8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

April 30, 2007

Date of Report (Date of earliest event reported)

NATIONAL CITY CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	1-10074	34-1111088
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		Identification No.)

1900 East Ninth Street, Cleveland, Ohio	44114-3484
(Address of principal executive offices)	(Zip Code)

(216) 222-2000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On April 30, 2007, National City Corporation issued a news release announcing its financial results for the first quarter ended March 31, 2007 and included on its Web site at www.NationalCity.com its Financial Supplement, which contains additional financial information. The news release and the Financial Supplement are attached hereto as Exhibits 99.1 and 99.2, respectively, and are being furnished under Item 2.02 of this Form 8-K.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(c) The following exhibits are being furnished herewith:

Exhibit No.	Exhibit Description
99.1	News release issued by National City Corporation dated April 30, 2007
99.2	Financial Supplement of National City Corporation

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	National City Corporation
	(Registrant)
Date: April 30, 2007	By:	/s/ David L. Zoeller
		David L. Zoeller
		Executive Vice President and General Counsel

EX-99.1

Exhibit 99.1

National City Corporation
1900 E. 9^th St.                      
Cleveland, OH 44114-3484

NEWS RELEASE
For Immediate Release

Investor Contact:	Media Contact:
Jill Hennessey	Kristen Baird Adams
216-222-9253	216-222-8202
Jill.hennessey@nationalcity.com	kristen.bairdadams@nationalcity.com

NATIONAL CITY REPORTS FIRST QUARTER 2007 EARNINGS

     CLEVELAND—April 30, 2007— National City Corporation (NYSE: NCC) today reported first quarter 2007 net income of $319 million, or $.50 per diluted share, compared to $459 million, or $.74 per diluted share for the first quarter of 2006. Fourth quarter 2006 earnings were $842 million, or $1.36 per diluted share, including a nonrecurring gain of $1.00 per diluted share from the sale of the Corporation’s former First Franklin nonconforming mortgage origination and servicing platform, partially offset by charges associated with the retained First Franklin portfolio. First quarter 2007 results included further charges associated with the retained First Franklin portfolio. In addition, other unusual or nonrecurring items also affect comparisons between periods, as described further throughout this release.

Chairman’s Comments

     Chairman and CEO David A. Daberko commented, “The first quarter 2007 results were mixed and continue to reflect a focus on execution in our direct banking businesses. Our retail, corporate, and asset management businesses all had a solid quarter, consistent with our business plans for the year. These businesses are experiencing good growth in loan and deposit volumes and customer relationships. Both net interest margin and credit quality have been stable. The integration of our recently acquired Florida banks has been successfully completed. We’re excited about the opportunity to build and grow the National City brand in these vibrant markets. Our mortgage business continues to operate in a difficult environment, but we have less exposure to the mortgage sector than in prior years. Overall, we expect each

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successive quarter from here to show improved earnings. Comparisons to the prior year will be challenging due to the fact that 2006 results included profits from businesses we have discontinued or sold, particularly First Franklin.”

Net Interest Income and Margin

     Tax-equivalent net interest income was $1.1 billion for the first quarter of 2007, approximately equal to the preceding quarter, and down about 6% from the first quarter a year ago. Net interest margin for the first quarter of 2007 was 3.69%, about equal to the preceding quarter and down slightly compared to the first quarter last year. Average earning assets were $121.5 billion in the first quarter of 2007, essentially equal to the preceding quarter and down slightly compared to the first quarter a year ago. This decline is a direct outcome of the Corporation’s “originate-and-sell” strategy for indirect, out-of-footprint nonconforming mortgages and home equity lines and loans initiated in late 2005. The remaining run-off portfolios will continue to decline over the balance of the year.

Loans and Deposits

     Average portfolio loans were $98.2 billion for the first quarter of 2007, compared to $93.1 billion in the fourth quarter of 2006, and $105.4 billion in the first quarter of 2006. Average portfolio loans increased on a linked-quarter basis primarily due to recent acquisitions which added approximately $6 billion to portfolio loans. Average portfolio loans decreased compared to the first quarter a year ago due to the previously described originate-and-sell strategy, as well as the decision to transfer $6 billion of nonconforming mortgage loans to held for sale in the latter part of 2006.

     Of the $6 billion of nonconforming mortgage loans transferred to held for sale, approximately $4 billion were sold in 2006. No further sales occurred in the first quarter of 2007. In light of unfavorable market conditions, the remaining loans totaling $1.6 billion were returned to portfolio in March 2007. Prior to that transfer, fair value writedowns and other charges of $28 million were recorded as a reduction to loan sale revenue.

     Average total deposits were $87.8 billion in the first quarter of 2007, up $3.3 billion from the preceding quarter, and $4.9 billion from the first quarter a year ago, primarily due to deposit balances obtained in recent acquisitions. Average core deposits, excluding mortgage

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banking escrow balances, were $72.8 billion, up 9% compared to year end, and 13% compared to the first quarter last year.

Credit Quality

     The provision for credit losses for the first quarter of 2007 was $107 million, compared to $323 million in the fourth quarter of 2006, and $27 million in the first quarter a year ago. As previously disclosed in the Corporation’s midquarter report, one of the third party mortgage insurance providers for the run-off nonconforming mortgage loan portfolio has been rejecting a meaningful number of claims for reasons that management feels are unjustified. In light of this situation, adjustments were made to the Corporation’s charge-off practices and loss forecast to reflect an assumed loss of insurance coverage for loans in dispute. Approximately $20 million of the provision for credit losses in the first quarter of 2007 arose from these revised assumptions regarding insurance coverage. Notwithstanding these adjustments, management believes it is entitled to insurance recovery and continues to pursue its contractual rights under the contract. Within the nonconforming mortgage portfolio itself, delinquencies and credit losses have been in line with loss forecasts established at the end of 2006.

     First quarter 2007 net charge-offs were $147 million, compared to $128 million in the preceding quarter, and $121 million in the first quarter a year ago. Charge-offs for the first quarter of 2007 included $53 million of nonconforming mortgage loans of which approximately $24 million were associated with the previously described insurance matter. In addition, $18 million of previously reserved passenger airline leases were charged-off in the first quarter of 2007.

     Nonperforming assets were $801 million at March 31, 2007, up from $732 million at December 31, 2006. The acquisition of Fidelity in the first quarter added $38 million to nonperforming assets. Loans in foreclosure increased $31 million since year end which reflects higher foreclosure rates and weakness in the housing market. The allowance for loan losses was $1.1 billion at both March 31, 2007 and December 31, 2006, representing 1.11% and 1.18% of portfolio loans, respectively.

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Noninterest Income

     Noninterest income for the first quarter of 2007 was $621 million, compared to $1.7 billion in the fourth quarter of 2006, and $656 million in the first quarter a year ago. The fourth quarter of 2006 included a $984 million gain on the sale of the First Franklin origination and servicing platform. Excluding this transaction, the decline in noninterest income was primarily due to lower loan sale and servicing revenue.

     Loan sales revenue was $75 million for the first quarter of 2007, down from $122 million in the preceding quarter, and $144 million in the first quarter a year ago. Fair value writedowns and other charges on the nonconforming mortgage portfolio held for sale were $28 million in the first quarter of 2007 and $73 million in the preceding quarter. In general, gain on sale margins declined in the first quarter, reflecting less liquidity in the capital markets, with higher recourse and hedging losses also depressing revenue. Compared to the first quarter a year ago, loan sale revenue decreased for the same reason, as well as the sale of the First Franklin origination and sales platform in late 2006.

     Loan servicing revenue was $32 million for the first quarter of 2007, compared to $52 million in the fourth quarter of 2006, and a loss of $44 million in the first quarter a year ago. The decrease compared to the fourth quarter of 2006 was primarily due to the sale of the nonconforming mortgage servicing platform, National City Home Loan Services (NCHLS), on December 30, 2006. NCHLS contributed $23 million and $13 million to loan servicing revenue in the fourth quarter and first quarter of 2006, respectively. Also affecting results were net pretax mortgage servicing right (MSR) hedging losses of $49 million in the first quarter of 2007, compared to $60 million in the fourth quarter of 2006 and $128 million in the first quarter of 2006.

     Deposit service fees and brokerage revenue decreased compared to the preceding quarter due to seasonally lower volumes of fee-generating transactions. Compared to a year ago, deposit service fees were up 8% and brokerage revenue was up 18%. There were no significant unusual items in other noninterest income in the first quarter of 2007. In the first quarter of 2006, other noninterest income included $31 million related to the partial release of a chargeback guarantee liability associated with a now-terminated credit card processing agreement for a major airline.

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Noninterest Expense

     Noninterest expense was $1.2 billion, down $39 million, or 3%, compared to the fourth quarter of 2006, but up $22 million, or 2%, versus the first quarter a year ago. The decline from the fourth quarter of 2006 was due primarily to lower incentive-based compensation costs. Partially offsetting this decline, state and local tax expense increased $29 million due to a nonrecurring net benefit of $9 million recognized in the fourth quarter of 2006. The increase in noninterest expense compared to the first quarter a year ago primarily reflects acquisition and divestiture-related costs as well as higher foreclosure costs. Intangible amortization, occupancy costs, and acquisition integration costs all increased compared to the first quarter a year ago due to recent acquisitions. Acquisition integration costs were $16 million in the first quarter of 2007 with no such costs in the first quarter a year ago. Foreclosure costs increased compared to a year ago reflective of more properties in foreclosure and continued weakness in the housing market.

Income Taxes

     The effective tax rate for the first quarter of 2007 was 30%, equal to the first quarter a year ago, but down from 35% in the fourth quarter of 2006. The fourth quarter of 2006 reflects a higher rate applied to the gain on sale of First Franklin. In addition, the income tax provision for the first quarter of 2007 benefited from rate changes resulting from internal reorganizations and mergers. The full year effective tax rate is currently estimated at approximately 32% for 2007.

Balance Sheet

     At March 31, 2007, total assets were $138.6 billion, and stockholders’ equity was $13.2 billion, or 9.5% of total assets. At March 31, 2007, total deposits were $88.6 billion, including core deposits of $77.9 billion. Total purchased funds were $32.1 billion at March 31, 2007, down from $33.3 billion at December 31, 2006, and $41.3 billion at March 31, 2006. Growth in the deposit base as well as reductions in certain portfolio loan categories and loans held for sale have reduced the need for borrowing.

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     The Corporation repurchased 55 million shares of its common stock during the first quarter of 2007 by way of a tender offer and subsequent open market repurchases. At March 31, 2007, the Corporation had remaining authorization to repurchase 29 million shares. Through April 26, 2007, an additional 20 million shares were repurchased. On April 24, 2007, the Corporation’s Board of Directors authorized the repurchase of up to an additional 40 million shares. Management intends to continue share repurchases over the rest of the year, subject to maintenance of capital targets, market conditions, and applicable regulatory constraints.

Acquisitions and Divestitures

     On December 1, 2006, the Corporation completed its acquisition of Harbor Florida Bankshares, Inc., a banking company operating 42 branches along the central east coast of Florida. On January 5, 2007, the Corporation completed its acquisition of Fidelity Bankshares, Inc., a banking company operating 52 branches along Florida’s southeast coast. On December 30, 2006, the Corporation completed the sale of its First Franklin mortgage origination and servicing platform.

Forward-Looking Statements

     This document contains forward-looking statements. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date. The forward-looking statements are based on management’s expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include, without limitation, the Corporation’s ability to effectively execute its business plans; changes in general economic and financial market conditions; changes in interest rates; changes in the competitive environment; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; losses, customer bankruptcy, claims and assessments; changes in banking regulations or other regulatory or legislative requirements affecting the Corporation’s business; and changes in accounting policies or procedures as may be required by the Financial

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Accounting Standards Board or other regulatory agencies. Additional information concerning factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements is available in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2006, and subsequent filings with the United States Securities and Exchange Commission (SEC). Copies of these filings are available at no cost on the SEC’s Web site at www.sec.gov or on the Corporation’s Web site at nationalcity.com. Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.

Conference Call

     National City Corporation’s executive management will host a conference call at 11:00 a.m. (ET) on Monday, April 30, 2007 to discuss the first quarter 2007 financial results. Interested parties may access the conference call by dialing 1-800-230-1085. Participants are encouraged to call in 15 minutes prior to the call in order to register for the event. The conference call will also be accessible via the Company’s Web site, www.nationalcity.com/investorrelations. Questions for discussion at the conference call may be submitted any time prior to or during the call by sending an email to investor.relations@nationalcity.com.

     A replay of the conference call will be available from 2:30 p.m. (ET) on April 30, 2007, until midnight (ET) on May 7, 2007. The replay will be accessible by calling 1-800-475-6701 (domestic) or 320-365-3844 (international) using the pass code of 864857 or via the Company’s Web site.

About National City

National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio, is one of the nation’s largest financial holding companies. The company operates through an extensive banking network primarily in Ohio, Florida, Illinois, Indiana, Kentucky, Michigan, Missouri and Pennsylvania, and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, mortgage financing and servicing, consumer finance and asset management. For more information about National City, visit the company’s Web site at nationalcity.com.

Unaudited
National City Corporation
CONSOLIDATED FINANCIAL HIGHLIGHTS
(In millions, except per share data)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
EARNINGS
Tax-equivalent interest income	$	2,218		$	2,270		$	2,298		$	2,243		$	2,153		$	2,113		$	2,034		$	1,865		$	1,751
Interest expense		1,100			1,137			1,148			1,076			969			921			827			694			594
Tax-equivalent net interest income		1,118			1,133			1,150			1,167			1,184			1,192			1,207			1,171			1,157
Provision for credit losses		107			323			73			60			27			132			56			26			70
Tax-equivalent NII after provision for credit losses		1,011			810			1,077			1,107			1,157			1,060			1,151			1,145			1,087
Noninterest income		621			1,702			877			784			656			777			747			981			799
Noninterest expense		1,171			1,210			1,184			1,174			1,149			1,267			1,156			1,180			1,148
Income before taxes and tax-equivalent adjustment		461			1,302			770			717			664			570			742			946			738
Income taxes		134			452			236			238			197			164			256			313			247
Tax-equivalent adjustment		8			8			8			6			8			8			8			8			7
Net income	$	319		$	842		$	526		$	473		$	459		$	398		$	478		$	625		$	484
Effective tax rate		29.5	%		34.9	%		30.9	%		33.5	%		30.1	%		29.1	%		34.9	%		33.4	%		33.8	%
PER COMMON SHARE
Net income:
Basic	$	.50		$	1.37		$	.87		$	.77		$	.75		$	.65		$	.75		$	.98		$	.75
Diluted		.50			1.36			.86			.77			.74			.64			.74			.97			.74
Dividends paid		.39			.39			.39			.37			.37			.37			.37			.35			.35
Book value		22.12			23.06			21.44			20.84			20.69			20.51			20.54			20.42			19.82
Market value (close)		37.25			36.56			36.60			36.19			34.90			33.57			33.44			34.12			33.50
Average shares:
Basic		631.7			611.9			603.8			609.7			611.9			618.2			635.9			636.9			643.0
Diluted		640.5			620.7			612.1			618.2			619.7			625.4			644.7			644.1			652.5
PERFORMANCE RATIOS
Return on average common equity		8.98	%		24.93	%		16.45	%		15.08	%		14.91	%		12.57	%		14.59	%		19.65	%		15.35	%
Return on average total equity		8.99			24.94			16.46			15.10			14.92			12.59			14.61			19.66			15.37
Return on average assets		.94			2.44			1.51			1.35			1.33			1.10			1.31			1.80			1.42
Net interest margin		3.69			3.73			3.73			3.73			3.81			3.74			3.72			3.76			3.78
Efficiency ratio		67.37			42.71			58.43			60.14			62.45			64.35			59.19			54.83			58.67
LINE OF BUSINESS (LOB) RESULTS
Net Income:
Retail Banking	$	173		$	133		$	194		$	210		$	177		$	165		$	174		$	156		$	144
Commercial Banking — Regional		160			124			154			138			141			126			145			146			133
Commercial Banking — National		58			61			58			65			66			73			68			55			55
Mortgage Banking		2			39			67			(18	)		(34	)		59			59			180			118
Asset Management		26			21			24			30			22			14			19			26			21
Parent and Other		(100	)		464			29			48			87			(39	)		13			62			13
Total Consolidated National City Corporation	$	319		$	842		$	526		$	473		$	459		$	398		$	478		$	625		$	484
LOB Contribution to Diluted Earnings Per Share:
Retail Banking	$	.27		$	.22		$	.32		$	.34		$	.28		$	.26		$	.27		$	.24		$	.22
Commercial Banking — Regional		.25			.20			.25			.22			.23			.20			.22			.23			.21
Commercial Banking — National		.09			.10			.10			.11			.11			.12			.11			.08			.08
Mortgage Banking		—			.06			.11			(.03	)		(.06	)		.10			.09			.28			.18
Asset Management		.04			.03			.04			.05			.04			.02			.03			.04			.03
Parent and Other		(.15	)		.75			.04			.08			.14			(.06	)		.02			.10			.02
Total Consolidated National City Corporation	$	.50		$	1.36		$	.86		$	.77		$	.74		$	.64		$	.74		$	.97		$	.74

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Unaudited
National City Corporation
CONSOLIDATED FINANCIAL HIGHLIGHTS (continued)
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
CREDIT QUALITY STATISTICS
Net charge-offs	$	147		$	128		$	117		$	76		$	121		$	138		$	83		$	72		$	87
Provision for credit losses		107			323			73			60			27			132			56			26			70
Loan loss allowance		1,104			1,131			932			989			1,001			1,094			1,108			1,125			1,179
Lending-related commitment allowance		63			78			80			77			79			84			88			100			93
Nonperforming assets		801			732			689			667			647			596			585			572			578
Annualized net charge-offs to average portfolio loans		.61	%		.54	%		.48	%		.30	%		.46	%		.52	%		.30	%		.27	%		.35	%
Loan loss allowance to period-end portfolio loans		1.11			1.18			1.00			.98			.98			1.03			1.02			1.05			1.15
Loan loss allowance to nonperforming portfolio loans		206.08			226.13			198.25			202.14			207.14			223.11			230.08			238.64			245.11
Loan loss allowance (period-end) to annualized net charge-offs		184.68			223.38			200.10			326.17			204.29			199.42			336.67			391.50			330.46
Nonperforming assets to period-end portfolio loans and other nonperforming assets		.80			.76			.74			.66			.63			.56			.54			.53			.56
CAPITAL AND LIQUIDITY RATIOS
Tier 1 capital(1)		7.07	%		8.93	%		7.48	%		7.31	%		7.38	%		7.43	%		7.68	%		7.96	%		7.91	%
Total risk-based capital(1)		10.12			12.16			10.30			10.20			10.31			10.54			10.78			11.20			11.25
Leverage(1)		6.92			8.56			7.13			6.89			6.92			6.83			7.03			7.36			7.22
Period-end equity to assets		9.51			10.40			9.34			8.91			9.00			8.86			8.80			9.02			8.97
Period-end tangible common equity to assets (2)		6.26			7.77			6.99			6.60			6.70			6.57			6.57			6.75			6.65
Average equity to assets		10.45			9.78			9.16			8.97			8.94			8.78			8.95			9.13			9.23
Average equity to portfolio loans		14.66			14.38			13.03			12.35			11.83			11.79			11.98			12.16			12.62
Average portfolio loans to deposits		111.78			110.18			116.64			122.88			127.05			126.68			127.88			130.12			124.24
Average portfolio loans to core deposits		128.66			131.69			140.31			146.55			155.09			156.15			158.32			154.90			150.92
Average portfolio loans to earning assets		80.79			76.65			79.11			81.32			84.71			83.41			83.59			84.13			82.45
Average securities to earning assets		6.34			6.43			6.40			6.24			6.20			6.00			5.75			6.21			6.67
AVERAGE BALANCES
Assets	$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	144,967		$	139,673		$	138,516
Portfolio loans		98,198			93,124			97,404			101,757			105,431			106,433			108,386			104,908			101,283
Loans held for sale or securitization		11,769			17,425			15,065			12,760			8,826			11,172			11,570			10,109			11,502
Securities (at cost)		7,704			7,806			7,874			7,802			7,719			7,657			7,450			7,746			8,195
Earning assets		121,543			121,488			123,126			125,127			124,459			127,608			129,659			124,691			122,847
Core deposits		76,322			70,717			69,419			69,434			67,979			68,160			68,462			67,728			67,109
Purchased deposits and funding		43,001			48,917			52,321			54,338			55,105			58,661			59,567			55,859			54,713
Total equity		14,398			13,388			12,687			12,565			12,468			12,549			12,980			12,752			12,779
PERIOD-END BALANCES
Assets	$	138,559		$	140,191		$	138,123		$	141,486		$	140,231		$	142,397		$	146,750		$	144,143		$	140,982
Portfolio loans		99,566			95,492			92,963			100,973			102,269			106,039			108,910			106,808			102,932
Loans held for sale or securitization		10,693			12,853			19,505			12,964			11,779			9,667			11,942			11,539			11,639
Securities (at fair value)		7,208			7,509			7,906			7,726			7,609			7,875			7,568			7,694			8,085
Core deposits		77,884			73,375			68,788			69,744			69,884			68,408			67,738			67,922			68,336
Purchased deposits and funding		42,897			47,147			51,987			54,069			52,879			56,564			61,839			58,639			55,274
Total equity		13,170			14,581			12,902			12,610			12,623			12,613			12,920			13,002			12,643

(1)	First quarter 2007 regulatory capital ratios are based upon preliminary data
(2)	Excludes goodwill and other intangible assets

9

EX-99.2

Exhibit 99.2

Unaudited
Financial Supplement
March 31, 2007

Table of Contents

Quarterly and Year-to-Date Financial Trends
Consolidated Financial Highlights	3-4
Consolidated Statements of Income	5
Consolidated Period-End Balance Sheets	6
Consolidated Average Balance Sheets	7
Selected Average Balances	8
Selected Period-End Balances	9
Securitized Balances	10
Average Balances/Net Interest Income/Rates	11-13
Stockholder Data	14
Interest Rate Risk Measures	14
Capitalization	15
Noninterest Income	16
Noninterest Expense	16
Deposit Service Charges	17
Card-Related Fees	17
Salaries, Benefits, and Other Personnel Expense	18
Full-Time Equivalent Employees by Line of Business	18
National City Mortgage Full-Time Equivalent Employees	18
Credit Quality Statistics	19-21
Ten Largest Nonperforming Assets	22
Commercial Loan Industry Concentration	22
Retail Banking Performance Measures	23
Asset Management Performance Measures	24
Loan Sale and Servicing Revenue	25
NCM Loan Sale Data	26
NCM Loan Servicing Data	27
Run-Off Loan Portfolio Statistics	28-29
Home Equity Sale and Servicing Portfolio Data	30
Home Equity Portfolio Data	31
Line of Business Results	32-36
Monthly Financial Trends
Consolidated Selected Average Balances	37
Credit Quality Statistics	38
Capitalization	39
Full-Time Equivalent Employees By Line of Business	39
Retail Banking Performance Measures	40
Asset Management Performance Measures	41
National City Mortgage Statistics	41
National Home Equity Statistics	41
Run-Off Loan Portfolio Statistics	42

Table of Contents (continued)
FINANCIAL SUPPLEMENT SUMMARY OF PRESENTATION CHANGES

Changes to this Financial Supplement are as follows:

Credit Quality — page 21

Changes in nonperforming portfolio loans, changes in OREO, and loans 30-89 days past due have been added to this page.

Commercial Loan Industry Concentration — page 22

New Commercial loans by major industry have been added to this page.

Run-Off Loan Portfolio Statistics — pages 28-29

Statistics on the First Franklin nonconforming mortgage portfolio and National Home Equity home equity loans and lines of credit run-off portfolios have been summarized on this page. A rollforward of First Franklin loans has also been added.

Home Equity Sale and Sevicing Portfolio Data — page 30

The gross gain on sale percentage for NHE home equity loans and lines of credit sales has been added to this page.

Home Equity Portfolio Data — page 31

Insured balances of Retail Banking home equity loans and lines of credit have been added to this page.

Line of Business Results — pages 32-36

In conjunction with a reorganization of management structure, the line of business presentation has been realigned. The former Wholesale Banking business has been split into Commercial Banking-Regional and Commercial Banking-National. The National Home Equity and National City Mortgage businesses have been grouped into a new Mortgage Banking segment. Consumer & Small Business Financial Services has been renamed Retail Banking. Exited businesses and run-off portfolios have been grouped into Parent and Other. All prior period data has been reclassified to conform with the new presentation.

Monthly Financial Trends          Run-Off Loan Portfolio Statistics — page 42

The First Franklin nonconforming mortgage portfolio delinquency ratio has been added to this page.

