Exhibit 99.1

COMERICA REPORTS FIRST QUARTER 2005 EARNINGS

DETROIT/April 20, 2005 — Comerica Incorporated (NYSE: CMA) today reported first quarter 2005 earnings of $199 million, or $1.16 per diluted share, compared to $207 million, or $1.21 per diluted share, for the fourth quarter 2004 and $162 million, or $0.92 per diluted share, for the first quarter 2004.

(dollar amounts in millions)	1st Qtr ‘05			4th Qtr ‘04			1st Qtr ‘04
Diluted EPS	$	1.16		$	1.21		$	0.92
Net Interest Income	$	460		$	466		$	445
Net Interest Margin		4.00	%		3.96	%		3.83	%
Provision for Loan Losses	$	1		$	(21	)	$	65
Noninterest Income	$	210		$	203		$	220
Noninterest Expenses	$	374		$	380		$	369
Net Income	$	199		$	207		$	162
Return on Equity		15.73	%		16.39	%		12.71	%

“Our first quarter financial results reflect solid loan growth across businesses and geographies, with an increase in average loans of $1 billion, or nearly 10 percent on an annualized basis, compared to the fourth quarter 2004,” said Ralph W. Babb Jr., chairman and chief executive officer. “The results also underscore our focus on credit quality, our ability to effectively manage interest rate risk and our expense discipline.”

Net Interest Income

Net interest income was $460 million for the first quarter 2005, compared to $466 million for the fourth quarter 2004 and $445 million for the first quarter 2004. The $6 million decline in net interest income from the fourth quarter 2004 was impacted by two less days in the first quarter 2005. Average earning assets of $46.6 billion for the first quarter 2005 decreased $373 million from the fourth quarter 2004, or one percent, primarily as a result of a $1.1 billion decrease in short-term investments, partially offset by a $1 billion increase in average loans to $42.2 billion for the first quarter 2005. Average deposits of $39.8 billion for the first quarter 2005 decreased $545 million, or one percent, from the fourth quarter 2004.

The net interest margin increased four basis points from the fourth quarter 2004 to 4.00 percent in the first quarter 2005, due primarily to a greater contribution from noninterest-bearing deposits and the effects of the change in earning asset mix from short-term investments to loans.

Noninterest Income

Noninterest income was $210 million for the first quarter 2005, compared to $203 million for the fourth quarter 2004 and $220 million for the first quarter 2004. Included in other noninterest income in the first quarter 2005 were risk management hedge ineffectiveness losses of $5 million, compared to $3 million of losses in the fourth quarter 2004.

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COMERICA REPORTS FIRST QUARTER 2005 EARNINGS - 2

Noninterest Expenses

Noninterest expenses were $374 million for the first quarter 2005, compared to $380 million for the fourth quarter 2004 and $369 million for the first quarter 2004. Salaries and employee benefits expense increased $3 million in the first quarter 2005 compared to the fourth quarter 2004, primarily due to an increase in pension and other employee benefits, partially offset by a decrease in severance expense. Included in first quarter 2005 noninterest expenses were litigation-related costs of $2 million, compared to a $5 million net credit to litigation-related costs in the fourth quarter 2004. Other noninterest expenses in the first quarter 2005 included interest expense on tax liabilities of $2 million, compared to $8 million for the fourth quarter 2004. Contributions expense, also included in other noninterest expenses, decreased $7 million in the first quarter 2005 compared to the fourth quarter 2004, as a result of high levels of contributions in the fourth quarter 2004, mostly designated for the Comerica Charitable Foundation.

Credit Quality
(dollar amounts in millions)	1st Qtr ‘05			4th Qtr ‘04			1st Qtr ‘04
Net Charge-offs	$	38		$	35		$	70
Net Charge-offs/Average Total Loans		0.36	%		0.34	%		0.69	%
Provision for Loan Losses	$	1		$	(21	)	$	65
Nonperforming Assets (NPAs)	$	311		$	339		$	522
NPAs/Total Loans, Other Real Estate & Nonaccrual Debt Securities		0.75	%		0.83	%		1.30	%
Allowance for Loan Losses	$	636		$	673		$	798
Allowance for Loan Losses/Total Loans		1.52	%		1.65	%		1.99	%
Allowance for Credit Losses on Lending-related Commitments*	$	18		$	21		$	32

* Included in “Accrued expenses and other liabilities” on the consolidated balance sheets.

During the first quarter of 2005, $66 million of loans greater than $2 million were transferred to nonaccrual status, a decrease of $5 million from the fourth quarter of 2004. Nonperforming assets were $311 million at March 31, 2005, a decrease of $28 million from December 31, 2004.

Balance Sheet and Capital Management

Total assets and common shareholders’ equity were $53.5 billion and $5.0 billion, respectively, at March 31, 2005, compared to $51.8 billion and $5.1 billion, respectively, at December 31, 2004. There were approximately 169 million shares outstanding at March 31, 2005, compared to approximately 170 million shares outstanding at December 31, 2004. In the first quarter of 2005, approximately 2.1 million shares were repurchased in the open market for $118 million. Comerica’s first quarter 2005 estimated tier 1 common, tier 1 and total risk-based capital ratios were 8.03 percent, 8.65 percent and 12.45 percent, respectively.

Business Segments

Comerica’s operations are strategically aligned into three major business segments: the Business Bank, Small Business & Personal Financial Services, and Wealth & Institutional Management. The Finance Division also is included as a segment. The financial results below are based on the internal business unit structure of the Corporation and are presented on a fully taxable equivalent (FTE) basis.

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COMERICA REPORTS FIRST QUARTER 2005 EARNINGS — 3

The following table presents net income (loss) by business segment.

