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Press Release

TCF Reports Second Quarter Earnings and EPS ($.49)

Company Release - 7/24/2007 8:34 AM ET

WAYZATA, Minn.--(BUSINESS WIRE)--

TCF Financial Corporation ("TCF") (NYSE:TCB):

    SECOND QUARTER HIGHLIGHTS

    --  Diluted earnings per share of 49 cents

    --  Net income of $62.1 million

    --  Return on average assets of 1.67 percent

    --  Return on average common equity of 24.16 percent


----------------------------------------------------------------------
EARNINGS SUMMARY                                               Table 1
----------------------------------------------------------------------
($ in thousands, except per-share data)

                                                      Percent Change
                                                      ---------------
                                 2Q      1Q      2Q   2Q07 vs 2Q07 vs
                                2007    2007    2006    1Q07   2Q06
                              ----------------------------------------
Net income                    $62,129 $82,724 $67,061 (24.9) %(7.4) %
Diluted earnings per common
 share                            .49     .65     .52 (24.6)  (5.8)

Financial Ratios (1)
------------------------------
Return on average assets         1.67%   2.24%   1.92%
Return on average common
 equity                         24.16   31.81   27.75
Net interest margin              4.02    4.00    4.22
Net charge-offs as a
 percentage
  of average loans and leases     .24     .10     .16



                                                YTD      YTD   Percent
                                               2007     2006   Change
                                             -------------------------
Net income                                   $144,853 $125,283   15.6%
Diluted earnings per common share                1.14      .96   18.8

Financial Ratios (1)
---------------------------------------------
Return on average assets                         1.95%    1.82%
Return on average common equity                 28.08    25.80
Net interest margin                              4.01     4.23
Net charge-offs as a percentage
  of average loans and leases                     .17      .12



(1) Annualized.
----------------------------------------------------------------------

TCF Financial Corporation ("TCF") (NYSE:TCB) today reported diluted earnings per share of 49 cents for the second quarter of 2007, down 5.8 percent, compared with 52 cents for the same 2006 period. Net income for the second quarter of 2007 was $62.1 million, down 7.4 percent from $67.1 million for the second quarter of 2006. The second quarter of 2007 includes $2.7 million in pre-tax gains on sales of real estate and a $1.9 million favorable income tax adjustment for a combined after-tax impact of three cents per diluted share. The second quarter of 2006 included a $4.1 million favorable income tax adjustment for an after-tax impact of three cents per diluted share.

For the second quarter of 2007, return on average assets ("ROA") was 1.67 percent and return on average common equity ("ROE") was 24.16 percent, compared with 1.92 percent and 27.75 percent, respectively, for the second quarter of 2006.

Diluted earnings per share for the first six months of 2007 was $1.14, compared with 96 cents for the same 2006 period. The first six months of 2007 includes a $31.2 million pre-tax gain on the sale of ten outstate Michigan branches, $2.7 million of pre-tax gains on sales of real estate, and $10.4 million of favorable income tax settlements and adjustments for a combined after-tax impact of 26 cents per diluted share. The first six months of 2006 includes $4.5 million in pre-tax gains on sale of assets and $4.1 million in favorable income tax adjustments for a combined after-tax impact of five cents per diluted share.

Chief Executive Officer's Statement

"Despite a very difficult operating environment primarily due to the inverted yield curve, TCF successfully increased its net interest income and net interest margin rate from the first quarter of 2007 and effectively controlled expenses," said Lynn A. Nagorske, CEO, TCF Financial Corporation. "However, the provision for credit losses increased from the first quarter primarily as a result of the slowdown in the housing market and increased reserves for certain commercial loans. Also, the first quarter provision included a large lease recovery."

----------------------------------------------------------------------
Total Revenue                                                  Table 2
----------------------------------------------------------------------

                                                       Percent Change
                                                      ----------------
($ in thousands)              2Q       1Q       2Q    2Q07 vs 2Q07 vs
                             2007     2007     2006    1Q07    2Q06
                           -------------------------------------------
Net interest income        $137,425 $135,477 $135,442    1.4 %   1.5 %
                           ---------------------------
Fees and other revenue:
  Fees and service charges   71,728   62,022   71,099   15.6      .9
  Card revenue               24,876   23,261   22,984    6.9     8.2
  ATM revenue                 9,314    8,749    9,762    6.5    (4.6)
  Investments and insurance   2,772    2,178    2,894   27.3    (4.2)
                           ---------------------------
    Total banking fees      108,690   96,210  106,739   13.0     1.8
  Leasing and equipment
   finance                   15,199   14,001   12,552    8.6    21.1
  Other                       2,993    1,953    4,331   53.3   (30.9)
                           ---------------------------
    Total fees and other
     revenue                126,882  112,164  123,622   13.1     2.6
                           ---------------------------
    Gains on sales of
     branches and real
     estate                   2,723   31,173        -  (91.3)  100.0
                           ---------------------------
       Total non-interest
        income              129,605  143,337  123,622   (9.6)    4.8
                           ---------------------------
       Total revenue       $267,030 $278,814 $259,064   (4.2)    3.1
                           ===========================

Net interest margin (1)        4.02%    4.00%    4.22%
Fees and other revenue as a
 % of:
 Total revenue                47.52    40.23    47.72
 Average assets (1)            3.42     3.03     3.54



($ in thousands)                            YTD        YTD    Percent
                                           2007       2006     Change
                                        ------------------------------
Net interest income                       $272,902   $266,610     2.4%
                                        ----------------------
Fees and other revenue:
  Fees and service charges                 133,750    132,654      .8
  Card revenue                              48,137     44,246     8.8
  ATM revenue                               18,063     18,861    (4.2)
  Investments and insurance                  4,950      5,382    (8.0)
                                        ----------------------
    Total banking fees                     204,900    201,143     1.9
  Leasing and equipment finance             29,200     24,467    19.3
  Other                                      4,946     12,583   (60.7)
                                        ----------------------
    Total fees and other revenue           239,046    238,193      .4
                                        ----------------------
    Gains on sales of branches and real
     estate                                 33,896      2,928     N.M.
                                        ----------------------
       Total non-interest income           272,942    241,121    13.2
                                        ----------------------
       Total revenue                      $545,844   $507,731     7.5
                                        ======================

Net interest margin (1)                       4.01%      4.23%
Fees and other revenue as a % of:
 Total revenue                               43.79      46.91
 Average assets (1)                           3.23       3.45


N.M. = Not Meaningful
(1) Annualized.

----------------------------------------------------------------------

Net Interest Income

TCF's net interest income in the second quarter of 2007 was $137.4 million, up $2 million, or 1.5 percent, from the second quarter of 2006 and up $1.9 million, or 1.4 percent, from the first quarter of 2007. Net interest margin in the second quarter of 2007 was 4.02 percent, compared with 4.22 percent for the second quarter of 2006 and 4.00 percent for the first quarter of 2007.

The increase in net interest income from the second quarter of 2006 was primarily attributable to a $841.6 million, or 6.5 percent, increase in average interest-earning assets, partially offset by a 20 basis point reduction in net interest margin. The decrease in net interest margin from the second quarter of 2006 was primarily due to continued customer preference for lower-yielding fixed-rate loans and higher-cost market-rate deposits largely due to the flat or inverted yield curve which persisted for the majority of the period.

The increase in net interest income from the first quarter of 2007 was primarily due to a $64.4 million increase in total interest-earning assets, a 2 basis point increase in net interest margin and one additional day in the second quarter of 2007. The increase in net interest margin from the first quarter of 2007 was primarily due to investments that were replaced by higher-yielding Power Assets and increased yields in leasing, partially offset by the effect of Michigan deposits sold in the first quarter of 2007.

Non-interest Income

Total non-interest income was $129.6 million for the second quarter of 2007, up $6 million, or 4.8 percent, from the same period of 2006.

Banking fees and service charges were $71.7 million for the second quarter of 2007, up $629 thousand, or .9 percent, from the second quarter of 2006 primarily attributable to deposit account growth.

Card revenues totaled $24.9 million for the second quarter of 2007, up $1.9 million, or 8.2 percent, over the same period in 2006, due to increased sales volume as a result of increases in the number of active accounts and transactions per account.

Leasing and equipment finance revenues were $15.2 million for the second quarter of 2007, up $2.6 million, or 21.1 percent, from the 2006 second quarter due to higher sales-type and operating lease revenues.

Other revenues were $3 million for the second quarter of 2007, down $1.3 million from the same period of 2006. The decline primarily reflects non-recurring transactions in the second quarter of 2006 including a $706 thousand gain on the sale of a private bank investment and $704 thousand of interest on an income tax refund.

Gains on sales of real estate were $2.7 million for the second quarter of 2007. These gains primarily relate to the relocation of certain mature traditional branches to improved sites and facilities. No such sales or gains occurred in the second quarter of 2006.

Branches

Number of Branches - 2Q 2007                                   Table 3
----------------------------------------------------------------------
                Total       New                   Total       New
              Branches  Branches (1)             Branches Branches (1)
              ----------------------             ---------------------
Minnesota           108           23  Traditional     191           78
Illinois            199           38  Supermarket     241           46
Michigan             56           25  Campus           14            9
                                                 ---------------------
Colorado             45           41                  446          133
                                                 =====================
Wisconsin            32            4
Indiana               5            1
Arizona               1            1
              ----------------------
Total Branches      446          133
              ======================

(1) New branches opened since January 1, 2002

During the second quarter of 2007, TCF opened seven new branches, including three traditional branches, two supermarket branches, and two campus branches. TCF also relocated one traditional branch and closed two traditional and two supermarket branches and transferred the customer accounts to nearby branches. Since January 2002, TCF has now opened 133 new branches, representing 29.8 percent of TCF's 446 total branches.

During the remainder of 2007, TCF plans to open nine additional branches, consisting of five traditional branches, three supermarket branches and one campus branch. To improve the customer experience and enhance deposit growth, TCF also intends to relocate six branches to improved locations and facilities, including five traditional branches and one supermarket branch, and to remodel 16 supermarket branches and one traditional branch during the last six months of 2007. TCF also plans to close one traditional branch in the third quarter of 2007.

