+++ 1996 compared with 1995

Performance Study Peer Groups

Asset Total Assets: Dec. 31

Rank $ millions

1995 Mega Banks 1995 1994

1 Chase Manhattan Corp., New York * 336,099 304,099

2 Citicorp, New York 281,018 256,853

3 Bank America Corp., San Francisco 250,753 232,446

4 J.P. Morgan & Co., Inc., New York 215,043 178,510

5 NationsBank Corp., Charlotte, NC * 1 185,794 187,298

6 First Union Corp., Charlotte, NC 140,127 131,880

7 Bankers Trust New York Corp. 120,235 104,002

8 Wells Fargo & Co., San Francisco * 108,888 105,728

9 First Chicago NBD Corp., Chicago 104,619 122,002

10 Banc One Corp., Columbus * 96,398 90,454

11 Fleet Financial Group, Inc., Boston * 85,518 84,432

12 Norwest Corp., Minneapolis * 79,112 72,580

SUPEREGIONAL BANKS

1 PNC Bank Corp., Pittsburgh * 73,260 73,404

2 KeyCorp, Cleveland 67,621 66,339

3 Bank of Boston Corp., Boston * 59,523 55,744

4 Bank of New York Co., Inc., New York 55,891 53,720

5 Suntrust Banks, Inc., Atlanta 52,468 46,471

6 Republic NY, Corp., New York 52,299 43,882

7 National City Corp., Cleveland 50,859 50,542

8 Wachovia Corp., Winston-Salem, NC 46,905 44,981

9 CoreStates Financial Corp., Philadelphia * 45,494 45,997

10 Mellon Bank Corp., Pittsburgh * 42,596 40,646

11 Barnett Banks Inc., Jacksonville, Fla. * 41,231 41,554

12 Boatmen's Bancshares, Inc., Jacksonville, Fla 41,200 33,704

13 First Bank System, Inc., Minneapolis 2 36,489 33,874

14 Comerica Inc., Detroit * 34,206 35,470

15 US Bancorp , Portland, Oregon * 2 33,260 31,794

16 State Street Boston Corp., Boston 31,524 25,785

17 Union Bk of CA NA * 28,234 27,547

18 SouthTrust Corp., Birmingham, Ala. * 26,223 20,787

LARGE REGIONAL BANKS:

1 HSBC Americas, Inc., Buffalo, NY 3 23,630 20,553

2 Crestar Financial Corp., Richmond, Va. 22,862 22,333

3 Summit Bancorp, Princeton, NJ * 22,668 21,537

4 First of America Bank Corp., Kalamazoo, Mich. 22,194 23,752

5 Northern Trust Corp., Chicago 21,608 19,934

6 Southern National Corp., Winston-Salem, NC 21,247 20,636

7 Huntington Bancshares, Inc., Columbus, Ohio 20,852 20,255

8 Fifth Third Bancorp, Cincinnati 20,549 17,053

9 Harris Bank, Chicago 3 20,121 17,405

10 Firstar Corp., Milwaukee 19,767 19,168

11 Mercantile Bancorp, Inc., St. Louis * 18,987 15,934

12 Regions Financial Corp., Birmingham, Ala. 18,930 16,852

13 La Salle National Corp, Chicago 3 18,789 15,596

14 AmSouth Bancorp, Birmingham, Ala. 18,047 17,739

15 MBNA Corp., Wilmington, Del. 17,035 13,231

16 BanPonce Corp., San Juan 16,712 15,676

17 Union Planters Corp., Memphis, Tenn. 15,223 14,383

18 Citizens Financial Group, Inc., Providence, R 15,159 10,195

19 Marshall & Ilsey Corp., Milwaukee 14,763 13,300

20 First Security Corp., Salt Lake City, Utah 14,708 13,035 ===

Sources of Asset Data: American Banker Research, First Call Corp., ILX Systems, 1996 year-end Bank Annual Reports and press releases. Mega banking companies are banks that have assets of $75 billion or more on Dec. 31, 1996. Superregional banking companies are banks with assets between $25 billion and $75 billion on Dec. 31, 1996. Large regional banking companies are banks with assets between $10 billion and $25 billion on Dec. 31, 1996. Only the 20 largest in the group are listed. (*) The 1995 data has been restated for subsequent mergers and or changes in accounting principles. (1) NationsBank completed a bank merger with Boatmen's Bank on 1/7/97 and 1996 data has been restated to reflect consolidation. Boatmen's Bancshares data is also listed separately. (2) US Bancorp and First Bank System, Inc. announced a tentative merger agreement on 3/19/97. (3) US subsidiary of a Foreign Banking institution.

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