Exhibit 99.2

FULTON FINANCIAL CORPORATION
FINANCIAL HIGHLIGHTS (UNAUDITED)

	Quarter Ended
	June 30				Variance
	2006		2005		$			%
	(dollars in thousands, except per-share data)
INCOME SUMMARY:
Interest income	$	213,206	$	148,611	$	64,595			43.5	%
Interest expense		90,355		48,686		41,669			85.6	%
Net Interest Income		122,851		99,925		22,926			22.9	%
Provision for loan losses		875		725		150			20.7	%
Investment securities gains		1,409		1,418		(9	)		-0.6	%
Other income		34,593		36,897		(2,304	)		-6.2	%
Other expenses		90,793		78,189		12,604			16.1	%
Income Before Income Taxes		67,185		59,326		7,859			13.2	%
Income taxes		20,484		17,722		2,762			15.6	%
Net Income	$	46,701	$	41,604	$	5,097			12.3	%
PER-SHARE DATA:
Net income:
Basic	$	0.27	$	0.26	$	0.01			3.8	%
Diluted		0.27		0.25		0.02			8.0	%
Cash dividends		0.1475		0.138		0.01			6.8	%
ENDING BALANCES:
Total assets	$	14,561,545	$	11,572,284	$	2,989,261			25.8	%
Loans, net of unearned income		10,051,957		7,812,479		2,239,478			28.7	%
Deposits		10,146,652		8,138,124		2,008,528			24.7	%
Short-term borrowings		1,765,723		1,134,583		631,140			55.6	%
Long-term debt		1,024,144		951,745		72,399			7.6	%
Shareholders’ equity		1,440,188		1,196,819		243,369			20.3	%
AVERAGE BALANCES:
Total assets	$	14,218,559	$	11,419,207	$	2,799,352			24.5	%
Loans, net of unearned income		9,846,025		7,743,791		2,102,234			27.1	%
Deposits		9,991,823		8,054,163		1,937,660			24.1	%
Short-term borrowings		1,602,894		1,180,975		421,919			35.7	%
Long-term debt		1,010,744		843,727		167,017			19.8	%
Shareholders’ equity		1,439,885		1,200,421		239,464			19.9	%

NOTE: All share and per-share information has been restated for the impact of the 5% stock dividend paid in June 2006.

1

FULTON FINANCIAL CORPORATION
FINANCIAL HIGHLIGHTS (UNAUDITED)

	Six Months Ended
	June 30				Variance
	2006		2005		$			%
	(dollars in thousands, except per-share data)
INCOME SUMMARY:
Interest income	$	405,858	$	289,421	$	116,437			40.2	%
Interest expense		167,964		91,248		76,716			84.1	%
Net Interest Income		237,894		198,173		39,721			20.0	%
Provision for loan losses		1,875		1,525		350			23.0	%
Investment securities gains		4,074		4,733		(659	)		-13.9	%
Other income		68,535		69,435		(900	)		-1.3	%
Other expenses		178,809		152,016		26,793			17.6	%
Income Before Income Taxes		129,819		118,800		11,019			9.3	%
Income taxes		39,239		35,759		3,480			9.7	%
Net Income	$	90,580	$	83,041	$	7,539			9.1	%
PER-SHARE DATA:
Net income:
Basic	$	0.53	$	0.51	$	0.02			3.9	%
Diluted		0.52		0.50		0.02			4.0	%
Cash dividends		0.286		0.264		0.02			8.2	%
AVERAGE BALANCES:
Total assets	$	13,850,661	$	11,317,195	$	2,533,466			22.4	%
Loans, net of unearned income		9,538,542		7,675,039		1,863,503			24.3	%
Deposits		9,722,248		7,983,595		1,738,653			21.8	%
Short-term borrowings		1,545,414		1,210,053		335,361			27.7	%
Long-term debt		1,003,152		764,042		239,110			31.3	%
Shareholders’ equity		1,413,501		1,225,915		187,586			15.3	%

2

FULTON FINANCIAL CORPORATION
FINANCIAL HIGHLIGHTS (UNAUDITED)

