Exhibit 12.1

NATIONAL CITY CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(UNAUDITED)

	Six Months Ended
	June 30,						Year Ended December 31,
(Dollars in Thousands)	2005			2004			2004			2003			2002			2001			2000
COMPUTATION EXCLUDING PREFERRED STOCK DIVIDENDS
Income before income tax expense	$	1,670,856		$	1,858,214		$	4,077,940		$	3,237,466		$	2,168,801		$	2,166,501		$	1,971,892
Interest on nondeposit interest bearing liabilities		617,711			269,834			697,204			738,085			762,163			1,198,172			1,671,187
Portion of rental expense deemed representative of interest		24,625			18,805			40,592			37,116			37,544			35,281			34,825
Total income for computation excluding interest on deposits		2,313,192			2,146,853			4,815,736			4,012,667			2,968,508			3,399,954			3,677,904
Interest on deposits		670,529			390,195			896,131			891,731			1,148,378			1,777,731			1,937,034
Total income for computation including interest on deposits	$	2,983,721		$	2,537,048		$	5,711,867		$	4,904,398		$	4,116,886		$	5,177,685		$	5,614,938
Fixed charges excluding interest on deposits	$	642,336		$	288,639		$	737,796		$	775,201		$	799,707		$	1,233,453		$	1,706,012
Fixed charges including interest on deposits	$	1,312,865		$	678,834		$	1,633,927		$	1,666,932		$	1,948,085		$	3,011,184		$	3,643,046
Ratio excluding interest on deposits		3.60	x		7.44	x		6.53	x		5.18	x		3.71	x		2.76	x		2.16	x
Ratio including interest on deposits		2.27	x		3.74	x		3.50	x		2.94	x		2.11	x		1.72	x		1.54	x
COMPUTATION INCLUDING PREFERRED STOCK DIVIDENDS:
Total income for computation excluding interest on deposits	$	2,313,192		$	2,146,853		$	4,815,736		$	4,012,667		$	2,968,508		$	3,399,954		$	3,677,904
Total income for computation including interest on deposits	$	2,983,721		$	2,537,048		$	5,711,867		$	4,904,398		$	4,116,886		$	5,177,685		$	5,614,938
Fixed charges excluding interest on deposits and preferred stock dividends	$	642,336		$	288,639		$	737,796		$	775,201		$	799,707		$	1,233,453		$	1,706,012
Pretax preferred stock dividends		1,184			—			1,209			—			32			1,563			2,065
Fixed charges including preferred stock dividends, excluding interest on deposits		643,520			288,639			739,005			775,201			799,739			1,235,016			1,708,077
Interest on deposits		670,529			390,195			896,131			891,731			1,148,378			1,777,731			1,937,034
Fixed charges including interest on deposits and preferred stock dividends	$	1,314,049		$	678,834		$	1,635,136		$	1,666,932		$	1,948,117		$	3,012,747		$	3,645,111
Ratio excluding interest on deposits		3.59	x		7.44	x		6.52	x		5.18	x		3.71	x		2.75	x		2.15	x
Ratio including interest on deposits		2.27	x		3.74	x		3.49	x		2.94	x		2.11	x		1.72	x		1.54	x
COMPONENTS OF FIXED CHARGES:
Interest:
Interest on deposits	$	670,529		$	390,195		$	896,131		$	891,731		$	1,148,378		$	1,777,731		$	1,937,034
Interest on nondeposit interest bearing liabilities		617,711			269,834			697,204			738,085			762,163			1,198,172			1,671,187
Total interest charges	$	1,288,240		$	660,029		$	1,593,335		$	1,629,816		$	1,910,541		$	2,975,903		$	3,608,221
Rental Expense:
Rental expense	$	74,622		$	56,986		$	123,005		$	112,474		$	113,769		$	106,911		$	105,529
Portion of rental expense deemed representative of interest		24,625			18,805			40,592			37,116			37,544			35,281			34,825
Preferred Stock Charge:
Preferred stock dividends		786			—			786			—			21			1,016			1,342
Pretax preferred dividends		1,184			—			1,209			—			32			1,563			2,065