TCF Financial 8-K Third Quarter 2006 Investor Presentation

Exhibit 99.1

TCF Financial Corporation

Third Quarter 2006 Investor Presentation

The leader in convenience banking

1.)Corporate Profile

At September 30, 2006

•$14.3 billion financial holding company headquartered in Minnesota

•43rd largest¹ U.S. based bank by asset size

•36th largest¹ based on market cap

•459 bank branches, 141 branches opened since January 1, 2001

•22nd largest branch network²

•1,720 ATMs free to TCF customers; 1,216 off-site

•11th largest issuer of VISA^® Classic debit cards³

•18th largest bank-owned equipment finance/leasing company in the U.S.⁴

•ROA⁵ 1.83%;  ROE⁵ 26.04%;  ROTE^5,6 31.06%

•1,673,680 checking accounts

¹  Source:  CapitalBridge; 6/30/06

²  Source: SNL Financial, LC; 3Q06

³  Source: VISA; 2Q06; ranked by sales volume

⁴  Source: Equipment Leasing Association; 7/06

⁵   Annualized

⁶  Excludes the impact of intangibles (see reconciliation slide in the appendix)

2.)Corporate Profile

•Bank branches located in six states

	At 9/30/06	At 1/1/01
Traditional	190	132
Supermarket	257	213
Campus	12	7
Total	459	352

	At 9/30/06	At 1/1/01
Minnesota	107	84
Illinois	203	167
Michigan	63	56
Colorado	44	12
Wisconsin	36	32
Indiana	6	1
Total	459	352

3.)What Makes TCF Different

•Convenience

TCF banks a large and diverse customer base by offering a host of convenient banking services:

•Open seven days a week, 364 days/year

•Traditional, supermarket and campus branches

•1,720 free ATMs

•Free debit cards

•No purchase-fee gift cards

•Phone banking

•TCF Totally Free Online^SM banking

•De Novo Expansion

TCF is increasing its market share through de novo expansion:

•Opening new branches

•Arizona

•Starting new businesses

•Offering new products and services

4.)What Makes TCF Different

•Power Assets^® and Power Liabilities^®

Power Assets^® (consumer loans, commercial real estate and business loans, and leasing and equipment finance) and Power Liabilities^® (checking, savings, money market and certificates of deposit accounts) are growing and contribute a high percentage of TCF’s profits.

•Credit Quality

TCF is primarily a secured lender, emphasizing credit quality over asset growth.

5.)Share Repurchase Program

•Repurchased 3.4 million shares of common stock during the first nine months of 2006 at an average cost of $25.71 per share

•At 9/30/06, 3.3 million shares remain available to purchase under board authorizations

6.)Return of Net Income to Stockholders

($ millions)

	Net		Dividends		Stock				% of Net
	Income		Paid		Repurchase		Total		Income
2002	$	232.9	$	86.5	$	148.0	$	234.5	101	%
2003	215.9		93.0		150.4		243.4		113
2004	255.0		104.0		116.1		220.1		86
2005	265.1		114.5		93.5		208.0		78
20061	191.2		91.3		87.4		178.7		93
Total	$	1,160.1	$	489.3	$	595.4	$	1,084.7	94	%

¹Year-to-date

7.)Consumer Home Equity Lending +15%*

($ millions)

	12/02		12/03		12/04		12/05		9/06
Total	$	2,955	$	3,588	$	4,382	$	5,149	$	5,739

*Twelve-month growth rate

8.)Consumer Home Equity Loans

At September 30, 2006

•78% amortizing loans, 22% lines of credit

•64% are 1st mortgages, 36% are 2nd mortgages

•73% fixed rate and 27% variable rate (prime based)

•Average home value of $236,158¹

•Yield 7.45%

•Over-30-day delinquency rate .44%²

•Net charge-offs: 2006 = .10%³, 2005 = .10%, 2004 = .09%

•Average FICO score 721

¹Based on most recent appraisal values known to TCF

²Excludes non-accrual loans

³Annualized

9.)Commercial Lending +11%*

($ millions)

	12/02		12/03		12/04		12/05		9/06
Commercial Business	$	440.1	$	427.7	$	424.1	$	435.2	$	546.5
Commercial Real Estate	1,835.8		1,916.7		2,154.4		2,297.5		2,414.1
Total	$	2,276	$	2,344	$	2,579	$	2,733	$	2,961

