FirstMerit (FMER) 8-K 2006 Financial Information Third Quarter

Exhibit 99.1

2006 Financial Information Third Quarter

Table of Contents

Earnings Release	Pages 1-4
Consolidated Financial Highlights	Page 5
Consolidated Balance Sheets	Page 6
Average Consolidated Balance Sheets	Page 7
Average Consolidated Balance Sheets	Page 8
(Fully-tax Equivalent Interest Rates and Interest Differential)
Consolidated Statements of Income and Comprehensive Income	Page 9
Consolidated Statements of Income and Comprehensive Income	Page 10
(Linked Quarters)
Asset Quality Information	Page 11
Noninterest Income and Noninterest Expense Detail	Page 12
Allowance for Loan Losses – Net Charge-off Detail	Page 13

FirstMerit Corporation

III Cascade Plaza

Akron, Ohio 44308

Investor Relations

Tom O’Malley

p.330-384-7109

For Release October 19, 2006, 7:30 a.m. EST

   Analysts: Tom O’Malley
   (330) 384-7109

FirstMerit Reports Third Quarter
2006 Earnings of $0.39 Per Share

Third Quarter Highlights

• Diluted earnings per share of $0.39

• Net income of $31.2 million

• Return on average common equity of 13.93%

• Return on average assets of 1.22%

AKRON, Ohio, — October 19, 2006 —FirstMerit Corporation (Nasdaq: FMER) today announced third quarter 2006 net income of $31.2 million, or $0.39 per diluted share. This compares with $36.6 million, or $0.44 per diluted share, for the third quarter 2005. Returns on average common equity (“ROE”) and average assets (“ROA”) for the third quarter 2006 were 13.93% and 1.22%, respectively, compared with 14.90% and 1.41% for the third quarter 2005.

For the first nine months of 2006, the Company reported net income of $88.8 million, or $1.11 per diluted share, compared with $102.8 million, or $1.22 per diluted share, for the first nine months of 2005.

Paul G. Greig, President and Chief Executive Officer, said, “Our key priority is to improve the performance of FirstMerit’s franchise. We have revitalized our sales process and have focused on growing commercial and small business revenue by building new client relationships and deepening existing relationships. In the third quarter we produced meaningful balance sheet growth, highlighted by a two percent increase in commercial loans over the second quarter of 2006.

“Our overall results this quarter were affected by deterioration in credit quality; this is not acceptable. We remain committed to restoring credit quality and have taken action this quarter to address deterioration in our commercial loan portfolio.

“FirstMerit has a strong and well-established super community banking model with solid deposit market share and an excellent reputation for service. We have already achieved success in leveraging that model and will continue to do so to generate attractive returns for our shareholders.”

1

Total revenue, defined as net interest income on a fully tax-equivalent (“FTE”) basis plus noninterest income net of securities transactions, totaled $135.2 million for the third quarter 2006, compared with $136.2 million reported in the third quarter 2005. FTE net interest income was $85.9 million for the third quarter 2006, a decline of $2.5 million, or 2.83%, compared with the year-ago quarter. During the third quarter 2006 the net interest margin contracted 2 basis points to 3.68%, compared with the third quarter 2005 net interest margin of 3.70%.

The net interest margin in the third quarter 2006 contracted 10 basis points, to 3.68%, compared with the second quarter 2006, pressured by shifting customer preference for higher yielding core deposit products as well as reversals in non-accrual interest that reduced the net interest margin by two basis points. The average loan portfolio increased $114.1 million, or 1.69%, compared with the prior quarter and $198.5 million, or 2.99%, compared with the third quarter 2005. During the third quarter 2006 average commercial loan growth of $71.9 million, or 2.00%, and average installment loan growth of $66.8 million, or 4.38%, were the main drivers of portfolio growth over the prior quarter, while average commercial loan growth of $233.8 million, or 6.79%, drove the increase in year-over-year quarterly loan balances.

Average deposits were $7.36 billion during the 2006 third quarter, up $110.3 million, or 1.52%, from the same period last year. Average certificates of deposit (“CDs”) increased $290.8 million or 11.11%, compared to the prior year quarter, as part of a mix shift in liability funding largely due to customer preferences for higher yielding deposit accounts. With this shift in customer preference, average demand deposit account and average money market account balances declined a respective $93.5 million, or 4.07%, and $86.9 million, or 3.73%, compared with the third quarter 2005. Average investment securities decreased $404.2 million, or 14.62%, in the third quarter 2006 compared with the third quarter 2005. Cash flow from the maturing investment portfolio funded loan growth and was used to pay down wholesale borrowings, stabilizing the balance sheet during a period of eight target rate increases to federal funds by the Federal Open Market Committee. Average wholesale borrowings and securities sold under agreements to repurchase decreased $195.5 million, or 10.18%, in the third quarter 2006, compared with the third quarter 2005.

