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

Attached files

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EX-99.1 - EXHIBIT 99.1 - HUNTINGTON BANCSHARES INC /MD/	hban20160930_8kex991.htm
8-K - 8-K - HUNTINGTON BANCSHARES INC /MD/	hban20160930_8k.htm

Exhibit 99.2

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Supplement

September 30, 2016

Table of Contents



Quarterly Key Statistics	1

Year to Date Key Statistics	2

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)	15

Quarterly Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans	17

Quarterly Capital Under Current Regulatory Standards (Basel III) and Other Capital Data	18

Quarterly Common Stock Summary, Non-Regulatory Capital, and Other Data	19

Consolidated Year to Date Average Balance Sheets	20

Consolidated Year to Date Net Interest Margin - Interest Income / Expense	21

Consolidated Year to Date Net Interest Margin - Yield	22

Selected Year to Date Income Statement Data	23

Year to Date Mortgage Banking Income	24

Year to Date Credit Reserves Analysis	25

Year to Date Net Charge-Off Analysis	26

Year to Date Nonaccrual Loans and Leases (NALs) and Nonperforming Assets (NPAs)	28

Year to Date Accruing Past Due Loans and Leases and Accruing and Nonaccruing Troubled Debt Restructured Loans	30

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.

Fully-Taxable Equivalent Basis

Interest income, yields, and ratios on a FTE basis are considered non-GAAP financial measures. Management believes net interest income on a FTE basis provides a more accurate picture of the interest margin for comparison purposes. The FTE basis also allows management to assess the comparability of revenue arising from both taxable and tax-exempt sources. The FTE basis assumes a federal statutory tax rate of 35 percent.

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, and


•	Tangible common equity to risk-weighted assets using Basel III 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.

Huntington Bancshares Incorporated

Quarterly Key Statistics(1)

(Unaudited)



	Three months ended
	September 30,			June 30,			September 30,			Percent Changes vs.
(dollar amounts in thousands, except as noted)	2016			2016			2015			2Q16		3Q15
Net interest income (3)	$	635,988		$	515,972		$	503,623		23	%	26	%
FTE adjustment	(10,598		)	(10,091		)	(8,168		)	5		30
Net interest income	625,390			505,881			495,455			24		26
Provision for credit losses	63,805			24,509			22,476			160		184
Noninterest income	302,415			271,112			253,119			12		19
Noninterest expense	712,247			523,661			526,508			36		35
Income before income taxes	151,753			228,823			199,590			(34	)	(24	)
Provision for income taxes	24,749			54,283			47,002			(54	)	(47	)
Net income	127,004			174,540			152,588			(27	)	(17	)
Dividends on preferred shares	18,537			19,874			7,968			(7	)	133
Net income applicable to common shares	$	108,467		$	154,666		$	144,620		(30	)%	(25	)%

Net income per common share - diluted	$	0.11		$	0.19		$	0.18		(42	)%	(39	)%
Cash dividends declared per common share	0.07			0.07			0.06			—		17
Tangible book value per common share at end of period	6.48			7.29			6.88			(11	)	(6	)
Number of common shares repurchased	—			—			6,764			—		—
Average common shares - basic	938,578			798,167			800,883			18		17
Average common shares - diluted	952,081			810,371			814,326			17		17
Ending common shares outstanding	1,084,783			799,154			796,659			36		36
Return on average assets	0.58		%	0.96		%	0.87		%
Return on average common shareholders’ equity	5.4			9.6			9.3
Return on average tangible common shareholders’ equity(2)	7.0			11.0			10.7
Net interest margin(3)	3.18			3.06			3.16
Efficiency ratio(4)	75.0			66.1			69.1
Effective tax rate	16.3			23.7			23.5
Average total assets (millions)	$	86,898		$	73,123		$	69,281		19		25
Average earning assets (millions)	79,687			67,863			63,323			17		26
Average loans and leases (millions)	60,722			51,932			49,046			17		24
Average loans and leases - linked quarter annualized growth rate	67.7		%	10.4		%	9.6		%
Average total deposits (millions)	$	66,502		$	55,414		$	54,379		20		22
Average core deposits(5) (millions)	62,022			51,895			50,891			20		22
Average core deposits - linked quarter annualized growth rate	78.1		%	4.1		%	13.8		%
Average shareholders’ equity (millions)	$	8,994		$	7,362		$	6,573		22		37
Average common total shareholders' equity (millions)	7,972			6,465			6,186			23		29
Average tangible common shareholders' equity (millions)	6,509			5,756			5,469			13		19
Total assets at end of period (millions)	100,765			73,954			70,186			36		44
Total shareholders’ equity at end of period (millions)	10,387			7,507			6,583			38		58

NCOs as a % of average loans and leases	0.26		%	0.13		%	0.13		%
NAL ratio	0.61			0.88			0.72
NPA ratio(6)	0.72			0.93			0.77
Allowance for loan and lease losses (ALLL) as a % of total loans and leases at the end of period	0.93			1.19			1.19
ALLL plus allowance for unfunded loan commitments and letters of credit (ACL) as a % of total loans and leases at the end of period	1.06			1.33			1.32
ACL as a % of NALs	174			151			184
ACL as a % of NPAs	148			142			172
Common equity tier 1 risk-based capital ratio(7)	9.09			9.80			9.72
Tangible common equity / tangible asset ratio(8)	7.14			7.96			7.89

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 as noted)	2016			2015			Amount			Percent
Net interest income(3)	$	1,664,185		$	1,477,516		$	186,669		13	%
FTE adjustment	(29,848		)	(23,690		)	(6,158		)	26
Net interest income	1,634,337			1,453,826			180,511			12
Provision for credit losses	115,896			63,486			52,410			83
Noninterest income	815,394			766,515			48,879			6
Noninterest expense	1,726,988			1,477,142			249,846			17
Income before income taxes	606,847			679,713			(72,866		)	(11	)
Provision for income taxes	133,989			165,065			(31,076		)	(19	)
Net Income	472,858			514,648			(41,790		)	(8	)
Dividends on preferred shares	46,409			23,901			22,508			94
Net income applicable to common shares	$	426,449		$	490,747		$	(64,298	)	(13	)%

Net income per common share - diluted	$	0.50		$	0.60		$	(0.10	)	(17	)%
Cash dividends declared per common share	0.21			0.18			0.03			17

Average common shares - basic	844,167			805,851			38,316			5
Average common shares - diluted	856,934			819,458			37,476			5

Return on average assets	0.82		%	1.01		%
Return on average common shareholders’ equity	8.2			10.7
Return on average tangible common shareholders’ equity(2)	9.8			12.4
Net interest margin(3)	3.12			3.17
Efficiency ratio(4)	69.0			64.8
Effective tax rate	22.1			24.3

Average total assets (millions)	$	77,241		$	67,805		$	9,436		14
Average earning assets (millions)	71,292			62,369			8,923			14
Average loans and leases (millions)	54,447			48,245			6,202			13
Average total deposits (millions)	58,993			53,057			5,936			11
Average core deposits(5) (millions)	55,119			49,627			5,492			11
Average shareholders’ equity (millions)	7,708			6,502			1,206			19
Average common total shareholders' equity (millions)	6,924			6,116			808			13
Average tangible common shareholders' equity (millions)	5,961			5,446			515			9

NCOs as a % of average loans and leases	0.16		%	0.18		%
NAL ratio	0.61			0.72
NPA ratio(6)	0.72			0.77

See Notes to the Year to Date 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 applicable to common shares 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 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)	September 30, 2016, 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



	September 30,			December 31,
(dollar amounts in thousands, except number of shares)	2016			2015			Percent Changes
	(Unaudited)
Assets
Cash and due from banks	$	1,661,939		$	847,156		96	%
Interest-bearing deposits in banks	51,113			51,838			(1	)
Trading account securities	36,071			36,997			(3	)
Loans held for sale	3,414,497			474,621			619
Available-for-sale and other securities	16,470,374			8,775,441			88
Held-to-maturity securities	5,301,387			6,159,590			(14	)
Loans and leases(1)	66,304,466			50,341,099			32
Allowance for loan and lease losses	(616,898		)	(597,843		)	3
Net loans and leases	65,687,568			49,743,256			32
Bank owned life insurance	2,422,692			1,757,668			38
Premises and equipment	828,440			620,540			34
Goodwill	2,004,348			676,869			196
Other intangible assets	428,774			54,978			680
Servicing rights	180,938			189,237			(4	)
Accrued income and other assets	2,277,271			1,630,110			40
Total assets	$	100,765,412		$	71,018,301		42	%

Liabilities and shareholders’ equity
Liabilities
Deposits(2)	$	77,405,096		$	55,294,979		40	%
Short-term borrowings	2,148,118			615,279			249
Long-term debt	8,998,571			7,041,364			28
Accrued expenses and other liabilities	1,826,862			1,472,073			24
Total liabilities	90,378,647			64,423,695			40

Shareholders' equity
Preferred stock	1,071,227			386,291			177
Common stock	10,877			7,970			36
Capital surplus	9,863,149			7,038,502			40
Less treasury shares, at cost	(26,933		)	(17,932		)	50
Accumulated other comprehensive loss	(172,175		)	(226,158		)	(24	)
Retained (deficit) earnings	(359,380		)	(594,067		)	(40	)
Total shareholders’ equity	10,386,765			6,594,606			58
Total liabilities and shareholders’ equity	$	100,765,412		$	71,018,301		42	%

Common shares authorized (par value of $0.01)	1,500,000,000			1,500,000,000
Common shares issued	1,087,731,489			796,969,694
Common shares outstanding	1,084,782,727			794,928,886
Treasury shares outstanding	2,948,762			2,040,808
Preferred stock, authorized shares	6,617,808			6,617,808
Preferred shares issued	2,702,571			1,967,071
Preferred shares outstanding	1,098,006			398,006


(1)	See pages 5-6 for detail of loans and leases.


