Exhibit 99.1

FOR IMMEDIATE RELEASE
July 17, 2008

Contacts:
Analysts				Media
Jay Gould		(614) 480-4060		Jeri Grier		(614) 480-5413
Jack Pargeon		(614) 480-3878

HUNTINGTON BANCSHARES REPORTS:

•

2008 SECOND QUARTER NET INCOME OF $101.4 MILLION, OR $0.25 PER COMMON SHARE

	•		Includes a net negative impact of $0.03 per common share from significant items
	•		Annualized net charge-offs of 0.64%
	•		$56 million net increase in the allowance for credit losses to 1.80%
	•		Removal of $762 million of the Franklin loans from non-performing asset status
	•		9.03% Tier 1 capital ratio and 12.31% Total risk-based capital ratio

•

2008 FULL-YEAR REPORTED EARNINGS TARGET OF $1.25-$1.35 PER COMMON SHARE

          COLUMBUS, Ohio — Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com) reported 2008 second quarter net income of $101.4 million, or $0.25 per common share. Earnings in the year-ago second quarter were $80.5 million, or $0.34 per common share.

          Huntington also revised its 2008 full-year reported earnings target to $1.25-$1.35 per common share, down from the previously targeted amount of $1.45-$1.50 per common share. The reduction primarily reflected an assumed higher provision for loan and lease losses.

PERFORMANCE OVERVIEW

          Performance compared with the 2008 first quarter included:

•

Net income of $0.25 per common share, compared with net income of $0.35 per common share.

•

Current quarter earnings were negatively impacted by $0.03 per common share primarily reflecting merger/restructuring costs and net market-related losses. The 2008 first quarter earnings were positively impacted by $0.03 per common share reflecting the significant items detailed in Table 1 below.

•

Current quarter earnings per common share reflected a dilutive impact of $0.03 per common share, related to the convertible preferred stock issuance in April.

	•		$120.8 million of provision for credit losses, up from $88.7 million in the first quarter, and $55.6 million higher than net charge-offs of $65.2 million, or an annualized 0.64% of average total loans and leases.
	•		3.29% net interest margin, up from 3.23% in the 2008 first quarter, primarily reflecting improved pricing of core deposits and the funding provided by the convertible preferred capital issuance.
	•		11% annualized linked-quarter growth in average total commercial loans and a 1% annualized linked-quarter increase in average total consumer loans.
	•		1% annualized linked-quarter decline in average total core deposits, primarily reflecting a planned reduction in non-relationship collateralized public fund deposits.
	•		Strong linked-quarter growth in service charges on deposit accounts, other service charges, and non-MSR related mortgage banking income.
	•		$7.3 million linked-quarter increase in total non-interest expense all attributable to the increase in merger/restructuring costs, with non-merger-related expenses reflecting our continued focus on improving expense efficiencies.
	•		$3.4 million benefit to provision for income taxes, representing a reduction to the previously established capital loss carry-forward valuation allowance related to the value of Visa® shares held. The comparable tax benefit in the first quarter was $11.1 million.
	•		1.80% period-end allowance for credit losses (ACL) ratio, up from 1.67% at the end of the first quarter.
	•		41% decrease in non-performing assets (NPAs), primarily reflecting:

	•		68% decline from Franklin Credit Management Corporation (Franklin) restructured loans, to $368.4 million at June 30, 2008 from $1.157 billion at the end of the prior quarter as the Tranche A portion was removed from non-performing status. Total Franklin loans declined 2% to $1.130 billion as of June 30, 2008.
	•		42% increase in non-accrual loans (NALs) with most of the increase in commercial real estate (CRE) loans, including the single family home builder segment, and commercial and industrial (C&I) loans related to the residential development segment. Period-end NALs represented 1.30% of total loans and leases, up from 0.92% at March 31, 2008.

•

9.03% and 12.31% period-end Tier 1 and Total risk-based capital ratios, higher than 7.56% and 10.87%, respectively, at March 31, 2008, and well above the regulatory “well capitalized” thresholds of 6.0% and 10.0%, respectively. The “well capitalized” level is the highest regulatory capital designation.

          “Despite a continued challenging credit environment, we are pleased with the performance of our core franchise,” said Thomas E. Hoaglin, chairman, president, and chief executive officer. “Our net interest margin rebounded nicely from the first quarter, reflecting market stabilization and more rational pricing in our markets. We grew loans in ten of our thirteen regions and increased demand deposits in a challenging market. We took steps to further enhance our balance sheet with the sale of $473 million in mortgage loans and executed an on-balance sheet

securitization of $887 million in automobile loans. Key fee income activities increased or rebounded from seasonally low first quarter levels and underlying operating expenses declined.”

          “We accomplished our objective of significantly strengthening our capital,” he continued. “Our period end Tier 1 risk-based capital ratio improved to 9.03%, up from 7.56% at the end of the first quarter. This improvement reflected the convertible preferred securities that we issued in April, the impact of strategic asset sales and securitizations, and our second quarter retained earnings. We believe our capital level is well-positioned to navigate the current credit environment. Our Tier 1 capital ratio is one of the highest among our peer group.”

          “Our credit quality performance was consistent with the expectations we announced on June 19,” he continued. “Our allowance for credit losses (ACL) increased $56 million, or 13 basis points, and our net charge-offs ratio was 64 basis points, which is slightly less than our current 2008 full year net charge-off targeted range of 65-70 basis points. The economy remains weak in our markets and this continues to put stress on borrowers. As we entered this year, our expectation was that the economy would remain under stress and it is increasingly likely that we will not see any improvement until we are well into next year. We do not think the economic environment will get materially worse, but neither do we expect any near term relief. As such, we expect to continue to build our reserves and estimate that our year-end allowance for credit losses will be 10-20 basis points higher than June’s 1.80% level.”

          Hoaglin said, “We continue to monitor closely our lending relationship with Franklin Credit Management Corporation. Second quarter cash flows from the Franklin loans again exceeded those required per terms of the 2007 fourth quarter restructuring agreement. This performance was reflected in our decision to move $762 million out of non-performing asset status. All the Franklin loans, including those remaining classified as non-performing assets, continued to perform and accrue interest.”

          “We are reducing our 2008 full-year earnings estimate to $1.25-$1.35 per share,” he said. “This reduction in our guidance from three months ago reflects second quarter performance, but mostly a continued building of our allowance for credit losses in the second half of the year, although at a slower pace than the first half. This earnings range is wider than our previous guidance due to economic uncertainty, especially regarding credit. We continue to expect good performance for the second half of the year, including a flat to slightly up net interest margin, modest loan and deposit growth, increases in key fee income activities, and improved expense efficiencies. We also remain confident that despite the current credit quality challenges, the actions we have taken over the last several years to reduce portfolio risk will result in overall better relative credit quality performance throughout this cycle,” he concluded.

