Fulton Financial (FULT) 8-K Fulton Financial reports third quarter earnings of $0.21 per share

Exhibit 99.2
FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)
dollars in thousands
											% Change from
		September 30			September 30			June 30			September 30		June 30
		2013			2012			2013			2012		2013
ASSETS
	Cash and due from banks	$	262,938		$	217,207		$	219,944		21.1	%	19.5	%
	Other interest-earning assets	221,064			202,305			130,065			9.3	%	70.0	%
	Loans held for sale	39,273			85,477			60,909			(54.1	)%	(35.5	)%
	Investment securities	2,686,649			2,790,138			2,915,879			(3.7	)%	(7.9	)%
	Loans, net of unearned income	12,798,865			11,935,260			12,645,418			7.2	%	1.2	%
	Allowance for loan losses	(210,486		)	(233,864		)	(216,431		)	(10.0	)%	(2.7	)%
	Net loans	12,588,379			11,701,396			12,428,987			7.6	%	1.3	%
	Premises and equipment	227,299			225,771			224,418			0.7	%	1.3	%
	Accrued interest receivable	44,715			49,784			45,713			(10.2	)%	(2.2	)%
	Goodwill and intangible assets	533,918			541,845			534,452			(1.5	)%	(0.1	)%
	Other assets	464,502			463,420			462,043			0.2	%	0.5	%
	Total Assets	$	17,068,737		$	16,277,343		$	17,022,410		4.9	%	0.3	%
LIABILITIES AND SHAREHOLDERS' EQUITY
	Deposits	$	12,721,121		$	12,610,359		$	12,257,809		0.9	%	3.8	%
	Short-term borrowings	1,198,577			486,971			1,620,318			146.1	%	(26.0	)%
	Other liabilities	230,953			210,707			226,384			9.6	%	2.0	%
	FHLB advances and long-term debt	889,122			908,623			889,167			(2.1	)%	—	%
	Total Liabilities	15,039,773			14,216,660			14,993,678			5.8	%	0.3	%
	Shareholders' equity	2,028,964			2,060,683			2,028,732			(1.5	)%	—	%
	Total Liabilities and Shareholders' Equity	$	17,068,737		$	16,277,343		$	17,022,410		4.9	%	0.3	%
LOANS, DEPOSITS AND SHORT-TERM BORROWINGS DETAIL:
Loans, by type:
	Real estate - commercial mortgage	$	5,063,373		$	4,632,509		$	4,856,916		9.3	%	4.3	%
	Commercial - industrial, financial and agricultural	3,645,270			3,507,846			3,712,974			3.9	%	(1.8	)%
	Real estate - home equity	1,773,554			1,603,456			1,760,268			10.6	%	0.8	%
	Real estate - residential mortgage	1,327,469			1,214,322			1,313,345			9.3	%	1.1	%
	Real estate - construction	577,342			597,358			610,280			(3.4	)%	(5.4	)%
	Consumer	296,142			301,717			300,233			(1.8	)%	(1.4	)%
	Leasing and other	115,715			78,052			91,402			48.3	%	26.6	%
	Total Loans, net of unearned income	$	12,798,865		$	11,935,260		$	12,645,418		7.2	%	1.2	%
Deposits, by type:
	Noninterest-bearing demand	$	3,338,075		$	2,904,844		$	3,168,781		14.9	%	5.3	%
	Interest-bearing demand	2,986,549			2,702,710			2,714,545			10.5	%	10.0	%
	Savings deposits	3,371,923			3,423,807			3,272,557			(1.5	)%	3.0	%
	Time deposits	3,024,574			3,578,998			3,101,926			(15.5	)%	(2.5	)%
	Total Deposits	$	12,721,121		$	12,610,359		$	12,257,809		0.9	%	3.8	%
Short-term borrowings, by type:
	Customer repurchase agreements	$	209,800		$	192,082		$	196,188		9.2	%	6.9	%
	Customer short-term promissory notes	95,503			124,628			93,671			(23.4	)%	2.0	%
	Federal funds purchased	493,274			170,261			780,459			189.7	%	(36.8	)%
	Short-term FHLB advances	400,000			—			550,000			N/M		(27.3	)%
	Total Short-term Borrowings	$	1,198,577		$	486,971		$	1,620,318		146.1	%	(26.0	)%
N/M - Not Meaningful

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
in thousands, except per-share data and percentages
		Quarter Ended									% Change from				Nine Months ended
		Sep 30			Sep 30			Jun 30			Sep 30		Jun 30		Sep 30
		2013			2012			2013			2012		2013		2013			2012			% Change
Interest Income:
	Interest income	$	152,832		$	161,060		$	153,078		(5.1	)%	(0.2	)%	$	457,232		$	491,936		(7.1	)%
	Interest expense	20,299			25,179			21,013			(19.4	)%	(3.4	)%	62,990			79,830			(21.1	)%
	Net Interest Income	132,533			135,881			132,065			(2.5	)%	0.4	%	394,242			412,106			(4.3	)%
	Provision for credit losses	9,500			23,000			13,500			(58.7	)%	(29.6	)%	38,000			76,500			(50.3	)%
	Net Interest Income after Provision	123,033			112,881			118,565			9.0	%	3.8	%	356,242			335,606			6.1	%
Non-Interest Income:
	Service charges on deposit accounts	13,938			15,651			14,651			(10.9	)%	(4.9	)%	42,700			45,860			(6.9	)%
	Investment management and trust services	10,420			9,429			10,601			10.5	%	(1.7	)%	31,117			28,628			8.7	%
	Other service charges and fees	9,518			11,119			9,508			(14.4	)%	0.1	%	27,536			33,181			(17.0	)%
	Mortgage banking income	7,123			10,594			10,997			(32.8	)%	(35.2	)%	26,293			31,787			(17.3	)%
	Investment securities gains	2,633			42			2,865			N/M		(8.1	)%	7,971			2,831			181.6	%
	Other	3,725			5,108			3,694			(27.1	)%	0.8	%	11,315			14,602			(22.5	)%
	Total Non-Interest Income	47,357			51,943			52,316			(8.8	)%	(9.5	)%	146,932			156,889			(6.3	)%
Non-Interest Expense:
	Salaries and employee benefits	63,344			62,161			63,490			1.9	%	(0.2	)%	188,046			182,612			3.0	%
	Net occupancy expense	11,519			11,161			11,447			3.2	%	0.6	%	34,810			33,301			4.5	%
	Other outside services	5,048			5,600			5,315			(9.9	)%	(5.0	)%	13,223			13,614			(2.9	)%
	Data processing	4,757			3,776			4,509			26.0	%	5.5	%	13,169			11,223			17.3	%
	Equipment expense	3,646			3,816			3,893			(4.5	)%	(6.3	)%	11,447			10,370			10.4	%
	Professional fees	3,329			2,728			3,395			22.0	%	(1.9	)%	9,771			8,294			17.8	%
	Operating risk loss	3,297			1,404			1,860			134.8	%	77.3	%	6,923			6,827			1.4	%
	Software	3,268			2,511			3,094			30.1	%	5.6	%	9,110			6,958			30.9	%
	FDIC insurance expense	2,918			3,029			3,001			(3.7	)%	(2.8	)%	8,766			9,052			(3.2	)%
	Marketing	2,251			648			1,922			247.4	%	17.1	%	6,045			5,703			6.0	%
	OREO and repossession expense	1,453			2,249			1,941			(35.4	)%	(25.1	)%	6,248			8,709			(28.3	)%
	Intangible Amortization	534			756			535			(29.4	)%	(0.2	)%	1,603			2,318			(30.8	)%
	Other	11,241			10,143			12,728			10.8	%	(11.7	)%	35,510			33,757			5.2	%
	Total Non-Interest Expense	116,605			109,982			117,130			6.0	%	(0.4	)%	344,671			332,738			3.6	%
	Income Before Income Taxes	53,785			54,842			53,751			(1.9	)%	0.1	%	158,503			159,757			(0.8	)%
	Income tax expense	13,837			13,260			13,169			4.4	%	5.1	%	38,746			40,152			(3.5	)%
	Net Income	$	39,948		$	41,582		$	40,582		(3.9	)%	(1.6	)%	$	119,757		$	119,605		0.1	%
PER SHARE:
	Net income:
	Basic	$	0.21		$	0.21		$	0.21		—	%	—	%	$	0.62		$	0.6		3.3	%
	Diluted	0.21			0.21			0.21			—	%	—	%	0.61			0.6			1.7	%
	Cash dividends	$	0.08		$	0.08		$	0.08		—	%	—	%	$	0.24		$	0.22		9.1	%
	Shareholders' equity	10.55			10.36			10.48			1.8	%	0.7	%	10.54			10.36			1.7	%
	Shareholders' equity (tangible)	7.77			7.63			7.72			1.8	%	0.6	%	7.77			7.63			1.8	%
	Weighted average shares (basic)	192,251			198,956			193,273			(3.4	)%	(0.5	)%	193,926			199,371			(2.7	)%
	Weighted average shares (diluted)	193,259			199,808			194,346			(3.3	)%	(0.6	)%	194,926			200,321			(2.7	)%
	Shares outstanding, end of period	192,332			198,975			193,658			(3.3	)%	(0.7	)%	192,332			198,975			(3.3	)%
SELECTED FINANCIAL RATIOS:
	Return on average assets	0.93		%	1.02		%	0.97		%					0.95		%	0.98		%
	Return on average common shareholders' equity	7.81		%	8.03		%	7.89		%					7.79		%	7.83		%
	Return on average common shareholders' equity (tangible)	10.69		%	11.02		%	10.75		%					10.62		%	10.80		%
	Net interest margin	3.45		%	3.74		%	3.52		%					3.51		%	3.79		%
	Efficiency ratio	63.92		%	56.90		%	62.73		%					62.81		%	57.09		%
N/M - Not meaningful

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
dollars in thousands
		Quarter Ended
		September 30, 2013								September 30, 2012							June 30, 2013
		Average						Yield/		Average						Yield/	Average						Yield/
		Balance			Interest (1)			Rate		Balance			Interest (1)			Rate	Balance			Interest (1)			Rate
ASSETS
Interest-earning assets:
	Loans, net of unearned income	$	12,728,162		$	139,141		4.34%		$	11,922,417		$	143,211		4.78%	$	12,528,562		$	138,002		4.42%
	Taxable investment securities	2,446,583			12,977			2.12%		2,392,043			16,658			2.78%	2,410,004			14,516			2.41%
	Tax-exempt investment securities	284,372			3,581			5.04%		286,225			3,936			5.50%	280,508			3,608			5.15%
	Equity securities	133,200			1,056			3.16%		109,884			820			2.98%	123,848			875			2.83%
	Total Investment Securities	2,864,155			17,614			2.46%		2,788,152			21,414			3.07%	2,814,360			18,999			2.70%
	Loans held for sale	36,450			382			4.19%		61,001			578			3.79%	42,158			384			3.64%
	Other interest-earning assets	140,338			38			0.11%		147,818			35			0.09%	144,945			35			0.10%
	Total Interest-earning Assets	15,769,105			157,175			3.96%		14,919,388			165,238			4.41%	15,530,025			157,420			4.07%
Noninterest-earning assets:
	Cash and due from banks	210,525								221,561							206,090
	Premises and equipment	224,837								222,544							225,915
	Other assets	1,007,808								1,098,748							1,060,095
	Less: allowance for loan losses	(220,342		)						(239,931		)					(221,541		)
	Total Assets	$	16,991,933							$	16,222,310						$	16,800,584
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
	Demand deposits	$	2,895,156		$	938		0.13%		$	2,608,202		$	1,071		0.16%	$	2,718,679		$	872		0.13%
	Savings deposits	3,359,795			1,015			0.12%		3,372,278			1,431			0.17%	3,350,856			1,016			0.12%
	Time deposits	3,065,210			6,790			0.88%		3,657,616			11,346			1.23%	3,169,141			7,610			0.96%
	Total Interest-bearing Deposits	9,320,161			8,743			0.37%		9,638,096			13,848			0.57%	9,238,676			9,498			0.41%
	Short-term borrowings	1,337,742			691			0.20%		588,568			220			0.15%	1,313,424			700			0.21%
	FHLB advances and long-term debt	889,141			10,865			4.87%		908,767			11,111			4.88%	889,186			10,815			4.87%
	Total Interest-bearing Liabilities	11,547,044			20,299			0.70%		11,135,431			25,179			0.90%	11,441,286			21,013			0.74%
Noninterest-bearing liabilities:
	Demand deposits	3,221,648								2,837,539							3,116,940
	Other	194,163								188,065							179,875
	Total Liabilities	14,962,855								14,161,035							14,738,101
	Shareholders' equity	2,029,078								2,061,275							2,062,483
	Total Liabilities and Shareholders' Equity	$	16,991,933							$	16,222,310						$	16,800,584
	Net interest income/net interest margin (fully taxable equivalent)				136,876			3.45%					140,059			3.74%				136,407			3.52%
	Tax equivalent adjustment				(4,343		)						(4,178		)					(4,342		)
	Net interest income				$	132,533							$	135,881						$	132,065
	(1) Presented on a tax-equivalent basis using a 35% Federal tax rate and statutory interest expense disallowances.
AVERAGE LOANS, DEPOSITS AND SHORT-TERM BORROWINGS DETAIL:
		Quarter Ended								% Change from
		Sep 30			Sep 30			Jun 30		Sep 30			Jun 30
		2013			2012			2013		2012			2013
Loans, by type:
	Real estate - commercial mortgage	$	4,961,871		$	4,603,388		$	4,758,060	7.8		%	4.3		%
	Commercial - industrial, financial and agricultural	3,706,113			3,529,733			3,714,683		5.0		%	(0.2		)%
	Real estate - home equity	1,767,095			1,597,230			1,732,704		10.6		%	2.0		%
	Real estate - residential mortgage	1,323,972			1,201,179			1,308,713		10.2		%	1.2		%
	Real estate - construction	576,222			605,910			617,577		(4.9		)%	(6.7		)%
	Consumer	299,057			304,800			304,918		(1.9		)%	(1.9		)%
	Leasing and other	93,832			80,177			91,907		17.0		%	2.1		%
	Total Loans, net of unearned income	$	12,728,162		$	11,922,417		$	12,528,562	6.8		%	1.6		%
Deposits, by type:
	Noninterest-bearing demand	$	3,221,648		$	2,837,539		$	3,116,940	13.5		%	3.4		%
	Interest-bearing demand	2,895,156			2,608,202			2,718,679		11.0		%	6.5		%
	Savings deposits	3,359,795			3,372,278			3,350,856		(0.4		)%	0.3		%
	Time deposits	3,065,210			3,657,616			3,169,141		(16.2		)%	(3.3		)%
	Total Deposits	$	12,541,809		$	12,475,635		$	12,355,616	0.5		%	1.5		%
Short-term borrowings, by type:
	Customer repurchase agreements	$	196,503		$	210,830		$	188,339	(6.8		)%	4.3		%
	Customer short-term promissory notes	91,573			127,479			98,207		(28.2		)%	(6.8		)%
	Federal funds purchased	559,992			244,214			776,603		129.3		%	(27.9		)%
	Short-term FHLB advances	489,674			6,045			250,275		N/M			95.7		%
	Total Short-term Borrowings	$	1,337,742		$	588,568		$	1,313,424	127.3		%	1.9		%
N/M - Not Meaningful

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
dollars in thousands
		Nine Months ended September 30
		2013								2012
		Average								Average
		Balance			Interest (1)			Yield/Rate		Balance			Interest (1)			Yield/Rate
ASSETS
Interest-earning assets:
	Loans, net of unearned income	$	12,506,393		$	414,091		4.43	%	$	11,957,025		$	434,520		4.85	%
	Taxable investment securities	2,426,015			40,890			2.25	%	2,442,237			53,943			2.95	%
	Tax-exempt investment securities	285,638			11,003			5.14	%	288,221			12,085			5.59	%
	Equity securities	125,193			2,848			3.04	%	110,807			2,307			2.78	%
	Total Investment Securities	2,836,846			54,741			2.57	%	2,841,265			68,335			3.21	%
	Loans held for sale	42,122			1,261			3.99	%	52,462			1,547			3.93	%
	Other interest-earning assets	134,460			95			0.09	%	126,556			133			0.14	%
	Total Interest-earning Assets	15,519,821			470,188			4.05	%	14,977,308			504,535			4.50	%
Noninterest-earning assets:
	Cash and due from banks	206,403								239,050
	Premises and equipment	225,733								217,351
	Other assets	1,045,796								1,105,238
	Less: allowance for loan losses	(223,220		)						(255,061		)
	Total Assets	$	16,774,533							$	16,283,886
LIABILITIES AND SHAREHOLDERS' EQUITY
Interest-bearing liabilities:
	Demand deposits	$	2,773,917		$	2,687		0.13	%	$	2,519,454		$	3,132		0.17	%
	Savings deposits	3,348,413			3,054			0.12	%	3,341,512			4,751			0.19	%
	Time deposits	3,184,281			22,901			0.96	%	3,799,774			36,958			1.30	%
	Total Interest-bearing Deposits	9,306,611			28,642			0.41	%	9,660,740			44,841			0.62	%
	Short-term borrowings	1,228,882			1,900			0.20	%	758,899			912			0.16	%
	FHLB advances and long-term debt	889,826			32,448			4.87	%	940,348			34,077			4.84	%