(2)	See page 7 for detail of deposits.

Huntington Bancshares Incorporated

Loans and Leases Composition

(Unaudited)



	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2016				2016				2016				2015				2015

Ending Balances by Type:
Originated loans
Commercial:
Commercial and industrial	$	21,025	41	%	$	21,372	41	%	$	21,254	41	%	$	20,560	41	%	$	20,040	40	%
Commercial real estate:
Construction	934		2		856		2		939		2		1,031		2		1,110		2
Commercial	4,569		8		4,466		7		4,343		8		4,237		8		4,294		9
Commercial real estate	5,503		10		5,322		9		5,282		10		5,268		10		5,404		11
Total commercial	26,528		51		26,694		50		26,536		51		25,828		51		25,444		51
Consumer:
Automobile	9,283		18		10,381		20		9,920		19		9,481		19		9,160		19
Home equity	8,626		17		8,447		17		8,422		17		8,471		17		8,461		17
Residential mortgage	6,591		13		6,377		12		6,082		12		5,998		12		6,071		12
RV and marine finance	78		—		—		—		—		—		—		—		—		—
Other consumer	718		1		644		1		579		1		563		1		520		1
Total consumer	25,296		49		25,849		50		25,003		49		24,513		49		24,212		49
Total originated loans and leases	$	51,824	100	%	$	52,543	100	%	$	51,539	100	%	$	50,341	100	%	$	49,656	100	%

Acquired loans (1)
Commercial:
Commercial and industrial	$	6,643	46	%
Commercial real estate:
Construction	480		3
Commercial	1,273		10
Commercial real estate	1,753		13
Total commercial	8,396		59
Consumer:
Automobile	1,508		10
Home equity	1,494		10
Residential mortgage	1,074		7
RV and marine finance	1,762		12
Other consumer	246		2
Total consumer	6,084		41
Total acquired loans and leases	$	14,480	100	%

Total loans
Commercial:
Commercial and industrial	$	27,668	42	%	$	21,372	41	%	$	21,254	41	%	$	20,560	41	%	$	20,040	40	%
Commercial real estate:
Construction	1,414		2		856		2		939		2		1,031		2		1,110		2
Commercial	5,842		9		4,466		7		4,343		8		4,237		8		4,294		9
Commercial real estate	7,256		11		5,322		9		5,282		10		5,268		10		5,404		11
Total commercial	34,924		53		26,694		50		26,536		51		25,828		51		25,444		51
Consumer:
Automobile	10,791		16		10,381		20		9,920		19		9,481		19		9,160		19
Home equity	10,120		15		8,447		17		8,422		17		8,471		17		8,461		17
Residential mortgage	7,665		12		6,377		12		6,082		12		5,998		12		6,071		12
RV and marine finance	1,840		3		—		—		—		—		—		—		—		—
Other consumer	964		1		644		1		579		1		563		1		520		1
Total consumer	31,380		47		25,849		50		25,003		49		24,513		49		24,212		49
Total loans and leases	$	66,304	100	%	$	52,543	100	%	$	51,539	100	%	$	50,341	100	%	$	49,656	100	%


(1)	Represents loans from FirstMerit acquisition.

Huntington Bancshares Incorporated

Loans and Leases Composition

(Unaudited)



	September 30,				June 30,				March 31,					December 31,				September 30,
	2016				2016				2016					2015				2015
Ending Balances by Business Segment:
Retail and Business Banking	$	17,658	27	%	$	13,811	26	%	$	13,637		26	%	$	13,681	27	%	$	13,648	28	%
Commercial Banking	19,151		29		14,202		27		14,073			27		13,409		27		13,144		26
AFCRE	22,043		33		17,800		34		17,412			34		16,864		33		16,411		33
RBHPCG	4,618		7		4,024		8		3,876			8		3,021		6		2,992		6
Home Lending	2,768		4		2,659		5		2,552			5		3,366		7		3,437		7
Treasury / Other	66		—		47		—		(11		)	—		—		—		24		—
Total loans and leases	$	66,304	100	%	$	52,543	100	%	$	51,539		100	%	$	50,341	100	%	$	49,656	100	%

Average Balances by Business Segment:
Retail and Business Banking	$	15,731	26	%	$	13,730	26	%	$	13,619		27	%	$	13,686	28	%	$	13,704	28	%
Commercial Banking	17,159		28		14,033		27		13,499			27		13,132		26		12,937		26
AFCRE	20,699		34		17,554		34		17,023			34		16,494		33		15,895		33
RBHPCG	4,318		8		3,934		8		3,852			7		2,990		6		2,979		6
Home Lending	2,702		4		2,583		5		2,533			5		3,434		7		3,438		7
Treasury / Other	113		—		98		—		92			—		91		—		93		—
Total loans and leases	$	60,722	100	%	$	51,932	100	%	$	50,618		100	%	$	49,827	100	%	$	49,046	100	%

Huntington Bancshares Incorporated

Deposits Composition

(Unaudited)



	September 30,				June 30,				March 31,				December 31,				September 30,
(dollar amounts in millions)	2016				2016				2016				2015				2015

Ending Balances by Type:
Demand deposits - noninterest-bearing	$	23,426	30	%	$	16,324	30	%	$	16,571	30	%	$	16,480	30	%	$	16,935	31	%
Demand deposits - interest-bearing	15,730		20		8,412		15		8,174		15		7,682		14		6,574		12
Money market deposits	18,604		24		19,480		34		19,844		35		19,792		36		19,494		36
Savings and other domestic deposits	12,418		16		5,341		10		5,423		10		5,246		9		5,189		10
Core certificates of deposit	2,724		4		1,866		4		2,123		4		2,382		4		2,483		5
Total core deposits	72,902		94		51,423		93		52,135		94		51,582		93		50,675		94
Other domestic deposits of $250,000 or more	391		1		380		1		424		1		501		1		263		—
Brokered deposits and negotiable CDs	3,972		5		3,017		6		2,890		5		2,944		5		2,904		5
Deposits in foreign offices	140		—		223		—		180		—		268		1		403		1
Total deposits	$	77,405	100	%	$	55,043	100	%	$	55,629	100	%	$	55,295	100	%	$	54,245	100	%
Total core deposits:
Commercial	$	32,936	45	%	$	24,308	47	%	$	24,543	47	%	$	24,474	47	%	$	24,886	49	%
Consumer	39,966		55		27,115		53		27,592		53		27,108		53		25,789		51
Total core deposits	$	72,902	100	%	$	51,423	100	%	$	52,135	100	%	$	51,582	100	%	$	50,675	100	%

Ending Balances by Business Segment:
Retail and Business Banking	$	45,082	58	%	$	31,287	57	%	$	31,502	57	%	$	30,964	56	%	$	30,055	55	%
Commercial Banking	16,434		21		10,353		19		11,258		20		11,499		21		11,898		22
AFCRE	1,772		2		1,693		3		1,608		3		1,649		3		1,524		3
RBHPCG	8,705		11		7,970		14		7,690		14		7,530		14		7,227		13
Home Lending	500		1		335		1		334		1		362		—		305		1
Treasury / Other(1)	4,912		7		3,405		6		3,237		5		3,291		6		3,236		6
Total deposits	$	77,405	100	%	$	55,043	100	%	$	55,629	100	%	$	55,295	100	%	$	54,245	100	%



	September 30,				June 30,				March 31,				December 31,				September 30,
	2016				2016				2016				2015				2015
Average Balances by Business Segment:
Retail and Business Banking	$	38,076	57	%	$	31,484	57	%	$	30,985	56	%	$	30,622	55	%	$	30,213	56	%
Commercial Banking	13,664		21		10,769		19		11,375		20		11,831		21		11,647		21
AFCRE	1,704		3		1,656		3		1,629		3		1,629		3		1,495		3
RBHPCG	8,326		13		7,876		14		7,480		14		7,706		14		7,550		14
Home Lending	447		1		386		1		316		1		349		1		342		1
Treasury / Other(1)	4,285		5		3,243		6		3,194		6		3,201		6		3,132		5
Total deposits	$	66,502	100	%	$	55,414	100	%	$	54,979	100	%	$	55,338	100	%	$	54,379	100	%


(1)	Comprised primarily of national market deposits.