Additional information regarding the results of TCF's new branches opened since January 1, 2002 is summarized as follows:

----------------------------------------------------------------------
New Branch Information                                         Table 4
----------------------------------------------------------------------

                                                       2Q07 vs 2Q06
                                                      ---------------
($ in thousands)                      2Q        2Q            Percent
                                     2007      2006    Change Change
                                  ------------------------------------
Number of deposit accounts           351,669  257,019   94,650  36.8%
Average deposits:
  Checking                          $343,395 $276,021  $67,374  24.4
  Savings                            335,415  251,023   84,392  33.6
  Money market                        43,548   25,938   17,610  67.9
                                  ----------------------------
    Subtotal                         722,358  552,982  169,376  30.6
  Certificates of deposit            446,333  406,314   40,019   9.8
                                  ----------------------------
    Total deposits                $1,168,691 $959,296 $209,395  21.8
                                  ============================


Total fees and other revenue         $18,570  $14,187   $4,383  30.9
                                  ============================


($ in thousands)                     YTD            YTD      Percent
                                     2007          2006       Change
                                  ------------------------------------
Number of deposit accounts
Average deposits:
  Checking                          $331,959        $265,393     25.1%
  Savings                            323,303         244,718     32.1
  Money market                        41,664          25,552     63.1
                                  --------------------------
    Subtotal                         696,926         535,663     30.1
  Certificates of deposit            440,148         360,877     22.0
                                  --------------------------
    Total deposits                $1,137,074        $896,540     26.8
                                  ==========================


Total fees and other revenue         $33,526         $25,771     30.1
                                  ==========================


----------------------------------------------------------------------

Power Assets(R)

----------------------------------------------------------------------
Average Power Assets                                           Table 5
----------------------------------------------------------------------

                                                       Percent Change
                                                      ----------------
($ in thousands)        2Q          1Q         2Q     2Q07 vs 2Q07 vs
                        2007        2007       2006    1Q07    2Q06
                    --------------------------------------------------
Loans and leases:
 (1)
  Consumer home
   equity:
  First mortgage
   lien             $ 3,894,939 $ 3,808,390 $3,509,588   2.3 %  11.0 %
  Junior lien         2,140,773   2,109,723  1,901,063   1.5    12.6
                    ----------------------------------
    Total consumer
     home equity      6,035,712   5,918,113  5,410,651   2.0    11.6
  Consumer other         41,708      41,853     34,854   (.3)   19.7
                    ----------------------------------
       Total
        consumer      6,077,420   5,959,966  5,445,505   2.0    11.6
  Commercial real
   estate             2,349,608   2,377,683  2,398,425  (1.2)   (2.0)
  Commercial            557,134     554,127    500,530    .5    11.3
   business
                    ----------------------------------
       Total
        commercial    2,906,742   2,931,810  2,898,955   (.9)     .3
  Leasing and
   equipment finance  1,879,958   1,837,964  1,624,781   2.3    15.7
                    ----------------------------------
       Total Power
        Assets      $10,864,120 $10,729,740 $9,969,241   1.3     9.0
                    ==================================


($ in thousands)                    YTD          YTD        Percent
                                    2007         2006        Change
                                --------------------------------------
Loans and leases: (1)
  Consumer home equity:
  First mortgage lien           $  3,851,905   $ 3,459,600       11.3%
  Junior lien                      2,125,333     1,854,125       14.6
                                --------------------------
    Total consumer home equity     5,977,238     5,313,725       12.5
  Consumer other                      41,780        34,843       19.9
                                --------------------------
       Total consumer              6,019,018     5,348,568       12.5
  Commercial real estate           2,363,568     2,364,192          -
  Commercial business                555,639       475,088       17.0
                                --------------------------
       Total commercial            2,919,207     2,839,280        2.8
  Leasing and equipment finance    1,859,077     1,579,161       17.7
                                --------------------------
       Total Power Assets       $ 10,797,302   $ 9,767,009       10.5
                                ==========================


(1) Excludes residential real estate loans, education loans held for
 sale and operating lease receivables.

----------------------------------------------------------------------

TCF's average Power Assets increased $894.9 million, or 9 percent, from the second quarter of 2006. TCF's average consumer loan balances increased $631.9 million, or 11.6 percent, average commercial loan balances increased $7.8 million, or .3 percent, and leasing and equipment finance balances increased $255.2 million, or 15.7 percent, from the second quarter of 2006.

TCF's average Power Assets increased $134.4 million, or 5 percent (annualized), from the first quarter of 2007. The second quarter's lower annualized growth rate is related to slower growth in consumer home equity loans resulting from the slow down in the housing market and increased prepayments of commercial real estate loans.

Power Liabilities(R)

----------------------------------------------------------------------
Average Power Liabilities                                      Table 6
----------------------------------------------------------------------

                                                       Percent Change
                                                      ----------------
($ in thousands)         2Q         1Q         2Q     2Q07 vs 2Q07 vs
                        2007       2007       2006     1Q07    2Q06
                     -------------------------------------------------
Non-interest bearing
 deposits:
  Retail             $1,492,429 $1,532,150 $1,557,933 (2.6) % (4.2) %
  Small business        586,711    596,460    604,776 (1.6)   (3.0)
  Commercial and
   custodial            199,226    201,860    234,188 (1.3)  (14.9)
                     ---------------------------------
   Total non-interest
    bearing           2,278,366  2,330,470  2,396,897 (2.2)   (4.9)
Interest-bearing
 deposits:
  Premier checking    1,070,397  1,073,500  1,000,749  (.3)    7.0
  Other checking        834,405    824,512    893,800  1.2    (6.6)
                     ---------------------------------
   Subtotal           1,904,802  1,898,012  1,894,549   .4      .5
  Premier savings     1,109,341  1,070,059    855,979  3.7    29.6
  Other savings       1,300,857  1,314,471  1,415,767 (1.0)   (8.1)
                     ---------------------------------
   Subtotal           2,410,198  2,384,530  2,271,746  1.1     6.1
  Money market          604,217    610,286    610,766 (1.0)   (1.1)
                     ---------------------------------
   Subtotal           4,919,217  4,892,828  4,777,061   .5     3.0
  Certificates of
   deposit            2,525,886  2,513,838  2,249,694   .5    12.3
                     ---------------------------------
     Total interest-
      bearing         7,445,103  7,406,666  7,026,755   .5     6.0
                     ---------------------------------
      Power          $9,723,469 $9,737,136 $9,423,652  (.1)    3.2
       Liabilities
                     =================================

  Average rate on          2.40%      2.38%      1.97%
   deposits

  # of deposit
   accounts           2,428,643  2,406,725  2,395,827   .9     1.4


($ in thousands)                            YTD        YTD    Percent
                                           2007       2006     Change
                                        ------------------------------
Non-interest bearing deposits:
  Retail                                $1,512,180 $1,555,982  (2.8) %
  Small business                           591,559    597,548  (1.0)
  Commercial and custodial                 200,534    258,165 (22.3)
                                        ----------------------
   Total non-interest bearing            2,304,273  2,411,695  (4.5)
Interest-bearing deposits:
  Premier checking                       1,071,940    969,575  10.6
  Other checking                           829,486    901,835  (8.0)
                                        ----------------------
   Subtotal                              1,901,426  1,871,410   1.6
  Premier savings                        1,089,809    818,222  33.2
  Other savings                          1,307,627  1,428,223  (8.4)
                                        ----------------------
   Subtotal                              2,397,436  2,246,445   6.7
  Money market                             607,235    640,022  (5.1)
                                        ----------------------
   Subtotal                              4,906,097  4,757,877   3.1
  Certificates of deposit                2,519,895  2,128,341  18.4
                                        ----------------------
     Total interest-bearing              7,425,992  6,886,218   7.8
                                        ----------------------
      Power Liabilities                 $9,730,265 $9,297,913   4.6
                                        ======================

  Average rate on deposits                    2.39%      1.87%

  # of deposit accounts


----------------------------------------------------------------------

Average Power Liabilities totaled $9.7 billion for the second quarter of 2007, with an average interest rate of 2.40 percent, an increase of $299.8 million, or 3.2 percent, from the second quarter of 2006. Excluding the Michigan deposits sold in the first quarter of 2007, average Power Liabilities increased $521.3 million, or 5.7 percent, from the second quarter of 2006, primarily driven by increases in Premier Checking, Premier Savings and certificates of deposit, partially offset by declines in other interest-bearing checking and savings.

    Average Power Liabilities decreased $13.7 million, or .6 percent
(annualized), from the first quarter of 2007. Excluding the Michigan
deposits sold in the first quarter of 2007, average Power Liabilities
increased $207.8 million, or 8.7 percent (annualized), from the first
quarter of 2007 primarily in interest-bearing checking, savings and
certificates of deposit.

    Non-interest Expense


----------------------------------------------------------------------
                                                              Table 7
----------------------------------------------------------------------

                                                      Percent Change
                                                     ----------------
($ in thousands)              2Q      1Q       2Q    2Q07 vs 2Q07 vs
                             2007    2007     2006     1Q07    2Q06
                           -------------------------------------------
Compensation and
 employee benefits         $ 86,707 $ 88,093 $ 85,083 (1.6) %    1.9 %
Occupancy and equipment      29,329   30,451   27,998 (3.7)      4.8
Advertising and promotions    5,586    5,981    6,755 (6.6)    (17.3)
Other                        36,531   35,315   37,725  3.4      (3.2)
                           --------------------------
  Subtotal                  158,153  159,840  157,561 (1.1)       .4
Operating lease               4,381    4,360    3,405   .5      28.7
 depreciation
                           --------------------------
  Total non-interest
   expense                 $162,534 $164,200 $160,966 (1.0)      1.0
                           ==========================


($ in thousands)                        YTD        YTD      Percent
                                       2007       2006       Change
                                    ----------------------------------
Compensation and
 employee benefits                  $   174,800 $  171,251       2.1 %
Occupancy and equipment                  59,780     56,049       6.7
Advertising and promotions               11,567     12,471      (7.2)
Other                                    71,846     74,907      (4.1)
                                    ----------------------
  Subtotal                              317,993    314,678       1.1
Operating lease depreciation              8,741      6,568      33.1
                                    ----------------------
  Total non-interest expense        $   326,734 $  321,246       1.7
                                    ======================


----------------------------------------------------------------------

Non-interest expense totaled $162.5 million for the second quarter of 2007, up $1.6 million, or 1 percent, from $161 million for the second quarter of 2006.