Noninterest income excluding securities transactions totaled $49.3 million for the third quarter 2006, compared with $47.8 million for the third quarter 2005, an increase of $1.5 million, or 3.12%. The primary drivers of this increase were in credit card fees, up $0.8 million, or 7.80%, and service charges on deposits, up $0.7 million, or 3.71%, due in part to new fee strategies. Investment services and insurance fees increased $0.4 million, or 18.19%, and trust department income increased $0.2 million, or 3.74%, offsetting a $0.3 million, or 16.62%, decline in loan sales and servicing income. Other income, net of securities gains, as a percentage of net revenue for the third quarter was 36.50% compared with 35.11% for the same quarter one year ago. Net revenue is defined as net interest income, on a FTE basis, plus other income, less gains from securities sales.

2

Other (non-interest) expenses totaled $77.0 million for the third quarter 2006 compared with $78.9 million for the third quarter 2005, a decrease of $1.9 million, or 2.46%. For the three months ended September 30, 2006, increases in operating costs compared to the third quarter 2005 occurred as follows: salaries,wages, pension and employee benefits rose $1.1 million, or 2.61%, primarily due to a $0.9 million increase in share-based compensation expense, as well as $0.7 million additional expense associated with organizational restructurings offset by a $0.5 million reduction in incentive compensation; bankcard, loan processing and other costs increased $1.7 million primarily attributable to volume increases in loans outstanding and higher credit card activity; professional services increased $2.8 million due in part to the one time buy-out of a consulting contract at a discounted rate as part of the Company’s expense reduction initiative; other operating expense decreased $8.0 million primarily attributable to $9.5 million of settlements of non-income tax examinations; offset by the funding of $3.0 million to a charitable trust with the formation of FirstMerit Foundation. The efficiency ratio for the third quarter 2006 was 56.78%, compared with 57.81% for the third quarter 2005.

Net charge-offs totaled $11.6 million in the third quarter 2006, compared with $10.0 million for the third quarter 2005, or 0.67% and 0.60% of average loans, respectively. Compared with the second quarter 2006, net charge-offs improved by $1.4 million, from 0.78%. As of September 30, 2006, nonperforming assets were $72.5 million, or 1.05%, of period-end loans plus other real estate, compared with $72.3 million, or 1.08%, at September 30, 2005. Nonperforming assets increased $13.7 million from June 30, 2006. Included in the nonperforming portfolio was a $7.1 million loan which was placed on nonaccrual during the quarter and reclassified as held for sale. This loan is expected to be sold in the fourth quarter 2006.

The Company recorded $12.6 million of loan loss provision in the third quarter 2006, compared with loan loss provision of $10.0 million in the third quarter 2005.

At September 30, 2006, the allowance for loan losses was 1.28% of period end loans, compared with 1.36% at December 31, 2005 and 1.39% at September 30, 2005. The allowance for credit losses is the sum of the allowance for loan losses and the reserve for unfunded lending commitments. For comparative purposes the allowance for credit losses was 1.37% at September 30, 2006, compared with 1.45% at December 31, 2005 and 1.48% at September 30, 2005.

Assets at September 30, 2006, totaled $10.2 billion, down 0.70% from $10.3 billion at September 30, 2005. Period-end loan growth of $222.1 million, or 3.32%, was driven by growth in the commercial lending portfolio which increased $230.5 million, or 6.58%. Deposits totaled $7.4 billion at September 30, 2006, an increase of $37.6 million, or 0.51% from September 30, 2005. Growth in CDs, up $276.8 million, or 10.28%, offset declines in all other core deposit account balances over that time period.

Shareholders’ equity was $903.4 million at September 30, 2006. The Company’s capital position remains strong as tangible equity to assets was 7.55% at quarter-end. The common dividend per share paid in the third quarter 2006 was $0.29, a $0.01 increase from the third quarter 2005.

3

Third Quarter 2006

Conference Call:FirstMerit Corporation will host a conference call today, October 19, 2006, at 2P.M. EST.

To participate in the conference, please dial(877) 493-9121ten minutes before start time and provide the reservation number7990863.

The third quarter 2006 earnings release will be available at approximately 7:30 a.m. on the Internet at www.firstmerit.com under the Investor Relations portion of the Web site. Any material non-public information will be posted on the Web site immediately after the conference call ends.

FirstMerit Corporation is a diversified financial services company headquartered in Akron, Ohio, with assets of $10.2 billion as of September 30, 2006 and 162 banking offices in 24 Ohio and Western Pennsylvania counties. FirstMerit provides a complete range of banking and other financial services to consumers and businesses through its core operations. Principal wholly-owned subsidiaries include: FirstMerit Bank, N.A., FirstMerit Mortgage Corporation, FirstMerit Title Agency, Ltd., FirstMerit Credit Life Insurance Company, and FirstMerit Community Development Corporation.

