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

January 22, 2008

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 January 22, 2008, National City Corporation issued a news release announcing its financial results for the fourth quarter and fiscal year ended December 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 filed under Item 2.02 of this Form 8-K.

Attached hereto as Exhibit 99.3 are supplemental materials that present data for the Corporation’s earnings conference call to be held on January 22, 2008, 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 January 22, 2008
99.2	Financial Supplement of National City Corporation
99.3	Supplemental Data for Earnings Conference Call

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: January 22, 2008	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 Contacts:	Media Contact:
Jill Hennessey	Kristen Baird Adams
216-222-9253	216-222-8202
jill.hennessey@nationalcity.com	kristen.bairdadams@nationalcity.com

NATIONAL CITY REPORTS FOURTH QUARTER

AND FULL YEAR 2007 RESULTS

     CLEVELAND—January 22, 2008— National City Corporation (NYSE: NCC) reported a net loss for the fourth quarter 2007 of $333 million, or $.53 per diluted share. The loss resulted from a large provision for credit losses, losses on mortgage loans held for sale, charges related to Visa, Inc. indemnification obligations, and severance charges associated with employment reductions during the quarter. In addition, the Corporation recorded a charge of $181 million representing the impairment of goodwill associated with the mortgage business. The goodwill impairment charge reduced net income by $.26 per diluted share but had no impact on cash flows, tangible book value or regulatory capital. Net income for the full year in 2007 was $314 million, or $.51 per diluted share.

     Net income for the fourth quarter of 2006 was $842 million, or $1.36 per diluted share, and net income for the full year 2006 was $2.3 billion, or $3.72 per diluted share. The 2006 results included a $622 million after-tax gain, approximately $1.00 per diluted share, on the sale of the Corporation’s former First Franklin mortgage origination and servicing platform, in the fourth quarter.

Chairman’s Comments

     Chairman and CEO Peter A. Raskind commented, “The poor financial performance of mortgage-related businesses, along with related restructuring costs and other unusual charges, overshadowed solid fundamental results in banking and wealth management. We believe that

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the restructuring actions we’ve taken in recent months to reduce costs, and to lower credit and capital markets risk in the mortgage business, while negative to earnings and costly to shareholders in the short run, have put the company in position to deliver better results going forward. In addition, we intend to build the capital strength of the Corporation through the recently announced dividend reduction as well as the issuance of new capital securities during the first quarter of 2008.”

Net Interest Income and Margin

     Tax-equivalent net interest income was $1.1 billion for the fourth quarter of 2007, about equal to the preceding quarter, and down slightly compared with the fourth quarter of 2006. Average earning assets for the fourth quarter of 2007 were $134.1 billion, an increase of 5% compared to the third quarter of 2007, and 10% compared to the fourth quarter a year ago. Net interest margin was 3.30% in the fourth quarter of 2007, compared to 3.43% in the third quarter of 2007, and 3.73% in the fourth quarter a year ago. The lower margin in the fourth quarter 2007 reflects higher LIBOR-based funding costs, narrower spreads on both commercial and consumer loans, and lower levels of noninterest-bearing funds compared to the fourth quarter a year ago.

     For the full year, tax-equivalent net interest income was $4.4 billion, down approximately 5% compared to 2006. Average earning assets were $126.6 billion in 2007, up about 3% compared to 2006. Net interest margin was 3.49% in 2007 and 3.75% in 2006. The lower margin in 2007 resulted from the same reasons as occurred in the fourth quarter of 2007.

Loans and Deposits

          Average portfolio loans were $113.5 billion for the fourth quarter of 2007, compared with $104.4 billion for the third quarter of 2007, and $93.1 billion for the fourth quarter a year ago. Both the linked-quarter and year-over-year increases reflect growth in commercial loans, recent acquisitions, and transfers to portfolio of mortgage loans formerly held for sale. For the full year, average portfolio loans were $104.0 billion for 2007 and $99.4 billion for 2006. Average loans held for sale were $8.3 billion in the fourth quarter of 2007, down $4.3 billion compared to the immediately preceding quarter, and down $9.1 billion from the fourth quarter a year ago. This decrease reflects transfers of formerly held for sale mortgage loans to

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portfolio, lower levels of origination due to curtailment of certain mortgage products, as well as the sale of the Corporation’s former First Franklin unit in late 2006. For the full year, average loans held for sale decreased to $11.3 billion in 2007 compared to $13.5 billion in 2006.

     Average total deposits were $98.3 billion in the fourth quarter of 2007, up $4.8 billion from the preceding quarter, and up $13.8 billion compared to the fourth quarter a year ago. Average core deposits, excluding mortgage escrow and custodial balances, were $83.4 billion in the fourth quarter of 2007, up $5.8 billion compared to the preceding quarter, and up $16.9 billion compared to the fourth quarter a year ago. Deposit balances have grown with recent acquisitions as well as continued household growth and expansion. Average total deposits for the full year 2007 were $92.5 billion, up 11% compared to $83.5 billion in 2006.

Credit Quality

          The provision for loan losses was $691 million in the fourth quarter of 2007, compared with $368 million in the preceding quarter and $325 million in the fourth quarter of 2006. For the year, the provision was $1.3 billion in 2007 compared with $489 million in 2006. The larger provision in 2007 primarily reflects higher credit losses on liquidating portfolios of nonconforming mortgage and out-of-footprint home equity loans, as well as other mortgage loans.

     Net charge-offs in the fourth quarter of 2007 were $275 million, compared with $141 million in the preceding quarter, and $128 million in the fourth quarter of last year. For the full year, net charge-offs were $661 million in 2007 compared with $442 million a year ago. Both the linked quarter and year-over-year increases in net charge-offs are primarily related to higher credit losses on residential mortgage and broker-sourced, out-of-footprint home equity loans. Declining real estate values and financial stress on borrowers have resulted in higher delinquencies and greater charge-offs in 2007. Nonperforming assets were $1.5 billion at December 31, 2007, up from $732 million a year ago, primarily due to a larger number of delinquent residential real estate loans.

     As of December 31, 2007, the allowance for loan losses was $1.8 billion, or 1.52% of portfolio loans, compared to $1.1 billion, or 1.18% of portfolio loans, a year ago. The

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allowance has increased to reflect estimated probable credit losses within the loan portfolio that have not yet reached charge-off thresholds.

Noninterest Income

     Noninterest income was $597 million for the fourth quarter of 2007, compared to $624 million in the preceding quarter, and $1.7 billion in the fourth quarter a year ago. Noninterest income for the last half of 2007 reflects losses on mortgage loans held for sale due to unfavorable or illiquid markets for many mortgage products. Noninterest income for the fourth quarter of 2006 included a $984 million pretax gain on the sale of the Corporation’s former First Franklin unit.

     Net loan sale (loss)/revenue was $(149) million in the fourth quarter of 2007, $(74) million in the third quarter of 2007, versus $122 million in the fourth quarter a year ago. During the fourth quarter of 2007, further deterioration occurred in market values resulting in additional fair value write-downs on loans held for sale. Substantially all originations of residential mortgage loans, outside of agency-eligible products, have now been curtailed. In addition, certain nonagency-eligible mortgage and home equity loans formerly held for sale were transferred to portfolio in the fourth quarter.

     Loan servicing revenue was $115 million in the fourth quarter of 2007, compared to $159 million in the immediately preceding quarter, and $52 million in the fourth quarter a year ago. Net mortgage servicing right (MSR) hedging pretax gains/(losses) were $11 million in the fourth quarter of 2007, $64 million in the preceding quarter, and $(60) million in the fourth quarter a year ago.

     Deposit service fees, other service fees and brokerage revenue all showed growth in the fourth quarter of 2007. Deposit service fees were $249 million in the fourth quarter of 2007, up 8% from the preceding quarter and 17% compared to the fourth quarter a year ago, which reflects recent acquisitions, continued growth in the number of accounts, and higher volumes of fee-generating transactions. Other service fees were $41 million in the fourth quarter of 2007, up 19% from the preceding quarter, and 15% from the fourth quarter a year ago, due primarily to higher loan syndication fee revenue. Brokerage revenue was $54 million in the fourth quarter of 2007, up 30% from the preceding quarter, but down 9% from the fourth

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quarter a year ago. The linked-quarter increase reflects stronger underwriting and advisory fee revenue in the fourth quarter of 2007, although not as strong as the fourth quarter a year ago.

     For the full year, noninterest income was $2.6 billion in 2007, versus $4.0 billion in 2006, inclusive of the $984 million gain on the sale of First Franklin. Net loan sale (loss)/revenue was $(38) million in 2007 versus $766 million in 2006. Significant disruption in the mortgage markets resulted in losses recognized on mortgage loans held for sale in the last half of 2007, which completely offset loan sale revenues from the first half of the year. Loan servicing revenue was $402 million in 2007 compared to $91 million in 2006. Growth in the servicing portfolio in 2007 offset $64 million of loan servicing revenue lost with the sale of First Franklin in late 2006. Net MSR hedging pretax gains /(losses), included within loan servicing revenue, were $36 million in 2007 versus $(294) million in 2006.

     Deposit service fees grew to $905 million in 2007, up $87 million, or 11% from the prior year, due to the same factors described above. Leasing revenue declined by $50 million year-over-year due to continued run-off of the leased automobile portfolio. Brokerage revenue increased to $189 million in 2007, up $31 million, or 20%, compared to the prior year due to higher business volumes and lower trading losses. Other noninterest income for 2006 included $36 million of nonrecurring revenue associated with the release of a chargeback guarantee liability.

Noninterest Expense

          Noninterest expense was $1.6 billion in the fourth quarter of 2007, compared to $1.4 billion in the third quarter of 2007, and $1.2 billion in the fourth quarter a year ago. Noninterest expense for the fourth quarter of 2007 included a goodwill impairment loss of $181 million related to the mortgage business and additional accruals of $132 million for estimated indemnification losses arising from third-party litigation against Visa. Noninterest expense for the preceding quarter included a Visa indemnification charge of $157 million, mortgage asset impairments of $44 million, and a probable litigation settlement of $25 million. No similar items were present in the fourth quarter of last year. Severance and outplacements costs were $66 million in the fourth quarter of 2007, $23 million in the third quarter of 2007, and $9 million in the fourth quarter a year ago.

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     Noninterest expense was $5.3 billion for the full year 2007, compared to $4.7 billion in 2006. Impairment, fraud and other losses increased by $563 million in 2007 primarily due to the previously described Visa indemnification charges, impairment losses and litigation settlements. Personnel costs decreased slightly year-over-year despite $59 million of higher severance costs in 2007. Foreclosure costs increased by $55 million in 2007 due to more loans in foreclosure and higher foreclosure losses. Intangible asset amortization increased by approximately $35 million, which reflects amortization of core deposit intangibles associated with recent acquisitions. These higher costs were somewhat offset by lower depreciation expense on the leased automobile portfolio as well as general cost savings measures.

     Management expects that the value of its ownership in Visa, currently not reflected in the financial statements, will ultimately more than offset the aforementioned Visa-related liabilities recorded in 2007.

Income Tax Expense

     The effective tax rates for the fourth quarter of 2007 and 2006 were (41)% and 35%, respectively. The tax rate in the fourth quarter of 2007 reflects adjustments to the prior estimate of annual pre-tax earnings as a result of actual fourth quarter results. The effective tax rate for the full year was approximately 15% in 2007 versus 33% in 2006. The lower rate in 2007 resulted from favorable tax credits and other adjustments, which are fixed amounts, representing a larger portion of income tax expense in 2007 due to the Corporation’s lower earnings.

Balance Sheet

     At December 31, 2007, total assets were $150.4 billion, and stockholders’ equity was $13.4 billion or 8.9% of assets. At December 31, 2007, total deposits were $97.6 billion, including core deposits of $87.5 billion. Total purchased funds were $35.0 billion at December 31, 2007, compared to $33.3 billion at December 31, 2006. The higher level of purchased funds corresponds to a larger loan portfolio and resulted from the inability to sell certain mortgage loans during the last half of 2007.

     The Corporation repurchased 86.2 million shares of its common stock in 2007. At December 31, 2007, the Corporation had remaining authorization to repurchase 37.6 million

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shares. No share repurchases occurred in the fourth quarter of 2007, and no repurchases are planned for the first quarter of 2008, to allow capital ratios to migrate towards the top end of their target ranges.

Forward-Looking Statements

     This document contains forward-looking statements. Forward-looking statements, written or oral, 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 including the housing and residential mortgage markets; changes in interest rates; the timing, pricing and effects on the Corporation of the proposed Visa, Inc. initial public offering; changes in the competitive environment; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; losses, customer bankruptcies, 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 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 sec.gov or on the Corporation’s Web site at nationalcity.com/investorrelations. Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.

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Conference Call

     Management of National City will host a conference call at 11:00 a.m. (ET) on Tuesday, January 22, 2008 to discuss the fourth quarter and full year 2007 results. Presentation slides to accompany the conference call remarks may be found at http://phx.corporate-ir.net/phoenix.zhtml?c=64242&p=irol-presentations. Interested parties may access the conference call by dialing 1-888-428-4480. 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 January 22, 2008, until midnight (ET) on January 29, 2008. The replay will be accessible by calling 1-800-475-6701 (domestic) or 320-365-3844 (international) using the pass code of 893752 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, Pennsylvania, and Wisconsin 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.

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
EARNINGS
Tax-equivalent interest income	$	2,381		$	2,360		$	2,255		$	2,218		$	2,270		$	2,298		$	2,243		$	2,153		$	2,113		$	9,214		$	8,964		$	7,763
Interest expense		1,272			1,258			1,159			1,100			1,137			1,148			1,076			969			921			4,789			4,330			3,036
Tax-equivalent net interest income		1,109			1,102			1,096			1,118			1,133			1,150			1,167			1,184			1,192			4,425			4,634			4,727
Provision for loan losses		691			368			145			122			325			70			62			32			136			1,326			489			300
Tax-equivalent NII after provision for loan losses		418			734			951			996			808			1,080			1,105			1,152			1,056			3,099			4,145			4,427
Noninterest income		597			624			764			621			1,702			877			784			656			777			2,606			4,019			3,304
Noninterest expense		1,567			1,396			1,186			1,156			1,208			1,187			1,172			1,144			1,263			5,305			4,711			4,735
(Loss) income before taxes and tax-equivalent adjustment		(552	)		(38	)		529			461			1,302			770			717			664			570			400			3,453			2,996
Income tax (benefit) expense		(226	)		(26	)		175			134			452			236			238			197			164			57			1,123			980
Tax-equivalent adjustment		7			7			7			8			8			8			6			8			8			29			30			31
Net (loss) income		($333	)		($19	)	$	347		$	319		$	842		$	526		$	473		$	459		$	398		$	314		$	2,300		$	1,985
Effective tax rate		(40.5	)%		(58.4	)%		33.6	%		29.5	%		34.9	%		30.9	%		33.5	%		30.1	%		29.1	%		15.3	%		32.8	%		33.1	%
PER COMMON SHARE
Net (loss) income:
Basic(1)		($.53	)		($.03	)	$	.60		$	.50		$	1.37		$	.87		$	.77		$	.75		$	.65		$	.51		$	3.77		$	3.13
Diluted(1)		(.53	)		(.03	)		.60			.50			1.36			.86			.77			.74			.64			.51			3.72			3.09
Dividends paid		.41			.41			.39			.39			.39			.39			.37			.37			.37			1.60			1.52			1.44
Book value		21.15			21.86			21.45			22.12			23.06			21.44			20.84			20.69			20.51
Market value (close)		16.46			25.09			33.32			37.25			36.56			36.60			36.19			34.90			33.57
Average shares:
Basic		633.2			588.1			572.7			631.7			611.9			603.8			609.7			611.9			618.2			606.4			609.3			633.4
Diluted		633.2			588.1			580.4			640.5			620.7			612.1			618.2			619.7			625.4			612.2			617.7			641.6
PERFORMANCE RATIOS
Return on average common equity		—			—			11.35	%		8.98	%		24.93	%		16.45	%		15.08	%		14.91	%		12.57	%		2.36	%		17.98	%		15.54	%
Return on average total equity		—			—			11.37			8.99			24.94			16.46			15.10			14.92			12.59			2.38			18.00			15.55
Return on average assets		—			—			1.00			.94			2.44			1.51			1.35			1.33			1.10			.22			1.66			1.40
Net interest margin		3.30	%		3.43	%		3.59			3.69			3.73			3.73			3.73			3.81			3.74			3.49			3.75			3.74
Efficiency ratio		91.86			80.89			63.76			66.50			42.64			58.59			60.04			62.18			64.14			75.46			54.45			58.95
LINE OF BUSINESS (LOB) RESULTS
Net Income:
Retail Banking	$	177		$	173		$	195		$	171		$	129		$	192		$	206		$	173		$	158		$	716		$	700		$	616
Commercial Banking — Regional		79			101			96			126			113			112			105			113			123			402			443			486
Commercial Banking — National		68			44			78			96			77			100			99			96			77			286			372			316
Mortgage Banking		(445	)		(166	)		61			9			38			70			(17	)		(33	)		60			(541	)		58			419
Asset Management		23			21			29			27			22			24			30			22			14			100			98			80
Parent and Other		(235	)		(192	)		(112	)		(110	)		463			28			50			88			(34	)		(649	)		629			68
Total Consolidated National City Corporation		($333	)		($19	)	$	347		$	319		$	842		$	526		$	473		$	459		$	398		$	314		$	2,300		$	1,985
LOB Contribution to Diluted Earnings Per Share(1):
Retail Banking	$	.28		$	.29		$	.33		$	.27		$	.21		$	.31		$	.33		$	.28		$	.25		$	1.17		$	1.13		$	.96
Commercial Banking — Regional		.13			.17			.17			.20			.19			.18			.17			.18			.20			.66			.72			.76
Commercial Banking — National		.11			.08			.13			.15			.12			.16			.16			.15			.12			.47			.60			.49
Mortgage Banking		(.70	)		(.28	)		.11			.01			.06			.11			(.03	)		(.05	)		.10			(.88	)		.09			.65
Asset Management		.04			.03			.05			.04			.03			.04			.05			.04			.02			.16			.15			.12
Parent and Other		(.39	)		(.32	)		(.19	)		(.17	)		.75			.06			.09			.14			(.05	)		(1.07	)		1.03			.11
Total Consolidated National City Corporation(1)		($.53	)		($.03	)	$	.60		$	.50		$	1.36		$	.86		$	.77		$	.74		$	.64		$	.51		$	3.72		$	3.09

⁽¹⁾     The sum of the quarterly earnings per share may not equal the year-to-date earnings per share due to rounding

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
CREDIT QUALITY STATISTICS
Net charge-offs	$	275		$	141		$	98		$	147		$	128		$	117		$	76		$	121		$	138		$	661		$	442		$	380
Provision for loan losses		691			368			145			122			325			70			62			32			136			1,326			489			300
Loan loss allowance		1,762			1,373			1,136			1,104			1,131			932			989			1,001			1,094
Lending-related commitment allowance		65			54			61			63			78			80			77			79			84
Nonperforming assets		1,523			1,211			848			801			732			689			667			647			596
Annualized net charge-offs to average portfolio loans		.96	%		.54	%		.39	%		.61	%		.54	%		.48	%		.30	%		.46	%		.52	%		.64	%		.44	%		.36	%
Loan loss allowance to period-end portfolio loans		1.52			1.23			1.14			1.11			1.18			1.00			.98			.98			1.03
Loan loss allowance to nonperforming portfolio loans		161.55			159.42			202.16			206.08			226.13			198.25			202.14			207.14			223.11
Loan loss allowance (period-end) to annualized net charge-offs		161.24			245.43			291.06			184.68			223.38			200.10			326.17			204.29			199.42			266.49			256.20			287.26
Nonperforming assets to period-end portfolio loans and other nonperforming assets		1.31			1.08			.85			.80			.76			.74			.66			.63			.56
CAPITAL AND LIQUIDITY RATIOS
Tier 1 capital(1)		6.52	%		6.78	%		6.56	%		7.08	%		8.93	%		7.48	%		7.31	%		7.38	%		7.43	%
Total risk-based capital(1)		10.26			10.37			10.28			10.13			12.16			10.30			10.20			10.31			10.54
Leverage(1)		6.39			6.96			6.53			6.92			8.56			7.13			6.89			6.92			6.83
Period-end equity to assets		8.92			8.98			8.64			9.51			10.40			9.34			8.91			9.00			8.86
Period-end tangible common equity to assets (2)		5.28			5.29			5.43			6.26			7.77			6.99			6.60			6.70			6.57
Average equity to assets		8.88			8.71			8.83			10.45			9.78			9.16			8.97			8.94			8.78			9.19	%		9.21	%		9.02	%
Average equity to portfolio loans		11.94			12.10			12.27			14.66			14.38			13.03			12.35			11.83			11.79			12.69			12.86			12.13
Average portfolio loans to deposits		115.45			111.70			110.74			111.78			110.18			116.64			122.88			127.05			126.68			112.49			119.09			127.23
Average portfolio loans to core deposits		130.20			128.17			127.87			128.66			131.69			140.31			146.55			155.09			156.15			128.76			143.22			155.12
Average portfolio loans to earning assets		84.60			81.43			81.48			80.79			76.65			79.11			81.32			84.71			83.41			82.14			80.45			83.40
Average securities to earning assets		6.58			6.11			5.84			6.34			6.43			6.40			6.24			6.20			6.00			6.22			6.31			6.15
AVERAGE BALANCES
Assets	$	152,566		$	145,095		$	138,587		$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	143,559		$	138,678		$	141,556
Portfolio loans		113,484			104,439			99,689			98,198			93,124			97,404			101,757			105,431			106,433			103,996			99,390			105,275
Loans held for sale or securitization		8,340			12,643			12,615			11,769			17,425			15,065			12,760			8,826			11,172			11,336			13,547			11,090
Securities (at cost)		8,826			7,835			7,143			7,704			7,806			7,874			7,802			7,719			7,657			7,880			7,801			7,759
Earning assets		134,142			128,249			122,344			121,543			121,488			123,126			125,127			124,459			127,608			126,609			123,541			126,224
Core deposits		87,164			81,484			77,964			76,322			70,717			69,419			69,434			67,979			68,160			80,765			69,395			67,869
Purchased deposits and funding		47,450			47,093			44,604			43,001			48,917			52,321			54,338			55,105			58,661			45,554			52,652			57,217
Total equity		13,554			12,636			12,231			14,398			13,388			12,687			12,565			12,468			12,549			13,200			12,779			12,765
PERIOD-END BALANCES
Assets	$	150,374		$	154,166		$	140,636		$	138,559		$	140,191		$	138,123		$	141,486		$	140,231		$	142,397
Portfolio loans		116,022			111,991			99,683			99,566			95,492			92,963			100,973			102,269			106,039
Loans held for sale or securitization		4,290			11,987			14,421			10,693			12,853			19,505			12,964			11,779			9,667
Securities (at fair value)		8,731			8,977			7,024			7,208			7,509			7,906			7,726			7,609			7,875
Core deposits		87,536			86,450			79,043			77,884			73,375			68,788			69,744			69,884			68,408
Purchased deposits and funding		45,067			49,193			45,036			42,897			47,147			51,987			54,069			52,879			56,564
Total equity		13,408			13,843			12,147			13,170			14,581			12,902			12,610			12,623			12,613

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

EX-99.2

Exhibit 99.2

Unaudited
Financial Supplement
December 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
Mortgage Banking 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	32-35
Monthly Financial Trends
Consolidated Selected Average Balances	36
Credit Quality Statistics	37
Capitalization	38
Full-Time Equivalent Employees By Line of Business	38
Retail Banking Performance Measures	39
Asset Management Performance Measures	40
Mortgage Banking Statistics	40
Run-Off Loan Portfolio Statistics	41

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

Changes to this Financial Supplement are as follows:

Provision for lending-related commitments

The provision for lending-related commitments is now reported as part of the impairment, fraud, and other losses line item of noninterest expense. Previously, the provision for lending-related commitments was reported as a component of the provision for loan losses. Prior periods have been updated to reflect this reclassification.

Consolidated Income Statement — page 3

Impairment, fraud, and other losses has been added as a separate line item on the consolidated income statement. In prior years, impairment, fraud, and other losses was included as part of other expenses. Prior periods have been updated to reflect this presentation change.

Other service fees has been added as a separate line item on the consolidated income statement. In prior years, other service fees was included as part of other noninterest income. Prior periods have been updated to reflect this presentation change.

Consolidated Balance sheet — page 4

Junior subordinated debentures owed to unconsolidated subsidiary trusts has been added as a separate line item on the consolidated balance sheet. In prior years, junior subordinated debentures owed to unconsolidated subsidiary trusts was included as part of long-term debt. Prior periods have been updated to reflect this presentation change.