Compensation and employee benefits were well controlled and increased $1.6 million, or 1.9 percent, from the second quarter of 2006. Increases due to branch expansion and production-related compensation were partially offset by reductions from branches sold, closed branches and other efficiency initiatives.

Occupancy and equipment expenses increased $1.3 million, or 4.8 percent, from the second quarter of 2006 primarily due to the costs associated with branch expansion and relocation.

Advertising and promotions expense was $5.6 million, down $1.2 million, or 17.3 percent, from the second quarter of 2006 primarily due to lower media and promotion costs.

Operating lease depreciation increased $976 thousand, or 28.7 percent, from the second quarter of 2006 primarily due to a $9.9 million, or 15.4 percent, increase in average operating lease balances in TCF's leasing and equipment finance subsidiaries.

Credit Quality

----------------------------------------------------------------------
Credit Quality Summary                                         Table 8
----------------------------------------------------------------------

                                                       Percent Change
                                                       ---------------
($ in thousands)                2Q       1Q      2Q    2Q07 vs 2Q07 vs
                               2007     2007    2006    1Q07    2Q06
                             -----------------------------------------
Allowance for loan and
 lease losses
---------------------------
Balance at beginning of
 period                      $ 60,483 $58,543 $54,805     3.3 % 10.4 %
 Charge-offs                  (10,749) (9,232) (7,939)   16.4   35.4
 Recoveries                     3,746   6,516   3,630   (42.5)   3.2
                             -------------------------
  Net charge-offs              (7,003) (2,716) (4,309)  157.8   62.5
 Provision for credit
  losses                       13,329   4,656   4,177   186.3   N.M.
                             -------------------------
Balance at end of period     $ 66,809 $60,483 $54,673    10.5   22.2
                             =========================

Allowance as a percentage
 of:
  Period end loans and
   leases                         .58%    .53%    .50%
  Net charge-offs (1)            2.4 X   5.6 X   3.2 X

Net Charge-offs as a
 Percentage of Average
 Loans and Leases (1)
--------------------------
 Consumer home equity             .30%    .22%    .09%
 Total consumer                   .37     .20     .18
 Commercial real estate             -     .07       -
 Commercial business              .03     .11     .14
 Leasing and equipment
  finance                         .29    (.18)    .42
 Residential real estate          .01     .02     .02
  Total                           .24     .10     .16

Other Credit Quality Data
-------------------------
 Delinquencies (30+ days)    $ 58,687 $46,814 $34,550
 Delinquencies as a
  percentage of loan and
  lease portfolio                 .51%    .41%    .32%

 Non-accrual loans           $ 40,391 $55,106 $25,140   (26.7)  60.7
 Real estate owned             44,813  27,212  25,986    64.7   72.5
                             -------------------------
  Total non-performing
   assets                      85,204  82,318  51,126     3.5   66.7
                             =========================
 Non-performing assets as
  a percentage of:
  Net loans and leases            .74%    .72%    .47%



($ in thousands)                              YTD       YTD    Percent
                                             2007      2006    Change
                                           --------- --------- -------
Allowance for loan and lease losses
-------------------------------------------
Balance at beginning of period             $ 58,543  $ 55,823     4.9%
 Charge-offs                                (19,981)  (15,076)   32.5
 Recoveries                                  10,262     8,598    19.4
                                           --------- ---------
  Net charge-offs                            (9,719)   (6,478)   50.0
 Provision for credit losses                 17,985     5,328    N.M.
                                           --------- ---------
Balance at end of period                   $ 66,809  $ 54,673    22.2
                                           ========= =========

Allowance as a percentage of:
  Period end loans and leases                   .58%      .50%
  Net charge-offs (1)                          3.4 X     4.2 X

Net Charge-offs as a Percentage of Average
 Loans and Leases (1)
------------------------------------------
 Consumer home equity                           .26%      .10%
 Total consumer                                 .28       .13
 Commercial real estate                         .03       .01
 Commercial business                            .07       .14
 Leasing and equipment finance                  .06       .32
 Residential real estate                        .02       .02
  Total                                         .17       .12

Other Credit Quality Data
-----------------------------------------
 Delinquencies (30+ days)
 Delinquencies as a percentage of loan
  and lease portfolio

 Non-accrual loans
 Real estate owned
  Total non-performing assets
 Non-performing assets as a percentage
  of:
  Net loans and leases


(1) Annualized.

----------------------------------------------------------------------

At June 30, 2007, TCF's allowance for loan and lease losses totaled $66.8 million, or .58 percent of loans and leases, an increase of $6.3 million from $60.5 million, or .53 percent, at March 31, 2007. The provision for credit losses for the second quarter of 2007 was $13.3 million, up $9.2 million from the second quarter of 2006, primarily due to higher consumer home equity net charge-offs and the resulting portfolio reserve rate increases and increased reserves for commercial loans, and equipment finance loans and leases.

At June 30, 2007, TCF's over-30-day delinquency rate was .51 percent, up from .41 percent at March 31, 2007 primarily due to one commercial real estate loan which was in the process of renewal subsequent to maturity. Total non-performing assets were $85.2 million, or .57 percent of total assets, at June 30, 2007, up from $82.3 million, or .55 percent, at March 31, 2007. The increase in non-performing assets reflected a $17.6 million increase in real estate owned and a $14.8 million decrease in non-accrual loans primarily due to a $13.8 million Minnesota commercial real estate loan which migrated from non-accrual status at March 31, 2007 to real estate owned as of June 30, 2007.

Income Taxes

TCF's income tax expense was $29 million for the second quarter of 2007, or 31.9 percent of pre-tax income, compared with $26.9 million, or 28.6 percent, for the comparable 2006 period. The second quarter 2007 income tax expense includes a $1.9 million reduction in income tax expense related to favorable developments in uncertain tax positions. The income tax expense for the second quarter of 2006 includes a $4.1 million reduction in income tax expense related to favorable developments in uncertain tax positions. Excluding these items, the effective income tax rate was 33.9 percent for the second quarter of 2007 and 33 percent for the second quarter of 2006.

Capital

----------------------------------------------------------------------
Capital Information                                            Table 9
----------------------------------------------------------------------
At period end
($ in thousands, except per-share
 data)                               2Q                4Q
                                    2007              2006
                                 -----------       -----------
Stockholders' equity             $ 1,001,032        $1,033,374
Stockholders' equity to total
 assets                                 6.68%             7.04%
Book value per common share      $      7.88        $     7.92

Risk-based capital
 Tier 1                          $   910,574  8.40% $  914,128   8.65%
 Total                             1,177,748 10.86   1,173,073  11.10
 Total "well-capitalized"
  requirement                      1,084,284 10.00   1,056,694  10.00
 Excess over "well-capitalized"
  requirement                         93,464   .86     116,379   1.10

----------------------------------------------------------------------

During the second quarter of 2007, TCF repurchased 2.4 million shares of its common stock at an average cost of $27.58 per share. TCF has a total of 5.8 million shares authorized under its stock repurchase programs.

Website Information

A live webcast of TCF's conference call to discuss second quarter earnings will be hosted at TCF's website, www.tcfbank.com, on July 24, 2007 at 10:00 a.m., CT. Additionally, the webcast is available for replay at TCF's website after the conference call. The website also includes free access to company news releases, TCF's annual report, quarterly reports, investor presentations and SEC filings.

TCF is a Wayzata, Minnesota-based national financial holding company with $15 billion in total assets. TCF has 446 banking offices in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana and Arizona. Other TCF affiliates provide leasing and equipment finance, and investments and insurance sales.

Forward-looking Information

This earnings release and other reports issued by the Company, including reports filed with the SEC, may contain "forward-looking" statements that deal with future results, plans or performance. In addition, TCF's management may make such statements orally to the media, or to securities analysts, investors or others. Forward-looking statements deal with matters that do not relate strictly to historical facts. TCF's future results may differ materially from historical performance and forward-looking statements about TCF's expected financial results or other plans are subject to a number of risks and uncertainties. These include but are not limited to possible legislative changes and adverse economic, business and competitive developments such as shrinking interest margins; deposit outflows; an inability to increase the number of deposit accounts and the possibility that deposit account losses (fraudulent checks, etc.) may increase; impact of legal, legislative or other changes affecting customer account charges and fee income; reduced demand for financial services and loan and lease products; adverse developments affecting TCF's supermarket banking relationships or any of the supermarket chains in which TCF maintains supermarket branches; changes in accounting standards or interpretations of existing standards; monetary, fiscal or tax policies of the federal or state governments, including adoption of state legislation that would increase state taxes; adoption of proposed federal legislation reducing interest subsidies and other benefits available to TCF in its education lending programs; adverse findings in tax audits or regulatory examinations; changes in credit and other risks posed by TCF's loan, lease and investment portfolios, including declines in commercial or residential real estate values or changes in allowance for loan and lease losses dictated by market conditions or regulatory requirements; imposition of vicarious liability on TCF as lessor in its leasing operations; denial of insurance coverage for claims made by TCF; technological, computer-related or operational difficulties or loss or theft of information; adverse changes in securities markets; and results of litigation, including reductions in card revenues resulting from litigation brought by various merchants or merchant organizations against Visa; or other significant uncertainties. Investors should consult TCF's Annual Report on Form 10-K, and Forms 10-Q and 8-K for additional important information about the Company.

              TCF FINANCIAL CORPORATION AND SUBSIDIARIES
                  CONSOLIDATED STATEMENTS OF INCOME
            (Dollars in thousands, except per-share data)
                             (Unaudited)


                                 Three Months Ended
                                      June 30,            Change
                                 ------------------- -----------------
                                   2007      2006        $     %
                                 --------- --------- --------- -------
Interest income:
 Loans and leases                $ 206,738 $ 188,988 $ 17,750     9.4
 Securities available for sale      26,665    25,156    1,509     6.0
 Education loans held for sale       3,365     4,205     (840)  (20.0)
 Investments                         1,557       792      765    96.6
                                 --------- --------- ---------
  Total interest income            238,325   219,141   19,184     8.8
                                 --------- --------- ---------
Interest expense:
 Deposits                           58,242    46,247   11,995    25.9
 Borrowings                         42,658    37,452    5,206    13.9
                                 --------- --------- ---------
  Total interest expense           100,900    83,699   17,201    20.6
                                 --------- --------- ---------
      Net interest income          137,425   135,442    1,983     1.5
Provision for credit losses         13,329     4,177    9,152    N.M.
                                 --------- --------- ---------
  Net interest income after
   provision for credit losses     124,096   131,265   (7,169)   (5.5)
                                 --------- --------- ---------
Non-interest income:
 Fees and service charges           71,728    71,099      629      .9
 Card revenue                       24,876    22,984    1,892     8.2
 ATM revenue                         9,314     9,762     (448)   (4.6)
 Investments and insurance
  revenue                            2,772     2,894     (122)   (4.2)
                                 --------- --------- ---------
  Subtotal                         108,690   106,739    1,951     1.8
 Leasing and equipment finance      15,199    12,552    2,647    21.1
 Other                               2,993     4,331   (1,338)  (30.9)
                                 --------- --------- ---------
  Fees and other revenue           126,882   123,622    3,260     2.6
 Gains on sales of branches and
  real estate                        2,723         -    2,723   100.0
                                 --------- --------- ---------
  Total non-interest income        129,605   123,622    5,983     4.8
                                 --------- --------- ---------
Non-interest expense:
 Compensation and employee
  benefits                          86,707    85,083    1,624     1.9
 Occupancy and equipment            29,329    27,998    1,331     4.8
 Advertising and promotions          5,586     6,755   (1,169)  (17.3)
 Other                              36,531    37,725   (1,194)   (3.2)
                                 --------- --------- ---------
  Subtotal                         158,153   157,561      592      .4
 Operating lease depreciation        4,381     3,405      976    28.7
                                 --------- --------- ---------
  Total non-interest expense       162,534   160,966    1,568     1.0
                                 --------- --------- ---------
      Income before income tax
       expense                      91,167    93,921   (2,754)   (2.9)
Income tax expense                  29,038    26,860    2,178     8.1
                                 --------- --------- ---------
      Net income                 $  62,129 $  67,061 $ (4,932)   (7.4)
                                 ========= ========= =========

Net income per common share:
 Basic                           $     .49 $     .52 $   (.03)   (5.8)
                                 ========= ========= =========
 Diluted                         $     .49 $     .52 $   (.03)   (5.8)
                                 ========= ========= =========

Dividends declared per common
 share                           $   .2425 $     .23 $  .0125     5.4
                                 ========= ========= =========

Average common and common
 equivalent shares outstanding
 (in thousands):
  Basic                            125,681   129,169   (3,488)   (2.7)
                                 ========= ========= =========
  Diluted                          125,943   129,362   (3,419)   (2.6)
                                 ========= ========= =========


N.M. Not meaningful.
              TCF FINANCIAL CORPORATION AND SUBSIDIARIES
                  CONSOLIDATED STATEMENTS OF INCOME
            (Dollars in thousands, except per-share data)
                             (Unaudited)


                                     Six Months Ended
                                         June 30,          Change
                                     ----------------- ---------------
                                       2007     2006      $       %
                                     -------- -------- -------- ------
Interest income:
 Loans and leases                    $408,343 $365,971 $42,372   11.6
 Securities available for sale         51,770   48,855   2,915    6.0
 Education loans held for sale          7,511    8,552  (1,041) (12.2)
 Investments                            4,363    1,469   2,894  197.0
                                     -------- -------- --------
  Total interest income               471,987  424,847  47,140   11.1
                                     -------- -------- --------
Interest expense:
 Deposits                             115,397   86,094  29,303   34.0
 Borrowings                            83,688   72,143  11,545   16.0
                                     -------- -------- --------
  Total interest expense              199,085  158,237  40,848   25.8
                                     -------- -------- --------
      Net interest income             272,902  266,610   6,292    2.4
Provision for credit losses            17,985    5,328  12,657    N.M.
                                     -------- -------- --------
  Net interest income after provision
   for credit losses                  254,917  261,282  (6,365)  (2.4)
                                     -------- -------- --------
Non-interest income:
 Fees and service charges             133,750  132,654   1,096     .8
 Card revenue                          48,137   44,246   3,891    8.8
 ATM revenue                           18,063   18,861    (798)  (4.2)
 Investments and insurance revenue      4,950    5,382    (432)  (8.0)
                                     -------- -------- --------
  Subtotal                            204,900  201,143   3,757    1.9
 Leasing and equipment finance         29,200   24,467   4,733   19.3
 Other                                  4,946   12,583  (7,637) (60.7)
                                     -------- -------- --------
  Fees and other revenue              239,046  238,193     853     .4
 Gains on sales of branches and real
  estate                               33,896    2,928  30,968   N.M.
                                     -------- -------- --------
  Total non-interest income           272,942  241,121  31,821   13.2
                                     -------- -------- --------
Non-interest expense:
 Compensation and employee benefits   174,800  171,251   3,549    2.1
 Occupancy and equipment               59,780   56,049   3,731    6.7
 Advertising and promotions            11,567   12,471    (904)  (7.2)
 Other                                 71,846   74,907  (3,061)  (4.1)
                                     -------- -------- --------
  Subtotal                            317,993  314,678   3,315    1.1
 Operating lease depreciation           8,741    6,568   2,173   33.1
                                     -------- -------- --------
  Total non-interest expense          326,734  321,246   5,488    1.7
                                     -------- -------- --------
      Income before income tax
       expense                        201,125  181,157  19,968   11.0
Income tax expense                     56,272   55,874     398     .7
                                     -------- -------- --------
      Net income                     $144,853 $125,283 $19,570   15.6
                                     ======== ======== ========

Net income per common share:
 Basic                               $   1.14 $    .97 $   .17   17.5
                                     ======== ======== ========
 Diluted                             $   1.14 $    .96 $   .18   18.8
                                     ======== ======== ========

Dividends declared per common share  $   .485 $    .46 $  .025    5.4
                                     ======== ======== ========

Average common and common equivalent
 shares outstanding (in thousands):
  Basic                               126,673  129,722  (3,049)  (2.4)
                                     ======== ======== ========
  Diluted                             126,927  129,902  (2,975)  (2.3)
                                     ======== ======== ========


N.M. Not meaningful.
              TCF FINANCIAL CORPORATION AND SUBSIDIARIES
            CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
            (Dollars in thousands, except per-share data)





                              At June 30,  At December  At June 30,
                                  2007       31, 2006       2006
                              ------------ ------------ ------------
                              (Unaudited)               (Unaudited)
ASSETS

Cash and due from banks       $   324,406  $   348,980  $   371,942
Investments                       110,811      170,129       76,124
Securities available for sale   1,943,450    1,816,126    1,781,995
Education loans held for sale     111,377      144,574      227,703
Loans and leases:
 Consumer home equity and
  other                         6,201,067    5,945,077    5,599,262
 Commercial real estate         2,354,805    2,390,653    2,411,028
 Commercial business              569,105      551,995      543,337
 Leasing and equipment finance  1,913,628    1,818,165    1,677,641
                              ------------ ------------ ------------
        Subtotal               11,038,605   10,705,890   10,231,268
 Residential real estate          572,619      627,790      695,214
                              ------------ ------------ ------------
        Total loans and leases 11,611,224   11,333,680   10,926,482
 Allowance for loan and lease
  losses                          (66,809)     (58,543)     (54,673)
                              ------------ ------------ ------------
        Net loans and leases   11,544,415   11,275,137   10,871,809
Premises and equipment, net       423,048      406,087      384,360
Goodwill                          152,599      152,599      152,599
Other assets                      367,598      356,102      356,029
                              ------------ ------------ ------------
                              $14,977,704  $14,669,734  $14,222,561
                              ============ ============ ============

LIABILITIES AND STOCKHOLDERS'
 EQUITY

Deposits:
 Checking                     $ 4,268,723  $ 4,348,256  $ 4,360,375
 Savings                        2,446,942    2,351,580    2,297,921
 Money market                     615,940      585,779      603,031
                              ------------ ------------ ------------
        Subtotal                7,331,605    7,285,615    7,261,327
 Certificates of deposit        2,511,090    2,483,635    2,382,273
                              ------------ ------------ ------------
        Total deposits          9,842,695    9,769,250    9,643,600
                              ------------ ------------ ------------
Short-term borrowings             285,828      214,112      561,374
Long-term borrowings            3,568,997    3,374,428    2,778,277
                              ------------ ------------ ------------
        Total borrowings        3,854,825    3,588,540    3,339,651
Accrued expenses and other
 liabilities                      279,152      278,570      261,925
                              ------------ ------------ ------------
        Total liabilities      13,976,672   13,636,360   13,245,176
                              ------------ ------------ ------------
Stockholders' equity:
 Common stock, par value $.01
  per share, 280,000,000
  shares authorized;
  131,500,734; 131,660,749 and
  184,202,447 shares issued         1,315        1,317        1,842
 Additional paid-in capital       352,674      343,744      468,110
 Retained earnings, subject to
  certain restrictions            866,104      784,011    1,601,009
 Accumulated other
  comprehensive loss              (62,631)     (34,926)     (55,515)

 Treasury stock at cost,
  4,545,780; 1,242,413 and
  52,813,430 shares, and other   (156,430)     (60,772)  (1,038,061)
                              ------------ ------------ ------------
          Total stockholders'
           equity               1,001,032    1,033,374      977,385
                              ------------ ------------ ------------
                              $14,977,704  $14,669,734  $14,222,561
                              ============ ============ ============


N.M. Not meaningful.



