EXHIBIT 99.2

Unaudited

AmSouth Bancorporation

CONSOLIDATED STATEMENTS OF EARNINGS

($ in thousands, except per share data)

	2003				2002
	June 30		March 31		December 31		September 30		June 30
INTEREST INCOME
Loans	$	389,859	$	398,543	$	406,373	$	411,855	$	419,599
Available-for-sale securities		75,065		77,682		79,248		84,366		86,700
Held-to-maturity securities		56,199		60,865		59,443		62,465		62,058
Trading securities		6		55		726		482		92
Loans held for sale		318		160		359		2,068		3,662
Federal funds sold and securities purchased under agreements to resell		889		166		1,152		1,256		406
Other interest-earning assets		110		154		325		457		468
Total interest income		522,446		537,625		547,626		562,949		572,985
INTEREST EXPENSE
Interest-bearing checking		8,129		8,035		9,300		12,271		12,015
Money market and savings deposits		13,819		13,997		17,552		20,275		18,907
Time deposits		51,116		52,293		56,989		59,145		60,593
Foreign deposits		1,675		1,684		1,795		1,668		1,329
Certificates of deposit of $100,000 or more		16,555		15,486		16,864		18,140		17,086
Federal funds purchased and securities sold under agreements to repurchase		4,555		5,919		6,308		7,452		7,704
Other borrowed funds		985		1,145		821		1,008		1,090
Long-term Federal Home Loan Bank advances		64,949		66,718		67,991		68,840		68,364
Other long-term debt		11,307		9,306		9,523		9,765		9,782
Total interest expense		173,090		174,583		187,143		198,564		196,870
NET INTEREST INCOME		349,356		363,042		360,483		364,385		376,115
Provision for loan losses		42,700		44,700		53,450		51,400		52,600
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES		306,656		318,342		307,033		312,985		323,515
NONINTEREST REVENUES
Service charges on deposit accounts		81,677		75,556		78,873		77,672		67,551
Trust income		25,598		26,027		24,829		25,357		27,373
Consumer investment services income		16,049		16,310		16,329		18,912		21,641
Interchange income		18,360		16,687		16,971		16,418		16,165
Bank owned life insurance policies		13,060		13,834		13,629		14,587		15,046
Bankcard income		6,691		6,201		6,550		6,475		6,163
Mortgage income		17,130		10,016		6,691		7,112		4,469
Portfolio income		15,906		5,930		5,541		4,267		4,136
Other noninterest revenues		16,247		22,324		22,821		17,536		18,584
Total noninterest revenues		210,718		192,885		192,234		188,336		181,128
NONINTEREST EXPENSES
Salaries and employee benefits		156,723		154,065		142,675		144,517		146,806
Equipment expense		30,572		27,968		29,030		30,155		30,115
Net occupancy expense		33,484		31,525		30,530		30,011		29,474
Postage and office supplies		11,351		11,939		11,972		11,973		12,192
Marketing expense		9,173		9,158		8,941		8,903		8,719
Communications expense		7,044		7,563		5,491		5,788		8,257
Amortization of intangibles		1,198		1,198		1,225		1,224		1,350
Other noninterest expenses		49,077		46,190		46,820		43,460		49,864
Total noninterest expenses		298,622		289,606		276,684		276,031		286,777
INCOME BEFORE INCOME TAXES		218,752		221,621		222,583		225,290		217,866
Income taxes		63,927		66,265		67,376		69,289		65,497
NET INCOME	$	154,825	$	155,356	$	155,207	$	156,001	$	152,369
Average common shares outstanding		349,509		351,981		353,792		357,567		359,782
Earnings per common share	$	.44	$	.44	$	.44	$	.44	$	.42
Diluted average common shares outstanding		353,354		355,265		356,784		361,961		364,756
Diluted earnings per common share	$	.44	$	.44	$	.44	$	.43	$	.42

1

Unaudited

AmSouth Bancorporation

QUARTERLY AVERAGE DAILY BALANCES, REVENUE & EXPENSE SUMMARY, YIELDS & RATES

(Taxable equivalent basis, $ in thousands)