2

Unaudited
National City Corporation
CONSOLIDATED FINANCIAL HIGHLIGHTS
(In millions, except per share data)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
EARNINGS
Tax-equivalent interest income	$	2,218		$	2,270		$	2,298		$	2,243		$	2,153		$	2,113		$	2,034		$	1,865		$	1,751
Interest expense		1,100			1,137			1,148			1,076			969			921			827			694			594
Tax-equivalent net interest income		1,118			1,133			1,150			1,167			1,184			1,192			1,207			1,171			1,157
Provision for credit losses		107			323			73			60			27			132			56			26			70
Tax-equivalent NII after provision for credit losses		1,011			810			1,077			1,107			1,157			1,060			1,151			1,145			1,087
Noninterest income		621			1,702			877			784			656			777			747			981			799
Noninterest expense		1,171			1,210			1,184			1,174			1,149			1,267			1,156			1,180			1,148
Income before taxes and tax-equivalent adjustment		461			1,302			770			717			664			570			742			946			738
Income taxes		134			452			236			238			197			164			256			313			247
Tax-equivalent adjustment		8			8			8			6			8			8			8			8			7
Net income	$	319		$	842		$	526		$	473		$	459		$	398		$	478		$	625		$	484
Effective tax rate		29.5	%		34.9	%		30.9	%		33.5	%		30.1	%		29.1	%		34.9	%		33.4	%		33.8	%
PER COMMON SHARE
Net income:
Basic	$	.50		$	1.37		$	.87		$	.77		$	.75		$	.65		$	.75		$	.98		$	.75
Diluted		.50			1.36			.86			.77			.74			.64			.74			.97			.74
Dividends paid		.39			.39			.39			.37			.37			.37			.37			.35			.35
Book value		22.12			23.06			21.44			20.84			20.69			20.51			20.54			20.42			19.82
Market value (close)		37.25			36.56			36.60			36.19			34.90			33.57			33.44			34.12			33.50
Average shares:
Basic		631.7			611.9			603.8			609.7			611.9			618.2			635.9			636.9			643.0
Diluted		640.5			620.7			612.1			618.2			619.7			625.4			644.7			644.1			652.5
PERFORMANCE RATIOS
Return on average common equity		8.98	%		24.93	%		16.45	%		15.08	%		14.91	%		12.57	%		14.59	%		19.65	%		15.35	%
Return on average total equity		8.99			24.94			16.46			15.10			14.92			12.59			14.61			19.66			15.37
Return on average assets		.94			2.44			1.51			1.35			1.33			1.10			1.31			1.80			1.42
Net interest margin		3.69			3.73			3.73			3.73			3.81			3.74			3.72			3.76			3.78
Efficiency ratio		67.37			42.71			58.43			60.14			62.45			64.35			59.19			54.83			58.67
LINE OF BUSINESS (LOB) RESULTS
Net Income:
Retail Banking	$	173		$	133		$	194		$	210		$	177		$	165		$	174		$	156		$	144
Commercial Banking — Regional		160			124			154			138			141			126			145			146			133
Commercial Banking — National		58			61			58			65			66			73			68			55			55
Mortgage Banking		2			39			67			(18	)		(34	)		59			59			180			118
Asset Management		26			21			24			30			22			14			19			26			21
Parent and Other		(100	)		464			29			48			87			(39	)		13			62			13
Total Consolidated National City Corporation	$	319		$	842		$	526		$	473		$	459		$	398		$	478		$	625		$	484
LOB Contribution to Diluted Earnings Per Share:
Retail Banking	$	.27		$	.22		$	.32		$	.34		$	.28		$	.26		$	.27		$	.24		$	.22
Commercial Banking — Regional		.25			.20			.25			.22			.23			.20			.22			.23			.21
Commercial Banking — National		.09			.10			.10			.11			.11			.12			.11			.08			.08
Mortgage Banking		—			.06			.11			(.03	)		(.06	)		.10			.09			.28			.18
Asset Management		.04			.03			.04			.05			.04			.02			.03			.04			.03
Parent and Other		(.15	)		.75			.04			.08			.14			(.06	)		.02			.10			.02
Total Consolidated National City Corporation	$	.50		$	1.36		$	.86		$	.77		$	.74		$	.64		$	.74		$	.97		$	.74

⁽¹⁾   See pages 32-36 for more details on Line of Business results

3

Unaudited
National City Corporation
CONSOLIDATED FINANCIAL HIGHLIGHTS (continued)
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
CREDIT QUALITY STATISTICS
Net charge-offs	$	147		$	128		$	117		$	76		$	121		$	138		$	83		$	72		$	87
Provision for credit losses		107			323			73			60			27			132			56			26			70
Loan loss allowance		1,104			1,131			932			989			1,001			1,094			1,108			1,125			1,179
Lending-related commitment allowance		63			78			80			77			79			84			88			100			93
Nonperforming assets		801			732			689			667			647			596			585			572			578
Annualized net charge-offs to average portfolio loans		.61	%		.54	%		.48	%		.30	%		.46	%		.52	%		.30	%		.27	%		.35	%
Loan loss allowance to period-end portfolio loans		1.11			1.18			1.00			.98			.98			1.03			1.02			1.05			1.15
Loan loss allowance to nonperforming portfolio loans		206.08			226.13			198.25			202.14			207.14			223.11			230.08			238.64			245.11
Loan loss allowance (period-end) to annualized net charge-offs		184.68			223.38			200.10			326.17			204.29			199.42			336.67			391.50			330.46
Nonperforming assets to period-end portfolio loans and other nonperforming assets		.80			.76			.74			.66			.63			.56			.54			.53			.56
CAPITAL AND LIQUIDITY RATIOS
Tier 1 capital(1)		7.07	%		8.93	%		7.48	%		7.31	%		7.38	%		7.43	%		7.68	%		7.96	%		7.91	%
Total risk-based capital(1)		10.12			12.16			10.30			10.20			10.31			10.54			10.78			11.20			11.25
Leverage(1)		6.92			8.56			7.13			6.89			6.92			6.83			7.03			7.36			7.22
Period-end equity to assets		9.51			10.40			9.34			8.91			9.00			8.86			8.80			9.02			8.97
Period-end tangible common equity to assets (2)		6.26			7.77			6.99			6.60			6.70			6.57			6.57			6.75			6.65
Average equity to assets		10.45			9.78			9.16			8.97			8.94			8.78			8.95			9.13			9.23
Average equity to portfolio loans		14.66			14.38			13.03			12.35			11.83			11.79			11.98			12.16			12.62
Average portfolio loans to deposits		111.78			110.18			116.64			122.88			127.05			126.68			127.88			130.12			124.24
Average portfolio loans to core deposits		128.66			131.69			140.31			146.55			155.09			156.15			158.32			154.90			150.92
Average portfolio loans to earning assets		80.79			76.65			79.11			81.32			84.71			83.41			83.59			84.13			82.45
Average securities to earning assets		6.34			6.43			6.40			6.24			6.20			6.00			5.75			6.21			6.67
AVERAGE BALANCES
Assets	$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	144,967		$	139,673		$	138,516
Portfolio loans		98,198			93,124			97,404			101,757			105,431			106,433			108,386			104,908			101,283
Loans held for sale or securitization		11,769			17,425			15,065			12,760			8,826			11,172			11,570			10,109			11,502
Securities (at cost)		7,704			7,806			7,874			7,802			7,719			7,657			7,450			7,746			8,195
Earning assets		121,543			121,488			123,126			125,127			124,459			127,608			129,659			124,691			122,847
Core deposits		76,322			70,717			69,419			69,434			67,979			68,160			68,462			67,728			67,109
Purchased deposits and funding		43,001			48,917			52,321			54,338			55,105			58,661			59,567			55,859			54,713
Total equity		14,398			13,388			12,687			12,565			12,468			12,549			12,980			12,752			12,779
PERIOD-END BALANCES
Assets	$	138,559		$	140,191		$	138,123		$	141,486		$	140,231		$	142,397		$	146,750		$	144,143		$	140,982
Portfolio loans		99,566			95,492			92,963			100,973			102,269			106,039			108,910			106,808			102,932
Loans held for sale or securitization		10,693			12,853			19,505			12,964			11,779			9,667			11,942			11,539			11,639
Securities (at fair value)		7,208			7,509			7,906			7,726			7,609			7,875			7,568			7,694			8,085
Core deposits		77,884			73,375			68,788			69,744			69,884			68,408			67,738			67,922			68,336
Purchased deposits and funding		42,897			47,147			51,987			54,069			52,879			56,564			61,839			58,639			55,274
Total equity		13,170			14,581			12,902			12,610			12,623			12,613			12,920			13,002			12,643

(1)	First quarter 2007 regulatory capital ratios are based upon preliminary data
(2)	Excludes goodwill and other intangible assets

4

Unaudited
National City Corporation
CONSOLIDATED STATEMENTS OF INCOME
($ in thousands, except per share data)

	2007		2006											2005
	1st Qtr		4th Qtr			3rd Qtr		2nd Qtr			1st Qtr			4th Qtr		3rd Qtr			2nd Qtr		1st Qtr
Interest Income:
Loans	$	2,055,933	$	2,107,538		$	2,143,202	$	2,089,927		$	2,010,826		$	1,977,690	$	1,904,666		$	1,736,785	$	1,619,969
Securities:
Taxable		97,145		100,149			98,585		97,085			89,988			85,291		81,689			86,041		89,776
Exempt from Federal income taxes		5,350		5,892			6,217		6,495			6,857			7,205		7,377			7,538		8,389
Dividends		456		954			256		345			1,351			2,424		2,420			2,436		1,577
Federal funds sold and security resale agreements		22,927		15,000			8,840		7,013			3,994			4,165		3,977			2,070		2,054
Other investments		28,606		32,787			33,132		35,265			32,064			27,615		26,407			22,107		22,151
Total interest income		2,210,417		2,262,320			2,290,232		2,236,130			2,145,080			2,104,390		2,026,536			1,856,977		1,743,916
Interest Expense:
Deposits		685,705		663,666			638,290		581,307			537,053			494,185		439,887			357,827		312,702
Federal funds borrowed and security repurchase agreements		57,377		88,699			82,632		53,967			59,207			72,887		61,801			37,551		37,654
Borrowed funds		16,197		25,097			23,387		31,909			22,500			27,869		19,037			14,492		6,498
Long-term debt		340,413		359,833			403,899		408,688			350,025			325,990		306,175			284,428		237,088
Total interest expense		1,099,692		1,137,295			1,148,208		1,075,871			968,785			920,931		826,900			694,298		593,942
Net interest income		1,110,725		1,125,025			1,142,024		1,160,259			1,176,295			1,183,459		1,199,636			1,162,679		1,149,974
Provision for credit losses		106,846		322,701			72,932		59,917			27,043			131,868		55,452			25,827		70,447
Net interest income after provision for credit losses		1,003,879		802,324			1,069,092		1,100,342			1,149,252			1,051,591		1,144,184			1,136,852		1,079,527
Noninterest Income:
Loan sale revenue		75,237		120,937			215,479		285,001			144,096			193,139		157,881			258,485		198,851
Loan servicing revenue		32,056		52,561			103,556		(20,597	)		(44,053	)		32,535		65,429			187,756		113,659
Deposit service charges		204,251		211,812			214,354		203,587			188,548			201,109		197,987			176,307		164,877
Insurance revenue		34,249		30,850			33,767		32,989			31,735			31,997		24,617			25,110		21,065
Trust and investment management fees		73,719		73,219			74,442		80,031			73,055			71,560		72,986			78,379		73,087
Card-related fees		33,234		29,648			28,413		25,794			30,420			27,861		31,414			29,413		21,704
Brokerage revenue		39,783		58,775			35,217		30,266			33,565			41,173		35,252			43,590		39,418
Leasing revenue		55,374		53,359			53,514		61,110			60,166			58,534		65,758			68,952		74,071
Gain on divestitures		—		983,940			—		—			—			—		16,001			—		—
Securities gains (losses), net		26,985		(13,472	)		283		990			11,716			9,083		(1,107	)		4,858		14,253
Other		45,633		100,133			118,450		84,910			126,399			110,269		80,205			108,178		78,623
Total noninterest income		620,521		1,701,762			877,475		784,081			655,647			777,260		746,423			981,028		799,608
Noninterest Expense:
Salaries, benefits, and other personnel		633,147		677,916			649,031		635,968			640,639			659,085		654,313			635,387		611,465
Equipment		83,301		94,225			74,158		78,877			78,798			80,630		70,971			75,880		75,990
Net occupancy		78,446		78,281			73,053		73,125			73,490			71,794		71,136			72,087		100,630
Third-party services		85,685		95,116			87,111		91,326			78,790			96,693		80,654			79,995		75,049
Card processing		7,157		6,966			7,395		6,595			6,686			5,754		5,297			5,198		4,847
Marketing and public relations		32,544		45,416			36,092		37,903			28,268			65,498		31,558			39,288		28,189
Leasing expense		34,450		41,847			37,861		42,254			43,105			45,010		24,649			52,735		56,575
Other		216,630		170,924			219,497		207,727			198,899			242,754		217,735			219,079		195,132
Total noninterest expense		1,171,360		1,210,691			1,184,198		1,173,775			1,148,675			1,267,218		1,156,313			1,179,649		1,147,877
Income before income tax expense		453,040		1,293,395			762,369		710,648			656,224			561,633		734,294			938,231		731,258
Income tax expense		133,828		451,738			235,923		237,722			197,417			163,504		256,463			313,104		247,116
Net income	$	319,212	$	841,657		$	526,446	$	472,926		$	458,807		$	398,129	$	477,831		$	625,127	$	484,142
Net Income Per Common Share:
Basic	$	.50	$	1.37		$	.87	$	.77		$	.75		$	.65	$	.75		$	.98	$	.75
Diluted		.50		1.36			.86		.77			.74			.64		.74			.97		.74
Average Common Shares:
Basic		631,710,591		611,908,170			603,848,871		609,656,508			611,910,838			618,227,109		635,857,605			636,882,733		643,004,817
Diluted		640,533,750		620,745,044			612,063,772		618,230,041			619,697,278			625,358,669		644,687,904			644,134,005		652,487,487
Memo:
Tax-equivalent net interest income	$	1,118,282	$	1,133,020		$	1,149,357	$	1,167,563		$	1,183,780		$	1,191,948	$	1,207,110		$	1,170,479	$	1,156,937
Net income available to common stockholders		318,775		841,220			526,009		472,511			458,392			397,714		477,416			624,734		483,749

5

Unaudited
National City Corporation
CONSOLIDATED PERIOD-END BALANCE SHEETS
($ in thousands)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Assets
Cash and demand balances due from banks	$	3,222,466		$	3,521,153		$	3,035,430		$	3,804,115		$	3,288,577		$	3,707,665		$	3,707,932		$	3,937,424		$	3,651,704
Federal funds sold and security resale agreements		2,394,424			1,551,350			371,610			925,594			472,356			301,260			409,338			265,575			191,985
Securities available for sale, at fair value		7,208,209			7,508,820			7,906,165			7,725,543			7,609,199			7,874,628			7,568,403			7,694,298			8,085,276
Other investments		1,609,114			6,317,779			1,813,649			2,405,917			2,218,936			2,108,622			1,913,213			1,929,430			1,818,145
Loans held for sale or securitization:
Commercial		29,441			33,661			36,263			82,276			66,298			10,784			13,964			9,000			9,000
Commercial real estate		173,419			177,312			336,995			87,292			186,951			35,306			89,349			137,789			741,175
Residential real estate		8,198,112			9,327,783			15,596,231			9,683,317			8,709,827			9,192,282			11,831,802			10,976,873			10,888,793
Credit card		—			425,000			—			—			—			425,000			—			414,343			—
Home equity lines of credit		2,291,907			2,888,512			3,522,022			3,099,705			2,810,156			—			—			—			—
Student loans		388			638			13,741			11,334			5,765			3,758			6,431			1,176			—
Total loans held for sale or securitization		10,693,267			12,852,906			19,505,252			12,963,924			11,778,997			9,667,130			11,941,546			11,539,181			11,638,968
Portfolio loans:
Commercial		31,173,047			31,052,021			29,862,733			29,298,715			28,147,700			27,571,913			27,548,742			27,934,129			26,382,505
Commercial construction		4,889,527			4,266,280			3,851,922			3,585,662			3,434,287			3,366,774			3,149,020			3,112,916			2,921,411
Commercial real estate		12,778,183			12,436,458			12,022,002			12,233,327			11,969,954			12,407,576			12,132,712			11,787,695			11,931,676
Residential real estate		27,956,149			24,775,632			23,824,603			31,443,519			32,589,900			32,822,947			33,074,697			32,498,082			30,984,625
Home equity lines of credit		14,322,084			14,594,782			15,293,584			16,626,039			17,599,150			21,438,690			22,649,068			21,735,749			20,130,281
Credit card and other unsecured lines of credit		2,958,390			3,006,789			2,704,794			2,569,448			2,453,129			2,611,679			2,371,087			2,302,375			2,293,615
Other consumer		5,488,829			5,360,110			5,403,854			5,216,159			6,075,268			5,819,144			7,984,637			7,436,695			8,288,293
Total portfolio loans		99,566,209			95,492,072			92,963,492			100,972,869			102,269,388			106,038,723			108,909,963			106,807,641			102,932,406
Allowance for loan losses		(1,104,011	)		(1,131,175	)		(932,058	)		(989,405	)		(1,001,324	)		(1,094,047	)		(1,108,194	)		(1,125,127	)		(1,178,824	)
Net portfolio loans		98,462,198			94,360,897			92,031,434			99,983,464			101,268,064			104,944,676			107,801,769			105,682,514			101,753,582
Properties and equipment		1,492,410			1,402,150			1,325,761			1,308,358			1,300,488			1,328,903			1,277,607			1,267,479			1,275,620
Equipment leased to others		500,422			572,952			594,303			661,542			706,779			696,327			758,325			865,476			961,814
Other real estate owned		263,197			229,070			196,937			167,378			151,376			97,008			92,411			90,578			90,062
Mortgage servicing rights		2,089,863			2,094,387			2,264,104			2,541,250			2,361,617			2,115,715			1,835,921			1,454,444			1,787,344
Goodwill		4,550,642			3,815,911			3,339,631			3,346,779			3,304,999			3,313,109			3,322,205			3,317,259			3,298,052
Other intangible assets		251,447			183,648			157,403			162,188			155,286			168,353			183,056			194,796			198,459
Derivative assets		589,093			612,914			693,444			566,777			642,234			772,918			785,764			983,019			910,956
Accrued income and other assets		5,232,205			5,166,905			4,887,573			4,922,748			4,972,103			5,300,800			5,152,489			4,921,966			5,320,326
Total Assets	$	138,558,957		$	140,190,842		$	138,122,696		$	141,485,577		$	140,231,011		$	142,397,114		$	146,749,979		$	144,143,439		$	140,982,293
Liabilities
Deposits:
Noninterest bearing	$	17,313,652		$	17,537,278		$	16,188,883		$	17,312,118		$	17,186,781		$	17,429,227		$	18,059,199		$	18,756,679		$	19,200,996
NOW and money market accounts		33,360,456			30,335,531			28,734,045			28,710,382			29,538,292			28,304,007			27,906,992			28,191,008			29,081,000
Savings accounts		2,473,508			1,881,444			1,821,496			1,970,616			2,105,325			2,147,022			2,222,831			2,369,628			2,459,455
Consumer time		24,736,279			23,620,821			22,043,743			21,750,652			21,053,803			20,527,784			19,548,914			18,604,907			17,594,106
Core deposits		77,883,895			73,375,074			68,788,167			69,743,768			69,884,201			68,408,040			67,737,936			67,922,222			68,335,557
Other		3,564,659			4,119,756			5,199,389			4,846,707			6,061,923			6,734,915			7,322,820			6,432,114			5,019,009
Foreign		7,187,637			9,738,760			8,794,632			8,633,371			5,470,495			8,843,036			8,357,477			8,784,996			7,335,170
Total deposits		88,636,191			87,233,590			82,782,188			83,223,846			81,416,619			83,985,991			83,418,233			83,139,332			80,689,736
Federal funds borrowed and security repurchase agreements		5,967,883			5,283,997			7,346,405			4,912,465			5,236,545			6,499,254			7,788,910			8,217,810			7,610,530
Borrowed funds		1,857,988			1,648,967			3,956,550			3,150,985			2,461,246			3,517,537			5,452,671			1,538,640			1,796,793
Long-term debt		24,318,984			26,355,676			26,689,743			32,525,381			33,648,686			30,969,616			32,917,618			33,665,675			33,512,583
Derivative liabilities		619,007			717,830			668,477			1,119,162			1,004,762			738,343			695,752			643,487			841,483
Accrued expenses and other liabilities		3,988,535			4,369,779			3,777,510			3,943,974			3,840,215			4,073,502			3,556,508			3,936,741			3,887,679
Total Liabilities		125,388,588			125,609,839			125,220,873			128,875,813			127,608,073			129,784,243			133,829,692			131,141,685			128,338,804
Stockholders’ Equity
Preferred stock		—			—			—			—			—			—			—			—			—
Common stock		2,381,941			2,529,527			2,407,502			2,420,214			2,439,965			2,460,191			2,515,572			2,546,862			2,551,086
Capital surplus		4,962,660			4,793,537			3,766,184			3,749,508			3,709,927			3,681,603			3,734,318			3,726,660			3,682,830
Retained earnings		5,881,809			7,328,853			6,739,515			6,564,449			6,522,324			6,459,212			6,630,213			6,649,450			6,362,731
Accumulated other comprehensive income		(56,041	)		(70,914	)		(11,378	)		(124,407	)		(49,278	)		11,865			40,184			78,782			46,842
Total Stockholders’ Equity		13,170,369			14,581,003			12,901,823			12,609,764			12,622,938			12,612,871			12,920,287			13,001,754			12,643,489
Total Liabilities and Stockholders’ Equity	$	138,558,957		$	140,190,842		$	138,122,696		$	141,485,577		$	140,231,011		$	142,397,114		$	146,749,979		$	144,143,439		$	140,982,293
Common Shares Outstanding		595,485,028			632,381,603			601,875,473			605,053,511			609,991,042			615,047,663			628,892,825			636,715,366			637,771,299
Memo:
Noninterest bearing escrow balances	$	3,334,760		$	3,645,186		$	3,498,396		$	3,780,740		$	3,700,578		$	3,514,063		$	4,240,458		$	4,430,980		$	4,357,808
Interest bearing escrow balances		154,251			134,446			128,891			140,555			131,339			141,388			129,176			136,386			154,546
Noninterest bearing deposits excluding escrow balances		13,978,892			13,892,092			12,690,487			13,531,378			13,486,203			13,915,164			13,818,741			14,325,699			14,843,188
Core deposits excluding escrow balances		74,394,884			69,595,442			65,160,880			65,822,473			66,052,284			64,752,589			63,368,302			63,354,856			63,823,203
Sweep account balances, excluded from core deposit balances		9,768,463			8,415,378			7,293,124			6,388,985			6,220,952			5,998,935			5,897,823			5,362,130			4,737,979