*Twelve-month growth rate

10.)Commercial Loans

At September 30, 2006

•Commercial real estate

•24% retail services

•23% apartment loans

•18% office buildings

•Commercial business -- $547 million

•Yield 6.88%

•Over-30-day delinquency rate .17%¹

•Net charge-offs/(recoveries): 2006 = .02%², 2005 = (.08)% , 2004 = .03%

•Approximately 98% of all commercial loans secured

•CRE location mix: 94% TCF Markets, 6% Other

¹Excludes non-accrual loans

²Annualized

11.)Leasing and Equipment Finance¹ +24%*

($ millions)

	12/02		12/03		12/04		12/05		9/06
Leasing and Equipment Finance	$	1,047	$	1,162	$	1,389	$	1,560	$	1,808

¹Includes operating leases

*Twelve-month growth rate

12.)Leasing and Equipment Finance

At September 30, 2006

•37th largest equipment finance/leasing company in the U.S.¹

•18th largest bank-owned equipment finance/leasing company in the U.S.²

•Equipment type

•35% manufacturing and construction

•18% specialty vehicle

•14% medical

•13% technology and data processing

•20% other

•Yield 7.68%

•YTD originations: 2006 = $777.0 million, 2005= $574.8 million

•Uninstalled backlog of $282.1 million; up $33 million from year-end 2005

•Over-30-day delinquency rate .51%³

•Net charge-offs: 2006 = .27%⁴, 2005 = 1.50%⁵, 2004 = .43%

¹Source: Equipment Leasing Association; 6/06

²Source: Equipment Leasing Association; 7/06

³Excludes non-accrual loans and leases

⁴Annualized

⁵Net charge-offs excluding leveraged lease were .18%

13.)Allowance for Loan & Lease Losses

($ millions)

	12/02			12/03			12/04			12/05			9/06
Allowance for Loan & Lease Losses	$	77.0		$	76.6		$	79.9		$	60.4		$	59.7
Net Charge-offs (NCO)	$	20.0		$	12.9		$	9.5		$	24.5		$	8.2
As a % of Loans & Leases:
Allowance	.95		%	.92		%	.85		%	.59		%	.54		%
NCO	.25		%	.16		%	.11		%	.25		%1	.10		%2
Coverage Ratio	3.8		X	5.9		X	8.4		X	2.5		X	5.4		X2

¹Net charge-offs excluding leveraged lease were .06%

²Annualized

14.)Delinquencies (Over 30-Day)¹

(Percent)

($ millions)

	12/02			12/03			12/04			12/05			9/06
Delinquencies	.57		%	.47		%	.37		%	.43		%	.45		%
Delinquencies	$	46.3		$	38.7		$	34.4		$	43.6		$	49.7

¹Excludes non-accrual loans and leases

15.)Non-Performing Assets

($ millions)

	12/02			12/03			12/04			12/05			9/06
Non-Accrual Loans and Leases	$	43.6		$	35.4		$	46.9		$	29.7		$	27.2
Real Estate Owned	26.6			33.5			17.2			17.7			27.9
Total	$	70.2		$	68.9		$	64.1		$	47.4		$	55.1
Reserves/NAs:	176		%	216		%	170		%	204		%	219		%
NPAs/Assets:	.58		%	.61		%	.52		%	.35		%	.39		%

16.)Checking Accounts +6%*

(000s)

	12/02	12/03	12/04	12/05	9/06
Supermarket Branches	549	608	652	678	700
Traditional & Campus Branches	789	836	883	925	974
Total	1,338	1,444	1,535	1,603	1,674

*Year-to-date growth rate (annualized)

17.)Banking Fees and Other Revenue¹ +6%*

($ millions)

	2002		2003		2004		2005		2006
First Quarter	$	72.7	$	82.1	$	87.7	$	88.2	$	94.4
Second Quarter	84.7		92.8		104.5		100.1		106.7
Third Quarter	87.7		94.3		103.0		104.7		108.3
Fourth Quarter	91.3		90.8		99.1		101.1		-
Total	$	336	$	360	$	394	$	394	$	309

¹Consisting of fees and service charges, card revenue, ATM revenue, and investments and insurance revenue

*Year-to-date growth rate (‘06 vs. ‘05)

18.)Retail Checking Deposits +3%*

($ millions)

