Performance of Top 75 Equity Funds Managed by Banks

+++ Proprietary equity mutual funds ranked by the total return in the second quarter (dollar amounts in millions) Set 1 of 3 Rank Fund Name Bank 1 First American-Technology Fund C First Bank, N.A. 2 First American-Technology Fund A First Bank, N.A. 3 First American-Technology Fund B First Bank, N.A. 4 UST Master-Emerging Americas U.S. Trust Corp. 5 Overland Express Strategic Gr A Wells Fargo Bank, N.A. 6 Overland Express Strategic Gr D Wells Fargo Bank, N.A. 7 FFB Equity Fund First Fidelity Bank, N.A. 8 Mariner Tr-Small Cap Fund Marine Midland Bank/HSBC Holdings BV 9 OVB Emerging Growth A One Valley Bank, N.A. 10 OVB Emerging Growth B One Valley Bank, N.A. 11 Vista Small Cap Equity A Chase Manhattan, N.A. 12 Vista Small Cap Equity B Chase Manhattan, N.A. 13 Qualivest Small Co Value Y U.S. Bancorp 14 Shelby Fund Shelby County Trust Bank 15 Qualivest Small Co Value A U.S. Bancorp 16 Qualivest Small Co Value C U.S. Bancorp 17 UST Master-Productivity Enhancers U.S. Trust Corp. 18 Lexicon Select Value First Fidelity Bank, N.A. 19 OVB Capital Appreciation A One Valley Bank, N.A. 20 Sierra Tr Growth Fund A Great Western Financial 21 Norwest Advantage-Large Co Growth Norwest Bank Minnesota N.A. 22 OVB Capital Appreciation B One Valley Bank, N.A. 23 American Performance Aggr Growth Bank of Oklahoma 24 Sierra Tr Growth Fund B Great Western Financial 25 PNC Fund-Small Cap Gr Eq Inst PNC Bank Corp 26 PNC Fund-Small Cap Gr Eq Svc PNC Bank Corp 27 PNC Fund-Small Cap Gr Eq A PNC Bank Corp 28 Galaxy Small Company Eq Ret Fleet Financial Group 29 Munder Accelerating Growth Y Comerica Bank 30 Munder Accelerating Growth K Comerica Bank 31 Arrow Fds-Equity Portfolio Mark Twain Bank 32 First American-Regional Equity C First Bank, N.A. 33 First American-Regional Equity A First Bank, N.A. 34 Evergreen U.S. Real Estate Eq Y First Union National Bank of N.C. 35 First American-Regional Equity B First Bank, N.A. 36 CrestFunds, Inc-Capital Apprec Inv Crestar Bank 37 Ark Fds-Capital Growth Tr First Maryland Bank 38 CrestFunds, Inc-Capital Apprec Tr Crestar Bank 39 UST Master-Environment Related U.S. Trust Corp. 40 DG Investor Series-Opportunity Deposit Guaranty Bank 41 Conestoga Special Equity Inst Meridian Bancorp, Inc. 42 Conestoga Special Equity Ret Meridian Bancorp, Inc. 43 Ark Fds-Capital Growth Inv First Maryland Bank 44 BB&T Small Company Growth Tr Branch Banking and Trust Company 45 BB&T Small Company Growth Inv Branch Banking and Trust Company 46 Lexicon Capital Appreciation Eq First Fidelity Bank, N.A. 47 Emerald Small Cap Inst Barnett Banks 48 Paragon Value Equity Income Premier Bancorp 49 Emerald Small Cap A Barnett Banks 50 First American-Diversified Gr C First Bank, N.A. 51 Pacific Horizon Aggressive Gr Bank of America 52 Emerald Small Cap B Barnett Banks 53 First American-Diversified Gr A First Bank, N.A. 54 Emerald Equity Fund A Barnett Banks 55 Dreyfus Third Century Fund Mellon Bank, N.A. 56 1784 Funds-Growth and Income First National Bank of Boston 57 Evergreen Global Real Estate Y First Union National Bank of N.C. 58 CoreFund Growth Equity A CoreStates Bank 59 Glenmede Equity Fund Glenmede Trust Company 60 First American-Diversified Gr B First Bank, N.A. 61 CoreFund Growth Equity B CoreStates Bank 62 Biltmore Special Values Fund Wachovia 63 Victory Portf-OH Regional Stock KeyCorp 64 Peachtree Equity Fund Bank South 65 Seven Seas SmallCap Fund State Street Bank & Trust Co. 66 Nations Capital Growth Inv A NationsBank Corporation 67 Hanover Blue Chip Growth Inv Chemical Bank 68 Hanover Blue Chip Growth Adv Chemical Bank 69 Nations Capital Growth Tr A NationsBank Corporation 70 Norwest Advantage-Small Co Growth Norwest Bank Minnesota N.A. 71 Vision Growth & Income Fund First Empire State Corp. 72 Rembrandt Growth Equity Tr LaSalle National Trust, N.A. 73 Shawmut Small Cap Equity Inv Shawmut Bank, N.A. 74 Shawmut Small Cap Equity Tr Shawmut Bank, N.A. 75 Seven Seas Growth & Income State Street Bank & Trust Co.

Bank proprietary equity fund avg.

Nonbank equity fund averages

All equity fund averages

S+P 500 Set 2 of 3 Rank Fund Name Investment Objective 1 First American-Technology Fund C Technology 2 First American-Technology Fund A Technology 3 First American-Technology Fund B Technology 4 UST Master-Emerging Americas International Equity 5 Overland Express Strategic Gr A Maximum Capital Gain 6 Overland Express Strategic Gr D Maximum Capital Gain 7 FFB Equity Fund Growth and Current Income 8 Mariner Tr-Small Cap Fund Small Company Growth 9 OVB Emerging Growth A Small Company Growth 10 OVB Emerging Growth B Small Company Growth 11 Vista Small Cap Equity A Small Company Growth 12 Vista Small Cap Equity B Small Company Growth 13 Qualivest Small Co Value Y Small Company Growth 14 Shelby Fund Small Company Growth 15 Qualivest Small Co Value A Small Company Growth 16 Qualivest Small Co Value C Small Company Growth 17 UST Master-Productivity Enhancers Long-Term Growth 18 Lexicon Select Value Long-Term Growth 19 OVB Capital Appreciation A Long-Term Growth 20 Sierra Tr Growth Fund A Long-Term Growth 21 Norwest Advantage-Large Co Growth Long-Term Growth 22 OVB Capital Appreciation B Long-Term Growth 23 American Performance Aggr Growth Maximum Capital Gain 24 Sierra Tr Growth Fund B Long-Term Growth 25 PNC Fund-Small Cap Gr Eq Inst Small Company Growth 26 PNC Fund-Small Cap Gr Eq Svc Small Company Growth 27 PNC Fund-Small Cap Gr Eq A Small Company Growth 28 Galaxy Small Company Eq Ret Small Company Growth 29 Munder Accelerating Growth Y Long-Term Growth 30 Munder Accelerating Growth K Long-Term Growth 31 Arrow Fds-Equity Portfolio Long-Term Growth 32 First American-Regional Equity C Long-Term Growth 33 First American-Regional Equity A Long-Term Growth 34 Evergreen U.S. Real Estate Eq Y Other 35 First American-Regional Equity B Long-Term Growth 36 CrestFunds, Inc-Capital Apprec Inv Long-Term Growth 37 Ark Fds-Capital Growth Tr Long-Term Growth 38 CrestFunds, Inc-Capital Apprec Tr Long-Term Growth 39 UST Master-Environment Related Long-Term Growth 40 DG Investor Series-Opportunity Small Company Growth 41 Conestoga Special Equity Inst Small Company Growth 42 Conestoga Special Equity Ret Small Company Growth 43 Ark Fds-Capital Growth Inv Long-Term Growth 44 BB&T Small Company Growth Tr Small Company Growth 45 BB&T Small Company Growth Inv Small Company Growth 46 Lexicon Capital Appreciation Eq Long-Term Growth 47 Emerald Small Cap Inst Small Company Growth 48 Paragon Value Equity Income Equity Income 49 Emerald Small Cap A Small Company Growth 50 First American-Diversified Gr C Long-Term Growth 51 Pacific Horizon Aggressive Gr Maximum Capital Gain 52 Emerald Small Cap B Small Company Growth 53 First American-Diversified Gr A Long-Term Growth 54 Emerald Equity Fund A Long-Term Growth 55 Dreyfus Third Century Fund Long-Term Growth 56 1784 Funds-Growth and Income Growth and Current Income 57 Evergreen Global Real Estate Y Other 58 CoreFund Growth Equity A Long-Term Growth 59 Glenmede Equity Fund Equity Income 60 First American-Diversified Gr B Long-Term Growth 61 CoreFund Growth Equity B Long-Term Growth 62 Biltmore Special Values Fund Long-Term Growth 63 Victory Portf-OH Regional Stock Long-Term Growth 64 Peachtree Equity Fund Growth and Current Income 65 Seven Seas SmallCap Fund Small Company Growth 66 Nations Capital Growth Inv A Long-Term Growth 67 Hanover Blue Chip Growth Inv Growth and Current Income 68 Hanover Blue Chip Growth Adv Growth and Current Income 69 Nations Capital Growth Tr A Long-Term Growth 70 Norwest Advantage-Small Co Growth Small Company Growth 71 Vision Growth & Income Fund Growth and Current Income 72 Rembrandt Growth Equity Tr Long-Term Growth 73 Shawmut Small Cap Equity Inv Small Company Growth 74 Shawmut Small Cap Equity Tr Small Company Growth 75 Seven Seas Growth & Income Growth and Current Income

