Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Income

v2.4.1.9
Consolidated Statements of Income (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Loans and leases      
Loans and Leases, total $ 1,674,563,000us-gaap_InterestAndFeeIncomeLoansAndLeases $ 1,629,939,000us-gaap_InterestAndFeeIncomeLoansAndLeases $ 1,675,295,000us-gaap_InterestAndFeeIncomeLoansAndLeases
Available-for-sale and other securities      
Taxable 171,080,000us-gaap_InterestIncomeSecuritiesTaxable 148,557,000us-gaap_InterestIncomeSecuritiesTaxable 184,340,000us-gaap_InterestIncomeSecuritiesTaxable
Tax-exempt 28,965,000us-gaap_InterestIncomeSecuritiesTaxExempt 12,678,000us-gaap_InterestIncomeSecuritiesTaxExempt 8,999,000us-gaap_InterestIncomeSecuritiesTaxExempt
Held-to-maturity securities - taxable 88,724,000us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity 50,214,000us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity 24,088,000us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity
Other 13,130,000us-gaap_OtherInterestAndDividendIncome 19,249,000us-gaap_OtherInterestAndDividendIncome 37,541,000us-gaap_OtherInterestAndDividendIncome
Total interest income 1,976,462,000us-gaap_InterestAndDividendIncomeOperating 1,860,637,000us-gaap_InterestAndDividendIncomeOperating 1,930,263,000us-gaap_InterestAndDividendIncomeOperating
Interest expense      
Deposits 86,453,000us-gaap_InterestExpenseDeposits 116,241,000us-gaap_InterestExpenseDeposits 162,167,000us-gaap_InterestExpenseDeposits
Short-term borrowings 2,940,000us-gaap_InterestExpenseShortTermBorrowings 700,000us-gaap_InterestExpenseShortTermBorrowings 2,048,000us-gaap_InterestExpenseShortTermBorrowings
Federal Home Loan Bank advances 1,011,000us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm 1,077,000us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm 819,000us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
Subordinated notes and other long-term debt 48,917,000us-gaap_InterestExpenseOtherLongTermDebt 38,011,000us-gaap_InterestExpenseOtherLongTermDebt 54,705,000us-gaap_InterestExpenseOtherLongTermDebt
Total interest expense 139,321,000us-gaap_InterestExpense 156,029,000us-gaap_InterestExpense 219,739,000us-gaap_InterestExpense
Net interest income 1,837,141,000us-gaap_InterestIncomeExpenseNet 1,704,608,000us-gaap_InterestIncomeExpenseNet 1,710,524,000us-gaap_InterestIncomeExpenseNet
Provision for credit losses 80,989,000us-gaap_ProvisionForLoanAndLeaseLosses 90,045,000us-gaap_ProvisionForLoanAndLeaseLosses 147,388,000us-gaap_ProvisionForLoanAndLeaseLosses
Net interest income after provision for credit losses 1,756,152,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 1,614,563,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 1,563,136,000us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Service charges on deposit accounts 273,741,000us-gaap_FeesAndCommissionsDepositorAccounts 271,802,000us-gaap_FeesAndCommissionsDepositorAccounts 262,179,000us-gaap_FeesAndCommissionsDepositorAccounts
Mortgage banking income 115,972,000us-gaap_FeesAndCommissionsMortgageBankingAndServicing 123,007,000us-gaap_FeesAndCommissionsMortgageBankingAndServicing 121,897,000us-gaap_FeesAndCommissionsMortgageBankingAndServicing
Trust services income 105,401,000us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities 92,591,000us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities 82,290,000us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities
Electronic banking income 84,887,000hban_ElectronicBanking 126,855,000hban_ElectronicBanking 191,092,000hban_ElectronicBanking
Brokerage income 68,277,000us-gaap_BrokerageCommissionsRevenue 69,624,000us-gaap_BrokerageCommissionsRevenue 72,684,000us-gaap_BrokerageCommissionsRevenue
Insurance income 65,473,000us-gaap_InsuranceCommissionsAndFees 69,264,000us-gaap_InsuranceCommissionsAndFees 71,319,000us-gaap_InsuranceCommissionsAndFees
Gain (Loss) on sale of loans 21,091,000us-gaap_GainLossOnSalesOfLoansNet 18,171,000us-gaap_GainLossOnSalesOfLoansNet 58,182,000us-gaap_GainLossOnSalesOfLoansNet
Bank owned life insurance income 57,048,000us-gaap_BankOwnedLifeInsuranceIncome 56,419,000us-gaap_BankOwnedLifeInsuranceIncome 56,042,000us-gaap_BankOwnedLifeInsuranceIncome
Capital markets income 43,731,000hban_CapitalMarketsFeeIncome 45,220,000hban_CapitalMarketsFeeIncome 48,160,000hban_CapitalMarketsFeeIncome
Net gains on sales of securities 17,554,000us-gaap_GainLossOnSaleOfSecuritiesNet 2,220,000us-gaap_GainLossOnSaleOfSecuritiesNet 6,388,000us-gaap_GainLossOnSaleOfSecuritiesNet
Impairment losses recognized in earnings on available-for-sale securities 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (1,802,000)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (1,619,000)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
Other income 126,004,000us-gaap_NoninterestIncomeOtherOperatingIncome 138,825,000us-gaap_NoninterestIncomeOtherOperatingIncome 137,707,000us-gaap_NoninterestIncomeOtherOperatingIncome
Total noninterest income 979,179,000us-gaap_NoninterestIncome 1,012,196,000us-gaap_NoninterestIncome 1,106,321,000us-gaap_NoninterestIncome
Personnel costs 1,048,775,000us-gaap_LaborAndRelatedExpense 1,001,637,000us-gaap_LaborAndRelatedExpense 988,193,000us-gaap_LaborAndRelatedExpense
Outside data processing and other services 212,586,000us-gaap_InformationTechnologyAndDataProcessing 199,547,000us-gaap_InformationTechnologyAndDataProcessing 190,255,000us-gaap_InformationTechnologyAndDataProcessing
Net occupancy 128,076,000us-gaap_OccupancyNet 125,344,000us-gaap_OccupancyNet 111,160,000us-gaap_OccupancyNet
Equipment 119,663,000us-gaap_EquipmentExpense 106,793,000us-gaap_EquipmentExpense 102,947,000us-gaap_EquipmentExpense
Deposit and other insurance expense 49,044,000us-gaap_FederalDepositInsuranceCorporationPremiumExpense 50,161,000us-gaap_FederalDepositInsuranceCorporationPremiumExpense 68,330,000us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Professional services 59,555,000us-gaap_ProfessionalFees 40,587,000us-gaap_ProfessionalFees 65,758,000us-gaap_ProfessionalFees
Marketing 50,560,000us-gaap_MarketingAndAdvertisingExpense 51,185,000us-gaap_MarketingAndAdvertisingExpense 64,263,000us-gaap_MarketingAndAdvertisingExpense
Amortization of intangibles 39,277,000us-gaap_AmortizationOfIntangibleAssets 41,364,000us-gaap_AmortizationOfIntangibleAssets 46,549,000us-gaap_AmortizationOfIntangibleAssets
Gains on early extinguishment of debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (798,000)us-gaap_GainsLossesOnExtinguishmentOfDebt
Other expense 174,810,000us-gaap_OtherNoninterestExpense 141,385,000us-gaap_OtherNoninterestExpense 199,219,000us-gaap_OtherNoninterestExpense
Total noninterest expense 1,882,346,000us-gaap_NoninterestExpense 1,758,003,000us-gaap_NoninterestExpense 1,835,876,000us-gaap_NoninterestExpense
Income before income taxes 852,985,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 868,756,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 833,581,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 220,593,000us-gaap_IncomeTaxExpenseBenefit 227,474,000us-gaap_IncomeTaxExpenseBenefit 202,291,000us-gaap_IncomeTaxExpenseBenefit
Net income 632,392,000us-gaap_NetIncomeLoss 641,282,000us-gaap_NetIncomeLoss 631,290,000us-gaap_NetIncomeLoss
Dividends on preferred shares 31,854,000us-gaap_DividendsPreferredStock 31,869,000us-gaap_DividendsPreferredStock 31,989,000us-gaap_DividendsPreferredStock
Net income applicable to common shares 600,538,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 609,413,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 599,301,000us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Average common shares - basic 819,917us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 834,205us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 857,962us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Average common shares - diluted 833,081us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 843,974us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 863,402us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Per common share:      
Net income - basic $ 0.73us-gaap_EarningsPerShareBasic $ 0.73us-gaap_EarningsPerShareBasic $ 0.7us-gaap_EarningsPerShareBasic
Net income - diluted $ 0.72us-gaap_EarningsPerShareDiluted $ 0.72us-gaap_EarningsPerShareDiluted $ 0.69us-gaap_EarningsPerShareDiluted
Cash dividends declared, prior period $ 0.21us-gaap_CommonStockDividendsPerShareDeclared $ 0.19us-gaap_CommonStockDividendsPerShareDeclared $ 0.16us-gaap_CommonStockDividendsPerShareDeclared
Impairment losses on available-for-sale securities:      
Total OTTI losses 0hban_ImpairmentLossesOnInvestmentSecurities 1,870,000hban_ImpairmentLossesOnInvestmentSecurities 1,886,000hban_ImpairmentLossesOnInvestmentSecurities
Noncredit-related portion of loss recognized in other comprehensive income $ 0hban_NoncreditRelatedLossesOnSecuritiesNotExpectedToBeSold $ 68,000hban_NoncreditRelatedLossesOnSecuritiesNotExpectedToBeSold $ 267,000hban_NoncreditRelatedLossesOnSecuritiesNotExpectedToBeSold