HUNTINGTON BANCSHARES INC /MD/ - FORM 8-K - EX-99.3

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8-K - FORM 8-K - HUNTINGTON BANCSHARES INC /MD/	d425694d8k.htm
EX-99.2 - EX-99.2 - HUNTINGTON BANCSHARES INC /MD/	d425694dex992.htm
EX-99.1 - EX-99.1 - HUNTINGTON BANCSHARES INC /MD/	d425694dex991.htm

Exhibit 99.3

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Review

September 2012

Table of Contents


Quarterly Key Statistics			1

Year To Date 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 Analysis			8 - 9

Selected Quarterly Income Statement Data			10 - 11

Quarterly Mortgage Banking Income			12

Quarterly Credit Reserves Analysis			13

Quarterly Net Charge-Off Analysis			14

Quarterly Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)			15

Quarterly Accruing Past Due Loans and Leases and Accruing Troubled Debt Restructured Loans			16

Quarterly Common Stock Summary, Capital, and Other Data			17

Consolidated Year To Date Average Balance Sheets			18

Consolidated Year To Date Net Interest Margin Analysis			19 - 20

Selected Year To Date Income Statement Data			21 - 22

Year To Date Mortgage Banking Income			23

Year To Date Credit Reserves Analysis			24

Year To Date Net Charge-Off Analysis			25

Year To Date Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)			26

Year To Date Accruing Past Due Loans and Leases and Accruing Troubled Debt Restructured Loans			27

Notes:

The preparation of financial statement data in conformity with accounting principles generally accepted in the United States 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 definition, 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 Generally Accepted Accounting Principles (“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 this press release in their entirety, and not to rely on any single financial measure.

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Key Statistics⁽¹⁾

(Unaudited)


	2012						2011			Percent Changes vs.
(dollar amounts in thousands, except per share amounts)	Third			Second			Third			2Q12			3Q11
Net interest income	$	430,298		$	428,962		$	406,478			—	%		6	%
Provision for credit losses		37,004			36,520			43,586			1			(15	)
Noninterest income		261,067			253,819			258,559			3			1
Noninterest expense		458,303			444,269			439,118			3			4

Income before income taxes		196,058			201,992			182,333			(3	)		8
Provision for income taxes		28,291			49,286			38,942			(43	)		(27	)

Net income	$	167,767		$	152,706		$	143,391			10	%		17	%

Dividends on preferred shares		7,983			7,984			7,703			—			4

Net income applicable to common shares	$	159,784		$	144,722		$	135,688			10	%		18	%

Net income per common share - diluted	$	0.19		$	0.17		$	0.16			12	%		19	%
Cash dividends declared per common share		0.04			0.04			0.04			—			—
Book value per common share at end of period		6.34			6.13			5.83			3			9
Tangible book value per common share at end of period		5.71			5.49			5.17			4			10
Average common shares - basic		857,871			862,261			863,911			(1	)		(1	)
Average common shares - diluted		863,588			867,551			867,633			—			—
Return on average assets		1.19	%		1.10	%		1.05	%
Return on average common shareholders’ equity		11.9			11.1			10.8
Return on average tangible common shareholders’ equity⁽²⁾		13.9			13.1			13.0
Net interest margin⁽³⁾		3.38			3.42			3.34
Efficiency ratio⁽⁴⁾		64.5			62.8			63.5
Effective tax rate		14.4			24.4			21.4
Average loans and leases	$	40,119,938		$	41,178,520		$	39,297,235			(3	)		2
Average loans and leases - linked quarter annualized growth rate		(10.3	)%		20.8	%		7.9	%
Average earning assets	$	51,330,241		$	51,050,479		$	48,777,430			1			5
Average total assets		56,138,175			55,837,396			54,192,913			1			4
Average core deposits⁽⁵⁾		43,763,695			42,780,749			39,957,440			2			10
Average core deposits - linked quarter annualized growth rate		9.2	%		13.5	%		8.7	%
Average shareholders’ equity	$	5,730,951		$	5,617,615		$	5,332,493			2			7
Total assets at end of period		56,443,000			56,622,959			54,978,707			—			3
Total shareholders’ equity at end of period		5,807,604			5,649,231			5,400,479			3			8
Net charge-offs (NCOs)		105,095			84,245			90,555			25			16
NCOs as a % of average loans and leases		1.05	%		0.82	%		0.92	%
Nonaccrual loans and leases (NALs)	$	445,046		$	474,166		$	565,003			(6	)		(21	)
NAL ratio		1.11	%		1.19	%		1.45	%
Nonperforming assets (NPAs)⁽⁶⁾	$	509,728		$	523,250		$	613,981			(3	)		(17	)
NPA ratio⁽⁶⁾		1.26	%		1.31	%		1.57	%
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period		1.96			2.15			2.61
ALLL plus allowance for unfunded loan commitments and letters of credit (ACL) as a % of total loans and leases at the end of period		2.09			2.28			2.71
ACL as a % of NALs		189			192			187
ACL as a % of NPAs		165			174			172
Tier 1 leverage ratio⁽⁷⁾		10.29			10.34			10.24
Tier 1 common risk-based capital ratio⁽⁷⁾		10.28			10.08			10.17
Tier 1 risk-based capital ratio⁽⁷⁾		11.88			11.93			12.37
Total risk-based capital ratio⁽⁷⁾		14.36			14.42			15.11
Tangible common equity / risk-weighted assets ratio⁽⁷⁾		10.14			9.85			10.08
Tangible equity / tangible assets ratio⁽⁸⁾		9.43			9.10			8.88
Tangible common equity / tangible assets ratio⁽⁹⁾		8.74			8.41			8.22

See Notes to the Year to Date and Quarterly Key Statistics.

HUNTINGTON BANCSHARES INCORPORATED

Year to Date Key Statistics⁽¹⁾

(Unaudited)


	Nine Months Ended September 30,						Change
(dollar amounts in thousands, except per share amounts)	2012			2011			Amount			Percent
Net interest income	$	1,276,469		$	1,214,145		$	62,324			5	%
Provision for credit losses		107,930			128,768			(20,838	)		(16	)
Noninterest income		800,206			751,271			48,935			7
Noninterest expense		1,365,248			1,298,226			67,022			5

Income before income taxes		603,497			538,422			65,075			12
Provision for income taxes		129,754			122,667			7,087			6

Net Income	$	473,743		$	415,755		$	57,988			14	%

Dividends on preferred shares		24,016			23,110			906			4

Net income applicable to common shares	$	449,727		$	392,645		$	57,082			15	%

Net income per common share - diluted	$	0.52		$	0.45		$	0.07			16	%
Cash dividends declared per common share		0.12			0.06			0.06			100
Average common shares - basic		861,543			863,542			(1,999	)		—
Average common shares - diluted		866,768			867,446			(678	)		—
Return on average assets		1.14	%		1.04	%
Return on average common shareholders’ equity		11.5			10.9
Return on average tangible common shareholders’ equity⁽²⁾		13.5			13.2
Net interest margin⁽³⁾		3.40			3.39
Efficiency ratio⁽⁴⁾		63.7			63.6
Effective tax rate		21.5			22.8
Average loans and leases	$	40,147,614		$	38,647,550		$	1,500,063			4
Average earning assets		50,717,991			48,381,447			2,336,544			5
Average total assets		55,546,026			53,446,679			2,099,348			4
Average core deposits⁽⁵⁾		42,647,918			39,448,587			3,199,331			8
Average shareholders’ equity		5,614,026			5,167,607			446,420			9
Net charge-offs (NCOs)		272,332			353,172			(80,840	)		(23	)
NCOs as a % of average loans and leases		0.90	%		1.22	%

See Notes to the Year to Date and Quarterly Key Statistics.

Notes to the Year to Date and Quarterly Key Statistics

⁽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 residential real estate owned acquired as part of the FDIC-assisted Fidelity Bank acquisition.

⁽⁷⁾	September 30, 2012, figures are estimated.

⁽⁸⁾	Tangible equity (total 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.