	12/02			12/03			12/04			12/05			9/06
Supermarket Branches	$	695		$	829		$	1,000		$	1,125		$	1,145
Traditional & Campus Branches	1,903			2,146			2,565			2,815			2,850
Total	$	2,598		$	2,975		$	3,565		$	3,940		$	3,995
Average Rate:	.05		%	.01		%	.22		%	.74		%	.87		%

*Twelve-month growth rate

19.)Total Deposits +11%*

Quarterly Average Balances

($ millions)

	9/30/06				9/30/05
Non-interest bearing checking	$		2,300		$	2,366
Premier checking	1,022				695
Other int. bearing checking	841				1,004
Subtotal	4,163				4,065
Premier savings	943				437
Other savings	1,359				1,649
Subtotal	2,302				2,086
Money market	610				632
Certificates	2,431				1,771
Total	$	9,506			$	8,554
Average Rate:	2.22			%	1.23		%

*   Annual growth rate

20.)Premier Checking & Savings Deposits + 74%*

Quarterly Average Balances

($ 000s)

	9/30/05			12/31/05			3/31/06			6/30/06			9/30/06
Premier Savings	$	437		$	640		$	780		$	856		$	943
Premier Checking	695			828			938			1,001			1,022
Total	$	1,132		$	1,468		$	1,718		$	1,857		$	1,965
Average Rate:	2.87		%	3.27		%	3.38		%	3.57		%	3.77		%
1-month LIBOR spread	(.73		)	(.90		)	(1.23		)	(1.52		)	(1.58		)

*Twelve-month growth rate

21.)Card Revenue +17%*

($ millions)

	2002			2003			2004			2005			2006
First Quarter	$	10.2		$	13.2		$	13.5		$	17.6		$	21.3
Second Quarter	11.8			14.8			16.0			19.8			22.9
Third Quarter	12.1			12.9			16.3			21.0			24.4
Fourth Quarter	13.1			12.1			17.7			21.4			-
Total	$	47.2		$	53.0		$	63.5		$	79.8		$	68.6
Sales Volume:	$	3,216		$	3,899		$	4,735		$	5,673		$	4,778	1
Avg. Off-line Interchange Rate:	1.55		%	1.43		%	1.40		%	1.43		%	1.46		%1

*Year-to-date growth rate (‘06 vs. ‘05)

¹Year-to-date

22.)Card Revenue

•11th largest issuer of VISA^® Classic debit cards¹

•15th largest issuer of VISA^® Commercial debit cards¹

•20th largest overall issuer of VISA^® cards¹

•13% increase in sales volume²

•Number of active accounts up 38,600, or 5%², to 807,994

•16.5 transactions per month on active cards, up 7%²

¹   Source: VISA; 2Q06; ranked by sales volume

²  3Q06 vs. 3Q05

23.)Small Business Checking Deposits

($ millions)

	12/02		12/03		12/04		12/05		9/06
Small Business Checking Deposits	$	380	$	461	$	546	$	607	$	624
# of Accounts	91,385		102,557		113,605		122,956		132,288

24.)Small Business Services and Products

At September 30, 2006

•$624 million in 0% interest checking account deposits

•Small business loans up to $500,000; small business administration loans up to $150,000; home equity loans up to $500,000

•100,139 TCF Business Check Cards^SM

•Introduced TCF Miles Plus Business Check Card^SM loyalty program in April 2005

•TCF Personal Pay Day^® - employee benefit package (checking, savings, loan discounts, etc.) through participating businesses

25.)Total New Branches

Branches opened since January 1, 2001

	12/01		12/02		12/03		12/04		12/05		9/06		12/06 Projected
Supermarket Branches	20		35		40		51		58		63		63
Traditional and Campus Branches	5		17		31		50		71		78		86
Total	25		52		71		101		129		141		149
# of Branches Opened	27		27		19		30		28		12		20
Percent of Total	7	%	13	%	18	%	23	%	28	%	31	%	33	%

26.)New Traditional Branch Model - - Net Income

($ 000s)

	Year of Existence
	1			2			3			4		5		6		7		8		9		10
Net Income1	$	(386	)	$	(103	)	$	(5	)	$	182	$	237	$	355	$	417	$	450	$	556	$	645

