EXHIBIT 21 PNC BANK CORP. SCHEDULE OF CERTAIN SUBSIDIARIES (AS OF FEBRUARY 28, 1997)
STATE OR OTHER JURISDICTION OF NAME (1) INCORPORATION OR ORGANIZATION - ----------------------------------------------------------------- ----------------------------------------------------- PNC Bancorp, Inc. Delaware PNC Bank, Delaware (2) Delaware PNC Bank, FSB (2) United States PNC Bank, Indiana, Inc. (2) Indiana PNC Bank, Kentucky, Inc. (2) Kentucky PNC Bank, National Association (2) United States PNC Bank, New England (2) Massachusetts PNC Bank, Ohio, National Association (2) United States PNC Mortgage Bank, National Association (2) United States PNC National Bank of Delaware (2) United States PNC Holding Corp. Delaware Alpine Indemnity Limited Grand Cayman, B.W.I. CastleInternational Asset Management Limited United Kingdom Midlantic Commercial Leasing Corp. New York Midlantic Funding Corp. New Jersey Parkway Management Inc. New Jersey PFPC International (Cayman) Ltd Grand Cayman, B.W.I. PFPC International Ltd Dublin, Ireland PFPC Trustee and Custodial Services Ltd Dublin, Ireland PNC Alliance Inc. Delaware PNC Capital Corp. Delaware PNC Capital Markets, Inc. Pennsylvania PNC Capital Recovery Corp. Pennsylvania PNC Commercial Corp Florida PNC Equity Management Corp Pennsylvania PNC ESOP Funding Corporation Delaware PNC Financial Services, Inc. Kentucky PNC Funding Corp Pennsylvania PNC Insurance Corp. Arizona PNC Investment Corp. (2) Delaware PNC Management Services Corp Delaware PNC Network Holdings Corp. (2) Delaware PNC Realty Company, Ohio Ohio PNC Realty Holding Corp (2) Pennsylvania PNC Trust Company of New York New York PNC Venture Corp Delaware
(1) All active first tier subsidiaries of the Corporation's two primary subsidiary holding companies, PNC Bancorp, Inc. and PNC Holding Corp., have been listed. Not all of such subsidiaries are "significant subsidiaries" within the meaning of Rule 1-02(v) of Regulation S-X. (2) The names of the subsidiaries of the indicated entities are omitted because such subsidiaries, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary.