Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, except Share data
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
Assets      
Cash and due from banks $ 983,882 $ 847,888 $ 1,125,776
Interest-bearing deposits in banks 116,698 135,038 289,468
Trading account securities 98,771 185,404 106,858
Loans held for sale (includes $222,880, $754,117 and $404,817 respectively, measured at fair value) 224,860 [1] 793,285 [1] 777,843 [1]
Available-for-sale and other securities 8,099,716 9,895,244 8,803,718
Held-to-maturity securities 670,478 0 0
Loans and leases (includes $400,935, $522,717 and $657,213 respectively, measured at fair value) 39,126,452 [2] 38,106,507 [2] 36,969,695 [2]
Allowance for loan and lease losses (1,071,126) (1,249,008) (1,402,160)
Net loans and leases 38,055,326 36,857,499 35,567,535
Bank owned life insurance 1,480,203 1,458,224 1,436,433
Premises and equipment 528,590 491,602 492,859
Goodwill 444,268 444,268 444,268
Other intangible assets 201,864 228,620 258,811
Accrued income and other assets 2,145,383 2,482,570 2,467,269
Total assets 53,050,039 53,819,642 51,770,838
Liabilities      
Deposits 41,402,355 41,853,898 39,848,507
Short-term borrowings 2,022,946 2,040,732 1,093,218
Federal Home Loan Bank advances 220,224 172,519 599,798
Other long-term debt (includes $231,017, $356,089 and $494,512 respectively, measured at fair value) 1,635,247 [2] 2,144,092 [2] 2,569,934 [2]
Subordinated notes 1,496,461 1,497,216 1,195,210
Accrued expenses and other liabilities 1,020,163 1,130,643 1,025,735
Total liabilities 47,797,396 48,839,100 46,332,402
Shareholders' equity      
Common stock 8,643 8,642 7,175
Capital surplus 7,588,248 7,630,093 6,739,069
Less treasury shares, at cost (9,357) (8,771) (9,235)
Accumulated other comprehensive loss (122,543) (197,496) (84,398)
Retained (deficit) earnings (2,574,855) (2,814,433) (2,910,115)
Total shareholders' equity 5,252,643 4,980,542 5,438,436
Total liabilities and shareholders' equity 53,050,039 53,819,642 51,770,838
Common shares authorized (par value of $0.01) 1,500,000,000 1,500,000,000 1,500,000,000
Common shares issued 864,310,281 864,195,369 717,487,003
Common shares outstanding 863,323,099 863,319,435 716,622,592
Treasury shares outstanding 987,182 875,934 864,411
Preferred shares issued 1,967,071 1,967,071 1,967,071
Preferred shares outstanding 362,507 362,507 1,760,578
Series A Preferred Stock
      
Shareholders' equity      
Preferred Stock (5.00% Series B and 8.50% Series A) 362,507 362,507 362,507
Total shareholders' equity 362,507   362,507
Series B Preferred Stock
      
Shareholders' equity      
Preferred Stock (5.00% Series B and 8.50% Series A) 0 0 1,333,433
Total shareholders' equity     $ 1,333,433
[1] Amounts represent loans for which Huntington has elected the fair value option. See Note 13
[2] Amounts represent certain assets and liabilities of a consolidated VIE for which Huntington has elected the fair value option. See Note 15