2

Unaudited

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
EARNINGS
Tax-equivalent interest income	$	2,381		$	2,360		$	2,255		$	2,218		$	2,270		$	2,298		$	2,243		$	2,153		$	2,113		$	9,214		$	8,964		$	7,763
Interest expense		1,272			1,258			1,159			1,100			1,137			1,148			1,076			969			921			4,789			4,330			3,036
Tax-equivalent net interest income		1,109			1,102			1,096			1,118			1,133			1,150			1,167			1,184			1,192			4,425			4,634			4,727
Provision for loan losses		691			368			145			122			325			70			62			32			136			1,326			489			300
Tax-equivalent NII after provision for loan losses		418			734			951			996			808			1,080			1,105			1,152			1,056			3,099			4,145			4,427
Noninterest income		597			624			764			621			1,702			877			784			656			777			2,606			4,019			3,304
Noninterest expense		1,567			1,396			1,186			1,156			1,208			1,187			1,172			1,144			1,263			5,305			4,711			4,735
(Loss) income before taxes and tax-equivalent adjustment		(552	)		(38	)		529			461			1,302			770			717			664			570			400			3,453			2,996
Income tax (benefit) expense		(226	)		(26	)		175			134			452			236			238			197			164			57			1,123			980
Tax-equivalent adjustment		7			7			7			8			8			8			6			8			8			29			30			31
Net (loss) income		($333	)		($19	)	$	347		$	319		$	842		$	526		$	473		$	459		$	398		$	314		$	2,300		$	1,985
Effective tax rate		(40.5	)%		(58.4	%)		33.6	%		29.5	%		34.9	%		30.9	%		33.5	%		30.1	%		29.1	%		15.3	%		32.8	%		33.1	%
PER COMMON SHARE
Net (loss) income:
Basic(1)		($.53	)		($.03	)	$	.60		$	.50		$	1.37		$	.87		$	.77		$	.75		$	.65		$	.51		$	3.77		$	3.13
Diluted(1)		(.53	)		(.03	)		.60			.50			1.36			.86			.77			.74			.64			.51			3.72			3.09
Dividends paid		.41			.41			.39			.39			.39			.39			.37			.37			.37			1.60			1.52			1.44
Book value		21.15			21.86			21.45			22.12			23.06			21.44			20.84			20.69			20.51
Market value (close)		16.46			25.09			33.32			37.25			36.56			36.60			36.19			34.90			33.57
Average shares:
Basic		633.2			588.1			572.7			631.7			611.9			603.8			609.7			611.9			618.2			606.4			609.3			633.4
Diluted		633.2			588.1			580.4			640.5			620.7			612.1			618.2			619.7			625.4			612.2			617.7			641.6
PERFORMANCE RATIOS
Return on average common equity		—			—			11.35	%		8.98	%		24.93	%		16.45	%		15.08	%		14.91	%		12.57	%		2.36	%		17.98	%		15.54	%
Return on average total equity		—			—			11.37			8.99			24.94			16.46			15.10			14.92			12.59			2.38			18.00			15.55
Return on average assets		—			—			1.00			.94			2.44			1.51			1.35			1.33			1.10			.22			1.66			1.40
Net interest margin		3.30	%		3.43	%		3.59			3.69			3.73			3.73			3.73			3.81			3.74			3.49			3.75			3.74
Efficiency ratio		91.86			80.89			63.76			66.50			42.64			58.59			60.04			62.18			64.14			75.46			54.45			58.95
LINE OF BUSINESS (LOB) RESULTS(2)
Net Income:
Retail Banking	$	177		$	173		$	195		$	171		$	129		$	192		$	206		$	173		$	158		$	716		$	700		$	616
Commercial Banking — Regional		79			101			96			126			113			112			105			113			123			402			443			486
Commercial Banking — National		68			44			78			96			77			100			99			96			77			286			372			316
Mortgage Banking		(445	)		(166	)		61			9			38			70			(17	)		(33	)		60			(541	)		58			419
Asset Management		23			21			29			27			22			24			30			22			14			100			98			80
Parent and Other		(235	)		(192	)		(112	)		(110	)		463			28			50			88			(34	)		(649	)		629			68
Total Consolidated National City Corporation		($333	)		($19	)	$	347		$	319		$	842		$	526		$	473		$	459		$	398		$	314		$	2,300		$	1,985
LOB Contribution to Diluted Earnings Per Share(1):
Retail Banking	$	.28		$	.29		$	.33		$	.27		$	.21		$	.31		$	.33		$	.28		$	.25		$	1.17		$	1.13		$	.96
Commercial Banking — Regional		.13			.17			.17			.20			.19			.18			.17			.18			.20			.66			.72			.76
Commercial Banking — National		.11			.08			.13			.15			.12			.16			.16			.15			.12			.47			.60			.49
Mortgage Banking		(.70	)		(.28	)		.11			.01			.06			.11			(.03	)		(.05	)		.10			(.88	)		.09			.65
Asset Management		.04			.03			.05			.04			.03			.04			.05			.04			.02			.16			.15			.12
Parent and Other		(.39	)		(.32	)		(.19	)		(.17	)		.75			.06			.09			.14			(.05	)		(1.07	)		1.03			.11
Total Consolidated National City Corporation(1)		($.53	)		($.03	)	$	.60		$	.50		$	1.36		$	.86		$	.77		$	.74		$	.64		$	.51		$	3.72		$	3.09

(1)	The sum of the quarterly earnings per share may not equal the year-to-date earnings per share due to rounding
(2)	See pages 32-35 for more detail on Line of Business results

3

Unaudited

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
CREDIT QUALITY STATISTICS
Net charge-offs	$	275		$	141		$	98		$	147		$	128		$	117		$	76		$	121		$	138		$	661		$	442		$	380
Provision for loan losses		691			368			145			122			325			70			62			32			136			1,326			489			300
Loan loss allowance		1,762			1,373			1,136			1,104			1,131			932			989			1,001			1,094
Lending-related commitment allowance		65			54			61			63			78			80			77			79			84
Nonperforming assets		1,523			1,211			848			801			732			689			667			647			596
Annualized net charge-offs to average portfolio loans		.96	%		.54	%		.39	%		.61	%		.54	%		.48	%		.30	%		.46	%		.52	%		.64	%		.44	%		.36	%
Loan loss allowance to period-end portfolio loans		1.52			1.23			1.14			1.11			1.18			1.00			.98			.98			1.03
Loan loss allowance to nonperforming portfolio loans		161.55			159.42			202.16			206.08			226.13			198.25			202.14			207.14			223.11
Loan loss allowance (period-end) to annualized net charge-offs		161.24			245.43			291.06			184.68			223.38			200.10			326.17			204.29			199.42			266.49			256.20			287.26
Nonperforming assets to period-end portfolio loans and other nonperforming assets		1.31			1.08			.85			.80			.76			.74			.66			.63			.56
CAPITAL AND LIQUIDITY RATIOS
Tier 1 capital(1)		6.52	%		6.78	%		6.56	%		7.08	%		8.93	%		7.48	%		7.31	%		7.38	%		7.43	%
Total risk-based capital(1)		10.26			10.37			10.28			10.13			12.16			10.30			10.20			10.31			10.54
Leverage(1)		6.39			6.96			6.53			6.92			8.56			7.13			6.89			6.92			6.83
Period-end equity to assets		8.92			8.98			8.64			9.51			10.40			9.34			8.91			9.00			8.86
Period-end tangible common equity to assets (2)		5.28			5.29			5.43			6.26			7.77			6.99			6.60			6.70			6.57
Average equity to assets		8.88			8.71			8.83			10.45			9.78			9.16			8.97			8.94			8.78			9.19	%		9.21	%		9.02	%
Average equity to portfolio loans		11.94			12.10			12.27			14.66			14.38			13.03			12.35			11.83			11.79			12.69			12.86			12.13
Average portfolio loans to deposits		115.45			111.70			110.74			111.78			110.18			116.64			122.88			127.05			126.68			112.49			119.09			127.23
Average portfolio loans to core deposits		130.20			128.17			127.87			128.66			131.69			140.31			146.55			155.09			156.15			128.76			143.22			155.12
Average portfolio loans to earning assets		84.60			81.43			81.48			80.79			76.65			79.11			81.32			84.71			83.41			82.14			80.45			83.40
Average securities to earning assets		6.58			6.11			5.84			6.34			6.43			6.40			6.24			6.20			6.00			6.22			6.31			6.15
AVERAGE BALANCES
Assets	$	152,566		$	145,095		$	138,587		$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	143,559		$	138,678		$	141,556
Portfolio loans		113,484			104,439			99,689			98,198			93,124			97,404			101,757			105,431			106,433			103,996			99,390			105,275
Loans held for sale or securitization		8,340			12,643			12,615			11,769			17,425			15,065			12,760			8,826			11,172			11,336			13,547			11,090
Securities (at cost)		8,826			7,835			7,143			7,704			7,806			7,874			7,802			7,719			7,657			7,880			7,801			7,759
Earning assets		134,142			128,249			122,344			121,543			121,488			123,126			125,127			124,459			127,608			126,609			123,541			126,224
Core deposits		87,164			81,484			77,964			76,322			70,717			69,419			69,434			67,979			68,160			80,765			69,395			67,869
Purchased deposits and funding		47,450			47,093			44,604			43,001			48,917			52,321			54,338			55,105			58,661			45,554			52,652			57,217
Total equity		13,554			12,636			12,231			14,398			13,388			12,687			12,565			12,468			12,549			13,200			12,779			12,765
PERIOD-END BALANCES
Assets	$	150,374		$	154,166		$	140,636		$	138,559		$	140,191		$	138,123		$	141,486		$	140,231		$	142,397
Portfolio loans		116,022			111,991			99,683			99,566			95,492			92,963			100,973			102,269			106,039
Loans held for sale or securitization		4,290			11,987			14,421			10,693			12,853			19,505			12,964			11,779			9,667
Securities (at fair value)		8,731			8,977			7,024			7,208			7,509			7,906			7,726			7,609			7,875
Core deposits		87,536			86,450			79,043			77,884			73,375			68,788			69,744			69,884			68,408
Purchased deposits and funding		45,067			49,193			45,036			42,897			47,147			51,987			54,069			52,879			56,564
Total equity		13,408			13,843			12,147			13,170			14,581			12,902			12,610			12,623			12,613

(1)	Fourth 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		For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr		4th Qtr			3rd Qtr		2nd Qtr			1st Qtr			4th Qtr		2007			2006			2005
Interest Income:
Loans	$	2,198,056		$	2,202,339		$	2,113,945		$	2,055,933	$	2,107,538		$	2,143,202	$	2,089,927		$	2,010,826		$	1,977,690	$	8,570,273		$	8,351,493		$	7,239,110
Securities:
Taxable		114,729			98,216			86,288			97,145		100,149			98,585		97,085			89,988			85,291		396,378			385,807			342,797
Exempt from Federal income taxes		4,583			4,574			5,392			5,350		5,892			6,217		6,495			6,857			7,205		19,899			25,461			30,509
Dividends		1,302			427			461			456		954			256		345			1,351			2,424		2,646			2,906			8,857
Federal funds sold and security resale agreements		10,583			15,807			14,525			22,927		15,000			8,840		7,013			3,994			4,165		63,842			34,847			12,266
Other investments		44,763			31,892			26,796			28,606		32,787			33,132		35,265			32,064			27,615		132,057			133,248			98,280
Total interest income		2,374,016			2,353,255			2,247,407			2,210,417		2,262,320			2,290,232		2,236,130			2,145,080			2,104,390		9,185,095			8,933,762			7,731,819
Interest Expense:
Deposits		793,752			783,618			727,596			685,705		663,666			638,290		581,307			537,053			494,185		2,990,671			2,420,316			1,604,601
Federal funds borrowed and security repurchase agreements		65,214			72,382			77,531			57,377		88,699			82,632		53,967			59,207			72,887		272,504			284,505			209,893
Borrowed funds		22,846			33,632			35,987			16,197		25,097			23,387		31,909			22,500			27,869		108,662			102,893			67,896
Long-term debt		390,945			368,403			317,764			340,413		359,833			403,899		408,688			350,025			325,990		1,417,525			1,522,445			1,153,681
Total interest expense		1,272,757			1,258,035			1,158,878			1,099,692		1,137,295			1,148,208		1,075,871			968,785			920,931		4,789,362			4,330,159			3,036,071
Net interest income		1,101,259			1,095,220			1,088,529			1,110,725		1,125,025			1,142,024		1,160,259			1,176,295			1,183,459		4,395,733			4,603,603			4,695,748
Provision for loan losses		690,632			368,763			144,540			121,968		324,722			69,598		61,975			31,913			136,072		1,325,903			488,208			300,531
Net interest income after provision for loan losses		410,627			726,457			943,989			988,757		800,303			1,072,426		1,098,284			1,144,382			1,047,387		3,069,830			4,115,395			4,395,217
Noninterest Income:
Loan sale revenue		(149,314	)		(74,397	)		110,121			75,237		120,937			215,479		285,001			144,096			193,139		(38,353	)		765,513			808,356
Loan servicing revenue		114,995			158,994			95,687			32,056		52,561			103,556		(20,597	)		(44,053	)		32,535		401,732			91,467			399,379
Deposit service charges		248,320			229,182			223,060			204,251		211,812			214,354		203,587			188,548			201,109		904,813			818,301			740,280
Insurance revenue		35,841			28,964			34,563			34,249		30,850			33,767		32,989			31,735			31,997		133,617			129,341			102,789
Trust and investment management fees		80,863			79,050			84,352			73,719		73,219			74,442		80,031			73,055			71,560		317,984			300,747			296,012
Card-related fees		32,702			31,374			28,867			32,081		28,532			26,930		25,036			29,270			26,701		125,024			109,768			105,222
Other service fees		40,450			33,884			33,143			35,355		35,049			34,214		36,557			32,327			32,777		142,832			138,147			129,497
Brokerage revenue		53,302			40,876			54,711			39,783		58,775			35,217		30,266			33,565			41,173		188,672			157,823			159,433
Leasing revenue		35,689			41,778			45,133			55,374		53,359			53,514		61,110			60,166			58,534		177,974			228,149			267,315
Gain on divestitures		16,493			—			—			—		983,940			—		—			—			—		16,493			983,940			16,001
Securities (losses) gains, net		(4,683	)		828			(1,314	)		26,985		(13,472	)		283		990			11,716			9,083		21,816			(483	)		27,087
Other		92,235			53,676			56,215			11,431		66,200			85,719		49,111			95,222			78,652		213,557			296,252			252,948
Total noninterest income		596,893			624,209			764,538			620,521		1,701,762			877,475		784,081			655,647			777,260		2,606,161			4,018,965			3,304,319
Noninterest Expense:
Salaries, benefits, and other personnel		663,052			642,331			641,696			633,147		677,916			649,031		635,968			640,639			659,085		2,580,226			2,603,554			2,560,250
Impairment, fraud, and other losses		336,281			257,159			14,349			6,372		395			25,150		11,334			14,216			47,895		614,161			51,095			90,887
Equipment		91,514			76,061			84,468			83,301		94,225			74,158		78,877			78,798			80,630		335,344			326,058			303,471
Net occupancy		84,200			76,930			75,461			78,446		78,281			73,053		73,125			73,490			71,794		315,037			297,949			315,647
Third-party services		101,626			80,707			89,227			85,685		95,116			87,111		91,326			78,790			96,693		357,245			352,343			332,391
Card processing		8,257			8,124			8,174			7,157		6,966			7,395		6,595			6,686			5,754		31,712			27,642			21,096
Marketing and public relations		37,835			41,515			45,028			32,544		45,416			36,092		37,903			28,268			65,498		156,922			147,679			164,533
Leasing expense		24,020			28,701			32,073			34,450		41,847			37,861		42,254			43,105			45,010		119,244			165,067			178,969
Other		219,739			184,770			195,778			195,136		168,508			197,681		194,335			179,813			190,655		795,423			740,337			766,876
Total noninterest expense		1,566,524			1,396,298			1,186,254			1,156,238		1,208,670			1,187,532		1,171,717			1,143,805			1,263,014		5,305,314			4,711,724			4,734,120
(Loss) income before income tax (benefit) expense		(559,004	)		(45,632	)		522,273			453,040		1,293,395			762,369		710,648			656,224			561,633		370,677			3,422,636			2,965,416
Income tax (benefit) expense		(226,168	)		(26,627	)		175,669			133,828		451,738			235,923		237,722			197,417			163,504		56,702			1,122,800			980,187
Net (loss) income		($332,836	)		($19,005	)	$	346,604		$	319,212	$	841,657		$	526,446	$	472,926		$	458,807		$	398,129	$	313,975		$	2,299,836		$	1,985,229
Net (Loss) Income Per Common Share:
Basic(1)		($.53	)		($.03	)	$	.60		$	.50	$	1.37		$	.87	$	.77		$	.75		$	.65	$	.51		$	3.77		$	3.13
Diluted (1)		(.53	)		(.03	)		.60			.50		1.36			.86		.77			.74			.64		.51			3.72			3.09
Average Common Shares:
Basic		633,165,451			588,134,030			572,729,604			631,710,591		611,908,170			603,848,871		609,656,508			611,910,838			618,227,109		606,388,766			609,316,070			633,431,660
Diluted		633,165,451			588,134,030			580,385,828			640,533,750		620,745,044			612,063,772		618,230,041			619,697,278			625,358,669		612,236,659			617,671,507			641,600,969
Memo:
Tax-equivalent net interest income	$	1,108,463		$	1,101,903		$	1,096,086		$	1,118,282	$	1,133,020		$	1,149,357	$	1,167,563		$	1,183,780		$	1,191,948	$	4,424,734		$	4,633,720		$	4,726,474
Net (loss) income available to common stockholders		(333,296	)		(19,465	)		346,167			318,775		841,220			526,009		472,511			458,392			397,714		312,181			2,298,132			1,983,613

⁽¹⁾ The sum of the quarterly earnings per share may not equal the year-to-date earnings per share due to rounding

5

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

	2007												2006												2005
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr
Assets
Cash and demand balances due from banks	$	3,226,493		$	2,912,349		$	2,895,764		$	3,222,466		$	3,521,153		$	3,035,430		$	3,804,115		$	3,288,577		$	3,707,665
Federal funds sold and security resale agreements		100,278			337,932			718,087			2,394,424			1,551,350			371,610			925,594			472,356			301,260
Securities available for sale, at fair value		8,731,257			8,976,731			7,023,923			7,208,209			7,508,820			7,906,165			7,725,543			7,609,199			7,874,628
Other investments		2,306,297			2,372,410			1,620,428			1,609,114			6,317,779			1,813,649			2,405,917			2,218,936			2,108,622
Loans held for sale or securitization:
Commercial		41,351			159,094			38,111			29,441			33,661			36,263			82,276			66,298			10,784
Commercial real estate		507,641			369,385			377,474			173,419			177,312			336,995			87,292			186,951			35,306
Residential real estate		3,741,322			10,381,672			10,694,467			8,198,112			9,327,783			15,596,231			9,683,317			8,709,827			9,192,282
Credit card		—			—			—			—			425,000			—			—			—			425,000
Home equity lines of credit		—			1,076,568			3,310,851			2,291,907			2,888,512			3,522,022			3,099,705			2,810,156			—
Student loans		159			680			400			388			638			13,741			11,334			5,765			3,758
Total loans held for sale or securitization		4,290,473			11,987,399			14,421,303			10,693,267			12,852,906			19,505,252			12,963,924			11,778,997			9,667,130
Portfolio loans:
Commercial		30,914,512			29,437,609			28,024,859			27,077,822			26,969,081			26,051,077			25,768,141			24,708,530			24,026,082
Commercial leases		4,437,162			4,399,246			4,334,862			4,095,225			4,082,940			3,811,656			3,530,574			3,439,170			3,545,831
Commercial construction		9,051,007			8,655,760			7,936,891			7,879,280			7,160,310			6,712,833			6,271,444			5,817,201			5,344,212
Commercial real estate		14,883,089			14,703,736			13,011,123			12,778,183			12,436,458			12,022,002			12,233,327			11,969,954			12,407,576
Residential real estate		30,242,757			29,241,677			24,577,062			24,966,396			21,881,602			20,963,692			28,757,737			30,206,986			30,845,509
Home equity lines of credit		18,079,580			17,523,913			13,974,592			14,322,084			14,594,782			15,293,584			16,626,039			17,599,150			21,438,690
Credit card and other unsecured lines of credit		3,914,693			3,476,372			3,163,904			2,958,390			3,006,789			2,704,794			2,569,448			2,453,129			2,611,679
Other consumer		4,499,181			4,552,364			4,659,997			5,488,829			5,360,110			5,403,854			5,216,159			6,075,268			5,819,144
Total portfolio loans		116,021,981			111,990,677			99,683,290			99,566,209			95,492,072			92,963,492			100,972,869			102,269,388			106,038,723
Allowance for loan losses		(1,761,728	)		(1,372,879	)		(1,135,766	)		(1,104,011	)		(1,131,175	)		(932,058	)		(989,405	)		(1,001,324	)		(1,094,047	)
Net portfolio loans		114,260,253			110,617,798			98,547,524			98,462,198			94,360,897			92,031,434			99,983,464			101,268,064			104,944,676
Properties and equipment		1,707,487			1,651,750			1,518,707			1,492,410			1,402,150			1,325,761			1,308,358			1,300,488			1,328,903
Equipment leased to others		374,789			407,406			446,935			500,422			572,952			594,303			661,542			706,779			696,327
Other real estate owned		424,332			323,964			284,396			263,197			229,070			196,937			167,378			151,376			97,008
Mortgage servicing rights		2,525,842			2,503,089			2,467,749			2,089,863			2,094,387			2,264,104			2,541,250			2,361,617			2,115,715
Goodwill		5,423,907			5,625,010			4,533,742			4,550,642			3,815,911			3,339,631			3,346,779			3,304,999			3,313,109
Other intangible assets		355,823			375,954			241,970			251,447			183,648			157,403			162,188			155,286			168,353
Derivative assets		1,030,794			626,662			444,756			589,093			612,914			693,444			566,777			642,234			772,918
Accrued income and other assets		5,616,003			5,447,554			5,470,782			5,232,205			5,166,905			4,887,573			4,922,748			4,972,103			5,300,800
Total Assets	$	150,374,028		$	154,166,008		$	140,636,066		$	138,558,957		$	140,190,842		$	138,122,696		$	141,485,577		$	140,231,011		$	142,397,114
Liabilities
Deposits:
Noninterest bearing	$	17,363,648		$	16,693,513		$	17,547,090		$	17,313,652		$	17,537,278		$	16,188,883		$	17,312,118		$	17,186,781		$	17,429,227
NOW and money market accounts		37,868,236			36,769,018			33,798,901			33,360,456			30,335,531			28,734,045			28,710,382			29,538,292			28,304,007
Savings accounts		2,870,716			2,913,662			2,260,197			2,473,508			1,881,444			1,821,496			1,970,616			2,105,325			2,147,022
Consumer time		29,433,081			30,073,886			25,437,213			24,736,279			23,620,821			22,043,743			21,750,652			21,053,803			20,527,784
Core deposits		87,535,681			86,450,079			79,043,401			77,883,895			73,375,074			68,788,167			69,743,768			69,884,201			68,408,040
Other		3,110,153			3,604,197			3,027,619			3,564,659			4,119,756			5,199,389			4,846,707			6,061,923			6,734,915
Foreign		6,909,661			8,194,692			10,497,190			7,187,637			9,738,760			8,794,632			8,633,371			5,470,495			8,843,036
Total deposits		97,555,495			98,248,968			92,568,210			88,636,191			87,233,590			82,782,188			83,223,846			81,416,619			83,985,991
Federal funds borrowed and security repurchase agreements		5,100,185			6,248,924			5,653,283			5,967,883			5,283,997			7,346,405			4,912,465			5,236,545			6,499,254
Borrowed funds		2,055,063			2,505,742			2,670,238			1,857,988			1,648,967			3,956,550			3,150,985			2,461,246			3,517,537
Long-term debt		25,992,453			26,758,298			21,914,624			23,468,733			25,406,971			26,348,126			32,181,511			33,305,822			30,496,093
Junior subordinated debentures owed to unconsolidated subsidiary trusts		1,899,683			1,881,269			1,273,114			850,251			948,705			341,617			343,870			342,864			473,523
Derivative liabilities		608,131			555,716			732,310			619,007			717,830			668,477			1,119,162			1,004,762			738,343
Accrued expenses and other liabilities		3,755,190			4,124,240			3,677,761			3,988,535			4,369,779			3,777,510			3,943,974			3,840,215			4,073,502
Total Liabilities		136,966,200			140,323,157			128,489,540			125,388,588			125,609,839			125,220,873			128,875,813			127,608,073			129,784,243
Stockholders’ Equity
Preferred stock		—			—			—			—			—			—			—			—			—
Common stock		2,535,783			2,533,382			2,265,141			2,381,941			2,529,527			2,407,502			2,420,214			2,439,965			2,460,191
Capital surplus		6,374,955			6,361,320			4,763,670			4,962,660			4,793,537			3,766,184			3,749,508			3,709,927			3,681,603
Retained earnings		4,405,526			5,002,284			5,270,420			5,881,809			7,328,853			6,739,515			6,564,449			6,522,324			6,459,212
Accumulated other comprehensive income		91,564			(54,135	)		(152,705	)		(56,041	)		(70,914	)		(11,378	)		(124,407	)		(49,278	)		11,865
Total Stockholders’ Equity		13,407,828			13,842,851			12,146,526			13,170,369			14,581,003			12,901,823			12,609,764			12,622,938			12,612,871
Total Liabilities and Stockholders’ Equity	$	150,374,028		$	154,166,008		$	140,636,066		$	138,558,957		$	140,190,842		$	138,122,696		$	141,485,577		$	140,231,011		$	142,397,114
Common Shares Outstanding		633,945,720			633,345,384			566,285,142			595,485,028			632,381,603			601,875,473			605,053,511			609,991,042			615,047,663
Memo:
Noninterest bearing escrow balances	$	3,269,928		$	3,203,973		$	3,558,018		$	3,334,760		$	3,645,186		$	3,498,396		$	3,780,740		$	3,700,578		$	3,514,063
Interest bearing escrow balances		170,829			156,981			157,307			154,251			134,446			128,891			140,555			131,339			141,388
Noninterest bearing deposits excluding escrow balances		14,093,720			13,489,540			13,989,072			13,978,892			13,892,092			12,690,487			13,531,378			13,486,203			13,915,164
Core deposits excluding escrow balances		84,094,924			83,089,125			75,328,076			74,394,884			69,595,442			65,160,880			65,822,473			66,052,284			64,752,589
Sweep account balances, excluded from core deposit balances		9,014,955			9,487,406			9,551,319			9,768,463			8,415,378			7,293,124			6,388,985			6,220,952			5,998,935