6

Unaudited
National City Corporation
CONSOLIDATED AVERAGE BALANCE SHEETS
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Assets
Earning Assets:
Portfolio loans:
Commercial	$	30,985		$	30,106		$	29,545		$	28,709		$	27,540		$	27,449		$	27,426		$	27,151		$	25,553
Commercial construction		4,722			4,058			3,723			3,507			3,426			3,279			3,083			2,999			2,909
Commercial real estate		12,976			12,066			12,061			12,100			12,022			12,153			12,069			11,782			12,127
Residential real estate		26,604			23,837			28,488			31,812			32,921			32,787			33,537			31,669			30,515
Home equity lines of credit		14,409			14,896			15,629			17,089			20,979			21,808			22,160			20,950			19,520
Credit card and other unsecured lines of credit		3,019			2,803			2,654			2,528			2,515			2,469			2,399			2,304			2,351
Other consumer		5,483			5,358			5,304			6,012			6,028			6,488			7,712			8,053			8,308
Total portfolio loans		98,198			93,124			97,404			101,757			105,431			106,433			108,386			104,908			101,283
Loans held for sale or securitization:
Commercial		38			35			49			68			12			25			18			13			16
Commercial real estate		174			101			116			142			86			122			84			279			312
Residential real estate		8,520			14,385			11,904			9,086			7,977			10,089			11,178			9,746			11,174
Automobile		—			—			—			—			—			710			—			—			—
Student		—			4			15			4			4			4			5			—			—
Home equity lines of credit		2,669			2,815			2,981			3,460			331			15			—			—			—
Credit card		368			85						—			416			207			285			71			—
Total loans held for sale or securitization		11,769			17,425			15,065			12,760			8,826			11,172			11,570			10,109			11,502
Securities available for sale, at cost		7,704			7,806			7,874			7,802			7,719			7,657			7,450			7,746			8,195
Federal funds sold and security resale agreements		1,748			1,122			654			536			327			355			378			218			259
Other investments		2,124			2,011			2,129			2,272			2,156			1,991			1,875			1,710			1,608
Total earning assets		121,543			121,488			123,126			125,127			124,459			127,608			129,659			124,691			122,847
Allowance for loan losses		(1,154	)		(941	)		(988	)		(1,009	)		(1,092	)		(1,097	)		(1,123	)		(1,178	)		(1,175	)
Fair value (depreciation) appreciation of securities available for sale		(11	)		(4	)		(120	)		(120	)		(28	)		(8	)		74			79			146
Cash and demand balances due from banks		2,965			2,953			3,075			3,246			3,326			3,493			3,698			3,687			3,706
Properties and equipment		1,495			1,369			1,311			1,300			1,311			1,293			1,270			1,282			1,277
Equipment leased to others		553			595			617			687			707			727			796			915			1,008
Other real estate owned		239			218			186			158			104			95			92			91			92
Mortgage servicing rights		2,175			2,275			2,465			2,438			2,191			2,071			1,662			1,710			1,504
Goodwill		4,479			3,564			3,346			3,326			3,310			3,319			3,323			3,308			3,300
Other intangible assets		256			163			156			156			161			174			184			188			206
Derivative assets		244			345			153			—			140			248			317			295			353
Accrued income and other assets		5,026			4,868			5,107			4,710			4,807			5,060			5,015			4,605			5,252
Total Assets	$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	144,967		$	139,673		$	138,516
Liabilities
Deposits:
Noninterest bearing	$	16,831		$	16,695		$	16,740		$	17,057		$	16,766		$	17,752		$	18,706		$	18,434		$	18,136
NOW and money market accounts		32,582			29,538			28,810			28,872			28,367			28,160			28,233			28,726			29,253
Savings accounts		2,433			1,834			1,903			2,042			2,106			2,189			2,303			2,425			2,531
Consumer time		24,476			22,650			21,966			21,463			20,740			20,059			19,220			18,143			17,189
Core deposits		76,322			70,717			69,419			69,434			67,979			68,160			68,462			67,728			67,109
Brokered retail CDs		3,006			3,499			4,161			4,899			5,492			6,073			6,255			4,843			4,336
Other		917			972			1,049			956			1,047			885			764			619			538
Foreign		7,602			9,334			8,878			7,518			8,469			8,900			9,278			7,432			9,539
Total deposits		87,847			84,522			83,507			82,807			82,987			84,018			84,759			80,622			81,522
Federal funds borrowed and security repurchase agreements		5,072			7,289			6,876			5,110			6,198			8,151			7,976			6,077			7,130
Borrowed funds		1,240			1,937			1,925			2,768			2,180			2,865			2,123			2,524			1,486
Long-term debt		25,164			25,886			29,432			33,087			31,719			31,787			33,171			34,364			31,684
Derivative liabilities		353			348			431			181			188			193			240			219			284
Accrued expenses and other liabilities		3,736			3,523			3,576			3,501			3,656			3,420			3,718			3,115			3,631
Total Liabilities		123,412			123,505			125,747			127,454			126,928			130,434			131,987			126,921			125,737
Total Stockholders’ Equity		14,398			13,388			12,687			12,565			12,468			12,549			12,980			12,752			12,779
Total Liabilities and Stockholders’ Equity	$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	144,967		$	139,673		$	138,516
Memo:
Noninterest bearing escrow balances	$	3,386		$	4,069		$	4,250		$	4,084		$	3,651		$	4,346		$	4,965		$	4,431		$	4,038
Interest bearing escrow balances		153			134			136			139			136			136			138			137			138
Noninterest bearing deposits excluding escrow balances		13,445			12,626			12,490			12,973			13,115			13,406			13,741			14,003			14,098
Core deposits excluding escrow balances		72,783			66,514			65,033			65,211			64,192			63,678			63,359			63,160			62,933
Sweep account balances, excluded from core deposit balances		9,253			7,975			6,974			6,157			6,063			6,309			5,568			5,289			4,851

7

Unaudited
National City Corporation
SELECTED AVERAGE BALANCES
($ in millions)

	2007		2006								2005
	1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr
AVERAGE MORTGAGE LOANS HELD FOR SALE
National City Mortgage	$	6,339	$	5,636	$	5,635	$	5,760	$	5,527	$	7,098	$	8,294	$	7,694	$	8,511
First Franklin(1)		1,140		8,016		5,509		2,768		2,322		2,991		2,884		2,052		2,661
National Home Equity (NHE)		1,041		733		760		558		128		—		—		—		—
Other		—		—		—		—		—		—		—		—		2
Total mortgage loans held for sale	$	8,520	$	14,385	$	11,904	$	9,086	$	7,977	$	10,089	$	11,178	$	9,746	$	11,174
SELECTED AVERAGE PORTFOLIO LOAN BALANCES
Commercial
Commercial	$	24,342	$	23,621	$	23,547	$	22,900	$	21,782	$	21,919	$	22,347	$	22,168	$	20,699
Floorplan		992		1,005		998		1,081		1,067		1,031		946		1,054		1,046
Leases		3,981		3,781		3,532		3,428		3,522		3,477		3,215		3,067		2,918
Non-taxable		381		372		333		310		303		293		312		301		307
International		1,289		1,327		1,135		990		866		729		606		561		583
Total Commercial	$	30,985	$	30,106	$	29,545	$	28,709	$	27,540	$	27,449	$	27,426	$	27,151	$	25,553
Real estate — residential
Bank portfolio and other	$	12,743	$	9,582	$	8,614	$	7,966	$	7,766	$	7,414	$	7,803	$	7,285	$	6,258
First Franklin(1)		7,490		7,949		13,591		17,537		18,636		18,985		19,622		18,505		18,433
Home equity installment		6,371		6,306		6,283		6,309		6,519		6,388		6,112		5,879		5,824
Total Real Estate — Residential	$	26,604	$	23,837	$	28,488	$	31,812	$	32,921	$	32,787	$	33,537	$	31,669	$	30,515
Credit Card and Other Unsecured Lines of Credit
Credit card	$	1,173	$	1,032	$	958	$	892	$	920	$	919	$	926	$	896	$	983
Personal lines of credit		827		816		786		759		750		726		664		618		603
Business lines of credit		1,019		955		910		877		845		824		809		790		765
Total Credit Card and Other Unsecured Lines of Credit	$	3,019	$	2,803	$	2,654	$	2,528	$	2,515	$	2,469	$	2,399	$	2,304	$	2,351
BUSINESS UNIT SELECTED AVERAGE PORTFOLIO LOAN BALANCES
National Home Equity(2)
Home equity lines of credit	$	5,462	$	6,243	$	6,993	$	8,396	$	12,190	$	12,919	$	13,292	$	12,163	$	10,860
Installment loans (real estate-residential)		1,421		1,477		1,572		1,688		2,018		2,001		1,855		1,741		1,651
Total National Home Equity	$	6,883	$	7,720	$	8,565	$	10,084	$	14,208	$	14,920	$	15,147	$	13,904	$	12,511

(1)	Represents nonconforming mortgages originated under the former First Franklin and/or Altegra/Loan Zone business units. These portfolios are in run-off.
(2)	National Home Equity represents a division under the Mortgage Banking line of business. As a result of the originate-and-sell strategy for nonfootprint, broker-sourced home equity loans and lines of credit, these portfolios are in run-off.

8

Unaudited
National City Corporation
SELECTED PERIOD-END BALANCES
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
MORTGAGE LOANS HELD FOR SALE OR SECURITIZATION
National City Mortgage	$	7,052		$	6,592		$	5,703		$	6,185		$	5,790		$	6,785		$	8,346		$	8,288		$	8,668
First Franklin(1)		—			1,625			8,851			2,645			2,389			2,407			3,486			2,689			2,221
National Home Equity (NHE)		1,146			1,111			1,042			853			531			—			—			—			—
Total Mortgage Loans Held for Sale or Securitization	$	8,198		$	9,328		$	15,596		$	9,683		$	8,710		$	9,192		$	11,832		$	10,977		$	10,889
PORTFOLIO LOAN BALANCES
Commercial
Commercial	$	24,454		$	24,225		$	23,432		$	23,300		$	22,359		$	21,805		$	22,252		$	22,843		$	21,412
Floorplan		994			1,035			989			1,068			1,103			1,097			950			1,055			1,047
Leases		4,095			4,083			3,812			3,531			3,439			3,546			3,377			3,166			3,033
Non-taxable		380			379			342			319			300			305			300			310			305
International		1,250			1,330			1,288			1,081			947			819			670			560			585
Total Commercial	$	31,173		$	31,052		$	29,863		$	29,299		$	28,148		$	27,572		$	27,549		$	27,934		$	26,382
Real estate — residential
Bank portfolio and other	$	13,392		$	10,857		$	9,232		$	8,549		$	7,997		$	7,623		$	7,288		$	7,677		$	6,987
First Franklin(1)		8,217			7,486			8,308			16,590			18,261			18,688			19,497			18,888			18,138
Home equity installment		6,347			6,433			6,285			6,305			6,332			6,512			6,290			5,933			5,860
Total Real Estate — Residential	$	27,956		$	24,776		$	23,825		$	31,444		$	32,590		$	32,823		$	33,075		$	32,498		$	30,985
INTANGIBLE ASSETS
Goodwill	$	4,551		$	3,816		$	3,340		$	3,347		$	3,305		$	3,313		$	3,322		$	3,317		$	3,298
Core deposit intangibles		226			153			125			133			127			134			142			151			159
Credit card intangibles		4			5			5			5			6			6			6			2			2
Other intangibles		21			26			27			24			22			28			35			42			38
Total Intangible Assets	$	4,802		$	4,000		$	3,497		$	3,509		$	3,460		$	3,481		$	3,505		$	3,512		$	3,497
Memo:
Holding company investment in subsidiaries	$	14,501		$	13,082		$	13,864		$	13,895		$	13,548		$	13,246		$	13,941		$	13,704		$	13,409
Holding company intangible assets		120			117			117			122			122			122			109			110			111
Double leverage ratio(2)		1.11	x		0.91	x		1.08	x		1.11	x		1.08	x		1.06	x		1.09	x		1.06	x		1.07	x
PRINCIPAL INVESTMENTS(3)
Type of Investment:
Direct investments in public entities		—			—			—			—			—			—			—		$	4		$	4
Direct investments in nonpublic entities	$	319		$	311		$	312		$	326		$	319		$	317		$	336			298			309
Indirect investments (funds)		365			354			353			355			348			344			350			343			351
Total Investments	$	684		$	665		$	665		$	681		$	667		$	661		$	686		$	645		$	664
Type of Security:
Common stock	$	80		$	78		$	80		$	77		$	74		$	76		$	76		$	64		$	64
Convertible debt and preferred stock		11			11			15			23			26			26			28			32			35
Investments in partnerships, funds and other equity instruments		415			398			390			393			386			379			402			406			416
Mezzanine (subordinated) debt		178			178			180			188			181			180			180			143			149
Total Investments	$	684		$	665		$	665		$	681		$	667		$	661		$	686		$	645		$	664
Memo:
Commitments to fund principal investments	$	297		$	282		$	292		$	310		$	290		$	295		$	272		$	297		$	243

(1)	Represents nonconforming mortgages originated under the former First Franklin and/or Altegra/Loan Zone business units. These portfolios are in run-off.
(2)	Holding company investment in subsidiaries and intangible assets divided by consolidated equity.
(3)	Includes equity and mezzanine capital investments in nonpublic and public entities made by National City Equity Partners and National City Capital Corp., which are within the Commercial Banking — National line of business.

9

Unaudited
National City Corporation
SECURITIZED BALANCES
($ in millions)

	2007		2006								2005
	1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr
CREDIT CARD LOANS(1)
Managed Credit Card Loans:
Average balances:
Loans held in portfolio	$	1,173	$	1,032	$	958	$	892	$	920	$	919	$	926	$	896	$	983
Loans held for securitization		368		85		—		—		416		207		285		71		—
Loans securitized		1,082		1,362		1,450		1,450		1,035		1,240		1,165		1,376		1,450
Total Average Managed Credit Card Loans	$	2,623	$	2,479	$	2,408	$	2,342	$	2,371	$	2,366	$	2,376	$	2,343	$	2,433
End of period balances:
Loans held in portfolio	$	1,131	$	1,185	$	989	$	900	$	859	$	1,032	$	859	$	857	$	912
Loans held for securitization		—		425		—		—		—		425		—		414		—
Loans securitized		1,450		1,025		1,450		1,450		1,450		1,026		1,450		1,036		1,450
Total Managed Credit Card Loans	$	2,581	$	2,635	$	2,439	$	2,350	$	2,309	$	2,483	$	2,309	$	2,307	$	2,362
AUTOMOBILE LOANS(2)
Managed Automobile Loans(3):
Average balances:
Loans held in portfolio	$	167	$	267	$	252	$	264	$	316	$	1,145	$	2,679	$	2,722	$	2,760
Loans held for securitization		—		—		—		—		—		710		—		—		—
Loans securitized		1,327		1,547		1,801		2,142		2,465		1,257		624		725		835
Total Average Managed Automobile Loans	$	1,494	$	1,814	$	2,053	$	2,406	$	2,781	$	3,112	$	3,303	$	3,447	$	3,595
End of period balances:
Loans held in portfolio	$	150	$	185	$	228	$	232	$	271	$	352	$	2,650	$	2,664	$	2,785
Loans securitized		1,217		1,439		1,668		1,987		2,299		2,602		576		674		778
Total Managed Automobile Loans	$	1,367	$	1,624	$	1,896	$	2,219	$	2,570	$	2,954	$	3,226	$	3,338	$	3,563

(1)	In March 2007, March 2006 and August 2005, the Corporation sold through securitization $425 million, $425 million, and $600 million of credit card receivables, respectively.
(2)	In December 2005, the Corporation sold through securitization $2.2 billion of indirect prime automobile loans.
(3)	Represents managed portfolio of indirect prime automobile loans. This portfolio is in run-off.

10

Unaudited
National City Corporation
AVERAGE BALANCE/NET INTEREST INCOME/RATES
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
AVERAGE BALANCES
Assets
Earning Assets:
Loans(1):
Commercial	$	31,023		$	30,141		$	29,594		$	28,777		$	27,552		$	27,474		$	27,444		$	27,164		$	25,569
Commercial construction		4,722			4,058			3,723			3,507			3,426			3,279			3,083			2,999			2,909
Commercial real estate		13,150			12,167			12,177			12,242			12,108			12,275			12,153			12,061			12,439
Residential real estate		35,124			38,222			40,392			40,898			40,898			42,876			44,715			41,415			41,689
Home equity lines of credit		17,078			17,711			18,610			20,549			21,310			21,823			22,160			20,950			19,520
Credit card and other unsecured lines of credit		3,387			2,888			2,654			2,528			2,931			2,676			2,684			2,375			2,351
Other consumer		5,483			5,362			5,319			6,016			6,032			7,202			7,717			8,053			8,308
Total loans		109,967			110,549			112,469			114,517			114,257			117,605			119,956			115,017			112,785
Securities available for sale, at cost:
Taxable		7,257			7,313			7,351			7,260			7,153			7,060			6,838			7,112			7,539
Tax-exempt		447			493			523			542			566			597			612			634			656
Total securities available for sale		7,704			7,806			7,874			7,802			7,719			7,657			7,450			7,746			8,195
Federal funds sold, security resale agreements, and other investments		3,872			3,133			2,783			2,808			2,483			2,346			2,253			1,928			1,867
Total earning assets		121,543			121,488			123,126			125,127			124,459			127,608			129,659			124,691			122,847
Allowance for loan losses		(1,154	)		(941	)		(988	)		(1,009	)		(1,092	)		(1,097	)		(1,123	)		(1,178	)		(1,175	)
Fair value (depreciation) appreciation of securities available for sale		(11	)		(4	)		(120	)		(120	)		(28	)		(8	)		74			79			146
Nonearning assets		17,432			16,350			16,416			16,021			16,057			16,480			16,357			16,081			16,698
Total Assets	$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	144,967		$	139,673		$	138,516
Liabilities and Stockholders’ Equity
Interest bearing liabilities:
NOW and money market accounts	$	32,582		$	29,538		$	28,810		$	28,872		$	28,367		$	28,160		$	28,233		$	28,726		$	29,253
Savings accounts		2,433			1,834			1,903			2,042			2,106			2,189			2,303			2,425			2,531
Consumer time deposits		24,476			22,650			21,966			21,463			20,740			20,059			19,220			18,143			17,189
Other deposits		3,923			4,471			5,210			5,855			6,539			6,958			7,019			5,462			4,874
Foreign deposits		7,602			9,334			8,878			7,518			8,469			8,900			9,278			7,432			9,539
Federal funds borrowed		1,237			3,675			3,286			1,746			2,823			4,675			4,506			2,978			3,912
Security repurchase agreements		3,835			3,614			3,590			3,364			3,375			3,476			3,470			3,099			3,218
Borrowed funds		1,240			1,937			1,925			2,768			2,180			2,865			2,123			2,524			1,486
Long-term debt		25,164			25,886			29,432			33,087			31,719			31,787			33,171			34,364			31,684
Total interest bearing liabilities		102,492			102,939			105,000			106,715			106,318			109,069			109,323			105,153			103,686
Noninterest bearing deposits		16,831			16,695			16,740			17,057			16,766			17,752			18,706			18,434			18,136
Accrued interest and other liabilities		4,089			3,871			4,007			3,682			3,844			3,613			3,958			3,334			3,915
Total Liabilities		123,412			123,505			125,747			127,454			126,928			130,434			131,987			126,921			125,737
Total Stockholders’ Equity		14,398			13,388			12,687			12,565			12,468			12,549			12,980			12,752			12,779
Total Liabilities and Stockholders’ Equity	$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	144,967		$	139,673		$	138,516
Memo:
Interest bearing core deposits	$	59,491		$	54,022		$	52,679		$	52,377		$	51,213		$	50,408		$	49,756		$	49,294		$	48,973
Interest bearing total deposits		71,016			67,827			66,767			65,750			66,221			66,266			66,053			62,188			63,386
Borrowed funding and long-term debt		31,476			35,112			38,233			40,965			40,097			42,803			43,270			42,965			40,300

⁽¹⁾ Includes loans held for sale or securitization

11

Unaudited
National City Corporation
AVERAGE BALANCES/NET INTEREST INCOME/RATES (continued)
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
INTEREST
Assets
Earning Assets:
Loans(1):
Commercial	$	582		$	577		$	572		$	529		$	480		$	454		$	420		$	385		$	330
Commercial construction		83			81			73			67			62			58			50			45			40
Commercial real estate		237			229			224			218			209			210			197			188			183
Residential real estate		633			706			750			738			712			729			725			660			643
Home equity lines of credit		336			349			363			373			370			345			323			280			246
Credit card and other unsecured lines of credit		96			81			75			69			83			72			70			57			52
Other consumer		94			89			90			100			99			115			123			126			129
Total loans		2,061			2,112			2,147			2,094			2,015			1,983			1,908			1,741			1,623
Securities available for sale, at cost:
Taxable		97			101			99			97			92			88			84			88			92
Tax-exempt		8			8			9			10			10			10			11			12			12
Total securities available for sale		105			109			108			107			102			98			95			100			104
Federal funds sold, security resale agreements, and other investments		52			49			43			42			36			32			31			24			24
Total earning assets	$	2,218		$	2,270		$	2,298		$	2,243		$	2,153		$	2,113		$	2,034		$	1,865		$	1,751
Liabilities
Interest bearing liabilities:
NOW and money market accounts	$	249		$	221		$	211		$	194		$	172		$	151		$	132		$	112		$	93
Savings accounts		8			2			3			3			3			2			3			3			2
Consumer time deposits		287			265			245			224			202			190			169			150			133
Other deposits		51			60			68			74			74			70			62			41			30
Foreign deposits		91			115			112			86			86			80			75			51			55
Federal funds borrowed		16			50			44			22			31			47			40			22			25
Security repurchase agreements		41			40			38			32			28			26			22			15			13
Borrowed funds		16			25			23			32			23			28			19			15			6
Long-term debt		341			359			404			409			350			327			305			285			237
Total interest bearing liabilities	$	1,100		$	1,137		$	1,148		$	1,076		$	969		$	921		$	827		$	694		$	594
Tax-Equivalent Net Interest Income	$	1,118		$	1,133		$	1,150		$	1,167		$	1,184		$	1,192		$	1,207		$	1,171		$	1,157
Memo:
Interest bearing core deposits	$	544		$	488		$	459		$	421		$	377		$	343		$	304		$	265		$	228
Interest bearing total deposits		686			663			639			581			537			493			441			357			313
Borrowed funding and long-term debt		414			474			509			495			432			428			386			337			281
Amortization of fair value adjustments included above(2):
Loans	$	(14	)	$	(7	)	$	(4	)	$	(5	)	$	(3	)	$	(4	)	$	(7	)	$	(7	)	$	(9	)
Deposits		1			—			—			1			(2	)		(5	)		(9	)		(12	)		(17	)
Long-term debt		(4	)		(5	)		(6	)		(6	)		(6	)		(7	)		(8	)		(10	)		(7	)

(1)	Includes loans held for sale or securitization
(2)	Fair value adjustments recognized under the purchase method of accounting in connection with acquisitions

12

Unaudited
National City Corporation
AVERAGE BALANCES/NET INTEREST INCOME/RATES (continued)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
RATES
Assets
Earning Assets:
Loans(1):
Commercial		7.60	%		7.61	%		7.66	%		7.38	%		7.06	%		6.57	%		6.07	%		5.69	%		5.22	%
Commercial construction		7.12			7.87			7.83			7.62			7.36			6.99			6.47			5.99			5.59
Commercial real estate		7.31			7.44			7.31			7.13			7.02			6.80			6.42			6.25			5.98
Residential real estate		7.23			7.39			7.41			7.22			6.97			6.80			6.49			6.36			6.17
Home equity lines of credit		7.87			7.87			7.82			7.26			6.94			6.33			5.83			5.34			5.04
Credit card and other unsecured lines of credit		11.47			11.12			11.24			10.95			11.44			10.48			10.43			9.74			8.90
Other consumer		6.91			6.56			6.70			6.68			6.66			6.34			6.34			6.28			6.28
Total loans		7.55			7.61			7.61			7.32			7.10			6.72			6.34			6.06			5.79
Securities available for sale, at cost:
Taxable		5.39			5.53			5.37			5.37			5.12			4.96			4.92			4.96			4.88
Tax-exempt		7.03			7.03			6.98			7.07			7.20			7.19			7.18			7.40			7.29
Total securities available for sale		5.48			5.62			5.48			5.49			5.27			5.14			5.10			5.16			5.07
Federal funds sold, security resale agreements, and other investments		5.41			6.20			6.00			6.05			5.92			5.40			5.39			5.02			5.27
Total earning assets		7.36			7.44			7.43			7.18			6.96			6.60			6.25			5.99			5.73
Liabilities
Interest bearing liabilities:
NOW and money market accounts		3.09			2.97			2.89			2.70			2.46			2.13			1.85			1.57			1.28
Savings accounts		1.34			.65			.64			.57			.49			.49			.47			.41			.38
Consumer time deposits		4.76			4.65			4.43			4.19			3.95			3.75			3.49			3.33			3.13
Other deposits		5.31			5.30			5.19			5.02			4.62			4.01			3.48			2.99			2.51
Foreign deposits		4.84			4.86			5.00			4.61			4.12			3.58			3.19			2.77			2.33
Federal funds borrowed		5.32			5.31			5.33			5.02			4.49			4.03			3.53			2.98			2.55
Security repurchase agreements		4.35			4.33			4.25			3.83			3.36			2.90			2.48			2.00			1.65
Borrowed funds		5.30			5.14			4.82			4.62			4.19			3.86			3.56			2.30			1.77
Long-term debt		5.47			5.52			5.45			4.95			4.46			4.08			3.67			3.32			3.03
Total interest bearing liabilities		4.35			4.39			4.34			4.04			3.69			3.35			3.00			2.65			2.32
Net Interest Spread		3.01			3.05			3.09			3.14			3.27			3.25			3.25			3.34			3.41
Contribution of noninterest bearing sources of funds		.68			.68			.64			.59			.54			.49			.47			.42			.37
Net Interest Margin		3.69	%		3.73	%		3.73	%		3.73	%		3.81	%		3.74	%		3.72	%		3.76	%		3.78	%
Memo:
Interest bearing core deposits		3.71	%		3.60	%		3.45	%		3.23	%		2.98	%		2.70	%		2.42	%		2.16	%		1.88	%
Interest bearing total deposits		3.92			3.88			3.79			3.55			3.29			2.96			2.64			2.31			2.00
Borrowed funding and long-term debt		5.32			5.36			5.30			4.84			4.36			3.96			3.55			3.14			2.82

⁽¹⁾ Includes loans held for sale or securitization

13

Unaudited
National City Corporation
STOCKHOLDER DATA
($ in millions, except per share data)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Per common share:
Basic net income	$	.50		$	1.37		$	.87		$	.77		$	.75		$	.65		$	.75		$	.98		$	.75
Diluted net income		.50			1.36			.86			.77			.74			.64			.74			.97			.74
Trailing four quarters basic net income		3.51			3.76			3.04			2.92			3.13			3.13			3.96			4.09			3.95
Trailing four quarters diluted net income		3.49			3.73			3.01			2.89			3.09			3.09			3.91			4.03			3.89
Dividends declared		.39			.39			.39			.37			.37			.37			.37			.35			.35
Dividends paid		.39			.39			.39			.37			.37			.37			.37			.35			.35
Dividend payout ratio(1)		78.00	%		28.68	%		45.35	%		48.05	%		50.00	%		57.81	%		50.00	%		36.08	%		47.30	%
Dividend yield (annualized)(2)		4.19			4.27			4.26			4.09			4.24			4.41			4.43			4.10			4.18
P/E ratio(3)		10.67	x		9.80	x		12.16	x		12.52	x		11.29	x		10.86	x		8.55	x		8.47	x		8.61	x
Common dividends declared	$	254.2		$	236.4		$	238.0		$	227.5		$	229.8		$	232.6		$	236.9		$	224.5		$	228.4
Preferred dividends declared		.4			.4			.4			.4			.4			.4			.4			.4			.4
Common dividends paid		254.2			236.4			238.0			227.5			229.8			232.6			236.9			224.5			228.4
Preferred dividends paid		.4			.4			.4			.4			.4			.4			.4			.4			.4
Shares outstanding(4):
Average basic		631,711			611,908			603,849			609,657			611,911			618,227			635,858			636,883			643,005
Average diluted		640,534			620,745			612,064			618,230			619,697			625,359			644,688			644,134			652,487
Ending common		595,485			632,382			601,875			605,054			609,991			615,048			628,893			636,715			637,771
Common stock price:
High	$	38.94		$	37.47		$	37.42		$	38.04		$	36.25		$	35.04		$	37.85		$	35.30		$	37.75
Low		34.82			35.29			34.50			34.38			33.26			29.75			33.37			32.08			32.85
Close		37.25			36.56			36.60			36.19			34.90			33.57			33.44			34.12			33.50
Book value per common share	$	22.12		$	23.06		$	21.44		$	20.84		$	20.69		$	20.51		$	20.54		$	20.42		$	19.82
Tangible book value per common share		14.05			16.73			15.63			15.04			15.02			14.85			14.97			14.90			14.34
Other comprehensive income per share		(.09	)		(.11	)		(.02	)		(.20	)		(.08	)		.02			.06			.12			.07
Market to book value		168.4	%		158.5	%		170.7	%		173.7	%		168.7	%		163.7	%		162.8	%		167.1	%		169.0	%
Market capitalization of common stock	$	22,182		$	23,120		$	22,029		$	21,897		$	21,289		$	20,647		$	21,030		$	21,725		$	21,365

(1)	Dividend declared divided by diluted net income per common share
(2)	Dividend declared (annualized) divided by quarter-end stock price
(3)	Quarter-end stock price divided by trailing-four-quarters diluted net income per common share
(4)	In thousands

INTEREST RATE RISK MEASURES

	2007			2006												2005
	1st Qtr (1)			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
MARKET VALUE OF EQUITY(MVE)(2)
Duration of Equity(DOE)(3):
Current Yield Curve		+1.1	%		+0.8	%		+1.0	%		+1.4	%		+1.3	%		+0.7	%		+0.7	%		+0.1	%		-0.1	%
+150 basis points Shock vs. Current Yield Curve(4)		+2.1	%		+1.2	%		+1.6	%		+2.2	%		+2.0	%		+1.6	%		+1.6	%		+1.1	%		+0.8	%
-150 basis points Shock vs. Current Yield Curve(5)		+0.6	%		+0.6	%		+0.2	%		+0.0	%		+0.0	%		-0.6	%		-0.7	%		-1.2	%		-1.8	%

(1)	Based on positions at February 28, 2007 and market values at March 16, 2007.
(2)	The Market Value of Equity (MVE) is defined as the discounted present value of net cash flows from all assets, liabilities, and off-balance sheet arrangements, other than MSRs and associated hedges. MVE analysis is performed as of a single point in time and does not include estimates of future business volumes or intangible assets.
(3)	Duration of Equity (DOE) represents the estimated percentage change in MVE for a 1% instantaneous parallel shift in the yield curve. A positive DOE indicates that MVE would increase as rates fall, or decrease as rates rise. A negative DOE indicates that MVE would increase as rates rise, or decrease as rates fall.
	(4) Asset Liability Committee’s (ALCO) policy limit is +3.0%.
(5)	ALCO’s policy limit is -1.0%.

