Top 50 Banking Companies in Small Business Lending at Midyear 1998

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Banking companies that hold $500 million or more in small business loans - commercial and industrial loans with original amount of $1 million or less. Totals combined for all subsidiaries on June 30, 1998, compared with June 30, 1997.

part 1 of 5

Rank Rank

Jun-98Jun-97

1 1 NationsBank Corp., Charlotte, N.C. (a)

2 2 Wells Fargo & Co., San Francisco

3 5 Norwest Corp., Minneapolis (a)

4 10 First Union Corp. Charlotte, N.C. (a)

5 3 Banc One Corp., Columbus, Ohio (a)

6 13 U.S. Bancorp, Minneapolis, Minn.

7 4 First Chicago NBD Corp.

8 7 BankAmerica Corp., San Francisco

9 6 KeyCorp, Cleveland

10 9 Chase Manhattan Corp., New York (b)

11 12 National City Corp., Cleveland (a)

12 8 Fleet Financial Group, Boston

13 11 PNC Bank Corp., Pittsburgh

14 19 SouthTrust Corp., Birmingham, Ala. (a)

15 25 Wachovia Corp., Winston-Salem, N.C. (a) (b)

16 15 Citicorp, New York

17 17 Comerica Inc., Detroit

18 16 SunTrust Banks Inc., Atlanta

19 18 HSBC Americas Inc., Buffalo ( )

20 22 Huntington Bancshares Inc., Columbus, Ohio

21 24 Popular Inc., San Juan, P.R.

22 21 BB&T Corp., Winston-Salem, N.C. (a)

23 45 Union Planters Corp., Memphis, Tenn. (a) (b)

24 37 Fifth Third Bancorp, Cincinnati, Ohio (a)

25 43 First American Corp., Nashville, Tenn. (a)

26 27 Marshall & Ilsley Corp., Milwaukee (a)

27 28 First Tennessee National Corp., Memphis, Tenn.

28 40 M & T Bank Corp., Buffalo (a)

29 23 Firstar Corp., Milwaukee (b)

30 26 Summit Bancorp, Princeton, N.J.

31 31 Bank of Tokyo-Mitsubishi Ltd., Tokyo, Japan (*)

32 33 Bank of Boston Corp. (a)

33 32 ABN-AMRO North America Inc., Chicago ( )

34 29 Mercantile Bancorp, St. Louis, Mo. (b)

35 36 AmSouth Bancorp, Birmingham, Ala.

36 34 Synovus Financial Corp., Columbus, Ga.

37 41 Mellon Bank Corp., Pittsburgh

38 42 First Security Corp., Salt Lake City, Utah

39 48 First Maryland Bancorp, Baltimore ( ) (b)

40 44 Crestar Financial Corp., Richmond, Va.

41 47 Compass Bancshares, Birmingham, Ala. (a)

42 NR 1st Source Corp., South Bend, Ind.

43 50 Mercantile Bankshares Corp., Baltimore

44 46 Old Kent Financial Corp., Grand Rapids, Mich.

45 62 Hibernia Corp., New Orleans (a)

46 NR Colonial Bancgroup, Montgomery, Ala.

47 64 Zions Bancorp, Salt Lake City (a)

48 53 Star Banc Corp., Cincinnati (a)

49 83 Community First Bankshares, Fargo, N.D. (a) (b)

50 51 Bank of New York Co.