	Quarter Ended				Variance
	June 30		March 31
	2006		2006		$			%
	(dollars in thousands, except per-share data)
INCOME SUMMARY:
Interest income	$	213,206	$	192,652	$	20,554			10.7	%
Interest expense		90,355		77,609		12,746			16.4	%
Net Interest Income		122,851		115,043		7,808			6.8	%
Provision for loan losses		875		1,000		(125	)		-12.5	%
Investment securities gains		1,409		2,665		(1,256	)		-47.1	%
Other income		34,593		33,942		651			1.9	%
Other expenses		90,793		88,016		2,777			3.2	%
Income Before Income Taxes		67,185		62,634		4,551			7.3	%
Income taxes		20,484		18,755		1,729			9.2	%
Net Income	$	46,701	$	43,879	$	2,822			6.4	%
PER-SHARE DATA:
Net income:
Basic	$	0.27	$	0.26	$	0.01			3.8	%
Diluted		0.27		0.25		0.02			8.0	%
Cash dividends		0.1475		0.138		0.01			6.8	%
ENDING BALANCES:
Total assets	$	14,561,545	$	14,174,485	$	387,060			2.7	%
Loans, net of unearned income		10,051,957		9,718,710		333,247			3.4	%
Deposits		10,146,652		9,953,846		192,806			1.9	%
Short-term borrowings		1,765,723		1,530,381		235,342			15.4	%
Long-term debt		1,024,144		1,058,800		(34,656	)		-3.3	%
Shareholders’ equity		1,440,188		1,448,339		(8,151	)		-0.6	%
AVERAGE BALANCES:
Total assets	$	14,218,559	$	13,478,675	$	739,884			5.5	%
Loans, net of unearned income		9,846,025		9,227,642		618,383			6.7	%
Deposits		9,991,823		9,449,677		542,146			5.7	%
Short-term borrowings		1,602,894		1,487,295		115,599			7.8	%
Long-term debt		1,010,744		995,478		15,266			1.5	%
Shareholders’ equity		1,439,885		1,386,824		53,061			3.8	%

3

FULTON FINANCIAL CORPORATION
CONSOLIDATED ENDING BALANCE SHEET (UNAUDITED)

	June 30						Variance
	2006			2005			$			%
	(dollars in thousands)
ASSETS
Cash and due from banks	$	410,563		$	358,581		$	51,982			14.5	%
Loans held for sale		268,966			286,742			(17,776	)		-6.2	%
Other interest-earning assets		39,364			22,600			16,764			74.2	%
Investment securities		2,743,777			2,429,365			314,412			12.9	%
Loans, net of unearned		10,051,957			7,812,479			2,239,478			28.7	%
Allowance for loan losses		(106,544	)		(90,402	)		(16,142	)		17.9	%
Net Loans		9,945,413			7,722,077			2,223,336			28.8	%
Premises and equipment		185,677			153,598			32,079			20.9	%
Accrued interest receivable		63,589			43,819			19,770			45.1	%
Goodwill and intangible assets		663,951			386,795			277,156			71.7	%
Other assets		240,245			168,707			71,538			42.4	%
Total Assets	$	14,561,545		$	11,572,284		$	2,989,261			25.8	%
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits	$	10,146,652		$	8,138,124		$	2,008,528			24.7	%
Short-term borrowings		1,765,723			1,134,583			631,140			55.6	%
Long-term debt		1,024,144			951,745			72,399			7.6	%
Other liabilities		184,838			151,013			33,825			22.4	%
Total Liabilities		13,121,357			10,375,465			2,745,892			26.5	%
Shareholders’ equity		1,440,188			1,196,819			243,369			20.3	%
Total Liabilities and Shareholders’ Equity	$	14,561,545		$	11,572,284		$	2,989,261			25.8	%
LOANS AND DEPOSITS DETAIL:
Loans, by type:
Commercial — industrial and financial	$	2,553,375		$	1,991,480		$	561,895			28.2	%
Commercial — agricultural		330,063			322,791			7,272			2.3	%
Real estate — commercial mortgage		3,063,863			2,556,990			506,873			19.8	%
Real estate — residential mortgage and home equity		2,091,301			1,695,821			395,480			23.3	%
Real estate — construction		1,408,144			699,518			708,626			101.3	%
Consumer		520,094			485,492			34,602			7.1	%
Leasing and other		85,117			60,387			24,730			41.0	%
Total Loans, net of unearned income	$	10,051,957		$	7,812,479		$	2,239,478			28.7	%
Deposits, by type:
Noninterest-bearing demand	$	1,910,565		$	1,611,909		$	298,656			18.5	%
Interest-bearing demand		1,649,681			1,471,398			178,283			12.1	%
Savings deposits		2,383,533			1,965,523			418,010			21.3	%
Time deposits		4,202,873			3,089,294			1,113,579			36.0	%
Total Deposits	$	10,146,652		$	8,138,124		$	2,008,528			24.7	%

4

FULTON FINANCIAL CORPORATION
CONSOLIDATED INCOME STATEMENT (UNAUDITED)

	Quarter Ended
	June 30						Variance
	2006			2005			$			%
	(dollars in thousands, except per-share data)
Interest Income:
Loans, including fees	$	179,946		$	122,492		$	57,454			46.9	%
Investment securities:
Taxable		23,564			18,257			5,307			29.1	%
Tax-exempt		3,543			2,843			700			24.6	%
Dividends		1,555			1,155			400			34.6	%
Loans held for sale		4,005			3,516			489			13.9	%
Other interest income		593			348			245			70.4	%
Total Interest Income		213,206			148,611			64,595			43.5	%
Interest Expense:
Deposits		58,996			31,104			27,892			89.7	%
Short-term borrowings		18,427			7,914			10,513			132.8	%
Long-term debt		12,932			9,668			3,264			33.8	%
Total Interest Expense		90,355			48,686			41,669			85.6	%
Net Interest Income		122,851			99,925			22,926			22.9	%
Provision for Loan Losses		875			725			150			20.7	%
Net Interest Income after Provision		121,976			99,200			22,776			23.0	%
Other Income:
Investment management and trust services		9,056			8,966			90			1.0	%
Service charges on deposit accounts		10,892			9,960			932			9.4	%
Other service charges and fees		6,576			7,142			(566	)		-7.9	%
Gain on sale of mortgage loans		5,187			6,290			(1,103	)		-17.5	%
Investment securities gains		1,409			1,418			(9	)		-0.6	%
Other		2,882			4,539			(1,657	)		-36.5	%
Total Other Income		36,002			38,315			(2,313	)		-6.0	%
Other Expenses:
Salaries and employee benefits		53,390			45,235			8,155			18.0	%
Net occupancy expense		9,007			6,549			2,458			37.5	%
Equipment expense		3,495			2,888			607			21.0	%
Data processing		3,165			3,321			(156	)		-4.7	%
Advertising		3,027			2,276			751			33.0	%
Intangible amortization		2,006			1,168			838			71.7	%
Other		16,703			16,752			(49	)		-0.3	%
Total Other Expenses		90,793			78,189			12,604			16.1	%
Income Before Income Taxes		67,185			59,326			7,859			13.2	%
Income Taxes		20,484			17,722			2,762			15.6	%
Net Income	$	46,701		$	41,604		$	5,097			12.3	%
SHARE AND PER-SHARE INFORMATION:
Net income:
Basic	$	0.27		$	0.26		$	0.01			3.8	%
Diluted		0.27			0.25			0.02			8.0	%
Cash dividends	$	0.1475		$	0.138		$	0.01			6.8	%
Book value		8.31			7.45			0.86			11.5	%
Tangible book value		4.48			5.04			(0.56	)		-11.1	%
Weighted average shares (basic)		173,449			162,235
Weighted average shares (diluted)		175,484			164,041
Shares outstanding, end of period		173,279			160,604
SELECTED FINANCIAL RATIOS:
Return on average assets		1.32	%		1.46	%
Return on average equity		13.01	%		13.90	%
Return on average equity (tangible)		24.87	%		20.90	%
Net interest margin		3.90	%		3.92	%
Efficiency ratio		55.4	%		55.3	%
Average equity to average assets		10.1	%		10.3	%

5

FULTON FINANCIAL CORPORATION
AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)

	Quarter Ended June 30
	2006									2005
	Balance			Interest			Rate (1)			Balance			Interest			Rate (1)
	(dollars in thousands)
ASSETS
Interest-earning assets:
Loans and leases	$	9,846,025		$	181,019			7.37	%	$	7,743,791		$	123,263			6.38	%
Taxable investment securities		2,242,945			23,564			4.20	%		1,966,738			18,257			3.72	%
Tax-exempt investment securities		430,246			5,200			4.83	%		341,044			4,227			4.96	%
Equity securities		152,210			1,740			4.58	%		131,002			1,341			4.11	%
Total Investment Securities		2,825,401			30,504			4.32	%		2,438,784			23,825			3.92	%
Loans held for sale		222,103			4,005			7.21	%		232,448			3,516			6.05	%
Other interest-earning assets		50,422			593			4.69	%		47,819			348			2.92	%
Total Interest-earning Assets		12,943,951			216,121			6.70	%		10,462,842			150,952			5.79	%
Noninterest-earning assets:
Cash and due from banks		335,009									342,592
Premises and equipment		183,587									152,123
Other assets		862,739									552,859
Less: allowance for loan losses		(106,727	)								(91,209	)
Total Assets	$	14,218,559								$	11,419,207
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing liabilities:
Demand deposits	$	1,672,116		$	6,258			1.50	%	$	1,484,772		$	3,309			0.89	%
Savings deposits		2,386,287			12,113			2.03	%		1,986,909			5,859			1.18	%
Time deposits		4,082,429			40,625			3.99	%		3,014,871			21,936			2.92	%
Total Interest-bearing Deposits		8,140,832			58,996			2.91	%		6,486,552			31,104			1.92	%
Short-term borrowings		1,602,894			18,427			4.56	%		1,180,975			7,914			2.66	%
Long-term debt		1,010,744			12,932			5.13	%		843,727			9,668			4.60	%
Total Interest-bearing Liabilities		10,754,470			90,355			3.36	%		8,511,254			48,686			2.29	%
Noninterest-bearing liabilities:
Demand deposits		1,850,991									1,567,611
Other		173,213									139,921
Total Liabilities		12,778,674									10,218,786
Shareholders’ equity		1,439,885									1,200,421
Total Liabilities and Shareholders’ Equity	$	14,218,559								$	11,419,207
Net interest income/net interest margin (fully taxable equivalent)					125,766			3.90	%					102,266			3.92	%
Tax equivalent adjustment					(2,915	)								(2,341	)
Net interest income				$	122,851								$	99,925