14

Unaudited
National City Corporation
CAPITALIZATION (Period End)
(in millions, except per share data)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
LONG-TERM DEBT AND BORROWED FUNDS
Long-Term Debt:
Holding company debt:
Senior notes	$	1,847		$	1,242		$	1,240		$	1,210		$	1,227		$	1,241		$	1,250		$	1,266		$	815
Subordinated debt		1,063			1,067			1,070			1,020			1,056			1,089			1,106			1,137			1,331
Junior subordinated debentures owed to unconsolidated subsidiary trusts		850			949			342			344			343			474			594			598			600
Other		—			—			—			—			—			—			—			—			1
Total holding company debt		3,760			3,258			2,652			2,574			2,626			2,804			2,950			3,001			2,747
Subsidiary debt:
Subordinated debt		2,482			2,477			1,986			1,917			1,964			2,011			2,034			2,069			2,015
Senior bank notes		15,977			18,580			20,126			25,275			25,206			22,088			22,997			23,602			23,420
FHLB advances		2,048			1,999			1,887			2,721			3,812			3,920			4,774			4,783			4,851
Secured debt financings		43			31			27			25			29			131			147			178			480
Other		9			11			12			13			12			16			16			33			—
Total subsidiary debt		20,559			23,098			24,038			29,951			31,023			28,166			29,968			30,665			30,766
Total Long-Term Debt	$	24,319		$	26,356		$	26,690		$	32,525		$	33,649		$	30,970		$	32,918		$	33,666		$	33,513
Borrowed Funds:
U.S. Treasury demand notes	$	54		$	434		$	2,430		$	1,325		$	76		$	1,754		$	2,734		$	600		$	734
Short-term senior bank notes		—			—			60			46			98			137			79			20			60
Short-term FHLB advances		1			—			—			—			—			150			1,150			—			—
Commercial paper and other		1,803			1,215			1,467			1,780			2,287			1,477			1,490			919			1,003
Total Borrowed Funds	$	1,858		$	1,649		$	3,957		$	3,151		$	2,461		$	3,518		$	5,453		$	1,539		$	1,797
STOCKHOLDERS’ EQUITY
Total stockholders’ equity	$	13,170		$	14,581		$	12,902		$	12,610		$	12,623		$	12,613		$	12,920		$	13,002		$	12,643
Accumulated Other Comprehensive Income, Net of Tax:
SFAS 115 unrealized gain (loss), net		—		$	4		$	(9	)	$	(124	)	$	(57	)	$	(4	)	$	22		$	71		$	23
SFAS 133 unrealized gain (loss), net	$	15			(4	)		(2	)		—			8			16			18			8			24
SFAS 158 unrecognized (loss), net		(71	)		(71	)		—			—			—			—			—			—			—
Total Accumulated Other Comprehensive Income, Net of Tax	$	(56	)	$	(71	)	$	(11	)	$	(124	)	$	(49	)	$	12		$	40		$	79		$	47
RISK-BASED CAPITAL(1)
Tier 1 capital	$	9,196		$	11,535		$	9,603		$	9,392		$	9,396		$	9,517		$	9,913		$	10,003		$	9,731
Total risk-based capital		13,164			15,705			13,215			13,103			13,121			13,500			13,914			14,078			13,853
Risk-weighted assets		130,125			129,190			128,297			128,512			127,273			128,108			129,095			125,720			123,096
Tier 1 capital ratio		7.07	%		8.93	%		7.48	%		7.31	%		7.38	%		7.43	%		7.68	%		7.96	%		7.91	%
Total risk-based capital ratio		10.12			12.16			10.30			10.20			10.31			10.54			10.78			11.20			11.25
Leverage ratio		6.92			8.56			7.13			6.89			6.92			6.83			7.03			7.36			7.22
COMMON STOCK ROLLFORWARD
Beginning balance		632.4			601.9			605.1			610.0			615.0			628.9			636.7			637.8			646.7
Shares issued under stock award plans		5.8			2.0			1.4			3.6			3.1			1.0			2.5			1.9			1.5
Shares issued for acquisitions		13.7			29.5			—			—			—			—			—			—			—
Shares issued for PRIDES conversions		—			—			—			—			—			—			.4			2.2			3.8
Shares repurchased under repurchase authorizations(2)		(55.2	)		(.6	)		(4.3	)		(7.7	)		(7.5	)		(14.7	)		(10.2	)		(4.7	)		(13.9	)
Shares exchanged for stock award plans		(1.2	)		(.4	)		(.3	)		(.8	)		(.6	)		(.2	)		(.6	)		(.4	)		(.4	)
Other		—			—			—			—			—			—			.1			(.1	)		.1
Ending Balance		595.5			632.4			601.9			605.1			610.0			615.0			628.9			636.7			637.8
COMMON STOCK REPURCHASE ACTIVITY
Number of common shares repurchased(2)		55.2			.6			4.3			7.7			7.5			14.7			10.2			4.7			13.9
Average price per share of repurchased common shares	$	38.30		$	37.02		$	36.27		$	36.12		$	34.10		$	32.69		$	35.31		$	33.73		$	35.48
Total cost	$	2,113.7		$	22.7		$	155.8		$	279.3		$	256.1		$	479.9		$	358.6		$	159.2		$	494.0
Common shares remaining under authorization(3)		28.6			43.5			14.1			18.4			26.1			33.6			8.3			18.5			23.2
SELECTED RATIOS AND OTHER
Long-term debt to equity		184.65	%		180.75	%		206.87	%		257.94	%		266.57	%		245.54	%		254.77	%		258.93	%		265.06	%
Long-term debt to total capitalization		64.87			64.38			67.41			72.06			72.72			71.06			71.81			72.14			72.61
Equity to assets		9.51			10.40			9.34			8.91			9.00			8.86			8.80			9.02			8.97
Tangible common equity to assets(4)		6.26			7.77			6.99			6.60			6.70			6.57			6.57			6.75			6.65

(1)	First quarter 2007 risk-based capital is based upon preliminary data.
(2)	The first quarter of 2007 includes 40.3 million shares repurchased under the “modified Dutch auction” tender offer.
(3)	In April 2007, National City’s Board of Directors authorized the repurchase of an additional 40 million shares of issued and outstanding common stock.
(4)	Excludes goodwill and other intangible assets.

15

Unaudited
National City Corporation
NONINTEREST INCOME
($ in millions)

	2007			2006											2005
	1st Qtr			4th Qtr			3rd Qtr		2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Loan sale revenue	$	75		$	122		$	215	$	285		$	144		$	193		$	158		$	258		$	199
Loan servicing revenue		32			52			104		(21	)		(44	)		32			65			188			114
Deposit service charges		204			212			214		203			189			201			198			176			165
Insurance revenue		34			31			33		33			32			32			25			25			21
Trust and investment management fees		74			74			74		80			73			72			73			78			73
Card-related fees		33			29			29		26			30			28			31			29			22
Other service fees		37			47			35		37			32			32			34			33			26
Brokerage revenue		40			59			35		30			34			41			35			44			39
Leasing revenue		55			53			54		61			60			58			66			69			74
Derivative (losses) gains, net(1)		(23	)		(13	)		23		(11	)		(6	)		20			(1	)		32			13
Principal investment gains (losses), net		10			30			30		24			34			24			14			9			10
Gain on divestitures		—			984			—		—			—			—			16			—			—
Securities gains (losses), net		27			(13	)		—		1			12			9			(1	)		5			14
All other		23			35			31		36			66			35			34			35			29
Total Noninterest Income	$	621		$	1,702		$	877	$	784		$	656		$	777		$	747		$	981		$	799
Memo:
Operating lease intangible amortization(2)		—			—			—	$	(1	)	$	(2	)	$	(4	)	$	(5	)	$	(7	)	$	(8	)

(1)	Ineffective hedge and other derivative gains and losses related to loan sale and servicing activities are included in loan sale and loan servicing revenue
(2)	Represents amortization of operating lease intangible asset recognized in connection with the acquisition of Provident, included in leasing revenue

NONINTEREST EXPENSE
($ in millions)

	2007		2006									2005
	1st Qtr		4th Qtr			3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr
Salaries, benefits, and other personnel	$	633	$	678		$	649	$	636	$	641	$	660	$	654	$	635	$	611
Equipment		83		94			74		79		79		80		71		76		76
Net occupancy		78		78			73		74		73		72		71		72		72
Third-party services		86		95			87		91		79		96		81		80		75
Insurance expense		25		27			28		30		27		25		12		11		12
Telecommunications		18		19			18		20		18		20		21		20		21
Marketing and public relations		33		46			36		38		28		66		32		39		28
Leasing expense		34		42			38		42		43		45		25		52		57
Postage		22		18			21		19		22		18		22		21		22
Travel and entertainment		18		21			18		20		18		22		20		22		21
Supplies		19		14			16		15		15		14		14		16		16
State and local taxes		20		(9	)		20		23		17		8		20		22		24
Intangible asset amortization		17		13			13		10		11		11		11		15		15
Straight-line operating lease rent adjustment		—		—			—		—		—		—		—		—		29
Impairment, fraud, and other losses, net		21		3			22		13		19		52		19		21		16
All other		64		71			71		64		59		78		83		78		53
Total Noninterest Expense	$	1,171	$	1,210		$	1,184	$	1,174	$	1,149	$	1,267	$	1,156	$	1,180	$	1,148
Memo:
Acquisition integration costs	$	16	$	7		$	3	$	2		—	$	5	$	9	$	12	$	19

16

Unaudited
National City Corporation
DEPOSIT SERVICE CHARGES
($ in millions)

	2007		2006								2005
	1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr
Personal Accounts:
DDA and NOW deposit fees	$	8	$	9	$	8	$	9	$	8	$	9	$	9	$	9	$	9
Savings and time deposit fees		3		2		3		3		3		3		3		3		3
Overdraft and NSF fees		93		99		103		94		81		89		92		73		62
Debit card interchange fees		32		31		31		29		30		29		28		26		25
Total personal account fees		136		141		145		135		122		130		132		111		99
Business accounts:
Deposit fees		5		6		5		6		5		5		7		6		9
Overdraft and NSF fees		13		12		14		13		12		12		14		9		8
Debit card interchange fees		4		4		4		5		3		4		3		3		3
Cash management fees		41		40		42		40		41		39		41		41		39
Total Business account fees		63		62		65		64		61		60		65		59		59
Other deposit service charges		5		9		4		4		6		11		1		6		7
Total Deposit Service Charges	$	204	$	212	$	214	$	203	$	189	$	201	$	198	$	176	$	165

CARD-RELATED FEES
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Credit card:
Credit limit exceed and stop payment fees	$	3		$	3		$	3		$	3		$	3		$	2		$	4		$	2		$	3
Cash advance fees		2			3			2			1			2			1			1			1			1
Interchange fees		23			21			19			19			20			20			20			16			10
Reward programs and incentives		(10	)		(11	)		(11	)		(10	)		(9	)		(10	)		(8	)		(8	)		(7	)
Debt cancellation and other fees		—			(1	)		—			(1	)		—			(2	)		—			3			2
Total credit card fees		18			15			13			12			16			11			17			14			9
Other:
Personal and business lines of credit fees		1			1			1			1			1			1			1			1			1
Home equity lines of credit		2			3			3			3			3			5			3			2			2
ATM fees		12			10			12			10			10			11			10			12			10
Total other card-related fees		15			14			16			14			14			17			14			15			13
Total Card-Related Fees	$	33		$	29		$	29		$	26		$	30		$	28		$	31		$	29		$	22

17

Unaudited

National City Corporation
SALARIES, BENEFITS, AND OTHER PERSONNEL EXPENSE
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Salaries and wages	$	350		$	363		$	355		$	354		$	352		$	354		$	361		$	356		$	351
Incentive compensation		159			218			218			204			171			201			229			209			170
Deferred personnel costs		(75	)		(104	)		(105	)		(104	)		(90	)		(121	)		(124	)		(116	)		(96	)
Stock-based compensation		23			19			16			17			16			15			12			15			15
Payroll taxes		49			34			35			39			53			31			36			38			51
Contract labor		32			56			38			43			35			67			51			47			34
Medical and other benefits		47			38			43			46			48			38			45			45			47
Retirement plans		31			18			21			22			28			16			20			20			26
Market valuation adjustments on deferred compensation liabilities		4			18			10			(1	)		15			6			9			7			(6	)
Severance and other		13			18			18			16			13			53			15			14			19
Total Salaries, Benefits, and Other Personnel Expense	$	633		$	678		$	649		$	636		$	641		$	660		$	654		$	635		$	611

FULL-TIME EQUIVALENT EMPLOYEES BY LINE OF BUSINESS ⁽¹⁾

	2007		2006								2005
	1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr
Line of business staff:
Retail Banking		12,555		12,477		12,377		12,395		12,130		11,989		12,392		12,682		12,512
Commercial Banking — Regional		1,821		1,827		1,834		1,815		1,845		1,886		1,898		1,885		1,861
Commercial Banking — National		605		586		583		576		577		576		571		552		526
Mortgage Banking
National City Mortgage		6,890		6,804		6,837		7,088		7,305		7,673		7,831		7,956		7,970
National Home Equity		417		404		408		439		454		503		514		497		448
Total Mortgage Banking		7,307		7,208		7,245		7,527		7,759		8,176		8,345		8,453		8,418
Asset Management		1,528		1,513		1,489		1,521		1,523		1,509		1,521		1,572		1,527
Corporate support staff(2)(3)(4)		8,495		7,659		10,093		10,117		10,014		10,134		10,406		10,349		10,264
Total Employees		32,311		31,270		33,621		33,951		33,848		34,270		35,133		35,493		35,108

(1)	Represents period-end, active, full-time equivalent employees.
(2)	Personnel expense associated with corporate staff are allocated to the lines of business either directly based on usage or indirectly as part of the general overhead allocation process.
(3)	Periods prior to December 2006 include full-time equivalent employees associated with the First Franklin and National City Home Loan Services business units which were sold in December 2006.
(4)	The first quarter of 2007 includes 1,482 full-time employees associated with the Harbor and Fidelity acquisitions not yet assigned to business units.

NATIONAL CITY MORTGAGE
FULL-TIME EQUIVALENT EMPLOYEES ⁽¹⁾

	2007		2006								2005
	1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr
National City Mortgage(NCM):
Loan origination — commission		2,568		2,462		2,566		2,590		2,577		2,565		2,650		2,731		2,782
Loan origination — non-commission		2,600		2,542		2,444		2,605		2,664		2,903		2,985		3,045		3,003
Total loan origination		5,168		5,004		5,010		5,195		5,241		5,468		5,635		5,776		5,785
Loan servicing		716		738		752		785		812		842		848		813		817
Indirect production		792		815		815		830		880		998		983		995		1,003
Corporate overhead and other		214		247		260		278		372		365		365		372		365
Total NCM FTEs		6,890		6,804		6,837		7,088		7,305		7,673		7,831		7,956		7,970

⁽¹⁾ Represents period-end, active, full-time equivalent employees.

18

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National City Corporation
CREDIT QUALITY STATISTICS
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
LOAN LOSS ALLOWANCE
Beginning loan loss allowance	$	1,131		$	932		$	989		$	1,001		$	1,094		$	1,108		$	1,125		$	1,179		$	1,188
Provision for loan losses		122			325			70			62			32			136			68			19			77
Charge-offs:
Commercial		34			40			37			28			45			59			27			31			43
Commercial construction		1			8			1			2			—			—			2			—			2
Commercial real estate		3			6			2			5			7			8			11			8			5
Residential real estate		72			52			82			47			46			37			26			29			42
Home equity lines of credit		23			23			20			15			21			17			10			8			7
Credit card and other unsecured lines of credit		35			26			20			20			28			39			33			30			28
Other consumer		14			15			12			11			26			30			24			20			26
Total charge-offs		182			170			174			128			173			190			133			126			153
Recoveries:
Commercial		11			13			15			10			16			20			20			25			32
Commercial construction		—			—			—			—			—			2			—			—			—
Commercial real estate		1			3			2			1			2			3			2			2			3
Residential real estate		5			14			23			19			12			14			13			12			17
Home equity lines of credit		6			4			5			5			4			2			2			2			2
Credit card and other unsecured lines of credit		5			3			3			4			6			3			3			4			2
Other consumer		7			5			9			13			12			8			10			9			10
Total recoveries		35			42			57			52			52			52			50			54			66
Net charge-offs		147			128			117			76			121			138			83			72			87
Other(1)		(2	)		2			(10	)		2			(4	)		(12	)		(2	)		(1	)		1
Ending loan loss allowance	$	1,104		$	1,131		$	932		$	989		$	1,001		$	1,094		$	1,108		$	1,125		$	1,179
Memo:
Net charge-offs on:
Securitized credit cards	$	11		$	13		$	15		$	14		$	7		$	24		$	14		$	20		$	18
Managed credit cards		31			27			24			24			20			48			34			38			36
Securitized automobile loans		4			5			4			3			4			3			3			3			3
Managed automobile loans(2)		3			4			4			1			8			13			10			8			11
NET CHARGE-OFFS AS A % OF AVERAGE PORTFOLIO LOANS (annualized)
Commercial		.31	%		.35	%		.30	%		.26	%		.42	%		.56	%		.09	%		.10	%		.18	%
Commercial construction		.04			.74			.10			.22			(.03	)		(.16	)		.22			.06			.26
Commercial real estate		.07			.15			(.02	)		.12			.17			.13			.33			.19			.08
Residential real estate		1.03			.62			.82			.35			.43			.29			.16			.20			.34
Home equity lines of credit		.48			.50			.38			.22			.35			.28			.13			.11			.11
Credit card and other unsecured lines of credit		3.99			3.21			2.57			2.62			3.45			5.86			4.82			4.64			4.48
Other consumer		.50			.73			.26			(.15	)		.93			1.33			.78			.54			.76
Total Net Charge-offs		.61	%		.54	%		.48	%		.30	%		.46	%		.52	%		.30	%		.27	%		.35	%
Memo:
Securitized credit cards		4.06	%		3.96	%		4.04	%		3.89	%		2.66	%		7.57	%		4.75	%		5.92	%		5.04	%
Managed credit cards		4.81	%		4.32	%		4.04	%		4.02	%		3.45	%		7.95	%		5.70	%		6.44	%		6.08	%
Securitized automobile loans		1.10	%		1.11	%		.96	%		.64	%		.59	%		.98	%		1.92	%		1.37	%		1.67	%
Managed automobile loans(2)		.93	%		1.04	%		.73	%		.05	%		1.25	%		1.65	%		1.25	%		.94	%		1.24	%
LENDING-RELATED COMMITMENTS ALLOWANCE(3)
Beginning lending-related commitment allowance	$	78		$	80		$	77		$	79		$	84		$	88		$	100		$	93		$	100
Allowance related to commitments acquired		—			—			—			—			—			—			—			—			—
Net provision for credit losses		(15	)		(2	)		3			(2	)		(5	)		(4	)		(12	)		7			(7	)
Ending lending-related commitment allowance	$	63		$	78		$	80		$	77		$	79		$	84		$	88		$	100		$	93
Memo:
Total Provision for Credit Losses	$	107		$	323		$	73		$	60		$	27		$	132		$	56		$	26		$	70

(1)	Includes the allowance for loan losses associated with acquisitions, portfolio loans transferred to held for sale, and reinsurance claims paid to third parties.
(2)	Represents managed portfolio of indirect prime automobile loans which are in run off.
(3)	Included in accrued expenses and other liabilities on the consolidated balance sheet.

19

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National City Corporation
CREDIT QUALITY STATISTICS (continued)
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
NONPERFORMING ASSETS
Commercial	$	120		$	124		$	142		$	178		$	165		$	181		$	169		$	142		$	158
Commercial construction		51			38			55			36			27			20			28			28			13
Commercial real estate		118			111			97			108			117			114			111			118			110
Residential real estate:
National City Mortgage		97			77			79			82			86			96			100			106			116
First Franklin(1)		68			65			62			60			62			52			51			51			59
Other(2)		82			85			35			25			26			27			23			26			25
Total real estate — residential		247			227			176			167			174			175			174			183			200
Total nonperforming portfolio loans		536			500			470			489			483			490			482			471			481
Other real estate owned (OREO):
Commercial		—			1			—			2			2			5			3			4			3
Residential real estate:
National City Mortgage(3)		112			105			88			78			77			26			28			28			30
First Franklin (1)		145			116			104			84			69			58			52			47			50
Other		—			4			3			1			1			1			1			1			2
Total real estate — residential		257			225			195			163			147			85			81			76			82
Other		6			3			2			2			2			7			8			11			5
Total OREO		263			229			197			167			151			97			92			91			90
Mortgage loans held for sale and other		2			3			22			11			13			9			11			10			7
Total Nonperforming Assets	$	801		$	732		$	689		$	667		$	647		$	596		$	585		$	572		$	578
PERCENTAGE OF NONPERFORMING ASSETS BY CATEGORY
Commercial		15	%		17	%		21	%		27	%		27	%		30	%		28	%		24	%		28	%
Commercial construction		6			5			8			5			4			3			5			5			2
Commercial real estate		15			15			14			16			18			19			19			21			19
Residential real estate:
National City Mortgage		12			11			11			12			13			16			17			18			20
First Franklin(1)		9			9			9			9			9			9			9			9			10
Other(2)		10			12			5			4			4			5			4			5			4
Total real estate — residential		31			32			25			25			26			30			30			32			34
Total nonperforming portfolio loans		67			69			68			73			75			82			82			82			83
Other real estate owned (OREO):
Commercial		—			—			—			—			—			1			1			1			1
Residential real estate:
National City Mortgage(3)		14			15			13			12			12			4			5			5			6
First Franklin(1)		18			16			15			12			11			10			9			8			8
Other		—			—			—			—			—			—			—			—			—
Total real estate — residential		32			31			28			24			23			14			14			13			14
Other		1			—			1			1			—			1			1			2			1
Total OREO		33			31			29			25			23			16			16			16			16
Mortgage loans held for sale and other		—			—			3			2			2			2			2			2			1
Total Nonperforming Assets		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%
RATIOS
Nonperforming assets to period-end portfolio loans and other nonperforming assets		.80	%		.76	%		.74	%		.66	%		.63	%		.56	%		.54	%		.53	%		.56	%
Nonperforming assets to period-end total assets		.58			.52			.50			.47			.46			.42			.40			.40			.41
Loan loss allowance to nonperforming portfolio loans		206.08			226.13			198.25			202.14			207.14			223.11			230.08			238.64			245.11
Loan loss allowance to period-end portfolio loans		1.11			1.18			1.00			.98			.98			1.03			1.02			1.05			1.15
Loan loss allowance (period-end) to annualized net charge-offs		184.68			223.38			200.10			326.17			204.29			199.42			336.67			391.50			330.46

(1)	Represents nonconforming mortgages originated under the former First Franklin and/or Altegra/Loan Zone business units. These portfolios are in run-off.
(2)	Includes loans to residential real estate developers whose loans are collateralized by real estate.
(3)	Effective March 31, 2006, a change in regulatory reporting requirements resulted in a reclassification of residential real estate loans in foreclosure, which are insured by GNMA, to Other Real Estate Owned (OREO).

20

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National City Corporation
CREDIT QUALITY STATISTICS (continued)
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
CHANGES IN NONPERFORMING PORTFOLIO LOANS
Beginning nonperforming portfolio loans	$	500		$	470		$	489		$	483		$	490
Additions:
Obtained with acquisitions		38			5			—			—			—
Newly classified nonperformers		164			225			159			153			157
Total additions		202			230			159			153			157
Subtractions:
Return to performing status		(14	)		(2	)		(7	)		(8	)		(3	)
Net charge-offs		(31	)		(38	)		(24	)		(34	)		(31	)
Payoffs/paydowns		(84	)		(105	)		(97	)		(56	)		(83	)
Transferred to loans held for sale		(8	)		(1	)		(6	)		(9	)		(5	)
Transferred to OREO		(28	)		(54	)		(45	)		(40	)		(42	)
Total subtractions		(165	)		(200	)		(179	)		(147	)		(164	)
Other		(1	)		—			1			—			—
Ending nonperforming portfolio loans	$	536		$	500		$	470		$	489		$	483
CHANGES IN OREO
Beginning OREO balance	$	229		$	197		$	167		$	151		$	97		$	92		$	91		$	90		$	89
Additions:
Transfers from loan portfolios		135			158			172			129			111			52			48			48			51
Transfers from property and equipment		3			2			1			—			—			—			—			6			3
Total additions		138			160			173			129			111			52			48			54			54
Subtractions:
Transfers to loan portfolios		—			(1	)		(23	)		(63	)		(1	)		(1	)		(1	)		(2	)		—
Sales of OREO(cost basis)		(97	)		(120	)		(115	)		(46	)		(46	)		(43	)		(42	)		(48	)		(48	)
Writedowns		(8	)		(6	)		(5	)		(4	)		(5	)		—			—			—			—
Total subtractions		(105	)		(127	)		(143	)		(113	)		(52	)		(44	)		(43	)		(50	)		(48	)
Other		1			(1	)		—			—			(5	)		(3	)		(4	)		(3	)		(5	)
Ending OREO balance	$	263		$	229		$	197		$	167		$	151		$	97		$	92		$	91		$	90
LOANS 90+ DAYS PAST DUE ACCRUING INTEREST
Commercial	$	46		$	31		$	73		$	51		$	35		$	36		$	61		$	51		$	59
Commercial construction		9			9			10			—			2			5			9			10			6
Commercial real estate		31			18			16			17			5			9			37			32			39
Residential real estate:
National City Mortgage and other		191			141			137			109			110			118			122			123			162
First Franklin(1)		644			567			501			407			365			392			309			273			267
Total real estate — residential		835			708			638			516			475			510			431			396			429
Home equity lines of credit		47			37			24			21			20			23			17			11			10
Credit card and other unsecured lines of credit		35			35			24			21			20			20			23			22			22
Other consumer		10			11			11			8			8			17			14			13			9
Mortgage loans held for sale and other		19			89			53			40			29			16			20			10			19
Total Loans 90+ Days Past Due	$	1,032		$	938		$	849		$	674		$	594		$	636		$	612		$	545		$	593
Total Loans 30-89 Days Past Due	$	2,245		$	2,127		$	2,176		$	1,902		$	1,608		$	1,974		$	1,913		$	1,732		$	1,754

⁽¹⁾ Represents nonconforming mortgages originated under the former First Franklin and/or Altegra/Loan Zone business units. These portfolios are in run-off.

21

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National City Corporation
TEN LARGEST NONPERFORMING ASSETS AS OF MARCH 31, 2007
($ in millions)

			Amount		As a Percentage of Total
Major Industry(1)	Sub-Industry	Portfolio	Outstanding		Nonperforming Assets
Real estate	Real Estate - Non-Residential Buildings & Single Family Housing	Commercial Real Estate	$	19		2.4	%
Real estate	Real Estate - Single Family Housing Construction	Residential Real Estate		18		2.3	%
Real estate	Real Estate - Multifamily Housing	Commercial Real Estate		17		2.1	%
Consumer cyclical	Automobile - Retail & Service	Commercial		13		1.6	%
Real estate	Real Estate - Single Family Housing	Residential Real Estate		11		1.4	%
Industrial	Air Transportation	Commercial		10		1.3	%
Real estate	Real Estate - Single Family Housing Construction	Residential Real Estate		9		1.1	%
Real estate	Real Estate - Subdivider & Developer (Single Family Housing)	Residential Real Estate		9		1.1	%
Real estate	Real Estate - Subdivider & Developer (Single Family Housing)	Residential Real Estate		9		1.1	%
Technology	Aerospace & Defense	Commercial		8		1.0	%
			$	123		15.4	%
Total nonperforming assets			$	801		100.0	%
Nonperforming assets as a percentage of period-end portfolio loans and other nonperforming assets						.80	%

⁽¹⁾ Based on Standard Industrial Classification System codes

COMMERCIAL LOAN INDUSTRY CONCENTRATION AS OF MARCH 31, 2007
($ in millions)

			Percent to			Average Loan		Largest Loan
Major Industry(1)	Balance		Total			Balance Per Obligor		to a Single Obligor		New Loans
Real estate	$	13,702		28	%	$	.9	$	61	$	185
Consumer cyclical		8,721		18	%		1.1		114		162
Industrial		6,908		14	%		1.3		57		195
Consumer noncyclical		5,810		12	%		.6		37		45
Basic materials		3,901		8	%		1.8		45		88
Financial		3,074		6	%		1.7		107		181
Services		1,930		4	%		.4		58		23
Energy and utilities		878		2	%		1.2		35		11
Technology		887		2	%		3.6		30		38
Miscellaneous		3,030		6	%		.3		44		104
Total commercial, commercial real estate and commercial construction	$	48,841		100	%

⁽¹⁾ Based on Standard Industrial Classification System codes

22

Unaudited
National City Corporation
RETAIL BANKING PERFORMANCE MEASURES
($ in millions)

	2007		2006								2005
	1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr
Average Total Deposits (1)	$	57,422	$	56,507	$	56,105	$	55,905	$	54,739	$	54,187	$	53,562	$	52,935	$	52,050
DEPOSIT ACCOUNT METRICS(1)(2)(3)
Personal Deposits:
Noninterest Bearing Checking
Average total balance	$	3,080	$	2,950	$	3,017	$	3,173	$	3,203	$	3,123	$	3,221	$	3,367	$	3,378
Number of accounts(4)		1,713		1,685		1,706		1,701		1,713		1,737		1,765		1,764		1,753
Interest Bearing Checking
Average total balance	$	8,254	$	8,109	$	8,046	$	8,187	$	8,013	$	7,929	$	7,906	$	8,078	$	8,065
Number of accounts(4)		1,147		1,127		1,101		1,054		999		969		938		897		856
Money Market Savings
Average total balance	$	14,660	$	13,882	$	13,740	$	13,762	$	13,572	$	13,299	$	13,535	$	13,869	$	14,078
Number of accounts(4)		1,093		972		937		878		824		779		748		710		659
Regular savings
Average total balance	$	1,514	$	1,556	$	1,659	$	1,792	$	1,830	$	1,895	$	2,012	$	2,140	$	2,156
Number of accounts(4)		519		534		556		583		607		634		663		696		728
Business Deposits:
Average total balance	$	8,229	$	8,456	$	8,309	$	8,156	$	8,020	$	8,484	$	8,246	$	7,882	$	7,700
Number of accounts(4)		405		405		402		396		389		387		385		382		376
Time Deposits:
Average total balance	$	21,533	$	21,438	$	21,228	$	20,736	$	20,018	$	19,393	$	18,590	$	17,546	$	16,619
Number of accounts(4)		1,056		1,055		1,059		1,042		1,017		1,005		985		967		930
CONSUMER LOAN PRODUCTION METRICS (# of loans)(2)(3)
Installment loan originations:
Home equity(5)(7)		5,716		6,179		7,715		6,878		8,347		5,881		8,171		5,034		5,344
Other(6)		6,021		6,077		6,341		6,010		3,589		2,923		4,331		4,420		3,966
Home equity(7) and other lines of credit		17,123		17,735		18,357		20,030		14,931		17,037		21,603		22,149		16,994
Total Consumer Loan Originations		28,860		29,991		32,413		32,918		26,867		25,841		34,105		31,603		26,304
BANK BRANCHES(8)
Traditional		1,320		1,268		1,218		1,210		1,195		1,185		1,182		1,179		1,174
In-store		37		35		35		35		35		35		35		42		43
Total Bank Branches		1,357		1,303		1,253		1,245		1,230		1,220		1,217		1,221		1,217
ATMs(8)		2,098		2,013		1,960		1,968		1,949		1,935		1,930		1,933		1,928
Online Banking Customers(8)		1,760,334		1,680,939		1,572,084		1,462,992		1,359,249		1,276,855		1,224,089		1,135,539		1,062,707
SELECTED LOAN METRICS
Student loans (other consumer)(9)
End of period balances	$	915	$	702	$	646	$	314	$	1,167	$	855	$	748	$	263	$	1,138
Average balances		901		617		463		1,075		1,118		755		472		913		1,105
Principal balance of loans sold		83		167		161		1,013		112		199		68		992		68
Gain on loan sales		1		1		1		16		—		1		1		11		1
National City Card Services (NCCS)
Average balances:
Credit cards	$	1,463	$	1,080	$	897	$	845	$	1,289	$	1,095	$	1,192	$	972	$	971
Securitized credit cards (10)		1,082		1,362		1,450		1,450		1,035		1,240		1,165		1,376		1,450
Total Average Managed NCCS Credit Cards	$	2,545	$	2,442	$	2,347	$	2,295	$	2,324	$	2,335	$	2,357	$	2,348	$	2,421

(1)	Restated to reflect the reassignment of certain deposits with the Commercial Banking — Regional line of business.
(2)	Excludes amounts associated with the Harbor and Fidelity acquisitions.
(3)	Excludes Education Finance and National City Card Services. Additionally, home equity loans generated by the National Home Equity division of the Mortgage Banking line of business are excluded from these metrics.
(4)	Represents period-end number of accounts in thousands.
(5)	Represents closed-end home equity installment loans included in real estate residential portfolio loans on the consolidated balance sheet.
(6)	Represents other secured installment loans. Periods prior to 2006 also included automobile, truck, boat, and recreational vehicle loans.
(7)	See additional home equity portfolio statistics on page 31.
(8)	Includes amounts associated with the Harbor and Fidelity acquisitions.
(9)	Includes loans held in portfolio and loans held for sale.
(10)	Securitized credit cards are managed by the Retail Banking business unit. See page 10 for further information on these securitized balances.

23

Unaudited
National City Corporation
ASSET MANAGEMENT PERFORMANCE MEASURES
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
ASSETS UNDER ADMINISTRATION
Managed assets:
Value at beginning of period	$	61,369		$	60,468		$	59,217		$	62,669		$	65,010		$	65,084		$	63,288		$	63,606		$	65,649
Acquisitions		99			—			—			—			—			—			—			—			—
Estimated change due to market impact		915			1,377			2,140			(693	)		1,984			974			942			1,123			(401	)
Other activity, net		(197	)		(476	)		(889	)		(2,759	)		(4,325	)		(1,048	)		854			(1,441	)		(1,642	)
Value at end of period		62,186			61,369			60,468			59,217			62,669			65,010			65,084			63,288			63,606
Non-managed assets:
Value at beginning of period		50,823			50,910			48,261			48,018			42,750			42,151			42,239			42,490			43,128
Acquisitions		19			—			—			—			—			—			—			—			—
Estimated change due to market impact		990			1,762			1,722			96			1,226			452			670			367			(818	)
Other activity, net		(103	)		(1,849	)		927			147			4,042			147			(758	)		(618	)		180
Value at end of period		51,729			50,823			50,910			48,261			48,018			42,750			42,151			42,239			42,490
Total assets at end of period	$	113,915		$	112,192		$	111,378		$	107,478		$	110,687		$	107,760		$	107,235		$	105,527		$	106,096
Proprietary mutual fund assets (included above)	$	13,247		$	12,672		$	11,946		$	11,848		$	12,198		$	12,213		$	11,900		$	12,254		$	12,444
Assets under administration represented by:
Type of investment:
Money market and other	$	30,769		$	30,197		$	27,640		$	27,579		$	22,500		$	23,645		$	23,528		$	23,451		$	24,128
Equity		59,066			57,058			54,545			55,723			59,684			59,268			58,261			56,959			57,114
Fixed income		24,080			24,937			29,193			24,176			28,503			24,847			25,446			25,117			24,854
Total	$	113,915		$	112,192		$	111,378		$	107,478		$	110,687		$	107,760		$	107,235		$	105,527		$	106,096
Type of business:
Investment management and personal trust	$	58,957		$	59,307		$	56,582		$	54,999		$	57,207		$	57,657		$	56,715		$	55,613		$	55,454
Corporate trust		17,319			15,469			16,909			18,196			14,826			11,994			13,200			12,388			12,958
Retirement plan services		17,123			17,146			17,430			14,698			18,540			18,186			17,649			17,853			17,530
Charitable and endowment		8,692			8,825			8,659			8,513			8,758			8,746			8,580			8,530			8,740
Other		11,824			11,445			11,798			11,072			11,356			11,177			11,091			11,143			11,414
Total	$	113,915		$	112,192		$	111,378		$	107,478		$	110,687		$	107,760		$	107,235		$	105,527		$	106,096
Percentage of assets under administration represented by:
Type of investment:
Money market and other		27	%		27	%		25	%		26	%		20	%		22	%		22	%		22	%		23	%
Equity		52	%		51	%		49	%		52	%		54	%		55	%		54	%		54	%		54	%
Fixed income		21	%		22	%		26	%		22	%		26	%		23	%		24	%		24	%		23	%
Type of business:
Investment management and personal trust		52	%		53	%		51	%		51	%		52	%		54	%		53	%		53	%		52	%
Corporate trust		15	%		14	%		15	%		17	%		13	%		11	%		12	%		12	%		12	%
Retirement plan services		15	%		15	%		16	%		14	%		17	%		17	%		17	%		17	%		17	%
Charitable and endowment		8	%		8	%		8	%		8	%		8	%		8	%		8	%		8	%		8	%
Other		10	%		10	%		10	%		10	%		10	%		10	%		10	%		10	%		11	%

24

Unaudited
National City Corporation
LOAN SALE AND SERVICING REVENUE
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
LOAN SALE REVENUE BY LOAN TYPE(1)
Commercial real estate	$	16		$	10		$	14		$	26		$	14		$	18		$	12		$	12		$	5
Commercial		—			(1	)		1			26			—			—			—			—			—
Residential real estate:
National City Mortgage (NCM)		53			81			101			84			59			114			102			155			117
First Franklin(2)		(23	)		(34	)		62			113			60			70			41			79			74
National Home Equity loans (NHE)		17			38			16			10			—			—			—			—			—
Total residential real estate		47			85			179			207			119			184			143			234			191
Other consumer loans:
National Home Equity lines of credit (NHE)		4			23			17			5			4			18			—			—			—
Automobile		—			—			—			1			3			(29	)		—			—			—
Credit card		7			4			3			4			4			1			2			1			2
Student		1			1			1			16			—			1			1			11			1
Total Loan Sale Revenue	$	75		$	122		$	215		$	285		$	144		$	193		$	158		$	258		$	199
SERVICING REVENUE BY LOAN TYPE
Commercial real estate	$	4		$	2		$	3		$	3		$	2		$	1		$	4		$	4		$	2
Residential real estate:
National City Mortgage		(6	)		(19	)		56			(88	)		(86	)		14			33			154			82
National City Home Loan Services (First Franklin portfolio)(2)		—			23			12			16			13			2			7			4			6
Total residential real estate		(6	)		4			68			(72	)		(73	)		16			40			158			88
Other consumer loans		34			46			33			48			27			15			21			26			24
Total Loan Servicing Revenue, net	$	32		$	52		$	104			($21	)		($44	)	$	32		$	65		$	188		$	114
RESIDENTIAL REAL ESTATE SERVICING REVENUE COMPONENTS:
Net servicing fees	$	129		$	166		$	158		$	153		$	148		$	139		$	133		$	130		$	130
Servicing asset valuation changes due to time decay and payoffs(3)		(86	)		(102	)		(99	)		(110	)		(93	)		(129	)		(136	)		(128	)		(112	)
Other servicing asset valuation changes(4)		(55	)		(30	)		(318	)		209			193			221			342			(333	)		242
Gains (losses) on derivatives and securities used to hedge servicing assets		6			(30	)		327			(268	)		(321	)		(215	)		(299	)		489			(172	)
Implementation of new prepayment model		—			—			—			(56	)		—			—			—			—			—
Total residential real estate servicing revenue, net		($6	)	$	4		$	68			($72	)		($73	)	$	16		$	40		$	158		$	88

(1)	Excludes gains/losses related to loans held in trading accounts and distressed sales of commercial loans.
(2)	First Franklin and National City Home Loan Services were sold in December 2006.
(3)	On 1/1/06, National City adopted SFAS 156 and elected fair value as the measurement method for MSRs. Prior to 1/1/06, amortization of MSRs are presented in this line.
(4)	Valuation changes are primarily driven by market changes in mortgage interest rates, but also includes changes in other inputs and assumptions used to value MSRs.

25

Unaudited
National City Corporation
NCM LOAN SALE DATA
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
NCM ORIGINATION AND SALE DATA
PRODUCTION DATA:
Applications (related to loans to be held in portfolio and sold)	$	22,366		$	19,051		$	17,694		$	18,504		$	18,302		$	16,938		$	23,380		$	26,724		$	24,400
Originations:
Retail	$	6,680		$	6,740		$	6,860		$	7,490		$	6,195		$	7,425		$	9,284		$	9,032		$	7,254
Wholesale		5,153			4,637			3,573			3,939			3,683			4,626			7,334			6,356			7,720
Less: loan originations for other units (NHE) and portfolio		(1,085	)		(1,217	)		(1,166	)		(1,239	)		(1,137	)		(1,283	)		(1,538	)		(1,671	)		(1,227	)
Total originations for sale	$	10,748		$	10,160		$	9,267		$	10,190		$	8,741		$	10,768		$	15,080		$	13,717		$	13,747
Percentage of originations represented by:
Refinances		58	%		57	%		49	%		45	%		53	%		51	%		51	%		48	%		57	%
Government loans		5	%		6	%		7	%		8	%		7	%		6	%		6	%		7	%		8	%
Adjustable-rate loans		26	%		30	%		36	%		36	%		35	%		32	%		26	%		39	%		38	%
Geographic mix of originations (based on $ volume of loans originated for sale):
Current top five states and their percentage to total originations:
California		17	%		16	%		16	%		17	%		19	%		20	%		19	%		18	%		19	%
Virginia		9	%		8	%		9	%		10	%		9	%		9	%		9	%		10	%		9	%
Maryland		8	%		9	%		8	%		8	%		8	%		9	%		9	%		9	%		9	%
Illinois		7	%		7	%		8	%		7	%		6	%		5	%		5	%		6	%		6	%
Texas		5	%		5	%		—			—			—			5	%		5	%		5	%		7	%
Florida		—			—			5	%		5	%		5	%		—			—			—			—
LOAN SALES:
Loans sold servicing retained	$	8,601		$	7,011		$	7,410		$	7,584		$	8,236		$	10,789		$	13,114		$	12,329		$	13,088
Loans sold servicing released		669			1,153			1,010			738			527			608			498			473			418
Total Loan Sales	$	9,270		$	8,164		$	8,420		$	8,322		$	8,763		$	11,397		$	13,612		$	12,802		$	13,506
LOAN SALE REVENUE COMPONENTS:
Gain on sale (1)	$	70		$	75		$	94		$	89		$	81		$	109		$	94		$	123		$	112
Estimated effect of delayed delivery(2)		(6	)		(6	)		(8	)		(12	)		(16	)		(20	)		(25	)		(29	)		(37	)
Hedge results(3)		(14	)		(5	)		14			3			(13	)		10			10			45			23
Disallowed valuation adjustments(4)		(1	)		9			(3	)		(2	)		(1	)		(2	)		7			(3	)		11
Other (5)		4			8			4			6			8			17			16			19			8
Total Loan Sale Revenue	$	53		$	81		$	101		$	84		$	59		$	114		$	102		$	155		$	117
Gain on sale percentage (equals gain on sale/$ volume of loans sold for period)		.75	%		.92	%		1.11	%		1.07	%		.93	%		.96	%		.69	%		.96	%		.83	%

(1)	Represents fee income, sales gains, and servicing value of loans originated and sold, net of direct origination costs.
(2)	Represents the estimated effect on revenue of delayed delivery of loans to the secondary market (i.e., roll charges), which is offset for the most part by a related increase in interest income due to the loans being held for a longer period of time.
(3)	Represents the results of hedging pipeline, warehouse loans, and anticipated mortgage servicing rights (MSR) for the period beginning with lock commitment and ending with sale settlement.
(4)	Represents timing differences for disallowed warehouse loan valuation changes related to failed SFAS 133 effectiveness test and anticipated MSR valuation changes related to interest rate lock commitments not recorded pursuant to SAB 105.
(5)	Represents recoveries of prior write-downs on repurchased loans and GNMA early buyout program revenue.

26

Unaudited
National City Corporation
NCM LOAN SERVICING DATA
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
NCM MORTGAGE SERVICING RIGHTS (MSRs)
Periods after adoption of fair value accounting under SFAS 156 (1):
Carrying value at beginning of period	$	2,094		$	2,099		$	2,394		$	2,235		$	2,008
Cumulative effect adjustment		—			—			—			—			26
Acquisitions		7			5			—			—			—
Additions		130			100			96			108			90
Time decay(2) & payoffs(3)		(86	)		(88	)		(89	)		(102	)		(87	)
Changes in model valuation inputs or assumptions(4)		(55	)		(22	)		(302	)		209			198
Implementation of new prepayment model		—			—			—			(56	)		—
Carrying Value (Fair Value) at End of Period	$	2,090		$	2,094		$	2,099		$	2,394		$	2,235
Periods prior to adoption of fair value accounting under SFAS 156 (1) :
Carrying value at beginning of period																$	1,778		$	1,451		$	1,817		$	1,597
Additions																	142			135			111			142
Amortization																	(123	)		(132	)		(126	)		(111	)
SFAS 133 hedge basis adjustments																	229			325			(351	)		190
Sales																	—			(1	)		—			(1	)
Carrying value before valuation allowance at end of period																$	2,026		$	1,778		$	1,451		$	1,817
Valuation allowance at beginning of period																$	(19	)	$	(36	)	$	(55	)	$	(107	)
Impairment recoveries																	1			17			19			52
Valuation allowance at end of period																$	(18	)	$	(19	)	$	(36	)	$	(55	)
Net Carrying Value of MSRs at End of Period																$	2,008		$	1,759		$	1,415		$	1,762
Fair Value at End of Period																$	2,034		$	1,783		$	1,451		$	1,806
Ratio of carrying value of MSRs to total mortgage loans serviced for third parties		1.27	%		1.29	%		1.29	%		1.49	%		1.39	%		1.26	%		1.11	%		.90	%		1.14	%
Ratio of fair value of MSRs to total mortgage loans serviced for third parties		1.27	%		1.29	%		1.29	%		1.49	%		1.39	%		1.27	%		1.13	%		.92	%		1.16	%
Servicing asset capitalization rate		1.51	%		1.43	%		1.30	%		1.42	%		1.09	%		1.32	%		1.03	%		.90	%		1.08	%
Servicing prepayment rate (annualized)		13	%		14	%		13	%		15	%		14	%		20	%		26	%		24	%		22	%
NCM SERVICING DATA
Rollforward of servicing portfolio (UPB):
Beginning balance	$	162,264		$	162,202		$	161,096		$	160,983		$	159,580		$	158,039		$	156,938		$	155,087		$	152,367
Acquisitions		415			394			—			—			—			—			—			—			—
Additions		8,601			7,011			7,410			7,584			8,236			10,789			13,114			12,329			13,088
Payments		(5,346	)		(5,672	)		(5,346	)		(6,197	)		(5,764	)		(7,907	)		(10,616	)		(9,382	)		(8,801	)
Other reductions(5)		(1,201	)		(1,671	)		(958	)		(1,274	)		(1,069	)		(1,341	)		(1,397	)		(1,096	)		(1,567	)
Ending balance	$	164,733		$	162,264		$	162,202		$	161,096		$	160,983		$	159,580		$	158,039		$	156,938		$	155,087
Servicing portfolio composition (UPB):
Conventional	$	99,895		$	98,396		$	94,644		$	98,058		$	97,689		$	95,819		$	94,712		$	93,851		$	93,449
Government		19,543			19,973			20,497			20,901			21,070			21,786			23,019			24,095			25,521
Jumbo and other		45,295			43,895			47,061			42,137			42,224			41,975			40,308			38,992			36,117
Total mortgage loans serviced for third parties	$	164,733		$	162,264		$	162,202		$	161,096		$	160,983		$	159,580		$	158,039		$	156,938		$	155,087
Servicing portfolio metrics:
Number of loans		1,044,233			1,034,009			1,034,008			1,037,118			1,044,182			1,059,418			1,060,862			1,070,096			1,071,996
Average loan size	$	157,755		$	156,927		$	156,867		$	155,330		$	154,171		$	150,630		$	148,972		$	146,658		$	144,671
Weighted-average note rate		5.93	%		5.91	%		5.87	%		5.83	%		5.80	%		5.78	%		5.76	%		5.77	%		5.78	%
Weighted-average servicing fee	29 bps			29 bps			29 bps			29 bps			29 bps			29 bps			30 bps			30 bps			30 bps
Weighted-average age in months		32			31			29			27			26			24			23			22			20
Default rate(6)		2.76	%		3.57	%		3.19	%		2.79	%		2.34	%		3.81	%		3.44	%		3.52	%		3.22	%

(1)	On 1/1/06, National City adopted SFAS 156 and elected fair value as the measurement method for MSRs.
(2)	Represents decrease in MSR value due to the passage of time, including the impact from both regularly scheduled loan principal payments and partial loan paydowns.
(3)	Represents decrease in MSR value associated with loans that paid off during the period.
(4)	Represents MSR value change primarily resulting from market-driven changes in mortgage interest rates, but also includes changes in other inputs and assumptions.
(5)	Primarily represents foreclosure liquidations, GNMA early buyout sales, bulk servicing sales and loan repurchases.
(6)	Mortgage loans greater than 30 days past due.

27

Unaudited
National City Corporation
RUN-OFF LOAN PORTFOLIO STATISTICS
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
FIRST FRANKLIN
PORTFOLIO STATISTICS(1)
Period-end portfolio balance	$	8,217		$	7,480		$	8,302		$	16,583		$	18,254		$	18,681		$	19,490		$	18,880		$	18,131
Average portfolio balance		7,490			7,943			13,585			17,530			18,629			18,978			19,614			18,497			18,425
Weighted-average note rate		7.40	%		7.98	%		7.83	%		7.48	%		7.34	%		7.18	%		6.97	%		6.81	%		6.77	%
Weighted-average loan size	$	94,261		$	92,690		$	95,025		$	102,939		$	106,513		$	110,417		$	116,404		$	122,336		$	124,384
Weighted-average credit score(2)(3)		628			629			635			645			647			652			652			651			648
First-lien weighted-average loan-to-value ratio(4)		77.38	%		77.70	%		77.92	%		77.31	%		77.48	%		77.57	%		77.66	%		77.66	%		77.64	%
Net Charge-offs	$	53		$	17		$	40		$	16		$	19		$	10		$	7		$	6		$	7
Net charge-offs as a percentage of average portfolio loans		2.89	%		.84	%		1.15	%		.37	%		.41	%		.20	%		.14	%		.14	%		.15	%
Nonperforming assets:
Nonperforming loans	$	67		$	65		$	61		$	59		$	61		$	51		$	50		$	49		$	57
Other real estate owned		145			116			95			77			64			54			47			44			46
Total	$	212		$	181		$	156		$	136		$	125		$	105		$	97		$	93		$	103
Nonperforming assets to total First Franklin portfolio loans and other real estate owned		2.53	%		2.38	%		1.85	%		.82	%		.68	%		.56	%		.49	%		.49	%		.57	%
Loans 90+ days past due	$	642		$	566		$	500		$	405		$	364		$	391		$	307		$	271		$	265
Portfolio delinquency rate		20.89	%		20.92	%		16.84	%		9.84	%		7.40	%		8.35	%		6.80	%		6.18	%		5.78	%
CREDIT RISK PROTECTION
Balance of mortgages included under credit risk transfer agreement (5)	$	2,084		$	2,376		$	2,931		$	3,304		$	3,736		$	4,041		$	4,453		$	5,025			—
First liens with lender paid mortgage insurance (6)		1,782			1,868			2,029			2,135			2,207			1,582			857			—			—
Second liens with lender paid mortgage insurance (6)		1,983			2,148			2,445			3,563			3,632			3,273			2,724			1,985		$	1,661

(1)	Represents the retained in portfolio nonconforming residential real estate loans originated by the former First Franklin business unit. As First Franklin was sold in December 2006, this portfolio is in run-off.
(2)	Represents the Fair Isaac Corporation FICO® score, a benchmark credit rating system used by most financial companies and National City Corporation. National City is not affiliated with Fair Isaac Corporation and obtains FICO® scores from third-party credit bureaus.
(3)	Based upon most recent available FICO® score for borrowers. FICO® scores are updated quarterly.
(4)	Based upon period-end first-lien mortgage loan balance divided by the most recent obtained value of the underlying mortgaged property.
(5)	During May 2005, the Corporation executed a credit risk transfer agreement on $5 billion of nonconforming (First Franklin) mortgage loans. In the event that cumulative net credit losses on these loans exceed a defined threshold, the counterparty to this arrangement would bear the risk of additional losses, up to a defined level. The disclosed amount represents the remaining balance of portfolio loans associated with the credit risk transfer agreement.
(6)	Represents the principal balance of first lien and second lien loans with lender paid mortgage insurance (LPMI) that reduces the Corporation’s potential lifetime losses on those loans. A subsidiary of the Corporation provides reinsurance to the third parties who insure second liens.

									Transfer						Transfer
	Balance as of		Principal			Net			to			Fair Value			from					Balance as of
	12/31/2006		Payments			Charge-offs			OREO			Writedown			Held For Sale			Other		3/31/2007
FIRST FRANKLIN LOANS ROLLFORWARD
First Liens:
Credit risk transfer agreement	$	2,376	$	(283	)	$	(1	)	$	(8	)		—			—			—	$	2,084
Lender paid mortgage insurance		1,868		(84	)		(1	)		(1	)		—			—			—		1,782
Uninsured		825		(40	)		(4	)		(35	)		—		$	1,533		$	2		2,281
Held for sale		1,579		(70	)		—			—		$	(10	)		(1,533	)		34		—
Total first liens		6,648		(477	)		(6	)		(44	)		(10	)		—			36		6,147
Second Liens:
Lender paid mortgage insurance		2,148		(125	)		(39	)		(1	)		—			—			—		1,983
Uninsured		52		(2	)		(8	)		(1	)		—			26			20		87
Held for sale		46		(2	)		—			—			(18	)		(26	)		—		—
Total second liens		2,246		(129	)		(47	)		(2	)		(18	)		—			20		2,070
Total First Franklin loans	$	8,894	$	(606	)	$	(53	)	$	(46	)	$	(28	)		—		$	56	$	8,217

28

Unaudited
National City Corporation
RUN-OFF LOAN PORTFOLIO STATISTICS (continued)
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
NATIONAL HOME EQUITY
Home Equity Lines of Credit(HELOC) Portfolio:
Period-end portfolio balance	$	5,424		$	5,928		$	6,671		$	7,933		$	8,906		$	12,597		$	13,712		$	12,830		$	11,460
Weighted-average note rate		8.60	%		8.62	%		8.62	%		8.36	%		7.88	%		7.30	%		6.79	%		6.29	%		5.79	%
Weighted-average credit score(1)(2)		729			731			731			732			731			734			723			724			721
Weighted-average cumulative loan-to-value ratio(3)		79.59	%		79.54	%		79.71	%		79.69	%		79.97	%		80.33	%		80.53	%		80.71	%		80.84	%
Utilization rate		48	%		49	%		50	%		51	%		52	%		53	%		55	%		56	%		57	%
Net charge-offs	$	10		$	12		$	9		$	4		$	9		$	6		$	3		$	2		$	1
Loans 90 days past due		21			19			12			10			8			9			6			3			3
Home Equity loans(HELOAN) Portfolio:(4)
Period-end portfolio balance	$	1,331		$	1,412		$	1,461		$	1,577		$	1,690		$	2,051		$	1,888		$	1,751		$	1,649
Weighted-average note rate		7.29	%		7.28	%		7.22	%		7.24	%		7.24	%		7.31	%		7.21	%		7.14	%		7.07	%
Weighted-average credit score(1)(2)		737			738			737			736			735			735			727			727			726
Weighted-average cumulative loan-to-value ratio(3)		89.35	%		89.38	%		89.43	%		89.46	%		89.46	%		89.43	%		89.50	%		89.59	%		89.65	%
Net charge-offs	$	1		$	1		$	1		$	1		$	1		$	1		$	1		$	1		$	1
Loans 90 days past due		1			1			1			—			—			—			—			—			—

(1)	Represents the Fair Isaac Corporation FICO® score, a benchmark credit rating system used by most financial companies and National City Corporation. National City is not affiliated with Fair Isaac Corporation and obtains FICO® scores from third-party credit bureaus.
(2)	Based upon most recent available FICO® score for borrowers. FICO® scores are updated quarterly.
(3)	Based upon period-end first-lien mortgage loan balance divided by the most recent obtained value of the underlying mortgaged property.
(4)	Represents installment loans collateralized by real estate whereby National City has a first or second lien position. HELOANs are included in the real estate residential portfolio on the consolidated balance sheet. Balances are in run-off due to originate-and-sell strategy.

29

Unaudited
National City Corporation
HOME EQUITY SALE AND SERVICING PORTFOLIO DATA
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
NATIONAL HOME EQUITY ORIGINATION DATA
Originations:
Home equity line of credit (HELOC)(1)	$	2,376		$	2,611		$	2,580		$	2,754		$	2,649		$	2,750		$	4,045		$	4,369		$	3,057
Home equity loans (HELOAN)(2)		1,292			1,197			1,050			829			328			274			331			270			233
Total originations	$	3,668		$	3,808		$	3,630		$	3,583		$	2,977		$	3,024		$	4,376		$	4,639		$	3,290
Originations statistics:
Home equity line of credit (HELOC)
Weighted-average credit score(3)		737			735			732			735			741			741			742			744			740
Utilization rate(4)		53	%		53	%		56	%		54	%		48	%		49	%		52	%		55	%		56	%
Piggyback line percentage(5)		31	%		30	%		27	%		28	%		28	%		36	%		45	%		47	%		57	%
Home equity loans (HELOAN)
Weighted-average credit score(3)		718			718			720			723			723			727			729			726			727
Weighted-average note rate		8.22	%		8.04	%		8.48	%		8.40	%		8.16	%		7.86	%		7.56	%		7.65	%		7.18	%
Piggyback loan percentage(5)		56	%		52	%		50	%		48	%		45	%		54	%		70	%		74	%		76	%
NATIONAL HOME EQUITY SALE DATA
HELOCs sold servicing retained	$	1,782		$	1,975		$	1,295		$	1,099		$	1,097		$	1,421			—			—			—
HELOCs sold servicing released		—			—			—			—			—			—			—			—			—
Total HELOC sales	$	1,782		$	1,975		$	1,295		$	1,099		$	1,097		$	1,421			—			—			—
HELOC Gain on Sale percentage(6)		3.26	%		3.44	%		3.54	%		3.17	%		2.51	%		3.41	%		—			—			—
HELOANs sold servicing retained	$	1,125		$	580		$	516		$	420			—			—			—			—			—
HELOANs sold servicing released		—			477			290			—			—			—			—			—			—
Total HELOAN sales	$	1,125		$	1,057		$	806		$	420			—			—			—			—			—
HELOAN Gain on Sale percentage(6)		2.94	%		3.46	%		2.32	%		1.92	%		—			—			—			—			—
NATIONAL HOME EQUITY SERVICING DATA
HELOCs serviced for third parties	$	6,805		$	5,549		$	4,067		$	3,190		$	2,350		$	1,366			—			—			—
HELOANs serviced for third parties		2,377			1,601			1,166			404			—			—			—			—			—
Total serviced for third parties	$	9,182		$	7,150		$	5,233		$	3,594		$	2,350		$	1,366			—			—			—

(1)	Represents the total line of credit commitment amount.
(2)	Represents installment loans collateralized by real estate whereby National City has a first or second lien position. HELOANs are included in the real estate residential portfolio on the consolidated balance sheet.
(3)	Represents the Fair Isaac Corporation FICO® score, a benchmark credit rating system used by most financial companies and National City Corporation. National City is not affiliated with Fair Isaac Corporation and obtains FICO® scores from third-party credit bureaus.
(4)	Represents the utilization rate based on the initial draw at closing.
(5)	Percentage of eligible HELOC and HELOAN units closed simultaneously with a first-lien mortgage loan.
(6)	Represents gross gain on sales as a percentage of dollar value of loans sold including servicing value, if applicable.

30

Unaudited
National City Corporation
HOME EQUITY PORTFOLIO DATA
($ in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
HOME EQUITY LINES OF CREDIT (HELOC) PORTFOLIO
Period-end balances by line of business:
Commercial Banking — Regional	$	14		$	4		$	2		$	2		$	2		$	3		$	2		$	3		$	2
Retail Banking		7,882			7,932			7,938			8,021			8,029			8,160			8,249			8,227			8,010
Asset Management		626			639			650			632			620			634			642			641			627
Parent and Other		351			69			—			—			—			—			—			—			—
Total period-end balances HELOCs(2)	$	8,873		$	8,644		$	8,590		$	8,655		$	8,651		$	8,797		$	8,893		$	8,871		$	8,639
Statistics by line of business for significant portfolios:
Retail Banking
Weighted-average note rate		8.04	%		8.07	%		8.09	%		7.80	%		7.38	%		6.92	%		6.47	%		6.01	%		5.55	%
Weighted-average credit score(3)(4)		735			736			737			737			735			737			728			726			724
Weighted-average cumulative loan-to-value ratio(5)		72.05	%		71.92	%		72.45	%		71.57	%		71.46	%		71.40	%		71.28	%		70.97	%		70.87	%
Utilization rate		41	%		47	%		47	%		47	%		48	%		50	%		45	%		45	%		45	%
Net charge-offs	$	7		$	7		$	5		$	4		$	9		$	9		$	5		$	4		$	4
Loans 90 days past due		13			14			10			9			11			12			10			7			7
Insured balances		257			109			43			—			—			—			—			—			—
HOME EQUITY LOANS (HELOAN) PORTFOLIO(1)
Period-end balances by line of business:
Commercial Banking — Regional	$	3		$	3		$	3		$	3		$	3		$	11		$	13		$	16		$	20
Retail Banking		4,776			4,742			4,697			4,596			4,513			4,328			4,277			4,072			4,098
Asset Management		120			123			123			123			120			116			107			94			93
Parent and Other		117			153			1			6			6			6			5			—			—
Total period-end balances HELOANs(2)	$	5,016		$	5,021		$	4,824		$	4,728		$	4,642		$	4,461		$	4,402		$	4,182		$	4,211
Statistics by line of business for significant portfolios:
Retail Banking
Weighted-average note rate		6.82	%		6.78	%		6.72	%		6.65	%		6.59	%		6.57	%		6.54	%		6.57	%		6.56	%
Weighted-average credit score(3)(4)		730			730			731			730			728			729			719			719			717
Weighted-average cumulative loan-to-value ratio(5)		70.74	%		70.48	%		70.20	%		70.01	%		69.84	%		70.00	%		69.83	%		69.60	%		69.39	%
Net charge-offs	$	4		$	4		$	3		$	2		$	7		$	6		$	4		$	4		$	6
Loans 90 days past due		4			5			4			4			5			8			5			5			5
Insured balances		180			114			50			—			—			—			—			—			—

(1)	Represents installment loans collateralized by real estate whereby National City has a first or second lien position. HELOANs are included in the real estate residential portfolio on the consolidated balance sheet.
(2)	Excludes balances from First Franklin, National Home Equity, and any remaining loans originated by the former Altegra unit. These portfolio balances and statistics are included in the Run-Off Loan Portfolio Statistics section on pages 28 and 29.
(3)	Represents the Fair Isaac Corporation FICO® score, a benchmark credit rating system used by most financial companies and National City Corporation. National City is not affiliated with Fair Isaac Corporation and obtains FICO® scores from third-party credit bureaus.
(4)	Based upon most recent available FICO® score for borrowers. FICO® scores are updated quarterly.
(5)	Based upon period-end first-lien and second-lien mortgage loan balances divided by the obtained value of the underlying mortgaged property at the time of origination.

31

Unaudited

National City Corporation

LINE OF BUSINESS RESULTS

($ in thousands, except average balances in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Retail Banking
Net interest income (TE)	$	519,504		$	515,886		$	514,369		$	495,706		$	489,513		$	485,650		$	480,540		$	474,823		$	477,100
Provision for credit losses		64,013			82,633			46,530			24,789			28,613			84,202			49,118			59,031			59,364
Net interest income after provision		455,491			433,253			467,839			470,917			460,900			401,448			431,422			415,792			417,736
Noninterest income		259,322			269,141			273,795			275,563			240,036			255,271			262,543			235,092			202,434
Noninterest expense		433,840			484,580			425,342			405,948			413,558			389,052			411,766			396,823			386,152
Income before taxes		280,973			217,814			316,292			340,532			287,378			267,667			282,199			254,061			234,018
Income tax expense and TE adjustment		108,242			84,545			121,834			130,964			110,784			102,885			108,418			97,829			90,302
Net income	$	172,731		$	133,269		$	194,458		$	209,568		$	176,594		$	164,782		$	173,781		$	156,232		$	143,716
Unusual items (pretax)
LPMI reinsurance expense	$	(2,643	)	$	(65,354	)	$	(8,043	)	$	104		$	(5,707	)		—			—			—			—
Securities gains (losses), net		—			—			—			—			(312	)	$	(360	)	$	(43	)		—			—
Gain on sale of Madison Bank & Trust		—			—			—			—			—			—			16,001			—			—
Total	$	(2,643	)	$	(65,354	)	$	(8,043	)	$	104		$	(6,019	)	$	(360	)	$	15,958			—			—
Unusual items (after tax)
LPMI reinsurance expense	$	(1,718	)	$	(42,480	)	$	(5,228	)	$	68		$	(3,710	)		—			—			—			—
Securities gains (losses), net		—			—			—			—			(203	)	$	(234	)	$	(28	)		—			—
Gain on sale of Madison Bank & Trust Co.		—			—			—			—			—			—			10,401			—			—
Total	$	(1,718	)	$	(42,480	)	$	(5,228	)	$	68		$	(3,913	)	$	(234	)	$	10,373			—			—
Average assets	$	25,100		$	24,561		$	24,156		$	24,620		$	24,370		$	23,910		$	23,493		$	23,667		$	23,762
Average equity		2,726			2,767			2,734			2,674			2,693			2,967			2,919			2,846			2,824
Average core deposits		56,757			55,883			55,477			55,311			54,222			53,646			53,007			52,387			51,506
Average total deposits		57,422			56,507			56,105			55,905			54,739			54,187			53,562			52,935			52,050
Return on average assets		2.79	%		2.15	%		3.19	%		3.41	%		2.94	%		2.73	%		2.93	%		2.65	%		2.45	%
Return on average equity		25.70			19.11			28.22			31.43			26.60			22.03			23.62			22.02			20.64
Efficiency ratio		55.70			61.73			53.97			52.63			56.66			52.48			55.41			55.90			56.83
Commercial Banking — Regional
Net interest income (TE)	$	306,939		$	303,477		$	298,374		$	295,003		$	296,663		$	298,345		$	288,242		$	288,056		$	276,788
(Benefit) provision for credit losses		(17,322	)		21,621			(643	)		30,554			(1,338	)		26,711			(2,001	)		(12,988	)		(6,044	)
Net interest income after provision		324,261			281,856			299,017			264,449			298,001			271,634			290,243			301,044			282,832
Noninterest income		122,814			120,104			109,797			144,962			106,580			99,801			107,066			106,395			92,250
Noninterest expense		189,106			201,996			175,161			185,917			176,360			167,333			163,077			172,052			158,890
Income before taxes		257,969			199,964			233,653			223,494			228,221			204,102			234,232			235,387			216,192
Income tax expense and TE adjustment		98,168			76,300			79,259			85,241			87,051			77,958			89,370			89,830			82,598
Net income	$	159,801		$	123,664		$	154,394		$	138,253		$	141,170		$	126,144		$	144,862		$	145,557		$	133,594
Unusual items (pretax)
Gain on sale of commercial leases		—			—		$	1,606		$	25,659			—			—			—			—			—
Commercial lease residual recovery		—			—			—			—			—			—		$	4,903			—			—
Total		—			—		$	1,606		$	25,659			—			—		$	4,903			—			—
Unusual items (after tax)
Gain on sale of commercial leases		—			—		$	1,044		$	16,678			—			—			—			—			—
Tax accrual adjustments		—			—			9,800			—			—			—			—			—			—
Commercial lease residual recovery		—			—			—			—			—			—		$	3,187			—			—
Total		—			—		$	10,844		$	16,678			—			—		$	3,187			—			—
Average assets	$	38,932		$	38,809		$	38,660		$	37,971		$	36,735		$	36,316		$	35,604		$	35,187		$	34,410
Average equity		3,520			3,483			3,373			3,326			3,273			3,052			3,078			3,210			3,186
Average core deposits		7,433			6,957			6,920			6,918			7,135			7,376			7,375			7,375			7,641
Average total deposits		16,074			15,296			13,732			13,119			13,275			13,291			12,543			12,077			12,218
Return on average assets		1.66	%		1.26	%		1.58	%		1.46	%		1.56	%		1.38	%		1.61	%		1.66	%		1.57	%
Return on average equity		18.41			14.09			18.16			16.67			17.49			16.40			18.67			18.19			17.01
Efficiency ratio		44.00			47.69			42.91			42.26			43.74			42.03			41.25			43.62			43.05