⁽⁹⁾	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


										Change
	2012			2011						September ‘12 vs ‘11
(dollar amounts in thousands, except number of shares)	September 30,			December 31,			September 30,			Amount			Percent
	*(Unaudited)*						(Unaudited)
Assets
Cash and due from banks	$	797,601		$	1,115,968		$	2,190,276		$	(1,392,675	)		(64	)%
Interest-bearing deposits in banks		65,635			90,943			105,454			(39,819	)		(38	)
Trading account securities		91,970			45,899			85,711			6,259			7
Loans held for sale		1,852,919			1,618,391			334,606			1,518,313			454
Available-for-sale and other securities		7,778,568			8,078,014			8,713,530			(934,962	)		(11	)
Held-to-maturity securities		1,582,150			640,551			658,250			923,900			140
Loans and leases⁽¹⁾		40,260,417			38,923,783			39,011,894			1,248,523			3
Allowance for loan and lease losses		(789,142	)		(964,828	)		(1,019,710	)		230,568			(23	)

Net loans and leases		39,471,275			37,958,955			37,992,184			1,479,091			4

Bank owned life insurance		1,586,902			1,549,783			1,537,923			48,979			3
Premises and equipment		590,750			564,429			543,324			47,426			9
Goodwill		444,268			444,268			444,268			—			—
Other intangible assets		143,804			175,302			188,477			(44,673	)		(24	)
Accrued income and other assets		2,037,158			2,168,149			2,184,704			(147,546	)		(7	)

Total assets	$	56,443,000		$	54,450,652		$	54,978,707		$	1,464,293			3	%

Liabilities and shareholders’ equity
Liabilities
Deposits⁽²⁾	$	46,741,286		$	43,279,625		$	43,219,727		$	3,521,559			8	%
Short-term borrowings		1,259,771			1,441,092			2,224,986			(965,215	)		(43	)
Federal Home Loan Bank advances		9,406			362,972			14,157			(4,751	)		(34	)
Other long-term debt		185,613			1,231,517			1,421,518			(1,235,905	)		(87	)
Subordinated notes		1,306,273			1,503,368			1,537,293			(231,020	)		(15	)
Accrued expenses and other liabilities		1,133,047			1,213,978			1,160,547			(27,500	)		(2	)

Total liabilities		50,635,396			49,032,552			49,578,228			1,057,168			2

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			100
Common stock - Par value of $0.01		8,567			8,656			8,652			(85	)		(1	)
Capital surplus		7,551,509			7,596,809			7,594,090			(42,581	)		(1	)
Less treasury shares, at cost		(10,817	)		(10,255	)		(10,161	)		(656	)		6
Accumulated other comprehensive loss		(84,542	)		(173,763	)		(80,404	)
Retained earnings		(2,043,405	)		(2,389,639	)		(2,474,205	)		430,800			(17	)

Total shareholders’ equity		5,807,604			5,418,100			5,400,479			407,125			8

Total liabilities and shareholders’ equity	$	56,443,000		$	54,450,652		$	54,978,707		$	1,464,293			3	%

Common shares authorized (par value of $0.01)		1,500,000,000			1,500,000,000			1,500,000,000
Common shares issued		856,748,584			865,584,517			865,204,511
Common shares outstanding		855,485,376			864,406,152			864,074,883
Treasury shares outstanding		1,263,208			1,178,365			1,129,628
Preferred shares issued		1,967,071			1,967,071			1,967,071
Preferred shares outstanding		398,007			398,007			362,507

⁽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


	2012												2011
(dollar amounts in millions)	September 30,				June 30,				March 31,				December 31,				September 30,
	*(Unaudited)*				(Unaudited)				(Unaudited)								(Unaudited)
Ending Balances by Type:
Commercial:⁽¹⁾
Commercial and industrial	$	16,478	41	%	$	16,322	41	%	$	15,838	39	%	$	14,699	38	%	$	13,939	36	%
Commercial real estate:
Construction		541	1			591	1			597	1			580	1			520	1
Commercial		4,956	12			5,317	13			5,443	13			5,246	13			5,414	14

Commercial real estate		5,497	13			5,908	14			6,040	14			5,826	14			5,934	15

Total commercial		21,975	54			22,230	55			21,878	53			20,525	52			19,873	51

Consumer:
Automobile		4,276	11			3,808	10			4,787	12			4,458	11			5,558	14
Home equity		8,381	21			8,344	21			8,261	20			8,215	21			8,079	21
Residential mortgage		5,192	13			5,123	13			5,284	13			5,228	13			4,986	13
Other consumer		436	1			454	1			469	2			498	3			516	1

Total consumer		18,285	46			17,729	45			18,801	47			18,399	48			19,139	49

Total loans and leases	$	40,260	100	%	$	39,959	100	%	$	40,679	100	%	$	38,924	100	%	$	39,012	100	%

Ending Balances by Business Segment:
Retail and Business Banking	$	12,656	31	%	$	12,714	32	%	$	12,432	31	%	$	12,361	32	%	$	12,183	31	%
Regional and Commercial Banking		10,463	26			10,420	26			9,936	24			9,134	23			8,723	22
AFCRE		11,019	27			10,892	27			11,698	29			11,375	29			12,318	32
WGH		6,053	16			5,904	15			5,968	14			5,952	16			5,713	15
Treasury / Other		69	—			29	—			645	2			102	—			75	—

Total loans and leases	$	40,260	100	%	$	39,959	100	%	$	40,679	100	%	$	38,924	100	%	$	39,012	100	%


	2012												2011
	Third				Second				First				Fourth				Third
Average Balances by Business Segment:
Retail and Business Banking	$	12,703	32	%	$	12,977	32	%	$	12,420	32	%	$	12,302	31	%	$	12,126	31	%
Regional and Commercial Banking		10,427	26			10,229	25			9,250	24			8,902	23			8,495	22
AFCRE		10,949	27			11,891	29			11,468	29			12,496	32			13,101	33
WGH		5,993	15			6,007	14			5,920	15			5,731	14			5,522	14
Treasury / Other		48	—			75	—			87	—			87	—			53	—

Total loans and leases	$	40,120	100	%	$	41,179	100	%	$	39,145	100	%	$	39,518	100	%	$	39,297	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


	2012												2011
(dollar amounts in millions)	September 30,				June 30,				March 31,				December 31,				September 30,
	*(Unaudited)*				(Unaudited)				(Unaudited)								(Unaudited)
Ending Balances by Type:
Demand deposits - noninterest-bearing	$	12,680	27	%	$	12,324	27	%	$	11,797	26	%	$	11,158	26	%	$	9,502	22	%
Demand deposits - interest-bearing		5,909	13			6,060	13			6,126	14			5,722	13			5,763	13
Money market deposits		14,926	32			13,756	30			13,169	29			13,117	30			13,759	32
Savings and other domestic deposits		4,949	11			4,961	11			4,954	11			4,698	11			4,711	11
Core certificates of deposit		5,817	12			6,508	14			6,920	15			6,513	15			7,084	16

Total core deposits		44,281	95			43,609	95			42,966	95			41,208	95			40,819	94
Other domestic deposits of $250,000 or more		352	1			260	1			325	1			390	1			421	1
Brokered deposits and negotiable CDs		1,795	4			1,888	4			1,276	3			1,321	3			1,535	4
Deposits in foreign offices		313	—			319	—			442	1			361	1			445	1

Total deposits	$	46,741	100	%	$	46,076	100	%	$	45,009	100	%	$	43,280	100	%	$	43,220	100	%

Total core deposits:
Commercial	$	19,207	43	%	$	18,324	42	%	$	17,101	40	%	$	16,366	40	%	$	15,526	38	%
Consumer		25,074	57			25,285	58			25,865	60			24,842	60			25,293	62

Total core deposits	$	44,281	100	%	$	43,609	100	%	$	42,966	100	%	$	41,208	100	%	$	40,819	100	%

Ending Balances by Business Segment:
Retail and Business Banking	$	28,220	60	%	$	28,348	62	%	$	27,935	62	%	$	27,536	64	%	$	28,095	65	%
Regional and Commercial Banking		6,205	13			5,333	12			4,748	11			4,683	11			4,173	10
AFCRE		922	2			907	2			914	2			881	2			817	2
WGH		9,816	22			9,782	20			9,632	21			9,115	21			9,013	21
Treasury / Other⁽¹⁾		1,578	3			1,706	4			1,780	4			1,065	2			1,122	2

Total deposits	$	46,741	100	%	$	46,076	100	%	$	45,009	100	%	$	43,280	100	%	$	43,220	100	%


	2012												2011
	Third				Second				First				Fourth				Third
Average Balances by Business Segment:
Retail and Business Banking	$	28,248	61	%	$	28,260	63	%	$	27,452	63	%	$	27,835	64	%	$	28,290	67	%
Regional and Commercial Banking		5,715	12			4,762	11			4,680	11			4,467	10			3,902	9
AFCRE		942	2			855	2			811	2			802	2			796	2
WGH		9,735	21			9,783	21			9,450	22			9,406	21			8,243	20
Treasury / Other⁽¹⁾		1,658	4			1,197	3			1,072	2			1,093	3			1,047	2

Total deposits	$	46,298	100	%	$	44,857	100	%	$	43,465	100	%	$	43,603	100	%	$	42,278	100	%

⁽¹⁾	Comprised primarily of national market deposits.

