Fifth Third Bancorp (FITB) 8-K Fifth Third Bancorp Reports 15 Percent Increase

Exhibit 99.2

October 2004

QUARTERLY FINANCIAL SUPPLEMENT

3rd Quarter 2004 - 4th Quarter 2002

Investment Community Member:

To assist in your financial analysis, the following supplement of most requested information concerning Fifth Third Bancorp is provided.

Numbers are unaudited for both year-end and quarterly information.

If you need further information, please fax or e-mail your request to Fifth Third’s Investor Relations Department at (513) 534-0629 or Brad.Adams@53.com

R. Mark Graf	Rob Cafera	Brad Adams
SVP/Chief Financial Officer	VP/External Financial Reporting	VP/Investor Relations
(513) 534-6924	(513) 534-6662	(513) 534-0983

Yearly Data	Years Ended December 31,
	2003		2002		2001		2000		1999		1998
Ratios %
Return on Average Assets		1.90		2.04		1.42		1.58		1.44		1.35
Return on Average Equity		19.0		18.4		13.6		17.5		15.8		14.8
Average Equity/Average Assets		10.01		11.08		10.40		9.06		9.12		9.13
Net Interest Margin (FTE)		3.62		3.96		3.82		3.73		3.96		3.88
Efficiency		47.0		47.5		57.5		53.7		56.0		57.1
Net Charge-Offs/Average Loans & Leases		0.63		0.43		0.54		0.26		0.39		0.44
Reserve/Loans & Leases Outstanding		1.47		1.49		1.50		1.43		1.48		1.56
Nonperforming Assets/Loans, Leases and Other Assets, Including OREO		0.61		0.59		0.57		0.47		0.40		0.52
Underperforming Assets/Loans, Leases and Other Assets, Including OREO		0.89		0.95		0.96		0.77		0.61		0.82
Loan Loss Reserve/Nonperforming Assets		242.01		250.62		265.45		303.85		370.86		300.58
Loan Loss Reserve/Underperforming Assets		166.19		157.12		156.49		185.21		241.16		189.33
Share Data
Earnings Per Share	$	2.91	$	2.64	$	1.74	$	1.86	$	1.55	$	1.36
Earnings Per Diluted Share		2.87		2.59		1.70		1.83		1.53		1.34
Dividends Per Common Share		1.13		0.98		0.83		0.70		0.59		0.47
Book Value Per Share		15.29		14.98		13.31		11.83		9.91		9.67
Common Shares Outstanding(net of treasury)		566,685,301		574,355,247		582,674,580		569,056,843		565,425,468		557,438,774
Market Price Per Share:
High	$	62.15	$	69.70	$	64.77	$	60.88	$	50.29	$	49.42
Low		47.05		55.26		45.69		29.33		38.58		31.67
Close		59.10		58.55		61.33		59.75		48.92		47.54
Price/Earnings Ratio *		20.59		22.61		36.08		32.65		31.97		35.48
Supplemental Data
Common Dividends Declared ($ in millions)	$	645	$	568	$	460	$	325	$	248	$	187
Employees (Full-time Equivalents)		18,899		19,119		18,373		20,468		21,290		20,375
Banking Centers		952		930		933		963		939		931

* - Based on the most recent twelve-month earnings per diluted share and end of period stock prices.