(1) Presented on a tax-equivalent basis using a 35% Federal tax rate.

AVERAGE LOANS AND DEPOSITS DETAIL:

	Quarter Ended
	June 30				Variance
	2006		2005		$		%
	(dollars in thousands)
Loans, by type:
Commercial — industrial and financial	$	2,466,241	$	1,970,926	$	495,315		25.1	%
Commercial — agricultural		325,409		319,853		5,556		1.7	%
Real estate — commercial mortgage		3,039,417		2,537,606		501,811		19.8	%
Real estate — residential mortgage and home equity		2,046,953		1,678,623		368,330		21.9	%
Real estate — construction		1,373,038		691,509		681,529		98.6	%
Consumer		518,714		482,178		36,536		7.6	%
Leasing and other		76,253		63,096		13,157		20.9	%
Total Loans, net of unearned income	$	9,846,025	$	7,743,791	$	2,102,234		27.1	%
Deposits, by type:
Noninterest-bearing demand	$	1,850,991	$	1,567,611	$	283,380		18.1	%
Interest-bearing demand		1,672,116		1,484,772		187,344		12.6	%
Savings deposits		2,386,287		1,986,909		399,378		20.1	%
Time deposits		4,082,429		3,014,871		1,067,558		35.4	%
Total Deposits	$	9,991,823	$	8,054,163	$	1,937,660		24.1	%

6

FULTON FINANCIAL CORPORATION
CONSOLIDATED INCOME STATEMENT (UNAUDITED)

	Six Months Ended
	June 30						Variance
	2006			2005			$			%
	(dollars in thousands, except per-share data)
Interest Income:
Loans, including fees	$	341,060		$	238,430		$	102,630			43.0	%
Investment securities:
Taxable		46,103			36,518			9,585			26.2	%
Tax-exempt		7,076			5,692			1,384			24.3	%
Dividends		2,900			2,239			661			29.5	%
Loans held for sale		7,464			6,018			1,446			24.0	%
Other interest income		1,255			524			731			139.5	%
Total Interest Income		405,858			289,421			116,437			40.2	%
Interest Expense:
Deposits		109,186			58,912			50,274			85.3	%
Short-term borrowings		33,733			14,738			18,995			128.9	%
Long-term debt		25,045			17,598			7,447			42.3	%
Total Interest Expense		167,964			91,248			76,716			84.1	%
Net Interest Income		237,894			198,173			39,721			20.0	%
Provision for Loan Losses		1,875			1,525			350			23.0	%
Net Interest Income after Provision		236,019			196,648			39,371			20.0	%
Other Income:
Investment management and trust services		19,088			17,985			1,103			6.1	%
Service charges on deposit accounts		21,139			19,292			1,847			9.6	%
Other service charges and fees		13,230			12,698			532			4.2	%
Gain on sale of mortgage loans		9,959			11,947			(1,988	)		-16.6	%
Investment securities gains		4,074			4,733			(659	)		-13.9	%
Other		5,119			7,513			(2,394	)		-31.9	%
Total Other Income		72,609			74,168			(1,559	)		-2.1	%
Other Expenses:
Salaries and employee benefits		103,319			89,532			13,787			15.4	%
Net occupancy expense		17,596			14,047			3,549			25.3	%
Equipment expense		7,088			5,958			1,130			19.0	%
Data processing		6,074			6,490			(416	)		-6.4	%
Advertising		5,280			4,249			1,031			24.3	%
Intangible amortization		3,858			2,347			1,511			64.4	%
Other		35,594			29,393			6,201			21.1	%
Total Other Expenses		178,809			152,016			26,793			17.6	%
Income Before Income Taxes		129,819			118,800			11,019			9.3	%
Income Taxes		39,239			35,759			3,480			9.7	%
Net Income	$	90,580		$	83,041		$	7,539			9.1	%
SHARE AND PER-SHARE INFORMATION:
Net income:
Basic	$	0.53		$	0.51		$	0.02			3.9	%
Diluted		0.52			0.50			0.02			4.0	%
Cash dividends	$	0.286		$	0.264		$	0.02			8.2	%
Book value		8.31			7.45			0.86			11.5	%
Tangible book value		4.48			5.04			(0.56	)		-11.1	%
Weighted average shares (basic)		172,166			163,718
Weighted average shares (diluted)		174,335			165,638
Shares outstanding, end of period		173,279			160,604
SELECTED FINANCIAL RATIOS:
Return on average assets		1.32	%		1.48	%
Return on average equity		12.92	%		13.66	%
Return on average equity (tangible)		23.93	%		20.35	%
Net interest margin		3.89	%		3.94	%
Efficiency ratio		56.1	%		55.0	%
Average equity to average assets		10.2	%		10.8	%