                                                 % Change from
                                           --------------------------
                                           December 31,    June 30,
                                               2006          2006
                                           ------------- -------------

ASSETS

Cash and due from banks                            (7.0)%      (12.8)%
Investments                                       (34.9)        45.6
Securities available for sale                       7.0          9.1
Education loans held for sale                     (23.0)       (51.1)
Loans and leases:
 Consumer home equity and other                     4.3         10.7
 Commercial real estate                            (1.5)        (2.3)
 Commercial business                                3.1          4.7
 Leasing and equipment finance                      5.3         14.1
        Subtotal                                    3.1          7.9
 Residential real estate                           (8.8)       (17.6)
        Total loans and leases                      2.4          6.3
 Allowance for loan and lease losses              (14.1)       (22.2)
        Net loans and leases                        2.4          6.2
Premises and equipment, net                         4.2         10.1
Goodwill                                              -            -
Other assets                                        3.2          3.2
                                                    2.1          5.3

LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits:
 Checking                                          (1.8)        (2.1)
 Savings                                            4.1          6.5
 Money market                                       5.1          2.1
        Subtotal                                     .6          1.0
 Certificates of deposit                            1.1          5.4
        Total deposits                               .8          2.1
Short-term borrowings                              33.5        (49.1)
Long-term borrowings                                5.8         28.5
        Total borrowings                            7.4         15.4
Accrued expenses and other liabilities               .2          6.6
        Total liabilities                           2.5          5.5
Stockholders' equity:
 Common stock, par value $.01 per share,
  280,000,000 shares authorized;
  131,500,734; 131,660,749 and 184,202,447
  shares issued                                     (.2)       (28.6)
 Additional paid-in capital                         2.6        (24.7)
 Retained earnings, subject to certain
  restrictions                                     10.5        (45.9)
 Accumulated other comprehensive loss             (79.3)       (12.8)
 Treasury stock at cost, 4,545,780;
  1,242,413 and 52,813,430 shares, and
  other                                          (157.4)        84.9
          Total stockholders' equity               (3.1)         2.4
                                                    2.1          5.3


N.M. Not meaningful.
               TCF FINANCIAL CORPORATION AND SUBSIDIARIES
                          CREDIT QUALITY DATA
                         (Dollars in thousands)
                              (Unaudited)


Allowance for loan and lease losses
-------------------------------------------------------


                             At June 30, 2007     At March 31, 2007
                           --------------------  -------------------
                                Allowance             Allowance
                                       % of                 % of
                            Balance   Portfolio  Balance   Portfolio
                           --------- ----------  -------- ----------
 Consumer home equity        $18,569        .30%  $15,345        .26%
 Consumer other                2,055       3.16     1,965       3.33
                           ---------             --------
    Total consumer           $20,624        .33   $17,310        .29
 Commercial real estate       23,410        .99    22,367        .95
 Commercial business           8,471       1.49     7,294       1.30
 Leasing and equipment
  finance                     13,784        .72    12,970        .70
 Residential real estate         520        .09       542        .09
                           ---------             --------
    Total                    $66,809        .58   $60,483        .53
                           =========             ========

                                            Allowance as % of
                                                 Portfolio
                      At June 30, 2006         Change from
                     -------------------  ----------------------
                          Allowance

                                % of      Mar. 31,     Jun. 30,
                     Balance   Portfolio    2007         2006
                     -------- ----------  --------     ---------
 Consumer home
  equity              $10,449        .19%        4 bps        11 bps
 Consumer other         2,077       3.46      (17)          (30)
                     --------
  Total consumer      $12,526        .22         4            11
 Commercial real
  estate               22,127        .92         4             7
 Commercial
  business              7,123       1.31        19            18
 Leasing and
  equipment finance    12,352        .74         2           (2)
 Residential real
  estate                  545        .08         -             1
                     --------
  Total               $54,673        .50         5             8
                     ========
Quarterly Net
 Charge-Offs            Quarter Ended               Change from
------------- --------------------------------- -------------------
               Jun.     Mar.     Dec.    Jun.     Mar.       Jun.
                30,      31,      31,     30,      31,        30,
               2007     2007     2006    2006     2007       2006
              ------- -------- -------- ------- --------   --------
 Consumer
  home
  equity       $4,501  $3,262   $3,100   $1,232  $1,239     $3,269
 Consumer
  other         1,075    (287)   1,611    1,167   1,362        (92)
              ------- -------- -------- ------- --------   --------
  Total
   consumer    $5,576  $2,975   $4,711   $2,399  $2,601     $3,177
 Commercial
  real
  estate            -     403      (28)       -    (403)         -
 Commercial
  business         43     148      168      170    (105)      (127)
 Leasing and
  equipment
  finance       1,362    (838)   1,611    1,705   2,200       (343)
 Residential
  real
  estate           22      28      166       35      (6)       (13)
              ------- -------- -------- ------- --------   --------
  Total        $7,003  $2,716   $6,628   $4,309  $4,287     $2,694
              ======= ======== ======== ======= ========   ========


Quarterly Net Charge-Offs as a
 Percentage of Average Loans and Leases
---------------------------------------

                      Quarter Ended (1)             Change from
              --------------------------------- -------------------
               Jun.     Mar.     Dec.    Jun.     Mar.       Jun.
                30,      31,      31,     30,      31,        30,
               2007     2007     2006    2006     2007       2006
              ------- -------- -------- ------- --------   --------
 Consumer
  home
  equity          .30%    .22 %    .21 %    .09%      8 bps     21 bps
 Total
  consumer        .37     .20      .32      .18      17         19
 Commercial
  real
  estate            -     .07        -        -      (7)         -
 Commercial
  business        .03     .11      .13      .14      (8)       (11)
 Leasing and
  equipment
  finance         .29    (.18)     .36      .42      47        (13)
 Residential
  real
  estate          .01     .02      .10      .02      (1)        (1)
  Total           .24     .10      .24      .16      14          8


Non-
 performing
 assets         At       At       At      At        Change from
------------                                    -------------------
               Jun.     Mar.     Dec.    Jun.     Mar.       Jun.
                30,      31,      31,     30,      31,        30,
               2007     2007     2006    2006     2007       2006
              ------- -------- -------- ------- --------   --------
 Non-accrual
  loans and
  leases:
  Consumer
   home equity
   and other  $15,901 $18,059  $16,520   $9,898 $(2,158)    $6,003
  Commercial
   real estate 11,746  25,500   12,849    7,319 (13,754)     4,427
  Commercial
   business     3,337   2,292    3,421    1,481   1,045      1,856
  Leasing and
   equipment
   finance      6,886   5,978    7,596    4,906     908      1,980
  Residential
   real
   estate       2,521   3,277    2,799    1,536    (756)       985
              ------- -------- -------- ------- --------   --------
   Total non-
    accrual
    loans and
    leases     40,391  55,106   43,185   25,140 (14,715)    15,251
 Other real
  estate
  owned:
  Residential
   real
   estate      30,111  26,241   19,899   20,393   3,870      9,718
  Commercial
   real estate 14,702     971    2,554    5,593  13,731      9,109
              ------- -------- -------- ------- --------   --------
   Total other
    real
    estate
    owned      44,813  27,212   22,453   25,986  17,601     18,827
              ------- -------- -------- ------- --------   --------
  Total non-
   performing
   assets     $85,204 $82,318  $65,638  $51,126  $2,886    $34,078
              ======= ======== ======== ======= ========   ========

 Non-
  performing
  assets as a
  percentage
  of
  Net loans
   and
   leases         .74%    .72 %    .58 %    .47%      2 bps     27 bps

N.M. Not meaningful.
(1) Annualized
              TCF FINANCIAL CORPORATION AND SUBSIDIARIES
                         CREDIT QUALITY DATA
                        (Dollars in thousands)
                             (Unaudited)



Over 30-day delinquency data - principal balances (1)
--------------------------------------------------------

                  At      At      At      At        Change from
                                                -------------------
                 Jun.    Mar.    Dec.    Jun.     Mar.       Jun.
                  30,     31,     31,     30,      31,        30,
                 2007    2007    2006    2006     2007       2006
                ------- ------- ------- ------- --------   --------
  Consumer home
   equity and
   other        $28,269 $27,653 $34,313 $19,950    $616     $8,319
  Commercial
   real
   estate (2)    10,739   3,857  18,072     108   6,882     10,631
  Commercial
   business         183   1,021     762     241    (838)       (58)
  Leasing and
   equipment
   finance       11,016   7,102   8,499   7,056   3,914      3,960
  Residential
   real
   estate         8,480   7,181  10,047   7,195   1,299      1,285
                ------- ------- ------- ------- --------   --------
   Total        $58,687 $46,814 $71,693 $34,550 $11,873    $24,137
                ======= ======= ======= ======= ========   ========



Over 30-day delinquency data - % of portfolio (1)
--------------------------------------------------------

                  At      At      At      At        Change from
                                                -------------------
                 Jun.    Mar.    Dec.    Jun.     Mar.       Jun.
                  30,     31,     31,     30,      31,        30,
                 2007    2007    2006    2006     2007       2006
                ------- ------- ------- ------- --------   --------
  Consumer home
   equity and
   other            .46%    .46%    .58%    .36%      - bps     10 bps
  Commercial
   real
   estate (2)       .46     .17     .76       -      29         46
  Commercial
   business         .03     .18     .14     .04     (15)        (1)
  Leasing and
   equipment
   finance          .58     .39     .47     .42      19         16
  Residential
   real
   estate          1.49    1.20    1.61    1.04      29         45
   Total            .51     .41     .63     .32      10         19


  Accruing
   loans and
   leases 90 or
   more past
   due (2)      $20,754 $10,131 $12,214  $7,070 $10,623    $13,684
                ======= ======= ======= ======= ========   ========




Potential
 Problem Loans
 and Leases (3)   At      At      At      At        Change from
---------------                                 -------------------
                 Jun.    Mar.    Dec.    Jun.     Mar.       Jun.
                  30,     31,     31,     30,      31,        30,
                 2007    2007    2006    2006     2007       2006
                ------- ------- ------- ------- --------   --------
  Commercial
   real
   estate       $35,956 $25,563 $43,216 $28,084 $10,393     $7,872
  Commercial
   business       8,557  16,747  11,664  15,440  (8,190)    (6,883)
  Leasing and
   equipment
   finance       12,022  12,316  11,265   7,859    (294)     4,163
                ------- ------- ------- ------- --------   --------
                $56,535 $54,626 $66,145 $51,383  $1,909     $5,152
                ======= ======= ======= ======= ========   ========



