EXHIBIT 12.1

The PNC Financial Services Group, Inc. and Subsidiaries

Computation of Ratio of Earnings

to Fixed Charges (1)

Dollars in millions	Six Months Ended June 30, 2008			Year Ended December 31
				2007			2006			2005			2004			2003
Earnings
Pretax income from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees	$	1,179		$	1,806		$	3,913		$	1,962		$	1,745		$	1,600
Add:
Distributed income of equity investees		76			124			20
Fixed charges excluding interest on deposits		588			1,267			841			662			357			346
Less:
Minority interest in pretax income of subsidiaries that have not incurred fixed charges		60			101			33			20			10			32
Earnings excluding interest on deposits		1,783			3,096			4,741			2,604			2,092			1,914
Interest on deposits		812			2,053			1,590			981			484			457
Total earnings	$	2,595		$	5,149		$	6,331		$	3,585		$	2,576		$	2,371
Fixed charges
Interest on borrowed funds	$	553		$	1,197		$	777		$	599		$	298		$	258
Interest component of rentals		35			69			64			63			58			59
Amortization of notes and debentures					1									1			1
Distributions on mandatorily redeemable capital securities of subsidiary trusts																	28
Fixed charges excluding interest on deposits		588			1,267			841			662			357			346
Interest on deposits		812			2,053			1,590			981			484			457
Total fixed charges	$	1,400		$	3,320		$	2,431		$	1,643		$	841		$	803
Ratio of earnings to fixed charges
Excluding interest on deposits		3.03	x		2.44	x		5.64	x		3.93	x		5.86	x		5.53	x
Including interest on deposits		1.85			1.55			2.60			2.18			3.06			2.95

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