Financial summary

Year Ended December 31
(Dollars and Shares in Millions, Except Per Share Data) 		  2006     2005     2004   2006
v 2005		   2005
v 2004
Total net revenue (taxable-equivalent basis) $ 13,636 $ 13,133 $ 12,659 3.8 % 3.7 %
Noninterest expense 6,180 5,863 5,785 5.4 1.3
Provision for credit losses 544 666 669
Income taxes and taxable-equivalent adjustments 2,161     2,115     2,038
Net Income $ 4,751   $ 4,489   $ 4,167 5.8 7.7
Net Income applicable to common equity $ 4,703   $ 4,489   $ 4,167 4.8 7.7

Per Common Share
Earnings per share $ 2.64 $ 2.45 $ 2.21 7.8 10.9
Diluted earnings per share 2.61 2.42 2.18 7.9 11.0
Dividends declared per share 1.39 1.23 1.02 13.0 20.6
Book value per share 11.44 11.07 10.52 3.3 5.2
Market value per share 36.19 29.89 31.32 21.1 (4.6 )
Average common shares outstanding 1,778 1,831 1,887 (2.9 ) (3.0 )
Average diluted common shares outstanding 1,804 1,857 1,913 (2.9 ) (2.9 )

Financial Ratios
Return on average assets 2.23 % 2.21 % 2.17 %
Return on average common equity 23.6 22.5 21.4
Net interest margin (taxable-equivalent basis) 3.65 3.97 4.25
Efficiency ratio (a) 45.4 44.3 45.3

Average Balances
Loans $ 140,601 $ 131,610 $ 120,670 6.8 % 9.1 %
Investment securities 39,961 42,103 43,009 (5.1 ) (2.1 )
Earning assets 186,231 178,425 168,123 4.4 6.1
Assets 213,512 203,198 191,593 5.1 6.1
Deposits 120,589 121,001 116,222 (.3 ) 4.1
Total shareholders’ equity 20,710 19,953 19,459 3.8 2.5

Period End Balances
Loans $ 143,597 $ 136,462 $ 124,941 5.2 % 9.2 %
Allowance for credit losses 2,256 2,251 2,269 .2 (.8 )
Investment securities 40,117 39,768 41,481 .9 (4.1 )
Assets 219,232 209,465 195,104 4.7 7.4
Deposits 124,882 124,709 120,741 .1 3.3
Shareholders’ equity 21,197 20,086 19,539 5.5 2.8
Regulatory capital ratios
Tier 1 capital 8.8 % 8.2 % 8.6 %
Total risk-based capital 12.6 12.5 13.1
Leverage 8.2 7.6 7.9
Tangible common equity 5.5 5.9 6.4
(a) Computed as noninterest expense divided by the sum of net interest income on a taxable-equivalent basis and noninterest income excluding securities gains (losses), net.