Filed by The PNC Financial Services Group, Inc.

Pursuant to Rule 425 under the Securities Act of 1933 and

deemed filed pursuant to Rule 14a-12 of the Securities Exchange Act of 1934

Subject Company: Yardville National Bancorp

Commission File No. 000-26086

James E. Rohr, Chairman and Chief Executive Officer of The PNC Financial Services Group, Inc. (“PNC”), gave a presentation to investors on September 11, 2007 at the Lehman Brothers Financial Services Conference. This presentation was accompanied by a series of electronic slides that included information pertaining to the financial results and business strategies of PNC. The following slides and related material were posted on PNC’s website on Tuesday, September 11, 2007:

The PNC Financial Services Group, Inc.

Lehman Brothers

2007 Financial Services Conference

New York

September 11, 2007

This

presentation

contains

forward-looking

statements

regarding

our

outlook

or

expectations

relating

to

PNC’s

future

business,

operations,

financial

condition,

financial

performance

and

asset

quality.

Forward-looking

statements

are

necessarily

subject

to

numerous

assumptions,

risks

and

uncertainties,

which

change

over

time.

The

forward-looking

statements

in

this

presentation

are

qualified

by

the

factors

affecting

forward-looking

statements

identified

in

the

more

detailed

Cautionary

Statement

included

in

the

Appendix,

which

is

included

in

the

presentation

handouts

and

in

the

version

of

the

presentation

materials

posted

on

our

corporate

website

at

www.pnc.com/investorevents.

We

provide

greater

detail

regarding

these

factors

in

our

2006

Form

10-K,

including

in

the

Risk

Factors

and

Risk

Management

sections,

and

in

our

first

and

second

quarter

2007

Form

10-Qs

and

other

SEC

reports

(accessible

on

the

SEC’s

website

at

www.sec.gov

and

on

or

through

our

corporate

website).

Future

events

or

circumstances

may

change

our

outlook

or

expectations

and

may

also

affect

the

nature

of

the

assumptions,

risks

and

uncertainties

to

which

our

forward-looking

statements

are

subject.

The

forward-looking

statements

in

this

presentation

speak

only

as

of

the

date

of

this

presentation. 

We

do

not

assume

any

duty

and

do

not

undertake

to

update

those

statements.

In

this

presentation,

we

will

sometimes

refer

to

adjusted

results

to

help

illustrate

(1)

the

impact

of

BlackRock

deconsolidation

near

the

end

of

third

quarter

2006

and

the

application

of

the

equity

method

of

accounting

for

our

equity

investment

in

BlackRock

and

(2)

the

impact

of

certain

specified

items,

including

2006

BlackRock/MLIM

transaction

gain,

2006

cost

of

securities

and

mortgage

portfolio

repositionings,

2006

and

2007

BlackRock/MLIM

transaction

and

Mercantile

Bankshares

acquisition

integration

costs,

and

2006

and

2007

gains/losses

related

to

our

BlackRock

LTIP

shares

obligation.

We

have

provided

these

adjusted

amounts

and

reconciliations

so

that

investors,

analysts,

regulators

and

others

will

be

better

able

to

evaluate

the

impact

of

these

items

on

our

results

for

the

periods

presented,

in

addition

to

providing

a

basis

of

comparability

for

the

impact

of

the

BlackRock

deconsolidation

given

the

magnitude

of

the

impact

of

deconsolidation

on

various

components

of

our

income

statement.

We

believe

that

information

as

adjusted

for

the

impact

of

the

specified

items

may

be

useful

due

to

the

extent

to

which

these

items

are

not

indicative

of

our

ongoing

operations

as

the

result

of

our

management

activities

on

those

operations.

While

we

have

not

provided

other

adjustments

for

the

periods

discussed,

this

is

not

intended

to

imply

that

there

could

not

have

been

other

similar

types

of

adjustments,

but

any

such

adjustments

would

not

have

been

similar

in

magnitude

to

the

amount

of

the

adjustments

shown.

In

certain

discussions,

we

also

provide

revenue

information

on

a

taxable-

equivalent

basis

by

increasing

the

interest

income

earned

on

tax-exempt

assets

to

make

it

fully

equivalent

to

interest

income

earned

on

taxable

investments.

We

believe

this

adjustment

may

be

useful

when

comparing

yields

and

margins

for

all

earning

assets.

This

presentation

may

also

include

a

discussion

of

other

non-GAAP

financial

measures,

which,

to

the

extent

not

so

qualified

therein

or

in

the

Appendix,

is

qualified

by

GAAP

reconciliation

information

available

on

our

corporate

website

at

www.pnc.com

under

“About

PNC

–

Investor

Relations.”

Cautionary Statement Regarding Forward-Looking

Information and Adjusted Information

Industry Concerns

Mortgage and home equity loans

Leveraged lending and bridge commitments

Yield curve

A history of execution and strong performance

Clear strategies for growth

A strong risk management culture

PNC is differentiated by …

Building an Enduring Company with a Solid Foundation

A History of Execution

A diversified business mix

An industry-leading technology platform

Expanded distribution capabilities

Expansion into higher growth markets

A disciplined economic capital allocation process

A strong risk management process

Deepened customer relationships

A continuous improvement culture

Improved customer experience

Enhanced PNC brand

1990s

2000s

Beyond

+

+

+

+

+

+

+

+

+

Strong Performance in a Tough

Environment

Diluted

EPS

Net

Income

($millions)

Assets

(ending

$billions)

Strong first half with solid revenue growth and

momentum

Primary businesses met or exceeded

expectations

Created positive operating leverage versus

first half 2006¹

Maintained excellent asset quality

Total Shareholder Return²:

Year-to-date

2

nd

Three-year

1

st

Five-year

2

nd

(1) GAAP basis and adjusted basis operating leverage are set forth in the Appendix.