Huntington Bancshares Incorporated

Consolidated Quarterly Average Balance Sheets

(Unaudited)


	Average Balances															Change 3Q12 vs 3Q11
	2012									2011						Change 3Q12 vs 3Q11
(dollar amounts in millions)	Third			Second			First			Fourth			Third			Amount			Percent
Assets
Interest-bearing deposits in banks	$	82		$	124		$	100		$	107		$	164		$	(82	)		(50	)%
Trading account securities		66			54			50			81			92			(26	)		(28	)
Loans held for sale		1,829			410			1,265			316			237			1,592			672
Available-for-sale and other securities:
Taxable		8,014			8,285			8,171			8,065			7,902			112			1
Tax-exempt		423			387			404			409			421			2			—

Total available-for-sale and other securities		8,437			8,672			8,575			8,474			8,323			114			1
Held-to-maturity securities - taxable		796			611			632			650			665			131			20
Loans and leases:⁽¹⁾
Commercial:
Commercial and industrial		16,343			16,094			14,824			14,219			13,664			2,679			20
Commercial real estate:
Construction		569			584			598			533			670			(101	)		(15	)
Commercial		5,153			5,491			5,254			5,425			5,441			(288	)		(5	)

Commercial real estate		5,722			6,075			5,852			5,958			6,111			(389	)		(6	)

Total commercial		22,065			22,169			20,676			20,177			19,775			2,290			12

Consumer:
Automobile		4,065			4,985			4,576			5,639			6,211			(2,146	)		(35	)
Home equity		8,369			8,310			8,234			8,149			8,002			367			5
Residential mortgage		5,177			5,253			5,174			5,043			4,788			389			8
Other consumer		444			462			485			511			521			(77	)		(15	)

Total consumer		18,055			19,010			18,469			19,342			19,522			(1,467	)		(8	)

Total loans and leases		40,120			41,179			39,145			39,519			39,297			823			2
Allowance for loan and lease losses		(855	)		(908	)		(961	)		(1,014	)		(1,066	)		211			(20	)

Net loans and leases		39,265			40,271			38,184			38,505			38,231			1,034			3

Total earning assets		51,330			51,050			49,767			49,147			48,778			2,552			5

Cash and due from banks		960			928			1,012			1,671			1,700			(740	)		(44	)
Intangible assets		597			609			613			625			639			(42	)		(7	)
All other assets		4,106			4,158			4,225			4,221			4,142			(36	)		(1	)

Total assets	$	56,138		$	55,837		$	54,656		$	54,650		$	54,193		$	1,945			4	%

Liabilities and shareholders’ equity
Deposits:
Demand deposits - noninterest-bearing	$	12,329		$	12,064		$	11,273		$	10,716		$	8,719		$	3,610			41	%
Demand deposits - interest-bearing		5,814			5,939			5,646			5,570			5,573			241			4
Money market deposits		14,515			13,182			13,141			13,594			13,321			1,194			9
Savings and other domestic deposits		4,975			4,978			4,817			4,706			4,752			223			5
Core certificates of deposit		6,131			6,618			6,510			6,769			7,592			(1,461	)		(19	)

Total core deposits		43,764			42,781			41,387			41,355			39,957			3,807			10
Other domestic deposits of $250,000 or more		300			298			347			405			387			(87	)		(22	)
Brokered deposits and negotiable CDs		1,878			1,421			1,301			1,410			1,533			345			23
Deposits in foreign offices		356			357			430			434			401			(45	)		(11	)

Total deposits		46,298			44,857			43,465			43,604			42,278			4,020			10
Short-term borrowings		1,329			1,391			1,512			1,728			2,251			(922	)		(41	)
Federal Home Loan Bank advances		107			626			419			29			285			(178	)		(62	)
Subordinated notes and other long-term debt		1,638			2,251			2,652			2,866			3,030			(1,392	)		(46	)

Total interest-bearing liabilities		37,043			37,061			36,775			37,511			39,125			(2,082	)		(5	)

All other liabilities		1,035			1,094			1,116			978			1,017			18			2
Shareholders’ equity		5,731			5,618			5,492			5,445			5,332			399			7

Total liabilities and shareholders’ equity	$	56,138		$	55,837		$	54,656		$	54,650		$	54,193		$	1,945			4	%

⁽¹⁾	Includes nonaccrual loans.

Huntington Bancshares Incorporated

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

(Unaudited)


	Interest Income / Expense
	2012						2011
(dollar amounts in thousands)	Third		Second		First		Fourth		Third
Assets
Interest-bearing deposits in banks	$	42	$	97	$	12	$	15	$	17
Trading account securities		178		223		207		197		325
Federal funds sold and securities purchased under resale agreements		—		—		—		—		—
Loans held for sale		14,548		3,541		12,005		3,124		2,643
Available-for-sale and other securities:
Taxable		44,191		48,245		48,824		47,784		47,946
Tax-exempt		4,383		4,099		4,209		4,313		4,392

Total available-for-sale and other securities		48,574		52,344		53,033		52,097		52,338
Held-to-maturity securities - taxable		7,336		4,539		4,714		4,867		5,059
Loans and leases:
Commercial:
Commercial and industrial		162,998		162,419		150,397		145,825		144,151
Commercial real estate:
Construction		5,583		5,397		5,831		6,513		6,620
Commercial		50,704		54,554		50,750		54,220		54,429

Commercial real estate		56,287		59,951		56,581		60,733		61,049

Total commercial		219,285		222,370		206,978		206,558		205,200

Consumer:
Automobile		49,718		57,971		55,435		68,283		76,488
Home equity		89,388		89,358		88,582		89,876		89,112
Residential mortgage		51,981		54,326		53,914		54,263		53,521
Other consumer		7,991		8,522		8,992		9,416		9,951

Total consumer		199,078		210,177		206,923		221,838		229,072

Total loans and leases		418,363		432,547		413,901		428,396		434,272

Total earning assets	$	489,041	$	493,291	$	483,872	$	488,696	$	494,654

Liabilities
Deposits:
Demand deposits - noninterest-bearing	$	—	$	—	$	—	$	—	$	—
Demand deposits - interest-bearing		1,013		987		845		1,182		1,458
Money market deposits		12,025		9,954		8,343		10,994		13,845
Savings and other domestic deposits		4,576		4,858		5,345		6,213		8,231
Core certificates of deposit		19,237		22,682		25,919		28,851		37,323

Total core deposits		36,851		38,481		40,452		47,240		60,857
Other domestic deposits of $250,000 or more		511		493		583		794		907
Brokered deposits and negotiable CDs		3,356		2,650		2,547		2,727		2,963
Deposits in foreign offices		164		165		197		206		258

Total deposits		40,882		41,789		43,779		50,967		64,985
Short-term borrowings		544		558		583		764		931
Federal Home Loan Bank advances		135		333		222		156		233
Subordinated notes and other long-term debt		11,928		15,902		18,144		18,305		18,369

Total interest bearing liabilities		53,489		58,582		62,728		70,192		84,518

Net interest income	$	435,552	$	434,709	$	421,144	$	418,504	$	410,136

⁽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 Analysis

(Unaudited)


	Average Rates (2)
	2012									2011
Fully-taxable equivalent basis⁽¹⁾	Third			Second			First			Fourth			Third
Assets
Interest-bearing deposits in banks		0.21	%		0.31	%		0.05	%		0.06	%		0.04	%
Trading account securities		1.07			1.64			1.65			0.97			1.41
Loans held for sale		3.18			3.46			3.80			3.96			4.46
Available-for-sale and other securities:
Taxable		2.21			2.33			2.39			2.37			2.43
Tax-exempt		4.15			4.23			4.17			4.22			4.17

Total available-for-sale and other securities		2.30			2.41			2.47			2.46			2.52
Held-to-maturity securities - taxable		3.69			2.97			2.98			2.99			3.04
Loans and leases:⁽²⁾⁽³⁾
Commercial:
Commercial and industrial		3.90			3.99			4.01			4.01			4.13
Commercial real estate:
Construction		3.84			3.66			3.85			4.78			3.87
Commercial		3.85			3.93			3.82			3.91			3.91

Commercial real estate		3.85			3.89			3.82			3.99			3.91

Total commercial		3.89			3.97			3.96			4.01			4.06

Consumer:
Automobile		4.87			4.68			4.87			4.80			4.89
Home equity		4.27			4.30			4.30			4.41			4.45
Residential mortgage		4.02			4.14			4.17			4.30			4.47
Other consumer		7.16			7.42			7.47			7.32			7.57

Total consumer		4.40			4.43			4.49			4.57			4.68

Total loans and leases		4.12			4.18			4.21			4.28			4.37

Total earning assets		3.79	%		3.89	%		3.91	%		3.95	%		4.02	%

Liabilities
Deposits:
Demand deposits - noninterest-bearing		—	%		—	%		—	%		—	%		—	%
Demand deposits - interest-bearing		0.07			0.07			0.06			0.08			0.10
Money market deposits		0.33			0.30			0.26			0.32			0.41
Savings and other domestic deposits		0.37			0.39			0.45			0.52			0.69
Core certificates of deposit		1.25			1.38			1.60			1.69			1.95

Total core deposits		0.47			0.50			0.54			0.61			0.77
Other domestic deposits of $250,000 or more		0.68			0.66			0.68			0.78			0.93
Brokered deposits and negotiable CDs		0.71			0.75			0.79			0.77			0.77
Deposits in foreign offices		0.18			0.19			0.18			0.19			0.26

Total deposits		0.48			0.51			0.55			0.61			0.77
Short-term borrowings		0.16			0.16			0.16			0.18			0.16
Federal Home Loan Bank advances		0.50			0.21			0.21			2.09			0.32
Subordinated notes and other long-term debt		2.91			2.83			2.74			2.56			2.43

Total interest-bearing liabilities		0.58			0.63			0.68			0.74			0.86

Net interest rate spread		3.14			3.18			3.15			3.15			3.11
Impact of noninterest-bearing funds on margin		0.24			0.25			0.25			0.23			0.22

Net interest margin		3.38	%		3.42	%		3.40	%		3.38	%		3.34	%

Commercial Loan Derivative Impact

(Unaudited)


	Average Rates (2)
	2012									2011
Fully-taxable equivalent basis⁽¹⁾	Third			Second			First			Fourth			Third
Commercial loans⁽²⁾⁽³⁾		3.61	%		3.67	%		3.69	%		3.79	%		3.79	%
Impact of commercial loan derivatives		0.28			0.30			0.27			0.22			0.27

Total commercial - as reported		3.89	%		3.97	%		3.96	%		4.01	%		4.06	%

Average 30 day LIBOR		0.24	%		0.24	%		0.26	%		0.26	%		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)


	2012									2011						3Q12 vs 3Q11
(dollar amounts in thousands, except per share amounts)	Third			Second			First			Fourth			Third			Amount			Percent
Interest income	$	483,787		$	487,544		$	479,937		$	485,216		$	490,996		$	(9,487	)		(2	)%
Interest expense		53,489			58,582			62,728			70,191			84,518			(31,029	)		(37	)

Net interest income		430,298			428,962			417,209			415,025			406,478			23,820			6
Provision for credit losses		37,004			36,520			34,406			45,291			43,586			(6,582	)		(15	)

Net interest income after provision for credit losses		393,294			392,442			382,803			369,734			362,892			30,402			8

Service charges on deposit accounts		67,806			65,998			60,292			63,324			65,184			2,622			4
Trust services		29,689			29,914			30,906			28,775			29,473			216			1
Electronic banking		22,135			20,514			18,630			18,282			32,901			(10,766	)		(33	)
Mortgage banking income		44,614			38,349			46,418			24,098			12,791			31,823			249
Brokerage income		16,526			19,025			19,260			18,688			20,349			(3,823	)		(19	)
Insurance income		17,792			17,384			18,875			17,906			17,220			572			3
Bank owned life insurance income		14,371			13,967			13,937			14,271			15,644			(1,273	)		(8	)
Capital markets fees		11,805			13,455			9,982			9,811			11,256			549			5
Gain on sale of loans		6,591			4,131			26,770			2,884			19,097			(12,506	)		(65	)
Automobile operating lease income		2,146			2,877			3,775			4,727			5,890			(3,744	)		(64	)
Securities gains (losses)		4,169			350			(613	)		(3,878	)		(1,350	)		5,519			N.R.
Other income		23,423			27,855			37,088			30,464			30,104			(6,681	)		(22	)

Total noninterest income		261,067			253,819			285,320			229,352			258,559			2,508			1

Personnel costs		247,709			243,034			243,498			228,101			226,835			20,874			9
Outside data processing and other services		49,880			48,149			42,058			53,422			49,602			278			1
Net occupancy		27,599			25,474			29,079			26,841			26,967			632			2
Equipment		25,950			24,872			25,545			25,884			22,262			3,688			17
Deposit and other insurance expense		15,534			15,731			20,738			18,481			17,492			(1,958	)		(11	)
Marketing		20,178			21,365			16,776			16,379			22,251			(2,073	)		(9	)
Professional services		18,024			15,458			11,230			16,769			20,281			(2,257	)		(11	)
Amortization of intangibles		11,431			11,940			11,531			13,175			13,387			(1,956	)		(15	)
Automobile operating lease expense		1,619			2,183			2,854			3,362			4,386			(2,767	)		(63	)
OREO and foreclosure expense		4,982			4,106			4,950			5,009			4,668			314			7
Loss (Gain) on early extinguishment of debt		1,782			(2,580	)		—			(9,697	)		—			1,782			—
Other expense		33,615			34,537			54,417			32,548			30,987			2,628			8

Total noninterest expense		458,303			444,269			462,676			430,274			439,118			19,185			4

Income before income taxes		196,058			201,992			205,447			168,812			182,333			13,725			8
Provision for income taxes		28,291			49,286			52,177			41,954			38,942			(10,651	)		(27	)

Net income	$	167,767		$	152,706		$	153,270		$	126,858		$	143,391		$	24,376			17	%

Dividends on preferred shares		7,983			7,984			8,049			7,703			7,703			280			4

Net income applicable to common shares	$	159,784		$	144,722		$	145,221		$	119,155		$	135,688		$	24,096			18	%

Average common shares - basic		857,871			862,261			864,499			864,136			863,911			(6,040	)		(1	)%
Average common shares - diluted		863,588			867,551			869,164			868,156			867,633			(4,045	)		(0	)
Per common share
Net income - basic	$	0.19		$	0.17		$	0.17		$	0.14		$	0.16		$	0.03			19	%
Net income - diluted		0.19			0.17			0.17			0.14			0.16			0.03			19
Cash dividends declared		0.04			0.04			0.04			0.04			0.04			—			—
Return on average total assets		1.19	%		1.10	%		1.13	%		0.92	%		1.05	%		0.14			13	%
Return on average common shareholders’ equity		11.9			11.1			11.4			9.3			10.8			1.1			10
Return on average tangible common shareholders’ equity⁽²⁾		13.9			13.1			13.5			11.2			13.0			0.9			7
Net interest margin⁽³⁾		3.38			3.42			3.40			3.38			3.34			0.04			1
Efficiency ratio⁽⁴⁾		64.5			62.8			63.8			64.0			63.5			1.0			2
Effective tax rate		14.4			24.4			25.4			24.9			21.4			(7.0	)		(33	)
Revenue - fully-taxable equivalent (FTE)
Net interest income	$	430,298		$	428,962		$	417,209		$	415,025		$	406,478		$	23,820			6	%
FTE adjustment		5,254			5,747			3,935			3,479			3,658			1,596			44

Net interest income⁽³⁾		435,552			434,709			421,144			418,504			410,136			25,416			6
Noninterest income		261,067			253,819			285,320			229,352			258,559			2,508			1

Total revenue⁽³⁾	$	696,619		$	688,528		$	706,464		$	647,856		$	668,695		$	27,924			4	%

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

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

⁽²⁾

⁽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).

