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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
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Mar. 31, 2015
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Mar. 31, 2014
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|
| Loans and leases | ||
| Loans and Leases, total | $ 420,614us-gaap_InterestAndFeeIncomeLoansAndLeases | $ 402,508us-gaap_InterestAndFeeIncomeLoansAndLeases |
| Available-for-sale and other securities | ||
| Taxable | 47,856us-gaap_InterestIncomeSecuritiesTaxable | 38,456us-gaap_InterestIncomeSecuritiesTaxable |
| Tax-exempt | 9,287us-gaap_InterestIncomeSecuritiesTaxExempt | 5,485us-gaap_InterestIncomeSecuritiesTaxExempt |
| Held-to-maturity securities - taxable | 20,667us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity | 23,320us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity |
| Other | 3,672us-gaap_OtherInterestAndDividendIncome | 2,686us-gaap_OtherInterestAndDividendIncome |
| Total interest income | 502,096us-gaap_InterestAndDividendIncomeOperating | 472,455us-gaap_InterestAndDividendIncomeOperating |
| Interest expense | ||
| Deposits | 19,567us-gaap_InterestExpenseDeposits | 23,938us-gaap_InterestExpenseDeposits |
| Short-term borrowings | 542us-gaap_InterestExpenseShortTermBorrowings | 522us-gaap_InterestExpenseShortTermBorrowings |
| Federal Home Loan Bank advances | 377us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm | 81us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm |
| Subordinated notes and other long-term debt | 13,925us-gaap_InterestExpenseOtherLongTermDebt | 10,408us-gaap_InterestExpenseOtherLongTermDebt |
| Total interest expense | 34,411us-gaap_InterestExpense | 34,949us-gaap_InterestExpense |
| Net interest income | 467,685us-gaap_InterestIncomeExpenseNet | 437,506us-gaap_InterestIncomeExpenseNet |
| Provision for credit losses | 20,591us-gaap_ProvisionForLoanAndLeaseLosses | 24,630us-gaap_ProvisionForLoanAndLeaseLosses |
| Net interest income after provision for credit losses | 447,094us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss | 412,876us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss |
| Service charges on deposit accounts | 62,220us-gaap_FeesAndCommissionsDepositorAccounts | 64,582us-gaap_FeesAndCommissionsDepositorAccounts |
| Mortgage banking income | 29,039us-gaap_FeesAndCommissionsMortgageBankingAndServicing | 29,565us-gaap_FeesAndCommissionsMortgageBankingAndServicing |
| Trust services income | 27,398us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities | 23,642us-gaap_FeesAndCommissionsFiduciaryAndTrustActivities |
| Electronic banking income | 22,961hban_ElectronicBanking | 23,089hban_ElectronicBanking |
| Brokerage income | 15,895us-gaap_BrokerageCommissionsRevenue | 16,496us-gaap_BrokerageCommissionsRevenue |
| Insurance income | 15,500us-gaap_InsuranceCommissionsAndFees | 17,167us-gaap_InsuranceCommissionsAndFees |
| Gain (Loss) on sale of loans | 4,589us-gaap_GainLossOnSalesOfLoansNet | 3,570us-gaap_GainLossOnSalesOfLoansNet |
| Bank owned life insurance income | 13,025us-gaap_BankOwnedLifeInsuranceIncome | 13,307us-gaap_BankOwnedLifeInsuranceIncome |
| Capital markets income | 13,905hban_CapitalMarketsFeeIncome | 9,194hban_CapitalMarketsFeeIncome |
| Net gains on sales of securities | 0us-gaap_GainLossOnSaleOfSecuritiesNet | 16,970us-gaap_GainLossOnSaleOfSecuritiesNet |
| Impairment losses recognized in earnings on available-for-sale securities | 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet | 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet |
| Other income | 27,091us-gaap_NoninterestIncomeOtherOperatingIncome | 30,903us-gaap_NoninterestIncomeOtherOperatingIncome |
| Total noninterest income | 231,623us-gaap_NoninterestIncome | 248,485us-gaap_NoninterestIncome |
