Financial Supplement (unaudited) for Third Quarter 2005

Exhibit 99.1

LOGO

THE PNC FINANCIAL SERVICES GROUP, INC.

FINANCIAL SUPPLEMENT

THIRD QUARTER 2005

UNAUDITED

THE PNC FINANCIAL SERVICES GROUP, INC.

FINANCIAL SUPPLEMENT

THIRD QUARTER 2005

UNAUDITED


		Page
Consolidated Income Statement		1
Consolidated Balance Sheet		2
Capital Ratios and Asset Quality Ratios		2
Results of Businesses
Summary of Business Results, Headcount and Effective Tax Rate		3
Consumer Banking		4-5
Institutional Banking		6
BlackRock		7
PFPC		8
Details of Net Interest Income, Net Interest Margin, and Trading Revenue		9
Efficiency Ratios		10
Average Consolidated Balance Sheet and Supplemental Average Balance Sheet Information		11-12
Details of Loans and Lending Statistics		13
Allowances for Loan and Lease Losses and Unfunded Loan Commitments and Letters of Credit and Net Unfunded Commitments		14
Details of Nonperforming Assets		15-16
Glossary of Terms		17-19
Business Segment Products and Services		20

The information contained in this Financial Supplement is preliminary, unaudited and based on data available at October 20, 2005. We have reclassified certain prior period amounts included in this Financial Supplement to be consistent with the current period presentation. This information speaks only as of the particular date or dates included in the schedules. We do not undertake any obligation to, and disclaim any duty to, correct or update any of the information provided in this Financial Supplement. Our future financial performance is subject to risks and uncertainties as described in our SEC filings.

The period-end headcount statistics disclosed in this Financial Supplement for each business segment reflect full-time staff directly employed by the respective business segment and exclude corporate and shared services employees.

Page 1

THE PNC FINANCIAL SERVICES GROUP, INC.

Consolidated Income Statement (Unaudited)


*For the three months ended - dollars in millions, except per share data*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Interest Income
Loans and fees on loans	$	718		$	646		$	578		$	547		$	516
Securities available for sale and held to maturity		219			198			172			154			139
Other		58			57			54			42			30

Total interest income		995			901			804			743			685

Interest Expense
Deposits		270			224			182			152			121
Borrowed funds		166			143			116			88			73

Total interest expense		436			367			298			240			194

Net interest income		559			534			506			503			491
Provision for (recoveries of) credit losses		16			(27	)		8			19			13

Net interest income less provision for credit losses		543			561			498			484			478

Noninterest Income
Asset management		364			334			314			256			239
Fund servicing		218			219			220			209			204
Service charges on deposits		73			67			59			65			65
Brokerage		56			57			55			53			52
Consumer services		75			74			66			68			66
Corporate services		127			117			107			120			100
Equity management gains		36			12			32			9			16
Net securities gains (losses)		(2	)		(26	)		(9	)		10			16
Trading		47			11			50			44			16
Other		119			60			79			70			64

Total noninterest income (a)		1,113			925			973			904			838

Noninterest Expense
Compensation		545			481			479			452			500
Employee benefits		86			86			83			82			76
Net occupancy		86			72			73			64			68
Equipment		73			74			74			74			72
Marketing		30			25			20			24			19
Other		336			298			270			253			246

Total noninterest expense		1,156			1,036			999			949			981

Income before minority and noncontrolling interests and income taxes		500			450			472			439			335
Minority and noncontrolling interests in income (loss) of consolidated entities		14			9			6			5			(13	)
Income taxes		152			159			112			127			90

Net income	$	334		$	282		$	354		$	307		$	258

Earnings Per Common Share
Basic	$	1.16		$	.99		$	1.26		$	1.09		$	.92
Diluted	$	1.14		$	.98		$	1.24		$	1.08		$	.91

Average Common Shares Outstanding
Basic		289			285			281			281			281
Diluted		292			288			284			283			283

Noninterest income to total revenue		67	%		63	%		66	%		64	%		63	%

(a) The following is a reconciliation of total noninterest income (GAAP basis) to noninterest income less equity management gains, net securities gains and losses, and trading income. We believe that noninterest income as adjusted for these three market sensitive components, when viewed together with the GAAP basis total noninterest income, is helpful in understanding the trends in our fee-based noninterest income over the periods presented and, as such, is useful information to both management and investors.

Total noninterest income, GAAP basis	$	1,113		$	925		$	973		$	904		$	838
Less: Equity management gains		36			12			32			9			16
Net securities gains (losses)		(2	)		(26	)		(9	)		10			16
Trading		47			11			50			44			16

Noninterest income, as adjusted	$	1,032		$	928		$	900		$	841		$	790

Page 2

THE PNC FINANCIAL SERVICES GROUP, INC.

Consolidated

Balance Sheet (Unaudited)


*In millions, except par value*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Assets
Cash and due from banks	$	3,474		$	3,442		$	2,908		$	3,230		$	3,005
Federal funds sold and resale agreements		907			89			1,252			1,635			1,154
Other short-term investments, including trading securities		2,553			2,203			2,354			1,848			1,801
Loans held for sale		2,377			2,275			2,067			1,670			1,582
Securities available for sale and held to maturity		20,658			20,437			18,449			16,761			16,824
Loans, net of unearned income of $856, $847, $872, $902 and $931		50,510			49,317			44,674			43,495			42,480
Allowance for loan and lease losses		(634	)		(628	)		(600	)		(607	)		(581	)

Net loans		49,876			48,689			44,074			42,888			41,899
Goodwill		3,470			3,418			2,976			3,001			3,007
Other intangible assets		755			752			613			354			348
Other		9,171			9,489			8,666			8,336			7,678

Total assets	$	93,241		$	90,794		$	83,359		$	79,723		$	77,298

Liabilities
Deposits
Noninterest-bearing	$	14,099		$	13,751		$	12,808		$	12,915		$	12,461
Interest-bearing		46,115			44,922			42,361			40,354			38,701

Total deposits		60,214			58,673			55,169			53,269			51,162
Borrowed funds
Federal funds purchased		1,477			2,701			995			219			2,008
Repurchase agreements		2,054			2,042			2,077			1,376			1,595
Bank notes and senior debt		3,475			2,920			3,662			2,383			2,997
Subordinated debt		4,506			4,105			3,988			4,050			3,569
Commercial paper		3,447			3,998			2,381			2,251			1,805
Other borrowed funds		3,415			2,440			1,411			1,685			945

Total borrowed funds		18,374			18,206			14,514			11,964			12,919

Allowance for unfunded loan commitments and letters of credit		79			84			78			75			96
Accrued expenses		2,637			2,358			2,288			2,406			2,402
Other		3,025			2,723			3,199			4,032			2,908

Total liabilities		84,329			82,044			75,248			71,746			69,487

Minority and noncontrolling interests in consolidated entities		595			507			532			504			499

Shareholders’ Equity
Preferred stock (a)
Common stock - $5 par value Authorized 800 shares, issued 353 shares		1,764			1,764			1,764			1,764			1,764
Capital surplus		1,358			1,353			1,275			1,265			1,246
Retained earnings		8,814			8,626			8,485			8,273			8,107
Deferred compensation expense		(64	)		(70	)		(42	)		(51	)		(52	)
Accumulated other comprehensive loss		(200	)		(41	)		(175	)		(54	)		(25	)
Common stock held in treasury at cost: 62, 62, 70, 70 and 70 shares		(3,355	)		(3,389	)		(3,728	)		(3,724	)		(3,728	)

Total shareholders’ equity		8,317			8,243			7,579			7,473			7,312

Total liabilities, minority and noncontrolling interests, and shareholders’ equity	$	93,241		$	90,794		$	83,359		$	79,723		$	77,298

CAPITAL RATIOS
Tier 1 Risk-based (b)		8.3	%		8.3	%		8.7	%		9.0	%		9.0	%
Total Risk-based (b)		12.4			11.9			12.6			13.0			12.5
Leverage (b)		7.1			7.2			7.3			7.6			7.7
Tangible common		4.9			5.0			5.3			5.7			5.6
Common shareholders’ equity to assets		8.91			9.07			9.08			9.36			9.45

ASSET QUALITY RATIOS
Nonperforming assets to loans, loans held for sale and foreclosed assets		.29	%		.32	%		.35	%		.39	%		.42	%
Nonperforming loans to loans		.25			.27			.29			.33			.35
Net charge-offs to average loans (For the three months ended) (c)		.12			(.32	)		.11			.13			.12
Allowance for loan and lease losses to loans		1.26			1.27			1.34			1.40			1.37
Allowance for loan and lease losses to nonperforming loans		499			476			458			424			393

(a)	Less than $.5 million at each date.

(b)	Estimated for September 30, 2005.

(c)	This ratio for the three months ended June 30, 2005 reflects the impact of a $53 million loan recovery during that quarter. Excluding the impact of this recovery, the ratio of net charge-offs to average loans for the second quarter of 2005 would have been .13%.

Page 3

THE PNC FINANCIAL SERVICES GROUP, INC.

Summary

of Business Results, Headcount and Effective Tax Rate (Unaudited)


*Three months ended – dollars in millions* (a)	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Earnings
Consumer Banking	$	176		$	162		$	149		$	167		$	158
Institutional Banking		118			144			110			108			100
BlackRock (b)		61			53			47			50			(10	)
PFPC		28			24			23			20			17

Total business segment earnings		383			383			329			345			265
Minority interest in (income) loss of BlackRock		(19	)		(16	)		(14	)		(15	)		3
Other		(30	)		(85	)		39			(23	)		(10	)

Total consolidated net income	$	334		$	282		$	354		$	307		$	258

Revenue (c)
Consumer Banking	$	737		$	708		$	660		$	688		$	674
Institutional Banking		347			323			312			333			299
BlackRock		301			271			250			188			171
PFPC		221			221			230			209			203

Total business segment revenue		1,606			1,523			1,452			1,418			1,347
Other		73			(57	)		33			(5	)		(11	)

Total consolidated revenue	$	1,679		$	1,466		$	1,485		$	1,413		$	1,336

(a)

This summary also serves as a reconciliation of business segment earnings and revenue to total consolidated earnings and revenue. See our Current Report on Form 8-K dated September 30, 2005 regarding changes to the presentation of results for our business segments. Our business segment information is presented based on our management accounting practices and our management structure. We refine our methodologies from time to time as our management accounting practices are enhanced and our businesses and management structure change.

(b)

BlackRock results for the third quarter of 2004 reflect a $57 million after-tax impact associated with commencing expense recognition for BlackRock’s 2002 Long-Term Retention and Incentive Plan (LTIP), of which approximately $8 million related to that quarter. Our 2004 Form 10-K has additional information on the LTIP and related charges under Note 22 Stock-Based Compensation Plans in the Notes To Consolidated Financial Statements. After-tax LTIP charges for the quarters ended September 30, 2005, June 30, 2005, March 31, 2005 and December 31, 2004 were $9 million, $10 million, $9 million and $8 million, respectively.

(c)

Business segment revenue is presented on a taxable-equivalent basis except for PFPC, which is presented on a book (GAAP) basis. The interest income earned on certain earning assets is completely or partially exempt from federal income tax. As such, these tax-exempt instruments typically yield lower returns than a taxable investment. To provide more meaningful comparisons of yields and margins for all earning assets, we have increased the interest income earned on tax-exempt assets to make them fully equivalent to other taxable interest income investments. This adjustment is not permitted under generally accepted accounting principles (GAAP) on the Consolidated Income Statement. The following is a reconciliation of total consolidated revenue on a book (GAAP) basis to total consolidated revenue on a taxable-equivalent basis (in millions):


	September 30 2005		June 30 2005		March 31 2005		December 31 2004		September 30 2004
Total consolidated revenue, book (GAAP) basis	$	1,672	$	1,459	$	1,479	$	1,407	$	1,329
Taxable-equivalent adjustment		7		7		6		6		7

Total consolidated revenue, taxable-equivalent basis	$	1,679	$	1,466	$	1,485	$	1,413	$	1,336


Period-end Full-time Headcount	September 30 2005		June 30 2005		March 31 2005		December 31 2004		September 30 2004
Consumer Banking	11,963		12,241		11,779		11,800		11,863
Institutional Banking	2,913		2,995		2,961		2,974		2,940
BlackRock	2,145		2,141		1,999		1,142		1,113
PFPC	4,457		4,599		4,549		4,460		4,442
Other	2,333		2,421		2,352		2,366		2,333

Total	23,811		24,397		23,640		22,742		22,691

Effective tax rate (d)	30.4	%	35.3	%	23.7	%	28.9	%	26.9	%

(d)

The decrease in the third quarter 2005 effective tax rate was principally caused by a decrease in the tax rate at PFPC resulting from changes in the way income is apportioned for state tax purposes; the effect of contributing BlackRock stock to the PNC Foundation; and adjustments related to the completion of PNC’s 2004 federal income tax return.

The second quarter 2005 effective tax rate reflects a $6 million increase in deferred taxes related to the Riggs acquisition.

The first quarter 2005 effective tax rate reflects the $45 million impact of the reversal of certain deferred tax liabilities in connection with the transfer of our ownership interest in BlackRock from PNC Bank, National Association to our intermediate bank holding company, PNC Bancorp, Inc. See our first quarter 2005 Quarterly Report on Form 10-Q for additional information.

The fourth quarter 2004 effective tax rate reflects a $10 million income tax benefit resulting from the release of reserves allocated to BlackRock’s New York City tax liability due to the receipt of a favorable preliminary audit finding for the tax years 1998 through 2000.

The third quarter 2004 effective tax rate reflects a $14 million reduction in income tax expense following our determination that we no longer require an income tax reserve related to bank-owned life insurance. See our third quarter 2004 Quarterly Report on Form 10-Q for additional information.

Page 4

THE PNC FINANCIAL SERVICES GROUP, INC.

Consumer Banking (Unaudited)


*Three months ended* *Taxable-equivalent basis* (a) *Dollars in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
INCOME STATEMENT
Net interest income	$	404		$	395		$	369		$	373		$	371
Noninterest income
Asset management		87			83			81			79			77
Service charges on deposits		71			65			57			62			63
Brokerage		54			56			53			52			51
Consumer services		66			64			59			61			60
Other		55			45			41			61			52

Total noninterest income		333			313			291			315			303

Total revenue		737			708			660			688			674
Provision for credit losses		14			15			14			13			14
Noninterest expense
Compensation and employee benefits		212			211			201			209			200
Net occupancy and equipment		81			79			76			74			75
Other		148			144			132			129			135

Total noninterest expense		441			434			409			412			410

Pretax earnings		282			259			237			263			250
Income taxes		106			97			88			96			92

Earnings	$	176		$	162		$	149		$	167		$	158

AVERAGE BALANCE SHEET
Loans
Consumer
Home equity	$	13,570		$	13,267		$	12,803		$	12,562		$	12,163
Indirect		952			917			892			881			879
Other		1,205			1,171			1,141			1,194			1,202

Total consumer		15,727			15,355			14,836			14,637			14,244
Commercial		5,235			5,033			4,821			4,631			4,552
Floor plan		903			1,050			1,013			961			929
Residential mortgage		1,789			1,326			776			817			856
Other		247			269			280			284			289

Total loans		23,901			23,033			21,726			21,330			20,870
Goodwill		1,458			1,248			1,144			1,153			1,158
Loans held for sale		1,602			1,455			1,345			1,221			1,238
Other assets		1,827			1,710			1,634			1,710			1,688

Total assets	$	28,788		$	27,446		$	25,849		$	25,414		$	24,954

Deposits
Noninterest-bearing demand	$	7,891		$	7,529		$	7,200		$	7,373		$	7,161
Interest-bearing demand		8,044			7,929			7,710			7,758			7,599
Money market		14,042			13,175			12,902			12,795			13,010

Total transaction deposits		29,977			28,633			27,812			27,926			27,770
Savings		2,516			2,712			2,766			2,762			2,686
Certificates of deposit		11,996			11,107			10,171			9,634			8,991

Total deposits		44,489			42,452			40,749			40,322			39,447
Other liabilities		370			396			408			463			461
Capital		2,919			2,774			2,748			2,717			2,680

Total funds	$	47,778		$	45,622		$	43,905		$	43,502		$	42,588

PERFORMANCE RATIOS (b)
Return on average capital		24	%		23	%		22	%		24	%		23	%
Noninterest income to total revenue		45			44			44			46			45

(a)	See notes (a) and (c) on Page 3.

(b)	See page 10 for information regarding efficiency ratios.

Page 5

THE PNC FINANCIAL SERVICES GROUP, INC.

Consumer Banking (Unaudited) (Continued)


*Three months ended* *Dollars in millions except as noted*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
OTHER INFORMATION (a)
Credit-related statistics:
Nonperforming assets	$	87		$	84		$	93		$	100		$	95
Net charge-offs		11			16			14			11			10
Loans		23,901			23,033			21,726			21,330			20,870
Annualized net charge-off ratio		.18	%		.28	%		.26	%		.21	%		.19	%

Home equity portfolio credit statistics:
% of first lien positions		47	%		48	%		50	%		50	%		51	%
Weighted average loan-to-value ratios		70	%		70	%		69	%		69	%		69	%
Weighted average FICO scores		721			720			717			717			717
Loans 90 days past due		.18	%		.18	%		.19	%		.21	%		.21	%

Checking-related statistics:
Consumer Bank checking relationships		1,921,000			1,882,000			1,782,000			1,762,000			1,753,000
Consumer DDA households using online banking		830,000			793,000			748,000			717,000			695,000
% of consumer DDA households using online banking		48	%		47	%		47	%		45	%		44	%
Consumer DDA households using online bill payment		188,000			167,000			132,000			113,000			109,000
% of consumer DDA households using online bill payment		11	%		10	%		8	%		7	%		7	%

Small business deposits:
Noninterest-bearing	$	4,499		$	4,267		$	4,086		$	4,203		$	4,067
Interest-bearing		1,547			1,478			1,556			1,764			1,574
Money market		3,045			2,774			2,630			2,836			2,788
Certificates of deposit		410			353			352			318			304

Brokerage statistics:
Margin loans	$	223		$	218		$	249		$	254		$	267
Financial consultants (b)		784			789			783			814			778
Full service brokerage offices (b)		99			98			96			98			98
Brokerage account assets (in billions)	$	42		$	41		$	39		$	40		$	38

Other statistics:
Gains on sales of education loans (c)	$	11		$	3		$	1		$	13		$	15
Period-end full-time headcount		11,963			12,241			11,779			11,800			11,863
ATMs		3,770			3,788			3,610			3,581			3,555
Branches (d)		830			827			772			776			776

ASSETS UNDER ADMINISTRATION (in billions) (e)
Assets under management
Personal	$	41		$	41		$	40		$	41		$	39
Institutional		9			9			9			9			9

Total	$	50		$	50		$	49		$	50		$	48

Asset Type
Equity	$	31		$	31		$	30		$	30		$	28
Fixed income		13			13			13			14			14
Liquidity/Other		6			6			6			6			6

Total	$	50		$	50		$	49		$	50		$	48

Nondiscretionary assets under administration
Personal	$	27		$	26		$	29		$	29		$	27
Institutional		58			59			63			64			64

Total	$	85		$	85		$	92		$	93		$	91

Asset Type
Equity	$	32		$	31		$	32		$	32		$	31
Fixed income		25			26			32			33			32
Liquidity/Other		28			28			28			28			28

Total	$	85		$	85		$	92		$	93		$	91

(a)	Presented as of period-end, except for net charge-offs, annualized net charge-off ratio, home equity portfolio weighted average statistics, gains on sales of education loans, and small business deposits.

(b)	In addition to full service brokerage offices, PNC Investments, LLC provides investment, brokerage and insurance products in PNC traditional branches.

(c)	Included in “Noninterest income-Other” on page 4.

(d)	Excludes certain satellite branches that provide limited products and service hours.

(e)	Excludes brokerage account assets.

Page 6

THE PNC FINANCIAL SERVICES GROUP, INC.

Institutional Banking (Unaudited)


*Three months ended* *Taxable-equivalent basis (a)* *Dollars in millions except as noted*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
INCOME STATEMENT
Net interest income	$	192		$	182		$	176		$	183		$	180
Noninterest income
Net commercial mortgage banking
Net gains on loan sales		21			18			9			20			6
Servicing and other fees, net of amortization		16			15			14			12			12
Other		118			108			113			118			101

Noninterest income		155			141			136			150			119

Total revenue		347			323			312			333			299
Provision for (recoveries of) credit losses		(1	)		(48	)		(4	)		9			1
Noninterest expense		187			168			167			181			166

Pretax earnings		161			203			149			143			132
Noncontrolling interests in income of consolidated entities		(14	)		(11	)		(11	)		(11	)		(12	)
Income taxes		57			70			50			46			44

Earnings	$	118		$	144		$	110		$	108		$	100

AVERAGE BALANCE SHEET
Loans
Corporate banking (b)	$	11,436		$	10,940		$	10,417		$	10,139		$	9,776
Commercial real estate		2,580			2,139			1,807			1,824			1,902
Commercial - real estate related		2,139			2,090			1,782			1,743			1,704
Asset-based lending		4,227			4,303			4,050			3,976			3,838

Total loans (b)		20,382			19,472			18,056			17,682			17,220
Loans held for sale		789			694			598			555			349
Other assets		6,073			6,014			5,430			4,514			4,010

Total assets	$	27,244		$	26,180		$	24,084		$	22,751		$	21,579

Deposits	$	9,535		$	9,165		$	8,683		$	8,536		$	7,882
Commercial paper (c)		2,553			2,168			2,127			1,954			1,679
Other liabilities		3,840			4,005			3,777			3,395			2,944
Capital		1,743			1,671			1,692			1,590			1,586

Total funds	$	17,671		$	17,009		$	16,279		$	15,475		$	14,091

PERFORMANCE RATIOS
Return on average capital		27	%		35	%		26	%		27	%		25	%
Noninterest income to total revenue		45			44			44			45			40
Efficiency		54			52			54			54			56

COMMERCIAL MORTGAGE
SERVICING PORTFOLIO (in billions)
Beginning of period	$	119		$	105		$	98		$	93		$	89
Acquisitions/additions		18			21			14			12			11
Repayments/transfers		(11	)		(7	)		(7	)		(7	)		(7	)

End of period	$	126		$	119		$	105		$	98		$	93

OTHER INFORMATION
Consolidated revenue from: (d)
Treasury Management	$	105		$	103		$	97		$	99		$	95
Capital Markets	$	42		$	29		$	42		$	44		$	27
Midland Loan Services	$	35		$	29		$	30		$	27		$	30
Equipment Leasing	$	16		$	18		$	18		$	21		$	21
Total loans (e)	$	21,084		$	20,726		$	18,595		$	17,959		$	17,650
Nonperforming assets (e)	$	67		$	77		$	65		$	71		$	82
Net charge-offs (recoveries)	$	5		$	(54	)	$	(2	)	$	3
Period-end full-time headcount		2,913			2,995			2,961			2,974			2,940
Net carrying amount of commercial mortgage servicing rights (e)	$	297		$	276		$	258		$	242		$	229

(a)	See note (a) and (c) on page 3.

(b)	Includes lease financing and Market Street Funding Corporation.

(c)	Includes Market Street Funding Corporation. See Supplemental Average Balance Sheet Information on pages 11 and 12 re: Market Street.

(d)	Represents consolidated PNC amounts.

(e)	Presented as of period-end.

Page 7

THE PNC FINANCIAL SERVICES GROUP, INC.

BlackRock (Unaudited) (a)


*Three months ended* *Taxable-equivalent basis* (a) *Dollars in millions except as noted*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
INCOME STATEMENT
Investment advisory and administrative fees	$	255		$	231		$	212		$	163		$	148
Other income		46			40			38			25			23

Total revenue		301			271			250			188			171
Operating expense		195			163			161			112			94
Operating expense - LTIP expense		14			16			14			13			91
Fund administration and servicing costs		12			10			9			7			9

Total expense		221			189			184			132			194

Operating income (loss)		80			82			66			56			(23	)
Nonoperating income		19			5			8			8			7

Pretax earnings (loss)		99			87			74			64			(16	)
Minority interest		1			1						1
Income taxes		37			33			27			13			(6	)

Earnings (loss)	$	61		$	53		$	47		$	50		$	(10	)

PERIOD-END BALANCE SHEET
Goodwill and other intangible assets	$	492		$	500		$	444		$	184		$	184
Other assets		1,181			1,063			1,050			961			893

Total assets	$	1,673		$	1,563		$	1,494		$	1,145		$	1,077

Liabilities and minority interest	$	806		$	709		$	648		$	377		$	342
Stockholders’ equity		867			854			846			768			735

Total liabilities and stockholders’ equity	$	1,673		$	1,563		$	1,494		$	1,145		$	1,077

PERFORMANCE DATA
Return on average equity		28	%		25	%		23	%		26	%		(5	)%
Operating margin (b)		35			37			34			38			32
Diluted earnings (loss) per share	$	.92		$	.80		$	.70		$	.75		$	(.15	)

ASSETS UNDER MANAGEMENT (in billions) (period end)

Separate accounts
Fixed income	$	265		$	258		$	240		$	216		$	211
Cash management		8			8			7			7			8
Cash management - securities lending		6			7			7			7			9
Equity		20			19			19			10			8
Alternative investment products		25			23			19			8			7

Total separate accounts		324			315			292			248			243
Mutual funds (c)
Fixed income		25			26			25			25			24
Cash management		63			60			60			64			51
Equity		16			13			14			5			5

Total mutual funds		104			99			99			94			80

Total assets under management	$	428		$	414		$	391		$	342		$	323

OTHER INFORMATION

Period-end full-time headcount		2,145			2,141			1,999			1,142			1,113

(a)	See notes (a) and (c) on page 3.

(b)

Calculated as operating income excluding the LTIP expense and appreciation on assets related to BlackRock’s deferred compensation plans divided by total revenue less reimbursable property management compensation and fund administration and servicing costs. The following is a reconciliation of this presentation to operating margin calculated on a GAAP basis (operating income divided by total revenue) in millions:


Operating income (loss), GAAP basis	$	80		$	82		$	66		$	56		$	(23	)
Add back: LTIP expense		14			16			14			13			91
Less: portion of LTIP to be funded by BlackRock		(2	)		(4	)		(2	)		(2	)		(17	)
Add back: Appreciation on assets related to
deferred compensation plans		8						2			2

Operating income, as adjusted	$	100		$	94		$	80		$	69		$	51

Total revenue, GAAP basis	$	301		$	271		$	250		$	188		$	171
Less: reimbursable property management compensation		7			6			4
Less: fund administration and servicing costs		12			10			9			7			9

Revenue used for operating margin calculation, as reported	$	282		$	255		$	237		$	181		$	162

Operating margin, GAAP basis		27	%		30	%		26	%		30	%		(13	)%
Operating margin, as adjusted		35	%		37	%		34	%		38	%		32	%

We believe that operating margin, as adjusted, is an effective indicator of management’s ability to, and useful to management in deciding how to, effectively employ BlackRock’s resources and, as such, provides useful disclosure to investors. The portion of the LTIP expense associated with awards to be met by the distribution to the LTIP participants of shares of BlackRock stock currently held by PNC has been excluded from operating income because it will result in no economic cost to BlackRock and, exclusive of the impact related to LTIP participants’ option to put awarded shares to BlackRock, these charges will not impact BlackRock’s book value. Compensation expense associated with appreciation on assets related to BlackRock’s deferred compensation plans has been excluded because investment returns on these assets reported in nonoperating income results in a nominal impact on net income. Reimbursable property management compensation represents compensation and benefits paid to certain BlackRock Realty Advisors, Inc. (“Realty”) personnel. These employees are retained on Realty’s payroll when properties are acquired by Realty’s clients. The related compensation and benefits are fully reimbursed by Realty’s clients and have been excluded from operating margin, as adjusted, because they bear no economic cost to BlackRock. We have excluded fund administration and servicing costs from the operating margin calculation because these costs fluctuate based on the discretion of a third party.

(c)	Includes BlackRock Funds, BlackRock Liquidity Funds, BlackRock Closed End Funds, Short Term Investment Fund and BlackRock Global Series Funds.

Page 8

THE PNC FINANCIAL SERVICES GROUP, INC.

PFPC (Unaudited) (a)


*Three months ended* *Dollars in millions except as noted*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
INCOME STATEMENT
Fund servicing revenue	$	221		$	221		$	220		$	209		$	203
Other revenue								10

Total revenue		221			221			230			209			203
Operating expense		168			169			173			160			158
Amortization of other intangibles, net		3			4			3			4			3

Operating income		50			48			54			45			42
Debt financing		10			10			8			12			14
Other nonoperating income (expense) (b)					1			(8	)					1

Pretax earnings		40			39			38			33			29
Income taxes		12			15			15			13			12

Earnings	$	28		$	24		$	23		$	20		$	17

PERIOD-END BALANCE SHEET
Goodwill and other intangible assets	$	1,029		$	1,009		$	1,012		$	1,015		$	1,019
Other assets		1,053			1,074			896			1,557			1,049

Total assets	$	2,082		$	2,083		$	1,908		$	2,572		$	2,068

Debt financing	$	939		$	987		$	1,017		$	1,050		$	1,075
Other liabilities		799			778			598			1,253			747
Capital		344			318			293			269			246

Total funds	$	2,082		$	2,083		$	1,908		$	2,572		$	2,068

PERFORMANCE RATIOS
Return on average capital		33	%		33	%		35	%		30	%		26	%
Operating margin (c)		23			22			23			22			21
SERVICING STATISTICS (at period end)

Accounting/administration net fund assets (in billions)(d)
Domestic	$	726		$	699		$	680		$	660		$	609
Offshore		67			67			65			61			58

Total	$	793		$	766		$	745		$	721		$	667

Asset type (in billions)
Money market	$	333		$	333		$	340		$	341		$	322
Equity		284			262			245			230			203
Fixed income		114			111			107			101			97
Other		62			60			53			49			45

Total	$	793		$	766		$	745		$	721		$	667

Custody fund assets (in billions)	$	475		$	462		$	462		$	451		$	418

Shareholder accounts (in millions)
Transfer agency		19			20			20			21			21
Subaccounting		40			38			39			36			34

Total		59			58			59			57			55

OTHER INFORMATION
Period-end full-time headcount		4,457			4,599			4,549			4,460			4,442

(a)	See note (a) on page 3.