	Total Interest-bearing Liabilities	11,425,319			62,990			0.74	%	11,359,987			79,830			0.94	%
Noninterest-bearing liabilities:
	Demand deposits	3,103,381								2,691,949
	Other	190,976								190,476
	Total Liabilities	14,719,676								14,242,412
	Shareholders' equity	2,054,857								2,041,474
	Total Liabilities and Shareholders' Equity	$	16,774,533							$	16,283,886
	Net interest income/net interest margin (fully taxable equivalent)				407,198			3.51	%				424,705			3.79	%
	Tax equivalent adjustment				(12,956		)						(12,599		)
	Net interest income				$	394,242							$	412,106
(1) Presented on a tax-equivalent basis using a 35% Federal tax rate and statutory interest expense disallowances.
AVERAGE LOANS, DEPOSITS AND SHORT-TERM BORROWINGS DETAIL:
		Nine months ended
		September 30
		2013			2012			% Change
Loans, by type:
	Real estate - commercial mortgage	$	4,796,557		$	4,618,389		3.9	%
	Commercial - industrial, financial and agricultural	3,694,612			3,548,332			4.1	%
	Real estate - home equity	1,721,041			1,602,812			7.4	%
	Real estate - residential mortgage	1,305,434			1,173,158			11.3	%
	Real estate - construction	594,991			629,170			(5.4	)%
	Consumer	303,127			308,215			(1.7	)%
	Leasing and other	90,631			76,949			17.8	%
	Total Loans, net of unearned income	$	12,506,393		$	11,957,025		4.6	%
Deposits, by type:
	Noninterest-bearing demand	$	3,103,381		$	2,691,949		15.3	%
	Interest-bearing demand	2,773,917			2,519,454			10.1	%
	Savings deposits	3,348,413			3,341,512			0.2	%
	Time deposits	3,184,281			3,799,774			(16.2	)%
	Total Deposits	$	12,409,992		$	12,352,689		0.5	%
Short-term borrowings, by type:
	Customer repurchase agreements	$	183,432		$	212,523		(13.7	)%
	Customer short-term promissory notes	100,532			142,896			(29.6	)%
	Federal funds purchased	681,576			390,319			74.6	%
	Short-term FHLB advances	263,342			13,161			N/M
	Total Short-term Borrowings	$	1,228,882		$	758,899		61.9	%
N/M - Not Meaningful

FULTON FINANCIAL CORPORATION
ASSET QUALITY INFORMATION (UNAUDITED)
dollars in thousands
		Quarter Ended									Nine Months Ended
		Sep 30			Sep 30			Jun 30			Sep 30			Sep 30
		2013			2012			2013			2013			2012
ALLOWANCE FOR CREDIT LOSSES:
Balance at beginning of period		$	217,626		$	237,316		$	221,527		$	225,439		$	258,177
	Loans charged off:
	Commercial - industrial, financial and agricultural	(9,394		)	(10,471		)	(5,960		)	(24,856		)	(29,157		)
	Real estate - commercial mortgage	(3,724		)	(7,463		)	(5,193		)	(13,050		)	(43,053		)
	Real estate - home equity	(2,365		)	(1,688		)	(1,966		)	(6,735		)	(6,683		)
	Real estate - residential mortgage	(767		)	(670		)	(4,465		)	(8,282		)	(3,009		)
	Real estate - construction	(598		)	(8,364		)	(2,597		)	(5,181		)	(25,377		)
	Consumer	(473		)	(685		)	(433		)	(1,456		)	(1,790		)
	Leasing and other	(787		)	(625		)	(769		)	(2,037		)	(1,696		)
	Total loans charged off	(18,108		)	(29,966		)	(21,383		)	(61,597		)	(110,765		)
Recoveries of loans previously charged off:
	Commercial - industrial, financial and agricultural	2,295			1,693			756			3,430			3,046
	Real estate - commercial mortgage	185			1,317			1,505			2,754			3,286
	Real estate - home equity	198			343			192			721			641
	Real estate - residential mortgage	245			25			116			442			169
	Real estate - construction	379			1,040			744			1,794			2,643
	Consumer	294			202			406			1,206			833
	Leasing and other	224			298			263			649			738
	Recoveries of loans previously charged off	3,820			4,918			3,982			10,996			11,356
