2002 Annual Report _  Investing in the Future GLYPH<ornament20> STRUCTURE GLYPH<ornament20> One key to TCF’s long-term success is that our strong, seasoned  management team is structured to optimize strategies for geograph- ically based marketing and centralized product line management  and operations.  identifying customers with high loan refinancing potential and con- tacting them to refinance with one of TCF’s loan products. This strat- egy has worked well for us during almost two years of low rates and increased refinancing activity. Also experiencing high refinance activ- ities, TCF Mortgage Corporation funded $2.9 billion in mortgage loans  during 2002.  TCF believes that the day-to-day “business of banking” is best managed at the local level in each of our markets. Our local bank management teams are constantly in touch with their customers, competitors and communities, and we believe they are able to make the best decisions regarding local business issues, business development initiatives, cus- tomer relations, and community involvement.  TCF’s Commercial Real Estate group also performed well in 2002, increasing outstandings by $213.3 million, or 13 percent. An increase in lenders in 2002, especially in our Chicago market, contributed to $517 million in Commercial Real Estate loan originations. This port- folio continues to have strong credit quality and low charge-off rates and ended the year with .37 percent delinquencies. In our flagship state of Minnesota, TCF is one of the top three banks in checking account market share. TCF Minnesota management is focused on retaining and cultivating its large and profitable customer base by strategically growing our branch network and building addi- tional relationships with our customers through our higher-yielding consumer and commercial loan products. TCF’s Lakeshore region, comprised of our Illinois, Wisconsin and Indiana operations, has our largest branch system and largest supermarket- banking network. Since 1998, Lakeshore has added 172 branches and now has 227. TCF now has 178 supermarket branches throughout the Lakeshore region. This growing One challenge in 2002 was the slowing economy, which prompted many companies to move cautiously on borrowings and purchases; this trend was reflected in both our Commercial Loan and Leasing and Equipment Financing portfolios. However, both portfolios gained in outstandings, with Commercial Loans up $17.7 million, or 4 percent, and Leasing and Equipment Financing up $82.3 million, or 9 percent. Leasing demon- strated noticeable improvement in credit quality with both delinquen- cies and non-performing loans and leases down from year-end 2001. TCF’s Leasing and Equipment Finance operations are well positioned for future growth. Cultivating Our Business POWER ASSETS AND POWER LIABILITIES, TCF’S  “POWER BUSINESSES,” ARE THE PRIMARY DRIVERS  OF OUR IMPRESSIVE EARNINGS GROWTH.