Forward-Looking Statement

This release contains forward-looking statements relating to present or future trends or factors affecting the banking industry, and specifically the financial condition and results of operations, including without limitation, statements relating to the earnings outlook of the Company, as well as its operations, markets and products. Actual results could differ materially from those indicated. Among the important factors that could cause results to differ materially are interest rate changes, continued softening in the economy, which could materially impact credit quality trends and the ability to generate loans, changes in the mix of the Company’s business, competitive pressures, changes in accounting, tax or regulatory practices or requirements and those risk factors detailed in the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission. The Company undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this release.

4

FIRSTMERIT CORPORATION AND SUBSIDIARIES
Consolidated Financial Highlights
(Unaudited)
(Dollars in thousands)

	Quarters
	2006			2006			2006			2005			2005
EARNINGS	3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr
Net interest income FTE (a)	$	85,850			86,377			86,563			88,152			88,347
Provision for loan losses		12,612			13,159			6,106			16,260			9,974
Other income		49,341			52,078			45,397			47,586			47,846
Other expenses		76,983			85,218			81,899			79,274			78,926
FTE adjustment (a)		763			647			590			650			641
Net income		31,204			27,661			29,964			27,656			36,594
Diluted EPS		0.39			0.35			0.37			0.34			0.43
PERFORMANCE RATIOS
Return on average assets (ROA)		1.22	%		1.10	%		1.20	%		1.07	%		1.41	%
Return on average common equity (ROE)		13.93	%		12.75	%		13.67	%		11.52	%		14.90	%
Net interest margin FTE (a)		3.68	%		3.78	%		3.80	%		3.73	%		3.70	%
Efficiency ratio		56.78	%		61.39	%		61.90	%		58.26	%		57.81	%
Number of full-time equivalent employees		2,769			2,986			3,104			3,057			3,073
MARKET DATA
Book value/common share	$	11.28			10.88			10.91			11.39			11.65
Period-end common share mkt value		23.17			20.94			24.66			25.91			26.79
Market as a % of book		205	%		193	%		226	%		228	%		230	%
Cash dividends/common share	$	0.29			0.28			0.28			0.28			0.28
Common stock dividend payout ratio		74.36	%		80.00	%		75.68	%		82.35	%		65.12	%
Average basic common shares		80,066			79,983			80,374			82,786			83,489
Average diluted common shares		80,262			80,203			80,648			83,082			83,978
Period end common shares		80,072			80,058			79,766			82,335			83,442
Common shares repurchased		0			1,329			2,618,588			1,228,293			178,872
Common stock market capitalization	$	1,855,268			1,676,415			1,967,030			2,133,300			2,235,411
ASSET QUALITY
Gross charge-offs	$	15,453			18,038			14,914			22,736			14,207
Net charge-offs		11,584			13,021			9,178			18,379			10,002
Allowance for loan losses		88,755			87,727			87,589			90,661			92,780
Reserve for unfunded lending commitments		6,307			5,716			5,853			6,072			5,857
Nonperforming assets (NPAs)		72,464			58,786			72,941			72,257			51,398
Net charge-off/average loans ratio		0.67	%		0.78	%		0.56	%		1.09	%		0.60	%
Allowance for loan losses/period-end loans		1.28	%		1.29	%		1.31	%		1.36	%		1.39	%
Allowance for credit losses/period-end loans		1.37	%		1.37	%		1.40	%		1.45	%		1.47	%
NPAs/loans and other real estate		1.05	%		0.86	%		1.09	%		1.08	%		0.77	%
Allowance for loan losses/nonperforming loans		143.73	%		174.80	%		136.22	%		145.61	%		221.46	%
Allowance for credit losses/nonperforming loans		153.94	%		186.19	%		145.32	%		155.36	%		235.44	%
CAPITAL & LIQUIDITY
Period-end tangible equity to assets		7.55	%		7.20	%		7.31	%		7.94	%		8.18	%
Average equity to assets		8.77	%		8.66	%		8.79	%		9.33	%		9.46	%
Average equity to loans		12.99	%		12.93	%		13.27	%		14.22	%		14.66	%
Average loans to deposits		93.05	%		90.63	%		91.58	%		92.11	%		91.73	%
AVERAGE BALANCES
Assets	$	10,138,856			10,051,623			10,111,553			10,211,619			10,295,827
Deposits		7,355,877			7,426,029			7,313,509			7,273,980			7,245,562
Loans		6,844,593			6,730,531			6,697,732			6,699,997			6,646,112
Earning assets		9,249,769			9,174,008			9,245,882			9,368,139			9,465,288
Shareholders’ equity		888,841			870,234			888,818			952,715			974,147
ENDING BALANCES
Assets	$	10,217,968			10,254,773			10,100,717			10,154,359			10,285,329
Deposits		7,389,633			7,402,239			7,510,562			7,233,650			7,352,026
Loans		6,917,347			6,804,769			6,672,102			6,667,327			6,685,462
Goodwill		139,245			139,245			139,245			139,245			139,245
Intangible assets		3,088			3,311			3,533			3,756			3,978
Earning assets		9,344,841			9,315,062			9,193,741			9,256,389			9,419,355
Total shareholders’ equity		903,383			870,698			870,552			937,580			972,348

NOTES:

(a) — Net interest income on a fully tax-equivalent (“FTE”) basis restates interest on tax-exempt securities and loans as if such interest were subject to federal income tax at the statutory rate. Net interest income on an FTE basis is not an accounting principle generally accepted in the United States of America.

