HUNTINGTON BANCSHARES INC /MD/ - FORM 8-K - EX-99.2

Attached files

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8-K - 8-K - HUNTINGTON BANCSHARES INC /MD/	d657548d8k.htm
EX-99.1 - EX-99.1 - HUNTINGTON BANCSHARES INC /MD/	d657548dex991.htm

Exhibit 99.2

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Supplement

December 2013

Table of Contents


Quarterly Key Statistics			1
Annual Key Statistics			2
Key Statistics Footnotes			3
Consolidated Balance Sheets			4
Loans and Leases Composition			5
Deposits Composition			6
Consolidated Quarterly Average Balance Sheets			7
Consolidated Quarterly Net Interest Margin - Interest Income / Expense			8
Consolidated Quarterly Net Interest Margin - Yield			9
Selected Quarterly Income Statement Data			10
Quarterly Mortgage Banking Income			11
Quarterly Credit Reserves Analysis			12
Quarterly Net Charge-Off Analysis			13
Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)			14
Quarterly Accruing Past Due Loans and Leases and Accruing Troubled Debt Restructured Loans			15
Quarterly Common Stock Summary, Capital, and Other Data			16
Consolidated Annual Average Balance Sheets			17
Consolidated Annual Net Interest Margin - Interest Income / Expense			18
Consolidated Annual Net Interest Margin - Yield			19
Selected Annual Income Statement Data			20
Annual Mortgage Banking Income			21
Annual Credit Reserves Analysis			22
Annual Net Charge-Off Analysis			23
Annual Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)			24
Annual Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans			25

Notes:

The preparation of financial statement data in conformity with accounting principles generally accepted in the United States (GAAP) requires management to make estimates and assumptions that affect amounts reported. Actual results could differ from those estimates. Certain prior period amounts have been reclassified to conform to the current period’s presentation.

Non-Regulatory Capital Ratios

In addition to capital ratios defined by banking regulators, the Company considers various other measures when evaluating capital utilization and adequacy, including:

•

Tangible common equity to tangible assets,

•

Tier 1 common equity to risk-weighted assets using Basel I and Basel III definitions, and

•

Tangible common equity to risk-weighted assets using Basel I definition.

These non-regulatory capital ratios are viewed by management as useful additional methods of reflecting the level of capital available to withstand unexpected market conditions. Additionally, presentation of these ratios allows readers to compare the Company’s capitalization to other financial services companies. These ratios differ from capital ratios defined by banking regulators principally in that the numerator excludes preferred securities, the nature and extent of which varies among different financial services companies. These ratios are not defined in GAAP or federal banking regulations. As a result, these non-regulatory capital ratios disclosed by the Company may be considered non-GAAP financial measures.

Because there are no standardized definitions for these non-regulatory capital ratios, the Company’s calculation methods may differ from those used by other financial services companies. Also, there may be limits in the usefulness of these measures to investors. As a result, the Company encourages readers to consider the consolidated financial statements and other financial information contained in the related press release in their entirety, and not to rely on any single financial measure. Basel III Tier 1 common capital ratio estimates are based on management’s current interpretation, expectations, and understanding of the final U.S. Basel III rules adopted by the Federal Reserve Board and released on July 2, 2012.

Huntington Bancshares Incorporated

Quarterly Key Statistics⁽¹⁾

(Unaudited)


	2013						2012			Percent Changes vs.
(dollar amounts in thousands, except per share amounts)	Fourth			Third			Fourth			3Q13			4Q12
Net interest income	$	430,649		$	424,852		$	434,055			1	%		(1	)%
Provision for credit losses		24,331			11,400			39,458			113			(38	)
Noninterest income		246,628			250,503			297,651			(2	)		(17	)
Noninterest expense		446,009			423,336			470,628			5			(5	)

Income before income taxes		206,937			240,619			221,620			(14	)		(7	)
Provision for income taxes		49,114			62,132			54,341			(21	)		(10	)

Net income	$	157,823		$	178,487		$	167,279			(12	)%		(6	)%

Dividends on preferred shares		7,965			7,967			7,973			—			(0	)

Net income applicable to common shares	$	149,858		$	170,520		$	159,306			(12	)%		(6	)%

Net income per common share - diluted	$	0.18		$	0.20		$	0.19			(10	)%		(5	)%
Cash dividends declared per common share		0.05			0.05			0.04			—			25
Book value per common share at end of period		6.88			6.72			6.41			2			7
Tangible book value per common share at end of period		6.27			6.10			5.78			3			8
Average common shares - basic		830,590			830,398			847,220			—			(2	)
Average common shares - diluted		842,324			841,025			853,306			—			(1	)
Return on average assets		1.09	%		1.27	%		1.19	%
Return on average common shareholders’ equity		10.5			12.3			11.6
Return on average tangible common shareholders’ equity⁽²⁾		12.1			14.1			13.5
Net interest margin⁽³⁾		3.28			3.34			3.45
Efficiency ratio⁽⁴⁾		63.7			60.6			62.3
Noninterest Income/Total Revenue		36.0			36.7			40.4
Effective tax rate		23.7			25.8			24.5
Average loans and leases	$	43,138,336		$	41,994,204		$	40,396,541			3			7
Average loans and leases - linked quarter annualized growth rate		10.9	%		6.9	%		2.8	%
Average earning assets	$	53,011,850		$	51,247,215		$	50,682,461			3			5
Average total assets		57,648,191			55,914,791			56,053,542			3			3
Average core deposits⁽⁵⁾		44,747,659			43,773,153			44,309,913			2			1
Average core deposits - linked quarter annualized growth rate		8.9	%		—	%		5.0	%
Average shareholders’ equity	$	6,055,738		$	5,879,479		$	5,842,493			3			4
Total assets at end of period		59,476,344			56,648,251			56,153,185			5			6
Total shareholders’ equity at end of period		6,099,323			5,961,579			5,790,211			—			5
Net charge-offs (NCOs)		46,447			55,742			70,130			(17	)		(34	)
NCOs as a % of average loans and leases		0.43	%		0.53	%		0.69	%
Nonaccrual loans and leases (NALs)	$	322,056		$	333,106		$	407,633			(3	)		(21	)
NAL ratio		0.75	%		0.78	%		1.00	%
Nonperforming assets (NPAs)⁽⁶⁾	$	352,160		$	374,260		$	445,775			(6	)		(21	)
NPA ratio⁽⁶⁾		0.82	%		0.88	%		1.09	%		(7	)		(25	)
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period		1.50			1.57			1.89
ALLL plus allowance for unfunded loan commitments and letters of credit (ACL) as a % of total loans and leases at the end of period		1.65			1.72			1.99
ACL as a % of NALs		221			220			199
ACL as a % of NPAs		202			196			182
Tier 1 leverage ratio ⁽⁷⁾		10.67			10.85			10.36
Tier 1 common risk-based capital ratio⁽⁷⁾		10.90			10.85			10.48
Tier 1 risk-based capital ratio ⁽⁷⁾		12.28			12.36			12.02
Total risk-based capital ratio ⁽⁷⁾		14.57			14.67			14.50
Tangible common equity / tangible assets ratio⁽⁸⁾		8.83			9.02			8.76

See Notes to the Quarterly Key Statistics.

Huntington Bancshares Incorporated

Annual Key Statistics⁽¹⁾

(Unaudited)


	Year Ended December 31,						Change
(dollar amounts in thousands, except per share amounts)	2013			2012			Amount			Percent
Net interest income	$	1,704,608		$	1,710,524		$	(5,916	)		—	%
Provision for credit losses		90,045			147,388			(57,343	)		(39	)
Noninterest income		997,995			1,097,857			(99,862	)		(9	)
Noninterest expense		1,758,003			1,835,876			(77,873	)		(4	)

Income before income taxes		854,555			825,117			29,438			4
Provision for income taxes		215,814			184,095			31,719			17

Net Income	$	638,741		$	641,022		$	(2,281	)		—	%

Dividends on preferred shares		31,869			31,989			(120	)		—

Net income applicable to common shares	$	606,872		$	609,033		$	(2,161	)		—	%

Net income per common share - diluted	$	0.72		$	0.71		$	0.01			1	%
Cash dividends declared per common share		0.19			0.16			0.03			19
Average common shares - basic		834,205			857,962			(23,757	)		(3	)
Average common shares - diluted		843,974			863,402			(19,428	)		(2	)
Return on average assets		1.13	%		1.15	%
Return on average common shareholders’ equity		11.0			11.5
Return on average tangible common shareholders’ equity⁽²⁾		12.7			13.5
Net interest margin⁽³⁾		3.36			3.41
Efficiency ratio⁽⁴⁾		62.9			63.4
Noninterest Income/Total Revenue		36.6			38.8
Effective tax rate		25.3			22.3
Average loans and leases	$	41,825,842		$	40,210,186		$	1,615,657			4	%
Average earning assets		51,598,472			50,709,060			889,412			2
Average total assets		56,299,313			55,673,599			625,715			1
Average core deposits⁽⁵⁾		43,978,894			43,065,687			913,207			2
Average shareholders’ equity		5,914,914			5,671,455			243,459			4
Net charge-offs (NCOs)		188,666			342,462			(153,796	)		(45	)
NCOs as a % of average loans and leases		0.45	%		0.85	%		(0.40	)		(47	)

See Notes to the Annual and Quarterly Key Statistics.

Key Statistics Footnotes

⁽¹⁾	Comparisons for all presented periods are impacted by a number of factors. Refer to Significant Items.

⁽²⁾

Net income excluding expense for amortization of intangibles for the period divided by average tangible common shareholders’ equity. Average tangible common shareholders’ equity equals average total common shareholders’ equity less average intangible assets and goodwill. Expense for amortization of intangibles and average intangible assets are net of deferred tax liability, and calculated assuming a 35% tax rate.