(2) As of September 7, 2007.  Ranking versus super-regional banks identified in the

Appendix.  Source:  SNL DataSource.

Peer Rank

1H06

1H07

1H06

1H07

1H06

1H07

$2.47

$2.67

$735

$882

$95

$126

Highlights

Our Diversified Business Mix

Business Leadership

First Half 2007 Business Earnings Contribution*

Retail Banking

-

A leading community bank in PNC major markets

-

One of the nation’s largest bank wealth

management firms

Corporate & Institutional Banking

-

Top 10 Treasury Management business

-

The nation’s 4th

largest lead arranger of asset-

based loan syndications

-

Harris

Williams

-

one

of

the

nation’s

largest

M&A

advisory firms for middle-market companies

BlackRock

-

A global asset management company with over

$1.2 trillion in assets under management

PFPC

-

Among the largest providers of mutual fund

transfer agency and accounting and

administration services in the U.S.

Winning in

the

Payments

Space

A Premier

Middle-

market

Franchise

A Leading

Global

Servicing

Platform

World Class

Asset

Manager

$ millions

$254

$428

$110

$63

*Business earnings reconciled to GAAP net income of $882 million

in the Appendix.  BlackRock segment earnings are adjusted to exclude our

pretax share of BlackRock/MLIM integration costs totaling $3 million.

Contribution

50%

30%

13%

7%

A history of execution and strong performance

Clear strategies for growth

A strong risk management culture

PNC is differentiated by …

Focus on fee-based drivers

Maintain and grow our deposit advantage

Create positive operating leverage

Capture new market opportunities

Enhance brand awareness

Strategies for Growth

0%

10%

20%

30%

40%

50%

60%

70%

USB

KEY

FITB

WB

WFC

STI

BBT

NCC

RF

CMA

Differentiated Fee-Based Businesses

Source: SNL DataSource, PNC as reported

For the six months ended June 30, 2007

PFPC &

BLK

Noninterest Income to Total Revenue

PNC

Consumer DDA HHs

using online banking

Executing on Growth Drivers

$0

$100

$200

$300

$400

$500

Retail

C&I

Key Drivers:

Key Drivers:

Payments Business

Wealth Management

Small Business

Brokerage

Key Drivers:

Key Drivers:

Fee based Businesses

Deposit Franchise

Disciplined Lending

(1) 1H07 vs. 1H06, business segment earnings reconciled to GAAP earnings in the Appendix, (2) Not including Mercantile, (3) Represents consolidated PNC amounts

1H06

1H07

Treasury Management

Midland Loan Services

Capital Markets

1H06

1H07

2

Consumer DDA HHs

using online bill pay

51%

Earnings

Growth

+14%

1

Earnings

Growth

+17%

1

3

Focus on Deepening Relationships

Major Product Revenue

55%

17%

29%

1H06

1H07

2

$0

$100

$200

$300

$400

$500

$0

$300

$600

$900

$1,200

$1,500

Executing on Growth Drivers

PFPC

BlackRock

Key Drivers:

Key Drivers:

Productivity

Improvement

High Margin, High

Growth Products

Key Drivers:

Key Drivers:

Expanded Distribution

Broadened Product Set

Strengthened Platform

6/30/06

06/30/07

Assets Under Management

$464M

$1.23B

(1) 1H07 vs. 1H06, business segment earnings reconciled to GAAP earnings in the Appendix, (2) Reflects BlackRock entity AUM.  Not included in PNC AUM

following deconsolidation of BlackRock in September 2006.

Emerging Product Revenue

Core Product Revenue

1H04

1H07

Earnings

Growth

+19%

1

Earnings

Growth

+16%

1

21%

29%

71%

79%

Emerging

product

revenue

3-yr CAGR

19%

2

Focus on High Growth Products

Focus on Gathering Assets

at period end

Interest-bearing deposits

24%

12%

Noninterest-bearing deposits

28%

3%

Total deposits

25%

10%

2Q07 vs. 2Q06

Executing on Our Strategy to Gather

Low Cost Deposits

Source:

SNL

DataSource,

PNC

as

reported.

Peers

reflects

average

of

the

super-regional

banks

identified

in

the

Appendix

other

than

PNC

24%

38%

21%

17%

Consumer

Corporate Banking,

Treasury Management

and Other

Midland

Small

Business

PNC Has Been Focused on Growing 

Noninterest-Bearing Deposits…

Average Balances

PNC

Peers

Contribution to Average

Noninterest-Bearing Deposits

As of 6/30/07

Through Multiple Channels

USB       

2.23 %

WFC

2.44

PNC

2.72

CMA

2.73

RF

2.83

FITB

2.93

KEY

2.96

STI

3.06

BBT

3.12

WB

3.12

NCC

3.23

CMA       

21 %

WFC

21

PNC

18

KEY

17

RF

16

FITB

15

USB

15

STI

14

NCC

14

BBT

12

WB

10

Differentiated Deposit Mix

Average Noninterest-Bearing

Deposits to Average Earning Assets

For the three months ended June 30, 2007.  Source: SNL DataSource, PNC as reported

2Q07

Interest Cost of Average Total Deposits

2Q07

Providing a Funding Advantage…

With Low Cost Deposits

$0

$1

$2

$3

$4

$5

$6

$7

2004

2005

2006

Revenue

9%

Creating Positive Operating Leverage

Growing Revenues Faster Than Expenses

$ billions

Compound Annual

Growth Rate

(2004 –

2006)

