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

Parent Company Financial Statements (Tables)

3 Months Ended

Sep. 30, 2013

Balance Sheets		September 30,		December 31,
(dollar amounts in thousands)		2013		2012
Assets
Cash and cash equivalents	$	967,644	$	921,471
Due from The Huntington National Bank		246,833		207,414
Due from non-bank subsidiaries		65,334		78,006
Investment in The Huntington National Bank		5,180,441		4,754,886
Investment in non-bank subsidiaries		787,195		774,055
Accrued interest receivable and other assets		154,659		131,358
Total assets	$	7,402,106	$	6,867,190

Liabilities and Shareholders' Equity
Short-term borrowings	$	---	$	---
Long-term borrowings		642,952		662,894
Dividends payable, accrued expenses, and other liabilities		797,575		414,085
Total liabilities		1,440,527		1,076,979
Shareholders' equity (1)		5,961,579		5,790,211
Total liabilities and shareholders' equity	$	7,402,106	$	6,867,190

(1) See Huntington’s Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity.

					Three Months Ended				Nine Months Ended
	Statements of Income				September 30,				September 30,
	(dollar amounts in thousands)				2013		2012		2013		2012
	Income
		Dividends from
			The Huntington National Bank	$	---	$	---	$	---	$	---
			Non-bank subsidiaries		18,000		5,000		18,000		13,450
		Interest from
			The Huntington National Bank		425		8,523		5,513		32,112
			Non-bank subsidiaries		782		1,280		2,399		4,505
		Other			353		251		1,266		1,068
	Total income				19,560		15,054		27,178		51,135

	Expense
		Personnel costs			12,951		11,186		41,161		31,387
		Interest on borrowings			5,692		6,621		14,242		24,094
		Other			11,923		10,784		26,790		25,632
	Total expense				30,566		28,591		82,193		81,113

	Income (loss) before income taxes and equity in undistributed
		net income of subsidiaries			(11,006)		(13,537)		(55,015)		(29,978)
	Provision (benefit) for income taxes				(14,958)		(15,572)		(28,974)		(26,812)
	Income (loss) before equity in undistributed net income of subsidiaries				3,952		2,035		(26,041)		(3,166)
	Increase (decrease) in undistributed net income of:
		The Huntington National Bank			186,462		168,314		505,499		469,274
		Non-bank subsidiaries			(11,927)		(2,582)		1,460		7,635
	Net income			$	178,487	$	167,767	$	480,918	$	473,743

	Other comprehensive income (loss) (1)				52,969		51,435		(79,948)		89,221
	Comprehensive income			$	231,456	$	219,202	$	400,970	$	562,964

(1) See Condensed Consolidated Statements of Comprehensive Income for other comprehensive income (loss) detail.

				Nine Months Ended
Statements of Cash Flows				September 30,
(dollar amounts in thousands)				2013		2012

Operating activities
	Net income		$	480,918	$	473,743
	Adjustments to reconcile net income to net cash provided by operating activities
		Equity in undistributed net income of subsidiaries		(536,591)		(502,659)
		Depreciation and amortization		323		197
		Other, net		(1,518)		(25,494)
Net cash provided by (used for) operating activities				(56,868)		(54,213)

Investing activities
	Repayments from subsidiaries			251,853		453,625
	Advances to subsidiaries			(248,950)		(31,347)
Net cash provided by (used for) investing activities				2,903		422,278

Financing activities
	Payment of borrowings			(50,000)		(199,770)
	Issuance of long-term debt			399,200		---
	Dividends paid on stock			(132,957)		(127,136)
	Repurchases of common stock			(124,995)		(65,303)
	Other, net			8,890		(166)
Net cash provided by (used for) financing activities				100,138		(392,375)
Change in cash and cash equivalents				46,173		(24,310)
Cash and cash equivalents at beginning of period				921,471		917,954
Cash and cash equivalents at end of period			$	967,644	$	893,644

Supplemental disclosure:
	Interest paid		$	14,242	$	24,904