57 Dauphin Deposit Bank & 27.47 43.9 40.55

58 Summit Bank, Bethlehem 71.81 78.36 84.15

59 PNC Bank, Wilmington, 62.19 67.82 70.24

60 Michigan National Bank 36.84 47.06 56.42

61 National Bank of Alask 49.49 52.58 53.22

62 United States National 40.12 58.25 67.31

63 Northern Trust Co., Ch 9.32 6.7 9.32

64 Bank IV NA, Wichita, K 25.44 65.22 68.9

65 First Commonwealth Ban 43.74 57.81 48.24

66 First Security Bank of 33.03 67.98 54.96

67 Bank Leumi Trust Compa 56.51 57.05 56.51

68 North Fork Bank, Matti 11.75 76.66 82.05

69 Old Kent Bank-Chicago, 32.87 47.47 36.53

70 Suntrust Bank, Atlanta 16.67 45.55 44.74

71 Boatmens National Bank 29.39 69.5 67.15

72 Bank of America Arizon 24.29 95.5 94.79

73 Bank One Lousiana NA, 26.09 38.08 38.22

74 Mercantile Bank of Ark 65.98 55.72 66.06

75 La Salle National Bank 36.86 59.71 60.98

Totals Top 75 Banks1 ( 28.25 58.63 60.46

Totals All Banks in Na 16.38 41.24 40.31 ===

Source of Data: Sheshunoff Information Services, Inc., Austin, Texas, from its data base of commercial banks. Sheshunoff restates the 9/30/95 data for subsequent bank mergers on pooling of interest basis. Total Mortgage Investments are the sum of the bank's holdings of mortgage-backed securities, collateralized mortgage obligations, and home mortgages. Mortgage-Backed Securities are defined on page 11. Collateralized Mortgage Obligations are defined on page 12. Home mortgages are loans secured by 1-4 family residential properties, including second mortgages but excluding home equity lines of credit. Total Mtge Invst. as % of Total Assets is total mortgage investments as a percentage of total end-of-period assets. One star (*) is more then 50% owned by foreign banks. (1) Totals calculated by Sheshunoff Information Services Inc. Three Stars (***) not meaningful.

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