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	Three Months Ended March 31, 2005		2004		Year Ended
					2003		2002		2001		2000
Earnings
Pre-tax income from continuing operations before adjustments for minority interest (1)	$	468	$	1,735	$	1,568	$	1,821	$	564	$	1,848
Fixed charges and preferred stock dividends excluding interest on deposits		131		358		347		433		782		1,062
Subtotal		599		2,093		1,915		2,254		1,346		2,910
Interest on deposits		182		484		457		659		1,229		1,653
Total	$	781	$	2,577	$	2,372	$	2,913	$	2,575	$	4,563
Fixed charges
Interest on borrowed funds	$	116	$	298	$	258	$	315	$	645	$	914
Interest component of rentals		15		58		59		58		53		50
Amortization of notes and debentures		0		1		1		1		1		1
Distributions on mandatorily redeemable capital securities of subsidiary trusts		0		0		28		58		63		67
Preferred stock dividend requirements		0		1		1		1		20		30
Subtotal		131		358		347		433		782		1,062
Interest on deposits		182		484		457		659		1,229		1,653
Total	$	313	$	842	$	804	$	1,092	$	2,011	$	2,715
Ratio of earnings to fixed charges and preferred stock dividends
Excluding interest on deposits		4.57 x		5.85 x		5.52 x		5.21 x		1.72 x		2.74 x
Including interest on deposits		2.50		3.06		2.95		2.67		1.28		1.68

(1) As defined in Item 503(d) of Regulation S-K.