Fulton Financial (FULT) 8-K Fulton Financial reports 14.8 percent increase in third quarter 2006 earnings

Exhibit 99.2

FULTON FINANCIAL CORPORATION
FINANCIAL HIGHLIGHTS (UNAUDITED)
dollars in thousands, except per-share data

	September 30
BALANCE SHEET DATA	2006		2005		% Change
Total assets	$	14,910,652	$	12,304,200		21.2	%
Loans, net of unearned income		10,312,057		8,275,710		24.6	%
Investment securities		2,950,671		2,489,575		18.5	%
Deposits		10,277,028		8,811,217		16.6	%
Shareholders’ equity		1,497,693		1,278,328		17.2	%

										Nine Months Ended
	Quarter Ended September 30									September 30
INCOME SUMMARY	2006			2005			% Change			2006			2005			% Change
Interest income	$	229,101		$	164,070			39.6	%	$	634,959		$	453,489			40.0	%
Interest expense		(103,177	)		(57,585	)		79.2	%		(271,141	)		(148,833	)		82.2	%
Net interest income		125,924			106,485			18.3	%		363,818			304,656			19.4	%
Provision for loan losses		(555	)		(815	)		(31.9	%)		(2,430	)		(2,340	)		3.8	%
Investment securities gains		1,450			905			60.2	%		5,524			5,638			(2.0	%)
Other income		35,462			35,258			0.6	%		103,997			104,695			(0.7	%)
Other expenses		(92,425	)		(81,537	)		13.4	%		(271,234	)		(233,554	)		16.1	%
Income before income taxes		69,856			60,296			15.9	%		199,675			179,095			11.5	%
Income taxes		(21,514	)		(18,168	)		18.4	%		(60,753	)		(53,927	)		12.7	%
Net income	$	48,342		$	42,128			14.8	%	$	138,922		$	125,168			11.0	%
PER-SHARE DATA:
Net income:
Basic	$	0.28		$	0.26			7.7	%	$	0.80		$	0.76			5.3	%
Diluted		0.28			0.25			12.0	%		0.80			0.75			6.7	%
Cash Dividends		0.1475			0.138			6.9	%		0.433			0.402			7.7	%
Shareholders’ equity		8.63			7.76			11.3	%
Shareholders’ equity (tangible)		4.82			5.03			(4.3	%)
SELECTED FINANCIAL RATIOS:
Return on average assets		1.31	%		1.37	%					1.32	%		1.44	%
Return on average shareholders’ equity		13.26	%		13.06	%					13.04	%		13.45	%
Return on average shareholders’ equity (tangible)		25.14	%		20.60	%					24.34	%		20.44	%
Net interest margin		3.85	%		3.91	%					3.88	%		3.93	%
Efficiency ratio		55.04	%		55.46	%					55.72	%		55.14	%
Average equity to average assets		9.88	%		10.50	%					10.09	%		10.71	%

1

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED ENDING BALANCE SHEETS (UNAUDITED)
dollars in thousands

