Top 50 U.S. Bank Holding Companies

+++ Ranked by total assets on Dec. 31, 1997, compared with Dec. 31, 1996 (dollar amounts in millions)

part 1 of 2

TOTAL ASSETS

Rank

1997 Name of Bank Holding Company 12/31/97

1 Chase Manhattan Corp., New York (*) $365,521.00

2 Citicorp, New York (*) 310,897.00

3 NationsBank Corp., Charlotte, N.C. (1) 264,562.00

4 J.P. Morgan & Co., New York (*) 262,159.00

5 BankAmerica Corp., San Francisco (a) 260,159.00

6 First Union Corp., Charlotte, N.C. (2) (* 157,274.00

7 Bankers Trust New York Corp. (*) 140,102.00

8 Banc One Corp., Columbus, Ohio 115,901.30

9 First Chicago NBD Corp. (d) (*) 114,096.00

10 Wells Fargo & Co., San Francisco 97,456.00

11 Norwest Corp., Minneapolis 88,540.20

12 Fleet Financial Group Inc., Boston (b) 85,535.00

13 PNC Bank Corp., Pittsburgh (a) 75,120.00

14 KeyCorp, Cleveland (a) 73,699.00

15 U.S. Bancorp Inc., Minneapolis (3) 71,295.00

16 BankBoston Corp. 69,268.00

17 Wachovia Corp., Winston-Salem, N.C. (4) ( 65,397.10

18 Bank of New York Co. (e) (*) 59,953.00

19 SunTrust Banks Inc., Atlanta 57,982.70

20 Republic New York Corp. 55,638.40

21 National City Corp., Cleveland 54,683.50

22 CoreStates Financial Corp, Philadelphia ( 48,461.00

23 Barnett Banks Inc., Jacksonville, Fla. (5 46,438.00

24 Mellon Bank Corp., Pittsburgh 44,892.00

25 State Street Corp., Boston 37,975.00

26 Comerica Inc., Detroit 36,292.00

27 HSBC Americas Inc., Buffalo, N.Y. (f) 31,517.60

28 SouthTrust Corp., Birmingham, Ala. 30,906.40

29 Unionbancal Corp., San Francisco 30,585.30

30 Summit Bancorp, Princeton, N.J. 29,964.20

31 Mercantile Bancorp. Inc., St. Louis, Mo. 29,955.40

32 BB&T Corp., Winston-Salem, N.C. (6) 29,177.60

33 Huntington Bancshares Inc., Columbus, Ohi 26,730.50

34 Northern Trust Corp., Chicago (c) 25,315.40

35 Crestar Financial Corp., Richmond (b) 24,900.00

36 LaSalle National Corp., Chicago (f, h) (* 24,876.00

37 Regions Financial Corp., Birmingham, Ala. 23,034.20

38 Harris Bankcorp, Chicago (f) 22,224.00

39 Fifth Third Bancorp, Cincinnati 21,375.00

40 MBNA Corp., Wilmington, Del. 21,305.50

41 First of America Bank Corp., Kalamazoo, M 21,079.70

42 Firstar Corp., Milwaukee (*) 19,843.70

43 Marshall & Ilsley Corp., Milwaukee, Wis. 19,477.50

44 Popular Inc., San Juan, P.R. (a) 19,300.10

45 AmSouth Bancorp., Birmingham, Ala. (g) (* 18,622.30

46 Union Planters Corp., Memphis, Tenn. (8) 18,105.10

47 First Security Corp., Salt Lake City, Uta 17,307.40

48 Citizens Financial Group Inc., Providence 16,790.80

49 Pacific Century Financial Corp., Honolulu 14,995.50

50 First Empire State Corp., Buffalo, N.Y. 14,002.90

part 2 of 3

TOTAL DEPOSITS

Rank Change

1997 Name of Bank Ho 12/31/96 % Chg. in Rank 12/31/97

1 Chase Manhattan$336,099.00 8.8 $193,688.00

2 Citicorp, New Y 281,018.00 10.6 199,121.00

3 NationsBank Cor 226,994.40 16.5 2 138,194.00

4 J.P. Morgan & C 222,025.60 18.1 58,879.00

5 BankAmerica Cor 250,753.00 3.8 -2 172,037.00

6 First Union Cor 151,847.40 3.6 102,889.00

7 Bankers Trust N 120,235.00 16.5 42,830.00