7

FULTON FINANCIAL CORPORATION
AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)

	Six Months Ended June 30
	2006									2005
	Balance			Interest			Rate (1)			Balance			Interest			Rate (1)
	(dollars in thousands)
ASSETS
Interest-earning assets:
Loans and leases	$	9,538,542		$	342,902			7.24	%	$	7,675,039		$	239,954			6.30	%
Taxable investment securities		2,214,666			46,103			4.16	%		1,975,750			36,518			3.73	%
Tax-exempt investment securities		433,087			10,385			4.80	%		338,215			8,481			5.06	%
Equity securities		148,630			3,299			4.45	%		127,929			2,611			4.12	%
Total Investment Securities		2,796,383			59,787			4.28	%		2,441,894			47,610			3.93	%
Loans held for sale		210,834			7,464			7.08	%		207,428			6,018			5.85	%
Other interest-earning assets		56,870			1,255			4.43	%		38,313			524			2.76	%
Total Interest-earning Assets		12,602,629			411,408			6.57	%		10,362,674			294,106			5.72	%
Noninterest-earning assets:
Cash and due from banks		346,681									332,747
Premises and equipment		180,690									150,579
Other assets		825,037									562,046
Less: allowance for loan losses		(104,376	)								(90,851	)
Total Assets	$	13,850,661								$	11,317,195
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing liabilities:
Demand deposits	$	1,669,327		$	11,996			1.45	%	$	1,489,850		$	6,279			0.85	%
Savings deposits		2,329,850			22,510			1.95	%		1,949,573			10,324			1.07	%
Time deposits		3,914,400			74,680			3.85	%		3,005,646			42,309			2.84	%
Total Interest-bearing Deposits		7,913,577			109,186			2.78	%		6,445,069			58,912			1.84	%
Short-term borrowings		1,545,414			33,733			4.36	%		1,210,053			14,738			2.46	%
Long-term debt		1,003,152			25,045			5.03	%		764,042			17,598			4.64	%
Total Interest-bearing Liabilities		10,462,143			167,964			3.23	%		8,419,164			91,248			2.19	%
Noninterest-bearing liabilities:
Demand deposits		1,808,671									1,538,526
Other		166,346									133,590
Total Liabilities		12,437,160									10,091,280
Shareholders’ equity		1,413,501									1,225,915
Total Liabilities and Shareholders’ Equity	$	13,850,661								$	11,317,195
Net interest income/net interest margin (fully taxable equivalent)					243,444			3.89	%					202,858			3.94	%
Tax equivalent adjustment					(5,550	)								(4,685	)
Net interest income				$	237,894								$	198,173

(1) Presented on a tax-equivalent basis using a 35% Federal tax rate.

AVERAGE LOANS AND DEPOSITS DETAIL:

	Six Months Ended
	June 30				Variance
	2006		2005		$		%
	(dollars in thousands)
Loans, by type:
Commercial — industrial and financial	$	2,372,936	$	1,987,810	$	385,126		19.4	%
Commercial — agricultural		326,662		323,257		3,405		1.1	%
Real estate — commercial mortgage		2,992,308		2,488,974		503,334		20.2	%
Real estate — residential mortgage and home equity		1,986,582		1,666,518		320,064		19.2	%
Real estate — construction		1,268,781		665,043		603,738		90.8	%
Consumer		517,539		480,406		37,133		7.7	%
Leasing and other		73,734		63,031		10,703		17.0	%
Total Loans, net of unearned income	$	9,538,542	$	7,675,039	$	1,863,503		24.3	%
Deposits, by type:
Noninterest-bearing demand	$	1,808,671	$	1,538,526	$	270,145		17.6	%
Interest-bearing demand		1,669,327		1,489,850		179,477		12.0	%
Savings deposits		2,329,850		1,949,573		380,277		19.5	%
Time deposits		3,914,400		3,005,646		908,754		30.2	%
Total Deposits	$	9,722,248	$	7,983,595	$	1,738,653		21.8	%

