+++ (Discretionary Trust) Assets for 1998 (Dollar amounts in thousands)

part 1 of 4

Trust

Asset

Rank

1998

1 State Street Corp., Boston

2 Mellon Bank Corp., Pittsburgh

3 Citigroup, New York (1)

4 Bankers Trust Corp., New York (2)

5 J.P. Morgan & Co. Inc., New York

6 Northern Trust Corp., Chicago

7 Bank of America Corp., Charlotte, N.C. (3)

8 Chase Manhattan Corp., New York

9 PNC Bank Corp., Pittsburgh

10 Bank of New York Co. Inc.

11 Wells Fargo & Co., San Francisco (4)

12 First Union Corp., Charlotte, N.C. (5)

13 SunTrust Banks, Inc., Atlanta (6)

14 Banc One Corp., Columbus, Ohio (7)

15 Fidelity Management Trust Co., Boston

16 Capital Guardian Trust Co., Los Angeles

17 Fleet Financial Group, Inc., Boston

18 U.S. Trust Corp., New York

19 U.S. Bancorp, Minneapolis

20 National City Corp., Cleveland (8)

21 KeyCorp, Cleveland

22 Comerica Inc., Detroit

23 Fiduciary Trust Company International, New York

24 Wilmington Trust Corp., Del.

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

26 Firstar Corp., Milwaukee (10)

27 BankBoston Corp.

28 Harris Bankcorp., Inc., Chicago (F)

29 Mercantile Bancorp. Inc., St. Louis, Mo. (11)

30 Bessemer Trust Company, Woodbridge, N.J.

31 First Maryland Bancorp., Baltimore

32 Fifth Third Bancorp., Cincinnati

33 Unionbancal Corp., San Francisco (F)

34 Mercantile Bankshares Corp., Baltimore

35 UMB Financial Corp., Kansas City, Mo.

36 Glenmede Corp., Philadelphia

37 Amsouth Bancorporation, Birmingham, Ala.

38 First Tennessee National Corp., Memphis

39 Commerce Bancshares Inc., Kansas City, Mo.

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

41 Huntington Bancshares Inc., Columbus, Ohio

42 Summit Bancorp, Princeton, N.J.

43 La Salle National Corp., Chicago (F)

44 Pacific Century Financial Corp., Honolulu

45 American Express Trust Co., Minneapolis

46 Regions Financial Corp., Birmingham, Ala. (11)

47 Marshall & Ilsley Corp., Milwaukee

48 First Security Corp., Salt Lake City, Utah

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

50 First American Corp., Nashville, Tenn. (12)

Totals for the Top 50

Totals for the Top 51-100*

Totals for the Top 100

Percent Change for Top 50 from 97-96

Percent Change for Top 50 from 96-95

part 2 of 4

Trust

Asset Percent

Rank Managed Trust Assets change

1998 1998 1997 97-98

1 State Str $494,408,564 $397,553,397 24.36%

2 Mellon Ban 389,228,000 304,461,000 27.84

3 Citigroup, 369,500,000 261,000,000 41.57

4 Bankers Tr 362,449,175 319,377,812 13.49

5 J.P. Morga 305,345,000 251,485,000 21.42

6 Northern T 257,439,735 203,111,792 26.75

7 Bank of Am 233,542,000 211,470,255 10.44

8 Chase Manh 210,407,308 165,752,000 26.94

9 PNC Bank C 174,300,000 147,960,403 17.8

10 Bank of Ne 116,520,000 103,480,000 12.6

11 Wells Farg 114,540,612 114,875,743 -0.29

12 First Unio 112,345,800 106,933,600 5.06

13 SunTrust B 92,644,317 84,781,411 9.27

14 Banc One C 91,364,813 82,186,449 11.17

15 Fidelity M 88,881,516 74,575,767 19.18

16 Capital Gu 84,306,909 69,104,392 22

17 Fleet Fina 84,126,624 76,926,949 9.36

18 U.S. Trust 79,000,000 64,300,000 22.86

19 U.S. Banco 77,214,680 62,194,785 24.15

20 National C 74,303,000 60,600,269 22.61

21 KeyCorp, C 71,978,000 49,405,227 45.69

22 Comerica I 51,649,015 29,885,866 72.82

23 Fiduciary 45,391,718 32,515,955 39.6

24 Wilmington 43,886,751 40,969,717 7.12

25 Wachovia C 42,024,729 34,603,104 21.45

26 Firstar Co 40,987,604 27,543,621 48.81

27 BankBoston 33,214,985 29,080,907 14.22

28 Harris Ban 28,234,143 22,565,928 25.12

29 Mercantile 25,427,000 20,644,638 23.17

30 Bessemer T 20,613,228 13,597,000 51.6