(dollar amounts in millions)	1st Qtr ‘05					4th Qtr ‘04					1st Qtr ‘04
Business Bank	$	175		72	%	$	160		75	%	$	162		73	%
Small Business & Personal Financial Services		44		18			40		19			42		19
Wealth & Institutional Management		25		10			12		6			19		8
		244		100	%		212		100	%		223		100	%
Finance		(30	)				(36	)				(39	)
Other*		(15	)				31					(22	)
Total	$	199				$	207				$	162

* Includes items not directly associated with the major business segments or the Finance Division

Net income for the Business Bank was $175 million for the first quarter 2005, compared to $160 million for the fourth quarter 2004. Net interest income (FTE) of $337 million in the first quarter 2005 declined $7 million from the fourth quarter 2004 and was impacted by two less days in the first quarter 2005. Average loans of $33.0 billion increased $921 million, or 12 percent on an annualized basis, compared to the fourth quarter 2004, with all business units except Commercial Real Estate showing an increase in loan balances. Average deposits of $19.9 billion in the first quarter 2005 declined $307 million, compared to the fourth quarter 2004, with a majority of the decrease due to lower deposits in the Financial Services Group, Middle Market Banking and Commercial Real Estate. The net interest margin decreased 14 basis points to 4.12 percent for the first quarter 2005, compared to the fourth quarter 2004. The provision for loan losses declined $9 million as continued improvement in credit quality was partially offset by a higher allocation of the allowance for loan losses for lease financing. Noninterest income of $69 million in the first quarter increased $3 million from the fourth quarter 2004, primarily due to an increase in letter of credit fees. First quarter 2005 noninterest expenses decreased $8 million from the fourth quarter 2004 to $141 million, primarily due to reductions in legal expenses, salaries and benefits, and the provision for credit losses on lending-related commitments.

Net income for Small Business & Personal Financial Services was $44 million for the first quarter 2005, compared to $40 million for the fourth quarter 2004. Net interest income (FTE) of $146 million in the first quarter 2005 declined $3 million from the fourth quarter 2004 and was impacted by two less days in the first quarter 2005. Average loans of $5.8 billion in the first quarter 2005 increased $75 million, or five percent on an annualized basis, compared to the fourth quarter 2004, primarily in Personal Financial Services. Average deposits were $16.8 billion in the first quarter 2005 compared to $16.9 billion in the fourth quarter 2004. The net interest margin increased one basis point to 3.52 percent in the first quarter 2005. The provision for loan losses decreased by $2 million due to continued improvement in Small Business credit quality. Noninterest income of $49 million for the first quarter 2005 declined $1 million compared to the fourth quarter 2004. First quarter 2005 noninterest expenses of $126 million decreased $6 million, compared to the fourth quarter 2004, due to lower transaction processing charges and modest decreases in other expense categories.

Net income for Wealth & Institutional Management was $25 million for the first quarter 2005, compared to $12 million for the fourth quarter 2004. Net interest income (FTE) of $36 million in the first quarter 2005 declined $2 million. First quarter 2005 average loans increased $29 million to $3.4 billion, while first quarter 2005 average deposits remained unchanged at $2.5 billion. The net interest margin decreased 14 basis points to 4.34 percent in the first quarter 2005. The provision for loan losses declined $4 million in the first quarter 2005, compared to the fourth quarter 2004, due to improved credit quality in Private Banking. First quarter noninterest income of $80 million increased $9 million, primarily due to increases in fees in the personal trust and investment advisory businesses. First quarter 2005 noninterest expenses of $80 million decreased $8 million as a result of a decline in litigation and operational losses and salaries and benefits.

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COMERICA REPORTS FIRST QUARTER 2005 EARNINGS - 4

Geographic Market Segments

Comerica also provides market segment results for four primary geographic regions: Midwest & Other Markets, Western, Texas and Florida. The financial results below are presented on a FTE basis.

The following table presents net income (loss) by market segment.

(dollar amounts in millions)	1st Qtr ‘05					4th Qtr ‘04					1st Qtr ‘04
Midwest & Other Markets	$	141		58	%	$	121		57	%	$	140		63	%
Western		80		33			67		32			58		26
Texas		20		8			20		9			21		9
Florida		3		1			4		2			4		2
		244		100	%		212		100	%		223		100	%
Finance & Other Businesses		(45	)				(5	)				(61	)
Total	$	199				$	207				$	162

Net income for the Midwest and Other markets was $141 million for the first quarter 2005, compared to $121 million for the fourth quarter 2004. Net interest income (FTE) of $264 million in the first quarter 2005 declined $6 million from the fourth quarter 2004 and was impacted by two less days in the first quarter 2005. Average loans of $23.3 billion for the first quarter 2005 increased $365 million, or six percent on an annualized basis, from the fourth quarter 2004, with increases in Global Corporate Banking and Middle Market Banking, partially offset by a decrease in Commercial Real Estate. Average total deposits of $18.9 billion in the first quarter 2005 decreased $254 million, primarily in Small Business and Commercial Real Estate, offset by an increase in Global Corporate Banking. The net interest margin decreased 10 basis points to 4.56 percent in the first quarter 2005. The provision for loan losses decreased $2 million in the first quarter 2005, compared to the fourth quarter 2004, as continued improvement in credit quality was partially offset by a higher allocation of the allowance for loan losses for lease financing. Noninterest income increased $10 million to $147 million in the first quarter 2005 due to higher personal trust and investment management fees and higher letter of credit fees. Noninterest expenses declined $20 million in the first quarter due to lower salaries and benefits, operational losses, and provision for credit losses on lending-related commitments.

Net income for the Western region was $80 million for the first quarter 2005, compared to $67 million for the fourth quarter 2004. Net interest income (FTE) of $186 million in the first quarter 2005 declined $4 million from the fourth quarter 2004 and was impacted by two less days in the first quarter 2005. Average loans increased $534 million, or 18 percent on an annualized basis, to $12.7 billion in the first quarter 2005, with all business units except Commercial Real Estate showing an increase in loan balances. Average deposits of $16.3 billion declined slightly compared to the fourth quarter 2004, as a decline in the Financial Services Group was substantially offset by an increase in the Entertainment Group. The net interest margin of 4.62 percent was unchanged compared to the fourth quarter 2004. The first quarter 2005 provision for loan losses declined $14 million due to an improvement in credit quality. Noninterest income of $30 million in the first quarter 2005 increased $1 million from the fourth quarter 2004. Noninterest expenses of $91 million decreased $2 million in the first quarter 2005, compared to the fourth quarter 2004. Included in the first quarter 2005 are increased expenses related to nine branches opened in the fourth quarter 2004, including five in December.

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COMERICA REPORTS FIRST QUARTER 2005 EARNINGS – 5

Net income for the Texas region of $20 million for the first quarter 2005 was unchanged, compared to the fourth quarter 2004. Net interest income (FTE) of $59 million in the first quarter 2005 declined $2 million from the fourth quarter 2004 and was impacted by two less days in the first quarter 2005. Average loans of $4.8 billion increased $118 million, or 10 percent on an annualized basis, in the first quarter 2005, primarily due to increases in Energy Lending and Middle Market Banking. Average deposits of $3.7 billion declined $122 million in the first quarter 2005, with all business units except Global Corporate Banking showing decreases in deposit balances. The net interest margin declined 22 basis points to 4.93 percent in the first quarter 2005. The provision for loan losses increased $1 million and noninterest income remained unchanged at $18 million in the first quarter 2005, compared to the fourth quarter 2004. Noninterest expenses decreased $2 million to $43 million in the first quarter 2005, compared to the fourth quarter 2004. Included in the first quarter 2005 are increased expenses related to three branches opened in the fourth quarter 2004.