⁽³⁾	On a fully-taxable equivalent (FTE) basis assuming a 35% tax rate.

⁽⁴⁾	Noninterest expense less amortization of intangibles and goodwill impairment divided by the sum of FTE net interest income and noninterest income excluding securities gains (losses).

⁽⁵⁾	Includes noninterest-bearing and interest-bearing demand deposits, money market deposits, savings and other domestic deposits, and core certificates of deposit.

⁽⁶⁾	NPAs include other real estate owned.

⁽⁷⁾	December 31, 2013, figures are estimated.

⁽⁸⁾	Tangible common equity (total common equity less goodwill and other intangible assets) divided by tangible assets (total assets less goodwill and other intangible assets). Other intangible assets are net of deferred tax liability, and calculated assuming a 35% tax rate.

Huntington Bancshares Incorporated

Consolidated Balance Sheets


	2013						2012			Percent Changes vs.
(dollar amounts in thousands, except number of shares)	December 31,			September 30,			December 31,			3Q13			4Q12
	*(Unaudited)*			*(Unaudited)*
Assets
Cash and due from banks	$	1,001,132		$	1,107,658		$	1,262,806			(10	)%		(21	)%
Interest-bearing deposits in banks		57,043			63,100			70,921			(10	)		(20	)
Trading account securities		35,573			74,167			91,205			(52	)		(61	)
Loans held for sale		326,212			345,621			764,309			(6	)		(57	)
Available-for-sale and other securities		7,308,753			6,446,681			7,566,175			13			(3	)
Held-to-maturity securities		3,836,667			2,236,121			1,743,876			72			120
Loans and leases⁽¹⁾		43,120,500			42,555,833			40,728,425			1			6
Allowance for loan and lease losses		(647,870	)		(666,030	)		(769,075	)		(3	)		(16	)

Net loans and leases		42,472,630			41,889,803			39,959,350			1			6

Bank owned life insurance		1,647,170			1,633,247			1,596,056			1			3
Premises and equipment		634,657			639,632			617,257			(1	)		3
Goodwill		444,268			444,268			444,268			—			—
Other intangible assets		93,193			103,512			132,157			(10	)		(29	)
Accrued income and other assets		1,619,046			1,664,441			1,904,805			(3	)		(15	)

Total assets	$	59,476,344		$	56,648,251		$	56,153,185			5	%		6	%

Liabilities and shareholders’ equity
Liabilities
Deposits⁽²⁾	$	47,506,718		$	46,564,046		$	46,252,683			2	%		3	%
Short-term borrowings		552,143			660,932			589,814			(16	)		(6	)
Federal Home Loan Bank advances		1,808,293			333,352			1,008,959			442			79
Other long-term debt		1,349,119			904,668			158,784			49			750
Subordinated notes		1,100,860			1,111,598			1,197,091			(1	)		(8	)
Accrued expenses and other liabilities		1,059,888			1,112,076			1,155,643			(5	)		(8	)

Total liabilities		53,377,021			50,686,672			50,362,974			5			6

Shareholder’s equity
Preferred stock - authorized 6,617,808 shares-
Series A, 8.50% fixed rate, non-cumulative perpetual convertible preferred stock, par value of $0.01, and liquidation value per share of $1,000		362,507			362,507			362,507			—			—
Series B, floating rate, non-voting, non-cumulative perpetual preferred stock, par value of $0.01, and liquidation value per share of $1,000		23,785			23,785			23,785			—			—
Common stock - Par value of $0.01		8,322			8,315			8,441			—			(1	)
Capital surplus		7,398,515			7,387,033			7,475,149			—			(1	)
Less treasury shares, at cost		(9,643	)		(10,893	)		(10,921	)		(11	)		(12	)
Accumulated other comprehensive loss		(214,009	)		(230,767	)		(150,817	)		(7	)		42
Retained earnings		(1,470,154	)		(1,578,401	)		(1,917,933	)		(7	)		(23	)

Total shareholders’ equity		6,099,323			5,961,579			5,790,211			2			5

Total liabilities and shareholders’ equity	$	59,476,344		$	56,648,251		$	56,153,185			5	%		6	%

Common shares authorized (par value of $0.01)		1,500,000,000			1,500,000,000			1,500,000,000
Common shares issued		830,963,427			831,516,546			844,105,349
Common shares outstanding		832,217,098			830,144,646			842,812,709
Treasury shares outstanding		1,253,671			1,371,900			1,292,640
Preferred shares issued		1,967,071			1,967,071			1,967,071
Preferred shares outstanding		398,007			398,007			398,007

⁽¹⁾	See page 5 for detail of loans and leases.

⁽²⁾	See page 6 for detail of deposits.

Huntington Bancshares Incorporated

Loans and Leases Composition


	2013																	2012
(dollar amounts in millions)	December 31,				September 30,				June 30,					March 31,				December 31,
	*(Unaudited)*				(Unaudited)				(Unaudited)					(Unaudited)
Ending Balances by Type:
Commercial:⁽¹⁾
Commercial and industrial	$	17,594	41	%	$	17,335	41	%	$	17,113		41	%	$	17,267	42	%	$	16,971	42	%
Commercial real estate:
Construction		557	1			544	1			607		1			574	1			648	2
Commercial		4,293	10			4,328	10			4,286		10			4,485	11			4,751	12

Commercial real estate		4,850	11			4,872	11			4,893		11			5,059	12			5,399	14

Total commercial		22,444	52			22,207	52			22,006		52			22,326	54			22,370	56

Consumer:
Automobile		6,639	15			6,317	15			5,810		14			5,036	12			4,634	11
Home equity		8,336	19			8,347	20			8,369		20			8,474	21			8,335	20
Residential mortgage		5,321	12			5,307	12			5,168		12			5,051	12			4,970	12
Other consumer		380	2			378	1			387		2			397	1			419	1

Total consumer		20,676	48			20,349	48			19,734		48			18,958	46			18,358	44

Total loans and leases	$	43,120	100	%	$	42,556	100	%	$	41,740		100	%	$	41,284	100	%	$	40,728	100	%

Ending Balances by Business Segment:
Retail and Business Banking	$	12,742	30	%	$	12,673	30	%	$	12,642		30	%	$	12,749	31	%	$	12,644	31	%
Regional and Commercial Banking		10,763	25			11,397	27			11,119		27			11,166	27			10,679	26
AFCRE		13,590	32			12,484	29			12,119		29			11,526	28			11,396	28
WGH		5,974	13			5,961	14			5,868		14			5,767	14			5,887	15
Treasury / Other		51	—			41	—			(8	)	—			76	—			122	—

Total loans and leases	$	43,120	100	%	$	42,556	100	%	$	41,740		100	%	$	41,284	100	%	$	40,728	100	%


	2013																	2012
	Fourth				Third				Second					First				Fourth
Average Balances by Business Segment:
Retail and Business Banking	$	12,726	29	%	$	12,633	30	%	$	12,688		31	%	$	12,693	31	%	$	12,677	31	%
Regional and Commercial Banking		11,153	26			11,150	27			11,058		27			10,987	27			10,390	26
AFCRE		13,238	31			12,239	29			11,683		28			11,454	28			11,221	28
WGH		5,977	14			5,923	14			5,837		14			5,711	14			6,054	15
Treasury / Other		45	—			49	—			14		—			19	—			55	—

Total loans and leases	$	43,139	100	%	$	41,994	100	%	$	41,280		100	%	$	40,864	100	%	$	40,397	100	%

⁽¹⁾	As defined by regulatory guidance, there were no commercial loans outstanding that would be considered a concentration of lending to a particular industry or group of industries.

Huntington Bancshares Incorporated

Deposits Composition


	2013																2012
(dollar amounts in millions)	December 31,				September 30,				June 30,				March 31,				December 31,
	*(Unaudited)*				(Unaudited)				(Unaudited)				(Unaudited)
Ending Balances by Type:
Demand deposits - noninterest-bearing	$	13,650	29	%	$	13,421	29	%	$	13,491	29	%	$	12,757	27	%	$	12,600	27	%
Demand deposits - interest-bearing		5,880	12			5,856	13			5,977	13			6,135	13			6,218	13
Money market deposits		17,213	36			16,212	34			15,131	33			15,165	32			14,691	32
Savings and other domestic deposits		4,871	10			4,946	11			5,054	11			5,174	11			5,002	11
Core certificates of deposit		3,723	8			4,108	9			4,353	9			5,170	11			5,516	12

Total core deposits		45,337	95			44,543	96			44,006	95			44,401	94			44,027	95
Other domestic deposits of $250,000 or more		274	1			268	1			283	1			355	1			354	1
Brokered deposits and negotiable CDs		1,580	3			1,366	3			1,695	4			1,807	4			1,594	3
Deposits in foreign offices		316	1			387	—			347	—			304	1			278	1

Total deposits	$	47,507	100	%	$	46,564	100	%	$	46,331	100	%	$	46,867	100	%	$	46,253	100	%

Total core deposits:
Commercial	$	19,982	44	%	$	19,526	44	%	$	18,922	43	%	$	18,502	42	%	$	18,358	42	%
Consumer		25,355	56			25,017	56			25,084	57			25,899	58			25,669	58

Total core deposits	$	45,337	100	%	$	44,543	100	%	$	44,006	100	%	$	44,401	100	%	$	44,027	100	%

Ending Balances by Business Segment:
Retail and Business Banking	$	28,314	60	%	$	28,200	61	%	$	28,209	61	%	$	28,719	61	%	$	28,367	61	%
Regional and Commercial Banking		6,942	15			6,191	13			5,639	12			5,627	12			5,863	13
AFCRE		1,164	2			1,084	2			1,021	2			970	2			995	2
WGH		9,657	20			9,935	22			10,069	22			10,015	22			9,508	21
Treasury / Other⁽¹⁾		1,430	3			1,154	2			1,393	3			1,536	3			1,520	3

Total deposits	$	47,507	100	%	$	46,564	100	%	$	46,331	100	%	$	46,867	100	%	$	46,253	100	%


	2013																2012
	Fourth				Third				Second				First				Fourth
Average Balances by Business Segment:
Retail and Business Banking	$	28,450	61	%	$	28,172	61	%	$	28,345	61	%	$	28,331	62	%	$	28,301	61	%
Regional and Commercial Banking		6,353	14			5,912	13			5,506	12			5,668	12			6,120	13
AFCRE		1,104	2			1,018	2			954	2			922	2			949	2
WGH		9,722	21			9,593	21			9,919	22			9,623	21			9,873	21
Treasury / Other⁽¹⁾		1,145	2			1,275	3			1,463	3			1,469	3			1,524	3

Total deposits	$	46,774	100	%	$	45,970	100	%	$	46,187	100	%	$	46,013	100	%	$	46,767	100	%

⁽¹⁾	Comprised primarily of national market deposits.