Huntington Bancshares Incorporated

Consolidated Quarterly Average Balance Sheets

(Unaudited)



	Quarterly Average Balances (2)
	September 30,			June 30,			March 31,			December 31,			September 30,			Percent Changes vs.
(dollar amounts in millions)	2016			2016			2016			2015			2015			2Q16		3Q15
Assets
Interest-bearing deposits in banks	$	95		$	99		$	98		$	89		$	89		(4	)%	7	%
Loans held for sale	695			571			433			502			464			22		50
Securities:
Available-for-sale and other securities:
Taxable	9,785			6,904			6,633			8,099			8,310			42		18
Tax-exempt	2,854			2,510			2,358			2,257			2,136			14		34
Total available-for-sale and other securities	12,639			9,414			8,991			10,356			10,446			34		21
Trading account securities	49			41			40			39			52			20		(6	)
Held-to-maturity securities - taxable	5,487			5,806			6,054			4,148			3,226			(5	)	70
Total securities	18,175			15,261			15,085			14,543			13,724			19		32
Loans and leases:(1)
Commercial:
Commercial and industrial	24,957			21,344			20,649			20,186			19,802			17		26
Commercial real estate:
Construction	1,132			881			923			1,108			1,101			28		3
Commercial	5,227			4,345			4,283			4,158			4,193			20		25
Commercial real estate	6,359			5,226			5,206			5,266			5,294			22		20
Total commercial	31,316			26,570			25,855			25,452			25,096			18		25
Consumer:
Automobile	11,402			10,146			9,730			9,286			8,879			12		28
Home equity	9,260			8,416			8,441			8,463			8,526			10		9
Residential mortgage	7,008			6,187			6,018			6,079			6,048			13		16
RV and marine finance	915			—			—			—			—			N.R.		N.R.
Other consumer	821			613			574			547			497			34		65
Total consumer	29,406			25,362			24,763			24,375			23,950			16		23
Total loans and leases	60,722			51,932			50,618			49,827			49,046			17		24
Allowance for loan and lease losses	(623		)	(616		)	(604		)	(595		)	(609		)	1		2
Net loans and leases	60,099			51,316			50,014			49,232			48,437			17		24
Total earning assets	79,687			67,863			66,234			64,961			63,323			17		26
Cash and due from banks	1,325			1,001			1,013			1,468			1,555			32		(15	)
Intangible assets	1,547			726			730			734			739			113		109
All other assets	4,962			4,149			4,223			4,233			4,273			20		16
Total assets	$	86,898		$	73,123		$	71,596		$	70,801		$	69,281		19	%	25	%
Liabilities and shareholders’ equity
Deposits:
Demand deposits - noninterest-bearing	$	20,033		$	16,507		$	16,334		$	17,174		$	17,017		21	%	18	%
Demand deposits - interest-bearing	12,362			8,445			7,776			6,923			6,604			46		87
Total demand deposits	32,395			24,952			24,110			24,097			23,621			30		37
Money market deposits	18,453			19,534			19,682			19,843			19,512			(6	)	(5	)
Savings and other domestic deposits	8,889			5,402			5,306			5,215			5,224			65		70
Core certificates of deposit	2,285			2,007			2,265			2,430			2,534			14		(10	)
Total core deposits	62,022			51,895			51,363			51,585			50,891			20		22
Other domestic deposits of $250,000 or more	382			402			455			426			217			(5	)	76
Brokered deposits and negotiable CDs	3,904			2,909			2,897			2,929			2,779			34		40
Deposits in foreign offices	194			208			264			398			492			(7	)	(61	)
Total deposits	66,502			55,414			54,979			55,338			54,379			20		22
Short-term borrowings	1,306			1,032			1,145			524			844			27		55
Long-term debt	8,488			7,899			7,202			6,788			6,043			7		40
Total interest-bearing liabilities	56,263			47,838			46,992			45,476			44,249			18		27
All other liabilities	1,608			1,416			1,515			1,515			1,442			14		12
Shareholders’ equity	8,994			7,362			6,755			6,636			6,573			22		37
Total liabilities and shareholders’ equity	$	86,898		$	73,123		$	71,596		$	70,801		$	69,281		19	%	25	%

N.R. Not relevant.


(1)	Includes nonaccrual loans.


(2)	Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Interest Income / Expense(1)(2)

(Unaudited)



	Quarterly Interest Income / Expense
	September 30,		June 30,		March 31,		December 31,		September 30,
(dollar amounts in thousands)	2016		2016		2016		2015		2015
Assets
Interest-bearing deposits in banks	$	152	$	63	$	51	$	17	$	13
Loans held for sale	6,135		5,546		4,322		5,324		4,422
Securities:
Available-for-sale and other securities:
Taxable	57,572		40,992		39,614		50,582		52,141
Tax-exempt	21,474		21,223		20,030		17,803		16,671
Total available-for-sale and other securities	79,046		62,215		59,644		68,385		68,812
Trading account securities	71		101		50		106		128
Held-to-maturity securities - taxable	33,098		35,420		36,789		25,394		19,812
Total securities	112,215		97,736		96,483		93,885		88,752
Loans and leases:
Commercial:
Commercial and industrial	234,853		188,375		183,930		179,233		180,997
Commercial real estate:
Construction	10,866		8,231		8,198		9,752		9,917
Commercial	47,353		36,763		38,820		35,215		36,785
Commercial real estate	58,219		44,994		47,018		44,967		46,702
Total commercial	293,072		233,369		230,948		224,200		227,699
Consumer:
Automobile	96,585		79,574		76,717		75,323		72,341
Home equity	98,014		87,279		88,072		85,491		86,254
Residential mortgage	63,217		56,509		55,510		55,702		56,048
RV and marine finance	13,102		—		—		—		—
Other consumer	22,452		15,673		14,307		12,636		11,116
Total consumer	293,370		239,035		234,606		229,152		225,759
Total loans and leases	586,442		472,404		465,554		453,352		453,458
Total earning assets	$	704,944	$	575,749	$	566,410	$	552,578	$	546,645

Liabilities
Deposits:
Demand deposits - noninterest-bearing	$	—	$	—	$	—	$	—	$	—
Demand deposits - interest-bearing	3,430		1,939		1,679		1,390		1,211
Total demand deposits	3,430		1,939		1,679		1,390		1,211
Money market deposits	10,945		11,676		11,768		11,545		11,200
Savings and other domestic deposits	4,604		1,442		1,660		1,811		1,840
Core certificates of deposit	2,469		3,938		4,623		5,068		5,135
Total core deposits	21,448		18,995		19,730		19,814		19,386
Other domestic deposits of $250,000 or more	386		399		460		433		237
Brokered deposits and negotiable CDs	4,336		2,861		2,742		1,399		1,178
Deposits in foreign offices	63		68		86		132		163
Total deposits	26,233		22,323		23,018		21,778		20,964
Short-term borrowings	959		913		898		119		192
Long-term debt	41,764		36,541		30,269		25,345		21,866
Total interest bearing liabilities	68,956		59,777		54,185		47,242		43,022
Net interest income	$	635,988	$	515,972	$	512,225	$	505,336	$	503,623


(1)	Fully-taxable equivalent (FTE) income and expense calculated assuming a 35% tax rate. See page 11 for the FTE adjustment.


(2)	Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.

Huntington Bancshares Incorporated

Consolidated Quarterly Net Interest Margin - Yield

(Unaudited)



	Quarterly Average Rates(2)
	September 30,		June 30,		March 31,		December 31,		September 30,
Fully-taxable equivalent basis(1)	2016		2016		2016		2015		2015
Assets
Interest-bearing deposits in banks	0.64	%	0.25	%	0.21	%	0.08	%	0.06	%
Loans held for sale	3.53		3.89		3.99		4.24		3.81
Securities:
Available-for-sale and other securities:
Taxable	2.35		2.37		2.39		2.50		2.51
Tax-exempt	3.01		3.38		3.40		3.15		3.12
Total available-for-sale and other securities	2.50		2.64		2.65		2.64		2.63
Trading account securities	0.58		0.98		0.50		1.09		0.97
Held-to-maturity securities - taxable	2.41		2.44		2.43		2.45		2.46
Total securities	2.47		2.56		2.56		2.58		2.59
Loans and leases:(3)
Commercial:
Commercial and industrial	3.68		3.49		3.52		3.47		3.58
Commercial real estate:
Construction	3.76		3.70		3.51		3.45		3.52
Commercial	3.54		3.35		3.59		3.31		3.43
Commercial real estate	3.58		3.41		3.57		3.34		3.45
Total commercial	3.66		3.47		3.53		3.45		3.55
Consumer:
Automobile	3.37		3.15		3.17		3.22		3.23
Home equity	4.21		4.17		4.20		4.01		4.01
Residential mortgage	3.61		3.65		3.69		3.67		3.71
RV and marine finance	5.70		—		—		—		—
Other consumer	10.89		10.28		10.02		9.17		8.88
Total consumer	3.97		3.79		3.81		3.74		3.75
Total loans and leases	3.81		3.63		3.67		3.59		3.65
Total earning assets	3.52		3.41		3.44		3.37		3.42
Liabilities
Deposits:
Demand deposits - noninterest-bearing	—		—		—		—		—
Demand deposits - interest-bearing	0.11		0.09		0.09		0.08		0.07
Total demand deposits	0.04		0.03		0.03		0.02		0.02
Money market deposits	0.24		0.24		0.24		0.23		0.23
Savings and other domestic deposits	0.21		0.11		0.13		0.14		0.14
Core certificates of deposit	0.43		0.79		0.82		0.83		0.80
Total core deposits	0.20		0.22		0.23		0.23		0.23
Other domestic deposits of $250,000 or more	0.40		0.40		0.41		0.40		0.43
Brokered deposits and negotiable CDs	0.44		0.40		0.38		0.19		0.17
Deposits in foreign offices	0.13		0.13		0.13		0.13		0.13
Total deposits	0.22		0.23		0.24		0.23		0.22
Short-term borrowings	0.29		0.36		0.32		0.09		0.09
Long-term debt	1.97		1.85		1.68		1.49		1.45
Total interest-bearing liabilities	0.49		0.50		0.46		0.41		0.39
Net interest rate spread	3.03		2.91		2.98		2.96		3.03
Impact of noninterest-bearing funds on margin	0.15		0.15		0.13		0.13		0.13
Net interest margin	3.18	%	3.06	%	3.11	%	3.09	%	3.16	%