Net loans charged off		(14,288		)	(25,048		)	(17,401		)	(50,601		)	(99,409		)
Provision for credit losses		9,500			23,000			13,500			38,000			76,500
Balance at end of period		$	212,838		$	235,268		$	217,626		$	212,838		$	235,268
Net charge-offs to average loans (annualized)		0.45		%	0.84		%	0.56		%	0.54		%	1.11		%
NON-PERFORMING ASSETS:
	Non-accrual loans	$	143,012		$	185,791		$	164,039
	Loans 90 days past due and accruing	25,271			27,035			25,159
	Total non-performing loans	168,283			212,826			189,198
	Other real estate owned	18,173			29,217			20,984
	Total non-performing assets	$	186,456		$	242,043		$	210,182
NON-PERFORMING LOANS, BY TYPE:
	Commercial - industrial, financial and agricultural	$	45,184		$	73,879		$	57,219
	Real estate - commercial mortgage	42,623			64,609			49,429
	Real estate - residential mortgage	34,309			24,910			30,660
	Real estate - construction	24,396			32,742			29,964
	Real estate - home equity	18,691			12,644			19,046
	Consumer	3,013			3,942			2,780
	Leasing	67			100			100
	Total non-performing loans	$	168,283		$	212,826		$	189,198
TROUBLED DEBT RESTRUCTURINGS (TDRs), BY TYPE:
	Real-estate - residential mortgage	$	27,820		$	36,946		$	28,948
	Real-estate - commercial mortgage	22,644			32,198			24,828
	Real estate - construction	9,841			10,525			10,599
	Commercial - industrial, financial and agricultural	8,184			4,795			8,394
	Real estate - home equity	1,667			755			1,549
	Consumer	11			—			13
	Total accruing TDRs	$	70,167		$	85,219		$	74,331
	Non-accrual TDRs (1)	30,501			21,167			30,377
	Total TDRs	$	100,668		$	106,386		$	104,708
(1) Included within non-accrual loans above.

DELINQUENCY RATES, BY TYPE:
		September 30, 2013						September 30, 2012						June 30, 2013
		31-89 Days		≥90 Days (1)		Total		31-89 Days		≥90 Days (1)		Total		31-89 Days		≥90 Days (1)		Total
	Real estate - commercial mortgage	0.40	%	0.84	%	1.24	%	0.46	%	1.39	%	1.85	%	0.47	%	1.01	%	1.48	%
	Commercial - industrial, financial and agricultural	0.32	%	1.24	%	1.56	%	0.45	%	2.11	%	2.56	%	0.41	%	1.54	%	1.95	%
	Real estate - construction	0.40	%	4.22	%	4.62	%	0.95	%	5.48	%	6.43	%	0.42	%	4.91	%	5.33	%
	Real estate - residential mortgage	1.82	%	2.58	%	4.40	%	2.66	%	2.05	%	4.71	%	2.12	%	2.33	%	4.45	%
	Real estate - home equity	1.03	%	1.05	%	2.08	%	0.85	%	0.78	%	1.63	%	0.68	%	1.08	%	1.76	%
	Consumer, leasing and other	1.83	%	0.75	%	2.58	%	1.84	%	1.06	%	2.90	%	1.47	%	0.74	%	2.21	%
	Total	0.66	%	1.31	%	1.97	%	0.80	%	1.78	%	2.58	%	0.68	%	1.50	%	2.18	%
(2) Includes non-accrual loans
ASSET QUALITY RATIOS:
		Sep 30		Sep 30		Jun 30
		2013		2012		2013
	Non-accrual loans to total loans	1.12	%	1.56	%	1.30	%
	Non-performing assets to total loans and OREO	1.45	%	2.02	%	1.66	%
	Non-performing assets to total assets	1.09	%	1.49	%	1.23	%
	Allowance for credit losses to loans outstanding	1.66	%	1.97	%	1.72	%
	Allowance for credit losses to non-performing loans	126.48	%	110.54	%	115.03	%
	Non-performing assets to tangible common shareholders' equity and allowance for credit losses	10.92	%	13.80	%	12.28	%

FULTON FINANCIAL CORPORATION
RECONCILIATION OF GAAP TO NON-GAAP MEASURES (UNAUDITED)
in thousands, except per share data and percentages