Huntington Bancshares Incorporated

Consolidated Quarterly Average Balance Sheets

(Unaudited)


	Average Balances
	2013												2012			Percent Changes vs.
(dollar amounts in millions)	Fourth			Third			Second			First			Fourth			3Q13			4Q12
Assets
Interest-bearing deposits in banks	$	71		$	54		$	84		$	72		$	73			31	%		(3	)%
Loans held for sale		322			379			678			709			840			(15	)		(62	)
Securities:
Available-for-sale and other securities:
Taxable		5,818			6,040			6,728			6,964			7,131			(4	)		(18	)
Tax-exempt		548			565			591			549			492			(3	)		11

Total available-for-sale and other securities		6,366			6,605			7,319			7,513			7,623			(4	)		(16	)
Trading account securities		76			76			84			85			97			—			(22	)
Held-to-maturity securities - taxable		3,038			2,139			1,711			1,717			1,652			42			84

Securities		9,480			8,820			9,114			9,315			9,372			7			1

Loans and leases:⁽¹⁾
Commercial:
Commercial and industrial		17,671			17,032			17,033			16,954			16,507			4			7
Commercial real estate:
Construction		573			565			586			598			576			1			(1	)
Commercial		4,331			4,345			4,429			4,694			4,897			—			(12	)

Commercial real estate		4,904			4,910			5,015			5,292			5,473			—			(10	)

Total commercial		22,575			21,942			22,048			22,246			21,980			3			3

Consumer:
Automobile		6,502			6,075			5,283			4,833			4,486			7			45
Home equity		8,346			8,341			8,263			8,395			8,345			—			—
Residential mortgage		5,331			5,256			5,225			4,978			5,155			1			3
Other consumer		385			380			461			412			431			1			(11	)

Total consumer		20,564			20,052			19,232			18,618			18,417			3			12

Total loans and leases		43,139			41,994			41,280			40,864			40,397			3			7
Allowance for loan and lease losses		(668	)		(717	)		(746	)		(772	)		(783	)		(7	)		(15	)

Net loans and leases		42,471			41,277			40,534			40,092			39,614			3			7

Total earning assets		53,012			51,247			51,156			50,960			50,682			3			5

Cash and due from banks		846			944			940			904			1,459			(10	)		(42	)
Intangible assets		542			552			563			571			581			(2	)		(7	)
All other assets		3,917			3,889			3,976			4,065			4,115			1			(5	)

Total assets	$	57,649		$	55,915		$	55,889		$	55,728		$	56,054			3	%		3	%

Liabilities and shareholders’ equity
Deposits:
Demand deposits - noninterest-bearing	$	13,337		$	13,088		$	12,879		$	12,165		$	13,121			2	%		2	%
Demand deposits - interest-bearing		5,755			5,763			5,927			5,977			5,843			—			(2	)

Total demand deposits		19,092			18,851			18,806			18,142			18,964			1			1
Money market deposits		16,827			15,739			15,069			15,045			14,749			7			14
Savings and other domestic deposits		4,912			5,007			5,115			5,083			4,960			(2	)		(1	)
Core certificates of deposit		3,916			4,176			4,778			5,346			5,637			(6	)		(31	)

Total core deposits		44,747			43,773			43,768			43,616			44,310			2			1
Other domestic deposits of $250,000 or more		275			268			324			360			359			3			(23	)
Brokered deposits and negotiable CDs		1,398			1,553			1,779			1,697			1,756			(10	)		(20	)
Deposits in foreign offices		354			376			316			340			342			(6	)		4

Total deposits		46,774			45,970			46,187			46,013			46,767			2			—
Short-term borrowings		629			710			701			762			1,012			(11	)		(38	)
Federal Home Loan Bank advances		851			549			757			686			42			55			1,926
Subordinated notes and other long-term debt		2,244			1,753			1,292			1,348			1,374			28			63

Total interest-bearing liabilities		37,161			35,894			36,058			36,644			36,074			4			3

All other liabilities		1,095			1,054			1,064			1,085			1,017			4			8
Shareholders’ equity		6,056			5,879			5,888			5,834			5,842			3			4

Total liabilities and shareholders’ equity	$	57,649		$	55,915		$	55,889		$	55,728		$	56,054			3	%		3	%

⁽¹⁾	Includes nonaccrual loans.

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Interest Income / Expense (1)

(Unaudited)


	Interest Income / Expense
	2013								2012
(dollar amounts in thousands)	Fourth		Third		Second		First		Fourth
Assets
Interest-bearing deposits in banks	$	7	$	9	$	57	$	29	$	51
Loans held for sale		3,586		3,699		5,739		5,702		6,675
Securities:
Available-for-sale and other securities:
Taxable		34,554		35,280		38,538		40,185		41,335
Tax-exempt		8,696		5,700		5,829		5,438		4,968

Total available-for-sale and other securities		43,250		40,980		44,367		45,623		46,303
Trading account securities		79		43		126		106		245
Held-to-maturity securities - taxable		18,378		12,220		9,778		9,838		9,244

Total securities		61,708		53,243		54,272		55,567		55,792

Loans and leases:
Commercial:
Commercial and industrial		159,686		160,285		161,543		162,396		163,644
Commercial real estate:
Construction		5,916		5,650		5,829		6,045		6,075
Commercial		43,906		45,525		46,214		46,978		52,543

Commercial real estate		49,822		51,175		52,043		53,023		58,618

Total commercial		209,508		211,460		213,586		215,419		222,262

Consumer:
Automobile		60,080		58,216		52,159		51,013		50,930
Home equity		86,460		86,131		85,796		86,991		88,541
Residential mortgage		50,225		50,111		49,912		49,353		52,440
Other consumer		6,447		6,677		7,649		7,168		7,774

Total consumer		203,212		201,135		195,516		194,525		199,685

Total loans and leases		412,720		412,595		409,102		409,944		421,947

Total earning assets	$	478,020	$	469,546	$	469,169	$	471,242	$	484,465

Liabilities
Deposits:
Demand deposits - noninterest-bearing	$	—	$	—	$	—	$	—	$	—
Demand deposits - interest-bearing		630		636		617		642		734

Total demand deposits		630		636		617		642		734
Money market deposits		11,296		10,211		8,886		8,438		9,843
Savings and other domestic deposits		2,925		3,134		3,416		3,818		4,150
Core certificates of deposit		10,330		11,094		13,410		15,710		17,144

Total core deposits		25,181		25,075		26,329		28,608		31,871
Other domestic deposits of $250,000 or more		271		300		406		465		553
Brokered deposits and negotiable CDs		1,385		2,145		2,746		2,823		3,141
Deposits in foreign offices		122		136		110		140		152

Total deposits		26,959		27,656		29,591		32,036		35,717
Short-term borrowings		129		158		179		234		363
Federal Home Loan Bank advances		306		197		272		301		129
Subordinated notes and other long-term debt		11,781		10,049		7,603		8,578		8,732

Total interest bearing liabilities		39,175		38,060		37,645		41,149		44,941

Net interest income	$	438,845	$	431,486	$	431,524	$	430,093	$	439,524

⁽¹⁾	Fully-taxable equivalent (FTE) income and expense calculated assuming a 35% tax rate. See page 10 for the FTE adjustment.

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Yield

(Unaudited)


	Average Rates (2)
	2013												2012
	Fourth			Third			Second			First			Fourth
Fully-taxable equivalent basis⁽¹⁾
Assets
Interest-bearing deposits in banks		0.04	%		0.07	%		0.27	%		0.16	%		0.28	%
Loans held for sale		4.46			3.89			3.39			3.22			3.18
Securities:
Available-for-sale and other securities:
Taxable		2.38			2.34			2.29			2.31			2.32
Tax-exempt		6.34			4.04			3.94			3.96			4.03

Total available-for-sale and other securities		2.72			2.48			2.42			2.43			2.43
Trading account securities		0.42			0.23			0.60			0.50			1.01
Held-to-maturity securities - taxable		2.42			2.29			2.29			2.29			2.24

Total securities		2.60			2.41			2.38			2.39			2.38
Loans and leases:⁽²⁾⁽³⁾
Commercial:
Commercial and industrial		3.54			3.68			3.75			3.83			3.88
Commercial real estate:
Construction		4.04			3.91			3.93			4.05			4.13
Commercial		3.97			4.10			4.13			4.00			4.20

Commercial real estate		3.98			4.08			4.09			4.01			4.19

Total commercial		3.63			3.77			3.83			3.87			3.96

Consumer:
Automobile		3.67			3.80			3.96			4.28			4.52
Home equity		4.11			4.10			4.16			4.20			4.24
Residential mortgage		3.77			3.81			3.82			3.97			4.07
Other consumer		6.64			6.98			6.66			7.05			7.16

Total consumer		3.93			3.99			4.07			4.22			4.33

Total loans and leases		3.77			3.87			3.95			4.03			4.13

Total earning assets		3.58	%		3.64	%		3.68	%		3.75	%		3.80	%

Liabilities
Deposits:
Demand deposits - noninterest-bearing		—	%		—	%		—	%		—	%		—	%
Demand deposits - interest-bearing		0.04			0.04			0.04			0.04			0.05

Total demand deposits		0.01			0.01			0.01			0.01			0.02
Money market deposits		0.27			0.26			0.24			0.23			0.27
Savings and other domestic deposits		0.24			0.25			0.27			0.30			0.33
Core certificates of deposit		1.05			1.05			1.13			1.19			1.21

Total core deposits		0.32			0.32			0.34			0.37			0.41
Other domestic deposits of $250,000 or more		0.39			0.44			0.50			0.52			0.61
Brokered deposits and negotiable CDs		0.39			0.55			0.62			0.67			0.71
Deposits in foreign offices		0.14			0.14			0.14			0.17			0.18

Total deposits		0.32			0.33			0.36			0.38			0.42
Short-term borrowings		0.08			0.09			0.10			0.12			0.14
Federal Home Loan Bank advances		0.14			0.14			0.14			0.18			1.20
Subordinated notes and other long-term debt		2.10			2.29			2.35			2.54			2.55

Total interest-bearing liabilities		0.42			0.42			0.42			0.45			0.50

Net interest rate spread		3.15			3.20			3.26			3.30			3.30
Impact of noninterest-bearing funds on margin		0.13			0.14			0.12			0.12			0.15

Net interest margin		3.28	%		3.34	%		3.38	%		3.42	%		3.45	%


Commercial Loan Derivative Impact
(Unaudited)

	Average Rates (2)
	2013												2012
	Fourth			Third			Second			First			Fourth
Fully-taxable equivalent basis⁽¹⁾
Commercial loans⁽²⁾⁽³⁾		3.47	%		3.58	%		3.57	%		3.58	%		3.72	%
Impact of commercial loan derivatives		0.17			0.19			0.26			0.29			0.24

Total commercial - as reported		3.63	%		3.77	%		3.83	%		3.87	%		3.96	%

Average 30 day LIBOR		0.17	%		0.19	%		0.20	%		0.20	%		0.21	%

⁽¹⁾	Fully-taxable equivalent (FTE) yields are calculated assuming a 35% tax rate. See page 10 for the FTE adjustment.

⁽²⁾	Loan, lease, and deposit average rates include impact of applicable derivatives, non-deferrable fees, and amortized fees.

⁽³⁾	Includes the impact of nonaccrual loans.

Huntington Bancshares Incorporated

Selected Quarterly Income Statement Data(1)

(Unaudited)


	2013										2012
(dollar amounts in thousands, except per share amounts)	Fourth		Third		Second			First			Fourth
Interest income	$	469,824	$	462,912	$	462,582		$	465,319		$	478,995
Interest expense		39,175		38,060		37,645			41,149			44,940

Net interest income		430,649		424,852		424,937			424,170			434,055
Provision for credit losses		24,331		11,400		24,722			29,592			39,458

Net interest income after provision for credit losses		406,318		413,452		400,215			394,578			394,597

Service charges on deposit accounts		69,992		72,918		68,009			60,883			68,083
Mortgage banking income		24,327		23,621		33,659			45,248			61,711
Trust services		30,711		30,470		30,666			31,160			31,388
Electronic banking		24,251		24,282		23,345			20,713			21,011
Insurance income		15,556		17,269		17,187			19,252			17,268
Brokerage income		15,116		16,532		19,546			17,995			17,415
Bank owned life insurance income		13,816		13,740		15,421			13,442			13,767
Capital markets fees		12,332		12,825		12,229			7,834			12,694
Gain on sale of loans		7,144		5,063		3,348			2,616			20,690
Securities gains (losses)		1,239		98		(410	)		(509	)		863
Other income		32,144		33,685		25,655			33,575			32,761

Total noninterest income		246,628		250,503		248,655			252,209			297,651

Personnel costs		249,554		229,326		263,862			258,895			253,952
Outside data processing and other services		51,071		49,313		49,898			49,265			48,699
Net occupancy		31,983		35,591		27,656			30,114			29,008
Equipment		28,775		28,191		24,947			24,880			26,580
Marketing		13,704		12,271		14,239			10,971			16,456
Deposit and other insurance expense		10,056		11,155		13,460			15,490			16,327
Amortization of intangibles		10,320		10,362		10,362			10,320			11,647
Professional services		11,567		12,487		9,341			7,192			22,514
Other expense		38,979		34,640		32,100			35,666			45,445

Total noninterest expense		446,009		423,336		445,865			442,793			470,628

Income before income taxes		206,937		240,619		203,005			203,994			221,620
Provision for income taxes		49,114		62,132		52,354			52,214			54,341

Net income	$	157,823	$	178,487	$	150,651		$	151,780		$	167,279

Dividends on preferred shares		7,965		7,967		7,967			7,970			7,973

Net income applicable to common shares	$	149,858	$	170,520	$	142,684		$	143,810		$	159,306

Average common shares - basic		830,590		830,398		834,730			841,103			847,220
Average common shares - diluted		842,324		841,025		843,840			848,708			853,306
Per common share
Net income - basic	$	0.18	$	0.21	$	0.17		$	0.17		$	0.19
Net income - diluted		0.18		0.20		0.17			0.17			0.19
Cash dividends declared		0.05		0.05		0.05			0.04			0.04
Revenue - fully-taxable equivalent (FTE)
Net interest income	$	430,649	$	424,852	$	424,937		$	424,170		$	434,055
FTE adjustment		8,196		6,634		6,587			5,923			5,470

Net interest income⁽²⁾		438,845		431,486		431,524			430,093			439,525
Noninterest income		246,628		250,503		248,655			252,209			297,651

Total revenue⁽²⁾	$	685,473	$	681,989	$	680,179		$	682,302		$	737,176

(1)	Comparisons for presented periods are impacted by a number of factors. Refer to Significant Items.

(2)	On a fully-taxable equivalent (FTE) basis assuming a 35% tax rate.

Huntington Bancshares Incorporated

Quarterly Mortgage Banking Income

(Unaudited)


	2013												2012			Percent Changes vs.
(dollar amounts in thousands, except as noted)	Fourth			Third			Second			First			Fourth			3Q13			4Q12
Mortgage banking income
Origination and secondary marketing	$	14,201		$	15,568		$	27,917		$	27,330		$	44,497			(9	)%		(68	)%
Servicing fees		10,809			10,868			10,898			11,241			11,491			(1	)		(6	)
Amortization of capitalized servicing		(6,062	)		(6,783	)		(7,998	)		(7,903	)		(9,116	)		(11	)		(34	)
Other mortgage banking income		3,397			3,685			4,470			4,654			4,828			(8	)		(30	)

Subtotal		22,345			23,338			35,287			35,322			51,700			(4	)		(57	)
MSR valuation adjustment⁽¹⁾		3,458			173			14,127			17,798			11,747			1,899			(71	)
Net trading gains (losses) related to MSR hedging		(1,476	)		110			(15,755	)		(7,872	)		(1,736	)		(1,442	)		(15	)

Total mortgage banking income	$	24,327		$	23,621		$	33,659		$	45,248		$	61,711			3	%		(61	)%

Mortgage originations (in millions)	$	841		$	1,176		$	1,282		$	1,119		$	1,161			(28	)%		(28	)%
Average trading account securities used to hedge MSRs (in millions)		—			—			—			—			1			—			(100	)
Capitalized mortgage servicing rights⁽²⁾		162,301			158,776			155,522			139,927			120,747			2			34
Total mortgages serviced for others (in millions)⁽²⁾		15,239			15,231			15,213			15,367			15,623			—			(2	)
MSR % of investor servicing portfolio⁽²⁾		1.07	%		1.04	%		1.02	%		0.91	%		0.77	%		3			39

Net impact of MSR hedging
MSR valuation adjustment⁽¹⁾	$	3,458		$	173		$	14,127		$	17,798		$	11,747			1,899	%		(71	)%
Net trading gains (losses) related to MSR hedging		(1,476	)		110			(15,755	)		(7,872	)		(1,736	)		(1,442	)		(15	)
Net interest income (loss) related to MSR hedging		—			—			—			—			—			—			—

Net gain (loss) of MSR hedging	$	1,982		$	283		$	(1,628	)	$	9,926		$	10,011			600	%		(80	)%

⁽¹⁾	The change in fair value for the period represents the MSR valuation adjustment, net of amortization of capitalized servicing.

⁽²⁾	At period end.