2

Yearly Data	Years Ended December 31,
	2003			2002			2001			2000			1999			1998
Income Statement ($ in millions)
Interest Income-FTE	$	4,030		$	4,168		$	4,754		$	4,994		$	4,239		$	4,085
Interest Expense		1,086			1,430			2,278			2,697			2,026			2,047
Net Interest Income-FTE		2,944			2,738			2,476			2,297			2,213			2,038
Loan Loss Provision		399			246			201			126			143			156
Merger-Related Loan Loss Provision *		—			—			35			12			26			20
Noninterest Income:
Electronic Payment Processing Revenue		575			512			347			252			189			147
Service Charges on Deposits		485			431			367			298			252			230
Mortgage Banking Net Revenue		302			188			63			256			290			248
Investment Advisory Revenue		332			325			298			275			258			217
Other Noninterest Income		546			555			520			370			324			261
Operating Lease Revenue		124			—			—			—			—			—
Securities Gains, Net		81			114			28			6			8			50
Securities Gains, Net - Non-Qualifying Hedges on Mortgage Servicing		3			33			143			—			—			—
Foreign Exchange Income		35			25			22			19			14			8
Total Noninterest Income		2,483			2,183			1,788			1,476			1,335			1,161
Noninterest Expense:
Salaries, Incentives & Benefits Expense		1,271			1,230			1,107			1,037			1,001			885
Equipment Expenses		82			79			91			100			98			91
Net Occupancy Expenses		159			142			146			138			131			120
Operating Lease Expenses		94			—			—			—			—			—
Deposit Insurance Expenses		17			10			8			9			10			10
Other Noninterest Expense		928			876			752			656			639			574
Merger-Related Charges *		—			—			349			87			108			146
Total Noninterest Expense		2,551			2,337			2,453			2,027			1,987			1,826
Pre-Tax Income-FTE		2,477			2,338			1,575			1,608			1,392			1,197
Taxable Equivalent Adjustment		39			39			45			47			40			33
Income From Continuing Operations Before Income Taxes, Minority Interest and Cumulative Effect		2,438			2,299			1,530			1,561			1,352			1,164
Applicable Income Taxes		787			734			523			511			483			408
Income From Continuing Operations Before Minority Interest and Cumulative Effect		1,651			1,565			1,007			1,050			869			756
Minority Interest, Net of Tax		(20	)		(38	)		(2	)		—			—			—
Income From Continuing Operations Before Cumulative Effect		1,631			1,527			1,005			1,050			869			756
Income From Discontinued Operations, Net of Tax **		44			4			4			5			3			4
Income Before Cumulative Effect		1,675			1,531			1,009			1,055			872			760
Cumulative Effect of Change in Accounting Principle, Net of Tax		(10	)		—			(7	)		—			—			—
Net Income	$	1,665		$	1,531		$	1,002		$	1,055		$	872		$	760
Net Income Available to Common Shareholders ***	$	1,664		$	1,530		$	1,001		$	1,054		$	871		$	759
Regulatory Capital Data ($ in millions)
Tier 1 Capital	$	8,272		$	7,747		$	7,433		$	6,377		$	5,613		$	5,137
Tier 2 Capital		1,824			1,188			1,223			1,177			912			857
Total Risk-Based Capital	$	10,096		$	8,935		$	8,656		$	7,554		$	6,525		$	5,994
Total Risk-Weighted Assets	$	74,725		$	65,444		$	59,491		$	55,943		$	49,379		$	43,906
Tier 1 Risk-Based Capital Ratio		11.07	%		11.84	%		12.49	%		11.40	%		11.37	%		11.70	%
Total Risk-Based Capital Ratio		13.51	%		13.65	%		14.55	%		13.50	%		13.21	%		13.65	%
Leverage Ratio		9.23	%		9.84	%		10.64	%		9.49	%		9.10	%		9.16	%

* - Tax-effects of these merger-related charges were $90 million in 2001, $32 million in 2000, $33 million in 1999 and $48 million in 1998.

