EXHIBIT 12.1

The PNC Financial Services Group, Inc. and Subsidiaries

Computation of Ratio of Earnings

to Fixed Charges

	Six Months Ended June 30, 2007			Year Ended December 31
Dollars in millions				2006			2005			2004			2003			2002
Earnings
Pretax income from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees	$	1,153		$	3,913		$	1,962		$	1,745		$	1,600		$	1,858
Add:
Distributed income of equity investees		58			20
Fixed charges excluding interest on deposits		541			841			662			357			346			432
Less:
Minority interest in pretax income of subsidiaries that have not incurred fixed charges		43			33			20			10			32			37
Interest capitalized		1
Earnings excluding interest on deposits		1,708			4,741			2,604			2,092			1,914			2,253
Interest on deposits		1,000			1,590			981			484			457			659
Total earnings	$	2,708		$	6,331		$	3,585		$	2,576		$	2,371		$	2,912
Fixed charges
Interest on borrowed funds	$	508		$	777		$	599		$	298		$	258		$	315
Interest component of rentals		32			64			63			58			59			58
Amortization of notes and debentures											1			1			1
Interest capitalized		1
Distributions on mandatorily redeemable capital securities of subsidiary trusts														28			58
Fixed charges excluding interest on deposits		541			841			662			357			346			432
Interest on deposits		1,000			1,590			981			484			457			659
Total fixed charges	$	1,541		$	2,431		$	1,643		$	841		$	803		$	1,091
Ratio of earnings to fixed charges
Excluding interest on deposits		3.16	x		5.64	x		3.93	x		5.86	x		5.53	x		5.22	x
Including interest on deposits		1.76			2.60			2.18			3.06			2.95			2.67