32

Unaudited

National City Corporation

LINE OF BUSINESS RESULTS

($ in thousands, except average balances in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Commercial Banking — National
Net interest income (TE)	$	82,028		$	82,998		$	82,882		$	81,429		$	78,852		$	85,990		$	90,362		$	80,535		$	75,888
(Benefit) provision for credit losses		(17,709	)		13,076			7,938			1,884			(6,403	)		(5,446	)		(15,643	)		(3,254	)		(13,444	)
Net interest income after provision		99,737			69,922			74,944			79,545			85,255			91,436			106,005			83,789			89,332
Noninterest income		45,462			74,250			60,557			68,250			62,796			72,604			42,883			42,707			37,384
Noninterest expense		52,083			48,629			45,024			46,199			45,614			47,987			40,309			39,093			39,143
Income before taxes		93,116			95,543			90,477			101,596			102,437			116,053			108,579			87,403			87,573
Income tax expense and TE adjustment		34,918			34,486			32,162			36,659			36,733			43,024			40,432			32,331			32,623
Net income	$	58,198		$	61,057		$	58,315		$	64,937		$	65,704		$	73,029		$	68,147		$	55,072		$	54,950
Average assets	$	11,001		$	10,841		$	10,730		$	10,522		$	10,066		$	10,117		$	9,964		$	9,337		$	8,338
Average equity		1,119			1,060			1,032			1,002			954			975			880			760			709
Average core deposits		1,383			1,291			1,329			1,313			1,297			1,322			1,373			1,380			1,364
Average total deposits		3,029			1,992			1,890			1,860			1,828			1,875			1,799			2,056			1,869
Return on average assets		2.15	%		2.23	%		2.16	%		2.48	%		2.65	%		2.86	%		2.71	%		2.37	%		2.67	%
Return on average equity		21.09			22.85			22.43			25.98			27.93			29.71			30.73			29.05			31.43
Efficiency ratio		40.86			30.93			31.39			30.87			32.20			30.26			30.25			31.72			34.54
Unusual items (pretax)
Principal investment gains	$	10,122		$	27,903		$	30,270		$	30,430		$	33,825		$	24,189		$	13,537		$	9,107		$	10,323
Securities gains (losses), net		22			9			—			—			—			—			(3	)		1			(62	)
Total	$	10,144		$	27,912		$	30,270		$	30,430		$	33,825		$	24,189		$	13,534		$	9,108		$	10,261
Unusual items (after tax)
Principal investment gains	$	6,579		$	18,137		$	19,676		$	19,780		$	21,986		$	15,723		$	8,799		$	5,919		$	6,710
Securities gains (losses), net		14			6			—			—			—			—			(2	)		1			(40	)
Total	$	6,593		$	18,143		$	19,676		$	19,780		$	21,986		$	15,723		$	8,797		$	5,920		$	6,670
Mortgage Banking
Net interest income (TE)	$	150,008		$	143,620		$	144,614		$	153,964		$	159,914		$	163,109		$	181,068		$	184,608		$	188,021
Provision for credit losses		28,449			21,524			38,396			5,477			9,170			14,076			8,650			3,492			31,827
Net interest income after provision		121,559			122,096			106,218			148,487			150,744			149,033			172,418			181,116			156,194
Noninterest income		84,348			137,217			205,434			28,743			(6,669	)		151,204			148,712			319,483			213,343
Noninterest expense		203,401			196,473			203,171			206,788			198,851			205,489			226,320			210,897			201,522
Income (loss) before taxes		2,506			62,840			108,481			(29,558	)		(54,776	)		94,748			94,810			289,702			168,015
Income tax expense (benefit) and TE adjustment		932			23,740			40,993			(11,187	)		(20,718	)		35,802			35,826			109,495			50,396
Net income (loss)	$	1,574		$	39,100		$	67,488		$	(18,371	)	$	(34,058	)	$	58,946		$	58,984		$	180,207		$	117,619
Average assets	$	24,530		$	24,252		$	25,377		$	26,695		$	26,730		$	28,992		$	30,096		$	27,891		$	27,679
Average equity		1,170			1,021			1,111			1,070			1,148			1,100			973			861			931
Average core deposits		3,052			3,215			3,499			3,453			3,128			3,924			4,509			4,166			3,753
Average total deposits		3,079			3,234			3,524			3,478			3,150			3,973			4,540			4,187			3,797
Return on average assets		.03	%		.64	%		1.06	%		(.28	)%		(.52	)%		.81	%		.78	%		2.59	%		1.72	%
Return on average equity		.55			15.19			24.11			(6.89	)		(12.03	)		21.27			24.06			83.98			51.23
Efficiency ratio		86.79			69.96			58.04			113.18			129.76			65.38			68.63			41.84			50.21
Unusual items (pretax)
Changes in MSR model and assumptions		—			—			—		$	(55,983	)		—			—			—		$	(20,259	)	$	59,363
Total		—			—			—		$	(55,983	)		—			—			—		$	(20,259	)	$	59,363
Unusual items (after tax)
Changes in MSR model and assumptions		—			—			—		$	(36,389	)		—			—			—		$	(13,168	)	$	38,586
Tax accrual adjustments		—			—			—			—			—			—			—			—			13,100
Total		—			—			—		$	(36,389	)		—			—			—		$	(13,168	)	$	51,686

33

Unaudited

National City Corporation
LINE OF BUSINESS RESULTS
($ in thousands, except average balances in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Mortgage Banking Divisional Results:
National City Mortgage
Net interest income (TE)	$	68,491		$	62,211		$	58,652		$	63,365		$	62,264		$	74,607		$	90,355		$	96,959		$	103,129
Provision (benefit) for credit losses		6,232			7,973			13,901			(2,879	)		6,148			4,965			1,552			387			30,531
Net interest income after provision		62,259			54,238			44,751			66,244			56,116			69,642			88,803			96,572			72,598
Noninterest income		65,624			82,589			176,424			22,234			(2,348	)		149,349			162,068			332,032			223,262
Noninterest expense		173,677			164,942			165,829			169,797			166,884			186,533			208,893			183,398			180,058
(Loss) income before taxes		(45,794	)		(28,115	)		55,346			(81,319	)		(113,116	)		32,458			41,978			245,206			115,802
Income tax (benefit) expense and TE adjustment		(17,325	)		(10,641	)		20,908			(30,753	)		(42,770	)		12,256			15,855			92,676			30,660
Net (loss) income	$	(28,469	)	$	(17,474	)	$	34,438		$	(50,566	)	$	(70,346	)	$	20,202		$	26,123		$	152,530		$	85,142
Average assets	$	13,726		$	12,821		$	12,824		$	12,589		$	12,088		$	13,935		$	14,971		$	14,012		$	15,203
Average equity		689			519			613			574			678			658			631			552			651
Average core deposits		3,051			3,215			3,498			3,452			3,127			3,924			4,508			4,165			3,753
Average total deposits		3,078			3,234			3,523			3,477			3,149			3,973			4,539			4,186			3,797
Return on average assets		(.84	)%		(.54	)%		1.07	%		(1.61	)%		(2.36	)%		.58	%		.69	%		4.37	%		2.27	%
Return on average equity		(16.77	)		(13.35	)		22.31			(35.34	)		(42.11	)		12.18			16.45			110.90			53.01
Efficiency ratio		129.50			113.91			70.54			198.36			278.53			83.29			82.76			42.75			55.17
National Home Equity
Net interest income (TE)	$	73,079		$	72,479		$	76,624		$	80,728		$	87,208		$	78,121		$	80,722		$	78,326		$	76,400
Provision for credit losses		22,217			13,551			24,495			8,356			3,022			9,111			7,098			3,105			1,296
Net interest income after provision		50,862			58,928			52,129			72,372			84,186			69,010			73,624			75,221			75,104
Noninterest income		17,408			54,310			30,234			7,627			(1,252	)		13,250			2,268			1,728			1,257
Noninterest expense		29,724			31,531			37,342			36,991			31,967			18,956			17,427			27,499			21,464
Income before taxes		38,546			81,707			45,021			43,008			50,967			63,304			58,465			49,450			54,897
Income tax expense and TE adjustment		14,570			30,885			17,018			16,257			19,265			23,929			22,100			18,692			20,751
Net income	$	23,976		$	50,822		$	28,003		$	26,751		$	31,702		$	39,375		$	36,365		$	30,758		$	34,146
Average assets	$	10,852		$	11,484		$	12,612		$	14,180		$	14,725		$	15,145		$	15,212		$	13,960		$	12,554
Average equity		481			502			498			496			470			442			342			309			280
Average core deposits		1			—			1			1			1			—			1			1			—
Average total deposits		1			—			1			1			1			—			1			1			—
Return on average assets		.90	%		1.76	%		.88	%		.76	%		.87	%		1.03	%		.95	%		.88	%		1.10	%
Return on average equity		20.20			40.14			22.30			21.63			27.33			35.37			42.14			39.92			49.50
Efficiency ratio		32.85			24.87			34.95			41.87			37.19			20.75			21.00			34.35			27.64
Eliminations
Net interest income (TE)	$	8,438		$	8,930		$	9,338		$	9,871		$	10,442		$	10,381		$	9,991		$	9,323		$	8,492
Provision for credit losses		—			—			—			—			—			—			—			—			—
Net interest income after provision		8,438			8,930			9,338			9,871			10,442			10,381			9,991			9,323			8,492
Noninterest income		1,316			318			(1,224	)		(1,118	)		(3,069	)		(11,395	)		(15,624	)		(14,277	)		(11,176	)
Noninterest expense		—			—			—			—			—			—			—			—			—
Income (loss) before taxes		9,754			9,248			8,114			8,753			7,373			(1,014	)		(5,633	)		(4,954	)		(2,684	)
Income tax expense (benefit) and TE adjustment		3,687			3,496			3,067			3,309			2,787			(383	)		(2,129	)		(1,873	)		(1,015	)
Net income (loss)	$	6,067		$	5,752		$	5,047		$	5,444		$	4,586		$	(631	)	$	(3,504	)	$	(3,081	)	$	(1,669	)
Average assets	$	(48	)	$	(53	)	$	(59	)	$	(74	)	$	(83	)	$	(88	)	$	(87	)	$	(81	)	$	(78	)

34

Unaudited

National City Corporation
LINE OF BUSINESS RESULTS
($ in thousands, except average balances in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Asset Management
Net interest income (TE)	$	35,834		$	33,672		$	32,619		$	31,630		$	31,177		$	30,376		$	29,629		$	29,220		$	29,067
Provision (benefit) for credit losses		551			4,932			1,526			(3,767	)		703			5,353			526			1,196			560
Net interest income after provision		35,283			28,740			31,093			35,397			30,474			25,023			29,103			28,024			28,507
Noninterest income		88,910			87,613			86,927			92,825			85,193			83,666			84,949			90,781			84,601
Noninterest expense		82,912			82,132			79,792			79,441			80,185			86,635			83,649			76,769			78,950
Income before taxes		41,281			34,221			38,228			48,781			35,482			22,054			30,403			42,036			34,158
Income tax expense and TE adjustment		15,604			12,936			14,450			18,439			13,412			8,336			11,492			15,890			12,912
Net income	$	25,677		$	21,285		$	23,778		$	30,342		$	22,070		$	13,718		$	18,911		$	26,146		$	21,246
Average assets	$	3,975		$	3,899		$	3,786		$	3,693		$	3,622		$	3,600		$	3,477		$	3,356		$	3,295
Average equity		441			424			400			399			401			455			456			453			450
Average core deposits		2,326			2,101			1,965			2,001			1,947			1,861			1,807			1,888			1,943
Average total deposits		2,553			2,307			2,160			2,192			2,085			2,001			1,941			2,018			2,070
Return on average assets		2.62	%		2.17	%		2.49	%		3.30	%		2.47	%		1.51	%		2.16	%		3.13	%		2.61	%
Return on average equity		23.60			19.92			23.57			30.52			22.29			11.96			16.46			23.15			19.14
Efficiency ratio		66.47			67.72			66.75			63.83			68.91			75.97			73.01			63.97			69.46
Parent and Other
Net interest income (TE)	$	23,969		$	53,367		$	76,499		$	109,831		$	127,661		$	128,478		$	137,269		$	113,237		$	110,073
Provision (benefit) related to credit losses		48,864			178,915			(20,815	)		980			(3,702	)		6,972			14,802			(21,650	)		(1,816	)
Net interest (expense) income after provision		(24,895	)		(125,548	)		97,314			108,851			131,363			121,506			122,467			134,887			111,889
Noninterest income		19,665			1,013,437			140,965			173,738			167,711			114,714			100,270			186,570			169,596
Noninterest expense		210,018			196,881			255,708			249,482			234,107			370,722			231,192			284,015			283,220
(Loss) income before taxes		(215,248	)		691,008			(17,429	)		33,107			64,967			(134,502	)		(8,455	)		37,442			(1,735	)
Income tax (benefit) expense and TE adjustment		(116,479	)		227,726			(45,442	)		(15,090	)		(22,360	)		(96,012	)		(21,601	)		(24,471	)		(14,752	)
Net (loss) income	$	(98,769	)	$	463,282		$	28,013		$	48,197		$	87,327		$	(38,490	)	$	13,146		$	61,913		$	13,017
Unusual items (pretax)
Straight-line operating lease rent adjustment		—			—			—			—			—			—			—			—		$	(28,997	)
Severance and related charges	$	(6,319	)	$	(8,887	)	$	(11,751	)	$	(8,588	)	$	(3,706	)	$	(49,129	)	$	(5,431	)	$	(5,138	)		(8,215	)
Gain from sale of First Franklin		—			983,940			—			—			—			—			—			—			—
Charitable Foundation contribution		—			—			—			—			—			(29,945	)		—			—			—
Principal investment gains (losses)		—			1,454			—			(6,000	)		—			—			—			—			—
UAL Guarantee reversal		—			—			1,140			3,527			31,333			—			—			—			—
Auto lease residual recovery		—			—			—			—			—			—			20,577			1,774			—
Gain (loss) on the securitization of automobile receivables		—			—			—			—			3,464			(28,708	)		—			—			—
Securities gain (losses), net		26,963			(13,481	)		283			990			12,028			9,443			(1,061	)		4,857			14,315
Total	$	20,644		$	963,026		$	(10,328	)	$	(10,071	)	$	43,119		$	(98,339	)	$	14,085		$	1,493		$	(22,897	)
LPMI reinsurance expense reclass to provision	$	2,643		$	65,354		$	8,043		$	(104	)	$	5,707			—			—			—			—
Unusual items (after tax)
Straight-line operating lease rent adjustment		—			—			—			—			—			—			—			—		$	(18,848	)
Severance and related charges	$	(4,107	)	$	(5,777	)	$	(7,638	)	$	(5,582	)	$	(2,409	)	$	(31,934	)	$	(3,530	)	$	(3,341	)		(5,341	)
Gain from sale of First Franklin		—			622,342			—			—			—			—			—			—			—
Charitable Foundation contribution		—			—			—			—			—			(19,464	)		—			—			—
Tax accrual adjustments		7,158			4,529			2,499			(4,060	)		9,991			22,141			(12,389	)		(1,134	)		(547	)
Principal investment gains (losses)		—			945			—			(3,900	)		—			—			—			—			—
UAL Guarantee reversal		—			—			741			2,293			20,367			—			—			—			—
Auto lease residual recovery		—			—			—			—			—			—			13,375			1,153			—
Gain (loss) on the securitization of automobile receivables		—			—			—			—			2,251			(18,661	)		—			—			—
Securities gain (losses), net		17,526			(8,762	)		184			643			7,818			6,138			(690	)		3,157			9,305
Total	$	20,577		$	613,277		$	(4,214	)	$	(10,606	)	$	38,018		$	(41,780	)	$	(3,234	)	$	(165	)	$	(15,431	)
Average assets	$	34,272		$	34,531		$	35,725		$	36,518		$	37,873		$	40,048		$	42,333		$	40,235		$	41,032
Average core deposits		5,371			1,270			229			438			250			31			391			532			902
Average total deposits		5,690			5,186			6,096			6,253			7,910			8,691			10,374			7,349			9,518

35

Unaudited

National City Corporation
LINE OF BUSINESS RESULTS
($ in thousands, except average balances in millions)

	2007			2006												2005
	1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr
Consolidated
Net interest income (TE)	$	1,118,282		$	1,133,020		$	1,149,357		$	1,167,563		$	1,183,780		$	1,191,948		$	1,207,110		$	1,170,479		$	1,156,937
Provision for credit losses		106,846			322,701			72,932			59,917			27,043			131,868			55,452			25,827			70,447
Net interest income after provision		1,011,436			810,319			1,076,425			1,107,646			1,156,737			1,060,080			1,151,658			1,144,652			1,086,490
Noninterest income		620,521			1,701,762			877,475			784,081			655,647			777,260			746,423			981,028			799,608
Noninterest expense		1,171,360			1,210,691			1,184,198			1,173,775			1,148,675			1,267,218			1,156,313			1,179,649			1,147,877
Income before taxes		460,597			1,301,390			769,702			717,952			663,709			570,122			741,768			946,031			738,221
Income tax expense and TE adjustment		141,385			459,733			243,256			245,026			204,902			171,993			263,937			320,904			254,079
Net income	$	319,212		$	841,657		$	526,446		$	472,926		$	458,807		$	398,129		$	477,831		$	625,127		$	484,142
Unusual items (pretax)
Gain (loss) on the securitization of automobile receivables		—			—			—			—		$	3,464		$	(28,708	)		—			—			—
Gain from sale of First Franklin		—		$	983,940			—			—			—			—			—			—			—
Auto lease residual recovery		—			—			—			—			—			—		$	20,577		$	1,774			—
Commercial lease residual recovery		—			—			—			—			—			—			4,903			—			—
Gain on sale of commercial leases		—			—		$	1,606		$	25,659			—			—			—			—			—
Principal investment gains, net	$	10,122			29,357			30,270			24,430			33,825			24,189			13,537			9,107		$	10,323
UAL Guarantee reversal		—			—			1,140			3,527			31,333			—			—			—			—
Straight-line operating lease rent adjustment		—			—			—			—			—			—			—			—			(28,997	)
Severance and related charges, net		(6,319	)		(8,887	)		(11,751	)		(8,588	)		(3,706	)		(49,129	)		(5,431	)		(5,138	)		(8,215	)
Gain on sale of Madison Bank & Trust Co.		—			—			—			—			—			—			16,001			—			—
Charitable Foundation contribution		—			—			—			—			—			(29,945	)		—			—			—
Changes in MSR model and assumptions		—			—			—			(55,983	)		—			—			—			(20,259	)		59,363
Securities gain (losses), net		26,985			(13,472	)		283			990			11,716			9,083			(1,107	)		4,858			14,253
Total	$	30,788		$	990,938		$	21,548		$	(9,965	)	$	76,632		$	(74,510	)	$	48,480		$	(9,658	)	$	46,727
Unusual items (after tax)
Gain (loss) on the securitization of automobile receivables		—			—			—			—		$	2,251		$	(18,661	)		—			—			—
Gain from sale of First Franklin		—		$	622,342			—			—			—			—			—			—			—
Auto lease residual recovery		—			—			—			—			—			—		$	13,375		$	1,153			—
Commercial lease residual recovery		—			—			—			—			—			—			3,187			—			—
Gain on sale of commercial leases		—			—		$	1,044		$	16,678			—			—			—			—			—
Principal investment gains, net	$	6,579			19,082			19,676			15,880			21,986			15,723			8,799			5,919		$	6,710
UAL Guarantee reversal		—			—			741			2,293			20,367			—			—			—			—
Straight-line operating lease rent adjustment		—			—			—			—			—			—			—			—			(18,848	)
Severance and related charges, net		(4,107	)		(5,777	)		(7,638	)		(5,582	)		(2,409	)		(31,934	)		(3,530	)		(3,341	)		(5,341	)
Gain on sale of Madison Bank & Trust Co.		—			—			—			—			—			—			10,401			—			—
Charitable Foundation contribution		—			—			—			—			—			(19,464	)		—			—			—
Changes in MSR model and assumptions		—			—			—			(36,389	)		—			—			—			(13,168	)		38,586
Tax accrual adjustments		7,158			4,529			12,299			(4,060	)		9,991			22,141			(12,389	)		(1,134	)		12,553
Securities gain (losses), net		17,540			(8,756	)		184			643			7,615			5,904			(720	)		3,158			9,265
Total	$	27,170		$	631,420		$	26,306		$	(10,537	)	$	59,801		$	(26,291	)	$	19,123		$	(7,413	)	$	42,925
Average assets	$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	144,967		$	139,673		$	138,516
Average equity		14,398			13,388			12,687			12,565			12,468			12,549			12,980			12,752			12,779
Average core deposits		76,322			70,717			69,419			69,434			67,979			68,160			68,462			67,728			67,109
Average total deposits		87,847			84,522			83,507			82,807			82,987			84,018			84,759			80,622			81,522
Return on average assets		.94	%		2.44	%		1.51	%		1.35	%		1.33	%		1.10	%		1.31	%		1.80	%		1.42	%
Return on average total equity		8.99			24.94			16.46			15.10			14.92			12.59			14.61			19.66			15.37
Efficiency ratio		67.37			42.71			58.43			60.14			62.45			64.35			59.19			54.83			58.67

36

Unaudited
National City Corporation
Monthly Financial Trends
CONSOLIDATED SELECTED AVERAGE BALANCES
($ in millions)

	March		February		January		December		November		October		September		August		July		June		May		April		March
	2007		2007		2007		2006		2006		2006		2006		2006		2006		2006		2006		2006		2006
ASSETS
Available for sale securities, at cost	$	7,434	$	7,762	$	7,923	$	7,709	$	7,854	$	7,856	$	7,897	$	7,915	$	7,810	$	7,854	$	7,889	$	7,661	$	7,635
Portfolio loans:
Commercial	$	31,126	$	30,847	$	30,968	$	30,617	$	29,918	$	29,775	$	29,594	$	29,514	$	29,530	$	29,045	$	28,656	$	28,429	$	27,644
Commercial construction		4,811		4,733		4,623		4,282		3,994		3,896		3,798		3,739		3,636		3,585		3,520		3,415		3,410
Commercial real estate		12,890		13,021		13,022		12,376		11,861		11,954		11,992		12,015		12,172		12,197		12,119		11,981		11,922
Residential real estate:
Bank portfolio and other		13,016		12,819		12,401		10,652		8,993		9,086		8,479		8,291		8,125		8,143		7,939		7,819		7,878
First Franklin(1)		8,379		6,802		7,222		7,685		8,046		8,117		9,672		15,627		16,290		16,934		17,571		18,103		18,482
Home equity installment		6,349		6,368		6,397		6,408		6,247		6,260		6,274		6,285		6,291		6,291		6,332		6,303		6,530
Total residential real estate loans		27,744		25,989		26,020		24,745		23,286		23,463		24,425		30,203		30,706		31,368		31,842		32,225		32,890
Home equity lines of credit		14,376		14,115		14,707		14,721		14,861		15,104		15,401		15,696		15,784		16,798		17,070		17,400		20,524
Credit card and other unsecured lines of credit		2,953		3,046		3,061		2,859		2,803		2,747		2,710		2,645		2,610		2,577		2,529		2,479		2,484
Other consumer		5,467		5,498		5,484		5,462		5,253		5,358		5,393		5,283		5,234		5,902		6,033		6,101		6,050
Total portfolio loans	$	99,367	$	97,249	$	97,885	$	95,062	$	91,976	$	92,297	$	93,313	$	99,095	$	99,672	$	101,472	$	101,769	$	102,030	$	104,924
Loans held for sale or securitization:
Commercial	$	43	$	38	$	35	$	33	$	35	$	36	$	44	$	52	$	50	$	100	$	66	$	39	$	13
Commercial real estate		120		149		250		91		39		172		167		92		90		107		108		213		136
Residential real estate:
National City Mortgage		6,450		6,279		6,283		5,843		5,547		5,513		5,395		5,674		5,830		5,850		5,825		5,605		5,220
First Franklin(1)		96		1,671		1,703		5,571		8,936		9,571		9,099		3,799		3,745		3,133		2,693		2,481		2,278
National Home Equity		879		926		1,306		959		581		654		1,043		775		471		652		592		427		258
Total residential real estate loans held for sale		7,425		8,876		9,292		12,373		15,064		15,738		15,537		10,248		10,046		9,635		9,110		8,513		7,756
Credit card loans		260		425		425		253		—		—		—		—		—		—		—		—		398
Home equity lines of credit		2,121		2,789		3,109		2,682		2,236		3,509		3,289		2,928		2,736		3,746		3,574		3,055		407
Student loans		—		—		—		1		4		8		14		18		12		4		3		4		4
Total loans held for sale or securitization	$	9,969	$	12,277	$	13,111	$	15,433	$	17,378	$	19,463	$	19,051	$	13,338	$	12,934	$	13,592	$	12,861	$	11,824	$	8,714
LIABILITIES
Deposits:
Noninterest bearing	$	17,604	$	16,268	$	16,566	$	17,101	$	16,507	$	16,473	$	16,593	$	16,804	$	16,818	$	16,960	$	16,861	$	17,355	$	16,830
NOW and money market accounts		33,394		32,549		31,800		30,343		29,370		28,895		28,819		28,842		28,771		28,865		28,731		29,023		28,603
Savings accounts		2,477		2,459		2,366		1,889		1,790		1,820		1,854		1,895		1,960		2,012		2,038		2,077		2,098
Consumer time		24,629		24,459		24,338		23,641		22,198		22,096		22,049		22,025		21,826		21,671		21,534		21,188		20,959
Core deposits		78,104		75,735		75,070		72,974		69,865		69,284		69,315		69,566		69,375		69,508		69,164		69,643		68,490
Other		3,641		3,952		4,179		4,320		4,375		4,714		5,278		5,259		5,095		5,249		6,167		6,136		6,453
Foreign		7,261		7,575		7,968		7,840		10,147		10,042		8,933		9,232		8,469		8,696		7,383		6,478		6,771
Total deposits	$	89,006	$	87,262	$	87,217	$	85,134	$	84,387	$	84,040	$	83,526	$	84,057	$	82,939	$	83,453	$	82,714	$	82,257	$	81,714
Federal funds borrowed and security repurchase agreements	$	5,288	$	5,264	$	4,681	$	6,405	$	7,100	$	8,356	$	7,903	$	6,625	$	6,130	$	5,759	$	4,773	$	4,811	$	5,684
Borrowed funds		1,264		1,232		1,223		1,290		2,098		2,428		2,168		1,846		1,772		2,373		3,602		2,298		1,968
Long-term debt		24,233		25,018		26,229		26,251		25,839		25,566		27,451		29,132		31,648		32,925		32,940		33,402		33,128
Memo:
Noninterest bearing escrow balances	$	3,448	$	3,379	$	3,329	$	4,004	$	4,169	$	4,037	$	4,129	$	4,273	$	4,343	$	4,218	$	4,006	$	4,031	$	3,824
Interest bearing escrow balances		157		153		150		135		136		131		128		134		148		144		139		133		134
Noninterest bearing deposits excluding escrow balances		14,156		12,889		13,237		13,097		12,338		12,436		12,464		12,531		12,475		12,742		12,855		13,324		13,006
Core deposits excluding escrow balances		74,499		72,203		71,591		68,835		65,560		65,116		65,058		65,159		64,884		65,146		65,019		65,479		64,532

⁽¹⁾ Represents nonconforming residential real estate loans originated by the former First Franklin and/or Altegra/Loan Zone business units. These portfolios are in run-off.

