Top 75 Banks in Total Mortgage Investments

+++ The mortgage-backed security, collaterized mortgage obligations and home mortgage holdings of banks on Sept. 30, 1996, compared with Sept. 30, 1995 (dollars in thousands)

part 1 of 4

Rank Name of Bank, City, State 9/30/96

1 Chase Manhattan Bank NA, New York 49,208,000

2 Bank Of America NT&SA, San Francisco 35,989,000

3 Wells Fargo Bank NA, San Francisco 22,074,683

4 NationsBank NA South, Atlanta 18,665,342

5 PNC Bank NA, Pittsburgh 15,674,430

6 First Union National Bank of Florida, Jacksonv 15,011,395

7 NationsBank of Texas NA, Dallas 13,862,440

8 Republic National Bank of New York 13,170,761

9 Barnett Bank NA, Jacksonville, Fla. 12,993,595

10 Morgan Guaranty Trust Co., New York 12,528,173

11 Fleet National Bank, Springfield, Mass. 10,379,636

12 First Union National Bank, Avondale, Pa. 9,182,325

13 NationsBank, NA, Charlotte, N.C. 8,857,023

14 Mellon Bank NA, Pittsburgh 8,539,667

15 Summit Bank, Hackensack, N.J. 8,283,306

16 First Union National Bank of North Carolina, C 6,302,105

17 Key Bank NA, Cleveland 6,154,024

18 Citibank NA, New York 5,555,000

19 National City Bank of Pennsylvania, Pittsburgh 5,531,031

20 Chase Manhattan Bank USA NA, Jericho, NY 5,404,528

21 Bank One, Texas, NA, Dallas 5,212,236

22 European American Bank, New York* 5,137,135

23 Comerica Bank, Detroit 5,057,129

24 Branch Banking & Trust Co., Winston-Salem, N.C 4,991,870

25 Crestar Bank, Richmond, Va. 4,712,598

26 First Union National Bank of Virginia, Roanoke 4,648,628

27 Texas Commerce Bank, NA, Houston 4,410,130

28 Central Fidelity National Bank, Richmond, Va. 4,073,767

29 First Of America Bank-Michigan, NA, Kalamazoo 4,039,743

30 First Tennessee Bank NA, Memphis 3,952,378

31 First National Bank, Boston 3,877,926

32 First Alabama Bank, Birmingham 3,872,378

33 Union Bank, San Francisco 3,856,140

34 AmSouth Bank of Florida, Tampa 3,844,140

35 Bank Of America Texas, NA, Irving 3,572,896

36 Boatmen's National Bank, St Louis 3,560,222

37 Corestates Bank NA, Philadelphia 3,486,628

38 Key Bank Of New York, Albany 3,451,524

39 First American National Bank, Nashville 3,451,137

40 Norwest Bank Colorado NA, Denver 3,417,563

41 First Union National Bank of Georgia, Atlanta 3,365,863

42 Norwest Bank Minnesota, NA, Minneapolis 3,345,489

43 Wachovia Bank of North Carolina NA, Winston-Sa 3,343,357

44 Banco Popular de Puerto Rico, San Juan 3,323,000

45 Marine Midland Bank, Buffalo* 3,260,764

46 First National Bank of Chicago 3,253,652

47 Bank of Hawaii, Honolulu 3,248,680

48 Fleet Bank NA, Jersey City, N.J. 3,236,265

49 NBD Bank, Detroit 3,198,906

50 Compass Bank, Birmingham, Ala. 2,948,563

51 First USA Bank, Wilmington, Del. 2,945,836

52 Bank Of America Arizona, Phoenix 2,936,313

53 Bank One-Arizona NA, Phoenix 2,898,242

54 Boston Safe Deposit & Trust Co., Boston 2,841,940

55 Star Bank NA, Cincinnati 2,807,028

56 Old Kent Bank, Grand Rapids, Mich. 2,803,216

57 First Security Bank NA, Ogden, Utah 2,782,191

58 First National Bank of Maryland, Baltimore* 2,749,089

59 Northern Trust Co., Chicago 2,693,288

60 Amsouth Bank of Alabama, Birmingham 2,686,267

61 Fifth Third Bank, Cincinnati 2,682,596

62 Hibernia National Bank, New Orleans 2,643,488

63 Fleet Bank of New York, Albany 2,606,985

64 Signet Bank-Virginia, Richmond 2,546,066

65 La Salle National Bank, Chicago* 2,502,095

66 First Bank NA, Minneapolis 2,378,747

67 SouthTrust Bank of Alabama, NA, Birmingham 2,316,367

68 Seattle-First National Bank 2,268,000

69 PNC Mortgage Bank NA, Pittsburgh 2,233,922

70 First Of America Bank-Illinois, NA, Bannockbur 2,233,873

71 Norwest Bank Wyoming NA, Casper 2,193,953

72 Norwest Bank Arizona NA, Phoenix 2,134,848

73 Sanwa Bank California, San Francisco* 2,109,397

74 Onbank & Trust Co., Syracuse, N.Y. 2,076,357

part 2 of 4

Total Mortgage Investments Mortgage- Backed Securities

Rank Name of Bank, Cit 9/30/95 % Chg. 9/30/96 9/30/95

1 Chase Manhattan B 31,531,000 56.06 18,227,000 15,272,000