SECOND QUARTER PERFORMANCE DISCUSSION

Significant Items Influencing Financial Performance Comparisons

          Specific significant items impacting 2008 second quarter performance included (see Table 1 below):

•

$3.4 million ($0.01 per common share) benefit to provision for income taxes, representing a reduction to the previously established capital loss carry-forward valuation allowance related to the value of Visa® shares held.

	•		$14.6 million pre-tax ($0.03 per common share) of merger/restructuring costs (see Estimating the Impact on Balance Sheet and Income Statement Results Due to Acquisitions discussion). We expect no further merger/restructuring expenses in 2008.
	•		$6.8 million pre-tax ($0.01 per common share) negative impact of net market-related losses consisting of:

	•		$7.2 million loss on the sale of non-performing, held-for-sale loans,
	•		$4.6 million of equity investment losses,
	•		$1.3 million net negative impact of mortgage servicing rights (MSR) hedging consisting of a net impairment loss of $10.7 million included in non-interest income, partially offset by related net interest income benefit of $9.4 million,
	•		$2.2 million gain on extinguishment of debt,
	•		$2.1 million of investment securities gains, and
	•		$2.1 million gain on the sale of $473 million in mortgage loans.

Table 1 — Significant Items Impacting Earnings Performance Comparisons ⁽¹⁾

Three Months Ended		Impact (2)
(in millions, except per share)		Pre-tax				EPS (3)
June 30, 2008 — GAAP earnings		$	101.4	(3)		$	0.25
•     Deferred tax valuation allowance benefit			3.4	(3)			0.01
•     Merger/restructuring costs			(14.6	)			(0.03	)
•     Net market-related losses			(6.8	)			(0.01	)
March 31, 2008 — GAAP earnings		$	127.1	(3)		$	0.35
•     Aggregate impact of Visa® IPO			37.5				0.07
•     Deferred tax valuation allowance benefit			11.1	(3)			0.03
•     Net market-related losses			(20.0	)			(0.04	)
•     Asset impairment			(11.0	)			(0.02	)
•     Merger costs			(7.3	)			(0.01	)
June 30, 2007 — GAAP earnings		$	80.5	(3)		$	0.34
•     Merger costs			(7.6	)			(0.02	)
•     Net market-related losses			(3.5	)			(0.01	)

Net Interest Income, Net Interest Margin, and Average Balance Sheet

2008 Second Quarter versus 2007 Second Quarter

          Fully taxable equivalent net interest income increased $138.0 million, or 54%, from the year-ago quarter. This reflected the favorable impact of a $16.6 billion, or 52%, increase in average earning assets, with $14.6 billion representing an increase in average loans and leases, and a 3 basis point increase in the net interest margin to 3.29%. The increase in average earning assets, including loans and leases, was primarily Sky Financial merger-related. Table 2 details the $14.6 billion reported increase in average loans and leases.

Table 2 — Loans and Leases — 2Q08 vs. 2Q07

		Second Quarter								Change								Merger				Non-merger Related
(in billions)		2008				2007				Amount				%				Related				Amount				% (1)
Average Loans and Leases
Commercial and industrial		$	13.6			$	8.2			$	5.5				67	%		$	4.8			$	0.7				5	%
Commercial real estate			9.6				4.7				5.0			NM					4.0				1.0				11
Total commercial			23.2				12.8				10.4				81				8.7				1.7				8
Automobile loans and leases			4.6				3.9				0.7				18				0.4				0.2				6
Home equity			7.4				5.0				2.4				48				2.4				0.0				0
Residential mortgage			5.2				4.4				0.8				19				1.1				(0.3	)			(5	)
Other consumer			0.7				0.4				0.3				65				0.1				0.1				23
Total consumer			17.8				13.6				4.2				31				4.1				0.1				1
Total loans and leases		$	41.0			$	26.4			$	14.6				55	%		$	12.8			$	1.8				5	%

(1) = non-merger related / (prior period + merger-related)

          The $1.8 billion, or 5%, non-merger-related increase in average total loans and leases primarily reflected:

	•		$1.7 billion, or 8%, increase in average total commercial loans, with growth reflected in both commercial and industrial (C&I) loans and commercial real estate (CRE) loans. The growth in CRE was primarily to existing borrowers with a focus on traditional income producing property types and was not related to residential developer segments.
	•		$0.1 billion, or 1%, increase in average total consumer loans. This reflected growth in automobile loans and leases and other consumer loans, partially offset by a decline in residential mortgages due to loan sales in the current and year-ago quarters. Average home equity loans were little changed.

          Table 3 details the $13.8 billion reported increase in average total deposits.

Table 3 — Deposits — 2Q08 vs. 2Q07

		Second Quarter								Change								Merger				Non-merger Related
(in billions)		2008				2007				Amount				%				Related				Amount				% (1)
Average Deposits
Demand deposits — non-interest bearing		$	5.1			$	3.6			$	1.5				41	%		$	1.8			$	(0.4	)			(7)	%
Demand deposits — interest bearing			4.1				2.4				1.7				70				1.5				0.2				6
Money market deposits			6.3				5.5				0.8				15				1.0				(0.2	)			(3	)
Savings and other domestic deposits			5.0				2.9				2.1				72				2.6				(0.5	)			(9	)
Core certificates of deposit			11.0				5.6				5.4				96				4.6				0.7				7
Total core deposits			31.4				20.0				11.4				57				11.5				(0.1	)			(0	)
Other deposits			6.6				4.3				2.3				54				1.3				1.0				17
Total deposits		$	38.0			$	24.3			$	13.8				57	%		$	12.9			$	0.9				2	%

(1) = non-merger related / (prior period + merger-related)

          Most of the increase in average total deposits was merger-related. The $0.9 billion non-merger-related increase reflected:

•

$1.0 billion, or 17%, growth in other deposits, primarily other domestic deposits over $100,000, reflecting increases in commercial and public funds deposits.

          Partially offset by:

•

$0.1 billion decrease in average total core deposits. This reflected a decline in non-interest bearing demand deposits, a planned reduction in non-relationship collateralized public fund deposits, as well as a decline in average savings and other domestic deposits and money market deposits, as customers continued to transfer funds from lower rate to higher rate accounts like certificates of deposits. Offsetting these declines was continued growth in core certificates of deposit, as well as in interest bearing demand deposits.

2008 Second Quarter versus 2008 First Quarter

          Compared with the 2008 first quarter, fully taxable equivalent net interest income increased $13.2 million, or 3%. This reflected the positive impact of a higher net interest margin and an increase in average earning assets, primarily loans. The net interest margin was 3.29% in the quarter, up 6 basis points. The 6 basis point increase reflected:

	•		5 basis points positive impact primarily due to improved pricing of core deposits.
	•		2 basis points increase related to the funding provided by the convertible preferred capital issuance.

Partially offset by:

•

1 basis point decrease related to earning asset mix.

          Table 4 details the $0.7 billion reported increase in average loans and leases.

Table 4 — Loans and Leases — 2Q08 vs. 1Q08

		Second				First
		Quarter				Quarter				Change
(in billions)		2008				2008				Amount				%
Average Loans and Leases
Commercial and industrial		$	13.6			$	13.3			$	0.3				2	%
Commercial real estate			9.6				9.3				0.3				3
Total commercial			23.2				22.6				0.6				3
Automobile loans and leases			4.6				4.4				0.2				3
Home equity			7.4				7.3				0.1				1
Residential mortgage			5.2				5.4				(0.2	)			(3	)
Other consumer			0.7				0.7				(0.0	)			(2	)
Total consumer			17.8				17.7				0.1				0
Total loans and leases		$	41.0			$	40.4			$	0.7				2	%

          The $0.7 billion, or 2%, increase in average total loans and leases reflected 3% growth in average total commercial loans. The second quarter growth was comprised primarily of new or increased loan facilities to existing borrowers. This growth was not related to the single family home builder segment or funding interest coverage on existing construction loans. Average total consumer loans increased slightly, led by growth in automobile loans and leases and modest growth in home equity, partially offset by declines in residential mortgages and other consumer loans. During the quarter, $473 million residential mortgage loans were sold to improve our interest rate risk position and overall balance sheet.

          Table 5 details the $0.1 billion increase in average total deposits.

Table 5 — Deposits — 2Q08 vs. 1Q08

		Second				First
		Quarter				Quarter				Change
(in billions)		2008				2008				Amount				%
Average Deposits
Demand deposits — non-interest bearing		$	5.1			$	5.0			$	0.0				1	%
Demand deposits — interest bearing			4.1				3.9				0.2				4
Money market deposits			6.3				6.8				(0.5	)			(7	)
Savings and other domestic deposits			5.0				5.0				0.0				1
Core certificates of deposit			11.0				10.8				0.2				1
Total core deposits			31.4				31.5				(0.1)				(0	)
Other deposits			6.6				6.4				0.2				3
Total deposits		$	38.0			$	37.9			$	0.1				0	%

          Average total deposits were $38.0 billion, up slightly compared with the prior quarter. There were changes between the various deposit account categories consisting of:

•

$0.2 billion, or 3%, increase in other deposits, reflecting an increase in brokered deposits.

Partially offset by:

•

$0.1 billion decline in average total core deposits. The primary driver of the change was a planned reduction in low margin collateralized public fund deposits.

Provision for Credit Losses

          The provision for credit losses in the 2008 second quarter was $120.8 million, up $60.7 million from the year-ago quarter, and up $32.2 million from the first quarter. The reported 2008 second quarter provision for credit losses exceeded net charge-offs by $55.6 million. (See Credit Quality Discussion).

Non-Interest Income

2008 Second Quarter versus 2007 Second Quarter

          Non-interest income increased $80.2 million from the year-ago quarter. The $68.7 million of merger-related non-interest income drove most of the increase. Table 6 details the $80.2 million increase in reported total non-interest income.

Table 6 — Non-interest Income — 2Q08 vs. 2Q07

		Second Quarter								Change								Merger				Non-merger Related
(in millions)		2008				2007				Amount				%				Related				Amount				% (1)
Non-interest Income
Service charges on deposit accounts		$	79.6			$	50.0			$	29.6				59	%		$	24.1			$	5.5				7	%
Trust services			33.1				26.8				6.3				24				7.0				(0.7	)			(2	)
Brokerage and insurance income			35.7				17.2				18.5			NM					17.1				1.4				4
Other service charges and fees			23.2				14.9				8.3				56				5.8				2.5				12
Bank owned life insurance income			14.1				10.9				3.2				30				1.8				1.4				11
Mortgage banking income (loss)			12.5				7.1				5.4				76				6.3				(0.9	)			(7	)
Securities gains (losses)			2.1				(5.1	)			7.2			NM					0.3				6.9			NM
Other income			36.1				34.4				1.7				5				6.4				(4.7	)			(12	)
Total non-interest income		$	236.4			$	156.2			$	80.2				51	%		$	68.7			$	11.5				5	%

(1) = non-merger related / (prior period + merger-related)

          The $11.5 million, or 5%, non-merger-related increase reflected:

•

$6.9 million increase in securities gains, reflecting the current quarter’s gain compared with a loss in the year-ago quarter.

•

$5.5 million, or 7%, increase in service charges on deposit accounts, primarily reflecting strong growth in personal service charge income.

•

$2.5 million, or 12%, increase in other service charges, reflecting higher debit card volume.

Partially offset by:

•

$4.7 million, or 12%, decrease in other income, primarily reflecting the current quarter’s $7.2 million loss on sale of held-for-sale loans, higher equity investment losses ($4.6 million loss in the current quarter vs. $2.3 million gain in the year-ago quarter), partially offset by higher automobile operating lease income ($9.4 million in the current quarter vs. $1.6 million in the year-ago quarter).

2008 Second Quarter versus 2008 First Quarter

          Non-interest income increased $0.7 million from the first quarter.

Table 7 — Non-interest Income — 2Q08 vs. 1Q08

		Second				First
		Quarter				Quarter				Change
(in millions)		2008				2008				Amount				%
Non-interest Income
Service charges on deposit accounts		$	79.6			$	72.7			$	7.0				10	%
Trust services			33.1				34.1				(1.0	)			(3	)
Brokerage and insurance income			35.7				36.6				(0.9	)			(2	)
Other service charges and fees			23.2				20.7				2.5				12
Bank owned life insurance income			14.1				13.8				0.4				3
Mortgage banking income (loss)			12.5				(7.1	)			19.6			NM
Securities gains (losses)			2.1				1.4				0.6				45
Other income			36.1				63.5				(27.5	)			(43	)
Total non-interest income		$	236.4			$	235.8			$	0.7				0	%

          This $0.7 million increase reflected:

	•		$19.6 million increase in mortgage banking income. This reflected a $3.5 million, or 20%, increase in core mortgage banking activities, primarily secondary marketing and servicing fees, a $2.1 million gain on sale of mortgage loans, and a $14.0 million lower negative MSR valuation impact reflecting the current quarter’s $10.7 million negative MSR valuation impact, compared with a $24.7 million negative MSR valuation impact in the prior quarter. These negative MSR valuation impacts are partially offset by a net interest margin benefit from the hedging assets.
	•		$7.0 million, or 10%, increase in service charges on deposit accounts, primarily reflecting a seasonal increase in personal service charges.
	•		$2.5 million, or 12%, increase in other service charges and fees, reflecting a seasonal increase in debit card fees.

Partially offset by:

•

$27.5 million, or 43%, decrease in other income. The first quarter included a $25.1 million gain related to the Visa® IPO and a $5.9 million venture capital loss. The second quarter included a $7.2 million loss on loans held-for-sale, a $1.9 million decline in equity investment income ($4.6 million loss in the current quarter vs. $2.7 million loss in the prior quarter), a $3.3 million decline in derivatives income, and a $3.5 million increase in automobile operating lease income.

Non-interest Expense

2008 Second Quarter versus 2007 Second Quarter

          Non-interest expense increased $133.1 million from the year-ago quarter. The $135.7 million of merger-related expenses and $7.0 million of higher merger/restructuring costs drove the increase, as non-merger-related expenses declined $9.5 million, or 2%. Table 8 details the $133.1 million increase in reported total non-interest expense.

Table 8 — Non-interest Expense — 2Q08 vs. 2Q07

																						Merger /
		Second Quarter								Change								Merger				Restruct.				Non-merger Related
(in millions)		2008				2007				Amount				%				Related				Costs				Amount				% (1)
Non-interest Expense
Personnel costs		$	200.0			$	135.2			$	64.8				48	%		$	68.3			$	10.0			$	(13.5	)			(6	)%
Outside data processing and other services			30.2				25.7				4.5				17				12.3				(5.0	)			(2.8	)			(9	)
Net occupancy			27.0				19.4				7.6				39				10.2				1.7				(4.3	)			(14	)
Equipment			25.7				17.2				8.6				50				4.8				2.8				1.0				4
Amortization of intangibles			19.3				2.5				16.8			NM					16.5				—				0.3				2
Marketing			7.3				9.0				(1.6	)			(18	)			4.4				(1.6	)			(4.5	)			(38	)
Professional services			13.8				8.1				5.7				70				2.7				(1.0	)			3.9				40
Telecommunications			6.9				4.6				2.3				50				2.2				0.0				0.1				1
Printing and supplies			4.8				3.7				1.1				30				1.4				0.0				(0.3	)			(6	)
Other expense			42.9				19.3				23.5			NM					13.0				(0.1	)			10.5				33
Total non-interest expense		$	377.8			$	244.7			$	133.1				54	%		$	135.7			$	7.0			$	(9.5	)			(2	)%

(1) = non-merger related / (prior period + merger-related)

          The $9.5 million, or 2%, non-merger-related decline reflected:

	•		$13.5 million, or 6%, decline in personnel expense, reflecting the benefit of merger efficiencies, including the impact of a 667 person reduction, or 6%, in full-time equivalent staff from December 31, 2007.
	•		$4.5 million, or 38%, decline in marketing expense.
	•		$4.3 million, or 14%, decline in net occupancy expense reflecting merger efficiencies.
	•		$2.8 million, or 9%, decline in outside data processing and other services, reflecting merger efficiencies.

Partially offset by:

	•		$10.5 million, or 33%, increase in other expense. This increase primarily reflected a $6.3 million increase in automobile operating lease expense and a $6.0 million increase in OREO expenses, partially offset by a $1.9 million decline in gains from the extinguishment of debt ($2.2 million in the current quarter vs. $4.1 million in the year-ago quarter).
	•		$3.9 million, or 40%, increase in professional services expense, reflecting increased collection costs.

2008 Second Quarter versus 2008 First Quarter

          Non-interest expense increased $7.3 million, or 2%, from the 2008 first quarter, reflecting increased merger/restructuring costs. Table 9 details the $7.3 million increase in reported total non-interest expense.

Table 9 — Non-interest Expense — 2Q08 vs. 1Q08

		Second				First												Merger /
		Quarter				Quarter				Change								Restruct.				Non-merger Related
(in millions)		2008				2008				Amount				%				Costs				Amount				% (1)
Non-interest Expense
Personnel costs		$	200.0			$	201.9			$	(2.0	)			(1	)%		$	7.8			$	(9.7	)			(5	)%
Outside data processing and other services			30.2				34.4				(4.2	)			(12	)			(4.3	)			0.1				0
Net occupancy			27.0				33.2				(6.3	)			(19	)			1.4				(7.6	)			(22	)
Equipment			25.7				23.8				1.9				8				2.7				(0.8	)			(3	)
Amortization of intangibles			19.3				18.9				0.4				2				—				0.4				2
Marketing			7.3				8.9				(1.6	)			(18	)			(0.1	)			(1.5	)			(17	)
Professional services			13.8				9.1				4.7				51				0.4				4.3				45
Telecommunications			6.9				6.2				0.6				10				(0.6	)			1.2				21
Printing and supplies			4.8				5.6				(0.9	)			(15	)			(0.0	)			(0.8	)			(15	)
Other expense			42.9				28.3				14.5				51				0.0				14.5				51
Total non-interest expense		$	377.8			$	370.5			$	7.3				2	%		$	7.3			$	0.0				0	%

(1) = non-merger related / (prior period + merger-related)

          Non-merger-related expenses were flat, and reflected:

	•		$14.5 million, or 51%, increase in other expense. The first quarter included a $12.4 million Visa® indemnification reversal and a $2.6 million asset impairment expense. The second quarter included a $2.7 million increase in automobile operating lease expense and a $2.7 million increase in OREO expenses, partially offset by a $2.2 million gain from debt extinguishment.
	•		$4.3 million, or 45%, increase in professional services reflecting increased collection costs.

     Partially offset by:

	•		$9.7 million, or 5%, decrease in personnel costs, reflecting seasonally lower payroll taxes and lower headcount.
	•		$7.6 million, or 22%, decrease in net occupancy expense, reflecting higher seasonal expenses in the prior quarter, and the prior quarter’s $2.5 million write down of leasehold improvements in our Cleveland main office.

Income Taxes

          The provision for income taxes in the 2008 second quarter was $26.3 million, resulting in an effective tax rate of 20.6%. The effective tax rate included a $3.4 million benefit to provision for income taxes, representing a reduction to the previously established capital loss carry-forward valuation allowance related to the value of Visa^® shares held. The effective tax rate for the second half of 2008 is expected to be in a range of 24%-26%.

Franklin Credit Management Relationship

          At June 30, 2008, total exposure to Franklin was $1.130 billion, down $27 million, or 2%, from $1.157 billion at March 31, 2008. This relationship continued to perform and accrue interest. In the second half of 2008, our proportion of payments received is expected to increase to our pro-rata participation level, following satisfaction of certain terms of the restructuring agreement, which provided for a more rapid amortization on a certain participant’s portion of the

debt. There were no Franklin-related net charge-offs or provision for credit losses in the current or prior quarter. At June 30, 2008, the specific allowance for loan and lease losses for Franklin was $115.3 million, unchanged from March 31, 2008. The cash flow generated by the underlying collateral continued to exceed that required per terms of the 2007 fourth quarter restructuring agreement. As a result, and as announced June 19, 2008, the $762 million Tranche A portion of our Franklin exposure was moved out of the troubled debt restructuring non-performing asset classification based on 2008 first half and continued expected cash flow performance.

