Exhibit 12.1

The PNC Financial Services Group, Inc. and Subsidiaries

Computation of Ratio of Earnings

to Fixed Charges (1)

	Year Ended December 31
Dollars in millions	2008			2007			2006			2005			2004
Earnings
Pretax income from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees	$	1,063		$	1,806		$	3,913		$	1,962		$	1,745
Add:
Distributed income of equity investees		157			124			20
Fixed charges excluding interest on deposits		1,076			1,267			841			662			357
Less:
Minority interest in pretax income of subsidiaries that have not incurred fixed charges		122			101			33			20			10
Earnings excluding interest on deposits		2,174			3,096			4,741			2,604			2,092
Interest on deposits		1,485			2,053			1,590			981			484
Total earnings	$	3,659		$	5,149		$	6,331		$	3,585		$	2,576
Fixed charges
Interest on borrowed funds	$	1,004		$	1,197		$	777		$	599		$	298
Interest component of rentals		71			69			64			63			58
Amortization of notes and debentures		1			1									1
Distributions on mandatorily redeemable capital securities of subsidiary trusts
Fixed charges excluding interest on deposits		1,076			1,267			841			662			357
Interest on deposits		1,485			2,053			1,590			981			484
Total fixed charges	$	2,561		$	3,320		$	2,431		$	1,643		$	841
Ratio of earnings to fixed charges
Excluding interest on deposits		2.02	x		2.44	x		5.64	x		3.93	x		5.86	x
Including interest on deposits		1.43			1.55			2.60			2.18			3.06

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