Totals for the top 50

Totals for all FDIC-insured banks

part 2 of 5

Rank Rank Outstandings

Jun-98Jun-97 6/30/98 6/30/97

Millions

1 1 NationsBank $6,180.40 $7,134.40

2 2 Wells Fargo 5,192.60 4,646.40

3 5 Norwest Cor 4,565.70 3,780.20

4 10 First Union 4,330.60 5,004.70

5 3 Banc One Co 4,055.80 4,604.50

6 13 U.S. Bancor 3,698.70 3,472.70

7 4 First Chica 3,539.90 3,727.10

8 7 BankAmerica 3,524.10 3,160.60

9 6 KeyCorp, Cl 3,252.50 3,295.00

10 9 Chase Manha 3,066.30 2,806.80

11 12 National Ci 2,903.00 2,933.70

12 8 Fleet Finan 2,616.00 3,104.80

13 11 PNC Bank Co 2,610.50 2,505.60

14 19 SouthTrust 2,221.60 1,684.80

15 25 Wachovia Co 1,796.00 1,796.10

16 15 Citicorp, N 1,792.60 1,929.50

17 17 Comerica In 1,755.00 1,751.00

18 16 SunTrust Ba 1,728.90 1,752.20

19 18 HSBC Americ 1,688.80 1,690.50

20 22 Huntington 1,628.40 1,681.00

21 24 Popular Inc 1,621.30 1,311.30

22 21 BB&T Corp., 1,546.70 1,288.40

23 45 Union Plant 1,305.00 1,187.00

24 37 Fifth Third 1,265.60 1,023.50

25 43 First Ameri 1,233.90 1,302.70

26 27 Marshall & 1,232.70 1,162.60

27 28 First Tenne 1,218.70 1,129.60

28 40 M & T Bank 1,214.50 1,014.80

29 23 Firstar Cor 1,210.00 1,229.90

30 26 Summit Banc 1,189.80 1,199.20

31 31 Bank of Tok 1,179.20 1,085.30

32 33 Bank of Bos 1,139.50 1,059.40

33 32 ABN-AMRO No 1,087.30 985.6

34 29 Mercantile 1,082.20 1,135.50

35 36 AmSouth Ban 1,048.90 1,002.70

36 34 Synovus Fin 986 989.2

37 41 Mellon Bank 970.9 964.6

38 42 First Secur 943.5 866.3

39 48 First Maryl 922.3 933.2

40 44 Crestar Fin 775.8 642

41 47 Compass Ban 774.2 629

42 NR 1st Source 748.5 602.5

43 50 Mercantile 673.3 587.5

44 46 Old Kent Fi 649.3 618.3

45 62 Hibernia Co 655.1 553.3

46 NR Colonial Ba 628.3 623.3

47 64 Zions Banco 589.3 612.1

48 53 Star Banc C 584.9 546.9

49 83 Community F 576.9 508.3

50 51 Bank of New 574.4 564.4

Totals for t$91,775.40 $89,820.00

Totals for a$184,867.50 $175,261.70

part 3 of 3

Rank Rank Number of Loans

Jun-98Jun-97 % Chg. 6/30/98 6/30/97

1 1 NationsBank -13.37% 207,200 209,941

2 2 Wells Fargo 11.76 282,888 307,869

3 5 Norwest Cor 20.78 73,831 70,611

4 10 First Union -13.47 57,663 67,373

5 3 Banc One Co -11.92 90,646 110,418

6 13 U.S. Bancor 6.51 219,362 120,684

7 4 First Chica -5.02 33,028 34,271

8 7 BankAmerica 11.5 246,924 146,425

9 6 KeyCorp, Cl -1.29 48,063 48,875

10 9 Chase Manha 9.25 64,914 39,645

11 12 National Ci -1.05 69,568 44,118

12 8 Fleet Finan -15.74 41,364 66,278

13 11 PNC Bank Co 4.18 36,963 37,700

14 19 SouthTrust 31.86N/A N/A

15 25 Wachovia Co -0.01 43,861 46,434

16 15 Citicorp, N -7.1 80,781 86,846

17 17 Comerica In 0.23 23,275 21,709

18 16 SunTrust Ba -1.33 34,189 43,960

19 18 HSBC Americ -0.1 25,431 23,004

20 22 Huntington -3.13 35,506 24,801

21 24 Popular Inc 23.64 20,413 17,274

22 21 BB&T Corp., 20.05 43,013 49,324

23 45 Union Plant 9.94 32,019 28,686

24 37 Fifth Third 23.66 10,376 8,003

25 43 First Ameri -5.29 20,651 19,694

26 27 Marshall & 6.03 19,592 21,019

27 28 First Tenne 7.89 14,341 14,570

28 40 M & T Bank 19.69 17,951 13,959

29 23 Firstar Cor -1.61 55,474 52,359

30 26 Summit Banc -0.78 11,302 10,934

31 31 Bank of Tok 8.66 15,201 11,264

32 33 Bank of Bos 7.56 6,873 6,907

33 32 ABN-AMRO No 10.32 22,075 22,775

34 29 Mercantile -4.7 20,905 24,007

35 36 AmSouth Ban 4.6 29,022 14,590

36 34 Synovus Fin -0.33 21,872 21,423

37 41 Mellon Bank 0.65 23,933 37,824

38 42 First Secur 8.91 18,363 17,510

39 48 First Maryl -1.16 8,291 9,240

40 44 Crestar Fin 20.83 25,620 24,093

41 47 Compass Ban 23.1 38,194 31,503

42 NR 1st Source 24.25 21,334 17,255

43 50 Mercantile 14.6 20,557 23,675

44 46 Old Kent Fi 5.01 11,067 11,158

45 62 Hibernia Co 18.4 15,743 22,767

46 NR Colonial Ba 0.8 11,745 11,705

47 64 Zions Banco -3.71 18,488 19,162

48 53 Star Banc C 6.94 9,162 8,066

49 83 Community F 13.49 14,755 13,093

50 51 Bank of New 1.77 8,553 7,234

Totals for t 2.18%2,115,141,932,09

Totals for a 5.48%5,011,954,153,51

part 4 of 4

Small Business as a %