Traditional branch capital expenditure $3.5 million

¹       Includes deposits and consumer lending

27.)New Branch Total Deposits +55%*

Branches opened since January 1, 2001

($ millions)

	12/01		12/02		12/03		12/04		12/05		9/06
Deposits	$	24	$	142	$	238	$	442	$	980	$	1,314

*      Twelve-month growth rate

28.)New Branch Total Checking Accounts +31%*

Branches opened since January 1, 2001

(000s)

	12/01	12/02	12/03	12/04	12/05	9/06
Checking Accounts	29	60	103	158	214	269

*      Twelve-month growth rate

29.)New Branch Banking Fees & Other Revenue¹ +27%*

Branches opened since January 1, 2001

($ millions)

	2001		2002		2003		2004		2005		2006
First Quarter	$	-	$	1.1	$	3.1	$	6.3	$	10.9	$	15.4
Second Quarter	.1		1.7		4.2		9.9		13.8		18.6
Third Quarter	.3		2.1		4.9		10.6		15.0		19.1
Fourth Quarter	.8		2.9		5.5		11.2		15.3		-
Total	$	1.2	$	7.8	$	17.7	$	38.0	$	55.0	$	53.1

¹       Consisting of fees and service charges, card revenue, ATM revenue, and investments and insurance revenue

*      Twelve-month growth rate

30.)New Branch Consumer Loans +47%*

Branches opened since January 1, 2001

($ millions)

	12/01		12/02		12/03		12/04		12/05		9/06
Consumer Loans	$	9	$	62	$	156	$	305	$	459	$	605

*      Twelve-month growth rate

31.)Campus Banking

At September 30, 2006

•Alliances with the University of Minnesota and the University of Michigan plus nine other colleges, including the latest agreements with DePaul University in Chicago, Milwaukee Area Technical College and Northern Michigan University

•Multi-purpose campus card serves as a school identification card, ATM card, library card, security card, health care card, phone card, stored value card for vending machines, laundry, etc.

•Ranked 6th largest in number of campus card banking relationships in the U.S.¹

•105,147 total checking accounts

•$212.1 million in total deposits

¹       Source: CR80News 2006 Banking Partner Survey

32.)New Products and Services

•TCF Visa^® Gift Cards

•Merchant Gift Cards

•TCF MILES PLUS^SM Card Loyalty Programs

•Premier (Retail)

•Small Business

•TCF Check Cashing^SM and Money Transfers

•Electronic Statement Delivery

•TCF Express Check Conversion

•TCF Express Remote Deposit

•Medical Equipment Leasing

33.)Financial Highlights

34.)Dividend History

	1996			1997			1998			1999			2000			2001			2002			2003			2004			2005			2006
Dividends Paid	$	.18		$	.23		$	.31		$	.36		$	.41		$	.50		$	.58		$	.65		$	.75		$	.85		$	.69	2
Dividend Payout Ratio:	30		%	28		%	35		%	36		%	35		%	37		%	37		%	43		%	40		%	43		%	45		%

10-year compounded annual growth rate of 18% is the 4th highest among the 50 largest banks in the country¹

¹       Source:  CapitalBridge

²       Year-to-date

35.)Financial Highlights

($ millions, except per-share data)

	Year-to-Date
	2006			2005			Change
Net Interest Income	$	401.6		$	388.4		3.4	%
Fees & Other Revenue:
Banking	309.4			292.9			5.6
Other	61.2			49.7			23.1
Total Fees and Other Revenue	370.6			342.6			8.2
Gains on Sales of Securities	-			10.7			(100.0	)
Total Non-Interest Income	370.6			353.3			4.9
Total Revenue	772.2			741.7			4.1
Provision for Credit Losses	7.5			1.4			N.M.
Non-Interest Expense	486.7			452.1			7.7
Net Income	191.2			199.6			(4.2	)
Diluted EPS	$	1.48		$	1.50
ROA1	1.83		%	2.11		%
ROE1	26.04		%	28.32		%
ROTE1, 2	31.06		%	34.11		%

1  Annualized

2  Excludes the impact of intangibles (see reconciliation slide in the appendix)

N.M. Not Meaningful.

