Top Five Gainers, Losers in Correspondent Balances Among Top Banking

Bases on percent change in average balances from June 30, 1996 to June 30, 1997 (dollars in thousands)

Top Gainers

Average Correspondence

Rank Balances % Change %Change

Jun-97 6/30/97 6/30/96 96-97 95-97

1 3Wells Fargo & Co., San Francisco (2) (Z) $2,390,030 $850,969 180.90% 340.90%

2 30Mitsubishi Trust & Banking Corp., New York 199,326 71,748 177.8 331.8

3 45Branch Banking & Trust Co., Winston-Salem, 109,533 53,579 104.4 141.4

4 47Old Kent Financial Corp., Grand Rapids, Mi 108,024 56,356 91.7 44.8

5 13PNC Bank Corp., Pittsburgh (5) (Z) 781,331 409,487 90.8 69.3

Top Losers

Average Correspondence

Rank Balances % Change %Change

Jun-97 6/30/97 6/30/96 96-97 95-97

1 33Morgan Guaranty Trust Co., New York $164,789 $597,191 -72.40% -78.40%

2 49Northern Trust Co., Chicago (Z) 105,961 111,870 -5.3 -39.2

3 18CoreStates Bank, NA, Philadelphia (Z) 517,434 559,979 -7.6 -26.7

4 24Barnett Bank, NA, Jacksonville, Fla. 291,401 540,313 -46.1 -8.3

5 25First Tennessee Bank, NA, Memphis 281,727 311,285 -9.5 -5.5

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