+++ Includes Fannie Mae (FNMA), Freddie Mac (FHLMC), and private CMOs, inclusive of REMICs, on September 30, 1997, compared with September 30, 1996 (dollars amounts in thousands)

part 1 of 4

Collateralized Mortgage Obligations

Rank Dec-96 9/30/97

1 Wells Fargo Bank NA, San Francisco (m) $4,315,927

2 NationsBank NA, Charlotte (m) 3,645,126

3 Summit Bank, Hackensack, N.J. (m) 3,560,820

4 KeyBank NA, Cleveland (m) 3,377,812

5 PNC Bank NA, Pittsburgh 3,008,498

6 First of America Bank-Michigan NA, Kalamazoo (m) 2,681,233

7 Chase Manhattan Bank NA, New York 2,681,000

8 Mercantile Bank of Plattsburg, Mo. (m) 2,079,967

9 First American National Bank, Nashville, Tenn. (m) 2,043,969

10 Republic National Bank, New York* 1,843,313

11 Old Kent Bank, Grand Rapids, Mich. (m) 1,788,781

12 BankBoston NA (m) 1,785,949

13 European American Bank, New York* 1,564,629

14 AmSouth Bank, Birmingham, Ala. (m) 1,415,972

15 State Street Bank & Trust Co., Boston 1,285,656

16 First Security Bank NA, Ogden, Utah 1,250,139

17 North Fork Bank, Mattituck, N.Y. (m) 1,183,466

18 La Salle National Bank, Chicago (m) 1,169,998

19 First Tennessee Bank NA, Memphis, Tenn. 1,146,957

20 First Bank, St. Paul, Minn. (m) 1,111,328

21 OnBank & Trust Company, Syracuse, N.Y. 1,069,596

22 Morgan Guaranty Trust Co., New York 1,063,552

23 Magna Bank NA, Brentwood, Mo. (m) 1,036,099

24 Chase Manhattan Bank USA NA, Wilmington, Del. (m) 1,032,023

25 Bank of America NT&SA, San Francisco (m) 998,000

26 Compass Bank, Birmingham, Ala. (m) 972,446

27 Compass Bank, Houston 971,745

28 First Union National Bank, Charlotte (m) 956,389

29 Trustmark National Bank, Jackson, Miss. 932,528

30 Bank of Hawaii, Honolulu 905,464

31 SouthTrust Bank NA, Birmingham, Ala. (m) 883,717

32 National City Bank of Pennsylvania, Pittsburgh 843,765

33 Regions Bank, Birmingham, Ala. (m) 810,016

34 Bank of Oklahoma Tulsa NA 796,401

35 Citizens Bank Rhode Island, Providence 795,148

36 Popular Inc., San Juan, Puerto Rico 792,000

37 Barnett Bank NA, Jacksonville, Fla. 768,490

38 National City Bank, Cleveland 742,233

39 Huntington National Bank, Columbus, Ohio (m) 713,040

40 Central Fidelity National Bank, Richmond, Va. 712,981

41 Bank One Texas NA, Dallas (m) 705,885

42 Marshall & Ilsley Bank, Milwaukee 646,182

43 First Union National Bank, Avondale, Pa. 618,381

44 First National Bank of Maryland, Baltimore (m) 615,024

45 Citizens Bank of Massechusetts 614,147

46 Crestar Bank, Richmond, Va. (m) 613,628

47 Deposit Guaranty National Bank, Jackson, Miss. (m) 610,618

48 Wachovia Bk NA, Winston-Salem, N.C. (m) 564,800

49 Star Bank NA, Cincinnati 557,577

50 First Midwest Bank NA, Moline, Ill. (m) 549,848

Totals for the Top 50 Banks (in billions) $66.83

Totals for all Banks (in billions) $116.54

part 2 of 4

Market Value of CMOs

as a % oHeld to Available for sale

Rank Dec-96 9/30/96% Change 9/30/97 9/30/96 9/30/97

1 Wells Fargo$5,849,558 -26.22 100 99.18 0

2 NationsBank 3,880,403 -6.06 100.17 99.85 581,024