Huntington Bancshares Incorporated

Quarterly Mortgage Banking Income

(Unaudited)


	2012									2011						3Q12 vs 3Q11
(dollar amounts in thousands, except as noted)	Third			Second			First			Fourth			Third			Amount			Percent
Mortgage banking income
Origination and secondary marketing	$	40,860		$	30,184		$	31,304		$	21,248		$	15,648		$	25,212			161	%
Servicing fees		11,308			11,618			11,760			11,993			12,140			(832	)		(7	)
Amortization of capitalized servicing		(8,405	)		(9,108	)		(9,279	)		(8,813	)		(9,641	)		1,236			(13	)
Other mortgage banking income		4,999			4,814			4,966			3,652			3,826			1,173			31

Subtotal		48,762			37,508			38,751			28,080			21,973			26,789			122
MSR valuation adjustment⁽¹⁾		(19,543	)		(19,013	)		9,907			(6,985	)		(39,394	)		19,851			(50	)
Net trading gains (losses) related to MSR hedging		15,395			19,854			(2,240	)		3,003			30,212			(14,817	)		(49	)

Total mortgage banking income	$	44,614		$	38,349		$	46,418		$	24,098		$	12,791		$	31,823			249	%

Mortgage originations (in millions)	$	1,224		$	1,291		$	1,157		$	1,123		$	953		$	271			28	%
Average trading account securities used to hedge MSRs (in millions)		4			4			5			6			7			(3	)		(43	)
Capitalized mortgage servicing rights⁽²⁾		108,074			128,297			148,349			137,435			145,277			(37,203	)		(26	)
Total mortgages serviced for others (in millions)⁽²⁾		15,571			15,724			15,902			15,886			16,061			(490	)		(3	)
MSR % of investor servicing portfolio⁽²⁾		0.69	%		0.82	%		0.93	%		0.87	%		0.90	%		(0.21	)%		(2,333	)

Net impact of MSR hedging
MSR valuation adjustment⁽¹⁾	$	(19,543	)	$	(19,013	)	$	9,907		$	(6,985	)	$	(39,394	)	$	19,851			(50	)%
Net trading gains (losses) related to MSR hedging		15,395			19,854			(2,240	)		3,003			30,212			(14,817	)		(49	)
Net interest income (loss) related to MSR hedging		4			(21	)		(9	)		(34	)		17			(13	)		(76	)

Net gain (loss) of MSR hedging	$	(4,144	)	$	820		$	7,658		$	(4,016	)	$	(9,165	)	$	5,021			(55	)%

⁽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)


	2012									2011
(dollar amounts in thousands)	Third			Second			First			Fourth			Third
Allowance for loan and lease losses, beginning of period	$	859,646		$	913,069		$	964,828		$	1,019,710		$	1,071,126
Loan and lease losses		(132,186	)		(108,092	)		(107,960	)		(114,146	)		(115,899	)
Recoveries of loans previously charged off		27,091			23,847			24,968			30,229			25,344

Net loan and lease losses		(105,095	)		(84,245	)		(82,992	)		(83,917	)		(90,555	)

Provision for loan and lease losses		34,419			36,476			31,928			35,614			45,867
Allowance of assets sold or transferred to loans held for sale		172			(5,654	)		(695	)		(6,579	)		(6,728	)

Allowance for loan and lease losses, end of period	$	789,142		$	859,646		$	913,069		$	964,828		$	1,019,710

Allowance for unfunded loan commitments and letters of credit, beginning of period	$	50,978		$	50,934		$	48,456		$	38,779		$	41,060
Provision for (reduction in) unfunded loan commitments and letters of credit losses		2,585			44			2,478			9,677			(2,281	)

Allowance for unfunded loan commitments and letters of credit, end of period	$	53,563		$	50,978		$	50,934		$	48,456		$	38,779

Total allowance for credit losses, end of period	$	842,705		$	910,624		$	964,003		$	1,013,284		$	1,058,489

Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases		1.96	%		2.15	%		2.24	%		2.48	%		2.61	%
Nonaccrual loans and leases (NALs)		177			181			195			178			180
Nonperforming assets (NPAs)		155			164			173			163			166
Total allowance for credit losses (ACL) as % of:
Total loans and leases		2.09	%		2.28	%		2.37	%		2.60	%		2.71	%
Nonaccrual loans and leases		189			192			206			187			187
Nonperforming assets		165			174			183			172			172

Huntington Bancshares Incorporated

Quarterly Net Charge-Off Analysis

(Unaudited)


	2012									2011
(dollar amounts in thousands)	Third			Second			First			Fourth			Third
Net charge-offs by loan and lease type:
Commercial:
Commercial and industrial	$	13,023		$	15,678		$	28,495		$	10,913		$	17,891
Commercial real estate:
Construction		(280	)		(1,531	)		(1,186	)		(2,471	)		1,450
Commercial		17,654			30,709			11,692			30,854			22,990

Commercial real estate		17,374			29,178			10,506			28,383			24,440

Total commercial		30,397			44,856			39,001			39,296			42,331

Consumer:
Automobile		4,019			449			3,078			4,237			3,863
Home equity		46,596			21,045			23,729			23,419			26,222
Residential mortgage		16,880			10,786			10,570			9,732			11,562
Other consumer		7,203			7,109			6,614			7,233			6,577

Total consumer		74,698			39,389			43,991			44,621			48,224

Total net charge-offs	$	105,095		$	84,245		$	82,992		$	83,917		$	90,555

Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial		0.32	%		0.39	%		0.77	%		0.31	%		0.52	%
Commercial real estate:
Construction		(0.20	)		(1.05	)		(0.79	)		(1.85	)		0.87
Commercial		1.37			2.24			0.89			2.27			1.69

Commercial real estate		1.21			1.92			0.72			1.91			1.60

Total commercial		0.55			0.81			0.75			0.78			0.86

Consumer:
Automobile		0.40			0.04			0.27			0.30			0.25
Home equity		2.23			1.01			1.15			1.15			1.31
Residential mortgage		1.30			0.82			0.82			0.77			0.97
Other consumer		6.49			6.15			5.45			5.66			5.05

Total consumer		1.65			0.83			0.95			0.92			0.99

Net charge-offs as a % of average loans		1.05	%		0.82	%		0.85	%		0.85	%		0.92	%

Huntington Bancshares Incorporated

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

(Unaudited)


	2012									2011
(dollar amounts in thousands)	September 30,			June 30,			March 31,			December 31,			September 30,
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	109,452		$	133,678		$	142,492		$	201,846		$	209,632
Commercial real estate		148,986			219,417			205,105			229,889			257,086
Automobile		11,814			—			—			—			—
Residential mortgage		123,140			75,048			74,114			68,658			61,129
Home equity		51,654			46,023			45,847			40,687			37,156

Total nonaccrual loans and leases		445,046			474,166			467,558			541,080			565,003
Other real estate, net:
Residential⁽¹⁾		23,640			21,499			31,850			20,330			18,588
Commercial		30,566			17,109			16,897			18,094			19,418

Total other real estate, net		54,206			38,608			48,747			38,424			38,006
Other NPAs ⁽²⁾		10,476			10,476			10,772			10,772			10,972

Total nonperforming assets⁽¹⁾	$	509,728		$	523,250		$	527,077		$	590,276		$	613,981

Nonaccrual loans and leases as a % of total loans and leases		1.11	%		1.19	%		1.15	%		1.39	%		1.45	%
NPA ratio⁽³⁾		1.26			1.31			1.29			1.51			1.57

	2012									2011
	Third			Second			First			Fourth			Third
Nonperforming assets, beginning of period	$	523,250		$	527,077		$	590,276		$	613,981		$	652,937
New nonperforming assets⁽¹⁾		210,995	⁽⁴⁾		221,010			134,636			189,138			153,626
Franklin impact, net		—			—			—			(534	)		(349	)
Returns to accruing status		(45,729	)		(39,376	)		(32,056	)		(30,677	)		(25,794	)
Loan and lease losses		(78,308	)		(74,546	)		(75,366	)		(79,117	)		(79,992	)
OREO losses (gains)		73			(459	)		(295	)		(867	)		(242	)
Payments		(90,535	)		(63,530	)		(66,609	)		(91,734	)		(76,510	)
Sales		(10,018	)		(46,926	)		(23,509	)		(9,914	)		(9,695	)

Nonperforming assets, end of period	$	509,728		$	523,250		$	527,077		$	590,276		$	613,981

⁽¹⁾	Residential real estate owned properties acquired in the FDIC-assisted Fidelity Bank acquisition are reflected in the above table.

⁽²⁾	Other nonperforming assets represent an investment security backed by a municipal bond.

⁽³⁾	Nonperforming assets divided by the sum of loans and leases, net other real estate owned, and other NPAs.