Bank proprietary equity fund avg. (a)

Nonbank equity fund averages

All equity fund averages

S+P 500 Set 3 of 3

TOTAL RETURN THROUGH JUNE 30, 1995 (%)

Fund Assets Second Latest Latest Latest Latest Rank Fund Name 3/31/95 Quarter 6 Months 1 year 3 years* 5 years* 1 First Amer $15.40 22.8 29.38 79.02 2 First Amer 0.3 22.74 29.22 78.79 3 First Amer 0.1 22.59 28.79 4 UST Master 27.3 19.97 -10.1 -8.82 5 Overland E 31.3 17.57 28.37 50.3 6 Overland E 12.8 17.3 27.87 49.15 7 FFB Equity 6.9 16.13 29.83 33.28 11.38 10.92 8 Mariner Tr 23.3 15.34 19.41 34.95 9 OVB Emergi 40.2 14.97 25.24 30.11 10 OVB Emergi 1 14.91 25.06 29.77 11 Vista Smal 7 14.87 27.15 12 Vista Smal 0.4 14.63 13 Qualivest 174.1 14.49 23.34 14 Shelby Fun 64.1 14.29 18.6 15 Qualivest 0.6 14.27 23.07 16 Qualivest 0.1 14.12 22.71 17 UST Master 18.3 13.81 20.81 32.4 18 Lexicon Se 68.8 13.73 22.75 28.96 19 OVB Capita 75.8 13.66 19.18 27.88 20 Sierra Tr 141.1 13.53 20.78 32.33 21 Norwest Ad 53.9 13.48 22.22 22 OVB Capita 0.6 13.46 18.95 27.49 23 American P 24.3 13.41 17.15 31.2 20.24 24 Sierra Tr 3.6 13.34 20.31 25 PNC Fund-S 96.6 13.06 20.07 43.93 26 PNC Fund-S 31.8 12.98 20 43.77 27 PNC Fund-S 3.2 12.93 19.85 43.33 28 Galaxy Sma 32.7 12.87 19.74 34.56 23.25 29 Munder Acc 180.3 12.73 19.9 28.79 15.95 30 Munder Acc 75 12.61 19.81 28.49 31 Arrow Fds- 31 12.54 27.04 29.51 32 First Amer 120.9 12.3 25.11 33.73 33 First Amer 10 12.16 24.9 33.47 34 Evergreen 8.2 12.04 13.02 7.14 35 First Amer 1.1 11.96 24.52 36 CrestFunds 3.5 11.96 19.36 28.1 37 Ark Fds-Ca 39.9 11.87 17.3 17.18 38 CrestFunds 14.2 11.85 19.29 28.35 39 UST Master 4.4 11.76 14.52 15.53 40 DG Investo 38.7 11.69 20.95 41 Conestoga 10 11.62 42 Conestoga 0.5 11.62 16.73 22.42 43 Ark Fds-Ca 0.3 11.58 17 16.64 44 BB&T Small 5.3 11.55 20.4 45 BB&T Small 0.3 11.54 20.39 46 