Net income for the Florida region was $3 million for the first quarter 2005, compared to $4 million for the fourth quarter 2004. Net interest income (FTE) of $10 million in the first quarter 2005 was unchanged compared to the fourth quarter 2004. Average loans of $1.4 billion and average deposits of $300 million in the first quarter 2005 were largely unchanged compared to the fourth quarter 2004. The net interest margin increased five basis points to 2.99 percent in the first quarter 2005, compared to the fourth quarter 2004. First quarter 2005 provision for loan losses increased $1 million, compared to the fourth quarter 2004. Both noninterest income of $4 million and noninterest expenses of $7 million were unchanged in the first quarter 2005, compared to the fourth quarter 2004.

Conference Call and Webcast

Comerica will host a conference call to review first quarter 2005 financial results at 8 a.m. ET Wednesday, April 20, 2005. Interested parties may access the conference call by calling (706) 679-5261 (event ID No. 4976890). The call and supplemental financial information can also be accessed via a Webcast at www.comerica.com. A replay of the conference call will be available approximately two hours following the call through Friday, May 20, 2005. The conference call replay can be accessed by calling (800) 642-1687 or (706) 645-9291 (event ID No. 4976890). A replay of the Webcast can also be accessed via Comerica’s “Investor Relations” page at www.comerica.com.

Comerica Incorporated is a financial services company headquartered in Detroit, strategically aligned into three major business segments: the Business Bank, Small Business & Personal Financial Services, and Wealth & Institutional Management. Comerica focuses on relationships and helping businesses and people to be successful. To receive e-mail alerts of breaking Comerica news, go to www.comerica.com/newsalerts.

Forward-looking Statement

Any statements in this news release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “anticipates,” “believes,” “feels,” “expects,” “estimates,” “seeks,” “strives,” “plans,” “intends,” “outlook,” “forecast,” “position,” “target,” “mission,” “assume,” “achievable,” “potential,” “strategy,” “goal,” “aspiration,” “outcome,” “continue,” “remain,” “maintain,” “trend,” “objective” and variations of such words and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” “may” or similar expressions, as they relate to the Corporation or its management, are intended to identify forward-looking statements. These forward-looking statements are predicated on the beliefs and assumptions of Comerica’s management based on information known to Comerica’s management as of the date of this news release and do not purport to speak as of any other date. Forward-looking statements may include descriptions of plans and objectives of Comerica’s management for future or past operations, products or services, and forecasts of Comerica’s revenue, earnings or other measures of economic performance, including statements of profitability, business segments and subsidiaries, estimates of credit trends and global stability. Such statements reflect the view of Comerica’s management as of this date with respect to future events and are subject to risks and uncertainties. Should one or more of these risks materialize or should underlying beliefs or assumptions prove incorrect, Comerica’s actual results could differ materially from those discussed. Factors that could cause or contribute to such

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COMERICA REPORTS FIRST QUARTER 2005 EARNINGS – 6

differences are changes in the pace of an economic recovery and related changes in employment levels, the effects of war and other armed conflicts or acts of terrorism, implementation of Comerica’s strategies and business models, management’s ability to maintain and expand customer relationships, changes in the accounting treatment of any particular item, the impact of regulatory examinations, declines or other changes in the businesses or industries in which Comerica has a concentration of loans, including, but not limited to, the automotive industry, the anticipated performance of any new banking branches, the entry of new competitors in Comerica’s markets, changes in the level of fee income, changes in applicable laws and regulations, including those concerning taxes, banking, securities and insurance, changes in trade, monetary and fiscal policies, including the interest rate policies of the Board of Governors of the Federal Reserve System, fluctuations in inflation or interest rates, changes in general economic conditions and related credit and market conditions and adverse conditions in the stock market. Comerica cautions that the foregoing list of factors is not exclusive. Forward-looking statements speak only as of the date they are made. Comerica does not undertake to update forward-looking statements to reflect facts, circumstances, assumptions or events that occur after the date the forward-looking statements are made. For any forward-looking statements made in this news release or in any documents, Comerica claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

Media Contacts:	Investor Contacts:
Sharon R. McMurray	Helen L. Arsenault
(313) 222-4881	(313) 222-2840
Wayne J. Mielke	Paul Jaremski
(313) 222-4732	(313) 222-6317

CONSOLIDATED FINANCIAL HIGHLIGHTS
Comerica Incorporated and Subsidiaries

	Three Months Ended
	March 31,			December 31,			March 31,
(in millions, except per share data)	2005			2004			2004
PER SHARE AND COMMON STOCK DATA
Diluted net income	$	1.16		$	1.21		$	0.92
Cash dividends declared		0.55			0.52			0.52
Common shareholders’ equity (at period end)		29.81			29.94			29.41
Average diluted shares (in thousands)		171,382			172,224			175,987
KEY RATIOS
Return on average common shareholders’ equity		15.73	%		16.39	%		12.71	%
Return on average assets		1.57			1.63			1.28
Average common shareholders’ equity as a percentage of average assets		9.99			9.93			10.04
Tier 1 common capital ratio *		8.03			8.13			8.00
Tier 1 risk-based capital ratio *		8.65			8.77			8.64
Total risk-based capital ratio *		12.45			12.75			12.60
Leverage ratio *		10.51			10.37			10.15
AVERAGE BALANCES
Commercial loans	$	23,248		$	22,563		$	21,716
Real estate construction loans		3,052			3,178			3,354
Commercial mortgage loans		8,315			7,999			7,964
Residential mortgage loans		1,310			1,275			1,226
Consumer loans		2,734			2,721			2,626
Lease financing		1,261			1,259			1,291
International loans		2,235			2,134			2,250
Total loans	$	42,155		$	41,129		$	40,427
Earning assets		46,645			47,018			46,822
Total assets		50,750			51,116			50,738
Interest-bearing deposits		25,662			25,572			26,620
Total interest-bearing liabilities		30,380			30,192			31,726
Noninterest-bearing deposits		14,120			14,755			12,985
Common shareholders’ equity		5,072			5,077			5,096
NET INTEREST INCOME
Net interest income (fully taxable equivalent basis)	$	461		$	467		$	446
Fully taxable equivalent adjustment		1			1			1
Net interest margin		4.00	%		3.96	%		3.83	%
CREDIT QUALITY
Nonaccrual loans	$	269		$	312		$	489
Other real estate		42			27			32
Nonaccrual debt securities		—			—			1
Total nonperforming assets		311			339			522
Loans past due 90 days or more and still accruing		23			15			35
Gross charge-offs		46			55			84
Recoveries		8			20			14
Net charge-offs		38			35			70
Allowance for loan losses as a percentage of total loans		1.52	%		1.65	%		1.99	%
Net loans charged off as a percentage of average total loans		0.36			0.34			0.69
Nonperforming assets as a percentage of total loans, other real estate and nonaccrual debt securities		0.75			0.83			1.30
Allowance for loan losses as a percentage of total nonperforming assets		204			198			153
ADDITIONAL DATA
Goodwill	$	247		$	247		$	247
Core deposit intangible		—			—			1
Other intangibles		1			1			1
Loan servicing rights		19			20			18
Deferred mutual fund distribution costs		7			8			11
Amortization of intangibles		—			—			—