Huntington Bancshares Incorporated

Quarterly Credit Reserves Analysis

(Unaudited)


	2013												2012
(dollar amounts in thousands)	Fourth			Third			Second			First			Fourth
Allowance for loan and lease losses, beginning of period	$	666,030		$	733,076		$	746,769		$	769,075		$	789,142
Loan and lease losses		(73,684	)		(85,252	)		(63,238	)		(84,142	)		(106,962	)
Recoveries of loans previously charged off		27,237			29,510			28,448			32,455			36,832

Net loan and lease losses		(46,447	)		(55,742	)		(34,790	)		(51,687	)		(70,130	)

Provision for loan and lease losses		28,289			(11,234	)		21,354			29,388			52,370
Allowance of assets sold or transferred to loans held for sale		(2	)		(70	)		(257	)		(7	)		(2,307	)

Allowance for loan and lease losses, end of period	$	647,870		$	666,030		$	733,076		$	746,769		$	769,075

Allowance for unfunded loan commitments and letters of credit, beginning of period	$	66,857		$	44,223		$	40,855		$	40,651		$	53,563
Provision for (reduction in) unfunded loan commitments and letters of credit losses		(3,958	)		22,634			3,368			204			(12,912	)

Allowance for unfunded loan commitments and letters of credit, end of period	$	62,899		$	66,857		$	44,223		$	40,855		$	40,651

Total allowance for credit losses, end of period	$	710,769		$	732,887		$	777,299		$	787,624		$	809,726

Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases		1.50	%		1.57	%		1.76	%		1.81	%		1.89	%
Nonaccrual loans and leases (NALs)		201			200			202			196			189
Nonperforming assets (NPAs)		184			178			185			180			173
Total allowance for credit losses (ACL) as % of:
Total loans and leases		1.65	%		1.72	%		1.86	%		1.91	%		1.99	%
Nonaccrual loans and leases		221			220			214			207			199
Nonperforming assets		202			196			196			190			182

Huntington Bancshares Incorporated

Quarterly Net Charge-Off Analysis

(Unaudited)


	2013												2012
(dollar amounts in thousands)	Fourth			Third			Second			First			Fourth
Net charge-offs by loan and lease type:
Commercial:
Commercial and industrial	$	9,826		$	1,661		$	1,586		$	3,317		$	7,052
Commercial real estate:
Construction		(88	)		6,165			1,079			(798	)		11,038
Commercial		(2,783	)		6,398			1,305			13,575			10,333

Commercial real estate		(2,871	)		12,563			2,384			12,777			21,371

Total commercial		6,955			14,224			3,970			16,094			28,423

Consumer:
Automobile		3,759			2,721			1,463			2,594			1,896
Home equity		20,451			27,175			14,654			19,983			25,013
Residential mortgage		7,605			4,789			8,620			6,148			9,687
Other consumer		7,677			6,833			6,083			6,868			5,111

Total consumer		39,492			41,518			30,820			35,593			41,707

Total net charge-offs	$	46,447		$	55,742		$	34,790		$	51,687		$	70,130

Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial		0.22	%		0.04	%		0.04	%		0.08	%		0.17	%
Commercial real estate:
Construction		(0.06	)		4.36			0.74			(0.53	)		7.67
Commercial		(0.26	)		0.59			0.12			1.16			0.84

Commercial real estate		(0.23	)		1.02			0.19			0.97			1.56

Total commercial		0.12			0.26			0.07			0.29			0.52

Consumer:
Automobile		0.23			0.18			0.11			0.21			0.17
Home equity		0.98			1.30			0.71			0.95			1.20
Residential mortgage		0.57			0.36			0.66			0.49			0.75
Other consumer		7.98			7.19			5.28			6.67			4.74

Total consumer		0.77			0.83			0.64			0.76			0.91

Net charge-offs as a % of average loans		0.43	%		0.53	%		0.34	%		0.51	%		0.69	%

Huntington Bancshares Incorporated

Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)

(Unaudited)


	2013												2012
(dollar amounts in thousands)	December 31,			September 30,			June 30,			March 31,			December 31,
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	56,615		$	68,034		$	80,037		$	80,928		$	90,705
Commercial real estate		73,417			80,295			93,643			110,803			127,128
Automobile		6,303			5,972			7,743			6,770			7,823
Residential mortgage		119,532			116,260			122,040			118,405			122,452
Home equity		66,189			62,545			60,083			63,405			59,525

Total nonaccrual loans and leases		322,056			333,106			363,546			380,311			407,633
Other real estate, net:
Residential		23,447			16,610			17,353			19,538			21,378
Commercial		4,217			12,544			3,713			5,601			6,719

Total other real estate, net		27,664			29,154			21,066			25,139			28,097
Other NPAs ⁽¹⁾		2,440			12,000			12,087			10,045			10,045

Total nonperforming assets⁽⁴⁾	$	352,160		$	374,260		$	396,699		$	415,495		$	445,775

Nonaccrual loans and leases as a % of total loans and leases		0.75	%		0.78	%		0.87	%		0.92	%		1.00	%
NPA ratio⁽²⁾		0.82			0.88			0.95			1.01			1.09
(NPA+90days)/(Loan+OREO)⁽³⁾		1.20			1.29			1.38			1.48			1.59

	2013												2012
	Fourth			Third			Second			First			Fourth
Nonperforming assets, beginning of period	$	374,260		$	396,699		$	415,495		$	445,775		$	509,728
New nonperforming assets⁽⁴⁾		109,454			139,767			101,840			115,061			175,083
Returns to accruing status		(12,367	)		(31,293	)		(18,915	)		(19,537	)		(23,553	)
Loan and lease losses		(55,750	)		(65,823	)		(40,546	)		(51,019	)		(82,759	)
OREO (losses) gains		535			1,053			1,874			840			283
Payments		(51,323	)		(61,116	)		(54,242	)		(64,045	)		(81,940	)
Sales		(12,649	)		(5,027	)		(8,807	)		(11,580	)		(51,067	)

Nonperforming assets, end of period	$	352,160		$	374,260		$	396,699		$	415,495		$	445,775

⁽¹⁾	Other nonperforming assets includes certain impaired investment securities.

⁽²⁾	Nonperforming assets divided by the sum of loans and leases, net other real estate owned, and other NPAs.

⁽³⁾	The sum of nonperforming assets and total accruing loans and leases past due 90 days or more divided by the sum of loans and leases and other real estate.

⁽⁴⁾	Includes $75.5 at December 31, 2013; $57.9 at September 30, 2013; $59.6 million at June 30, 2013; $59.9 million at March 31, 2013; $60.1 million at December 31, 2012;; related to Chapter 7 bankruptcy loans.

Huntington Bancshares Incorporated

Quarterly Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans

(Unaudited)


	2013												2012
(dollar amounts in thousands)	December 31,			September 30,			June 30,			March 31,			December 31,
Accruing loans and leases past due 90 days or more:
Commercial and industrial	$	14,562		$	19,217		$	24,851		$	26,547		$	26,648
Commercial real estate		39,142			44,026			45,051			56,007			56,660
Automobile		5,055			3,599			3,392			3,531			4,418
Residential mortgage (excluding loans guaranteed by the U.S. Government)		2,469			13,978			5,217			6,187			2,718
Home equity		13,983			13,044			14,245			15,044			18,200
Other consumer		998			1,102			1,367			1,107			1,672

Total, excl. loans guaranteed by the U.S. Government		76,209			94,966			94,123			108,423			110,316
Add: loans guaranteed by U.S. Government		87,985			81,770			87,135			88,596			90,816

Total accruing loans and leases past due 90 days or more, including loans guaranteed by the U.S. Government	$	164,194		$	176,736		$	181,258		$	197,019		$	201,132

Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases		0.18	%		0.22	%		0.23	%		0.26	%		0.27	%
Guaranteed by U.S. Government, as a percent of total loans and leases		0.20			0.20			0.21			0.21			0.22
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases		0.38			0.42			0.43			0.48			0.49
Accruing troubled debt restructured loans:
Commercial and industrial	$	83,857		$	85,687		$	94,583		$	90,642		$	76,586
Commercial real estate		204,668			204,597			184,372			192,167			208,901
Automobile		30,781			30,981			32,768			34,379			35,784
Home equity (1)		188,266			153,591			135,759			162,087			110,581
Residential mortgage		305,059			300,809			293,933			288,041			290,011
Other consumer		1,041			959			3,383			2,514			2,544

Total accruing troubled debt restructured loans	$	813,672		$	776,624		$	744,798		$	769,830		$	724,407

Nonaccruing troubled debt restructured loans:
Commercial and industrial	$	7,291		$	8,643		$	14,541		$	14,970		$	19,268
Commercial real estate		23,981			22,695			26,118			26,588			32,548
Automobile		6,303			5,972			7,743			6,770			7,823
Home equity		20,715			11,434			10,227			11,235			6,951
Residential mortgage		82,879			77,525			80,563			84,317			84,515
Other consumer		—			—			—			—			113

Total nonaccruing troubled debt restructured loans	$	141,169		$	126,269		$	139,192		$	143,880		$	151,218

(1)	The 2013 second quarter includes a $43.1 million reduction of home equity TDRs incorrectly reflected as new TDRs in the 2013 first quarter.