** - Includes gain on sale of discontinued operations of $40 million, net of tax, in 2003.

*** - Dividend on Preferred Stock is $.740 million for all years presented.

3

	As Of December 31,
Yearly Data	2003			2002			2001			2000			1999			1998
Balance Sheet - Assets ($ in millions)
Cash and Due from Banks	$	2,359		$	1,891		$	2,031		$	1,706		$	1,893		$	1,804
Available-for-Sale Securities		28,999			25,464			20,507			19,029			15,925			15,584
Held-to-Maturity Securities		135			52			16			553			738			926
Trading Securities		55			18			—			—			—			—
Other Short-Term Investments		268			294			225			232			388			248
Total Securities		29,457			25,828			20,748			19,814			17,051			16,758
Total Cash and Securities		31,816			27,719			22,779			21,520			18,944			18,562
Loans Held for Sale		1,881			3,358			2,180			1,655			1,198			2,861
Loans and Leases Held for Investment(before reserve)		52,308			45,928			41,548			42,530			38,837			34,115
Total Loans and Leases		54,189			49,286			43,728			44,185			40,035			36,976
Reserve for Credit Losses		(770	)		(683	)		(624	)		(609	)		(573	)		(532	)
Goodwill		738			740			720			545			432			312
Intangible Assets		195			236			267			235			264			270
Total Goodwill & Intangibles, net		933			976			987			780			696			582
Servicing Rights		299			263			426			429			382			310
Other Real Estate Owned		55			27			30			28			21			22
Operating Lease Equipment		767			—			—			—			—			—
Other Assets		3,892			3,344			3,738			3,338			2,652			2,282
Total Assets	$	91,181		$	80,932		$	71,064		$	69,671		$	62,157		$	58,202
Balance Sheet - Liabilities ($ in millions)
Deposits	$	57,095		$	52,208		$	45,854		$	48,360		$	41,856		$	41,014
Borrowings:
Short-Term		13,170			8,823			7,453			6,344			10,096			6,214
Long-Term		9,063			8,179			7,030			6,066			3,106			4,112
Convertible Subordinated Debentures		—			—			—			173			173			173
Other Liabilities		3,186			2,657			2,553			1,993			1,323			1,299
Total Liabilities		82,514			71,867			62,890			62,936			56,554			52,812
Minority Interest		—			461			422			—			—			—
Balance Sheet - Equity ($ in millions)
Common and Preferred Equity		9,749			8,779			7,748			6,708			5,905			5,312
Additional Minimum Pension Liability		(63	)		(52	)		—			—			—			—
Net Unrealized (Losses) and Gains on Available-for-Sale Securities and Qualifying Cash Flow Hedges		(57	)		421			8			28			(302	)		136
Treasury Stock, at Cost		(962	)		(544	)		(4	)		(1	)		—			(58	)
Total Shareholders’ Equity	$	8,667		$	8,604		$	7,752		$	6,735		$	5,603		$	5,390
Preferred Shares Outstanding		9,250			9,250			9,250			9,250			9,250			9,250
Common Shares Outstanding(net of treasury)		566,685,301			574,355,247			582,674,580			569,056,843			565,425,468			557,438,774
Treasury Shares Held		16,766,390			9,071,857			80,000			21,875			—			1,383,042

4

	Years Ended December 31,
Yearly Data	2003			2002			2001			2000			1999			1998
Average Balance Sheet ($ in millions)
Taxable Securities	$	27,584		$	22,145		$	18,482		$	17,246		$	15,390		$	14,825
Tax Exempt Securities		1,056			1,101			1,255			1,384			1,511			1,265
Loans & Leases		52,414			45,539			44,888			42,690			38,652			36,014
Other Earning Assets		307			339			201			200			327			376
Total Earning Assets		81,361			69,124			64,826			61,520			55,880			52,480
Cash and Due from Banks		1,600			1,551			1,482			1,456			1,628			1,566
Other Assets		5,250			5,007			5,000			4,229			3,344			2,782
Reserve for Credit Losses		(730	)		(645	)		(625	)		(594	)		(560	)		(522	)
Total Assets	$	87,481		$	75,037		$	70,683		$	66,611		$	60,292		$	56,306
Interest Checking	$	18,679		$	16,239		$	11,489		$	9,531		$	8,553		$	7,030
Savings		8,020			9,465			4,928			5,799			6,206			6,332
Money Market Deposits		3,189			1,162			2,552			939			1,328			1,471
Consumer Time Deposits		7,168			9,403			13,473			13,716			13,858			15,117
Total Customer Deposits		37,056			36,269			32,442			29,985			29,945			29,950
Certificates $100,000 & Over		3,090			1,689			3,821			4,283			4,197			3,856
Foreign Office Deposits		3,862			2,018			1,992			3,896			952			270
Short-Term Borrowings		12,373			7,191			8,799			9,725			8,573			7,095
Long-Term Borrowings		8,747			7,640			6,301			4,707			3,487			3,212
Total Interest-Bearing Liabilities		65,128			54,807			53,355			52,596			47,154			44,383
Demand Deposits		10,482			8,953			7,394			6,257			6,079			5,627
Other Liabilities		2,883			2,520			2,556			1,725			1,562			1,157
Total Liabilities		78,493			66,280			63,305			60,578			54,795			51,167
Minority Interest		234			440			30			—			—			—
Shareholders’ Equity		8,754			8,317			7,348			6,033			5,497			5,139
Total Liabilities & Shareholders’ Equity	$	87,481		$	75,037		$	70,683		$	66,611		$	60,292		$	56,306
Average Loans and Leases (excluding held for sale)	$	49,700		$	43,529		$	42,339		$	41,303		$	36,543		$	33,930
Average Common Shares Outstanding:
Basic		571,590,128			580,326,693			575,253,508			565,685,977			562,041,032			558,534,169
Diluted		580,003,074			592,020,246			591,316,210			578,973,325			575,895,318			571,084,574