(b)	Net of nonoperating expense.

(c)	Operating income divided by total revenue.

(d)	Includes alternative investment net assets serviced.

Page 9

THE PNC FINANCIAL SERVICES GROUP, INC.

Details of Net Interest Income, Net Interest Margin, and Trading Revenue (Unaudited)

Taxable-equivalent basis


	For the quarter ended
Net Interest Income *In millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Interest income
Loans and fees on loans	$	721		$	649		$	580		$	549		$	518
Securities available for sale and held to maturity		219			199			173			155			141
Other		62			60			57			45			33

Total interest income		1,002			908			810			749			692

Interest expense
Deposits		270			224			182			152			121
Borrowed funds		166			143			116			88			73

Total interest expense		436			367			298			240			194

Net interest income (a)	$	566		$	541		$	512		$	509		$	498


	For the quarter ended
Net Interest Margin	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Average yields/rates
Yield on interest-earning assets
Loans and fees on loans		5.75	%		5.48	%		5.30	%		5.04	%		4.89	%
Securities available for sale and held to maturity		4.29			4.21			4.10			3.85			3.67
Other		4.15			4.11			3.22			3.25			2.89
Total yield on interest-earning assets		5.23			5.03			4.79			4.59			4.44
Rate on interest-bearing liabilities
Deposits		2.33			2.05			1.80			1.52			1.27
Borrowed funds		3.79			3.48			3.09			2.76			2.45
Total rate on interest-bearing liabilities		2.73			2.44			2.15			1.82			1.55

Interest rate spread		2.50			2.59			2.64			2.77			2.89
Impact of noninterest-bearing sources		.46			.41			.38			.35			.30

Net interest margin		2.96	%		3.00	%		3.02	%		3.12	%		3.19	%


	For the quarter ended
Trading Revenue (b) *In millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Net interest income	$	1		$	4		$	2		$	4		$	3
Noninterest income		47			11			50			44			16

Total trading revenue	$	48		$	15		$	52		$	48		$	19

Securities underwriting and trading	$	2		$	5		$	5		$	23		$	11
Foreign exchange		10			9			8			9			8
Financial derivatives		36			1			39			16

Total trading revenue	$	48		$	15		$	52		$	48		$	19

(a) The following is a reconciliation of net interest income as reported in the Consolidated Income Statement (GAAP basis) to net interest income on a taxable-equivalent basis:

	For the quarter ended
*In millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Net interest income, GAAP basis	$	559		$	534		$	506		$	503		$	491
Taxable-equivalent adjustment		7			7			6			6			7

Net interest income, taxable-equivalent basis	$	566		$	541		$	512		$	509		$	498

(b) See pages 11 and 12 for disclosure of average trading assets and liabilities.

Page 10

THE PNC FINANCIAL SERVICES GROUP, INC.

Efficiency Ratios (Unaudited)


	For the quarter ended
	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
GAAP and Bank Efficiency Ratios
GAAP basis efficiency ratio (a)		69	%		71	%		68	%		67	%		74	%
Bank efficiency ratio (b)		67	%		69	%		63	%		64	%		65	%
(a) Calculated as noninterest expense divided by the sum of net interest income and noninterest income.
(b) The bank efficiency ratio represents the consolidated (GAAP basis) efficiency ratio excluding the effect of BlackRock and PFPC. We believe the disclosure of this bank efficiency ratio is meaningful for investors because it provides a more relevant basis of comparison with other financial institutions that may not have significant asset management and processing businesses.
Reconciliation of GAAP amounts with amounts used in the calculation of the bank efficiency ratio:
	For the quarter ended
*Dollars in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
PNC total revenue, GAAP basis	$	1,672		$	1,459		$	1,479		$	1,407		$	1,329
Less: BlackRock revenue (c)		320			275			258			195			177
PFPC revenue (c)		211			212			214			197			190

Revenue, as adjusted	$	1,141		$	972		$	1,007		$	1,015		$	962

PNC noninterest expense, GAAP basis	$	1,156		$	1,036		$	999		$	949		$	981
Less: BlackRock noninterest expense		221			189			184			132			194
PFPC noninterest expense (c)		171			173			176			164			161

Noninterest expense, as adjusted	$	764		$	674		$	639		$	653		$	626
(c) These amounts differ from amounts included on pages 7 and 8 of this financial supplement due to the presentation on pages 7 and 8 of BlackRock revenue on a taxable-equivalent basis and classification differences related to BlackRock and PFPC. Note 14 Business Segments in our second quarter 2005 Quarterly Report on Form 10-Q provides further details on these differences.
	For the quarter ended
Consumer Banking Efficiency Ratios	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004

Efficiency, GAAP basis (a)		60	%		61	%		62	%		60	%		61	%
Efficiency, as adjusted (b)		58	%		59	%		60	%		58	%		59	%

(a) Calculated as noninterest expense divided by the sum of net interest income and noninterest income.
(b) Calculated by excluding the impact of Hilliard Lyons activities included within the Consumer Banking business segment. Activities excluded are the principal activities of Hilliard Lyons on a management reporting basis, including client-related brokerage and trading, investment banking and investment management. Industry-wide efficiency measures for brokerage firms and asset management firms differ significantly due primarily to the highly variable compensation structure of brokerage firms. We believe the disclosure of an efficiency ratio for Consumer Banking excluding the impact of these Hilliard Lyons activities is meaningful for investors as it provides a more relevant basis of comparison with other retail banking franchises.
Reconciliation of GAAP amounts with amounts used in the calculation of adjusted Consumer Banking efficiency ratio:
	For the quarter ended
*Dollars in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Revenue, GAAP basis	$	737		$	708		$	660		$	688		$	674
Less: Hilliard Lyons		50			51			49			51			46

Revenue, as adjusted	$	687		$	657		$	611		$	637		$	628

Noninterest expense, GAAP basis	$	441		$	434		$	409		$	412		$	410
Less: Hilliard Lyons		44			46			44			45			42

Noninterest expense, as adjusted	$	397		$	388		$	365		$	367		$	368

Page 11

THE PNC FINANCIAL SERVICES GROUP, INC.

Average

Consolidated Balance Sheet (Unaudited)


*Three months ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
*Three months ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Assets
Interest-earning assets
Securities available for sale and held to maturity
Securities available for sale
Mortgage-backed, asset-backed, and other debt	$	12,154		$	11,138		$	9,631		$	8,846		$	8,667
U.S. Treasury and government agencies/corporations		7,960			7,406			6,897			6,895			6,288
State and municipal		167			171			172			175			216
Corporate stocks and other		167			190			172			188			201

Total securities available for sale		20,448			18,905			16,872			16,104			15,372
Securities held to maturity					1						1			2

Total securities available for sale and held to maturity		20,448			18,906			16,872			16,105			15,374
Loans, net of unearned income
Commercial		19,685			19,259			17,935			17,312			16,915
Commercial real estate		2,947			2,478			2,015			2,080			2,120
Consumer		16,673			16,195			15,641			15,280			14,673
Residential mortgage		6,739			5,742			4,855			4,683			4,354
Lease financing		2,937			2,978			3,041			3,216			3,182
Other		469			484			495			502			507

Total loans, net of unearned income		49,450			47,136			43,982			43,073			41,751
Loans held for sale		2,390			2,152			1,941			1,771			1,578
Federal funds sold and resale agreements		423			649			2,249			1,274			1,283
Other		3,046			3,098			2,937			2,302			1,746

Total interest-earning assets		75,757			71,941			67,981			64,525			61,732
Noninterest-earning assets
Allowance for loan and lease losses		(634	)		(655	)		(611	)		(582	)		(593	)
Cash and due from banks		3,233			3,106			2,987			3,038			2,851
Other assets		12,720			13,167			13,005			11,791			11,372

Total assets	$	91,076		$	87,559		$	83,362		$	78,772		$	75,362

Supplemental Average Balance Sheet Information
Loans excluding conduit	$	47,351		$	45,097		$	41,871		$	41,121		$	40,074
Market Street Funding Corporation conduit		2,099			2,039			2,111			1,952			1,677

Total loans	$	49,450		$	47,136		$	43,982		$	43,073		$	41,751

Loans excluding impact of Riggs	$	46,610		$	45,657
Riggs loans		2,840			1,479

Total loans	$	49,450		$	47,136

Trading Assets
Securities (a)	$	1,734		$	1,932		$	1,883		$	1,348		$	1,003
Resale agreements (b)		411			411			1,249			184			155
Financial derivatives (c)		695			864			679			668			604

Total trading assets	$	2,840		$	3,207		$	3,811		$	2,200		$	1,762

(a)	Included in “Interest-earning assets-Other” above.

(b)	Included in “Federal funds sold and resale agreements” above.

(c)	Included in “Noninterest-earning assets-Other assets” above.

Page 12

THE PNC FINANCIAL SERVICES GROUP, INC.

Average Consolidated Balance Sheet (Unaudited) (Continued)


*Three months ended - in millions*	September 30 2005		June 30 2005		March 31 2005		December 31 2004		September 30 2004
*Three months ended - in millions*	September 30 2005		June 30 2005		March 31 2005		December 31 2004		September 30 2004
Liabilities, Minority and Noncontrolling Interests, and Shareholders’ Equity
Interest-bearing liabilities
Interest-bearing deposits
Money market	$	18,447	$	17,482	$	16,562	$	16,328	$	15,916
Demand		8,343		8,205		7,965		7,999		7,857
Savings		2,589		2,787		2,831		2,819		2,730
Retail certificates of deposit		12,143		11,215		10,296		9,761		9,100
Other time		2,306		1,484		902		892		825
Time deposits in foreign offices		2,061		2,477		2,373		1,628		1,561

Total interest-bearing deposits		45,889		43,650		40,929		39,427		37,989
Borrowed funds
Federal funds purchased		1,704		2,506		1,659		1,676		1,940
Repurchase agreements		2,137		2,405		2,306		1,906		1,158
Bank notes and senior debt		3,271		3,288		2,663		2,535		2,709
Subordinated debt		3,996		3,826		3,911		3,476		3,411
Commercial paper		3,316		2,438		2,344		1,947		1,679
Other		2,790		1,867		2,159		1,070		858

Total borrowed funds		17,214		16,330		15,042		12,610		11,755

Total interest-bearing liabilities		63,103		59,980		55,971		52,037		49,744
Noninterest-bearing liabilities, minority and noncontrolling interests, and shareholders’ equity
Demand and other noninterest-bearing deposits		13,738		12,987		12,432		12,539		12,477
Allowance for unfunded loan commitments and letters of credit		84		78		76		96		84
Accrued expenses and other liabilities		5,408		6,095		6,856		6,283		5,470
Minority and noncontrolling interests in consolidated entities		518		526		527		501		466
Shareholders’ equity		8,225		7,893		7,500		7,316		7,121

Total liabilities, minority and noncontrolling interests, and shareholders’ equity	$	91,076	$	87,559	$	83,362	$	78,772	$	75,362

Supplemental Average Balance Sheet Information
Interest-bearing deposits	$	45,889	$	43,650	$	40,929	$	39,427	$	37,989
Demand and other noninterest-bearing deposits		13,738		12,987		12,432		12,539		12,477

Total deposits	$	59,627	$	56,637	$	53,361	$	51,966	$	50,466

Transaction deposits	$	40,528	$	38,674	$	36,959	$	36,866	$	36,250

Market Street Funding Corporation commercial paper	$	2,553	$	2,167	$	2,125	$	1,947	$	1,679

Common shareholders’ equity	$	8,217	$	7,885	$	7,492	$	7,308	$	7,113

Deposits excluding impact of Riggs	$	56,234	$	54,801
Riggs deposits		3,393		1,836

Total deposits	$	59,627	$	56,637

Trading Liabilities
Securities sold short (a)	$	806	$	750	$	1,462	$	401	$	319
Repurchase agreements and other borrowings (b)		933		1,078		1,185		479		302
Financial derivatives (c)		814		909		667		664		575

Total trading liabilities	$	2,553	$	2,737	$	3,314	$	1,544	$	1,196

(a)	Included in “Borrowed funds-Other” above.

(b)	Included in “Borrowed funds-Repurchase agreements” and “Borrowed funds-Other” above.

(c)	Included in “Accrued expenses and other liabilities” above.

Page 13

THE PNC FINANCIAL SERVICES GROUP, INC.

Details of Loans and Lending Statistics (Unaudited)

Loans


*Period ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
*Period ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Commercial
Retail/wholesale	$	5,114		$	5,295		$	5,236		$	4,961		$	4,739
Manufacturing		4,321			4,498			4,327			3,944			3,870
Other service providers		2,173			2,198			1,820			1,787			1,648
Real estate related		2,492			2,520			2,179			2,104			2,096
Financial services		1,297			1,374			1,308			1,145			1,274
Health care		608			671			560			560			527
Other		4,098			3,447			3,043			2,937			2,961

Total commercial		20,103			20,003			18,473			17,438			17,115

Commercial real estate
Real estate projects		2,147			2,030			1,404			1,460			1,513
Mortgage		779			806			521			520			527

Total commercial real estate		2,926			2,836			1,925			1,980			2,040

Equipment lease financing		3,721			3,668			3,719			3,907			3,949

Total commercial lending		26,750			26,507			24,117			23,325			23,104

Consumer
Home equity		13,722			13,531			12,968			12,734			12,377
Automobile		931			874			854			836			842
Other		2,232			2,165			1,953			2,036			1,684

Total consumer		16,885			16,570			15,775			15,606			14,903

Residential mortgage		7,156			6,508			5,007			4,772			4,672
Vehicle lease financing		101			124			158			189			228
Other		474			455			489			505			504
Unearned income		(856	)		(847	)		(872	)		(902	)		(931	)

Total, net of unearned income	$	50,510		$	49,317		$	44,674		$	43,495		$	42,480

Supplemental Loan Information
Loans excluding conduit	$	47,889		$	47,125		$	42,479		$	41,243		$	40,676
Market Street Funding Corporation conduit		2,621			2,192			2,195			2,252			1,804

Total loans	$	50,510		$	49,317		$	44,674		$	43,495		$	42,480


	September 30 2005		September 30 2004
	September 30 2005		September 30 2004
Commercial Lending Exposure (a)(b)
Investment grade or equivalent
$50 million or greater	16	%	17	%
$25 million to < $50 million	16	%	16	%
< $25 million	16	%	14	%
Non-investment grade
$50 million or greater	2	%	2	%
$25 million to < $50 million	13	%	11	%
<$25 million	37	%	40	%

Total	100	%	100	%

(a)	These statistics exclude the loans of Market Street Funding Corporation. The facilities extended by Market Street represent pools of granular obligations, structured to avoid excessive concentration of credit risk such that they attract an investment grade rating.

