EXHIBIT 12.1

The PNC Financial Services Group, Inc. and Subsidiaries

Computation of Ratio of Earnings

to Fixed Charges

	Nine Months Ended		Year Ended December 31
Dollars in millions	September 30, 2005		2004		2003		2002		2001		2000
Earnings
Pretax income from continuing operations before adjustments for minority interest (1)	$	1,406	$	1,735	$	1,568	$	1,821	$	564	$	1,848
Fixed charges excluding interest on deposits		472		357		346		432		762		1,032
Subtotal		1,878		2,092		1,914		2,253		1,326		2,880
Interest on deposits		676		484		457		659		1,229		1,653
Total	$	2,554	$	2,576	$	2,371	$	2,912	$	2,555	$	4,533
Fixed charges
Interest on borrowed funds	$	425	$	298	$	258	$	315	$	645	$	914
Interest component of rentals		47		58		59		58		53		50
Amortization of notes and debentures				1		1		1		1		1
Distributions on mandatorily redeemable capital securities of subsidiary trusts						28		58		63		67
Subtotal		472		357		346		432		762		1,032
Interest on deposits		676		484		457		659		1,229		1,653
Total	$	1,148	$	841	$	803	$	1,091	$	1,991	$	2,685
Ratio of earnings to fixed charges
Excluding interest on deposits		3.98x		5.86x		5.53x		5.22x		1.74x		2.79x
Including interest on deposits		2.22		3.06		2.95		2.67		1.28		1.69

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