5

FIRSTMERIT CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited, except December 31, 2005, which is derived from the audited financial statements)

	September 30,			December 31,			September 30,
	2006			2005			2005
ASSETS
Cash and due from banks	$	196,116			225,953			216,236
Investment securities (at fair value) and federal funds sold		2,372,484			2,546,496			2,679,650
Loans held for sale		55,010			42,566			54,243
Loans:
Commercial loans		3,733,734			3,519,483			3,503,276
Mortgage loans		613,332			628,581			634,914
Installment loans		1,622,355			1,524,355			1,578,883
Home equity loans		748,307			778,697			765,476
Credit card loans		140,143			145,592			140,314
Leases		59,476			70,619			72,427
Total loans		6,917,347			6,667,327			6,695,290
Less allowance for loan losses		(88,755	)		(90,661	)		(92,780	)
Net loans		6,828,592			6,576,666			6,602,510
Premises and equipment, net		121,008			120,420			115,916
Goodwill		139,245			139,245			139,245
Intangible assets		3,088			3,756			3,980
Accrued interest receivable and other assets		502,425			499,257			478,463
Total assets	$	10,217,968			10,154,359			10,290,243
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits:
Demand-non-interest bearing	$	1,419,002			1,523,731			1,472,471
Demand-interest bearing		784,226			830,248			878,851
Savings and money market accounts		2,216,732			2,304,177			2,307,824
Certificates and other time deposits		2,969,673			2,575,494			2,692,880
Total deposits		7,389,633			7,233,650			7,352,026
Securities sold under agreements to repurchase		1,269,040			1,426,037			1,465,697
Wholesale borrowings		509,129			401,104			352,250
Accrued taxes, expenses, and other liabilities		146,783			155,988			147,922
Total liabilities		9,314,585			9,216,779			9,317,895
Commitments and contingencies
Shareholders’ equity:
Preferred stock, without par value:
authorized and unissued 7,000,000 shares		—			—			—
Preferred stock, Series A, without par value:
designated 800,000 shares; none outstanding		—			—			—
Convertible preferred stock, Series B, without par value:
designated 220,000 shares; none outstanding		—			—			—
Common stock, without par value:
authorized 300,000,000 shares; issued 92,026,350 at September 30, 2006, December 31, 2005 and September 30, 2005		127,937			127,937			127,937
Capital surplus		106,182			108,210			108,711
Accumulated other comprehensive loss		(38,143	)		(42,850	)		(33,923	)
Retained earnings		1,015,249			994,487			990,219
Treasury stock, at cost, 11,954,829, 9,691,424 and 8,584,782 shares at September 30, 2006, December 31, 2005 and September 30, 2005, respectively		(307,842	)		(250,204	)		(220,596	)
Total shareholders’ equity		903,383			937,580			972,348
Total liabilities and shareholders’ equity	$	10,217,968			10,154,359			10,290,243

The accompanying notes are an integral part of the consolidated financial statements.

6

FIRSTMERIT CORPORATION AND SUBSIDIARIES
AVERAGE CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Dollars in thousands)