6

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
Assets
Earning Assets:
Portfolio loans:
Commercial	$	30,085		$	28,616		$	28,018		$	27,004		$	26,325		$	26,013		$	25,281		$	24,018		$	23,972		$	28,440		$	25,417		$	23,730
Commercial leases		4,389			4,235			4,061			3,981			3,781			3,532			3,428			3,522			3,477		$	4,168			3,566			3,171
Commercial construction		8,902			8,225			7,854			7,611			6,943			6,510			6,064			5,611			5,047			8,151			6,286			4,264
Commercial real estate		14,627			13,548			12,919			12,976			12,066			12,061			12,100			12,022			12,153			13,522			12,062			12,033
Residential real estate		29,425			26,546			24,384			23,715			20,952			25,701			29,255			30,736			31,019			26,035			26,632			30,941
Home equity lines of credit		17,886			15,609			14,010			14,409			14,896			15,629			17,089			20,979			21,808			15,488			17,128			21,118
Credit card and other unsecured lines of credit		3,659			3,356			3,099			3,019			2,803			2,654			2,528			2,515			2,469			3,285			2,626			2,381
Other consumer		4,511			4,304			5,344			5,483			5,358			5,304			6,012			6,028			6,488			4,907			5,673			7,637
Total portfolio loans		113,484			104,439			99,689			98,198			93,124			97,404			101,757			105,431			106,433			103,996			99,390			105,275
Loans held for sale or securitization:
Commercial		158			79			37			38			35			49			68			12			25			79			41			18
Commercial real estate		325			385			226			174			101			116			142			86			122			278			111			198
Residential real estate		7,305			10,070			9,478			8,520			14,385			11,904			9,086			7,977			10,089			8,842			10,859			10,547
Automobile		—			—			—			—			—			—			—			—			710			—			—			179
Student		1			1			1			—			4			15			4			4			4			1			7			2
Home equity lines of credit		551			2,108			2,873			2,669			2,815			2,981			3,460			331			15			2,045			2,405			4
Credit card		—			—			—			368			85			—			—			416			207			91			124			142
Total loans held for sale or securitization		8,340			12,643			12,615			11,769			17,425			15,065			12,760			8,826			11,172			11,336			13,547			11,090
Securities available for sale, at cost		8,826			7,835			7,143			7,704			7,806			7,874			7,802			7,719			7,657			7,880			7,801			7,759
Federal funds sold and security resale agreements		945			1,212			1,117			1,748			1,122			654			536			327			355			1,253			662			303
Other investments		2,547			2,120			1,780			2,124			2,011			2,129			2,272			2,156			1,991			2,144			2,141			1,797
Total earning assets		134,142			128,249			122,344			121,543			121,488			123,126			125,127			124,459			127,608			126,609			123,541			126,224
Allowance for loan losses		(1,363	)		(1,142	)		(1,107	)		(1,154	)		(941	)		(988	)		(1,009	)		(1,092	)		(1,097	)		(1,192	)		(1,007	)		(1,143	)
Fair value appreciation (depreciation) of securities available for sale		32			(73	)		(34	)		(11	)		(4	)		(120	)		(120	)		(28	)		(8	)		(22	)		(68	)		72
Cash and demand balances due from banks		2,809			2,714			2,748			2,965			2,953			3,075			3,246			3,326			3,493			2,808			3,149			3,645
Properties and equipment		1,674			1,571			1,493			1,495			1,369			1,311			1,300			1,311			1,293			1,559			1,323			1,280
Equipment leased to others		392			431			480			553			595			617			687			707			727			463			651			861
Other real estate owned		382			304			270			239			218			186			158			104			95			299			167			92
Mortgage servicing rights		2,456			2,493			2,233			2,175			2,275			2,465			2,438			2,191			2,071			2,340			2,343			1,738
Goodwill		5,613			4,896			4,544			4,479			3,564			3,346			3,326			3,310			3,319			4,886			3,387			3,313
Other intangible assets		364			281			251			256			163			156			156			161			174			288			159			188
Derivative assets		738			310			245			244			345			153			—			140			248			386			156			303
Accrued income and other assets		5,327			5,061			5,120			5,026			4,868			5,107			4,710			4,807			5,060			5,135			4,877			4,983
Total Assets	$	152,566		$	145,095		$	138,587		$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	143,559		$	138,678		$	141,556
Liabilities
Deposits:
Noninterest bearing	$	16,901		$	16,690		$	16,875		$	16,831		$	16,695		$	16,740		$	17,057		$	16,766		$	17,752		$	16,824		$	16,814		$	18,257
NOW and money market accounts		37,658			35,099			33,675			32,582			29,538			28,810			28,872			28,367			28,160			34,769			28,900			28,589
Savings accounts		2,922			2,457			2,345			2,433			1,834			1,903			2,042			2,106			2,189			2,540			1,970			2,361
Consumer time		29,683			27,238			25,069			24,476			22,650			21,966			21,463			20,740			20,059			26,632			21,711			18,662
Core deposits		87,164			81,484			77,964			76,322			70,717			69,419			69,434			67,979			68,160			80,765			69,395			67,869
Brokered retail CDs		2,406			2,297			2,469			3,006			3,499			4,161			4,899			5,492			6,073			2,542			4,506			5,384
Other		1,244			1,112			914			917			972			1,049			956			1,047			885			1,048			1,006			703
Foreign		7,485			8,609			8,677			7,602			9,334			8,878			7,518			8,469			8,900			8,095			8,553			8,787
Total deposits		98,299			93,502			90,024			87,847			84,522			83,507			82,807			82,987			84,018			92,450			83,460			82,743
Federal funds borrowed and security repurchase agreements		6,283			6,176			6,566			5,072			7,289			6,876			5,110			6,198			8,151			6,027			6,373			7,338
Borrowed funds		2,027			2,593			2,867			1,240			1,937			1,925			2,768			2,180			2,865			2,185			2,201			2,253
Long-term debt		28,005			26,306			23,111			25,164			25,886			29,432			33,087			31,719			31,787			25,657			30,013			32,752
Derivative liabilities		324			377			434			353			348			431			181			188			193			372			288			234
Accrued expenses and other liabilities		4,074			3,505			3,354			3,736			3,523			3,576			3,501			3,656			3,420			3,668			3,564			3,471
Total Liabilities		139,012			132,459			126,356			123,412			123,505			125,747			127,454			126,928			130,434			130,359			125,899			128,791
Total Stockholders’ Equity		13,554			12,636			12,231			14,398			13,388			12,687			12,565			12,468			12,549			13,200			12,779			12,765
Total Liabilities and Stockholders’ Equity	$	152,566		$	145,095		$	138,587		$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	143,559		$	138,678		$	141,556
Memo:
Noninterest bearing escrow balances	$	3,559		$	3,714		$	3,762		$	3,386		$	4,069		$	4,250		$	4,084		$	3,651		$	4,346		$	3,606		$	4,016		$	4,447
Interest bearing escrow balances		165			157			155			153			134			136			139			136			136			157			136			137
Noninterest bearing deposits excluding escrow balances		13,342			12,976			13,113			13,445			12,626			12,490			12,973			13,115			13,406			13,218			12,798			13,810
Core deposits excluding escrow balances		83,440			77,613			74,047			72,783			66,514			65,033			65,211			64,192			63,678			77,002			65,243			63,285
Sweep account balances, excluded from core deposit balances		9,703			9,903			9,748			9,253			7,975			6,974			6,157			6,063			6,309			9,653			6,798			5,508

7

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

	2007								2006								2005		For the Year
	4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		2007		2006		2005
AVERAGE MORTGAGE LOANS HELD FOR SALE
National City Mortgage	$	6,882	$	8,587	$	7,672	$	6,339	$	5,636	$	5,635	$	5,760	$	5,527	$	7,098	$	7,374	$	5,640	$	7,897
First Franklin(1)		—		—		—		1,140		8,016		5,509		2,768		2,322		2,991		281		4,672		2,650
Home equity installment		423		1,483		1,806		1,041		733		760		558		128		—		1,187		547		—
Total mortgage loans held for sale	$	7,305	$	10,070	$	9,478	$	8,520	$	14,385	$	11,904	$	9,086	$	7,977	$	10,089	$	8,842	$	10,859	$	10,547
SELECTED AVERAGE PORTFOLIO LOAN BALANCES
Commercial
Commercial	$	27,014	$	25,783	$	25,291	$	24,342	$	23,621	$	23,547	$	22,900	$	21,782	$	21,919	$	25,615	$	22,969	$	21,788
Floorplan		832		852		970		992		1,005		998		1,081		1,067		1,031		911		1,038		1,019
Non-taxable		396		381		376		381		372		333		310		303		293		384		330		303
International		1,843		1,600		1,381		1,289		1,327		1,135		990		866		729		1,530		1,080		620
Total Commercial	$	30,085	$	28,616	$	28,018	$	27,004	$	26,325	$	26,013	$	25,281	$	24,018	$	23,972	$	28,440	$	25,417	$	23,730
Real estate — residential
Bank portfolio and other	$	14,428	$	11,661	$	10,284	$	9,854	$	6,697	$	5,827	$	5,409	$	5,581	$	5,646	$	11,570	$	5,883	$	6,000
First Franklin(1)		6,238		6,921		7,709		7,490		7,949		13,591		17,537		18,636		18,985		7,086		14,396		18,889
Home equity installment		8,759		7,964		6,391		6,371		6,306		6,283		6,309		6,519		6,388		7,379		6,353		6,052
Total Real Estate — Residential	$	29,425	$	26,546	$	24,384	$	23,715	$	20,952	$	25,701	$	29,255	$	30,736	$	31,019	$	26,035	$	26,632	$	30,941
Credit Card and Other Unsecured Lines of Credit
Credit card	$	1,633	$	1,434	$	1,243	$	1,173	$	1,032	$	958	$	892	$	920	$	919	$	1,372	$	951	$	931
Personal lines of credit		880		835		812		827		816		786		759		750		726		839		778		653
Business lines of credit		1,146		1,087		1,044		1,019		955		910		877		845		824		1,074		897		797
Total Credit Card and Other Unsecured Lines of Credit	$	3,659	$	3,356	$	3,099	$	3,019	$	2,803	$	2,654	$	2,528	$	2,515	$	2,469	$	3,285	$	2,626	$	2,381
BUSINESS UNIT SELECTED AVERAGE PORTFOLIO LOAN BALANCES
Home equity lines of credit(2)	$	7,443	$	6,196	$	5,091	$	5,462	$	6,243	$	6,993	$	8,396	$	12,190	$	12,919	$	6,054	$	8,435	$	12,317
Installment loans (real estate-residential)(2)		3,578		2,583		1,423		1,421		1,477		1,572		1,688		2,018		2,001		2,258		1,687		1,813
Total loans	$	11,021	$	8,779	$	6,514	$	6,883	$	7,720	$	8,565	$	10,084	$	14,208	$	14,920	$	8,312	$	10,122	$	14,130

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

8

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

	2007								2006								2005
	4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr
MORTGAGE LOANS HELD FOR SALE OR SECURITIZATION
National City Mortgage	$	3,741	$	9,667	$	8,385	$	7,052	$	6,592	$	5,703	$	6,185	$	5,790	$	6,785
First Franklin(1)		—		—		—		—		1,625		8,851		2,645		2,389		2,407
Home equity installment		—		715		2,309		1,146		1,111		1,042		853		531		—
Total Mortgage Loans Held for Sale or Securitization	$	3,741	$	10,382	$	10,694	$	8,198	$	9,328	$	15,596	$	9,683	$	8,710	$	9,192
PORTFOLIO LOAN BALANCES
Commercial
Commercial	$	27,762	$	26,483	$	25,193	$	24,454	$	24,225	$	23,432	$	23,300	$	22,359	$	21,805
Floorplan		858		835		945		994		1,035		989		1,068		1,103		1,097
Non-taxable		388		401		374		380		379		342		319		300		305
International		1,907		1,719		1,513		1,250		1,330		1,288		1,081		947		819
Total Commercial	$	30,915	$	29,438	$	28,025	$	27,078	$	26,969	$	26,051	$	25,768	$	24,709	$	24,026
Real estate — residential
Bank portfolio and other	$	15,349	$	13,882	$	10,786	$	10,402	$	7,963	$	6,371	$	5,863	$	5,614	$	5,646
First Franklin(1)		6,012		6,648		7,419		8,217		7,486		8,308		16,590		18,261		18,688
Home equity installment		8,882		8,712		6,372		6,347		6,433		6,285		6,305		6,332		6,512
Total Real Estate — Residential	$	30,243	$	29,242	$	24,577	$	24,966	$	21,882	$	20,964	$	28,758	$	30,207	$	30,846
INTANGIBLE ASSETS
Goodwill	$	5,424	$	5,625	$	4,534	$	4,551	$	3,816	$	3,340	$	3,347	$	3,305	$	3,313
Core deposit intangibles		331		351		213		226		153		125		133		127		134
Credit card intangibles		2		2		3		4		5		5		5		6		6
Other intangibles		23		23		26		21		26		27		24		22		28
Total Intangible Assets	$	5,780	$	6,001	$	4,776	$	4,802	$	4,000	$	3,497	$	3,509	$	3,460	$	3,481
Memo:
Holding company investment in subsidiaries	$	15,610	$	15,495	$	13,879	$	14,501	$	13,082	$	13,864	$	13,895	$	13,548	$	13,246
Holding company intangible assets		122		122		117		120		117		117		122		122		122
Double leverage ratio(2)		1.17 x		1.13 x		1.15 x		1.11 x		.91 x		1.08 x		1.11 x		1.08 x		1.06 x
Subsidiary bank dividend capacity(3)	$	106	$	563	$	451	$	1,033	$	954	$	1,688	$	1,697	$	1,497	$	1,928
PRINCIPAL INVESTMENTS(4)
Type of Investment:
Direct investments in public entities		—		—		—		—		—		—		—		—		—
Direct investments in nonpublic entities	$	387	$	364	$	339	$	319	$	311	$	312	$	326	$	319	$	317
Indirect investments (funds)		388		374		372		365		354		353		355		348		344
Total Investments	$	775	$	738	$	711	$	684	$	665	$	665	$	681	$	667	$	661
Type of Security:
Common stock	$	100	$	88	$	97	$	80	$	78	$	80	$	77	$	74	$	76
Convertible debt and preferred stock		14		20		8		11		11		15		23		26		26
Investments in partnerships, funds and other equity instruments		459		441		430		415		398		390		393		386		379
Mezzanine (subordinated) debt		202		189		176		178		178		180		188		181		180
Total Investments	$	775	$	738	$	711	$	684	$	665	$	665	$	681	$	667	$	661
Memo:
Commitments to fund principal investments	$	357	$	340	$	358	$	297	$	282	$	292	$	310	$	290	$	295

(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)	The subsidiary bank dividend excludes acquired banks prior to their merger into National City Bank.
(4)	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		For the Year
	4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		2007		2006		2005
CREDIT CARD LOANS(1)
Managed Credit Card Loans:
Average balances:
Loans held in portfolio	$	1,633	$	1,434	$	1,243	$	1,173	$	1,032	$	958	$	892	$	920	$	919	$	1,372	$	951	$	931
Loans held for securitization		—		—		—		368		85		—		—		416		207		91		124		142
Loans securitized		1,450		1,450		1,450		1,082		1,362		1,450		1,450		1,035		1,240		1,359		1,325		1,307
Total Average Managed Credit Card Loans	$	3,083	$	2,884	$	2,693	$	2,623	$	2,479	$	2,408	$	2,342	$	2,371	$	2,366	$	2,822	$	2,400	$	2,380
End of period balances:
Loans held in portfolio	$	1,852	$	1,496	$	1,275	$	1,131	$	1,185	$	989	$	900	$	859	$	1,032
Loans held for securitization		—		—		—		—		425		—		—		—		425
Loans securitized		1,450		1,450		1,450		1,450		1,025		1,450		1,450		1,450		1,026
Total Managed Credit Card Loans	$	3,302	$	2,946	$	2,725	$	2,581	$	2,635	$	2,439	$	2,350	$	2,309	$	2,483
AUTOMOBILE LOANS(2)
Managed Automobile Loans(3):
Average balances:
Loans held in portfolio	$	86	$	107	$	135	$	167	$	267	$	252	$	264	$	316	$	1,145	$	124	$	275	$	2,323
Loans held for securitization		—		—		—		—		—		—		—		—		710		—		—		179
Loans securitized		761		922		1,111		1,327		1,547		1,801		2,142		2,465		1,257		1,028		1,986		861
Total Average Managed Automobile Loans	$	847	$	1,029	$	1,246	$	1,494	$	1,814	$	2,053	$	2,406	$	2,781	$	3,112	$	1,152	$	2,261	$	3,363
End of period balances:
Loans held in portfolio	$	77	$	90	$	117	$	150	$	185	$	228	$	232	$	271	$	352
Loans securitized		689		839		1,014		1,217		1,439		1,668		1,987		2,299		2,602
Total Managed Automobile Loans	$	766	$	929	$	1,131	$	1,367	$	1,624	$	1,896	$	2,219	$	2,570	$	2,954

(1)	In March 2007 and March 2006, the Corporation sold through securitization $425 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 BALANCES/NET INTEREST INCOME/RATES
($ in millions)

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
AVERAGE BALANCES
Assets
Earning Assets:
Loans(1):
Commercial	$	30,243		$	28,695		$	28,055		$	27,042		$	26,360		$	26,062		$	25,349		$	24,030		$	23,997		$	28,519		$	25,458		$	23,748
Commercial leases		4,389			4,235			4,061			3,981			3,781			3,532			3,428			3,522			3,477			4,168			3,566			3,171
Commercial construction		8,902			8,225			7,854			7,611			6,943			6,510			6,064			5,611			5,047			8,151			6,286			4,264
Commercial real estate		14,952			13,933			13,145			13,150			12,167			12,177			12,242			12,108			12,275			13,800			12,173			12,231
Residential real estate		36,730			36,616			33,862			32,235			35,337			37,605			38,341			38,713			41,108			34,877			37,491			41,488
Home equity lines of credit		18,437			17,717			16,883			17,078			17,711			18,610			20,549			21,310			21,823			17,533			19,533			21,122
Credit card and other unsecured lines of credit		3,659			3,356			3,099			3,387			2,888			2,654			2,528			2,931			2,676			3,376			2,750			2,523
Other consumer		4,512			4,305			5,345			5,483			5,362			5,319			6,016			6,032			7,202			4,908			5,680			7,818
Total loans		121,824			117,082			112,304			109,967			110,549			112,469			114,517			114,257			117,605			115,332			112,937			116,365
Securities available for sale, at cost:
Taxable		8,435			7,447			6,734			7,257			7,313			7,351			7,260			7,153			7,060			7,471			7,270			7,134
Tax-exempt		391			388			409			447			493			523			542			566			597			409			531			625
Total securities available for sale		8,826			7,835			7,143			7,704			7,806			7,874			7,802			7,719			7,657			7,880			7,801			7,759
Federal funds sold, security resale agreements, and other investments		3,492			3,332			2,897			3,872			3,133			2,783			2,808			2,483			2,346			3,397			2,803			2,100
Total earning assets		134,142			128,249			122,344			121,543			121,488			123,126			125,127			124,459			127,608			126,609			123,541			126,224
Allowance for loan losses		(1,363	)		(1,142	)		(1,107	)		(1,154	)		(941	)		(988	)		(1,009	)		(1,092	)		(1,097	)		(1,192	)		(1,007	)		(1,143	)
Fair value appreciation (depreciation) of securities available for sale		32			(73	)		(34	)		(11	)		(4	)		(120	)		(120	)		(28	)		(8	)		(22	)		(68	)		72
Nonearning assets		19,755			18,061			17,384			17,432			16,350			16,416			16,021			16,057			16,480			18,164			16,212			16,403
Total Assets	$	152,566		$	145,095		$	138,587		$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	143,559		$	138,678		$	141,556
Liabilities and Stockholders’ Equity
Interest bearing liabilities:
NOW and money market accounts	$	37,658		$	35,099		$	33,675		$	32,582		$	29,538		$	28,810		$	28,872		$	28,367		$	28,160		$	34,769		$	28,900		$	28,589
Savings accounts		2,922			2,457			2,345			2,433			1,834			1,903			2,042			2,106			2,189			2,540			1,970			2,361
Consumer time deposits		29,683			27,238			25,069			24,476			22,650			21,966			21,463			20,740			20,059			26,632			21,711			18,662
Other deposits		3,650			3,409			3,383			3,923			4,471			5,210			5,855			6,539			6,958			3,590			5,512			6,087
Foreign deposits		7,485			8,609			8,677			7,602			9,334			8,878			7,518			8,469			8,900			8,095			8,553			8,787
Federal funds borrowed		1,841			1,984			2,508			1,237			3,675			3,286			1,746			2,823			4,675			1,894			2,886			4,021
Security repurchase agreements		4,442			4,192			4,058			3,835			3,614			3,590			3,364			3,375			3,476			4,133			3,487			3,317
Borrowed funds		2,027			2,593			2,867			1,240			1,937			1,925			2,768			2,180			2,865			2,185			2,201			2,253
Long-term debt		28,005			26,306			23,111			25,164			25,886			29,432			33,087			31,719			31,787			25,657			30,013			32,752
Total interest bearing liabilities		117,713			111,887			105,693			102,492			102,939			105,000			106,715			106,318			109,069			109,495			105,233			106,829
Noninterest bearing deposits		16,901			16,690			16,875			16,831			16,695			16,740			17,057			16,766			17,752			16,824			16,814			18,257
Accrued interest and other liabilities		4,398			3,882			3,788			4,089			3,871			4,007			3,682			3,844			3,613			4,040			3,852			3,705
Total Liabilities		139,012			132,459			126,356			123,412			123,505			125,747			127,454			126,928			130,434			130,359			125,899			128,791
Total Stockholders’ Equity		13,554			12,636			12,231			14,398			13,388			12,687			12,565			12,468			12,549			13,200			12,779			12,765
Total Liabilities and Stockholders’ Equity	$	152,566		$	145,095		$	138,587		$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	143,559		$	138,678		$	141,556
Memo:
Interest bearing core deposits	$	70,263		$	64,794		$	61,089		$	59,491		$	54,022		$	52,679		$	52,377		$	51,213		$	50,408		$	63,941		$	52,581		$	49,612
Interest bearing total deposits		81,398			76,812			73,149			71,016			67,827			66,767			65,750			66,221			66,266			75,626			66,646			64,486
Borrowed funding and long-term debt		36,315			35,075			32,544			31,476			35,112			38,233			40,965			40,097			42,803			33,869			38,587			42,343

⁽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			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
INTEREST
Assets
Earning Assets:
Loans(1):
Commercial	$	552		$	552		$	534		$	513		$	516		$	515		$	474		$	422		$	401		$	2,151		$	1,927		$	1,388
Commercial leases		79			72			69			69			61			57			55			58			53			289			231			201
Commercial construction		162			161			154			140			138			131			118			103			90			617			490			272
Commercial real estate		258			251			236			237			229			224			218			209			210			982			880			778
Residential real estate		643			654			620			576			649			692			687			671			697			2,493			2,699			2,678
Home equity lines of credit		328			343			332			336			349			363			373			370			345			1,339			1,455			1,194
Credit card and other unsecured lines of credit		103			96			86			96			81			75			69			83			72			381			308			251
Other consumer		77			78			88			94			89			90			100			99			115			337			378			493
Total loans		2,202			2,207			2,119			2,061			2,112			2,147			2,094			2,015			1,983			8,589			8,368			7,255
Securities available for sale, at cost:
Taxable		116			99			87			97			101			99			97			92			88			399			389			352
Tax-exempt		7			6			8			8			8			9			10			10			10			29			37			45
Total securities available for sale		123			105			95			105			109			108			107			102			98			428			426			397
Federal funds sold, security resale agreements, and other investments		56			48			41			52			49			43			42			36			32			197			170			111
Total earning assets	$	2,381		$	2,360		$	2,255		$	2,218		$	2,270		$	2,298		$	2,243		$	2,153		$	2,113		$	9,214		$	8,964		$	7,763
Liabilities
Interest bearing liabilities:
NOW and money market accounts	$	292		$	286		$	265		$	249		$	221		$	211		$	194		$	172		$	151		$	1,092		$	798		$	488
Savings accounts		8			8			8			8			2			3			3			3			2			32			11			10
Consumer time deposits		365			337			302			287			265			245			224			202			190			1,291			936			642
Other deposits		47			46			45			51			60			68			74			74			70			189			276			203
Foreign deposits		80			107			108			91			115			112			86			86			80			386			399			261
Federal funds borrowed		22			27			33			16			50			44			22			31			47			98			147			134
Security repurchase agreements		42			46			45			41			40			38			32			28			26			174			138			76
Borrowed funds		23			34			36			16			25			23			32			23			28			109			103			68
Long-term debt		393			367			317			341			359			404			409			350			327			1,418			1,522			1,154
Total interest bearing liabilities	$	1,272		$	1,258		$	1,159		$	1,100		$	1,137		$	1,148		$	1,076		$	969		$	921		$	4,789		$	4,330		$	3,036
Tax-Equivalent Net Interest Income	$	1,109		$	1,102		$	1,096		$	1,118		$	1,133		$	1,150		$	1,167		$	1,184		$	1,192		$	4,425		$	4,634		$	4,727
Memo:
Interest bearing core deposits	$	665		$	631		$	575		$	544		$	488		$	459		$	421		$	377		$	343		$	2,415		$	1,745		$	1,140
Interest bearing total deposits		792			784			728			686			663			639			581			537			493			2,990			2,420			1,604
Borrowed funding and long-term debt		480			474			431			414			474			509			495			432			428			1,799			1,910			1,432
Amortization of fair value adjustments included above(2):
Loans		($20	)		($16	)		($15	)		($14	)		($7	)		($4	)		($5	)		($3	)		($4	)		($65	)		($19	)		($27	)
Deposits		3			1			1			1			—			1			1			(2	)		(5	)		6			(1	)		(43	)
Long-term debt		(3	)		(4	)		(4	)		(4	)		(5	)		(6	)		(6	)		(6	)		(7	)		(15	)		(23	)		(32	)

(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			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
RATES
Assets
Earning Assets:
Loans(1):
Commercial		7.24	%		7.63	%		7.63	%		7.70	%		7.77	%		7.82	%		7.50	%		7.13	%		6.63	%		7.54	%		7.57	%		5.84	%
Commercial leases		7.16			6.82			6.82			6.94			6.47			6.50			6.43			6.57			6.15			6.94			6.49			6.35
Commercial construction		7.22			7.74			7.86			7.47			7.88			8.00			7.78			7.43			7.07			7.56			7.79			6.38
Commercial real estate		6.85			7.15			7.19			7.31			7.44			7.31			7.13			7.02			6.80			7.12			7.23			6.36
Residential real estate		6.99			7.13			7.32			7.17			7.34			7.35			7.17			6.95			6.78			7.15			7.20			6.45
Home equity lines of credit		7.13			7.74			7.86			7.87			7.87			7.82			7.26			6.94			6.33			7.64			7.45			5.65
Credit card and other unsecured lines of credit		11.18			11.34			11.13			11.47			11.12			11.24			10.95			11.44			10.48			11.28			11.19			9.93
Other consumer		6.77			7.18			6.64			6.91			6.56			6.70			6.68			6.66			6.34			6.86			6.65			6.31
Total loans		7.20			7.50			7.56			7.55			7.61			7.61			7.32			7.10			6.72			7.45			7.41			6.23
Securities available for sale, at cost:
Taxable		5.50			5.29			5.16			5.39			5.53			5.37			5.37			5.12			4.96			5.34			5.35			4.93
Tax-exempt		6.64			6.78			7.77			7.03			7.03			6.98			7.07			7.20			7.19			7.07			7.07			7.27
Total securities available for sale		5.55			5.37			5.31			5.48			5.62			5.48			5.49			5.27			5.14			5.43			5.47			5.12
Federal funds sold, security resale agreements, and other investments		6.32			5.70			5.75			5.41			6.20			6.00			6.05			5.92			5.40			5.79			6.05			5.28
Total earning assets		7.07			7.33			7.38			7.36			7.44			7.43			7.18			6.96			6.60			7.28			7.26			6.15
Liabilities
Interest bearing liabilities:
NOW and money market accounts		3.08			3.23			3.16			3.09			2.97			2.89			2.70			2.46			2.13			3.14			2.76			1.71
Savings accounts		1.12			1.26			1.36			1.34			.65			.64			.57			.49			.49			1.26			.59			.44
Consumer time deposits		4.89			4.91			4.83			4.76			4.65			4.43			4.19			3.95			3.75			4.85			4.31			3.44
Other deposits		5.12			5.36			5.26			5.31			5.30			5.19			5.02			4.62			4.01			5.26			5.00			3.33
Foreign deposits		4.27			4.92			5.01			4.84			4.86			5.00			4.61			4.12			3.58			4.77			4.66			2.97
Federal funds borrowed		4.84			5.24			5.31			5.32			5.31			5.33			5.02			4.49			4.03			5.18			5.08			3.34
Security repurchase agreements		3.82			4.37			4.38			4.35			4.33			4.25			3.83			3.36			2.90			4.22			3.96			2.28
Borrowed funds		4.47			5.15			5.04			5.30			5.14			4.82			4.62			4.19			3.86			4.97			4.67			3.01
Long-term debt		5.55			5.57			5.51			5.47			5.52			5.45			4.95			4.46			4.08			5.52			5.07			3.52
Total interest bearing liabilities		4.29			4.46			4.40			4.35			4.39			4.34			4.04			3.69			3.35			4.37			4.11			2.84
Net Interest Spread		2.78			2.87			2.98			3.01			3.05			3.09			3.14			3.27			3.25			2.91			3.15			3.31
Contribution of noninterest bearing sources of funds		.52			.56			.61			.68			.68			.64			.59			.54			.49			.58			.60			.43
Net Interest Margin		3.30	%		3.43	%		3.59	%		3.69	%		3.73	%		3.73	%		3.73	%		3.81	%		3.74	%		3.49	%		3.75	%		3.74	%
Memo:
Interest bearing core deposits		3.76	%		3.86	%		3.77	%		3.71	%		3.60	%		3.45	%		3.23	%		2.98	%		2.70	%		3.78	%		3.32	%		2.30	%
Interest bearing total deposits		3.87			4.05			3.99			3.92			3.88			3.79			3.55			3.29			2.96			3.95			3.63			2.49
Borrowed funding and long-term debt		5.24			5.38			5.31			5.32			5.36			5.30			4.84			4.36			3.96			5.31			4.95			3.38

