+++ (Dollar amounts in thousands)

part 1 of 4

Rank

1998

1 Mellon Bank Corp., Pittsburgh

2 J.P. Morgan & Co., New York

3 Chase Manhattan Corp., New York

4 State Street Corp., Boston

5 Bank of New York Co. Inc.

6 Bankers Trust Corp., New York

7 Wells Fargo & Co., San Francisco (1)

8 Bank of America Corp., Charlotte, N.C. (2)

9 Northern Trust Corp., Chicago

10 PNC Bank Corp., Pittsburgh

11 Bank One Corp., Chicago (3)

12 First Union Corp., Charlotte, N.C. (4)

13 Citigroup, New York (5)

14 Fleet Financial Group, Inc., Boston

15 SunTrust Banks, Inc., Atlanta (6)

16 U.S. Bancorp, Minneapolis

17 KeyCorp, Cleveland

18 U.S. Trust Corp., New York

19 BankBoston Corp.

20 National City Corp., Cleveland (7)

21 Firstar Corp., Milwaukee (8)

22 Fidelity Management Trust Co., Boston

23 Wachovia Corp., Winston-Salem, N.C. (9)

24 Comerica Inc., Detroit

25 Harris Bankcorp., Chicago (F)

26 Fiduciary Trust Company International, New York

27 Fifth Third Bancorp., Cincinnati

28 Wilmington Trust Corp., Del.

29 Unionbancal Corp., San Francisco (F)

30 Mercantile Bancorp, St. Louis, Mo.

31 Marshall & Ilsley Corp., Milwaukee

32 La Salle National Corp., Chicago (F)

33 First Maryland Bancorp., Baltimore

34 Amsouth Bancorporation, Birmingham, Ala.

35 Old Kent Financial Corp., Grand Rapids, Mich.

36 UMB Financial Corp., Kansas City, Mo.

37 Mercantile Bankshares Corp., Baltimore

38 Glenmede Corp., Philadelphia

39 Pacific Century Financial Corp., Honolulu

40 Regions Financial Corp., Birmingham, Ala. (10)

41 Commerce Bancshares, Inc., Kansas City, Mo.

42 First Tennessee National Corp., Memphis

43 Huntington Bancshares Inc., Columbus, Ohio

44 HSBC America's, Inc., Buffalo, N.Y. (F)

45 Cullen/Frost Bankers, Inc., San Antonio

46 Riggs National Corp., Washington, D.C.

47 First American Corp., Nashville, Tenn. (11)

48 Summit Bancorp, Princeton, N.J.

49 M&T Bank Corp., Buffalo, N.Y.

50 BB&T Corp., Winston-Salem, N.C.

Totals for the Top 50

Percent Change from 97-96

Percent Change from 96-95

Percent Change from 95-94

part 2 of 3

Percent

Rank Trust Income change

1998 1997 97-98

1 Mellon Ban$1,722,000 $1,311,000 31.35%

2 J.P. Morga 1,629,000 1,439,000 13.2

3 Chase Manh 1,543,000 1,307,000 18.06

4 State Stre 1,504,000 1,252,000 20.13

5 Bank of Ne 1,208,000 971,000 24.41

6 Bankers Tr 1,108,000 1,059,000 4.63

7 Wells Farg 1,068,000 803,700 32.89

8 Bank of Am 973,000 987,000 -1.42

9 Northern T 816,300 689,200 18.44

10 PNC Bank C 808,000 603,000 34

11 Bank One C 807,000 747,831 7.91

12 First Unio 805,803 551,013 46.24

13 Citigroup, 659,568 624,600 5.6

14 Fleet Fina 523,000 418,000 25.12

15 SunTrust B 460,052 393,058 17.04

16 U.S. Banco 413,000 348,000 18.68

17 KeyCorp, C 363,759 266,000 36.75

18 U.S. Trust 339,619 281,691 20.56

19 BankBoston 326,000 283,000 15.19

20 National C 324,488 343,797 -5.62