Huntington Bancshares Incorporated

Quarterly Common Stock Summary, Capital, and Other Data

(Unaudited)

Quarterly common stock summary


	2013												2012
(dollar amounts in thousands, except per share amounts)	Fourth			Third			Second			First			Fourth
Common stock price, per share
High⁽¹⁾	$	9.730		$	8.780		$	7.960		$	7.550		$	7.200
Low⁽¹⁾		8.040			7.900			6.820			6.480			5.900
Close		9.650			8.260			7.870			7.370			6.390
Average closing price		8.982			8.445			7.457			7.073			6.416
Dividends, per share
Cash dividends declared per common share	$	0.05		$	0.05		$	0.05		$	0.04		$	0.04
Common shares outstanding
Average - basic		830,590			830,398			834,730			841,103			847,220
Average - diluted		842,324			841,025			843,840			848,708			853,306
Ending		830,963			830,145			829,675			838,758			842,813
Book value per common share	$	6.88		$	6.72		$	6.51		$	6.53		$	6.41
Tangible book value per common share⁽²⁾		6.27			6.10			5.88			5.91			5.78
Common share repurchases
Number of shares repurchased		—			1,974			9,996			4,738			13,160

	2013												2012
(dollar amounts in millions)	December 31,			September 30,			June 30,			March 31,			December 31,
Calculation of tangible equity / asset ratio:
Total shareholders’ equity	$	6,099		$	5,962		$	5,784		$	5,867		$	5,790
Less: goodwill		(444	)		(444	)		(444	)		(444	)		(444	)
Less: other intangible assets		(93	)		(104	)		(114	)		(124	)		(132	)
Add: related deferred tax liability⁽²⁾		33			36			40			43			46

Total tangible equity		5,595			5,450			5,266			5,342			5,260
Less: preferred equity		(386	)		(386	)		(386	)		(386	)		(386	)

Total tangible common equity	$	5,209		$	5,064		$	4,880		$	4,956		$	4,874

Total assets	$	59,476		$	56,648		$	56,114		$	56,055		$	56,153
Less: goodwill		(444	)		(444	)		(444	)		(444	)		(444	)
Less: other intangible assets		(93	)		(104	)		(114	)		(124	)		(132	)
Add: related deferred tax liability⁽²⁾		33			36			40			43			46

Total tangible assets	$	58,972		$	56,136		$	55,596		$	55,530		$	55,623

Tangible equity / tangible asset ratio		9.49	%		9.71	%		9.47	%		9.62	%		9.46	%
Tangible common equity / tangible asset ratio		8.83			9.02			8.78			8.92			8.76
Tier 1 common risk-based capital ratio:⁽⁴⁾
Tier 1 capital	$	6,100		$	6,018		$	5,885		$	5,829		$	5,741
Shareholders’ preferred equity		(386	)		(386	)		(386	)		(386	)		(386	)
Trust preferred securities		(299	)		(299	)		(299	)		(299	)		(299	)
REIT preferred stock		—			(50	)		(50	)		(50	)		(50	)

Tier 1 common	$	5,415		$	5,283		$	5,150		$	5,094		$	5,006

Total risk-weighted assets⁽⁴⁾	$	49,690		$	48,687		$	48,080		$	47,937		$	47,773
Tier 1 common risk-based capital ratio⁽⁴⁾		10.90	%		10.85	%		10.71	%		10.62	%		10.48	%
Other capital data:
Tier 1 leverage ratio⁽⁴⁾		10.67			10.85			10.64			10.57			10.36
Tier 1 risk-based capital ratio⁽⁴⁾		12.28			12.36			12.24			12.16			12.02
Total risk-based capital ratio⁽⁴⁾		14.57			14.67			14.57			14.55			14.50
Tangible common equity / risk-weighted assets ratio⁽⁴⁾		10.48			10.40			10.15			10.34			10.20
Other data:
Number of employees (Average full-time equivalent)		11,765			12,080			12,063			11,949			11,789
Number of domestic full-service branches⁽³⁾		711			731			727			717			705

⁽¹⁾	High and low stock prices are intra-day quotes obtained from NASDAQ.

⁽²⁾	Other intangible assets are net of deferred tax liability, and calculated assuming a 35% tax rate.

⁽³⁾	Includes WGH offices.

⁽⁴⁾	December 31, 2013, figures are estimated and are presented on a basel 1 basis.

Huntington Bancshares Incorporated

Consolidated Annual Average Balance Sheets

(Unaudited)


	Annual Average Balances
				Change from 2012									Change from 2011
(dollar amounts in millions)	2013			Amount			%			2012			Amount			%			2011
Assets
Interest bearing deposits in banks	$	70		$	(25	)		(26	)%	$	95		$	(38	)		(29	)%	$	133
Federal funds sold and securities purchased under resale agreements		—			—			N.R.			—			(5	)		N.R.			5
Loans held for sale		521			(566	)		(52	)		1,087			799			277			288
Securities:
Available-for-sale and other securities:
Taxable		6,383			(1,515	)		(19	)		7,898			(473	)		(6	)		8,371
Tax-exempt		563			136			32			427			(1	)		—			428

Total available-for-sale and other securities		6,946			(1,379	)		(17	)		8,325			(474	)		(5	)		8,799
Trading account securities		80			13			19			67			(40	)		(37	)		107
Held-to-maturity securities - taxable		2,155			1,230			133			925			550			147			375

Total Securities		9,181			(136	)		(1	)		9,317			36			—			9,281

Loans and leases:⁽¹⁾
Commercial:
Commercial and industrial		17,174			1,230			8			15,944			2,347			17			13,597
Commercial real estate:
Construction		580			(2	)		—			582			(10	)		(2	)		592
Commercial		4,449			(749	)		(14	)		5,198			(415	)		(7	)		5,613

Commercial real estate		5,029			(751	)		(13	)		5,780			(425	)		(7	)		6,205

Total commercial		22,203			479			2			21,724			1,922			10			19,802

Consumer:
Automobile		5,679			1,153			25			4,526			(1,351	)		(23	)		5,877
Home equity		8,310			(5	)		—			8,315			375			5			7,940
Residential mortgage		5,198			8			—			5,190			473			10			4,717
Other consumer		436			(19	)		(4	)		455			(76	)		(14	)		531

Total consumer		19,623			1,137			6			18,486			(579	)		(3	)		19,065

Total loans and leases		41,826			1,616			4			40,210			1,343			3			38,867
Allowance for loan and lease losses		(725	)		151			(17	)		(876	)		233			(21	)		(1,109	)

Net loans and leases		41,101			1,767			4			39,334			1,576			4			37,758

Total earning assets		51,598			889			2			50,709			2,135			4			48,574

Cash and due from banks		908			(182	)		(17	)		1,090			(346	)		(24	)		1,436
Intangible assets		557			(43	)		(7	)		600			(45	)		(7	)		645
All other assets		3,961			(190	)		(5	)		4,151			(53	)		(1	)		4,204

Total assets	$	56,299		$	625			1	%	$	55,674		$	1,924			4	%	$	53,750

Liabilities and shareholders’ equity
Deposits:
Demand deposits - noninterest-bearing	$	12,871		$	671			6	%	$	12,200		$	3,547			41	%	$	8,653

Demand deposits - interest-bearing		5,855			44			1			5,811			294			5			5,517
Total demand deposits		18,726			715			4			18,011			3,841			27			14,170
Money market deposits		15,675			1,774			13			13,901			579			4			13,322
Savings and other domestic deposits		5,029			96			2			4,933			198			4			4,735
Core certificates of deposit		4,549			(1,672	)		(27	)		6,221			(1,481	)		(19	)		7,702

Total core deposits		43,979			913			2			43,066			3,137			8			39,929
Other domestic deposits of $250,000 or more		306			(20	)		(6	)		326			(139	)		(30	)		465
Brokered deposits and negotiable CDs		1,606			16			1			1,590			168			12			1,422
Deposits in foreign offices		346			(26	)		(7	)		372			(17	)		(4	)		389

Total deposits		46,237			883			2			45,354			3,149			7			42,205
Short-term borrowings		700			(610	)		(47	)		1,310			(745	)		(36	)		2,055
Federal Home Loan Bank advances		711			413			139			298			187			168			111
Subordinated notes and other long-term debt		1,662			(314	)		(16	)		1,976			(1,189	)		(38	)		3,165

Total interest-bearing liabilities		36,439			(299	)		(1	)		36,738			(2,145	)		(6	)		38,883

All other liabilities		1,074			9			1			1,065			89			9			976
Shareholders’ equity		5,915			244			4			5,671			433			8			5,238

Total liabilities and shareholders’ equity	$	56,299		$	625			1	%	$	55,674		$	1,924			4	%	$	53,750

N.R. – Not relevant, as numerator of calculation is zero in the current period.

⁽¹⁾	Includes nonaccrual loans.

Huntington Bancshares Incorporated

Consolidated Annual Net Interest Margin - Interest Income / Expense (1)

(Unaudited)


	Interest Income / Expense
(dollar amounts in thousands)	2013		2012		2011
Assets
Interest bearing deposits in banks	$	102	$	202	$	143
Trading account securities
Federal funds sold and securities purchased under resale agreements		—		—		5
Loans held for sale		18,905		36,769		12,298
Securities:
Available-for-sale and other securities:
Taxable		148,557		184,340		207,984
Tax-exempt		25,663		17,659		18,326

Total available-for-sale and other securities		174,220		201,999		226,310
Trading account securities		355		853		1,463
Held-to-maturity securities - taxable		50,214		24,088		11,213

Total Securities		224,789		226,940		238,986
Loans and leases:
Commercial:
Commercial and industrial		643,731		639,458		585,615
Commercial real estate:
Construction		23,440		22,886		22,988
Commercial		182,622		208,552		222,692

Commercial real estate		206,062		231,438		245,680

Total commercial		849,793		870,896		831,295

Consumer:
Automobile		221,469		214,053		293,211
Home equity		345,379		355,869		355,005
Residential mortgage		199,601		212,661		213,612
Other consumer		27,939		33,279		40,587

Total consumer		794,388		815,862		902,415

Total loans and leases		1,644,181		1,686,758		1,733,710

Total earning assets	$	1,887,977	$	1,950,669	$	1,985,142

Liabilities
Deposits:
Demand deposits - noninterest-bearing	$	—	$	—	$	—
Demand deposits - interest-bearing		2,525		3,579		5,096

Total demand deposits		2,525		3,579		5,096
Money market deposits		38,830		40,164		54,344
Savings and other domestic deposits		13,292		18,928		32,723
Core certificates of deposit		50,544		84,983		150,030

Total core deposits		105,191		147,654		242,193
Other domestic deposits of $250,000 or more		1,442		2,140		4,492
Brokered deposits and negotiable CDs		9,100		11,694		12,488
Deposits in foreign offices		508		679		878

Total deposits		116,241		162,167		260,051
Short-term borrowings		700		2,048		3,500
Federal Home Loan Bank advances		1,077		819		824
Subordinated notes and other long-term debt		38,011		54,705		76,681

Total interest-bearing liabilities		156,029		219,739		341,056

Net interest income	$	1,731,948	$	1,730,930	$	1,644,086

⁽¹⁾	Fully-taxable equivalent (FTE) income and expense calculated assuming a 35% tax rate. See page 20 for the FTE adjustment.

