Huntington Bancshares Incorporated Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Premises and Equipment

Premises and Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

8. Premises and Equipment

Premises and equipment were comprised of the following in December 31, 2011 and 2010:

		At December 31,
(dollar amounts in thousands)		2011		2010
Land and land improvements	$	123,312	$	120,069
Buildings		375,603		367,003
Leasehold improvements		218,957		204,830
Equipment		635,175		613,301
Total premises and equipment		1,353,047		1,305,203
Less accumulated depreciation and amortization		(788,618)		(813,601)
Net premises and equipment	$	564,429	$	491,602

Depreciation and amortization charged to expense and rental income credited to net occupancy expense for the three years ended December 31, 2011, 2010, and 2009 were:

(dollar amounts in thousands)		2011		2010		2009

Total depreciation and amortization of premises and equipment	$	70,413	$	64,934	$	66,089
Rental income credited to occupancy expense		10,878		10,108		11,755

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details