(1) Excludes non-accrual loans and leases.
(2) At June 30, 2007, the balance includes a $10 million commercial
     real estate loan which was in the process of renewal subsequent
     to maturity.
(3) Consists of loans and leases primarily classified for regulatory
     purposes as substandard and reflect the distinct possibility, but
     not probability, that they will become non-performing or that TCF
     will not be able to collect all amounts due according to the
     contractual terms of the loan or lease agreement.
              TCF FINANCIAL CORPORATION AND SUBSIDIARIES
        CONSOLIDATED AVERAGE BALANCE SHEETS, YIELDS AND RATES
                        (Dollars in thousands)
                             (Unaudited)



                                      Three Months Ended June 30,
                                 -------------------------------------
                                                2007
                                 -----------------------------------
                                   Average               Yields and
                                   Balance     Interest  Rates (1)
                                 ------------ ---------- ----------

ASSETS

  Investments                        $130,977     $1,557       4.77%
  Securities available for sale     1,967,524     26,665       5.42
  Education loans held for sale       153,566      3,365       8.79
  Loans and leases:
   Consumer home equity:
    Fixed-rate                      4,614,322     80,127       6.97
    Variable-rate                   1,421,390     31,181       8.80
   Consumer - other                    41,708      1,057      10.16
                                 ------------ ----------
      Total consumer home equity
       and other                    6,077,420    112,365       7.42
   Commercial real estate:
    Fixed- and adjustable-rate      1,750,690     28,036       6.42
    Variable-rate                     598,918     11,685       7.83
                                 ------------ ----------
      Total commercial real
       estate                       2,349,608     39,721       6.78
   Commercial business:
    Fixed- and adjustable-rate        165,780      2,675       6.47
    Variable-rate                     391,354      7,317       7.50
                                 ------------ ----------
      Total commercial business       557,134      9,992       7.19
   Leasing and equipment finance    1,879,958     36,069       7.67
                                 ------------ ----------
    Subtotal                       10,864,120    198,147       7.31
   Residential real estate            587,400      8,591       5.85
                                 ------------ ----------
    Total loans and leases         11,451,520    206,738       7.24
                                 ------------ ----------

      Total interest-earning
       assets                      13,703,587    238,325       6.97
                                 ------------ ----------

  Other assets                      1,148,033
                                 ------------

   Total assets                   $14,851,620
                                 ============

LIABILITIES AND STOCKHOLDERS' EQUITY

  Non-interest bearing deposits:
   Retail                          $1,492,429
   Small business                     586,711
   Commercial and custodial           199,226
                                 ------------
    Total non-interest bearing
     deposits                       2,278,366
  Interest-bearing deposits:
   Premier checking                 1,070,397      7,943       2.98
   Other checking                     834,405        729        .35
                                 ------------ ----------
    Subtotal                        1,904,802      8,672       1.83
   Premier savings                  1,109,341     11,672       4.22
   Other savings                    1,300,857      3,733       1.15
                                 ------------ ----------
    Subtotal                        2,410,198     15,405       2.56
   Money market                       604,217      4,355       2.89
                                 ------------ ----------
    Subtotal                        4,919,217     28,432       2.32
   Certificates of deposit          2,525,886     29,810       4.73
                                 ------------ ----------
    Total interest-bearing
     deposits                       7,445,103     58,242       3.14
                                 ------------ ----------

      Total deposits                9,723,469     58,242       2.40
                                 ------------ ----------

  Borrowings:
   Short-term borrowings              196,169      2,553       5.22
   Long-term borrowings             3,566,883     40,105       4.51
                                 ------------ ----------
      Total borrowings              3,763,052     42,658       4.55
                                 ------------ ----------

   Total deposits and borrowings   13,486,521    100,900       3.00
                                 ------------ ----------

  Other liabilities                   336,676
                                 ------------

   Total liabilities               13,823,197

  Stockholders' equity              1,028,423
                                 ------------

   Total liabilities and
      stockholders' equity        $14,851,620
                                 ============


Net interest income and margin                  $137,425       4.02%
                                              ==========




                                       Three Months Ended June 30,
                                    ----------------------------------
                                                   2006
                                    ----------------------------------
                                       Average              Yields and
                                       Balance    Interest  Rates (1)
                                    ------------ ---------- ----------

ASSETS

  Investments                            $69,176       $792      4.59%
  Securities available for sale        1,880,671     25,156      5.35
  Education loans held for sale          228,492      4,205      7.38
  Loans and leases:
   Consumer home equity:
    Fixed-rate                         3,721,249     63,061      6.80
    Variable-rate                      1,689,402     36,611      8.69
   Consumer - other                       34,854        921     10.60
                                    ------------ ----------
      Total consumer home equity and
       other                           5,445,505    100,593      7.41
   Commercial real estate:
    Fixed- and adjustable-rate         1,672,865     26,007      6.24
    Variable-rate                        725,560     13,754      7.60
                                    ------------ ----------
      Total commercial real estate     2,398,425     39,761      6.65
   Commercial business:
    Fixed- and adjustable-rate           127,702      1,969      6.18
    Variable-rate                        372,828      6,940      7.47
                                    ------------ ----------
      Total commercial business          500,530      8,909      7.14
   Leasing and equipment finance       1,624,781     29,370      7.23
                                    ------------ ----------
    Subtotal                           9,969,241    178,633      7.18
   Residential real estate               714,433     10,355      5.80
                                    ------------ ----------
    Total loans and leases            10,683,674    188,988      7.09
                                    ------------ ----------

      Total interest-earning assets   12,862,013    219,141      6.83
                                    ------------ ----------

  Other assets                         1,110,174
                                    ------------

   Total assets                      $13,972,187
                                    ============

LIABILITIES AND STOCKHOLDERS' EQUITY

  Non-interest bearing deposits:
   Retail                             $1,557,933
   Small business                        604,776
   Commercial and custodial              234,188
                                    ------------
    Total non-interest bearing
     deposits                          2,396,897
  Interest-bearing deposits:
   Premier checking                    1,000,749      7,923      3.18
   Other checking                        893,800        512       .23
                                    ------------ ----------
    Subtotal                           1,894,549      8,435      1.79
   Premier savings                       855,979      8,612      4.04
   Other savings                       1,415,767      2,970       .85
                                    ------------ ----------
    Subtotal                           2,271,746     11,582      2.04
   Money market                          610,766      3,429      2.25
                                    ------------ ----------
    Subtotal                           4,777,061     23,446      1.97
   Certificates of deposit             2,249,694     22,801      4.06
                                    ------------ ----------
    Total interest-bearing deposits    7,026,755     46,247      2.64
                                    ------------ ----------

      Total deposits                   9,423,652     46,247      1.97
                                    ------------ ----------

  Borrowings:
   Short-term borrowings                 573,418      7,140      4.99
   Long-term borrowings                2,703,623     30,312      4.50
                                    ------------ ----------
      Total borrowings                 3,277,041     37,452      4.58
                                    ------------ ----------

   Total deposits and borrowings      12,700,693     83,699      2.64
                                    ------------ ----------

  Other liabilities                      304,875
                                    ------------

   Total liabilities                  13,005,568

  Stockholders' equity                   966,619
                                    ------------

   Total liabilities and
      stockholders' equity           $13,972,187
                                    ============


Net interest income and margin                     $135,442      4.22%
                                                 ==========


(1) Annualized.
              TCF FINANCIAL CORPORATION AND SUBSIDIARIES
        CONSOLIDATED AVERAGE BALANCE SHEETS, YIELDS AND RATES
                        (Dollars in thousands)
                             (Unaudited)



                                       Six Months Ended June 30,
                                  ------------------------------------
                                                 2007
                                  ----------------------------------
                                    Average              Yields and
                                    Balance    Interest   Rates (1)
                                  ----------- ---------- -----------

ASSETS

  Investments                        $180,839     $4,363       4.86%
  Securities available for sale     1,914,723     51,770       5.41
  Education loans held for sale       177,611      7,511       8.53
  Loans and leases:
   Consumer home equity:
    Fixed-rate                      4,545,305    156,803       6.96
    Variable-rate                   1,431,933     62,589       8.81
   Consumer - other                    41,780      2,078      10.03
                                  ----------- ----------
      Total consumer home equity
       and other                    6,019,018    221,470       7.42
   Commercial real estate:
    Fixed- and adjustable-rate      1,741,713     55,272       6.40
    Variable-rate                     621,855     23,966       7.77
                                  ----------- ----------
      Total commercial real estate  2,363,568     79,238       6.76
   Commercial business:
    Fixed- and adjustable-rate        164,405      5,281       6.48
    Variable-rate                     391,234     14,564       7.51
                                  ----------- ----------
      Total commercial business       555,639     19,845       7.20
   Leasing and equipment finance    1,859,077     70,316       7.56
                                  ----------- ----------
    Subtotal                       10,797,302    390,869       7.29
   Residential real estate            601,109     17,474       5.82
                                  ----------- ----------
    Total loans and leases         11,398,411    408,343       7.21
                                  ----------- ----------

      Total interest-earning       13,671,584    471,987       6.95
       assets
                                  ----------- ----------

  Other assets                      1,149,249
                                  -----------

   Total assets                   $14,820,833
                                  ===========

LIABILITIES AND STOCKHOLDERS' EQUITY

  Non-interest bearing deposits:
   Retail                          $1,512,180
   Small business                     591,559
   Commercial and custodial           200,534
                                  -----------
    Total non-interest bearing
     deposits                       2,304,273
  Interest-bearing deposits:
   Premier checking                 1,071,940     16,149       3.04
   Other checking                     829,486      1,263        .31
                                  ----------- ----------
    Subtotal                        1,901,426     17,412       1.85
   Premier savings                  1,089,809     22,991       4.25
   Other savings                    1,307,627      7,327       1.13
                                  ----------- ----------
    Subtotal                        2,397,436     30,318       2.55
   Money market                       607,235      8,704       2.89
                                  ----------- ----------
    Subtotal                        4,906,097     56,434       2.32
   Certificates of deposit          2,519,895     58,963       4.71
                                  ----------- ----------
    Total interest-bearing
     deposits                       7,425,992    115,397       3.13
                                  ----------- ----------

      Total deposits                9,730,265    115,397       2.39
                                  ----------- ----------