| Personnel costs | 264,916us-gaap_LaborAndRelatedExpense | 249,477us-gaap_LaborAndRelatedExpense |
| Outside data processing and other services | 50,535us-gaap_InformationTechnologyAndDataProcessing | 51,490us-gaap_InformationTechnologyAndDataProcessing |
| Net occupancy | 31,020us-gaap_OccupancyNet | 33,433us-gaap_OccupancyNet |
| Equipment | 30,249us-gaap_EquipmentExpense | 28,750us-gaap_EquipmentExpense |
| Deposit and other insurance expense | 12,975us-gaap_FederalDepositInsuranceCorporationPremiumExpense | 10,686us-gaap_FederalDepositInsuranceCorporationPremiumExpense |
| Professional services | 10,206us-gaap_ProfessionalFees | 9,291us-gaap_ProfessionalFees |
| Marketing | 12,727us-gaap_MarketingAndAdvertisingExpense | 12,231us-gaap_MarketingAndAdvertisingExpense |
| Amortization of intangibles | 10,167us-gaap_AmortizationOfIntangibleAssets | 13,718us-gaap_AmortizationOfIntangibleAssets |
| OREO and foreclosure expense | 0us-gaap_GainsLossesOnSalesOfOtherRealEstate | 0us-gaap_GainsLossesOnSalesOfOtherRealEstate |
| Gains on early extinguishment of debt | 0us-gaap_GainsLossesOnExtinguishmentOfDebt | 0us-gaap_GainsLossesOnExtinguishmentOfDebt |
| Other expense | 36,062us-gaap_OtherNoninterestExpense | 51,045us-gaap_OtherNoninterestExpense |
| Total noninterest expense | 458,857us-gaap_NoninterestExpense | 460,121us-gaap_NoninterestExpense |
| Income before income taxes | 219,860us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 201,240us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
| Provision for income taxes | 54,006us-gaap_IncomeTaxExpenseBenefit | 52,097us-gaap_IncomeTaxExpenseBenefit |
| Net income | 165,854us-gaap_NetIncomeLoss | 149,143us-gaap_NetIncomeLoss |
| Dividends on preferred shares | 7,965us-gaap_DividendsPreferredStock | 7,964us-gaap_DividendsPreferredStock |
| Net income applicable to common shares | 157,889us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | 141,179us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
| Average common shares - basic | 809,778us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 829,659us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
| Average common shares - diluted | 823,809us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 842,677us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
| Per common share: | ||
| Net income - basic | $ 0.19us-gaap_EarningsPerShareBasic | $ 0.17us-gaap_EarningsPerShareBasic |
| Net income - diluted | $ 0.19us-gaap_EarningsPerShareDiluted | $ 0.17us-gaap_EarningsPerShareDiluted |
| Cash dividends declared, prior period | $ 0.06us-gaap_CommonStockDividendsPerShareDeclared | $ 0.05us-gaap_CommonStockDividendsPerShareDeclared |
| Impairment losses on available-for-sale securities: | ||
| Total OTTI losses | 0hban_ImpairmentLossesOnInvestmentSecurities | 0hban_ImpairmentLossesOnInvestmentSecurities |
| Noncredit-related portion of loss recognized in other comprehensive income | $ 0hban_NoncreditRelatedLossesOnSecuritiesNotExpectedToBeSold | $ 0hban_NoncreditRelatedLossesOnSecuritiesNotExpectedToBeSold |
| X | ||||||||||
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- Definition
Fee income earned related to foreign exchange, trading fees, trading gains/losses, and other capital market fee income. No definition available.
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- Definition
Check card and ATM interchange fees and ATM surcharge fees. No definition available.
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- Details
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- Definition
Total other-than-temporary losses recorded No definition available.
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- Definition
Noncredit-related losses on securities not expected to be sold, recognized in other comprehensive income. No definition available.