	Quarterly Periods
	September 30,			June 30,			March 31,			December 31,			September 30,
	2006			2006			2006			2005			2005
ASSETS
Cash and due from banks	$	185,628			188,915			194,042			192,189			197,412
Investment securities/fed funds sold		2,360,494			2,392,208			2,500,021			2,619,248			2,764,724
Loans held for sale		44,682			51,269			48,129			48,894			54,452
Loans:
Commercial loans		3,674,988			3,603,083			3,567,263			3,519,807			3,441,231
Mortgage loans		619,542			626,476			630,702			637,877			641,532
Installment loans		1,592,917			1,526,094			1,513,938			1,556,212			1,594,801
Home equity loans		755,044			772,196			775,728			772,757			754,492
Credit card loans		139,117			137,545			141,821			142,743			140,873
Leases		62,985			65,137			68,280			70,601			73,183
Total loans		6,844,593			6,730,531			6,697,732			6,699,997			6,646,112
Less allowance for loan losses (a)		87,127			86,583			90,229			91,916			91,852
Net loans		6,757,466			6,643,948			6,607,503			6,608,081			6,554,260
Total earning assets		9,249,769			9,174,008			9,245,882			9,368,139			9,465,288
Premises and equipment, net		120,088			119,666			120,155			117,387			117,471
Accrued interest receivable and other assets		670,498			655,617			641,703			625,820			607,508
TOTAL ASSETS	$	10,138,856			10,051,623			10,111,553			10,211,619			10,295,827
LIABILITIES
Deposits:
Demand-non-interest bearing	$	1,407,653			1,455,229			1,462,671			1,488,679			1,457,487
Demand-interest bearing		794,886			865,563			848,209			817,009			838,549
Savings and money market accounts		2,246,386			2,280,657			2,292,865			2,332,528			2,333,331
Certificates and other time deposits		2,906,952			2,824,580			2,709,764			2,635,764			2,616,195
Total deposits		7,355,877			7,426,029			7,313,509			7,273,980			7,245,562
Securities sold under agreements to repurchase		1,357,746			1,212,470			1,295,178			1,443,740			1,478,857
Wholesale borrowings		367,640			371,309			433,257			375,167			442,035
Total funds		9,081,263			9,009,808			9,041,944			9,092,887			9,166,454
Accrued taxes, expenses and other liabilities (a)		168,752			171,581			180,791			166,017			155,226
Total liabilities		9,250,015			9,181,389			9,222,735			9,258,904			9,321,680
SHAREHOLDERS’ EQUITY
Preferred stock		—			—			—			—			—
Common stock		127,937			127,937			127,937			127,937			127,937
Capital surplus		105,587			104,477			108,330			108,303			108,564
Accumulated other comprehensive (loss) income		(52,601	)		(54,132	)		(44,150	)		(39,834	)		(25,682	)
Retained earnings		1,015,749			1,001,647			998,173			994,301			982,419
Treasury stock		(307,831	)		(309,695	)		(301,472	)		(237,992	)		(219,091	)
Total shareholders’ equity		888,841			870,234			888,818			952,715			974,147
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	10,138,856			10,051,623			10,111,553			10,211,619			10,295,827

7

AVERAGE CONSOLIDATED BALANCE SHEETS (Unaudited)
Fully-tax Equivalent Interest Rates and Interest Differential
FIRSTMERIT CORPORATION AND SUBSIDIARIES
(Dollars in thousands)

	Three months ended								Year ended								Three months ended
	September 30, 2006								December 31, 2005								September 30, 2005
	Average					Average			Average					Average			Average					Average
	Balance			Interest		Rate			Balance			Interest		Rate			Balance			Interest		Rate
ASSETS
Cash and due from banks	$	185,628								194,485								197,412
Investment securities and federal funds sold:
U.S. Treasury securities and U.S. Government agency obligations (taxable)		1,993,447			20,012		3.98	%		2,416,360			91,814		3.80	%		2,408,219			22,621		3.73	%
Obligations of states and political subdivisions (tax exempt)		114,805			1,925		6.65	%		99,487			6,707		6.74	%		99,273			1,638		6.55	%
Other securities and federal funds sold		252,242			3,924		6.17	%		255,568			12,291		4.81	%		257,232			3,056		4.71	%
Total investment securities and federal funds sold		2,360,494			25,861		4.35	%		2,771,415			110,812		4.00	%		2,764,724			27,315		3.92	%
Loans held for sale		44,682			812		7.21	%		52,740			2,854		5.41	%		54,452			660		4.81	%
Loans		6,844,593			129,111		7.48	%		6,610,509			430,402		6.51	%		6,646,112			110,535		6.60	%
Total earning assets		9,249,769			155,784		6.68	%		9,434,664			544,068		5.77	%		9,465,288			138,510		5.81	%
Allowance for loan losses		(87,127	)							(94,118	)							(91,852	)
Other assets		790,586								729,398								724,979
Total assets	$	10,138,856								10,264,429								10,295,827
													��
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits:
Demand — non-interest bearing	$	1,407,653			—		—			1,466,106			—		—			1,457,487			—		—
Demand — interest bearing		794,886			2,241		1.12	%		827,829			5,871		0.71	%		838,549			1,732		0.82	%
Savings and money market accounts		2,246,386			13,188		2.33	%		2,356,813			32,944		1.40	%		2,333,331			8,700		1.48	%
Certificates and other time deposits		2,906,952			32,881		4.49	%		2,647,908			86,764		3.28	%		2,616,195			21,637		3.28	%
Total deposits		7,355,877			48,310		2.61	%		7,298,656			125,579		1.72	%		7,245,562			32,069		1.76	%
Securities sold under agreements to repurchase		1,357,746			15,878		4.64	%		1,409,135			45,423		3.22	%		1,478,857			12,535		3.36	%
Wholesale borrowings		367,640			5,746		6.20	%		431,787			21,449		4.97	%		442,035			5,559		4.99	%
Total interest bearing liabilities		7,673,610			69,934		3.62	%		7,673,472			192,451		2.51	%		7,708,967			50,163		2.58	%
Other liabilities		168,752								158,125								155,226
Shareholders’ equity		888,841								966,726								974,147
Total liabilities and shareholders’ equity	$	10,138,856								10,264,429								10,295,827
Net yield on earning assets	$	9,249,769			85,850		3.68	%		9,434,664			351,617		3.73	%		9,465,288			88,347		3.70	%
Interest rate spread							3.06	%							3.26	%							3.22	%

Notes: Interest income on tax-exempt securities and loans have been adjusted to a fully-taxable equivalent basis. Nonaccrual loans have been included in the average balances.

