EXHIBIT 12.2

The PNC Financial Services Group, Inc. and Subsidiaries

Computation of Ratio of Earnings

to Fixed Charges and Preferred Stock Dividends

 

Dollars in millions

    Nine Months
Ended
September 30, 2007		     Year Ended December 31  
     2006     2005     2004     2003     2002  

Earnings

             

Pretax income from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees

    $ 1,668     $ 3,913     $ 1,962     $ 1,745     $ 1,600     $ 1,858  

Add:

             

Distributed income of equity investees

      98       20          

Fixed charges and preferred stock dividends excluding interest on deposits

      896       842       663       358       347       433  

Less:

             

Minority interest in pretax income of subsidiaries that have not incurred fixed charges

      73       33       20       10       32       37  

Interest capitalized

      2            

Preferred stock dividend requirements

      1       1       1       1       1       1  
                                                

Earnings excluding interest on deposits

      2,586       4,741       2,604       2,092       1,914       2,253  

Interest on deposits

      1,531       1,590       981       484       457       659  
                                                

Total earnings

    $ 4,117     $ 6,331     $ 3,585     $ 2,576     $ 2,371     $ 2,912  
                                                

Fixed charges and preferred stock dividends

             

Interest on borrowed funds

    $ 842     $ 777     $ 599     $ 298     $ 258     $ 315  

Interest component of rentals

      50       64       63       58       59       58  

Amortization of notes and debentures

      1           1       1       1  

Interest capitalized

      2            

Distributions on mandatorily redeemable capital securities of subsidiary trusts

              28       58  

Preferred stock dividend requirements

      1       1       1       1       1       1  
                                                

Fixed charges and preferred stock dividends excluding interest on deposits

      896       842       663       358       347       433  

Interest on deposits

      1,531       1,590       981       484       457       659  
                                                

Total fixed charges and preferred stock dividends

    $ 2,427     $ 2,432     $ 1,644     $ 842     $ 804     $ 1,092  
                                                

Ratio of earnings to fixed charges and preferred stock dividends

             

Excluding interest on deposits

      2.89 x     5.63 x     3.93 x     5.84 x     5.52 x     5.20 x

Including interest on deposits

      1.70       2.60       2.18       3.06       2.95       2.67