⁽⁴⁾	Includes $63.0 million 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)


	2012									2011
(dollar amounts in thousands)	September 30,			June 30,			March 31,			December 31,			September 30,
Accruing loans and leases past due 90 days or more:
Commercial and industrial (1)	$	26,117		$	19,258		$	—		$	—		$	—
Commercial real estate (1)		45,131			38,125			—			—			—
Residential mortgage (excluding loans guaranteed by the U.S. Government)		10,688			15,457			35,604			45,198			32,850
Home equity		21,343			18,176			19,862			20,198			20,420
Other consumer		4,940			4,539			5,091			8,253			7,755

Total, excl. loans guaranteed by the U.S. Government		108,219			95,555			60,557			73,649			61,025
Add: loans guaranteed by U.S. Government		87,463			85,678			94,560			96,703			84,413

Total accruing loans and leases past due 90 days or more, including loans guaranteed by the U.S. Government	$	195,682		$	181,233		$	155,117		$	170,352		$	145,438

Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases		0.27	%		0.24	%		0.15	%		0.19	%		0.16	%
Guaranteed by U.S. Government, as a percent of total loans and leases		0.22			0.21			0.23			0.25			0.21
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases		0.49			0.45			0.38			0.44			0.37
Accruing troubled debt restructured loans: (2)
Commercial and industrial	$	55,809		$	57,008		$	53,795		$	54,007		$	77,509
Commercial real estate		222,155			202,190			231,923			249,968			244,089
Automobile		33,719			34,460			35,521			36,573			37,371
Home equity		92,763			66,997			59,270			52,224			47,712
Residential mortgage		280,890			298,967			294,836			309,678			304,365
Other consumer		2,644			3,038			4,233			6,108			4,513

Total accruing troubled debt restructured loans	$	687,980		$	662,660		$	679,578		$	708,558		$	715,559

Nonaccruing troubled debt restructured loans: (2)
Commercial and industrial	$	28,859		$	35,535		$	26,886		$	48,553		$	27,410
Commercial real estate		20,284			55,022			39,606			21,968			46,854
Automobile		11,814			—			—			—			—
Home equity		7,756			374			334			369			166
Residential mortgage		83,163			28,332			29,549			26,089			20,877
Other consumer		113			113			113			113			113

Total nonaccruing troubled debt restructured loans	$	151,989		$	119,376		$	96,488		$	97,092		$	95,420

(1)	All amounts represent accruing purchased impaired loans related to the FDIC-assisted Fidelity Bank acquisition. Under the applicable accounting guidance (ASC 310-30), the loans were recorded at fair value upon acquisition and remain in accruing status.

(2)	No loans related to the FDIC-assisted Fidelity Bank acquisition were considered troubled debt restructured loans at March 31, 2012.

Huntington Bancshares Incorporated

Quarterly Common Stock Summary, Capital, and Other Data

(Unaudited)

Quarterly common stock summary


	2012									2011
(dollar amounts in thousands, except per share amounts)	Third			Second			First			Fourth			Third
Common stock price, per share
High⁽¹⁾	$	7.200		$	6.770		$	6.580		$	5.650		$	6.740
Low⁽¹⁾		6.160			5.840			5.490			4.670			4.460
Close		6.895			6.400			6.445			5.490			4.800
Average closing price		6.561			6.367			5.974			5.178			5.370
Dividends, per share
Cash dividends declared per common share	$	0.04		$	0.04		$	0.04		$	0.04		$	0.04
Common shares outstanding
Average - basic		857,871			862,261			864,499			864,136			863,911
Average - diluted		863,588			867,551			869,164			868,156			867,633
Ending		855,485			858,401			864,675			864,406			864,075
Book value per common share	$	6.34		$	6.13		$	5.97		$	5.82		$	5.83
Tangible book value per common share⁽²⁾		5.71			5.49			5.33			5.18			5.17
Common share repurchases
Number of shares repurchased		3,742			6,426			—			—			—

	2012									2011
(dollar amounts in millions)	September 30,			June 30,			March 31,			December 31,			September 30,
Calculation of tangible equity / asset ratio:
Total shareholders’ equity	$	5,808		$	5,649		$	5,550		$	5,418		$	5,400
Less: goodwill		(444	)		(444	)		(444	)		(444	)		(444	)
Less: other intangible assets		(144	)		(159	)		(171	)		(175	)		(188	)
Add: related deferred tax liability⁽²⁾		50			56			60			61			66

Total tangible equity		5,270			5,102			4,995			4,860			4,834
Less: preferred equity		(386	)		(386	)		(386	)		(386	)		(363	)

Total tangible common equity	$	4,884		$	4,716		$	4,609		$	4,474		$	4,471

Total assets	$	56,443		$	56,623		$	55,877		$	54,451		$	54,979
Less: goodwill		(444	)		(444	)		(444	)		(444	)		(444	)
Less: other intangible assets		(144	)		(159	)		(171	)		(175	)		(188	)
Add: related deferred tax liability⁽²⁾		50			56			60			61			66

Total tangible assets	$	55,905		$	56,076		$	55,322		$	53,893		$	54,413

Tangible equity / tangible asset ratio		9.43	%		9.10	%		9.03	%		9.02	%		8.88	%
Tangible common equity / tangible asset ratio		8.74			8.41			8.33			8.30			8.22
Tier 1 common risk-based capital ratio:⁽⁴⁾
Tier 1 capital	$	5,720		$	5,714		$	5,709		$	5,557		$	5,488
Shareholders’ preferred equity		(386	)		(386	)		(386	)		(386	)		(363	)
Trust preferred securities		(335	)		(449	)		(532	)		(532	)		(565	)
REIT preferred stock		(50	)		(50	)		(50	)		(50	)		(50	)

Tier 1 common	$	4,949		$	4,829		$	4,741		$	4,589		$	4,510

Total risk-weighted assets⁽⁴⁾	$	48,154		$	47,890		$	46,716		$	45,891		$	44,376
Tier 1 common risk-based capital ratio⁽⁴⁾		10.28	%		10.08	%		10.15	%		10.00	%		10.17	%
Other capital data:
Tier 1 leverage ratio⁽⁴⁾		10.29			10.34			10.55			10.28			10.24
Tier 1 risk-based capital ratio⁽⁴⁾		11.88			11.93			12.22			12.11			12.37
Total risk-based capital ratio⁽⁴⁾		14.36			14.42			14.76			14.77			15.11
Tangible common equity / risk-weighted assets ratio⁽⁴⁾		10.14			9.85			9.86			9.75			10.08
Other data:
Number of employees (full-time equivalent)		11,731			11,417			11,166			11,245			11,473
Number of domestic full-service branches⁽³⁾		699			682			669			668			650

⁽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⁾	September 30, 2012, figures are estimated.

Huntington Bancshares Incorporated

Consolidated Year To Date Average Balance Sheets

(Unaudited)


	YTD Average Balances
	Nine Months Ended September 30,						Change
(dollar amounts in millions)	2012			2011			Amount			Percent
Assets
Interest bearing deposits in banks	$	102		$	141		$	(39	)		(28	)%
Trading account securities		57			116			(59	)		(51	)
Federal funds sold and securities purchased under resale agreements		—			7			(7	)		(100	)
Loans held for sale		1,170			279			891			319
Available-for-sale and other securities:
Taxable		8,156			8,475			(319	)		(4	)
Tax-exempt		405			434			(29	)		(7	)

Total available-for-sale and other securities		8,561			8,909			(348	)		(4	)
Held-to-maturity securities - taxable		680			282			398			141
Loans and leases:⁽¹⁾
Commercial:
Commercial and industrial		15,756			13,387			2,369			18
Commercial real estate:
Construction		584			612			(28	)		(5	)
Commercial		5,299			5,676			(377	)		(7	)

Commercial real estate		5,883			6,288			(405	)		(6	)

Total commercial		21,639			19,675			1,964			10

Consumer:
Automobile		4,540			5,958			(1,418	)		(24	)
Home equity		8,305			7,869			436			6
Residential mortgage		5,201			4,607			594			13
Other consumer		463			539			(76	)		(14	)

Total consumer		18,509			18,973			(464	)		(2	)

Total loans and leases		40,148			38,648			1,500			4
Allowance for loan and lease losses		(908	)		(1,141	)		233			(20	)

Net loans and leases		39,240			37,507			1,733			5

Total earning assets		50,718			48,382			2,336			5

Cash and due from banks		967			1,358			(391	)		(29	)
Intangible assets		606			652			(46	)		(7	)
All other assets		4,163			4,196			(33	)		(1	)

Total assets	$	55,546		$	53,447		$	2,099			4	%

Liabilities and shareholders’ equity
Deposits:
Demand deposits - noninterest-bearing	$	11,890		$	7,958		$	3,932			49	%
Demand deposits - interest-bearing		5,800			5,499			301			5
Money market deposits		13,616			13,230			386			3
Savings and other domestic deposits		4,924			4,744			180			4
Core certificates of deposit		6,418			8,017			(1,599	)		(20	)

Total core deposits		42,648			39,448			3,200			8
Other domestic deposits of $250,000 or more		315			486			(171	)		(35	)
Brokered deposits and negotiable CDs		1,535			1,426			109			8
Deposits in foreign offices		381			374			7			2

Total deposits		44,879			41,734			3,145			8
Short-term borrowings		1,410			2,166			(756	)		(35	)
Federal Home Loan Bank advances		383			138			245			178
Subordinated notes and other long-term debt		2,179			3,266			(1,087	)		(33	)

Total interest-bearing liabilities		36,961			39,346			(2,385	)		(6	)

All other liabilities		1,081			975			106			11
Shareholders’ equity		5,614			5,168			446			9

Total liabilities and shareholders’ equity	$	55,546		$	53,447		$	2,099			4	%

⁽¹⁾	Includes nonaccrual loans.

