##### 

Exhibit 12.1

National City Corporation

Computation of Ratio of Earnings to
Fixed Charges

(Unaudited)

|                                                                                      |                                                                 |                       |           |           |      |   |           |           |  |   |           |           |  |      |           |           |  |   |           |           | 
|------------------------------------------------------------------------------------- | --------------------------------------------------------------- | --------------------- | --------- | --------- | ---- | - | --------- | --------- |  | - | --------- | --------- |  | ---- | --------- | --------- |  | - | --------- | --------- | 
|                                                                                      |                                                                
|                                                                                      |                                                                 | For the Calendar Year |          
|                                                                                      |                                                                 |                       |          
|(Dollars in Thousands)                                                                |                                                                 | 2005                  |           |           | 2004 |   |           | 2003      |  |   | 2002      |           |  | 2001 |          
|                                                                                      |                                                                
|Computation Excluding Preferred
    Stock Dividends:                                  |                                                                 |                       |           |           |      |   |           |           |  |   |           |           |  |      |           |          
|Income before income tax expense                                                      |                                                                 | $                     | 2,961,163 |           |      | $ | 4,077,940 |           |  | $ | 3,237,466 |           |  | $    | 2,168,801 |           |  | $ | 2,166,501 |          
|Interest on nondeposit interest
    bearing liabilities                               |                                                                 |                       | 1,431,470 |           |      |   | 697,204   |           |  |   | 738,085   |           |  |      | 762,163   |           |  |   | 1,198,172 |          
|Portion of rental expense deemed
    representative of interest                       |                                                                 |                       | 48,857    |           |      |   | 40,592    |           |  |   | 37,116    |           |  |      | 37,544    |           |  |   | 35,281    |          
|                                                                                     
|                                                                                      | Total income for computation
    excluding interest on deposits |                       |           | 4,441,490 |      |   |           | 4,815,736 |  |   |           | 4,012,667 |  |      |           | 2,968,508 |  |   |           | 3,399,954 | 
|Interest on deposits                                                                  |                                                                 |                       | 1,604,601 |           |      |   | 896,131   |           |  |   | 891,731   |           |  |      | 1,148,378 |           |  |   | 1,777,731 |          
|                                                                                     
|                                                                                      | Total income for computation
    including interest on deposits |                       | $         | 6,046,091 |      |   | $         | 5,711,867 |  |   | $         | 4,904,398 |  |      | $         | 4,116,886 |  |   | $         | 5,177,685 | 
|                                                                                     
|Fixed charges excluding interest on
    deposits                                      |                                                                 | $                     | 1,480,327 |           |      | $ | 737,796   |           |  | $ | 775,201   |           |  | $    | 799,707   |           |  | $ | 1,233,453 |          
|                                                                                     
|Fixed charges including interest on
    deposits                                      |                                                                 | $                     | 3,084,928 |           |      | $ | 1,633,927 |           |  | $ | 1,666,932 |           |  | $    | 1,948,085 |           |  | $ | 3,011,184 |          
|                                                                                     
|Ratio excluding interest on deposits                                                  |                                                                 |                       | 3.00x     |           |      |   | 6.53x     |           |  |   | 5.18x     |           |  |      | 3.71x     |           |  |   | 2.76x     |          
|Ratio including interest on deposits                                                  |                                                                 |                       | 1.96x     |           |      |   | 3.50x     |           |  |   | 2.94x     |           |  |      | 2.11x     |           |  |   | 1.72x     |          
|Computation Including Preferred
    Stock Dividends:                                  |                                                                 |                       |           |           |      |   |           |           |  |   |           |           |  |      |           |          
|                                                                                      | Total income for computation
    excluding interest on deposits |                       | $         | 4,441,490 |      |   | $         | 4,815,736 |  |   | $         | 4,012,667 |  |      | $         | 2,968,508 |  |   | $         | 3,399,954 | 
|                                                                                     
|                                                                                      | Total income for computation