Credit Quality

          Credit quality performance in the 2008 second quarter was consistent with expectations announced on June 19, 2008. The reserve increase reflected the impact of the continued economic weakness across our Midwest markets. These economic factors influenced the performance of net charge-offs (NCOs) and non-accrual loans (NALs). To maintain the adequacy of our reserves, there was a commensurate significant increase in the provision for credit losses (see Provision for Credit Losses discussion) in order to increase the absolute and relative levels of our allowance for credit losses (ACL).

Net Charge-Offs

          Total net charge-offs for the 2008 second quarter were $65.2 million, or an annualized 0.64% of average total loans and leases. Second quarter net charge-offs in the year-ago quarter were $34.5 million, or an annualized 0.52%. Total net charge-offs in the 2008 first quarter were $48.4 million, or an annualized 0.48%.

          Total commercial net charge-offs for the 2008 second quarter were $27.5 million, or an annualized 0.47%, compared with 2007 second quarter net charge-offs of $20.5 million, or 0.64%. Total commercial net charge-offs in the 2008 first quarter were $15.0 million, or an annualized 0.27%. Of the current quarter’s total commercial net charge-offs, C&I loan net charge-offs were $12.4 million, or an annualized 0.36%, and CRE loan net charge-offs were $15.1 million, or an annualized 0.63%.

          Total consumer net charge-offs in the current quarter were $37.8 million, or an annualized 0.85%. This was higher than an annualized 0.41% in the year-ago period and 0.75% in the prior quarter.

          Automobile loan and lease net charge-offs were $11.5 million, or an annualized 1.01% in the current quarter, up from 0.45% in the year-ago period but consistent with 1.02% in the prior period. This level reflected a slightly lower level of annualized automobile loan net charge-offs compared with the prior quarter, but an increase in annualized automobile lease net charge-offs. The declining balances of automobile direct financing leases, coupled with the fact that no new automobile direct financing leases are being originated, increases the potential for volatility in reported automobile direct financing lease net charge-offs. Both the automobile loan and lease net charge-offs were also negatively impacted by the lack of recovery in used car prices. It is our expectation that the automobile loan and lease net charge-off ratio for the 2008 second half will be consistent with the 2008 first half.

          Home equity net charge-offs in the 2008 second quarter were $14.0 million, or an annualized 0.76%, up from an annualized 0.43%, in the year-ago quarter but down from an annualized

0.80% in the prior quarter. This portfolio continues to be impacted by the general housing market slowdown. The losses were evident across our footprint, but are lower in our Columbus and Cincinnati markets. Our expectation is that 2008 second half performance will be consistent with the 2008 first half, as the small broker-originated portfolio continues to decline, and our enhanced loss mitigation programs positively impact performance. We continue to believe our home equity net charge-off experience will compare very favorably to the industry.

          Residential mortgage net charge-offs were $4.3 million, or an annualized 0.33% of related average balances. This was up from an annualized 0.16% in the year-ago quarter and from an annualized 0.22% in the prior quarter. We expect residential mortgage net charge-offs will remain under modest upward pressure from the 2008 first half level for the remainder of 2008, given our limited exposure to non-traditional mortgages.

Non-accrual Loans and Non-performing Assets

          Non-accrual loans (NALs) were $535.0 million at June 30, 2008, and represented 1.30% of total loans and leases. This compared with $211.5 million, or 0.79%, at the end of the year-ago period, and $377.4 million, or 0.92%, at March 31, 2008. The $157.7 million, or 42%, increase in NALs from the end of the prior quarter, primarily reflected a $78.7 million, or 43%, increase in CRE NALs and a $59.5 million, or 58%, increase in C&I NALs. Residential mortgage and home equity NALs increased 25%, and 12%, respectively, also reflecting the overall economic weakness in our markets.

          Non-performing assets (NPAs), which include NALs, were $993.1 million at June 30, 2008. This compared with $261.2 million at the end of the year-ago period and $1.678 billion at March 31, 2008. The $684.7 million, or 41%, decrease in NPAs from the end of the prior quarter reflected:

	•		$789.0 million, or 68%, reduction in restructured Franklin loans, primarily reflecting the removal of the Tranche A portion of the total Franklin loans based on the 2008 first half and continued expected cash flow performance.
	•		$51.6 million, or 78%, reduction in impaired loans held-for-sale, primarily reflecting loan sales.
	•		$1.5 million decline in other real estate.

Partially offset by:

•

$157.7 million increase in NALs as discussed above.

          The over 90-day delinquent, but still accruing, ratio was 0.33% at June 30, 2008, up from 0.25% at the end of the year-ago quarter, but down from 0.37% at March 31, 2008. The 4 basis point decrease in the 90-day delinquent ratio from March 31, 2008, reflected a 4 basis point decrease in the total commercial loan 90-day delinquent ratio to 0.14% from 0.18%, and a 3 basis point decrease in the total consumer loan 90-day delinquent ratio to 0.59% from 0.62%.

Allowances for Credit Losses (ACL)

          We maintain two reserves, both of which are available to absorb probable credit losses: the allowance for loan and lease losses (ALLL) and the allowance for unfunded loan commitments and letters of credit (AULC). When summed together, these reserves constitute the total ACL.

          At June 30, 2008, the ALLL was $679.4 million, up from $307.5 million a year ago and from $627.6 million at March 31, 2008. Expressed as a percent of period-end loans and leases, the ALLL ratio at June 30, 2008, was 1.66%, up from 1.15% a year ago and from 1.53% at March 31, 2008. The $51.8 million increase from the end of the prior quarter primarily reflected the impact of the continued economic weakness across our Midwest markets. Given the current market conditions, we believe the increase in the ALLL is prudent and appropriate. At June 30, 2008, the specific ALLL related to Franklin was $115.3 million, unchanged from March 31, 2008.

          Table 10 shows the change in the ALLL ratio and each reserve component for the 2008 second quarter and for the 2008 first quarter and 2007 second quarter.

Table 10 — Components of ALLL as Percent of Total Loans and Leases

														2Q08 change from
		2Q08				1Q08				2Q07				1Q08				2Q07
Transaction reserve (1)			1.45	%			1.34	%			0.94	%			0.11	%			0.51	%
Economic reserve			0.21				0.19				0.21				0.02				—
Total ALLL			1.66	%			1.53	%			1.15	%			0.13	%			0.51	%

(1) Includes specific reserve

          The ALLL as a percent of NALs was 127% at June 30, 2008, down from 145% a year ago and from 166% at March 31, 2008. At June 30, 2008, the AULC was $61.3 million, up from $41.6 million at the end of the year-ago quarter, and from $57.6 million at March 31, 2008.

          On a combined basis, the ACL as a percent of total loans and leases at June 30, 2008, was 1.80%, up from 1.30% a year ago and from 1.67% at March 31, 2008. The ACL as a percent of NALs was 138% at June 30, 2008, down from 165% a year ago and from 182% at March 31, 2008.