Commercial Loan Derivative Impact

(Unaudited)



	Average Rates
	2016		2016		2016		2015		2015
Fully-taxable equivalent basis(1)	Third		Second		First		Fourth		Third
Commercial loans(2)(3)	3.62	%	3.40	%	3.44	%	3.27	%	3.36	%
Impact of commercial loan derivatives	0.04		0.07		0.09		0.18		0.19
Total commercial - as reported	3.66	%	3.47	%	3.53	%	3.45	%	3.55	%

Average 30 day LIBOR	0.51	%	0.44	%	0.43	%	0.25	%	0.20	%


(1)	Fully-taxable equivalent (FTE) yields are calculated assuming a 35% tax rate. See page 11 for the FTE adjustment.


(2)	Yield/rates include the effects of hedge and risk management activities associated with the respective asset and liability categories.


(3)	Includes the impact of nonaccrual loans.

Huntington Bancshares Incorporated

Selected Quarterly Income Statement Data(1)

(Unaudited)



	Three months ended
	September 30,		June 30,		March 31,		December 31,		September 30,
(dollar amounts in thousands, except per share amounts)	2016		2016		2016		2015		2015
Interest income	$	694,346	$	565,658	$	557,251	$	544,153	$	538,477
Interest expense	68,956		59,777		54,185		47,242		43,022
Net interest income	625,390		505,881		503,066		496,911		495,455
Provision for credit losses	63,805		24,509		27,582		36,468		22,476
Net interest income after provision for credit losses	561,585		481,372		475,484		460,443		472,979
Service charges on deposit accounts	86,847		75,613		70,262		72,854		75,157
Cards and payment processing income	44,320		39,184		36,447		37,594		36,664
Mortgage banking income	40,603		31,591		18,543		31,418		18,956
Trust services	28,923		22,497		22,838		25,272		24,972
Insurance income	15,865		15,947		16,225		15,528		16,204
Brokerage income	14,719		14,599		15,502		14,462		15,059
Capital markets fees	14,750		13,037		13,010		13,778		12,741
Bank owned life insurance income	14,452		12,536		13,513		13,441		12,719
Gain on sale of loans	7,506		9,265		5,395		10,122		5,873
Securities gains (losses)	1,031		656		—		474		188
Other income	33,399		36,187		30,132		37,272		34,586
Total noninterest income	302,415		271,112		241,867		272,215		253,119
Personnel costs	405,024		298,949		285,397		288,861		286,270
Outside data processing and other services	91,133		63,037		61,878		63,775		58,535
Equipment	40,792		31,805		32,576		31,711		31,303
Net occupancy	41,460		30,704		31,476		32,939		29,061
Marketing	14,438		14,773		12,268		12,035		12,179
Professional services	47,075		21,488		13,538		13,010		11,961
Deposit and other insurance expense	14,940		12,187		11,208		11,105		11,550
Amortization of intangibles	9,046		3,600		3,712		3,788		3,913
Other expense	48,339		47,118		39,027		41,542		81,736
Total noninterest expense	712,247		523,661		491,080		498,766		526,508
Income before income taxes	151,753		228,823		226,271		233,892		199,590
Provision for income taxes	24,749		54,283		54,957		55,583		47,002
Net income	127,004		174,540		171,314		178,309		152,588
Dividends on preferred shares	18,537		19,874		7,998		7,972		7,968
Net income applicable to common shares	$	108,467	$	154,666	$	163,316	$	170,337	$	144,620

Average common shares - basic	938,578		798,167		795,755		796,095		800,883
Average common shares - diluted	952,081		810,371		808,349		810,143		814,326

Per common share
Net income - basic	$	0.12	$	0.19	$	0.21	$	0.21	$	0.18
Net income - diluted	0.11		0.19		0.20		0.21		0.18
Cash dividends declared	0.07		0.07		0.07		0.07		0.06

Revenue - fully-taxable equivalent (FTE)
Net interest income	$	625,390	$	505,881	$	503,066	$	496,911	$	495,455
FTE adjustment	10,598		10,091		9,159		8,425		8,168
Net interest income(2)	635,988		515,972		512,225		505,336		503,623
Noninterest income	302,415		271,112		241,867		272,215		253,119
Total revenue(2)	$	938,403	$	787,084	$	754,092	$	777,551	$	756,742


(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)



	Three months ended
	September 30,			June 30,			March 31,			December 31,			September 30,			Percent Changes vs.
(dollar amounts in thousands, except as noted)	2016			2016			2016			2015			2015			2Q16		3Q15
Mortgage banking income
Origination and secondary marketing	$	32,741		$	26,862		$	18,533		$	23,885		$	20,005		22	%	64	%
Servicing fees	11,656			11,010			11,137			11,060			10,763			6		8
Amortization of capitalized servicing	(7,681		)	(6,673		)	(6,405		)	(6,655		)	(6,080		)	15		26
Other mortgage banking income	2,790			2,323			1,672			2,271			2,691			20		4
Subtotal	39,506			33,522			24,937			30,561			27,379			18		44
MSR valuation adjustment(1)	2,505			(8,300		)	(18,329		)	5,144			(14,113		)	N.R.		N.R.
Net trading gains (losses) related to MSR hedging	(1,408		)	6,369			11,935			(4,287		)	5,690			N.R.		N.R.
Total mortgage banking income	$	40,603		$	31,591		$	18,543		$	31,418		$	18,956		29		114
Mortgage originations (in millions)	$	1,744		$	1,600		$	936		$	1,012		$	1,259		9		39
Capitalized mortgage servicing rights(2)	156,820			134,397			142,094			160,718			153,532			17		2
Total mortgages serviced for others (in millions)(2)	18,631			16,211			16,239			16,168			15,941			15		17
MSR % of investor servicing portfolio(2)	0.84		%	0.83		%	0.88		%	0.99		%	0.96		%	1		(13	)
Net impact of MSR hedging
MSR valuation adjustment(1)	$	2,505		$	(8,300	)	$	(18,329	)	$	5,144		$	(14,113	)	N.R.		N.R.
Net trading gains (losses) related to MSR hedging	(1,408		)	6,369			11,935			(4,287		)	5,690			N.R.		N.R.
Net gain (loss) of MSR hedging	$	1,097		$	(1,931	)	$	(6,394	)	$	857		$	(8,423	)	N.R.		N.R.


N.R.	Not relevant.