										% Change from
	September 30			September 30			June 30			September 30			June 30
	2006			2005			2006			2005			2006
ASSETS
Cash and due from banks	$	338,598		$	403,032		$	410,563			(16.0	%)		(17.5	%)
Loans held for sale		236,787			283,950			268,966			(16.6	%)		(12.0	%)
Other interest-earning assets		35,884			95,472			39,364			(62.4	%)		(8.8	%)
Investment securities		2,950,671			2,489,575			2,743,777			18.5	%		7.5	%
Loans, net of unearned		10,312,057			8,275,710			10,051,957			24.6	%		2.6	%
Allowance for loan losses		(107,422	)		(93,936	)		(106,544	)		14.4	%		0.8	%
Net Loans		10,204,635			8,181,774			9,945,413			24.7	%		2.6	%
Premises and equipment		188,403			166,991			185,677			12.8	%		1.5	%
Accrued interest receivable		70,901			47,353			63,589			49.7	%		11.5	%
Goodwill and intangible assets		661,594			448,573			663,951			47.5	%		(0.4	%)
Other assets		223,179			187,480			240,245			19.0	%		(7.1	%)
Total Assets	$	14,910,652		$	12,304,200		$	14,561,545			21.2	%		2.4	%
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits	$	10,277,028		$	8,811,217		$	10,146,652			16.6	%		1.3	%
Short-term borrowings		1,833,644			1,165,293			1,765,723			57.4	%		3.8	%
Long-term debt		1,109,220			897,944			1,024,144			23.5	%		8.3	%
Other liabilities		193,067			151,418			184,838			27.5	%		4.5	%
Total Liabilities		13,412,959			11,025,872			13,121,357			21.6	%		2.2	%
Shareholders’ equity		1,497,693			1,278,328			1,440,188			17.2	%		4.0	%
Total Liabilities and Shareholders’ Equity	$	14,910,652		$	12,304,200		$	14,561,545			21.2	%		2.4	%
LOANS AND DEPOSITS DETAIL:
Loans, by type:
Commercial — industrial and financial	$	2,600,807		$	2,049,330		$	2,553,375			26.9	%		1.9	%
Commercial — agricultural		345,332			327,249			330,063			5.5	%		4.6	%
Real estate — commercial mortgage		3,174,623			2,734,432			3,063,863			16.1	%		3.6	%
Real estate — residential mortgage and home equity		2,143,367			1,774,317			2,090,017			20.8	%		2.6	%
Real estate — construction		1,431,535			793,697			1,408,144			80.4	%		1.7	%
Consumer		529,741			531,921			521,378			(0.4	%)		1.6	%
Leasing and other		86,652			64,764			85,117			33.8	%		1.8	%
Total Loans, net of unearned income	$	10,312,057		$	8,275,710		$	10,051,957			24.6	%		2.6	%
Deposits, by type:
Noninterest-bearing demand	$	1,886,514		$	1,678,923		$	1,910,565			12.4	%		(1.3	%)
Interest-bearing demand		1,658,545			1,624,208			1,649,681			2.1	%		0.5	%
Savings deposits		2,351,041			2,152,771			2,383,533			9.2	%		(1.4	%)
Time deposits		4,380,928			3,355,315			4,202,873			30.6	%		4.2	%
Total Deposits	$	10,277,028		$	8,811,217		$	10,146,652			16.6	%		1.3	%
SHORT-TERM BORROWINGS DETAIL:
Customer repurchase agreements	$	363,561		$	416,883		$	356,440			(12.8	%)		2.0	%
Federal funds purchased		1,183,447			736,376			1,236,941			60.7	%		(4.3	%)
Other		286,636			12,034			172,342			N/M			66.3	%
Total Short-term borrowings	$	1,833,644		$	1,165,293		$	1,765,723			57.4	%		3.8	%

N/M – Not Meaningful

2

FULTON FINANCIAL CORPORATION
CONDENSED CONSOLIDATED INCOME STATEMENTS (UNAUDITED)
dollars in thousands, except per-share data

	Quarter Ended									% Change from						Nine Months Ended
	September 30			September 30			June 30			September 30			June 30			September 30
	2006			2005			2006			2005			2006			2006			2005			% Change
Interest Income:
Interest Income	$	229,101		$	164,070		$	213,206			39.6	%		7.5	%	$	634,959		$	453,489			40.0	%
Interest Expense		103,177			57,585			90,355			79.2	%		14.2	%		271,141			148,833			82.2	%
Net Interest Income		125,924			106,485			122,851			18.3	%		2.5	%		363,818			304,656			19.4	%
Provision for Loan Losses		555			815			875			(31.9	%)		(36.6	%)		2,430			2,340			3.8	%
Net Interest Income after Provision		125,369			105,670			121,976			18.6	%		2.8	%		361,388			302,316			19.5	%
Other Income:
Investment management and trust services		8,887			8,730			9,056			1.8	%		(1.9	%)		27,975			26,715			4.7	%
Service charges on deposit accounts		11,345			10,488			10,892			8.2	%		4.2	%		32,484			29,780			9.1	%
Other service charges and fees		6,693			5,818			6,576			15.0	%		1.8	%		19,923			18,519			7.6	%
Gain on sale of mortgage loans		5,480			7,586			5,187			(27.8	%)		5.6	%		15,439			19,533			(21.0	%)
Investment securities gains		1,450			905			1,409			60.2	%		2.9	%		5,524			5,638			(2.0	%)
Other		3,057			2,636			2,882			16.0	%		6.1	%		8,176			10,148			(19.4	%)
Total Other Income		36,912			36,163			36,002			2.1	%		2.5	%		109,521			110,333			(0.7	%)
Other Expenses:
Salaries and employee benefits		55,048			46,761			53,390			17.7	%		3.1	%		158,367			136,294			16.2	%
Net occupancy expense		9,260			7,459			9,007			24.1	%		2.8	%		26,856			21,506			24.9	%
Equipment expense		3,703			3,203			3,495			15.6	%		6.0	%		10,791			9,161			17.8	%
Data processing		3,057			3,100			3,165			(1.4	%)		(3.4	%)		9,131			9,590			(4.8	%)
Advertising		2,934			1,995			3,027			47.1	%		(3.1	%)		8,214			6,244			31.6	%
Intangible amortization		2,025			1,510			2,006			34.1	%		0.9	%		5,883			3,857			52.5	%
Other		16,398			17,509			16,703			(6.3	%)		(1.8	%)		51,992			46,902			10.9	%
Total Other Expenses		92,425			81,537			90,793			13.4	%		1.8	%		271,234			233,554			16.1	%
Income Before Income Taxes		69,856			60,296			67,185			15.9	%		4.0	%		199,675			179,095			11.5	%
Income Taxes		21,514			18,168			20,484			18.4	%		5.0	%		60,753			53,927			12.7	%
Net Income	$	48,342		$	42,128		$	46,701			14.8	%		3.5	%	$	138,922		$	125,168			11.0	%
SHARE AND PER-SHARE INFORMATION:
Net income:
Basic	$	0.28		$	0.26		$	0.27			7.7	%		3.7	%	$	0.80		$	0.76			5.3	%
Diluted		0.28			0.25			0.27			12.0	%		3.7	%		0.80			0.75			6.7	%
Cash dividends	$	0.1475		$	0.138		$	0.1475			6.9	%		—		$	0.433		$	0.402			7.7	%
Book value		8.63			7.76			8.31			11.3	%		3.9	%
Tangible book value		4.82			5.03			4.48			(4.3	%)		7.6	%
Weighted average shares (basic)		173,439			164,656			173,449			5.3	%		—			172,595			164,034			5.2	%
Weighted average shares (diluted)		175,390			166,611			175,484			5.3	%		(0.1	%)		174,689			166,049			5.2	%
Shares outstanding, end of period		173,493			164,801			173,279			5.3	%		0.1	%
SELECTED FINANCIAL RATIOS:
Return on average assets		1.31	%		1.37	%		1.32	%								1.32	%		1.44	%
Return on average equity		13.26	%		13.06	%		13.01	%								13.04	%		13.45	%
Return on average equity (tangible)		25.14	%		20.60	%		24.87	%								24.34	%		20.44	%
Net interest margin		3.85	%		3.91	%		3.90	%								3.88	%		3.93	%
Efficiency ratio		55.04	%		55.46	%		55.37	%								55.72	%		55.14	%

3

FULTON FINANCIAL CORPORATION
CONDENSED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
dollars in thousands

	Quarter Ended
	September 30, 2006									September 30, 2005									June 30, 2006
	Balance			Interest (1)			Rate (1)			Balance			Interest (1)			Rate (1)			Balance			Interest (1)			Rate (1)
ASSETS
Interest-earning assets:
Loans and leases	$	10,167,362		$	194,379			7.59	%	$	8,186,974		$	136,143			6.60	%	$	9,846,025		$	181,019			7.37	%
Taxable investment securities		2,309,644			25,323			4.39	%		2,016,879			18,863			3.74	%		2,242,945			23,564			4.20	%
Tax-exempt investment securities		449,181			5,496			4.89	%		387,233			4,761			4.92	%		430,246			5,200			4.83	%
Equity securities		155,894			1,834			4.69	%		139,097			1,369			3.92	%		152,210			1,740			4.58	%
Total Investment Securities		2,914,719			32,653			4.48	%		2,543,209			24,993			3.93	%		2,825,401			30,504			4.32	%
Loans held for sale		227,038			4,224			7.44	%		314,145			4,955			6.31	%		222,103			4,005			7.21	%
Other interest-earning assets		54,424			695			5.03	%		62,406			542			3.43	%		50,422			593			4.69	%
Total Interest-earning Assets		13,363,543			231,951			6.90	%		11,106,734			166,633			5.97	%		12,943,951			216,121			6.70	%
Noninterest-earning assets:
Cash and due from banks		329,482									370,531									335,009
Premises and equipment		187,876									164,447									183,587
Other assets		859,800									637,682									862,739
Less: allowance for loan losses		(107,090	)								(94,527	)								(106,727	)
Total Assets	$	14,633,611								$	12,184,867								$	14,218,559
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing liabilities:
Demand deposits	$	1,689,386		$	6,529			1.53	%	$	1,586,338		$	4,169			1.04	%	$	1,672,116		$	6,008			1.44	%
Savings deposits		2,385,811			14,257			2.37	%		2,162,030			7,640			1.40	%		2,386,287			12,363			2.08	%
Time deposits		4,294,731			46,255			4.27	%		3,301,661			26,671			3.20	%		4,082,429			40,625			3.99	%
Total Interest-bearing Deposits		8,369,928			67,041			3.18	%		7,050,029			38,480			2.17	%		8,140,832			58,996			2.91	%
Short-term borrowings		1,730,970			21,697			4.92	%		1,115,122			8,655			3.05	%		1,602,894			18,427			4.56	%
Long-term debt		1,093,815			14,439			5.24	%		955,096			10,450			4.34	%		1,010,744			12,932			5.13	%
Total Interest-bearing Deposits		11,194,713			103,177			3.65	%		9,120,247			57,585			2.50	%		10,754,470			90,355			3.36	%
Noninterest-bearing liabilities:
Demand deposits		1,811,264									1,651,787									1,850,991
Other		181,322									133,704									173,213
Total Liabilities		13,187,299									10,905,738									12,778,674
Shareholders’ equity		1,446,312									1,279,129									1,439,885
Total Liabilities and Shareholders’ Equity	$	14,633,611								$	12,184,867								$	14,218,559
Net interest income/net interest margin (fully taxable equivalent)					128,774			3.85	%					109,048			3.91	%					125,766			3.90	%
Tax equivalent adjustment					(2,850	)								(2,563	)								(2,915	)
Net interest income				$	125,924								$	106,485								$	122,851