8

FIRSTMERIT CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
(Unaudited)
(In thousands except per share data)

	Quarters ended					Nine months ended
	September 30,					September 30,
	2006		2005			2006			2005
Interest income:
Interest and fees on loans, including held for sale	$	129,890		111,169			371,080			317,293
Interest and dividends on investment securities and federal funds sold		25,131		26,700			75,283			82,194
Total interest income		155,021		137,869			446,363			399,487
Interest expense:
Interest on deposits:
Demand-interest bearing		2,241		1,732			7,186			3,918
Savings and money market accounts		13,188		8,700			36,015			22,592
Certificates and other time deposits		32,881		21,637			88,308			62,933
Interest on securities sold under agreements to repurchase		15,878		12,535			40,758			32,000
Interest on wholesale borrowings		5,746		5,559			17,306			16,551
Total interest expense		69,934		50,163			189,573			137,994
Net interest income		85,087		87,706			256,790			261,493
Provision for loan losses		12,612		9,974			31,877			27,560
Net interest income after provision for loan losses		72,475		77,732			224,913			233,933
Other income:
Trust department income		5,721		5,515			16,859			16,704
Service charges on deposits		19,250		18,561			53,326			51,181
Credit card fees		11,251		10,437			33,400			30,371
ATM and other service fees		3,301		3,453			9,682			9,710
Bank owned life insurance income		3,042		3,074			11,338			9,172
Investment services and insurance		2,631		2,226			7,809			7,912
Investment securities gains, net		2		40			22			1,887
Loan sales and servicing income		1,731		2,076			6,009			4,729
Other operating income		2,412		2,464			8,371			11,214
Total other income		49,341		47,846			146,816			142,880
Other expenses:
Salaries, wages, pension and employee benefits		43,248		42,149			133,000			122,893
Net occupancy expense		6,002		5,567			18,671			17,984
Equipment expense		3,097		2,962			8,969			9,149
Stationery, supplies and postage		2,423		2,559			7,279			7,504
Bankcard, loan processing and other costs		7,459		5,802			20,703			16,970
Professional services		5,470		2,632			11,971			8,625
Amortization of intangibles		222		222			667			667
Other operating expense		9,062		17,033			42,840			50,442
Total other expenses		76,983		78,926			244,100			234,234
Income before federal income tax expense		44,833		46,652			127,629			142,579
Federal income tax expense		13,629		10,058			38,800			39,752
Net income	$	31,204		36,594			88,829			102,827
Other comprehensive income (loss), net of taxes
Unrealized securities’ holding gain (loss), net of taxes		23,868		(14,541	)		5,468			(19,156	)
Unrealized hedging gain (loss), net of taxes		3		295			(747	)		851
Minimum pension liability adjustment, net of taxes		—		—			—			(183	)
Less: reclassification adjustment for securities’ gains losses realized in net income, net of taxes		1		26			14			1,227
Total other comprehensive income (loss), net of taxes		23,870		(14,272	)		4,707			(19,715	)
Comprehensive income	$	55,074		22,322			93,536			83,112
Net income applicable to common shares	$	31,204		36,594			88,829			102,827
Net income used in diluted EPS calculation	$	31,209		36,601			88,844			102,848
Weighted average number of common shares outstanding — basic		80,066		83,489			80,140			83,727
Weighted average number of common shares outstanding — diluted		80,262		83,978			80,365			84,105
Basic earnings per share	$	0.39		0.44			1.11			1.23
Diluted earnings per share	$	0.39		0.43			1.11			1.22
Dividend per share	$	0.29		0.28			0.85			0.82

The accompanying notes are an integral part of the consolidated financial statements.

9

FIRSTMERIT CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME—LINKED QUARTERS
(Unaudited)
(Dollars in thousands, except share data)

