+++ Mortgage-backed securities, collateralized mortgage obligations and home mortgage loans involving residential real estate property as Sept. 30, 1997, compared with Sept. 30, 1996 (dollars in thousands)

part 1 of 3

Rank Total Mortgage Investments

Dec-96 9/30/97

1 Chase Manhattan Bank NA, New York $49,753,000

2 NationsBank NA, Charlotte (m) 45,217,598

3 Bank of America NT&SA, San Francisco 40,198,000

4 First Union National Bank, Charlotte (m) 36,213,302

5 Wells Fargo Bank NA, San Francisco (m) 17,773,925

6 PNC Bank NA, Pittsburgh 16,598,060

7 Morgan Guaranty Trust Co., New York 15,574,349

8 Republic National Bank, New York * 15,444,442

9 KeyBank NA, Cleveland (m) 14,500,100

10 Barnett Bank NA, Jacksonville, Fla. 13,006,632

11 Fleet National Bank, Springfield, Ma. 11,948,660

12 First Bank, St. Paul, Minn. (m) 11,876,808

13 Marine Midland Bank, Buffalo, N.Y. (m) 10,293,881

14 First Union National Bank, Avondale, Pa. 9,717,162

15 Summit Bank, Hackensack, N.J. 9,325,958

16 Mellon Bank NA, Pittsburgh 8,954,432

17 Chase Manhattan Bank USA NA, Wilmington, Del. ( 8,212,617

18 SouthTrust Bank NA, Birmingham, Ala. (m) 7,612,199

19 NationsBank of Texas NA, Dallas, Tx. (m) 7,487,357

20 Crestar Bank, Richmond, Va. (m) 7,294,331

21 BankBoston NA (m) 7,026,527

22 AmSouth Bank, Birmingham, Ala. (m) 6,669,943

23 Branch Banking & Trust Co., Winston-Salem, NC ( 6,555,897

24 Mercantile Bank of Plattsburg, Mo. (m) 6,025,860

25 National City Bank of Pennsylvania, Pittsburgh 5,719,064

26 Wachovia Bk NA, Winston-Salem, NC (m) 5,674,320

27 Regions Bank, Birmingham, Ala. (m) 5,427,721

28 European American Bank, New York* 5,407,855

29 Citibank NA, New York 5,386,000

30 Norwest Bank Minnesota NA, Minneapolis (m) 5,200,392

31 First of America Bank-Michigan NA, Kalamazoo (m 4,983,649

32 Old Kent Bank, Grand Rapids, Mich. (m) 4,641,710

33 Texas Commerce Bank NA, Houston 4,623,985

34 Comerica Bank, Detroit, Mich. 4,489,155

35 First Tennessee Bank NA, Memphis, Tenn. 4,266,692

36 Huntington National Bank, Columbus, Ohio (m) 4,244,822

37 Union Bank of California NA, San Francisco* 4,187,365

38 First National Bank of Chicago 3,977,094

39 First American National Bank, Nashville, Tenn. 3,891,645

40 Central Fidelity National Bank, Richmond, Va. 3,819,284

41 Bank One Texas NA, Dallas (m) 3,655,290

42 CoreStates Bank NA, Philadelphia (m) 3,581,612

43 NBD Bank, Detroit 3,514,493

44 First Security Bank NA, Ogden, Utah 3,502,715

45 Popular Inc., San Juan, Puerto Rico 3,351,000

46 North Fork Bank, Mattituck, N.Y. (m) 3,244,257

47 Bank of Hawaii, Honolulu 3,209,228

48 Compass Bank, Birmingham, Ala. (m) 3,192,261

49 Norwest Bank Colorado NA, Denver 3,061,581

50 La Salle National Bank, Chicago 3,020,846

Totals for the Top 50 Banks (in billions) $492.56