(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)



	Three months ended
	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in thousands)	2016			2016			2016			2015			2015
Allowance for loan and lease losses, beginning of period	$	623,064		$	613,719		$	597,843		$	591,938		$	599,542
Loan and lease losses	(59,268		)	(43,545		)	(59,692		)	(54,961		)	(60,875		)
Recoveries of loans previously charged off	19,203			26,790			51,140			33,138			44,712
Net loan and lease losses	(40,065		)	(16,755		)	(8,552		)	(21,823		)	(16,163		)
Provision for loan and lease losses	53,523			26,086			24,338			28,610			13,624
Allowance of assets sold or transferred to loans held for sale	(19,624		)	14			90			(882		)	(5,065		)
Allowance for loan and lease losses, end of period	616,898			623,064			613,719			597,843			591,938
Allowance for unfunded loan commitments and letters of credit, beginning of period	73,748			75,325			72,081			64,223			55,371
Provision for (reduction in) unfunded loan commitments and letters of credit losses	10,282			(1,577		)	3,244			7,858			8,852
Fair value of acquired AULC	4,403			—			—			—			—
Allowance for unfunded loan commitments and letters of credit, end of period	88,433			73,748			75,325			72,081			64,223
Total allowance for credit losses, end of period	$	705,331		$	696,812		$	689,044		$	669,924		$	656,161
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	0.93		%	1.19		%	1.19		%	1.19		%	1.19		%
Nonaccrual loans and leases (NALs)	153			135			123			161			166
Nonperforming assets (NPAs)	130			127			117			150			155
Total allowance for credit losses (ACL) as % of:
Total loans and leases	1.06		%	1.33		%	1.34		%	1.33		%	1.32		%
Nonaccrual loans and leases	174			151			138			180			184
Nonperforming assets	148			142			131			168			172

Huntington Bancshares Incorporated

Quarterly Net Charge-Off Analysis

(Unaudited)



	Three months ended
	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in thousands)	2016 (2)			2016			2016			2015			2015
Net charge-offs (recoveries) by loan and lease type:
Originated loans
Commercial:
Commercial and industrial	$	18,889		$	3,702		$	6,514		$	2,252		$	9,858
Commercial real estate:
Construction	(271		)	(377		)	(104		)	(296		)	(309		)
Commercial	(2,475		)	(296		)	(17,372		)	(3,939		)	(13,512		)
Commercial real estate	(2,746		)	(673		)	(17,476		)	(4,235		)	(13,821		)
Total commercial	16,143			3,029			(10,962		)	(1,983		)	(3,963		)
Consumer:
Automobile	6,589			4,320			6,770			7,693			4,908
Home equity	2,141			1,078			3,681			4,706			5,869
Residential mortgage	1,726			776			1,647			3,158			2,010
RV and marine finance	—			—			—			—			—
Other consumer	11,265			7,552			7,416			8,249			7,339
Total consumer	21,721			13,726			19,514			23,806			20,126
Total originated net charge-offs	$	37,864		$	16,755		$	8,552		$	21,823		$	16,163

Acquired loans (1)
Commercial:
Commercial and industrial	$	336
Commercial real estate:
Construction	—
Commercial	48
Commercial real estate	48
Total commercial	384
Consumer:
Automobile	1,180
Home equity	483
Residential mortgage	2
RV and marine finance	106
Other consumer	46
Total consumer	1,817
Total acquired net charge-offs	$	2,201

Total Loans
Commercial:
Commercial and industrial	$	19,225		$	3,702		$	6,514		$	2,252		$	9,858
Commercial real estate:
Construction	(271		)	(377		)	(104		)	(296		)	(309		)
Commercial	(2,427		)	(296		)	(17,372		)	(3,939		)	(13,512		)
Commercial real estate	(2,698		)	(673		)	(17,476		)	(4,235		)	(13,821		)
Total commercial	16,527			3,029			(10,962		)	(1,983		)	(3,963		)
Consumer:
Automobile	7,769			4,320			6,770			7,693			4,908
Home equity	2,624			1,078			3,681			4,706			5,869
Residential mortgage	1,728			776			1,647			3,158			2,010
RV and marine finance	106			—			—			—			—
Other consumer	11,311			7,552			7,416			8,249			7,339
Total consumer	23,538			13,726			19,514			23,806			20,126
Total net charge-offs	$	40,065		$	16,755		$	8,552		$	21,823		$	16,163



	Three months ended
	September 30,		June 30,		March 31,		December 31,		September 30,
	2016 (2)		2016		2016		2015		2015
Net charge-offs (recoveries)—annualized percentages:
Commercial:
Commercial and industrial	0.31	%	0.07	%	0.13	%	0.04	%	0.20	%
Commercial real estate:
Construction	(0.10	)	(0.17	)	(0.05	)	(0.11	)	(0.11	)
Commercial	(0.19	)	(0.03	)	(1.62	)	(0.38	)	(1.29	)
Commercial real estate	(0.17	)	(0.05	)	(1.34	)	(0.32	)	(1.04	)
Total commercial	0.21		0.05		(0.17	)	(0.03	)	(0.06	)
Consumer:
Automobile	0.27		0.17		0.28		0.33		0.22
Home equity	0.11		0.05		0.17		0.22		0.28
Residential mortgage	0.10		0.05		0.11		0.21		0.13
RV and marine finance	0.05		—		—		—		—
Other consumer	5.52		4.93		5.17		6.03		5.91
Total consumer	0.32		0.22		0.32		0.39		0.34
Net charge-offs as a % of average loans	0.26	%	0.13	%	0.07	%	0.18	%	0.13	%


(1)	Represents loans from FirstMerit acquisition.


(2)	Amounts presented above exclude write-downs of loans transferred to loans held-for-sale.

Huntington Bancshares Incorporated

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

(Unaudited)



	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in thousands)	2016			2016			2016			2015			2015
Nonaccrual loans and leases (NALs): (1)
Originated NALs
Commercial and industrial	$	211,669		$	289,811		$	307,824		$	175,195		$	157,902
Commercial real estate	19,322			23,663			30,801			28,984			27,516
Automobile	4,578			5,049			7,598			6,564			5,551
Residential mortgage	83,916			85,174			90,303			94,560			98,908
RV and marine finance	—			—			—			—			—
Home equity	62,457			56,845			62,208			66,278			66,446
Other consumer	—			5			—			—			154
Total nonaccrual loans and leases	381,942			460,547			498,734			371,581			356,477
Other real estate, net:
Residential	25,912			26,653			23,175			24,194			21,637
Commercial	3,549			2,248			2,957			3,148			3,273
Total other real estate, net	29,461			28,901			26,132			27,342			24,910
Other NPAs (2)	—			376			—			—			—
Total nonperforming assets	$	411,403		$	489,824		$	524,866		$	398,923		$	381,387

Acquired NALs (5)
Commercial and industrial	$	9,193
Commercial real estate	1,978
Automobile	199
Residential mortgage	4,239
RV and marine finance	96
Home equity	6,587
Other consumer	—
Total nonaccrual loans and leases	22,292
Other real estate, net:
Residential	8,509
Commercial	33,366
Total other real estate, net	41,875
Other NPAs (2)	—
Total nonperforming assets	$	41,875

Total NALs
Commercial and industrial	$	220,862		$	289,811		$	307,824		$	175,195		$	157,902
Commercial real estate	21,300			23,663			30,801			28,984			27,516
Automobile	4,777			5,049			7,598			6,564			5,551
Residential mortgage	88,155			85,174			90,303			94,560			98,908
RV and marine finance	96			—			—			—			—
Home equity	69,044			56,845			62,208			66,278			66,446
Other consumer	—			5			—			—			154
Total nonaccrual loans and leases	404,234			460,547			498,734			371,581			356,477
Other real estate, net:
Residential	34,421			26,653			23,175			24,194			21,637
Commercial	36,915			2,248			2,957			3,148			3,273
Total other real estate, net	71,336			28,901			26,132			27,342			24,910
Other NPAs (2)	—			376			—			—			—
Total nonperforming assets	$	475,570		$	489,824		$	524,866		$	398,923		$	381,387

Nonaccrual loans and leases as a % of total loans and leases	0.61		%	0.88		%	0.97		%	0.74		%	0.72		%
NPA ratio(3)	0.72			0.93			1.02			0.79			0.77
(NPA+90days)/(Loan+OREO)(4)	0.92			1.12			1.22			1.00			0.98

Huntington Bancshares Incorporated

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

(Unaudited)



	September 30,			June 30,			March 31,			December 31,			September 30,
	2016			2016			2016			2015			2015
Nonperforming assets, beginning of period	$	489,824		$	524,866		$	398,923		$	381,387		$	396,011
New nonperforming assets	166,966			74,577			240,707			141,862			139,604
Returns to accruing status	(81,086		)	(18,648		)	(14,289		)	(23,199		)	(13,641		)
Loan and lease losses	(31,500		)	(25,420		)	(40,465		)	(29,394		)	(45,667		)
Payments	(67,503		)	(58,594		)	(51,512		)	(64,137		)	(78,516		)
Sales and held-for-sale transfers	(1,131		)	(6,957		)	(8,498		)	(7,596		)	(16,404		)
Nonperforming assets, end of period	$	475,570		$	489,824		$	524,866		$	398,923		$	381,387


(1)	Excludes loans transferred to held-for-sale.


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


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


(4)	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.


(5)	Represents loans from FirstMerit acquisition.

