EXHIBIT 21 PNC BANK CORP. SCHEDULE OF CERTAIN SUBSIDIARIES (AS OF FEBRUARY 28, 1999)
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, National Association (2) United States PNC Bank, New England (2) Massachusetts PNC Holding Corp. Delaware Alpine Indemnity Limited Grand Cayman, B.W.I. PFPC Worldwide Inc. (2) Delaware PNC Alliance, Inc. Delaware PNC Capital Corp. Delaware PNC Capital Markets, Inc. Pennsylvania PNC Capital Recovery Corp. Pennsylvania PNC Commercial Corp Florida PNC Equities Corp. Delaware PNC Equity Management Corp (2) Pennsylvania PNC Equity Securities Corp. Delaware PNC ESOP Funding Corporation Delaware PNC Funding Corp Pennsylvania PNC GPI, Inc. Delaware 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 Venture Corp Delaware J.J.B. Hilliard, W.L. Lyons, Inc. (3) Kentucky
(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. (3) The names of the related companies and subsidiaries of this company are omitted because such companies, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary.