Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

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Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2013
Goodwill and Other Intangible Assets [Abstract]  
Goodwill by business segment

Business segments are based on segment leadership structure, which reflects how segment performance is monitored and assessed. A rollforward of goodwill by business segment for the first three-month period of 2013 is presented in the table below:

 

    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, 2013 and December 31, 2012, Huntington's other intangible assets consisted of the following:

      Gross           Net
      Carrying     Accumulated     Carrying
(dollar amounts in thousands)   Amount     Amortization     Value
                   
March 31, 2013                
  Core deposit intangible $ 380,249   $ (310,407)   $ 69,842
  Customer relationship   106,974     (52,825)     54,149
  Other   25,164     (24,919)     245
Total other intangible assets $ 512,387   $ (388,151)   $ 124,236
                   
December 31, 2012                
  Core deposit intangible $ 380,249   $ (302,003)   $ 78,246
  Customer relationship   104,574     (50,925)     53,649
  Other   25,164     (24,902)     262
Total other intangible assets $ 509,987   $ (377,830)   $ 132,157
                   
Estimated amortization expense of other intangible assets

The estimated amortization expense of other intangible assets for the remainder of 2013 and the next five years is as follows:

  (dollar amounts     Amortization
  in thousands)     Expense
         
  2013   $ 31,048
  2014     36,711
  2015     20,549
  2016     7,336
  2017     6,854
  2018     5,983