37

Unaudited
National City Corporation
Monthly Financial Trends
CREDIT QUALITY STATISTICS
($ in millions)

	March		February		January		December		November			October		September		August		July		June		May		April			March
	2007		2007		2007		2006		2006			2006		2006		2006		2006		2006		2006		2006			2006
CHARGE-OFFS & RECOVERIES
Charge-offs:
Commercial	$	27	$	4	$	3	$	25	$	10		$	5	$	24	$	9	$	4	$	9	$	15	$	4		$	30
Commercial construction		1		—		—		6		—			2		1		—		—		—		—		2			—
Commercial real estate		2		1		—		5		(1	)		2		1		—		1		6		1		(2	)		7
Residential real estate		48		12		12		25		14			13		47		21		14		19		15		13			15
Home equity lines of credit		1		9		13		12		7			4		8		7		5		5		5		5			6
Credit card and other unsecured lines of credit		11		12		12		10		8			8		7		7		6		7		7		6			9
Other consumer		5		5		4		5		5			5		4		4		4		3		4		4			7
Total charge-offs		95		43		44		88		43			39		92		48		34		49		47		32			74
Recoveries:
Commercial		5		2		4		5		4			4		6		3		6		5		3		2			6
Commercial construction		—		—		—		—		—			—		—		—		—		—		—		—			—
Commercial real estate		1		—		—		1		—			2		1		1		—		—		—		1			1
Residential real estate		1		2		2		4		4			6		10		7		6		7		7		5			5
Home equity lines of credit		3		2		1		1		1			2		2		2		1		2		2		1			1
Credit card and other unsecured lines of credit		2		2		1		1		1			1		1		1		1		2		1		1			4
Other consumer		2		2		3		1		2			2		2		2		5		3		6		4			5
Total recoveries		14		10		11		13		12			17		22		16		19		19		19		14			22
Net charge-offs	$	81	$	33	$	33	$	75	$	31		$	22	$	70	$	32	$	15	$	30	$	28	$	18		$	52
NONPERFORMING ASSETS
Commercial	$	120	$	134	$	123	$	124	$	152		$	146	$	142	$	157	$	189	$	178	$	154	$	157		$	165
Commercial construction		51		43		37		38		44			55		55		36		35		36		37		26			27
Commercial real estate		118		115		109		111		96			103		97		102		106		108		112		114			117
Residential real estate:
National City Mortgage		97		97		82		77		82			82		79		75		81		82		85		89			86
First Franklin (1)		68		68		67		65		65			59		62		61		61		60		63		63			62
Other(2)		82		85		94		85		82			31		35		25		22		25		26		25			26
Total real estate — residential		247		250		243		227		229			172		176		161		164		167		174		177			174
Total nonperforming portfolio loans		536		542		512		500		521			476		470		456		494		489		477		474			483
Other real estate owned (OREO):
Commercial		—		—		1		1		—			—		—		—		1		2		2		2			2
Residential real estate:
National City Mortgage(3)		112		113		107		105		89			90		88		84		82		78		83		77			77
First Franklin (1)		145		95		98		116		122			111		104		99		90		84		79		74			69
Other		—		9		6		4		4			4		3		4		3		1		2		1			1
Total real estate — residential		257		217		211		225		215			205		195		187		175		163		164		152			147
Other		6		6		6		3		1			1		2		2		2		2		2		2			2
Total OREO		263		223		218		229		216			206		197		189		178		167		168		156			151
Mortgage loans held for sale and other		2		7		6		3		24			23		22		16		14		11		13		11			13
Total Nonperforming Assets	$	801	$	772	$	736	$	732	$	761		$	705	$	689	$	661	$	686	$	667	$	658	$	641		$	647
LOANS 90+ DAYS PAST DUE ACCRUING INTEREST
Commercial	$	46	$	28	$	27	$	31	$	48		$	46	$	73	$	36	$	28	$	51	$	21	$	39		$	35
Commercial construction		9		2		7		9		14			5		10		9		15		—		1		2			2
Commercial real estate		31		21		22		18		22			14		16		23		22		17		13		8			5
Residential real estate:
National City Mortgage and other		191		166		156		141		141			126		137		135		115		109		113		112			110
First Franklin (1)		644		581		565		567		582			508		501		460		454		407		389		382			365
Total real estate — residential		835		747		721		708		723			634		638		595		569		516		502		494			475
Home equity lines of credit		47		49		44		37		41			38		24		25		21		21		19		20			20
Credit card and other unsecured lines of credit		35		37		37		35		31			29		24		23		21		21		22		21			20
Other consumer		10		10		11		11		10			11		11		9		8		8		8		8			8
Mortgage loans held for sale and other		19		117		108		89		81			73		53		50		45		40		25		21			29
Total Loans 90+ Days Past Due	$	1,032	$	1,011	$	977	$	938	$	970		$	850	$	849	$	770	$	729	$	674	$	611	$	613		$	594

(1)	Represents nonconforming residential real estate loans originated by the former First Franklin and/or Altegra/Loan Zone business units. These portfolios are in run-off.
(2)	Includes loans to residential real estate developers whose loans are collateralized by real estate.
(3)	Effective March 31, 2006, a change in regulatory reporting requirements resulted in a reclassification of residential real estate loans in foreclosure, which are insured by GNMA, to Other Real Estate Owned (OREO).

38

Unaudited
National City Corporation
Monthly Financial Trends
CAPITALIZATION (Period End)
(In millions, except per share data)

	March			February			January			December			November			October			September			August			July			June			May			April			March
	2007			2007			2007			2006			2006			2006			2006			2006			2006			2006			2006			2006			2006
COMMON STOCK ROLLFORWARD
Beginning balance		649.9			648.1			632.4			602.6			602.2			601.9			603.3			604.9			605.1			609.9			609.5			610.0			610.3
Shares issued under stock award plans		1.4			2.2			2.2			.4			.6			1.0			.6			.2			.6			.9			1.9			.8			.9
Shares issued for acquisitions		—			—			13.7			29.5			—			—			—			—			—			—			—			—			—
Shares repurchased under repurchase authorizations(1)		(55.2	)		—			—			—			—			(.6	)		(2.0	)		(1.7	)		(.6	)		(5.6	)		(1.2	)		(.9	)		(1.0	)
Shares exchanged for stock award plans		(.6	)		(.4	)		(.2	)		(.1	)		(.2	)		(.1	)		—			(.1	)		(.2	)		(.1	)		(.3	)		(.4	)		(.2	)
Ending balance		595.5			649.9			648.1			632.4			602.6			602.2			601.9			603.3			604.9			605.1			609.9			609.5			610.0
COMMON STOCK REPURCHASE ACTIVITY
Number of common shares repurchased(1)		55.2			—			—			—			—			.6			2.0			1.7			.6			5.6			1.2			.9			1.0
Average price per share of repurchased common shares	$	38.30			—			—			—			—		$	37.02		$	36.21		$	36.32		$	36.31		$	36.12		$	37.00		$	34.92		$	34.62
Total cost	$	2,113.7			—			—			—			—		$	22.7		$	71.1		$	62.4		$	22.3		$	204.3		$	44.4		$	30.6		$	35.8
Common shares remaining under authorization(2)		28.6			43.5			43.5			43.5			13.5			13.5			14.1			16.1			17.8			18.4			24.0			25.2			26.1
Shares outstanding:
Average basic		605.2			648.2			643.3			631.2			602.4			601.8			602.7			603.7			605.1			608.9			610.3			609.8			609.6
Average diluted		613.7			657.6			651.9			640.0			611.2			610.7			611.0			611.9			613.3			617.5			619.4			617.7			617.7

(1)	March 2007 includes 40.3 million shares repurchased under the “modified Dutch auction” tender offer.
(2)	In April 2007, National City’s Board of Directors authorized the repurchase of an additional 40 million shares of issued and outstanding common stock.

FULL-TIME EQUIVALENT EMPLOYEES BY LINE OF BUSINESS⁽¹⁾

	March		February		January		December		November		October		September		August		July		June		May		April		March
	2007		2007		2007		2006		2006		2006		2006		2006		2006		2006		2006		2006		2006
Line of business staff:
Retail Banking		12,555		12,550		12,599		12,477		12,360		12,312		12,377		12,400		12,426		12,395		12,109		12,126		12,130
Commercial Banking-Regional		1,821		1,834		1,833		1,827		1,822		1,831		1,834		1,843		1,797		1,815		1,820		1,829		1,845
Commercial Banking-National		605		595		596		586		602		593		583		591		591		576		582		583		577
Mortgage Banking:
National City Mortgage		6,890		6,813		6,788		6,804		6,843		6,764		6,837		6,860		6,937		7,088		7,268		7,344		7,305
National Home Equity		417		408		405		404		406		408		408		405		406		439		438		444		454
Total Mortgage Banking		7,307		7,221		7,193		7,208		7,249		7,172		7,245		7,265		7,343		7,527		7,706		7,788		7,759
Asset Management		1,528		1,510		1,514		1,513		1,508		1,501		1,489		1,508		1,516		1,521		1,529		1,535		1,523
Corporate support staff(2)(3)(4)		8,495		8,567		8,511		7,659		10,210		10,067		10,093		10,084		10,065		10,117		10,037		10,001		10,014
Total Employees		32,311		32,277		32,246		31,270		33,751		33,476		33,621		33,691		33,738		33,951		33,783		33,862		33,848

(1)	Represents period-end, active, full-time equivalent employees.
(2)	Personnel expense associated with corporate staff are allocated to the lines of business either directly based on usage or indirectly as part of the general overhead allocation process.
(3)	Periods prior to December 2006 include full-time equivalent employees associated with the First Franklin and National City Home Loan Services business units which were sold in December 2006.
(4)	Includes full-time employees associated with the Harbor and Fidelity acquisitions not yet assigned to business units.

39

Unaudited
National City Corporation
Monthly Financial Trends
RETAIL BANKING PERFORMANCE MEASURES
($ in millions)

	March		February		January		December		November		October		September		August		July		June		May		April		March
	2007		2007		2007		2006		2006		2006		2006		2006		2006		2006		2006		2006		2006
Average Total Deposits(1)(2)	$	58,160	$	57,270	$	56,820	$	56,932	$	56,486	$	56,102	$	56,096	$	56,081	$	56,139	$	56,220	$	55,723	$	55,777	$	55,237
DEPOSIT ACCOUNT METRICS(1)(2)(3)
Personal Deposits:
Noninterest Bearing Checking
Average total balance	$	3,183	$	3,082	$	2,974	$	2,997	$	2,916	$	2,935	$	3,004	$	2,988	$	3,058	$	3,095	$	3,123	$	3,304	$	3,253
Number of accounts(4)		1,683		1,678		1,682		1,685		1,689		1,696		1,706		1,712		1,703		1,701		1,695		1,698		1,709
Interest Bearing Checking
Average total balance	$	8,368	$	8,179	$	8,207	$	8,256	$	8,077	$	7,993	$	8,029	$	8,036	$	8,072	$	8,132	$	8,107	$	8,324	$	8,095
Number of accounts(4)		1,153		1,150		1,138		1,127		1,122		1,113		1,101		1,088		1,068		1,054		1,036		1,017		999
Money Market Savings
Average total balance	$	14,988	$	14,641	$	14,348	$	14,044	$	13,860	$	13,741	$	13,709	$	13,751	$	13,760	$	13,820	$	13,771	$	13,695	$	13,681
Number of accounts(4)		1,011		1,015		989		972		960		949		937		920		893		878		858		840		824
Regular savings
Average total balance	$	1,520	$	1,505	$	1,517	$	1,532	$	1,555	$	1,580	$	1,605	$	1,652	$	1,717	$	1,764	$	1,793	$	1,819	$	1,833
Number of accounts(4)		512		519		526		534		540		547		556		563		574		583		591		599		607
Business Deposits:
Average total balance	$	8,261	$	8,227	$	8,200	$	8,498	$	8,493	$	8,377	$	8,341	$	8,258	$	8,329	$	8,362	$	8,066	$	8,043	$	8,028
Number of accounts(4)		407		406		404		405		405		404		402		401		398		396		394		393		390
Time Deposits:
Average total balance	$	21,649	$	21,485	$	21,459	$	21,480	$	21,465	$	21,368	$	21,301	$	21,286	$	21,099	$	20,949	$	20,759	$	20,499	$	20,253
Number of accounts(4)		1,035		1,055		1,051		1,055		1,061		1,055		1,059		1,059		1,052		1,042		1,031		1,026		1,017
CONSUMER LOAN PRODUCTION METRICS (# of loans)(1)(3)
Installment loan originations:
Home equity(5)		2,116		1,992		1,608		1,718		2,124		2,337		2,110		3,074		2,531		2,491		2,421		1,966		2,702
Other(6)		2,487		1,591		1,943		1,814		2,126		2,137		1,912		2,331		2,098		2,057		2,264		1,689		1,570
Home equity and other lines of credit		6,825		5,387		4,911		5,355		5,833		6,547		6,550		6,720		5,087		6,541		6,577		6,912		6,193
Total consumer loan originations		11,428		8,970		8,462		8,887		10,083		11,021		10,572		12,125		9,716		11,089		11,262		10,567		10,465
BANK BRANCHES AND OTHER(7)
Total bank branches		1,357		1,361		1,357		1,303		1,254		1,254		1,253		1,254		1,248		1,245		1,243		1,231		1,230
ATMs		2,098		2,092		2,088		2,013		1,965		1,964		1,960		1,957		1,960		1,968		1,967		1,954		1,949
Online banking customers		1,760,334		1,720,157		1,692,859		1,680,939		1,621,800		1,604,609		1,572,084		1,539,606		1,492,613		1,462,992		1,421,577		1,390,907		1,359,249

(1)	Excludes amounts associated with the Harbor and Fidelity acquisitions.
(2)	Restated to reflect the reassignment of certain deposits with the Commercial Banking-Regional line of business.
(3)	Excludes Education Finance and National City Card Services. Additionally, home equity loans generated by the National Home Equity division of the Mortgage Banking line of business are excluded from the consumer loan production metrics.
(4)	Represents period-end number of accounts in thousands.
(5)	Represents closed-end home equity installment loans included in real estate residential portfolio loans on the consolidated balance sheet.
(6)	Represents other secured installment loans.
(7)	Includes amounts associated with the Harbor and Fidelity acquisitions.

40

Unaudited
National City Corporation
Monthly Financial Trends
ASSET MANAGEMENT PERFORMANCE MEASURES
($ in millions)

	March			February			January		December			November			October			September			August			July			June			May			April			March
	2007			2007			2007		2006			2006			2006			2006			2006			2006			2006			2006			2006			2006
ASSETS UNDER ADMINISTRATION
Managed assets:
Value at beginning of period	$	61,929		$	62,322		$	61,369	$	61,805		$	60,546		$	60,468		$	59,744		$	58,736		$	59,217		$	61,230		$	62,131		$	62,669		$	66,748
Acquisition		—			—			99		—			—			—			—			—			—			—			—			—			—
Estimated change due to market impact		541			(117	)		491		28			651			698			731			963			446			(551	)		(594	)		452			939
Other activity, net		(284	)		(276	)		363		(464	)		608			(620	)		(7	)		45			(927	)		(1,462	)		(307	)		(990	)		(5,018	)
Value at end of period		62,186			61,929			62,322		61,369			61,805			60,546			60,468			59,744			58,736			59,217			61,230			62,131			62,669
Non-managed assets:
Value at beginning of period		51,544			51,326			50,823		51,831			51,725			50,910			49,784			49,798			48,261			48,633			48,404			48,018			43,340
Acquisition		—			—			19		—			—			—			—			—			—			—			—			—			—
Estimated change due to market impact		606			(66	)		450		744			595			423			875			8			839			(168	)		(192	)		456			306
Other activity, net		(421	)		284			34		(1,752	)		(489	)		392			251			(22	)		698			(204	)		421			(70	)		4,372
Value at end of period		51,729			51,544			51,326		50,823			51,831			51,725			50,910			49,784			49,798			48,261			48,633			48,404			48,018
Total assets at end of period	$	113,915		$	113,473		$	113,648	$	112,192		$	113,636		$	112,271		$	111,378		$	109,528		$	108,534		$	107,478		$	109,863		$	110,535		$	110,687
Proprietary mutual fund assets (included above)	$	13,247		$	13,089		$	12,999	$	12,672		$	12,545		$	12,036		$	11,946		$	11,879		$	11,672		$	11,848		$	11,833		$	11,828		$	12,198

NATIONAL CITY MORTGAGE STATISTICS
($ in millions)

	March			February			January			December			November			October			September			August			July			June			May			April			March
	2007			2007			2007			2006			2006			2006			2006			2006			2006			2006			2006			2006			2006
ORIGINATION AND SALES DATA
Applications(1)	$	8,941		$	6,725		$	6,700		$	6,214		$	6,323		$	6,514		$	5,871		$	6,462		$	5,361		$	5,979		$	6,508		$	6,017		$	7,137
Percentage of applications represented by refinances		54	%		55	%		59	%		63	%		59	%		58	%		56	%		52	%		48	%		46	%		46	%		45	%		47	%
Originations:
Retail	$	2,508		$	2,014		$	2,158		$	2,302		$	2,162		$	2,276		$	2,196		$	2,439		$	2,225		$	2,625		$	2,571		$	2,294		$	2,398
Wholesale		1,887			1,432			1,834			1,669			1,429			1,539			1,225			1,318			1,030			1,343			1,336			1,260			1,438
Less: loan originations for other units (NHE) and portfolio		(389	)		(333	)		(363	)		(377	)		(409	)		(431	)		(398	)		(402	)		(366	)		(404	)		(408	)		(427	)		(430	)
Total originations for sale	$	4,006		$	3,113		$	3,629		$	3,594		$	3,182		$	3,384		$	3,023		$	3,355		$	2,889		$	3,564		$	3,499		$	3,127		$	3,406
Percentage of originations represented by refinances		54	%		59	%		63	%		59	%		56	%		56	%		52	%		48	%		47	%		43	%		46	%		48	%		50	%
Loan Sales:
Loans sold servicing retained	$	3,107		$	2,710		$	2,784		$	2,377		$	2,564		$	2,070		$	2,581		$	2,325		$	2,504		$	2,868		$	2,549		$	2,167		$	2,198
Loans sold servicing released		286			181			202			328			358			467			231			463			316			235			237			266			258
Total loan sales	$	3,393		$	2,891		$	2,986		$	2,705		$	2,922		$	2,537		$	2,812		$	2,788		$	2,820		$	3,103		$	2,786		$	2,433		$	2,456
SERVICING DATA
Mortgage loans serviced for third parties	$	164,733		$	164,051		$	163,377		$	162,264		$	161,984		$	161,740		$	162,202		$	161,653		$	160,895		$	161,096		$	160,652		$	160,777		$	160,983

⁽¹⁾ Includes loans originated for sale and held in portfolio

NATIONAL HOME EQUITY STATISTICS
($ in millions)

	March		February		January		December		November		October		September		August		July		June		May		April		March
	2007		2007		2007		2006		2006		2006		2006		2006		2006		2006		2006		2006		2006
NATIONAL HOME EQUITY ORIGINATION DATA
Home equity lines of credit (HELOCs)(1)	$	832	$	763	$	781	$	817	$	862	$	932	$	847	$	936	$	797	$	874	$	981	$	899	$	1,019
Home equity loans (HELOANs)(2)		600		318		374		393		403		401		333		384		333		313		283		233		159
Total originations	$	1,432	$	1,081	$	1,155	$	1,210	$	1,265	$	1,333	$	1,180	$	1,320	$	1,130	$	1,187	$	1,264	$	1,132	$	1,178
NATIONAL HOME EQUITY SALE DATA
HELOCs sold servicing retained	$	633	$	803	$	346		—	$	843	$	1,132		—	$	133	$	1,162	$	1,099		—		—	$	1,097
HELOCs sold servicing released		—		—		—		—		—		—		—		—		—		—		—		—		—
HELOANs sold servicing retained		399		726		—		—		227		353		—		—		516		190		—	$	230		—
HELOANs sold servicing released		—		—		—		—		230		247	$	241		—		49		—		—		—		—
Total sales	$	1,032	$	1,529	$	346		—	$	1,300	$	1,732	$	241	$	133	$	1,727	$	1,289		—	$	230	$	1,097

(1)	Represents the total line of credit commitment amount.
(2)	Represents installment loans collateralized by real estate whereby National City has a first or second lien position. HELOANs are included in the residential real estate loan portfolio on the consolidated balance sheet.

41

Unaudited
National City Corporation
Monthly Financial Trends
RUN-OFF LOAN PORTFOLIO STATISTICS
($ in millions)

	March			February			January			December			November			October			September			August			July			June			May			April			March
	2007			2007			2007			2006			2006			2006			2006			2006			2006			2006			2006			2006			2006
FIRST FRANKLIN(1)
Period-end portfolio balance	$	8,217		$	6,495		$	6,983		$	7,480		$	7,903		$	8,257		$	8,302		$	15,326		$	16,000		$	16,583		$	17,281		$	17,918		$	18,254
Weighted-average note rate		7.40	%		7.58	%		7.53	%		7.98	%		7.92	%		7.87	%		7.83	%		7.53	%		7.51	%		7.48	%		7.45	%		7.41	%		7.34	%
Weighted-average loan size	$	94,261		$	91,019		$	91,761		$	92,690		$	93,614		$	94,528		$	95,025		$	101,908		$	102,390		$	102,939		$	103,645		$	104,339		$	106,513
Weighted-average credit score(2)(3)		628			628			629			629			629			635			635			644			644			645			645			647			647
First-lien weighted-average loan-to-value ratio(4)		77.38	%		77.61	%		77.63	%		77.70	%		77.75	%		77.84	%		77.92	%		77.19	%		77.25	%		77.31	%		77.37	%		77.44	%		77.48	%
Net charge-offs	$	40		$	6		$	7		$	8		$	6		$	3		$	24		$	11		$	5		$	5		$	6		$	5		$	7
Loans 90 days past due		642			580			564			566			580			506			500			459			452			405			387			380			364
Portfolio delinquency rate		20.89	%		21.08	%		20.82	%		20.92	%		18.98	%		18.21	%		16.84	%		11.49	%		10.94	%		9.84	%		8.95	%		8.88	%		7.40	%
NATIONAL HOME EQUITY(5)
Home Equity Lines of Credit(HELOC) Portfolio:
Period-end portfolio balance	$	5,424		$	5,541		$	5,748		$	5,928		$	6,156		$	6,393		$	6,671		$	6,979		$	7,270		$	7,933		$	8,201		$	8,600		$	8,906
Weighted-average credit score(2)(3)		729			729			729			731			731			731			731			731			731			732			732			732			731
Weighted-average cumulative loan-to-value ratio(6)		79.59	%		79.55	%		79.51	%		79.54	%		79.64	%		79.48	%		79.71	%		79.62	%		79.65	%		79.69	%		79.76	%		79.79	%		79.97	%
Utilization rate		48	%		48	%		49	%		49	%		49	%		50	%		50	%		50	%		51	%		51	%		51	%		52	%		52	%
Net charge-offs	$	4		$	1		$	5		$	7		$	4		$	1		$	4		$	3		$	2		$	1		$	2		$	1		$	2
Loans 90 days past due		21			22			21			19			22			20			12			13			14			10			7			8			8
Home Equity Loans(HELOAN) Portfolio:
Period-end portfolio balance	$	1,331		$	1,350		$	1,387		$	1,412		$	1,403		$	1,430		$	1,461		$	1,503		$	1,543		$	1,577		$	1,632		$	1,618		$	1,690
Weighted-average credit score(2)(3)		737			738			738			738			738			738			737			737			736			736			735			735			735
Weighted-average cumulative loan-to-value ratio(6)		89.35	%		89.34	%		89.37	%		89.38	%		89.41	%		89.41	%		89.43	%		89.42	%		89.45	%		89.46	%		89.45	%		89.44	%		89.46	%
Net charge-offs	$	1			—			—			—		$	1			—		$	1			—			—			—		$	1			—			—
Loans 90 days past due		1		$	1		$	1		$	1			1		$	1			1		$	1		$	1			—			1		$	1			—

(1)	Represents nonconforming residential real estate loans originated by the former First Franklin business unit. As First Franklin was sold in December 2006, this portfolio is in run-off.
(2)	Represents the Fair Isaac Corporation FICO® score, a benchmark credit rating system used by most financial companies and National City Corporation. National City is not affiliated with Fair Isaac Corporation and obtains FICO® scores from third-party credit bureaus.
(3)	Based upon most recent available FICO® score for borrowers. FICO® scores are updated quarterly.
(4)	Based upon period-end first-lien mortgage loan balance divided by the most recent obtained value of the underlying mortgaged property.
(5)	National Home Equity represents a division under the Mortgage Banking line of business. As a result of the originate-and-sell strategy for nonfootprint broker-sourced home equity loans and lines of credit, these portfolios are in run-off.
(6)	Based upon period-end first-lien and second-lien mortgage loan balances divided by the obtained value of the underlying mortgaged property at the time of origination.

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