21 Firstar Co 262,259 231,560 13.26

22 Fidelity M 246,804 231,310 6.7

23 Wachovia C 199,949 175,549 13.9

24 Comerica I 184,354 147,336 25.12

25 Harris Ban 144,334 134,198 7.55

26 Fiduciary 136,694 128,000 6.79

27 Fifth Thir 134,872 90,169 49.58

28 Wilmington 128,801 114,501 12.49

29 Unionbanca 121,226 112,328 7.92

30 Mercantile 112,999 96,055 17.64

31 Marshall & 88,496 78,595 12.6

32 La Salle N 80,029 63,800 25.44

33 First Mary 71,221 45,863 55.29

34 Amsouth Ba 66,473 62,358 6.6

35 Old Kent F 63,351 53,434 18.56

36 UMB Financ 62,643 57,032 9.84

37 Mercantile 58,018 51,547 12.55

38 Glenmede C 57,764 49,534 16.61

39 Pacific Ce 56,133 52,350 7.23

40 Regions Fi 55,218 43,086 28.16

41 Commerce B 51,808 42,667 21.42

42 First Tenn 51,198 40,941 25.05

43 Huntington 50,754 48,102 5.51

44 HSBC Ameri 47,000 43,000 9.3

45 Cullen/Fro 46,863 39,971 17.24

46 Riggs Nati 45,847 37,343 22.77

47 First Amer 43,196 35,000 23.42

48 Summit Ban 42,854 39,953 7.26

49 M&T Bank C 38,211 30,688 24.51

50 BB&T Corp. 36,866 34,220 7.73

Totals for$20,187,824$17,089,380 18.13%

Percent Change from 97-96 15.95

Percent Change from 96-95 11.6

Percent Change from 95-94 10.58

part 3 of 4

Change Total Gross Trust Income as

in rank Operating a % of

Rank from Income operating income

1998 1997 1998 1998

1 Mellon Ban 1 $5,814,000 29.6

2 J.P. Morga -1 18,425,000 8.8

3 Chase Manh - 32,379,000 4.8

4 State Stre - 4,274,000 35.2

5 Bank of Ne 1 5,617,000 21.5

6 Bankers Tr -1 12,048,000 9.2

7 Wells Farg 4 20,482,000 5.2

8 Bank of Am 14 50,777,000 1.9

9 Northern T -2 2,610,600 31.3

10 PNC Bank C - 7,936,000 10.2

11 Bank One C 7 25,595,000 3.2

12 First Unio 2 21,543,000 3.7

13 Citigroup, -4 76,431,000 0.9

14 Fleet Fina -2 10,002,000 5.2

15 SunTrust B 2 7,392,073 6.2

16 U.S. Banco - 7,664,000 5.4

17 KeyCorp, C 4 7,100,000 5.1

18 U.S. Trust 2 564,366 60.2

19 BankBoston - 7,609,000 4.3

20 National C 4 8,071,000 4

21 Firstar Co 6 3,501,636 7.5

22 Fidelity M 1 247,931 99.5

23 Wachovia C 3 5,893,364 3.4

24 Comerica I 4 3,219,922 5.7

25 Harris Ban 5 1,936,170 7.5

26 Fiduciary 5 172,149 79.4

27 Fifth Thir 10 2,654,861 5.1

28 Wilmington 4 640,856 20.1

29 Unionbanca 4 2,618,710 4.6

30 Mercantile 4 2,934,036 3.9

31 Marshall & 8 2,190,377 4

32 La Salle N 9 2,190,728 3.7

33 First Mary 18 1,526,511 4.7

34 Amsouth Ba 8 1,809,167 3.7

35 Old Kent F 10 1,504,330 4.2

36 UMB Financ 7 566,160 11.1

37 Mercantile 11 664,085 8.7

38 Glenmede C 11 67,698 85.3

39 Pacific Ce 8 1,033,312 5.4

40 Regions Fi 23 3,072,483 1.8

41 Commerce B 12 942,508 5.5

42 First Tenn 12 2,119,280 2.4

43 Huntington 7 2,437,564 2.1

44 HSBC Ameri 8 2,777,000 1.7

45 Cullen/Fro 10 566,757 8.3

46 Riggs Nati 11 468,084 9.8

47 First Amer 11 1,864,836 2.3

48 Summit Ban 8 2,525,439 1.7

49 M&T Bank C 13 1,622,389 2.4

50 BB&T Corp. 9 3,009,184 1.2