    including interest on deposits |                       | $         | 6,046,091 |      |   | $         | 5,711,867 |  |   | $         | 4,904,398 |  |      | $         | 4,116,886 |  |   | $         | 5,177,685 | 
|                                                                                     
|Fixed charges excluding interest on
    deposits and preferred stock dividends        |                                                                 | $                     | 1,480,327 |           |      | $ | 737,796   |           |  | $ | 775,201   |           |  | $    | 799,707   |           |  | $ | 1,233,453 |          
|Pretax preferred stock dividends                                                      |                                                                 |                       | 2,412     |           |      |   | 1,209     |           |  |   |          |           |  |      | 32        |           |  |   | 1,563     |          
|                                                                                     
|Fixed charges including preferred
    stock dividends, excluding interest on deposits |                                                                 |                       | 1,482,739 |           |      |   | 739,005   |           |  |   | 775,201   |           |  |      | 799,739   |           |  |   | 1,235,016 |          
|Interest on deposits                                                                  |                                                                 |                       | 1,604,601 |           |      |   | 896,131   |           |  |   | 891,731   |           |  |      | 1,148,378 |           |  |   | 1,777,731 |          
|                                                                                     
|Fixed charges including interest on
    deposits and preferred stock dividends        |                                                                 | $                     | 3,087,340 |           |      | $ | 1,635,136 |           |  | $ | 1,666,932 |           |  | $    | 1,948,117 |           |  | $ | 3,012,747 |          
|                                                                                     
|Ratio excluding interest on deposits                                                  |                                                                 |                       | 3.00x     |           |      |   | 6.52x     |           |  |   | 5.18x     |           |  |      | 3.71x     |           |  |   | 2.75x     |          
|Ratio including interest on deposits                                                  |                                                                 |                       | 1.96x     |           |      |   | 3.49x     |           |  |   | 2.94x     |           |  |      | 2.11x     |           |  |   | 1.72x     |          
|                                                                                     
|Components of Fixed
    Charges:                                                      |                                                                 |                       |           |           |      |   |           |           |  |   |           |           |  |      |           |           |  |   |           |          
|Interest:                                                                             |                                                                 |                       |           |           |      |   |           |           |  |   |           |           |  |      |           |           |  |   |           |          
|                                                                                      | Interest on deposits                                            |                       | $         | 1,604,601 |      |   | $         | 896,131   |  |   | $         | 891,731   |  |      | $         | 1,148,378 |  |   | $         | 1,777,731 | 
|                                                                                      | Interest on nondeposit interest
    bearing liabilities         |                       |           | 1,431,470 |      |   |           | 697,204   |  |   |           | 738,085   |  |      |           | 762,163   |  |   |           | 1,198,172 | 
|                                                                                     
|                                                                                      | Total interest charges                                          |                       | $         | 3,036,071 |      |   | $         | 1,593,335 |  |   | $         | 1,629,816 |  |      | $         | 1,910,541 |  |   | $         | 2,975,903 | 
|                                                                                     
|Rental Expense:                                                                       |                                                                 |                       |           |           |      |   |           |           |  |   |           |           |  |      |           |           |  |   |           |          
|                                                                                      | Building rental expense                                         |                       | $         | 148,050   |      |   | $         | 123,005   |  |   | $         | 112,474   |  |      | $         | 113,769   |  |   | $         | 106,911   | 
|                                                                                      | Portion of rental expense deemed
    representative of interest |                       |           | 48,857    |      |   |           | 40,592    |  |   |           | 37,116    |  |      |           | 37,544    |  |   |           | 35,281    | 
|Preferred Stock Charge:                                                               |                                                                 |                       |           |           |      |   |           |           |  |   |           |           |  |      |           |           |  |   |           |          
|                                                                                      | Preferred stock dividends                                       |                       |           | 1,616     |      |   |           | 786       |  |   |           |          |  |      |           | 21        |  |   |           | 1,016     | 
|                                                                                      | Pretax preferred dividends                                      |                       |           | 2,412     |      |   |           | 1,209     |  |   |           |          |  |      |           | 32        |  |   |           | 1,563     | 
|