36.)Significant Financial Items

($ 000s)

	Year-to-date
	2006		2005		Change
Mortgage-backed Securities Gains	$	-	$	10,671	$	(10,671	)
Land and Building Sales	4,188		10,069		(5,881		)
Sale of Mortgage Servicing Rights	1,601		-		1,601
Total Asset Sale Gains	5,789		20,740		(14,951		)
Commercial Loan Recovery	-		3,322		(3,322		)
Total, pre-tax	$	5,789	$	24,062	$	(18,273	)
Favorable Tax Adjustments	$	5,295	$	5,201	$	94
Total, after-tax	$	9,167	$	21,430	$	(12,263	)
Impact on Diluted EPS	$	.07	$	.16	$	(.09	)

37.)Power Profits^SM

Average Balance ($ millions)

Profit center net income ($ 000s)

			YTD 2006
	Balance		Net Income		%
Commercial Banking	$	2,878	$	18,741	10	%
Consumer Lending	5,450		36,594		19
Leasing and Equipment Finance	1,622		25,694		13
Total Power Assets®	$	9,950	81,029		42
Traditional and Campus Branches (202)	$	7,319	63,314		33
Supermarket Branches (257)	2,049		27,380		14
Total Power Liabilities®	$	9,368	90,694		47
Total Power Assets & Liabilities			171,723		89
Equity and other			19,487		11
Net Income			$	191,210	100	%

38.)Return to Stockholders1 + 17%*

			SNL All
Period Ending	TCF		Bank & Thrift		S&P 500
6/86	$	100.00	$	100.00	$	100.00
9/86	$	92.52	$	88.55	$	99.94
9/87	$	83.16	$	112.29	$	135.41
9/88	$	80.21	$	109.09	$	118.66
9/89	$	121.00	$	144.45	$	157.82
9/90	$	52.84	$	87.76	$	143.24
9/91	$	156.33	$	150.84	$	187.88
9/92	$	215.55	$	192.09	$	208.64
9/93	$	349.94	$	242.52	$	235.77
9/94	$	356.48	$	241.10	$	244.46
9/95	$	541.33	$	317.76	$	317.17
9/96	$	713.82	$	413.57	$	381.66
9/97	$	1,130.44	$	657.10	$	536.03
9/98	$	783.86	$	721.98	$	584.52
9/99	$	1,157.72	$	746.29	$	747.04
9/00	$	1,572.70	$	897.91	$	846.28
9/01	$	1,970.22	$	851.99	$	620.99
9/02	$	1,853.49	$	805.72	$	493.78
9/03	$	2,162.53	$	1,041.02	$	614.24
9/04	$	2,806.94	$	1,190.35	$	699.45
9/05	$	2,552.53	$	1,215.02	$	785.15
9/06	$	2,596.58	$	1,463.11	$	869.87

1  Assumes $100 invested June 18, 1986 with dividends reinvested

*  Annualized return since June 18, 1986

Source:  SNL Financial, LC and S&P

39.)Cautionary Statement

This presentation and other reports issued by the Company, including reports filed with the SEC, may contain “forward-looking” statements that deal with future results, plans or performance. In addition, TCF’s management may make such statements orally to the media, or to securities analysts, investors or others. Forward-looking statements deal with matters that do not relate strictly to historical facts. TCF’s future results may differ materially from historical performance and forward-looking statements about TCF’s expected financial results or other plans and are subject to a number of risks and uncertainties. These include but are not limited to possible legislative changes and adverse economic, business and competitive developments such as shrinking interest margins; deposit outflows; an inability to increase the number of checking accounts and the possibility that deposit account losses (fraudulent checks,etc.) may increase; reduced demand for financial services and loan and lease products; adverse developments affecting TCF’s supermarket banking relationships or any of the supermarket chains in which TCF maintains supermarket branches; changes in accounting standards or interpretations of existing standards; monetary, fiscal or tax policies of the federal or state governments; adverse findings in tax audits or regulatory examinations; changes in credit and other risks posed by TCF’s loan, lease and investment portfolios, including declines in commercial or residential real estate values; changes in regulatory analysis or requirements related to the adequacy of the Allowance for Loan and Leases Losses; imposition of vicarious liability on TCF as lessor in its leasing operations; denial of insurance coverage for claims made by TCF; technological, computer-related or operational difficulties or loss or theft of information; adverse changes in securities markets; and results of litigation, including reductions in card revenues resulting from litigation brought by various merchants or merchant organizations against Visa; or other significant uncertainties. Investors should consult TCF’s Annual Report on Form 10-K, and Forms 10-Q and 8-K for additional important information about the Company.