5

	December 31,
Yearly Data	2003			2002			2001			2000			1999			1998
Asset Quality ($ in millions)
Non-Accrual Loans & Leases	$	242		$	247		$	216		$	174		$	133		$	151
Renegotiated Loans & Leases		8			—			—			2			2			5
Other Assets, Including Other Real Estate Owned		69			26			19			25			19			21
Total Non-Performing Assets		319			273			235			201			154			177
Loans & Leases 90+ Days Past Due		145			162			164			128			83			104
Total NPAs Plus Loans & Leases Over 90 Days	$	464		$	435		$	399		$	329		$	237		$	281
Loan Portfolio ($ in millions)(net of unearned discount)
Commercial & Residential Construction Loans	$	3,636		$	3,327		$	3,356		$	3,223		$	2,272		$	1,662
Commercial Mortgages		6,894			5,885			6,085			6,227			5,640			4,425
Commercial Loans & Leases		17,489			15,805			13,396			13,306			12,106			10,780
Residential Mortgages		5,530			6,804			6,563			7,167			7,750			10,569
Home Equity Loans		9,001			8,679			7,974			6,792			4,524			2,956
Credit Card Outstandings		762			537			448			362			318			345
Other Consumer Loans & Leases		10,877			8,249			5,906			7,108			7,425			6,239
Total Loans & Leases	$	54,189		$	49,286		$	43,728		$	44,185		$	40,035		$	36,976
Non-Performing Loans ($ in millions)(non-accrual plus renegotiated)
Commercial Construction Loans	$	19		$	14		$	26		$	11		$	4		$	5
Commercial Mortgages		42			41			57			42			25			41
Commercial Loans & Leases		136			159			122			75			55			71
Residential Mortgage & Construction		26			18			11			42			48			33
Other Consumer Loans & Leases		27			15			—			6			3			6
Total NPA Loans	$	250		$	247		$	216		$	176		$	135		$	156
Net Charge-Offs ($ in millions)
Gross Charge-Offs	$	380		$	273		$	273		$	164		$	183		$	185
Merger Related Charge-Offs		—			—			36			12			26			20
Recoveries		(68	)		(86	)		(82	)		(67	)		(67	)		(55	)
Net Charge-Offs	$	312		$	187		$	227		$	109		$	142		$	150

6

	Three Months Ended
Quarterly Data	September 30, 2004		June 30, 2004		March 31, 2004		December 31, 2003		September 30, 2003		June 30, 2003		March 31, 2003		December 31, 2002
Ratios (%)
Return on Average Assets		1.95		1.91		1.88		1.93		1.85		1.92		1.90		1.97
Return on Average Equity		21.1		21.0		19.7		20.1		19.3		18.6		18.0		18.3
Average Equity/Average Assets		9.22		9.09		9.56		9.61		9.57		10.34		10.57		10.78
Net Interest Margin (FTE)		3.42		3.54		3.60		3.54		3.52		3.69		3.74		3.80
Efficiency		46.8		48.9		47.1		49.0		46.4		45.5		47.2		46.6
Net Charge-Offs/Average Loans & Leases		0.40		0.43		0.54		0.72		0.59		0.64		0.56		0.43
Reserve/Loans & Leases Outstanding		1.35		1.43		1.45		1.47		1.49		1.49		1.49		1.49
Nonperforming Assets/Loans, Leases and Other Assets, Including OREO		0.48		0.50		0.57		0.61		0.62		0.62		0.65		0.59
Underperforming Assets/Loans, Leases and Other Assets, Including OREO		0.72		0.73		0.82		0.89		0.90		0.90		0.93		0.95
Loan Loss Reserve/Nonperforming Assets		278.37		286.87		253.92		242.01		238.69		239.72		229.35		250.62
Loan Loss Reserve/Underperforming Assets		187.35		195.60		177.67		166.19		164.56		165.48		159.60		157.12
Share Data
Earnings Per Share	$	0.84	$	0.80	$	0.76	$	0.78	$	0.73	$	0.72	$	0.68	$	0.69
Earnings Per Diluted Share		0.83		0.79		0.75		0.77		0.72		0.71		0.67		0.67
Dividends Per Common Share		0.32		0.32		0.32		0.29		0.29		0.29		0.26		0.26
Book Value Per Share		16.11		14.97		15.77		15.29		15.24		15.25		15.31		14.98
Common Shares Outstanding (net of treasury)		561,112,890		560,804,042		562,131,643		566,685,301		570,298,014		569,963,718		574,743,788		574,355,247
Market Price Per Share:
High	$	54.07	$	57.00	$	60.00	$	60.01	$	59.44	$	60.49	$	62.15	$	66.47
Low		46.59		51.13		53.27		55.47		52.50		47.24		47.05		55.40
Close		49.22		53.78		55.37		59.10		55.54		57.42		50.23		58.55
Price/Earnings Ratio *		15.68		17.75		18.77		20.59		20.05		21.19		19.03		22.61
Supplemental Data
Common Dividends Declared ($ in millions)	$	180	$	180	$	180	$	164	$	166	$	165	$	150	$	149
Employees (Full-time Equivalents)		19,061		18,937		18,583		18,899		19,770		19,830		19,573		19,119
Banking Centers		1,005		992		960		952		942		943		941		930
ATMs		1,872		1,844		1,827		1,905		1,891		1,883		1,880		1,875

* - Based on the most recent twelve-month earnings per diluted share and end of period stock prices.

7

	Three Months Ended
Quarterly Data	September 30, 2004			June 30, 2004			March 31, 2004			December 31, 2003			September 30, 2003			June 30, 2003			March 31, 2003			December 31, 2002
Income Statement ($ in millions)
Interest Income-FTE	$	1,052		$	1,009		$	999		$	998		$	993		$	1,030		$	1,010		$	1,038
Interest Expense		286			238			240			253			258			281			294			329
Net Interest Income-FTE		766			771			759			745			735			749			716			709
Loan Loss Provision		30			88			83			94			112			109			85			72
Noninterest Income:
Electronic Payment Processing Revenue		152			148			148			160			143			141			130			147
Service Charges on Deposits		134			131			123			125			125			121			114			113
Investment Advisory Revenue		88			97			93			85			85			83			80			74
Mortgage Banking Net Revenue		49			61			44			57			75			93			78			67
Other Noninterest Income		126			258			130			104			161			131			149			156
Operating Lease Revenue		35			44			52			58			66			—			—			—
Securities Gains, Net		16			—			25			2			15			39			25			15
Securities Gains (Losses), Net - Non-Qualifying Hedges on Mortgage Servicing		—			—			—			—			—			2			1			1
Foreign Exchange Income		11			10			11			8			10			8			9			7
Total Noninterest Income		611			749			626			599			680			618			586			580
Noninterest Expense:
Salaries, Wages & Incentives		252			254			245			244			249			269			269			275
Employee Benefits		64			66			76			53			61			65			61			60
Equipment Expenses		22			19			20			21			21			20			20			20
Net Occupancy Expenses		45			47			46			47			36			38			38			37
Deposit Insurance Expenses		2			6			6			6			6			2			2			2
Operating Lease Expenses		24			32			38			44			50			—			—			—
Other Noninterest Expense		235			320			221			242			234			227			224			207
Total Noninterest Expense		644			744			652			657			657			621			614			601
Pre-Tax Income-FTE		703			688			650			593			646			637			603			616
Taxable Equivalent Adjustment		9			9			9			10			10			10			10			10
Income From Continuing Operations Before Income Taxes, Minority Interest and Cumulative Effect		694			679			641			583			636			627			593			606
Applicable Income Taxes		223			231			211			182			209			202			194			202
Income From Continuing Operations Before Minority Interest and Cumulative Effect		471			448			430			401			427			425			399			404
Minority Interest, Net of Tax		—			—			—			—			—			(11	)		(10	)		(9	)
Income From Continuing Operations Before Cumulative Effect		471			448			430			401			427			414			389			395
Income From Discontinued Operations, Net of Tax *		—			—			—			41			1			1			1			1
Income Before Cumulative Effect		471			448			430			442			428			415			390			396
Cumulative Effect of Change in Accounting Principle, Net of Tax		—			—			—			—			(10	)		—			—			—
Net Income	$	471		$	448		$	430		$	442		$	418		$	415		$	390		$	396
Net Income Available to Common Shareholders**	$	471		$	448		$	430		$	441		$	417		$	415		$	390		$	396
Regulatory Capital Data ($ in millions)***
Tier 1 Capital	$	8,654		$	8,346		$	8,394		$	8,272		$	8,182		$	8,009		$	8,034		$	7,747
Tier 2 Capital		1,739			1,763			1,727			1,824			1,845			1,746			1,200			1,188
Total Risk-Based Capital	$	10,393		$	10,109		$	10,121		$	10,096		$	10,027		$	9,755		$	9,234		$	8,935
Total Risk-Weighted Assets	$	80,902		$	79,307		$	77,056		$	74,725		$	72,893		$	69,849		$	66,737		$	65,444
Tier 1 Risk-Based Capital Ratio		10.70	%		10.52	%		10.89	%		11.07	%		11.22	%		11.47	%		12.04	%		11.84	%
Total Risk-Based Capital Ratio		12.85	%		12.75	%		13.13	%		13.51	%		13.76	%		13.97	%		13.84	%		13.65	%
Leverage Ratio		9.12	%		8.97	%		9.23	%		9.23	%		9.21	%		9.29	%		9.79	%		9.84	%

* -Includes gain on sale of discontinued operations of $40 million, net of tax, in 4th quarter 2003.

** -Dividend on Preferred Stock is $.185 million for all quarters presented.

*** -September 30, 2004 regulatory capital data and ratios are estimated.

8

	As Of
Quarterly Data	September 30, 2004			June 30, 2004			March 31, 2004			December 31, 2003			September 30, 2003			June 30, 2003			March 31, 2003			December 31, 2002
Balance Sheet - Assets ($ in millions)
Cash and Due from Banks	$	2,313		$	2,358		$	2,012		$	2,359		$	2,394		$	1,776		$	1,772		$	1,891
Available-for-Sale Securities		31,557			30,180			30,577			28,999			28,011			29,053			27,190			25,464
Held-to-Maturity Securities		254			212			179			135			145			106			86			52
Trading Securities		81			97			96			55			96			49			33			18
Other Short-Term Investments		384			258			191			268			163			233			782			294
Total Securities		32,276			30,747			31,043			29,457			28,415			29,441			28,091			25,828
Total Cash and Securities		34,589			33,105			33,055			31,816			30,809			31,217			29,863			27,719
Loans Held for Sale		452			577			1,661			1,881			1,528			3,245			3,011			3,358
Loans and Leases Held for Investment(before reserve)		58,036			56,679			53,912			52,308			51,807			49,357			47,267			45,928
Total Loans and Leases		58,488			57,256			55,573			54,189			53,335			52,602			50,278			49,286
Reserve for Credit Losses		(785	)		(812	)		(783	)		(770	)		(772	)		(735	)		(703	)		(683	)
Goodwill		980			979			738			738			738			738			740			740
Intangible Assets		157			164			155			195			213			222			232			236
Total Goodwill & Intangibles, net		1,137			1,143			893			933			951			960			972			976
Servicing Rights		349			358			283			299			285			244			249			263
Other Real Estate Owned		61			54			57			55			46			33			30			27
Operating Lease Equipment		394			525			658			767			899			—			—			—
Other Assets		4,060			3,985			3,996			3,892			3,899			3,982			3,636			3,344
Total Assets	$	98,293		$	95,614		$	93,732		$	91,181		$	89,452		$	88,303		$	84,325		$	80,932
Balance Sheet - Liabilities ($ in millions)
Interest Checking	$	19,362		$	19,243		$	19,376		$	19,758		$	18,715		$	18,432		$	18,682		$	17,877
Savings		8,307			7,973			7,391			7,375			7,895			7,981			8,098			10,056
Money Market Deposits		4,264			2,854			2,995			3,201			3,389			3,299			2,852			1,044
Consumer Time Deposits		7,140			6,531			6,450			6,686			6,686			7,066			7,501			8,180
Total Customer Deposits		39,073			36,601			36,212			37,020			36,685			36,778			37,133			37,157
Certificates $100,000 & Over		1,521			2,313			2,097			1,370			2,009			4,302			4,935			1,181
Foreign Deposits		3,380			5,957			4,567			6,563			3,725			3,162			2,022			3,775
Short-Term Borrowings		13,973			11,517			15,253			13,171			13,741			11,527			9,199			8,823
Long-Term Borrowings		15,128			14,775			10,990			9,063			9,255			8,338			8,033			8,179
Total Interest-Bearing Liabilities		73,075			71,163			69,119			67,187			65,415			64,107			61,322			59,115
Demand Deposits		12,886			13,037			12,374			12,141			11,875			11,634			10,469			10,095
Other Liabilities		3,292			3,021			3,375			3,186			3,468			3,389			3,264			2,657
Total Liabilities		89,253			87,221			84,868			82,514			80,758			79,130			75,055			71,867
Minority Interest		—			—			—			—			—			482			472			461
Balance Sheet - Equity ($ in millions)
Common and Preferred Equity		10,515			10,225			9,989			9,749			9,460			9,235			9,014			8,779
Additional Minimum Pension Liability		(66	)		(63	)		(63	)		(63	)		(52	)		(52	)		(52	)		(52	)
Net Unrealized (Losses) and Gains on Available-for-Sale Securities and Qualifying Cash Flow Hedges		(152	)		(491	)		162			(57	)		43			288			349			421
Treasury Stock, at Cost		(1,257	)		(1,278	)		(1,224	)		(962	)		(757	)		(780	)		(513	)		(544	)
Total Shareholders’ Equity	$	9,040		$	8,393		$	8,864		$	8,667		$	8,694		$	8,691		$	8,798		$	8,604
Preferred Shares Outstanding		9,250			9,250			9,250			9,250			9,250			9,250			9,250			9,250
Common Shares Outstanding(net of treasury)		561,112,890			560,804,042			562,131,643			566,685,301			570,298,014			569,963,718			574,743,788			574,355,247
Treasury Shares Held		22,338,801			22,647,649			21,320,048			16,766,390			13,153,677			13,487,973			8,697,903			9,071,857