3 Summit Bank 2,995,365 18.88 99.61 98.88 1,349,318

4 KeyBank NA, 3,308,015 2.11 100.16 99.89 0

5 PNC Bank NA 3,718,866 -19.1 98.09 96.7 0

6 First of Am 1,928,525 39.03 100.51 99.72 0

7 Chase Manha 4,070,000 -34.13 99.78 99.46 1,780,000

8 Mercantile 2,312,237 -10.05 100.21 100 0

9 First Ameri 1,621,314 26.07 99.83 99.21 567,395

10 Republic Na 1,677,298 9.9 100.68 99.67 0

11 Old Kent Ba 1,364,088 31.13 99.52 99.66 608,333

12 BankBoston 817,682 118.42 99.91 98.89 0

13 European Am 1,940,171 -19.36 101.11 99.83 763,726

14 AmSouth Ban 1,235,151 14.64 100.07 99.99 886,387

15 State Stree 1,167,175 10.15 99.59 98.87 0

16 First Secur 959,123 30.34 100.48 99.52 0

17 North Fork 713,914 65.77 100.58 99.55 625,944

18 La Salle Na 1,521,582 -23.11 101.74 99.26 550,003

19 First Tenne 1,073,878 6.81 100.44 99.51 0

20 First Bank, 1,109,467 0.17 100.11 100 0

21 OnBank & Tr 1,099,994 -2.76 101.47 100.84 940,501

22 Morgan Guar 1,306,917 -18.62 101.7 99.99 0

23 Magna Bank 522,876*** 100.17 98.79 0

24 Chase Manha 339,321*** 100.16 100 0

25 Bank of Ame 591,990 68.58 99.9 99.83 0

26 Compass Ban 1,122,852 -13.39 100.25 99.45 299,568

27 Compass Ban 839,109 15.81 100.54 99.91 346,404

28 First Union 1,017,387 -6 100.73 100.06 396,869

29 Trustmark N 961,219 -2.98 100.5 99.56 899,014

30 Bank of Haw 910,936 -0.6 99.9 98.8 191

31 SouthTrust 976,291 -9.48 100.67 99.14 57,925

32 National Ci 501,486 68.25 100.83 99.39 0

33 Regions Ban 783,724 3.35 99.68 98.18 238,914

34 Bank of Okl 790,781 0.71 99.76 98.2 0

35 Citizens Ba 807,099 -1.48 100.27 98.1 0

36 Popular Inc 591,000 34.01 100.25 99.32 77,000

37 Barnett Ban 1,298,887 -40.83 100.47 99.49 0

38 National Ci 687,057 8.03 100.59 99.19 0

39 Huntington 642,462 10.99 100.18 99.57 0

40 Central Fid 765,645 -6.88 100.22 99.34 0

41 Bank One Te 1,259,832 -43.97 100.96 100.8 0

42 Marshall & 582,076 11.01 101.11 99.57 0

43 First Union 700,638 -11.74 100.45 98.88 0

44 First Natio 499,199 23.2 101.19 100.81 0

45 Citizens Ba 663,758 -7.47 100.32 98.62 0

46 Crestar Ban 1,018,350 -39.74 100.52 100.02 389,708

47 Deposit Gua 135,258*** 99.95 100.66 9,570

48 Wachovia Bk 714,954 -21 101.66 99.66 287,715

49 Star Bank N 470,119 18.6 100.59 100.28 94,719

50 First Midwe 269,373*** 100.75 99.16 0

Totals for $66.13 1.06 100.19 78.03 11.75

Totals for $114.54 1.75 99.63 99.39 28.4

part 3 of 4

CMOs FNMA&FHLMC MBS Pass Throughs

Govt. CMOs FNMA Private CMOs

Rank Dec-96 9/30/97 9/30/97% Change 9/30/97

1 Wells Fargo Ban $4,315,927 $1,722,295 -38.42 2,593,632

2 NationsBank NA, 3,064,102 2,773,917 -28.5 871,209

3 Summit Bank, Ha 2,211,502 2,603,352 56.2 957,468

4 KeyBank NA, Cle 3,377,812 3,306,570 -0.03 71,242

5 PNC Bank NA, Pi 3,008,498 2,781,435 -18.67 227,063

6 First of Americ 2,681,233 2,362,891 41.29 318,342

7 Chase Manhattan 901,000 2,626,000 -33.2 55,000

8 Mercantile Bank 2,079,967 230,487 -90.03 1,849,480

9 First American 1,476,574 1,772,179 32.66 271,790