Huntington Bancshares Incorporated

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

(Unaudited)



	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in thousands)	2016			2016			2016			2015			2015
Accruing loans and leases past due 90 days or more:
Commercial and industrial	$	20,188		$	5,616		$	8,032		$	8,724		$	6,571
Commercial real estate	21,260			10,799			12,694			9,549			12,178
Automobile	7,871			5,452			5,064			7,162			6,873
Residential mortgage (excluding loans guaranteed by the U.S. Government)	15,664			11,383			11,740			14,082			17,492
RV and marine finance	1,043			—			—			—			—
Home equity	12,997			7,579			8,571			9,044			10,764
Other consumer	2,988			1,645			1,868			1,394			1,087
Total, excl. loans guaranteed by the U.S. Government	82,011			42,474			47,969			49,955			54,965
Add: loans guaranteed by U.S. Government	52,665			56,105			57,843			55,835			50,643
Total accruing loans and leases past due 90 days or more, including loans guaranteed by the U.S. Government	$	134,676		$	98,579		$	105,812		$	105,790		$	105,608

Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.12		%	0.08		%	0.09		%	0.10		%	0.11		%
Guaranteed by U.S. Government, as a percent of total loans and leases	0.08			0.11			0.11			0.11			0.10
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.20			0.19			0.21			0.21			0.21

Accruing troubled debt restructured loans:
Commercial and industrial	$	232,740		$	232,112		$	205,989		$	235,689		$	241,327
Commercial real estate	80,553			85,015			108,861			115,074			103,767
Automobile	27,843			25,892			25,856			24,893			24,537
Home equity	275,601		(1)	203,047		(2)	204,244		(2)	199,393		(2)	192,356		(2)
Residential mortgage	251,529			256,859			259,750			264,666			277,154
RV and marine finance	—			—			—			—			—
Other consumer	4,102			4,522			4,768			4,488			4,569
Total accruing troubled debt restructured loans	$	872,368		$	807,447		$	809,468		$	844,203		$	843,710

Nonaccruing troubled debt restructured loans:
Commercial and industrial	$	70,179		$	77,592		$	83,600		$	56,919		$	54,933
Commercial real estate	5,672			6,833			14,607			16,617			12,806
Automobile	4,437			4,907			7,407			6,412			5,400
Home equity	28,009		(1)	21,145		(2)	23,211		(2)	20,996		(2)	19,188		(2)
Residential mortgage	62,027			63,638			68,918			71,640			68,577
RV and marine finance	—			—			—			—			—
Other consumer	142			142			191			151			152
Total nonaccruing troubled debt restructured loans	$	170,466		$	174,257		$	197,934		$	172,735		$	161,056


(1)	Includes TDRs transferred from loans to held-for-sale to loans.


(2)	Excludes TDRs transferred from loans to loans held-for-sale.

Huntington Bancshares Incorporated

Quarterly Capital Under Current Regulatory Standards (Basel III) and Other Capital Data

(Unaudited)



	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in millions except per share amounts)	2016			2016			2016			2015			2015
Common equity tier 1 risk-based capital ratio:(1)
Total shareholders’ equity	$	10,387		$	7,507		$	7,158		$	6,595		$	6,583
Regulatory capital adjustments:
Shareholders’ preferred equity	(1,076		)	(971		)	(773		)	(386		)	(386		)
Accumulated other comprehensive income offset	172			134			167			226			140
Goodwill and other intangibles, net of related taxes	(2,140		)	(700		)	(703		)	(695		)	(697		)
Deferred tax assets that arise from tax loss and credit carryforwards	(29		)	(21		)	(29		)	(19		)	(15		)
Common equity tier 1 capital	7,314			5,949			5,820			5,721			5,625
Additional tier 1 capital
Shareholders’ preferred equity	1,076			971			773			386			386
Qualifying capital instruments subject to phase-out	—			—			—			76			76
Other	(19		)	(14		)	(19		)	(29		)	(22		)
Tier 1 capital	8,371			6,906			6,574			6,154			6,065
Long-term debt and other tier 2 qualifying instruments	1,036			590			611			563			623
Qualifying allowance for loan and lease losses	705			697			689			670			656
Tier 2 capital	1,741			1,287			1,300			1,233			1,279
Total risk-based capital	$	10,112		$	8,193		$	7,874		$	7,387		$	7,344
Risk-weighted assets (RWA)(1)	$	80,473		$	60,717		$	59,798		$	58,420		$	57,839
Common equity tier 1 risk-based capital ratio(1)	9.09		%	9.80		%	9.73		%	9.79		%	9.72		%
Other regulatory capital data:
Tier 1 leverage ratio(1)	9.89			9.55			9.29			8.79			8.85
Tier 1 risk-based capital ratio(1)	10.40			11.37			10.99			10.53			10.49
Total risk-based capital ratio(1)	12.57			13.49			13.17			12.64			12.70
Non-regulatory capital data:
Tangible common equity / RWA ratio(1)	8.74			9.60			9.49			9.41			9.48


(1)	September 30, 2016, figures are estimated and are presented on a Basel III basis, including the standardized approach for calculating risk-weighted assets.

Huntington Bancshares Incorporated

Quarterly Common Stock Summary, Non-Regulatory Capital, and Other Data

(Unaudited)

Quarterly common stock summary



	September 30,		June 30,		March 31,		December 31,		September 30,
	2016		2016		2016		2015		2015
Common stock price, per share
High(1)	$	10.110	$	10.650	$	10.810	$	11.870	$	11.900
Low(1)	8.230		8.045		7.830		10.210		10.000
Close	9.860		8.940		9.540		11.060		10.600
Average closing price	9.522		9.831		9.222		11.177		11.157
Dividends, per share
Cash dividends declared per common share	$	0.07	$	0.07	$	0.07	$	0.07	$	0.06
Common shares outstanding
Average - basic	938,578		798,167		795,755		796,095		800,883
Average - diluted	952,081		810,371		808,349		810,143		814,326
Ending	1,084,783		799,154		796,689		794,929		796,659
Tangible book value per common share(2)	$	6.48	$	7.29	$	7.12	$	6.91	$	6.88
Common share repurchases
Number of shares repurchased	—		—		—		2,490		6,764

Non-regulatory capital



	September 30,			June 30,			March 31,			December 31,			September 30,
(dollar amounts in millions)	2016			2016			2016			2015			2015
Calculation of tangible equity / asset ratio:
Total shareholders’ equity	$	10,387		$	7,507		$	7,158		$	6,595		$	6,583
Less: goodwill	(2,004		)	(677		)	(677		)	(677		)	(677		)
Less: other intangible assets	(429		)	(48		)	(51		)	(55		)	(59		)
Add: related deferred tax liability(2)	150			17			18			19			21
Total tangible equity	8,104			6,799			6,448			5,882			5,868
Less: preferred equity	(1,071		)	(971		)	(773		)	(386		)	(386		)
Total tangible common equity	$	7,033		$	5,828		$	5,675		$	5,496		$	5,482
Total assets	$	100,765		$	73,954		$	72,645		$	71,018		$	70,186
Less: goodwill	(2,004		)	(677		)	(677		)	(677		)	(677		)
Less: other intangible assets	(429		)	(48		)	(51		)	(55		)	(59		)
Add: related deferred tax liability(2)	150			17			18			19			21
Total tangible assets	$	98,482		$	73,246		$	71,935		$	70,305		$	69,471
Tangible equity / tangible asset ratio	8.23		%	9.28		%	8.96		%	8.37		%	8.45		%
Tangible common equity / tangible asset ratio	7.14			7.96			7.89			7.82			7.89
Other data:
Number of employees (Average full-time equivalent)	14,511			12,363			12,386			12,418			12,367
Number of domestic full-service branches(3)	1,129			772			771			777			756


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


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


(3)	Includes Regional Banking and The Huntington Private Client Group offices.

Huntington Bancshares Incorporated

Consolidated Year To Date Average Balance Sheets

(Unaudited)



	YTD Average Balances (2)
	Nine months ended September 30,						Change
(dollar amounts in millions)	2016			2015			Amount			Percent
Assets
Interest-bearing deposits in banks	$	97		$	90		$	7		8	%
Loans held for sale	567			706			(139		)	(20	)
Securities:
Available-for-sale and other securities:
Taxable	7,781			7,966			(185		)	(2	)
Tax-exempt	2,576			2,014			562			28
Total available-for-sale and other securities	10,357			9,980			377			4
Trading account securities	43			49			(6		)	(12	)
Held-to-maturity securities - taxable	5,781			3,299			2,482			75
Total securities	16,181			13,328			2,853			21
Loans and leases:(1)
Commercial:
Commercial and industrial	22,326			19,581			2,745			14
Commercial real estate:
Construction	979			987			(8		)	(1	)
Commercial	4,621			4,227			394			9
Commercial real estate	5,600			5,214			386			7
Total commercial	27,926			24,795			3,131			13
Consumer:
Automobile	10,430			8,582			1,848			22
Home equity	8,708			8,504			204			2
Residential mortgage	6,406			5,906			500			8
RV and marine finance	307			—			307			N.R.
Other consumer	670			458			212			46
Total consumer	26,521			23,450			3,071			13
Total loans and leases	54,447			48,245			6,202			13
Allowance for loan and lease losses	(614		)	(610		)	(4		)	1
Net loans and leases	53,833			47,635			6,198			13
Total earning assets	71,292			62,369			8,923			14
Cash and due from banks	1,114			1,140			(26		)	(2	)
Intangible assets	1,003			693			310			45
All other assets	4,446			4,212			234			6
Total assets	$	77,241		$	67,804		$	9,437		14	%
Liabilities and shareholders’ equity
Deposits:
Demand deposits - noninterest-bearing	$	17,634		$	16,061		$	1,573		10	%
Demand deposits - interest-bearing	9,538			6,455			3,083			48
Total demand deposits	27,172			22,516			4,656			21
Money market deposits	19,220			19,228			(8		)	—
Savings and other domestic deposits	6,541			5,222			1,319			25
Core certificates of deposit	2,186			2,661			(475		)	(18	)
Total core deposits	55,119			49,627			5,492			11
Other domestic deposits of $250,000 or more	413			199			214			108
Brokered deposits and negotiable CDs	3,239			2,694			545			20
Deposits in foreign offices	222			537			(315		)	(59	)
Total deposits	58,993			53,057			5,936			11
Short-term borrowings	1,161			1,623			(462		)	(28	)
Long-term debt	7,866			5,180			2,686			52
Total interest-bearing liabilities	50,386			43,799			6,587			15
All other liabilities	1,513			1,442			71			5
Shareholders’ equity	7,708			6,502			1,206			19
Total liabilities and shareholders’ equity	$	77,241		$	67,804		$	9,437		14	%

N.R. Not relevant


(1)	Includes nonaccrual loans.