8

FULTON FINANCIAL CORPORATION
CONSOLIDATED ENDING BALANCE SHEET (UNAUDITED)

	Quarter Ended						Variance
	June 30			March 31
	2006			2006			$			%
	(dollars in thousands)
ASSETS
Cash and due from banks	$	410,563		$	398,111		$	12,452			3.1	%
Loans held for sale		268,966			202,751			66,215			32.7	%
Other interest-earning assets		39,364			35,657			3,707			10.4	%
Investment securities		2,743,777			2,790,622			(46,845	)		-1.7	%
Loans, net of unearned		10,051,957			9,718,710			333,247			3.4	%
Allowance for loan losses		(106,544	)		(106,195	)		(349	)		0.3	%
Net Loans		9,945,413			9,612,515			332,898			3.5	%
Premises and equipment		185,677			182,115			3,562			2.0	%
Accrued interest receivable		63,589			60,145			3,444			5.7	%
Goodwill and intangible assets		663,951			667,387			(3,436	)		-0.5	%
Other assets		240,245			225,182			15,063			6.7	%
Total Assets	$	14,561,545		$	14,174,485		$	387,060			2.7	%
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits	$	10,146,652		$	9,953,846		$	192,806			1.9	%
Short-term borrowings		1,765,723			1,530,381			235,342			15.4	%
Long-term debt		1,024,144			1,058,800			(34,656	)		-3.3	%
Other liabilities		184,838			183,119			1,719			0.9	%
Total Liabilities		13,121,357			12,726,146			395,211			3.1	%
Shareholders’ equity		1,440,188			1,448,339			(8,151	)		-0.6	%
Total Liabilities and Shareholders’ Equity	$	14,561,545		$	14,174,485		$	387,060			2.7	%
LOANS AND DEPOSITS DETAIL:
Loans, by type:
Commercial — industrial and financial	$	2,553,375		$	2,412,836		$	140,539			5.8	%
Commercial — agricultural		330,063			325,140			4,923			1.5	%
Real estate — commercial mortgage		3,063,863			3,020,376			43,487			1.4	%
Real estate — residential mortgage		647,776			612,584			35,192			5.7	%
Real estate — home equity		1,443,525			1,407,629			35,896			2.6	%
Real estate — construction		1,408,144			1,343,364			64,780			4.8	%
Consumer		520,094			515,236			4,858			0.9	%
Leasing and other		85,117			81,545			3,572			4.4	%
Total Loans, net of unearned income	$	10,051,957		$	9,718,710		$	333,247			3.4	%
Deposits, by type:
Noninterest-bearing demand	$	1,910,565		$	1,958,958		$	(48,393	)		-2.5	%
Interest-bearing demand		1,649,681			1,684,287			(34,606	)		-2.1	%
Savings deposits		2,383,533			2,341,840			41,693			1.8	%
Time deposits		4,202,873			3,968,761			234,112			5.9	%
Total Deposits	$	10,146,652		$	9,953,846		$	192,806			1.9	%

9

FULTON FINANCIAL CORPORATION
CONSOLIDATED INCOME STATEMENT (UNAUDITED)