Huntington Bancshares Incorporated

Consolidated Year To Date Net Interest Margin Analysis - Interest Income / Expense (1)

(Unaudited)


	YTD Interest Income /Expense
	Nine Months Ended September 30,
(dollar amounts in thousands)	2012		2011
Assets
Interest bearing deposits in banks	$	151	$	128
Trading account securities		608		1,265
Federal funds sold and securities purchased under resale agreements		—		5
Loans held for sale		30,094		9,174
Available-for-sale and other securities:
Taxable		141,260		160,201
Tax-exempt		12,691		14,013

Total available-for-sale and other securities		153,951		174,214
Held-to-maturity securities - taxable		16,589		6,346
Loans and leases:
Commercial:
Commercial and industrial		475,814		439,790
Commercial real estate:
Construction		16,811		16,476
Commercial		156,008		168,472

Commercial real estate		172,819		184,948

Total commercial		648,633		624,738

Consumer:
Automobile		163,124		224,928
Home equity		267,328		265,129
Residential mortgage		160,221		159,349
Other consumer		25,505		31,171

Total consumer		616,178		680,577

Total loans and leases		1,264,811		1,305,315

Total earning assets	$	1,466,204	$	1,496,447

Liabilities
Deposits:
Demand deposits - noninterest-bearing	$	—	$	—
Demand deposits - interest-bearing		2,845		3,915
Money market deposits		30,322		43,350
Savings and other domestic deposits		14,779		26,510
Core certificates of deposit		67,838		121,179

Total core deposits		115,784		194,954
Other domestic deposits of $250,000 or more		1,587		3,698
Brokered deposits and negotiable CDs		8,553		9,761
Deposits in foreign offices		526		672

Total deposits		126,450		209,085
Short-term borrowings		1,685		2,737
Federal Home Loan Bank advances		690		669
Subordinated notes and other long-term debt		45,974		58,374

Total interest-bearing liabilities		174,799		270,865

Net interest income	$	1,291,405	$	1,225,582

⁽¹⁾	Fully-taxable equivalent (FTE) income and expense calculated assuming a 35% tax rate. See page 21 for the FTE adjustment.

Huntington Bancshares Incorporated

Consolidated Year To Date Net Interest Margin Analysis

(Unaudited)


	YTD Average Rates (2)
	Nine Months Ended September 30,
	2012			2011
Fully-taxable equivalent basis⁽¹⁾
Assets
Interest bearing deposits in banks		0.20	%		0.12	%
Trading account securities		1.42			1.46
Federal funds sold and securities purchased under resale agreements		0.29			0.09
Loans held for sale		3.43			4.39
Available-for-sale and other securities:
Taxable		2.31			2.52
Tax-exempt		4.18			4.30

Total available-for-sale and other securities		2.40			2.61
Held-to-maturity securities - taxable		3.25			3.00
Loans and leases:⁽³⁾
Commercial:
Commercial and industrial		3.97			4.33
Commercial real estate:
Construction		3.78			3.55
Commercial		3.87			3.91

Commercial real estate		3.86			3.88

Total commercial		3.94			4.19

Consumer:
Automobile		4.80			5.05
Home equity		4.29			4.49
Residential mortgage		4.11			4.61
Other consumer		7.35			7.73

Total consumer		4.44			4.79

Total loans and leases		4.17			4.48

Total earning assets		3.86	%		4.14	%

Liabilities
Deposits:
Demand deposits - noninterest-bearing		—	%		—	%
Demand deposits - interest-bearing		0.07			0.10
Money market deposits		0.30			0.44
Savings and other domestic deposits		0.40			0.75
Core certificates of deposit		1.41			2.02

Total core deposits		0.50			0.83
Other domestic deposits of $250,000 or more		0.67			1.02
Brokered deposits and negotiable CDs		0.74			0.92
Deposits in foreign offices		0.18			0.24

Total deposits		0.51			0.83
Short-term borrowings		0.16			0.17
Federal Home Loan Bank advances		0.24			0.64
Subordinated notes and other long-term debt		2.81			2.38

Total interest bearing liabilities		0.63			0.92

Net interest rate spread		3.16			3.17
Impact of noninterest-bearing funds on margin		0.25			0.22

Net interest margin		3.40	%		3.39	%

Commercial Loan Derivative Impact

(Unaudited)


	YTD Average Rates (2)
	Nine Months Ended September 30,
	2012			2011
Fully-taxable equivalent basis⁽¹⁾
Commercial loans⁽²⁾⁽³⁾		3.65	%		3.82	%
Impact of commercial loan derivatives		0.28			0.37

Total commercial - as reported		3.94	%		4.19	%

Average 30 day LIBOR		0.22	%		0.23	%

⁽¹⁾	Fully-taxable equivalent (FTE) yields are calculated assuming a 35% tax rate. See page 21 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 Year To Date Income Statement Data⁽¹⁾

(Unaudited)


	Nine Months Ended September 30,						Change
(dollar amounts in thousands, except per share amounts)	2012			2011			Amount			Percent
Interest income	$	1,451,268		$	1,485,010		$	(33,742	)		(2	)%
Interest expense		174,799			270,865			(96,066	)		(35	)

Net interest income		1,276,469			1,214,145			62,324			5
Provision for credit losses		107,930			128,768			(20,838	)		(16	)

Net interest income after provision for credit losses		1,168,539			1,085,377			83,162			8

Service charges on deposit accounts		194,096			180,183			13,913			8
Trust services		90,509			90,607			(98	)		—
Electronic banking		61,279			93,415			(32,136	)		(34	)
Mortgage banking income		129,381			59,310			70,071			118
Brokerage income		54,811			61,679			(6,868	)		(11	)
Insurance income		54,051			51,564			2,487			5
Bank owned life insurance income		42,275			48,065			(5,790	)		(12	)
Capital markets fees		35,242			26,729			8,513			32
Gain on sale of loans		37,492			29,060			8,432			29
Automobile operating lease income		8,798			22,044			(13,246	)		(60	)
Securities gains (losses)		3,906			197			3,709			1,883
Other income		88,366			88,418			(52	)		—

Total noninterest income		800,206			751,271			48,935			7

Personnel costs		734,241			664,433			69,808			11
Outside data processing and other services		140,087			133,773			6,314			5
Net occupancy		82,152			82,288			(136	)		—
Equipment		76,367			66,660			9,707			15
Deposit and other insurance expense		52,003			59,211			(7,208	)		(12	)
Marketing		58,319			59,248			(929	)		(2	)
Professional services		44,712			53,826			(9,114	)		(17	)
Amortization of intangibles		34,902			40,143			(5,241	)		(13	)
Automobile operating lease expense		6,656			16,656			(10,000	)		(60	)
OREO and foreclosure expense		14,038			12,997			1,041			8
Gain on early extinguishment of debt		(798	)		—			(798	)		—
Other expense		122,569			108,991			13,578			12

Total noninterest expense		1,365,248			1,298,226			67,022			5

Income before income taxes		603,497			538,422			65,075			12
Provision for income taxes		129,754			122,667			7,087			6

Net income	$	473,743		$	415,755		$	57,988			14	%

Dividends on preferred shares		24,016			23,110			906			4

Net income applicable to common shares	$	449,727		$	392,645		$	57,082			15	%

Average common shares - basic		861,543			863,542			(1,999	)		—	%
Average common shares - diluted⁽²⁾		866,768			867,446			(678	)		—
Per common share
Net income - basic	$	0.52		$	0.45		$	0.07			16	%
Net income - diluted		0.52			0.45			0.07			16
Cash dividends declared		0.12			0.06			0.06			100
Return on average total assets		1.14	%		1.04	%		0.10			10	%
Return on average common shareholders’ equity		11.5			10.9			0.6			6
Return on average tangible common shareholders’ equity⁽³⁾		13.5			13.2			0.3			2
Net interest margin⁽⁴⁾		3.40			3.39			0.01			—
Efficiency ratio⁽⁵⁾		63.7			63.6			0.1			—
Effective tax rate		21.5			22.8			(1.3	)		(6	)
Revenue - fully taxable equivalent (FTE)
Net interest income	$	1,276,469		$	1,214,145		$	62,324			5	%
FTE adjustment⁽⁴⁾		14,936			11,437			3,499			31

Net interest income		1,291,405			1,225,582			65,823			5
Noninterest income		800,206			751,271			48,935			7

Total revenue	$	2,091,611		$	1,976,853		$	114,758			6	%

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

⁽²⁾

For all periods presented, the impact of the preferred stock issued in 2008 and the warrants issued to the U.S. Department of the Treasury in 2008 related to Huntington’s participation in the voluntary Capital Purchase Program was excluded from the diluted share calculation because the result was more than basic earnings per common share (anti-dilutive) for the periods. The preferred stock and warrants were repurchased in December 2010 and January 2011, respectively.