(1) Presented on a tax-equivalent basis using a 35% Federal tax rate.

AVERAGE LOANS AND DEPOSITS DETAIL:

	Quarter Ended						% Change from
	September 30		September 30		June 30		September 30			June 30
	2006		2005		2006		2005			2006
Loans, by type:
Commercial — industrial and financial	$	2,587,869	$	2,046,919	$	2,466,241		26.4	%		4.9	%
Commercial — agricultural		337,660		323,216		325,409		4.5	%		3.8	%
Real estate — commercial mortgage		3,113,086		2,725,748		3,039,417		14.2	%		2.4	%
Real estate — residential mortgage and home equity		2,108,792		1,751,744		2,044,876		20.4	%		3.1	%
Real estate — construction		1,412,678		756,102		1,373,038		86.8	%		2.9	%
Consumer		527,915		515,327		520,791		2.4	%		1.4	%
Leasing and other		79,362		67,918		76,253		16.8	%		4.1	%
Total Loans, net of unearned income	$	10,167,362	$	8,186,974	$	9,846,025		24.2	%		3.3	%
Deposits, by type:
Noninterest-bearing demand	$	1,811,264	$	1,651,789	$	1,850,991		9.7	%		(2.1	%)
Interest-bearing demand		1,689,386		1,586,338		1,672,117		6.5	%		1.0	%
Savings deposits		2,385,811		2,162,030		2,386,287		10.4	%		—
Time deposits		4,294,731		3,301,658		4,082,428		30.1	%		5.2	%
Total Deposits	$	10,181,192	$	8,701,815	$	9,991,823		17.0	%		1.9	%
SHORT-TERM BORROWINGS DETAIL:
Customer repurchase agreements	$	334,759	$	387,936	$	357,385		(13.7	%)		(6.3	%)
Federal funds purchased		1,143,445		652,743		1,072,560		75.2	%		6.6	%
Other		252,766		74,443		172,949		239.5	%		46.2	%
Total Short-term borrowings	$	1,730,970	$	1,115,122	$	1,602,894		55.2	%		8.0	%

4

FULTON FINANCIAL CORPORATION
CONDENSED AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)
dollars in thousands