40.)NYSE: TCB

The Leader In Convenience Banking

Stock Price Performance

(In Dollars)

Year Ending	Stock Price		Dividends Paid
12/95	$	8.28	$	.15
12/96	$	10.88	$	.18
12/97	$	16.97	$	.23
12/98	$	12.09	$	.31
12/99	$	12.44	$	.36
12/00	$	22.28	$	.41
12/01	$	23.99	$	.50
12/02	$	21.85	$	.58
12/03	$	25.68	$	.65
12/04	$	32.14	$	.75
12/05	$	27.14	$	.85
9/06	$	26.29	$	.92	*

*  Annualized

41.)Appendix

42.)Diluted EPS

	1996		1997		1998		1999		2000		2001		2002		2003		2004		2005		20061
Diluted EPS	$	.60	$	.84	$	.88	$	1.00	$	1.17	$	1.35	$	1.58	$	1.53	$	1.86	$	2.00	$	1.48

1  Year-to-date

43.)Net Income

($ millions)

	2002		2003		2004		2005		20061
First Quarter	$	56.3	$	60.1	$	60.7	$	63.5	$	58.2
Second Quarter	58.0		60.3		65.2		70.6		67.1
Third Quarter	58.9		36.0		61.7		65.5		65.9
Fourth Quarter	59.8		59.5		67.4		65.5		-
Total	$	233	$	216	$	255	$	265	$	191

1  Year-to-date

44.)Net Interest Income

($ millions)

	2002			2003			2004			2005			2006
First Quarter	$	124.5		$	122.4		$	118.4		$	129.1		$	131.2
Second Quarter	124.3			119.8			122.4			131.3			135.4
Third Quarter	123.8			119.9			124.5			128.1			135.0
Fourth Quarter	126.6			119.1			126.5			129.3			-
Total	$	499		$	481		$	492		$	518		$	402
Net Interest Margin:	4.71		%	4.54		%	4.54		%	4.46		%	4.19		%1

1  Year-to-date (annualized)

45.)Risk-Based Capital

($ millions)

	12/02			12/03			12/04			12/05			9/06
Actual	$	851		$	842		$	959		$	1,050		$	1,163
Well Capitalized Requirement	$	777		$	785		$	881		$	983		$	1,038
Tier 1:	9.96		%	9.75		%	9.12		%	8.79		%	8.69		%
Total:	10.95		%	10.73		%	10.88		%	10.68		%	11.20		%
Target (10.6%):	$	832		$	824		$	934		$	1,042		$	1,101
Excess RBC:	$	74		$	57		$	77		$	67		$	124
Excess Over Target:	$	19		$	18		$	25		$	8		$	62

46.)TCF NIM vs. Top 50 Banks¹

(Percent)

	TCF	Top 50 Banks1
2Q01	4.40	3.87
3Q01	4.55	3.87
4Q01	4.74	3.85
1Q02	4.83	4.09
2Q02	4.76	3.93
3Q02	4.68	4.06
4Q02	4.59	3.90
1Q03	4.45	3.80
2Q03	4.45	3.64
3Q03	4.57	3.72
4Q03	4.68	3.70
1Q04	4.52	3.56
2Q04	4.53	3.53
3Q04	4.56	3.53
4Q04	4.56	3.54
1Q05	4.56	3.56
2Q05	4.53	3.56
3Q05	4.43	3.53
4Q05	4.31	3.50
1Q06	4.25	3.50
2Q06	4.22	3.46

	2Q01		2Q06		Change
TCF	4.40	%	4.22	%	(18	) bps
Top 50 Banks1	3.87	%	3.46	%	(41	) bps
Difference	53	bps	76	bps	23	bps

¹   Source: CapitalBridge

47.)One Year Interest Rate Gap

($ millions)

	12/02			12/03			12/04			12/05			9/06
Adjusted Gap	$	1,110		$	161		$	585		$	318		$	(661	)
% of Total Assets	9.1		%	1.0		%	4.7		%	2.4		%	(4.6		)%

48.)Power Asset Geographic Profile

($ millions)