(b)	Exposure represents the sum of all loans, leases, commitments and letters of credit.



Consumer Loan Statistic (c)
Net charge-offs to average loans	.14	%	.15	%	.14	%	.16	%	.19	%

(c)	Includes consumer and residential mortgage.

Page 14

THE PNC FINANCIAL SERVICES GROUP, INC.

Allowances for Loan and Lease Losses and Unfunded Loan Commitments and Letters of Credit and

Net Unfunded Commitments (Unaudited)

Change in Allowance for Loan and Lease Losses


*Three months ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
*Three months ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Beginning balance	$	628		$	600		$	607		$	581		$	593
Charge-offs
Commercial		(16	)		(16	)		(12	)		(15	)		(13	)
Commercial real estate
Consumer		(12	)		(11	)		(10	)		(11	)		(10	)
Residential mortgage					(1	)								(2	)
Lease financing											(1	)		(1	)

Total charge-offs		(28	)		(28	)		(22	)		(27	)		(26	)
Recoveries
Commercial (a)		8			62			6			9			9
Commercial real estate		1
Consumer		4			3			4			3			3
Residential mortgage
Lease financing					1						1			1

Total recoveries (a)		13			66			10			13			13
Net recoveries (charge-offs)
Commercial (a)		(8	)		46			(6	)		(6	)		(4	)
Commercial real estate		1
Consumer		(8	)		(8	)		(6	)		(8	)		(7	)
Residential mortgage					(1	)								(2	)
Lease financing					1

Total net recoveries (charge-offs) (a)		(15	)		38			(12	)		(14	)		(13	)
Provision for (recoveries of) credit losses		16			(27	)		8			19			13

Acquired allowance - Riggs					23
Net change in allowance for unfunded loan commitments and letters of credit		5			(6	)		(3	)		21			(12	)

Ending balance	$	634		$	628		$	600		$	607		$	581

(a) Second quarter 2005 amounts reflect the impact of a $53 million loan recovery during that period.

Change in Allowance for Unfunded Loan Commitments and Letters of Credit
*Three months ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
*Three months ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Beginning balance	$	84		$	78		$	75		$	96		$	84
Net change in allowance for unfunded loan commitments and letters of credit		(5	)		6			3			(21	)		12

Ending balance	$	79		$	84		$	78		$	75		$	96


Net Unfunded Commitments

*In millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
*In millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Net unfunded commitments	$	35,261		$	33,925		$	30,237		$	30,306		$	28,867

Page 15

THE PNC FINANCIAL SERVICES GROUP, INC.

Details of Nonperforming Assets (Unaudited)

Nonperforming Assets by Type


*Period ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
*Period ended - in millions*	September 30 2005			June 30 2005			March 31 2005			December 31 2004			September 30 2004
Nonaccrual loans
Commercial	$	86		$	88		$	83		$	89		$	96
Commercial real estate		11			11			11			14			10
Consumer		11			10			13			11			12
Residential mortgage		16			19			19			21			23
Lease financing		3			4			5			5			7

Total nonaccrual loans		127			132			131			140			148
Troubled debt restructured loan											3

Total nonperforming loans		127			132			131			143			148
Nonperforming loans held for sale (a)		1			2			2			3			2
Foreclosed and other assets
Lease financing		13			13			13			14			16
Residential mortgage		11			13			11			10			11
Other		4			4			5			5			7

Total foreclosed and other assets		28			30			29			29			34

Total nonperforming assets (b)	$	156		$	164		$	162		$	175		$	184

Nonperforming loans to total loans		.25	%		.27	%		.29	%		.33	%		.35	%
Nonperforming assets to total loans, loans held for sale and foreclosed assets		.29			.32			.35			.39			.42
Nonperforming assets to total assets		.17			.18			.19			.22			.24
(a) Includes troubled debt restructured loans held for sale.	$	1		$	2		$	2		$	2		$	2
(b) Excludes equity management assets carried at estimated fair value (September 30, 2005, June 30, 2005, March 31, 2005, December 31, 2004 and September 30, 2004 amounts include troubled debt restructured assets of $16 million, $15 million, $10 million, $11 million and $10 million, respectively).	$	27		$	31		$	33		$	32		$	29



Change in Nonperforming Assets
*In millions*	Nine months ended
*In millions*	Nine months ended
January 1, 2005	$	175
Transferred from accrual		182
Returned to performing		(11	)
Principal reductions and payoffs		(128	)
Asset sales		(11	)
Charge-offs and valuation adjustments		(51	)

September 30, 2005	$	156

Page 16

THE PNC FINANCIAL SERVICES GROUP, INC.

Details

of Nonperforming Assets (Unaudited) (Continued)

Nonperforming Assets by Business


*Period ended - in millions*	September 30 2005		June 30 2005		March 31 2005		December 31 2004		September 30 2004
*Period ended - in millions*	September 30 2005		June 30 2005		March 31 2005		December 31 2004		September 30 2004
Consumer Banking
Nonperforming loans	$	78	$	74	$	83	$	89	$	84
Foreclosed and other assets		9		10		10		11		11

Total	$	87	$	84	$	93	$	100	$	95

Institutional Banking
Nonperforming loans	$	48	$	57	$	46	$	51	$	60
Nonperforming loans held for sale		1		2		2		3		2
Foreclosed and other assets		18		18		17		17		20

Total	$	67	$	77	$	65	$	71	$	82

Other (a)
Nonperforming loans	$	1	$	1	$	2	$	3	$	4
Foreclosed and other assets		1		2		2		1		3

Total	$	2	$	3	$	4	$	4	$	7

Consolidated Totals
Nonperforming loans	$	127	$	132	$	131	$	143	$	148
Nonperforming loans held for sale		1		2		2		3		2
Foreclosed and other assets		28		30		29		29		34

Total	$	156	$	164	$	162	$	175	$	184

Largest Nonperforming Assets at September 30, 2005 - in millions (b)


Ranking	Outstandings			Industry
1	$	13		Air Transportation
2		11		Fabricated Metal Mfg.
3		7		Real Estate
4		5		Professional and Support Services
5		4		Plastic and Mineral Mfg.
6		4		Wholesale Nondurable Other
7		4		Private Households
8		3		Other Transportation
9		2		Professional and Support Services
10		2		Machinery Mfg.

Total	$	55

As a percent of nonperforming assets
		35	%

(a)	Represents residential mortgages related to PNC’s asset and liability management function.

(b)	Amounts shown are not net of related allowance for loan and lease losses, if applicable.

Page 17

Glossary of Terms

Accounting/administration net fund assets - Net domestic and foreign fund investment assets for which we provide accounting and administration services. We do not include these assets on our Consolidated Balance Sheet.

Adjusted average total assets - Primarily comprised of total average quarterly (or annual) assets plus (less) unrealized losses (gains) on available-for-sale debt securities, less goodwill and certain other intangible assets.

Annualized - Adjusted to reflect a full year of activity.

Assets under management - Assets over which we have sole or shared investment authority for our customers/clients. We do not include these assets on our Consolidated Balance Sheet.

Charge-off - Process of removing a loan or portion of a loan from a bank’s balance sheet because the loan is considered uncollectible. A charge-off is also recorded when a loan is transferred to held for sale and the loan’s market value is less than its carrying amount.

Common shareholders’ equity to total assets - Common shareholders’ equity divided by total assets. Common shareholders’ equity equals total shareholders’ equity less the liquidation value of preferred stock.

Custody fund assets - All investment assets held on behalf of clients under safekeeping arrangements. We do not include these assets on our Consolidated Balance Sheet. Investment assets held in custody at other institutions on our behalf are included in the appropriate asset categories on the Consolidated Balance Sheet as if physically held by us.