⁽¹⁾ Includes loans held for sale or securitization

13

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
Per common share:
Basic net (loss) income(1)		($.53	)		($.03	)	$	.60		$	.50		$	1.37		$	.87		$	.77		$	.75		$	.65		$	.51		$	3.77		$	3.13
Diluted net (loss) income(1)		(0.53	)		(.03	)		.60			.50			1.36			.86			.77			.74			.64			.51			3.72			3.09
Trailing four quarters basic net income		.54			2.44			3.34			3.51			3.76			3.04			2.92			3.13			3.13
Trailing four quarters diluted net income		.54			2.43			3.32			3.49			3.73			3.01			2.89			3.09			3.09
Dividends declared		.41			.41			.39			.39			.39			.39			.37			.37			.37			1.60			1.52			1.44
Dividends paid		.41			.41			.39			.39			.39			.39			.37			.37			.37			1.60			1.52			1.44
Dividend payout ratio(2)		—			—			65.00	%		78.00	%		28.68	%		45.35	%		48.05	%		50.00	%		57.81	%		313.73	%		40.86	%		46.60	%
Dividend yield (annualized) (3)		9.96			6.54			4.68			4.19			4.27			4.26			4.09			4.24			4.41
P/E ratio(4)		30.48 x			10.33 x			10.04 x			10.67 x			9.80 x			12.16 x			12.52 x			11.29 x			10.86 x
Common dividends declared	$	262.0		$	235.0		$	232.0		$	254.2		$	236.4		$	238.0		$	227.5		$	229.8		$	232.6		$	983.2		$	931.7		$	922.4
Preferred dividends declared		.5			.5			.4			.4			.4			.4			.4			.4			.4			1.8			1.6			1.6
Common dividends paid		262.0			235.0			232.0			254.2			236.4			238.0			227.5			229.8			232.6			983.2			931.7			922.4
Preferred dividends paid		.5			.5			.4			.4			.4			.4			.4			.4			.4			1.8			1.6			1.6
Shares outstanding (5):
Average basic		633,165			588,134			572,730			631,711			611,908			603,849			609,657			611,911			618,227			606,389			609,316			633,432
Average diluted		633,165			588,134			580,386			640,534			620,745			612,064			618,230			619,697			625,359			612,237			617,672			641,601
Ending common		633,946			633,345			566,285			595,485			632,382			601,875			605,054			609,991			615,048
Common stock price:
High	$	27.21		$	34.30		$	38.32		$	38.94		$	37.47		$	37.42		$	38.04		$	36.25		$	35.04		$	38.94		$	38.04		$	37.85
Low		15.76			24.88			33.08			34.82			35.29			34.50			34.38			33.26			29.75			15.76			33.26			29.75
Close		16.46			25.09			33.32			37.25			36.56			36.60			36.19			34.90			33.57
Book value per common share	$	21.15		$	21.86		$	21.45		$	22.12		$	23.06		$	21.44		$	20.84		$	20.69		$	20.51
Tangible book value per common share		12.03			12.38			13.02			14.05			16.73			15.63			15.04			15.02			14.85
Other comprehensive income per share		.14			(.09	)		(.27	)		(.09	)		(.11	)		(.02	)		(.20	)		(.08	)		.02
Market to book value		77.8	%		114.8	%		155.3	%		168.4	%		158.5	%		170.7	%		173.7	%		168.7	%		163.7	%
Market capitalization of common stock	$	10,435		$	15,891		$	18,869		$	22,182		$	23,120		$	22,029		$	21,897		$	21,289		$	20,647

(1)	The sum of the quarterly earnings per share may not equal the year-to-date earnings per share due to rounding
(2)	Dividend declared divided by diluted net income per common share
(3)	Dividend declared (annualized) divided by quarter-end stock price
(4)	Quarter-end stock price divided by trailing-four-quarters diluted net income per common share
(5)	In thousands

INTEREST RATE RISK MEASURES

	2007												2006												2005
	4th Qtr(1)			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr
MARKET VALUE OF EQUITY(MVE)(2)
Duration of Equity(DOE)(3):
Current Yield Curve		+1.7	%		+1.9	%		+1.2	%		+1.2	%		+0.8	%		+1.0	%		+1.4	%		+1.3	%		+0.7	%
+150 basis points Shock vs. Current Yield Curve(4)		+2.6	%		+3.0	%		+2.2	%		+2.3	%		+1.2	%		+1.6	%		+2.2	%		+2.0	%		+1.6	%
-150 basis points Shock vs. Current Yield Curve(5)		+1.3	%		+1.1	%		+1.0	%		+0.8	%		+0.6	%		+0.2	%		+0.0	%		+0.0	%		-0.6	%

(1)	Based on positions at November 30, 2007 and market values at December 13, 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 +4.0%.
(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			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
LONG-TERM DEBT, TRUST PREFERREDS, AND BORROWED FUNDS
Long-Term Debt and Trust Preferreds:
Holding company debt:
Senior notes	$	1,789		$	1,774		$	1,833		$	1,847		$	1,242		$	1,240		$	1,210		$	1,227		$	1,241
Subordinated debt		1,079			1,055			1,030			1,063			1,067			1,070			1,020			1,056			1,089
Junior subordinated debentures owed to unconsolidated subsidiary trusts (Trust Preferreds)		1,900			1,881			1,273			850			949			342			344			343			474
Total holding company debt		4,768			4,710			4,136			3,760			3,258			2,652			2,574			2,626			2,804
Subsidiary debt:
Subordinated debt		3,451			3,423			3,369			2,482			2,477			1,986			1,917			1,964			2,011
Senior bank notes		13,061			14,232			13,615			15,977			18,580			20,126			25,275			25,206			22,088
FHLB advances		6,256			5,900			1,996			2,048			1,999			1,887			2,721			3,812			3,920
Repurchase agreements		321			320			—			—			—			—			—			—			—
Secured debt financings		26			47			63			43			31			27			25			29			131
Other		9			8			9			9			11			12			13			12			16
Total subsidiary debt		23,124			23,930			19,052			20,559			23,098			24,038			29,951			31,023			28,166
Total Long-Term Debt and Trust Preferreds	$	27,892		$	28,640		$	23,188		$	24,319		$	26,356		$	26,690		$	32,525		$	33,649		$	30,970
Borrowed Funds:
U.S. Treasury demand notes	$	500		$	340		$	258		$	54		$	434		$	2,430		$	1,325		$	76		$	1,754
Short-term senior bank notes		—			86			—			—			—			60			46			98			137
Short-term FHLB advances		—			514			1,000			1			—			—			—			—			150
Commercial paper and other		1,555			1,566			1,412			1,803			1,215			1,467			1,780			2,287			1,477
Total Borrowed Funds	$	2,055		$	2,506		$	2,670		$	1,858		$	1,649		$	3,957		$	3,151		$	2,461		$	3,518
STOCKHOLDERS’ EQUITY
Total stockholders’ equity	$	13,408		$	13,843		$	12,147		$	13,170		$	14,581		$	12,902		$	12,610		$	12,623		$	12,613
Accumulated Other Comprehensive Income, Net of Tax:
SFAS 115 unrealized gain (loss), net	$	15			($11	)		($73	)		—		$	4			($9	)		($124	)		($57	)		($4	)
SFAS 133 unrealized gain (loss), net		70			28			(8	)	$	15			(4	)		(2	)		—			8			16
SFAS 158 unrecognized gain (loss), net		7			(71	)		(72	)		(71	)		(71	)		—			—			—			—
Total Accumulated Other Comprehensive Income, Net of Tax	$	92			($54	)		($153	)		($56	)		($71	)		($11	)		($124	)		($49	)	$	12
RISK-BASED CAPITAL(1)
Tier 1 capital	$	9,367		$	9,672		$	8,721		$	9,196		$	11,535		$	9,603		$	9,392		$	9,396		$	9,517
Total risk-based capital		14,730			14,802			13,667			13,164			15,705			13,215			13,103			13,121			13,500
Risk-weighted assets		143,622			142,684			132,957			129,978			129,190			128,297			128,512			127,273			128,108
Tier 1 capital ratio		6.52	%		6.78	%		6.56	%		7.08	%		8.93	%		7.48	%		7.31	%		7.38	%		7.43	%
Total risk-based capital ratio		10.26			10.37			10.28			10.13			12.16			10.30			10.20			10.31			10.54
Leverage ratio		6.39			6.96			6.53			6.92			8.56			7.13			6.89			6.92			6.83
COMMON STOCK ROLLFORWARD
Beginning balance		633.3			566.3			595.5			632.4			601.9			605.1			610.0			615.0			628.9			632.4			615.0			646.7
Shares issued under stock award plans		.8			1.8			.8			5.8			2.0			1.4			3.6			3.1			1.0			9.2			10.1			6.9
Shares issued for acquisitions		—			66.6			—			13.7			29.5			—			—			—			—			80.3			29.5			—
Shares issued for PRIDES conversions		—			—			—			—			—			—			—			—			—			—			—			6.4
Shares repurchased under repurchase authorizations(2)		(.1	)		(1.0	)		(29.9	)		(55.2	)		(.6	)		(4.3	)		(7.7	)		(7.5	)		(14.7	)		(86.2	)		(20.1	)		(43.5	)
Shares exchanged for stock award plans		(.1	)		(.4	)		(.1	)		(1.2	)		(.4	)		(.3	)		(.8	)		(.6	)		(.2	)		(1.8	)		(2.1	)		(1.6	)
Other		—			—			—			—			—			—			—			—			—			—			—			.1
Ending Balance		633.9			633.3			566.3			595.5			632.4			601.9			605.1			610.0			615.0			633.9			632.4			615.0
COMMON STOCK REPURCHASE ACTIVITY
Number of common shares repurchased(2)		.1			1.0			29.9			55.2			.6			4.3			7.7			7.5			14.7			86.2			20.1			43.5
Average price per share of repurchased common shares	$	26.22		$	25.77		$	36.47		$	38.30		$	37.02		$	36.27		$	36.12		$	34.10		$	32.69		$	37.50		$	35.43		$	34.31
Total cost	$	2.6		$	25.8		$	1,089.4		$	2,113.7		$	22.7		$	155.8		$	279.3		$	256.1		$	479.9		$	3,231.5		$	713.9		$	1,491.7
Common shares remaining under authorization(3)		37.6			37.7			38.7			28.6			43.5			14.1			18.4			26.1			33.6
SELECTED RATIOS AND OTHER
Long-term debt and trust preferreds to equity		193.86	%		206.89	%		190.90	%		184.65	%		180.75	%		206.87	%		257.94	%		266.57	%		245.54	%
Long-term debt and trust preferreds to total capitalization		65.97			67.42			65.62			64.87			64.38			67.41			72.06			72.72			71.06
Equity to assets		8.92			8.98			8.64			9.51			10.40			9.34			8.91			9.00			8.86
Tangible common equity to assets(4)		5.28			5.29			5.43			6.26			7.77			6.99			6.60			6.70			6.57

(1)	Fourth 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			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr		2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
Loan sale revenue		($149	)		($74	)	$	110		$	75		$	122		$	215	$	285		$	144		$	193			($38	)	$	766		$	808
Loan servicing revenue		115			159			96			32			52			104		(21	)		(44	)		32			402			91			399
Deposit service charges		249			229			223			204			212			214		203			189			201			905			818			740
Insurance revenue		35			29			35			34			31			33		33			32			32			133			129			103
Trust and investment management fees		81			79			84			74			74			74		80			73			72			318			301			296
Card-related fees		33			31			29			32			28			27		25			29			27			125			109			105
Other service fees		41			34			33			35			36			34		36			33			32			143			139			129
Brokerage revenue		54			41			54			40			59			35		30			34			41			189			158			159
Leasing revenue		36			41			46			55			53			54		61			60			58			178			228			267
Derivative gains (losses), net(1)		35			(5	)		(7	)		(23	)		(13	)		23		(11	)		(6	)		20			—			(7	)		64
Principal investment gains (losses), net		42			24			20			10			30			30		24			34			24			96			118			57
Gain on divestitures		16			—			—			—			984			—		—			—			—			16			984			16
Securities (losses) gains, net		(4	)		—			(1	)		27			(13	)		—		1			12			9			22			—			27
All other		13			36			42			26			47			34		38			66			36			117			185			134
Total Noninterest Income	$	597		$	624		$	764		$	621		$	1,702		$	877	$	784		$	656		$	777		$	2,606		$	4,019		$	3,304
Memo:
Operating lease intangible amortization (2)		—			—			—			—			—			—		($1	)		($2	)		($4	)		—			($3	)		($24	)

(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		For the Year
	4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr			3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		2007		2006		2005
Salaries, benefits, and other personnel	$	663	$	642	$	642	$	633	$	678		$	649	$	636	$	641	$	660	$	2,580	$	2,604	$	2,560
Equipment		91		76		85		83		94			74		79		79		80		335		326		303
Net occupancy		84		77		76		78		78			73		74		73		101		315		298		316
Third-party services		101		81		89		86		95			87		91		79		96		357		352		332
Insurance expense		22		19		23		25		27			28		30		27		25		89		112		60
Telecommunications		15		18		19		18		19			18		20		18		20		70		75		82
Marketing and public relations		38		41		45		33		46			36		38		28		66		157		148		165
Leasing expense		24		28		33		34		42			38		42		43		45		119		165		179
Postage		20		19		19		22		18			21		19		22		18		80		80		83
Travel and entertainment		20		18		21		18		21			18		20		18		22		77		77		85
Supplies		18		15		14		19		14			16		15		15		14		66		60		60
State and local taxes		15		19		23		20		(9	)		20		23		17		8		77		51		74
Intangible asset amortization		25		20		19		17		13			13		10		11		11		81		47		52
Impairment, fraud, and other losses, net		337		257		14		6		1			25		11		14		48		614		51		91
All other		94		66		64		64		71			71		64		59		49		288		265		293
Total Noninterest Expense	$	1,567	$	1,396	$	1,186	$	1,156	$	1,208		$	1,187	$	1,172	$	1,144	$	1,263	$	5,305	$	4,711	$	4,735
Memo:
Acquisition integration costs	$	19	$	13	$	20	$	16	$	7		$	3	$	2		—	$	5	$	68	$	12	$	45

16

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

	2007								2006								2005		For the Year
	4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		2007		2006		2005
Personal Accounts:
DDA and NOW deposit fees	$	8	$	7	$	8	$	8	$	9	$	8	$	9	$	8	$	9	$	31	$	34	$	36
Savings and time deposit fees		3		3		3		3		2		3		3		3		3		12		11		12
Overdraft and NSF fees		121		111		108		93		99		103		94		81		89		433		377		316
Debit card interchange fees		39		36		34		32		31		31		29		30		29		141		121		108
Total personal account fees		171		157		153		136		141		145		135		122		130		617		543		472
Business accounts:
Deposit fees		5		5		5		5		6		5		6		5		5		20		22		27
Overdraft and NSF fees		14		15		14		13		12		14		13		12		12		56		51		43
Debit card interchange fees		5		6		5		4		4		4		5		3		4		20		16		13
Cash management fees		44		42		42		41		40		42		40		41		39		169		163		160
Total Business account fees		68		68		66		63		62		65		64		61		60		265		252		243
Other deposit service charges		10		4		4		5		9		4		4		6		11		23		23		25
Total Deposit Service Charges	$	249	$	229	$	223	$	204	$	212	$	214	$	203	$	189	$	201	$	905	$	818	$	740

CARD-RELATED FEES
($ in millions)

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
Credit card:
Credit limit exceed and stop payment fees	$	3		$	4		$	3		$	3		$	3		$	3		$	3		$	3		$	2		$	13		$	12		$	11
Cash advance fees		2			3			3			2			3			2			1			2			1			10			8			4
Interchange fees		29			24			23			23			21			19			19			20			20			99			79			66
Reward programs and incentives		(13	)		(12	)		(12	)		(10	)		(11	)		(11	)		(10	)		(9	)		(10	)		(47	)		(41	)		(33	)
Debt cancellation and other fees		(2	)		(2	)		(2	)		(1	)		(2	)		(2	)		(2	)		(1	)		(3	)		(7	)		(7	)		(2	)
Total credit card fees		19			17			15			17			14			11			11			15			10			68			51			46
Other:
Personal and business lines of credit fees		1			1			—			1			1			1			1			1			1			3			4			4
Home equity lines of credit		2			2			3			2			3			3			3			3			5			9			12			12
ATM fees		11			11			11			12			10			12			10			10			11			45			42			43
Total other card-related fees		14			14			14			15			14			16			14			14			17			57			58			59
Total Card-Related Fees	$	33		$	31		$	29		$	32		$	28		$	27		$	25		$	29		$	27		$	125		$	109		$	105

17

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
Salaries and wages	$	364		$	366		$	354		$	350		$	363		$	355		$	354		$	352		$	354		$	1,434		$	1,424		$	1,422
Incentive compensation		182			165			190			159			218			218			204			171			201			696			811			809
Deferred personnel costs		(63	)		(76	)		(88	)		(75	)		(104	)		(105	)		(104	)		(90	)		(121	)		(302	)		(403	)		(457	)
Stock-based compensation		16			15			22			23			19			16			17			16			15			76			68			57
Payroll taxes		30			35			36			49			34			35			39			53			31			150			161			156
Contract labor		49			41			35			32			56			38			43			35			67			157			172			199
Medical and other benefits		18			40			38			41			33			38			42			41			30			137			154			144
Retirement plans		16			31			32			37			23			26			26			35			24			116			110			113
Market valuation adjustments on deferred compensation liabilities		(14	)		(3	)		12			4			18			10			(1	)		15			6			(1	)		42			16
Severance and other		65			28			11			13			18			18			16			13			53			117			65			101
Total Salaries, Benefits, and Other Personnel Expense	$	663		$	642		$	642		$	633		$	678		$	649		$	636		$	641		$	660		$	2,580		$	2,604		$	2,560

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

	2007								2006								2005
	4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr
Line of business staff:
Retail Banking		14,963		15,043		13,640		13,416		12,843		12,389		12,407		12,142		11,998
Commercial Banking - - Regional		1,387		1,416		1,343		1,361		1,292		1,305		1,312		1,343		1,388
Commercial Banking - - National		1,096		1,126		1,109		1,115		1,103		1,094		1,060		1,060		1,057
Mortgage Banking		5,859		7,210		7,599		7,371		7,289		7,241		7,523		7,755		8,172
Asset Management		1,533		1,568		1,528		1,532		1,513		1,489		1,521		1,523		1,509
Corporate support staff(2) (3)		7,226		7,661		7,226		7,516		7,230		10,103		10,128		10,025		10,146
Total Employees		32,064		34,024		32,445		32,311		31,270		33,621		33,951		33,848		34,270

(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.

MORTGAGE BANKING
FULL-TIME EQUIVALENT EMPLOYEES⁽¹⁾

	2007								2006								2005
	4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr
National City Mortgage(NCM):
Loan origination - commission		2,370		2,674		2,675		2,646		2,548		2,566		2,590		2,577		2,565
Loan origination - non-commission		1,992		2,677		2,785		2,600		2,542		2,444		2,605		2,664		2,903
Total loan origination		4,362		5,351		5,460		5,246		5,090		5,010		5,195		5,241		5,468
Loan servicing		871		645		686		708		738		752		785		812		842
Indirect production		386		730		791		792		810		815		830		880		998
Corporate overhead and other		238		279		210		208		247		256		274		368		361
Total NCM FTEs		5,857		7,005		7,147		6,954		6,885		6,833		7,084		7,301		7,669
National Home Equity FTEs		2		205		452		417		404		408		439		454		503
Total Mortgage Banking FTEs		5,859		7,210		7,599		7,371		7,289		7,241		7,523		7,755		8,172

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

18

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
LOAN LOSS ALLOWANCE
Beginning loan loss allowance	$	1,373		$	1,136		$	1,104		$	1,131		$	932		$	989		$	1,001		$	1,094		$	1,108		$	1,131		$	1,094		$	1,188
Provision for loan losses		691			368			145			122			325			70			62			32			136			1,326			489			300
Charge-offs:
Commercial		43			17			14			12			37			31			11			14			38			86			93			104
Commercial leases		12			8			16			22			3			6			17			31			21			58			57			56
Commercial construction		18			10			5			5			13			2			3			—			1			38			18			6
Commercial real estate		19			7			3			3			6			2			5			7			8			32			20			32
Residential real estate		122			71			55			68			47			81			46			46			36			316			220			132
Home equity lines of credit		44			34			20			23			23			20			15			21			17			121			79			42
Credit card and other unsecured lines of credit		36			29			28			35			26			20			20			28			39			128			94			130
Other consumer		25			13			13			14			15			12			11			26			30			65			64			100
Total charge-offs		319			189			154			182			170			174			128			173			190			844			645			602
Recoveries:
Commercial		7			6			5			5			9			8			7			12			17			23			36			75
Commercial leases		4			3			6			6			4			7			3			4			3			19			18			22
Commercial construction		—			—			—			—			1			—			—			—			3			—			1			4
Commercial real estate		1			4			4			1			3			2			1			2			3			10			8			10
Residential real estate		14			20			22			5			13			23			19			12			13			61			67			54
Home equity lines of credit		7			7			8			6			4			5			5			4			2			28			18			8
Credit card and other unsecured lines of credit		4			3			4			5			3			3			4			6			3			16			16			12
Other consumer		7			5			7			7			5			9			13			12			8			26			39			37
Total recoveries		44			48			56			35			42			57			52			52			52			183			203			222
Net charge-offs		275			141			98			147			128			117			76			121			138			661			442			380
Other(1)		(27	)		10			(15	)		(2	)		2			(10	)		2			(4	)		(12	)		(34	)		(10	)		(14	)
Ending loan loss allowance	$	1,762		$	1,373		$	1,136		$	1,104		$	1,131		$	932		$	989		$	1,001		$	1,094		$	1,762		$	1,131		$	1,094
Memo:
Net charge-offs on:
Securitized credit cards	$	15		$	15		$	14		$	11		$	13		$	15		$	14		$	7		$	24		$	55		$	49		$	76
Managed credit cards		34			29			26			31			27			24			24			20			48			120			95			156
Securitized automobile loans		3			3			2			4			5			4			3			4			3			12			16			12
Managed automobile loans(2)		3			3			2			3			4			4			1			8			13			11			17			42
NET CHARGE-OFFS AS A % OF AVERAGE PORTFOLIO LOANS (annualized)
Commercial		.47	%		.17	%		.12	%		.11	%		.40	%		.37	%		.08	%		.02	%		.34	%		.22	%		.22	%		.12	%
Commercial leases		.73			.49			.94			1.63			.03			(.18	)		1.62			3.16			2.05			.93			1.12			1.07
Commercial construction		.80			.50			.25			.28			.72			.10			.26			(.05	)		(.14	)		.47			.26			.05
Commercial real estate		.49			.08			(.06	)		.07			.15			(.02	)		.12			.17			.13			.16			.11			.18
Residential real estate		1.45			.76			.55			1.08			.61			.90			.34			.43			.30			.98			.57			.25
Home equity lines of credit		.81			.67			.36			.48			.50			.38			.22			.35			.28			.60			.36			.16
Credit card and other unsecured lines of credit		3.52			3.06			3.14			3.99			3.21			2.57			2.62			3.45			5.86			3.42			2.96			4.96
Other consumer		1.68			.67			.48			.50			.73			.26			(.15	)		.93			1.33			.81			.44			.83
Total Net Charge-offs		.96	%		.54	%		.39	%		.61	%		.54	%		.48	%		.30	%		.46	%		.52	%		.64	%		.44	%		.36	%
Memo:
Securitized credit cards		4.21	%		3.94	%		4.01	%		4.06	%		3.96	%		4.04	%		3.89	%		2.66	%		7.57	%		4.06	%		3.71	%		5.81	%
Managed credit cards		4.45	%		3.91	%		3.93	%		4.81	%		4.32	%		4.04	%		4.02	%		3.45	%		7.95	%		4.27	%		3.96	%		6.54	%
Securitized automobile loans		1.82	%		1.05	%		.90	%		1.10	%		1.11	%		.96	%		.64	%		.59	%		.98	%		1.17	%		.79	%		1.40	%
Managed automobile loans(2)		1.40	%		.91	%		.72	%		.93	%		1.04	%		.73	%		.05	%		1.25	%		1.65	%		.96	%		.77	%		1.26	%
LENDING-RELATED COMMITMENTS ALLOWANCE(3)
Beginning lending-related commitment allowance	$	54		$	61		$	63		$	78		$	80		$	77		$	79		$	84		$	88		$	78		$	84		$	100
Net provision for losses on lending-related commitments(4)		11			(7	)		(2	)		(15	)		(2	)		3			(2	)		(5	)		(4	)		(13	)		(6	)		(16	)
Ending lending-related commitment allowance	$	65		$	54		$	61		$	63		$	78		$	80		$	77		$	79		$	84		$	65		$	78		$	84

(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.
(4)	Included in impairment, fraud and other losses on the consolidated income statement.