9

Quarterly Data

	Three Months Ended
	September 30, 2004			June 30, 2004			March 31, 2004			December 31, 2003			September 30, 2003			June 30, 2003			March 31, 2003			December 31, 2002
Average Balance Sheet ($ in millions)
Taxable Securities	$	30,523		$	30,253		$	29,085		$	28,568		$	27,916		$	28,461		$	26,595		$	24,506
Tax Exempt Securities		890			920			995			1,026			1,050			1,062			1,087			1,071
Loans & Leases		57,679			56,325			54,688			53,886			53,871			51,813			50,026			48,478
Total Earning Assets		89,092			87,498			84,768			83,480			82,837			81,336			77,708			74,055
Cash and Due from Banks		2,265			2,106			2,046			2,044			1,398			1,399			1,558			1,534
Other Assets		5,603			5,448			5,828			5,863			5,925			4,676			4,513			4,769
Reserve for Credit Losses		(816	)		(791	)		(773	)		(771	)		(740	)		(712	)		(694	)		(664	)
Total Assets	$	96,144		$	94,261		$	91,869		$	90,616		$	89,420		$	86,699		$	83,085		$	79,694
Interest Checking	$	19,570		$	19,268		$	19,552		$	19,303		$	18,673		$	18,527		$	18,202		$	17,671
Savings		8,212			7,803			7,294			7,700			8,095			8,082			8,207			10,480
Money Market Deposits		3,542			2,965			3,149			3,388			3,356			2,989			3,016			1,013
Consumer Time Deposits		6,786			6,429			6,590			6,729			6,827			7,299			7,830			8,393
Total Customer Deposits		38,110			36,465			36,585			37,120			36,951			36,897			37,255			37,557
Certificates $100,000 & Over		2,211			2,230			1,403			1,528			3,586			4,259			2,998			1,347
Foreign Office Deposits		3,315			4,488			5,935			5,606			3,340			3,529			2,951			2,515
Short-Term Borrowings		13,274			15,175			14,529			14,254			13,554			11,430			10,197			8,911
Long-Term Borrowings		15,054			12,317			10,294			9,149			9,581			8,109			8,130			8,142
Total Interest-Bearing Liabilities		71,964			70,675			68,746			67,657			67,012			64,224			61,531			58,472
Demand Deposits		12,537			12,251			11,402			11,460			10,859			10,055			9,529			9,675
Other Liabilities		2,782			2,769			2,942			2,791			2,988			2,979			2,774			2,500
Total Liabilities		87,283			85,695			83,090			81,908			80,859			77,258			73,834			70,647
Minority Interest		—			—			—			—			—			477			466			457
Shareholders’ Equity		8,861			8,566			8,779			8,708			8,561			8,964			8,785			8,590
Total Liabilities & Shareholders’ Equity	$	96,144		$	94,261		$	91,869		$	90,616		$	89,420		$	86,699		$	83,085		$	79,694
Average Loans and Leases (excluding held for sale)	$	57,160		$	54,960		$	52,927		$	52,402		$	50,615		$	48,561		$	47,155		$	45,273
Average Common Shares Outstanding:
Basic		560,335,242			560,976,289			563,583,277			568,104,211			570,087,666			573,887,821			574,366,138			576,471,327
Diluted		566,543,043			568,715,944			571,612,473			576,881,193			578,777,162			581,663,343			582,768,769			586,809,172