Adjusted Revenue

(Taxable-equivalent) -

$5.6 billion, $6.4 billion, $8.6 billion as reported for 2004, 2005, 2006, respectively

Adjusted Noninterest

Expense -

$3.7 billion, $4.3 billion, $4.4 billion as reported for 2004, 2005, 2006, respectively

Adjusted Net Income -

$1.2 billion, $1.3 billion, $2.6 billion as reported for 2004, 2005, 2006, respectively

Net Income

12%

$1.2

$1.3

$1.5

Expense

7%

Revenue                +15%   

Expense                  +12%

Net Income            +17%

Trend Continues*

*As reported: revenue (6%), expense (14%), net income 20%.  Adjusted numbers and taxable-equivalent revenue are reconciled to GAAP

in the Appendix.

Six months ended June 30, as adjusted

2007 vs 2006

Executing on Our Acquisition Strategy

76% of PNC Pro Forma Branches Located Between the Hudson and Potomac Rivers

PNC Branches prior to 2004

Sterling Financial Corp.

Pending

Yardville National Bancorp

Pending

Mercantile Bankshares Corp.

3/2/07

Riggs National Corp.

5/13/05

United National Bancorp

1/1/04

New York

New York

Delaware

Delaware

Virginia

Virginia

New Jersey

New Jersey

Pennsylvania

Pennsylvania

Maryland

Maryland

Kentucky

Kentucky

Indiana

Indiana

Ohio

Ohio

West

West

Virginia

Virginia

$60,949

$56,250

$69,270

$54,620

$73,965

$69,363

$66,273

Improving Our Demographics

3.7%

6.0%

2.0%

3.4%

8.4%

10.0%

3.9%

2003

Proforma

Median Household Income

Projected 5-Year Population Growth

Acquisitions

2003

Proforma

Acquisitions

Amounts

based

on

data

at

time

of

acquisition

announcement.

United

Trust

data

reflects

demographics

of

footprint

counties

weighted

by

households.

Mercantile,

Yardville

and

Sterling

data

reflect

demographics

of

footprint

counties

of

that

company,

or

by

MSA

in

the

case

of

Riggs,

weighted

by

deposits.

PNC

2003

and

PNC

Proforma

amounts

reflect

demographics,

weighted

by

deposits,

of

PNC’s

68

county

footprint

and

105

county

footprint,

respectively,

including

the

impact

of

PNC’s

ongoing

branch

optimization

process.

PNC

and

Mercantile

headquarter

offices

excluded

for

purposes

of

deposit

weighting.

Source:

SNL

DataSource.

*Pending.

(1) United, Riggs, and Mercantile based on the most recent reporting quarter prior to closing.  Yardville and Sterling based on most recent

reporting quarter, and in the case of Sterling, excludes its Equipment Finance, LLC unit and rental income on operating leases.

Source:  SNL

DataSource and Company 10-Q.

Bringing the Power of PNC to New Clients

Expanding Distribution of Fee-based Products

51%

24%

40%

29%

9%

27%

Noninterest income to total revenue¹

Wealth Management

Brokerage

Credit Card

Payment Services

Treasury

Management

Small Business

M&A Advisory

Services

Capital Markets

Opportunities

(2) For the six months ended June 30, 2007, not including PFPC and BlackRock.  Reconciled to noninterest income to total revenue

on a

GAAP basis of 59% in the Appendix.

$0

$4

$8

$12

$16

$20

1Q06

2Q07

Asset Management

Service Charges

Brokerage

Corporate Services

Consumer and Other

Execution in the Greater Washington

Area (“GWA”)

40.5%

43.3%

0

25,000

50,000

75,000

100,000

125,000

GWA business checking relationships

GWA consumer checking relationships

Deepening Relationships and Growing Noninterest Income*

(2) For the three months ended March 31, 2006 compared to the six months ended June 30, 2007

GWA noninterest income

to total revenue

PNC -

GWA Retail Relationships

(1) Riggs transaction completed May 2005

PNC GWA Region

2

*Does not include Mercantile

June 30

2005¹

June 30

2007

PNC -

GWA Fee Growth

+19%

+42%

+16%

+114%

+7%

Key Initiatives

Redesigned and

simplified checking

product

Launched regional credit

card product

Redesigned PNC.com

Leveraging existing

relationships with

affluent clients

Partnering with the

Gallup Organization to

improve the customer

experience

Highest in

Customer

Satisfaction with

Small Business

Banking¹

(1) J.D. Power and Associates 2006 Small Business Banking Satisfaction Study. (2) Customer Experience Benchmarks and Best Practices, Winning customers

Online, Change Sciences Research, March 2007

PNC.com personal banking website

ranked in the top 10 for leading banks²

Investing in Our Brand to Drive Growth

A history of execution and strong performance

Clear strategies for growth

A strong risk management culture

PNC is differentiated by…

New Credit Risk

Rating System

Improved Credit

Training

PNC’s Credit Culture Evolution

Adherence to

“Target Zone”

of

Losses

Organizational

Independence

Early Workout

Intervention

Credit Culture Evolution

(2000 –

Present)

Focus on Getting Paid

Per Unit of Risk

Help

Talk

Listen

Teamwork

“Focus on the Front Door”

Proactive Process Driven by Returns

Not overly concentrated

in any area

More granularity

Limited exposure to

leveraged lending

Strong origination and

distribution capabilities

Manage

the Back Door

High Quality Consumer Loan Portfolio

Auto

7%

Residential

Mortgage

34%

Composition of Consumer Loan and Residential Mortgage Portfolio

As of June 30, 2007

Home Equity Portfolio

Credit Statistics¹

First lien positions

42%

In-footprint exposure

92%

Weighted average:

Loan to value

70%

FICO scores

727

Net charge-offs

0.18%

90 days past due

0.26%

(1) Not including Mercantile

Other

7%

Home

Equity

52%

Residential Portfolio

Credit Statistics¹

Weighted average:

Loan to value

67%

FICO scores

746

Net charge-offs

0.02%

90 days past due

0.80%

(1) Not including Mercantile

Home Equity Credit Trends

% of outstandings

Delinquency Ratio  90+ Days

Net Charge-Offs

PNC1

RMA

Source:  The Risk Management Association (“RMA”) Consumer Loan Studies, Home Equity

% of average

outstandings

PNC1

RMA

(1) Not including Mercantile

2005

2004

2006

1H07

2005

2004

2006

1H07

0.1%

0.2%

0.3%

0.4%

0.5%

0.6%

0.1%

0.2%

0.3%

0.4%

0.2%

0.5%

0.7%

1.0%

1.2%

1.5%

2Q02

2Q03

2Q04

2Q05

2Q06

2Q07

Disciplined Approach Leads to Excellent

Asset Quality

Asset Quality Compared to Peers

Net Charge-offs to Average Loans

PNC

Peer Group

Source: SNL DataSource, PNC as reported

PNC 2005 net charge-off ratio excludes $53 million loan recovery.  The ratio was 0.06% including the recovery.

Peer group reflects average of super-regional banks identified in the Appendix other than PNC

Nonperforming Assets to Loans, Loans

Held for Sale and Foreclosed Assets

PNC

Peer Group

*

*

0.10%

0.20%

0.30%

0.40%

0.50%

0.60%

0.70%

0.80%

2002

2003

2004

2005

2006

1H07

Well Positioned Based on Lehman

Research

Loans to deposits

Fee income to revenue

Demand deposits as % of total

deposits

One-year Gap rank

Linked quarter change in deposits

to average earning assets

MBS & mortgage loans as % of

average earning assets

EPS impact of gradual +100bps

parallel shift

Source:  Large-/Mid-Cap Banks 1Q07 10-Q Review, Lehman Brothers, Global Equity Research, May 23, 2007 [Data as of 1Q07]

Peer Group Ranking

Lehman Brothers Criteria

1

STI

2

PNC

3

FITB

4

RF

5

NCC

6

WB

7

KEY

8

USB

9

BBT

10

WFC

11

CMA

Summary

A demonstrated history of execution and

strong performance

Clear strategies to maintain growth

Sound risk management processes

Well Positioned to Create Value

We

make

statements

in

this

presentation,

and

we

may

from

time

to

time

make

other

statements,

regarding

our

outlook

or

expectations

for

earnings,

revenues,

expenses

and/or

other

matters

regarding

or

affecting

PNC

that

are

forward-looking

statements

within

the

meaning

of

the

Private

Securities

Litigation

Reform

Act.

Forward-looking

statements

are

typically

identified

by

words

such

as

“believe,”

“expect,”

“anticipate,”

“intend,”

“outlook,”

“estimate,”

“forecast,”

“project”

and

other

similar

words

and

expressions.

Forward-looking

statements

are

subject

to

numerous

assumptions,

risks

and

uncertainties,

which

change

over

time.

Forward-looking

statements

speak

only

as

of

the

date

they

are

made. 

We

do

not

assume

any

duty

and

do

not

undertake

to

update

our

forward-looking

statements.

Because

forward-looking

statements

are

subject

to

assumptions

and

uncertainties,

actual

results

or

future

events

could

differ,

possibly

materially,

from

those

that

we

anticipated

in

our

forward-looking

statements,

and

future

results

could

differ

materially

from

our

historical

performance.

Our

forward-looking

statements

are

subject

to

the

following

principal

risks

and

uncertainties.

We

provide

greater

detail

regarding

some

of

these

factors

in

our

Form

10-K

for

the

year

ended

December

31,

2006,

including

in

the

Risk

Factors

and

Risk

Management

sections

of

that

report,

and

in

our

first

and

second

quarter

2007

Form

10-Qs

and

other

SEC

reports.

Our

forward-looking

statements

may

also

be

subject

to

other

risks

and

uncertainties,

including

those

that

we

may

discuss

elsewhere

in

this

presentation

or

in

our

filings

with

the

SEC,

accessible

on

the

SEC’s

website

at

www.sec.gov

and

on

or

through

our

corporatewebsite

at

www.pnc.com

under

“About

PNC

–

Investor

Relations

–

Financial

Information.”

•

Our

business

and

operating

results

are

affected

by

business

and

economic

conditions

generally

or

specifically

in

the

principal

markets

in

which

we

do

business.

We

are

also

affected

by

changes

in

our

customers’

and

counterparties’

financial

performance,

as

well

as

changes

in

customer

preferences

and

behavior,

including

as

a

result

of

changing

business

and

economic

conditions.

•

The

value

of

our

assets

and

liabilities,

as

well

as

our

overall

financial

performance,

is

also

affected

by

changes

in

interest

rates

or

in

valuations

in

the

debt

and

equity

markets. 

Actions

by

the

Federal

Reserve

and

other

government

agencies,

including

those

that

impact

money

supply

and

market

interest

rates,

can

affect

our

activities

and

financial

results.