Capital

          At June 30, 2008, the regulatory Tier 1 and Total risk-based capital ratios were 9.03% and 12.31%, respectively, up from 7.56% and 10.87%, respectively, at March 31, 2008. Both ratios are well above the regulatory “well capitalized” thresholds of 6.0% and 10.0%, respectively. The “well capitalized” level is the highest regulatory capital designation.

          No shares were repurchased during the quarter. Though there are currently 3.9 million shares remaining available for repurchase under the current authorization announced April 20, 2006, no future share repurchases are currently contemplated.

2008 OUTLOOK

          When earnings guidance is given, it is our practice to do so on a GAAP basis, unless otherwise noted. Such guidance includes the expected results of all significant forecasted activities. However, guidance typically excludes selected items where the timing and financial impact is uncertain until the impact can be reasonably forecasted, as well as potential unusual or one-time items.

          Our expectation for 2008 is that the Midwest economic environment will continue to be weak. We will continue to target our interest rate risk position at our customary relatively neutral position.

          The assumptions listed below form the basis for our 2008 full-year earnings outlook.

	•		Second half 2008 net interest margin flat to slightly up from the 2008 second quarter, reflecting improved loan and deposit pricing.
	•		Second half 2008 average total loan growth in the low-single digit range from the 2008 second quarter level adjusted for the mortgage loan sale, with commercial loans in the mid-single digit range and consumer loans being relatively flat.
	•		Second half 2008 average core deposit growth in the low to mid-single digit range from the 2008 second quarter level.
	•		Second half 2008 non-interest income growth in the low-single digit range from the annualized 2008 second quarter non-interest income level adjusted for the significant items noted earlier (see Significant Items Influencing Financial Performance Comparisons discussion and Table 1).
	•		Second half 2008 non-interest expenses that are down slightly from the annualized 2008 second quarter non-interest expense level adjusted for the significant items noted earlier (see Significant Items Influencing Financial Performance Comparisons discussion and Table 1).
	•		$21 million, or $0.03 per common share, gain on extinguishment of debt transaction on June 30, 2008, that settled in early July and will be recognized in the third quarter results.
	•		No other significant net market-related gains or losses.
	•		10-20 basis point increase by year end in the ACL ratio from the 1.80% level at the end of the 2008 second quarter, continuing to reflect the general stress in the market. Full-year net charge-offs in the 65-70 basis point range.
	•		No share repurchases.
	•		The effective tax rate for the second half 2008 in a range of 24%-26%.

With the above assumptions, earnings for full year 2008 are targeted for $1.25-$1.35 per common share.

Conference Call / Webcast Information

          Huntington’s senior management will host an earnings conference call on Thursday, July 17, 2008, at 1:00 p.m. (Eastern Daylight Time). The call may be accessed via a live Internet webcast at www.huntington-ir.com or through a dial-in telephone number at 800-223-1238; conference ID 52522284. Slides will be available at www.huntington-ir.com just prior to 1:00 p.m. (Eastern Daylight Time) on July 17, 2008, for review during the call. A replay of the webcast will be archived in the Investor Relations section of Huntington’s web site www.huntington.com. A telephone replay will be available two hours after the completion of the call through July 31, 2008, at 800-642-1687; conference ID 52522284.

Forward-looking Statement

          This press release contains certain forward-looking statements, including certain plans, expectations, goals, projections, and statements, which are subject to numerous assumptions, risks, and uncertainties. Actual results could differ materially from those contained or implied by such statements for a variety of factors including: (1) deterioration in the loan portfolio could be worse than expected due to a number of factors such as the underlying value of the collateral could prove less valuable than otherwise assumed and assumed cash flows may be worse than expected; (2) merger revenue synergies may not be fully realized and/or within the expected timeframes; (3) changes in economic conditions; (4) movements in interest rates; (5) competitive pressures on product pricing and services; (6) success and timing of other business strategies; (7) the nature, extent, and timing of governmental actions and reforms; and (8) extended disruption of vital infrastructure. Additional factors that could cause results to differ materially from those described above can be found in Huntington’s 2007 Annual Report on Form 10-K, and documents subsequently filed by Huntington with the Securities and Exchange Commission. All forward-looking statements included in this release are based on information available at the time of the release. Huntington assumes no obligation to update any forward-looking statement.

Basis of Presentation

Use of Non-GAAP Financial Measures

          This earnings release contains GAAP financial measures and non-GAAP financial measures where management believes it to be helpful in understanding Huntington’s results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in this release, the Quarterly Financial Review supplement to this earnings release, or the 2008 second quarter earnings conference call slides, which can be found on Huntington’s website at huntington-ir.com.

Significant Items

          Certain components of the Income Statement are naturally subject to more volatility than others. As a result, analysts/investors may view such items differently in their assessment of performance compared with their expectations and/or any implications resulting from them on their assessment of future performance trends. It is a general practice of analysts/investors to try and determine their perception of what “underlying” or “core” earnings performance is in any given reporting period, as this typically forms the basis for their estimation of performance in future periods.

          Therefore, Management believes the disclosure of certain “Significant Items” in current and prior period results aids analysts/investors in better understanding corporate performance so that they can ascertain for themselves what, if any, items they may wish to include/exclude from their analysis of performance; i.e., within the context of determining how that performance differed from their expectations, as well as how, if at all, to adjust their estimates of future performance accordingly.

          To this end, Management has adopted a practice of listing as “Significant Items” in its external disclosure documents (e.g., earnings press releases, investor presentations, Forms 10-Q and 10-K) individual and/or particularly volatile items that impact the current period results by $0.01 per share or more. (The one exception is the provision for credit losses discussed below). Such “Significant Items” generally fall within one of two categories: timing differences and other items.

Timing Differences

          Part of the company’s regular business activities are by their nature volatile; e.g. capital markets income, gains and losses on the sale of loans, etc. While such items may generally be expected to occur within a full-year reporting period, they may vary significantly from period to period. Such items are also typically a component of an Income Statement line item and not, therefore, readily discernable. By specifically disclosing such items, analysts/investors can better assess how, if at all, to adjust their estimates of future performance.

Other Items

          From time to time, an event or transaction might significantly impact revenues, expenses, or taxes in a particular reporting period that are judged to be one-time, short-term in nature, and/or materially outside typically expected performance. Examples would be (1) merger costs as they typically impact expenses for only a few quarters during the period of transition; e.g., restructuring charges, asset valuation adjustments, etc.; (2) changes in an accounting principle; (3) one-time tax assessments/refunds; (4) a large gain/loss on the sale of an asset; (5) outsized commercial loan net charge-offs related to fraud; etc. In addition, for the periods covered by this release, the impact of the Franklin restructuring is deemed to be a significant item due to its unusually large size and because it was acquired in the Sky Financial merger and thus it is not representative of our typical underwriting criteria. By disclosing such items, analysts/investors can better assess how, if at all, to adjust their estimates of future performance.

