Regions Financial Corporation - RF- Profile

Regions Financial Corporation(FABC). The Group's principal activities are mortgage banking, credit life insurance, leasing, commercial account receivable factoring, specialty mortgage financing and securities brokerage activities. Advances includes Commercial, Real estate construction, Real estate mortgage and consumer. Deposits includes Savings accounts, Time deposits, Interest-bearing transaction, Certificates of deposit, Money market savings accounts. At 31-Dec- 2002, the Group operated 689 full-service banking offices in Alabama, Arkansas, Florida, Georgia, Louisiana, South Carolina, Tennessee and Texas. In 2002, the Group acquired ICT Group, LLC, Brookhollow Bancshares, Inc. and Independence Bank. Community banking accounted for 76% of 2002 Net interest income; Treasury, 19%; Mortgage banking, 3%; Investment banking/Brokerage/Trust, 2%; Insurance, nom and Other, nom.