10 Republic Nation 1,843,313 1,298,244 6.27 545,069

11 Old Kent Bank, 1,180,448 1,429,572 42.23 359,209

12 BankBoston NA ( 1,785,949 1,785,937 132.83 12

13 European Americ 800,903 1,044,922 -17.57 519,707

14 AmSouth Bank, B 529,585 1,168,753 -5.07 247,219

15 State Street Ba 1,285,656 606,004 122.89 679,652

16 First Security 1,250,139 1,185,499 29.24 64,640

17 North Fork Bank 557,522 0*** 1,183,466

18 La Salle Nation 619,995 755,980 -22.97 414,018

19 First Tennessee 1,146,957 1,146,957 6.81 0

20 First Bank, St. 1,111,328 1,064,796 -4.03 46,532

21 OnBank & Trust 129,095 620,516 -4.24 449,080

22 Morgan Guaranty 1,063,552 1,022,786 -21.39 40,766

23 Magna Bank NA, 1,036,099 867,190 155.08 168,909

24 Chase Manhattan 1,032,023 1,032,023*** 0

25 Bank of America 998,000 996,000 68.25 2,000

26 Compass Bank, B 672,878 304,769 -27.64 667,677

27 Compass Bank, H 625,341 623,946 38.72 347,799

28 First Union Nat 559,520 98,993 -90.09 857,396

29 Trustmark Natio 33,514 930,661 -2.98 1,867

30 Bank of Hawaii, 905,273 904,993 -0.18 471

31 SouthTrust Bank 825,792 834,328 -14.17 49,389

32 National City B 843,765 804,555 67.1 39,210

33 Regions Bank, B 571,102 809,592 3.3 424

34 Bank of Oklahom 796,401 793,231 0.65 3,170

35 Citizens Bank R 795,148 594,358 14.01 200,790

36 Popular Inc., S 715,000 624,000 19.31 168,000

37 Barnett Bank NA 768,490 766,868 -40.45 1,622

38 National City B 742,233 355,721 -6.8 386,512

39 Huntington Nati 713,040 689,213 7.28 23,827

40 Central Fidelit 712,981 395,783 -15.47 317,198

41 Bank One Texas 705,885 288,005 -62.77 417,880

42 Marshall & Ilsl 646,182 618,058 12.82 28,124

43 First Union Nat 618,381 158,002*** 460,379

44 First National 615,024 310,997 13.4 304,027

45 Citizens Bank o 614,147 436,007 -6.04 178,140

46 Crestar Bank, R 223,920 489,688 -49.7 123,940

47 Deposit Guarant 601,048 601,048 350.5 9,570

48 Wachovia Bk NA, 277,085 561,267 -21.5 3,533

49 Star Bank NA, C 462,858 462,800 31.71 94,777

50 First Midwest B 549,848 471,853 123.49 77,995

Totals for the $55.08 $50.13 -5.07 $16.70

Totals for all $102.49 $94.78 4.07 $21.76

part 4 of 4

Total Total CMO Investments

Securities as a % of Total Securities

Rank Dec-96 9/30/97 9/30/97 9/30/96

1 Wells Fargo Ban$10,083,784 42.8 46.54

2 NationsBank NA, 29,683,645 12.28 12.65

3 Summit Bank, Ha 5,747,350 61.96 56.69

4 KeyBank NA, Cle 8,368,609 40.36 39.82

5 PNC Bank NA, Pi 5,669,736 53.06 43.77

6 First of Americ 3,895,662 68.83 63.84

7 Chase Manhattan 40,589,000 6.61 9.85

8 Mercantile Bank 2,668,812 77.94 78.81

9 First American 2,252,849 90.73 72.49

10 Republic Nation 21,835,322 8.44 9.25

11 Old Kent Bank, 2,829,511 63.22 43.66

12 BankBoston NA ( 8,426,212 21.2 10.03

13 European Americ 4,900,946 31.93 42.17

14 AmSouth Bank, B 4,480,457 31.6 22.73

15 State Street Ba 10,461,989 12.29 13.43

16 First Security 2,543,373 49.15 44.93

17 North Fork Bank 2,634,327 44.92 20.73

18 La Salle Nation 4,425,643 26.44 43.63

19 First Tennessee 1,769,321 64.82 57.87