Huntington Bancshares Incorporated

Consolidated Annual Net Interest Margin - Yield

(Unaudited)


	Annual Average Rates⁽²⁾
Fully-taxable equivalent basis⁽¹⁾	2013			2012			2011
Assets
Interest bearing deposits in banks		0.15	%		0.21	%		0.11	%
Federal funds sold and securities purchased under resale agreements		—			—			0.09
Loans held for sale		3.63			3.38			4.27
Securities:
Available-for-sale and other securities:
Taxable		2.33			2.33			2.48
Tax-exempt		4.56			4.14			4.28

Total available-for-sale and other securities		2.51			2.43			2.57
Trading account securities		0.44			1.27			1.37
Held-to-maturity securities - taxable		2.33			2.60			2.99

Total Securities		2.45			2.43			2.57

Loans and leases:⁽³⁾
Commercial:
Commercial and industrial		3.75			4.01			4.31
Commercial real estate:
Construction		4.04			3.93			3.88
Commercial		4.11			4.01			3.97

Commercial real estate		4.10			4.00			3.96

Total commercial		3.83			4.01			4.20

Consumer:
Automobile		3.90			4.73			4.99
Home equity		4.16			4.28			4.47
Residential mortgage		3.84			4.10			4.53
Other consumer		6.41			7.31			7.63

Total consumer		4.05			4.41			4.73

Total loans and leases		3.93			4.19			4.46

Total earning assets		3.66	%		3.85	%		4.09	%

Liabilities
Deposits:
Demand deposits - noninterest-bearing		—	%		—	%		—	%
Demand deposits - interest-bearing		0.04			0.06			0.09

Total demand deposit		0.01			0.02			0.04
Money market deposits		0.25			0.29			0.41
Savings and other domestic deposits		0.26			0.38			0.69
Core certificates of deposit		1.11			1.37			1.95

Total core deposits		0.34			0.48			0.77
Other domestic deposits of $250,000 or more		0.47			0.66			0.97
Brokered deposits and negotiable CDs		0.57			0.74			0.88
Deposits in foreign offices		0.15			0.18			0.23

Total deposits		0.35			0.49			0.78
Short-term borrowings		0.10			0.16			0.17
Federal Home Loan Bank advances		0.15			0.28			0.74
Subordinated notes and other long-term debt		2.29			2.77			2.42

Total interest bearing liabilities		0.43			0.60			0.88

Net interest rate spread		3.23			3.25			3.21
Impact of noninterest-bearing funds on margin		0.13			0.16			0.17

Net interest margin		3.36	%		3.41	%		3.38	%


Commercial Loan Derivative Impact (Unaudited)
	Annual Average Rates⁽²⁾
Fully-taxable equivalent basis⁽¹⁾	2013			2012			2011
Commercial loans⁽²⁾⁽³⁾		3.55	%		3.67	%		3.81	%
Impact of commercial loan derivatives		0.28			0.34			0.39

Total commercial - as reported		3.83	%		4.01	%		4.20	%

Average 30 day LIBOR		0.19	%		0.24	%		0.23	%

⁽¹⁾	Fully-taxable equivalent (FTE) yields are calculated assuming a 35% tax rate. See page 20 for the FTE adjustment.

⁽²⁾	Loan and lease and deposit average rates include impact of applicable derivatives, non-deferrable fees, and amortized fees.

⁽³⁾	Includes the impact of nonaccrual loans.

Huntington Bancshares Incorporated

Selected Annual Income Statement Data

(Unaudited)


	Year Ended December 31,
			Change from 2012									Change from 2011
(dollar amounts in thousands, except per share amounts)	2013		Amount			%			2012			Amount			%			2011
Interest income	$	1,860,637	$	(69,626	)		(4	)%	$	1,930,263		$	(39,963	)		(2	)%	$	1,970,226
Interest expense		156,029		(63,710	)		(29	)		219,739			(121,317	)		(36	)		341,056

Net interest income		1,704,608		(5,916	)		(0	)		1,710,524			81,354			5			1,629,170
Provision for credit losses		90,045		(57,343	)		(39	)		147,388			(26,671	)		(15	)		174,059

Net interest income after provision for credit losses		1,614,563		51,427			3			1,563,136			108,025			7			1,455,111

Service charges on deposit accounts		271,802		9,623			4			262,179			18,672			8			243,507
Mortgage banking income		126,855		(64,237	)		(34	)		191,092			107,684			129			83,408
Trust services		123,007		1,110			1			121,897			2,515			2			119,382
Electronic banking		92,591		10,301			13			82,290			(29,407	)		(26	)		111,697
Insurance income		69,264		(2,055	)		(3	)		71,319			1,849			3			69,470
Brokerage income		69,189		(3,037	)		(4	)		72,226			(8,141	)		(10	)		80,367
Bank owned life insurance income		56,419		377			1			56,042			(6,294	)		(10	)		62,336
Capital markets fees		45,220		(2,940	)		(6	)		48,160			11,620			32			36,540
Gain on sale of loans		18,171		(40,011	)		(69	)		58,182			26,238			82			31,944
Securities gains (losses)		418		(4,351	)		(91	)		4,769			8,450			N.R.			(3,681	)
Other income		125,059		(4,642	)		(4	)		129,701			(15,952	)		(11	)		145,653

Total noninterest income		997,995		(99,862	)		(9	)		1,097,857			117,234			12			980,623

Personnel costs		1,001,637		13,444			1			988,193			95,659			11			892,534
Outside data processing and other services		199,547		9,292			5			190,255			1,081			1			189,174
Net occupancy		125,344		14,184			13			111,160			2,031			2			109,129
Equipment		106,793		3,846			4			102,947			10,403			11			92,544
Marketing		51,185		(13,078	)		(20	)		64,263			(1,297	)		(2	)		65,560
Deposit and other insurance expense		50,161		(18,169	)		(27	)		68,330			(9,362	)		(12	)		77,692
Amortization of intangibles		41,364		(5,185	)		(11	)		46,549			(6,769	)		(13	)		53,318
Professional services		40,587		(25,171	)		(38	)		65,758			(2,858	)		(4	)		68,616
Gain on early extinguishment of debt		—		798			(100	)		(798	)		8,899			N.R.			(9,697	)
Other expense		141,385		(57,834	)		(29	)		199,219			9,589			5			189,630

Total noninterest expense		1,758,003		(77,873	)		(4	)		1,835,876			107,376			6			1,728,500

Income before income taxes		854,555		29,438			4			825,117			117,883			17			707,234
Provision for income taxes		215,814		31,719			17			184,095			19,474			12			164,621

Net income	$	638,741	$	(2,281	)		(0	)	$	641,022		$	98,409			18		$	542,613

Dividends on preferred shares		31,869		(120	)		(0	)		31,989			1,176			4			30,813

Net income applicable to common shares	$	606,872	$	(2,161	)		(0	)%	$	609,033		$	97,233			19	%	$	511,800

Average common shares - basic		834,205		(23,757	)		(3	)%		857,962			(5,729	)		(1	)%		863,691
Average common shares - diluted		843,974		(19,428	)		(2	)		863,402			(4,222	)		(0	)		867,624
Per common share
Net income - basic	$	0.73	$	0.02			3		$	0.71		$	0.12			20		$	0.59
Net income - diluted		0.72		0.01			1			0.71			0.12			20			0.59
Cash dividends declared		0.19		0.03			19			0.16			0.06			60			0.10
Revenue - fully taxable equivalent (FTE)
Net interest income	$	1,704,608	$	(5,916	)		(0	)	$	1,710,524		$	81,354			5		$	1,629,170
FTE adjustment⁽²⁾		27,340		6,934			34			20,406			5,490			37			14,916

Net interest income		1,731,948		1,018			0.1			1,730,930			86,844			5			1,644,086
Noninterest income		997,995		(99,862	)		(9	)		1,097,857			117,234			12			980,623

Total revenue	$	2,729,943	$	(98,844	)		(3	)%	$	2,828,787		$	204,078			8	%	$	2,624,709

N.R. - Not relevant, as denominator of calculation is a loss in prior period compared with income in the current period.

Comparisons for presented periods are impacted by a number of factors. Refer to Significant Items.

On a fully-taxable equivalent (FTE) basis assuming a 35% tax rate.

Huntington Bancshares Incorporated

Annual Mortgage Banking Income

(Unaudited)


	Year Ended December 31,
(dollar amounts in thousands, except as noted)	2013			2012			2011			2010			2009
Mortgage banking income
Origination and secondary marketing	$	85,016		$	146,845		$	68,217		$	117,440		$	94,711
Servicing fees		43,816			46,177			49,096			48,123			48,494
Amortization of capitalized servicing		(28,746	)		(35,908	)		(37,369	)		(47,165	)		(47,571	)
Other mortgage banking income		16,206			19,607			15,506			16,629			23,360

Subtotal		116,292			176,721			95,450			135,027			118,994
MSR valuation adjustment⁽¹⁾		35,556			(16,902	)		(53,897	)		(12,721	)		34,305
Net trading gains (losses) related to MSR hedging		(24,993	)		31,273			41,855			53,476			(41,001	)

Total mortgage banking income	$	126,855		$	191,092		$	83,408		$	175,782		$	112,298

Mortgage originations (in millions)	$	4,418		$	4,833		$	3,921		$	5,476		$	5,262
Average trading account securities used to hedge MSRs (in millions)		—			3			20			64			70
Capitalized mortgage servicing rights⁽²⁾		162,301			120,747			137,435			196,194			214,592
Total mortgages serviced for others (in millions)⁽²⁾		15,239			15,623			15,886			15,933			16,010
MSR % of investor servicing portfolio		1.07	%		0.77	%		0.87	%		1.23	%		1.34	%

Net impact of MSR hedging
MSR valuation adjustment⁽¹⁾	$	35,556		$	(16,902	)	$	(53,897	)	$	(12,721	)	$	34,305
Net trading gains (losses) related to MSR hedging		(24,993	)		31,273			41,855			53,476			(41,001	)
Net interest income related to MSR hedging		—			(26	)		166			972			2,999

Net gain (loss) on MSR hedging	$	10,563		$	14,345		$	(11,876	)	$	41,727		$	(3,697	)

⁽¹⁾	The change in fair value for the period represents the MSR valuation adjustment, net of amortization of capitalized servicing.