	Quarterly Results
	2006		2006			2006			2005			2005
	3rd Q		2nd Q			1st Q			4th Q			3rd Q
Interest and fees on loans, including held for sale	$	129,890		123,450			117,740			115,850			111,169
Interest and dividends — securities and federal funds sold		25,131		24,820			25,332			26,109			26,700
Total interest income		155,021		148,270			143,072			141,959			137,869
Interest on deposits:
Demand-interest bearing		2,241		2,583			2,362			1,953			1,732
Savings and money market accounts		13,188		12,079			10,748			10,352			8,700
Certificates and other time deposits		32,881		29,326			26,101			23,831			21,637
Securities sold under agreements to repurchase		15,878		12,957			11,923			13,423			12,535
Wholesale borrowings		5,746		5,595			5,965			4,898			5,559
Total interest expense		69,934		62,540			57,099			54,457			50,163
Net interest income		85,087		85,730			85,973			87,502			87,706
Provision for loan losses		12,612		13,159			6,106			16,260			9,974
Net interest income after provision for loan losses		72,475		72,571			79,867			71,242			77,732
Other income:
Trust department income		5,721		5,744			5,394			5,430			5,515
Service charges on deposits		19,250		18,010			16,066			17,884			18,561
Credit card fees		11,251		11,478			10,671			10,601			10,437
ATM and other service fees		3,301		3,273			3,108			3,157			3,453
Bank owned life insurance income		3,042		5,310			2,986			3,092			3,074
Investment services and insurance		2,631		2,581			2,597			2,696			2,226
Investment securities gains (losses), net		2		4			16			39			40
Loan sales and servicing income		1,731		2,833			1,445			1,668			2,076
Other operating income		2,412		2,845			3,114			3,019			2,464
Total other income		49,341		52,078			45,397			47,586			47,846
Other expenses:
Salaries, wages, pension and employee benefits		43,248		46,721			43,031			40,790			42,149
Net occupancy expense		6,002		6,120			6,549			5,746			5,567
Equipment expense		3,097		2,914			2,958			4,152			2,962
Stationery, supplies and postage		2,423		2,403			2,453			2,546			2,559
Bankcard, loan processing and other costs		7,459		7,417			5,827			7,042			5,802
Professional services		5,470		3,738			2,763			3,389			2,632
Amortization of intangibles		222		222			223			222			222
Other operating expense		9,062		15,683			18,095			15,387			17,033
Total other expenses		76,983		85,218			81,899			79,274			78,926
Income before income tax expense		44,833		39,431			43,365			39,554			46,652
Federal income taxes		13,629		11,770			13,401			11,898			10,058
Net income	$	31,204		27,661			29,964			27,656			36,594
Other comprehensive income (loss), net of taxes		23,870		(8,618	)		(10,545	)		(8,927	)		(14,272	)
Comprehensive income	$	55,074		19,043			19,419			18,729			22,322
Net income applicable to common shares		31,204		27,661			29,964			27,656			36,594
Adjusted net income used in diluted EPS calculation		31,209		27,666			29,969			27,659			36,601
Weighted-average common shares — basic		80,066		79,983			80,374			82,786			83,489
Weighted-average common shares — diluted		80,262		80,203			80,648			83,082			83,978
Basic net income per share	$	0.39		0.35			0.37			0.33			0.44
	��
Diluted net income per share	$	0.39		0.35			0.37			0.34			0.43

Note: Certain prior year balances have been reclassified to conform to the current year presentation.

10

FIRSTMERIT CORPORATION AND SUBSIDIARIES
ASSET QUALITY INFORMATION
(Unaudited, except December 31, 2005 annual period which is derived from the audited financial statements)
(Dollars in thousands, except ratios)

	Quarterly Periods															Annual Period
	Sep 30			June 30			Mar 31			Dec 31			Sep 30			Dec 31
Allowance for Credit Losses	2006			2006			2006			2005			2005			2005
Allowance for loan losses, beginning of period	$	87,727			87,589			90,661			92,780			92,808			97,296
Allowance related to loans sold		—			—			—			—			—			—
Provision for loan losses		12,612			13,159			6,106			16,260			9,974			43,820
Charge-offs		15,453			18,038			14,914			22,736			14,207			69,105
Recoveries		3,869			5,017			5,736			4,357			4,205			18,650
Net charge-offs		11,584			13,021			9,178			18,379			10,002			50,455
Allowance for loan losses, end of period	$	88,755			87,727			87,589			90,661			92,780			90,661
Reserve for unfunded lending commitments, beginning of period	$	5,716			5,853			6,072			5,857			5,785			5,774
Provision for credit losses		591			(137	)		(219	)		215			72			298
Reserve for unfunded lending commitments, end of period	$	6,307			5,716			5,853			6,072			5,857			6,072
Allowance for Credit Losses	$	95,062			93,443			93,442			96,733			98,637			96,733
Ratios
Provision for loan losses as a % of average loans		0.73	%		0.78	%		0.37	%		0.96	%		0.60	%		0.66	%
Provision for credit losses as a % of average loans		0.03	%		-0.01	%		-0.01	%		0.01	%		0.00	%		0.00	%
Net charge-offs as a % of average loans		0.67	%		0.78	%		0.56	%		1.09	%		0.60	%		0.76	%
Allowance for loan losses as a % of period-end loans		1.28	%		1.29	%		1.31	%		1.36	%		1.39	%		1.36	%
Allowance for credit losses as a % of period-end loans		1.37	%		1.37	%		1.40	%		1.45	%		1.48	%		1.45	%
Allowance for loan losses as a % of nonperforming loans		143.73	%		174.80	%		136.22	%		145.61	%		221.46	%		145.61	%
Allowance for credit losses as a % of nonperforming loans		153.94	%		186.19	%		145.32	%		155.36	%		235.44	%		155.36	%
Asset Quality
Impaired loans:
Nonaccrual	$	52,621			41,927			56,258			54,176			34,144			54,176
Other nonperforming loans:
Nonaccrual		9,132			8,261			8,044			8,086			7,751			8,086
Total nonperforming loans		61,753			50,188			64,302			62,262			41,895			62,262
Other real estate (“ORE”)		10,711			8,598			8,639			9,995			9,503			9,995
Total nonperforming assets (“NPAs”)	$	72,464			58,786			72,941			72,257			51,398			72,257
NPAs as % of period-end loans + ORE		1.05	%		0.86	%		1.09	%		1.08	%		0.77	%		1.08	%
Past due 90 days or more & accruing interest	$	15,311			16,483			18,640			17,931			21,451			17,931