Provision for Credit Losses

          While the provision for credit losses may vary significantly between periods, Management typically excludes it from the list of “Significant Items”, unless in Management’s view, there is a significant specific credit(s), which is causing distortion in the period.

          Provision expense is always an assumption in analyst/investor expectations of earnings and there is apparent agreement among them that provision expense is included in their definition of “underlying” or “core” earnings unlike “timing differences” or “other items”. In addition, provision expense is an individual Income Statement line item so its value is easily known and, except in very rare situations, the amount in any reporting period always exceeds $0.01 per share. In addition, the factors influencing the level of provision expense receive detailed additional disclosure and analysis so that analysts/investors have information readily available to understand the underlying factors that result in the reported provision expense amount.

          In addition, provision expense trends usually increase/decrease in a somewhat orderly pattern in conjunction with credit quality cycle changes; i.e., as credit quality improves provision expense generally declines and vice versa. While they may have differing views regarding magnitude and/or trends in provision expense, every analyst and most investors incorporate a provision expense estimate in their financial performance estimates.

Other Exclusions

          “Significant Items” for any particular period are not intended to be a complete list of items that may significantly impact future periods. A number of factors, including those described in Huntington’s 2007 Annual Report on Form 10-K and other factors described from time to time in Huntington’s other filings with the Securities and Exchange Commission, could significantly impact future periods.

Estimating the Impact on Balance Sheet and Income Statement Results Due to Acquisitions

          The merger with Sky Financial Group Inc. (Sky Financial) was completed on July 1, 2007. At the time of acquisition, Sky Financial had assets of $16.8 billion, including $13.3 billion of loans, and core deposits of $12.0 billion. Sky Financial results were fully included in our consolidated results for the full 2007 third quarter, and will impact all quarters thereafter. As a result, performance comparisons of 2008 second quarter performance to comparable year-ago periods are affected, as Sky Financial results were not included in the year-ago periods. Comparisons of the 2008 second quarter performance compared with year-ago periods are impacted as follows:

•

Increased reported average balance sheet, revenue, expense, and the absolute level of certain credit quality results (e.g., amount of net charge-offs).

•

Increased reported non-interest expense items because of costs incurred as part of merger integration activities, most notably employee retention bonuses, outside programming services related to systems

conversions, occupancy expenses, and marketing expenses related to customer retention initiatives.

          Given the significant impact of the merger on reported 2008 and 2007 results, management believes that an understanding of the impacts of the merger is necessary to understand better underlying performance trends. When comparing post-merger period results to pre-merger periods, the following terms are used when discussing financial performance:

	•		“Merger-related” refers to amounts and percentage changes representing the impact attributable to the merger.
	•		“Merger costs” represent non-interest expenses primarily associated with merger integration activities, including severance expense for key executive personnel.
	•		“Non-merger-related” refers to performance not attributable to the merger, and includes “merger efficiencies”, which represent non-interest expense reductions realized because of the merger.

          The following methodology has been implemented to estimate the approximate effect of the Sky Financial merger used to determine “merger-related” impacts.

Balance Sheet Items

          For loans and leases, as well as core deposits, Sky Financial’s balances as of June 30, 2007, adjusted for consolidating, merger, and purchase accounting adjustments, are used in the comparison. To estimate the impact on 2008 second quarter average balances, it was assumed that the June 30, 2007 balances, as adjusted, remained constant throughout the 2007 third quarter and all subsequent periods.

Income Statement Items

          For income statement line items, Sky Financial’s actual results for the first six months of 2007, adjusted for the impact of unusual items and purchase accounting adjustments, were determined. This six-month adjusted amount was divided by two to estimate a quarterly amount. This results in an approximate quarterly impact as the methodology does not adjust for any unusual items or seasonal factors in Sky Financial’s 2007 six-month results. Nor does it consider any revenue or expense synergies realized since the merger date. This same estimated amount will also be used in all subsequent quarterly reporting periods. The one exception to this methodology of holding the estimated quarterly impact constant relates to the amortization of intangibles expense where the amount is known and is therefore used.

          Table 11 below provides detail of changes to selected reported results to quantify the impact of the Sky Financial merger using this methodology:

Table 11 — Estimated Impact of Sky Financial Merger

2008 Second Quarter versus 2007 Second Quarter

		Second Quarter								Change								Merger				Non-merger Related
(in millions)		2008				2007				Amount				%				Related				Amount				% (1)
Average Loans and Leases
Commercial and industrial		$	13,631			$	8,167			$	5,464				66.9	%		$	4,775			$	689				5.3	%
Commercial real estate			9,601				4,651				4,950			NM					3,971				979				11.4
Total commercial			23,232				12,818				10,414				81.2				8,746				1,668				7.7
Automobile loans and leases			4,551				3,873				678				17.5				432				246				5.7
Home equity			7,365				4,973				2,392				48.1				2,385				7				0.1
Residential mortgage			5,178				4,351				827				19.0				1,112				(285	)			(5.2	)
Other consumer			699				424				275				64.9				143				132				23.3
Total consumer			17,793				13,621				4,172				30.6				4,072				100				0.6
Total loans and leases		$	41,025			$	26,439			$	14,586				55.2	%		$	12,818			$	1,768				4.5	%

(1) = non-merger related / (prior period + merger-related)

Average Deposits
Demand deposits — non-interest bearing		$	5,061			$	3,591			$	1,470				40.9	%		$	1,829			$	(359	)			(6.6	)%
Demand deposits — interest bearing			4,086				2,404				1,682				70.0				1,460				222				5.7
Money market deposits			6,267				5,466				801				14.7				996				(195	)			(3.0	)
Savings and other domestic deposits			5,047				2,931				2,116				72.2				2,594				(478	)			(8.7	)
Core certificates of deposit			10,952				5,591				5,361				95.9				4,630				731				7.2
Total core deposits			31,413				19,983				11,430				57.2				11,509				(79	)			(0.3	)
Other deposits			6,614				4,290				2,324				54.2				1,342				982				17.4
Total deposits		$	38,027			$	24,273			$	13,754				56.7	%		$	12,851			$	903				2.4	%

(1) = non-merger related / (prior period + merger-related)