Totals for the Top$389,111,566 5.2

Percent Change from 97-96

Percent Change from 96-95

Percent Change from 95-94

part 4 of 4

No. of Trust

Rank Subsidiaries

1998 1998

1 Mellon Ban 25

2 J.P. Morga 22

3 Chase Manh 9

4 State Stre 10

5 Bank of Ne 7

6 Bankers Tr 26

7 Wells Farg 28

8 Bank of Am 8

9 Northern T 15

10 PNC Bank C 7

11 Bank One C 12

12 First Unio 8

13 Citigroup, 52

14 Fleet Fina 8

15 SunTrust B 30

16 U.S. Banco 14

17 KeyCorp, C 3

18 U.S. Trust 6

19 BankBoston 8

20 National C 10

21 Firstar Co 8

22 Fidelity M 1

23 Wachovia C 2

24 Comerica I 7

25 Harris Ban 15

26 Fiduciary 3

27 Fifth Thir 9

28 Wilmington 3

29 Unionbanca 2

30 Mercantile 16

31 Marshall & 6

32 La Salle N 0

33 First Mary 2

34 Amsouth Ba 3

35 Old Kent F 1

36 UMB Financ 9

37 Mercantile 4

38 Glenmede C 2

39 Pacific Ce 0

40 Regions Fi 1

41 Commerce B 3

42 First Tenn 5

43 Huntington 1

44 HSBC Ameri 0

45 Cullen/Fro 2

46 Riggs Nati 3

47 First Amer 0

48 Summit Ban 2

49 M&T Bank C 1

50 BB&T Corp. 3

Totals for 422

Percent Change from 97-96

Percent Change from 96-95

Percent Ch

Data Source: American Banker survey, annual reports, and federal regulatory reports of income for banks and holding companies. Data for 1997 have not been restated for mergers, unless stated. Total trust income for bank holding companies is consolidated gross income from services rendered by the trust departments of the bank affiliates and nonbank subsidiaries acting in any fiduciary capacity. Non-operating credits are excluded. Total operating income is gross interest income plus gross noninterest income. Number of subs (for the bank holding companies) is the number of subsidiaries engaged in trust operations and nonbank subsidiaries acting in any fiduciary capacity. Non-operating credits are excluded. (1) Reflects the Nov. 2, 1998, merger of Wells Fargo & Co. and Norwest Corp. (2) Reflects the Sept. 30, 1998, mergers of NationsBank Corp. and BankAmerica Corp. and NationsBank's Jan. 8, 1998, acquisition of Barnett Banks Inc. (3) Reflects the acquisition of First Chicago NBD Corp. and the June 12, 1998, acquisition of First Commerce Corp.(4) Reflects the April 28, 1998, acquisition of CoreStates Financial Corp. (5) American Banker has estimated the trust income for Citigroup based on operating income growth. (6) Reflects the Dec. 31, 1998, acquisition of Crestar Financial Corp. (7) Reflects the Mar. 31, 1998, acquisition of First of America Corp., Kalamazoo, Mich. and Fort Wayne National Corp. on Mar. 30, 1998. (8) Reflects the Nov. 14 1998, merger of Firstar Corp. and StarBanc Corp. (9) Reflects the acquisition of Central Fidelity Banks on Dec. 15, 1997. (10) Reflects the acquisition of First Commercial Corp. on July 1, 1998. (11) American Banker has estimated the 1997 trust income. (F) Foreign controlled ===

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