Totals for all Banks (in billions) $998.15

part 2 of 3

Rank Mortgage-Backed Securities

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

1 Chase Manhattan Bank NA $49,208,000 1.11 $19,186,000

2 NationsBank NA, Charlot 42,238,297 7.05 14,352,965

3 Bank of America NT&SA, 43,304,180 -7.17 6,376,000

4 First Union National Ba 35,532,677 1.92 8,807,127

5 Wells Fargo Bank NA, Sa 22,074,683 -19.48 3,132,309

6 PNC Bank NA, Pittsburgh 15,674,430 5.89 302,584

7 Morgan Guaranty Trust C 12,528,173 24.31 14,276,417

8 Republic National Bank, 13,170,761 17.26 11,778,583

9 KeyBank NA, Cleveland ( 13,992,748 3.63 3,105,346

10 Barnett Bank NA, Jackso 12,993,595 0.1 946,393

11 Fleet National Bank, Sp 10,379,636 15.12 4,453,508

12 First Bank, St. Paul, M 9,490,664 25.14 3,087,785

13 Marine Midland Bank, Bu 8,990,304 14.5 654,828

14 First Union National Ba 9,182,325 5.82 2,738,664

15 Summit Bank, Hackensack 8,423,501 10.71 1,114,610

16 Mellon Bank NA, Pittsbu 8,539,667 4.86 4,109,742

17 Chase Manhattan Bank US 5,744,849 42.96 0

18 SouthTrust Bank NA, Bir 6,209,888 22.58 1,617,951

19 NationsBank of Texas NA 8,862,440 -15.52 2,997,565

20 Crestar Bank, Richmond, 6,820,035 6.95 2,171,173

21 BankBoston NA (m) 7,688,112 -8.61 1,849,292

22 AmSouth Bank, Birmingha 7,269,257 -8.24 2,199,072

23 Branch Banking & Trust 5,873,629 11.62 1,472,102

24 Mercantile Bank of Plat 5,425,850 11.06 329,281

25 National City Bank of P 5,531,031 3.4 1,215,680

26 Wachovia Bk NA, Winston 6,433,803 -11.8 1,790,089

27 Regions Bank, Birmingha 4,362,002 24.43 338,523

28 European American Bank, 5,137,135 5.27 2,254,213

29 Citibank NA, New York 5,555,000 -3.04 160,000

30 Norwest Bank Minnesota 3,815,013 36.31 403,333

31 First of America Bank-M 4,509,378 10.52 66,223

32 Old Kent Bank, Grand Ra 3,577,350 29.75 217,110

33 Texas Commerce Bank NA, 4,410,130 4.85 3,183,608

34 Comerica Bank, Detroit, 5,057,129 -11.23 2,254,152

35 First Tennessee Bank NA 3,952,378 7.95 248,887

36 Huntington National Ban 4,165,992 1.89 1,374,823

37 Union Bank of Californi 3,856,140 8.59 205,601

38 First National Bank of 3,253,652 22.23 663,366

39 First American National 3,599,434 8.12 108,290

40 Central Fidelity Nation 4,073,767 -6.25 896,877

41 Bank One Texas NA, Dall 4,341,765 -15.81 836,159

42 CoreStates Bank NA, Phi 3,486,628 2.72 163,482

43 NBD Bank, Detroit 3,198,906 9.87 1,086,673

44 First Security Bank NA, 2,782,191 25.9 462,654

45 Popular Inc., San Juan, 3,323,000 0.84 445,000

46 North Fork Bank, Mattit 3,012,313 7.7 1,111,866

47 Bank of Hawaii, Honolul 3,248,680 -1.21 944,942

48 Compass Bank, Birmingha 2,994,048 6.62 278,354

49 Norwest Bank Colorado N 3,417,563 -10.42 2,043,460

50 La Salle National Bank, 3,405,860 -11.3 1,616,710

Totals for the Top 50 B $474.12 3.89 $135.43