19

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

	2007												2006												2005
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr
NONPERFORMING ASSETS
Commercial	$	149		$	142		$	117		$	107		$	92		$	107		$	142		$	105		$	96
Commercial leases		6			10			8			13			32			35			36			60			85
Commercial construction		301			234			108			119			109			72			45			35			29
Commercial real estate		189			181			138			118			111			97			108			117			114
Residential real estate:
National City Mortgage and other		307			193			116			111			91			97			98			104			114
First Franklin(1)		119			86			75			68			65			62			60			62			52
Total real estate — residential		426			279			191			179			156			159			158			166			166
Home equity lines of credit		19			15			—			—			—			—			—			—			—
Total nonperforming portfolio loans		1,090			861			562			536			500			470			489			483			490
Other real estate owned (OREO):
Commercial		15			4			3			—			1			—			2			2			5
Residential real estate:
National City Mortgage and other		99			72			58			54			49			31			29			27			27
GNMA insured(2)		58			58			56			67			60			60			50			51			—
First Franklin(1)		242			179			157			136			116			104			84			69			58
Total real estate — residential		399			309			271			257			225			195			163			147			85
Other		10			11			10			6			3			2			2			2			7
Total OREO		424			324			284			263			229			197			167			151			97
Mortgage loans held for sale and other		9			26			2			2			3			22			11			13			9
Total Nonperforming Assets	$	1,523		$	1,211		$	848		$	801		$	732		$	689		$	667		$	647		$	596
PERCENTAGE OF NONPERFORMING ASSETS BY CATEGORY
Commercial		10	%		12	%		13	%		13	%		14	%		16	%		21	%		17	%		16	%
Commercial leases		—			1			1			2			4			5			5			9			14
Commercial construction		20			19			13			15			15			10			7			5			5
Commercial real estate		12			15			16			15			15			14			16			18			19
Residential real estate:
National City Mortgage and other		20			16			14			13			12			14			15			16			19
First Franklin(1)		8			7			9			9			9			9			9			10			9
Total real estate — residential		28			23			23			22			21			23			24			26			28
Home equity lines of credit		1			1			—			—			—			—			—			—			—
Total nonperforming portfolio loans		71			71			66			67			69			68			73			75			82
Other real estate owned (OREO):
Commercial		—			—			1			—			—			—			—			—			1
Residential real estate:
National City Mortgage and other		7			6			7			7			7			4			4			4			4
GNMA insured(2)		4			5			6			8			8			9			8			8			—
First Franklin(1)		16			15			19			17			16			15			12			11			10
Total real estate — residential		27			26			32			32			31			28			24			23			14
Other		1			1			1			1			—			1			1			—			1
Total OREO		28			27			34			33			31			29			25			23			16
Mortgage loans held for sale and other		1			2			—			—			—			3			2			2			2
Total Nonperforming Assets		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%		100	%
RATIOS
Nonperforming assets to period-end portfolio loans and other nonperforming assets		1.31	%		1.08	%		.85	%		.80	%		.76	%		.74	%		.66	%		.63	%		.56	%
Nonperforming assets to period-end total assets		1.01			.79			.60			.58			.52			.50			.47			.46			.42
Loan loss allowance to nonperforming portfolio loans		161.55			159.42			202.16			206.08			226.13			198.25			202.14			207.14			223.11
Loan loss allowance to period-end portfolio loans		1.52			1.23			1.14			1.11			1.18			1.00			.98			.98			1.03
Loan loss allowance (period-end) to annualized net charge-offs		161.24			245.43			291.06			184.68			223.38			200.10			326.17			204.29			199.42

(1)	Represents nonconforming mortgages originated under the former First Franklin and/or Altegra/Loan Zone business units. These portfolios are in run-off.
(2)	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

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

	2007												2006												2005
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr
CHANGES IN NONPERFORMING PORTFOLIO LOANS
Beginning nonperforming portfolio loans	$	861		$	562		$	536		$	500		$	470		$	489		$	483		$	490
Additions:
Obtained with acquisitions		—			46			—			38			5			—			—			—
Newly classified nonperformers		524			407			191			164			225			159			153			157
Total additions		524			453			191			202			230			159			153			157
Subtractions:
Return to performing status		(23	)		(7	)		(6	)		(14	)		(2	)		(7	)		(8	)		(3	)
Net charge-offs		(80	)		(22	)		(16	)		(31	)		(38	)		(24	)		(34	)		(31	)
Payoffs/paydowns		(127	)		(74	)		(82	)		(84	)		(105	)		(97	)		(56	)		(83	)
Transferred to loans held for sale		(2	)		(9	)		(24	)		(8	)		(1	)		(6	)		(9	)		(5	)
Transferred to OREO		(64	)		(43	)		(38	)		(28	)		(54	)		(45	)		(40	)		(42	)
Total subtractions		(296	)		(155	)		(166	)		(165	)		(200	)		(179	)		(147	)		(164	)
Other		1			1			1			(1	)		—			1			—			—
Ending nonperforming portfolio loans	$	1,090		$	861		$	562		$	536		$	500		$	470		$	489		$	483
CHANGES IN OREO
Beginning OREO balance	$	324		$	284		$	263		$	229		$	197		$	167		$	151		$	97		$	92
Additions:
Transfers from loan portfolios		255			181			179			135			158			172			129			111			52
Obtained with acquisitions		—			9			—			—			—			—			—			—			—
Transfers from property and equipment		—			1			3			3			2			1			—			—			—
Total additions		255			191			182			138			160			173			129			111			52
Subtractions:
Transfers to loan portfolios		—			—			—			—			(1	)		(23	)		(63	)		(1	)		(1	)
Sales of OREO (cost basis)		(142	)		(142	)		(159	)		(97	)		(120	)		(115	)		(46	)		(46	)		(43	)
Writedowns		(13	)		(9	)		(8	)		(8	)		(6	)		(5	)		(4	)		(5	)		—
Total subtractions		(155	)		(151	)		(167	)		(105	)		(127	)		(143	)		(113	)		(52	)		(44	)
Other		—			—			6			1			(1	)		—			—			(5	)		(3	)
Ending OREO balance	$	424		$	324		$	284		$	263		$	229		$	197		$	167		$	151		$	97
LOANS 90+ DAYS PAST DUE ACCRUING INTEREST(1)
Commercial	$	38		$	42		$	45		$	46		$	31		$	70		$	26		$	34		$	35
Commercial leases		—			—			—			—			—			3			25			1			1
Commercial construction		87			66			66			30			13			29			1			5			12
Commercial real estate		51			57			38			31			18			16			17			5			9
Residential real estate:
National City Mortgage and other		748			418			249			170			137			118			108			107			111
First Franklin(2)		808			734			619			644			567			501			407			365			392
Total real estate — residential		1,556			1,152			868			814			704			619			515			472			503
Home equity lines of credit		102			55			27			47			37			24			21			20			23
Credit card and other unsecured lines of credit		46			34			28			35			35			24			21			20			20
Other consumer		17			11			9			10			11			11			8			8			17
Mortgage loans held for sale and other		16			43			28			19			89			53			40			29			16
Total Loans 90+ Days Past Due	$	1,913		$	1,460		$	1,109		$	1,032		$	938		$	849		$	674		$	594		$	636
Total Loans 30-89 Days Past Due	$	2,740		$	2,750		$	2,159		$	2,245		$	2,127		$	2,176		$	1,902		$	1,608		$	1,974

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

21

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

	Amount		As a Percentage of Total
Description	Outstanding		Nonperforming Assets
Residential Land Development & Single Family Home Construction	$	27		1.8	%
Residential Land Development & Condominium Construction		19		1.2	%
Residential Land Development & Single Family Home Construction		15		1.0	%
Nonresidential Office Buildings		14		0.9	%
Multi-Family Real Estate		14		0.9	%
Multi-Tenant Commercial Buildings		13		0.9	%
Residential Land Development & Condominium Construction		13		0.9	%
Residential Land Development & Condominium Construction		13		0.9	%
Residential Land Development & Single Family Home Construction		12		0.8	%
Residential Land Development, Single Family Home Construction & Nonresidential Office Buildings		12		0.8	%
	$	152		10.1	%
Total nonperforming assets	$	1,523		100.0	%
Nonperforming assets as a percentage of period-end portfolio loans and other nonperforming assets				1.31	%

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

			Percent to			Average Loan		Largest Loan
Major Industry(1)	Balance		Total			Balance Per Obligor		to a Single Obligor
Real estate	$	19,553		33	%	$	1.1	$	67
Consumer cyclical		9,604		16	%		1.1		96
Industrial		7,574		13	%		1.5		171
Consumer noncyclical		6,511		11	%		.6		46
Basic materials		4,108		7	%		1.8		67
Financial		4,154		7	%		2.3		150
Services		2,138		3	%		.5		56
Energy and utilities		1,103		2	%		1.4		35
Technology		575		1	%		3.6		45
Miscellaneous		3,966		7	%		.3		105
Total commercial, commercial leases, commercial real estate, and commercial construction	$	59,286		100	%

⁽¹⁾ Based on Standard Industrial Classification System codes

22

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

	2007								2006								2005		For the Year
	4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr		1st Qtr		4th Qtr		2007		2006		2005
Average Total Deposits(1)	$	72,986	$	67,460	$	63,977	$	62,153	$	56,507	$	56,105	$	55,905	$	54,739	$	54,187	$	66,676	$	55,820	$	53,190
DEPOSIT ACCOUNT METRICS(1)(2)
Personal Deposits:
Noninterest Bearing Checking
Average total balance	$	3,422	$	3,314	$	3,398	$	3,336	$	2,950	$	3,017	$	3,173	$	3,203	$	3,123	$	3,368	$	3,085	$	3,271
Number of accounts(3)		1,804		1,816		1,796		1,782		1,685		1,706		1,701		1,709		1,737
Interest Bearing Checking
Average total balance	$	9,338	$	8,925	$	9,018	$	8,870	$	8,109	$	8,046	$	8,187	$	8,013	$	7,929	$	9,039	$	8,089	$	7,994
Number of accounts(3)		1,149		1,165		1,175		1,183		1,127		1,101		1,054		999		969
Money Market Savings
Average total balance	$	18,628	$	16,901	$	15,817	$	15,054	$	13,882	$	13,740	$	13,762	$	13,572	$	13,299	$	16,611	$	13,740	$	13,693
Number of accounts(3)		1,407		1,293		1,154		1,019		972		937		878		824		779
Regular savings
Average total balance	$	2,633	$	2,157	$	2,027	$	2,040	$	1,556	$	1,659	$	1,792	$	1,830	$	1,895	$	2,216	$	1,708	$	2,050
Number of accounts(3)		492		517		551		575		534		556		583		607		634
Business Deposits:
Average total balance	$	10,173	$	9,684	$	9,331	$	9,100	$	8,456	$	8,309	$	8,156	$	8,020	$	8,484	$	9,575	$	8,237	$	8,081
Number of accounts(3)		450		447		441		434		405		402		396		390		387
Time Deposits:
Average total balance	$	28,626	$	26,311	$	24,207	$	23,601	$	21,438	$	21,228	$	20,736	$	20,018	$	19,393	$	25,702	$	20,860	$	18,046
Number of accounts(3)		1,068		1,128		1,123		1,110		1,055		1,059		1,042		1,017		1,005
CONSUMER LOAN PRODUCTION METRICS (# of loans)(2)(4)
Installment loan originations:
Home equity(5)(6)		3,179		5,617		6,946		5,716		6,179		7,715		6,878		8,347		5,881
Other(7)		6,557		8,496		8,363		6,021		6,077		6,341		6,010		3,589		2,923
Home equity(6) and other lines of credit		30,920		21,123		22,074		17,123		17,735		18,357		20,030		14,931		17,037
Total Consumer Loan Originations		40,656		35,236		37,383		28,860		29,991		32,413		32,918		26,867		25,841
BANK BRANCHES
Traditional		1,415		1,409		1,324		1,320		1,268		1,218		1,210		1,195		1,185
In-store		31		33		33		37		35		35		35		35		35
Total Bank Branches		1,446		1,442		1,357		1,357		1,303		1,253		1,245		1,230		1,220
ATMs		2,223		2,225		2,101		2,098		2,013		1,960		1,968		1,949		1,935
Online Banking Customers		2,207,194		2,053,894		1,872,661		1,760,334		1,680,939		1,572,084		1,462,992		1,359,249		1,276,855
SELECTED LOAN METRICS
Student loans (other consumer)(8)
End of period balances	$	584	$	490	$	233	$	915	$	702	$	646	$	314	$	1,167	$	855
Average balances		522		359		873		901		617		463		1,075		1,118		755	$	662	$	816	$	810
Principal balance of loans sold		66		80		785		83		167		161		1,013		112		199		1,014		1,453		1,327
Gain on loan sales		1		1		15		1		1		1		16		—		1		18		18		14
National City Card Services (NCCS)
Average balances:
Credit cards	$	1,561	$	1,361	$	1,172	$	1,463	$	1,080	$	897	$	845	$	1,289	$	1,095	$	1,390	$	1,027	$	1,058
Securitized credit cards(9)		1,450		1,450		1,450		1,082		1,362		1,450		1,450		1,035		1,240		1,359		1,325		1,307
Total Average Managed NCCS Credit Cards	$	3,011	$	2,811	$	2,622	$	2,545	$	2,442	$	2,347	$	2,295	$	2,324	$	2,335	$	2,749	$	2,352	$	2,365

(1)	Restated to reflect the reassignment of certain deposits with the Commercial Banking — Regional line of business.
(2)	Excludes Education Finance and National City Card Services. Additionally, home equity loans generated by the Mortgage Banking line of business are excluded from these metrics.
(3)	Represents period-end number of accounts in thousands.
(4)	Includes amounts associated with the Harbor and Fidelity acquisitions beginning second quarter 2007. Additionally, excludes amounts associated with the MAF acquisition.
(5)	Represents closed-end home equity installment loans included in real estate residential portfolio loans on the consolidated balance sheet.
(6)	See additional home equity portfolio statistics on page 31.
(7)	Represents other secured installment loans. Periods prior to 2006 also included automobile, truck, boat, and recreational vehicle loans.
(8)	Includes loans held in portfolio and loans held for sale.
(9)	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			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
ASSETS UNDER ADMINISTRATION
Managed assets:
Value at beginning of period	$	65,587		$	64,560		$	62,186		$	61,369		$	60,468		$	59,217		$	62,669		$	65,010		$	65,084		$	61,369		$	65,010		$	65,649
Acquisitions		—			—			—			99			—			—			—			—			—			99			—			—
Estimated change due to market impact		(641	)		1,425			2,293			915			1,377			2,140			(693	)		1,984			974			3,992			4,808			2,638
Other activity, net		(435	)		(398	)		81			(197	)		(476	)		(889	)		(2,759	)		(4,325	)		(1,048	)		(949	)		(8,449	)		(3,277	)
Value at end of period		64,511			65,587			64,560			62,186			61,369			60,468			59,217			62,669			65,010			64,511			61,369			65,010
Non-managed assets:
Value at beginning of period		51,277			52,886			51,729			50,823			50,910			48,261			48,018			42,750			42,151			50,823			42,750			43,128
Acquisitions		—			—			—			19			—			—			—			—			—			19			—			—
Estimated change due to market impact		(619	)		281			1,563			990			1,762			1,722			96			1,226			452			2,215			4,806			671
Other activity, net		(375	)		(1,890	)		(406	)		(103	)		(1,849	)		927			147			4,042			147			(2,774	)		3,267			(1,049	)
Value at end of period		50,283			51,277			52,886			51,729			50,823			50,910			48,261			48,018			42,750			50,283			50,823			42,750
Total assets at end of period	$	114,794		$	116,864		$	117,446		$	113,915		$	112,192		$	111,378		$	107,478		$	110,687		$	107,760		$	114,794		$	112,192		$	107,760
Proprietary mutual fund assets (included above)	$	13,354		$	13,492		$	13,339		$	13,247		$	12,672		$	11,946		$	11,848		$	12,198		$	12,213
Assets under administration represented by:
Type of investment:
Money market and other	$	31,167		$	31,364		$	31,774		$	30,769		$	30,197		$	27,640		$	27,579		$	22,500		$	23,645
Equity		57,920			60,649			60,843			59,066			57,058			54,545			55,723			59,684			59,268
Fixed income		25,707			24,851			24,829			24,080			24,937			29,193			24,176			28,503			24,847
Total	$	114,794		$	116,864		$	117,446		$	113,915		$	112,192		$	111,378		$	107,478		$	110,687		$	107,760
Type of business:
Investment management and personal trust	$	60,694		$	61,480		$	60,942		$	58,957		$	59,307		$	56,582		$	54,999		$	57,207		$	57,657
Corporate trust		17,986			17,562			18,051			17,319			15,469			16,909			18,196			14,826			11,994
Retirement plan services		16,526			17,270			17,546			17,123			17,146			17,430			14,698			18,540			18,186
Charitable and endowment		7,976			8,280			8,680			8,692			8,825			8,659			8,513			8,758			8,746
Other		11,612			12,272			12,227			11,824			11,445			11,798			11,072			11,356			11,177
Total	$	114,794		$	116,864		$	117,446		$	113,915		$	112,192		$	111,378		$	107,478		$	110,687		$	107,760
Percentage of assets under administration represented by:
Type of investment:
Money market and other		27	%		27	%		27	%		27	%		27	%		25	%		26	%		20	%		22	%
Equity		51	%		52	%		52	%		52	%		51	%		49	%		52	%		54	%		55	%
Fixed income		22	%		21	%		21	%		21	%		22	%		26	%		22	%		26	%		23	%
Type of business:
Investment management and personal trust		53	%		53	%		52	%		52	%		53	%		51	%		51	%		52	%		54	%
Corporate trust		16	%		15	%		15	%		15	%		14	%		15	%		17	%		13	%		11	%
Retirement plan services		14	%		15	%		15	%		15	%		15	%		16	%		14	%		17	%		17	%
Charitable and endowment		7	%		7	%		7	%		8	%		8	%		8	%		8	%		8	%		8	%
Other		10	%		10	%		11	%		10	%		10	%		10	%		10	%		10	%		10	%

24

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
LOAN SALE REVENUE BY LOAN TYPE(1)
Commercial real estate	$	9		$	10		$	10		$	16		$	10		$	14		$	26		$	14		$	18		$	45		$	64		$	47
Commercial		3			(2	)		—			—			(1	)		1			26			—			—			1			26			—
Residential real estate:
National City Mortgage (NCM)		(136	)		(71	)		77			53			81			101			84			59			114			(77	)		325			488
First Franklin(2)		—			—			—			(23	)		(34	)		62			113			60			70			(23	)		201			264
Home equity installment		(12	)		(7	)		17			17			38			16			10			—			—			15			64			—
Total residential real estate		(148	)		(78	)		94			47			85			179			207			119			184			(85	)		590			752
Other consumer loans:
Home equity lines of credit		(17	)		(8	)		(12	)		4			23			17			5			4			18			(33	)		49			18
Automobile		—			—			—			—			—			—			1			3			(29	)		—			4			(29	)
Credit card		3			3			3			7			4			3			4			4			1			16			15			6
Student		1			1			15			1			1			1			16			—			1			18			18			14
Total Loan Sale Revenue		($149	)		($74	)	$	110		$	75		$	122		$	215		$	285		$	144		$	193			($38	)	$	766		$	808
SERVICING REVENUE BY LOAN TYPE
Commercial real estate	$	2		$	3		$	3		$	4		$	2		$	3		$	3		$	2		$	1		$	12		$	10		$	11
Residential real estate:
National City Mortgage		69			114			49			(6	)		(19	)		56			(88	)		(86	)		14			226			(137	)		283
National City Home Loan Services (First Franklin portfolio)(2)		—			—			—			—			23			12			16			13			2			—			64			19
Total residential real estate		69			114			49			(6	)		4			68			(72	)		(73	)		16			226			(73	)		302
Other consumer loans		44			42			44			34			46			33			48			27			15			164			154			86
Total Loan Servicing Revenue, net	$	115		$	159		$	96		$	32		$	52		$	104			($21	)		($44	)	$	32		$	402		$	91		$	399
RESIDENTIAL REAL ESTATE SERVICING REVENUE COMPONENTS:
Net servicing fees	$	143		$	134		$	128		$	129		$	166		$	158		$	153		$	148		$	139		$	534		$	625		$	532
Servicing asset valuation changes due to time decay and payoffs(3)		(85	)		(84	)		(89	)		(86	)		(102	)		(99	)		(110	)		(93	)		(129	)		(344	)		(404	)		(505	)
Other servicing asset valuation changes(4)		(111	)		(89	)		315			(55	)		(30	)		(318	)		209			193			221			60			54			472
Gains (losses) on derivatives and securities used to hedge servicing assets		122			153			(305	)		6			(30	)		327			(268	)		(321	)		(215	)		(24	)		(292	)		(197	)
Implementation of new prepayment model		—			—			—			—			—			—			(56	)		—			—			—			(56	)		—
Total residential real estate servicing revenue, net	$	69		$	114		$	49			($6	)	$	4		$	68			($72	)		($73	)	$	16		$	226			($73	)	$	302

(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			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
NCM ORIGINATION AND SALE DATA
PRODUCTION DATA:
Applications (related to loans to be held in portfolio and sold)	$	14,271		$	21,185		$	24,718		$	22,366		$	19,051		$	17,694		$	18,504		$	18,302		$	16,938		$	82,540		$	73,551		$	91,442
Originations:
Retail	$	5,090		$	6,245		$	7,755		$	6,680		$	6,740		$	6,860		$	7,490		$	6,195		$	7,425		$	25,770		$	27,285		$	32,995
Wholesale		3,489			5,639			6,483			5,153			4,637			3,573			3,939			3,683			4,626			20,764			15,832			26,036
Less: loan originations for portfolio and other units		(425	)		(880	)		(1,248	)		(1,085	)		(1,217	)		(1,166	)		(1,239	)		(1,137	)		(1,283	)		(3,638	)		(4,759	)		(5,719	)
Total originations for sale	$	8,154		$	11,004		$	12,990		$	10,748		$	10,160		$	9,267		$	10,190		$	8,741		$	10,768		$	42,896		$	38,358		$	53,312
Percentage of originations represented by:
Refinances		51	%		45	%		50	%		58	%		57	%		49	%		45	%		53	%		51	%		51	%		51	%		52	%
Government loans		13	%		8	%		6	%		5	%		6	%		7	%		8	%		7	%		6	%		8	%		7	%		7	%
Adjustable-rate loans		11	%		19	%		21	%		26	%		30	%		36	%		36	%		35	%		32	%		20	%		34	%		34	%
Geographic mix of originations (based on $ volume of loans originated for sale):
Current top five states and their percentage to total originations:
California		13	%		15	%		16	%		17	%		16	%		16	%		17	%		19	%		20	%		16	%		17	%		19	%
Illinois		9	%		8	%		7	%		7	%		7	%		8	%		7	%		6	%		5	%		8	%		7	%		6	%
Virginia		7	%		7	%		7	%		9	%		8	%		9	%		10	%		9	%		9	%		7	%		9	%		9	%
Maryland		7	%		7	%		7	%		8	%		9	%		8	%		8	%		8	%		9	%		8	%		8	%		9	%
Texas		6	%		5	%		5	%		5	%		5	%		—			—			—			5	%		5	%		—			5	%
Florida		—			—			—			—			—			5	%		5	%		5	%		—			—			5	%		—
LOAN SALES:
Loans sold servicing retained	$	11,740		$	9,583		$	9,727		$	8,601		$	7,011		$	7,410		$	7,584		$	8,236		$	10,789		$	39,651		$	30,241		$	49,320
Loans sold servicing released		234			455			770			669			1,153			1,010			738			527			608			2,128			3,428			1,997
Total Loan Sales	$	11,974		$	10,038		$	10,497		$	9,270		$	8,164		$	8,420		$	8,322		$	8,763		$	11,397		$	41,779		$	33,669		$	51,317
LOAN SALE REVENUE COMPONENTS:
(Loss) gain on sale(1)		($124	)		($23	)	$	48		$	70		$	75		$	94		$	89		$	81		$	109			($29	)	$	339		$	438
Estimated effect of delayed delivery(2)		(6	)		(7	)		(4	)		(6	)		(6	)		(8	)		(12	)		(16	)		(20	)		(23	)		(42	)		(111	)
Hedge results(3)		4			(83	)		3			(14	)		(5	)		14			3			(13	)		10			(90	)		(1	)		88
Disallowed valuation adjustments(4)		(15	)		37			25			(1	)		9			(3	)		(2	)		(1	)		(2	)		46			3			13
Other(5)		5			5			5			4			8			4			6			8			17			19			26			60
Total Loan Sale Revenue		($136	)		($71	)	$	77		$	53		$	81		$	101		$	84		$	59		$	114			($77	)	$	325		$	488
(Loss) gain on sale percentage (equals gain on sale/$ volume of loans sold for period)		(1.05	)%		(.23	)%		.46	%		.75	%		.92	%		1.11	%		1.07	%		.93	%		.96	%		(.07	)%		1.01	%		.85	%

(1)	Represents fee income, sales gains/losses, 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			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
NCM MORTGAGE SERVICING RIGHTS (MSRs)
Periods after adoption of fair value accounting under SFAS 156 (1):
Carrying value at beginning of period	$	2,503		$	2,468		$	2,090		$	2,094		$	2,099		$	2,394		$	2,235		$	2,008					$	2,094		$	2,008
Cumulative effect adjustment		—			—			—			—			—			—			—			26						—			26
Acquisitions		(1	)		37			—			7			5			—			—			—						43			5
Additions		220			171			152			130			100			96			108			90						673			394
Time decay(2) & payoffs(3)		(85	)		(84	)		(89	)		(86	)		(88	)		(89	)		(102	)		(87	)					(344	)		(366	)
Changes in model valuation inputs or assumptions(4)		(111	)		(89	)		315			(55	)		(22	)		(302	)		209			198						60			83
Implementation of new prepayment model		—			—			—			—			—			—			(56	)		—						—			(56	)
Carrying Value (Fair Value) at End of Period	$	2,526		$	2,503		$	2,468		$	2,090		$	2,094		$	2,099		$	2,394		$	2,235					$	2,526		$	2,094
Periods prior to adoption of fair value accounting under SFAS 156 (1) :
Carrying value at beginning of period																									$	1,778								$	1,597
Additions																										142									530
Amortization																										(123	)								(492	)
SFAS 133 hedge basis adjustments																										229									393
Sales																										—									(2	)
Carrying value before valuation allowance at end of period																									$	2,026								$	2,026
Valuation allowance at beginning of period																										($19	)								($107	)
Impairment recoveries																										1									89
Valuation allowance at end of period																										($18	)								($18	)
Net Carrying Value of MSRs at End of Period																									$	2,008								$	2,008
Fair Value at End of Period																									$	2,034								$	2,034
Ratio of carrying value of MSRs to total mortgage loans serviced for third parties		1.41	%		1.44	%		1.47	%		1.27	%		1.29	%		1.29	%		1.49	%		1.39	%		1.26	%
Ratio of fair value of MSRs to total mortgage loans serviced for third parties		1.41	%		1.44	%		1.47	%		1.27	%		1.29	%		1.29	%		1.49	%		1.39	%		1.27	%
Servicing asset capitalization rate		1.87	%		1.78	%		1.56	%		1.51	%		1.43	%		1.30	%		1.42	%		1.09	%		1.32	%
Servicing prepayment rate (annualized)		10	%		11	%		14	%		13	%		14	%		13	%		15	%		14	%		20	%
NCM SERVICING DATA
Rollforward of servicing portfolio (UPB):
Beginning balance	$	173,682		$	167,357		$	164,733		$	162,264		$	162,202		$	161,096		$	160,983		$	159,580		$	158,039		$	162,264		$	159,580		$	152,367
Acquisitions		—			3,084			—			415			394			—			—			—			—			3,499			394			—
Additions		11,740			9,583			9,727			8,601			7,011			7,410			7,584			8,236			10,789			39,651			30,241			49,320
Payments		(4,431	)		(4,524	)		(5,928	)		(5,346	)		(5,672	)		(5,346	)		(6,197	)		(5,764	)		(7,907	)		(20,229	)		(22,979	)		(36,706	)
Other reductions(5)		(1,554	)		(1,818	)		(1,175	)		(1,201	)		(1,671	)		(958	)		(1,274	)		(1,069	)		(1,341	)		(5,748	)		(4,972	)		(5,401	)
Ending balance	$	179,437		$	173,682		$	167,357		$	164,733		$	162,264		$	162,202		$	161,096		$	160,983		$	159,580		$	179,437		$	162,264		$	159,580
Servicing portfolio composition (UPB):
Conventional	$	114,326		$	108,126		$	101,853		$	99,895		$	98,396		$	94,644		$	98,058		$	97,689		$	95,819
Government		19,332			19,033			19,151			19,543			19,973			20,497			20,901			21,070			21,786
Jumbo and other		45,779			46,523			46,353			45,295			43,895			47,061			42,137			42,224			41,975
Total mortgage loans serviced for third parties	$	179,437		$	173,682		$	167,357		$	164,733		$	162,264		$	162,202		$	161,096		$	160,983		$	159,580
Servicing portfolio metrics:
Number of loans		1,106,018			1,078,996			1,050,749			1,044,233			1,034,009			1,034,008			1,037,118			1,044,182			1,059,418
Average loan size	$	162,237		$	160,966		$	159,274		$	157,755		$	156,927		$	156,867		$	155,330		$	154,171		$	150,630
Weighted-average note rate		6.05	%		6.00	%		5.96	%		5.93	%		5.91	%		5.87	%		5.83	%		5.80	%		5.78	%
Weighted-average servicing fee	30 bps			29 bps			29 bps			29 bps			29 bps			29 bps			29 bps			29 bps			29 bps
Weighted-average age in months		35			34			33			32			31			29			27			26			24
Default rate(6)		4.44	%		4.03	%		3.25	%		2.76	%		3.57	%		3.19	%		2.79	%		2.34	%		3.81	%