	Three Months Ended June 30, 2003							Three Months Ended March 31, 2003							Three Months Ended December 31, 2002
	Average Balance			Revenue/ Expense		Yield/ Rate		Average Balance			Revenue/ Expense		Yield/ Rate		Average Balance			Revenue/ Expense		Yield/ Rate
ASSETS
Interest-earning assets:
Commercial and commercial real estate	$	13,334,004		$	173,089	5.21	%	$	13,147,129		$	177,491	5.48	%	$	12,821,252		$	182,948	5.66	%
Residential first mortgages		3,266,570			46,441	5.70	%		3,091,003			46,569	6.11	%		2,581,052			39,592	6.09	%
Equity loans and lines		6,615,453			82,108	4.98	%		6,439,787			82,572	5.20	%		6,275,391			86,032	5.44	%
Dealer indirect		3,743,714			64,806	6.94	%		3,752,267			67,206	7.26	%		3,725,141			70,901	7.55	%
Other consumer		1,306,096			30,032	9.22	%		1,399,612			31,545	9.14	%		1,415,145			34,098	9.56	%
Total loans net of unearned income		28,265,837			396,476	5.63	%		27,829,798			405,383	5.91	%		26,817,981			413,571	6.12	%
Available-for-sale securities		4,646,425			75,971	6.56	%		4,511,821			78,623	7.07	%		4,286,045			80,291	7.43	%
Held-to-maturity securities		4,440,248			59,984	5.42	%		4,457,596			64,804	5.90	%		4,237,829			63,390	5.93	%
Total investment securities		9,086,673			135,955	6.00	%		8,969,417			143,427	6.49	%		8,523,874			143,681	6.69	%
Other interest-earning assets		356,393			1,323	1.49	%		154,144			535	1.41	%		569,309			2,562	1.79	%
Total interest-earning assets		37,708,903			533,754	5.68	%		36,953,359			549,345	6.03	%		35,911,164			559,814	6.18	%
Cash and due from banks		1,057,946							1,054,545							1,042,937
Other assets		3,386,249							3,137,890							3,077,443
Allowance for loan losses		(391,229	)						(382,501	)						(381,464	)
Market valuation on AFS securities		156,129							179,543							187,887
	$	41,917,998						$	40,942,836						$	39,837,967
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing liabilities:
Interest-bearing checking	$	5,753,817			8,129	0.57	%	$	5,590,645			8,035	0.58	%	$	5,259,390			9,300	0.70	%
Money market and savings deposits		7,548,133			13,819	0.73	%		7,405,443			13,997	0.77	%		7,283,621			17,552	0.96	%
Time deposits		8,774,627			67,671	3.09	%		8,359,791			67,779	3.29	%		8,596,584			73,853	3.41	%
Foreign deposits		689,875			1,675	0.97	%		686,369			1,684	1.00	%		675,778			1,795	1.05	%
Federal funds purchased and securities sold under agreements to repurchase		1,836,940			4,555	0.99	%		2,180,991			5,919	1.10	%		2,023,816			6,308	1.24	%
Other interest-bearing liabilities		7,333,085			77,241	4.22	%		6,981,141			77,169	4.48	%		6,464,030			78,335	4.81	%
Total interest-bearing liabilities		31,936,477			173,090	2.17	%		31,204,380			174,583	2.27	%		30,303,219			187,143	2.45	%
Net interest spread						3.51	%						3.76	%						3.73	%
Noninterest-bearing demand deposits		5,329,351							5,144,378							5,050,493
Other liabilities		1,539,225							1,483,672							1,406,418
Shareholders’ equity		3,112,945							3,110,406							3,077,837
	$	41,917,998						$	40,942,836						$	39,837,967
Net interest income/margin on a taxable equivalent basis					360,664	3.84	%					374,762	4.11	%					372,671	4.12	%
Taxable equivalent adjustment:
Loans					6,617							6,840							7,198
Available-for-sale securities					906							941							1,043
Held-to-maturity securities					3,785							3,939							3,947
Total taxable equivalent adjustment					11,308							11,720							12,188
Net interest income				$	349,356						$	363,042						$	360,483

