Financial Highlights  TCFFinancial Corporation and Subsidiaries _ 2002 Annual Report At or For the Year Ended December 31, (Dollars in thousands, except per-share data) 2002 2001 % Change OPERATING RESULTS: Net interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 499,225 $ 481,222 3.7% Fees and other revenue (1)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . 405,344 367,307 10.4 Top-line revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 904,569 848,529 6.6 Provision for credit losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22,006 20,878 5.4 Gains on sales of securities and branches . . . . . . . . . . . . . . . . . 13,498 4,179 N.M. Non-interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 538,369 501,996 7.2 Income before income tax expense . . . . . . . . . . . . . . . . . . . 357,692 329,834 8.4 Income tax expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124,761 122,512 1.8 Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 232,931 $ 207,322 12.4 PER COMMON SHARE INFORMATION: Basic earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3.17 $ 2.73 16.1 Diluted earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.15 2.70 16.7 Dividends declared . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.15 1.00 15.0 Stock price: High . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54.60 51.12  Low . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35.10 32.81  Close . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43.69 47.98 (8.9) Book value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.23 11.92 11.0 Ta ngible book value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.16 9.91 12.6 Price to book value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330% 403% (18.1) Price to tangible book value . . . . . . . . . . . . . . . . . . . . . . . . . . 391 484 (19.2) FINANCIAL RATIOS: Return on average assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.01% 1.79% 12.3 Return on average realized common equity . . . . . . . . . . . . . . . . 25.82 23.18 11.4 Return on average common equity . . . . . . . . . . . . . . . . . . . . . . 25.38 23.06 10.1 Net interest margin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.71 4.51 4.4 Total equity to total assets at year end . . . . . . . . . . . . . . . . . . . . 8.01 8.07 (.7) Tangible equity to total assets at year end . . . . . . . . . . . . . . . . . 6.75 6.71 .6 At December 31, (Dollars in thousands) 2002 2001 % Change SELECTED BALANCE SHEET DATA: Securities available for sale . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,426,794 $1 ,584,661 53.1% Residential real estate loans . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,800,344 2,733,290 (34.1) Subtotal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,227,138 4,317,951 (2.1) Other loans and leases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,320,784 5,510,912 14.7 Goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145,462 145,462 – Mortgage servicing rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62,644 58,261 7.5 Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,202,069 11,358,715 7.4 Deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,709,988 7,098,958 8.6 Short-term borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 842,051 719,859 17.0 Long-term borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,268,244 2,303,166 (1.5) Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 977,020 917,033 6.5 Ta n gible equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 823,985 762,327 8.1 Common shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . 73,855,886 76,931,828 (4.0) (1) Excludes gains on sales of securities and branches. N.M. Not meaningful. page 1