•

Our

operating

results

are

affected

by

our

liability

to

provide

shares

of

BlackRock

common

stock

to

help

fund

BlackRock

long-term

incentive

plan

(“LTIP”)

programs,

as

our

LTIP

liability

is

adjusted

quarterly

(“marked-to-market”)

based

on

changes

in

BlackRock’s

common

stock

price

and

the

number

of

remaining

committed

shares,

and

we

recognize

gain

or

loss

on

such

shares

at

such

times

as

shares

are

transferred

for

payouts

under

the

LTIP

programs.

•

Competition

can

have

an

impact

on

customer

acquisition,

growth

and

retention,

as

well

as

on

our

credit

spreads

and

product

pricing,

which

can

affect

market

share,

deposits

and

revenues.

•

Our

ability

to

implement

our

business

initiatives

and

strategies

could

affect

our

financial

performance

over

the

next

several

years.

•

Legal

and

regulatory

developments

could

have

an

impact

on

our

ability

to

operate

our

businesses

or

our

financial

condition

or

results

of

operations

or

our

competitive

position

or

reputation.

Reputational

impacts,

in

turn,

could

affect

matters

such

as

business

generation

and

retention,

our

ability

to

attract

and

retain

management,

liquidity

and

funding. 

These

legal

and

regulatory

developments

could

include:

(a)

the

unfavorable

resolution

of

legal

proceedings

or

regulatory

and

other

governmental

inquiries;

(b)

increased

litigation

risk

from

recent

regulatory

and

other

governmental

developments;

(c)

the

results

of

the

regulatory

examination

process,

our

failure

to

satisfy

the

requirements

of

agreements

with

governmental

agencies,

and

regulators’

future

use

of

supervisory

and

enforcement

tools;

(d)

legislative

and

regulatory

reforms,

including

changes

to

laws

and

regulations

involving

tax,

pension,

education

lending,

and

the

protection

of

confidential

customer

information;

and

(e)

changes

in

accounting

policies

and

principles.

•

Our

business

and

operating

results

are

affected

by

our

ability

to

identify

and

effectively

manage

risks

inherent

in

our

businesses,

including,

where

appropriate,

through

the

effective

use

of

third-party

insurance

and

capital

management

techniques.

•

Our

ability

to

anticipate

and

respond

to

technological

changes

can

have

an

impact

on

our

ability

to

respond

to

customer

needs

and

to

meet

competitive

demands.

Cautionary Statement Regarding

Forward-Looking Information

•

The

adequacy

of

our

intellectual

property

protection,

and

the

extent

of

any

costs

associated

with

obtaining

rights

in

intellectual

property

claimed

by

others,

can

impact

our

business

and

operating

results.

•

Our

business

and

operating

results

can

also

be

affected

by

widespread

natural

disasters,

terrorist

activities

or

international

hostilities,

either

as

a

result

of

the

impact

on

the

economy

and

financial

and

capital

markets

generally

or

on

us

or

on

our

customers,

suppliers

or

other

counterparties

specifically.

•

Also,

risks

and

uncertainties

that

could

affect

the

results

anticipated

in

forward-looking

statements

or

from

historical

performance

relating

to

our

equity

interest

in

BlackRock,

Inc.

are

discussed

in

more

detail

in

BlackRock’s

2006

Form

10-K,

including

in

the

Risk

Factors

section,

and

in

BlackRock’s

other

filings

with

the

SEC,

accessible

on

the

SEC’s

website

and

on

or

through

BlackRock’s

website

at

www.blackrock.com.

We

grow

our

business

from

time

to

time

by

acquiring

other

financial

services

companies,

including

the

pending

Sterling

Financial

Corporation

(“Sterling”)

and

Yardville

National

Bancorp

(“Yardville”)

acquisitions.

Acquisitions

in

general

present

us

with

risks

other

than

those

presented

by

the

nature

of

the

business

acquired.

In

particular,

acquisitions

may

be

substantially

more

expensive

to

complete

(including

as

a

result

of

costs

incurred

in

connection

with

the

integration

of

the

acquired

company)

and

the

anticipated

benefits

(including

anticipated

cost

savings

and

strategic

gains)

may

be

significantly

harder

or

take

longer

to

achieve

than

expected.

In

some

cases,

acquisitions

involve

our

entry

into

new

businesses

or

new

geographic

or

other

markets,

and

these

situations

also

present

risks

resulting

from

our

inexperience

in

these

new

areas.

As

a

regulated

financial

institution,

our

pursuit

of

attractive

acquisition

opportunities

could

be

negatively

impacted

due

to

regulatory

delays

or

other

regulatory

issues.

Regulatory

and/or

legal

issues

related

to

the

pre-acquisition

operations

of

an

acquired

business

may

cause

reputational

harm

to

PNC

following

the

acquisition

and

integration

of

the

acquired

business

into

ours

and

may

result

in

additional

future

costs

arising

as

a

result

of

those

issues.

Post-closing

acquisition

risk

continues

to

apply

to

Mercantile

Bankshares

Corporation

as

we

complete

the

integration.

Any

annualized,

proforma,

estimated,

third

party

or

consensus

numbers

in

this

presentation

are

used

for

illustrative

or

comparative

purposes

only

and

may

not

reflect

actual

results.

Any

consensus

earnings

estimates

are

calculated

based

on

the

earnings

projections

made

by

analysts

who

cover

that

company.

The

analysts’

opinions,

estimates

or

forecasts

(and

therefore

the

consensus

earnings

estimates)

are

theirs

alone,

are

not

those

of

PNC

or

its

management,

and

may

not

reflect

PNC’s,

Yardville’s,

Sterling’s

or

other

company’s

actual

or

anticipated

results.