	Three Months Ended September 30, 2002							Three Months Ended June 30, 2002
	Average Balance			Revenue/ Expense		Yield/ Rate		Average Balance			Revenue/ Expense		Yield/ Rate
ASSETS
Interest-earning assets:
Commercial and commercial real estate	$	12,797,749		$	192,956	5.98	%	$	12,876,385		$	199,158	6.20	%
Residential first mortgages		1,822,806			29,867	6.50	%		1,863,833			31,627	6.81	%
Equity loans and lines		6,062,522			88,399	5.78	%		5,806,799			86,224	5.96	%
Dealer indirect		3,753,930			72,697	7.68	%		3,664,565			72,919	7.98	%
Other consumer		1,440,953			35,364	9.74	%		1,490,405			37,385	10.06	%
Total loans net of unearned income		25,877,960			419,283	6.43	%		25,701,987			427,313	6.67	%
Available-for-sale securities		4,321,112			85,518	7.85	%		4,267,756			87,919	8.26	%
Held-to-maturity securities		4,115,777			66,497	6.41	%		4,026,605			66,036	6.58	%
Total investment securities		8,436,889			152,015	7.15	%		8,294,361			153,955	7.44	%
Other interest-earning assets		620,380			4,263	2.73	%		396,264			4,628	4.68	%
Total interest-earning assets		34,935,229			575,561	6.54	%		34,392,612			585,896	6.83	%
Cash and due from banks		1,004,271							1,021,319
Other assets		2,910,646							2,797,821
Allowance for loan losses		(377,708	)						(372,870	)
Market valuation on AFS securities		177,922							123,815
	$	38,650,360						$	37,962,697
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing liabilities:
Interest-bearing checking	$	5,205,385			12,271	0.94	%	$	5,280,315			12,015	0.91	%
Money market and savings deposits		6,677,187			20,275	1.20	%		6,539,522			18,907	1.16	%
Time deposits		8,641,203			77,285	3.55	%		8,385,356			77,679	3.72	%
Foreign deposits		482,911			1,668	1.37	%		371,251			1,329	1.44	%
Federal funds purchased and securities sold under agreements to repurchase		1,973,865			7,452	1.50	%		2,067,050			7,704	1.49	%
Other interest-bearing liabilities		6,406,880			79,613	4.93	%		6,346,331			79,236	5.01	%
Total interest-bearing liabilities		29,387,431			198,564	2.68	%		28,989,825			196,870	2.72	%
Net interest spread						3.86	%						4.11	%
Noninterest-bearing demand deposits		4,892,434							4,852,478
Other liabilities		1,304,866							1,118,620
Shareholders’ equity		3,065,629							3,001,774
	$	38,650,360						$	37,962,697
Net interest income/margin on a taxable equivalent basis					376,997	4.28	%					389,026	4.54	%
Taxable equivalent adjustment:
Loans					7,428							7,714
Available-for-sale securities					1,152							1,219
Held-to-maturity securities					4,032							3,978
Total taxable equivalent adjustment					12,612							12,911
Net interest income				$	364,385						$	376,115

NOTE: The taxable equivalent adjustment has been computed based on the statutory federal income tax rate, adjusted for applicable state income taxes net of the related federal tax benefit. Loans net of unearned income includes nonaccrual loans for all periods presented. Available-for-sale securities excludes certain noninterest-earning, marketable equity securities. Statement 133 valuation adjustments related to time deposits, certificates of deposit of $100,000 or more and other interest-bearing liabilities are included in other liabilities. Included in interest revenue for the available-for-sale portfolio for the three months ended June 30, 2003, March 31, 2003, December 31, 2002, September 30, 2002 and June 30, 2002, was approximately $12,071,000, $12,974,000, $14,141,000, $16,616,000 and $19,735,000, respectively, associated with retained interest on loans sold or securitized which resulted in an increase in the yield on the available-for-sale portfolio of approximately 103, 115, 129, 150 and 183 basis points, respectively.

2

Unaudited

AmSouth Bancorporation

CONSOLIDATED PERIOD-END BALANCE SHEETS

($ in thousands)

