Exhibit (99)(c)

WACHOVIA CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In millions, except per share data)	June 30, 2005			December 31, 2004
ASSETS
Cash and due from banks	$	12,464		11,714
Interest-bearing bank balances		2,852		4,441
Federal funds sold and securities purchased under resale agreements (carrying amount of collateral held $12,663 at June 30, 2005, $5,370 repledged)		22,528		22,436
Total cash and cash equivalents		37,844		38,591
Trading account assets		46,519		45,932
Securities		117,906		110,597
Loans, net of unearned income		230,287		223,840
Allowance for loan losses		(2,718	)	(2,757	)
Loans, net		227,569		221,083
Loans held for sale		14,531		12,988
Premises and equipment		5,354		5,268
Due from customers on acceptances		826		718
Goodwill		21,861		21,526
Other intangible assets		1,378		1,581
Other assets		38,052		35,040
Total assets	$	511,840		493,324
LIABILITIES AND STOCKHOLDERS’ EQUITY
Deposits
Noninterest-bearing deposits		63,079		64,197
Interest-bearing deposits		236,831		230,856
Total deposits		299,910		295,053
Short-term borrowings		75,726		63,406
Bank acceptances outstanding		859		755
Trading account liabilities		19,827		21,709
Other liabilities		15,750		15,507
Long-term debt		49,006		46,759
Total liabilities		461,078		443,189
Minority interest in net assets of consolidated subsidiaries		2,858		2,818
STOCKHOLDERS’ EQUITY
Dividend Equalization Preferred shares, no par value, 97 million shares issued and outstanding at June 30, 2005		—		—
Common stock, $3.33- 1/3 par value; authorized 3 billion shares, outstanding 1.577 billion shares at June 30, 2005		5,258		5,294
Paid-in capital		31,038		31,120
Retained earnings		11,079		10,178
Accumulated other comprehensive income, net		529		725
Total stockholders’ equity		47,904		47,317
Total liabilities and stockholders’ equity	$	511,840		493,324

WACHOVIA CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

	Three Months Ended June 30,			Six Months Ended June 30,
(In millions, except per share data)	2005		2004	2005	2004
INTEREST INCOME
Interest and fees on loans	$	3,362	2,316	6,536	4,651
Interest and dividends on securities		1,437	1,110	2,863	2,251
Trading account interest		354	237	732	434
Other interest income		549	356	1,024	682
Total interest income		5,702	4,019	11,155	8,018
INTEREST EXPENSE
Interest on deposits		1,221	654	2,271	1,302
Interest on short-term borrowings		670	316	1,271	615
Interest on long-term debt		453	211	842	402
Total interest expense		2,344	1,181	4,384	2,319
Net interest income		3,358	2,838	6,771	5,699
Provision for credit losses		50	61	86	105
Net interest income after provision for credit losses		3,308	2,777	6,685	5,594
FEE AND OTHER INCOME
Service charges		528	489	1,041	960
Other banking fees		355	301	706	570
Commissions		603	657	1,202	1,413
Fiduciary and asset management fees		728	700	1,442	1,404
Advisory, underwriting and other investment banking fees		257	203	490	403
Trading account profits		17	34	116	111
Principal investing		41	15	100	53
Securities gains		136	36	134	38
Other income		312	172	741	422
Total fee and other income		2,977	2,607	5,972	5,374
NONINTEREST EXPENSE
Salaries and employee benefits		2,324	2,164	4,725	4,346
Occupancy		271	224	521	453
Equipment		269	253	534	512
Advertising		48	48	92	96
Communications and supplies		158	157	320	308
Professional and consulting fees		155	126	282	235
Other intangible amortization		107	107	222	219
Merger-related and restructuring expenses		90	102	151	201
Sundry expense		366	314	813	791
Total noninterest expense		3,788	3,495	7,660	7,161
Minority interest in income of consolidated subsidiaries		71	45	135	102
Income before income taxes		2,426	1,844	4,862	3,705
Income taxes		776	592	1,591	1,202
Net income	$	1,650	1,252	3,271	2,503
PER COMMON SHARE DATA
Basic earnings	$	1.05	0.96	2.09	1.92
Diluted earnings		1.04	0.95	2.05	1.89
Cash dividends	$	0.46	0.40	0.92	0.80
AVERAGE COMMON SHARES
Basic		1,564	1,300	1,567	1,301
Diluted		1,591	1,320	1,597	1,323