Cautionary Statement Regarding

Forward-Looking Information (continued)

The

PNC

Financial

Services

Group,

Inc.

and

Sterling

Financial

Corporation

will

be

filing

a

proxy

statement/prospectus

and

other

relevant

documents

concerning

the

merger

with

the

United

States

Securities

and

Exchange

Commission

(the

"SEC").

WE

URGE

INVESTORS

TO

READ

THE

PROXY

STATEMENT/PROSPECTUS

AND

ANY

OTHER

DOCUMENTS

TO

BE

FILED

WITH

THE

SEC

IN

CONNECTION

WITH

THE

MERGER

OR

INCORPORATED

BY

REFERENCE

IN

THE

PROXY

STATEMENT/PROSPECTUS

BECAUSE

THEY

WILL

CONTAIN

IMPORTANT

INFORMATION.

Investors

will

be

able

to

obtain

these

documents

free

of

charge

at

the

SEC's

web

site

(www.sec.gov).

In

addition,

documents

filed

with

the

SEC

by

The

PNC

Financial

Services

Group,

Inc.

will

be

available

free

of

charge

from

Shareholder

Relations

at

(800)

843-2206.

Documents

filed

with

the

SEC

by

Sterling

Financial

Corporation

will

be

available

free

of

charge

from

Sterling

Financial

Corporation

by

contacting

Shareholder

Relations

at

(877)

248-6420.

The

directors,

executive

officers,

and

certain

other

members

of

management

and

employees

of

Sterling

Financial

Corporation

are

participants

in

the

solicitation

of

proxies

in

favor

of

the

merger

from

the

shareholders

of

Sterling

Financial

Corporation.

Information

about

the

directors

and

executive

officers

of

Sterling

Financial

Corporation

is

included

in

the

proxy

statement

for

its

May

8,

2007

annual

meeting

of

shareholders,

which

was

filed

with

the

SEC

on

April

2,

2007.

Additional

information

regarding

the

interests

of

such

participants

will

be

included

in

the

proxy

statement/prospectus

and

the

other

relevant

documents

filed

with

the

SEC

when

they

become

available.

Additional Information About The PNC/Sterling

Financial Corporation Transaction

The

PNC

Financial

Services

Group,

Inc.

(“PNC”)

and

Yardville

National

Bancorp

(“Yardville”)

have

filed

with

the

United

States

Securities

and

Exchange

Commission

(the

“SEC”)

a

proxy

statement/prospectus

and

other

relevant

documents

concerning

the

proposed

transaction.

WE

URGE

INVESTORS

TO

READ

THE

PROXY

STATEMENT/PROSPECTUS

AND

ANY

OTHER

DOCUMENTS

FILED

WITH

THE

SEC

IN

CONNECTION

WITH

THE

MERGER

OR

INCORPORATED

BY

REFERENCE

IN

THE

PROXY

STATEMENT/PROSPECTUS

BECAUSE

THEY

CONTAIN

IMPORTANT

INFORMATION.

Investors

may

obtain

these

documents

free

of

charge

at

the

SEC's

web

site

(www.sec.gov).

In

addition,

documents

filed

with

the

SEC

by

PNC

will

be

available

free

of

charge

from

Shareholder

Relations

at

(800)

843-2206.

Documents

filed

with

the

SEC

by

Yardville

will

be

available

free

of

charge

from

Yardville

by

contacting

Howard

N.

Hall,

Assistant

Treasurer's

Office,

2465

Kuser

Road,

Hamilton,

NJ

08690

or

by

calling

(609)

631-6223.

The

directors,

executive

officers,

and

certain

other

members

of

management

and

employees

of

Yardville

are

participants

in

the

solicitation

of

proxies

in

favor

of

the

merger

from

the

shareholders

of

Yardville.

Information

about

the

directors

and

executive

officers

of

Yardville

is

set

forth

in

its

Annual

Report

on

Form

10-K

filed

on

March

30,

2007

for

the

year

ended

December

31,

2006,

as

amended

by

the

Form

10-K/A

filed

on

May

10,

2007.

Additional

information

regarding

the

interests

of

such

participants

is

included

in

the

proxy

statement/prospectus

and

the

other

relevant

documents

filed

with

the

SEC.

Additional Information About The

PNC/Yardville National Bancorp Transaction

Non-GAAP to GAAP

Reconcilement

Appendix

Earnings Summary

THREE MONTHS ENDED

Pretax

Net

Diluted

Pretax

Net

Diluted

Pretax

Net

Diluted

In millions, except per share data

Adjustments

Income

EPS Impact

Adjustments

Income

EPS Impact

Adjustments

Income

EPS Impact

Net income, as reported

$423

$1.22

$459

$1.46

$381

$1.28

Adjustments:

   BlackRock LTIP (a)

$1

$(52)

(33)

(.11)

   Integration costs (b)

16

11

.03

13

8

.03

$13

5

.02

Net income, as adjusted

$434

$1.25

$434

$1.38

$386

$1.30

SIX MONTHS ENDED

Pretax

Net

Diluted

Pretax

Net

Diluted

In millions, except per share data

Adjustments

Income

EPS Impact

Adjustments

Income

EPS Impact

Net income, as reported

$882

$2.67

$735

$2.47

Adjustments:

   BlackRock LTIP (a)

$(51)

(33)

(.11)

   Integration costs (b)

29

19

.07

$19

8

.03

Net income, as adjusted

$868

$2.63

$743

$2.50

(a)

Includes

the

impact

of

the

gain

recognized

in

connection

with

PNC's

transfer

of

BlackRock

shares

to

satisfy

a

portion

of

our

2002

BlackRock

LTIP

shares

obligation

and

the

net

mark-

to-market adjustment on our remaining BlackRock LTIP shares obligation, as applicable.