	2003						2002
	June 30			March 31			December 31			September 30			June 30
ASSETS
Cash and due from banks	$	1,451,537		$	1,372,188		$	1,221,985		$	1,364,146		$	1,124,366
Federal funds sold and securities purchased under agreements to resell		484,300			441,988			26,018			271,068			147,000
Trading securities		287			1,060			47,964			315,156			30,006
Available-for-sale securities		5,814,466			5,110,643			4,744,866			4,448,355			4,590,271
Held-to-maturity securities		4,842,826			4,682,460			4,425,053			4,215,161			4,177,856
Loans held for sale		17,655			10,871			19,909			28,984			203,370
Loans net of unearned income:
Commercial and industrial		5,313,418			5,319,642			5,150,778			5,035,368			5,046,687
Commercial loans—secured by real estate		1,829,220			1,770,277			1,726,362			1,664,831			1,729,042
Commercial leases		1,787,725			1,780,197			1,780,555			1,720,643			1,672,353
Commercial real estate mortgages		2,429,824			2,303,543			2,304,381			2,142,236			2,102,655
Real estate construction		2,126,456			2,084,300			2,088,245			2,206,642			2,264,041
Residential first mortgages		3,024,847			2,860,556			2,794,072			2,163,751			1,652,231
Equity loans and lines		6,689,561			6,511,687			6,359,945			6,179,910			5,948,664
Dealer indirect		3,720,988			3,756,628			3,731,364			3,725,620			3,770,161
Revolving credit		525,109			520,758			541,165			519,326			510,427
Other consumer		775,394			791,360			874,051			928,523			956,647
Total loans net of unearned income		28,222,542			27,698,948			27,350,918			26,286,850			25,652,908
Allowance for loan losses		(384,011	)		(383,936	)		(381,579	)		(379,878	)		(371,418	)
Other interest-earning assets		48,602			35,027			63,812			67,071			53,129
Premises and equipment, net		907,680			864,517			838,906			792,853			771,702
Cash surrender value—bank owned life insurance		1,041,391			1,029,321			1,016,288			1,003,539			991,123
Goodwill and other intangibles		299,503			300,701			301,900			303,125			304,349
Accrued interest receivable and other assets		1,037,429			935,711			895,232			894,297			824,441
	$	43,784,207		$	42,099,499		$	40,571,272		$	39,610,727		$	38,499,103
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits and interest-bearing liabilities:
Deposits:
Noninterest-bearing demand	$	5,849,456		$	5,569,319		$	5,494,657		$	5,181,668		$	4,981,783
Interest-bearing checking		5,739,344			5,767,727			5,470,243			5,150,492			5,234,927
Money market and savings deposits		7,553,650			7,636,685			7,270,541			7,101,223			6,455,526
Time		6,532,948			6,317,130			6,384,206			6,481,177			6,433,294
Foreign		727,329			656,649			640,663			531,743			356,789
Certificates of deposit of $100,000 or more		2,696,099			2,052,939			2,055,314			2,185,499			2,066,217
Total deposits		29,098,826			28,000,449			27,315,624			26,631,802			25,528,536
Federal funds purchased and securities sold under agreements to repurchase		1,837,292			1,826,851			1,769,547			1,954,121			2,040,929
Other borrowed funds		149,333			149,842			151,018			76,428			150,408
Long-term Federal Home Loan Bank advances		5,826,839			5,732,740			5,838,268			5,352,681			5,304,831
Other long-term debt		1,517,224			1,550,816			1,051,015			1,051,918			1,023,682
Total deposits and interest-bearing liabilities		38,429,514			37,260,698			36,125,472			35,066,950			34,048,386
Accrued expenses and other liabilities		2,209,118			1,713,622			1,329,803			1,421,030			1,376,454
Total liabilities		40,638,632			38,974,320			37,455,275			36,487,980			35,424,840
Shareholders’ equity:
Common stock		416,890			416,909			416,909			416,914			416,923
Capital surplus		706,042			706,234			706,081			703,068			699,786
Retained earnings		3,083,424			3,016,279			2,951,430			2,878,670			2,806,383
Treasury stock		(1,106,191	)		(1,082,170	)		(1,045,428	)		(960,513	)		(907,950	)
Deferred compensation on restricted stock		(15,838	)		(16,667	)		(15,954	)		(15,747	)		(16,716	)
Accumulated other comprehensive income		61,248			84,594			102,959			100,355			75,837
Total shareholders’ equity		3,145,575			3,125,179			3,115,997			3,122,747			3,074,263
	$	43,784,207		$	42,099,499		$	40,571,272		$	39,610,727		$	38,499,103

3

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AmSouth Bancorporation

CREDIT QUALITY STATISTICS

($ in thousands)