Explanatory note:	This press release contains certain financial information, as detailed below, which has been derived by methods other than Generally Accepted Accounting Principles ("GAAP"). The Corporation has presented these non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation's quarterly results of operations. Presentation of these non-GAAP financial measures is consistent with how the Corporation evaluates its performance internally and these non-GAAP financial measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the Corporation's industry. Management believes that these non-GAAP financial measures, in addition to GAAP measures, are also useful to investors to evaluate the Corporation's results. Investors should recognize that the Corporation's presentation of these non-GAAP financial measures might not be comparable to similarly-titled measures of other companies. These non-GAAP financial measures should not be considered a substitute for GAAP basis measures and the Corporation strongly encourages a review of its condensed consolidated financial statements in their entirety. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measure follow:
		Quarter Ended									Nine Months Ended
		Sep 30			Sep 30			Jun 30			Sep 30			Sep 30
		2013			2012			2013			2013			2012
Shareholders' equity (tangible), per share
Shareholders' equity		$	2,028,964		$	2,060,683		$	2,028,732
Less: Goodwill and intangible assets		(533,918		)	(541,845		)	(534,452		)
Tangible shareholders' equity (numerator)		$	1,495,046		$	1,518,838		$	1,494,280
Shares outstanding, end of period (denominator)		192,332			198,975			193,658
Shareholders' equity (tangible), per share		$	7.77		$	7.63		$	7.72
Return on average common shareholders' equity (tangible)
Net income		$	39,948		$	41,582		$	40,582		$	119,757		$	119,605
Plus: Intangible amortization, net of tax		347			491			348			1,042			1,507
Net income, less intangible amortization, net of tax (numerator)		$	40,295		$	42,073		$	40,930		$	120,799		$	121,112
Average shareholders' equity		$	2,029,078		$	2,061,275		$	2,062,483		$	2,054,857		$	2,041,474
Less: Average goodwill and intangible assets		(534,179		)	(542,225		)	(534,713		)	(534,712		)	(542,997		)
Average tangible shareholders' equity (denominator)		$	1,494,899		$	1,519,050		$	1,527,770		$	1,520,145		$	1,498,477
Return on average common shareholders' equity (tangible), annualized		10.69		%	11.02		%	10.75		%	10.62		%	10.80		%
Efficiency ratio
Non-interest expense		$	116,605		$	109,982		$	117,130		$	344,671		$	332,738
Less: Intangible amortization		(534		)	(756		)	(535		)	(1,603		)	(2,318		)
Numerator		$	116,071		$	109,226		$	116,595		$	343,068		$	330,420
Net interest income (fully taxable equivalent)		$	136,876		$	140,059		$	136,407		$	407,198		$	424,705
Plus: Total Non-interest income		47,357			51,943			52,316			146,932			156,889
Less: Investment securities gains		(2,633		)	(42		)	(2,865		)	(7,971		)	(2,831		)
Denominator		$	181,600		$	191,960		$	185,858		$	546,159		$	578,763
Efficiency ratio		63.92		%	56.90		%	62.73		%	62.81		%	57.09		%
Non-performing assets to tangible common shareholders' equity and allowance for credit losses
Non-performing assets (numerator)		$	186,456		$	242,043		$	210,182
Tangible shareholders' equity		$	1,495,046		$	1,518,838		$	1,494,280
Plus: Allowance for credit losses		212,838			235,268			217,626
Tangible shareholders' equity and allowance for credit losses (denominator)		$	1,707,884		$	1,754,106		$	1,711,906
Non-performing assets to tangible common shareholders' equity and allowance for credit losses		10.92		%	13.80		%	12.28		%