  Borrowings:
   Short-term borrowings              142,347      3,725       5.28
   Long-term borrowings             3,582,869     79,963       4.50
                                  ----------- ----------
      Total borrowings              3,725,216     83,688       4.53
                                  ----------- ----------

   Total deposits and borrowings   13,455,481    199,085       2.98
                                  ----------- ----------

  Other liabilities                   333,536
                                  -----------

   Total liabilities               13,789,017

  Stockholders' equity              1,031,816
                                  -----------

   Total liabilities and
      stockholders' equity        $14,820,833
                                  ===========


Net interest income and margin                  $272,902       4.01%
                                              ==========




                                        Six Months Ended June 30,
                                    ----------------------------------
                                                   2006
                                    ----------------------------------
                                       Average              Yields and
                                       Balance    Interest  Rates (1)
                                    ------------ ---------- ----------

ASSETS

  Investments                            $69,912     $1,469      4.22%
  Securities available for sale        1,831,402     48,855      5.34
  Education loans held for sale          254,692      8,552      6.77
  Loans and leases:
   Consumer home equity:
    Fixed-rate                         3,536,733    118,583      6.76
    Variable-rate                      1,776,992     74,335      8.44
   Consumer - other                       34,843      1,714      9.92
                                    ------------ ----------
      Total consumer home equity and
       other                           5,348,568    194,632      7.34
   Commercial real estate:
    Fixed- and adjustable-rate         1,621,257     49,933      6.21
    Variable-rate                        742,935     27,222      7.39
                                    ------------ ----------
      Total commercial real estate     2,364,192     77,155      6.58
   Commercial business:
    Fixed- and adjustable-rate           121,757      3,718      6.16
    Variable-rate                        353,331     12,575      7.18
                                    ------------ ----------
      Total commercial business          475,088     16,293      6.92
   Leasing and equipment finance       1,579,161     56,656      7.18
                                    ------------ ----------
    Subtotal                           9,767,009    344,736      7.11
   Residential real estate               733,004     21,235      5.80
                                    ------------ ----------
    Total loans and leases            10,500,013    365,971      7.02
                                    ------------ ----------

      Total interest-earning assets   12,656,019    424,847      6.75
                                    ------------ ----------

  Other assets                         1,138,592
                                    ------------

   Total assets                      $13,794,611
                                    ============

LIABILITIES AND STOCKHOLDERS' EQUITY

  Non-interest bearing deposits:
   Retail                             $1,555,982
   Small business                        597,548
   Commercial and custodial              258,165
                                    ------------
    Total non-interest bearing
     deposits                          2,411,695
  Interest-bearing deposits:
   Premier checking                      969,575     14,954      3.11
   Other checking                        901,835      1,068       .24
                                    ------------ ----------
    Subtotal                           1,871,410     16,022      1.73
   Premier savings                       818,222     15,911      3.92
   Other savings                       1,428,223      6,084       .86
                                    ------------ ----------
    Subtotal                           2,246,445     21,995      1.97
   Money market                          640,022      6,975      2.20
                                    ------------ ----------
    Subtotal                           4,757,877     44,992      1.91
   Certificates of deposit             2,128,341     41,102      3.89
                                    ------------ ----------
    Total interest-bearing deposits    6,886,218     86,094      2.52
                                    ------------ ----------

      Total deposits                   9,297,913     86,094      1.87
                                    ------------ ----------

  Borrowings:
   Short-term borrowings                 623,863     14,643      4.73
   Long-term borrowings                2,593,321     57,500      4.47
                                    ------------ ----------
      Total borrowings                 3,217,184     72,143      4.52
                                    ------------ ----------

   Total deposits and borrowings      12,515,097    158,237      2.55
                                    ------------ ----------

  Other liabilities                      308,463
                                    ------------

   Total liabilities                  12,823,560

  Stockholders' equity                   971,051
                                    ------------

   Total liabilities and
      stockholders' equity           $13,794,611
                                    ============


Net interest income and margin                     $266,610      4.23%
                                                 ==========


(1) Annualized.
             TCF FINANCIAL CORPORATION AND SUBSIDIARIES
  CONSOLIDATED QUARTERLY STATEMENTS OF INCOME AND FINANCIAL RATIOS
            (Dollars in thousands, except per-share data)
                             (Unaudited)


                               At or For the Three Months Ended
                         --------------------------------------------
                         Jun. 30, Mar. 31, Dec. 31, Sep. 30, Jun. 30,
                           2007     2007     2006     2006     2006
                         -------- -------- -------- -------- --------
Interest income:
 Loans and leases        $206,738 $201,605 $204,150 $199,469 $188,988
 Securities available
  for sale                 26,665   25,105   24,699   24,481   25,156
 Education loans held
  for sale                  3,365    4,146    3,019    3,438    4,205
 Investments                1,557    2,806    1,173      862      792
                         -------- -------- -------- -------- --------
  Total interest income   238,325  233,662  233,041  228,250  219,141
                         -------- -------- -------- -------- --------
Interest expense:
 Deposits                  58,242   57,155   55,996   53,234   46,247
 Borrowings                42,658   41,030   41,158   39,983   37,452
                         -------- -------- -------- -------- --------
  Total interest expense  100,900   98,185   97,154   93,217   83,699
                         -------- -------- -------- -------- --------
      Net interest
       income             137,425  135,477  135,887  135,033  135,442
Provision for credit
 losses                    13,329    4,656   10,073    5,288    4,177
                         -------- -------- -------- -------- --------
  Net interest income
   after provision for
      credit losses       124,096  130,821  125,814  129,745  131,265
                         -------- -------- -------- -------- --------
Non-interest income:
 Fees and service
  charges                  71,728   62,022   66,735   70,777   71,099
 Card revenue              24,876   23,261   23,485   24,353   22,984
 ATM revenue                9,314    8,749    9,019    9,880    9,762
 Investments and
  insurance revenue         2,772    2,178    2,087    3,226    2,894
                         -------- -------- -------- -------- --------
  Subtotal                108,690   96,210  101,326  108,236  106,739
 Leasing and equipment
  finance                  15,199   14,001   15,165   13,372   12,552
 Other                      2,993    1,953    2,340    6,644    4,331
                         -------- -------- -------- -------- --------
  Fees and other revenue  126,882  112,164  118,831  128,252  123,622
 Gains on sales of
  branches and real
  estate                    2,723   31,173        -    1,260        -
                         -------- -------- -------- -------- --------
      Total non-interest
       income             129,605  143,337  118,831  129,512  123,622
                         -------- -------- -------- -------- --------
Non-interest expense:
 Compensation and
  employee benefits        86,707   88,093   85,811   84,795   85,083
 Occupancy and equipment   29,329   30,451   29,905   28,664   27,998
 Advertising and
  promotions                5,586    5,981    6,235    8,220    6,755
 Other                     36,531   35,315   39,611   36,931   37,725
                         -------- -------- -------- -------- --------
  Subtotal                158,153  159,840  161,562  158,610  157,561
 Operating lease
  depreciation              4,381    4,360    4,000    3,779    3,405
                         -------- -------- -------- -------- --------
  Total non-interest
   expense                162,534  164,200  165,562  162,389  160,966
                         -------- -------- -------- -------- --------
      Income before
       income tax expense  91,167  109,958   79,083   96,868   93,921
Income tax expense         29,038   27,234   25,350   30,941   26,860
                         -------- -------- -------- -------- --------
  Net income              $62,129  $82,724  $53,733  $65,927  $67,061
                         ======== ======== ======== ======== ========

Net income per common
 share:
 Basic                       $.49     $.65     $.42     $.51     $.52
                         ======== ======== ======== ======== ========
 Diluted                     $.49     $.65     $.42     $.51     $.52
                         ======== ======== ======== ======== ========

Dividends declared per
 common share              $.2425   $.2425     $.23     $.23     $.23
                         ======== ======== ======== ======== ========

Financial Ratios:
------------------------

Return on average assets
 (1)                         1.67%    2.24%    1.49%    1.86%    1.92%
Return on average common
 equity (1)                 24.16    31.81    20.68    26.44    27.75
Net interest margin (1)      4.02     4.00     4.07     4.11     4.22
Net charge-offs as a
 percentage of average
 loans and leases (1)         .24      .10      .24      .18      .16
Average total equity to
 average assets              6.92%    7.03%    7.20%    7.02%    6.92%

(1) Annualized.
              TCF FINANCIAL CORPORATION AND SUBSIDIARIES
   CONSOLIDATED QUARTERLY AVERAGE BALANCE SHEETS AND SUPPLEMENTAL
                              INFORMATION
                            (In thousands)
                             (Unaudited)



                                 Jun. 30,     Mar. 31,     Dec. 31,
                                   2007         2007         2006
                               ------------ ------------ ------------

ASSETS

Cash and due from banks           $297,231     $309,741     $316,389
Investments                        130,977      231,256      101,548
Securities available for sale    1,967,524    1,861,335    1,840,649
Education loans held for sale      153,566      201,924      145,283
Loans and leases:
   Consumer home equity:
    Fixed-rate                   4,614,322    4,475,520    4,293,070
    Variable-rate                1,421,390    1,442,593    1,502,537
   Consumer - other                 41,708       41,853       40,119
                               ------------ ------------ ------------
       Total consumer home
        equity and other         6,077,420    5,959,966    5,835,726
   Commercial real estate:
    Fixed- and adjustable-rate   1,750,690    1,732,636    1,718,735
    Variable-rate                  598,918      645,047      692,497
                               ------------ ------------ ------------
       Total commercial real
        estate                   2,349,608    2,377,683    2,411,232
   Commercial business:
    Fixed- and adjustable-rate     165,780      163,014      152,018
    Variable-rate                  391,354      391,113      384,360
                               ------------ ------------ ------------
       Total commercial
        business                   557,134      554,127      536,378
   Leasing and equipment
    finance                      1,879,958    1,837,964    1,771,231
                               ------------ ------------ ------------
    Subtotal                    10,864,120   10,729,740   10,554,567
   Residential real estate         587,400      614,970      643,087
                               ------------ ------------ ------------
    Total loans and leases      11,451,520   11,344,710   11,197,654
   Allowance for loan and lease
    losses                         (61,934)     (58,714)     (56,440)
                               ------------ ------------ ------------
    Net loans and leases        11,389,586   11,285,996   11,141,214
Premises and equipment             420,967      414,041      400,812
Goodwill                           152,599      152,599      152,599
Other assets                       339,170      344,594      347,516
                               ------------ ------------ ------------
                               $14,851,620  $14,801,486  $14,446,010
                               ============ ============ ============