Rank Rank Average Balance of Domestic C&I Loans

Jun-98Jun-97 6/30/98 6/30/97 6/30/98

Actual Dollars

1 1 NationsBank$29,828 $33,983 14.60%

2 2 Wells Fargo 18,356 15,092 27.9

3 5 Norwest Cor 61,839 53,535 53.5

4 10 First Union 75,101 74,283 10.4

5 3 Banc One Co 44,743 41,701 23.1

6 13 U.S. Bancor 16,861 28,775 22.1

7 4 First Chica 107,179 108,754 13.9

8 7 BankAmerica 14,272 21,585 11.6

9 6 KeyCorp, Cl 67,671 67,417 23.8

10 9 Chase Manha 47,237 70,799 10.4

11 12 National Ci 41,729 66,497 23.7

12 8 Fleet Finan 63,243 46,845 9.6

13 11 PNC Bank Co 70,624 66,462 14.7

14 19 SouthTrust N/A N/A 40.6

15 25 Wachovia Co 40,947 38,680 13.8

16 15 Citicorp, N 22,190 22,217 14.5

17 17 Comerica In 75,403 80,659 12.1

18 16 SunTrust Ba 50,569 39,860 12.9

19 18 HSBC Americ 66,407 73,486 30

20 22 Huntington 45,862 67,780 38.4

21 24 Popular Inc 79,423 75,910 50.1

22 21 BB&T Corp., 37,616 26,121 58.6

23 45 Union Plant 40,756 41,379 44

24 37 Fifth Third 121,970 127,884 44.6

25 43 First Ameri 59,748 66,149 44.5

26 27 Marshall & 62,918 55,311 35.6

27 28 First Tenne 84,980 77,531 45.2

28 40 M & T Bank 67,659 72,697 44.4

29 23 Firstar Cor 21,812 23,489 30.6

30 26 Summit Banc 105,276 109,675 22.6

31 31 Bank of Tok 77,576 96,350 9.8

32 33 Bank of Bos 165,791 153,374 7.2

33 32 ABN-AMRO No 49,257 43,278 9.8

34 29 Mercantile 51,767 47,300 27.9

35 36 AmSouth Ban 36,140 68,725 36.9

36 34 Synovus Fin 45,081 46,177 69.6

37 41 Mellon Bank 40,568 25,503 9.7

38 42 First Secur 51,381 49,475 38.9

39 48 First Maryl 111,242 100,990 36.5

40 44 Crestar Fin 30,280 26,647 25.2

41 47 Compass Ban 20,271 19,965 40.2

42 NR 1st Source 35,086 34,915 69.8

43 50 Mercantile 32,754 24,817 17.3

44 46 Old Kent Fi 58,673 55,417 26.6

45 62 Hibernia Co 41,615 24,303 23.7

46 NR Colonial Ba 53,494 53,251 81.3

47 64 Zions Banco 31,876 31,941 51.5

48 53 Star Banc C 63,838 67,806 25.1

49 83 Community F 39,099 38,825 83.2

50 51 Bank of New 67,157 78,021 13.7

Totals for t$43,390 $46,488 20.40%

Totals for a$36,885 $42,196 28.19%

part 4 of 5

Rank Rank

Jun-98Jun-97 6/30/97

1 1 NationsBank 17.90%

2 2 Wells Fargo 28.8

3 5 Norwest Cor 48.5

4 10 First Union 15.9

5 3 Banc One Co 26.7

6 13 U.S. Bancor 22.3

7 4 First Chica 16.1

8 7 BankAmerica 11.7

9 6 KeyCorp, Cl 28.7

10 9 Chase Manha 9.5

11 12 National Ci 26.4

12 8 Fleet Finan 13.2

13 11 PNC Bank Co 16.3

14 19 SouthTrust 36.4

15 25 Wachovia Co 16.1

16 15 Citicorp, N 16.8

17 17 Comerica In 13.5

18 16 SunTrust Ba 16.1

19 18 HSBC Americ 38.5

20 22 Huntington 41.1

21 24 Popular Inc 50.1

22 21 BB&T Corp., 59.6

23 45 Union Plant 46.1

24 37 Fifth Third 38.7

25 43 First Ameri 50.9

26 27 Marshall & 41.8

27 28 First Tenne 46.2

28 40 M & T Bank 43.5

29 23 Firstar Cor 34.7

30 26 Summit Banc 27.8

31 31 Bank of Tok 8.9

32 33 Bank of Bos 7.6

33 32 ABN-AMRO No 11.1

34 29 Mercantile 32.7

35 36 AmSouth Ban 32.7

36 34 Synovus Fin 72.6

37 41 Mellon Bank 10.3

38 42 First Secur 42

39 48 First Maryl 40.3

40 44 Crestar Fin 27.8

41 47 Compass Ban 40.7

42 NR 1st Source 71.5

43 50 Mercantile 16.9

44 46 Old Kent Fi 27.5

45 62 Hibernia Co 27.8

46 NR Colonial Ba 91.3

47 64 Zions Banco 55.1

48 53 Star Banc C 26.4

49 83 Community F 88.3

50 51 Bank of New 12.2

Totals for t 22.61%

Totals for a 30.30%

Source: Sheshunoff Information Services, Austin, Tex., from FDIC call reports, bank holding company reports, and American Banker research (for merger restatements). (a) Small business loan balances for June 30, 1997, are adjusted to reflect mergers completed from July 1, 1997, to June 30, 1998. (b) Call reports indicate that substantially all the company's domestic C&I loans are small business loans. Credit card outstandings are excluded from totals for Chase Manhattan and Wachovia. ( ) Majority owned by a foreign bank. (*) Small business loans originated by U.S.-based units of a foreign bank. N/A = not available. N/R = not ranked by American Banker in 1997 American Banker 1998 ===

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