Totals for all Banks (i $920.96 8.38 $269.51

Rank Collateralized Mortgage Obligations

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

1 Chase Manhattan$18,227,000 5.26 $2,681,000 $4,070,000

2 NationsBank NA, 13,772,644 4.21 3,645,126 3,880,403

3 Bank of America 5,173,216 23.25 998,000 591,990

4 First Union Nat 8,705,840 1.16 956,389 1,017,387

5 Wells Fargo Ban 4,170,866 -24.9 4,315,927 5,849,558

6 PNC Bank NA, Pi 877,701 -65.53 3,008,498 3,718,866

7 Morgan Guaranty 10,972,665 30.11 1,063,552 1,306,917

8 Republic Nation 10,005,598 17.72 1,843,313 1,677,298

9 KeyBank NA, Cle 3,308,015 -6.13 3,377,812 2,384,223

10 Barnett Bank NA 205,616*** 768,490 1,298,887

11 Fleet National 5,499,688 -19.02 326 481

12 First Bank, St. 2,093,962 47.46 1,111,328 1,109,467

13 Marine Midland 793,087 -17.43 214,639 243,728

14 First Union Nat 1,387,402*** 618,381 700,638

15 Summit Bank, Ha 896,343 24.35 3,560,820 2,995,365

16 Mellon Bank NA, 4,191,332 -1.95 2,771 4,519

17 Chase Manhattan 0*** 1,032,023 339,321

18 SouthTrust Bank 982,803 64.63 883,717 976,291

19 NationsBank of 3,511,769 -14.64 84,703 151,953

20 Crestar Bank, R 2,679,757 -18.98 613,628 1,018,350

21 BankBoston NA ( 808,556*** 1,785,949 817,682

22 AmSouth Bank, B 2,861,805 -23.16 1,415,972 1,235,151

23 Branch Banking 1,449,020 1.59 278,095 126,464

24 Mercantile Bank 361,997 -9.04 2,079,967 2,312,237

25 National City B 1,431,595 -15.08 843,765 501,486

26 Wachovia Bk NA, 2,057,364 -12.99 564,800 714,954

27 Regions Bank, B 401,562 -15.7 810,016 783,724

28 European Americ 1,808,549 24.64 1,564,629 1,940,171

29 Citibank NA, Ne 99,000 61.62 0 0

30 Norwest Bank Mi 623,682 -35.33 28,152 31,075

31 First of Americ 74,800 -11.47 2,681,233 1,928,525

32 Old Kent Bank, 264,977 -18.06 1,788,781 1,364,088

33 Texas Commerce 3,051,963 4.31 272,227 252,404

34 Comerica Bank, 2,543,310 -11.37 350,881 501,531

35 First Tennessee 302,294 -17.67 1,146,957 1,073,878

36 Huntington Nati 1,204,298 14.16 713,040 642,462

37 Union Bank of C 69,038*** 389,346 214,596

38 First National 161,663*** 417,357 0

39 First American 287,440 -62.33 2,043,969 1,621,314

40 Central Fidelit 1,182,356 -24.14 712,981 765,645

41 Bank One Texas 1,147,625 -27.14 705,885 1,259,832

42 CoreStates Bank 161,624 1.15 511,193 651,876

43 NBD Bank, Detro 1,012,670 7.31 57,353 24,933

44 First Security 537,040 -13.85 1,250,139 959,123

45 Popular Inc., S 239,000 86.19 792,000 591,000

46 North Fork Bank 1,347,483 -17.49 1,183,466 713,914

47 Bank of Hawaii, 1,112,586 -15.07 905,464 910,936

48 Compass Bank, B 298,344 -6.7 972,446 1,122,852

49 Norwest Bank Co 2,579,408 -20.78 3,904 5,283

50 La Salle Nation 1,158,624 39.54 1,169,998 1,521,582

Totals for the $128.09 5.73 $58.22 $57.92

Totals for all $246.17 9.48 $116.54 $114.54

Princ. Bal.

of Home Mtge.