			Commercial
	Consumer		Real Estate		Leasing &
	Home Equity		& Commercial		Equipment
At September 30, 2006:	& Other		Business		Finance		Total
Minnesota	$	2,270	$	798	$	69	$	3,137
Illinois	1,679		609		60		2,348
Michigan	1,019		838		85		1,942
Wisconsin	493		451		39		983
Colorado	260		40		37		337
Indiana	16		28		35		79
Other	44		197		1,412		1,653
Total	$	5,781	$	2,961	$	1,737	$	10,479

49.)Consumer Home Equity and Commercial Loans

Quarterly Average Balances

($ millions)

							Change
							Inc./(Dec.)
	9/30/06			9/30/05			$			%
Consumer Home Equity:
Variable-rate	$	1,585		$	2,393		$	(808	)	(34	)%
Yield	8.91		%	7.22		%	169		bps
Fixed-rate	$	4,028		$	2,455		$	1,573		64	%
Yield	6.87		%	6.68		%	19		bps
Commercial:
Variable-rate	$	1,113		$	1,170		$	(57	)	(5	)%
Yield	7.84		%	6.20		%	164		bps
Fixed- and adjustable-rate	$	1,842		$	1,484		$	358		24	%
Yield	6.29		%	6.14		%	15		bps

50.)Customer Payment Activity

Transaction Volume

(millions)

			% Increase/
	YTD 3Q06	YTD3Q05	Decrease
Checks	70.1	80.1	(12.5	)%
ACH	25.9	21.3	21.5	%
ATM	24.8	25.2	(1.5	)%
Debit Card Purchases	131.0	115.0	13.9	%

51.)Net Charge-Offs by Business Line

									YTD1
	2002		2003		2004		2005		2006
Consumer	.15	%	.10	%	.08	%	.11	%	.11	%
Commercial real estate	.12		.07		.02		-		.01
Commercial business	1.35		.18		.04		(.51	)	.08
Leasing and equipment finance2	.80		.69		.43		1.50		.27
Residential real estate	-		.01		.01		.01		.02
Total	.25		.16		.11		.25		.10

¹   Annualized

²   NCO’s excluding leveraged lease were .18% for 2005

52.)Reconciliation of GAAP to Non-GAAP Measures¹

($ 000s)

	Year-to-date
	2006			2005
Computation of Return on Equity (ROE):
Net income, as reported	$	191,210		$	199,592
Average stockholders’ equity, as reported	$	978,883		$	939,586
Return on equity	26.04		%	28.32		%
Computation of Return on Tangible Equity (ROTE):
Net income	$	191,210		$	199,592
Amortization of deposit based intangibles, net of any related tax effect	794			796
Net income, adjusted	$	192,004		$	200,388
Average stockholders’ equity	$	978,883		$	939,586
Average goodwill	152,599			152,599
Average deposit base intangible	1,967			3,617
Average tangible equity	$	824,317		$	783,370
Return on tangible equity (ROTE)	31.06		%	34.11		%

¹In contrast to GAAP-basis measures, ROTE excludes the after-tax effect of goodwill and deposit base intangible assets both in the income statement and balance sheet. This allows management to review core operating results and core capital position of the Company. This is consistent with the treatment by bank regulatory agencies which exclude goodwill and deposit base intangible assets from their calculation of risk-based capital.

Glossary of Terms

Coverage Ratio

Period-end allowance for loan and lease losses as a multiple of annualized net charge-offs.

Earnings per Share

Net income available to common shareholders divided by weighted-average common and common equivalent shares outstanding during the period (diluted EPS).

Fees and Other Revenue

Non-interest income excluding title insurance revenues (a business sold in 1999) and gains and losses on sales of securities, loan servicing and businesses.

Net Interest Margin

Annualized net interest income (before provision for credit losses) divided by average interest-earning assets for the period.

Power Assets^®

Higher-yielding consumer, commercial real estate, commercial business, and leasing and equipment finance loans and leases.

Power Liabilities^®

Checking, savings, money market and certificates of deposit.

Return on Average Assets (ROA)

Annualized net income divided by average total assets for the period.

Return on Average Common Equity (ROE)

Annualized net income divided by average common stockholders’ equity for the period.

Return on Average Tangible Common Equity (ROTE)

Annualized net income (excluding the after-tax effect of goodwill and deposit base intangible assets amortization) divided by average tangible common stockholders’ equity for the period.

Tangible Common Stockholders’ Equity

Common stockholders’ equity less goodwill and deposit base intangible assets.