	Quarter Ended						Variance
	June 30			March 31
	2006			2006			$			%
	(dollars in thousands)
Interest Income:
Loans, including fees	$	179,946		$	161,114		$	18,832			11.7	%
Investment securities:
Taxable		23,564			22,539			1,025			4.5	%
Tax-exempt		3,543			3,533			10			0.3	%
Dividends		1,555			1,345			210			15.6	%
Loans held for sale		4,005			3,458			547			15.8	%
Other interest income		593			663			(70	)		-10.6	%
Total Interest Income		213,206			192,652			20,554			10.7	%
Interest Expense:
Deposits		58,996			50,190			8,806			17.5	%
Short-term borrowings		18,427			15,306			3,121			20.4	%
Long-term debt		12,932			12,113			819			6.8	%
Total Interest Expense		90,355			77,609			12,746			16.4	%
Net Interest Income		122,851			115,043			7,808			6.8	%
Provision for Loan Losses		875			1,000			(125	)		-12.5	%
Net Interest Income after Provision		121,976			114,043			7,933			7.0	%
Other Income:
Investment management and trust services		9,056			10,032			(976	)		-9.7	%
Service charges on deposit accounts		10,892			10,247			645			6.3	%
Other service charges and fees		6,576			6,654			(78	)		-1.2	%
Gain on sale of mortgage loans		5,187			4,772			415			8.7	%
Investment securities gains		1,409			2,665			(1,256	)		-47.1	%
Other		2,882			2,237			645			28.8	%
Total Other Income		36,002			36,607			(605	)		-1.7	%
Other Expenses:
Salaries and employee benefits		53,390			49,929			3,461			6.9	%
Net occupancy expense		9,007			8,589			418			4.9	%
Equipment expense		3,495			3,593			(98	)		-2.7	%
Data processing		3,165			2,909			256			8.8	%
Advertising		3,027			2,253			774			34.4	%
Intangible amortization		2,006			1,852			154			8.3	%
Other		16,703			18,891			(2,188	)		-11.6	%
Total Other Expenses		90,793			88,016			2,777			3.2	%
Income Before Income Taxes		67,185			62,634			4,551			7.3	%
Income Taxes		20,484			18,755			1,729			9.2	%
Net Income	$	46,701		$	43,879		$	2,822			6.4	%
SHARE AND PER-SHARE INFORMATION:
Net income:
Basic	$	0.27		$	0.26		$	0.01			3.8	%
Diluted		0.27			0.25			0.02			8.0	%
Cash dividends	$	0.1475		$	0.138		$	0.01			6.8	%
Book value		8.31			8.32			(0.01	)		-0.1	%
Tangible book value		4.48			4.49			(0.01	)		-0.2	%
Weighted average shares (basic)		173,449			170,869			2,580			1.5	%
Weighted average shares (diluted)		175,484			173,166			2,318			1.3	%
Shares outstanding, end of period		173,279			174,033			(754	)		-0.4	%
SELECTED FINANCIAL RATIOS:
Return on average assets		1.32	%		1.32	%
Return on average equity		13.01	%		12.83	%
Return on average equity (tangible)		24.87	%		23.01	%
Net interest margin		3.90	%		3.88	%
Efficiency ratio		55.4	%		56.8	%
Average equity to average assets		10.1	%		10.3	%

10

FULTON FINANCIAL CORPORATION
AVERAGE BALANCE SHEET ANALYSIS (UNAUDITED)

	Quarter Ended
	June 30, 2006									March 31, 2006
	Balance			Interest			Rate (1)			Balance			Interest			Rate (1)
	(dollars in thousands)
ASSETS
Interest-earning assets:
Loans and leases	$	9,846,025		$	181,019			7.37	%	$	9,227,642		$	161,883			7.11	%
Taxable investment securities		2,242,945			23,564			4.20	%		2,186,073			22,539			4.13	%
Tax-exempt investment securities		430,246			5,200			4.83	%		435,959			5,185			4.76	%
Equity securities		152,210			1,740			4.58	%		145,011			1,559			4.33	%
Total Investment Securities		2,825,401			30,504			4.32	%		2,767,043			29,283			4.24	%
Loans held for sale		222,103			4,005			7.21	%		199,441			3,458			6.94	%
Other interest-earning assets		50,422			593			4.69	%		63,388			663			4.23	%
Total Interest-earning Assets		12,943,951			216,121			6.70	%		12,257,514			195,287			6.45	%
Noninterest-earning assets:
Cash and due from banks		335,009									358,481
Premises and equipment		183,587									177,761
Other assets		862,739									786,918
Less: allowance for loan losses		(106,727	)								(101,999	)
Total Assets	$	14,218,559								$	13,478,675
LIABILITIES AND SHAREHOLDERS’ EQUITY
Interest-bearing liabilities:
Demand deposits	$	1,672,116		$	6,258			1.50	%	$	1,666,506		$	5,738			1.40	%
Savings deposits		2,386,287			12,113			2.03	%		2,272,788			10,398			1.85	%
Time deposits		4,082,429			40,625			3.99	%		3,744,503			34,054			3.69	%
Total Interest-bearing Deposits		8,140,832			58,996			2.91	%		7,683,797			50,190			2.65	%
Short-term borrowings		1,602,894			18,427			4.56	%		1,487,295			15,306			4.13	%
Long-term debt		1,010,744			12,932			5.13	%		995,478			12,113			4.93	%
Total Interest-bearing Liabilities		10,754,470			90,355			3.36	%		10,166,570			77,609			3.09	%
Noninterest-bearing liabilities:
Demand deposits		1,850,991									1,765,880
Other		173,213									159,401
Total Liabilities		12,778,674									12,091,851
Shareholders’ equity		1,439,885									1,386,824
Total Liabilities and Shareholders’ Equity	$	14,218,559								$	13,478,675
Net interest income/net interest margin (fully taxable equivalent)					125,766			3.90	%					117,678			3.88	%
Tax equivalent adjustment					(2,915	)								(2,635	)
Net interest income				$	122,851								$	115,043

(1) Presented on a tax-equivalent basis using a 35% Federal tax rate.

