Exhibit 21.1



Exhibit 21.1

Form 10-K



SUBSIDIARIES OF SKY FINANCIAL GROUP, INC.



December 31, 2002



|NAME OF ENTITY |  | JURISDICTION OF INCORPORATION OR ORGANIZATION
|-------------- |  | ---------------------------------------------
|A.             |  | Issuer and Parent Company                    
|              
|               |  | Sky Financial Group, Inc.                    
|               |  | Bowling Green, Ohio                          
|              
|B.             |  | Bank Subsidiaries of Issuer                  
|              
|               |  | 1.                                           
|               |  |                                              
|               |  |                                              
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|               |  |                                              
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|               |  |                                              
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|               |  |                                              
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|               |  |                                              
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|               |  |                                              
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|               |  |                                              
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|               |  |                                              
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|               |  |                                              
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|   |  |                                          |  | f.                                                        |  | TRB Realty Corporation, Inc. (Inactive) |  | Pennsylvania
|-- |  | ---------------------------------------- |  | --------------------------------------------------------- |  | --------------------------------------- |  | ------------
|   |  |                                          |  |                                                           |  | Monroeville, Pennsylvania               |  |             
|   |  |                                          |  |                                                           |  | Sky Bank owns 100%                      |  |             
|  
|   |  | 2.                                       |  | Sky Trust, National Association                           |  | United States                          
|   |  |                                          |  | Pepper Pike, Ohio                                         |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 100%                       |  |                                        
|  
|C. |  | Financial Service Subsidiaries of Issuer |  |                                                          
|  
|   |  | 1.                                       |  | Access Partners, LLC (acquired majority interest 1/28/02) |  | Indiana                                
|   |  |                                          |  | Evansville, Indiana                                       |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 51%                        |  |                                        
|  
|   |  | 2.                                       |  | First Western Capital Trust I                             |  | Delaware                               
|   |  |                                          |  | Wilmington, Delaware                                      |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 100%                       |  |                                        
|  
|   |  | 3.                                       |  | Freedom Financial Life Insurance Company                  |  | Arizona                                
|   |  |                                          |  | Phoenix, Arizona                                          |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 77%                        |  |                                        
|  
|   |  | 4.                                       |  | Mid Am Capital Trust I                                    |  | Delaware                               
|   |  |                                          |  | Wilmington, Delaware                                      |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 100%                       |  |                                        
|  
|   |  | 5.                                       |  | Mid Am Financial Services, Inc. (inactive)                |  | Indiana                                
|   |  |                                          |  | Bowling Green, Ohio                                       |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 100%                       |  |                                        
|  
|   |  | 6.                                       |  | Sky Asset Management Services, Inc. (inactive)            |  | Ohio                                   
|   |  |                                          |  | Bowling Green, Ohio                                       |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 100%                       |  |                                        
|  
|   |  | 7.                                       |  | Sky Capital Management, Inc.                              |  | Delaware                               
|   |  |                                          |  | Wilmington, Delaware                                      |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 100%                       |  |                                        
|  
|   |  | 8.                                       |  | Sky Financial Capital Trust I                             |  | Delaware                               
|   |  |                                          |  | Wilmington, Delaware                                      |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 100%                       |  |                                        
|  
|   |  | 9.                                       |  | Sky Financial Solutions, Inc.                             |  | Ohio                                   
|   |  |                                          |  | Columbus, Ohio                                            |  |                                        
|   |  |                                          |  | Sky Financial Group, Inc. owns 100%                       |  |                                        
|  
|   |  |                                          |  | a.                                                        |  | Sky Financial Securitization Corp. I    |  | Delaware    
|   |  |                                          |  |                                                           |  | Wilmington, Delaware                    |  |             
|   |  |                                          |  |                                                           |  | Sky Financial Solutions, Inc. owns 100% |  |             
|  
|   |  |                                          |  | b.                                                        |  | Sky Financial Securitization Corp. II   |  | Delaware    
|   |  |                                          |  |                                                           |  | Wilmington, Delaware                    |  |             
|   |  |                                          |  |                                                           |  | Sky Financial Solutions, Inc. owns 100% |  |             
|  
|   |  |                                          |  | c.                                                        |  | Sky Financial Securitization Corp. III  |  | Delaware    
|   |  |                                          |  |                                                           |  | Wilmington, Delaware                    |  |             
|   |  |                                          |  |                                                           |  | Sky Financial Solutions, Inc. owns 100% |  |             



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|    |  | d.                                  |  | Sky Financial Securitization Corp. IV   |  | Delaware
|--- |  | ----------------------------------- |  | --------------------------------------- |  | --------
|    |  |                                     |  | Wilmington, Delaware                    |  |         
|    |  |                                     |  | Sky Financial Solutions, Inc. owns 100% |  |         
|   
|    |  | e.                                  |  | Sky Financial Securitization Corp. V    |  | Delaware
|    |  |                                     |  | Wilmington, Delaware                    |  |         
|    |  |                                     |  | Sky Financial Solutions, Inc. owns 100% |  |         
|   
|    |  | f.                                  |  | Sky Loan Funding Corporation            |  | Delaware
|    |  |                                     |  | Wilmington, Delaware                    |  |         
|    |  |                                     |  | Sky Financial Solutions, Inc. owns 100% |  |         
|   
|10. |  | Sky Holdings, Inc.                  |  | Delaware                               
|    |  | Wilmington, Delaware                |  |                                        
|    |  | Sky Financial Group, Inc. owns 100% |  |                                        
|   
|11. |  | Sky Insurance, Inc.                 |  | Ohio                                   
|    |  | Maumee, Ohio                        |  |                                        
|    |  | Sky Financial Group, Inc. owns 100% |  |                                        



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