2 Bank Of America N 34,949,000 2.98 3,602,000 2,922,000

3 Wells Fargo Bank 12,940,043 70.59 4,170,866 2,426,756

4 NationsBank NA So 620,742 *** 3,391,416 0

5 PNC Bank NA, Pitt 2,253,086 595.69 877,701 793,863

6 First Union Natio 14,597,737 2.83 2,954,557 1,896,804

7 NationsBank of Te 16,564,587 -16.31 3,511,769 179,228

8 Republic National 5,439,066 142.15 10,005,598 4,299,300

9 Barnett Bank NA, 491,742 *** 205,616 2,690

10 Morgan Guaranty T 15,063,936 -16.83 10,972,665 13,383,823

11 Fleet National Ba 5,036,615 106.08 5,499,688 1,536,673

12 First Union Natio 11,467,313 -19.93 1,387,402 1,354,366

13 NationsBank, NA, 7,929,369 11.7 353,072 12,075

14 Mellon Bank NA, P 8,447,466 1.09 4,191,332 3,562,994

15 Summit Bank, Hack 4,875,765 69.89 891,442 518,161

16 First Union Natio 5,930,304 6.27 472,012 488,146

17 Key Bank NA, Clev 5,718,884 7.61 1,906,053 1,926,233

18 Citibank NA, New 5,926,000 -6.26 99,000 79,000

19 National City Ban 6,211,629 -10.96 1,431,595 2,188,544

20 Chase Manhattan B 2,911,621 85.62 0 431

21 Bank One, Texas, 6,047,776 -13.82 1,605,277 1,214,897

22 European American 4,517,899 13.71 1,808,549 1,805,531

23 Comerica Bank, De 7,342,700 -31.13 2,543,310 3,065,303

24 Branch Banking & 4,638,552 7.62 1,435,233 419,794

25 Crestar Bank, Ric 3,613,960 30.4 1,898,346 1,047,600

26 First Union Natio 3,398,754 36.77 2,101,237 1,354,848

27 Texas Commerce Ba 4,238,395 4.05 3,051,963 2,880,847

28 Central Fidelity 4,541,455 -10.3 1,182,356 1,491,577

29 First Of America 4,714,933 -14.32 74,769 48,092

30 First Tennessee B 4,100,006 -3.6 302,294 281,288

31 First National Ba 4,173,543 -7.08 808,556 414,272

32 First Alabama Ban 3,216,322 20.4 364,271 321,734

33 Union Bank, San F 733,323 425.84 69,038 979

34 AmSouth Bank of F 3,579,430 7.4 1,466,757 1,086,204

35 Bank Of America T 4,317,520 -17.25 1,525,712 1,905,816

36 Boatmen's Nationa 3,556,972 0.09 975,870 1,055,338

37 Corestates Bank N 1,582,011 120.39 161,624 61,606

38 Key Bank Of New Y 5,161,954 -33.14 625,526 766,917

39 First American Na 2,864,723 20.47 279,272 113,952

40 Norwest Bank Colo 3,182,787 7.38 2,579,408 2,421,059

41 First Union Natio 2,857,296 17.8 953,592 239,342

42 Norwest Bank Minn 6,484,761 -48.41 623,682 1,501,649

43 Wachovia Bank of 2,703,597 23.66 1,441,116 992,553

44 Banco Popular de 2,893,000 14.86 239,000 167,000

45 Marine Midland Ba 2,685,763 21.41 138,377 0

46 First National Ba 1,512,334 115.14 161,663 2,697

47 Bank of Hawaii, H 2,880,521 12.78 1,112,586 1,021,223

48 Fleet Bank NA, Je 4,657,219 -30.51 0 35,987

49 NBD Bank, Detroit 7,218,209 -55.68 1,012,670 4,871,866

50 Compass Bank, Bir 2,555,660 15.37 296,041 366,610

51 First USA Bank, W 2,386,704 23.43 2,924,107 2,273,915

52 Bank Of America A 3,213,067 -8.61 949,917 1,243,765

53 Bank One-Arizona 2,655,935 9.12 894,859 241,524

54 Boston Safe Depos 3,036,043 -6.39 12,510 15,829

55 Star Bank NA, Cin 2,892,189 -2.94 849,951 929,305

56 Old Kent Bank, Gr 2,725,619 2.85 192,130 387,201

57 First Security Ba 1,779,462 56.35 537,040 205,557

58 First National Ba 2,399,176 14.58 1,076,238 1,097,579

59 Northern Trust Co 1,944,306 38.52 0 0

60 Amsouth Bank of A 2,660,239 0.98 1,110,054 1,041,456

61 Fifth Third Bank, 2,142,438 25.21 1,316,607 934,135

62 Hibernia National 2,562,397 3.16 1,236,619 1,496,328

63 Fleet Bank of New 2,234,498 16.67 1,556,740 1,207,900

64 Signet Bank-Virgi 1,052,874 141.82 1,997,194 767,381

65 La Salle National 2,499,995 0.08 854,566 968,168

66 First Bank NA, Mi 2,735,077 -13.03 687,160 322,345

67 SouthTrust Bank o 2,064,005 12.23 466,089 272,568

68 Seattle-First Nat 2,196,000 3.28 23,000 32,000

69 PNC Mortgage Bank 2,272,032 -1.68 25,188 85,159

70 First Of America 2,584,243 -13.56 78,762 100,036

71 Norwest Bank Wyom 2,308,121 -4.95 9,168 478,589

72 Norwest Bank Ariz 6,484 *** 1,462,169 1,192

73 Sanwa Bank Califo 1,994,131 5.78 121,466 10,064

74 Onbank & Trust Co 2,844,569 -27.01 436,701 917,701

part 3 of 4

Collateralized Mortgage Obligations

Rank Name of Bank, Cit % Chg. 9/30/96 9/30/95 % Chg.