(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

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

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
FIRST FRANKLIN
PORTFOLIO STATISTICS(1)
Period-end portfolio balance	$	6,012		$	6,648		$	7,419		$	8,217		$	7,480		$	8,302		$	16,583		$	18,254		$	18,681
Average portfolio balance		6,238			6,921			7,709			7,490			7,943			13,585			17,530			18,629			18,978		$	7,085		$	14,390		$	18,882
Weighted-average note rate		8.24	%		8.18	%		8.00	%		7.91	%		7.98	%		7.83	%		7.48	%		7.34	%		7.18	%
Weighted-average loan size	$	93,812		$	93,460		$	92,321		$	94,261		$	92,690		$	95,025		$	102,939		$	106,513		$	110,417
Weighted-average credit score(2)(3)		625			624			624			628			629			635			645			647			652
First-lien weighted-average loan-to-value ratio(4)		78.18	%		78.21	%		77.17	%		77.38	%		77.70	%		77.92	%		77.31	%		77.48	%		77.57	%
Net Charge-offs	$	39		$	23		$	25		$	53		$	17		$	40		$	16		$	19		$	10		$	140		$	92		$	30
Annualized net charge-offs as a percentage of average portfolio loans		2.42	%		1.33	%		1.31	%		2.89	%		.84	%		1.15	%		.37	%		.41	%		.20	%		1.97	%		.64	%		.16	%
Nonperforming assets:
Nonperforming loans	$	119		$	86		$	75		$	67		$	65		$	61		$	59		$	61		$	51
Other real estate owned		242			179			157			136			116			95			77			64			54
Total	$	361		$	265		$	232		$	203		$	181		$	156		$	136		$	125		$	105
Nonperforming assets to total First Franklin portfolio loans and other real estate owned		5.78	%		3.89	%		3.06	%		2.42	%		2.38	%		1.85	%		.82	%		.68	%		.56	%
Loans 90+ days past due	$	808		$	734		$	619		$	642		$	566		$	500		$	405		$	364		$	391
Portfolio delinquency rate		28.92	%		24.49	%		21.37	%		20.89	%		20.92	%		16.84	%		9.84	%		7.40	%		8.35	%
CREDIT RISK PROTECTION
Balance of mortgages included under credit risk transfer agreement (5)	$	1,402		$	1,556		$	1,749		$	2,084		$	2,376		$	2,931		$	3,304		$	3,736		$	4,041
First liens with lender paid mortgage insurance (6)		1,374			1,532			1,676			1,782			1,868			2,029			2,135			2,207			1,582
Second liens with lender paid mortgage insurance (6)		1,462			1,647			1,876			1,983			2,148			2,445			3,563			3,632			3,273

(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)	The Corporation has a credit risk transfer agreement on certain 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.

FIRST FRANKLIN LOANS ROLLFORWARD

									Transfer
	Balance as of		Principal			Net			to					Balance as of
	9/30/2007		Payments			Charge-offs			OREO			Other		12/31/2007
First Liens:
Credit risk transfer agreement	$	1,556		($119	)		($5	)		($30	)		—	$	1,402
Lender paid mortgage insurance		1,532		(117	)		1			(42	)		—		1,374
Uninsured		1,845		(73	)		(4	)		(52	)	$	1		1,717
Held for sale		—		—			—			—			—		—
Total first liens		4,933		(309	)		(8	)		(124	)		1		4,493
Second Liens:
Lender paid mortgage insurance		1,647		(160	)		(25	)		—			—		1,462
Uninsured		68		(5	)		(6	)		—			—		57
Held for sale		—		—			—			—			—		—
Total second liens		1,715		(165	)		(31	)		—			—		1,519
Total First Franklin loans	$	6,648		($474	)		($39	)		($124	)	$	1	$	6,012

28

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RUN-OFF LOAN PORTFOLIO STATISTICS (continued)
($ in millions)

	2007												2006												2005
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr
MORTGAGE BANKING (1)
Home Equity Lines of Credit(HELOC) Portfolio:
Period-end portfolio balance	$	7,475		$	7,187		$	5,025		$	5,424		$	5,928		$	6,671		$	7,933		$	8,906		$	12,597
Weighted-average note rate		7.89	%		8.50	%		8.63	%		8.60	%		8.62	%		8.62	%		8.36	%		7.88	%		7.30	%
Weighted-average credit score (2) (3)		725			728			730			729			731			731			732			731			734
Weighted-average cumulative loan-to-value ratio (4)		83.70	%		78.23	%		78.09	%		79.59	%		79.54	%		79.71	%		79.69	%		79.97	%		80.33	%
Utilization rate		59	%		50	%		46	%		48	%		49	%		50	%		51	%		52	%		53	%
Net charge-offs	$	27		$	21		$	7		$	10		$	12		$	9		$	4		$	9		$	6
Loans 90 days past due		62			29			13			21			19			12			10			8			9
Home Equity loans(HELOAN) Portfolio: (5)
Period-end portfolio balance	$	3,732		$	3,486		$	1,258		$	1,331		$	1,412		$	1,461		$	1,577		$	1,690		$	2,051
Weighted-average note rate		8.12	%		8.11	%		7.32	%		7.29	%		7.28	%		7.22	%		7.24	%		7.24	%		7.31	%
Weighted-average credit score (2) (3)		725			729			738			737			738			737			736			735			735
Weighted-average cumulative loan-to-value ratio (4)		89.74	%		89.19	%		89.24	%		89.35	%		89.38	%		89.43	%		89.46	%		89.46	%		89.43	%
Net charge-offs	$	25		$	7		$	2		$	1		$	1		$	1		$	1		$	1		$	1
Loans 90 days past due		40			15			2			1			1			1			—			—			—

(1)	Represents loans originated by the former National Home Equity business unit. These portfolios are 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)	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.

29

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National City Corporation
HOME EQUITY SALE AND SERVICING PORTFOLIO DATA(1)
($ in millions)

	2007												2006												2005			For the Year
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007		2006		2005
HOME EQUITY SALE DATA
HELOCs sold servicing retained	$	500		$	684		$	463		$	1,782		$	1,975		$	1,295		$	1,099		$	1,097		$	1,421		$	3,429	$	5,466	$	1,421
HELOCs sold servicing released		—			—			—			—			—			—			—			—			—			—		—		—
Total HELOC sales	$	500		$	684		$	463		$	1,782		$	1,975		$	1,295		$	1,099		$	1,097		$	1,421		$	3,429	$	5,466	$	1,421
HELOC Gain on Sale percentage (2)		1.31	%		2.89	%		2.81	%		3.26	%		3.44	%		3.54	%		3.17	%		2.51	%		3.41	%
HELOANs sold servicing retained		—			—		$	671		$	1,125		$	580		$	516		$	420			—			—		$	1,796	$	1,516		—
HELOANs sold servicing released	$	303		$	217			—			—			477			290			—			—			—			520		767		—
Total HELOAN sales	$	303		$	217		$	671		$	1,125		$	1,057		$	806		$	420			—			—		$	2,316	$	2,283		—
HELOAN Gain on Sale percentage (2)		1.17	%		3.50	%		2.93	%		2.94	%		3.46	%		2.32	%		1.92	%		—			—
HOME EQUITY SERVICING DATA
HELOCs serviced for third parties	$	7,286		$	7,008		$	6,734		$	6,805		$	5,549		$	4,067		$	3,190		$	2,350		$	1,366
HELOANs serviced for third parties		2,642			2,933			2,870			2,377			1,601			1,166			404			—			—
Total serviced for third parties	$	9,928		$	9,941		$	9,604		$	9,182		$	7,150		$	5,233		$	3,594		$	2,350		$	1,366

(1)	Represents activity from the former National Home Equity business unit.
(2)	Represents gross gain on sales as a percentage of dollar value of loans sold including servicing value, if applicable.

30

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

	2007												2006												2005
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr
HOME EQUITY LINES OF CREDIT (HELOC) PORTFOLIO
Period-end balances by line of business:
Commercial Banking — Regional	$	19		$	17		$	14		$	14		$	4		$	2		$	2		$	2		$	3
Retail Banking		9,912			9,660			8,288			8,233			8,000			7,938			8,021			8,029			8,160
Asset Management		653			637			623			626			639			650			632			620			634
Parent and Other		—			—			—			—			—			—			—			—			—
Total period-end balances HELOCs (2)	$	10,584		$	10,314		$	8,925		$	8,873		$	8,643		$	8,590		$	8,655		$	8,651		$	8,797
Statistics by line of business for significant portfolios:
Retail Banking
Weighted-average note rate		7.39	%		8.07	%		8.02	%		8.04	%		8.07	%		8.09	%		7.80	%		7.38	%		6.92	%
Weighted-average credit score (3) (4)		735			736			736			735			736			737			737			735			737
Weighted-average cumulative loan-to-value ratio (5)		74.83	%		73.73	%		73.93	%		72.05	%		71.92	%		72.45	%		71.57	%		71.46	%		71.40	%
Utilization rate		50	%		48	%		47	%		41	%		47	%		47	%		47	%		48	%		50	%
Net charge-offs	$	9		$	5		$	6		$	7		$	7		$	5		$	4		$	9		$	9
Loans 90 days past due		29			19			13			13			14			10			9			11			12
Insured balances (6)		588			462			332			257			109			43			—			—			—
HOME EQUITY LOANS (HELOAN) PORTFOLIO (1)
Period-end balances by line of business:
Commercial Banking — Regional	$	2		$	3		$	2		$	3		$	3		$	3		$	3		$	3		$	11
Retail Banking		5,020			5,100			4,988			4,893			4,895			4,697			4,596			4,513			4,328
Asset Management		127			123			122			120			123			123			123			120			116
Parent and Other		1			—			—			—			—			1			6			6			6
Total period-end balances HELOANs (2)	$	5,150		$	5,226		$	5,112		$	5,016		$	5,021		$	4,824		$	4,728		$	4,642		$	4,461
Statistics by line of business for significant portfolios:
Retail Banking
Weighted-average note rate		6.97	%		6.95	%		6.88	%		6.82	%		6.78	%		6.72	%		6.65	%		6.59	%		6.57	%
Weighted-average credit score (3) (4)		735			730			730			730			730			731			730			728			729
Weighted-average cumulative loan-to-value ratio (5)		72.24	%		71.52	%		71.16	%		70.74	%		70.48	%		70.20	%		70.01	%		69.84	%		70.00	%
Net charge-offs	$	5		$	4			—		$	4		$	4		$	3		$	2		$	7		$	6
Loans 90 days past due		12			9		$	8			4			5			4			4			5			8
Insured balances (6)		346			319			236			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, Mortgage Banking, 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.
(6)	Represents the principal balance of loans with lender paid mortgage insurance (LPMI) that reduces the Corporation’s potential lifetime losses on those loans.

31

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

	2007												2006												2005			YTD
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
Retail Banking
Net interest income (TE)	$	628,467		$	579,415		$	553,366		$	543,030		$	511,131		$	510,351		$	491,018		$	483,635		$	481,965		$	2,304,278		$	1,996,135		$	1,906,022
Provision for loan losses		97,782			69,674			57,588			64,060			82,633			46,530			24,789			28,613			84,202			289,104			182,565			251,714
Net interest income after provision		530,685			509,741			495,778			478,970			428,498			463,821			466,229			455,022			397,763			2,015,174			1,813,570			1,654,308
Noninterest income		332,024			288,517			300,711			267,488			270,505			273,795			275,563			240,036			255,271			1,188,740			1,059,899			955,326
Noninterest expense		567,361			511,093			477,003			464,785			487,583			425,425			406,021			413,624			395,557			2,020,242			1,732,653			1,607,281
Income before taxes		295,348			287,165			319,486			281,673			211,420			312,191			335,771			281,434			257,477			1,183,672			1,140,816			1,002,353
Income tax expense and TE adjustment		118,585			113,686			124,974			110,681			82,358			120,284			129,165			108,538			99,033			467,926			440,345			385,980
Net income	$	176,763		$	173,479		$	194,512		$	170,992		$	129,062		$	191,907		$	206,606		$	172,896		$	158,444		$	715,746		$	700,471		$	616,373
Unusual items (pretax)
LPMI reinsurance expense		($15,547	)		($15,077	)		($15,159	)		($2,643	)		($65,354	)		($8,043	)	$	104			($5,707	)		—			($48,426	)		($79,000	)		—
Securities (losses) gains, net		—			(40	)		—			—			—			—			—			(312	)		($360	)		(40	)		(312	)		($403	)
Gain on sale of Illinios Quad Cities branches		16,493			—			—			—			—			—			—			—			—			16,493			—			—
Gain on sale of Madison Bank & Trust Co.		—			—			—			—			—			—			—			—			—			—			—			16,001
Total	$	946			($15,117	)		($15,159	)		($2,643	)		($65,354	)		($8,043	)	$	104			($6,019	)		($360	)		($31,973	)		($79,312	)	$	15,598
Unusual items (after tax)
LPMI reinsurance expense		($10,105	)		($9,800	)		($9,853	)		($1,718	)		($42,480	)		($5,228	)	$	68			($3,710	)		—			($31,476	)		($51,350	)		—
Securities (losses) gains, net		—			(26	)		—			—			—			—			—			(203	)		($234	)		(26	)		(203	)		($262	)
Gain on sale of Illinios Quad Cities branches		10,720			—			—			—			—			—			—			—			—			10,720			—			—
Gain on sale of Madison Bank & Trust Co.		—			—			—			—			—			—			—			—			—			—			—			10,401
Total	$	615			($9,826	)		($9,853	)		($1,718	)		($42,480	)		($5,228	)	$	68			($3,913	)		($234	)		($20,782	)		($51,553	)	$	10,139
Average assets	$	32,297		$	29,186		$	27,997		$	27,701		$	24,812		$	24,366		$	24,891		$	24,653		$	24,182		$	29,307		$	24,680		$	23,944
Average equity		5,085			4,277			3,869			3,730			2,684			2,637			2,601			2,515			2,967			4,244			2,610			2,890
Average core deposits		72,211			66,720			63,224			61,398			55,883			55,477			55,311			54,222			53,646			65,920			55,228			52,643
Average total deposits		72,986			67,460			63,977			62,153			56,507			56,105			55,905			54,739			54,187			66,676			55,820			53,190
Return on average assets		2.17	%		2.36	%		2.79	%		2.50	%		2.06	%		3.12	%		3.33	%		2.84	%		2.60	%		2.44	%		2.84	%		2.57	%
Return on average equity		13.79			16.09			20.16			18.59			19.08			28.87			31.86			27.88			21.18			16.86			26.84			21.33
Efficiency ratio		59.07			58.89			55.85			57.34			62.38			54.25			52.97			57.13			53.65			57.84			56.69			56.17
Commercial Banking — Regional
Net interest income (TE)	$	274,751		$	271,512		$	271,558		$	280,710		$	277,306		$	270,698		$	265,672		$	261,857		$	266,753		$	1,098,531		$	1,075,533		$	1,034,101
Provision (benefit) for loan losses		46,506			34,249			37,938			15,293			20,687			16,098			19,551			11,975			2,436			133,986			68,311			(10,538	)
Net interest income after provision		228,245			237,263			233,620			265,417			256,619			254,600			246,121			249,882			264,317			964,545			1,007,222			1,044,639
Noninterest income		59,274			58,327			59,751			56,251			53,889			58,134			56,264			54,157			53,693			233,603			222,444			216,081
Noninterest expense		158,903			131,587			138,085			117,939			127,247			131,288			133,028			121,682			118,677			546,514			513,245			473,840
Income before taxes		128,616			164,003			155,286			203,729			183,261			181,446			169,357			182,357			199,333			651,634			716,421			786,880
Income tax expense and TE adjustment		49,385			62,687			59,354			77,665			69,987			69,324			64,778			69,715			76,155			249,091			273,804			300,809
Net income	$	79,231		$	101,316		$	95,932		$	126,064		$	113,274		$	112,122		$	104,579		$	112,642		$	123,178		$	402,543		$	442,617		$	486,071
Average assets	$	38,249		$	36,431		$	35,789		$	35,164		$	33,469		$	33,375		$	32,855		$	31,813		$	31,590		$	36,417		$	32,884		$	31,372
Average equity		3,743			3,572			3,458			3,464			2,910			2,799			2,743			2,676			2,759			3,560			2,783			2,879
Average core deposits		7,233			7,187			7,080			7,632			6,964			6,917			6,914			7,130			7,371			7,282			6,981			7,436
Average total deposits		16,105			15,985			15,621			16,031			15,253			13,667			13,038			13,221			13,260			15,936			13,800			12,530
Return on average assets		.82	%		1.10	%		1.08	%		1.45	%		1.34	%		1.33	%		1.28	%		1.44	%		1.55	%		1.11	%		1.35	%		1.55	%
Return on average equity		8.40			11.25			11.13			14.76			15.44			15.89			15.29			17.07			17.71			11.31			15.91			16.88
Efficiency ratio		47.57			39.89			41.68			35.00			38.42			39.93			41.32			38.51			37.03			41.03			39.54			37.90

32

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

	2007												2006												2005			YTD
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
Commercial Banking — National
Net interest income (TE)	$	120,721		$	118,037		$	115,308		$	119,853		$	113,111		$	113,236		$	113,452		$	115,906		$	118,568		$	473,919		$	455,705		$	451,731
Provision (benefit) for loan losses		45,294			47,648			(1,803	)		(31,728	)		15,491			(12,137	)		14,945			(14,846	)		23,033			59,411			3,453			2,446
Net interest income after provision		75,427			70,389			117,111			151,581			97,620			125,373			98,507			130,752			95,535			414,508			452,252			449,285
Noninterest income		147,520			97,977			114,562			112,208			145,180			109,430			155,022			115,220			118,712			472,267			524,852			385,010
Noninterest expense		115,394			99,000			107,968			109,688			121,510			92,261			96,979			95,444			92,491			432,050			406,194			330,097
Income before taxes		107,553			69,366			123,705			154,101			121,290			142,542			156,550			150,528			121,756			454,725			570,910			504,198
Income tax expense and TE adjustment		39,410			25,166			46,146			57,970			44,219			42,042			57,432			54,911			45,179			168,692			198,604			187,945
Net income	$	68,143		$	44,200		$	77,559		$	96,131		$	77,071		$	100,500		$	99,118		$	95,617		$	76,577		$	286,033		$	372,306		$	316,253
Average assets	$	18,902		$	18,025		$	17,131		$	16,617		$	16,163		$	15,782		$	15,405		$	14,756		$	14,647		$	17,676		$	15,531		$	13,368
Average equity		1,541			1,497			1,431			1,397			1,373			1,322			1,283			1,192			1,268			1,467			1,293			1,084
Average core deposits		1,630			1,569			1,477			1,433			1,284			1,331			1,317			1,302			1,326			1,528			1,309			1,364
Average total deposits		2,860			2,989			2,926			2,999			2,035			1,955			1,941			1,882			1,905			2,943			1,954			1,903
Return on average assets		1.43	%		.97	%		1.82	%		2.35	%		1.89	%		2.53	%		2.58	%		2.63	%		2.07	%		1.62	%		2.40	%		2.37	%
Return on average equity		17.54			11.72			21.73			27.91			22.27			30.17			30.98			32.54			23.97			19.50			28.79			29.17
Efficiency ratio		43.02			45.83			46.97			47.27			47.04			41.43			36.12			41.30			38.98			45.66			41.42			39.45
Unusual items (pretax)
Principal investment gains	$	41,434		$	24,103		$	19,865		$	10,122		$	27,903		$	30,270		$	30,430		$	33,825		$	24,189		$	95,524		$	122,428		$	57,156
Gain on sale of commercial leases		—			—			—			—			—			1,606			25,659			—			—			—			27,265			—
Commercial lease residual recovery		—			—			—			—			—			—			—			—			—			—			—			4,903
Securities gains (losses), net		10			746			(1	)		22			9			—			—			—			—			777			9			(63	)
Total	$	41,444		$	24,849		$	19,864		$	10,144		$	27,912		$	31,876		$	56,089		$	33,825		$	24,189		$	96,301		$	149,702		$	61,996
Unusual items (after tax)
Principal investment gains	$	26,932		$	15,667		$	12,912		$	6,579		$	18,137		$	19,676		$	19,780		$	21,986		$	15,723		$	62,090		$	79,579		$	37,152
Gain on sale of commercial leases		—			—			—			—			—			1,044			16,678			—			—			—			17,722			—
Tax accrual adjustments		—			—			—			—			—			9,800			—			—			—			—			9,800			—
Commercial lease residual recovery		—			—			—			—			—			—			—			—			—			—			—			3,187
Securities gains (losses), net		7			485			(1	)		14			6			—			—			—			—			505			6			(41	)
Total	$	26,939		$	16,152		$	12,911		$	6,593		$	18,143		$	30,520		$	36,458		$	21,986		$	15,723		$	62,595		$	107,107		$	40,298
Mortgage Banking
Net interest income (TE)	$	157,319		$	166,176		$	177,645		$	162,305		$	146,016		$	145,746		$	154,850		$	160,699		$	164,125		$	663,445		$	607,311		$	720,132
Provision for loan losses		342,398			189,284			19,261			28,465			21,523			38,396			5,477			9,170			14,076			579,408			74,566			58,044
Net interest income after provision		(185,079	)		(23,108	)		158,384			133,840			124,493			107,350			149,373			151,529			150,049			84,037			532,745			662,088
Noninterest income		(82,115	)		44,452			163,511			85,047			133,078			208,225			30,676			(6,669	)		151,199			210,895			365,310			832,738
Noninterest expense		369,924			289,167			222,685			204,498			196,794			203,097			206,541			198,457			205,346			1,086,274			804,889			843,139
(Loss) income before taxes		(637,118	)		(267,823	)		99,210			14,389			60,777			112,478			(26,492	)		(53,597	)		95,902			(791,342	)		93,166			651,687
Income tax (benefit) expense and TE adjustment		(191,655	)		(101,251	)		37,488			5,424			22,960			42,503			(10,028	)		(20,272	)		36,238			(249,994	)		35,163			233,187
Net (loss) income		($445,463	)		($166,572	)	$	61,722		$	8,965		$	37,817		$	69,975			($16,464	)		($33,325	)	$	59,664			($541,348	)	$	58,003		$	418,500
Average assets	$	34,438		$	33,826		$	30,184		$	27,600		$	24,765		$	25,352		$	26,629		$	26,661		$	28,900		$	31,537		$	25,845		$	28,581
Average equity		2,008			1,337			1,273			1,304			1,049			1,192			1,189			1,298			1,100			1,482			1,182			966
Average core deposits		3,107			3,288			3,416			3,052			3,215			3,499			3,453			3,128			3,924			3,216			3,325			4,090
Average total deposits		3,119			3,306			3,443			3,079			3,234			3,524			3,478			3,150			3,973			3,237			3,347			4,126
Return on average assets		(5.13)	%		(1.95)	%		.82	%		.13	%		.61	%		1.10	%		(.25)	%		(.51)	%		.82	%		(1.72)	%		.22	%		1.46	%
Return on average equity		(88.01	)		(49.42	)		19.45			2.79			14.30			23.28			(5.55	)		(10.41	)		21.53			(36.53	)		4.91			43.30
Efficiency ratio		491.89			137.29			65.27			82.68			70.51			57.38			111.33			128.84			65.12			124.24			82.75			54.30
Unusual items (pretax)
Changes in MSR model and assumptions		—			—			—			—			—			—			($55,983	)		—			—			—			($55,983	)	$	39,104
Goodwill impairment charges		($180,716	)		—			—			—			—			—			—			—			—			($180,716	)		—			—
Asset impairment		—			($43,640	)		—			—			—			—			—			—			—			(43,640	)		—			—
Settlement of litigation		—			(25,000	)		—			—			—			—			—			—			—			(25,000	)		—			—
Severance and related charges		(17,454	)		(18,536	)		—			—			—			—			—			—			—			(35,990	)		—			—
Total		($198,170	)		($87,176	)		—			—			—			—			($55,983	)		—			—			($285,346	)		($55,983	)	$	39,104
Unusual items (after tax)
Changes in MSR model and assumptions		—			—			—			—			—			—			($36,389	)		—			—			—			($36,389	)	$	25,418
Goodwill impairment charges		($161,589	)		—			—			—			—			—			—			—			—			($161,589	)		—			—
Tax accrual adjustments		—			—			—			—			—			—			—			—			—			—			—			13,100
Asset impairment		—			($28,366	)		—			—			—			—			—			—			—			(28,366	)		—			—
Settlement of litigation		—			(16,250	)		—			—			—			—			—			—			—			(16,250	)		—			—
Severance and related charges		(11,345	)		(12,048	)		—			—			—			—			—			—			—			(23,393	)		—			—
Total		($172,934	)		($56,664	)		—			—			—			—			($36,389	)		—			—			($229,598	)		($36,389	)	$	38,518