⁽³⁾

⁽⁴⁾	On a fully-taxable equivalent (FTE) basis assuming a 35% tax rate.

⁽⁵⁾	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).

Huntington Bancshares Incorporated

Year To Date Mortgage Banking Income

(Unaudited)


	Nine Months Ended September 30,						Change
(dollar amounts in thousands, except as noted)	2012			2011			Amount			Percent
Mortgage banking income
Origination and secondary marketing	$	102,348		$	46,969		$	55,379			118	%
Servicing fees		34,686			37,103			(2,417	)		(7	)
Amortization of capitalized servicing		(26,792	)		(28,556	)		1,764			(6	)
Other mortgage banking income		14,779			11,854			2,925			25

Subtotal		125,021			67,370			57,651			86
MSR valuation adjustment⁽¹⁾		(28,649	)		(46,912	)		18,263			(39	)
Net trading gains (losses) related to MSR hedging		33,009			38,852			(5,843	)		(15	)

Total mortgage banking income	$	129,381		$	59,310		$	70,071			118	%

Mortgage originations (in millions)	$	3,672		$	2,798		$	874			31	%
Average trading account securities used to hedge MSRs (in millions)		4			25			(21	)		(84	)
Capitalized mortgage servicing rights⁽²⁾		108,074			145,277			(37,203	)		(26	)
Total mortgages serviced for others (in millions)⁽²⁾		15,571			16,061			(490	)		(3	)
MSR % of investor servicing portfolio		0.69	%		0.90	%		(0.21	)%		(23	)

Net impact of MSR hedging
MSR valuation adjustment⁽¹⁾	$	(28,649	)	$	(46,912	)	$	18,263			(39	)%
Net trading gains (losses) related to MSR hedging		33,009			38,852			(5,843	)		(15	)
Net interest income related to MSR hedging		(26	)		200			(226	)		(113	)

Net gain (loss) on MSR hedging	$	4,334		$	(7,860	)	$	12,194			(155	)%

⁽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

Year to Date Credit Reserves Analysis

(Unaudited)


	Nine Months Ended September 30,
(dollar amounts in thousands)	2012			2011
Allowance for loan and lease losses, beginning of period	$	964,828		$	1,249,008
Loan and lease losses		(348,238	)		(443,607	)
Recoveries of loans previously charged off		75,906			90,435

Net loan and lease losses		(272,332	)		(353,172	)

Provision for loan and lease losses		102,823			132,116
Allowance of assets sold or transferred to loan held for sale		(6,177	)		(8,242	)

Allowance for loan and lease losses, end of period	$	789,142		$	1,019,710

Allowance for unfunded loan commitments and letters of credit, beginning of period	$	48,456		$	42,127
Provision for (reduction in) unfunded loan commitments and letters of credit losses		5,107			(3,348	)

Allowance for unfunded loan commitments and letters of credit, end of period	$	53,563		$	38,779

Total allowance for credit losses	$	842,705		$	1,058,489

Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases		1.96	%		2.61	%
Nonaccrual loans and leases (NALs)		177			180
Nonperforming assets (NPAs)		155			166
Total allowance for credit losses (ACL) as % of:
Total loans and leases		2.09	%		2.71	%
Nonaccrual loans and leases (NALs)		189			187
Nonperforming assets (NPAs)		165			172

Huntington Bancshares Incorporated

Year to Date Net Charge-Off Analysis

(Unaudited)


	Nine Months Ended September 30,
(dollar amounts in thousands)	2012			2011
Net charge-offs by loan and lease type:
Commercial:
Commercial and industrial	$	57,196		$	78,786
Commercial real estate:
Construction		(2,997	)		33,995
Commercial		60,055			85,723

Commercial real estate		57,058			119,718

Total commercial		114,254			198,504

Consumer:
Automobile		7,546			10,830
Home equity		91,370			78,378
Residential mortgage		38,236			46,949
Other consumer		20,926			18,511

Total consumer		158,078			154,668

Total net charge-offs	$	272,332		$	353,172

Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial		0.48	%		0.78	%
Commercial real estate:
Construction		(0.68	)		7.41
Commercial		1.51			2.01

Commercial real estate		1.29			2.54

Total commercial		0.70			1.35

Consumer:
Automobile		0.22			0.24
Home equity		1.47			1.33
Residential mortgage		0.98			1.36
Other consumer		6.03			4.58

Total consumer		1.14			1.09

Net charge-offs as a % of average loans		0.90	%		1.22	%

Huntington Bancshares Incorporated

Year to Date Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)

(Unaudited)


	September 30,
(dollar amounts in thousands)	2012			2011
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	109,452		$	209,632
Commercial real estate		148,986			257,086
Automobile		11,814			—
Residential mortgage		123,140			61,129
Home equity		51,654			37,156

Total nonaccrual loans and leases		445,046			565,003
Other real estate, net:
Residential (1)		23,640			18,588
Commercial		30,566			19,418

Total other real estate, net		54,206			38,006
Other NPAs (2)		10,476			10,972

Total nonperforming assets (1)	$	509,728		$	613,981

Nonaccrual loans and leases as a % of total loans and leases		1.11	%		1.45	%
NPA ratio (3)		1.26			1.57

	Nine Months Ended September 30,
(dollar amounts in thousands)	2012			2011
Nonperforming assets, beginning of period	$	590,276		$	844,752
New nonperforming assets (1)		566,641	⁽⁴⁾		555,925
Franklin impact, net		—			(8,943	)
Returns to accruing status		(117,161	)		(165,109	)
Loan and lease losses		(228,220	)		(283,667	)
OREO losses (gains)		(681	)		1,638
Payments		(220,674	)		(236,560	)
Sales		(80,453	)		(94,055	)

Nonperforming assets, end of period	$	509,728		$	613,981

(1)	Residential real estate owned properties acquired in the FDIC-assisted Fidelity Bank acquisition are reflected in the above table.

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

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

(4)	Includes $63.0 million related to Chapter 7 bankruptcy loans.

Huntington Bancshares Incorporated

Year to Date Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans

(Unaudited)


	September 30,
(dollar amounts in thousands)	2012			2011
Accruing loans and leases past due 90 days or more:
Commercial and industrial (1)	$	26,117		$	—
Commercial real estate (1)		45,131			—
Residential mortgage (excluding loans guaranteed by the U.S. Government)		10,688			32,850
Home equity		21,343			20,420
Other consumer		4,940			7,755

Total, excl. loans guaranteed by the U.S. Government		108,219			61,025
Add: loans guaranteed by U.S. Government		87,463			84,413

Total accruing loans and leases past due 90 days or more, including loans guaranteed by the U.S. Government	$	195,682		$	145,438

Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases		0.27	%		0.16	%
Guaranteed by U.S. Government, as a percent of total loans and leases		0.22	%		0.21	%
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases		0.49	%		0.37	%
Accruing troubled debt restructured loans: (2)
Commercial and industrial	$	55,809		$	77,509
Commercial real estate		222,155			244,089
Automobile		33,719			37,371
Home equity		92,763			47,712
Residential mortgage		280,890			304,365
Other consumer		2,644			4,513

Total accruing troubled debt restructured loans	$	687,980		$	715,559

Nonaccruing troubled debt restructured loans: (2)
Commercial and industrial	$	28,859		$	27,410
Commercial real estate		20,284			46,854
Automobile		11,814			—
Home equity		7,756			166
Residential mortgage		83,163			20,877
Other consumer		113			113

Total nonaccruing troubled debt restructured loans	$	151,989		$	95,420

(1)	All amounts represent accruing purchased impaired loans related to the FDIC-assisted Fidelity Bank acquisition. Under the applicable accounting guidance (ASC 310-30), the loans were recorded at fair value upon acquisition and remain in accruing status.

(2)	No loans related to the FDIC-assisted Fidelity Bank acquisition were considered troubled debt restructured loans at March 31, 2012.

HUNTINGTON BANCSHARES INC /MD/ - FORM 8-K - EX-99.3 - October 18, 2012

Attached files

HUNTINGTON BANCSHARES INC /MD/ Reports