																						Merger /
		Second Quarter								Change								Merger				Restruct.				Non-merger Related
(in thousands)		2008				2007				Amount				%				Related				Costs				Amount				% (1)
Net interest income — FTE		$	395,490			$	257,518			$	137,972				53.6	%		$	151,592							$	(13,620	)			(3.3	)%
Non-interest Income
Service charges on deposit accounts		$	79,630			$	50,017			$	29,613				59.2	%		$	24,110							$	5,503				7.4	%
Trust services			33,089				26,764				6,325				23.6				7,009								(684	)			(2.0	)
Brokerage and insurance income			35,694				17,199				18,495			NM					17,061								1,434				4.2
Other service charges and fees			23,242				14,923				8,319				55.7				5,800								2,519				12.2
Bank owned life insurance income			14,131				10,904				3,227				29.6				1,807								1,420				11.2
Mortgage banking income (loss)			12,502				7,122				5,380				75.5				6,256								(876	)			(6.5	)
Securities gains (losses)			2,073				(5,139	)			7,212			NM					283								6,929			NM
Other income			36,069				34,403				1,666				4.8				6,390								(4,724	)			(11.6	)
Total non-interest income		$	236,430			$	156,193			$	80,237				51.4	%		$	68,716							$	11,521				5.1	%
(1) = non-merger related / (prior period + merger-related)
Non-interest Expense
Personnel costs		$	199,991			$	135,191			$	64,800				47.9	%		$	68,250			$	10,019			$	(13,469	)			(6.3	)%
Outside data processing and other services			30,186				25,701				4,485				17.5				12,262				(4,969	)			(2,808	)			(8.5	)
Net occupancy			26,971				19,417				7,554				38.9				10,184				1,702				(4,332	)			(13.8	)
Equipment			25,740				17,157				8,583				50.0				4,799				2,799				985				4.0
Amortization of intangibles			19,327				2,519				16,808			NM					16,481				—				327				1.7
Marketing			7,339				8,986				(1,647	)			(18.3	)			4,361				(1,551	)			(4,457	)			(37.8	)
Professional services			13,752				8,101				5,651				69.8				2,707				(995	)			3,939				40.1
Telecommunications			6,864				4,577				2,287				50.0				2,224				3				60				0.9
Printing and supplies			4,757				3,672				1,085				29.5				1,374				19				(308	)			(6.1	)
Other expense			42,876				19,334				23,542			NM					13,048				(52	)			10,546				32.6
Total non-interest expense		$	377,803			$	244,655			$	133,148				54.4	%		$	135,690			$	6,975			$	(9,517	)			(2.5	)%

(1) = non-merger related / (prior period + merger-related)

2008 Second Quarter versus 2008 First Quarter

		Second				First
		Quarter				Quarter				Change
(in millions)		2008				2008				Amount				%
Average Loans and Leases
Commercial and industrial		$	13,631			$	13,343			$	288				2.2	%
Commercial real estate			9,601				9,287				314				3.4
Total commercial			23,232				22,630				602				2.7
Automobile loans and leases			4,551				4,399				152				3.5
Home equity			7,365				7,274				91				1.3
Residential mortgage			5,178				5,351				(173	)			(3.2	)
Other consumer			699				713				(14	)			(2.0	)
Total consumer			17,793				17,737				56				0.3
Total loans and leases		$	41,025			$	40,367			$	658				1.6	%
Average Deposits
Demand deposits — non-interest bearing		$	5,061			$	5,034			$	27				0.5	%
Demand deposits — interest bearing			4,086				3,934				152				3.9
Money market deposits			6,267				6,753				(486	)			(7.2	)
Savings and other domestic deposits			5,047				5,004				43				0.9
Core certificates of deposit			10,952				10,796				156				1.4
Total core deposits			31,413				31,521				(108	)			(0.3	)
Other deposits			6,614				6,410				204				3.2
Total deposits		$	38,027			$	37,931			$	96				0.3	%

		Second				First												Merger /
		Quarter				Quarter				Change								Restruct.				Non-merger Related
(in thousands)		2008				2008				Amount				%				Costs				Amount				% (1)
Net interest income — FTE		$	395,490			$	382,326			$	13,164				3.4	%						$	13,164				3.4	%
Non-interest Income
Service charges on deposit accounts		$	79,630			$	72,668			$	6,962				9.6	%						$	6,962				9.6	%
Trust services			33,089				34,128				(1,039	)			(3.0	)							(1,039	)			(3.0	)
Brokerage and insurance income			35,694				36,560				(866	)			(2.4	)							(866	)			(2.4	)
Other service charges and fees			23,242				20,741				2,501				12.1								2,501				12.1
Bank owned life insurance income			14,131				13,750				381				2.8								381				2.8
Mortgage banking income (loss)			12,502				(7,063	)			19,565			NM									19,565			NM
Securities gains (losses)			2,073				1,429				644				45.1								644				45.1
Other income			36,069				63,539				(27,470	)			(43.2	)							(27,470	)			(43.2	)
Total non-interest income		$	236,430			$	235,752			$	678				0.3	%						$	678				0.3	%
(1) = non-merger related / (prior period + merger-related)
Non-interest Expense
Personnel costs		$	199,991			$	201,943			$	(1,952	)			(1.0	)%		$	7,775			$	(9,727	)			(4.6	)%
Outside data processing and other services			30,186				34,361				(4,175	)			(12.2	)			(4,305	)			130				0.4
Net occupancy			26,971				33,243				(6,272	)			(18.9	)			1,359				(7,631	)			(22.1	)
Equipment			25,740				23,794				1,946				8.2				2,703				(757	)			(2.9	)
Amortization of intangibles			19,327				18,917				410				2.2				—				410				2.2
Marketing			7,339				8,919				(1,580	)			(17.7	)			(67	)			(1,513	)			(17.1	)
Professional services			13,752				9,090				4,662				51.3				399				4,263				44.9
Telecommunications			6,864				6,245				619				9.9				(591	)			1,210				21.4
Printing and supplies			4,757				5,622				(865	)			(15.4	)			(27	)			(838	)			(15.0	)
Other expense			42,876				28,347				14,529				51.3				28				14,501				51.1
Total non-interest expense		$	377,803			$	370,481			$	7,322				2.0	%		$	7,274			$	48				0.0	%

(1) = non-merger related / (prior period + merger-related)

2008 Six Months versus 2007 Six Months

		Six Months Ended
		June 30,								Change								Merger				Non-merger Related
(in millions)		2008				2007				Amount				%				Related				Amount				% (1)
Average Loans and Leases
Commercial and industrial		$	13,487			$	8,077			$	5,410				67.0	%		$	4,775			$	635				4.9	%
Commercial real estate			9,444				4,563				4,881			NM					3,971				910				10.7
Total commercial			22,931				12,640				10,291				81.4				8,746				1,545				7.2
Automobile loans and leases			4,475				3,893				582				14.9				432				150				3.5
Home equity			7,320				4,943				2,377				48.1				2,385				(8	)			(0.1	)
Residential mortgage			5,264				4,423				841				19.0				1,112				(271	)			(4.9	)
Other consumer			706				423				283				66.9				143				140				24.7
Total consumer			17,765				13,682				4,083				29.8				4,072				11				0.1
Total loans and leases		$	40,696			$	26,322			$	14,374				54.6	%		$	12,818			$	1,556				4.0	%