33

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

	2007												2006												2005			YTD
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
Asset Management
Net interest income (TE)	$	34,639		$	33,912		$	35,251		$	35,130		$	33,791		$	32,801		$	31,753		$	31,269		$	30,410		$	138,932		$	129,614		$	118,365
Provision (benefit) for loan losses		2,352			7,544			1,741			551			4,932			1,526			(3,767	)		703			5,353			12,188			3,394			7,635
Net interest income after provision		32,287			26,368			33,510			34,579			28,859			31,275			35,520			30,566			25,057			126,744			126,220			110,730
Noninterest income		95,800			92,710			98,692			89,125			87,613			86,927			92,825			85,193			83,666			376,327			352,558			343,997
Noninterest expense		91,296			85,952			84,899			80,410			82,129			79,792			79,441			80,185			86,635			342,557			321,547			326,003
Income before taxes		36,791			33,126			47,303			43,294			34,343			38,410			48,904			35,574			22,088			160,514			157,231			128,724
Income tax expense and TE adjustment		13,907			12,522			17,880			16,365			12,982			14,519			18,485			13,447			8,349			60,674			59,433			48,658
Net income	$	22,884		$	20,604		$	29,423		$	26,929		$	21,361		$	23,891		$	30,419		$	22,127		$	13,739		$	99,840			97,798		$	80,066
Average assets	$	4,308		$	4,163		$	4,061		$	3,991		$	3,894		$	3,781		$	3,690		$	3,619		$	3,597		$	4,132		$	3,747		$	3,431
Average equity		460			436			444			448			423			404			403			404			455			447			408			453
Average core deposits		3,037			2,785			2,749			2,607			2,101			1,965			2,001			1,947			1,861			2,795			2,004			1,874
Average total deposits		3,334			3,058			2,998			2,834			2,307			2,160			2,192			2,085			2,001			3,057			2,187			2,007
Return on average assets		2.11	%		1.96	%		2.91	%		2.74	%		2.18	%		2.51	%		3.31	%		2.48	%		1.52	%		2.42	%		2.61	%		2.33	%
Return on average equity		19.76			18.76			26.59			24.38			20.05			23.46			30.30			22.20			11.98			22.35			23.94			17.66
Efficiency ratio		69.99			67.88			63.38			64.71			67.65			66.64			63.77			68.85			75.95			66.48			66.69			70.51
Parent and Other
Net interest (expense) income (TE)		($107,434	)		($67,149	)		($57,042	)		($22,746	)	$	51,665		$	76,525		$	110,818		$	130,414		$	130,127			($254,371	)	$	369,422		$	496,123
Provision (benefit) for loan losses		156,300			20,364			29,815			45,327			179,456			(20,815	)		980			(3,702	)		6,972			251,806			155,919			(8,770	)
Net interest (expense) income after provision		(263,734	)		(87,513	)		(86,857	)		(68,073	)		(127,791	)		97,340			109,838			134,116			123,155			(506,177	)		213,503			504,893
Noninterest income		44,390			42,226			27,311			10,402			1,011,497			140,964			173,731			167,710			114,719			124,329			1,493,902			571,167
Noninterest expense		263,646			279,499			155,614			178,918			193,407			255,669			249,707			234,413			364,308			877,677			933,196			1,153,760
(Loss) income before taxes		(482,990	)		(324,786	)		(215,160	)		(236,589	)		690,299			(17,365	)		33,862			67,413			(126,434	)		(1,259,525	)		774,209			(77,700	)
Income tax (benefit) expense and TE adjustment		(248,596	)		(132,754	)		(102,616	)		(126,720	)		227,227			(45,416	)		(14,806	)		(21,437	)		(92,961	)		(610,686	)		145,568			(145,666	)
Net (loss) income		($234,394	)		($192,032	)		($112,544	)		($109,869	)	$	463,072		$	28,051		$	48,668		$	88,850			($33,473	)		($648,839	)	$	628,641		$	67,966
Unusual items (pretax)
Severance and related charges		($48,786	)		($4,920	)		($2,245	)		($6,319	)		($8,887	)		($11,751	)		($8,588	)		($3,706	)		($49,129	)		($62,270	)		($32,932	)		($67,913	)
Gain from sale of First Franklin		—			—			—			—			983,940			—			—			—			—			—			983,940			—
Charitable Foundation contribution		—			—			—			—			—			—			—			—			(29,945	)		—			—			(29,945	)
Principal investment gains (losses)		—			—			—			—			1,454			—			(6,000	)		—			—			—			(4,546	)		—
UAL Guarantee reversal		—			—			—			—			—			1,140			3,527			31,333			—			—			36,000			—
VISA indemnification liability		(132,000	)		(157,000	)		—			—			—			—			—			—			—			(289,000	)		—			—
Auto lease residual recovery		—			—			—			—			—			—			—			—			—			—			—			22,351
Gain (loss) on the securitization of automobile receivables		—			—			—			—			—			—			—			3,464			(28,708	)		—			3,464			(28,708	)
Securities (losses) gains, net		(4,693	)		122			(1,313	)		26,963			(13,481	)		283			990			12,028			9,444			21,079			(180	)		27,554
Total		($185,479	)		($161,798	)		($3,558	)	$	20,644		$	963,026			($10,328	)		($10,071	)	$	43,119			($98,338	)		($330,191	)	$	985,746			($76,661	)
LPMI reinsurance expense reclass to provision	$	15,547		$	15,077		$	15,159		$	2,643		$	65,354		$	8,043			($104	)	$	5,707			—		$	48,426		$	79,000			—
Unusual items (after tax)
Severance and related charges		($31,711	)		($3,198	)		($1,459	)		($4,107	)		($5,777	)		($7,638	)		($5,582	)		($2,409	)		($31,934	)		($40,475	)		($21,406	)		($44,143	)
Gain from sale of First Franklin		—			—			—			—			622,342			—			—			—			—			—			622,342			—
Charitable Foundation contribution		—			—			—			—			—			—			—			—			(19,464	)		—			—			(19,464	)
Tax accrual adjustments		14,964			(5,090	)		(12,357	)		7,158			4,896			2,499			(4,060	)		9,991			22,141			4,675			13,326			(5,658	)
Principal investment gains (losses)		—			—			—			—			945			—			(3,900	)		—			—			—			(2,955	)		—
UAL Guarantee reversal		—			—			—			—			—			741			2,293			20,367			—			—			23,401			—
VISA indemnification liability		(85,800	)		(108,000	)		—			—			—			—			—			—			—			(193,800	)		—			—
Auto lease residual recovery		—			—			—			—			—			—			—			—			—			—			—			14,528
Gain (loss) on the securitization of automobile receivables		—			—			—			—			—			—			—			2,251			(18,661	)		—			2,251			(18,661	)
Securities (losses) gains, net		(3,050	)		79			(853	)		17,526			(8,762	)		184			643			7,818			6,138			13,702			(117	)		17,910
Total		($105,597	)		($116,209	)		($14,669	)	$	20,577		$	613,644			($4,214	)		($10,606	)	$	38,018			($41,780	)		($215,898	)	$	636,842			($55,488	)
Average assets	$	24,372		$	23,464		$	23,425		$	26,737		$	33,790		$	35,778		$	36,549		$	37,894		$	40,067		$	24,490		$	35,991		$	40,860
Average core deposits		(54	)		(65	)		18			200			1,270			230			438			250			32			24			548			462
Average total deposits		(105	)		704			1,059			751			5,186			6,096			6,253			7,910			8,692			601			6,352			8,987

34

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

	2007												2006												2005			YTD
	4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr			1st Qtr			4th Qtr			2007			2006			2005
Consolidated
Net interest income (TE)	$	1,108,463		$	1,101,903		$	1,096,086		$	1,118,282		$	1,133,020		$	1,149,357		$	1,167,563		$	1,183,780		$	1,191,948		$	4,424,734		$	4,633,720		$	4,726,474
Provision for loan losses		690,632			368,763			144,540			121,968			324,722			69,598			61,975			31,913			136,072			1,325,903			488,208			300,531
Net interest income after provision		417,831			733,140			951,546			996,314			808,298			1,079,759			1,105,588			1,151,867			1,055,876			3,098,831			4,145,512			4,425,943
Noninterest income		596,893			624,209			764,538			620,521			1,701,762			877,475			784,081			655,647			777,260			2,606,161			4,018,965			3,304,319
Noninterest expense		1,566,524			1,396,298			1,186,254			1,156,238			1,208,670			1,187,532			1,171,717			1,143,805			1,263,014			5,305,314			4,711,724			4,734,120
(Loss) income before taxes		(551,800	)		(38,949	)		529,830			460,597			1,301,390			769,702			717,952			663,709			570,122			399,678			3,452,753			2,996,142
Income tax (benefit) expense and TE adjustment		(218,964	)		(19,944	)		183,226			141,385			459,733			243,256			245,026			204,902			171,993			85,703			1,152,917			1,010,913
Net (loss) income		($332,836	)		($19,005	)	$	346,604		$	319,212		$	841,657		$	526,446		$	472,926		$	458,807		$	398,129		$	313,975		$	2,299,836		$	1,985,229
Unusual items (pretax)
Gain (loss) on the securitization of automobile receivables		—			—			—			—			—			—			—		$	3,464			($28,708	)		—		$	3,464			($28,708	)
Gain from sale of First Franklin		—			—			—			—		$	983,940			—			—			—			—			—			983,940			—
Auto lease residual recovery		—			—			—			—			—			—			—			—			—			—			—			22,351
Commercial lease residual recovery		—			—			—			—			—			—			—			—			—			—			—			4,903
Gain on sale of commercial leases		—			—			—			—			—		$	1,606		$	25,659			—			—			—			27,265			—
Principal investment gains, net	$	41,434		$	24,103		$	19,865		$	10,122			29,357			30,270			24,430			33,825			24,189		$	95,524			117,882			57,156
UAL Guarantee reversal		—			—			—			—			—			1,140			3,527			31,333			—			—			36,000			—
Severance and related charges		(66,240	)		(23,456	)		(2,245	)		(6,319	)		(8,887	)		(11,751	)		(8,588	)		(3,706	)		(49,129	)		(98,260	)		(32,932	)		(67,913	)
Asset impairment		—			(43,640	)		—			—			—			—			—			—			—			(43,640	)		—			—
Settlement of litigation		—			(25,000	)		—			—			—			—			—			—			—			(25,000	)		—			—
VISA indemnification liability		(132,000	)		(157,000	)		—			—			—			—			—			—			—			(289,000	)		—			—
Gain on sale of Illinios Quad Cities branches		16,493			—			—			—			—			—			—			—			—			16,493			—			—
Gain on sale of Madison Bank & Trust Co.		—			—			—			—			—			—			—			—			—			—			—			16,001
Charitable Foundation contribution		—			—			—			—			—			—			—			—			(29,945	)		—			—			(29,945	)
Mortgage Banking goodwill impariment charges		(180,716	)		—			—			—			—			—			—			—			—			(180,716	)		—			—
Changes in MSR model and assumptions		—			—			—			—			—			—			(55,983	)		—			—			—			(55,983	)		39,104
Securities (losses) gains, net		(4,683	)		828			(1,314	)		26,985			(13,472	)		283			990			11,716			9,084			21,816			(483	)		27,088
Total		($325,712	)		($224,165	)	$	16,306		$	30,788		$	990,938		$	21,548			($9,965	)	$	76,632			($74,509	)		($502,783	)	$	1,079,153		$	40,037
Unusual items (after tax)
Gain (loss) on the securitization of automobile receivables		—			—			—			—			—			—			—		$	2,251			($18,661	)		—		$	2,251			($18,661	)
Gain from sale of First Franklin		—			—			—			—		$	622,342			—			—			—			—			—			622,342			—
Auto lease residual recovery		—			—			—			—			—			—			—			—			—			—			—			14,528
Commercial lease residual recovery		—			—			—			—			—			—			—			—			—			—			—			3,187
Gain on sale of commercial leases		—			—			—			—			—		$	1,044		$	16,678			—			—			—			17,722			—
Principal investment gains, net	$	26,932		$	15,667		$	12,912		$	6,579			19,082			19,676			15,880			21,986			15,723		$	62,090			76,624			37,152
UAL Guarantee reversal		—			—			—			—			—			741			2,293			20,367			—			—			23,401			—
Severance and related charges		(43,056	)		(15,246	)		(1,459	)		(4,107	)		(5,777	)		(7,638	)		(5,582	)		(2,409	)		(31,934	)		(63,868	)		(21,406	)		(44,143	)
Asset impairment		—			(28,366	)		—			—			—			—			—			—			—			(28,366	)		—			—
Settlement of litigation		—			(16,250	)		—			—			—			—			—			—			—			(16,250	)		—			—
VISA indemnification liability		(85,800	)		(108,000	)		—			—			—			—			—			—			—			(193,800	)		—			—
Gain on sale of Illinios Quad Cities branches		10,720			—			—			—			—			—			—			—			—			10,720			—			—
Gain on sale of Madison Bank & Trust Co.		—			—			—			—			—			—			—			—			—			—			—			10,401
Charitable Foundation contribution		—			—			—			—			—			—			—			—			(19,464	)		—			—			(19,464	)
Mortgage Banking goodwill impariment charges		(161,589	)		—			—			—			—			—			—			—			—			(161,589	)		—			—
Changes in MSR model and assumptions		—			—			—			—			—			—			(36,389	)		—			—			—			(36,389	)		25,418
Tax accrual adjustments		14,964			(5,090	)		(12,357	)		7,158			4,896			12,299			(4,060	)		9,991			22,141			4,675			23,126			7,442
Securities (losses) gains, net		(3,043	)		538			(854	)		17,540			(8,756	)		184			643			7,615			5,904			14,181			(314	)		17,607
Total		($240,872	)		($156,747	)		($1,758	)	$	27,170		$	631,787		$	26,306			($10,537	)	$	59,801			($26,291	)		($372,207	)	$	707,357		$	33,467
Average assets	$	152,566		$	145,095		$	138,587		$	137,810		$	136,893		$	138,434		$	140,019		$	139,396		$	142,983		$	143,559		$	138,678		$	141,556
Average equity		13,554			12,636			12,231			14,398			13,388			12,687			12,565			12,468			12,549			13,200			12,779			12,765
Average core deposits		87,164			81,484			77,964			76,322			70,717			69,419			69,434			67,979			68,160			80,765			69,395			67,869
Average total deposits		98,299			93,502			90,024			87,847			84,522			83,507			82,807			82,987			84,018			92,450			83,460			82,743
Return on average assets		—			—			1.00	%		.94	%		2.44	%		1.51	%		1.35	%		1.33	%		1.10	%		.22	%		1.66	%		1.40	%
Return on average total equity		—			—			11.37			8.99			24.94			16.46			15.10			14.92			12.59			2.38			18.00			15.55
Efficiency ratio		91.86	%		80.89	%		63.76			66.50			42.64			58.59			60.04			62.18			64.14			75.46			54.45			58.95

35

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

	December		November		October		September		August		July		June		May		April		March		February		January		December
	2007		2007		2007		2007		2007		2007		2007		2007		2007		2007		2007		2007		2006
ASSETS
Available for sale securities, at cost	$	8,730	$	8,841	$	8,907	$	8,963	$	7,368	$	7,210	$	7,126	$	7,112	$	7,191	$	7,434	$	7,762	$	7,923	$	7,709
Portfolio loans:
Commercial	$	30,629	$	30,055	$	29,571	$	29,172	$	28,507	$	28,187	$	28,160	$	28,207	$	27,682	$	27,175	$	26,868	$	26,956	$	26,725
Commercial leases		4,402		4,397		4,370		4,255		4,187		4,264		4,123		4,046		4,013		3,951		3,979		4,012		3,892
Commercial construction		9,032		8,938		8,736		8,595		8,108		7,984		7,879		7,862		7,820		7,723		7,606		7,503		7,166
Commercial real estate		14,745		14,560		14,573		14,607		13,091		12,979		12,952		12,939		12,867		12,890		13,021		13,022		12,376
Residential real estate:
Bank portfolio and other		14,850		14,246		14,183		13,912		10,603		10,540		10,379		10,274		10,200		10,104		9,946		9,521		7,768
First Franklin(1)		6,023		6,237		6,453		6,653		6,910		7,192		7,433		7,725		7,968		8,379		6,802		7,222		7,685
Home equity installment		8,933		8,655		8,687		8,719		8,807		6,389		6,435		6,389		6,350		6,349		6,368		6,397		6,408
Total residential real estate loans		29,806		29,138		29,323		29,284		26,320		24,121		24,247		24,388		24,518		24,832		23,116		23,140		21,861
Home equity lines of credit		18,098		17,925		17,636		17,450		15,644		13,791		13,829		13,985		14,217		14,376		14,115		14,707		14,721
Credit card and other unsecured lines of credit		3,787		3,633		3,555		3,456		3,352		3,264		3,207		3,105		2,986		2,953		3,046		3,061		2,859
Other consumer		4,452		4,529		4,553		4,581		3,769		4,571		5,175		5,392		5,458		5,467		5,498		5,484		5,462
Total portfolio loans	$	114,951	$	113,175	$	112,317	$	111,400	$	102,978	$	99,161	$	99,572	$	99,924	$	99,561	$	99,367	$	97,249	$	97,885	$	95,062
Loans held for sale or securitization:
Commercial	$	151	$	122	$	200	$	103	$	87	$	49	$	38	$	42	$	31	$	43	$	38	$	35	$	33
Commercial real estate		354		280		340		317		439		398		287		210		181		120		149		250		91
Residential real estate:
National City Mortgage		4,766		7,372		8,522		9,175		8,421		8,181		8,051		7,746		7,216		6,450		6,279		6,283		5,843
First Franklin(1)		—		—		—		—		—		—		—		—		—		96		1,671		1,703		5,571
Home equity installment		—		563		711		718		1,176		2,534		2,070		1,836		1,511		879		926		1,306		959
Total residential real estate loans held for sale		4,766		7,935		9,233		9,893		9,597		10,715		10,121		9,582		8,727		7,425		8,876		9,292		12,373
Credit card loans		—		—		—		—		—		—		—		—		—		260		425		425		253
Home equity lines of credit		58		651		949		1,102		1,526		3,664		3,075		2,986		2,555		2,121		2,789		3,109		2,682
Student loans		—		—		1		1		2		1		1		1		1		—		—		—		1
Total loans held for sale or securitization	$	5,329	$	8,988	$	10,723	$	11,416	$	11,651	$	14,827	$	13,522	$	12,821	$	11,495	$	9,969	$	12,277	$	13,111	$	15,433
LIABILITIES
Deposits:
Noninterest bearing	$	16,907	$	16,791	$	17,001	$	16,999	$	16,389	$	16,692	$	16,871	$	16,726	$	17,034	$	17,604	$	16,268	$	16,566	$	17,101
NOW and money market accounts		38,057		37,755		37,167		36,904		34,502		33,950		33,809		33,368		33,857		33,394		32,549		31,800		30,343
Savings accounts		2,894		2,947		2,927		3,023		2,152		2,214		2,290		2,338		2,406		2,477		2,459		2,366		1,889
Consumer time		29,443		29,686		29,919		29,989		26,073		25,740		25,292		25,031		24,884		24,629		24,459		24,338		23,641
Core deposits		87,301		87,179		87,014		86,915		79,116		78,596		78,262		77,463		78,181		78,104		75,735		75,070		72,974
Other		3,515		3,798		3,641		3,688		3,401		3,145		3,188		3,395		3,568		3,641		3,952		4,179		4,320
Foreign		7,560		7,226		7,660		7,210		8,145		10,428		9,196		9,372		7,440		7,261		7,575		7,968		7,840
Total deposits	$	98,376	$	98,203	$	98,315	$	97,813	$	90,662	$	92,169	$	90,646	$	90,230	$	89,189	$	89,006	$	87,262	$	87,217	$	85,134
Federal funds borrowed and security repurchase agreements	$	5,929	$	6,324	$	6,596	$	6,103	$	6,085	$	6,338	$	7,098	$	6,567	$	6,031	$	5,288	$	5,264	$	4,681	$	6,405
Borrowed funds		2,420		1,626		2,021		2,612		2,816		2,350		2,943		3,062		2,588		1,264		1,232		1,223		1,290
Long-term debt		27,843		28,167		28,014		29,156		26,661		23,194		23,164		22,883		23,297		24,233		25,018		26,229		26,251
Memo:
Noninterest bearing escrow balances	$	3,449	$	3,569	$	3,658	$	3,636	$	3,720	$	3,782	$	3,909	$	3,759	$	3,620	$	3,448	$	3,379	$	3,329	$	4,004
Interest bearing escrow balances		170		165		160		156		157		158		156		153		155		157		153		150		135
Noninterest bearing deposits excluding escrow balances		13,458		13,222		13,343		13,363		12,669		12,910		12,962		12,967		13,414		14,156		12,889		13,237		13,097
Core deposits excluding escrow balances		83,682		83,445		83,196		83,123		75,239		74,656		74,197		73,551		74,406		74,499		72,203		71,591		68,835

⁽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.

36

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

	December		November		October		September		August		July		June			May		April		March		February		January		December
	2007		2007		2007		2007		2007		2007		2007			2007		2007		2007		2007		2007		2006
CHARGE-OFFS & RECOVERIES
Charge-offs:
Commercial	$	13	$	17	$	13	$	8	$	3	$	6	$	5		$	6	$	3	$	7	$	3	$	2	$	23
Commercial leases		5		4		3		1		4		3		3			2		11		20		1		1		2
Commercial construction		11		5		2		4		2		4		2			3		—		4		1		—		11
Commercial real estate		7		6		6		4		2		1		1			1		1		2		1		—		5
Residential real estate		51		38		33		23		37		11		23			22		10		45		11		12		20
Home equity lines of credit		19		13		12		18		10		6		6			8		6		1		9		13		12
Credit card and other unsecured lines of credit		14		12		10		10		9		10		10			9		9		11		12		12		10
Other consumer		10		7		8		6		4		3		5			4		4		5		5		4		5
Total charge-offs		130		102		87		74		71		44		55			55		44		95		43		44		88
Recoveries:
Commercial		2		1		4		3		1		2		2			1		2		2		1		2		4
Commercial leases		2		1		1		—		2		1		3			2		1		3		1		2		1
Commercial construction		—		—		—		—		—		—		—			—		—		—		—		—		1
Commercial real estate		—		1		—		1		—		3		(1	)		1		4		1		—		—		1
Residential real estate		9		4		1		9		9		2		3			14		5		1		2		2		3
Home equity lines of credit		2		3		2		2		3		2		4			2		2		3		2		1		1
Credit card and other unsecured lines of credit		2		1		1		1		1		1		2			1		1		2		2		1		1
Other consumer		2		3		2		1		2		2		3			2		2		2		2		3		1
Total recoveries		19		14		11		17		18		13		16			23		17		14		10		11		13
Net charge-offs	$	111	$	88	$	76	$	57	$	53	$	31	$	39		$	32	$	27	$	81	$	33	$	33	$	75
NONPERFORMING ASSETS
Commercial	$	149	$	155	$	156	$	142	$	144	$	122	$	117		$	100	$	103	$	107	$	100	$	89	$	92
Commercial leases		6		9		7		10		9		7		8			4		6		13		34		34		32
Commercial construction		301		258		235		234		144		111		108			109		119		119		111		113		109
Commercial real estate		189		192		185		181		166		140		138			115		124		118		115		109		111
Residential real estate:
National City Mortgage and other		307		257		258		193		150		128		116			106		113		111		114		100		91
First Franklin (1)		119		101		89		86		86		85		75			82		82		68		68		67		65
Total real estate — residential		426		358		347		279		236		213		191			188		195		179		182		167		156
Home equity lines of credit		19		16		21		15		—		—		—			—		—		—		—		—		—
Total nonperforming portfolio loans		1,090		988		951		861		699		593		562			516		547		536		542		512		500
Other real estate owned (OREO):
Commercial		15		6		4		4		3		3		3			—		—		—		—		1		1
Residential real estate:
National City Mortgage and other		99		86		79		72		57		55		58			56		54		54		57		50		49
GMNA insured		58		55		59		58		51		52		56			64		70		67		65		63		60
First Franklin (1)		242		229		204		179		172		163		157			133		130		136		95		98		116
Total real estate — residential		399		370		342		309		280		270		271			253		254		257		217		211		225
Other		10		10		10		11		11		11		10			8		6		6		6		6		3
Total OREO		424		386		356		324		294		284		284			261		260		263		223		218		229
Mortgage loans held for sale and other		9		26		25		26		27		1		2			1		1		2		7		6		3
Total Nonperforming Assets	$	1,523	$	1,400	$	1,332	$	1,211	$	1,020	$	878	$	848		$	778	$	808	$	801	$	772	$	736	$	732
LOANS 90+ DAYS PAST DUE ACCRUING INTEREST
Commercial	$	38	$	39	$	41	$	42	$	36	$	47	$	45		$	46	$	27	$	46	$	28	$	27	$	31
Commercial leases		—		—		—		—		—		—		—			1		1		—		—		—		—
Commercial construction		87		69		72		66		85		71		66			41		21		30		19		11		13
Commercial real estate		51		52		41		57		38		33		38			42		20		31		21		22		18
Residential real estate:
National City Mortgage and other		748		615		494		418		330		280		249			216		191		170		149		152		137
First Franklin (1)		808		785		739		734		654		636		619			638		638		644		581		565		567
Total real estate — residential		1,556		1,400		1,233		1,152		984		916		868			854		829		814		730		717		704
Home equity lines of credit		102		89		59		55		48		29		27			31		49		47		49		44		37
Credit card and other unsecured lines of credit		46		41		37		34		30		29		28			30		29		35		37		37		35
Other consumer		17		16		13		11		9		9		9			9		8		10		10		11		11
Mortgage loans held for sale and other		16		25		59		43		33		41		28			18		18		19		117		108		89
Total Loans 90+ Days Past Due	$	1,913	$	1,731	$	1,555	$	1,460	$	1,263	$	1,175	$	1,109		$	1,072	$	1,002	$	1,032	$	1,011	$	977	$	938

⁽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
CAPITALIZATION (Period End)
(In millions, except per share data)

	December			November		October			September			August			July		June		May			April			March			February			January			December
	2007			2007		2007			2007			2007			2007		2007		2007			2007			2007			2007			2007			2006
COMMON STOCK ROLLFORWARD
Beginning balance		633.8			633.8		633.3			567.4			567.6			566.3		566.1		575.8			595.5			649.9			648.1			632.4			602.6
Shares issued under stock award plans		.2			—		.6			.4			.1			1.3		.2		.1			.5			1.4			2.2			2.2			.4
Shares issued for acquisitions		—			—		—			66.6			—			—		—		—			—			—			—			13.7			29.5
Shares repurchased under repurchase authorizations		—			—		(.1	)		(1.0	)		—			—		—		(9.8	)		(20.1	)		(55.2	)		—			—			—
Shares exchanged for stock award plans		(.1	)		—		—			(.1	)		(.3	)		—		—		—			(.1	)		(.6	)		(.4	)		(.2	)		(.1	)
Ending balance		633.9			633.8		633.8			633.3			567.4			567.6		566.3		566.1			575.8			595.5			649.9			648.1			632.4
COMMON STOCK REPURCHASE ACTIVITY
Number of common shares repurchased(1)		—			—		.1			1.0			—			—		—		9.8			20.1			55.2			—			—			—
Average price per share of repurchased common shares		—			—	$	26.22		$	25.77			—			—		—	$	35.86		$	36.76		$	38.30			—			—			—
Total cost		—			—	$	2.6		$	25.8			—			—		—	$	349.3		$	740.1		$	2,113.7			—			—			—
Common shares remaining under authorization(1)		37.6			37.6		37.6			37.7			38.7			38.7		38.7		38.7			48.5			28.6			43.5			43.5			43.5
Shares outstanding:
Average basic		633.0			633.3		633.2			633.3			566.8			565.8		565.5		569.6			583.2			605.2			648.2			643.3			631.2
Average diluted		633.0			635.8		633.2			633.3			570.2			571.4		572.4		577.3			591.6			613.7			657.6			651.9			640.0

⁽¹⁾ 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⁾

	December		November		October		September		August		July		June		May		April		March		February		January		December
	2007		2007		2007		2007		2007		2007		2007		2007		2007		2007		2007		2007		2006
Line of business staff:
Retail Banking		14,963		15,011		14,898		15,043		13,777		13,672		13,640		13,527		13,470		13,416		13,375		13,424		12,843
Commercial Banking-Regional		1,387		1,385		1,417		1,416		1,368		1,361		1,343		1,355		1,346		1,361		1,344		1,343		1,292
Commercial Banking-National		1,096		1,108		1,125		1,126		1,120		1,121		1,109		1,115		1,110		1,115		1,117		1,112		1,103
Mortgage Banking		5,859		6,274		6,766		7,210		7,452		7,508		7,599		7,627		7,660		7,371		7,370		7,342		7,289
Asset Management		1,533		1,545		1,564		1,568		1,553		1,534		1,528		1,518		1,520		1,532		1,514		1,518		1,513
Corporate support staff(2)		7,226		7,481		7,603		7,661		7,326		7,285		7,226		7,184		7,217		7,516		7,557		7,507		7,230
Total Employees		32,064		32,804		33,373		34,024		32,596		32,481		32,445		32,326		32,323		32,311		32,277		32,246		31,270

(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.