20 First Bank, St. 6,844,905 16.24 17.1

21 OnBank & Trust 1,787,751 59.83 60.21

22 Morgan Guaranty 21,067,180 5.05 6.03

23 Magna Bank NA, 1,940,682 53.39 32.83

24 Chase Manhattan 1,069,613 96.49 5.9

25 Bank of America 13,983,000 7.14 4.7

26 Compass Bank, B 1,581,124 61.5 65.86

27 Compass Bank, H 1,402,109 69.31 65.29

28 First Union Nat 14,380,553 6.65 7.72

29 Trustmark Natio 2,000,445 46.62 48.67

30 Bank of Hawaii, 3,360,754 26.94 26.46

31 SouthTrust Bank 5,739,552 15.4 21.49

32 National City B 3,483,448 24.22 13.49

33 Regions Bank, B 2,961,957 27.35 29.19

34 Bank of Oklahom 1,701,687 46.8 50.12

35 Citizens Bank R 1,739,583 45.71 46.25

36 Popular Inc., S 6,201,000 12.77 13.83

37 Barnett Bank NA 4,077,600 18.85 25.64

38 National City B 1,601,292 46.35 44.06

39 Huntington Nati 5,433,823 13.12 24.32

40 Central Fidelit 2,719,239 26.22 24.31

41 Bank One Texas 3,195,543 22.09 24.1

42 Marshall & Ilsl 1,337,297 48.32 45.82

43 First Union Nat 3,962,204 15.61 24.22

44 First National 2,005,768 30.66 22.29

45 Citizens Bank o 1,424,487 43.11 47.27

46 Crestar Bank, R 3,870,770 15.85 389.57

47 Deposit Guarant 1,518,168 40.22 17.34

48 Wachovia Bk NA, 6,934,187 8.15 13.19

49 Star Bank NA, C 1,224,055 45.55 32.93

50 First Midwest B 818,060 67.21 32.05

Totals for the $304.63 21.94 22.18

Totals for all $835.52 13.95 14.33

Source: Sheshunoff Information Services, Inc., Austin, Texas from its database of commercial banks. Sept. 1996 data has been restated by American Banker to reflect mergers and bank subsidiary "roll-ups" into the lead bank(s).Mortgage-Backed Securities are the book value (amortized cost) of bank's holdings of U.S. government and private certificates of participation in pools of residential mortgages, either held to maturity or available for sale. They are "pass-through" securities for which each investor receives a pro rata distribution of principal and interest made by homeowners.Government mortgage-backed securities are issued or granted by the Government National Mortgage Association (GNMA), the Federal National Mortgage Association (FNMA), and the Federal Home Loan Mortgage Corp (FHLMC). Private mortgaged-backed securities are issued by others (such as other depository institutions and insurance companies) that are not guaranteed by the U.S. government. Market value of MBS as % of Book Value is the market value of the mortgage-backed securities expressed as a percentage of book value, types held as assets by the bank. Mortgage pass throughs held to maturity and available for sale reflect the designation mandated as per FASB 115 in accordance with generally accepted accounting principles. (m) - 1996 data has been restated by American Banker to reflect mergers and bank subsidiary "roll-ups" into the lead bank(s). * - Owned by a foreign bank ** A top 100 ranking will be available in Ranking The Banks in June 1998.*** - Not meaningful. American Banker, 1998 ===

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