31 First Mary 20,361,655 15,126,770 34.61

32 Fifth Thir 20,052,032 15,202,460 31.9

33 Unionbanca 17,516,251 16,004,662 9.44

34 Mercantile 16,365,557 13,577,174 20.54

35 UMB Financ 14,466,173 12,692,530 13.97

36 Glenmede C 13,473,195 12,284,373 9.68

37 Amsouth Ba 12,534,171 10,065,855 24.52

38 First Tenn 10,832,779 7,551,097 43.46

39 Commerce B 10,730,615 8,767,407 22.39

40 Old Kent F 10,148,852 8,269,939 22.72

41 Huntington 9,965,390 9,464,086 5.3

42 Summit Ban 9,535,710 8,217,334 16.04

43 La Salle N 9,181,000 7,265,185 26.37

44 Pacific Ce 9,173,215 8,242,586 11.29

45 American E 9,706,000 7,300,113 32.96

46 Regions Fi 7,694,416 7,241,541 6.25

47 Marshall & 7,490,205 6,977,106 7.35

48 First Secu 7,126,105 5,777,256 23.35

49 Riggs Nati 6,227,965 5,742,910 8.45

50 First Amer 6,095,242 5,575,426 9.32

Totals for$4,443,951,754$3,654,288,197 21.61%

Totals for 114,118,698 97,106,637 17.52

Totals for4,558,070,452 3,751,394,834 21.5

Percent Change for Top 50 from 97-96 21.57

Percent Change for Top 50 from 96-95 10.27

part 3 of 4

Trust

Asset Change in

Rank rank fro All Fiduciary Trust Assets

1998 1997 1998 1997

1 State Stre - $4,737,891,555 $3,953,865,265

2 Mellon Ban 1 1,591,857,244 1,298,065,000

3 Citigroup, 1,085,875,000 860,000,000

4 Bankers Tr -2 3,086,327,140 2,777,593,706

5 J.P. Morga -1 386,843,000 325,512,000

6 Northern T -1 1,304,702,375 1,108,451,631

7 Bank of Am 1 300,211,669 372,039,819

8 Chase Manh -2 1,016,769,167 1,498,588,000

9 PNC Bank C -2 522,375,000 418,093,474

10 Bank of Ne - 3,059,333,000 2,833,866,000

11 Wells Farg 9 367,319,511 294,501,569

12 First Unio -1 580,044,659 510,601,411

13 SunTrust B 3 139,826,265 114,725,031

14 Banc One C 12 236,742,990 214,049,339

15 Fidelity M -2 442,367,534 324,149,569

16 Capital Gu -1 142,764,346 117,351,888

17 Fleet Fina -5 134,450,268 121,463,471

18 U.S. Trust -1 106,700,000 86,200,000

19 U.S. Banco - 196,849,595 189,182,136

20 National C 3 140,274,000 75,564,371

21 KeyCorp, C - 118,799,000 96,821,008

22 Comerica I 7 139,679,959 112,216,575

23 Fiduciary 4 78,775,902 77,758,704

24 Wilmington 1 126,112,605 117,147,961

25 Wachovia C 3 138,129,673 133,587,214

26 Firstar Co 7 156,384,665 160,057,296

27 BankBoston 3 40,825,016 70,366,950

28 Harris Ban 3 47,619,328 43,459,103

29 Mercantile 3 46,181,000 31,239,578

30 Bessemer T 8 23,425,294 15,567,000

31 First Mary 6 61,570,190 47,363,287

32 Fifth Thir 4 135,990,503 108,462,559

33 Unionbanca 2 89,727,039 84,441,730

34 Mercantile 5 41,289,186 35,894,262

35 UMB Financ 5 133,947,242 122,204,632

36 Glenmede C 5 14,300,151 12,958,591

37 Amsouth Ba 7 31,524,885 30,671,041

38 First Tenn 13 19,042,254 15,869,944

39 Commerce B 8 20,515,400 17,027,789

40 Old Kent F 8 14,437,442 12,421,787

41 Huntington 4 24,545,711 14,531,025

42 Summit Ban 8 18,463,084 15,734,963

43 La Salle N 10 43,249,000 27,823,398

44 Pacific Ce 5 12,987,993 13,646,744

45 American E 7 62,708,000 42,864,818

46 Regions Fi 13 16,528,491 18,648,268

47 Marshall & 7 47,460,290 30,100,261

48 First Secu 7 12,446,154 10,638,936

49 Riggs Nati 7 11,298,351 10,715,332

50 First Amer 20 10,698,274 9,809,498

Totals for the Top$21,318,186,40$19,033,913,934

Totals for the Top 276,693,142 236,039,437

Totals for the Top21,594,879,542 19,269,953,371

Percent Change for Top 50 from 97-96

Percent Change for Top 50 from 96-95

part 4 of 4

Trust

Asset Percent Discretionary assets

Rank change as a % of total

1998 97-98 1998 1997

1 State Stre 19.83% 10.44% 10.05%

2 Mellon Ban 22.63 24.45 23.45

3 Citigroup, 26.26 34.03 30.35