Lexicon Ca 135.9 11.46 20.14 21.51 10.37 47 Emerald Sm 61.5 11.45 15.94 28.96 48 Paragon Va 109.3 11.35 20.46 21.3 13.19 12.54 49 Emerald Sm 1.8 11.35 15.84 28.7 50 First Amer 80 11.25 20.28 51 Pacific Ho 132.6 11.21 20.62 26.06 12.1 11.97 52 Emerald Sm 1.9 11.19 15.38 27.73 53 First Amer 1.8 11.12 20.11 28.04 54 Emerald Eq 18.7 11.09 20.64 21.6 9.46 55 Dreyfus Th 351 11.05 18.53 19.54 9.15 8.81 56 1784 Funds 214.2 11.03 20.49 25.8 57 Evergreen 74 11.01 -1.33 -6.15 13.9 4.9 58 CoreFund G 80.3 10.97 18.39 23.72 9.31 59 Glenmede E 65.5 10.96 20.35 23.71 13.77 11.93 60 First Amer 0.1 10.94 19.72 61 CoreFund G 1.9 10.91 18.27 23.44 62 Biltmore S 18.6 10.87 17.06 20.24 63 Victory Po 34.1 10.83 16.95 19.58 14.82 14.41 64 Peachtree 103.4 10.8 19.71 24.74 65 Seven Seas 5 10.8 21.13 29.66 66 Nations Ca 11.9 10.76 17.75 23.27 67 Hanover Bl 47.2 10.75 18.05 20.13 68 Hanover Bl 0.1 10.75 18.05 69 Nations Ca 758.8 10.71 17.76 23.53 70 Norwest Ad 208.6 10.71 20.14 71 Vision Gro 37.4 10.68 15.85 17.89 72 Rembrandt 81.2 10.59 19.76 21.12 73 Shawmut Sm 20.5 10.59 15.53 21.38 74 Shawmut Sm 103.4 10.58 15.65 21.58 75 Seven Seas 33 10.56 18.15 22.38

Bank propr $96.50 7.81 14.18 17.89 11.63 10.46

Nonbank eq $427.40 7.91 12.64 16.37 12.61 10.7

All equity $356.70 7.91 13.03 16.72 12.44 10.67

S+P 500 9.51 20.2 26.02 13.22 12.06 === Data Source: The data were provided by CDA/Wiesenberger, Rockville, Md., from its mutual funds data base. A proprietary fund is a fund that was formed or founded by a bank and/or over which the bank exercises management discretion. Excluded are private-label funds and all other third-party funds that are sold through banks. (*)- Annualized rate of return. (a)- Average is for 559 bank proprietary funds. American Banker, 1995

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