1 Chase Manhattan B 19.35 4,070,000 3,531,000 15.26

2 Bank Of America N 23.27 247,000 261,000 -5.36

3 Wells Fargo Bank 71.87 5,849,558 5,233,413 11.77

4 NationsBank NA So *** 1,220,638 2,858 ***

5 PNC Bank NA, Pitt 10.56 3,718,866 1,642 ***

6 First Union Natio 55.77 556,191 1,520,485 -63.42

7 NationsBank of Te *** 151,953 174,269 -12.81

8 Republic National 132.73 1,677,298 1,136,958 47.53

9 Barnett Bank NA, *** 1,298,887 7,845 ***

10 Morgan Guaranty T -18.02 1,306,917 1,674,099 -21.93

11 Fleet National Ba 257.9 481 418,130 ***

12 First Union Natio 2.44 700,638 2,636,060 -73.42

13 NationsBank, NA, *** 1,325,769 1,791,309 -25.99

14 Mellon Bank NA, P 17.64 4,519 8,210 -44.96

15 Summit Bank, Hack 72.04 2,983,863 2,099,309 42.14

16 First Union Natio -3.31 18,944 80,684 -76.52

17 Key Bank NA, Clev -1.05 1,103,369 839,474 31.44

18 Citibank NA, New 25.32 0 1,000 ***

19 National City Ban -34.59 501,486 759,902 -34.01

20 Chase Manhattan B *** 0 0 ***

21 Bank One, Texas, 32.13 1,672,651 2,430,686 -31.19

22 European American 0.17 1,940,171 1,753,909 10.62

23 Comerica Bank, De -17.03 501,531 1,829,236 -72.58

24 Branch Banking & 241.89 104,700 15,384 580.58

25 Crestar Bank, Ric 81.21 224,511 260,661 -13.87

26 First Union Natio 55.09 45,499 223,065 -79.6

27 Texas Commerce Ba 5.94 252,404 480,801 -47.5

28 Central Fidelity -20.73 765,645 987,065 -22.43

29 First Of America 55.47 1,752,300 2,210,724 -20.74

30 First Tennessee B 7.47 1,073,878 1,305,157 -17.72

31 First National Ba 95.18 774,020 719,048 7.65

32 First Alabama Ban 13.22 751,045 589,231 27.46

33 Union Bank, San F *** 214,596 226,600 -5.3

34 AmSouth Bank of F 35.04 666,947 63,328 953.16

35 Bank Of America T -19.94 647,390 767,289 -15.63

36 Boatmen's Nationa -7.53 1,578,795 1,387,819 13.76

37 Corestates Bank N 162.35 651,876 392,137 66.24

38 Key Bank Of New Y -18.44 588,534 1,283,181 -54.13

39 First American Na 145.08 1,619,320 1,552,360 4.31

40 Norwest Bank Colo 6.54 5,283 38,241 -86.18

41 First Union Natio 298.42 0 0 ***

42 Norwest Bank Minn -58.47 31,075 52,054 -40.3

43 Wachovia Bank of 45.19 238,144 104,435 128.03

44 Banco Popular de 43.11 591,000 561,000 5.35

45 Marine Midland Ba *** 243,728 478,966 -49.11

46 First National Ba *** 0 0 ***

47 Bank of Hawaii, H 8.95 910,936 563,695 61.6

48 Fleet Bank NA, Je *** 0 252,376 ***

49 NBD Bank, Detroit -79.21 24,933 230,649 -89.19

50 Compass Bank, Bir -19.25 1,121,776 712,223 57.5

51 First USA Bank, W 28.59 21,729 112,789 -80.73

52 Bank Of America A -23.63 300,412 428,599 -29.91

53 Bank One-Arizona 270.51 577,260 757,675 -23.81

54 Boston Safe Depos -20.97 30,798 40,806 -24.53

55 Star Bank NA, Cin -8.54 470,119 640,425 -26.59

56 Old Kent Bank, Gr -50.38 999,251 929,979 7.45

57 First Security Ba 161.26 959,123 626,116 53.19

58 First National Ba -1.94 498,899 478,701 4.22

59 Northern Trust Co *** 365,742 432,537 -15.44

60 Amsouth Bank of A 6.59 518,926 151,554 242.4

61 Fifth Third Bank, 40.94 574,492 396,342 44.95

62 Hibernia National -17.36 71,383 69,931 2.08

63 Fleet Bank of New 28.88 110 163 -32.52

64 Signet Bank-Virgi 160.26 25,275 300 ***

65 La Salle National -11.73 1,372,530 1,348,693 1.77

66 First Bank NA, Mi 113.18 104,325 105,187 -0.82

67 SouthTrust Bank o 71 572,314 588,272 -2.71

68 Seattle-First Nat -28.13 0 0 ***

69 PNC Mortgage Bank -70.42 25,383 0 ***

70 First Of America -21.27 683,881 764,106 -10.5

71 Norwest Bank Wyom -98.08 0 47,372 ***

72 Norwest Bank Ariz *** 21,455 0 ***

73 Sanwa Bank Califo *** 110,090 277,511 -60.33

74 Onbank & Trust Co -52.41 1,099,994 1,390,308 -20.88

Total Mtge. Invest.

Home Mortgage loanas % of Total Assets

Rank Name of Bank, Cit 9/30/96 9/30/95 9/30/96 9/30/95

1 Chase Manhattan B26,911,000 12,728,000 18.79 20.59

2 Bank Of America N32,140,000 31,766,000 20.54 21.87

3 Wells Fargo Bank 12,054,259 5,279,874 22.16 26.62

4 NationsBank NA So14,053,288 617,884 37.73 3.96

5 PNC Bank NA, Pitt11,077,863 1,457,581 29.27 16.67

6 First Union Natio11,500,647 11,180,448 39.87 40.56

7 NationsBank of Te10,198,718 16,211,090 33.26 35.63

8 Republic National 1,487,865 2,808 28.95 16.76

9 Barnett Bank NA, 11,489,092 481,207 32.9 15.6

10 Morgan Guaranty T 248,591 6,014 7.32 10.35

11 Fleet National Ba 4,879,467 3,081,812 21.01 28.45

12 First Union Natio 7,094,285 7,476,887 33.95 35.1

13 NationsBank, NA, 7,178,182 6,125,985 12.61 10.29

14 Mellon Bank NA, P 4,343,816 4,876,262 22.11 23.41

15 Summit Bank, Hack 4,408,001 2,258,295 42.38 38.07

16 First Union Natio 5,811,149 5,361,474 19.6 23.16

17 Key Bank NA, Clev 3,144,602 2,953,177 22.96 24.33

18 Citibank NA, New 5,456,000 5,846,000 2.4 2.72

19 National City Ban 3,597,950 3,263,183 41.42 43.74

20 Chase Manhattan B 5,404,528 2,911,190 58.46 67.06

21 Bank One, Texas, 1,934,308 2,402,193 24.42 33.06

22 European American 1,388,415 958,459 55.3 56.68

23 Comerica Bank, De 2,012,288 2,448,161 18.41 25.66

24 Branch Banking & 3,451,937 4,203,374 30.33 28.57

25 Crestar Bank, Ric 2,589,741 2,305,699 33.19 28.21

26 First Union Natio 2,501,892 1,820,841 42.76 38.47

27 Texas Commerce Ba 1,105,763 876,747 20.22 21.57

28 Central Fidelity 2,125,766 2,062,813 38.97 42.48

29 First Of America 2,212,674 2,456,117 31.17 35.22

30 First Tennessee B 2,576,206 2,513,561 33.43 37.31

31 First National Ba 2,295,350 3,040,223 8.76 10.76

32 First Alabama Ban 2,757,062 2,305,357 33.51 30.93

33 Union Bank, San F 3,572,506 505,744 13.44 9.31

34 AmSouth Bank of F 1,710,436 2,429,898 50.89 54.67

35 Bank Of America T 1,399,794 1,644,415 52.02 58.15

36 Boatmen's Nationa 1,005,557 1,113,815 30.87 32.09

37 Corestates Bank N 2,673,128 1,128,268 10.19 7.54

38 Key Bank Of New Y 2,237,464 3,111,856 22.87 33.1

39 First American Na 1,552,545 1,198,411 36.83 34.88

40 Norwest Bank Colo 832,872 723,487 46.09 49.96

41 First Union Natio 2,412,271 2,617,954 26.38 25.43

42 Norwest Bank Minn 2,690,732 4,931,058 19.61 34.14

43 Wachovia Bank of 1,664,097 1,606,609 12.16 10.7

44 Banco Popular de 2,493,000 2,165,000 24.4 23.2

45 Marine Midland Ba 2,878,659 2,206,797 14.83 13.8

46 First National Ba 3,091,989 1,509,637 6.51 2.99

47 Bank of Hawaii, H 1,225,158 1,295,603 26.51 25.68

48 Fleet Bank NA, Je 3,236,265 4,368,856 13.88 15.63

49 NBD Bank, Detroit 2,161,303 2,115,694 13.48 23.74

50 Compass Bank, Bir 1,530,746 1,476,827 48.02 41.93

51 First USA Bank, W 0 0 37.84 36.25

52 Bank Of America A 1,685,984 1,540,703 33.12 37.59

53 Bank One-Arizona 1,426,123 1,656,736 21 20.83

54 Boston Safe Depos 2,798,632 2,979,408 58.2 57.02

55 Star Bank NA, Cin 1,486,958 1,322,459 28.92 33.87

56 Old Kent Bank, Gr 1,611,835 1,408,439 27.11 28.52

57 First Security Ba 1,286,028 947,789 25.5 29

58 First National Ba 1,173,952 822,896 31.3 30.33

59 Northern Trust Co 2,327,546 1,511,769 14.81 12.41

60 Amsouth Bank of A 1,057,287 1,467,229 26.87 28.78

61 Fifth Third Bank, 791,497 811,961 28.89 23.53

62 Hibernia National 1,335,486 996,138 31.44 36.74

63 Fleet Bank of New 1,050,135 1,026,435 21.48 15.45

64 Signet Bank-Virgi 523,597 285,193 22.24 15.27

65 La Salle National 274,999 183,134 20.08 23.3

66 First Bank NA, Mi 1,587,262 2,307,545 13.84 17.59

67 SouthTrust Bank o 1,277,964 1,203,165 18.23 18.87

68 Seattle-First Nat 2,245,000 2,164,000 12.93 13.26

69 PNC Mortgage Bank 2,183,351 2,186,873 67.96 72.54

70 First Of America 1,471,230 1,720,101 33.21 35.38

71 Norwest Bank Wyom 2,184,785 1,782,160 76.36 75.08

72 Norwest Bank Ariz 651,224 5,292 59.61 16.95

73 Sanwa Bank Califo 1,877,841 1,706,556 26.6 25.99

74 Onbank & Trust Co 539,662 536,560 59.9 66.21 ===

Source of Data: Sheshunoff Information Services, Inc., Austin, Texas, from its data base of commercial banks. Sheshunoff restates the 9/30/95 data for subsequent bank mergers on pooling of interest basis. Total Mortgage Investments are the sum of the bank's holdings of mortgage-backed securities, collateralized mortgage obligations, and home mortgages. Mortgage-Backed Securities are defined on page 11. Collateralized Mortgage Obligations are defined on page 12. Home mortgages are loans secured by 1-4 family residential properties, including second mortgages but excluding home equity lines of credit. Total Mtge Invst. as % of Total Assets is total mortgage investments as a percentage of total end-of-period assets. One star (*) is more then 50% owned by foreign banks. (1) Totals calculated by Sheshunoff Information Services Inc. Three Stars (***) not meaningful.

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