Huntington Bancshares Incorporated Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2012

Goodwill and Other Intangible Assets [Abstract]

A rollforward of goodwill by business segment for the first three-month period of 2012 was as follows:

		Retail &		Regional &
		Business		Commercial							Treasury/	Huntington
(dollar amounts in thousands)		Banking		Banking		AFCRE			WGH		Other	Consolidated
Balance, beginning of period		$	286,824	$	16,169	$	---	$	98,951	$	42,324	$	444,268
	Adjustments		---		---		---		---		---		---
Balance, end of period		$	286,824	$	16,169	$	---	$	98,951	$	42,324	$	444,268

Summary of other intangible assets

At March 31, 2012, December 31, 2011, and March 31, 2011, Huntington's other intangible assets consisted of the following:

			Gross				Net
			Carrying		Accumulated		Carrying
(dollar amounts in thousands)			Amount		Amortization		Value

March 31, 2012
	Core deposit intangible	$	384,210⁽¹⁾	$	(272,946)	$	111,264
	Customer relationship		104,574		(45,026)		59,548
	Other		25,164		(24,841)		323
Total other intangible assets		$	513,948	$	(342,813)	$	171,135

December 31, 2011
	Core deposit intangible	$	376,846	$	(263,410)	$	113,436
	Customer relationship		104,574		(43,052)		61,522
	Other		25,164		(24,820)		344
Total other intangible assets		$	506,584	$	(331,282)	$	175,302

March 31, 2011
	Core deposit intangible	$	376,846	$	(230,339)	$	146,507
	Customer relationship		104,574		(36,831)		67,743
	Other		25,164		(24,163)		1,001
Total other intangible assets		$	506,584	$	(291,333)	$	215,251

(1)	Includes $7,364 thousand related to the FDIC-assisted acquisition of Fidelity Bank on March 30, 2012.

Estimated amortization expense of other intangible assets

The estimated amortization expense of other intangible assets for the remainder of 2012 and the next five years is as follows:

(dollar amounts		Amortization
in thousands)		Expense

2012	$	35,778
2013		41,994
2014		37,136
2015		20,832
2016		7,475
2017		6,851

- Definition

Tabular disclosure of amortizable intangibles assets, in total and by major class, including the gross carrying amount and accumulated amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.

+ References + Details

- Definition

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

+ References + Details