11

FIRSTMERIT CORPORATION
NONINTEREST INCOME AND NONINTEREST EXPENSE DETAIL
(Unaudited)
(Dollars in thousands)

	2006		2006		2006		2005		2005
QUARTERLY OTHER INCOME DETAIL	3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr
Trust department income	$	5,721		5,744		5,394		5,430		5,515
Service charges on deposits		19,250		18,010		16,066		17,884		18,561
Credit card fees		11,251		11,478		10,671		10,601		10,437
ATM and other service fees		3,301		3,273		3,108		3,157		3,453
Bank owned life insurance income		3,042		5,310		2,986		3,092		3,074
Investment services and insurance		2,631		2,581		2,597		2,696		2,226
Investment securities gains (losses), net		2		4		16		39		40
Loan sales and servicing income		1,731		2,833		1,445		1,668		2,076
Other operating income		2,412		2,845		3,114		3,019		2,464
Total Other Income	$	49,341		52,078		45,397		47,586		47,846

	2006			2006		2006		2005		2005
QUARTERLY OTHER EXPENSES DETAIL	3rd Qtr			2nd Qtr		1st Qtr		4th Qtr		3rd Qtr
Salaries, wages, pension and employee benefits	$	43,248			46,721		43,031		40,790		42,149
Net occupancy expense		6,002			6,120		6,549		5,746		5,567
Equipment expense		3,097			2,914		2,958		4,152		2,962
Taxes, other than federal income taxes		(7,703	)		1,802		1,819		1,578		849
Stationery, supplies and postage		2,423			2,403		2,453		2,546		2,559
Bankcard, loan processing and other costs		7,459			7,417		5,827		7,042		5,802
Advertising		1,152			2,369		2,766		1,415		1,863
Professional services		5,470			3,738		2,763		3,389		2,632
Telephone		1,138			1,094		1,128		1,136		1,206
Amortization of intangibles		222			222		223		222		222
Other operating expense		14,475			10,418		12,382		11,258		13,115
Total Other Expenses	$	76,983			85,218		81,899		79,274		78,926

Note: Certain prior year balances have been reclassified to conform to the current year presentation.

12

FIRSTMERIT CORPORATION AND SUBSIDIARIES
ALLOWANCE FOR LOAN LOSSES — Net Charge-off Detail
(Unaudited)
(Dollars in thousands)

	Quarters ended						Nine months ended
	September 30,						September 30,
	2006			2005			2006			2005
Allowance for loan losses — beginning of period	$	87,727			92,808			90,661			97,296
Loans charged off:
Commercial		6,731			2,805			22,883			11,458
Mortgage		459			400			1,157			1,082
Installment		4,832			6,187			15,386			20,244
Home equity		1,112			1,918			2,878			3,241
Credit cards		2,315			2,652			6,040			7,734
Leases		4			245			61			2,610
Total		15,453			14,207			48,405			46,369
Recoveries:
Commercial		566			698			2,948			2,910
Mortgage		9			70			95			177
Installment		2,219			2,312			8,330			7,617
Home equity		333			317			1,018			928
Credit cards		585			549			1,619			1,859
Manufactured housing		102			153			372			507
Leases		55			106			240			295
Total		3,869			4,205			14,622			14,293
Net charge-offs		11,584			10,002			33,783			32,076
Provision for loan losses		12,612			9,974			31,877			27,560
Allowance for loan losses — end of period	$	88,755			92,780			88,755			92,780
Average loans outstanding	$	6,844,593			6,646,112			6,758,157			6,580,351
Ratio to average loans:
(Annualized) net charge-offs		0.67	%		0.60	%		0.67	%		0.65	%
Provision for loan losses		0.73	%		0.60	%		0.63	%		0.56	%
Loans outstanding — period-end	$	6,917,347			6,695,290			6,917,347			6,695,290
Allowance for credit losses:		95,062			98,637			95,062			98,637
As a multiple of (annualized) net charge-offs		2.07			2.49			2.10			2.30
Allowance for loan losses:
As a percent of period-end loans outstanding		1.28	%		1.39	%		1.28	%		1.39	%
As a multiple of (annualized) net charge-offs		1.93			2.34			1.97			2.16

13