LIABILITIES AND STOCKHOLDERS' EQUITY

Non-interest-bearing deposits:
   Retail                       $1,492,429   $1,532,150   $1,457,265
   Small business                  586,711      596,460      629,011
   Commercial and custodial        199,226      201,860      206,034
                               ------------ ------------ ------------
    Total non-interest bearing
     deposits                    2,278,366    2,330,470    2,292,310
Interest-bearing deposits:
   Premier checking              1,070,397    1,073,500    1,042,361
   Other checking                  834,405      824,512      813,851
                               ------------ ------------ ------------
    Subtotal                     1,904,802    1,898,012    1,856,212
   Premier savings               1,109,341    1,070,059    1,014,427
   Other savings                 1,300,857    1,314,471    1,299,319
                               ------------ ------------ ------------
    Subtotal                     2,410,198    2,384,530    2,313,746
   Money market                    604,217      610,286      593,961
                               ------------ ------------ ------------
    Subtotal                     4,919,217    4,892,828    4,763,919
   Certificates of deposit       2,525,886    2,513,838    2,470,659
                               ------------ ------------ ------------
    Total interest-bearing
     deposits                    7,445,103    7,406,666    7,234,578
                               ------------ ------------ ------------
       Total deposits            9,723,469    9,737,136    9,526,888
                               ------------ ------------ ------------
Borrowings:
   Short-term borrowings           196,169       87,928      520,883
   Long-term borrowings          3,566,883    3,599,032    3,039,011
                               ------------ ------------ ------------
    Total borrowings             3,763,052    3,686,960    3,559,894
Accrued expenses and other
 liabilities                       336,676      337,178      319,740
                               ------------ ------------ ------------
    Total liabilities           13,823,197   13,761,274   13,406,522
                               ------------ ------------ ------------
Stockholders' equity:
   Common stock                      1,315        1,316        1,534
   Additional paid-in capital      351,312      344,685      395,237
   Retained earnings               841,757      795,884    1,129,892
   Accumulated other
    comprehensive loss             (42,754)     (34,939)     (23,804)
   Treasury stock at cost and
    other                         (123,207)     (66,734)    (463,371)
                               ------------ ------------ ------------
                                 1,028,423    1,040,212    1,039,488
                               ------------ ------------ ------------
                               $14,851,620  $14,801,486  $14,446,010
                               ============ ============ ============

Supplemental Information:
-------------------------------
Securities available for sale   $1,967,524   $1,861,335   $1,840,649
Residential real estate loans      587,400      614,970      643,087
                               ------------ ------------ ------------
   Total securities available
    for sale and residential
    real estate loans           $2,554,924   $2,476,305   $2,483,736
                               ============ ============ ============



                                               Sep. 30,     Jun. 30,
                                                 2006         2006
                                            ------------- ------------

ASSETS

Cash and due from banks                         $322,484     $325,715
Investments                                       72,393       69,176
Securities available for sale                  1,829,917    1,880,671
Education loans held for sale                    190,724      228,492
Loans and leases:
 Consumer home equity:
  Fixed-rate                                   4,027,680    3,721,249
  Variable-rate                                1,585,487    1,689,402
 Consumer - other                                 36,978       34,854
                                            ------------- ------------
   Total consumer home equity and other        5,650,145    5,445,505
 Commercial real estate:
  Fixed- and adjustable-rate                   1,699,431    1,672,865
  Variable-rate                                  709,806      725,560
                                            ------------- ------------
   Total commercial real estate                2,409,237    2,398,425
 Commercial business:
  Fixed- and adjustable-rate                     142,293      127,702
  Variable-rate                                  403,070      372,828
                                            ------------- ------------
   Total commercial business                     545,363      500,530
 Leasing and equipment finance                 1,707,045    1,624,781
                                            ------------- ------------
  Subtotal                                    10,311,790    9,969,241
 Residential real estate                         676,454      714,433
                                            ------------- ------------
  Total loans and leases                      10,988,244   10,683,674
 Allowance for loan and lease losses             (55,079)     (55,085)
                                            ------------- ------------
  Net loans and leases                        10,933,165   10,628,589
Premises and equipment                           388,099      381,174
Goodwill                                         152,599      152,599
Other assets                                     321,465      305,771
                                            ------------- ------------
                                             $14,210,846  $13,972,187
                                            ============= ============

LIABILITIES AND STOCKHOLDERS' EQUITY

Non-interest-bearing deposits:
 Retail                                       $1,484,651   $1,557,933
 Small business                                  615,119      604,776
 Commercial and custodial                        209,365      234,188
                                            ------------- ------------
  Total non-interest bearing deposits          2,309,135    2,396,897
Interest-bearing deposits:
 Premier checking                              1,021,560    1,000,749
 Other checking                                  840,966      893,800
                                            ------------- ------------
  Subtotal                                     1,862,526    1,894,549
 Premier savings                                 942,760      855,979
 Other savings                                 1,350,659    1,415,767
                                            ------------- ------------
  Subtotal                                     2,293,419    2,271,746
 Money market                                    609,997      610,766
                                            ------------- ------------
  Subtotal                                     4,765,942    4,777,061
 Certificates of deposit                       2,431,364    2,249,694
                                            ------------- ------------
  Total interest-bearing deposits              7,197,306    7,026,755
                                            ------------- ------------
   Total deposits                              9,506,441    9,423,652
                                            ------------- ------------
Borrowings:
 Short-term borrowings                           619,683      573,418
 Long-term borrowings                          2,780,532    2,703,623
                                            ------------- ------------
  Total borrowings                             3,400,215    3,277,041
Accrued expenses and other liabilities           306,971      304,875
                                            ------------- ------------
  Total liabilities                           13,213,627   13,005,568
                                            ------------- ------------
Stockholders' equity:
 Common stock                                      1,842        1,842
 Additional paid-in capital                      468,271      467,768
 Retained earnings                             1,611,335    1,573,856
 Accumulated other comprehensive loss            (37,225)     (48,838)
 Treasury stock at cost and other             (1,047,004)  (1,028,009)
                                            ------------- ------------
                                                 997,219      966,619
                                            ------------- ------------
                                             $14,210,846  $13,972,187
                                            ============= ============

Supplemental Information:
--------------------------------------------
Securities available for sale                 $1,829,917   $1,880,671
Residential real estate loans                    676,454      714,433
                                            ------------- ------------
 Total securities available for sale and
  residential real estate loans               $2,506,371   $2,595,104
                                            ============= ============
              TCF FINANCIAL CORPORATION AND SUBSIDIARIES
             CONSOLIDATED QUARTERLY YIELDS AND RATES (1)
                             (Unaudited)


                         Jun. 30, Mar. 31, Dec. 31, Sep. 30, Jun. 30,
                           2007     2007     2006     2006     2006
                         -------- -------- -------- -------- --------

ASSETS

  Investments                4.77%    4.91%    4.59%    4.74%    4.59%
  Securities available
   for sale                  5.42     5.40     5.37     5.35     5.35
  Education loans held
   for sale                  8.79     8.33     8.24     7.15     7.38
  Loans and leases:
   Consumer home equity:
    Fixed-rate               6.97     6.95     6.92     6.87     6.80
    Variable-rate            8.80     8.83     8.88     8.91     8.69
   Consumer - other         10.16     9.89    10.30    10.31    10.60
      Total consumer home
       equity and other      7.42     7.42     7.45     7.46     7.41
   Commercial real
    estate:
    Fixed- and
     adjustable-rate         6.42     6.38     6.51     6.29     6.24
    Variable-rate            7.83     7.72     7.88     7.97     7.60
      Total commercial
       real estate           6.78     6.74     6.91     6.78     6.65
   Commercial business:
    Fixed- and
     adjustable-rate         6.47     6.48     6.49     6.32     6.18
    Variable-rate            7.50     7.51     7.56     7.60     7.47
      Total commercial
       business              7.19     7.21     7.25     7.27     7.14
   Leasing and equipment
    finance                  7.67     7.45     7.56     7.54     7.23
    Subtotal                 7.31     7.27     7.33     7.31     7.18
   Residential real
    estate                   5.85     5.79     5.81     5.81     5.80
    Total loans and
     leases                  7.24     7.19     7.25     7.21     7.09

      Total interest-
       earning assets        6.97     6.92     6.98     6.94     6.83


LIABILITIES

  Interest-bearing
   deposits:
   Premier checking          2.98     3.10     3.12     3.26     3.18
   Other checking             .35      .26      .23      .23      .23
    Subtotal                 1.83     1.87     1.85     1.89     1.79
   Premier savings           4.22     4.29     4.33     4.33     4.04
   Other savings             1.15     1.11     1.06      .96      .85
    Subtotal                 2.56     2.54     2.49     2.34     2.04
   Money market              2.89     2.89     2.79     2.64     2.25
    Subtotal                 2.32     2.32     2.28     2.21     1.97
   Certificates of
    deposit                  4.73     4.70     4.59     4.36     4.06
    Total interest-
     bearing deposits        3.14     3.13     3.07     2.93     2.64

      Total deposits         2.40     2.38     2.33     2.22     1.97

  Borrowings:
   Short-term borrowings     5.22     5.41     5.35     5.36     4.99
   Long-term borrowings      4.51     4.49     4.46     4.51     4.50
    Total borrowings         4.55     4.51     4.59     4.67     4.58

      Total interest-
       bearing
       liabilities           3.00     2.96     2.94     2.86     2.64


Net interest margin          4.02%    4.00%    4.07%    4.11%    4.22%

(1) Annualized.

Source: TCF Financial Corporation

Contact: TCF Financial Corporation Jason Korstange, 952-745-2755 www.tcfbank.com

The information that is on or available through this site speaks only as of the particular date or dates of that information. We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for inaccuracies or omissions in that information or for actions taken in reliance on that information. TCF Financial Corporation does not undertake an obligation, and disclaims any duty, to update any of the information on or available through this site.