4 Bankers Tr 11.12 11.74 11.5

5 J.P. Morga 18.84 78.93 77.26

6 Northern T 17.7 19.73 18.32

7 Bank of Am -19.31 77.79 56.84

8 Chase Manh -32.15 20.69 11.06

9 PNC Bank C 24.94 33.37 35.39

10 Bank of Ne 7.96 3.81 3.65

11 Wells Farg 24.73 31.18 39.01

12 First Unio 13.6 19.37 20.94

13 SunTrust B 21.88 66.26 73.9

14 Banc One C 10.6 38.59 38.4

15 Fidelity M 36.47 20.09 23.01

16 Capital Gu 21.65 59.05 58.89

17 Fleet Fina 10.69 62.57 63.33

18 U.S. Trust 23.78 74.04 74.59

19 U.S. Banco 4.05 39.23 32.88

20 National C 85.64 52.97 80.2

21 KeyCorp, C 22.7 60.59 51.03

22 Comerica I 24.47 36.98 26.63

23 Fiduciary 1.31 57.62 41.82

24 Wilmington 7.65 34.8 34.97

25 Wachovia C 3.4 30.42 25.9

26 Firstar Co -2.29 26.21 17.21

27 BankBoston -41.98 81.36 41.33

28 Harris Ban 9.57 59.29 51.92

29 Mercantile 47.83 55.06 66.08

30 Bessemer T 50.48 88 87.35

31 First Mary 30 33.07 31.94

32 Fifth Thir 25.38 14.75 14.02

33 Unionbanca 6.26 19.52 18.95

34 Mercantile 15.03 39.64 37.83

35 UMB Financ 9.61 10.8 10.39

36 Glenmede C 10.35 94.22 94.8

37 Amsouth Ba 2.78 39.76 32.82

38 First Tenn 19.99 56.89 47.58

39 Commerce B 20.48 52.31 51.49

40 Old Kent F 16.23 70.3 66.58

41 Huntington 68.92 40.6 65.13

42 Summit Ban 17.34 51.65 52.22

43 La Salle N 55.44 21.23 26.11

44 Pacific Ce -4.83 70.63 60.4

45 American E 46.29 15.48 17.03

46 Regions Fi -11.37 46.55 38.83

47 Marshall & 57.67 15.78 23.18

48 First Secu 16.99 57.26 54.3

49 Riggs Nati 5.44 55.12 53.6

50 First Amer 9.06 56.97 56.84

Totals for 12.00% 20.85% 19.20%

Totals for 17.22 41.24 41.14

Totals for 12.07 21.07 19.47

Percent Ch 27.91

Percent Ch 10.27

Data Source: American Banker survey and the FFIEC annual report on trust assets. Data for 1997 have not been restated for mergers, unless stated. Discretionary (managed) trust assets are assets of fiduciary type accounts (trust and estates and agencies) over which a company is authorized to make or recommend investment decisions or where the company shares investment power. All fiduciary trust assets includes discretionary assets and nondiscretionary (non-managed) trust assets. Excluded are corporate trust accounts and non-fiduciary institutional custody accounts. For bank holding companies data are combined to include all domestic and foreign subsidiaries engaged in trust activity, including the net managed assets of affiliated investment advisors. (1) Citigroup's 1997 data were estimated. (2) Acquired by Deutsche Bank AG on June 3. (3) Reflects the Sept. 30, 1998, merger of NationsBank Corp. and NationsBank's Jan. 8, 1998, acquisition of Barnett Banks Inc. (4) Reflects the Nov. 2, 1998, merger of Norwest Corp. and Wells Fargo & Co (5) Reflects the Apr. 28, 1998, acquisition of CoreStates Corp. (6) Reflects the Dec 31, 1998, acquisition of Crestar Financial Corp. (7) Reflects the Oct 1, 1998, acquisition of First Chicago NBD Corp. and June 12, 1998, acquisition of First Commerce Corp., New Orleans (8) Reflects the Mar. 31, 1998, acquisition of First of America Bank Corp., Kalamazoo, Mich. and the Mar. 30, 1998, acquisition of Fort Wayne National Corp. (9) Reflects the acquisition of Central Fidelity Banks on Dec. 15, 1997. (10) Reflects the Nov. 14, 1998, merger of Firstar Corp. and Star Banc Corp. (11) Reflects the acquisition of First Commercial Corp. on July 1, 1998. (12) Reflects the Apr. 30,1998, acquisition of Deposit Guaranty Corp. of Jackson, Miss. (F) Foreign controlled. nm = not meaningful * Trust Assets 51 to 100 will be available on The American Banker Web Site under "Ranking the Banks". ===

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