Top 10 Branch Sales Announced in 1997 Ranked by deposits sold

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part 1 of 4

Rank Buyer Seller

1 First Union Corp. CoreStates Financial Corp.

2 North Fork Bancorp. New York Bancorp

3 BB&T Corp. Franklin Bancorp.

4 Zions Bancorp. Vectra Banking Corp.

5 Community First Bankshares Pioneer Bank of Longmont

6 NationsBank Corp. Barnett Banks

7 Regions Financial Corp First United Bancorp.

8 Mellon Bank Corp. United Bankshares

9 Wayne Bancorp Chippewa Valley Bancshares

10 Renaissance Bankcard ServicesT L Holdings

part 2 of 4

Completion Deal Value

Rank Buyer Announcement date date

1 First Union Corp. 18-Nov Pending

2 North Fork Bancorp. 7-Oct Pending

3 BB&T Corp. 16-Dec Pending

4 Zions Bancorp. 24-Sep Jan. 6, 1998

5 Community First Bankshares 7-Nov Pending

6 NationsBank Corp. 29-Aug Jan. 9, 1998

7 Regions Financial Corp 23-Sep Pending

8 Mellon Bank Corp. 24-Nov Pending

9 Wayne Bancorp 14-Oct Pending

10 Renaissance Bankcard Services 31-Aug Aug. 31

part 3 of 4

Price to Buyer

Price to 12 mo ntotal assets

Buyer $0 equity income

First Union $17,103,843 5.39 21.19

North Fork 833,856 4.75 13.28

BB&T Corp. 160,447 4.29 27.96

Zions Banco 173,900 4.24 25.46

Community F 34,125 4.24 16.99

NationsBank 15,567,729 4.05 24.74

Regions Fin 84,919 3.98 29.34

Mellon Bank 400,000 3.95 24.51

Wayne Banco 41,867 3.94 35.69

Renaissance 25,000 3.93 33.47

part 4 of 4

Buyer Seller's

Total Assets total assets

Rank Buyer $0 $0

1 First Union $142,942,000 $47,591,000

2 North Fork 6,613,754 3,283,653

3 BB&T Corp. 27,212,111 478,464

4 Zions Banco 8,049,952 597,702

5 Community F 4,248,258 105,502

6 NationsBank240,362,000 44,005,071

7 Regions Fin 21,214,942 292,466

8 Mellon Bank 43,465,000 809,128

9 Wayne Banco 346,437 133,364

10 Renaissance N/A 94,882 === Source: Sheshunoff Information Services, Austin, Tex. N/A = Not available

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