38

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

	December		November		October		September		August		July		June		May		April		March		February		January		December
	2007		2007		2007		2007		2007		2007		2007		2007		2007		2007		2007		2007		2006
Average Total Deposits(1)	$	73,217	$	73,091	$	72,653	$	72,565	$	65,251	$	64,730	$	64,334	$	63,789	$	63,814	$	63,025	$	62,154	$	61,280	$	56,932
DEPOSIT ACCOUNT METRICS(1)(2)
Personal Deposits:
Noninterest Bearing Checking
Average total balance	$	3,442	$	3,403	$	3,421	$	3,508	$	3,197	$	3,244	$	3,318	$	3,355	$	3,524	$	3,444	$	3,345	$	3,219	$	2,997
Number of accounts(3)		1,804		1,808		1,813		1,816		1,813		1,805		1,796		1,782		1,779		1,782		1,776		1,781		1,685
Interest Bearing Checking
Average total balance	$	9,489	$	9,319	$	9,206	$	9,301	$	8,726	$	8,760	$	8,914	$	8,927	$	9,218	$	9,013	$	8,829	$	8,765	$	8,256
Number of accounts(3)		1,149		1,157		1,161		1,165		1,167		1,171		1,175		1,176		1,179		1,183		1,180		1,168		1,127
Money Market Savings
Average total balance	$	18,876	$	18,713	$	18,299	$	17,950	$	16,521	$	16,266	$	16,069	$	15,809	$	15,574	$	15,396	$	15,052	$	14,714	$	14,044
Number of accounts(3)		1,407		1,373		1,332		1,293		1,241		1,200		1,154		1,109		1,066		1,019		1,024		997		972
Regular savings
Average total balance	$	2,616	$	2,651	$	2,634	$	2,728	$	1,845	$	1,915	$	1,984	$	2,029	$	2,066	$	2,069	$	2,058	$	1,996	$	1,532
Number of accounts(3)		492		499		507		517		525		537		551		559		567		575		583		589		534
Business Deposits:
Average total balance	$	9,490	$	9,539	$	9,402	$	9,289	$	8,949	$	8,827	$	8,797	$	8,630	$	8,563	$	8,486	$	8,409	$	8,305	$	7,869
Number of accounts(3)		450		450		448		447		444		443		441		438		436		434		433		431		405
Time Deposits:
Average total balance	$	28,438	$	28,594	$	28,846	$	28,952	$	25,195	$	24,871	$	24,429	$	24,181	$	24,011	$	23,743	$	23,579	$	23,478	$	21,480
Number of accounts(3)		1,068		1,084		1,087		1,128		1,120		1,120		1,123		1,117		1,111		1,110		1,132		1,129		1,055
CONSUMER LOAN PRODUCTION METRICS (# of loans)(2)(4)
Installment loan originations:
Home equity(5)		780		1,099		1,300		1,599		1,933		2,085		2,315		2,440		2,191		2,116		1,992		1,608		1,718
Other(6)		1,777		2,175		2,605		2,436		3,015		3,045		2,841		2,868		2,654		2,487		1,591		1,943		1,814
Home equity and other lines of credit		9,827		12,245		8,848		6,669		7,648		6,806		7,748		7,493		6,833		6,825		5,387		4,911		5,355
Total consumer loan originations		12,384		15,519		12,753		10,704		12,596		11,936		12,904		12,801		11,678		11,428		8,970		8,462		8,887
BANK BRANCHES AND OTHER
Total bank branches		1,446		1,445		1,442		1,442		1,360		1,359		1,357		1,358		1,358		1,357		1,361		1,357		1,303
ATMs		2,223		2,227		2,226		2,225		2,106		2,102		2,101		2,096		2,098		2,098		2,092		2,088		2,013
Online banking customers		2,207,194		2,160,343		2,104,234		2,053,894		1,949,479		1,908,990		1,872,661		1,828,397		1,795,588		1,760,334		1,720,157		1,692,859		1,680,939

(1)	Restated to reflect the reassignment of certain deposits with the Commercial Banking-Regional line of business.
(2)	Excludes Education Finance and National City Card Services. Additionally, home equity loans generated by the Mortgage Banking line of business are excluded from the consumer loan production metrics.
(3)	Represents period-end number of accounts in thousands.
(4)	Includes amounts associated with the Harbor and Fidelity acquisitions beginning April 2007. Additionally, excludes amounts associated with the MAF acquisition.
(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.

39

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

	December			November			October			September			August			July			June			May		April			March			February			January		December
	2007			2007			2007			2007			2007			2007			2007			2007		2007			2007			2007			2007		2006
ASSETS UNDER ADMINISTRATION
Managed assets:
Value at beginning of period	$	64,368		$	65,323		$	65,587		$	64,037		$	62,927		$	64,560		$	63,703		$	62,136	$	62,186		$	61,929		$	62,322		$	61,369	$	61,805
Acquisition		—			—			—			—			—			—			—			—		—			—			—			99		—
Estimated change due to market impact		(133	)		(1,227	)		719			1,553			732			(860	)		(113	)		1,207		1,199			541			(117	)		491		28
Other activity, net		276			272			(983	)		(3	)		378			(773	)		970			360		(1,249	)		(284	)		(276	)		363		(464	)
Value at end of period		64,511			64,368			65,323			65,587			64,037			62,927			64,560			63,703		62,136			62,186			61,929			62,322		61,369
Non-managed assets:
Value at beginning of period		51,242			51,913			51,277			50,698			51,610			52,886			54,400			53,155		51,729			51,544			51,326			50,823		51,831
Acquisition		—			—			—			—			—			—			—			—		—			—			—			19		—
Estimated change due to market impact		(302	)		(859	)		542			981			293			(993	)		(361	)		770		1,154			606			(66	)		450		744
Other activity, net		(657	)		188			94			(402	)		(1,205	)		(283	)		(1,153	)		475		272			(421	)		284			34		(1,752	)
Value at end of period		50,283			51,242			51,913			51,277			50,698			51,610			52,886			54,400		53,155			51,729			51,544			51,326		50,823
Total assets at end of period	$	114,794		$	115,610		$	117,236		$	116,864		$	114,735		$	114,537		$	117,446		$	118,103	$	115,291		$	113,915		$	113,473		$	113,648	$	112,192
Proprietary mutual fund assets(included above)	$	13,354		$	13,199		$	13,060		$	13,492		$	13,303		$	13,083		$	13,339		$	13,256	$	12,984		$	13,247		$	13,089		$	12,999	$	12,672

MORTGAGE BANKING STATISTICS
($ in millions)

	December			November			October			September			August			July			June			May			April			March			February			January			December
	2007			2007			2007			2007			2007			2007			2007			2007			2007			2007			2007			2007			2006
ORIGINATION AND SALES DATA
Applications(1)	$	3,524		$	5,037		$	5,710		$	6,157		$	6,662		$	8,366		$	8,246		$	8,402		$	8,070		$	8,941		$	6,725		$	6,700		$	6,214
Percentage of applications represented by refinances		63	%		59	%		52	%		52	%		47	%		50	%		48	%		51	%		53	%		54	%		55	%		59	%		63	%
Originations:
Retail	$	1,700		$	1,612		$	1,778		$	1,626		$	2,283		$	2,336		$	2,598		$	2,616		$	2,541		$	2,508		$	2,014		$	2,158		$	2,302
Wholesale		899			944			1,646			1,441			1,951			2,247			2,162			2,145			2,176			1,887			1,432			1,834			1,669
Less: loan originations for portfolio and other units		(124	)		(145	)		(156	)		(148	)		(330	)		(402	)		(436	)		(428	)		(384	)		(389	)		(333	)		(363	)		(377	)
Total originations for sale	$	2,475		$	2,411		$	3,268		$	2,919		$	3,904		$	4,181		$	4,324		$	4,333		$	4,333		$	4,006		$	3,113		$	3,629		$	3,594
Percentage of originations represented by refinances		56	%		47	%		50	%		44	%		44	%		45	%		45	%		51	%		55	%		54	%		59	%		63	%		59	%
Loan Sales:
Loans sold servicing retained	$	4,208		$	4,252		$	3,280		$	2,682		$	3,626		$	3,275		$	3,777		$	3,277		$	2,673		$	3,107		$	2,710		$	2,784		$	2,377
Loans sold servicing released		76			130			28			67			84			304			200			229			341			286			181			202			328
Total loan sales	$	4,284		$	4,382		$	3,308		$	2,749		$	3,710		$	3,579		$	3,977		$	3,506		$	3,014		$	3,393		$	2,891		$	2,986		$	2,705
SERVICING DATA
Mortgage loans serviced for third parties	$	179,437		$	177,435		$	174,925		$	173,682		$	169,668		$	168,573		$	167,357		$	166,014		$	165,223		$	164,733		$	164,051		$	163,377		$	162,264
HOME EQUITY SALE DATA(2)
HELOCs sold servicing retained	$	160		$	340			—			—		$	684			—		$	394			—		$	69		$	633		$	803		$	346			—
HELOCs sold servicing released		—			—			—			—			—			—			—			—			—			—			—			—			—
HELOANs sold servicing retained		—			—			—			—			—			—			323		$	348			—			399			726			—			—
HELOANs sold servicing released		—			303			—			—			—		$	217			—			—			—			—			—			—			—
Total sales	$	160		$	643			—			—		$	684		$	217		$	717		$	348		$	69		$	1,032		$	1,529		$	346			—

(1)	Includes loans originated for sale and held in portfolio.
(2)	Represents loans originated by the former National Home Equity business unit.

40

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

	December			November			October			September			August			July			June			May			April			March			February			January			December
	2007			2007			2007			2007			2007			2007			2007			2007			2007			2007			2007			2007			2006
RESIDENTIAL REAL ESTATE
NONCONFORMING LOANS(1):
Period-end portfolio balance	$	6,012		$	6,227		$	6,442		$	6,648		$	6,887		$	7,181		$	7,419		$	7,716		$	7,953		$	8,217		$	6,495		$	6,983		$	7,480
Weighted-average note rate		8.24	%		8.21	%		8.19	%		8.18	%		8.08	%		8.02	%		8.00	%		7.98	%		7.92	%		7.91	%		7.88	%		7.83	%		7.98	%
Weighted-average loan size	$	93,812		$	93,713		$	93,582		$	93,460		$	93,592		$	93,756		$	92,321		$	92,875		$	93,539		$	94,261		$	91,019		$	91,761		$	92,690
Weighted-average credit score(2)(3)		625			625			624			624			624			624			624			624			627			628			628			629			629
First-lien weighted-average loan-to-value ratio(4)		78.18	%		78.20	%		78.20	%		78.21	%		78.23	%		78.22	%		77.17	%		77.23	%		77.34	%		77.38	%		77.61	%		77.63	%		77.70	%
Net charge-offs	$	15		$	12		$	12		$	1		$	18		$	4		$	17		$	8			—		$	40		$	6		$	7		$	8
Loans 90 days past due		808			785			739			734			654			636			619			638		$	638			642			580			564			566
Portfolio delinquency rate		28.92	%		27.23	%		27.61	%		24.49	%		23.71	%		22.88	%		21.37	%		20.97	%		19.35	%		20.89	%		21.08	%		20.82	%		20.92	%
HOME EQUITY LOANS(HELOAN)(5):
Period-end portfolio balance	$	3,732		$	3,784		$	3,448		$	3,486		$	3,509		$	1,232		$	1,258		$	1,303		$	1,302		$	1,331		$	1,350		$	1,387		$	1,412
Weighted-average credit score(2)(3)		725			725			727			729			734			738			738			738			738			737			738			738			738
Weighted-average cumulative loan-to-value ratio(6)		89.74	%		89.13	%		89.15	%		89.19	%		89.19	%		89.21	%		89.24	%		89.26	%		89.30	%		89.35	%		89.34	%		89.37	%		89.38	%
Net charge-offs	$	12		$	8		$	5		$	4		$	3			—		$	1			—		$	1		$	1			—			—			—
Loans 90 days past due		40			32			26			15			10		$	2			2		$	1			1			1		$	1		$	1		$	1
HOME EQUITY LINES OF CREDIT(HELOC)(5):
Period-end portfolio balance	$	7,475		$	7,565		$	7,328		$	7,187		$	7,336		$	4,768		$	5,025		$	5,084		$	5,241		$	5,424		$	5,541		$	5,748		$	5,928
Weighted-average credit score(2)(3)		725			725			726			728			724			729			730			730			730			729			729			729			731
Weighted-average cumulative loan-to-value ratio(6)		83.70	%		78.24	%		78.23	%		78.23	%		78.26	%		78.24	%		78.09	%		79.40	%		79.51	%		79.59	%		79.55	%		79.51	%		79.54	%
Utilization rate		59	%		49	%		51	%		50	%		49	%		47	%		46	%		47	%		47	%		48	%		48	%		49	%		49	%
Net charge-offs	$	13		$	7		$	7		$	14		$	5		$	2		$	2		$	4		$	1		$	4		$	1		$	5		$	7
Loans 90 days past due		62			52			36			29			31			14			13			17			18			21			22			21			19

(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)	Represents loans originated by the former National Home Equity business unit. 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.

41

EX-99.3

Exhibit 99.3

Supplemental Data for Earnings Conference Call January 22, 2008

This presentation contains forward-looking statements. Forward looking statements, written or oral, 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 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, including the residential and commercial real estate markets; the timing, pricing and effects on the Company of the proposed Visa Inc. initial public offering; changes in interest rates, including interest rate resets; and changes in the competitive environment. Additional risks and uncertainties and other financial information concerning factors that could cause actual results to differ materially from those expressed or implied in 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 State Securities and Exchange Commission (SEC). Copies of these filing are available at no cost on the SEC's Web site at www.sec.gov or on the Corporation's Web site at www.nationalcity.com. Management may elect to update forward looking statements at some future point; however, it specifically disclaims any obligation to do so. Forward-Looking Statements

Today's Discussion 4Q07 Results Credit Performance and Trends Capital Perspectives on 2008

Review of 4th Quarter Significant Charges Building reserves in challenging credit environment $691mm provision vs. $275mm net charge-offs $.43 Largely contained in liquidating portfolios Losses on mortgage loans held for sale $154mm losses taken $.16 Warehouse clean and significantly reduced Curtailed non-agency and eliminated broker mortgage originations Charges related to restructuring activities $181mm mortgage goodwill impairment $.26 $66mm severance and outplacement costs $.07 Visa indemnification charge $132mm accrual ($289mm FY07) $.14 Positioning National City in a challenging environment Earnings per share: $(.53) Impact on 4Q EPS

Held for Sale Residential Real Estate and Home Equity Loan Type 9/30/07 12/31/07 Loan Type Carrying Value (in millions) Carrying Value (in millions) Agency eligible mortgages $6,730 $2,672 Non-agency first lien, sale pending 1,402 81 Other non-agency first liens 769 984 Sub-total firsts 8,901 3,737 Second liens, sale pending 1,122 0 Other second liens 358 4 HELOCs, sale pending 1,032 0 Other HELOCs 45 0 Sub-total seconds 2,557 4 Total Held for Sale $11,458 $3,741 Change in mortgage model to agency eligible loans significantly reduces risk profile and results in a clean warehouse

Review of Recent Developments Ratio 4Q07 Level Target Range TCE / TA 5.28% 5.00 - 6.00% Tier 1 Ratio 6.52% 7.00 - 8.00% Strengthen capital ratios & "right size" Mortgage Banking Quarterly dividend reduced to $.21/share from $.41/share Intention to issue Tier 1 capital in 1Q 2008 Build capital levels to upper end of target ranges: Eliminated 3,400 positions across company Exited all broker-based mortgage lending Eliminated or restricted production of non-agency eligible mortgage loans Expect mortgage originations in 2008 of $15-$20B vs. $47B in 2007

Credit Performance and Trends Solid performance in the continuing franchise - $98.8B book $35B C&I - 31bp net charge-offs In footprint business $24B CRE - 28bp net charge-offs $4.5B exposure to Residential Development; $1B displaying higher NPA levels $31B Residential Real Estate $16B Branch and Direct Home Equity (36bp net charge-offs) $12B First Mortgage (17bp net charge-offs) $3B Construction book with outsized exposure to FL & CA $8B Other Consumer $4b Credit Card and Unsecured Revolving (342bp net charge-offs) Net charge-offs for full year 2007

Credit Performance and Trends - cont'd Higher loss content in the liquidating residential real estate portfolios Non-prime mortgage (2007 net charge-offs 197bp) $4.5B first mortgage, $1.5B seconds Substantial level of ARM resets in 2007 4Q07 paydowns of $474 million National Home Equity (2007 net charge-offs 118bp) $5B originated for portfolio (4Q07 net charge-offs 100bp) $6B originated for sale, transferred to portfolio (4Q07 net charge-offs 279bp) Reserve building actions taken Allowance for loan losses increased to $1.76B, 1.52% of loans vs. 1.18% of loans at 12/06 $630 million increase from 12/06 Increased loss content in liquidating residential portfolios = reserve building

2007 Credit Performance Commercial Commercial Consumer Total Liquidating Total NCC C&I CRE Branch and Direct Lending Total Liquidating Total NCC 12/31/07 Balances ($MM) $35,352 $23,934 $39,517 $98,803 $17,219 $116,022 2007 Net Charge-offs 102 60 259 421 240 661 Net Charge-offs to Loans .31% .28% .75% .48% 1.56% .64%

Loan Portfolio - December 31, 2007 ($ in millions)

Commercial Real Estate Residential Development Residential Dev 4491 Other CRE 10670 Owner Occupied 8773 Other Commercial Real Estate FL+MI 1137 Rest 3354 Florida and Michigan Residential Development Exposure - $4,491 Total Portfolio - $23,934 Owner Occupied December 31, 2007 $ in millions

Commercial Real Estate - cont'd Commercial Real Estate Loans As of December 31, 2007 ($ in millions)

Consumer and Residential Real Estate $39,517 $17,219 $56,736

4Q06 1Q07 2Q07 3Q07 4Q07 Branch and Direct 0.32 0.32 0.17 0.23 0.36 NHE for Portfolio 0.95 0.65 0.57 0.63 1 NHE for Sale 1.23 2.79 Other Consumer 0.73 0.5 0.48 0.67 1.68 0.384 0.119 -0.021 National Processing 0.02 0 0 Home Equity Overview 4Q06 1Q07 2Q07 3Q07 4Q07 Branch and Direct 0.14 0.12 0.15 0.18 0.26 NHE for Portfolio 0.32 0.33 0.24 0.43 0.6 NHE for Sale 0.33 1.26 Other Consumer 0.73 0.5 0.48 0.67 1.68 0.384 0.119 -0.021 National Processing 0.02 0 0 NCOs / Average Loans 90+ Past Due/ Loans Direct Home Equity NHE Portfolio NHE Sale 15.7 4.8 6.4 NHE originated for portfolio $4.8B Branch and Direct $15.7B NHE originated for sale* $6.4B Total Home Equity - $26.9B * transferred to portfolio in 2007

Branch and Direct Home Equity $10.6 Billion - Lines of Credit $10.6 Billion - Lines of Credit $10.6 Billion - Lines of Credit $10.6 Billion - Lines of Credit LTV ^ 80% LTV 81 - 90% LTV > 90% FICO > 730 31% 24% 8% FICO > 680 FICO ^ 729 9% 10% 4% FICO < 680 6% 5% 3% $5.1 Billion - Loans $5.1 Billion - Loans $5.1 Billion - Loans $5.1 Billion - Loans LTV ^ 80% LTV 81 - 90% LTV > 90% FICO > 730 38% 15% 10% FICO > 680 FICO ^ 729 10% 7% 4% FICO < 680 8% 5% 3% $ in millions 4Q07 3Q07 2Q07 1Q07 4Q06 Net C/O - $ $14 $9 $6 $11 $11 Net C/O - % .36% .23% .17% .32% .32% 90 Days+ Past Due - $ $41 $28 $21 $17 $19 90 Days+ Past Due - % .26% .18% .15% .12% .14% As of December 31, 2007 LTV and FICO data does not include MAF or Private Client $15.7B, originated through Branch and Direct Channels

National Home Equity - 6/2005 and prior $4.1 Billion Lines of Credit $4.1 Billion Lines of Credit $4.1 Billion Lines of Credit $4.1 Billion Lines of Credit LTV ^ 80% LTV 81 - 90% LTV > 90% FICO > 730 20% 10% 28% FICO > 680 FICO ^ 729 8% 4% 12% FICO < 680 6% 3% 9% $.7 Billion Loans $.7 Billion Loans $.7 Billion Loans $.7 Billion Loans LTV ^ 80% LTV 81 - 90% LTV > 90% FICO > 730 10% 29% 31% FICO > 680 FICO ^ 729 3% 8% 7% FICO < 680 2% 6% 4% $ in millions 4Q07 3Q07 2Q07 1Q07 Net C/O - $ $12 $8 $9 $11 Net C/O - % 1.00% .63% .57% .65% 90 Days+ Past Due - $ 29 22 $15 $22 90 Days+ Past Due - % .60% .43% .24% .33% As of December 31, 2007 Originated for portfolio: $4.8 billion

National Home Equity - 7/2005 - 2007 $3.4 Billion Lines of Credit $3.4 Billion Lines of Credit $3.4 Billion Lines of Credit $3.4 Billion Lines of Credit LTV ^ 80% LTV 81 - 90% LTV > 90% FICO > 730 17% 7% 26% FICO > 680 FICO ^ 729 9% 5% 18% FICO < 680 5% 2% 11% $3.0 Billion Loans $3.0 Billion Loans $3.0 Billion Loans $3.0 Billion Loans LTV ^ 80% LTV 81 - 90% LTV > 90% FICO > 730 9% 17% 23% FICO > 680 FICO ^ 729 4% 12% 15% FICO < 680 2% 8% 11% $ in millions 4Q07 3Q07 Net C/O - $ $40 $20 Net C/O - % 2.79% 1.23% 90 Days+ Past Due - $ $73 $22 90 Days+ Past Due - % 1.26% .33% As of December 31, 2007 Originated for sale, transferred to portfolio: $6.4 billion

Branch & Direct Home Equity vs. National Home Equity Customer relationships 83% of Branch & Direct Home Equity households have more than one account (on average 4.5) 70% have deposit relationship (average balance: $20,000) Branch & Direct Home Equity borrowers have been National City customers an average of 16 years Product type Stated Income Branch and Direct Home Equity - not offered National Home Equity - 30% Origination channel Branch & Direct Home Equity - direct to customer National Home Equity - broker originated (discontinued in 2007) Branch & Direct Home Equity customer and performance characteristics are fundamentally better than the National Home Equity portfolio

Primary 78 2.19 3.47 4.29 Second 9 1.35 1.67 1.61 Investment 13 0.033 0.07 First Mortgage 27 0.234 0 Non-Prime 11 0.119 -0.021 NHE 20 0 0 Comm'l 2 Other 16 National City Mortgage - Residential Construction $2.97bn portfolio 78% primary residence Tightened underwriting end of 2006 Limited new production Average FICO 729 1Q07 2Q07 3Q07 4Q07 Primary 41 1.08 0.55 0.76 1.45 Second 36 0.48 0.36 0.67 0.81 Investment 77 3.99 3.14 3.06 3.52 Total 45 0.5 0.48 0.67 1.68 0.384 0.119 -0.021 National Processing 0.02 0 0 Primary 78% Second 9% Investment 13% 1Q07 2Q07 3Q07 4Q07 Primary 9.13 1.08 0.55 0.76 1.45 Second 8.34 0.48 0.36 0.67 0.81 Investment 16.14 3.99 3.14 3.06 3.52 Total 9.96 0.5 0.48 0.67 1.68 0.384 0.119 -0.021 National Processing 0.02 0 0 As of December 31, 2007 Summary Description Loan Breakdown Loans in FL & CA NPAs & 90+ Past Due / Loans

Non-Prime Liquidating Portfolio $ in millions 4Q07 3Q07 2Q07 1Q07 4Q06 Net C/O - $ First Lien $8 $6 $6 $6 $17 Net C/O - $ Second Lien $31 $17 $19 $47 $17 Net C/O - % First Lien .69% .48% .43% .43% .84% Net C/O - % Second Lien 7.64% 3.64% 3.65% 9.66% .84% 90 Days+ Past Due - $ First Lien $586 $561 $470 $482 $566 90 Days+ Past Due - $ Second Lien $222 $173 $149 $160 $566 90 Days+ Past Due - % First Lien 12.69% 11.10% 8.35% 8.70% 8% 90 Days+ Past Due - % Second Lien 13.69% 9.26% 7.16% 8.22% 8% As of December 31, 2007 1st Lien 2nd Lien Outstanding $4.5bn $1.5bn FICO 616 637 LTV 79% 99% Summary Description $6B portfolio 70% of portfolio has experienced first rate reset $474MM pay down in 4Q07

Strengthening Capital Reducing balance sheet size Smaller mortgage warehouse Continued decline in liquidating portfolios Closer scrutiny of non-relationship assets Capital issuance/plans Reduced dividend to $.21 per share Issue non-dilutive Tier 1 capital in 1Q08 Increasing capital levels Tier 1 - 6.52% (target range 7-8%) Tangible Common Equity - 5.28% (target range 5-6%) Move ratios to top end of target ranges National City has taken actions to strengthen itself in current / evolving environment

Overview of Initiatives for 2008 Growth in core businesses Focus on growth in core commercial, retail and wealth/asset management Continued emphasis on in-footprint / multiple relationship business Ongoing rationalization of mortgage company operations and infrastructure to match lower origination levels Focused resources on the liquidating portfolios Quicker tempo and more aggressive loss mitigation tactics Acquisition integration Systems conversion of MAF Broadening product offerings, sales processes and risk management practices Continued expense control and discipline