(b)

Amounts

for

2007

include

both

Mercantile

acquisition

and

BlackRock/MLIM

transaction

integration

costs.

BlackRock/MLIM

transaction

integration

costs

recognized

by

PNC

in

2007

were

included

in

noninterest

income

as

a

negative

component

of

the

"Asset

management"

line

item,

which

includes

the

impact

of

our

equity

earnings

from

our

investment

in

BlackRock.

The second quarter of 2006 BlackRock/MLIM transaction integration costs were included in noninterest expense.

June 30, 2007

March 31, 2007

June 30, 2006

June 30, 2007

June 30, 2006

Non-GAAP to GAAP

Reconcilement

Appendix

Income Statement Summary –

For the Six Months Ended June 30

SIX MONTHS ENDED

In millions

As Reported 

Adjustments

As Adjusted (a) 

As Reported 

Adjustments

As Adjusted (b)

Net interest income

$1,361

$1,361

$1,112

$(7)

$1,105

Taxable-equivalent adjustment

14

14

13

13

Net interest income, taxable-equivalent basis

1,375

1,375

1,125

(7)

1,118

Net interest income:

% Change As

Adjusted

% Change As

Reported

     Loans

526

526

472

(7)

465

13%

11%

     Deposits

849

849

653

653

30%

30%

Noninterest Income

1,966

(48)

1,918

2,415

(666)

1,749

10%

(19%)

Total revenue, taxable equivalent basis

3,341

(48)

3,293

3,540

(673)

2,867

15%

(6%)

Loan net interest income as a % of total revenue, TE

16.0%

16.2%

Deposit net interest income as a % of total revenue, TE

25.8%

22.8%

Noninterest income as a % of total revenue, TE

58.2%

61.0%

Provision for credit losses

62

62

66

66

Noninterest income

1,966

$(48)

1,918

2,415

(666)

1,749

Noninterest expense

1,984

(26)

1,958

2,307

(561)

1,746

12%

(14%)

     Income before minority interest

        and income taxes

1,281

(22)

1,259

1,154

(112)

1,042

Minority interest in income

   of BlackRock

41

(41)

Income taxes

399

(8)

391

378

(79)

299

     Net income

$882

($14)

$868

$735

$8

$743

17%

20%

SIX MONTHS ENDED

As Reported 

Adjustments

As Adjusted (a) 

As Reported 

Adjustments

As Adjusted (b)

% Change As

Adjusted

% Change As

Reported

Noninterest expense

1,984

(26)

1,958

2,307

(561)

1,746

12%

(14%)

Noninterest expense, excluding Mercantile expense of $156 million

1,828

(26)

1,802

2,307

(561)

1,746

3%

June 30, 2007

June 30, 2006

June 30, 2007

June 30, 2006

(a)

Amounts

adjusted

to

exclude

the

impact

of

the

following

pretax

items:

(1)

the

net

mark-to-market

adjustment

charge

totaling

$1

million

for

the

second

quarter

of

2007

and

a

net

effect

for

the

first

six

months

of

2007

of

$51

million

(consisting

of

the

gain

recognized

in

connection

with

our

first

quarter

shares

transfer

net

of

the

mark-to-market

adjustment

charge

for

both

quarters)

on

our

BlackRock

LTIP

shares obligation, and (2) Mercantile acquisition and BlackRock/MLIM transaction integration costs totaling $16 million for the second quarter and $29 million for the first six months of 2007.

(b)

Amounts

adjusted

as

if

we

had

recorded

our

investment

in

BlackRock

on

the

equity

method

for

all

periods

presented

and

to

exclude

PNC's

portion

of

BlackRock/MLIM

transaction

integration

costs

of

$13

million and $19 million before taxes for the second quarter and first six months of 2006, respectively.

Non-GAAP to GAAP

Reconcilement

Appendix

Business Segment Earnings and Operating Leverage

OPERATING LEVERAGE

SIX MONTHS ENDED

Dollars in millions

As Reported

As Adjusted

(b)

As

Reported

As Adjusted

(c)

As Reported

As Adjusted

Net interest income

$1,361

$1,361

$1,112

$1,105

Noninterest income

     Asset management

355

358

890

257

     Other

1,611

1,560

1,525

1,492

Total revenue

$3,327

$3,279

$3,527

$2,854

(6%)

15%

Noninterest expense

$1,984

$1,958

$2,307

$1,746

(14%)

12%

Operating leverage

8%

3%

(c) See note (b) on previous slide.

June 30, 2007

June 30, 2006

Change

(b) See note (a) on previous slide.

Dollars in millions

2007

% of Segments

2006

% Change

Retail Banking

$428

50%

$375

14%

Corporate & Institutional Banking

254

30%

217

17%

BlackRock (a)

110

13%

95

16%

PFPC

63

7%

53

19%

     Total business segment earnings

855

740

Other (a)

27

(5)

Total consolidated net income

$882

$735

Earnings (Loss)

Six Months Ending June 30

(a)

For

our

segment

reporting

presentation

in

management's

discussion

and

analysis,

our

after-tax

share

of

BlackRock/MLIM

transaction

integration

costs

totaling

$2

million

and

$8

million

for

the

six

months

ended

June

30,

2007

and

June

30,

2006

have

been

reclassified

from

BlackRock

to

"Other."

"Other"

for

the

first

six

months

of

2007

also

includes $26 million of pretax Mercantile acquisition integration costs.