8 Banc One Corp., 101,848.10 13.8 2 77,414.30

9 First Chicago N 104,619.00 9.1 68,489.00

10 Wells Fargo & C 108,888.30 -10.5 -2 72,199.00

11 Norwest Corp., 80,175.40 10.4 1 55,457.10

12 Fleet Financial 85,517.70 0 -1 63,735.00

13 PNC Bank Corp., 73,260.00 2.5 47,649.00

14 KeyCorp, Clevel 67,621.00 9 45,073.00

15 U.S. Bancorp In 69,749.40 2.2 10 49,027.00

16 BankBoston Corp 62,306.00 11.2 -1 45,761.00

17 Wachovia Corp., 57,444.90 13.8 3 42,653.80

18 Bank of New Yor 55,765.00 7.5 -2 41,357.00

19 SunTrust Banks 52,468.20 10.5 -2 38,197.50

20 Republic New Yo 52,298.90 6.4 -2 33,389.50

21 National City C 50,855.80 7.5 -2 36,861.10

22 CoreStates Fina 45,494.20 6.5 -1 33,585.00

23 Barnett Banks I 41,231.40 12.6 35,439.00

24 Mellon Bank Cor 42,596.00 5.4 -2 31,305.00

25 State Street Co 31,524.10 20.5 3 24,878.00

26 Comerica Inc., 34,206.10 6.1 22,586.30

27 HSBC Americas I 23,629.80 33.4 4 22,817.00

28 SouthTrust Corp 26,223.20 17.9 2 19,586.60

29 Unionbancal Cor 29,234.10 4.6 23,296.40

30 Summit Bancorp, 22,668.00 32.2 3 22,329.40

31 Mercantile Banc 18,987.00 57.8 10 22,079.90

32 BB&T Corp., Win 21,246.60 37.3 4 20,210.10

33 Huntington Banc 20,851.50 28.2 4 17,983.70

34 Northern Trust 21,608.30 17.2 1 16,360.00

35 Crestar Financi 22,861.90 8.9 -3 16,400.00

36 LaSalle Nationa 18,789.30 32.4 7 16,214.20

37 Regions Financi 18,930.20 21.7 5 17,750.90

38 Harris Bankcorp 20,120.50 10.5 1 16,299.00

39 Fifth Third Ban 20,549.00 4 -1 14,914.00

40 MBNA Corp., Wil 17,035.30 25.1 5 12,913.20

41 First of Americ 22,062.20 -4.5 -7 15,759.30

42 Firstar Corp., 19,787.40 0.3 -2 14,714.70

43 Marshall & Ilsl 14,763.30 31.9 6 14,356.00

44 Popular Inc., S 16,711.60 15.5 2 11,749.60

45 AmSouth Bancorp 18,407.30 1.2 -1 12,945.20

46 Union Planters 15,222.60 18.9 1 13,440.30

47 First Security 14,708.00 17.7 3 10,716.30

48 Citizens Financ 15,159.20 10.8 13,562.70

49 Pacific Century 14,009.20 7 2 9,621.00

50 First Empire St 12,943.90 8.2 3 11,163.20

part 3 of 3

NET INCOME

Rank

1997 Name of Bank Ho 12/31/96 % Chg. 1997 1996

1 Chase Manhattan########## 7.1 $3,708.00 $2,461.00

2 Citicorp, New Y184,955.00 7.7 3,591.00 3,788.00

3 NationsBank Cor138,452.00 -0.2 3,077.00 2,939.00

4 J.P. Morgan & C 52,723.60 11.7 1,465.00 1,574.10

5 BankAmerica Cor168,015.00 2.4 3,210.00 2,873.00

6 First Union Cor102,702.30 0.2 1,896.00 1,623.90

7 Bankers Trust N 30,315.00 41.3 866 612

8 Banc One Corp., 72,373.10 7 1,305.70 1,426.50

9 First Chicago N 63,669.00 7.6 1,525.00 1,436.00

10 Wells Fargo & C 82,090.50 -12 1,155.50 1,070.90

11 Norwest Corp., 50,130.20 10.6 1,351.00 1,153.90

12 Fleet Financial 67,071.60 -5 1,303.00 1,138.80

13 PNC Bank Corp., 45,676.00 4.3 1,052.50 992.2

14 KeyCorp, Clevel 45,317.00 -0.5 919 783

15 U.S. Bancorp In 49,356.00 -0.7 838.5 1,218.70

16 BankBoston Corp 42,831.00 6.8 879 650.2

17 Wachovia Corp., 35,321.60 20.8 592.8 757.3

18 Bank of New Yor 39,343.00 5.1 1,104.00 1,020.00

19 SunTrust Banks 36,890.40 3.5 667.3 616.6

20 Republic New Yo 31,725.60 5.2 449.1 418.8

21 National City C 35,999.70 2.4 807.4 736.6