* March 31, 2005 ratios are estimated

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CONSOLIDATED BALANCE SHEETS
Comerica Incorporated and Subsidiaries

	March 31,			December 31,			March 31,
(in millions, except share data)	2005			2004			2004
ASSETS
Cash and due from banks	$	1,835		$	1,139		$	1,661
Short-term investments		3,794			3,230			5,734
Investment securities available-for-sale		3,687			3,943			4,639
Commercial loans		22,780			22,039			21,501
Real estate construction loans		3,035			3,053			3,243
Commercial mortgage loans		8,415			8,236			8,029
Residential mortgage loans		1,335			1,294			1,210
Consumer loans		2,700			2,751			2,626
Lease financing		1,262			1,265			1,268
International loans		2,209			2,205			2,135
Total loans		41,736			40,843			40,012
Less allowance for loan losses		(636	)		(673	)		(798	)
Net loans		41,100			40,170			39,214
Premises and equipment		463			415			378
Customers’ liability on acceptances outstanding		40			57			27
Accrued income and other assets		2,591			2,812			2,815
Total assets	$	53,510		$	51,766		$	54,468
LIABILITIES AND SHAREHOLDERS’ EQUITY
Noninterest-bearing deposits	$	17,216		$	15,164		$	17,208
Interest-bearing deposits		25,490			25,772			26,315
Total deposits		42,706			40,936			43,523
Short-term borrowings		408			193			251
Acceptances outstanding		40			57			27
Accrued expenses and other liabilities		1,043			1,189			977
Medium- and long-term debt		4,283			4,286			4,597
Total liabilities		48,480			46,661			49,375
Common stock — $5 par value:
Authorized - 325,000,000 shares
Issued - 178,735,252 shares at 3/31/05, 12/31/04 and 3/31/04		894			894			894
Capital surplus		433			421			395
Accumulated other comprehensive income (loss)		(154	)		(69	)		92
Retained earnings		4,427			4,331			4,030
Less cost of common stock in treasury - 9,988,453 shares at 3/31/05, 8,259,328 shares at 12/31/04, and 5,576,560 shares at 3/31/04		(570	)		(472	)		(318	)
Total shareholders’ equity		5,030			5,105			5,093
Total liabilities and shareholders’ equity	$	53,510		$	51,766		$	54,468

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CONSOLIDATED STATEMENTS OF INCOME
Comerica Incorporated and Subsidiaries

	Three Months Ended
	March 31,
(in millions, except per share data)	2005		2004
INTEREST INCOME
Interest and fees on loans	$	566	$	496
Interest on investment securities		35		40
Interest on short-term investments		6		7
Total interest income		607		543
INTEREST EXPENSE
Interest on deposits		108		73
Interest on short-term borrowings		3		1
Interest on medium- and long-term debt		36		24
Total interest expense		147		98
Net interest income		460		445
Provision for loan losses		1		65
Net interest income after provision for loan losses		459		380
NONINTEREST INCOME
Service charges on deposit accounts		54		62
Fiduciary income		46		44
Commercial lending fees		12		14
Letter of credit fees		20		15
Foreign exchange income		9		9
Brokerage fees		8		10
Investment advisory revenue, net		10		9
Card fees		9		7
Bank-owned life insurance		9		9
Equity in earnings of unconsolidated subsidiaries		5		3
Warrant income		2		1
Net securities gains		—		5
Other noninterest income		26		32
Total noninterest income		210		220
NONINTEREST EXPENSES
Salaries and employee benefits		236		226
Net occupancy expense		32		30
Equipment expense		14		15
Outside processing fee expense		17		17
Software expense		12		11
Customer services		11		2
Litigation and operational losses		3		8
Other noninterest expenses		49		60
Total noninterest expenses		374		369
Income before income taxes		295		231
Provision for income taxes		96		69
NET INCOME	$	199	$	162
Basic net income per common share	$	1.18	$	0.93
Diluted net income per common share		1.16		0.92
Cash dividends declared on common stock		93		90
Dividends per common share		0.55		0.52

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CONSOLIDATED QUARTERLY STATEMENTS OF INCOME
Comerica Incorporated and Subsidiaries

	First		Fourth			Third			Second		First		First Quarter 2005 Compared To:
	Quarter		Quarter			Quarter			Quarter		Quarter		Fourth Quarter 2004						First Quarter 2004
(in millions, except per share data)	2005		2004			2004			2004		2004		Amount			Percent			Amount			Percent
INTEREST INCOME
Interest and fees on loans	$	566	$	544		$	514		$	500	$	496	$	22			4.0	%	$	70			14.1	%
Interest on investment securities		35		36			36			35		40		(1	)		(3.0	)		(5	)		(12.9	)
Interest on short-term investments		6		11			8			10		7		(5	)		(44.8	)		(1	)		(21.3	)
Total interest income		607		591			558			545		543		16			2.7			64			11.6
INTEREST EXPENSE
Interest on deposits		108		91			79			72		73		17			18.4			35			47.9
Interest on short-term borrowings		3		2			1			—		1		1			127.7			2			329.4
Interest on medium- and long-term debt		36		32			27			25		24		4			12.1			12			45.2
Total interest expense		147		125			107			97		98		22			17.9			49			49.2
Net interest income		460		466			451			448		445		(6	)		(1.4	)		15			3.3
Provision for loan losses		1		(21	)		—			20		65		22			N/M			(64	)		(98.5	)
Net interest income after provision for loan losses		459		487			451			428		380		(28	)		(5.8	)		79			20.7
NONINTEREST INCOME
Service charges on deposit accounts		54		53			57			59		62		1			1.5			(8	)		(12.7	)
Fiduciary income		46		43			43			41		44		3			6.0			2			3.6
Commercial lending fees		12		14			14			13		14		(2	)		(9.2	)		(2	)		(11.1	)
Letter of credit fees		20		17			17			17		15		3			22.8			5			35.3
Foreign exchange income		9		9			9			10		9		—			(2.0	)		—			(9.1	)
Brokerage fees		8		9			9			8		10		(1	)		(12.2	)		(2	)		(15.1	)
Investment advisory revenue, net		10		9			8			9		9		1			11.3			1			17.0
Card fees		9		9			8			8		7		—			(4.5	)		2			20.5
Bank-owned life insurance		9		6			10			9		9		3			36.7			—			1.7
Equity in earnings of unconsolidated subsidiaries		5		1			3			5		3		4			262.7			2			37.0
Warrant income		2		1			1			4		1		1			68.9			1			119.1
Net securities gains (losses)		—		—			(6	)		1		5		—			N/M			(5	)		(102.9	)
Net gain on sales of businesses		—		—			—			7		—		—			—			—			—
Other noninterest income		26		32			33			37		32		(6	)		(17.4	)		(6	)		(17.9	)
Total noninterest income		210		203			206			228		220		7			3.2			(10	)		(4.5	)
NONINTEREST EXPENSES
Salaries and employee benefits		236		233			225			235		226		3			1.1			10			4.2
Net occupancy expense		32		32			32			31		30		—			(2.9	)		2			5.7
Equipment expense		14		15			14			14		15		(1	)		(1.4	)		(1	)		(7.0	)
Outside processing fee expense		17		17			16			18		17		—			1.0			—			3.0
Software expense		12		12			11			9		11		—			(1.8	)		1			10.5
Customer services		11		6			8			7		2		5			90.8			9			347.1
Litigation and operational losses		3		(3	)		16			3		8		6			N/M			(5	)		(57.7	)
Other noninterest expenses		49		68			50			55		60		(19	)		(27.9	)		(11	)		(17.3	)
Total noninterest expenses		374		380			372			372		369		(6	)		(1.5	)		5			1.4
Income before income taxes		295		310			285			284		231		(15	)		(5.1	)		64			27.6
Provision for income taxes		96		103			89			92		69		(7	)		(7.2	)		27			38.0
NET INCOME	$	199	$	207		$	196		$	192	$	162	$	(8	)		(4.1	)%	$	37			23.1	%
Basic net income per common share	$	1.18	$	1.22		$	1.15		$	1.11	$	0.93	$	(0.04	)		(3.3	)%	$	0.25			26.9	%
Diluted net income per common share		1.16		1.21			1.13			1.10		0.92		(0.05	)		(4.1	)		0.24			26.1
Cash dividends declared on common stock		93		88			88			90		90		5			5.3			3			3.1
Dividends per common share		0.55		0.52			0.52			0.52		0.52		0.03			5.8			0.03			5.8

N/M — Not meaningful

-10-

ANALYSIS OF THE ALLOWANCE FOR LOAN LOSSES
Comerica Incorporated and Subsidiaries

	2005			2004
(in millions)	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Balance at beginning of period	$	673		$	729		$	762		$	798		$	803
Loans charged-off:
Commercial		28			39			41			57			64
Real estate construction:
Real estate construction business line		—			—			1			1			—
Other		—			—			—			—			—
Total real estate construction		—			—			1			1			—
Commercial mortgage:
Commercial real estate business line		2			4			—			—			—
Other		3			—			7			6			6
Total commercial mortgage		5			4			7			6			6
Residential mortgage		—			—			1			—			—
Consumer		3			5			2			4			3
Lease financing		3			4			—			1			8
International		7			3			1			7			3
Total loans charged-off		46			55			53			76			84
Recoveries on loans previously charged-off:
Commercial		7			14			13			15			10
Real estate construction		—			—			—			—			—
Commercial mortgage		—			1			1			1			—
Residential mortgage		—			—			—			—			—
Consumer		1			—			1			1			—
Lease financing		—			—			—			—			1
International		—			5			5			3			3
Total recoveries		8			20			20			20			14
Net loans charged-off		38			35			33			56			70
Provision for loan losses		1			(21	)		—			20			65
Balance at end of period	$	636		$	673		$	729		$	762		$	798
Allowance for loan losses as a percentage of total loans		1.52	%		1.65	%		1.83	%		1.90	%		1.99	%
Net loans charged-off as a percentage of average total loans		0.36			0.34			0.33			0.55			0.69
Allowance for credit losses on lending-related commitments*	$	18		$	21		$	24		$	28		$	32

* Included in “Accrued expenses and other liabilities” on the consolidated balance sheets.

-11-

NONPERFORMING ASSETS
Comerica Incorporated and Subsidiaries

	2005			2004
(in millions)	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
SUMMARY OF NONPERFORMING ASSETS AND PAST DUE LOANS
Nonaccrual loans:
Commercial	$	161		$	161		$	181		$	229		$	282
Real estate construction:
Real estate construction business line		18			31			28			20			19
Other		2			3			3			3			5
Total real estate construction		20			34			31			23			24
Commercial mortgage:
Commercial real estate business line		11			6			10			12			3
Other		38			58			70			80			90
Total commercial mortgage		49			64			80			92			93
Residential mortgage		2			1			1			3			4
Consumer		1			1			2			2			5
Lease financing		12			15			19			13			13
International		24			36			47			42			68
Total nonaccrual loans		269			312			361			404			489
Reduced-rate loans		—			—			—			—			—
Total nonperforming loans		269			312			361			404			489
Other real estate		42			27			27			26			32
Nonaccrual debt securities		—			—			—			—			1
Total nonperforming assets	$	311		$	339		$	388		$	430		$	522
Nonperforming loans as a percentage of total loans		0.64	%		0.76	%		0.91	%		1.01	%		1.22	%
Nonperforming assets as a percentage of total loans, other real estate and nonaccrual debt securities		0.75			0.83			0.98			1.07			1.30
Allowance for loan losses as a percentage of total nonperforming assets		204			198			188			177			153
Loans past due 90 days or more and still accruing	$	23		$	15		$	20		$	25		$	35
ANALYSIS OF NONACCRUAL LOANS
Nonaccrual loans at beginning of period	$	312		$	361		$	404		$	489		$	507
Loans transferred to nonaccrual (1)		66			71			106			63			92
Nonaccrual business loan gross charge-offs (2)		(42	)		(49	)		(48	)		(71	)		(80	)
Loans transferred to accrual status (1)		(4	)		(7	)		—			—			—
Nonaccrual business loans sold (3)		(14	)		(33	)		(16	)		(33	)		(14	)
Payments/Other (4)		(49	)		(31	)		(85	)		(44	)		(16	)
Nonaccrual loans at end of period	$	269		$	312		$	361		$	404		$	489

(1) Based on an analysis of nonaccrual loans with book balances greater than $2 million.

(2) Analysis of gross loan charge-offs:
Nonaccrual business loans	$	42	$	49	$	48	$	71	$	80
Performing watch list loans		1		1		2		1		1
Consumer loans and residential mortgage loans		3		5		3		4		3
Total gross loan charge-offs	$	46	$	55	$	53	$	76	$	84

(3) Analysis of loans sold:
Nonaccrual business loans	$	14	$	33	$	16	$	33	$	14
Performing watch list loans sold		4		7		30		14		18
Total loans sold	$	18	$	40	$	46	$	47	$	32

(4) Net change related to nonaccrual loans with balances less than $2 million, other than business loan gross charge-offs and nonaccrual loans sold, are included in Payments/Other.

-12-

ANALYSIS OF NET INTEREST INCOME (FTE)
Comerica Incorporated and Subsidiaries

	Three Months Ended
	March 31, 2005								December 31, 2004								March 31, 2004
	Average					Average			Average					Average			Average					Average
(dollar amounts in millions)	Balance			Interest		Rate			Balance			Interest		Rate			Balance			Interest		Rate
Commercial loans	$	23,248		$	286		5.00	%	$	22,563		$	265		4.66	%	$	21,716		$	218		4.04	%
Real estate construction loans		3,052			49		6.48			3,178			48		5.99			3,354			42		5.01
Commercial mortgage loans		8,315			118		5.77			7,999			111		5.53			7,964			100		5.03
Residential mortgage loans		1,310			18		5.58			1,275			18		5.59			1,226			17		5.78
Consumer loans		2,734			36		5.32			2,721			34		5.04			2,626			31		4.62
Lease financing		1,261			13		4.13			1,259			13		4.09			1,291			14		4.40
International loans		2,235			30		5.43			2,134			29		5.40			2,250			23		4.11
Business loan swap income		—			17		—			—			28		—			—			52		—
Total loans		42,155			567		5.45			41,129			546		5.28			40,427			497		4.94
Investment securities available-for-sale (1)		3,790			35		3.60			4,052			35		3.48			4,551			40		3.48
Short-term investments		700			6		3.47			1,837			11		2.36			1,844			7		1.66
Total earning assets		46,645			608		5.27			47,018			592		5.01			46,822			544		4.67
Cash and due from banks		1,639								1,698								1,664
Allowance for loan losses		(685	)							(731	)							(831	)
Accrued income and other assets		3,151								3,131								3,083
Total assets	$	50,750							$	51,116							$	50,738
Money market and NOW deposits	$	17,810			69		1.56		$	17,755			57		1.27		$	17,908			42		0.95
Savings deposits		1,582			2		0.41			1,605			2		0.41			1,607			2		0.39
Certificates of deposit		5,558			31		2.28			5,520			28		2.01			6,515			26		1.58
Foreign office time deposits		712			6		3.72			692			5		2.99			590			3		2.41
Total interest-bearing deposits		25,662			108		1.71			25,572			92		1.42			26,620			73		1.10
Short-term borrowings		441			3		2.71			278			1		1.85			311			1		0.89
Medium- and long-term debt		4,277			36		3.37			4,342			32		2.91			4,795			24		2.06
Total interest-bearing sources		30,380			147		1.96			30,192			125		1.64			31,726			98		1.25
Noninterest-bearing deposits		14,120								14,755								12,985
Accrued expenses and other liabilities		1,178								1,092								931
Common shareholders’ equity		5,072								5,077								5,096
Total liabilities and shareholders’ equity	$	50,750							$	51,116							$	50,738
Net interest income/rate spread (FTE)				$	461		3.31					$	467		3.37					$	446		3.42
FTE adjustment				$	1							$	1							$	1
Impact of net noninterest-bearing sources of funds							0.69								0.59								0.41
Net interest margin (as a percentage of average earning assets) (FTE)							4.00	%							3.96	%							3.83	%

(1) The average rate for investment securities available-for-sale was computed using average historical cost.

-13-

CONSOLIDATED STATISTICAL DATA
Comerica Incorporated and Subsidiaries

	March 31,			December 31,			September 30,			June 30,			March 31,
(in millions, except per share data)	2005			2004			2004			2004			2004
Commercial loans:
Floor plan	$	2,668		$	2,575		$	2,270		$	2,802		$	2,797
Other		20,112			19,464			18,876			18,656			18,704
Total commercial loans		22,780			22,039			21,146			21,458			21,501
Real estate construction loans:
Real estate construction business line		2,451			2,461			2,641			2,661			2,628
Other		584			592			635			621			615
Total real estate construction loans		3,035			3,053			3,276			3,282			3,243
Commercial mortgage loans:
Commercial real estate business line		1,555			1,556			1,498			1,656			1,718
Other		6,860			6,680			6,433			6,424			6,311
Total commercial mortgage loans		8,415			8,236			7,931			8,080			8,029
Residential mortgage loans		1,335			1,294			1,263			1,211			1,210
Consumer loans:
Home equity		1,797			1,837			1,815			1,788			1,657
Other consumer		903			914			907			884			969
Total consumer loans		2,700			2,751			2,722			2,672			2,626
Lease financing		1,262			1,265			1,260			1,266			1,268
International loans		2,209			2,205			2,117			2,130			2,135
Total loans	$	41,736		$	40,843		$	39,715		$	40,099		$	40,012
Goodwill	$	247		$	247		$	247		$	247		$	247
Core deposit intangible		—			—			—			—			1
Other intangible assets		1			1			1			1			1
Loan servicing rights		19			20			20			19			18
Deferred mutual fund distribution costs		7			8			9			10			11
Amortization of intangibles (quarterly)		—			—			—			1			—
Tier 1 common capital ratio*		8.03	%		8.13	%		8.16	%		8.00	%		8.00	%
Tier 1 risk-based capital ratio*		8.65			8.77			8.81			8.64			8.64
Total risk-based capital ratio *		12.45			12.75			13.06			12.91			12.60
Leverage ratio*		10.51			10.37			10.28			9.97			10.15
Book value per share	$	29.81		$	29.94		$	29.52		$	28.75		$	29.41
Market value per share for the quarter:
High	$	61.40		$	63.80		$	61.48		$	56.99		$	59.23
Low		53.70			57.81			53.00			50.45			52.30
Close		55.08			61.02			59.35			54.88			54.32
Quarterly ratios:
Return on average common shareholders’ equity		15.73	%		16.39	%		15.68	%		15.35	%		12.71	%
Return on average assets		1.57			1.63			1.55			1.49			1.28
Efficiency ratio		55.70			56.61			56.08			55.08			55.84
Number of banking offices		375			376			364			361			362
Number of employees — full time equivalent		10,878			10,968			10,919			11,111			11,237

* March 31, 2005 ratios are estimated

-14-

PARENT COMPANY ONLY BALANCE SHEETS
Comerica Incorporated

	March 31,			December 31,			March 31,
(in millions, except share data)	2005			2004			2004
ASSETS
Cash and due from subsidiary bank	$	5		$	1		$	—
Short-term investments with subsidiary bank		286			289			227
Investment in subsidiaries, principally banks		5,533			5,585			5,643
Premises and equipment		3			3			3
Other assets		290			304			309
Total assets	$	6,117		$	6,182		$	6,182
LIABILITIES AND SHAREHOLDERS’ EQUITY
Long-term debt	$	814		$	824		$	839
Other liabilities		273			253			250
Total liabilities		1,087			1,077			1,089
Common stock — $5 par value:
Authorized - 325,000,000 shares
Issued - 178,735,252 shares at 3/31/05, 12/31/04 and 3/31/04		894			894			894
Capital surplus		433			421			395
Accumulated other comprehensive income (loss)		(154	)		(69	)		92
Retained earnings		4,427			4,331			4,030
Less cost of common stock in treasury - 9,988,453 shares at 3/31/05, 8,259,328 shares at 12/31/04 and 5,576,560 shares at 3/31/04		(570	)		(472	)		(318	)
Total shareholders’ equity		5,030			5,105			5,093
Total liabilities and shareholders’ equity	$	6,117		$	6,182		$	6,182

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
Comerica Incorporated and Subsidiaries

					Accumulated
					Other									Total
	Common		Capital		Comprehensive			Retained			Treasury			Shareholders’
(in millions, except share data)	Stock		Surplus		Income (Loss)			Earnings			Stock			Equity
BALANCE AT JANUARY 1, 2004	$	894	$	384	$	74		$	3,973		$	(215	)	$	5,110
Net income		—		—		—			162			—			162
Other comprehensive income, net of tax		—		—		18			—			—			18
Total comprehensive income															180
Cash dividends declared on common stock ($0.52 per share)		—		—		—			(90	)		—			(90	)
Purchase of 2,376,593 shares of common stock		—		—		—			—			(133	)		(133	)
Net issuance of common stock under employee stock plans		—		5		—			(15	)		30			20
Recognition of stock-based compensation expense		—		6		—			—			—			6
BALANCE AT MARCH 31, 2004	$	894	$	395	$	92		$	4,030		$	(318	)	$	5,093
BALANCE AT JANUARY 1, 2005	$	894	$	421	$	(69	)	$	4,331		$	(472	)	$	5,105
Net income		—		—		—			199			—			199
Other comprehensive loss, net of tax		—		—		(85	)		—			—			(85	)
Total comprehensive income															114
Cash dividends declared on common stock ($0.55 per share)		—		—		—			(93	)		—			(93	)
Purchase of 2,074,200 shares of common stock		—		—		—			—			(118	)		(118	)
Net issuance of common stock under employee stock plans		—		3		—			(10	)		20			13
Recognition of stock-based compensation expense		—		9		—			—			—			9
BALANCE AT MARCH 31, 2005	$	894	$	433	$	(154	)	$	4,427		$	(570	)	$	5,030

-15-

BUSINESS SEGMENT FINANCIAL RESULTS
Comerica Incorporated and Subsidiaries

(dollar amounts in millions)	Business Bank									Small Business & Personal Financial Services									Wealth & Institutional Management
	March 31,			December 31,			March 31,			March 31,			December 31,			March 31,			March 31,			December 31,			March 31,
Three Months Ended	2005			2004			2004			2005			2004			2004			2005			2004			2004
Earnings summary:
Net interest income (expense) (FTE)	$	337		$	344		$	348		$	146		$	149		$	143		$	36		$	38		$	36
Provision for loan losses		4			13			21			2			4			4			(2	)		2			(1	)
Noninterest income		69			66			67			49			50			53			80			71			77
Noninterest expenses		141			149			145			126			132			126			80			88			84
Provision (benefit) for income taxes (FTE)		86			88			87			23			23			24			13			7			11
Net income (loss)	$	175		$	160		$	162		$	44		$	40		$	42		$	25		$	12		$	19
Net charge-offs	$	29		$	27		$	65		$	4		$	6		$	5		$	5		$	2		$	—
Selected average balances:
Assets	$	34,210		$	33,259		$	32,738		$	6,435		$	6,359		$	6,567		$	3,628		$	3,602		$	3,178
Loans		32,970			32,049			31,665			5,778			5,703			5,823			3,368			3,339			2,929
Deposits		19,877			20,184			18,773			16,796			16,883			16,611			2,451			2,478			2,529
Liabilities		20,682			20,937			19,385			16,792			16,877			16,603			2,457			2,484			2,538
Attributed equity		2,476			2,495			2,474			779			782			797			417			429			403
Statistical data:
Return on average assets (1)		2.05	%		1.93	%		1.98	%		0.99	%		0.91	%		0.97	%		2.79	%		1.37	%		2.38	%
Return on average attributed equity		28.28			25.72			26.17			22.29			20.46			21.23			24.26			11.51			18.74
Net interest margin (2)		4.12			4.26			4.40			3.52			3.51			3.47			4.34			4.48			4.89
Efficiency ratio		34.64			36.42			35.15			64.71			66.33			64.11			68.60			80.61			73.92
	Finance									Other									Total
	March 31,			December 31,			March 31,			March 31,			December 31,			March 31,			March 31,			December 31,			March 31,
Three Months Ended		2005			2004			2004			2005			2004			2004			2005			2004			2004
Earnings summary:
Net interest income (expense) (FTE)	$	(59	)	$	(64	)	$	(86	)	$	1		$	—		$	5		$	461		$	467		$	446
Provision for loan losses		—			—			—			(3	)		(40	)		41			1			(21	)		65
Noninterest income		11			10			19			1			6			4			210			203			220
Noninterest expenses		1			1			—			26			10			14			374			380			369
Provision (benefit) for income taxes (FTE)		(19	)		(19	)		(28	)		(6	)		5			(24	)		97			104			70
Net income (loss)	$	(30	)	$	(36	)	$	(39	)	$	(15	)	$	31		$	(22	)	$	199		$	207		$	162
Net charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	38		$	35		$	70
Selected average balances:
Assets	$	5,518		$	6,999		$	7,484		$	959		$	897		$	771		$	50,750		$	51,116		$	50,738
Loans		(7	)		(5	)		(7	)		46			43			17			42,155			41,129			40,427
Deposits		612			729			1,677			46			53			15			39,782			40,327			39,605
Liabilities		5,390			5,426			6,849			357			315			267			45,678			46,039			45,642
Attributed equity		538			612			811			862			759			611			5,072			5,077			5,096
Statistical data:
Return on average assets (1)		N/M			N/M			N/M			N/M			N/M			N/M			1.57	%		1.63	%		1.28	%
Return on average attributed equity		N/M			N/M			N/M			N/M			N/M			N/M			15.73			16.39			12.71
Net interest margin (2)		N/M			N/M			N/M			N/M			N/M			N/M			4.00			3.96			3.83
Efficiency ratio		N/M			N/M			N/M			N/M			N/M			N/M			55.70			56.61			55.84

(1)	Return on average assets is calculated based on the greater of average assets or average liabilities and attributed equity.
(2)	Net interest margin is calculated based on the greater of average earning assets or average deposits and purchased funds.
N/M — Not Meaningful

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MARKET SEGMENT FINANCIAL RESULTS
Comerica Incorporated and Subsidiaries

(dollar amounts in millions)	Midwest & Other Markets									Western									Texas
	March 31,			December 31,			March 31,			March 31,			December 31,			March 31,			March 31,			December 31,			March 31,
Three Months Ended	2005			2004			2004			2005			2004			2004			2005			2004			2004
Earnings summary:
Net interest income (expense) (FTE)	$	264		$	270		$	270		$	186		$	190		$	188		$	59		$	61		$	60
Provision for loan losses		2			4			(9	)		(3	)		11			30			4			3			3
Noninterest income		147			137			143			30			29			31			18			18			19
Noninterest expenses		205			225			215			91			93			89			43			45			44
Provision (benefit) for income taxes (FTE)		63			57			67			48			48			42			10			11			11
Net income (loss)	$	141		$	121		$	140		$	80		$	67		$	58		$	20		$	20		$	21
Net charge-offs	$	17		$	13		$	42		$	9		$	19		$	25		$	8		$	3		$	3
Selected average balances:
Assets	$	24,621		$	24,192		$	24,320		$	13,252		$	12,778		$	12,227		$	5,003		$	4,861		$	4,677
Loans		23,270			22,905			23,119			12,656			12,122			11,540			4,807			4,689			4,508
Deposits		18,858			19,112			19,083			16,303			16,363			14,880			3,674			3,796			3,761
Liabilities		19,628			19,848			19,707			16,344			16,387			14,878			3,673			3,792			3,753
Attributed equity		2,131			2,167			2,129			1,025			1,022			1,038			449			449			445
Statistical data:
Return on average assets (1)		2.28	%		2.01	%		2.30	%		1.84	%		1.55	%		1.46	%		1.60	%		1.61	%		1.78	%
Return on average attributed equity		26.39			22.47			26.32			31.15			26.47			22.45			17.82			17.40			18.72
Net interest margin (2)		4.56			4.66			4.66			4.62			4.62			5.09			4.93			5.15			5.34
Efficiency ratio		49.86			55.18			52.24			42.33			42.38			40.77			56.05			57.64			55.56
	Florida									Finance & Other Businesses									Total
	March 31,			December 31,			March 31,			March 31,			December 31,			March 31,			March 31,			December 31,			March 31,
Three Months Ended	2005			2004			2004			2005			2004			2004			2005			2004			2004
Earnings summary:
Net interest income (expense) (FTE)	$	10		$	10		$	9		$	(58	)	$	(64	)	$	(81	)	$	461		$	467		$	446
Provision for loan losses		2			1			1			(4	)		(40	)		40			1			(21	)		65
Noninterest income		4			4			4			11			15			23			210			203			220
Noninterest expenses		7			7			6			28			10			15			374			380			369
Provision (benefit) for income taxes (FTE)		2			2			2			(26	)		(14	)		(52	)		97			104			70
Net income (loss)	$	3		$	4		$	4		$	(45	)	$	(5	)	$	(61	)	$	199		$	207		$	162
Net charge-offs	$	4		$	—		$	—		$	—		$	—		$	—		$	38		$	35		$	70
Selected average balances:
Assets	$	1,396		$	1,388		$	1,260		$	6,478		$	7,897		$	8,254		$	50,750		$	51,116		$	50,738
Loans		1,383			1,375			1,251			39			38			9			42,155			41,129			40,427
Deposits		289			274			189			658			782			1,692			39,782			40,327			39,605
Liabilities		287			272			189			5,746			5,740			7,115			45,678			46,039			45,642
Attributed equity		67			67			62			1,400			1,372			1,422			5,072			5,077			5,096
Statistical data:
Return on average assets (1)		0.95	%		1.11	%		1.22	%		N/M			N/M			N/M			1.57	%		1.63	%		1.28	%
Return on average attributed equity		19.76			23.06			25.05			N/M			N/M			N/M			15.73			16.39			12.71
Net interest margin (2)		2.99			2.94			2.87			N/M			N/M			N/M			4.00			3.96			3.83
Efficiency ratio		52.81			48.28			49.68			N/M			N/M			N/M			55.70			56.61			55.84

(1)	Return on average assets is calculated based on the greater of average assets or average liabilities and attributed equity.
(2)	Net interest margin is calculated based on the greater of average earning assets or average deposits and purchased funds.
N/M — Not Meaningful

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