Derivatives - Financial contracts whose value is derived from publicly traded securities, interest rates, currency exchange rates or market indices. Derivatives cover a wide assortment of financial contracts, including forward contracts, futures, options and swaps.

Duration of equity – An estimate of the rate sensitivity of a firm’s economic value of equity. A negative duration of equity is associated with asset sensitivity (i.e., positioned for rising interest rates), while a positive value implies liability sensitivity (i.e., vulnerable to rising rates). For example, if the duration of equity is +1.5 years, the economic value of equity declines by 1.5% for each 100 basis point increase in interest rates.

Earning assets - Assets that generate interest income, which include: federal funds sold; resale agreements; other short-term investments, including trading securities; loans held for sale; loans, net of unearned income; securities; and certain other assets.

Economic capital - Represents the amount of resources that a business segment should hold to guard against potentially large losses that could cause insolvency. It is based on a measurement of economic risk, as opposed to risk as defined by regulatory bodies or generally accepted accounting principles. The economic capital measurement process involves converting a risk distribution to the capital that is required to support the risk, consistent with an institution’s target credit rating. As such, economic risk serves as a “common currency” of risk that allows an institution to compare different risks on a similar basis.

Economic value of equity (“EVE”) - The present value of the expected cash flows of our existing assets less the present value of the expected cash flows of our existing liabilities, plus the present value of the net cash flows of our existing off-balance sheet positions.

Effective duration - A measurement, expressed in years, that, when multiplied by a change in interest rates, would approximate the percentage change in value of on- and off-balance sheet positions.

Efficiency - Noninterest expense divided by the sum of net interest income and noninterest income.

Page 18

Funds transfer pricing - A management accounting methodology designed to recognize the net interest income effects of sources and uses of funds provided by the assets and liabilities of business segments. These balances are assigned funding rates that represent the interest cost for us to raise/invest funds with similar maturity and repricing structures, using the least-cost funding sources available.

GAAP – Accounting principles generally accepted in the United States of America.

Leverage ratio - Tier 1 risk-based capital divided by adjusted average total assets.

Net interest margin - Annualized taxable-equivalent net interest income divided by average earning assets.

Nondiscretionary assets under administration - Assets we hold for our customers/clients in a non-discretionary, custodial capacity. We do not include these assets on our Consolidated Balance Sheet.

Noninterest income to total revenue - Noninterest income divided by the sum of net interest income and noninterest income.

Nonperforming assets - Nonperforming assets include nonaccrual loans, troubled debt restructured loans, nonaccrual loans held for sale, and foreclosed and other assets. Interest income does not accrue on assets classified as nonperforming.

Nonperforming loans - Nonperforming loans include loans to commercial, lease financing, consumer, commercial real estate and residential mortgage customers as well as troubled debt restructured loans. Nonperforming loans do not include nonaccrual loans held for sale or foreclosed and other assets. Interest income does not accrue on loans classified as nonperforming.

Recovery - Cash proceeds received on a loan that had previously been charged off. The amount received is credited to the allowance for loan and lease losses.

Return on average capital - Annualized net income divided by average capital.

Return on average assets - Annualized net income divided by average assets.

Return on average common equity - Annualized net income divided by average common shareholders’ equity.

Risk-weighted assets - Primarily computed by the assignment of specific risk-weights (as defined by The Board of Governors of the Federal Reserve System) to assets and off-balance sheet instruments.

Securitization - The process of legally transforming financial assets into securities.

Tangible common capital ratio - Common shareholders’ equity less goodwill and other intangible assets (excluding mortgage servicing rights) divided by assets less goodwill and other intangible assets (excluding mortgage servicing rights).

Taxable-equivalent interest - The interest income earned on certain assets is completely or partially exempt from federal income tax. As such, these tax-exempt instruments typically yield lower returns than a taxable investment. To provide more meaningful comparisons of yields and margins for all earning assets, the interest income earned on tax-exempt assets is increased to make it fully equivalent to interest income on other taxable investments. This adjustment is not permitted under GAAP on the Consolidated Income Statement.

Tier 1 risk-based capital - Tier 1 risk-based capital equals: total shareholders’ equity, plus trust preferred capital securities, plus certain minority interests that are held by others; less goodwill and certain other intangible assets, less equity investments in nonfinancial companies and less net unrealized holding losses

Page 19

on available-for-sale equity securities. Net unrealized holding gains on available-for-sale equity securities, net unrealized holding gains (losses) on available-for-sale debt securities and net unrealized holding gains (losses) on cash flow hedge derivatives are excluded from total shareholders’ equity for tier 1 risk-based capital purposes.

Tier 1 risk-based capital ratio - Tier 1 risk-based capital divided by period-end risk-weighted assets.

Total fund assets serviced - Total domestic and offshore fund investment assets for which we provide related processing services. We do not include these assets on our Consolidated Balance Sheet.

Total risk-based capital - Tier 1 risk-based capital plus qualifying senior and subordinated debt, other minority interest not qualified as tier 1, and the allowance for loan and lease losses, subject to certain limitations.

Total risk-based capital ratio - Total risk-based capital divided by period-end risk-weighted assets.

Transaction deposits - The sum of money market and interest-bearing demand deposits and demand and other noninterest-bearing deposits.

Yield curve (shape of the yield curve, flat yield curve) - A graph showing the relationship between the yields on financial instruments or market indices of the same credit quality with different maturities. For example, a “normal” or “positive” yield curve exists when long-term bonds have higher yields than short-term bonds. A “flat” yield curve exists when yields are the same for short-term and long-term bonds. A “steep” yield curve exists when yields on long-term bonds are significantly higher than on short-term bonds.

Page 20

Business Segment Products and Services

Consumer Banking provides deposit, lending, brokerage, trust, investment management and cash management services to approximately 2.5 million consumer and small business customers. Our customers are serviced through 830 offices in our branch network, the call center located in Pittsburgh and the Internet – www.pncbank.com. The branch network is located mainly in Pennsylvania, New Jersey, Ohio, Kentucky, Delaware and the Greater Washington, D.C. area, including Virginia and Maryland. Brokerage services are provided through PNC Investments, LLC, and J.J.B. Hilliard, W.L. Lyons, Inc. Consumer Banking also serves as investment manager and trustee for employee benefit plans and charitable and endowment assets and provides nondiscretionary defined contribution plan services and investment options through its Vested Interest^® product. These services are provided to individuals and corporations primarily within our primary geographic markets.

Institutional Banking provides lending, treasury management, and capital markets-related products and services and commercial loan servicing to mid-sized corporations, government entities and selectively to large corporations. Lending products include secured and unsecured loans, letters of credit and equipment leases. Treasury management services include cash and investment management, receivables management, disbursement services, funds transfer services, information reporting, and global trade services. Capital markets-related products include foreign exchange, derivatives, loan syndications and securities underwriting and distribution. Institutional Banking provides products and services generally within PNC’s primary geographic markets and provides certain products and services nationally.

BlackRock is one of the largest publicly traded investment management firms in the United States. BlackRock manages assets on behalf of institutional and individual investors worldwide through a variety of equity, fixed income, cash management and alternative investment products. Mutual funds include the flagship fund families BlackRock Funds and BlackRock Liquidity Funds (formerly BlackRock Provident Institutional Funds). In addition, BlackRock provides risk management, investment system outsourcing and financial advisory services to a growing number of institutional investors.

PFPC is among the largest providers of mutual fund transfer agency and accounting and administration services in the United States. PFPC offers a wide range of fund processing services to the investment management industry and provides processing solutions to the international marketplace through its Ireland and Luxembourg operations.