	Three Months Ended
	2003						2002
	June 30			March 31			December 31			September 30			June 30
NET CHARGE-OFFS/(RECOVERIES)
Commercial:
Commercial & industrial	$	12,553		$	12,079		$	14,150		$	13,130		$	16,611
Commercial loans—secured by real estate		304			106			564			(272	)		300
Commercial leases		558			432			2,057			250			5,957
Total commercial		13,415			12,617			16,771			13,108			22,868
Commercial real estate:
Commercial real estate mortgages		186			182			227			151			139
Real estate construction		443			207			1,451			1,515			23
Total commercial real estate		629			389			1,678			1,666			162
Consumer:
Residential first mortgages		836			456			663			941			732
Equity loans and lines		9,204			6,902			9,621			7,611			6,281
Dealer indirect		10,080			12,413			13,996			10,367			9,622
Revolving credit		5,717			6,059			5,419			5,634			6,185
Other consumer		2,744			3,507			3,601			3,613			3,151
Total consumer		28,581			29,337			33,300			28,166			25,971
	$	42,625		$	42,343		$	51,749		$	42,940		$	49,001
NET CHARGE-OFFS AS A PERCENT OF AVERAGE LOANS(Annualized)
Commercial:
Commercial & industrial		0.95	%		0.93	%		1.09	%		1.03	%		1.28	%
Commercial loans—secured by real estate		0.07			0.02			0.13			(0.06	)		0.07
Commercial leases		0.13			0.10			0.47			0.06			1.48
Total commercial		0.61			0.58			0.78			0.62			1.08
Commercial real estate:
Commercial real estate mortgages		0.03			0.03			0.04			0.03			0.03
Real estate construction		0.08			0.04			0.27			0.27			0.00
Total commercial real estate		0.06			0.04			0.16			0.15			0.01
Consumer:
Residential first mortgages		0.10			0.06			0.10			0.20			0.16
Equity loans and lines		0.56			0.43			0.61			0.50			0.43
Dealer indirect		1.08			1.34			1.49			1.10			1.05
Revolving credit		4.38			4.67			4.08			4.32			4.88
Other consumer		1.41			1.70			1.61			1.55			1.29
Total consumer		0.77			0.81			0.94			0.85			0.81
		0.60	%		0.62	%		0.77	%		0.66	%		0.76	%

4

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AmSouth Bancorporation

CREDIT QUALITY STATISTICS (continued)

($ in thousands)

	2003				2002
	June 30		March 31		December 31		September 30		June 30
NONPERFORMING LOANS*
Commercial:
Commercial & industrial	$	57,092	$	70,954	$	79,830	$	62,621	$	62,399
Commercial loans—secured by real estate		13,463		12,232		15,160		14,684		16,379
Commercial leases		5,967		10,241		9,853		15,922		14,407
Total commercial		76,522		93,427		104,843		93,227		93,185
Commercial real estate:
Commercial real estate mortgages		13,189		14,979		19,393		19,938		19,295
Real estate construction		9,934		12,238		9,325		15,641		16,710
Total commercial real estate		23,123		27,217		28,718		35,579		36,005
Consumer:
Residential first mortgages		13,704		12,298		12,030		10,494		11,655
Equity loans and lines		13,931		16,080		12,517		11,470		11,145
Dealer indirect		9		9		197		-0-		1
Other consumer		356		520		524		672		693
Total consumer		28,000		28,907		25,268		22,636		23,494
	$	127,645	$	149,551	$	158,829	$	151,442	$	152,684
*       Exclusive of accruing loans 90 days past due.
ACCRUING LOANS 90 DAYS PAST DUE
Commercial:
Commercial & industrial	$	8,230	$	7,980	$	7,222	$	6,827	$	10,518
Commercial loans—secured by real estate		140		365		1,516		1,059		1,241
Commercial leases		5		496		1,291		306		313
Total commercial		8,375		8,841		10,029		8,192		12,072
Commercial real estate:
Commercial real estate mortgages		170		117		300		3,628		357
Real estate construction		434		556		917		402		359
Total commercial real estate		604		673		1,217		4,030		716
Consumer:
Residential first mortgages		10,275		12,387		12,116		14,124		12,253
Equity loans and lines		34,829		44,025		49,239		51,253		50,765
Dealer indirect		4,011		5,206		7,388		6,063		4,540
Revolving credit		7,708		8,043		8,375		7,389		7,942
Other consumer		1,652		1,410		2,681		2,649		3,088
Total consumer		58,475		71,071		79,799		81,478		78,588
	$	67,454	$	80,585	$	91,045	$	93,700	$	91,376

5

Unaudited

AmSouth Bancorporation

OTHER INFORMATION

	2003				2002
	June 30*		March 31		December 31		September 30		June 30
REGULATORY CAPITAL RATIOS
Tier 1 capital ratio
AmSouth	7.68	%	7.68	%	7.80	%	7.94	%	8.03	%
AmSouth Bank	9.11		9.27		9.52		9.68		9.85
Total capital ratio
AmSouth	11.49	%	11.64	%	10.60	%	10.90	%	11.20	%
AmSouth Bank	12.22		12.45		11.50		11.69		11.88
Leverage ratio
AmSouth	6.68	%	6.73	%	6.85	%	7.08	%	7.14	%
AmSouth Bank	7.93		8.12		8.35		8.61		8.76

* Second quarter 2003 regulatory capital ratios based on preliminary data.

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