(2)	Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.

Huntington Bancshares Incorporated

Consolidated Year To Date Net Interest Margin - Interest Income / Expense(1)(2)

(Unaudited)



	YTD Interest Income / Expense
	Nine months ended September 30,
(dollar amounts in thousands)	2016		2015
Assets
Interest-bearing deposits in banks	$	266	$	73
Loans held for sale	16,003		18,488
Securities:
Available-for-sale and other securities:
Taxable	138,178		151,522
Tax-exempt	62,727		46,834
Total available-for-sale and other securities	200,905		198,356
Trading account securities	222		387
Held-to-maturity securities - taxable	105,307		61,220
Total securities	306,434		259,963
Loans and leases:
Commercial:
Commercial and industrial	607,158		520,906
Commercial real estate:
Construction	27,295		27,204
Commercial	122,936		111,311
Commercial real estate	150,231		138,515
Total commercial	757,389		659,421
Consumer:
Automobile	252,876		207,056
Home equity	273,365		254,851
Residential mortgage	175,236		164,976
RV and marine finance	13,102		—
Other consumer	52,432		29,230
Total consumer	767,011		656,113
Total loans and leases	1,524,400		1,315,534
Total earning assets	$	1,847,103	$	1,594,058
Liabilities
Deposits:
Demand deposits - noninterest-bearing	$	—	$	—
Demand deposits - interest-bearing	7,048		2,888
Total demand deposits	7,048		2,888
Money market deposits	34,389		31,861
Savings and other domestic deposits	7,706		5,529
Core certificates of deposit	11,030		15,578
Total core deposits	60,173		55,856
Other domestic deposits of $250,000 or more	1,245		645
Brokered deposits and negotiable CDs	9,939		3,368
Deposits in foreign offices	217		527
Total deposits	71,574		60,396
Short-term borrowings	2,770		1,465
Long-term debt	108,574		54,681
Total interest-bearing liabilities	182,918		116,542
Net interest income	$	1,664,185	$	1,477,516


(1)	Fully-taxable equivalent (FTE) income and expense calculated assuming a 35% tax rate. See page 24 for the FTE adjustment.


(2)	Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.

Huntington Bancshares Incorporated

Consolidated Year To Date Net Interest Margin - Yield

(Unaudited)



	YTD Average Rates(2)
	Nine months ended September 30,
Fully-taxable equivalent basis(1)	2016		2015
Assets
Interest-bearing deposits in banks	0.37	%	0.11	%
Loans held for sale	3.76		3.49
Securities:
Available-for-sale and other securities:
Taxable	2.37		2.54
Tax-exempt	3.25		3.10
Total available-for-sale and other securities	2.59		2.65
Trading account securities	0.68		1.06
Held-to-maturity securities - taxable	2.43		2.47
Total securities	2.53		2.60
Loans and leases:(3)
Commercial:
Commercial and industrial	3.57		3.51
Commercial real estate:
Construction	3.66		3.64
Commercial	3.50		3.47
Commercial real estate	3.52		3.50
Total commercial	3.56		3.51
Consumer:
Automobile	3.24		3.23
Home equity	4.19		4.01
Residential mortgage	3.65		3.72
RV and marine finance	5.70		—
Other consumer	10.46		8.53
Total consumer	3.86		3.74
Total loans and leases	3.71		3.62
Total earning assets	3.46	%	3.42	%
Liabilities
Deposits:
Demand deposits - noninterest-bearing	—	%	—	%
Demand deposits - interest-bearing	0.10		0.06
Total demand deposit	0.03		0.02
Money market deposits	0.24		0.22
Savings and other domestic deposits	0.16		0.14
Core certificates of deposit	0.67		0.78
Total core deposits	0.21		0.22
Other domestic deposits of $250,000 or more	0.40		0.43
Brokered deposits and negotiable CDs	0.41		0.17
Deposits in foreign offices	0.13		0.13
Total deposits	0.23		0.22
Short-term borrowings	0.32		0.12
Long-term debt	1.84		1.40
Total interest bearing liabilities	0.48		0.36
Net interest rate spread	2.98		3.06
Impact of noninterest-bearing funds on margin	0.14		0.11
Net interest margin	3.12	%	3.17	%

Commercial Loan Derivative Impact

(Unaudited)



	YTD Average Rates
	Nine months ended September 30,
Fully-taxable equivalent basis(1)	2016		2015
Commercial loans(2)(3)	3.50	%	3.31	%
Impact of commercial loan derivatives	0.06	%	0.20	%
Total commercial - as reported	3.56	%	3.51	%

Average 30 day LIBOR	0.46	%	0.20	%


(1)	Fully-taxable equivalent (FTE) yields are calculated assuming a 35% tax rate. See page 24 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 nonacrrual 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)	2016		2015		Amount			Percent
Interest income	$	1,817,255	$	1,570,368	$	246,887		16	%
Interest expense	182,918		116,542		66,376			57
Net interest income	1,634,337		1,453,826		180,511			12
Provision for credit losses	115,896		63,486		52,410			83
Net interest income after provision for credit losses	1,518,441		1,390,340		128,101			9
Service charges on deposit accounts	232,722		207,495		25,227			12
Cards and payment processing income	119,951		105,121		14,830			14
Mortgage banking income	90,737		80,435		10,302			13
Trust services	74,258		80,561		(6,303		)	(8	)
Insurance income	48,037		49,736		(1,699		)	(3	)
Brokerage income	44,819		45,743		(924		)	(2	)
Capital market fees	40,797		39,838		959			2
Bank owned life insurance income	40,500		38,959		1,541			4
Gain on sale of loans	22,166		22,915		(749		)	(3	)
Securities gains (losses)	1,687		270		1,417			525
Other income	99,720		95,442		4,278			4
Total noninterest income	815,394		766,515		48,879			6
Personnel costs	989,369		833,321		156,048			19
Outside data processing and other services	216,047		167,578		48,469			29
Equipment	105,173		93,246		11,927			13
Net occupancy	103,640		88,942		14,698			17
Marketing	41,479		40,178		1,301			3
Professional services	82,101		37,281		44,820			120
Deposit and other insurance expense	38,335		33,504		4,831			14
Amortization of intangibles	16,357		24,079		(7,722		)	(32	)
Other expense	134,487		159,013		(24,526		)	(15	)
Total noninterest expense	1,726,988		1,477,142		249,846			17
Income before income taxes	606,847		679,713		(72,866		)	(11	)
Provision for income taxes	133,989		165,065		(31,076		)	(19	)
Net income	472,858		514,648		(41,790		)	(8	)
Dividends on preferred shares	46,409		23,901		22,508			94
Net income applicable to common shares	$	426,449	$	490,747	$	(64,298	)	(13	)%
Average common shares - basic	844,167		805,851		38,316			5	%
Average common shares - diluted	856,934		819,458		37,476			5
Per common share
Net income - basic	$	0.51	$	0.61	$	(0.10	)	(16	)
Net income - diluted	0.50		0.60		(0.10		)	(17	)
Cash dividends declared	0.21		0.18		0.03			17
Revenue - fully taxable equivalent (FTE)
Net interest income	$	1,634,337	$	1,453,826	$	180,511		12
FTE adjustment(2)	29,848		23,690		6,158			26
Net interest income	1,664,185		1,477,516		186,669			13
Noninterest income	815,394		766,515		48,879			6
Total revenue(2)	$	2,479,579	$	2,244,031	$	235,548		10	%


(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

Year To Date Mortgage Banking Income

(Unaudited)



	Nine months ended September 30,						Change
(dollar amounts in thousands, except as noted)	2016			2015			Amount			Percent
Mortgage banking income
Origination and secondary marketing	$	78,136		$	66,387		$	11,749		18	%
Servicing fees	33,803			32,282			1,521			5
Amortization of capitalized servicing	(20,759		)	(20,024		)	(735		)	(4	)
Other mortgage banking income	6,785			8,707			(1,922		)	(22	)
Subtotal	97,965			87,352			10,613			12
MSR valuation adjustment(1)	(24,124		)	(8,752		)	(15,372		)	(176	)
Net trading gains (losses) related to MSR hedging	16,896			1,835			15,061			821
Total mortgage banking income	$	90,737		$	80,435		$	10,302		13	%