AVERAGE LOANS AND DEPOSITS DETAIL:

	Quarter Ended				Variance
	June 30		March 31
	2006		2006		$			%
	(dollars in thousands)
Loans, by type:
Commercial — industrial and financial	$	2,466,241	$	2,278,597	$	187,644			8.2	%
Commercial — agricultural		325,409		327,929		(2,520	)		-0.8	%
Real estate — commercial mortgage		3,039,417		2,944,676		94,741			3.2	%
Real estate — residential mortgage		624,681		589,620		35,061			5.9	%
Real estate — home equity		1,422,272		1,335,922		86,350			6.5	%
Real estate — construction		1,373,038		1,163,368		209,670			18.0	%
Consumer		518,714		516,350		2,364			0.5	%
Leasing and other		76,253		71,180		5,073			7.1	%
Total Loans, net of unearned income	$	9,846,025	$	9,227,642	$	618,383			6.7	%
Deposits, by type:
Noninterest-bearing demand	$	1,850,991	$	1,765,880	$	85,111			4.8	%
Interest-bearing demand		1,672,116		1,666,506		5,610			0.3	%
Savings deposits		2,386,287		2,272,788		113,499			5.0	%
Time deposits		4,082,429		3,744,503		337,926			9.0	%
Total Deposits	$	9,991,823	$	9,449,677	$	542,146			5.7	%

11

FULTON FINANCIAL CORPORATION
ASSET QUALITY INFORMATION (UNAUDITED)

	Quarter Ended						Six Months Ended
	June 30						June 30
	2006			2005			2006			2005
	(dollars in thousands)
ALLOWANCE FOR LOAN LOSSES:
Balance at beginning of period	$	106,195		$	90,127		$	92,847		$	89,627
Loans charged off		(1,679	)		(1,660	)		(3,179	)		(3,479	)
Recoveries of loans previously charged off		1,153			1,210			2,010			2,729
Net loans charged off		(526	)		(450	)		(1,169	)		(750	)
Provision for loan losses		875			725			1,875			1,525
Allowance purchased		—			—			12,991			—
Balance at end of period	$	106,544		$	90,402		$	106,544		$	90,402
Net charge-offs to average loans (annualized)		0.02	%		0.02	%		0.02	%		0.02	%
NON-PERFORMING ASSETS:
Nonaccrual loans	$	26,299		$	20,820
Accruing loans 90+ days overdue		13,421			7,453
Other real estate owned		3,125			3,478
Total non-performing assets	$	42,845		$	31,751
ASSET QUALITY RATIOS:
Nonaccrual loans to total loans		0.26	%		0.27	%
Nonperforming assets to total loans and OREO		0.43	%		0.41	%
Nonperforming assets to total assets		0.29	%		0.27	%
Allowance for loan losses to loans outstanding		1.06	%		1.16	%
Allowance/nonperforming loans		268	%		320	%

	Quarter Ended
	June 30			March 31
	2006			2006
	(dollars in thousands)
ALLOWANCE FOR LOAN LOSSES:
Balance at beginning of period	$	106,195		$	92,847
Loans charged off		(1,679	)		(1,500	)
Recoveries of loans previously charged off		1,153			857
Net loans charged off		(526	)		(643	)
Provision for loan losses		875			1,000
Allowance purchased		—			12,991
Balance at end of period	$	106,544		$	106,195
Net charge-offs to average loans (annualized)		0.02	%		0.03	%
NON-PERFORMING ASSETS:
Nonaccrual loans	$	26,299		$	34,716
Accruing loans 90+ days overdue		13,421			13,126
Other real estate owned		3,125			2,011
Total non-performing assets	$	42,845		$	49,853
ASSET QUALITY RATIOS:
Nonaccrual loans to total loans		0.26	%		0.36	%
Nonperforming assets to total loans and OREO		0.43	%		0.51	%
Nonperforming assets to total assets		0.29	%		0.35	%
Allowance for loan losses to loans outstanding		1.06	%		1.09	%
Allowance/nonperforming loans		268	%		222	%

12