Rank Home Mortgage Loans Loans Sold

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

1 Chase Man -34.13$27,886,000 $26,911,000 3.62 $603,000

2 NationsBa -6.06 27,219,507 24,585,250 10.71 555,908

3 Bank of A 68.58 32,824,000 37,538,974 -12.56 385,000

4 First Uni -6 26,449,786 25,809,450 2.48 242,558

5 Wells Far -26.22 10,325,689 12,054,259 -14.34 6,607

6 PNC Bank -19.1 13,286,978 11,077,863 19.94 333,006

7 Morgan Gu -18.62 234,380 248,591 -5.72 0

8 Republic 9.9 1,822,546 1,487,865 22.49 0

9 KeyBank N 41.67 8,016,942 8,300,510 -3.42 27,212

10 Barnett B -40.83 11,291,749 11,489,092 -1.72 117,547

11 Fleet Nat*** 7,494,826 4,879,467 53.6 393,471

12 First Ban 0.17 7,677,695 6,287,235 22.12 55,688

13 Marine Mi -11.94 9,424,414 7,953,489 18.49 130,082

14 First Uni -11.74 6,360,117 7,094,285 -10.35 71,706

15 Summit Ba 18.88 4,650,528 4,531,793 2.62 2,096

16 Mellon Ba -38.68 4,841,919 4,343,816 11.47 117,356

17 Chase Man*** 7,180,594 5,405,528 32.84 109,589

18 SouthTrus -9.48 5,110,531 4,250,794 20.23 14,753

19 NationsBa -44.26 4,405,089 5,198,718 -15.27 275,275

20 Crestar B -39.74 4,509,530 3,121,928 44.45 117,593

21 BankBosto 118.42 3,391,286 6,061,874 -44.06 235,522

22 AmSouth B 14.64 3,054,899 3,172,301 -3.7 0

23 Branch Ba*** 4,805,700 4,298,145 11.81 424,037

24 Mercantil -10.05 3,616,612 2,751,616 31.44 0

25 National 68.25 3,659,619 3,597,950 1.71 0

26 Wachovia -21 3,319,431 3,661,485 -9.34 0

27 Regions B 3.35 4,279,182 3,176,716 34.7 1,893

28 European -19.36 1,589,013 1,388,415 14.45 0

29 Citibank *** 5,226,000 5,456,000 -4.221,685,000

30 Norwest B -9.41 4,768,907 3,160,256 50.9 18,271

31 First of 39.03 2,236,193 2,506,053 -10.77 50,929

32 Old Kent 31.13 2,635,819 1,948,285 35.29 832,391

33 Texas Com 7.85 1,168,150 1,105,763 5.64 0

34 Comerica -30.04 1,884,122 2,012,288 -6.37 2,696

35 First Ten 6.81 2,870,848 2,576,206 11.44 126,461

36 Huntingto 10.99 2,156,959 2,319,232 -7 14,126

37 Union Ban 81.43 3,592,418 3,572,506 0.56 0

38 First Nat*** 2,896,371 3,091,989 -6.33 7,244

39 First Ame 26.07 1,739,386 1,690,680 2.88 0

40 Central F -6.88 2,209,426 2,125,766 3.94 0

41 Bank One -43.97 2,113,246 1,934,308 9.25 0

42 CoreState -21.58 2,906,937 2,673,128 8.75 414,309

43 NBD Bank,*** 2,370,467 2,161,303 9.68 0

44 First Sec 30.34 1,789,922 1,286,028 39.18 449

45 Popular I 34.01 2,114,000 2,493,000 -15.2 0

46 North For 65.77 948,925 950,916 -0.21 3,819

47 Bank of H -0.6 1,358,822 1,225,158 10.91 531,752

48 Compass B -13.39 1,941,461 1,572,852 23.44 0

49 Norwest B -26.1 1,014,217 832,872 21.77 0

50 La Salle -23.11 234,138 725,654 -67.73 0

Totals fo 0.51 $298.91 $288.10 3.75 $7.91

Totals fo 1.75 $612.10 $560.25 9.25 $14.00

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). Total Mortgage Investments are the sum of the bank's holdings of mortgage-backed securities, collateralized mortgage obligations, and 1-4 family residential first mortgage loans. Mortgage-Backed Securities are defined on page 10. Collateralized Mortgage Obligations are defined on page 12. Home Mortgage Loans are secured by 1-4 family residential properties, including second mortgages but excluding home equity lines of credit. Principal balance of home mortgage loans sold are whole mortgage loans sold to an independent third party which qualify as a sale under generally accepted accounting principles. (m) - 1996 data has been restated by American Banker to reflect mergers and bank subsidiary "roll-ups" into lead banks(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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