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Earnings on or other increases in the value of the cash surrender value of bank owned life insurance policies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of commission revenue from buying and selling securities on behalf of customers. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This element represents equipment expense including depreciation, repairs, rentals, and service contract costs. This item also includes equipment purchases which do not qualify for capitalization in accordance with the entity's accounting policy. This item may also include furniture expenses. No definition available.
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- Definition
Amount of expense for Federal Deposit Insurance Corporation (FDIC) insurance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Includes amounts charged depositors for: (1) maintenance of their accounts (maintenance charges); (2) failure to maintain specified minimum balances on account; (3) exceeding the number of checks or transactions allowed to be processed in a given period; (4) checks drawn on no minimum balance deposit accounts; (5) withdrawals from nontransaction deposit accounts; (6) closing savings accounts before a specified minimum period of time has elapsed; (7) accounts which have remained inactive for extended periods of time or which have become dormant; (8) use of automated teller machines or remote service units; (9) checks drawn against insufficient funds that the bank assesses regardless of whether it decides to pay, return or hold the check; (10) issuing stop payment orders; (11) certifying checks; and (12) accumulating or disbursing funds deposited in IRAs or Keogh Plan accounts when not handled by the bank's trust department. This item does not include penalties assessed on the early withdrawal of time deposits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Income from services rendered by trust departments or by any consolidated subsidiaries acting in a fiduciary capacity, including fees earned for (1) acting as an agent for fiduciary placement and loans and (2) custody or investment advisory services when such fees are not separately billed to the customer. This item excludes commissions and fees received for the accumulation or disbursement of funds deposited to Individual Retirement or Keogh plan accounts when such are not handled by the reporting entity's trust department. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Income from mortgage banking activities (fees and commissions) and servicing real estate mortgages, credit cards, and other financial assets held by others net of any related impairment of capitalized service costs. Also includes any premiums received in lieu of regular servicing fees on such loans only as earned over the life of the loans. No definition available.
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- Definition
The net gain (loss) realized from the sale, exchange, redemption, or retirement of securities, not separately or otherwise categorized as trading, available-for-sale, or held-to-maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net gain (loss) resulting from a sale of loans, including adjustments to record loans classified as held-for-sale at the lower-of-cost-or-market and fair value adjustments to loan held for investment purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net gain (loss) resulting from sales and other disposals of other real estate owned, increases (decreases) in the valuation allowance for foreclosed real estate, and write-downs of other real estate owned after acquisition or physical possession. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of expenses incurred in the period for information technology and data processing products and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Income from agency and brokerage operations (includes sales of annuities and supplemental contracts); service charges, commissions, and fees from the sale of insurance and related services; and management fees from separate accounts, deferred annuities, and universal life products. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of operating interest income, including amortization and accretion of premiums and discounts, on held-to-maturity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Aggregate amount of interest expense on all deposits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Interest expense incurred during the reporting period on long-term borrowings associated with Federal Home Loan Bank and Federal Reserve Bank advances. No definition available.
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- Definition
Interest expense incurred on all other long-term debt, which may include (1) interest on long-term notes, and (2) amortization of issuance costs not otherwise separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate interest expense incurred on short-term borrowings including commercial paper and Federal funds purchased and securities sold under agreements to repurchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of interest income or expense, including any amortization and accretion (as applicable) of discounts and premiums, including consideration of the provisions for loan, lease, credit, and other related losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net amount of operating interest income (expense). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities subject to state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities exempt from state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total expense recognized in the period for promotion, public relations, and brand or product advertising. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total aggregate amount of all noninterest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Represents other forms of revenue earned, excluding interest, which is not otherwise specified in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of net occupancy expense that may include items, such as depreciation of facilities and equipment, lease expenses, property taxes and property and casualty insurance expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Includes all other interest income, net of discount accretion and premium amortization, and dividend income. It may include dividend income from equity securities that do not have readily determinable fair values that are reportable in Other Assets, and interest income on interest-only strips receivable (not in the form of a security) that are included in Other Assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Other noninterest expenses that are not separately presented in any other noninterest expense category. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of expense related to estimated loss from loan and lease transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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