	Nine Months Ended September 30
	2006									2005
	Balance			Interest (1)			Rate (1)			Balance			Interest (1)			Rate (1)
ASSETS
Interest-earning assets:
Loans and leases	$	9,750,452		$	537,281			7.37	%	$	7,847,559		$	376,095			6.41	%
Taxable investment securities		2,246,672			71,426			4.24	%		1,989,612			55,301			3.71	%
Tax-exempt investment securities		438,510			15,881			4.83	%		354,734			13,243			4.98	%
Equity securities		151,078			5,132			4.53	%		131,692			4,060			4.12	%
Total Investment Securities		2,836,260			92,439			4.35	%		2,476,038			72,604			3.91	%
Loans held for sale		216,295			11,688			7.21	%		243,391			10,973			6.01	%
Other interest-earning assets		56,045			1,950			4.63	%		46,432			1,066			3.05	%
Total Interest-earning Assets		12,859,052			643,358			6.69	%		10,613,420			460,738			5.80	%
Noninterest-earning assets:
Cash and due from banks		340,885									345,480
Premises and equipment		183,112									155,253
Other assets		836,754									587,533
Less: allowance for loan losses		(105,291	)								(92,089	)
Total Assets	$	14,114,512								$	11,609,597
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing liabilities:
Demand deposits	$	1,676,087		$	18,112			1.44	%	$	1,522,366		$	10,448			0.92	%
Savings deposits		2,348,710			37,181			2.12	%		2,021,169			17,964			1.19	%
Time deposits		4,042,569			120,934			4.00	%		3,105,403			68,980			2.97	%
Total Interest-bearing Deposits		8,067,366			176,227			2.92	%		6,648,938			97,392			1.96	%
Short-term borrowings		1,607,946			55,430			4.56	%		1,178,061			23,393			2.63	%
Long-term debt		1,033,706			39,484			5.11	%		828,427			28,048			4.53	%
Total Interest-bearing Liabilities		10,709,018			271,141			3.38	%		8,655,426			148,833			2.30	%
Noninterest-bearing liabilities:
Demand deposits		1,809,545									1,576,695
Other		171,391									133,628
Total Liabilities		12,689,954									10,365,749
Shareholders’ equity		1,424,558									1,243,848
Total Liabilities and Shareholders’ Equity	$	14,114,512								$	11,609,597
Net interest income/net interest margin (fully taxable equivalent)					372,217			3.88	%					311,905			3.93	%
Tax equivalent adjustment					(8,399	)								(7,249	)
Net interest income				$	363,818								$	304,656

(1) Presented on a tax-equivalent basis using a 35% Federal tax rate.

AVERAGE LOANS AND DEPOSITS DETAIL:

	Nine Months Ended
	September 30
	2006		2005		% Change
Loans, by type:
Commercial — industrial and financial	$	2,445,367	$	2,007,730		21.8	%
Commercial — agricultural		330,368		323,244		2.2	%
Real estate — commercial mortgage		3,033,010		2,568,766		18.1	%
Real estate — residential mortgage and home equity		2,026,406		1,693,731		19.6	%
Real estate — construction		1,317,274		695,729		89.3	%
Consumer		522,396		493,681		5.8	%
Leasing and other		75,631		64,678		16.9	%
Total Loans, net of unearned income	$	9,750,452	$	7,847,559		24.2	%
Deposits, by type:
Noninterest-bearing demand	$	1,809,545	$	1,576,695		14.8	%
Interest-bearing demand		1,676,087		1,522,366		10.1	%
Savings deposits		2,348,710		2,021,169		16.2	%
Time deposits		4,042,569		3,105,403		30.2	%
Total Deposits	$	9,876,911	$	8,225,633		20.1	%
SHORT-TERM BORROWINGS DETAIL:
Customer repurchase agreements	$	358,079	$	388,517		(7.8	%)
Federal funds purchased		1,084,901		706,132		53.6	%
Other		164,966		83,412		97.8	%
Total Short-term borrowings	$	1,607,946	$	1,178,061		36.5	%

5

FULTON FINANCIAL CORPORATION
ASSET QUALITY INFORMATION (UNAUDITED)
dollars in thousands

	Quarter Ended									Nine Months Ended
	September 30			September 30			June 30			September 30
	2006			2005			2006			2006			2005
ALLOWANCE FOR LOAN LOSSES:
Balance at beginning of period	$	106,544		$	90,402		$	106,195		$	92,847		$	89,627
Loans charged off		(1,068	)		(1,625	)		(1,679	)		(4,247	)		(5,104	)
Recoveries of loans previously charged off		1,391			1,236			1,153			3,401			3,965
Net loans recovered (charged-off)		323			(389	)		(526	)		(846	)		(1,139	)
Provision for loan losses		555			815			875			2,430			2,340
Allowance purchased		—			3,108			—			12,991			3,108
Balance at end of period	$	107,422		$	93,936		$	106,544		$	107,422		$	93,936
Net (recoveries) charge-offs to average loans (annualized)		(0.01	%)		0.02	%		0.02	%		0.01	%		0.02	%
NON-PERFORMING ASSETS:
Non-accrual loans	$	26,591		$	30,669		$	26,299
Accruing loans 90+ days overdue		16,704			13,350			13,421
Other real estate owned		3,489			4,042			3,125
Total non-performing assets	$	46,784		$	48,061		$	42,845
ASSET QUALITY RATIOS:
Non-accrual loans to total loans		0.26	%		0.37	%		0.26	%
Non-performing assets to total loans and OREO		0.45	%		0.58	%		0.43	%
Non-performing assets to total assets		0.31	%		0.39	%		0.29	%
Allowance for loan losses to loans outstanding		1.04	%		1.14	%		1.06	%
Allowance/nonperforming loans		248	%		213	%		268	%

6