Mortgage originations (in millions)	$	4,280		$	3,693		$	587		16	%
Capitalized mortgage servicing rights(2)	156,820			153,532			3,288			2
Total mortgages serviced for others (in millions)(2)	18,631			15,941			2,690			17
MSR % of investor servicing portfolio	0.84		%	0.96		%	0.01		%	(13	)

Net impact of MSR hedging
MSR valuation adjustment(1)	$	(24,124	)	$	(8,752	)	$	(15,372	)	(176	)%
Net trading gains (losses) related to MSR hedging	16,896			1,835			15,061			821
Net gain (loss) on MSR hedging	$	(7,228	)	$	(6,917	)	$	(311	)	(4	)%


N.R.	Not relevant


(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)	2016			2015
Allowance for loan and lease losses, beginning of period	$	597,843		$	605,196
Loan and lease losses	(162,505		)	(162,920		)
Recoveries of loans previously charged off	97,133			96,950
Net loan and lease losses	(65,372		)	(65,970		)
Provision for loan and lease losses	103,947			60,069
Allowance of assets sold or transferred to loans held for sale	(19,520		)	(7,357		)
Allowance for loan and lease losses, end of period	616,898			591,938
Allowance for unfunded loan commitments and letters of credit, beginning of period	$	72,081		$	60,806
Provision for (reduction in) unfunded loan commitments and letters of credit losses	11,949			3,417
Fair value of acquired AULC	4,403			—
Allowance for unfunded loan commitments and letters of credit, end of period	88,433			64,223
Total allowance for credit losses	$	705,331		$	656,161
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	0.93		%	1.19		%
Nonaccrual loans and leases (NALs)	153			166
Nonperforming assets (NPAs)	130			155
Total allowance for credit losses (ACL) as % of:
Total loans and leases	1.06		%	1.32		%
Nonaccrual loans and leases (NALs)	174			184
Nonperforming assets (NPAs)	148			172

Huntington Bancshares Incorporated

Year To Date Net Charge-Off Analysis

(Unaudited)



	Nine months ended September 30,
(dollar amounts in thousands)	2016 (2)			2015
Net charge-offs by loan and lease type:
Originated loans
Commercial:
Commercial and industrial	$	29,105		$	25,672
Commercial real estate:
Construction	(752		)	(528		)
Commercial	(20,143		)	(11,780		)
Commercial real estate	(20,895		)	(12,308		)
Total commercial	8,210			13,364
Consumer:
Automobile	17,679			12,598
Home equity	6,900			15,144
Residential mortgage	4,149			6,968
RV and marine finance	—			—
Other consumer	26,233			17,896
Total consumer	54,961			52,606
Total originated net charge-offs	$	63,171		$	65,970

Acquired loans (1)
Commercial:
Commercial and industrial	$	336
Commercial real estate:
Construction	—
Commercial	48
Commercial real estate	48
Total commercial	384
Consumer:
Automobile	1,180
Home equity	483
Residential mortgage	2
RV and marine finance	106
Other consumer	46
Total consumer	1,817
Total acquired net charge-offs	$	2,201

Total Loans
Commercial:
Commercial and industrial	$	29,441		$	25,672
Commercial real estate:
Construction	(752		)	(528		)
Commercial	(20,095		)	(11,780		)
Commercial real estate	(20,847		)	(12,308		)
Total commercial	8,594			13,364
Consumer:
Automobile	18,859			12,598
Home equity	7,383			15,144
Residential mortgage	4,151			6,968
RV and marine finance	106			—
Other consumer	26,279			17,896
Total consumer	56,778			52,606
Total net charge-offs	$	65,372		$	65,970



	Nine months ended September 30,
	2016 (2)		2015
Net charge-offs - annualized percentages:
Commercial:
Commercial and industrial	0.18	%	0.17	%
Commercial real estate:
Construction	(0.10	)	(0.07	)
Commercial	(0.58	)	(0.37	)
Commercial real estate	(0.50	)	(0.31	)
Total commercial	0.04		0.07
Consumer:
Automobile	0.24		0.20
Home equity	0.11		0.24
Residential mortgage	0.09		0.16
RV and marine finance	0.05		—
Other consumer	5.23		5.21
Total consumer	0.29		0.30
Net charge-offs as a % of average loans	0.16	%	0.18	%


(1)	Represents loans from FirstMerit acquisition.


(2)	Amounts presented above exclude write-downs of loans transferred to loans held-for-sale.

Huntington Bancshares Incorporated

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

(Unaudited)



	September 30,
(dollar amounts in thousands)	2016			2015
Nonaccrual loans and leases (NALs): (1)
Originated NALs
Commercial and industrial	$	211,669		$	157,902
Commercial real estate	19,322			27,516
Automobile	4,578			5,551
Residential mortgage	83,916			98,908
RV and marine finance	—			—
Home equity	62,457			66,446
Other consumer	—			154
Total nonaccrual loans and leases	381,942			356,477
Other real estate, net:
Residential	25,912			21,637
Commercial	3,549			3,273
Total other real estate, net	29,461			24,910
Other NPAs(2)	—			—
Total nonperforming assets (4)	$	411,403		$	381,387

Acquired NALs (5)
Commercial and industrial	$	9,193
Commercial real estate	1,978
Automobile	199
Residential mortgage	4,239
RV and marine finance	96
Home equity	6,587
Other consumer	—
Total nonaccrual loans and leases	22,292
Other real estate, net:
Residential	8,509
Commercial	33,366
Total other real estate, net	41,875
Other NPAs(2)	—
Total nonperforming assets (4)	$	41,875

Total NALs
Commercial and industrial	$	220,862		$	157,902
Commercial real estate	21,300			27,516
Automobile	4,777			5,551
Residential mortgage	88,155			98,908
RV and marine finance	96			—
Home equity	69,044			66,446
Other consumer	—			154
Total nonaccrual loans and leases	404,234			356,477
Other real estate, net:
Residential	34,421			21,637
Commercial	36,915			3,273
Total other real estate, net	71,336			24,910
Other NPAs(2)	—			—
Total nonperforming assets (4)	$	475,570		$	381,387

Nonaccrual loans and leases as a % of total loans and leases	0.61		%	0.72		%
NPA ratio(3)	0.72			0.77

Huntington Bancshares Incorporated

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

(Unaudited)



	Nine months ended September 30,
(dollar amounts in thousands)	2016			2015
Nonperforming assets, beginning of period	$	398,923		$	337,723
New nonperforming assets	482,250			427,571
Returns to accruing status	(114,023		)	(77,729		)
Loan and lease losses	(97,385		)	(121,038		)
Payments	(177,609		)	(147,490		)
Sales and held-for-sale transfers	(16,586		)	(37,650		)
Nonperforming assets, end of period (3)	$	475,570		$	381,387


(1)	Excludes loans transferred to held-for-sale.


(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)	Nonaccruing troubled debt restructured loans on page 31 are included in the total nonperforming assets balance.


(5)	Represents loans from FirstMerit acquisition.

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)	2016			2015
Accruing loans and leases past due 90 days or more:
Commercial and industrial	$	20,188		$	6,571
Commercial real estate	21,260			12,178
Automobile	7,871			6,873
Residential mortgage (excluding loans guaranteed by the U.S. Government)	15,664			17,492
RV and marine finance	1,043			—
Home equity	12,997			10,764
Other consumer	2,988			1,087
Total, excl. loans guaranteed by the U.S. Government	82,011			54,965
Add: loans guaranteed by U.S. Government	52,665			50,643
Total accruing loans and leases past due 90 days or more, including loans guaranteed by the U.S. Government	$	134,676		$	105,608
Ratios:
Excluding loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.12		%	0.11		%
Guaranteed by U.S. Government, as a percent of total loans and leases	0.08			0.10
Including loans guaranteed by the U.S. Government, as a percent of total loans and leases	0.20			0.21
Accruing troubled debt restructured loans:
Commercial and industrial	$	232,740		$	241,327
Commercial real estate	80,553			103,767
Automobile	27,843			24,537
Home equity	275,601		(1)	192,356		(2)
Residential mortgage	251,529			277,154
RV and marine finance	—			—
Other consumer	4,102			4,569
Total accruing troubled debt restructured loans	$	872,368		$	843,710
Nonaccruing troubled debt restructured loans:
Commercial and industrial	$	70,179		$	54,933
Commercial real estate	5,672			12,806
Automobile	4,437			5,400
Home equity	28,009		(1)	19,188		(2)
Residential mortgage	62,027			68,577
RV and marine finance	—			—
Other consumer	142			152
Total nonaccruing troubled debt restructured loans	$	170,466		$	161,056


(1)	Includes TDRs transferred from loans to held-for-sale to loans.


(2)	Excludes TDRs transferred from loans to loans held-for-sale.

HUNTINGTON BANCSHARES INC /MD/ - FORM 8-K - EX-99.2 - EXHIBIT 99.2 - October 26, 2016

Attached files

HUNTINGTON BANCSHARES INC /MD/ Reports