10

Quarterly Data	September 30, 2004			June 30, 2004			March 31, 2004			December 31, 2003			September 30, 2003			June 30, 2003			March 31, 2003			December 31, 2002
Asset Quality ($ in millions)
Non-Accrual Loans & Leases	$	207		$	216		$	233		$	242		$	271		$	279		$	277		$	247
Renegotiated Loans & Leases		3			3			1			8			—			—			—			—
Other Assets, Including Other Real Estate Owned		72			64			74			69			52			—			—			—
Total Non-Performing Assets		282			283			308			319			323			279			277			247
Loans & Leases 90+ Days Past Due		137			132			133			145			146			138			134			162
Total NPAs Plus Loans & Leases Over 90 Days	$	419		$	415		$	441		$	464		$	469		$	417		$	411		$	409
Loan Portfolio ($ in millions)(net of unearned discount)
Commercial & Residential Construction Loans	$	4,448		$	4,108		$	3,820		$	3,636		$	3,470		$	3,362		$	3,361		$	3,327
Commercial Mortgages		7,644			7,541			7,197			6,894			6,590			6,297			5,984			5,885
Commercial Loans & Leases		18,628			18,551			17,899			17,489			16,987			17,038			16,379			15,805
Residential Mortgages		6,912			6,416			5,811			5,530	��		6,015			6,351			6,274			6,804
Home Equity Loans		10,253			9,849			9,305			9,001			8,704			9,283			8,921			8,679
Credit Card Outstandings		809			779			757			762			620			588			562			537
Other Consumer Loans & Leases		9,794			10,012			10,784			10,877			10,949			9,683			8,797			8,249
Total Loans & Leases	$	58,488		$	57,256		$	55,573		$	54,189		$	53,335		$	52,602		$	50,278		$	49,286
Average Loan Portfolio ($ in millions) (net of unearned discount)
Commercial & Residential Construction Loans	$	4,315		$	3,924		$	3,746		$	3,547		$	3,401		$	3,339		$	3,360		$	3,309
Commercial Mortgages		7,582			7,327			7,034			6,708			6,423			6,127			5,930			5,775
Commercial Loans & Leases		18,368			18,030			17,507			17,176			16,949			16,663			16,032			15,499
Residential Mortgages		6,631			6,173			5,654			5,927			6,689			6,814			6,838			6,647
Home Equity Loans		10,060			9,563			9,143			8,881			9,500			9,129			8,823			8,705
Credit Card Outstandings		797			767			758			642			609			580			533			511
Other Consumer Loans & Leases		9,926			10,541			10,846			11,005			10,300			9,161			8,510			8,032
Total Loans & Leases	$	57,679		$	56,325		$	54,688		$	53,886		$	53,871		$	51,813		$	50,026		$	48,478
Non-Performing Loans ($ in millions) (non-accrual plus renegotiated)
Commercial Construction Loans	$	11		$	14		$	23		$	19		$	20		$	17		$	14		$	14
Commercial Mortgages		51			47			48			42			42			46			47			41
Commercial Loans & Leases		99			107			111			136			158			163			172			159
Residential Mortgages & Construction		22			23			25			26			27			23			22			18
Other Consumer Loans & Leases		27			28			27			27			24			24			22			15
Total NPA Loans	$	210		$	219		$	234		$	250		$	271		$	273		$	277		$	247
Credit Charge-Offs ($ in millions)
Gross Charge-Offs	$	72		$	76		$	87		$	115		$	92		$	91		$	82		$	70
Recoveries		(15	)		(17	)		(17	)		(19	)		(17	)		(14	)		(18	)		(20	)
Net Charge-Offs	$	57		$	59		$	70		$	96		$	75		$	77		$	64		$	50

11