⁽²⁾	At period end.

Huntington Bancshares Incorporated

Annual Credit Reserves Analysis

(Unaudited)


	Year Ended December 31,
(dollar amounts in thousands)	2013			2012			2011			2010			2009
Allowance for loan and lease losses, beginning of period	$	769,075		$	964,828		$	1,249,008		$	1,482,479		$	900,227
Loan and lease losses		(306,316	)		(455,200	)		(557,753	)		(1,003,907	)		(1,561,378	)
Recoveries of loans previously charged off		117,650			112,738			120,664			129,433			84,791

Net loan and lease losses		(188,666	)		(342,462	)		(437,089	)		(874,474	)		(1,476,587	)

Provision for loan and lease losses		67,797			155,193			167,730			641,299			2,069,931
Allowance of assets sold or transferred to loans held for sale		(336	)		(8,484	)		(14,821	)		(296	)		(11,092	)

Allowance for loan and lease losses, end of period	$	647,870		$	769,075		$	964,828		$	1,249,008		$	1,482,479

Allowance for unfunded loan commitments and letters of credit, beginning of period	$	40,651		$	48,456		$	42,127		$	48,879		$	44,139
Provision for (reduction in) unfunded loan commitments and letters of credit losses		22,248			(7,805	)		6,329			(6,752	)		4,740

Allowance for unfunded loan commitments and letters of credit, end of period	$	62,899		$	40,651		$	48,456		$	42,127		$	48,879

Total allowance for credit losses	$	710,769		$	809,726		$	1,013,284		$	1,291,135		$	1,531,358

Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases		1.50	%		1.89	%		2.48	%		3.28	%		4.03	%
Nonaccrual loans and leases (NALs)		201			189			178			161			77
Nonperforming assets (NPAs)		184			173			163			148			72
Total allowance for credit losses (ACL) as % of:
Total loans and leases		1.65	%		1.99	%		2.60	%		3.39	%		4.16	%
Nonaccrual loans and leases (NALs)		221			199			187			166			80
Nonperforming assets (NPAs)		202			182			172			153			74

Huntington Bancshares Incorporated

Annual Net Charge-Off Analysis

(Unaudited)


	Year Ended December 31,
(dollar amounts in thousands)	2013			2012			2011			2010			2009
Net charge-offs by loan and lease type:
Commercial:
Commercial and industrial	$	16,390		$	64,248		$	89,699		$	254,932		$	487,606
Commercial real estate:
Construction		6,358			8,041			31,524			109,008			192,706
Commercial		18,496			70,388			116,577			166,554			490,025

Commercial real estate		24,854			78,429			148,101			275,562			682,731

Total commercial		41,244			142,677			237,800			530,494			1,170,337

Consumer:
Automobile		10,537			9,442			15,067			26,572			56,332
Home equity		82,263			116,379			101,797			139,373			106,176
Residential mortgage		27,162			47,923			56,681			152,895			110,202
Other consumer		27,460			26,041			25,744			25,140			33,540

Total consumer		147,422			199,785			199,289			343,980			306,250

Total net charge-offs	$	188,666		$	342,462		$	437,089		$	874,474		$	1,476,587

Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial		0.10	%		0.40	%		0.66	%		2.05	%		3.71	%
Commercial real estate:
Construction		1.10			1.38			5.33			9.95			10.37
Commercial		0.42			1.35			2.08			2.72			6.71

Commercial real estate		0.49			1.36			2.39			3.81			7.46

Total commercial		0.19			0.66			1.20			2.70			5.25

Consumer:
Automobile		0.19			0.21			0.26			0.54			1.59
Home equity		0.99			1.40			1.28			1.84			1.40
Residential mortgage		0.52			0.92			1.20			3.42			2.43
Other consumer		6.30			5.72			4.85			3.80			4.65

Total consumer		0.75			1.08			1.05			1.95			1.87

Net charge-offs as a % of average loans		0.45	%		0.85	%		1.12	%		2.35	%		3.82	%

Huntington Bancshares Incorporated

Annual Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)

(Unaudited)


	December 31,
(dollar amounts in thousands)	2013			2012			2011			2010			2009
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	56,615		$	90,705		$	201,846		$	346,720		$	578,414
Commercial real estate		73,417			127,128			229,889			363,692			935,812
Automobile		6,303			7,823			—			—			—
Residential mortgage		119,532			122,452			68,658			45,010			362,630
Home equity		66,189			59,525			40,687			22,526			40,122

Total nonaccrual loans and leases		322,056			407,633			541,080			777,948			1,916,978
Other real estate, net:
Residential		23,447			21,378			20,330			31,649			71,427
Commercial		4,217			6,719			18,094			35,155			68,717

Total other real estate, net		27,664			28,097			38,424			66,804			140,144
Impaired loans held for sale		—			—			—			—			969
Other NPAs (1)		2,440			10,045			10,772			—			—

Total nonperforming assets (3)	$	352,160		$	445,775		$	590,276		$	844,752		$	2,058,091

Nonaccrual loans and leases as a % of total loans and leases		0.75	%		1.00	%		1.39	%		2.04	%		5.21	%
NPA ratio (2)		0.82			1.09			1.51			2.21			5.57

	December 31,
(dollar amounts in thousands)	2013			2012			2011			2010			2009
Nonperforming assets, beginning of period	$	445,775		$	590,276		$	844,752		$	2,058,091		$	1,636,646
New nonperforming assets		466,122	⁽⁴⁾		741,724			745,063			925,699			2,767,295
Franklin impact, net		—			—			(9,477	)		(329,023	)		(311,726	)
Returns to accruing status		(82,112	)		(140,714	)		(195,786	)		(370,798	)		(215,336	)
Loan and lease losses		(213,138	)		(310,979	)		(362,784	)		(635,606	)		(1,148,135	)
OREO losses (gains)		4,302			(398	)		771			(12,096	)		(62,665	)
Payments		(230,726	)		(302,614	)		(328,294	)		(650,429	)		(497,076	)
Sales		(38,063	)		(131,520	)		(103,969	)		(141,086	)		(110,912	)

Nonperforming assets, end of period	$	352,160		$	445,775		$	590,276		$	844,752		$	2,058,091

(1)	Other nonperforming assets represent an investment security backed by a municipal bond.

(2)	Nonperforming assets divided by the sum of loans and leases, net other real estate owned, and other NPAs.

(3)	Includes $75.5 million at December 31, 2013 and $60.1 million at December 31, 2012, related to chapter 7 bankruptcy loans.

Huntington Bancshares Incorporated

Annual Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans

(Unaudited)


	December 31,
(dollar amounts in thousands)	2013			2012			2011			2010			2009
Accruing loans and leases past due 90 days or more:
Commercial and industrial	$	14,562		$	26,648		$	—		$	—		$	—
Commercial real estate		39,142			56,660			—			—			—
Automobile		5,055.00			4,418			6,265			7,721			10,586
Residential mortgage (excluding loans guaranteed by the U.S. Government)		2,469			2,718			45,198			53,983			78,915
Home equity		13,983			18,200			20,198			23,497			53,343
Other consumer		998			1,672			1,988			2,456			2,814

Total, excl. loans guaranteed by the U.S. Government		76,209			110,316			73,649			87,657			145,658
Add: loans guaranteed by U.S. Government		87,985			90,816			96,703			98,288			101,616

Total accruing loans and leases past due 90 days or more, including loans guaranteed by the U.S. Government	$	164,194		$	201,132		$	170,352		$	185,945		$	247,274

Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases		0.18	%		0.27	%		0.19	%		0.23	%		0.40	%
Guaranteed by U.S. Government, as a percent of total loans and leases		0.20			0.22			0.25			0.26			0.28
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases		0.38			0.49			0.44			0.49			0.68
Accruing troubled debt restructured loans:
Commercial and industrial	$	83,857		$	76,586		$	54,007		$	70,136		$	59,215
Commercial real estate		204,668			208,901			249,968			152,496			97,834
Automobile		30,781			35,784			36,573			29,764			24,704
Home equity		188,266			110,581			52,224			37,257			25,357
Residential mortgage		305,059			290,011			309,678			328,411			229,470
Other consumer		1,041			2,544			6,108			9,565			2,810

Total accruing troubled debt restructured loans	$	813,672		$	724,407		$	708,558		$	627,629		$	439,390

Nonaccruing troubled debt restructured loans:
Commercial and industrial	$	7,291		$	19,268		$	48,553		$	15,275		$	37,849
Commercial real estate		23,981			32,548			21,968			18,187			70,609
Automobile		6,303			7,823			—			—			—
Home equity		20,715			6,951			369			—			—
Residential mortgage		82,879			84,515			26,089			5,789			4,988
Other consumer		—			113			113			—			—

Total nonaccruing troubled debt restructured loans	$	141,169		$	151,218		$	97,092		$	39,251		$	113,446

HUNTINGTON BANCSHARES INC /MD/ - FORM 8-K - EX-99.2 - January 16, 2014

Attached files

HUNTINGTON BANCSHARES INC /MD/ Reports