Non-GAAP to GAAP

Reconcilement

Appendix

Average Balance Sheet and Noninterest Income

Six Months Ending June 30, 2007

Dollars in millions

Retail

Banking

Corporate &

Institutional

Banking

Other

Banking and

Other

BlackRock

PFPC

Total

Net interest income (expense)

$984

$371

$15

$1,370

($9)

$1,361

Noninterest income

830

374

205

1,409

$140

417

1,966

Total Revenue

$1,814

$745

$220

$2,779

$140

$408

$3,327

Noninterest income as a % of

total revenue

46%

50%

93%

51%

100%

102%

59%

Average Balance Sheet for the three months ended:

June 30, 2007

June 30, 2006

$ millions

PNC Excluding

Mercantile

Mercantile (a)

PNC As

Reported

PNC

% Change

Excluding

Mercantile

% Change

Including

Mercantile

Average loans, net of unearned income

Commercial

$20,919

$3,733

$24,652

$20,348

3%

21%

Commercial real estate

3,456

6,057

9,513

3,071

13%

210%

Consumer

16,257

1,629

17,886

16,049

1%

11%

Residential mortgages

7,437

1,090

8,527

7,353

1%

16%

Other, including total unearned income (b)

2,969

8

2,977

3,115

(5%)

(4%)

Total average loans, net of unearned income

$51,038

$12,517

$63,555

$49,936

2%

27%

Average deposits

Interest-bearing

$51,111

$9,293

$60,404

$48,710

5%

24%

Noninterest-bearing

14,707

3,117

17,824

13,926

6%

28%

Total average deposits

$65,818

$12,410

$78,228

$62,636

5%

25%

(a) Mercantile activity is from the closing on March 2, 2007 through March 31, 2007.

(b) Includes lease financing.

Non-GAAP to GAAP

Reconcilement

Appendix

Income Statement Summary –

2004 to 2006

BlackRock

For the year ended December 31, 2006

PNC

Deconsolidation and

BlackRock

PNC

In millions

As Reported

Adjustments (a)

Other Adjustments

Equity Method

As Adjusted

Net interest income

$2,245

$(10)

$2,235

Provision for credit losses

124

124

Noninterest

income

6,327

$(1,812)

(1,087)

$144

3,572

Noninterest

expense

4,443

(91)

(765)

3,587

Income before minority interest and income taxes

4,005

(1,721)

(332)

144

2,096

Minority interest in income of BlackRock

47

18

(65)

Income taxes

1,363

(658)

(130)

7

582

Net income

$2,595

$(1,081)

$(137)

$137

$1,514

For the year ended December 31, 2005

BlackRock

PNC

Deconsolidation and

BlackRock

PNC

In millions

As Reported

Other Adjustments

Equity Method

As Adjusted

Net interest income

$2,154

$(12)

$2,142

Provision for credit losses

21

21

Noninterest

income

4,173

(1,214)

$163

3,122

Noninterest

expense

4,306

(853)

3,453

Income before minority interest and income taxes

2,000

(373)

163

1,790

Minority interest in income of BlackRock

71

(71)

Income taxes

604

(150)

11

465

Net income

$1,325

$(152)

$152

$1,325

(a)

Includes

the

impact

of

the

following

items,

all

on

a

pretax

basis:

$2,078

million

gain

on

BlackRock/MLIM

transaction,

$196

million

securities

portfolio

rebalancing

loss,

$101

million

of

BlackRock/MLIM

transaction

integration

costs,

$48

million

mortgage

loan

portfolio

repositioning

loss,

and

$12

million

net

loss

related

to

our

BlackRock

LTIP shares obligation.

Non-GAAP to GAAP

Reconcilement

Appendix

Income Statement Summary –

2004 to 2006 (continued)

For the year ended December 31, 2004

BlackRock

PNC

Deconsolidation and

BlackRock

PNC

In millions

As Reported

Other Adjustments

Equity Method

As Adjusted

Net interest income

$1,969

$(14)

$1,955

Provision for credit losses

52

52

Noninterest

income

3,572

(745)

$101

2,928

Noninterest

expense

3,712

(564)

3,148

Income before minority interest and income taxes

1,777

(195)

101

1,683

Minority interest in income of BlackRock

42

(42)

Income taxes

538

(59)

7

486

Net income

$1,197

$(94)

$94

$1,197

In millions

2004

2005

2006

CAGR

Adjusted net interest income

$1,955

$2,142

$2,235

Adjusted noninterest

income

2,928

3,122

3,572

Taxable-equivalent adjustment

20

33

25

Adjusted total revenue

4,903

5,297

5,832

9%

Adjusted noninterest

expense

3,148

3,453

3,587

7%

Adjusted net income

$1,197

$1,325

$1,514

12%

In millions

2004

2005

2006

CAGR

Net interest income, as reported

$1,969

$2,154

$2,245

Noninterest

income, as reported

3,572

4,173

6,327

Taxable-equivalent adjustment

20

33

25

Total revenue, taxable equivalent basis

5,561

6,360

8,597

24%

Noninterest

expense, as reported

3,712

4,306

4,443

9%

Net income, as reported

$1,197

$1,325

$2,595

47%

The PNC Financial Services Group, Inc.

PNC

BB&T Corporation

BBT

Comerica

CMA

Fifth Third Bancorp

FITB

KeyCorp

KEY

National City Corporation

NCC

Regions Financial

RF

SunTrust Banks, Inc.

STI

U.S. Bancorp

USB

Wachovia Corporation

WB

Wells Fargo & Company

WFC

Ticker

Peer Group of

Super-Regional Banks

Appendix