22 CoreStates Fina 33,727.20 -0.4 813.3 649.1

23 Barnett Banks I 33,820.30 4.8 574.8 564.5

24 Mellon Bank Cor 31,374.00 -0.2 771 733

25 State Street Co 19,519.00 27.5 380 292.8

26 Comerica Inc., 22,367.20 1 530 417.2

27 HSBC Americas I 17,709.80 28.8 471 380.2

28 SouthTrust Corp 17,305.50 13.2 306.7 254.7

29 Unionbancal Cor 21,533.00 8.2 411.3 249.5

30 Summit Bancorp, 18,375.00 21.5 371 229.2

31 Mercantile Banc 14,819.90 49 204.6 191.9

32 BB&T Corp., Win 14,953.90 35.1 359.9 283.7

33 Huntington Banc 13,385.90 34.3 292.7 262.1

34 Northern Trust 13,796.20 18.6 309.4 258.8

35 Crestar Financi 15,671.20 4.7 309.8 218.3

36 LaSalle Nationa 12,536.80 29.3 253.4 197.2

37 Regions Financi 15,048.30 18 299.7 229.7

38 Harris Bankcorp 14,679.30 11 180.6 161.5

39 Fifth Third Ban 14,374.70 3.8 401.2 335.1

40 MBNA Corp., Wil 10,151.70 27.2 622.5 474.5

41 First of Americ 17,619.30 -10.6 314.8 256.9

42 Firstar Corp., 15,214.20 -3.3 295.2 250.2

43 Marshall & Ilsl 10,952.40 31.1 245.1 203.4

44 Popular Inc., S 10,763.30 9.2 209.6 185.2

45 AmSouth Bancorp 12,467.60 3.8 226.2 182.7

46 Union Planters 11,490.30 17 208.8 133.7

47 First Security 9,439.30 13.5 205.9 177.8

48 Citizens Financ 12,240.80 10.8 184.6 149

49 Pacific Century 8,684.10 10.8 139.5 133.1

50 First Empire St 10,514.50 6.2 176.2 151.1

Sources of Data: American Banker survey, Sheshunoff Information Services Inc., Austin, Tex., and the companies' earning releases and annual reports. Data are consolidated to include domestic and foreign subsidiaries. Net income is income after taxes and extraordinary items. Number of banks include domestic commercial banks controlled and their branches. Note that an asterisk (*) by the name reflects Sept. 1997 numbers of banks and branches. (1) 1996 numbers shown have been adjusted to account for the acquisition of Boatmen's Bancshares. (2) 1996 numbers shown have been adjusted to account for the acquisition of Signet Banking Corp. on Nov. 28, 1997. (3) 1996 numbers shown have been adjusted to account for the acquisition of U.S. Bancorp, on Aug. 1, 1997. The firm then changed its name from First Bank System. (4) 1996 numbers shown have been adjusted to account for the acquisition of Central Fidelity Banks on Dec. 15, 1997. Data has not been restated for the acquisition of 1st United Bancorp or Jefferson Bancshares. (5) Data has not been restated for the acquisition of First of American Bank Florida. (6) Data has not been restated for the acquisition of Virginia First Financial. Corp. (7) Data has not been restated for the acquisition of First Michigan Bank Corp. (8) Data has not been restated for the acquisition of Capital Bancorp or Magna Bancorp. (9) Data has not been restated for the acquisition of CU Bancorp. (a) Owns one thrift. (b) Owns two thrifts. (c) Owns three thrifts. (d) Owns fourteen thrifts. (e) Owns thirty thrifts. (f) Majority owned by a foreign bank. (g) 1996 number of employees shows 1995 numbers. (h) No 1997 number of employees available. American Banker 1998 ===

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